Nov 25, 2017 - Jan 20, 2018, Volume 17 Issue 12
INCORPORATING FRANCHISE AND BUSINESS OPPORTUNITIES Full Coverage Area Including Windsor, Hamilton, Toronto, Niagara Falls, Kingston and Ottawa! ATTENTION INVESTORS!
LARGE AND SMALL APARTMENT BUILDINGS WANTED D TE AN W
Close to the 401 hwy in Bowmanville - Legal 4-Plex just under 4,000 sqft on Two Adjoining lots (0.66 Acres) Located in the Heart of Future Development Including: Future GO Station, Retail Outlet Center, Lowes, Comfort Inn, Residential Developments. 3-Units Currently Tenanted Willing to Stay. Amazing Income Property w/ Future Development Potential! Contact Jennifer 647-667-6871 for Additional Information. MLS E3948114 Contact:
JENNIFER MACARTHUR Broker
Cloud Realty Direct: (647) 667-6871 | Office: (905) 997-6000
D E T N WA
W AN TE D
SOLD BY WINCORP REALTY INC.
• Large and Small Apartment Buildings anywhere in Ontario • Have many CASH Buyers ready to invest NOW • Specializing in multi-residential sales for over 40 years • References supplied • Confidentiality guaranteed CONTACT:
WINSTON DAVIES, BROKER OF RECORD WINCORP REALTY INC. REAL ESTATE BROKERAGE GUELPH,ONTARIO TEL: 519-836-2080 EMAIL: wjmdavies@rogers.com
34 BRIDGEPORT RD E, WATERLOO | $2,800,000
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!
• 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 • 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 Sales Representative
CMA Realty Ltd., Brokerage Phone: 519-578-0337 | Email: ryan@cmarealty.ca
Get The Commercial Investor delivered directly to your door! See inside for details
FC_4717 (COM)
-214-487 6 5 41
Society of Real Estate Brokers
PROPERTY OF THE MONTH
BRAND NEW COMMERCIAL CONDOS ONLY 1 UNIT LEFT 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. Immediate occupancy available. Call Nick and Nic for further details. 1917_DJW_3_0023
AVAILABLE IN HAMILTON
OFFICE UNIT FOR LEASE
SPACE FOR LEASE COLBORNE ST. E. BRANTFORD
IN STONEY CREEK
Main floor office space available along busy Main St. E. near St. Peter’s Hospital. This art deco two story office building provides the right professional look for your business. The site provides great exposure to Main St. E., plenty of parking and bright open office space. The space is currently laid out with numerous offices with a large reception and waiting room, along with a large board room, kitchen, washrooms, and file storage. The partial basement is available for additional space for offices or storage. Please call listing broker for further details. 4717_DJW_0034
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.
$16 PER SQ FT PLUS $4 TMI/CAM
LAKE FRONT RESTAURANT UNIT
FUTURE DEVELOPMENT LAND
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
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
FOR LEASE
FOR SALE or LEASE
ATTENTION LAND OWNERS
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
1917_DJW_2_0011
COMMERCIAL LOTS OR BUILD TO SUIT FOR RETAIL, OFFICE, GAS, FOOD USES SOUTH OF HAMILTON IN UPCOMING COMMUNITY NEAR HAMILTON AIRPORT.
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
1917_DJW_1_0026
WE NEED DEVELOPMENT LAND PLEASE CALL US
Nicholas Kazan, Nicolas von Bredow, Royal LePage Macro Realty, Brokerage
250-2247 Rymal Rd. E. Stoney Creek, Ont. L8J 2V8 2G
COM
Broker, CCIM nkazan@royallepage.ca Office 905.574.3038
Broker, CCIM nvbredow@royallepage.ca Office 905.574.3038
Not intended to solicit Properties or Buyers Currently Under Contract
11308425_4717
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
+ + + +
+ + + +
±13,705 sq. ft. situated on ±0.70 Acres Zoned M-3 Ideal for an owner/user Asking $2,195,000
Todd Cooney** SIOR 519 340 2315 todd.cooney@cbre.com
25,000 sq. ft. multi-tenant building High traffic exposure backing onto Hanlon kwy Value-add: Under market rents, short term roll overs Asking $1,950,000 ($78/sf)
Joe Benninger* CCIM 519 340 2323 joe.benninger@cbre.com
ATTRACTIVE OFFICE BUILDING Cambridge, Ontario + + + +
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
+ + + +
FULLY LEASED INDUSTRIAL INVESTMENT Guelph, Ontario
Located within prestigious Shaw Valley subdivision 5.73 acres, Draft Plan Approved Zoned HR3-89, allows single family & townhomes Many lots back onto woodlot and/or ravine-like
David Yanoshita* 519 286 2020 david.yanoshita@cbre.com
MULTI-TENANT INDUSTRIAL/COMMERCIAL Kitchener, Ontario
Michael Black* 519 340 2313 michael.black@cbre.com
SINGLE TENANT INDUSTRIAL INVESTMENT Waterloo, Ontario + + + +
10 Minute walk to both WLU and U of W campuses. Access to major bus routes and future LRT. On site car parking & furnished units. Asking $7,395,000
James Craig* 519 340 2330 james.craig2@cbre.com
Joe Benninger* CCIM 519 340 2323 joe.benninger@cbre.com
Waterloo Region 101 Frederick Street, Suite 810 N2H 6R2 T 519 744 4900 F 519 571 9315
High quality 25,383 sq. ft. building on 2 acres Income security with tenant in place Waterloo’s Northland Industrial Park 0.5 acres of excess land for future expansion
Joe Benninger* CCIM 519 340 2323 joe.benninger@cbre.com
87 BEDROOM STUDENT RENTAL PROPERTY Waterloo, Ontario + + + +
16,268 sq. ft. in two buildings on 1.138 acres Always leased with excellent street visibility Net Operating Income $140,499.25 per year Asking $2,240,000
Mel de Oliveira**, CCIM 519 340 2311 mel.deoliveira@cbre.com
Mitchell Blaine* 519 340 2309 mitchell.blaine@cbre.com
VACANT LAND CONDO SITE St. Thomas, Ontario + + + +
Total building size: 140,000 sq. ft. Occupancy: 100% Cap Rate: 9.4% Asking $5,950,000
11284449_4717
Michael Black* 519 340 2313 michael.black@cbre.com
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.
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SOUTHWESTERN ONTARIO COMMERCIAL OPPORTUNITIES SOUTHWESTERN ONTARIO SOUTHWESTERN ONTARIO CCOOMMMMEE R ALL OOPPPPOORRT TU U RC C II A N INTIITEISE S A RARE FIND
FREE STANDING BLDG
LIGHT INDUSTRIAL
ATTENTION INVESTORS
2679 Howard Avenue
INCOME Windsor, PROPERTY ON
635 Wilton Grove Road - London Ð Building 96,024 square feet Ð Site Area - 6.495 acres Ð ZonedAndrew LI 1 Johnson * Ð Various clear heights - 25’-9’ 519.438.8639 andrew.johnson@cushwakeswo.com Ð Easy access to 401 with fenced compound
Asking Price $4,950,000
1885 Blue Heron Drive - London, ON Ð Near WalMart, Canadian Tire, LCBO, Winners, Golf Town, Sport Chek....etc David Ð FullyJongerden air conditioned* units 519.438.9125 Ð Grade loading david.jongerden@cushwakeswo.com Ð Building very well mainted Ð Units 1,2 - approximately 2,700 sq.ft.
Andrew Johnson * 519.438.8639 LIGHT INDUSTRIAL andrew.johnson@cushwakeswo.com London, Ontario Brent Rudell *** 519.438.5608 brent.rudell@cushwakeswo.com
RESTAURANT / RETAIL 96,024 Square foot building Site Area: approx. 6.945 acres Various clear heights - 25’ - 9 ‘ Power - 2000 amps / 600 volts INDUSTRIAL LAND
Ð Large lot with 30 car parking Ð 10 cranes ranging from 5-25 ton Asking $2,500,000 ($27.00 psf) Sale Ð Indoor / Price Outdoor $1,700,000 storage Ð $175,000 NOI w/excess vacancy $1,500,000 Gary Pollock ** Sale Price $1,625,000 519.931.2174 FARMLAND Lease Rate $8.00 psf NetLAKE ERIE SALE PRICE $2,950,000 gary.pollock@cushwakeswo.com Central Elgin, Ontario Tyler Desjardine * Peter Craig * $2,750,000 NEW PRICE 519.438.5403 519.931.2184 tyler.desjardine@cushwakeswo.com peter.craig@cushwakeswo.com Andrew Johnson, Sales Representative
LAKEFRONT FARMLAND
Dock & Grade loading Easy access to 401 highway e New Pric Fenced in compound Zoned: Light Industrial LI 1 VACANT LAND
Asking $4,950,000 ($51.50 psf)
RETAIL DEVELOPMENT Komoka, Ontario
45 King Street - London, ON
Windsor, Ontario Ð 93,000 sf - freestanding industrial /
93,000 square feet - free standing industrial, warehouse and office facility warehouse, office facility Ð tenanted LocatedPartially on 7.05 acres e of land ric PAcres wHoward NÐ e7.05 Fronting Ave, north of Edinborough St. clear height 16’ -Ð 30’16’-30’ foot clearfoot heights Wilton Rddoors - London, ON Ð 1180 Various grade loading 10 cranes ranging from Grove 5-25 tonnes Ðtenanted Southon-site London location Partially with strong income stream Ð Ample parking 18,000 squarepower feet, air conditioned NOIÐ$215,000 / $567,000 Gross Income 3Ð Phase 600v with several Ð Rate Includes 5,500 sq.tf. of very nicely 8.6% Cap of current income connection points with various offices Over 200 Kfinished of additional income potential amperage’s throughout
519.438.8639 andrew.johnson@cushwakeswo.com
STRATHROY AREA
David Jongerden, Sales Representative 519.438.9125 david.jongerden@cushwakeswo.com Erie Currently farmed for Corn/Beans
201 acres abutting Lake Sandy loam and light clay soil 125 workable / 76 forested acres Income from Bell Mobility Tower runs throughout the flat and Income from 3 Bdrm Farmhouse cleared acreage PRESTIGIOUS BLDG Asking $2,200,000
STAND ALONE OFFICE BUILDING London, Ontario
42917 Dexter Line - Central Elgin, ON
370 Albert Street - Strathroy, ON
Ð 201 Acres abutting Lake Erie Ð Located in a building to be occupied by 300+ Ð 3,165 sq.ft. building on 7.43 acres Ð Currently farmed for Corn and Beans office workers in 2017 Pkwy & River Rd Veterans Memorial Ð OneQueens storey building / no basement 1424 Southdale West 602 Avenue Ð Sandy Loam and Light Road Clay soil runs throughout Ð RestaurantON space available across from the flat andON cleared acreage. London, Ð Zoned C3-4, EP London, London, ON Ð 125exposure Workable and 76 Forested Acres, as well as with stately pillars Featuring a two storey atrium Budwieser Gardens Site provides excellent Stucco exterior For Sale or For Lease Lifebreath office systemspace installedin fringe Ð Potential ÐÐ Premier Ð Approximately a farmhousefor andFuture barn. Development Sitektichen Area of9.5 7.8 Acres acres and private grounds off an open concept executive Ð Complete with a walk-in cooler, 12 toft Glendon RoadÐ Included is income from a Bell Mobility Tower Handicap washrooms Perfect location for Retail / Potential to accommodate up to Ð Approximately 16.58 Acres Exposed brick walls, ornate Ð downtwon boardroom core Ð Excellent exposure to Veterans range hood, and feet electric lines lease on the property Medical or OfficeÐ Development 62,000gas square On-site parking for 130included vehiclesIncome woodwork Located in Byron outside Urban and unique features Potential for overparking $50,000 Gross per year ÐÐ On-site, free in rent Parkway Various sizes andÐ configurations Future income potential through the logging Zoned C2-9floor dining area Ð Memorial Bright open main Up toand 38,599 SF available Growth Boundary maple syrup production Ð Over Property taxes (2016) $12,089 Ð 38,000 square feet ÐÐ Convenient highway access to 401 Askingwith $3,600,000 or Lease Rate $20.00-$25.00 Netincome Lease Rate $14.95 psf Net Owner will assist improvement Many sources abound as well as future ÐÐ psf Great access to 400 Series highways ÐAsking Well wired and finished space Ð Zoned H*LI2 development potential Allowance and / or free rent Price $449,900 Ð Abutting small towns of Komoka, Contact Andrew Johnson * Contact David Jongerden * for single user but space ÐLease Preference ÐLease Daily traffic count of approximately Kilworth and Delaware Rate $10.00 psf Net Rate $19.95 psf Net Asking Price $2,300,000 Listing Agent 519.438.8639 Listing Agent 519.438.9125 may be demised 26,000 vehicle per day Ð Zoned AG1 for more details: andrew.johnson@cushwakeswo.com for more details: david.jongerden@cushwakeswo.com David Jongerden * $2,200,000 Tyler Desjardine * David Jongerden * SALE PRICE $995,000 SALE PRICE $689,900 519.438.9125 519.438.9125 519.438.5403 LEASE RATE $14.95 psf Net tyler.desjardine@cushwakeswo.com david.jongerden@cushwakeswo.com david.jongerden@cushwakeswo.com Brent Rudell, Broker of Record 519.438.5608 brent.rudell@cushwakeswo.com
Brent Rudell, Broker of Record 519.438.5608 brent.rudell@cushwakeswo.com
Andrew Johnson, Sales Representative 519.438.8639 andrew.johnson@cushwakeswo.com
Jameson Lake, Sales Representative 519.438.8548 jameson.lake@cushwakeswo.com
. 5558888 5 15 91 .94. 43 38 8. 5
www.cushwakeswo.com
www.cushwakeswo.com Real Estate Brokerage, Independently Owned and Operated
519.438.5588 A Member of the Cushman & Wakefield Alliance
Real Estate Brokerage, Independently Owned and Operated A Member of the Cushman & Wakefield Alliance
www.cushwakeswo.com Real Estate Brokerage, Independently Owned and Operated A4GMember of the Cushman & Wakefield Alliance COM
David Jongerden, Sales Representative 519.438.9125 david.jongerden@cushwakeswo.com
CUSHMAN & WAKEFIELD
SCUSHMAN o u t h w e s t e&r nWAKEFIELD Ontario
620-A S o Richmond u t h w eSt., s t2nd e r Floor, n OBox n t 19 ario London, Ontario N6A 5J9 620-A Richmond St., 2nd Floor, Box 19
CUSHMAN &***WAKEFIELD London, Ontario N6A 5J9 * Sales Representative **Broker Broker of Record Southwestern Ontario
* Sales Representative **Broker *** Broker of Record 620-A Richmond Street 2nd Floor, Box 19 11266917_4717 London, Ontario N6A 5J9
ear
8172756_4717
5G
COM
11257575_4717
Mildred Direct: 519-741-6970 REALTY LTD., BROKERAGE INDEPENDENTLY OWNED & OPERATED
Len Direct: 519-741-6368 or by email Len & Mildred:
Mildred Frey Broker
519-669-1544
Len Frey
mildred@thefreyteam.com
Sales Representative
w w w. t h e f r e y t e a m . c o m
FOR LEASE
FOR SALE
UNIT C-5150 AMENT LINE, LINWOOD, ON -- $7.50 per sq. ft. Unit is 1300 sq. ft,, on the main street of Linwood. All in is approx. $1,192.00 monthly. Small country town serving a large rural community and the town of Linwood. Next to a Home Hardware. Great for drug store, or office or many commercial uses. Motivated owner. MLS 30611796
120 ORIOLE PARKWAY, ELMIRA 4717_DJW_0039
#1-63 ARTHUR ST., SOUTH, ELMIRA, ON - $10.00 per sq. ft. Unit is 1025 sq ft. All in is approx $1,704.81 monthly. Has great exposure on the main street of this busy town. Good location for anything in retail sales, fast food, or office. Close to High School, within waking distance for lunches. MLS 1524851. #4-63 ARTHUR ST. SOUTH, ELMIRA, ON. - $ 12.00 per sq. ft. Unit is 460 sq. ft., on the main street of Elmira at the back of the building with the front facing to the street. All in is approx. $801.35 monthly. Close to municipal parking lot across the street and street parking for customers. Great for a one man operation. Or any small office or retail. Available May 1st. 2018. Short term in place at this time.
$925,000.00 MLS 30549370. Attractive building in good repair, in middle of popular residential area in Town of Elmira, 15 minutes North of Waterloo. Active Fitness Centre in front unit and Golf Simulating in back unit. Centre unit is still for rent, but could be used by an owner operator.
This property consists of 3 buildings and one quanset, all along the main street of Linwood. All zoned for commercial use with one residence and an upstairs apartment, over the post office at the east end of the buildings. Apartment entrance is off Isabella Street to the upstairs. The owner will move if sold so the setting is very flexible. Can be owner operator in the balance of the building or can be rented out completely.
4717_DJW_0040
Units 2&3 -120 ORIOLE PARKWAY, ELMIRA, ON - $8.50 per sq. ft. Unit is 2365 sq.ft. in a plaza to the West of main street. All in is approx $2,806.07 monthly. This is ideal for a large office with ample parking within a popular residential area. The mall has Pizza, hair salon, laundromat, mini mart, dog grooming fitness center & golf simulating. All these facilities make this a popular corner close to schools. probably large office or any service oriented business, very light industrial. MLS 30559242.
8 MAIN ST. E., HAMILTON
247 CENTENNIAL PARKWAY N., HAMILTON
QEW & CENTENNIAL PARKWAY 45 GODERICH
OFFICE SPACE
COMMERCIAL/RETAIL/ OFFICE SPACE
OFFICE SPACE
406 - 1548 sq. ft. Downtown excellent office building. Completely air conditioned, heat, hydro, maintenance, janitorial, taxes all included.
For Lease - 4153 sq. ft. from $7.50 per sq. ft. Close to QEW, Red Hill Parkway & major bus routes.
Available Immediately. 1403 sq. ft. Plenty of parking and signage. Easy access to QEW. Rent from $11.00 per sq. ft.
4717_DJW_0004
v
FOR SALE
5150 & 5158 - AMENT LINE, LINWOOD MLS 1528180.
1917_DJW_1_0028
1917_DJW_1_7007
905-777-0252 ext 304 E-mail:
info@desantis.com
www.desantis.com 6G
COM
8148088_4717
Tony DeSantis
SOLD
2717_DJW_0016
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
• 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 #3 - 35 CHERRY BLOSSOM RD, CAMBRIDGE
$249,900
3917_DJW_0012
$629,900
• Solid investment property on .25 acre with redevelopment potential • Close to transit & 401 • Five unit apartment building plus hobby garage with two bays, pit & hoist • Approx. $100,000 invested since 2005 in maintenance, renovations/improvements • MLS. • Call Ryan Briggs
$25.00/SF
• 20 year old established catering business • State of the Art industrial kitchen with storefront cafe & temperature controlled trailer • Business includes contracts and assets • Financials etc. are available for qualified buyers • MLS • Call Christina Rooney 519-654-2408
$21/SF
#4 - 885 GLASGOW ST, KITCHENER 3917_DJW_0013
3517_DJW_0030
222 KING ST. SOUTH , WATERLOO
• Units of 967, 1367, 1390 and 2334 sq. ft. • Prime Uptown Waterloo location, across from Sun Life Financial, on future LRT route. • Newly constructed, ground floor. Suitable for office, clinic, personal service use, financial institution, and coffee/bake shop. • MLS. • Call Rebecca Rawlings
KITCHENER, ONTARIO
519.578.0337
CELL:
193 WATER ST S, CAMBRIDGE
$1,095,000
• 4.84 acres of natural open space land • Currently zoned OS1 • Close to the Grand River and Churchill Park • Pre-Consultation document proposing low to medium density residential with between 40 48 units is available • MLS • Call Duncan McLean 255 NORTHFIELD DR, WATERLOO
$25 - $40/SF
• 1,000 - 9,505sf inline and pad sites, to be constructed • MXC zoning permits many uses • Complex will include 250 residential units • 15 minute walk to future Light Rail Transit route • MLS • Call Duncan McLean 281 GODERICH ST, PORT ELGIN
FROM $15/SF
1917_DJW_0071
4717_DJW_0028
1214-1218 KING ST E, CAMBRIDGE
• 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
4717_DJW_0043
• 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
$1,200,000
2317_DJW_0044
$2,800,000
4717_DJW_0042
1917_DJW_0031
34 BRIDGEPORT RD E, WATERLOO
159 ERB ST W, WATERLOO 1917_DJW_1_0029
$4,995,000
3117_DJW_0014
2317_DJW_0043
• 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
$1,400,000
• Two adjacent bungalows ideally suited for land assembly and future development • Total 100' frontage with a depth of 155' for a total of 0.358 acre • MR-6 Zoning • Easy access to universities & public transit • Exclusive • Call Ryan Briggs
• Easy access to Conestoga Expressway, shopping, restaurants & public transit • Exclusive • Call Neil Koebel
SOLD
153 UNION ST E, WATERLOO
406 & 408 ERB ST W, WATERLOO
• 1,500sf light-filled space with ample windows, four offices, washroom and staff room • Full Basement available at low additional cost • I-1 zoning allows numerous health, financial, office or personal uses • CAM $11.31/sf • MLS. • Call Duncan McLean
• 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
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_4717
• 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
RIVERFRONT TOWNHOUSE SITES Brantford, Ontario + + + +
Joe Benninger* CCIM 519 340 2323 joe.benninger@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
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
+ + + +
Michael Black* 519 340 2313 michael.black@cbre.com
Dietmar Sommerfeld** CCIM 519 340 2314 dietmar.sommerfeld@cbre.com
± 5.4 acres with potential for ±170 units Zoned R-6 (0.6 x coverage) Includes 6 serviced townhouse lots Asking $8,000,000 (Offers Due Dec 1, 2017)
Martin Cote* 519 340 2317 martin.cote@cbre.com
Joe Benninger* CCIM 519 340 2323 joe.benninger@cbre.com
Waterloo Region 101 Frederick Street, Suite 810 N2H 6R2 T 519 744 4900 F 519 571 9315
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
INDUSTRIAL DEVELOPMENT LAND London, Ontario
TOWNHOUSE DEVELOPMENT LAND Kitchener, Ontario + + + +
Brad Collins* 519 946 3034 brad.collins@cbre.com
INDUSTRIAL INVESTMENT OPPORTUNITY Kitchener, Ontario
+ 45.18 Acres (±31 usable acres) + Zoned Z10 (H) + Asking $1,695,000
INVESTMENT OPPORTUNITY Kitchener, Ontario + 18,800 Sq. Ft. Fully leased office building + 3.13 Acres of development land + Located in the desirable Sportsworld node
CAMPGROUND/DEVELOPMENT OPPORTUNITY
LAND OPPORTUNITY Wilmot Township, Ontario
±4.6 acre site with potential 61 town/semi units Flanking the Grand River & SC Johnson Trail Centrally located near downtown Brantford. Asking $2,745,000
Martin Cote* 519 340 2317 martin.cote@cbre.com
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_4717
+ + + +
3.29 acres, with services at the road Zoned LI1, allowing a variety of uses Surrounded by new development, close to Hwy 401 Asking $620,000
Kevin MacDougall** 519 286 2013 kevin.macdougall@cbre.com
Windsor 3200 Deziel Drive, Suite 110 N8W 5K8 T 519 252 4095 F 519 252 7554
www.cbre.ca * Sales Representative ** Broker
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8G
COM
11319732_4717
Toronto Investment Real Estate www.HeyAddy.com www.buildingsforsaletoronto.com
CURRENTLY WORKING WITH 112 BUYERS LOOKING FOR INVESTMENT PROPERTIES NEAR YOU... WHAT DO YOU HAVE THAT WE CAN SELL THEM? 6 UNITS, 2 SEMI DETACHED TRIPLEX IN SOUTH RIVERDALE $3,800,000 4.2% CAP RATE This property is mirror image on both sides. The owner bought the property, gutted it and have renovated it with all permits into a legal six plex located on a major thoroughfare from Downtown Toronto. The property is located in South Riverdale which is seeing amazing price and rent appreciations due to its location and access to services. Steps from DVP exit off Dundas and Broadview Street car lane, this property hosts a Walk Score of 95, Transit Score of 93 and Bike Score of 99. There are too many upgrades to list them all here and a complete package is available to interested parties. 17 RESIDENTIAL UNITS IN WESTERN ONTARIO REAL ESTATE $1,198,000 THE PROPERTY IS CONSISTING OF 3 BUILDINGS • Fourplex • Seven Plex • A townhouse complex with 6 townhouses
LARGE FIVE UNIT BUILDING IN ANNEX, If you’re looking for an investment DOWNTOWN TORONTO REAL ESTATE property that is low maintenance, is new and already making money, look $2,999,888 @ 5.75% CAP RATE no further than this property located on the Bloor subway line in the Annex neighborhood in downtown Toronto with 5 units in it. The property is semi detached in the front with a massive addition in the back and is finished with above average finishes. Quartz counters, stainless steel appliances, individually metered, individually heated and cooled, washer and dryers within each unit are some of the features this property presents. 43 UNIT BUILDING IN WOODSTOCK, ONTARIO ASKING $2,000,000 PRICE PER UNIT $46,000 CAP RATE 6.5% Below market rents on this large 43 unit building with upside on rents. Video coming soon to www.buildingsforsaletoronto.com Contact for more info
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Broker nkazan@royallepage.ca Office 905.574.3038
Broker nvbredow@royallepage.ca Office 905.574.3038
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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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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
Existing
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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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IN HAMILTON
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uding Win S OPPO HOME BASE dsor, Ham RTUNITIE D M1-1 ZONI ilton, Toro S 551 CTY RD NG nto, Niagar 121, FENE INVESTMENT OPPO a Falls, Kin LON FALL S, KAWARTH RTUNITY!! gston and 00 LARGE A LAKES 9,0 AND SMA 84 LL
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IN HAMILTON BUILDING FOR SALE
For information call 1.800.268.0077 9G
COM
COMMERCIAL, REAL ESTATE & BUSINESS OPPORTUNITIES 10228647_4717
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.
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. 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 ON THE SOUTH WEST CORNER OF MILTON, ONTARIO. WE ARE TOLD THAT A LARGE UNIVERSITY IS PLANNED FOR THE AREA JUST ACROSS THE ROAD FROM THE 49 ACRE PROPERTY. BUY THE PROPERTY AND DOUBLE YOUR MONEY IN 2 TO 3 YEARS’ TIME. AT PRESENT THE PROPERTY IS NICE CLEAN CLEAR LAND. BUILDINGS ON GOOD SIZE PROPERTIES THAT CAN BE MADE INTO RETIREMENT HOMES VERY EASILY BY THE BUYER AT A GOOD REASONABLE PRICE.
OR
LARGE APARTMENT BUILDINGS ARE WANTED BY MY CLIENTS. (75 TO 200 UNITS) PLEASE CALL ME IF YOU HAVE ONE OR TWO AND WOULD LIKE TO SELL, OR ANY ONE WHO WOULD LIKE TO BUY ONE OR TWO.
BILL BRADLEY 416-258-6866 BUY A GOOD 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
SELLERS AND BUYERS WANTED 10G COM
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Commercial Real Estate & Business Opportunities
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Commercial Real Estate & Business Opportunities
Volume 17 Issue 12
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
Special Features 6 INSIDER INSIGHT — Meet the flexible, programmable mall spaces of the future by Bryan Croeni 14 LEGALLY SPEAKING — Deciphering legal language by Jayson Schwarz 32 TREB REPORT — GTA Realtors release commercial market figures 36 MONEY SENSE — Want to finance your own business? Here’s how 38 IN THE NEWS — Ontario passes legislation to help businesses save time and money 42 BUSINESS BAROMETER — Confidence steadies in October 44 INSIDER INSIGHT — BC’s top 10 cities for real estate investment
GLOSSY SECTION EDITORIAL 12G IN THE NEWS — Curating the commercial podium 14G IN THE NEWS — Toronto’s future transit links hold promise of substantial real estate investment
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KITCHENER, WATERLOO & GUELPH SECTION COVERING: Cambridge Durham Elora
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Kitchener/Waterloo Guelph & Cambridge
www.teammilovick.com
519-745-7000
BROKERAGE INDEPENDENTLY OWNED AND OPERATED
Unit 15C, 370 Highland Road West, Kitchener, ON N2M 5J9
Mike Milovick B.B.A., CCIM, Broker mike@teammilovick.com
fax: 519-489-1333
Jennifer Shingler
11298911_4717
Grand Valley Realty
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
D L SO
D L O S
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
22 EZRA AVENUE, WATERLOO
D L O S
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®
699,900
$
• Nearly $63,000 Annual Gross Income • Steps to Wilfrid Laurier on Most Desirable Student Street • City Approved Rental Licensed Duplex with Ten Rental Bedrooms • Ideal Opportunity to Warehouse Site for Future Land Assembly 4717_DJW_0027 • MLS®
• $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®
314,900
$
1917_DJW_0018
insiderinsight
Meet the flexible, programmable mall spaces of the future By Bryan Croeni, Principal at B+H Architects Advance Strategy
I
n today’s disruptive environment it’s easy for designers to instinctually feel they have a pulse on what the future of retail space is going to be and how the function of the mall will evolve. It’s clear that one of the greatest threats facing the shopping mall is ecommerce; however, this is not the only consideration. Many malls are dying, many are struggling to reinvent themselves and still, amidst the chaos, others are flourishing.
When B+H Architects gathered its design leaders for a two-day design charrette in Toronto to explore the future of ‘the mall’, the first thing we did was to acknowledge that we don’t have all the answers. By studying the trends impacting the eight identifiable attributes that make up the mall of today, we could piece together future scenarios that will guide us as we design the malls of tomorrow. 1. SPACES - EXPLODE THE BOX
Traditional big box anchor tenants and corridors full of rigid spaces make less sense when the shopping experience is replicated digitally. Since physical space no longer dictates where and how we do commerce, a shift to modular flexible spaces that expand and contract based on needs could become the norm. 2. MOBILITY - WAR OF THE PARKING SPACES
As the car becomes detached from consumer habits, designers will need to account for new modes of transit and embed mobility into the overall shopping experience. The world is preparing for the autonomous vehicle and empty parking lots are already seen as opportunities to introduce mixed-use. Taking the Hyperloop home will be more appealing if a drone is there to carry your shopping bags. 3. TECHNOLOGY – THE DIGITAL DIVIDE
Today the mobile share of global ecommerce is estimated to be 70 per cent, fueled by the 66 per cent of the global population that owns a smartphone. Malls need to fight fire with fire, by ensuring the integration of technology acts in service to human experience and not as the experience itself. Technology can be leveraged to make spaces instantly programmable and customizable.
antiquated infrastructure to align with the global energy transition is a perfect opportunity to embed flexibility and customization into the mall. The mall can act as the spine that everything plugs into, receiving and sending the information to potential retailers, programmers, vendors and guests. 5. TENANT MIX – SYSTEMIC CHANGE
A mall programmed around social attractors that draw people together will invariably change based on shifting user needs, wants and desires. With flexibility and change embedded in the mall’s structure, an extension of the Air BnB/Uber models can be leveraged to facilitate an element of purposefully transient tenant spaces. 6. USER EXPERIENCE – CAMPFIRE
Buying stuff will not survive as the primary purpose of the mall. In the future you will go to the mall to “wake up.” Retailers are already increasing their programming with a focus on experiences. As the lines between live, work and play continue to blur, community and social activity will become the generators of retail and not the other way around. 7. INVESTORS – SHARING SPACES
Change, not growth, is shaping an increasingly global investment market. A mall that is a collection of experiences and opportunities for commerce lends itself to a new kind of ownership model built around multiple stake holders, community ownership and the sharing economy. 8. GUESTS – THE NEXT DISRUPTORS
Just three major consumer groups will generate 50 per cent of total global urban consumption growth between now and 2030: the retiring and elderly in developed economies, China’s working-age population, and North America’s working-age population. The next disruptors are Generation Z, who have demonstrated a willingness to trade in technology for authentic experiences that can’t be replicated anywhere else.
4. INFRASTRUCTURE – PLUG AND PLAY
Building on technology, the increasing pressure to update
Please say you saw it in The Commercial Investor
Bryan Croeni, AIA, MA, LEED AP, is a director of B+H Architects’ Seattle studio and co-founder of B+H Advance Strategy. His career spans over 35 years of practice in architecture and design. bharchitects.com
7
Commercial Real Estate & Business Opportunities BROC OO K MBM UE IL RD C II N AG L ICN OVNESSUTLO TR ANTS
PROTECTING YOUR INVESTMENT
BU RIE D O I L TA N K S O N S I T E
BURIED OIL TANKS
on site may not be readily visible, disclosed or known at the time of the sale of a property. 1. Site remedial measures are costly. 2. The Owner is liable for environmental damage to the subject and adjacent properties as a result of oil spillage from corroded tanks. 3. Obtain legal guidance from your solicitor.
AVOIDING ISSUES
SITE REMEDIATION 1. Locate - metal detector 2. Excavate carefully by hand and machine 3. Open and clean tank 4. Remove the tank and
contaminated soil. 5. Test certificate for soil. 6. Backfill with only new, clean compacted soil.
A Building Condition Assessment should help identify if there is an abandoned oil tank on site. e.g. Look for - abandoned supply and vent pipes, oil gages, pumps and oil lines.
C O N S U LT I N G E N G I N E E R S Building Inspection Cost Consultants
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Kitchener/Waterloo Guelph & Cambridge
Volume 17 Issue 12
8
Commercial Real Estate & Business Opportunities
Volume 17 Issue 12
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 R E TA I L / O F F I C E Low cost office space. Utilities extra. Gary Boudreau* COLDWELL BANKER COMMERCIAL 22,383 SF ∙ 2.69 Ac.∙$4,100,000 ∙ Exclusive I LL/ EO/F LF E I CAES E F OR ERT SA A · MLS:30535669 1,824 SF · ∙$16.95/SF Waterloo urpose built o ce· Kitchener building PETER BENNINGER REALTY, BROKERAGE FOR SALE/LEASE
1,184 SF · $16.00/SF · MLS:30538507 · Kitchener Drive up retail unit with signage on Highland Rd. 1,413 SFlocated ∙ $2,200/Mth ∙ MLS: Centrally on high traffic road 30516996 in a high density Strongor tenant support. Kitchenerresidential ∙ reat area. location edical use Lester Tobin* New Building, High pro Visibility, Free on-site parking. located at a high le intersec on Currentl Gary Boudreau* 508 RIVERBEND DRIVE, KITCHENER, John oHoffman*/Gary Boudreau* nished ON. or pro essional ce user presents an ideal 800 SF · $21.00/SF · MLS:30543919 · Waterloo 1,740 SF · $32.00/SF · MLS: 30554732 · Waterloo Former located in University District. opportunit or medical con ersion or PHONE: 519-743-5211 3,000 SFrestaurant/bar ∙ $799,000 ∙ MLS: 30611121 ∙ Waterloo 1,197 SF · $14.00/SF · MLS: 30558849 · Waterloo Main floor opportunity. High traffic intersection of On-site parking. Corner Unit. Lester Tobin* complete rede elopment or increased densit University & Bridge. Seconds from Hwy 85. eau ul O ce uilding with ar ing Spaces Located in corner building at King St fronting on Erb INDUSTRIAL/WAREHO USE Benninger**/Chris Kolednik** Colin Vogel* nearby. Lester Tobin* ocated Just South o Hw Lester Tobin* St. Ample parkingPeter 3,100 SF · $10.00/SF · MLS: 30543869 · Waterloo 909 SF · $800/mo. · MLS:30560474 · Kitchener 1,184 SF · $16.00/SF · AMLS:30538507 · Kitchener F O R L E S E / S A L E R E TA I L / O F F I C E SF · $1,999/Month · MLS: 30557358 · Waterloo Medical office space High exposure & traffic. Ample Low cost office space. Utilities extra. Gary Boudreau* 920 388SF · $895/Month · MLS: 30557365 Waterloo Drive up retail unit with signage on Highland Rd. $17.25/SF ∙ MLS: · 30589638 975 SF ∙ $14.00/SF ∙L EMLS: 30605818 950 ∙ parking, onsite SF freeF large windows, close to public Utilities renovated, finished CentrallyIncluded. located Newly on high traffic road in aoffice. high O R S A L E / A S E Utilities Included. Finished private office. 2nd floor. Waterloo ∙ reat opportunit to oin a growing uni transit, Universities & Conestoga Lester floor,residential 4 large windows abundance of density area. provide Strong an tenant support. Waterloo ∙ ro essional College nd oor Tobin* o ce Large 1,824 SF · $16.95/SF · MLS:30535669 · Kitchener 2nd window provides lots of natural light. Sept 1/17 ersit Building, area High communit and on-site startparking. our natural of unit is vacant and30596472 ready for 3,500 light. SF ∙Portion$6.95/SF ∙ MLSLester Tobin* New Visibility, Free Centrall located to - and uelph seconds rom possession. Colin Vogel* Chris Boudreau* Kolednik** occupancy. · Waterloo 22,383 SF · 2.69 Ac. · $4,100,000 Colin Colin Vogel* John Hoffman*/Gary Waterloo ∙ ocated in orth aterloo minutes rom Hw Vogel* business 1,740 SF · $32.00/SF · MLS: 30554732 · Waterloo 800 SF · $21.00/SF · MLS:30543919 · Waterloo Purpose built office building, conveniently located at ni ersities xisting S o o ice Former restaurant/bar located in University District. 1,488 SF · $26.00/SF · MLS: 30502665 · Kitchener 1,114 Main floor· opportunity. High traffic intersection of $12.00/SF · MLS:30524639 · Kitchener SF · SFplaza $14.00/SF · MLS:of30558849 · Waterloo a high pro le intersec on. Currently nished for 1,197 retail corner Fischer Hallman and loor SFdrains ∙ MLS:30611548 13,600 ∙ on$12.95/SF dri e Seconds in shipping doors On-site parking. Corner∙ Unit. Lester Tobin* New MLS:but 30603112 1,102 SF ∙ $22/SF University &general Bridge. from Hwy 85.a oners to take over Looking 1-2 prac in corner building at King St fronting on Erb professional office user, presents∙ Waterloo an ideal Located Seabrook Dr. High exposure - high traffic. AmpleHigh on Kitchener ∙ O ice space with large windows Steve Gerakopulos* Colin Vogel* High tra c loca on neighbouring include St. Ample 4 fully parking nearby. Lester Tobin* medical office of a re red doctor. Includes opportunity for medical conversiontenants or complete drive-up parking. 3,100 SF · $10.00/SF · MLS: 30543869 · Waterloo site exposure street rontage High xposure in hi-tech equipped exam rooms, built in recep on area, Sobe s almart Shoppers eer Store im Horton redevelopment for increased density.s 920 SF · $1,999/Month · MLS: 30557358 · Waterloo Medical office space High exposure & traffic. Ample corridor Steve Gerakopulos* 388SF Waterloo wai ng room Located in$2,895,000 busy retail SF · · $895/Month $1,890/Mth. · MLS: 30557365 30557318 · Kitchener and man more On site dri e up toparpublic ing 890 Peterlarge Benninger**/Chris 50,000 SF &∙ washrooms. 3.87 renovated, Acres ∙finished onsite free parking, windows, closeKolednik** Utilities Included. Newly office. with a Shoppers Drug Mart.∙ Outdoor Lester Storage Tobin* Utilities Included. Finished private office. 2nd floor. plaza MLSfloor, 30590407 ∙ Brantford transit, Universities & Conestoga College Lester LesterTobin* Tobin* Great Basement space behind grand river hospital 2nd 4 large windows provide an abundance of 30,359 SF • 1,363 SF Mezz. • $3,450,000 • Waterloo More Large provides lots naturalChris light. Sept 1/17 ermitted units available. Call oftoday! Mth ∙ MLS: 30605730 ∙ Kolednik** Kitchener 390 SFwindow ∙ $850/ ncomeof· unit inis vacant placeand or fora naturalSFlight. Portion ready · $12.50/SF MLS:30562379 · Kitchener Colin Vogel* 2.71 Professionally nished office space. possession. ocated directl behind rand i er Hospital er ect 5,652 10,000 SF 30588359 ∙ Breslau 2.69 Ac. ∙ · MLS: $4,100,000 · Waterloo 22,383Ac.(+/-) SF ∙ · $1,625,000 user in Building, estor- callHighlisting agent Free or Vogel* income occupancy. Colin New Visibility, on-site 390 SF · $850/Mth. · MLS: 30555731 · Kitchener Unique with sky-lighted hallway many skyor medical practitioner loo 30502665 ing or short term details Centrall design located ce uilding near&hw Purpose built officeO building, conveniently locatedand at 1,488 SteveGary Gerakopulos* MLS: · Kitchener SF directly · $26.00/SF John Hoffman*/ Boudreau* behind· grand river hospital. Unit is parking.. lights throughout. Features an execu ve boardroom Located 1,114 SF · $12.00/SF · MLS:30524639 · Kitchener occupanc ChrisHallman Kolednik** on. to Currently nished and for New St le intersec uic access - Cambridge aountain high pro retail plaza on corner of Fischer and w/adjoining kitchene e for catering, many smaller perfect for medical practitioner looking for short Looking 1-2 general prac oners to take over a professional user, ngbut ideal Seabrook Dr. High exposure - high traffic. Ample on PROFESSIONAL OFFICE SPACE FOR LEASE uelph ew office pla a abu thispresents propert an is being occupancy. Call for more info! TRANSPORTATION TERMINAL FOR SALE boardrooms/kitchene es, change room & shower term doctor. Includes 4 fully medicalSFoffice of a re •red opportunity medicala conversion • $15.00/SF MLS# 30564411 •Waterloo Lester Tobin* 1,800 de eloped forinto communitor complete pla a site drive-up parking. 1,363 SF Mezz ∙Chris 2.71 Ac.(+/-) Kolednik** facili es. Colin Vogel*/Peter Benninger**/ 30,359 SF 18,000Exposure SF ·exam 2.25 on Ac ·Erb $3,050,000 MLS: ononarea, equipped rooms, built recep30577766 redevelopment James forBoudreau**/Gary increased Boudreau* density. Good St. Unitin· features site· $3,450,000 ∙ MLS#30582126 ∙ Waterloo Chris Kolednik** 890 ng ·room & washrooms. in ull busy retail wai Guelph rucandLocated erminal enced 30557318 ·· Kitchener Peter Benninger**/Chris Kolednik** 1,071SFSF· ·$1,890/Mth. parking, 4reestanding private offices large open work or $18.50/SF ·· oMLS: MLS:30558620 Waterloo ro essionall nished ce space ni ue design plaza with space. a Shoppers Drug Mart. Lester Tobin* Great floor Basement spaceinbehind grand award river hospital w electronic gates inutes rom the eing Sold classroom Roman Ginzburg* Main opportunity well known, winning 5,800 SF ∙ $725,000 ∙ MLS: 30599428 ∙ Ayr · MLS: 30551894 ·• Waterloo Waterloo More 1,957 SFSF· • $22.00/SF w s -lighted hallwa Callman s Chris lightsKolednik** through 30,359 1,363 SF Mezz. • $3,450,000 units today! S Steve Gerakopulos* Highavailable. traffic intersection. Seconds away from with ocated at the Professionally gatewa to in rban r deal olevel! ce building. Great Opportunity to get at the ground 5,652 SF SF · · $12.50/SF $12.00/SF ·· MLS:30562379 MLS: 30516996 ·· Kitchener out eatures an execu e boardroom w ad oining 1,413 2.71 Ac.(+/-) nished officeor space. Hwy 85. Colin Vogel* Many usessky-lighted allowed - unit divisible. Call for 390 et orpermitted place worship Colin Vogel* New location Building, High use. Visibility, Gary Free on-site for Medical Boudreau* SF · $850/Mth. · MLS:man 30555731 · Kitchener itchenette or catering smaller board Great Unique designo with hallway & many skymore information! Kolednik** Located 10,000-20,000 SF $4.41/SFGary∙ Boudreau* Exclusive John∙ Hoffman*/ directly behind river shower hospital. Unitesis parking.. rooms SFitchenettes change room acili ve boardroom lights throughout. Features an execuChris 1,184 · $12.00/SF · grand MLS:30538511 · Kitchener 839 SF · $12.00/SF · MLS:KW1537515· Kitchener for medical practitioner lookingKolednik** for short Kitchener ∙ Ceiling height clear x loading 830 SF ∙ kitchene $1,250/month ∙ MLS: 30595092 e for catering, many smaller perfect w/adjoining Colin Vogel*/ Peter Benninger**/Chris Turn-key doctors office. 5 exam rooms, recep on, Finished OFFICE SPACE FOR use. LEASE office, great for medical & service low 3,436 SF ·∙ $26.00/SF 30554611 Call &forstorage. moreCentrally info! PROFESSIONAL doc doors con e or ele ator alarm s stem change shower term boardrooms/kitchene Waterloo reat o ·es, ceMLS: space wroom own· &Waterloo entrance e, 2 washrooms kitchene occupancy. 1,800 SF • $15.00/SF common fees, on • MLS# transit30564411 route, •Waterloo exis ng Chris Kolednik** Former bar/night club in University District. On-site facili es. in Colin sur eillance s stem sprin lers washrooms in high density residen al area. Traffic counts located ptown Vogel*/Peter anchored b Benninger**/ State arm located 5,652 SF∙$14.50/SF ∙ MLS:30562379 ∙ Kitchener Good Exposure ErbStop, St. Unit site include on Short KW features Gaming, on Curves, drive-up parking. High exposure, high traffic. over 41,000 cars. Strong tenant support, Shoppers tenants Kolednik** Lester Tobin* nsurance Space is best intended Chris or a small o ce 1,071 4& private open work or more. offices and largeGary Boudreau* Sco abank Class SF · $18.50/SF O ice · Space. ew · Waterloo uilding parking, MLS:30558620 Lester Tobin* Drug abank, Swiss Chalet and Mart, Dollarama, Sco accoun ng rm tech start up ormerl used as a High floor Roman Ginzburg* isibilit ree on-site par ing John Hoffman*/ opportunity in well known, award winning classroom space. 1,957 SF · $22.00/SF · MLS: 30551894 · Waterloo Main many more. Lester Tobin* ph sio space Chris Kolednik** away from 9,360 SF ∙ $6.50/SF ∙ MLS: 30501592 Gary Boudreau* 752 - 26,000 SF · From MLS: building. High traffic intersection. Seconds GreatSFOpportunity to get in at $18.00/SF the ground· level! 1,413 SF · $12.00/SF · MLS: 30516996 · Kitchener I N Dlocation U∙S TforRMedical IsA L /doc WA R EGary Harea O USE 85. Colin Vogel* Kitchener 30529258/30529248/30529120 · Breslau Many permitted uses allowed - unit divisible. ·CallNew for Hwy 1,900 SF • $19.25/SF • MLS# 30543088 Great use. shipping Boudreau*s 10,000 SF ∙ inivisi le ∙ underserviced From $8.00/SF Retail Development a growing, area. Waterloo o ice w dri ers area new doors bright space more information! Chris Kolednik** From $18.00/SF 752 SF 26,000 SF ∙ • Prime retail/Salon space in a very busy O R L E A S E / S AJohn L E Hoffman* SF · $12.00/SF · MLS:30538511 · Kitchener 839 SF · F $12.00/SF · MLS:KW1537515· Kitchener MLS:30595115/5127/5133, Breslau ∙ egionall Cenis 1,184 site with drive-thru Variety of Uses permi ed. Pad neighbourhood plaza. Zoning allows many uses, the MLS: 30529258/30529248/30529120 ∙ Breslau ew doctors office. 5 exam rooms, recep on, Finished office, great for medical & service use. low available. James Gary· Boudreau* tral Space onal uilding Turn-key unit up for a salon. Roman Ginzburg* 3,436 SFO · ce $26.00/SF · Boudreau**/ MLS: xcep 30554611 Waterloo etailis sete e, elopment in a growing under-ser iced 2 washrooms & storage. Centrally kitchene common fees, on transit route, exis ng inishes bar/night James Boudreau* Former clubBoudreau**/ in University Gary District. On-site located 30,000 SF SF on 6.82 Acres ∙ $1,499,000 area ariet odensity ses permitted ad site w counts dri e- 16,217 · $875,000 · MLS: 30552428 in highSPACE residen al·area. Traffic AAA OFFICE AVAILABLE MLS 30551734 · tenants include Short Stop, KW Gaming, Curves, 1,843 - parking. 5,947 SFHigh · $20.00/SF drive-up exposure, ·highKitchener traffic. over MLS:30574802 Little Pike Bayjust Rd. off Lionshwy Head, New Hamburg ∙ · 607 Well located 7, thru is41,000 a ailable James Boudreau**/ Gary Boudreau* cars. Strong tenant support, Shoppers abank & more. Gary Boudreau* Sco 114,033 SF · $11.50/SF · MLS:30505595/5597· retail plaza Lester on∙ Huron Rd. WATERLOO · Tobin* 25,325 SF ∙ $16/SFNew ∙ MLS:30584853 Waterloo acres High of land. re iousbuilding use was on manu2acturing ower ON. ∙ built Swiss Chalet light and well Drug Mart, Dollarama, Sco abank, Beautifully finished, ample parking, natural with high traffic and exposure, ample on-site ow C s are reestanding uilding with High many more. Ceilings 13’ - 18’ clear. Hoffman* Tobin* ailablefromHigh Ceilings oogleJohnddress or Kitchener 1,843 - 5,947 SF ∙ $20.00/SF Divisible from ∙Lester 21,000 SF. drive-up Lesterb· Tobin* 752 SF -parking. 26,000 From xpresswa $18.00/SF MLS: throughout. xposure acing SF orth· eld ar eting ideo Eric Frey* I N D U S T R I A L / WA R E H O U S E S ∙ ew retail pla a on Huron d James Boudreau** 30529258/30529248/30529120 ·antas Breslau New 1,900 SF • $19.25/SF • MLS# 30543088 LIGHT INDUSTRIAL WITH RETAIL EXPOSURE reat par ing ra o c · nishes with high traPrime ic andretail/Salon exposure ample on-site dri busy e-up MLS: 30523827 · Kitchener Waterloo 1,114 Development SF · $20.00/SF Retail in ·a growing, underserviced space in a· very London o n o area. an* 532 SF · •$1,050/mth · MLS:30526564 Waterloo 15,520 SFF ·O$5.50/SF R L E A· SF S EBungalow / S ·AMLS: L E 30544783∙ Last unit available in centrally par ing Lester Tobin* ed. Padexposure site with drive-thru is Newly Variety of Uses permiw/high 11,000 property SF + 1,850 neighbourhood plaza. Zoning allows many uses, the Corner with high traffic. ZoningHouse permits renovated, nished office on 2nd oor in well located retail plaza.James DriveBoudreau**/ up unit on high rd. in unit is set up for a salon. available. Garytraffic Boudreau* $899,000 117 East Rd. parking. Lions Head, ON.Tobin* MLS: Roman uses.∙ Ample on-site Lester known, award winning building avail. for Ginzburg* sublease. many 3,058 SF ∙ $18/SF ∙ MLS: 30584437 ∙ Waterloo high density residen al area. Traffic counts over 890 SF ∙ $1,890/Mth. ∙ MLS: 30557318 30574746 ∙ an uses permitted ossible edical Large windows, plenty of natural light. High traffic 16,217 SF · $875,000 · MLS: 30552428 eauti ull inished ice Centrall to Drug - AAA OFFICE SPACE AVAILABLE · MLS 30551734 · 40,184 cars. StrongSFotenant support. located Shoppers 1,843 - 5,947 · $20.00/SF · Kitchener row Hamburg Op ropert Kitcheneron ∙ reat asement40,000 space behind grand 24/7 ri er New 7,909 SF ·outube $5.25/SF ·located MLS:ddress 30555069 · eting Ayr sees almost cars daily. intersec · Well just oroff ar hwy 7, and uelph arge around windows ixRd. o WATERLOO abank, Swiss Chalet and many Mart, Dollarama, Scowrap · 114,033on University SF · $11.50/SF · Seconds MLS:30505595/5597· New retail plaza on Huron electronic ideo built Ericspace. Frey* to hwy #401. Good industrial hospital reader ore board units a ailable Ave. Call Ideal todafor well building on clean 2 acres of land. more. Lester Tobin* pri ate o ices meeting rooms and open space Beautifully finished, ample parking, natural light with high traffic and exposure, ample on-site professional office or personal services. Vogel* Ceilings from 13’James Boudreau**/Gary - 18’ clear. JohnBoudreau* Hoffman* ChrisColin Kolednik** Colin Vogel* Divisible from 21,000 SF. drive-up parking. Lester Tobin* throughout. * Sales Representa ve James Boudreau** www.coldwellbankercommercial.ca * Sales$6.50/SF Representative LIGHT SINDUSTRIAL RETAIL ivisi le ∙ WITH ∙ MLSEXPOSURE 30590407 · MLS: 30523827 Kitchener 1,071 SF ∙ $18.50/SF ∙MLS:30558620 ∙Waterloo , 1,114 SFSF 1,957 ∙ $15.25/SF ∙ MLS: · 30551894 Email :· $20.00/SF Commercial@coldwellbankerpbr.com ** Broker SF · $5.50/SF · London · per MLS: 532 SF · $1,050/mth · MLS:30526564 · Waterloo 15,520 Broker unit30544783 units Last unit ∙ available w/high to exposure ain loor opportunit in well nown award winning Cambridge ∙ or total space or price ** Waterloo reat Opportunit get in atinthecentrally ground Newly Zoning permits renovated, nished office on 2nd oor in well Corner property with high Straffic. arehousing Ser ice located plaza. Drive up unit on high traffic rd. in building High tra ic intersection Seconds awa rom i isible to as small as le el retail an permitted uses allowed - unit di isible uses. Ample on-site parking. Lester Tobin* known, award winning building avail. for sublease. many a s ight anu acturing Steve Gerakopulos* over Hw high density residen al area. Traffic Chriscounts Kolednik** Large windows, plenty of natural light. Colin High Vogel* traffic 40,184 cars. Strong tenant support. Shoppers Drug intersec on sees almost 40,000 cars daily. 24/7 7,909 SF · $5.25/SF · MLS: 30555069 · Ayr Mart, Dollarama, Sco abank, Swiss Chalet and many Good clean industrial space. * Sales Representative Lester Tobin* electronic reader board on University Ave. Ideal for Seconds to hwy* #401. www.coldwellbankercommercial.ca Sales Representative more. professional office or personal services. Colin Vogel* James Boudreau**/Gary Boudreau*
Email : Commercial@coldwellbankerpbr.com ** Broker
* Sales Representa ve www.coldwellbankercommercial.ca Email : Commercial@coldwellbankerpbr.com ** Broker
8331512_4717
Please say you saw it in The Commercial Investor
** Broker
* Sales Representative ** Broker
9
Commercial Real Estate & Business Opportunities
Kitchener/Waterloo Guelph & Cambridge
Volume 17 Issue 12
COLDWELL BANKER COMMERCIAL PETER BENNINGER BROKERAGE COLDWELL BANKERREALTY, COMMERCIAL 508 RIVERBEND DRIVE, KITCHENER, ON. PETER BENNINGER REALTY, BROKERAGE PHONE: 519-743-5211
508 RIVERBEND DRIVE, KITCHENER, ON. PHONE: 519-743-5211 10-20,000 SF · $4.41/SF · Kitchener · MLS: 30512810
4,393 SF · $359,000 · MLS:30546489 · Kitchener LAND FOR SALE Ceiling height 13’ clear . (2) 8’ x 8’ loading dock doors Established franchise available in high traffic COLDWELL BANKER COMMERCIAL conveyor, with HIGH DENSITY MIXED USE DEVELOPMENT location I N Velevator, E S T M Ealarm N T Fsystem, O R S Asurveillance LE MU L Tgreat I - F Atenant M I L support. Y F O R160S Aseats. L E Full system, sprinklers, washrooms. Lester Tobin* 7.4 Lester Tobin* 3.25 Ac ∙ $4,250,000 ∙ EXCLUSIVE · ∙ Waterloo Kitchener training available. PETER BENNINGER REALTY, BROKERAGE Acres · EXCLUSIVE
Frontagescale on 2redevelopment major streets atopportunity the gatewaywith to Large 508 RIVERBEND DRIVE, KITCHENER, ON. 9,360 SF · $6.50/SF · MLS: 30501592 · Kitchener downtown Kitchener. to Hwy 401 annual income Excellent over $800access k. Close to both DOWNTOWN KITCHENER BUSINESS AND current 7,699 sf 16 dock shipping area. 1,661 sf office Universities. Bill Halpenny* via Hwy 8 Directly on proposed light rail PHONE: 519-743-5211 BUILDINGarea, FORnewSALE $1,250,000 w/drivers doors,∙ bright space! transit route. Peter Benninger**/Colin Vogel* EXCLUSIVE 4,570 SF ∙ 3 StoreyJohnComm./Res. Hoffman* 66.58 Ac.· $2,200,000· EXCLUSIVE · Cambridge Building ∙ Well established convenience store on the Under consideration to change OP designation to 10-20,000 SF · $4.41/SF · Kitchener · MLS: 30512810 6.60 Ac. (+/-) Commercial/Retail ∙ Exclusive A L EBenninger** Main Floor Located in the industrial. L A N D F O R S Peter 30,400 SF w/Residential · 3.09 Ac.. ·(2)Units $3,400,000 | $10.00/SF Ceiling height 13’ clear 8’ x above. 8’ loading dock doors Tremendous Opportunity on major arterial road. in Heart30525493/30525439 of Downtown immediately adjacent MLS: · Cambridge ·surveillance New finish conveyor, elevator,Kitchener, alarm system, anE V E L Oestablished PMENT L Aurban ND F Oenvironment. R SALE the City Centre Redevelopment project and just D to food grade, insulated panels, some equipment, system, sprinklers, washrooms. Lester Tobin* 7.4 Acres exposure · EXCLUSIVE · Waterloo Street in close 3Considerable . 5 8 A c . · $875,000 · along MLS Ottawa : 30506497/30506504 steps from Kitchener’s Hall, minutes to the Large spiral freezer,4 docksCity Room to expand. scale redevelopment opportunity with proximity to the Highway 7/8. Conestogo · Backs onto forested area. Excellent John· restaurants Hoffman* transitSF hub, trendy downtown shopping, 9,360 · $6.50/SF · MLS: 30501592 Kitchener current annual income over $800 k. Close to both Peter Benninger** redevelopment opportunity. James Boudreau** & cafés.sf 16 dock shipping area. Peter Benninger ** Universities. 7,699 1,661 sf office Bill Halpenny* w/drivers area, new doors, bright space! 6.60 Ac. (+/-) Commercial/Retail · 2.94 Ac. I N V E S RENTAL/ T M E N T RE-DEVELOPMENT F O RJohnSHoffman* A L E 66.58 Ac.· $2,200,000· EXCLUSIVE · Cambridge STUDENT (+/-)Residential· $1,000,000 Per Acre · Exclusive consideration to change OP designation to $685,000 ∙ Waterloo ∙ MLS: 30564031 ∙ 0.15 Ac. 4 Under Tremendous Opportunity on major arterial road. 30,400 3.09 Ac. ∙· $3,400,000 | $10.00/SF Peter Benninger** bedroomSF · building Prime student rental industrial. Considerable exposure along Ottawa St. Concepts MLS: 30525493/30525439 · Cambridge · New finish STUDENT RE-DEVELOPMENT location. IdealRENTAL/ student re-development site. D for res portion incl. 140 stacked TURN E V E L OKEY P M ESPA N T FOR L A NSALE D town FCAMBRIDGE O RhomesS AorL Ea to food grade, insulated panels, some · equipment, $685,000 · MLS: 30564031 0.15 rental Acres 134 unit retirement homes or a 134 unit Currently · Waterloo 4 bedroom (student) 3 . 5 8 A c . · $875,000 · MLS : 30506497/30506504 SF ∙ $799,000 ∙ MLS: 30611121 3 , 0 0 0 spiral freezer,4 Room rental to expand. 4 bedroom building docks · Prime student facility. Peter Benninger** property. Lesterlocation. Tobin* retirement · Backs onto Excellent Beautifully finished from forested basementarea. to attic fully John Hoffman*4 Conestogo Ideal student re-development site. Currently redevelopment opportunity. Boudreau** equipped spa. High traffic location. On-site Parking. bedroom (student) rental property. HIGH DENSITY MIXED USE James DEVELOPMENT
BUSINESS FOR SALE
Waterloo 975 SF ∙ $385,000 ∙ MLS: 30589310∙ Tobin* Lester Tobin* 3.25 Ac · $4,250,000 · EXCLUSIVE Lester · Kitchener Fantastic Opportunity for the savvy business 6.60 Ac. (+/-) Commercial/Retail · 2.94 Ac.
INVESTMENT FOR SALE
investor. HANDS OFF· Investment Great MLS: 30552610 $ 4 , 2 5 0 , 0Opportunity. 0 0 · Listowel space to in runSouth your business Located Westernfrom. Ontario,Chris thisKolednik** European
Frontage on 2 major streets at the gateway to (+/-)Residential· $1,000,000 Per Acre · Exclusive downtown Excellent access to Hwy 401 BRITISH Kitchener. PUB FOR Tremendous Opportunity onSALE major WATERLOO arterial road. via Hwy SF 8 Directly on proposed light rail transit ∙ $285,000 MLS: 1 ,800 Considerable exposure along ∙Ottawa St. 30605541 Concepts route. Peter Benninger**/Colin Vogel* British Publicincl. House withtown old world charm, for res Isle portion 140(Pub) stacked homes or a 134 unit 217 retirement orLocated a· 134 unit ambiance and near Approx. Acres cuisine. · homes EXCLUSIVE Waterloo retirement facility. Benninger** Uptown· and Universities. Tobin* Currently Being Farmed. Peter CallLester for info pkg! Region
owned motel for the last 30+RE-DEVELOPMENT years offers four STUDENT RENTAL/ seasons business year R E T A I Lof· Waterloo O R R E·with DMLS: E Vconsistent E30564031 L O P M Eincome N T SAcres ITE $685,000 · 0.15 round. Call Acres for∙ student more details! 4 bedroom building · Prime rental location. 1,586 SF/0.12 Exclusive ∙ $899,000 Chris Kolednik** Ideal student 4 Kitchener ∙ re-development Unique High site. ProfileCurrently Location. Peter Benninger**/Colin Vogel* bedroom rentalmarket.property. Corner Lot (student) beside farmers Great HIGH DENSITY MIXED USE DEVELOPMENT COMMERCIAL INVESTMENT/RE-DEVELOPMENT TRANSPORTATION BUSINESS SALE Lester Tobin* 3.25 Ac · $4,250,000 · EXCLUSIVE ·FORKitchener redevelopment site, 4,685 parking lot, · MLS: etc. Land: .1452 Ac. Buildings: SF · Kitchener $1,200,000on· MLS 30573316 ·Guelph · Long Standing Frontage 2 major streets at the gateway to Lester Tobin* 30555816 · $1,999,900 · Bundle of 3 properties being (29 years in Excellent business) access Carrier and MLS: 30552610 · $ 4 , 2 5 0 , 0 0 0 · Listowel downtown Kitchener. to Hwy 401 sold as one in the Downtown Core. Current Net equipment. Minutes from the 401. Being Sold with 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* INVESTMENT/OWNER-USER owned motel for the last 30+ yearsPROPERTY offers four route. MLS 30577766. Steve Gerakopulos* Peter Benninger**/Colin Vogel* 4,982 SFof ∙ business $1,562,500 EXCLUSIVE seasons with∙ Waterloo consistent ∙income year 2,200 SF · $89,000 · MLS:30551440· Waterloo R E T A I L O R R E D E V E L O P M E N T S I T E Approx. 217 Acres · EXCLUSIVE · Waterloo Three retail units & one 2 bedroom apartment round. Call for more details! Established since 1985, located in uptown core steps BANQUET HALL/ RESTAURANT FOR SALE 1,586 · MLS:30547706 $899,000 Being Farmed. for infoLiquor pkg! Region · Currently from parking and new LRTCall station. w/loft. SF/0.12 Corner Acres property on new LRT line. away Chris ·Kolednik** $2,100,000 ∙ MLS: 30584493 8,000 SF,4.3 Ac ∙Peter Kitchener · Unique High rofile ocation. Corner Lot license. Benninger**/Colin Vogel* Lester Tobin* Parking on-site and ample parking nearby. Extensive renovations to building and St Jacobs ∙ beside farmers market. Great redevelopment site, COMMERCIAL INVESTMENT/RE-DEVELOPMENT Lester Tobin* . Lester Tobin* parking lot,Ac.etc grounds. Includes furniture/cooking Land: .1452 Buildings: 4,685 SF · Kitchener · MLS: 4,437 · MLS: 30516625 · Waterloo SF · $450,000 equipment. since Site 1996, includes freestanding home 30555816 · $1,999,900 · Bundle of 3 properties being Established manya locations throughout sold as one in the Core. PROPERTY Current Net Ontario. (included). INVESTMENT / Downtown OWNER-USER Family style restaurant Steve with Gerakopulos* liquor license Tobin* and seating for 160 + 50 on patio. Lester Tobin* Income:SF$72,391.00 Call for details! Lester 4,982 · $1,562,500 · Waterloo · EXCLUSIVE Three retail units & one 2 bedroom apartment 2,200 · MLS:30551440· Waterloo 4,437 SFSF· $89,000 ∙ $399,000 ∙ MLS: 30576706 w/lo 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 Waterloo ∙ Established since 1996, many 2,419 from SF · $550,000 · MLS:new 30539874 · Kitchener 1,586 · MLS:30547706 $899,000 ample nearby. away on-site parking and LRT station. Liquor 1.27 SF/0.12 Acresand∙Acres $880,000 ∙ parking MLS: · 30607400 locations throughout Ontario. Family style a Tobin* er 20 Lester Tobin* Kitchener · Unique High rofile ocation. Corner Lot Profita le business. Sellers retiring Lester Kitchener ∙ Commercial Land For Sale. M2 Zoning license. restaurant years! with liquor license andincluded. seating for 160 is+ All equipment Lease beside farmers market. Great redevelopment site, successful 50 on patio. Gary Boudreau*/ JamesLester Tobin* allows many Contact for Lester moreTobin* info. renewable. . · MLS: parking lot, etcuses. 975 SF · $385,000 30560590 · Waterloo · MLS: 30516625 Boudreau** · Waterloo 4,437 SF · $450,000 John Hoffman* antastic Opportunity for the savvy business Established since 1996, many locations throughout 4,393 SF· $249,000 ∙ $199,000 ∙ MLS:30546489 · MLS:30545077· Kitchener investor. HANDS /OFF Investment Opportunity. Great 2,548 INVESTMENT OWNER-USER PROPERTY Ontario.SFFamily style restaurant with liquor license Kitchener ∙ Established in high Elegant casual located Sportsworld space run ∙ your business from. and 4,982 SF to · $1,562,500 ·EXCLUSIVE Waterloo · ∙ EXCLUSIVE seating for restaurant 160 + 50franchise on patioavailable . in Lester Tobin* Approx. 217 Acres Waterloo traffic location with great tenant support. 160 seats. Chrisfor Kolednik** Three units Being & one 2 bedroom apartment Regionretail ∙ Currently Farmed. Call info pkg! Crossing. High traffic, high exposure. Lester Tobin* Full training R Eavailable. Tobin* w/lo . Corner property new LRT line. Parking STAURANT FLester OR SALE Peter on Benninger**/Colin Vogel* S E A F O O D andRepresenta ample parking nearby. 2,419 SF · $550,000 · MLS: 30539874 · Kitchener on-site * Sales ve www.coldwellbankercommercial.ca le ∙business. retiring∙ aKitchener er 20 1,280 SF $89,000 Sellers ∙ EXCLUSIVE Lester Tobin* Profita Email :Acres Commercial@coldwellbankerpbr.com ** Broker 66.58 ∙ $2,250,000 ∙ EXCLUSIVE successful years! All equipment Lease is Well established business since included. the 1970’s. High Cambridge ∙ Under· MLS: consideration OP renewable. Gary No Boudreau*/ Boudreau** income-high sales. franchise.James Owner will train. 975 SF · $385,000 30560590to· change Waterloo
BUSINESS FOR SALE
3,500 SF · $199,000 · MLS:30539427· Waterloo TRI-PLEX WITHin SOLAR INCOME FORDistrict. SALE Prime location Waterloo’s University $699,900 ∙ Kitchener Liquor license for∙ 15MLS: people.30602980 High Income/High Sales Triplex with additional $6,000/year Solar and low rent. Lester Tobin*
income. Large 3 x 2 Bedroom Units. Large 2 car
4,393 SF · $359,000 · MLS:30546489 · Kitchener garageWASH at rear plus tool Erictraffic Frey* EXCLUSIVE CAR BUSINESS FORshed. SALEin · high Established franchise available ran ordwith · Fullgreat service, fullysupport. automated washFull in location tenant 160car seats. major area. THREEtraffic TOWNHOUSE UNITS Lester FOR Tobin* SALE training available. Lester Tobin*
$729,000
designation to industrial. for the Peter Benninger** antastic Opportunity savvy business
MLS
30610576
∙
Solu ons in Canada's Technology
Hot Triangle, Pot Restaurant Sale Waterloo contact anyFor one of our sales Peter Benninger** Ext. 3000 $88,000 SF or · MLS: 30558858 · Stylish r r· 4,550 n a es, call 519-743-5211. underground restaurant in Uptown. No franchise. Located hotel. * Great tenant support. Gary in Boudreau Ext. 3029 Ext.Lester 3000Tobin* Peter Benninger**
Lester Tobin*
investor. HANDS OFF Investment Opportunity. Great 2,548 SF · $249,000 · MLS:30545077· Kitchener space* Sales to Representative run your business from. Elegant casual restaurant located in Sportsworld www.coldwellbankercommercial.ca Chris Kolednik** Crossing. High traffic, high exposure. Lester Tobin*
Email : Commercial@coldwellbankerpbr.com ** Broker
* Sales Representa ve www.coldwellbankercommercial.ca Email : Commercial@coldwellbankerpbr.com ** Broker
8171433_4717
∙
· MLS: Kitchener 1,280 SF · $89,000 CAR WASH BUSINESS FOR30554091 SALE · · EXCLUSIVE Well business the 1970’s. High ran established ord · Full service, fullysince automated car wash in willTobin* train. income-high sales. No franchise. Owner major traffic area. Lester Lester Tobin* 1,549 SF · $139,000 · MLS:30514064 · Waterloo Hot out Pot Restaurant Waterloo Take and delivery chickenFor wing Sale franchise located $88,000 · 4,550 SF · MLS: 30558858 Stylish in Waterloo’s University District. Full ·training underground in Uptown. No franchise. Forrestaurant Commercial Real Estate provided. Lester Tobin* LocatedSolutions in hotel. Great Technology tenant support. in Canada's Tobin* Kitchener 1,280 SF · $89,000 · MLS: 30554091Lester Triangle, contact any one of· our Well established business since the 1970’s. High income-high sales sales. representatives, No franchise. Owner will train. call 519-743-5211 Foror Commercial Real Estate Lester Tobin*
BUSINESS FOR SALE
LAND FOR SALE
∙ Kitchener
· MLS:30514064 Waterloo 1,549 · · $139,000 $199,000 · MLS:30539427· Waterloo 3,500 SFBedroom Units. All Units · Separately 3 - 3SF Take outlocation and delivery chicken wing franchise located Prime in Water. Waterloo’s University District. Metered Except 2 Units w/Garage, 1 w/ in Waterloo’s District. Full Eric training Liquor license forUniversity 15 people. High Income/High Sales Driveway. Frey* provided. Lester Tobin* and low rent. Lester Tobin*
Please say you saw it in The Commercial Investor
Gary Boudreau * ** James Boudreau
Ext. Ext.3029 3020
For Commercial Real Estate Ext. 3020 James Boudreau ** Mike Ext. 3106 SoluFlynn ons *in Canada's Technology Ext. 3106 Mike Flynn contact * Triangle, any one of our sales r Frey* rFrey* n a es, or call 519-743-5211. Eric Ext.3118 3118 Ext. Eric Steve Gerakopulos* SteveBenninger** Gerakopulos* Peter Roman Ginzburg* Gary Boudreau * Roman Ginzburg* Bill Halpenny* James Boudreau ** John Hoffman* Bill Halpenny* Mike Flynn * Chris Kolednik** Eric Frey* John Hoffman* Eric Reiner* Steve Gerakopulos* Lester Tobin* Chris Kolednik** Roman Ginzburg* Harmony Voisin* Bill Halpenny*
Ext. 3037 Ext.3000 3037 Ext. Ext. 3103 Ext. 3029 Ext.3120 3103 Ext. Ext. 3020 Ext. 3040 Ext.3106 3120 Ext. Ext. 3106 Ext. 3118 Ext.2099 3040 Ext. Ext. 3037 Ext. 3023 Ext.3103 3106 Ext. Ext. 3117 Ext. 3120
John Hoffman*
Ext. 3040
Eric Reiner*
Ext. 2099
Lester Tobin*
Ext. 3023
Eric Reiner*
Ext. 2099
* Sales Representative Lester Tobin* Ext.3106 3023 Ext. Chris Kolednik** ** Broker Harmony Voisin*
Harmony Voisin* * Sales
Ext. 3117
Ext. 3117 Representative ** Broker
* Sales Representative ** Broker
10
Volume 17 Issue 12
Commercial Real Estate & Business Opportunities
Kitchener/Waterloo Guelph & Cambridge
519.742.7000 www.coupalmarkou.com
SALE
158 SHELDON AVENUE NORTH, KITCHENER
146 KITCHENER ST, CAMBRIDGE
SALE
ER D N U L D AC T TR SCO ON
ER D N U AC T R T N CO • Four plex – walk up • Located in Eastwood neighborhood, south of Kitchener Aud • ESA & fire inspected • $599,000
SALE
• Historic five plex in North Preston • All units remodeled, ESA & fire inspected • 5 units on 0.225 acres • $799,000 MLS
4717_DJW_0006
88-90 WEBER STREET WEST, KITCHENER
MLS
3917_DJW_0015
SALE
287 KING STREETOPPORTUNITY, EAST, BUSINESS KITCHENER WATERLOO
SALE
25 HOLLINGER CRESCENT, KITCHENER
• High profile • Perfect corner opportunity at King to own St Ea&Breakfast/Lunch Eby St S Restaurant • Existing income sales in place • Excellent with plenty of potential to increase revenue • 3,500 sq ft on 0.053 • Located in highacres density residential neighbourhood in Waterloo • $579,000 • 2,340 sq ft • $139,000 MLS
3517_DJW_0015
835 VICTORIA ST N, KITCHENER
SALE
D L O S • Unique mixed commercial residential opportunity for owner user • Located in Kitchener’s downtown core • 3,411 sq ft on 0.286 acres • $975,000 MLS
4317_DJW_0016
SALE
29 KING STREET EAST, KITCHENER
• Refrigerated Food Processing Plant • Located in Bridgeport Business Park, close proximity to new Hwy 7 extension • 7,433 sq ft • $1,195,000 MLS
4717_DJW_0007
SALE
154 SHELDON ROAD, CAMBRIDGE
• 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
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_4717
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
MLS
nt ue
LS
11
Commercial Real Estate & Business Opportunities
519.742.7000 www.coupalmarkou.com
SALE
C-645 LAURELWOOD DRIVE, WATERLOO
• Eat-in/take-out Restaurant with 20 seats • Excellent location for owner/operator • 1,066 sq ft • $119,000
LEASE
3-368 QUEEN STREET WEST, CAMBRIDGE
• Licensed family restaurant with 80 seats • Good start-up business with the right operator to increase sales • 2,000 sq. ft. • $169,000 MLS
3917_DJW_0017
SALE
25 INDUSTRIAL DRIVE, ELMIRA
MLS
3117_DJW_0028
LEASE
94 WELLINGTON ROAD 6, ELORA
297 KING STREET EAST, KITCHENER
SALE
• Great opportunity for purpose built retail, office or mixed use building • Located on block from future light rail transit stop • 0.049 acres • $299,000 MLS
4717_DJW_0008
#2 - 373 BRIDGE ST W, KITCHENER
LEASE
SE LEA • Busy office/retail plaza in Elmira, just minutes from North Waterloo • Zoning allows multiple uses • 1,925 sq. ft. • $16.00/sq. ft. net MLS
1917_DJW_1_0049
LEASE
370 EASTBRIDGE BLVD. WATERLOO
• New Commercial Development • Ideal for financial services, restaurant or retail users • 4,000 - 17,970 sq. ft. • $14.00 - $25.00/ sq. ft. MLS
1917_DJW_3_0050
LEASE
2-15 HAZELGLEN DRIVE, KITCHENER
• Retail unit with excellent visibility fronting Bridge St W • High vehicle and pedestrian traffic • 1,115 sq ft • $20.00/sq ft Net MLS
1917_DJW_5_0021
LEASE
120-122 KING STREET NORTH, WATERLOO
SE LEA • 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 1917_DJW_1_0065
• Well located professional/medical office space in multi-unit plaza • Attractive exterior and well maintained building • 1,078 sq ft • $22.00 / sq ft Net MLS
4317_DJW_0017
MLS
D
D
• Prime Uptown Waterloo office space located across from "The Shops of Waterloo Town Square" • LRT runs directly in front of your door • 2,629 sq. ft. • $28.00/sq ft Net
EXCLUSIVE
1917_DJW_2_0051
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_4717
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 12
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 12
13
Commercial Real Estate & Business Opportunities
SALE
FOR SALE 46 Norfolk Street N., Simcoe, ON
The Sale, Leasing & Management of Real Property
THE COLONIAL HOTEL in Grand Bend
11319742_4717
Established in 1945 the popular and profitable Colonial Hotel together with Gables Bar comprise a package of 842 licensed seats, onsite parking for 140+, private boat docks and more with possible available financing.
N
•
5,046 Sq. Ft. building on 0.19 Acre lot
•
Zoned CBD – allowing multiple uses
•
Two storey, free standing former bank branch with basement
• •
e ao
access o s
nd oo
Asking $685,000
FOR MORE INFORMATION PLEASE CONTACT:
Tim Schnurr* tim.schnurr@cbre.com
Greg Harris, CCIM* greg.harris@cbre.com
Rick Spencer** rick.spencer@cbre.com
519 673 6444 * Sales Representative ** Broker
www.cbre.ca
11309498_4717
CBRE Limited, Real Estate Brokerage
AJAY SRIVASTAVA SALES REPRESENTATIVE
519-670-4747
Peter Mullins, CCIM
Broker of Record
519.642.0200 200 Queens Ave. Suite 107, London, ON
Popular and profitable since 1945!
petermullinsrealty.com peter@petermullinsrealty.com 11281976_4717
ANISH SRIVASTAVA, Century 21 First Canadian Corp, Brokerage
ajay.srivastava@century21.ca
519-673-3390
buyorselllondon.com
416-726-3880
anish.srivastava@century21.ca
$999,999
• Over $56k annual gross income • Property Official Plan Designated Med Density Residential • Long Term Tenants • lots of parking Hold for income, then Re-develop!
$1,650,000
• 100+ Acres Farmland, 89 workable • Close access to 401 and 402 • Close to future Development
2717_DJW_0003
WE HAVE BUYERS FOR
CPA, CMA
SALES REPRESENTATIVE
1117_DJW_3_0022
PRIME DEVELOPMENT LANDS CLOSE TO FANSHAWE COLLEGE
• Retail Plazas • 6-12 Plexes • Gas Stations • Office Buildings • Banquet Halls 1117_DJW_2_0052
$1,099,000 • 18,000 sq. ft. Retail Commercial Plaza • Ready to Build. • Official Plan designated as Auto-Oriented Commercial Corridor • Zoning allows for Auto Supply, Auto Rental, Auto Repair, Taxi Establishments & Self Storage 1117_DJW_1_0023
Please say you saw it in The Commercial Investor
Southwest Ontario
SALE | $2,850,000.00
legallyspeaking
Deciphering legal language Deeds, transfers, mortgages, charges, discharges and undertakings By Jayson Schwarz
F
or the average homebuyer, there are some legal terms that require translation. The Government of Ontario keeps records of every piece of property in the province. These records are called the “title documents.” The document on file, that says who owns the property, is called the “transfer,” or “deed.”All of these documents are filed with the government — a process that is called “registering” the document. When a bank lends money and gets a record of this loan on title, the document is called the “mortgage” or a “charge.”When the charge is paid off, a new document is filed with the government office and it is called a “discharge.” If only part of the charge is paid off, a document called a “partial discharge” can be filed. There are many other documents, but these are a good starting point.
forced to accept the builder’s or the builder’s lawyer’s undertaking to register a partial discharge, without the other information. Now, I do not believe the builder or the builder’s lawyers who do not include this information would give the promise without meaning it, but what about things out of their control? FOR EXAMPLE, IF:
Usually when a developer/builder starts a new project, he will go to a bank or other financial institution and just like you, arrange for a mortgage or charge. The difference, however, is that this can be a huge charge. As an example, the builder/ developer may have a $50- or $60-million“blanket”charge applied to enable him/her to create and build the project. The next thing that happens is that the house or condominium is built and sold, and it is time for closing.
• the builder goes bankrupt
In the Agreement of Purchase and Sale will be a clause that will relate to the discharge of that part of the blanket charge which affects the property you are buying. The builders’ lawyers (the good ones, in any case) add the clause that the purchaser will accept the promise (undertaking) of the builder’s lawyer to register the partial discharge in a reasonable period of time, but will give on closing two important things:
• the builder goes to Tahiti with the money
a) a letter (“discharge statement”) from the bank or other financial institution (“mortgagee” or “charge”) setting out how much money has to be paid to the chargee to obtain the partial discharge; and
• the builder has a dispute with the bank • some other party seizes the money from the builder • the builder has an internal shareholders dispute and assets are frozen • the lawyer goes to Argentina with the money If we had followed a) and b), none of that would matter. My complaint is that it does not cost the builder anything to give this piece of mind and security to the purchaser. It is just usually the fault of some lawyer trying to prove how good he or she can be. So be careful. Watch for these tricky clauses and consult a lawyer, because only a lawyer can provide legal advice and care enough to catch these kinds of things.
b) a direction from the builder to the purchaser, telling the purchaser to pay the amount of money needed to obtain the partial discharge directly to the chargee. The clauses I will not accept stop with the purchaser being
Please say you saw it in The Commercial Investor
Jayson Schwarz LL.M. is a Toronto real estate lawyer and partner in the law firm Schwarz Law LLP. Visit schwarzlaw.ca or email info@schwarzlaw.ca and give us your questions, concerns, critiques and quandaries
Volume 17 Issue 12
15
11318198_4717
Commercial Real Estate & Business Opportunities
Brenda Creeden *Independently Owned & Operated
Business: 519-782-5505
Broker Direct: 519-495-4532 E-Mail: brenjohnston@rogers.com
Southwest Ontario
Centre City Realty Inc., Brokerage*
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.
$575,000
10863226_4717
www.brenjohnston.com
Century 21 Heritage House Ltd., Brokerage Independently Owned and Operated
DON PATCHETT
865 Dundas St., Woodstock
Sales Representative
don@donpatchett.com
jigar.patel@century21.ca
519-421-8911
Office: 519.539.5646
MICRO BREWERY? EVENT CENTER? WEDDINGS! 4717_DJW_0036
JIGAR PATEL
Sales Representative
519-535-8048
DOWNTOWN WOODSTOCK
4717_DJW_0037
Former church with amazing character, huge spaces and pro-level kitchen equipment is ready for your entrepreneurial vision to make it happen! Solar system provides monthly income. Lots of parking, two separate 2-bedroom living spaces with kitchens. Quonset hut and storage container have many possibilities for your hobby or business. Call or email Don or Jigar for more information. 153 Blandford St, Innerkip.
4717_DJW_0038
Retail location in the heart of one of Ontario's fastest-growing communities. Approx 2300 ft retail plus mezzanine for offices. Only $129,900. Call or email Don or Jigar for more information. 520 Dundas St, Woodstock.
Please say you saw it in The Commercial Investor
16
Volume 17 Issue 12
11310678_4717
Commercial Real Estate & Business Opportunities
ROYAL LEPAGE JASON TANGORRA B /O BRANT REALTY INC. BROKERAGE
JOHN DBROKERAGE IGNAN REAL ESTATE SALES REPRESENTATIVE
Southwest Ontario
(519)
771-8577
ROKER
519-759-6800
18 EASTON DRIVE
(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 ESTABLISHED MINI-STORAGE BUSINESS Turn-Key Operation 4717_DJW_0052
Your nexthome is here!
$895,000
48 SECOND STREET, STRATHROY ON Established Turn Key Mini-Storage Business Incorporated within Middlesex Vacant Land Condo Plan #886 with the common elements being the driveway access; Units 1 and 4; are PIN #s 0948900001 & 094890004; Fenced area including 6 buildings Total with 96 unheated INDOOR Storage total of 16,700 square feet; 10 OUTSIDE Parking; 1 Site Office and 2 recently constructed Barrier Free Washrooms. For this Listing buildings included are E/10 units & 1x office; F/11 units; G/12 units; J/20 units & 2x washrooms; K/22 units 5 Buildings are Concrete Block Construction & Fii/Light Steel Construction; Not All of the buildings at this address are included. Additionally this Site Plan approval has been issued for further expansion . Grass and snow removal in place for driveway from the Condo Corp. The Owner/Vendor is a licensed Real Estate Agent 11306812_4717
Whether you’re renting or buying, finding your next home has never been so easy.
GREG BROPHEY - Sales Representative
Sutton Group Preferred Realty Inc., Brokerage 519-438-2222
Direct:
519.521.8113 gbrophey@sutton.com Please say you saw it in The Commercial Investor
17
Commercial Real Estate & Business Opportunities 11241815_4717
FOR SALE 596 Broadway Street, Wyoming, ON
Sutton - Huron Shores Realty Inc. Brokerage Independently Owned and Operated 606 Goderich St., Port Elgin, ON N0H 2C0
Brian Shular
Doug Kaitlyn Freiburger Shular
Broker of Record
Sales Rep.
Sales Rep.
519-797-1007 1-888-727-1007
11319743_4717
PRIME HWY COMMERCIAL
•
1,962 Sq. Ft. building on ±0.091 Acre lot
•
Zoned C1 – allowing multiple uses
•
Former bank branch with mixture of offices and open space
•
Illuminated pylon sign with sign bands
•
Asking $225,000
5097 Hwy. 21, Port Elgin $564,500
FOR MORE INFORMATION PLEASE CONTACT:
Tim Schnurr* tim.schnurr@cbre.com
Greg Harris, CCIM* greg.harris@cbre.com
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 4717_DJW_0088
Rick Spencer** rick.spencer@cbre.com
519 673 6444 * Sales Representative ** Broker
www.cbre.ca
CBRE Limited, Real Estate Brokerage
www.suttonhuronshores.com Not intended to solicit properties currently listed for sale.
George Gicopoulos ggicopoulos@gmail.com
519-852-4458
Cell
COMMERCIAL
I made the switch to Exp., Maybe you should too! Ask me
THE FUTURE OF REAL ESTATE IS HERE NOW
3517_DJW_0046
WOODSTOCK OFFICE BUILDING SALE $1,250,000 LEASE $12. NET
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
Solid 2 floor building just over 20 years old right in the middle of town. With elevator, front and back stairwell and fully finished basement. Main floor and basement available now. Ideal for owner user. Approx. 9,000 sq ft on two floors plus about 3,000 sq ft in basement.
APPROX. 7,200 SQ FT. GOOD CONDITION. GOOD NEIGHBOURHOOD. FULLY LEASED.
INVESTMENT PROPERTY $2.2M VERY BUSY LONDON LOCATION. FULLY LEASED WITH APPROX. $120,000 NET PER YEAR. GREAT VISIBILITY, EASY ACCESS WITH EXTRA LAND FOR FUTURE DEVELOPMENT.
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, parking, washrooms pizza ovens and much more.
FAMILY RESTAURANT $325,000 4717_DJW_0005
GREAT INVESTMENTS STRIP PLAZA LONDON, $849,000
SOUTHWESTERN ONTARIO PROPERTY & BUSINESS $1.4M 3517_DJW_0045
11318636_4717
Sales Representative
DRY CLEANING/LAUNDRY $195,000 WITH PROPERTY
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 Great Opportunity for the restauranteur business operating here successfully for over 20 years. Present owner about 19 years. Regular clientele from surrounding area as well as off busy highway #4 north of London. Business only. Corner location, very visible with easy access. Plenty of parking.
Please say you saw it in The Commercial Investor
BREAKFAST, LUNCH $99,000
1600 sq ft restaurant with good long term lease. End Cap unit with plenty of parking. Great visibility and proven record.
Southwest Ontario
Volume 17 Issue 12
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
635 GREENHILL AVE
1 WEST AVE S
FOR LEASE - $12-14 PSF + TMI - 970-3,200 SF
FOR LEASE - $14 PSF + TMI - 2,892 SF
15 unit commercial plaza located in a dense residential neighbourhood near the Red Hill Valley.
Premier loft style office space available within the downtown International Village.
370 MAIN ST E
232 GOVERNORS RD
FOR LEASE - $9-11 PSF + TMI - 540-4,600 SF
FOR LEASE - $16 PSF + TMI - 1,021 & 2,680 SF
The Ironwood is a mid-rise office building located minutes from downtown Hamilton.
2 retail spaces available for lease located within newly renovated Spring Creek Plaza.
HAMILTON, ONTARIO
ROBERT SCALES COMMERCIAL LEASING AGENT E: LEASING@FORGEANDFOSTER.CA T: 1 888 600 7544
HAMILTON, ONTARIO
DUNDAS, ONTARIO
11311315_4717
HAMILTON, ONTARIO
20
Volume 17 Issue 12
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11292930_4717
Commercial Real Estate & Business Opportunities
N
Mazhar Roshan Sales Representative
905.929.9800 647.609.9463 905.574.6400
Direct
HomeLife Professionals Realty Inc.
GTA Direct
BROKERAGE Office
mazharroshan@sympatico.ca FOR LEASE $8,200.00 PER MONTH
Hamilton
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.
I have qualifi ed buyers for up to $5m in commercial and investment buyers. Call for details.
INVESTMENT PROPERTY – RENT FROM $2100 P/M 75’ x 150’ lot. Close to Hwy 403 and in the village of Ancaster. 3 Bedroom, 2 Bath House was rented for $2200/per month. Call for details. 2317_DJW_0049
3917_DJW_0029
RETAIL STONEY CREEK MOUNTAIN
HAMILTON $249,900
1917_DJW_1_0024
Located in highly growing neighbourhood on Stoney Creek Mountain next to new Walmart & Financial Institutes, in a plaza with 3310 sq ft retail space available (can be divided). Other tenants include drive thru Tim Hortons, Esso Gas Station, Avondale, Gino Pizza & many more. TMI is estimated 10.00 PSF, immediate possession avail.
I HAVE BUYERS FOR YOUR BUSINESS CALL FOR DETAILS
1917_DJW_1_6622
Long established Pizza and Wings business. Doing over $50,000 sales per month. Low rent and long lease, real money-making business. Close to all amenities, schools and on bus route. Good for big family or business oriented individual.
“My Business is to Sell Your Business”
11294991_4717
Please say you saw it in The Commercial Investor
21
Commercial Real Estate & Business Opportunities
2 UNITS 4,864 SQ.FT. EACH
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
DUNDAS 1,030 SQ.FT. (COMMERCIAL)
$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.
Downtown Dundas. 1030 sq.ft. on main floor with a lower level included. Excellent for Accountant, Salon, Driving School. Asking $2,000 per month plus utilities.
MOHAWK ROAD OFFICES
BEAUTIFUL HERITAGE BUILDING $2000/MONTH 3917_DJW_0038
QEW FRONTAGE – SUB LEASE
1917_DJW_0051
1917_DJW_0050
5,117 SQ. FT. WAREHOUSE
This is two units with an opening in the demising wall for tow motor. Could be I unit of 9,728 SQ.FT or single units of 4,864 SQ.FT. Warehouse space for each. Asking $5.50 per SQ.FT base.
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
3917_DJW_0037
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
Medical use only for these 3 units of approx. 750 Sq.Ft. Each on main floor. Plenty of parking. Call Roman for details.
1917_DJW_0044
617 PARKDALE HAMILTON (INDUSTRIAL) UP TO 20,000 SQ.FT.
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.
$$$$$$$$$$$$$$ $ HAVE CLIENTS $ $ $ LOOKING $ FROM 2,000- $ $ 10,000 SQ FT. $ $ OF INDUSTRIAL. $ $ I need more inventory. $ CALL ME. $ $ $$$$$$$$$$$$$$
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.
20,000 SQFT INDUSTRIAL SPACE 1917_DJW_0047
Beautiful 2nd floor space with prestige office space of approx 4,195 sq feet. Could be demised into smaller space.
3917_DJW_0039
242
Hamilton
Volume 17 Issue 12
On Parkdale Avenue North near Burlington Street. Quick access to QEW or Red Hill. 20,000 SQFT for your business. Call for an appointment.
22
Commercial Real Estate & Business Opportunities
Volume 17 Issue 12
11314129_4717
UNDERSTANDING REAL ESTATE TERMS AND FORMULAS By Dino Nicosia, Broker of Record, Investpro Realty Ltd., Brokerage
Hamilton
I
n this complex world of Real Estate investment, understanding the many terms, formulas and strategies will help you in making a wise investment. Let’s begin with the Operating Expenses, which are the most important factors in determining cash flow.
OPERATING EXPENSES In my career I have come across many financial reports on investment properties. It never ceases to amaze us how many operating expenses are streamlined to exaggerate the “Net Income”, thus artificially increasing the market value of the property. In addition to the regular expenses for heat, hydro, water, property taxes, etc., the next time you review an income statement, also look for the following expenses. 1. Management Fees Whether you intend to manage yourself or hire a property manager, this item should always be expensed at 3% to 5% of the gross income, depending on the size of the property.
2. Superintendent/Janitor Wages Again, whether or not you intend to do the work yourself, always expense this wage to determine the true operating expenses. Use approximately $40.00 – 50.00 per unit, per month as a guideline. This will vary depending on the duties. 3. Maintenance/Repairs This cost will also vary depending on the type, age and condition of the property, as well as the quality of tenants. A good guideline is approximately $600.00 to $800.00 per unit, per year. 4. Elevator If the property has an elevator, make sure the elevator costs are included in the expenses. Many times this cost is omitted. 5. Garbage Disposal Determine if the garbage is picked up by the City at no cost, or by a private company that would invoice the owner. This cost is often overlooked. 6. Insurance Coverage The property must be insured for fire and other hazards and this significant cost should not be overlooked. Premiums will vary depending on age and size of the building and be aware that premiums are on the rise. 7. Laundry Expenses On many occasions, you will find the laundry income included in the gross revenues, however, the laundry rentals are often forgotten in the expense column. Unless the laundry equipment is owned, always look for rental charges in the expenses. 8. Advertising/Promotions, etc. In a tough rental market, you must allocate a reasonable monthly charge for advertising or costly promotions. A good “rule of thumb” for operating expenses is 50% to 60% of the “Effective Gross Income” (a term that will be discussed in next issue). Always remember that it is the Net Operating Income that sets the probable value of the building. Therefore, to actually establish the true N.O.I., all the actual expenses must be accounted for, or you could end up paying too much for the property.
Please say you saw it in The Commercial Investor
Volume 17 Issue 12
23
Commercial Real Estate & Business Opportunities
SHAWN DOIRON
SALES REPRESENTATIVE
905.529.5900 Ext. 262 905.515.5501 E-MAIL: doirons@bbsrealty.com WEB: www.bbsrealty.com COMMERCIAL REAL ESTATE SALES AND LEASING SERVICES
11315388_4717
OFFICE:
MOBILE:
Hamilton
2717_DJW_0032
2717_DJW_0036
RETAIL/OFFICE FOR LEASE This attractive mixed-use building is located west of the Upper Sherman and Fennell Ave E. intersection on Fennell. Excellent opportunity for fast food restaurant, retail, and professional office use. Available space ranging from 1,045 SF, 1,077 SF, EAST HAMILTON MOUNTAIN 1,398 SF or a combination thereof. Join PAPPA JOHN’S PIZZA first Hamilton location located on this high traffic arterial road offering back-lit sign boxes above store fronts along with additional shared 6’ x 8’ blade sign for maximum street front exposure. Variety of uses permitted. Asking Net rent is $13.95 PSF. Call Listing Agent for details. 30-60 day possession. Parking at rear of building.
OFFICE SPACE FOR LEASE Brand new 2nd floor office space located at the corner of South Service Rd. and Millen Rd. with easy access to QEW Toronto/Niagara and close proximity to the Red Hill Valley Parkway. This location STONEY CREEK offers excellent exposure to the QEW with great signage opportunities. Office space measures approximately 2,300 SF. Asking $13.25 PSF GROSS. Possession 30-60 days. Landlord may assist with improvements. Call LA for details.
FOR SALE Located at the entrance to Hess Village. Gorgeous 2nd floor one bedroom apartment is approx. 1,100 SF c/w private patio, separate front and rear entrance, and 3 piece washroom with freestanding DOWNTOWN HAMILTON soaker tub. Commercial space is approx. 1,100 SF on main floor offering excellent street front exposure to high vehicle traffic. Parking located at rear of building (off alley) that could allow for 6 spots. Separate hydro / gas meters for each floor. Must see! Vacant and ready to move in! Asking $649,000. Call for more details.
4717_DJW_0046
1117_DJW_0049
RETAIL/OFFICE FOR LEASE Clean professional office/retail space ready to occupy next to Limeridge Medical Center by Limeridge Mall. Located on dominant retail corridor allows for high exposure. Signage opportunities HAMILTON CENTRAL MOUNTAIN include above store front, street front pylon, and rear building signage. The lease space is approximately 1,088 SF. Easy access to E/W Linc Expressway. Immediate possession. Asking Net rent is $14.95 PSF. Call LA for details.
RETAIL / OFFICE SPACE FOR LEASE Busy retail plaza situated on Fairview St between Walkers Line and Appleby Line. High traffic location offers street front pylon sign exposure with additional back-lit sign box above store front. BURLINGTON Excellent opportunity for restaurant, retail, and professional office use. Landlord may assist with improvements. Asking Net rent is $15.00 PSF. Immediate possession available. Call Listing Agent for details.
1117_DJW_0044
1117_DJW_0045
RETAIL/OFFICE FOR LEASE Prime corner location with heavy foot traffic from Westdale Seconday School and Columbia International College. This rare main floor corner unit just minutes to McMaster University and downWEST HAMILTON town Hamilton offers excellent exposure to high traffic intersection at Main St. W. and Longwood Rd.. Landlord would consider dividing this 4,509 SF unit. Great opportunity for fast food restaurant. Minutes to Hwy 403 and LINC Expressway. Immediate possession. Asking Net rent is $15.95 PSF. Call Listing Agent for details.
INVESTPRO REALTY LTD.,
VMYSL
BROKERAGE
Specializing in Multi-Residential Listing and Sales “Your Investment Partner for Life”
Broker of Record
Direct: 905-870-5852 dino@investprorealty.com
www.investprorealty.com
2 Luxury residential apartment units, over 2,000 sq. ft. each on 3 levels. Plus 2 Commercial units. Asking $1,099,000.00. Visit our website for income and expense summary and much more 1917_DJW_4_0008
I
W
NE
PR
24 UNITS, LONDON ON
SOLD
Great investment opportunity. Most units renovated. Newer roof, parking lot and boiler. Asking $2.1 mil. Arrange own financing. Visit our website for income/expense summary and much more details. 4317_DJW_0021
Sales Representative
Direct: 289-244-5627 kandy@investprorealty.com
LEGAL 4 PLEX, ST. CATHARINES
4 UNITS, HEART OF DOWNTOWN, HAMILTON CE
Kandy Thompson,
CE
I
W
NE
PR
Great St. Catharines rental area. No vacancies! Good cash flow. Asking $434,900. For details, please visit our website.
1917_DJW_3_0024
RENOVATED MIXED USE PROPERTY, HAMILTON
Very spacious 2 br. apartment and successful restaurant. Both on a 5 year lease. Both units totally renovated. Asking $549,000.00. Visit our website for details 4317_DJW_0022
Coming Soon! Legal Duplex at $349,000. Ask broker for details. Please say you saw it in The Commercial Investor
8495852_4717
Dino Nicosia,
24
Volume 17 Issue 12
11294087_4717
Commercial Real Estate & Business Opportunities
Larry Szpirglas
Christine Kiriakopoulos
BROKER
SALES REPRESENTATIVE
larryszpirglas@royallepage.ca 905 648-4451 (o) 905 572-1801 (c)
Christinek@royallepage.ca 905 648-4451 (o)
Tel: 905.648.4451 186 KING STREET EAST, $14.00 PER SQUARE FOOT (NET)
3917_DJW_0010
Hamilton
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).
FOR LEASE 3517_DJW_0033
3517_DJW_0034
706 STRATHEARNE AVE. $6,000.00 PER MONTH (NET)
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).
FOR LEASE
2.16 acre property w/fenced yard, approx 5000 sq ft warehouse & approx 1800 sq ft office building w/ electronic weigh scale in Industrial core. New forced air furnace(‘17), newly carpeted(‘17). Signage in front of office. Zoning permits heavy industrial uses & storage.
FOR LEASE
3517_DJW_0044
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
FOR LEASE
What our clients are saying about us 1100 SOUTH SERVICE RD., STONEY CREEK
LEASED Through
Mar 18,
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0717_DJW_0046
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OWNER ANXIOUS approx. 30 TO SELL. acres Featuri
of flat land, ng 60 registe esque town zoned red of Chesle y (just north residential. The proper unserviced buildin numerous churches, g lots, of Hanove ty is situate social Grey-Bruce r). d in the pictur-plus School Board clubs, supermarket, Chesley boasts its own an active Head Office. Main Street modern hospital, with a new ASKI For Marke large ting Broch NG ONLY $840 ure Call: Winston ,000 Suite 411 WinCorp Realty Davies, Inc., – 60 Wynd Broker of ham Stree Real Estate Broke Record t South, rage Guelph, Tel: 519-8 Ontario 36-2080 Email: wjmd N1E 7H7 avies@roge rs.com
nkerpbr.co
ext 3023
gsmahersolutions@gmail.com
shawnmaherrealestate.com
360 ACR 4,000 FT. ES. EAST OF LAKE SIM OF SHO RELINE COE. ON CAN AL LAK E.
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tor delivered
directly to
your door!
(COM)
153 UNI ON
743-5211
Broker
Office: 905-777-0252 ext 309 Cell: 905-966-4510
590-1666
See inside
for details
For information call 1.800.268.0077
FC_0717
Three retail
G Shawn Maher
$995.00/P MTH Hamilton Business Park QEW and Fruitland Rd. New office, prestige office business park. South Service Road and QEW exposure. New floor, carpet, paint, glass boardroom, 2 parking spaces. Square footage is 725 sq. ft. 0717_DJW_0047
Please say you saw it in The Commercial Investor
11314784_0717
Feb 18 -
The Commercial Investor
Volume 17 Issue 12
25
10339498_4717
Commercial Real Estate & Business Opportunities FOR
FURTHER INFORMATION:
JOHN HRYCZYNSKI BROKER
(905) EMAIL:
JOHN@BBSREALTY.COM
WWW.BBSREALTY.COM
REAL ESTATE BROKERAGE
COMMERCIAL REAL ESTATE
REAL ESTATE SALES AND LEASING SERVICES
DOWNTOWN CORE HAMILTON Prime downtown core location! Attractive office and retail space available in these meticulously preserved historic office and retail buildings with close proximity to all downtown services and amenities. Buildings are located near the future LRT stop. Office unit sizes range from 1,395 inline unit to entire floor plates of approx. 14,205 sfr and may combine floors for up to 42,600 sfr and retail mall units range from 705 to 1,000 sfr or more sizes. Rental rates vary depending on unit size and location. Immediate possession. Call John for details.
NEW RETAIL PLAZA FOR LEASE
OFFICE & RETAIL FOR LEASE
FREESTANDING BUILDING FOR LEASE
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.
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.
11312446_4717
3917_DJW_0035
1400 UPPER JAMES ST., HAMILTON Prime Upper James Street location with excellent exposure on this power retail corridor; high traffic location with easy access to major arterial roads and highways. Busy retail plaza with large retail and service anchors. Unit is 10,820 sf, ideal for most retail/office uses. Five year sub-let at attractive rental rate or new lease available through Landlord. Abundant parking, 30-60 day possession. Asking $12.95/sf net. Call for details.
1917_DJW_1_0061
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. Price Reduced, 5% CapRate. Asking $4,020,000.
1917_DJW_1_0069
4317_DJW_0038
OFFICE AND RETAIL SPACE FOR LEASE
4717_DJW_0048
RETAIL FOR LEASE
3917_DJW_0034
AAA INVESTMENT PROPERTY
Diamond Award Winners
12-BED MCMASTER RENTAL
SOLD
0
,90
99
,0 $1
CONDITIONALLY 7-BED MCMASTER RENTAL
12-bedroom turnkey property with 5 bathrooms, 2 kitchens, 2 laundry areas and plenty of common space. This amazing custom property has three entrances with a third roughed-in kitchen for potential triplex setup. Renovated top-to-bottom with luxury finishes. Walking distance to McMaster. Fully leased until April 2018 – Gross rent: $72,000 with more upside potential. MLS: H4007170. CAP 5.34% - Potential CAP – 6.6%. Call 4717_DJW_0049 Kevin direct: 905-802-4769.
00
9,9
4 $7
7-bedroom turnkey property with 3 full bathrooms, 2 kitchens, and 2 huge common spaces. Renovated top-to-bottom featuring: updated kitchens, baths, flooring, wiring, plumbing, windows, roof, basement waterproofing and high ceilings. Plenty of parking. Walking distance to McMaster. Fully leased until April 2018 – Gross rent: $37,800 plus utilities with lots of upside potential. MLS: H4007201. Call Kevin 4717_DJW_0050 direct: 905-802-4769.
8 UNITS – BURLINGTON IEVE SISV LLUU C C X EEX
Fantastic 8-unit building in a desirable location of Burlington, close to all amenities. 3.5 stories with terrazzo stairwells, large parking lot and all brick exterior with concrete construction. Spacious 7 – 2 bedrooms, 1 bachelor and office with camera security, laundry room and newer boiler. Asking 1.8 million with minimum $600,000 down. Gross income of almost $100,000. Ideal investment with lots of growth potential. Call Italo direct: 4717_DJW_0051 905-719-3601. Principals only please.
WANTED FOR QUALIFIED EXPERIENCED BUYER : 50 - 100 UNITS IN THE HAMILTON AND HORSESHOE AREA. ALL CONFIDENTIAL - NO OBLIGATION.
Please say you saw it in The Commercial Investor
Hamilton
COMMERCIAL
529-5900 X 240
26
Volume 17 Issue 12
Commercial Real Estate & Business Opportunities
Hamilton
28-30 KING STREET #1 HAGERSVILLE $900/MONTH
28-30 KING STREET #2 HAGERSVILLE $500/MONTH
372 NORFOLK STREET S, SIMCOE $685,000
Renovated 1700sf comm. unit offers high volume of vehicular + pedestrian traffic. “Move-in” ready unit, ultra spacious/ bright store front, 150sf rear storage/prep area, wash rm + rear access/loading area. Many quality upgrades since 2017 plus private rear parking + public street parking. Priced for Action!
Renovated 550sf comm. unit offers high volume of vehicular + pedestrian traffic. “Move-In” ready unit, bright store front, 50sf storage area, washrm + rear entry/loading area. Many quality upgrades since 2017 plus private rear parking + public street parking. 30 mins/Hamilton, QEW, 403.
4717_DJW_0024
4717_DJW_0025
Diverse 2.34ac Comm/Res property S. of Simcoe’s dwntwn core. Incs 1800sf retail store w/2 w-in coolers, pvd parking, lrg street entry, updtd vintage brck 2 stry home(1937), 1450sf hbtd wrkshp w/bsmnt + 2 greenhouses. Shop/outbldngs/ greenhouses require some TLC - reflected in price. Superb Value! 4717_DJW_0026
13 HARBOUR STREET, PORT DOVER - $1,850,000 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.
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.
2317_DJW_0063
970 BURFORD-DELHI TOWNLINE ROAD, SCOTLAND $499,900
33 MAIN ST N, WATERFORD - $399,000
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!
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!
2717_DJW_0020
1917_DJW_1_0055
3917_DJW_0003
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
D L O S 4875 RAINHAM ROAD, SELKIRK $299,900
1048 LAKESHORE ROAD, SELKIRK $279,900
6 PARKVIEW ROAD, HAGERSVILLE NOA 1H0 **LEASE** $1,450 PER MONTH
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
Beautiful, diverse L.Erie prop. in Featherstone Pnt..steps to beach. Incs former restaurant transformed into 1750sf 4 bedrm residential retreat on 0.17ac lot (owned land). Ftrs 730sf deck syst, roof’10 + CR zoning allows for sev. uses. Sep. 265sf cottage can be included if buyer assumes land lease.
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
4317_DJW_0013
8171399_4717
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Commercial Real Estate & Business Opportunities
Volume 17 Issue 12
SkyViews Finding the Right Brokerage Guidelines to help apartment owners maximize their sales
Greater Toronto Area
By Erin Ruddy, Editor of Canadian Apartment Magazine When it comes to selling an apartment building, there are communication to blanket the market in hopes of finding many factors property owners should consider before potential buyers; to properly market a property, the right diving into, what for most, is an intensely complicated brokerage will use what is called target marketing. “Using process. Among those factors, and perhaps the most multiple forms of communication, your brokerage should important of them all, is choosing the right brokerage to identify the best strategy to reach all buyers in the engage the right buyers. apartment building industry directly, resulting in you getting the most efficient marketing results,” he says. Cliff Ford is the Director of Sales and Marketing at Skyview Realty Limited. As someone who has been been facilitating Find someone connected this process for more than seven years, Ford offers the The ideal brokerage is connected not only to you, but also following guidelines for finding a brokerage firm to foster to a network of current buyers. When you are ready for successful transactions and ensure the highest results. your property to be listed, Ford says your brokerage should already have contacts with potential buyers and know who Go with experience would be the right fit for your building. Real estate markets change from year to year, even from month to month. “When dealing with a brokerage firm, Remember, established is good owners need to find the delicate balance of experience, Along with knowledge of current buyers, a brokerage coupled with the up-to-date understanding of today’s should have already established relationships with other current marketplace and trends,” says Ford. “Experience companies in the industry—appraisers, environmental and alone will fail to provide strategies that reflect current trends structural inspectors, financial institutions, and other key in the industry.” On the other hand, a brokerage firm lacking players. “Having an established network of industry in experience will not be able to accurately predict and professionals can assist you in bringing your transaction to prepare for upcoming trends. a quicker close,” he says. Look out for number one Ford advises that above all else, apartment building owners choose a brokerage that looks after their interests and works hard to achieve their trust, confidence and commitment. “Your brokerage should ultimately be looking to serve your needs throughout the process of selling,” he advises.
Look beyond the offer Many real estate transactions fail at the most crucial stage: the due diligence process. “Having a brokerage that engages in a thorough due diligence process ensures that your building’s information is verified for the buyer and your transaction closes smoothly and promptly.”
Take the right approach While some brokerages focus on the approach of, “Bring me an offer, any offer,” Ford points out that finding the right buyer with the right offer is the better way to go. “A good brokerage will bring the right people to the table to help you sell your building,” he says.
Get what you pay for “Whether you are paying a low or high commission fee to the brokerage of your choice,” says Ford,” you need to be confident in the level of service you received. The right brokerage will be dedicated to providing the ultimate service for the commission fees you pay.”
Know your value Many brokerages waste valuable time and resources trying to pinpoint the market value for a building. “The right brokerage will have the knowledge and experience to provide an accurate opinion of value prior to even listing your building,” says Ford. “Knowing what your building is worth will help you get the right return on your investment.”
Finally, when all is said and done, Ford explains that the most important element in dealing with a brokerage firm is achieving top dollar for an apartment building. Finding the right brokerage—one that fulfills the above criteria—ensures that the owner walks away from every transaction with confidence, having received exceptional service, maximum exposure, hassle-free processes, and best of all, financial results.
Get maximum exposure Marketing is not just a matter of using one or two forms of
8647857_4717
SKYVIEW REALTY LTD.,Brokerage Apartment Building Sales Tel. (416) 444-6545 E-mail: info@skyviewrealty.com
Fax (416) 444-6997 Website: www.skyviewrealty.com
Please say you saw it in The Commercial Investor
R O
REALTOR
Volume 17 Issue 12
29
Commercial Real Estate & Business Opportunities
Fathalla
G IN
K
AS
DENNO
E
IC
PR
$1
0
,00
9 ,24
FOR SALE
Sales Representative
FOR LEASE COMMERCIAL CONDOS
With Equipment & LLBO STONEY CREEK For more information call Denno (905) 208-9373
11312196_4717
MY TRAN
Sales Representative Heritage Group Ltd., Brokerage Each Office Is Independently Owned And Operated
Office: 905-764-7111 Direct: 416-988-4748
info@ mytran.ca
www.MYTRAN.ca
4717_DJW_0035
Givalas Real Estate
11208873_4717
Nick Givalas
Brokerage
8305406_4717
CAREFREE INVESTMENT. GOOD RETURN / BETTER THAN THE BANK! ASKING PRICE $3,500,000
Broker of Record
Ltd.
(905) 479-4436
email: ngivalas@trebnet.com
FOR SALE COBOURG ASKING PRICE $525,000
FOR SALE $699,900.00
D L SO
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 National Tenant Investment Property This One. William Street Is One Of The Muskoka Area. Established Swiss Chalet / Main Streets In Town Off The Burnham Harvey’s Restaurant In Huntsville, Ontario Street 401 East Exit To Cobourg. Ideal For The Past 20 Years. Modern Design For Restaurant Fast Food Type Use Next Freestanding Building With Drive Thru With Door To Tim Hortons With Other National Approx 79 Cars Parking. Strategic Location Food Tenants Same Block McDonalds And Off Highway 11 Exit. Lease Just Renewed. Wendy’s. District Commercial Zoning Allows Corporate Covenant.Solid Investment And For Many Other Uses For Opening A Business Rare Find In Popular Muskoka Area North Here Yourself Or Leasing Out To A Tenant. Of Toronto. Store Does Very Well, Located Quonset Hut In Rear Of Building For Extra Next Too One Of The Busiest Tim Hortons Storage. Good Chance To Buy In Town While 3917_DJW_0005 3117_DJW_0038 Prices Are Still Reasonable. In Ontario.
Please say you saw it in The Commercial Investor
D L SO Kawartha Lakes Buiilding & Business FOR SALE
4717_DJW_0045
Greater Toronto Area
CLOSED Restaurant
Property fronting Steeles Avenue W est Located steps from public transit and new T oronto-Y ork Spadina subway extension Great opportunity to own or for investment. Please contact for more details.
30
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Volume 17 Issue 12
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
YORK MILLS/DON MILLS SUBWAY FRANCHISE
MAIN/DANFORTH PRIME COMMERCIAL/RETAIL SPACE
VE
I US
CL
EX
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
MISSISSAUGA WHOLESALE/RETAIL DISTRIBUTOR
EAST GARAFRAXA 239 ACRES VE
SI
LU
C
EX
Excellent opportunity! Wholesale/retail meat and fish distributor. $1m+ spent on equipment, electrical and state of the art facility! Owner retiring. Training available. Great lease terms! $629,880. Call Peter: 416606-7882
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
3117_DJW_0024
1917_DJW_0032
www.PBcommercialteam.com | Team@PBTeam.com 905-887-9000 • 416-735-2324 5071 Highway 7 East, Unit 5, Markham ON L3R 1N3 *Based on Re/Max Canada commissions in 2014 1st Q
11276658_4717
Greater Toronto Area
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
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 12
31
Commercial Real Estate & Business Opportunities
258 EDWARD ST., ST. THOMAS $409,000
DOWNTOWN LONDON 3 BEDROOM HOUSE $359,900
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 LAURIER 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
4717_DJW_0032
• 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
Fabulous opportunity to acquire a detached home in great downtown London neighborhood. This 3 Br home has had extensive renovations and would make an awesome owner occupied or rental property. Currently rented for $1,950 per month plus all utilities. Call Bruce to arrange a tour 519-643-6014. MLS # 101988
11303359_4717
NELSON CONROY Sales Representative
JAMIE HANKE
BRUCE THOMAS
Sales Representative
Sales Representative
London South 334 Wellington Road S, N6C 4P6
nelsonconroy@royallepage.ca
jhanke@royallepage.ca
brucethomas@royallepage.ca
JUST LISTED A BLOCK TO DOWNTOWN ST THOMAS
Wake up to your nexthome! 239,900 4717_DJW_0047
This extensively renovated Triplex is located within a block of St Thomas. Two units are vacant & investors can set their own rents & have the tenants they wish. We have 3 separate meters, 2 furnaces, laundry & a high & dry basement. Serious investors should not miss this for excellent cash flow & virtually no vacancy. Expenses & details, please call me?
11319870_4717
NELSON CONROY
Whether you’re renting or buying, finding your next home has never been so easy.
Sales Representative
519-672-9880
London South 334 Wellington Road S, N6C 4P6
Please say you saw it in The Commercial Investor
nelsonconroy@royallepage.ca
Greater Toronto Area
519-672-9880
trebreport
GTA REALTORS RELEASE commercial market figures
T
oronto Real Estate Board (TREB) President Tim Syrianos announced that TREB commercial network members reported 263,420 sq. ft. of combined industrial, commercial/ retail and office space leased through TREB’s MLS System in October 2017. This result was down by 27.7 per cent compared to October 2016. Industrial lease transactions continued to account for the great majority of space leased. Changes in average lease rates, for space transacted on a per square foot net basis with pricing disclosed, was mixed depending on market segment. The average industrial lease rate in October 2017 was $8.27 per sq. ft. net – up from $7.02 in October 2016. The average commercial/retail lease rate remained similar on a year-over-year basis, at $21.55 in October 2017 versus $22.41 a year earlier. The average office lease rate was up to $17.51, compared to $13.81 a year earlier. It is important to note that average lease rates can change based on shifts in market conditions and changes in the mix of properties leased, in terms of type, size and location.
“TREB members continue to be involved in a substantial number of commercial transactions on a monthly basis. Obviously, there is always some volatility on a month-to-month basis. However, from a longer term perspective, the GTA and broader Greater Golden Horseshoe remains very competitive in the North American and global contexts. While Canadian economic growth appears to have slowed in the second half of 2017, Canada is still on track to pace growth in G7 countries. This points to a solid foundation for the demand for industrial, commercial/retail and office space in the region,” said Mr. Syrianos. Total industrial, commercial/retail and office property sales amounted to 56 in October 2017 – down from 69 sales reported for the same month in 2016. Average selling prices on a per square foot basis for transactions with pricing disclosed were up substantially for all three major market segments. However, while shifts in market conditions may have accounted for some of the average price increases, changes in the type, size and location of properties sold also influenced these increases.
OCTOBER 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) OCT 2017
OCT 2016
% Change
Industrial
176,196
308,942
-43.0%
Commercial
29,981
30,407
-1.4%
Office
57,243
25,010
128.9%
Total
263,420
364,359
-27.7%
OCT 2017
OCT 2016
% Change
Industrial
$8.27
$7.02
17.7%
Commercial
$21.55
$22.41
-3.8%
Office
$17.51
$13.81
26.8%
Avg. lease rate
OCTOBER 2017: ALL COMMERCIAL SALE TRANSACTIONS: Commercial sales completed with pricing disclosed on Toronto MLS
Sales (Price disclosed) OCT 2017
OCT 2016
% Change
Industrial
12
26
-53.8%
Commercial
33
28
17.9%
Office
11
15
-26.7%
Total
56
69
-18.8%
Avg. sale price per sq. ft. (Pricing disclosed) OCT 2017
OCT 2016
% Change
Industrial
$142.40
$102.09
39.5%
Commercial
$394.00
$244.62
61.1%
Office
$457.90
$218.16
109.9%
NOTE: Some table totals may differ due to conversion and rounding.
34
Volume 17 Issue 12
Commercial Real Estate & Business Opportunities
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
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
APPROVED SUBDIVISION IN MEAFORD 2 STORES FOR LEASE: IN BARRIE (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 • Abuts a medical building • 4 minutes to hospital
$6,500,000
Call Pierre Boiron 416-804-5555
• 1,570 square feet and 2,500 square feet at 250 Innisfil St. Barrie. • $9.90 per square foot net plus $3.49 for TMI. • Like new. • Two minutes to Hwy 400 and to lake.
PIERRE BOIRON, Ex: F.R.I., SIOR, Sales Representative
Tel:
(416) 804-5555
Please say you saw it in The Commercial Investor
11121575_4717
Greater Toronto Area
SHMUKLER REALTY INC. BROKERAGE
DIRECT: 519-318-1622 TOLL FREE: 1-866-960-6059 Email: michael@ShmuklerRealty.com
11253451_4717
MICHAEL SHMUKLER, P.Eng, Broker of Record
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
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
CENTRAL ONTARIO
CENTRAL ONTARIO
36
Commercial Real Estate & Business Opportunities
Volume 17 Issue 12
8313781_4717
Bill Byers Sales Representative bill-byers@coldwellbanker.ca
TEMISKAMING REALTY LTD.,
4717_DJW_0030
4717_DJW_0029
2317_DJW_1_0040
HWY#11 COMMERCIAL 93 Acres with Commercial Hwy entrance. 2 Homes, 70’ X 40’ and 40’ X 40’ Shops, Garage & more. Over 10 Acres of good solid gravel parking. With Agricultural/Commercial zoning there is a ton of potential. Near New Liskeard. Asking $499,000. MLS TM172580
3517_DJW_0017
LARGE BUILDING Former Chicken Farm. 5,300 sq’ Barn with Office, 28’ X 60’ Shop, & 2 Smaller Barns. Tidy 4 Bedroom, 2 Bath House. Large Garden, nicely landscaped. 1.4 Acres. Just off Hwy#65 East between New Liskeard & Quebec. Asking $349,900. MLS TM172705
FISHING & HUNTING CAMP Turn Key, 100+ years well established, all inclusive packages keep this property near full all season. Ideal for the outdoors family to live & work here year round. Shining Tree. Asking $749,900. MLS TM172033
LCBO & GAS BAR Great turn key business on Hwy #65 West, in Kenabeek. Includes Gas & Diesel, Variety Store, LCBO, Lotto, Bottle return, Post Office and Food Counter, large 5 bedroom apartment, garage all on 1.47 acres. Lots of potential here for variety of uses with no zoning. Asking $224,900. Sellers may hold some financing. MLS TM152104
2317_DJW_1_0033
New Liskeard, Northern Ontario
4717_DJW_0031
www.temiskamingrealty.com 1-866-557-1110 705-647-1110
BROKERAGE
GAS STATION Large Commercial Building 4285 sq' on the main Street in Elk Lake (Hwy # 65 & 560) across from the Montreal River. Vacant, former gas station, restaurant, repair shop with hoist & owners apartment (not finished). Asking $149,900. MLS TM152302
160 ACRES Year Round Road with Hydro & Phone. Unorganized Sharpe Township no Zoning or building permits required. Asking $79,900. MLS TM170521
moneysense
Want to finance your own business? Central Ontario
Here’s how
M
any of us dream about becoming business owners. If you want to turn this vision into a reality, the first step is financing your new business. Check out these four key steps you can start thinking about today: 1. Consider personal financial investment. Be prepared to invest your own capital into your business. Most financing options, including government financing, require you to provide a portion of the investment. 2. Improve your credit rating. Lenders will consider your personal finances when you apply for a loan. Most look at your credit rating, so keep on top of your credit and take the necessary steps to ensure it’s attractive to lenders.
3. Develop a business plan. This is one of the first things most lenders want to see. It shows them what your business idea is, how you plan to implement it, and how you will succeed. Lenders want to ensure that your business is viable before they invest in it. 4. Seek support. Free services to help you with business planning are offered through Canada Business Ontario. Call them at 1-888576-4444 or visit www.canadabusiness.ca. Canada Business Ontario is a program within the Federal Economic Development Agency for Southern Ontario (FedDev Ontario). For further information on federal economic development programs and services for southern Ontario visit FedDevOntario.gc.ca, contact them by email at info@FedDevOntario.gc.ca or call toll free, 1-866-593-5505. -NC
Please say you saw it in The Commercial Investor
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
SECTION COVERING: Lindsay Peterborough Port Hope Bowmanville
Cobourg Trenton Belleville Kingston Northeastern Ontario
For advertising
contact Doreen Wills Tel: 1-800-268-0077 or 905-570-9283
doreen.wills@ypnexthome.ca thecommercialinvestor@ypnexthome.ca
EASTERN ONTARIO
EASTERN ONTARIO
inthenews
Ontario passes legislation to help businesses save time and money Changes will help small businesses and cut unnecessary red tape
O
ntario has passed legislation to make it easier for businesses to grow and create more jobs.
The Cutting Unnecessary Red Tape Act, 2017 will reduce regulatory burdens and practices that cost businesses time and money, while protecting environmental and health standards and ensuring worker safety. The changes to cut red tape and help small businesses grow 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, while protecting environmental, health and worker safety standards. • 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 with good compliance records and lowering their costs by reducing requirements, without compromising the environment health and safety, and other pro tections. • Electronic transmission guarantee: Providing businesses the option to electronically submit any required documentation to the Government of Ontario instead of more costly paper submissions.
• Reducing fees and other costs: Reviewing licence and registration fees paid with a goal of providing relief to small- and medium-sized businesses. Cutting unnecessary red tape is part of our plan to create jobs, grow our economy and help people in their everyday lives.
The Facts • 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
“Cutting red tape, while maintaining the highest safety and environmental protections, 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. It 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 unnecessary red tape for businesses in the province.” — Brad Duguid, Minister of Economic Development and Growth …continued on page 40
Please say you saw it in The Commercial Investor
Volume 17 Issue 12
39 11319736_4717
Commercial Real Estate & Business Opportunities
4717_DJW_0009
VACANT LAND
INVESTMENT PROPERTY
4717_DJW_0010
4717_DJW_0011
MINI STORAGE + SOLAR
ED
UC RED • 26 Acres • 967 ft. along Bell Boulevard • Within 1 KM of Shorelines Casino • Water, sewer and natural gas on the lot line
ASKING PRICE $2,125,000 cookeproperties.com/BELL
4717_DJW_0012
ED
ASKING PRICE $4,950,000
STRIP PLAZA/BUSINESS SALE
cookeproperties.com/PINES
4717_DJW_0013
4717_DJW_0014
PRIME LOCATION
D SOL
• 125 Storage Units • 6 – 1 Bedroom Apartments • 2 Office Units • ¾ Acre property, fully paved • Climate controlled indoor storage • Well maintained, all roofs replaced
ASKING PRICE $1,850,000
cookeproperties.com/Storage 4717_DJW_0015
• 12,000 square foot office building • Elevatored and plenty of parking • Vacant and ready for residential conversion • Zoning allows for 6-storeys • Well located across from Moira River • Waterviews
ASKING PRICE $1,000,000
cookeproperties.com/CrespiSale
GENERAL STORE + APARTMENTS
ASKING PRICE $499,000
cookeproperties.com/203Victoria
!!
UC RED
REDEVELOPMENT OPPORTUNITY
• 316 Storage Units •150 kW Solar; $186K yearly income, 15-year contract • 3.8 Acres, located next to HWY 401 • Executive 2-bedroom home • Easy to manage • 11% CAP RATE
4717_DJW_0018
• 5 unit 6000 square foot plaza • Established small equipment sales and rental business • 30 years in business with great clientele. • 5 overhead doors, separate meters • Paved parking, good linkage to HWY 401
• High visibility corner lot • 1500 square foot building • Busy intersection of 3 main roads • Well suited for fast food, convenience store, laundromat • Adequate parking
cookeproperties.com/30Frankford
cookeproperties.com/178FRONTFS
ASKING PRICE $470,000
CORNER COMMERCIAL
ASKING PRICE $300,000
4717_DJW_0016
• Tons of drive by traffic, Belleville’s busiest street • 4321 square feet with 3 units • Vacant main floor professional suite • Vacant upper office suite • Separate meters
• HWY 41, Cloyne, Ontario • 7120 square feet • Corner commercial lot, .58 Acres • 5 minutes to Bon Echo Provincial Park • Zoning is C1 with many permitted uses
ASKING PRICE $375,000
ASKING PRICE $175,000
cookeproperties.com/187NFSale
BELLEVILLE ONTARIO
4717_DJW_0017
POWER OF SALE
cookeproperties.com/HomeHardware
4717_DJW_0019
STOREFRONT + ROOMING HOUSE
4717_DJW_0020
!!
D SOL • HWY 41, Cloyne, ON • 3 commercial storefronts, 2 apartments • GRECO PIZZA franchise, no royalties • 1440 square foot bait shop • 960 square foot rental unit • Full service LOTTO
ASKING PRICE $249,000
cookeproperties.com/14222HWY41Cloyne
• Corner commercial, high traffic location • 4200 square foot commercial building, vacant • 1.5 storey brick rental home • Climate controlled fibre optic bank • Natural gas backup generator • Former 911 call centre
• Corner lot with plenty of parking • Owner occupied retail storefront • 3 rented residential rooms with shared washroom • $1400/month rental income, 2 hydro meters
cookeproperties.com/60Dundas
cookeproperties.com/224Coleman
ASKING PRICE $325,000
ASKING PRICE $213,000
www.CookeProperties.com Please say you saw it in The Commercial Investor
Eastern Ontario
MINI STORAGE + APARTMENTS
• 2 Storefronts, 3 2 Bedroom Apartments • 5 and 10-year commercial leases • Prime corner lot with plenty of parking • Located in Tweed, Ontario
40
Volume 17 Issue 12
Commercial Real Estate & Business Opportunities
Jack Huitema
220 Broad Street East, Dunnville, ON N1A 1G2
Broker of Record
905-774-7624 MANITOULIN ISLAND – 48.8 ACRES – GARDEN CENTRE BUSINESS
Each Office Is Independently Owned & Operated
GREENHOUSE/GARDEN CENTRE OPPORTUNITY
MODERN GREENHOUSE CENTRE
1917_DJW_0042
1917_DJW_0041
3517_DJW_0013
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.
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.
4717_DJW_0041
On 80 acres of productive soil. 20 acres for greenhouse warehousing growing area, parking lot and home. Two Crone gas fired boilers installed in 2015. 6 acres of greenhouse, 13,000 sq. ft. of warehouse and offices. Large retail area and lots of parking. Great opportunity to take over a long established business. Call Jack for details.
www.coldwellbanker.com
11279879_4717
…continued from page 38
Eastern Ontario
“These changes will make strides to reduce input costs and provide modernized regulatory provisions which support prosperity for businesses of all sizes. Building on the success of the Red Tape Challenge, this legislation demonstrates a positive commitment to ensure the ongoing competitiveness of businesses in our province. To remain competitive, the Government of Ontario must continue to update and modernize business regulations which promote business success and growth, develop the skills of our workforce, and incentivize innovation.” — Richard Koroscil, Interim President and CEO, Ontario Chamber of Commerce
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 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. • 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. Since 2016, five sector consultations have been completed and the government is acting on 171 recommendations to reduce burdens for businesses. For more information please connect with the Ministry of Economic Development and Growth ontario.ca/economy
Please say you saw it in The Commercial Investor
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
SECTION COVERING: Niagara Falls Niagara-on-the-Lake St. Catharines Thorold
Welland Fort Erie Beamsville Fonthill Port Colborne
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contact Doreen Wills Tel: 1-800-268-0077 or 905-570-9283
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NIAGARA
NIAGARA
businessbarometer
Confidence steadies in October
A
fter four months of decline, small business optimism improved slightly in October, according to the latest Business Barometer survey, released by the Canadian Federation of Independent Business (CFIB).
The monthly index – based on a national survey which asks business owners how they expect their business to perform moving forward – inched up 0.3 points to 57.2 (out of 100). “Concerns about wage costs, taxes and regulations continue to be top of mind when business owners are asked about their costs and constraints of doing business,” said Ted Mallett, CFIB chief economist.“The end result remains a pretty sour picture across the country, with most provincial indexes clustered around the 55 mark.” As far as optimism by industry sector, there are a few bright spots: sentiment improved in the agriculture,
resources and retail sectors. For the remainder though – with the exception of professional services – optimism declined. “Other businesses indicators are continuing to lag: in particular, full-time hiring plans have tilted negative and only half of business owners are expecting to make capital investment plans in the next few months – low by historical standards,” added Mallett. October 2017 findings are based on 727 responses, collected from a stratified random sample of CFIB members, to a controlled-access web survey. Data reflect responses received through October 16. Findings are statistically accurate to +/3.6 per cent, 19 times in 20. On a scale between 0 and 100, an index above 50 means owners expecting their business’ performance to be stronger in the next year outnumber those expecting weaker performance. One normally sees an index level of between 65 and 70 when the economy is growing at its potential. CFIB is Canada’s largest association of small and mediumsized businesses, with 109,000 members across every sector and region. Visit cfib.ca.
Please say you saw it in The Commercial Investor
Volume 17 Issue 12
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 246 VINE ST., ST CATHARINES
3719_DJW_0007
300 FOURTH AVENUE, ST. CATHARINES
+/- 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
42 MAPLEWOOD DRIVE, ST. CATHARINES
5700 STANLEY AVE., NIAGARA FALLS
6360 LUNDY’S LANE, NIAGARA FALLS
1244 CHIPPAWA CREEK ROAD, THOROLD
340A LAKESHORE ROAD, ST. CATHARINES
3719_DJW_0009
4717_DJW_0023
Operating as a Motel 6, this property features 132 rooms on 6 floors, over 60,000 sq. ft. The hotel is comprised of 15 Jacuzzi suites, 67 doubles and 50 singles. Many great in room hotel amenities are offered. The property features an indoor pool, guest laundry, wireless internet and is AAA/CAA approved. The property is located in a high traffic tourist location along the east side of Stanley Avenue, the thoroughfare of the City. OFFERED AT $10.5 Million Contact Greg Chew, Sales Representative greg.chew@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, Sales Representative ralph.roselli@colliers.com
BROKERAGE APPRAISALS MANAGEMENT
WAREHOUSE/HEAVY INDUSTRIAL/MANUFACTURING W/SEAWAY ACCESS Situated in the northeastern sector of St. Catharines at Lakeshore Rd. (Welland Canal)Lock 1. Property contains 3 separate shop bays +/-31,311 sq. ft. high bay with two 10T cranes, 46’ ceiling hgt. & 1 large roll up door; Low bay shop containing +/- 24,307 sq ft 8T magna crane, 2 drive in doors with 28.5’ ceiling hgt. 3rd high bay shop containing +/- 40,230 sq. ft. 2 80T cranes. 2 drive in doors, 68’ ceiling hgt. & new heavy loading concrete floors. Driveway access from Seaway Haulage Rd. OFFERED AT $5,950,000.00 Ralph Roselli, Sales Representative ralph.roselli@colliers.com
Rare opportunity available on Lundy’s Lane. This 3,600 sq. ft. building has 40 ft. of frontage on Lundy’s Lane. Prime space next to McDonald’s. Very high traffic counts - 20,100 vehicles per day . Many permitted uses including fast food. OFFERED AT $20.00 psf n/n/n Contact Taylor Wilson, Broker of Record taylor.wilson@colliers.com
PT LT 3 & 4 BERTIE ST., FORT ERIE
4317_DJW_0024
3117_DJW_0009
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 $1,395,000 Contact Michael Halliday, Sales Representative mike.halliday@colliers.com
4717_DJW_0022
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
3719_DJW_0018
Unique opportunity to purchase an established winery operation on the rich Beamsville Bench. The current home of the trusted Mike Weir brand, this property is in the beating heart of Niagara’s globallycelebrated wine country. OFFERED AT $10,900,000.00 Contact Owen Hughes, Sales Representative owen.hughes@colliers.com
Land opportunity zoned Urban Entertainment Centre. Great Q.E.W. exposure with over 2,900 ft. frontage. Direct access to site from both directions off the Q.E.W. New $28 million dollar city water and sewer completed to service the site and further developments. Adjacent to the Historic Fort Erie Race Track. OFFERED AT $5,965,000 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_4717
Niagara Peninsula
3719_DJW_0008
4717_DJW_0021
4041 LOCUST LANE, BEAMSVILLE
44
Volume 17 Issue 12
Commercial Real Estate & Business Opportunities
Jan Watson
Sales Representative
905-356-9600
3117_DJW_0036
3117_DJW_0035
TWO BUILDINGS IN ONE NIAGARA FALLS $1,150,000 • Excellent two properties for sale including business • Lot size 75x130 • Long, well established retail/convenience store w/ ample parking • High wkly sale plus lotto comm./$3500 monthly + ATM income
• Potential take out lunch/sandwich, soup, chili etc(still licensed) • Beautiful residence: totally finished living space 3339 sqft w/4+1, 3.5 bath, gas F.P, loaded hardwood flooring, high ceiling, walkout deck, easy access to QEW
More info. Call today JAN at 905-321-1751!
11319179_4717
insiderinsight
BC’s top 10 cities for real estate investment
T Niagara Peninsula
he Real Estate Investment Network (REIN) is an independent research and analysis firm that has been producing reports on housing markets across Canada for 25 years and has earned its reputation as a dependable source in providing unbiased research and analysis. Studying 36 economic and market factors, REIN identifies B.C. real estate markets that are poised to outperform over the coming five year period. The detailed report provides additional analysis that concludes where each market is in
the real estate cycle and what to expect as the cycle continues. Ranked in order of potential for housing market strength over the coming five year period: 1 Surrey 2 Abbotsford 3 New Westminster 4 Victoria 5 Kamloops 6 Kelowna 7 Chilliwack 8 The Tri-Cities of Coquitlam, Port Coquitlam and Port Moody 9 Burnaby 10 Vancouver Please say you saw it in The Commercial Investor
Receiving honorable mentions, in no particular order, are: Fort St. John, Dawson Creek, The Township of Langley, Mission and Maple Ridge. “British Columbia’s is entering a new era of real estate opportunities and challenges. While most think the Lower Mainland’s housing market is priced ‘out of this world’ – limited supply and increasing demand continue to drive this market. Affordability is creating challenging hurdles for many buyers to overcome. This report identifies where relative affordability exists and regions which will continue to see upward growth despite current high values,” says REIN’s Senior Analyst Don R. Campbell. For more information and to view the entire report visit reincanada.com.
Volume 17 Issue 12
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_4717
905-641-1110 • 905-562-3000 • Toll Free 1-866-575-9400 Great 21+ acre property with lots of character. Not even ten minutes from the QEW. Picturesque rolling land with approximately 4 acres of bush, 16 Mile Creek runs through the back of the property and 20 Mile Creek is just next door. Balance of land presently planted to cash crop.
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. Planted to nursery stock. super investment and future potential. $699,800
D L O S $399,800
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
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
cell: 289-241-6954
tripodi@sympatico.ca
Broker
Garden City Realty Inc Brokerage Independently Owned & Operated
*INDUSTRIAL*COMMERCIAL*INVESTMENT*
8181576_4717
905-641-1110
Tony Tripodi
8171423_4717
Merry Christmas & A Happy New Year! Niagara Realty Ltd., Brokerage Each office independently owned and operated
905-871-5555
Jim Carver Sales Representative
905-651-5268
Cell: Email: jimcarv@cogeco.net
90,000 SQ.FT. GREENHOUSE IN ST. CATHARINES 4.6 acres of land, All glass houses with ridge venting, 3 phase hydro, Argus controlled heating, ventilation and watering. 150 H.P. Cleaver Brook main boiler, plus a 100H.P back up boiler. Automatic backup generator, Gutter fed cisterns. 4,200 sq. ft packing warehouse including 2 coolers. Spacious 2,000 sq. ft., 5 bedroom home on site. Quick and easy access to QEW. Call Jim Carver today.
10,600 SQ.FT. INDUSTRIAL BUILDING IN FORT ERIE 14 SECORD DR., ST CATHARINES 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.
Building features almost 9,000 sq. ft. of manufacturing area, 3 phase hydro, clear ceiling height from 8ft – 9 to 11 ft.. loads of office space, 3 washrooms, lunch room, just over 1 acre of property, ample onsite parking. Call Jim Carver today
3917_DJW_0018
Call Tony Tripodi @ 905-323-7064 or email: tripodi@sympatico.ca
Please say you saw it in The Commercial Investor
4317_DJW_0004
Niagara Peninsula
4317_DJW_0004
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 12
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 Private LendingFunds in your Real Estate Today! We as the general public have been spoiled by the low bank rates being offered to date. Many Have you ever experienced lending your fundsrates into mortgages secured on consider real estate? you have not, investors become so enticed by low interest that they do not even theIfoption of using you are missing greatthey investment vehicle can provide withfrom very alittle effort! or private funding awhen are declined by that the bank, and assignificant result, theyreturns turn away purchase refinance that could have generated great profit for them.
Just ayou short ago itprivate was possible purchase residential property, single family up torole 4 units, When aretime placing money,tothe locationa and property type plays such a critical in with only 5-10% down. Today minimum down payment 20%very of your purchase your investment security. Weyou allwould know need that ainvestment properties canof be good solid price. You must to show that you have the funds to support this purchase you cannot investments, as be theable revenue from your tenant base actually pays down your debtand andif pays your verifyexpenses. your income asare declared tax returns, then there a very that you fixed If you lendingontoyour this type of real estate, you is have the high sameprobability sense of security. will be Pro declined. How manyhas individuals fallen into thislending category of being Indeed, Funds Mortgages specializedhave in such investment for because many years. Our experience has shown very default ratios. are Thethe borrowing clients are typically higherinvestments net worth self-employed? Majority oflow these individuals ones that are seeking alternative individuals with goodfor credit. to cover the mortgage is generally lesspensions of a concern. estate longFailure term stability because of a payments lack of post retirement and such as real government support. So. Why aren’t more people doing this? I want to inform all of you investors that we cannot let the banks criteria stop our real estate Certainly, many do not about it. where Many others haverules not heard or are just endeavours! Wepeople have access to know private money these strict do notabout apply.itThe approval skeptical based on other uniformed perspectives. Pease note. I am NOT saying that there are NO process for private funding is based on common sense approach. A common sense approach risks. However, youacan do objectively a lot in yourand decision process to help mitigate that risk. Ifwould you arebe entails analyzing deal all-encompassing. A feasibility analysis working with a credible brokerage, certain willrelevant be identified when youwould are conducted along with an mortgage appraisal of the property, and risk`s any other documentation presented withon thea mortgage opportunity. You should be provided a property (i.e. be requested deal specific basis. Although the interest rates with are higher, withevaluation private funding appraisal, comparables, andflexibility letter of opinions fromtimes local(mortgages realtors). The of funds, loan toof there is significantly more with closing canuse close withinthe a matter value ofincome this proposed mortgage and overview of the person that will personally guarantee confirmation, loan tocredit values, and conditions on a mortgage offer. A higher interest days!), the is also key information in determining if the loanproduce is suitedgreat for you. ratemortgage is far worth the ability to purchase real estate that could future value and profit that otherwise may not even be a possibility. 9649286_4717
Copyright©©2016 2016Pro ProFunds FundsMortgages Mortgages | | 3410 3410South SouthService ServiceRoad RoadSuite SuiteG5G5Burlington, Burlington,Ontario OntarioL7N L7N 3T2 Copyright 3T2
Business Investor
Get involved now as you can use those underperforming RRSPs and dead equity in your current Firstestate of all,and whymake are more andreturns. more people getting declined by thefunds bank? Today the banks have real superior We have been placing private into mortgages for over difficult to consensus work with. is and because have imposed extremely strict abecome decade very and the overall hasThis been still isthey extremely positive. Once you have fortyapprovals and if you not meet exact credentials, declined and erequirements erienced this e of in estment, in do articular thetheir in estment returns andyou the are work and effort your buying been diminished. I am sure many have itexperienced involved, youpower will nothas turn back. With today’s real estate prices, is so hard tosuch findfrustrations a building oron banking protocol, specifically business owners and contract workers who the new and improved real estate investment that provides satisfying cash returns. Many investors are redirecting their may have verifying income. theestate mortgage for almost 2 decades now, I funds fromdifficulty other investment vehiclesBeing into in real and industry or real estate related investment have witnessed vast changes in the approval process for both residential and commercial lending. products.
48
Commercial Real Estate & Business Opportunities
Volume 17 Issue 12
Your Real Estate & Mortgage Investment Specialists 1.888.330.3866
info@profunds.ca
www.profunds.ca
A key factor to keep in mind when working with a mortgage broker involves the associated fees that are being charged. Fees can vary widely. The current interest rates for private first mortgages are anywhere between 7% to 11%. Typical private lender fees and broker fees for these private first mortgages are each in the 2% range. Second mortgages are yielding interest rates in the 12% to 16% range with typically a similar fee structure. If the loan amount is less than $50,000.00, you could look at private lender/ broker fees each in the range of 4% to 5%. The above fees reflect a "typical" general range which I have observed in the market. Please note that fees may be higher, especially when transactions become more complex or require an extraordinary amount of upfront work to set-up. Your mortgage investment, be it RRSPS or personal cash will receive monthly payments and upon closing your lender fee. The borrower is responsible for your legal fees. The associated costs to you the lender are virtually nil. The only costs may be an administration fee if your funds are in a plan for RRSP`S and potentially your own due diligence costs. If you are looking for a safe environment, yet want to obtain more than the 1% or 2% return that the banks are offering, consider mortgage lending. If you would like to understand more about this investment direction and discuss it in more detail, I welcome you to contact Pro Funds Mortgages. Our extensive private lending experience and know how can help you achieve financial success. 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
11289457_4717
President Pro Funds Mortgages
Copyright © 2016 Pro Funds Mortgages | 3410 South Service Road Suite G5 Burlington, Ontario L7N 3T2
H
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Mazhar Roshan Sales Representative
HomeLife Professionals Realty Inc.
Direct GTA Direct Office
mazharroshan@sympatico.ca
BROKERAGE
I have qualified buyers for up to $5M in commercial and investment buyers. Call for details.
VACANT LAND $3,500,000
INVESTMENT PROPERTY - RENT FROM $2100 P/M
RETAIL STONEY CREEK MOUNTAIN
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.
75’ x 150’ lot. Close to Hwy 403 and in the village of Ancaster. 3 Bedroom, 2 Bath House was rented for $2200/per month. Call for details.
1917_DJW_4_0006
2317_DJW_0047
Located in highly growing neighbourhood on Stoney Creek Mountain next to new Walmart & Financial Institutes, in a plaza with 3310 sq ft retail space available (can be divided). Other tenants include drive thru Tim Hortons, Esso Gas Station, Avondale, Gino Pizza & many more.TMI is estimated 10.00 PSF, immediate possession avail. 1917_DJW_1_0024
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
RE
DU
CE
D
DOLLAR STORE - $79,900
8148414_4717
905.929.9800 647.609.9463 905.574.6400
FOR LEASE $ 8,200.00 PER MONTH
FOR LEASE – HAMILTON - $ 3,000.00 PER MONTH
NEED TO SELL YOUR BUSINESS OR COMMERCIAL PROPERTY? THIS SPACE IS FOR YOU! 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
CALL FOR DETAILS
2717_DJW_6000
FOR LEASE - $20.00 PER SQUARE FOOT
d e as
Le
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
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
BURLINGTON FOR LEASE $20.00 PER SQUARE FOOT
D 0 SOL 50,00 1,2 $ R
FO
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
d e as
Le
3932 sq. ft. of retail space, used to be a bar. Walk-in cooler, freezer & kitchen set-up with hood. Available immediately for lease. TMI is $8 PSF. For viewing & equipment list call Mazhar. 1917_DJW_1_0005
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inthenews
Curating the commercial podium: Utilizing a holistic, community-focused approach for new mixed-use developments
R
etail spaces at the base of condo buildings are all too often an afterthought in many new condo developments, resulting in large, generic storefronts that are filled with big banks or chain stores. But a new mixed-use development called The Plant, located in Toronto’s Queen West neighbourhood is taking a more finegrained community-centred approach.
The Plant will be a 10-storey boutique condo development with streetfront retail, second floor office space and eight residential condo floors. The project is unique in the city as it incorporates urban agriculture into the design of the building. Shared amenities include an internal greenhouse, open-concept industrial style kitchen for food-related events, and a community outdoor garden.
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Suites themselves are wide and shallow to maximize sun exposure, and each unit includes a terrace or balcony with ample space for plants. “Residents are encouraged to grow their own food and embrace a sustainable food culture as a way of building community within the building,”says Alex Speigel, partner at Windmill Development Group.“The area has a long history of food production so we wanted to incorporate that history into our project in an organic, sustainable way. We didn’t want to simply make another typical residential condo building.” The Plant is a joint development between Windmill Development Group and Curated Properties. Windmill has a solid track record of building mixed-use buildings and communities that are highly seasonably across Canada. Curated has a long established history of developing residential projects in the Queen West neighbourhood. Curated’s neighbourhood intel combined with Windmill’s focus on sustainability is a great blend of skill sets to ensure The Plant’s theme aligned with neighbourhood interests, as well as the history of the site at 41 Dovercourt Road. The future site of The Plant formally housed Dufflet
Bakery, one of Toronto’s pioneering food production brands, and more recently was the headquarters for Real Food for Real Kids, a catering company that provides healthy meals for 15,000 kids daily in the GTA. “The Plant is a community that fits with the foodie culture that has come to define the Queen West neighbourhood. We orientated this entire project around our connection to food. It’s our guiding principle and the result is a building that offers a better quality of life to the people who will live and work here,”says Adam Ochshorn, partner at Curated Properties. The project is being designed with 11,500 square feet of street front retail and 9,000 square feet of second floor office space. Developers are focusing on strategies to take the sustainable, healthy urban living theme into the commercial podium by reaching out to like-minded businesses and retailers to occupy the first and second floors.
is a stronger approach to enhancing community, an approach that makes sense to urban commercial centres. Reflecting the needs and ethos of residents in the commercial units they share a home with not only enhances the lifestyle of the neighbourhood, it essentially guarantees a built-in client base for businesses. “Our strategy is really about emphasizing the idea of a community-focused approach as a better way of city building,”says Speigel.“We hope that by aligning the values of both the residential and commercial components The Plant, we can create a truly holistic vertical community, and set a new standard for mixed-use developments in Toronto.” For more information visit theplantqueenwest.com or e-mail info@theplantqueenwest.com.
“We want to curate the tenants of the retail and office podium so that in turn they can support and enhance the overall theme of the rest of the building and truly to serve the lifestyle of the community we are building for,”says Speigel. “We are looking for a mix of independent and local brands like a cheese shop, bakery, juice or salad bar, bike store, plant store, or yoga studio. Businesses that epitomize how you can live in a healthy way in an urban environment.” Curating the retail and business element in a condominium
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inthenews
Toronto’s future transit links hold promise of substantial real estate investment Avison Young releases Topical Report “Transit Nodes of Tomorrow: Development Opportunities in the Greater Toronto Area”
T
he Greater Toronto Area (GTA) is projected to be Ontario’s fastest-growing region over the next 25 years with its population increasing by 42.3 per cent to reach 9.6 million by 2041.
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growth areas in the GTA will emerge at a number of transitoriented development hubs where there is a confluence of residential and commercial demand, creating significant opportunities for development and investment. These are some of the key trends noted in Avison Young’s Topical Report: “Transit Nodes of Tomorrow: Development Opportunities in the Greater Toronto Area,” released recently. “Our topical report profiles four commercial growth areas that demonstrate the importance of transit connections to future development: East Harbour, Vaughan Metropolitan Centre, the Pearson Transit Centre and the Hurontario Light-Rail Transit corridor,” comments Bill Argeropoulos, principal and practice leader, Research (Canada) for Avison Young.“With so much planned development on the drawing board and funding in place, this is a time of opportunity for forward-looking commercial property owners and occupiers.” The report concludes that rapid population growth and demand for commercial space will challenge government and private developers’ ability to deliver necessary infrastructure. However, strategic investment from both investor groups will provide significant opportunities for commercial property owners and occupiers to capitalize on the GTA’s growth. “The GTA has experienced extraordinary commercial and residential growth in recent years, and that trend looks set to continue and intensify in the coming decades,” says Argeropoulos.“The recent news that Toronto is vying for selection as the location of Amazon’s proposed $5-billion second headquarters in North America, and Google sister company Sidewalk Labs’ plan to build a high-tech neighbourhood called Sidewalk Toronto on the city’s waterfront, only serve to emphasize the importance of making investments in the city’s future to further increase its appeal to major global corporations.”
Supporting these projections, the provincial Ministry of Infrastructure made the largest infrastructure investment in Ontario’s history: more than $160 billion over 12 years, starting in 2014. Of these funds, 51 per cent will go toward improving roads and transit. Developers are also making significant investments in all types of residential and commercial real estate in locations connected with the expansion of public infrastructure that will be required to accommodate future population growth. Key commercial
Argeropoulos concludes: “The initiatives profiled in this report will all add to the Toronto region’s increasing profile on the world stage. We are hopeful that the commitments made by private stakeholders and all levels of government will ensure the success of these plans, helping to futureproof the GTA and setting an example for achieving its long-term growth and prosperity.” avisonyoung.com Avison Young was a winner of Canada’s Best Managed Companies program in 2011 and requalified in 2017 to maintain its status as a Best Managed Gold Standard company.
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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 ®
11319745_4717
GROUP
Sutton Group Tower Realty Ltd., Brokerage
VACANT LAND LOCATED IN MELANCHTHON TOWNSHIPS • Amazing location - high traffic area • Highway 10 and country road 21 • Zoned a commercial C2 • Listed on MLS X3911417 for $424,990 taking offers anytime • Some uses: drive through restaurant, gas station, auto garage, car wash...... • Fronting Highway 10 - 154.42 Sq feet. • Situated in an upcoming neighbourhood. Contact: JACQUELINE WATSON Sales Representative Sutton Group Tower Realty Ltd., Brokerage Phone: 416-702-5444 | Email: jwatsonhome@gmail.com
www.jacquelinewatson.ca
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
Paul J. Szostak
Broker / F.R.I. / P.S.A. / S.R.S. / C.-C.R.E.C. / A.S.A. / A.B.R. / S.R.E.S.R.C.C. (Past Chair) / R.A.H.B. (Director 2011-12)
stakteam@gmail.com
LAND DEVELOPMENT / INVESTMENT / BUY & HOLD FUTURE 415 #6 HWY S HAGERSVILLE
905-333-3500 1917_DJW_4_0001
“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. Vendor will consider V.T.B. mortgage. $688,888
LAND AND BUILDING
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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. BUILDERS DELIGHT
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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. UNIT 317 - 1100 SOUTH SERVICE RD., STONEY CREEK
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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. HALDIMAND COUNTY
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$388,888 $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. 1019 WILSON ST ANCASTER
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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. LIGHTHOUSE DRIVE, DUNNVILLE CONDITIONED SALE TILL FEB 2018 STILL ACCEPTING BACK UP OFFERS
$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. 18G COM
$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.
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Commercial Team In Canada! *
The PB Team Realty
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+ **
COMMERCIAL
www.PBcommercialteam.com ** Sales Representative + Broker
ATTENTION INVESTORS! 21%+ ANNUAL RETURNS!
• Single Family, Towns • Projected Returns & Condo Developments Exceed 21% per Year • Partner with Top-Tier • RRSP, TFSA++ Eligible, GTA Developers As low as $25,000 • Get Developer • Applies to Qualified Returns! Investors Only! GEORGE POLITIS
KENNY BRIENZA
416-554-7653 YORK MILLS/DON MILLS SUBWAY FRANCHISE
0916_DJW_3_0071
EAST GARAFRAXA 239 ACRES
0916_DJW_3_0071 MISSISSAUGA
WHOLESALE/RETAIL DISTRIBUTOR
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PRIME COMMERCIAL/ RETAIL SPACE
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Famous subway franchise located in high demand YORK MILLS/DON MILLS area, busy plaza with high traffic! Business office and residential area! Well established business for 23 years, with current owner for 15 years! Opportunity to be your own boss! Perfect for a family owned business! Gross sales $6,500/week per seller! Low rent $3,492.83 + HST total per month! 3517_DJW_0028 Catering potential! $138,800
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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
Prime commercial/retail space available just steps from the Main subway! Great business opportunity! Busy Main/Danforth intersection with heavy foot traffic. 560 sq. ft. with ground level Main Street exposure! Excellent lease terms! $880/mo plus TMI. Call George 416-554-7653.
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416-833-8840
www.PBcommercialteam.com | Gpolitis@ThePBTeam.com 905-887-9000 • 416-735-2324 5071 Highway 7 East, Unit 5, Markham ON L3R 1N3
*Based on Re/Max International Commercial Commissions in 2014 1St Q.
19G COM
Pro Funds Mortgages Invest with integrity and a successful track record, where your interest is our first priority. Mortgage investments from 7 to 16% annual return.
1.888.330.3866
www.profunds.ca
Pro Funds Mortgages #12051 • 3410 South Service Rd. Suite G5, Burlington, Ontario L7N 3T2