June 21 - Jul 19, 2014 Volume 14 Issue 06
INCORPORATING FRANCHISE AND BUSINESS OPPORTUNITIES Full Coverage Area Including Windsor, Hamilton, Toronto, Niagara Falls, Kingston and Ottawa! INVESTMENT OPPORTUNITY – SIMCOE, ON
GUELPH - 16 - 1 BEDROOM APARTMENTS SUITES - $1,400,000
ED UC D RE
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EXCLUSIVE LISTING. 7–2 BEDROOM TOWN HOMES 7 suites, 1 storey bungalow style townhouse, brick & siding, wheelchair accessible building. Full finished basement/rec room. Building 10 years new. 7-2 bedrooms. In suite laundry. Separate gas furnace & air conditioning. Pitched shingled roof, approximately 10 years old. Separate hydro meters. Tenant pay own gas & hydro. Ample parking. Good location, near downtown Simcoe and close to most amenities. Paul Megna, Broker Megna Real Estate And Insurance Ltd. Brokerage Cell: 905-547-3553 Email: paul@megna.com www.megna.com
2 - side-by-side 8-suite apartment buildings, white brick with pitched asphalt shingled roofs, featuring: 7 - 2-bedroom and 1 - 1 bedroom Suites in each building. Both buildings have gas hot-water heating, separate hydro meters (Tenants pay own hydro, except 1-bedroom suites). Terrazzo flooring in hallways and staircases. Controlled entry. Ample parking. MLS Listing.; For marketing brochure contact: Winston Davies, Broker of Record, WinCorp Realty Inc., Real Estate Brokerage, 45 Keats Crescent, Guelph, Ontario N1G 3B1 Tel: 519-836-2080 Fax: 519-836-2081 Email: wjmdavies@rogers.com
QEW EXPOSURE/CLEAR SPAN/GRIMSBY
GATEWAY NIAGARA REST STOP
R FO
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22,434 SQ.FT. Available For Sale. Clear span building (no interior columns), 38’ High Ceiling. Located seconds away from QEW with high profile neighbors. William DeJong, Broker of Record Coldwell Banker Commercial Integrity Real Estate Inc., Brokerage 1155 North Service Road W, Suite7 Oakville, ON L6M 3E3 Tel: (289) 291-5068 Email: wdejong@cbci.ca
FREE SUBSCRIPTION!
FC_2514 (COM)
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FOR LEASE Two units available for lease, 2,550 with Private Patio or 1,055 sq.ft., which can be combined for 3,605 sq.ft. Excellent visibility from QEW. Easy access. 250,000 visitors per year. The only rest stop on the QEW between Toronto and Niagara Falls. Coach bus rest point. Next to GO bus terminal. 2013 Tenant average sales $1,400 per sq.ft. and higher than average Liter of gas sales at Petro-Canada!!!! John Paisley, Broker Midevco Commercial Realty Corporation, Brokerage 905-639-7426 x202 John@Midevco.com www.midevco.com
Get The Commercial Investor delivered directly to your door! See inside for details 1G
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commercial opportunities DOWNTOWN BINBROOK
NEW LISTING
NEWLY LISTED - FOR SALE
Prime property, near signalized intersection. Approximately 0.8 of an acre, features include solid brick bungalow with many updates & large detached commercial building 48’ X 30’. Tremendous potential in booming community! Call Listing Agent for details. 2514_DJW_0020
SPACE FOR LEASE. Prime space available, situated on a busy corner in North West Oshawa. Anchored by National Bank, along with a great mix of other tenants. Space available from 1700 sqft. to 4300 sqft. In the middle of a large residential area with high traffic counts. Call agent for details.
HomeLife Macro Realty Inc., Brokerage
Higher Standards Agents... Higher Results!™
HomeLife Macro
Independently Owned & Operated
2G
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$649,000
2514_DJW_1_0076
FOR LEASE
“FOR LEASE”
Over 3000 sqft. of retail/office space in prime location in Beamsville at main signalized intersection along the wine route with easy access to QEW corridor.
Units for lease in brand new 3 storey building in Binbrook. Main floor and lower level, up to 15,000 sqft. available and can be divisible down to 800 sqft. Plenty of parking and high visibility on a major road, near school and shopping on a hard corner. Open your business here or relocate for better exposure.
$16 PER SQFT PLUS $4 TMI/CAM
$15 PER SQ FT PLUS $9 TMI/CAM
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“ATTENTION INVESTORS AND/OR END USERS! Prime corner investment property with existing multi unit 3000 sqft. commercial plaza (divisible). Adjacent to busy gas bar and c-store. Situated at the corner of Tuxedo and Main Street. Many possibilities! Call Listing Agent for Details! 2514_DJW_1_0029
$689,000 in Hamilton
FRANCHISES AVAILABLE
2514_DJW_1_0028
COMMERCIAL RETAIL/OFFICE CONDOMINIUM OPPORTUNITY Situated along QEW corridor in Grimsby at Casablanca Blvd. 1100 sq./ft. Units starting at $264,900. Larger units available! Ideal for investors or end user. Surrounded by high density residential development with direct exposure to QEW and major anchors. 2514_DJW_1_0044
Nicholas Kazan, Broker
|
Nicolas von Bredow, Broker
905.574.3038
1.888.751.2229 www.HLCommercial.ca
SOUTHWESTERN ONTARIO INVESTMENT TEAM
SOUTHWESTERN ONTARIO INVESTMENT TEAM INVESTMENT OPPORTUNITIES Investment Opportunities 356 Dundas Street
14.7 Acres Highway Commercial
London, ON
• • • •
Dorchester, ON
• 2 parcels of 7.9 acres and 6.8 acres Site Area - 0.30 acres Parking Income - $33,000 - Leased until Aug 2016 • Located on Hamilton Rd., Thames Centre • $70,000/acre/lot or both @ $65,000/acre Taxes - $17,837 (paid by owner) Asking $890,000
Tim Schnurr* 519 286 2018 tim.schnurr@cbre.com
Joe Benninger* CCIM Barry Poley* 519 340 2323 519 286 2015 joe.benninger@cbre.com barry.poley@cbre.com
944 Leathorne Street
Downtown Kitchener Apartments
London, ON
Kitchener, ON
• 46 Units - Renovated suites • Walking distance to UW, WLU, City Hall, LRT, Google offices • Asking $5,980,000
• • • •
Martin Cote* 519 340 2317 martin.cote@cbre.com
Tim Schnurr* 519 286 2018 tim.schnurr@cbre.com
Joe Benninger* CCIM 519 340 2323 joe.benninger@cbre.com
Office Property For Sale Leamington, ON
• 5 storey, 62,511 SF medical/office building • Located in Uptown Leamington • Asking $2,450,000 Brook Handysides* 519 946 3030 brook.handysides@cbre.com
London 150 Dufferin Avenue, Suite 602 N6A 5N6 T 519 673 6444 F 519 673 6948
25,365 SF on 3.55 acres Centrally located in quasi industrial area Single tenant investment opportunity Net Income: $132,618.75
Potential Development Land Township of Southwold, ON
• 32 Acres ± • Official Plan - Residential • Asking $1,350,000
11276500_2514
Retail Development Land Simcoe, ON
• 10.5 acres • Zoning: Shopping Centre Commercial (CSC) • $3,300,000 ($314,525/acre) Joe Benninger* CCIM 519 340 2323 joe.benninger@cbre.com
Martin Cote* 519 340 2317 martin.cote@cbre.com
1160 Brydges Street London, ON
• 19,205 SF; 11,211 SF occupied by Fed Ex • Net Income: $129,776 • Asking $1,100,000 Kevin MacDougall** 519 286 2013 kevin.macdougall@cbre.com
12,109 SF Multi-Tenant Office Building Kitchener, ON
• Great mix of professional tenants • Backing onto the Grand River and close proximity to Hwy 85 • Asking $2,650,000 - 100% Leased
David Yanoshita* David Cousins* Todd Cooney** 519 340 2315 519 286 2020 519 286 2006 david.yanoshita@cbre.com david.cousins@cbre.com todd.cooney@cbre.com
Waterloo Region 101 Frederick Street, Suite 810 N2H 6R2 T 519 744 4900 F 519 571 9315
Windsor 3200 Deziel Drive, Suite 110 N8W 5K8 T 519 252 4095 F 519 252 7554
* Sales Representative ** Broker
www.cbre.ca
This disclaimer shall apply to CBRE Limited, Real Estate Brokerage, and to all other divisions of the Corporation (“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. Mapping Sources: Canadian Mapping Services canadamapping@cbre.com; DMTI Spatial, Environics Analytics, Microsoft Bing, Google Earth
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www.dtz.com
DTZ Barnicke London Windsor Sarnia Ltd. Real Estate Brokerage, Independently Owned and Operated
INVESTMENT PROPERTY St. Thomas, ON
• • • •
$1,100,000
5 Neighbouring income producing properties (Commercial / Residential) Net Income $111,657 (2013) 10 Cap Valuation – almost fully leased Potential for Vendor Take Back Mortgage
David Jongerden * Ext. 242
Philip Cassis ** Ext. 231
SALE / LEASE Strathroy, ON
• • • •
Lease Rate: $9.50 psf Net Sale Price: $499,000 5,000 sf - Main Floor 1,500 sf - 2nd Floor
Tyler Desjardine *
INVESTMENT PROPERTY London, ON $ 10,600,000
RETAIL PLAZA London, ON
• • • • •
• 29,620 sf retail plaza • 100 % LEASED and always leased • Net income est. of approx. $784,073(2014) inclusive of mgt fees
• Multi-unit Medical Building • 11,000 sf on 0.59 acres • Net income $114,000, inclusive of mgt fees
Brent Rudell ***
Tom Rudell *
Brent Rudell ***
Ext. 236
RETAIL / AUTOMOTIVE BLDG London, ON $ 9.00 psf Net
SALE / LEASE Sarnia, ON
$ 15,000,000
• • • •
• • • •
70,837 sq ft / 1.6 acres Currently downtown parking lot Approx. 360 parking spaces Future development potential Stable cash flow
Brent Rudell ***
OFFICE London, ON
• • • •
Jessica Huysmans *
$ 1,200 per mth
1,290 sf – Total Space Main Fl. - 744 sf / 2nd Fl – 546 sf Zoned DA2 Great location
Jameson Lake *
Ext. 231
$ 12,900,000
14,000 sf building on 1.5 acres Former Honda Dealership Excellent exposure Showroom / Shop area
Gary Pollock **
Ext. 222
INVESTMENT OPPORTUNITY Woodstock, ON $ 1,590,000
949.5 acres TOTAL 486.6 acres - A1-Agricultural 297.2 acres – RU1-Rural 165.7 acres – HI-Heavy Industrial
Kenn Poore **
Sales Representative * | Broker ** | Broker of Record *** 4G 4G
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Ext. 232
Ext. 224
11266917_2514
Tel: (519) 438 5588
LONDON
BROCKVILLE
nt ce des e R ra g Up
s tA ea r Tr lea C
• Asking $4,170,000 • Asking $86,875 per suite • Beatifully Maintained Property with Excess Land and Good Landscaping • Individual Hydro Meters Convert Tenants on Turnover • Two Bedroom Suites are Duplex Apartments (Two Storey) • Suites contain Individual Thermostats
• 2 x Bachelor 5 x One Bedrooms 41 x Two Bedrooms • Invest in Growing City of Brockville • Potential Upside in Rents • 6.1% CAP Rate • 23.9% R.O.I. • Treat as Clear • Seller may Consider VTB to Facilitate the Sale
• Asking $2,875,000 • Asking $79,861 per Suite • Many Recent Upgrades Including Roof, Parking, Common Area Hallways, Unit Renovations • Professionally Managed Property • Located in North End of London, Close to University of Western Ontario
to se l Clo spita Ho
• Asking $2,095,000 • Asking $83,800 per Suite • Located close to St. Joseph’s Hospital & GO Transit Station • Redeveloping area of Hamilton • Potential Upside in Rents on Turnover • Individually Metered Tenants pay own Hydro • Overall capital items in good condition
Up Po side ten tia l
• 15 x Bachelor 10 x One Bedrooms • Additional income from parking rentals for Hospital • 5.8% CAP Rate • 13.0% R.O.I. • Existing 1st Mortgage of approximately $1,200,000 at 3.71% to be assumed.
25 Suites
• 19 x One Bedrooms 17 x Two Bedrooms • Individually metered Tenants Pay Own Hydro • Outdoor Surface Parking • Upside Potential on Rents • 6.0% CAP Rate • 23.4% R.O.I. • Treat Financing as Clear
36 Suites
48 Suites
HAMILTON
23 . R.O 4% .I
CLARINGTON US
AM
E!
E TS
• Asking $1,595,000 • Looking for a Live-In & Rental Property? This is it! • Gorgeous century mansion on 4 acres with 7 legal apartment units • Cabana by the pool (used for short-term rental) • Large barn on property in good condition. Lots of storage space. • Beautifully landscaped property with rock waterfalls, walkways, in-ground pool, and lots of trees and shrubs.
De Futu re ve Po lopm ten e tia nt l
• 7 x 1 Bedroom 1 x 5 Bedroom House • Property frontage is very private with cedar hedges • several large development proposals close to property • Town has said property lies within the urban boundary - Buyer to do their own Due Diligence. • Treat as Clear
7+1 Suites
TORONTO 2S Pro ever pe ed rtie s
!
ion cat Lo n! ion! o i cat ocat Lo L
• Asking: $2,400,000 $1,950,000 • High demand Annex area immediately next door to Subway Station & close to Bloor Street West • First property is a 19 unit licensed, upper scale rental accommodation • Second property is a more conventional investment property with 3 apartments + 3 rooms with shared
• 22 x Bachelors • 1 x One Bedroom • 2 x Two Bedrooms • Seller prefers to sell both properties as a package. (Speak to L/A. Seller may consider sale of individual property) • Call Listing Brokerage expenses • Treat As Clear • Properties are listed as Heritage buildings
2 CENTRAL TORONTO B UILDINGS
TORONTO
Sh Fu ort R tur e E ide t o LR glinto T n
d oo y G e on r Ve sid ver Up rno Tu
• Asking $1,099,000 • Asking $122,111 per Suite • Driveway & rear parking paved in good condition • Terrazzo hallways & stairs • double car garage at rear of building • Legal non-conforming 9-plex • There exists an underground oil storage tank on the property which is obsolete
• • • •
1 x Bachelor 5 x One Bedrooms 3 x Two Bedrooms Excellent upside in rents on turnover • Flat roof; thermal windows; building shows well. • Treat as clear • Superintendent duties performed by owner
9 Suites 8172756_2514
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Better Buying Power Initial & On-Going Training Marketing Programs
THE
ULTIMATE
Support from a TeamFRANCHISING of Restaurant Professionals Culinary & Menu Support OPPORTUNITY Franchise OppOrTUniTies
available
Inventory Control Systems Welcome to Shoeless Joe’s Sports Grill, Site Selection and Lease Negotiations
the only premium sports centered restaurant concept in the market. We are the Ultimate Sports Destination bringing the Ultimate Fan Experience to our guests.
Live the Emotion. Experience the Thrill. The UlTimaTe Enjoy the Teamwork. Franchise Join Us Today! OppOrTUniTy
As a Shoeless Joe’s Sports Grill Franchisee, you receive: • Ownership of the Sports Centered Restaurant Category • Name Recognition
• Better Buying Power
T. 905.760.1295 ext. 1 Shoeless Joe’s Limited franchising@shoelessjoes.ca • Support from a Team of Restaurant Professionals T. 905.760.1295 ext. 2181 • Culinary & Menu Support www.shoelessjoes.ca franchising@shoelessjoes.ca • Inventory Control Systems • Site Selection and Lease Negotiations www.shoelessjoes.ca • Initial & On-Going Training • Marketing Programs
dd 1
Locations Available in: • • • •
London Kitchener Hamilton/Stoney Creek Trenton/Belleville
• • • •
Ottawa/Kanata Barrie Bradford Peterborough
• North Bay • Pickering
11287971_2514
Live the Emotion. Experience the Thrill. Enjoy the Teamwork. Join Us Today!
9/26/13 12:16:11 PM
Shoeless Joe’s Limited T. 905.760.1295 ext. 2181 franchising@shoelessjoes.ca www.shoelessjoes.ca
Kim Chau Broker 416-298-6000
Leading Edge Realty Inc. Brokerage
kim.f.chau@gmail.com
STUDENT HOUSING/HOTEL In Northern Ontario’s largest city, home to several universities/colleges. Downtown Commercial zoning. Current Turnkey operation is a profitable Student Housing with 57 rooms (includes 4 self-contained units). Fully occupied. Recent renovations and updates include bedrooms, baths, 3 common kitchens. Security, cable, WIFI, telephone systems installed. Zoning allows: (Daycare, Hotel, Medical/Professional office, school, boarding, retirement home and etc.)
$2.59M
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GAS STATION/MOTEL Great opportunity for owner operator or investor. Approx. 1.49 acres fronting on major roadway – Trans Canada Hwy 17 just outside of Thunderbay. “Highway Commercial” property includes four main Turnkey businesses: 1. Gas Station (Gas and Diesel – under ESSO brand). 2. Fully licensed 70 Seat Restaurant (recently renovated). 3. Variety/Gift Store (lottery). 4. Two motel buildings with total of 31 rooms. Other income from Laundromat and rental of 2 bay garage.
$598,000
WHOLESALE/IMPORT BUSINESS AND PROPERTY Located in Markham, ON. One of Canada’s largest wholesale restaurant suppliers specializing in Japanese/Asian Tableware and Giftware. Turnkey business established over 35 years. G.T.A. and Ontario with sales throughout continental North America. Includes 9850 sq.ft. (approx.) in industrial complex. Warehouse, office/showroom, minutes to major roadways.
$2.3M 11287658_2514
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SILVESTRI INVESTMENTS EXCELLENT DEVELOPMENT & INVESTMENT OPPORTUNITIES
Fort Erie - Garrison Road Approx. 50 Acres of Land Draft Plan Approved Property
Hamilton - Twenty Road Approx. 49 Acres South of Upper Wentworth
Cambridge - Branchton Road and Morrison Road Approx. 280 +/- Acres Between the Two Properties N
309 South Pelham Road Welland, Ontario
Simcoe - Draft Approved Land, Building Lots & Vacant Land Harvest Glen Ph. 3 Lots Available Phase 5 Lots Coming Soon! Beautiful Location!
Niagara Falls Two Parcels: 64 and 25 Acres on Garner Road
Welland Approx. 14.5 Acres South Pelham and Webber Road
FLORIDA CONDOMINIUMS IN NEW SMYRNA BEACH
NEW CONSTRUCTION STARTED ON BUILDING 19 Reserve Your Unit Today! www.oceanwalk-condos.com
RE/MAX Escarpment Realty Inc., Brokerage Independently Owned & Operated
Paul Silvestri - Sales Representative • Direct: 905-521-1144 • Office: 905-545-1188 paul.silvestri@silvestri.ca • www.silvestri.ca
11102630_2514
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BAZ
OFFICE SPACE AVAILABLE FOR SALE AT YONGE AND SHEPPARD
Starting from
$188,000
5% OFF Until July 15, 2014
Direct access to two subway lines Shopping mall on ground floor Metro, LCBO and Starbucks on the 2nd floor Please call 416-221-8802 or email info@TheGalleriaAtEmeraldPark.com Rendering is artist’s concept. Prices and specifi cations are subject to change without notice. E. & O. E.
11288200_2514
TheGalleriaAtEmeraldPark.com 9G
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BAZI-EME-A-AD-COMMERCIALINVESTOR-JUNE11-1.indd 1
14-06-11 2:52 PM
NEW FRANCHISE OPPORTUNITIES
BEAMSVILLE, OSHAWA & OTHER LOCATIONS ACROSS ONTARIO
www.crabbyjoes.com 8302229_2514
For More Information: 1.877.272.2952 • development@obsidiangroupinc.com
ATTENTION
Fantastic Opportunity
For Builders/Developers/Investors
• High Demand Mississauga Development Location • Approved 15 storey 146 Residential Unit OWNER WILL CONSIDER PROPOSALS FOR OUTRIGHT SALE OF THE DEVELOPMENT OR JOINT VENTURE WITH A PREMIER HI-RISE BUILDER
For more information send serious inquiries to info@triumphcondo.com include your full corporate contact info. 11267146_2514
10G COM
Condominium
• Approved 5400 sqft ground floor commercial • Steps to Go Train, Shopping, Parks and Lake • Site Plan Application Filed • On Site Presentation Centre PRINCIPALS ONLY
Volume 14 Issue 06
1
Commercial Real Estate & Business Opportunities
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
index
READ BY over 100,000 Business Readers! distributed in over 1,700 locations! Owen huge coverage area - windsor to Sound ottawa!
Kitchener, Waterloo & Guelph
4
southwestern ontario
17
hamilton
24
Greater Toronto Area
40
Central ontario
54
eastern ontario
59
Niagara
63
Haliburton Business opportunities
70
Georgina Brock
Bradford
Hamilton
Ancaster
Haldimand
Windsor
Tel: (416) 784-5060 Fax: (416) 789-9705 Toll Free: 1-877-269-8257 pResIdeNT WAll2WAll MedIA Jacqueline Hill edIToR-IN-ChIeF dIReCToR oF CoNTeNT Susan Legge edIToR Elisa Krovblit
Gananoque
Kingston Belleville Trenton
Next issue:
July 19, 2014 St. Catharines Niagara Falls
Welland Fort Erie Dunnville
Advertising deadline:
July 8, 2014
For advertising information call
416-784-5060 Toll Free 1-877-269-8257 or e-mail us at: thecommercialinvestor@wall2wallmedia.com
Chatham
401 The West Mall, Suite 500 Etobicoke, ON M9C 5J5
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Published by:
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Uxbridge
Markham Caledon Pickering Georgetown Vaughan Scarborough Brampton
Woodstock Brantford Sarnia
Lindsay
Newmarket
Orangeville Listowel
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2
Volume 14 Issue 06
Commercial Real Estate & Business Opportunities
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
Special Features 12 Business savvy — Legal leaders see court from the other side 14 TReB RepoRT — GTa commercial Realtors report latest commercial market figures 20 in The news — Technology is a job creator, not destroyer 34 Business savvy — a CGa can help your small business 46 in The news— new report shows Canadian green building market growing steadily with owners seeing strong benefits from building Green 52 in The news — Bazis, Metropia and plaza announce major retailers for emerald park 58 Business savvy — Finding ways to attract and retain top talent 62 CMhC — Canada’s rental vacancy rate remains unchanged 66 Money sMaRTs — Tips when choosing a group insurance plan for your small business
p. 46
68 in The news — outlet Collection at niagara, Canada’s largest open-air outlet shopping centre, opened to crowds and fanfare GLossy seCTion eDiToRiaL 12 LeGaLLy speakinG — Building or renovating commercial properties construction liens 101 By Jayson schwarz & konstantine Chatzidimos
p. 52
Volume 14 Issue 06
3
Commercial Real Estate & Business Opportunities
OPPORTUNITY IS KNOCKING Don’t miss any opportunities!
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KITCHENER, WATERLOO & GUELPH
Kitchener/Waterloo Guelph & Cambridge
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
KITCHENER, WATERLOO & GUELPH SECTION COVERING: Cambridge Durham Elora
Fergus Guelph Kitchener Waterloo
For advertising
contact Doreen Wills Tel: 1-800-268-0077 or 905-570-9283
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5
CAMBRIDGE INVESTMENT
WATERLOO INVESTMENT
$550,000 OFFICE BUILDING 4000 square feet professionally finished offices on two levels, plus 800 square fee for dry storage in the basement. Great signage from street Pylon and large building sign included in sale price. Ample parking in front and rear of property, security system, large windows, three washrooms with possible lunch room. Good investment for the right purchaser. A rare find in today’s market.
$749,000 COMMERCIAL RESIDENTIAL L1-25 zoning....Fronting on Bridgeport Road, front lower level presently operating as Used Cars Sales Office... up to 20 plus cars. Front Upper level/Office presently rented as an apartment... Rear of property is a semi detached registered as two 3/bedroom student apartments. When fully occupied the property will generate an 8 percent cap return. Must be seen. Don’t miss this opportunity!
2514_DJW_1_0060
11286199_2514
2514_DJW_1_0032
Kitchener/Waterloo Guelph & Cambridge
Commercial Real Estate & Business Opportunities
TANNING SALON – GUELPH –
lease Is NegotIable • Interior finished • Includes 14 tanning beds • Prime for new owner to step into (lease only) • Well-maintained
Kenneth Fish Broker of Record
2514_DJW_3_0004
• Prime high traffic location • Ample parking • Spacious 1,740 sq. ft. • High density residential and business neighborhood Toll Free:
866.822.4066
ken@whitecaps.ca
Albert Fish Associates Limited R e a l e s tat e b R o k e R a g e
1.866.822.4066 Please say you saw it in The Commercial Investor
11270688_2514
Volume 14 Issue 06
6
Volume 14 Issue 06
Commercial Real Estate & Business Opportunities
Kitchener/Waterloo Guelph & Cambridge
WILFRED McINTEE & CO. LIMITED, BROKERAGE
Cell: 519-369-7279 Bus: 519-364-3711 Res: 519-364-5720 Fax: 519-364-6452 dteeter@wightman.ca
Doug Teeter
208 - 10th Street Hanover, Ontario N4N 1N7
MULTIPLE LISTING SERVICE
www.mcintee.on.ca
Sales Representative
Cell: 226-668-0154 Bus: 519-364-3711 Res: 519-881-0819 Fax: 519-364-6452 janadentinger@hotmail.ca
Jana Dentinger Sales Representative 8668463_2514
NEW PRICE!
2514_DJW_0029
2514_DJW_0031
2514_DJW_0030
$1,100,000 - 14 ACRES OF EXCELLENT COMMERCIAL & DEVELOPMENT PROPERTY ON HWY #4
$1,700,000 - 59.67 ACRES!
Licensed wrecking, salvage, auto repair & auto business. Clean operation. Well established for years. New in 2007 - 7,000 sq. ft. auto bay repair shop. All new equipment. 400 amp. Hydro service, septic system, well etc. 1800 sq. ft. older bldg. rented out. High traffic area. Lots of outside storage, land, bldgs., equipment for sale. Stock extra. Income statements available.
At east end of Hanover beside Walmart. Environmental Phase 1 Study, Geotechnical Investigation Report and more information available to interested buyers only.
NEW LISTING!
$349,900 - ONE OF A KIND 292 ACRES!
Excellent retreat property. Ideal for hunting. Lots of wildlife. Possible campground or many other ventures, hunting camp etc. Approx. 125 acres mixed bush, balance in low land. On main highway just west of Owen Sound. Gravel lane off Hwy #21. Beautiful building location. Hydro & telephone available at highway. Call for sketch of property.
NEW PRICE!
NEW LISTING!
2514_DJW_0032
$349,000 PLUS STOCK LOCATION! LOCATION! LOCATION!
2514_DJW_0033
$229,900 - EXCELLENT 24.25 ACRE
Convenience store! Thriving fishing, tackle shop & more on busy highway. Turn key business operation, land, bldg & business plus inventory. Other business available - bins, sheds - can be negotiated. 2 bdrm. apt with 4 pc. bath, new in 2000, L.R., D.R., kitchen with new cabinets, central air 2013, new roof in 2011 (membrane), furnace new in 2000, all new windows, in 2000. List of chattels at listing office. Financial statement available to serious buyers only.
2514_DJW_0034
Building area or farm land. Very quiet area. Approx. 7 acres workable & 6-7 acres hardwood bush with some marketable timber. Approx. 1,000 planted maple trees. 3-4 acres sand & stone. Balance in rough land. Excellent building location.
$429,000 - ONE OF A KIND PROPERTY! 65.38 acres with lake, bush & trails. Lots of mature trees. Ideal hunting, fishing, camping, boating etc. Hunter's paradise with lots of wildlife. Close to Hanover. Hydro & phone at road entrance. Ideal for camping or trailer park or other uses. Nice area to build your dream home.
The Cliff Rego Diamond Award Winning Team:
• Placed Top 20 in Canada* • Top 1% in the world for RE/MAX** *Re/Max International Statistics 2012 **For markets with population of 50,000 to 150,000
519.740.7222
CLIFF REGO BROKER
Real Estate Centre Inc. Brokerage
519.623.6200
Each office independently Owned and Operated
$324,900 Great location - quick and easy access to major roadways. First unit in complex - has good street exposure. 3 parking spots, but huge available customer/clinet parking. Easy front & rear access off Randall. Industrial one zoning (l1) offers extensive use possibilities. Tenant is month to month. North exposure. No balcony. No pets permitted. Monthly fee $475. This includes: water, landscaping/ snow removal, maintenance, building insurance and parking. MLS Randall. 2514_DJW_1_0016
$5.00/SQ. FT. High visibility - extensive traffic exposure. Quick & easy access to major roadways. Zoning permits office, warehouse, wholesale, vehicle sales & service, etc. MLS ® Northfield. 2114_DJW_1_0055
$8.00/ SQ. FT.
11269765_2114
Situated in high traffic area. Offering abundant parking! Great opportunity w/loads of space & lrg windows providing abundant natural light. Space includes office areas, kitchenette, bathrooms & lrg open concept area. MLS® Park Hill. 2114_DJW_2_0062
$68,500 Cracovia European market & deli. Great location - high density neighbour$1,500/MONTH $9.41/SQ. FT. GROSS hood, high exposre plaza. Extensive product selection for diverse clientele. Loads of parking in the plaza. Excellent customer draw by other business Extensive pedestrian & auto exposure! Lots of off street Turnkey auto body operation. Complete, modern, fullyas well as dedicated clientele. Price includes equipment and stock, with a parking! Convenient area! $1500 all in, expect HST. MLS® equipped auto body facility. All new equipment in 2013. Water. Loads of secure parking. MLS® Colby. new meat counter ($7000). MLS Preston Pkwy. 2114_DJW_1_0012 2514_DJW_3_0017 2114_DJW_1_0096
Please say you saw it in The Commercial Investor
Volume 14 Issue 06
7 Kitchener/Waterloo Guelph & Cambridge
Commercial Real Estate & Business Opportunities
519-745-7000
Grand Valley Realty BROKERAGE INDEPENDENTLY OWNED AND OPERATED
Unit 15C, 370 Highland Road West, Kitchener, ON N2M 5J9
Mike Milovick B.B.A., Sales Representative
CI@TeamMilovick.com
fax: 519-489-1333
www.TeamMilovick.com
8302191_2514
Royal LePage
Invest in Ontario’s Number 1 Town Today!
Subscribe: Latest KWC Real Estate News: www.FaceBook.com/TeamMilovick 119 UNIVERSITY AVENUE WEST, WATERLOO
• • • •
1,394,000
$
2514_DJW_1_0106
264-268 LESTER STREET, WATERLOO
465 HAZEL STREET, WATERLOO
549,900
$
1,200,000
$
• Redevelopment Land • NMU-8 Zoning • Quarter of Acre
2514_DJW_1_0099
• Steps to UW • MLS ®
• $48,000+ Annual Gross Income Available! • 9 student city-approved, rental licensed property • Desirable 5 and 4 bed
14 YOUNG STREET•WEST, WATERLOO
$
• $36,000+ Gross Income • Fixer Upper in AAA location
2514_DJW_1_0107
• Seller VTB possible OAC • MLS ®
$
399,900
511B GLENELM CRESCENT, WATERLOO
264,900
$
• $24,000 potential gross • Within 800 M to pro posed LRT • Freehold, Licensed
2514_DJW_1_0110
Investment • Four student, turnkey operation • MLS ®
369,900
• $3,090 gross monthly income! • Two Class A3 licenses
2514_DJW_7085
• Good sized bedrooms
MLS ®
• $39,000+ Potential Gross Income! • Desirable 5+2 Bedroom Layout • Steps to Waterloo Park, Easy Walk to Universities • Walk score of 87 • 5.77% Cap • 7.26% Cash on Cash • Over $7,000+ Potential Cash Flow • MLS ®
669,900
$
• Multi-Res infill site • Potential 20 unit site • Easy walk to future LRT
• Leased to August, 2014 • $42,000 Gross Annual Income
• MLS ®
13.00 PSF
$
• MLS ®
• MLS ®
274,228
• Four bedroom turn key rental • Unique, authentic uber cool loft
2514_DJW_1_0109
• Quick walk to WLU • 97 Walk Score
• MLS ®
386 ALBERT STREET, WATERLOO
419,900
$
• $43,000+ gross income • Re-rented to August, 2015 • 7 student licensed
2514_DJW_0084
property • MLS ®
1305 VICTORIA STREET NORTH, KITCHENER
7.00 PSF
$
2514_DJW_2_0072
• Great for Dentists • 3 exam rooms, plus office
• 4+3 Bedroom Layout • MR-6 Zoning
$
4 535 PARK ST., KITCHENER
• $13.00 PSF • 1076 Sq ft • Across from the General Hospital
2514_DJW_1_0100
9-12 BRIDGEPORT ROAD EAST, WATERLOO
2514_DJW_0118
• Proposed site plan available
D L O S
419,900
$
195 COURTLAND AVENUE EAST, KITCHENER
418 TAMARACK DRIVE, WATERLOO
$
68 CARDILL CRESCENT, WATERLOO
2514_DJW_1_0108
room layouts close to both Universities • Spacious bedrooms, two car garage for landlord or tenant storage.
144 ERB STREET WEST, WATERLOO 2514_DJW_1_0019
429,900
$99,700+ Gross Income Corner Lester and University Steps to Both Universities MLS®
• 2099 SF of Clean, Modern Space • Flexible C6 Zoning • Lots of Parking
Please say you saw it in The Commercial Investor
2514_DJW_1_0105
• 41,000 Vehicle Traffic Daily • MLS ®
8
Commercial Real Estate & Business Opportunities
Kitchener/Waterloo Guelph & Cambridge 8331512_2514
Please say you saw it in The Commercial Investor
Volume 14 Issue 06
9
Commercial Real Estate & Business Opportunities
Kitchener/Waterloo Guelph & Cambridge
Volume 14 Issue 06
8171433_2114
Please say you saw it in The Commercial Investor
10
Volume 14 Issue 06
Commercial Real Estate & Business Opportunities 53 MADISON AVE N, KITCHENER
2514_DJW_0159
$699,900
BUSINESS FOR SALE
$99,900
3.83 acre Hobby Farm located 5 minutes from Fergus and 10 minutes from Guelph. The property features 1,825 square foot 4 bed, 3 bath, farm house with an 800 square foot 1 bedroom accessory apartment, 3 horse paddocks, 3,000 square foot barn with 5 horse stalls, water, and hydro. MLS
450 FREDERICK STREET, KITCHENER
• Rim Park Skate Shop • Waterloo, ON • Owner Retiring • Great hours; part time hours, opportunity to increase sales
Room for Rent. Join Aesthetica Face & Body Inc, a skin care clinic, who are looking for a wellness practitioner partner to rent a main floor professional room (16’5” x 11’3”) with private entrance, parking, hydro heat, a/c & internet. Shared kitchen and bathroom.
$9.50/SF
FREDERICK MALL, KITCHENER
2514_DJW_3_0039
Charming Century Home situated on 2.73 acres of land 5 minutes South of the Town of Fergus and 10 Minutes from Guelph. Includes a 1 Bedroom accessory apartment, 3,000sf detached workshop, all individually metered. MLS.
233 FREDERICK ST, KITCHENER
2514_DJW_0158
8418 SIDEROAD 30, FERGUS
Triplex with ample parking for 8 cars in the rear. Updated furnace and wiring, in suite laundry in two units. Upstairs 2 bedroom rented for $900, two bachelor units rent for $750, all rents are inclusive. MLS
Various square footages available from 400SF to 5,100SF, elevator, onsite parking, on expressway, Landlord will renovate to suit for qualified Tenants.
2514_DJW_1_0104
$699,900
2514_DJW_0156
8372 SIDEROAD 30, FERGUS
Owner will build to suit. Current building is 6,750 sq ft multi-tenant on 0.9 acre in high traffic road close to a number of big box stores. Zoning is Specialized Service Commercial with many retail, office and service uses. Exclusive.
2514_DJW_0157
• High traffic location on Highway 26 • 180ft x 214ft lot • Existing Gas Bar with four Pumps • Re-development potential
$324,900
2514_DJW_0160
51 WOODLAWN RD W, GUELPH
2514_DJW_2_0097
$995,000
2514_DJW_3_0098
Kitchener/Waterloo Guelph & Cambridge
THORNBURY, ON
• Retail units and Pad Site available • Mall undergoing extensive renovations • On Bus line and Highway 7/85 • Great neighbourhood mall with 23,603 AADT (2012) • Join Valumart, CIBC, Dollarama and many more
D SE DUMFRIES INDUSTRIAL NORTH A E Close to Guelph, Tim Hortons. Ideal for restaurant ForL sale: $2.2M. 15,000SF - fully leased. On 4
PORT ELGIN
ROCKWOOD, ON
For lease 2,400 SF, only unit in 30,000 SF plaza, former Curves space, excellent location, unit in great condition
& services uses. Pre-leasing.
acres, backs onto Hwy #401 11283607_2514
RYAN BRIGGS
DUNCAN McLEAN
SALES REPRESENTATIVE
CELL
519.498.5775
Ryan@cmarealty.ca
SALES REPRESENTATIVE
KITCHENER, ONTARIO
519.578.0337
CELL
519.590.7997
Duncan@cmarealty.ca
Please say you saw it in The Commercial Investor
11
Commercial Real Estate & Business Opportunities 11288091_2514
Sutton Group Realty Systems Inc., Brokerage Zain Valani, P.Eng. Sales Representative
416-896-3333 Office | 905-781-1922 Cell 519-342-5228 Cell 6-PLEX • $181,800 gross income • Purpose built student housing • 6 licensed units, 30 students • 2 full bathrooms in each unit • $1.5M 1st mortgage, 4.13%, 5 year term • Furnished • MLS
360 ERB ST W, WATERLOO
$2,200,000
2514_DJW_0074
• $93,900 gross income TRIPLEX • Rented to August 2015 • Licensed - 15 students • 2 full bathrooms in each unit • King/University - steps to both Universities • Furnished • MLS
$790,000
2514_DJW_0076
2514_DJW_0075
$1,200,000
229 SHAKESPEARE DR, WATERLOO
33 COLUMBIA ST W, WATERLOO
• $61,020 gross income DUPLEX • Rented to August 2015 • Licensed - 10 students • 2 full bathrooms in unit 1, 1.5 in unit 2 • King/University - steps to both Universities • Furnished • MLS
$395,000 • $34,500 gross income • Rented to August 2015 • Licensed - 5 students • 2.5 bathrooms • Steps to UW • Furnished • MLS
2514_DJW_0077
338 KING ST N, WATERLOO
SEMIDETACHED
KITCHENER-WATERLOO APARTMENT INVESTMENT PROPERTIES WATERLOO 56 George Street 4 Units • 1x3BR, 2x2BR, 1x1BR • Uptown Waterloo Location • Concrete construction! • $43,000+ Gross Income
KITCHENER 162 Becker Street 6 Units • 5x2BR , 1x1Bach • Separate Meters • Upside potential! • $54,000+ Gross Income
KITCHENER 175 Hoffman Street 8 Units • 8x2BR • Separate Meters • Next to Public School • $67,000+ Gross Income
KITCHENER 188 Mill Street 3 Units • 2x2BR, 1x1BR • Very deep lot • Many recent upgrades • $28,800+ Gross Income
EMAIL OR CALL TO RECEIVE MORE EXCLUSIVE OPPORTUNITIES
KYLE CHURCH, SALES REPRESENTATIVE
Off: 519.745.7000 Dir: 519.498.0943 kyle.church@royallepagecommercial.com Royal LePage Grand Valley Realty, Brokerage Please say you saw it in The Commercial Investor
11285345_2514
Kitchener/Waterloo Guelph & Cambridge
Volume 14 Issue 06
12
Volume 14 Issue 06
Commercial Real Estate & Business Opportunities
Kitchener/Waterloo Guelph & Cambridge
519.742.7000 www.coupalmarkou.com
139 units christopher coupal, Broker of Record, Principal christopher@coupalmarkou.com 519-742-7000 x 101
140 units John markou, Sales Representative, Principal john@coupalmarkou.com 519-742-7000 x 102
2514_DJW_0024
26 units 2514_DJW_0028
26 units 2514_DJW_0027
23 units 2514_DJW_0026
2514_DJW_0025
23 units
2514_DJW_0023
2514_DJW_0022
2514_DJW_0021
ApArtment portfolio, Kitchener
80 units James craig, Sales Representative james@coupalmarkou.com 519-742-7000 x 103
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
74 units connect
11287245_2514
businesssavvy
LegaL Leaders
see court from the other side
A
recent event gave leaders in the legal community a chance to see what it’s like for people who have to solve their own legal problems in court. Robert Lapper, lawyer and chief executive officer at The Law Society of Upper Canada, was one of those leaders.
“It was an eye-opening experience to see first-hand the challenges faced by nonlegal professionals as they navigate the justice system,” says Lapper. The event, which was organized by the National Self-Represented Litigants Project, gave legal leaders an
opportunity to shadow self-represented litigants as they managed their legal problem at a Toronto courthouse. The number of people representing themselves in court has increased dramatically in recent years, according to the project’s report. “I was very aware of the increasing number of self-represented litigants and the many challenges they face. Participating in this event made it all that much more tangible,” says Lapper.“It drove home for me the importance of the Law Society’s new focus on access to justice, which includes working with the courts and other key players from the legal community to help people who cannot afford to hire a lawyer or paralegal.” The event included a tour of court-based services, such as Law Help Ontario provided by Pro Bono Law Ontario and Family Law Information Centres, provided by the Ministry of the Attorney General. “While there are still many gaps in terms of making the system work for selfrepresented litigants, I was impressed by the number of services that do exist,” says Lapper.“Part of the challenge is making sure people know about these services. The Law Society has recently published a guide – available on our website at lsuc. on.ca — that can help. It’s called Handling Everyday Legal Problems. It provides brief descriptions and contact information for reliable legal information sources and free and low-cost legal service providers in Ontario. The Law Society of Upper Canada is the regulator of lawyers and paralegals in Ontario. Robert Lapper joined the organization as its CEO in February 2012. NC
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Commercial Real Estate & Business Opportunities
519.742.7000 www.coupalmarkou.com
INVESTMENT OPPORTUNITIES 185 GLASGOW ST, KITCHENER
300 BRIDGE ST E, KITCHENER
• Great view overlooking green space • 20 unit solid construction • 10 - 1 bedroom units, 10 - 2 bedroom units • Well maintained • $2,400,000
• Freestanding building in Belmont Village • Corner location, ample parking, pylon signage • Leased to April 2015. NOI $72,000 per annum • $1,395,000 MLS
87-93 CEDAR ST S, KITCHENER
• 72.90 acres • Employment land • Parcels available from 8.30 acres • $275,000 per acre MLS
MLS
595 GARAFRAXA ST W, FERGUS
2514_DJW_1_0071
• Solid concrete 15 unit building • 2 bedroom units • Rental income upside • $1,350,000
• Brand new 36 unit building • Walking distance to downtown and LRT • 24 - 1 bedroom units & 12 - 2 bedroom units • $5,950,000
MLS
MLS
2514_DJW_1_0075
• Two industrial condos fronting on Saltsman Dr • Each unit consisting of 2,560 sq ft • DL/DI loading • $659,000 or $329,000 each
MLS
• 59.66 acres • Adjacent to Waterloo Wellington Airport • Zoned Agricultural • $1,695,000
MLS
• 3.63 acres industrial land • In prestigious Grand River Business Park • Located just off Victoria St. N, Kitchener • $671,550 ($185,000 per acre)
1015 KING ST E, KITCHENER
2514_DJW_1_0077
• Shovel ready industrial lots • 2.91 - 14.45 acres • $210,000 - $235,000 per acre MLS
MLS
• Across from future LRT • 1.19 acre redevelopment site • Corner of King & Ottawa Street • Existing income in place • $2,295,000
Christopher Coupal, Broker of Record, Principal christopher@coupalmarkou.com
Peter Kruschen, Sales Representative peter@coupalmarkou.com
John Markou, Sales Representative, Principal john@coupalmarkou.com
Matthew Dickson, Sales Representative matt@couplamarkou.com Michael Conrad, Sales Representative mike@coupalmarkou.com
James Craig, Sales Representative james@coupalmarkou.com
MLS
2514_DJW_1_0078
HERRGOTT RD, ST. CLEMENTS
2514_DJW_3_0076
2117 LONSDALE RD, BRESLAU
MLS
27 RIVERVIEW PL, KITCHENER
2514_DJW_2_0074
• 24,219 sq ft • High exposure on Manitou Road • Multi-tenant facility • $2,685,000
• 34.47 acres of future residential • Across from new proposed hospital • Adjacent to busy residential area • $1,750,000
85 SALTSMAN DR, CAMBRIDGE
2514_DJW_1_0073
334 MANITOU DR, KITCHENER
2514_DJW_1_0072
2514_DJW_0087
NE W
PR IC E
20 WEICHEL ST, KITCHENER
2514_DJW_0086
2514_DJW_2_0068
2514_DJW_2_0067
41 CONROY CR, GUELPH
MLS
connect
11287248_2514
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
Kitchener/Waterloo Guelph & Cambridge
Volume 14 Issue 06
14 trebreport
Volume 14 Issue 06
Commercial Real Estate & Business Opportunities
GTA commercial REALTORS report latest commercial market figures
T
oronto Real Estate Board Commercial Network Members reported 639,878 square feet of combined industrial, commercial/retail and office space leased through the TorontoMLS system in May 2014, on a per square foot net basis where pricing was disclosed. This result was up from 436,433 square feet leased in May 2013 and represented a 47 per cent increase on a year-over-year basis, which was driven by all major market segments. The industrial leasing market segment accounted for approximately 72 per cent of space leased. The average lease rate for these transactions was up by 1.5 per cent to $5.30 per square foot net. The commercial/retail and office segments experienced stronger average rates of growth, but a lot of this growth was compositional in nature, including a different mix of unit sizes and geography of transactions compared to May 2013.
“Despite slower than expected economic growth to start 2014, we experienced a considerable uptick in the amount of space leased. The consensus view is that the slow first quarter GDP growth in Canada and south of the border was mainly due
to extreme weather. The expectation is for an acceleration in US economic growth moving forward, which should have a positive effect on the Canadian economy, particularly where exports are concerned. Many GTA businesses arguably subscribe to this view and were taking on space in May in anticipation of stronger demand for their goods and services,” said Commercial Committee Chair Cynthia Lai. There were 50 combined industrial, commercial/retail and office property sales reported in May 2014 – down by approximately 30 per cent in comparison to May 2013. The average selling price per square foot, for transactions where pricing was disclosed, was up on a year-over-year basis for the industrial and commercial/retail segments of the market and down for the office segment. The key reason for the strong increases in the average industrial and commercial/retail selling prices was the lack of deals for larger sized properties this year. Generally speaking, larger properties sell for less on a per square foot basis compared to smaller properties. “Looking forward, low borrowing costs coupled with the anticipated increase in the demand for Canadian exports should fuel commercial real estate purchases in the GTA. It will be important to watch second quarter economic data, especially as it relates to business confidence and willingness to invest in the second half of 2014,”continued Ms. Lai.
February 2014: Per Square Foot Net Commercial Leasing Summary Lease Transactions Completed on a Per Square Foot Net Basis with Pricing Disclosed on Toronto MLS
February 2014: Commercial Sales Completed with Pricing Disclosed on TorontoMLS
Leased Sq. Ft. (Price Disclosed, Per Sq.Ft. Net)
Sales (Price Disclosed)
May 2014
May 2013
% Change
May 2014
May 2013
% Change
Industrial
459,244
326,419
40.7%
Industrial
14
31
-54.8%
Commercial
104,634
50,675
106.5%
Commercial
22
24
-8.3%
Office
76,000
59,339
28.1%
Office
14
15
-6.7%
Total
639,878
436,433
46.6%
Total
50
70
-28.6%
Avg. Lease Rate
Avg. Sale Price Per Sq. Ft. (Pricing Disclosed) May 2014
May 2013
% Change
May 2014
May 2013
% Change
Industrial
$5.30
$5.22
1.5%
Industrial
$142.9
$79.95
78.4%
Commercial
$21.90
$15.83
38.3%
Commercial
$316.03
$219.05
44.3%
Office
$15.15
$12.16
24.6%
Office
$250.62
274.64
-8.7%
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Commercial Real Estate & Business Opportunities
519.742.7000 www.coupalmarkou.com
Leasing OPPORTUniTies 3 WYaTT sT. e., eLMiRa
2114_DJW_0056
2114_DJW_0057
1595-1601 ViCTORia sT. n. KiTCHeneR
2114_DJW_0055
453 PaRK sT., KiTCHeneR
• 750 & 1,500 sq. ft. office space • Medical building behind Grand River Hospital • Pharmacy located onsite. Ample parking. • $8.00 / sq ft net
• 820 - 9,605 sq. ft. retail/industrial units • New owner - many improvements • Great access to Hwys 7, 8 & 85 • From $6.00 / sq ft net
MLS
240 DUKe sT W, KiTCHeneR
2114_DJW_0060
2114_DJW_0058
• Main floor & Second floor standalone office building • 2 Units of 5,650 sq ft • Beautiful post & beam construction MLS • $16.00 / sq ft
MLS
239 WeBeR sT. n. #2, WaTeRLOO
• 1,227 sq. ft. retail unit • Great loction south of University & Weber • Join Money Mart, Wendy’s & Insight Eye Care • $25.00 / sq ft net
MLS
#1202-20 eRB sT W, WaTeRLOO
• Prime Retail Store-front & Office Space • 5 Units 1,605 sq ft - 4,226 sq ft • Character space with high ceilings & exposed brick • Starting at $12.00 / sq ft MLS
• 980 sq ft first class office space • Uptown Waterloo location • Professional building with landlord onsite • $14.95 / sq. ft. net
MLS
• 1,250 sq. ft. retail/office unit • Great opportunity in fast growing area • Adjacent patio included at no charge • $28.00 / sq ft net
Christopher Coupal, Broker of Record, Principal christopher@coupalmarkou.com
Peter Kruschen, Sales Representative peter@coupalmarkou.com
John Markou, Sales Representative, Principal john@coupalmarkou.com
Matthew Dickson, Sales Representative matt@couplamarkou.com Michael Conrad, Sales Representative mike@coupalmarkou.com
James Craig, Sales Representative james@coupalmarkou.com
MLS
646 eRB sT. W. #107 WaTeRLOO
2114_DJW_0065
2514_DJW_0091
156-158 King sT W & 11 YOUng sT, KiTCHeneR
MLS
• 1,464, 1482 & 1,507 sq. ft. retail/office units • Brand new building • Patio space available with end unit • $20.00 / sq ft net
2114_DJW_0066
• 839 sq ft office & 2,724 sq ft retail • Busy Krug Plaza location • Onsite parking • From $10.00 / sq ft net
MLS
105 OaK PaRK DRiVe, WaTeRLOO
2114_DJW_0062
2114_DJW_0061
501 KRUg sT, KiTCHeneR
• 6,692 sq ft freestanding office building • Onsite parking included in lease rates. • Located right across from City Hall. • $8.95 / sq ft net.
2114_DJW_0063
• Great open concept 2nd floor space • Own private entrance • 2,032 to 4,065 sq ft • Located in heart of uptown Waterloo • $11.50 / sq ft net
MLS
150 DUKe sT W, KiTCHeneR
2514_DJW_0090
92 King sT. s., WaTeRLOO
MLS
• Brand new building • Ideally suited for office, retail, restaurants, etc. • Ample parking & visibility • $16.95 / sq ft net
MLS
connect
11287245_2514
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
Kitchener/Waterloo Guelph & Cambridge
Volume 14 Issue 06
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Volume 14 Issue 06
Commercial Real Estate & Business Opportunities
Kitchener/Waterloo Guelph & Cambridge
519.742.7000 www.coupalmarkou.com
Leasing OPPORTUniTies 8-10 WaTeR sT n, KiTCHeneR
2114_DJW_0115
2114_DJW_0116
159-161 King sT W, KiTCHeneR
2114_DJW_0091
8 QUeen sT n, KiTCHeneR
• From 7,635 to 36,069 sq ft office • Stunning brick & beam, hardwood floors • Direct access to City Parking • $12.95 / sq ft net
• 2nd floor & lower level space • High visibility on King Street West • Ideal for Office & Retail • 4,000 - 6,000 sq ft • $6.00 - $10.00 / sq ft net
MLS
MLS
• Professional signature office building, impressive atrium lobby • 3,269 sq ft - mixture of private office, boardroom, open office • Ideal for many office/tech/engineering/sales users • $13.95 / sq ft
• 2,500 sq ft fully finished office space • Corner of Northfield Dr & Weber St N • Good signage, access to amenities, and transit • $12.00 / sq ft net
MLS
645 LaUReLWOOD DR, WaTeRLOO
MLS
2514_DJW_0093
a1B-490 DUTTOn DR, WaTeRLOO
2114_DJW_0094
• Freestanding tech building • Good loading, onsite parking • Well maintained building • $10.50 / sq ft net
MLS
#1-65 UniVeRsiTY aVe e, WaTeRLOO
• 2,000 sq ft low cost office space • 5 private offices, kitchen & storage area • Landlord on site • $5.25 / sq ft net
2114_DJW_0097
2114_DJW_0096
#e-606 COLBY DR, WaTeRLOO
MLS
• Fully finished single storey office space • Suitable for tech/engineering company • Immediate occupancy • $7.95 / sq ft net
• 664 & 1,055 sq ft retail • Busy retail plaza at Weber St • Join Crabby Joes, Tim Hortons, Holy Guacamole • Starting at $30.00 / sq ft net MLS
MLS
258 King sT n, WaTeRLOO
• Second floor commercial/office space • Onsite parking & excellent visibility • Corner of University & King Streets • Starting at 2,000 sq ft • $18.00 / sq ft net
Christopher Coupal, Broker of Record, Principal christopher@coupalmarkou.com
Peter Kruschen, Sales Representative peter@coupalmarkou.com
John Markou, Sales Representative, Principal john@coupalmarkou.com
Matthew Dickson, Sales Representative matt@couplamarkou.com Michael Conrad, Sales Representative mike@coupalmarkou.com
James Craig, Sales Representative james@coupalmarkou.com
MLS
2114_DJW_0098
• Signature showcase “Tech” building • 19,380 sq ft - could be divided • Immediate occupancy • $10.50 / sq ft net
• 1,983 sq ft retail • Turnkey convenience store • Busy corner location • $18.00 / sq ft net
65 nORTHLanD RD, WaTeRLOO
2114_DJW_0093
#1-101 RanDaLL DR, WaTeRLOO
MLS
2114_DJW_0118
2114_DJW_0117
564 WeBeR sT n, WaTeRLOO
2514_DJW_0092
470 WeBeR sT n, WaTeRLOO
• 6,000 sq ft of 2nd floor office space • Corner location at King St W & Water St • $10.00 / sq ft net
MLS
connect
11287246_2514
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
17
Commercial Real Estate & Business Opportunities
519.742.7000 www.coupalmarkou.com
LEASING OPPORTUNITIES 379 QUEEN ST S, KITCHENER
2114_DJW_0080
2114_DJW_0081
#E-145 LEXINGTON CT, WATERLOO
2114_DJW_0079
89-103 MAIN ST, CAMBRIDGE
• Up to 32,218 sq ft available • Main floor ready to demise for office/retail uses • Potential for 2nd floor residential conversion • $8.95 / sq ft net $1,400,000 MLS
• Economical upper level office with direct access off King Street • Potential for up to 5,800 sq ft between multiple levels • Abundance of character with high ceilings & exposed brick MLS • $12.50 / sq ft Net
• Unit 12A -1,218 sq ft retail • Grocery anchored plaza • Ample parking • $23.00 / sq ft net
MLS
MLS
MLS
MLS
• Units 9 & 10 - 9,158 sq ft showcase industrial • Dock level loading, sprinkler • # 5R - 1,386 sq ft warehouse $895/month • $5.50 / sq ft net
MLS
2114_DJW_0090
1015 KING ST E, KITCHENER
2114_DJW_0089
2114_DJW_0088
1027 KING ST E, KITCHENER
• 7,200 sq ft office space • Located near King & Ottawa Streets • Across from future Light Rail Terminal MLS • $6.00 / sq ft net
MLS
• 1,419 sq ft freestanding building • Commercial or light industrial use • Great location at King & Ottawa Streets • $12.00 / sq ft net
Christopher Coupal, Broker of Record, Principal christopher@coupalmarkou.com
Peter Kruschen, Sales Representative peter@coupalmarkou.com
John Markou, Sales Representative, Principal john@coupalmarkou.com
Matthew Dickson, Sales Representative matt@couplamarkou.com Michael Conrad, Sales Representative mike@coupalmarkou.com
James Craig, Sales Representative james@coupalmarkou.com
MLS
2114_DJW_0087
• 3,808 & 7,081 sq ft office in north Waterloo • Designer finished, well appointed space • Private offices, boardroom, server room, etc • $11.95 / sq ft net
410 CONESTOGO RD, WATERLOO
• Unit # 203 - 2,000 sq ft first class office space • Fully built out engineering/tech space • Good signage, free onsite parking • $12.95 / sq ft net
• 1,062, 1515 and 3,074 sq ft office suites • On-site parking • Open to all office uses • $8.95 / sq ft net
107 MANITOU DR, KITCHENER
2514_DJW_0095
• 1,632 & 2,337 sq ft retail units available • Grocery anchored plaza • Ample parking • $23.00 / sq ft net
MLS
99 NORTHFIELD DR, WATERLOO
60 BATHURST DR, WATERLOO
2514_DJW_0085
200-210 KORTRIGHT RD W, GUELPH
• Units from about 2,000 sq ft • Walk to downtown & Victoria Park • Historic building with abundance of character • $12.96 / sq ft net
2114_DJW_0084
2114_DJW_0083
160-170 KORTRIGHT RD W, GUELPH
2514_DJW_0094
41 KING ST W, KITCHENER
• 1,000 sq ft second floor office space • 3 large offices & private washroom • Ample onsite parking • $7.95 / sq ft net
MLS
connect
11287249_2514
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
Kitchener/Waterloo Guelph & Cambridge
Volume 14 Issue 06
18
Commercial Real Estate & Business Opportunities
Volume 14 Issue 06
SOUTHWESTERN ONTARIO
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
SOUTHWESTERN ONTARIO SECTION COVERING: Brantford Chatham Grey & Bruce Counties
Ingersoll London Owen Sound Sarnia Simcoe
Stratford St. Thomas Tillsonburg Windsor Woodstock
For advertising
contact Doreen Wills Tel: 1-800-268-0077 or 905-570-9283
doreen.wills@wall2wallmedia.com thecommercialinvestor@wall2wallmedia.com
Volume 14 Issue 06
19
Commercial Real Estate & Business Opportunities
MARTY PEDERSEN,
B.Comm., Sales Representative Cell: 519-817-3307 – Office: 519-948-8171 Toll Fr.: 1-877-443-4153 – Email: martyp@buckinghamrealty.ca
Southwest Ontario
STORAGE FACILITY & CAR WASH COMPLEX - 2.6 MILION
136 unit storage complex (12 yrs new). 23 C-Box containers and outside storage on site, office and auto gate. Site is approx. 6.8 acres and also has a 24 hr car wash complex with 4 self serve wash bays, 4 vacuum stations, 1 drive thru auto wash tunnel, a drinking water dispensing unit, bill changer & vending machine (Approx 8 yrs new). Excess land beside for expansion. Storage at capacity, ready for some expansion. Business showing healthy return. For full details contact
2514_DJW_0104
2514_DJW_0103
11288142_2514
AMHERSTBURG ONT. BUSINESS FOR SALE
2514_DJW_0102
2514_DJW_0101
www.martypedersen.com
MARTY PEDERSEN, B.Comm,, Sales Representative Cell: 519-817-3307 - Office: 519-948-8171 Toll Fr.: 1-877-433-4153 Website: www.martypedersen.com Email: martyp@buckinghamrealty.ca
11287108_2514
Rob Kilmer Sales Representative 519-633-0600 *Description of awards available at www.royallepage.ca
robkilmer@sympatico.ca www.robkilmer.com
3 BUSINESSES FOR SALE
2114_DJW_0013
965B TALBOT STREET, ST. THOMAS
2114_DJW_0014
41 SPRINGBANK DR, WOODSTOCK
$175,000
$225,000
Established swimming pool business located in a high traffic strip plaza. Owner presently on a month-tomonth rent however a lease is available at this location. Inventory is extra. owner will release financials to the qualified Buyer’s accountant only. This is one of a total of three (3) businesses available for sale.
Established Swimming Pool business located in a high traffic area. Owner presently as a lease unitl March, 2016. Buyer can assume this lease upon approval by the landlord. Inventory is extra. Owner will release financials to the qualified Buyer’s accountant only. This is one of a total of three (3) businesses available for sale.
2114_DJW_0015
60 BEECH ST, E, AYLMER
$150,000 Established Swimming Pool business located in the Aylmer Industrial Park. The building is owned and available for purchase as listed below. Inventory is extra. Owner will release financials to the qualified Buyer’s accountant only. This is one of a total of three (3) business available for sale.
2114_DJW_0016
60 BEECH ST, E., AYLMER 2400 SQ FT BUILDING FOR SALE
$289,900 The building offers a large bright showroom, handicapped washroom with a mezzanine level above. The warehouse area offers a clear height of 16 feet serviced with a 14 foot overhead door plus an 8 foot access. There is a staff washroom plus a wash-up sink. Constructed with steel clad with a steel roof and is fully insulated. The whole building is heated with a gas fired in floor heating system.
THE OWNER IS WILING TO SELL ALL THREE BUSINESSES PLUS THE AYLMER LOCATION PROPERTY AS ONE COMPLETE PACKAGE.
Please say you saw it in The Commercial Investor
20 inthenews
Commercial Real Estate & Business Opportunities
Volume 14 Issue 06
Technology is a job creaTor, noT desTroyer: ey survey 51 per cent of entrepreneurs say investments in technology have changed their workforce technology have changed their workforce companies. Our survey finds technology is helping these companies increase their cost competitiveness and efficiency, which in turn allows them to invest in their businesses and expand their workforces.” EY’s Global job creation survey also finds entrepreneurs are increasingly global in their outlook and are exploiting the opportunities that technology brings them to tap the global talent pool and address skills shortages in their home market. “Technology and mobile working is opening up a greater and more skilled pool of workers for entrepreneurial companies,”says McMorrow.“Companies are no longer constrained by having to hire from the obvious pools of talent, as technology enables employees to do their jobs from anywhere, inside or outside the physical walls of the organization.” The survey finds companies in the technology sector are leading the way when it comes to employment growth – they created jobs in 2013 at a higher median pace, compared to job growth among all entries in all sectors. “In Canada, tech companies achieved a 36 per cent job growth rate, while sectors overall clocked in at 25 per cent,” says McMorrow. Other highlights from the survey include:
A
ccording to a new EY survey, technology is a key driver of job creation among entrepreneurs. In fact, over half (51 per cent) of the world’s top entrepreneurs agree that investments made in technology have changed their workforce – 81 per cent of those saying it’s led them to hire.
“Entrepreneurs here and around the world are creating jobs and driving economic growth,” says Colleen McMorrow, EY Partner and Canadian Strategic Growth Markets Leader. “There’s a misconception that technology will reduce jobs, but that’s simply not what we’re seeing with entrepreneurial
76 per cent of entrepreneurs surveyed plan to increase the size of their workforce in the year ahead – by an average of 19 per cent 85 per cent of entrepreneurs surveyed who invested in technology say it drives their plans for future growth 64 per cent of women entrepreneurs surveyed cite the more mobile workforce as an asset enabled by technology (versus 41 per cent of men) “Entrepreneurs are innovators, and they’re not afraid to take risks,” says McMorrow. “Through varied business conditions, entrepreneurs keep going forward and growing. And now more than ever, technology is enabling them to drive that growth.” About EY Global Job Creation Survey The EY Global job creation survey is the third annual survey into the views of previous finalists of the EY World Entrepreneur of the Year program that started in 2000. 243 entrepreneurs were surveyed in April 2014. About EY EY is a global leader in assurance, tax, transaction and advisory services. The insights and quality services they deliver help build trust and confidence in the capital markets and in economies the world over. EY is proudly celebrating 150 years in Canada. For more information, please visit ey.com/ca. Follow on Twitter @EYCanada. EY refers to the global organization and may refer to one or more of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. For more information about the organization, please visit ey.com.
Please say you saw it in The Commercial Investor
Volume 14 Issue 06
21
Commercial Real Estate & Business Opportunities 8847751_2514
PINHEIRO REALTY & INS. LTD 696 Hamilton Rd., LONDON, Ontario
519-451-2696 Joe Pinheiro
Broker of Record
Southwest Ontario
10630674_2514
EXCELLENT BUSINESS OPPORTUNITY TURN KEY FISH MARKET $399,900 Very well established; fish & grocery, includes land, buildings, equipment + 2 bedroom home currently rented and a solid clientele. Joe for details! 2514_DJW_0045
IDEAL INVESTMENT PROPERTY! $159,900 This 4 unit building has 3 apartments + main floor retail space. Ideal for your own business with added income from 3 tenants. Great location in Downtown Aylmer. Call Joe for details.
2514_DJW_0046
COMMERCIAL OFFICES/ WORKSHOP FOR SALE $379,900 INCOME FOR OFFICE SPACE $16,200 Property includes 1,200 s/f of office sp. Currently leased. C/ air, 1,000 s/f shop + attached garage. Ideal for handyman, construction type business close to downtown. Call Joe!
2514_DJW_0047
11244534_2514
Sutton Group Right Way Real Estate (2007) Inc. Brokerage
Office: 519-539-6194 Direct: 519-495-4140 kmuhtar@sutton.com
8143527_2514
Buy With Confidence. Sell With Experience. Brokerage
Goderich on the Shores of Lake Huron
519-524-4473
TOLL FREE 1-888-524-4473 talbotrealty.com 62 A Elgin Ave. East, Goderich, ON N7A 1K2
Kimberly Muhtar
Sales Representative
$699,000
PRIME HIGHWAY GODERICH LOCATION!
2514_DJW_0079
2514_DJW_0078
RESIDENTIAL • COTTAGE • FARMS • COMMERCIAL • BUSINESS
Ideally suited for restaurant. 1.32 acres, 2,074 sq. ft. building. Parking for 41. Exceptional exposure! Hwy #21 (Bayfield Road) MLS #666372. 1714_DJW_2_0039
$399,900
• Planning to add another solid property to your investment portfolio or brand new to investing and looking for the right first property? • Don’t pass by this duplex located in the desirable north central location of Woodstock, just walking distance to downtown.
INVESTMENT + RESIDENCE!
2514_DJW_0044
$325,000
• Spacious main floor 1 bedroom apartment with access to basement and laundry. • Upper unit has 3 bedrooms and large loft space. Nice back yard space and a car and a half detached garage. • Great tenants who desire to stay. Separately metered for hydro. Total income is $18,000 and Total Expenses are $4,674.
Please say you saw it in The Commercial Investor
Classic yellow brick. C5 zoning. High traffic location just off Goderich’s Square. 3 bdrms. Renovated executive apartment. Plenty of parking. Impressive! #87. MLS #249576. MLS #369003.
DEVELOPMENT POSSIBILITY! 12.6 acres located 2 mins from Goderich. Currently zoned C3. Endless possibilities. Convenient location. MLS #164034. 2514_DJW_1_0040
22
Volume 14 Issue 06
Commercial Real Estate & Business Opportunities
Alex Faux
SaleS repreSentative
519.756.3900
Professional Group Inc. Real Estate Brokerage Commercial Investment Network Independently Owned & Operated
Southwest Ontario
11287235_2514
MULTI PURPOSE INDUSTRIAL COMPLEX
Established Paris industrial park 160,000+SF, 2 unit building 7+ acres w/outdoor fenced storage. www.21scottave.com Information package including floor plan available Contact Alex for investments to fit your budget. www.72pearlst .com – www.1374regionalrd19.com NEW! Search unlisted properties on ICI World at alexfaux.com Want to Sell? Free consultation/market assessment Email: alex.faux@century21.ca Website: www.alexfaux.com 2114_DJW_1_0112 2114_DJW_1_0113
Renate SiebeR-Schlegel land exchange ltd. brokerage
Wingham
broker of Record
519-357-3332
cell:
519-531-1177
Independently Owned and Operated
262 Josephine St., Wingham
11264376_2514
www.remaxlandexchange.ca $209,900
$1,900,000
Prime 48 acre development site. Commercial/Residential on Hwy 21 in Goderich across from Suncoast Mall and Industrial Park. Environmental Study available. Call for more information. 2514_DJW_0151
$525,000
PRIME COMMERCIAL/ DEVELOPMENT in the centre of Wingham; highway commercial zoning; Environmental Study Available MLS# 262000 Call Listing Agent for full information package.
2514_DJW_2_0137
Busy well established turn key operation on a busy truck route, including restaurant, convenience store and gas station. Building is recently renovated (2012-2013) and sits on a large 3+ acre lot. Restaurant seats 59. Environmental study available. Close to 4 campgrounds. 2514_DJW_2_0077
$385,000
EXCLUSIVE PRIME COMMERCIAL/ DEVELOPMENT property in the centre of Wingham/North Huron; Highway Commercial zoning; Environmental Study Available Call Listing Agent for full information package. 2514_DJW_3_0136
Please say you saw it in The Commercial Investor
DEVELOPMENT SITE 410 Shuter Street, Wingha ZONED and Ready to Go for up to 23 dwelling Units Prime Residential 1.6 Acre Development Close to Hospital and Schools
$325,000
Volume 14 Issue 06
23
Commercial Real Estate & Business Opportunities
George Gicopoulos
Sales Representative
Office: 519.672.9881 Direct: 519.672.9891 ext 241 ggicopoulos@royallepage.ca www.georgegicopoulos.com www.royallepagecommercial.com
*Independently Owned and Operated
Southwestern Ontario Businesses/Properties DOWNTOWN WOODSTOCK BUILDING - $389,900
2514_DJW_2_0032
Magnificent building, circa 1889 with it's impressive architecture and Clock Tower towering over the middle of Town. This historic building houses the impressive, upscale 'Clock Tower Inn' with 8 recently and completely renovated suites, plus the successful 'Strathroy Ale House' Pub/Restaurant with an excellent patio. Sale of 'business only' will also be considered with option on the property. Call George for details.
HIGHBURY AVE NORTH LONDON 2.62 ACRES I.7 MILLION
LONDON FAMILY RESTAURANT $359,000
Great northeast London location ready for development in a fast developing part of the city. Commercial zoning with 285 ft. frontage on Highbury, surrounded by new proposed and existing residential and commercial developments. Call for details.
Here is your opportunity to own one of the most successful longest running family style restaurant in the city and probably the most well know with a great reputation, great sales and profit. A true London landmark in the hospitality industry. Call George today.
2514_DJW_1_0152
2514_DJW_2_0092
2514_DJW_0132
Restaurants, Pubs & More
1. Family style restaurant near London $285,000. 2. Breakfast & lunch. 70 seats, freestanding. Hwy location $59,000. 3. Hwy Location Family Restaurant $325,000. 4. Franchise Restaurant Opportunities, $99.000 to $3 Million. Many to choose from Big & Small, with or without property. Call George today. He probably has what you are looking for or he knows where to find it for you.
Harold Fenlon
email: h f e n l o n @ b m t s . c o m
One of McIntee’s Top 3 Salespersons
www.haroldfenlon.ca
Broker
MULTIPLE LISTING SERVICE
$1
,4
00
,0
00
8297239_2514
Long Established well known. Licensed for 479 inside and out. Offering live bands on weekends plus karaoke and some food business with regular daily clientele. Cover charge at the door for special Entertainment events good sales. Paved parking on site.
519.797.5500 Cell. 519.374.4448
Bus.
Southampton
LONDON BAR/ RESTAURANT/ NIGHT CLUB
STRATHROY $895,000
Well maintained, recently renovated property in vibrant downtown Woodstock. Upper level 2800 sq ft for lease and may be divided. Main floor and lower level tenant since 2005. Ideal scenario for owner/user of the upper levels with a great Tenant on the main floor and basement. Roof replaced about 5 years ago. Call George 2514_DJW_1_0092 for details.
8155109_2514
myhomes.360photo.ca/7538
9 HOLE GOLF COURSE Par 36, nine hole golf course. 10 acre driving range, fully licensed club house, and 3 bedroom 4 years old house. Strategically located to enjoy the view of golf course and pond. 3 additional buildings used to store golf equipment, carts & repair shop. There are 2 wells on the property. 2514_DJW_0035 2514_DJW_0036 2514_DJW_0037 2514_DJW_0038
Please say you saw it in The Commercial Investor
Southwest Ontario
Royal LePage Triland Realty, Brokerage*
24
Volume 14 Issue 06
10863226_2514
Commercial Real Estate & Business Opportunities
David Hilderley Sales Representative 519.537.1469 www.DavidHilderley.com david.hilderley@centrury21.ca
Century 21 Heritage House Ltd., Brokerage Independently Owned and Operated
Southwest Ontario
Business is at a Crossroads... It’s called Woodstock, Ontario
Office: 519.539.5646 GREAT CASH FLOW!
SHOWCASE YOUR BUSINESS HERE! Approx. 2300 sq. ft. in this well-maintained, one-floor building. Super corner location just off Dundas St. Interior houses showrooms, offices & warehouse with overhead door. C3 zoning offers many possible uses. Also available for lease. Call Dave for details.
Income! Income! Income! Attention investors! Here is an opportunity to own this multi-family property with excellent cash flow. The single family house has spacious main floor & 2nd floor bedrooms. Main floor features LR, DR, kitchen & office/library, hardwoods & natural wood trim. Basement is currently rented as a 2 bedroom unit. The side by side duplex features 2 three bedroom units that have been recently renovated & decorated.. Both buildings have new shingles. Main house has a brand new high-end boiler system. Bonus - 2 car garage with loft might also gain rental income. 2514_DJW_0103
SUPER LOCATION
2514_DJW_3_0028
BUILD YOUR BUSINESS HERE
Looking for professional office space in Woodstock? These units feature 1100 + 850 sq. ft. of finished offices with ample storage, washrooms, and a lunch room. Elevator, handicapped washrooms, generous foyer, large windows for natural light and ample phone/electrical outlets. Landlord is willing to discuss and implement a different configuration or leasehold improvements. Call Dave. 2514_DJW_3_0090
$79,900. Approximately 1 acre of flat, vacant land located on a major road on the west end of Woodstock. Zoned Highway Commercial C4, there are dozens of opportunities to build your business right here! Call Dave.
2514_DJW_3_0091
ROY A. BOYES REAL ESTATE 519.397.0928 boyesre@gmail.com Retirement Home
20 rooms, Full Gross 400K, Ask $750,000
Retirement Home
34 Rooms, Full Gross 800K Ask $1,800,000.
Apartment Building
20 Units, On Grade, Elevator, Ask $929,000.
Apartment Building
43 Units, 300K Gross, Ask $1,7000,000.
Gas Station
Petro, 3 m Litres, 700K store, Ask $1,700,000
Gas Station
Shell, 6m litres, Net 300K, Ask $2,800,000.
Campgrounds Gas Station Plaza Self Storage Gas Station Land
11253208_2514
Windsor, 120 Sites, On Lake, Ask $1,100,000. Esso, Net 160 K 2.2 m Liters, Ask $1,100,000. Blenheim, with Variety store Ask $800,000. Timmins, 235K Gross, Net 145K Ask $1,100,000. 1 ½ acres, Corner, Ask $269,000.
Golf Course
GTA East, 18, Gross 600K Ask $1,500,000.
Golf course
SW Ontario, 18 Gross 450K Ask $1,100,000.
Golf Course
SW Ontario, 18, Range, Gross 800K Ask $1, 800,000.
Please say you saw it in The Commercial Investor
Volume 14 Issue 06
Commercial Real Estate & Business Opportunities
25
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
SECTION
COVERING: Ancaster Caledonia Cayuga Dundas
Dunnville Grimsby Hamilton Haldimand Stoney Creek
For advertising
contact Doreen Wills Tel: 1-800-268-0077 or 905-570-9283
doreen.wills@wall2wallmedia.com thecommercialinvestor@wall2wallmedia.com
HAMILTON
HAMILTON
26
Commercial Real Estate & Business Opportunities
Volume 14 Issue 06
10 Tips in successful Real esTaTe invesTing Dino Nicosia, Broker of Record Investpro Realty and Appraisal Ltd.
8171452_2514
Hamilton
I
nvesting in real estate and being a landlord should be treated like any other business. The goal is to end up with a profit at the end of the day. After collecting rent and paying all the expenses, you must have money left over to be profitable. As a bonus, slowly and steadily your mortgage will be paid down and you’ll end up with a tidy nest egg. Remember that like any other business it takes effort, time and skill to be successful. Following these tips and it will be financially rewarding for you. 1. RESEARCH: Take the necessary time to inform yourself about property values in the locations you’re considering purchasing. Think about obtaining a market analysis from a real estate agent or appraiser for a property in which you are interested. Research if the location is in decline or moving upwards? A good indication is if large chains like Wal-Mart, Tim Hortons, Home Depot or Starbucks are moving into the neighbourhood. Such companies do a lot of market research on demographics and income before deciding where to locate. If a large chain finds a neighbourhood appealing, it’s a good indication the neighbourhood is moving upwards. You may find that you have to view many properties and submit many offers before you find the investment property that is the right fit for you 2. SURROUND YOURSELF WITH EXPERIENCE: Retain a real estate agent who has firsthand experience; who is also a local investor; and who has owned and managed investment properties. Many agents purport to be experts in investment properties, but have never owned or managed one. Retaining a real estate agent with experience is invaluable. Additionally, utilize the services of other experienced professionals, such as property managers, insurance advisers, mortgage brokers, home inspectors, accountants and lawyers. A knowledgeable professional team working with you will make the process smoother and save you time and money in the long run.
3. EFFECTIVE PROPERTY MANAGEMENT: A critical member of your professional team is an experienced and reliable property manager. If you are not experienced in dealing with tenant concerns, evictions, and other property issues, you will want a property manager. Depending mainly on the number of units being managed, (although there are many other factors), the management fee will range from between 3 and 10 percent of the monthly or yearly rental income. Good property management will pay for itself in the long run. When looking for a property management company, be sure you do your research and ask for references. 4. BE AWARE OF ILLEGAL UNITS: Before you make the purchase, research the zoning of the subject property. There is a good possibility that you may come across illegal units, mostly in duplexes and triplexes (usually a basement apartment). You could also find them in larger apartment buildings and students housing units. These apartments are illegal in that they contravene the zoning by-law. Although these units provide
Please say you saw it in The Commercial Investor
Investpro Realty
9558936_2514
And Appraisal Ltd. Brokerage
The Apartment Building Specialists “Your Investment Partner for Life”
Kandy Thompson,
Sales Representative
Direct: 289-244-5627 Email: kandy@investprorealty.com
Direct: 905-870-5852 Email: dino@investprorealty.com
8 CONDO TOWNHOUSE COMPLEX, EAST HAMILTON
Great location near mountain brow. Solid, well-maintained bldg. Visit our website for details. ESTATE SALE
2514_DJW_0112
6 UNITS, WEST HAMILTON 2514_DJW_2_0108
W NE ICE PR
Well maintained, only minutes to Mac. For details visit our website.
46 UNITS, DUNVILLE
24 UNITS, LONDON
19 UNITS, HAMILTON
2514_DJW_1_0054
12 UNITS, HAMILTON
Great condition and location. Renovated, spotless building. Never any vacancy. Safe investment. Visit our website for details.
H RT IVE WOE DR TH
2514_DJW_3_0057
2514_DJW_1_0059
East Hamilton near Ottawa St. shopping district. Visit our website for details.
LD
SO
Tenants pay for own utilities. Good condition. Many recent upgrades. For details visit our website.
T LID EN SO STM E INV
30 minutes from Hamilton. Only 8 years old. For more details visit our website.
Rents below market. Shows well. Great upside. Visit our website for more information.
6 UNITS, EAST HAMILTON
3 UNITS, HAMILTON
ME N CO IG IN F S A O TR RO EX OM R F
2514_DJW_3_0084
Single family home near bay front, presently rented. Visit our website for details.
OD LOW GO H F S CA
Good condition and location. Rents below market for the area. For more details visit our web site.
8 UNITS, SOUTH CENTRAL HAMILTON 2514_DJW_0111
LD
SO
LD SO LLY BE UA N ID CA DIV IN
2114_DJW_1_0110
2514_DJW_0109
9 UNITS, EAST HAMILTON MOUNTAIN
2514_DJW_2_0071
Broker of Record
www.investprorealty.com
Most apartments are renovated. Spacious units. 8% Cap Rate.
LD
SO
Solid investment “As is condition”. Visit our website for details.
“Ready to invest?...you deserve the best” Please say you saw it in The Commercial Investor
2514_DJW_0110
Dino Nicosia,
D TE VA ION O S N N RE MA
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Commercial Real Estate & Business Opportunities
additional income, be aware that they may not be fire code compliant, and that you may be forced to convert them back to the legal use of lesser units. Be aware that your lender will probably not include the income from those units in determining the principal amount you will qualify for under your mortgage.
Hamilton
5. BUY WITH THE GOAL TO HOLD LONG TERM: If you’re looking for a quick flip and a quick profit, you might as well put your money on the roulette wheel. Historically, real estate has always increased over the long term. The probability of you making money is greater in the long term then the chance of you making short term gains. Plan to hold the investment for the long haul, and wait for the changes in the market conditions that could make it prime time for selling. Remember that by keeping your investment for an extended period, you will trigger capital gains on the sale as opposed to a business gain. 6. PARTNERSHIP AGREEMENT: If you’re investing with other persons, it’s recommended that you have an agreement in place, (i.e. partnership agreement, joint venture agreement, shareholders’ agreement) to address various matters. Those agreements should address issues such as; 1) failure for a partner to put in their share of cash calls when called upon, 2) selling their interest of the property, 3) sudden death or illness of a partner and a myriad of other situations. With an agreement in place, you have a mechanism already in place to deal with the many issues that may arise, rather than having to deal with them later when it could create problems and or opposition. It’s better to pay for a partnership agreement before the purchase, then possibly pay much more later on.
Volume 14 Issue 06
in on the deal as there are many other, probably better, deals outs there. 8. PROPERTY INSPECTION: A thorough property inspection by a qualified inspector is a necessity. Avoid using a contractor friend or a handymen’s opinion. Use a certified home inspector, who will provide a complete report with pictures and recommendations. Avoiding this step could lead to major unexpected costs or overpaying for the property. 9. EDUCATE YOURSELF: It is extremely important to educate and familiarize yourself with investment strategies, the terminology, and the current tax laws. You should also be familiar with all the regulations that govern investment properties such as fire, health and safety, landlord and tenant laws. Take your time and only proceed when you are ready. Know the business before you make the plunge. 10. DON’T OVERPAY FOR A PROPERTY: As a wise investor, you should always remember that when investing in real estate you make money when you buy the property by buying it right. Determine in advance how much you are safely prepared to invest without overextending yourself, and be cautious not to overpay for a property. Also make sure you have enough funds reserved for the unexpected capital expense. Follow these tips and you will be assured to make money, and become a successful real estate investor.
7. BE CAUTIOUS WITH HIGH LEVERAGE: While there are some investments that require minimal dollar investment, most real estate transactions require a significant down payment and financing that is personally guaranteed. Don’t fall prey to the “no money down” schemes. The people making the most money on the “no money down schemes” are the ones putting on the seminars. Chances are you will be paying a premium for the property because there is no money down; the property is a money drain and that’s why the seller is willing to sell with no money down so the losses can be passed onto you. Get a second opinion from a professional. Never be hurried by a real estate agent or a seller to act quickly to get Please say you saw it in The Commercial Investor
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Commercial Real Estate & Business Opportunities
8171399_2514
Re/Max escarpment Realty Inc Brokerage
Valuable 10.06 ac 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 4000 sf htd warehouse. BLDNG #2-9400sf-7 bays, ULoffices-rented to quality tenant. BLDNG#3-1800 sf + 1300sf lean- to. Huge pvd lot. Enviro reports avail. Zoned MG. Showings by apptmt only. 2514_DJW_0071
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120 MOHaWK POInt Lane, DUnnvILLe $1,390,000 Rare 56.7ac L.Erie pnt w/14cottage rntl business,10 yr bung, sev brns/outbldings, 45ac. wrkble (rented). Maj. of cottages positioned at sea lvl w/access to owned beach+rented to est. clientele @ per yr basis. Clean home is perched on bluff offers panoramic lake views- ftrs 3bdrms,1.5 baths, OC livrm/dinrm/kitch w/WO to lake fcng dck-inc full bsmt.
2514_DJW_1_0074
Pa $3 rce 99 l ,0 #1 00
Rare .79 ac plan of subdivision approved parcel of developed land. All services at or near lot line. Allows for const of 24 unit condo res complex comprosed of 6-1000 sqft units/ flr. Outside pkg for 38 vehicles. Buyer resp for all charges/ permits/due diligence pertaining to future use. Survey avail. 2514_DJW_1_0082
2514_DJW_3_0044
Prime Retail/Comm. property in the centre of dwntwn P. Dover. Sit. on 66’x325’ lot-inc ext. renoed brick/stone building, 2 garages (62’x28’) (22’x31’) w/5 bays, fts 4800 sf retail storefrnt, updtd roof covering, HVAC, electrical, plumbing, display windows-UL 2 bdrm aptmt-$1200/ mnth+utes. Superbly priced!
113 MaIn StReet, JaRvIS $289,000
Plan of subdivision approved .84ac parcel of comm zoned land allows for the const of approx 8500 sqft comm strip mall. Perfect for 4x2100 sqft sep units. Inclds 30 outdr pkg spaces. Buyer/ buyer solic to verify and/ or respons for future dev charges/levels/bldg permits & due diligences for intended use. Survey available.
#2 el 00 rc ,0 Pa 299 $
COMMeRCIaL/InveStMent POtentIaL In JaRvIS
334-338 MaIn StReet, PORt DOveR $499,000
Calling all developers/contractors/investorslrg 5.2 ac parcel of comm. zoned land loc. at N. end of Jarvis. Irreg. shaped lot w/ ex. visual exposure+mat.tree lined side/rear boundries. Flat accessible site w/mun. water, mun. sewers, n/g, hydro, telephone+cable at or near lot line. Poss. to rezone for residential exists. Buyer to verify permits.
2514_DJW_0073
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14 ROBInSOn St, SIMCOe $169,500 Great mixed use property offers a hi-exposure street lvl comm unit with long term tenant in place & 2 res units on the upr lvl. 1 bdrm currently rented out & freshly reno’d 2 bdrm that is available for rent. Parking in the rear produces income.
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95 QUeenStOn ROaD, HaMILtOn $119,900 Turn key pre-owned auto sales biz. 13 yrs at current location (18 yrs total) lease incs 50’ x 100’ paved lot, 10’ x 20’ htd office trailer - long term lease available. Price incs approx. $90K of pre-owned cars (sold certified @ wholesale price), phone #, clientele lists, ext. signage. No P & L/No VTB. Lrg inventory = instant cash flow.
Please say you saw it in The Commercial Investor
Hamilton
4011 HIGHWaY 6, HaGeRSvILLe $1,975,000
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Volume 14 Issue 06
Commercial Real Estate & Business Opportunities
Terry Tandarich Sales Representative
Escarpment Realty Inc., Brokerage
Independently owned and operated
E-mail: Contact:
tandarich@gmail.com
905.639.7676
“Call Terry and get Real Results”
11288365_2514
BED AND BREAKFAST IN WINE COUNTRY
2514_DJW_0153
BOUTIQUE RETAIL BUILDING FOR SALE
Cosmo Costa
9742018_2514
2514_DJW_0154
• Located in Port Credit’s business district • Close to marina and waterfront • Many different uses permitted • Fully renovated stand alone building • Asking $875,000
SALES REPRESENTATIVE
Corner property consisting of commercial unit w/4-2 bedroom units, 5 hydro meters. Gross Income of $81,900. N.O.I. $65,522. Contact Exclusive Sales Rep, Cosmo Costa 905662-6666.
PRINCIPALS ONLY PLEASE
www.cosmocosta.ca
2514_DJW_4_0019
Centrally located large four family home with separate hydro meters, large 2 car garage at rear of property. Nice rear yard. All separate entrances. Zoned legal non confirming 4 units. For more detail contact Exclusive Sales Representative Cosmo Costa.
Centrally lctd all brick contr legal non-conforming triplex consisting of 2-3 bdrm units. Updtd plumbg & elec panle, 100 amps. Rear steel fire escape. Many other updts have been done. TOTAL INCOME = $29,100.00 NET INCOME + $23,040.00
2514_DJW_2_0085
2514_DJW_0140
EXCLUSIVE 4-PLEX
Centrally located 15 unit apartment bldg. All brick construction. Newer roof, windows. Tenants pay hydro. Gross income $135,598. N.O.I. $91,621.
2514_DJW_0155
Your Investment Property Specialist
STATE REALTY BROKERAGE
2514_DJW_3_0003
Hamilton
• Rare opportunity to own a quaint B&B • Located in the picturesque town of Jordan • Currently set up as Tea Room and B&B • Renovated to a top quality with historic feel • Asking $799,900
13 UNIT BLDG, All Brick Constr. Newer Windos, Roof. Tenants pay hydro. Gross income of
$123,000. N.O.I. $80,232.
CENTRALLY LOCATED 10 UNIT All Brick Constr.
BLDG consisting of 6-1BR, 3-2BR & 1 Bachelor. Some parking, separate meters. Gross income $68,280. N.O.I. $51,889.35
CALL 905-662-6666
Please say you saw it in The Commercial Investor
Volume 14 Issue 06
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Commercial Real Estate & Business Opportunities
Visit my website
Augie
276 Main St. W. Hamilton, Ontario (just West of Queen St.) L8P 1J8
Ammendolia BROKER
905-518-6713 Off: 905-522-6001
WEST HAMILTON NEAR MCMASTER UNIVERSITY - 9 BR STUDENT RENTAL BLDG
D
SOL
$487,900 Great student rental bldg, purposely built in 1993, 9 bdrm set up with large common area kitchen & LR. Laundry in basement, 3 levels of fine finished space. Walking distance to McMaster University & hospital. Same owner since 1993.
2514_DJW_2_0020
HAMILTON CENTRE - RETAIL SPACE FOR LEASE $850/MONTH
2 Commercial units for lease @ $850/month/unit. Across from McDonald’s & near Ivor Wynne Stadium. Large open space store with full basement & rear parking. High visibility corner property.
$489,900
Impressive mixed use H commercial property on major artery previously used as Real Estate offices. Presently used as 2 Family dwelling,e xcellent condition and improvements. High visibility and traffic count. Approx 2900 total SF of finished space. Huge double car garage easily converted to further office/professional use. 2514_DJW_1_0067
OLD
S
HAMILTON CENTRE - 8 UNITS APT. BLDG
Charming 8 unit building. Newer roof, gas water heat boiler, garage, 8-2 br. units, 6 of the 8 units have hardwood floors, dining rooms and balconies separate hydro meters. Tenants pay own hydro. Two apt. units at basement have been completely renovated. Balconies comeplety fixed & restored last fall. Three units have been updated with new kitchen cabinets and 2114_DJW_2_0044 bathroom fixtures.
$597,900
Great Redevelopment Opportunity on this corner commercial property in Prime West Hamilton location near McMaster Hospital and University. Presenty a 48 seat Restaurant/Bar coffee establishment with outside patio. Owner retiring price includes Land. Building and Chattels. Asking price includes Real Estate and business. Pls. contact Listing Broker Zoning, Survey 4913_DJW_0049 and floor plan information.
HAMILTON CENTRE - BANQUET HALL/RESTAURANT/BAR
2114_DJW_1_0043
HAMILTON CENTRE COMMERCIAL/RESIDENTIAL
RESTAURANT/BAR/ DEVELOPMENT OPPORTUNITY WEST HAMILTON
$575,000
Located near the new Centre Mall redeveloped Power Centre & walking distance to the vibrant Ottawa St. BTA. Established bar/banquet facility approx 20,000 SF Licenced bar - 393 persons, banquet hall - 400 people w/additional 60 persons on mezzanine. 50 parking slots at rear. 2 commercial units leased at $900 and $450 monthly. Price includes 2114_DJW_1_0068 business and real estate.
HAMILTON CENTRE - COMMERCIAL/ RESIDENTIAL BLDG.
$1,295,000
HAMILTON CENTRE 11 UNIT APT. BLDG.
ING M O C OON S
$1,295,000
HAMILTON CENTRE - 3 STORES/3 APTS
$449,900 Excellent corner building. Lots of improvements 3-2 br apts. Completely renovated. All untis have independent heating and hydro. Across from McDonalds and near Ivor Wynne Stadium.
D
SOL
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SOUTH CENTRAL - 8 1 BR UNITS
DINEG N E P SAL
$665,000 Open concept kitchen/LR, balconies, hardwood floors. Units totally constructed new in 2002 - 2003. Separate heat, hydro & water tanks per unit. Efficient aqua furnaces combining hot water & heating system. Roof replaced in Oct 2010 as per Seller’s records. Tenants pay all utilities.
2514_DJW_2_0076
HAMILTON CENTRE 8 UNITS
Prime corner development site with building suitable for redevelopment to retail plaza & or high rise development. Can be purchased with adjacent property 756 King St. E. Pls. contact Augie for additional information on the proposed development.
ING COMOON S
11 unit apt. building (6-2 BR, 5-1 BR) in trendy South Central location, walking distance to downtown, shopping, parks. Many upgrades e.e., kitchens and baths, 2 new boilers in 02, newer commercial water heater, thermo windows, newer roof steel overhang, separate hydro meters. Tenants pay hydro.
2514_DJW_1_0042
Great location. 12,000 SF - 6 commercial units at Ground Flr plus roof sign & 8 apt units above with separate heat & hydro constructed approx. 20 yrs. ago. Ground flr. Commercial includes fully equipped restaurant to be leased & laundromat operated by owner. Part of possible land assembly 752 King Street East and 734 King Street East presently for sale. Close to downtown. LOT 2114_DJW_2_0084 SIZE: 107.3 FT X 158 FT.
HAMILTON DOWNTOWN DEVELOPMENT SITE
$895,000
2114_DJW_1_0083
Please say you saw it in The Commercial Investor
$675,000 Terrazzo corridos, concrete construction. Newer windows, parking, 6-2 BR & 2-1 BR. units. Good Southeast neighbourhood.
D
SOL
2114_DJW_1_7000
8471320_2514
HAMILTON INCOME PROPERTIES
Hamilton
Cell:
32
Volume 14 Issue 06
Commercial Real Estate & Business Opportunities
PROTECTING INVESTORS SINCE 1988
11273535_2514
Hamilton
MAKE AL YOUR FIRST CHOICE!
SEARCH FOR AL ON
FOLLOW US ON FIND US ON
FOR SELLERS & BUYERS SEARCH ONLINE @ REALTOR.CA OR GET THE APP! (FOR SMARTPHONES)
DIRECT LINE VISIT
www.alcosentino.com
ESCARPMENT REALTY INC. BROKERAGE INDEPENDANTLY OWNED & OPERATED
“CONTRACTORS/SERVICE SPECIAL”
905-570-9997
1-855-570-9997
STONEY CREEK
EAST MOUNTAIN
Amazing approx 3000 sq ft of useable space was used as professional office & living residence. Huge 2 car garage w/steel beams. Ask for Al’s on-line marketing today!
TOLL FREE
al@alcosentino.com CENTRAL HAMILTON
Approx 2200 sq ft w/ restore area, paint spray booth area (hard to get licence) body repair area. Front compound/ office. Rear garage door access & more. “Make Al your #1 choice!”
$
“DEVELOPMENT SITE”
OR MAKE AN OFFER
Prime Industrial/Commercial corner site. High traffic exposure 1.8 acres. Near Hwy & Lake Ontario. Zoned (M3). Ask for Al’s on-line marketing today!
499,997
CENTRAL EAST HAMILTON
2514_DJW_1_6042
EAST MOUNTAIN
“AMAZING 4 UNITS”
297,997
$
OR BEST Rare find, 4 separate entrances, balconies. Large side drive, 4 OFFER hydro meters, 4 gas furnaces, 4 water tanks. Shows well & well cared for! Make Al your #1 choice! 2514_DJW_0096
799,997
$
2514_DJW_1_0136
“AMAZING BODY BUSINESS”
CENTRAL EAST HAMILTON “AMAZING RETURN 11.6%”
“AMAZING CORNER FOR PROJECT”
499,997
$
Corner exposure high traffic OR TRADE/ used as car lot or for many other CASH uses. Zoned “H” Commercial 145 x 100 development project. Ask for Al’s online marketing today. 2514_DJW_2_0066
379,997
$
Fully rented gross income OR MAKE AN $4760/mth return 11.6%. Seller OFFER pays utilities. Fuly furnished. 9 bachelor units, 9 full 4 pc bath. Seller retiring. Make Al your first & only choice! 2514_DJW_0097
$ 479,997 OR SELLER WILL HOLD 1ST MTG 2514_DJW_2_0009
EAST HAMILTON (ROSEDALE) “AMAZING 3 UNITS”
379,997
$
Unique 3 unit set up. All 2 lvl OR MAKE AN units, with 3 bdrms. 3 furnaces, OFFER 3 hydro meters, 3 water tanks, 3 c/air. Tenants pay heat & hydro. Make Al your #1 choice! 2514_DJW_0098
“CALL AL TODAY, PUT YOUR COMMERCIAL INVESTMENT PROPERTY ON THE MARKET! Please say you saw it in The Commercial Investor
33
Commercial Real Estate & Business Opportunities
Hamilton
Volume 14 Issue 06
11236833_2514
Please say you saw it in The Commercial Investor
34
Commercial Real Estate & Business Opportunities
Volume 14 Issue 06
brokerage
8310857_2514
HEART OF JAMES STREET NORTH ARTS!
VIBRANT LOCKE STREET VILLAGE!
Hamilton
$5,500/MONTH
$2,000/MONTH Approx 2400 sq ft of open space on second level. Soaring tin ceilings, hardwood floors, large windows, and 2 baths. Ideal space for dance/fitness/yoga studio or art exhibit studio. 2514_DJW_0134 Use your imagination! Steps to GO station, cafes & entertainment.
Spacious main level commercial Office and/or Retail space w/ approx. 2300 sq ft. Includes: reception, meeting room, 6 office areas, washroom and kitchen. Glass walled board room. Parking for 2 cars. Right in the heart of Locke St. PRIME PUBLIC EXPOSURE! 2514_DJW_0135
Please call Colette Cooper, Broker at 905-522-3300 or email cooper@judymarsales.com www.colettecooper.com
businesssavvy
A CGA CAN HELP YOUR SMALL BUSINESS 1. Sound Advice: A certified general accountant (CGA) sees the big picture provides sound advice your business needs. You are the expert in your business; and a CGA is the expert in accounting, finance, taxation and business management. Together, the two of you will anticipate, prevent and solve problems. 2. Succession planning: The difference between selfemployment and business ownership lies in knowing your business can succeed without you. Succession planning ensures your business is self-sufficient. A CGA will help you develop a sound succession plan. 3. Business startup: When you decide that it’s time to make your dream a reality, a CGA will help set up the most appropriate entity for your business: a sole proprietorship, partnership or corporation. 4. Software installation and training: A CGA will take the time to understand the information technology needs of your business, assisting in the evaluation of functionality, cost and portability, and create the right software environment for your business through installation, configuration and training. 5. Systems implementation: Proper systems can make the difference between chaos and order. A CGA will help you to identify and evaluate systems such as record keeping, document retention, asset protection and information controls.
6. Estate planning: Estate planning is important. A CGA works with you and your lawyer to ensure that designated beneficiaries receive the maximum benefit from your estate. 7. Financial planning: Whether it’s investment advice or cash flow projections for your growing business, a CGA will provide the sound financial planning you require to get you to your goal. 8. Controllership services: You need a CEO. Many CGA firms offer part-time controllership services. They will provide hands-on advice about financial controls and procedures, assist in monthend processes and help ensure your business is in compliance with regulatory agencies. 9. Accounting services: CGAs offer a wide range of accounting services, from compiling your financial results on an interim or year-end basis, to payroll administration, tax compliance, cash management, projections and bill payment, plus analysis, assessments, calculations and reviews. 10. Tax planning and preparation:Tax planning and preparation is an integral part of the financial planning process. A CGA will help you minimize the taxes you pay – now and in the future – whether you’re an employee or self-employed, an investor or small business owner, a farmer, student or landlordl. NC More information or access to other small business resources is available online at cga-ontario.org or toll-free at 1-800-668-1454.
Please say you saw it in The Commercial Investor
Volume 14 Issue 06
35
Commercial Real Estate & Business Opportunities
8181662_2114
Ramzi Twal Sales Representative
PINNACLE REAL ESTATE BROKERAGE Each Office is Independantly Owned and Operated
905.388.1110 / 1.877.938.1110
Hamilton
2114_DJW_0003
2114_DJW_0002
2114_DJW_0001
ramzi@ramzitwal.com | www.ramzitwal.com 775 Upper Wentworth St. Hamilton ON
CONVENIENCE WITH PROPERTY
SUPERMARKET
Excellent opportunity to own & operate a business with building & 4 Bedroom apartment. Good family business set up. Land is 150’ deep with lots of parking. Business has been operated for decades. Busy street & good exposure on Hamilton Mountain. Many apartment buildings on street. Do not go direct. Showings by appointment. MLS #H3131847.
Well established neighbourhood supermarket & Deli take out food. Can be purchased with the building. High traffic location with schools & churches nearby, great exposure with prominent signage, 20 car parking, corner location, steady stream of regular shoppers. DO NOT GO DIRECT. MLS #H3128371.
FURTHER INFORMATION:
ASKING $129,900
JOHN HRYCZYNSKI BROKER
(905) EMAIL:
REAL ESTATE BROKERAGE COMMERCIAL
WWW.BBSREALTY.COM COMMERCIAL REAL ESTATE
REAL ESTATE SALES AND LEASING SERVICES
2514_DJW_2_0088
DOWNTOWN HAMILTON PRIME WEST HAMILTON ENTERTAINMENT DISTRICT Prime downtown freestanding professional office building with parking. Close Location close to several new high-rise downtown developments, corner lot with proximity to court houses, St. Josephs Hospital, GO Station & most other excellent exposure. Ideal mixed use investment for an owner user. Splendid Victorian services & amenities. Building is in move-in ready condition and consist of an bldg. w/loads or charm and character in good condition. Bldg. contains 3-2 bdrm & owner occupied ground floor office space plus 2 other occupied rental units 1 bach occupied apt’s and 2 ground flr. Commercial units. Commercial units vacant and one vacant unit. Owner may lease back or relocate. Ideal for an owner ready to lease or owner use. Units are suitable for a bar/restaurant or most other user/investor. Property has on site parking spaces. Asking only $599,900. retail/office uses. On-site & street parking. Asking $1,125,000. Call agent for details.
INVESTMENT PROPERTY FOR SALE
EAST HAMILTON - MIDTOWN Retail and residential investment property in mid-town area. Located on busy Main St. Excellent exposure. Building has 3 retail units & 2+1 bdr. apt. Ideal for Owner/User. 2673 sq ft retail unit available for owners use or Lease. Retail units have full usable basements. Apartment requires upgrades. Possible VTB mortgage. Current Proforma net rent est. $57,871. Asking $650,000. Call for details.
RETAIL/OFFICE FOR LEASE 2514_DJW_1_0133
2514_DJW_3_0066
RETAIL/OFFICE FOR LEASE
2514_DJW_0126
RETAIL/OFFICE SPACE FOR LEASE
240
JOHN@BBSREALTY.COM
INVESTMENT PROPERTY FOR SALE
2514_DJW_0125
OFFICE BUILDING FOR SALE
529-5900 X
2514_DJW_2_0065
10339498_2514
Well exposed lot next to RONA and Tim Hortons on a busy street with access to QEW. Has been used as a car lot for many years. Tailer running width of property with offices included. Trailer with offices measures approx. 48’ x 10’. Lot approx. 52’ X 100’ MLS #H3131191.
ASKING FOR BUSINESS $99,900 + STOCK
$439,900
FOR
HAMILTON CAR LOT
EAST HAMILTON MOUNTAIN Prime East Regional Retail complex anchored by Metro Foods, Shoppers, department store and many other National Tenants. Very busy first class plaza w high foot traffic and excellent parking capacity. Available units included Unit 8 - 1,996 sf & Unit 29 - 1,520 sf ideal for most retail/office uses and Suite 200 - 6,779 sf ideal for a fitness, dance or most other uses. Immediate possession.
EAST HAMILTON MOUNTAIN Very busy plaza, prime east mountain location. Many national tenants in complex with a good mix of retail & office uses. Units available: ground floor retail/office units: 330 sf; 1283 sf & 3200 sf asking $10.95/sf-$13.95/sf net and 2nd floor office units: 450 sfr.; 1423 sfr. & 2550 sfr. from $14.95 - $16.95/sfr Gross. Abundant on-site parking. Immediate possession.
170 SILVERCREEK PARKWAY NORTH, GUELPH Located on a major arterial road across from Willow West Mall. Many national tenants on this power retail strip. Available space: Unit 2-2151 sf, end cap unit ideal for variety store; Unit 6-3400 sf, ideal for bar/ restaurant or most other retail/office uses and Unit 7 - 4555 sf, divisible, ideal for most retail/office uses. Affordable rents, asking from $12.95 $13.95/sf net. Abundant parking, immediate possession. Call for details.
Please say you saw it in The Commercial Investor
36
Volume 14 Issue 06
Commercial Real Estate & Business Opportunities
William Hicks SALES REPRESENTATIVE
williamjoelh@gmail.com OFFICE: 905-335-3042 Ext 579
Burlington Golden Horseshoe
Office - Industrial - Retail
INDEPENDENTLY OWNED & OPERATED BROKERAGE
CORA - BREAKFAST AND LUNCH For Sale. Golden Horseshoe location. High traffic loyal clientele. Established in 2009.
2114_DJW_1_0009
Bright and airy two room office space, with an open concept floor plan. Wonderful location for small professional business in Burlington. High traffci area, close to highway and amenities. Call William today!
WANTED
MEDICAL OFFICE SPACE
2114_DJW_0008
Hamilton
2114_DJW_0007
FOR LEASE
BURLOAK REAL ESTATE SERVICES BROKERAGE
1,522 sq. ft. of fresh looking medical office space. Previously used as a hearing clinic and well suited for medical users. High traffic clean plaza in developing area. Current low rate of $16.50 (net) till 2017. Private offices and open reception area, with a great flow. Would work well as financial office or small business. Call William today!
• Buildings zoned for Church groups in Burlington, For sale or for lease. • Building for institutional user in Burlington, Flamborough.
Call William today! 11287063_2514
Please say you saw it in The Commercial Investor
Volume 14 Issue 06
Commercial Real Estate & Business Opportunities
37
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
SECTION COVERING: Ajax Alliston Bowmanville Bradford Bolton Burlington Brampton Concord Durham Region
Etobicoke Georgetown Georgina Keswick Markham Milton Mississauga Newmarket North York Oakville Oshawa
Pickering Richmond Hill Scarborough Schomberg Sutton Toronto Tottenham Thornhill Vaughan Whitby Woodbridge
For advertising
contact Doreen Wills Tel: 1-800-268-0077 or 905-570-9283
doreen.wills@wall2wallmedia.com thecommercialinvestor@wall2wallmedia.com
GREATER TORONTO AREA
GTA
38
Volume 14 Issue 06
Commercial Real Estate & Business Opportunities SELLING REAL ESTATE FOR OVER 24 YEARS
Platinum Award Winner
Bill Morrison SALES REPRESENTATIVE
Direct:
Heritage Realty Inc., Brokerage
905-619-9500
Independently Owned and Operated
SCARBORO
All brick 2 storey corner property on Kingston Rd. Includes store, 3 bedroom apartment and income from billboard sign on the roof. Great Deal!
Email:
morrisonb@sutton.com OSHAWA
Asking
Asking
$599,000.
Greater Toronto Area
Office building with lane excess to fenced in yard. 10 car parking at Bathurst & Queen location. Recent 2nd storey added. Lots of offices & board room. Why Lease?
$3,200,000
AJAX
$3,599,000.
2514_DJW_0119
DOWNTOWN TORONTO Fantastic
ASKING
TORONTO
2514_DJW_0120
Investment corner property. Fully rented to 2 businesses & 5 apartments. Renovated, new roof. 9 parking spaces. Asking
$1,800,000.
2514_DJW_0121
Very Clean 6 plex fully rented, tenants have own meters. Investors don’t miss the one!
WHITBY
Asking
2514_DJW_0122
22 Units near the lake. Own meters. 12 - 2 bedrooms, 4 - 1 bedrooms & 6 bachelors.
Asking
$1,250,000.
$1,995,000.
2514_DJW_0123
CASH COW IN THE MAKING! Investment
Opportunity. 40 Acres zoned for driving range, mini golf. 2400 sq ft proshop/restaurant. Plus already has 7000 sq ft finished bungalow, 5 bedrooms, 6 baths. Highly efficient home. Site plan approved. Ready to develop. Corner property on Taunton Road next to future Hwy 407 ramps in ASKING 3 years. Siding onto subdivision.
$2,800,000
Excellent investment opportunity. 39 Units on a large lot. Lots of parking. 1 Bachelor, 9 - 1 Bedrooms & 29 - 2 bedrooms.
10527900_2514
Toronto line: 416 798 7278
TORONTO
2514_DJW_1_0034
2514_DJW_0124
Attention Developers/ Investor. 1 acre site with over 200 ft on Kingston Rd. Could be apartment building, retirement home, townhome site. Currently car lot with house. FanASKING tastic location.
$2,500,000
2514_DJW_2_0105
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 Please say you saw it in The Commercial Investor
39
Commercial Real Estate & Business Opportunities
Buying & Selling? Ask Me About Our Preferred Client Commission
Going Above & Beyond Expectations
MARCUS Chevli
Sales Representative
Remax Crossroads Realty Inc 8901 Woodbine Ave Suite 208. Markham ON Tel: 416-491-4002 | Fax: 416-756-1267 Direct
PERFECT UNIT MIX FOR MAXIMUM RENTAL INCOME! Very clean 6-plex consisting of 2-3 bedroom apts, 3-2 bedroom apts and 1 bacher apt, 3-car garage, 5 outside parking space, fully rented, tenants have own meter. 6 fridges, 6 stoves, coin washer and dryer. DON’T MISS THIS MONEY MAKER!
WOW! GROSS INCOME $75,480! Extra prime location in East York. Big opportunity w/ 4 units: Two x 3 bed, one x 4 bed & one x 2 bed, $60K net income before debt. HUGE CASH FLOW! CALL NOW!
TORONTO
YONGE & LAWRENCE
2514_DJW_0146
GROSS INCOME $185,554!!!! Great investment opportunity in Long Branch near Humber College, Lake, Transportation and Schools. Each unit is individually metered for hydro. 20 retrofitted units includes 22 stoves, 22 fridges, 2 coin washers and 2 coin dryers. 2 br x 12.1 br x 4. Bach. x 6. FANTASTIC UNIT MIX AND HUGE UPSIDE FOR FUTURE RENT INCREASE!
OSHAWA
2514_DJW_0151
2514_DJW_0150
OSHAWA
2514_DJW_0149
RARE!! HEART OF DOWNTOWN KENSINGTON MARKET!! Fully leased, AAA location, Heart of Chinatown, 3 levels plus basement detached building with 2 stores and residential units. Renovated, new roof. Well kept with present gross income of $109,344!!! HUGE UPSIDE IN 3-5 YEARS!! CALL NOW AND GET THIS MONEY!
$$$$ GROSS INCOME $84,204!!! Close to Schools, Parks, Community Centres and Hospital. The University of Ontario Institute of Technology is located less than 5 min away. Potential to increase rents. Boiler’s efficiency rating is approx. 95%. Building has character, with original hardwood floors in hallways and some units, as well as 10 ft ceilings in main level units. 8 x 1 bdrms & 1 bachelor. Asking $875,000. CALL ME FOR A PRIVATE VIEWING
Please say you saw it in The Commercial Investor
2514_DJW_0152
CASH FLOW KING & JAMESON!! 20 self-contained licensed apartments in well-maintained and upgraded investment property. Ceramic/porcelain floors, no deferred maintenance, stable tenants. 20 fridges & 20 stoves! Gross income $141,797, Net $120,155. Full financials available. Asking $2,290,000. CALL ME TODAY & GET THIS INCOME IN YOUR ACCOUNT NOW!
PRIME INVESTMENT OPPORTUNITY!! 10 residential apartments and 3 commercial units. Corner property on busy St. Clair corridor. Income play for buyer while exploring redevelopment possibilities. Significant change is anticipated in the immediate area!! Call for full details! $3,750,000.
TORONTO
2514_DJW_0148
2514_DJW_0147
TORONTO
EXCELLENT INCOME FOR PRICE! Gross income of $47K+!!! Recently renovated, tenants willing to stay. 3-car park & bus at the door. Close to everything. Steps to schools and shops, new appliances & fixtures! ASKING ONLY $679,900!! STEAL OF A DEAL!
2514_DJW_0145
2514_DJW_0144
LOCATION LOCATION! Great Investment - Guaranteed income from 6-2 storey apartment with approx. $70,000 plus 2 stores for $60,000. Prime location w/ major development underway in the area. Superb brick 6-plex with two street level stores. 4x2 br, 2x1 br, all separate hydro meters paid by tenants! ACT SUPER FAST!! GREAT DEAL!! CALL ME NOW.
Greater Toronto Area
ST. CLAIR & OLD WESTON
TORONTO
NEVER FIND ANOTHER LIKE THIS! LAWRENCE PARK TRIPLEX!!! Totally renovated!! 3 x 2 bed units, high end finishes, rents easily. Steps to Subway, Parks, Schools & Shopping. APPROX GROSS $81K ANNUALLY! NOTHING LEFT TO DO! JUST COLLECT RENT! CALL ME FOR FULL DETAILS.
2514_DJW_0143
TURNKEY! JUST HIT THE MARKET! Purpose built Triplex w/underground parking. 2x2 - bed units & 1x1 - bed unit, all with separate entrances, individual hydro meters & ensuite laundry. Close to TTC & more. WON’T LAST! CALL NOW.
TORONTO
2514_DJW_0142
2514_DJW_0141
TORONTO
647.895.9191
GROSS INCOME $63,024!! Great location! Corner unit, parking at back and side of building. Clean and well maintained legal 6 plex -- 4 - 2 bedrooms and 2 - 1 bedroom. On-site coin laundry. 7 parking spaces, 4 units have balcony/porch, potential to increase rent! Asking only $700,000!! GREAT VALUE AND INCOME!!
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Volume 14 Issue 06
40
Volume 14 Issue 06
Commercial Real Estate & Business Opportunities BARRIE - RETAIL SPACE FOR LEASE
1,250 or 2,500 sq. ft. retail space. Separately metered units with individual HVAC for each. 14’ ceilings. Recently updated building with excellent insulation and low operating costs. Three minutes to Hwy 400. Located at signalized corner of Tiffin and Innisfil Street. Regular service by several Barrie Transit routes. 400 meters to Allandale Waterfront GO Train Station. For first 6 months $0.17 sq ft/month ($2.00 sq ft net per year) with low TMI.
MLS# X2864741 and MLS# X2864676
2514_DJW_3_0001
BUSINESS PARK DEVELOPMENT LAND 87.26 acres at the north-west corner of Hwy 10 and Hwy 89 in Mulmur. Flat land designated Industrial/Commercial in the OP with three zoning designation (Business Park Gateway, Core and Transition). Zoning By-Law ready in draft form and supported by municipality. Hwy 10 gives this site excellent access from Toronto, Hwy 89 provides access to Hwy 400. 5 minutes to Shelburne, 20 minutes to Alliston, and under 1 hour to Toronto. Low DC’s of $2.76/sq. ft. (combines Country and Municipality). $2,600,000 ($30,000/acre). See: www.primrosebusinesspark.com
MLS #2589650
2514_DJW_3_0002
BUILDER WANTED FOR EXCEPTIONAL RETIREMENT SUBDIVISION - 848 NORTH SYKES STREET, MEAFORD
2514_DJW_4_0003
33 Acre Site, Draft approved for: – 120 attached bungalows, 200 condo apartments; Club House; walking paths in beautiful forest. $4,900,000 – 2.5 acre Retirement residence site and 2.5 acre commercial site also available. Next to: Retirement residence, clinic, medical building, golf course. Three minutes to hospital and Georgian Bay; 20 minutes to ski hills; 5 minutes to quaint & gorgeous downtown Meaford (The Other Big Apple), which is one of the more desirable retirement towns in Ontario. Over 300 names registered for pre-sale information. See: www.meafordhavenforsale.com
Greater Toronto Area
MLS# X2577768
FOR LEASE - 120 INDUSTRY STREET, TORONTO 16,670 or 17,546 sq, ft, including 5046 sq.ft. of A/C office space. (Total: 34,564 sq.ft.) industrial space. Excellent location just off Black Creek Drive near Eglinton. Minutes to Hwy 400 and Hwy 401. Extremely low TMI. 15’ clear ceiling height. Bay size is 50’ by 30’. 4 truck level doors - Drive-in possible, ample turning radius. Fenced in compound. Saw-tooth roof provides plenty of natural light (usually no need for the warehouse lights). TTC bus stop at door. Excellent transportation and access to great labour pool. $4.50 or $5.25/sq.ft. net + $1.82/sq.ft. TMI. 2514_DJW_2_0004
MLS #W2806716 AND MLS #W2806720
RETAIL STORE FOR LEASE - 2571 VICTORIA PARK AVE. For Lease: 1236 sq. ft. of retail space in high traffic plaza with TD Canada Trust anchor, located at Victoria Park and Sheppard. Approx 40,000 vehicles pass this plaza every day on Victoria Park. Available July 1st, 2013 at $24.95/sq. ft.
MLS# E2751071
2514_DJW_5_0017
RETAIL PLAZA FOR SALE
Oakville – 21,000 sq. ft. – No vacancy , 40% national tenants. $8,995,000 Cap Rate of 5.66%
905.882.8800 Pierre Boiron
Claude Boiron
Sales Representative
Broker
pierre@rementor.ca
TERREQUITY REALTY, BROKERAGE Independently Owned and Operated
Please say you saw it in The Commercial Investor
claude@rementor.ca 11275155_2514
Volume 14 Issue 06
41
Commercial Real Estate & Business Opportunities 11265283_2514
Igor Chouminov President, Broker of Record
PAII REALTY INC.
Brokerage
416.877.0326 igor@paiirealty.com INVESTMENT aND DEVELOPMENT REaL ESTaTE
COMING SOON TO RICHMOND HILL
15 UNIT TOWNHOUSE DEVELOPMENT SITE
• 17 unit Townhouse Site, 3 storey units w/20 ft fronts over 2600 sf+ each with large backyards.
Modern Design: 15 Unit Townhouse Site, 20 ft fronts, from 2000 to 2500 sf, 3 storey, large backyards, upscale neighborhood. Walking distance to shopping, scholls, and transport.
• Great neighborhood walking distance to shopping, schools and transport. Call to Register for VIP Pricing!
Priced at $3,750,000
2114_DJW_1_0101
ESTaTE LOTS fOR SaLE
8 Prestigious Estate Lots for Sale on Exclusive Street in Richmond Hill. Lots over 60 ft frontage, with Depths of over 150 ft, Private Cul-de-sac street. Homes in the Area selling over $2.5M to $3M++, Lot Prices Starting at $1,000,000.
2114_DJW_1_0102
Please call for Details!
2114_DJW_0127
COMMERCIAL AND RESIDENTIAL PROPERTY FOR DEVELOPMENT SITE PLAN APPROVED PROJECTS RETAIL PLAZAS AND OTHER INVESTMENT PROPERTIES INVESTORS FOR REAL ESTATE PROJECTS ACROSS THE GTA!
PhaseOne PhaseTwo SiteRemediation Environmental Site Assessments
8297113_2514
For ~ purchasers ~ vendors ~ realtors and lenders
Borehole Drilling Soil Sampling Groundwater Testing
Underground Tanks Asbestos Removal Demolition
~ Fast turnaround to meet closing deadlines ~ ~ Cost effective assessments by experienced environmental scientists ~ ~ Over 15 years of experience assessing Commercial, Industrial & Residential Properties for Brokers, Property Management Firms & Financial Institutions ~ Please call to receive our free report on new changes to environmental regulations ~
905.825.2943 871 Equestrian Court, Oakville
~ Servicing All of Southern Ontario ~ Please say you saw it in The Commercial Investor
Greater Toronto Area
ACTIVELY LOOKING FOR:
42
Commercial Real Estate & Business Opportunities
Volume 14 Issue 06
Building Services
Residential . Commercial . Industrial • • • • • • • • • • • • • •
Pre-purchase & leasehold inspections Phase I and phase II environmental site assessments Technical audits & inspections Compliance & warranty inspections Condition surveys Construction cost engineering Restoration engineering Parking garages and building maintenance High and low voltage power distribution Emergency power systems Energy audit & renewable energy solution Building automation Interior and exterior lighting Building communication system
Building Permits . Renovation . Structural Designs
MEC Global Ltd.
Phone: 416.548.7497 info@mecglobalgroup.com www.mecglobalgroup.com
Buildings & Earth Retaining Structures Protection Systems & Temporary Support Structures Structural Steel & Reinforced Concrete Wooden Structures & Road Way Protection Systems False Work & Form Work Structural Modifications & Additions Carports, Porches, Sunrooms, Dormers & Extensions Custom Homes Building Permit Applications New development & Change of use Zoning Application, Site Plan Approval & Site Development Parking Studies, Traffic Studies & Noise Barrier Walls
Property Management Services Condominium | Co-operative Homes | Multi-Residential | Commercial
Our commitment to you is to: • Provide high quality eco friendly property management services • Simplify your property operations with the use of technology • Provide accurate, timely and easy-to-read monthly financial reports. • Create solutions that add value to your properties • Provide focused attention to details • Increase occupancy for rental properties • Reduce your operating expenses • Work to increase your property NOI • Increase the desirability and value of your properties. • Foster a harmonious and cooperative environment. • Employ sound financial management practices with appropriate controls • Prepare your property for sale
DiliGlobal Property Management Ltd.
Tel: 416-548-7869 Fax: 416-916-4677 info@diliglobal.com www.diliglobal.com Please say you saw it in The Commercial Investor
11287243_2514
Greater Toronto Area
• • • • • • • • • • • •
Volume 14 Issue 06
43
Commercial Real Estate & Business Opportunities
• Well located commercial property at the corner of Islington and The Westway • Renovated completely within last 5 years • Stable income with good cash flow • Commercial and Residential redevelopment potential • 27 parking spaces on property & TTC at doorstep • Many amenities nearby, including Westway Park • In excess of 40,000 cars pass by the property daily
Asking Price $2,500,000
11287921_2514
ETOBICOKE MEDICAL BUILDING FOR SALE
2514_DJW_0007
Shafin Jadavji, CPA. CA. CBV. Broker of Record
416.725.7894 www.cubecom.ca 110 BED RETIREMENT HOME
37 BED DOM/ RETIREMENT HOME
Always full because of niche client markets, very flexible accommodation, great building and location. Plans available for major expansion to 170 beds.
2514_DJW_0080
Based on the current demographics the town has a demand for a good affordable retirement facility. The current building has an outstanding 22 bed domiciliary facility currently full with a waiting list, + an additional 15 beds are possible in a separate building. 2514_DJW_0081
13 BED DOM/ HSC HOME CORNWALL
Beautifully maintained original side-by-side duplex, now zoned and operated as a Domiciliary Hostel. Ideal for an onsite owner/operator living in the right hand side in a 3-bedroom duplex. If the owner/ operator lives on site most of the $125,000 earned income can be saved as the owner’s living expenses are included. Priced to sell - $665,000. 2514_DJW_0082
19 BED HOME CARE FACILITY - HAMILTON
16 HSC beds & 3 private. Same owner for 27 years. HSC payment directly from Ministry of Health. Great upscale residential location
MICHAEL SHMUKLER, P.Eng, Broker of Record DIRECT: 519-318-1622 TOLL FREE: 1-866-960-6059 SHMUKLER REALTY INC. BROKERAGE
Email: michael@ShmuklerRealty.com
Please say you saw it in The Commercial Investor
11253451_2514
WWW.SHMUKLERREALTY.COM
2514_DJW_0083
Greater Toronto Area
shafin@cubecom.ca or info@cubecom.ca Cubecom Commercial Realty Inc.
Commercial Real Estate & Business Opportunities
Volume 14 Issue 06 10929735_2514
44
Thriving, established local business in Heart of Downtown Alliston for more than 20 years. Turn key business. Lots to offer including printing, copying, laminating, office supplies, invitations, binding, wide format printing and much more. This is a great opportunity to run a successful business in a fast growing town. $85,000 Erin Chantler* 1-877-435-4336 2514_DJW_0059
2514_DJW_0060
100 acres located in Adjala/ Tosorontio less than 1 1/2 hours to GTA. Mixed bush with 11+ acres of cleared and workable black muck soil. Makes an ideal recreational property for the outdoor enthusiast. $299,000 Marc Ronan*** 1-888-936-4216
For lease. 3 buildings approx. 12,800 sqft on 7 acres. High profile location on Hwy 9 at Orangeville. Highway commercial zone allowing many permitted uses. 2 buildings heated approx. 4800 sq. ft. each and quanset hut steel fabric building approx. 3200 sq. ft. Ample parking. Great exposure. $10,000/monthly + TMI Marc Ronan*** 2514_DJW_0061 1-888-936-4216
Greater Toronto Area
78.5 acres in Central Essa Township. Approximately 60 acres workable. Located near proposed growth in Baxter. CP Rail line at back of property. Zoned agricultural. $729,900 Marc Ronan*** 1-888-936-4216
High profile corner location w/ 3 road frontages in growing Tottenham. Urban Commercial Core in prime downtown area. Substantial growth in Tottenham over next few years. Ideally suited for commercial with secondary residential. $2,100,000 Marc Ronan*** 1-888-936-4216
Breathtaking views!! 36 acre corner building site overlooking the Countryside with mature forest. Private setting to build your dream home. Located on paved road minutes to Hwys 9 & 27!! $499,900 Marc Ronan*** 1-888-936-4216
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2514_DJW_0063
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84.4 acres abutting residential development in area of fast growing community of Alliston. Surrounded by existing development with two road stubs to east on Municipal services. Flat, clear acreage minutes from Honda. Entirely maintenance free clean crop land. $3,795,000 Marc Ronan*** 1-888-936-4216
Private Country Estate on 67 acres of hardwood forest, ponds & your own 9 hole golf course. Fully equipped Pro Shop, Workshop, Ample storage and parking. Have your own course or continue existing public play. Large custom raised bungalow, 3+2 bedrooms, multiple walkouts to manicured lawns. $1,340,000 Marc Ronan*** 1-888-936-4216 2514_DJW_0066
90 acres sand loam in Central Essa Township, currently planted with trees, long term investment with approx 46% of land leased until 2017 + 1 option. Remainder is workable land. Located near Gillespie Trail Development and Baxter. Minutes to Honda and Barrie. Land is zoned Agricultural and rural. $780,000 Marc Ronan*** 1-888-936-4216 2514_DJW_0067
93 acre development parcel abutting residential development in New Lowell. Approximately 88 acres workable land. Located inside the development boundary expansion area. Large GTA Developer in same area. $1,700,000 Marc Ronan*** 1-888-936-4216
Location! Location! Hwy 89 & Airport Road. High profile corner commercial property 3600 sq ft on 1.68 acres. Custom built building suitable for business or restaurant & many other highway commercial zoning permitted uses. Excellent access and exposure with ample parking. $1,095,000 Marc Ronan*** 1-888-936-4216
2514_DJW_0069
2514_DJW_0070
2514_DJW_0065
Fabulous large acreage in great location just outisde Bradford. Large building site with balance reforested, between Hwy 400 and Yonge Street for easy commuting. Good well on property. $449,900 Marc Ronan*** 1-888936-4216 2514_DJW_0068
Please say you saw it in The Commercial Investor
Volume 14 Issue 06
45
Commercial Real Estate & Business Opportunities
8975448_2514 2514_DJW_1_0022
2514_DJW_0004
$975,000
$575,000 GREAT INVESTMENT OPPORTUNITY. MEDICAL CENTRE & PHARMACY. 1,700 SQ FT. 4 EXAMINATION ROOMS. LOW MONTHLY FEES. CAN BE EASILY CONVERTED FOR OTHER PROFESSIONS. 2514_DJW_1_0024
PRIME YONGE & SHEPPARD LOCATION. ZONED FOR COMMERCIAL USE. CAN BE USED FOR A PROFESSIONAL OFFICE. NEWER ROOF, FURNACE & DRIVEWAY.
2514_DJW_1_0062
WELL KNOWN BAKERY IN THE HEART OF TORONTO. ESTABLISHED SINCE 2003 WITH A STEADY CLIENT BASE. TONS OF WALK IN TRAFFIC. WILLING TO TRAIN & PROVIDE RECIPES.
ESTABLISHED EATERY & RESTAURANT. BUSY PLAZA WITH TONS OF TRAFFIC. APPROX 3,800 SQ FT. SEATING FOR 100 PATRONS. PRICE IS INCLUSIVE OF ALL CHATTELS. 2514_DJW_3_0022
POPULAR YOGURT FRANCHISE. CONVENIENCE STORE PLUS A DETACHED HOME WITH SIX 2 BDRM UNITS AVAILABLE FOR RENT. BUSY THOROUGHFARE. IDEAL BUSINESS OPPORTUNITY. 2514_DJW_1_0021
2514_DJW_2_0022 2514_DJW_0006
$500,000
$1,400,000
$1,590,000
$1,250,000 CALLING ALL BUILDERS! GREAT OPPORTUNITY TO OWN 2 USED CAR SALES LOTS IN A BUSY CORRIDOR OR BUILD SINGLE FAMILY HOMES. APPROX. 24,000 SQ FT AREA!
HISTORIC DETACHED MANSION. TRENDY FASHION DISTRICT. APPROX 6,000 SQ FT. 9 GUEST ROOMS, 5 BATHS. ORIGINAL WOOD STAIRS, WINDOWS & TRIM, WALL MURALS & TAPESTRIES.
2514_DJW_1_0020
2514_DJW_0005
2514_DJW_1_0058
HUGE INDUSTRIAL/COMMERCIAL BUILDING COMPLEX. TRENDY “PORT CREDIT”. ALL UNITS ARE TO BE PURCHASED AS ONE. GATED & FENCED. IDEAL FOR FUTURE DEVELOPMENT.
$1,800,000 GREAT INVESTMENT & DEVELOPMENT PROJECT. APPROVED SITE PLAN & ARCHITECTURAL PLANS AVAILABLE FOR 11 FREEHOLD UNITS, 7 TOWNHOUSES & 4 SEMIS.
$2,695,900
$3,500,000
$4,900,000 LOCATION. LOCATION. LOCATION. THE PERFECT CORPORATE HEADQUARTERS. HIGH PROFILE VISTA FACING THE GARDINER EXPRESSWAY. MINUTES FROM TORONTO & PEARSON AIRPORT.
$180,000 EXCELLENT OPPORTUNITY TO OWN A HEALTH FOOD FRANCHISE. HIGH PROFILE LOCATION. MODERN EQUIPMENT. MONTHLY RENT $6,100 INCLS UTILITIES
Please say you saw it in The Commercial Investor
$89,500 BUSY TANNING SALON IN A WELL ESTABLISHED GYM. TURN KEY BUSINESS. TOP OF THE LINE EQUIPMENT. BENEFIT WITH SALES OF NUTRITIONAL SUPPLEMENTS ALSO!
Greater Toronto Area
2514_DJW_1_0057
Sam McDadi Real Estate Inc., Brokerage
46
inthenews
Commercial Real Estate & Business Opportunities
Volume 14 Issue 06
New report shows Canadian green building market growing steadily with owners seeing strong benefits from building Green
T
he Canadian Green building market is poised to see strong growth over the next three years, with surveyed Canadian firms expecting to grow their green practices from one third in 2014, to one half by 2017. These findings are part of a new report prepared by McGraw Hill Construction and commissioned by the Canada Green Building Council. The report, titled Canada Green Building Trends: Benefits Driving the New and Retrofit Market, is the first of its kind in Canada. Among its many findings, the report demonstrates that companies that invest in green buildings are seeing significant dividends on their investments, including:
• 82 per cent of building owners and developers reported decreases in energy consumption in their Green buildings compared to similar buildings. • 68 per cent of building owners and developers reported decreases in water consumption in their Green buildings. • The median reduction in operating costs over five years for Green buildings reported by the firms included in the research is 17 per cent.
The median payback for the investment in a new Green building is reported to be eight years, a finding consistent with paybacks on studies McGraw Hill has conducted in the U.S. and globally. In addition, green renovation projects increase building asset values, with a 4 per cent median increase reported by architects and owners that have worked on green building projects. This is consistent with data reported globally and in the U.S. in previous studies conducted by McGraw Hill Construction,
Please say you saw it in The Commercial Investor
and it contributes to mounting evidence that green buildings have stronger value in the real estate marketplace. While the above financial benefits are critical to the growth of green building in Canada, other triggers and social factors play an important role as well. Client demand and ‘doing the right thing’ were the top triggers for future green building in the Canadian construction market with 42 per cent of respondents selecting these triggers as one of their top two. This emphasis on a combination of
Volume 14 Issue 06
business and social motives is helping to propel the strong performance of Green building in the next few years, as predicted by surveyed building owners, architects and contractors
To view a copy of the Canada Green Building Trends Report, visit the CaGBC website. This report was sponsored by Oxford Properties Group, REALpac, and the Toronto and Region Conservation Authority.
60 per cent of the survey respondents, who conducted Green building projects, consider the ability of green buildings to promote greater health and well-being among occupants to be the most important social reason that they chose to invest in Green.
›› About Oxford Properties Group
Survey respondents also recognized that building Green is key to the creation of high performing buildings. • 62 per cent of the building owners, architects and contractors surveyed considered having a higher-quality building as an important benefit of green building. • 73 per cent of the firms that use a green building rating system report that better performing buildings are an important benefit of using a rating system. “This report confirms that the Canadian marketplace recognizes that a rigorous approach to Green building improves the quality of building projects and sets the stage for realizing financial, environmental and health benefits,” says Thomas Mueller, President and CEO of the Canada Green Building Council. “The business case for green buildings in Canada is strong, which translates into growing demand and investment over the next three years.” “This report is exciting because it demonstrates that the majority of the Canadian green building market recognizes the value that healthy green buildings have,” says Harvey Bernstein, Vice President of Industry Insights and Alliances at McGraw Hill Construction. “As research continues to demonstrate the value of these investments on companies’ productivity and the bottom line, we think that occupant health and satisfaction is going to be an even more critical driver in the future.” These and other findings are available in the Canada Green Building Trends: Benefits Driving the New and Retrofit Market Report through the CaGBC.
47
Commercial Real Estate & Business Opportunities
Oxford Properties Group is a global platform for real estate investment, development and management, with over 1,400 employees and over $27 billion of real assets that it manages for itself and on behalf of its co-owners and investment partners. Established in 1960, Oxford has regional offices in Toronto, London and New York, and the company’s portfolio includes approximately 50 million square feet of office, retail, industrial, multi-family and hotel properties. Oxford is the real estate arm of the OMERS Worldwide Group of Companies. ›› About REALpac REALpac is Canada’s most senior, influential and informative voice in the real property investment industry. REALpac brings together the industry’s Chief Executives to collectively influence public policy, to educate government and the public, to ensure stable and beneficial real estate property and capital markets and to promote the performance of the real property sector in Canada. Member companies include publicly traded real estate companies, real estate investment trusts (REITs), private companies, pension funds, banks and life insurance companies with investment real estate assets each in excess of $100 million, large owner/ occupiers and pension fund advisers as well as individually selected investment dealers and real estate brokerages. ›› About Toronto and Region Conservation Authority (TRCA) With 60 years of experience, Toronto and Region Conservation (TRCA) helps people understand, enjoy and care for the natural environment. Our vision is for The Living City®, where human settlement can flourish forever as part of nature’s beauty and diversity. ›› About McGraw Hill Construction: McGraw Hill Construction provides essential data, news, insights, and intelligence to better inform construction
Please say you saw it in The Commercial Investor
inthenews professionals’ decisions and strengthen their market position. McGraw Hill Construction’s data, analytics, and media businesses – Dodge, Sweets, Architectural Record, and Engineering News-Record – create opportunities for owners, architects, engineers, contractors, building product manufacturers, and distributors to strengthen their market position, size their markets, prioritize prospects, and target and build relationships that will win more business. McGraw Hill Construction serves more than one million customers through its trends and forecasts, industry news, and leading platform of construction data, benchmarks, and analytics, including Dodge MarketShare™, Dodge BuildShare® and Dodge SpecShare®. Construction data is available for North American and global markets. To learn more, visit http://www.construction.com. ›› About CaGBC: The CaGBC (www.cagbc.org) is the leading national industry organization advancing green building and sustainable community development practices. We work closely with our member organizations who are involved in the design, construction and operation of buildings and homes in an effort to make every building greener. The CaGBC reduces environmental impacts from the built environment through education/ training, building certification, advocacy and information sharing. The CaGBC is the license holder for the LEED green building rating system in Canada. In addition to LEED, the CaGBC also supports the Living Building Challenge, Passive House Standard and EcoDistricts in Canada.
48
Volume 14 Issue 06
Commercial Real Estate & Business Opportunities
SAVE $$$ Buying/Selling!!!
11237352_2514
SOLD over $100 Million Again in 2013!!!
Greater Toronto Area
Kleinburg Village Heritage Property in Prime Loc w/Legal Retail Store, Fronts on Busy Street! 10 Car Parking, Close to Million Dollar Homes! $947,000. ID#BE0970
Prime Mixed Development Opportunity in Prime Niagara Tourist Location! High Density Commercial/Retail/Office! Gate way to Niagara! $759,900. ID#BE3376
Rare! Halal Gourmet Burger Restaurant! $100-$125k Net Income! 30-35 Seating, Open 7 Days a Week, Original Location! Sold as Franchise! $350,000. ID#BE5130
Excellent Commercial/Retail Unit Approx 1200 Sqft in Prime Location Near Airport, Humber College, Woodbine Racetrack & Major Hwys! $410,000. ID#BE0680
Well Established Auto Repair Business in Prime Mississauga! Turn Key Operation! All Auto Repair Equip Included! Busy Loc Near Hwy 403 &Qew! $225,000. ID#BE2175
Very Well Established Professional Sign Designing, Print & Installation Business! All Existing Equipment Included! Prime Location Near 407! $150,000. ID#BE0007
Laser Hair Removal Business Operating for 40 Yrs. Equipment Included! Great Annual Income $70,000-$80,000! Free Parking for Customers! $125,000. ID#BE0118
We Have Buyers Looking For Office Based Established Business
State of the Art Fully Renovated Modern Full Service Hair Salon/Spa! In High De2000+ Sqft Learning Centre mand Plaza Surrounded by Thousands of Homes! Turn Key Op! $98,000. ID#BE3221
Gas Station on Corner Lot
1500+ Sqft Medical Space
Beautiful Spa Located in Heart of Brampton Close to City Hall & Large Business Corporations! Very Profitable Business! Great Growth Potential! $80,000. ID#BE051
AJ Lamba Realty Group Inc., Brokerage
20,000+ Sqft Commercial/ Industrial Building on a 5+ Acre Lot
CALL US TODAY! www.AJLamba.com
Turn Key Operation! Well Establish Apparel Business in Prime Shoppers World Mall! Right Beside Target! Very Profitable Business! $50,000. ID#BE0499
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*Salesperson **Admin ***Broker #of all salespersons as per MLS
Volume 14 Issue 06
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Commercial Real Estate & Business Opportunities
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Commercial Team C In n Canada! *
Brokerage Independently Owned And Operated
www.PBcommercialteam.com 11276658_2514
EXCLUSIVE - $8,800,000
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Approx $560,000 net income
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Two Buildings, 9 Total Units!
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Over 18,000 Sq Ft!
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Over 1.5 Acres in Prime Area!
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Prime East Toronto Location!
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Major Intersection!
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Parking for Over 60 Cars!
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LEASE – MAIN ST. MEDICAL SPACE
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Lush 6.6 acres w/commercial & live/work zoning! Run/start your business or build your dream home on this private property! Includes existing 3 Bdr/2 Bath Cottage! $1,700,000, Call Kenny 416-833-8840. 2514_DJW_0114
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142 Approved residential units
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6,124 square feet of retail
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Price includes development site, existing bowling business and lease holds
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Gross income over $650k, net income approx. $200k
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Excellent transportation options: DVP, Eglinton, Victoria Park Ave. ++
TORONTO OFFICE/RETAIL SPACE
Private approx. 10 acre lot w/ beautiful 3,000 Sq Ft ranch bungalow PLUS equestrian facilities for horse shows/ training/events/boarding! 170X80 heated indoor arena, beautiful tack room, grassed paddocks+++ Close to 11,000 acres Ganaraska Forest. $779,800. 2514_DJW_0115 2514_DJW_0116
SI
TORONTO EAST - $4,880,000
Retail Plaza with Major Bank as Anchor Tenant!
DURHAM EQUISTRIAN PROPERTY
6+ ACRE VAUGHAN ESTATE WITH COMMERCIAL ZONING
APPROVED MIXED USE DEVELOPMENT SITE!
Established professional medical building w/long-term medical service providers ie: pharmacy, radiology lab+++ Prime Main subway stop! $8.00/sq. ft. net. Several months free rent. Call George Politis for details 416-554-7653
EX
retail space at Lawrence/Warden! Prime unit with bathroom and drop ceiling. Newly modernized plaza! $13.95/SF Net
C
MARBLE MANUFACTRING VE SI LU
Own your own business! Owner retiring after 30 years! Marble manufacturing! Condominium & custom home builder contracts++ $100,000+ in machinery & contracts included in price! New owner will be trained! $350,000 - George Politis 416-554-7653 & Peter Glezakos 416-606-7882
APPROX 20,000 SQ FT MARKHAM MANSION
Dream Home! 10 Bdr,12 Bath estate w/ 19,169 Sq Ft of high-end living space on two levels plus walk-out basement (partially finished)! Ideally located in the prestigious Cachet Estates area (Major Mac/Warden). Live the high life or run your business from this stunning gated mansion!! $6,728,000. 2514_DJW_0113
www.PBcommercialteam.com | Team@PBTeam.com 5071 Highway 7 E., Markham ON L3R 1N3 *Based on Re/Max International Commercial Commissions in 2012 2nd Q
All Listings are MLS unless otherwise noted. Not intended to solicit clients already under contract.
Please say you saw it in The Commercial Investor
Greater Toronto Area
TORONTO EAST RETAIL PLAZA
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Volume 14 Issue 06
Greater Toronto Area 8647857_2514
Please say you saw it in The Commercial Investor
Volume 14 Issue 06
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Commercial Real Estate & Business Opportunities
Tony Giannini Sales Representative
RE/MAX PERFORMANCE REALTY INC., BROKERAGE 1140 Burnhamthorpe Rd., Suite 141 Mississauga, ON
905-270-2000 Email: agiannini@trebnet.com 9774309_2514
SOLD MODERN 3 BAY COIN CAR WASH
Greater Toronto Area
Automatic car wash & Dog Wash on prime location. Thriving cash business in growing town within Guelph with major residential developments. Separate pet wash, 3 coin bays, automatic car wash unattended, vacuums, blowers for drying car in each bay. Vending machines, security camera system with internet access for monitoring. Asking $749,900. 0914_DJW_1_0094 0914_DJW_1_0095 0914_DJW_1_0096
Over 6000 sq ft bldg. fully renovated with new roof and 1280 sq ft bsmnt. 3 commercial units and 4 renovated apartments separately metered. In the heart of Streetsville close to bus, Go, Hwys. Great investment at 6% cap rate. Asking $1,920,380. 0914_DJW_0106
For lease. Property located in Halton Hill at Trafalgar and Steeles with one large 2-storey home, one bungalow, huge barn with two levels and an apartment and a sports field. Many uses from garden centre to storage to retail. Can lease whole property or part of it. Call now to preview.
Principals Only
8 BAY COIN CAR WASH & PET WASH 7 years old. Located just minutes from Mississauga in a highly populated and growing city. Nothing like it for sale. Call for private viewing. Will not last. Asking $2.6 million. 0914_DJW_2_0037
Excellent Oakville Development site. 1.5 acres. Currently rented for $3000/mth. Road to be widened & directed to new hospital. Use as contractor yard or develop. Asking $1,199,000.
0914_DJW_0107
0914_DJW_2_0090
URGENTLY Needed for anxious qualified buyer. High volume gas stations and High Volume coin Laundromat. Retail strip plazas. High volume car wash. SELLING!! CALL NOW FOR FREE CONSULTATION Please say you saw it in The Commercial Investor
52 inthenews
Commercial Real Estate & Business Opportunities
Volume 14 Issue 06
Bazis, Metropia and plaza announce Major retailers for eMerald park Metro, LCBO and Starbucks will call it home
B
azis, Metropia and Plaza announced three major retailers will be coming to Emerald Park, the iconic condominium, retail and office development located at Yonge Street and Sheppard Avenue.
access to two subway lines (Yonge line and Sheppard line) and minutes to Highway 401, makes Emerald Park an ideal location to live, work and shop. With these retailers joining us, purchasers now have even more to celebrate.”
Grocery giant Metro, together with LCBO and Starbucks, will occupy second storey retail space at Emerald Park, which is slated for occupancy in the fall of 2014. Metro and LCBO are designing their first state-of-the-art unique stores for this location.
The first two levels of the central podium will be dedicated to retail while the third level will showcase exceptional office space. A spectacular residents’ only club space will occupy the fourth floor. Reminiscent of an international resort, the club will feature a swimming pool, an exercise theatre with weights, cardio and yoga/Pilates areas, steam rooms and a whirlpool. Residents can also take advantage of two fully equipped party rooms, two games rooms and two guest suites, all of which will flow into a rooftop garden graced by a sun terrace with reflecting pools, fireplace and seating areas.
“This is a huge win for the residents and retailers of Emerald Park,” says architect and Bazis partner, Roy Varacalli. “ We already know that Emerald Park represents the ultimate in design and will stand as one of North York’s most striking and recognizable towers. Direct
Emerald Park has already proven to be a major success, with most of the residential, retail and office condominiums already sold out. A limited amount of office space still remains available on the third floor. Emerald Park will consist of a pair of willowy, glistening emerald-green, glass-encased twin towers, rising from a four-level podium and connected by a glass-enclosed walkway. Upon completion, this sleek walkway will also serve as Emerald Park’s own, internal connection to the Sheppard subway station, making it simple for residents to get where they need to go.
And it isn’t just Emerald Park’s glistening exterior that will be green. Environmentally friendly features of this remarkable new community include a high performance thermal envelope to minimize unwanted solar gain and heat loss, individual suite metering of electricity, energy-saving appliances and more. For more information or to take advantage of the remaining office space available in Emerald Park, visit www.thegalleriaatemeraldpark.com or call 416-221-8802.
Please say you saw it in The Commercial Investor
Volume 14 Issue 06
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Commercial Real Estate & Business Opportunities
Mounir Saghie BROKER
Office: 905-619-9500 Direct: 647-505-9867
Sutton Group Heritage
E-MAIL: MSAGHIE@SUTTON.COM
Realty Inc., Brokerage
BARRIE: TURNKEY INVESTMENT!!! 9 UNIT TOWNHOUSE COMPLEX CLOSE TO DOWNTOWN. 8 X 3 B/rms and 1 x 4 B/rms, All equipped with Separate meters. Tenants pay own utilities. All units have basements. Each unit assigned its own parking space.
Mortgage is Assumable!! Easily self-managed!! *CAP RATE: 6.54%/ASKING PRICE: $1,499,000* NOI $98,000 INNISFIL
BARRIE
Established retail plaza With 2 x 3 bedroom residential units . All Tenants have separate Meters. 2 Fridges, 2 Stoves, 1 Washer Gross Income $48,132
83.5 FT X 200 FT LOT. Currently 3 units. Zoned RM2. Lots of Potential for development into T/houses.
ASKING: $599,900
ASKING: $515,000 OSHAWA Rare find. Legal 6-plex in desirable neighbourhood in Oshawa. 4 x 2 bedroom Units and 2 x 1 bedroom. 7 Parking spots. Well maintained. 4 units with balconies. Onsite coin laundry. 6 FRIDGES AND 6 STOVES. GREAT OPPORTUNITY!! Gross Income $63,000
ASKING: $700,000 FOR A SUCCESSFUL SALE AND QUALITY SERVICE, CALL ME. LET’S TALK. Not intended to solicit those already under contract. Please say you saw it in The Commercial Investor
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Greater Toronto Area
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CENTRAL ONTARIO
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
CENTRAL ONTARIO SECTION COVERING: Barrie Collingwood Muskoka North Bay Kawartha Lakes Midland
Meaford Paisley Parry Sound Orillia Owen Sound Sudbury Walkerton
For advertising
contact Doreen Wills Tel: 1-800-268-0077 or 905-570-9283
doreen.wills@wall2wallmedia.com thecommercialinvestor@wall2wallmedia.com
55
Commercial Real Estate & Business Opportunities
1-866-557-1110 705-647-1110
temiskaming realty ltd.,
www.temiskamingrealty.com
Bill Byers, Sales representative
bill-byers@coldwellbanker.ca
WATERFRONT HOME
LONG LAKE
42 acres of park like property with 1550’ frontage on the Montreal River. Lovely 3 bedroom bungalow, large garage, carports, 1 bunkie & much more. Unorganized Township. Asking $549,900. MLS 130418. 2514_DJW_0136
Almost 1 mile of waterfront with 141 acres in Unorganized Township near Charlton. Excellent location for a camp or family retreat. Hydro & phone at the year round road. Asking $339,900. MLS 111637. 2514_DJW_0137
WATERFRONT
WATERFRONT
168 acres in Elk Lake with over 900’ on the beautiful Montreal River. Private location at the edge of town. Great place to build or develop. Asking $179,900. MLS 122045.
38 acres well treed secluded acres with 1452’ on the Montreal River at the edge of Matachewan, services at the road. Private spots to build or camp. Asking $104,900. MLS 140838
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2514_DJW_0139
Solid block 5700 sq building & business downtown Englehart, no competition, seller will train. Includes inventory & equipment. Asking $245,000. MLS 132614
Great location for visibility & access. Surrounded by Hwy #11, #569 & Development Road. Fully fenced & graveled 2.34 acre property with 3 gated entrances. 40’ x 60’ 3 year old well insulated shop with office & storage. Lots of potential with general Industrial Zoning 9 miles north of New Liskeard. Asking $349,900. MLS 140081
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HIGHWAY #11 LIQUIDATION STORE
Please say you saw it in The Commercial Investor
Central Ontario
brokerage New Liskeard, Northern ontario
9857729_2514
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Volume 14 Issue 06
PUTTING THE PIECES TOGETHER LEASE WITH OPTION TO BUY
W
Central Ontario
e found an attractive parcel of land, ideal for our Buyer client’s latest commercial venture. However, coming to terms on the price for the property turned out to be a battle of wills between a well-heeled and non-motivated Seller and our Buyer. The Seller knew the property’s location and growing positive demographics would one day reap him the inflated number. The Buyer, on the other hand, knew the future was good for his business, but could not justify the Seller’s price at that specific time.
did receive his land asking price through the larger exercised Option.
All along in the negotiations, the Seller knew about the financial strength and integrity of the Buyer. Through this growing relationship, we negotiated a transaction whereby the Seller advanced substantial money to the Buyer, so he could construct a brand new facility. In exchange, the Buyer and Seller entered into a long term lease, with the Buyer having an Option to Purchase the property over a period of time.
When viewing property, it is important to analyze the potential future highest and best use. To accomplish this, we continually research existing zoning, official plans, current and future demographic trends etc. In addition there may be an opportunity to incorporate concept site and building plans to determine further “what-if” options.
The Buyer took advantage of an excellent location, expanded the business, and was able to exercise his option through well over 100% bank financing based on the appraisals completed at the time of the option being exercised. We took this formula to yet another location in another city, with similar success. There are various additional interesting creative opportunities for Sellers and Buyers alike via leasing real estate with options to purchase. The Buyer will realize benefits of property ownership (including appreciation) without the potential early financial need. Depending on the Seller’s situation definite tax planning benefits can accrue. As an example, multiple Seller and Buyer benefits may accrue from a seldom used but viable alternative of selling property improvements and leasing the land, with an option to purchase at a future date. Ideas to think about!
However, all this technical work-up is meaningless until an understanding of the Seller’s motivation is understood. In other words, what will the Seller do to help manufacture a transaction? It is imperative to determine the Seller’s ability and willingness to assist in making a transaction successful. There are numerous transaction ideas to share with Sellers that will, in the end, determine the potential and willingness to proceed to closing.
My Buyer, once his business was “proven up”, exercised his Option to Purchase.
By Darryl McCullough CCIM, Broker Since 1972, Darryl has been involved, through institutional, marketing and joint venture vehicles, in acquisition, disposition, finance and consulting of transactions throughout Canada and the U.S.
The Seller received a solid Net income stream for a number of years, had pride of ownership over this period and ultimately Darryl McCullough CCIM, Broker Royal Lepage Lakes of Muskoka Realty Phone: 705-641-8052 Darryl@royallepagecommercial.com
Please say you saw it in The Commercial Investor
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Commercial Real Estate & Business Opportunities
Serving Central and northern ontario
Broker
darryl@royallepagecommercial.com chris@royallepagecommercial.com
Chris Bedforth Sales Representative
705-641-8052
705-706-3993
LAKE ROSSEAU
SINGLE TENANT - PASSIVE 5.9% CAP RATE
ORILLIA - PROFITABLE
2514_DJW_0052
2514_DJW_0051
Greater Sudbury. Offering an existing 3% cap rate including 40 additional acres of “NOW” development land. Very busy 20K + car count at signalized corner. Gap study available. $1,990,000. Seller is counselled and will assist in a creative transaction structure.
$290,000. Bring yourself to the lifestyle. Busy general store, gas bar, 3 bdrm home, spacious yard. Serving the local and cottage markets with many growth opportunities. Call Chris. MLS.
2514_DJW_0053
.43 acre site in a very attractive Muskoka town overlooking beautiful falls and river. Vacant land component with several options for development. Added bonus via existing holding income from existing duplex. $365,000. MLS. Seller is counselled and will assist in a creative transaction structure.
Without doubt one of the most popular year round lunch and dinner restaurants in the city. Profitable turn-key operation with further upside. Inside & outside seating for 135. Hands-on owners retiring. Priced to sell. Call Chris. MLS.
Greater Sudbury. A simple coupon clipper. Excellent long term tenant with over 140 Ontario locations. At this growing location for almost 25 years. $1,360,000.
BUILD TO SUIT
NEW DEVELOPMENT
2514_DJW_0054
2514_DJW_0055
MUSKOKA WHARF SALE OR LEASE
We have two (2) excellent Lake Muskoka pad site locations in Gravenhurst at the “Wharf”. High exposure locations offered for relocation, expansion and/ or start-up of your business. Beautiful rich lifestyle community with amenities to match. Sites offered at $199,000 and $225,000. MLS.
2514_DJW_0056
$2,399,000. Excellent quality Resort at well known attractive location. 12 buildings housing over 65 beds on 6 acres. Indoor pool. Backs onto well known golf course. Ideal to continue as a resort, or convert to family compound, school, non-profit, retirement etc. MLS.
At new signalized intersection. High visibility. From 1 acre to 50 acres. Quick service restaurant, hotel, assisted living, car dealership, etc. Land sales. Build to suit. Land lease, etc. Seller is counselled and will assist in a creative transaction structure.
Bring your business to the lifestyle. 3,200 sq. ft. new freestand for lease to your specs. Call Chris. Exclusive.
EQUITY AVAILABLE FOR DEVELOPERS 2514_DJW_0057
EXISTING INCOME PLUS “NOW” DEVELOPMENT EXPANSION 2514_DJW_0050
JUST LISTED - MUSKOKA BUSINESS OP 2514_DJW_0049
2514_DJW_0048
JUST LISTED - REDEVELOPMENT SITE
We have multi-family, townhouse and land lease community sites available for qualified capable developers seeking land development opportunities from 8 to 100 units. Our client land owners will contribute up to 100% of their land for your project.
Please say you saw it in The Commercial Investor
Central Ontario
Darryl McCullough CCIM
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®
GRAND CENTURIoN® 2013 AND 13Th IN CANADA foR CENTURy21
Don Campbell Real Estate Ltd. Brokerage. 36 Andrew St. South, Orillia
8133603_2514 2514_DJW_0099
2514_DJW_1_0125
Harold Holmes Sales Representatives Bus: 705-325-1366 800-498-8775 Direct: 705-329-8915 haroldholmes@realestate-orillia.com 2514_DJW_1_0126
$699,000 2514_DJW_0100
$1,500,000 & $890,000
QUARRY POTENTIALS 52 ACRES, SPACIOUS HOME & HUGE SHOP • House has 4176 sq.ft. living space, 5 bedrooms, 3 baths • Walk outs from two levels incl. family room & rec room • Steel clad shop 32’ x 96’ • 400 amp electrical service, two well & septic systems, geothermal heating system • Zoning is agricultural & rural which allows a wide range of uses including a horse farm, dog kennels, etc. • Located West of Orillia, this 52 acres is partly fenced, mixed bush & cleared level land w/direct highway access. • MLS #740590035
(1) $1,500,000 • 151 acre property zoned RU surrounded by quarry development. • Site in on a Haul route & has approx. 1 million tonnes of dimensional stone, armour stone, flagstone, waterfall rock & some w/ weathering. • Owner is in the process of doing studies to obtain a Class B licence to remove 20,000 tonnes per year w/many studies, drawings and sketches completed. (2) $890,000 • 200 acres adjacent to a licenced quarry • This is in an area designated for aggregate
$599,000
RUN YOUR OWN MARINA BUSINESS • 243 feet on Severn River just off Highway #11 • Located in cottage country on the Trent Waterway System • Building has 5 residential apts for extra income • Commercial space for a Marina w/boat launching & storage • Parking for many cars • MLS #480420640
MOTEL IN ORILLIA WILL BECOME AVAILABLE FOR SALE OVER THE NEXT TWO WEEKS. LOCATED ON A BUSY ARTERIAL STREET, IT WILL REQUIRE SOME UPDATING, AND WILL BE PRICED TO SELL.
businesssmarts Central Ontario
Finding ways to attract and retain top talent
T
he cost of hiring and training new employees is significant for any organization and it can be especially challenging for small and medium sized businesses.
• A flexible schedule is a bonus – A flexible schedule is increasingly becoming an important factor in employee satisfaction. Many employees, including those with long commutes or young children, often want the flexibility to shift their working hours.
“Attracting and retaining top talent is a sure way to keep your business competitive,” explains John Carinci, head, Group & Business Markets, RBC Insurance. “However, it can sometimes be a challenge for small and medium sized business owners to find the time to research and identify what their employees really want.”
• Maintain a positive work culture – Small businesses can offer something that larger companies sometimes can’t – a tightknit team. Feeling connected to other colleagues not only makes the workday more enjoyable, but can also increase employee commitment and productivity.
RBC Insurance offers the following ideas to help your business retain its top talent: • Watch for the warning signs – Watch for any red flags that may signal an unsatisfied employee and focus on employee engagement throughout the year, not just during performance review periods.
• It’s all about the total package – Along with a competitive salary, employees want a full suite of benefits – disability, health, dental insurance, retirement plans and more. This can be challenging for smaller businesses, but there are options. For information, visit rbcinsurance.com/groupbenefits. NC
Please say you saw it in The Commercial Investor
Volume 14 Issue 06
Commercial Real Estate & Business Opportunities
59
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
SECTION COVERING: Lindsay Peterborough Port Hope Bowmanville
Cobourg Trenton Belleville Kingston Northeastern Ontario
For advertising
contact Doreen Wills Tel: 1-800-268-0077 or 905-570-9283
doreen.wills@wall2wallmedia.com thecommercialinvestor@wall2wallmedia.com
EASTERN ONTARIO
EASTERN ONTARIO
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Commercial Real Estate & Business Opportunities
ProAlliance Realty, Brokerage INDEPENDENTLY OWNED & OPERATED 51 Main Street, Brighton, Ontario, Canada K0K 1H0 Office:
Jim & Mary Shortt
613-475-6242 877-233-3667
Toll Free:
Direct: Fax:
613-475-1966 613-475-3880
BRIGHTON - a vibrant, growing municipality just 90 minutes 11280561_2514
east of Toronto and the gateway to Presqu’ile Provincial Park.
THE OLD ORLAND MILL
8177055_2514
Build 1879 and situated on 4.19 acres & includes both sides of Cold Creek. Manufacture zoning. 19,000 sq. ft. +/with 9,000 on the main floor includes a large show room, office, and manufacturing area at the rear. The 2nd & 3rd levels offer an additional 10,000 sq. ft. Also a 4 bedroom older home with large dining & living rm, updated kitchen cabinets, @ gas furnace. Endless possibilities. Located just 15 minutes North of 401. MLS #2142296 & MLS 2514_DJW_0010 #2142298
ProAlliance Realty Brokerage
BRUCE COOKE BBA, CCIM, SIOR Commercial Sales Representative
Independently Owned & Operated
Office: 613-966-6060
E-mail: bruce@cookeproperties.com
$979,900 16 APARTMENTS 9.67% CAP
MAtthEw COOKE B.COMM MEAghAn COOKE BA, Sales Representative
Sales Representative
Office: 613-966-6060 Direct: 613-243-5146
Office: 613-966-6060 Direct: 613-243-3949
matthew@cookeproperties.com
$1,980,000 INDUSTRIAL 55,000 SF TRENTON
meaghancooke@hotmail.com
$5,900,000 POWER OF SALE
Eastern Ontario Gross income $144K, excellent condition on huge lot, 12 Located on 5.7 acre fenced lot on Hwy #401 in Trenton, 24 83 acre lot on Bell Blvd for proposed Casino & Race Track. of apartments were renovated in 2013, all new windows, ft clear ceiling ht, 1200 AMP service, 7 loading doors, 75% Just minutes West of Quinte Mall & Home Depot in Bellocated on the outskirts of London. leville. High traffic flow and great visibility. 2514_DJW_2_0093 2514_DJW_3_0090 leased, overhead cranes included. 2514_DJW_3_0092
$395,000 7,305 SF COMMERCIAL BLDG
$265,000 FAMILY RESTAURANT BUSINESS
$359,900 INVESTMENT PROPERTY TRENTON
Former public school converted to a Legion and Church has had Well established restaurant at the entrances of the Industrial Park Leased @ $39,690/year plus utilities. Established tenextensive renovation. Excellent condition on 6 acre fenced lot in and a few blocks from the Sports Centre. Turnkey business, high ant, good location. Approx 7,000 SF, 1.5 hours East of Toronto. 2514_DJW_2_0094 volume, pleasant atmosphere, great location. 2514_DJW_1_0095 2514_DJW_0133 the City of Belleville. Fantastic opportunity.
Please say you saw it in The Commercial Investor
Volume 14 Issue 06
61
Commercial Real Estate & Business Opportunities
Colin Henden Re/Max Quinte Ltd., Brokerage* *Each office Independently Owned & Operated
Sales Representative
office: 613-476-5900 toll free: 1-855-330-5900 cell: 613-922-2251 email: colinhenden@remax.net
www.colinhenden.com DOWNTOWN WELLINGTON
DOWNTOWN BLOOMFIELD
2514_DJW_0106
Circa 1875 brick building in tip top condition. Ideally situated in trendy Bloomfield Village - centrally located in Prince Edward County (Ontario newest wine region!). Turn-key operation consisting of restaurant, cafe & bakery/ deli. Three dining areas, one with a natural gas fireplace, plus seasonal patio - liquor licence for 45 guests. Successfully run as Bloomfield Carriage House Restaurant & Marshmallow Room for almost nine years. Residence on upper level, offering three bedrooms, kitchen, living & dining rooms & bath, plus private, off-street parking. Great opportunity to run your own business in a vibrant village setting! Listed for $549,900... building only listed for $450,000. MLS 2140235 and 2142865. 2514_DJW_0105
Exceptional & multi-faceted, this property features a charming & successful cafe restaurant. The Tall Poppy Cafe is situated a short block from the Lake in the heart of the growing Village of Wellington. Popular with the locals & sought after by tourists throughout the year, the restaurant features an ever-changing blackboard menu w/fresh locallly-source ingredients & home-baked goods. It seats 48 & is licensed by the LLBO. Open 7 days a week for breakfast, lunch & occasional themed dinners. Trip Advisor says; “....a great little spot with a bistro feel. Would highly recommend.” The restaurant is offered as a turn-key operation with both an attached rented commercial space & a spacious upper floor apartment with it`s own entrance (long term or seasonal vacation rental). There is also a group function & office space above the restaurant. A wonderful opportunity to continue an established, successful business in Prince Edward County in the heart of Ontario`s newest wine region! Listed for $799,000. MLS 2143147
BLOOMFIELD LOG HOME WITH COMMERCIAL ZONING
COUNTRY COMMERCIAL PROPERTY
A magnificent majestic Pan-Abode log home situated on almost an acre of property in the picturesque Village of Bloomfield. Located within walking distance of downtown shops, eateries, churches, bank, post office, Pinecrest School & only a short drive to Sandbanks. This unique property backs onto historic Bull’s Creek & features lovely mature trees and gardens. The home offers three levels of tastefully-finished living space with a bathroom on each floor. The main floor features a stunning Great Room with natural gas-fired, brick-faced fireplace and walk-out to large deck & new hot tub, a wellappointed kitchen & spacious dining room. The lower level offers even more living space with another brick-faced fireplace, laundry room & walk-out. Another unique feature is a separate 750 sq. ft. building set up as guest suite with kitchen, bathroom & even a Murphy bed! Fabulous home for a home business separate from family quarters - commercial zoning allows many uses. Listed for $625,000. MLS 2143557.
This 3500 sq ft commercial building sits on 2.2 acres surrounded by farmland. The building features an office, retail space, warehouse and storage area. The ceiling is 14 ft high in the shop area with a 13 ft wide and 12 ft high insulated door. Many uses available for this property! Located within 20 minutes to Belleville and minutes to Picton. Listed for $329,000. MLS 2136995. Call for details!!!
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All-Stars Realty Inc., Brokerage
705-738-2378
705-738-7444
brainsforth@i-zoom.net w w w. ba rr yra i n sfo r th . co m
9764473_2514
Barry Rainsforth., Broker
SINGLE LONG TERM TENANT SOBEYS FOODLAND
BOBCAYGEON ON. (100km north of GTA) 1.5 acres on Bolton St. BOBCAYGEON Current long term lease 2039 $163,000 to 2019 net, net, net 23,160 sq. ft. updated grocery store $2,000,000 spent in 2012 Plus 2600 sq. ft. stone office with 4000 sq.ft. open market area potential 30K rent Appraisal $3,000,000 (2013) Assessment $2,700,000 (2013) MLS X2675933 MLS 1340333 2514_DJW_2_0075
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Eastern Ontario
COMMERCIAL/INVESTMENT OPPORTUNITY $3,000,000
62 cmhc
Volume 14 Issue 06
Commercial Real Estate & Business Opportunities
Canada’s Rental VaCanCy Rate remains unchanged
A
ccording to the spring Rental Market Survey1 released recently by Canada Mortgage and Housing Corporation (CMHC), the average vacancy rate for primary purpose-built apartments in Canada’s 35 major centres2 was 2.7 per cent in April 2014, unchanged from April 2013.
“The stability of the national vacancy rate is due to supply and demand factors,” said Bruno Duhamel, manager of Economic and Housing Analysis. “Demand for rental housing continues to be supported by population gains from net migration and stable employment levels for young workers aged 20 to 24”.
CMHC’s Rental Market Survey is conducted twice a year in April and October, to provide vacancy, availability and rent information on privately initiated structures in all centres with populations of 10,000 and more across Canada. Reports are released in June and December. Note that there are differences between the fall and spring surveys. The spring survey covers apartment and row structures containing at least three rental units, and, unlike the fall survey, does not report information on: a) Smaller geographic zones within centres; b) Secondary rental market (rented condominium apartments, single detached, semi-detached, duplexes or accessory apartments).
1
Major centres are based on Statistics Canada Census Metropolitan Areas (CMAs) with the exception of the Ottawa-Gatineau CMA, which is treated as two centres for Rental Market Survey purposes and Charlottetown, which is a Census Agglomeration (CA).
2
To access CMHC’s 2014 reports on the rental market visit www.cmhc-schl.gc.ca.
The results of CMHC’s spring survey also revealed that major centres with the lowest vacancy rates in April 2014 were Edmonton and Calgary (1.4 per cent each) and Kelowna (1.5 per cent). The major centres with the highest vacancy rates were Moncton (10.7 per cent), Saint John (10.0 per cent), and Charlottetown (8.7 per cent). The Canadian average two-bedroom rent in new and existing structures was $930 in April 2014. With respect to the census metropolitan areas, the highest average monthly rents for two-bedroom apartments were in Vancouver ($1,274), Calgary ($1,267), and Toronto ($1,241). The lowest average monthly rents for two-bedroom apartments were in Saguenay ($562), Trois-Rivières ($571) and Sherbrooke ($594). As Canada’s national housing agency, CMHC draws on more than 65 years of experience to help Canadians access a variety of high quality, environmentally sustainable TheRentersGuide.ca and affordable housing solutions. CMHC also provides reliable, impartial and up-todate housing market reports, analysis and knowledge to support and assist consumers and the housing industry in making informed decisions. TheRentersGuide.ca
1.0 rental market indicators 1
(table on next page) Major centres refer to Census Metropolitan Areas (CMA), except for Charlottetown.
The Percentage Change of Average Rent is a measure of the market movement, and is based on those structures that were common to the survey sample for both years.
2
3
Includes both Alberta and Saskatchewan portions of Lloydminster CA.
Does not include Alberta portion of Lloydminster CA. For Lloydminster CA data, refer to Saskatchewan Highlights report.
4
The following letter codes are used to indicate the reliability of the estimates: a - Excellent, b- Very good, c - Good, d - Fair (Use with Caution) ** Data suppressed to protect confidentiality or data not statistically reliable. ++ Change in rent is not statistically significant. This means that the change in rent is not statistically different than zero (0). n/u: No units exist in the universe for this category n/s: No units exist in the sample for TheRentersGuide.ca this category n/a: Not applicable 5 indicates the year-over-year change is a statistically significant increase, 6 indicates the change is a statistically significant decrease, while – indicates that the change is not statistically significant.
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Volume 14 Issue 06
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Commercial Real Estate & Business Opportunities
1.0 rental market indicators Privately initiated apartment structures of three units and over Provinces and major centres1
Centres
Vacancy Rates (%) Apr 13
Apr 14
Availability Rates (%) Apr 13
Average Rent 2 bedroom ($) new and existing structures
Apr 14
Apr 13
Apr 14
Average Rent 2 bedroom ($) new and existing structures Apr 12 to Apr 13
Apr 12 to Apr 13
2.6 b
Newfoundland & Labrador 10,000+
1.7 1.7a a
4.3 4.3b b 5
2.0 a
4.8 b 5
751 a
785 a
5.1 b
St. John’s CMA
1.5 a 1.5a
4.8 b 5 4.8b
1.9 a
5.4 b 5
832 a
857 a
5.5 b
2.5 c
Prince Edward Island 10,000+
7.8 b 7.8b
8.5 a 8.5a
9.3 a
9.3 a -
808 a
803 a
1.0 a
++
Charlottetown CA
8.7 b 8.7b
8.7 a 8.7a
10.6 a
9.6 a -
831 a
814 a
1.2 a
++
Nova Scotia 10,000+
3.4 a 3.4a
4.5 a 5 4.5a
4.5 a
5.9 a 5
918 a
959 a
2.0 b
1.0 a
Halifax CMA
3.0 a 3.0a
4.1 a 5 4.1a
4.2 a
5.8 a 5
965 a
1,010 a
2.1 b
0.9 d
New Brunswick 10,000+
7.6 a 7.6a
9.1 a 5 9.1a
8.6 a 10.0 a 5
716 a
725 a
1.5 a
++
Moncton CMA
7.4 a 7.4a
10.7c 5
8.8 a 11.9 c 5
744 a
768 a
1.6 b
++
Saint John CMA
10.4 c 10.4c
10.0b -
11.1 a 10.7 c -
703 a
687 a
++
++
Québec 10,000+
3.1 b 3.1b
2.9 a 2.9a
6.0 a
5.9 a -
691 a
709 a
2.1 b
2.2 b
Ottawa-Gatineau CMA (Que. Part)
4.0 b 4.0b
5.8 b 5 5.8b
6.4 b
7.8 b 5
746 a
740 a
**
++
Montréal CMA
3.0 a 3.0a
2.7 a 2.7a
5.9 b
5.2 b -
719 a
742 a
1.9 c
2.3 c
Québec CMA
2.2 b 2.2b
1.8 a 1.8a
6.1 b
7.5 b 5
763 a
766 a
**
1.5 c
Saguenay CMA
2.9 a 2.9a
4.1 c 5 4.1c
6.6 b
6.2 b -
560 a
562 a
**
2.2 c
Sherbrooke CMA
4.6 b 4.6b
4.7b 4.7b
7.0 b
8.3 a 5
586 a
594 a
2.2 c
2.5 c
Trois-Rivières CMA
3.9 b 3.9b
3.4 b 3.4b
6.1 b
8.4 b 5
562 a
571 a
4.1 c
1.5 c
Ontario 10,000+
2.6 a 2.6a
2.8 a 5 2.8a
4.5 a
4.9 a 5
1,046 a
1,072 a
3.0 a
2.7 a
Barrie CMA
2.9 b 2.9b
2.1 a 6 2.1a
5.5 b
3.5 b 6
1,055 a
1,052 a
2.9 a
1.4 a
Brantford CMA
3.4 c 3.4c
4.4 b 4.4b
3.8 b
6.6 b 5
816 a
831 a
2.2 c
2.4 b
Greater Sudbury/Grand Sudbury CMA
2.9 a 2.9a
5.0 b 5 5.0b
4.6 b
6.6 b 5
920 a
940 a
2.4 c
++
Guelph CMA
1.6 a 1.6a
1.7 b 1.7b
2.8 a
3.7 b 5
942 a
967 a
3.3 a
3.4 a
Hamilton CMA
3.7 a 3.7a
3.9 a 3.9a
5.7 a
6.2 a 5
922 a
943 a
3.3 b
2.8 a
Kingston CMA
2.4 a 2.4a
3.4 b 5 3.4b
5.3 a
5.8 a -
1,027 a
1,057 a
3.3 a
3.1 c
Kitchener-Cambridge-Waterloo CMA
3.4 b 3.4b
3.6b 3.6b
5.1 b
5.7 a -
936 a
960 a
3.9 a
2.9 a
London CMA
3.1 a 3.1a
3.6a 5 3.6a
5.9 a
7.7 a 5
920 a
921 a
2.3 a
1.5 a
St. Catharines-Niagara CMA
3.5 b 3.5b
3.8 b 3.8b
5.6 a
6.4 a 5
868 a
896 a
1.6 c
2.2 b
Oshawa CMA
1.6 a 1.6a
1.6 a 1.6a
3.0 a
2.2 a 6
943 a
1,005 a
2.0 b
4.0 d
Ottawa-Gatineau CMA (Ont. Part)
3.7 b 3.7b
3.2 a 6 3.2a
6.8 a
6.6 a -
1,130 a
1,136 a
2.3 c
1.3 a 1.7 b
Peterborough CMA
3.4 b 3.4b
3.7b 3.7b
5.6 b
6.5 b 5
910 a
941 a
1.8 b
Thunder Bay CMA
2.4 a 2.4a
2.4 a 2.4a
3.7 b
4.1 a -
834 a
862 a
3.9 b
**
Toronto CMA
1.6 a 1.6a
1.9 a 5 1.9a
3.2 a
3.5 a 5
1,202 a
1,241 a
3.2 c
3.2 d
Windsor CMA
6.3 a 6.3a
5.0 b 6 5.0b
8.1 a
7.1 a 6
780 a
801 a
2.0 b
2.0 b
Manitoba
1.8 a 1.8a
2.1 a 2.1a
2.6 a
3.3 a 5
912 a
940 a
3.5 b
3.2 c
Winnipeg CMA
1.9 a 1.9a
2.0 a 2.0a
2.7 a
3.4 a 5
939 a
969 a
3.6 b
3.4 c
Saskatchewan 10,000+3
3.0 3.0a a
3.3 3.3a a 5
4.0 a
4.6 a 5
977 a
1,036 a
4.1 a
4.3 a
Regina CMA
1.9 a 1.9a
2.5 a 5 2.5a
2.7 a
3.4 a 5
1,001 a
1,053 a
4.7 a
3.2 b
Saskatoon CMA
3.3 a 3.3a
3.0 a 6 3.0a
4.9 a
5.0 a -
1,020 a
1,075 a
3.7 b
4.4 a
Alberta 10,000+4
1.5 a 1.5a
1.8 1.8a a -
2.5 a
2.6 a -
1,117 a
1,190 a
5.3 a
5.5 b
Calgary CMA
1.2 a 1.2a
1.4 a 1.4a
1.7 b
2.7 a 5
1,202 a
1,267 a
7.2 a
5.0 b
Edmonton CMA
1.2 a 1.2a
1.4 a 1.4a
2.3 a
2.0 a -
1,077 a
1,180 a
4.2 a
6.4 c
British Columbia 10,000+
3.5 a 3.5a
2.4 a 6 2.4a
4.4 a
3.6 a 6
1,069 a
1,090 a
1.5 b
1.8 b
Abbotsford-Mission CMA
4.7 a 4.7a
3.7 a 6 3.7a
5.2 a
4.6 a 6
823 a
826 a
3.1 b
0.7 b
Kelowna CMA
4.8 a 4.8a
1.5 a 6 1.5a
5.8 a
3.1 a 6
947 a
964 a
1.1 a
0.5 a
Vancouver CMA TheRentersGuide.ca
2.9 a 2.9a
1.8 a 6 1.8a
3.7 b
2.8 a 6
1,255 a
1,274 a
1.4 a
2.1 c
Victoria CMA
3.4 b 3.4b
2.7 a 6 2.7a
5.1 b
4.6 a -
1,076 a
1,084 a
1.2 a
1.0 d
Canada CMAs1
2.7 a 2.7a
2.7a 2.7a
4.9 a
5.0 a -
911 a
930 a
2.7 a
2.6 a
Canada 10,000+
2.9 a 2.9a
2.9a 2.9a
5.0 a
5.1 a -
884 a
904 a
10,000+
TheRentersGuide.ca
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64
Commercial Real Estate & Business Opportunities
Volume 14 Issue 06
NIAGARA
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
NIAGARA SECTION
COVERING: Niagara Falls Niagara-onthe-Lake St. Catharines Thorold
Welland Fort Erie Beamsville Fonthill Port Colborne
For advertising
contact Doreen Wills Tel: 1-800-268-0077 or 905-570-9283
doreen.wills@wall2wallmedia.com thecommercialinvestor@wall2wallmedia.com
Volume 14 Issue 06
Commercial Real Estate & Business Opportunities
65
www.dtz.com DTZ Barnicke Niagara Limited, Real Estate Brokerage 4056 Dorchester Rd. Niagara Falls, ON L2E 6M9
905-354-7413
9866060_2514
50 WILLIAM ST., ST. CATHARINES 2514_DJW_0036
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16 DUFFERIN ST., FORT ERIE
1627 NIAGARA STONE RD., NOTL 2514_DJW_0038
Fully leased office building 9,150 sq. ft. (2 tenants) Downtown St. Catharines - Walking distance to most amenities On site parking for 14 vehicles. REDUCED TO: $699,000 Contact: Greg Chew, Sales Representative Greg.chew@dtzbarnicke.com
2514_DJW_0037
Fully air conditioned 32,500 +/- sq ft industrial building. Approx. 10% office, balance warehouse with 15’ ceiling hgt. 2 truck level doors & 1 O.H. door at rear On site parking for 20 cars with additional at rear. Quick & easy access to the Q.E.W. OFFERED AT $1,299,999. Contact: Mike Halliday, Sales Representative mike.halliday@dtzbarnicke.com
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ROLLING MEADOWS GOLF CLUB
5534 STANLEY AVE., NIAGARA FALLS 2514_DJW_0040
13,000 sq. ft. 2 storey Commercial building available High traffic location in the heart of Virgil Multi-tenant potential LISTED AT $1,295,000 Contact: Taylor Wilson, Broker of Record taylor.wilson@dtzbarnicke.com Or todd.crawford@dtzbarnicke.com
2514_DJW_0039
14 unit 2 storey walk-up apartment complex Full basement with coin laundry Very clean - New roof, eaves & downspouts 7-2 bdrm., 5-1 bdrm & 2 bachelors OFFERED AT $840,000 Contact Ralph Roselli, Sales Representative ralph.roselli@dtzbarnicke.com
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Montrose at Yokom Rd., Niagara Falls 18 Hole Semi private golf club Under power of sale LISTED AT $2,995,000 Contact: Mark Stevens, Sales Rep. or Todd Crawford, Broker mark.stevens@dtzbarnicke.com
Glengate Hotel - 60 room hotel w/full basement High traffic location at the gateway to Tourist District Many recent improvements OFFERED UNDER P.O.S.: $2,700,000 Contact: Grey Chew, Sales Representative
BROKERAGE APPRAISALS MANAGEMENT
Connected Globally. Focused Locally. Please say you saw it in The Commercial Investor
Niagara Peninsula
2514_DJW_0035
42 WRIGHT ST., ST. CATHARINES
Volume 14 Issue 06
Commercial Real Estate & Business Opportunities
Steven Kealey, BA, MSc
“Income Property Advisors”
Broker of Record
Phone: 905-734-6000 www.CastleQuest.ca
11269934_2514
66
Steven@CastleQuest.ca
Investment Real Estate, Brokerage*
www.IncomePropertyAdvisors.ca 11-Unit Building -- $600,000
6-Unit Building -- $260,000
-- Gross Income: $82,497 -- Net Income: $43,213 -- Cap. Rate: 7.20% -- Return On Investment: 39.22% Details at: www.CastleQuest.ca
-- Gross Income: $35,400 -- Net Income: $18,587 -- Cap. Rate: 7.15% -- Return on Investment: 32.36% Details at: www.CastleQuest.ca
6-Unit Building -- $395,000
-- Gross Income: $50,677 -- Net Income: $28,276 -- Cap. Rate: 7.16% -- Return on Investment: 38.90% Details at: www.CastleQuest.ca
Offices &Storefronts For Lease
-- 47 East Main St.. Welland: 700 Sq. Ft. of stunning office or retail space for lease across the street from City Hall - $900/mo. -- 278 East Main St., Welland: 1,000 Sq. Ft. office suite with 3 offices, boardroom, kitchen & basement storage - $800/month
11-Unit apartment building fully rented to good tenants in a quality location near two major plazas. Rear paved parking lot for 11 cars included in price. Most tenants pay their own hydro on separate meters. New energy efficient coin-laundry machines. Substantial capital improvements with recent updates to ceramic tile hall flooring, new coin laundry room, new vinyl windows, front landscaping & extensive apartment upgrades. Listing Brokerage BOR is related to Seller.
To view Photo Tours and Full Details of these income properties & others, visit our websites at:
www.CastleQuest.ca www.IncomePropertyAdvisors.ca
or call Steven Kealey, Broker of Record, at 905-734-6000
moneysmarts
Tips when choosing a group insurance plan for your small business
A
well-designed group benefits plan can offer significant advantages for your employees and your business. It can help you attract and retain top talent; promote a healthy work environment; and differentiate your business from your competitors. Niagara Peninsula
“A group insurance plan can be a flexible and affordable way to enhance your total compensation package,” explains John Carinci, head, Group & Business Markets, RBC Insurance. “Many Canadian employees identify their benefits plan as a key reason for remaining with their current employer. In fact given the choice, 59 per cent of employees would prefer group benefits over a 10 per cent salary increase.” Before choosing a group insurance plan, consider the following three tips: • Define your objectives – To identify whether you need a basic plan or a comprehensive plan, first identify your
primary purpose for implementing a benefits package. The plan you choose may be different depending on whether your goal is to attract new talent, retain existing employees, or simply offer basic coverage. • Provide coverage your employees will use – Talk to your employees about their needs prior to selecting your group plan. By doing the research up front, you’ll avoid paying for features your employees won’t use while also aligning the plan to your stated objectives. • Choose a plan that is a good fit for you and your employees – A good benefits package provides a benchmark level of coverage that meets the needs of your employees, at a cost that you are comfortable with. Prepare a list of questions for your advisor to ensure you are delivering the best solution possible. For more information, visit: rbcinsurance.com/groupbenefits NC
Please say you saw it in The Commercial Investor
67
905-641-1110 Tony Tripodi cell: 289-241-6954 INDUSTRIAL * COMMERCIAL * INVESTMENT
Independently Owned & Operated
ST. CATHARINES - SUSHI RESTAURANT
FOR LEASE
Masterson Realty Ltd. Brokerage
Sales Representative Cell:
905-371-4372
dmilani1@cogeco.ca
2114_DJW_0005
Office: 905-358-5656
Dennis Milani, 11287033_2114
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2114_DJW_0006
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ST. CATHARINES – MEDICAL, PROFESSIONAL OFFICE SPACE FOR LEASE Looking for R.M. Therapist, Physiotherapist, Osteopath, Homeopath, Councilling and other related professionals. Low rental rates. Lots of free parking. Call Tony for more confidential details
Restaurant/Bar known as “The Niagara” Everything in place. Just walk in and start making money. Included is all equipment, chattels, complete karaoke system. Licensed, everything you need for a restaurant. Holds 189 including the covered patio. Great area corner of Queen and Crysler in the revitalized area of downtown. Now asking $275,000.
2114_DJW_0004
2514_DJW_0128
TURNKEY RESTAURANT AND BAR
Only approx.. 2,800 sq ft left in Lake/Carlton Plaza. Present tenants include Shoppers Drug Mart, Medical Clinic, Optometrist, Dentist, The Healing Centre. Large office. Plenty of free parking. Call Tony Now!
2514_DJW_0129
2514_DJW_0127
Located between the new and existing arenas. Fantastic exposure. Included in price is land, building and equipment. LLBO Licence. Seating capacity 37 indoor and 15 on outside patio. Recently renovated, with new siding, windows, new roof. Successfully operated for last 14 years. Owner retiring due to health issue. Asking only $195,000. Call today!
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Broker
tripodi@sympatico.ca
Garden City Realty Inc., Brokerage
10331793_2514
Commercial Real Estate & Business Opportunities
BECK RD., NIAGARA FALLS
STANLEY AVE., NIAGARA FALLS
74 acres of vacant land. Great location to build your country dream home. Enjoy the peace and serenity of country living. But still very close to city amenities, with the added advantage of being close to the new proposed NF hospital. Call Dennis direct 905-371-4372. MLS N30026912.
3.23 acre gateway property in the Fallsview tourist area. Great location for a highrise hotel, or highrise condo. Close to the convention centre, Marineland and Fallsview tourist attractions. Call Dennis direct 905-371-4372. MLS N30029480
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Volume 14 Issue 06
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Commercial Real Estate & Business Opportunities
Please say you saw it in The Commercial Investor
Volume 14 Issue 06
Volume 14 Issue 06
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Commercial Real Estate & Business Opportunities
Larry “BILKO” Bilkszto Your Local Sales Representative Since 1989
Garden City Realty Inc. Brokerage Independently owned and operated
Email - bilko@rgcmail.com Web - www.bilko.ca
(905) 641-1110 • (905) 563-3330 Toll Free (866) 575-9400 8494906_2514 TONS OF FARMS TO CHOOSE FROM IN THE NIAGARA REGION WITH BILKO. GREENHOUSES • VACANT LAND • VINEYARDS • TENDER FRUIT • HOBBY FARMS • COUNTRY ESTATES “BILKO”
84 acres of land out of the Green Belt yet close to all amenities. Approx 50 acres aerable & planted to cash crops. Balance is bush & hardwoods. Old gas well on property which worked in its day. Build your dream home in the country. Road frontages on Chantler & Poth. Not too many parcels of this size go on the market. $779,800
14 Acres! Niagara Bench land! 10 acres of vineyard. Bungalow w/3+ bdrms. Lrg kitchen, dining rm & living rm w/patio doors to balcony. Bright lower level w/walk-out, 4th bdrm, office & rec rm. Lrg block outbuilding w/hydro & 14' high doors. Work-shop w/attached 2 car garage. $1,199,800
54+ acres in Wine Country! Approx 21.5 acres planted to a vineyard in 1998, tile drained in 2005. Approx 16.5 open acres ready for planting. Balance 16.5 acres bush, pond, headland & barn.19mx12.5m insulated barn w/hydro. Solar cells 10kw solar elements installed. Power sold to NPE company. Apprx $11000.00 income per year. $1,499,800
25 acre peach orchard in NOTL. Sandy tile drained soil suitable for growing everything. Endless water for irrigation. Presently planted to various varieties of young peach trees. A 6000 sqft packing barn w/loading dock, 2 coolers, office & bathroom. Plus Approx $13,150/yr from a 2yr old $65000 solar system on the barn. $899,800
Award winning vineyard! A turnkey operation with contracts in place. 19.47 acres with 18 acres planted to 5 different varieties, all tile drained. 34 ft x 25 ft block 2 storey barn. Solid, spotless, 3 bedroom brick bungalow. Attached double car garage. $999,800
102 acre property in Meaford w/55 acre apple orchard & 10 acres of vacant land. 3 ponds, creek & ravines. 10 varieties of apples. 50x40 board & batten outbuilding, 120x25 outbuilding w/helphouse areafor 8 workers. Septic, water, 200 amps, 2-14x10 overhead doors, cold storage area & a heated 60x24 shop with 10x10 overhead door. 3 Bdrm brick bungalow w/2 bathrooms. $987,800
SPECIALIZING IN FARMS, AGRICULTURE, GREENHOUSES, ETC.. IN THE NIAGARA REGION!
Greg Howe
gamhowe@sympatico.ca
Sales Representative
6150 Valley Way, Niagara Falls ON L2E 1Y3
905-935-6838
905-346-2000
Independently Owned & Operated
Niagara Brokerage
11246794_2514
COMING SOON Lake Erie Lakefront Restaurant, Bar, Patio And Rooming House All In One, Crystal Beach 4080 ERIE RD, CRYSTAL BEACH NO DOWN PAYMENT Completely renovated 3+ REDUCED $153,000 bedroom, 2 story located right across from bay beach, will rent for $1000 per week in the summer. Zoned commercial, or earn $500 per day selling beach related products and fast food, the house is in mint condition, never been lived in since renovation, owner would consider trading for another house in the Niagara District.
46 RYKERT, ST CATHARINES, EXCLUSIVE LISTING
5345 SLATER AVE & 5302 STAMFORD ST NIAGARA FALLS
79 RIDLEY RD. ST. CATHARINES EXCLUSIVE LISTING
26 VICTORIA ST. PORT COLBORNE - TRIPLEX
FURTHER REDUCED $179,000 - 11% CAP RATE
One 3 bdrm @ $800 monthly plus gas and hydro. 2 - 1 bdrm @ $575 monthly each plus hydro (electric heat) maintenance fee character home located 1 block from downtown and half block from canal and historic West Street.
1714_DJW_2_0008
1714_DJW_3_0007
REDUCED $995,000
57 JOHN ST, THOROLD EXCLUSIVE LISTING
$1,690,000
1714_DJW_1_0026
Motel/Lodge consisting of 12 refurbished rooms with a main house Managers suite with living quarters, all surrounded by an abundance of flowers and greenery. Great return on Investment. Ideal for family run business. Minutes walk to Falls & Casino’s. I also have 4 more Motels/Hotels in the Heart of Tourist District with up to 52 rooms and $3.4 Million. All exclusive to me.
1714_DJW_2_0007
Newer 4 bay, 8200 sq. ft. mechanic repair shop. Many possibilities, 20 ft ceilings and 16 ft doors, parking up to 20 vehicles. Owner willing to assist with financing.
57 UNIT APARTMENT BUILDING IN NIAGARA FALLS, IN THE HEART OF THE NEW UNIVERSITY/COLLEGE CAMPUS PROPOSAL, AND GO TRAIN SERVICE. GOOD CONDITION ONLY $87,000. PER UNIT
1714_DJW_1_0015
Well established catering hall, bar and members only club, known as La Sila Banquet Hall, built 9 years ago, steay clientele, weekly dinners and special occasions within 2 separate halls both with large oak bars.
STUDENT RESIDENCE IN DOWNTOWN ST. CATHARINES, 107 ROOMS WITH 14,000 Sq. FT. OF COMMERCIAL SPACE, LOCATED ONE BLOCK FROM NEW ARENA AND A FEW BLOCKS FROM NEW ARTS CENTRE, STEADY CASH FLOW.
Please say you saw it in The Commercial Investor
Niagara Peninsula
1714_DJW_0098
$699,000 EXCLUSIVE LISTING
Newly renovated 4 unit brick 2 storey apartment building consists of 1 - 1 bdrm, 2 - 2 bdrm and 1 3 bdrm units. $$27,000 gross income, tenants pay hydro. $200,000 in renovations. Owner willing to assist with financing.
REDUCED $375,000
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Commercial Real Estate & Business Opportunities
Volume 14 Issue 06
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@wall2wallmedia.com thecommercialinvestor@wall2wallmedia.com
Volume 14 Issue 06
71
Commercial Real Estate & Business Opportunities
Mortgages
PRIVATE LENDING IS NOT JUST FOR RICH PEOPLE... IT WILL MAKE YOU RICH! For many years, we have been assisting people to make their money really work for them in mortgage lending. Most of the big, RICH, private lenders out there started out as just average people, that took the leap into mortgage lending regardless of what friends and family thoughts were. Many are stricken with fear of losing their money when contemplating this investment vehicle. Before dismissing this investment direction, consider the following points. Private lending can be very financially rewarding. Private lending is certainly not like putting funds into a guaranteed account with a guaranteed rate and a modest return. Yes, there is a bit more involved. The mortgage brokerage you work with is key. The typical brokerage will have a range of mortgage offerings that will include offerings that cater to individuals that are in a dire position. They may be losing their property and/or their mortgage is in arrears, their credit is challenged and they need to consolidate. The banks will not lend under such circumstances as the risk is too high. These are the type of deals I would not lend on, but are the basis of the high yielding returns. Lending criteria has changed so drastically in the past few years. Banks have really tightened up their lending rules, specifically when it comes to income properties. This is when a private lender can come into play and really leverage on this opportunity to make anywhere from 8-20% annual return. These clients generally have clean credit, good income and other assets. This would make for a safer investment. Lending your Self Directed RRSPs: You can utilize your RRSPs in this type of investment. Most folks are seeing very slim returns in their plans, unless you are in the industry of watching markets, you typically will not experience anything positive. The Self Directed route is really not too difficult in terms of process. The broker should handle the entre process from providing you the lender with the complete details of the investment so you can make an informed decision. – Check List: Credit bureau, credit application, appraisal or an evaluation, income and a scenario of why these borrowers are seeking funds. Note: Not all RRSP plan holders will allow for you to self direct your funds into mortgages. Please confirm with your plan holder as to their protocol on mortgage lending. I am aware of plans that do so and have worked with them for several years, some are much less work and make it easier and less costly for you the lender. You can also make equity in your home really work for you as the current rates are insanely low, borrow at a variable rate of 2.102.50% and lend at 9-20%, great profit. This is a great venue for people that are sitting on equity. For example, for a senior that has reduced income, this can bring you additional funds monthly and give you the peace of mind you are looking for. Scenario – Borrow a mortgage for 100K your monthly payment @ 2.25% interest and a 25 year amortization would be $436. Lend 100k at 14% interest at an interest only monthly payment of $1,167. Your profit is a super $731 per month. In addition, you are paying down your mortgage with this borrower’s interest payments. As a bonus, you are also paying down principal of $3,018 in the first year (this will increase over time). So, you can service your debt, pay-down your principal loan and earn extra income to build a retirement nest egg. Not bad. At the end of the typical one year term the funds come back and you can re-invest again. Ok, so that is the positive side of this investment vehicle. What about the risks? What if a borrower does not pay their mortgage? The private lender is typically in second position. It is imperative for you to confirm that the first mortgage is up to date so you can control the sale process. Don’t let this scare you. If you have a good loan to value on the property you will be in a good position to charge back costs plus any associated fees to the sale. The key in managing your risk is to do your proper due diligence on the property and get a realistic valuation from a reputable Appraiser or valuator. There is a lot of detail in this, but with proper counsel, the returns are worth this potential risk. Being a private lender has made people very wealthy. Do not let fear cripple your vision of having a great return. Contact carmen@profunds.ca for complete details and start to make your funds work for you – build your wealth.
Carmen@profunds.ca
www.Profunds.ca • invest@profunds.ca
1.888.330.3866
3390 South Service Rd., First Floor, Burlington, ON L7N 3J5 | 905.842.7011 x22 | Fax 905.842.7241 9649286_2514
Please say you saw it in The Commercial Investor
Business Investor
A member of
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Volume 14 Issue 06
Commercial Real Estate & Business Opportunities
DOORS SALES AND INSTALLATION
WOmAN’S/mEN’S AppAREL RETAILER
cNc mILLING AND TOOL FABRIcATION
The Company sells and installs overhead doors, installing doors for new construction condominium and high-rise rental apartments and distributing equipment and parts. Operating over 30 years - revenues are in the $5.5 M range and earnings in the $400K range.
Operating since 1992 with 12 stores located throughout key centers in Ontario, the business enjoys high margins with private branded products. Revenues are in the $5 million range and earnings in the $600K range.
The Company is engaged in heavy industrial and tool fabrication. Operating over 20 years in the GTA and with 25 highly trained employees, the Company generates revenues of $6 million with earnings in the $2 million range.
so
NDT pROVIDER Company provides NDT/NDE training, products, and services. Clients are in power generation, oil and gas, engineering training/consulting, and other service industries. Located 1 hour outside the GTA. Revenues are in the $7.5 M range with earnings averaging in the $500K range.
mANUFAcTURER OF AUTOmATION EQUIpmENT FOR FOOD INDUSTRY
mANUFAcTURER OF AUTO BODY TOOLS & EQUIpmENT Located in the GTA the Company manufactures tools and equipment for the auto body repair industry. Serving the aftermarket with 85 active customers in the US and 35 in Central and Western Canada, Company has revenues in the $3 million range.
mFG. TOpIcAL mEDIcAL pRODUcTS
LIFT TRUcKS AND HANDLING EQUIpmENT
Company manufactures niche topical medical products considered Class II medical devices in the US and Class I in Canada. And a range of topical personal care products. Located in the GTA with 8 FT, the business generates $2.5 M in revenues and earnings in the $450K range.
The company sells, rents and services handling and racking equipment serving the farm and construction industry. Located one hour west of GTA with over 500 accounts, Company generates revenues over $4 million and earnings in the $450K range.
so
Business Investor
Located in Southwestern Ontario the company provides advanced and robotic systems for poultry, beef, pork, cheese, sliced meats, readymade foods, and industrial washing systems for all segments of the food industry. Revenues in the $6 million range and earnings in the $900K range.
INjEcTION mOLD cOmpANY
Operating over 30 years and servicing the automotive industry the company employs 16 ft and generates over $2 million in revenues with earnings in the $350K range. Ownership will remain as needed to transition the business.
ENGINEERING cONSULTING The Company provides engineering consulting to building services, municipal services, private enterprise, transportation, Crown corporations, bridge design, and geotechnical. It serves multiple cities, counties, and districts in Ontario. Company employs 114 FT and generates revenues in the $13.5 M range.
ld
ld
HOmE cAREGIVER
Non-medical, in-home care company providing a wide range of services, meal preparation, housekeeping, errand services, grocery shopping, companionship, transportation services, personal care, laundry, respite care, recreational activities, 24-hour care, live-in care, and palliative care. Revenues are $1.2 Million and earnings are in the $225,000 range.
EQUIpmENT & DIES mFG. Operating since 1993 and located one hour outside the GTA - the Company specializes in the design and manufacturing of stamping dies and special purpose equipment. Revenues are in the $7 million range and earnings in the $2 million range.
“Selling Your Business is our Business” 416-780-0009 or 1-866-490-9991 Please say you saw it in The Commercial Investor
8157086_2514
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Mazhar Roshan Sales Representative
HomeLife Results Realty Inc.
Direct
905.318.3800 24 Hr. Pager 647.609.9463 GTA Direct mazharroshan@sympatico.ca
2514_DJW_2_0019
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Location location location, property in downtown core Hamilton. Currently use as a worship place. Buyer to do due diligence regarding future use and property taxes. For more information and details call Mazhar.
Plaza location, busy Hwy 6 South, anchor tenants include Royal Bank, Pizza Depot, convenient store. Store front approx 931 sq ft, good for retail, office or any other use. TMI is approx $6 PSF, immediate possession. Call for more details.
ED AT IV LER T L MO SE
LAND FOR SALE
3 T LY EF N L O TS LO
FOR LEASE - $15.00 PER SQ FT.
DOWNTOWN - HAMILTON $1,500,000
BROKERAGE
2514_DJW_1_0064
905.929.9800
Excellent investment opportunity for builder or your own home. Attractively priced bldg lots in prime Niagara area. Mins to QEW, Niagara Falls & US border. Nice country setting with munic water & n/gas avail. 12 lots to choose from, 1 with 4 acre parcel. Buyer responsible for costs, availability of permits, levies & dev charges.
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DESIREABLE ANCASTER LOCATION
On Wilson Street at the corner of Hwy #52. Across from the Ancaster Fairgrounds. Brand new Esso Gas Station and a modern restaurant coming soon. 7 units to choose from, has 2 bay auto garage. Good for any type of retail, office, commercial, warehouse or other uses. Call listing agent for further details. D TE VALER I T O EL M S
Long established mattress manufacturing business for sale, owner retiring. Lucrative opportunity for business enterpreneur, easy operation, money maker. Seller will provide full training and establish list, for more details call.
2514_DJW_1_6668
Retail commercial space in strip plaza. Anchored by Tim Hortons. Close to 403 exit and rapidly growing commercial sector. Suitable for many kinds of retail, commercial or office uses, TMI for 2012 is $5.00 per square foot, call LBO for more information and showings.
PLAZA
GREAT BURLINGTON LOCATION - $114,900
M
RETAIL STONEY CREEK MOUNTAIN
price reduced Restaurant/Bar/Poolhall business, runs on short hours Monday-Saturday, 15,000 sq ft facilitiy with very reasonable rent and long lease, hands-on entrepreneur needed, lots of potential, showings after 2 pm.
Prime Location. Investment Property. Anchor Tenant Bank. Also Convenience store and Pizza Franchise. Up to 7% CAP Rate. Worry Free Investment. Call for Details. (principals only)
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D TE VALER I T O SEL
FOR LEASE BRANTFORD
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Location, Location, Location! Long established variety store, doing 25K sales per month + lottery + more, need prudent enterpreneur, great for family run operation, long lease reasonable rent, call LBO for more information.
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BUSINESS FOR SALE
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BUSINESS FOR SALE BURLINGTON - $89,900
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.
HIGH VOLUME CONVENIENCE STORE
Doing up to $30,000 Weekly sales. Desirable location in Hamilton. Call for more details. 11G COM
legallyspeaking
Building or renovating commercial properties:
construction liens 101
By Jayson Schwarz and Konstantine Chatzidimos
I
f you construct or renovate a property you should know about construction liens and how they can affect real estate. A lien is, simply, a claim against property. A construction lien is a special kind of claim created by a statute called the Construction Lien Act. These liens are used by people who do construction work or supply materials and/or services for the construction, repair or alteration of land or buildings.
If you construct or renovate a property you should know about construction liens and how they can affect real estate. A lien is, simply, a claim against property. A construction lien is a special kind of claim created by a statute called the Construction Lien Act. These liens are used by people who do construction work or supply materials and/or services for the construction, repair or alteration of land or buildings. Lien rights do not replace, but add to any other rights suppliers or servicers may have for recovering their money at law. Among those who would ordinarily use construction liens are general contractors, trades people, surveyors, architects, designers and material suppliers. Construction liens encumber title to the property; effectively preventing the owner from mortgaging or selling it. The right to a lien arises as soon as 12G COM
someone provides services, work or materials to a construction site. The Act provides that this lien expires if it is not “preserved” – or registered – within 45 days after the last substantial supply of services or materials. Often times, the registration of the lien itself is sufficient to get the claim paid, unless, of course, there is a fundamental dispute about the sum owed. Even where the amount is in dispute, the party against whom the claim is made may pay the amount into court by cash or bond along with estimated court costs and the lien will be discharged with the parties battling it out later in court. If you then miss the period for registering your lien you can still sue in ordinary court. Registering a lien gives the lien claimant priority on title against any future mortgagee or owners of the property. This effectively prevents the property owner from mortgaging or selling the property without dealing with the lien claimant. Lenders will not provide construction money or financing on a property that has outstanding construction liens unless arrangements have been made for the settlement or discharge of the lien. Further, a purchaser will not be obligated to close a deal unless lien claims have been dealt with and removed from the title. In the instance where the claim is filed and the lien remains unpaid, the claimant has an additional 45 days (meaning a total of 90 days after substantial completion) to register a Certificate of Action against the lands and premises. This means a lawsuit has been commenced. If this additional step is not taken, the claim will normally expire. Often, the expense of multiple court actions by workers on the same project can be avoided by a process called“sheltering”in which claimants proceed under the umbrella of one claimant and sometimes share the costs. Under the Act, anyone paying another party to work on a construction project, or to provide materials or services, must hold back 10 per cent of the amount owing until the time for filing all liens relating to the holdback has expired. Normally, all funds are released once the 45-day period for all parties has passed. Obviously, the termination of the 45-day periods will be different
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Bill Bradley
YREALTYTY INC. BROKER YOUR WA WAY BROKERAG AGE
Sales Representative
Independently Owned & Operated
Unit 2, 1240 Speers Rd., Oakville ON
Tel: 905.815.9900
416.258.6866
exitwithbill@gmail.com
COMMERCIAL, REAL ESTATE & BUSINESS OPPORTUNITIES
2114_DJW_0017
1251 WHITE LANE, OAKVILLE
SPECIAL PRICE $1,100,000
2114_DJW_1_0079
Approx. 5,000 sq ft, wheel accessible 2 storey home with finished lower level with home theatre and games rooms, 7 bedrooms, 5 baths, offices, dream kitchen, situated on a large ravine lot with swimming pool, hot tub, cabana and large patio. MUST SEE!
1429 SPEERS RD. OAKVILLE
Over 1/2 acre on a comm, ind, retail, outside storage property. A 30000 sq ft building with 3 offices, 2 baths, storage and a shop in the lower level. Loading dock and drive-in at the rear of the property. Build onto or renovate.
$1,025,000
Strip Plazas and Retirement Homes Available From $1,000,000 to $15,00,000.
Call Bill Bradley at 416-258 6866
for all the parties, since their different stages of work and supply will have taken place at different times. Any individual who does not hold back the amount that they were supposed to, will still be liable for that amount and possibly more, if others further down the construction chain do not pay the amounts that they were supposed to. In the case of construction mortgages, the bank or lending institution will hold back 10 per cent of all money paid out until respective lien periods have expired. It is a good idea if you are considering registering a lien, to consult with your lawyer as soon as possible. Your lawyer will tell you what information you will need to register in a timely fashion. It takes time to prepare properly and register, don’t be late! In any registration process there can be glitches and things that need to be changed at the last minute. It is generally a good idea to plan to register by day 40 of the eligibility period in order to allow for any last-minute problems. The lien can be removed from title after either: its expiry for failure to perfect, a settlement in some fashion, payment into court by way of cash or bond, or a final judgment. There are costs and penalties for those who file false or inappropriate liens.
The Lien legislation is complicated. The information above is simply an outline and not intended in any way to be a comprehensive analysis of construction lien law or actions that should be taken in any particular circumstance. If you wish to discuss construction liens or your particular construction lien problem we advise you consult a solicitor experienced in real estate law. 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.
By Konstantine Chatzidimos and Jayson Schwarz Konstantine Chatzidimos is a Toronto business and franchise lawyer and associate in the law firm Schwarz Law LLP. Jayson Schwarz is a Toronto business lawyer and partner in the firm.
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TONY HOZJAN Broker
Direct: 905-517-1149 www.tonyhozjan.com tony@tonyhozjan.com
Escarpment Realty Inc., Brokerage
2114_DJW_0028
Independantly Owned & Operated Office: 905-573-1188
PORT MAITLAND RD, APPROX. 118 ACRES $1,600,000 Developing campground and marina. Grand River frontage Minutes to Lake Erie. Site plan approved for 248 campsites. Presently 100 serviced. Excellent cash business. MLS #H3130708
2114_DJW_0029
KING ST. STONEY CREEK
RIVER FRONTAGE, 120 ACRES
$769,000
$299,900
Approx. 40 acres workable. Remainder is islands, very picturesque, lots of wildlife. Over 4000 ft of river frontage. MLS #H3118572
2114_DJW_0033
INVESTMENT OPPORTUNITY, HAMILTON DOWNTOWN $6,900,000
2114_DJW_0032 2114_DJW_0030
Entire city block, approx 1.5 acres, commercial/residential, walk to St. Joseph’s Hospital & GO Station downtown.
RIVER VIEW, YORK $199,900
Approx 2000 sq ft building, plenty of parking, zoned commercial institutional. Presently used as a private club. Former church. MLS #H3126707
Renovated top to bottom. 5 residential units, 3 commercial. Income approximately $60,000 after expenses. MLS #H3127412
DUPLEX, FAIRHOLT SOUTH, HAMILTON $279,900
Updates: Furnace, c/air, windows, shingles, kitchen, bath; 2 bedroom $650, 3 bedroom $900. Potential other apartment roughedin, lots of parking, 62’ frontage lot. 2114_DJW_0034
2114_DJW_0031
535 EDGEWATER DR, LAKE ERIE $199,900 Building lot, ready to go. Incredible views, 40 minutes South of Hamilton, 92 feet of lake frontage. Build your dream home. MLS #H3126650 11287162_2514
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CommerCial ProPerties Business oPPortunities FranChise oPenings & more!
atWORK BUSINESS FOR SALE
MIXED USE OPPORTUNITY
Dale Petrie
$750,000
Sales Representative
$899,000
2114_DJW_0112
Great income potential. Retail/Wholesale and live upstairs. Excellent Hwy frontage. 15 mins. to Hamilton/Stoney Creek, 10 mins to Grimsby. 6 units total. 3 retail, 2 apts & 1 office, plus 7000 sq ft warehouse. VISITS ARE STRICKLY BY APPOINTMENT ONLY.
905-687-9229
dale@mcgarrrealty.com 11287234_2514
2114_DJW_0113
Profitable ongoing office furniture business. Owner retiring. Central location: 15 mins. to Hamilton/Stoney Creek, 10 mins. to Grimsby. Price includes: Business, land, building, fixtures & equip. Inventory priced separately. Top brands, www.atwork.ca. VISITS ARE STRICKLY BY APPOINTMENT ONLY.
Exit Realty Hare (Peel) Brokerage
Independently Owned & Operated
Eugene Dignum
Stephen Dignum
Sales Representative
Broker
Corner parcel borders the Mayfield West Plan area. Not in Greenbelt. Great opportunity to invest. Located within Alloa Group Plan slated for future development. Approx 97 acres.
List Price $8,900,000 2514_DJW_2_0012
2514_DJW_0043
1.866.297.3948
$5,900,000
Attention Developers and Investors! Prime corner location. Two frontages of approx. 1100 ft. Serviced lot with massive potential. Invest now to be ready for next wave of development in choice location. Close proximity to Hwy #50 and Bolton Industrial Development and future highway corridor. Bolton bypass frontage. Includes House & Barn. City water connected, gas and sewer available. Approx. 6.83 acres in Brampton.
11277268_2514
ATTENTION INVESTORS/DEVELOPERS!
www.eugenedignum.com
Be Seen in the limelight!
Highlight your hot, new and unique listings. Feature 2 prop erties and your agent photo in a full colour quarter page ad.
Reserve your space today! 416-784-5060 16G COM
the CommerCial inVestor: sPotlight
CommerCial ProPerties • Business oPPortunities • FranChise oPenings & more!
CommerCial ProPerties Business oPPortunities FranChise oPenings & more! 390 MARTH STREET, BURLINGTON - $749,900 Escarpment Realty Inc.,
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11276494_2514
Alexandra Borondy H.B. Comm, ASA, IRES
Sales Representative PH:
905.545.1188
Fax:
905.664.0432
Email:
aborondy@rmxemail.com Web:
2514_DJW_0131
Brokerage
Fantastic live/work opportunity in prime downtown Burlington location close to the lake, shopping, QEW and lots of condo development. Ideal investment property with potential for $4,200 monthly income or live upstairs and lease out the commercial space. Various uses permitted. Freehold w/condo road fee of $120/month. Residential Financing available. Visit www.390MarthaStreet.com for more information.
www.HowDoYouWantToLive.com
BLYTH 2514_DJW_0117
A-B Realty Ltd.,
2514_DJW_0041
11258107_2514
COURTLAND
Great 2 bay self-serve car wash and 1 bay truck wash as well as a touch free automatic wash. Also includes vending machine, change machine and 2 vacuums. Has its own well and water reclaim system. Maintenance free building, located on a major corner. Great business with minimum labour and other possibilities such as a service garage.
A very unique property opposite theatre. 2000 +/- sq ft of retail space. Upstairs 3 bedroom living area with patio overlooking the theatre.
Brokerage
Independently Owned & Operated
410
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Call Victor Boutin at 416.258.8830 Vi c to r @ B o u t i n M a n a g e m e n t. Co m
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sf sf sf sf
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30,080 15,583 15,292 18,797
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407
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40 Holtby Ave, Brampton
'F2' Industrial Units with Office Space Close Proximity to 410, 407, 401 Individually Metered Hydro and Gas Wide-open Bays in Industrial Sections Ground Floor of Office Space Finished HVAC In-place for Office Space Radiant Heating in Warehouse Entire Building Upgraded
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$5.50/sf (Net), Renewable at $6.00/sf (Net) on 5-Year Terms; $1.95/sf TMI (Estimated)
ee
Broker
av air dD
Sales Representative
Bo
John Jantzi
Kevin Williams
Qu
Tel: 519.273.2822
401
FOR LEASE
V i s i t w w w. B o u t i n M a n a g e m e n t . c o m f o r m o r e d e t a i l s
An Outstanding Investment Opportunity in the heart of Niagara Falls, Ontario. New 5 Year Lease to A Bar/Pub/ Nightclub. 9% Cap Rate! Location, Location, Location.
Integrity R.E. Inc., Brokerage
Michael Schuler, SIOR Broker
289-291-5067
Codruta Vasaliut Sales Representative
289-291-5082
the CommerCial inVestor: sPotlight
11239370_2514
2114_DJW_0144
CommerCial ProPerties • Business oPPortunities • FranChise oPenings & more!
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UNIQUE INVESTMENT OPPORTUNITY IN NORTHERN ONTARIO
2514_DJW_0018 2514_DJW_0017
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Located at the top of Lake Superior in beautiful Northern Ontario, Manitouwadge is in the center of everything nature has to offer. ATV and snowmobile trails lead right to your door, with scenic waterfalls and great fishing spots just a short drive (or hike) away.
HUNTING & FISHING RESORT The Hillsport Hillton is a complete well groomed maintained operation. The main lodge has a licensed restaurant and bar. We have 4 completely furnished camps. Great potential return on your investment. The camp has full services, water, hydro, internet and is self-sufficient. Must be seen!
Asking $649,900 2514_DJW_0019
HILLSPORT HOME
2514_DJW_0012
2514_DJW_0013
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2514_DJW_0015
This 3 bedroom home is located in Hillsport, On., in a remote community. Wonderful summer home fully furnished. Turn key. With great fishing , moose and bear hunting. Call for details
4 HOMES Located in beautiful Manitouwadge, Ontario, our newly renovated three and four bedroom homes are spacious and cozy. Turnkey Investment. Sold as package or can be purchased individually.
ASKING $199,000 for the 4
2514_DJW_0016
View more photos at www.hilltonbb.com
3 BEDROOM HOME Newly renovated 3 bedroom home. Full basement. Just move in. Fully furnished - turnkey.
ASKING $42,000
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For more information please call 807-826 1158 or email m.dorion@shaw.com
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