August 15 - Sept 12, 2015, Volume 15 Issue 08
INCORPORATING FRANCHISE AND BUSINESS OPPORTUNITIES Full Coverage Area Including Windsor, Hamilton, Toronto, Niagara Falls, Kingston and Ottawa! FOR SALE / FOR LEASE
TILLSONBURG - 27-SUITE CONDO APARTMENT BUILDING $1.3 MILLION
Situated along QEW corridor in Grimsby at Casablanca Blvd. 1100 sq./ft. Units starting at $264,900. Ideal for investors or end user. Surrounded by high density residential development with direct exposure to QEW and major anchors. 90% Sold. Great leasing opportunities for your business.
Nice, brown brick 3-storey, 27-suite condominium apartment building which is currently rented. Features: 18 - 2-bedroom and 8 - 1-bedroom suites, plus 1 Bachelor suite; balconies; controlled entry. ASKING $1.3 Million. EXCLUSIVE LISTING. For marketing brochure contact:
Nicholas Kazan, Broker | Nicolas Von Bredow, Broker Royal LePage Macro Realty, Brokerage Independently Owned and Operated
Tel: 905.574.3038
1-888-751-2229
Winston Davies, Broker of Record
WinCorp Realty Inc., Real Estate Brokerage, 45 Keats Crescent, Guelph, ON N1G 3B1 Tel: 519-836-2080 Fax: 519-836-2081 Email: wjmdavies@rogers.com 2115_DJW_0046
FRESH Woodstock – 5,000 sq ft Industrial on 10 acres – outside storage – Trucking / commercial uses - 747 Ft Hwy Frontage – across from Toyota Mfg & 5 mins to Hwy 401/403 – Price Reduced! $1,200,000 Woodstock – 115,000 sq ft Industrial on 17.72 acres – CN Rail – heavy power – outside storage - $3,995,000 John Whittaker, Broker Coldwell Banker Commercial Integrity Real Estate Inc., Brokerage 1155 North Service Rd W. Suite 7, Oakville, ON Tel: (289) 291-5074 Email: jwhittaker@cbci.ca
FREE SUBSCRIPTION!
COMM_GLOSS_3315.indd 1
OPPORTUNITIES
HOT OFF THE GRILL
JOIN ONE OF THE MOST SUCCESSFUL TAP & GRILL FRANCHISES IN CANADA. CALL TODAY - BE YOUR OWN BOSS 1-877-272-2952
development@obsidiangroupinc.com
FC_3315 (COM)
Princeton (Brantford) 11,640 Sq ft Industrial on 1.79 acres at Hwy 403 interchange – Outside storage / Trucking - Possible VTB - $975,000
Get The Commercial Investor delivered directly to your door! See inside for details
2015-08-11 2:15 PM
URBAN INVESTMENT OPPORTUNITY
BLOOR & BATHURST
11299324_3315
771-787 BATHURST STREET, TORONTO | FOR SALE
• • • •
M 51 m
• • • •
Da 51 da
• • • •
$4,680,000 All 7 Units|7,619 sq.ft. $1,500,000 785 & 787 Bathurst Street|Units 1 & 2|2,292 sq.ft. $3,180,000 771-779 Bathurst Street|Units 3, 4, 5, 6, & 7|5,327 sq.ft. For More Information Please Contact:
Commercial Investor Ad.indd 2
Arlin Markowitz*
Senior Vice President Urban Retail | Investment Properties 416 815 2374 | arlin.markowitz@cbre.com
Ti 51 tim
Lo 38 N T F
Jackson Turner
Sales Representative Urban Retail | Investment Properties 416 815 2394 | jackson.turner@cbre.com
7/27/2015 4:24:22 PM
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Th ha In at Re
SOUTHWESTERN ONTARIO INVESTMENT TEAM
SOUTHWESTERN ONTARIO INVESTMENT TEAM INVESTMENT OPPORTUNITIES Investment Opportunities Waterloo, ON
• • • •
0.33 Acres Zoning permits up to 6 storeys high (C8-6) Asking $1,995,000 Offer Submission Date - 09/1/15
Mel de Oliveira** 519 340 2311 mel.deoliveira@cbre.com
• 9.01 Acres • C10-6 (Community Centre Commercial) Zoning • Asking $5,500,000 ($610,432/acre)
Martin Cote* 519 340 2317 martin.cote@cbre.com
David Yanoshita* 519 286 2020 david.yanoshita@cbre.com
David Cousins* 519 286 2006 david.cousins@cbre.com
Harbour Lights Marina Bayfield, ON
• • • •
21.80 Acres 247 Slips in total Annual income of $226,800 Asking $5,600,000
Tim Schnurr* 519 286 2018 tim.schnurr@cbre.com
London 380 Wellington Street, Suite 30 N6A 5B5 T 519 673 6444 F 519 673 6948
• 8,000 sq. ft. building on busy Victoria Street • Prime retail artery • Asking $1,595,000
Todd Cooney* 519 340 2315 todd.cooney@cbre.com
• • • •
123 Acres Currently zoned agricultural land Within City of Cambridge municipal boundary Asking $4,500,000
Mitchell Blaine* 519 340 2309 mitchell.blaine@cbre.com
Vacant Land - Tecumseh Road East Windsor, ON
• • • •
± 3.80 Acres located on Tecumseh Road East Zoning permits wide spectrum of uses Daily traffic count over 20,600 vehicles Asking $1,499,000
Brook Handysides* 519 946 3030 brook.handysides@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
Michael Black* 519 340 2313 michael.black@cbre.com
State-Of-The-Art Facility Chatham, ON
Cambridge, ON
London, ON
26.4 Acres total; will demise into smaller sites Zoned CSA5 (3) Community Shopping Area $525,000/acre for Wharncliffe Rd. frontage $375,000/acre for interior parcels
Joe Benninger* CCIM 519 340 2323 joe.benninger@cbre.com
Kitchener, ON
Future Development Land
Commercial Development Land
• • • •
User/Investor Opportunity
Development Land Opportunity Brantford, ON
High Profile Development Site
11284449_3315
• • • •
Oil Change & Car Wash totaling 4,908 sq. ft. ± 1.8 Acres, future development possibilities Well constructed facility in like-new condition Reduced Price $2,790,000 $2,450,000
Kevin MacDougall** 519 286 2013 kevin.macdougall@cbre.com
Banwood Square | 3335 Banwell Rd. Windsor, ON
• • • •
Six (6) unit neighbourhood shopping plaza 14,515 sq. ft. on approx. 1.72 acres Projected 2015 NOI: $264,464 Asking $3,150,000
Brook Handysides* 519 946 3030 brook.handysides@cbre.com
* 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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COMMERCIAL OPPORTUNITIES
(519) 438-5588
COMMERCIAL OPPORTUNITIES
(519) 438-5588
FOR SALE
FOR LEASE
FOR LEASE
CARLING HEIGHTS
FREE STANDING BUILDING
1528 Highbury Avenue North - London, ON
62 Sterling Street - London, ON
21 Ube Drive - Sarnia, ON
Landlord is willing to BUILD-TO-SUIT to a maximum of 6,000 square feet Site Area - 0.43 Acres Zoned RSC 1, 3, 4 and HST 2, 3 Daily Traffic Count of 24,500 vehicle per day
3-bdrm, 3 bath home plus approx. 830 sq.ft. 2-bdrm, 1 bath guest house in Carling Heights, just footsteps from major bus routes, shopping and area schools. Each home has been renovated and comes equipped with all appliances, including separate laundry and kitchens. Don’t miss this spectacular investment or owner occupy opportunity.
REDEVELOPMENT OPPORTUNITY
FOR SALE
FOR LEASE
Andrew Johnson REDEVELOPMENT Sales Representative
CARLING HEIGHTS Jameson Lake
OPPORTUNITY
Sales Representative
$20.00 psf Net
Landlord is willing to BUILD-TO-SUIT to a maximum of 6,000 square feet Site Area - 0.43 Acres Zoned RSC 1, 3, 4 and HST 2, 3 Daily Traffic Count of 24,500 vehicle per day Sales Representative
Jameson Lake
$20.00 psf Net
Extension #230
FOR SALE
FREE STANDING BUILDING Kenn Poore 21 Ube Drive Extension #244- Sarnia, ON Broker
$219,900.00
Sales Representative
Property is being offered as 5 separate Kenn Poorethat will not be sold separately parcels
Broker
3
2
1
Contact Agent
Up to 350,000 square feet PROPERTIES 5 NEIGHBOURING Near busy U.S. border crossing St.High ceiling /ON overhead cranes Thomas, Attractive lease rates Multi-unit Residential and Commercial
$219,900.00
Extension #240
Up to 350,000 square feet Near busy U.S. border crossing High ceiling / overhead cranes Attractive lease rates
FOR LEASE
62 Sterling#240 Street - London, ON Extension 3-bdrm, 3 bath home plus approx. 830 sq.ft. 2-bdrm, 1 bath guest house in Carling Heights, just footsteps from major bus routes, shopping and area schools. Each home has been renovated and comes equipped with all appliances, including separate laundry and kitchens. Don’t miss this spectacular investment or owner occupy opportunity.
1528 Highbury Extension #230 Avenue North - London, ON
Andrew Johnson
Contact Agent
Extension #244 Consisting of an 8-plex with self storage fa-
cility, commmercial plaza with fully equipped 5 NEIGHBOURING laundry mat, side split PROPERTIES duplex and 2-family
St. residential Thomas, ON homes
FOR SALE
3 5
2 4
1
Multi-unit Commercial All ajoiningResidential propertiesand - tenanted with a vacancy Property allowance is being offered as 5 separate parcels that will not be sold separately
David Jongerden Sales Representtive Consisting of an 8-plex with self storage faExtension #242
cility, commmercial plaza with fully equipped
laundry mat, side split duplex and 2-family Philip N. Cassis residential homes
Broker
$995,000.00
Extension #231 All ajoining properties - tenanted with a
vacancy allowance
David Jongerden Sales Representtive
Extension #242
5
4 FOR SALE INVESTMENT OPPORTUNITY
INDUSTRIAL / WAREHOUSE
1064 Hargrieve Road - London, ON
16-24 Laing Boulevard - St. Thomas, ON
Site Area - approximately 2.04 acres
Approximately 3 acres
Approximately 31,976 square feet available
Building Size is 32,000 square feet
Multi-tenant property
FOR SALE
Tyler Desjardine INVESTMENT
Sales Representative
OPPORTUNITY
$2,900,000.00
1064 Hargrieve Extension #232 Road - London, ON Site Area - approximately 2.04 acres
Broker
Andrew Johnson / INDUSTRIAL Sales Representative
$950,000.00
Tyler Desjardine
$2,900,000.00
Andrew Johnson Sales Representative
Extension #230
DTZ Barnicke London Windsor Sarnia Ltd., Real Estate Brokerage, Independently Owned & Operated
Broker
8 CAP of existing income
David Jongerden
INCOME INVESTMENT
Sales Representative
$2,400,000.00
Extension #242 Blue Heron Drive - London, ON
3.1 acre lot with 38,000 sq.ft. building 25,000 sq.ft. leased long term
Prime Northwest London location
Philip N. Cassis, Extension #232
FOR SALE
Prime Northwest London location
www.dtzlondon.com
Building Size is 32,000 square feet DTZ Barnicke London Windsor Sarnia Ltd., Approximately 31,976 square feet available Grade doors, 2 dock doors plus 2 exterior docks Multi-tenant Real Estateproperty Brokerage, Independently Owned &5 Operated
Sales Representative
25,000 sq.ft. leased long term
WAREHOUSE
Zoned LI 2 and LI 7 - Ligh Industrial
INCOME INVESTMENT Blue Heron Drive - London, ON
Ext #231
Extension #230 16-24 Laing Boulevard - St. Thomas, ON Approximately 3 acres
$995,000.00
Extension #231
3.1 acre lot with 38,000 sq.ft. building
5 Grade doors, 2 dock doors plus 2 exterior docks Philip N. Cassis,
Broker
FOR SALE
FOR SALE
FOR SALE Zoned LI 2 and LI 7 - Ligh Industrial
Philip N. Cassis
Ext #231
$950,000.00
8 CAP of existing income
David Jongerden
Sales Representative
Extension #242
$2,400,000.00
www.dtzlondon.com
11266917_3315
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AURORA T EN LL CE ION EX CAT LO
HAMILTON LA LO RGE TS IZE
• Asking $2,150,000 • Asking $238,889 per Suite • Located in Downtown Aurora • Property Fronts Onto Yonge St. • High Efficiency Boilers Installed Approximately 5 Years Ago • Tenants Pay Their Own Hydro • Potential Upside on Rents • Large Apartments
•
1 x One Bedrooms 5 x Two Bedrooms 3 x Commercial
• 4.9% CAP Rate • 15.8% R.O.I • Treat Financing as Clear • Seller will Hold VTB Second Mortgage to Qualified Buyer • Contact Dani Pizzoferrato
E SID UP TURN N O
• Asking $1,795,000 • Asking $85,476 per Suite • Approx. 85% of All Units Have Updated Electrical & Plumbing • Most Kitchens & Bath rooms Updated • Professionally Managed & Landscaped • Tenants Pay Their Own Hydro • Brick Balconies
IME PR TION CA O L
• Asking $1,695,000
• 3 x Two Bedrooms
• Rare Opportunity in De
• Spacious Units
• Most Ammenities Within Walking Distance
• Short Walk to Subway & Yonge St. • Double Garage Parking Plus Surface Spaces
25 Years
9 x Two Bedrooms • Lots of Useable Vacant Space in the Lower Level • 5.7% CAP Rate • 25.1% R.O.I • Treat Financing as Clear
• Asking $2,195,000 • Asking $146,333 per Suite • Located in Great Neighbourhood Close to Schools, Recreation Centre and All Other Ammenities • Balconies Re-done in 2014 • Tenants Pay Own Hydro • Capital Items in Good Condition
•
2 x Bachelor 5 x One Bedrooms 3 x Two Bedrooms • Additional Income Potential Through Parking & Storage Lockers • 5.2% CAP Rate • 11.8% R.O.I • Ex. 1st Mortgage to be Assumed of Approx. $1,250,000 @ 3.12% due Dec. 2022
• Excellent for Family Use or Investment
• Owner Will Deliver Vacant • Treat Financing as Clear Possession
3 SUITES
15 SUITES
CLARINGTON YO EG NGE LIN & TO N
Family for More Than
3 x Bachelor 9 x One Bedrooms
21 SUITES
TORONTO
sireable Davisville Village
•
U ON PSID RE E NT S
T EA GR TION CA O L
for More Information
6 + 3 SUITES
• Owned by the Same
BRAMPTON UP DA UN TED ITS
U PO PSID TE NT E IAL
T US A M EE! S
• Asking $1,395,000 • Gorgeous Century Mansion on 4 Acres With 7 Legal Apartment Units • Cabana by the Pool (Used for Short-term rental) • Main House is Approx. 5,000 Sq. Ft. and Includes a 700 Sq. Ft. Solarium • Large Barn on Property in Good Condition • Beautifully Landscaped Property
• 7 x One Bedrooms 1 x Five Bedrooms • A Unique Investment Opportunity With Future Development Potential • There are Several Large Development Proposals North-West and Not Far From This Property • Treat Financing as Clear
7 + 1 SUITES
GRIMSBY BU
O ND CO TUS A ST
IL 19 T IN 95
• Asking $1,275,000 • Asking $182,143 per Suite • Attractive Townhomes in Area of Newly Developed Homes • Brick Construction Which Includes Decorative Corner Brick & Concrete Foundations • Each Townhome with Full Basement, A/C, Furnace & Hot Water Tank
•
7 x Three Bedrooms
• Parking Lot at Rear of Buildings • Currently Fully Rented • Verandah for Each House • 5.0% CAP Rate • 12.1% R.O.I • Treat Financing as Clear • For Further Details Please Call Pat, Anne or Arsalan
7 SUITES
8172756_3315
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24 SUITE MULTI-RESIDENTIAL BUILDING IN GUELPH Recognized as “THE ADDRESS” for rental living in Guelph. No dollar has been spared on this property over the years. Guelph has one of the lowest vacany rates @ 1.6% - building always full • 6 - 3 Bedroom • 14 -2 Bedroom • 2 - 1 Bedroom • 2 - Oversized Bachelor • Cap rate: 6%
Asking $3,100,000 For all the details, photo gallery, floor plans, and amenities for this beautiful Guelph property please visit our website at
www.guelphgeorgian.ca
v
PRINCIPALS ONLY PLEASE 3315_DJW_0028
TAWNYA GVOICH
Sales Representative t: 226.314.1600 e: tgvoich@trilliumwest.com 11299494_3315
247 CENTENNIAL PARKWAY N., HAMILTON
QEW & CENTENNIAL PARKWAY 45 GODERICH
OFFICE SPACE
COMMERCIAL/RETAIL/ OFFICE SPACE
OFFICE SPACE
Close to The Court House, City Hall and McMaster, Available Immediately Downtown office space from 489 sq. ft - 1548 sq. ft. From $650/month + HST
For Lease - 4150 sq. ft. - from $7.50 per sq. ft. Close to QEW, Red Hill Parkway & major bus routes.
Available Immediately 4223 sq. ft. From $5300/month Plenty of parking and signage. Easy access to QEW
8 MAIN ST. E., HAMILTON
1715_DJW_2_0029
1715_DJW_1_0028
1715_DJW_1_7007
905-777-0252 ext 304 E-mail:
info@desantis.com
www.desantis.com
8148088_3315
Tony DeSantis
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#4 OR #5 - 51 WOODLAWN RD W, GUELPH
3315_DJW_2_0029
3315_DJW_1_0009
• 3,200 sq. ft. auto garage • 84 ft frontage on 0.22 acre • 3 bays plus ample parking • MR-6 Zoning close to Uptown Waterloo • Land & Building only • Call Ryan Briggs
• HD sprinkler system for Class IV commodities • 50 Harwill Road • Call Paul Goulet
FOR LEASE
49 CONESTOGA COLLEGE BLVD, KITCHENER
$3.5M
RESIDENTIAL LOTS, INNERKIP
3315_DJW_1_0034
3315_DJW_1_0057
• 5 acres of C-6 zoned land across from Conestoga College • Zoning allows many commercial, retail, restaurant, office and accomadation uses • Highway exposure • Located within seconds of Highway 401 • Call Duncan McLean
$1.8M
87 WEBSTER ST, NEW HAMBURG
$995,000 OR $6.50/SQ FT.
3315_DJW_0015
3315_DJW_1_6666
146-154 ERB ST W, WATERLOO
• 30 Unit condominium building with 1 level of underground parking. • Call Ryan Briggs
• Warehouse, storage & office • 7,836 sf incl. mezzanine • Potential for multi-tenant • Easy access to Highway 7/8 • Ample drive-up parking
$6.00/SF
• 3 overhead doors • 0.357 acre vacant light industrial land included • Call Duncan McLean
8372 SIDEROAD 30, FERGUS
$549,900
3315_DJW_0076
3315_DJW_1_0156
38 MCBRINE DR, KITCHENER
• 1,500 sq. ft. available July 1st • Fully air-conditioned office • Natural light through large windows
• 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. Call Ryan Briggs
• Approx. 5 on-site parking spaces • CAM $4.63/sf • Call Ryan Briggs
$11.95/SF
#200 - 82 WEBER ST E., KITCHENER
3315_DJW_2_0009
• 4,800 sq ft professional office space • High profile building with drive-up parking • Close to transit & Highway 401 • Cam $5.27 s/f • Call Chris McFarlane
KITCHENER, ONTARIO
519.578.0337
CELL:
$15.00/SQ FT • Great exposure across from new court house • Rent includes CAM & Utilities • Two storey walk-up office building • Plenty of on-site parking • Excellent for lawyers, accountants, etc. • 390 sq ft • Call Duncan McLean
3315_DJW_0077
1165 FRANKLIN ST, CAMBRIDGE
$875,000
• Century Home currently converted to office • Prime location in Downtown Kitchener • Double garage plus an
additional 10 parking spaces in the rear • Finished basement with separate access • Call Ryan Briggs
$12.95 P.S.F.
55 DELHI ST, GUELPH 3315_DJW_1_0053
• Four properties on 0.58 of an acre. • Zoned MR-6. Architectural concept drawings for a 6 storey
181 FREDERICK ST, KITCHENER 3315_DJW_1_0032
• 0.96 acre Pad Site close to Highway 6 • $16/sf + $8.50/sf CAM for existing building • Potential for redevelopment • Zoned SC-1, ideal for restaurant or bank • Call Duncan McLean or Ryan Briggs
$1.755M
• 8 single detached plus 27 townhome lots • Services on street • 5 minutes to Toyota & Woodstock • 5 minutes from Hwy 2 & 401 interchange • Call Ryan Briggs
• 1910 Georgian Revival architecture, originally the nurses residence • Located directly beside Guelph General Hospital
• On bus route • 12,000 s.f. + basement • 25 spaces parking • Call Ryan Briggs
FREDERICK MALL, KITCHENER • Retail units and Pad Site available • On Bus Route and Highway 7/85 • Great neighbourhood mall with 23,603 AADT (2012) • Join Valumart, CIBC, Dollarama and many more • Call Duncan McLean
#104-460 FREDERICK ST, KITCHENER
$15.00/SF
• 680 sf of bright, clean professional office space • Located at the interchange to Highway 85/7 • Plenty of parking including drive up • Zoning allows for many office, health personal uses • CAM $9.80/sf • Call Duncan McLean
RYAN BRIGGS
DUNCAN MCLEAN
CHRIS McFARLANE
PAUL GOULET
Sales Representative
Sales Representative
Sales Representative
Sales Representative
519.498.5775
Ryan@cmarealty.ca
CELL:
519.590.7997
Duncan@cmarealty.ca
CELL:
519.588.6683
Chris@cmarealty.ca
CELL:
11280798_3315
735 WOOLWICH ST, GUELPH
$11.95/SF
• 1,114 or 1,350 sq ft units with Drive-In doors • Combine units for a total of 2,464 sq ft • Great exposure close to Walmart, Home Depot, Canadian Tire, etc. • $11.95/sf rent plus CAM $$6.95/sf • Call Ryan Briggs or Duncan McLean
3315_DJW_1_0094
• 88,000 square feet • 20 foot clear height • 40 x 40 column bays • 8 insulated dock leveller doors
v
$995,000
159 ERB ST W, WATERLOO
3315_DJW_1_0058
$4M
INDUSTRIAL, ST THOMAS
519.878.0223
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SOUTHWESTERN ONTARIO INVESTMENT TEAM
SOUTHWESTERN ONTARIO INVESTMENT TEAM INVESTMENT OPPORTUNITIES Investment Opportunities Multi-Res Development Site
29 Unit Concrete Apartment
Cambridge, ON
• 0.30 acres • Zoned for mixed use (C725) • Potential holding income as bar/restaurant
James Craig* 519 340 2330 james.craig@cbre.com
Dietmar Sommerfeld** 519 340 2314 dietmar.sommerfeld@cbre.com
Martin Cote* 519 340 2317 martin.cote@cbre.com
Martin Cote* 519 340 2317 martin.cote@cbre.com
Joe Benninger* CCIM 519 340 2323 joe.benninger@cbre.com
David Yanoshita* 519 286 2020 david.yanoshita@cbre.com
London 380 Wellington Street, Suite 30 N6A 5B5 T 519 673 6444 F 519 673 6948
Mitchell Blaine* 519 340 2309 mitchell.blaine@cbre.com Fort Frances, ON
Jack Cox** 519 286 2007 jack.cox@cbre.com
Dietmar Sommerfeld** 519 340 2314 dietmar.sommerfeld@cbre.com
Barry Poley* 519 286 2015 barry.poley@cbre.com
Income Generating Retail Plaza London, ON
David Cousins* 519 286 2006 david.cousins@cbre.com
Retail Plaza Investment
• • • •
London, ON
20.3 Acres Excellent ‘shovel-ready’ commercial arterial site Zoned Restricted Service Commercial RSC 1-6 Asking $10,150,000
Fully leased industrial facility Strong tenant on long term lease High exposure site with excess land Asking $4,345,000
• 2.38 acre site at signalized intersection • Located in southwest London on prime artery • Asking $6,250,000
Commercial Development Land
• • • •
• • • •
London, ON
Inverhaugh, ON
37.11 acres Potential for 47 half-acre lots 15 minutes to KW, Cambridge & Guelph Asking $3,700,000
Hamilton, ON
27,644 sq. ft. Retail Plaza
Estate Lot Subdivision Opportunity
• • • •
Sale Leaseback Opportunity
Waterloo, ON
• 29 suites, 100% occupied • Well maintained concrete building • Asking $3,460,000 ($119,310/suite)
• • • •
101,321 sq. ft. plaza & free standing building Pad site with room for additional 15,000 sq. ft. Centre of automotive & furniture retail district Asking $15,600,000
Kevin MacDougall** 519 286 2013 kevin.macdougall@cbre.com
Waterloo Region 101 Frederick Street, Suite 810 N2H 6R2 T 519 744 4900 F 519 571 9315
11276500_3315
Windsor 3200 Deziel Drive, Suite 110 N8W 5K8 T 519 252 4095 F 519 252 7554
7,400 sq. ft. strip plaza Directly across the street from Tim Horton’s Projected Net Income: $94,000 Asking $650,000
Retail-Office-Residential Investment London, ON
• 15,915 sq. ft. on 0.45 acres • Located in west London on prime artery • Reduced Price $2,100,000
Jack Cox** 519 286 2007 jack.cox@cbre.com
* Sales Representative ** Broker
Barry Poley* 519 286 2015 barry.poley@cbre.com
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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8155064_3315
a
n”) he ket hts
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11299473_3315
ROSS GLIGIC PRESIDENT, BROKER OF RECORD
905.825.2378 | Broker@BestRealEstateInc.com
10 UNITS - 2 BUILDINGS - MIXED USED Two adjoining solid brick buildings in the heart of Stratford. 15,000+ SF, 4 levels. 6 newly renovated residential units + 4 updated commercial/retail units. Extensive renovations. Updated utilities & mechanicals. Fully leased. AAA tenants. Great investment. Tenants pay all utilities. 8% CAP Rate. Exclusive listing, Principals only please. Rarelly available for sale on this landmark picturesque block.
$2,150,000
PRIME DOWNTOWN LOCATION 3315_DJW_0025
VEN O R P H T I W ONS I T A C O L E M TS P E PRI C N O C E FRANCHIS
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Volume 15 Issue 08
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Commercial Real Estate & Business Opportunities
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Commercial Real Estate & Business Opportunities
Volume 15 Issue 08
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
Special Features 08 BUSINESS BAROMETER — Small biz confidence takes a beating in July
p. 28
13 IN THE NEWS — Commodity prices gain ground in June, but retreat in July: Scotiabank 16 IN THE NEWS — BMO InvestorLine Psychology of Investing Study: 97 per cent of Canadians feel investment anxiety 28 IN THE NEWS — Smallest businesses make biggest investment in training
p. 32
32 INVESTOR ADVICE – How to spot a successful condo investment opportunity By Andrew la Fleur 38 TREB REPORT — GTA Realtors report commercial market figures 50 BUSINESS SAVVY — Montreal office and industrial real estate markets moved in opposite directions in Q22015, Colliers International Office Report 52 IN THE NEWS — Avison Young releases its Mid-Year 2015 Canada, U.S. and U.K. Office Market Report 58 BUSINESS SAVVY — Manufacturing sector recovery slows in July: RBC PMI 60 DOLLARS AND SENSE — The apartment business By Elisa Krovblit GLOSSY SECTION EDITORIAL 12G LEGALLY SPEAKING — Why create a holding company? By Jayson Schwarz LL.M
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Commercial Real Estate & Business Opportunities
Volume 15 Issue 08
KITCHENER, WATERLOO & GUELPH
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
KITCHENER, WATERLOO & GUELPH SECTION COVERING: Cambridge Durham Elora
Fergus Guelph Kitchener Waterloo
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Volume 15 Issue 08
5 Kitchener/Waterloo Guelph & Cambridge
Commercial Real Estate & Business Opportunities
www.teammilovick.com
519-745-7000
Unit 15C, 370 Highland Road West, Kitchener, ON N2M 5J9
Mike Milovick B.B.A., CCIM, Broker
mike@teammilovick.com
fax: 519-489-1333
www.TeamMilovick.com
Invest in Ontario’s Number 1 Town Today!
11298911_3315
Grand Valley Realty
BROKERAGE INDEPENDENTLY OWNED AND OPERATED
Subscribe: Latest KWC Real Estate News: www.FaceBook.com/TeamMilovick 392 ERB STREET WEST, WATERLOO
310 KING STREET NORTH, WATERLOO
• $72,000+ Gross Anuual Income • 5.7% CAP Rate • Close to UW, Uptown & on Bus Route • Oversize lot, MR-6 zoning • Lower 5 Bdrms features spacious kitchen • Upper 5 Bdrms exceptionally spacious
950,000
$
2915_DJW_0016
899,900
665,000
$
465 HAZEL STREET, WATERLOO
469,900
497,500
$
2515_DJW_1_0004
130 ERB STREET WEST, WATERLOO • $42,900 Gross Scheduled Income • Five+Three Bedroom, Rental Licensed • Fully Rented for September, 2015 • Easy Walk to WLU/ UW • MLS®
D L O S • New flooring, roof • Close to both Universities • MLS®
422,300
$
2515_DJW_0006
2515_DJW_1_0054
387,500
$
2515_DJW_1_0092
14-453 ALBERT STREET, WATERLOO
• $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 Cash Flow • MLS®
2515_DJW_1_0055
399,900
$
• 5+1 Bedroom Property • Rental Licensed, City Approved • MR4 Zoning
319,900
• Projected Gross Rent of • Updated Kitchen and $23,000+ Baths • Four Bedroom, Rental • MLS® 2515_DJW_1_0057 Licensed
Fully licensed end unit. Always rented Generates large income Large unit, spacious bedrooms
• • • •
Two parking spots 5 min walk to UW Hands off, turnkey investment MLS® 2515_DJW_1_0013
1305 VICTORIA$5.00 STREET PSF NORTH, KITCHENER
D E S A LE
5.00 PSF
317,900
• $32,000+ Scheduled Gross! • Spacious Unit • Authentic Loft
2515_DJW_1_0099
$
• • • •
$
$
214,900
• Close to two future LRT stations • MLS®
104 MCDOUGALL ROAD, WATERLOO
17-12 BRIDGEPORT ROAD EAST, WATERLOO
$
2515_DJW_1_0098
158 ERB STREET WEST, WATERLOO
144 ERB STREET WEST, WATERLOO
• $36,000+ Gross Income • Four 1 bedroom units • Ideal project for handyman • Fourplex • Rental licensed • Newer Furnaces, Roof • Close to WLU, Future LRT • MLS®
SOLD 399,900
• Executive home with second unit • Duplex Approval Pending • Rare, Super Clean Opportunity • Easy bike ride to both Universities • Exceptional! AAA • Exclusive
516,000
14 YOUNG STREET WEST, WATERLOO
$
223 DEARBORN BOULEVARD, WATERLOO
• $48,000+ Annual Gross • Spacious bedrooms, two Income Available! car garage for landlord • 9 student city-approved, or tenant storage. rental licensed property • MLS®
53 SMALLWOOD DRIVE, WATERLOO
$
$ 2915_DJW_2_0094
$
2515_DJW_0005
• Extraordinary duplex • New windows, baths, kitchen • 25x24 foot detached workshop
• $61,200 Gross Annual Income • $9,200+ Annual Cash Flow with Just 20% Down • Rental Licensed, Ten Bedroom (5+5) Duplex • Steps to Wilfrid Laurier University • MLS® 2515_DJW_1_0096
689,900
$
84-86 REGINA STREET NORTH, WATERLOO • $56,000+ Potential Gross Income • Purpose Built Addition • 10 Students • Side-by-Side Semis • C9-6 Zoning • Uptown Waterloo • Oversized Lot • MLS®
32 HICKORY STREET WEST, WATERLOO
• $72,000+ Gross Income • Licensed Triplex 13 Rental bedrooms • Two Units Purpose Built • MR-25 Zoning • Mostly re-rented for September
• 100% Student Complex • 5 Bedroom Rental License
2515_DJW_1_0101
• Open space with fantastic natural light • Currently has mix of show room, private
office and warehouse space with drive in door 2515_DJW_2_0013
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3:47 PM
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6
Commercial Real Estate & Business Opportunities
Volume 15 Issue 08
Kitchener/Waterloo Guelph & Cambridge
COLDWELL BANKER COMMERCIAL
COLDWELL BANKER COMMERCIAL PETER BENNINGER REALTY, BROKERAGE PETER BENNINGER REALTY, BROKERAGE 508 RIVERBEND DRIVE, KITCHENER, ON. 508 RIVERBEND DRIVE, KITCHENER, ON. Phone: 519‐743‐5211 Phone: 519‐743‐5211
www.coldwellbankerpbr.com/commercial www.coldwellbankerpbr.com/commercial
OFFICE/RETAIL FOR LEASE
OFFICE/RETAIL FOR LEASE
1,485 SF- 2,056 SF · $16.00/SF · MLS:
1432155/163/162 · Waterloo ·Located at the 1,337 SF 1,375 SF · $16.00/SF entrance1432155, to the new Carriage MLS: 1432163Crossing · upscale Waterloo community. Zoning allows to for the manynew usesCarriage includLocated at the entrance ing retail,upscale business, medical office and allows more. for Crossing community. Zoning www.coldwellbankerpbr.com/commercial Only 3 units Cap unitretail, w/finished patio! many usesleft! End including business, OFFICE/RETAIL medical officeJohn and Hoffman*/Gary more. FOR Only LEASE 2Boudreau* units left! John Hoffman*/Gary Boudreau* 1,049 SF $19.95/SF· MLS: 1447244· Kitchener 1,485 SF-·2,056 SF · $16.00/SF · MLS:
4,015 SFDrive-up · $14.00/SF · unitMLS: 1522436 Last unit! located in 1432155/163/162 ·retail/office Waterloo ·Located at the Cambridge · High traffic location onfrom Hespeler newly developed community, minutes Hwy entrance to the new Carriage Crossing upscale Rd.w/excellent tenant support including Winners, # 401 and Conestoga College. Lester community. Zoning allows for many uses Tobin* includValue Village, Pet Value, Sleep Country and ing retail, business, medical officeLester and more. many Tobin* 1,153more. SF - 3,853 SF · $24.00 - $30.00/SF Only 3 units left! End Cap unit w/finished patio! MLS: 1437 13/614/608/599/602/595/607/605
1,049 SF · $19.95/SF · MLS: 1447244 John Hoffman*/Gary Boudreau* Kitchener · New space at Sportsworld Crossing. Kitchener · Last Drive-uptraffic retail/office Join existing retailunit! & restaurant draw. unit located in ·newly developed community, minutes 1,049 SF $19.95/SF· MLS: 1447244· Kitchener Lester Tobin*/ Gary Boudreau* from Hwy # retail/office 401 and Conestoga Last unit! Drive-up unit located in 2,598 SF · $11.00/SF Net · MLS: 1511580 College. Lester Tobin* newly developed community, minutes from Hwy Kitchener · High traffic; 44,914 Vehicles daily.
# 401SF and ConestogaNet College. Lester Tobin* 2,598 · $11.00/SF · MLS:Gary 1511580 M 3 Zoning. John Hoffman*/ Boudreau* Kitchener · High traffic; 44,914 Vehicles daily. M3 1,153 SF - 3,853 SF · $24.00 - $30.00/SF Zoning. JohnSF· Hoffman*/ Gary Boudreau* 4,900 1437 SF· $14.50 $1,450,000 MLS: 13/614/608/599/602/595/607/605
e: commercial@coldwellbankerpbr.com e: commercial@coldwellbankerpbr.com
920 SF $1,999/ Mth·MLS:1337773 OFFICE/RETAIL FOR SALEFOR COLDWELL BANKER COMMERCIAL 920 SFDivisible· Divisible· $1,999/ Mth·MLS:1337773 INDUSTRIAL/WAREHOUSE Waterloo floor office in well Waterloo · ·Impressive, Impressive,2nd 2nd floor office in well SALE/LEASE PETER BENNINGER REALTY, BROKERAGE known known building. building. Abundance Abundanceofof natural naturallight. light. 24/7 RETAIL OR REDEVELOPMENT SITE 1,586 SF · 0.12 Acres · $979,000 24/7 electronic reader board. parking electronic reader board. FreeFree parking withwith many 508 RIVERBEND DRIVE, KITCHENER, ON. 13,735 SF 1421709 · $4.95/SF · MLS# 1524256 · Kitchener · Unique many amenities nearby. accessible, Hwy amenities nearby. VeryVery accessible, Hwy 85 & MLS:1421708, Phone: 519‐743‐5211 Profile Location. Corner Industrial/Warehouse Lot. Located Cambridge · Freestanding 85 & iXpress seconds Colin iXpress seconds away.away. ColinVogel* Vogel* High beside market.located Great Re-development facility.farmers Centrally w/access off 2 1,058 SF· $1,000/Mth· MLS:1444266 ·Kitchener site. Tobin* 21,775space SF · $5.50/SF · MLS:1518080· streets.10,400 SF Warehouse, Lester 3,335 SF Office. Great for professional, medical orKitchener office. Tobin* Ample parking on King. & /or warehouse Gary Boudreau* Excellent manufacturing facility. 4,900 SF· 1,450,000 · MLS 1517403·Lester Kitchener 920 SF Divisible· $1,999/ Mth·MLS:1337773 OFFICE/RETAIL FOR SALE Good power, loading and parking. R.Blake Hull* Exceptional property. Freestanding, Renovated, Waterloo · Impressive, 2nd floor office in well new HV/AC veryMLS:1531928· interesting building. 6,287 SF installed, · $5.75/SF· Kitchener 2,786 SF · $32.00/SF Net · MLS:1444530 known building. Abundance of natural· Kitchener light. 23 parking spaces onsite. RETAIL REDEVELOPMENT SITEHoffman* 1,100 SF $5.50/SF · MLS 1521635 Rare to OR find! 2 drive thru truck John bays, one with pit. Waterloo ·· High profile location in Waterloo’s 1,586 · attached. 0.12 AcresAbundant · $979,000 24/7 reader board. location. Free parking with High electronic Traffic - High exposure On-site Tool SF rom yard space avail. at OFFICE BUILDING FOR· SALE/LEASE University district. Two level retail unit with 1421709 Kitchener · Unique many amenities Very accessible, parking availablenearby. for Tenant. LesterHwy Tobin* MLS:1421708, extra cost. John Hoffman* 12,184 SF · Location. $2,095,000 OR $5.50/SF · Waterloo on-site parking situated at base of a student High Profile Corner Lot. Located 85 & iXpress seconds away. Colin Vogel* apartment building. Lester Tobin* beside MLS 1521512 Well suited office building, high farmers ·market. Great Re-development 1,058 2,237 SF· SF ·$1,000/Mth· $14.00/SF·MLS:1444266 MLS: 1521035·Kitchener · Waterloo site. 3,931 SF · $3.00/SF · Lester EXCLUSIVE Tobin* · finishes throughout, existing furnishings Great for professional, medicalleading or office. Privatespace entrance w/winding stairway to quality Kitchener · Dry storage or distribution at a low 1,500 -parking 10,759 SFfloor · $26.00/SF Netappointed included. James Boudreau** Ample on King. Gary Boudreau* are 4,900 · MLS 1517403· professional 2nd office. Well cost. SF· 1,450,000 Extra yard space Kitchener available. MLS: 1512116 · Kitchener · New retail plaza on Exceptional property. Freestanding, Renovated, reception area. Colin Vogel* John Hoffman* corner of Fischer Hallman and Seabrook Dr. INDUSTRIAL/WAREHOUSE FOR new HV/AC installed, very interesting building. 2,786 SF · $32.00/SF Net · MLS:1444530 High-exposure high traffic. Ample on-site 23 parking spaces onsite. John Hoffman* SALE/LEASE Waterloo · High profile location in ·Lester Waterloo’s 1,315 SF-7,336 SF · $20/SF Net MLS: 1531drive-up parking. Tobin* 9,360 SF· $6.50/SF · MLS:1431568· Kitchener FOR SALE/LEASE University district. ·Two level retail unit withplaza OFFICE 534/536/537/539 Kitchener · New retail 16 DockBUILDING doors, 21’ clear span shop. Great for 10,688 SF $6.75/SF· EXCLUSIVE · Waterloo SF ·· $2,095,000 $5.50/SF · Waterloo on-site parking situated at base of aexposure. student 21,775 SFRd. · $5.50/SF 1518080· Kitchener 12,184 high volume trucking OR business. Large land for on Huron with high· MLS traffic and Great Location. Exposure to King St. N. Across apartment building. Lester Tobin* MLS 1521512 · Well suited office building, high sf truckConestoga and trailerMall. avail. @ extraJohn expense. 7,699 Excellent manufacturing and/or warehouse Ample on-site drive-up parking. Lester Tobin* from Hoffman* shop &finishes 1,661 SF office. existingJohn Hoffman* quality throughout, furnishings facility. Good power, loading and parking 3,931 SF · $3.00/SF · MLS:1414196 · Kitchener 1,808 - SF · $9/SF · MLS: 1531511· Kitchener 1,500 10,759 SF · $26.00/SF Net James Boudreau** R. Blake Hull* are included. storage or distribution at a low cost. Extra Bi- level retailMLS or tech. Fullretail A/C Abundant MLS: 1512116 · Kitchener ·1521635 New plaza on Dry 1,100 SFspace, · $5.50/SF· · Kitchener INDUSTRIAL PROPERTY FOR SALE & LEASE yard space available. John Hoffman* parking. A- High very economical opportunity. 28,000 corner of Fischer - exposure Hallman and Seabrook Dr. INDUSTRIAL/WAREHOUSE SF · 2,400 SF Mezzanine ·FOR 3.09 AC. High Traffic location. On-site High-exposure high traffic. AmpleJohn on-site Hoffman* $1,895,000·$4.50/SF SALE/LEASE SF · $5.50/SF · MLS: Net 1511731 · MLS: 1434971, parking available for tenant Lester Tobin* 2,306 drive-up parking. Lester Tobin*
e: commercial@coldwellbankerpbr.com
MLS:1437522· Kitchener · Crossing. Kitchener · New1517403 space at ·Sportsworld 4,900 SF· $14.50 SF· $1,450,000· MLS:1437522 Fullyexisting renovated, open webbed ceiling. Newly Join retail & restaurant traffic draw. 1517403 · Kitchener · Fully renovated, open renovated, veryLester interesting building. parking Tobin*/ Gary 23 Boudreau* webbed ceiling. Very interesting building. 23 spaces onsite. CAM’s only $5! John Hoffman* central location, Finished 1511326 · ·Very Cambridge Zoned M3-dynamic 530 SF· $18.00/SF · MLS:1531262 · Kitchener Kitchener 2,598 SF · $11.00/SF · MLS: parking spaces onsite. Net CAM’s only1511580 $5! office w/ 2 ·w/r’s. LargeEXCLUSIVE Garage door, 17’ 10,688 SF $6.75/SF· · Waterloo uses. Heavy power. Was a federal foodclear grade 2,100 SF · hair/nail $10.35/SF 1517955 ·Kitchener Waterloo Turn-key salon. High traffic location. 21,775 SF · $5.50/SF · MLS 1518080· John Hoffman* Kitchener · High traffic; 44,914 Vehicles daily. 5,200 SF · $12.00/SF · MLS:1441235 ceiling in shop. Exposure to King John Hoffman* Great Location. St. N. Across facility. John Hoffman* Ample on-site drive-up parking. Lester Tobin* Industrial/Retail space. Sub-lease until Aug. Excellent manufacturing and/or warehouse M 3 Zoning.· Fully Johnfinished Hoffman*/ Gary Boudreau* from Conestoga Mall. John Hoffman* Cambridge office/retail w/ 1,882 SF · $13.75/SF· MLS: space 1527151 9,360 SF· $6.50/SF· MLS:1431568 · Kitchener 2016. Long lease available. facility. Goodterm power, loading and parking high exposure. from hwy# 401. On-site 3,931 SF · $3.00/SF · MLS:1414196 · Kitchener Waterloo · 2nd Minutes floor professional office. High . Great for 16 Dock doors, 21’ clear span shop James Boudreau**/Gary Boudreau* R. Blake Hull* 4,900 SF· $14.50 SF· parking. Space can be$1,450,000 divided.Additional Lester Tobin* distribution at a low cost. Extra highstorage volume or trucking business. Large land for traffic/visibility intersection. space 1,100 SF · $5.50/SF· MLS 1521635 · Kitchener Dry MLS:1437522· 1517403 · Kitchener · yard available. John Hoffman* truck space and INVESTMENT trailer avail. @ extra expense. 7,699 FOR SALE OFFICE/RETAIL FOR SALE could available.open webbed ceiling. Colin Vogel* Fully be renovated, Newly 736 SF · $75.00/SF · MLS: 1444506 · Waterloo
renovated, interesting building. 23 parking 4,200 SF Indoor ·very $10.50/SF Net · on MLS: 1418072 Last Unit! mall style units twoHoffman* levels in spaces onsite. CAM’s only $5! John Waterloo location, close to District U of W,w/W.L.U the heart· ofBusy Waterloo’s University &direct Conestoga Pkwy. Zoning. to landlord’s studentI-6 residential 5,200 access SF · $12.00/SF · MLS:1441235 Gary Boudreau* tenants (over 2,000). High pedestrian & traffic Cambridge · Fully finished office/retail space w/
location. Lester Tobin* 874 ·$1,622/Mo· MLS 1514546· Elgin highSF exposure. Minutes from hwy# 401.Port On-site High traffic retailcan location. Located across from parking. Space be divided. Lester Tobin* 915 SF · $12.00/SF 1514008·intersection. Stratford Tim Horton’s at · MLS: signalized Last unit! Located near downtown core and new James Boudreau**/Gary 736 SF · $75.00/SF · MLS: 1444506 ·Boudreau* Waterloo University. Great exposure. Ample on-site drive-
Last Unit! Indoor mall style units on two levels in 2,550 SF · $12.00/SF· MLS: up parking. Lester1521428 Tobin* the heart of Waterloo’s University District w/ Cambridge· Retail store front unit with high expodirect access to landlord’s student residential sure high MLS traffic. Located in 874 SF and · $1,300/Mth· 1514546 · Port Elgin tenants (over 2,000). High pedestrian & traffic downtown High trafficPreston. retail location. LocatedLester acrossTobin* from location. Lester Tobin* Tim Horton’s at signalized intersection.
1,488 SF-3,545 SF · $24-$26/SF · MLS: 1525James Boudreau**/Gary 915 SF · $12.00/SF · MLS: 1514008·Boudreau* Stratford 114/115/104 · Kitchener · Sportsworld Last unit! Located near downtown core and new Crossing is a landmark destination located to * Sales Representa�ve University. Great exposure. Ample and on-site driveserve all of Waterloo Region beyond. up parking. Gary Boudreau*/ Lester Lester Tobin* Tobin* ** Broker 3,092 · $6.00/SF· MLS· Port 1521429 874 SF ·SF $1,300/Mth· MLS 1514546 Elgin Cambridge Great location on main artery (hwy High traffic·retail location. Located across from #8) minutes south intersection. of Hwy#401. Tim Horton’s at signalized Lester Tobin* James Boudreau**/Gary Boudreau*
* Sales Representa�ve * Sales Representa�ve ** Broker ** Broker 8331512_3315
COM_3315.indd 6
High - High SF· exposure location. On-site 1,100Traffic SF · $16.00 MLS 12 · Kitchener sf shop & 1,661 SF office. John Hoffman* parking available forexposure tenant location. Lester Tobin* 2,306 SF · $5.50/SF · MLS: 1511731 High Traffic - High On-site Kitchener · Very central location, Finished parking available for tenant . MLS:1431886 R E T AI L O R R E D E V E L O PLester M E N TTobin* S I T E 2,400 R E TSF AI 2L· $5.50/SF /w/r’s. R E S ILarge D E· N TGarage I AL I Ndoor, V E S17’ T Mclear ENT office w/ Kitchener Excellent space in 5 unit industrial . 2,100 SF · $10.35/SF · MLS 1517955 · Waterloo 1,586 SF · 0.12 Acres · $979,000 ceiling 7,712 in shop SF· . $995,000 ·John MLS:1521430 Hoffman* bldg. Suitable for small manufacturing or 2,237 SF · $14.00/SF· MLS: 1521035 · Waterloo Industrial/Retail space. Sub-lease until Aug. MLS:1421708, 1421709 · Kitchener · Unique service Cambridge· Investment or Owner/User commercial business. Easy access to 9,360 SF· MLS:1431568 Kitchener 2016. termLocation. lease available. Private entrance with winding stairway High Long Profile Corner Lot.leading Located Guelph, property. $6.50/SF· Main Floor: 5,642R. ·Blake SF (2Hull* units) & Cambridge. . Great for 16 Dock K-W doors, 21’ clear span shop James Boudreau**/Gary Boudreau* to professional 2nd floor office. Well appointed beside farmers market. Great high Upper floor:trucking 3 Apartments. Tobin* volume business. LargeLester land for reception area. site. Colin Vogel* PROPERTY FORexpense. SALE & LEASE Re-development Lester Tobin* INDUSTRIAL truck and trailer avail. @ extra 7,699 R E T AI L ·P L AZ A SF W Mezzanine / C O N V E N I·E N C E Acres STORE 2,400 28,000 1,100 SF · $16.00 SF· MLS 12 · Kitchener sf shop SF & 1,661 SF office. John3.09 Hoffman* 3,408 SF · 0.25 Acres · $1,550,000 $1,895,000·$4.50/SF Net MLS: 1434971, O F F I C E B U IL D IN G F O R L E AS E & S AL E 2,050 SF· $16.00/SF · MLS:1424242 High Traffic - High exposure location.· Brantford On-site · Cambridge · Zoned M3 unit – dynamic 1511326 MLS #1511142 · Waterloo · Two retail plaza 12,184 SF· · 2,095,000 · $12.95/SF End capavailable retailDivisible unit.forDrive-up parking tenant . parking. Lester Tobin* 2,400 SF · $5.50/SF · MLS:1431886 uses. Heavy power. Was a federal food grade with business. Lester Tobin* HWY Tobin* MLS: exposure. 1521512 · Waterloo · WellLester located office Kitchener Excellent space in 5 unit industrial . facility. John Hoffman* building. Quality finishes throughout. Existing bldg. Suitable for small manufacturing or 2,237 SF · $14.00/SF· MLS: 1521035 · Waterloo R E T AI L I N V E S T M E N T O P P O RT U N I T Y 4,200 SF · $10.50/SF Net · MLS: 1418072 commercial business. Easy access to furnishings are included. James Boudreau** service 5,040 SF· $810,000 · MLS: 1437535· Waterloo Private entrance with winding stairway leading 20,700 SF· $3,200,000 ·R. Blake MLS:1524441 K-W & Cambridge. Hull* Waterloo · Busy location, close to U of W, W.L.U Guelph, .60 Ac. Site under utilized w/ existing 5040 sf to professional 2nd/ floor appointed Kitchener · Fully rented plaza, exposure to CO M M E R C I AL R E Soffice. I D E NWell T I AL MIX &Conestoga Pkwy.I-6 Zoning. Gary Boudreau* bldg. Many uses with I-6 Zoning including 100% reception Colin Vogel* INDUSTRIAL PROPERTY SALE &Wings LEASEUp, expswy, tenants include FOR ShortJohn Stop, 1,572 SF·area. $399,000· MLS: 1531391·Waterloo office. Hoffman* 2,400 SF Mezzanine 3.09for Acres Blend SF Hair· Studio to name a few.· Call details. Potential main floor commercial and 2nd floor 28,000 $1,895,000·$4.50/SF Net MLS: 1434971, 2,050 SF· $16.00/SF · MLS:1424242 Lester Tobin* residential in Uptown Waterloo. · Brantford Many new · Cambridge · Zoned M3 – dynamic 1511326 End cap retail unit. Drive-up parking. upgrades. Lester Tobin* Was federalI N food R E THeavy AI L / Rpower. ESIDE N TaI AL V Egrade STMENT HWY exposure. Lester Tobin* uses. facility. John Main : 2,100 SF · Upper: 1,680 SFHoffman* · $164,000
4,900 SF· 1,450,000 · MLS 1517403 · Kitchener
MLS#SF· $810,000 1521638 · MLS: · Woodstock · On-site 4,200 SF · $10.50/SF · MLS: 1418072 Exceptional property. Net Freestanding, Renovated, 5,040 1437535· Waterloo parking. - bedrooms on 5040 upper Waterloo · Busy location,very close to U of W,building. W.L.U .60 new HV/AC installed, interesting Ac. SiteTwo under2 utilized w/ existing sf floor. 2 retail units on with mainI-6floor. Lester100% Tobin* Many uses Zoning including 23 parking spaces onsite. John Hoffman* bldg. & Conestoga Pkwy.I-6 Zoning. Gary Boudreau* office. John Hoffman*
Please say you saw it in The Commercial Investor
2015-08-14 4:24 PM
Volume 15 Issue 08
7
Commercial Real Estate & Business Opportunities
Kitchener/Waterloo Guelph & Cambridge
COLDWELL BANKER COMMERCIAL COLDWELL BANKER COMMERCIAL PETER BENNINGER REALTY, BROKERAGE PETER BENNINGER REALTY, BROKERAGE 508 RIVERBEND DRIVE, KITCHENER, ON. 508 RIVERBEND DRIVE, KITCHENER, ON. Phone: 519‐743‐5211 Phone: 519‐743‐5211
www.coldwellbankerpbr.com/commercial www.coldwellbankerpbr.com/commercial
e: commercial@coldwellbankerpbr.com e: commercial@coldwellbankerpbr.com
COLDWELL BANKER COMMERCIAL Approx.217 Acres · $4,340,000 · EXCLUSIVE 4,437 808 SF· SF $125,000 · MLS: 1517668 HIGH DENSITY MIXED USE DEVELOPMENT · $399,000 · MLS:1531898 Waterloo Region Currently Being Farmed. Waterloo··Belgium style since poutine restaurant in 3.25 Acres · ·$5,850,000 · EXCLUSIVE Waterloo Established 1996 with many PETER BENNINGER REALTY, BROKERAGE Call for info pkg! prime location on King at University. All new Kitchener · Frontage on 2 major streets at the locations throughout Ontario. Family style 1,560 SF · $269,000 · MLS:1425046 equipment.with Business can beand purchased with148 Peter Benninger**/Colin Vogel* restaurant 508 RIVERBEND DRIVE, KITCHENER, ON. liquor license seating for gateway to downtown Kitchener. or without franchise. Lester Tobin* Cambridge · Downtown Preston property. Main Excellent plus 25 on patio. Lester Tobin* access to Hwy 401 via Hwy 8 37.5 Acres · $3,000,000 · MLS: 1244781 Phone: 519‐743‐5211 30,699 SF· $2,950,000 · MLS:1524536 floor retail, 2nd floor office or residential. On-site Directly proposed investment. light rail At transit Port Elginon· Incredible the route. Kitchener to own parking. · Great OpportunityLester Tobin*a gateway to Port Peter Benninger**/Colin Vogel* Elgin. 800 meters from new e: commercial@coldwellbankerpbr.com www.coldwellbankerpbr.com/commercial centrally located industrial mall within the Urban Approx.217 Walmart plaza a few min. walk· to one $4,340,000 of the Acres MULTI FAMILY FOR SALE MULTI -FAMILY FOR SALE most beautifulWaterloo sandy beaches Ontario! Being Growth area of Kitchener. JohnSTORE Hoffman* EXCLUSIVE· RETAIL PLAZA W.CONVENIENCE Region in · Currently Approx.217 Acres · $4,340,000 · EXCLUSIVE 808 SF · $125,000 · MLS: 1517668 INVESTMENT FOR SALE James Boudreau** 3,408 SF · 0.25 Acres · $1,550,000 Farmed. Call for info pkg! Waterloo Region · Currently Being Farmed. Waterloo· Belgium style poutine restaurant in 10,700 SF· $695,000 · MLS:1522283· Kitchener MLS #1511142 · Waterloo · Two unit retail plaza Call for info Peter Benninger**/Colin Vogel* SCHOOL/RE-DEVELOPMENT SITE prime 36 Units · $5,500,0000 · MLS:1511369 pkg! location on King at University. All new Multi Tenanted bldg. Good opportunity for FORMER with Lester Tobin* 19,589 SF · 3Peter Ac.· $1,800,000 · MLS: Vogel* 36 1,560business. SF · $269,000 · MLS:1425046 equipment. Business can be purchased with Benninger**/Colin Kitchener New! 100% Leased, 100% Units · Brand · $5,500,0000 · MLS:1511369 owner/user. Well located in Central Kitchener. or without Lester AN D F OWoodstock R L E AS E ·I Single N K I T storey C H E Nbuilding ER Cambridge · Downtown PrestonJohn property. Main L1444282 Income guarantee building warranty. Hoffman* Kitchener ·franchise. Brand &New! 100% Leased,Tobin* 100% 37.5 Acres · $3,000,000 · MLS: 1244781 containing gymnasium Acres 8· classrooms, $4,000/month · MLS: and 1514567 Income Generously sized units w/ premium floor retail, 2nd floor office or residential. On-site 2.8 guarantee & finishes, building Port Elgin · Incredible investment. At the P G R O U NLAND C AM D & ACFOR E R AGSALE E I N V E S T M E N T Fully playground with commercial zoning. stainless steel appliances, in suite laundry, fenced with one gate, graveled and warranty. Generously sized units w/premium parking. Lester Tobin* gateway to Port Elgin. 800 meters from new Residential re-development is obtainable. 9 Acres · 9,000 SF (est.) · $2,700,000 compacted. Separate hydro & gas meters. Located steps Bleams coming through in the finishes, stainless steel appliances, Walmart plaza a fewRoad min. walk to Lester one of the MULTI FAMILY FOR SALEin suite Tobin* away from shopping and expressway. MLS# 1531008 · Port Elgin · Established, quality Spring of 2015! John Hoffman* most beautiful sandy beaches in Ontario! RETAIL PLAZA W.CONVENIENCE STORE laundry, Separate hydro Located on major transit route.& gas meters. 4,200 SF Bldg.· 0.60 Acres campground, Excellent stable· $2,300,000 income, 9 Acres James Boudreau** Located steps away from shopping and 3,408 SF · 0.25 Acres · $1,550,000 LAND FOR LEASE IN KITCHENER Eric Reiner* MLS: 1444528 · Cambridge · High profile undeveloped. Acres · $1,995,000 · MLS: 1517392 expressway. Located on major transit route. 2.8 Acres ·SCHOOL/RE-DEVELOPMENT $4,000/month · MLS: 1514567 MLS #1511142 · site Waterloo · Two unit retail plaza 1.03 FORMER SITE 36 Units · $5,500,0000 · MLS:1511369 re-development located directly across James Boudreau**/Gary Boudreau* 1 Acre development land. Wide range of uses Fully fenced with one gate, graveled and Eric Reiner with Lester 19,589 SF · 3 Ac.· $1,800,000 · MLS: frombusiness. Cambridge Memorial Hospital. 185Tobin* ft of Kitchener · Brand New! 100% Leased, 100% * compacted. Bleams Road coming through in the James Boudreau* Forguarantee Commercial Estate 1444282 Woodstock · Single storey building frontage. Current use is a 4,200 sf restaurant. permitted. Income & building Real warranty. Spring of 2015! John Hoffman* 36 Units · $14,750,0000 · MLS:1528208 w/ 67 parking spaces. Lester Tobin* containing 8 classrooms, gymnasium and Generously sizedinunits w/ premium finishes, Solutions Canada's Technology · Recently constructed, 1.8 Acres with · $589,900 · zoning. MLS: 1524216 Waterloo playground commercial LANDFOR FORSALE SALE LAND stainless steel appliances, in suitepurpose laundry, built 1.03 Acres · $1,995,000 · MLS: 1517392 2.0 Ac.· $500,000 · MLS:1337641 · Kitchener investment property. 100% Occupied, 6.1% CAP Triangle, contact any one of steps our Residential re-development is range obtainable. Kitchener · Industrial zonedWide land permitting many Separate hydro & gas meters. Located 1 Acre development land. of uses Corner of Trillium and Huron w/excellent Located steps away from U of W and WilLester Tobin* Rate! awaysales from shopping and expressway. commercial and office uses. Lot can be severed. permitted. James Boudreau* representatives, or call access to Hwy 7/8 and Hwy 401. Many uses University. Located on majorLaurier transit route. 4,200 SF Bldg.·Colin 0.60 Vogel*/Peter Acres · $2,300,000 Lester Tobin* frid permitted. Benninger** LAND FOR LEASE IN KITCHENER 519-743-5211. Eric EricReiner* Reiner * MLS:Acres 1444528 · Cambridge · · MLS: High profile 37.5 · $1,700,000 1244781 2.8 Acres · $4,000/month · MLS: 1514567 re-development site located directly across BUSINESS FOR SALE Port Elgin · Incredible investment. At the Fully fenced with one gate, graveled and 13 Units · $4,999,0000 · MLS:1527081 HIGH-DENSITY MIXED-USE DEVELOPMENT! from Cambridge Memorial Hospital. of gateway Port Elgin. meters 185 fromft new BUSINESS FOR SALE compacted. Bleams Road coming through in the Waterloo SALES REPRESENTATIVES: 5.09 Ac.to ·Current $4,250,000 · 800 EXCLUSIVE 7% Cap Real Rate. Estate Recently ·Commercial For frontage. use is a 4,200 sf restaurant. John Hoffman* Walmart plaza amin fewwalk min.to walk to one of the Spring of 2015! Cambridge · 5spaces. Cambridge w/ 67 parking LesterCentre Tobin* 2,000 SF · $149,000 · MLS: 1434965 constructed income property Close proximity to Solutions in Canada's Technology most beautiful sandy beaches in Ontario! Gary Boudreau * · ext. 3029 Mall. 3 min drive to hwy 401 Directly across Elmira · Excellent opportunity to own an up & UofW and Wilfrid Laurier University. 100% 1.03 Acres · $1,995,000 · MLS: 1517392 James· Boudreau** 2.0 $500,000 · MLS:1337641 Kitchener fromAc.· natural conservation area. Triangle, contact any one and of our Leased Separate meters for ·gas hydro. coming café ·and$130,000 catering business w/ dream 1 Acre development land. Wide range of1521787 uses 2,000 SF · MLS: James Boudreau ** ext. 3020 Corner of Trillium and Huron w/excellent Peter Benninger**/Colin Vogel* permitted. Eric Reiner * James Boudreau* kitchen· for even the most experienced chef. sales representatives, or call Elmira Excellent opportunity to own an up & access to Hwy 7/8 and Hwy 401. Many uses 8.28 Acres · $1,558,000 · MLS: 1522201 Selby Colson * · ext. 3100 Lester Tobin*/ James Boudreau** permitted. · Fantastic Colin Vogel*/Peter 519-743-5211. Cambridge location to Benninger** build up to coming café and catering business with dream GREAT SITEuses within kitchen for even the most experienced chef. Mike Flynn * · ext. Estate 3037 64,207 sq.RE-DEVELOPMENT ft. in 2 buildings. Many For Commercial Real FOR SALE 5,887 SF ·BUSINESS $349,900 · MLS:1447072 25,182 SF · $2,420,000 ·residential. MLS:1417598 Tobin*/ James Boudreau** HIGH-DENSITY MIXED-USE DEVELOPMENT! M3 zoning including In park Lester Solutions in Canada's Technology John Hoffman * · ext. 3040 Cambridge · Established full service Brockville · Some medical onsite. Walking SALES REPRESENTATIVES: 5.09 Ac. · $4,250,000 · EXCLUSIVE setting. John Hoffman* restaurant with liquor license and patio. Triangle, contact any one of our distance from new leases Bill Halpenny * · ext. 3120 Cambridge · 5Hospital. min walkSome to Cambridge Centre 808 SF· $125,000·MLS:1517668· Waterloo sales representatives, or call Located on Grand River. Upscale dining with 2,000 SF · $149,000 · MLS: 1434965 pending. John Hoffman*/Gary Boudreau* Gary Boudreau * · ext. 3029 Mall. 3 min drive 401 Directly style poutine restaurant prime California cuisine. Elmira · Excellent opportunity to owninan up & 2.0 Ac.· $500,000to· hwy MLS:1337641 · across Kitchener Belgium 519-743-5211. R. Blake Hull * · ext. 3032 from natural conservation area. onLester King at University. AllBoudreau** new equipTobin*/ James coming café and catering business w/ dream James Boudreau ** · ext. 3020 Corner of Trillium & Huron w/excellent access to location Peter Benninger**/Colin Vogel* Eric Reiner * · ext. 2099 Business can purchased with orchef. without kitchen for even thebemost experienced HIGH7/8 DENSITY Hwy & HwyMIXED 401. USE ManyDEVELOPMENT uses permitted. ment. SALES REPRESENTATIVES: Selby Colson * · ext. 3100 Lester Tobin* 1,156 SF ·Lester $274,900 · MLS: 1511182 3.25 Acres · $5,850,000 · EXCLUSIVE Tobin*/ James Boudreau** Colin Vogel*/Peter Benninger** franchise. Lester Tobin * · ext. 3023 Gary ·· ext. Kitchener · Frontage on 2 major streets at the Waterloo · Profitable business with growth GREAT RE-DEVELOPMENT SITE Mike Boudreau Flynn * * ext. 3029 3037 Colin Vogel * ext. 3020 3110 potential. and equipment 5,887 SF $349,900 · MLS:1447072 2,369 SF·All ·fixtures $325,000 · MLS: included. 1527379 gateway to ·downtown Kitchener. Excellent James Boudreau ** ·· ext. HIGH-DENSITY MIXED-USE DEVELOPMENT! 25,182 SF $2,420,000 · MLS:1417598 John Hoffman ext. 3040 James Boudreau**/Gary access to Hwy 401medical Hwyonsite. 8 Directly on Cambridge · Established full service Waterloo · Old tyme saloon styleBoudreau* restaurant 5.09 Ac.·$4,250,000 ·via MLS:1527092· Cambridge Brockville · Some Walking Selby Colson ** * ··· ext. Harmony Voisin ext. 3100 3117 proposed lightHospital. rail transitSome route.new leases restaurant with winning liquor license patio.license. award wings.and Liquor distance from High profile, mixed use parcel on high traffic serving Bill Halpenny * · ext. 3120 Mike Flynn * · ext. 3037 Peter Benninger**/Colin Vogel* 1,426 SF· $99,900 · MLS: 1511046 Located on Grand River. Upscale dining with pending.Rd. John Boudreau* PeterHoffman*/Gary Benninger**/Colin Vogel* Waterloo West. High Sales, High Income. Hespeler John Hoffman * · ext. 3040 BROKER OF RECORD : California ·cuisine. Waterloo Gourmet Pizza & Pasta restaurant. R. Blake Hull * · ext. 3032 Lester Tobin*
INVESTMENT FOR SALE
INVESTMENT FOR SALE
66.58 Acres · $2,200,000 · EXCLUSIVE
Under GCambridge· R E AT R E -MIXED Dconsideration E V EUSE L O PDEVELOPMENT M EtoNchange T SOP ITE HIGH DENSITY designation Peter Benninger** 25,182 SF ·to$5,850,000 ·industrial. $2,420,000 · MLS:1417598 3.25 Acres · EXCLUSIVE Brockville Some medical onsite. Kitchener · Frontage on 2 major streetsWalking at the gateway to downtown Kitchener. distance from Hospital. Some Excellent new leases access to Hwy 401Hoffman*/Gary via Hwy 8 Directly on pending. John Boudreau*
Tobin*/ James Boudreau** High salesLester with huge potential. Located in the
city’s fastest area. High on 1,489 SF growing · $225,000 · exposure MLS:1527315 1,156roundabout. SF·· Fit $274,900 MLS: 1511182 busy Lester Tobin* Waterloo for life ·sandwich bar located on Waterloo corner · Profitable with growth busiest in business Waterloo’s University potential. All fixtures and equipment District. New Location - Highincluded. traffic. James Boudreau**/Gary Boudreau* Lester Tobin*
proposed light rail transit route. Peter Benninger**/Colin Vogel* 1,426 SF· $99,900 · MLS: 1511046 6,700 SF · $499,000 · EXCLUSIVE · Waterloo Waterloo · Gourmet Pizza & Pasta restaurant. Well established restaurant with high sales and High sales with huge potential. Located in the high New upgrades. on-site city’s traffic. fastest growing area. HighAmple exposure on LesterTobin* Tobin* drive-up parking. busy roundabout. Lester
66.58 Acres · $2,200,000 · EXCLUSIVE Cambridge· consideration to change OP 66.58 AcresUnder · $2,200,000 · EXCLUSIVE designation to industrial. Cambridge· Under consideration to change OP designation to industrial. Peter Peter Benninger**
Bill Halpenny * · ext. 3120 Eric Reiner * · ext.3000 2099 Peter Benninger** R. Blake Hull * ·· ext. ext. 3032 Lester Tobin ext. 2099 3023 Eric Reiner * * ·· ext. Lester Tobin ** ·· ext. Colin Vogel ext. 3023 3110 * Sales Representa�ve Colin Vogel * · ext. 3110 Harmony Voisin * · ext. 3117 ** Broker Harmony Voisin * · ext. 3117 BROKEROF OFRECORD RECORD:: BROKER
Peter PeterBenninger** Benninger**
·· ext. ext. 3000 3000
* Sales Representa�ve * Sales Representa�ve ** Broker ** Broker Please say you saw it in The Commercial Investor
COM_3315.indd 7
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Commercial Real Estate & Business Opportunities
Volume 15 Issue 08
businessbarometer
SMALL BIZ CONFIDENCE TAKES A BEATING IN JULY
C
anada’s small business confidence took it on the chin in July, as CFIB’s Business BarometerIndex slipped another full point to 58.2, its lowest level since mid-2009.
“Low confidence in the prairies and an underperforming central core has the economy beaten down,” said Ted Mallett, CFIB’s chief economist and vice-president.“Confidence is now a point just below the marker that indicates zero real GDP growth (59.8) and other indicators have turned sour. Employment plans are back below seasonal norms, and a weak dollar and the higher cost of imports have driven pricing plans up.” On a scale between 0 and 100, an index above 50 means owners expecting their business’ performance to be stronger in the next year outnumber those expecting weaker performance. One normally sees an index level of between 65 and 70 when the economy is growing at its potential. Business owners in British Columbia saw their run as the most optimistic in the country come to an end, as their confidence slipped to 67.5, a two-year low. Alberta remains the least
optimistic at 43.9. Saskatchewan jumped a point to 54.5, while Manitoba fell six points to 58.2. Ontario dropped three points to 60.7, and Quebec held steady to 58.5, sitting just above the national average. Newfoundland and Labrador’s business confidence rose for a second consecutive month to 63.2. Nova Scotia dipped two points to 63.7, while New Brunswick improved to 62.2. Prince Edward Island rose to 69.0 and regained its spot as most optimistic in the country. The resource sector continues to show the weakest levels of optimism in the country. Below-average confidence in manufacturing, construction, wholesale and retail are offsetting reasonably good outlooks in the rest of the services sectors. Only 17 per cent of businesses plan to hire additional full-time staff in the next few months, versus 12 per cent that plan to cut back. July, 2015 findings are based on 924 responses, collected from a stratified random sample of CFIB members, to a controlled-access web survey. Data reflect responses received through July 22. Findings are considered accurate to +\- 3.2 per cent 19 times in 20. CFIB is Canada’s largest association of small- and medium-sized businesses with 109,000 members across every sector and region.
Ontario’s First Magazine Dedicated to Industrial, Commercial and Investment Real Estate
FOR ADVERTISING CALL
DOREEN WILLS 905.570.9283 • 1.800.268.0077 Doreen.Wills@ypnexthome.ca Please say you saw it in The Commercial Investor
COM_3315.indd 8
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Commercial Real Estate & Business Opportunities
519.742.7000 www.coupalmarkou.com
LEASE 620 DAVENPORT RD, WATERLOO
LEASE 92 KING STREET SOUTH, WATERLOO
LEASE
• Retail/office space in high profile plaza • Located directly on bus and future LRT routes • Units from 1,190 - 10,870 sq ft • Lease rates from $9.95 - $11.95 / sq ft
• Second floor space with private entrance • Excellent location across from "The Shops of Waterloo Town Square" • On GRT route and minutes from Hwy 85 • 1,016 sq ft (approximately) • $10.00/sq ft Net
• Medical building located directly behind Grand River Hospital • Pharmacy on-site & on-site parking • Zoning allows for many uses • Units from 750-1,500 sq ft • Lease rates from $710 - 1,420/month
MLS
3315_DJW_2_0033
SALE
54 BRIDGE ST WEST, KITCHENER
• Prime residential development site • 1.23 acres with 181.28 ft frontage • Premilinary site plan approval in place for • 32 unit apartment building or stacked townhouses • $1,195,000 3315_DJW_1_0117
SALE
EXCLUSIVE
645 LAURELWOOD DRIVE, WATERLOO
• Busy plaza with strong tenants in place • 8 units with good mixture of retail and office users • Located in high density residential neighbourhood • $2,695,000
3315_DJW_2_0031
MLS
3315_DJW_1_0063
SALE
MLS
MLS
SALE 1015-1051 KING ST EAST, KITCHENER
• Across from future LRT • 1.19 acre redevelopment site • Corner of King & Ottawa Street • Existing income in place • $2,295,000
3315_DJW_0016
SALE
453 PARK STREET, KITCHENER
3315_DJW_1_0093
93 LODGE STREET, WATERLOO
• Established 6 bay car wash • Price includes land, building and equipment • 3,540 sq ft on 0.54 acres • $1,549,000
MLS
3315_DJW_1_7778
SALE
300 BRIDGE ST EAST, KITCHENER
• 72.9 acres • 44.65 acres developable • Strategically located on the new Hwy 7 realignment • $9,900,000
3315_DJW_3_0021
Christopher Coupal
John Markou
Broker of Record, Principal christopher@coupalmarkou.com 519-742-7000 x 101
Broker, Principal john@coupalmarkou.com 519-742-7000 x 102
Kitchener/Waterloo Guelph & Cambridge
Volume 15 Issue 08
MLS
50 UNIVERSITY AVENUE EAST, WATERLOO
• Mid-rise building on 1.15 acres • 52 Registered Condominiums • 196 Bedrooms • Excess density allows for further development MLS
3315_DJW_0017
CONNECT
3315
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
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Commercial Real Estate & Business Opportunities
Volume 15 Issue 08
Kitchener/Waterloo Guelph & Cambridge 11236833_3315
Please say you saw it in The Commercial Investor
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Volume 15 Issue 08
11
2011 - 2014
2007
Kitchener/Waterloo Guelph & Cambridge
Commercial Real Estate & Business Opportunities
2011
#1 FOR MOST HOMES SOLD IN 2013!* • #5 TEAM IN CANADA!**
11298218_3315
519.740.0001 | www.soldbybailey.com | steve@soldbybailey.com
EXCLUSIVE
| CAMBRIDGE |
$900/MONTH
FULLY RENOVATED, PROFESSIONAL OFFICE SPACE CENTRALLY LOCATED BETWEEN CAMBRIDGE, KITCHENER, AND REGION OF WATERLOO AIRPORT. OTHER SIMILARLY PRICED UNITS AVAILABLE. 3315_DJW_0029
MLS® 1594208
| KITCHENER |
$169,900
A WELL LAID OUT LIGHT MANUFACTURING AND WAREHOUSE SPACE WITH PROFESSIONALLY FINISHED SECOND FLOOR OFFICE SPACE. IDEAL AS EITHER OWNER OCCUPIED OR AN INVESTMENT OPPORTUNITY. TWO UNITS AVAILABLE. 3315_DJW_0090
MLS® 1592982
| COURTLAND |
$1,200,000
A FANTASTIC OPPORTUNITY TO LIVE STEPS FROM YOUR VERY OWN SUCCESSFUL BUSINESS! PROPERTY INCLUDES A 2,000 SQ. FT. HOME AND A THRIVING BAKERY. OVER 20,000 CARDS DRIVE BY DAILY!
3315_DJW_1_0066
EXCLUSIVE
| KITCHENER |
$129,900
GREAT OPPORTUNITY TO OWN A BUSINESS IN CENTRAL KITCHENER LOCATION. FRONT STORE SERVING AREA MAKES IT IDEAL FOR A BAKERY OR CAFE; TOP OF THE LINE KITCHEN EQUIPMENT INCLUDED. 3315_DJW_1_0065
MLS® 1593232
| CAMBRIDGE |
$850,000
AN EXCLUSIVE DEVELOPMENT OPPORTUNITY IN CAMBRIDGE! CONVENIENTLY LOCATED OFF OF HIGHWAY 24 AND NEAR THE SCHOOL OF ARCHITECTURE. SO MANY POSSIBILITIES! 3315_DJW_1_0056
MLS® 1592030
| PARIS |
$1,600,000
PRIME DOWNTOWN LOCATION! THIS PROPERTY INCLUDES A SMALL HOUSE WITH LONG TERM TENANT, A VACANT BUNGALOW, AND A COMMERCIAL PLAZA. SO MANY POSSIBILITIES! 3315_DJW_1_0067
SUPERIOR SERVICE • SUPERIOR EXPOSURE • SUPERIOR RESULTS
Isabel Pinheiro
Helen McIntyre
Aaron Erwin
Sue Machado
Mike Grant
SRES, ABR ABR Sales Representative Sales Representative Sales Representative Sales Representative Sales Representative aaron@soldbybailey.com sue@soldbybailey.com mike@soldbybailey.com isabel@soldbybailey.com helen@soldbybailey.com Falo Português *RE/MAX Award for Transaction Ends in a Population of 50,000 to 150,000. **Real Trends Magazine Agent Rankings 2013.
Don MacKey
Annette Escobar
Joan Horne
Sales Representative Broker Sales Representative don@soldbybailey.com annette@soldbybailey.com joan@soldbybailey.com
Please say you saw it in The Commercial Investor
COM_3315.indd 11
2015-08-14 4:24 PM
start your search here. Whether you’re renting or buying, finding your next home has never been so easy.
COM_3315.indd 12 Promo-YPNH.indd 1
2015-08-14 4:24 PM 2015-05-01 3:49 PM
Volume 15 Issue 08
13
ROCKWAY GARDEN AREA 21 Plymouth Road, Kitchener
FOR SALE:
BUSINESS AND PROPERTY
Kitchener/Waterloo Guelph & Cambridge
Commercial Real Estate & Business Opportunities
$559,000
EXCLUSIVE
3315_DJW_0064
$350,000. This well-managed 2-unit building with 2 bedrooms each, separate hydro meters and one garage is easy to manage. Double concrete driveway for up to 4 cars. Most windows, gas furnace, and central air have been replaced. Lot is 69 feet wide and may warrant an addition.
• Successful and established auto repair shop. • Large corner lot is ideal for used car sales. • C-6 zoning; commercial redevelopment potential.
Broker COLDWELL BANKER COMMERCIAL PETER BENNINGER REALTY, BROKERAGE
508 RIVERBEND DRIVE, KITCHENER, ON. 11251156_3315 Phone: 519‐743‐5211
CONTACT: R.BLAKE HULL, Sales Representative
11299563_3315
3315_DJW_0024
2333 Kingsway Drive, Kitchener, Ontario
bhull@coldwellbankerpbr.com
e: commercial@coldwellbankerpbr.com www.coldwellbankerpbr.com/commercial 920 SF Divisible· $1,999/ Mth·MLS:1337773 INDUSTRIAL/WAREHOUSE FOR inthenews OFFICE/RETAIL FOR LEASE
Waterloo · Impressive, 2nd floor office in well SALE/LEASE known building. Abundance of natural light. 24/7 electronic reader board. Free parking 1,337 SF 1,375 SF · $16.00/SF many amenities nearby. Very MLS: 1432155, 1432163 · Waterloo with accessible, Hwy 85 & iXpress seconds away. 13,735 SF · $4.95/SF · MLS# 1524256 Located at the entrance to the new Carriage · Freestanding Industrial/ Colin Vogel* Cambridge Crossing upscale community. Zoning allows facility. Centrally located w/access “CommodityWarehouse prices corrected again in early July alongside a trifecta of negative for many uses including retail, business, off 2 streets.10,400 SF Warehouse, 3,335 SF medical office and more. Only 2 units left! 21,775 SF · $5.50/SF · MLS:1518080 Tobin* on the Euro zone of the Greek debt developments – concern overLester the fallout and/or Office. John Hoffman*/Gary Boudreau* Kitchener · Excellent manufacturing warehouse facility. Good power, loading and situation, the3,931 sharpSFcorrection in China’s equity· markets (-32 per cent from peak · $3.00/SF · EXCLUSIVE 4,015 SF · $14.00/SF · MLS: 1522436 parking. R.Blake Hull* Kitchener · Dry storage distribution at areturn low Cambridge · High traffic location on Hespeler to trough), and the prospect oforan eventual of Iran’s oil to world markets, Extra yard space available. Rd. with excellent tenant support including 1,100 SF · $5.50/SF· MLS 1521635 cost. following the nuclear accord (unlikely before 2016).” John Hoffman* Winners, Value Village, Pet Value, Sleep Kitchener · High Traffic - High exposure Country and many more. Lester Tobin* location. On-site parking available for Other highlights report include: 9,360 from SF· the $6.50/SF · MLS:1431568 tenant Lester Tobin* 1,049 SF · $19.95/SF · MLS: 1447244 Kitchener · 16 Dock doors, 21’ clear span Kitchener · Last unit! Drive-up retail/office unit shop. Great for high Petroleum volume trucking 2,237 SF · $14.00/SF· MLS: 1521035 Feature › A Special on Canadian Refining, which has seen a declining located in newly developed community, Waterloo · Private entrance with winding business. Large land for truck and trailer minutes from Hwy 401 and Conestoga prices plunged “In#March, commodity bilateral trade surplus with the U.S. avail. @ extra expense. 7,699 sf shop & 1,661 stairway leading to professional 2nd floor College. Lester Tobin* John Hoffman* Well2007 appointed reception area. SF office. to the lowest level sinceoffice. January ›Colin How the reversal of Enbridge’s Line 9B pipeline and TransCanada’s proposed Vogel* 2,598 SF · $11.00/SF Net · MLS: 1511580 alongside a lacklustre economy, INDUSTRIAL PROPERTY FOR SALE & LEASE Kitchener · High traffic; 44,914 Vehicles daily. global 1,882 SF · $13.75/SF· MLS: 1527151 Energy East28,000 pipeline will boost the financial viability and competitiveness of SF · 2,400 SF Mezzanine · 3.09 AC. M3 Zoning.John with Hoffman*/ Gary Boudreau* Waterloo · 2nd floor professional office. High GDP growth in 2015 likely climbing $1,895,000·$4.50/SF Net · MLS: 1434971, refineries traffic/visibility intersection. Additional space in Quebec and Atlantic Canada. 1511326 · Cambridge Zoned M3-dynamic at a subdued pace for the fourth Colin Vogel* 4,900 SF · $14.50 SF · $1,450,000 could be available. uses. Heavy power. Was a federal food grade › U.S. housing permits have jumped to the highest level since July 2007, boding consecutive year,” said Patricia Mohr, vice MLS:1437522· 1517403 · Kitchener 1,488 SF-3,545 SF · $24-$26/SF · MLS: 1525- facility. John Hoffman* Fully renovated, president open webbed ceiling. Very well for lumber and OSB prices. 114/115/104 · Kitchener · Sportsworld of Economics and Commodity interesting building. 23 parking spaces onsite. Crossing is a landmark destination located to CAM’s only $5! Market Specialist John Hoffman* at Scotiabank. “In serve all of Waterloo Region andRead beyond. the full Scotiabank Commodity Price Index online at: http://www.scotiabank. INVESTMENT FOR SALE Gary Boudreau*/ Lester Tobin* addition, fierce competition for market 530 SF· $18.00/SF · MLS:1531262 · Kitchener com/ca/en/0,,3112,00.html. Turn-key hair/nailshare salon. High traffic location. in oil and iron ore as well as a very FOR SALE OFFICE/RETAIL Ample on-site drive-up parking. Lester Tobin* Scotiabank provides clients with in-depth research into the factors shaping strong U.S. dollar depressed gold and RETAIL/RESIDENTIAL INVESTMENT the outlook for Canada the global economy, including macroeconomic 7,712 SF· and $995,000 · MLS:1521430 4,200 SF · $10.50/SF Net · MLS: 1418072 overall dollar-denominated commodity RETAIL OR REDEVELOPMENT SITE Cambridge· Investment or Owner/User Waterloo · Busy location, close to U of W, 1,586 SF · 0.12 Acres developments, currency and capital market trends, commodity and industry · $979,000 prices.Pkwy. However, a moderate rebound property. Main Floor: 5,642 SF (2 units) W.L.U &Conestoga I-6 Zoning. MLS:1421708, 1421709 · Kitchener · Unique Upper performance, as well as monetary, fiscal and public policy issues. floor: 3 Apartments. Lester Tobin* Gary-Boudreau* in oil prices both international High Profile and Location. Corner Lot. Located beside farmers market. Great 874 SF · $1,300/Mth · MLS 1514546 PortAll Items Index in www.scotiabank.com and W.CONVENIENCE follow on Twitter @ScotiabankNews. domestic -- lifted· the STORE Re-development site. Lester Tobin* RETAIL PLAZA Elgin High traffic retail location. Located 3,408 SF · 0.25 Acres · $1,550,000 theHorton’s second atquarter. across from Tim signalized OFFICE BUILDING FOR LEASE AND SALE MLS #1511142 · Waterloo · Two unit retail intersection. James Boudreau**/Gary Boudreau* 12,184 SF· Divisible · 2,095,000 · $12.95/SF plaza with business. Lester Tobin* · Well located office 2,550 SF · $12.00/SF· MLS: 1521428 MLS: 1521512 · Waterloo Please say you saw it in The Commercial Investor Cambridge· Retail store front unit with high building. Quality finishes throughout. Existing RETAIL INVESTMENT OPPORTUNITY exposure and high traffic. Located in furnishings are included. James Boudreau** 20,700 SF· $3,200,000 · MLS:1524441 downtown Preston. Lester Tobin* Kitchener · Fully rented plaza, exposure to 4,900 SF· 1,450,000 · MLS 1517403 expswy, tenants include Short Stop, Wings 3,092 SF · $6.00/SF· MLS 1521429 Kitchener · Exceptional property. Up, Blend Hair Studio to name a few. Call for Cambridge · Great location on main artery Freestanding, Renovated, new HV/AC details. Lester Tobin* COM_3315.indd 13 2015-08-14 4:24 PM #8) minutes south of Hwy#401. installed, very interesting building. 23 3:49 (hwy PM
Commodity prices gain ground in June, but retreat in July: Scotiabank
S
cotiabank’s Commodity Price Index rebounded further in June -- up +2.6 per cent month-overmonth (m/m) and +9.5 per cent from the March 2015 low.
SOUTHWESTERN ONTARIO
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
SOUTHWESTERN ONTARIO SECTION COVERING: Brantford Chatham Grey & Bruce Counties
Ingersoll London Owen Sound Sarnia Simcoe Stratford
St. Thomas Tillsonburg Windsor Woodstock
For advertising
contact Doreen Wills Tel: 1-800-268-0077 or 905-570-9283
doreen.wills@ypnexthome.ca thecommercialinvestor@ypnexthome.ca
NewSectionPages_FullColor2015.indd 4 COM_3315.indd 14
2015-03-19 3:47 PM 2015-08-14 4:24 PM
N
LIONS HEAD INN - $619,000
TOBERMORY B&B - $638,900
Ideal central Bruce Peninsula location, this pub/restaurant/inn is located in a growing tourist community. Open year round, this establishment caters to locals, cottagers, tourists, Bruce Trail Hikers, boaters and winter snowmbilers. Operating since 1966. Restaurant, dining, patio and pub areas seat 104 people. There are 4 guest rooms. View of the Lions Head Harbour and Marina from the outdoor patio. Enclosed patio ideal for cooler summer evenings. History of revenue growth. Turnkey operation business, building, land and chattels. #712
Attracting guests from all over the world and boasts full occupancy during the busy summer months. Views of Tobermory, the International Harbour, the Chi-Cheemaun and Georgian Bay are STUNNING! Upgraded living quarters include 2 bedrooms offering incredible views, walkouts to upper deck. 3 other bedrooms have their own individual 3 pc ensuites. Large sun room/dining area overlooks the harbour. Beautiful stone fireplace rounds off the comfortable great room. Kitchen is huge, well laid out and recently renovated. The 1 room Bunkie or the garage with 2 bedrooms, kitchen/living area and 4 pc bath are ideal for owner/operator living or additional income. Touches 2 streets. 683.
3315_DJW_0013
3315_DJW_1_0039
TOBERMORY RETAIL - $499,000
TOBERMORY COMMERCIAL - $199,000
Buy the assets, land and approx 5,000 sq foot building and start your own business. Or, buy the full package and run the existing well established Outdoor Goods store. The store sells outdoor clothing, footwear, fishing, hunting, camping gear and much more. There's an Army Surplus section and a "Gently Used Recycle" section. The current owners have been successful in obtaining two very high traffic draws to the store. Hunting and fishing licenses and LCBO bottle return. There's an Artist Co-Op renting the upper floor and an additional rental income from the office unit. 588.
Large home with Business Opportunity. Zoned commercial and righT on Hwy 6. Start your own business, be your own boss. Large kitchen. Hardwood floors in Living/Dining area. 2 plus bedrooms, 3 piece bathroom. Newer addition has a family room, 3 piece bathroom, and loft style bedroom with walkout to balcony overlooking the well treed yard. Covered deck area in front with shutters. Lots of storage. Large, well treed yard with large shed, and two bunkies. Large attached garage with workshop area. Lots of permitted uses with zoning. Close to everything in Tobermory. 679.
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3:47 PM
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inthenews
BMO INVESTORLINE PSYCHOLOGY OF INVESTING STUDY:
97 per cent of Canadians feel investment anxiety
B
MO InvestorLine, a part of BMO Wealth Management, today released the results of its latest study which examines the psychology of investing.
The study found nearly all Canadian investors (97 per cent) feel anxiety when thinking about their investments. When thinking of investing and making investment decisions, Canadians are most worried about: › Fear of financial loss (47 per cent overall; 43 per cent for men and 50 per cent for women). › Not receiving a ‘good’ return on their investments (40 per cent overall; 39 per cent for men and 41 per cent for women). › How market volatility will affect their investments (33 per cent overall; 29 per cent for men and 37 per cent for women). › Selecting the ‘right’ investments (32 per cent overall; 32 per cent for men and 31 per cent for women). “Investing is personal so it’s not surprising to see that a majority of Canadians are not only financially but emotionally involved in their investments,”said Julie Barker-Merz, president, BMO InvestorLine, a part of BMO Wealth Management.“Given recent market volatility, fear of financial loss is an understandable concern.” Canadians are Confused about Investing Along with investment anxiety, the study revealed Canadians are generally confused about investing (90 per cent) - only 10 per cent overall (12 per cent for men and eight per cent for women) say nothing puzzles them about investing.
COM_3315.indd 16
The top areas of investing that created the most confusion are: › Finding an investment that will yield the best return with minimal risk (38 per cent overall; 37 per cent for men and 39 per cent for women). › Which investment option will best suit their risk tolerance and life stage (25 per cent overall; 20 per cent for men and 30 per cent for women). › Knowing when to change their investment mix (23 for both men and women, respectively) and deciding with whom to entrust their money (23 per cent overall; 25 per cent for men and 21 per cent for women). “The confusion that exists among 90 per cent of Canadian investors likely contributes to their investment anxiety,” said Ms. Barker-Merz. Ms. Barker-Merz noted that BMO InvestorLine has introduced adviceDirect, an online investing service aimed to help Canadians navigate the investing process.“adviceDirect acts as a co-pilot providing personalized investment advice, quantitative market analysis and support tools to help investors clear any investing confusion so they can confidently manage their own investments and take control of their portfolio to meet their financial goals.”
2015-08-14 4:24 PM
› Nearly half of Canadians fear financial loss and one third are concerned about how market volatility will affect their investments › Ninety per cent are confused about investing while only one in 10 say nothing confuses them › Many are confused when looking for the right investment option that will yield the best return and suits their level of risk tolerance
% overall with fear of financial loss
% overall anxious how market volatility will affect their investments
% overall that are confused about finding an investment that will yield best return with minimal risk
Region
% overall with investment anxiety
National
98
47
33
38
Atlantic
98
42
28
39
Quebec
97
47
21
35
Ontario
96
47
33
37
Praries
98
55
40
43
Alberta
96
48
46
45
B.C.
99
46
44
39
Survey results are from interviews with an online sample of 1,004 Canadians who have an investment portfolio. The study was conducted between July 13th and 14th, 2015. The margin of error for a probability sample of this size is ± 3.1 per cent, 19 times out of 20. For more information on BMO InvestorLine, please visit www.bmoinvestorline.com. For more information on wealth management news at BMO please visit www.bmo.com/main/wealth-management. BMO InvestorLine is an online investing service that provides clients with two ways to invest online. Clients can choose from BMO InvestorLine’s top ranked Self-Directed service that provides tools to help investors make independent decisions on how to invest. BMO InvestorLine’s other service,
COM_3315.indd 17
adviceDirect provides investors with online advice and investment recommendations for their portfolios. Clients have access to trading, quotes and account information 24 hours a day through a website. BMO InvestorLine also provides users with third party research, along with leading edge tools that are informative and easy to use. As an all-in-one investment source, it is a constantly evolving, cost-efficient platform that is fully compatible with tablets. BMO InvestorLine Inc. and BMO Ligne D’action Inc. provide this commentary to clients for informational purposes only. The information contained herein is based on sources that we believe to be reliable, but is not guaranteed by us, may be incomplete or may change without notice. The comments included in this document are general in nature, and professional advice regarding an individual’s particular position should be obtained.
2015-08-14 4:24 PM
18
Volume 15 Issue 08
11299321_3315
Commercial Real Estate & Business Opportunities
Cell
519-924-2229 | fax 519-924-9995
Debra Varey, Broker of Record debra@hillsiderealty.ca
INVESTMENT PACKAGE $7
89
3315_DJW_0005
Southwest Ontario
Priceville, ON
Office
226-400-4222
Michaelhurley@rogers.com www.hurleyrealestate.ca
Michael Hurley BROKER/OWNER
,0
00
Amazing package - income, live, work, all in one! Fully operational service centre, gas pumps, auto repair, 3 bay garage, convenience store. High visibility with an excellent location on a busy highway servicing high volume commuter traffic. Included are a separate private 4 bedroom bungalow Roll #420436000512100 and a vacant lot Roll #42043600013203! All of this and just 1 affordable price!
H I L L S I D E R E A LT Y.C A
519-755-0830
INVESTMENT PROPERTY 12,913 square feet Office Building in excellent condition and situated in a great Brantford location just steps from the walking trails and backing on to the beautiful Grand River. Property is currently fully leased and operating at a 9.5% cap rate. The building is in excellent condition. For detailed HD photo's and the detailed rent roll call or email Michael Hurley today. Asking price $1,095,000
3315_DJW_0065
What our clients are saying about us “I have 2 ads currently in the Commercial investor. I have had a steady flow of calls primarily from investors in the 416/905 areas regarding my properties. I am really pleased with the results & the quality of prospects for the properties I enjoy listing & selling.� Thank you Doreen.
Nelson Conroy Sales Representative
Royal LePage Triland Realty Brokerage London/St. Thomas For information call 1.800.268.0077 Please say you saw it in The Commercial Investor
COM_3315.indd 18
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Volume 15 Issue 08
19
Commercial Real Estate & Business Opportunities
George Gicopoulos Sales Representative
*Independently Owned and Operated
9995828_3315
Office: 519.672.9881 Direct: 519.672.9891 ext 241 ggicopoulos@royallepagecommercial.com www.georgegicopoulos.com www.royallepagecommercial.com
Southwest Ontario
Royal LePage Triland Realty, Brokerage*
SARNIA STEAK HOUSE $995,000
RETAIL/RESIDENTIAL PROPERTY - $699,000
$450,000
Great opportunity for the Restaurateur in Sarnia/Point Edward. Well known busy Steak House on a 5,700 sq. ft. free standing building on 1.15 acres of land on last exit off Hwy 402 before the bridge to USA; recent improvement to the menu along with some renovations increased business by as much as 30%. Property and business or business only for sale. Licensed for 210 inside plus 70 on the patio. Plenty of onsite paved parking. 3315_DJW_0046
Coffee Shoppe Tenant on main floor, on a 3 year lease with 2 renewal options. Five (5) residential apartments with Tenants paying their own heat & hydro. Building in great condition with recent renovations and building improvements. Great return on investment.
Great owner user scenario. Ideal for many uses including previous use as cafe. Many upgrades to the building in the last 8 years including electrical, plumbing, HVAC units, etc. Rent free main floor (used as Cafe recently) with three residential units above paying the mortgage. All chattels & fixtures in place just add stock and you're in business. Approximately 2,300 sq ft main floor cafe also for lease at $2300/month net. 3315_DJW_0047
3315_DJW_0053
FREE STANDING BUILDING - $950,000
BUSINESS FOR SALE $247,000
RESTAURANT BUSINESS - $565,000
Investors dream totally carefree investment with great national Tenant, with multiple locations, on a long term net-net lease. Free standing building in thriving community of Kincardine; close to Bruce Nuclear Power Plant. Specifically built as a restaurant. Over 7% cap rate for this free standing building in A-1 Condition.
Great upscale family eatery. In operation for many years with great reputation and good sales and profits. Approximately 90 seats licensed under the LLBO. Very good condition, excellent long term lease. Open 6 1/2 days closed Sundays at 3:00 p.m.
Great restaurant/grill; very well known with great reputation. Excellent sales and profits. Approximately 4,000 sq. ft. plus basement. Licensed for 145 inside plus patio. This is truly a money maker. Great long term lease with rental costs below 4% of yearly sales. Property which includes 3 self contained apartments above also for sale at very reasonable price.
3315_DJW_0048
3315_DJW_0049
3315_DJW_0050
BUSINESS & PROPERTY - $675,000
FAMILY RESTAURANT - $149,000
GREAT INVESTMENT IN WOODSTOCK - $895,000
Great summer business in the best part of Long Point. Under 5 months of operations an makes enough revenue for the owner to take the rest of the year off. Easy operation; Ice cream, fries, arcase, Convenience, ATM, movies, ice. 10:00 A.M to 10:00 P.M. May till middle off Septemenber and could be extended for great sales & profits. Onsite parking plus municipal free parking at the front. 3315_DJW_0051
Highway location just 1/2 hour north of London. Long established with great reputation, steady clientele and great sales. Long term favorable lease full equipped family Restaurant operated by the same owners for many years.
Rental of $96,000/year Gross. This is a Good Long Term Investment. Approximately 44,000 sq. ft. of land next to Walmart and Home Depot in Woodstock's prominent commercial node. The building is about 8,500 sq. ft. on main level with about 2,000 sq. ft. on second floor. Over 80 paved parking spots. Great exposure, location and investment for the future! 3315_DJW_0081
3315_DJW_0052
Please say you saw it in The Commercial Investor
COM_3315.indd 19
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20
Volume 15 Issue 08
11291991_3315
Commercial Real Estate & Business Opportunities
WOODSTOCK
ROSEMARY BROWN
PETER VANDERSAR
SALES REPRESENTATIVE
BROKER
519-532-9049
519-536-1200
rosemarybrown@royallepage.ca
peter@petervandersar.com
519-539-2070
Southwest Ontario
FOR SALE
SOLD
$525,000
Approximately 12,000 SQ FT building on highway #2 on approximately 5 acres. Former Bowyer Marine Dealership. Lots of parking and outside storage space. New roof on part of building. Quonset building also on site for storage. Vendor take back Mortgage at 4 percent for 3 years to qualified buyer. 2915_DJW_1_0699
$195,900
Retail commercial building for sale in the heart of downtown Woodstock. Lots of natural light because of 2 skylights in upper floor. Approximately 4400 sq ft on 2 floors, busy local area with other merchants and restaurants. Present tenant on month to month lease. Lots of municipal parking nearby. Vacant & also for least at $2300/month.
$950,000 Approximately 2.7 acres with former ECOLE-SAINTEMARGUERITE-BOURGEOYS SCHOOL building on Huron Street for sale. Located in an older residential area of North Woodstock. This property could be developed for a variety of uses.
2915_DJW_1_0028
2915_DJW_1_0104
FOR LEASE
1787 sq. ft. Prime location on Woodstock east end. This unit fronts on to high traffic location at corner of Dundas and Clarke Streets. Between National Pasta and Barburrito. Other tenants include Drivers and Vehicle Licence office. City Financial, Chiba Sushi and Papa John's Restaurants. C4-26 zoning allows many applications including retail, office, schools and restaurants. Lease hold improvements. For further information contact Listing Agents. 2915_DJW_1_0689
$4.00 SQ. FT. BASIC RENT $605/MTH COMMON AREA COSTS
478 DUNDAS STREET, WOODSTOCK MLS 74397 Excellent downtown core location, close to Museum, Banks & City Hall. Former Little Theatre storage space. Wide open space with 10 foot ceiling and full basement for storage. Brand new HVAC equipment. Come have a look and present your ideas to the Landlord for approval. Entrance from Market Square 2500 sq. ft. 2915_DJW_0055
11007505_3315
Dave Spencer SAL E S RE PRE SE NTAT I V E
62 1st Avenue South H: Chesley, Ontario N0G 1L0
519.363.2410 PHONE: 519.363.3726 davespencer@bell.net
HEART OF DOWNTOWN
2,000 square foot retail space with great window display and rear loading area. Two residential units upstairs for extra income. Good investment opportunity.
$120,000
$119,900
2915_DJW_4_0018
EIGHT UNIT INVESTMENT
2 commercial units and 6 residential . Great location with parking. Building is in good condition.
$149,000
EXCELLENT OPPORTUNITY
DURHAM 4 PLEX
2915_DJW_1_0020
$239,900
Operate your own business and live on site. Approximately 1800 square feet of retail space and a modern 1100 square foot apartment has open concept living and rear access. West facing deck to enjoy summer evenings. Sits in the heart of Chesley's downtown core. 2915_DJW_2_0019
3-2 bedroom units and 1-1 bedroom unit. Shows good return and is in good condition. Recently updated.
2915_DJW_0058
Please say you saw it in The Commercial Investor
COM_3315.indd 20
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NewSe
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
SECTION
HAMILTON
HAMILTON COVERING:
Grimsby Hamilton Haldimand Stoney Ancaster Caledonia Cayuga Creek Dundas Dunnville
For advertising
contact Doreen Wills Tel: 1-800-268-0077 or 905-570-9283
doreen.wills@ypnexthome.ca thecommercialinvestor@ypnexthome.ca
NewSectionPages_FullColor2015.indd 5 COM_3315.indd 21
2015-03-19 3:47 PM 2015-08-14 4:24 PM
22
Volume 15 Issue 08
Commercial Real Estate & Business Opportunities
INVESTPRO REALTY LTD.,
VMYSL
BROKERAGE
Specializing in Multi-Residential Listing and Sales “Your Investment Partner for Life”
Dino Nicosia, Broker of Record
Kandy Thompson,
Sales Representative
Direct: 289-244-5627 Email: kandy@investprorealty.com
Direct: 905-870-5852 Email: dino@investprorealty.com
6 UNITS NEAR MAC UNIVERSITY
FOUR PLAZAS FOR SALE AS A PACKAGE
Hamilton
Great condition and location. For details visit our website.
Total square feet 147,670. Net income $1,898,000 per year. See our website for details.
3315_DJW_0067
3315_DJW_2_0050
10 UNITS EAST HAMILTON
9 UNITS, EAST MOUNTAIN
Great condition and location. Never any See SOLD vacancy. L for A our website N ITIO details. OND
Fantastic location. Rare find! Owner is retiring. Rents have great upside. See our website for details.
C
3315_DJW_3_0051
COMMERCIAL, RESIDENTIAL COMPLEX
D ELLE
CANC
Converted to 6 residential units. Extra income from Billboard lease. For more details, visit our website.
W NE ICE PR
3315_DJW_2_0052
12 UNITS, HAMILTON ED AT ON V I NO NS RE MA
COMPLETELY RENOVATED. MONEY
Great condition and location. Renovated, spotless building. Never any vacancy. Safe investment. Visit our website for details.
W NE ICE PR
6 units, in one of the best locations in Niagara Falls. For details visit our website.
3315_DJW_2_0054
3315_DJW_2_0068
8 CONDO TOWNHOUSE COMPLEX, EAST
3315_DJW_1_0078
11 UNITS, DESIRABLE EAST HAMILTON
3 COMMERCIAL & 16 RESIDENTIAL,
ME SO ES S D ED RA NE UPG
SOLD
Good condition and location. Rents below market for the area. For more details visit our web site. 3315_DJW_1_0112
9558936_3315
www.investprorealty.com
Near Gage Park and the Red Hill Express. Great condition. Rents are low with huge upside. It could be purchased with the 10 units. For more details and financials visit our website. 3315_DJW_1_0095
SOLD
Great upside opportunity. East Hamilton near Ottawa St. shopping district. Arrange own financing. VTB Second mtg. Priced for quick Sale. Visit our website for details. 3315_DJW_2_0059
“Ready to invest?...you deserve the best” Please say you saw it in The Commercial Investor
COM_3315.indd 22
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Volume 15 Issue 08
23
Commercial Real Estate & Business Opportunities
8480843_3315
TONY HOZJAN Broker
Direct: 905.517.1149
Escarpment Realty Inc., Brokerage Independently Owned & Operated
INVESTMENT OPPORTUNITY DOWNTOWN HAMILTON $8,000,000 Entire city block 1.3 acres 21,000 sq ft retail. Income after expenses $480,000. Subway, Hasty Market, Rexall Drug Store. Excellent redevelopment potential.
Hamilton
www.tonyhozjan.com tony@tonyhozjan.com
Office: 905.573.1188
3315_DJW_0086
SUITABLE FOR NAIL SALON/SPA
TURN KEY Restaurant/bar liquor license 4200 sq. ft. Lease it, stock it, and open up and start making money. Includes equipment. Plenty of parking. Asking $18.00 sq. ft.
Approx. 1250 sq. ft of space. High traffic volume 55,000 cars per day. Close to St. Joes Hospital, Downtown and GO Station. Asking $18 sq. ft.
3315_DJW_0089
3315_DJW_0088
ALTERATION BUSINESS $39,900
DREAM RANCH 50 ACRES Close to Hwy 403 and #6. Approx. 5 acres bush/stream and 45 acres workable. Good down payment seller take back 1st mortgage.
Be your own boss. Low rent $720 month. Hamilton West Mountain location. Buy it today and start making money.
3315_DJW_0087
3315_DJW_0085
RICE LAKE Cottage life without the work. Co-Ownership, maintenance fee $225. Enjoy the 11 acres, heated inground pool, boating and fishing. When you're away rent it for $1700 weekly. Offered at $249,900.
3315_DJW_0084
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Commercial Real Estate & Business Opportunities
Volume 15 Issue 08
BUILDING VALUE ON A RENTAL PROPERTY… IT’S ALL ABOUT THE NOI.
By Dino Nicosia, Broker of Record, Investpro Realty Ltd., Brokerage
Hamilton
T
he real estate market is divided into many submarkets, such as commercial, industrial, vacant land and residential. The sub market for residential can be separated into two categories; the owner occupied and tenant occupied properties. The value of the owner occupied property is mostly determined by supply and demand. This demand is significantly influenced by disposable income, interest rates, consumer confidence and political and economical climate. Although the tenant occupied property value is influenced by the same factors, in addition it is affected more importantly by the income it generates. With this type of residential property you are not just buying the bricks and mortar, you are also buying the income that is being produced from the rent. Therefore a tenant occupied property is also classified as an investment property. Since the value of an investment property is largely determined by the income it produces, we should relate this to running a business where the goal is to end up with money in our pocket at the end of the month. After collecting the rent and paying all the bills, the amount of money left over, (before making the mortgage payments), is called the Net Operating Income (NOI). To determine an accurate NOI, the expenses must include property taxes, insurance, maintenance, vacancy reserve, utilities, garbage removal, lawn service, plowing, wages and management fees if any.
The NOI is directly tied into the Capitalization Rate (also referred to as the Cap Rate). The Cap Rate essentially represents the percentage return on an all cash purchase (not taking mortgage debt into account). Simply refer to the Cap Rate as being the return on the investment, and note that the Cap Rate will be determined by the current market sales in the area of the subject property. For example, let’s assume you purchased a 20 unit apartment building which generates an annual NOI of $100,000.00, and the purchase price of this property was $1,000,000.00. Therefore based on this purchase price, you are receiving a 10% return on the investment; or in other words, the Cap Rate on this purchase was 10%. Combined with the Cap Rate, the NOI will be instrumental in establishing the investment property’s value. Therefore if you want to increase the value of your tenant occupied property, you must improve your NOI. There are three major ways to increase the NOI: 1. Find ways to increase rents without affecting the vacancy. 2. Reduce property expenses without neglecting the property. 3. Do not rent the equipment…own them. 1. INCREASING RENTS: We will demonstrate the tremendous impact on value from rent increases, with this real life example. The ownership of a recently purchased 21 unit apartment building, created a business plan to renovate all units that became vacant and attempt to maximize their rents. They knew the great potential of increasing the NOI, which in turn would escalate the value of their property. The plan was to renovate and increase each unit by an average of $100.00 per month ($1,200.00 per year). Assuming that the current market Cap Rate is 7%, the value of the property would escalate by $17,000.00 by just increasing rent on one unit ($1,200.00 divided by 7% cap rate). In the course of one year they were able to maximize rents to ten apartment units for a total annual increase to the NOI by $14,000.00. This amount translated to an increase in value by $200,000.00. Before an investor undertakes this task, they should ask themselves; • Is it worthwhile to spend money for renovations if the rents can be increased as a result of the renovations? • Do the increased rents justify the expense? • Will the increase in value as a result of the renovations justify the expense? First let’s establish how long will it take to recoup the renovation costs? The answer comes down to doing the math. In the above example the renovation cost was approximately $3,000.00 8171452_3315
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Commercial Real Estate & Business Opportunities
per unit. After the renovation was complete the rents were increased by an average of $100.00 per month or $1,200.00 annually. It will take 30 months to recoup the expense or in other words the payback on the investment is 2.5 years. That equates to an approximate 40% annual return on the renovation investment, ($1200/$3000 = 40%). But most importantly the total value of the property based on a 7% cap rate had increased by $200,000.00. In this example, it’s clear that the renovations at a cost of $3,000.00 per unit ($30,000 for all 10 units) was a prudent investment 2. REDUCING EXPENSES: Reducing property expenses is often the most cost effective way to improve the NOI and increase value. • UTILITIES: Assess how much you are paying for heat, water and hydro and then establish how you can reduce these charges. • WATER: Conduct routine checks for water leaks and running toilets in each unit • HEAT: Check for loss of heat from windows, dirty radiators, old boiler system • HYDRO: If you are paying for the unit hydro, remember that old fridges consume more; charge extra for the use of A/C window units and check the timer to the common area and exterior lights. Educate your tenants on the benefits of energy conservation. • REALTY TAXES: Are you paying too much realty tax? Let’s face it, paying too much realty tax on investment properties could significantly impact the NOI and dramatically reduce value. Unfortunately most investors take this large expense for granted and assume that the assessment on their investment property is correct and never bother to investigate it. The reality is that many landlords are paying too much realty tax without being aware of it. As
an owner, you should make a point to investigate if you are paying too much realty tax on all your properties. I would like to share another real life experience of how an owner reduced his property tax by over $10,000.00 per year. In a transaction about 4 years ago, I noted that the property tax on my client’s new acquisition (a 20 unit apartment building in Hamilton On) appeared to be extremely high, based on my many comparables. Doing a quick check I calculated that the realty tax was about $12,000.00 too high. The first step was to ask MPAC to review the assessment through a simple on line application called Request for Reconsideration (RfR)” Do your homework by obtaining the assessments on similar properties. If you are convinced your property is over assessed, then simply go to the MPAC website and follow the instructions; download, and fully complete the (RfR) form. A local assessment officer will be appointed to review your application. Once the officer completes his investigation you will be notified on their decision. Should you not agree with the results from the reconsideration process, you still have the option for an appeal. The appeal process is more involved and will not be covered in this article. In reference to the application for the Request for Reconsideration by my client I am pleased to say it was a huge success. The owner received a revised tax assessment and a refund cheque for over $11,000.00. It was not just the refund that was gratifying, the increase in the NOI as a result of the realty tax reduction translated to a huge rise in value. By taking the revised net income and using a market cap rate of 7%, this equated to about a $150,000.00 increase in value!
Hamilton
Volume 15 Issue 08
3. RENTAL EQUIPMENT: Another relatively easy way to reduce your expenses and increase the NOI is to eliminate rental equipment. Make a plan to owning them instead. We continue another real life example of how the property value was increased for a 21 unit apartment building. The hot water tank rental was approximately $300 per month (including taxes) which equated to $3,600 per year. The cost to purchase and install the equipment was approximately $4,000.00. The purchase of this hot water tank was a great investment simply because of the approximate one year payback! But more importantly, this change also increased the property value by simply reducing of the operating expenses (or increasing the NOI) by $3,600.00 per year. How much would the property value increase after this relatively low investment? To assess the impact of the $3,600.00 of extra income that was generated by reducing the annual hot water rental expense, we need to divide this amount by the market Cap Rate. Let’s assume the current market Cap Rate is 7.0%, therefore by dividing by this Cap Rate the value had increased by $51,000.00, just by improving the NOI. ($3,600/7.0% = $51,000.00). The above scenarios demonstrate how simple investment undertakings produced a tremendous return rate and helped generate a huge increase in property value. One can now clearly see that increasing rents and or lowering expenses, (even if it requires expenditure to do so), is a wise decision. On the first real life scenario, the property was just sold for a $300,000.00 profit, after only one year of ownership. Remember, it is all about the NOI.
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Volume 15 Issue 08
H
A
M
I
L
T
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11292930_3315
Commercial Real Estate & Business Opportunities
N
Mazhar Roshan Sales Representative
905.929.9800
Direct
905.318.3800 24 Hr. Pager 647.609.9463 GTA Direct mazharroshan@sympatico.ca FOR LEASE BRANTFORD
Hamilton
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. 2115_DJW_2_6668
RETAIL STONEY CREEK MOUNTAIN
Located in highly growing neighbourhood on Stoney Creek Mountain next to new Walmart & Financial Institutes, in a plaza with 3310 sq ft retail space available (can be divided). Other tenants include drive thru Tim Hortons, Esso Gas Station, Avondale, Gino Pizza & many more. TMI is estimated 10.00 PSF, immediate possession avail. 4914_DJW_2_0024
HIGH VOLUME CONVENIENCE STORE
BUSINESS OPPORTUNITY
CONVENIENCE STORE AVAILABLE
BUSINESS FOR SALE
BROKERAGE I have qualifi ed buyers for up to $5m in commercial and investment buyers. Call for details.
Doing approx.. $1M in sales per year. Lottery income extra. Reasonable rent. Long lease. A money Maker! Great family operation. East Hamilton location If you are looking to open a nail and massage spa, I have an oppurtunity to takeover an existing business that would cost less than to open a new business! Nice set up. All equipment included. Call for details.
Doing $12,000. Per Week. Prime Location. Call Mazhar for more details.
Well Established restaurant. short hours 8:00 am to 4:00 pm. Doing very well in sales. Real Money Making Business. Lots of potential. Good for family or business minded person. Serious buyers call for detail.
“My Business is to Sell Your Business�
11294991_3315
Upcoming Event for HDAA The next dinner meeting is September 9th, 2015 How to register: Contact info@hamiltonapartmentassociation.ca LOCATION: Waterfront Center 555 Bay St. North, Hamilton, ON
The HDAA has a strict 48 hour cancellation policy. If you do not cancel your registration within this time, we may hold you financially responsible for the costs.
TIME: 6:00 - Check in / registration 6:30 - Dinner (followed by coffee & tea) 7:30 - Presentation starts
Email and online registrations must be confirmed to be valid. The registration deadline for dinner is Sept. 7th, 2015 at 12:00 pm. If you are only coming for the presentation please let us know. Payment must be made at the dinner. Cash or Cheque only.
RATES: (dinner & presentation) MEMBERS - $30 (presentation FREE) NON-MEMBERS - $50 (if non-members wish to only come to the presentation, the fee for that is $10, coffee and tea included) Please say you saw it in The Commercial Investor
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Volume 15 Issue 08
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Commercial Real Estate & Business Opportunities
4011 HWY 6, HAGERSVILLE $1,975,000
1834 HUTCHINSON ROAD, DUNNVILLE $1,500,000
681 CONCESSION 14, TOWNSEND $799,000
Valuable 10.06ac comm. prop in E. Hagersville. 60-90 mins S. of Toronto. Incs 3 bldngs - Bldng #1 - 14,000sf w/20 offices, 5 baths, 3 kitch, 3 sep. security zones, incs 4000sf htd warehouse. Bldng #2 - 9400sf, 7 bays, UL offices, rented to quality tenant. Bldng # 3 - 1800sf + 1300sf lean to. Huge pvd lot. Enviro reports avail. Zoned MG. 3315_DJW_0036
Turn-key Family owned/operated (60+yrs)Prov. Inspected Meat Abattoir on 9ac. 70-90mn. Toronto near Dunnville. 9000 sf slaughtering/processing facility w/"A" audit grage, 3000 sf coolers, 2 loading docks-all equipment-sch.att. Slaughtering apx. 40 markets/110 BBQ's daily-4days a week. 1.5 stry dwelling. Servicing Toronto Chinese Market. 3315_DJW_1_0049
Profitable, family owned/operated greenhouse business growing hydroponic cluster tomatoes since '94. Sit. 3.89 ac. incs 82,228 sf poly-houses, renoed 1.5 stry home in Norfolk Cnty E./Simcoe. P&L avail. Serious buyers only confidentially agreement required. Equipment sch.att. Seller will train. Immaculate property! 3315_DJW_1_0050
Hamilton
8171399_3315
RE/MAX Escarpment Realty Inc Brokerage
1812 THOMPSON ROAD, WATERFORD $729,000 63 8TH CONCESSION, BURFORD $949,000 Pristine 37.57ac income producing property situated across from Burford's southern urban boundary. Incs century 4 bdrm home (circa 1900), 36x40 insltd stl clad wrkshp, 2007 w/conc. flr + 2 - 12x12 drs, 50x80 free-span I-beam building, rented to feed supply/retail tenant + 35ac vegetable soil. $21,100 annual income. *Zoned "A" 3315_DJW_0037
Exceptional 24.66 ac multi-purp. property incs. 1992-4 lvl sidesplit w/.garage, det. wrkshp., 5402 sf. Prov. inspected Abattoir, +/20ac. sys. tiled wrkble land_lrg paved prkng lot. Continue as Turn-key meat faculty-ideal for landscaper, trucker, hobbyist-90 mns/Toronto/London near Waterford.
3315_DJW_8000
3315_DJW_1_0051
113 MAIN STREET, JARVIS $289,000
334-338 MAIN STREET, PORT DOVER $449,000
868 NORFOLK ST S, SIMCOE $349,900
Prime Retail/Comm. property in the centre of trendy dwntown P.Dover. Sit. on 66' x 325' lot, inc ext. renoed brick/stone building, 2 garages (62' x 28') (22' x 31') w/5 bays, fts 4800sf retail storefrnt, updtd roof covering/HVAC/electrical/plumbing + lrg display windows. Incs 1200sf UL aprtmnt! Motivated seller!
Turnk-key destination restaurant loc. mins S/Simcoe en route to Turnkey & Long Point. Incs apx. 4500sf building sit. on .82 ac lot w/233' road frntge, paved lot 20/30 vehickes, n/g HVAC, new comm. septic '14 well w/UV MAX syst. '15, LCBO licensed - 106(inside)-36(outdoor patio), "Silverware" syst....see att. equipment list. Incs. 1.5 stry dwelling. Asset purchase-No P&L. By apptmnt only! 3315_DJW_1_0052
3315_DJW_0038
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. 14 ROBINSON STREET, SIMCOE $169,500
1187 LAKESHORE ROAD, SELKIRK $289,900
279 LINK ROAD, CAYUGA $214,900
Your chance to own famous L.Erie restaurant "Parrothead Cafe" was Selkirk's premier "Hot Spot" across the road from the lake. Sit. on 2.5 ac lot zoned CR w/outdr patio. Int./ext. extensively renoed since '09. Updts/roof '08, furn/c-a '08. N. vacnt lot/E. res. prop avail. Renos require completing. Currently not operating. 3315_DJW_2_0053
Interesting 1.01 ac rural comm. property ftrs 2480sf conc. block former Firehall/EMS bldng w 13' - 23' cilings, 2 - 12 x 12 ins. RU drs, 2 bths, 2 n/g htrs, kitchenette, 200 amp, cistern, holding tank + conc. flrs. Incs vacant former Community Hall "AS IS" no entry permitted. IC zoning allows SFR. Offers by Aug. 20/15-Irev.Sept.22/15 3315_DJW_0039
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.
3315_DJW_3_0033
10.45 ACRES ON MAIN STREET, JARVIS $149,000 Prestige Ind Zoned 10.45ac parcel. N/G, mun. water/sewer, hydro at/near lot line. Flat site w/155' frntge/access Hwy 6 extends Hald Rd. 55. Buyer resp/verify zoning/uses/permits-costs of dev./lot levy/HST charges. Hi-traffic exp, VTB avail, phase 1&2+ Please say you saw it in The Commercial Investor
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businesssavvy
SMALLEST BUSINESSES MAKE BIGGEST INVESTMENT IN TRAINING Small firms hire double the percentage of inexperienced workers compared to larger businesses
C
anada’s smallest businesses lead the way in employee training, investing nearly $2,000 per employee on average each year according to the Canadian Federation of Independent Business’ (CFIB) latest report. These findings challenge the view that small firms are slower to invest in training than their larger counterparts, who spend $1,713 per worker. Informal, or “on-the-job,” training, is a key investment for small business, totalling $9 billion annually, making up 64 per cent of the $14 billion small and medium business invests in training. In total, informal training is offered by 90 per cent of small and medium businesses, and is done without any government credits or grants. “Formal training is important, but there is no substitute for what you learn on the job,” said CFIB President Dan Kelly.“Informal training provides both foundational skills and key industry techniques that simply can’t be learned in a classroom setting. There’s a reason that employers value work experience above almost everything else.” Inexperienced workers make up 18 per cent of new hires in small firms, versus only nine per cent in their larger counterparts. Small businesses invest
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an average of over $4,200 training each new, inexperienced employee – much higher than the investment of training an employee with experience. Although 85 per cent of small and medium businesses believe it is their responsibility to train new workers, many small firms will never see a return on that investment. Sixty per cent fear that employees will receive training, and then leave.“Too often, small businesses train employees only to see big business and the public sector swoop in and poach them away,” added Kelly.“Independent businesses take pride in training Canada’s workforce, but ‘we train, they gain’ is not sustainable.” While there have been small steps that recognize the unique training needs of small businesses, all governments need to do more. CFIB is calling on the federal parties, as well as provincial and territorial governments to even the playing field by offering a new training tax credit that recognizes informal training. Sixty per cent of small and medium business owners say such a credit would boost their ability to train tomorrow’s workforce. Read the full report, Small Business, Big Investment: Improving Training for Tomorrow’s Workforce at cfib-fcei.ca. CFIB is Canada’s largest association of small- and medium-sized businesses with 109,000 members across every sector and region.
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Volume 15 Issue 08
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Commercial Real Estate & Business Opportunities
TOP 1% IN CANADA
ROYAL LEPAGE STATE REALTY BROKERAGE Emily DeNardis
Sean Morrison
200 FT HWY 8, STONEY CREEK
E. Martin Mazza
Cyndi Love
STONEY CREEK, HWY 8 COMMERCIAL
1,925,000
Shelley Baker-Gracie
Nancy Mungar
Jeff Stone
TURN KEY FRANCHISE OPPORTUNITY
699,900
199,900
PRICE: $
PRICE: $
PRICE: $
200 ft on Hwy 8, plus 50 ft on each of Margaret & Millen Rds. Property is approx. 1.25 acres & has 5 bldgs w/5 tenancies. Lots of possibilities. MLS #H3158570
Work, live, invest, develop. Take your pick w/this versatile property on Hwy 8 at Fruitland Rd. On a bus route w/easy QEW access. Currently fully occupied w/2 commercial & 2 residential units. Lots of interior & exterior updts. Great exposure w/signage & tons of parking. MLS #H3154476
Turn-key restaurant business opportunity, established under a franchise name, catering to breakfast & lunch. Operating for 2 successful yrs in heart of Stoney Creek on Hwy 8. All recent leasehold improvements, equipment & chattels. Long term lease, tons of parking. MLS #H3157838
2515_DJW_0059
Hamilton
905-662-6666
2515_DJW_0060
2515_DJW_0061
E. Martin Mazza, B. Comm, B.A. - Sales Representative 11242208_3315
martin@changeyourhome.ca
@ www.changeyourhome.ca
10339498_3315
905-662-6666
For
Further inFormation:
John hryczynski Broker
(905) email:
REAL ESTATE BROKERAGE CommerCial
529-5900 x 240 John@BBsrealty.com
www.BBsrealty.com
commercial real estate
real estate sales and leasing serviCes 3315_DJW_0083
PRIME DOWNTOWN HAMILTON LOCATION Hamilton's landmark building consisting of 220 Residential units and 70,000 sf of offices and retail space w/ underground & convenient adjoining surface parking. Walking distance to the GO Station, court houses and most other downtown core amenities and services. Prime corner location, ground floor Retail/Office Units: 2,006 sf & 2,604 sf (divisible), economically priced, asking $14.95/sf GROSS and corner retail unit - 1,817 sf asking $15.95/sf GROSS. Economically priced, immediate possession.
CENTRAL HAMILTON MOUNTAIN Prime Upper James Street Golden Mile location on this power retail corrider, high traffic location with easy access to major highways and residential areas. Busy 81,000 sf Retail Centre with many national destination tenants anchored by Talize, Hockey World & Beer Store. Ideal for most retail/office/medical uses. Unit 9 - 3,661 sf @ $14.95/sf net. Call agent for details!
RETAIL/OFFICE FOR LEASE
RETAIL/OFFICE FOR LEASE
3315_DJW_1_0062
3315_DJW_2_0089
RETAIL/OFFICE FOR LEASE
3315_DJW_2_0066
DOWNTOWN HAMILTON DISTRICT A well established popular restaurant & building for sale with 2 commercial units and potential to renovate the vacant 2nd & 3rd floors to residential units. Excellent exposure and corner location with patio in the heart of the resurging International village district in the downtown core. Ideal for a future mixed use redevelopment site. Seller may lease back and may offer a possible VTB. Asking $1,099,000.00
3315_DJW_0082
BUILDING & BUSINESS FOR SALE
EAST HAMILTON MOUNTAIN A first class busy regional retail complex, anchored by Metro Food, Shoppers Drug Mart, LCBO, department stores, banks & other retailers w/tremendous parking capacity. Unit 9 - 13,390 sf: retail space ideal for a fashion, Dollar, furniture store or other uses, asking $16.95/sf net; Unit 29 - 1,520 sf: current bar/ restaurant use ideal for same or most other retail/office uses. Immed. poss'n, call for details.
EAST HAMILTON 170 SILVERCREEK PARKWAY NORTH, GUELPH Attractive neighbourhood retail plaza in the heart of a high Located on a major arterial road across from Willow West Mall. population mixed density res. area. Easy access to Red Hill Many national tenants on this power retail strip. Unit 2 - 2,151 sf, Expressway. Units sizes vary from 786 - 6,800 sf with rental former variety store, asking $13.95/sf and Unit 6 - 4,550 sf asking rates Economically priced from $9.95 - $13.95/sf net. Ideal for $12.95/sf, unit divisible from 1,250 sf, rates vary on size. Ideal for most retail/office uses. Landlord may assist with improvements. most retail or other uses, landlord may assist with improvements. Abundant parking. Immediate possession. Immediate possession, loads of parking. Call for details.
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Volume 15 Issue 08
Commercial Real Estate & Business Opportunities Visit my website
Augie
276 Main St. W. Hamilton, Ontario (just West of Queen St.) L8P 1J8
Hamilton
8471320_3315
Ammendolia BROKER
905-518-6713 Office: 905-522-6001 Cell:
HAMILTON INCOME PROPERTIES HAMILTON DOWNTOWN DEVELOPMENT SITE $1,295,000
2915_DJW_2_0037
2915_DJW_1_0083
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.
HAMILTON CENTRE $1,495,000 - COMMERCIAL/ RESIDENTIAL BLDG. Great location. 12,000 SF - 6
3 STORES + 3 APTS OTTAWA ST
FOR LEASE MAIN ST.
COMING SOON
Large 1st flr. Commercial space available for various uses. i.e. offices, retail, restaurant, medical offices. High visibility and traffic flow, corner property with ample parking.
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 2915_DJW_2_0084 SIZE: 107.3 FT X 158 FT.
2915_DJW_2_0085
WELL ESTABLISHED HAMILTON BAKERY (BUSINESS AND REAL ESTATE)
$575,000 In operations for over 60 yrs presently known as Gibson Bakery, fully equipped distributing to major retailers. Opportunity for new entrepreneur to take business to a new higher level. Close to Sherman Ave N and Barton St. The once "Little Italy" of Hamilton now enjoying new Renaissance of new business and development. Price includes business, equipment & real estate. Owner occupied 3 BR house. Approx. 5,000 sq. ft. Turn key operation.
Great corner location in the heart of Ottawa St. Hot business district. 3 stores plus 3 apts above plus income for Pattison Billboard signs, rear parking. Annual gross income approx $73,000. 2915_DJW_0017
HAMILTON MOUNTAIN COMMERCIAL SPACE FOR LEASE
$800,000
6 UNITS CENTRAL HAMILTON
Charming 6 units bldg in trendy South Central Hamilton near Stinson School Lofts. Tenant pay hydro. On site parking and laundry. Adjacent 6 unit bldg. available for sale as well.
2915_DJW_1_0043
$1,800/MTH Business 15 yrs in this location. Located at Upper Ottawa St suitable for many types of businesses. Office + washroom & 2 storage rms. Total space of approx. 1,100 SF. Tenant pays heat, hydro and water, tax $163 per month, (Pls call Listing Brokerage for more info).
2915_DJW_0100
2915_DJW_1_0078
6 UNITS CENTRAL HAMILTON
$895,000
$800,000
CENTRAL HAMILTON 8 UNIT APT BLDG
Charming 6 units bldg. in trendy South Central Hamilton near Stinson School Lofts. Tenants pay hydro. On site parking and laundry. Adjacent 6 unit bldg. available for sale as well.
2915_DJW_2_0044
$879,900
Charming 8 unit Apt Building on Main St close to Sherman Ave S HUB neighbourhood. 6 - 2 Br and 2 -1 Br Units. Nicely laid out with updated kitchens and baths with breaker panel boxes in each unit. Rear Tenant parking with on site laundry and Balconies. Retrofit Compliant and zoned as a purpose built 8 2915_DJW_1_0095 unit building.
LD
SO
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Volume 15 Issue 08
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Commercial Real Estate & Business Opportunities
T
S
h e
8181503_3315
State Realty Brokerage
h a r m a
Sales Representative
e a m
Rick Sharma BROKER
Independently Owned & Operated
Massimo Iudica
T
905-574-4600
Mirella Agro
Fax: 905.574.4345 987 Rymal Road East Hamilton, ON L8W 3M2
Sales Representative
STATE REALTY BROKERAGE INDEPENDENTLY OWNED & OPERATED
905-662-6039 905-574-7441
info@ricksharma.com
BRAND NEW COMMERCIAL UNITS
www.thesharmateam.com
COMMERCIAL
Hamilton
BINBROOK - $29,999
STONEY CREEK
3315_DJW_0066
11105789_3315
3315_DJW_0006
In the heart of Binbrook downtown, sits this Dry Cleaning Depot/ Alteration site in a huge Strip Mall consisting of Tim Hortons, Bank, Restaurant & with easy access to Hwys. Very profitable business with positive cash flows. Attractive lease with future renewal options. All chattels included. Call for more details. See "www.thesharmateam.com" for more.
9742018_3315
Looking to expand, move, or start your business in a prime location? Approx. 1100 sq. ft. available with additional space in basement if needed. Lease rate $2650.00 per month. High traffic location, highway access, public transportation. For more info call Massimo Iudica or Mirella Agro at 905 574-4600
Cosmo Costa SALES REPRESENTATIVE
Your Investment Property Specialist
2915_DJW_2_0024
2915_DJW_2_0025
2915_DJW_1_0155
Free standing all brick contr. 3/large 1 bdr units plus a laundrymate business.Gross income of $41,300 N.O.I. $25,319.
Steps to Tim Hortons Stadium. Large triplex 2-2 bdrs unit & 1 bdr unit. 3 car garage, 2 hydro meters. 100 amp service. Gross income $28,800, N.O.I. $17,911.
13 UNIT BLDG, All Brick Constr. Newer Windows, Roof. Tenants pay hydro. Gross income of $178,740. N.O.I. $135,972.
2915_DJW_1_0140
2915_DJW_2_0059
2915_DJW_0127
STATE REALTY BROKERAGE
Centrally located 15 unit apartment bldg. All brick construction. Newer roof, windows. Tenants pay hydro. Gross income $204,036. N.O.I. $160,059.
Solid construction approx 10 yr old bldg. Consisting of 6-1 BR units and 1-2 BR units. Tenants pay heat, hydro. Many recent upgrades, ample rear parking & more. Seller will assist with a V.T.B.
Here to be your own boss! Mr. Sub franchise for sale. Building is leased. Approx. $50,000 spent on renovations to the store! Busy high traffic location on Rymal Rd. Lots of parking, drive through window.
CENTRAL LOCATED 10 UNIT All brick construction building consisting of 6-1BR, 3-2BR & 1 Bachelor. Some parking, separate meters. GROSS INCOME $69,090.N.O.I. $52,669.
www.cosmocosta.ca
FANTASTIC OPPORTUNITY
ROSEDALE LOCATION 7 Residential units. Consisting of 4 Bachelor, 2 - 1 Bedroom, & 1 - 2 Bedroom units. GROSS INCOME OF $58,320. EXPENSED OF $14,434. N.O.I. $43,886.
CALL 905-662-6666
Please say you saw it in The Commercial Investor
COM_3315.indd 31
2015-08-14 4:25 PM
investoradvice
How to spot a successful CONDO INVESTMENT OPPORTUNITY
W
hen it comes to investing in condos, not all projects are created equal. Some are more profitable than others, some provide investors excellent return on investment, while others do not. So, how do you know what to look for when choosing a condominium to invest in?
While there are hundreds of factors to consider when picking the right project, here are four tried and true ingredients for a successful condo project to invest your money:
1 MULTI-PHASE PROJECTS Projects that are not just one-off buildings, but rather contain multiple buildings rolled out over time as part of a bigger master plan, are great for investment. If the project is successful at the start, prices always go up for subsequent phases. Getting in early in a multi-phase project is a proven method of making money in condo investing. 2 LOCATION WITH UPSIDE POTENTIAL While it’s hard to go wrong when you invest in an established triple-A location, often it takes a little more foresight to see the greatest opportunities are in areas that are still in transition. Ten years ago, no one wanted to live at King and Bathurst in Toronto. Now this area is one of the hippest and hottest in the city. Today for example, the east side of downtown Toronto is much cheaper on average than the west side, which provides an excellent opportunity to invest. 3 AREAS WITH HIGH RENTAL DEMAND When evaluating potential condo buildings to invest in, be sure to study the rental market in the immediate vicinity to see how much demand there is to live in the area. Look especially for two things: are rents increasing, and how many days on the market does the typical rental listing last? Areas with rapidly increasing rental rates and low time on the market are more likely to outperform other areas. 4 DEVELOPER HISTORY On this point, I’m not referring to whether the developer has a solid history of building good product and finishing on time (while that is important). I’m referring to their history with their investor buyers. The best condo projects for investment are often those where the developer understands and puts a high value on the role of the investor buyer in the sales process. They reward their early investors with great prices, and this translates into strong asset appreciation by the time the building is complete.
Andrew la Fleur is an award-winning Realtor with Re/Max. Andrew’s expertise is in helping investors make money in the Toronto condo market. Check out his blog at truecondos.com. Contact Andrew at 416.371.2333 or email andrew@truecondos.com
COM_3315.indd 32
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Volume 15 Issue 08
33
Commercial Real Estate & Business Opportunities
For Sale By Owner Single Family Home
Single Family Home
SOLD
SOLD
Located on Cannon and Emerald, this house offers an annual rent of $16,800. Asking price $199,000. Property ID 101.
Victoria and Barton single Family House brings in annual rent of $16,200. Located in an upcoming area. Limitless potential. Asking price of the property is $195,000. Property ID 33
Bringing in an annual rent of $16,200, this property is offered for $195,000. Located on Barton and Victoria. Close to all amenities. Very desirable area. Potential is limitless. Property ID 81
4514_DJW_0084
4514_DJW_0081
4514_DJW_0083
SOLD
Duplex
3-Plex
Single Family Home
High potential Cannon and Ottawa area. This single family home offers annual rent of $14,000 and is available for the price of $175,000. Property ID 1054
4514_DJW_0091
4-Plex
5-Plex
Amazing potential with this 4 Plex located on Victoria and Barton. Annual rent $30,000. Asking price $399,000. Property ID 322.
Potential is truly limitless with 5 Plex located on Wilson and Wellington. Property is currently rented with annual rent $40,000. Asking price $499,000. Property ID 206.
Hamilton
Single Family Home
SOLD This Duplex located on Barton and Sherman. Perfect opportunity for new or experienced investors. Annual Rent $20,400. Asking price $299,000. Property ID 624.
Amazing 3 Plex is located on Cannon and Mary. Amazing opportunity. Don't miss out. Annual rent $45,300. Asking price $349,000. Property ID 115.
6-Plex
7-Plex
4514_DJW_0087
4514_DJW_0085
4514_DJW_0089
4514_DJW_0086
13-Plex
15-Plex
This is a real investors dream, located on Main and Gage. Very desirable. Annual rent $127,000. Asking price $1,299,000. Property ID 831.
Amazing 15 Plex property located on King and Gage. Unlimited potential. Annual rent $180,072. Asking price $1,799,000. Property ID 2.
SOLD Don't miss out on this 6 Plex on Barton and Sanford. Annual rent $49,800. Asking price $549,000. Property ID 13. 4514_DJW_0080
Located on Main and Wentworth this 7 Plex is a potential gold mine. Annual rent $60,000. Asking price $599,000. Property ID 47. 4514_DJW_0082
4514_DJW_0088
Handyman 2 Comm. + 2 Res.
Handyman 6-Plex
Handyman 3 Comm. + 5 Res.
Handyman's dream on Main and Ottawa. Needs some renovations. Unlimited potential. Main floor can be used as a commercial unit. Asking price $289,000. Property ID 1143.
Very busy and booming area of Barton and Sherman. Needs some renovation. Asking $589,000. Property ID 167.
4514_DJW_0092
4514_DJW_0094
Located on King and Steven. Potential gold mine. Commercial main floor. Very high potential. Asking $649,000. Property ID 561.
Investors Depot
4514_DJW_0079
Handyman 7 People Care Centre
Upcoming and booming area of King and Parkdale. Massive property. High in demand and very desirable. Asking $699,000. Property ID 2354.
4514_DJW_0090
4514_DJW_0093
p: 289-689-3862 e: joecher@investorsdepot.ca
www.investorsdepot.ca Please say you saw it in The Commercial Investor
COM_3315.indd 33
11291987_3315
2015-08-14 4:25 PM
GREATER TORONTO AREA
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
GTA SECTION
COVERING: Ajax Alliston Bowmanville Bradford Bolton Burlington Brampton Concord, Durham Region
Etobicoke Georgetown Georgina Keswick Markham Milton Mississauga Newmarket North York Oakville Oshawa
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@ypnexthome.ca thecommercialinvestor@ypnexthome.ca
NewSectionPages_FullColor2015.indd 8 COM_3315.indd 34
2015-03-19 3:47 PM 2015-08-14 4:25 PM
Volume 15 Issue 08
35
Commercial Real Estate & Business Opportunities
ATTENTION INVESTORS
}
Do you have children attending the University of Western Ontario? CALL FOR MY EXPERTISE IN THE AREA OF STUDENT HOUSING OPPORTUNITIES NEAR THE UNIVERSITY OF WESTERN ONTARIO & FANSHAW COLLEGE. TAKE ADVANTAGE OF MY KNOWLEDGE OF THE CITY OF LONDON BY-LAWS & RENTAL LICENCING.
11299343_3315
NELSON CONROY 519-672-9880
London South - 334 Wellington Road S, N6C 4P6
nelsonconroy@royallepage.ca
416-665-2020
stassone@trebnet.com www.oakwoodrealtycorp.com
by
Oakwood Realty Corporation REAL ESTATE BROKER
SAM TASSONE
Greater Toronto Area
Sales Representative
Broker of Record OWNER
11299534_3315
CALEDON
BRAMPTON
12.5 acres the Gore Road and Mayfield. Park your money and watch it grow! This site features a 2 bedroom bungalow currently rented and updated barn.
50 acres Bovaird and Winston Churchill. Unique development opportunity with 8000 square foot building, excellent site for a person with a vision.
$4,950,000
3315_DJW_0054
NIAGARA FALLS
$1,495,000
VAUGHAN
$429,900 Two stores, open air patio and one apartment. Great income and upside located in up and coming area of Niagara Falls 3315_DJW_0056
For lease 900 square feet plus basement in busy Vaughan Plaza this unit would suit most commercial and office uses.
3315_DJW_0057
3315_DJW_0055
PRESTON ONTARIO
Former drive in theatre situated on 17 acres, continue the past use or rezone to 14 one acre residential building lots. 3315_DJW_0058
Please say you saw it in The Commercial Investor
3:47 PM
COM_3315.indd 35
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Volume 15 Issue 08
Commercial Real Estate & Business Opportunities
FOR SALE
2515_DJW_0001
PARKING BARRIER COMPANY 11298089_3315
ATTENTION: Investors & Developers
This is a unique rare concept, consisting of a parking obstruction device. A truly rare innovation! Keep vehicles out of private parking spaces, or lots. Lots of demand for this technology. Owner retiring due to age. Please call Klaus at 416-255-6493.
Greater Toronto Area
11297876_3315
www.parkguardinc.com
William Hicks SALES REPRESENTATIVE
BURLINGTON, OAKVILLE, MILTON, HAMILTON OFFICE, INDUSTRIAL, RETAIL 3315_DJW_1_0061
3315_DJW_0014
G
TIN
W
NE
LIS
INDEPENDENTLY OWNED & OPERATED BROKERAGE 3315_DJW_1_0023
williamhicks@royallepage.ca
OFFICE: 905-335-3042 Ext 579
BURLOAK REAL ESTATE SERVICES BROKERAGE
FOR LEASE
FOR LEASE
OFFICE/RETAIL SPACE
Three suites available in the Burlington Mall Office Galleria, ranging from 2,263 sq.ft. - 6,761 sq.ft. with the potential of combining all three for 15,712 sq.ft. Great class A lease rate of $12.00 Net. Call or email William for floor plans and t.m.i.
Quiet charming office space located in West Burlington directly beside the Royal Botanical Gardens. Gross lease of approx. 1,050 sq. ft. split over two floors. The space boasts nice natural light with a warm and inviting feel. Kitchenette on the second floor with washrooms on both first and second floors. Space well suited for destination business.
Very warm and inviting office space with 24/7 direct access. Located in a small busy plaza in designated growth area of Burlington. Plaza tenants include a dentist, chiropractor, government medical agency, fish market and fishing equipment outfitter. Great space for doctors office, walking clinic, accountant, professional office and retail possibilities. 1,522 sq. ft. with fresh offices and welcoming reception area. Call William for additional details.
Information provided by owner and is not warranted by Royal LePage Burloak Real Estate Services Brokerage. Subject to change without notice. 11287063_3315
Please say you saw it in The Commercial Investor
COM_3315.indd 36
2015-08-14 4:25 PM
Volume 15 Issue 08
Givalas Real Estate 8973548_3315
37
Commercial Real Estate & Business Opportunities
Brokerage
Nick Givalas Broker of Record
Ltd.
(905) 479-4436
email: ngivalas@trebnet.com
3315_DJW_0062
WOODBRIDGE PLAZA First time offered! 5 retail stores and 10 2 bedroom Apartments. Renovated. Good income. Prime Hwy 7 location. Vendor financing available. Don't miss out! Serious inquiries only. Exclusive listing.
Exclusive ASKING $2,700,000 Freestanding building. Approx. 4,000 sq ft on about 1 acre of land in prime downtown Ajax. Room for expansion. Tenant on a net lease. Good investment opportunity! Serious inquiries only.
Exclusive
Greater Toronto Area
3315_DJW_2_0075
INVESTMENT PROPERTY FOR SALE
ASKING $1,395,000 3315_DJW_2_0060
FOR SALE OR LEASE 557 KING ST. E., OSHAWA
SOLD AL N O I T I OND
C
Prime Highway 2 location in Oshawa. Almost one acre. Freestanding building over 5000 square feet with fully equipped restaurant. Ideal for any type of business on busy King Street. The property includes the rear lands to the East of the neighbouring property for additonal parking with access from Athol Street. Great investment or development site beside Royal Bank.
ASKING $1,395,000 FOR LEASE $16.00 SQ. FT. NET
INVESTMENT PROPERTIES WANTED! We are currently looking for investment properties from $2,000,000 to $20,000,000. Within one hour of the GTA, from retail strip plazas, multi-residential units and highrise apartment buildings
Our Family has been in the Real Estate Business since 1955 and has a large client base for these type of properties. Call to discuss the potential sale of your property now or in the near future Please say you saw it in The Commercial Investor
COM_3315.indd 37
2015-08-14 4:25 PM
trebreport
GTA REALTORS REPORT commercial market figures
T
oronto Real Estate Board President Mark McLean announced that TREB Commercial Network Members reported a combined 323,761 square feet of leased industrial, commercial/retail and office space in July 2015. This result was down by 11.6 per cent compared to July 2014. The industrial market segment accounted for 71 per cent of total space leased.
up for all three property categories, but the price changes were more associated with a change in the mix of properties sold this year compared to last year.
Changes in average lease rates for properties leased on a per square foot net basis with pricing disclosed were mixed. The average industrial lease rate was down slightly to $5.22 compared to $5.48 a year earlier. The average commercial/ retail lease rate was up quite substantially year-over-year, but this was more to do with a change in the mix of properties leased. Similarly, the average office lease rate was down by approximately 15 per cent, as the locations of office space leased through TREB’s MLS System this July were different compared to the same timeframe in 2014. “Both the amount of leased space and the number of commercial properties sold were down on a year-over-year basis in July. While commercial transactions can be volatile on a month-to-month basis, it is also likely that an uncertain economic outlook weighed on some firms’ decision to relocate and/or take on more space,”said Mr. McLean. “However, the GTA economy appears to be performing better than many other regional economies in Canada. This could fuel an increase in demand for commercial space moving forward,” said Mr. McLean. Combined industrial, commercial/retail and office sales amounted to 60 in July 2015 – down from 80 transactions reported in July 2014. Average sale prices reported on a per square foot basis for transactions with pricing disclosed were
COM_3315.indd 38
2015-08-14 4:25 PM
JULY 2015: ALL COMMERCIAL LEASE TRANSACTIONS: Per Square Foot Net Commercial Leasing Summary Lease Transactions Completed on a Per Square Foot Net Basis with Pricing Disclosed on Toronto MLS
Leased Sq. Ft. (Price Disclosed, Per Sq.Ft. Net) July 2015
July 2014
% Change
Industrial
230,182
218,243
5.5%
Commercial
45,609
99,473
-54.1%
Office
47,970
48,722
-1.5%
Total
323,761
366,437
-11.6%
July 2015
July 2014
% Change
Industrial
$5.22
$5.48
-4.7%
Commercial
$23.47
$18.92
24.1%
Office
$11.49
$13.52
-15.0%
Avg. Lease Rate
JULY 2015: Commercial Sales Completed with Pricing Disclosed on TorontoMLS Sales (Price Disclosed) July 2015
July 2014
% Change
Industrial
16
26
-38.5%
Commercial
33
42
-21.4%
Office
11
12
-8.3%
Total
60
80
-25.0%
July 2015
July 2014
% Change
Industrial
$125.13
$93.62
33.7%
Commercial
$249.56
$214.65
16.3%
Office
$343.98
$186.61
84.3%
Avg. Sale Price Per Sq. Ft. (Pricing Disclosed)
COM_3315.indd 39
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40
Volume 15 Issue 08
Commercial Real Estate & Business Opportunities
#
Commercial Team In Canada! *
Brokerage Independently Owned And Operated ** +
**
www.PBcommercialteam.com ** Sales Person
+
Broker
TORONTO WEST APARTMENT BUILDING
HULLMARK CENTRE OFFICE SPACE C EX
LU
SI
VE
NL Y
LU
VE
PR
IN
CI
PA L
SO
C EX
SI
Greater Toronto Area
Premium office space at Tridel’s new Hullmark Centre at Yonge & Sheppard! Approx. 916 gross Sq. Ft. with floor to ceiling windows overlooking Yonge St. and underground access to two subway lines! For Sale! Call for pricing!
Attention Investors! A 96 unit, low maintenance apartment building located in a superb West Toronto location. Sitting on over 2 acres this practically runs itself and with rarely any vacancy! $13,250,000
PRIME MISSISSAUGA AUTO LOCATION
OFFICE SPACE! DON MILLS / LAWRENCE
YOUR BUSINESS HERE
• • • • •
Stunning 3383 Sq. Ft. office space in rarely offered, modern class ‘A’ office building at prime ‘Shops At Don Mills’ location! Current medical office w/hundreds of thousands in superb leaseholds. Can be used for any professional use; tons of windows/great views!. $18.95/Sq Ft. Net
WORLDWIDE TROPHY ASSETS!
PRINCIPALS ONLY
Downtown Manhattan skyscraper! Both comm & retail space: $975M Las Vegas, NV casino! 21 floors on approx. 37 acres $475M Brooklyn hotel, popular hotel chain, over 320 rms $169 M Las Vegas, NV hotel / casino over 3,800 rms, 80% complete $470M NY City hotel, 140 rms, 3 star asset, approx. 5% CAP $103M
11276658_3315
Turn-key 4,354 Sq Ft automotive operation in modern high traffic Mississauga Plaza! Previous Goodyear location at busy Dundas/Mavis intersection. Beautiful exterior w/ amazing street exposure! Large reception/sales area, huge garage w/ 19+ft ceilings, large mezzanine, 3 front bay doors & 3 rear bay doors! $23.50/Sq. Ft. Net
www.PBcommercialteam.com | Team@PBTeam.com 5071 Highway 7 E., Markham ON L3R 1N3 *Based on Re/Max Canada commissions in 2014 1st 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
COM_3315.indd 40
2015-08-14 4:25 PM
Volume 15 Issue 08
41
Commercial Real Estate & Business Opportunities
FOR SALE - LONDON
AT T E N T I O N DOCTORS DAYCARE PROF, RETAILERS, FINANCIAL SERVICES
Possible future rental space on second floor.
Priced To Sell!!Free Standing Building Currently Occupied By Owner. Approx Finished Sq. Ft. Main Floor 1665 Unfinished Leasable Space In Rear Of Building With Separate Entrance & Approx 1000 Sq Ft Of Unfinished Leasable Space On Second Floor. Zoned Rrc1Zoning Allows For The Following Uses: Convenience Store, Day Care, Financial, Medical Office, Service Office, Photo Studio
$209,900 1-877-306-4776
Andrew Casale
Sales Representative acasale@sympatico.ca
Greater Toronto Area
905-691-7861
11294169_3315
11299495_3315
Please say you saw it in The Commercial Investor
COM_3315.indd 41
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42
Volume 15 Issue 08
Commercial Real Estate & Business Opportunities
DANIEL JAY GILBERT
VIEW OUR MAGAZINES ON ANY
BROKER OF RECORD
Danieljgilbert@sympatico.ca
647-350-4040
WWW. GILBERTREALTY.CA
GILBERT REALTY
DIGITAL DEVICE anytime, anywhere!
CAR WASH -
BUILDING, LAND & BUSINESS INCLUDED
3315_DJW_0071
• North West of Toronto • Assumable Mortgage and great secondary financing in place • Seller can train new owner on this turn key investment • Extremely well maintained & shows well • Two other car washes in the area also for sale
Now you can view all Commercial Investor magazines online using any smartphone, tablet or desktop device.
THECOMMERCIALINVESTOR.CA
PRICE: $750,000
3315_DJW_0072
3315_DJW_0073
Published by
3315_DJW_0074
Igor Chouminov
11265283_3315
Greater Toronto Area
• Situated on approximately 2 acres • Approx. 9.5% cap rate with $110,500 cash income • Strategically improved with coin operated wash, automatic soft cloth wash, doggy wash & vacuum/detailing area • Lots of land to expand or add self storage • Price includes land and business
President, Broker of Record
416.877.0326 igor@paiirealty.com
PAII REALTY INC.
Brokerage
INVESTMENT AND DEVELOPMENT REAL ESTATE
Prestigious
15 UNIT TOWNHOUSE DEVELOPMENT SITE RICHMOND HILL
Modern Design: 15 Unit Townhouse Site, 2000 sf average size, 3 storey, large backyards, upscale neighborhood. Walking distance to shopping, schools, and transport. Priced at $4,500,000
1715_DJW_2_0102
60' Lots
• 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 $1,150,000.Please call for Details!
On Exclusive & Private Street Lot Prices Starting at
$1.150 Million Register at:
dexterdevcorp.com
1715_DJW_0087
ESTATE LOTS FOR SALE
ACTIVELY LOOKING FOR: COMMERCIAL AND RESIDENTIAL PROPERTY FOR DEVELOPMENT SITE PLAN APPROVED PROJECTS RETAIL PLAZAS AND OTHER INVESTMENT PROPERTIES INVESTORS FOR REAL ESTATE PROJECTS ACROSS THE GTA! Please say you saw it in The Commercial Investor
COM_3315.indd 42
2015-08-14 4:25 PM
Volume 15 Issue 08
43
Commercial Real Estate & Business Opportunities
Providing services across Ontario. Everything you need to gain the edge. Having recently sold four courses, our team of professionals has the market expertise needed to assist you in the sale or acquisition of golf courses. Featured Listings
LISTING PRICE: $2,195,000 (recently reduced)
3315_DJW_0012
Property features an 18 hole Championship Course on 135.8 acres, a 9 hole Short Course on 40.2 acres, practice facility, driving range, 2 retail golf shops, a large clubhouse with lounge, bar restaurant and 3 banquet rooms.
Greater Toronto Area
BROOKLEA GOLF AND COUNTRY CLUB 8567 HIGHWAY 93, MIDLAND ONTARIO
HERITAGE HILLS GOLF CLUB 367 LINE 1 SOUTH, SHANTY BAY, ONTARIO
3315_DJW_0011
Located minutes NE of Barrie. Property features a professionally designed 18 hole championship golf course, features 2 distinct nines, driving range, Pro Shop and restaurant with patio. LISTING PRICE: $2,900,000
Golf Advisory Team
Mark Stevens Director of Golf Advisory Services, Sales Representative Mobile: 905.329.0750 mark.stevens@dtzbarnicke.com
Todd Crawford, B.A., AACI, P. App Golf Course Appraiser, Broker Vice President Mobile: 905.321.4755 todd.crawford@dtzbarnicke.com
DTZ Barnicke Niagara Limited, Brokerage 4056 Dorchester Rd. Niagara Falls, Ontario L2E 6M9 Office: 905 354 7413 Fax: 905 354 8798
Craig Church Candidate Appraiser Research Associate Mobile: 905.650.9126 craig.church@dtzbarnicke.com
Jessica Epp-Hiebendaal Administrative Assistant Marketing jessica.hiebendaal@dtzbarnicke.com 9866060_3315
For More details or to view our current projects please contact Mark Stevens, Sales Representative (mark.stevens@dtzbarnicke.com) or Visit www.golfadvisorygroup.ca
Please say you saw it in The Commercial Investor
COM_3315.indd 43
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44
Commercial Real Estate & Business Opportunities
Volume 15 Issue 08
Greater Toronto Area 8647857_3315
Please say you saw it in The Commercial Investor
COM_3315.indd 44
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Volume 15 Issue 08
45
Commercial Real Estate & Business Opportunities
Sensational 100 Acre Parcel Located In South End Of Hockley Valley! Five Species Of Mature Trees, Great Building Sites, Walking And Riding Trails, And Humber River Flows Through! Hunter, Angler, Sportsman, Fisher Mans Dream! Taxes Reflect Managed Forest. $995,000 Marc Ronan*** 1-888-936-4216 3315_DJW_0018
Private County Estate on 67 acres, unique opportunity to own your own 9 hole golf course, hardwood forest, ponds & equipped pro shop, workshop, ample storage & parking. Have your own private course or continue existing public play. Sprawling raised bungalow with 3+2 bdrms, spacious principal rms, multiple walkouts to maniucured lawns. Great setup for extended family or in-laws. Located near growing Town of Beeton, pride of ownership. Approx 5 acre irrigation pond, artesian drilled well services house and shop. Fabulous country setting. $1,395,000 Marc Ronan*** 1-888-936-4216 3315_DJW_0020
52 Acres vacant land for sale on the outskirts of the CIty Limits of Orangeville! Significant studies/surveys completed in 2008 including Premilinary Servicing and Storm Water Management Report, Archaeological assessment, servicing options reports. Located Southwest of intersection of County Road 109 & A Line with existing industrial development to the North. Suitable for investor/developer looking to take to next level. $2,600,000 3315_DJW_0022 Marc Ronan*** 1-888-936-4216
140 acres abutting development owned land in Cookstown with 2 road frontages. Great investment parcel while renting it to a farmer, or farming it yourself. Located between 400 and 27 Hwys just South of Highway 89. Present owner has some trees planted. Land has been outpacing inflation. Invest in it. $1,995,000 Marc Ronan*** 1-888-936-4216
3315_DJW_0019
105 Acre farm in South New Tecumseth. Surrounded by developer owned land. Gently rolling mostly workable land. Brick farm home, older bank barn & steel sided shed. Excellent clay loam cash crop farm. Approx 2 km from growing Tottenham. $1,700,000. Marc Ronan*** 1-888-936-4216 3315_DJW_0021
13 BED DOM/HSC GOVERNMENT CONTRACT
70 BED HOME GOVERNMENT FUNDED
3315_DJW_0060
Generic photo to protect the privacy of residents.
LD SO
Government funded under the Housing with Support Program (Formerly Domiciliary Hostel). Security of Government funding for Long Term Residents. Same owner for 30+ years. Owner retiring. Priced to sell.
$3,000,000
3315_DJW_2_0021
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.
Beautiful and spacious. Located on a ravine with easy access to transit, shopping and professional services.
$1,300,000
$665,000 3315_DJW_1_0047
Generic photo to protect the privacy of residents.
3315_DJW_0061
Generic photo to protect the privacy of residents.
WWW.SHMUKLERREALTY.COM 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
11298178_3315
$1,550,000
24 BED BOUTIQUE RETIREMENT HOME NEAR LONDON ON
ST
ST LD SO 27 large suites with ensuite full bathrooms. Possible 52 semiprivate beds. Some residents are Government funded.
3315_DJW_0023
F
F
RETIREMENT HOME WITH GOV'T FUNDING (OTTAWA AREA)
210+ Acres of Prime Agricultural level land approx 2 miles to Barrie's City limits & less than 1/2 mile North of the Essa Agriplex, home of Barrie Fair. Approx 200 acres workable, spacious old Ontario farm home w/large principal rms, 5 bdrms. Many outbuildings including bank barns, drivesheds/workshop, 5 acres hardwood bush. Superb clean offering w/additional income from solar. $4,000,000 Marc Ronan*** 1-888-936-4216
Greater Toronto Area
10611101_3315
Please say you saw it in The Commercial Investor
COM_3315.indd 45
2015-08-14 4:25 PM
46
Volume 15 Issue 08
Commercial Real Estate & Business Opportunities
The Direct Source For All Your Mortgage Needs Providing Financing for Commercial and Residential Properties Residential Mortgages (1.95% 5 Year Variable) Private Funds from 5.99% - Bad Credit, No Income Verification OK 1st and 2nd Mortgages 0% Down Payment Residential Purchases Greater Toronto Area
Lines of Credit Commercial Mortgages Construction Financing Multi-Family Properties - CMHC Insured Up To 85% or Conventional Retirement Homes / Long Term Care Vacant Land
11297590_3315
1-877-777-7308 info@themortgageleaders.ca
Verico The Mortgage Leaders Inc. FSCO License # 10238
Please say you saw it in The Commercial Investor
COM_3315.indd 46
2015-08-14 4:25 PM
Volume 15 Issue 08
47
8975448_3315
Commercial Real Estate & Business Opportunities
$1 ,2 50 ,0 00 ,0 00 ,0
Established Crabby Joe's franchise. Established restaurant. Turnkey Seating for approx. 200 patrons & tons operation. LLBO licensed and seats of parking in a high density area. 150 patrons plus 70 on the patio.
00
00
3315_DJW_2_0015
,9 $1
49
33 $2
Amazing opportunity to own a Great Canadian Franchise located in a successful Coffee/Donut franchise in a very busy Shopping mall. Great traffic very busy plaza. & solid income. 3315_DJW_0033
Prime location with easy access to all major highways. Approx. 1,900 sq ft. 2 baths, low maintenance fees.
3315_DJW_3_0018
,0
00 ,0 50 $2
$2
59
,9
00
3315_DJW_2_0008
$3
59
,0 00
High traffic plaza close to the airport. Over $125K in upgrades. Tons of parking. 3315_DJW_3_0007
$4
$5
25
,0
00
3315_DJW_2_0016
Established Marble/granite sales, installation & service business. High and Skema logic cutting machine.
Mediterranean restaurant and Sheesha bar. Seats 120 patrons. LLBO. 5+5 lease. Rent 5K incl TMI & HST.
3315_DJW_0034
Greater Toronto Area
Newly renovated nightclub accomodating 1,400 people. Turn key operation. Rent incl TMI $25,250. Leave available 5+5. 3315_DJW_2_0006
3315_DJW_0032
00
99
Multi use property on a huge lot with parking for 50 vehicles. Commercial H zoning.
$5
49
,9
00
3315_DJW_2_0007
3315_DJW_0031
$6
$9
85
49
,0
90 ,9
,0 50 ,0 $1
Great investment opportunity on a A rare combination commercial self fabulous central intersection. Currently contained unit + a gorgeous approx. leased by a physician & a pharmacy. 1,700 sq ft residential space.
Live and work on 1 acre in Norval. Charming farm house with a 4 bay garage/auto shop.
3315_DJW_0030
00
3315_DJW_2_0004
00
3315_DJW_2_0003
Rare commercial building plus 8 residential units. Downtown Guelph & steps to city hall & the transport hub.
00
Incredible opportunity to own a high end luxury spa. State of the art facilities. You will not be disappointed.
$8
Prime Streetsville location. C4 zoning. 2 retail units + 2 apartments with parking for 4. Great curb appeal.
$1 ,7 00 ,0 00
$2 ,0 00 ,0 00
$2 ,2 98 ,8 00
Sam McDadi Real Estate Inc., Brokerage
3315_DJW_3_0006
3315_DJW_0035
Please say you saw it in The Commercial Investor
COM_3315.indd 47
2015-08-14 4:25 PM
CENTRAL ONTARIO
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
CENTRAL ONTARIO SECTION COVERING: Barrie Collingwood Muskoka North Bay Kawartha Lakes Midland Meaford Paisley Parry Sound
Orillia Owen Sound Sudbury Walkerton Midland Meaford Kawarttha Lakes Muskoka North Bay
For advertising
contact Doreen Wills Tel: 1-800-268-0077 or 905-570-9283
doreen.wills@ypnexthome.ca thecommercialinvestor@ypnexthome.ca
NewSectionPages_FullColor2015.indd 10 COM_3315.indd 48
2015-03-19 3:47 PM 2015-08-14 4:25 PM
Volume 15 Issue 08
49
Commercial Real Estate & Business Opportunities
www.temrealestate.com
11284356_3315
NEW LISKEARD BUSINESS OPPORTUNITY.....
3315_DJW_0160
3315_DJW_0161
Stutzmans Woodcraft is now available. This solid, well established business has earned a reputation for quality and service in the cabinet making industry, and this is a rare opportunity to step in and continue the rich tradition with this turn key operation. The well maintained building contains an office space, showroom and storage in addition to the spacious, fully equipped work shop. Since the owners are moving out of the area, a nearby farm and home will potentially be available also. Further details with confidentiality agreement. $460,000.
Central Ontario
Sales Representative bill-byers@coldwellbanker.ca
TEMISKAMING REALTY LTD.,
COMMERCIAL/RESIDENTIAL 5 Units - 1 Com & 4 Res downtown New Liskeard. Always rented, long term tenants. Parking. MLS #150941.
COBALT Large solid block 4739 sq' building downtown. Former Grocery Store, recently used for storage by Mining Company. Many possible uses here. Asking only $64,900. MLS 152021 3315_DJW_1_0042
GAS STATION Large Commercial building downtown Elk Lake across from the Beautiful Montreal River on Hwy #65 & #560. Gas station, Restaurant with fully equipped kitchen. Repair shop with hoist, 2 bedroom apartment. Lots of potential! Asking $285,000. MLS 151526.
E IC PR 00 W 9,9 E N 27 $
GOWGANDA Renovated home on 2.66 acres with 5 unit motel being converted into an apartment & 3 storage units. Lots of room and potential here with no zoning or building permits required (unorganized) Between Gowganda Lake & Small Lake almost completely surrounded by crown land. Asking $149,900. MLS 150948 3315_
3315_DJW_0040 3315_DJW_3_0004
LCBO & GAS BAR Great turn key business on Hwy #65 West, in Kenabeek. Includes Gas & Diesel, Variety Store, LCBO, Lotto, Bottle return, Post Office, large 5 bedroom apartment, garage all on 1.47 acres. Lots of potential here for variety of uses with no zoning. Asking $259,900. MLS 152104
3315_DJW_4_0033
New Liskeard, Northern Ontario
3315_DJW_0041
www.temiskamingrealty.com 1-866-557-1110 705-647-1110
BROKERAGE
E IC PR 900 , W NE 299 $
8313781_3315
Bill Byers
HIGHWAY #11 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. MLS 140081
Please say you saw it in The Commercial Investor
3:47 PM
COM_3315.indd 49
2015-08-14 4:25 PM
businesssavvy
MONTREAL OFFICE AND INDUSTRIAL REAL ESTATE MARKETS MOVED IN OPPOSITE DIRECTIONS IN Q2-2015, Colliers International Office Report
T
he Montreal Office and Industrial commercial real estate markets began to move in opposite directions during the second quarter of 2015, with a slightly improving office market and a slowdown now being experienced in the industrial sector, according to the Q2-2015 Colliers International Montreal Office and Industrial Market Reports. COLLIERS MONTREAL OFFICE REPORT
The downtown Montreal office market showed positive absorption and a drop in the vacancy rate in the second quarter, now standing at an even 5.2 per cent, a drop of 0.4 per cent from the first quarter. The suburban office market’s vacancy rate in the second quarter dropped even further, declining by 1.2 per cent to stand at 9.4 per cent. Of interest in the suburban office market was that no new supply of office space was experienced during the second quarter, as compared to the more than 461,000 square feet of new office space which came on stream in the suburbs in the first quarter of 2015. The suburban office market continues to grow rapidly due to its price and affordable rents. “As the economy continues to pick up, we see the Montreal office market as one of stability at least until the next quarter with a possible acceleration in the fourth quarter of this year,” said Andrew Maravita, Colliers’ Managing Director in Montreal.“We believe tenants will continue with their operating cost reduction efforts, while most businesses remain cautious and are waiting to see the exact direction of the economy before making any further new investments.” COLLIERS MONTREAL INDUSTRIAL REPORT
Colliers International Group Inc. is a global leader in commercial real estate services with more than 16,300 professionals operating from 502 offices in 67 countries. With an enterprising culture and significant insider ownership, Colliers professionals provide a full range of services to real estate occupiers, owners and investors worldwide. Services include brokerage, global corporate solutions, investment sales and capital markets, project management and workplace solutions, property and asset management, consulting, valuation and appraisal services, and customized research and thought leadership. Colliers International has been ranked among the top 100 outsourcing firms by the International Association of Outsourcing Professionals’ Global Outsourcing for 10 consecutive years, more than any other real estate services firm. For the latest news from Colliers International, visit Colliers.com, or follow us on Twitter: @ColliersIntl and LinkedIn. To see the latest news from Colliers International in Canada, follow @collierscanada on Twitter and Colliers International Canada on LinkedIn
The Montreal Industrial commercial real estate market is a completely different story as the Colliers report shows it has entered a slowdown phase across all major Montreal industrial regions. After one million square feet of industrial space were absorbed during the first quarter of 2015, only 19,392 square feet were positively absorbed in Q2-2015. The ‘type of space’ inventory is key to the health of any regions’ industrial space and in Montreal, there is still an abundance of less recent buildings having an area of less than 300,000 square feet and clear building heights of 24 feet. Therefore, large companies may consider the need to custom build in order to meet their exacting requirements for industrial space. “We see the level of activity, as well as investment, remaining stable in the Greater Montréal Area,” added Maravita.“We expect rents will not increase significantly and we forecast a slight increase in demand for industrial space in the third quarter.” Looking forward, should forecasters be correct and the economy improves as the year progresses, this would boost industrial exports in many different industries by the end of 2015. This perspective would be beneficial, especially to the automotive, transport and warehousing sectors, which could stimulate the absorption of the industrial space which is currently available in the Greater Montreal Area.
COM_3315.indd 50
Andrew Maravita, Managing Director, Colliers International, Montreal, Quebec
2015-08-14 4:25 PM
NewSe
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
SECTION COVERING: Lindsay Peterborough Port Hope Bowmanville
EASTERN ONTARIO
EASTERN ONTARIO
Cobourg Trenton Belleville Kingston Northeastern Ontario
For advertising
contact Doreen Wills Tel: 1-800-268-0077 or 905-570-9283
doreen.wills@ypnexthome.ca thecommercialinvestor@ypnexthome.ca
NewSectionPages_FullColor2015.indd 11 COM_3315.indd 51
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inthenews
Avison Young releases its Mid-Year 2015 Canada, U.S. and U.K. Office Market Report ECONOMIC HEADWINDS CHALLENGE CANADIAN OFFICE MARKET FUNDAMENTALS, U.S. SECTOR SHOWS RESILIENCE
T
he Canadian and U.S. office sectors appear to be moving in opposite directions. Stymied by lessthan-stellar economic results, Canadian markets are seeing mixed performance, while U.S. indicators have been largely positive. Despite the differences, there are similarities – mounting concern surrounding depressed oil prices and the burden placed on markets tied to the energy industry (such as Calgary and Houston) on both sides of the border. These are some of the key trends noted in Avison Young’s Mid-Year 2015 Canada, U.S. and U.K. Office Market Report, released recently: The report covers the office markets in 50 Canadian, U.S. and U.K. metropolitan regions: Calgary, Edmonton, Guelph (Southwestern Ontario), Halifax, Lethbridge, Montreal, Ottawa, Quebec City, Regina, Toronto, Toronto West/ Mississauga, Vancouver, Winnipeg, Atlanta, Austin, Boston, Charleston, Charlotte, Chicago, Cleveland, Columbus, OH; Dallas, Denver, Detroit, Fairfield County, Fort Lauderdale, Houston, Indianapolis, Las Vegas, Long
Island, Los Angeles, Miami, Minneapolis, New Jersey, New York, Oakland, Orange County, Orlando, Philadelphia, Pittsburgh, Raleigh-Durham, Reno, Sacramento, San Diego County, San Francisco, San Mateo, Tampa, Washington, DC; West Palm Beach and London, U.K. “In this, our annual mid-year review of the office sector across North America, we are pleased to report that, as Avison Young continues to grow, so does our coverage of the property markets, which has expanded to 50 office markets from 39 during the past year, including additional cities in Canada and the U.S., plus London in the U.K.,” comments Mark E. Rose, Chair and CEO of Avison Young. Rose continues: “The economic well-being of both Canada and the U.S. impacts directly on property market fundamentals, and there appears to be a widening divergence in economic performance between the two countries, resulting in a corresponding shift in their respective office market indicators.” “In the U.S., the Federal Reserve continues to signal it will raise interest rates later this year, though slowly. And in July, the Bureau of Labor Statistics reported the unemployment rate continued to fall in June. Amidst these signs of recovery, the U.S. office market continued to strengthen in the 12-month period ending June 30. Meanwhile, Canada is seeing what has been described as a mild contraction, as the Bank of Canada made a further cut to interest rates and revised down its annual growth forecast. Employment levels have stalled through the first half of the year. The price of oil also has certainly affected some markets more than others – but overall, while vacancy is retreating in the U.S., it is starting to creep up in Canada,” says Rose. According to the report, of the 50 office markets tracked by Avison Young in Canada, the U.S. and U.K., market-wide vacancy rates decreased by varying degrees in 34 (or more than twothirds) of the markets, on an annualized basis. Development activity has surged, with almost 43 million square feet (msf) of office space completed across the 50 markets, up from 38 msf in the previous one-year period, while the under-construction tally is approaching the 100-msf mark – roughly 4 msf ahead of the 2014 pace.
CANADA Already contending with a burgeoning development pipeline, Canadian office market fundamentals faced additional headwinds from weaker-than-expected economic indicators through the first half of 2015. While performance was mixed among the 13 markets surveyed, depressed oil prices are taking a toll in Alberta – particularly Calgary. Meanwhile, workplace strategies and urban intensification continue, and Continued on page 54
COM_3315.indd 52
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Volume 15 Issue 08
53
Commercial Real Estate & Business Opportunities
“Your Commercial Connection in Eastern Ontario!”
jamie@ekortrealty.com
www.ekortrealty.com 8305397_3315
MEDICAL BUILDING - BELLEVILLE
SALE LEASE BACK - INVESTMENT
• Long term lease - CARE FREE to Landlord • International Company covenant • "Clean" facility - manufacture medical supplies 3315_DJW_1_0077 • 58,000 s/f facility - 15 years old • 4 acres close to the 401 - room for expansion • 1.5 east of Toronto • 23 Clear ceilings
Asking
3315_DJW_2_0078
www.155murray.com • Private 50 Slip Marina (long term boaters) • On site boat storage • City water and Sewer • Over 5 acres with 600 ft of water front • City park on both side of property • Includes Owner’s water front home with Pool • Includes 6 year round rental properties
www.9wilkes.com
• Spaces are separately metered for utilities • On-site parking - landlord metered
www.274dundas.com
3315_DJW_0177
104/106/108 DUNDAS ST., TRENTON
• 5 commercial tenants • 6 residential units • Annual income approx. $98,000
• • • •
Fully occupied Tenants pays utilities Separate meters Downtown core
www.104dundas.com
3315_DJW_0091
ASKING PRICE: $748,000
3315_DJW_1_0102
DEVELOPMENT LAND www.moirast.com ASKING $1.5 MILLION
• 159 acres • Currently farm land • Located on outskirts of Belleville • Close to urban development
Eastern Ontario
44-48 KING ST., TRENTON
Located across from Hospital 3 floors plus basement 18,000 s/f total rentable area Building approx. 25 years old
ASKING PRICE $2,980,000
50 SLIP MARINA – BELLEVILLE
ASKING PRICE $1.3 Million
• • • •
HOBBY FARM LAND www.44acres.com • 2 commercial tenants • 2 residential tenants • Annual income approx. $30,000 • Fully occupied
• • • •
Tenant pays utilities Separate metres Prime corner lot Downtown core
www.44king.com
3315_DJW_1_0103
ASKING PRICE: $348,000
ASKING: $228,000
• 44 acres • Only several minutes to 401 • Zoning will permit residential, house & barns • Wild turkeys, deer • Hardwood and bush area • Close to Belleville
SITE PLAN FOR 116 UNIT APARTMENT BUILDING www.138leland.com ASKING PRICE: $2.5 MILLION
• Approximately 9.5 acres. • Site plan has 65 town house lots. • plan includes 6 lots
Please say you saw it in The Commercial Investor
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54 inthenews continued
Volume 15 Issue 08
Commercial Real Estate & Business Opportunities
as purely office development sites become increasingly scarce, urban renewal and mixed-use development – combining office, retail and residential – are found across many of Canada’s downtown markets. “Improving market fundamentals in the U.S. office sector are a welcome relief, and though Canada’s sound property fundamentals are being tested as indicated by the latest results, it’s difficult not to take a glass-half-empty point of view,” states Bill Argeropoulos, Principal and Practice Leader, Research (Canada) for Avison Young.“No doubt, the plunge in the price of oil has shocked the system, suppressing GDP growth and keeping employment growth at bay. Commodity-based and development-laden markets will likely experience a flight to quality, making it difficult for landlords to maintain occupancy levels and generate any notable rental rate growth, thus shifting the tenant-landlord balance that some markets have enjoyed.”
› Quebec City (8.6 per cent) and Lethbridge (16.5 per cent) posted the lowest and highest vacancy rates, respectively; the greatest swing occurred in Calgary (11.5 per cent, +320 bps). › Weighed down by Calgary’s woes, Canada’s Western markets collectively saw vacancy spike 160 bps over the previous year to 10.3 per cent at mid-year 2015. Eastern markets witnessed a modest 30-bps bump to 10 per cent. › Downtown markets as a whole expanded, posting 8.8 per cent vacancy at mid-year 2015, up 160 bps year-over-year – more than half of the markets remained in single-digit territory. Downtown vacancy jumped significantly in Calgary (10.7 per cent, +450 bps) and Vancouver (9.8 per cent, +340 bps). › Suburban markets recorded positive growth as vacancy retreated marginally (12.1 per cent, -20 bps), led by strong year-over-year absorption numbers from Toronto (13 per cent, -120 bps). Unlike downtown, less than half of the suburban markets displayed single-digit vacancy. Continued on page 55
8177055_3315
Argeropoulos adds: “Notwithstanding some softening in the Canadian office sector, we expect the marketplace to stay active in coming quarters, supported by diverse local office market drivers. If we take the glass-half-full perspective, the markets have yet to realize the full benefits of the recent interest-rate cut and a low dollar. The wild card is that U.S.-based tenants continue to show considerable interest in expanding or establishing a foothold in major Canadian centres, a trend that has the potential to offset some of the negatives.”
NOTABLE FIRST-HALF 2015 CANADIAN OFFICE MARKET HIGHLIGHTS: › Varying and sporadic absorption levels, coupled with new office completions, lifted Canada’s overall vacancy rate 110 basis points (bps) from one year earlier to 10.3 per cent at the midway point of 2015. Vacancy climbed in 11 of 13 markets.
ProAlliance Realty Brokerage Independently Owned & Operated
BRUCE COOKE BBA, CCIM, SIOR
MATTHEW COOKE B.COMM
Office: 613-966-6060
Office: 613-966-6060 Direct: 613-243-5146
Commercial Sales Representative
Sales Representative
E-mail: bruce@cookeproperties.com
$1,099,900 18 TOWNHOUSES, PICTON
matthew@cookeproperties.com
$395,000 7,305 SF BLDG ON 6 ACRE LOT
$1,800,000 7 INDUSTRIAL CONDOS
Eastern Ontario 18 X 4 Bdrm Townhouse style apts. All apartments have separate meters for gas and hydro. Tenants are on leases and they pay all heat & hydro. Net income $83,275. Great opportunity for development. Former Public school in Located a short distace to the Famous Sand Banks Belleville currently used as a church. Serviced by well and septic. New heating system and many new windows. 3315_DJW_1_8003 3315_DJW_0001 Provincial Park and beaches.
$199,900 SPECIALTY BUSINESS FOR SALE
Each building is on a separate condo deed. Multiple tenants. An interesting investment property with upside. Located in the Belleville area. 3315_DJW_0002
$274,900 POWER OF SALE
Katrina's Cakes is a growing business located in Belleville. 10 years in business, turnkey operation. Great location on North 7,120 SF Retail building, former Home Hardware outlet in Front Street, strong client base with a great reputation for the best Cloyne Ontario on Hwy #41. Corner lot, excellent location. Birthday and wedding cakes including cup cakes. 3315_DJW_1_0003 3315_DJW_0003
$325,000 PLAZA, TRENTON, ONTARIO
6 units currently occupied by a single tenant. Existing business/tenant is available for sale. Equipment sales and 3315_DJW_0004 rental business.
Please say you saw it in The Commercial Investor
COM_3315.indd 54
2015-08-14 4:25 PM
inthenews
Avison Young releases its Mid-Year 2015 Canada, U.S. and U.K. Office Market Report ECONOMIC HEADWINDS CHALLENGE CANADIAN OFFICE MARKET FUNDAMENTALS, U.S. SECTOR SHOWS RESILIENCE
T
he Canadian and U.S. office sectors appear to be moving in opposite directions. Stymied by lessthan-stellar economic results, Canadian markets are seeing mixed performance, while U.S. indicators have been largely positive. Despite the differences, there are similarities – mounting concern surrounding depressed oil prices and the burden placed on markets tied to the energy industry (such as Calgary and Houston) on both sides of the border. These are some of the key trends noted in Avison Young’s Mid-Year 2015 Canada, U.S. and U.K. Office Market Report, released recently: The report covers the office markets in 50 Canadian, U.S. and U.K. metropolitan regions: Calgary, Edmonton, Guelph (Southwestern Ontario), Halifax, Lethbridge, Montreal, Ottawa, Quebec City, Regina, Toronto, Toronto West/ Mississauga, Vancouver, Winnipeg, Atlanta, Austin, Boston, Charleston, Charlotte, Chicago, Cleveland, Columbus, OH; Dallas, Denver, Detroit, Fairfield County, Fort Lauderdale, Houston, Indianapolis, Las Vegas, Long
Island, Los Angeles, Miami, Minneapolis, New Jersey, New York, Oakland, Orange County, Orlando, Philadelphia, Pittsburgh, Raleigh-Durham, Reno, Sacramento, San Diego County, San Francisco, San Mateo, Tampa, Washington, DC; West Palm Beach and London, U.K. “In this, our annual mid-year review of the office sector across North America, we are pleased to report that, as Avison Young continues to grow, so does our coverage of the property markets, which has expanded to 50 office markets from 39 during the past year, including additional cities in Canada and the U.S., plus London in the U.K.,” comments Mark E. Rose, Chair and CEO of Avison Young. Rose continues: “The economic well-being of both Canada and the U.S. impacts directly on property market fundamentals, and there appears to be a widening divergence in economic performance between the two countries, resulting in a corresponding shift in their respective office market indicators.” “In the U.S., the Federal Reserve continues to signal it will raise interest rates later this year, though slowly. And in July, the Bureau of Labor Statistics reported the unemployment rate continued to fall in June. Amidst these signs of recovery, the U.S. office market continued to strengthen in the 12-month period ending June 30. Meanwhile, Canada is seeing what has been described as a mild contraction, as the Bank of Canada made a further cut to interest rates and revised down its annual growth forecast. Employment levels have stalled through the first half of the year. The price of oil also has certainly affected some markets more than others – but overall, while vacancy is retreating in the U.S., it is starting to creep up in Canada,” says Rose. According to the report, of the 50 office markets tracked by Avison Young in Canada, the U.S. and U.K., market-wide vacancy rates decreased by varying degrees in 34 (or more than twothirds) of the markets, on an annualized basis. Development activity has surged, with almost 43 million square feet (msf) of office space completed across the 50 markets, up from 38 msf in the previous one-year period, while the under-construction tally is approaching the 100-msf mark – roughly 4 msf ahead of the 2014 pace.
CANADA Already contending with a burgeoning development pipeline, Canadian office market fundamentals faced additional headwinds from weaker-than-expected economic indicators through the first half of 2015. While performance was mixed among the 13 markets surveyed, depressed oil prices are taking a toll in Alberta – particularly Calgary. Meanwhile, workplace strategies and urban intensification continue, and Continued on page 54
COM_3315.indd 55
2015-08-14 4:25 PM
NIAGARA
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
NIAGARA SECTION COVERING: Niagara Falls Niagara-on-theLake St. Catharines Thorold
Welland Fort Erie Beamsville Fonthill Port Colborne
For advertising
contact Doreen Wills Tel: 1-800-268-0077 or 905-570-9283
doreen.wills@ypnexthome.ca thecommercialinvestor@ypnexthome.ca
NewSectionPages_FullColor2015.indd 14 COM_3315.indd 56
2015-03-19 3:48 PM 2015-08-14 4:25 PM
Volume 15 Issue 08
57
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_3315 TONS OF FARMS TO CHOOSE FROM IN THE NIAGARA REGION WITH BILKO. GREENHOUSES • VACANT LAND • VINEYARDS • TENDER FRUIT • HOBBY FARMS • COUNTRY ESTATES A rare offering in the Niagara Peninsula wine country!! 90 acre vineyard. True bench land located in the 20 Mile bench sub appellation. Excellent location for a winery site just off Reg Rd 81 wine route + only minutes off the QEW. Approx 51 acres have producing vines of cab franc, cab sauv, baco, vidal & riesling. Another 27 acres are tile drained & ready for planting, offering your choice of new varietals to be planted! Approx 5 acres of bush & another 5 of headlands. This parcel also has a modest 2 bedroom bungalow & large outbuilding 40x32'. 200 amps. A 5yr contract could be put in place for the purchase of all the grapes harvested off this vineyard if the buyer so desires. This one of a kind vineyard consists of 4 merged parcels. $1,980,000
6 Acres of residential development land in Jordan Station. Surrounded by the Greenbelt, vineyards & orchards. All city services at the road! Only mins to the QEW & all amenities. $3,500,000
Estate sale in N.O.T.L. 3+ Acres development 50 acre vineyard site. Land zoned for planted to cab sauv, townhouse & semipinot gris, sauv blanc detached homes, 64 & pinot noir. Over 7000 units in total, 52 new vines planted in townhomes & 12 semi 2015. All tiled drained. detached units. Close Property has 2 road to St. Catharines new frontages. Great hospital facility. Walking distance to many location for a winery or vineyard income! Existing farm house & barn of no value. Full list of varieties & amenities. All city services. Asking $1,198,800 plot map available. $1,050,000
Nature lover's dream! 41.93 acres, close to the town of Ridgeway. Approx 19 acres cash crop, balance Carolinian forest. Road frontage on Nigh & Mathews Rds. Loads of wildlife. Zavitz drain @ one corner of property. Two minute walk to the paved friendship trail, to Sherkston & a 5 minute drive to Lake Erie marina & boat launch. NPCA &township building approvals. $249,800
905-641-1110 Tony Tripodi cell: 289-241-6954 Garden City Realty Inc., Brokerage Independently Owned & Operated
Broker
tripodi@sympatico.ca
10331793_3315
SPECIALIZING IN FARMS, AGRICULTURE, GREENHOUSES, ETC.. IN THE NIAGARA REGION!
INDUSTRIAL * COMMERCIAL * INVESTMENT
SPACE FOR LEASE NIAGARA FALLS First time on the market. Formerly a service station and garage. Strategically located across from full service Pine St. Shopping Plaza. Zoned commercial, allows retail, professional uses, etc. Owner retiring. Lot size 176' x 66'. Asking $350,000. Call for details.
PR
E IC
D
RE
Bakery and Cafeteria located in large retail plaza established business, with large sales amount. Long list of equipment. Selling due to health reason asking $525,000.
D
E UC
2915_DJW_2_0117
2915_DJW_0109
REDUCED
NEW
NIAGARA FALLS
Solid concrete building located in the central Lake/Scott St. area. Approx. 7,000 sq. ft. 2 tenants, one is an ethnic club with bar, reception hall. All C/A, lots of on site parking. Listed at $750,000. Open for offers. 2915_DJW_0108
Turn key restaurant and bar. Everything in place, just walk in and start making money. Downtown location in the proposed Niagara College expansion area. The reduced bargain price of $269,000. Includes land, building, chattels and equipment. Licensed including the patio for 175 seats. Opportunity of a lifetime. Call now!
2915_DJW_1_0128
ST. CATHARINES
Niagara Peninsula
THOROLD
Adjacent to Meridian Arena & Performance Art building. 4 apartments plus 3,000 sq ft retail space. On site parking, central with great exposure. Drastically reduced. Now only $599,000 or best offer. Don't miss this one! 2915_DJW_3_0081
Please say you saw it in The Commercial Investor
3:48 PM
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2015-08-14 4:25 PM
businesssavvy
MANUFACTURING SECTOR RECOVERY SLOWS IN JULY: RBC PMI
T
he latest RBC PMI survey highlighted sustained expansion of production and new business volumes in July, which underpinned an improvement in operating conditions for the second month running. Increased export sales continued to support the manufacturing sector rebound, though the overall speed of recovery slowed from the sixmonth high recorded in June.
A monthly survey, conducted in association with Markit, a leading global financial information services company, and the Supply Chain Management Association (SCMA), the RBCPMI offers a comprehensive and early indicator of trends in the Canadian manufacturing sector. At 50.8 in July, the seasonally adjusted RBC Canadian Manufacturing PMI dipped from June’s six-month high of 51.3 but remained above the neutral 50.0 threshold. The latest reading was still stronger than the average for 2015 so far (49.9), and signaled a marginal upturn in manufacturing sector business conditions. “The RBC PMI indicates a second consecutive month of improving business conditions in July though still at a very modest pace and slightly below that achieved in June,” said Paul Ferley assistant chief economist, RBC.“As we enter the second half the year, a strengthening U.S. economy and weaker Canadian dollar should provide a greater boost to exports and business conditions for manufacturers.” The headline RBC PMI reflects changes in output, new orders, employment, inventories and supplier delivery times. Key findings from the July survey included: › RBC Canadian Manufacturing PMI remained above the crucial 50.0 no-change mark › Output growth moderated from June’s six-month high Renewed fall in employment levels: A modest increase in production volumes kept the headline index above the critical 50.0 no-change mark in July. Manufacturing output has now expanded for three months running, which firms mainly linked to a slight rebound in client spending. July data pointed to a marginal increase in overall new business volumes; however, the rate of expansion was unmoved from the marginal pace recorded in June. A further modest upturn in new export work continued to boost manufacturers’ order books. Anecdotal evidence mainly cited stronger demand from U.S. clients, helped in part by the
COM_3315.indd 58
weaker exchange rate. Manufacturers of consumer goods, especially those in the automotive sector, generally pointed to improving inflows of new work. That said, a number of manufacturers in the investment goods sector suggested that lower energy sector capital spending remained a drag on growth. Despite rising levels of production and new work in July, the latest survey pointed to a renewed fall in staffing numbers across the manufacturing sector as a whole. Survey respondents that lowered their payroll numbers mostly pointed to the non-replacement of voluntary leavers in response to excess capacity. Backlogs of work meanwhile decreased for the eighth consecutive month in July, which is the longest continuous period since the survey began in October 2010. Manufacturers in Canada remained cautious in terms of their inventory holdings in July, as highlighted by further slight falls in pre-production stocks and finished goods inventories. However, the latest reductions were slower than those recorded in June. Meanwhile, suppliers’ lead-times continued to lengthen during July, which some manufacturers attributed to reduced stock holdings at vendors. On the prices front, the latest survey highlighted a robust and accelerated increase in average cost burdens across the manufacturing sector. The rate of input price inflation was the fastest for three months, with a number of manufacturers noting higher prices for imported components and raw materials. Increased cost burdens in turn contributed to the most marked rate of factory gate price inflation since February. Regional highlights include: › Ontario recorded the fastest upturn in overall manufacturing sector conditions in July › Alberta and British Columbia remained the worst performing region…but the latest deterioration in operating conditions was the least marked since February › Manufacturing jobs growth was strongest in Ontario, followed by Quebec “July’s survey highlights another steady upturn in manufacturing production and new order volumes, which leaves the sector well placed to remain on a recovery footing through the third quarter of 2015” said Cheryl Paradowski, president and chief executive officer, SCMA.“Exchange rate depreciation and stronger U.S. consumer spending continue to help shore up demand for Canadian manufactured goods, in turn offsetting some of the momentum lost from weaker energy sector spending patterns.” The report is available at www.rbc.com/newsroom/pmi.
2015-08-14 4:26 PM
Volume 15 Issue 08
59
Commercial Real Estate & Business Opportunities
ADAM DEARBORN Sales Representative
(905)
401-1331
www.RockAdvisors.ca | adearborn@rockadvisors.ca Twitter - @AptExpertHamNia
A PA R T M E N T B U I L D I N G E X P E R T S 3315_DJW_0059 DOWNTOWN HAMILTON
DOWNTOWN ST CATHARINES With basement, on a 0.65 acre parcel of land. Gross floor area (GFA) of approx. 76,370 sq ft, zoned medium high density mixed use and permitted uses include apartment, hotel, long term care facility and commercial uses. 6 STORY OFFICE BUILDING 3315_DJW_3_0031
Offer $7,600,000 with 5.35% cap rate in London. All townhomes are 3 bedrooms, one and a half baths and have a built in dishwasher, finished recroom in the lower and central air conditioning. Mechanicals include, breaker panels, forced air gas furnace, gas hot water tank, the asphalt shingles have recently been replaced. Flooring is carpet throughout with vinyl in the kitchen and baths.
73 brand new purpose built apartment units in downtown Hamilton, one of the country's hottest real estate markets. Located near amenities including restaurants, McMaster University, and the Hamilton GO Station. Building is energy efficient with units individually sub-metered for Hydro and HVAC. Building currently in lease up to Urban Professionals.
Please visit www.RockAdvisors.ca for complete marketing and financial information 8181464_3315
Paul Sipos GROUP
Member of the “National Commercial Council of the Canadian Real Estate Association”, and “Commercial Council of Niagara”.
Email: psipos1@cogeco.ca
SUTTON GROUP SKYWAY REALTY INC., BROKERAGE
www.paulsipos.com
905.646.9001
261 EAST MAIN ST., WELLAND - $229,000
260 VINE ST., ST. CATHARINES REDUCED! NEW PRICE $694,900
10 UNITS
Licensed Full-Time since 1986
Sales Representative ®
FABULOUS HISTORICAL CONVERTED MANSION! This unique property was built in the 1860’s and each unit is individually desigend, some with marble fireplaces and expansive ceilings. Many long term tenants and definite pride of ownership. Same owner for a 4 unit located next door (asking $269,900) that can also be purchased with this 10 unit building. Contact Paul Sipos @ psipos1@cogeco.ca for financials.
17 CLARK ST., PORT COLBORNE $24,700
11294135_3315
2915_DJW_0110
Extra large triplex (Owner Financing Available). This extra-large fully occupied triplex is well located in the downtown core with access to shopping, schools and bus routes. Plenty of parking and great tenant base. Well designed with a large main floor unit with 9 bedrooms. Upper floor boasts a 1 and 2 bedroom unit as well as a large vacant area for a possible extra unit. With a full basement and private rear yard this property has incredible potential. Contact PAUL SIPOS @ psipos1@cogeco.ca for financials and check it out at www.paulsipos.com
EXCELLENT AREA!
281 WELLAND ST., PORT COLBORNE $28,500
2915_DJW_0111
RARE FIND AND ONE OF THE BEST VACANT LOT COMMERCIAL AREAS IN ST. CATHARINES - OFFERED AT $284,900
Niagara Peninsula
42 INDIVIDUALLY TITLED TOWNHOMES
OPEN TO OFFERS VACANT LOT Great area for this vacant lot! Close to the canal and next to residential dwellings. Contact Paul Sipos @psipos1@cogeco.ca for a list of uses. 2915_DJW_0112
VACANT LOT Great location for this large lot. Zoned highway commercial. Many uses. Contact Paul Sipos @ psipos1@cogeco.ca and check it out at www.paulsipos.com 2915_DJW_0113
Super commercial location for this vacant lot (116.00x125.00) on the corner of Scott St. and Niagara St. Available city services and on a transit route. Many excellent uses across from 2 larger plazas and Sobey's. Feel free to contact me with any questions and for a list of uses at psipos1@cogeco.ca and check my website at www.paulsipos.com 2915_DJW_0114
Please say you saw it in The Commercial Investor
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dollarsandsense
THE APARTMENT BUSINESS By Elisa Krovblit
Average Sales Market
Average sale price per door 2013
Number of sales
2014
change
2013
2014
change
Vancouver
$231,135
$212,290
-8.15%
90
92
2.22%
Calgary
$155,049
$171,652
10.71%
43
54
25.58%
Edmonton
$113,905
$135,373
18.85%
63
42
-33.33%
Toronto
$156,517
$159,401
1.84%
167
186
11.38%
Ottawa
$146,769
$130,665
-10.97%
39
63
61.54%
Montreal
$90,111
$95,010
5.44%
508
433
-14.76%
Winnipeg
$62,344
$87,627
40.55%
40
18
-55.00%
Victoria
$144,701
$163,399
12.92%
6
18
200.00%
M
arket rents are high, and that has created a heightened interest for investors. Returns and income are at a high point. And with supply and demand not in balance, the lack of supply will keep driving the prices up in most major markets. The apartment business is booming across Canada. The recent Colliers International 2014 Year End Multi-Family Market Overview ranks apartment blocks as the most stable investment asset in most of Canada’s major cities.
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So what’s so hot about rental? Everything. The past decade has been all about condo investment. Most cities have seen condo after condo be built and sold, with little more than a side note about new rental properties. Small investors were testing the waters, buying individual units. Larger investors were buying up multiple units. Pre-construction pricing was the in for a small downpayment, and post-construction assignment or maintaining a rental property income was the payoff. Instead of quick turnaround, holding onto those rentals has proven lucrative. The fact is, the apartment business has been steady and stable. With current vacancy levels so low, the demand for apartments is driving market rent sky high. The apartment business is becoming more lucrative than ever before. While short-term condo investment has garnered a good return in a short time frame, the apartment business is offering investors stable long-term returns, making it lucrative to tie up capital in large investments. Interestingly, comparing apartment prices is done by ‘price per door.’ According to the Colliers Report, price per door has increased year-over-year by 4.98 per cent to $128,603 as the national average. But some cities are far above the national average. Their higher price per door is much in line with the higher prices in their housing markets in genera – condo, home price and rental. Vancouver, Colliers has found, has the highest price per door – averaging $212,290. Of course, Toronto, with an average detached house price of $1Million is in close second, with an average price per door at $195,591. The deals are in Winnipeg and Montreal, where the average price per door is under $100,000. While Montreal may seem a bit surprising, because of its higher vacancy rate, it has low market rents so the motivation to own rental market assets is weaker.
2015-08-14 4:26 PM
NewSe
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
INVESTORS
The perfect place to list all of your businesses opportunities
BUSINESS INVESTORS
BUSINESS For advertising
contact Doreen Wills Tel: 1-800-268-0077 or 905-570-9283
doreen.wills@ypnexthome.ca thecommercialinvestor@ypnexthome.ca
NewSectionPages_FullColor2015.indd 16 COM_3315.indd 61
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62
Commercial Real Estate & Business Opportunities
Volume 15 Issue 08
Business Investor
9649286_3315
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2015-08-14 4:26 PM
Volume 15 Issue 08
63
Commercial Real Estate & Business Opportunities
Mortgages
article series from Pro Funds Mortgages
#12051
Utilize Private Funds In Your Real Estate Today! Since private money can fund quickly, why not use this funding source to negotiate a better deal for a quick closing, and offset the additional interest rates? I personally am self-employed and I am an avid real estate investor who uses this technique all the time. I pay the going rates and still have a great success from real estate!
Example of how using private money worked for one of our clients: Purchased a power of sale vacant property: $550,000 Used private funding to close Used private funding for a renovation loan Renovated and leased the vacant space Appraised the property after the work was completed: New value $1,100,000 Refinanced with the bank Removed private money: now they have a beautiful property that is cash flowing and their initial investment has been returned!
Please note, first mortgage rates for a private loan average from 7-10% annually, second mortgage rates average from 10-15% annually. We can obtain up to 90% of the value of the property on approved credit. On average this is on higher side, however has been funded. Lender fee and broker fee will also apply. Private money will fund land, gas stations, vacant properties, distressed properties, construction, and development amongst many others. If you are looking to buy a property and are hitting a wall with your funding, contact info@profunds.ca or reach us toll free at 1-888-330-3866 and we can perform an assessment on your deal today!
Carmen Campagnaro
6_3315
11289457_3315
Pro Funds Mortgages • 1.888.330.3866 • info@profunds.ca • 3390 South Service Rd. Suite #201, Burlington ON L7N 3J5
Business Investor
President Pro Funds Mortgages Inc.
Please say you saw it in The Commercial Investor
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64
Volume 15 Issue 08
Commercial Real Estate & Business Opportunities
R DE UN FFER O
DISTRIBUTOR OF MEDICAL PRODUCTS
POOL & SPA EQUIPMENT SUPPLIER
CNC MILLING AND TOOL FABRICATION
Operating in the GTA over 45 years the company wholesales proprietary branded chemicals blended in house and patented chemicals manufactured by exclusive suppliers. High profile customer base and four employees generate sales $1.1 million with earnings in the $200K range.
The company is engage 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 earning in the $2 million range.
PLUMBING SERVICES COMPANY
OFFICE MAINTENANCE COMPANY
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 GTA. Revenues are in the $7.5M range with earnings averaging in the $500K range.
Company operating in the GTA and specialiazing in all areas of plumbing commercial, industrial, residential, service, installation and 24/7 emergency response. Well trained - 7 FT non-union employees and strong account base generate revenues in the $1.7M range and earnings in the $450K range.
Business has been in operation for 10 years generating $1 Million in revenues with 7 FT & 73 PT employees. Located in Southern Ontario - one hour out of GTA.
ENGINEERING CONSULTING
ATLANTIC PROVINCES OPPORTUNITY
The Company provides engineeringconsulting to building service, 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 $13.5M range.
Business founded 30 years ago and sells used vehicles, provides mechanical repair services and detailing and paint protection applications (10%). The Company also applies paint fading resistant treatments and rust proofing. Revenues in the $1.8 million range.
MANUFACTURER OF AUTOMATION EQUIPMENT FOR FOOD INDUSTRY
DOCUMENT MANAGEMENT SOFTWARE PROVIDER
Located in the GTA and operating over 20 years, the Company wholesales medical products that are directed toward Home Health Care, Pharmacy, Orthotic and Prosthetic, and Podiatry markets. Revenues are in the $2 million range and earnings in the $300K range.
R DE UN FFER O
NDT PROVIDER
Located in Southwestern Ontario the company provides advanced and robotic automation systems for poultry, beef, pork, cheese, sliced meats, ready-made foods, and industrial washing systems for all segments of the food industry. Revenues in the $6 million range and earnings in the $900K range.
D L O S
Business Investor
Company provides products for operations where document retrieval/viewing, data extraction, conversion, and formatting, including high output print-stream formats are required. Customer base consists of financial institutions and other service bureaus. Operating over 30 years in the GTA company generates revenues in the $4.5 MM range and free cash flow in the $2.2 MM range with 17 employees.
R DE UN FFER O
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.
UNDER R DE OFFERUNDER UN FFER EQUIPMENT O OFFER
MFG.
& DIES
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� 416-782-5222
8157086_3315
Please say you saw it in The Commercial Investor
COM_3315.indd 64
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H
A
M
I
L
T
O
N
Mazhar Roshan Sales Representative
Direct
905.318.3800 24 Hr. Pager 647.609.9463 GTA Direct mazharroshan@sympatico.ca
BROKERAGE
I have qualified buyers for up to $5M in commercial and investment buyers. Call for details.
HAMILTON $18.00 SF
BUSINESS FOR SALE - $199,900
On Upper James & corner of Airport Road. Over an acre of land. Property has 2 houses both rented for 1100 + 1000 and tenants pay utilities mixed use property with H-C3 zoning. Lots of future development potential. Buyer to do their own due diligence. 3315_DJW_1_0084
Rapidly growing area of Stoney Creek Mountain, retail/off use 1248 sq ft mezzanine extra. Plaza location with Tim Hortons, Esso G/Bar, Avondale, Gino's Pizza and many more. Current use as Nail Salon (Tenant Relocating) unit has 2 bths & 8 rooms est TMI is $10 PSF. 3315_DJW_1_0022
Great location close to all amenities 2 business in one price. Take out and Indian/Pakistan grocery store. Doing great, good for business minded person or big family. Real money making machine.
FO
R
LE AS E
PRIME LOCATION - $1,099,000
8148414_3315
905.929.9800
HomeLife Results Realty Inc.
FORT ERIE - $119,900 Long established Pizza Store. All equipment 6 years old. Sales growing every year. New high school coming soon nearby. Short business hours. Long lease. Doing $22,000 per month. Good sales. Good family operation. Do not go direct. Call for details. 3315_DJW_1_0021
PLAZA FOR SALE - $1,485,000
HAMILTON - $79,900
In the Heart of Burlington, plaza location fully equipped pizza parlour, doing over 200K per year. Good for family operation. Call for more information.
Long established over 30 yrs Pizza business, doing great, long lease and very low rent, close to mall, hwy, school, amenities and on bus route. Good for family or business minded individual. 3315_DJW_1_0008
3315_DJW_1_0020
DOWNTOWN - HAMILTON $1,500,000
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. 3315_DJW_1_0018
3315_DJW_1_0085
MOTEL FOR SALE - $579,000 R BY ED $5 UCE 0, D 00 0
REDUCED $800,000
Rare find Commercial Plaza with anchor tenant. Net income is 104K, offered at 7% cap rate.
3315_DJW_1_0007
BURLINGTON - $119,900
Ideal property to live in and run your own business. 9 room motel with a 2 bedroom separate house, no vacancy in motel for 2014, fully rented to long term clients. AAA location close to hwys. New septic bed installed in 2014, located beside Tim Hortons & Price Chopper. 3315_DJW_1_0068
Heart of the Ancaster Meadowlands, long established Quizno's sub doing over 400K in yearly sales. Good for family operation.
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 3315_DJW_1_0027 further details.
Location Location Location... In a plaza with Esso Gas Station. Fully equipped, fully operational, 2 bay garage business. Short hours, good return, low rent, long lease, hwy location, close to Ancaster Village, Walmart, Ancaster Toyota & business park, call for more details.
BAR AND EATERY - $119,900
BURLINGTON $20,000
AS E LE R FO
LO ONL TS Y LE 3 FT 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. 3315_DJW_1_0064
RE PRI DU CE CE D
3315_DJW_1_0031
LAND FOR SALE
Located in Stoney Creek, doing over 10K per week, full equipped and licenced for 110 person, this is a turn key operation. Great for family business. Owner absentee operation. Just buy it and start making money, long lease, 3315_DJW_1_0026 reasonable rent.
WILSON STREET, ANCASTER - $69,900 RE PRI DU CE CE D
DESIRABLE ANCASTER LOCATION
R $1 EDU 79 CE ,9 D 00
ANCASTER - $219,900
3315_DJW_1_0033
D
SOL
Location Location Location: Long established over 50 years barber/hair salon with 3 chairs. Owner retiring after 50 years. Good for young energetic individual. Long lease and low rent available.
3315_DJW_1_0014
11G COM
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legallyspeaking
Why create a holding company? By Jayson Schwarz
A
s businessmen and women we are often troubled as to the proper structure to use, in the operation and management of our active businesses. This applies to every kind of active business, from manufacturers, to sales organizations. As a result we need to seek the advice of solid and knowledgeable accountants and lawyers to guide us. Today’s article will focus on the advantages of using a holding company behind the operational structure of your business. Before we begin I need you to imagine a scenario where the business is run through an operating company (opco) and the shares opco are owned by a holding company (holdco). For this discussion holdco is owned by you,
a) Inter-corporate dividends are tax free. This means that the money sitting in opco can be transferred by dividend to holdco generally without tax consequence; b) We have taken the cash from opco and put it in a place of safety. It has been virtually creditor proofed from creditors of opco; c) The money in opco is available to invest in other areas separate from opco such as other assets to diversify holdings. If excess earnings were paid directly from opco to the owner personally, to make those investments, the owner would either pay the personal marginal tax rate or the dividend tax rate after the funds being taxed corporately and this would leave less to reinvest: by using holdco reinvestment is more tax efficient; d) Tax savings may be had by income splitting through holdco. In other words if the owner’s wife and children over 18 are shareholders of holdco or through their family trust are shareholders, if not working or having low income, each may receive dividends of close to $50,000 with minimal tax consequence; e) The money may be loaned back to opco and security taken creating additional creditor proofing and maintaining cash in opco; f) The other benefit relates to timing. Money can be drawn from holdco as required and the owner, as an example, may choose to pay dividends every second year rather than every year allowing the owner to avoid paying quarterly personal tax instalments. It is possible to base instalments on either the previous year’s tax liability, or the current year’s expected liability. If the owner has little or no tax liability every second year, instalments can be based on the year of low income expectation. As you can see there are many benefits to using a holding company. Please meet with your professional advisor, either lawyer or accountant to assist you in achieving the proper structure for your business. 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.
the entrepreneur, the business owner. Each year opco earns a profit, pays its taxes and has cash sitting in the bank. Opco then issues a dividend to holdco. What does this do?
Jayson Schwarz LL.M is a Toronto real estate lawyer and partner in the law firm Schwarz Law LLP.
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FULLY SEASONAL CAMPGROUND.....MATURE BUSINESS....LAKE HURON • • • • • • • • • •
11 ACRES, MATURE TREES 169 SITES, LANDSCAPED WALK TO LAKE SALT WATER POOL PLAYGROUND LARGE REC. HALL PROFESSIONAL KITCHEN GATED SECURITY RENTAL APARTMENT OWNERS RESIDENCE 2915_DJW_0091 11294981_3315
******ADDITIONAL CAMPGROUNDS FOR SALE****** • MARINA + CAMPGROUND, MITCHELL’S BAY • 110 SITES + 2 HOMES ON 8.5 ACRES, WOODSTOCK • 157 SITES + HOME ON 22 ACRES... NOW SOLD
Orio Fishleigh
Dave Bratt
Sales Representative
Sales Representative
orio.fishleigh@century21.ca
dave.bratt@century21.ca
519.709.6746
519.532.5375
Tillsonburg: 86 Broadways St. | 519.688.0021 Woodstock: 871 Dundas St. | 519.539.5646
COMMERCIAL, REAL ESTATE & BUSINESS OPPORTUNITIES
Bill Bradley Sales Representative
Independently Owned & Operated
Unit 2, 1240 Speers Rd., Oakville ON 416.258.6866
416.258.6866 exitwithbill@gmail.com
Senior Residence North of Oshawa
› 20 + Rooms › In very good shape and profitable
Sold
Only $1,000,000 through the Commercial Investor
"I get all my calls through this magazine"
- Bill Bradley 13G COM
COMM_GLOSS_3315.indd 13
2015-08-11 2:15 PM
Steve Dawkins Sales Representative
MEADOWVILLE Garden Centre MLS #144495
$3,400,000
11296535_3315
3315_DJW_0010
3315_DJW_1_0036
3315_DJW_0009
3 Guelph area Turn-key ‘Lifestyle Business’ Opportunities
LOST HORIZONS Nursery MLS #153178
NATURAL STONE Sales/Const.
$1,595,000
MLS #152422
$795,000
Toll-Free: 1.855.95.REMAX Details & Videos: prosper.ca ASKING
Orillia Realty (1996) Ltd. Brokerage
$2.5M
NEW PRICE! Be the thief who takes advantage of this great business. It definitely has a positive cash flow and room to grow. (The Business).
705-325-1373
Price slashed to $2 Million
Donna J. Smith 11299472_3315
B RO K E R
Call for details. 705-330-1289.
donnajsmith@remaxorillia.com
Spend a sunny afternoon on the course and see the potential yourself.
Direct
705-330-1289
2515_DJW_5_0080
JP WIN REALTY INC - 258 B R O K E R A G E 519.972.5070 Jason Woolcock BROKER OF RECORD
jpwin@jpwinrealty.com 11299572_3315
Lease/rent very reasonable terms $2000/month TMI included. Seller will provide training for the transition of ownership.
2515_DJW_3_0081
MR. SHAWARMA is located downtown on Richmond and Dundas St, next to four major bus stops with plenty of foot traffic. Shawarmas are a popular choice among students and hungry passerby's looking for a hot and tasty meal before they leave to catch the next bus. Shawarmas are great to eat on the go, they can also be brought home to eat later. Close to Fanshawe College downtown campus. 1200 sq. feet business for sale only, 30 seat capacity. 3315_DJW_0070
BE SEEN THEIN LIMELIGHT Highlight your hot, new and unique listing. Feature 2 properties and your agent photo in a full colour quarter page ad.
Reserve your space today! 1-800-268-0077 14G COM
THE COMMERCIAL INVESTOR SPOTLIGHT
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SPOTLIGHT SECTION Seeking Seeking greater greater FINANCIAL INDEPENDENCE? AA Maid may be be just just the the answer! answer! Maid Right Right home home cleaning cleaning franchise franchise may No NoSelling. Selling. Guaranteed Guaranteed Clients Clients (in (in Halton). Halton). Low LowInitial Initial Investment. Investment. Financing Financing Available. Available. Grow GrowAt AtYour Your Own Own Pace. Pace. Set SetYour Your Own Own Schedule Schedule and and Hours. Hours.
Maid Right of of Oakville Oakville Maid Right
289.813.0375 Oakville.MaidRight.com Oakville.MaidRight.com
11297277_3315
Training Training && Equipment Equipment Supplied. Supplied.
© 2015 Maid Right Franchising LLC. Maid Right and JAN-PRO International are subsidiaries of Premium Franchise Brands © 2015 Maid Right Franchising LLC. Maid Right and JAN-PRO International are subsidiaries of Premium Franchise Brands
10 ACRES - SMITHVILLE $998,000. Fabulous property with 544' road frontage. Legal 6,417 sq. ft. Woodworking shop with paint booth. 2600 sq. ft. garage with 3 bays and loft. 40' x 40' hobby barn and a completely updated 3+1 bedroom ranch with custom built-ins throughout. Gorgeous country kitchen with cherry wood cabinetry, centre island and granite counters. The property features a 1/2 acre pond, 30' heated pool and is beautifully landscaped both front and rear. Great opportunity to run your own business or to store and restore cars. Call for private viewing.
Frank Loncaric Broker Royal LePage Burloak Real Estate Services, Brokerage Independently Owned & Operated
905-634-7755 Ext. 259 1 800.290.0163
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Brokers Information Listing Service
1.877.272.1721 11285231_3315
30,000+, Haves & Wants, 75% Exclusive
www.iciworld.com
A Landlord’s Rights & Obligations Visit Blog for Ontario Dates
BE SEEN THEIN LIMELIGHT Highlight your hot, new and unique listing. Feature 2 properties and your agent photo in a full colour quarter page ad.
Reserve your space today! 1-800-268-0077 COMMERCIAL PROPERTIES • BUSINESS OPPORTUNITIES • FRANCHISE OPENINGS & MORE! COMM_GLOSS_3315.indd 15
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COMMERCIAL, REAL ESTATE & BUSINESS OPPORTUNITIES 10228647_3315
Bill Bradley
Sales Representative
Independently Owned & Operated
Unit 2, 1240 Speers Rd., Oakville ON 416.258.6866
416.258.6866 exitwithbill@gmail.com 602 MAIN ST. W, DUNNVILLE
$425,000
2915_DJW_1_0087
606 MAIN ST. W., DUNNVILLE
Buy Both
625,000
$
$225,000 2915_DJW_1_0088
GORGEOUS RETIREMENT HOME $3,400,000 2915_DJW_2_0051
PARADISE IN GRENADA $2,400,000 2915_DJW_2_0067
Senior Residence 20+ rooms, North of Toronto. Only $1,000,000.
Sold
Buyers Only
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Strip plazas $1,000,000 to $15,000,000.
Buyers Only
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HomeLife Bayview Realty Inc., Brokerage
Office: Cell: Fax: Email
Rita Mollicone, B.A.
Residential, Commercial and Investments Sales Representative
905-889-2200 416-508-2949 905-889-3322 ritamollicone@gmail.com
SHOPPERS DRUG MART
TOWNHOUSES IN YORK REGION
• Downtown Windsor next to Tunnel to U.S.
• 60 Townhouses, retail and condos
• Leased until August 31, 2021 plus 4 - 5 years options
• Imminent approvals
• Solid carefree investment
• Contact Rita 416-508-2949 for further information
• Area surrounded by new construction
• Net lease $225,000/yr. - $250,000/yr as of Sept 1, 2016 • Your Investment $3.5M 3315_DJW_3_0081
LEASING OPPORTUNITY @ $4.99 SQ. FT.
3315_DJW_0166
STAND ALONE BUILDING FOR LEASE
GAS STATION IN CLARINGTON • 9,000 sq. ft. 2nd floor of Shoppers Drug Mart building • Separate entrance and elevator • High vehicular and pedestrian traffic & visibility • Parking
• Esso and Truck Stop on Hwy • 3.15 acre lot -- 80 km East of Don Valley Parkway
• Downtown Windsor
• $$$ invested to expand Truck Stop -- 40% gas sales is Diesel
• Suitable for many uses
• 3-yr old tanks, canopy and "On-the-Run" store with all new interior • Revenue keeps growing • 1.69M
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• 3750 sq. ft. with ample parking • Major road in downtown Brantford • Zoning permits many uses • High traffic area with many commercial, restaurants and recreational businesses • Recent interior renovations • $22.00/sq. ft.
ALLISTON
• 2 separate buildings • 1 commercial - 2 units (1 unit to be leased) • 1 a 3-storey residential: 6 x 2-bed. apartments • Many recent improvements • Net rent approximately $100,000/year • $520,000
Holly Illman, MBA Twin City Realty Inc. Brokerage
1 Grand River St., Paris ON Office 519-442-0005
Sales Representative Direct: 226-388-4083 holly@pinehavensolutions.com
205 KING GEORGE RD, BRANTFORD
“Making Real Estate Work For You!”
RESIDENTIAL DEVELOPMENT IN PARIS, ON
• High visibility! Great commercial location just down the road from Wal-Mart.
• 125 acres 44 acres developable.
• Very high traffic area.
• Walking distance to Downtown Paris
• Property surrounded by the Nith River on 3 sides.
• 3747 square foot building • Currently set up as an eat-in/ take-out pizza restaurant
• Area study close to completion
• Sale Price $1,380,000
• Sale Price $10,500,000
• 263-296 unit development
• Lease Price $22.00 per sq ft
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122 CHARING CROSS STREET, BRANTFORD
3315_DJW_2_0085
70 MILL ST, WOODSTOCK
61 MURRAY ST, BRANTFORD
• Development Land
• Approx. 1,500 sq ft below ground space available in a busy medical building. • Hosts 2 full family practices, after hours walk-in clinic, and a pharmacy. • Large client base already attending the building for any health-related professionals
E SAL NG DI PEN
• Zoned C4-19. Great location just off Dundas St. • Zoning change to multi-residential in process. • 1/3 acre • Sale Price $100,000
• High traffic area: 2,150 cars per hour coming from West St and 2,100 from King George Rd. • Lease price $1,500 per month gross plus HST.
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• Brick Duplex. 2 large units • Severance pending • Upper unit $1000 inclusive, lower $750 inclusive. • Asking $185,000 3315_DJW_0045
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NO
Commercial Team In Canada! *
**
+ **
COMMERCIAL www.PBcommercialteam.com ** Sales Person + Broker
3315_WEST TORONTO APARTMENT BUILDING
RETAIL PLAZA
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TORONTO EAST 3315_DJW_0043
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MILTON 3315_DJW_1_0089 INCOME PROPERTY!
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Attention Investors! A 96 unit, low maintenance apartment building located in a superb West Toronto location. Sitting on over 2 acres this practically runs itself and with rarely any vacancy! $13,250,000.
60,000 sq. ft. retail plaza in popular Toronto East location! Busy two story plaza on over 2 acres at high traffic intersection. Excellent low maintenance investment! $8,880,000.
9 acre property minutes from Milton W/6 unit apt. bldg, detached 3 bdr home & 4,800 sqft bldg. used by owner as residence/ office. Potential $124,500 gross income. $2,100,000. Call Matthew 647-500-7708.
3315_DJW_2_0088 ATTENTION BUILDERS!
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MARKHAM INVESTMENT
W/ COMM & RES ZONING VE SI U CL EX
Prime Markham corner lot! 3.37 acres with residential & commercial coning! Huge ravine property with historic home circa 1835 and detached 6 car tandem garage! Run your business, live and/or develop later! $1,690,000.
KINGSTON RD 3315_DJW_1_0090
HULLMARK CENTRE OFFICE 3315_DJW_1_0075
Hot Kingston Rd. income property! Prime Kingston Rd exposure w/main floor retail tenant & two second floor residential tenants, plus large bsmt. Approx. $57,600 gross income. $699,000. Call Kenny 416-833-8840.
Premium office space at Tridel's new Hullmark Centre at Yonge & Sheppard! Stunning new building ideally located w/tons of amenities. Approx. 916 gross sq. ft. with floor to ceiling windows overlooking Yonge St. and underground access to two subway lines! $508,000.
INCOME PROPERTY
SPACE AT YONGE/SHEPPARD
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1 acre+ of PRIME Markham land! 16th Ave/Markham land! 16th Ave/Markham Rd. Potential redevelopment site!! Ravine property! Industrial & townhomes area!
SPACE - MAIN/DANFORTH
MARKHAM TOWNHOME DEVELOPMENT PRE-REGISTRATION
MEDICAL CENTRE LEASE 3315_DJW_1_0118
First class medical centre at Main/ Danforth Subway w/office space available for physician! Blgd includes pharmacy; radiology, ultrasound and medical labs; & physiotherapist! 1.5 yrs free on 5 yr lease! $8 / Sq Ft Net. Call George 416-554-7653
• New Townhome Development Coming to Markham Rd / 407 • Pre-Register for Friends & Family Rates • Top-Tier GTA developer • Limited Supply • First Come First Serve Basis • Call George Politis 416-554-7653
ATTENTION INVESTORS! 20%+ ANNUAL RETURNS! • Single Family & Condo Developments • Projected Returns Exceed 21% per Year • Partner with Top-Tier GTA Developers • RRSP, TFSA, LIRA++ Eligible • Get Developer Returns! • Call George Politis 416-554-7653
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Vacant lot at Victoria Park/Huntingwood. Property to be sold w/approved permits & plans for a 4 bdr, 4 bath, approx 3,000 sq. ft. detached home w/walk-out bsmt. Can be sold as completed home. Call Kenny for details 416-833-8840.
www.PBcommercialteam.com | Team@PBTeam.com 5071 Highway 7 E., Markham ON L3R 1N3
*Based on Re/Max International Commercial Commissions in 2014 1St Q
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