Feb. 2–Mar. 2, 2019, Volume 19 Issue 2
INCORPORATING FRANCHISE AND BUSINESS OPPORTUNITIES Full Coverage Area Including Windsor, Hamilton, Toronto, Niagara Falls, Kingston and Ottawa! LARGE AND SMALL APARTMENT BUILDINGS WANTED D TE AN W
D E T N A W
W AN TE D
JUST LISTED
FOR SALE
FULLY LEASED INDUSTRIAL BUILDING
SALE FOR
Mississauga, ON DIXIE & 401
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
2.5 ACRES APROX 69,000 SQ.FT. ASKING PRICE - $9,900,000 JDF REALTY OFFICE:
Vito Simone Salesperson 416-816-9428 vito@vitosimone.ca
• INDUSTRIAL/MANUFACTURING • A CLASS SINGLE TENANT IN PLACE • APROX 24FT CLEAR HEIGHT • NEWER ROOF
418 IroquoIs shore road, unIts 18-19, oakvIlle
Global Brokers Internet Advertising
• Brand new office & retail development known as the IQ Centre. • Two units totaling 4,160 SF. Units can be split. (2,080 SF each) • Close to many amenities & transit. • Asking $27.50 net. • Estimated T & O $13.00 PSF. • Possession May 1, 2019
4 -4 8 7 5 21 6
75% EXCLUSIVE Real Estate Opportunities NATIONAL REAL ESTATE INFORMATION LISTING SERVICE
www.nreils.com
Free to Search Everyone can search within 5 seconds
41
ICIWorld.com iciworld.mobi All Mobile Devices Install The ICIWorld App
FREE SUBSCRIPTION!
ContaCt: MIChael babbIe, sales representative mbabbie@cbci.ca | D 289 725 5088 | C 647 272 5899 MIChael sChuler, senior vice President & Partner mschuler@cbci.ca | D 289 291 5067 | C 416 274 7467
Get The Commercial Investor delivered directly to your door! See inside for details
APPROVED 30 STOREY RESIDENTIAL DEVELOPMENT SITE
71 Rebecca Street is located at the northwest corner of Rebecca Street and Catharine Street North. Its unique appeal was designed with modern, sustainable vision and will serve as a distinct visual presence in the bustling Hamilton downtown urban core. Positioned adjacent to the new state of the art Police Forensics Centre (currently under construction) and fronting the soon to be built 2-acre urban city park called John-Rebecca Street Park (completion to be 2019). The 30 storey building of 71 Rebecca Street will feature 313 residential units, outdoor rooftop terraces, health and wellness amenity areas (as per Site Plan), 13,000 sq. ft. of commercial retail/office space and 205 parking spaces. The connectivity of the site to the surrounding amenities, the Go Train and the soon to be built Light Rail Transit System is unmatched.
PRESTIGE OFFICE SPACE – STONEY CREEK 163 CENTENIAL PKWY
BRAND NEW RETAIL SITES
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.
FUTURE DEVELOPMENT LAND
FOR LEASE 2nd and 3rd floor office space available in a newly refreshed office building on Centennial Parkway. 12,500 sq ft available in total that can be divided into smaller spaces. High traffic site along Stoney Creek’s busy commercial corridor. Lots of parking. Building recently redone with new outside façade, and high end finishes inside. Asking $15 per sq ft plus $12 per sq ft TMI.
FOR SALE
COMMERCIAL RETAIL DEVELOPMENT LAND – RETAIL DEVELOPMENT SITE AVAILABLE, 12.7 ACRES, ZONED C6, LOCATED ON A HARD SIGNALIZED CORNER, GREAT FOR GAS, CONVENIENCE, HOTEL, RETAIL PLAZA. LOCATED SOUTH OF HAMILTON IN UPCOMING COMMUNITY NEAR HAMILTON AIRPORT. ASKING $10.5 MILLION.
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! 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.
CENTREVILLE COMMERCIAL UNITS – BEAMSVILLE
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
FOR SALE
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.
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
FULLY LEASED COMMERCIAL ASSET
Kitchener, Ontario
+ 28,309 Sq. Ft. fully leased property + Well positioned, with quick highway access in Kitchener + Close proximity to numerous amenities.
+ + + +
Mitchell Blaine* 519 340 2309 mitchell.blaine@cbre.com
Mel De Oliveira**CCIM 519 340 2311 mel.deoliveira@cbre.com
SUPERIOR RETAIL INVESTMENT London, Ontario + + + +
Brook Handysides* 519 946 3030 brook.handysides@cbre.com
TOWNHOUSE DEVELOPMENT SITE Wellesley, Ontario
London 380 Wellington Street, Suite 30 N6A 5B5 T 519 673 6444 F 519 673 6948
+ + + +
±8,020 Sq. Ft. ±0.49 acres M-3 Zoning Asking $1,699,000
Todd Cooney** 519 340 2315 todd.cooney@cbre.com
117,242 Sq. Ft. | 7.076 acres 100% occupied Sale leaseback with long-term commitment Asking: $9,100,000
Brad Collins* 519 946 3034 brad.collins@cbre.com
RESIDENTIAL DEVELOPMENT LAND London, Ontario + 1.09 acre site for sale + Proposed 18 storey, 246 unit building + Located in London’s SoHo Neighbourhood at the gateway to downtown
Michael Black* 519 340 2313 michael.black@cbre.com
+ ±38.5 acre development site in the urban boundary + Located off Hwy 8 & a 10 min drive east to Stratford + Numerous grocery, restaurants, shops and other amenities nearby
Martin Cote* 519 340 2317 martin.cote@cbre.com
+ + + +
Brook Handysides* 519 946 3030 brook.handysides@cbre.com
SUBDIVISION DEVELOPMENT SITE Sebringville, Ontario
+ ±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
± 14,417 sq.ft. | ± 2.0 acres Projected Net Income is $158,000. M-2 Zoning allows for many industrial uses Asking $2,750,000
FREE STANDING COMMERCIAL BUILDING Kitchener, Ontario
Irreplaceable location along Wellington Road 3.279 Acres with land leased to Best Buy Shadow anchored by White Oaks Mall Stable income with quality tenant
Kevin MacDougall** 519 286 2013 kevin.macdougall@cbre.com
FIRST CLASS INDUSTRIAL INVESTMENT Tecumseh, Ontario
FULLY LEASED INDUSTRIAL PROPERTY
Kitchener, Ontario
Joe Benninger* CCIM 519 340 2323 joe.benninger@cbre.com
Waterloo Region 72 Victoria Street S., Suite 200 N2G 4Y9 T 519 744 4900 F 519 571 9315
Kevin MacDougall** 519 286 2013 kevin.macdougall@cbre.com
TRUCK/TRAILER FABRICATION INVESTMENT Guelph, Ontario + ±28,365 sq. ft. Building total + ±26,245 sq. ft. Industrial + ±2,120 sq. ft. Office
Michael Black* 519 340 2313 michael.black@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
SOUTHWESTERN ONTARIO COMMERCIAL OPPORTUNITIES
INDUSTRIAL
DEVELOPMENT
INDUSTRIAL
RETIREMENT HOME
420 Newbold St
1269 Hyde Park Rd
1312 Plank Rd
39232 Fingal Line
London, ON
Prime industrial building on 1.46 acres located within Westminster Park in South London 20,000 SF with 50 parking spaces One grade level door, two truck level loading docks
London, ON
2 acres of development land (subject to severence) Excellent location in North West London RSC 1, 3, 5 Zoning Traffic count: approx 30,000 cars/day
St. Thomas, ON
Sarnia, ON
Light industrial building fully leased to long term tenant The property is 5.649 acres and has a 14,000 SF building with room for expansion
ASKING PRICE: $1,295,000
ASKING PRICE: $1,900,000
ASKING PRICE: $1,499,000
Jameson Lake * 519.438.8548 jameson.lake@cushwakeswo.com
Gary Pollock** 519.941.2174 gary.pollock@cushwakeswo.com
Kenn Poore ** 519.438.5588 x 224 kenn.poore@cushwakeswo.com
ASKING PRICE: Contact Listing Agent Tyler Desjardine * 519.438.5403 tyler.desjardine@cushwakeswo.com
MULTI UNIT INVESTMENT
1576 Richmond St London, ON
324 Wolfe St London, ON
95 unit, up to 110 bed Seniors Retirement Home 82,645 SF on 6.32 acre property Located 5kms from St. Thomas, 30 kms from London
INDUSTRIAL
141 Wortley Rd London, ON
109 7 th Concession Rd ENR Clear Creek, ON
Multi-unit commercial building Located in the perfect setting 12 unit (58 Bedroom) student in the heart of Wortley Village of Richmond Row and Victoria condo development 6 office/retail units plus 3rd Park Gross operating income: floor 1 bedroom + den apart 8 units total / 2 studio apart$501,000 ment ments / 6 one bedroom apart Total Expenses: $169,382 BDC Zoning ments (includes management, leasing expenses) Net operating income: $78,000 Net operating income: $81,000 Net operating income: $331,618 ASKING PRICE: $1,795,000 ASKING PRICE: $1,625,000 ASKING PRICE: $6,750,000
For more information: Please contact Brent Rudell or Andrew Johnson
Brent Rudell *** 519.438.5608 brent.rudell@cushwakeswo.com
519.438.5588
www.cushwakeswo.com Real Estate Brokerage, Independently Owned and Operated A Member of the Cushman & Wakefield Alliance
4
Andrew Johnson* 519.438.8639 andrew.johnson@cushwakeswo.com
Excellent location in Norfolk County Approximately 5,100 SF of newly built warehouse 0.897 acres of land Metal Frame & Metal Clad building Sold under Power of Sale
ASKING PRICE: Best Offer David Jongerden* 519.438.9125 david.jongerden@cushwakeswo.com
CUSHMAN & WAKEFIELD
Southwestern Ontario
620-A Richmond St., 2nd Floor, Box 19 London, Ontario N6A 5J9
* Sales Representative **Broker *** Broker of Record
NORTH YORK
EX C LA ESS ND
T EN LL CE SIDE X E UP
•
• •
•
This Property is Being Offered to the Market in a Bid Submission Process Information Package to be Provided upon Request Located in North York close to Transit, Schools, York University, Shopping etc. Recent Improvements to Bricks, Balconies, U/G Parking, New Boilers and HWT Tanks, New Roof (2018) and Common Areas
• 3 x Bachelor 42 x One Bedrooms 79 x Two Bedrooms 13 x Three Bedrooms • Excellent Upside in Rents • Excess Land on South Side of Property • Additional Income from Rooftop Cell Towers and Enercare Submetering • Ex. 1st Mtg of approx. $6,826,438 @ 3.01% to be Assumed
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
RE A OF T VI TO EWS WN
• 3 x Two Bedrooms
• Asking $208,333 per Suite • Property Currently Sound with Balcony Views overlooking the Town • Excellent Construction
Achieves Higher than Market Rents • Good Tenant Profile • Well Designed, Spacious Suites
with Energy Efficient Equipment and Insulation
• Easy to Manage Property • Parking for 5 Cars plus
• Tenants Pay Own Hydro & Heating (Electric Baseboards and Heat Recovery Ventilation)
Storage Shed at Rear of Property • Treat Financing as Clear
3 Suites
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
• New Balcony Railings in 2018 • Tenants pay their own Hydro • Treat Financing as Clear
20 Suites
PARRY SOUND G
• Located in Beautiful Parry
• 10 x One Bedrooms
Hamilton
• Other improvements
137 Suites
• Asking $625,000
TR E CL AT A EA S R
domestic water
T UIL MB TO 013 S CU IN 2
OAKVILLE
HAMILTON
LE AB IX SIR M DE UITE S
• This Property is being Offered to the Market in a Bid Submission Process • Contact Skyview Realty for Financial Information on this Property • Tenants Pay Their Own Hydro with Individual Meters • Property includes a Single House on Site (Curently the Super’s REsidence)
TR E CL AT A EA S R
• Asking $1,280,000 • Asking $128,000 per Suite • Located in Residential Neighborhood close to the Falls and Tourism Area • Many Recent Improvements including Complete Electrical Updating, Common Area Improvements, and Suite Renovations
• 2 x Bachelor 8 x Two Bedrooms • Significant Unused Space in Basement Potential Development • Potential Upside in Rents on Turnover • Large Bedrooms in All Two Bedroom Units • Treat Financing as Clear
10 Suites
• 18 x Two Bedrooms 12 x Three Bedrooms 1 x House • Located in South Oakville close to All Amenities • Significant Rental Upside • Potential Turnover • Ex. 1st Mortgage for approx. $3,108,000 at 2.18% and due June 202 to be Assumed
30 Suites + 1 House
NIAGARA FALLS
NT CE TS RE EN NY VEM A M PRO IM
G LO REA CA T TIO N
HAMILTON N TO MIL IN! HA UNTA O M
RE
NO UN VATE ITS D
• Asking $1,465,000 • Asking $162,778 per Suite • Roof Replaced in 2016 • Concrete Block Construction • Upside in Rent on Unit Turnover • Knowledgeable Superintendent
• 1 x Bachelor 1 x One Bedrooms 7 x Two Bedrooms • High Demand Rental Location • Tenants Pay Their Own Hydro • 4.0% CAP Rate • 6.9% R.O.I. • Treat Financing as Clear
9 Suites
5
8 MAIN ST. E. HAMILTON
QEW & CENTENNIAL PARKWAY 45 GODERICH
OFFICE SPACE
Close to the Court House, City Hall and McMaster. Available immediately. Downtown office space from 678 - 1285 sq. ft. From $13.50 per sq. ft. gross
OFFICE SPACE
FORMERLY USED FOR DOCTOR’S OFFICES 1488 sq. ft. - 1955 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
Michael Schuler, SIOR Senior Vice President & Partner mschuler@cbci.ca | 289.291.5067
Mike Babbie,
Sales Representative mbabbie@cbci.ca | 289.725.5088
IntegrIty real estate
418 Iroquois Shore Road, units 18-19, Oakville • Brand new office & retail development known as the IQ Centre. • Two units totaling 4,160 SF. Units can be split. (2,080 SF each) • Close to many amenities & transit. • Asking $27.50 net. • Estimated T & O $13.00 PSF. • Possession May 1, 2019
CBCWorldwide.com 6
Coldwell Banker Commercial Integrity does not represent, warrant or guarantee the accuracy, correctness and completeness of the information herein.
$1,400,000
466 FINKLE ST, WOODSTOCK
• Apply For Permits and Build in Woodstock! • 18 unit residential fully serviced, condo development site • Steps to new hospital and Fanshawe College Woodstock Campus • Site Plan approved with floor plans, geotech and all studies • MLS • Call Ryan Briggs
$1,095,000
193 WATER ST S, CAMBRIDGE
• 4.84 acres of natural open space land • Currently zoned OS1 • Close to the Grand River and Churchill Park • Pre-Consultation document proposing low to medium density residential with between 40 - 48 units is available • MLS • Call Duncan McLean
$599,900
1257 KING ST E, CAMBRIDGE
• Rare 0.237 acre multi-family residential • Underground parking design fits topography development land in Preston • Convenient location for transit, shopping, park & hospital • Potential for 7 to 22 units • MLS • Call Duncan McLean
$25-$40/SF
255 NORTHFIELD DR, WATERLOO
#3 - 35 CHERRY BLOSSOM RD, CAMBRIDGE
$249,900
• 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
1120 VICTORIA ST N, KITCHENER
$15/SF
$27/SF
WANTED APARTMENT BUILDINGS IN SOUTHWESTERN ONTARIO
• 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
• 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
RYAN BRIGGS
519-741-6594
Neil@cmarealty.ca
DUNCAN MCLEAN
Sales Representative
Broker of Record CELL:
• 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 • Currently generating income which could be maintained while development possibilities are explored and permits applied for • MLS and Exclusive • Call Duncan McLean
• 2,622sf retail/office unit for lease • Join tenants the Beer Store, Casey’s Bar & Grill, Subway, Holy Guacamole and many more • 600sf Office on second floor also available, ideal for personal service or medical • CAM for 2018 is $9.00/sf • MLS • Call Duncan McLean
NEIL KOEBEL
519.578.0337
$ 1,590,000
• 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 many uses • Complex will include 250 residential units • 15 minute walk to future Light Rail Transit route • Great location with convenient access to expressway, shopping, restaurants & public transit • Exclusive • Call Duncan McLean #106-191 KING ST S, WATERLOO
KITCHENER, ONTARIO
10-14 PRINCESS ST E, WATERLOO
CELL:
519.498.5775
Ryan@cmarealty.ca
Sales Representative CELL:
519.590.7997
Duncan@cmarealty.ca 7
Land Exchange Ltd. Brokerage Independently Owned and Operated 262 Josephine St., Wingham www.remaxlandexchange.ca Office: 519-357-3332
RENATE SIEBER-SCHLEGEL Broker of Record
Cell:
519.531.1177
FO
R
SA
LE
INDUSTRIAL BUILDING LOTS LOT 11-1 Farrell Drive Bruce Energy Centre, Kincardine N0G 2T0 7.31 Acres Price: $2,777,800 LOT 6-1 Farrell Drive Bruce Energy Centre, Kincardine N0G 2T0 9.07 acres Price: $2,721,000 LOT 2-1 Farrell Drive Bruce Energy Centre, Kincardine N0G 2T0 8.81 acres Price: $3,347,800
DESIGN BUILD BUSINESS COMBINATION Office / Industrial / Warehouse Complex for long term lease available 103 FARRELL DRIVE BRUCE ENERGY CENTRE, KINCARDINE N0G 2T0
$7,950,000 FO
R
SA
LE
11.47 acres of commercial redevelopment land in the Bruce Energy Center, Kincardine. Conveniently located 2.5 km to the access gates to Bruce Power. Currently 5 buildings totalling 41,000 sf, power – 8000 amp substation, municipal sewers and industrial water. This property is available for immediate possession.
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.
Featuring the Best Selection of Industrial, Commercial and Investment Opportunities
INDEX Kitchener, Waterloo & Guelph ................. 11 Southwestern Ontario ............................ 20 Hamilton ........................................... 22 Greater Toronto Area ............................. 27 Central Ontario .................................... 34 Eastern Ontario ................................... 38 Niagara ............................................. 42 Business Investors ............................... 46
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Featuring the Best Selection of Industrial, Commercial and Investment Opportunities
Special Features 18 buSineSS Savvy – How to protect your business from directory fraud 26 inveStment – investment intentions among Canadian entrepreneurs 30 in tHe neWS – toronto building awarded bOma platinum certification 32 ReaL eState – avison young 2019 commercial real estate forecast 35 in tHe neWS – Federal government helps fund first net-zero energy highrise 36 buSineSS Savvy – Should you buy or rent your commercial space? 40 RetaiL maRKet – Colliers national 2019 retail market outlook 44 in tHe neWS – iWG shared office space opens new locations in Gta, Kitchener, barrie
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Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
SECTION COVERING: Cambridge Durham Elora
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KITCHENER, WATERLOO & GUELPH
KITCHENER, WATERLOO & GUELPH
Kitchener/Waterloo Guelph & Cambridge BROO CO KM BM UE IL RD C II N AG L C IN OV NESSUTLO TR ANTS
PROTECTING YOUR INVESTMENT
E L E VAT O R M A C H I N E RY G U A R D S & R O O F T O P A C C E S S SAFE ROOFTOP ACCESS to ELEVATOR MACHINERY ROOMS Building owners are responsible to provide safe roof access to elevator penthouse rooms. This often occurs when the access to an elevator penthouse is accessible only by way of an exit stairwell that penetrates the main roof. In many cases the travel distance is excessive. The Ontario Regulation 209/01, (Elevating Devices), Section 37 “Every owner of an elevating device shall ensure that: (a) there is unobstructed access to and egress from the elevating device; (b) there is safe and unobstructed access to the machinery space, including the electrical equipment, f the elevating device regardless of weather conditions; CAN3-B44-M85 Safety Code for Elevators “If the roof top does not have a 1070mm high parapet around the access way a ‘substantial walkway not less than 600mm wide equipped with a standard railing 1070mm
high is required.
Good-Roof Parapet 1070mm ht.
Good- Roof Access Walkway
Elevator Machinery Equipment Guards The Ontario Heath and Safety Act (OHSA), Ontario Regulation 851,(O.Reg 851) Sections 24, 25, 75 and 76 outline the Regulations for Industrial Establishments. Elevators in commercial, institutional, recreational and other building occupancies would be considered “Industrial Establishments” for purpose of the act. Notes:
1. There are no “GrandFathering exemptions.” 2. The compliance for Sections 24 and 25 of O.Reg. 851 exist now.
C O N S U LT I N G E N G I N E E R S Building Inspection Cost Consultants
12
3. Failure of comply with the OHSA and its Regulations or and order to comply by the Ministry of Labour may result in fines convictions up to $500,000 per offense. We recommend that you check check with the authorities having jurisdiction for all of the prevailing requirements with respect to elevator safety and have professionals implement remedial measures.
COMMERCIAL INVESTOR | Commercial Real Estate & Business Opportunities
UNPROTECTED
PROTECTED
PROTECTED www.BrookBC.com 905-385-4496 1-888-343-3023
February 2–March 2, 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®
2,999,000
$
739,900
$
449,900
S
• $30,000 of scheduled income available here (with tenants covering utilities)! • Student investment features positive cash flow positive with just 20% down. • Leases in place until at least end of April, 2019! • City-Approved Rental Licensed Property has a rare Class D2 (five bedroom) rental license! • MLS®
February 2–March 2, 2019
729,000
45 HIGH STREET, WATERLOO
$
• This triplex has three Class A3 rental licenses - providing for up to nine legal rental bedrooms • Separate electrical meters • Double car garage • Close to universities • MLS®
$
389,900
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®
599,900
• $50,000+ Gross Annual Income • Multiyear Leases Until At Least August, 2019 • Positive Cash Flow With Just 20% Down • Single Detached Garage • Main Floor Unit Completed Updated • City Approved Rental Licensed Operation • Desirable 5+3 Bedroom Lay Out • Easy Walk To Uw And Wl • MLS®
304-8 HICKORY STREET WEST, WATERLOO
114 MARSHALL STREET, WATERLOO
D L O
1,275,000
• $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®
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®
$
• $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®
109 BRUCE STREET, KITCHENER
249 HAZEL STREET, WATERLOO
299,900
• 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
13
Kitchener/Waterloo Guelph & Cambridge
519.742.7000 www.coupalmarkou.com
SALE
69-73 dicKSon Street, cambridge
• Historic Brick, mixed use building across from City Hall in Downtown Galt • Rare investment opportunity for investor or owner/user • 3,328 sq ft • $730,000
SALE
MLS
529-533 exmouth Street, Sarnia
MLS
1250 FiScher hallman road, Kitchener
• High density development site at the intersection of Fischer Hallman & Bleams Road • Located next to grocery anchored plaza • 1.97 acres • $5,900,000
MLS
MLS
SALE
197-199 dundaS Street, london
• 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 • $1,100,000 MLS
534 QueenS avenue, london
SALE
• Downtown Office Investment Opportunity • Excellent opportunity for a user to occupy 12,000 sf and enjoy revenue from a government tenant • 20,194 sq ft on 0.228 acres • $2,900,000 MLS
SALE
1193 QueenS buSh road, WelleSley
SALE
• Great opportunity for the restaurateur • Fully equipped restaurant in excellent condition • Great signage, visibility and parking • 4,560 sq ft on 0.61 acres • $895,000
• Fully leased commercial investment opportunity • 50% occupied by Service Ontario • 15,360 sq ft on 0.927 acres • $2,000,000
SALE
1113 Sutton Street, KinKardine
SALE
417 exeter road, london
• Historic mansion with purpose built additions • Single tenant investment property, leased to Canadian Mental Health Association, Middlesex • 19,000 sq ft on 0.582 acres • $3,200,000
MLS
SALE
• 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
14
COMMERCIAL INVESTOR | Commercial Real Estate & Business Opportunities
February 2–March 2, 2019
Kitchener/Waterloo Guelph & Cambridge
519.742.7000 www.coupalmarkou.com
LEASE
1113 sUTTon sTreeT, KinKarDine
LEASE
eR D n U ct A R nt co
• Great opportunity for the restaurateur • Fully equipped restaurant in excellent condition • Great signage, visibility and parking • 4,560 sq ft • $14.00 / sq ft Net
49 QUeen sTreeT easT, camBriDge
• 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
mls
LEASE
231 shearson crescenT, camBriDge
LEASE
• 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
• 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
• 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
sTreeT soUTh, LEASE #8a – 250 DUnDas camBriDge
LEASE
• 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
• 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
EXClUsIVE
mls
25 inDUsTrial Drive, elmira
mls
379 QUeen sTreeT soUTh, KiTchener
mls
LEASE
King sTreeT wesT, KiTchener
• 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
3-347 erB sTreeT wesT, waTerloo
• 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
February 2–March 2, 2019
Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR
15
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 SF · $1,199/Month · MLS: 30664627 · BROKERAGE R E PETER TA I L /BENNINGER O F F I C E REALTY,532 WATERLOO · Finished 2nd floor office. 3 508 RIVERBEND DRIVE, KITCHENER, ON. large windows. High traffic intersection. F O RPHONE: S A L519-743-5211 E/LEASE 24/7 electronic reader board. Colin Vogel* 2,006 SF · $35.00/SF NET · EXCLUSIVE WATERLOO · Turn-Key spa with liquor license. Located in the heart of the University District. Main floor of “The Hub” Lester Tobin*
793 SF · $22.00/SF · MLS:30656762 WATERLOO · Turn-key doctors office, chiropractor, RMT’s office in retail plaza with ample on-site free drive-up parking. High traffic location. Lester Tobin*
1,162 SF - 1,779 SF · From $22.00/SF · MLS: 30635440 · BRESLAU · New Retail Development in a growing, under-serviced drive-thru available.
James Boudreau**/ Gary Boudreau*
I N D U S T R I A L / WA R E H O U S E FOR LEASE/SALE
3,961 SF · $28.00/SF · MLS: 30637876 · KITCHENER · Freestanding building w/high exposure & high traffic. Ample on-site drive up INDUSTRIAL/OFFICE FOR LEASE · BRIGHT, ON. Lester Tobin* MLS:30707996 · 5,250 SF · $5.25/SF parking. Located minutes from Hwy #401. 400 amp, 16’ Lester Tobin* 523 SF · $39.00/SF · MLS: 30662378 · ceilings. One 18’ x 14’ drive door. Outdoor WATERLOO New retail unit with patio. storage. Lester Tobin* 3,165 SF · $11.00/SF · WATERLOO Located in the heart of the University District. Lester Tobin* INDUSTRIAL/OFFICE FOR LEASE · BRIGHT, ON. MLS: 30653390 · Bright second floor space. MLS:30708000 · 6,612 SF · $5.25/SF Abundant on site parking High traffic @ King and Columbia. John Hoffman* 3,000 SF · $28.00/SF · MLS: 30637864 Located minutes from Hwy #401. 600 amp, 17’ KITCHENER · Freestanding pad site with ceilings, 3 cranes, 1—dock, 2 drive-in doors. drive-thru. Ample on-site drive up parking. Outdoor storage. Lester Tobin* 2,762 SF · $499,000 · MLS:30699353 Lester Tobin* KITCHENER · Investment or Owner/User Property. Fully rented on a Month to Month FLEX-INDUSTRIAL SPACE FOR LEASE KITCHENER basis. On-Site Parking. Lester Tobin* 3,000 SF · $650,000 · MLS: 30703319 MLS:30660801 · 9,253 SF · $6.50/SF KITCHENER · Unique opportunity to own a MLS:30661466 · 6,168 SF · $4.50/SF 1,100 SF · $1,975/Month · MLS: mixed use Commercial/Residential building MLS:30661473 · 2,145 SF · $8.00/SF · Turn-key 30673625 · WATERLOO · Quiet, peaceful steps from Downtown Kitchener! Call for flex, industrial building w/built out Chris Kolednik** office unit. Located in the trees. Walking more info. office+warehouse/lab. Steve Gerakopulos* distance to Uptown shopping area. Onsite 2,332 SF · $20.00/SF · MLS: 30637835 parking. Lots of windows and sky lights. 18,000 SF · 4.2 Ac. $13.99/SF · Lester Tobin* KITCHENER · Last unit available in new MLS:30679183 · CAMBRIDGE · Well retail plaza. High exposure - High traffic. Onlocated Truck Yard w/Cross Docking & Storage. site drive up parking. Lester Tobin* 1,950 SF · $36.00/SF · MLS: 30674561 Feet from hwy# 24 exit-Cambridge. Turnkey WATERLOO · New fully finished commercial truck yard with parking cross docking and 1,071 SF · $12.500/SF · MLS: 30657336 warehousing. Steve Gerakopulos* in clinic and pharmacy. Many other uses per- KITCHENER · Medical Office, well maintained 2,792 SF · $21.00/SF · MLS:30703174 KITCHENER · Newly constructed retail plaza with high exposure and traffic. Centrally located near highschool, sportsplex,
Grand River Hospitals. heart of Waterloo's University District. Over and James Boudreau**/Gary Boudreau* 1,500 new students coming in to immediate area in 2018. All equipment could be included. 8 parking spaces. Lester Tobin* 3,058 SF · $18.00/SF · MLS: 30584437 WATERLOO · Beautifully finished office. 5,800 SF · $685,000 · MLS: 30599428 · AYR Centrally located to K-W and GUELPH. Large Located at the gateway to Urban Ayr. Ideal for wrap around windows. Mix of private offices/ Colin Vogel* office, vet., or place of worship. meeting rooms & open space.
11,000 SF on +1,859 SF Bungalow House · $850,000 MLS: 30701902 · 117 East Road · Lions Head, ON. Many uses permitted. Possible medical marijuana grow op. Youtube: Property Address for Marketing Video. Eric Frey*
30,000 SF · 6.82 Acres · $1,299,000 · MLS: 30702941 · 607 Little Pike Bay Rd. Lions 2,500 SF · $14.00/SF · MLS: 30634186 · Head, ON. Previous use was manufacturing. High Ceilings. Google www.coldwellbankercommercial.ca * Sales Representative 32,000 SF · $16.95/SF · MLS: 30689959 · CAMBRIDGE ·Space offers a perfect spot for High Power Available. Address for Marketing Video. Eric Frey* WATERLOO · Well located AAA Office Space. any business that needs Office and Warehouse Email : Commercial@coldwellbankerpbr.com ** Broker ** Broker Divisible to approx. 8,000 SF. space. Ideal for HVAC, Water Softener and James Boudreau**/Gary Boudreau* Cellphone Shop Uses. Chris Kolednik** Colin Vogel*
www.coldwellbankercommercial.ca www.coldwellbankercommercial.ca Email : Broker ****Broker Email :Commercial@coldwellbankerpbr.com Commercial@coldwellbankerpbr.com 16
COMMERCIAL INVESTOR | Commercial Real Estate & Business Opportunities
SalesRepresentative Representative ** Sales Broker ****Broker February 2–March 2, 2019
Kitchener/Waterloo Guelph & Cambridge
COLDWELL COLDWELLBANKER BANKERCOMMERCIAL COMMERCIAL PETER PETERBENNINGER BENNINGERREALTY, REALTY, BROKERAGE BROKERAGE 508RIVERBEND RIVERBENDDRIVE, DRIVE,KITCHENER, KITCHENER, ON. ON. 508 PHONE: 519-743-5211 PHONE: 519-743-5211 COLDWELL BANKER COMMERCIAL 0.80 Ac. · MLS: 30686210 · $990,000 · BROKERAGE I NPETER V E SBENNINGER T M E N T REALTY,CLARINGTON · Corner lot located on HWY #2
508 RIVERBEND DRIVE, KITCHENER, ON. between Courtice & Bowmanville. Zone F O R 519-743-5211 SALE PHONE: change required (C4) Call for list of potential uses.
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* INVESTMENT PROPERTY | BROCKVILLE, ON. 140,000 SF on 27.4 Ac.·$13,900,000 · MLS: 30707132 Fantastic Investment Opportunity with existing income. Event center w/accommodations, weddings/events/retreats conferences/medical/rehab Onsite church, full gym, soccer field. John Hoffman*
Lester Tobin*
MULTI-FAMILY INVESTMENT +LAND FOR SALE 18,000 SF Existing Building · $3,988,000 · KITCHENER · MLS:30689005 · Fully Rented and Renovated 20- Unit Building. Excess Land Building Permit Ready for 18 Stacked Townhouse Units. Marketing Package and Development. Call for details. Development Materials Available. Eric Frey* Colin Vogel*/Peter Benninger**
+/- 107.50 acres combined · Exclusive· “Buy and Hold” land opportunity available. Located immediately adjacent to the City of Waterloo Boundary within the Township of Woolwich. Future
HIGH DENSITY MIXED USE DEVELOPMENT KITCHENER · 3.25 Ac · $4,250,000 · EXCLUSIVE Frontage on 2 major Streets at the gateway to downtown KITCHENER Excellent access to Hwy 401 via Hwy 8 Directly on proposed light rail transit route. RETAIL/REDEVELOPMENT SITE FOR SALE Peter Benninger**/Colin Vogel* KITCHENER · 1,586 SF/0.12 Acres · $899,000 MLS: 30616343 Unique High Profile Location. Corner Lot beside farmers market. Great BUSINESS FOR SALE redevelopment site, parking lot, etc. Lester Tobin*
LAND FOR SALE
2,456 SF · $269,000 · MLS: 30665548 KITCHENER Successful business. Great Franchise. Business Only. Gary Boudreau*
RESTAURANT/PUB BILLIARDS OFF TRACK BETTING 4,950 SF · $650,000 · MLS: OUTDOOR STORAGE/LAND FOR LEASE 30686159 · KITCHENER · Well established BRIGHT, ON. MLS:30708007 · 1/2 Acre · Pub/Billiards/Restaurant w/liquor license for $2,000/ Month · Located minutes from Hwy 150. High sales, High income. Lester Tobin* #401. 600 amp, 17’ ceilings, 3 cranes, 1—dock, 2 drive-in doors. Outdoor storage. GUELPH CAR WASH, GAS STATION & LUBE Lester Tobin* SHOP W/PROPERTY · 5,873 SF · $2,700,000
MLS: 30644230 · Gas station with propane, 1.44 Ac · MLS:30698798 · $680,000 · automated carwash and lubeshop business PUSLINCH TWP. One of the last lots available with property on 1.05 acres. Environmental on Maltby Rd. 250’ x 250’ flat. Nice setting. reports completed. Lester Tobin* John Hoffman* 68.02 Ac · $2,385,000 · EXCLUSIVE · CAMBRIDGE Under consideration to change OP designation to industrial. Peter Benninger**
ST JACOBS BANQUET HALL/RESTAURANT 8,000 SF,4.3 Ac · $2,100,000 · MLS: 30704935 Extensive renovations to building and grounds. Includes furniture/cooking equipment. Site includes a freestanding home. Steve Gerakopulos*
1 Ac. · MLS: 30697875 · $1,050,000 · KITCHENER · Available for commercial 1,280 SF · $89,000 · EXCLUSIVE · KITCHENER www.coldwellbankercommercial.ca redevelopment in expanding area of Kitchener- Well established business since the 1970’s. Email : Commercial@coldwellbankerpbr.com ** Broker Waterloo boundary. Many uses permitted. Call High income-high sales. No franchise. Owner for More Details! Chris Kolednik** will train. Lester Tobin*
www.coldwellbankercommercial.ca www.coldwellbankercommercial.ca Email : Commercial@coldwellbankerpbr.com ** Broker
Email : Commercial@coldwellbankerpbr.com ** Broker
February 2–March 2, 2019
M U LT I - FA M I LY FOR SALE
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 ** Broker Harmony Voisin* Ext. 3117
* Sales Representative
* Sales Representative ** Broker ** Broker Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR
17
Protect your business from directory fraud
C
ompanies big and small are vulnerable to all kinds of fraud — identity theft, internal fraud and business directory and supply scams. This is not just an online problem; it can also happen over the phone and in person. Below is an example of a popular directory scam.
Your company receives a call, an email, or a fax to confirm its address and contact information. You are extremely busy in your small, growing business, so you confirm the information and move on to the next pressing issue. A few weeks later you receive an invoice for online advertising for several hundred dollars from an unfamiliar company. When you call their customer service you are told they have a recording of you agreeing to the services and if you don’t pay, they will send your file to a collection agency. You don’t have time for this, so you pay the invoice and get back to work. After all, online advertising can’t be bad for your business! This is how it’s done: You’ve been scammed. Chances are your company’s name will get buried in a listing that no one will see, because it’s not even accessible via regular search methods. That’s their definition of advertising. Directory scams are very common; they target businesses across Canada and around the world. Fraudsters use misleading tactics to pressure businesses to pay for directory listings of little or no value. In some cases, they lead businesses to believe that a contract is already in place 18
COMMERCIAL INVESTOR | Commercial Real Estate & Business Opportunities
during the initial communication. They make it look official by already having the company’s contact information on hand when they’ve simply obtained that information online, or through existing directories. These scam artists may also record your voice while you confirm your business information, which can be edited to suit their fraudulent purposes. This type of scam happens quickly, and the financial consequences are harmful to thousands of small businesses in Canada every year. Use these tips to help avoid falling victim to fraudsters: • Educate yourself, your employees and your co-workers to be cautious of unsolicited calls and emails. • Create a list of companies that are typically used by your business. • Limit the number of staff who can approve purchases and pay bills. • Clearly define procedures for verification, payment and management of accounts and invoices. • Examine invoices carefully before making any payments: Fraudsters will use company names or logos similar to those of known businesses to make their invoices seem real. • Ask questions and read all documents very carefully before confirming your business information, whether it’s over the phone or by signing a document, to ensure that you will not be unknowingly charged. If you’ve been the victim of a directory scam or if you have information about this type of scam, report it to the Competition Bureau (1.800.348.5358) or the Canadian Anti-Fraud Centre (1.888.495.8501). February 2–March 2, 2019
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
0
,90
999
$2,
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.
N
IO DIT
CON
413 Hazel Street, Waterloo ON
Y ALL
900
99,
1,4
D L O S
410 Hazel Street, Waterloo ON Great Investment Opportunity in Waterloo with Potential for future redevelopment with newly approved RMU-20 Zoning. Easy access to both University of Waterloo and University of Laurier! Currently Rented to Residential Tenants. Controlled entry. Turnkey investment with Onsite Super who manages and maintains the property for you. Currently, 100% rented. Could be purchased in conjunction with 413 Hazel Street.
*Independently Owned and Operated
0
,90
399
$1,
Development Opportunity 575 Glen Forrest Blvd, Waterloo ON Rare 0.73 Acre Development Land Opportunity with C3-10 Zoning allowing for a combined Commercial & Residential 3- Floor Development in Waterloo West. C310 Zoning also allows for many commercial and retail uses. Phase 2 Environmental Completed showing it as a clean site. Adjacent to Park, Residential, and Retail. Easy Access to the LRT, Parks, Schools, Services, and Shopping. Walking distance to David Johnson Research + Technology Park (University of Waterloo)
Roy A. Boyes ReAl estAte 519-397-0928 Single TenanT 2 CampgroundS eSSo plaza peTro perTo Car WaSH golF golF golF golF reSorT reTiremenT HomeS VarieTY STore plaza moTelS SelF STorage February 2–March 2, 2019
boyesre@gmail.com North, Food Franchise, 7 CAP, 2M Ask 2.9M with house; KOA 2.7M Gas, Store, 2 Rentals, ASK 1.2M STORE, SUB, WASH, ASK 2.2M LARGE WASH SALES, ASK 2.4M 27, GROSS 1.5M, ASK 3.1M 9, NORTH, HOUSE, 147 ACRE,495K 18, NORTH, SUPER CLUBHOUSE, 1.1M 18, SPA, COTTAGES, ASK 2.9M 15, 18, 18, 25, 38,44, BEDS DAISY MART, GROSS 700K, ASK 110K 4 UNITS PLUS VARIETY BUS. ASK 599K 12, 16, 24, 160 ROOMS 165 UNITS,GATED, ASK 1.1M Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR
19
SOUTHWESTERN ONTARIO
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
SOUTHWESTERN ONTARIO SECTION COVERING: Brantford Chatham Grey & Bruce Counties
Ingersoll London Owen Sound Sarnia Simcoe Stratford
St. Thomas Tillsonburg Windsor Woodstock
For advertising contact Yhanique Facey
Daphne Kua
1-866-536-2606 905-532-2606
1-866-532-2593 905-532-2593
Media Consultant
yhanique@mediaclassified.ca
Media Consultant
daphne@mediaclassified.ca
Southwest Ontario Eavan Travers, CCIM* eavan@eavan.ca Office: 519-649-6000 *Sales Representative
ERIE SHORES REALTY INC., Brokerage Independently Owned and Operated 103 Queensway E., Simcoe ON N3Y 4M5
ADVANTAGE REALTY LTD., BROKERAGE**
Toll Free: 1-855-649-6001
519-426-0081
Each Office Independently Owned & Operated**
123-125-127 KING ST., LONDON MIXED USE OPPORTUNITY INVESTMENT/DEVELOPMENT
Rhyus Reeves,
Darryl Swarts,
519-428-8180
519-428-5521
Broker of Record
rhyus2.0@gmail.com
Broker/Owner
swartsdarryl@gmail.com
200 MAIN ST., PORT DOVER $1,399,900 MLS®
• Zoning BDC • Building 22,000 sf • Lot size – 1/4 acre • 3 Commercial Units • 15 Residential (1-Bed)
DOWNTOWN LONDON ENTERTAINMENT DISTRICT OFFERED AT $4.45 MILLION
Attention Investors, Business and Restaurant Owners! Well established tavern in the heart of the popular lakefront community of Port Dover. With over 9,000 sq.ft. of bar, restaurant and apartment space, this historic landmark has been a draw to beach goers and residents of Port Dover for many years. 2 residential units above, makes this a great business opportunity for all. With CBD zoning, this land can be used for a variety of different business and commercial residential uses. This 1/2 acre corner lot with entrances from 2 streets has ample parking and space to expand. Property can be sold in conjunction with the neighbouring property to give more land and frontage on 3 streets. Use as a turn-key business or with a bit of work, this property would make for a great commercial/condo sky rise project or strip mall in one of
the busiest locations of town.
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
5 RENTAL APARTMENTS PLUS 2 COTTAGES
10 Bruce Rd. 25, Port Elgin $539,000 • Located on a Busy Corner • Large 138.7’ x 197.10’ Lot • A Great Rental Investment • There is Great Potential for the Property • MLS # 132525
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 February 2–March 2, 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
21
HAMILTON
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
HAMILTON SECTION COVERING: Ancaster Caledonia Cayuga Dundas
Dunnville Grimsby Hamilton Haldimand Stoney Creek
For advertising contact Yhanique Facey
Daphne Kua
1-866-536-2606 905-532-2606
1-866-532-2593 905-532-2593
Media Consultant
yhanique@mediaclassified.ca
Media Consultant
daphne@mediaclassified.ca
Hamilton
7325 #20 HIGHWAY, SMITHVILLE
$1,150,000
$349,900
33 MAIN ST N, WATERFORD
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.
$699,000
847 #24 HIGHWAY, CHARLOTTEVILLE
$579,000
35 MAIN ST NORTH, HAGERSVILLE
Turnkey restaurant/commercial building in the heart of Waterford! Great exposure & curb appeal w/ ample parking! Many commercial uses w/ zoning. Includes all equipment & chattels. Updates - HVAC, electrical, roof, kitchen & more. Env study & P/L available upon request! A family friendly community!
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.
Reno’d 2 stry comm/retail building. Stylish stucco exterior w/modern stone skirt accents plus quality display windows. Offers excellent visual exposure incl high daily volume of traffic, boding well for retail storefront. Serviced lot fts 2 fully rented res, rear pkng + sep. hydro & n/gas meters.
$169,900
$479,000
$639,000
2769 #3 HIGHWAY, JARVIS
Looking to be self-employed, be your own boss and earn a lucrative income! This may be the perfect opportunity for you! Established, profitable turn-key business. C&J Roto-Static Carpet & Upholstery Cleaning. Inc. Name, clientele list, phone #, 2010 Dodge Caravan(as is), supplies/equipment. P&L avail.
February 2–March 2, 2019
7104 CANBOROUGH RD, CANBOROUGH
Downtown Attercliffe, charming 1930’s inspired General Store w/in-house restaurant/ patio+immaculate attached 2 bdrm residential unit. Commercial kitchen, sit-down booths, large retail store area, n/gas, huge front parking lot. 20 mins/ QEW-S. of Niagara’s wine country. Clean operation w/unlimited potential.
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
23
Hamilton
Roman Spytkowsky, Broker 905-528-8956 ext. 4190
242
Main St. E. Hamilton
11,350 SQ FT PREVIOUS BODY SHOP
email: romans@efforttrust.ca
MEDICAL USE SPACES
INDUSTRIAL WAREHOUSE WITH OFFICE SPACE 10,227 SQFT
1) 1 unit in Westdale approx. 1060 sqft, 2nd floor with Elevator Great spot on Corner of Parkdale & Brampton Street. Office areas, warehouse and shop area. 3 over head doors.Vacant, easy showings.
2) 3 main floor units on Mohawk Call for details
KING STREET EAST DUNDAS
INDUSTRIAL SPACE APPROX
2 floors of office/showroom and large warehouse area. Unit is 10,227 sqft in total. Base rent is $6.50 per sq ft. Motion lighting in warehouse. 1 loading dock as well as a drive in overhead door. Call Roman for your industrial needs!
617 PARKDALE HAMILTON (INDUSTRIAL) UP TO 30,000 SQ.FT.
20,500 SQFT
$6.50/SQFT BASE RENT Approx. 825 Sq Ft for retail or office. Very busy location for your new business. Located between York and Syndenham Road.
KING STREET EAST DUNDAS
Ready for Tenant.This unit has a basement and plenty of parking. Approx 130 Sq Ft. Great for accountant, lawyer, or retail venture. Asking $2000/month
6,931 SQ FT UNIT
$6.50/SQFT BASE RENT Loads of space here as well as rear parking. Office space at front and nice warehouse with drive in overhead door. Call Roman for this and other industrial spaces!
24
Large space with loading dock and drive in overhead door. Fantastic yard with a lot of parking and swing room. Easy to show. Minimal office space here. If you want space, this is the unit. Call Roman for other properties not on MLS.
Industrial building on the corner of Parkdale and Brampton Street. Approx. 19,480 sq. ft. Good for single user or may be divided. 2 over head drive in doors and 2 loading docks. Asking 6.75 per sq ft base rent. Quick to Burlington Street or Red Hill.
175 HUNTER STREET HAMILTON
HAMILTON MOUNTAIN 40 MOHAWK ROAD EAST
Fantastic stand alone building with 2 floors completely finished. 2 washrooms and 1 is a 4 piece. Lots of potential uses here. Very classy inside and out. Easy access to view. Call today.
3 spaces available here for medical use only. Plenty of parking. On Mohawk near James. Easy to show these units.
7,602 SQ FT WAREHOUSE & OFFICES
789 WOODWARD 4,758 SQ FT WAREHOUSE
D E S
A
LE
Warehouse, Offices and Mezzanine. Quick to QEW. With over 7,000 Sq Ft, Overhead drive in door, 2 bathrooms – this could be your new location.
COMMERCIAL INVESTOR | Commercial Real Estate & Business Opportunities
D E S
A
LE
On Woodward near Glow Ave. Large gated facility. Large warehouse with washroom and overhead drive in door. Asking $6 base.
February 2–March 2, 2019
Hamilton
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
H A M I L T O N
Mazhar Roshan Sales Representative
905.929.9800 647.609.9463 905.574.6400
GTA Direct Office
mazharroshan@sympatico.ca
UPPER WENTWORTH - HAMILTON
HomeLife Professionals Realty Inc.
BROKERAGE I have qualifi ed buyers for up to $5M in commercial and investment buyers. Call for details.
BURLINGTON FOR LEASE
RE DU CE D
HAMILTON
Direct
PIZZA STORE
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, MondayFriday only. No weekend showings. $699,900
2000 sq. ft. on lower level for storage.
“My Business is to Sell Your Business” February 2–March 2, 2019
Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR
25
Investment intentions among Canadian entrepreneurs remain stable Over half will limit investment due to lack of qualified workers
I
nvestment intentions among Canadian entrepreneurs remain stable amid a shortage of qualified labour and confidence in the economy, according to the Business Development Bank of Canada’s (BDC) fourth annual report on the investment intentions of small- and mid-sized enterprises (SMEs). The 2019 Investment Intentions report is based on a phone survey of 4,024 business owners conducted in the fall of 2018. More than half of SMEs (53 per cent) say the labour shortage will cause them to limit business investment in 2019. This is the second year in a row the problem is cited as the top obstacle to investing. In a previous study, BDC found that SMEs are struggling to find new employees and the problem will not improve. Next-cited reasons for not investing are insufficient cash flow (48 per cent) and confidence in Canada’s economy (43 per cent). 26
COMMERCIAL INVESTOR | Commercial Real Estate & Business Opportunities
Business optimism remains stable nationwide, with 73 per cent of SMEs expecting their revenues to grow in 2019, compared to 72 per cent last year. At the same time, SMEs are shifting its investment plans to reflect the digital transformation of Canada’s economy, with four in 10 businesses planning to devote all or some of its investment to new technologies. “It is encouraging to see some optimism from Canadian businesses as they adapt to the labour shortage and digital technology,” says Pierre Cléroux, vice-president, research and chief economist at BDC. “SMEs make up 99.7 per cent of Canadian companies, so their success is crucial to the economy. Companies can better meet today’s challenges if they invest in retaining workers, hiring newcomers to Canada and adopting new technology.” Other findings: • The sectors with the brightest investment outlook are wholesale, technology and business services. • Exporting businesses are more likely to plan new investment in technology, thanks to a low Canadian dollar and strong U.S. demand. • More entrepreneurs plan to invest in intangible assets such as software and intellectual property. High-growth firms are focused on buying new technology, with 59 per cent planning such investments compared to 43 per cent of all businesses. Source: Business Development Bank of Canada February 2–March 2, 2019
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
SECTION COVERING: Ajax Alliston Bowmanville Bradford Bolton Burlington Brampton Concord Durham Region
Etobicoke Georgetown Georgina Keswick Markham Milton Mississauga Newmarket North York Oakville Oshawa
Pickering Richmond Hill Scarborough Schomberg Sutton Toronto Tottenham Thornhill Vaughan Whitby Woodbridge
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Media Consultant
yhanique@mediaclassified.ca
Media Consultant
daphne@mediaclassified.ca
GREATER TORONTO AREA
GTA
Greater Toronto Area
SkyViews
The Importance of Capital Budgeting by Scott Fleet, Capital Planning Solutions
When embarking upon major capital expenditure projects at your multi-residential and commercial properties, it is imperative to complete proper due diligence and implement a capital plan to assist in prioritizing your capital projects. At Capital Planning Solutions, we recommend customizing five-year capital budgets for each building. This can be done by a project manager, management company or building ownership. It is recommended that these five-year capital budgets be updated annually and reviewed amongst all members of your building ownership group in order to get “all hands-on board” and make informed decisions on whether your upcoming capital projects should be undertaken, or if certain projects can be deferred. Five-year capital budgets and cash flow projections should be reviewed annually by ownership groups in the fall months. At this time, it is imperative that the ownership make a collaborative decision regarding which projects will be completed throughout the upcoming year. The benefit of making this decision in the fall months is two-fold: 1.
2.
When dealing with large concrete restoration projects and other weather sensitive projects, there is a major benefit to tendering and awarding projects early in the year. Contractors are generally very eager to fill up their construction schedules for the rest of the year. Therefore, the contractors who have voids in their schedules are more likely to offer their best competitive pricing to secure the project. The manufacturing of certain equipment and materials such as elevators, balcony railings, balcony doors, windows, boilers, etc. can become backlogged and may have extensive lead times. By commencing your capital projects early in the year, you will often benefit from shorter lead times as you will be first in queue with the manufacturers. If you wait until the summer to begin your capital projects, you are “joining the herd” which leads to longer lead times (in addition to higher contractor pricing) and you may end up rushing to finish weather sensitive projects before the winter months.
The Five-Year Capital Budget There are some great software programs available to assist with the creation of capital budgets. However, creating your own customized five-year capital budget unique to each building can yield great benefits. A capital planning consultant can provide assistance in the creation of a capital plan. The process begins by creating a spreadsheet for each building within your portfolio. Populate the spreadsheet with a list of categories for various building components within your building, i.e. balconies, boilers, windows, asphalt, sidewalks, elevators, etc. The spreadsheet should also contain a heading for the next five years, i.e. 2017, 2018, 2019, 2020, 2021. As projects approach, populate the spreadsheet with budget estimates for each category under the appropriate year in which it should be completed.
Populating your Five-Year Capital Budget The main source for populating your customized five-year capital plan for each building should be information extrapolated from your most recent Property Condition Assessment (PCA). As a diligent building owner, it is recommended that you update your PCA approximately every eight years and the report should include recommendations for priority repairs and budget figures for the next 10 years. Listed below are additional ways to identify capital projects to include in your five-year capital budget: •
Legislative changes including building code/fire code/ TSSA requirements
•
Visual assessment and regular building walkthroughs
•
Monitoring equipment age versus expected useful life
•
Identifying projects that provide energy savings/paybacks
Undertaking Capital Projects versus Deferring Capital Projects Now that you have a five-year capital budget in place for each building, you can refer to the budget as a detailed overview of the upcoming capital projects at your buildings. Reviewing your capital budgets in conjunction with your cash flow projections will allow you make a more informed decision regarding whether specific projects should be undertaken or deferred. Should you consider deferring a particular project beyond the set out or recommended repair timeline, it may be a good idea to have an engineer/consultant re-inspect that specific building component to clarify the impact of this decision on building safety and project cost. If projects are deferred too long, you can quickly find yourself taking a reactive approach to building maintenance. This can lead to an increase in the scope of projects/repair costs, growing aggravation amongst tenants, and additional unexpected repair projects. Alternatively, preventative maintenance approaches allow you to control repair quantities, and eliminate a source of aggravation amongst your tenants while completing your capital projects with cost efficiency at the forefront. In conclusion, updating and reviewing your capital budgets annually in the fall months is imperative and taking a preventative, rather than reactive, building maintenance approach can save you valuable dollars over the lifespan of your buildings. For further assistance with capital planning and capital project management, please contact Capital Planning Solutions. Scott Fleet, President Capital Planning Solutions 289-208-7183 scott@capitalplanningsolutions.ca www.capitalplanningsolutions.ca
28
COMMERCIAL INVESTOR | Commercial Real Estate & Business Opportunities
February 2–March 2, 2019
Greater Toronto Area
We Work From Our
Over 26 Years of
&
Shaul
Shaul Sharabi BROKER, B.A.
416.902.3770 “HALL OF FAME”
Top Quality Service 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
$1,200/MONTH FOR LEASE
$350,000
$79,000
VAUGHAN IN THE HEART OF CONCORD INDUSTRIAL AREA
TORONTO VERY FINE ART STOCK & ANTIQUES
WESTON ROAD & HWY. 7 – ESTABLISHED ITALIAN RESTAURANT
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.
Excellent Opportunity To Become A 49% Partner Of A Well Established Art Gallery w/ Lots Of Client Connections. Half Of Inventory Worth Approx $2,500,000 - Full Inventory. Total Rent Is $1,840.54 Incl. HST. Owner In Art Business For Over 25 Years & Willing To Train.
Excellent Location! Fully Equipped Kitchen w/ High Quality Equipment, 24 Seats, 2 Bathrooms. Shows Beautifully, Pride Of Ownership! Gross Lease Is $2,000/Month Incl. Tmi & Utilities. Lease Can Be Signed For Any Desired Period.
$3,000/MONTH FOR RENT
$3,699/MONTH FOR RENT
$859,900
THORNHILL - LUXURY LARGE CORNER CONDO UNIT IN MINTO WATERGARDEN
THORNHILL - LUXURY EXECUTIVE 3-BEDROOM PENTHOUSE IN LEGACY PARK
YONGE & CENTRE ST. 2+1 BEDROOM & 2 FULL BATH, CORNER UNIT
Bright & Spacious w/ South-West Exposure Overlooking Arnold Estate Homes. Upgraded 1,215sf + 85sf Balcony, 2 Bedroom+Den & 2 Full Baths, 9’ Smooth Ceilings, SS Appliances, Granite Counter Top & Backsplash, Custom California Shutter & More.
Upgraded Approx 1500sf + 2 Balconies w/ Spectacular Views! Open Concept Design, Large Sep. Living / Dining Rooms, Family-Size Kitchen/Breakfast Area, 2 Side-By-Side Parking Spaces Next To Elevator. Largest Locker On 4th Floor. Steps To Promenade Mall, Transit, Shopping, Etc.
Rare & Lux Large Modern Condo In Minto Watergarden Bldg. Bright SW Exposure O/L Estate Homes. Spotless 1215 sf + 85 sf Balcony, 9’ Smooth Ceilings, SS Applns, Upgrd Granite C-Top & Backsplash, High-End Custom Calif Shutters, Parking & Locker.
www.luxuryrealtybroker.com
*Free market evaluation • Virtual tour & pictures • Colour brochure • Wide exposure advertising
REALTRON REALTY INC, BROKERAGE INDEPENDENTLY OWNED & OPERATED February 2–March 2, 2019
*limited to $10,000
Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR
29
Greater Toronto Area
Toronto building awarded BOMA
best platinum certification
O
ut of all the buildings that apply to receive a BOMA BEST certification, only two to three per cent are able to attain the platinum level. In the span of one year, the team at 95 St. Clair Avenue West has demonstrated its capability and has joined the elite group of buildings that have met BOMA’s best practices with the receipt of a BOMA BEST Platinum certification. When Colliers assumed property management of 95 St. Clair Avenue West, the 50-year-old building had already been embroiled in a 15-year-long attempt to secure a BOMA BEST certification and the client, Desjardins Asset Management Group, had high expectations. By working with the Real Estate Management Services (REMS) sustainability team, it implemented initiatives and tools, such as energy monitoring software, upgraded equipment, the purchase of renewable energy, and much more.
JUST LISTED SALE FOR
After all the initial implementations, it was expected that the building would receive a score of 89 per cent. It was the final introduction of BIP, a platform developed by Peak Power Inc., that served as the ultimate game-changer. The team submitted the technology to BOMA’s Technical Review Committee and received additional innovation points, which allowed them to successfully secure a 92 per cent score and earn them the platinum certification. “This was undoubtedly one of the most collaborative efforts I have ever seen,” says Phillip Raffi, national energy and sustainability manager, when speaking about the teamwork and innovative thinking it took to accomplish such a feat. Stephen Wall, general manager of 95 St. Clair Avenue West agrees. “This was a collective endeavour and there were multiple people who were instrumental throughout the yearlong process in helping us get to the point where we can say that we are BOMA BEST Platinum-certified.” Moving forward, the building will continue to explore new technology and initiatives to cement its position as a leader in sustainability and also reduce energy and greenhouse gas emissions by two to three per cent yearover-year.
FOR SALE
FULLY LEASED INDUSTRIAL BUILDING Mississauga, ON DIXIE & 401 2.5 ACRES APROX 69,000 SQ.FT. ASKING PRICE - $9,900,000
JDF REALTY OFFICE: Vito Simone Salesperson 416-816-9428 vito@vitosimone.ca
• INDUSTRIAL/MANUFACTURING • A CLASS SINGLE TENANT IN PLACE • APROX 24FT CLEAR HEIGHT • NEWER ROOF
STATEMENTS AND INFORMATION CONTAINED HEREIN ARE BASED UPON THE INFORMATION FURNISHED BY THE PRINCIPALS AND SOURCES WHICH WE DEEM RELIABLE-FOR WHCH WE CAN ASSUME NO RESPONSIBILITY, BUT WHICH WE BELIEVE TO BE CORRECT. THIS SUBMISSION IS MADE SUBJECT TO PRIOR CONSUMATION, CHANGE IN PRICE OR TERM, ERRORS, OMISSIONS, OR WITHDRAWL FROM THE MARKET WITHOUT NOTICE.
30
COMMERCIAL INVESTOR | Commercial Real Estate & Business Opportunities
February 2–March 2, 2019
Greater Toronto Area
MATTHEW GARNET
B.A., C.S.C.
S A L ES R E P R ES E N TAT I V E
Tel 905.773.8000
For Powerful Performance, “Deal with The Dragon!”
TRENT HILLS
14.29 Acres with Excellent Road Frontages
416.509.3036
7$ 9 9,9 0 0
DIRECT
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 frontages 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 – ideal investment for future development.
SUBJECT PROPERTY
For more info call
Matt "The Dragon" Garnet 416.509.3036
SUBJECT PROPERTY
mattsdragonz@gmail.com 31
2019 commercial real estate forecast:
OppOrtunities abOund Avison Young’s 2019 Real Estate Forecast
S
et against the backdrop of a rapidly increasing world population, global GDP growth, relatively strong economies and heightened job creation, real estate markets are thriving. Fundamentals continue to show great strength amidst restrained building activity, strong demand and accordant rising rents. Despite political headwinds such as trade disputes, Brexit, currency fluctuations and interest-rate hikes, quality real estate continues to be occupied and in demand. 32
COMMERCIAL INVESTOR | Commercial Real Estate & Business Opportunities
February 2–March 2, 2019
Avison Young’s annual report covers the office, retail, industrial and investment sectors in 68 markets within seven countries, including these cities in Canada: Calgary, Edmonton, Halifax, Montreal, Ottawa, Toronto, Vancouver and Waterloo. “While the last few weeks have certainly been a rollercoaster ride for the world’s equity markets, the headline is: We continue to feel very positive about opportunities in the real estate environment for the year ahead,” says Mark E. Rose, chair and CEO of Avison Young. “At Avison Young, we believe that more capital is available to move into real estate debt and equity than at any other time. The next wave of investment is not a matter of if or when – it’s just a matter of price.” “Understanding demand is the key to navigating the current market. While workplace changes can be confusing – driven by technology, generational trends and the new economy – they largely represent positive developments for our industry,” continues Rose. “As co-working and flexibleoffice providers take down a significant amount of space, what we are seeing is a change in tenancy – not a slowdown in occupancy. Leasing is stable – and longer-term in nature – and most businesses retain their office footprint throughout economic cycles.” An office experience is taking the place of the static workplace of prior generations, states the report. Energy, light, collaboration, purpose, sustainability, and health and wellness are as much drivers of the work experience as the underlying businesses. Industrial is today’s property class of choice and will probably regress to the mean, but will still be a driving force as methods of production and distribution continue to evolve. Distribution to the home and the last mile are top-ofmind among industrial owners and occupiers; accordingly, same-day delivery is the goal of retailers and consumers as the world’s population continues to increase. On the North American front, though trade was discussed ad nauseam, property markets in the U.S., Mexico and Canada performed well in 2018. CANADA The 10-year bull market in the Canadian commercial real estate sector continued in 2018, supported by the lowest unemployment rate in at least four decades. For several months, the lack of an amicable trade deal with the U.S. was a destabilizing factor on many fronts, but the prospective United States-Mexico-Canada (USMCA) agreement removes some of the doubt. Meanwhile, new federal and provincial measures appear to have stabilized the housing market. “Strong performances in 2017 and 2018 have led to supply constraints amid a maturing commercial real estate cycle in Canada,” says Bill Argeropoulos, principal, practice leader, research (Canada) for Avison Young. “Activity is expected to remain stable in 2019 with a general supply constraint being the primary brake on property market growth. February 2–March 2, 2019
Meanwhile, occupiers and owners will have to adjust to rapid technological advances during a period of moderating economic growth.” According to the report, Canada’s office sector remained sound in 2018, though softness persisted in Alberta. Competition for office space, especially in downtown markets, continues to underpin the sector’s fundamentals nationwide. Office vacancy declined in almost every market, lowering the Canadian average to 11 per cent near yearend 2018. A similar story is expected in 2019, although vacancy will rise modestly to 11.3 per cent by year-end after construction nearly doubled in 2018. “Toronto and Vancouver reaffirmed their presence among North America’s top-performing office markets as Canadian markets captured five of the continent’s 10 lowest vacancy rates,” notes Argeropoulos. The report states that low, single-digit vacancy characterized Canada’s industrial markets. Overall industrial vacancy continued to decline, falling to a new record low of 2.9 per cent near the end of 2018 – and is expected to edge lower in 2019. Toronto (1.3 per cent) and Vancouver (1.5 per cent) are projected to rank among the tightest three markets in 2019. “Canada’s industrial market outperformed many observers’ expectations in 2018 – and is set to do so again in 2019,” says Argeropoulos. “Competition from the emerging recreational-cannabis industry will add to the already robust e-commerce demand this year as owners and occupiers continue to grapple with rising land costs and the eroding supply of developable land – most evident in Vancouver and Toronto.” Retail properties remain the most unpredictable commercial real estate assets in Canada. Retail vacancy remains in flux as a lingering result of the failures of some prominent chains, while big-box chains closed underperforming locations amid the ongoing e-commerce revolution. “The focus on creating memorable consumer experiences will endure across the Canadian retail landscape in 2019. Significant investment in technology to track Millennial behaviour is being made by retailers developing and enhancing their physical locations and online market shares while seeking the correct balance in the symbiotic relationship between bricks and clicks,” says Argeropoulos. With the final tally yet to come, 2018 was another record year of investment, exceeding the previous high of $36 billion in 2017. Capital is abundant and, in search of higher yields, investors are looking to take advantage of landlordfavouring markets and sectors offering significant rentalrate growth. “Supported by relatively sound leasing fundamentals in almost every market, debt reduction and asset and geographic diversification will continue in 2019, while asset values are expected to remain elevated and cap rates low for prime assets,” says Argeropoulos.
Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR
33
CENTRAL ONTARIO
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
CENTRAL ONTARIO SECTION COVERING: Barrie Collingwood Muskoka North Bay Kawartha Lakes Midland
Meaford Paisley Parry Sound Orillia Owen Sound Sudbury Walkerton
For advertising contact Yhanique Facey
Daphne Kua
1-866-536-2606 905-532-2606
1-866-532-2593 905-532-2593
Media Consultant
yhanique@mediaclassified.ca
Media Consultant
daphne@mediaclassified.ca
Central Ontario
Federal government to help fund
first residential net-zero energy highrise building
T
he federal government will invest $3.9 million toward the construction of a mixed-use, multi-unit residential highrise net-zero energy building. The country’s first net-zero energy highrise will be located in London, Ontario’s West 5 sustainable community. “This project will demonstrate first-of-its-kind net-zero energy construction in highrise residential buildings, making it a model for the future,” says Minister of Natural Resources, the Honourable Amarjeet Sohi. “Through energy-efficient practices and the use of renewable energy technologies, this project is creating new jobs and protecting our environment.” The building aims to demonstrate the feasibility of netzero energy at a community level, and inspire change across
Canada’s construction industry, as part of the government’s commitment to use renewable energy technologies to advance a clean energy future and help achieve its global climate change goals. Net-zero buildings are designed and constructed to produce at least as much energy as they consume on an annual basis. Funded through Natural Resources Canada’s Energy Innovation Program, Sifton Properties Limited’s Helio building will include a monitoring system that will be used to optimize energy-efficient performance, a system that could become a valuable industry resource going forward. “Helio will be the most energy-efficient highrise in Canada, designed and constructed to be 77 per cent more efficient than a similar building built under the current Ontario Building Code,” says Richard Sifton, president of Sifton Properties. “This is quite an accomplishment, and there is no doubt that the Energy Innovation Program has enabled us to push Helio further than thought possible. It will be an incredible addition to West 5.”
Bill Byers
Sales Representative bill-byers@coldwellbanker.ca www.temiskamingrealty.com 1-866-557-1110 705-647-1110 0
,00
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,90
00 9,9 29 $ g kin As
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industriaL 12.98 Acres beside rail line with Town services. 3 large buildings 8100 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
February 2–March 2, 2019
98
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CommerCiaL Large 2 Storey building 4285 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
Should you buy or leaSe your commercial Space?
O
ne of the trickier decisions many entrepreneurs face is choosing between buying or leasing their place of business. There are advantages and disadvantages to both options, and the decision requires lots of analysis and planning. Here are some things to consider with each option. Weigh them effectively to help make the best decision for the best business advantage. When should you buy?
If location is important to you A great location is hard to find. If you can find one that helps you grow sales through foot traffic and ease of transportation, reduces costs through proximity to key 36
COMMERCIAL INVESTOR | Commercial Real Estate & Business Opportunities
suppliers, and/or attracts and retains employees, you may want to secure that space by purchasing it. If you want to build your personal wealth Commercial real estate has been a great investment for many entrepreneurs in recent years. While there are no guarantees, owning can build wealth separate from your operating company. If your current leasehold improvements are getting costly If you’re investing heavily in a building to run your business, it often makes sense to buy a property. If, however, the time isn’t yet right to buy, you may want to consider leasehold improvement loans to tide you over. If you want to be free of landlord woes If running every aspect of your business without potential limits, restrictions and rent increases is important to you, February 2–March 2, 2019
then you might want to buy a commercial space. If you need to free up working capital A well-financed property purchase can free up working capital by reducing your monthly outlay for rent. The difference can be used to build your business. “It’s about balancing growth with cash flow,” says Jean-Philippe Ménard, vice-president, North Shore at BDC. “We often finance those kinds of purchases because we want to make sure our clients will have enough working capital to grow.” hoWever... If you decide to buy commercial real estate, be sure to pay close attention to the following: Rising interest rates Low interest rates have encouraged many entrepreneurs to buy in recent years, and they have enjoyed considerable market appreciation. However, “there’s a wake-up call coming” for some entrepreneurs in the form of rising interest rates, says Ménard, who works in BDC’s office in Laval, Quebec. He notes that many younger businesspeople have never experienced the rising costs that come with higher rates. Cash flow and stability Before you buy, make sure your company will have the resources to support this commitment in the years to come. Buying a building is a long-term investment. Protection and due diligence Be sure to protect yourself from problems that can come with ownership, such as hidden building defects or environmental contamination. Get a building condition inspection (BCA) and an environmental assessment (ESA), or hire a qualified environmental consulting firm to assess the property before you purchase. Before buying, it’s equally important to get a lawyer to perform thorough due diligence on such issues as land title, zoning, outstanding taxes, liens, easements and other potential problems with the property. When should you lease? Here’s where it may make more sense to rent a space for your business. If you don’t have enough working capital Start-ups are often unable to commit a lot of capital to a building, so they will most likely opt to lease. Even if you have an established business, it may not be generating enough cash at this stage to allow you to fund both your growth and your commercial property acquisition. If your business needs are unstable If your company is growing rapidly or downsizing, or you’re just not sure what’s going to happen, you might be better off renting until the situation stabilizes. February 2–March 2, 2019
You don’t want the hassle of owning Owning a property comes with additional responsibility and potential problems. You may prefer to rent and focus on your business for the time being. hoWever... If you decide to lease, be sure to pay close attention to the following: Option to renew While some entrepreneurs may not want to make a longterm commitment to a location, Ménard cautions that flexibility can work both ways. A landlord can refuse to renew a lease once it expires. That forces your business to relocate, with all the costs associated with doing so. Renovations and improvements Be sure to find out about restrictions that could limit your ability to expand or use the space in different ways. Specifically, find out whether there are any limitations on making changes to your space. Do you have to return the property to its original condition when you leave? Do added equipment and fixtures remain your property, or do they become the property of the owner? Parking Are there enough parking spaces for all tenants and their visitors? Are you guaranteed spaces? Signage What are your rights when it comes to signage? Landlord responsibilities It’s important to understand what your landlord does and doesn’t pay for before committing to a commercial lease. Specifically, pay close attention to the following: Common area maintenance Who is responsible for cleaning, repairs and other costs associated with common areas, such as washrooms, entrances, general reception areas and the parking lot? Who pays for snow removal, grass cutting and/or landscaping? Operating expenses Who pays for property taxes, insurance, utilities, security, and the repair or replacement of equipment such as heating, ventilation and air conditioning units? Final thoughts In the end, whether you decide to buy or lease a commercial space, remember the following: You’re not alone As part of your trusted team of commercial real estate advisors, a lawyer specializing in commercial real estate should review your contract carefully with you to avoid any unpleasant surprises down the line.
Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR
37
EASTERN ONTARIO
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
EASTERN ONTARIO SECTION COVERING: Lindsay Peterborough Port Hope Bowmanville
Cobourg Trenton Belleville Kingston Northeastern Ontario
For advertising contact Yhanique Facey
Daphne Kua
1-866-536-2606 905-532-2606
1-866-532-2593 905-532-2593
Media Consultant
yhanique@mediaclassified.ca
Media Consultant
daphne@mediaclassified.ca
Meet the Team: Synercapital Investment Realty -- a boutique full service commercial real estate brokerage since 2009 Meet the Team: Meet the Team: Synercapital Investment Realty Synercapital Investment Realty -- a boutique full service commercial real estate -- a boutique full service commercial real estate brokerage since 2009 brokerage since 2009
Eastern Ontario
John Hughes Kwesi Bourne Sarah Kirwan Scott Lavergne Broker of Record Broker Sales Representative Sales Representative john@synercapital.ca kbourne@synercapital.ca skirwan@synercapital.ca slavergne@synercapital.ca John Hughes Kwesi Bourne Sarah Kirwan Scott Lavergne (613)John 860-3500 x 400 (613)Kwesi 860-3500 x 410 (613)Sarah 860-3500 x 420 (613) 860-3500 x 440 Hughes Bourne Kirwan Scott Lavergne Broker of Record Broker Sales Representative Sales Representative John Hughes Kwesi Bourne Sarah Kirwan Scott Lavergne • Broker Multi-family • Multi-family of Record •skirwan@synercapital.ca Multi-family up to • Sales Multi-family Broker Sales Representative Representative john@synercapital.ca kbourne@synercapital.ca slavergne@synercapital.ca Broker of Record Broker Sales Representative Sales Representative • john@synercapital.ca Industrial 12 860-3500 units •kbourne@synercapital.ca Land & Develop(613) 860-3500 x 400 (613) 860-3500 x 410 (613) x 420 (613) 860-3500 x 440 • Seniors housing skirwan@synercapital.ca slavergne@synercapital.ca john@synercapital.ca ment skirwan@synercapital.ca slavergne@synercapital.ca Commercial • (613) • Multi-family kbourne@synercapital.ca • Multi-family • M ulti-family • Multi-family 860-3500 x 400 (613) 860-3500 x 410 • (613) Office/Retail (613) 860-3500 x 420 860-3500 x 440 Leasing 860-3500 x 400 Office/Retail 860-3500 x 410 (613) • Industrial • (613) • Land & Development up to 12 units (613) • Seniors housing (613) 860-3500 x 420 860-3500 x 440 • Multi-family • Multi-family • Multi-family up to Multi-family • • Commercial Leasing • • Office/Retail •• • Office/Retail Multi-family Multi-family • Multi-family up to Multi-family • Industrial 12 units • Land & Develop• Seniors housing • Industrial 12 units • Land ment & Develop• Seniors housing • Commercial ment synercapital.ca • Synercapital Commercial • Office/Retail Brokerage. Leasing Investment Realty. • Office/Retail • Office/Retail Leasing • Office/Retail 1376 Bank Street, Suite 500. Ottawa, Ontario K1H 7Y3 613.860.3500
synercapital.ca synercapital.ca
Synercapital Investment Realty. Brokerage. Synercapital Investment Realty. Brokerage. 1376 Bank Street, Suite 500. Ottawa, Ontario K1H 7Y3 1376 Bank Street, Suite 500. Ottawa, Ontario K1H 7Y3
613.860.3500
613.860.3500 What our clients are saying about us
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HALDIMAND COUNTY
$78,888 Only minutes walking to the water of beautiful Fort Erie. Lot zoned residential over an acre of land. This lot is priced to sell and it is in a location or anticipated future building lots. Call today and get your offer in! “Selling Distinctive Lifestyles “ “Building Lot” minutes from Lake Erie and Beach with breathtaking views of nature’s finest. MLS #H3205662.
S $1,750,0 00
Beautifully 192 PLAINS ROAD EAST, on Plains maintained office BURLINGT Rd., Recep building, space on main floor, tion area, Board Excellent expos ON Kitchen, ure Large rear 3 separate offices room, Large open with frontag e landscaped. parking on lot, Whee 2nd floor, Finishconcept office lchair access ed basem Contact ent, ible, Profes Coldwell sionally Banker Integrity WILLIAM Real Estate Email: wdejo DEJONG Inc. ng@cbci.ca Broker | Phone: 289-291-50 HANEM or 68 Email: hham HAMOUD ouda@cbci.c A Sales Repres entative a | Phone : 416-4
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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)
For information call 1.800.268.0077 Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR
39
Colliers national 2019 retail market outlook More storm clouds than blue skies on the horizon for Canadian retailers.
T
he Canadian dollar has been between $0.70 US and $0.80 US fairly consistently since early 2015. The stability of this benchmark is good for both consumers and business, but as with so many things in economics, it is a double-edged sword. A stronger dollar would encourage shoppers to travel more and make shopping trips south of the border; but a weaker dollar makes goods produced abroad cheaper for retailers to purchase. Comparatively, over the last decade, the loonie is currently weak and dropping. 40
COMMERCIAL INVESTOR  |  Commercial Real Estate & Business Opportunities
February 2–March 2, 2019
Inflation is generally responsible for about two per cent of the increase in national retail sales volumes on a year-to-year basis, and the Bank of Canada adjusts its monetary policy attempting to hit that target. While the basket of goods that is used to calculate inflation includes food like fruits and vegetables, which are forecast by some to increase in price dramatically over the next year, the basket also includes food proteins and fuel for vehicles, which are both dropping in price. If inflation in 2019 appears to be tracking well below the two per cent target, the central bank may choose to lower rates, which would stimulate the retail sector. The continued growth of Black Friday as a marquee sales event in Canada should come as a surprise to no one. The surprise is perhaps how enthusiastically Canadian businesses have jumped on board – both retailers and non-retailers. Many companies are taking advantage of Black Friday deals to lock in capital expenses on big ticket items before the end of the calendar year and away from the holidays, and the frenzy around Boxing Day. The more we spend on Black Friday and Cyber Monday, the less we tend to spend on Boxing February 2–March 2, 2019
Day, “Boxing week”, and into January. The luxury retail market, which many have credited with propping up urban retail for the last decade, could be in for a tough 2019. The stock market’s historic rally is giving way to a very volatile, downward trending market, which could take the lustre off luxury retail. Online sales continue to grow, primarily at the expense of spending at Canadian shopping malls and department stores. Online behemoths like Amazon will claim a larger portion of Canadians’ wallets this year. While independent retail is still strong in many Canadian centres, secondary markets and the suburbs are where online retail has gained the strongest foothold. The one thing that is clear is that Canada is comprised of regional economies, and regions that are able to attract population growth irrespective of industrial or economic expansion will continue to see retail sales growth over and above inflation. If Canadians experience stagnant real incomes in 2019, 1.5 per cent inflation and the population grows by an expected 0.7 per cent, retail sales will top $622 billion next year, but year-over-year growth will be anemic, at only 2.2 per cent.
Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR
41
NIAGARA
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
NIAGARA SECTION COVERING: Niagara Falls Niagara-on-the-Lake St. Catharines Thorold
Welland Fort Erie Beamsville Fonthill Port Colborne
For advertising contact Yhanique Facey
Daphne Kua
1-866-536-2606 905-532-2606
1-866-532-2593 905-532-2593
Media Consultant
yhanique@mediaclassified.ca
Media Consultant
daphne@mediaclassified.ca
Niagara Peninsula “YOUR HOME, YOUR FUTURE, OUR COMMITMENT”
P O I R I E R R E A LT YG ROUP.COM CALL US TODAY!
DEVELOPMENT SITE
AMAZING INVESTMENT OPPORTUNITY
Rare find one of the few remaining build-able lots on St. Paul Street. This property is located in well established down town core, with two road frontages allowing for many possibilities. Prime location with 49’ of frontage offers public transit and easy highway access. Land assembly available with westerly property.
To own a well established business location on 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.
$399,000
AVAILABLE FOR SALE OR LEASE Sale price is $1,295,000 & lease price is $8.00/sq.ft.
DIRECT
905-531-4147
FRONTAGE FOR LEASE
EXCELLENT RETURN
Amazing opportunity to purchase in Fantastic opportunity to own a this rapidly growing area of Hamilton. multi-use investment property. 1/2 Acres site offers great potential Large commercial space on for development located across the main floor allows for a wide street from “The Center on Barton”. Excellent exposure to public with variety of businesses to 3 road frontage and easy access operate with steady flow of from major highways. City grants traffic and fronting onto King and programs are available for street. Second level consist development. Public transit with the of 3 apartments that are fully LTR planned to stop not far up the street. Great opportunity to lease rented with separate entrance. large to small square footage in $289,900 east end of Hamilton. $2,495,000 or leases starting as low as $2.00/sqft. For sale or lease call for details!!
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 February 2–March 2, 2019
Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR
43
Niagara Peninsula
IWG shared office and coworking space provider opens new locations
I
WG plc, an Amsterdam-born creative workspace and global operator of shared office areas, through its companies Spaces and Regus, is expanding in eight Canadian cities, including Toronto, Kitchener and Barrie. In total, IWG will add a workspace footprint of 375,000 sq. ft. in 2019, up by 300 per cent from the space added in 2018.
“Canada is quickly establishing itself as a leader in the global shift towards flexible and collaborative workspaces,” says Wayne Berger, CEO, IWG Canada and Latin America. “Our Canadian expansion is about offering choice through an unparalleled network of office, co-working and meeting spaces. It’s also about bringing together creative communities and growing in the most stunning and unique buildings in the country. We are transforming neighbourhoods and believe our new workspaces will be pillars of innovation and inspiration in cities for years to come.” Some current announced deals and openings: SpaceS propertieS • Spaces Gladstone (11 peel avenue, toronto) ~26,000 sq. ft. THE BRICK REALTY LTD. BROKERAGE 4681 Ontario Ave., Niagara Falls, ON L2E 3R1 1.855.357.9700
In the heart of West Queen West, this new development will feature an artfully landscaped street-level courtyard and a variety of retail amenities. Opening November 2019. • Spaces St. clair (2 St. clair avenue West, toronto) ~25,000 sq. ft. In Toronto’s Midtown district, Spaces will open on the podium floor and will have a 2,000 sq. ft. rooftop patio. Opening December 2019. • Spaces North York (5200 Yonge Street, toronto) ~40,000 sq. ft. Featuring floor-to-ceiling glass podium with towering ceilings, Spaces will take over three floors with a rooftop patio in a new residential, commercial and retail development. Opening November 2019. • Spaces Liberty Village (80 atlantic avenue, toronto) ~20,000 sq. ft. The building will have exposed mass timber columns and beams with cross-laminated timber ceilings. Opening October 2019. • Spaces the Well (460 Front Street West, toronto) ~127,000 sq. ft. Situated within The Well complex, this will be the largest North American Spaces location to date. Opening 2022. reGuS propertieS • Kitchener (22 Frederick St., Suite 700, Kitchener) ~8,000 sq. ft. Opened October 2018 • Barrie (49 High St., Barrie) ~8,000 sq. ft. Opening December 2019.
Angelo D’Onofrio SALES REPRESENTATIVE
DIRECT
905.984.7950 | angelo-donofrio@coldwellbanker.ca
$1,495,000
$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 44
COMMERCIAL INVESTOR | Commercial Real Estate & Business Opportunities
February 2–March 2, 2019
Niagara Peninsula
Jack Huitema Broker of Record
905.774.7624
Wainfleet • 150 Acres Market Garden Land
220 Broad Street East, Dunnville, ON N1A 1G2 Each Office Is Independently Owned & Operated
Dunnville
DUNNVILLE 65 ACRE
Residental 4-plex
PARCEL OF PRIME AGRICULTURAL LAND 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.
Buildings and trees all cleared. Systematically tile drained. Highway frontage. Build your dream home here. Call Jack for details!
Fully occupied. Good Income. Gross Rental 2018 - $32K. 2 2 bdrm and 2 - 1 bdrm units. Separate utilities. Short walk to schools, downtown restaurants + shopping. For more information call Jack.
www.coldwellbanker.ca
An animal lovers dreAm come true property & business opportunity! Purchase price includes Fetch Me Later brand, established clientele and award winning dog boarding, grooming and daycare facility. This is a chance to live on an exceptional five acre parcel in prime Pelham location in a gorgeous and spacious character home. Work where you live with a lucrative turn-key well established business to pay all the bills! It just keeps getting better and better as this property also offers paddock area
Melissa Thornton
and room for three horse stalls. The main house is lovely and features 4 bedrooms, master with ensuite, outstanding great room with vaulted ceilings, bright kitchen, formal dining room, living room and family room. Wrap around porch and in-ground pool (7-yr old liner) are perfect for outdoor entertaining and relaxing. This outstanding property is the complete package wrapped up and waiting for you!
GreAt New Price
S a l e S p e r S o n
Peak Performers Realty Inc. Brokerage
905.732.8393 melissathornton.ca
www.facebook.com/melissathornton.ca February 2–March 2, 2019
Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR
45
BUSINESS INVESTORS
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
BUSINESS INVESTORS
The perfect place to list all of your businesses opportunities
For advertising contact Yhanique Facey
Daphne Kua
1-866-536-2606 905-532-2606
1-866-532-2593 905-532-2593
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yhanique@mediaclassified.ca
Media Consultant
daphne@mediaclassified.ca
MORTGAGE LENDING: Real Estate Investing MORTGAGE LENDING:Without the Headaches! MORTGAGE LENDING:Without the Headaches! Real Estate Investing Real Estate Investing Without the Headaches! Let’s imagine it’s three o’clock on a dark winter morning. You own a small residential triplex. Suddenly your phone rings; it’s oneit’s of three your tenants calling to winter informmorning. you that You there’s a leak from the apartment above it’s Let’s imagine o’clock on a dark ownbeen a small residential triplex. Suddenly yourand phone pouring cold down into room. getting youfrom lookthe up apartment and Suddenly call theabove number ofit’sa Let’s it’s three o’clock on atheir dark winter morning. own a small residential triplex. yourand phone rings;imagine it’siceone of water your tenants calling toliving inform you Frantically that You there’s been aup, leak plumber with aof24-hour emergency line. As the phone rings, yougetting begin toleak count up the inabove your head… rings; it’sice one your tenants calling toliving inform you Frantically that there’s been aup, apartment andofit’sa pouring cold water down into their room. youfrom look updamages and call the number pouring water down into their room. Frantically you look updamages and call the number of a plumber ice withcold a 24-hour emergency line.living As the phone rings, yougetting begin up, to count up the in your head… This is anwith all atoo plausible scenarioline. many investment property owners at one point or head… another. plumber 24-hour emergency As the phone rings, you begin to can countrelate up thetodamages in your Unquestionably, an active real estate has property many advantages and relate rewards it does an This is an all toobeing plausible scenario many investor investment owners can to however, at one point or entail another. ongoing from the property owner that comes withadvantages itsowners headaches. This is ancommitment all toobeing plausible scenario many investment can to however, at one point or entail another. Unquestionably, an active real estate investor has property many and relate rewards it does an Unquestionably, being an active real estate investor has many advantages and rewards however, it does entail an ongoing commitment from the property owner that comes with its headaches. Now let’scommitment imagine investing in property real estate, but having zerowith responsibility for the day to day operations of being a ongoing from the owner that comes its headaches. landlord, renovator, etc.but A cheque literally being deposited accountofwhile youa Now let’sproperty imagine manager, investing in real estate, having iszero responsibility for the into day your to daybank operations being sleep. Thisproperty soundsmanager, pretty great. If you are individual thatbeing may not have orbank desire to participate ina Now let’s imagine investing in real estate, having responsibility for thethe daytime to day operations ofwhile being landlord, renovator, etc.abut Abusy cheque iszero literally deposited into your account you active estate or are considering some diversification your existing portfolio, passive real estate landlord, manager, renovator, etc.aAbusy cheque is literally deposited into yourorbank account while you sleep. real Thisproperty soundsinvesting, pretty great. If you are individual thatbeing maytonot have the time desire to participate in investing may be a great alternative investment approach for you to consider. There are many types of passive real sleep. This sounds pretty great. If you are a busy individual that may not have the time or desire to participate in active real estate investing, or are considering some diversification to your existing portfolio, passive real estate estate investing, mortgage lending is one ofapproach the most desirable options Think itreal as one of active real estate or are considering some diversification to your among existing portfolio, passive estate investing may be but ainvesting, great alternative investment for you to consider. There investors. are many types ofofpassive real the theinvesting, closest ways to invest inlending realinvestment estate, actually owning the property investing may be a great alternative for you to consider. Thereyourself. are many types estate but mortgage is onewithout ofapproach the most desirable options among investors. Thinkofofpassive it as onereal of estate investing, but mortgage lending is one of the most desirable options among investors. Think of it as one of the the closest ways to invest in real estate, without actually owning the property yourself. So, what exactly is mortgage lending? Well, it’s essentially “being the Bank”. You (taking the position of the Bank), the the closest ways to invest in real estate, without actually owning the property yourself. will lend exactly your funds to another person borrower), and in return your investment will position be secured that So, what is mortgage lending? Well,(ait’s essentially “being the Bank”. You (taking the of theonBank), borrower’s property astoa another mortgage. NotWell, only do you haveand a“being real protecting investment, but of you also So, is mortgage lending? essentially the Bank”. Youyour (taking the thewill will what lend exactly your funds person (ait’s borrower), in asset return your investment will position be secured onBank), that earn a generous and predictable return for the period of time that your funds are invested. will lend your funds to another person (a borrower), and in return your investment will be secured on that borrower’s property as a mortgage. Not only do you have a real asset protecting your investment, but you will also borrower’s property a mortgage. Not for onlythe doperiod you have a real asset investment, but you will also earn a generous andas predictable return of time that yourprotecting funds areyour invested. How this work? They key toreturn a lucrative is finding a brokerage to work with that earn adoes generous and predictable for thecareer periodinofmortgage time thatlending your funds are invested. you trust buildThey a long-term with.inWorking with a brokerage thata has a proven of Howcan does thisand work? key to a relationship lucrative career mortgage lending is finding brokerage to track work record with that facilitating mortgage investments very important toinWorking averting risk. How does this work? They key to is a relationship lucrative career mortgage lending is finding brokerage to track work record with that you can trust and build a long-term with. with a brokerage thata has a proven of you can trust and build a long-term relationship with. Working with a brokerage that has a proven track record of facilitating mortgage investments is very important to averting risk. Next, eachmortgage mortgageinvestments investmentisisvery unique. It is to imperative that you review all of the pertinent information facilitating important averting risk. regarding investmentinvestment opportunity, as theIt Bank would review decide information to lend to a Next, eachanmortgage is just unique. is imperative that an youapplication review allbefore of thethey pertinent borrower. You, as a lender, will review theasproperty details, and information thedecide borrower suchtoasa Next, eachan mortgage investment is just unique. is imperative that an you review allbefore ofabout thethey pertinent information regarding investment opportunity, theIt Bank wouldappraisal review application to lend their creditan score, worth andreview income. When decide toappraisal invest inanand aapplication mortgage, you willthey commit to lending your regarding investment opportunity, just asproperty theyou Bank would review before to lend toasa borrower. You, as net a lender, will the details, information about thedecide borrower such funds for aYou, specified time period; typically, between 1-3 to years. A in lawyer will be you responsible the borrower. as net a lender, will the property details, appraisal and information about the for borrower such as their credit score, worth andreview income. When you decide invest a mortgage, will commit tomanaging lending your closing process, collecting for the loan, registering the mortgage the property. their net worth andfunds income. When youand decide invest a mortgage, will commit lending your fundscredit for ascore, specified time the period; typically, between 1-3 to years. A in lawyer will on be you responsible fortomanaging the funds for a specified time period; typically, between 1-3 years. A lawyer will be responsible for managing the closing process, collecting the funds for the loan, and registering the mortgage on the property. closing process, collecting the funds for the loan, and registering the mortgage on the property.
Pro Funds Mortgages
I 3410 South Service Rd. Suite G5, Burlington, Ontario L7N 3T2 I 1.888.330.3866 I info@profunds.ca I www.profunds.ca
Pro Funds Mortgages Pro Funds Mortgages
47 I 3410 South Service Rd. Suite G5, Burlington, Ontario L7N 3T2 I 1.888.330.3866 I info@profunds.ca I www.profunds.ca I 3410 South Service Rd. Suite G5, Burlington, Ontario L7N 3T2 I 1.888.330.3866 I info@profunds.ca I www.profunds.ca
MORTGAGE LENDING: Real Estate Investing Without the Headaches! MORTGAGE LENDING: Real Estate Investing Without the Headaches!
So, what are the benefits of mortgage lending? Well for starters, the returns! Typical mortgage lending rates for First Mortgages are 7%-10% per annum, where Second Mortgages often pay between 10-14% per annum. These returns are paid to investors on a monthly basis, so it is a great vehicle for those looking for cash flow! As also So, what aremortgage the benefits of mortgage lending? Well for starters, for the those returns! Typical lending for discussed, lending makes for a fantastic investment that have mortgage full time jobs or rates full time First Mortgages 7%-10% per annum, Mortgages often between 10-14% per annum. These obligations and are don’t have the time or where energySecond to undertake active realpay estate ventures. Mortgage lending is returns are paid to investors on a monthly basis, so it is a great vehicle for those looking for cash flow! As also passive, so you can invest and continue to go about your daily routine without the hassle or worry of active discussed, mortgage lending makes forbenefit a fantastic investment for isthose that have full time jobs or full time management. And finally, another huge to mortgage lending the security of these investments! Having obligations have the provides time or energy to mind undertake active real estate ventures. lending is real propertyand as don’t your collateral, peace of to many investors that want to feelMortgage comfortable in their passive, so decisions! you can invest and continue to go about your daily routine without the hassle or worry of active investment management. And finally, another huge benefit to mortgage lending is the security of these investments! Having real property your collateral, provides peacemortgage of mind to many investors thatcan want to feel acomfortable in their To learn moreasabout the benefits of passive lending, or how you become private mortgage investment decisions! lender, contact info@profunds.ca
MORTGAGE LENDING: Real Estate Investing Without the Headaches!
So, what are the benefits of mortgage lending? Well for starters, the returns! Typical mortgage lending rates for To learn more about the benefits of passive mortgage lending, or how you can become a private mortgage First Mortgages are 7%-10% per annum, where Second Mortgages often pay between 10-14% per annum. These lender, contact info@profunds.ca returns are paid to investors on a monthly basis, so it is a great vehicle for those looking for cash flow! As also Pro Funds Mortgages (Lic #12051) discussed, mortgage lending 3410 South Service Road, Suite G5 makes for a fantastic investment for those that have full time jobs or full time Burlington, Ontario, L7N 3 T2 obligations and don’t have the time or energy to undertake active real estate ventures. Mortgage lending is Tel: 1.888.330.3866 passive, so you| www.profunds.ca can info@profunds.ca Pro Funds Mortgages (Licinvest #12051)and continue to go about your daily routine without the hassle or worry of active 3410 South Service Road, Suiteanother G5 management. And finally, huge benefit to mortgage lending is the security of these investments! Having Burlington, Ontario, L7N 3 T2 real property as your collateral, provides peace of mind to many investors that want to feel comfortable in their Tel: 1.888.330.3866 info@profunds.ca | www.profunds.ca investment decisions!
Pro Funds Mortgages Pro Funds Mortgages
To learn more about the benefits of passive mortgage lending, or how you can become a private mortgage lender, contact info@profunds.ca
Pro Funds Mortgages Pro Funds Mortgages (Lic #12051) 3410 South Service Road, Suite G5 Burlington, Ontario, L7N 3 T2 Tel: 1.888.330.3866 info@profunds.ca | www.profunds.ca
Pro Funds Mortgages
I 3410 South Service Rd. Suite G5, Burlington, Ontario L7N 3T2 I 1.888.330.3866 I info@profunds.ca I www.profunds.ca
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Pro Funds Mortgages
I 3410 South Service Rd. Suite G5, Burlington, Ontario L7N 3T2 I 1.888.330.3866 I info@profunds.ca I www.profunds.ca
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Mazhar Roshan Sales Representative
905.929.9800 647.609.9463 905.574.6400
Direct
HomeLife Professionals Realty Inc.
BROKERAGE
GTA Direct Office
mazharroshan@sympatico.ca
I have qualified buyers for up to $5M in commercial and investment buyers. Call for details.
PLAZA LOCATION
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.
Plaza location, 3310 sq.ft., Retail office, commercial space in highly growing neighborhood of stoney creek mountain. Tenants include Tim Horton’s, Esso, Gino’s pizza, Ovandale, animal hospital, doctors and others. Very low rent and long lease. Immediate possession available. Call for more details.
18 ACRES OF LAND
53 ACRES OF LAND
Across from new proposed Hospital in Niagara Falls off exit # 21 of QEW. Land has 1900 ft frontage. Great potential for future development. Call Mazhar Roshan for more details.
Off exit # 21 QEW minutes away from new proposed hospital. Good for future development or investment. Land has 1800 ft frontage on QEW. 2400 ft on Marshall Road and 1200 ft on Willodell Road. Currently leased to a farmer. For more details call Mazhar Roshan.
FOR LEASE
HAMILTON
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PRICE REDUCED - $599,000
PIZZA STORE
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.
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.
BURLINGTON FOR LEASE
UPPER WENTWORTH - HAMILTON
2000 sq. ft. on lower level for storage.
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
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Colliers International Niagara Ltd., Real Estate Brokerage 82 Lake Street, Suite 200, St. Catharines, ON L2R 5X4 www.collierscanada.com 905-354-7413 411 East MaIN strEEt, WELLaNd
ChIppaWa CrEEk road, NIagara FaLLs
3790 LakEshorE road, CaMLaChIE, oN
The former Welland City Hall, this multi tenanted institutional building is centrally located in Welland along East Main Street, a major commercial trade artery through Welland’s downtown. This well maintained property boasts ample on site parking and CC2 – Community Commercial Corridor zoning. Excellent East Main Street exposure, centrally located in busy commercial trade area. Two storeys plus full finished basement. offered at $999,000.00 Contact Mike Halliday & david fulton, sales representatives mike.halliday@colliers.com | david.fulton@colliers.com
Two parcels being sold together: +/-32.862 acres and +/-14.845 acres. Taxes $5991 are total annual 2018 for both parcels combined.
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 overnight guest suites, an extensive food, beverage & banquet facility, and fitness room. It also features an attractive outdoor salt water pool with its own lounging area & a separate Pro Shop facility 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
575 & 625 garrIsoN road, Fort ErIE
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 $4,335,000.00 Contact gregory Chew, sales representative greg.chew@colliers.com
Together, both sites make up the largest retail development site in Fort Erie with excellent frontage along Garrison Rd. Municipal services available. Many Permitted Uses including: Hotel, Retail, Restaurant and Department Store. Easy access to Q.E.W. and U.S. Border. Daily Traffic Count of 13,000 (2015). Land has been cleared and is ready for immediate development. Sites are available separately. offered at $2,786,000.00 Contact gregory Chew, sales representative greg.chew@colliers.com
1156 CoNCEssIoN #6, NIagara oN thE LakE
630 MaIN st. East, haMILtoN
4807 vICtorIa avE., NIagara FaLLs
offered at $1,250,000.00 Contact Mike Halliday & david fulton, sales representatives mike.halliday@colliers.com david.fulton@colliers.com
FrEE parkINg
Fully licenced Estate Winery available, situated on +/- 20 acres. Farmed since 1971. Approximately +/-14 acres of Riesling and 4 acres Baco Noir. Manufacturing & VQA licences would need to be approved for transfer. Well maintained concrete & steel clad building housing the wine tasting bar & retail boutique. offered at $4,199,900.00 Contact ralph roselli, sales representative ralph.roselli@colliers.com
Brokerage appraisals ManageMent
Professional office building with high end rentals above. Very clean. Available immediately. LTR route. New 2 way traffic coming soon. Common area bathrooms. Utilities extra. Fully renovated, just needs your colours. Plenty of on site parking. offered at $10.00 psf net Contact ralph roselli, sales representative ralph.roselli@colliers.com
+/-2,000 sq. ft. mechanics garage, used car dealership available for sale, includes 4 bays with 3 hoists. High traffic volume at the corner of Victoria Ave, and Valley Way. Taxes to be verified. offered at $525,000.00 Contact ralph roselli, sales representative ralph.roselli@colliers.com
Accelerating success.
Global leadership in real estate solutions.
“Information contained herein has been obtained from the owners or from other sources deemed reliable. We have no reason to doubt its accuracy but regret we cannot guarantee it. All properties subject to change without notice.”
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1882 Niagara StoNe road, Niagara oN the Lake offered at $24.00 pSf/N/N/N
L ai Nt t re me w op Ne veL de
+/-1500 sq. ft. to +/- 4,500 sq. ft. retail units, different configurations available to suit your needs. Ideal location on a major thoroughfare (Hwy. 55) in the town of Niagara on the Lake. Leaseholds negotiable. Many permitted uses under zoning. DRIVE THRU POTENTIAL. Current tenants include Simpson’s Pharmacy, Professional Medical Clinic & Family Health Team. Ample on-site parking. Garden terrace. TMI (est. $8.00 psf) to be verified. Utilities extra.
900 heLeNa Street, fort erie New iNduStriaL deveLopmeNt
Will Build to Suit. Artist rendition, with approved site plan. Industrial park ready for development with many uses. Phase 1 is ready to commence. Multi tenanted or free standing buildings. Close to US border, Peace Bridge. Easily accessible. Truc assessibility, large turning, power and city services. Rates and terms to be negotiated. 51
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
• Tax Rebate • Tax Resolution • Tax Optimization Andrew Ku
CPA, CA Licensed Public Accountant
52
Hesham ElZoghby Broker 647 705 2620 h.elzoghby@akarat.ca
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
ROB MCDONOUGH SALES REPRESENTATIVE
TEAM
Dir: 416-294-3157 • Off: 905-936-3500
ROB@ROBMCDONOUGH.CA • WWW.ROBMCDONOUGH.CA
TOTTENHAM
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ADDITIONAL LAND PACKAGES AVAILABLE NE W
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Chay Realty Inc. Brokerage
ALLISTON
ALLISTON 6220 3rd Line, Tottenham Tottenham Investment Land of 105 Acres Close To New Housing Developments in South Tottenham. House, Barn and Workable Land. $4,000,000. RobMcDonough.ca
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6900 12th Line, Alliston Alliston Pre-Developement Land. 108 Acres Presently Workable Farmland surrounded by Housing Developer Owned Lands. $4,500,000. RobMcDonough.ca
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6172 13th line, Alliston Alliston.Developers, Investors and Farmers. Take Note Of The Close Proximity Of Briar Hill Development District To This 96 Acres Corner Lot $4,500,000. RobMcDonough.ca
IN G
6768 5th line, Tottenham Tottenham Investment Land 173 Acres Abutting Employment Lands With Nat Gas, Sewer and Water Connections At The Road. $10,000,000. RobMcDonough.ca
Tottenham Investment Land 173 Acres Alliston 145 Acres Situated Amongst Developers/Investors, This 96 Acres Of Abutting Employment Lands With Nat Gas, Developer Owned Lands 1 Lot South Of Draft Land Abutts Draft Approved Commercial/ Sewer and Water Connections At The Road. Approved Commercial/Industrial Zoning. Two Industrial Lands In Alliston. $6,000,000. 6275 7th Line, Beeton 6368 3rd Line, Tottenham Sideroadand 10, Alliston 6426-6440 13th Line, Alliston $10,000,000. RobMcDonough.ca RobMcDonough.ca Residences, half Workable, Plus4444 Woodlot Alliston Equestrian Farm Investment Close To Briar Hill Perfectly Located Between The Growing Towns Of Beeton and Tottenham Investment Property of 50 Acres Plus A House, Developers/Investors. This Land Abuts Draft Approved River. $6,000,000. RobMcDonough.ca Housing Development. Century Home, Barn, Drive Sheds, Tottenham. This 62 Acre Parcel Of Vacant Land Is Ideal For A Barn & Pond located Close To New Housing Developments Commercial/Industrial Lands In Alliston. $6,000,000. Farm Or Dream Home Build. $2,400,000. RobMcDonough.ca
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in South Tottenham. $2,000,000. RobMcDonough.ca
Stalls and Paddocks. Adjacent 96 Acres For Sale Separately. $1,500,000. RobMcDonough.ca
ALLISTON
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TOTTENHAM
4062 Line 9, Bradford
9105 West River Road, Hockley
Exclusive Listing
2705 Concession Road 2, Adjala
This 50 acres is just 4 Lots Outside Of The Bradford Employment Lands That Are Minisrty Designated To Convert To Commercial Zoning. $3,000,000. RobMcDonough.ca
Hockley 3 BR Bungalow On Private 1.65 Acres With Separate In-Law/Rental 1 Bedroom Apartment plus Full Basement $725,000. RobMcDonough.ca
Exclusively Listed Country All Brick Bungalow 3+2BR In South Adjala On Just Over 1/2 Acre Of Privacy Among Larger Farm Properties. W/Out Basement Is Partially Finished. $489,000. Rob McDonough.ca
Hockley 50 Acres Of Clear and Wooded Privacy With A Large Pond. House Could Be Re-Built or Build Your New Dream Home. $799,000. RobMcDonough.ca
Alliston.Developers, Investors and Farmers. Take Note Of The Close Proximity Of Briar Hill Development District To This 96 Acres Corner Lot/ $4,500,000. RobMcDonough.ca
Alliston Pre-Developement Land. 108 Acres Presently Workable Farmland surrounded by Housing Developer Owned Lands. $4,500,000. RobMcDonough.ca
BRADFORD
BEETON
1717 County Rd. 50, Adjala
5954 12 Line, New Tecumseth
Country Custom Built Mansion of over 7,000 square feet of Opulence on 50 Acres. Ideal For Extended Family, Horse Farm Or Private Estate. $3,149,000. RobMcDonough.ca
Potato Farm Land of 93 Acres Partially Tiled With An Irrigation Permit Close To Alliston In The Heart Of The Growth Area Between Beeton & Alliston.$1,995,000. RobMcDonough.ca
Tottenham Investment Land of 105 Acres Close To New Housing Developements in South Tottenham. House, Barn and Workable Land. $4,000,000. RobMcDonough.ca
5099 14th Line, Cookstown
Developers/Investors/Farmers/Dreamers This Is Your 100 Acre Property Sitting High Up With Views To The South For Miles With Workable Land, Trees and Pond. $1,495,000. RobMcDonough.ca
3951 Concession Rd. 4, Loretto TOTTENHAM
Loretto Farm Land/Building Lot 100 Acres With Nottawasaga River Running Thru The Middle making it divisible into two Lots of 65/35 Acre. Great Location! $1,195,000. RobMcDonough.ca
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488454This 30th Sdrd, Mono Is Outside Of The 6989 12th Line, Alliston Concession Rd. 3, Adjala 6947 11th Line, New Only 4 Lots 50 Acres Perfectly Located Between The3049 Growing Towns Tottenham Investment Property ofTec 50 Acres Family & Business Set Up Ready To Go on Escape to Hockley Valley, Private Wooded 10 Acres, 4 BR Hobby Horse Farm. Cute & Cozy Home Is A Perfect Fixer Bradford Employment Lands That AreCountry Minisrty Of Beeton and Tottenham. This 62 Acre Parcel Plus A House, Barn & Pond located Close 2.6 Acres With Total Privacy On A Paved Road With Home With In-Law Suite, Pond, River, Sauna, & Bunkie. Upper on 2.5 Acres.. Large Barn & Drive Shed w/13 Stalls GasZoning. Access. $829,000. RobMcDonough.ca McDonough.ca and 4 Paddocks. $479,000 RobMcDonough.ca Designated To Convert To Commercial Of Vacant Land Is Ideal $799,000. For A Rob Farm Or Dream To New Housing Developements in South $3,000,000. RobMcDonough.ca Home Build. $2,400,000. RobMcDonough.ca Tottenham. $2,000,000. RobMcDonough.ca
Hill Top Hobby House Farm With The Complete Package Of Timber Frame House, New Built Horse Barn, Paddocks & Pond. $1,249,000. RobMcDonough.ca
ALLISTON
ALLISTON
ALLISTON
Potato Farmland Of 93 Acres Partially Tiled With Irrigation Permit. Close To Developer Owned Land In The Growth Area Between Beeton & Alliston. $1,995,000. RobMcDonough.ca
Alliston Equestrian Farm Investment Close To Briar Hill Housing Development. Century Home, Barn, Drive Sheds, Stalls and Paddocks. Adjacent 96 Acres For Sale Separately. $1,500,000. RobMcDonough.ca
Developers/Investors/Farmers/Dreamers, This Is Your 100 Acre Property Sitting High Up With Views To The South For Miiles With Mostly Workable Land, Trees, and Pond. $1,495,000. RobMcDonough.ca 53
Douglas McNaughton Sales Representative
A.P.A. (Can), I.C.I.A., R.P.A.
Commercial Division • Professional Real Estate Consultant • Registered Professional Accountant
Phone: 905.397.2980 Cell: 905.397.2980 dbm@NiagaraCommercialGroup.com
$1,200,000
$1.5M - Turnkey
Business and Land For Sale
REDUCED PRICE. OWNER’S RETIRING WILL LOOK AT ALL OFFERS. For over four decades, this iconic restaurant has been to St. Catharines what 5-star restaurants the world over has been to their cities. The Business has focused on maintaining the restaurants sterling reputation as the premier of fine dining. The ultimate dining experiences. Price is at the Real Estate Value only Restaurant is free.
Exclusive, Port Colborne
St. Catharines
Restaurant and Building For Sale MUST BE SOLD! WILL LOOK AT ALL OFFERS! Possession available immediately. Units are 100% rented. Secure mini storage facility with 116 units in 3 convenient sizes and surplus land to triple the units. Always at capacity.
$3,250,000
21 Scott Street, St. Catharines
$795,000
1776 Allanport Road, Thorold
404 Ontario Street, St. Catharines
Industrial Site For Sale Great Invest Package Just Reduced to $3.25M. Exceptional Fortune 500 opportunity in St. Catharines 5% Cap Rate. Attractive VTB. 404 Ontario Street and 21 Scott Street are significant footprints of the combined properties package offered @ $3.25 M.
$125,000 – Including inventory 109 Martindale Road, St. Catharines
HUGE PRICE REDUCTION, BOARD OF DIRECTORS WANT IT SOLD! Either purchase or lease this fuel blending facility on ±6.08ac with 12 vertical and 1 horizontal storage tanks with a total capacity of a ±1.1 M liters’ along with the related piping and value. The TSSA license is to operate a Bulk Plant (Medium) >350,000 L to 2,300,000 L. Zoned DI - Dry Industrial.
$18.00/psf
2705 Hwy 20, Fonthill
For Lease, Occupancy Fall 2019, Huge Incentives! Business For Sale on Leased Premises MUST BE SOLD FOR HEALTH REASONS SUBMIT ALL OFFERS. Take out Pizzeria for sale, in a high-density residential area. Located on the corner of a main arterial road, Martindale Road. Highly visible corner site in a small plaza with the other tenant being Avondale. The owner’s story stems back to father’s great pizza, and now the Seller brings it to the public. New owner can greatly extend the hours and opportunity.
WELCOME TO CANBORO COMMONS! OCCUPANCY SCHEDULED FOR THE FALL OF 2019. Why not start with fresh lease space tailored to your needs and wants. Exceptional Retail, Office, Professional and Medical flex, multi-use space in an iconic classic modern designed building. The location is exceptional also at Cataract Road and Canboro Road (Hwy 20) at the entrance to historic Fonthill. Wonderfully landscaped with park like setting, pond, gazebo, picnic area with Swans expected. Sizes range from ±2,500 sf to ±13,000 sf over two buildings. Generous TI’s up to $25.00 psf fixturing, moving, relocation and LHI’s.
HEAD OFFICE: 33 Maywood Avenue, St. Catharines, Ontario, L2R 1C5 DOWNTOWN OFFICE: 81 St. Paul Street, St. Catharines, Ontario, L2R 3M2 54
“WE PRODUCE RESULTS”
FREE CMA EVALUATION with this ad cut out LAND DEVELOPMENT / INVESTMENT BUY & HOLD FUTURE
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
1917_DJW_4_0001
1045 & 1049 MCDOWELL ROAD EAST, NORFOLK MLS # H4029395
1917_DJW_4_0001 FOR LEASE ONLY $2,258.88 / MONTH PLUS T.M.I. IN BURLINGTON, ON
• 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
BUY/HOLD INVESTMENT APPROX. 10% CAP1917_DJW_4_0001 RATE SE E TO V IRT UR U PI C A L S
$2,258.88 / MONTH + T.M.I MLS # H4035471 Attractive commercial condo, idea 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 small rooms with sinks, plus an additional rough in, also includes a full basement.
99 CLINTON STREET, HAMILTON
1917_DJW_4_0001 SE
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$428,888
MLS # H4018642
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. 1917_DJW_4_0001 RETAIL WITH BUILDING UNDER 10,000SQ.FT. SEASONAL COMMERCIAL
TIR
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$588,888.00 MLS # H4029376 Asking Price: SPECIAL $699,888.00 Industrial / Commercial property. Size of building: APPROX. 5000 SQ.FT. IRREG. Lot Size: 0.22 Acre 110’ Frontage x 100.00’ feet depth. Zoning: “K” industrial / commercial. Taxes $11,440.00. Exclusive listing.
MLS # H4033616
Mini- Putt and building was used for hot dogs / ice cream sales etc. High Density / High Visibility from Hwy 3 in Beautiful “ Cayuga, Ont.,” 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.Only $ 588,888.00 MLS # H4033616
UNIT 317 - 1100 SOUTH SERVICE RD., STONEY1917_DJW_4_0001 CREEK W
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$368,888 $418,000 New listing. Investors delight. Executive office space with beautiful views of Lake Ontario. Approx. 1850 sq. ft. Call LBO to view. MLS #H4018728.
415 #6 HWY S HAGERSVILLE
1917_DJW_4_0001
8 ,88 ARM 08 $6 EW F IAL! T N PEC HO 18 S 20
Buy and hold investment opportunity. Fantastic agricultural property consisting of 30+ acres with two out buildings that can be used for multiple storage. Property has a possible severable lot, with possibility for commercial zoning as well. Home is being sold “AS IS. MLS #H4018581. Vendor will consider V.T.B. mortgage. 55
30
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Pro Funds Mortgages #12051 • 3410 South Service Rd. Burlington, Ontario L7N 3T2