Issuu

Feb 18 - Mar 18, 2017, Volume 17 Issue 02

INCORPORATING FRANCHISE AND BUSINESS OPPORTUNITIES Full Coverage Area Including Windsor, Hamilton, Toronto, Niagara Falls, Kingston and Ottawa! CHESLEY - RESIDENTIAL SUBDIVISION - $840,000

RE DU CE D

D CE DU E R

30 ACRES

INVESTMENT/OWNER-USER PROPERTY WATERLOO, ONTARIO

LESTER TOBIN Sales Representative Coldwell Banker Commercial Peter Benninger Realty, Brokerage Email: Lester-Tobin@coldwellbankerpbr.com Phone: 519-743-5211 ext 3023

153 UNION ST E, WATERLOO • $5,495,000 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 a few blocks from two future LRT stops. Ideal for main floor commercial and up to 12 storey residential at density up to 242 bedrooms per acre. 11,500 sq.ft. vacant professional office building currently on site. MLS. Call DUNCAN MCLEAN Sales Representative CMA Realty Ltd., Brokerage Email: duncan@cmarealty.ca Phone: 519-590-7997

FREE SUBSCRIPTION!

ASKING ONLY $840,000 For Marketing Brochure Call: Winston Davies, Broker of Record WinCorp Realty Inc., Real Estate Brokerage Suite 411 – 60 Wyndham Street South, Guelph, Ontario N1E 7H7 Tel: 519-836-2080 Email: wjmdavies@rogers.com

360 ACRES. EAST OF LAKE SIMCOE. 4,000 FT. OF SHORELINE ON CANAL LAKE.

Unique property which offers development opportunity for many potential uses. $2,490,000. For further information:

MIKE K. NANAVATI Broker of Record Wind Star Realty Limited, Email: mnanavati@sympatico.ca Tel: 416-730-8484 Fax: 416-590-1666

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

FC_0717 (COM)

4,982 SQ.FT. • $1,562,500 • MLS# 30541875 Three retail units & one 2 bedroom apartment with loft. Corner property on new LRT line. Parking on-site and ample parking nearby.

OWNER ANXIOUS TO SELL. Featuring 60 registered unserviced building lots, plus approx. 30 acres of flat land, zoned residential. The property is situated in the picturesque town of Chesley (just north of Hanover). Chesley boasts its own modern hospital, numerous churches, social clubs, supermarket, an active Main Street with a new large Grey-Bruce School Board Head Office.

SPACE FOR LEASE

RETAIL UNIT FOR LEASE IN STONEY CREEK

Office and Retail space available to lease on Kenilworth N, across from Centre Mall Canadian Tire store and Gas Bar. Solid 2 storey building newly refreshed with a new facade, to give it a modern and vibrant look to attract your customers. 1000 sqft. Office available on the 2nd floor for $1095 per mth. and one 1000 sqft. retail unit available on the main level, with excellent street exposure. Call Nic and Nick for more details. 0717_DJW_0028

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

FOR LEASE

$16 PER SQ FT PLUS $4 TMI/CAM

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. 0717_DJW_1_0866

BUILDING FOR SALE - 168 RAGLAN ST. S. RENFREW

• Solid 2 storey building retrofitted with long term tenant • Tenant covers all expenses • 6000 sq. ft. • Selling at 10% cap rate • Hassle free investment • Asking $389,700 0717_DJW_2_0011

ATTENTION LAND OWNERS WE NEED DEVELOPMENT LAND PLEASE CALL US

ATTENTION LAND OWNERS

WE NEED DEVELOPMENT LAND PLEASE CALL US

OFFICE UNIT FOR LEASE IN STONEY CREEK

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

0717_DJW_2_0010

• • • • •

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 0717_DJW_2_0008

FUTURE DEVELOPMENT LAND

• Almost 50 acres of future development land • Located South of Hamilton bordering Urban area • Asking Price is $26,250,000 • Listed exclusively 0717_DJW_1_0026

0717_DJW_3_0011

BRAND NEW COMMERCIAL CONDOS - GRIMSBY T FAS LEFT G N S LLI IT SE 2 UN Y L ON

Branthaven Homes presents the Lake House commercial condos. Brand new Commercial/Retail/Office condos by Branthaven! Approx. 975 sq. ft. to 1100 sq. ft. units, with two up to 1600 sq. ft. in size. Located in Grimsby just off of Casablanca Blvd and QEW interchange, on the Branthaven Lakehouse development. Direct exposure to the main road, with plenty of parking. Strategically situated surrounded by high and medium density residential. Occupancy as early as fall 2017! 0717_DJW_1_0025

BRAND NEW COMMERCIAL CONDOS T LEF ITS N 2U LY ON

Branthaven Homes presents Jazz Condos. 1110 sqft. and up commercial condos in a brand new mixed use development on busy Plains Rd. E. in Burlington. Many uses allowed including Retail and Office. Plenty of parking, easy access, and just minutes to the 403/ QEW. Occupancy available fall 2016. Call Nick and Nic for further details. 0717_DJW_2_0023

BUILDING FOR SALE IN HAMILTON

DEVELOPMENT LAND

$1,050,000

ER T D UN RAC NT O C

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

0717_DJW_1_0899

• 97 acres of potential future development land for sale. • Located South of Hamilton along Hwy 6 corridor just South of Hamilton - Haldimond County boarder • Asking price is $5 million

0717_DJW_2_0009

0717_DJW_2_0041

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

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

COM

Broker nkazan@royallepage.ca Office 905.574.3038

Broker nvbredow@royallepage.ca Office 905.574.3038

Not intended to solicit Properties or Buyers Currently Under Contract

11308425_0717

AVAILABLE

INVESTMENT OPPORTUNITIES

SOUTHWESTERN ONTARIO INVESTMENT TEAM

11284449_0717

BATEMAN TRA

K ROAD WHITEOA

COMMERCIAL DEVELOPMENT LAND London, Ontario + + + +

MULTI-UNIT INDUSTRIAL BUILDING Stratford, Ontario

Two corner parcels available 1.37 Acres & 1.63 Acres, services at the lot line Zoned Restricted Service Commercial Asking $225,000 per acre

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

+ + + +

±89.79 Acres agricultural zoned land ±7.89 Acres light industrial zoned land Can be purchased together or individually Combined Asking Price: $2,390,000

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

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

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

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

LAND OPPORTUNITY Wilmot Township, Ontario

OFFICE INVESTMENT PROPERTY Windsor, Ontario

+ 45.18 Acres (±31 Usable acres) + Zoning: Zone 10 (H) + Asking $1,829,000

+ + + +

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

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

ATTRACTIVE OFFICE BUILDING Cambridge, Ontario + + + +

+ + + +

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

DEVELOPMENT LAND OPPORTUNITY Delaware, Ontario + + + +

Newly renovated in 2015 103,741 sq. ft. on 5.66 Acres New 60 Mil TPO roof Asking $4,500,000

LOW DENSITY RESIDENTIAL DEVELOPMENT Tillsonburg, Ontario

OFFICE INVESTMENT Chatham, Ontario + + + +

±3.6 Acres | 36,927 sq. ft. | 100% Occupied Treat as clear of financing Long term, net lease Asking $3,600,000

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

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

33,800 sq. ft., fully leased office building On-site & underground parking Tenant mix: government & medical office users Asking $2,000,000

OFFICE USER/INVESTOR OPPORTUNITY Kitchener, Ontario + + + +

High profile office building 15,892 sq. ft. on 0.6 Acres 6,125 sq. ft. available for owner occupier Asking $2,250,000

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

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

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

www.cbre.ca * Sales Representative ** Broker

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

COM

ATTENTION INVESTORS

SOUTHWESTERN ONTARIO COMMERCIAL OPPORTUNITIES SOUTHWESTERN ONTARIO SOUTHWESTERN ONTARIO CC O M M EERRCCIIAALL OOPPPPOOR R TN U INTIITEISE S TU 2679 Howard Avenue Windsor, ON

ATTENTION INVESTORS ATTENTION INVESTORS

Ð 93,000 sf - freestanding industrial / 2679 Howard Avenue 2679 Howard Avenue warehouse and office facility Windsor, ONON Windsor, Ð Partially tenanted Ð Ð93,000 -sffreestanding industrial / 7.05 sf Acres 93,000 - freestanding industrial / warehouse and office facility Ð warehouse 16’-30’ foot and clearoffice height facility Ð Partially tenanted Various grade loading doors Ð Partially tenanted Ð 7.05 Acres Ample on-site parking Ð 7.05 Acres Ð 16’-30’ foot clear height 3 Phase 600v power with several 16’-30’ foot clear height Ð ÐVarious grade loading doors connection points with doors various Various grade loading Ð ÐAmple on-site parking amperage’s throughout Ð Ample on-site parking Ð 3 Phase 600v power with several Ðconnection 10Phase cranes ranging 5-25 ton 3 600v power with several points with from various Ðamperage’s Indoor / Outdoor connection pointsstorage with various throughout $175,000 NOI w/excess Ð Ð10amperage’s cranes ranging from 5-25 vacancy ton throughout Ð ÐIndoor / Outdoor storage 10 cranes ranging from 5-25 ton Ð Ð$175,000 w/excess vacancy Indoor /NOI Outdoor storage SALE PRICE $2,950,000 Ð $175,000 NOI w/excess vacancy

NEWPRICE PRICE $2,750,000 SALE $2,950,000 SALE PRICE $2,950,000 NEW $2,750,000 AndrewPRICE Johnson, Sales Representative 519.438.8639

andrew.johnson@cushwakeswo.com NEW PRICE $2,750,000

Andrew Johnson, Sales Representative 519.438.8639 andrew.johnson@cushwakeswo.com

David Jongerden, Andrew Johnson, Sales SalesRepresentative Representative 519.438.9125 519.438.8639 david.jongerden@cushwakeswo.com David Jongerden, Sales Representative andrew.johnson@cushwakeswo.com

INDUSTRIAL LAND

VACANT LAND

INDUSTRIAL LAND

VACANT LAND

INDUSTRIAL LAND

Veterans Memorial Pkwy & River Rd

London, ON

London, ON Ð Approximately 9.5 9.5 Acres Ð Approximately Acres Memorial Pkwy & River Rd ÐVeterans Excellent exposure to Veterans Ð Excellent exposure to Veterans London, ON Memorial Parkway Memorial Parkway Ð Approximately Convenient highway access to 401 9.5 Acres Ð Convenient highway access to 401 Ð Excellent Zoned H*LI2 exposure to Veterans Ð Zoned H*LI2 Ð Daily traffic count of approximately Ð Daily traffic count of approximately Memorial Parkway 26,000 vehicle day to 401 vehicle per per day Ð 26,000 Convenient highway access Ð Zoned H*LI2 SALE PRICE $995,000 SALE PRICE $995,000 Ð Daily traffic count of approximately Brent Rudell, Broker of Record Brent Rudell, Broker of Record 26,000 vehicle per day 519.438.5608 519.438.5608 brent.rudell@cushwakeswo.com

brent.rudell@cushwakeswo.com

Andrew Johnson, Sales Representative SALE PRICE $995,000 Andrew Johnson, Sales Representative 519.438.8639

519.438.8639 andrew.johnson@cushwakeswo.com Brent Rudell, Broker of Record andrew.johnson@cushwakeswo.com 519.438.5608 brent.rudell@cushwakeswo.com

VACANT LAND

1424 Southdale Road West 1424 Southdale Road West London, ON London, ON

Ð Ð Potential for Future Development Potential for Future Development 1424 Southdale Road Ð Ð Approximately 16.58 AcresWest Approximately 16.58 Acres Ð Ð Located theUrban Urban London, ON Locatedin in Byron Byron outside outside the Growth GrowthBoundary Boundary Ð Potential for Future Development Ð Ð Great 400 Serieshighways highways Greataccess access to to16.58 400 Series Ð Approximately Acres Ð Ð Abutting of Komoka, Komoka, Abuttingsmall small towns of Ð Located in Byron outside the Urban Kilworthand and Delaware Delaware Kilworth Growth Boundary ZonedAG1 AG1 Ð Ð Zoned Ð Great access to 400 Series highways SALE PRICE $689,900 ÐSALE Abutting small towns of Komoka, PRICE $689,900 Kilworth and Delaware Brent Rudell, Broker of Record Brent Rudell, Broker of Record 519.438.5608 Ð519.438.5608 Zoned AG1 brent.rudell@cushwakeswo.com

brent.rudell@cushwakeswo.com

Jameson Lake, Sales Representative SALE PRICE $689,900 Jameson Lake, Sales Representative 519.438.8548

519.438.8548 jameson.lake@cushwakeswo.com Brent Rudell, Broker of Record jameson.lake@cushwakeswo.com 519.438.5608 brent.rudell@cushwakeswo.com

. 43388. .5555 88 88 5 51 199. 4 Andrew Johnson, Sales Representative 519.438.8639 andrew.johnson@cushwakeswo.com

Jameson Lake, Sales Representative 519.438.8548 jameson.lake@cushwakeswo.com

www.cushwakeswo.com

www.cushwakeswo.com Real Estate Brokerage, Independently Owned and Operated

519.438.5588

Member of the Cushman & Wakefield Alliance Real AEstate 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

519.438.9125 david.jongerden@cushwakeswo.com

PRESTIGIOUS BLDG

David Jongerden, Sales Representative 519.438.9125 david.jongerden@cushwakeswo.com

PRESTIGIOUS BLDG

602 Queens Avenue

602 Queens Avenue London, ON London, ON Ð Premier office space in fringe Ð Premier office space in fringe 602 Queens Avenue downtwon core downtwon core ON ÐLondon, On-site, parking included in rent Ð On-site, freefree parking included in rent Over 38,000 square Ð Premier office space in fringe Ð Over 38,000 square feet feet Ð downtwon Well wired and finished space Ð Well wired andcore finished space Ð Preference for single userincluded but space Preference for single user but in space Ð On-site, free parking rent may be be demised may demised Ð Over 38,000 square feet Ð Well wired and finished space LEASE RATE $14.95 psfpsf NetNet LEASE RATE $14.95 Ð Preference for single user but space David Jongerden, Sales Representative David Jongerden, Sales Representative may be demised 519.438.9125 519.438.9125 david.jongerden@cushwakeswo.com

david.jongerden@cushwakeswo.com

LEASE RATE $14.95 psf Net 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

Southwestern Ontario 620-A Richmond Street

CUSHMAN620-A &2ndWAKEFIELD Richmond Street Floor, Box 19

Box N6A S o u t h London, w e s t Ontario e r2nd n Floor, O n t5J9 a r i19 o

London, Ontario N6A 5J9 620-A Richmond Street 2nd Floor, Box 19 11266917_0717 London, Ontario N6A 5J9

Crystal Beach

G LO REA CA T TIO N

E SID S UP ENT R ON

• Current Usage:

• Asking $2,060,000 • Asking $51,500 per Suite • Located in Popular Tourism Town in Niagara

12 x Lofts, 6 x Bachelors, 17 x 1 Bdrm, 2 x 2 Bdrm, 1 x 3 Bdrm, 1 Retail Unit, and 1 Mgmt Office • Brand New HWG Boilers

South Region • Zoned for Residential/ Commercial Uses • Potential for Tenants

(2016) • Minutes to Beach, Shopping, Restaurants, and Fort Erie

to Pay Own Hydro on

• Projected 7.2% CAP Rate

Turnover

• Treat Financing as Clear

Cambridge SY E EA NAG MA O T

• Asking $1,599,000

Hamilton

• Asking $5,740,000 • Asking $140,000 per Suite • Solid Opportunity in this Tidy Property with Good Tenants • Shows True Pride of Long Term Ownership! • Windows/Balcony Doors Replaced approx. 12 Years Ago • Parking, Roof, and Common Areas are Well Kept

VE R LO Y W CA ELL TE D!

• 8 x Bachelor

• 1 x One bedroom

• Asking $133,250 per Suite • 11 x Two bedrooms • Well maintained Building • Good rental neighbourhood with all

• Upside potential on

turnover amenities nearby • Easy access to Cambridge • 20.3% ROI with 15% down transit for tennants • Solid concrete block

• Treat financing as clear • Seller may consider a VTB

construction •Features large

mortgage to a qualified

apartments

buyer

! TE LA R CU ATE A W IMM THE ON

Windsor

CO CON D N AP VER O PR SIO OV ED N

• 2 x One Bedrooms

• Asking $140,625 per Suite

14 x Two Bedrooms

16 x Two Bedrooms

• Boutique, Turn-Key

• Owner Managed &

• Hydro Paid by most Tenants • Treat Financing as Clear, Purchaser to Arrange • Inquire with Skyview to Receive Property Info Package

41 Suites

Property with Excellent Tenant Profile Adjacent to Park

• 5.8% CAP Rate • Some Units with Double

• Tenants Pay Their Own Hydro

Balconies • Treat Financing as Clear,

• Upside on Rents Possible on Turnover

Beautifully Maintained • Wow! Shows a ‘10’!

• Views of Detroit Skyline &

or Attractive Low-Rate Mtg Avail to be Assumed

16 Suites

LA SU RGE ITE S

• 3 x One Bedrooms

• Asking $ 72,222 per Suite

6 x Two Bedrooms

• Schoolhouse Converted to • Tenants Pay for Own Heat and Hydro Apartments in the 1980’s • Approx. 1 hour South of • Owner Managed & Well Hamilton Maintained • Backs onto City Park • Quaint Small Town Feel • 6.1% CAP and a Short Drive to Port • 15.5 % R.O.I. • Treat Financing as Clear

9 Suites

• Asking $2,250,000

Central Hamilton

• Asking $ 650,000

Dover in Norfolk County

17 x One Bedrooms • Great Location in

Vittoria

% 6.1 RATE P CA

12 Suites

40 Unit Apt/Comm Complex

T EN LL CE IDE X S E UP

T AS REA CL T EA R

E SID S UP ENT R N O

London

• Asking $5,650,000 • Asking $117,708 per Suite • Located in South London close to all Amenities • Building Shows Well with nice landscaping • Tenants Pay Own Hydro • Apartments renovated with high end finishes

S FIN TYLI ISH SH ING S

• 12 x One Bedrooms 28 x Two Bedrooms 8 x Two Bedrooms + Den • Long Term Superintendent • Laundry Rooms on Each floor • Mature Tenant Profile • Existing 1st Mortgage of approx. $3,169,000 @ 3.65% due October 2019 to be assumed by Buyer

48 Suites 8172756_0717

COM

980 FRASER DRIVE, BURLINGTON

1100 SOUTH SERVICE RD., STONEY CREEK

$1,400.00/P MTH

$995.00/P MTH

New 1050 sq. ft., Unit 215 on Mature Site, QEW visibility QEW Walkers line, all finishes have been completely retrofitted with board room, separate office, reception, kitchen, 4 parking spots inclusive. Call to view space. 0717_DJW_0046

G Shawn Maher

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 Broker 11314784_0717

Office: 905-777-0252 ext 309 Cell: 905-966-4510 gsmahersolutions@gmail.com

shawnmaherrealestate.com

247 CENTENNIAL PARKWAY N., HAMILTON

QEW & CENTENNIAL PARKWAY 45 GODERICH

OFFICE SPACE

COMMERCIAL/RETAIL/ OFFICE SPACE

OFFICE RETAIL SPACE

Close to The Court House, City Hall and McMaster, Available Immediately Downtown office space from 155 sq. ft. to 1548 sq. ft. From $12.00 per sq. ft. gross.

For Lease - 4150 sq. ft. - from $7.50 per sq. ft. Close to QEW, Red Hill Parkway & major bus routes.

Available Immediately. 918 - 2457 sq. ft. Plenty of parking and signage. Easy access to QEW. Rent from $11.00 per sq. ft.

8 MAIN ST. E., HAMILTON

1715_DJW_2_0029

1715_DJW_1_0028

1715_DJW_1_7007

905-777-0252 ext 304 E-mail:

info@desantis.com

www.desantis.com 6G

COM

8148088_0717

Tony DeSantis

$5,495,000

• 2 acre high profile redevelopment site • Proposed C-2 zoning allows for high density residential/ mixed use neighbourhood commercial

• 1.8 acres development land Downtown Kitchener • Zoned CR-2 allows for commercial space and condominium/apartment units

$1,030,000

• 1.3 acre redevelopment site • Includes vacant land at 1401 Weber St. E. • Zoned C-6 (Commercial) • Great location close to

• 1.03 acres of land of King Street E • C-6 zoning with 403 ft fronting on King St • Duplex and vacant land with excellent exposure • Convenient access to

Highways 7, 8, 85 and 401 • Close to Fairview Mall, transit and all amenities • MLS • Call Ryan Briggs

INNERKIP DEVELOPMENT SITE & LOTS

$950,000

• 5 minutes to 401 interchanges & less than 5 km to Woodstock Toyota • Call Ryan

• On public transit route and close to new LRT • Ample onsite parking • Tenants pay maintenance and overheads • MLS • Call Neil Koebel

KITCHENER, ONTARIO

519.578.0337

CELL:

kitchen, mezzanine storage and washroom • Condo fee is $335 per month plus HST • MLS • Call Duncan McLean

FROM $26.00/SF

• Pre-leasing • Up to 46,000 sf Commercial • $26.00/sf for office space, $32.00/sf for retail space to $40.00/sf for pad site • Located at high traffic intersection of Ira Needles & University Ave W, across from the Boardwalk

$9.49/SF

• Property is subject to final zoning approval • MLS • Call Duncan McLean

#3 - 38 MCBRINE PL, KITCHENER

$7.00/SF

0717_DJW_2_0054

#2 - 28 WEBER ST W, KITCHENER 0717_DJW_0041

$29.00/SF

0717_DJW_3_0013

• Freestanding 3500 sf restaurant currently occupied by Tim Horton's • CR-2 Zoning allows for restaurants, office, heatlh clinic, financial, etc. • Excellent Downtown Kitchener location

• Rare Waterloo 1,937 sf industrial condo for sale • Excellent location close to Hwy 85, 7 & 8 • Includes spray booth, compressor, showroom with gas fireplace, office,

IRA NEEDLES BLVD, KITCHENER

warehouse, office, service & repair uses • Floorplan has reception area, work area, office and washroom • MLS • Call Duncan McLean

197 FREDERICK ST, KITCHENER

$289,900

0717_DJW_1_0027

• 2 acre parcel of R-3 land • Site plan approved & registered for 27 freehold townhouses • Five 52' x 120' single family lots for $99,000 each

0717_DJW_4_0013

• Sought after 1,000 square foot industrial condo in North Waterloo. • Convenient access to Highway 85 • 1-2 Zoning allows for many manufacturing,

• Land & Building only • Call Ryan Briggs

#8 - 160 FROBISHER DR, WATERLOO

$159,900

0717_DJW_3_0012

#10 - 90 RANKIN ST, WATERLOO

$995,000

159 ERB ST W, WATERLOO

• 4,200 sq. ft. auto garage • 84 ft frontage on 0.22 acre • 3 bays plus ample parking • MR-6 Zoning close to Uptown Waterloo

Hwy 8 with excellent exposure • Total potential annual income of $64,800 • Exclusive Listing • Call Neil Koebel

0717_DJW_2_0031

$975,000

0717_DJW_2_0012

3248 KING ST E, KITCHENER

2786 KING ST. E., KITCHENER

• 11,500 sq ft vacant professional office building currently on site • MLS • Call Duncan McLean

0717_DJW_2_0029

0717_DJW_0042

• Approved for up to 11 storeys & 120-200 condo units • Currently operated as parking lot & fully leased 9,500 sqft office building • Close to Google, Canada Revenue Agency, Manulife and Waterloo Region Courthouse • Exclusive Listing • Call Neil Koebel

0717_DJW_3_0024

$4,890,000

WEBER ST E., KITCHENER

• Minutes to Hwy 85, on public transit route and a few blocks from two future LRT stops • Ideal for main floor commercial and up to 12 storeys residential at density up to 242 bedrooms per acre

• Prime downtown location with great exposure • 1537 sf professional office space • 2nd floor unit includes 3 large offices, a large board room and a reception/

seating area • 3 on-site parking spots & approx. 850 sf basement storage included • CAM $8.50/sf • MLS • Call Ryan Briggs

• 1,500 sq. ft. available immediately • Fully air-conditioned office • Natural light through large windows

• Approx. 5 on-site parking spaces • CAM $4.67/sf • MLS • Call Ryan Briggs

NEIL KOEBEL

RYAN BRIGGS

DUNCAN MCLEAN

Broker of Record

Sales Representative

519-741-6594

Neil@cmarealty.ca

CELL:

519.498.5775

Ryan@cmarealty.ca

CELL:

11280798_0717

0717_DJW_0045

153 UNION ST E, WATERLOO

519.590.7997

Duncan@cmarealty.ca 7G

COM

AVAILABLE

INVESTMENT OPPORTUNITIES

SOUTHWESTERN ONTARIO INVESTMENT TEAM

MULTI-TENANT INDUSTRIAL BUILDING London, Ontario + + + +

Total building area: 49,406 sq. ft. Site area: 2.04 Acres Industrial: 32,315 sq. ft. | Office: 15,122 sq. ft. Asking $2,900,000 ($59.00 sq. ft.)

Jack Cox** 519 286 2007 jack.cox@cbre.com

+ + + +

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

+ Approximately 37.3 Acres + Zoned Settlement Reserve + Asking $2,200,000

+ High traffic location, lots of parking + High ceilings and wide column spacing + Perfect for Automotive Use, Home Improvement Stores, and Commercial Recreation

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

Tim Schnurr* 519 286 2018 tim.schnurr@cbre.com

27,644 SQ. FT. RETAIL PLAZA London, Ontario

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

+ 2.38 Acre site at signalized intersection + Over $2 million potential upside + Asking $6,250,000

+ + + +

Jack Cox** 519 286 2007 jack.cox@cbre.com

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

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

TOWNHOUSE DEVELOPMENT LAND Brantford, Ontario

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

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

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

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

INVESTMENT OPPORTUNITY Kitchener, Ontario

+ ±28 Townhouse site + Ravine cul-de-sac setting + Asking $1,200,000 ($48,857/Unit)

25,000 SQ. FT. FACILITY FOR LEASE London, Ontario

MULTI-TENANT INDUSTRIAL London, Ontario

Jack Cox** 519 286 2007 jack.cox@cbre.com

COM

RESIDENTIAL DEVELOPMENT LAND Talbotville, Ontario

11314136_0717

MULTI-TENANT INDUSTRIAL BUILDING Kitchener, Ontario 17,025 sq. ft. on 1.45 Acres Along LRT route, above average on-site parking 2 Frontages Asking $895,000

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

RETAIL DEVELOPMENT LAND Simcoe, Ontario

+ 11.5% Cap Rate at market rents + 46,395 sq. ft. ($104.00 per sq. ft.) + Finished, fully furnished office space

+ 10.5 Acres + Zoning: Shopping Centre Commercial (CSC) + Asking $3,300,000 ($314,525 per acre)

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

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

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

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

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

www.cbre.ca * Sales Representative ** Broker

For Sale Waterloo Totally renovated Gas furnace, A/C Call for details

$269,900

COM

11314820_0717

10G

COM

Volume 17 Issue 02

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14 MARKET MINDED — Canada’s hottest housing market is… 22 IN THE NEWS — Don’t underestimate Southwestern Ontario 28 MARKET MINDED — Foreign ownership of Canadian real estate low: CMHC 32 IN THE NEWS — “No Vacancy” sign hangs over downtown Toronto office market 36 TREB REPORT — GTA realtors report commercial market figures 38 INVESTOR INSIGHT — Canadian buyers get back in the South Florida game By Harvey Hernandez 41 IN THE NEWS — CFIB to provinces and territories: One rule in, one rule out 44 IN THE NEWS — Strategic investments creating foundation for prosperity 46 MARKET MINDED — Morguard - 2017 real estate investment trends to watch in Canada 52 BUSINESS SAVVY — Protect your business from fraud: Three simple steps

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Volume 17 Issue 02

Commercial Real Estate & Business Opportunities

www.teammilovick.com

519-745-7000

Grand Valley Realty

BROKERAGE INDEPENDENTLY OWNED AND OPERATED

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

Jennifer Shingler

11298911_0717

Mike Milovick

fax: 519-489-1333

Sales Representative jenn@teammilovick.com

www.TeamMilovick.com

Invest in Ontario’s Number 1 Town Today! Subscribe: Latest KWC Real Estate News: www.FaceBook.com/TeamMilovick 8 COLUMBIA STREET WATERLOO

310 KING STREET NORTH, WATERLOO

• $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®

1,799,000

0717_DJW_1_0666

840 KING STREET N, WOOLWICH

875,000

• $72,000+ Gross Income • Licensed Triplex • 13 Rental bedrooms • Two Units Purpose Built

• MR-25 Zoning • Mostly re-rented for September • MLS® 0717_DJW_1_0094

392 ERB STREET WEST WATERLOO

42 INVERNESS STREET, STRATFORD

D L O S 749,900

• 2 acres just outside City of Waterloo boundary. • Home and several. • Zoning allows a variety of automotive, auction, farmer's

market, furniture, building supply, hotel! • Estate sale. Building being sold "as is, where is." • MLS

10 12 BRIDGEPORT ROAD E, WATERLOO

D L O S

379,900

0717_DJW_2_0059

309,900

• $66,000 Gross Income • 15 bedroom 4 Plex • Multi Residential Lot • Ideal for Turn Key Income & future redevelopment • MLS®

20 12 BRIDGEPORT ROAD E, WATERLOO

• $35,600+ Potential Gross Income Available Here • 6 bedroom suite in all-student complex! • Rental licensed, Class Z6 license City approved • One year lease in place until end of April, 2017 at $2970 per month • MLS

399,900

699,900

0717_DJW_0012

D L O S

0717_DJW_1_0069

• Furnished, legal, rental duplex • $3765 gross monthly income available here! • Spacious three and four bedroom units • Detached double car garage may provide additional income opportunities. 0717_DJW_3_0020 • MLS®

24 NOECKER STREET, WATERLOO

349,900

• Own in the popular and historic student loft building Bridgeport Lofts • Students love the proximity to Uptown and all its amenities • Front corner unit facing Regina and right off the main courtyard • MLS

0717_DJW_3_0060

• Over $30,900 projected gross annual income available here! • Building features exceptional annual positive cash flow (over $4200+ with just 20% down) from all five bedrooms. • No condo fees! Leases in place until at least end of April, 2017! • Great character for the discerning investor • Contemporary updates include: newer roof (2013) and vinyl windows. Updated electrical panel (breakers). • All rooms great size, no basement bedrooms. • Easy walk to both Universities (steps to WLU) and Uptown Waterloo • City-Approved rental licensed property with a rare Class D2 license 0717_DJW_1_0010 • MLS®

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371 VICTORIA STREET N, KITCHENER

249,900

• Ideal opportunity that can work for first time home buyers, renovator or entry level investor. • 15 minute walk to Regional Transit Hub (LRT, busses, Go, Via) • 15 min walk to UW Pharmacy and McMaster Med shcool • No condo fees • Get your foothold in the KW real estate market today! • MLS

0717_DJW_0013

Commercial Real Estate & Business Opportunities

Volume 17 Issue 02

11236833_0717

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Volume 17 Issue 02

Commercial Real Estate & Business Opportunities

APARTMENT BUILDING WANTED BY PRIVATE INVESTOR

15 TO 40 UNIT BUILDINGS WITHIN 100 KM WEST OF TORONTO

Call Tony at Realhold Properties 416-816-9482 or 647-606-7889 Tonysim1941@gmail.com

11314677_0717

NO BROKER COMMISSION TO PAY

Investments For Sale T 226.366.9090 • Stacked Townhouse Investment • $3,400,000 • Constructed in 2012

KITCHEN ER

• Newer Building Fully Tenanted

• Prime mixed-use investment

11232624_0717

• 18,357 sf retail / office building • 9,058 sf ground floor retail

C AMBRID GE

avisonyoung.com

• High quality, long-term investment

T 226.366.9090

Avison Young Commercial Real Estate (Southwestern Ontario), Brokerage 231 Shearson Crescent, Suite 210, Cambridge, ON N1T 1J5 ©2017 Avison Young (Canada) Inc. All rights reserved. The information contained herein was obtained from sources deemed reliable and is believed to be true; it has not been verified and as such, cannot be warranted nor form any part of any future contract.

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Commercial Real Estate & Business Opportunities

Volume 17 Issue 02

COLDWELL BANKER COMMERCIAL PETER BENNINGER REALTY, BROKERAGE COLDWELL BANKER COMMERCIAL 508 RIVERBEND DRIVE, KITCHENER, ON. PETER BENNINGER REALTY, BROKERAGE Phone: 519‐743‐5211

508 RIVERBEND DRIVE, KITCHENER, ON. Phone: 519‐743‐5211 e: commercial@coldwellbankerpbr.com www.coldwellbankerpbr.com/commercial OFFICE FOR SALE/LEASE RETAIL FOR SALE/LEASE INVESTMENT FOR SALE COLDWELL BANKER COMMERCIAL e: commercial@coldwellbankerpbr.com www.coldwellbankerpbr.com/commercial

PETER BENNINGER REALTY, BROKERAGE · EKitchener / 1,488 SF · $26.00/SF · Kitchener· MLS: 1,114 909 SF · $800/Mth · MLS:30537263 · Kitchener M U L TSFI ·‐ $12.00/SF I N D I S T ·R MLS:30524639 IAL / RESID NTIAL 3,687 SF · R E T$775,000 A I L / O F·F IMLS: C E 30533235 1,419 New retail plaza on corner of Looking 1‐2 $975,000 MLS:30524415 · general prac��oners to take over a Low Cost Office Space. Gary Boudreau* 10,700 SF · Kitchener St Jacobs·Owner/User/Investment Opportunity. 30502663/30502665· 508 RIVERBEND DRIVE, KITCHENER, ON. F O R Loca�on. S A L E / L ECommercial ASE office of a re�red doctor. Includes 4 fully Hallman and Seabrook Dr. High exposure ‐ medical Selling @ 8% return. Small, easy to lease units. High Prole or Fischer Phone: 519‐743‐5211 1,413 SF · $12.00/SF · MLS: 30516996 · exam rooms, built in recep�on area, Roof renewed. Absentee landlord re�ring a�er Residen�al Uses. James Boudreau** high traffic. Ample on site drive‐up parking. equipped use. wai�ng room & washrooms. Located in busy retail Lester Tobin* 1,740 SF · $32.00/SF · MLS: 30554732 · Waterloo Kitchener · Great location for Medical 45 years of ownership. John Hoffman* Boudreau* plaza with a Shoppers Drug Mart. e: commercial@coldwellbankerpbr.com www.coldwellbankerpbr.com/commercial Lester Tobin* 2,025 SF · $16.00/SF MLS: 30518433 Former restaurant/bar located · in University District. Gary 1,843 ‐ 5,947 SF · $20.00/SF · Kitchener C O M M E R C I A L / R E D I S E N T I A L P R O P E R T Y Kitchener· Main floor Commercial/Professional On‐site parking. Corner Unit. Lester Tobin* F F· I C$12.00/SF E F O R Net S A L· plaza E MLS:30524639 / L EonAHuron S E Rd.· 532 RETAIL FOR SALE/LEASE I N V E S T M E N T F O R SA MLS:30505595/5597·New retail 1,114 OSF SF· $1,050/mth ·MLS:30526564 · LWaterloo 1,572 SF · $399,000 · MLS: 30516132 · EWater‐ Office Space on high profile corner. high traffic and exposure, on‐site Newly one to ample 3,100 SF · $10.00/SF · MLS: 30543869 · Waterloo with Kitchener · Looking two general renovated,use nished office on 2nd oor infloor well loo Potential commercial on main John Hoffman* parking. Lester Tobin* Medical office High exposure & traffic. Ample drive‐up 909 SF · $800/Mth · Kitchener prac��oners to take MLS:30537263 · over a medical office of a known, M U L T Iaward ‐ I Nwinning D I S T Rbuilding I A L / avail. R E S Ifor D Esublease. NTIAL 3,687 SF · space $775,000 · MLS: 30533235 w/ residential on 2nd floor or 100% commercial onsite free parking, large windows, close to public re�ring windows, plenty of natural light. High traffic doctor. The office includes 4 fully Large 10,700 SF · $975,000 MLS:30524415 · Kitchener St Jacobs·Owner/User/Investment Opportunity. 1,419 / 1,488 SF · $26.00/SF Net Low Cost Office Space. Gary Boudreau* SF· $16.95/SF · MLS:30535669 · Kitchener Lester Tobin* transit, Universities & Conestoga College Lester Tobin* 1,750 sees almost 40,000 cars daily. 24/7 equipped exam rooms, built in recep�on area, intersec�on Selling @ 8% return. Small, easy to lease units. High Prole Loca�on. · Commercial or New MLS: 30502663/30502665 Kitchener· New Building, Visibility, on‐site parking. 1,413 SF · High $12.00/SF · Free MLS: 30516996 · electronic R E T A I L reader O R board R E D on E VUniversity E L O P M EAve. N T Ideal S I Tfor E room and washrooms. Located in busy Roof renewed. Absentee landlord re�ring a�er Residen�al Uses. James Boudreau** 2.69corner Ac. ·of $4,100,000 · Waterloo 22,383 SF · on retail plaza Fischer Hallman and wai�ng John Hoffman*/Gary Boudreau* Kitchener · Great location for Medical use. professional officeAc.·MLS: or personal services. Colin Vogel* 1,586 SF/0.12 30536613 · $899,000 retail plaza with a Shoppers Drug Mart. 45 years of ownership. John Hoffman* Purpose built office building, conveniently located at Seabrook Dr. High exposure ‐ high traffic. Ample Gary Boudreau* SF · intersec�on. $16.00/SF Currently · MLS: nished 30518433 Tobin* Kitchener · Unique High Profile Location. Corner a2,025 high prole for Lester on site drive‐up parking. Lester Tobin* SF 1,184 SF · $12.00/SF · MLS:30538511 · Kitchener 7,026 C O Mbeside M ·$12.50/SF E R Cfarmers I A L / R· EMLS:30504305· D I S E N T IGreat A L Kitchener P Rredevelop‐ O P E RNew TY Kitchener· Main Lot market. professional officefloor user,Commercial/Professional but presents an ideal 1,114 SF · $12.00/SF Net · MLS:30524639 · Building, High Visibility, Free · Water‐ on‐site Turn‐key doctors office. 5 exam rooms, recep�on, 839 SF · $12.00/SF · MLS:KW1537515 · 1,572 SF · $399,000 · MLS: 30516132 Office Space on high profile corner. ment site, parking lot, etc. Lester Tobin* 1,750 SF· $16.95/SF · MLS:30535669· Kitchener opportunity for medical conversion or complete Kitchener · Looking one to two general parking.. John Hoffman*/ Gary Boudreau* kitchene�e, 2 washrooms & storage. Centrally loo Kitchener · Finished office, great for medical & Potential use commercial on main floor John Hoffman* New Building, High on‐site prac��oners redevelopment for Visibility, increasedFree density. to take residen�al over a medical office of a w/ residential on 2nd floor or 100% commercial located in high density area. Traffic counts RETAIL/OFFICE INVESTMENT FOR SALE service use. low common fees, on public transit Peter Benninger**/Chris Kolednik** re�ring doctor. The office includes 4 fully PROFESSIONAL OFFICE SPACE FOR LEASE parking. ……… John Hoffman*/Gary Boudreau* 41,000 cars. Strong tenant support, Shoppers 10,704 SF · $2,195,000 · MLS:30508545 1,419 / 1,488 SF · $26.00/SF Net over route, exis�ng tenants include Li�le Short Stop, Lester Tobin* 1,800 SF • $15.00/SF • MLS# 30543093 •Waterloo equipped rooms, built in Swiss recep�on Drug Mart, exam Dollarama, Sco�abank, Chaletarea, and St Jacobs · Excellent for Owner/User. Potential Ac. (+/‐) · Waterloo 12,500 SF‐ · 1.18 MLS: 30502663/30502665 · Kitchener· New 1,843 5,947 SF ·· $1,350,000 $20.00/SF Net · KW Gaming, Curves, Sco�abank & more. Good Exposure on Erb St. Unit features on site RETAIL OR REDEVELOPMENT SITE more. Lester Tobin* wai�ng room and washrooms. Located in busy for value add. James Boudreau** Professional office space w/small industrial Gary Boudreau* retail plaza on corner of Fischer and many parking, 4 private offices and large open work or MLS:30505595/5597 · Kitchener · Hallman New retail 1,586 SF/0.12 Ac.·MLS: 30536613 · $899,000 retail plaza with a Shoppers Drug Mart. component. 4 drive‐in doors. Ideally suited for an Seabrook Dr. High exposure ‐ high traffic. Ample space. Roman Ginzburg* plaza on Huron Rd. with high traffic and 752 ‐ 26,000 SF AVAILABLE · From $18.00/SF · MLS: classroom AAA SF OFFICE SPACE · WATERLOO Kitchener · Unique High Profile Location. Corner Tobin* INVESTMENT / OWNER‐USER PROPERTY engineering rm, laboratory, contractor or similar Lester on site drive‐up parking. Lester Tobin* exposure, ample on‐site drive‐up parking. 30529258/30529248/30529120 · Breslau · New 4,982 SF ·MLS: 30541875 · $1,562,500.00 114,033 SF · $14.50/SF · MLS:30514878 Lot SF beside farmers · market. Great redevelop‐ with a need for storage/service bays. Poten�al for 800 · $21.00/SF MLS:30543919 · Waterloo Lester Tobin* Retail Development in a growing, underserviced area.· Three retail units and one 2 bedroom apart‐ SF · $12.00/SF · MLS:KW1537515 Beautifully finished, ample parking, natural light conversion to industrial condominium units. 839 ment site, parking lot, etc. Lester Tobin* Rare main floor opportunity. High traffic intersection 1,750 SF· $16.95/SF · MLS:30535669· Kitchener Variety of Uses permi�ed. Pad site with drive‐thru is Kitchener · Finished office, great for medical & ment w/loft. Corner property on from new LRT throughout. James Boudreau** of Benninger**/Chris Kolednik** New Building, High Visibility, Free on‐site University & Bridge. Seconds Hwy line. 85. 1,100 SF · Peter $5.50/SF · MLS:30518529 · available. James Boudreau**/ Gary Boudreau* Parking R E T A I L /on‐site O F F I C Eand I N Vample E S T M Eparking N T F O Rnearby. SALE service use. low common fees, on public transit Colin Vogel* parking. ……… John Hoffman*/Gary Boudreau* Kitchener High Traffic ‐ High exposure location. 30,359 SF • 1,363 SF Mezzanine • $3,450,000 • 2.71 route, exis�ng tenants include Li�le Short Stop, 10,704 SF · $2,195,000 · MLS:30508545 532 SF · $1,050/mth ·MLS:30526564 · Waterloo SF · $20.00/SF · MLS: 30523827 · Lester Tobin* On‐site • Waterloo parking • Professionally available for Ac.(+/‐) nishedTenant. office 1,114 St Jacobs · Excellent for Owner/User. Potential 1,413 SF · $12.00/SF · MLS: KW Gaming, Curves, Sco�abank & Newly renovated, nished office on exposure 2nd more. oor 30516996 · Kitchener 1,843 ‐ 5,947 SF · $20.00/SF Net · Kitchener · Last unit available w/high in Lester Tobin* space. Unique design with sky‐lighted hallway & Gary for value add. James Boudreau** Great location for Medical use. Gary Boudreau* Boudreau* in well known, award winning building avail. MLS:30505595/5597 · Kitchener · New retail located retail plaza. Drive up unit on high INDUSTRIAL/WAREHOUSE many skylights throughout. Features an execu�ve centrally for sublease. Large windows, plenty area. of natural plaza SF on Huron SF Rd. with $18.00/SF high traffic and traffic 752 ‐ 26,000 · From · MLS: rd. in high density residen�al Traffic 839 SF · $12.00/SF · MLS:KW1537515· INVESTMENT / OWNER‐USER PROPERTY boardroom w/adjoining kitchene�e for catering, AAA OFFICE SPACE AVAILABLE · WATERLOO F O R L E A S E / S A L E Kitchener light. over High 40,184 traffic cars. intersec�on sees support. almost exposure, on‐site drive‐up parking. 30529258/30529248/30529120 · Breslau Strong Finished office, great 30541875 for medical & use. low 4,982 SF ·MLS: · service $1,562,500.00 114,033 SF · $14.50/SF · tenant MLS:30514878 many smallerample boardrooms/kitchene�es, change· counts 40,000 cars daily. 24/7 electronic reader board Lester Tobin* Drug Mart, Dollarama, Sco�abank, Swiss common New Retail Development a growing, fees, route, exis�ng Three retail units onand transit one 2 bedroom apart‐ room & shower facili�es. in Colin Vogel* Shoppers Beautifully finished, ample parking, natural light on University Avenue. Ideal for professional 30,400 SF · 3.09 Acres · $3,400,000 | $10.00/SF and many Lester Tobin* tenants underserviced area. Variety of Uses permi�ed. includeCorner Short property Stop, KWon Gaming, Curves, Benninger**/Chris Kolednik**· Chalet ment w/loft. new LRT line. throughout. more. James Boudreau** 1,100 SF · Peter $5.50/SF · MLS:30518529 MLS: 30525493/30525439 · Cambridge · New Pad site with drive‐thru is available. office or personal services. Colin Vogel* Sco�abank & more. and ample parking Gary Boudreau* Parking on‐site nearby. Kitchener High Traffic ‐ High exposure location. OFFICE SPACE AVAILABLE · WATERLOO finish to food grade, insulated panels, some 1,957 SF · $22.00/SF · MLS: 30551894 · Waterloo AAA James Boudreau**/ Gary Boudreau* 532 SF · $1,050/mth ·MLS:30526564 · Waterloo Lester Tobin* SF · $8.00/SF·MLS:30535289·Kitchener $14.50/SF · Beautifully finished, ample parking to get available Tenant. 3,566 SF · Great Opportunity in at thefor ground level! 114,033 On‐site Newly renovated, nished office on 2nd oor equipment, I N D U Sspiral T R I Afreezer, L / W A4 R docks E H O URoom S E to parking, natural light throughout. James Boudreau** Lester Tobin* Excellent central location, close to public Many uses allowed· ‐ unit divisible. Call for· in well known, award winning building avail. expand. John Hoffman* 1,114 permitted SF · $20.00/SF MLS: 30523827 Clean well appointed space, I N D UFSOTRR ILAELA/SWE A / SRAE LHEO U S E more information! Chris Kolednik** transit. Kitchener · Last unit available w/high exposure for sublease. Large windows, plenty natural 752 SF ‐ 26,000 SF · From $18.00/SF · MLS: TURN‐KEY RESTAURANT FOR of kitchen. LEASE 4,139 SF · $8.95/SF + Utilities · MLS:30533693 area intersec�on and large in centrally located retail plaza. Drive up unit on w/reception F O R L E A S E /SALE light. High traffic sees almost SF · $3,500/Mth · Kitchener · MLS:30549923 2,025 SF · $16.00/SF · MLS: 30518433 ·Kitchener· 2,040 30529258/30529248/30529120 · Breslau Roman Ginzburg* Kitchener · +1,634 SF storage @ no charge, M‐2 high traffic rd. in high density residen�al area. 40,000 cars daily. 24/7 electronic reader board SF · $7.50/SF · MLS:KW1531928 includes all equipment including kitchen hood 6,287 Main Commercial/Professional Space on Rent New floor Retail Development in Office a growing, Traffic counts over 40,184 cars. Strong tenant on University Avenue. Ideal for professional Zoning, Great Value. Gary Boudreau* walk‐in cooler. Ample parking just steps away. Kitchener Rare to find! 2 drive thru truck bays, one 30,400 SF · 3.09 Acres · $3,400,000 | $10.00/SF high profile corner. Johnpermi�ed. Hoffman* and 7,026 SF ·$12.50/SF · MLS:30504305· Kitchener underserviced area. Variety of Uses support. Shoppers Drug Mart, Dollarama, pit. Tool attached. Abundant yard space MLS: 30525493/30525439 · Cambridge · New 6,996 SF room · $6.50/SF · Kitchener New Building, High Visibility, Lester Free Tobin* on‐site with Pad site with drive‐thru is available. office or personal services. Colin Vogel* Sco�abank, Swiss ·Chalet and many more. 3,436 SF · $26.00/SF MLS: 30554611 · Waterloo avail. atto extra cost.grade, John Hoffman* finish food insulated panels, some MLS:30535232 · Excellent central location, parking.. John Hoffman*/ Gary Boudreau* James Boudreau**/ Gary Boudreau* 1,184 SF · $16.00/SF · MLS:30538507 · Kitchener Lester Tobin* Former bar/night club in University District. On‐site 3,566 SF · $8.00/SF·MLS:30535289·Kitchener equipment, spiral transit. freezer, Clean 4 docks Room to close SF to ·public warehouse Drive up retail unit with signage on Highland Rd. 7,909 $5.25/SF · MLS: 30555069 · Ayr drive‐up High exposure, traffic.· 800 Excellent location, close to public SF · central $21.00/SF · MLS:30501217 · expand. John Hoffman* 1,114 SF parking. · $20.00/SF · MLS: high 30523827 space, ample loading Centrally located on high traffic road in a high Seconds to hwy parking, #401. Good clean docks, industrialloading space. Lester Tobin* transit. Clean well appointed space, Waterloo · Rare main floor opportunity. High ground level door. Well maintained property Kitchener · Last unit available w/high exposure 3,200 SF · $9.75/SF · MLS:30525672 · density residential area. Strong tenant support. 4,139 SF · $8.95/SF James + Boudreau**/Gary Boudreau* Utilities · MLS:30533693 area of and large & kitchen. traffic intersection University in centrally located retail plaza. Drive up unit on Cambridge · Zoning C2, Ample Free Parking, · MLS: 30551673 · Baden w/reception 650 SF · $900.00/Mth Lester Bridge. Tobin* w/good security. Roman Ginzburg* Kitchener · +1,634 SF storage @ no charge, M‐2 Roman Ginzburg* Seconds from Hwy 85. Colin Vogel* high traffic rd. in high density residen�al area. 4,139 SF · $8.95/SF + Utilities · Kitchener Great opportunity to start your own business in Drive‐Thru. Gary Boudreau** Zoning, Great Value. Gary Boudreau* SF · $1,650,000·MLS:30527486 · Breslau MLS:30533693 · +1,634 SF storage @ no charge, M‐2 Traffic Incounts over Strong tenant 10,000 2017! the town of40,184 Baden. cars. Variety of permitted 7,026 SF ·$12.50/SF · MLS:30504305· Kitchener Gary Boudreau* support. Drug Mart, uses. Call forShoppers More Information! ChrisDollarama, Kolednik** Centrally located office building near Hwy 7 Zoning, Great Value. * Sales Representa�ve New Building, High Visibility, Free on‐site 6,996 SF · $6.50/SF · Kitchener Sco�abank, Swiss Chalet and many more. &Fountain. Quick access to K‐W, Cambridge and MLS:30535232 Excellent · central parking.. John Hoffman*/ Gary Boudreau* SF · · $875,000 MLS: location, 30552428 1,900 SF • $19.25/SF • MLS# 30543088 Guelph. ** Broker New plaza abu�ng this property being 16,217 Lester Tobin* · Well locatedClean just warehouse off hwy 7, close Hamburg to public transit. Waterloo • Prime retail/Salon space in a very busy developed into a community plaza. Owner will also New 800 SF · $21.00/SF · MLS:30501217 · well building 2 acres land. neighbourhood plaza. Zoning allows many uses, the consider ample parking, onloading docks, ofloading leasing all, or a por�on of the bldg. space, built Rare main floor opportunity. High Ceilings 3,200 · a$9.75/SF · MLS:30525672 from 13’ ‐ 18’ clear. John Hoffman* unit is setSF up for salon. Roman Ginzburg*· Waterloo · James ground level door. Well maintained property Boudreau**/Gary Boudreau* Cambridge · Zoning C2, Ample Free Parking, traffic intersection of University & Bridge. w/good security. Roman Ginzburg* * Sales Representa�ve Drive‐Thru. Gary Boudreau** Seconds from Hwy 85. Colin Vogel*

** Broker

* Sales Representa�ve ** Broker 8331512_0717

Please say you saw it in The Commercial Investor

Volume 17 Issue 02

Commercial Real Estate & Business Opportunities

COLDWELL BANKER COMMERCIAL PETER BENNINGER REALTY, BROKERAGE COLDWELL BANKER COMMERCIAL

508 RIVERBEND DRIVE, KITCHENER, ON. PETER BENNINGER REALTY, BROKERAGE Phone: 519‐743‐5211

508 RIVERBEND DRIVE, KITCHENER, ON.

www.coldwellbankerpbr.com/commercial Phone: 519‐743‐5211 e: commercial@coldwellbankerpbr.com V E L O P M E N T L A N D F O R S A L E 4,437 SF · $499,000 · MLS:30516625 · 10,000‐20,000 SF · $4.41/SF GROSS · D ECOLDWELL BANKER COMMERCIAL Kitchener · MLS: 30512810 · Ceiling height 3 . 5 8 A c r e s · $995,000 · Conestogo Waterloo · Established since 1996 with many PETER BENNINGER REALTY, BROKERAGE $359,000 · MLS:30546489 30506497/30506504 ·Backs onto forested area. locations Ontario. Family style 13’ clear . Two 8’ WITH x 8’ loading doors, 20,000 LIGHT INDUSTRIAL RETAIL dock EXPOSURE SF, 5.41 Ac · $1,400,000 · St Thomas 4,393 SF · throughout · Kitchener restaurant franchise with liquor and Excellent re‐development opportunity. conveyor, elevator, system, MLS:30511105 15,520 SF · $5.50/SF · Londonalarm · MLS: 30544783 · Residential re‐Development Site. Established available license in high traffic 508 RIVERBEND DRIVE, KITCHENER, ON. James Boudreau** seating for 148 + 25 on patio. Lester Tobin* surveillance sprinklers, washrooms. location with great tenant support. 160 seats. Full Corner propertysystem, with high traffic. Zoning permits Former school surrounded by existing single family Phone: 519‐743‐5211 Lester Tobin*· many uses. Ample on‐site parking. Lester Tobin* homes. Property subject· to re‐zoning for 30 single training Lester Tobin* Approx. 217 Acres EXCLUSIVE · Waterloo 3,500 available. SF · $279,000 · MLS:30539427

e: commercial@coldwellbankerpbr.com

www.coldwellbankerpbr.com/commercial

lots & 1 (4 unit) townhome lot. Lester Tobin* Waterloo · Prime location in Waterloo’s SF · $199,000 · MLS:30524701 · Kitchener 10‐20,000 · Kitchener · MLS: 30511873 30512810 Region Currently Being Farmed. Call for info 2,000 16,217 SF SF · $4.41/SF · $875,000 · MLS: pkg! Peter Benninger**/Colin Vogel* University license for 15 Burger kitchenDistrict. located atLiquor high traffic intersection. 50 Ceiling height 13’ clear . (2) 8’ x 8’ loading dock doors New Hamburg · Well located just off hwy 7, D E V E L O P M E N T L A N D F O R S A L E 4,437 NoSF · Income/High $499,000 · Sales MLS:30516625 · 10,000‐20,000 SF · system, $4.41/SF GROSS · D E V E L O P M E N T L A N D F O R S A L E people. High and low Tobin* rent. Franchise. Lester conveyor, elevator, alarmon surveillance sys‐ 3 . 5 8 A c . · $875,000 · MLS : 30506497/30506504 seats. well built building 2 acres of land. 3 . 5 8 DENSITY A c r e s MIXED · $995,000 · Conestogo Lester Tobin* Waterloo · Established since 1996 with many · MLS: 30512810 · Ceiling Kitchener HIGH USE DEVELOPMENT tem, sprinklers, washrooms. Lester height Tobin* Conestogo Ceilings from 13’ ‐ 18’ clear. John Hoffman* ·Backs onto forested area.Excellent re‐ 3,500 SF · throughout $279,000 · Ontario. MLS:30539427·Waterloo 30506497/30506504 ·Backs onto forested area. Family style 3.25 Acres · $4,250,000 locations 13’ clear . Two 8’ x 8’ loading dock doors, James opportunity. Boudreau** Prime development opportunity. locationBUSINESS in Waterloo’s University District. CAR WASH FOR SALE · EXCLUSIVE 9,360 SF · $6.50/SF · MLS: 30501592 · Kitchener re‐development restaurant with liquor license and INDUSTRIAL WAREHOUSE alarm FOR LEASE/SALE conveyor, elevator, system, Excellent EXCLUSIVE · Kitchener · Frontage on Liquor license for 15service, people. High Income/High Sales 7,699 sf 16 dock shipping area. 1,661 sf office Brantford · Full fully automated car James Boudreau** seating for 148 + 25 on patio. Lester Tobin* 13,735 SF · $4.95/SF · $890,000 · Cambridge surveillance system, sprinklers, washrooms. 2 major streets at the gateway to · downtown 6.60 Ac. (+/‐) Commercial/Retail 2.94 Ac. and low rent. Lester Tobin* w/drivers area, new doors, bright facility space! Kitchener. wash in major traffic area. Lester Tobin* MLS:30530747/30530740·Freestanding Excellent access to Hwy 401 via Lester Tobin* (+/‐)Residential· $1,000,000 Per Acre · Exclusive Approx. 217 Acres · EXCLUSIVE · Waterloo 3,500 SF · $279,000 · MLS:30539427 · Hoffman* Industrial/Warehouse. Centrally John located with Tremendous Hwy 8 Currently Directly on proposed light rail for transit WASH ·BUSINESS FOR SALEin · Waterloo’s EXCLUSIVE Opportunity on major road. Region Being Farmed. arterial Call info CAR RESTAURANT PROPERTY Waterloo Prime WITH location 16,217 SF · $875,000 · MLS: 30511873 access SFoff · 2 streets. SF |Warehouse, route. Peter Benninger**/Colin Vogel* exposure along Ottawa St. Concepts · Full service, fully automated car for wash15 in· 30,400 3.09 Ac. · 10,400 $3,400,000 $10.00/SF Considerable pkg! Peter Benninger**/Colin Vogel* for Brantford 2,700 SF · $575,000 · MLS:30540165 University District. Liquor license New Hamburg · Well located just off hwy 7, 3,335 SF Office. Lester Tobin* town homes or a 134 major traffic area. Lester Tobin* MLS: 30525493/30525439 · Cambridge · New finish res portion incl. 140 stacked Waterloo · Family style restaurant on main people. High Income/High Sales and low rent. well built building on 2 acres of land. L A N D & B U I L D I N G S ‐ INVESTMENT OFFICE retirement MIXED homes or DEVELOPMENT a 134 unit to6,287 food grade, some equipment,· unit HIGH USE floor, 2 bedroom on second floor. Lester Tobin* SF · insulated $7.50/SF panels, · MLS:KW1531928 12,853 DENSITY SF · $2,100,000 · Kitchener 1,549 Ceilings from 13’ ‐ 18’ clear. John Hoffman* SF · $139,000apartment · MLS:30514064 · Waterloo Peter retirement facility. spiral freezer, 4 docks Room to expand. 3.25 · Acres · Benninger** $4,250,000 38 seats, plumbing, wiring and located roof. Kitchener · Rare to find! 2 drive thru truck MLS# 30503036 Multi‐tenant office Take out and new delivery chicken wing franchise John Hoffman* CAR WASH BUSINESS FOR SALE · EXCLUSIVE INDUSTRIAL WAREHOUSE EXCLUSIVE · Kitchener · Frontage on Lester bays, one with pit. Tool FOR room LEASE/SALE attached. HIGH Waterloo’s University District. Full Tobin* training building. Centrally Zoning & in DENSITY MIXED located. USE DEVELOPMENT Brantford · Full service, fully automated car 13,735 SF · yard $4.95/SF · $890,000 · Cambridge 2 major at the gateway to Abundant cost. provided. Lester Tobin* property suitable for many uses. 3.25 Ac ·streets $4,250,000 · EXCLUSIVE · downtown Kitchener I N V E S T Mspace E N T avail. F O R at S Aextra L E facility wash in major traffic area. Lester Tobin* 1,549 SF · $139,000 · MLS:30514064 · MLS:30530747/30530740·Freestanding Kitchener. access 401 via John Hoffman* James Boudreau** Frontage on 2Excellent major streets at to theHwy gateway to Waterloo · Take out and delivery chicken wing Industrial/Warehouse. Centrally located with Hwy 8 Directly on Excellent proposed access light to rail transit 30554091 ·PROPERTY Kitchener SF · $89,000 · MLS: downtown Kitchener. Hwy 401 1,280 RESTAURANT 9,360 SF $6.50/SF franchise located in WITH Waterloo’s University access 30552610 off ·2 streets. Warehouse, MLS: · $ 4 ,10,400 2 5· 0 ,MLS: 0 0SF 0 30501592 · Listowel· via route. 8 Directly · Peter Benninger**/Colin 8.28 Acres $1,558,000 · MLS: established business since the 1970’s. High· Hwy on proposed lightKW1522201 rail Vogel* transit Well 2,700 SF · $575,000 · MLS:30540165 District. Full training provided. Lester Tobin* Kitchener · 7,699 sf 16 Ontario, dock shipping area. Cambridge · Fantastic location to build up to income‐high 3,335 SF Office. Lester Tobin* Located in South Western this European No franchise. Lester route. Peter‐Benninger**/Colin Vogel* Waterloo sales. · Family style restaurant on Tobin* main 1,661 sf office w/drivers area, new doors, L A N D & B U I L D I N G S I N V E S T M E N T O F F I C E owned motel for the last 30+ years offers four 64,207 sq. ft. in 2 buildings. Many uses within floor, 2 bedroom apartment on second floor. 6,287 SF business · $7.50/SF · MLS:KW1531928 12,853 217 SF Acres · $2,100,000 · · Kitchener bright, well windowed. John Hoffman* EXCLUSIVE Waterloo seasons of with consistent income year· Approx. M3 zoning. In a park · setting. John Hoffman* Real and Estate 38 For seats, Commercial new plumbing, wiring roof. Kitchener Rare to find! 2 Chris drive Kolednik** thru truck Region MLS# 30503036 Multi‐tenant Being· Farmed. Call for infooffice pkg! · Currently round. Call for· more details! 6,994 SF Lester Tobin* Solutions in Canada's Technology For Commercial Real Estate bays, one ·$6.00/SF·MLS:30506432 with pit. Tool room ·Kitchener attached. building. Centrally located. Zoning & Benninger**/Colin Vogel* 66.58 Ac. · Peter $2,200,000 · EXCLUSIVE Clean space, good mix of office COMMERCIAL INVESTMENT/RE‐DEVELOPMENT Triangle, contact any one of our sales Abundant yard space avail. at space extra w/light cost. property suitable for many uses. Solutions in Canada's Technology Cambridge · Under consideration to change OP 1,549 SF · $139,000 · MLS:30514064 · manufacturing and assembly space. Easy access Land: .1452 Ac. Buildings: 4,685 SF · Kitchener · MLS: John Hoffman* James representatives, or our sales call Boudreau** Triangle, Take out and delivery chicken wing contact any one of designation to industrial. Peter Benninger** Waterloo · B U S I N E S S F O R S A L E to expressway. Roman Ginzburg* 30534032 · $1,200,000 ·Bundle of 3 properties being 519‐743‐5211. representatives, or call 519‐743‐5211. 9,360 SF · $6.50/SF · MLS: 30501592 · franchise located in Waterloo’s University sold as one in Kitchener’s Downtown Core. Current 8.28 Acres · $1,558,000 · MLS: KW1522201 7.4 Acres · EXCLUSIVE · Waterloo District. Full training provided. Lester Tobin* Kitchener · 7,699 sf shipping area. Cambridge Net Income:$72,391.00 Call16 fordock details! Lester Tobin* SALES REPRESENTATIVES: · Fantastic location to build up to 2,200 SF · $89,000 · MLS:30551440· Waterloo Large scale redevelopment opportunity with L A N w/drivers D F O R Sarea, A L Enew SALES REPRESENTATIVES: 1,661 sf office doors, Established 64,207 sq. since ft. in 2 buildings. Many uses within 1985, located in uptown core steps Rbright, well windowed. ETAIL OR R E D E V E L O P M E N THoffman* S I T E current annual income over $800 k. Close to Peter Benninger** · ext. 3000 John M3 zoning. In a park setting. John Hoffman* away from parking and new LRT station. Liquor For Commercial Real Estate Peter Benninger** · ext. 3000 1,586 SF/.12 c.·MLS: 30547706 · $899,000· Kitchener both Universities. Bill Halpenny* Gary Boudreau * · ext. 3029 Lester Tobin* 20,000 SF,5.41 Acres Corner · $1,400,000· 6,994 High SF ·$6.00/SF·MLS:30506432 ·Kitchener Solutions in Canada's Technology Unique Profile Location. Lot beside license. 66.58 Ac. · $2,200,000 · EXCLUSIVE MLS: space, 30511105 mix St Thomas · site, Residential Gary Boudreau * · ext. 3029 Clean of office space w/light 4,437 SF · $450,000 · MLS: 30516625 · Waterloo farmers market.good Great redevelopment parking James Boudreau ** · ext. 3020 Triangle, contact any one of our sales Re‐Development Site. Former school Cambridge · Under consideration to change OP BU SIN E S Smany F Olocations R S A Lthroughout E manufacturing and assembly space. Easy access lot, etc. Lester Tobin* Established since 1996, representatives, or 3020call Mike Flynn * · ext. 3037 designation to industrial. Peter Benninger** James Boudreau ** · ext. surrounded by existing single family homes. Ontario. to expressway. Roman Ginzburg* Family style restaurant with liquor license 519‐743‐5211. INVESTMENT / OWNER‐USER PROPERTY Property subject to re‐zoning for 30 single lots Roman Ginzburg* · ext. 3103 and seating for 160 + 50 on patio. Tobin* Chris Kolednik ** · ext. 3106 7.4 Acres EXCLUSIVE ·Lester Waterloo 4,982 SF · $1,562,500 · Waterloo · MLS: 30541875 2,000 SF · · $199,000 · MLS:30524701 · & one 4 unit townhome lot. Lester Tobin* SALES REPRESENTATIVES: John Hoffman * · ext. 3040 Large scale redevelopment opportunity with Three retail units & one 2 bedroom apartment L A N D F O R S A L E SKitchener E A F O O D · R EBurger S T A U Rkitchen A N T located F O R at S Ahigh LE Mike Flynn * · ext. 3037 w/loft. Corner property on new LRT line. Parking 2,419 current annual income $800 Close to SFintersection. ·$550,000 ·MLS: 30539874 · Franchise. Kitchener Peter Benninger** · ext. 3000 6.60 Acres (+/‐) Commercial/Retail · 2.94 Acres traffic 50 over seats. No k. Bill Halpenny * · ext. 3120 on‐site and ample parking nearby. Lester both Universities. Bill Halpenny* business. Sellers retiring after 20 Lester Tobin* (+/‐) $1,000,000 Per Tobin* Acre Profitable Roman Ginzburg* · ext. 3103 Gary Boudreau * · ext. 3029 20,000 Residential SF,5.41 · Acres · $1,400,000· R. Blake Hull* · ext. 3032 successful years! All equipment included. Lease is · Tremendous Opportunity on major Exclusive MLS: 30511105 St Thomas · Residential James Boudreau ** · ext. 3020 Boudreau*/· James Boudreau** 1,800 SF · Gary$149,000 MLS:30518173 Eric Reiner* · ext. 2099 John Hoffman * · ext. 3040 arterial road. exposure along renewable. L A NConsiderable D FSite. OR SA LE Re‐Development Former school B · U SNick I N E& S Nat’s S F OUptown R S A L21. E A well Waterloo Ottawa St. Concepts for single res portion 140 RESTAURANT Mike Flynn * · ext. 3037 Lester Tobin* · ext. 3023 surrounded by existing family incl. homes. WITH PROPERTY Bill Halpenny * · ext. 3120 established and highly respected full service stacked town homes or a 134 unit retirement 2,700 SF · $575,000 ·MLS:30540165 · Waterloo Property subject to re‐zoning for 30 single lots 7.4 Acres · EXCLUSIVE · Waterloo fine/casual Roman Ginzburg* · ext. 3103 Colin Vogel* · ext. 3110 dining restaurant located in homes or a 134 unit retirement facility. Eric Reiner* · ext. 2099 2,000 SF $199,000 · style· restaurant on MLS:30524701 main floor, 2· & one 4 unit townhome lot. Lester Tobin* Large scale redevelopment opportunity with Family Tobin* John Hoffman * · ext. 3040 Harmony Voisin* · ext. 3117 Peter Benninger** Waterloo’s uptown. Lester apartment on second floor. 38 seats, new Kitchener · Burger kitchen located at high current annual income over $800 k. Close to both bedroom Lester Tobin* · ext. 3023 wiring and roof. Tobin* 6.60 Acres (+/‐) Commercial/Retail · 2.94 Acres traffic intersection. 50 seats. No Lester Franchise. Universities. Bill Halpenny* plumbing, Bill Halpenny * · ext. 3120 * Sales Representa�ve (+/‐) Residential · $1,000,000 Per Acre Lester Tobin* R. Blake Hull* · ext. 3032 Colin Vogel* · ext. 3110 2,548 SF · $249,000 · MLS:30545077· Kitchener 66.58 Ac.· ·$2,200,000· EXCLUSIVE · Cambridge Tremendous Opportunity on major Exclusive ** Broker Elegant casual restaurant located in Kitchener’s 1,800 SF · $149,000 · MLS:30518173 Eric Reiner* · ext. 2099 Under consideration to change OP designation to arterial road. Considerable exposure along Harmony Voisin* · ext. 3117 Sportsworld Crossing. High traffic, high21. exposure. A well industrial. Benninger** Ottawa St. Concepts for res Peter portion incl. 140 Waterloo · Nick & Nat’s Uptown Lester Tobin* · ext. 3023 Lester Tobin* stacked town homes or a 134 unit retirement established and highly respected full service Colin Vogel* · ext. 3110 homes or a 134 unit retirement facility. fine/casual dining restaurant located in * Sales Representa�ve Harmony Voisin* · ext. 3117 Peter Benninger** Waterloo’s uptown. Lester Tobin*

e: commercial@coldwellbankerpbr.com

www.coldwellbankerpbr.com/commercial

** Broker

* Sales Representa�ve ** Broker 8171433_0717

Please say you saw it in The Commercial Investor

Volume 17 Issue 02

Commercial Real Estate & Business Opportunities

519.742.7000 www.coupalmarkou.com

SALE

KITCHENER, ONTARIO

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

SALE

1677 SYNDERS ROAD EAST, PETERSBURG

MLS

SALE

41-45 KING STREET WEST, KITCHENER

0717_DJW_2_0016

1750 ERB'S ROAD, ST AGATHA

MLS

1015-1051 KING STREET EAST, KITCHENER

• Rare 1.19 acre re-development site • High profile corner at King Street East & Ottawa Street South • 25,250 sq ft • $2,295,000 0717_DJW_1_0058

MLS

0717_DJW_1_0033

SALE

• Investment Opportunity • Well established profitable restaurant & property for sale • 6,500 sq. ft on 1 acre • $1,195,000 0717_DJW_3_0019

1001-1007 KING STREET EAST, KITCHENER

• Rare 0.34 acre re-development site • High profile frontage on King St E & Charles St E • Located close to Downtown Kitchener • $799,000 MLS

0717_DJW_2_0061

SALE

• Investment Opportunity • Historically designated, beautifully restored & appointed building • 12,596 sq ft • $2,050,000

SALE

• Exceptional restaurant/pizza business • Building and business included • 2,100 sq. ft. • $579,900

SALE

• Restaurant in quaint town just minutes from KW • Currenty operating as restaurant and banquet facility • 12,000 sq ft • $1,190,000 0717_DJW_5_0060

48 KING STREET EAST, COLBORNE

SALE

1677 - 1687 SYNDER'S ROAD EAST, PETERSBURG

• Restaurant and living/rental accomodations • Approximately 100 parking spots • 18,500 sq ft on 3.01 acres • $1,595,000 MLS

0717_DJW_2_0015

SALE

ELMIRA, ONTARIO

• Investment Opportunity • Office/Retail strip plaza just 20 minutes from Waterloo • High vehicle traffic exposure • 16,000+ sq ft • 2.46 acres • $3,100,000

MLS

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

EXCLUSIVE

CONNECT

11289418_0717

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

Volume 17 Issue 02

Commercial Real Estate & Business Opportunities

519.742.7000 www.coupalmarkou.com

LEASE

120-122 KING STREET NORTH, WATERLOO

• Prime Uptown Waterloo office space located across from "The Shops of Waterloo Town Square" • Entire second floor with private entrance • 3,600 sq ft • $10.00/sq ft Net 0717_DJW_2_0051

LEASE

94 WELLINGTON ROAD 6, ELORA

MLS

#2 - 373 BRIDGE ST W, KITCHENER

#2-372 KING STREET NORTH, WATERLOO

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

0717_DJW_0033

LEASE

370 EASTBRIDGE BLVD. WATERLOO

MLS

0717_DJW_1_0065

535 BELMONT AVENUE WEST, KITCHENER

• Office Space in quaint medical building in Belmont Village • Main floor space • 1,008 and 1,200 sq ft • $11.00/sq. ft. Net MLS

0717_DJW_2_0022

LEASE

#6 - 347 ERB STREET WEST, WATERLOO

• High profile plaza front Erb Street West • Ample on-site parking • 1,140 sq ft • $19.95/sq ft Net MLS

0717_DJW_3_0017

LEASE

324 HIGHLAND ROAD WEST, KITCHENER

• High traffic corner with great street exposure • Thriving area of Kitchener • Units from 1,641 - 2,425 sq ft • Lease rates from $24.00 - $26.00/sq ft Net

• Clean plaza in the East End of Waterloo • Busy location with great exposure on Bridge Street West & Eastbridge Boulevard • 795 - 2740 sq ft • $20.50/sq ft Net

• Retail unit with excellent visibility fronting Bridge St W • High vehicle and pedestrian traffic • 1,115 sq ft • $20.00/sq ft Net 0717_DJW_2_0021

MLS

0717_DJW_2_0049

LEASE

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

LEASE

• Busy office/retail plaza in Elmira, just minutes from North Waterloo • Zoning allows multiple uses • 1,750 - 3,099 sq. ft. • $9.00 - $20.00/sq. ft.

EXCLUSIVE

0717_DJW_1_0050

25 INDUSTRIAL DRIVE, ELMIRA

LEASE

MLS

0717_DJW_1_0018

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_0717

Please say you saw it in The Commercial Investor

Volume 17 Issue 02

Commercial Real Estate & Business Opportunities

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 02

Commercial Real Estate & Business Opportunities

11314609_0717

Office Investment Sale with Existing Income 376 Richmond Street, London, ON

BARBARA DWYER Sales Representative

JERRY DWYER 11306864_0717

Sales Representative

226-667-6400 Direct 519-438-8000 Office

• Located in downtown London along busy Richmond Street 2

• Existing tenant will lease 2 floors on a 7 year term • Professional office building with modern finishes • Full financial package available upon request 0717_DJW_0014

• ASKING $2,100,000 FOR MORE INFORMATION PLEASE CONTACT:

Glen Larocque* glen.larocque@cbre.com 519 673 6444 * Sales Representative

www.cbre.ca

CBRE Limited, Real Estate Brokerage

0717_DJW_0015

"Long standing Tea Room opened in 1981. Located in high traffic area in Southwest area of London know as Lambeth. This business has a proven track record and loyal client base. Great lunch crowd, but could be opened for breakfast and dinner too. Owner retiring. Dining Room is primarily heated by gas fireplace. Don't miss this opportunity." 11314675_0717

DWYERTEAM@KW.COM

Please say you saw it in The Commercial Investor

marketminded

Canada’s hottest housing market is… By Wayne Karl

anada’s hottest housing market is… Hamilton, Ont. Yes, the HamiltonBurlington district – not Vancouver or Toronto. But let’s come back to that. Prospective homebuyers throughout Canada, if ReMax’s forecast for 2017 is any indication, you’re about to get a break on home prices.

Finally. Even would-be buyers in Vancouver and Toronto – heretofore Canada’s most piping hot housing markets. After achieving strong price growth – hitting record levels in some markets – over the last couple of years, gains are expected to slow in 2017, creaking open a window of opportunity for those looking to buy a home. ReMax expects the average home price in Canada to increase two per cent in 2017, according to the realty firm’s 2017 Housing Market Outlook Report. “Strong demand in Canada’s urban centres is expected to continue throughout next year and into the foreseeable future, as almost half of Canadians plan to buy a home in the next five to 10 years,” says Christopher Alexander, regional director, ReMax Integra Ontario-Atlantic Canada Region. Vancouver and Toronto still garner much of the attention for price growth. High demand and low supply continued to characterize housing markets in these cities throughout 2016, as competition from buyers for limited inventory of singlefamily homes pushed prices higher. The average residential sale price increased 13 per cent in Greater Vancouver to $1.02 million, and 17 per cent in the GTA to $725,857. Although demand remains high in both urban centres, limited inventory in the freehold market, the new-15 per-cent foreign buyer tax in Vancouver and the recent tightening of mortgage rules by the federal government are expected to soften market activity in the short term. In 2017, ReMax estimates average residential sale prices will increase by two and eight per cent in Vancouver and the GTA, respectively. WINDOW OF OPPORTUNITY

This slowing growth provides prospective buyers in these two markets a window of opportunity.

“There will certainly be opportunity for first-time buyers in both markets,” Elton Ash, regional executive vice-president, ReMax of Western Canada, told YPNextHome. “The challenge will be in the higher qualification rates for high-ratio mortgages. Once first-time buyers, in essence, reset their affordability expectations, they will see price advantages in buying in 2017.” Regional markets in proximity to Canada’s highest-price cities continue to experience steady interest from local moveup buyers and buyers from these cities (so-called “moveover” buyers), who are looking to find a balance between affordability and square footage. The top markets for yearover-year price increases in 2016 were Hamilton-Burlington (20 per cent), Fraser Valley, BC (20 per cent), Barrie, Ont. (16 per cent) and Kelowna, BC (14 per cent). As for major centres forecast to show the strongest price growth in 2017, Hamilton-Burlington will lead the country at 11 per cent, followed by Kitchener-Waterloo at eight per cent. “Both areas will benefit from transportation upgrades and strong consumer confidence,” says Ash. “Tech sector growth due to the cheap Canadian dollar is positive for Waterloo, as well.” The ripple effect of the foreign buyer tax in Vancouver can be felt in the upper end of the GTA and Montreal markets, as some foreign investors are expected to look for properties in these regions rather than Vancouver. New, tighter mortgage insurance criteria for new home buyers is expected to temper local first-time buyer activity across the country in the short term, but is not expected to have a long-term impact in most regions. ALBERTA ON THE REBOUND

The housing markets in Calgary and Edmonton remained relatively stable in 2016, with moderate declines in the number of sales and average residential sale price as a result of the prolonged recovery of the oil sector over the past two years. The average residential sale price in Edmonton decreased by two per cent year-over-year, while Calgary’s average residential sale price decreased by four per cent. Buyer activity is expected to pick up slightly in the second half of 2017 if employment opportunities in the oil sector continue to gradually come back to the province. The recent approval of the Trans Mountain pipeline is also expected to provide a boost to the provincial economy and help keep housing markets relatively stable in next year. “Alberta will experience a flat market in 2017,” Ash says.

Average Residential Sale Price 2013-2016 and 2017 Outlook 2017 (forecast $)

2017 (forecast %)

2016 (estimate)

2015

2015/2016 % change

2014

2013

$590,450

1.60%

$580,961

$518,153

12%

$507,212

$476,568

$1,040,706

2.00%

$1,020,300

$902,801

13%

$812,652

$767,765

Fraser Valley

$655,500

-5.00%

$690,000

$577,507

20%

$498,703

n/a

Kelowna

$513,642

4.00%

$493,887

$435,074

14%

$424,145

$397,000

Calgary

$402,335

0.00%

$402,335

$417,328

-4%

$484,790

$456,000

Edmonton

$364,000

0.00%

$364,000

$372,511

-2%

$367,038

$351,000

Victoria Greater Vancouver

Saskatoon

$351,032

0.00%

$351,032

$355,653

-1%

$361,031

$338,309

Regina

$318,785

0.00%

$318,785

$319,857

$329,379

$320,430

Winnipeg

$297,155

3.00%

$288,500

$281,022

$289,538

$274,373

Windsor-Essex

$237,791

5.00%

$226,468

$201,115

13%

$192,124

$183,518

London-St. Thomas

$295,179

6.00%

$278,471

$264,435

$254,141

$245,737

Sudbury

$261,937

2.00%

$256,801

$250,593

$255,371

$250,518

Kitchener-Waterloo

$413,313

8.00%

$382,697

$348,220

10%

$339,412

$336,325

Hamilton-Burlington

$594,427

11.00%

535,520

$446,961

20%

$388,487

$383,840

Barrie

$425,730

4.00%

$409,356

$351,554

16%

$319,612

$308,200

Greater Toronto Area

$783,926

8.00%

$725,857

$622,217

17%

$566,626

$522,963

Kingston

$311,712

2.00%

$305,600

$298,000

$287,291

$287,567

Ottawa

$378,359

2.00%

$370,940

$367,632

$362,868

$353,881

Greater Montreal

$368,160

6.00%

$347,321

$337,263

$331,057

$321,059

Quebec City

$259,793

-2.00%

$265,095

$265,204

$264,589

$267,294

Saint John

$182,006

2.50%

$177,567

$175,152

$178,440

$179,351

Halifax-Dartmouth

$292,235

1.50%

$287,916

$278,117

$273,917

$274,153

Charlottetown

$240,250

4.00%

$231,010

$219,460

$219,867

$203,722

St. John’s

$279,356

0.00%

$279,356

$296,812

-6%

$306,405

$301,000

MEANWHILE IN OTTAWA...

“After achieving strong price growth – hitting record levels in some markets – over the last couple of years, gains are expected to slow in 2017, creaking open a window of opportunity.” “There is light at the end of the tunnel as we get into Q3 and Q4, as oil prices are expected to increase. 2018 will likely be the rebound year for Alberta.”

Market conditions in the nation’s capital were fairly balanced in 2016, with two-per-cent growth in average price. “We see that continuing in 2017, with a one-per-cent increase in average price. All segments of the market are performing well, with condos sales increasing by 1.9 per cent in 2016, and continuing the trend in 2017. The upper end of the market has also been performing well and will continue to do so. HOME-OWNERSHIP DREAMS TURNED REALITY

Though price growth may be pausing, younger Canadians are still looking to creative ways to realize their dream of homeownership, according to the report. Thirty-three per cent would consider purchasing a home with a family member; 22 per cent would rent out a room in their home; 15 per cent would consider renting out a room via rental apps such as Airbnb; and nine per cent would purchase a home with a roommate.

Volume 17 Issue 02

FOR SALE ±35,341 Sq. Ft. Fitness Facility in Southwestern Ontario

11314863_0717

11271753_0717

Commercial Real Estate & Business Opportunities

OFFICE: (519)

426-0081

Rhyus Reeves

CELL: (519) 428-8180 103 QUEENSWAY E, SIMCOE, ONTARIO rhyus2.0@gmail.com

Broker

44 ARGYLE ST., SIMCOE • Existing fitness facility, complete with squash/racquetball courts, swimming pool, and running track • High profile, easily accessible location • Ideally suited for continued fitness use, or a commercial recreational use • Existing equipment & member roster can be included as part of a sale • ASKING $4,500,000 FOR MORE INFORMATION PLEASE CONTACT:

Glen Larocque* glen.larocque@cbre.com 519 673 6444 * Sales Representative

www.cbre.ca

$339,900 MLS

Downtown Simcoe commercial store with many zoning uses. Currently operating as a convenience store. This property has 1530 sqft of retail store space, 425 sqft storage room with 8x18 ft. cooler and separate store front with 362 sqft. Onsite parking for 9, corner lot next to a strip mall. Great investment or business opportunity. Business and inventory may be purchased separate from the asking price.

11310678_0317

CBRE Limited, Real Estate Brokerage

0717_DJW_0056

royal lepage BranT realTy inc. Brokerage

Jason TBROKERAGE angorra REAL ESTATE Broker/owner

(519)

209-1543

sales represenTaTive

519-759-6800

(519)

771-8577

3-128 NELSON $639,000

Located in the Heart of downtown, next door to University Lecture Halls. Two floors of 2400 sq. ft. of upgraded space. A deal for office, restaurant, retail or other endless possibilities.

0317_DJW_0015

44 MARKET 0317_DJW_0014

John Dignan

Apartment Building Buyer Wanted, Call Jason @ 519-209-1543

$9.75 SQ. FT. Multi use 1500 sq. ft. unit available immediately! Downtown area, near university with great exposure, plenty of parking on a high traffic street.

Paris is Ontario's best kept secret. Residential development is running rampant, fueling the growth of retail, commercial and industrial development. Leasing space in or close to the downtown core of Paris is a rarity.

$15.00 + $3.00 SQ. FT. Existing bar with outdoor patio. Located in middle of Downtown, close to Casino and Student Campus. $3.00 CAM fees.

34 WELLINGTON ST. 0317_DJW_2_0014

0317_DJW_1_0038

16 A MARKET ST., BRANTFORD

0317_DJW_1_0037

1C - 3 ELM ST., PARIS

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

Please say you saw it in The Commercial Investor

Volume 17 Issue 02

Commercial Real Estate & Business Opportunities

George Gicopoulos Sales Representative Office: 519.672.9881 Direct: 519.672.9891 ext 241 ggicopoulos@royallepagecommercial.com www.geor gegi copou los.com

*Independently Owned and Operated

London and area $199,000

$1,500,000

Restaurant/Bar. About 4,000 SF with patio. Good long term lease.

Restaurant/Bar with property. With sales in excess of $2M. Good profits and good condition.

$195,000

$449,000

Dry cleaners/laundry with property of $1,500 SF included. Great opportunity.

6 unit building. 5-2 bedroom and 1-1 bedroom units. Recently reduced by $30,000.

FOR SALE PROPERTY WITH RESTAURANT - GODERICH Location location location! Great opportunity to own a 3 year old building with a restaurant business fully equipped new equipment 3 years ago. Located in the most prominent intersection of Goderich including the chattels of Burger 33. Option to continue the same operation or change the concept to whatever you wish (name not included). Signage and visibility second to none. Business only also for sale price and lease term to be negotiated. 0717_DJW_2_0032

FOR LEASE - RESTAURANT - KINCARDINE Great opportunity for the restaurateur. Fully equipped restaurant in excellent condition. Located in the Town of Kincardine on the shores of Lake Huron and near the Bruce Nuclear Power Plant. Free standing building of about 4,560 SF with great signage and visibility. Assume existing lease for approximately 9 years with two five year renewal options. Rental includes all the equipment. Truly an opportunity like no other! Net rent about $15.00/sqft. 0717_DJW_5_0033

WORTLEY VILLAGE FINE DINING DON

LON

One of the best fine dining establishments in the City of London. A popular and award winning food and wine bar won Best Food at the London Food and Wine Show twice. Located in the heart of London's most famous and desirable Old South Neighborhood. 28 seats inside plus 18 seat open patio which is on the main street with high visibility. Great sales that could be increased with a hands on owner operator. Fully equipped and in excellent condition. Very reasonable rent. 0717_DJW_2_0035

RESTAURANT $245,000 AM

H AT

About 7,0000 sq ft main floor restaurant operated by the same owner for the past 8 years. Licensed for a total of 285 inside and 85 on the two patios. Price for the business is way below replacement cost. This upscale restaurant with plenty of on site parking is in top condition, fully equipped and ready for your inspection or concept. Property with 6,000 sq ft second floor. Government offices also for sale. Call for details. 0717_DJW_3_0034

Please say you saw it in The Commercial Investor

11305025_0717

Royal LePage Triland Realty, Brokerage*

HAMILTON

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

HAMILTON SECTION COVERING:

Grimsby Hamilton Haldimand Stoney Ancaster Caledonia Cayuga Creek Dundas Dunnville

For advertising

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

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

Volume 17 Issue 02

Commercial Real Estate & Business Opportunities

8171399_0717

RE/MAX Escarpment Realty Inc Brokerage

3097 HOMESTEAD DRIVE, MOUNT HOPE $3,000,000

11.9 ac Dvlpmnt Opprtnty on Prime crnr lot w/3 rd frntgs! Zoned "DD" & designated "District Commercial" under Mt. Hope Secondary Plan which allows for commrcl & possibly mixed use rsdntl. Hwy exposure & close to Hmltn Airport, QEW & 403. Buyer to complete all due diligence. Development incentives from the City! Call LA for more info. 0717_DJW_1_0062

4011 HWY 6, HAGERSVILLE $1,590,000 Valuable 10.06ac comm. prop in E. Hagersville. 60-90 mins S. of Toronto. Incs 3 bldngs - Bldng #1 - 14,000sf w/20 offices, 5 baths, 3 kitch, 3 sep. security zones, incs 4000sf htd warehouse. Bldng #2 - 9400sf, 7 bays, UL offices, rented to quality tenant. Bldng # 3 - 1800sf + 1300sf lean to. Huge pvd lot. Enviro reports avail. Zoned MG. 0717_DJW_2_0036

4 FIELD RD, NANTICOKE $729,900

289 BROOKLIN RD, NANTICOKE - $699,000

UNIT 1, 2 OR 3 - 26 MAIN ST N, HAGERSVILLE - $14.00 PER SQFT

2.87ac prprty loc.in Nanticoke's Indstrl Park-mins to US Steel+Esso Refinery-45 mins/Hamilton.Incs 2002 blt 5500sf insltd bldng w/in-flr heat, 17' ceilngs, 6 overhead drs,1100sf offc, secured cmpnd, 600 amp, vhcle hoists. Ideal satellite trucking/manufacture depot. Impossible to replicate at this price. Zoned MH-2

Clean 47.5ac turn-key dairy goat farm loc. in SW/Haldimand Cnty - 45 mns/Hamilton. Incs 15 yr 1344 sf, 3 bdrm bungalow + 1344 sf unfin. bsmnt, 80x152 stl cld ins. dairy barn (2002) w/ 30x30 milking parlour, 40x104 sf stl cld imp. shed (2007), 40ac workable (hay), pond in-take/well. Goats sold separately.

Ideal commercial loc w/ample prkng. 3 spcs avlbl inc spc 1 of 2589 sqft & space 2 of 1227 sqft immed adjacent to spc 1 & can be joined to total 3816 sqft. Spc 3 is 810 sqft. 5 year leases avail + 5 year extensions at market rent. A growing community w/a present volume of customers.

0717_DJW_3_0006

0717_DJW_1_0007

0717_DJW_1_8002

33 MAIN ST N, WATERFORD - $399,000

7104 CANBOROUGH RD, WEST LINCOLN - $379,900

457 CHEAPSIDE RD, SELKIRK - $235,000

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

Imagine owning charming 1930's inspired General Store w/ in-house Retail Store/Restaurant/Outdoor Patio + immac. 2 bdrm res. unit. Turn-key business incs equip - (see sch) + huge frnt parking area. Clean operation w/unlimited potential. No P&L avail. Do not go direct. Contact LS RE: liquor license, lease option VTB.

Live where you work! Fantastic opportunity to own est. quaint hamlet eatery incs clientele mix of Nanticoke factory wrkrs, Erie cottagers, tourists, Cheapside/Selkirk villagers + area farmers. Incs aprox 1200sf restrnt w/10' ceilings + NG equip, aprx 800sf 2 bdrm res. unit + full bsmnt.

0717_DJW_1_0055

0717_DJW_1_0012

0717_DJW_2_0013

LOT ON FIELD ROAD - NANTICOKE $239,900

2007 MAIN STREET SOUTH, JARVIS $125,000

103 CEDAR DR TURKEY POINT - $599,900

Rare 2.86 ac Industrial Lot in Nanticoke Ind. Park.Incs 283' Field Rd frontage-wtr/swr/hyd. at/near lot line-n/gas at adjcnt lot. MH-2 zoning may allow for small fabricator/machine shop/truck depot. Buyer/Buyer's Solicitor to verify prmttd uses/zoning,attaining of bldng permits, cost of levies/dev. charges/HST.

Est. profitable fast food restaurant business loc.in Jarvis's prime mn crnr. Boasts ex-visual exposure+hi-traffic/pedestrian volume. Incs attractve det. bldng w/lrg paved pkng/multiple entries. Offers 724sf retail area, 266sf fully equipped comm. kitch, ofc+strg space. Contact LS re: lease terms-P&L/serious inquiries only!

"Life-Style Change" investment property in resort town of Turkey Point. Incs est. 40 yr aprx 2000 sf comm/restaurant w/ take-out wndw/all equipment + aprx 1000 sf yr rnd 3 bedrm cottage incs roof '15. Sit. 0.33ac lot - directly across from expansive renowed sand beach. No P&L avail.

0717_DJW_1_0021

0717_DJW_2_0001

Please say you saw it in The Commercial Investor

0717_DJW_1_0008

Volume 17 Issue 02

Commercial Real Estate & Business Opportunities

Building value on a rental property… By Dino Nicosia, Broker of Record, Investpro Realty Ltd., Brokerage

he real estate market is divided into many submarkets, such as commercial, industrial, vacant land and residential. The sub market for residential can be separated into two categories; the owner occupied and tenant occupied properties. The value of the owner occupied property is mostly determined by supply and demand. This demand is significantly influenced by disposable income, interest rates, consumer confidence and political and economical climate. Although the tenant occupied property value is influenced by the same factors, in addition it is affected more importantly by the income it generates. With this type of residential property, you are not just buying the bricks and mortar, you are also buying the income that is being produced from the rent. Therefore, a tenant occupied property is also classified as an investment property. Since the value of an investment property is largely determined by the income it produces, we should relate this to running a business where the goal is to end up with money in our pocket at the end of the month. After collecting the rent

and paying all the bills, the amount of money left over, (before making the mortgage payments), is called the Net Operating Income (NOI). To determine an accurate NOI, the expenses must include property taxes, insurance, maintenance, vacancy reserve, utilities, garbage removal, lawn service, plowing, wages and management fees if any. The NOI is directly tied into the Capitalization Rate (also referred to as the Cap Rate). The Cap Rate essentially represents the percentage return on an all cash purchase (not taking mortgage debt into account). Simply refer to the Cap Rate as being the return on the investment, and note that the Cap Rate will be determined by the current market sales in the area of the subject property. For example, let’s assume you purchased a 20 unit apartment building which generates an annual NOI of $100,000.00, and the purchase price of this property was $2,000,000.00. Therefore, based on this purchase price, you are receiving a 5% return on the investment; or in other words, the Cap Rate on this purchase was 5%. Combined with the Cap Rate, the NOI will be instrumental in establishing the investment property’s value. Therefore if you want to increase the value of your tenant occupied property, you must improve your NOI. There are three major ways to increase the NOI: 1. Find ways to increase rents without affecting the vacancy. 2. Reduce property expenses without neglecting the property. 3. Do not rent the equipment… own them.

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1. INCREASING RENTS: We will demonstrate the tremendous impact on value from rent increases, with this real life example. The ownership of a recently purchased 21 unit apartment building created a business plan to renovate all units that became vacant and attempt to maximize their rents. They knew the great potential of increasing the NOI, which in turn would escalate the value of their property. The plan was to renovate and increase each unit by an average of $200.00 per month ($2,400.00 per year). Assuming, that the current market Cap Rate is 5%, then the value of the property would escalate by $48,000.00, by just increasing rent on one unit ($2,400.00 divided by 5% cap rate). In a period of one year, they were able to maximize rents to ten apartment units for a total annual increase to the NOI by $24,000.00. This amount translated to an increase in value by $480,000.00. Before an investor undertakes this task, they should ask themselves; • Does today’s market conditions make it worthwhile to spend the money for major renovations for the purpose of increasing rents?

8171452_0717

It’s all about the NOI.

Volume 17 Issue 02

21 8171394_0717

Commercial Real Estate & Business Opportunities

•

What is the maximum rent increase that I will need, to justify the major expenses? • With the expected higher cash flow, how long will it take to pay back the cost of the major expenses? First let’s establish how long will it take to recoup the renovation costs. In the above example the renovation cost was approximately $5,000.00 per unit. After the renovation was complete the rents were increased by an average of $200.00 per month or $2,400.00 annually. It will take approximately 24 months to recoup the cost of expense or in other words the payback on the investment is 2 years. That equates to an approximate 48% annual return on the renovation investment, ($2400/$5000 = 48%). But most importantly the total value of the property based on a 5% cap rate, had increased by $48,000.00 per unit, or $480,000.00 for the 10 units. In this example, it’s clear that the renovations at a cost of $5,000.00 per unit ($50,000 for all 10 units) was a prudent investment

BEFORE RENOS

AFTER RENOS

2. REDUCING EXPENSES: Reducing property expenses is often the most cost effective way to improve the NOI and increase value. Utilities:

Assess how much you are paying for heat, water and hydro and then establish how you can reduce these charges. • Water: Conduct routine checks for water leaks and running toilets in each unit • Heat: Check for loss of heat from windows, dirty radiators, old boiler system • Hydro: If you are paying for the unit hydro, remember that old fridges consume more; charge extra for the use of A/C window units and check the timer to the common area and exterior lights. Educate your tenants on the benefits of energy conservation. Realty Taxes: Are you paying too much realty tax? Let’s face it, paying too much realty tax on investment properties could significantly impact the NOI and dramatically reduce value. Unfortunately most investors take this large expense for granted and assume that the assessment on their investment property is correct and never bother to investigate it. Do your homework by obtaining the assessments on similar properties and compare. If your property is in Hamilton, do a quick check by taking the gross rents from the property and multiply by 23%. This result should be very close to the Realty taxes for the said property. If you are convinced your property is over assessed, then simply go to the MPAC website and follow the instructions; download and fully complete the Request for Reconsideration (RfR) form. A local assessment officer will be appointed to review your application. Once the officer completes his investigation you will be notified on their decision. Should you not agree with the results from the reconsideration process, you still have the option for an appeal. The

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appeal process is more involved and will not be covered in this article. 3. RENTAL EQUIPMENT: Another relatively easy way to reduce your expenses and increase the NOI is to eliminate rental equipment. Make a plan to owning them instead. We continue another real life example of how the property value was increased for a 21 unit apartment building. The hot water tank rental was approximately $250 per month (including taxes) which equated to $3,000 per year. The cost to purchase and install the equipment was approximately $5,000.00. The purchase of this hot water tank was a great investment because of the quick payback! But more importantly, this change also increased the property value by $60,000.00 by simply reducing of the operating expenses (or increasing the NOI) by $3,000.00 per year. Summary The above scenarios demonstrate how simple investment undertakings produced a tremendous return rate and helped generate a huge increase in property value. One can now clearly see that increasing rents and or lowering expenses, (even if it requires expenditure to do so), is a wise decision. REMEMBER, IT IS ALL ABOUT THE NOI.

Volume 17 Issue 02

Commercial Real Estate & Business Opportunities

INVESTPRO REALTY LTD., Specializing in Multi-Residential Listing and Sales

Dino Nicosia, Broker of Record

Direct: 905-870-5852 dino@investprorealty.com

“Your Investment Partner for Life”

VMYSL

BROKERAGE

Kandy Thompson,

Sales Representative

Direct: 289-244-5627 kandy@investprorealty.com

www.investprorealty.com

24 UNITS, LONDON

12 UNITS - DESIRABLE JAMESVILLE

LEGAL 4 UNITS

Asking $2,050,000.00. Very good condition. For more details and financials visit our website. 0717_DJW_0043

Great opportunity, near West Harbour and minutes to GO Station. Severance approved. Large lot with full parking. Asking $1,950,000. Principals only please. Visit our website for more details. 0717_DJW_2_0030

Great St. Catharines rental area. No vacancies! Good cash flow. Asking $424,900. For details, please visit our website. 0717_DJW_4_0024

Located in the Heart of Stoney Creek. On large lot with plenty of parking and heated garage. Seven spacious suites, most renovated. Many recent improvements. A must to view. Cap Rate 5.0%. Asking $1,200,000. For details and financials, please visit our website. 0717_DJW_2_0039

0717_DJW_3_0038

8495852_0717

7 UNIT COMPLEX IN STONEY CREEK

Before you invest, You deserve the best. inthenews

DON’T UNDERESTIMATE SOUTHWESTERN ONTARIO

eal estate news has been dominated by residential benchmarks and recordbreaking sales. While most urban centres in Canada – specifically Vancouver and Toronto – have drawn most of the attention, commercial real estate has been a steady front-runner, and it’s not just in Vancouver and Toronto, either. You can’t underestimate the value of investing in Southwestern Ontario. In Febraury Kitchener-Waterloo saw approximately $140 million in sales. Dream Office REIT recently announced the sale of eight properties, seven of which have closed and the eighth to close in Q1, 2017. The commercial real estate market is stable and Ontario’s markets, especially the tech and financial sectors, are

quite strong. With the strong tech centre in the KitchenerWaterloo region, including the headquarters of Google, Research in Motion/Blackberry, the region is also known as a strong start-up hub, with numerous research, development and employment industries, the there was some vision behind the massive real estate transaction, which encompasses gross leasable area totalling almost 1.1 million square feet. Accessibility and transit are usual hallmarks of growth, and mae an investment more secure, and with light rail transit to the area set to arrive shortly, accessibility and demand are on the rise. Buildings – such as the Market Square Mall and the Galeria on Frederick Street are showing great potential. The Dream Office REIT portfoilio sales is just one sign of the strength of the market in Southwestern Ontario, with many other active sites in the Kitchener-Waterloo area, and beyond, seeing strong interest.

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Commercial Real Estate & Business Opportunities

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SUSAN & SCOTT SALES REPRESENTATIVES 11314719_0717

ATTENTION COMMERCIAL DEVELOPERS!

$3,800,000 45-acre parcel with over half recently rezoned M11 'Airport Prestige Business' within the Hamilton Employment Growth district. Existing services on the property include municipal water, natural gas, cable & hydro. Municipal sewers/waste located just 260m away at Kopperfield Lane, which could be hooked up 'subject to capacity allocation.' Use the solid brick 1771 sf bungalow with 2-car attached & 2 car detached garage as a base of operations or rental income stream while waiting for permit approvals. For more information, visit http://414glancasterroad.com 0717_DJW_0027

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THECOMMERCIALINVESTOR.CA Published by

Salvador Lachica

Ramzi Twal

Broker

Sales Representative

905.574.3038 CELL 905.741.7221

OFFICE

ramzi@ramzitwal.com www.ramzitwal.com

905.929.6890

MACRO REALTY

salvadorlachica@royallepage.ca

1.888.751.2229 EXPERIENCE COUNTS

11310570_0717

Excellent fast-food business in the heart of Downtown Hamilton. High-traffic location. Public transportation, shopping and public parking nearby. Easy to operate. Can be run byt staff or family. Seats 35 customers. Dine-in or take out. Motivated Seller $169,900. MLS #H3196055. 0717_DJW_0035

Well known Hamilton Bakery, established over 70 years. Turnkey operation. Seller willing to train. Fully equipped, distributing to many food chains plus walk-in traffic. Sale includes all equipment, one delivery van, 3 bedroom and 2 bathroom house. Large paved parking area. Asking $599,000. MLS #H3192907. 0717_DJW_0036

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Volume 17 Issue 02

11292930_0717

Commercial Real Estate & Business Opportunities

Mazhar Roshan Sales Representative

905.929.9800 647.609.9463 905.574.6400

HomeLife Professionals Realty Inc.

Direct GTA Direct

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

Office

mazharroshan@sympatico.ca HAMILTON - $249,900

RETAIL STONEY CREEK MOUNTAIN

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. 0717_DJW_1_6622

FOR SALE - STONEY CREEK Live and work in this newly constructed unit. 1100 sq ft retail units plus basement and 1200 2 bedroom apartment upstairs. Close to highway, shopping parks and on bus route. Call for details.

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. 0717_DJW_2_0024

0717_DJW_2_0020

BUSINESS FOR SALE - $179,900

Only one year old pizza franchise. Doing $350K P/Y sales and improving. All brand new equipment and lease hold improvements. Good for large family or hands on manager/ owner. Low rent, long lease and real money making business. 0717_DJW_1_0061

SOLD

I HAVE QUALIFIED BUYERS FOR YOUR BUSINESS CALL FOR INFORMATION

Fully leased plaza for sale net income $102,000. Anchor tenant Royal Bank. 30 minutes south of Hamilton. Cap Rate 6%. Call Mazhar Roshan for more details. 0717_DJW_2_0085

â€œMy Business is to Sell Your Businessâ€?

11294991_0717

SOLD

PLAZA FOR SALE

Please say you saw it in The Commercial Investor

Volume 17 Issue 02

Commercial Real Estate & Business Opportunities

Anthony Costa

Cosmo Costa

STATE REALTY BROKERAGE

BROKER

SALES REPRESENTATIVE

INDEPENDENTLY OWNED & OPERATED

Your Investment Property Specialist

9742018_0717

0717_DJW_2_0038

0717_DJW_3_0037

Excellent investment opportunity consisting of main level large Tavern/Bar fully operational approx 5000 sq. ft., and fully licenced restaurant. Consisting of Lounge, bar area, dining area, dance floor, pool room, and dart playing area. All with tables and chairs. Fully functional kitchen with steam table, 2 stoves, 2 fryers, fridge, 2 freezers plus storage area. Second floor approx 1500 sq. ft., consisting of 6 rooms 1 double room apartment. Large basement for storage. Zoned formerly "K" now M6. Many uses please call LA for further details.

For

3/large 1 bdr units plus a laundromat business. GROSS INCOME OF $43,380 N.O.I. $29,000.

0717_DJW_2_6666

CALL 905-662-6666

Further inFormation:

John hryczynski Broker

(905)

529-5900 x 240

email:

REAL ESTATE BROKERAGE CommerCial

commercial real estate

real estate sales and leasing serviCes

WEST HAMILTON LOCATION Prime West Hamilton location located near downtown. This property is in for site plan approval for a mixed use residential & commercial development consisting of approx. 103 residential units and 4,000 sf of commercial space with surface & underground parking. The property has existing usable buildings presently leased for extra income until development occurs. Asking $2,290,000, call for further 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.

NEW RETAIL PLAZA FOR LEASE

RETAIL FOR LEASE 0717_DJW_1_0072

0717_DJW_3_0061

OFFICE & RETAIL FOR LEASE

0717_DJW_2_0055

MIXED USE DEVELOPMENT SITE

John@BBsrealty.com

www.BBsrealty.com

HAMILTON CENTRAL MOUNTAIN Prime retail/office space located across from the Lime Ridge Mall on a dominant retail corridor with many National tenants. Excellent exposure to high traffic with easy access to E/W Expressway.The lease unit is 4,900 sf and is completely open ideal for most retail/office/medical uses. Asking net rent is $13.95/sf. Immediate possession, abundant parking.

0717_DJW_1_0071

0717_DJW_2_0062

RETAIL/OFFICE FOR LEASE

0717_DJW_2_0069

RETAIL FOR LEASE

CALEDONIA BUSINESS DISTRICT A new mixed use plaza devleopment in the downtown business district with occupancy in Fall 2017. 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.

PRIME LOCKE ST. S LOCATION Prime corner location at Charlton Ave. with excellent exposure in the heart of this sought after Locke St. Business district. This bldg. has been recently renovated throughout and consists of 2,440 sf ground floor commercial space with loads of windows, 3/4 usable basement, attached garage & parking. Ideal for most retail/restaurant or office uses. Call John for details.

EAST HAMILTON MOUNTAIN A first class busy regional retail complex, anchored by Metro Food, Shoppers Drug Mart, LCBO, department stores, banks & other retailers w/tremendous parking capacity. Available space: Unit 6 – 4,428 sf and Unit 7 – 4,063 sf, units may be combined and are ideal for most retail uses and Unit 29 – 1,520 sf, ideal for bar restaurant/fast food use. Immediate possession.

Please say you saw it in The Commercial Investor

1715_DJW_2_0062

10339498_0717

www.cosmocosta.ca

FREE STANDING ALL BRICK CONTR.

The Spillover Effect Most Hamiltonians are acutely aware how hot our cityâ€™s real estate market has become. Home prices in individual neighbourhoods and regions across the city are regularly increasing by as much as 15% per year. In more high-demand areas, such as the cityâ€™s north end, from James to Wentworth, prices rose by over 34% between 2015 and 2016. In the St. Clair, Blakely, and Delta neighbourhoods, the average sale price of a home has reached nearly $370,000. These figures, while intimidating (especially so to firsttime buyers), leave out an important question of the effects of externalities on the Hamilton market. We in the real estate industry often talk about the effects (both positive and negative) of Torontonians moving to Hamilton and setting up shop or home here, but up until very recently, those effects have not been quantified.

as single-family prices rise in the GTA (due to favourable economic conditions, population growth, and low mortgage rates), prospective buyers are being forced to look to external CMAs (Census Metropolitan

Area), increasing prices in those centres as well. This in turn causes buyers from these areas to look into purchasing further from the GTA, and so and so forth, created this spillover effect. The CMHC analyzed the recent

THE REGIONAL CONTEXT According to the Canada Mortgage and Housing Corporation (CMHC), 11301473_0717

Volume 17 Issue 02

explosion in house prices (that which has been going on since the 20082009 recession) and found that the current climb is the highest seen since the 1990s, as well as being disproportionately high compared to other Ontario CMAs. They also found that the GTA prices are out of balance with the current GHTA economy, meaning there is a growing disparity between what people make as income and what houses cost. This will be extremely important to remember later on. Possibly the most eyebrow-raising finding, and the one that we’ll be focusing on in this editorial, is the “spillover” effect the GTA market has had on Hamilton prices. They found that, as Toronto prices increase, so too do Hamilton’s. Not only did they glean this relationship, they quantified it. They found that, if say GTA prices increase by 10% in one quarter, Hamilton prices would increase by 14% the following year. However, were Toronto prices to drop by 10% in one quarter, Hamilton prices would drop 14% accordingly. This spillover is apparently affecting markets as farremoved from the GTA as Ottawa and even Sudbury. This correlation is also very evident in CMAs such as Guelph, Brantford, Kitchener, and Barrie. HAMILTON’S CONNECTION In October 2016, CMHC’s Housing Market Assessment detected substantial evidence that the GTA is currently experiencing a period of overvaluation, caused in part by the previously mentioned outpacing of house price relative to incomebased demographic indicators. They suggested that such an imbalance can only be corrected by stronger wages or lower prices. As can be seen in the chart above, price correlations and spillover effects tend to be stronger closer to the GTA. Hamilton is no exception. While many of these correlations and relationships have remained constant and strong over time, some of them have shifted since the 2009 recession.

Commercial Real Estate & Business Opportunities

According to CMHC, only Hamilton’s house price increases have kept up with GTA price increases since the 2009 recession, “such that the price of a home in Hamilton relative to the price of a home in GTA has remained fairly constant over time.”

As can be seen above, while the relationships in price between Hamilton, Guelph, Barrie, and the GTA remain strong, others have shifted substantially, the most noteworthy being St. Catharines. Yet the correlation between Hamilton and the GTA remains strong. As mentioned above, a one percent shock in house prices (positive or negative) would lead to a 1.4% change in Hamilton within one year. After three years, that effect would grow to approximately 2%. This is in contrast to the growth relationship the GTA has with Barrie, which would experience a shift of 1.4% within a year, but would have a slightly weaker effect after three years than in Hamilton at 1.8%. According to CMHC, only Hamilton’s house price increases have kept up

with GTA price increases since the 2009 recession, “such that the price of a home in Hamilton relative to the price of a home in GTA has remained fairly constant over time.” For other CMAs, the gap has been growing. If GTA prices continue to grow as they have been, that gap can only get wider, and Toronto prices will become even more unattainable to the average buyer. That being said, because Hamilton’s growth is keeping pace with that of the GTA, it’s important to get into the market as soon as possible, before you are priced out!

Provided by Derek Doyle, Broker of Record, Partner, Ambitious Realty Advisors Inc. Brokerage. 905 538 6541 email derekdoyle@ambitiousrealty.ca 11301474_0717

marketminded

Foreign ownership of Canadian real estate low: CMHC

he share of foreign ownership in condominiums in major Census Metropolitan Areas (CMAs) remains low, according to two Housing Market Insight reports from Canada Mortgage and Housing Corp. (CMHC) — a national look at foreign ownership and a second report delving deeper into Montreal.

constructed condominiums that year relative to 2014 and 2016.

“Foreign ownership is just one factor influencing Canada’s housing markets – but it’s an important one that continues to gain attention,” says Bob Dugan, chief economist at CMHC.“Our studies show that the share of foreign ownership remains low and concentrated in newer, larger buildings located in the cores of major cities like Vancouver, Toronto and Montreal. We continue to work with our partners in finding new ways to bring this important story into sharper focus.”

• Foreign ownership in Montreal remained relatively stable at 1.1 per cent. Foreign ownership remains higher in Downtown Montreal and Nuns’ Island, at 4.3 per cent.

In the national report, CMHC found foreign ownership of condominiums was highest in Vancouver and Toronto, at 2.2 and 2.3 per cent, respectively. However, both markets saw a decline in share of foreign ownership compared to last year.

In its Montreal report, CMHC notes that in 2015, between four and eight per cent of foreign-owned condominium units in Montreal were left empty. More surprisingly, 40 per cent of foreign buyers who purchased their unit in 2015 did so without the need for a mortgage. For all buyers (Canadian and foreign), this proportion was 15 per cent.

• Outside of these CMAs, the share of foreign owners ranged from a low of 0.2 per cent in Saskatoon and Regina to a high of 1.2 per cent in Halifax. • Foreign ownership continues to be higher among newer and larger buildings in the central areas of Toronto and Vancouver. In Toronto, the share of foreign ownership rose to 3.9 per cent in buildings completed since 2010 and in buildings with more than 500 units, it rose to 5.5 per cent. In Vancouver, newer buildings saw a five-per-cent share of foreign owners, while buildings with more than 100 units reported 3.2-per-cent share of foreign owners.

OTHER HIGHLIGHTS FROM THE MONTREAL REPORT: OTHER HIGHLIGHTS INCLUDE:

• The 2016 shares in both Vancouver and Toronto were more in line with those in 2014. The relatively higher shares observed in 2015 were due to an unusually high proportion of foreign ownership in newly

• The condominiums owned by foreigners in central sectors of Montreal generally had higher values than those owned by Canadians. • Since the beginning of 2016, the number of foreign buyers in the Montreal area, while remaining limited, recorded an increase over the same period in 2015. The greatest gain was registered among investors from China, however, it’s important to note that this represents only about 30 additional buyers.

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Commercial Real Estate & Business Opportunities

Volume 17 Issue 02

8647857_0717

Please say you saw it in The Commercial Investor

Volume 17 Issue 02

Commercial Real Estate & Business Opportunities SELLING REAL ESTATE FOR OVER 28 YEARS

Platinum Award Winner

Bill Morrison SALES REPRESENTATIVE

Direct:

905-619-9500

Heritage Realty Inc., Brokerage Independently Owned and Operated

Email:

morrisonb@sutton.com

COURTICE

TORONTO Mimico Investment Opportunity. 6-1 bedroom units. Great condition. All major updates are done. 6 parking plus 3 car garage. Fully leased. Great tenants.

Excellent free standing plaza. Corner location. Over 30 parking spots. Newer roof. 8800 sq. ft. with 10 units. Net income $115,000. ASKING

$2,200,000

0717_DJW_0048

ASKING

$1,749,900

PICKERING

$11,000,000

0717_DJW_0050

Car lot. Centrally located in downtown Whitby. Fenced in storage area. Tenant has 3 years left on lease. $72,000 gross plus utilities. Great price and investment. ASKING

TORONTO

$935,000

$6,200,000

0717_DJW_0052

Attention Investors, Developers. 4 unit plaza at intersection. Lots of parking 10' ceiling in basement. Site could be redeveloped. ASKING

TORONTO

$2,200,000

$1,499,000

0717_DJW_0053

WEST TORONTO

Large 6 plex on large lot. Solid concrete precast floors. Stucco exterior. Mostly renovated kitchens and baths. Updated appliances. Well maintained building. ASKING

0717_DJW_0051

EAST TORONTO

A historic landmark on Queen St. Over $500,000 in renovations recently completed. 3 storeys. 11,000 sq. ft. with full basement. Licensed 24 unit rooming house on upper floors. ASKING

0717_DJW_0049

WHITBY

Prime redevelopment opportunity possible for residential/commercial use. Located at prime intersection. 2.3 acres. Good holding income. Across from Pickering Town Centre. ASKING

10527900_0717

Toronto line: 416 798 7278

0717_DJW_0054

Modern 8 Bay Car Wash. Built with extended bays to accomodate larger vehicles. Bays are bright and open. Built 2009. Easy to operate this cash making business! ASKING

$3,465,000

0717_DJW_0055

I URGENTLY NEED MORE PROPERTY TO SELL IN ALL AREAS,

BUYERS ARE WAITING.

Call Bill Morrison to sell yours! FREE consultation call Bill 905-619-9500

Commercial Real Estate & Business Opportunities

GROUP

Commercial Retail Plaza for Sale

RON BARSI

Broker Office: 905.436.0990 Cell: 905.424.1994 Independently Owned and Operated www.ronbarsi.com or email: rbarsi1994@hotmail.com

Volume 17 Issue 02

Group Heritage Realty Inc., Brokerage

11314953_0717

OSHAWA - BANQUET HALL WITH OFFICES

• Prime location at Dixie Rd. & Highway 401 area, Mississauga, ON. • High exposure corner lot, approx. 1.2 acres. Expansion potential. • Fully leased, Positive cash flow. • Price: $ 5,000,000. • Exclusive Listing, Principals Only. Please contact

Keith A. Theodore, Hons, B.B.A. Sales Representative Royal LePage West Realty Group, Brokerage

Direct: 416-858-4097 Office: 416-233-6276

11314049_0717

C-2 Club Fraternal zoning presently. Continue use for rental investment hall or convert to medical centre, church, day care, private club etc. 1.07 Acre lot with 90 paved parking spaces. Building is in top condition. Many improvements over last 6 years. 2112 sq. ft. hall main floor with fully equipped kitchen & bar. 2nd level has another hall of 1976 sq. ft. with kitchen, ideal for dance studio, training centre, arts etc. Handicapped accessible with an elevator. Offices and Conference rooms. Asking $2,100,000. For viewing this property Call Ron Barsi/Broker Sutton Heritage Realty Inc. Brokerage 905-436-0990. 0717_DJW_0001

inthenews inthenews

“NO hangs over downtown Toronto office market “NO VACANCY” VACANCY” sign sign hangs over downtown Toronto office market

D D

owntown Toronto’s office market continued to outperform expectations in the fourth quartercontinued of 2016 – atorefrain that owntown Toronto’s office market outperform has now resounded since 2009 when the first building expectations in the fourth quarter of 2016 – a refrain that opened has in what’s become a sustained now resounded since 2009office whenbuilding the firstboom. building According to fourth quarter results released by Cushman opened in what’s become a sustained office building boom. & Wakefield in February, availableresults spacereleased has plunged to an eight-year According to fourth quarter by Cushman & low of fourinper cent in available spite of the flood ofplunged new space thateight-year has Wakefield February, space has to an completely city’s of skyline. The of last time availability low of four altered per centthe in spite the flood new space that hashit this rock-bottom in 2009 when theavailability development completely alteredlow thelevel city’swas skyline. The–last time hit cycle that started in 2006 high gear. the development this rock-bottom low levelkicked was ininto 2009 – when In this market, which at 72 million square feet (MSF) is by cycle that tight started in 2006 kicked into high gear. farIn the largest market companies that(MSF) are seeking this tightoffice market, whichinatCanada, 72 million square feet is by blocks spaceoffice largermarket than 300,000 square feet (SF)that are now faced far the of largest in Canada, companies are seeking with “no andthan are having tosquare wait forfeet new development blocks ofvacancy” space larger 300,000 (SF) are now faced relief“no or change their looking for sizable with vacancy” andoccupancy are havingstrategies. to wait forIfnew development space in change the fringe markets surrounding theIfdowntown – relief or their occupancy strategies. looking forcore sizable which now a 2.9 per cent vacancy rate companiescore of all space in thehave fringe markets surrounding the–downtown – sizes are almost of per luck. which now haveout a 2.9 cent vacancy rate – companies of all “Toronto’s downtown is one of North America’s most powerful sizes are almost out of luck. growth markets,” says Stefan Teague, GTA executivemost managing “Toronto’s downtown is one of North America’s powerful directormarkets,” and market leader forTeague, Cushman Wakefield. “Year after growth says Stefan GTA&executive managing year we’ve whenfor theCushman bubble will burst and it simply director andwondered market leader & Wakefield. “Year after doesn’t. 2016 was another demand year and have a year we’ve wondered whenbumper the bubble will burst andwe it simply large pipeline of clients wanting to demand occupy significant space in a doesn’t. 2016 was another bumper year and we have proposed towers in 2017wanting and well large pipeline of clients tobeyond.” occupy significant space in proposed towers in 2017 and well beyond.”

Since 2009, 8.3 MSF of office space has opened downtown – with many of the towers transforming markets Since 2009, 8.3 new MSFoffice of office space has openedfringe downtown – such many as Downtown South. some 2.1 fringe MSF ofmarkets space with of the new officeRemarkably, towers transforming was in theSouth. past two years by expanding, relocating and suchabsorbed as Downtown Remarkably, some 2.1 MSF of space new absorbed companies. breaks average ofrelocating 300,000 SF was in That the past twodown years to byan expanding, and anew quarter. To put this context, the to quarterly average absorption companies. Thatinbreaks down an average of 300,000 SF Toronto recentthe five-year period was absorption 157,000 SF, aforquarter. Toover put the thismost in context, quarterly average showing how accelerated demand was in 2015 and 2016. for Toronto over the most recent five-year period was 157,000 SF, While many sectors aredemand expanding, technology, showing how accelerated wasdemand in 2015 from and 2016. bigWhile data, e-commerce, and information systems many sectors software, are expanding, demand from technology, companies has been particularly strong. As for larger blocks of big data, e-commerce, software, and information systems space, at year there were only eightAs availabilities left of blocks companies hasend, been particularly strong. for larger blocks of over 100,000 compared with 14 eight options at the same in space, at yearSF, end, there were only availabilities lefttime of blocks 2015.There availabilities in options existing at buildings fortime tenants over 100,000are SF,zero compared with 14 the same in seeking 300,000 SF and over. So, in willexisting new office towers to 2015.There are zero availabilities buildings forset tenants open in 2017 bring TheSo, answer is very little: 1 Yorkset Street, seeking 300,000 SF relief? and over. will new office towers to at 794,000 SF, is bring 100 per centThe preleased; Globe & 1Mail open in 2017 relief? answerThe is very little: YorkCentre, Street, at 484,000 SF, is 100 93 per 906,000-SF EY Tower 794,000 percent centpreleased, preleased;and Thethe Globe & Mail Centre, at is 87 perSF, cent 484,000 is preleased. 93 per cent preleased, and the 906,000-SF EY Tower “With the preleased. downtown’s vacancy in the same place, at 4 is 87 per cent per“With cent, the as itdowntown’s was in 2009,” said Teague, thinkplace, it’s pretty vacancy in the“Isame at 4 obvious about more building announcements per cent,that as itwe’ll was hear in 2009,” said Teague, “I think it’s pretty in 2017. that Downtown Toronto’s growth has been phenomenal obvious we’ll hear about more building announcements on both office and housing sides – andhas webeen only phenomenal see increased in 2017. Downtown Toronto’s growth momentum at and this housing point.” sides – and we only see increased on both office momentum at this point.”

Please say you saw it in The Commercial Investor

Volume 17 Issue 02

Commercial Real Estate & Business Opportunities

11294169_0717

26 SUITES RETIREMENT HOME WITH GOV'T FUNDING (OTTAWA AREA)

22 BED RESIDENTIAL CARE HOME BRANTFORD

26 large suites with full ensuite bathrooms. Possible 52 semi-private beds. Licenced Retirement Home. Some residents are Government funded under the City of Ottawa Housing with Support program. For more information on this property and Housing with Support, visit our website shown below.

Home licensed by City of Brantford for 22 beds. Always full because of high demand for this type of accomodation. Well maintained.

$1,550,000

0717_DJW_4_0060

15 BED GROUP HOME 70 MINS FROM BRAMPTON

Currently grossing $14,000 per month Potential to increase income. Separate apartment for a live in operator. Priced to sell. For more information visit our website shown below.

$850,000

0717_DJW_0029

$425,000

MICHAEL SHMUKLER, P.Eng, Broker of Record DIRECT: 519-318-1622 TOLL FREE: 1-866-960-6059 SHMUKLER REALTY INC. BROKERAGE

Email: michael@ShmuklerRealty.com

Please say you saw it in The Commercial Investor

11253451_0717

WWW.SHMUKLERREALTY.COM

0717_DJW_1_0022

Volume 17 Issue 02

Commercial Real Estate & Business Opportunities

Commercial Team In Canada! *

Brokerage Independently Owned And Operated

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**Sales Representatives Broker

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TORONTO WEST HULLMARK CENTRE OFFICE SPACE MAIN/DANFORTH - MEDICAL CENTRE LEASE SPACE APARTMENT BUILDING VE U CL

LIMITED TIME!

Excellent Terms for Family Physicians! Call Now Limited Time!

PA L

U CL

NL Y

Premium office space at Tridel’s new Hullmark Centre at Yonge & Sheppard! Approx. 916 gross Sq. Ft. with floor to ceiling windows overlooking Yonge St. and underground access to two subway lines! For Sale! Call for pricing!

0717_DJW_2_0118

PRIME401 MISSISSAUGA DIXIE/HWY - PROFESSIONAL AUTO LOCATION CONDO DEVELOPMENT

First class medical centre at Main/Danforth Subway. Office space available private practice or apartment physician Attention Investors! A 96forunit, low maintenance clinic environment, workToronto on % oflocation. gross billing! building located in aturnkey, superb West Sitting Bldg includes radiology, ultrasound, medical on over 2 acrespharmacy; this practically runs itself and with rarely any labs; & physiotherapist! Free Rent period. $10/Sq Ft vacancy! $13,250,000 Net. Call George 416-554-7653. /

OFFICE SPACE! KENNEDY RD - RETAIL/OFFICE SPACE DON MILLS / LAWRENCE

YOUR BUSINESS HERE

• • • • •

Prime ground retail space in busy plaza just north Stunning 3383 Sq.level Ft. office space in rarely offered, modern class of Steeles & Kennedy. 1,775 rectangular‘A’ office building at prime Featuring ‘Shops At Don Mills’sf., location! Current shapedoffice floorw/hundreds space, one Kennedy exposure, lots medical of bath, thousands in superb leaseholds. Canof be used for$16.95/Sq. any professional use; tons of windows/great parking! ft. Net. Also, prime 722 sfviews!. office $18.95/Sq Ft. Netsignage! $24.85 sq. ft. gross. Call Matt: space, great 647-500-7708

WORLDWIDE TROPHY ASSETS! ATTENTION INVESTORS!

0717_DJW_2_0060

PRINCIPALS ONLY

Downtown Manhattan skyscraper! Both comm &RETURNS! retail space: $975M 21%+ ANNUAL Las Vegas, NV casino! 21 floors on approx. 37 acres $475M • RRSP, TFSA, LIRA++ Eligible • Single Family & Condo Developments Brooklyn hotel, popular hotel chain, over 320 rms $169 M • Get Developer • Projected Returns Exceed 21% per Year Las Vegas, NV hotel / casino over 3,800 rms, 80% complete $470M Returns! • Call George Politis 416-554-7653 • Partner withrms, Top-Tier GTAasset, Developers NY City hotel, 140 3 star approx. 5% CAP $103M

www.PBcommercialteam.com | Team@PBTeam.com 5071 Highway 7 E., Markham ON L3R 1N3 *Based on Re/Max Canada commissions in 2014 1st Q

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

Please say you saw it in The Commercial Investor

11276658_0717

Steal of a4,354 deal!SqPrice reduced $60,000 immediate Turn-key Ft automotive operation informodern high trafficPrime Mississauga Plaza! Goodyear locationwith at busy sale! location in Previous busy Dixie Park Centre free Dundas/Mavis exterior street parking! Two intersection. units, totalBeautiful 1,450 sq. ft., w/ oneamazing with offices exposure! Large reception/sales area, huge garage w/ 19+ft and reception area. Great Usedoors! one, ceilings, large mezzanine, 3 frontfor bayinvestor/user! doors & 3 rear bay $23.50/Sq. Net Must be seen! $258,800. Call Matt: lease theFt.other! 647-500-7708 or George: 416-554-7653 0717_DJW_1_0671

Volume 17 Issue 02

Commercial Real Estate & Business Opportunities

FOR SALE

11314720_0717

Penny Kozoriz Broker 905-220-2832 or email: pennyk@cogeco.ca

Apex Results Realty Inc.

• Beauty Salon in High Traffic Strip Mall in Burlington. • Owner operated for 30 yrs. • Offered at $59,900, currently 2 full time & 1 part time stylist. • Salon in top condition, 8 stations, with mirrors, hydraulic chairs, 2 wash stations, 6 dryers. • Colour cabinet & prep area, kitchen area, washer & dryer. • Financials available to serious buyers.

0717_DJW_0016

5.2 ACRES APPROVED COMMERCIAL LAND (CS) 57,700 sq ft Plaza ready for construction April 30, 2017 Queens Way W. Simcoe Ontario

* 30 Commercial Stores & Offices Available * Store Sizes 2000, 3000, 4000, 5000, 7000, 8000, 10,000 sq ft UP * Prime 5.2 acre location + 260 + Customer Parking * Hydro solar roof panel state of the art design ASKING PRICE $1,990,000 Builder/Investors Smart commercial investing, is about timing, NOW is the time, to own & build this Super Plaza 11305026_0717

DO NOT GO DIRECT BY APPOINTMENT ONLY

Call Ed Bain

416-836-7686

(email) slandcorporation@yahoo.ca

0717_DJW_0008 0717_DJW_0009

FRANK REAL ESTATE

Independently Owned and Operated Brokerage

80 Athol St. East Oshawa, Ontario

CHARMaine McLaren Sales Representative

charmainemclaren@gmail.com

905-391-9296

“Durham, One of Canada’s Fastest Growing Regions!” 11308667_0717

LISTINGS NOT ON MLS Medical Buildings

Plaza plus Land

• Lots of parking • Asking $1.9 million • 11,000 sq. ft. • 3.000 sq. ft. available • Located heart of the city • Asking $2 million

• High traffic corner • Almost 3 acres • 7 units fully leased plaza • Separate house • $190,000 income • Asking $2,999,999 • WOW, CALL NOW

House/Business For Lease

Gas Stations

• 2 Storey • Main artery central business zone • Live and work here • $1800/month +

Please say you saw it in The Commercial Investor

• No Name Gas Station • Durham Location • Potential for huge growth • Principals only

trebreport

GTA REALTORS REPORT commercial market figures

ronto Real Estate Board President Larry Cerqua announced that TREB Commercial Network Members reported 345,658 square feet of combined industrial, commercial/retail and office space leased through the TREB MLS System, on a per square foot net basis with pricing disclosed, in January 2017. This result was down from 555,606 square feet leased in January 2016.

As is often the case in the month of January, the change in average lease rates was quite volatile on year-over-year basis. This volatility was due to a compositional shift in the type and location of properties leased this year compared to last year. “As TREB reported in its recently released Market Year in Review and Outlook report, leasing activity through TREB’s MLS system grew in 2016. As we move through

January 2017: Per Square Foot Net Commercial Leasing Summary Lease Transactions completed on a per square foot net basis with pricing disclosed on TorontoMLS

2017, the demand for commercial real estate will depend on a number of factors, including the level of business confidence and economic direction of key trading partners. If GTA businesses remain confident in the direction of the economy at the national, provincial and regional levels, it is possible that we will see further growth in commercial leasing and transactions,” said Mr. Cerqua. The number of commercial property sales reported in January 2017 was similar to the number reported in January 2016. Transactions in the industrial market segment were up on a year-over-year basis, while commercial/retail and office sales were down compared to the same period in 2016. Similar to the leasing market, year-over-year changes in average selling prices on a per square foot basis, for transactions with pricing disclosed, were volatile due to a markedly different mix of property types sold this year compared to last, particularly for the industrial and office market segments.

January 2017: Commercial Sales Completed with Pricing Disclosed on TorontoMLS

Leased Sq. Ft.

Sales (Price Disclosed) Jan 2017

Jan 2016

% Change

Industrial

43.8%

-10.9%

Commercial

-25.0%

29,830

71.6%

Office

-41.7%

555,606

-37.8%

Total

-6.3%

Jan 2017

Jan 2016

% Change

Industrial

233,677

457,527

-48.9%

Commercial

60,802

68,249

Office

51,179

Total

345,658

Avg. Sale Price Per Sq. Ft. (Pricing Disclosed)

Average lease rate Jan 2017

Jan 2016

% Change

Jan 2017

Jan 2016

% Change

Industrial

$7.15

$3.50

104.2%

Industrial

$175.64

$84.80

108.1%

Commercial

$17.45

$14.16

23.2%

Commercial

$187.46

$196.14

-4.4%

Office

$15.71

$14.74

6.5%

Office

$207.49

$96.88

114.2%

Financing options for borrowers when obtaining financing from traditional financial institutions is not an option. Mortgages terms are flexible and can be customized to your individual needs. SPECIALIZING IN MORTGAGES OVER $2 MILLION RATES RANGING FROM 4% - 6% FOR MOST DEALS

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investorinsight

Canadian buyers get back in the South Florida game By Harvey Hernandez

t is no secret that Canadians love to escape the dreary winters and take refuge in South Florida, where they can enjoy the tropical weather, shopping, dining and everything else that comes with the “snowbird” lifestyle. The loonie’s historic plunge in the first quarter of 2016 resulted in Canadian home and condo buyers staying largely on the sidelines for most of the year, however. As 2017 gets underway, all signs point to a Canadian buyer resurgence in South Florida. Representatives from residential projects in the region are citing an influx of Canadian buyer inquiries. Analysts and industry organizations are supporting that anecdotal information with their own reports.

For instance, in January the Miami Association of Realtors released its latest report of the top foreign countries searching for property in South Florida through its search portal. For the first time since November 2013 and just the second time since the association began tracking the information, Canada topped the property web search rankings. The number two country, Colombia, led the association’s rankings for 10 consecutive months before being overtaken by Canada. The tire-kicking that occurred during the fourth quarter of 2016 is translating into completed sales to Canadian buyers in the beginning of 2017. Beyond wanting to own a South Florida vacation home for the brutal winter months, many Canadians look to operate their residences as income-producing rental properties when they are not being used. That significantly helps offset the purchase price and cost of ownership. As an example, Gale Residences Fort Lauderdale Beach condominium project by Newgard, rental/ investment buyers were kept in mind when we introduced a “flexible rental”program in which owners can rent out units for any period of time they want (even daily) either through the Gale or directly, using a mobile app to provide virtual unit keys

While financing options exist, the majority of Canadian buyers in South Florida opt to pay for their vacation homes with cash. to guests for a specified period of hours or days. While financing options exist, the majority of Canadian buyers in South Florida opt to pay for their vacation homes with cash. About 86 percent of Canadian buyers paid all-cash for South Florida property in 2015, according to the Miami Association of Realtors. That exceeds the percentage of cash purchases from any other country. Others who prefer to finance their purchase should be able to find a lender – even in an uncertain and heavily regulated U.S. banking environment. Most South Florida banks have programs in place to lend seamlessly to foreign nationals, while some Canadian institutions – like RBC Bank, which has a dedicated Cross-Border Mortgage Team - will lend to residents who want to buy U.S. property.

For Canadians looking to make a first purchase in South Florida, there are numerous estate, capital gains and other tax implications to consider. Those buyers should consult a tax attorney or Certified Public Accountant before starting their search for a vacation home or investment property. The National Association Realtors reported that while sales volume on vacation homes in the U.S. fell in 2015, the median sale price rose by 28 percent, and most of the price appreciation was in the South, “particularly in several Florida markets,” according to the report. In 2016, some Canadians owned Florida real estate cashed out due to the currency exchange, political uncertainties and other factors. One year later, the tide is turning back towards buying. Harvey Hernandez is Chairman and CEO of Miami-based Newgard Development Group, which is developing the Gale Residences Fort Lauderdale Beach luxury condominium project.

Volume 17 Issue 02

Commercial Real Estate & Business Opportunities

Gurdeep Sandhu

6850 Millcreek Drive Mississauga, ON L5N 4J9 8629802_0717

Realty Specialists Inc. Brokerage An Independent Member Brokerage

Office: 905-858-3434 Direct: 647-262-9091

OFFICE SPACE FOR LEASE â€“ MISSISSAUGA

gssandhu@rogers.com gurdeepsandhu.com

CONVENIENCE STORE FOR SALE - MARKHAM

ASKING $89,000 Nice and bright office spaces of different sizes from 550 sq ft to 3000+ sq. ft. available with great access to QEW and Hwy 403. Close to Centre of Mississauga. Busy building with lots of traffic and mix of private offices. Restaurant/Coffee shops on site. A well managed property. 0717_DJW_0021

Variety store with grocery, priced to sell at a high demand area. Store with Lotto 649 + Western Union and UPS sale. ATM machine, Newspaper stand, Asian Grocery, fax and photo copier. High volume of lotto sales, 2016 Commision Avg more than $40,000. Daily store sales approx $1000.00 + UPS & ATM revenue. Rent $2900 includes TMI. Busy area, surrounded by thousands of homes, businesses and schools. Very bright 0717_DJW_0022 and spacious store with lots of opportunities to add on.

ESSO GAS STATION FOR SALE WITH PROPERTY

HUSKY GAS STATION OAKVILLE (BUSINESS ONLY)

ASKING $14.50 NET RENT

ASKING $589,000 Turn key Esso Gas Station with Lotto 649, convenience store and 3 bedroom house. Fibre glass tanks. Inside city and community area. Price includes Gas Station business, property and adjoining vacant land with multiple permissible uses for any other addition of new business. Small V.T.B. available for qualified clients. Be your own boss. Run business. Live 0717_DJW_0023 or rent house for extra income.

2 years old Husky Gas Station with convenience store & Country Style, 8 pumps station. Option to build/develop on vacant portion for car wash or 0717_DJW_0024 oil change of lease/sub lease. Business only for sale.

ESSO GAS STATION FOR SALE WITH RENTAL INCOME

INDUSTRIAL BUILDING WITH 4.8 ACRE LAND - HALTON HILLS

ASKING $749,000

ASKING $1,450,000 Recently upgraded Esso Gas Station with convenience store with additional rental income. Corner property approx. 0.71 acre land three bedroom house. Restaurant and partial house rented. Fibre glass tank. Newer pumps with card reader. Good both gas and diesel sale being on Hwy. Excellent property. Very well maintained. Lotto 649/propane gas/water dispenser machine/Country Style coffee & donuts/ATM machine and much more. 0717_DJW_0025

ASKING $2,450,000 CFIA licensed & HACCP approved meat plant. Carcass rails in place. Taxes to be verified. Vendor financing available, tenant will pay $5000 per month net, vacant possession available 60-90 days. Tenants paying all utilities, all bills, property taxes. 0717_DJW_0026

Please say you saw it in The Commercial Investor

Volume 17 Issue 02

Commercial Real Estate & Business Opportunities

EXCLUSIVE LISTING 0317_DJW_2_0058

Downtown St Thomas. This building houses 4 residential apts & 3200 sq. ft. of retail space. This area undergoing major restructuring by the city. Gross $42,000, caps at 8%. The residential units are always in demand.

PRICE $349,900 0317_DJW_0030

JUST LISTED!

D L O S

University of Western Ontario LONDON. Walking distance to the University of Western Ontario & Kings College. Triple A location. Gross income is $40,000 with leases until April 2018. Fully licensed by the City of London.

}

ATTENTION INVESTORS

Do you have children attending the University of Western Ontario?

CALL FOR MY EXPERTISE IN THE AREA OF STUDENT HOUSING OPPORTUNITIES NEAR THE UNIVERSITY OF WESTERN ONTARIO & FANSHAW COLLEGE. TAKE ADVANTAGE OF MY KNOWLEDGE OF THE CITY OF LONDON BY-LAWS & RENTAL LICENCING.

AGENTS & BROKERS: Earn a 25% referral fee & we will look after your client’s with family attending Fanshawe College & the University of Western Ontario

11303359_0717

NELSON CONROY Sales Representative

519-672-9880

nelsonconroy@royallepage.ca

inthenews

London South - 334 Wellington Road S, N6C 4P6

inthenews

CFIB TO PROVINCES AND TERRITORIES: ONE IN, ONE RULE CFIB RULE TO PROVINCES ANDOUT TERRITORIES: ONE RULE IN, ONE RULE OUT

C C

hallenges governments to follow federal lead, adoptto hallenges governments one-for-one law lead, adopt follow federal

The Canadian Federation of one-for-oneBusiness law (CFIB) kicked Independent Federation offThe RedCanadian Tape Week by issuingofa Independent Business (CFIB) kicked challenge to provincial and territorial off Red Tape Week issuing a to governments acrossbythe country challenge provincial and territorial follow theto example set federally and governments across the country to legislate a one-for-one law. follow example set federally Everythe parliament brings new and legislate a one-for-one law. legislation. As a result, regulations Every parliament bringsisnew pile up over time if there no legislation. As result, mechanism in aplace to regulations reduce the pile up overthat timehave if there is nobeen regulations already mechanism place to reduce put in place.in CFIB believes the the oneregulations that have already beento for-one law is such a mechanism put in place. CFIB over-regulation. believes the onesafeguard against for-one law is such a mechanism Some provinces, like BC, have to safeguard against over-regulation. one-for-one policies in place, but provinces, BC,ithave noSome province has yetlike made the law. one-for-one allow policies “Constraints us in to place, focus but on the no province has yet made it the law. “Constraints allow us to focus on the

most important rules while weeding out the overgrowth of red tape most important rules that accumulates and while puts aweeding major out the overgrowth of tape damper on innovation,red prosperity and that accumulates and a major entrepreneurship,” saidputs Laura Jones, damper innovation, prosperity executiveonvice-president for CFIB. and entrepreneurship,” said Laura Canada recently became theJones, first executive for CFIB. country invice-president the world to legislate Canada recently became first a one-for-one law when thethe Red country in the world to legislate Tape Reduction Act received nearaunanimous one-for-one law when the Red in support in Parliament Tape Reduction Act received near- to 2015. While encouraging premiers unanimous support in Parliament in adopt their own comprehensive one2015. While encouraging premiers to for-one laws, CFIB is also encouraging adopt their own comprehensive onethe federal government to broaden the for-oneoflaws, CFIB is also encouraging scope its law to include more rules. the federal government to broaden the “Of course, an even more ambitious scope of its law to include more rules. goal would be for government to “Ofreduce course, annumber even more ambitious first the of rules in goal would be for government tocap the system, and then proceed to first reduce thea number of rules in them. BC had lot of success with the system, and then proceed to this approach, achieving a 47 percap them.reduction BC had ainlotthe of number success with cent of rules this approach, achieving a 47 per Please you saw itininthe Thenumber Commercial Investor centsay reduction of rules

relative to 2001,” continued Jones. According to CFIB’s latest estimates, relative continued Jones. the cost to of 2001,” regulation on business According to CFIB’s latest estimates, across Canada totals $37 billion per the cost of regulation on business year. While some of these rules and across Canada $37 billion per regulations are totals necessary, there are year. While some of these rules and also many that are very costly relative regulations are they necessary, are to the benefits deliver,there or are also many that are very costly relative duplicative of other rules. Business to the benefits they deliver, or cent are of owners estimate about 30 per duplicative of other rules. Business the cost of regulation, or $11 billion, owners about 30 perany cent of could beestimate eliminated without the cost of regulation, or $11 billion, negative impact on human health, could without any safety,be or eliminated the environment. negative impact on human health, “As an organization, we have worked safety, or the hard over the environment. years to help all levels of “As an organization, wethe have worked government understand perspective hard over the years to help all levels of small businesses on this importantof government the are perspective issue,”statedunderstand Ms. Jones.“We eager of small businesses on this important to see which government will be first to issue,”stated Ms. Jones.“We are eager accept our one-for-one challenge.” to For see which government will first to more information visit be cfib.ca. accept our one-for-one challenge.” For more information visit cfib.ca.

CENTRAL ONTARIO

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

CENTRAL ONTARIO SECTION COVERING: Barrie Collingwood Muskoka North Bay Kawartha Lakes Midland Meaford Paisley Parry Sound

Orillia Owen Sound Sudbury Walkerton Midland Meaford Kawarttha Lakes Muskoka North Bay

For advertising

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

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

Volume 17 Issue 02

Commercial Real Estate & Business Opportunities 8313781_0717

Bill Byers Sales Representative bill-byers@coldwellbanker.ca

TEMISKAMING REALTY LTD.,

PIZZA & FAMILY RESTAURANT All set up & ready to go! Well established downtown Haileybury. Walk in cooler, patio, full kitchen, basement. Asking only $94,900. MLS TM162924

0717_DJW_3_0022

E IC R P W E

0717_DJW_2_0033

6 PLEX Large building with 2 balconies, basement, paved parking lot. Lots of work done here over the past few years. Full rented. Gas heat convenient downtown Haileybury location close to bus stops, College, library, beach, more. Asking $254,900. MLS TM162979

0717_DJW_2_0040

0717_DJW_0039

BUSY RESTAURANT Right on Hwy #11 N. Only restaurant in Latchford. Seats 36, lots of paved parking. Room to grow building and or patio. Tons of potential. Turn key! Asking $134,900. MLS TM162908

0717_DJW_4_0006

BUSINESS OR INVESTMENT Many options here. Fully rented office, shop, yard & apartment, give you a great return on investment or live here and run your own business. Hwy Commercial Zoning and on .8 of an acre on busy Haileybury Street. Opportunities are endless. Low rate financing available. Asking $259,900. MLS TM170176

New Liskeard, Northern Ontario

0717_DJW_2_0007

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

BROKERAGE

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 $239,900. MLS TM152104

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

Oct 22 - Nov 19, 2016, Volume 16 Issue 10

Nov 19 - Dec 17, 2016, Volume 16 Issue 11

INCORPORATING FRANCHISE AND BUSINESS OPPORTUNITIES INCORPORA Full Coverage Area Including Windsor, Windsor Hamilton, Toronto, Niagara Falls, Kingston and Ottawa! 197 FREDERICK ST., KITCHENER

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Woodstock, 12,662 sq. ft. Industrial on .89 acre. M2 allows mfg/fabrication/ truck repair. Oversized drive-in doors. 7 ton crane. Asking $995,000. May consider a lease.

151-161 KING ST. N, WATERLOO, ON $6.9M

Meltem Koseleci, Sales Representative®

CHESLEY - RESIDENTIAL SUBDIVISION - $840,000

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RESIDENTIAL IN ST THOMAS, ON. SITE RE-DEVELOPMENT RESIDENTIAL RE‐DEVELOPMENT SITE ST THOMAS, ON 20,000 SF • 5.41 Acres • $1,400,000 20,000 SF • 5.41 Acres • $1,400,000 MLS# 30511105 MLS# 30511105

Former school surrounded by existing single family homes.

Former school surrounded by existing single family homes. Property has been rezoned for 30 single lots & one 4 unit townhome lot. Property subject to re‐zoning for 30 single lots & one 4 unit townhome lot Lester Tobin, Sales Representative Coldwell Banker Commercial Peter Benninger Realty, Brokerage

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Woodstock: Industrial Investment Properties for sale. Call for details.

John Whittaker, Broker Coldwell Banker Commercial Integrity Real Estate Inc., Brokerage 1155 North Service Rd. W. Suite 7, Oakville, ON Tel: 289-291-5074 Email: jwhittaker@cbci.ca

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

2 solid buildings in Barton Village, sold as one; 648 - 650 Barton Street East. Surrounded by new restaurants, cafes and shopping. Close to the new Gibson Street Lofts. Buildings have potential for two commercial units on the main floor. Fully tenanted apartments upstairs that generate income. • 0.919 acre Multi-Residential Site with potential to develop 238 Units • 254 frontage on Kingrents. St. N Live in one and receive income from commercial/residential Pos• MR-25 Zoning • Excellent location close to WLU & University of Waterloo, Uptown sibilities are endless! Residential rents: $995.00, 995.00, 695.00 Waterloo and Waterloo Park + hydro. • Exclusive Includes 1 garage rented at 250. Projected rent for main floor SepaCall$2,000. Duncan McLean, Sales Representative CMA Realty Ltd., Brokerage 519-590-7997 rate hydro meters. Electrical updated. “H” zoning. Call for more duncan@cmarealty.ca details.

30 ACRES

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519-578-0337

146-2 4875 41

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CMA Realty Ltd., Brokerage

146-2 4875 41

30 ACRES

• 151-161 King St. N (0.919 ac), 175 Weber St. N & 104 Marshall • Existing income in place • King St. site zoned MR-25 potential to allow 238 units • Excellent location close to universities & Uptown Waterloo • Property being sold on an “AS IS WHERE IS” basis • MLS

RE • Freestanding restaurant currently occupied by Tim Hortons DU • CR-2 Zoning CE allows for restaurants, office, health clinic, financial, etc. • Excellent downtown Kitchener location with ample parking D • On public transit route, three blocks from future light rail transit stop and within minutes of GO Transit, VIA Rail and Greyhound bus line • $30/sf triple net lease • MLS Call Neil Koebel, Broker of Record

D CE DU RE

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PORTFOLIO SALE - WATERLOO, ON

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FOR ADVERTISING CALL DOREEN WILLS 905.570.9283 • 1.800.268.0077 Doreen.Wills@ypnexthome.ca Please say you saw it in The Commercial Investor

inthenews

Strategic Investments Creating Foundation for Prosperity Province releases Long-term Report on the Economy

ntario released a report recently that highlights how the investments the government is making will help support inclusive economic growth and address the demographic and economic trends of the coming decades. The Long-Term Report on the Economy projects the province’s population will grow from 14 million today to 17.8 million by 2040. This growth will significantly increase the demand for health care services, schools, transit and improved roads and bridges. By developing a highly skilled workforce, making health care more accessible and efficient, building modern infrastructure and supporting business innovation and growth, the report shows that Ontario is in a position to grow and experience greater prosperity for years to come. The province is focused on ensuring everyone is able to benefit from and contribute to that growth. People are feeling insecure in a changing economy, and the government is committed to working with all regions of the province to help create jobs and prosperity.

ACTIONS INCLUDE:

• Making college and university free for more than 210,000 students starting this September – and more affordable for students and families across the province through the Ontario Student Assistance Program. • Supporting new opportunities for youth, women, Indigenous peoples, people with disabilities and seniors. • Making the largest infrastructure investment in hospitals, schools, public transit, roads and bridges in the province’s history. According to a forthcoming study by the Centre for Spatial Economics, every dollar invested in infrastructure results in an increase of nearly $6 in real GDP over the long-term. • Maintaining a competitive tax environment through business tax reforms that have included Corporate Income Tax rate cuts and eliminating the Capital Tax.

The report also shows how Ontario’s diversified economy, which has a strong track record of weathering major economic challenges, such as the 2008 global financial crisis, is positioned to do well in the future. Supporting inclusive growth that works for all is part of Ontario’s plan to create jobs, grow our economy and help people in their everyday lives.

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

SECTION COVERING: Lindsay Peterborough Port Hope Bowmanville

Cobourg Trenton Belleville Kingston Northeastern Ontario

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EASTERN ONTARIO

marketminded

Morguard - 2017 Real Estate Investment Trends to Watch in Canada

orguard is projecting another year of stable real estate investment performance in 2017 as investors look to the Canadian market for relatively stable yields. While there is a dichotomy between the financial and technology driven economies and resource-based economies in Canada, there remains attractive opportunities for investment. By the end of 2016, a record amount of capital, both debt and equity, was projected to flow into Canadian commercial real estate. Canadian investment transaction volume surged this past year reaching $27.4 billion in total over the first three quarters of 2016, compared with $16.9 billion over the same period in the previous year. Annual 2016 sales are projected to surpass the most recent annual peak of $32.1 billion in 2007. This immense growth in purchasing power, against a backdrop of moderately healthy Canadian economic fundamentals, was somewhat unique. “For many domestic and foreign investors, Canada’s commercial property market represents stability over the long term resulting in a willingness to place capital in this market,” said Keith Reading, Director of Research at Morguard. “This sector has a solid record of performance which we anticipate will continue to drive investment decisions, against a backdrop of global political uncertainty.” The 2017 Economic Outlook and Market Fundamentals Research Report, released early February by Morguard Corporation (TSX: MRC), provides a detailed analysis of the 2017 real estate investment trends to watch in Canada. The full report is available at www.morguard.com HIGHLIGHTS - 2017 REAL ESTATE INVESTMENT TRENDS

• The financial and technology based economies of British Columbia and Ontario will drive real estate investment • In contrast, markets supported by the resource sector, which have been negatively impacted, are expected to improve gradually over time • The forecast for Canada’s national economic expansion over the next few years should support demand for industrial and office space in the country’s major markets • Consumer spending habits are expected to remain fairly healthy. Prime retail assets will generate strong interest

from both investors and retailers, despite an evolving environment. Vacancy will slowly rise over the next 12 months, which will present moderate performance headwinds. • A combination of international migration, an aging population and gains in the national labour market will drive demand for multi-suite residential • Investors will look to spread their risk by diversifying investments across asset classes and regions to protect against economic downturns in Canada and globally FINANCIAL AND TECHNOLOGY DRIVEN SECTOR: BRITISH COLUMBIA AND ONTARIO REMAIN STRONG

While the Canadian economy as a whole has experienced relatively weak economic growth, British Columbia and Ontario continue to perform well above the national average. The Vancouver and Toronto markets have emerged and cemented themselves as the business hubs of the new Canadian economy. Both cities’ financial and technology driven economies will continue to support high levels of interest from foreign and domestic investors, creating a real estate market fueled by strong competition, aggressive bidding and the potential to push prime asset values slightly higher. Following this trend, technology companies located in the North East or along the West Coast of the U.S. are expanding or setting up offices in Canada given cost advantages. The less expensive Canadian dollar, coupled with the tremendous growth in the technology sector over the past year, has driven a significant portion of the office leasing demand in Vancouver and Toronto. In contrast, markets supported by the resource sector continued to experience tepid economic activity in 2016, which is expected to improve gradually over the next few years with annual forecast expansion of roughly 2.0%. The commodities slump in Alberta, coupled with the weak growth in Quebec, Saskatchewan and parts of the Eastern provinces, has indicated that Canada’s reliance on resources as an economic driver is decelerating in favour of the financial and technology markets in Vancouver and Toronto. However, there remains opportunity to find solid returns within these markets. Resource-driven market investors can expect continued stabilization in the retail sector. Leasing conditions will drive investment performance and draw capital back into the market. Demand is expected to increase in Winnipeg, Montreal, Edmonton and Calgary. “Bottom line is that quality investment opportunities will be found in markets across the country,” said Reading. “Low risk investors will continue to look to Vancouver and Toronto, especially at strategic locations for acquiring multi-suite

Volume 17 Issue 02

Jack Huitema Broker of Record

905-774-7624

ICE

Commercial Real Estate & Business Opportunities

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

ST. ANNS - 50 ACRE POULTRY OPERATION 2 barn operation with 60,000 sq. ft. of slatted floor with nesting and egg collection to 2 packers and egg grading. Large new cooler room and water reservoir + water treatment room. Auto generator back up. 4 bdrm main brick house + 2 bdrm help house.

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DUNNVILLE - OPPORTUNITY TO BUY A PRODUCTIVE - 130 ACRE FARM With loam soil, random tiled systematically with outlet to the Tweed Drain. 3 megawatt turbine with 20 yr. contract, installed in 2016. Ready to start generating. Small barn on property with hydro. Operating gas well. Lease back opportunity. Call Jack. 0317_DJW_0025

www.coldwellbanker.com

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A significant number of larger investors continue to assess diversifying ownership of assets they already hold across regions and asset classes, against a backdrop of upward pricing pressure for the country’s core assets.

residential properties. Opportunistic investors will look to markets that are depressed with the potential for longerterm success.” Investors looking to mitigate risk and increase returns are adapting to market conditions in practical ways. A significant number of larger investors continue to assess diversifying ownership of assets they already hold across regions and asset classes, against a backdrop of upward pricing pressure for the country’s core assets.

ABOUT MORGUARD CORPORATION

Morguard Corporation is a major North American real estate and property management company. It has extensive retail, office, industrial, hotel and residential holdings owned directly and through its investment in Morguard REIT and Morguard North American Residential REIT. Morguard also provides real estate management services to institutional and other investors. Morguard’s owned and managed portfolio of assets is valued at $20.7 billion. For more information, please visit Morguard.com. FORWARD LOOKING STATEMENT DISCLAIMER

Statements contained herein that are not based on historical or current fact, including without limitation statements containing the words “anticipates,”“believes,”“may,”“continue,”“estimate,” “expects” and “will” and words of similar expression, constitute “forward-looking statements.” Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, events or developments to be materially different from any future results, events or developments expressed or implied by such forward-looking statements. Such factors include, among others, the following: general economic and business conditions, both nationally and regionally; changes in business strategy; financing risk; existing governmental regulations and changes in, or the failure to comply with, governmental regulations; liability and other claims

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NIAGARA

Featuring the Best Selection in Industrial, Commercial and Investment Opportunities

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

Welland Fort Erie Beamsville Fonthill Port Colborne

For advertising

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

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

Volume 17 Issue 02

Commercial Real Estate & Business Opportunities

Larry “BILKO” Bilkszto Your Local Sales Representative Since 1989 Garden City Realty Inc. Brokerage Independently owned and operated

Email - bilko@rgcmail.com Web - www.bilko.ca

(905) 641-1110 • (905) 563-3330 Toll Free (866) 575-9400 8494906_0717 TONS OF FARMS TO CHOOSE FROM IN THE NIAGARA REGION WITH BILKO. GREENHOUSES • VACANT LAND • VINEYARDS • TENDER FRUIT • HOBBY FARMS • COUNTRY ESTATES 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 $199,800

Be your own boss! Ma & Pa business. Landscaping, gardening, tractor sales & service, rental equipment. Owners ready to retire. over $750,000 gross sales past year, with this year well above that! Located on 2.2 acres with over 5500 sq ft of retail, warehouse and workshop area. Asking $499,800

Many possibilities for this 23 High profile corner property a c r e p a r c e l o f s a n d y, overlooking St. Catharines picturesque land. Located in new hospital. Major exposure. the hamlet of North Pelham, just All city services just down the south of Jordan and only road. Corner of First St & St minutes to the Q.E.W. Great Paul W, the wine route, at the 4building lot for your dream way stop. Almost 2 acres home, quiet rolling countryside. presently zoned agri lands Town gas and water. Presently within city limits. Great planted to nursery stock. Owner willing to lease back property at investment with much future $300 per acre. Super investment and future potential. Call today potential. $499,800 for country! $699,800

SPECIALIZING IN FARMS, AGRICULTURE, GREENHOUSES, ETC.. IN THE NIAGARA REGION!

905-935-6838

gamhowe@sympatico.ca

Niagara Region 905-358-9800 | 1-877-357-7346 1089 NORTH SERVICE RD: STONEY CREEK LAKE FRONT

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0717_DJW_1_0017

"STARDUST MOTEL"; NIAGARA FALLS 5528 BUCHANAN AVE

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8627 LUNDY'S LANE, NIAGARA FALLS A-1 STAR INN $1.3M

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Greg Howe Sales Representative

Situated on 1.06 acre lot with 150 ft lake frontage. 4000 sq. ft. bungalow with 3 independent units. Current zoning allows for 3 residential lots or 2 very wide Estate Lots.

27 rooms newly remodelled (over $700,000 in upgrades), $180,000 in gross yearly revenue, low taxes, huge property with room to develop, only 30% down payment to qualified buyer.

$250,000 VTB available, newer 24 rooms house and In-law Apartment. One of the nicest Motels in all of Niagara Falls, located in quiet area walking distance to all attractions, consists of 5 family suites, 4 jacuzzi suites (with gas fireplace), 10 doubles, 5 singles.

236 BURGAR ST. $699,000 WELLAND: ZONED LIGHT INDUSTRIAL

19 MANCHESTER AVE. ST. CATHARINES 21 UNITS: $2,650,000

76 GENEVA ST.; ST. CATHARINES THE SKY'S THE LIMIT $699,000 0717_DJW_1_0618

FOR BUYERS ONLY

0717_DJW_1_0631

FOR BUYERS ONLY

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FOR BUYERS ONLY

22,000 sq. ft. warehouse on 1.68 acres located in a residential area, 3 loading deck doors and 3 drive up doors, 20 ft., ceilings, easily sub-divided building, lots of potential and much much more.

Solid brick apartment building, rents are much lower than could be. Located next to all amenities and easy access to the QEW. Lots of parking.

Over 6,000 sq. ft. of Commercial/office/residential mix use in downtown area. Owner uses most of the building for personal use. Ideal for student residence upstairs and lower area. A real money maker.

FOR BUYERS ONLY

229 NIAGARA BLVD., FORT ERIE, $199,000 BUILDING LOT OWNER FINANCING Prime Development lot with unconstructed view of Niagara River and Buffalo. Huge 138 x 119 lot zoned commercial but ideal for semi or townhouse projects. Many possibilities, owner will hold mortgage for qualified buyer. FOR BUYERS ONLY

FOR BUYERS ONLY

48-60 GLENDALE AVE: NIAGARA-ON-THE-LAKE/ST. CATHARINES 1.7 acre commercial development site. Many possibilities, located across the street from General Motors, just down the road from the shopping mall across from White Oakes Tennis club in N-O-T-L. There is a diner in operation there now. The owner will hold the mortgage for a qualified buyer. FOR BUYERS ONLY

NEEDED: Apartments, Commercial, and Investment properties that show a good return outside the Niagara area, have over 10 cash buyers waiting.

Please say you saw it in The Commercial Investor

Volume 17 Issue 02

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

7687 MCLEOD RD. NIAGARA FALLS

333 ONTARIO ST, UNIT B3 ST. CATHARINES

0717_DJW_1_0043

0717_DJW_1_0612

LAND FOR SALE

±60.18 acres situated on the ridge of the Niagara Escarpment w/50 acres planted Baco Noir. Recently renovated 5 bedroom home w/ wood stove, fireplace, hot tub, landscaped deck, in-ground pool, in-law suite (or Bed & Breakfast), 2 Barns & Horse Paddock PRICED REDUCED: $2,300,000 Contact Greg Chew, Sales Representative greg.chew@colliers.com

±3 acres, zoned Tourist/Commercial between Niagara Square Mall, YMCA Community & Seniors Centre, Public Library and the Peninsula Inn hotel. Access off Montrose adjacent to the shopping mall (no access from McLeod). Parcel was previously approved for 10-storey condo building with pool (96 units & 135 underground parking). OFFERED AT $2,250,000 Contact Mike Halliday, Sales Representative mike.halliday@colliers.com

Former Gales Gas Bar, approx. ±2,220 sq. ft. building with 4 bay garage, one hoist and grade level doors. Presently used as an auto clinic. Possession date TBD as premises tenanted. Restrictive covenant on property; no petroleum or convenience operations to take place on this property in perpetuity. OFFERED AT $399,999 Contact Bryan Saelens, Sales Representative bryan.saelens@colliers.com

BROKERAGE APPRAISALS MANAGEMENT

Established business "TASTE OF ASIA" FOR SALE. Turnkey business with 24 seat capacity. The owner is retiring and would like to sell. An established business with potential. OFFERED AT $119,000 Contact Bryan Saelens, Sales Representative bryan.saelens@colliers.com

12190 LAKESHORE RD. WAINFLEET

0717_DJW_1_0024

0717_DJW_0006

69 PELHAM RD.

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±0.63 acres situated on the north side of Thorold Stone Road. Draft Plan approved for a 3 storey, 20 unit residential apartment building of ±30,419 sq. ft. Lot size: ±213.58 ft x 128 ft depth (27,520 sq. ft.) Zoning: R5B-994 Residential Apartment 5B Density OFFERED AT $949,000 Contact Mike Halliday, Sales Representative mike.halliday@colliers.com

High traffic location in downtown Welland adjacent to City Hall. Clean professional office building with ample on site parking. Zoning is RZ - Reinvestment Zone. Fully air conditioned. 3 Cross St. is 30 minutes to the U.S. border and surrounded by residential neighbourhoods. 3 Cross St. also backs directly onto the Boardwalk and the Welland Canal. OFFERED AT $1,250,000 Contact Greg Chew, Sales Representative greg.chew@colliers.com

2433 REGIONAL RD. 69, LINCOLN

VINEMOUNT RIDGE VINEYARD

0717_DJW_0005

VACANT RESIDENTIAL LAND DRAFT PLAN APPROVED

3 CROSS ST. WELLAND

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

180 KINGSWAY ST. WELLAND

0717_DJW_0007

Great location for your business situated on a very desirable high traffic area in a plaza on Ontario Street in St. Catharines. Plaza is easily accessible to QEW and is on local bus route with many amenities nearby. Lots of free parking. Retail/office space for lease, ±1864 sf open concept unit, ±4806 sf unit can be combined with adjacent unit 10A for a total of ±7,609 sf or ±2,803 square feet Retail/Office unit available. Turnkey Chinese Restaurant available October 31, 2017. Current owner retiring. LEASE PRICE FROM $8.00/$12.00/$17.50/sq. ft. NET $8.51 TMI Contact David Fulton, Sales Representative dave.fulton@colliers.com Taylor Wilson, Broker of Record taylor.wilson@colliers.com

6693 - 6719 THOROLD STONE RD. NIAGARA FALLS

0717_DJW_1_0009

0717_DJW_0004

350 ONTARIO ST ST. CATHARINES

Situated on the east side of Kingsway St. at Forks Road in the Welland area of Dain City, this ±6,461 acres sits in a quiet residential area within walking distance to the Welland Recreational Canal. OFFERED AT $575,000 Contact Mark Stevens, Sales Representative mark.stevens@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.” 11306014_0717

Please say you saw it in The Commercial Investor

Volume 17 Issue 02

Commercial Real Estate & Business Opportunities

9866060_0717

340A Lakeshore Road ST. CATHARINES, ON

WAREHOUSE/ HEAVY INDUSTRIAL/ MANUFACTURING w/ SEAWAY ACCESS Situated in the north/eastern sector of St. Catharines at Lakeshore Road (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

5743 Thorold Stone Road NIAGARA FALLS, ON

MIXED USE INDUSTRIAL BUILDING ±24,410 sq. ft. on the north side of Thorold Stone Rd. near Stanley Ave. Zoned light industrial. 9 units separately metered for hydro & gas. 18’ clear ceiling height, 3-phase hydro avail. in 2 units. Forced air gas ceiling mounted heater.

OFFERED AT $1,749,000 Lease Price $5.50/ sq. ft. NET.

140 Berryman Street ST. CATHARINES, ON

INVESTMENT READY PROGRAM CERTIFIED SITE ±12.462 acres centrally located in St. Catharines on Berryman Avenue, south of QEW Hwy & Welland Avenue. Fully serviced investment site minutes from the QEW Hwy access, 20 minutes to the U.S. border. Zoning allows for wide variety of uses. Close to all amenities. 1500 kVA service available, can be serviced by a rail spur (0.5 km). Outside storage permitted, municipal services to lot line, environmental report available. Additional information about this site is available at the Ministry of Economic Development, Employment and Infrastructure:

OFFERED AT $2,700,000

InvestInOntario.com/CertifiedSite

205 King Street

5795 Don Murie St.

ST. CATHARINES, ON

NIAGARA FALLS, ON

4536 Portage Road NIAGARA FALLS, ON

PRESTIGE INDUSTRIAL INVESTMENT ±35,973 sq. ft. situated in the north end of Niagara falls within minutes ot the QEW Hwy. 7 units, 2 grade level doors, 3 large loading docks, 14’ clear ceiling height, ample paved parking at front, gravel parking at rear, large pylon sign and many recent upgrades including new roof & upgraded electrical systems. Record of site condition available.

OFFERED AT $1,695,000

201

MERRITT STREET

110

JAMES STREET

GENEVA STREET

MULTI-UNIT OFFICE BUILDING Located in the downtown core on the north side of King St. & Court St. in the downtown core. Two available suites, may be combined into ±3,391 sq. ft. Suite 200: ±2,319 sq. ft. & Suite 201: ±1,072 sq. ft. ±4 dedicated parking spaces, high quality finishes, reception area, boardroom & kitchen.

OFFERED AT $9.50/ sq. ft NET + $10.50/ sq. ft. TMI

DUFFERIN STREET

PRESTIGE INDUSTRIAL FOR LEASE ±12.8 acres located on the south side of Don Murie St. Frontage on Chippawa Pkwy. Available units: ±78,912 sq. ft. Warehouse & ±8,535 sq. ft. office or demised into 3 separate units of ±26,304 sq.ft. Warehouse & ±2,845 sq. ft. office. 28’ clear ceiling height, fully sprinklered, footings to support 30T crane capacity, overhead doors & loading dock.

OFFERED $4.50/sq. ft NET + $1.25/sq. ft. TMI

443

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EASTCHESTER AVENUE

Global leadership in real estate solutions. Accelerating success.

businesssavvy

Protect your business from fraud: 3 simple steps

ompanies big and small are vulnerable to all kinds of fraud — identity theft, internal fraud and business directory and supply scams. This is not just an online problem, it can also happen over the phone and in person. Fraud can affect your revenue, your reputation, and the longevity of your business. That’s why it’s important to take proactive steps to ensure that you can prevent losses to your bottom-line and lessen the impact of possible fraud. The Competition Bureau encourages businesses to have an anti-fraud plan that includes the following: RECOGNIZE IT: Fraudsters are sophisticated and creative, so questioning the legitimacy of every inquiry — no matter how official it may appear to be — is a good policy to have in place. Always be vigilant and on the lookout. Scammers are finding new and innovative ways every day to rip people off, so be watchful for any deals that sound too good to be true, including online and on social media. REJECT IT: It’s important to train staff

to be attentive, cautious and know how to reject suspected fraudulent activity. If you receive a suspicious email, delete it. If you question the legitimacy of a phone call from an unfamiliar source, hang up. If you get something in the

Scammers are finding new and innovative ways every day to rip people off, so be watchful for any deals that sound too good to be true, including online and on social media. mail asking you for personal information or credit card details, throw it out. Trust your instincts — they could save your business or your employer from becoming the victim of fraud. REPORT IT: The Canadian Anti-Fraud Centre (CAFC) estimates that less than five per cent of the total number of fraud victims report their experiences to law enforcement agencies. By reporting a scam, you can provide law enforcement with the information they need to stop fraudsters and prevent others from becoming victims. If you file a complaint, it’s important to keep any evidence, such as cancelled cheques, certified and other mail receipts, and printed or electronic copies of emails.

You can report fraud by contacting the CAFC at www.antifraudcentre.ca or by phone at 1-888-495-8501; or the Competition Bureau at www.competitionbureau.gc.ca/fraud or by phone at 1-800-348-5358. –NC

Volume 17 Issue 02

Commercial Real Estate & Business Opportunities

LEASING OPPORTUNITY

0717_DJW_1_8003

NEW RETAIL AND OFFICE SPACE BUSY INTERSECTION Vine and Carlton St. St. Catharines.

Condo registered 9 units residential building. Some units completely renovated, others partially. 5 two bedrooms and 4 one bedroom. Excellent income. Steady long term tenants. Some rents below market value. Parking for 12 vehicles. Bus stop at front door. Central location. Headache free management. Sell one unit or all or keep for future price appreciation. St. Catharines is one of the fastest price appreciating areas in the Golden Horseshoe. Assumable good long term mortgage. Serious inquiries only. 0717_DJW_1_0037

Brokers Protected

Sedimar Developments Ltd.

905-641-1110

Tony Tripodi

cell: 289-241-6954

Broker

tripodi@sympatico.ca Garden City Realty Inc., Brokerage Independently Owned & Operated

CATERING BUSINESS

INDUSTRIAL * COMMERCIAL * INVESTMENT THOROLD

THOROLD LAND

Niagara Falls - Owner retiring. Here is an excellent opportunity to make money. Own a long established business, covering the Niagara Peninsula. Fully equipped kitchen & two vans included. Owner will train the buyer. List of functions already booked. Call today.

6 Plex consisting of 5 one bedroom apartments and approx. 3000 sq ft office and retail. Near shopping plaza, banking and on route to Brock University. Solid brick 2 storey building. Priced at $550,000. Call 289-241-6954 for further details.

Thorold - 5 acres. Suitable for townhouse or single home development. Across from Rolling Acre Village. Terms available. Asking $500,000.

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5116_DJW_0027

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Please say you saw it in The Commercial Investor

10331793_0717

11307613_0717

1-888-984-8716

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

Your Real Estate & Mortgage Investment Specialists 1.888.330.3866

info@profunds.ca

www.profunds.ca

Syndicated Mortgages, The New Craze! Syndicated mortgages have become a very popular topic to many in the mortgage industry recently. So many companies are introducing these investment offerings to investors. Being in the mortgage business for over 17 years now and specifically catering to the private lending side of the business, I can attest that this is not a new investment vehicle.

Firstly, what is a syndicated mortgage? A syndicated mortgage is when two or more people invest their funds into a mortgage for one borrower or entity. The multiple parties invest their funds together to raise the total mortgage amount and all rank in the same position. Each investor will be registered on title of the property and will hold a proportionate interest of the total mortgage equal to the amount of their investment. Syndicated mortgages are an excellent way to diversify your portfolio. They allow for individuals to invest directly into larger scale opportunities with greater returns that they otherwise would not be capable of funding alone. Because of this, investors can invest in multiple projects instead of allocating all of their available funds into one mortgage. In mortgage lending/investing, your funds are also secured on a tangible asset. This means that in a potential case of default, there is a recourse strategy and a way to realize on your investment by selling the property. Many people have invested in stocks and companies that offer shares in a project and hope that it is a success in order to receive a return, not to mention repayment of their principal. Mortgage lending offers this security on real estate which is amazing! It gives investors the ability to have an investment in real estate that is extremely passive without the worry of tenants, rent collections, and tribunal.

9649286_0717

As mentioned, syndicates and private lending have been around for decades, however the majority of people are not well versed on this type of investment vehicle. Make sure that when you decide to work with a company that offers these types of investments, that you are not receiving below market rates on a mortgage investment. Some companies in the industry are raising millions of dollars for one mortgage investment and in order to raise these types of funds, they are implementing a channel of referral agents who are paid substantially. The problem with incentivizing referral agents with large returns occurs when it reduces the return the company is able to offer the investor, thus falling below the market rate. Another thing to be mindful of, are lender bonuses that are contingent on the success of a project. Many companies that are selling syndicated mortgages are offering annual interest returns (for example 8%), plus a lender bonus at the end of the term (for example 4%). Majority of the time these rates are marketed as a combined return (in this example 12% annually).

11289457_0717

Mazhar Roshan Sales Representative

Direct GTA Direct Office

mazharroshan@sympatico.ca

BROKERAGE

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

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

$149,900

BURLINGTON FOR LEASE $20.00 PER SQUARE FOOT

Well established auto related property and business with 4 bedroom house in Norfolk county, property includes, Salvage yard, Scrap business, 3 bay garage with 2 hoists, 3 bay separate garage with paint booth for body shop also 2 more building for storage or any other related use. Over 3 acres with MD zoning, call LBO for details. 0717_DJW_1_0041

Long established Pizza store doing over $10K per week in sales. Low rent & long lease, good for owner operator or big family. Rent is only $1371 (TMI included). For details & numbers please call LBO. 0717_DJW_1_0019

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.

INVESTMENT PROPERTY - HAMILTON $249,900

8148414_0717

905.929.9800 647.609.9463 905.574.6400

HomeLife Professionals Realty Inc.

0717_DJW_1_0005

VACANT LAND $3,500,000

I HAVE QUALIFIED BUYERS FOR YOUR BUSINESS CALL FOR INFORMATION

HAMILTON

PRIME CORNER LOCATION IN RAPIDLY GROWING AREA OF STONEY CREEK 00

RE 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. 0717_DJW_1_0013

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. 0717_DJW_2_0006

BURLINGTON BUSINESS FOR SALE RE $3 DU 9, CE 90 D 0

Great residential neighbourhood. Close to Centre Mall, school & shopping and all amenities. Recently updated bungalow. No carpet at all, newer kitchen with S.S. appliances, new ceramic. Lots of pot lights, freshly painted. Rented for $1400/mth. Tenant would like to stay. 0717_DJW_2_0017

Mixed use. 2000 sq ft and 4 bedr and 2 bath residence. 2,200 store front plus 600 sq ft storage area with lots of parking. Full updated. Store has walk in cooler/freezer. Can be used for retail, convenient and take out restaurant. Close to bus routes, schools, QEW and proposed train station and Costco. 100's of new homes are coming this area. 0717_DJW_1_0040

Located on Mountainside in Burlington. Business operates six days a week. 0717_DJW_1_0023

DOLLAR STORE - $79,900

$1,299,900

FOR LEASE - $20.00 PER SQUARE FOOT

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. 0717_DJW_1_0056

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. 0717_DJW_1_0020

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.

PLAZA FOR SALE

FOR LEASE - $1,700.00 PER MONTH

FOR SALE - STONEY CREEK

d e s a

D L O S

Fully leased plaza for sale. Net income $102,000. Anchor tenant Royal Bank, 30 minutes south of Hamilton. Cap rate 6%. Call Mazhar Roshan for more details. 0717_DJW_1_0085

1200 sq. ft. of retail commercial space in growing commercial area of Hamilton. Good for office or all other commercial uses. For viewing and other information please call LBO. 0717_DJW_2_0019

0717_DJW_1_0006

D L O S Live and work in this newly constructed unit. 1100 sq. ft. retail unit plus basement and 1200 2 bedroom apartment upstairs. Close to highway, shopping, parks and on bus route. Call for details. 0717_DJW_1_0011

11G COM

legallyspeaking

Building or renovating commercial properties: construction liens 101

By Jayson Schwarz LL.M and Konstantine Chatzidimos

f you construct or renovate a property you should know about construction liens and how they can affect real estate. A lien is, simply, a claim against property. A construction lien is a special kind of claim created by a statute called the Construction Lien Act. These liens are used by people who do construction work or supply materials and/or services for the construction, repair or alteration of land or buildings.

12G COM

If you construct or renovate a property you should know about construction liens and how they can affect real estate. A lien is, simply, a claim against property. A construction lien is a special kind of claim created by a statute called the Construction Lien Act. These liens are used by people who do construction work or supply materials and/or services for the construction, repair or alteration of land or buildings. Lien rights do not replace, but add to any other rights suppliers or servicers may have for recovering their money at law. Among those who would ordinarily use construction liens are general contractors, trades people, surveyors, architects, designers and material suppliers. Construction liens encumber title to the property; effectively preventing the owner from mortgaging or selling it. The right to a lien arises as soon as someone provides services, work or materials to a construction site. The Act provides that this lien expires if it is not “preserved” – or registered – within 45 days after the last substantial supply of services or materials. Often times, the registration of the lien itself is sufficient to get the claim paid, unless, of course, there is a fundamental dispute about the sum owed. Even where the amount is in dispute, the party against whom the claim is made may pay the amount into court by cash or bond along with estimated court costs and the lien will be discharged with the parties battling it out later in court. If you then miss the period for registering your lien you can still sue in ordinary court. Registering a lien gives the lien claimant priority on title against any future mortgagee or owners of the property. This effectively prevents the property owner from mortgaging or selling the property without dealing with the lien claimant. Lenders will not provide construction money

or financing on a property that has outstanding construction liens unless arrangements have been made for the settlement or discharge of the lien. Further, a purchaser will not be obligated to close a deal unless lien claims have been dealt with and removed from the title. In the instance where the claim is filed and the lien remains unpaid, the claimant has an additional 45 days (meaning a total of 90 days after substantial completion) to register a Certificate of Action against the lands and premises. This means a lawsuit has been commenced. If this additional step is not taken, the claim will normally expire. Often, the expense of multiple court actions by workers on the same project can be avoided by a process called “sheltering” in which claimants proceed under the umbrella of one claimant and sometimes share the costs. Under the Act, anyone paying another party to work on a construction project, or to provide materials or services, must hold back 10 per cent of the amount owing until the time for filing all liens relating to the holdback has expired. Normally, all funds are released once the 45-day period for all parties has passed. Obviously, the termination of the 45-day periods will be different for all the parties, since their different stages of work and supply will have taken place at different times. Any individual who does not hold back the amount that they were supposed to, will still be liable for that amount and possibly more, if others further down the construction chain do not pay the amounts that they were supposed to. In the case of construction mortgages, the bank or lending institution will hold back 10 per cent of all money paid out until respective lien periods have expired. It is a good idea if you are considering registering a lien, to consult with your lawyer as soon as possible. Your lawyer will tell you what information you will need to register in a timely fashion. It takes time to prepare properly and register, don’t be late! In any registration process there can be glitches and things that need to be changed at the last minute. It is generally a good idea to plan to register by day 40 of the eligibility period in order to allow for any last-minute problems. The lien can be removed from title after either: its expiry for failure to perfect, a settlement in some fashion, payment into court by way of cash or bond, or a final judgment. There are costs and penalties for those who file false or inappropriate liens. The Lien legislation is complicated. The information above is simply an outline and not intended in any way to be a comprehensive analysis of construction lien law or actions that should be taken in any particular circumstance. If you wish to discuss construction liens or your particular construction lien problem we advise you consult a solicitor experienced in real estate law. Perhaps the most difficult part of writing these articles relates not to the actual writing, but thinking of a topic to address. Please mail, deliver or fax letters to the magazine or to us, use the website (schwarzlaw.ca), email (schwarz@schwarzlaw.ca), or phone us at 1-888-609-8888 and give us your questions, concerns, critiques and quandaries. We will try to deal with them in print or electronic form.

Konstantine Chatzidimos is a Toronto business and franchise lawyer and associate in the law firm Schwarz Law LLP. Jayson Schwarz LL.M is the senior partner at the firm.

13G COM

businesssavvy

Risks to financial stability largely unchanged, household vulnerabilities remain key concern

he overall level of risk to Canada’s financial system remains largely unchanged from six months ago, the Bank of Canada said recently in the Financial System Review (FSR). The Bank continues to highlight two key vulnerabilities related to Canadian households: high levels of indebtedness and housing market imbalances. A third ongoing vulnerability is the potential for fragility in fixed-income market liquidity. Nonetheless, the Canadian financial system remains resilient as the nation’s economy improves and financial reforms in Canada and worldwide progress. Since June, the proportion of highly indebted households has continued to rise in many cities, notably in the Greater Toronto Area. Nationally, house prices continue to increase relative to income, although significant regional divergences persist. Imbalances in some regional housing markets make it more likely that adverse economic shocks could cause large declines in prices. This buildup of vulnerabilities will be mitigated over time by new federal housing finance rules and other housing sector policies, which will dampen activity in the sector and improve the quality of new mortgages. While the impact of these measures will be concentrated in regions where house prices are the highest relative to income, such as Vancouver, Toronto and Calgary, they will also have important effects at a national level.

Since June, the proportion of highly indebted households has continued to rise in many cities, notably in the Greater Toronto Area. 14G COM

“These macroprudential policies will raise the underlying quality of household indebtedness over time, as well as financial institutions’ capital requirements and pricing criteria, which will make them more resilient to future shocks,” Governor Stephen S. Poloz said. “Accordingly, these policies will help mitigate financial stability risks over time.” In view of the household vulnerabilities identified in the FSR, the most important risk remains household financial stress and a sharp correction in house prices, triggered by a large and persistent nationwide rise in unemployment. The likelihood of this risk materializing, however, remains low. Other key risks are a sharp increase in long-term interest rates driven by higher global risk premiums, stress emanating from China and emerging-market economies, and prolonged weakness in commodity prices.

Don Rankin Broker

905-575-5478

donrankin@remaxescarpment.com

TRAINING CENTRE/MONEY MAKER TRAINING CENTRE/MONEY MAKERASKING $2,950,000

ASKING $2,950,000

0717_DJW_0017

0717_DJW_0018

0717_DJW_0020

0717_DJW_0019

Over 300 stalls, 1/2 mile training track (newly calibrated by Professionals), paddocks, walker, sand track, out buildings, 9 apartments, pond and a high occupancy rate, low tech, a great business to be in! Located in Campbellville just minutes from the 401 Hwy. and Mohawk Raceway, Flamborough Downs and a short drive to Toronto's Woodbine races. One of the premiere farms in the area for location, facilities, and convenience. High income potential (high occupancy) great upside possibilities. Almost a million dollars spent in upgrades in the last year. Over $55,000 per month income at present and growing. 8468583_0717

Oct 22 - Nov 19, 2016, Volume 16 Issue 10

Nov 19 - Dec 17, 2016, Volume 16 Issue 11

INCORPORATING FRANCHISE AND BUSINESS OPPORTUNITIES INCORPORA Full Coverage Area Including Windsor, Windsor Hamilton, Toronto, Niagara Falls, Kingston and Ottawa! 197 FREDERICK ST., KITCHENER

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Woodstock, 12,662 sq. ft. Industrial on .89 acre. M2 allows mfg/fabrication/ truck repair. Oversized drive-in doors. 7 ton crane. Asking $995,000. May consider a lease.

151-161 KING ST. N, WATERLOO, ON $6.9M

Meltem Koseleci, Sales Representative®

CHESLEY - RESIDENTIAL SUBDIVISION - $840,000

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Woodstock: Industrial Investment Properties for sale. Call for details.

John Whittaker, Broker Coldwell Banker Commercial Integrity Real Estate Inc., Brokerage 1155 North Service Rd. W. Suite 7, Oakville, ON Tel: 289-291-5074 Email: jwhittaker@cbci.ca

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

30 ACRES

FREE SUBSCRIPTION!

P: 519-743-5211 Ext: 3023

FC_5116 (COM)

519-590-7997

duncan@cmarealty.ca

neil@cmarealty.ca

FC_4316 (COM)

CMA Realty Ltd., Brokerage

519-578-0337

146-2 4875 41

Call Duncan McLean, Sales Representative

CMA Realty Ltd., Brokerage

146-2 4875 41

30 ACRES

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ER W LE PO F SA O

PORTFOLIO SALE - WATERLOO, ON

Advertising Sales Contacts

905.570.9283 1.800.268.0077

$30/SF

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Franchise & Business Opportunities

Lester Tobin, Sales Representa�ve E-mail: ltobin@coldwellbanker.com Coldwell Banker Commercial Peter Benninger Realty, Brokerage

Get The Commercial Investor delivered directly to your door! See inside for details P: 519‐743‐5211 Ext: 3023

E‐mail: Lester‐Tobin@coldwellbankerpbr.com

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

FOR ADVERTISING CALL DOREEN WILLS 905.570.9283 • 1.800.268.0077 Doreen.Wills@ypnexthome.ca 15G COM

SPOTLIGHT SECTION OVER 6 ACRES OF INDUSTRIAL ZONE (M1) PROPERTY All-Stars Realty Inc., Brokerage

Heather Ahrens SALES REPRESENTATIVE 0717_DJW_0631

0717_DJW_8000

With Apx 89 Ft. of road frontage on Main Country Rd 121 in Fenelon Falls. High traffic exposure. (705) 344-4235 CAMPGROUNDS FOR SALE Permitted uses under current zoning include Custom Wkshp, Industrial Mall, Warehousing, Dry Land office: (705) 887-7878 ext 24 Marina, Motor Vehicle Parts, Business/Professional Office, etc. Live & work from your very own property www.HeatHeraHrens.ca with a private country feel. Large shop & workshop area each aprox. 20x40 and fenced storage area. HeatherAhrens@remax.net Ajdacent to development property beside Cdn Tire. $849,000.00. MLS # X3678370. 11314728_0717

CAMPGROUNDS FOR SALE AS A CAMPGROUND REALTOR, I WILL GIVE YOU THE EDGE EXTENSIVE BUYER AND SELLER DATA BASE

*Independently Owned & Operated 871 Dundas St., Woodstock, Ont. 519.539.5646

IF I DON’T HAVE IT, I WILL FIND IT

Dave Bratt Sales Representative

dave.bratt@century21.ca Cell: 519.532.5375

• • • •

169 SITES + HOME + RESTAURANT ... LAKE HURON 73 SITES + 2 HOMES + 8.5 ACRES ... WOODSTOCK 45 SITES + MARINA + HOME ... MITCHELL’S BAY NEW LISTINGS PENDING ... NIAGARA + LAKE ERIE

Dave Bratt

Sales Representative

dave.bratt@century21.ca THE COMMERCIAL INVESTOR SPOTLIGHT COMMERCIAL PROPERTIES • BUSINESS OPPORTUNITIES • FRANCHISE OPENINGS & MORE! 519.532.5375 Woodstock: 871 Dundas St. | 519.539.5646

start your search here. 16G COM

11312340_0717

cell:

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11312437_0717

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Paul J. Szostak

Free CMA Evaluation

BROKER / C.- C.R.E.C. / A.S.A. / A.B.R.

with this cut out ad

stakteam@gmail.com

LAND DEVELOPMENT / INVESTMENT / BUY & HOLD FUTURE

905-333-3500 0717_DJW_3_0036

1019 WILSON ST ANCASTER

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.

$2,995,000 LAND AND BUILDING

0717_DJW_3_0033

0717_DJW_1_0048 BECKERS CONVENIENCE STORE

Fantastic turn key business for this New Beckers Fresh and Ready Foods with approx. 70K per month/gross. Huge lotto sales and cigarette sales along with high walk-in traffic. Immediate posession available for the right entrepreneur! MLS# H3179171

LAND AND BUILDING

0717_DJW_1_0032

$998,888

NEW PRICE $2,588,000 NEW PRICE for this excellent Ind/Mfg bldg that boasts approx. 6.2 acres. Bldg has leased areas with the opportunity to lease top level for office space. Priced to sell and a must see!! MLS# H3172917

NEW HOT PRICE $208,888

NEW LISTING 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

TALBOT STREET CAYUGA 0717_DJW_1_0039

0717_DJW_4_0036$65,777 BUILDERS DELIGHT

0717_DJW_4_0037 SELLING DISTINCTIVE LIFESTYLES

$158,888 REDUCED $1,950,000 "Builders delight" double lot (lots 15 & 16). Currently zoned residential single family with fantastic street view with some of the property bordered by a natural stream (Grand River Conservation) with beautiful views. Exclusive. 0717_DJW_2_0034 TONY'S PIZZA WINGS & MORE

Est. family bus for over 40 years. Spotlessly clean with a huge repeat clientele. Exc. opp to grow bus. Top of the link kit. chattels. Reduced to sell $108,888. MLS# H3182300

ESTABLISHED FAMILY BUSINESS

$65,777

Offering once in a lifetime very affordable Residential Rural Building Lot with all the necessary amenities within a ten minute drive. Also only minutes walk to the Waterfront and beaches of Port Maitland @ Lake Erie which can be viewed only a block away. This growing and developing area offers a huge amount of future growth and has been a nonstop growing place uncovered by the 17th and 18th century history that follow Port Maitland and its creation thereof. Take a drive and experience the solitude of such a wonderful quaint and quiet area to be enjoyed by the lucky purchaser of such a wonderful Building Lot! 350 Lighthouse Drive. Exclusive.

0717_DJW_2_0048 415 #6 HWY S HAGERSVILLE

$58,888 So come out on a nice Sunday or weekday drive to view the lake and walk the property. Over an acre of land and minutes to water, beach, Freedom Oaks Golf Club, public visitors parking area, and views of the historic Port Maitland. Only 5 minutes to beach area & only 5-7 minutes walking to golf course from these year round serviced roads to this building lot. 1.09 acres located at the corner of Johnson Rd & Lighthouse Dr. 416 Lighthouse Drive. MLS# H3169646 EXCELLENT HOBBY FARM 0717_DJW_1_0031 $7,888,888

$488,888 "Buy and Hold Investment Opportunity" Fantastic agricultural property consisting of 31.15 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

70+ ACRES

D L SO HOT NEW LISTING Excellent farm or hobby enthusiast with over 70+ acres of rolling lands and beautiful stream/creek running the elevated lower lands. Great opportunity to build a private estate home located just minutes from golf course. A must see! MLS# H3191424 17G COM

COMMERCIAL, REAL ESTATE & BUSINESS OPPORTUNITIES 10228647_0717

Bill Bradley

Sales Representative

416.258.6866

Independently Owned & Operated

exitwithbill@gmail.com

Unit 2, 1240 Speers Rd., Oakville ON 416.258.6866 0717_DJW_4_0033

0717_DJW_1_0054

Here is a lovely hotel made into a 113 suite Retirement Home on 11 floors in downtown Niagara Falls. Walking distance to the new casino and the Falls.

57,700 SQ. FT. RETAIL COMMERCIAL PLAZA On 5.2 acre site. Plus 260+ parking spaces available for 30 stores. Ready to build. Asking $2,700,000 AND completely built, ready for renters. Asking $12,800,000.

RETIREMENT HOME

$14,900,000

0717_DJW_2_0067

PARADISE IN GRENADA

5 star hotel with 7 suites plus a restaurant bar on the beach. Hotel booked full. Buyer could build on to the hotel with an OK.

ASKING

$2,900,000 AMERICAN

0717_DJW_0040

450 BRONTE STREET OFFICE SPACE FOR LEASE

Here is a very good small office in a newer area of Milton, On. Looking for a pofessional tenant for this 600 sq ft or 816 sq ft office space on the 2nd floor. Has a front and back entrance.

$20.00

MONTH SQ FT

49 Acres of Commercial Land for Sale, Milton At southwest corner of Britannia Road and Tremaine Road. Call Bill Bradley.

$700,000 per acre

Call Bill Bradley for Strip Plazas $1,000,000 to $15,000,000.

Buyers Only

Call Bill Bradley for Retirement Homes and properties that could be changed into Ret. Homes

Buyers Only

COMMERCIAL Davinder Bhatia, B. com & IMA Certified Member Direct: 647-237-8465 • 905-897-8480 • Dsbhatia22@gmail.com Specializing in: Commercial and Investment property mortgages, business loans, residential, investment and rental property financing, arranging syndicate financing for retirement homes and projects.

Commercial Team In Canada! *

+ **

COMMERCIAL www.PBcommercialteam.com ** Sales Representative + Broker

0916_DJW_3_0071

MAIN/DANFORTH - MEDICAL CENTRE LEASE SPACE

LIMITED TIME!

0916_DJW_3_0071

Investment/user opportunity, in prime downtown Stouffville! Two units, one tenanted, 2560 sq. ft, drive-in doors, washroom, kitchen, high ceilings, lots of parking, and move-in ready. Zoned for office, retail, warehouse, light industrial. Principals only. $588,800.

Steal of a deal! Price reduced $60,000 for immediate sale! Prime location in busy Dixie Park Centre with free parking! Two units, total 1,450 sq. ft., one with offices and reception area. Great for investor/user! Use one, lease the other! Must be seen! $258,800. Call Matt: 647-500-7708 or George: 416-554-7653 0717_DJW_1_0001

STOUFFVILLE INVESTMENT

DIXIE/HWY 401 - PROFESSIONAL CONDO DEVELOPMENT

Excellent Terms for Family Physicians! Call Now Limited Time! First class medical centre at Main/Danforth Subway. Office space available for private practice or physician clinic environment, turnkey, work on % of gross billing! Bldg includes pharmacy; radiology, ultrasound, medical labs; & physiotherapist! Free Rent period. $10/Sq Ft Net. Call George 416-554-7653. 0717_DJW_1_0118

0916_DJW_3_0071

STOUFFVILLE WAREHOUSE + OPPORTUNITY

0717_DJW_0010

0916_DJW_3_0071

LAKEFIELD FAMILY RESTAURANT

0916_DJW_3_0071

MARKHAM LEASE OPPORTUNITY

0916_DJW_3_0071

KENNEDY RD - RETAIL/ OFFICE SPACE

0717_DJW_0011

0916_DJW_3_0071

Turnkey operation, 8 years established, easy menu or add your own, fully equipped and includes pizza oven, seating for 68 + 48 patio, good lease terms+++ $248,900. Call Peter: 416-606-7882 0717_DJW_1_0035

COMING SOON TO MARKHAM!

PLAZAS PLAZAS PLAZAS PRINCIPALS ONLY

ATTENTION INVESTORS! 21%+ ANNUAL RETURNS!

• $18 Million – Major Bank and National Tenants!

U CL

Prime ground level retail space in busy plaza just north of Steeles & Kennedy. Featuring 1,775 sf., rectangular-shaped floor space, one bath, Kennedy exposure, lots of parking! $16.95/Sq. ft. Net. Also, prime 722 sf office space, great signage! $24.85 sq. ft. gross. Call Matt: 647-500-7708

Brand new townhouses in Markham's historical community of Armadale. Featuring 2-3 bdrs, 2 bath units, 1-2 car-garages, approx. 2,000 sq. ft.+++ Contact George Politis for details: 416-554-7653. 0717_DJW_1_0084

0717_DJW_1_0060

• Single Family & Condo Developments

• $4-8 Million – Free-standing, Shoppers, LCBO, 5 CAP!

• Projected Returns Exceed 21% per Year

• Call George Politis 416-554-7653 or a member of the Politis Brienza Team for information on Plazas!

• RRSP, TFSA, LIRA++ Eligible

• Partner with Top-Tier GTA Developers • Get Developer Returns! • Call George Politis 416-554-7653

11276415_0717

Prime Stouffville location, right on Hwy 48 on 4.4 acres with 500 ft. frontage! 4500 sq. ft. warehouse with 1200 sq. ft. showroom and office above. Principals only. $4,500,000.

Prime Markham lease opportunity, 19th Line/16th Ave location with Bur Oak exposure. 700 sq. ft. on main level. Great space for doctor, lawyer, accountant, variety store, hair salon, clothing store, a real estate office etc. $1200/month plus shared utilities with upper tenants. Please call Peter: 416606-7882. 0717_DJW_1_0036

www.PBcommercialteam.com | Gpolitis@ThePBTeam.com 5071 Highway 7 E., Markham ON L3R 1N3

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

19G COM

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