Featuring: Commercial•Industrial•Franchise+Business Opportunities
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April 27–May 25, 2019 Volume 19 | Issue 5
Full Coverage Area Including: London • Kitchener • Niagara Falls • Hamilton • Toronto • Ottawa EXECUTIVE RETAIL SPACE OWN & WORK, BURLINGTON, ON
703 THE QUEENSWAY
SPECIAL PRICE $499,900.00 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.
4,800 SF + bASEmENT • Ground floor retail/office space with 2 large apartments above • 4 Surface parking spaces • Zoning allows wide range of uses and development opportunity • Asking $2,749,000
CONTACT: PAUL J. SzOSTAK, BROKER RE/MAX REAL ESTATE CENTRE INC., BROKERAGE TEL: 905.333.3500 EMAIL: stakteam@gmail.com
For more information: Hanem Hamouda Sales Representative Cell: 416-414-9320 Email: hhamouda@cbci.ca
George Calado Sales Representative Cell: 416-799-9435 Email: gcalado@cbci.ca
LARGE AND SMALL APARTMENT BUILDINGS WANTED
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
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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 CONTACT: WINSTON DAVIES, BROKER OF RECORD WINCORP REALTY INC. REAL ESTATE BROKERAGE GUELPH, ON TEL: 519-836-2080 EMAIL: wjmdavies@rogers.com
PRIME COMMERCIAL DEVELOPMENT LAND FOR SALE HAMILTON – 12.75 acres situated on the hard signalized corner of Upper James St. and Airport Rd. Zoned C6 District Commercial with all services and capacity at lot line. Adjacent to Hamilton International Airport, the fastest growing airport in Canada, Easy access to major transit routes (403, QEW, Hwy 6), Daily traffic count 35,000 cars per day, surrounded by existing residential and 600+ new homes slatted for construction. All studies complete for site plan application process. Ideal for Gas Bar, Car Wash, Quick Service Restaurants, Hotel, Long Term Care.
ASKING PRICE $8,900,000
NE CORNER OF WILSON ST & JOHN ST N, HAMILTON
NEW HIGH RISE DEVELOPMENT OPPORTUNITY!
0.6 of an acre situated at the hard corner of Wilson Street and John Street North. Currently used as office building and retail space with plenty of parking. Zoned D5 in Hamilton Downtown Secondary allowing for long term care facility, purpose built rentals, Condos etc…. up to 30 stories. For more information and to book your viewing, please contact Nicholas Kazan, Broker or Nic Von Bredow, Broker. Royal LePage Macro Realty, Brokerage 905-574-3038
CENTREVILLE COMMERCIAL UNITS – BEAMSVILLE Located in the heart of Beamsville, boutique style commercial condos to be built as part of a mixed use development. Across from major anchor retailers, and beside the Beamsville community centre and arena. 800 sqft. 5 units available. Units can be merged to create larger space. Call for further details.
BRAND NEW RETAIL SITES
FUTURE DEVELOPMENT LAND
COMMERCIAL CONDO UNIT FOR SALE
Brand new commercial condo unit for resale, located in the new waterfront community in Grimsby on Winston Rd. 1100 sq ft of space, completely unfinished. Call for more details.
OFFICE UNIT FOR LEASE
IN STONEY CREEK ONLY 1 UNIT LEFT!
FOR LEASE – New Retail Development located between Brantford and Paris along busy route. National tenant on site. Pad Site available. Inline retail units available. Call for further details.
Almost 50 acres of future development land Located south of Hamilton bordering urban area. Asking Price is $26,250,000 Listed exclusively
Nicholas Kazan, Royal LePage Macro Realty, Brokerage Independently owned and operated
2
Broker, CCIM kazan@redhillgrp.ca Office 905.574.3038
Great Stoney Creek location at 589 Barton St. 1 unit available 2nd floor professional office space at 2200 sq ft space built out to 100% offices with reception, bath, and kitchen. This high traffic location has quick access to the QEW. Well maintained building with lots of successful tenants.
Nicolas von Bredow, Broker, CCIM nvbredow@redhillgrp.ca Office 905.574.3038
Not intended to solicit Properties or Buyers Currently Under Contract
www.redhillgrp.ca
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
+ 24 one-bedroom and 10 two-bedroom suites + Constructed in 2014 with elevator and tenant amenities + Open-concept floor plans with high-end finishes
Martin Cote* 519 340 2317 martin.cote@cbre.com
London 380 Wellington Street, Suite 30 N6A 5B5 T 519 673 6444 F 519 673 6948
Mitchell Blaine* 519 340 2309 mitchell.blaine@cbre.com
+ + + +
±8,020 Sq. Ft. ±0.49 acres M-3 Zoning Asking $1,699,000
+ + + +
Michael Black* 519 340 2313 michael.black@cbre.com
+ ±2.0 acres net + Development concept yields 24 cluster towns + Asking $1,500,000 ($62,500/unit)
Martin Cote* 519 340 2317 martin.cote@cbre.com
Waterloo Region 72 Victoria Street S., Suite 200 N2G 4Y9 T 519 744 4900 F 519 571 9315
Chris Kotseff* 519 340 2321 chris.kotseff@cbre.com
MEDIUM & HIGH DENSITY DEVELOPMENT LAND London, Ontario 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
TOWNHOUSE DEVELOPMENT SITE Wellesley, Ontario
+ ±38.5 acre site inside the urban boundary + Located off Hwy 8; 10 min drive east to Stratford + Numerous grocery, restaurants, shops and other amenities nearby
Joe Benninger* CCIM 519 340 2323 joe.benninger@cbre.com
Brad Collins* 519 946 3034 brad.collins@cbre.com
+ 28,309 Sq. Ft. fully leased property + Well positioned, with quick highway access in Kitchener + Close proximity to numerous amenities
FREE STANDING COMMERCIAL BUILDING Kitchener, Ontario
Todd Cooney** 519 340 2315 todd.cooney@cbre.com
SUBDIVISION DEVELOPMENT LAND Sebringville, Ontario
Martin Cote* 519 340 2317 martin.cote@cbre.com
23,247 sq. ft. | 1.65 acres Fully tenanted by Infrastructure Ontario Core central location Secure income plus upside
Brook Handysides* 519 946 3030 brook.handysides@cbre.com
34 UNIT MULTI-RESIDENTIAL PROPERTY Timmins, Ontario
James Craig* 519 340 2330 james.craig2@cbre.com
FULLY LEASED COMMERCIAL ASSET Kitchener, Ontario
FIRST CLASS OFFICE INVESTMENT Windsor, 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
• Multi-Unit Commercial Building in the heart of Wortley Village
141 Wortley Rd, London, ON
Asking: $1,450,000.00 Andrew Johnson* 519.438.8639
andrew.johnson@cushwakeswo.com
Brent Rudell*** 519.438.5608
den apartment • Site Area: 0.25 acres • 20+ Parking Stalls • Zoning: BDC - Allows for a wide range of commercial uses • Net Operating Income: $81,000.00
OFFICE/RETAIL
OFFICE/RETAIL
COMMERCIAL OPPORTUNITIES SOUTHWESTERN ONTARIO 664 Richmond St, London, ON Asking: $2,400,000.00 Tyler Desjardine* 519.438.5403
tyler.desjardine@cushwakeswo.com
Gary Pollock** 519.438.2174
Jameson Lake* 519.438.8548
jameson.lake@cushwakeswo.com
Andrew Johnson* 519.438.8639
WAREHOUSE/OFFICE
andrew.johnson@cushwakeswo.com
• Additional Rent $9.00 PSF Includes: TMI, Parking, Snow Removal+Utilities • 10,550 SF Total • Zoning: CF3(2) • 50 Parking Spaces • Landlord is willing to demise the space into units starting at 1,000 SF and provide a tenant improvement
Asking: $975,000.00 David Jongerden* 519.438.9125
david.jongerden@cushwakeswo.com
1375 Huron Church Rd, Windsor, ON
Asking: $3,525,000.00 Tyler Desjardine* 519.438.5403
tenants • 0.905 Acres • Total Building: 4,100 SF • 3,100 SF - showroom/
2040 Blue Heron Dr, London, ON
INVESTMENT
1490 Richmond St, London, ON Asking: $10.00 PSF Net
gary.pollock@cushwakeswo.com
• 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
• 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
HEAVY INDUSTRIAL
OFFICE
brent.rudell@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
1312 Plank Rd, Sarnia, ON Asking: $1,499,000.00 Kenn Poore** 519.438.5588 x 224
• 14,000 SF building on 5.64 acres with 250.82' frontage • Zoning: Heavy Industrial • Fully leased to long term tenant with over 5 years remaining on the current lease • Good location for local service with easy access to Highway 401 • Environmental Study completed in 2018
kenn.poore@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
OFFICE SPACE
Close to the Court House, City Hall and McMaster. Available immediately. Downtown office space from 155 - 1285 sq. ft. From $225 monthly
QEW & CENTENNIAL PARKWAY 45 GODERICH
OFFICE SPACE
FORMERLY USED FOR DOCTOR’S OFFICES 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
• Tax Rebate • Tax Resolution • Tax Optimization Andrew Ku
CPA, CA Licensed Public Accountant
6
SERVICES • Corporate and Personal Tax Services • CRA Tax Audit Assistance I Tax Appeals • Tax Planning, Structuring and Tax Optimization for Investors, Realtors, Builders and Property Managers • Audit, Review and Compilation of Financial Statements • Real Estate Investors Tax Services • Non-Resident Tax Services • HST Consultation Services • Real Estate Investment Vehicle Services
Andrew Ku Professional Corporation
• 3080 Yonge Street, Suite 6000, Toronto ON M4N 3N1 (Yonge/Lawrence) • 370 Highway 7 E, Unit 106C, Richmond Hill ON L4B OC4 (Bayview/Highway 7) • +1 (416) 855 3080 | +1 (416) 522 0011 • info@RealEstateTaxes.ca
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
• 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
• Rare 0.237 acre multi-family residential development land in Preston • Underground parking design fits topography
• Great location close to Uptown Waterloo & Park • MLS • Call Ahren Spylo
255 NORTHFIELD DR, WATERLOO
• 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
$25-$40/SF
$599,900 #3 - 35 CHERRY BLOSSOM RD, CAMBRIDGE $249,900
#20 - 60 BATHURST DR, WATERLOO
519-741-6594
Neil@cmarealty.ca
CELL:
• 600sf Office on main floor also available, ideal for personal service or medical • MLS • Call Duncan McLean
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
$5.75/SF WANTED APARTMENT BUILDINGS IN SOUTHWESTERN ONTARIO
RYAN BRIGGS
Broker of Record CELL:
• 2,622sf retail/office unit for lease • Join tenants the Beer Store, Casey’s Bar & Grill, Subway, Holy Guacamole and many more
• 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
• 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
$27/SF 1120 VICTORIA ST N, KITCHENER
• 2,135sf retail unit available at Bauer Marketplace in Uptown Waterloo • $27/sf rent plus $10.50/sf CAM • Great location close to Mark Nunes, Bauer Kitchener, Vincezo's, etc. • Zoning allows many retail and office uses. • Exclusive • Call Duncan McLean
loading, minimum 18' ceilings, outdoor storage, 3-5% office • Triple A Tenant • Call Duncan McLean
KITCHENER, ONTARIO
• Potential for 7 to 22 units • Convenient location for transit, shopping, park & hospital • MLS • Call Duncan McLean
#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 2019 Occupancy • Require: High hydro, drive-in & dock level
$1,095,000
193 WATER ST S, CAMBRIDGE
$1,699,999 1257 KING ST E, CAMBRIDGE
50 CENTRAL ST, WATERLOO
• Well-maintained six-plex • Separately metered units • Secure front entrance & security cameras
$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 24
BUSINESS SAVVY
Seven low-cost marketing strategies for your business
INVESTMENT
Tips for enhancing your shortterm investment property
LEGALLY SPEAKING
It’s important to understand your condominium documents
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REGIONS Kitchener, Waterloo & Guelph ......... 10 Southwestern Ontario ........................19 Hamilton ............................................20 Greater Toronto Area .........................26 Central Ontario ...................................35 Niagara...............................................36 Business Investors ............................39
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LONDON HAMILTON NIAGARA
MEDIA CONSULTANTS
TORONTO
Yhanique Facey GUELPH 1.866.536.2606 KITCHENER/ Daphne Kua WATERLOO 1.866.532.2593
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NIAGARA
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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
69-73 dicKson street, cambridge
1193 Queens bush road, Wellesley
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
529-533 exmouth street, sarnia
• Fully leased commercial investment opportunity • 50% occupied by Service Ontario • 15,360 sq ft on 0.927 acres • $2,000,000 MLS
sale
1250 Fischer hallman road, Kitchener
• Historic Brick, mixed use building across from City Hall in Downtown Galt • Rare investment opportunity for investor or owner/user • 3,328 sq ft • $715,000
excLuSive
sale
197-199 dundas street, london
MLS
417 exeter road, london
MLS
• 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
• High density development site at the intersection of Fischer Hallman & Bleams Road • Located next to grocery anchored plaza • 1.97 acres • $5,900,000
534 Queens avenue, london
sale
• Downtown Office Investment Opportunity • Excellent opportunity for a user to occupy 12,000 sf and enjoy revenue from a government tenant • 20,194 sq ft on 0.228 acres • $2,900,000
sale
• 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
• 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
April 27–May 25, 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
LEASE
5 manitoU Drive, Kitchener
mls
• Newly designed open concept office/tech space in Downtown Kitchener • Available Spring 2019 • Private elevator • 5,200 sq ft • $20.00 / sq ft Net EXClUsIVE
LEASE
• Office and Retail opportunities on main floor or second floor. • Available Summer 2019 • Units from 1,000 sq. ft. – 9,000 sq. ft. • $25.00 / 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
street soUth, LEASE #8a – 250 DUnDas camBriDge
King street west, Kitchener
LEASE
231 shearson crescent, camBriDge
LEASE
379 QUeen street soUth, Kitchener
• Large, bright and airy office space in the JM Schneider House • Located on the main floor in a secured building with its own entryway and large wood paneled boardroom • 1,575 sq ft • $26.00 / sq ft Gross
• 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
3-347 erB street west, waterloo
LEASE
L
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
April 27–May 25, 2019
Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR
11
Seven low-cost marketing strategies businesssavvy
12
COMMERCIAL INVESTOR | Commercial Real Estate & Business Opportunities
April 27–May 25, 2019
You know it’s going to take a marketing push to meet your sales goals this year. But your budget is tight and you’ll need to use your imagination to make it happen. Where to start? For many business owners, marketing doesn’t come naturally. They lurch from one tactic to another without a clear idea of whether the efforts are going to pay off in higher sales. If that description sounds familiar, here are some time-tested, low-cost techniques to improve your marketing and help you reach your goals.
1. CONDUCT A SURVEY
It’s critical to create a marketing plan before moving on to tactics. And the first step in developing a marketing plan is to understand who your target customers are and what they want from your company. A good way to gain a better understanding of your customers is to conduct a survey about your products or services. If you can’t afford to hire a research company, do it yourself by creating a short questionnaire and recruiting existing and prospective customers to participate.
2. PAMPER YOUR EXISTING CUSTOMERS
It’s typically five times as expensive to make a sale to a new customer as it is to an existing one. So, make sure you’re not neglecting the people who already know and trust you. Consider, for example, taking your best customers out to dinner or golf and using the opportunity to ask them about how to improve your business. You could also personally write to your top 10 customers to thank them
April 27–May 25, 2019
and tell them they’re part of your new loyalty program or invite them to a sneak preview of your latest product.
3. COMMIT TO ONLINE MARKETING
The Internet provides you with an inexpensive 24-hour virtual storefront. You can build relationships with prospective customers by offering them high-quality content on your site such as blogs, how-to articles, videos and a newsletter. You can also extend your reach by using social media. One word of caution however: If you’re not willing to devote six to eight hours a week of an employee’s time, you’re better off going with a simple, welldesigned website.
4. USE ALL YOUR REAL ESTATE
Your building and surrounding land or sidewalk are great places to put up signs and banners. And don’t forget to use your vehicles as moving billboards. But remember: Your images and messages should focus on what you’re selling, not your company’s name.
5. WORK AT PUBLIC RELATIONS
A media story about your company is generally much more valuable than an advertisement because of the credibility it confers on your business. But in this era of media cutbacks, it’s
harder than ever to attract journalists’ attention. Keep in mind that they’re looking for a compelling story to tell. So, help them by letting them know about your innovative product, unusual customer contact or high-stakes gamble that paid off. And keep at it – building relationships with the media will pay off.
6. TURN EMPLOYEES INTO AMBASSADORS
Your employees are part of the community and have all sorts of contacts that could help you. How about inviting employees and their extended families to a fun event at your business? You may find you get new word-of-mouth business or hear about a potential new business partner. At the very least, your team will come back to work on Monday feeling energized.
A good way to gain a better understanding of your customers is to conduct a survey about your products or services.
7. GIVE BACK
By sponsoring a hockey team or participating in a charity drive with a cheque and a collection jar in your lunch room or by the cash register, you’re not only doing your part for the community, but also generating goodwill with customers and prospects. CI
Source: BDC.ca
Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR
13
Kitchener/Waterloo Guelph & Cambridge
Dalibor Radulovic Sales Representative dalibor1@rogers.com
Chris Mossey
Tunde Abiodun
Rob Piombini
chrismossey@rogers.com
tabiodun@gmail.com
rpiombini@homelifepower.com
Sales Representative
Broker
Broker
519-885-8810
HomeLife Power Realty Inc., Brokerage*
385 Frederick Street, Unit 32 Kitchener, Ontario N2H 2P2
*Independently Owned and Operated
HAVE BUYERS FOR ALL TYPES OF MULTI-FAMILY BUILDINGS PLEASE CALL IF YOU ARE INTERESTED IN SELLING 0
,90
99 2,9
$
D L O S
0
,90
99 1,5
NEW
$
$
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.
Jamie Fischer, Sales Representative Office: 519-357-3332 Cell: 519-531-1100 Email: jamie@remax-lx.ca 262 Josephine Street, Wingham ON N0G 2W0
0
,99
99 1,2
LLY
A ION
DIT LD N O CDevelopment SOOpportunity
413 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. Updates made to roof, windows and patio doors, Veissman boilers, commercial hot water tank and ionizer for water softening in the last 8 years. fire code retrofit completed. Controlled entry. Turnkey investment with On-site Super who manages and maintains the property for you. Above Average Return on Investment. Currently, 100% rented. Could be purchased in conjunction with 410 Hazel Street.
CE
PRI
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)
View Our Magazines On any
DigiTaL DeViCe anytime, anywhere!
276 CENTRE STREET, WiNgham | $349,900
Fantastic investment opportunity; this beautiful triplex can accommodate you greatly with its fully rented, 2 bedroom units. Ample parking, natural gas heat, coin laundry on site, steel roofing, new windows and a comfortable shared entrance between the three separate units giving maximum living quality to potential renters. Close proximity with the towns’ schools, hospital and local businesses. Call to inquire about your next asset. MLS# 30716822.
Published by:
504 CamPBELL STREET, LuCkNoW | $199,900
Location location location. Don’t miss out on the opportunity to be your own boss. This mechanic shop is ready for a new owner. Prime location in the village of Lucknow. This shop offers 2 bay service doors as well as a great store front area, included in the price is a car wash with access off of Havelock Street. The building itself has undergone many great upgrades including a new roof, new carrier furnace, Carrier ac unit, high efficiency lighting and much more in 2015. Call today to book a showing to see this shop. MLS# 30718716 14
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 April 27–May 25, 2019
Kitchener/Waterloo Guelph & Cambridge
www.teammilovick.com
519-745-7000
Grand Valley Realty
BROKERAGE INDEPENDENTLY OWNED AND OPERATED
Unit 15C, 370 Highland Road West, Kitchener, ON N2M 5J9 fax: 519-489-1333
Mike Milovick B.B.A., CCIM, Broker mike@teammilovick.com
Jennifer Shingler
www.TeamMilovick.com
Invest in Ontario’s Number 1 Town Today!
Sales Representative jenn@teammilovick.com
Subscribe: Latest KWC Real Estate News: www.FaceBook.com/TeamMilovick 110 MADISON AVENUE SOUTH, KITCHENER
28 ELMSDALE DRIVE, KITCHENER
$
2,999,000
• $219,000+ Gross Annual Income Available Here! • Newer Stacked Townhouse Development • Beautifully landscaped • No deferred maintenance • Suite includes: 4 appliances, laundry, colonial series door/trim, laminate flooring • Close to all amenities • MLS®
$
$
1,199,000
• $68,000+ Gross Scheduled Income • Ten Student Duplex • Re-rented until at least end of August, 2020 • Steps to WLU main entrance - and WLU Business Building in the backyard! • Land play opportunity with high density NMU-12 zoning when combined with adjacent properties. • MLS®
• $186,000+ Gross Annual Income Available Here • Built in 2016, everything is new • Suite includes: 5 appliances, laundry & dishwasher, laminate flooring, soaker tub, A/C, • Close to all amenities • MLS®
$
599,900
April 27–May 25, 2019
1,300,000
$
739,900
43 EUCLID AVENUE, WATERLOO
$
• $38,500+ Gross Annual Income Available Here! • Entry Level Apartment Building • Two 2 bedroom units, Two bachelor units • Desirable Romseount/Heritage Park area • Oversized/divided double car garage • Shows clean with updates • MLS®
$
389,900
679,900
• $42,000+ Potential Gross! • Rental Licensed, Legal Triplex • Three Class A3 Rental Licences • Unbeatable Uptown Waterloo/Old Westmount Waterloo location! • Easy walk to two LRT Stations • Oversized detached double garage with Loft! • MLS®
304-8 HICKORY STREET WEST, WATERLOO
604B-275 LARCH STREET, WATERLOO
$
• $2239 Gross Monthly Income • Massive, 1400 SF, Three Bedroom UnitAvailable Here! • 5 Years Young! • Contemporary Finishings that Students Love • Steps to WLU, Easy walk to UW • MLS®
D L O S
• $96,000 Gross Annual Income Scheduled for September, 2019! • Three doors from main entrance to WLU and 15,000+ Students • Re-rented on Multi-Year Leases until at least August, 2020 • Roof (2016), Fridges and Stoves (2018) • All Units Painted in Past Two Years • Oversized Shed Ideal for Landlord Storage • Spacious units with In Suite Laundry • MLS®
109 BRUCE STREET, KITCHENER
45 HIGH STREET, WATERLOO
• $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®
$
2,999,000
251 HAZEL STREET, WATERLOO
249 HAZEL STREET, WATERLOO
289,900
D L SO
• Under construction. • Assignment opportunity. • One Bedrom Plus Den • $1350 Monthly Income • Two Year Developer Income Guarantee • Furniture Package Included • Across Street from WLU Business Building • Interim Occupancy Expected January, 2019 • MLS®
Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR
15
Kitchener/Waterloo Guelph & Cambridge
COLDWELLBANKER BANKERCOMMERCIAL COMMERCIAL COLDWELL PETER BENNINGER REALTY, BROKERAGE PETER BENNINGER REALTY, BROKERAGE
508RIVERBEND RIVERBENDDRIVE, DRIVE,KITCHENER, KITCHENER, ON. ON. 508 PHONE: 519-743-5211 PHONE: 519-743-5211 COLDWELL BANKER COMMERCIAL
SF · $35.00/SF · MLS: 30712431 BROKERAGE R E PETER TA I L /BENNINGER O F F I C E REALTY,2,006 WATERLOO · Turn-Key spa with liquor ON. license. Located in the heart of the F O R508SRIVERBEND A L E / L EDRIVE, A S E KITCHENER,
PHONE: 519-743-5211
512-2,211SF · $22.00/SF· MLS:30720593 /599/604/619/621/629/634/637/641
WATERLOO · Welcome to “The Hub” an -tower commercial/ Lester Tobin* 4,500 SF · $9.00/SF · MLS: 30697875 · WATERLOO · Updated office space Immediately available for lease w/ furniture if required. Long term or short term available with storage space. Call today for more info! Chris Kolednik** 1,462 SF · $12.00/SF · MLS: 30716173 KITCHENER · Retail/Medical /Office End Unit with High Exposure. Build to suit. Ample on-site drive-up parking. Space can be divided. Lester Tobin* 2,000 SF ·$18.00/SF ·MLS: 30711454 WATERLOO · Office/Retail Space, High Visibility, Steps from WLU, Starbucks, Mortys, BMO, On-Site Parking. Zoning Allows for Many Uses. Chris Kolednik** 2,786 SF · $25.00/SF · MLS:30709704 WATERLOO · Retail unit in the heart of Waterloo’s University District on University Ave. Ample on-site parking, high - exposure - high traffic. Lester Tobin* 2,792 SF · $21.00/SF ·MLS:30703174 KITCHENER · Newly constructed retail plaza with high exposure and traffic. Centrally located near highschool, sports-
523 SF · $39.00/SF · MLS: 30662378 · WATERLOO New retail unit with patio. Located in the heart of the University University District. Main floor of District. Lester Tobin* “The Hub” Lester Tobin* 3,000 SF · $28.00/SF · MLS: 30637864 63,027 SF · $16.95/SF · MLS: 30719228 · KITCHENER · Freestanding pad site with WATERLOO · AAA Office Space. drive-thru. Ample on-site drive up parking. Lester Tobin* James Boudreau**/Gary Boudreau* 1,162 SF - 1,779 SF · From $22.00/SF · MLS: 30635440 · BRESLAU · New Retail 3,165 SF · $11.00/SF · WATERLOO Development in a growing, under-serviced MLS: 30653390 · Bright second floor space. Abundant on site parking High site w/drive-thru available. traffic @ King + Columbia. John Hoffman* Pad James Boudreau**/Gary Boudreau* 1,143 SF · $10.00/SF · MLS: 30709843 · WATERLOO · Bright, well located office 2,500 SF · $14.00/SF · MLS: 30718982 · space.James Boudreau**/Gary Boudreau* CAMBRIDGE ·Space offers a perfect spot for any business that needs Office and 1,100 SF · $1,975/Month · MLS: Warehouse space. Ideal for HVAC, Water 30673625 · WATERLOO · Quiet, Softener and Cellphone Shop Uses. Chris Kolednik** peaceful office unit. Located in the trees. Walking distance to Uptown shopping area. Onsite parking. Lots of windows and INDUSTRIAL/ sky lights. Lester Tobin*
3,144 SF · $12.00/SF · MLS: 30696919 · KITCHENER · Affordable office space www.coldwellbankercommercial.ca 5,800 SF · $685,000 · MLS: 30599428 · just off LRT route. High visibility AYR · at the gateway to Urban Email :Located Commercial@coldwellbankerpbr.com ** Broker parking available. Ayr. Ideal for office, vet., or place of Ample James Boudreau**/Gary Boudreau* worship. Colin Vogel* LRT stop.
Lester Tobin*
www.coldwellbankercommercial.ca www.coldwellbankercommercial.ca Email : Broker ****Broker Email :Commercial@coldwellbankerpbr.com Commercial@coldwellbankerpbr.com 16
WA R E H O U S E
3,961 SF · $28.00/SF · MLS: 30637876 · FOR LEASE/SALE KITCHENER · Freestanding building w/ high exposure & high traffic. Ample onsite drive up parking. Lester Tobin* INDUSTRIAL/OFFICE FOR LEASE · BRIGHT, ON. MLS:30707996 · 5,250 SF · $5.25/SF 32,000 SF · $16.95/SF · MLS: 30689959 · Located minutes from Hwy #401. 400 WATERLOO · Well located AAA Office amp, 16’ ceilings. One 18’ x 14’ drive door. Space. Divisible to approx. 8,000 SF. Outdoor storage. Lester Tobin* James Boudreau**/Gary Boudreau* INDUSTRIAL/OFFICE FOR LEASE · BRIGHT, 532 SF · $1,199/Month · MLS: 30664627 · ON. MLS:30708000 · 6,612 SF · $5.25/SF WATERLOO · Finished 2nd floor office. 3 Located minutes from Hwy #401. 600 large windows. High traffic intersec- amp, 17’ ceilings, 3 cranes, 1—dock, 2 doors. Outdoor storage. tion. 24/7 electronic reader board. drive-in Lester Tobin* Colin Vogel*
COMMERCIAL INVESTOR | Commercial Real Estate & Business Opportunities
11,000 SF on +1,859 SF Bungalow House · $850,000 MLS: 30701902 · 117 East Road · Lions Head, ON. Many uses permitted. * Sales Representative Possible medical marijuana grow op. ** Marketing Broker Youtube: Property Address for Video. Eric Frey*
SalesRepresentative Representative ** Sales Broker ****Broker April 27–May 25, 2019
Kitchener/Waterloo Guelph & Cambridge
COLDWELL COLDWELLBANKER BANKERCOMMERCIAL COMMERCIAL PETER BENNINGER REALTY, BROKERAGE PETER BENNINGER REALTY, BROKERAGE 508RIVERBEND RIVERBENDDRIVE, DRIVE,KITCHENER, KITCHENER, ON. ON. 508 PHONE: 519-743-5211 PHONE: 519-743-5211 COLDWELL BANKER COMMERCIAL
30,000 SF PETER · 6.82 Acres · $1,299,000 · OUTDOOR BENNINGER REALTY, BROKERAGESTORAGE/LAND FOR MLS: 30702941 · 607 Little Pike Bay Rd. LEASE · BRIGHT, ON. MLS:30708007 · 508ON. RIVERBEND ON. · $2,000/ Month · Located Lions Head, PreviousDRIVE, use KITCHENER, was 1/2 Acre PHONE: 519-743-5211 manufacturing. High Power Available. High minutes from Hwy #401. 600 amp, 17’ Ceilings. Google Address for Marketing Video. ceilings, 3 cranes, 1—dock, 2 drive-in Eric Frey* 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*
ST JACOBS BANQUET HALL/RESTAURANT 8,000 SF,4.3 Ac · $2,100,000 · MLS: 30704935·Extensive renovations to build1 Ac. · MLS: 30697875 · $1,050,000 · ing and grounds. Includes furniture/ KITCHENER · Available for commercial cooking equipment. Site includes a freeSteve Gerakopulos* redevelopment in expanding area of standing home. Kitchener-Waterloo boundary. Many uses permitted. Chris Kolednik** 1,280 SF · $89,000 · EXCLUSIVE · KITCHENER ·Well established business 0.80 Ac. · MLS: 30686210 · $990,000 · since the 1970’s. High income-high sales. CLARINGTON · Corner lot located on HWY No franchise. Owner will train. #2 between Courtice & Bowmanville. Lester Tobin* Zone change required (C4) Call for list of potential uses. Lester Tobin*
+/- 107.50 acres combined · Exclusive· “Buy and Hold” land opportunity available. Located immediately adjacent to the RETAIL INVESTMENT P L A Z A City of Waterloo Boundary within the WATERLOO · 7,271 SF|0.66 Ac.· Township of Woolwich. Zoned Agricultural $3,950,000 · MLS: 30712328 · Fully leased investment plaza. Located in busy traffic Development. node. Ample on-site drive-up parking. Colin Vogel*/Peter Benninger** 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 Peter Benninger**/Colin Vogel* RETAIL/REDEVELOPMENT SITE FOR SALE route. KITCHENER · 1,586 SF/0.12 Acres · $899,000 MLS: 30616343 Unique High Profile Location. Corner Lot beside farmers BUSINESS FOR SALE market. Great redevelopment site, parking lot, etc. Lester Tobin*
INVESTMENT PLAZA · KITCHENER 10,656 SF & 10,624 SF · $6,900,000 · EXCLUSIVE · New retail plaza 2016. Long term leases. New residential developing area. Lester Tobin*
GUELPH CAR WASH, GAS STATION & LUBE SHOP WITH PROPERTY 5,873 SF · $2,700,000 MLS: 30644230 · Gas station with propane, automated 1.44 Ac · MLS:30698798 · $680,000 · www.coldwellbankercommercial.cacarwash and lubeshop business with PUSLINCH TWP. One of the last lots avail- property on 1.05 acres. Environmental Email : Commercial@coldwellbankerpbr.com ** Broker able on Maltby Rd. 250’ x 250’ flat. Nice reports completed. Call for more details! Lester Tobin* setting. John Hoffman*
LAND FOR SALE
www.coldwellbankercommercial.ca www.coldwellbankercommercial.ca Email : Broker ****Broker Email :Commercial@coldwellbankerpbr.com Commercial@coldwellbankerpbr.com April 27–May 25, 2019
2,456 SF · $269,000 · MLS: 30665548 KITCHENER Successful business. Great Franchise. Business Only. Gary Boudreau*
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. 3037
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 **3117 Broker Harmony Voisin* Ext.
* Sales Representative
* Sales Representative Broker ****Broker Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR
17
enhance your income property
One in five Canadians rent their property for shortterm tenants or are considering doing so in the future. Designer Jo Alcorn provides tips on how to make your investment property stand out above the rest. Add personAlity
Include a little individualized charm. It doesn’t need to be overly extravagant. Try including your favourite scented candle or a cozy throw.
CreAte An inviting spACe
With short-term rentals, most people look for the comforts of a real home and not a sterile hotel room. Create an inviting space with accent pillows, styled shelves and artwork. All of this can be done on a budget and with non-breakable items. Make sure things are easily washable so you can keep things feeling fresh between guests!
MiniMAl look, MAxiMuM return
As much as you want to make the space feel homey, you want to keep the space simple and (Netflix organizer) 18
Marie Kondo approved! This way your home always looks put together.
keepin’ it fresh
Make your home stand out from the rest by keeping things fresh. Little touches like flowers or small plants that require minimal maintenance, and fresh white linens and towels give that hotel clean feeling but with the comfort of home. It also looks great on camera when you’re staging the space.
lights, CAMerA, ACtion
A picture is worth a thousand words when it comes to short-term rentals. Since it’s the first thing a potential customer looks at, the quality of the photos is as important as the staging. Photos that showcase natural lighting, your design personality and cleanliness, along with ensuring they are high
COMMERCIAL INVESTOR | Commercial Real Estate & Business Opportunities
enough resolution, are keys to coming out on top.
hook people with words
The description you create is as important as the photos. The description allows you to bring your space to life in a way photos cannot. And make sure your photos match your description; don’t talk about the spacious bedroom on the second floor if you don’t have accompanying imagery.
proteCt your hoMe
The time and effort you put into creating a welcoming space goes a long way, but as a short-term rental host, you want to make sure you protect your home. Unless your policy clearly states that short-term rental activity is permitted, you may not be covered for short-term rental related losses. That’s where Duuo comes in – an on-demand, episodic insurance service designed to protect short-term rental hosts and their homes. With Duuo, you pay only for the days you want coverage, so you can rent securely and relax. Learn more at duuo.ca. Ci April 27–May 25, 2019
Southwest Ontario
Mike Stewart Royal Lepage NRC Realty, Brokerage 115 Broad Street East, Ontario
Office 905-774-7511 Cell 289-244-4270 Email mikestewart@royallepage.ca
$1,800,000 New Listing
7900 square foot brick building - steps to the downtown core including easy access to banks, hospital, post office and restaurants. Building located on large corner lot features extensive parking, great highway exposure with central location, wheelchair accessibility, elevator, 2 vaults, 4 washrooms, event rooms, boardroom, storage facilities, and large reception area. office space available for lease from 500 - 7900 sq ft.
Call me today!
289.244.4270
Sutton - Huron Shores Realty Inc. Brokerage
View Our Magazines On any
DigiTaL DeViCe anytime, anywhere! Published by:
Independently Owned and Operated
Brian Shular
Doug Freiburger
Kaitlyn Shular
606 Goderich Street, Port Elgin, ON N0H 2C0
519-797-1007 1-888-727-1007
Crystal Mitchell
Joey Wentworth
Broker of Record Sales Representative Sales Representative Sales Representative Sales Representative
COMMERCIAL INCOME PROPERTY 583 Catherine St., Port Elgin $550,000 • Three Unit Plaza in the Heart of Port Elgin • Currently Fully Rented, Large Parking Lot • An Excellent Investment • Short Walk to Schools, Parks & all Port Elgin has to Offer • MLS # 138018
EXCELLENT INCOME INVESTMENT 569 Green St., Port Elgin $564,900
Now you can view all Commercial Investor magazines online using any smartphone, tablet or desktop device.
TheCOMMerCiaLinVesTOr.Ca April 27–May 25, 2019
• 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.
Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR
19
Hamilton
H A M I L T O N
Mazhar Roshan Sales Representative
905.929.9800 647.609.9463 905.574.6400
GTA Direct
BROKERAGE
Office
I have qualifi ed buyers for up to $5M in commercial and investment buyers. Call for details.
mazharroshan@sympatico.ca
UPPER WENTWORTH - HAMILTON
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.
RE DU CE D
HAMILTON
HomeLife Professionals Realty Inc.
Direct
PIZZA STORE
BURLINGTON FOR LEASE
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.
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
2000 Sq. Ft. on lower level for storage.
“My Business is to Sell Your Business” 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 INVESTMENT PROPERTY FOR SALE OFFICE & RETAIL FOR LEASE UPPER JAMES ST, HAMILTON 5 – 35 KING ST E - DOWNTOWN HAMILTON GREATER HAMILTON AREA Prime retail and office spaces in the High profile exposure on Upper heart of the downtown core. Store fronts James, a solid mixed-use building along King St from 486 to 2,338 sf with 20-21 parking across from the & office spaces from 1,100, 3,395 & Walmart retail complex at Fennell gorgeous brick and beam office space Ave. Three storey building with with loads of character, large windows, mixed uses plus a fully occupied natural light & hardwood floors from finished basement. Lease terms vary, 14,205/floor plate, multiple floors 1 m/m Tenant & 1 1,100 sf unit located in the spectacular historic Right vacant. Proforma Net income approx. A medical use building located across from a Hospital. Includes a well House building with close proximity to $95,283, Hydro paid by most established Pharmacy and Orthopedic businesses with related services and all downtown services and amenities. Tenants, separate meters. Reduced buildings. Loads of potential to add additional medical uses and rental units. The building is located in close proximity price to $1,649,900 for quick sale. Ideal for a medical group investment. Seller prefers a share sale, qualified to the future LRT stop. Space divisible. buyers only. New price $4,499,0000, possible VTB, call for details. Call LA for details. OFFICES SPACE FOR LEASE DOWNTOWN HAMILTON
RETAIL & OFFICE FOR LEASE GOVERNOR’S RD, DUNDAS
RETAIL FOR LEASE 1400 UPPER JAMES ST., HAMILTON
Attractive and well maintained downtown office building with close proximity to all downtown amenities, restaurants, transit and ample on-site pay parking. Bright and spacious 3rd floor/institutional space currently used by a school, ideal for same or most other pro. office uses. Spectacular surround views from large windows throughout. August 2019 possession. Building offers an on-site café and many other amenities. Unit size 17,890 sf rentable (possibly divisible & additional space available). Economical GROSS RENT, asking $14.95/sf. Call LB for further 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 & retail/office units. 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.
20
COMMERCIAL INVESTOR | Commercial Real Estate & Business Opportunities
April 27–May 25, 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.
$425,000
11 ALABASTINE AVENUE, CALEDONIA
$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!
$800,000
219 ARGYLE STREET N, CALEDONIA
$625,000
1 ALABASTINE AVENUE, CALEDONIA
Caledonia Commercial-Industrial Garage/Shop, desired North end of town on 40’x 98’ serviced lot. 32’x 42’ Garage/Building w/2 car hoists, upgraded high eff. N/G furnace, updatd electrical, LED lighting, bathrm, concrete flr, & hydro service. Ample parking & Ideal street presence. Please DO NOT go direct to the property! Call Listing Agent for more Information.
2.25 acre Caledonia parcel, North end of town zoned ML (Light Industrial). Surrounded by commercial & Industrial buildings with 2 road frontages. Property has a res. home (4 beds, 1 bath) & res. duplex (both 2 beds, 1 bath) The best of both worlds – current cash flow & solid Investment. Please DO NOT GO DIRECT to the property! Call LA for more Info.
Prime Commercial Corner property w/current office/ house & detached 24’ x 32’ Garage in Caledonia’s thriving North end. Great curb appeal. Interior layout offers OC MF layout w/cubicles, kitchen, & office. Upper level allows for 2 addit. offices & 4 pc bath. Please DO NOT go direct to the property! Call LA for more Information.
$699,000
$1,100,000
$599,000
847 #24 HIGHWAY, CHARLOTTEVILLE
Beautiful 4.17 ac multi-purpose country property incl updated 2-storey home w/det garage+ automotive business. OC kitch/DR, living rm, sunrm, bedrm + 4-pc bath. UL-3 bedrms, poss lounge area + 5-pc bath. Basement sports fam rm+ 4th bedrm. Profitable automotive business incl 2000 sf shop + equip.
April 27–May 25, 2019
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
21
Hamilton
COMMERCIAL, REAL ESTATE & BUSINESS OPPORTUNITIES
Bill Bradley
Sales Representative
416.258.6866
Independently Owned & Operated
Unit 2, 1240 Speers Rd., Oakville ON 416.258.6866
exitwithbill@gmail.com
$13,900,000 plus HST.
FINISHED MALL. Simcoe, Ontario. Call Bill Bradley 416-258-6866
LAND – $1,990,000
5.2 acres oked for a plaza to be built with a service centre on the end. Simcoe, Ontario. Call Bill Bradley 416-258-6866
49 ACRES of commercial lands on the south west edge of Milton. Call Bill Bradley for price 416-258-6866
Large apartment buildings are wanted by my clients. (75 to 200 units). Please call me if you have one or two and would like to sell, or any one who would like to buy one or two. Call Bill Bradley 416-258-6866
PLAZAS FOR SALE
Call Bill Bradley for what size of Plaza you want and the Price you will Pay and I shall find you one. 416-258-6866
RETIREMENT HOMES FOR SALE
I have 12 Retirement Homes FOR SALE, all government approved, all profitable units from 20 units to 72 Units in size. Call Bill Bradley if you are interested in buying one or two or buy all 12 Retirement Homes. Buyers Only. 416-258-6866 22
COMMERCIAL INVESTOR | Commercial Real Estate & Business Opportunities
April 27–May 25, 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 $ 675,000. 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
617 PARKDALE
NEED INDUSTRIAL AND COMMERCIAL PROPERTIES FOR SALE OR TO LEASE
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
420 PARKDALE UNIT 6
859 WOODWARD, HAMILTON
770 MOHAWK ROAD
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
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.
April 27–May 25, 2019
Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR
23
legallyspeaking
Understanding your condo docs BY JAcquelIne MoneTA JD WITh ASSISTAnce fRoM JAYSon SchWARz llM
New disclosure requirements in the Condominium Act provide owners with more information than ever, but all of this information can quickly become overwhelming. What are all the documents and what do they tell you? The following is an overview of the rules and regulations governing condo living. Condominium declaration
The declaration is like the constitution of a condo. It provides information regarding each suite’s boundaries and share of common expenses expressed as a percentage of the total budget. The declaration also describes any recreational facilities and how they will be used. It can also contain restrictions on the use or occupation of the units and common elements. A review of the declaration will tell you exactly what you are buying. A declaration can only be changed if more than 80 per cent of the owners agree to the change. This makes subsequent changes to the declaration difficult and rare.
By-laws
The by-laws control how condominium corporations are run. They outline the qualifications of condominium directors, their remuneration (if any), and the quorum necessary for a meeting. The by-laws may also outline when and how the condominium can borrow money. This is important if there is ever a special assessment levied. As an alternative to a special assessment the condo may be able to borrow funds, if allowed in the by-laws, rather than makeup any shortfalls from the unit owners.
24
By-laws can be passed, appealed or amended by the board of directors. Before becoming effective, by-laws must be approved by a majority of the units of the corporation and registered with the land registry office.
Condominium rules
The board of directors can also make, amend or repeal rules. The rules govern the safety, security or welfare of the owners and the property or assets of the corporation. They typically prevent unreasonable interference with the use and enjoyment of the common elements or units. It’s common for the rules to prevent owners from renting out their units for short periods of time (ie. Airbnb) or restrict visitors’ use of the common elements. It is also increasingly common for the rules to limit the number and/or size of pets allowed in the building. Rules can vary greatly in each condominium, so even if you are familiar with condo living it’s important to review the rules in each building you buy into. They can impact lifestyle choices, which while not legal issues, should be considered carefully as they can have a large impact on your dayto-day life.
COMMERCIAL INVESTOR | Commercial Real Estate & Business Opportunities
Status certificate
Perhaps the most important document you’ll receive is the status certificate. This document gives buyers details of the financial and legal circumstances for the condominium building. A status certificate will include information regarding increases in common expenses, law suits against the condominium corporation and any upcoming large expenditures for repairs. A status certificate will also have information about the individual condo unit. It indicates if the current owner is in default of paying common expenses and if any increase in common expenses has been declared by the condominium board. While sifting through these documents may seem overwhelming, careful review of the rules and regulations governing your condo could save you a lot of time and unexpected cost down the road. You should also seek the advice of a real estate lawyer and accountant who can point out abnormalities or possible red flags. Don’t forget the best help you can get is from a real estate lawyer who understands condominium law. Be careful and find someone who is knowledgeable and cares about you and your family. This is an important milestone in your life. Send or fax letters to the magazine or to us, use the website (schwarzlaw. ca), email (info@schwarzlaw.ca) and give us your questions and concerns. We will try to deal with them in print or electronic form. CI
April 27–May 25, 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 SALE
fOR SALE
April 27–May 25, 2019
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 onsite for 29 vehicles. Building interior gutted ready for buildout. 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.
Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR
25
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
26
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.
April 27–May 25, 2019
Greater Toronto Area
Tom Tsambourlianos, Broker
416-520-3601
email: tom.tsambourlianos@century21.ca | office: 905-883-8300 CENTURY 21 Heritage Group Ltd., Brokerage
Burlington
Vaughan
$169,000
Brampton
$299,000
$328,750
Amazing Opportunity Remodelled 2017. Great Lease 4+5 Years, Established Franchise Since 1992. Great Cash Flows, Staff Would Love To Remain.
Join The Special Event Rental Business Today. Est Since 1992,Supplying To To Event Planners, Banquet Halls, Brides, B Mitzvas.
Fast Casual Restaurant In A Busy Plaza, Anchor Tenants, Walmart, Winners, The Brick, Staples & More. This Company Is Over 30+ Years Established.
Toronto
Vaughan
Uxbridge
$598,000
$949,000
$1,950,000
Established Full Scale Event Décor Company Fully Equipped with Hundreds of Thousands In Equipment. Over $1M Inventory.
Rare Sale of Unit Incl. Vendors Business Est Since 1992 To Be Purchased All Included In This Sale Price! Property Drive-In Door Facing Hwy 400/Teston.
Your Oasis Awaits! Come Build Your Dream Estate On 100 Acres Of Land. Go East From Hwy 404 On Bloomington For 20 Minutes, Turn Left (North) On Concession 4 (Cobra Bbq).
Uxbridge
Uxbridge
Uxbridge
$1,950,000 Your Oasis Awaits! Come Build Your Dream Estate On 100 Acres Of Land. Go East From Hwy 404 On Bloomington For 20 Minutes, Turn Left (North) On Concession 4 (Cobra Bbq), This Land Is 1 Km North On East Side. April 27–May 25, 2019
$3,395,000 Wow, 2 Homes, +Pool House & +2 Huge Bldgs On A 40 Acre Parcel, Excellent Quality, Must Be Seen, New Pool House Theater Room/Bar. Kitchen, Bath, Garage (1800 Sq Ft).
$3,395,000 2 Homes On A 40 Acre Parcel, Excellent Quality, Must Be Seen, +New Pool House Theatre Rm/Bar/Kitchen, Bath, Garage (1800 Sq Ft). Two Amazing Out Building 200’ X 40’ Current Set Up For Turkey Production.
Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR
27
Greater Toronto Area
Cindy Wen SALES REPRESENTATIV E
647-204-5336 ccwen008@yahoo.com
TOP PRODUCER
www.CindyWen.com
Top Producer Cindy Wen: Offers Seller’s Client:
Guaranteed house sold program, free property evaluation,
免費房屋估價及諮詢!
free home staging consultation. Offers Buyer’s Client: Guaranteed stress-free experience, free home buyer consultation, best suitable mortgage solutions.
HomeLife/GTA Realty Inc. BROKERAGE
CLIENT TESTIMONIAL
SOLD 120%
“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
Office: 416.321.6969 5215 Finch Ave E., Suite 203, Toronto, ON M1S 0C2
*OF ASKING PRICE*
IN 5 DAYS
COMMERCIAL RETAIL UNIT ON QUEEN STREET
COMMERCIAL PLAZA IN GTA BUY & SELL
SPACIOUS TOWNHOME
NORTH YORK HIGH-END CONDOS
For Lease At An Amazing Rental Rate! Great Convenient & Vibrant Beaches Location. Suitable For Professional Offices & Many Types Of Retail Uses. Call Cindy 647-204-5336.
Commercial Plazas In GTA — To Buy And For Sale. Call Cindy 647-204-5336.
Affordable Spacious Townhome In Convenient North York From 550K. Call Realtor Cindy 647-204-5336 Today.
Pre Construction — North York High-End Condos. Minutes to Subway & Highway. Call For Details. Call Realtor Cindy 647-204-5336 Today.
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
View Our Magazines On any
DigiTaL DeViCe anytime, anywhere! Published by:
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 Commercial Investment opportunity for Investors / Builders
Sale Price $1,990,000 (Financing available)
Call Ed Bain
416-836-7686 (email) slandcorporation@yahoo.ca
28
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 April 27–May 25, 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.
$1,200/MONTH FOR LEASE
$350,000
$79,000
VAUGHAN – IN THE HEART OF CONCORD INDUSTRIAL AREA Reno’d 450sf Unit Front. Easy Access To Major Hwys! Offered Space Is Completely Fin w/ Laminate Flooring & A Washroom. Use As Professional Office, Showroom, Etc. or Storage. Rental $1200/Month Incl. Tmi + 70% of Utilities. Avail 1-5 Years Sub-Lease.
ART GALLERY & AUCTION SALE NORTH YORK Excellent Opportunity To Become A 49% Partner Of A Well Established Art Gallery w/ Lots Of Connections To Clients Over The Years. Seller Is Selling An Art Using Auction. Needs A Partner To Extend The Business. Half Of The Inventory Included Is Worth Approx $2,500,000 - Full Inventory. Total Rent Is $1,840.54 Incl. Hst. Owner Is In Art Business For Over 25 Years, Willing To Train. Very Fine Art Stock & Antiques.
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 April 27–May 25, 2019
*limited to $10,000
Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR
29
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 NEW CUSTOM BUILT LUXURY RAISED BUNGALOW
PRESTIGIOUS BOUTIQUE CONDO CORNER SUITE
Stunning Open Concept w/ 10’ Ceiling on Main Flr & 9’ in Bsmt, Supersized Windows. Lake View! Call Annie.
Spacious 2 Bdrm in 8-Storey Bldg w/ Only 104 Suites! 1252 sf, Large Terrace, 9’ Ceiling, Crown Mldgs & More.
$799,900
$688,800
LOCATION! PREMIUM RAVINE LOT 120 X 200 FEET
ESTABLISHED FLOORING BUSINESS
Prof Finished Top To Bottom. Live Up and Rent Down. Ideal Self Contained 2 Bedroom Suite, Must See!!
Great Reputation & Excellent Clientele! Sales & Installation. Turnkey Business Opportunity. Training Avail. Ask Annie.
$599,900
$225,000
LOCATION, LOCATION! HIGH DEMAND AREA
HIGH EXPOSURE & GREAT VISIBILITY
D L SO
Bright & Spacious 3 Bdrm + Solarium. Living Rm w/Fireplace, Large Kit, Close To All Amenities & Public Transportation.
C4 Commercial Zone Property in High Traffic Location, Situated Around Established Residential Neighborhood & Commercial Retailers.
$2,695/Month for Lease
$29/Square Feet
PRIME 4,500 SF COMMERCIAL RETAIL SPACE
TTC AT DOOR, WALK TO ALL AMENITIES
Free Standing Bldg w/ Great Exposure on Main. High Traffic Count, Wide Parking Lot &, Tons of Parking Spaces. Call Annie.
Well Situated 5,434 Sq. Ft. Great Space For Industrial & Light Manufacturing Or Warehousing. Unit Is At Front of Building Facing Rd.
$18/Square Feet
$8.75/Square Feet
Tired of paying rent? Let me show you how to realize your dream! Call today for a no obligation appointment. Experience the difference. 30
COMMERCIAL INVESTOR | Commercial Real Estate & Business Opportunities
April 27–May 25, 2019
Greater Toronto Area
MATTHEW GARNET
B.A., C.S.C.
S A L ES R E P R ES E N TAT I V E
Tel 905.773.8000
For Powerful Performance, “Deal with The Dragon!”
CAMPBELLFORD
14.29 ACRES OPPORTUNITY KNOCKS! Introducing “The Ridge” 14.29 acres ideally situated abutting the urban boundary and over looking the Trent/Severn Canal! As ”infill” as they come, this parcel is nestled amongst residential homes with excellent road frontage on 6th Line West and Victoria Street. Municipal services only steps away, this property is a blank canvas for your “inner” developer. Minutes away from downtown Campbellford. Right off County Road 30/Grand Road.
416.509.3036
6$ 4 9,9 0 0
DIRECT
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 31
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Copyright trolls:
know your obligations
The internet makes all sorts of information available, seemingly for free. But if you intend to use someone else’s content on your website, in your brochure or in your store, you need to license the use of it – this goes for videos, writing, music, or photographs. But we all make mistakes. Maybe you unknowingly used a photo on your homepage from one of these websites, or an employee added it to your brochure. If that happens, you might receive a letter from a company telling you to either pay to license it or remove it from usage, or face legal repercussions. So, you remove it from your site and hope that is the end of it. In many cases, that is the end—but what if it isn’t? Let’s say a few months later, you receive an invoice from a law office stating you need to pay them $2,000 for copyright infringement, or they will take legal action. What is happening here?
You might be dealing with a copyright troll
Unlike stock photography websites like iStockphoto and Shutterstock, who make money on licensing fees, trolls merely pose as stock photo websites. These companies’ main source of income comes from threatening those who unwittingly use their photos without a license. That’s right, they want you to commit copyright infringement, so rather than getting a small amount of $20 per year for licensing a picture, they are hoping to land $2,000 from those who don’t know their rights. 32
Here are your options
According to an article by SamuelsonGlushko (cippic.ca/FAQ/Copyright_ Trolls), you have options if you receive an invoice from a law office. You could: • Accept and pay the fee demanded. • Negotiate for a lower fee. • Offer a fee in line with what the company could expect for statutory damages (in Canada, $500 per work, up to $20,000). • If you qualify as an innocent infringer, offer the company $200 per work as an equitable settlement offer. • Tell the company that the work has been removed and say that ends the matter (and risk being sued). • Ignore the company (and risk being sued).
What do you actually owe?
Generally, the courts in Canada are unlikely to award more than the minimum amount of $500 per work infringed. They also have the discretion to: • Reduce damages up to $200 per unaware infringement. • Reduce damages below the minimal amount where one medium, like your website, contains multiple infringing works and the total award would be grossly out of proportion to the infringement. You should be aware that trolls are
COMMERCIAL INVESTOR | Commercial Real Estate & Business Opportunities
not interested in low settlement fees. Expect a troll to reject what you might consider a fair offer to settle, or a proposed settlement fee that is equal to what you would have paid to use the image had you sought a license at the time. That does not mean you have to pay the outrageous fees demanded by the troll. Again, it is a matter of risk: Are you likely to be sued? Do you want to incur the expense and bother of protracted demands?
Now a “collections firm” is threatening your credit rating! Is this true? Can a troll threaten your credit rating?
No. A troll’s demand is just that, a demand, an unsubstantiated allegation of copyright infringement. It is not until it turns into a successfully concluded lawsuit with a judgment against you that this demand turns into a debt. At this point, if you refuse to pay the damages – the judgment debt – your credit may be threatened. If you look carefully at the troll’s “collections” communications, you will see that it is not really a collections agency. Usually, this is just a division of the troll’s business model, a part of the process of squeezing money from victims. It is deliberately deceptive and potentially unlawful. If you find yourself in a potential copyright infringement conundrum, but are not being sued call a CFIB business counsellor to discuss your options (1.888.234.2232). If you are being sued, call your provincial law society. They can offer you a 30-minute phone consultation with a copyright lawyer for $25. CI Source: cfib-fcei.ca/en April 27–May 25, 2019
Greater Toronto Area
TimoThy Dobson Sales Representative direct: email:
416-670-4251
office: 416-286-3993
tdobson@rogers.com
$989,900
Downtown whitby
ClassiC briCk ProPerty in Great ConDition on PerfeCt Corner lot
Commercial Gem Permitting A Variety Of Uses - Service, Retail Shop, Professional Office, etc. High Traffic Location, 15,000 - 20,000 Cars Per Day! 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. April 27–May 25, 2019
Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR
33
businesssavvy
Counterfeit money and cash handling: What you need to know
If you’re a victim of counterfeiting, you might expect to recoup the losses, but that’s not how it works. Victims aren’t compensated, so it pays to verify your bills. With each new series of banknotes comes ever more sophisticated security features – but they’re only effective if you use them. Here are some of the security features of the latest series of Canadian currency. 34
• Touch the large number, the shoulders of the large portrait, and the words ‘Bank of Canada’/‘Banque du Canada’ on the front of the bill. You should find they are raised to the touch.
COMMERCIAL INVESTOR | Commercial Real Estate & Business Opportunities
• Tilt the top of the bill towards you and you should see sharp colour changes in the metallic building in the large transparent window. • Look at the metallic portrait in the large window – it should match April 27–May 25, 2019
Central Ontario the large portrait on the front of the bill. • Look at the numbers in and around the large window; they should match the value of the note and some will appear in reverse. • Look at the frosted maple leaf window and check for the transparent outline. • Note: the $20 bill is the most widely used and counterfeited banknote For a complete list of security features for polymer bills and other bank note series, visit the Bank of Canada website. On top of these security features to look for, you and your employees should practice good cash-handling habits: • Leave currency on the cash register ledge or other secure area visible to the customer until the transaction is complete in order to avoid disputes over the amount being paid. • Count change back to the customer to avoid mistakes.
• Make sure the cash or cheque from the transaction is placed in the cash drawer or other secure container before handling the next transaction. • Don’t make change for someone who is not making a purchase. • Purchase a counterfeit bill detector and use it. • Check for the security features mentioned above. • Create a company policy on the acceptance of non-Canadian currency and post in a prominent place. Include the exchange rate that will be used. • Have a company policy on rounding cash transactions due to the elimination of the penny and post in a prominent place. • It is against the law to knowingly use a counterfeit bill or to keep one without a lawful reason. If you suspect a bill is counterfeit: • Politely explain your concerns to the customer and request another bill.
• Advise the customer to check the note with the local police. • Notify the local police of a possible attempt to pass counterfeit money. • Avoid putting yourself and your employees at risk. • Be courteous to the customer; they may be an innocent victim, unaware the bill is suspicious. Note: All suspected counterfeit bank notes (U.S. and Canadian) must be turned over to local police. CI Source: cfib-fcei.ca
On top of these security features to look for, you and your employees should practice good cash-handling habits
Bill Byers
Sales Representative bill-byers@coldwellbanker.ca www.temiskamingrealty.com 1-866-557-1110 705-647-1110 0
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industriaL 12.98 Acres beside rail line with Town services. 3 large buildings 8,100 sq’ (2013), 4422 & 378 (Carport) sq’ (1980) 1408 & 792 (Carport) sq’ (1986). Englehart. MLS TM182801
industriaL CompLex Over 16,000 sq’ building on over 6 acres with 3 Hwy entrances. Owner occupied, plus 4 Tenants. Multiple uses include shop, retail, office, & more with room to expand. New Liskeard. MLS TM190047.
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6 units 4 Residential + 2 Commercial fully rented. Many recent updates including shingles & Retrofit. Great downtown New Liskeard Location. MLS TM181659
Hwy#11 CommerCiaL 93 Acres w/ Commercial Hwy entrance. 2 Homes, 70’ X 40’ & 40’ X 40’ Shops, Garage & more. Over 10 Acres of good solid gravel parking. W/ Agricultural/Commercial zoning there is a ton of potential. Near New Liskeard. MLS TM172580.
Large BuiLding Former Chicken Farm. 5,300 sq’ Barn w/ Office, 28’ X 60’ Shop, & 2 Smaller Barns. Tidy 4 Bdrm, 2 Bath House. Large Garden, nicely landscaped. 1.4 Acres. Just off Hwy 65 East between New Liskeard & Quebec. MLS TM172705
April 27–May 25, 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 THE BRICK REALTY LTD. BROKERAGE 4681 Ontario Ave., Niagara Falls, ON L2E 3R1 1.855.357.9700
Angelo D’Onofrio SALES REPRESENTATIVE
DIRECT
905.984.7950 | angelo-donofrio@coldwellbanker.ca
$1,395,000
$75,000
Located in downtown Niagara Falls Canada, the Seneca Queen Theatre is fully operational, offering live music, entertainment, and theatre. Over 10,000 sq. ft., 308 comfortable seats with a perfect view of the stage, and a fully licensed concession. Over 12 million tourists visit Niagara Falls annually. The owner is seeking new hands to provide investment and leadership to take the property to the next level. This is an outstanding opportunity for the right operator. For more details, call Angelo today!
Fully equipped and established, this Downtown Niagara Falls coffee shop business now available for sale. Be your own boss! Call Angelo today for all the details… visit the Queen Bean!
We S e l l N i ag a r a .c a
ALL BRICK BUILDING WITH CONCRETE FLOORS & STEEL FLOOR JOIST NIAGARA FALLS, NY - NEAR GRAND ISLAND BRIDGE
$549,900 Niagara Falls City on the rise! 10 units separate utilities. Separate 9 car garages off street parking. Steps to newly constructed LaSalle Waterfront Park & River View Trail. Picnic area w/ bike & walking paths lead right to State Park & Niagara Falls. 4 minute drive to Canadian border. Long term Tenants want to stay. Yearly income $55,800.
LAURIE BLAIND Sales Representative
Office: 905-430-6066 36
COMMERCIAL INVESTOR | Commercial Real Estate & Business Opportunities
April 27–May 25, 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 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
AMAZING INVESTMENT OPPORTUNITY
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.
April 27–May 25, 2019
TEAM
John Harber
Sales Representative
INVESTMENT HAMILTON
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. $2,998,000
Catherine Poirier Perry Poirier Broker
Sales Representative
LOCATION IS THE KEYWORD 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. $2,495,000 or leases starting as low as $2.00/sq. ft.
PLATINUM’S CLUB TEAM
EXCELLENT RETURN
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 flor 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 Real Estate & Business Opportunities | COMMERCIAL INVESTOR
37
businesssavvy
Five tips to
manage your cash flow
Cash is king – a common saying in the business world. But surprisingly, few entrepreneurs take steps to manage their cash flow so they don’t wind up with an empty bank account and nothing to pay the bills. “One of the main causes of business failure is poor cash flow management,” says Susan Rohac, VP, Growth and Transition Capital at the Business Development Bank of Canada (BDC). The good news is, cash flow management can be improved with a few simple steps. “Getting control over your cash flow helps you prepare for slow periods, plan your financing and have peace of mind,” Rohac says. Here are five steps to get a better handle on your cash flow.
1. Check your profitability
First, make sure your business is earning a reasonable profit. Even the greatest cash flow management won’t help if your fundamentals are out of whack. Analyze each product and service separately to see whether it’s pulling its weight. Make sure your products are appropriately priced, and work to eliminate inefficiencies. Instead of just chasing sales, chase profitable sales. Mike Whittaker’s company, Bonté Foods, learned the hard way after facing large cost overruns on two major projects. The deli meat maker in Dieppe, New Brunswick, a suburb of Moncton,
38
had to act quickly to restore his cash position. He analyzed his profitability and realized he had to raise prices to better reflect costs. Whittaker also unloaded lower-margin product lines and launched an efficiency drive while tightening cash-flow management. The changes had a huge impact, producing higher sales and profit margins. “We learned to watch our cash very carefully,” Whittaker says. “You need to always be ahead of the curve on cash-flow management.”
2. Do a cash-flow projection
Next, prepare a cash-flow projection for the coming year. This is your early-warning system for cash-flow hiccups. Use an Excel spreadsheet or accounting software to plug in expected monthly cash inflows and outflows, including anticipated bigticket purchases. Use the projection to anticipate slow periods and plan in advance what to do about them. “Through the year, check your actual cash position regularly—once a week or month— against your projection to see how you’re doing and deal promptly with any divergences,” says Rohac.
COMMERCIAL INVESTOR | Commercial Real Estate & Business Opportunities
3. Finance big buys instead of draining cash
One of the most common cash-flow mistakes is using cash to buy a major long-term asset, instead of getting financing. Even if you feel flush right now, you may suddenly wind up short of cash if you experience a sudden revenue shortfall or rapid growth. Use your cash-flow projection to plan your financing needs ahead of time, not in the midst of a crisis, when bankers may be wary to lend. Rohac also recommends matching the lifespan of a purchase with financing of similar duration.
4. Speed up cash inflows
Getting money into your business more quickly can save you carrying costs on your line of credit. Some tips: Send out invoices more quickly, ask customers to pay electronically and charge interest to slow-payers.
5. Raise cash quickly in a crunch
Facing an unexpected cash-flow crunch? You can raise cash quickly using various techniques: Approach your bank for help; check your inventory and assets to see what you can sell off, even at a discount; ask suppliers or your landlord for extra time to pay bills; or offer your customers a big discount to earn some quick sales. CI Source: bdc.ca
April 27–May 25, 2019
Business Investor
April 27–May 25, 2019
Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR
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Business Investor
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COMMERCIAL INVESTOR | Commercial Real Estate & Business Opportunities
April 27–May 25, 2019
H
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Mazhar Roshan Sales Representative
905.929.9800 647.609.9463 905.574.6400
BROKERAGE
GTA Direct Office
I have qualified buyers for up to $5M in commercial and investment buyers. Call for details.
NEBO ROAD - HAMILTON
RE DU CE
D
mazharroshan@sympatico.ca PRICE REDUCED - $599,000
HomeLife Professionals Realty Inc.
Direct
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.
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
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.
FOR LEASE
2000 Sq. Ft. on lower level for storage.
53 ACRES OF LAND
LE Very busy location close to QEW, Home Depot & all other commercial businesses. 400 Sq. Ft. retail space available. Good for office, storefront or any kind of business. TMI is roughly $8 PSF. Call LBO for viewing or more details.
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.
HAMILTON
RE DU
AS
ED
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.
BURLINGTON FOR LEASE
CE D
18 ACRES OF LAND
PIZZA STORE
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.
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
www.TeamMilovick.com
Invest in Ontario’s Number 1 Town Today!
Sales Representative jenn@teammilovick.com
Subscribe: Latest KWC Real Estate News: www.FaceBook.com/TeamMilovick 110 MADISON AVENUE SOUTH, KITCHENER
28 ELMSDALE DRIVE, KITCHENER
$
2,999,000
• $219,000+ Gross Annual Income Available Here! • Newer Stacked Townhouse Development • Beautifully landscaped • No deferred maintenance • Suite includes: 4 appliances, laundry, colonial series door/trim, laminate flooring • Close to all amenities • MLS®
$
2,999,000
• $186,000+ Gross Annual Income Available Here • Built in 2016, everything is new • Suite includes: 5 appliances, laundry & dishwasher, laminate flooring, soaker tub, A/C, • Close to all amenities • MLS®
251 HAZEL STREET, WATERLOO
$
1,199,000
• $68,000+ Gross Scheduled Income • Ten Student Duplex • Re-rented until at least end of August, 2020 • Steps to WLU main entrance - and WLU Business Building in the backyard! • Land play opportunity with high density NMU-12 zoning when combined with adjacent properties. • MLS®
$
599,900
42
$
1,300,000
$
739,900
• $38,500+ Gross Annual Income Available Here! • Entry Level Apartment Building • Two 2 bedroom units, Two bachelor units • Desirable Romseount/Heritage Park area • Oversized/divided double car garage • Shows clean with updates • MLS®
43 EUCLID AVENUE, WATERLOO
$
$
389,900
679,900
• $42,000+ Potential Gross! • Rental Licensed, Legal Triplex • Three Class A3 Rental Licences • Unbeatable Uptown Waterloo/Old Westmount Waterloo location! • Easy walk to two LRT Stations • Oversized detached double garage with Loft! • MLS®
304-8 HICKORY STREET WEST, WATERLOO
• $2239 Gross Monthly Income • Massive, 1400 SF, Three Bedroom UnitAvailable Here! • 5 Years Young! • Contemporary Finishings that Students Love • Steps to WLU, Easy walk to UW • MLS®
D L O S
• $96,000 Gross Annual Income Scheduled for September, 2019! • Three doors from main entrance to WLU and 15,000+ Students • Re-rented on Multi-Year Leases until at least August, 2020 • Roof (2016), Fridges and Stoves (2018) • All Units Painted in Past Two Years • Oversized Shed Ideal for Landlord Storage • Spacious units with In Suite Laundry • MLS®
109 BRUCE STREET, KITCHENER
45 HIGH STREET, WATERLOO
• $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®
249 HAZEL STREET, WATERLOO
604B-275 LARCH STREET, WATERLOO
$
289,900
D L SO
• Under construction. • Assignment opportunity. • One Bedrom Plus Den • $1350 Monthly Income • Two Year Developer Income Guarantee • Furniture Package Included • Across Street from WLU Business Building • Interim Occupancy Expected January, 2019 • MLS®
Colliers International Niagara Ltd.,
Real Estate Brokerage 82 Lake Street, Suite 200, St. Catharines, ON L2R 5X4 www.collierscanada.com 905-354-7413 70 NIagara street st. CatharINes
212 Burgar street, WeLLaNd
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
This unique property is being offered with a variety of uses. The zoning is Light Industrial, with a +/-1332 S.F. mechanic shop fronting on Burgar street, sitting on 2.6+ Acres of land. There is also access to the lot with frontage on Hagar St, and frontage to the railway on the East side of the property. Offered at $589,900 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
NeW PrICe
Accelerating success.
Global leadership in real estate solutions.
“Information contained herein has been obtained from the owners or from other sources deemed reliable. We have no reason to doubt its accuracy but regret we cannot guarantee it. All properties subject to change without notice.” 43
$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.
$425,000
11 ALABASTINE AVENUE, CALEDONIA
$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!
$800,000
219 ARGYLE STREET N, CALEDONIA
$625,000
1 ALABASTINE AVENUE, CALEDONIA
Caledonia Commercial-Industrial Garage/Shop, desired North end of town on 40’x 98’ serviced lot. 32’x 42’ Garage/Building w/2 car hoists, upgraded high eff. N/G furnace, updatd electrical, LED lighting, bathrm, concrete flr, & hydro service. Ample parking & Ideal street presence. Please DO NOT go direct to the property! Call Listing Agent for more Information.
2.25 acre Caledonia parcel, North end of town zoned ML (Light Industrial). Surrounded by commercial & Industrial buildings with 2 road frontages. Property has a res. home (4 beds, 1 bath) & res. duplex (both 2 beds, 1 bath) The best of both worlds – current cash flow & solid Investment. Please DO NOT GO DIRECT to the property! Call LA for more Info.
Prime Commercial Corner property w/current office/ house & detached 24’ x 32’ Garage in Caledonia’s thriving North end. Great curb appeal. Interior layout offers OC MF layout w/cubicles, kitchen, & office. Upper level allows for 2 addit. offices & 4 pc bath. Please DO NOT go direct to the property! Call LA for more Information.
$699,000
$1,100,000
$599,000
847 #24 HIGHWAY, CHARLOTTEVILLE
Beautiful 4.17 ac multi-purpose country property incl updated 2-storey home w/det garage+ automotive business. OC kitch/DR, living rm, sunrm, bedrm + 4-pc bath. UL-3 bedrms, poss lounge area + 5-pc bath. Basement sports fam rm+ 4th bedrm. Profitable automotive business incl 2000 sf shop + equip.
44
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
CAYUGA
COMMERCIAL SPACE FOR LEASE Kitchener Sixplex $919,900 Exclusive Listing.
Oxford County Fiveplex $631,900 Exclusive Listing.
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.
Wanted: Muti-unit Res Building, plazas and development land.
Denise Postma Sales Representative Remax Riverside Realty 310 Queen Street Dunnville, ON N1A 1H9
nick tsimpragos
Broker
519-729-8493
3 spacious units for lease in the prosperous town of Cayuga. Close to Lake Erie, Port Dover, two busy race tracks - great potential here! Unit A is 850sq ft for $1500/month, Unit B is 850sq ft for $1500/month and Unit C is 2000 sq ft for $2000 a month. Each is available for rent separately, or rent all three! Utilities are included. Common area at the back offers lunch room & washrooms. Potential for even more space for interested tenants.Loading dock available at the rear of the building. Bright store front windows, new forced air n/gas furnace & central air. Located in old downtown Cayuga where the streets have been renewed but the old charm remains. Bring your business to this flourishing small town.
Wolle Realty
Ph: 905-774-4444 Cell: 905-961-6171 denise@riversiderealty.ca | www.denisepostma.ca 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
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
1917_DJW_4_0001 UNITS 420&421 TOGETHER PRESTIGE EXECUTIVE OFFICES
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
ICE
415 #6 HWY S HAGERSVILLE
1917_DJW_4_0001
88 8,8 19 $60 M 20 FAR
PR
4080 SQ.FT. / 2 UNITS. OFFERED AT ONLY $ 1,100,000.00 4080 sq.ft. (2 Units Open Concept Joined) Both Units selling together with excellent Lease Income Approx. 8% Cap Rate.
Exclusive Listing. Buy and hold investment opportunity. Fantastic agricultural property consisting of 30+ acres with two out buildings that can be used for multiple storage. Property has a possible severable lot, with possibility for commercial zoning as well. Home is being sold “AS IS. Vendor will consider V.T.B. mortgage.
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
You’re a hard-working professional, that dreams of owning a portfolio of multi-residential or commercial units without the hassles of
real estate management.
I N V E S T W I S E LY A N D PA S S I V E LY I N D I S T R I C T R E I T Let our experienced real estate team manage and grow your investment.
1.833.308.REIT
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.