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Commercial Investor - 30 Sep, 2017

Page 1

Sept 30 - Oct 28, 2017, Volume 17 Issue 10

INCORPORATING FRANCHISE AND BUSINESS OPPORTUNITIES Full Coverage Area Including Windsor, Hamilton, Toronto, Niagara Falls, Kingston and Ottawa! APARTMENT BUILDING FOR SALE | $1,650,000

LARGE AND SMALL APARTMENT BUILDINGS WANTED D TE AN W

D E T N WA

W AN TE D

SOLD BY WINCORP REALTY INC.

• • • •

18 unit apartment building in Mitchell Located in residential area – nice greenspace Tenants pay hydro, low vacancy MLS X3894550 GLENN TRACHSEL, SALES REPRESENTATIVE DAVID T HODGINS REAL ESTATE BROKERAGE TEL: 519 276-2352 EMAIL: rentman@golden.net

• 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

60 NORTHLAND ROAD, WATERLOO $8,409,000

A 24/7 Real Estate Marketing Session FREE to Search Listings & Exclusive Haves &Wants

ICIWorld.com iciworld.mobi All Mobile Devices Or Install The ICIWorld App

FREE SUBSCRIPTION!

• 65,637 sq ft Multi-Tenant Office/Business Centre • 5.14 acres with 515.06’ frontage • I2-6 Zoning • Fully leased with long term tenancies in place • Easy access to Conestoga Expressway, shopping, restaurants & public transit • 6.25% CAP Rate • Exclusive Call

NEIL KOEBEL Broker of Record

CMA Realty Ltd., Brokerage Phone: 519-578-0337 | Email: neil@cmarealty.ca

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

FC_3917 (COM)

-214-487 6 5 41

Society of Real Estate Brokers


LAKE FRONT RESTAURANT UNIT

FUTURE DEVELOPMENT LAND

OFFICE UNIT FOR LEASE IN STONEY CREEK

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

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

SPACE FOR LEASE COLBORNE ST. E. BRANTFORD

FOR LEASE

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

1917_DJW_1_0026

1917_DJW_2_0011

BRAND NEW COMMERCIAL CONDOS ONLY 1 UNITS LEFT

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

$16 PER SQ FT PLUS $4 TMI/CAM

ATTENTION LAND OWNERS

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 IN HAMILTON

BUILDING FOR SALE IN HAMILTON

D L O

WE NEED DEVELOPMENT LAND PLEASE CALL US 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

SPACE FOR LEASE

S

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

RETAIL UNIT FOR LEASE

SOLD BRAND NEWOUT COMMERCIAL CONDOS - GRIMSBY

LD O S T OU

IN STONEY CREEK

D

E AS

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

$1,050,000

ED

S

A 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

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

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_3917


AVAILABLE

INVESTMENT OPPORTUNITIES

SOUTHWESTERN ONTARIO INVESTMENT TEAM

INVESTMENT OPPORTUNITY Kitchener, Ontario

RESIDENTIAL DEVELOPMENT LAND

Aylmer, ntario

+ + + +

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

+ Approx. 7.4 acres | 293.93 ft. frontage + Located at signalized intersection between Home Depot & Walmart + Asking: $1.899,000

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

+ 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

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

Brad Collins* 519 946 3034 brad.collins@cbre.com

INVESTMENT PROPERTY Kitchener, Ontario

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

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

VACANT COMMERCIAL DEVELOPMENT LAND Windsor, Ontario

INDUSTRIAL LAND OPPORTUNITY Ayr, ntario

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

11284449_3917

FREESTANDING INDUSTRIAL OPPORTUNITY Waterloo, Ontario + + + +

±9,643 sq ft on 0.494 acres Zoned B2 Ideal for owner/user Asking $1,395,000

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

ill unter 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.

3G

COM


SOUTHWESTERN ONTARIO COMMERCIAL OPPORTUNITIES SOUTHWESTERN ONTARIO SOUTHWESTERN ONTARIO MM M E R C IIAALL OOPPPPOORRT TUUN N I TI ITEI SE S CCOOM

FREE STANDING BLDG

LIGHT INDUSTRIAL

ATTENTION INVESTORS LIGHT INDUSTRIAL

AUTOMOTIVE BLDG

Lond on, Ontario

635 Ð Ð Ð Ð Ð

5,000 square foot building on 1/2 acre 1885 Blue Heron Drive - Lond on, ON showroom, parts room, Ð Offices, Near WalMart, Canadian Tire,service LCBO,bay On site parking for +/- 50 vehicles Winners, Golf Town, Sport Chek....etc Asking $649,000 Ð Fully air conditioned units Ð Gary Grade Pollock loading * * Ð 519.931.2174 Building very well mainted gary.pllock@ cushwakeswo.com Ð Units 1,2 - approximately 2,700 sq.ft.

cushwakeswo.com

Asking Price $ 4, 95 0, 000

And rew J ohnson * INCOME PROPERTY Sale Price $ 519.438.8639 Wind sor, Ontario Lease Rate andrew.johnson@ cushwakeswo.com

LAKEFRONT FARMLAND

RESTAURANT / RETAIL

93,000 sf - free standing industrial, warehouse, office facility Located on 7.05 acres of land 10 cranes ranging from 5-25 tonnes

INDUSTRIAL LAND

David J ongerd en * 519.438.9125 david.jongerden@cushwakeswo.com

AUTOMOTIVE PLAZ A

Sarnia, Ontario 45 King Street - Lond on, ON

Ð Located in a building to be occupied by 300+ office workers 2017 Pkw y & River Rd Veterans Mem inorial Ð Restaurant space available across from Lond on, ON Budwieser Gardens Ð Approximately 9.5 Acres Ð Complete ktichen with a walk-in cooler, 12 ft Ð Excellent to Veterans range hood,exposure gas and electric lines 4 car wash bays Ð Memorial Bright openParkway main floor dining area 2 drive-thruhighway change bays - justtorefreshed ÐÐ Convenient access 401 Owner will assistoilwith improvement 1 drive-thru car wash Ð Z Allowance oned H* and LI2 /touchless or free rent Asking $1,295,000 ÐLease ail traffic count of approp i sfatel Rate $ 19.95 Net 26,000 vehicle per day Poore David Kenn J ongerd en* * 519.438.5588 SALE PRICE $ x224 995 , 000 519.438.9125 kenn.poore@ cushwakeswo.com cushwakeswo.com david.jongerden@

1, 625 , 000 $ 8.00 p sf Net

Ty ler Desj ard ine * 519.438.5403 EW PRICE tyler.desjardine@ N cushwakeswo.com

Brent Rud ell * * * 519.438.5608 brent.rudell@ cushwakeswo.com

Partially tenanted with strong income stream

NOI $215,000 / $567,000 e Gross Income

Pric New $2,500,000 Asking ($27.00 psf)

Ð 93,000 sf - freestanding industrial / warehouse and office facilit Ð Partially tenanted rice w PAcres NÐ e7.05 Ð 16’-30’ foot clear height 201 acres abutting Lake Erie Wilton Grove Rd doors - Lond on, ON Ð 1180 Various grade loading 125 workable and 76 forested acres Ð Southon-site Londonparking location Ð Included Ample is income from Bell Mobility Tower 18,000 square feet, airwith conditioned Ð and 3Ð Phase 600v power several 3 bedroom farmhouse Ð Includes 5,500 sq.tf. of very nicely connection points with various Asking $2,200,000 finished offices amperage’s throughout David J ongerd en car * parking Ð Large lot with 30 Ð 519.438.9125 10 cranes ranging from 5-25 ton Sale/ Price 1, 7 00, 000 Ð david.jongerden@ Indoor Outdoor $ cushwakeswo.com storage Ð $175,000 NOI w/excess $ 1,vacancy 5 00, 000 Gary Pollock * * DOWNTOWN SUITES 519.931.2174 Lond on, Ontario SALE PRICE $ 2, 95 0, 000 gary.pollock@ cushwakeswo.com

PeterPRICE Craig * $ 2, 7 5 0, 000 NEW

519.931.2184 peter.craig@ cushwakeswo.com

And rew J ohnson, Sales Rep resentative 519.438.8639 andrew.johnson@ cushwakeswo.com

STRATHROY AREA

David J ongerd en, Sales Representative 328-4,663 sf professional office suites 519.438.9125 david.jongerden@ cushwakeswo.com Secure elevator access, reception, on-site

VACANT LAND

J am eson Lake * 519.438..8548 jameson.lake@ cushwakeswo.com

RESTAURANT WANTED

BUILD TO SUIT

on, Ontario 42917 Dex Lond ter Line - Central Elgin, ON

on, Ontario 37 0 Alb Lond ert Street - Strathroy , ON Ð 3,165 sq.ft. building on 7.43 acres

Ð 201 Acres abutting Lake Erie

Ð Currently farmed for Corn and Beans 1424 Southd West Ð Sandy Loam andale Light Road Clay soil runs throughout the flat cleared acreage. Lond on,andON

Ð 125 Workable and 76 Forested Acres, as well as Potential a farmhousefor andFuture barn. Development Included is income16.58 from a Bell Mobility Tower Approximately Acres lease on the property Located in Byron outside Urban Located across from Budweiser Gardens Future income potential through the logging and Growth Boundary maple syrup production entertainment centre Many income sources abound as well as future ÐÐ Great access to 400 Series highways Finished restaurant with bar, walk-in cooler development potential Ð Abutting small towns of Komoka,

Ð ÐÐ ÐÐ

and range hood

Delaware Asking Price $ 2, 300,workforce 000 Kilworth Servicing and dense residential/office Ð Z oned AG1 David J ongerd J ongerd en en* * $ 2, 200, 000 David 519.438.9125 SALE PRICE $ 689, 900 519.438.9125 david.jongerden@ cushwakeswo.com cushwakeswo.com david.jongerden@

Brent Rud ell, Broker of Record 519.438.5608 brent.rudell@ cushwakeswo.com

And rew J ohnson, Sales Rep resentative 519.438.8639 andrew.johnson@ cushwakeswo.com

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

8. .5 5 5 5 8888 5 5w 1w 19w 9.cushw . 4. 4338akesw o.com

w w Realw Estate .cushw akesw o.com Brokerage, Independently Owned and Operated

5 19.438.5 5 88

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

w w w .cushw akesw o.com

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

security Professional space planning services available on-site for tenants to customize suites

PRESTIGIOUS BLDG

And rew J ohnson * 519.438.8639 andrew.johnson@cushwakeswo.com

Brent Rud ell, Broker of Record 519.438.5608 brent.rudell@ cushwakeswo.com

COM

LAKE ERIE FARMLAND

267 9Central How ard Elgin, Avenue Ontario Wind sor, ON

Lucan, Ontario

96,024 Square foot building on 6.945 acres Wilton Grove Road - Lond on Various clear heights - 25’ - 9 ‘ Building 96,024 square feet Power Site Area -- 2000 6.495amps acres/ 600 volts Asking Zoned LI 1$4,950,000 ($51.50 psf) Various clear heights - 25’-9’ And rew J ohnson * Easy access to 401 with fenced compound 519.438.8639

andrew.johnson@

A RARE FIND

Ð OneQ storey building / no basement 602 ueens Avenue Ð Zoned C3-4, EP Lond on, ON

systemspace installedin fringe ÐÐ Lifebreath re ier office Ð downtwon Handicap washrooms core Potential for over $50,000 Gross Income per year up to 20,000 square feetincluded ÐÐUnits On-site, free parking in rent Property taxes $12,089 location with(2016) well established ÐÐCorner Over 38,000 square feet businessess inPrice the areafinished ÐAsking ell wired and $ 449,space 900 Asking $799,000 /for Lease Rate user $22/psfbut space ÐLease Preference single Rate $ 10.00 p sf Net may be demised And rewDesj J ohnson Ty ler ard ine * * 519.438.8639 519.438.5403 LEASE RATE $ 14.95 p sf Net andrew.johnson@ tyler.desjardine@ cushwakeswo.com cushwakeswo.com David J ongerd en, Sales Rep resentative 519.438.9125 david.jongerden@ cushwakeswo.com

CUSHMAN & WAKEFIELD

WAKEFIELD SCUSHMAN o u t h w e s t e&r n Ontario

S o Richmond u t h w eSt., s t 2nd ern On t a19r i o 620-A Floor, Box 620-A Richmond St., 2nd Floor, London, Ontario N6A Box 5J 9 19

CUSHMAN & WAKEFIELD 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_3917 London, Ontario N6A 5J 9


ear

Toronto T ! EA TR EAR L C AS

BL

DO

OO

• 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

WN

RL

TO W

OC

AT N I

ON

• 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 CE IDE X S E UP

Brockville

• Asking $5,480,000 • Asking $114,167 per Suite • Located Less than 1 Hour from Ottawa and Kingston • Property has had Many Recent Upgrades including New Efficient Windows, Toilets & Thermostats • Over 50% of Suites have been Upgraded with Nice Finishes • Majority of Two Bedroom Suites are Duplex Style

MA LE RKE A T RE DING NT S

• 2 x Bachelor 5 x One Bedrooms 41 x Two Bedrooms • Significant Upside on Rents on Turnover • 5.0% CAP Rate • 12.3% R.O.I. • Existing 1st Mtg for approx. $2,776,000 at 2.42% due Nov. 2019 to be assumed • Potential CMHC 2nd Mtg and Potential VTB 3rd Available

48 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 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

26 Suites

NT CE RE ES Y D N A MA PGR U

North York

% 6.3 RATE P CA

Vittoria

• Asking $ 650,000

• 3 x One Bedrooms

• Asking $ 72,222 per Suite

Barrie

• Asking $735,000

Dover in Norfolk County

• 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, Roof and Driveway

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

• Treat Financing as Clear

9 Suites

• 1 x One Bedrooms

• Asking $245,000 per Suite

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.

34 Suites

S/ NO RE S NY ADE A M PGR U

LA SU RGE ITE S

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_3917

5G

COM


11307493_3917

v

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_3917

Tony DeSantis


SOLD

• 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

2717_DJW_0016

FROM $15/SF

• 1,500sf light-filled space with ample windows, four offices, washroom and staff room • Full Basement available at low additional cost • Great location with easy access to Highway 7/8, The Boardwalk, both universities and Uptown Waterloo • I-1 zoning allows numerous health, financial, office or personal uses • CAM $11.31/sf • MLS. • Call Duncan McLean

KITCHENER, ONTARIO

519.578.0337

CELL:

• 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 Rawlings

$12.90/SF

50 BATHURST DR., WATERLOO 3517_DJW_0029

281 GODERICH ST, PORT ELGIN 1917_DJW_0071

3917_DJW_0013

$21/SF

$25.00/SF

222 KING ST. SOUTH , WATERLOO 3517_DJW_0030

$249,900

3917_DJW_0012

2317_DJW_0044

#3 - 35 CHERRY BLOSSOM RD, CAMBRIDGE

• 20 year old established catering business • State of the Art industrial kitchen with storefront cafe & temperature controlled trailer • Business includes contracts and assets • Business runs 9-5 weekdays with corporate catering/ cafeteria contracts • Financials etc. are available for qualified buyers • MLS. • Call Christina Rooney 519-654-2408

• 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 #4 - 885 GLASGOW ST, KITCHENER

• 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

• 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

$499,900

$1,295,000

193 WATER ST S, CAMBRIDGE 2317_DJW_0044

$2,800,000

3117_DJW_0015

1917_DJW_0031

• Mixed use building in the heart of Uptown Waterloo • 8 - 4 Bedroom suites and 2 Commercial Units • 13 parking spaces and roof top patio area • On public transit route and a short walk from Uptown Waterloo 3233 ERBS RD, PHILLIPSBURG

• 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

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

34 BRIDGEPORT RD E, WATERLOO

$1,200,000

159 ERB ST W, WATERLOO 1917_DJW_1_0029

$4,995,000

3117_DJW_0014

2317_DJW_0043

• 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

• Easy access to Conestoga Expressway, shopping, restaurants & public transit • Exclusive • Call Neil Koebel

SOLD

153 UNION ST E, WATERLOO

$1,400,000

406 & 408 ERB ST W, WATERLOO

• 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

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

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_3917

• 65,637 sq ft Multi-Tenant Office/Business Centre • 5.14 acres with 515.06' frontage • I2-6 Zoning • Fully leased with long term tenancies in place

v

$8,409,000

3917_DJW_8029

3917_DJW_0011

60 NORTHLAND ROAD, WATERLOO

519.590.7997

Duncan@cmarealty.ca 7G

COM


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

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

CAMPGROUND/DEVELOPMENT OPPORTUNITY

Windsor, Ontario

+ + + +

48.613 acres | 978.12 ft. frontage Situated along highway 401 Close to proposed site of new mega-hospital Asking: $3,950,000

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

+ 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

25,000 sf multi-tenant building High traffic exposure backing onto Hanlon Pkwy 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

MULTI-RESIDENTIAL DEVELOPMENT LAND Waterloo, Ontario

FULLY LEASED INDUSTRIAL INVESTMENT Guelph, Ontario + + + +

Brad Collins* 519 946 3034 brad.collins@cbre.com

INDUSTRIAL INVESTMENT OPPORTUNITY Kitchener, Ontario

LAND OPPORTUNITY Wilmot Township, Ontario

INVESTMENT OPPORTUNITY Kitchener, Ontario + 18,800 Sq. Ft. Fully leased office building + 3.13 Acres of development land + Located in the desirable Sportsworld node

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

11314136_3917

+ + + +

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

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

www.cbre.ca * Sales Representative ** Broker

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

8G

COM


FAMILY RESTAURANT ON BUSY HIGHWAY

CHEMONG LODGE

Kawartha Lakes Restaurant and Bar

Built in 1896 – Owner Retiring – Family Owned Since 1962 Country Dining – Chemong Lodge and so much more!!

• Close to Peterborough for shopping, casino, and hotels • Beautiful rustic building seats 80 inside and 32 outside • Outside patio on corner lot

Famous Restaurant

• 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

Convenience • On shores of Chemong Lake Store • Business for sale • Separate residence & • Located in established large storage community • Be your own boss

ROD HALL Sales Representative

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

• • • •

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

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

11316810_3917

11318179_3917

THIS IS AN OPPORTUNITY OF A LIFETIME, NOT JUST A CAREER BUT A WAY OF LIVING.

Office: (519) 579-4110 Cell: (226) 218-0557 9G

COM


COMMERCIAL, REAL ESTATE & BUSINESS OPPORTUNITIES 10228647_3517

Bill Bradley

Sales Representative

416.258.6866

Independently Owned & Operated

exitwithbill@gmail.com

Unit 2, 1240 Speers Rd., Oakville ON 416.258.6866

FOR SALE

LAND – $1,990,000. PLUS HST

FINISHED MALL $13,900,000. PLUS HST

PRIME 5.2 ACRES OF APPROVED COMMERCIAL LAND READY TO BUILD A 57,700 SQ. FT. PLAZA. PRICE $1,990,000. PLUS HST OR BUY A COMPLETELY FINISHED BUILT PLAZA ON THE 5.2 ACRES WITH 30 RETAIL STORES AND OFFICES PLUS 250 CUSTOMER PARKING ON A VERY BUSY MAIN ST. IN AN AREA WITH APPROX. 90,000 POPULATION AND GROWING.

49 ACRES OF COMMERCIAL PROPERTY – FOR SALE AT $500,000. AN ACRE IN MILTON ONTARIO, WITH A LARGE SCHOOL OR UNIVERSITY PLANNED FOR ACROSS THE ROAD. BUY THIS PROPERTY AND DOUBLE YOUR MONEY IN APPROX. 2 TO 3 YEARS.

LARGE APARTMENT BUILDINGS WANTED BY MY CLIENTS 150 APT. OR LARGER PLEASE CALL ME IF YOU WOULD LIKE TO SELL.

BILL BRADLEY 416-258-6866 REDEVLOPMENT PROPERTIES TO BE CHANGED AND MADE INTO LOVELY RETIREMENT HOMES BY THE BUYER. COST OF PROPERTIES ANYWHERE FROM $1,000,000. TO $10,000,000.

OR

BUY AN OPERATING RETIREMENT HOME THAT HAS BEEN IN BUSINESS FOR A FEW YEARS AND SHOWING A GOOD PROFIT. PRICES DEPENDING ON THE NUMBER OF UNITS THAT ARE IN THE BUILDING OR RENTED. SHOWING A GOOD RETURN ON YOUR MONEY.

CALL BILL BRADLEY 416-258-6866

10G COM

BUYERS ONLY


Volume 17 Issue 10

1

Commercial Real Estate & Business Opportunities

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

INDEX Kitchener, Waterloo & Guelph

4

Southwestern Ontario

12

Hamilton

18

Greater Toronto Area

27

Central Ontario

35

Eastern Ontario

38

Niagara

42

Gatineau Rockland

Haliburton

Business Opportunities

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

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Next issue:

October 28, 2017 Advertising deadline:

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October 16, 2017

Welland Fort Erie Dunnville

For advertising information call

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

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

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2

Commercial Real Estate & Business Opportunities

Volume 17 Issue 10

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

Special Features 14 MARKET MINDED — Canadian economy’s hot streak continues in 2017 22 INSIDER INSIGHT — Richmond Industrial Centre: Economic Impact 24 MONEY SENSE — Canadians keen to support local small businesses: RBC Poll 32 TREB REPORT — GTA Realtors release commercial market figures 36 MARKET MINDED — GTA Market Overview Q2 2017 Colliers Report 44 IN THE NEWS — New data shows federal tax proposals to have harmful effects on vast majority of small businesses GLOSSY SECTION EDITORIAL 12G IN THE NEWS — Ontario introduces new measures to help businesses save time and money 14G LEGALLY SPEAKING — Tenant default . . . What can a commercial landlord do? by Jayson Schwarz

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Volume 17 Issue 10

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Commercial Real Estate & Business Opportunities

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Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

KITCHENER, WATERLOO & GUELPH SECTION COVERING: Cambridge Durham Elora

Fergus Guelph Kitchener Waterloo

For advertising

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

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5

Commercial Real Estate & Business Opportunities

Kitchener/Waterloo Guelph & Cambridge

Volume 17 Issue 10

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_3917

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 8 COLUMBIA STREET WEST, WATERLOO

379 ERB STREET WEST, WATERLOO • $124,000+ Annualized Gross Income Available Here! • Super clean, entry level student apartment building. • Seller has spent tens of thousands of dollars on recent improvements New furnace (January 2016). • Plenty of parking - with easy access in and out of lot. • Historically strong cash flow. Better than brand new with ownership pride evident! • Close to UW, Uptown, and on bus route. • MLS®

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

1,160,000

$

3917_DJW_0032

317 SPRUCE STREET, WATERLOO

29 MARSHALL STREET, WATERLOO

• Over $93,700+ Potential Gross Income! • Meticulously maintained, owner-managed, triplex • Features a 2097 square foot purpose-built addition • Five minute walk to WLU • Fifteen minute walk to UW • Rental licensed, city approved opportunity. • Three 5 bedroom units. • Fully rented • Individual gas and electricity meters • Newer roof • Investor work sheet Available • MLS®

1,095,000

$

2717_DJW_0013

18 CULPEPPER DRIVE, WATERLOO

580,000

$

• $50,000+ Annualized Projected Gross Income Available Here! • Strong positive cash flow with 20% down. • Spacious duplex with large, purpose built addition! Almost like two houses for price of one. • Six rooms rented to end of August, 2018. Two rooms rented to end of April, 2018. • This is the ideal opportunity for student investor that seeks security in a AAA location or parent buyer looking to make money while kid is going to school. 3917_DJW_0033 • MLS®

1-12 BRIDGEPORT ROAD E, WATERLOO • $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®

419,900

$

• 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®

314,900

$

Please say you saw it in The Commercial Investor

1917_DJW_0018


6

Volume 17 Issue 10

Commercial Real Estate & Business Opportunities

Premier Realty & Auctions Inc. Brokerage

519-291-2299 peakpremier1@wightman.ca

Ron Finch

Your nexthome is here!

Broker

519.292.9540

roncfinch@gmail.com

FOR SALE OR LEASE 3917_DJW_8006

Up to 12,000 sq ft available for a variety of commercial uses in a high traffic location in downtown Listowel. Great location for your business. Newer building with 14 ft ceilings. Lots of parking. For more info please call Ron Finch 519-292-9540 11312387_3917 roncfinch@gmail.com

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

What our clients are saying about us

SOLD Jun 10 -

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• Large SOLD BY and WINCORP • Have many Small Apartment REALTY Buildings INC. • Specializin CASH Buye anywhere rs in Ontario • Reference g in multi-resid ready to inves ential sales t NOW • Confidenti s supplied for over ality guara 40 years nteed CONTACT: WINSTON WINCORP DAVIE REALTY INC. REAL S, BROKER OF RECORD ESTATE BROKERAG TEL: 519E GUEL 836EMAIL: PH,ONTARIO wjmdavies 2080 @rogers.c om

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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

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

NT PROPER

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rental build lot for sale ing PLUS prime 1 Bay Stree comm t, Baysville, ercial building Ontario $495,00 0.00 overlookin g Lake Visit webs ite: <bay of Bays dam-site streetboys for full inform .ca> Contact: george@ba ation ystreetboy s.ca or Tel:

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Over 6 acres of Indust on main busy County rial zoned (M1-1) property uses under Rd with approx current zoning 121 in Fenelo . beautiful n Falls. include High traffic 89ft of road frontag Centur e fenced storag y Home with Large boat repair and exposure. Permit e area & Shop & Works furniture repair ing chang so much shop. Reside ted hop e to in a motor vehicle M1, custom workshmore to offer!! Additioareas each approx 20`x40` & op, industr nal parts, Busine ial mall, warehuses dependent ss/Profession on zonousing, dry al office, HEATHE etc. MLS# land 631600202, marina, R AHR X3763501 Email: Heat REMAX All-Sta ENS Sales Repre rs Realty herAhrens senta @remax.ne Inc., Brokerage tive Phone: 705t

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Kitchener/Waterloo Guelph & Cambridge

Independently Owned and Operated

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


7

Commercial Real Estate & Business Opportunities

Kitchener/Waterloo Guelph & Cambridge

Volume 17 Issue 10

11236833_3917

Please say you saw it in The Commercial Investor


8

Volume 17 Issue 10

Commercial Real Estate & Business Opportunities

Kitchener/Waterloo Guelph & Cambridge

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

PHONE: 519-743-5211

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 Low cost office space. Utilities extra. Gary Boudreau* Drive up retail unit with signage on Highland Rd. COLDWELL BANKER COMMERCIAL 752 SF - 26,000 SF ∙ From $18.00/SF ∙ Centrally trafficR E road C ES E I N D Ulocated S T R IonA Lhigh / WA H Oin Ua Shigh E FROERTASIAL L/ EO/FLFEI A Breslau ∙ density residential area. Strong tenant support. MLS: 30529258/30529248/30529120 SF · $16.95/SF · MLS:30535669 ∙· Kitchener PETER BENNINGER REALTY,1,824 BROKERAGE FOR LEASE/SALE

FOR SALE/LEASE

New Visibility,inFree on-site parking. ew Building, etail eHigh elopment a growing under508 RIVERBEND DRIVE, KITCHENER, JohnoHoffman*/Gary ser i ed ON. area ariet ses permittedBoudreau* ad site 1,740 SF · $32.00/SF · MLS: 30554732 · Waterloo Former restaurant/bar located in University District. w dri e-thru is a ailable James Boudreau**/ PHONE: 519-743-5211 1,197 SF · $14.00/SF · MLS: 30558849 · Waterloo On-site parking. Corner Unit. Lester Tobin* Gary Boudreau* St ronting on Erb 5,800 SF ∙ $725,000 ∙ MLS: 30599428 ∙ Ayr Located in corner building at King St. Ample parking nearby. Lester Tobin* Located at the gateway to Urban Ayr. Ideal for 3,100 SF · $10.00/SF · MLS: 30543869 · Waterloo 909 SF · $800/mo. · MLS:30560474 · Kitchener 1,843 - 5,947 SF ∙ $20.00/SF ∙ Kitchener RorEpla TAe oIHigh Lworship / exposure O F F I C& Etraffic. oMedical e et Colin Vogel* office space Ample Low cost office space. Utilities extra. Gary Boudreau* 388SF · $895/Month · MLS: 30557365 · Waterloo

S

FOR SALE/LEASE

∙ ew retail pla a on Huron

onsite free parking, large windows, close to public Utilities Included. private office. 2ndon-site oor. d with tra Finished i and exposure ample transit,SFUniversities & Conestoga College Tobin* 1,824 · MLS:30535669 · Kitchener SF high · $16.95/SF 830 ∙ $1,250/month ∙ MLS:Lester 30595092

Large window provides lots of natural light. Sept 1/17 dri e-up par ing Lester Tobin* New Building, High Visibility, Free on-site possession. Colinparking. Vogel* John Hoffman*/Gary Boudreau* · MLS: 30502665 Kitchener 1,488 1,413 SF SF· ∙$26.00/SF $2,200/Month+HST ∙ MLS:· 30516996 1,197 SF · plaza $14.00/SF ·loMLS: · Waterloo New retail on corner of30558849 Fischer and ation or Hallman edi al use Kitchener ∙ reat Located corner ronting on Erb SeabrookinDr. Highbuilding exposureat-King highSt traffic. Ample on Gary Boudreau* St. Ample parking nearby. Lester Tobin* 3,100 SF · $10.00/SF · MLS: 30543869 · Waterloo site drive-up parking. redevelopment for increased density. Medical office space High exposure & traffic. Ample 890 SF ∙ $1,890/Mth. ∙ MLS: 30557318 388SF Waterloo 890 SF · · $895/Month $1,890/Mth. · MLS: 30557365 30557318 · Kitchener Benninger**/Chris 10,000freeSFparking, ∙Peterivisi lewindows, ∙ From $8.00/SF onsite large closeKolednik** to public Kitchener ∙ reat asement spaoffice. e behind Utilities Included. Finished private 2nd grand oor. MLS:30595115/5127/5133, egionall transit, Universities & ConestogaBreslau College ∙Lester Tobin* Great Basement space behind grand river hospital 30,359 SF • 1,363 SF Mezz. • $3,450,000 • Waterloo More Large window provides lots natural light. Sept 1/17 units available. Call oftoday! Chris Kolednik** ri er hospital ore units a ailable Call toda Central O e Spa e x ep onal uilding Vogel* 2.71 Ac.(+/-) Professionally nished office space. possession. ChrisColin Kolednik** 2.69 Ac. · $4,100,000 Waterloo 22,383 SF · James inishesdesign Boudreau**/ Gary&·Boudreau* Unique with sky-lighted hallway many sky- 390 SF · $850/Mth. · MLS: 30555731 · Kitchener Purpose built office building, conveniently located at 1,488 SF · $26.00/SF · MLS: 30502665 · Kitchener lights throughout. Features an execu ve boardroom Located directly behind grand river hospital. Unit is 1,114retail SF ∙plaza $12.00/SF ∙ EXCLUSIVE ∙ Kitchener a high pro le intersec on. Currently nished for New on corner of Fischer Hallman and 25,325 SF ∙ $16.00/SF MLS:30584853 ∙ Waterloo catering, many smaller perfect for medical practitioner looking for short w/adjoining kitchene e∙ for professional office user, but presents an ideal Seabrook Dr. High exposure high oo ing occupancy. - general pra tomore ta Ample e o info! erona term Call - oners for traffic. es, changeuilding room with & shower boardrooms/kitchene ow C s are reestanding High opportunity for medical conversion or complete site drive-up parking. Tobin* n Lester ludes ull Kolednik** facili es. ColinorthVogel*/Peter Benninger**/ xposure a ing xpresswa bdensity. medi al o e o a re red do torChris redevelopment for eld increased e uipped exam rooms built in re ep on area Chris Kolednik** reat par ingPeter ra Benninger**/Chris o antas Kolednik** nishes 890 SF · $1,890/Mth. · MLS: 30557318 · Kitchener 1,071 · $18.50/SF · MLS:30558620 Waterloo wai ngSF room washrooms ogrand ated river in · bus retail Great Basement spaceinbehind o n o an* Main oor opportunity well known, award hospital winning · MLS: 30551894 ·• Waterloo Waterloo More 1,957 SFSF· • $22.00/SF pla a units withavailable. a Call Shoppers rugKolednik** art 30,359 1,363 SF Mezz. • $3,450,000 today! Chris away from Great Ac.(+/-) Opportunity to get in at the ground level! building. High traffic intersection. Seconds Lester Tobin* 2.71 Professionally nished office space. 3,058 SF ∙ $18.00/SF ∙ MLS: 30584437 ∙ Waterloo Hwy 85. Colin Vogel* Many permitted uses allowed - unit divisible. Call for 390 SF · $850/Mth. · MLS: 30555731 · Kitchener Unique design with hallway many eautiinformation! ull inished sky-lighted o i e Centrall lo & ated to sky-W Located directly behind grand river hospital. Unit is more Kolednik** ve boardroom lights throughout. Features an execuChris 22,383 SF ∙ 2.69 Acres ∙ $4,100,000 ∙· Kitchener Exclusive · MLS:30538511 and uelph arge wrap around windows ix o 1,184 SFfor· $12.00/SF practitioner looking recep short w/adjoining kitchene e for catering, many smaller perfect Turn-key office. 5 exam on, Waterloodoctors ∙medical Purpose built rooms, o e for building pri ate o i es meeting rooms and open spa e 3,436 SF · $26.00/SF · MLS: 30554611 · Waterloo term occupancy. Call for more info! boardrooms/kitchene es, change room & shower kitchene e, 2 washrooms & storage. Centrally lo ated at a high pro le interse Chris on Kolednik** Currentl Former bar/night club in University District. On-site Colin Vogel* facili es. Colin Vogel*/Peter Benninger**/ located in high density residen al area. Traffic counts nished or pro essional o e user presents an drive-up parking. High exposure, traffic. over Chrishigh Kolednik** 41,000 cars. Strong tenant support, Shoppers 1,071 · $18.50/SF or · MLS:30558620 Waterloo ideal SFopportunit medi al on · ersion or Lester Tobin* Drug 1,957 SF ∙ $15.25/SF ∙ MLS: 30551894 ∙ Waterloo Mart, Dollarama, Sco abank, Swiss Chalet and Main oor opportunity in well or known, award densit winning omplete rede elopment in reased $22.00/SF · MLS: 30551894 · Waterloo 1,957 SF · many more. Lester Tobin* reat Opportunit to get in at the ground le el building. High traffic intersection. Seconds away from 752 SF - 26,000 SF · From · level! MLS: Peter Benninger**/Chris Kolednik** Great to get in at $18.00/SF the ground an Opportunity permitted uses allowed - unit di isible 85. Colin Vogel* 30529258/30529248/30529120 · Breslau Many permitted uses allowed - unit divisible. ·CallNew for Hwy 1,900 SF • $19.25/SF • MLS# 30543088 Chris Kolednik** Retail Development in a growing, underserviced area. Waterloo more information! Chris Kolednik** • Prime retail/Salon space in ∙a Kitchener very busy 390 SFSF ∙ $850/Mth. ∙ ·MLS: 30555731 1,184 · $12.00/SF MLS:30538511 · Kitchener Variety of Uses permi ed. Pad site with drive-thru is neighbourhood plaza. Zoning allows many uses, the o ated dire tl behind er Hospital nit Turn-key doctors office. 5 rand exam i rooms, recep on, 13,600 SF ∙ $12.95/SF ∙ MLS:30569307 available. James Boudreau**/ Gary Boudreau* unit is set up a salon. Roman 3,436 SF · $26.00/SF · MLS: 30554611 · Waterloo kitchene is per e t e, orfor al pra titioner loo ingGinzburg* or short 2medi washrooms & storage. Centrally O i e spa e with large windows High Kitchener ∙ Former bar/night club in University District. On-site located in high density residen al area. Traffic counts term OFFICE o upanSPACE AVAILABLE · MLS Chris 30551734 Kolednik**· 1,843 - street 5,947 rontage SFHigh · $20.00/SF ·highin Kitchener exposure High xposure hi-tech drive-up parking. exposure, traffic. AAA over 41,000 cars.114,033 Strong tenant Shoppers· SF ·support, $11.50/SF MLS:30505595/5597· New retailSteve plaza Gerakopulos* on Huron Rd. WATERLOO · orridor Lester Tobin* abank, Swiss and Drug Dollarama, 1,071Mart, SFlly∙ $18.50/SF ∙Sco MLS:30558620 ∙Chalet Waterloo finis ed, ample parking, natural light with high traffic and exposure, ample on-site Beauti many more. Lester Tobin* throughout. Divisible from 21,000 SF. ain loor opportunit in well nown award win drive-up parking. Lester Tobin* 752 SF 26,000 SF · From $18.00/SF · MLS: 30,359 SF 1,363 SF Mezz.∙2.71 Ac.(+/-)∙ James Boudreau** ning building tra i interse tion Se onds 30529258/30529248/30529120 · New∙ 1,900 SF • High $19.25/SF • MLS# 30543088 ∙ Waterloo $3,450,000 ∙ MLS#30582126· Breslau MLS: 30523827 · Kitchener 1,114 Development SF · $20.00/SF Retail in ·a growing, area. 532 awa SF rom Hw retail/Salon Vogel* Waterloo Prime space inColin a· very busy · •$1,050/mth · MLS:30526564 Waterloo ro essionall nished o e spaunderserviced e niin uecentrally design Last unit available ed. Padexposure site with drive-thru is Newly Variety of Uses permiw/high neighbourhood plaza. Zoning allows manyoor uses, the renovated, nished office on 2nd in well w s -lighted hallwa man s lights located retail plaza.James DriveBoudreau**/ up unit on high rd. in unit available. Garytraffic Boudreau* is set up∙forwinning a$14.00/SF salon. building Roman Ginzburg* 1,197 SF ∙ MLS: 30558849 known, award avail. for sublease.∙ throughout eatures an exe u e boardroom high density residen al area. Traffic counts over Waterloo ∙ o plenty ated inof orner at ing St Large windows, naturalbuilding light. High traffic w ad oining it henette atering Shoppers man smaller 40,184 cars. Strong support. Drug AAA OFFICE SPACE AVAILABLE · MLS 30551734 · 1,843 - 5,947 SFtenant · or $20.00/SF · Kitchener 40,000 carsing daily. 24/7 intersec ronting ononseesrb almost St mple par nearb abank, Swiss Chalet and many Mart, Dollarama, Sco New boardrooms it henettes hange room shower WATERLOOreader · 114,033 SF · $11.50/SF MLS:30505595/5597· retail plaza on Huron Rd. electronic board on University Ave. Ideal for· Lester Tobin* more. Lester Tobin* Beauti lly finis ed, ample parking, light a ili es ColinandVogel*/ Peterample Benninger** with high traffic exposure, on-site professional office or personal services. natural Colin Vogel* Divisible from 21,000 SF. drive-up parking. Tobin* throughout. ChrisLester Kolednik** 839 SF ∙ $1,150.00/Month ∙ James MLS:KW1537515 * Sales Representa ve Boudreau** www.coldwellbankercommercial.ca $20.00/SF ·∙ MLS:30562379 MLS: 30523827 ·∙ Kitchener Kitchener Kitchener ∙ inished o i e great or medi al 1,114 SF 5,652 Email :·∙ $14.50/SF Commercial@coldwellbankerpbr.com **SFBroker 532 SF · $1,050/mth · MLS:30526564 · Waterloo Last unit available w/high exposure in centrally ser i e use low ommon ees on transit route Class O i e Spa e. ew uilding Newly renovated, nished office on 2nd oor in well located retail plaza. Drive up unit on high traffic rd. in exis ng tenants in lude Short Stop aming High isibilit ree on-site par ing known, award winning building avail. for sublease. high density residen al area. Traffic counts over Cur es S o aban Gary Boudreau* Large windows, plentymore of natural light. High traffic Johntenant Hoffman*/ Gary Boudreau* 40,184 cars. Strong support. Shoppers Drug intersec on sees almost 40,000 cars daily. 24/7 Mart, Dollarama, Sco abank, Swiss Chalet and many * Sales Representative Lester Tobin* electronic reader board on University Ave. Ideal for www.coldwellbankercommercial.ca more. professional office or personal services. Colin Vogel*

Waterloo ∙ Great o e spa e w own entran e 22,383 SF · 2.69 Ac. · $4,100,000 · Waterloo 1,740 30554732 Waterloo lo atedSF ·in$32.00/SF ptown · MLS: an hored b · State arm Purpose built office building, conveniently located at Former restaurant/bar located in University aDistrict. e Spa e is best small on. intended Currently ornished for ansuran high pro le intersec On-site Corner Unit.te h start up Lesterormerl Tobin* oprofessional e parking. a ounoffice ng user, rm but presents an ideal used as a ph for sio spa e conversion ChrisorKolednik** opportunity medical complete

Email : Commercial@coldwellbankerpbr.com ** Broker

Lester Tobin*

800 SF · $21.00/SF · MLS:30543919 · Waterloo Main oor opportunity. High traffic intersection of 2,800 - 6,100 ∙ $6.95/SF University & SF Bridge. Seconds∙ Waterloo from Hwy∙ MLS 85. 30596411/30596472 · o ated Colin in Vogel* orth 1,184 SF · mins $16.00/SF MLS:30538507 · Kitchener aterloo rom · ni ersities xisting S 920 · MLS: · Waterloo Drive retail with signage Highland Rd. o oSFup i· e$1,999/Month loorunit drains dri e30557358 in on shipping doors Utilities renovated, finis in ed aoffice. CentrallyIncluded. located Newly on high traffic road high Steve Gerakopulos* 2nd oor,residential 4 large windows abundance of density area. provide Strong an tenant support. natural light. Portion of unit is vacant Lester and ready for Tobin* 50,000 SF ∙ 3.87 Acres ∙ $2,895,000Colin · Brantford occupancy. Vogel* 800 SF · $21.00/SF · MLS:30543919 · Waterloo MLS 30590407 · Outdoor Storage ermitted Main SF oor opportunity.· MLS:30524639 High traffic intersection of 1,114 n ome in· $12.00/SF pla e or a user in estor- · Kitchener all listing University Bridge.prac Seconds Hwy oners from to take over85.a Looking 1-2&general agent or in ome details Steve Gerakopulos* Colin Vogel* 4 fully medical office of a re red doctor. Includes equipped exam rooms, built in recep on area, 920 SF · $1,999/Month · MLS: 30557358 · Waterloo TRANSPORTATION TERMINAL FOR SALE ng room & washrooms. Located in busy retail wai Utilities Included. Newly renovated, finis ed office. 18,000 SF a· Shoppers 2.25 Ac ·Drug $3,050,000 30577766 plaza with Mart. · MLS: Lester Tobin* 2nd oor, 4 large windows provide an abundance of · Guelph · Portion reestanding ru erminal ull naturalSFlight. of unit is vacant and ready for 5,652 MLS:30562379 · Kitchener en ed w· $12.50/SF ele troni · gates inutesColin rom the occupancy. Vogel* New Building, High Visibility, Free on-site

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Lester Tobin*

5,652 SF SF · · $12.50/SF 1,413 $12.00/SF ·· MLS:30562379 MLS: 30516996 ·· Kitchener New location Building, High use. Visibility, Gary Free on-site Great for Medical Boudreau* 9,360 SF ∙ $6.50/SF ∙ MLS: 30501592 Kitchener parking.. John Hoffman ar ∙ o reau* 839 SFs· $12.00/SF · MLS:KW1537515· Kitchener do shipping area s o iew PROFESSIONAL OFFICE SPACE FOR LEASE Finished office great for medical & service use. low dri ers area new doors bright spa e 1,800 SF • $15.00/SF common fees, on • MLS# transit30564411 route, •Waterloo exis ng John Hoffman* Good Exposure ErbStop, St. Unit on site tenants include on Short KW features Gaming, Curves, parking, 4& private open work or more. offices and largeGary Boudreau* Sco abank 30,000 SF on 6.82 Acres Roman ∙ $1,499,000 classroom space. Ginzburg*∙

MLS:30574802 ∙ 607 Little Pike Bay Rd. Lions

1,413 SF · $12.00/SF · MLS: 30516996 · Kitchener I N Dlocation U S∙ Tfor RMedical I A Luse /use. WA R EGary H O U SHigh E Head, ON. re ious was manu a turing Great Boudreau*

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839 · $12.00/SF Kitchener arSFeting ideo · MLS:KW1537515· Eric Frey* Finished office great for medical & service use. low common fees, on transit route, exis ng 11,000 SFSF+ 1,850 SF Bungalow 16,217 · $875,000 · House MLS: ∙ $899,000 30552428∙ tenants include Short Stop, KW Gaming, Curves, New Hamburg · Well located just 30574746 off hwy 7, 117 abank East Rd. Lions Head, ON. MLS: & more. Gary Boudreau*∙ Sco well building on 2 acres an built uses permitted ossible edi al ofrowland. Op Ceilings 13’ - 18’ clear. Hoffman* outubefromropert ddress or arJohn eting ideo

I N D U S T R I A L / WA R E H OEric UFrey* SE

LIGHT INDUSTRIAL WITH RETAIL EXPOSURE 15,520 SFF ·O$5.50/SF R L E A· London S E / S ·AMLS: L E 30544783 Corner property with high traffic. Zoning permits many uses. Ample on-site parking. Lester Tobin* 16,217 SF · $875,000 · MLS: 30552428 7,909 Hamburg SF · $5.25/SF MLS: 30555069 · Ayr New · Well ·located just off hwy 7, Secondsbuilt to hwy #401. Good industrial well building on clean 2 acres of space. land. Boudreau**/Gary Ceilings from 13’James - 18’ clear. JohnBoudreau* Hoffman*

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

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ivisi le ∙ MLS 30590407 ∙ Cambridge

* Sales Representative LIGHT INDUSTRIAL WITH $ 6.50/SF Gross or total spa eRETAIL or pri e EXPOSURE per unit 15,520 SF · $5.50/SF · London · ** MLS: 30544783 units i isible to as small as BrokerS Corner property with high traffic. Zoning permits arehousing Ser i on-site e a sparking. ight anu a Tobin* turing many uses. Ample Lester Steve Gerakopulos*

7,909 SF · $5.25/SF · MLS: 30555069 · Ayr Seconds to hwy* #401. Good clean industrial space. Sales Representative James Boudreau**/Gary Boudreau*

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

8331512_3917

Sold

parking.. John Hoffman ar o reau* 1,114 SF · $12.00/SF · MLS:30524639 · Kitchener Steve Gerakopulos* oners to FOR take over Looking 1-2 general prac SPACE PROFESSIONAL OFFICE LEASEa doctor. Includes 4 fully medicalSFoffice of a re •red 1,800 $15.00/SF MLS# 30564411 10-20,000• SF ∙ $4.41/SF ∙ Kitchener ∙•Waterloo Exclusive equipped exam on rooms, built recep ononarea, Good Exposure Erb St. Unitin features site Ceiling lear x loading doors ng height room & washrooms. in do busy retail wai parking, 4 private offices andLocated large open work or on ewith or space. ator Drug alarm s stem sur eillan plaza a ele Shoppers Mart. Lester Tobin*e classroom Roman Ginzburg*

Please say you saw it in The Commercial Investor

** Broker

* Sales Representative ** Broker


Volume 17 Issue 10

9 Kitchener/Waterloo Guelph & Cambridge

Commercial Real Estate & Business Opportunities

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 LAND FOR SALE Ceiling height 13’ clear . (2) 8’ x 8’ loading dock doors COLDWELL BANKER COMMERCIAL conveyor, elevator, alarm system, surveillance system, sprinklers, washrooms. Lester Tobin* 7.4BROKERAGE PETER BENNINGER REALTY, Acres · EXCLUSIVE · Waterloo Large scale redevelopment opportunity with 508 RIVERBEND DRIVE, KITCHENER, ON. income over $800 k. Close to both 9,360 SF · $6.50/SF · MLS: 30501592 · Kitchener current annual TRANSPORTATION BUSINESS FOR SALE STUDENT RENTAL/ RE-DEVELOPMENT 7,699 sf 16 dock shipping area. 1,661 sf office Universities. Bill Halpenny* PHONE: 519-743-5211 $685,000 ∙ MLS:doors, 30564031 ∙ 0.15space! Acres $1,350,000 · MLS 30573316 · Guelph · Long Standw/drivers ∙ Waterloo area, new bright ing (29 years in EXCLUSIVE business) ·Carrier and Hoffman* student rental 66.58 ∙ 4 bedroom building ∙ Prime John Ac.· $2,200,000· Cambridge equipment. Minutes from the 401. Sold with consideration to change OP Being designation to 10-20,000 SF · $4.41/SF · Kitchener · MLS: 30512810 location. Ideal student re-development site. Under L A N D F O R Steve S Peter A LGerakopulos* EBenninger** 30,400height SF · 43.09 Ac.. ·(2)$3,400,000 | $10.00/SF MLS 30577766. Ceiling 13’ clear 8’ x 8’(student) loading dock rental doors industrial. Currently bedroom MLS: 30525493/30525439 · Cambridge ·surveillance New finish conveyor, elevator, alarm system,Lester property. Tobin* EVELOPMENT LAND FOR SALE to food sprinklers, grade, insulated panels, someLester equipment, system, washrooms. Tobin* D BANQUET RESTAURANT · FOR SALE 7.4 Acres HALL/ · EXCLUSIVE Waterloo 3 . 5 8 A c . · $875,000 · MLS : 30506497/30506504 spiral freezer,4 docks Room to expand. Large scale redevelopment opportunity with $2,100,000 ∙ MLS: 30584493∙ St 8,000 SF,4.3 Ac ∙ 975 SF ∙ $385,000 ∙ MLS: 30589310 ∙ Hoffman* Waterloo Conestogo · Backs onto forested area. Excellent John 9,360 SF · $6.50/SF · MLS: 30501592 · Kitchener current annual income over $800 k. Close to both Jacobs ∙ Extensive renovations James to building and Fantastic Opportunity for the savvy business redevelopment opportunity. Boudreau** 7,699 sf 16 dock shipping area. 1,661 sf office Universities. Halpenny* grounds. Includes furniture/cookingBillequipment. investor. Opportunity. w/drivers HANDS area, OFF new Investment doors, bright space! 6.60 Ac. (+/-) Commercial/Retail · 2.94 Ac. Site includes a freestanding home (included). Great I N Vspace E S TtoM ErunN Tyour F O business RJohnSHoffman* A L Efrom. 66.58 Ac.· $2,200,000· EXCLUSIVE · Cambridge $1,000,000 Per Acre · Exclusive Gerakopulos* Chris Kolednik** (+/-)Residential· Under consideration to changeSteve OP designation to Tremendous Opportunity on major arterial road. 30,400 SF · 3.09 Ac. · $3,400,000 | $10.00/SF industrial. Peter Benninger** Considerable exposure along Ottawa St. Concepts 2,200 SF ∙ $89,000 ∙ MLS:30551440 ∙ Waterloo RMLS: E T A30525493/30525439 I L O R RENTAL/ R E D E V· ECambridge L ORE-DEVELOPMENT P M E N· TNew Sfinish I T E for STUDENT 140L A stacked D E Vres E Lportion O P Msince E incl. N T 1985, N D town F O RhomesS Aor L Ea to foodSF/0.12 grade, insulated some ∙· equipment, Established located $685,000 · Waterloo · MLS: 30564031 0.15 Acres 134 1,586 Acres ∙ panels, Exclusive $899,000 unit retirement homes orin uptown a 134 core unit 3 . 5 8 A c . · $875,000 · MLS : 30506497/30506504 spiral freezer,4 Room rental to location. expand. steps away from parking and new LRT station. 4 bedroom · Prime student Peter Benninger** Kitchener ∙ building Uniquedocks High Profile Location. Corner retirement ·facility. Backs onto forested area. Excellent John Hoffman*4 Conestogo Idealbeside student re-development site. Currently Liquor license. Lester Tobin* Lot farmers market. Great redevelopment re- development Boudreau** bedroom (student) rental property. HIGH DENSITY opportunity. MIXED USE James DEVELOPMENT

INVESTMENT FOR SALE

site,

parking

lot,

etc.

Lester

BUSINESS FOR SALE

Tobin*

Lester Tobin* 3.25 Ac · $4,250,000 · EXCLUSIVE · Kitchener 4,437 Ac. SF (+/-) ∙ $399,000 ∙ MLS: 30576706 Commercial/Retail · 2.94 Ac.∙ I N V E S T M E N T F O R S A L E 6.60 Frontage on 2 major streets at the gateway to (+/-)Residential· $1,000,000 Persince Acre 1996, · Exclusive Waterloo ∙ Established INVESTMENT / OWNER-USER PROPERTY MLS: 30552610 · $ 4 , 2 5 0 , 0 0 0 · Listowel downtown Kitchener. Excellent access to Hwymany 401 Tremendous Opportunity on major arterial road. locations throughout Ontario. Family style 4,982 $1,562,500 ∙ Waterloo ∙ EXCLUSIVE LocatedSFin∙ South Western Ontario, this European via Hwy 8 Directly on proposed light rail transit Considerable exposure along Ottawa St. Concepts restaurant with liquor license and seating for 160 owned retail motelunits for the last 230+ years offers four route. Peter Benninger**/Colin Vogel* Three & one bedroom apartment STUDENT RENTAL/ RE-DEVELOPMENT for res portion incl. 140 stacked town homes or a seasons of business year + 50 on patio. Lester Tobin* w/loft. Corner property on newincome LRT Acres line. 134 $685,000 · Waterloo ·with MLS:consistent 30564031 · 0.15 unit retirement homes or a 134 unit round. Call and forample more details! Approx. 217 Acres · EXCLUSIVE · Waterloo 4 bedroom building · Prime student rental location. Parking on-site parking nearby. retirement facility.Being Farmed. Peter Benninger** · Currently ChrisCurrently Kolednik**4 Region T A U R A N T Call F Ofor R infoS Apkg! LE Ideal student re-development site. Lester Tobin* S E A F O O D R E SPeter Benninger**/Colin Vogel* bedroom (student) rental property. HIGH DENSITY MIXED USE DEVELOPMENT 2,419 SF ∙$550,000 ∙ MLS: 30539874 ∙ Kitchener COMMERCIAL INVESTMENT/RE-DEVELOPMENT Lester Tobin* 3.25 Ac · $4,250,000 · EXCLUSIVE · Kitchener Land: .1452 Ac. Buildings: 4,685 SF · Kitchener · MLS: Profitable business. Sellers retiring after 20 Frontage on atincluded. the gateway All 30555816 · $1,999,900 · Bundle of 3 properties being successful B Uyears! S 2I Nmajor E Sequipment Sstreets FOR S A L ELeasetois MLS: 30552610 · $ 4 , 2 5 0 , 0 0 0 · Listowel downtown Kitchener. Excellent access to Hwy 401 sold as one in the Downtown Core. Current Net renewable. Gary Boudreau*/ James Boudreau** Located in South Western Ontario, this European via Hwy 8 Directly on proposed light rail transit Income: $72,391.00 Call for details! Lester Tobin* owned motel for the last 30+ years offers four route. Peter Benninger**/Colin Vogel* 2,548 SF SF ∙· $249,000 $89,000 ·∙ MLS:30545077∙ MLS:30551440· Kitchener Waterloo seasons DENSITY of businessMIXED with consistent income year 2,200 HIGH USE DEVELOPMENT R E T A I L O R R E D E V E L O P M E N T S I T E Approx. 217 Acres · EXCLUSIVE · core Waterloo Elegant casual located in located in uptown steps round.Ac ∙ $4,250,000 Call for more ∙ Kitchener details! Established since 1985, restaurant 3.25 ∙ EXCLUSIVE 1,586 SF/0.12 Acres · MLS:30547706 $899,000 away Being Farmed. forexposure. infoLiquor pkg! Region · Currently from parking andHigh newtraffic, LRTCall station. Sportsworld Crossing. high Chris ·Kolednik** Frontage 2 major at the gateway to Kitchener ·onUnique Highstreets Profile Location. Corner Lot Peter Benninger**/Colin Lester Vogel* Tobin* license. downtown Kitchener. access to Hwy beside farmers market. Excellent Great redevelopment site, COMMERCIAL INVESTMENT/RE-DEVELOPMENT 401 via Hwy 8 Directly on proposed light rail . Lester Tobin* parking lot,Ac.etc Land: .1452 Buildings: 4,685 SF · Kitchener · MLS: 4,437 30516625 ∙· Kitchener Waterloo 4,393 SF SF ·∙ $450,000 $359,000 ·∙ MLS: MLS:30546489 transit route. Peter· Bundle Benninger**/Colin Vogel* 30555816 · $1,999,900 of 3 properties being Established B U Ssince I N1996, E S available Smany F Olocations Rin high S Atraffic L E locathroughout Established franchise sold as one in the Core. PROPERTY Current Net Ontario. Family style restaurant with liquor license INVESTMENT / Downtown OWNER-USER tion with great tenant support. 160 seats. Full Tobin* and seating for 160 + 50 on patio. Lester Tobin* Income:Ac.∙ Call for details! Lester 4,982 SF$72,391.00 · $2,250,000∙ $1,562,500 ·EXCLUSIVE Waterloo ·∙ Cambridge EXCLUSIVE 66.58 training available. Lester Tobin* Three retail units & one 2 bedroom apartment 2,200 SF · $89,000 · MLS:30551440· Waterloo Under consideration to change OP designation to w/loft. line. S E A F O O D sinceR1985, E S T Alocated U R A N Tin uptown F O R coreSsteps ALE R E T A I LCorner O Rproperty R E D on E V Enew L O PLRT MEN T Parking S I T E Established industrial. Peter Benninger** 2,419 3,500 from SF ·∙$550,000 $199,000and ∙ MLS:30539427∙Waterloo SF · MLS: 30539874 · Kitchener 1,586 · MLS:30547706 and Acresample parking · $899,000 nearby. away on-site SF/0.12 parking new LRT station. Liquor business. Sellers retiring after 20 Lester Tobin* Kitchener · Unique High Profile Location. Corner Lot Profitable Prime location in Waterloo’s University District. Lester Tobin* license. Approx. 217 Acres EXCLUSIVE ∙ Waterloo years!forAll15equipment included. Lease is beside farmers market.∙ Great redevelopment site, successful Liquor license people. High Income/High Gary Boudreau*/ JamesLester Boudreau** Tobin* parking lot, etc. · Being Region Currently Farmed. Lester for info renewable. 975 SF · ∙$385,000 MLS: 30560590 ·CallWaterloo $450,000 · MLS: 30516625 · Waterloo 4,437 SF · low Sales and rent. Tobin* Fantastic Opportunity for the savvy business pkg! Peter Benninger**/Colin Vogel* Established since 1996, many locations throughout $249,000 · MLS:30545077· Kitchener 2,548 SF · investor. HANDS /OFF Investment Opportunity. Great Ontario. INVESTMENT OWNER-USER PROPERTY FamilyBUSINESS style restaurant with liquor license CAR WASH FOR SALE ∙ Sportsworld EXCLUSIVE casual located space SF to· $1,562,500 run your business from. Elegant 4,982 · Waterloo · EXCLUSIVE seating for restaurant 160 + 50 on patio. in Lester Tobin* 6.60 Ac. (+/-) Commercial/Retail ∙ Exclusive and Brantford ∙ Full service, fully automated car wash Chris Kolednik** Three retail units & one 2 bedroom apartment Crossing. High traffic, high exposure. Lester Tobin* Tremendous Opportunity on major arterial road. major trafficRarea. Tobin* w/loft. Corner property on new LRT line. Parking SinE A FOOD ESTAURANT FLester OR SALE in established and ample urban parking nearby. 2,419 SF · $550,000 · MLS: 30539874 · Kitchener on-site *anSales Representa ve environment. www.coldwellbankercommercial.ca Considerable exposure along Ottawa Street in Profitable 1,280 SF ∙business. $89,000 Sellers ∙ EXCLUSIVE Kitchener retiring∙ after 20 Lester Tobin* Email :proximity Commercial@coldwellbankerpbr.com ** Broker close to the Highway 7/8. successful years! All equipment Lease is Well established business sinceincluded. the 1970’s. High Gary No Boudreau*/ Boudreau** Peter Benninger** income-high sales. franchise.James Owner will train. 975 SF · $385,000 · MLS: 30560590 · Waterloo renewable. Fantastic Opportunity for the savvy business Lester Tobin* investor. HANDS OFF Investment Opportunity. Great 2,548 SF · $249,000 · MLS:30545077· Kitchener space to Representative run your business from. Elegant casual restaurant located in Sportsworld * Sales www.coldwellbankercommercial.ca Chris Kolednik** Crossing. High traffic, high exposure. Lester Tobin*

LAND FOR SALE

4,393 SF · $359,000 · MLS:30546489 · Kitchener Established franchise available in high traffic location with great tenant support. 160 seats. Full training available. Lester Tobin* 3,500 SF · $199,000 · MLS:30539427· Waterloo HOT POT RESTAURANT FOR University SALE WATERLOO Prime location in Waterloo’s District. Liquor license for 15SFpeople. High Income/High Sales $88,000 · 4,550 · MLS: 30558858 · Stylish and low rent. Lester Tobin* underground restaurant in Uptown. No

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

M U LT I - FA M I LY F O R S A L E

· Waterloo 1,549 $199,000· MLS:30514064 · MLS:30539427· Waterloo 3,500 SF SF · · $139,000 Take outlocation and delivery chicken wing franchise District. located Prime in Waterloo’s University in Waterloo’s District. Full training Liquor license forUniversity 15 people. High Income/High Sales TRI-PLEX FORTobin* SALE provided. and low rent.WITH SOLAR INCOME Lester Lester Tobin*

$715,000 ∙ MLS: 30579985 ∙ Kitchener ∙ Triplex

· MLS: Kitchener 1,280 SF · $89,000 with additional $6,000/year Solar Large 3 CAR WASH BUSINESS FOR30554091 SALEincome. · · EXCLUSIVE Well established business the 1970’s. High Brantford · FullUnits. service, fully2since automated car wash in x 2 Bedroom Large car garage at rear plus will train. income-high sales. No franchise. Owner major traffic area. Lester Tobin* tool shed. Eric Frey* Lester Tobin* 1,549 SF · $139,000 · MLS:30514064 · Waterloo THREE TOWNHOUSE UNITS FORWaterloo SALE Hot out Pot Restaurant Take and delivery chickenFor wing Sale franchise located $729,000· ∙ Kitchener ∙ ·MLS 30584092 ∙ 3 ·- Stylish 3 Bed$88,000 4,550 SF MLS: 30558858 in Waterloo’s University District. Full training room Units. All Units Separately Except underground restaurant in Uptown.Metered No franchise. provided. Lester Tobin* Located hotel.w/Garage, Great 1 tenant support. Water. 2in Units w/ Driveway. Tobin* Frey* · Eric Kitchener 1,280 SF · $89,000 · MLS: 30554091Lester Well established business since the 1970’s. High income-high sales. No franchise. Owner will train. For Commercial Real Estate Lester Tobin*

For Commercial Real Estate

Solutions in Canada's Technology Hot Triangle, Pot Restaurant Sale Waterloo contact anyFor oneTechnology of our sales Solutions in Canada's $88,000 · 4,550 SF or · MLS: 30558858 · Stylish representatives, call 519-743-5211.

underground restaurant in Uptown. franchise. Triangle, contact any oneNo of our Located in hotel. Great tenant support. Ext.Lester 3000Tobin* Peter Benninger** sales representatives,

Email : Commercial@coldwellbankerpbr.com ** Broker

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

8171433_3917

Please say you saw it in The Commercial Investor

Ext. 3029 Gary Boudreau * 519-743-5211 or call

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

James Boudreau **

Ext. 3020

Steve Gerakopulos* Peter MikeBenninger** Flynn * Roman Ginzburg* Gary Boudreau * Frey* BillEric Halpenny* 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* Kolednik** BillChris Halpenny*

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

John EricHoffman* Reiner*

Ext. Ext.3040 2099

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

Chris Kolednik** Lester Tobin*

Eric Reiner* Voisin* Harmony

Ext. Ext.2099 3117

Lester Tobin*

Ext. 3023

Harmony Voisin* * Sales

Ext. 3117 Representative ** Broker

* Sales Representative ** Broker


10

Volume 17 Issue 10

Commercial Real Estate & Business Opportunities

Kitchener/Waterloo Guelph & Cambridge

519.742.7000 www.coupalmarkou.com

SALE

48 KING STREET EAST, COLBORNE

SALE

146 KITCHENER ST, CAMBRIDGE

SALE

287-297 KING STREET EAST, KITCHENER

ER D N U AC T R T N CO • Business Opportunity • Successful, high profit, licensed pizza restaurant • 2,100 sq ft • $600,000 MLS

3117_DJW_0027

SALE

1677 SYNDERS ROAD EAST, PETERSBURG

MLS

SALE

29 KING STREET EAST, KITCHENER

• 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 MLS

3917_DJW_0015

SALE

• Restaurant in quaint town just minutes from KW • Currently operating as restaurant and banquet facility • 12,000 sq ft • $1,149,000 1917_DJW_1_0060

• Historic five plex in North Preston • All units remodeled, ESA & fire inspected • 5 units on 0.225 acres • $799,000

835 VICTORIA ST N, KITCHENER

SALE

138 BLEAMS ROAD, KITCHENER

SALE

• High profile investment property with successful long term tenant in place • Site could accommodate a much larger building if re-developed • 5,358 sq ft • $1,500,000

MLS

3917_DJW_0016

MLS

3517_DJW_0015

154 SHELDON ROAD, CAMBRIDGE

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

3517_DJW_0016

465 PHILLIP STREET, WATERLOO

SALE

ER U N D AC T NTR O C • 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 2317_DJW_0031

MLS

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

EXCLUSIVE

• 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_3917

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

C-645 LAURELWOOD DRIVE, WATERLOO

SALE

BUSINESS OPPORTUNITY, WATERLOO

SALE

3-368 QUEEN STREET WEST, CAMBRIDGE

ER D N U CT A R NT CO • Eat-in/take-out Restaurant with 20 seats • Excellent location for owner/operator • 1,066 sq ft • $119,000 MLS

3917_DJW_0017

SALE

KITCHENER, ONTARIO

MLS

94 WELLINGTON ROAD 6, ELORA

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

MLS

#2 - 373 BRIDGE ST W, KITCHENER

MLS

3117_DJW_0028

LEASE

25 INDUSTRIAL DRIVE, ELMIRA

MLS

1917_DJW_1_0049

LEASE

• 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

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

• Busy office/retail plaza in Elmira, just minutes from North Waterloo • Zoning allows multiple uses • 1,925 sq. ft. • $16.00/sq. ft. net

EXCLUSIVE

1917_DJW_2_0051

LEASE

• New Commercial Development • Ideal for financial services, restaurant or retail users • 4,000 - 17,970 sq. ft. • $14.00 - $25.00/ sq. ft. 1917_DJW_3_0050

MLS

1917_DJW_3_0031

LEASE

• Investment Opportunity • Well established licensed family restaurant • Operating for L Dyears with O15+ S over $1M in sales • High vehicle traffic plaza location • $349,000

LEASE

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

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 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 10


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


Volume 17 Issue 10

13

Commercial Real Estate & Business Opportunities

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

UNIT 3 LONDON, ON

FULLY LEASED INVESTMENT OPPORTUNITY 3303 ST. ETIENNE BOULEVARD, WINDSOR, ON

Southwest Ontario

SALE | $269,900.00

N

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

Peter Mullins, CCIM Broker of Record

Own your office.

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

• • • • • • •

LEASED TO INTERNATIONAL TENANT 44,100 SQ. FT. ± 2.80 ACRES ± 18’ CLEAR 2 TRUCK LEVEL DOCKS | 6 DRIVE-IN DOORS LEASE EXPIRY: DECEMBER 31, 2020 BID DATE: OCTOBER 31, 2017

CONTACT LISTING AGENT FOR MORE DETAILS RANDY FISHER** LARIN SHOULDICE* randy.fisher@cbre.com 519 286 2009

larin.shouldice@cbre.com 519 286 2019

www.cbre.ca * Sales Representative **Broker

peter@petermullinsrealty.com

11310678_3917

11316777_3917

CBRE Limited, Real Estate Brokerage

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

JOHN DBROKERAGE IGNAN REAL ESTATE SALES REPRESENTATIVE

(519)

771-8577

18 EASTON DRIVE

ROKER

519-759-6800

(519)

65 GEORGE STREET

WNER

209-1543

34 WELLINGTON ST.

D L O S

ING D PENFFER O $10.00 PER SQ. FT.

$2,450,000

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 3517_DJW_0014 negotiated”

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%! 2717_DJW_0022

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 1517_DJW_2_0014 both properties).

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

11318600_3917

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


14

Volume 17 Issue 10

Commercial Real Estate & Business Opportunities 11241815_3917

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

Brian Shular Broker of Record

Doug Kaitlyn Freiburger Shular Sales Rep.

Sales Rep.

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

Southwest Ontario

LOCATED IN THE CENTRE OF PORT ELGIN

The Sale, Leasing & Management of Real Property

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

583 Catherine St., Port Elgin $499,999

3 Commercial Rental Units w/ Long Term Tenants Large Shared Parking Lot Located at One of the Busiest Intersections in Port Elgin A Profitable Investment MLS #411046000429800 1917_DJW_3_0041

PRIME HWY COMMERCIAL

2 minute walk to the beach!

5097 Hwy. 21, Port Elgin $564,500

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

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

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!

petermullinsrealty.com peter@petermullinsrealty.com 11281976_3917

marketminded

Canadian economy’s hot streak continues in 2017

T

he Canadian economy is growing substantially faster than its potential in the second quarter of 2017, according to the latest RBC Economic Outlook. Consumer spending, business investment and government spending are all providing the momentum that should see above-potential growth continue through the rest of this year.

“Canada’s economy continues to hit it out of the park,” said Craig Wright, senior vice-president and chief economist at RBC.“For the fourth consecutive quarter, we’ve seen above-potential growth, and despite the cooling of the housing market and uncertainly around NAFTA, we expect the momentum to carry through to the end of the year.” The Canadian consumer isn’t showing signs of slowing down and is poised to remain the key driver of growth in 2017. While consumer spending will likely lessen somewhat in 2018, business investment continues its significant turnaround. Investment spending is expected to add growth every in quarter this year, and will likely remain an important Please say you saw it in The Commercial Investor

driver of the economy in 2018. The continued momentum in the economy saw the Bank of Canada significantly change its assessment of the state of the economy in mid-June, leading it to raise interest rates for the first time in nearly seven years. The central bank’s new upbeat outlook brought another rate increase in September 2017, and it is anticipated the bank will reduce policy stimulus further in the quarters ahead. The overnight rate is expected to finish 2018 at 2.0 per cent up from 1.0 per cent. CANADIAN DOLLAR REBOUNDS

The Canadian dollar benefited from ... continued on page 16


Volume 17 Issue 10

15

Commercial Real Estate & Business Opportunities

George Gicopoulos

519-852-4458

Cell

COMMERCIAL

I made the switch, Maybe you should too! Ask me

3517_DJW_0046

WOODSTOCK OFFICE BUILDING SALE $1,250,000 LEASE $12. NET

0317_DJW_0033

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

Solid 2 floor 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.

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

MID WESTERN ONTARIO RESTAURANT/PUB $599,000

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

LONDON RESTAURANT / PUB $329,000

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.

2317_DJW_0056

2317_DJW_0055

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 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 on a new 10 year lease. Building in good condition with many recent updates. A good solid investment with proven record and at 9% cap rate is hard to overlook.

SOUTHWESTERN ONTARIO PROPERTY & BUSINESS $1.4M

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.

About 1350 sq ft condo property. Includes set up and all equipment and contracts. Great opportunity for an entrepreneur!

FAST FOOD SUB-SHOP | $195,000

Great location and business!! 6 Days – Short hours

RENATE SIEBER-SCHLEGEL Broker of Record

Land Exchange Ltd. Brokerage Independently Owned and Operated

262 Josephine St., Wingham www.remaxlandexchange.ca Office: 519-357-3332

Cell:

519-531-1177 11264376_3917

241-247 JOSEPHINE STREET, WINGHAM

BUSINESS ONLY

$55,000 • Well established “Bell’s Pizza”. 40 years in business, turnkey operation. • Very busy restaurant and well known in the Wingham area. • Call for more information. • MLS#: 625462

$499,000 • 14- Unit Residential / Commercial Income Property consisting of 2 buildings in downtown Wingham. • Long term tenants, recent renovations. Utilities are in addition. Close to shopping, banks, schools, hospital and restaurants. • Call today for more information and a private viewing • MLS#: 590259

3917_DJW_0042

Please say you saw it in The Commercial Investor

3917_DJW_0043

Southwest Ontario

ggicopoulos@gmail.com

3517_DJW_0045

11318636_3917

Sales Representative


... continued from page 14

the weaker US dollar, rising about 11 per cent from its early May low. The Bank of Canada’s rate hike solidified the dollar’s gains even in the face of declining oil prices. With additional rate hikes anticipated, RBC now forecasts the Canadian dollar will average close to 80 U.S. cents over the forecast horizon. ALBERTA IS BACK IN THE SADDLE, WHILE QUEBEC TAKES OFF

While most provincial economies have stepped up their pace relative to last year, the country’s economic momentum is not shared equally across all provinces. A rebound in Alberta’s energy sector has led us to revise our forecast upwards, putting the province ahead of the provincial herd with 4.2 per cent growth now expected in 2017. A major turnaround in Quebec is expected to see the provincial economy grow 2.8 per cent in 2017 – its strongest rate in 15 years. However, Newfoundland and Labrador’s economic contraction continues to grind onward with the provincial economy expected to shrink 1.0 per cent in 2017, though a slight improvement from our June forecast. GLOBAL GROWTH OUTWEIGHS GEOPOLITICAL CONCERNS

The global economy continued its strong momentum over the summer, shifting some of the focus away from geopolitics. The pick-up in global trade volumes helped keep the economy on a stronger growth trajectory even as BREXIT and NAFTA negotiations got underway. As a result, RBC’s forecast for global growth of 3.5 per cent in 2017 and 3.6 per cent in 2018. U.S. OPTIMISM

Strong financial market performance and hiring activity are providing a steady backdrop

The global economy continued its strong momentum over the summer, shifting some of the focus away from geopolitics. for another year of solid consumer spending. We remain optimistic about the U.S. economy even though the level of political uncertainty remains high. RBC projects the U.S. economy to grow 2.2 per cent in 2017 and 2.4 per cent in 2018. The U.S. dollar has significantly underperformed other major currencies so far this year. However, we expect it to recover, with the U.S. Federal Reserve likely to hike rates more than markets anticipate as the economy continues to pick up steam. A complete copy of the RBC Economic and Financial Market Outlook is now available. A separate RBC Economics Provincial Outlook assesses the provinces according to economic and employment growth, unemployment rates, retail sales, housing starts and consumer price indices.

Please say you saw it in The Commercial Investor

PROVINCIAL HIGHLIGHTS: • BRITISH COLUMBIA: Most

economic sectors continue in full expansion mode at this stage with the labour market impressing with strong job gains being sustained. • ALBERTA: Now projecting a much

stronger rebound in Alberta’s economy from 2.9 per cent to 4.2 per cent, reflecting the greaterthan-expected strength in the energy sector. • SASKATCHEWAN: A modest

recovery taking hold this year in large part driven by a sharp improvement in export activity. • ONTARIO: A healthy job market,

strong consumer confidence and heavy infrastructure spending will continue to propel the provincial economy at a rapid clip. For more information visit rbc.com.


Volume 17 Issue 10

11318198_3917

Commercial Real Estate & Business Opportunities

17

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 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.

$619,000

www.brenjohnston.com George Gicopoulos 11318649_3917

Sales Representative

ggicopoulos@gmail.com Cell

519-852-4458

I made the switch, Maybe you should too! Ask me

BROKERAGE COMMERCIAL The Agent-Owned Cloud Brokerage

THE FUTURE OF REAL ESTATE IS HERE NOW DON’T LET THIS PASS YOU BY GET IN BUSINESS FOR YOURSELF EXP REALTY IS THE ONE ZERO MONEY DOWN ZERO INVESTMENT ZERO RISK ZERO COMMITMENT ON A LONG TERM LEASE GET IN BUSINESS FOR YOURSELF WITH NO FINANCIAL RISK IF YOU HAVE A VALID REAL ESTATE LICENCE IF NOT JUST FOR THE COST OF GETTING ONE AND ALL OF THIS WHILE YOU DO WHAT YOU NORMALLY DO - SELL REAL ESTATE I HAVE BEEN SELLING BUSINESSES FOR OVER 35 YEARS AND I NEVER THOUGHT IT WOULD BE POSSIBLE FOR A REALTOR TO HAVE AN OPPORTUNITY TO GET IN TO A VERY LUCRATIVE BUSINESS FOR FREE. PEOPLE USUALLY PUT THEIR LIFE SAVINGS ON THE LINE TO REALIZE THEIR BUSINESS DREAMS AND NOW. THANKS TO EXP REALTY’S CONCEPT, MASTERY, AND EXPERTISE OF TODAY’S TECHNOLOGY IT IS NOT JUST POSSIBLE IT’S HAPPENING ALL AROUND YOU RIGHT NOW. CONTACT ME FOR COMPLETE DETAILS: YOU WILL BE GLAD YOU DID. I AM GLAD I MADE THE CONNECTION AND THE SWITCH AFTER 20 SUCCESFUL YEARS WITH A NATIONAL BROKERAGE. GEORGE GICOPOULOS, SALES REPRESENTATIVE EXP REALTY OF CANADA INC. BROKERAGE THE AGENT OWNED CLOUD BASED REALTY GGICOPOULOS@GMAIL.COM +1-519-852-4458

Please say you saw it in The Commercial Investor

Southwest Ontario

Brenda Johnston


HAMILTON

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

HAMILTON SECTION COVERING: Ancaster Caledonia Cayuga Dundas

Dunnville Grimsby Hamilton Haldimand Stoney Creek

For advertising

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

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


Hamilton

1083 MAIN ST E

1 WEST AVE S

FOR SALE

FOR LEASE

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

Premier loft style office space available within the downtown International Village.

562 CATHERINE ST N

1539 BARTON ST E

FOR SALE

FOR SALE

8% cap rate, 2-storey brick storage facility located near the proposed Pier 8 development site.

16 two-bedroom unit, multi-residential apartment, totaling 15,849 SF on emerging Barton St E.

HAMILTON, 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_3917

HAMILTON, ONTARIO


20

Volume 17 Issue 10

Commercial Real Estate & Business Opportunities

Hamilton

H

A

M

I

L

T

O

11292930_3917

11294991_3917

N

Mazhar Roshan Sales Representative

905.929.9800 647.609.9463 905.574.6400

HomeLife Professionals Realty Inc.

Direct GTA Direct

BROKERAGE Office

mazharroshan@sympatico.ca

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

FOR LEASE $8,200.00 PER MONTH

INVESTMENT PROPERTY – RENT FROM $2100 P/M

Highly visible hwy location w/2 road frontages, sitting on 3.25 Acre corner lot. Property available for gross lease. Rent includes tmi. 3 Commercial units consisting of restaurant (licenced for 89 seats), bar (120 seats) & banquet hall (240 seats). Residential units consist of 1 - 2 bedrm & 1 - 1 bedrm. Turn key operation. 3917_DJW_0029

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.

HAMILTON $249,900 Long established Pizza and Wings business. Doing over $50,000 sales per month. Low rent and long lease, real money-making business. Close to all amenities, schools and on bus route. Good for big family or business 1917_DJW_1_6622 oriented individual.

2317_DJW_0049

I HAVE BUYERS FOR YOUR BUSINESS CALL FOR DETAILS

“My Business is to Sell Your Business”

Please say you saw it in The Commercial Investor


Volume 17 Issue 10

21

GROUP

11318609_3917

Commercial Real Estate & Business Opportunities

®

Innovative Realty Ltd., Brokerage

John Pocsai

*Independently owned and operated

Sales Representative

905-575-7070

jgroleau@sutton.com

Hamilton

jpocsai@sutton.com

Joseph Groleau Sales Representative

1543 King ST. E, Hamilton $459,898 • Commercial residential near Ottawa St. • Res rented for $1600/month, commercial vacant • 3000+ square feet

3917_DJW_0019

4675 Queen St. Niagara Falls $699,900 • Two retail plus four residential apartments all fully leased • Excellent income potential • Recently renovated building 3917_DJW_0022

3485 Harvester Rd. Burlington $589,898 • 2962 square feet total with 700 square feet office space • Many industrial uses – inquire about yours • 3 bay doors at rear, 2 at front, and compound at back for equipment storage 3917_DJW_0020

188 Locke St. S, Hamilton $1,795,000 • Prime building on the most prestigious retail street in Hamilton • Fully tenanted • Building totally renovated 3917_DJW_0023

84-86 Cumming Crt., Ancaster $1,300,000

Hamilton Retail/Apartment Building $999,900

• Two PRIME building lots • Both large, pie shaped premium lots • Plans/permits available

• Two retail units + 6 renovated apartments • Whole building has been renovated • Great Income

3917_DJW_0025

3917_DJW_0026

Please say you saw it in The Commercial Investor

1036 King St. W, Hamilton $2,100,000 • Prime Westdale location • 9 car parking • Recently renovated 3917_DJW_0021

195 Locke St. S, Hamilton $2,599,900 • Prime building on the most prestigious retail street in Hamilton • Fully leased – renovated top to bottom • Rarely offered retail on Locke St.

3917_DJW_0024

COMING SOON – RETAIL PLAZA IN GOLDEN HORSESHOE • $500,000 NET operating income • Prime location with easy access to transportation, buses. • Triple ‘A’ tenants • 4.8% CAP RATE


insiderinsight

Richmond Industrial Centre Economic Impact

T

he City of Richmond’s economy is being greatly impacted by a number of varying new developments and is attracting global attention for being a hub for transportation and logistics businesses.

Amongst these developments is Montrose Property Holdings Ltd.’s newest industrial project, Richmond Industrial Centre - the newest and largest Metro Vancouver industrial park will have a significant economic impact on the City of Richmond. Currently under construction, Richmond Industrial Centre is expected to create 572 jobs when complete, in addition

to an estimated 3,192 direct and indirect jobs generated during the development phase. $1.65 billion will be injected into the economy from this project alone. The City of Richmond has seen a boom of industrial opportunities and remarkable growth over the last five years in the commercial and industrial sectors, such as IKEA’s newly announced Richmond distribution centre. Richmond Industrial Centre will add 170 acres to the industrial inventory and is a product of the industrial growth in the area and was not added at the expense of a reduction in the ALR. The City of Richmond’s Economic Development Manager, Neonila Lilova, stated that Richmond Industrial Centre will generate substantial new business and job opportunities in Richmond’s core industries enabling the movement of goods globally. It will provide urgently needed industrial space to meet a growing demand in an extremely constrained regional industrial land market and will attract global players to Richmond and the region. The project supports Richmond’s long-term vision to remain at the forefront of Asia Pacific trade and support their key employment generation sectors, such as transportation and logistics. Richmond Industrial Centre’s close proximity to Vancouver International Airport and the largest port in Canada allow growing businesses to stay completive and conduct trade around the world. These local businesses generate over 100,000 jobs in Richmond, positioning the city as a major employment centre in BC and Metro Vancouver. This innovative industrial movement taking place in the City of Richmond sees Montrose Property Holdings Ltd.’s Richmond Industrial Centre as the benchmark for industrial development and business opportunities in the city.


2 UNITS 4,864 SQ.FT.

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

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.

$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.

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

Downtown Dundas. 1030 sq.ft. on main ï¬&#x201A;oor with a lower level included. Excellent for Accountant, Salon, Driving School. Asking $2,000 per month plus utilities.

20,000 SQFT INDUSTRIAL SPACE 1917_DJW_0047

HAVE CLIENTS LOOKING FROM 2,00010,000 SQ FT. OF INDUSTRIAL.

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

I need more inventory. CALL ME.

3917_DJW_0039

BEAUTIFUL HERITAGE BUILDING $2000/MONTH 3917_DJW_0038

MOHAWK ROAD OFFICES

1917_DJW_0051

1917_DJW_0050 1917_DJW_0044

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

QEW frontage with the following available: Under 5,000 SQ FT of Offices with Warehouse 8,000 SQ FT Offices and Warehouse 4,668 SQ FT Warehouse 910 SQ FT 2nd floor Office

DUNDAS 1,030 SQ.FT. (COMMERCIAL)

5,117 SQ. FT. WAREHOUSE

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.

Hamilton

4195 Sq Ft of 2nd floor gorgeous office space. Very well appointed units. Lots of parking. Located on South Service Road between Fruitland and Jones Road.Very quick off the QEW. Call for info regarding this sub lease.

3 FACILITIES QEW EXPOSURE STONEY CREEK

1917_DJW_0052

QEW FRONTAGE STONEY CREEK INDUSTRIAL FROM 4,668 TO 12,668 SQ FT 3917_DJW_0027

SUB LEASE QEW EXPOSURE

email: romans@efforttrust.ca

1917_DJW_0045

Main St. E. Hamilton

Roman Spytkowsky, Broker 905-528-8956 ext. 4190

3917_DJW_0037

242

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.

JUST UNDER 5,000 SQ FT OF REAR WAREHOUSE AVAILABLE.

Seconds to Burlington Street. CALL ROMAN!


24

Volume 17 Issue 10

10339498_3917

Commercial Real Estate & Business Opportunities FOR

FURTHER INFORMATION:

JOHN HRYCZYNSKI BROKER

(905) EMAIL:

COMMERCIAL REAL ESTATE

REAL ESTATE SALES AND LEASING SERVICES OFFICE BUILDING FOR LEASE 3517_DJW_0049

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 10,000 sq.ft. 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 & RETAIL FOR LEASE

FREESTANDING BUILDING FOR LEASE

RESTAURANT FOR LEASE 3917_DJW_0036

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.

3917_DJW_0035

SOUTHERN ONTARIO A solid investment with a single AAA Canadian Chartered Bank Tenant, fully net income, carefree investment to the owner. A newer freestanding building, approx. 4,992 sf, with ample parking, prime corner location on 2 major roads in this thriving community. Long term lease with multiple renewal options. Asking $4,599,900. Call John for further details.

1917_DJW_1_0061

Hamilton

1917_DJW_1_0069

NEW RETAIL PLAZA FOR LEASE

3917_DJW_0034

AAA INVESTMENT PROPERTY

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.

170 SILVERCREEK PKWY N, GUELPH Prime front freestanding bldg. Former bank with drive-thru ABM. Excellent exposure to power retail strip along Silvercreek Pkwy. Across from Willow West Mall. Quick access to Hanlon Parkway. High traffic location, busy plaza, ideal for a financial institution, restaurant or most other retail uses. Abundant parking. Building size is 4,268 sf plus drive-thru, asking $25.95/sf net. Call John for further details.

DOWNTOWN HAMILTON Prime downtown location in the sought after trendy, growing James St. N entertainment and business district. Close to all downtown amenities including office towers, across from a mall, new residential high-rise developments and a robust restaurant district. Previous restaurant use, has existing fully equipped kitchen. Unit is 2,356 sf with a full usable basement. Asking $26/sf net. Immediate possession. Act fast before its gone.

moneysense

Canadians keen to support local small businesses: RBC Poll

F

rom the local coffee shop, to the neighbourhood handyman, Canadians are passionate about small and local businesses.

In fact, according to the 2017 RBC Small Business poll, 88 per cent of Canadians will choose to support a local business when possible, and 57 per cent would pay more for a product or service that is offered by a local business. In addition, today’s consumer is demanding more payment choice and opportunities to engage online and through social media. “Canada’s small businesses are the driver of our local economies and when given the choice, Canadians want to support their small and local businesses,”says Jason Storsley, vice-president, small business at RBC.“Owners and operators need to capitalize on this affinity for small businesses by satisfying consumer needs, like offering more payment options and engaging with customers online.” Canadians want more convenient payment choice with the majority preferring to pay by credit or debit, regardless of the purchase amount. Cash is a popular payment method for

items under $25, but declines sharply costing more than $25. Almost 70 per cent of Canadian adults say that they would spend more at a small/local business if it accepted more than just cash as a payment option. Seventy-seven per cent of Canadians wish that more of the small businesses they frequent had ‘tap to pay’, and 47 per cent wish they had greater access to mobile payment options such as Apple Pay‡ or Android Pay‡. The majority of Canadians (63 per cent) have thought about owning their own business. One in every three Canadians who has ever thought about owning a business has actually started or purchased a business at some point in their lives. Greater control and money top the reasons why some Canadians want to own their own business, with 88 per cent saying that owning a business would allow them to have control over their future and 83 per cent saying that it would allow them to make more money. And our affinity for small businesses doesn’t stop there – 63 per cent of Canadians said that they would prefer to work for a small business. FOR THE FULL REPORT VISIT RBC.COM.

Please say you saw it in The Commercial Investor


25

Commercial Real Estate & Business Opportunities

BILL CHOW

HOLY CHOW

Broker of Record/Owner

Prime Locations Best Prices in Town

, BROKERAGE

Ph: 905-528-5888

9363580_3917

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

969 UPPER OTTAWA

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

Major Tenants Incl: Giant Tiger, Tim Hortons, Little Caesars, Magicuts & many more w/ plenty of parking. Units available - 2,776 sq.ft + 933 sq.ft bsmt, 1,255 sq.ft, 1,255 sq.ft, 1,050 sq.ft, 1,050 sq.ft.

1104 FENNELL AVE. E - 845 sq.ft nicely finished office space. 79 KING ST. E - Downtown Hamilton 2,333 sq.ft 674 sq.ft Mezz & Basement Storage.

11294087_3917

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!

Larry Szpirglas BROKER

Christine Kiriakopoulos

larryszpirglas@royallepage.ca 905 648-4451 (o) 905 572-1801 (c)

SALES REP

Christinek@royallepage.ca

Tel: 905.648.4451 3917_DJW_0010

FOR LEASE 3517_DJW_0033

FOR LEASE

186 KING STREET EAST, $14.00 PER SQUARE FOOT (NET) Excellent commercial /retail space in trending International Village in downtown Hamilton. $14.00 per sq. ft. net. Approx. 2550 rentable sq feet. Wide storefront on highly trafficked road. Future LRT proposed. D2 zoning permissive of many uses. Tenant to verify use. Tenant pays for occupancy costs and TMI ($5.72 per sq ft).

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

3517_DJW_0044

FOR LEASE 3517_DJW_0034

FOR LEASE

Please say you saw it in The Commercial Investor

202 KING STREET EAST, $14.00 PER SQUARE FOOT (NET) 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. TMI ($5.72 per sq ft).

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

Hamilton

Volume 17 Issue 10


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Volume 17 Issue 10

Commercial Real Estate & Business Opportunities

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

Hamilton

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.

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

2317_DJW_0063

3117_DJW_0016

259 CEDAR DRIVE, TURKEY POINT $589,900 Opportunity to own/operate profitable turn-key “Sarasoda’s” Restaurant on Turkey Pt’s beach strip. Incs E-side 580sf kitch/store frnt/t-out wndow, 250sf storage garage, 7’x15’ WI cooler+1056sf outdr patio. W-side offers Res.unit w/2 bths+3UL bedrms, PG furn’12, roof’07, sec.syst, comm.water.

3917_DJW_0003

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

20 ROBINSON STREET SIMCOE

$299,900

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

E

IC

EW

PR

N

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!

2717_DJW_0020

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. 3517_DJW_0024

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! 1917_DJW_0020

3517_DJW_0043

Please say you saw it in The Commercial Investor


Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

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

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

For advertising

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

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

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

GREATER TORONTO AREA

GTA


28

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Volume 17 Issue 10

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

EAST GARAFRAXA 239 ACRES

MAIN/DANFORTH PRIME COMMERCIAL/RETAIL SPACE

VE

VE

SI

CL

C

EX

I US

EX

Greater Toronto Area

Opportunity! Opportunity! Opportunity! Excellent investment opportunity! 239 acres minutes from high density population! Loaded with potential! Possible golf course. Not in the greenbelt. $8,800,000. Call George 416-554-7653 1917_DJW_0032

DANFORTH/VIC PARK PRIME COMMERCIAL/RETAIL SPACE

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

YORK MILLS/DON MILLS SUBWAY FRANCHISE

Prime location with excellent Danforth exposure! Steps to Victoria Park subway station and public transit! Approx 1,160 sq. ft with great lease terms! Potential uses include any retail, medical, dental, lawyer, accounting, office+++ Ample parking! $14.50 Sq. Ft. Net. George Politis: 416-554-7653 3917_DJW_0041

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

www.PBcommercialteam.com | Team@PBTeam.com 905-887-9000 â&#x20AC;˘ 416-735-2324 5071 Highway 7 East, Unit 5, Markham ON L3R 1N3 *Based on Re/Max Canada commissions in 2014 1st Q

11276658_3917

LU

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

Please say you saw it in The Commercial Investor


Volume 17 Issue 10

29

Commercial Real Estate & Business Opportunities

Hassan Lakhani 11311680_3917

SALES REPRESENTATIVE

647-527-4818

416-733-7784

realtorlakhani@gmail.com

3917_DJW_0046

465 Burnhamthorpe Road West suite 200, Mississauga, ON L5B 0E3 MOTEL IN WASAGA BEACH... PRIME LOCATION

Price for Quick Action. Only $1,695,000

3917_DJW_0047

Location Location!!! Exceptional Property In The Heart Of Wasaga Beach. 1.24 Acres Of Mix Use Motel, Land, & Restaurants. This 19 Unit Motel & Commercial (Restaurant) Comes W/ A 4 - Br House. Close To The Beach, Transit, Shopping & Many More. Many Future Opportunities Such As Retail Dept. Store, Day Care, Senior Home, Car Wash, Institution & Many More As Classified Cd Zoning Permit. The Property Is Generating Great Income For Many Years. Owner Is Retiring. CONTACT. HASSAN LAKHANI @ 647-527-4818

LAND FOR SALE WITH HOUSE... OVER 10 ACRES IN MONO ON HWY 10

Price for Quick Action. Only $999,900

Givalas Real Estate Brokerage

8305406_3917

Nick Givalas Broker of Record

Ltd.

(905) 479-4436

email: ngivalas@trebnet.com

FOR SALE COBOURG ASKING PRICE $525,000

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

Commercial Freestanding Building For Sale Cobourg, Ontario With Parking And Good Exposure Approx 2300 Square Feet Ideal For Owner/User. Great Investment Opportunity, Affordable Price In A Growing Town Like This One. William Street Is One Of The Main Streets In Town Off The Burnham Street 401 East Exit To Cobourg. Ideal For Restaurant Fast Food Type Use Next Door To Tim Hortons With Other National Food Tenants Same Block McDonalds And Wendy’s. District Commercial Zoning Allows For Many Other Uses For Opening A Business Here Yourself Or Leasing Out To A Tenant. Quonset Hut In Rear Of Building For Extra Storage. Good Chance To Buy 3917_DJW_0005 In Town While Prices Are Still Reasonable.

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. 3117_DJW_0038

Please say you saw it in The Commercial Investor

Greater Toronto Area

Location Location!!! Great Opportunity To Own This Outstanding Location On Hwy 10. Over 10 Acre Flat Land With House. Great Investment Opportunity In A Desired Location. No Greenbelt, No Conservation, Presently Zoned Rural A. Many Possibilities. House Currently Rented And Tenant Willingly To Stay. CONTACT. HASSAN LAKHANI @ 647-527-4818


30

Commercial Real Estate & Business Opportunities

Volume 17 Issue 10

Sky View s

The Im p ortance of Cap ital Bud geting b y Scott Fleet, Cap ital Planning Solutions

When embarking upon major capital expenditure projects at our ulti residential and co ercial properties it is i pera ti e to co plete proper due diligence and i ple ent a capital plan to assist in prioritizing your capital projects. At Capital lanning Solutions we reco end custo i ing fi e ear capital budgets for each building. This can be done by a proj ect manager, management company or building ownership. t is reco ended that these fi e ear capital budgets be updated annuall and re iewed a ongst all e bers of our building ownership group in order to get all hands on board and make informed decisions on whether your upcoming cap ital projects should be undertaken, or if certain projects can be deferred. Fi e ear capital budgets and cash ow pro ec tions should be re iewed annuall b ownership groups in the fall onths. t this ti e it is i perati e that the ownership a e a collaborati e decision regarding which pro ects will be co pleted throughout the upco ing ear. he benefit of a ing this decision in the fall onths is two fold .

Greater Toronto Area

2.

When dealing with large concrete restoration projects and other weather sensiti e pro ects there is a a or benefit to tendering and awarding pro ects earl in the ear. ontractors are generall er eager to fill up their construction schedules for the rest of the year. There fore the contractors who ha e oids in their schedules are ore li el to offer their best co petiti e pricing to secure the project. The manufacturing of certain equipment and materials such as ele ators balcon railings balcon doors win dows, boilers, etc. can become backlogged and may ha e e tensi e lead ti es. B co encing our capi tal pro ects earl in the ear ou will often benefit fro shorter lead ti es as ou will be first in ueue with the manufacturers. If you wait until the summer to begin our capital pro ects ou are oining the herd which leads to longer lead times (in addition to higher contrac tor pricing) and ou a end up rushing to finish weather sensiti e pro ects before the winter onths.

The Five- Year Cap ital Bud get here are so e great software progra s a ailable to as sist with the creation of capital budgets. Howe er creat ing our own custo i ed fi e ear capital budget uni ue to each building can ield great benefits. capital planning consultant can pro ide assistance in the creation of a capi tal plan. The process begins by creating a spreadsheet for each building within your portfolio. Populate the spread sheet with a list of categories for arious building co po nents within your building, i.e. balconies, boilers, windows, asphalt sidewal s ele ators etc. he spreadsheet should also contain a heading for the ne t fi e ears i.e. . s pro ects approach populate the spreadsheet with budget estimates for each category under the appropriate year in which it should be completed.

Pop ulating y our Five- Year Cap ital Bud get he ain source for populating our custo i ed fi e ear capital plan for each building should be information extrapo lated from your most recent Property Condition Assessment (PCA). As a diligent building owner, it is recommended that ou update our appro i atel e er eight ears and the report should include recommendations for priority re pairs and budget figures for the ne t ears. isted below are additional ways to identify capital projects to include in our fi e ear capital budget •

egislati e changes including building code fire code TSSA requirements

•

Visual assessment and regular building walkthroughs

• •

onitoring e uip ent age ersus e pected useful life dentif ing pro ects that pro ide energ backs

sa ings pa

Und ertaking Cap ital Proj ects versus Def erring Cap ital Proj ects Now that ou ha e a fi e ear capital budget in place for each building ou can refer to the budget as a detailed o er iew of the upco ing capital pro ects at our buildings. Re iew ing our capital budgets in con unction with our cash ow projections will allow you make a more informed decision regarding whether specific pro ects should be underta en or deferred. Should you consider deferring a particular project beyond the set out or recommended repair timeline, it may be a good idea to ha e an engineer consultant re inspect that specific building co ponent to clarif the i pact of this deci sion on building safety and project cost. f pro ects are deferred too long ou can uic l find our self ta ing a reacti e approach to building aintenance. his can lead to an increase in the scope of pro ects repair costs growing aggra ation a ongst tenants and additional une pected repair pro ects. lternati el pre entati e ain tenance approaches allow you to control repair quantities, and eli inate a source of aggra ation a ongst our tenants while co pleting our capital pro ects with cost efficienc at the forefront. n conclusion updating and re iewing our capital budgets annuall in the fall onths is i perati e and ta ing a pre en tati e rather than reacti e building aintenance approach can sa e ou aluable dollars o er the lifespan of our build ings. For further assistance with capital planning and capital proj ect management, please contact Capital Planning Solutions. Scott Fleet, President Capital Planning Solutions scott@

capitalplanningsolutions.ca

www.capitalplanningsolutions.ca

Please say you saw it in The Commercial Investor

8647857_3917


Volume 17 Issue 10

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_3917

• Abuts a medical building

$6,500,000

Call Pierre Boiron 416-804-5555 PIERRE BOIRON, Ex: F.R.I., SIOR, Tel: 26 SUITES RETIREMENT HOME WITH GOV'T FUNDING (OTTAWA AREA)

GENERIC PHOTO TO PROTECT PRIVACY OF RESIDENTS

18 BED RESIDENTIAL CARE HOME FACILITY WOODSTOCK

ER UNTDRACT CON

(416) 804-5555

8 BED HOME FOR SPECIAL CARE 54 BED RESIDENTIAL CARE HOME SOUTH WESTERN PRIME OTTAWA LOCATION 16 HSC / 38 CITY CONTRACT BEDS ONTARIO

GENERIC PHOTO TO PROTECT PRIVACY OF RESIDENTS GENERIC PHOTO TO PROTECT PRIVACY OF RESIDENTS

26 large suites with full ensuite Home is licensed by RHRA as a Payment directly by the Ministry of bathrooms. Possible 52 semi-private Retirement Home; City of Woodstock Health. Income Tax exempt approved beds. Licenced Retirement Home. contract to provide Housing with Support by CRA. Stable program (50 years).

$1,450,000

35 BED RESIDENTIAL CARE HOME 30 HSC / 5 CITY CONTRACT OTTAWA AREA

GENERIC PHOTO TO PROTECT PRIVACY OF RESIDENTS

Turnkey operation; Full staff and an admin in place. Home is on a large lot with potential for expansion.

$1,800,000

$990,000

9 HSC / 4 PRIVATE IDEAL FAMILY BUSINESS HAMILTON AREA

$599,000

660 OXFORD ST. EAST A “MUST SEE” - 10 OUT OF 10 LONDON, ONTARIO

ER UNTDRACT CON

GENERIC PHOTO TO PROTECT PRIVACY OF RESIDENTS

Ministry of Health program has been operating for 50 years. Turnkey operation with full staff & admin in place.

$2,500,000

16 BED RETIREMENT HOME FULL OCCUPANCY TILLSONBURG AREA

GENERIC PHOTO TO PROTECT PRIVACY OF RESIDENTS

Fully government funded. Grossing $170,000 Newer 3-year-old 4-plex with18 bedrooms in 4 Turnkey operation on beautiful 29 per annum. Separate live in Owner/Operator large 2 level apartments - 1,800 + S.F.; Granite acre estate. Fully occupied. aprtment in beautiful mansion counters, 9’ ceilings, stainless steel appliances

$847,632

$1,399,000

$850,000

WWW.SHMUKLERREALTY.COM SHMUKLER REALTY INC. BROKERAGE

DIRECT: 519-318-1622 TOLL FREE: 1-866-960-6059 Email: michael@ShmuklerRealty.com Please say you saw it in The Commercial Investor

11253451_3917

MICHAEL SHMUKLER, P.Eng, Broker of Record

Greater Toronto Area

Sales Representative


trebreport

GTA REALTORS RELEASE commercial market figures

T

oronto Real Estate Board President Tim Syrianos announced that TREB Commercial Network Members reported 215,353 sq. ft. of leased industrial, commercial/ retail and office space in August 2017, leased on a per-sq.-ft. net basis with pricing disclosed. This result was down from 427,002 sq. ft. leased in August 2016. The industrial market segment accounted for almost two-thirds of the total space leased, with the commercial/retail and office segments accounting for approximately equal shares of the remaining space leased.

Average per-sq.-ft. net lease rates for transactions with pricing disclosed were up for all three major market segments. The average industrial lease rate was $6.65 per-sq.-ft. net – up five per cent compared to August 2016. Commercial/retail and office lease rates were up by greater annual rates, but much of these year-over-year increases were due to changes in the mix of properties leased, from the perspective of size and location. “While leasing activity was down this past August compared to the same period in 2016, recent data suggests that the Canadian and southern Ontario economies are on solid footing and are poised for further growth over the next year. As economic growth continues, businesses’ demand for space will likely increase as well,” said Mr. Syrianos. Combined sales of commercial properties amounted to 31 in August 2016 – down from 60 sales in August 2016. Changes in average selling prices on a per square foot basis for transactions with pricing disclosed were mixed on a year-over-year basis. In many cases, average price changes had more to do with changes in the mix of properties sold between 2016 and 2017.

AUGUST 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) Aug 2017

Aug 2016

% Change

Industrial

139,658

233,770

-40.3%

Commercial

39,186

132,605

-70.4%

Office

36,509

60,627

-39.8%

Total

215,353

427,002

-49.6%

Aug 2017

Aug 2016

% Change

Industrial

$6.65

$6.33

5.0%

Commercial

$23.37

$13.86

68.7%

Office

$17.86

$14.03

27.3%

Avg. lease rate

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

Aug 2016

% Change

Industrial

10

15

-33.3%

Commercial

15

31

-51.6%

Office

6

14

-57.1%

Total

31

60

-48.3%

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

Aug 2016

% Change

Industrial

$89.37

$151.01

-40.8%

Commercial

$334.94

$190.37

75.9%

Office

$399.77

$452.86

-11.7%

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


Volume 17 Issue 10

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

258 EDWARD STREET, ST. THOMAS $409,000

IN DOWNTOWN ST THOMAS $399,900

3917_DJW_0006

}

ATTENTION INVESTORS

Do you have children attending the University of Western Ontario?

CALL FOR MY EXPERTISE IN THE AREA OF STUDENT HOUSING OPPORTUNITIES NEAR THE UNIVERSITY OF WESTERN ONTARIO, FANSHAWE COLLEGE, UNIVERSITY OF WINDSOR, UNIVERSITY OF WATERLOO & WILFRED LAWRIER UNIVERSITY. 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

• Industrial Investment or owner user property with prime exposure at the corner of Edward and Laing Blvd. • Total building is approx. 4,424 sq. ft. with owner/user occupying approx. 2,949 sq. ft. and a tenant occupying approx. 1,475 sq. ft. • Tenant (Ken Jones Signs) is currently on a semi-gross lease of $12,000 per annum plus utilities. • The 2,949 sq. ft. unit is approx. 50 percent AC office with 2 grade doors and the 1,475 sq. ft. unit is approx. 70 percent office with entire unit having AC and 1 large grade door. • 0.89 acres • 600 volts; 200 amps services

NELSON CONROY

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.

JAMIE HANKE

Sales Representative

Sales Representative

nelsonconroy@royallepage.ca

jhanke@royallepage.ca

519-672-9880 11303359_3917

1917_DJW_1_8032

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_3917

MEDICAL/ WORSHIP/ RETAIL / INDUSTRIAL


CENTRAL ONTARIO

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

CENTRAL ONTARIO SECTION COVERING: Barrie Collingwood Muskoka North Bay Kawartha Lakes Midland

Meaford Paisley Parry Sound Orillia Owen Sound Sudbury Walkerton

For advertising

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

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


Volume 17 Issue 10

35

Commercial Real Estate & Business Opportunities

You’ve just found your nexthome!

APPROX 11.16 ACRES ACCESS TO LAKE SIMCOE & COUCHICHING • WELL-ESTABLISHED MARINA IN THE HEART CENTRAL ONTARIO • PRIME BOATING W IMMEDIATE ACCESS TO 2 LAKES • BEAUTIFUL PARK LIKE SETTING WITH 180 SLIPS • REPAIR FACILITY, OFFICE, CLUBHOUSE, RECREATION AREA & AMPLE PARKING

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

• FULL MUNICIPAL SERVICES

11318537_3917

DUPLEX Fully rented 3+1 bedroom apartments. Separate meters. Lots of parking. Convenient Cobalt location on bus route. Asking $74,900. MLS TM162973

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 $234,900. MLS TM170103

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

Please say you saw it in The Commercial Investor

2317_DJW_0022

E R IC P W N E

3517_DJW_0017 2317_DJW_0023

P

R IC

E

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

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_0033

New Liskeard, Northern Ontario

2317_DJW_0021

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

BROKERAGE

W

Central Ontario

Sales Representative bill-byers@coldwellbanker.ca

TEMISKAMING REALTY LTD.,

N E

8313781_3917

Bill Byers

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


marketminded

GTA Market Overview Q2 2017 Colliers Report

T

he Greater Toronto Area (GTA) saw a strong quarter across multiple spectrums, including nearly 900,000 sq. ft. of positive absorption â&#x20AC;&#x201C; the largest amount since 2011. The Downtown, GTA North and GTA West markets largely fueled this absorption.

Average asking net rental rates decreased in five of the seven markets, however rates increased across the entire region by $0.33. Similarly, average asking gross rates decreased in five of the seven markets, but increased by $1 across the region, and are higher than at this point in 2016. After four straight quarters of increasing vacancy rates, the rate showed a slight decrease from the previous quarter. While the availability rate increased by a very small amount since Q1, it remains on a level that is consistent with the previous ve quarters. ... continued on page 36


... continued from page 34

INVESTMENT MARKET: The GTA’s Investment Market exploded in Q2, with almost $1.4 billion of volume. The output was nearly 90 per cent greater than Q1. The quarter saw exactly 50 per cent more transactions this quarter, compared to last quarter (63 to 42) and the average size of each transaction was nearly 20,000 sq. ft. greater. Except for the Midtown market, every other GTA market outpaced what it did in Q1 from a dollar value perspective. The GTA East saw its dollar output increase by more than six times from Q1, while the GTA North saw its dollar output increase by nearly 11 times from Q1. In terms of increases of total value since the previous quarter, the Downtown market increased by more than $200 million, while the GTA West market increased by more than $300 million. OCCUPIER DEMAND: The top industries looking for

space within the GTA remained largely similar this quarter with no notable changes at the top. Overall tenant demand in the GTA increased by more than 200,000 sq. ft., showing that demand for space in the GTA isn’t slowing down.

DOWNTOWN: The Downtown’s addition of the E&Y Tower at 100 Adelaide Street West has led to a slight fluctuation in the overall vacancy and availability rates. Even though both of those rates have increased since the previous quarter, this is only because most of the physical space in the building has yet to be occupied. The majority of the space in this building is leased, but the tenants haven’t moved in. Overall demand in this market is so strong that 16 York Street’s development continues to move forward despite not having any anchor tenants. TRENDS: While average asking gross rental rates

decreased overall in the Downtown market, it is only because they decreased by more than $2 in the Downtown East submarket. They increased everywhere else over Q1. The purchase of 700 University Avenue was by far the largest transaction in terms of both dollar value ($433 million) and size (1.2 million sq. ft.).

MIDTOWN: The projected upswing of Midtown’s leasing activity started to occur over the first two quarters of 2017. The vacancy rate decreased to three per cent and the availability rate decreased to just under five per cent. This increased activity may have been spurred by asking net rental rates that decreased by $0.30 per sq. ft. TRENDS: Private investor purchases of 87 Scollard Street

for $5.495 million and 114 Avenue Road for $4.49 million were the two largest sales transactions of Q2.

CENTRAL NORTH: The Central North had positive absorption this quarter, after five straight quarters of negative absorption. This could signal that tenants are coming back, due to the combination of landlords continuing to be aggressive in their offers and the overall appeal of locating within central Toronto, especially along Yonge Street. TRENDS: Another sign of the increasing health is average

asking net and gross rental rates have increased to historic levels, close to $20 and $40, respectively.

GTA NORTH: For the third straight quarter, the GTA North’s vacancy rate decreased and is now below six per cent. The availability rate also decreased to the low sevens, consistent with where it was one year ago. Asking average rental rates increased across the board, with net, additional, and gross, currently at all-time highs. The demand in this market should continue to increase, especially in areas like Markham and Richmond Hill where blocks of space are incredibly tight, to a point where developers may want to begin building on spec. TRENDS: The two largest leases took place on Whitehall

Drive, D&H Limited renewed at 81 Whitehall, while Smuckers took space at 80 Whitehall.

CENTRAL EAST: For the second quarter in a row, the Central East had the largest amount of negative absorption. We may begin to see a trend where tenants in the Northern submarkets (Woodbine/ Steeles, Consumers Road, Duncan Mill) move into the Central North, in an effort to be closer to the city core, while not having to pay top dollar. Other indicators of a softer market are the increases in vacancy rate, which is now in the high six range, and availability rate, which is now at eight per cent. TRENDS: Crestpoint’s purchase of 1929 Bayview, for nearly

$50 million, was the seventh largest transaction in the entire GTA, while average asking gross rates held relatively steady since Q1, decreasing by only $0.09 per square foot

GTA EAST: The sales market was very strong this quarter. Highlighted by CMHC’s purchase of 889 Brock Road (177,500 sq. ft.), which was the seventh-largest transaction in the entire GTA, the GTA East’s average size per transaction (45,705 sq. ft.) was the third largest in the region. On the other end of the spectrum, the leasing market looks to have softened a bit compared to Q1. TRENDS: Decreases in both the average asking net and gross rental rates were the highest in the GTA.

GTA WEST: The GTA West’s vacancy rate remained fairly constant at 9.3 per cent, only a slight difference of 0.4 per cent. The Airport Corporate Centre’s vacancy rate increased this quarter, due to a decrease in tenant demand in this submarket. Conversely, the Meadowvale submarket experienced strong tenant demand resulting in a decrease in its vacancy rate. The GTA West experienced more than 280,000 sq. ft. of positive absorption this quarter – the majority of it coming from the Brampton submarket. The average asking net rent and weighted average asking gross rent for the GTA West both decreased this quarter. TRENDS: Demand for office space in the Oakville

submarket remains moderate. Numerous options for tenants looking for office space 20,000 sq. ft. and above. Strong demand for space in Highway 427/Bloor/Islington. FOR THE FULL REPORT, METHODOLOGY AND GLOSSARY PLEASE VISIT COLLIERS.COM


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


Volume 17 Issue 10

39

Commercial Real Estate & Business Opportunities

Tom McEvoy

RV Business & Property

$3,500,000

Construction Yard

$1,900,000

11318271_3917

* each office is indpendently owned and operated

Commercial Sales Representative Cell: (613) 242-0145 Office: (613) 967-2100 tom.mcevoy@century21.ca View properties at: www.tommcevoy.ca Inn & Restaurant

$1,990,000

Bayview RV Sales - successful business in high traffic location between Belleville and Trenton on Old Hwy2. 10,000sqft building, 6 offices, sales room, 3 bathrooms, 50’x60’ workshop with 18’ ceilings, 3 10’x12’ bay doors, 1 12’x16’ door. Parking lot is fully paved and lit.

68 acres of industrial zoned land with easy access and visual to the 401. Three steel buildings suitable for automotive, heavy machine storage, construction yard, etc. 4,400sqft with 5 bays + office area, 4,300sqft with 3 bays, 1,000sqft open car-port style. Also available for lease.

Charming inn/restaurant in the heart of Picton, Ontario. A heritage designated mansion built 1878. 13 guestrooms with en-suites, popular restaurant + patio for 50 guests, gift shop, manager’s office and apt, 1.25ac garden +more. Rated TripAdvisor top 25 small hotel in Canada ‘13, ’14.

Suites Hotel

Farm Land

Retail + MultiFamily

$1,150,000

$395,000

64.5 acre property with 60+ acres of excellent workable, cleared farmland north of Stirling. Two outbuildings: 40’x100’ storage barn and 40’x60’ shop with concrete floor. Small portion Ameliasburg soil with clay loam, majority Otonabee soil with loam. Good drainage.

$650,000

Investment opportunity in the heart of downtown Picton. Retail unit on main floor and four apartments above. Each apartment has own balcony, hydro meter and parking.

11306878_3917

An entrepreneur’s opportunity in Bloomfield, Prince Edward County. 5 fully renovated suites with 3 more under construction, 2000sqft retail shop, 4000sqft heated building which could suit a future event centre. Close to Sandbanks, wine tours and the Millenium Trail.

ProAlliance Realty Brokerage Independently Owned & Operated

COMMERCIAL DEVELOPMENT

High profile vacant commercial lot on the city’s busiest street with room to build up to a 6000 square foot building. Belleville, Ontario.

ASKING $174,900

3917_DJW_0030

26 Acres of prime commercial development land. Close proximity to new CASINO and HWY 401. Plenty of available uses.

ASKING $2,125,000 3917_DJW_0031

TWEED – INVESTMENT

2 commercial storefronts with new 5 and 10year leases. 3 tenanted 2-bedroom apartments. Corner location with plenty of parking.

ASKING $545,000

3117_DJW_0018

TRENTON WAREHOUSE

MINI STORAGE + SOLAR – 11 CAP!

76,000 ft building, 3 acre property. Several loading docks, drive bays. Good linkage to HWY 401. Paved parking for 100+.

316 storage units, fully rented. 150 kW solar system 125 storage units, over 90% rented. 6-1 plus 11.5 kW net metered system. Seconds from bedroom apartments plus office space. Well maintained, secure location. HWY 401, 3.8 acres. Executive 2-bedroom home.

ASKING $1,200,000 3117_DJW_0021

REDUCED $4,950,000 3117_DJW_0022

MINI STORAGE + APTS – 9 CAP!

REDUCED $1,850,000 3117_DJW_0023

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

Eastern Ontario

HIGHWAY COMMERCIAL


40

Volume 17 Issue 10

Commercial Real Estate & Business Opportunities

Jack Huitema

220 Broad Street East, Dunnville, ON N1A 1G2

Broker of Record

905-774-7624

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_3917

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

LEASED

Feb 18 -

Mar 18,

INCORPO Full Covera

2017, Volu me

17 Issue

RATING FRANCH

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uding Win

The Commercial Investor

02

0717_DJW_0046

ISE AND BUSINES

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

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4,982 SQ.F

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

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OO • $5,4 95,0

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

Call DUN

CAN MCL

FREE SU

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

519-590-

7997

BSCRIPT

ION!

OWNER ANXIOUS approx. 30 TO SELL. acres Featuri

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

nkerpbr.co

ext 3023

gsmahersolutions@gmail.com

shawnmaherrealestate.com

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

Unique

property potential which offers devel uses. opme

$2,490,000

a

Broke

Get The Com

mercial Inves

MIKE K.

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

NANAVA TI

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

tor delivered

directly to

your door!

(COM)

153 UNI ON

743-5211

Broker

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

590-1666

See inside

for details

For information call 1.800.268.0077

FC_0717

Three retail

G Shawn Maher

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

Please say you saw it in The Commercial Investor

11314784_0717

Eastern Ontario

Through


Volume 17 Issue 10

41

Commercial Real Estate & Business Opportunities

“Your Commercial Connection in Eastern Ontario!”

jamie@ekortrealty.com

www.ekortrealty.com 8305397_3917

• • • •

8 storage silos 44,000 kva service 12 loading docks 24-32 ft ceilings

• • • •

9 acres Previous public school site Concept site plan for 150 residential high-rise 60 townhouse sites

• Over 600 ft of water front approx 20 acres • 85 sites in total: 73 fully serviced • Expansion possible for 44 more sites

• New in ground pool & rec centre • Includes fully renovated owner’s home • Located 1.5 hours East of Toronto on Trent River

GAS, C-STORE & RESTAURANT

INVESTMENT PROPERTY

DEVELOPMENT OPPORTUNITY

• Established for 51 years - one owner! • Busy gas station, convenience store and restaurant • Includes a 2,400 sf mint condition apartment for owner • Located approx. 1.5 hours east of Toronto

2717_DJW_0030

www.iroquoistrailcampsite.com ASKING PRICE $1.75 MILLION

3917_DJW_0051

www.138leland.com ASKING PRICE $2,300,000

• 13,500 sf footprint • 7,000 sf second floor • Trenton Downtown core (1.5 hr east of toronto)

www.89dundas.com ASKING PRICE $1.1M INCOME PROPERTY 3917_DJW_8003

3917_DJW_0050

PRIME LOCATION

Located in Trenton 1.5 hrs east of TO Over 500 feet of frontage Over 25,000 ground floor space 20,000 of second floor space Seller will include furniture business

D

CE

U ED

R

RESTAURANT/BANQUET ROOM

DESIGN BUILD OPPORTUNITY 3917_DJW_8004

www.gghandcraft.com ASKING PRICE $398,000

• 401 exposure • 1,105 ft along 401 – 3 km to exit 525 • 13 acres ( 10 acres cleared and useable)

• Zoned General Industrial • 700 ft on Stockdale rd

www.240front.com ASKING PRICE $695,000

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5.51 acres with Hwy 401 Frontage Zoned CH-9 / MS Municipal services nearby Ideal For Hotel, Rental Business, Auto Dealership, Contractor, Mini Storage

www.25enterprise.com ASKING PRICE $898,900 Please say you saw it in The Commercial Investor

• Zoning permits commercial / residential use • 1.5 acres • Seller wants an OFFER

www.45station.com ASKING PRICE $695,000 50 SLIP MARINA CALLED “STILLWATER BASIN”

• Large 10 bed student rental building • Close to college • Located beside Golf Course

www.pxfurniture.com ASKING PRICE $595,000 2717_DJW_0029

• • • • •

• Downtown core of Belleville • Located on Moria riverriverfront trail • 20,000 ft building

3917_DJW_0053

www.328riverside.com ASKING PRICE $1.45M

• One Year left on Giant tiger lease • Loading dock • Also for lease $8 psf net

• • • •

Site has municipal water and sewer Approximately 600 ft. of waterfront Site is approximately 5 acres in total including the Marina area Price includes Owzner’s waterfront residence and 6 residential rental units

www.274dundas.com ASKING PRICE $1.5M VACANT LAND 3917_DJW_8005

1117_DJW_8003

www.321univercity.com ASKING PRICE $6,900,000

• • • • •

401 exposure 1,105 ft along 401 – 3 km to exit 525 13 acres ( 10 acres cleared and useable) Zoned General Industrial 700 ft on Stockdale rd

www.stockdale.com ASKING PRICE $425,000

Eastern Ontario

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CAMPGROUND + SEASONAL TRAILER PARK 1117_DJW_8004

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• 220,000 sf of Manufacturing or warehousing space • 23 acres • Rail spur/siding

BELLEVILLE ONTARIO 2717_DJW_0029

3917_DJW_8002

321 UNIVERSITY: EASTERN ONTARIO DISTRIBUTION CENTRE


NIAGARA

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

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

Welland Fort Erie Beamsville Fonthill Port Colborne

For advertising

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

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


Volume 17 Issue 10

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

0717_DJW_1_0024

246 VINE ST., ST CATHARINES

3719_DJW_0007

+/-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

333 ONTARIO STREET, UNIT B3, ST. CATHARINES

300 FOURTH AVENUE, ST. CATHARINES

1244 CHIPPAWA CREEK ROAD, THOROLD

3719_DJW_0008

Established business “TASTE OF ASIA” FOR SALE. Turnkey business. The owner is retiring and would like to sell. An established business with potential. OFFERED AT $69,900 Contact Bryan Saelens, Sales Representative bryan.saelens@colliers.com

3719_DJW_0009

+/- 16.46 acres located on E/S of Vine Street; south of Carlton Street. Preliminary sketch for 5 freehold townhouse blocks totaling 28 units. R1 zoning. Possibility to re-zone to high density residential (apartment building). Buyer to complete own due diligence in regard to re-zoning. Sanitary, water and storm water infrastructure in place at Vine Street and Niagara Street. OFFERED AT $1,599,000 Contact Mike Halliday, Sales Representative mike.halliday@colliers.com

3117_DJW_0008

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

Consisting of +/-10 acres of land, the site area is situated on the high traffic commercial corridor of Fourth Avenue at First Street Louth, known as 1st Place Plaza. Rental Rate and additional rent – contact listing agent. Contact Dave Fulton, Sales Representative dave.fulton@colliers.com

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

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

BROKERAGE APPRAISALS MANAGEMENT

2317_DJW_0016

3117_DJW_0010

2317_DJW_0015

93 SHAW STREET, WELLAND

+/-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

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

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_3917

Niagara Peninsula

3117_DJW_0009

42 MAPLEWOOD DRIVE, ST. CATHARINES


inthenews

New data shows federal tax proposals to have harmful effects on vast majority of small businesses the country,”said Kelly.“Nine out of 10 business owners have told us that these tax changes are significant to their business.” One of the government’s proposals would make it more difficult for small businesses, including family-run businesses, to share income with family members. According to the survey, this change would affect two-thirds of small businesses, including more than 50 per cent who share income with their spouse. Another proposal would limit a small business owner’s ability to keep certain investments in their business as a safeguard against future emergencies or economic downturns. Notably, 65 per cent of small businesses hold some form of passive investment in their companies, most commonly income from property or land. These two changes alone would affect the majority of small businesses in Canada.

A

n overwhelming majority (95 per cent) of tax professionals – and small business owners themselves – say the proposed federal tax changes will hurt middle-class business owners and their families, according to a survey released recently by the Canadian Federation of Independent Business (CFIB).

Dan Kelly, President of CFIB, presented the new data to the Standing Committee on Finance (FINA) in Ottawa recently. “The government is trying to convince the public that these proposed changes are meant to support the middle class – that they are only targeting high income business owners. The reality, however, is these are broad-brush proposals that are going to affect businesses at every income level across

“The implications of these changes for small businesses – and by extension to the national economy – are huge,” added Kelly.“These aren’t loopholes for the wealthy, as the government claims. These are legitimate ways for small business owners to grow their business, ensure the stability of the firm during uncertain times, or to save for the retirement. Without these measures, businesses will not be able to create as many jobs for Canadians.” OTHER FINDINGS INCLUDE:

• 88 per cent of business owner respondents indicate that the proposed changes will make it more difficult for their small business to grow and create jobs. • 95 per cent of tax practitioners say that the proposed tax changes will further complicate the tax system and increase the cost of tax compliance for their small business clients. • 94 per cent of small business owners and 95 per cent of tax practitioners do not support this set of tax changes. Detailed survey results are available at cfib.ca. The online survey of CFIB members included two samples: 8,553 business owners and 410 tax practitioners. The survey was conducted between September 6 and September 14, 2017. Business owner results are statistically accurate within +/- 1.06 percentage points, 19 times out of 20; Tax practitioner results are statistically accurate within +/- 4.84 percentage points, 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 10

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_3917

905-641-1110 • 905-562-3000 • Toll Free 1-866-575-9400 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 $7000/year with a 4% yearly increase. 20 acres leased for cash crop @ $50/acre per year. $1,499,800

Vineland building lot. Very quiet area off the beaten trail with no through traffic, yet only 5 mins to QEW. 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. Asking $249,800

High profile corner property overlooking St. Catharines new hospital. Major exposure. All city services just down the road. Corner of First St & St Paul W, the wine route, at the 4-way stop. Almost 2 acres presently zoned 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, just south of Jordan 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

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

tripodi@sympatico.ca

Broker

Garden City Realty Inc Brokerage Independently Owned & Operated

*INDUSTRIAL*COMMERCIAL*INVESTMENT*

8181576_3917

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

Tony Tripodi

Niagara Peninsula

Wake up to your nexthome!

14 SECORD DR., ST CATHARINES Whether you’re renting or buying, finding your next home has never been so easy.

Centrally located on Secord Dr. Building with 3 separate units. Can be used as one whole area or divisible in 3 separate sections. Formerly operated as a ethnic club. Including large dance area – third section laid out for catering business with all kitchen equipment in place. New parking area goes right round the building. Only one year old. Air conditioned. Utilities separated. Strategically located between Scott and Lake. Listed at $919,000. Possible terms. Great deal for your business or as an investment. 3917_DJW_0018

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

Please say you saw it in The Commercial Investor


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


Volume 17 Issue 10

47

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 Private in your Real Estate Today! Returns on YourFunds Existing Equity Are sitting on real estate withspoiled a smallby or the non-existent mortgage? Do not miss out on a great Weyou as currently the general public have been low bank rates being offered to date. Many opportunity that usessothe Bank’s by money create rates excellent as not well even as a continuous stream of cash flow. investors become enticed low to interest thatreturns they do consider the option of using

private funding when they are declined by the bank, and as result, they turn away from a purchase or refinance that could have generated great profit for them. Since rates are still at an all-time low, refinancing and extracting the equity in your home to use towards investing, is something to seriously consider. For those heading into retirement and/or those who would love to have some extra cash flow, the scenario and explanation below will give First of all, why are more and more people getting declined by the bank? Today the banks have you some insight on how to feel comfortable with and reap the benefits from mortgage investing. become very difficult to work with. This is because they have imposed extremely strict requirements for approvals and if you do not meet their exact credentials, you are declined and Many individuals have expressed a concern that investing in mortgages is too risky. As a result, your buying power has been diminished. I am sure many have experienced such frustrations on equity sitting in real estate does not perform and they are missing out on the opportunity to the new and improved banking protocol, specifically business owners and contract workers who generate additional income. What these individuals are unaware of, is that mortgage investing may have difficulty verifying income. Being in the mortgage industry for almost 2 decades now, I does not need to be risky. Throughout the past 15 years, we at Pro Funds have directed our have witnessed vast changes in the approval process for both residential and commercial lending. business model to focus on private lending. With private lending, we have experienced very low

I want to inform alldemonstrates of you investors we cannotofletequity the banks criteria stop our real estate The example below howthat an extraction from existing real estate can be endeavours! We have access to private money where these strict rules do not apply. The approval prove to be lucrative: process for private funding is based on common sense approach. A common sense approach entails analyzing a deal objectively and all-encompassing. A feasibility analysis would be Step 1: Refinance Your Real Estate conducted along with an appraisal of the property, and any other relevant documentation would beYour requested on is a deal specific basis. Although ☑ theWe interest rates are higher, with private residence valued at $450,000.00 will take a variable mortgage rate at funding 2.60% ☑ there is significantly more flexibility with closing times (mortgages can close within a matter of and a 25 year amortization ☑ Your existing mortgage is at $125,000.00 confirmation, on a mortgage offer. higher interest days!), incomewill Pro Funds refinance atloan 80%toofvalues, the and☑conditions Your new monthly payments willAtotal $1630.66 ☑ rate is far worth the ability purchase real estate produce great future value and profit current value which totalsto$360,000.00 Fromcould this refinance you will net $235,000.00 to ☑ that that otherwise may not even be a possibility. invest in mortgages 9649286_3917

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

Business Investor

default ratios and returns ranging between 8-15% annually. Remember that by investing in Just a shortyou time was possible to purchase residential property, family up to 4 units, mortgages areago notitinvesting in paper, a stock,a or an unsecured loan.single These investments are with only down.asToday you would need a minimum down payment of 20% of your purchase secured on5-10% real estate your funds will be registered on title of the property. Although mortgage price. You must100% be able to show that have the funds to support you cannot lending is not guaranteed, theyou process is very secure due tothis thepurchase protocoland we iffollow. The verify your income as declared on your tax returns, then there is a very high probability that direction of funds is a key component to return and success. Pro Funds Mortgages is able you to will be declined. How many individuals have fallen into this category because of being mitigate risky investments by assisting in directing funds to more reliable sources. We do not self-employed? Majority individuals are the ones that are seeking alternative investments typically work with thoseofinthese distressed circumstances or those who have challenged credit. It is as real estate for long term stability because of a lack of post retirement pensions and such because our direction of mortgage placements is geared to investor specific deals (i.e. Investment government support.funds, etc.) that we have experienced such low default ratios. property, renovation


48

Commercial Real Estate & Business Opportunities

Volume 17 Issue 10

Your Real Estate & Mortgage Investment Specialists 1.888.330.3866

info@profunds.ca

www.profunds.ca

Step 2: Your Mortgage Investment & Return Pro Funds will assist in finding a suitable mortgage for you The average return is 12% annually interest only On $235,000.00 at 12% interest you will receive $2350.00 a month After paying your monthly payments of $1630.66, you will have positive cash flow of $720.00 a month ☑ Please take note that through this process this investment is also paying off the principal on your mortgage!! ☑ ☑ ☑ ☑

Please note that this example is realistic and is based off of an actual scenario with Pro Funds Mortgages. This demonstrates that even with mortgage payments as a result of a refinance, investors are able to generate positive cash flows monthly. Investors that have leveraged on this investment opportunity with us are thrilled about the financial rewards and passive nature of the process. Many have been able to retire with a very comfortable life style. I would like to mention that self-directed RRSP’s as well as TSFA’s are also eligible for mortgage investments. For further details and specific information, visit our website www.profunds.ca or contact our office at 1.888.330.3866.

Carmen Campagnaro

Business Investor

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

11289457_3917

President Pro Funds Mortgages


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Mazhar Roshan Sales Representative

GTA Direct Office

mazharroshan@sympatico.ca FOR LEASE $ 8,200.00 PER MONTH

HomeLife Professionals Realty Inc.

Direct

INVESTMENT PROPERTY - RENT FROM $2100 P/M

BROKERAGE

I have qualified buyers for up to $5M in commercial and investment buyers. Call for details. INVESTMENT PROPERTY $569,900

8148414_3917

905.929.9800 647.609.9463 905.574.6400

D L SO 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.

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

2317_DJW_0047

2317_DJW_0046

DOLLAR STORE - $79,900

HAMILTON

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

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

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

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.

1917_DJW_1_0056

1917_DJW_1_0013

1917_DJW_1_0043

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Highly visible hwy location w/2 road frontages, sitting on 3.25 Acre corner lot. Property available for gross lease. Rent includes tmi. 3 Commercial units consisting of restaurant (licenced for 89 seats), bar (120 seats) & banquet hall (240 seats). Residential units consist of 1 - 2 bedrm & 1 - 1 bedrm. Turn key operation. 3917_DJW_0028

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.

$1,299,900

BURLINGTON FOR LEASE $20.00 PER SQUARE FOOT

2717_DJW_6000

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

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

1917_DJW_4_0006

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

11G COM


inthenews

Ontario introduces new measures to help businesses save time and money Changes will help small businesses and cut unnecessary red tape

O

ntario has introduced legislation to make it easier for businesses to grow and create more jobs. The Cutting Unnecessary Red Tape Act, 2017, is intended to help build a smarter, more modern regulatory environment by rooting out unnecessary burdens and streamlining regulations.

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Proposed measures to help small businesses grow and cut red tape include: • REDUCING REGULATORY COSTS: Requiring all

ministries to offset every dollar of new administrative costs to business by removing $1.25 of old and unnecessary costs. • STREAMLINING COMPLIANCE FOR SMALL BUSINESS: Ensuring that undue burdens aren’t placed

on small businesses when new or amended regulations are introduced, while maintaining robust environmental, health and safety requirements and other public interest protections. • INTERNATIONAL OR NATIONAL STANDARDS ALIGNMENT: Increasing harmonization with other

jurisdictions and adopting international or national standards, where appropriate, when developing or reviewing regulations. • REWARDING GOOD ACTORS: Recognizing businesses

that have a good compliance record and lowering their costs by reducing requirements, such as the number of inspections, without compromising the environment health and safety, and other protections. • ELECTRONIC TRANSMISSION GUARANTEE:

Providing businesses the option to electronically submit any required documentation to the Government of Ontario instead of more costly paper submissions. Other highlights of the Cutting Unnecessary Red Tape Act, 2017 include providing a faster, more efficient way to get a pesticide licence by moving from a paper-based application to online, implementing a number of recommendations from the Business Law Advisory Council to update and reform Ontario’s corporate and commercial law statutes and ensuring businesses have access to the information they need through an online modern business registration system. Supporting businesses is part of the plan to create jobs, grow the economy and help people in their everyday lives.

“Cutting red tape, while maintaining the highest safety standards, is crucial to ensuring that our province’s business climate stays strong. This legislation is the product of collaboration across government and businesses to cut red tape. This legislation builds upon the success of the Burden Reduction Act, 2017 and we look forward to continuing to foster a dynamic and innovative business environment by reducing red tape for businesses in the province.” — Brad Duguid, Minister of Economic Development and Growth

“The Ontario Chamber of Commerce (OCC) is pleased to see the Ontario Government prioritize the reduction of regulatory burdens faced by Ontario businesses. Building on the success of the Red Tape Challenge, this legislation demonstrates a commitment to the continued competitiveness and prosperity of our province. We appreciate the ongoing partnership between government and the OCC, as we continue to advocate for a reduction in red tape to spur economic growth and development across Ontario.” — Richard Koroscil, Interim President and CEO, Ontario Chamber of Commerce

QUICK FACTS:

Cutting Unnecessary Red Tape Act, 2017 supports Ontario’s five-year, $650-million Business Growth Initiative that is helping to grow the economy and create jobs by promoting an innovation-based economy, helping small companies scale-up and modernizing regulations for businesses. • Since 2011, burden reduction initiatives have saved Ontario businesses a total of $152 million and 6.5 million hours, surpassing the province’s goal to save businesses $100 million by the end of 2017. Ontario’s 2017 Burden Reduction Report features 20 government initiatives, including eight new projects that resulted in $22.5 million in cost savings for businesses, and an additional $6.8 million saved through six previously announced projects (or multi-year initiatives) with ongoing impacts. • The Burden Reduction Act, 2017 amended more than 50 statutes from 11 different ministries to reduce regulatory burdens and practices that cost businesses time and money, while protecting environmental and health standards and enhancing worker safety. The amendments will provide Ontario businesses up to $31 million in savings every year. • Ontario’s Red Tape Challenge is an innovative online platform to help identify and eliminate regulatory duplication, lessen compliance burdens, shorten response times and make it easier for businesses and citizens to interact with government. In the past 12 months, four sector consultations have been completed with 56,000 website views and 1,100 comments collected on ways to improve our regulatory environment. To date, the challenge has identified 171 opportunities that the government will act on to reduce burdens for businesses. The Red Tape Challenge launched its chemical manufacturing consultation this summer.

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legallyspeaking

Tenant default . . .

What can a commercial landlord do? By Jayson Schwarz

Y

ou have signed a five-year lease with a new tenant. His credit checked out, he did improvements and all is good. Suddenly, two years go by, and then cheques start to bounce. You try to speak to the tenant, communication breaks down, and you are owed money. Your mortgage company wants its payment what can you do?

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Why distress? Subject to HST you have the right if the tenant does not pay you current (quite often plus accelerated rent) within five days of the distress to have the tenant’s goods sold to pay your rent and costs. You need to do appraisals etc. Again consult your lawyer because you cannot afford to mess up doing this. As a comment, a Landlord’s distress comes just about ahead of everyone – including secured bank debt – except monies still owing on a conditional sales contract and a bankruptcy trustee if the tenant goes bankrupt before you have completed a sale. And worst of all, HST. The huge downside risk is HST. If the Tenant owed HST for the period prior to your seizure you the Landlord become liable to remit monies received on the Distress first to monies still owing on a conditional sales contract and then HST. This means you could go through the whole exercise and end up with nothing. Check before you seize!!!!! If you get all of your money, the lease is back in good standing and the tenant’s obligations continue. In a forfeiture, you re-enter the property for the express purpose of terminating the lease, throwing the tenant out and moving forward to re-lease immediately. This is a judgement call based on the value of the tenant’s assets and your own business reasons for how to proceed. Again, notice is critical and often your lawyer can help you find a bailiff to assist in properly terminating the lease and locking-out the tenant. Landlords must ensure that they are protecting themselves before terminating a lease.

The real question is a decision between distress and forfeiture. Ok, what does this mean? A distress is when you enter the premises take control change the locks and seize all of the Tenant’s goods on the premises. A forfeiture occurs when you change the locks and terminate the lease. Remember the lease is your blueprint on how to proceed and if you have a loose lease you may have limited options. Whatever the lease does not cover the Commercial Tenancies Act, R.S.O. 1990, c. L.7 will regulate. Distress: Before a landlord can distress the property, a few conditions will need to be satisfied. You must give the tenant notice in writing of the breach. The governing law states that if notice is required, unless the lease says otherwise (remember what I said about loose leases), such notice must be given 15 days before changing the locks; Provided you have the authority by lease or statute the way to go about this is to attend at the premises with a locksmith and your carefully prepared “Notice of Distress” and change the locks. Remember you must give the tenant access to the premises during normal working hours to attend on the premises. Your lawyer can give you detailed advice on how to wend your way through this technical area so you do not mess up.

Once the landlord re-enters properly, and in accordance with the law and the lease, the property is secured for the benefit of the landlord alone, and the tenant is denied access. The landlord and tenant relationship is ended. The tenant may remove its property and the landlord must try to stem his or her damages by re-renting to someone else. This is old law and some counsel are taking the position there is no duty to mitigate in a commercial lease. My position is that failure to try and reduce the loss by taking steps to re-lease is neither smart from a business or legal perspective. You still have the right to sue the tenant for your losses however, but generally good luck unless you have personal guarantees. Perhaps the most difficult part of writing these articles relates not to the actual writing, but thinking of a topic to address. Please mail, deliver or fax letters to the magazine or to us, use the web site (schwarzlaw.ca), email (info@schwarzlaw.ca), and give us your questions, concerns, critiques and quandaries. We will try to deal with them in print or electronic form.

Jayson Schwarz LL.M is a Toronto real estate lawyer and partner in the law firm Schwarz Law LLP.

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Your nexthome is waiting. Find the perfect new home or condo in the neighbourhood that fits your lifestyle. 16G COM


SPOTLIGHT SECTION 11316357_3917

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!


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“WE PRODUCE RESULTS”

Free CMA Evaluation with this cut out ad

LAND DEVELOPMENT / INVESTMENT / BUY & HOLD FUTURE SOUTH SERVICE RD. STONEY CREEK

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

905-333-3500 1917_DJW_4_0001

BUILDERS DELIGHT

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BOTH MUST BE PURCHASED TOGETHER BECAUSE IT IS AN OPEN CONCEPT DOUBLE UNIT WITH OVER 4000 EW

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ONLY $499,444.00 EACH Approximately 1,932 sq ft, total 5 rooms - Reception/ Lounge 21’6” X 36’, Office 10’ X 10’, Office 17’ X 17’8”, Office 16’ X 15’, Boardroom/ Meeting Room 23’ X 12’1”. Mother company of various large holdings. Fantastic opportunity to buy and hold for future, MLS #H3197256.

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

1019 WILSON ST ANCASTER

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$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

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$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

$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

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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. HALDIMAND COUNTY

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$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

LIGHTHOUSE DRIVE, DUNNVILLE

$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.

$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. UNIT 317 - 1100 SOUTH SERVICE RD., STONEY CREEK

$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.


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Commercial Team In Canada! *

The PB Team Realty

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COMMERCIAL

www.PBcommercialteam.com ** Sales Representative + Broker

REGISTER NOW! MARKHAM’S NEWEST TOWNHOMES! E IV

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LIFE IS CHIC IN MARKHAM

The Politis Brienza Team proudly presents Treasure Hill’s latest Markham community, Trendi Towns. Take this opportunity to register for brand new towns in the high-demand, sought-after McCowan/16th area! Chic and stylish, these urban towns feature a stunning design, aesthetic, desirable features, expert craftsmanship and over 2,000 sq. ft. A selection of the townhomes will be offered with rare 2-car garage! You will find many beautiful nearby parks with numerous scenic pathways just waiting to be explored. Markham’s popular attractions, Main Street Unionville and Main Street Markham, are a short drive away with both offering unique shopping and dining experiences.

REGISTER TODAY WITH THE POLITIS BRIENZA TEAM! 0916_DJW_3_0071 MAIN/DANFORTH

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EAST GARAFRAXA 239 ACRES

PRIME COMMERCIAL/ RETAIL SPACE

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INVESTMENT OPPORTUNITY

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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.

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

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

Ideal Markham location! On a main artery, part of the Cachet area, just 1/2 mile from the proposed Buttonville 4.6 million sq. ft. development site and adjacent to the Montessori School! Portion used as office space. One-of-a-kind. $1,688,000. Call 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.

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Private Funding QUICK CLOSINGS AND FULLY OPEN

INVESTORS We will fund land, vacation properties, condo conversions, flips, vacant, income properties & self employed/no income. We will also fund 100% of a purchase with security on other real estate. (oac)

BUILDERS AND DEVELOPERS We have funds for construction financing, mezz & development funding. Funding available from $50,000 to $50,000,000.

Experienced and easy to work with - call Profunds today!

1.888.330.3866

www.profunds.ca

Pro Funds Mortgages #12051 â&#x20AC;¢ 3410 South Service Rd. Suite G5, Burlington, Ontario L7N 3T2


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Commercial Investor - 30 Sep, 2017 by NextHome - Issuu