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Commercial Investor - 02 Sep, 2017

Page 1

September 02 - 30, 2017, Volume 17 Issue 09

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

COMMERCIAL LAND FOR SALE

• $4.5 million for 100+ acres, great opportunity • Investment/mix-use development/resort operators • 5 minutes walk to a Brand Name Casino • Exclusive Listing, principals only REGISTER TO RECEIVE THE EXCLUSIVE OFFERING PACKAGE

GALLAN HUI, BROKER OF RECORD Culturelink Realty Inc., Brokerage TEL: 1-888-940-3599 EMAIL: dsum@culturelinkgroup.com WANTED: Small & Large Apartment Buildings $6m - $60 million

LARGE AND SMALL APARTMENT BUILDINGS WANTED D TE AN W

D E T N WA

W AN TE D

SOLD BY WINCORP REALTY INC.

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

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

Brokers Mobile Real Estate Networking Association

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

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

FREE SUBSCRIPTION!

192 PLAINS ROAD EAST, BURLINGTON Beautifully maintained office building, Excellent exposure with frontage on Plains Rd., Reception area, Boardroom, Large open concept office space on main floor, 3 separate offices on 2nd floor, Finished basement, Kitchen, Large rear parking lot, Wheelchair accessible, Professionally landscaped Contact Coldwell Banker Integrity Real Estate Inc. WILLIAM DEJONG Broker Email: wdejong@cbci.ca | Phone: 289-291-5068 or

HANEM HAMOUDA Sales Representative Email: hhamouda@cbci.ca | Phone: 416-414-9320

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

FC_3517 (COM)

-214-487 6 5 41

OFFICE BUILDING ON 0.36 ACRES $1,750,000


OFFICE UNIT FOR LEASE

SPACE FOR LEASE COLBORNE ST. E. BRANTFORD

FOR LEASE

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

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

BRAND NEW COMMERCIAL CONDOS

FUTURE DEVELOPMENT LAND

IN STONEY CREEK

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

LAKE FRONT RESTAURANT UNIT

ONLY 1 UNITS LEFT

Branthaven Homes presents the Lake House commercial condos. We are offering to market a 2600 sqft. restaurant unit with a 1400 sqft. outdoor patio facing Lake Ontario with views of the Toronto skyline. The unit is located within the Branthaven Lake House development and booming Winston Road Neighbourhood on Lake Ontario in Grimsby. Surrounded by high and medium density residential homes and easy access to the Niagara QEW. Available winter 2017/2018. 1917_DJW_2_0023

Branthaven Homes presents Jazz Condos. 1110 sqft. and up commercial condos in a brand new mixed use development on busy Plains Rd. E. in Burlington. Many uses allowed including Retail and Office. Plenty of parking, easy access, and just minutes to the 403/ QEW. Occupancy available fall 2016. Call Nick and Nic for further details. 1917_DJW_3_0023

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

$16 PER SQ FT PLUS $4 TMI/CAM

ATTENTION LAND OWNERS

SPACE FOR LEASE

1917_DJW_1_0026

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

RETAIL UNIT FOR LEASE IN STONEY CREEK

D

E AS

LE

1238 sqft unit avail in Spartan Square in Stoney Creek, a well cared for, busy plaza at the corner of Hwy #8 & Spartan Av. Join existing & successful businesses in the plaza such as Subway, Home Hardware & First Choice. Plenty of parking. STONEY CREEK AskingIN$15 per sqft. plus $9.86 TMI per sqft. 1917_DJW_3_0010

D

E AS

WE NEED DEVELOPMENT LAND PLEASE CALL US

LE

1000 sqft. office space available in professional building. Unit is located in the lower level of the building with one large open space and separate office. Asking price of $895 per month. Building is located on Kenilworth Ave. N. across from Centre Mall Canadian Tire store and Gas Bar. Solid 2 storey building newly refreshed with a new facade, to give it a modern and vibrant look to attract your customers. Call Nick and Nic for further details. 1917_DJW_2_0028

SOLD BRAND NEWOUT COMMERCIAL CONDOS - GRIMSBY

LD O S T OU Branthaven Homes presents the Lake House commercial condos. Brand new Commercial/Retail/Office condos by Branthaven! Approx. 975 sq. ft. to 1100 sq. ft. units, with two up to 1600 sq. ft. in size. Located in Grimsby just off of Casablanca Blvd and QEW interchange, on the Branthaven Lakehouse development. Direct exposure to the main road, with plenty of parking. Strategically situated surrounded by high and medium density residential. Occupancy as early as fall 2017! 1917_DJW_1_0025

IN HAMILTON

BUILDING FOR SALE IN HAMILTON

$1,050,000

ER T D UN RAC NT O C

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

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

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

COM

Broker nkazan@royallepage.ca Office 905.574.3038

Broker nvbredow@royallepage.ca Office 905.574.3038

Not intended to solicit Properties or Buyers Currently Under Contract

11308425_3517


AVAILABLE

INVESTMENT OPPORTUNITIES

SOUTHWESTERN ONTARIO INVESTMENT TEAM

VALUE-ADD INVESTMENT OPPORTUNITY Cambridge, Ontario

RETAIL PLAZA INVESTMENT Waterloo, Ontario

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

+ + + +

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

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

MULTI-TENANT INDUSTRIAL London, Ontario + + + +

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

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

INVESTMENT OPPORTUNITY Kitchener, Ontario + t lly leased office ildin + 3.13 Acres of development land + Located in the desirable Sportsworld node

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

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

17,501 sq. ft. retail plaza on 1.335 acres Shadow anchored by Sobey’s and Walmart Tenants include Hertz, Shoes 22, UPS, & more. Asking $5,000,000

11284449_3517

MULTI-RESIDENTIAL DEVELOPMENT LAND Waterloo, Ontario + + + +

0.90 Acres in Mixed Use Commercial Node Preliminary concepts indicate 198-unit, 252-bed Carrying income from existing leased building Asking $6,750,000 ($7,533,482/acre)

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

LAND OPPORTUNITY Wilmot Township, Ontario

INDUSTRIAL INVESTMENT OPPORTUNITY Kitchener, Ontario

+ 45.18 Acres (±31 usable acres) + Zoned Z10 (H) + Asking $1,695,000

+ + + +

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

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

FULLY LEASED INDUSTRIAL INVESTMENT Guelph, Ontario + 25,000 sf multi-tenant building + i traffic e os re ac in onto anlon P wy + Under market rents, short term roll overs + Asking $1,950,000 ($78/sf)

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

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

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

12,908 Sq. Ft. building, fully leased Lot Size: 0.98 acres Zoning: B2 Asking $1,650,000

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

STUDENT RENTAL COMPLEX Waterloo, Ontario + + + +

4 buildings containing 13-Units, 63-Bedrooms Now 80% leased for September 2017 Walkable proximity to both UW and WLU Asking $5,999,000 ($95,079/bedroom)

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

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

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

www.cbre.ca * Sales Representative ** Broker

This disclaimer shall apply to CBRE Limited, Real Estate Brokerage, and to all other divisions of the Corporation; to include all employees and independent contractors (“CBRE”). The information set out herein, including, without limitation, any projections, images, opinions, assumptions and estimates obtained from third parties (the “Information”) has not been verified by CBRE, and CBRE does not represent, warrant or guarantee the accuracy, correctness and completeness of the Information. CBRE does not accept or assume any responsibility or liability, direct or consequential, for the Information or the recipient’s reliance upon the Information. The recipient of the Information should take such steps as the recipient may deem necessary to verify the Information prior to placing any reliance upon the Information. The Information may change and any property described in the Information may be withdrawn from the market at any time without notice or obligation to the recipient from CBRE. CBRE and the CBRE logo are the service marks of CBRE Limited and/or its affiliated or related companies in other countries. All other marks displayed on this document are the property of their respective owners. All Rights Reserved. 3G

COM


SOUTHWESTERN ONTARIO COMMERCIAL OPPORTUNITIES SOUTHWESTERN ONTARIO SOUTHWESTERN ONTARIO CO OM TU C MM M EERRCCI IAALL OOPPPPOOR R TN U INTIITEISE S

FREE STANDING BLDG

LIGHT INDUSTRIAL

ATTENTION INVESTORS INCOME PROPERTY

ric e

w P Grov e Road - London 635N eWilton Ð Building 96,024 square feet 267 Area 9 How ard acres Av enue - Windsor, ON Ð Site - 6.495 Ð 93,000 Ð Zoned LI 1 sf - Freestanding Industrial / Warehouse office -facility Ð Various clear heights 25’-9’on 7.05 acres Ð Partially tenanted Ð Easy access to 401 with fenced compound Ð 16’-30’ foot clear height

Ð 10 cranes Asking Pricranging e $ from 4, 955-250,ton000

LIGHT INDUSTRIAL

INVESTMENT

267 9 How ard Av enue Windsor, ON

18 8 5 Blue Heron Driv e - London, ON Ð Near WalMart, Canadian Tire, LCBO, 635 Wilton - London, ON Winners, Golf Grov Town,eSport Chek....etc Ð 96,024 Square foot building on 6.945 acres Ð Fully air conditioned units Ð Zoned - Light Industrial (LI1) ÐÐ Grade Variousloading clear heights - 25’ - 9 ‘ ÐÐ Building Power - very 2000well ampsmainted / 600 volts Dock1,2 and- grade loading 2,700 sq.ft. ÐÐ Units approximately

Andrew J ohnson Asking Pric * e $ 2, 95 0, 000 519.438.8639 $ 2, 7 5 0, 000 Andrew J ohnson * andrew.j ohnson@ cushwakeswo.com

Ð Easy access to highway 401 Ð Features a fenced in compound Sale Pric e $ 1, 625 , 000 Ð Access to both Wilton Grove Rd and Lease $ 8 .00 p sf Net RoxburghRate Rd

Brent Rudell *** andrew.j ohnson@ cushwakeswo.com 519.438.5608 Dav id J ongerden * brent.rudell@ cushwakeswo.com 519.438.9125

TySale ler Desj Pricardine e $ 4,* 95 0, 000 519.438.5403 ($51.50 psf) Andrew J ohnson * tyler.desj ardine@ cushwakeswo.com 519.438.8639

519.438.8639

david.j ongerden@

cushwakeswo.com

RESTAURANT / RETAIL

AUTOMOTIVE PLAZ A

INDUSTRIAL LAND

45 K 646 ing Cathc Streetart- London, ON ON Blv d. - Sarnia, Ð Located in a building to be occupied by 300+ Ð Fantastic North-end Sarnia location Ð Car wash excellent office workers inorial 2017 Pkw Veterans Mem delivers y &revenue Riv erfrom Rd this busy location Ð Restaurant space available across from London, ON Ð Oil change facility is leased by Pro-Oil, but Budwieser Gardens Ð Approximately Acres for the property there may be 9.5 an opportunity Ð Complete ktichen with a walk-in cooler, 12 ft owner to operate under private brand for Ð Excellent exposure to V aeterans rangeincreased hood, gas and electric lines value Parkway Ð Memorial Bright open main floor dining area Ð 4 car wash bays ÐÐ Convenient highway access torefreshed 401 Owner will assist improvement Ð 2 drive-thru oilwith change bays - just Ð Z Allowance oned H* and LI2 / touchless or free rent Ð 1 drive-thru car wash ÐLease ail traffic count of approp i sfatel Rate Net Asking Pric$ 19.95 e $ 1, 295 , 000 26,000 vehicle per day Poore * * * Dav Kidenn J ongerden 519.438.5588 SALE PRICE $ 995 , 000 519.438.9125 kenn.poore@ david.j ongerden@ cushwakeswo.com cushwakeswo.com Brent Rudell, Broker of Rec ord 519.438.5608 brent.rudell@ cushwakeswo.com

andrew.j ohnson@

cushwakeswo.com

LAK EFRONT FARMLAND CHARACTER BUILDING

New

Pric e

Ð 93,000 sf - freestanding industrial / warehouse and office facilit Ð Partially tenanted ric e w PAcres NÐ e7.05 Ð 16’-30’ foot clear height 0 Wilton Grov e Rddoors - London, ON Ð 118 V arious grade loading Ð Southon-site Londonparking location Ð Ample Dundas St.power E. - air London, ON 18,000 square feet, conditioned Ð17 3Ð30 Phase 600v with several Ð connection 2Ð Storey building Includes 5,500 sq.tf. of very nicely points with various Ð amperage’s Approximately 8,000 sf plus basement finished offices throughout Ð Large lot with 30 acres car parking Ð Approximately 0.367 (16,005 sf) Ð 10 cranes ranging from 5-25 ton Ð Zoned ASA 1, 2, 3 - wide range of uses Sale Pric e $ 1, 7 00, 000 Ð Indoor / Outdoor storage Ð 25-30 surface parking stalls on site Ð $175,000 NOI w/excess $ 1,vacancy 5 00, 000 Gary Pric Polloce k Sale $ 8 * * 95 , 000 519.931.2174 Ty ler Desj ardine * SALE PRICEcushwakeswo.com $ 2, 95 0, 000 gary.pollock@ 519.438.5403 tyler.desj ardine@ PeterPRICE Craig * cushwakeswo.com NEW $ 2, 7 5 0, 000

519.931.2184 George K erhoulas * 519.931.2181 peter.craig@ cushwakeswo.com

Andrew J ohnson, Sales Rep resentativ e george.kerhoulas@ cushwakeswo.com 519.438.8639 andrew.j ohnson@ cushwakeswo.com

STRATHROY AREA

Dav id J ongerden, Sales Representative INVESTMENT OPPORTUNITY 519.438.9125 david.j ongerden@

VACANT LAND

Ð Ð 201 abutting Lake Erie appointed and 15 Acres Residential units - nicely

Ð Currently farmed for Corn and Beans updated aparments 1424 Southdale West Ð Sandy Loam and Light Road Clay soil runs throughout Ð 3 commercial units - all leased the flat andON cleared acreage. London,

Growing community with a rich history, Ð Ð 125 Workable and 76 Forested Acres, as well as Potential Development aextensive farmhousefor andFuture barn. social and cultural amenities and Included is income from a Bell Mobility Tower Approximately 16.58 Acres someonofthe theproperty nicest Victorian era architecturen lease Located in Byron outside the Urban in Ontario Future income potential through logging and Boundary maple syrup production ÐGrowth Building generates nice income with room for Many income sources abound as well as future ÐÐ Great access to 400 Series highways improvement development potential Ð Abutting small towns of Komoka,

Ð ÐÐ ÐÐ

Kilworth and Asking Pric 300, 000 Sale Pric eDelaware $ e 98 $ 5 2,, 000 Ð Z oned AG1 K enn ** $ 2, 200, 000 Dav id Poore J ongerden * 519.438.5588 x224$ 68 9, 900 SALE PRICE 519.438.9125 kenn.poore@ cushwakeswo.com david.j ongerden@ cushwakeswo.com Brent Rudell, Broker of Rec ord 519.438.5608 brent.rudell@ cushwakeswo.com

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

w wRealw Estate .c Brokerage, ushw Independently akeswOwnedo.cand Operated om

5 19.438 .5 5 8 8

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

w w w .c ushw akesw o.c om

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

cushwakeswo.com

PRESTIGIOUS BLDG

42917 Petrolia Dex ter Line Central Elgin, ON Line - - Petrolia, ON

8 ..5 5 5 5 8 8 8 8 5 5w 1w 19w 9.c. .ushw 44338 akesw o.c om Andrew J ohnson, Sales Rep resentativ e 519.438.8639 andrew.j ohnson@ cushwakeswo.com

COM

A RARE FIND

Alb ert Street ON 18 37 8 5 0Blue Heron Driv - eStrathroy - London,, ON Ð Ð Ð Ð

Ð 3,165 sq.ft. building Opportunity on 7.43 acres Commercial Investment Ð OneLeased building / no basement 602 Q storey ueens Av enue 100% Commercial Plaza Ð Units Zoned C3-4, EP ON 7London, | Approximately 14,000 square feet system Net Operating Incomespace -installed Approx.in$114,071/yr ÐÐ Lifebreath re ier office fringe

Ð downtwon Handicap washrooms (CPI increases built into most of the leases. Net rental core

Potential for over $50,000 Grossbasis) Income per year rates will continually increase on a included years ÐÐ On-site, free parking in rent

Property taxes (2016) $12,089 Ð Gross Operating Income - Approx. ÐÐ Over 38,000 square feet$194,779/yr Ð Zoned LI 1(3) ÐAsking ell wired and e finished Pric $ 449,space 900

ÐLease Preference for single userp but Rate sf space Net Asking Pric e $ $ 1,10.00 625 , 000 may be demised

Ty Ty lerler Desj ardine * Desj ardine * 519.438.5403 519.438.5403 LEASE RATE $ 14.95 p sf Net tyler.desj ardine@ cushwakeswo.com tyler.desj ardine@ cushwakeswo.com Dav id J ongerden, Sales Rep resentativ e 519.438.9125 david.j ongerden@ cushwakeswo.com

CUSHMAN & WAK EFIELD

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

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

CUSHMAN & WAK EFIELD London, Ontario N6A 5J 9

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

Southw estern Ontario

* Sales Representative **Broker *** Broker of Record 620-A Richmond Street 2nd Floor, Box 19 11266917_3517 London, Ontario N6A 5J 9


ear

Toronto T ! EA TR EAR CL S A

BL

DO

OO

WN

R L TOW OC A N TIO

N

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

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

T EN LL E CE EX PSID U

Welland

OW N BU ER ILT

• 7 x One Bedrooms

• Asking $888,000 • Asking $74,000 per Suite

5 x Two Bedrooms

• Built and Owned by Same • Low Average Rents Family Since Mid-1970’s • On-Site Superintendent • Well Maintained Property • Private Paved Driveway with Ample Parking

- Potential Upside on Turnover • 8 Balconies • Treat Mortgage as Clear • Purchaser to Arrange Own Financing

Neighbourhood with Excellent Proximity to 401

• Lower than Average Rents, Excellent Upside

• Bus Stop Directly Across the Street • Good Size Units, Well Kept Building w/ Elevator • Walk to Park (behind

on Turnover

• Tenants Pay Own Hydro • Walking Distance to Many

building) and to Baycrest Hospital

Amenities along Bathurst • Treat Financing as Clear! Corridor

% 6.3 RATE AP

Vittoria

S/ NO RE S NY ADE A M PGR U

Barrie

• Asking $735,000

• Asking $ 650,000

• 3 x One Bedrooms

• Asking $ 72,222 per Suite

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

AS TREA CL T EA R!

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

3 Suites

6 x Two Bedrooms

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

• Treat Financing as Clear

9 Suites

• 1 x One Bedrooms

• Asking $245,000 per Suite

LA SU RGE ITE S

C

34 Suites

Roof and Driveway

12 Suites

BA T & W HUR ILS ST ON

• 4 x Bachelor • Asking $7,250,000 • Asking $213,235 per Suite 11 x One Bedrooms 19 x Two Bedrooms • Quiet Residential

26 Suites

RE TU S MA ANT N TE

North York

Niagara Falls

T EN EC TS Y R EN

T AS REA CL T EA R

N EM MA ROV

!

IMP

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

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

• Many Recent Improvements including Complete Electrical Updating, Common Area

on Turnover • Large Bedrooms in All Two Bedroom Units

Improvements, and Suite

• 5.0% CAP Rate

Renovations

• Treat Financing as Clear!

10 Suites 8172756_3517

5G

COM


COMMERCIAL PLAZA FOR SALE / LEASE

List Price $2,550,000 Lease Rate Starting at $11.00 psf net

Located 10 minutes north of Kitchener Waterloo with 190 ft frontage on main crossroad downtown Elmira • • • •

C1 zoning includes: office restaurant retail etc. Economical additional rent charges Perfect for an owner\user or an investor Unit sizes available from 1,388 sf to 6,721 sf

11316810_3517

• Stand alone building in excess of 23,000 ft.2 • Over $1 million spent in redeveloping this three level building • Potential CAP Rate of 10%

markhopkins@remax.net Mark Hopkins, Sales Representative RE/MAX Twin City Realty Brokerage inc.

Office: (519) 579-4110 Cell: (226) 218-0557

247 CENTENNIAL PARKWAY N., HAMILTON

QEW & CENTENNIAL PARKWAY 45 GODERICH

INDUSTRIAL/RETAIL

COMMERCIAL/RETAIL/ OFFICE SPACE

OFFICE SPACE

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

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

Available Immediately. 1068 - 2471 sq. ft. Plenty of parking and signage. Easy access to QEW. Rent from $11.00 per sq. ft.

325 BARTON ST.

3517_DJW_0023

1917_DJW_1_0028

1917_DJW_1_7007

905-777-0252 ext 304 E-mail:

info@desantis.com

www.desantis.com 6G

COM

8148088_3517

Tony DeSantis

v


SOLD

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

SOLD

$3,000,000

v • 800 sf Main floor commercial unit is currently rented to a registered massage therapist. Second commercial unit is a public laundromat for additional income • MLS • Call Ryan Briggs 3233 ERBS RD, PHILLIPSBURG

$519,000

2317_DJW_0044

$1,295,000

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

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

$25.00/SF

222 KING ST. SOUTH , WATERLOO 3517_DJW_0030

$12.90/SF

3517_DJW_0029

50 BATHURST DR., WATERLOO

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

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

KITCHENER, ONTARIO

519.578.0337

CELL:

$1,400,000

• Two adjacent bungalows ideally suited for land assembly and future development • Total 100' frontage with a depth of 155' for a total of 0.358 acre • MR-6 Zoning • Easy access to universities, shopping, restaurants & public transit • MLS • Call Ryan Briggs 281 GODERICH ST, PORT ELGIN

FROM $15/SF

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

$249,900

3517_DJW_0031

2317_DJW_0044

193 WATER ST S, CAMBRIDGE

406 & 408 ERB ST W, WATERLOO

1917_DJW_0071

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

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

2717_DJW_0016

3117_DJW_0015

1917_DJW_0031

34 BRIDGEPORT RD E, WATERLOO

$1,200,000

Established catering business for over 20 years. State of the Art industrial kitchen with storefront cafe (The Hungry Olive) as well as office space, storage and temperature controlled trailer for transporting catering food to events. Business includes lucrative contracts as well as assets worth more than the sale price. This business runs full time 9-5 weekdays with corporate catering/cafeteria contracts and the sky is the limit for weddings and special event business for the ambitious entrepreneur. Rare opportunity to take over an established business with tons of potential. Financials etc. are available for qualified buyers. MLS Call Christina.

NEIL KOEBEL

RYAN BRIGGS

DUNCAN MCLEAN

Broker of Record

Sales Representative

Sales Representative

519-741-6594

Neil@cmarealty.ca

CELL:

519.498.5775

Ryan@cmarealty.ca

CELL:

11280798_3517

• 2 acre high profile redevelopment site • Proposed C-2 zoning allows for high density residential/mixed use neighbourhood commercial • Minutes to Hwy 85, on public transit route and few blocks from two future LRT stops • Ideal for main floor commercial and up to

159 ERB ST W, WATERLOO 1917_DJW_1_0029

$4,995,000

3117_DJW_0014

2317_DJW_0043

153 UNION ST E, WATERLOO

519.590.7997

Duncan@cmarealty.ca 7G

COM


AVAILABLE

INVESTMENT OPPORTUNITIES

SOUTHWESTERN ONTARIO INVESTMENT TEAM

11314136_3517

INVESTMENT OPPORTUNITY Kitchener, Ontario

RESIDENTIAL DEVELOPMENT LAND

Aylmer, Ontario

+ + + +

Draft plan for 24 Condo Lots (18 lots serviced) ±1.64 Acres, medium density residential Asking $590,000 $24,583 per lot (based on 24 lots)

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

+ + + +

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

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

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

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

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

8G

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

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

INVESTMENT PROPERTY Kitchener, Ontario

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

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

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

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

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

+ + + +

INDUSTRIAL LAND OPPORTUNITY Ayr, Ontario

Located within prestigious Shaw Valley subdivision 5.73 acres, Draft Plan Approved Zoned HR3-89, allows single family & townhomes Many lots back onto woodlot and/or ravine-like

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

+ + + +

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

LOW DENSITY RESIDENTIAL DEVELOPMENT Tillsonburg, Ontario

9 UNIT MULTI-TENANT INDUSTRIAL MALL Stratford, Ontario + + + +

103,741 SF on 6.23 acres. Units from 2k – 31k SF New roof, windows, lights, metal cladding 100% Fully Leased Asking $5.6M – 7.9% Cap Rate

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

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

INDUSTRIAL OPPORTUNITY Waterloo, Ontario + + + +

±20,160 SF on 1.26 acres Prime Waterloo location Zoning LI Asking $1,550,000

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

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

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

www.cbre.ca * Sales Representative ** Broker

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


LUXURY LIVING AT ITS FINEST RECREATION AND CONVENIENCE ARE AT YOUR FINGERTIPS AT SIGNATURE WEST

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Kitchener ONT Starting @ $279,900.00 27 Units 1 - 2 - 3 bed units Multi-Unit Stacked

CALL 1.226.980.9807

COMING SOON Fall 2018

Built by ROi Developments Inc

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COMMERCIAL, REAL ESTATE & BUSINESS OPPORTUNITIES 10228647_3517

Bill Bradley

Sales Representative

Independently Owned & Operated

Unit 2, 1240 Speers Rd., Oakville ON 416.258.6866

416.258.6866 exitwithbill@gmail.com

WANTED APARTMENT BUILDINGS FROM 6 UNITS TO 150 UNITS

RETAIL COMMERCIAL PLAZA 57,700 SQ FT. $13,500,000 COMPLETED

RETIREMENT HOMES FROM 10 BEDS UP TO WHATEVER SIZE YOU WANT.

PROPERTIES THAT CAN BE MADE INTO RETIREMENT HOMES

10G COM

MALLS AND STRIP PLAZAS FROM $2,500,000 TO $30,000,000 FOR SALE 29 ACRES - COMMERCIAL EDGE OF MILTON

BUYERS ONLY


Volume 17 Issue 09

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Commercial Real Estate & Business Opportunities

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

INDEX Kitchener, Waterloo & Guelph Southwestern Ontario

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2

Commercial Real Estate & Business Opportunities

Volume 17 Issue 09

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

Special Features 6 IN THE NEWS — Headwinds are keeping inflation tame but only temporarily: CIBC 14 TRENDING — Small businesses concerned about potential changes to NAFTA: survey 20 INVESTOR INSIGHTS — Outlook remains strong and stable despite recent policy changes 24 BUSINESS BAROMETER — Confidence remains stalled 34 TREB REPORT — GTA Realtors release commercial market figures 37 INVESTOR INSIGHTS — Economic fundamentals of Barrie set the stage for real estate investors 40 TRENDING — Improved economic outlook for many Canadian midsized cities 44 TRENDING — Open debate: Open vs. private workspaces GLOSSY SECTION EDITORIAL 12G IN THE NEWS — Economic growth to continue for most Ontario cities in 2017, albeit at a more moderate pace 14G IN THE NEWS — Office sector undergoing important shift in dynamics as trends transform both demand and supply

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Volume 17 Issue 09

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3:47 PM

5

Commercial Real Estate & Business Opportunities

Kitchener/Waterloo Guelph & Cambridge

Volume 17 Issue 09

www.teammilovick.com

519-745-7000

Grand Valley Realty

BROKERAGE INDEPENDENTLY OWNED AND OPERATED

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

Jennifer Shingler

11298911_3517

Mike Milovick

fax: 519-489-1333

Sales Representative jenn@teammilovick.com

www.TeamMilovick.com

Invest in Ontario’s Number 1 Town Today! Subscribe: Latest KWC Real Estate News: www.FaceBook.com/TeamMilovick 367 HIGHLAND ROAD WEST, KITCHENER

8 COLUMBIA STREET WEST, WATERLOO

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

D L O S 7,900,000

D L SO 1,799,000

$

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

$

2317_DJW_0026

1917_DJW_2_0006

317 SPRUCE STREET, WATERLOO

42 CENTRAL ST. WATERLOO

• Over $93,700+ Potential Gross Income! • Located about a five minute walk to WLU and a fifteen minute walk to UW, this is a turn key, rental licensed, city approved opportunity. • Three 5 bedroom units. • This opportunity should provide better than average yield - today - and in years to come! • MLS®

1,095,000

$

2717_DJW_0013

18 CULPEPPER DRIVE, WATERLOO

243B CEDARBRAE AVENUE, WATERLOO

419,900

$

269,900

$

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

D L O S

• $20,800 Potential Annual Gross Income Available! • Rented at $1740 a month, starting in September. • Leased until at least the end of April, 2018. Entry level freehold (no condo fees), income property! • Up to five student potential with rare class D2 City-approved rental license! • Leased until end of April, 2018! • MLS® 2717_DJW_0014

Please say you saw it in The Commercial Investor

679,900

$

• $42,840 amount of annual gross income available here! • Steps to WLU, Waterloo Park and MacGregor Elementary School! • Located in the prestigious Albert-MacGregor Conservation District, • Current home’s format has two separate units, duplexed by building permit in 2001. • MLS® 2317_DJW_0025

1-12 BRIDGEPORT ROAD E, WATERLOO

314,900

$

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


inthenews

Headwinds are keeping inflation tame but only temporarily: CIBC

A rising dollar, soft labour costs and energy prices are holding back inflation but it could hit Bank of Canada’s target in 2018

H

eadwinds, such as recent gains in the Canadian dollar, soft labour costs and lower energy prices, have kept inflation tame. But, in the medium term, Canada’s consumer price index (CPI) will push toward the Bank of Canada’s target, finds a new report by CIBC Capital Markets. The report, Canadian Inflation: What’s gone wrong? coauthored by CIBC Chief Economist Avery Shenfeld and Senior Economist Nick Exarhos, also examines the impact of certain inflation drivers, including the regional housing boom, on the overall CPI measure.

doesn’t support positive cash flow for the marginal supplies needed from the United States.” Regional housing market booms have not yet had an impact on CPI because they’ve been offset by low mortgage rates and because CPI measures factor in builders prices, which typically lag behind secondary market prices. “Statistics Canada has advised us that a change in methodology for housing inflation is forthcoming, and we’re guessing that a measure for house prices could be part of that change. But the key to why house prices have been MIA is that mortgages have been generally rolling over at lower rates in the last several years. That’s about to change,” he says. The report says the CPI for mortgage interest will accelerate from roughly zero to well over three per cent by mid-2019.

“For each of the issues we looked at, the impacts are in the range of a decimal place or two on the CPI. But when added together, they’re material enough to push CPI inflation above the two per cent target by next spring,” says Mr. Shenfeld.

“That looks dramatic but given the modest weight of this one component, it would add only 0.2 per cent to total CPI. In sum, a giant leap for MIC, but a small step for total inflation,” Mr. Shenfeld says.

“That won’t be alarming to the Bank of Canada, given how long inflation has run below target. But it might add a dose of pressure to long-term rates and breakeven inflation assumptions in the real return bond market, given how dovish current market expectations are for Canada’s CPI,” he says.

According to the report, one factor holding down inflation has been unit labour costs, which have decelerated in recent years. While, more recently, compensation has accelerated as unemployment dropped, that has been offset by surging productivity, with unit labour costs easing to a slim 0.4 per cent annual growth rate through the first quarter of this year.

Mr. Shenfeld noted that the Bank of Canada’s July 12 rate hike – its first in seven years – is resulting in a temporary drag on inflation. “By pushing the Canadian dollar stronger, the Bank of Canada’s rate hike may have delayed achieving its two per cent inflation target. But not for long,” he says.“A likely reversion in productivity to trend would, along with minimum wage gains, put pressure on unit labour costs, housing will add a couple of ticks, and we see oil higher in 2018 given that current pricing

“By pushing the Canadian dollar stronger, the Bank of Canada’s rate hike may have delayed achieving its two per cent inflation target.”

“Looking ahead, the compensation component should see further pressure, as it captures the lagged impacts of the recent tightening in Canadian labour markets on wage settlements,” says Mr. Shenfeld.“In addition to that invisible hand of markets, higher minimum wages in Ontario, BC and Alberta will be kicking into labour costs in the next two years.” Productivity, in contrast, might simply have been rebounding after an earlier period of unusual sluggishness, the report says. “If recent quarters are not the start of a productivity boom, and output per hour reverts back to it medium-term trend, compensation gains will translate into a meaningful recovery in unit labour costs,” Mr. Shenfeld says. Trends in food should also support a stronger inflation rate. “A persistent drag over the past several months, grain prices appear to be firming. Even if the food basket only levels off in seasonally adjusted terms, built-in gains in recent months would see food’s 12-month pace accelerate from -2 per cent early this year to over 0.5 per cent,” Mr. Shenfeld says. For more information visit cibc.com.


7

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

PROTECTING YOUR INVESTMENT

AS P HALT - MA I N T EN A N C E/ R E PA I R 4. Install speed bumps where necessary to reduce vehicle speeds.

CAUTION! Asphalt surfaces quite often slip way down on the owner’s priority list for maintenance repair and replacement. This should not be the case as this is the one of the first areas a client or perspective buyer looks at when visiting the site. Also, serious trip hazards are often overlooked which may result in costly law suits.

MAINTENANCE We recommend a simple regular maintenance plan to reduce wear and tear, trip hazards and make the property more appealing. 1. Seal cracks annually seal the asphalt and line paint every 2 - 3 years, extends life several years. 2. Investing in reinforced concrete protection rings around all manholes and catch basins results in reduced maintenance and replacement of asphalt. 3. Raise manholes and catch basins so that they flush with the asphalt and concrete rings.

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

5. Instead of replacing asphalt consider capping the existing asphalt if it is in reasonable condition.

SEAL ASPHALT

CONCRETE RING

CONCRETE SPEED BUMP

www.BrookBC.com 905-385-4496 1-888-343-3023 11236833_3517

Please say you saw it in The Commercial Investor

Kitchener/Waterloo Guelph & Cambridge

Volume 17 Issue 09


8

Commercial Real Estate & Business Opportunities

Volume 17 Issue 09

Kitchener/Waterloo Guelph & Cambridge

COLDWELL BANKER COMMERCIAL COLDWELL BANKERREALTY, COMMERCIAL PETER BENNINGER BROKERAGE

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

909 SF · $800/mo. · MLS:30560474 · Kitchener R E TA I L / O F F I C E Low cost office space. Utilities extra. Gary Boudreau* COLDWELL BANKER COMMERCIAL 1,843 - 5,947 SF ∙ $20.00/SF ∙ Kitchener C ES E FROERTASIAL L/ EO/FLFEI A MLS:30505595/5597∙New retail plaza· on Huron Kitchener 1,824 SF · $16.95/SF · MLS:30535669 F OPETER R S A LBENNINGER E / L E A S E REALTY, BROKERAGE

1,184 SF · $16.00/SF · MLS:30538507 · Kitchener Drive up retail unit with signage on Highland Rd. 5,652 SF ∙ $14.50/SF ∙ MLS:30562379 Centrally located on high traffic road in a high Kitchener ∙ Class Aarea. OfficeStrong Space.tenant New Building, density residential support. Tobin* Rd. with highHigh traffic and exposure, ample on- High Visibility, Free on-siteLesterparking. New Building, Visibility, Free on-site parking. 508 RIVERBEND DRIVE, KITCHENER, ON. parking. John Hoffman*/Gary Boudreau* John Hoffman*/ Gary Boudreau* site drive-up Lester Tobin* 800 SF · $21.00/SF 1,740 SF · $32.00/SF · MLS: 30554732 · Waterloo · MLS:30543919 · Waterloo Former restaurant/bar located in University District. 519-743-5211 1,197 SF · $14.00/SF · MLS: 30558849 · Waterloo Main oor opportunity. High traffic intersection of 10,000 parking. SF PHONE: ∙Corner Divisible $8.00/SF On-site Unit. ∙ FromLester Tobin* 1,413 SF ∙ $2,200/Month+HST ∙ MLS: 30516996 University 839 SF &∙ Bridge. $1,150/Month HST 85.∙ Seconds from+ Hwy in corner building at King St ronting on Erb MLS:30595115/5127/5133, Breslau ∙ Regionally Located office, location or Medical use. MLS:KW1537515 ∙ Kitchener ∙ Finished Kitchener ∙ Great Colin Vogel* St. Ample parking nearby. Lester Tobin* 3,100 SF · $10.00/SF · MLS: 30543869 · Waterloo 909 SF · $800/mo. · MLS:30560474 · Kitchener 1,184 SF · $16.00/SF · MLS:30538507 · Kitchener R E TA I L / O F F I C E great or medical & service use. low common Gary Boudreau* 920 · $1,999/Month · MLS: 30557358 · Waterloo Medical space Boudreau**/ High exposure Gary & traffic. Ample Low cost office space. Utilities extra. Gary Boudreau* DriveSFup retail unit with signage on Highland Rd. Finishes.office James Boudreau 388SF · $895/Month · MLS: 30557365 · Waterloo onsite freeFparking, large windows, close to public Utilities renovated, finis in ed aoffice. CentrallyIncluded. located Newly on high traffic road high O R S A L E / L E A S E Utilities Included. Finished private office. 30557318 2nd oor. 890 SF ∙ $1,890/Mth. ∙ MLS: transit, Universities & Conestoga College Lester Tobin* 1,824 SF · $16.95/SF · MLS:30535669 · Kitchener 2nd oor,residential 4 large windows abundance of density area. provide Strong an tenant support. 25,325 SF ∙ $16.00/SF ∙ MLS:30584853 Large window∙ provides lots of natural space light. Sept 1/17 Great Basement behind Kitchener natural and ready for* Tobin* more. light. Portion of unit is vacant GaryLester Boudreau New Building, High Visibility, Free on-site parking. possession. Colin Vogel* ∙ Low CAM’s! Rare Freestanding Waterloo 22,383 SF · 2.69 Ac. · $4,100,000 · Waterloo grand river hospital Colin Vogel* units available. Call occupancy. JohnMore Hoffman*/Gary Boudreau* 1,740 SF · $32.00/SF · MLS: 30554732 · Waterloo 800 SF · $21.00/SF · MLS:30543919 · Waterloo Building withoffice Highbuilding, Exposure! Facing Northfield Purpose built conveniently located at today!SF · $26.00/SF · MLS: 30502665 · Kitchener Chris Kolednik** Former restaurant/bar located in University District. 1,488 Main SF oor· opportunity. High traffic intersection of $12.00/SF · MLS:30524639 · Kitchener SF · $14.00/SF · MLS: 30558849 · Waterloo 1,114 a high pro le intersec on. Currently nished for 1,197 On-site parking. Corner Unit. Lester Tobin* New retail plaza on corner of Fischer Hallman and University & Bridge. Seconds from Hwy 85. inDr. corner at-King ronting on Erb professional office user, but presents an ideal Located Seabrook Highbuilding exposure highSttraffic. Ample on Looking 1-2 general prac oners to take over a John Hoffman* 1,114 SF ∙ $12.00/SF ∙ EXCLUSIVE ∙ Kitchener Colin Vogel* 4 fully parking nearby. Lester Tobin* medical office of a re red doctor. Includes opportunity for medical conversion or complete St. Ample drive-up parking. 3,100 SF · $10.00/SF · MLS: 30543869 · Waterloo site equipped exam rooms, built in recep on area, redevelopment for increased density. Looking 1920 SF · $1,999/Month · MLS: 30557358 · Waterloo Medical office space High exposure & traffic. Ample 3,058 SF ∙ $18.00/SF ∙ MLS: 30584437 890 388SF Waterloo wai ng room & washrooms. Located in busy retail SF · · $895/Month $1,890/Mth. · MLS: 30557365 30557318 · Kitchener Peter Benninger**/Chris onsite free ∙parking, windows,office. closeKolednik** to public Utilities Included. Newly renovated, finis ed office. Bea ti large ll finished Centrally Waterloo Lester Tobin* Utilities Included. Finished private office. 2nd oor. plaza with a Shoppers Drug Mart. transit, Universities & Conestoga College Lester Tobin* Great Basement space behind grand river hospital 2nd oor, 4 large windows provide an abundance of 30,359 SFto• K-W 1,363and SF Mezz. • $3,450,000 • Waterloo Large window provides lots naturalChris light.Kolednik** Sept 1/17 50,000 SF ∙ 3.87 Acres ∙ $2,895,000 · Bran ord located Guelph. Large wrap around More units available. Call oftoday! natural light. Portion of unit is vacant and ready for Colin Vogel* 5,652 SF · $12.50/SF · MLS:30562379 · Kitchener 2.71 Professionally nished office space. possession. windows. o private rooms Ac. · offices/meeting $4,100,000 · Waterloo 22,383Ac.(+/-) SF Mix · 2.69 occupancy. Colin Vogel* busySFretail plaza with a Shoppers Mart. New MLS 30590407 Outdoor StorageFree Permitted. Building, ·High Visibility, on-site 390 · $850/Mth. · MLS: 30555731 Drug · Kitchener Unique design with sky-lighted hallway & many skyand open space. Colin Vogel* Purpose built office building, conveniently located at 1,488 SF · $26.00/SF · MLS: 30502665 · Kitchener ar call o listing reau* Lester Tobin* Income in· $12.00/SF place John or ·a Hoffman user/investorUnit is parking.. lights throughout. Features an execu ve boardroom Located directly behind grand river hospital. 1,114 SF MLS:30524639 · Kitchener a high pro le intersec on. Currently nished for New retail plaza on corner of Fischer Hallman and agent or income details. Steve Gerakopulos* w/adjoining kitchene e for catering, many smaller perfect for medical practitioner looking for short Looking oners to FOR take over 1-2 general prac SPACE professional user, but∙ presents an ideal Seabrook Dr. High exposure - high traffic. Ample on PROFESSIONAL OFFICE LEASEa 1,957 SF ∙ office$15.25/SF occupancy. Call∙ $4,100,000 for more info! 22,383 SF ∙ 2.69 Acres ∙ Exclusive es, changeMLS: room 30551894 & shower term boardrooms/kitchene doctor. Includes 4 fully medicalSFoffice of a re •red opportunity for medical conversion or complete site drive-up parking. • $15.00/SF MLS# 30564411 •Waterloo Tobin* 1,800 ChrisLester Kolednik** in at the Waterloo facili es. ∙ Great Colin Opportunity Vogel*/Peterto get Benninger**/ ∙ P urpose built office building, Waterloo area, equipped exam on rooms, built recep TRANSPORTATION FORononSALE redevelopment for increased density. Good Exposure ErbTERMINAL St. Unitin features site ground level! Peter ManyBenninger**/Chris permitted Chris uses Kolednik** allowed - 890 ng room washrooms. in busy retail wai SFSF· at 30557318 ·· Kitchener a$18.50/SF ·· MLS: located Kolednik** 4SFprivate offices large open work or 18,000 · & 2.25 Ac and · Located $3,050,000 · MLS: 1,071 ·$1,890/Mth. MLS:30558620 Waterloo parking, plaza with space. a Shoppers Drug Mart. Roman Lester Tobin* Great Basement space behind grand river hospital unit divisible. Call or more in ormation! Main classroom Ginzburg* finished or pro essional office user, presents an oor opportunity in well known, award winning 30577766 · Guelph · Freestanding Truck Termi· MLS: 30551894 ·• Waterloo Waterloo More units available. Call today! Chris Kolednik** 1,957 SFSF· • $22.00/SF 30,359 1,363 SF Mezz. • $3,450,000 Chris Kolednik** High traffic intersection. Seconds away from ideal opportunity or medical conversion or 1,413 nal. Fully Fenced gates. Minutes Great Ac.(+/-) Opportunity to get in at the ground level! building. 5,652 SF · · $12.50/SF ·· MLS:30562379 ·· Kitchener SF $12.00/SFw/electronic MLS: 30516996 2.71 Professionally nished office space. 85. Colin Vogel* complete redevelopment increased density. Many permitted usessky-lighted allowed - unit divisible. Callskyfor Hwy New Building, High Sold Visibility, Free on-site Great Medical use. Gary Boudreau* 390 SF · $850/Mth. · MLS: or 30555731 · Kitchener rom location the 401.forBeing with MLS: 30573316. Unique design with hallway & many 13,600 SF ∙ $12.95/SF ∙ MLS:30569307 more information! Kolednik** Located directly John Hoffman ar o reau* Peterbehind Benninger**/Chris Kolednik** river hospital. Unit is parking.. Steve Gerakopulos* ve boardroom lights throughout. Features an execuChris 1,184 SF · $12.00/SF · grand MLS:30538511 · Kitchener 839 SF · $12.00/SF · MLS:KW1537515· Kitchener ∙ Office espace with large windows. Kitchener kitchene medical practitioner looking recep for short for catering, many smaller perfect w/adjoining Turn-keyfor doctors office. 5 exam rooms, on, Finished office great OFFICE SPACE FOR use. LEASE for medical & service low 3,436 exposure SF · $26.00/SF MLS: 30554611 · &Waterloo Call &∙forstorage. info! PROFESSIONAL 390 SFoccupancy. MLS:more 30555731 High street·es,rontage. High Exposure in term change room shower boardrooms/kitchene e,∙ 2 $850/Mth. washrooms Centrally kitchene ∙ Kitchener Exclusive 10-20,000 SF ∙ $4.41/SF 1,800 SF • $15.00/SF 30564411 common fees, on • MLS# transit route,∙ •Waterloo exis ng Chris Kolednik** Former bar/night club in University District. On-site facili es.corridor. Colin Vogel*/Peter Benninger**/ located hi-tech Steve Gerakopulos* ∙ Located directlyalbehind grandcounts river tenants Kitchener in high density residen area. Traffic on Erb St. Unit features site include 13’ Short Stop, KW Gaming, Curves, CeilingExposure height clear.(2) 8’x8’ loadingon dock drive-up parking. High exposure, traffic. over 41,000 cars. Strong tenant support, Shoppers Good Chrishigh Kolednik** hospital. is per ect or medical practitioner 4conveyor, private and large open work or abank & more. offices Gary Boudreau* Sco 1,071 SF · Unit $18.50/SF · MLS:30558620 · Waterloo parking, doors elevator, alarm system, Lester Tobin* Drug abank, Swiss Chalet and Mart, Dollarama, Sco 30,359 SF +1,363 SF Mezz.∙$3,450,000 Main Roman Ginzburg* lookingoor opportunity or short term award occupancy. in well known, winning classroom space. 1,957 SF · $22.00/SF · MLS: 30551894 · Waterloo many more. Lester Tobin* surveillance system, sprinklers, washrooms. away from MLS#30582126 Ac.(+/-) Chris Kolednik** 752 SFOpportunity - 26,000 ∙SF · From · level! MLS: building. High traffic intersection. Seconds Great toWaterloo get in at $18.00/SF the∙2.71 ground 1,413 SF · $12.00/SF · MLS: 30516996 · Kitchener Lester Tobin* 85. Colin Vogel* I N D U S T R I A L / WA R E H O U S E Pro essionally office- unit space. Unique de30529258/30529248/30529120 · Breslau ·CallNew Many permittedfinished uses allowed divisible. for Hwy 1,900 SF • $19.25/SF • MLS# 30543088 Great location for Medical use. Gary Boudreau* Retail Development in hallway a growing,&underserviced area. Waterloo 1,071 SF• Prime ∙ $18.50/SF ∙ MLS:30558620 more information! Chris Kolednik** sign w/sky-lighted many skylights retail/Salon space in a very busy O R L ·E AMLS:KW1537515· S E / S A L E Kitchener SF · $12.00/SF · MLS:30538511 · Kitchener 839 SF · F Variety of Uses permi ed. Pad site with drive-thru is 1,184 neighbourhood Zoning allows many uses, the 9,360 SF$12.00/SF ∙ plaza. Main opportunity in well Waterloodoctors ∙ ∙ $6.50/SF ∙ MLS: 30501592 throughout. Turn-key office. 5oor exam rooms, recep on, Finished office great for medical & service use. low available. James Boudreau**/ Gary Boudreau* unit is set award up for a salon. Roman Ginzburg* 3,436 SF · $26.00/SF · MLS: 30554611 · Waterloo kitchene known, winning building. High traffic Kitchener ∙ 7,699 s 16 dock shipping area. e, 2 washrooms & storage. Centrally ng common fees, on transit route, exis Former bar/night club in University District. On-site located 16,217 SF · w/drivers $875,000area, · MLS:doors, 30552428 intersection. Seconds awayal·area. romTraffic Hwycounts 85.· tenants in highSPACE density residen 1,661 s include office bright Short Stop, KWnew Gaming, Curves, OFFICE AVAILABLE MLS 30551734 1,843 - parking. 5,947 SFHigh · $20.00/SF drive-up exposure, ·highKitchener traffic. AAA New Hamburg · Well located just off hwy 7, over 41,000 cars. Strong tenant support, Shoppers Colin Vogel* space! John Hoffman* abank & more. Gary Boudreau* Sco Colin Vogel* 114,033 SF · $11.50/SF · MLS:30505595/5597· New retail plaza Lester on Huron Rd. WATERLOO · Tobin* Drug Mart, Dollarama, Sco abank, Swiss Chalet and well built building on 2 acres of land. Chris Kolednik** with high Peter trafficBenninger**/ and exposure, ample on-site Beauti lly finis ed, ample parking, natural light Ceilings from 13’ - 18’ clear. John Hoffman* many Tobin* 1,184more. SF · $12.00/SF · Kitchener Divisible· Exclusive from Lester 21,000 SF. 30,000 SF on 6.82 Acres ∙ $1,499,000 ∙ drive-up Lester· Tobin* 752 SF -parking. 26,000 SF · From $18.00/SF MLS: throughout. I N D U S T R I A L / WA R E H ORd. U Lions SE James Boudreau** Turn-key doctors office. 5 exam rooms, 752 SF 26,000 SF ∙ From $18.00/SF ∙ MLS: 30529258/30529248/30529120 · Breslau · New 1,900 SF • $19.25/SF • MLS# 30543088 LIGHT ∙ 607WITHe Pike Bay EXPOSURE MLS:30574802 INDUSTRIAL RETAIL MLS: 30523827 · Kitchener 1,114 Development SF · $20.00/SF Retail in ·a growing, underserviced 30529258/30529248/30529120 ∙ Breslau ∙ area. New 532 Waterloo Prime retail/Salon space in a· very busy 15,520 SF · $5.50/SF · London · MLS: 30544783 SF · •$1,050/mth · MLS:30526564 Waterloo Head, FON. O R L∙ E A SPrevious E / S A L Euse was Last unit available exposure in centrally site with drive-thru is Newly Variety of Uses permiw/high neighbourhood plaza. Zoning allows manyoor uses, the Corner property High with Power high traffic. Zoning permits Retail Development ined.aupPad growing, underserviced renovated, nished office on 2nd in well man acturing. Available. High Ceillocated retail plaza.James DriveBoudreau**/ unit on high rd. in unit is set up for a salon. available. Garytraffic Boudreau* Roman Ginzburg* many uses. Ample on-site parking. Lester Tobin* known, award counts winning over building avail. cars. for sublease. area. Traffic 41,000 Strong ings. Google Address or Marketing Video. high density residen al area. Traffic counts over Large windows, plenty Shoppers of natural light. High Mart, traffic 16,217 SF · $875,000 · MLS: 30552428 tenant support, Drug drive-thru isStrong available. James Shoppers Boudreau**/ 40,184 cars. support. Drug AAA OFFICE SPACEalmost AVAILABLE Eric ·Frey* 1,843 - 5,947 SFtenant · $20.00/SF · Kitchener 7,909 Hamburg SF · $5.25/SF MLS: 30555069 Ayr on sees 40,000· MLS cars 30551734 daily. 24/7· New intersec · Well ·located just off hwy 7, abank, Swiss Chalet and many Mart, Dollarama, Sco New Gary Boudreau* WATERLOOreader · 114,033 SF · $11.50/SF MLS:30505595/5597· retail plaza on Huron Rd. electronic board on University Ave. Ideal for· well Secondsbuilt to hwy #401. Good clean industrial building on 2 acres of space. land. more. Lester Tobin* more. Lester Tobin* Beauti lly finis ed, ample parking, natural light with high traffic and exposure, ample on-site professional office or personal services. Colin Vogel* Ceilings 11,000 from SF 13’ + James SF Bungalow House ∙ Boudreau**/Gary -1,850 18’ clear. JohnBoudreau* Hoffman* Divisible from 21,000 SF. drive-up SFparking. Tobin* throughout. 1,900 ∙ $19.25/SF ∙ MLS#Lester 30543088 $899,000 ∙ 117 East Rd. Lions Head, ON. MLS: * Sales Representa ve James Boudreau** www.coldwellbankercommercial.ca Sales Representative Waterloo ∙ Prime retail/Salon space in a very 1,197 SF ∙ $14.00/SF ∙ MLS: 30558849 ∙ LIGHT INDUSTRIAL WITH RETAIL EXPOSURE 30574746 ∙ *Many uses permitted. Possible 1,114 SF · $20.00/SF · MLS: 30523827 · Kitchener Waterloo ∙ Located in corner building at King St Email : Commercial@coldwellbankerpbr.com ** Broker SF · $5.50/SF · London · ** MLS: 30544783 532 SF · $1,050/mth · MLS:30526564 · Waterloo 15,520 Broker busy neighbourhood plaza. Zoning allows many Last unit available w/high exposure in centrally ronting on Erb St. Ample parking nearby. Medical Grow Op. Youtube: Property Address with high traffic. Zoning permits Newly renovated, nished office on 2nd oor in well Corner uses, the plaza. unit Drive is set upon high or traffic a salon. or arproperty eting Video. Eric Frey* located retail up unit rd. in known, award winning building avail.Lester for sublease. Tobin* many uses. Ample on-site parking. Lester Tobin* Romancounts Ginzburg* over high density residen al area. Traffic Large windows, plenty of natural light. High traffic 40,184 cars. Strong tenant support. Shoppers Drug intersec on sees almost 40,000 cars daily. 24/7 7,909 SF · $5.25/SF · MLS: 30555069 · Ayr Mart, Dollarama, Sco abank, Swiss Chalet and many www.coldwellbankercommercial.ca electronic reader board on University Ave. Ideal for Seconds to hwy* #401. Good clean industrial space. Sales Representative more. Lester Tobin* professional office or personal services. Colin Vogel* James Boudreau**/Gary Boudreau*

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

Email : Commercial@coldwellbankerpbr.com ** Broker

* Sales Representa ve www.coldwellbankercommercial.ca Email : Commercial@coldwellbankerpbr.com ** Broker 8331512_3517

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** Broker

* Sales Representative ** Broker


9

Commercial Real Estate & Business Opportunities

Kitchener/Waterloo Guelph & Cambridge

Volume 17 Issue 09

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

PHONE: 519-743-5211

10-20,000 SF · $4.41/SF · Kitchener · MLS: 30512810 4,393 SF · $359,000 · MLS:30546489 · Kitchener LAND FOR SALE Ceiling height 13’ clear . (2) 8’ x 8’ loading dock doors Established franchise available in high traffic COLDWELL BANKER COMMERCIAL conveyor, elevator, alarm system, surveillance Approx. 217 Acres ∙ EXCLUSIVE ∙ Waterloo location great tenant support. 160 seats. Full ∙ MLS:30539427∙Waterloo 3,500 SFwith ∙ $199,000 system, sprinklers, washrooms. Lester Tobin* 7.4BROKERAGE available. Lester Tobin* PETER BENNINGER REALTY, Acres · EXCLUSIVE Prime location in Waterloo’s University District. Region ∙ Currently Being Farmed. · CallWaterloo for info training Large scale redevelopment opportunityVogel* with Liquor license for 15 people. High Income/High pkg! Peter Benninger**/Colin 508 RIVERBEND DRIVE, KITCHENER, ON. income over $800 k. Close to both 3,500 SF · $199,000 · MLS:30539427· Waterloo 9,360 SF · $6.50/SF · MLS: 30501592 · Kitchener current annual Sales and low rent. Lester Tobin* 7,699 sf 16 dock shipping area. 1,661 sf office Universities. Bill Halpenny* Prime location in Waterloo’s University District. PHONE: 519-743-5211 w/drivers area, new doors, bright space! 6.60 Ac. (+/-) Commercial/Retail ∙ Exclusive Liquor license for 15 people. High Income/High Sales 4,000 SF divisible ∙ MLS 30590407 ∙ Cambridge rent. BUSINESS FOR SALE ∙Lester Tobin* CARlow WASH EXCLUSIVE John Hoffman* 66.58 Tremendous Opportunity on major arterial and Ac.· $2,200,000· EXCLUSIVE · Cambridge

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

$10-20,000 6.50/SFSF Gross for total space or price30512810 per unit Under change to · $4.41/SF · Kitchener · MLS: road. consideration in LanA N established environment. D toF O Rurban SOP A Ldesignation E 30,400 SF Divisible · 3.09 Ac.to Peter Benninger** Ceiling height 13’ clear . ·(2)$3,400,000 8’ loading dock (3 units) as8’ xsmall as| $10.00/SF 1,200doors SF. industrial. MLS: 30525493/30525439 · Cambridge ·surveillance New finish conveyor, elevator, alarm system, Warehousing/Service Bays/Light Manufacturing. close Highway E V E L Oproximity P M E N T toL A Nthe D FOR S A7/8. LE to food sprinklers, grade, insulated panels, some equipment, system, washrooms. Lester Tobin* D 7.4 Acres · EXCLUSIVE ·Benninger** Waterloo Steve Gerakopulos* 30506497/30506504 spiral freezer,4 docks Room to expand. 3 . 5 8 A c . · $875,000 · MLS : Peter John· Hoffman* 9,360 SF · $6.50/SF · MLS: 30501592 Kitchener 7,699 sf 16 dock shipping area. 1,661 sf office w/drivers area, new doors, bright space! I N V E S T M E N T F O RJohnSHoffman* ALE

INVESTMENT FOR SALE

STUDENT RENTAL/ RE-DEVELOPMENT 30,400 SF · 3.09 Ac. · $3,400,000 | $10.00/SF MLS: 30525493/30525439 · Cambridge · New∙ finish $685,000 ∙ Waterloo 30564031 0.15 STUDENT RENTAL/∙ MLS: RE-DEVELOPMENT to food∙ grade, insulated panels, $685,000 · building MLS: 30564031 · equipment, 0.15 Acres 4· Waterloo bedroom ∙some Prime student Acres spiral freezer,4 docks Room rental to location. expand. 4 bedroom building · Prime student rental location. Ideal student re-development John Hoffman*4 Ideal student re-development site. Currently site. Currently 4 bedroom (student) rental bedroom (student) rental property. property. Lester Tobin* Lester Tobin*

INVESTMENT FOR SALE

MLS:SF 30552610 $ 4 , 230589310 5 0 , 0 0 0 ∙· Waterloo Listowel 975 ∙ $385,000 ·∙ MLS: Located in Opportunity South Western this European Fantastic forOntario, the savvy business owned motel for the last 30+RE-DEVELOPMENT years offers four STUDENT RENTAL/ investor. HANDS OFF Investment Opportunity. seasons of· Waterloo business ·with consistent income year $685,000 MLS:your 30564031 · 0.15 from. Acres Great space to run business round. Call for more details! 4 bedroom building · Prime student rental location. Chris ChrisKolednik** Kolednik**

Brantford ∙ Full service, fully automated car 4,393 SF · $359,000 · MLS:30546489 · Kitchener EXCLUSIVE CAR WASH BUSINESS FOR SALEin · high Established available traffic wash in majorfranchise traffic area. Lester Tobin* Brantford · Full service, fully automated car wash in location with great tenant support. 160 seats. Full major area. Lester trainingtraffic available. Lester Tobin* Tobin* 1,549 SF ∙ $139,000 ∙ MLS:30514064 ∙

Large scale redevelopment opportunity with 1,549 Take out and delivery chicken wing · MLS:30514064 · Waterloo SF · ∙$139,000 Conestogo · Backs onto forested area. Excellent Waterloo current annual income over $800 k. Close to both 3,500 SF · $199,000 · MLS:30539427· Waterloo Take outlocation and delivery chicken wing franchise located franchise located in Waterloo’s University re- development opportunity. James Boudreau** Prime in Waterloo’s University District. Universities. Bill Halpenny* in Waterloo’s University District. Fullprovided. training District. training Liquor license forFull 15 people. High Income/High Sales 6.60 Ac. (+/-) Commercial/Retail · 2.94 Ac. provided. Lester Tobin* LesterTobin* Tobin* Lester 66.58 Ac.· $2,200,000· EXCLUSIVE · Cambridge and low rent. (+/-)Residential· $1,000,000 Per Acre · Exclusive Under consideration to change OP designation to Tremendous Opportunity on major arterial road. 1,280 · MLS: 30554091 Kitchener SF · $89,000 CAR WASH BUSINESS SALE · · EXCLUSIVE industrial. Peter Benninger** TRANSPORTATION BUSINESS SALE Well 1,280established SF ∙ $89,000 ∙ FOR EXCLUSIVE ∙ Kitchener Considerable exposure along Ottawa FOR St. Concepts business the 1970’s. High Brantford · Full service, fullysince automated car wash in $1,350,000 · MLS 140 30573316 · Guelph · Long income-high Well established since. Owner the Lester 1970’s. High for stacked willTobin* train. sales.business No franchise traffic area. D E Vres E Lportion O P M E incl. NT LA N D town F O RhomesS AorL Ea major 134 retirement homes or aCarrier 134 unit years · inMLS business) and income-high sales. No franchise.Lester Owner will Tobin* 3Standing . 5 8 unit A c . ·(29 $875,000 : 30506497/30506504 retirement Benninger** equipment.·facility. Minutes the Peter 401. Sold 1,549 train. SF · $139,000 · MLS:30514064 Lester Tobin* · Waterloo Conestogo Backs ontofrom forested area.Being Excellent Hot out Pot Restaurant Waterloo and delivery chickenFor wing Sale franchise located withdevelopment MLS 30577766. Steve Gerakopulos* reopportunity. James Boudreau** Take HIGH DENSITY MIXED USE DEVELOPMENT $88,000 · 4,550 SF · MLS: 30558858 ·training Stylish in Waterloo’s University District. Full HOT POT RESTAURANT FOR SALE WATERLOO 3.25 Ac · $4,250,000 · EXCLUSIVE · Kitchener underground restaurant in Uptown. No franchise. 6.60 Ac. (+/-) Commercial/Retail ·FOR 2.94 SALE Ac. provided. Lester· Tobin* BANQUET HALL/ RESTAURANT $88,000 · 4,550 SF · MLS: 30558858 Stylish Frontage on 2 major streets at the gateway to Located in hotel. Great tenant support. (+/-)Residential· $1,000,000 Per Acre · Exclusive MLS: to 30584493∙ 8,000 SF,4.3 Ac ∙ $2,100,000 downtown Kitchener. Excellent ∙access Hwy 401 underground restaurant in Uptown. No Lester Tobin* Tremendous Opportunity on major arterial road. 1,280 SF · $89,000 · MLS: 30554091 · Kitchener via Hwy 8 ∙Directly on proposed light torailbuilding transit franchise. Extensive renovations St Jacobs Located in since hotel.theGreat Considerable exposure along Ottawa St. Concepts Well established business 1970’s.tenant High route. Peter Benninger**/Colin Vogel* andres grounds. equipsupport. sales. No franchise. Owner Lester Tobin* for portion Includes incl. 140 furniture/cooking stacked town homes or a income-high will train. ment. Site includes a freestanding home 134 unit retirement or a· 134 unit For Commercial Real Estate Lester Tobin* Approx. 217 Acres · homes EXCLUSIVE Waterloo retirement facility.Being Farmed. Peter Benninger** (included). Steve Gerakopulos* Solutions in Canada's Technology Call for info pkg! Region · Currently Pot Restaurant Sale Waterloo contact anyFor one of our sales Peter Benninger**/Colin Vogel* Hot Triangle, Commercial Real Estate HIGH DENSITY MIXED USE DEVELOPMENT $88,000 For · 4,550 SF or · MLS: 30558858 · Stylish 2,200 SF ∙ $89,000 ∙ MLS:30551440 ∙ Waterloo representatives, call 519-743-5211. 3.25 Ac · $4,250,000 · EXCLUSIVE · Kitchener underground Solutions in Canada's Technology restaurant in Uptown. No franchise. Established since 1985, located Frontage 2 major at in theuptown gatewaycore to LocatedTriangle, in hotel. Great tenant support. contact any one of our UonKitchener. Sfrom I N Eparking S Excellent Sstreets Fand OR S ALRT L Estation. steps B away new downtown access to Hwy 401 Ext.Lester 3000Tobin* Peter Benninger** sales representatives, via Hwylicense. 8 Directly on proposed light rail Tobin* transit Liquor Lester or call* 519-743-5211 route. Peter Benninger**/Colin Vogel* Ext. 3029 Gary Boudreau 2,200 SF · $89,000 · MLS:30551440· Waterloo 4,437 SF217∙ $399,000 ∙ MLS: 30576706 ∙ For Commercial Real Estate Ext. 3020 James Boudreau ** Approx. Acres · EXCLUSIVE · Waterloo Established since 1985, located in uptown core steps ∙ Being Established since 1996, many Waterloo Peter Benninger** Ext. 3000 Solutions in Canada's Technology Call for infoLiquor pkg! Region · Currently away from parking and Farmed. new LRT station. Ext. 3106 Mike Flynn contact * locations throughout Family style resTriangle, any one of our sales PeterOntario. Benninger**/Colin Vogel* Lester Tobin* license.

BUSINESS FOR SALE

Ideal student re-development site. Currently 4 bedroom (student) rental property. COMMERCIAL R E T A I L O RINVESTMENT/RE-DEVELOPMENT R E D E V E L O P M ELester N T Tobin* SITE Land: .1452 Ac. Buildings: 4,685 SF · Kitchener · MLS: 1,586 SF/0.12 Acres ∙ Exclusive ∙ $899,000 30555816 · $1,999,900 · Bundle of 3 properties being MLS: 30552610 · $High 4 , 2 5Profile 0 , 0 0 0Location. · Listowel Kitchener Unique sold as one∙ in the Downtown Core. Current CorNet Located in South Western Ontario, this European ner Lot $72,391.00 beside farmers LesterredevelTobin* Income: Call formarket. details! Great owned motel for the last 30+ years offers four opment site,business parkingwith lot, etc. Tobin* seasons of consistentLester income year R ETAIL O R R Efor D E V E L Omore P M E N T details! SITE round. Call 1,586 SF/0.12 Acres · MLS:30547706 · $899,000 Chris Kolednik** INVESTMENT / OWNER-USER PROPERTY Kitchener · Unique High Profile Location. Corner Lot 4,982 SF ∙ $1,562,500 ∙ Waterloo ∙ EXCLUSIVE beside farmers market. Great redevelopment site, taurant with liquor license and seating for 160 + COMMERCIAL INVESTMENT/RE-DEVELOPMENT Three retail units 2 bedroom apartment . & one4,685 Lester Tobin* parking lot,Ac. etc Land: .1452 Buildings: SF · Kitchener · MLS: 4,437 · Waterloo · $450,000 · MLS: 30516625 50 on SF patio. Lester Tobin* property LRT being line. Established w/loft. 30555816Corner · $1,999,900 · Bundleon of 3new properties since 1996, many locations throughout Parking on-site ample Core. parking nearby. sold as one in the Downtown Current Net Ontario. Family style restaurant with liquor license INVESTMENT / and OWNER-USER PROPERTY SEAFOOD RESTAURANT FOR SALE Lester Tobin* and seating for 160 + 50 on patio. Lester Tobin* Income:SF$72,391.00 Call for details! Lester 4,982 · $1,562,500 · Waterloo · EXCLUSIVE Tobin* 2,419 SF ∙$550,000 ∙ MLS: 30539874 ∙ Kitchener Three retail units & one 2 bedroom apartment 2,200 SF · $89,000 · MLS:30551440· Waterloo business. Sellers after w/loft. line. SProfitable E A F O O D since R1985, E S T Alocated U R A N Tinretiring F O R core Ssteps A L20 E R E T A I LCorner O Rproperty R E D on E V Enew L O PLRT MEN T Parking S I T E Established uptown successful years! equipment Lease 2,419 SF · $550,000 · MLS: 30539874 · Kitchener 1,586 · MLS:30547706 and Acresample parking · $899,000 nearby. away on-site SF/0.12 from parkingAlland new LRTincluded. station. Liquor business. Sellers retiring after 20 Lester Tobin* Kitchener · Unique High Profile Location. Corner Lot Profitable is renewable. GaryLester Boudreau*/ Tobin* license. included. Lease is beside farmers market. Great redevelopment site, successful years! All equipment James Boudreau** Gary Boudreau*/ James Boudreau** Lester Tobin* renewable. parking lot, etc. MIXED 975 SF DENSITY · $385,000 · MLS: 30560590 · Waterloo · MLS: 30516625 · Waterloo 4,437 SF · $450,000 HIGH USE DEVELOPMENT Fantastic Opportunity ∙ for the savvy business Established since 1996, many locations throughout 3.25 Ac ∙ $4,250,000 EXCLUSIVE ∙ Kitchener 2,548 SF ∙ $249,000 ∙ MLS:30545077∙ Kitchener $249,000 · MLS:30545077· Kitchener 2,548 SF · investor. HANDS /OFF Investment Opportunity. Great Ontario. Family style restaurant with liquor INVESTMENT OWNER-USER PROPERTY license Frontage on 2 major streets at the gateway to Elegant casual restaurant located in Elegant casual restaurant located in Sportsworld space SF to· $1,562,500 run your business from. and seating for 160 + 50 on patio. Lester Tobin* 4,982 · Waterloo · EXCLUSIVE downtown Kitchener. Excellent access to Hwy Sportsworld Crossing. High traffic, high Chris Kolednik** Three retail units & one 2 bedroom apartment Crossing. High traffic, high exposure. Lester Tobin* 401 viaCorner Hwy 8property Directlyononnew proposed rail Sexposure. w/loft. LRT line.light Parking EAFOOD RESTAURANT FLester O R Tobin* SALE transit Peter Benninger**/Colin Vogel*. 2,419 SF · $550,000 · MLS: 30539874 · Kitchener andRepresenta ample parking nearby on-site * route. Sales ve www.coldwellbankercommercial.ca 4,393 SF business. ∙ $359,000 MLS:30546489 Sellers∙ retiring after 20∙ Lester Tobin* Profitable Email : Commercial@coldwellbankerpbr.com ** Broker All equipment included. Lease in is ∙ Established franchise available Kitchener years! 66.58 Ac.∙ $2,250,000∙ EXCLUSIVE ∙ Cambridge successful Gary Boudreau*/ Boudreau** 975 SF · $385,000 · MLS: 30560590 · Waterloo renewable. high traffic location with greatJames tenant support.

BUSINESS FOR SALE

LAND FOR SALE

Under consideration to change OP designation Fantastic Opportunity for the savvy business 160 seats. Full training available. Lester Tobin* to industrial. Peter Benninger** investor. HANDS OFF Investment Opportunity. Great 2,548 SF · $249,000 · MLS:30545077· Kitchener space to run your business from. Elegant casual restaurant located in Sportsworld www.coldwellbankercommercial.ca Chris Kolednik** Crossing. High traffic, high exposure. Lester Tobin*

Email : Commercial@coldwellbankerpbr.com ** Broker

* Sales Representa ve www.coldwellbankercommercial.ca Email : Commercial@coldwellbankerpbr.com ** Broker 8171433_3517

Please say you saw it in The Commercial Investor

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

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

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

John EricHoffman* Reiner*

Ext. 3040

Ext. 2099 * Sales Representative Ext. ** 3106 Broker Ext. 3023

Chris Kolednik** Lester Tobin* Eric Reiner*

Ext. 2099

Lester Tobin*

Ext. 3023

Harmony Voisin*

Harmony Voisin* * Sales

Ext. 3117

Ext. 3117 Representative ** Broker

* Sales Representative ** Broker


10

Volume 17 Issue 09

Commercial Real Estate & Business Opportunities

Kitchener/Waterloo Guelph & Cambridge

519.742.7000 www.coupalmarkou.com

SALE

48 KING STREET EAST, COLBORNE

SALE

• Business Opportunity • Successful, high profit, licensed pizza restaurant • 2,100 sq ft • $600,000 MLS

3117_DJW_0027

SALE

138 BLEAMS ROAD, KITCHENER

SALE

MLS

3517_DJW_0015

MLS

154 SHELDON ROAD, CAMBRIDGE

29 KING STREET EAST, KITCHENER

MLS

1917_DJW_1_0060

SALE

3840 HOWARD AVENUE, WINDSOR

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

1677 SYNDERS ROAD EAST, PETERSBURG

WATERLOO, ONTARIO

• Investment Opportunity • Multi-tenant retail/office plaza • Ideal for medical clinic; owner/user • 12,618 sq ft

MLS

2317_DJW_0031

SALE

SALE

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

• Investment Opportunity • Mixed Use building with over 90 ft frontage on King St E • 28,522 sq ft on 0.32 acres • $3,860,000

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

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

SALE

• Prime development site • 220 feet frontage with existing house & outbuilding • 3.4 acres • $1,500,000 3517_DJW_0016

287-297 KING STREET EAST, KITCHENER

1917_DJW_2_0039

EXCLUSIVE

EXCLUSIVE

SALE

465 PHILLIP STREET, WATERLOO

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

MLS

2717_DJW_0019

Christopher Coupal

John Markou

Theo Papadopoulos

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

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

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

CONNECT

11289418_3517

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


11

Commercial Real Estate & Business Opportunities

519.742.7000 www.coupalmarkou.com

SALE

BUSINESS OPPORTUNITY, WATERLOO

SALE

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

MLS

1917_DJW_3_0031

LEASE

120-122 KING STREET NORTH, WATERLOO

• Prime Uptown Waterloo office space located across from "The Shops of Waterloo Town Square" • LRT runs directly in front of your door • 2,629 sq. ft. • $28.00/sq ft Net 1917_DJW_2_0051

LEASE

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

LEASE

#2-372 KING STREET NORTH, WATERLOO

25 INDUSTRIAL DRIVE, ELMIRA

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

KITCHENER, ONTARIO

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

#2 - 373 BRIDGE ST W, KITCHENER

94 WELLINGTON ROAD 6, ELORA

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

1917_DJW_3_0050

LEASE

370 EASTBRIDGE BLVD. WATERLOO

• Clean plaza in the East End of Waterloo • Busy location with great exposure on Bridge Street West & Eastbridge Boulevard • 795 sq ft • $20.50/sq ft Net

• Retail unit with excellent visibility fronting Bridge St W • High vehicle and pedestrian traffic • 1,115 sq ft • $20.00/sq ft Net 1917_DJW_5_0021

MLS

LEASE

MLS

1917_DJW_1_0049

LEASE

SALE

MLS

3117_DJW_0028

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

EXCLUSIVE

1917_DJW_2_0033

3-368 QUEEN STREET WEST, CAMBRIDGE

MLS

MLS

1917_DJW_1_0065

Christopher Coupal

John Markou

Theo Papadopoulos

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

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

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

CONNECT

11287245_3517

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

Please say you saw it in The Commercial Investor

Kitchener/Waterloo Guelph & Cambridge

Volume 17 Issue 09


SOUTHWESTERN ONTARIO

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

SOUTHWESTERN ONTARIO SECTION COVERING: Brantford Chatham Grey & Bruce Counties

Ingersoll London Owen Sound Sarnia Simcoe Stratford

St. Thomas Tillsonburg Windsor Woodstock

For advertising

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

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

NewSectionPages_FullColor2015.indd 4

2015-03-19 3:47 PM


3:47 PM

13

Commercial Real Estate & Business Opportunities 11241815_3517

Sutton - Huron Shores Realty Inc. Brokerage Independently Owned and Operated 606 Goderich St., Port Elgin, ON N0H 2C0

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

Doug Kaitlyn Freiburger Shular Sales Rep.

Sales Rep.

LOCATED IN THE CENTRE OF PORT ELGIN

583 Catherine St., Port Elgin $499,999

11315299_3517

Seasonal Business & Cottage/Home $649,000

MLS 410254001001100

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

203 & 207 Third Avenue S., Sauble Beach

The 5 star Putterama Mini Golf & adjoining cottage offer an opportunity to make a substantial income in a 4 month span. Putterama has been a consistently steady income producer at Sauble Beach since 1965. The present owners have constantly improved the property over the last 12 years which can be seen in the steady increase in income from the miniature golf & cottage rental. The winterized cottage is set on a large private lot & has been fully rented by the week over the summer season. Continue renting it or move in and use it as your cottage or year round home. 3517_DJW_0009

1917_DJW_3_0041

PRIME HWY COMMERCIAL

3517_DJW_0010

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

READY FOR A BUSINESS ADVENTURE? $795,000

tours.photolink.ca/613087

877 Berford St., Wiarton

This is your opportunity to own & operate a thriving motel/retail business known as the "The Spirit Rock Outpost & Lodge"! Featuring 11 unit motel/lodge that has been updated, a retail store/outpost that sells a wide range of products & a 3 BR owner's residence. Situated on 1.58 acres with 398' frontage on Hwy 6. 3517_DJW_0011 3517_DJW_0012

5097 Hwy. 21, Port Elgin $564,500

1917_DJW_1_0042

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

John Metcalfe

Sales Representative

cell 519.881.9676 john.metcalfe@mcintee.ca

Walkerton, Ont. 519.881.2270

www.mcintee.ca

$575,000

$575,000

• Licenced 90 acre gravel pit, maps available. • Located just north of Lucknow. • Currently has approx. 22ac. gravel, 60ac. treed & 8ac. farmland.

3517_DJW_0001

$500,000

Top rated “The Old Garage Wood Fired Pizza” has seen incredible success in the 3 plus years of operating in Walkerton. Continued growth to date & known for hours in each direction as the place to go for great pizza, with new customers daily! Also featured on the CBC morning show. 3517_DJW_0002

$229,900

9.64 acres of prime development land within town limits of Lucknow. Possible uses: residential or commercial. Across road from proposed new Tim Hortons location.

Excellent investment property with the possibility of taking over a very busy home decor store. Includes 3 apartments, owner used one for personal residence. Plenty of areas are upgraded & the property shows great.

3517_DJW_0003

3517_DJW_0004

Please say you saw it in The Commercial Investor

Southwest Ontario

Brian Shular Broker of Record

9735771_3517

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Volume 17 Issue 09


trending

Small businesses concerned about potential changes to NAFTA: survey Importantly, one-in-three of the small businesses surveyed say that “favourable free trade agreements” influence their trade decisions. “Given their prominent role in the Canadian economy, small and medium sized business owners should have a big say in the future of NAFTA and any changes that may ensue,” Pohlmann said. RECOMMENDATIONS: On behalf of its members, CFIB has made the following recommendations for decision-makers to consider as part of the renegotiation of NAFTA: Movement of labour: Ensure that the free flow of labour remains an important component of NAFTA and work to improve and clarify labour mobility rules.

N

early one-third (28 per cent) of Canadian small businesses that trade with the United States and/or Mexico say that the potential renegotiation of the North American Free Trade Agreement (NAFTA) will alter their export and import plans, finds a new survey by the Canadian Federation of Independent Business (CFIB), Canada’s largest association of small and mediumsized businesses. The survey comes as the renegotiation of the three-nation trade deal begins in Washington D.C. “There is a real concern, among our membership, that any changes to NAFTA could have significant effects on their ability to sell goods and services abroad, on their cost of importing goods, and on their ability to pass savings on to consumers,” said Corinne Pohlmann, CFIB senior vice president of national affairs.“As the negotiations begin, we have to ensure that NAFTA creates even more, not less, business opportunities for Canadian firms.” Small and medium sized enterprises (SME’s) in Canada are key stakeholders in the tri-lateral pact which helps to facilitate approximately US$1 trillion in trade between Canada, the United States and Mexico. Data from Industry Canada shows that, of all the firms in Canada that export, over 90 per cent are considered small businesses.

SME chapter: Include a chapter specifically addressing the needs and particular challenges faced by SMEs involved in trade. Red-tape (non-tariff barriers): Include a chapter that focuses on simplifying rules with the aim of reducing the overall administrative burden for small businesses involved in trade. Trucking issues: Work to improve the speed at which trucks are able to cross the border. The importance of duty-free: Renegotiation of NAFTA must ensure that trade remain as duty-free as possible and that the current range of duty-free goods within North America remain as is or be expanded. Dispute resolution mechanisms: Review ways to improve current dispute resolution mechanisms to ensure equal treatment of all those involved and to guarantee that decisions will be respected by NAFTA members. CFIB will participate in government consultations to ensure that small business owners’ concerns are taken into account. Read the full report along with recommendations at cfib.ca The complete 2017 International Trade Survey consisted of responses from 4,399 CFIB members and included both members who did and members who did not trade with the US and/or Mexico. The survey was conducted online between May 15 and June 26, 2017. Results are statistically accurate within plus or minus 1.48 per cent, 19 times out of 20. CFIB is Canada’s largest association of small and medium-sized businesses with 109,000 members across every sector and region.


Volume 17 Issue 09

15

Southwest Ontario

Commercial Real Estate & Business Opportunities

11310678_3517

11314609_3517

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

JOHN DBROKERAGE IGNAN REAL ESTATE SALES REPRESENTATIVE

(519)

771-8577

ROKER

519-759-6800

(519)

65 GEORGE STREET

3517_DJW_0014

2717_DJW_0022

18 EASTON DRIVE

WNER

209-1543

$10.00 PER SQ. FT. Prime Industrial unit located in North-End near Lynden Road with easy access to Hwy 403. Ample parking available and M2 zone offers many uses. Vendor is currently rezoning property to C8. “Lease Rate to be negotiated”

2717_DJW_0023

$1,200 PER MONTH Located in downtown core, minutes from University Campus.

ING D PENFFER O

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

298 MURRAY STREET 1517_DJW_0041

34 WELLINGTON ST. 1517_DJW_2_0014

119 MARKET STREET EAST

$2,450,000 A beautiful 18,000 sq ft Church converted into a 44-room, fully-tenanted, largest independent dormitory, beside Wilfred Laurier’s Campus. Great investment opportunity, with a Cap rate of approx. 6.5%!

D L O S

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

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


Volume 17 Issue 09

Commercial Real Estate & Business Opportunities

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

UNIT 3 LONDON, ON

Southampton

Southwest Ontario

SALE | $269,900.00

2400 sf, built out as six nicely finished offices, kitchen/lunchroom, reception, boardroom.

Broker of Record

COUNTRY ESTATE LOT DEVELOPMENT $699,000

Own your office.

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

Office: 519-797-5500 Cell: 519-270-3055 e-mail: donamy@bmts.com www.southamptonhomes.ca

RESIDENTIAL DEVELOPMENT $499,000 LOT 20, CONCESSION 20., SAUBLE BEACH Excellent opportunity to develop new housing project as it is close to Sauble Beach & on the edge of existing Sauble development. A total of 95 acres; there is a conceptual plan for 69 estate size lots. Part of the area (Walker Way) is developed with water, individual septic, electric, gas, cable & telephone. 3117_DJW_0032

Well finished modern office space, minutes to 401 and 402.

Peter Mullins, CCIM

Sales Representative

peter@petermullinsrealty.com

LOT 1-2 CONC 22, DURHAM Unique development opportunity for estate homes on 105 acres. Close to Homestead Golf Resort and beautiful Wilder Lake in Durham. 8km from Durham and 98km from Guelph. 3117_DJW_0033

11318198_3517

11316777_3517

Brenda Johnston Centre City Realty Inc., Brokerage* *Independently Owned & Operated

Business: 519-633-1000

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

286 Bridge Street, Port Stanley

$619,000

8492999_3517

16

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

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


Volume 17 Issue 09

Commercial Real Estate & Business Opportunities

17

George Gicopoulos Sales Representative

519-852-4458

Cell

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

0317_DJW_0033

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

SOUTHWESTERN ONTARIO PROPERTY & BUSINESS $1,400,000

ST THOMAS – MIXED USE PROPERTY REDUCED TO $695,000 2317_DJW_0055

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

3517_DJW_0045

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

Great investment in very good condition with 5 residential units on the upper floors 2-1 bdrm, 2- Bachelor, 1-3 bedroom two-storey unit), with main floor commercial tenant. Main floor tenant- Beanery Café & Eatery has negotiated a new 10 year lease and recently spent a lot of money on renovations. Lease semi net at $3,000/month with an increase after 2 years. Building in good condition with many recent updates. A good solid investment with proven record and at 9% cap rate is hard to overlook.

MID WESTERN ONTARIO RESTAURANT/PUB $599,000

LONDON RESTAURANT / PUB $329,000

2317_DJW_0056

1 ½ hours west of the G.T.A. by the 401. Restaurant/Pub/Takeout and Delievery. Approx. 1.3 acres with free standing building and plenty of parking. Sales of Almost 2.5 M. Many recent updates, roof, parking, washrooms pizza ovens and much more.

Great Location, good long term lease. Nice patio. Over 5,000 sq ft on a busy road with plenty of onsight parking. Sales in the $1M range. Dry Cleaning/Laundry $195,000 with property

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

About 1560 sq ft condo property. Includes set up and all equipment and contracts (original set-up and equipment costs in the access of $200,000) Great opportunity for a entrepreneur!

Please say you saw it in The Commercial Investor

Southwest Ontario

11309382_3517

ggicopoulos@gmail.com


18

Volume 17 Issue 09

Commercial Real Estate & Business Opportunities

The Sale, Leasing & Management of Real Property

GRAND BEND, ONTARIO

Your nexthome is here!

SALE | $2,850,000.00 Southwest Ontario

2 minute walk to the beach!

Peter Mullins, CCIM Broker of Record

519.642.0200 200 Queens Ave. Suite 107, London, ON

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

One of the Best Corner Sites in SW Ontario!

Whether you’re renting or buying, finding your next home has never been so easy.

petermullinsrealty.com peter@petermullinsrealty.com 11281976_3517

ROY A. BOYES REAL ESTATE 519.397.0928 boyesre@gmail.com Retirement Home Esso Plaza Petro Gas Golf Golf Golf Retirement Home Retirement Home Plaza Funeral Home Campground Campground –T.P. Storage Gas Station Land

11253208_3517

50 Rooms, One Floor, Pristine $1.4M Store, 2 Rentals, Net $150K. Ask $1.1M Wash, Sub Shop, Net $250K. Ask $2M 18, Gross $1.1M. Ask $2.7M 9, Exec., House, Ask $1.1M 27, Gross $1.7M. Ask $3.5M. Partners 44 Beds, Gross $900K, Ask $2.7M 29 Beds, Special Needs, Ask $1.8M P.O.S. Kingston, 4 Units, Ask $900K Ask $1.2M. Active 150 Sites, Exec House, On Lake Erie, Ask $1.5M 275 Sites, On Lake, 10 % CAP, Ask $2.2M Gross $170K. Net $130K. Ask $1.3M Chatham, Mt. Forest, Strathroy, Sudbury

Please say you saw it in The Commercial Investor

New


Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

SECTION

HAMILTON

HAMILTON COVERING:

Grimsby Hamilton Haldimand Stoney Ancaster Caledonia Cayuga Creek Dundas Dunnville

For advertising

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

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

NewSectionPages_FullColor2015.indd 5

2015-03-19 3:47 PM


investorinsights

Outlook remains strong and stable despite recent policy changes Canadian economic outlook & market fundamentals

D

espite the strengthening economy driving a rise in interest rates and less accommodative monetary policy, investors in Canadian commercial real estate can expect more of the same strong performance, according to a new report issued by Morguard Corporation.

“After a second consecutive quarter of stronger than expected economic output, projected growth for 2017 has now surpassed 2016 levels, with signs pointing to an early winding down of global monetary stimulus,” said Keith Reading, director of research at Morguard. “Despite a perceived eagerness to raise interest rates, particularly in the United States, low inflation pressure should continue to act as a buffer against rapid monetary policy change in the near term.” In Canada, early estimates indicate that commercial real estate investment remained brisk during the second

quarter despite the spectre of rising interest rates. The office sector is expected to lead the way with $2.0 billion in closing volume, with the retail and industrial asset classes registering more than $1.0 billion each. “Demand for Canadian commercial real estate continues to outpace supply as Canada remains an attractive, stable option for investment,” said Reading. “While we anticipate that interest rates will continue to rise, the change will occur gradually and at levels that remain palatable for investors. There will be little variation in the strength of the Canadian property market in the near term.” The leasing sector also exhibited progress in the second quarter. Nationwide office vacancy rates remained low, powered by record-low vacancy in the Toronto downtown submarket and declining rates in Vancouver and Montreal. Robust office occupancy rates were tempered slightly by Calgary and Edmonton, who are still battling extended oil sector weakness. Similar trends were identified in the

industrial sector, with low national vacancy rates despite higher vacancies in the two Alberta population centres. In the Canadian housing market, recent policy changes began to produce the desired cooling effect. Total sales and average pricing both dipped during the quarter but there are indications that the respite might not last long. “Historically hot markets like British Columbia, Toronto and Montreal are already showing signs of reheating despite recent cooldown efforts,” said Reading. “Long-term, however, the cumulative effect of increasing interest rates should act as a buffer against future housing market imbalance.” The Second Quarter Update of the 2017 Economic Outlook and Market Fundamentals Research Report, released by Morguard Corporation, provides a detailed analysis of the 2017 real estate investment trends to watch in Canada. For more information and to read the full report, please visit morguard.com


Hamilton

232 GOVERNORS RD

21 JOHN ST S

FOR LEASE

FOR LEASE

2,757 SF of turn key restaurant space, with full kitchen, located at the corner of Spring Creek Plaza.

26,000 SF of prime office and restaurant space located directly beside the Royal Connaught.

55 OAKDALE AVE

69 JOHN ST S

FOR SALE

FOR LEASE

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

‘A’ class office space in downtown Hamilton. Only steps from the Royal Connaught and GO station.

ST CATHARINES, ONTARIO

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

HAMILTON, ONTARIO

HAMILTON, ONTARIO

11311315_3517

DUNDAS ONTARIO


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Volume 17 Issue 09

Commercial Real Estate & Business Opportunities

Hamilton

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Mazhar Roshan Sales Representative

905.929.9800 647.609.9463 905.574.6400

GTA Direct

BROKERAGE Office

SOLD

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

RE DU CE D

mazharroshan@sympatico.ca INVESTMENT PROPERTY $569,900

HomeLife Professionals Realty Inc.

Direct

Desirable West Mountain location. 3 Kitchens, 3 bathrooms, 3 Laundry rooms. 3 Separate entrances. Call for more details.

BUILD YOUR DREAM HOME $619,900 75’ x 150’ lot. Close to Hwy 403 and in the village of Ancaster. 3 Bedroom, 2 Bath House was rented for $2200/per month. Call for details.

2317_DJW_0048

2317_DJW_0049

HAMILTON $249,900

FOR LEASE $22.00 PSF

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

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

D E S A LE

1917_DJW_1_6622

“My Business is to Sell Your Business”

Please say you saw it in The Commercial Investor

1917_DJW_2_0050


Volume 17 Issue 09

23

Commercial Real Estate & Business Opportunities

8171399_3517

RE/MAX Escarpment Realty Inc Brokerage

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

2317_DJW_0063

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103 CEDAR DRIVE, TURKEY POINT $899,000 “Life-Style Change” invstmnt prop in resort town of Turkey Point. Aprx 2000sf comm/restaurant w/all equip est. over 40 yrs + aprx 1000sf yr rnd 3 bedrm cottage incs roof ’15. Sit. 0.33ac lot-directly across from renowned pub. sand beach. Over $40K spent on new roof/int. flooring ’17 3117_DJW_0016

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PR

N

372 NORFORK STREET SOUTH SIMCOE $699,000 Diverse 2.34ac Comm/Res property S. of Simcoe’s dwntwn core. Incs 1800sf retail store w/lrg street entry, 2 stry updtd vintage brck home (1937) nestled under mat. trees, 1450sf htd wrkshp w/bsmnt + 2 greenhouses. Shop/outbldngs/ greenhouses require some TLC - reflected in price. Ex. Investment! Att sch B/offers. AIA.

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

2317_DJW_0042

33 MAIN ST N, WATERFORD - $399,000 Turn-key restaurant/commercial building in the Heart of Waterford! Great exposure & curb appeal w/ ample parking! Many commercial uses w/ zoning. Includes all equipment & chattels. Updates - H/VAC, electrical, roof, kitchen, & more. Env study & P/L available upon request! A family friendly community! 1917_DJW_1_0055

2717_DJW_0020

20 ROBINSON STREET SIMCOE

$389,000

Investment Property loc. in Simcoe’s downtown core w/ ex. pedstrn/traffic exposure. Aprx. 7000sf Comm/Res. Blding-incs 2 Comm. Units (1 rented $1007 p/mnt), huge aprx. 3600sf 2nd flr ftrs 1580 sf hall w/14.6’ ceiling-ideal gallery/banquet hall/fitness centre, ktchn+2 bdrm unit. Zoned ”CBD”- allows for sev. uses.

3117_DJW_0017

78 MORLEY CRESCENT, HAMILTON - $450,000 Rare, profitable Hmltn Sign Manufacturing/Printing/Design/ Installation Business for sale! 7 employees operating daily business smoothly, Sign Business knowledge - NOT a prerequisite. See att. equipment sch. 5300 sf block building w/ compound available @ $2500/mth NET/NET/NET lease. P & L avail/serious Buyer's only!

1917_DJW_0019

4875 RAINHAM ROAD, SELKIRK $299,900 Dairy Freeze/Restaraunt business sit. 1.02ac, busy intersection, incs 2 Rd entries - 1 Conc. N of L.Erie - 40 mns/Hamilton. Incs 1000 block bldng, full bsmnt, stl roof, n/g furn/AC’10, well w/ Comm.UV syst ‘13 + all equip/see att. Sch, est. clientele since 1962. P&L avail/serious inquires only - VTB potential. Att sch B/offers. AIA.

2317_DJW_0040

2769 #3 HIGHWAY, JARVIS $185,000

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

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

Established, profitable Roto-Static Carpet+Upholstery Cleaning Business for sale! Incs name, website, clientele list, phone#, 2010 Dodge Van+supplies/equipment-(see Sch). Well trained employee potentially could stay. P&L avail. Servicing Hald/Norfolk. Become your own “BOSS”!

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

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

3517_DJW_0043

3517_DJW_0024

Please say you saw it in The Commercial Investor

1917_DJW_0020

Hamilton

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


24

Volume 17 Issue 09

10339498_3517

Commercial Real Estate & Business Opportunities FOR

FURTHER INFORMATION:

JOHN HRYCZYNSKI BROKER

(905) EMAIL:

COMMERCIAL REAL ESTATE

REAL ESTATE SALES AND LEASING SERVICES

A free standing commercial/residential building in prime West Hamilton location. Ideal owner/user property, live/work set up for a ground floor office, retail or restaurant use with a charming 2nd floor 1 bedroom suite having a large open living area with open kitchen & 4-pce bath. Building is in good condition and has a large usable basement and 3 car parking on 36' x 95' lot. Reduced to sell at $659,900.

NEAR GERNEAL HOSPITAL Prime exposure for this freestanding office building with loads of parking (20-30) and located next to the expanding General Hospital. Existing office space fully demised and in good condition. Ideal for most office uses, close proximity to the Hospital, waterfront, harbor & industrial areas. Call LA for details.

OFFICE BUILDING FOR LEASE

NEW RETAIL PLAZA FOR LEASE

3517_DJW_0050

1917_DJW_1_0069

OFFICE & RETAIL FOR LEASE 1917_DJW_1_0061

Hamilton

A solid investment, single AAA Canadian Chartered Bank Tenant, net income, carefree to the owner. Long term lease with renewal options. Freestanding building with ample parking, prime corner location on 2 major roads in thriving community. Long term lease with renewal options. Net rent approx. $204,672/yr. Principals only. Call LA for details.

OFFICE BUILDING FOR LEASE 3517_DJW_0049

FREE STANDING BUILDING FOR SALE

SOUTHERN ONTARIO

1917_DJW_0074

INVESTMENT PROPERTY FOR SALE

JOHN@BBSREALTY.COM

WWW.BBSREALTY.COM

REAL ESTATE BROKERAGE COMMERCIAL

529-5900 X 240

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

DOWTOWN HAMILTON Spectacular office building renovated with quality materials to create an upscale office space. Prime downtown location part of a prestigious downtown professional office block. Top floor ready to finish for additional usable space. Ideal for high end professional office use, previously a mediation office ideal for same or most other professional office uses. Unit size is 4,973 sf, asking $18.95/sf net.

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

businessbarometer

Business Barometer:

Confidence remains stalled

C

anada’s small business optimism failed to pick itself up in July, slipping 0.2 points to 60.7, according to the Canadian Federation of Independent Business (CFIB)’s Business Barometer.

“Below par results in Ontario are continuing to weigh down crosscountry confidence,”said Ted Mallett, CFIB Chief Economist.“We also saw small declines across western Canada which muted stronger results in Manitoba, Quebec and the Atlantic region. Overall the results are mediocre by historical standards, but in line with the sentiment we’ve seen over the last half of last year.” British Columbia (65.9) Alberta (57.3) and Saskatchewan (50.0) saw confidence fall. Ontario (59.5) recovered a point and a half after its 10 point plummet last month. Manitoba (68.9)’s confidence increased to reach a five-year high. Quebec (68.9) saw a three point gain, while PEI (73.8) leapt six points to top spot in the country. Nova Scotia (66.9) confidence increased by three points, and New Brunswick (63.9) held steady. Optimism remains subdued in Newfoundland and Labrador (51.8), it’s no longer the lowest in the country.

The strongest industry results came from health and professional services, as well as manufacturing and whole sale sector businesses, each with index levels above the 65 mark. Financial and real estate services took a five point hit, likely as a result of cooling measures in the housing market. Their index remains solid at 64.4. Agriculture, natural resources and retail sectors saw the biggest falls, each sitting barely above the 50.0 mark. 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. July 2017 findings are based on 710 responses, collected from a stratified random sample of CFIB members, to a controlled-access web survey. Data reflect responses received through July 18. Findings are statistically accurate to +/- 3.7 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. For more information visit cfib.ca.

Please say you saw it in The Commercial Investor


25

Commercial Real Estate & Business Opportunities

Main St. E. Hamilton

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

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

8415 SQ FT SUB LEASE 3117_DJW_0029

COMING SOON MOHAWK ROAD OFFICES

PREVIOUS SCHOOL APPROX 16,000 SQFT

20,000 SQFT INDUSTRIAL SPACE

5,117 SQ. FT. WAREHOUSE

DUNDAS 1,030 SQ.FT. (COMMERCIAL)

UP TO 14,635 SQ.FT. WILLING TO DIVIDE

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

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

1917_DJW_0052

1917_DJW_0050

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

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

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

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

1917_DJW_0051

1917_DJW_0049

2ND FLOOR OFFICE SPACE

16,000 SqFt Facility that was a previous school. Landlord willing to lease all or portions from 1,000 SQFT up to 16,000 SQFT. All intended uses to be approved by landlord. Base rent $6.00 /SQFT plus utilities. Zoned as Neighbourhood Institutional.

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

3 FACILITIES QEW EXPOSURE STONEY CREEK 1917_DJW_0045

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

1917_DJW_0047

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

1917_DJW_0048

PRESTIGE OFFICE SPACE 2 FLOORS

GREAT LOCATION on South Service Road near QEW and Fruitland Road. Unit has 2 drive in doors and 1 loading dock. Sub Lease for this location $10.50 per sqft includes base rent, TMI & CAMS. High ceilings loads of room. Immediate possession.

2717_DJW_0034

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

1917_DJW_0044

242

QEW frontage with the following available: 17,000 SQ FT offices on 2 floors and small warehouse 8,000 SQ FT Offices and Warehouse 4,668 SQ FT Warehouse 910 SQ FT 2nd floor office

Hamilton

Volume 17 Issue 09


Commercial Real Estate & Business Opportunities

Volume 17 Issue 09

Hamilton

FOR LEASE PRESTIGE OFFICE SPACE

11317771_3517

26

Please say you saw it in The Commercial Investor


11294087_3517

Volume 17 Issue 09

27

Commercial Real Estate & Business Opportunities

Larry Szpirglas

Christine Kiriakopoulos

BROKER

SALES REP

larryszpirglas@royallepage.ca

Christinek@royallepage.ca

Tel: 905.648.4451

Hamilton

LI NE ST W IN G

3517_DJW_0044

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

3517_DJW_0034

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

3517_DJW_0033

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

FOR LEASE

FOR LEASE

FOR LEASE

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

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

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

BILL CHOW

HOLY CHOW

Broker of Record/Owner

Prime Locations Best Prices in Town

, BROKERAGE

Ph: 905-528-5888

9363580_3517

FOR SALE

FOR LEASE

ASKING $2,250,000

SHERATON HOTEL PLAZA - DOWNTOWN HAMILTON

Prime Location in Downtown Hamilton 2,032 sq.ft available in busy corridor across from Sheraton Hotel/Starbucks. Close to office/institutional building’s surrounded by major residential area’s. Potential added with the rejuvenation of Downtown Core HAMILTON PROUD!

150 CENTENNIAL PARKWAY N. - HAMILTON

Prime Location along busy major commercial corridor across from Image Honda dealership. Commercial lot HHZoning 116 feet X 243 feet. Suitable for many uses. Owner may consider land lease/design build to suit for qualified Tenant. Call Now!

1104 FENNELL AVE. E - 845 sq.ft nicely finished (Sunshine Plaza) office space. 53 KING ST. E - Downtown Hamilton 2,119 sq.ft 79 KING ST. E - Downtown Hamilton 2,333 sq.ft plus 674 sq.ft Mezzanine & Basement Storage. 969 UPPER OTTAWA - Units Available: 2,776 sq.ft. + 933 bsmt, 1,255 sq.ft., 1,255 sq.ft. (office), 1,050 sq.ft., 1,050 sq.ft. Renovations underway.

Call me for other opportunities I may have available. I have qualified Buyers looking for Business/Investment opportunities. I also have high ranking contacts with most large developments/landlords/developers, (local/national/international). Licensed since 1989. Fluent in Chinese. Thank you! Please say you saw it in The Commercial Investor


GREATER TORONTO AREA

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

NOW OPEN

UNDER NEW

GTA

O

SECTION

MANAGEMENT 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

2015-03-19 3:47 PM


THE LISA WEBER TEAM RE/MAX ESCARPMENT LISA WEBER REALTY INC.

LISA WEBER,

JACOB CAMPAGNARO,

BROKER OF RECORD

SALES REPRESENTATIVE

OFFICE: 905-333-1848 | DIRECT: 905-220-2122 | LISA@LISAWEBERTEAM.CA

Greater Toronto Area

CALLING INVESTORS!!!

y

3:47 PM

685 & 693 CUMBERLAND AVE.

2317_DJW_0002

Great opportunity to purchase 2 blocks of 4 townhouse units, TOTAL 8 units (each block of 4 listed separately, and must be sold together). Each block of 4 are separately titled. The LOCATION is prime as it is close to all shopping schools, buses, and GO. Seller has spent significant money on upgrades, new roof, windows and doors. 4 units have been completely renovated, with new kitchens and bathrooms floors trim and appliances. Upside on 4 units to bring rents to market of $2100 a month. $201,600 ANNUAL. All UNITS SEPERATELY METERED. Tenants pay all utilities. Potential to convert to free hold townhouses and sell as individual towns. Seller has started the process and will share all information to the buyer.

11316715_3517

$1,949,000 EACH


30

Commercial Real Estate & Business Opportunities

Volume 17 Issue 09

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

Greater Toronto Area

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

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

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

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

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

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

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

8647857_3117

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

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

Please say you saw it in The Commercial Investor

R O

REALTOR


Volume 17 Issue 09

31

Commercial Real Estate & Business Opportunities

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

11121575_3517

• Abuts a medical building

$6,500,000

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

(416) 804-5555 Giovanni Pluchino

11310421_3517

Tel:

Sales Representative

905-841-1030 • 416-565-3727 giopluch@gmail.com

$75,000

Wake up to your nexthome! Vaughan East Woodbridge Approximately 3200 sq ft. Great location in Woodbridge. Close to all major highways not easy to find something similar at this price

Whether you’re renting or buying, finding your next home has never been so easy.

• 2 bay doors • 3 compressors 60 gallon • Shop fits upto 7 vehicles • 1 Mid rise hoist • Industrial pressure washer • Air compressor 60 gallons • 3 vacuums (wet and dry) • MLS: N3900822 • Many more items and equipment please call for details Vendor is selling business only please call for additional details 3517_DJW_0006 3517_DJW_0007 3517_DJW_0008

Please say you saw it in The Commercial Investor

Greater Toronto Area

Sales Representative


32

Volume 17 Issue 09

Commercial Real Estate & Business Opportunities

Givalas Real Estate Brokerage

8305406_3517

Nick Givalas Broker of Record

Ltd.

(905) 479-4436

email: ngivalas@trebnet.com

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

3117_DJW_0038

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

Greater Toronto Area

Your nexthome is waiting. 11318273_3517

Rena Solomo Sales Representative

3517_DJW_0047

647 767 3669

Well established, profitable independent turnkey food court business, fully equipped in very busy mall, low expenses TMI including rent is $5000 For more info call Rena Solomon 647-767-3669

Find the perfect new home or condo in the neighbourhood that fits your lifestyle.

Please say you saw it in The Commercial Investor


Volume 17 Issue 09

33

Commercial Real Estate & Business Opportunities

HONESTY & INTEGRITY above all else...

SAVE $$$ BUYING/SELLING!

DIVERSITY Delivering Results!

416 502-9944 24 905 502-9944 24 HRS

HRS

Artist's Impression

S

COMMERCIAL SPACE

We Have Buyers!

Once In A Lifetime Opportunity In Heart Of Toronto!!! Attention Investors! Stunning Office Over 3300 Sqft In Prime Location!! Don't Miss Out $1,750,000. ID#CI150

AUTOMOTIVE RELATED

Business For Sale ***Lifetime Opportunity*** Original Owners Over 30 Years Retiring! Loyal Customer Base! Sale Of Long Established Automotive Workshop $500,000. ID#CI4987/1

TRANSPORTATION BUSINESS ***Lifetime Opportunity*** Profitable Trucking Business, With Automotive Garage & Loyal Customer Base for Sale, With Rare 1.25 Acre Land! $1,775,000. ID#CI4987

w

Ne

SPA

One Of It’s Kind Luxurious All-In-One Day Spa In The Heart Of The City. Beautiful Waterfront Location Close To City Hall With High Traffic & Lots Of Tourists Attractions. $200,000. ID#CI414

a

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

a

Looking for up to 100 Acres of Land for Residential Development.

a

Looking for Retail Plaza and Hotels in GTA.

a

Looking for Truck Parking Yard.

a

Looking for a Place of worship in the Peel Region.

a

Looking for Gas Stations within the GTA, Franchise Preferred.

HAIR SALON

One Of A Kind Established Hair Salon In Prime Location In A Busy And High Demand Plaza. Turn Key Operation, Open The Doors And Start Making Money!! $85,000. ID#CI6550

MESSAGE OF THE WEEK! “Properties are being negotiated 50,000100,000 by us. Call us today for the Best Deal.”

* Salespersons: Jenny Zhou; Javid Banday; AJ Lamba (Broker); Chris Chartier; Ankit Malhotra

*Based on 2016 Sales Volume

IN DOWNTOWN ST THOMAS $399,900

JUST LISTED IN THE HISTORIC COURTHOUSE DISTRICT!

$209,900

}

ATTENTION INVESTORS

Do you have children attending the University of Western Ontario?

1917_DJW_1_8032

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

Centrally located in downtown St. Thomas. This is a package including bungalow & a commercial zoned office with multi family potential or include your business on the main level with two apartments on the upper level. Included is a one floor bungalow fully leased located behind this colonial style building. Call me directly for information & your private tour! Priced at $399,900.

NELSON CONROY

S

2717_DJW_0018

4 bedrooms, 2 baths & a 5 minute walk to downtown St Thomas. MLS # 604815 for the iGuide tour!

JAMIE HANKE

Sales Representative

Sales Representative

nelsonconroy@royallepage.ca

jhanke@royallepage.ca

519-672-9880 11303359_3517

D L O

London South - 334 Wellington Road S, N6C 4P6

Please say you saw it in The Commercial Investor

Greater Toronto Area

D L O

1st Property Off Two Major Hwy 403/410 Own Prime Mississauga Real Estate. Custom Build Your Dream Project with Potential Upto 15,00020,000 Sqft $2,300,000.

g!

in

st Li

11294169_3517

MEDICAL/ WORSHIP/ RETAIL / INDUSTRIAL


trebreport

GTA REALTORS RELEASE commercial market figures

T

oronto Real Estate Board President Tim Syrianos announced that TREB Commercial Network Members reported a combined 391,196 square feet of industrial, commercial/retail and office space leased through TREB’s MLS System in July 2017 – down from 879,946 in July 2016. Leasing results can be volatile on a month-to-month basis.

Average lease rates, for properties leased on a per square foot net basis with pricing disclosed, were up for all three major market segments. The average lease rate for industrial properties, which accounted for approximately two-thirds of space leased, was $7.53. This was up substantially from the average of $5.88 for July 2016, largely due to a lack of lease transactions for very large properties this year, which tend to lease for less per square foot. “The latest headline GDP results for the Canadian economy have certainly been positive. However, thinking about southern Ontario in particular, there remains a reliance on the export of goods and services, especially to the United States. Export-related sectors tend to be tied to substantial business investment, including real estate. In the coming months, it will be important to monitor the impact of the recent increase in the value of the Canadian dollar,” said Mr. Syrianos. “It will also be important to watch how consumer-facing businesses, which are the drivers of the commercial/ retail market segment, are impacted by the dip in housing transactions and the recent increase in borrowing costs,” continued Mr. Syrianos. The total number of sales for all three major market segments combined was 48 in July – down slightly from 55 sales reported during the same month in 2016. The average sale price was up substantially for the industrial market segment and down for the commercial/retail and office segments. These larger year-over-year changes in the average selling price were due to a change in the mix of properties sold this year compared to last, in terms of type, size and location.

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

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

July 2016

% Change

Industrial

264,584

737,285

-64.1%

Commercial

51,208

69,625

-26.5%

Office

75,404

73,036

3.2%

Total

391,196

879,946

-55.5%

July 2017

July 2016

% Change

Industrial

$7.53

$5.88

28.2%

Commercial

$26.17

$18.03

45.1%

Office

$12.43

$9.95

24.9%

Avg. lease rate

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

July 2016

% Change

Industrial

19

18

5.6%

Commercial

18

25

-28.0%

Office

11

12

-8.3%

Total

48

55

-12.7%

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

July 2016

% Change

Industrial

$188.31

$86.69

117.2%

Commercial

$278.39

$412.07

-32.4%

Office

$251.43

$375.80

-33.1%

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


Volume 17 Issue 09

#

35

Commercial Real Estate & Business Opportunities

Commercial Team In Canada! *

All-Stars

**

+

The PB Team Realty Brokerage Independently Owned And Operated

**

+

**Sales Representatives Broker of Record

www.PBcommercialteam.com

MISSISSAUGA WHOLESALE/RETAIL DISTRIBUTOR

Famous subway franchise located in high demand YORK MILLS/ DON MILLS area, busy plaza with high traffic! Business office and residential area! Well established business for 23 years, with current owner for 15 years! Opportunity to be your own boss! Perfect for a family owned business! Gross sales $6,500/week per seller! Low rent $3,492.83 + HST total per month! Catering potential! $138,800 3517_DJW_0026

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

MAIN/DANFORTH PRIME COMMERCIAL/RETAIL SPACE

DIXIE/HWY 401 - RETAIL/ PROFESSIONAL CONDO UNITS

Greater Toronto Area

YORK MILLS/DON MILLS SUBWAY FRANCHISE

3117_DJW_0024

VE

I US

CL

Prime commercial/retail space available just steps from the Main subway! Great business opportunity! Busy Main/Danforth intersection with heavy foot traffic. 560 sq. ft. with ground level Main Street exposure! Excellent lease terms! $880/mo plus TMI. Call George 416-554-7653. 3517_DJW_8118

Steal of a deal! Price reduced $60,000 for immediate sale! Prime location in busy Dixie Park Centre with free parking! Two units, total 1,450 sq. ft., one with offices and reception area. Great for investor/user! Use one, lease the other! Must be seen! $268,800. Call Matt: 647-500-7708 or George: 416-554-7653 1917_DJW_2_0001

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

11276658_3517

EX

All Listings are MLS unless otherwise noted. Not intended to solicit clients already under contract.

Please say you saw it in The Commercial Investor


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

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Volume 17 Issue 09

37

Commercial Real Estate & Business Opportunities 8313781_3517

Bill Byers Sales Representative bill-byers@coldwellbanker.ca

TEMISKAMING REALTY LTD.,

DUPLEX Fully rented 3+1 bedroom apartments. Separate meters. Lots of parking. Convenient Cobalt location on bus route. Asking $79,900. MLS TM162973

2317_DJW_0022

3517_DJW_0017

6 PLEX Large building with 2 balconies, basement, paved parking lot. Lots of work done here over the past few years. Full rented. Gas heat convenient downtown Haileybury location close to bus stops, College, library, beach, more. Asking $239,900. MLS TM162979

2317_DJW_1_0040

HORSE FARM Indoor Riding Arena with heated viewing area. 25 stalls attached. 4 bedroom apartment, all on 78 acres. Unorganized Otto Township with no zoning or building permits required. Low property taxes. Asking $249,900. MLS TM170103

2317_DJW_0023

FISHING & HUNTING CAMP Turn Key, 100+ years well established, all inclusive packages keep this property near full all season. Ideal for the outdoors family to live & work here year round. Shining Tree. Asking $749,900. MLS TM172033

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

2317_DJW_1_0033

New Liskeard, Northern Ontario

2317_DJW_0021

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

BROKERAGE

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

Economic fundamentals of Barrie set the stage for real estate investors

N

ew research from the Real Estate Investment Network shows the City of Barrie is poised for growth. Barrie meets criteria on REIN’s long-term real estate success formula for a future stable real estate market as the city continues to diversify its economy to support GDP, employment and population growth.

A diverse economy combined with Barrie’s younger population, post-secondary growth, business-friendly policies, infrastructure and proximity to downtown Toronto make the city a potential real estate investment market for strategic investors. “Barrie has become a city with strong economic roots,”says REIN’s Senior Analyst Don R. Campbell,“It has all of these fundamentals lined up in support of a bright future, which are ideal conditions for a stable and growing real estate market.”The city is the major urban centre of Simcoe County, but retains its small-town feel, making it an ideal location for young families seeking relative affordability. Additionally, the average age in Barrie is younger than Simcoe County and Canada’s average age. The growth of post-secondary

institutions attracts a large student cohort, increasing the need and demand for off-campus housing. Furthermore, the younger demographic suggests future housing demand will shift towards family-oriented two and three-bedroom units in both rental and ownership markets. Transportation options, including the GO Train, attract downtown Toronto professionals seeking affordable living. The city is no longer just a weekend destination. Professionals can continue to work in downtown Toronto and end their day in a much more affordable backyard, driving housing demand in Barrie. Cautious and strategic investors may find reasonable returns in Barrie. As a smaller centre, Barrie is subject to greater real estate market swings as the larger GTA market experiences ups and downs. Today, Barrie is subject to these swings, but REIN’s latest research and REIN’s Long-Term Real Estate Success Formula show Barrie is poised for growth and stability.

The Real Estate Investment Network (reincanada.com) is a trusted real estate investment education, analysis, research and strategic leadership resource. REIN provides real estate investing workshops, services and products for its Members and the public. Since its founding in 1992, REIN has delivered balanced and impartial research and economic insights integrated with relevant and cutting-edge analysis.

Please say you saw it in The Commercial Investor

Central Ontario

investorinsights


EASTERN ONTARIO

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

EASTERN ONTARIO SECTION

COVERING: Lindsay Peterborough Port Hope Bowmanville

Cobourg Trenton Belleville Kingston Northeastern Ontario

For advertising

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

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

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Volume 17 Issue 09

39

BRUCE COOKE

BBA, CCIM, SIOR Commercial Sales Representative

ProAlliance Realty Brokerage Independently Owned & Operated

Office: 613-966-6060 bruce@cookeproperties.com

14 APARTMENTS BELLEVILLE AREA $1,175,000 Built in 1988, brick 2 storey. Fully leased, coin laundry, 7 x 1 bdrm, 5 x 2 bdrm, 2 x bach. Net Income $72,015

Eastern Ontario

3117_DJW_0034

3517_DJW_0048

E-mail:

11306878_3517

11318271_3517

Commercial Real Estate & Business Opportunities

12 PLEX BELLEVILLE AREA $1,150,000

Fully leased, built in 1989. 11 x 2 bdrm, 1 x 1 Bdrm units. Coin laundry, balconies. Excellent condition. Gross Income $109,062, NOI $73,929. Call Bruce Cooke 613-970-0095

Please say you saw it in The Commercial Investor


trending

Improved economic outlook for many Canadian mid-sized cities But Canadian mid-sized cities outside Alberta will not see growth above two per cent the commodities price crash. Lethbridge’s broad-based economy, however, bucked the provincial trend and managed to emerge unscathed over the last two years,” said Alan Arcand, associate director, Centre for Municipal Studies, The Conference Board of Canada. “This year, these three Alberta mid-sized cities will see many of their key industries benefit from recovering oil prices, the low Canadian dollar, and a healthy U.S. economy.” MEDICINE HAT

Medicine Hat was hit hard by the oil price collapse, with total output falling in both 2015 and 2016. Although oil and gas prices are expected to rise gradually over the coming years, they will remain well below their peak levels. This suggests that the economic recovery in Medicine Hat and in other energy-oriented cities will be moderate at best. Job growth is poised to resume in Red Deer this year, following a record 8.4 per cent drop in 2016. LETHBRIDGE

I

n line with recovering oil prices, economic growth in Medicine Hat and Red Deer is expected to return to positive territory this year. In fact, with real GDP growth of 2.7 per cent in 2017, Medicine Hat is anticipated to post the strongest economic growth among the eight mid-sized cities included in The Conference Board of Canada’s latest Mid-Sized Cities Outlook. Meanwhile, Lethbridge – the other Alberta city included in this report – will continue to enjoy steady economic growth. The outlook is also generally positive for the cities located outside Alberta. Of the five remaining mid-sized cities – Brandon, Prince George, Timmins, Sault Ste. Marie, and Miramichi – all except Prince George will also see economic activity improve in 2017. And even though growth is poised to slow in Prince George, the economy is still projected to expand at a decent 1.5 per cent clip. On a negative note, all five of these cities are on track to see economic growth come in below two per cent. “The economies of Red Deer and Medicine Hat, with their close ties to the oil and gas sector, were hard hit by

Driven more by agriculture and food processing than by oil, Lethbridge’s diversified economy will continue to enjoy steady growth this year with an anticipated 2.4 per cent rise in GDP. Although employment is set to contract 11.6 per cent this year and rise only 1.0 per cent next year, the number of jobs in the region remains historically high following an unsustainable increase in 2015. Lethbridge’s construction and manufacturing sectors are set to receive a boost from Cavendish Farms new $350 million potato processing plant, which will more than double the firm’s local production. Aggregate output in the services sector is forecast to climb 2.2 per cent per year over 2017-18, led by solid gains in wholesale and retail trade and in finance, insurance and real estate. BRANDON

Brandon’s economy is expected to post average annual growth of 1.9 per cent in 2017-2018, up from a 1.4 per cent gain last year. Output in the city’s manufacturing sector is expected to advance by 1.7 per cent this year thanks in part to regulatory changes by the province to stimulate Manitoba’s hog production and a major contract win in the steel manufacturing sector. At the same time, strong population growth and healthy gains in employment and personal income will see Brandon’s residential investment sector pick up steam. Meanwhile, the non-residential investment sector will be boosted by several large construction projects, including further progress on the First Street Bridge


Volume 17 Issue 09

41

Commercial Real Estate & Business Opportunities

Jack Huitema Broker of Record

905-774-7624

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

MANITOULIN ISLAND – 48.8 ACRES – GARDEN CENTRE BUSINESS In operation for 15 years. 3 bedrm, 3 bath home, 12 hoop houses with everything required to produce all the plants you need for retail sale. Café provides additional income. Located minutes away from Ferry. All on 48 acres of Sandy Loam soil. Call Jack for more details. 3517_DJW_0013

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

1917_DJW_0041

www.coldwellbanker.com

11279879_3517

PRINCE GEORGE

After averaging gains of 2.2 per cent annually between 2012 and 2016, Prince George’s economic growth is expected to moderate to a still decent 1.5 per cent this year. A healthy U.S. economy and recovering housing market will increase demand for B.C. wood products, supporting the local primary and utilities industry. The finance, insurance and real estate industry will continue to benefit from a strong housing market, making it Prince George’s fastest-growing industry in 2017. TIMMINS

The Timmins economy remains on a path of stable and moderate growth. Real GDP increased by 1.3 per cent in 2016 and is forecast to average slightly stronger growth of 1.5 per cent over 2017-18. Output in both the manufacturing and the primary and utilities sectors will rise at a healthy pace this year, boosted by a low Canadian dollar, recovering gold prices, and several positive developments in the mining sector. Employment is forecast to pick up this year. This turnaround will support household consumption and thus help spur a 1.8 per cent increase in wholesale and retail trade output in 2017.

SAULT STE. MARIE

Sault Ste. Marie’s real GDP growth is expected to come in at 0.6 per cent in 2017 and 0.9 per cent in 2018 – a welcome change from the flat readings of the last two years. The construction sector is on track to return to positive output growth this year,.Things are also looking up for the manufacturing sector, which has struggled since 2012. Decent performances in wholesale and retail trade, and in finance, insurance and real estate will drive moderate services activity. MIRAMICHI

Although Miramichi’s economy struggled mightily for a decade from 2005 to 2014, its overall economic outlook is relatively upbeat, as a modest recovery that started in 2015 is expected to continue. Real GDP is forecast to expand by 0.6 per cent this year and 0.7 per cent in 2018. A relatively good performance by the services industry, which generates nearly 90 per cent of the area’s total economic activity, kept the economy afloat last year and should continue to do so this year and next. In particular, an aging population will drive demand for health care services, while modest employment and income gains will provide a lift to wholesale and retail trade. The construction sector is also poised to grow, but this will be more than offset by persistent declines in manufacturing and in the primary and utilities industry. For more information and to read the full report, please visit conferenceboard.ca.

Please say you saw it in The Commercial Investor

Eastern Ontario

replacement. The services-producing industries are set to build on last year’s 2.0 per cent GDP increase with growth of 2.2 per cent in 2017..


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

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Volume 17 Issue 09

43

Commercial Real Estate & Business Opportunities

Colliers International Niagara Ltd., Real Estate Brokerage 82 Lake Street, Suite 200, St. Catharines, ON L2R 5X4 www.collierscanada.com 905-354-7413 12190 LAKESHORE RD. WAINFLEET

1917_DJW_0004

0717_DJW_1_0024

3117_DJW_0009

5846 DRUMMOND RD., UNIT 3

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

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

93 SHAW STREET, WELLAND

300 MAJOR STREET, WELLAND

120-140 EAST MAIN, WELLAND

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

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

5570 STANLEY AVE., NIAGARA FALLS

333 ONTARIO STREET, UNIT B3, ST. CATHARINES

3117_DJW_0007

265 MAIN STREET, PORT COLBORNE

1917_DJW_0007

2317_DJW_0016

+/-2.79 Acres of level land with +/-30,000 sq. ft. of buildings. A great deal. Buildings include office area & manufacturing heavy industrial area. Great facility with Outside Storage. Many permitted uses. OFFERED AT $479,000 Contact Greg Chew, Sales Representative greg.chew@colliers.com

+/-2,756 sq. ft. restaurant, situated on the north side of Main Street West of King Street. Front dining for +/-20 guests. Bar and main dining room seats 105 guests. +/-1,376 sq. ft. upper level residential 3 bedroom apartment. Basement laundry and storage. OFFERED AT $249,900 Contact Mike Halliday, Sales Representative mike.halliday@colliers.com

BROKERAGE APPRAISALS MANAGEMENT

3117_DJW_0008

3117_DJW_0010

2317_DJW_0015

The site is approximately +/-91.56m of frontage along Maplewood Drive, including +/-3,286.2 sq. m. (+/-0.81.2 acre) of land zoned Freehold Townhouse Block for development. OFFERED AT $1,599,000 Contact Michael Halliday, Sales Representative mike.halliday@colliers.com

Prime high exposure “gateway” property on Stanley Ave just off of Highway 420 near the new Esso & McDonalds. Currently half owner occupied and tenant (Discount Car) in the other half on a lease. Zoned Tourist Commercial with many opportunities for different uses. OFFERED AT $699,000 Contact Bryan Saelens, Sales Representative bryan.saelens@colliers.com

Established business “TASTE OF ASIA” FOR SALE. Turnkey business with +/-24 seat capacity. The owner is retiring and would like to sell. An established business with potential. OFFERED AT $79,900 Contact Bryan Saelens, Sales Representative bryan.saelens@colliers.com

Accelerating success. Global leadership in real estate solutions.

“Information contained herein has been obtained from the owners or from other sources deemed reliable. We have no reason to doubt its accuracy but regret we cannot guarantee it. All properties subject to change without notice.”

Please say you saw it in The Commercial Investor

11306014_3517

Niagara Peninsula

42 MAPLEWOOD DRIVE, ST. CATHARINES


Volume 17 Issue 09

Commercial Real Estate & Business Opportunities

Angelo DʼOnofrio Sales Representative

The Brick Realty Ltd. Brokerage

905-357-9700

angelo-donofrio@coldwellbanker.ca

11316997_3517

Downtown Niagara Coffee Shop

Located just two blocks from the future GO Train depot, this turnkey cafe offers beautiful leasehold improvements, fully equipped, conveniently located in the heart of the rejuvenated, bustling, downtown Niagara Falls.

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

Tony Tripodi

tripodi@sympatico.ca

Broker

Garden City Realty Inc Brokerage Independently Owned & Operated

*INDUSTRIAL*COMMERCIAL*INVESTMENT*

8181576_3517

44

Priced at $88,000. 2317_DJW_0067

Historic B&B

Located on the upper Niagara River, the “Danner House” offers old world charm with modern conveniences. Large open double hearth fireplace, inground pool, triple garage and overlooking the Niagara River.

$1,499,000. 3517_DJW_0032

AT THE CENTRE OF NIAGARA PENINSULA

Located in Fonthill, a very busy licensed family restaurant, specializing in breakfast and lunch. Sitting capacity for 150, plus patio. Large kitchen and plenty of onsite parking. Steady clientele. Sufficient land allowing building 40 residential units. Property located in the largest development area of Fonthill near new arena, brand name grocery stores and much more. Right on Hwy #20, easily accessible. Asking price $2,400,000. Call 289-241-6954 for details. Tony Tripodi, Broker. 3517_DJW_0022

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

trending

Open Debate:

Open vs. Private Workspaces

M

any Canadian companies feel they offer collaborative workspaces, but do workers agree?

Niagara Peninsula

Canadian companies may want to consider mixing things up when it comes to their office arrangements. While 81 per cent of workers surveyed by Robert Half reported open arrangements help collaboration, they also noted at least some privacy contributes to a more productive, less stressful office environment; yet only 35 per cent of workers said their employer offers both options.

A separate Robert Half survey of HR managers revealed the majority (57 per cent) feel their workspaces are already collaborative, and most don’t have plans to update their offices. “Workspaces should be as unique and versatile as the employees who use them,” said Greg Scileppi, president of Robert Half, International Staffing Operations. “By taking into consideration various work styles and preferences, companies can establish an office design that encourages improved performance, comfort and productivity.”

Additional findings from the surveys: • While 81 per cent of workers conceded that open floor plans help with collaboration they also said that other office configurations, including semi-private cubicles (62 per cent), a combination of open and private spaces (58 per cent), and private cubicles (54 per cent) can be collaborative. • Employees who work in semi-private cubicles and a combination of open and private spaces cited the least amount of productivity due to their workspace. Workers with private offices felt the most productive. • Nearly one-third (30 per cent) of professionals working in private cubicles said their workspace configuration hinders collaboration. • Sixty per cent of those with private offices said their workspace makes them feel relaxed compared to only five per cent who reported feeling stressed. Those working in semi-private cubicles (33 per cent) reported the most amount of stress due to their workspace configuration. Added Scileppi, organizations need to be aware of the effect office design can have on current and prospective employees.

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Volume 17 Issue 09

45

Commercial Real Estate & Business Opportunities

Larry “BILKO” Bilkszto Sales Representative Since 1989

Garden City Realty Inc., Brokerage Independently Owned and Operated

www.bilko.ca • bilko@rgcmail.com

8494906_3517

905-641-1110 • 905-562-3000 • Toll Free 1-866-575-9400 Vineland building lot. Very quiet area off the beaten trail with no through traffic, yet only 5 mins to Q EW. All city services to the lot line. This lot is mostly ravine, it will allow for a 2,900 sq. ft, 2 storey to be built north of the hydro lines. Ask ing $249,800

High profile corner property overlook ing St. Catharines new hospital. Maj or exposure. All city services j ust down the road. Corner of First St & St Paul W, the wine route, at the 4-way stop. Almost 2 acres presently z oned agri lands within city limits. Great investment with much future potential. $499,800

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

Great investment with many possibilities. Presently has 2 large, 2 storey barns, large red brick farm house. City water and gas. 2 road frontages. 1 acre leased out for a radio tower until 2031 - present rent $7 000/year with a 4% yearly increase. 20 acres leased for cash crop @ $50/acre per year. $1,499,800

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

CONS: Impromptu conversations can be disruptive to nearby workers trying to focus.

4 | Open floor plan

Robert Half identifies pros and cons of different workspace configurations to help managers decide what’s right for their office:

PROS: This option saves on overhead costs, and is best for roles, departments or industries that require a high level of collaboration.

1 | Private offices

CONS: It’s not ideal for introverted personalities or those who require a quiet space for concentration. It also lacks private spaces for confidential discussions.

PROS: Employees and management can make business and personal phone calls, hold meetings or have private conversations without being seen or heard. CONS: They’re expensive and require more space to implement. Workers who close their doors can seem unapproachable.

5 | Combination of private and open spaces PROS: It isn’t as disruptive as other types of configurations, and allows for employees to gather in common areas. CONS: It’s more expensive to implement and can take more time to design this type of space.

2 | Private cubicles PROS: They provide some privacy. CONS: Outside discussions can be distracting, and employees worried about disrupting others might avoid conversations, prohibiting collaboration.

3 | Semi-private cubicles PROS: Professionals can see each other, making it easier to have spontaneous conversations. This option offers an open floor plan feel, but also allows workers to feel ownership of their space.

The surveys were developed by Robert Half and conducted by independent research firms. The HR managers’ survey includes responses from more than 300 HR managers at Canadian companies with 20 or more employees. The survey of workers includes responses from more than 500 Canadian professionals age 18 and over and employed in office environments.

For more information on this report please visit rhii.com.

Please say you saw it in The Commercial Investor

Niagara Peninsula

“The look and feel of an office represents the company and reflects the corporate culture; the right layout can attract candidates in the hiring process, and keep current staff feeling engaged and supported.”


BUSINESS INVESTORS

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

BUSINESS INVESTORS

The perfect place to list all of your businesses opportunities

For advertising

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

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

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Commercial Real Estate & Business Opportunities

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

info@profunds.ca info@profunds.ca

www.profunds.ca www.profunds.ca

Utilize PrivateSuicide: Funds in yourReasons Real Estate Today! Line of Credit 4 Real Four To Rethink your spoiled Line of by Credit Position We asReal the Reasons general public have been the low bank rates being offered to date. Many investors become so enticed by low interest rates that they do not even consider the option of using funding are declined by the bank, put andinto as result, awaytofrom purchase Aprivate secured line ofwhen creditthey is something many Investors place they whenturn looking get ainvolved in or real estate investing. Use of such credit lines is sometimes thought to be a very practical approach to accessing refinance that could have generated great profit for them. funds for investments. This is one of the biggest mistakes a Real Estate Investor could make. I have personally witnessed the wrath of this financing option. Many Investors are just not aware of the repercussions that this source of funding can bring. If you are refinancing your home or an investment First of all, moreofand more getting declined by theopportunity bank? Today the beware! banks have property withwhy the are thought using yourpeople line of credit when the perfect arises,

9649286_3517

Copyright©©2016 2016Pro ProFunds FundsMortgages Mortgages | | 3410 3410South SouthService ServiceRoad RoadSuite SuiteG5G5Burlington, Burlington,Ontario OntarioL7N L7N 3T2 Copyright 3T2

Business Investor

become very difficult to work with. This is because they have imposed extremely strict requirements for approvals and if you not meet their exact you areof declined andcan First, when purchasing or refinancing realdo estate, the maximum loancredentials, to value with a line credit that your buyingthrough power has been diminished. sure many have experienced such frustrations onthe be acquired a financial institution isI am 80%. When refinancing, and pulling equity, this limits amount of funds that could be extracted from the property. With a regular mortgage you can have access the new and improved banking protocol, specifically business owners and contract workers who up to 90% plus. verifying income. Being in the mortgage industry for almost 2 decades now, I may haveLTV difficulty have witnessed vast changes in the approval process for both residential and commercial lending. Second, the interest rate offered on a line of credit is not as competitive as a variable product that has proven to provide overall rate in long term. When taking the stepsingle of utilizing the equity Just a short timethe agobest it was possible tothe purchase a residential property, family upexisting to 4 units, in your real property, why not have access to as much as possible at today’s low rates which can potentially with only 5-10% down. Today you would need a minimum down payment of 20% of your purchase be less than 2.5%. Here, you will have access to more funds at a better rate. Now you can really make that price. You must be able to show that you have the funds to support this purchase and if you cannot money work for you. verify your income as declared on your tax returns, then there is a very high probability that you will be declined. many individuals have intoonthis because being Third, a line of credit How secured on your property will be fallen disclosed your category credit bureau report.ofThere is, of self-employed? Majority of these individuals are the ones that are seeking alternative investments course, no issue with disclosure. However, it is the lender’s and the credit bureaus’ perspective that we real estate for long stability because of a lending lack of will postsee retirement pensions suchtoasconcern need ourselves with.term An underwriter in residential this as greater debt, and even if government support. this line of credit has not been used. The underwriter will have to allocate this loan to your debt service in its entirety based on the underwriting criteria set by the financial institutions. This calculation often adds aI larger weyou actually have and the amount could qualifystop for on a residential want payment to informthan all of investors thatreduces we cannot let theone banks criteria our real estateloan. endeavours! We have access to private money where these strict rules do not apply. The approval After assessing many portfolios, first recommendation is to refinance A these lines ofsense creditapproach and remove process for private funding isthe based on common sense approach. common them immediately. will make for oneand fixedall-encompassing. mortgage payment.AAnfeasibility Investor can take advantage entails analyzing This a deal objectively analysis would beof a 90% LTV (versus 80% LTV) andproperty, gain access more funds with potentially a much lower conducted alongperhaps with anan appraisal of the andtoany other relevant documentation would monthly obligation. This structure will typically allow for a larger mortgage loan approval on future be requested on a deal specific basis. Although the interest rates are higher, with private funding purchases. there is significantly more flexibility with closing times (mortgages can close within a matter of days!), income confirmation, loan to values, and conditions on a mortgage offer. A higher interest As an Investor, one of the most important elements of success is your buying power. If a great deal presents rate is far worth the ability to purchase real estate that could produce great future value and profit itself, you need to be able to act fast knowing that you can qualify without the concern of a reduction in that otherwise not even be aofpossibility. financing due to may the damage a line credit has done.


48

Commercial Real Estate & Business Opportunities

Volume 17 Issue 09

Your Real Estate & Mortgage Investment Specialists 1.888.330.3866

info@profunds.ca

www.profunds.ca

Fourth, if you are purchasing an investment property with the thought of paying down the principal by utilizing a credit line, beware! I had recently experienced a situation where a client wanted to purchase an investment property with 20% down. He had really great credit with a score in the high 700’s. His income was great. He was in the perfect position to acquire and had intentions of aggressively moving forward in his real estate investment endeavors. However, he decided to use a line of credit instead of a mortgage. The result was that this line of credit remained very close to the limit for about one year. He really did nothing wrong. He consistently made all of his minimum payments and was never late. Today his credit score is in the low 500’s! Why? Because the loan was at the limit for a long period of time. From a credit score/credit bureau perspective, this is a negative and it looks like this person is maxed out on his credit. A high risk! Today, this creditworthy individual is faced with obtaining financing from secondary lenders at a much higher interest rate with the effect of reducing the cash-flow on the investment properties he has acquired. A credit score will play a very significant role when qualifying for a mortgage. Most residential lenders receive the mortgage loan applications electronically with the credit bureau report attached. For rental property purchases or for those Investors who are self employed, the majority of Banks set a credit score criteria of 680 or greater. If you are not in the market for residential properties and focused specifically on commercial property, a credit line may not hinder you to this degree as long as the credit line is not close to the limit for a long period of time. Lenders treat commercial underwriting differently. Commercial underwriting is very different from residential as the approval process is based on the property’s income and the ability to service the debt. The qualification does not rely on your personal income to service the debt as it does in residential lending. The second important factor is the covenant of the borrower, how strong the borrower is from a net worth perspective and how much of a risk this borrower may be. This has a huge impact to the approval process and must be taken into consideration when once again securing a line of credit as the line of credit does appear on a credit bureau as additional debt. If you are in the process of securing financing and considering a line of credit, think twice. You need to weigh the pros and cons carefully.

President Pro Funds Mortgages

Copyright © 2016 Pro Funds Mortgages | 3410 South Service Road Suite G5 Burlington, Ontario L7N 3T2

11289457_3517

Business Investor

Carmen Campagnaro


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Mazhar Roshan Sales Representative

HomeLife Professionals Realty Inc.

Direct GTA Direct

BROKERAGE

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

Office

mazharroshan@sympatico.ca FOR LEASE – HAMILTON - $ 3,000.00 PER MONTH

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

VACANT LAND $3,500,000

In rapidly growing area of red hill business park. Over 1000 sqft office space with huge outside storage area. Good for light industrial, warehouse, and outside storage

Well established auto related property and business with 4 bedroom house in Norfolk county, property includes, Salvage yard, Scrap business, 3 bay garage with 2 hoists, 3 bay separate garage with paint booth for body shop also 2 more building for storage or any other related use. Over 3 acres with MD zoning, call LBO for details. 1917_DJW_2_0041

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

2717_DJW_6000

1917_DJW_4_0006

BUILD YOUR DREAM HOME $619,900 DU

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DOLLAR STORE - $79,900

8148414_3517

905.929.9800 647.609.9463 905.574.6400

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

CALL FOR DETAILS

75’ x 150’ lot. Close to Hwy 403 and in the village of Ancaster. 3 Bedroom, 2 Bath House was rented for $2200/per month. Call for details.

1917_DJW_1_0056

HAMILTON

2317_DJW_0047

INVESTMENT PROPERTY $569,900

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

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

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

Desirable West Mountain location. 3 Kitchens, 3 bathrooms, 3 Laundry rooms. 3 Separate entrances. Call for more details.

1917_DJW_1_0013

1917_DJW_1_0043

2317_DJW_0046

FOR LEASE - $20.00 PER SQUARE FOOT

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

$1,299,900

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

BURLINGTON FOR LEASE $20.00 PER SQUARE FOOT

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

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inthenews

Economic growth to continue for most Ontario cities in 2017, albeit at a more moderate pace

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part from London, Sudbury and Thunder Bay, Ontario’s mid-sized metropolitan areas can expect economic growth to moderate this year, according to The Conference Board of Canada’s Metropolitan Outlook. Still, Oshawa and Windsor are expected to boast the fastest growing economies among the 15 cities covered in this edition of the report, with growth of 2.5 per cent forecast for both cities this year. The remaining six Ontario cities in the report will post growth under two per cent.

“The weaker Canadian dollar and solid U.S. demand continue to provide a lift to many Southwestern and Eastern Ontario metropolitan economies, especially their export-oriented manufacturing industries. That said, growth is on track to moderate this year in most of these cities,” said Alan Arcand, associate director, Centre for Municipal Studies, The Conference Board of Canada.“For the two Northern Ontario cities in our report, improved nickel prices will help Sudbury’s economy bounce back from three straight annual declines, while Thunder Bay’s economy will remain mired in slow growth.” HIGHLIGHTS

• Oshawa and Windsor are expected to boast the fastest growing economies this year among the 15 medium sized cities in the report. • Most Ontario cities will see real GDP growth come in under 2 per cent this year. • Economic growth in Thunder Bay will inch up by just 0.2 per cent in 2017. OSHAWA

After rising by 3.2 per cent last year, real GDP growth in Oshawa is forecast to slow to a still solid 2.5 per cent in 2017. The local construction sector is expected to be among the region’s top performers as several non-residential projects fuel an output increase of 3.6 per cent this year. At the same time, services output is expected to post solid growth, with personal services, and health care and education leading way. Meanwhile, the manufacturing

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sector will continue on its modest growth path, forecast to expand by 1.1 per cent this year. General Motors is investing over $400 million to upgrade its Oshawa Assembly Plant and will add a second shift and create 500 jobs at its Oshawa Flex Plant next year. Local job growth surged a record 9.2 per cent last year, but this pace of growth is unsustainable so the labour market will reverse some of last year’s gains in 2017. WINDSOR

year, as stronger non-residential investment activity more than offsets slightly weaker housing starts. At the same time, the local manufacturing sector is on track to see slightly stronger output growth this year, partly thanks to substantial investments by General Motors and General Electric. On the other hand, services sector output growth is projected to slow due to more moderate activity in wholesale and retail trade, and in public administration, combined with a fifth consecutive decline in noncommercial services (health care and education).

Windsor will maintain its string of solid advances this year thanks to the continued revival of the key manufacturing sector. Driven by the auto industry and strong U.S. vehicle sales growth, the local manufacturing sector has expanded for seven consecutive years, posting average annual output growth of 6.8 per cent over 2014-16. The rebound in manufacturing has also helped lift the fortunes of the construction industry, and the transportation and warehousing sector. While the outlook for the local manufacturing sector remains bright, output is expected to increase at a more moderate pace of 3.7 per cent in 2017, with the rest of the economy following suit. Growth in Windsor’s real GDP is expected to remain healthy, coming in at 2.5 per cent this year.

Economic growth in Kitchener-Cambridge-Waterloo is expected to decelerate to 1.6 per cent in 2017, following a 2.1 per cent increase in 2016. A modest expansion of 0.5 per cent is on tap for the local manufacturing sector this year, while services growth is expected to moderate. Meanwhile, construction output is on track to rebound with a 3.4 per cent gain this year, fuelled in part by work of the light rail transportation system. Kitchener will continue to attract newcomers, as the area provides relatively affordable housing for those working in the Greater Toronto area, Kitchener’s employment conditions remain decent, and job markets in Western Canada are less beckoning.

LONDON

GREATER SUDBURY

London’s economy is also benefiting from strength in the local manufacturing sector, similarly driven by a weaker loonie and healthy U.S. demand, particularly for automobiles. The manufacturing sector is expected to continue to grow steadily over the next two years, with output increasing by 2.6 per cent in 2017 and 2.4 per cent in 2018. The manufacturing revival has also helped lift the spirits of consumers spurring major purchases, such as homes. This, in turn, has supported strong growth in London’s construction, and finance, insurance, and real estate sectors. In all, London’s economy is forecast to expand by 1.9 per cent this year.

Following contractions in four of the previous five years, Sudbury’s real GDP is forecast to rise 1.2 per cent in 2017. An anticipated modest rise in nickel prices will underpin the stronger economy. Local primary and utilities output, which includes mining activity, is poised to expand 4.0 per cent in 2017, following dips in four of the previous five years. The increased mining activity, combined with a major local road project, should support solid gains in Sudbury’s construction sector this year. Unfortunately, employment is poised to fall for the fourth straight year in 2017, before starting a modest recovery in 2018.

KINGSTON

Thunder Bay’s economy continues to move forward sluggishly, with growth forecast to come in at 0.2 per cent in 2017. Local manufacturing is on track to decline by 3.5 per cent this year as prices for pulp and newsprint remain tepid. The services side of the economy will remain essentially flat with output forecast to rise by 0.2 per cent this year. On a more positive note, output in Thunder Bay’s construction industry is forecast to accelerate to 1.7 per cent in 2017, thanks largely to a ramp up in government infrastructure spending. After a solid 1.1 per cent advance in 2016, employment is projected to edge up by just 0.1 per cent this year and next.

Following healthy growth of 2.4 per cent last year, Kingston is expected to post real GDP gains of 1.8 per cent this year. Thanks to rising housing starts and a variety of non-residential projects, the construction industry will be the economy’s top performer in 2017. Meanwhile, the services sector, led by public administration, is projected to grow steadily, albeit at a slower pace than the last two years. After growing by 1.1 per cent in 2016, employment is expected to rise at the same rate this year before slowing to 0.6 per cent in 2018. ST. CATHARINES-NIAGARA

St. Catharines-Niagara’s economy will continue to expand at a moderate pace, with real GDP growth forecast to come in at 1.6 per cent in 2017. After declining last year, the construction sector is expected to start recovering this

KITCHENER-CAMBRIDGE-WATERLOO

THUNDER BAY

The Metropolitan Outlook: Summer 2017 is The Conference Board of Canada’s analysis of 15 medium-sized Canadian census metropolitan areas (CMAs). For the full report visit conferenceboard.ca.

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inthenews

Office sector undergoing important shift in dynamics as trends transform both demand and supply Avison Young releases its Mid-Year 2017 North America and Europe Office Market Report

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mid varying economic performances and property fundamentals, North American and European office leasing markets are generally performing well as they undergo an important shift in dynamics influenced by trends transforming both occupier demand and the supply of new product. Traditional drivers of demand are being joined by emerging disruptors that will increasingly shape the future of the office-space market and commercial real estate as a whole.

These are some of the key trends noted in Avison Young’s Mid-Year 2017 North America and Europe Office Market Report, released recently. The report covers the office markets in 64 metropolitan regions in Canada, the U.S., Mexico, the United Kingdom, Germany and Romania. “The office sector and commercial real estate, in general, are not immune to the effects of globalization and technological innovation,” comments Mark E. Rose, Chair and CEO of Avison Young.“The world is transitioning into a more distributed, automated and digital economy, which

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impacts how occupiers conduct business and think about their workplaces, and this transition may have profound implications on the role and intrinsic value of property. In turn, owners and developers are finding ways to adapt and provide flexible work environments that meet these changing requirements.” Rose continues: “Rapid change has given rise to the idea that technological advances could render physical real estate increasingly obsolete. However, historical evidence suggests that technology is just as likely to create new jobs as to displace them. For example, the likes of Amazon and WeWork are among the occupiers that feature most frequently in our report’s survey of the largest lease transactions across Avison Young markets.” “Amazon’s success in the digital realm is translating into increasing demand for physical space – not only in the retail arena, but also the industrial and, now, office sectors, pointing to a new driver of demand in the office market as the e-commerce industry continues to grow. Meanwhile, the growth of WeWork and other providers of co-working and space-sharing services demonstrates that business will still require physical workplaces, even as we move toward an interconnected world offering


anywhere-anytime access to skills on demand.”

CANADIAN OFFICE MARKET HIGHLIGHTS:

Rose adds: “With Canada and the U.S. intertwined by close economic ties, the aforementioned disruptive trends continue to shape the Canadian and U.S. office markets, while in Mexico City, oversupply has led to the postponement of some new construction projects. Turning to Europe, the U.K. market is in flux one year on from the Brexit vote; Germany’s markets are reporting strong performances with declining vacancy rates year-over-year; and in Romania, the newest country on the Avison Young map, solid results in Bucharest have been driven by the information-technology and communications sector.”

• Canada recorded 12-month absorption of more than 3.7 msf. Losses in some western markets, largely in Calgary and Edmonton and, to a lesser extent, in Winnipeg, were offset by gains in Toronto, Montreal and Vancouver.

According to the report, of the 64 office markets tracked by Avison Young in North America and Europe, which comprise almost 6 billion square feet (bsf), market-wide vacancy rates decreased in 40 of the markets as nearly 52 million square feet (msf) was absorbed on an annualized basis.

• Due to disproportionate negative absorption and new supply, downtown markets posted an 11.3 per cent vacancy rate at mid-year 2017 – up 160 bps in the past 12 months. Vacancy was higher in seven of 11 downtown markets; four remained in single digits, while six were below the national downtown average. Toronto’s record low of 3.3 per cent was the lowest downtown vacancy in Canada – and among major markets in North America.

Occupiers’ desire for new product remains strong and the development community has responded, as more than 62 msf of office space was completed during the 12-month period ending June 30, 2017. Meanwhile, another 134 msf was under construction at mid-year 2017 – with 50 per cent of the space preleased. The report’s findings in the Canadian market shows trends prevalent in 2016 continued to play out in the first half of 2017 – and will likely shape Canada’s office market in the foreseeable future as the sector adjusts to the changing dynamics. “Evolving trends and varying fundamentals are challenging stakeholders to adapt more now than ever before – not just in Canada, but globally,”states Bill Argeropoulos, principal and practice leader, Research (Canada) for Avison Young. “On the Canadian front, the prevailing trends include urban intensification, transit-oriented development, consolidation, workplace design and millennials’ live-work-play preferences.” Argeropoulos adds: “Though demand from traditional sectors has been patchy, technology and the co-working craze are transforming the marketplace, garnering an increasing share of the leasing pie. Co-working space providers have expanded rapidly due to the need to cater to startups, entrepreneurs and the increasing demand for affordable workplaces on flexible lease terms. Notably, U.S.-based WeWork has leased big blocks of space in Vancouver and Toronto after opening its first Canadian location in Montreal in 2016. Meanwhile, e-commerce is another ubiquitous driver, prompting firms such as Amazon (in Toronto) and home-grown Shopify (in Toronto and Ottawa) to grow their real estate footprints.” Argeropoulos concludes: “Traditionally having occupied funky, older premises or brick-and-beam product on the fringes of major urban cores, this sector is now seeking a larger presence in major towers, primarily in the country’s downtown markets. These trends will challenge owners and occupiers to adapt to evolving circumstances and varying fundamentals in markets from coast to coast.”

• Negative absorption in Calgary and Edmonton and new development in most markets raised the national office vacancy rate 70 basis points (bps) year-over-year to 12.1 per cent; vacancy increased in five of 11 markets. Not surprisingly, Calgary had the highest vacancy (23.5 per cent); Winnipeg had the lowest (6.6 per cent), Edmonton saw the biggest change (+530 bps to 17.2 per cent).

• Owing to robust positive absorption (led by Toronto and Montreal), suburban markets combined for a 13.6 per cent vacancy rate at the midway point of 2017 – marginally lower than at the same mark in 2016. Apart from Winnipeg (four per cent), double-digit vacancy prevails across Canada’s suburban markets. However, vacancy declined in seven of 11 markets year-over-year, with five markets below the national suburban average. • Developers added almost 10 msf of new office space in the past year, increasing Canada’s inventory to more than 527 msf. Almost two-thirds of the supply was added to the nation’s downtown markets. Exacerbating vacancy levels, Calgary saw the most deliveries overall and downtown, slightly ahead of Toronto. • Undeterred by supply-demand imbalances across markets and taking a long-term view, developers had almost 13 msf under construction (48 per cent preleased) at mid-year 2017 as downtown construction outpaced the suburbs by more than a two-to-one margin. Toronto had the most space under construction overall (6.4 msf) as well as the most downtown space (5.3 msf) being built, while Montreal had the most suburban space underway (1.3 msf). Year-overyear, Toronto saw the largest development pipeline increase (+1.8 msf), while the greatest decrease took place in Calgary (-3.9 msf) as the city’s construction cycle draws to a close. • Average downtown class A gross rents increased $0.52 per square foot (psf) year-over-year to $41.42 psf at mid-year 2017 – led by Vancouver ($53.50 psf) and Toronto ($49.16 psf). Regina ($39.50 psf) edged out Vancouver ($37.25 psf) to boast the highest suburban class A gross rents. Suburban class A gross rents jumped an average of $1.48 psf year-over-year. For the full report visit avisonyoung.com.

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SPOTLIGHT SECTION 11316357_3517

INVESTMENT

HomeLife Bayview Realty Inc., Brokerage

Rita Mollicone, B.A. Residential, Commercial and Investments Sales Representative

Office: 905-889-2200 Cell: 416-508-2949 Email: ritamollicone@gmail.com

• 3750 sq.ft. standalone building • Recent $400K of leasehold improvements • 60 ft. by 425 ft. lot • High traffic and exposure • 10-year lease $1.650M

NINE ACRES BUILDABLE

• Draft-plan approval eminent • Over 600 units residential and commercial • York Region North of Markham

BRAMPTON CENTRAL

• Rooming house available • Many recent interior upgrades • New roof & veranda • Close to transportation and amenities $689,000

You’ve just found your nexthome!

THE COMMERCIAL INVESTOR SPOTLIGHT

COMMERCIAL PROPERTIES • BUSINESS OPPORTUNITIES • FRANCHISE OPENINGS & MORE!


CHEMONG LODGE

Kawartha Lakes Restaurant and Bar Built in 1896 – Owner Retiring – Family Owned Since 1962 Country Dining – Chemong Lodge and so much more!! • 5 Dining Rooms PLUS a bar and patio • Large newer, modern kitchen and equipment • Beautiful landscaping and view of Chemong Lake • Newer 30’x60’ commercial building for storage • Separate residence with 3 apartments and garage • MLS:X3800064

THIS IS AN OPPORTUNITY OF A LIFETIME, NOT JUST A CAREER BUT A WAY OF LIVING. A must come and visit property! We welcome you to join us for a complete tour of the multiple buildings and the beautiful manicured acreage. (Approximately 4 acres)

11318179_3517

WORLD REKNOWNED AND WELL ESTABLISHED WITH MANY REGULAR CLIENTELE

ROD HALL Sales Representative

Cell/Office: (705) 652-3367 Email: rodhall.works@gmail.com

Your nexthome is here!

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11312437_3517

“WE PRODUCE RESULTS”

Free CMA Evaluation with this cut out ad

Paul J. Szostak

Broker / F.R.I. / P.S.A. / S.R.S. / C.-C.R.E.C. / A.S.A. / A.B.R. / S.R.E.S.R.C.C. (Past Chair) / R.A.H.B. (Director 2011-12)

stakteam@gmail.com

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

905-333-3500 1917_DJW_4_0001

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

1917_DJW_3_0032

BUILDERS DELIGHT

1917_DJW_4_0001

$178,888 Double lot (5 and 16) currently zoned residential single-family with fantastic street view with some of the property bordered by natural stream. MLS #H3205683. 1917_DJW_4_0001 BUY/HOLD INVESTMENT APPROX. 10% CAP RATE

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

1917_DJW_4_0001

$428,888 Multi use fully tenanted property with turn key operation. Seven units with separate meters. The 7th hydro meter is being installed. This amazing opportunity to generate approximately $41,000 net operating income! Roof replaced approx. 5 years ago. Parking available for up to 10 vehicles. Appraised at $415,000. MLS #H3200286. 1917_DJW_1_0048 415 #6 HWY S HAGERSVILLE

MUST BE SOLD TOGETHER

$638,888

$578,888

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

1917_DJW_4_0001

$78,888 Only minutes walking to the water of beautiful Fort Erie. Lot zoned residential over an acre of land. This lot is priced to sell and it is in a location or anticipated future building lots. Call today and get your offer in! “Selling Distinctive Lifestyles “ “Building Lot” minutes from Lake Erie and Beach with breathtaking views of nature’s finest. MLS #H3205662. 18G COM

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

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

LIGHTHOUSE DRIVE, DUNNVILLE

UNIT 317 - 1100 SOUTH SERVICE RD., STONEY CREEK

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

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


#

Commercial Team In Canada! *

The PB Team Realty

**

+ **

COMMERCIAL

www.PBcommercialteam.com ** Sales Representative + Broker

BRAND NEW DESIGNER TOWNS IN PRIME MARKHAM

Take this opportunity to get on the priority list for a brand new town in high-demand, sought-after McCowan/16th area in Markham! Only a small selection of these chic and stylish urban towns are available featuring a stunning design, desirable features, expert craftsmanship, over 2,000 sq. ft, and rare 2- car garage!

REGISTER TODAY WITH THE POLITIS BRIENZA TEAM! 0916_DJW_3_0071

YORK MILLS/DON MILLS SUBWAY FRANCHISE

0916_DJW_3_0071 MISSISSAUGA

WHOLESALE/RETAIL DISTRIBUTOR

0916_DJW_3_0071 MAIN/DANFORTH

PRIME COMMERCIAL/ RETAIL SPACE

0916_DJW_3_0071 DIXIE/HWY 401 -

RETAIL/PROFESSIONAL CONDO UNITS

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Famous subway franchise located in high demand YORK MILLS/DON MILLS area, busy plaza with high traffic! Business office and residential area! Well established business for 23 years, with current owner for 15 years! Opportunity to be your own boss! Perfect for a family owned business! Gross sales $6,500/week per seller! Low rent $3,492.83 + HST total per month! 3517_DJW_0028 Catering potential! $138,800

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

Prime commercial/retail space available just steps from the Main subway! Great business opportunity! Busy Main/Danforth intersection with heavy foot traffic. 560 sq. ft. with ground level Main Street exposure! Excellent lease terms! $880/mo plus TMI. Call George 416-554-7653.

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3517_DJW_0118

Steal of a deal! Price reduced $60,000 for immediate sale! Prime location in busy Dixie Park Centre with free parking! Two units, total 1,450 sq. ft., one with offices and reception area. Great for investor/user! Use one, lease the other! Must be seen! $268,800. Call Matt: 647-500-7708 or 1917_DJW_2_0001 George: 416-554-7653

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

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

19G COM


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Commercial Investor - 02 Sep, 2017 by NextHome - Issuu