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Commercial Investor - 25 May, 2019

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Featuring: Commercial•Industrial•Franchise+Business Opportunities

FREE

May 25–June 22, 2019 Volume 19 | Issue 6

Full Coverage Area Including: London • Kitchener • Niagara Falls • Hamilton • Toronto • Ottawa LARGE AND SMALL APARTMENT BUILDINGS WANTED

Land For SaLe • Industrial – 401 Exposure – serviced – 3 to 16 acres – Woodstock • Industrial – Outside storage – serviced – 7.5 acres – Niagara Region • 120 acre farm with house & buildings – Mount Hope • Townhouse lots – coming soon – Niagara Region

D TE AN W

D E T N WA

W AN TE D

SOLD BY WINCORP REALTY INC. • Large and Small Apartment Buildings anywhere in Ontario • Have many CASH Buyers ready to invest NOW • Specializing in multi-residential sales for over 40 years • References supplied • Confidentiality guaranteed

Call for details or tell me what you are looking for

CONTACT:

John r. Whittaker, Senior Vice President & Broker Tel: Direct (289) 291-5074 | Cell: (905) 867-1033 Email: jwhittaker@cbci.ca

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

$1,588,888 | MLS# H4048023

4 -4 8 7 5 21 6

Members have done thousands of deals. Members have now done deals $50M+ NATIONAL REAL ESTATE INFORMATION LISTING SERVICE

www.nreils.com

Free to Search Everyone can search within 5 seconds

41

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DistrictREIT.ca This advertisement does not constitute an offer of, or solicitation for, the purchase and sale of any securities. Investment in District REIT is open to eligible investors only, under District REIT’s offering memorandum. Any interested investor will be referred to an exempt market dealer. 2


AVAILABLE

INVESTMENT OPPORTUNITIES SOUTHWESTERN ONTARIO INVESTMENT TEAM

RETAIL INVESTMENT Sarnia, Ontario + + + +

Total NRA: 21,802 Sq. Ft. | 2.698 acres 100% occupied | Additional buildable Keys Tenants: Best Buy and A&W Located in core retail node of Sarnia

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

+ + + +

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

+ ±0.88 acres located at the intersection of Columbia St W and Albert St + Excellent proximity to amenities + Approved for 188 beds

RETAIL DEVELOPMENT LAND Simcoe, Ontario

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

14,417 Sq. Ft. on 2 acres Long term stable tenants on short leases Scheduled Net Operating Income of $158,026 Asking: $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

+ ±0.23 acre site in downtown Galt + 1,800 Sq. Ft. commercial unit currently leased + Currently two residential rental houses

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

Chris Kotseff* 519 340 2321 chris.kotseff@cbre.com

MEDIUM & HIGH DENSITY DEVELOPMENT LAND London, Ontario

MIXED-USE DEVELOPMENT SITE Cambridge, Ontario

+ ±10.5 Acres of land located in North Simcoe on Queensway East (Hwy 3) + Zoned Commercial Shopping Centre (CSC) + Surrounded by national name brand retailers

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

+ 28,309 Sq. Ft. fully leased property + Well positioned, with quick highway access in Kitchener + Close proximity to numerous amenities

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

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

Martin Cote* Joe Benninger* CCIM 519 340 2317 519 340 2323 joe.benninger@cbre.com martin.cote@cbre.com

7,684 Sq. Ft. In prominent downtown location National tenant on ground floor Fully leased Asking $2,070,000

Greg Harris* 519 286 2011 greg.harris@cbre.com

159 UNIT MULTI-RES DEVELOPMENT SITE Waterloo, Ontario

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

FULLY LEASED COMMERCIAL ASSET Kitchener, Ontario

INVESTMENT OPPORTUNITY London, 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


4635 Wyandotte St, Windsor, ON

Asking: $525,000.00 Andrew Johnson* 519.438.8639

andrew.johnson@cushwakeswo.com

George Kerhoulas* 519.931.2181

• Excellent Free Standing Commercial Building (former bank branch) • 5,580 Total SF • Zoning CD2.2 • Includes an adjacent parking lot for approx. 20+ vehicles (0.163 acres) which is to be sold in conjuction with the building • Great exposure to Wyandotte St

• 0.905 Acres • Total Building: 4,100 SF • 3,100 SF - showroom/

WAREHOUSE/OFFICE

OFFICE

COMMERCIAL OPPORTUNITIES SOUTHWESTERN ONTARIO

2040 Blue Heron Dr, London, ON

Asking: $975,000.00 David Jongerden* 519.438.9125

700 Cheapside St, London, ON

Asking: $300,000.00 Jameson Lake* 519.438.8548

david.jongerden@cushwakeswo.com

• Renovated Retail Building located on a busy corner in Bellwood Park • Approx. 955 SF • Lot Size: 116'x42' • Zoning: CC & R1 - 5 • 6 Parking Spaces • Taxes: $5,247.52 • Zoning allows for but not limited to: barber, hairdresser, convenience store and

• Total Building Area: Approx. 4,100 SF • Zoning: COMM • 12 foot clear height • Both dock and grade loading • 12-13’ exposed wood ceiling • Good visibility

OFFICE/RETAIL

RETAIL

george.kerhoulas@cushwakeswo.com

705 Lite St, Point Edward, ON Asking: $11.00 PSF Net Kenn Poore** 519.438.384.8528

664 Richmond St, London, ON Asking: $2,400,000.00 Tyler Desjardine* 519.438.5403

tyler.desjardine@cushwakeswo.com

Gary Pollock** 519.438.2174

kenn.poore@cushwakeswo.com

INVESTMENT

OFFICE/RETAIL

jameson.lake@cushwakeswo.com

• Historical Building available in the heart of downton London • Former Keg Restaurant • Zoning: BDC(1), BDC 1, H43 • Total Building Area: approx. 10,423 SF + outdoor patio • Site Area: 0.23 acres • New Roof (2018) • Total Liscenced Capacity: 448

• 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

1375 Huron Church Rd, Windsor, ON

gary.pollock@cushwakeswo.com

Asking: $3,525,000.00 Tyler Desjardine* 519.438.5403

throughout • Fibre optic connection • Plenty of on-site parking • Recently upgraded HVAC

• Prime Commercial Investment Opportunity • Total Building Area: 6,954 SF on approx. 0.88 acres • Two free standing buildings • Net Operating Income: Approx. $198,028/yr • All Long Term Leases • Three Solid National Tenants

tyler.desjardine@cushwakeswo.com

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 Agreement

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 Hospital in Downtown

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

TR E CL AT A EA S R

Hamilton

• Other improvements

34 Suites

S TA EA TR LEAR C

KITCHENER

HAMILTON

T EN LL N CE TIO EX OCA L

• 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)

RE UP NTAL SID E

• 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 Packing, Laundry and Enercare Submetering • Significant Repairs to Underground parking in 2017

• 20 x One Bedrooms 32 x Two Bedrooms • Sellers Office is Located in Building and has Potential to be Converted into Additional Unit • Windows Replaced 6 years ago • Balcony Railings Replaced 4 years ago • Treat Financing as Clear

52 Suites

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

BURLINGTON O ET E OS OR CLKESH LA

VE

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


8 MAIN ST. E. HAMILTON

QEW & CENTENNIAL PARKWAY 45 GODERICH

OFFICE SPACE

OFFICE SPACE

FORMERLY USED FOR DOCTOR’S OFFICES

Close to the Court House, City Hall and McMaster. Available immediately. Downtown office space from 155 - 1285 sq. ft. From $225 monthly

1488 sq. ft. available. Plenty of parking and signage. Easy access to QEW. Rent from $11.50 per sq. ft.

Tony DeSantis

905-777-0252 ext 304 E-mail:

info@desantis.com

www.desantis.com

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

6

“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

COMMERCIAL RETAIL AND OFFICE SPACE

COMMERCIAL RETAIL IN KENSINGTON MARKET

SPACIOUS 2 BEDROOM CONDO

NEW CONDO PROJECT AT YONGE

Commercial Retail /Office Space for Lease at Busy Beaches Plaza. Call Realtor Cindy 647-204-5336

Commercial Store front with apartment for Sale in Busy Downtown Core Kensington market. Call Realtor Cindy 647-204-5336

Beautiful and Very Spacious 2 Bedroom Condo unit for Sale in Scarborough very convenient location. Call Realtor Cindy 647-204-5336

Sheppard Subway Line, Limited time Offer VIP pricing and floor plan. Call Realtor Cindy 647-204-5336


10-14 PRINCESS ST E, WATERLOO

$ 1,590,000

• 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

• 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

• Rare 0.237 acre multi-family residential development land in Preston • Underground parking design fits topography

• 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

• 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

• Potential for 7 to 22 units • Convenient location for transit, shopping, park & hospital • MLS • Call Duncan McLean

255 NORTHFIELD DR, WATERLOO

$25-$40/SF

445 DRUMMERHILL CRES, WATERLOO

• Legal accessory apartment and two Class A rental licenses • MF 3 bed unit is awaiting a new owner or tenants • Basement 1 bed

#20 - 60 BATHURST DR, WATERLOO

519-741-6594

Neil@cmarealty.ca

• 2,622sf retail/office unit for lease • Join tenants the Beer Store, Casey’s Bar & Grill, Subway, Holy Guacamole and many more

CELL:

• 600sf Office on main floor also available, ideal for personal service or medical • MLS • Call Duncan McLean

$5.75/SF WANTED APARTMENT BUILDINGS IN SOUTHWESTERN ONTARIO

519.498.5775

• Qualified Buyers looking for multi-family and residential apartment buildings throughout Waterloo Region and Southwestern Ontario • Experienced and institutional Buyers • Single properties or portfolios considered • Call Neil Koebel

DUNCAN MCLEAN Sales Representative

Sales Representative

Ryan@cmarealty.ca

$15/SF

$27/SF 1120 VICTORIA ST N, KITCHENER

RYAN BRIGGS

Broker of Record CELL:

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

• 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

NEIL KOEBEL

519.578.0337

apartment rented for $860/month • Coin operated laundry • MLS. • Call Christina 519-654-2408

• 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

loading, minimum 18' ceilings, outdoor storage, 3-5% office • Triple A Tenant • Call Duncan McLean

KITCHENER, ONTARIO

$489,000 #3 - 35 CHERRY BLOSSOM RD, CAMBRIDGE $249,900

#106-191 KING ST S, WATERLOO

many uses • Complex will include 250 residential units • Convenient access to expressway, shopping, restaurants & transit • MLS • Call Duncan McLean

WANTED INDUSTRIAL BUILDING IN GTA

• 175,000 – 250,000sf for Lease or Purchase • Q2/3 2019 Occupancy • Require: High hydro, drive-in & dock level

$1,095,000

193 WATER ST S, CAMBRIDGE

$599,900

1257 KING ST E, CAMBRIDGE

$1,250,000

466 FINKLE ST, WOODSTOCK

CELL:

519.590.7997

Duncan@cmarealty.ca

AHREN SPYLO

Sales Representative CELL:

519-577-1363

Ahren@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 20

BUSINESS SAVVY

Toronto’s tech sector spans the 416 and 905 regions: Avison Young report

BUSINESS NEWS

Welland is becoming a growing destination for development

NEXT ISSUE:

30

LEGALLY SPEAKING

34

BUSINESS SAVVY

IN THE NEWS

Cannabis and your condo. What are the rules?

June 22, 2019 ADVERTISING DEADLINE:

Wed. June 12, 2019

Business scams: Stay up-todate on the schemes targeting businesses

Sugar Wharf gets a new tenant at 100 Queens Quay East

REGIONS Kitchener, Waterloo & Guelph ......... 10 Southwestern Ontario ........................18 Hamilton ............................................19 Greater Toronto Area .........................24 Eastern Ontario ................................. 34 Central Ontario ...................................35 Niagara...............................................36 Business Investors ............................39

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 Miguel Cea, 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

SALE

1193 QueenS BuSh road, WelleSley

529-533 exmouth Street, Sarnia

SALE

eR D n U ct A R nt o c • 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

• Business with Property, Investment Opportunity • Main floor commercial fully operational as Nith River Chop House • Potential income from 2nd & 3rd floor residential • 10,000 sq ft on 0.202 acres • $995,000 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

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 MLS

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

eR D n t U c A ntR o c • 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

May 25–June 22, 2019


Kitchener/Waterloo Guelph & Cambridge

519.742.7000 www.coupalmarkou.com

49 QUeen street east, camBriDge

LEASE

25 inDUstrial Drive, elmira

LEASE

• Brand new corner retail unit located in high end apartment tower • Opportunity for a large outdoor patio • 1,601 sq ft • $15.00 / sq ft Net

R e D Un ct A R nt co

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

mls

LEASE

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

street soUth, LEASE #8a – 250 DUnDas camBriDge

• 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. • $22.00 / sq. ft. Net

mls

• 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

DaviD BaUer Drive, LEASE 7 Father waterloo

King street west, Kitchener

LEASE

231 shearson crescent, camBriDge

LEASE

• 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

• A Class Retail/Office with ample on-site parking included. • Elevator building on the historic Seagrams site. • 3,328 – 7,754 sq. ft. • $20.00 – 25.00 / sq. ft. Net

LEASE

LEASE

manitoU / Fairway Plaza

• Office and Retail opportunities on main floor or second floor. • Available Now! • Units from 1,000 sq. ft. – 9,000 sq. ft. • $12.50 - $25.00 / sq. ft. Net

mls

mls

L

3-347 erB street west, waterloo

D e S eA

• Retail space in high profile plaza • Ample on-site parking • 600 sq. ft. • $28.00 / sq. ft. Net

mls

Christopher Coupal

John Markou

Theo Papadopoulos

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

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

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

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

May 25–June 22, 2019

Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR

11


businesssavvy

Toronto’s technology sector spans 416 and 905 regions A report released May 15 by Avison Young, called “The Technology Sector in the Greater Toronto Area: A Multi-Market Success Story”, revealed Toronto – and the GTA – are where international firms look to establish operations in Canada, especially in the high-tech sector and related industries. According to the report, the GTA is not a single option but, rather, offers a wide variety of submarkets, giving information 12

and communications technology (ICT) firms the range of real estate options and concentrations of skilled workers

COMMERCIAL INVESTOR  |  Commercial Real Estate & Business Opportunities

they firms require to facilitate their future growth and success. ICT firms are distributed across the entire GTA, both the 416 (Toronto) and 905 (suburban) regions. In fact, 62 per cent of ICT businesses in the GTA are located in those suburban 905 regions, according to Statistics Canada. “For some companies and their employees, access to the downtown core and proximity to academic institutions and other amenities are extremely important,” comments Bill May 25–June 22, 2019


Argeropoulos, principal and practice leader, Research (Canada) for Avison Young. “For others, a campus-style environment or an urban growth centre in a suburban setting can become a hotbed for talent and stimulate innovation. The GTA offers opportunities for both types of firms. In fact, it is worth noting that the proposal submitted to Amazon for its HQ2 was a regional collaboration – and nine of the 10 site options put forward were outside downtown Toronto, in the suburban May 25–June 22, 2019

905 regions of Halton, Peel, York and Durham.” The report goes on to say that, after the City of Toronto, York Region ranks as the Toronto area’s – and Canada’s – second-largest tech hub, as it is home to more than 4,300 ICT companies. These include global and Canadian tech industry leaders, scaleups and smaller technology companies across a range of subsectors, mainly enterprise software, IT vendors/services, cloud computing, networking and microelectronics.

“York Region’s office markets contain a mix of urban- and suburban-style product, as well as a considerable amount of flex space – a wide range of assets that can accommodate companies at all stages of growth,” says Argeropoulos. “In addition, while Markham and Vaughan offer better-thanaverage transit connections for suburban markets, both still have vacant land available for future office development, giving larger tenants the opportunity to customize their office solutions.” The report also identifies some of the different types of ICT firms operating in the GTA and the factors that influence these companies’ choices of where to locate among the various office submarkets that make up the region. These factors may include what stage of growth a company has reached and the availability of suitably skilled employees to meet the company’s needs. In addition, the report provides insights into current office market conditions across the GTA and, particularly, in York Region – along with future development plans for two of its important urban growth centres: Vaughan Metropolitan Centre and Markham Centre. Argeropoulos concludes: “The GTA’s ICT sector is often considered with a narrow focus on start-up activity. Currently, there is a tendency to view the GTA’s downtown and suburban regions as being in competition with each other. There is also a tendency to regard certain firms as being on the periphery of the GTA. However, the GTA and its ICT sector should be considered more holistically if the region’s tech sector is to retain its talent, support its enterprises and serve the public good.” For the full report: avisonyoung. uberflip.com/i/1114765-aytopicalrep ortgreatertorontoareaictsectormay1519final/0? CI

Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR

13


Kitchener/Waterloo Guelph & Cambridge

52 KAINS ST IN DOWNTOWN ST THOMAS

FOR SALE 5.2 Acres approved commercial land development Ready for Construction

58,000 sq. ft. retail store plaza Gas station complex

Cedar Park Plaza / Gas Station Complex

Location Queensway Street West, Simcoe, Ontario

*58,000 sq. ft. Plaza ready for construction NOW *Optional with new gas complex *Prime location 250+ customer parking spaces Cedar Park Plaza / Simcoe Ontario

Priced at only $199,900 & within walking distance of many amenities. Zoned R4, Add this to your investment porfolio

NelsonConroy #103-240 Waterloo St. London, ON N6B 2N4 DIRECT 519-630-7470

Dalibor Radulovic Sales Representative dalibor1@rogers.com

LONDON / ST THOMAS AREAS

Commercial Investment opportunity for Investors / Builders

Sale Price $1,990,000 (Financing available)

Call Ed Bain

416-836-7686 (email) slandcorporation@yahoo.ca

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

*Independently Owned and Operated

HAVE BUYERS FOR ALL TYPES OF MULTI-FAMILY BUILDINGS PLEASE CALL IF YOU ARE INTERESTED IN SELLING 0

50 99,

$6

Exclusive Listing 761 Frederick St. 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

00

,9 499

$1,

D L O S

410 Hazel Street, Waterloo ON Great Investment Opportunity in Waterloo with Potential for future redevelopment with newly approved RMU-20 Zoning. Easy access to both University of Waterloo and University of Laurier! Currently Rented to Residential Tenants. Controlled entry. Turnkey investment with Onsite Super who manages and maintains the property for you. Currently, 100% rented. Could be purchased in conjunction with 413 Hazel Street.

COMMERCIAL INVESTOR  |  Commercial Real Estate & Business Opportunities

NEW

CE

PRI

0

IT D N

CO

L

A ION

,99

299

$1,

Development Opportunity 575 Glen Forrest Blvd, Waterloo ON Rare 0.73 Acre Development Land Opportunity with C3-10 Zoning allowing for a combined Commercial & Residential 3- Floor Development in Waterloo West. C310 Zoning also allows for many commercial and retail uses. Phase 2 Environmental Completed showing it as a clean site. Adjacent to Park, Residential, and Retail. Easy Access to the LRT, Parks, Schools, Services, and Shopping. Walking distance to David Johnson Research + Technology Park (University of Waterloo) May 25–June 22, 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

Sales Representative jenn@teammilovick.com

www.TeamMilovick.com

Invest in Ontario’s Number 1 Town Today! Subscribe: Latest KWC Real Estate News: www.FaceBook.com/TeamMilovick 28 ELMSDALE DRIVE, KITCHENER

2,999,000

LY

AL N O I

D L O S IT

D CON $

43 EUCLID AVENUE, WATERLOO

$

• $219,000+ Gross Annual Income • Suite includes: 4 appliances, laundry, colonial series door/trim, Available Here! laminate flooring • Newer Stacked Townhouse • Close to all amenities Development • MLS® • Beautifully landscaped • No deferred maintenance

109 BRUCE STREET, KITCHENER

$

739,900

649,900

• $42,000+ Potential Gross! • Rental Licensed, Legal Triplex • Three Class A3 Rental Licences • Unbeatable Uptown Waterloo/ Old Westmount Waterloo location!

45 HIGH STREET, WATERLOO

$

599,900

• Ideal location for AirBNB • Easy walk to two LRT Stations • Oversized detached double garage with Loft! • MLS®

23 MARSHALL STREET, WATERLOO

$

419,900

• $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®

• $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®

• $28,800 Gross Annual Income Available Here! • Hard working student money maker located steps to WLU • Freehold opportunity (no condo fees) • Class D2 rental license in place for five bdrms. • Leases in place to end of August, 2019. • RMU-30 zoning may allow for future land assembly. • Seller will consider holding first mortgage, on approved credit • MLS®

304-8 HICKORY STREET WEST, WATERLOO

1-455 ALBERT STREET, WATERLOO

WE HAVE BUYERS FOR Apartment Buildings – 6 plex to 100 units

$

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®

May 25–June 22, 2019

$

239,900

Ontario Institution Grade Student Housing $20 MM to $50 MM

• Turn key, rental licensed 4 bdrm condo opp. • Landlord friendly development with all units geared towards rental. • Well managed, stable complex. • End unit - larger than interior units in the dev. • All bdrms are above grade - no bsmnt bdrms. • Reasonable condo fees of just $370 a month. • Opportunity to bring rents immediately to market. • Easy walk to both universities • MLS®

Industrial Multis – up to 250,000 Square Feet Development Land – 12 unit potential + KWC Guelph – Handyman Specials

Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR

15


Kitchener/Waterloo Guelph & Cambridge

COLDWELL COLDWELLBANKER BANKERCOMMERCIAL COMMERCIAL PETER PETERBENNINGER BENNINGERREALTY, REALTY, BROKERAGE BROKERAGE 508 508RIVERBEND RIVERBENDDRIVE, DRIVE,KITCHENER, KITCHENER, ON. ON. PHONE:519-743-5211 519-743-5211 PHONE: COLDWELL BANKER COMMERCIAL SF · $16.95/SF · MLS: 30689959 · PETER BROKERAGE R E TA I L /BENNINGER O F F I C E REALTY,32,000 WATERLOO 508 RIVERBEND DRIVE, KITCHENER, ON. · Well located AAA Office Space. Divisible to approx. 8,000 SF. F O RPHONE: S A L519-743-5211 E/LEASE James Boudreau**/Gary Boudreau*

1,162 SF - 1,779 SF · From $22.00/SF · MLS: 30717001· BRESLAU · New Retail Development in a growing, under-serviced

Pad site w/drive-thru available. 512-2,211SF · $22.00/SF· MLS:30720593 3,000 SF · $28.00/SF · MLS: 30637864 James Boudreau**/Gary Boudreau* 599/604/619/621/629/634/637/641 KITCHENER · Freestanding pad site with WATERLOO · Welcome to “The Hub” an drive-thru. Ample on-site drive up parking. 872 SF · $12.00/SF · MLS: 30698823 · -tower commercial/ Lester Tobin* CAMBRIDGE · High traffic location, high exposure. Ample on-site drive-up parking. Lester Tobin* 2,006 SF · $30.00/SF · MLS: 30712431 Zoning allows many uses. Lester Tobin* WATERLOO · Turn-Key spa with liquor 4,500 SF · $9.00/SF · MLS: 30719754 · license. Located in the heart of the 63,027 SF · $16.95/SF · MLS: 30719228 · WATERLOO · Updated office space University District. Main floor of WATERLOO · AAA Office Space. Immediately available for lease w/ furni- “The Hub” Lester Tobin* James Boudreau**/Gary Boudreau* ture if required. Long term or short term 5,800 SF · $685,000 · MLS: 30599428 · available with storage space. Call today for AYR · Located at the gateway to Urban 2,500 SF · $14.00/SF · MLS: 30718982 · more info! Chris Kolednik** Ayr. Ideal for office, vet., or place of CAMBRIDGE ·Space offers a perfect spot worship. Colin Vogel* for any business that needs Office and Warehouse space. Ideal for HVAC, Water 1,462 SF · $12.00/SF · MLS:30716173 KITCHENER · Retail/Medical/Office End 523 SF · $39.00/SF · MLS: 30662378 · Softener and Cellphone Shop Uses. Chris Kolednik** Unit with High Exposure. Build to suit. WATERLOO New retail unit with patio. Ample on-site drive-up parking. Space can Located in the heart of the University 982 SF · $16.50/SF · MLS: 30734996 · be divided. Lester Tobin* District. Lester Tobin* KITCHENER · Main Floor Store Front Office Space near St. Mary’s Hospital. 2,000 SF · $18.00/SF · MLS: 30711454 3,165 SF · $11.00/SF · MLS: 30653390 Space is suitable for a variety of WATERLOO · Office/Retail Space, High WATERLOO· Bright second floor space. medical/office/commercial uses. Visibility, Steps from WLU, Starbucks, Abundant on site parking High traffic @ Gary Boudreau*/James Boudreau** Mortys, BMO, On-Site Parking. Zoning King + Columbia. John Hoffman* Allows for Many Uses. Chris Kolednik** 800 SF · $16.50/SF · MLS: 30730592 · 3,961 SF · $28.00/SF · MLS: 30637876 · KITCHENER · Nicely finished retail unit in 2,786 SF · $25.00/SF · MLS:30709704 KITCHENER · Freestanding building w/ busy Rosemount Plaza. Low common fees. WATERLOO · Retail unit in the heart of high exposure & high traffic. Ample on-site Ideal for Service and Retail. Ample On-site Waterloo’s University District on drive up parking. Lester Tobin* Free Parking. Gary Boudreau*/ University Ave. Ample on-site parking, James Boudreau** high-exposure-high traffic. Lester Tobin* 532 SF · $1,199/Month · MLS: 30664627 · WATERLOO · Finished 2nd floor office. 3 INDUSTRIAL/ 2,792 SF · $21.00/SF ·MLS:30703174 large windows. High traffic intersecKITCHENER · Newly constructed retail tion. 24/7 electronic reader board. WA R E H O U S E plaza with high exposure and traffic. Colin Vogel* FOR LEASE/SALE Centrally located near highschool, sports3,144 SF · $12.00/SF · MLS: 30696919 · KITCHENER · Affordable office space www.coldwellbankercommercial.cajust off LRT route. High visibility 1,143 · $10.00/SF · MLS: 30709843 · Email : Commercial@coldwellbankerpbr.com **SF Broker WATERLOO · Bright, well located office Ample parking available. space.James Boudreau**/Gary Boudreau* James Boudreau**/Gary Boudreau* LRT stop.

Lester Tobin*

www.coldwellbankercommercial.ca www.coldwellbankercommercial.ca Email : Broker ****Broker Email :Commercial@coldwellbankerpbr.com Commercial@coldwellbankerpbr.com 16

COMMERCIAL INVESTOR  |  Commercial Real Estate & Business Opportunities

INDUSTRIAL/OFFICE FOR LEASE · BRIGHT, ON. MLS:30707996 5,250 SF · $5.25/SF * Sales· Representative Located minutes from Hwy**#401. 400 Broker amp, 16’ ceilings. One 18’ x 14’ drive door. Outdoor storage. Lester Tobin*

* Sales Representative

* Sales Representative Broker ****Broker

May 25–June 22, 2019


Kitchener/Waterloo Guelph & Cambridge

COLDWELL COLDWELLBANKER BANKERCOMMERCIAL COMMERCIAL PETER PETERBENNINGER BENNINGERREALTY, REALTY, BROKERAGE BROKERAGE 508RIVERBEND RIVERBENDDRIVE, DRIVE,KITCHENER, KITCHENER, ON. ON. 508 PHONE: 519-743-5211 PHONE: 519-743-5211 COLDWELL BANKER COMMERCIAL

PETER BENNINGER REALTY,RETAIL/REDEVELOPMENT BROKERAGE INDUSTRIAL/OFFICE FOR LEASE · BRIGHT, SITE FOR SALE ON. MLS:30708000 · 6,612 SF · $5.25/SF KITCHENER 508 RIVERBEND DRIVE, KITCHENER, ON. · 1,586 SF/0.12 Acres · Located minutes from Hwy #401. 600 $899,000 MLS: 30616343 Unique High PHONE: 519-743-5211 amp, 17’ ceilings, 3 cranes, 1—dock, 2 Profile Location. Corner Lot beside farmers drive-in doors. Outdoor storage. market. Great redevelopment site, parking Lester Tobin* lot, etc. Lester Tobin* 11,000 SF on +1,859 SF Bungalow House · LAND FOR SALE $850,000 MLS: 30701902 · 117 East Road · Lions Head, ON. Many uses permitted. Possible medical marijuana grow op. 1.44 Ac · MLS:30698798 · $680,000 · Youtube: Property Address for Marketing PUSLINCH TWP. One of the last lots availVideo. Eric Frey* able on Maltby Rd. 250’ x 250’ flat. Nice setting. John Hoffman* 38,000 SF · 6.82 Acres · $1,299,000 · STORAGE/LAND FOR 2,000 SF Office | 36,000 SF Industrial OUTDOOR EXCLUSIVE · 607 Little Pike Bay Rd. Lions LEASE · BRIGHT, ON. MLS:30708007 · Head, ON. Previous use was manufactur- 1/2 Acre · $2,000/ Month · Located ing. High Power Available. High Ceilings. minutes from Hwy #401. 600 amp, 17’ Google Address for Marketing Video. Eric Frey* ceilings, 3 cranes, 1—dock, 2 drive-in doors. Outdoor storage. Lester Tobin*

INVESTMENT FOR SALE INVESTMENT PROPERTY | BROCKVILLE, ON.140,000 SF on 27.4 Ac.·$13,900,000 · MLS: 30707132 Fantastic Investment Opportunity with existing income. Was built for Private School. Event center with accommodations for events/ weddings /retreats/conferences/medical/rehab etc. Onsite church, full gym, soccer field. John Hoffman* RETAIL INVESTMENT PLAZA · WATERLOO 7,271 SF|0.66 Ac.· $3,950,000 · MLS: 30712328 · Fully leased investment plaza. Located in busy traffic node. Ample on-site drive-up parking. Lester Tobin*

1 Ac. · MLS: 30697875 · $1,050,000 · KITCHENER · Available for commercial redevelopment in expanding area of Kitchener-Waterloo boundary. Many uses permitted. Chris Kolednik** 0.80 Ac. · MLS: 30686210 · $990,000 · CLARINGTON · Corner lot located on HWY #2 between Courtice & Bowmanville. Zone change required (C4) Call for list of potential uses. Lester Tobin* HIGH DENSITY MIXED USE DEVELOPMENT KITCHENER · 3.25 Ac · $4,250,000 · EXCLUSIVE ·Frontage on 2 major Streets at the gateway to downtown KITCHENER Excellent access to Hwy 401 via Hwy 8 Directly on proposed light rail transit route. Peter Benninger**/Colin Vogel*

BUSINESS FOR SALE

INVESTMENT PLAZA · KITCHENER 10,656 SF & 10,624 SF · $6,900,000 · www.coldwellbankercommercial.ca EXCLUSIVE · New retail plaza 2016. Long 2,456 SF · $269,000 · MLS: 30665548 Email : Commercial@coldwellbankerpbr.com ** Broker term leases. New residential developing KITCHENER Successful business. Great area. Lester Tobin* Franchise. Business Only. Gary Boudreau*

www.coldwellbankercommercial.ca www.coldwellbankercommercial.ca Email : Broker ****Broker Email :Commercial@coldwellbankerpbr.com Commercial@coldwellbankerpbr.com May 25–June 22, 2019

GUELPH CAR WASH, GAS STATION & LUBE SHOP WITH PROPERTY 5,873 SF · $2,700,000 · MLS: 30644230 · Gas station with propane, automated carwash and lubeshop business with property on 1.05 acres. Environmental reports completed. Call for more details! Lester Tobin* ST JACOBS BANQUET HALL/RESTAURANT 8,000 SF,4.3 Ac · $2,100,000 · MLS: 30704935·Extensive renovations to building and grounds. Includes furniture/ cooking equipment. Site includes a freestanding home. Steve Gerakopulos* 1,280 SF · $89,000 · EXCLUSIVE · KITCHENER · Well established business since the 1970’s. High income-high sales. No franchise. Owner will train. Lester Tobin*

For Commercial Real Estate Solutions in Canada's Technology Triangle, contact any one of our sales representatives, or call 519-743-5211 Peter Benninger**

Ext. 3000

Gary Boudreau *

Ext. 3029

James Boudreau **

Ext. 3020

Eric Frey*

Ext. 3118

Steve Gerakopulos*

Ext. 3033

Bill Halpenny*

Ext. 3120

John Hoffman*

Ext. 3040

Chris Kolednik**

Ext. 3106

Eric Reiner*

Ext. 2099

Lester Tobin*

Ext. 3023

Colin Vogel* Ext. 3110 * Sales Representative Harmony Voisin* Ext. 3117 ** Broker

SalesRepresentative Representative ** Sales Broker ****Broker Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR

17


Southwest Ontario

businessnews

Welland a growing destination for development The City of Welland, located in Niagara, has been attracting a growing number of large-scale companies due to the city’s abundance of shovelready industrial properties, low land costs and its proximity to major transportation corridors and the U.S. border. Industrial land in Welland is at a fraction of the cost of the GTA where the same type of lot may cost up to $2 million per acre. Welland also fast-tracks the approvals process. Construction often begins within eight weeks and production between 12 and 18 months. A major factor behind the fastpaced development in Welland is

Sutton - Huron Shores Realty Inc. Brokerage

Independently Owned and Operated

Brian Shular

Doug Freiburger

Kaitlyn Shular

attributed to its development team approach. Rather than executing the land development process in stages, experts in economic development, engineering, planning, fire and building consecutively align for an expedited process. This allows development to get started quickly. Welland also offers incentives through the Welland Niagara Gateway Economic Zone and Centre Community

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

Improvement Plan and quick and convenient access to international transportation routes, including the Welland Canal, major highways and several U.S border crossings. A few examples of recent commercial and industrial projects developed in Welland include: · British Columbia-based Northern Gold Foods secured a location in Welland with production of a 100,000-sq.-ft. plant starting in 2016, followed by a second expansion, completed in 2018. · Niagara Holdings is in the process of developing a 20,000-sq.-ft. food production facility, the first of its kind to ever be developed. · GE completed a 500,000-sq.-ft. facility in 2018. CI

View Our Magazines On any

DigiTaL DeViCe anytime, anywhere! Published by:

• 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 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

Now you can view all Commercial Investor magazines online using any smartphone, tablet or desktop device.

TheCOMMerCiaLinVesTOr.Ca May 25–June 22, 2019


Hamilton

$1,150,000

$2,750,000

7325 #20 HIGHWAY, SMITHVILLE 1.8 ac property. incs 6000 sf building ftrs 14’ ceilings, mult n/g tube heaters, 2-15’x13’ overhead powered doors, 5-11.2’x11.6’ overhead manual drs, dry storage rms,1 ton stationary crane, heavy-duty conc flring, frame straightening anchors, multi exhaust fans, fenced compound w/heavy rock base+2018 survey.

$1,500/MONTH

7104 CANBOROUGH RD, CANBOROUGH

Turn-key commercial kitchen. Asking $1500 p/ month plus apportioned share of utilities. Offers func. kitchen, lrg sit-down bar, 5 booths, extra table for 6 plus private outdoor patio. Incs.exclusive use of all kitchen equipment,cutlery,equipment etc. Tenant responsible for all liquor licence applications.

$950,000

1812 THOMPSON RD EAST, WATERFORD

20.65ac Comm/Agricultural inc clean 5402sf “A” compliant Provincially Inspected(OMFRA) abattoir/ meat processing plant. Incs updated 5 bedrm/2 bath, att. garage, det.wrkshp+2 new Coverall bldngs-1 w/ enc.ends/hydro/water. Large paved drive/parking lot. Aprx. 20ac of loamy workable land systemically tiled’15 provides ex.agri component.

May 25–June 22, 2019

$1,500,000

15 JAYLIN CRESCENT PORT DOVER

7 JAYLIN CRESCENT PORT DOVER

Prime 4.22 ac (total of both properties) boasts est. turnkey Marina in heart of P. Dover-over 1000ft of frontage on Black Crk w/L.Erie access. Ftrs 70 slips w/on-shore decks/water, 300 boat storage, retail store, htd shop, 1872sf”Club House, all equipment..solid income. RARE!

$479,000

35 MAIN ST NORTH, HAGERSVILLE

$299,900

33 MAIN ST N, WATERFORD

Reno’d 2 stry COMM/Retail building. Stylish stucco exterior w/modern stone skirt accents plus quality display windows. Offers excellent visual exposure incs. hi-daily volume of traffic boding well for retail store front. Serviced lot fts. 2 fully rented RES, rear prkng + sep. hydro & n/gas meters.

Incredible Commercial Opportunity! Currently operating as “Gram’s Cafe” w/tremendous reputation of incredible homemade meals & service. Includes majority of equipment & chattels. Ample parking & seating for 80(apprx.). Updts inc. H/VAC, electrical, roof, recent addit., kitch, flrng,baths,office&more.

$1,100,000

$599,000

1854 TRINITY ROAD S, ANCASTER

Profitable boarding/grooming kennel business! 2.3ac lot w/ bungalow-kitch, fam rm w/FP+ WO, liv rm w/FP, 3 bedrms+5pc bath. LL-rec rm, 3pc bath+4th bedrm. Fully equipped 2533sf kennel incs 3 sections, 69 inside/44 outdoor kennels & washing/grooming station. 3384sf 4 stall B&B livestock barn + paddocks.

18-20 ARGYLE STREET N, CALEDONIA

Profitable 6 unit comm/res property in Caledonia’s vibrant, revitalized downtown business dist-15 min/ Hamilton, 403. Lrg vol of vehicular/pedestrian traffic, superb visual exposure w/eclectic boutiques+trendy bistros nearby. Ftrs 2 store fronts+htd/drywalled rear warehse. MF ftrs 9-12’ceilings, orig. hardwd flrs+ oversized display windows. 4 residential units.

Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR

19


Hamilton

in the news

Sugar Wharf gets new tenant

The Toronto Region Board of Trade, in partnership with Menkes Developments Ltd., TD Greystone Asset Management and CBRE announced in April that 100 Queens Quay East will be the new home of the Toronto Region Board of Trade and its trade services arm, the World Trade Centre Toronto (WTC-T). After 45 years in the financial district, moving to a large space supports the Board of Trade and WTC-T’s mission to be a catalyst for a vibrant, globally-competitive business community. The World Trade Centre Toronto will have local, regional and international organizations under one roof – including the Board – who will work together to help members compete and scale, and support

inbound and outbound trade missions. The landmark 25-storey office building, with approximately 690,000 sq. ft. of Class AAA space, is the first phase of Menkes’ 4.6-million-sq.ft., mixed-use waterfront community called Sugar Wharf. The Board will have approximately 90,000 sq. ft. will feature an enlarged, corporate event space with an outdoor terrace

The IDeAL OppOrTunITy TO Be yOur Own BOss!

overlooking the city, and an enhanced workspace for board members. CBRE Ltd. acted as the sole brokerage advisor on the transaction. This news follows an announcement made by the Board in 2017 that it would be relocating its offices from First Canadian Place and looking to secure space in a unique Toronto building. The move is scheduled to take place in 2022. Designed by B+H Architects, 100 Queens Quay East will strive for Leadership in Energy and Environmental Design (LEED) Platinum certification. Organizations interested in joining the Board or World Trade Centre Toronto ecosystem can contact Brenda Gardiner at bgardiner@bot. com for more information. CI

COSMO COSTA Sales Representative

State Realty Brokerage INDEPENDENTLY OWNED AND OPERATED

Hamilton Apartment Buildings

esTABLIsheD VApe shOp FOr sALe In hAMILTOn. InCLuDes InVenTOry, DIspLAy CAses, weBsITe, BrAnDIng, AnD MOre!

$50,000 neIL DrIng, Sales Representative C 905-730-8159 O 905-389-3737 Email: neildring@realtynetwork.biz

resIDenTIAL COMMerCIAL InVesTMenT 20

COMMERCIAL INVESTOR  |  Commercial Real Estate & Business Opportunities

• 60 units, 7 years new • 150 plus units under underground parking plus surface parking • 6 condo rentals all 3-bedroom units, principals only Hamilton Plaza Approximately 7,500 sq. ft. trip net income principal only Centrally Located A solid 6 unit building consisting of 4-2 bedroom units with separate furnaces and hydro meters and 2 commercial units. All tenants pay all utilities, ample parking, triple net income of $78,000.00 Townhouse Sites Land and strategic locations for Land Townhouses Site Developments, High Rise, Mid to Low rise, Single Family sites Lakeview Lots Stony Creek Location. 3 lots in need to be severed 46 feet wide lots

May 25–June 22, 2019


Hamilton

242

Main St. E. Hamilton

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

5097 & 5099 KING STREET BEAMSVILLE

1057 MAIN STREET WEST

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 $655,000. Call for more details. Call Roman Spytkowsky Broker - 905 528-8956 ext 4190

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

PROPERTY MANAGEMENT AVAILABLE

617 PARKDALE

Residential, commercial and industrial Call Roman to discuss 420 PARKDALE UNIT 6

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

859 WOODWARD, HAMILTON

770 MOHAWK ROAD

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

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.

D E S

A

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 May 25–June 22, 2019

Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR

21


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 PLAZA FOR SALE OFFICE & RETAIL FOR LEASE EAST HAMILTON 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 A busy retail plaza with excellent exposure to high traffic along this major located in the spectacular historic Right A medical use building located across from a Hospital. Includes a well east-west arterial throughway abutting low & high density residential House building with close proximity to established Pharmacy and Orthopedic businesses with related services and areas. A solid 7,341 sf plaza with a 4,614 sf fully finished lower level and all downtown services and amenities. buildings. Loads of potential to add additional medical uses and rental units. good condition. Plaza fully leased with many good long term Tenants, an The building is located in close proximity Ideal for a medical group investment. Seller prefers a share sale, qualified ideal carefree investment generating approx. $147,608 net rent /yr., price to the future LRT stop. Space divisible. buyers only. New price $4,499,0000, possible VTB, call for details. reduced to $2,674,900 to sell. Call for details. Call for details. RETAIL FOR LEASE PRIME QEW EXPOSURE, STONEY CREEK

RETAIL & OFFICE FOR LEASE GOVERNOR’S RD, DUNDAS

RETAIL FOR LEASE 1400 UPPER JAMES ST., HAMILTON

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.

Prime Upper James Street location with excellent exposure on this power retail corridor. High traffic location with easy access to major arterial roads and highways. Busy retail plaza with large retail and service anchors. Available units: 14-2,339 sf, 9-10,800 sf w large store front (divisible) & 23-22,796 sf w huge storefront & exposure, ideal for most retail uses. Landlord may divide. Abundant parking. Net rents from $11.95 - $16.95/ sf. Call for details.

H A M I L T O N

Mazhar Roshan Sales Representative

905.929.9800 647.609.9463 905.574.6400

HomeLife Professionals Realty Inc.

Direct GTA Direct Office

mazharroshan@sympatico.ca

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

BURLINGTON FOR LEASE

RE DU CE D

PIZZA STORE

Well established high volume Canada post Franchise business available for sale For more inquiries please call Mazhar Roshan at

905 929 9800

UPPER WENTWORTH - HAMILTON

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

HAMILTON

2000 Sq. Ft. on lower level for storage.

125 TOLTON AVENUE 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” 22

COMMERCIAL INVESTOR  |  Commercial Real Estate & Business Opportunities

May 25–June 22, 2019


Hamilton

Shawn Doiron SaleS RepReSentative

Mobile: office: e-Mail: web:

905-515-5501 905-529-5900 Ext. 262 doirons@bbsrealty.com www.bbsrealty.com

COMMERCIAL REAL ESTATE SALES AND LEASING SERVICES fOR LEASE pRIME qEw ExpOSURE, STONEY CREEK

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.

fOR SALE

fOR SALE

hAMILTON EAST

hAMILTON EAST

Attractive 2 story freestanding building with multi-tenant potential located on a major arterial street in large residential neighborhood with easy access to major highways. Newly renovated front stucco façade complete with new windows and doors. Gross building size approx. 11,870 sf (1st floor 6,320 sf, 2nd floor 5,550 sf) with approx. 6,320 sf basement. Fully finished basement occupied by long term tenant for additional income. Includes parking on-site for 29 vehicles. Building interior gutted ready for build-out. C5 zoning permits a variety of uses. Excellent opportunity for owner/user/investor. Proforma available. Contact Listing Agent for more details. Asking $1,399,000.00.

Attractive 2 story multi-tenant building located on a major arterial street in large residential neighborhood with easy access to major highways. Newly renovated front stucco façade complete with new windows, door, and signage with excellent street front exposure. Potentially on new LRT route. Gross building size approx. 8,528 sf (1st floor 4,264 sf, 2nd floor 4,264 sf) with approx. 4,264 sf usable high and dry basement partially finished. Includes parking on-site for approximately 19 vehicles. TOC1 zoning permits a variety of uses. Excellent opportunity for owner/user/investor. Contact Listing Agent for current income details. Asking $1,199,000.00.

fOR LEASE

fOR LEASE

663 1/2 fENNEL AVE. E., EAST MOUNTAIN

Attractive retail/office building located just west of Upper Sherman and Fennell Avenue East intersection. Newly constructed shell measuring 1,398 sf gross rentable area ready for tenant build-out offers excellent street front exposure to vehicle and foot traffic. Sign box above store front and portion of large blade sign for tenant use. Parking located at rear of building. Many uses permitted. Asking $11.95/sf net, $5.00/sf TMI. Possession 30 days. Call Listing Agent for more details.

May 25–June 22, 2019

4155 fAIRVIEw ST., BURLINGTON

Busy neighborhood retail plaza on high traffic street with ample onsite parking. Perfect for restaurant, martial arts, fitness club, medical and professional office use with a variety of other uses permitted. Gross rentable area measures 5,500 sf. Landlord will consider assisting with leasehold improvement. Asking $11.95/sf net and $9.33/sf TMI. Available immediately. Call Listing Agent for details.

Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR

23


Greater Toronto Area

24

COMMERCIAL INVESTOR  |  Commercial Real Estate & Business Opportunities

May 25–June 22, 2019


Greater Toronto Area

May 25–June 22, 2019

Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR

25


Greater Toronto Area

INVESTMENT OPPORTUNITY

MEDICAL OFFICE FOR LEASE

2000 Credit Valley Road, Suite 206, Mississauga www.2000creditvalleyroad-206.com

4000*

$

KEARNEY, ON

$4000* / month /month *Includes • TMI *INCLUDES • TMI • Utilities • Utilities • Parking • Parking

Prestigious Medical Arts building. Approximately 1300 sq.ft office. Large waiting room and reception (secretarial area). 4 examining rooms and 2 offices. Large nursing station, storage and washroom for staff. Perfect for health/medical professional or related business. Steps to Credit Valley Hospital.

• 9 Unit Cottage Complex on 2.86 acres • Situated on a peninsula at the entrance to Algonquin Park • Surrounded by water with breathtaking views • Potential to condo the units

Office #1

Exam RM #3

Exam RM #3

Office #2

For further information, please contact:

Rick Spencer**

rick.spencer@cbre.com 519 286 2005 CBRE Limited, Brokerage

Christina Shore*

Exam RM #3

Wash RM

Closet

Exam RM #4 Nursing Station

christina.shore@cbre.com 519 286 2021

Waiting Area

Reception

*Sales Representative ** Broker

For Viewing Contact - Anton anton.philip@icloud.com / (416) 988-6066

www.cbre.ca

160 in St w Bald

VE. INA A SPAD VE. INA A SPAD

au St Nass

in St Baldw St drew St An

COLLEGE & SPADINA A TRULY BRILLIANT designer loft, with spiral staircase, two entrances, hardwood, 1.5 baths, 20 foot high floor to ceiling windows, 1600 sq. ft. of gracious light-filled space, and room for a grand piano! In the happening heart of Kensington Market, with easy access to transit, shops, tech hubs, hospitals, buzz, university/colleges and more! At $1,169,000. For this and more choice properties, CALL LINDA.

Linda Rodegard SALES REPRESENTATIVE

For more details about downtown/uptown or west town properties, whether buying or selling, call Linda Rodegard at Royal LePage… Because helping you is what we do. Helping you comes naturally!

26

COMMERCIAL INVESTOR  |  Commercial Real Estate & Business Opportunities

Royal LePage Real Estate Services Ltd., Brokerage

416.762.8255 (Bus) 416.533.5308 (Direct) May 25–June 22, 2019


Greater Toronto Area

TimoThy Dobson Sales Representative direct: email:

416-670-4251

office: 416-286-3993

tdobson@rogers.com

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! Basement Apartment, 9-Car Parking; 4 Access Doors. Pro Forma Financials Attached - Potential Cap 5.1%, Plus Expected Potential For Future Redevelopment/Intensification. Potential Double Lot Fronting Brock! Call Tim 416-670-4251 for more details and viewing. May 25–June 22, 2019

Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR

27


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 COMMERCIAL PROPERTY FOR SALE

PRESTIGIOUS BOUTIQUE CONDO CORNER SUITE

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.

Spacious 2 Bdrm in 8-Storey Bldg w/ Only 104 Suites! 1252 sf, Large Terrace, 9’ Ceiling, Crown Mldgs & More.

$2,850,000

$688,800

LOCATION! PREMIUM RAVINE LOT 120 X 200 FEET

YONGE / BLOOMINGTON 97.8 X 144.8 FT LOT

Prof Finished Top To Bottom. Live Up and Rent Down. Ideal Self Contained 2 Bedroom Suite, Must See!!

Great Curb Appeal. Elegant 4+1 Bdrms & 5 Washrms Home In An Exclusive Family Neighborhood. Dream Kitchen. Circular Dark Oak Stairs & Iron Pickets.

$599,900

$1,488,000

YOUR DREAM HOME AWAITS AT BAYVIEW/CUMMER

BUSINESS FOR SALE

Meticulously Maintained 3+1 Bedrooms, 2 Washrooms. Top School, Walk To Bus, Shopping, Park. Close To Hwy 401, 404.

Well Established Flooring Sales & Installation Business Since 2010. Great Reputation & Excellent Clientele. Turnkey Operation, Ideal Family Business. Training Is Available.

$1,169,000

$225,000

DETACHED ON 50 X 128 FT LOT

FOR LEASE

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!

Prime Scarborough, Transit At Door, Industrial & Light Manufacturing, Warehouse Space Facing Main Street, Good For Showroom. 7500 sf.

$429,900

$9.75 / 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. 28

COMMERCIAL INVESTOR  |  Commercial Real Estate & Business Opportunities

May 25–June 22, 2019


Greater Toronto Area

STOP DROWNING IN DEBT! CONSOLIDATE & GET ON THE ROAD TO FINANCIAL FREEDOM

SPECIAL PROMO RATE

NEED A MORTGAGE?

3.19%

905.495.8116 Ext.102

Expiring May 2019 *

www.regalfinancialcorp.com

conditions apply

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

3.25%

3 year fixed

3.79%

5 year variable prime -1%

*Updated April 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! May 25–June 22, 2019

Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR

29


legallyspeaking

Up in smoke

Cannabis and the Condo BY MARK LAURIOLA LL.B. & JAYSON SCHWARZ LL.M.

So now it’s the end of the day. You lean back in your big chair. You light that big fat doobie you’ve been thinking about all day at work and now you can really chill. Wait! There is a knock on the door. You get up to answer it and it’s condo security. “I am sorry ma’am, there is a rule, no smoking of cannabis in this building.” Oh my, you own the unit, yet…

The Cannabis Act (the “Act”) came into effect on Oct. 17, 2018. The purpose of the Act is to strictly regulate, restrict access, and legalize cannabis in Canada. The Cannabis Act (the “Act”) came into effect on Oct. 17, 2018. The purpose of the Act is to strictly regulate, restrict access, and legalize cannabis in Canada. It creates a regulatory and legal framework for controlling the production, possession, sale and distribution of cannabis in Canada. However, it is up to the provinces and territories to determine how cannabis is distributed and sold within their jurisdictions. In Ontario, you must be 19 years of age and older to buy, possess, use, and grow recreational cannabis. You are able to have a maximum of 30 grams of dried cannabis in public at any time and allowed to grow up to four cannabis plants per residence. The real question is how does this apply to ownership and use of your condominium unit? Not surprisingly, there are different interests at stake. On the one hand, there are the unit owners and residents who believe it is part of their “quiet enjoyment” to be able to smoke in their units and common areas. On the other hand, there are those who believe smoking would impede on their “quiet enjoyment” insofar as it creates a nuisance due to second-hand smoke and odours. There are many safety and other arguments for and against cannabis use. The answer for each condominium board will be based on continued on page 35

30

COMMERCIAL INVESTOR  |  Commercial Real Estate & Business Opportunities

May 25–June 22, 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.

$450,000

$1,450/MONTH FOR LEASE

$79,000

Excellent Opportunity To Become A 50% Partner of A Well Established Tane Art Gallery & Online Auction w/ Lots of Client Connections. Seller Needs Partner To Extend Business. ½ of Inventory Incl. is Worth Approx $2,500,000 !

Very Clean Space Offered for Sub-Lease. Completely Finished w/ Laminate Flooring & A Washroom. Head Tenant Uses Back Warehouse For Storage Only. Great Use For A Professional Office, Showroom, etc.

WELL ESTABLISHED TANE ART GALLERY & ONLINE AUCTION

RENOVATED 450 SF UNIT FRONT

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 May 25–June 22, 2019

*limited to $10,000

Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR

31


Greater Toronto Area

SkyViews

Your Price for ‘Upside’ Finding Value in the Grey Areas By Cliff Ford, Skyview Realty

With the ever-increasing demand for multi-unit residential properties amongst investors, a trend has been emerging over the last number of years. Many properties, and certainly buildings with 30+ units, are seeing multiple offers as part of an open bid submission process. If you aren’t familiar with the bid submission process, it is the act of marketing a property for sale without providing a price. Typically, the Seller will provide all due diligence documents in advance of the offer deadline to allow buyers to determine what they are willing to offer on any given property. Sellers love this process as it can generally lead to multiple offers and can create a bidding war that drives up their end price. Buyers dislike this process, however, because they prefer to have some guidance on pricing going into the offer stage. As a brokerage, we are caught in the middle of wanting to deliver great results for our Seller and satisfying our buyer clients’ demands for more investment properties. What we have been noticing with these open bid properties is that ‘upside’ becomes a very common discussion point. The value a buyer places on the upside in a building can often become the factor that makes their offer stand out among the rest, at least as it relates to purchase price. When considering what the upside is on a property, its more than just rental rate upside, especially considering the lower vacancy rates seen in the Ontario market nowadays. Beyond the upside of what you could rent turned-over units for, investors are looking at upside in the utility consumptions by implementing programs to replace lighting with LED bulbs, installing Low-flow toilets in every unit, and investing in higher efficiency heating equipment. Upside can also be found in converting excess space in a building to either additional units, commercial space, or amenities that could draw in greater tenant rents. Sometimes even the location of the property itself

32

COMMERCIAL INVESTOR  |  Commercial Real Estate & Business Opportunities

can have a form of upside for a particular buyer, in that they may own a building nearby and could create valued upside in the sharing of mutual expenses between each property. Whatever the upside factors may be on any particular property, when going into a purchase process, understanding what YOUR value is on the upside will give you a leg up when bidding against other buyers. It appears that, at least for the time being, the sale price of the property is no longer determined just by market comparable sales. It is now the grey areas of upside that are driving the prices higher. Of course if every seller had their way, the Buyer would be paying for 100% of the upside in their purchase price but realistic sellers also know that they need to leave something on the table for a buyer. As a buyer, you need to know what the upside is and how much you are willing to pay for that upside. It is a business decision that only you can determine based on your operations. To be fair when discussing bid submission processes, it should be stated that price may not always be the only factor when a seller chooses one offer to work with over another, but it is likely the most significant factor. As an example, buyers are becoming more and more organized in their purchasing processes in order to streamline their conditional periods and closing dates, as this can also help to achieve a sign back from a Seller when multiple offers are on the table. Especially if all offering prices are neck and neck, the terms of the offer becomes an important factor for a seller. You may not be a fan of the open bid submission process, but it appears as if this new trend will be sticking around. By doing proper due diligence upfront, good research on the property’s market, and determining the price you want to pay for the upside, you can still achieve great acquisitions in this tight and highly sought after investment class.

May 25–June 22, 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

UPPER WEST THORNHILL ESTATE

4+1 Bedroom 4 Baths, Totally Gutted and Rebuilt, Backing To Ravine *Smart Home, New: Chef Kitchen, Baths, Hardwood, Heated Floors & Garage, 8 Ft Solid Wood Doors, Millwork, High End Appliances, Covered Deck, W/O Basement W/Spa Sauna++

$1,769,000 LUXURY BOUTIQUE CONDOS ON BAYVIEW RICHMOND HILL Spotless & Stunning & 1 Bdrm in 7 Story Bldg. Approx 488 Sf, Floor-To-Ceiling Windows, 2018 Engineered Hrwd Flooring Thr’out. Very Bright, Open Concept.

YONGE/SHEPPARD STUNNING 1 BDRM CONDO

$1,888,000 KING CITY DETACHED BUNGALOW

Ravine Lot w/ 2+Acres, Mature Trees & Interlock Front & Back! Custom Design & Finishes: Euro Kit w/ Huge Island, Quartz C-Tops & High-end Applns. LED Pot Lights Galore In/Out, B/I Speakers, Eng Hrwd, FP, New Euro Washrms & Windows, Bsmt w/ Rec Rm, Bar, Bed, 2 Baths+Laundry.

BRAND NEW YORKVILLE 2 BEDROOM CONDO

$469,900 BRAND NEW – TOWNHOME IN THORNHILL

$3,700,900

$1,498,000

CENTRE OF AURORA 4 + 1 BDRM, 4 BATH Semi-Det on Lrg Corner Lot. 1718 SF+820 Bsmt. Newer: Roof, Laminate, Huge Master Bdrm, 4-Pc Ens, Lam Flrs on Main & 2nd Levels, Fin Bsmt w/ Rec Room, Bed, Kitchenette, 3-Pc Bath, Lrg Laundry w/ B/I Cabs & Cantina w/ Shelving. Close to Schools, Shopping Plazas, Fitness Ctr, Cinemas, Parks.

$889,000

Brand New, Never Lived in Lux Corner FH 4 Bdrm Modern TH in Upper Thornhill. 2296 SF by Vogue. Extra Lrg Lot Backing Private Ravine! 10’ & 9’ Ceilgs, on Grd & Upper, 2 Fam Rms, 3 W/Os, Total Upgd: Smooth Ceilg, Stained Hrwd Flrs & Oak Stairs w/ Wrought Iron Pickets, Berber Carpet, Frameless Glass, Shower in M/ BR, High End New Applns, CAC, Mod Kit & Baths w/ Granite Tops, Upgrd Tiles, Plumbing, Faucets, Sinks++

1685 SF, 3 Bathrooms, Custom Kitchen, Top Of the line Appliances, Marble, Porcelain, Gas Fireplace. Indoor & Outdoor Pool, 24 Hrs Valet Service, Concierge.

OCCUPANCY FALL 2022 2 FREE PARKINGS EXTENDED DEPOSIT STRUCTURE

$429,900

1 Bedroom Condo Luxurious, Perfect & Spotless. 9’ Ceilings, 2 Walkouts to Extra Lrg Terrace Like Balcony, New H/E Waterproof Vinyl Plank Flooring, Fresh Paint. Great Bldg Amenities, Steps to Subway & Many Major Amenities. Parking & Locker.

THORNHILL WOODS

Stunning Rare Freehold Home Backing Onto Private Ravine Surr by Evergreens. Attached by Garage Only. Upgrd Hrwd, 9’ Ceilings, Oak Stairs & Kit Cabs, Newly Fin Bsmt w/ Rec Rm, 3 Pc Bath, Lrg Cantina & Laundry, Storage, Lamin. Custom 10’x20’ Wood Deck & Huge Stone.

$1,998,000 THORNHILL WOODS – UNIQUE 4 YR NEW

Gorgeous Detached! 3081 SF w/ High Ceilgs, Custom Finishes: High-End Front Dr, Upgr Hrwd Thr’out, Stairs & Runner, Porcelain Flrs, Chef’s Kit w/ Pantry, Top Of Line Applns, Custom Island, Upgr Granite & More. Prof Fin Bsmt, Pro Landscaped.

$929,000 THORNBERRY WOODS 5-YR NEW DETACHED

$1,314,900 CENTRE OF THORNHILL – BEST LOCATION

Stunning Det Strictly Kocher Home In This Luxurious Pocket. Highly Desired Area! Spotless & Sun-filled, Shows to Perfection. Private Pie Shaped Lot, Open View From All Ws, Newer: Kit C-Tops, Furnace, Roof, Bsmt Carpet & Bathrm Flr, Ws, Oak Stairs, Hrwd. Totally Private Fenced B/Yard. Walk to Places of Worship, Promenade, TTC, Schools, Retail, Shopping, etc.

4+1 Bdrm, 5 Bath Lux 3200 SF Totally Upgrd Gem. 17’ Hallway, Smooth Ceilgs, Pot Lights, Mldngs, Landscaped, Upg Kit, Hrwd & Stairs, Marble FP, 2 Laundry Rms, Pro Fin W/O Bsmt w/ Bdrm, 3-Pc, Rec, Custom Kit, Granite & More.

$489,000 NORTH YORK 2 BDRM 2 BATHS, 1211 SF

Beautiful Large 2 Bdrm Condo. 2 Full Baths, Fabulous South Exposure, Easy Access to TTC, Shops + Park. Great Amenities Incl. Outdoor Pool, Parking.

$1,569,000

www.luxuryrealtybroker.com

*Free market evaluation • Virtual tour & pictures • Colour brochure • Wide exposure advertising

REALTRON REALTY INC, BROKERAGE INDEPENDENTLY OWNED & OPERATED May 25–June 22, 2019

*limited to $10,000

Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR

33


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 34


Central Ontario continued from page 30 the democratic choice of the owners in the building expressed through the Board. If the owners decide they want a cannabis-free building, the condo corporation has two options. First, the rules may be amended. This is the easier option. Pursuant to Section 58(1) of the Condominium Act, 1998 (“the Condo Act”), the board may make, amend or repeal rules for the use of the units, the common elements or the assets of the corporation. This is done in two ways. Subsection 58(1)(a) allows for the promotion of safety, security or welfare of the owners, the property and the assets. Subsection 58(1)(b) allows for the prevention of unreasonable interference with the use and enjoyment of the units, common elements or the assets. Reasonableness must prevail according to Subsection 58(2) and

one may argue the rules would be consistent with the Condo Act. As per Subsection 58(7), a rule becomes effective 30 days after the board has given notice of the rule to the unit owners. This is true unless the unit owners requisition a meeting within the 30 days after notice was provided. Second, the declaration may be amended. Pursuant to Subsection 7(4) (b) of the Condo Act, the declaration may contain conditions or restrictions on the occupation and use of the units and common elements. One may suggest restrictions on recreational cannabis would fall under this provision. However, this is not easy to achieve. According to Subsection 107(2)(e), the condo corporation may amend the declaration if 80 percent of unit owners approve and consent to the proposed amendment.

What does this all mean?

Condo corporations have the choice to further regulate the use of recreational cannabis within their units and common elements. When buying a condo unit, this is something to consider. In the end, if you are a smoker of any kind, you need to really look into whether you can use a unit you buy in the way you want. Having reviewed Status Certificates, it is becoming commonplace that rules are being amended to prohibit smoking and cultivating recreational cannabis. There is normally a medical cannabis exemption. However, not all Status Certificates and condo corporations are the same. How important this is depends on where you fall in the competing interests spectrum previously mentioned. Always ensure your offer includes the opportunity for your lawyer to review the Status Certificate. Happy home hunting!!! CI

Bill Byers

Sales Representative bill-byers@coldwellbanker.ca www.temiskamingrealty.com 1-866-557-1110 705-647-1110 0

,00

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00 9,9 29 $ g kin As

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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.

00 9,9 29 $ g kin As

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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

May 25–June 22, 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

35


Niagara Peninsula

View Our Magazines On any

DigiTaL DeViCe anytime, anywhere! Published by:

12185 Lakeshore Road $1,299,000

Thriving growing business known as DJ’s Restaurant in famous Long Beach Ontario, licensed family restaurant, 138 indoor seating, 52 patio seats, successful business for 41 years, tons of recent upgrades inside and out, includes 2 properties. Call for details- don’t miss your chance for this rare opportunity!

Isaac Phillips Sales Representative

905-774-8144 - Home Office

isaac@isaacphillips.com www.isaacphillips.com 905-574-4600 - Business 905-774-7631 - Business Royal LePage State Realty Brokerage

Now you can view all Commercial Investor magazines online using any smartphone, tablet or desktop device.

Top 1% in Canada Royal LePage 18 Years

TheCOMMerCiaLinVesTOr.Ca call us today! 905-531-4147

Garden City Realty Inc., Brokerage

Catherine

CHAIRMAN’S CLUB

Poirier Realty Group p o i r i e r r e a lt yg r o u p. c o m

SPECULATORS WELCOME

To own a well established business location on an up and coming Saint Paul Street in St. Catharines. Two large store fronts with apartments above offer a steady source of income potential. Great curb appeal in a busy downtown area that offers public transit and easy highway access. AVAILABLE FOR SALE OR LEASE: Sale Price $1,195,000 Lease Price $8.00 sq. ft.

36

TEAM

John Harber

Sales Representative

POTENTIAL FOR 24 LOTS

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

Catherine Poirier Broker

Perry Poirier

Sales Representative

LET REAL ESTATE WORK FOR YOU Amazing opportunity to purchase in this rapidly growing area of Hamilton. 1/2 Acres site offers great potential for development 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.

PLATINUM’S CLUB TEAM

INVESTORS! LUCKY FIND

Fantastic opportunity to own a multi-use investment property. Large commercial space on main floor allows for a wide variety of businesses to operate with steady flow of traffic and fronting onto King Street. Second level consists of 3 apartments that are fully rented with separate entrance. $289,900

For Sale to Sold!

COMMERCIAL INVESTOR  |  Commercial Real Estate & Business Opportunities

May 25–June 22, 2019


Niagara Peninsula

Jack Huitema Broker of Record

905.774.7624

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

Wainfleet • 150 Acres

Caledonia Broiler Farm

Residental 4-plex

Suitable for vegetables and presently growing corn and soybeans. Two large buildings for storage and vegetable sorting and cleaning. 3 bedrm bungalow built in 2000. Irrigation available. For more information call Jack.

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.

Market Garden Land

Dunnville

www.coldwellbanker.ca

“Income Property Advisors”

Royal Real Estate, Brokerage

Steven Kealey

BA, MSc, Broker of Record 278 East Main Street, Welland, ON L3B 3W9 Office Phone: 905-734-6000 Cell Phone: 289-687-6897 Direct iPhone E-mail: WellandApartments@gmail.com

4-Unit Apartment Building in Welland -- $470,000 List Price Gross Income: Gas Expense: Hydro Expense: Water Expense: Property Insurance: Solid apartment Maintenance: building with 4 large Vacancy Expense: 2-bdrm apartments. Management Exp.: Great location. Large upside Property Taxes (2018): potential as current TOTAL EXPENSES: rents are well below Net Income: market rents. === ===================

$36,012 4,174 0 3,045 1,150 2,000 0 0 4,151 $14,520 $21,491 ======

Down Payment & Closing Costs: 25% Down Payment: $117,500 Land Transfer Tax: 5,875 Other Upfront Costs: 3,000 Total Cash Investment: 126,375 Annual Mortgage Payments: 20,345 1st Year Positive Cashflow: 1,146 1st Year Mortgage Paydown: 9,448 Annual Appreciation (5%): 23,500 Annual Return on Investment: $34,094 Total R.O.I. Percentage: 26.98% ======================= ======

To view a Photo Tour and Full Details for this income property & others, visit our website at:

www.StevenKealey.com à or call 905-734-6000 to view

May 25–June 22, 2019

Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR

37


businesssavvy

Business scams

Stay up to date on the schemes targeting businesses Although Fraud Prevention Month was in March, frauds happen year-round. Few areas of life are untouched by fraudsters, be it romance, health, employment, tax payments, online shopping, and even small business owners and investors.

receiving and being charged for items you didn’t order. In many cases, scammers will hound you to pay the amount they claim you owe. They will even trick you into believing that they will report you to a collection agency.

Whatever the time of year, the Competition Bureau of Canada offers up fraud prevention tools to help small business owners, investors and the general public stay informed about the latest scams. At the very least, it’s good to be wary of unsolicited offers, trust your instincts and share fraud prevention tips with your family and friends. Knowledge and vigilance are the best tools to help you recognize, reject and report fraud.

• Educate yourself, your employees and your co-workers to be cautious of unsolicited calls. • Create a list of companies that are typically used by your business. • Limit the number of staff that can approve purchases and pay bills. • Clearly define procedures for verification, payment and management of accounts and invoices. • Contact your province’s regulator to know your legal obligations. • Fraudsters will use company names or logos similar to those of known businesses to make their invoices seem real. Inspect invoices carefully before making any payments.CI

Don’t be duped

Organizations of any size can still be taken in by clever frauds, so make sure you know about them. A typical one is the directory scam. A fraudster sends your company a proposal for a 38

listing or advertisement in a magazine, journal or business directory, or for an online directory. They’ll call to confirm the address and other details. Then the accounting department will receive and pay the bill, unaware that your company never actually ordered or authorized the service. Another common fraud is the health and safety products scam. You might receive a phone call from someone claiming to be from the provincial government, telling you that your firstaid kits need to be replaced or you have to update your company’s health and safety training. In both cases, you may be told to act quickly. One other possible scam is the office supply scam, which involves you

COMMERCIAL INVESTOR  |  Commercial Real Estate & Business Opportunities

Tips to protect yourself:

competitionbureau.gc.ca. May 25–June 22, 2019


Business Investor

Double your money in 6 years.

Your real estate and mortgage investment specialists.

PUTTING YOUR MONEY TO WORK

Pro Funds Mortgages provides a variety of mortgage investment opportunities DETAILS

offering some of the most competitive returns in the industry ranging from 10-16% annually. These returns are fixed (not contingent on project success) and are secured on real estate.

$100,000 Initial Investment 14% Annual Return 1 Year Term 6 Years Re-Invested

Our mortgage investments also feature some of the shortest terms in the real estate industry, typically ranging between 1-3 years. An important factor to consider with shorter-term investments, is the true benefit of compounded interest that you will earn when re-investing your principal plus interest after an investment has paid out. Please see the example below outlining how re-investing your principal investment plus interest can generate profitable compounded returns for you over a 6 year time span, and make your funds work for you in the highest capacity.

SCENARIO

Double your Money in 6 Years by Re-Investing your Annual Earnings PRINCIPAL + INTEREST INVESTMENT YEAR 1

YEAR 2

YEAR 3

YEAR 4

YEAR 5

YEAR 6

Initial Investment

$100,000

$114,000

$129,960

$148,154

$168,896

$192,541

Plus 14% Earnings

$14,000

$15,960

$18,194

$20,742

$23,645

$26,956

Total at Year-End

$114,000

$129,960

$148,154

$168,896

$192,541

$219,497

RETURN ON INVESTMENT

$119,497 Return Over 6 Years

÷

$100,000 Initial Investment

=

120%

20%

Return Over 6 Years

Annualized ROI

By re-investing your principal and interest at 14% per annum, you can generate a return of 120% on your original investment in 6 years! (rounded to the nearest dollar)

3410 South Service Rd., Ste. 200, Burlington ON, L7N 3T2 | 1.888.330.3866 | info@ProFunds.ca | #12051 May 25–June 22, 2019

ProFunds.ca

Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR

39


Business Investor

Be the bank.

B O R R O W I N G M O N E Y T O L E N D T O M O R T G A GYour E S real estate and mortgage investment specialists. 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

$1,896

$325,000 at 7% Annually

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

$8,287

$690.62 x 12 Months

+ $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, L7N 3T2 | 1.888.330.3866 | info@ProFunds.ca | #12051 40

COMMERCIAL INVESTOR  |  Commercial Real Estate & Business Opportunities

ProFunds.ca May 25–June 22, 2019


H

A

M

I

L

T

O

N

Mazhar Roshan Sales Representative

905.929.9800 647.609.9463 905.574.6400

Direct

BROKERAGE

GTA Direct Office

mazharroshan@sympatico.ca

HomeLife Professionals Realty Inc.

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

GLANBROOK

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.

UPPER WENTWORTH - HAMILTON

PLAZA LOCATION

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

Plaza location, 3,310 Sq. Ft., Retail office, commercial space in highly growing neighborhood of stoney creek mountain. Tenants include Tim Horton’s, ESSO, Gino’s Pizza, Ovandale, animal hospital, doctors and others. Very low rent and long lease. Immediate possession available. Call for more details.

18 ACRES OF LAND

PRICE REDUCED - $599,000

53 ACRES OF LAND

RE

DU

CE

D

GLANBROOK

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

HAMILTON

RE DU

CE D

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.

PIZZA STORE

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.

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. 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

Sales Representative jenn@teammilovick.com

www.TeamMilovick.com

Invest in Ontario’s Number 1 Town Today! Subscribe: Latest KWC Real Estate News: www.FaceBook.com/TeamMilovick 28 ELMSDALE DRIVE, KITCHENER

2,999,000

LY

AL N O I

D L O S IT

D CON $

43 EUCLID AVENUE, WATERLOO

$

• $219,000+ Gross Annual Income • Suite includes: 4 appliances, laundry, colonial series door/trim, Available Here! laminate flooring • Newer Stacked Townhouse • Close to all amenities Development • MLS® • Beautifully landscaped • No deferred maintenance

109 BRUCE STREET, KITCHENER

$

739,900

649,900

• $42,000+ Potential Gross! • Rental Licensed, Legal Triplex • Three Class A3 Rental Licences • Unbeatable Uptown Waterloo/ Old Westmount Waterloo location!

45 HIGH STREET, WATERLOO

$

599,900

• Ideal location for AirBNB • Easy walk to two LRT Stations • Oversized detached double garage with Loft! • MLS®

23 MARSHALL STREET, WATERLOO

$

419,900

• $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®

• $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®

• $28,800 Gross Annual Income Available Here! • Hard working student money maker located steps to WLU • Freehold opportunity (no condo fees) • Class D2 rental license in place for five bdrms. • Leases in place to end of August, 2019. • RMU-30 zoning may allow for future land assembly. • Seller will consider holding first mortgage, on approved credit • MLS®

304-8 HICKORY STREET WEST, WATERLOO

1-455 ALBERT STREET, WATERLOO

WE HAVE BUYERS FOR Apartment Buildings – 6 plex to 100 units

$

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®

42

$

239,900

• Turn key, rental licensed 4 bdrm condo opp. • Landlord friendly development with all units geared towards rental. • Well managed, stable complex. • End unit - larger than interior units in the dev. • All bdrms are above grade - no bsmnt bdrms. • Reasonable condo fees of just $370 a month. • Opportunity to bring rents immediately to market. • Easy walk to both universities • MLS®

Ontario Institution Grade Student Housing $20 MM to $50 MM Industrial Multis – up to 250,000 Square Feet Development Land – 12 unit potential + KWC Guelph – Handyman Specials


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

3790 Lakeshore road, CamLaChIe, oN

+/-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

This links-style, 18 hole course is in exceptional condition. It includes a +/-22,000 sq. ft. club house featuring a full day spa facility, 7 guest suites, an extensive food, beverage & banquet facility, & fitness rm. It also features an attractive outdoor salt water pool w/lounging area & separate Pro Shop overlooking the first hole. Offered at $2,900,000.00 Contact Mark Stevens, Sales representative mark.stevens@colliers.com

170 ChurCh street, st. CatharINes

570 WeLLaNd ave., uNIt 5 st. CatharINes

Pt tWP Lt 25 mouNtaIN, NIagara FaLLs

4 parcel Mixed Use development property for sale in Downtown St. Catharines. Proposed plan for 60 Units including +/-8,514 square feet of retail space. Excellent investment opportunity with many permitted uses. Offered at $1,600,000.00 Contact Gregory Chew, Sales representative greg.chew@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

442 mILLeN road, uNIt 9 & 10, stoNey Creek

PCL 12-2 aLLaNPort road, thoroLd

144 duNkIrk road, st. CatharINes

+/- 10.05 acres vacant dry industrial land available. Located near the corner of Barron Road and Allanport Road in the City of Thorold. Approximately 50% graveled, fully fenced. Offered at $800,000.00 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

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

Brokerage appraisals ManageMent

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“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


$1,150,000

$2,750,000

7325 #20 HIGHWAY, SMITHVILLE 1.8 ac property. incs 6000 sf building ftrs 14’ ceilings, mult n/g tube heaters, 2-15’x13’ overhead powered doors, 5-11.2’x11.6’ overhead manual drs, dry storage rms,1 ton stationary crane, heavy-duty conc flring, frame straightening anchors, multi exhaust fans, fenced compound w/heavy rock base+2018 survey.

$1,500/MONTH

7104 CANBOROUGH RD, CANBOROUGH

Turn-key commercial kitchen. Asking $1500 p/ month plus apportioned share of utilities. Offers func. kitchen, lrg sit-down bar, 5 booths, extra table for 6 plus private outdoor patio. Incs.exclusive use of all kitchen equipment,cutlery,equipment etc. Tenant responsible for all liquor licence applications.

$950,000

1812 THOMPSON RD EAST, WATERFORD

20.65ac Comm/Agricultural inc clean 5402sf “A” compliant Provincially Inspected(OMFRA) abattoir/ meat processing plant. Incs updated 5 bedrm/2 bath, att. garage, det.wrkshp+2 new Coverall bldngs-1 w/ enc.ends/hydro/water. Large paved drive/parking lot. Aprx. 20ac of loamy workable land systemically tiled’15 provides ex.agri component.

44

$1,500,000

15 JAYLIN CRESCENT PORT DOVER

7 JAYLIN CRESCENT PORT DOVER

Prime 4.22 ac (total of both properties) boasts est. turnkey Marina in heart of P. Dover-over 1000ft of frontage on Black Crk w/L.Erie access. Ftrs 70 slips w/on-shore decks/water, 300 boat storage, retail store, htd shop, 1872sf”Club House, all equipment..solid income. RARE!

$479,000

35 MAIN ST NORTH, HAGERSVILLE

$299,900

33 MAIN ST N, WATERFORD

Reno’d 2 stry COMM/Retail building. Stylish stucco exterior w/modern stone skirt accents plus quality display windows. Offers excellent visual exposure incs. hi-daily volume of traffic boding well for retail store front. Serviced lot fts. 2 fully rented RES, rear prkng + sep. hydro & n/gas meters.

Incredible Commercial Opportunity! Currently operating as “Gram’s Cafe” w/tremendous reputation of incredible homemade meals & service. Includes majority of equipment & chattels. Ample parking & seating for 80(apprx.). Updts inc. H/VAC, electrical, roof, recent addit., kitch, flrng,baths,office&more.

$1,100,000

$599,000

1854 TRINITY ROAD S, ANCASTER

Profitable boarding/grooming kennel business! 2.3ac lot w/ bungalow-kitch, fam rm w/FP+ WO, liv rm w/FP, 3 bedrms+5pc bath. LL-rec rm, 3pc bath+4th bedrm. Fully equipped 2533sf kennel incs 3 sections, 69 inside/44 outdoor kennels & washing/grooming station. 3384sf 4 stall B&B livestock barn + paddocks.

18-20 ARGYLE STREET N, CALEDONIA

Profitable 6 unit comm/res property in Caledonia’s vibrant, revitalized downtown business dist-15 min/ Hamilton, 403. Lrg vol of vehicular/pedestrian traffic, superb visual exposure w/eclectic boutiques+trendy bistros nearby. Ftrs 2 store fronts+htd/drywalled rear warehse. MF ftrs 9-12’ceilings, orig. hardwd flrs+ oversized display windows. 4 residential units.


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

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

45


Licence # 11995

ATUL BHATT Mortgage Agent M16000002

Working for You NOT the Lenders • Commercial Private Financing • Hotels, Plazas, Apartment Buildings And Construction 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 E RIC L P 0.00 A I C 0 SPE499,9 $

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

EXECUTIVE RETAIL SPACE OWN & WORK, BURLINGTON, ON F PH ORME AR MA R CY

BUY/HOLD INVESTMENT APPROX. 10% CAP RATE SEE E TOU VIRT RIC P R P UAL ICS NEW

VACANT. Attractive commercial condo, ideal for numerous applications. Located on a desirable busy street in Burlington, this unit should give you the exposure you need to succeed. Restaurants, shopping, businesses, residential homes, all at your doorstep. Located mins from the go Station and major HWYs. 2 bthrms, one handicap equipped, 2 rooms with sinks, plus an additional rough in, also includes a basement. MLS# H4046042

1917_DJW_4_0001 RETAIL WITH BUILDING UNDER 10,000 SQ.FT. SEASONAL COMMERCIAL

$588,888.00 MLS # H4033616

$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 MLS # H4033616

UNITS 420&421 TOGETHER PRESTIGE EXECUTIVE OFFICES NEW

ICE

PR

4080 sq.ft. (2 Units Open Concept Joined) Both Units selling together with excellent Lease Income Approx. 8% Cap Rate.

4080 SQ.FT. / 2 UNITS. OFFERED AT ONLY $ 1,100,000.00

SALVAGE-YARD 1045 & 1049 MCDOWELL RD., E. NORFOLK , ON 2 DEEDS / PROPERTIES & 4 BUILDINGS

MLS # H4029395

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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Commercial Investor - 25 May, 2019 by NextHome - Issuu