Featuring: Commercial•Industrial•Franchise+Business Opportunities
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July 20–August 31, 2019 Volume 19 | Issue 8
Full Coverage Area Including: London • Kitchener • Niagara Falls • Hamilton • Toronto • Ottawa LARGE AND SMALL APARTMENT BUILDINGS WANTED D TE AN W
D E T N WA
5470 Harvester Road
W AN TE D
SOLD BY WINCORP REALTY INC. • Large and Small Apartment Buildings anywhere in Ontario • Have many CASH Buyers ready to invest NOW • Specializing in multi-residential sales for over 40 years • References supplied • Confidentiality guaranteed CONTACT: WINSTON DAVIES, BROKER OF RECORD WINCORP REALTY INC. REAL ESTATE BROKERAGE GUELPH, ON TEL: 519-836-2080 EMAIL: wjmdavies@rogers.com
$5,780,000
A rare opportunity to own a free standing building fronting on Harvester Road just west of Burloak For more information: Michael Babbie Sales Representative Cell: 647-272-5899 Email: mbabbie@cbci.ca
Michael Schuler Senior Vice President & Partner Cell: 416-274-7467 Email: mschuler@cbci.ca
$1,588,888 | MLS# H4048023
6-214-4875 41
Check daily for new real estate opportunities or you can be missing doing business. WORLD REAL ESTATE INFORMATION LISTING SERVICE.COM
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Selling “Distinctive Lifestyles” A Must See !!! Truly an artist’s tranquil dream location with amazing settings in all seasons. They all have amazing nature at its finest. Transform the gorgeous and elegant yoga studio into an art studio and just start painting!! You will love the heated floors and oversized views. CONTACT: PAuL J. SzOSTAk, BROkER RE/MAX REAL ESTATE CENTRE INC., BROkERAGE TEL: 905.333.3500 EMAIL: stakteam@gmail.com
201–8 Sampson Mews Toronto, Ontario, M3C 0H5 416–979–0333
THE REAL ESTATE CENTRE FOR SALE
FOR SALE
239 & 235 GREEN STREET LOT 2 & 3—BURLINGTON, ON
FOR SALE
1 2 COLBORNE STREET ORILLIA, ON
54 TIMMINS CRESCENT CHATHAM, ON
• Located at the intersection of Lakeshore Rd and Green St • Minutes to Downtown Burlington and the Waterfront. • Estimated building foot print of 2000 sqft per floor • Max of 2.5 Floors above ground • Current zoning R3.2 • Will be serviced by the seller before the completion • Buy both lots to make a total lot size of 122’ x 121’ • Long list of recreation facilities within a 20 minute walk • Seller willing to hold a VTB
• Located on the North side of Colborne Street, East of West Street N • 18 Unit turn-key multi-residential building • Net operating Income of $199,833 • Newly renovated main floor with new flooring, cabinetry, appliances, counter tops • New self-contained heating & air units • Exterior include newer windows, doors, balconies, railings • Consists of 7 - 2 bedroom units & 11 - 1 Bedroom units • 0.4 of a km from newly developed Matchedash Lofts • Walking distance to restaurants, supermarkets, shops +
• 12 unit multi-residential building • Estimated net operating Income - $51,890 • Located just minutes to downtown Chatham, • Surrounded by a host of amenities. • Approximately 20 dedicated parking spaces. • Average property values are up 31% front the municipal average • Upgrades include new windows, doors, roof and high efficiency thermostats. • Can be sold as a portfolio with 220-222 St. Clair Street
$1,010,000–$1,025,000
$3,650,000
$950,000
FOR SALE
SOLD
FOR SALE
588 CONCESSION STREET HAMILTON, ON
220-222 ST. CLAIR STREET CHATHAM, ON
19 CHURCH STREET TORONTO, ON
• Amazing high exposure corner of Concession St /East 23rd • Lot Size = 25 ft x 60 ft • Forced air furnace/roof top AC • 100 Amp Service • Recent flat roof/soffit (2015) • Exterior overhang sidewalk sign (grandfathered-in) • Eligible for up to $12,500 of city funding towards updating windows/facade/signage • Recent street infrastructure improvements • Monthly late night music/shopping event in the warmer months
• 20 unit multi-residential building • Estimated net operating Income - $142,083 • Features an additional two commercial retail units. • Minutes to downtown Chatham, and surrounded by a host of amenities. • 20.2% higher than the average municipal growth. • Approximately 80 dedicated parking spaces. • Recent upgrades including new windows, doors, roof and high efficiency thermostats. • Can be sold as a portfolio with 54 Timmins Crescent
• Once in a life time opportunity to buy a Lounge/Club • Speak-Easy style Lounge in the Financial District • Liquor License For 140 Capacity. • Stunning Upgrades Throughout The Space. • Great Clientele, Established Player • All Chattels Included • Priced For A Quick Sale • Option for VTB
$440,000
$2,600,000
$299,990
JACOB CAMPAGNARO
Sales Representative
905.599.3460 jacob@reccanada.com
KARAM NABAHANI Sales Representative
647.527.9444 karam@reccanada.com
Visit recanada.com for more information Not intended to solicit those already under contract with another REALTOR®.
2
AVAILABLE
INVESTMENT OPPORTUNITIES SOUTHWESTERN ONTARIO INVESTMENT TEAM
AGRICULTURAL LAND Thames Centre, Ontario + + + +
96.34 acres cleared land Former gravel pit, ready for agricultural use Picturesque rolling landscape Asking $1,350,000
+ Office space/Restaurant Ownership + Typical units range from 360 Sq. Ft. + Cost effective turnkey solution/purchasers can build out their own space
David Yanoshita* 519 286 2020 david.yanoshita@cbre.com
+ ±2.0 acre site in an established neighborhood + ±3,200 Sq. Ft. former church on the property + Development potential: townhouses or a 4-5 storey apartment building
Joe Benninger* CCIM 519 340 2323 joe.benninger@cbre.com
FULLY LEASED PLAZA Kitchener, Ontario + + + +
London 380 Wellington Street, Suite 30 N6A 5B5 T 519 673 6444 F 519 673 6948
FULLY LEASED PLAZA Cambridge, Ontario + Recently updated 9,010 Sq. Ft. strip plaza & 2,488 Sq. Ft. Starbucks drive-thru directly off Hwy 401 + Contracted Net Operating Income: $256,199.94 + Asking Price: $2,750,000
Mel de Oliveira** 519 340 2311 mel.deoliveira@cbre.com
+ + + +
Waterloo Region 72 Victoria Street S., Suite 200 N2G 4Y9 T 519 744 4900 F 519 571 9315
2.57 & 6.78 acre parcels for sale North side of commissioners road east High growth node of London At entrance of new residential subdivision
David Yanoshita* 519 286 2020 david.yanoshita@cbre.com
+ Four renovated residential units & one commercial unit + ±0.065 acre building located in Downtown Guelph + Owner/user opportunity with main floor available 08/19
James Craig* 519 340 2330 james.craig2@cbre.com
Chris Kotseff* 519 340 2321 chris.kotseff@cbre.com
MEDIUM & HIGH DENSITY DEVELOPMENT LAND London, Ontario
URBAN MIXED USE OPPORTUNITY Guelph, Ontario
High-traffic, high-exposure location 15,936 SF; 0.96 acres Upside on rents; WALT: 3.8 years New zoning encourages high-density development
Joe Benninger* CCIM 519 340 2323 joe.benninger@cbre.com
+ 28,309 Sq. Ft. fully leased property + Well positioned, with quick highway access in Kitchener + Close proximity to numerous amenities
Mitchell Blaine* 519 340 2309 mitchell.blaine@cbre.com
Todd Cooney**, SIOR 519 340 2315 todd.cooney@cbre.com
MEDIUM DENSITY DEVELOPMENT SITE Guelph, Ontario
Martin Cote* 519 340 2317 martin.cote@cbre.com
FULLY LEASED COMMERCIAL ASSET Kitchener, Ontario
BOUTIQUE OFFICE CONDOMINIUMS Kitchener, Ontario
COMMERCIAL DEVELOPMENT LAND London, Ontario + + + +
1.46 acre commercial land 20,000 vehicles per day on Wharncliffe Road S Active residential & commercial development Ideal for medical/dental and many other uses
David Yanoshita* 519 286 2020 david.yanoshita@cbre.com
Windsor 3200 Deziel Drive, Suite 110 N8W 5K8 T 519 252 4095 F 519 252 7554
www.cbre.ca * Sales Representative ** Broker
This disclaimer shall apply to CBRE Limited, Real Estate Brokerage, and to all other divisions of the Corporation; to include all employees and independent contractors (“CBRE”). The information set out herein, including, without limitation, any projections, images, opinions, assumptions and estimates obtained from third parties (the “Information”) has not been verified by CBRE, and CBRE does not represent, warrant or guarantee the accuracy, correctness and completeness of the Information. CBRE does not accept or assume any responsibility or liability, direct or consequential, for the Information or the recipient’s reliance upon the Information. The recipient of the Information should take such steps as the recipient may deem necessary to verify the Information prior to placing any reliance upon the Information. The Information may change and any property described in the Information may be withdrawn from the market at any time without notice or obligation to the recipient from CBRE. CBRE and the CBRE logo are the service marks of CBRE Limited and/or its affiliated or related companies in other countries. All other marks displayed on this document are the property of their respective owners. All Rights Reserved.
3
COMMERCIAL OPPORTUNITIES FARM/VACANT LAND
OFFICE/RETAIL
SOUTHWESTERN ONTARIO
141 Wortley Rd, London, ON
: $1,290,000.00
Andrew Johnson* Brent Rudell***
14143 Medway Rd, Arva, ON
: $5,700,000.00
Andrew Johnson*
Brent Rudell*** 519.931.5608
Jameson Lake*
EXCLUSIVE
Asking: $3,650,000.00
Andrew Johnson* 519.438.8639
andrew.johnson@cushwakeswo.com
Brent Rudell*** 519.438.5608
brent.rudell@cushwakeswo.com
• 4 Commercial Units and 1 on Oxford Street East and Residential Unit • Available Space: Adelaide Street North 9,501 SF (Commercial) + two • Taxes: $67,645.36 (2019) • Current NOI: bedroom apartment Approx. $198,000/year • Zoning: AC4(15)
2040 Blue Heron Dr, London, ON
Asking: $825,000.00 David Jongerden* 519.438.9125
david.jongerden@cushwakeswo.com
• 0.905 Acres • Total Building: 4,100 SF • 3,100 SF - showroom/ • 1,000 SF - warehouse (in a mobile unit) • Zoning: LI 1(3) • Taxes 2018: $20,139.63 • Includes a partly fenced yard with plenty of land to expand or develop • Corner site in highly sought after NW London location
MULTI-INVESTMENT
583-589 Oxford Street East, London, ON
REDUCED PRICE
WAREHOUSE/OFFICE
• Over 16,000 SF of
400-410 Queens Ave, London, ON
Asking: $2,295,000.00 Tyler Desjardine* 519.438.5403
tyler.desjardine@cushwakeswo.com
RESIDENTIAL DEVELOPMENT
MULTI-TENANT INVESTMENT
brent.rudell@cushwakeswo.com
• Draft plan approved Residential Development Land • Zoning: R3-42 & R5-35
EXCLUSIVE
• • Yarmouth Heights Estates, St. Thomas, ON •
Asking: $5,500,000.00 David Jongerden* 519.438.9125
david.jongerden@cushwakeswo.com
Gary Pollock** 519.931.2174
gary.pollock@cushwakeswo.com
•
land in dense residential neighbourhood of St. Thomas Taxes: $4,360.11 (2018) Total of 18.837 acres Development approved for 106 single detached dwellings and 2 Blocks (Block 1 and 2) for 42 Townhouse units City services available to both parcels
519.438.5588 www.cushwakeswo.com
620A Richmond St, 2nd Floor, London, Ontario N6A 5J9 *Sales Representative **Broker ***Broker of Record
©2019 Cushman & Wakefield Southwestern Ontario, Real Estate Brokerage, Independently Owned and Operated. A Member of the Cushman & Wakefield Alliance. This information has been obtained from sources believed to be reliable but has not been verified. No warranty or representation, express or implied, is made as t o the condition of the property (or properties) referenced herein or as to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any spe cial listing conditions imposed by the property owner(s). Any projections, opinions or estimates are subject to uncertainty and do not signify current or future property performance. All rights reserved.
4
BURLINGTON CL CO OSE TO MM CE UNIT NT Y RE
S TA EA R TR LEA C
• This Property is Being Offered to the Market in a Bid Submission Process • Information Package to be Provided upon Signing of a Confidentiality Agreement • Additional Income Sources include Parking, Laundry and Enercare Submetering
• 1 x Bachelor 10 x One Bedrooms 23 x Two Bedrooms • Large Corner Lot • Upside in Rents on Turnover • Thermo Windows (1997) • Large Balconies • Treat Financing as Clear
WN TO WN ION DO CAT LO
• This Property is Being Offered to the Market in a Bid Submission Process • Information Package to be Provided upon Signing of a Confidentiality
O ON OD TU UPS RN IDE OV ER
• 4 x One Bedrooms 20 x Two Bedrooms • Owner Pays for All Utilities • Steel Sloped Roof • 4.7% CAP • 10.4% R.O.I. with 25% Down • Treat Financing as Clear
24 Suites
• 10 x One Bedrooms 10 x Two Bedrooms • Upside in Rents on Turnover • Located near St. Joseph’s Hamilton
• Other improvements include concrete restoration, elevator repairs, toilet replacements and domestic water
• New Balcony Railings in 2018 • Tenants pay their own Hydro • Treat Financing as Clear
20 Suites
BELLEVILLEG
• Asking $2,495,000 • Asking $103,958 per Suite • Owned by Same Owner for 30 Years • Centered in Beautiful Residential Neighborhood • Ample Surface Parking for Tenants & Visitors • Electric Baseboard Heating
KITCHENER
TR E CL AT A EA S R
Hospital in Downtown
Agreement
34 Suites
S TA EA TR LEAR C
HAMILTON
OSHAWA ND HE A RT AW NO OSH F O
• Asking $1,250,000 • Asking $208,333 per Suite • Located in Quiet Residential Neighborhood close to All Amenities • Large Rental Units with Good Upside on Turnover • Beautiful Landscaping done by Tenants Yearly • Electric Heating through Radiant System
• Asking $1,325,000 • Tenants Pay Their Own Hydro • New Steel Roof - Approx 6 Months • Approx $130,000 Spent on Plans & Permits; Approved for a Total of 10 Units including Original Structure • If Buyer Prefers, Seller Willing to Build & Complete the 6 New One Bedroom Units (in which case price is to be negotiated)
VE
ND O TO R W FIN HO ILLIN AN LD G CIN G
• 4 x One Bedrooms 1 x Three Bedrooms • Property is Approximately 5 Minutes Walk from Google Facility & 8 Minutes Walk to New Transit Hub • Approved Plans Include Private Driveway, 10 Parking Spaces & Laneway Access/Exit • Treat Financing as Clear • Seller open to VTB 1st Mortgage
5 Suites + Development
TU PR RNK OP EY ER TY
• 1 x One Bedrooms 5 x Two Bedrooms • Additional Opportunities; Inquire for more Information • Treat Financing as Clear • VTB 2nd Mortgage may be Available to Qualified Buyer.
6 Suites
T EN LL N CE TIO EX OCA L
OSHAWA L RA N NT CE ATIO C O L
• Asking $3,900,000 • Asking Asking $144,444 per Suite • North of Highway 401 with
P RE OTE NT NT A I ON L UP AL TU SID RN E
• 8 x One Bedrooms 19 x Two Bedrooms • Built & Owned by the Same Family since 1966
• Excellent Proximity to Amenities
• Locker Room & Laundry Room on Each Floor
• Elevator with Upgraded Mechanicals 2011
• 4.0% CAP Rate
• 5.9% R.O.I. • Video Surveillance in Place • Treat Financing as Clear! • Tar & Gravel Roof Replaced • No VTB Available about 4 Years Ago • Buyer to Arrange Own • First Floor Terrazzo with Financing Other Floors Carpeted
27 Suites
5
Robert Di Loreto B.A., MVA Broker D: 519.657.9970 | rob@robdiloreto.com O: 519.672.9880 | www.robdiloreto.com
Award Winning Real Estate Excellence since 1985!
View Our Magazines On any
DigiTaL DeViCe anytime, anywhere! Published by:
180 MAIN ST, GLENCOE - $249,900 First time offered for sale! Beautiful & character filled church building & land on high visibility corner lot. Curb appeal & breathtaking interior w/ original woodwork, finished basement w/kitchen facilities, community rooms & offices. Just rezoned for C2 commercial uses. Great opportunity & potential. Showings by appt only w/24hours notice. Contact Municipality of Southwest Middesex for zoning uses.
Now you can view all Commercial Investor magazines online using any smartphone, tablet or desktop device.
TheCOMMerCiaLinVesTOr.Ca
Investment OppOrtunIty - student resIdent pOrtfOlIO 1098-1100, 1084 main street West, Hamilton • Three separate properties along Main Street West • Prime Westdale location close to McMaster University • Complete conversion/ renovation in 2014 • Total of 52 beds, approximately 0.351 acres • 35 parking spaces • NOI $246,700.00 • Full A/C and sprinkler systems Asking Price: $5,750,000
CONTACT JOHn macnamara, SAleS ReP. (exT. 211) OR paul marIuttI, SAleS ReP. (exT. 212)
6
10-14 PRINCESS ST E, WATERLOO
$ 1,590,000
• Two residential properties with redevelopment potential in great Uptown Waterloo location • 0.125 acres of land • Zoned U1-81 Uptown Commercial Core with opportunity to mix commercial on ground floor and residential above • If purchased as part of a land assembly could qualify for between 12 - 55 units • Convenient location close to LRT, shopping, restaurants, recreation, park and schools • Easy access to Highway 85 and 7 with connection to Highway 401 • MLS and Exclusive • Call Duncan McLean
$599,900
1257 KING ST E, CAMBRIDGE
• Rare 0.237 acre multi-family residential development land in Preston • Underground parking design fits topography
• Apply For Permits and Build in Woodstock! • 18 unit residential fully serviced, condo development site • Steps to new hospital and Fanshawe College Woodstock Campus • Site Plan approved with floor plans, geotech and all studies • MLS • Call Ryan Briggs
$1,095,000
193 WATER ST S, CAMBRIDGE
• 4.84 acres of natural open space land • Currently zoned OS1 • Close to the Grand River and Churchill Park • Pre-Consultation document proposing low to medium density residential with between 40 - 48 units is available • MLS • Call Duncan McLean
$489,000 925 EVENS POND CRESCENT, KITCHENER
445 DRUMMERHILL CRES, WATERLOO
• Potential for 7 to 22 units • Convenient location for transit, shopping, park & hospital • MLS • Call Duncan McLean
• Raised Bungalow with legal accessory apartment and two Class A rental licenses • Main floor three bedroom unit and basement one bedroom apartment are awaiting a new owner to occupy or pick your own tenants • Shared laundry with coin operated machines • Great family oriented neighbourhood • MLS. • Call Christina Rooney 519-654-2408
$379,900
#3 - 35 CHERRY BLOSSOM RD, CAMBRIDGE $149,900
255 NORTHFIELD DR, WATERLOO
• 20 year old established catering business • State of the Art industrial kitchen with storefront cafe • Business includes contracts and assets • Financials etc. are available for qualified buyers • MLS • Call Christina Rooney 519-654-2408
• High visibility corner of Bridge & Northfield • 1,000 - 9,505sf inline and pad sites, one with drive through potential, to be constructed • MXC zoning permits
11 LANG CRES, KITCHENER
• 0.154 acre Residential Building Lot • 65ft frontage by 102ft deep lot • Existing house in need of major renovations • R-3 Zoning
$1,250,000
466 FINKLE ST, WOODSTOCK
• Great location with easy access to Expressway and Uptown Waterloo • Design & build your dream home in mature neighbourhood • MLS • Call Ryan Briggs
#106-191 KING ST S, WATERLOO
$15/SF
$27/SF 1120 VICTORIA ST N, KITCHENER
• 2,135sf retail unit available at Bauer Marketplace in Uptown Waterloo • $27/sf rent plus $10.50/sf CAM • Great location close to Mark Nunes, Bauer Kitchener, Vincezo's, etc. • Zoning allows many retail and office uses. • Exclusive • Call Duncan McLean
• 2,622sf retail/office unit for lease • Join tenants the Beer Store, Casey’s Bar & Grill, Subway, Holy Guacamole and many more
519.578.0337
CELL:
519-741-6594
Neil@cmarealty.ca
CELL:
many uses • Complex will include 250 residential units • Convenient access to expressway, shopping, restaurants & transit • MLS • Call Duncan McLean
519.498.5775
$5.75/SF
DUNCAN MCLEAN Sales Representative
Sales Representative
Ryan@cmarealty.ca
$25-$40/SF
• 2968 sqft industrial unit with approximately 625 sqft finished office for Sublease until April 2020 • Dock level loading door, good truck access, good on site parking, sprinklered building • King St. N. exposure • Current zoning allows many uses • Ready to move in • MLS • Call Duncan McLean
RYAN BRIGGS
Broker of Record
onto SWM pond & Community Trail with easy access to Highway 401 • Build your dream home in this exclusive neighbourhood • MLS • Call Ryan Briggs
#20 - 60 BATHURST DR, WATERLOO
• 600sf Office on main floor also available, ideal for personal service or medical • Exclusive • Call Duncan McLean
NEIL KOEBEL KITCHENER, ONTARIO
• 0.173 acre Residential Court Building Lot in Doon South • 57ft frontage by 102ft pie shaped lot • R-3 Zoning • Great location backing
$480,000
CELL:
519.590.7997
Duncan@cmarealty.ca 7
Land Exchange Ltd. Brokerage Independently Owned and Operated 262 Josephine St., Wingham www.remaxlandexchange.ca Office: 519-357-3332
RENATE SIEBER-SCHLEGEL Broker of Record
Cell:
519.531.1177
INDUSTRIAL BUILDING LOTS – BRUCE ENERGY CENTRE FO
R
SA
LE
LOT 2-1 Farrell Drive, Tiverton/Kincardine – 8.81 acres LOT 6-1 Farrell Drive, Tiverton/Kincardine – 9.07 acres LOT 11-1 Farrell Drive, Tiverton/Kincardine – 7.31 acres LOT 12-1 Farrell Drive, Tiverton/Kincardine – 7.75 acres USES: Bulk Fuel Depot, Contractor’s Yard, Greenhouse, Industrial Training Centre, Industrial Use, Service Establishment, Transport Depot, Warehouse. PT LOT F Concession 4, Tiverton/Kincardine – 10 acres USES: Automobile Car Wash, Automobile Gas Bar, Automobile Service Station, Restaurant, Convenience Store, Warehouse.
DESIGN BUILD BUSINESS COMBINATION Office / Industrial / Warehouse Complex for long term lease available 191 SUNCOAST DRIVE E, GODERICH
69323 RICHMOND STREET, CENTRALIA E AS LE R FO
FO
R
SA
LE
$379,900 1.43 acres prime commercial lot with municipal services at lot line, close to industrial park and residential development, many permitted uses e.g. auctions sales, automotive, warehouse, restaurants, kennel, retail store, clinics and many more. Great location with lots of visibility.
Prime industrial space between Exeter and London on Highway 4, lots of parking, steel building lots of office space, warehouse, loading docks, and much more - available as of January 1, 2020.
165 KINCARDINE HIGHWAY, WALKERTON
FO
R
LE
AS
E
INDUSTRIAL*
8
214,810 sf of manufacturing facility including 32, 880 sf of bright office space. Situated on 21.19 acres at the intersection of Highway 4 and 9 in Walkerton. Power – 4,200 amp substation, municipal sewers and water, 9 loading docks, fully fenced yard. This property is available for immediate possession. Approximately 183 km north west of Toronto and 47 km south east of Bruce Power.
contents 12 18 22 24
INVESTMENT
Trends in GTA tech office leasing: Colliers Spark Report
BUSINESS REPORT
Small business confidence up in June: CIBF Biz Barometer
INVESTOR INSIGHTS
Pre-construction condos are a great investment
32 34 36
LEGALLY SPEAKING
Short-terms rentals: Learn the rules before listing a property
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August 31, 2019 ADVERTISING DEADLINE:
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August 21, 2019
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REGIONS Kitchener, Waterloo & Guelph ............. 10 Southwestern Ontario ...........................18 Hamilton ...............................................19 Greater Toronto Area.............................23 Central Ontario ......................................34 Niagara .................................................35 Eastern Ontario .....................................37 Business Investors ................................38
TORONTO GUELPH KITCHENER/ WATERLOO OTTAWA
LONDON HAMILTON NIAGARA
MEDIA CONSULTANTS
TORONTO Yhanique Facey GUELPH 1.866.536.2606 KITCHENER/ Daphne Kua WATERLOO 1.866.532.2593 PRESIDENT & PUBLISHER HAMILTON Leo Racioppo leo@mediaclassified.ca
NIAGARA
CHIEF OPERATING OFFICER John Racioppo john@mediaclassified.ca
ACCOUNTING INQUIRIES accountingteam@mediaclassified.ca CIRCULATION INQUIRIES distributionteam@mediaclassified.ca
EDITOR Marlene Eisner DIRECTOR OF PRINT MEDIA Lauren Reid-Sachs GRAPHIC DESIGNER & COORDINATOR Alicesa Pullan GRAPHIC DESIGNERS Sandra Hanak, Tammy Leung, Johannah Lorenzo, Mike Terentiev, Kathleen Walker, Alice Wu, Hannah Yarkony All submissions from interested parties will be considered. Please submit to the editor at editorial@ mediaclassified.ca
HEAD OFFICE 610 Applewood Crescent, Suite 401, Vaughan ON L4K 0E3 T: 905.761.3313 | Toll Free: 888.761.3313 | F: 905.761.5038 E-mail: info@thecommercialinvestor.ca Website: thecommercialinvestor.ca Copyright Notice All copyright and other intellectual property rights in the contents hereof are the property of Commercial Investor, and not that of the individual client. The customer has purchased the right of reproduction in Commercial Investor and does not have the right to reproduce the ad or photo in any other place or publication without the previous written consent of Media Classified Corporation. Contents of this publication, in hard copy format as well as online, are covered by copyright law, and offenders will be prosecuted. Copyright 2019. All rights reserved. Reproduction, storage in a retrieval system or transmission, in any form or by any means, whether electronic, mechanical or otherwise, in whole or in part, without prior written permission of Media Classified Corporation is strictly prohibited.
Kitchener/Waterloo Guelph & Cambridge
519.742.7000 www.coupalmarkou.com
SALE
170 univerSity avenue WeSt, Waterloo
43690 elora Street, cliFFord
SALE
529-533 exmouth Street, Sarnia
SALE
D L o S
• Business Opportunity, well established franchise • Excellent income for owner/operator, with sales exceeding most fast food restaurants • 1,659 sq ft • $549,000 MLS
SALE
353 Bridge Street eaSt, Kitchener
SALE
• Easy access to Kitchener, Waterloo and Guelph • High percentage of office areas plus warehouse • 12,908 Sq. Ft. on 0.98 acres • $2,429,000 MLS
SALE
• Building is in great condition with septic tank upgrade 3 years ago. • Restaurant has AC, Operating as a restaurant for more than 30 years. • 3,700 sq ft • $625,000 MLS
1250 FiScher hallman road, Kitchener
eR D n t U c A ntR o c
• High density development site at the intersection of Fischer Hallman & Bleams Road • Located next to grocery anchored plaza • 1.97 acres • $5,900,000
MLS
197-199 dundaS Street, london
MLS
Le
MLS
534 QueenS avenue, london
SALE
• Downtown Office Investment Opportunity • Excellent opportunity for a user to occupy 12,000 sf and enjoy revenue from a government tenant • 20,194 sq ft on 0.228 acres • $2,900,000
SALE
• Fully leased commercial investment opportunity • 50% occupied by Service Ontario • 15,360 sq ft on 0.927 acres • $2,000,000
417 exeter road, london
• Historic mansion with purpose built additions • Single tenant investment property, leased to Canadian Mental Health Association, Middlesex • 19,000 sq ft on 0.582 acres • $3,200,000
MLS
SALE
D e AS
• Office Investment Opportunity • 65% of the building leased to Government tenants • 7% cap rate on existing income • 35,222 sq ft on 2.567 acres • $9,000,000 MLS
1314 FiScher hallman road, Kitchener
• High density residential development site to be severed from new grocery anchored retail development, Spring 2019 start. • Preliminary designs for 418 suites in 3 buildings • 4.81 acres • $10,580,000
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
MLS
connect
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
10
COMMERCIAL INVESTOR | Commercial Real Estate & Business Opportunities
July 20–August 31, 2019
Kitchener/Waterloo Guelph & Cambridge
519.742.7000 www.coupalmarkou.com
LEASE
manitou / Fairway oFFice spaces, Kitchener
25 inDustrial Drive, elmira
LEASE
L • Second Floor Office units in high traffic plaza • Available Now! • Free on-site parking and utilities included • Units from 1,116 – 9,980 sq ft • $12.50 / sq ft net
15 Barnswallow Drive, elmira
• Newly proposed plaza in the west end of Elmira • Located in a growing, established major intersection • Units from 1,173 – 10,000 sq ft • $20.00 / sq ft Net mls
LEASE
manitou / Fairway retail spaces, Kitchener
• Busy office/retail plaza in Elmira, just minutes from North Waterloo • Zoning allows multiple uses • 1,925 sq. ft. • $16.00/sq. ft. net
• Located on corner of Fairway Road and Manitou Drive • Various retail units in busy plaza. • Possession varies with each unit • Units from 1,079 – 6,100 sq ft • $24.50 - $25.00 / sq ft net
mls
• Newly designed open concept office/tech space in Downtown Kitchener • Available Spring 2019 • Private elevator • 5,200 sq ft • $20.00 / sq ft Net EXClUsIVE
L
• New multi-story Class A office building • Contemporary & modern design • Ample on-site free parking • 15,000 – 50,000 sq ft • $19.00 / sq. ft. net
EXClUsIVE
street south, LEASE #8a – 250 DunDas camBriDge
King street west, Kitchener
LEASE
LEASE
231 shearson crescent, camBriDge
d e s ea
mls
LEASE
LEASE
3-347 erB street west, waterloo
• AAA plaza with plenty of on-site parking • Ideal uses for this space could include: office, retail, hair salon, medical, learning center, etc. • 1,200 sq. ft. • $18.00 / sq. ft. Net mls
LEASE
100-85 weBer street w, Kitchener
d e s ea
• Retail space in high profile plaza • Ample on-site parking • 600 sq. ft. • $28.00 / sq. ft. Net mls
mls
• Newly Renovated Main Floor Office/Retail Suite in converted house. • Steps from Downtown Kitchener amenities and transit with 2 onsite parking spaces included • 1,065 sq ft • $2,500 / Month Gross Lease
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
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
July 20–August 31, 2019
Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR
11
officeinvestment
Lease flexibility
trending for tech tenants Momentum in the GTA’s technology sector was significant over the course of 2018, and companies such as Microsoft, Google, Uber and Shopify announced plans either to move to or expand its footprint in the city. In the GTA central market specifically, inclusive of downtown and midtown submarkets, tech tenants show a significant preference towards flexible real estate options, measured by the rise in demand for co-working space and shorter durations for head-leases. These trends can be attributed to the higher concentration of start-ups 12
and young technology companies in the area. As the main goal of tech start-ups is to scale their company, the space they require in the early stages of funding can differ greatly from once they grow. In addition, a tech start-up may be hesitant to invest funds into office space as opposed to using it to grow the
COMMERCIAL INVESTOR | Commercial Real Estate & Business Opportunities
business. Being locked into a longterm lease for a space requiring expensive tenant improvements may not align with a start-up’s priorities. Tech tenants may lease smaller, C-class spaces in the suburban markets of the GTA. However, a desirable workspace that influences employee attraction and retention remains important, as the only thing technology tenants care more about than flexibility is their human capital. The predicament facing young tech firms today is balancing the requirement for an attractive, flexible workspace in a near zero-per cent vacancy market. July 20–August 31, 2019
processed within two weeks for highly skilled, temporary workers.
Overview of the GTA tech market
Approximately 37 per cent of tech-occupied square footage is attributed to the entirety of downtown, with the heaviest concentration of 2.4-million-sq.ft. located in the downtown west submarket. As this is where the majority of the tech ecosystem’s resources and strategic partners are located, in addition to the location and transit benefits that appeal to employees, a cluster of tech firms have congregated in the heart of Toronto. However, a great proportion of tech-occupied space is scattered across suburban markets in the GTA, with some achieving greater tech penetration than the downtown submarkets. Significant technology clusters can be found in Hwy. 404Hwy. 407 corridors, Markham Town Centre and Airport Corporate Centre, where the percentage of tech market penetration is greater than 20 per cent.
The rise of co-working space Negotiating flexibility
The GTA has the lowest office vacancy rate in North America, settling at 3.8 per cent as of Q1 2019. The downtown market, which is a hotspot for tech start-ups, reached a record low of 1.1 per cent. The influx of immigrants and highly skilled workers advances the growth of the tech sector but places further constraints on available commercial space. To address the skills shortage and gaps in the labour market, the federal government introduced the Global Skills Strategy, a pilot program that allows work permit applications to be
July 20–August 31, 2019
Although initially thought to be a fad in the real estate industry, coworking space has proven to be a valuable option for many tenants seeking flexible terms and lower upfront capital costs. A collaborative environment, minimal set-up costs, dynamic workspace, and additional perks ranging from 24/7 access to health and dental benefits, make this real estate option particularly popular among Toronto’s tech tenants. Colliers identified Regus/Spaces, WeWork, Workplace One, Workhaus and IQ Office Suites as the most significant players in Toronto’s coworking market based on their flexible office inventory. By the end of 2018,
these five companies totalled 67 co-working locations across the GTA, representing an aggregate total of 1.4 million sq. ft. of co-working space. The majority are located in the financial core and downtown west submarkets – home to the market’s largest concentration of tech tenants. In response to the heightened demand for flexible office space, these companies are continuously expanding their co-working portfolios in the GTA. Within the past two years alone, 39 per cent of the aggregate co-working inventory, totalling 524,000 sq. ft., came online. By the beginning of 2019, there were 12 new confirmed flexible office locations opening during the year, contributing another 248,000 sq. ft. to the market.
Head leases decreasing in duration
The average lease term for the GTA total, inclusive of all types of tenants, has been fairly constant with the exception of minor fluctuations, resulting in an increase of approximately three months over a five-year period to 68.2 months in 2018. Tech tenants in the GTA central market, however, reflected significant decreases to their average lease term, declining 14.8 months from the previous year to 53.6 months in 2018. As the GTA north and GTA west are characterized by more mature tech firms, preferred flexibility was not evident among these markets’ tech tenants. In fact, lease durations for the GTA West tech tenants represented some of the longest lease durations over the past several years, while the average lease term for a GTA north tech tenant never strayed far below or above the GTA’s average duration. As of 2018, the average term for a GTA west and GTA north tech tenant was 67.9 months and 68.6 months, respectively. continued on page 14
Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR
13
Kitchener/Waterloo Guelph & Cambridge continued from page 13
Key takeaways
As the shortage of commercial space becomes dire, it’s increasingly challenging for tech firms to negotiate flexible lease terms, as the push for a shorter lease duration can only go so far in a near zero per cent vacancy market. As younger tech
Although initially thought to be a fad in the real estate industry, co-working space has proven to be a valuable option for many tenants seeking flexible terms and lower upfront capital costs.
Dalibor Radulovic Sales Representative dalibor1@rogers.com
firms may be restricted financially, the downtown market is already likely to be out of the price range for many of these companies. A few trends may become apparent in the upcoming years: 1) Demand for coworking space will continue to grow as flexible office space is a realizable option among many tenants, not limited to young technology tenants, that are struggling to find desirable workspace while also managing their financial priorities. 2) Younger technology tenants may shift from downtown, not only due to escalating rental rates and low vacancy but because much of the new supply coming online is newbuild construction, requiring tenants to prelease years in advance. Midtown locations offer adequate proximity to the tech ecosystem’s
resources and strategic partnerships found downtown, however, the drawback is the lack of available office space. Suburban markets offer more availability at lower rental rates with the trade-off being located farther away from the tech ecosystem. 3) Mature technology tenants may mirror younger firms by reinforcing the pattern of moving offices from suburban markets to downtown, as they are more likely able to pay for new, class-A office product downtown and can afford to wait out the construction process. A notable example was Microsoft’s announcement that its Mississauga HQ would relocate to the anticipated CIBC Square development at 81 Bay St. CI Source: Colliers Spark report: collierscanada.com
Chris Mossey
Tunde Abiodun
Rob Piombini
chrismossey@rogers.com
tabiodun@gmail.com
rpiombini@homelifepower.com
Sales Representative
Broker
Broker
519-885-8810
HomeLife Power Realty Inc., Brokerage*
385 Frederick Street, Unit 32 Kitchener, Ontario N2H 2P2
00
9,5
$69
Currently Own Multi-Family Buildings or Looking to Buy One? We will be Offering Complimentary Seminars
*Independently Owned and Operated
00
9,9
$58
FALL OF 2019 761 Frederick Street, Kitchener, ON Great Investment Opportunity for Investor or Owner Occupied! Tri-Plex in sought after area in Kitchener right on Frederick Street with double car garage and additional parking on driveway. Close to Shopping and Public Transit. Financials and additional information available upon request. Please allow for 24 hrs for any showings.
14
Get Answers to Frequently Asked Questions Please Call 519-590-9488 for Details & Reserve your Space Now! Limited Seating Available!
COMMERCIAL INVESTOR | Commercial Real Estate & Business Opportunities
22 St. Leger Street, Kitchener, ON Great Investment Opportunity! Well maintained Duplex with 2-2 Bedroom units and an additional 1 Bedroom basement unit for potential owner occupied option. Separate hydro meters for Upper and Main area. Brick exterior. Great back yard common area with patio. Great Location in a quiet residential area close to bus routes, schools, amenities, LRT, and highway access.
July 20–August 31, 2019
Kitchener/Waterloo Guelph & Cambridge
www.teammilovick.com
519-745-7000
Grand Valley Realty
BROKERAGE INDEPENDENTLY OWNED AND OPERATED
Unit 15C, 370 Highland Road West, Kitchener, ON N2M 5J9 fax: 519-489-1333
Mike Milovick B.B.A., CCIM, Broker mike@teammilovick.com
Jennifer Shingler
www.TeamMilovick.com
Invest in Ontario’s Number 1 Town Today!
Sales Representative jenn@teammilovick.com
Subscribe: Latest KWC Real Estate News: www.FaceBook.com/TeamMilovick 304-690 KING STREET W, KITCHENER
4-451 ALBERT STREET, WATERLOO
$
270,000
D L O S
• The student condo that you have been waiting for! Full renovated and shows AAA. • Marble counter tops. Two modernized bathrooms. • Beautiful plank flooring throughout! Turn key, rental licensed, City Approved opportunity available in desirable Maple Grove complex. • Well managed, stable complex. • Exclusive
$
359,900
$
• Turnkey living in desirable Mid-Town Development. • 9 foot ceilings and quartz countertops. • Stonerox brick accent living room wall, • Strip glass mosaic kitchen back splash I • This home is ideal for investor. Tenant is on written lease until end of September and is flexible and may stay depending on buyer preference. (id:27)
389,900
• $2239 Gross Monthly Income • Massive, 1400 SF, Three Bedroom Unit Available Here! • 5 Years Young! • In Suite Laundry • Contemporary Finishings that Students Love • Steps to WLU, Easy walk to UW • Leases in Place to At Least end of August, 2020 • MLS®
97 MARSHALL, STREET, WATERLOO
45 HIGH STREET, WATERLOO CO UN NT DE RA R CT
304-275 LARCH STREET, WATERLOO
304-8 HICKORY STREET WEST, WATERLOO
$
399,000
$
439,900
$
• Pre-Construction Assignment Condo Opportunity in Desirable Northdale! • Spacious, 771 square foot, two bedroom, two bath suite with 108 square foot balcony! • Located almost across the street from WLU’s Lazaridis Business Building, this opportunity could work well for student/university/hi tech employee or entry level investor. • MLS®
• Rental Licensable Opportunity! • Tremendous proximity to Wilfrid Laurier University, Uptown, and Sobey’s Plaza. • Super clean, strikingly original, sample of late 50’s, early 60’s bungalow construction. • Newer roof and furnace. • This property works well investor, renovator/ flipper or parent with kid going to University. • MLS®
99 KEHL STREET, KITCHENER
6 SMETANA DRIVE, KITCHENER
$
600,000
• Exclusive development opportunity located within a 10 minute walking distance to Mill Street LRT Station. • Planner says 10 to 12 units with current R6 zoning, maybe up to 15 with minor variance for parking. 14 units with future zoning. • Large, easy to work with site maximized with a frame build. • MLS® July 20–August 31, 2019
$
665,000
599,900
• $50,000+ Gross Annual Income • Multiyear Leases Until At Least August, 2019 • Positive Cash Flow With Just 20% Down • Single Detached Garage • Main Floor Unit Completed Updated • City Approved Rental Licensed Operation • Desirable 5+3 Bedroom Lay Out • Easy Walk To Uw And Wl • MLS®
109 BRUCE STREET, KITCHENER
$
• Open concept, contemporary, 2496 SF of finished space, purpose-built, owner-built, legal duplex in desirable Grand River North! • Separate meters: water, electricity and gas. Two gas furnaces! • Double car driveway - occupants do not have to park in tandem. • MLS®
739,900
• $38,500+ Gross Annual Income Available Here! • Entry Level Apartment Building • Two 2 bedroom units, Two bachelor units • Desirable Romseount/Heritage Park area • Opportunity to increase rents significantly to market on re-rental • Oversized/divided double car garage • Shows clean with updates • Great rental location, 3 kilometers to Google • MLS®
Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR
15
Kitchener/Waterloo Guelph & Cambridge
COLDWELL BANKER COMMERCIAL COLDWELL BANKER REALTY, COMMERCIAL PETER BENNINGER BROKERAGE 508 RIVERBEND DRIVE, KITCHENER, ON. PETER BENNINGER REALTY, BROKERAGE PHONE: 519-743-5211 508 RIVERBEND DRIVE, KITCHENER, ON. COLDWELL BANKER COMMERCIAL PHONE: 519-743-5211
SF ∙ $249,900 ∙ MLS: 30738365 ∙ 1,162 SF - 1,779 SF ∙ From $22.00/SF ∙ R EPETER TA I LBENNINGER / O F F I C E REALTY,1,143 BROKERAGE WATERLOO ∙ Nicely Finished Office in MLS: 30717001∙ BRESLAU ∙ New Retail 1,143 SF ∙ $249,900 ∙ MLS: 30738365 ∙ 1,162 SF - 1,779 SF ∙ From $22.00/SF ∙ 508 RFEOTA LA/LOEF/ FL IEDRIVE, CAES E KITCHENER, North ON. Waterloo. Easy access to Public Development in a growing, under-serviced R ISRIVERBEND WATERLOO ∙ Nicely FinishedAmple OfficeOnin area. MLS: 30717001∙ New Retail Transit and Major Highways. Variety ofBRESLAU Uses ∙permitted. North Waterloo. Easy access to Public Development in a growing, under-serviced F O RPHONE: S A L519-743-5211 E/LEASE Site Parking. James Boudreau**/ Pad site w/drive-thru available. 512-2,211SF ∙ $22.00/SF∙ MLS:30720593 Transit and Major Highways. Ample On area. Variety of Uses permitted. Gary 30738365 Boudreau*∙ 1,162James Boudreau**/Gary Boudreau*∙ 1,143 SF ∙ $249,900 ∙ MLS: SF 1,779 SF ∙ From $22.00/SF R E TA I L / O F F I C E 599/604/619/621/629/634/637/641 Site Parking. James Boudreau**/ Pad site w/drive-thru available. Office in MLS: 30717001∙ BRESLAU ∙ New Retail 512-2,211SF MLS:30720593 WATERLOO∙ $22.00/SF∙ ∙ Welcome to “The Hub” an WATERLOO ∙ Nicely Finished Gary Boudreau* James Boudreau**/Gary Boudreau* North Waterloo. Easy∙ MLS: access30719754 to Public∙ Development in a growing, under-serviced R S Asix-tower L E / L E commercial/ ASE 4,500 SF ∙ $9.00/SF 872 SF ∙ $12.00/SF ∙ MLS: 30698823 ∙ 599/604/619/621/629/634/637/641 excitingF Onew
and Major Highways. Ample On area. Variety∙ High of traffic Uses location, permitted. WATERLOO ∙ Updated office space CAMBRIDGE high WATERLOO Welcome to “The Hub” an Transit residential ∙mix development located 4,500 SF ∙ $9.00/SF ∙ MLS: 30719754 ∙ 872 SF ∙ $12.00/SF ∙ MLS: 30698823 Site Parking. James Boudreau**/ Pad site w/drive-thru available. Immediately available for lease w/ furniexposure. Ample on-site drive-up parking. ∙ exciting six-tower Lester commercial/ betweennew two ∙universities. Tobin* 512-2,211SF $22.00/SF∙ MLS:30720593 Gary Boudreau* James Boudreau**/Gary Boudreau* ∙ Long Updated office space Zoning CAMBRIDGE ∙ High location, high ture if required. term or short term allows many uses.traffic Lester Tobin* residential mix development located WATERLOO 599/604/619/621/629/634/637/641 Immediately lease w/ furni- exposure. Ample on-site drive-up parking. lease optionsavailable available.forUnit potentially between two∙ universities. Lester 1,462 SF $12.00/SF WATERLOO ∙ Welcome∙MLS:30716173 to “The Tobin* Hub” an if SF required. Longspace. or30719754 short Zoning many ∙uses. Lester Tobin* available with storage todayterm for∙ 872 4,500 ∙ $9.00/SF ∙ term MLS:Call SF SF∙allows ∙ 63,027 ∙$12.00/SF $16.95/SF ∙ MLS: MLS:30698823 30719228 KITCHENERnew ∙ Retail/Medical/Office End ture exciting six-tower commercial/ more info! Chris Kolednik** lease options ∙ available. Unit potentially WATERLOO Updated office space CAMBRIDGE High traffic location, high WATERLOO ∙ AAA Office Space. Unit with High Exposure. Build to suit. 1,462 SF ∙ $12.00/SF ∙MLS:30716173 residential mix development located withavailable storage space. Callw/ today for exposure. Immediately for lease furnion-site parking. ∙ Lots of amenities nearby.drive-up Ample on-site drive-up parking. can available 63,027 SFAmple ∙ $16.95/SF ∙ Ample MLS: 30719228 KITCHENER ∙ universities. Retail/Medical/Office End between two LesterSpace Tobin* more info! Chris Kolednik** ture if required. Long term or short term Zoning allows many uses. Lester 532 SF ∙ $1,199/Month ∙ MLS: 30664627 ∙ James Boudreau**/Gary Boudreau* be divided. Lester Tobin* WATERLOO ∙ AAA Office Tobin* Space. Unit with High Exposure. Build to suit. options∙ available. Unit potentially WATERLOO Finished 2nd floor office. 3 Lots of amenities nearby. Ample parking. Ample drive-up parking. Space can lease 1,462on-site SF ∙ $12.00/SF ∙MLS:30716173 available with storage Call30664627 today for ∙ 63,027 James largeSFwindows. Highspace. traffic intersecSF ∙ $18.00/SF ∙Lester MLS: 30711454 SF ∙∙ $14.00/SF $16.95/SF MLS: 30718982 30719228 KITCHENER ∙ Retail/Medical/Office End 532 ∙ $1,199/Month ∙ MLS: Boudreau**/Gary Boudreau* be2,000 divided. Tobin* 2,500 SF ∙∙ MLS: ∙∙ more Chris Kolednik** tion. info! 24/7 ∙ electronic reader board.3 WATERLOO ∙ AAA Office Space. WATERLOO ∙ Office/Retail Space,to High Unit with High Exposure. Build suit. WATERLOO Finished 2nd floor office. CAMBRIDGE ∙Space offers a perfect spot Colin Vogel* Lots of amenities nearby. Ample parking. Visibility, from∙ parking. WLU, Starbucks, Ample drive-up Space can large windows. High traffic intersec2,000 SFon-site ∙ Steps $18.00/SF MLS: 30711454 for any SF business that needs and ∙ 2,500 ∙ $14.00/SF ∙ MLS:Office 30718982 Mortys, BMO, On-Site Lester Parking. Zoning 532 SF ∙24/7 $1,199/Month ∙ MLS: 30664627 ∙ James Boudreau**/Gary Boudreau* be divided. electronic reader board. WATERLOO ∙ Office/Retail Space,Tobin* High tion. Warehouse space. Ideal for HVAC, Water CAMBRIDGE ∙Space offers a perfect spot Allows forSteps Many from Uses. WLU, Chris Kolednik** ∙ Finished 2nd floor office. 3 2,221 SF ∙ $18.50/SF ∙ MLS: 30731657 Colin Vogel* Visibility, Starbucks, WATERLOO Softener and Cellphone Shop Uses. for any business that needs Office windows. High traffic intersec2,000 SF ∙ $18.00/SF MLS: 30711454 WATERLOO ∙ Finished Unit on Main 2,500 SF ∙ $14.00/SF ∙ MLS: 30718982 and Mortys, BMO, On-Site ∙Parking. Zoning large ∙ Chris 2,792 SF ∙ $21.00/SF ∙MLS:30703174 Warehouse space. Ideal for Kolednik** HVAC, Water tion. 24/7 electronic reader board. WATERLOO ∙ Office/Retail Space, High floor. Abundant on site parking. High CAMBRIDGE Allows for Many Uses. Chris Kolednik** 2,221 ∙Space offers a perfect spot SF ∙ $18.50/SF ∙ MLS: 30731657 KITCHENER ∙ Newly constructed retail Colin Vogel* Softener and Cellphone Shop Uses. Visibility, Steps from WLU, Starbucks, traffic @ King + Columbia. John Hoffman* any business that needs Office and plaza with highOn-Site exposure and Zoning traffic. WATERLOO ∙ Finished Unit on Main for Mortys, Parking. 982 SF ∙ $16.50/SF ∙ MLS: 30734996 ∙ Chris Kolednik** 2,792 SF ∙BMO, $21.00/SF ∙MLS:30703174 floor. Abundant on site parking. High Warehouse space. Ideal for HVAC, Water Centrally located near Allows for Many Uses. constructed Chris highschool, Kolednik** KITCHENER ∙ Main Floor Store Front 2,221 SF ∙ $18.50/SF ∙ MLS: 30731657 KITCHENER ∙ Newly retail traffic 5,800 SF ∙ $549,000 ∙ MLS: 30599428 ∙ @ King + Columbia. John Hoffman* Softener and Cellphone Shop Uses. sportsplex, new high density residential Unit near St. Mary’s Hospital. plaza withLRThigh and Tobin* traffic. WATERLOO AYR Located∙atFinished the gateway to on UrbanMain Ayr. Office 982 SFSpace ∙ $16.50/SF ∙ Chris MLS: 30734996 ∙ and new stop.exposure Lester Kolednik** 2,792 SF ∙ $21.00/SF ∙MLS:30703174 Abundant on site parking. High Space is suitable a variety of Centrally located near highschool, floor. Ideal for office, vet., or place of worship. KITCHENER ∙ MainforFloor Store Front KITCHENER ∙ Newly constructed retail 5,800 ∙ $549,000 ∙ MLS: 30599428 @ King + Columbia. John Hoffman* uses. sportsplex, high density residential∙ traffic SF Colin Vogel* ∙ medical/office/commercial 1,143 SF ∙ new $10.00/SF ∙ MLS: and 30709843 Office Space near St. Mary’s Hospital. plaza with high exposure traffic. AYR Located at the gateway to Urban Ayr. 982 SF ∙ $16.50/SF ∙ MLS: Boudreau** 30734996 ∙ and new LRT stop. Lester Tobin* Gary Boudreau*/James WATERLOO ∙ Bright, well office Centrally located near located highschool, Space is ∙suitable for Store a variety Ideal for office, vet., or place of worship. KITCHENER Main Floor Front of $549,000 ∙∙ MLS: MLS: 30637876 30599428 ∙ space. Jamesnew Boudreau**/Gary 3,961 SF ∙∙ $28.00/SF sportsplex, high density Boudreau* residential 5,800 medical/office/commercial uses. Colin Vogel* Space near St. Mary’s Hospital. 1,143 SF ∙ $10.00/SF ∙ MLS: 30709843 ∙ AYR Located at the gateway tobuilding Urban Ayr. ∙ Freestanding w/ Office and new LRT stop. Lester Tobin* KITCHENER 1,100 Gary - 5,500 SF ∙ $32.00/SFBoudreau** ∙ MLS: Boudreau*/James Space is suitable for a variety of WATERLOO ∙ Bright, well located office for office,&vet., placeAmple of worship. 32,000 SF ∙ $16.95/SF ∙ MLS: 30689959 ∙ Ideal high exposure high or traffic. on-site 30737746/728/713/696/682 CAMBRIDGE space. James Boudreau**/Gary Boudreau* medical/office/commercial uses. 3,961 SF ∙ $28.00/SF ∙ MLS: 30637876 ∙ Colin Vogel* WATERLOO ∙ Well located AAA Office Lester Tobin* 1,143 SF ∙ $10.00/SF ∙ MLS: 30709843 ∙ drive up parking. ∙ New retail plaza on main corridor with Space. Divisible to approx. 8,000office SF. KITCHENER ∙ Freestanding building w/ 1,100 Gary Boudreau** WATERLOO ∙ Bright, well located - Boudreau*/James 5,50030% SF leased. ∙ $32.00/SF MLS: high exposure. 5 Units ∙left. 32,000 SF ∙ $16.95/SF ∙ MLS: 30689959 ∙ & high traffic. on-site space.James JamesBoudreau**/Gary Boudreau**/Gary Boudreau* Boudreau* high 3,961 SF ∙∙ $28.00/SF 30637876 3,144exposure SF $12.00/SF ∙ MLS: MLS:Ample 30696919 ∙ Ample 30737746/728/713/696/682 CAMBRIDGE on-site drive up parking. WATERLOO ∙ Well located AAA Office drive up parking. Tobin* KITCHENER building w/ 1,100 ∙∙ Freestanding Affordable Lester office space 5,500plaza SF ∙on$32.00/SF ∙ Zehrs, MLS: ∙ New- retail main corridor with Neighbouring Tenants include 3,000 Divisible SF $28.00/SF MLS:8,000 30637864 Space. to approx. SF.∙ high 32,000 SF ∙∙ $16.95/SF ∙ ∙ MLS: 30689959 exposure & high traffic. Ample on-site just off LRT route. High visibility 30737746/728/713/696/682 CAMBRIDGE high exposure. 30% leased. 5 Units left. McDonald's, LCBO, Beer Store and many KITCHENER ∙ Freestanding pad site with James Boudreau**/Gary Boudreau* WATERLOO ∙ Well located AAA Office 3,144 drive up Lester Tobin* ∙ on Ottawa St. Price includes all utilities. SF ∙parking. $12.00/SF ∙ MLS: 30696919 ∙more. New retailon-site plaza on drive mainLester corridor with Ample up Tobin parking. drive-thru. Ample on-site drive up parking. * Space. Divisible to approx. 8,000 SF. KITCHENER Ample available. ∙ parking Affordable office space high exposure. 30% leased. 5 Units left. Lester Tobin* Neighbouring Tenants include Zehrs, 3,000 SF ∙ $28.00/SF ∙ MLS: 30637864 James Boudreau**/Gary Boudreau* Boudreau**/Gary Boudreau* just off LRT route. High visibility 3,144James SF ∙ $12.00/SF ∙ MLS: 30696919 ∙ Ample on-site drive up parking. McDonald's, LCBO, Beer and many KITCHENER ∙ Freestanding pad site with on SF - 2,800 SF ∙ Store $13.50/SF KITCHENER Affordable office space 1,010 Ottawa St.∙ Price includes all utilities. 2,006 SF SFAmple ∙∙ $26.00/SF ∙ MLS: 30712431 Neighbouring Tenants include Zehrs, 3,000 $28.00/SF MLS:up30637864 drive-thru. on-site ∙drive parking. Ample more. Lester Tobin * just SFoff∙ $39.00/SF LRT parking route. High30662378 visibility∙ MLS: 30721013/ 30721031/ 30721039 available. ∙ MLS: WATERLOO Turn-Key spa with liquor McDonald's, LCBO, Beer Store and many KITCHENER ∙ ∙Freestanding pad site with 523 Lester Tobin* on Ottawa St. Price includes all utilities. James Boudreau**/Gary Boudreau* New retail unit with patio. KITCHENER ∙ Busy neighbourhood plaza. license. Located in thedrive heart of the WATERLOO drive-thru. Ample on-site up parking. Lester Tobin * Ample parking available. more. Various 1,010 SF sized - 2,800 units SF ∙ available. $13.50/SF Located in the heart of the University University District. Main floor of Lester Tobin* 2,006 SF ∙ $26.00/SF ∙ MLS: 30712431 James Boudreau**/Gary Boudreau* District. Lester Tobin* ∙ MLS:James Boudreau**/Gary Boudreau* 30721013/ 30721031/ 30721039 “The Hub” Lester Tobin* 523 SF ∙ $39.00/SF ∙ MLS: 30662378 WATERLOO ∙ Turn-Key spa with liquor 1,010 SF - 2,800 SF ∙ $13.50/SF KITCHENER ∙ Busy neighbourhood plaza. 2,006 SF ∙ $26.00/SF ∙ MLS: 30712431 WATERLOO New retail unit with patio. * Sales Representative license. Located in the heart of the www.coldwellbankercommercial.ca * Sales Representative 30721013/ 30721031/ 30721039 523 SF ∙in$39.00/SF ∙ MLS: 30662378 ∙ MLS: WATERLOO ∙ Turn-Key spa with liquor Various sized units available. Located the heart of the University University District. Main floor of Email : Commercial@coldwellbankerpbr.com ** Broker ∙ Busy neighbourhood plaza. ** Broker WATERLOO New retail unitLester with Tobin* patio. KITCHENER license. heartTobin* of the District. James Boudreau**/Gary Boudreau* “The Hub” Located in theLester Various sized units available. Located in the heart of the University University District. Main floor of Lester Tobin* * Sales James Boudreau**/Gary Boudreau* www.coldwellbankercommercial.ca “The Hub”RepresentativeLester Tobin* District. * Sales Representative
Email : Sales Commercial@coldwellbankerpbr.com ** *Broker Representative www.coldwellbankercommercial.ca Email : Commercial@coldwellbankerpbr.com ** Broker 16
COMMERCIAL INVESTOR | Commercial Real Estate & Business Opportunities
** Broker * Sales Representative ** Broker
July 20–August 31, 2019
Kitchener/Waterloo Guelph & Cambridge
COLDWELL BANKER COMMERCIAL COLDWELL BANKER REALTY, COMMERCIAL PETER BENNINGER BROKERAGE 508 RIVERBEND DRIVE, KITCHENER, ON. PETER BENNINGER REALTY, BROKERAGE PHONE: 519-743-5211 508 RIVERBEND DRIVE, KITCHENER, ON. COLDWELL BANKER COMMERCIAL PHONE: 519-743-5211
PETER BROKERAGE PLAZA ∙ KITCHENER B U S I N E S S F O R S A L E IN D U SBENNINGER T R I A L / REALTY,INVESTMENT 10,656 SF & 10,624 SF ∙ $6,900,000 ∙ 508 ON. INVESTMENT PLAZA ∙ KITCHENER RSETHROI A U LSDRIVE, I NWA D URIVERBEND /E KITCHENER, BUSINESS FOR SALE EXCLUSIVE ∙ New retail plaza 2016. Long 10,656 SF & 10,624 SF ∙ $6,900,000 ∙ 2,456 SF ∙ $269,000 ∙ MLS: 30665548 PHONE: 519-743-5211 FWA O R RL E H A SOEU/ S A L E term leases. New residential developing E EXCLUSIVE ∙ New retail plaza 2016. Long KITCHENER Successful business. Great area. Lester Tobin* 2,456 SF ∙ $269,000 ∙ MLS: 30665548 F O IRN LDEUASSTER/ISAALL/E term leases. New residential developing Franchise. INVESTMENT PLAZA ∙ KITCHENER B U S Business I N E S SOnly.F O Gary R SBoudreau* ALE
KITCHENER Successful business. Great area. 10,656 SF & 10,624 SF SITE ∙ Lester $6,900,000 RETAIL/REDEVELOPMENT FORTobin* SALE∙ Franchise. Business Only. Gary Boudreau* EXCLUSIVE ∙ New retail SF/0.12 plaza 2016. Long∙ GUELPH CAR WASH, GAS STATION & LUBE KITCHENER ∙ 1,586 Acres ∙ $269,000 ∙ MLS:5,873 30665548 SHOP SFWITH PROPERTY∙ SF ∙ RETAIL/REDEVELOPMENT SITE FOR High SALE 2,456 term leases. residential developing $899,000 MLS:New 30616343 Unique GUELPH CAR WASH, GAS STATION LUBE Great $2,700,000 ∙ Successful Exclusive ∙ business. Gas station& with KITCHENER ∙ 1,586 SF/0.12 Profile Location. Corner Lot beside farmers area. LesterAcres Tobin* ∙ KITCHENER SHOP WITH 5,873 SF ∙ Franchise. BusinessPROPERTY∙ Only. Gary Boudreau* propane, automated carwash and lubeshop $899,000 MLS: 30616343 Unique High market. Great redevelopment site, parking $2,700,000 ∙ Exclusive station with business with property ∙onGas1.05 acres. Profile beside farmers lot, etc.Location. Corner LotSITE Lester Tobin* RETAIL/REDEVELOPMENT FOR SALE propane, automated carwash and lubeshop Environmental reports completed. Call for GUELPH CAR WASH, GAS STATION & LUBE market. Great∙redevelopment site,Acres parking KITCHENER 1,586 SF/0.12 ∙ more details! Lester business with property on 1.05Tobin* acres. INVESTMENT/OWNER/USER PROPERTY lot, etc. MLS: 30616343 Lester Tobin* $899,000 Unique High SHOP WITH PROPERTY∙ 5,873 SF ∙ Environmental reports completed. Call for $2,700,000 ∙ Exclusive ∙ Gas station with WATERLOO ∙ 6,282 $2,999,000 Profile Location. CornerSF Lot∙ beside farmers∙ more details! Lester Tobin* propane, automated carwash and lubeshop ST JACOBS BANQUET HALL/RESTAURANT MLS: 30749393 ∙ Investment property or INVESTMENT/OWNER/USER PROPERTY market. Great redevelopment site, parking with Ac property on 1.05∙ acres. 8,000 SF,4.3 ∙ $2,100,000 MLS: owner/user. floorSF4,107 SF restauWATERLOO ∙Main 6,282 ∙ Lester $2,999,000 lot, etc. Tobin* ∙ business Youtube: Property Address for Marketing ∙ Lions Head, ON. Many uses permitted. MLS: Environmental reports completed. Call for 30704935∙Extensive renovations to ST JACOBS BANQUET HALL/RESTAURANT rant, 30749393 2nd floor 2-bedroom apartment and ∙ Investment property or Video. SF Eric Frey* 11,000 on +1,859 SF Bungalow House more Lester Tobin* Possible medical marijuana grow op. ∙ owner/user. and grounds. furniture/ 8,000details! SF,4.3 Ac ∙ Includes $2,100,000 ∙ MLS: 4 bedroom student rental.4,107 Lester INVESTMENT/OWNER/USER PROPERTY Main floor SF Tobin* restau- building $850,000Property MLS: 30701902 117Marketing East Road WATERLOO ∙ 6,282 SF ∙ $2,999,000 ∙ cooking equipment. Site includes a to Youtube: Address ∙for renovations rant, 2nd floor 2-bedroom apartment and 30704935∙Extensive ∙38,000 Lions Head, ON. Many permitted. freestanding home. Steve Gerakopulos* Video. Eric Frey* ∙ 4MLS: SF ∙ 6.82 Acres uses ∙ $1,299,000 ST JACOBS BANQUET HALL/RESTAURANT building and grounds. Includes furniture/ 30749393 ∙ Investment property or bedroom student rental. Lester Tobin* Possible op. owner/user. L A NMain D Ffloor O R 4,107 S A LSFE restau- 8,000 2,000 SF medical Office | marijuana 36,000 SF grow Industrial Ac ∙ $2,100,000 ∙ MLS: a cookingSF,4.3 equipment. Site includes Youtube: Property Address for renovations to 30738271 607 Little BayMarketing Rd. Lions freestanding home. Steve Gerakopulos* 38,000 SF ∙ ∙ 6.82 AcresPike ∙ $1,299,000 ∙ rant, 2nd floor 2-bedroom apartment and 30704935∙Extensive Video. Eric Frey* bedroom Head,SFON. Previous use wasSFmanufacturL A N D F O R S A L E student rental. Lester Tobin* building and grounds. Includes furniture/ 2,000 Office | 36,000 Industrial 41.44 Ac ∙ MLS:30698798 ∙ $680,000 ∙ cooking For Commercial Real Estate equipment. Site Solutions includes a ing. High ∙ Power Available. HighRd. Ceilings. 30738271 607 Little Pike Bay Lions PUSLINCH TWP. One of the last lots availin Canada's Technology Triangle, freestanding home. Steve Gerakopulos* Google Address for Marketing Video. Eric Frey* 38,000 SF ∙ 6.82 Acres ∙ $1,299,000 ∙ Head, ON. Previous use was manufactur- able on Maltby Rd. 250’ x 250’ flat. Nice contact anyReal oneEstate of ourSolutions L A∙ NMLS:30698798 D FOR SA LE 1.44 Ac ∙ $680,000 ∙ 2,000 OfficeAvailable. | 36,000High SF Industrial For Commercial ing. HighSFPower Ceilings. setting. John Hoffman* sales representatives, or call 30738271 ∙ 607 Little Pike Bay Rd. Lions PUSLINCH TWP. One of the last lots availin Canada's Technology Triangle, Google Address for 519-743-5211 I NPrevious VMarketing E S TuseMVideo. E NmanufacturTEric Frey* able on Maltby Rd. 250’ x 250’ flat. Nice Head, ON. was contact any one of our OUTDOOR STORAGE/LAND FOR∙ 1.44 Ac ∙ MLS:30698798 ∙ $680,000 Real Estate Solutions ing. High Power John Hoffman* For Commercial sales representatives, or3000 call F O RAvailable. S A L EHigh Ceilings. setting. Peter Benninger** Ext. LEASE ∙ BRIGHT, ON. MLS:30708007 ∙ PUSLINCH TWP. One of the last lots availin Canada's Technology Triangle, Google Address 519-743-5211 I N Vfor E SMarketing T M EVideo. N T Eric Frey* able 1/2 Acre ∙ $2,000/ Located on Maltby Rd. 250’Month x 250’∙ flat. Nice contact any Gary Boudreau * one of our Ext. 3029 OUTDOOR STORAGE/LAND FOR minutes from Hwy #401. John 600 Hoffman* amp, 17’ setting. sales representatives, or call F O R S A L E Peter Benninger** Ext. 3000 ∙ BRIGHT, ON. MLS:30708007 ∙ INVESTMENT PROPERTY | BROCKVILLE, LEASE James Boudreau ** Ext. 3020 ceilings, 3 cranes, 1—dock, 2 drive-in 519-743-5211 INVESTMENT Acre ∙ $2,000/ Month ∙ Located ON.140,000 SF on 27.4 Ac.∙$13,900,000 ∙ 1/2 doors. Outdoor STORAGE/LAND storage. Lester Tobin* OUTDOOR FOR Gary Boudreau * Ext. 3029 Eric Frey* Ext. 3118 Hwy ON. #401. 600 amp, 17’ F O R Fantastic S A L E Investment minutes MLS: 30707132 Peter Benninger** Ext. 3000 LEASE ∙from BRIGHT, MLS:30708007 ∙ INVESTMENT PROPERTY | BROCKVILLE, ceilings, James Boudreau ** Ext. 3020 cranes, 1—dock, 2 drive-in Steve Gerakopulos* Ext. 3033 Opportunity with existing income. Was 1/2 0.80 Acre Ac. 3∙ MLS: 30686210 ∙ $990,000 ∙ ∙ $2,000/ Month ∙ Located Gary Boudreau * Ext. 3029 ON.140,000 SF on 27.4 Ac.∙$13,900,000 ∙ doors. Outdoor storage. Lester Tobin* CLARINGTON ∙ Corner lot located on HWY built for Private School. Event center with minutes from Hwy #401. 600 amp, 17’ EricHalpenny* Frey* Ext. 3118 Bill Ext. 3120 MLS: 30707132PROPERTY Fantastic| BROCKVILLE, Investment #2 between INVESTMENT James Boudreau ** Ext. 3020 Courtice & Bowmanville. 3 cranes, 1—dock, 2 drive-in accommodations for events/ weddings ceilings, Steve Gerakopulos* Ext. Ext. 3033 Opportunity income. Was ∙ 0.80 ON.140,000with SF onexisting 27.4 Ac.∙$13,900,000 ∙ MLS: 30686210 ∙ $990,000 John Hoffman* 3040 Zone Ac. change required (C4) Call forTobin* list of ∙ Outdoor storage. Lester /retreats/conferences/medical/rehab etc. doors. Eric Frey* Ext. 3118 ∙ Corner lot located on HWY MLS: Fantastic Investment built for 30707132 Private School. Event center with CLARINGTON potential uses. Lester Tobin* Bill Halpenny* Ext. 3120 Onsite church, full gym, soccer field. Chris Kolednik** Ext. 3106 Courtice & ∙Bowmanville. Steve Gerakopulos* Ext. 3033 Opportunity with income. Was #2 accommodations forexisting events/ weddings 0.80between Ac. ∙ MLS: 30686210 $990,000 ∙ John Hoffman* John Hoffman* Ext. 3040 (C4) Call for of Eric Reiner* Ext. 2099 CLARINGTON ∙ MIXED Corner USE lot located on list HWY built for Private School. Event center etc. with Zone HIGH change DENSITYrequired DEVELOPMENT /retreats/conferences/medical/rehab Bill Halpenny* Ext. 3120 potential uses. Lester Tobin* #2 between Courtice & Bowmanville. KITCHENER ∙ 3.25 Ac ∙ $4,250,000 ∙ accommodations for events/ weddings Onsite church, full gym, soccer field. Chris Tobin* Kolednik** Ext. 3106 Lester Ext. 3023 RETAIL INVESTMENT PLAZA ∙ WATERLOO Zone John Hoffman* Ext. 3040 change ∙Frontage required (C4) forStreets list of on 2 Call major /retreats/conferences/medical/rehab etc. EXCLUSIVE John Hoffman* 7,271 SF|0.66 Ac.∙ $3,600,000 ∙ MLS: HIGH Colin Vogel* Ext. 3110 Eric Reiner* Ext. 2099 uses. MIXED Lester Tobin* at theDENSITY gateway to downtown KITCHENER USE DEVELOPMENT Onsite church, full gym, soccer field. potential Chris Kolednik** Ext. 3106 30712328 ∙ Fully leased investment plaza. KITCHENER Excellent access to Hwy 401 via Hwy 8 ∙ 3.25 Ac ∙ $4,250,000 ∙ Harmony Voisin* Ext. 3117 John Hoffman* Lester Tobin* Ext. 3023 RETAIL INVESTMENT PLAZA WATERLOO Eric Reiner* Ext. 2099 Located in busy traffic node.∙Ample on-site EXCLUSIVE Directly on ∙Frontage proposed light rail Streets transit HIGH DENSITY MIXED USE on 2DEVELOPMENT major 7,271 SF|0.66 Ac.∙ $3,600,000 MLS: at Colin Tobin* Vogel* Ext. 3110 route. Peter Benninger**/Colin Vogel*∙ KITCHENER ∙ 3.25 Ac ∙ $4,250,000 drive-up parking. Lester∙ Tobin* the gateway to downtown KITCHENER Lester Ext. 3023 RETAIL INVESTMENT ∙ WATERLOO 30712328 ∙ Fully leasedPLAZA investment plaza. Excellent EXCLUSIVEaccess ∙Frontage on 2401 major to Hwy via Streets Hwy 8 Harmony Voisin* Ext. 3117 7,271 Ac.∙ node. $3,600,000 ∙ MLS: at the gateway to downtown KITCHENER * Sales Representative Colin Vogel* Ext. 3110 www.coldwellbankercommercial.ca * Sales Representative Located inSF|0.66 busy traffic Ample on-site Directly on proposed light rail transit 30712328 ∙ Fully leased investment plaza. Excellent Peter accessBenninger**/Colin to Hwy 401 via Hwy 8 Email : parking. Commercial@coldwellbankerpbr.com ** Broker Vogel* drive-up Lester Tobin* route. ** Broker Harmony Voisin* Ext. 3117 Located in busy traffic node. Ample on-site Directly on proposed light rail transit Peter Benninger**/Colin Vogel* drive-up * Salesparking. Representative Lester Tobin* route. www.coldwellbankercommercial.ca * Sales Representative
INDUSTRIAL/OFFICE LEASE WA R E HFOR OU S E ∙ BRIGHT, ON. MLS:30707996 ∙ 5,250 SF ∙ $5.25/SF F Ominutes R LEA S ELEASE /Hwy S A#401. E 400 INDUSTRIAL/OFFICE FOR ∙LBRIGHT, Located from ON. MLS:30707996 ∙ 5,250 SF ∙ $5.25/SF amp, 16’ ceilings. One 18’ x 14’ drive door. Located #401.Tobin* 400 Outdoorminutes storage. from HwyLester amp, 16’ ceilings. One FOR 18’ xLEASE 14’ drive door. INDUSTRIAL/OFFICE ∙ BRIGHT, Outdoor storage. Lester Tobin* ON. MLS:30707996 SF ∙ $5.25/SF 11,000 SF on +1,859 ∙SF5,250 Bungalow House ∙ Located minutes from Hwy #401. 400 $850,000 MLS: 30701902 ∙ 117 East Road 16’Head, ceilings. 18’ xuses 14’ drive door. ∙amp, LionsSF ON.One Many permitted. 11,000 on +1,859 SF Bungalow House ∙ Outdoor storage. Lester Tobin* Possible MLS: medical marijuana grow op. $850,000 30701902 ∙ 117 East Road
Email : Sales Commercial@coldwellbankerpbr.com ** *Broker Representative www.coldwellbankercommercial.ca Email : Commercial@coldwellbankerpbr.com ** Broker July 20–August 31, 2019
** Broker * Sales Representative ** Broker
Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR
17
Southwest Ontario
businessreport
Clear skies for small business confidence in June
Small businesses reported a sunnier outlook in June, with confidence levels going up nearly two index points to 61.5 on the Canadian Federation of Independent Business (CFIB)’s Business Barometer, the highest level since August 2018.
Brunswick (+2.5) also posted healthy index point gains to 54.5, 55.4 and 57.2, respectively. British Columbia (53.8) and Newfoundland & Labrador (50.0) posted more modest gains and trailed the rest of the country.
Overall, 41 per cent of owners estimate their business is in a good state, compared to 13 per cent who say it is in a bad state. Hiring plans are light for this time of year, with 18 per cent of owners planning to add on full-time staff, but only 10 per cent indicated they plan to cut back, marking a sharp drop from May. An index level nearer to 65 normally indicates that the economy is growing at its potential.
The natural resources sector posted a major confidence gain in June, gaining 12.9 index points to 59.1. Professional services (65.5), hospitality (63.3) and health services (62.0) were the most optimistic sectors. The agriculture sector remained stagnant, at the lowest confidence level (47.0). Wholesale (57.6) and health services were the only sectors to post drops in confidence. CI
Optimism gains in nearly all provinces
Confidence improved in nine out of 10 provinces in June. Prince Edward Island remained the most upbeat at 68.4, followed by Quebec (67.6), Nova Scotia (63.9 – the only province to register a minor dip in June), and Ontario (62.6). Alberta posted another optimism jump in June, climbing 7.2 index points to 59.0. Saskatchewan (+5.4), Manitoba (+3.1) and New
Sutton - Huron Shores Realty Inc. Brokerage
Independently Owned and Operated
Brian Shular
Doug Freiburger
Kaitlyn Shular
Natural resources confidence rebounds
Source: cfib-fcei.ca/en
606 Goderich Street, Port Elgin, ON N0H 2C0
519-797-1007 1-888-727-1007
Crystal Mitchell
Joey Wentworth
Broker of Record Sales Representative Sales Representative Sales Representative Sales Representative
COMMERCIAL INCOME PROPERTY 583 Catherine St., Port Elgin $550,000 • Three Unit Plaza in the Heart of Port Elgin • Currently Fully Rented, Large Parking Lot • An Excellent Investment • Short Walk to Schools, Parks & all Port Elgin has to Offer • MLS # 138018
EXCELLENT INCOME INVESTMENT
Historic field stone, 5457 sqft commercial building in the charming town of Neustadt. This property offers many possibilities, such as a Bed & Breakfast, full service wedding and event venue, pub, restaurant, spa/wellness center, or retail store. The main floor features large space that could be a charming store front and retail space or a dining hall that can seat 75 guests comfortably with a gorgeous custom live edge bar. The local artwork and restoration of the rich character of the building sets the stage. There’s a commercial kitchen and a huge prep kitchen space, and an office. Upstairs has 5 large, beautiful bedrooms, each with their own full en-suite bathroom. There’s a beautiful kitchen and living room that opens to a private rooftop deck. $849,900
569 Green St., Port Elgin $564,900
• Stately 2-Storey Brick Property • 5 Apartments, Fully Rented • Located steps to the Downtown Core • Short Walk to the Beach & Harbour • MLS # 115253
www.suttonhuronshores.com Not intended to solicit properties currently listed for sale.
18
COMMERCIAL INVESTOR | Commercial Real Estate & Business Opportunities
July 20–August 31, 2019
Hamilton
$649,900
$1,500/MONTH
7 TALBOT STREET EAST, CAYUGA
7104 CANBOROUGH ROAD, CANBOROUGH
Ideal Cayuga investment opportunity with prime, commercially zoned corner lot. Offering detached shop operating as “Garvie’s Automotive”, specializing in service-orientated mechanics garage & used car lot. Buyer to verify in regards to zoning, permit availability & overall due diligence.
Turn-key commercial kitchen. Asking $1500 p/month plus apportioned share of utilities. Offers functional kitchen, large sit-down bar, 5 booths, extra table for 6 plus private outdoor patio. Includes exclusive use of all kitchen equipment,cutlery,equipment, etc. Tenant responsible for all liquor licence applications.
$2,750,000
$1,500,000
15 JAYLIN CRESCENT, PORT DOVER
7 JAYLIN CRESCENT, PORT DOVER
Prime 4.22 acre (total of both properties) boasts est. turn-key marina in heart of Port Dover. Over 1000 ft of frontage on Black Creek with Lake Erie access. Features 70 slips with on-shore decks/water, 300 boat storage, retail store, heated shop, 1872 sf club house, all equipment… solid income. RARE!
$799,000
$980,000
$399,900
86 MUNSEE STREET N, CAYUGA
1854 TRINITY ROAD S, ANCASTER
628 BROAD STREET E, DUNNVILLE
Well priced commercial property/building located in Cayuga’s established north end. Incudes approximately 6400 sf metal clad building with approximately 3000 sf attached rear leanto + approximately 1200 sf upper level mezzanine/ office. Situated on 1.47 ac lot offers large paved front parking area+fenced rear storage compound.
Profitable boarding/grooming kennel business on 2.3 ac lot with renovated bungalow + attached garage. Features custom kitchen, family room w/ FP, vaulted ceiling+patio door, patio walkout, living room with FP, 3 bedrms + 5-pc bath. LL incl rec rm, 3-pc jacuzzi bath + 4th bdrm. Fully equipped 2533 sf kennel & 3384 sf 4-stall B&B livestock barn.
Tremendous, high traffic commercial opportunity w/move in ready building w/numerous upgrades throughout. Recent highlights include steel roof, siding, windows & doors, modern interior decor, 2 baths, multiple options for office areas,attached garage/ shop & roll up door, & ample parking.
July 20–August 31, 2019
Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR
19
Hamilton For
Further inFormation:
john hryczynski (905)
broker
529-5900 x 240
john@bbsrealty.com www.bbsrealty.com commercial real estate
REAL ESTATE BROKERAGE
email:
commercial real estate sales and leasing services MEDICAL BUSINESSES & PROPERTIES FOR SALE RETAIL FOR LEASE OFFICE & RETAIL FOR LEASE 170 SILVERCREEK PKWY N., GUELPh 5 – 35 KING ST E - DOWNTOWN hAMILTON GREATER hAMILTON AREA Prime retail and office spaces in the heart of the downtown core. Store fronts along King St from 486 to 2,338 sf & office spaces from 1,100, 3,395 & gorgeous brick and beam office space with loads of character, large windows, natural light & hardwood floors from 14,205/floor plate, multiple floors Prominent front building with outstanding frontage on Silvercreek Pkwy. located in the spectacular historic Right A medical use building located across from a Hospital. Includes a well Former bank space 4,268 sf with drive thru bank machine. Excellent House building with close proximity to established Pharmacy and Orthopedic businesses with related services and exposure along this power retail strip across from Willow West Mall and all downtown services and amenities. buildings. Loads of potential to add additional medical uses and rental units. quick access to the Hanlon Parkway. High traffic location, busy retail plaza, The building is located in close proximity Ideal for a medical group investment. Seller prefers a share sale, qualified ideal for a financial, restaurant or most other retail uses. Abundant free to the future LRT stop. Space divisible. buyers only. New price asking $3,800,000.00, Pharmacy for sale as well. parking. Asking only $19.95/sf ft. net. Call for details. RETAIL FOR LEASE PRIME QEW EXPOSURE, STONEY CREEK
RETAIL & OFFICE FOR LEASE GOVERNOR’S RD, DUNDAS
RETAIL FOR LEASE 172 ARGYLE ST N., CALEDONIA
Prime end cap unit with excellent QEW Hwy exposure to approx. 250,000 cars per day. Unit size is 11,297 sf with high ceilings and large windows expandable to 16,000 sf, ideal for a large restaurant use with grade or possibly roof top patio’s (to be added) with panoramic views of the lake and escarpment in this new growth area. Other uses considered. Abundant parking & easy access. Asking $22/sf net, immediate possession. Landlord may assist. Call for details.
Prime plaza location & exposure on Governor’s Road in Dundas across from 3 schools surrounded by a large affluent residential area. Retail and office units including turnkeyed medical offices, ideal for medical or office or other related uses, unit divisible. Sizes from 1,100 to 3,500 sf (divisible). Landlord may assist. Immediate possession, good parking. New zoning permits a wide range of commercial uses. Call John for rates and details.
A new dynamic mixed use plaza along this busy arterial just west of the new 3,500 unit Empire Homes residential development. Plaza now complete and is ready for new tenant occupancy. Prime corner location shadow anchored by a grocery store; many units leased but several retail units still available. Ideal for most retail, food, office and other commercial uses. Unit sizes from 711 to 2,678 sf available. Call for details.
H A M I L T O N
Mazhar Roshan Sales Representative
905.929.9800 647.609.9463 905.574.6400
GTA Direct Office
mazharroshan@sympatico.ca Well established high volume Canada post Franchise business available for sale 905 929 9800
RETIREMENT COMMUNITY
BROKERAGE I have qualifi ed buyers for up to $5M in commercial and investment buyers. Call for details.
HAMILTON
PIZZA STORE
RE DU CE D
BURLINGTON FOR LEASE
For more inquiries please call Mazhar Roshan at
HomeLife Professionals Realty Inc.
Direct
2000 Sq. Ft. on lower level for storage.
125 TOLTON AVENUE
Price includes 2 buildings, 2 bdrm house, retail, convenience store, with w/in cooler, catering take out business, lottery, ATM, and much much more. Lots of potential, retiring couple, good for home and work.
2,392 Sq. Ft. Long established convenience store, owner retiring, located in mature neighbourhood, well built building, store with 3 bedroom residence. For more details call LBO.
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.
HAMILTON
Long established pizza store. Doing over 30k sales per month. Low rent, long lease.
“My Business is to Sell Your Business” 20
COMMERCIAL INVESTOR | Commercial Real Estate & Business Opportunities
July 20–August 31, 2019
Hamilton
242
Main St. E. Hamilton
Roman Spytkowsky, Broker 905-528-8956 ext. 4190 email: romans@efforttrust.ca
1057 MAIN STREET WEST
5097 & 5099 KING STREET BEAMSVILLE
2nd floor Office Space approx. 1068 sq ft. Asking $20.00 sqft base. Raw unit. Building has an elevator and common washrooms. Majority of building is for medical purposes. Easy access and parking. Call Roman Spytkowsky Broker - 905 528-8956 ext 4190
In Beamsville - Partial Estate Sale. – Corner property just under half an acre. 1 large 2 storey home with basement consists of 3 units. Large 2 story barn all in Town. Purchasers to do their own due diligence regarding development of this property. Call for details. Asking $629,000. Call for more details. Call Roman Spytkowsky Broker - 905 528-8956 ext 4190
617 PARKDALE
859 WOODWARD, HAMILTON
420 PARKDALE UNIT 6
D E S
A
Industrial unit of approximately 15,000 sq ft. 2 drive in overhead doors and 1 loading dock. Small gated area. Ceiling height approx. 15 foot. Landlord willing to demise into 3 units of approx. 5,000sqft. Please note we will not consider 1000 – 2500 sqft units. Corner of Parkdale and Brampton Street. Call Roman Spytkowsky Broker - 905 528-8956 ext 4190
770 MOHAWK ROAD
Currently set up as medical use and offices. Looking for low traffic use. Space is approx. 950 sq ft. Units is ground floor of high rise in the commercial component. Base rent $21.00 per sqft. July 20–August 31, 2019
This is a double unit with 1 overhead door and one washroom. Unit is at the rear of the facility. No street frontage. Locked gated area for Tenants. Current unit is 9728 sq ft but Landlord will demise into 2 separate units depending on terms and Tenant Covenant. Easy access any time. Units are approximately 95 feet deep. Set up for warehouse or manufacturing. Call Roman Spytkowsky Broker - 905 528-8956 ext 4190
LE
Great unit approximately 5098 sqft. One drive in overhead door approx 12 wide by 14 ft high. 1 washroom and some walk in coolers available if required. (if required they will be removed). Easy and quick access to Burlington Street/QEW and Red Hill. Vacant easy showings. Call Roman Spytkowsky Broker - 905 528-8956 ext 4190
DO YOU NEED PROPERTY MANGEMENT? Residential, commercial and industrial Call Roman to discuss Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR
21
Hamilton
investorinsights
Pre-construction condos are a great investment
Pre-construction condos can be a highly lucrative investment with minimal effort. Here’s why.
to fix or maintain and your unit will rent out very quickly, saving you time for what really matters in your life.
4. Rental demand
1. Leverage
The number one reason why so many real estate investors look to the preconstruction condo market is the ability to leverage their money over time. With just 15 to 20 per cent of your own money, you can buy 100 per cent of an appreciating asset, and you get to hold that asset for three to four years without making any payments on it.
2. Access to triple-A locations
Condo investing allows ordinary investors to get a piece of real estate in otherwise unattainable locations. And with many developers offering flexible
deposit structures, you can own in prime locations for a fraction of what it would cost to buy a commercial property, a house, or a small apartment complex in the same locations.
3. Low maintenance
New condos are perfect for the busy professional or self-employed business person because you can own multiple units with little to no month-to-month property management. Compared to buying a house or a commercial property, new condos offer the lowest maintenance with the highest rentability, which means there’s nothing
Since the end of the highrise apartment construction boom of the 1960s, there have been almost no purpose-built rental buildings in the city of Toronto. Yet our city keeps growing every year. The need for new rental units is now being filled in part with new condominiums, and tenants always want to live in the latest and greatest buildings. Buying pre-construction guarantees that you will own the newest apartment on the block when the building is complete and condo investors know that renting out a unit in a brand-new building can be a very lucrative experience. CI
Outside stOrage/wOrk area space available
suitable fOr cOnstructiOn equipment, landscapers. Located in the industrial area of Dundas (City of Hamilton). Approximately 2 acres (75,000 sq. ft) at rear of landlord owned industrial building. Metered hydro available, secured with locked gates and perimeter secured by concrete blocks and creek.
cOntact: Owner bill at 1 905 873 4918 22
COMMERCIAL INVESTOR | Commercial Real Estate & Business Opportunities
July 20–August 31, 2019
Greater Toronto Area
Over 27 Years of
Cutting Edge Results
&
Shaul
Shaul Sharabi BROKER, B.A.
416.902.3770 “HALL OF FAME”
Rachel Sharabi
Rachel Sharabi SALES REP, B.Sc.
416.903.5598
“LIFETIME ACHIEVEMENT”
VIP Passes To New Condos Before Sale To Public Starting Out – Moving Up – Downsizing – Investing – Commercial
$1,129,000
BATHURST & SHEPPARD – STORE WITH APARTMENT AND OFFICE
$7,800,000
LAWRENCE & MIDLAND, TORONTO FREE STANDING COMMERCIAL PLAZA
$1,300,000
A CAR SHOP THAT SPECIALIZES IN VOLKSWAGEN & AUDI
Great Investment Property With Desirable “Roof Top Sign Income” Fully Rented “ A1” Tenants. Sheppard Hub. 2nd Floor Converted 3 Bedroom Apt w/ 1-4Pc Bath & Separate Walkout To Backyard. Main Floor-Long Time Tenant, With Walkout To Back Yard, 1-2Pc Bath & Stairs To Bsmt: 1-2Pc Bath, Separate Meters,Tenants Pay All Utilities,
Rare Opportunity To Own A Free Standing Commercial Plaza. 4 Story Building. Prime Location Highly Visible Corner Plaza And Apartment:10 Retail Stores, 11 Office Space,14 Apartments Units,30 Outdoor Parking And 49 Underground Parking.
This Business Is Fully Equipped w/ Everything You’ll Need From Building/Dismantling Cars, Give Safety Inspections & Yellow Stickers For Trucks. Well Established Clientele Since 2002. Affordable Rent. Inventory Includes: Cars For Sale,Tow Truck, Fork Lift,4 Hoists,1 Frame Machine,Tire Installation Machine/Balancer,Large Amount Of Inventory Of Used & New Parts,Sep Rims & Tire Section,3 Offices Fully Furnished,Security/Camera System,etc.
$649,900
$$1,150/MONTH
$79,000
WELL ESTABLISHED ART GALLERY & ONLINE AUCTION
RENOVATED 450 SF UNIT FRONT FOR SUB LEASE
Excellent Opportunity To Own A Business w/ Lots of Connections. Approx $2,500,000 Worth of Inventory! Owner In Art Business For Over 25 Years is Willing To Train. Very Fine Art Stock & Antiques. Tane Art Gallery Is Focused On Providing Top Quality Customer Service.
Offered Space Is Completely Finished w/ Laminate Flooring & A Washroom. Very Clean. Great Use For A Professional Office, Showroom, Etc. Head Tenant Uses Back Warehouse For Storage Only.
WOODBRIDGE TRATTORIA ESTABLISHED RESTAURANT FOR SALE
Great Opportunity To Own A Well Established Italian Restaurant At Weston Road & Highway 7. Fully Equipped Kitchen w/ High Quality Equipment. 8 Ft Hood Fan, 24 Seats. Monthly Lease Is $2,060 Incl. Tmi & Hst (Gas & Hydro Extra, Average $300 Monthly Each. Inc: All Kitchen Equipment & Working Tables, All Tables & Chairs, Cash Register, Etc. - List To Be Provided)
www.luxuryrealtybroker.com
*Free market evaluation • Virtual tour & pictures • Colour brochure • Wide exposure advertising
REALTRON REALTY INC, BROKERAGE INDEPENDENTLY OWNED & OPERATED July 20–August 31, 2019
*limited to $10,000
Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR
23
businesssavvy
Useful terms
to know before signing
a commercial real estate lease Whether negotiating the terms of your commercial lease agreement or trying to get a better picture of the full costs you’re about to assume, understanding the terminology of your contract is crucial.
net lease, you usually pay the base rent plus property taxes (though in some cases, you might pay for insurance or utilities instead). The landlord pays all other expenses.
6. Double-net lease (NN)
While it’s always best to have your lawyer (preferably one specializing in commercial real estate) review your agreement, here are some of the more common terms you’ll want understand – before you sign.
1. Incidental expenses
Your costs on top of base rent. These can include property tax, insurance, utilities, maintenance, common area costs and repairs.
2. Common area maintenance
This is an incidental expense in some commercial real estate leases. All tenants generally share common
24
area costs. Examples include fees for snow removal, janitorial services, landscaping, grass cutting and property management.
3. Gross rent lease
When you pay a single amount to the landlord that covers base rent and all incidental expenses.
4. Modified gross lease
When you and the landlord share certain incidental expenses.
5. Net lease
Where you typically pay for one incidental expense directly. In a single-
COMMERCIAL INVESTOR | Commercial Real Estate & Business Opportunities
When you usually pay the base rent plus two incidentals – for example, property taxes and insurance. The landlord covers all other expenses.
7. Triple-net lease (NNN)
A type of commercial real estate lease under which you typically pay the base rent, plus property taxes, building insurance and utilities, as well as other operating and maintenance costs. The landlord assumes no costs, other than those for structural repairs.
8. Percentage rent lease
Where you pay a base rent plus a percentage of gross sales over a
July 20–August 31, 2019
Greater Toronto Area certain minimum. These are usually used in malls and other multi-tenant retail locations.
9. Tenant improvement allowance
A cash amount offered by a landlord to help you pay for renovations to a leased space. The allowance is usually a certain amount of money per square foot of rented space. It is sometimes offered as a tenant inducement.
10. Tenant inducements
Incentives offered by a landlord to encourage you to rent a space. Examples include several months’ rent free or help with paying for leasehold improvements.
11. Trade fixtures
Items in a leased space that you can take with you when you move out and can generally be easily removed
without damaging the property. Examples include furniture, inventory and computers. Get advice from a commercial real estate lawyer before signing a lease to clearly define trade fixtures and to seek exclusions for assets you want to take with you when you leave.
12. Turnkey improvements (also known as turnkey buildouts)
Renovations that a landlord carries out at your request when you sign a lease. A landlord may agree to these as a tenant inducement.
13. Leasehold improvements (also known as tenant improvements)
Renovations to a leased commercial real estate space to make it suitable for your business. Unless otherwise specified in the lease, any improvement that is attached to the building usually
becomes the property of the landlord, meaning you can’t take it with you when you move out. Examples can include machinery, flooring and built-in shelving. Get advice from a commercial real estate lawyer when negotiating a lease to seek exclusions for assets that you want to take with you when you leave. Remember: If necessary, you can always apply for a leasehold improvement loan, a short-term loan (often amortized over five or six years) that you can use to pay for renovations to a leased space. You can sometimes negotiate a principal holiday for the first six to 12 months of the loan. Depending on the value of the improvement, a bank may accept the improvement as collateral for the loan, which could result in a lower interest rate than that for an unsecured loan. CI Source: bdc.ca/en
A Realtor Who Makes A Difference! 416.419.8232 BRANKO KRSTEV Direct: Remax Realtron Realty Inc. BROKERAGE Independently & Operated
SALES REPRESENTATIVE
29 YEARS Experience as a Full Time Real Estate Agent In Canada
Low Down Payment, Poor Credit, New Immigrant, Discharge, Bankruptcy, Self-Employed, Call Branko For A No Cost Or Obligation Appointment -
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Detached with lots of parking space. Call Branko 416-419-8232 July 20–August 31, 2019
Busy Family Owned Business Goldmine Investment Busy family owned business that’s been operating for 10 years. Call Branko 416-419-8232
21 Acres Prime Land. Excellent Opportunity. Don’t Miss This One. Call Branko 416-419-8232
Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR
25
Greater Toronto Area
Annie Byles
FULL TIME REAL ESTATE PROFESSIONAL PROVIDING QUALITY SERVICE SINCE 1985
sales representative
* New Hot listings sent to you daily* Strong connections with Major Lenders* * Free Market Evaluation*
*
416.726.4160
Direct Email annie4167264160@gmail.com
100% CLUB
www.anniebyles.com D SO L
Commercial Property For Sale Scarborough, Transit At Your Door, Approx 1/2-Acre Land + 8000 sf Building w/ Equipment. Used As A Car Wash/Detailing Centre 83.87’ X 242.5’ Lot Prime Main Street Location. Great Turnkey Opportunity To Build Your Own Business.
Renaissance by Tridel Impeccable Large 2 Bedroom Corner Suite, 1252 Sq. Ft., East-West Exposure, Large Terrace. 24 Hr Concierge, Great Building Amenities. Close to GO Station, Hospital, Walk to Shops, Schools, Transit At Door.
$2,680,000
$648,800
Luxury Tridel Built Beautiful Open Concept 1 Bedroom, 1 Bath, New Floor, Freshly Painted, Large Balcony, Panoramic East View. Great Rec Facilities. Close to Hwy 401, TTC, Shopping.
Yonge & Sheppard Bright Spacious Corner Unit, 2 Bedrooms + Den, 2 Baths, Great Layout, Laminate Floor. Walk Out To Terrace, Walk To Subway & TTC.
$360,000
$638,000
First Time Buyer’s Dream Exceptional, Spacious and Clean 1 Bedroom & 1 Bath, 1000 Sq. Ft. Plus. Popular Layout, Sunken Living Room Walk Out To Large Balcony, Large Eat-In Kitchen. Walk To Shopping, Subway, TTC At Door.
Lovely Tridel Condo Immaculate Condition Large 2 Bedroom Plus Den, Over 1400 Sq. Ft., 2 Baths, Balcony Breathtaking SW Exposure, 2 Car Parking. Walk To Shopping Mall, Schools, Hospital, 24 Hour Transit.
$359,900
$399,900
Detached On 50’ x 128’ Lot Lovely Open Concept 3 Bdrm Bungalow. Close To Lake Simcoe, Hwy 404, Shopping & Public Transit. Perfect For Young Family/ First Time Buyer. Priced To Sell, Must See!
For Lease Prime Scarborough, Transit At Door, Industrial & Light Manufacturing, Warehouse Space Facing Main Street, Good For Showroom. 7500 sf.
$429,900
$9.50 / SF NET
Tired of paying rent? Let me show you how to realize your dream! Call today for a no obligation appointment. Experience the difference. 26
COMMERCIAL INVESTOR | Commercial Real Estate & Business Opportunities
July 20–August 31, 2019
Greater Toronto Area
SkyViews
Ontario Fire Code to Add Steeper Fine Bracket Enabling legislation tucked into the 2019 Budget Measures Act
A second Fire Code violation will push Ontario property owners, manag-
Building Code Act. The Building Code Act further authorizes fines of up
ers, corporate officers and directors into a steeper fine bracket under pro-
to $10,000 per day for a continuing offence when convicted parties fail to
posed amendments to the Fire Protection and Prevention Act. New legisla-
bring their buildings back into compliance with a chief building official’s
tion tucked into the 2019 Budget Measures Act introduces a distinct slate of
order — a penalty that is not paralleled in the amendments to the Fire
penalties for “a subsequent offence” and clarifies that any conviction under
Protection and Prevention Act.
the Act or its regulations will count as a first offence.
The current $2,000 maximum fine for tampering with or removing a posted
Fire departments will also have more time to prosecute infractions with the
notice from the Fire Marshal will take the most extreme upswing as it, too,
addition of a new section to authorize action within one year of implicating
will be pegged at $50,000 for a first offence and $100,000 for a subsequent
evidence coming to light. Until now, the Act has been silent on timelines
offence. Fire departments can also begin to pass through costs when it is
for prosecution so fire officials have had to default to the parameters of the
necessary to close properties considered an immediate threat to safety.
Provincial Offences Act, which gives them just six months from the time an incident occurs.
“In cases where the building owner is either unwilling or unable to comply with the Fire Code, we have the ability to request authority (from the
“That timing was extremely problematic for us,” says Jim Jessop, deputy
Fire Marshal) to close the building. We get permission to literally go in and
chief with Toronto Fire Services. “These
change the locks and close the building,” Jessop explains. “In the past,
amendments will absolutely increase our ability to enforce the Ontario Fire Code and to deal with and mitigate other safety hazards not addressed in the Fire Code.” For example, complicated investigations in the aftermath of a fire can take
the costs of everything from staff time to locksmiths to erecting fencing to keep the public out were borne by the municipality, which we do not think is appropriate.” Tenants and service providers play a role in compliance
months to uncover all the contributing factors and related safety inadequa-
The Fire Code’s oversight of existing buildings makes it a more common
cies. “Because of the timing, we were not able to move forward with doz-
compliance challenge for landlords and their property managers than the
ens of prosecutions in cases where building owners had failed to comply,”
Building Code’s more scoped application to new construction and major
Jessop advises.
renovations. That’s particularly true in the residential sector where tenants
The extended period for prosecutions, more stringent fines and additional flexibility for the province and municipalities to recover costs from property owners are set to come into force 30 days after the Ontario legislature adopts the Budget Measures Act, but there has been little formal commu-
can inadvertently or purposely compromise life-safety protections — propping open fire doors, disabling smoke detectors in their own units or even vandalizing equipment. Industry insiders predict the new fine regime will come with a hefty cost hit.
nication of the government’s intentions. They were revealed in the final
“That first offence could be something like a door closer not working prop-
chapter of the provincial budget — entitled Details of Tax Measures — in a
erly and now it puts you in line for a substantial fine,” Daiter notes.
list with nine other planned legislative initiatives, and have received scant attention.
“Landlords are often held responsible for tenants’ actions simply because it’s easier to charge and fine a landlord than it is a tenant. Similarly, under
“We were not consulted,” reports Tony Irwin, president and chief executive
the current rules, many landlords would plead guilty and pay the fine, large-
officer of the Federation of Rental-housing Providers of Ontario (FRPO).
ly because it’s easier to do that than to go to court to try to defend against
“Nobody has really picked up that this is in the works. Even our (life-safety) service providers weren’t really aware that this is happening,” concurs
the charge,” Irwin says. “This is really going to change how they approach these types of matters.”
Randy Daiter, vice president, residential properties, with M&R Property
Reputable landlords and property managers endorse fire departments’ ef-
Management. “There seems to be a growing trend to adopt an enforce-
forts to deal with what Jessop terms “a minority of owners who are wanton
ment approach that’s geared toward generating revenue for government
and reckless, and are endangering tenants, occupants and responding
agencies.”
firefighters”. However, Irwin and Daiter reiterate that tenants and service
Subsequent offence category brings hefty cost hit Monetary penalties will jump significantly for the new subsequent offence category. Notably, corporations are currently subject to fines of up $100,000 for contravening the Act or any of its regulations. That cap will rise to $500,000 for a first offence and to $1.5 million for a subsequent offence. For individuals, conviction for any offence under the Act, not just those related to the Fire Code, will come with a first-time fine of up to $50,000. Subsequent offences will trigger fines of up to $100,000. The same increments apply for fines imposed on directors or officers of a corporation who are
providers also play a role in fire safety. “With elevators, the TSSA (Technical Standards & Safety Authority) has made the elevator contractors more responsible and, that way, they are getting better results,” Daiter submits. “Maybe there should be a similar mechanism to make sure service providers are really ensuring Fire Code compliance with professional rigour.” Nor is it a given that steeper fines will temper wanton and reckless behaviour. “If people aren’t motivated to do the right thing in fear of a $50,000 fine, they likely won’t change their ways at the threat of a $100,000 fine,” Daiter maintains.
aware that the corporation has violated the Fire Code, or who knowingly
Article by Barbara Carss, Editor-in-Chief
commit an offence under the Act or any of its regulations.
Canadian Property Management
This will match maximums already in place for offences under the Ontario
www.reminetwork.com
July 20–August 31, 2019
Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR
27
Greater Toronto Area
TIMOTHY DOBSON Sales Representative direct: email:
416-670-4251
office: 416-286-3993
tdobson@rogers.com
$949,900
DOWNTOWN WHITBY
CLASSIC BRICK PROPERTY IN GREAT CONDITION ON PERFECT CORNER LOT Commercial Gem Permitting A Variety Of Uses - Service, Retail Shop, Professional Office, etc. High Traffic Location, 15,000 - 20,000 Cars Per Day! 2 Separate Commercial Units Plus Basement Apartment, 4 Access Doors. Pro Forma Financials Available – Potential CAP over 5%, Plus Expected Potential For Future Redevelopment/Intensification. High Visibility Corner Location! Call Tim 416-670-4251 for more details and viewing. 28
COMMERCIAL INVESTOR | Commercial Real Estate & Business Opportunities
July 20–August 31, 2019
Greater Toronto Area
PLAZAS
CommerCial Building about 1100 sq. ft.
Food Store, Bank, RE (long term tenants)
Great Locations 6 + % C. R. Expansion Potential Center of Town Sunderland Hwy 12 - Premier Large Lot. Tenant will sign a 5-Year Lease back at $1,800/month. Land allows for expansion of building.
asking $475,000 Mike Nanavati, BROKER OF RECORD Wind Star Realty Limited
416.730 8484
mnanavati@sympatico.ca
adam Cox
Sales Representative d: 416-889-6449 e: avsold@aim.com
Commercial - Investment Re/Max All-Stars Realty Inc., Brokerage o: 905-477-0011
Highway 10/King Street, Caledon, only a few minutes drive to Brampton!
$899,000
$1,099,000
Prime Location in caLedon -
Prime Location in caLedon -
Great Commercial Opportunity For Investors On Hurontario And King St. Potential For Various Business Opportunities.
Great Commercial Opportunity For Investors On Hurontario And King St. Potential For Various Business Opportunities.
3029 & 0 King Street, Caledon 1. Prime location in Caledon 2. For commercial aspirants 3. Total area of both lots 55,321.20 Sq. Ft. approximate 4. Excellent opportunity for investor 5. Close to new residential area & other new residentials are coming soon! 6. Industrial area in vicinity 7. Already zoned commercial 8. Can use existing building as office 9. Busy highway
July 20–August 31, 2019
• • • • • • • • • • • • • • • • •
Animal hospital Laundromat Training Facility Business office Merchandise Service Shop Parking Lot, Commercial Personal Service shop Motor Vehicle Used Sales Establishment Dry cleaning or Laundry outlet Place of Entertainment Motor Vehicle Sales establishment Dwelling Accessory Private Club Training Facility Funeral Home Retail Store Sales Service & Repair shop Restaurant
VIJAY KUMAR
B R O K ER I A B R , S R S
647-261-1873 realtorvijaykumar@gmail.com www.vijayrealestate.com 905-454-1100
905-454-7335
Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR
29
Greater Toronto Area
STOP DROWNING IN DEBT!
CONSOLIDATE & GET ON THE ROAD TO FINANCIAL FREEDOM
CALL US FOR
NEED A MORTGAGE?
SUMMER SPECIAL
905.495.8116 Ext.102 www.regalfinancialcorp.com
CALL NOW to discuss all your mortgage needs! TERM
OUR RATE
TERM
OUR RATE
1 year fixed
4.09%
4 year fixed
3.79%
2 year fixed
3.79%
5 year fixed
2.89%
3 year fixed
3.79%
5 year variable prime -1%
*Updated June 25, 2019. *OAC (on approved credit)
EMERGENCY MONEY
for homeowners!
• 1st time homebuyers • Residential mortgages • Commercial mortgages • 2nd Mortgages
• Mortgage renewal/ refinancing • Home equity line of credit • Debt consolidations
• New to Canada! • Bad credit • Self employed • No job
Brokerage #10635
Here to serve and walk you through it all! 30
COMMERCIAL INVESTOR | Commercial Real Estate & Business Opportunities
July 20–August 31, 2019
Greater Toronto Area
Tony Giannini
direct 416-271-3943 office 905-268-1000
CAR WASH (PRINCIPLES ONLY)
ASKING $3.65 MILLION Established Six Bay Coin car wash and brand new state of the art double tunnel (Brush and Brushless). Just opened all in one property in the city of London Ontario. All situated on a 184’ x 308’ lot. Call Tony for Exclusive viewing.
Cindy Wen S A L E S R E P R E S E N TA T I V E
TOP PRODUCER
647.204.5336 ccwen008@yahoo.com www.TorontoHomeBuySell.com
Cindy Wen offers seller’s client: GUARANTEED HOUSE SOLD program, free property evaluation, free home staging consultation. Offers Buyer’s Client: Guaranteed stress-free experience, free home buyer consultation, best suitable mortgage solutions. CLIENT TESTIMONIAL
Remax Crossroads Realty Inc., Brokerage Office 416.491.4002
“I was very pleased with the job done by Cindy Wen. Her hard work and professionalism created maximum exposure, getting me well over the asking price on the sale of my house. Trusting in Cindy also got me a new home at a great price & in my desired neighbourhood. Cindy Wen is truly a top-notch Realtor. “ — Karl G
免費房屋估價及諮詢!
SOLD 120%
OF ASKING PRICE
IN 5 DAYS
DOWNTOWN FAMOUS RESTAURANT FOR SALE
INVESTMENT - COMMERCIAL OFFICE BUILDING FOR SALE
COMMERCIAL STORE FRONT & APARTMENT FOR SALE
Established Italian Restaurant at Yonge & Dundas w/ Fully Equipped Kit, LLBO & 50 Seats + Full Bsmt Space. Call Realtor Cindy 647-204-5336
At Victoria Park Ave, Only 1.5 Million. Great For Many Use - Rent It Out Or For Your Own Business Use. Call Realtor Cindy 647-204-5336
In Kensington Market Area. Great In Beaches Area - Affordable Rent & Best Investment For Rental Income Location & Best Investment - Only 1.6 Suitable For Many Uses. And Future Development. Million. Call Realtor Cindy 647-204-5336 Call Realtor Cindy 647-204-5336 Call Realtor Cindy 647-204-5336
July 20–August 31, 2019
COMMERCIAL RETAIL OFFICE SPACE FOR LEASE
COMMERCIAL PLAZA IN THE HEART OF TORONTO
Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR
31
legallyspeaking
SHORT-TERM RENTALS
Know the rules BY JAcquELINE MONETA JD wITH ASSISTANcE FROM JAYSON ScHwARz LLM
With vacancy rates down to 1.8 per cent across Ontario, many residents are pointing fingers at short-term rental properties as the cause.
Property owners are renting out houses, rooms or entire units for short periods (less than 28 days) in growing numbers, facilitated by online platforms. So before you sign up to use, list or buy, make sure you understand the rules and regulations governing short-term rentals in your area. 32
ZONING
One of the things that could become very sticky, particularly if you are considering renting out a freehold lowrise, may be zoning. The renting of a house or rooms therein may be contrary to the zoning by-law where the home is located. Let’s say the party gets loud and the neighbours complain to the
COMMERCIAL INVESTOR | Commercial Real Estate & Business Opportunities
police and to the zoning office of the city. As the owner, you are liable, and this could result in significant fines or worse. Advice: You should review your municipal by-laws before you post the house online, as individual municipalities in Ontario may have differing by-laws prohibiting or limiting short-term rentals.
ISSUES IN CONDOMINIUMS
Short-term rentals can sometimes lead to problems in condo communities, as people renting condos may be disruptive to other residents and may not follow the condo rules. July 20–August 31, 2019
Central Ontario Frequent examples of disputes include: • Renters causing issues within the building; • Restrictions and/or prohibitions in the condo’s declaration or rules against it; • An owner or resident was originally told they could host short-term rentals, but the board has since changed the rule; • There is a security concern about residents sharing keys with short-term rental tenants. How do you avoid these issues? If you are considering using your condo for short-term rentals, you should first review your condo corporation’s declaration, by-laws, and rules. A declaration and/or rules can include conditions or restrictions on the occupation and use of the units. For example, the declaration may say that the units can only be used for “private single-families.” In this case, owners
may not be permitted to use their condo for short-term rentals. Moreover, a recent Ontario court ruling has confirmed that condo boards can prevent owners from using their unit for short-term rentals by passing a rule. Your condo corporation’s documents may also set out a minimum permissible rental period. For example, your condo’s documents may prohibit rental or tenancy agreements for a period shorter than six months.
It is also important to send a letter or email about any issue to your condominium corporation. Your condo board or manager should be able to tell you how short-term rentals are handled in your condo corporation and let you know what they plan to do to address your issue. Mail, deliver or fax letters to the magazine or to us, use the web site (schwarzlaw.ca), email (info@ schwarzlaw.ca). We will try to deal with them in print or electronic form. CI
BE INFORMED
Short-term rentals can be a great source of supplementary income, but before you post or list your property on a short-term rental site, make sure that you understand the rules that govern you, both through your condo corporation and the municipality. Protect yourself by understanding how short-term rentals are addressed in your condominium corporation.
Advice: You should review your municipal by-laws before you post the house online
Bill Byers
Sales Representative bill-byers@coldwellbanker.ca www.temiskamingrealty.com 1-866-557-1110 705-647-1110 0
,00
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IndustrIal 12.98 Acres beside rail line with Town services. 3 large buildings 8,100 sq’ (2013), 4422 & 378 (Carport) sq’ (1980) 1408 & 792 (Carport) sq’ (1986). Englehart. MLS TM182801
IndustrIal Complex Over 16,000 sq’ building on over 6 acres with 3 Hwy entrances. Owner occupied, plus 4 Tenants. Multiple uses include shop, retail, office, & more with room to expand. New Liskeard. MLS TM190047.
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6 unIts 4 Residential + 2 Commercial fully rented. Many recent updates including shingles & Retrofit. Great downtown New Liskeard Location. MLS TM181659
Hwy#11 CommerCIal 93 Acres w/ Commercial Hwy entrance. 2 Homes, 70’ X 40’ & 40’ X 40’ Shops, Garage & more. Over 10 Acres of good solid gravel parking. W/ Agricultural/Commercial zoning there is a ton of potential. Near New Liskeard. MLS TM172580.
large BuIldIng Former Chicken Farm. 5,300 sq’ Barn w/ Office, 28’ X 60’ Shop, & 2 Smaller Barns. Tidy 4 Bdrm, 2 Bath House. Large Garden, nicely landscaped. 1.4 Acres. Just off Hwy 65 East between New Liskeard & Quebec. MLS TM172705
July 20–August 31, 2019
98
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CommerCIal Large 2 Storey building 4,285 sq’ on Main St. in Elk Lake (Hwy 65 & 560). Across from the Montreal River. Vacant with lots of potential for many uses here. Large Shop, 2 overhead doors, office, retail, storage, washrooms, new environmental report & more. MLS TM190097.
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Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR
33
businesssavvy
BDC study:
Strong online presence drives growth Growing a business online results in higher revenues, direct communication with customers and easier access to global markets, according to a new study released in July by the Business Development Bank of Canada (BDC).
The study indicates that although being online fuels growth, only four out of 10 Canadian small and medium-sized enterprises (SMEs) with an online presence sell, receive and take orders online. Consequently, 60 per cent of Canadian SMEs are missing huge growth opportunities. “Still too many Canadian entrepreneurs leave money on the table for grabs by Canadian and foreign online competitors. Considering worldwide retail e-commerce sales are expected to double between 2018 and 2021, it is vital that Canadian business owners take their digital presence seriously,” says Pierre Cléroux, vice-president, Research and Chief Economist at BDC. “A strong
online presence should be at the heart of any business that wants to continue growing and remain competitive.” The study is based on a survey of 1,485 Canadian businesses with an online presence and with national or international activities. Although most Canadians are buying online, close to half of all Canadian SMEs didn’t have a website in 2017, according to Statistics Canada. Growing online: Worthwhile but challenging The study finds that businesses building a market expansion strategy on top of an online strategy are more likely to enjoy higher revenues and profit growth. They are also close to three times more likely
to export. However, SMEs face a variety of challenges when growing their business online, such as data protection and security (32 per cent), lack of knowledge of Internet technologies (25 per cent) and the difficulty of hiring and retaining qualified talent (24 per cent). Only 15 per cent of respondents identify the cost of setting up an online store as their top challenge. Businesses that expand online spent on average $37,458 on their website and $29,210 on their online marketing in the last three years. Larger businesses tend to spend seven times more than smaller businesses to optimize their online presence. Planning is key “The first step in expanding online into new markets is to get your online strategy right. Then, you can build your market expansion strategy on top of it,” says Philippe Desjardins, business advisor at BDC Advisory Services. “As in many business opportunities, planning is the best way to achieve long-term, sustainable success and avoid common pitfalls.” The study also identifies six online practices businesses can follow when expanding to new geographic markets: 1. Measure your business’ website performance 2. Improve your visibility with search engine optimization 3. Invest in search engine marketing 4. Continually tweak your website to meet customer expectations 5. Make your online expansion plan the core of your strategic plan 6. Personalize it with customization CI Source: Business Development Bank of Canada. bdc.ca
34
COMMERCIAL INVESTOR | Commercial Real Estate & Business Opportunities
July 20–August 31, 2019
Niagara Peninsula p o i r i e r r e a lt yg r o u p. c o m
View Our Magazines On any
DigiTaL DeViCe
call us today! 905-531-4147
Catherine
Poirier Realty Group CHAIRMAN’S CLUB TEAM
anytime, anywhere!
PLATINUM’S CLUB TEAM
Garden City Realty Inc., Brokerage
John Harber
Sales Representative
Catherine Poirier Perry Poirier Broker
Sales Representative
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POTENTIAL FOR 24 LOTS
Now you can view all Commercial Investor magazines online using any smartphone, tablet or desktop device.
Urban warehouse zoned light industrial with potential for residential redevelopment in Hamilton. Lot 192 x 295. Great location. Close to Nikola Tesla Boulevard (old Burlington Street) and Main Street East. Call to view or for more details today. $2,750,000
TheCOMMerCiaLinVesTOr.Ca
905.774.7624
South Cayuga, Haldimand County
Sutor Plantation Estate
66 Acres all treed with mature forest, including 27 Acres hardwood and 30,000 pine trees. Quiet country road access with a stream going through the property. Great location for a Dream Home. For more information call Jack.
Amazing opportunity to purchase in this rapidly growing area of Hamilton. 1/2 Acre site located across the street from “The Center of Barton”. Excellent exposure to public with 3 road frontage and easy access from major Highways. City grants available for development. Public transit with the LTR planned to stop not far up the street. Great opportunity to lease large to small square footage in east end of Hamilton. $2,395,000 or leases starting as low as $2.00/sq. ft.
For Sale to Sold!
Jack Huitema Broker of Record
LET REAL ESTATE WORK FOR YOU
220 Broad Street East, Dunnville, ON N1A 1G2 Each Office Is Independently Owned & Operated
Caledonia
Dunnville
Broiler Farm
Residental 4-plex
Modern 2 Storey 48x200ft Broiler barn, along with 4 smaller barns also equipped for Broilers. Farm has a large land base for Cash Cropping. 19,000 bu Grain bins. 60x120ft Drive Shed with rollup door. 3 Bedrm Century Home with gardens and mature trees. Call Jack for details.
Fully occupied. Good Income. Gross Rental 2018 - $32K. 2 - 2 bdrm and 2 - 1 bdrm units. Separate utilities. Short walk to schools, downtown restaurants + shopping. For more information call Jack.
www.coldwellbanker.ca July 20–August 31, 2019
Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR
35
businesssavvy
First steps to starting a small business BY GeoRGe GRiGnano and WiLL ToWnSend
The right attributes, a good idea, a plan to make it work and a way to finance your business are all ingredients in the recipe for success. Here are some considerations: The familiar characteristics of a successful entrepreneur include: Optimism – Entrepreneurs focus on solutions, not problems. Passion – The quality that fuels their business and their personal lives. Persistence – Entrepreneurs keep going in times of adversity and stay focused on the end goal. Flexibility – The ability to adapt to a changing environment. Education – Not formal education but a desire to learn and a drive to improve. Focus – Entrepreneurs focus on the big vision and recognize that shortterm wins, although important, must add to long-term success.
Generating a business idea
The next step is to identify a gap in the market that your product or service will exploit. This is easier said than done and can be the toughest part of setting up your own business. To do this, ask yourself these questions: What services or products are missing from the market? Could you invent a new product? What do you dislike about existing products and services? Could you improve them? Using your own life experiences to inspire your ideas can help you spot business opportunities. This will also make you passionate about your product as you will be able to see and sell the benefits. Remember, passion is one of the key characteristics of a successful entrepreneur. 36
Turning your idea into a strategic plan
Studies show that a significant amount of new businesses with no business plan fail within the first two years. Your business plan reflects how you see your business developing and maps out how you intend to drive your business forward. It should set out your product, your intended market, and your key financial targets such as projected sales and profits.
Financing
Your plan should also show the seed capital you need to start up and your day-to-day working capital requirement. It is vital that your assumptions and estimates are accurate and reasonable. Do this and you will be able to foresee any problems and resolve them before they happen. A robust business plan allows you and potential investors to see how your business may perform in the future.
Here are some ways for you to finance your business:
– Investigate any government support such as grants or loans. – Borrow money from a bank or other lender. – Ask for help from friends or family. – Look at equity financing, where you raise money from external investors in return for a share of your business. These investors will usually be venture capital firms or business angels.
COMMERCIAL INVESTOR | Commercial Real Estate & Business Opportunities
– Consider bootstrapping, a way of starting a business without external finance. This method is more strategic and focuses on creating cash flow, minimizing expenses and reinvesting profits.
Structuring
How you structure your business will depend on what it is, how you finance it, and your long-term business goals. It will likely be a sole proprietor, partnership, franchise or corporation.
Before deciding on the structure, answer these questions:
~ Is it important that you limit your personal liability? ~ Does your business need to meet any regulatory requirements that may have a bearing on your business structure? ~ How important are ease and set-up costs? One structure may be easier, quicker and cheaper than another. ~ Do you have an exit plan? If so, consider how the structure choices impact on your plan. The tax and accounting requirements you have to meet will depend on where you operate. Also depending on where you operate, there may be government tax incentives, so be sure to investigate this. Wherever you are and whatever your business, choosing how to structure your business is an important decision. It is worth seeking professional tax and accounting advice to help you make the right choice. Becoming a successful entrepreneur isn’t easy. If you have the right entrepreneurial characteristics, the right idea and structure your business the right way, you’ll stand a good chance of succeeding. CI July 20–August 31, 2019
Eastern Ontario
MATTHEW GARNET
B.A., C.S.C.
S A L ES R E P R ES E N TAT I V E
Tel 905.773.8000
For Powerful Performance, “Deal with The Dragon!” DIRECT
416.509.3036
CAMPBELLFORD
14.29 ACRES OPPORTUNITY KNOCKS! Introducing “The Ridge” 14.29 acres ideally situated abutting the urban boundary and over looking the Trent/Severn Canal! As ”infill” as they come, this parcel is nestled amongst residential homes with excellent road frontage on 6th Line West and Victoria Street. Municipal services only steps away, this property is a blank canvas for your “inner” developer. Minutes away from downtown Campbellford. Right off County Road 30/Grand Road. Irreplaceable opportunity to sever the property into 4 estate lots fronting a municipal road with municipal services just meters away. Perfect for that “Family Compound” on the Trent Canal.
SUBJECT PROPERTY
For more info call
Matt "The Dragon" Garnet 416.509.3036
SUBJECT PROPERTY
mattsdragonz@gmail.com July 20–August 31, 2019
Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR
37
Business Investor
Flip like a pro. T H E P R O F L I P Z E R O M O N E Y D O W N P R I V AT E M O R T G A G E
Leverage equity in existing real estate to purchase a new property with little to no money down. The PROFLIP Zero Money Down Private Mortgage is a fantastic avenue for those who have existing real estate but do not have available cash on hand to fund down payments, renovations, closing costs or interest payments. PROFLIP is a concept that allows borrowers to utilize the equity they have in an existing collateral property in conjunction with a subject property they are purchasing, in order to leverage more total equity to borrow a larger loan amount. Through a private financing structure, a lawyer will facilitate a charge registration that places a mortgage on both parcels of the borrower’s real estate. The amount of equity available in the collateral property will dictate how much more a person is able to borrow. TM
How it Works + Subject Property
Collateral Property
Combine Equity
Renovate
Release Debt
1
2
3
4
5
The borrower acquires a new subject property for which they would like to flip.
The borrower also owns a collateral property which has available equity to borrow against.
By combining the equity in both properties, the total asset value increases enabling the borrower to attain a larger total loan amount.
EXAMPLE
Flipping a Home With Zero Money Down Subject property value Collateral property value Total cumulative value
$1,000,000 + $950,000 = $1,950,000
New mortgage request Existing collateral property debt Total cumulative debt
$1,300,000 + $300,000 = $1,600,000
Total cumulative LTV* ratio
82%
Additional rennovation allowance of $500,000
The borrower can utilize The borrower refinances or sells funding from the larger loan to purchase and the subject property, renovate with effectively releasing the zero money down existing debt on both properties. or out of pocket.
In this example, the borrower is able to obtain a loan of $1,300,000 on a property originally worth $1,000,000 because of the equity pledged in the collateral property. If that same investor went to the bank and received 80% financing based on the subject property value alone, they would have only receive a loan amount of $800,000.
By leveraging their collateral property, the borrower has access to an additional $500,000 to put towards their down payment and renovation costs.
3410 South Service Rd., Ste. 200, Burlington ON | 1.888.330.3866 | info@ProFunds.ca | #12051 38
COMMERCIAL INVESTOR | Commercial Real Estate & Business Opportunities
ProFunds.ca July 20–August 31, 2019
Business Investor
Be the bank. BORROWING MONEY TO LEND TO MORTGAGES Investing requires access to capital. While some investors use their own savings, others find alternative ways to invest by borrowing funds through leveraging existing equity in their real estate. Because earnings from mortgage investments are greater than the cost to borrow from conventional lenders, borrowing against your property can prove to be a profitable and rewarding investment strategy. Below are two examples of borrowing funds against your real estate to lend to mortgages. The first option considers a Mortgage Refinance, where you can access more of the equity in your property and a portion of your interest payments go towards your principal pay down. The second option considers a Home Equity Line Of Credit which consists of interest only payments. This is a more flexible option, but will limit a borrower to how much they can extract. SCENARIO 1
SCENARIO 2
Mortgage Refinance
Home Equity Line Of Credit
DETAILS
DETAILS
Property Value
$500,000
Refinance *3.65% Fixed | 30 Year Amortization
80% LTV**
New Mortgage
$400,000
New Mortgage
$325,000
Monthly Mortgage Payments
$1824
Monthly Interest Only Payments
$1,205
Property Value
$500,000
HELOC
65% LTV***
4.45% Interest
INVESTMENT EXAMPLE
INVESTMENT EXAMPLE
14% Annual Return
14% Annual Return
7% Monthly Interest + 7% Deferred Lender Fee on Payout
CASH FLOW
Monthly Interest Earned $400,000 at 7% Annually
7% Monthly Interest + 7% Deferred Lender Fee on Payout
CASH FLOW
$2,333
Monthly Interest Earned $325,000 at 7% Annually
$1,896
Mortgage Payments
– $1,824
Interest Payments
– $1,205
Net Monthly Cash Flow
= $509
Net Monthly Cash Flow
= $691
PROFIT
Net Annual Cash Flow
PROFIT
$6,112
$509.33 x 12 Months
Principal Pay Down 1 Year
Net Annual Cash Flow
+ $7,518
Defered Lender Fee
+ $28,000
Total Net Profit
= $41,630
Defered Lender Fee
+ $22,750
Total Net Profit
= $31,037
Numbers rounded to the nearest dollar. *Rates and terms subject to fluctuation. OAC. **80% Loan to value ratio is the typical maximum on a refinance. ***65% Loan to value ration is the typical maximum on a secured line of credit.
3410 South Service Rd., Ste. 200, Burlington ON | 1.888.330.3866 | info@ProFunds.ca | #12051 July 20–August 31, 2019
$8,287
$690.62 x 12 Months
ProFunds.ca
Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR
39
WE HELP YOU GROW YOUR DREAMS
Franchise and Business Opportunities
Featuring: Commercial•Industrial•Franchise+Business Opportunities
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September 31–October 30, 2019 Volume 19 | Issue 1
Full Coverage Area Including: London • Kitchener • Niagara Falls • Hamilton • Toronto • Ottawa TrenT Hills | 14.29 Acres wiTH excellenT roAd FronTAge
Daphne Kua, Media Consultant 1-866-532-2593 | daphne@mediaclassified.ca
The Best Selection of Commercial, Industrial, Franchise and Business Opportunities 40
MATTHew gArneT sales representative Re/Max West Realty Inc., BRokeRage. dIRect: 416.509.3036 offIce: 905.773.8000 eMaIl: MatThelandFinder@gmail.com
• 27,994 square feet. 5 drive-in doors & 1 truck level • 2.8 acres • M2 zoning. Permits a wide range of uses including motor vehicle repair and outside storage. CONTACT: MICHAEL BABBIE, Sales Representative mbabbie@cbci.ca | d 289 725 5088 | c 647 272 5899 MICHAEL SCHULER, Senior Vice President & Partner mschuler@cbci.ca | d 289 291 5067 | c 416 274 7467
LARGE AND SMALL APARTMENT BUILDINGS WANTED
Global Brokers Internet Advertising
75% EXCLUSIVE Real Estate Opportunities
4 -4 8 7 5 21 6-
1.866.536.2606 | yhanique@mediaclassified.ca
Introducing “The Ridge” 14.29 Acres Ideally Situated Abutting The Urban Boundary & Over Looking The Trent/Severn Canal! As “”Infill”” As They Come, This Parcel Is Nestled Amongst Residential Homes w/ Excellent Road Frontage On 6th Line West+Victoria St. Municipal Services Only Steps Away, This Property Is A Blank Canvas For Your “Inner” Developer. Mins. Away From Downtown Campbellford Right Off County Rd 30/Grand Rd. Ideal Investment For Future Development.
41
FOR ADVERTISING INFORMATION CONTACT Yhanique Facey, Media Consultant
353-357 ARVIN AVENUE, STONEY CREEK
NATIONAL REAL ESTATE INFORMATION LISTING SERVICE
www.nreils.com
Free to Search Everyone can search within 5 seconds
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D TE AN W
ED NT WA
W AN TE D
SOLD BY WINCORP REALTY INC. • Large and Small Apartment Buildings anywhere in Ontario • Have many CASH Buyers ready to invest NOW • Specializing in multi-residential sales for over 40 years • References supplied • Confidentiality guaranteed CONTACT: WINSTON DAVIES, BROKER OF RECORD WINCORP REALTY INC. REAL ESTATE BROKERAGE GUELPH, ON tel: 519-836-2080 eMaIl: wjmdavies@rogers.com
H
A
M
I
L
T
O
N
Mazhar Roshan Sales Representative
905.929.9800 647.609.9463 905.574.6400
Direct GTA Direct Office
mazharroshan@sympatico.ca GLANBROOK
HomeLife Professionals Realty Inc.
BROKERAGE
I have qualified buyers for up to $5M in commercial and investment buyers. Call for details.
NEBO ROAD - HAMILTON WELL ESTABLISHED HIGH VOLUME CANADA POST FRANCHISE BUSINESS AVAILABLE FOR SALE For more inquiries please call Mazhar Roshan at 905 929 9800
Plaza location long established hair salon business for sale. Major tenants are tim horton’s, Esso, gino’s pizza and more. Asking price is less than the set up cost and lease hold improvements. Most chattels and fixtures included, good for hands on professional. Do not go direct. Call lbo for more details.
BURLINGTON FOR LEASE
2000 Sq. Ft. on lower level for storage.
Nice investment and future development 3 properties to be sold together. Located is Red Hill Business park, cross from Canada bread, fully rented and net yearly income $58,500.00 Asking 1.3 million for more details and showing call Mazhar Roshan at 905-929-9800.
GLANBROOK
UPPER WENTWORTH - HAMILTON
Plaza location store front 1021 sq ft major tenants tim horton’s, Avondale, Esso gas station, gino’s pizza and many more. Good for retail office or commercial use. Close to Hwy, shopping, and densely populated area. Showings tues-sat 11-6, 24 hours noticed required. For more details call lbo.
Great investment opportunity. High traffic central mountain location approx. 2,800 Sq. Ft. two units one dentist, the other catering business. Many updates including exterior stucco, newer A/C, furnace. For viewing and details call lbo. Do not go direct. 48 hrs notice for showings. Showing between 9-5, Monday-Friday only. No weekend showings. $699,900
Price includes 2 buildings, 2 bedroom house, retail, convenience store, with w/in cooler, catering take out business, lottery, ATM, and much much more. Lots of potential, retiring couple, good for home and work, retirement community.
18 ACRES OF LAND
PRICE REDUCED - $599,000
53 ACRES OF LAND
RE
DU
CE
D
S
D L O
RETIREMENT COMMUNITY
Across from new proposed Hospital in Niagara Falls off exit #21 of QEW. Land has 1,900 Ft. frontage. Great potential for future development. Call Mazhar Roshan for more details.
Country in the city. Minutes from Ancaster fairgrounds. 7.75 Acres of land on Wilson, build your dream home on this lot facing onto two streets. Nice investment for future development. Corner of Wilson & White Swan Rd. Call LBO for more details. Buyer or his agent to do due diligence for future development.
Off exit # 21 QEW minutes away from new proposed hospital. Good for future development or investment. Land has 1,800 Ft. frontage on QEW. 2,400 ft on Marshall Road and 1,200 Ft. on Willodell Road. Currently leased to a farmer. For more details call Mazhar Roshan.
HAMILTON
125 TOLTON AVENUE
CARE FREE INVESTMENT PROPERTY
Long established variety and laundromat business. Store sale $22,000 per month. Lottery income $3,600 per month. Nevada $300 atm $300 per month. Laundromat income $9000/mth. 20 Washer and 15 dryers (few newer) alterations and dry cleaning drop off. Very reasonable rent. Long lease. Do not go direct please call lbo for more details
2,392 Sq. Ft. Long established convenience store, owner retiring, located in mature neighbourhood, well built building, store with 3 bedroom residence. For more details call LBO.
Care free investment property in hwy 21. 1.5 Acres of land with 6000 sq.Ft. Building. Commercial part 4200 sq.Ft. Leased till 2025 net income is $25,000 per year. 41
www.teammilovick.com
519-745-7000
Grand Valley Realty
BROKERAGE INDEPENDENTLY OWNED AND OPERATED
Unit 15C, 370 Highland Road West, Kitchener, ON N2M 5J9 fax: 519-489-1333
Mike Milovick B.B.A., CCIM, Broker mike@teammilovick.com
Jennifer Shingler
www.TeamMilovick.com
Invest in Ontario’s Number 1 Town Today!
Sales Representative jenn@teammilovick.com
Subscribe: Latest KWC Real Estate News: www.FaceBook.com/TeamMilovick 304-690 KING STREET W, KITCHENER
4-451 ALBERT STREET, WATERLOO
$
270,000
D L O S
• The student condo that you have been waiting for! Full renovated and shows AAA. • Marble counter tops. Two modernized bathrooms. • Beautiful plank flooring throughout! Turn key, rental licensed, City Approved opportunity available in desirable Maple Grove complex. • Well managed, stable complex. • Exclusive
$
359,900
• Turnkey living in desirable Mid-Town Development. • 9 foot ceilings and quartz countertops. • Stonerox brick accent living room wall, • Strip glass mosaic kitchen back splash I • This home is ideal for investor. Tenant is on written lease until end of September and is flexible and may stay depending on buyer preference. (id:27)
$
389,900
• $2239 Gross Monthly Income • Massive, 1400 SF, Three Bedroom Unit Available Here! • 5 Years Young! • In Suite Laundry • Contemporary Finishings that Students Love • Steps to WLU, Easy walk to UW • Leases in Place to At Least end of August, 2020 • MLS®
97 MARSHALL, STREET, WATERLOO
45 HIGH STREET, WATERLOO CO UN NT DE RA R CT
304-275 LARCH STREET, WATERLOO
304-8 HICKORY STREET WEST, WATERLOO
$
399,000
$
439,900
• Pre-Construction Assignment Condo Opportunity in Desirable Northdale! • Spacious, 771 square foot, two bedroom, two bath suite with 108 square foot balcony! • Located almost across the street from WLU’s Lazaridis Business Building, this opportunity could work well for student/university/hi tech employee or entry level investor. • MLS®
• Rental Licensable Opportunity! • Tremendous proximity to Wilfrid Laurier University, Uptown, and Sobey’s Plaza. • Super clean, strikingly original, sample of late 50’s, early 60’s bungalow construction. • Newer roof and furnace. • This property works well investor, renovator/ flipper or parent with kid going to University. • MLS®
99 KEHL STREET, KITCHENER
6 SMETANA DRIVE, KITCHENER
$
600,000
• Exclusive development opportunity located within a 10 minute walking distance to Mill Street LRT Station. • Planner says 10 to 12 units with current R6 zoning, maybe up to 15 with minor variance for parking. 14 units with future zoning. • Large, easy to work with site maximized with a frame build. • MLS® 42
$
665,000
• Open concept, contemporary, 2496 SF of finished space, purpose-built, owner-built, legal duplex in desirable Grand River North! • Separate meters: water, electricity and gas. Two gas furnaces! • Double car driveway - occupants do not have to park in tandem. • MLS®
$
599,900
• $50,000+ Gross Annual Income • Multiyear Leases Until At Least August, 2019 • Positive Cash Flow With Just 20% Down • Single Detached Garage • Main Floor Unit Completed Updated • City Approved Rental Licensed Operation • Desirable 5+3 Bedroom Lay Out • Easy Walk To Uw And Wl • MLS®
109 BRUCE STREET, KITCHENER
$
739,900
• $38,500+ Gross Annual Income Available Here! • Entry Level Apartment Building • Two 2 bedroom units, Two bachelor units • Desirable Romseount/Heritage Park area • Opportunity to increase rents significantly to market on re-rental • Oversized/divided double car garage • Shows clean with updates • Great rental location, 3 kilometers to Google • MLS®
Colliers International Niagara Ltd.,
Real Estate Brokerage 82 Lake Street, Suite 200, St. Catharines, ON L2R 5X4 www.collierscanada.com 905-354-7413 70 NIaGara street st. CatharINes
1579 Creek road, NIaGara oN the Lake
4810 GarNer road, NIaGara FaLLs
+/-22,439 sf warehouse/manufacturing unit available. 22’ clear ceiling hgt., 24’ to u/s roof deck. 14’ drive in door, 6 truck level doors. 600 V power. Large fenced compound. Ample parking. Located on busy Niagara St. in central St. Catharines. Easy access to the Q.E.W. Close proximity to Hwy. #406 Offered at $6.00 psf n/n/n - $2.50 tMI Contact ralph roselli, Sales representative ralph.roselli@colliers.com
A unique opportunity to lease +/- 1,000 sf to +/-14,000 sf in an agricultural distribution facility in beautiful Niagara on the Lake. Situated on +/- 1.99 acres. The property offers a single storey commercial/ industrial building with clear ceiling heights of 9 ft. to 10 ft. , multiple cold storage rooms, basement access, truck level & front loading docks, ample parking. Offered at $18.00 psf n/n/n Contact Mike Halliday, Sales representatives mike.halliday@colliers.com
Great future development site located one parcel away from urban boundary, currently farmed by owner and local farmer. Survey dated April 2008 available. This site is not contained with the greenbelt, topography is generally flat w/two small wood lot sections.
6894 GarNer rd., NIaGara FaLLs
570 WeLLaNd ave., uNIt 5 st. CatharINes
Pt tWP Lt 25 MouNtaIN, NIaGara FaLLs
Site plan approved for a two storey, 7 unit, turnkey townhouse development. Well positioned in prime new residential development area of Niagara Falls. Offered at $699,000 Contact david fulton, Sales representative david.fulton@colliers.com or Mike Halliday, Sales representative mike.halliday@colliers.com
+/-51,000 SF, 12 year old warehouse building For Sale in one of St. Catharines largest industrial complexes. The building includes offices, a cafeteria and washrooms. The shop floor area has a sloped roof with 23’ ceiling height at the peak and 18’ at the eaves. Offered at $3,900,000 Contact Gregory Chew, Sales representative greg.chew@colliers.com
Zoning approved for 36 large luxury +-1500 SF Units. Prime residential lot on main thoroughfare between Niagara-on-the-Lake and Niagara Falls. To the north, Mountain Rd. becomes the main artery into Niagara-onthe Lake, and to the south, leads directly to Niagara Falls. 10 minutes to Casino Niagara, the Horseshoe Falls and the Rainbow Bridge US border. 3 minutes to the QEW. Beautiful view overlooking the Eagle Valley Golf Club. Offered at $1,450,000. Contact Gregory Chew, Sales representative greg.chew@colliers.com
Offered at $1,400,000.00 Contact taylor Wilson, Sales representative taylor.wilson@colliers.com
NeW PrICe
442 MILLeN road, uNIt 9 & 10, stoNey Creek
144 duNkIrk road, st. CatharINes
Prestige Ind. Condo Units available, with excellent Q.E.W. exposure on the South Service Rd in Stoney Creek. High traffic location visible from both the Niagara & Toronto bound routes. Unit 9-2,300 sf ground floor with 1,150 sf 2nd fl comprising of approx. 2,300 sf finished office space, balance warehouse w/10 x 12 O.H. door. Unit 10- 2,300 sf ground fl space, approx. 200 sf showroom, balance warehouse w/10 x 10 O.H. door. Offered at $1,295,000 Contact ralph roselli, Sales representative ralph.roselli@colliers.com
Re-locate your business to this well maintained warehouse/industrial building comprising 17,900 +/- sf with additional basement area of approx. +/-1,500 sf. Excellent highway exposure at the base of the Garden City Skyway, visible from both Toronto & Niagara bound routes. Offered at $3,995,000 Contact ralph roselli, Sales representative ralph.roselli@colliers.com
Brokerage appraisals ManageMent
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.” 43
$649,900
$1,500/MONTH
7 TALBOT STREET EAST, CAYUGA
7104 CANBOROUGH ROAD, CANBOROUGH
Ideal Cayuga investment opportunity with prime, commercially zoned corner lot. Offering detached shop operating as “Garvie’s Automotive”, specializing in service-orientated mechanics garage & used car lot. Buyer to verify in regards to zoning, permit availability & overall due diligence.
Turn-key commercial kitchen. Asking $1500 p/month plus apportioned share of utilities. Offers functional kitchen, large sit-down bar, 5 booths, extra table for 6 plus private outdoor patio. Includes exclusive use of all kitchen equipment,cutlery,equipment, etc. Tenant responsible for all liquor licence applications.
$2,750,000
$1,500,000
15 JAYLIN CRESCENT, PORT DOVER
7 JAYLIN CRESCENT, PORT DOVER
Prime 4.22 acre (total of both properties) boasts est. turn-key marina in heart of Port Dover. Over 1000 ft of frontage on Black Creek with Lake Erie access. Features 70 slips with on-shore decks/water, 300 boat storage, retail store, heated shop, 1872 sf club house, all equipment… solid income. RARE!
$799,000
$980,000
$399,900
86 MUNSEE STREET N, CAYUGA
1854 TRINITY ROAD S, ANCASTER
628 BROAD STREET E, DUNNVILLE
Well priced commercial property/building located in Cayuga’s established north end. Incudes approximately 6400 sf metal clad building with approximately 3000 sf attached rear leanto + approximately 1200 sf upper level mezzanine/ office. Situated on 1.47 ac lot offers large paved front parking area+fenced rear storage compound.
Profitable boarding/grooming kennel business on 2.3 ac lot with renovated bungalow + attached garage. Features custom kitchen, family room w/ FP, vaulted ceiling+patio door, patio walkout, living room with FP, 3 bedrms + 5-pc bath. LL incl rec rm, 3-pc jacuzzi bath + 4th bdrm. Fully equipped 2533 sf kennel & 3384 sf 4-stall B&B livestock barn.
Tremendous, high traffic commercial opportunity w/move in ready building w/numerous upgrades throughout. Recent highlights include steel roof, siding, windows & doors, modern interior decor, 2 baths, multiple options for office areas,attached garage/ shop & roll up door, & ample parking.
44
FOR SALE
747 & 761 KING STREET EAST HAMILTON, ON
PRICE: $2,950,000.00
Kitchener Sixplex $919,900 Exclusive Listing.
Oxford County Fiveplex $631,900 Exclusive Listing.
PROPERTY DETAILS + Rare opportunity - User/Investor or Developer + Located on Future LRT Route in walking distance from future Wentworth Station + TOC1 zoning (allows a wide variety of uses including retail, office and residential) + Retrofit or redevelopment! + 25,165 sq ft of above ground commercial space over 2 floors + Some space finished rehearsal/studio space + Two separate lots totaling 0.73 ac
Former Restaurant Building on corner lot just less then an acre. $345,900 MLS.
Shakespeare Former Restaurant sits on 1.46 Acres, C-1 Zoning. $519,900 MLS.
+ Post and Beam construction with high ceilings
Wanted: Muti-unit Res Building, plazas and development land. CONTACT US
nick tsimpragos
Broker
519-729-8493
JONATHAN LEARY* DAVID MERKER*
Wolle Realty indEpEndEntLy OwnER And OpERAtEd
Email: tsimpragos@rogers.com | nicktsimpragos@royallepage.ca
Vice President +1 905 315 3695 jonathan.leary@cbre.com
Sales Representative +1 905 315 3676 david.merker@cbre.com
*Sales Representative
CBRE Limited Real Estate Brokerage 1235 North Service Road W | Suite 101 | Oakville, ON
DEVELOPMENT OPPORTUNITY Outstanding investment opportunity in the heart of the New Employment District of North Oakville. Prestigious location with 245 ft frontage on Dundas Street. Surrounded by major future employment development project.
M. Abusaa Broker of Record 416 825 7775 m.abusaa@akarat.ca
Hesham ElZoghby Broker 647 705 2620 h.elzoghby@akarat.ca 45
Licence # 11995
ATUL BHATT Mortgage Agent M16000002
Working for You NOT the Lenders • Commercial Private Financing • Hotels, Plazas, And Apartment Loans • Small Business Loans • Private Residential Financing • Residential 1st And 2nd Mortgages Direct: 647-895-7653 abhatt164@gmail.com
|
mortgageweb.ca/atulbhatt
Independently Owned & Operated Mortgage Lic# 11995
Head Office: 201-10815 Yonge Street, Richmond Hill, ON L4C 3E3 46
“WE PRODUCE RESULTS”
FREE CMA EVALUATION with this ad cut out LAND DEVELOPMENT / INVESTMENT BUY & HOLD FUTURE SELLING DISTINCTIVE
LIFESTYLES 1917_DJW_4_0001
Paul J. Szostak
Broker / F.R.I. / P.S.A. / S.R.S. / C.-C.R.E.C. / A.S.A. / A.B.R. / S.R.E.S.R.C.C. (Past Chair) / R.A.H.B. (Director 2011-12)
stakteam@gmail.com
905.333.3500
FILM MAKER SPECIAL
1917_DJW_4_0001
MLS # H4048007 $468,000 Beautiful Raised Bungalow with Walkout. Lower level layout studded, wired, plumbing and ready for boarding as in-law suite with walkout to natures finest with true country feel over-looking farmers fields in quite and elegant 2 year new subdivision within all amenities.
MLS # 4056576 $758,888 Dynamic outstanding gem completely redone 1.5 storey with second residence building detached at rear of property with stand alone sewer system etc. Income/ investment opportunity in West Hamilton across from historic Dundurn Castle. Unmetered water.
BUY/HOLD INVESTMENT APPROX. 10% CAP RATE SEE E TOU VIRT RIC P R P UAL ICS NEW
1917_DJW_4_0001 RETAIL WITH BUILDING UNDER 10,000 SQ.FT. SEASONAL COMMERCIAL
$588,888.00
$550,000 Multi use fully tenanted property with turn key operation. Seven units with separate meters. The 7th hydro meter is being installed. This amazing opportunity to generate approximately $52,000 net operating income! Roof replaced approx. 5 years ago. Parking available for up to 10 vehicles. Appraisal is available at a cost of: $2500.00 / AACI /2018 Value: $550,000.00 . Excl. MLS# H4047196.
Mini- Putt and building was used for hot dogs / ice cream sales etc. High Density / High Visibility from HWY 3 in Beautiful “ Cayuga, ON.,” Once used as a Seasonal Mini-Putt / Snack Bar / Summer Attraction Location boasts over 1.6 Acres of prime real-estate off a main road with a 2 Storey / Building structure in need of TLC / Renovations / Roof etc.. as it has been awhile since last being updated. Value is in the Land / Location. V.T.B. AVAIL. UP TO 250K. Only $ 588,888.00
DISTINCTIVE LIFESTYLES Selling “Distinctive Lifestyles” A Must See!!! Truly an artist’s tranquil dream location w/ amazing settings in all seasons. They all have amazing nature at its finest. Transform the gorgeous and elegant yoga studio into an art studio and just start painting!! You will love the heated floors and oversized views. MLS# H4048023
$1,588,888 SALVAGE-YARD 1045 & 1049 MCDOWELL RD., E. NORFOLK, ON 2 DEEDS / PROPERTIES & 4 BUILDINGS STAY TUNED FOR AUCTION SALE EQUIPMENT & LAND AND BUILDINGS 2 DEEDS EXCLUSIVE LISTING IN NORFOLK
1917_DJW_4_0001
• Property Taxes: $13,388.00 / 2017 • 2 DEEDS AND 2 ADJOINED PROPERTIES WITH EXCELLENT ZONING: CTN & RES. • PROPERTY AREA SIZE: 2.58 ACRES / 104.21’ Frontage x 825.00’ Depth • 2 Buildings Approx. 4200 + sq. ft. combined and One house 4 bdrm • Fixed Chattels: Hoist, Paint booth / HM, Security Camera System. • Asking $ 1,100,000.00 / Immediate Possession • Location is in Simcoe and Norfolk County with Retail / Wholesale / Salvage / Parts / Repair • Highway Exposure • V.T.B. up to $400k 47
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