Featuring: Commercial•Industrial•Franchise+Business Opportunities
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August 31–September 28, 2019 Volume 19 | Issue 9
Full Coverage Area Including: London • Kitchener • Niagara Falls • Hamilton • Toronto • Ottawa LARGE AND SMALL APARTMENT BUILDINGS WANTED D TE AN W
D E T N WA
5470 Harvester Road
W AN TE D
SOLD BY WINCORP REALTY INC. • Large and Small Apartment Buildings anywhere in Ontario • Have many CASH Buyers ready to invest NOW • Specializing in multi-residential sales for over 40 years • References supplied • Confidentiality guaranteed CONTACT: WINSTON DAVIES, BROKER OF RECORD WINCORP REALTY INC. REAL ESTATE BROKERAGE GUELPH, ON TEL: 519-836-2080 EMAIL: wjmdavies@rogers.com
$5,780,000
A rare opportunity to own a free standing building fronting on Harvester Road just west of Burloak For more information: Michael Babbie Sales Representative Cell: 647-272-5899 Email: mbabbie@cbci.ca
Michael Schuler Senior Vice President & Partner Cell: 416-274-7467 Email: mschuler@cbci.ca
$1,588,888 | MLS# H4048023
6-214-4875 41
Check daily for new real estate opportunities or you can be missing doing business. WORLD REAL ESTATE INFORMATION LISTING SERVICE.COM
www.wreils.com
Free to Search 75% exclusive Everyone can search within 5 seconds
ICIWorld.com iciworld.mobi All Mobile Devices Install The ICIWorld App
Selling “Distinctive Lifestyles” A Must See !!! Truly an artist’s tranquil dream location with amazing settings in all seasons. They all have amazing nature at its finest. Transform the gorgeous and elegant yoga studio into an art studio and just start painting!! You will love the heated floors and oversized views. CONTACT: PAuL J. SzOSTAk, BROkER RE/MAX REAL ESTATE CENTRE INC., BROkERAGE TEL: 905.333.3500 EMAIL: stakteam@gmail.com
201–8 Sampson Mews Toronto, Ontario, M3C 0H5 416–979–0333
THE REAL ESTATE CENTRE FOR SALE
FOR SALE
FOR SALE
1212 CANNON STREET E. HAMILTON, ON
1 2 COLBORNE STREET ORILLIA, ON
54 TIMMINS CRESCENT CHATHAM, ON
• Located in the heart of Hamilton historic district • 8 Unit multi-residential building • Huge opportunity for upside growth • Net operating income of $64,397 • Newly renovated units with new flooring, cabinetry, appliances, counter tops • Unit mix 8 two bedroom units • Exterior includes new windows and main entrance • Walking distance to restaurants, supermarkets, shops +
• Located on the North side of Colborne Street, East of West Street N • 18 Unit turn-key multi-residential building • Net operating Income of $199,833 • Newly renovated main floor with new flooring, cabinetry, appliances, counter tops • New self-contained heating & air units • Exterior include newer windows, doors, balconies, railings • Consists of 7 - 2 bedroom units & 11 - 1 Bedroom units • 0.4 of a km from newly developed Matchedash Lofts • Walking distance to restaurants, supermarkets, shops +
• 12 unit multi-residential building • Estimated net operating Income - $51,890 • Located just minutes to downtown Chatham, • Surrounded by a host of amenities. • Approximately 20 dedicated parking spaces. • Average property values are up 31% front the municipal average • Upgrades include new windows, doors, roof and high efficiency thermostats. • Can be sold as a portfolio with 220-222 St. Clair Street
$1,490,000
$3,650,000
$950,000
FOR LEASE
FOR SALE
FOR SALE
663 1/2 FENNELL AVENUE HAMILTON, ON
220-222 ST. CLAIR STREET CHATHAM, ON
19 CHURCH STREET TORONTO, ON
• C2 zoning • New 1,398 sqft retail/office space • Situated on the amazing high exposure intersection • Central mountain location is just minutes to Concession St, the Linc, Red Hill and 403 • Offers excellent street front exposure to vehicle and foot traffic • Signage consists of box above store front & with blade sign • Parking located at rear of building • Many uses permitted • Flexible possession
• 20 unit multi-residential building • Estimated net operating Income - $142,083 • Features an additional two commercial retail units. • Minutes to downtown Chatham, and surrounded by a host of amenities. • 20.2% higher than the average municipal growth. • Approximately 80 dedicated parking spaces. • Recent upgrades including new windows, doors, roof and high efficiency thermostats. • Can be sold as a portfolio with 54 Timmins Crescent
• Once in a life time opportunity to buy a Lounge/Club • Speak-Easy style Lounge in the Financial District • Liquor License For 140 Capacity. • Stunning Upgrades Throughout The Space. • Great Clientele, Established Player • All Chattels Included • Priced For A Quick Sale • Option for VTB
$11.95/sqft
$2,600,000
$299,990
JACOB CAMPAGNARO
Sales Representative
905.599.3460 jacob@reccanada.com
KARAM NABAHANI Sales Representative
647.527.9444 karam@reccanada.com
Visit recanada.com for more information Not intended to solicit those already under contract with another REALTOR®.
2
AVAILABLE
INVESTMENT OPPORTUNITIES SOUTHWESTERN ONTARIO INVESTMENT TEAM
AGRICULTURAL LAND Thames Centre, Ontario + + + +
96.34 acres cleared land Former gravel pit, ready for agricultural use Picturesque rolling landscape Asking $1,350,000
+ Office space/Restaurant Ownership + Typical units range from 360 Sq. Ft. + Cost effective turnkey solution/purchasers can build out their own space
David Yanoshita* 519 286 2020 david.yanoshita@cbre.com
FULLY LEASED INDUSTRIAL BUILDING New Hamburg, Ontario
+ Situated on 41.24 acre land parcel with direct Highway #401 visibility + 248,820 sq. ft. state of the art facility
Michael Black* 519 340 2313 michael.black@cbre.com
FULLY LEASED PLAZA Kitchener, Ontario + + + +
London 380 Wellington Street, Suite 30 N6A 5B5 T 519 673 6444 F 519 673 6948
+ + + +
44,812 Sq. Ft. on 2.4 acres Fully leased with easy access to Hwy 7 West Approx 5.6% Cap Rate with 4 Tenants Asking Price: $3,600,000
Mel de Oliveira** 519 340 2311 mel.deoliveira@cbre.com
MEDIUM & HIGH DENSITY DEVELOPMENT LAND London, Ontario + + + +
+ Located 1.8 km from Highway #403 + M2 zoning
Mitchell Blaine* 519 340 2309 mitchell.blaine@cbre.com
Waterloo Region 72 Victoria Street S., Suite 200 N2G 4Y9 T 519 744 4900 F 519 571 9315
2.57 & 6.78 acre parcels for sale North side of commissioners road east High growth node of London At entrance of new residential subdivision
David Yanoshita* 519 286 2020 david.yanoshita@cbre.com
9.99 ACRE SHOVEL READY INDUSTRIAL Brantford, Ontario
High-traffic, high-exposure location 15,936 SF; 0.96 acres Upside on rents; WALT: 3.8 years New zoning encourages high-density development
Joe Benninger* CCIM 519 340 2323 joe.benninger@cbre.com
+ Income diversity with contractual rent growth + 93% occupied to a diverse group of tenants
Chris Kotseff* 519 340 2321 chris.kotseff@cbre.com
Todd Cooney**, SIOR 519 340 2315 todd.cooney@cbre.com
QUALITY AT SCALE Cambridge, Ontario
Mitchell Blaine* 519 340 2309 mitchell.blaine@cbre.com
CLASS A MULTI-TENANT COMPLEX Guelph, Ontario
BOUTIQUE OFFICE CONDOMINIUMS Kitchener, Ontario
RETAIL/OFFICE CONDO INVESTMENT London, Ontario + + + +
Fully leased to four tenants Two Condo Units: 2,942 Sq. Ft. & 3,106 Sq. Ft. Premier corner location in trendy Wortley Village Asking $2,600,000
David Yanoshita* 519 286 2020 david.yanoshita@cbre.com
Windsor 3200 Deziel Drive, Suite 110 N8W 5K8 T 519 252 4095 F 519 252 7554
David Cousins* 519 286 2006 david.cousins@cbre.com
www.cbre.ca * Sales Representative ** Broker
This disclaimer shall apply to CBRE Limited, Real Estate Brokerage, and to all other divisions of the Corporation; to include all employees and independent contractors (“CBRE”). The information set out herein, including, without limitation, any projections, images, opinions, assumptions and estimates obtained from third parties (the “Information”) has not been verified by CBRE, and CBRE does not represent, warrant or guarantee the accuracy, correctness and completeness of the Information. CBRE does not accept or assume any responsibility or liability, direct or consequential, for the Information or the recipient’s reliance upon the Information. The recipient of the Information should take such steps as the recipient may deem necessary to verify the Information prior to placing any reliance upon the Information. The Information may change and any property described in the Information may be withdrawn from the market at any time without notice or obligation to the recipient from CBRE. CBRE and the CBRE logo are the service marks of CBRE Limited and/or its affiliated or related companies in other countries. All other marks displayed on this document are the property of their respective owners. All Rights Reserved.
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4
OSHAWA AV VTB AIL AB LE
S TA EA R TR LEA C
• Asking $1,250,000 • Asking $208,333 per Suite • Located in nice Residential Neighborhood in North Oshawa • Significant Upside in Rents on Turnover • Owner pays for all Utilities Currently
• 1 x One Bedroom 5 x Two Bedrooms • 3.7% CAP • Treat as Clear! • 4.7% CAP • Owner will Consider a VTB Mortgage to Qualified Buyer • Contact Cliff Ford for More Details
OSHAWA
• Asking $3,250,000 FIRM • Asking $191,176 per Suite • 8 of 17 Units have been Recently Renovated to Condo Quality Styles • Building is now Submetered for Both Hydro and Water • On Turnover of Remaining 9 units, only utilities will be common areas/laundry • Sloped Shingle Roof
SU B FO MET R H ER WA YDR ED TE O/ R
• 8 x One Bedrooms 9 x Two Bedrooms • 4.5% CAP Rate • CMHC has indicated Financing of 73% of Purchase Price is Possible • Contact Cliff Ford for More Details!
Replaced in 2018
17 Suites
HAMILTON
• This Property is Being offered to the Market in a Bid Submission Process • Information Package to be Provided upon Signing of a Confidentiality Agreement • Other improvements include Concrete Restoration, Elevator Repairs, Toilet Replacements and Domestic Water
KITCHENER
TR E CL AT A EA S R
• 10 x One Bedrooms 10 x Two Bedrooms • Upside in Rents on Turnover • Located near St. Joseph’s Hospital in Downtown Hamilton • New Balcony Railings in 2018 • Tenants pay their Own Hydro • Treat Financing as Clear
20 Suites
6 Suites
LE TY OS ND ITES O C SU
WN TO WN ION DO CAT LO
T EN LL N CE TIO EX OCA L
• Asking $1,325,000 • Tenants Pay Their Own Hydro • New Steel Roof - Approx 6 Months • Approx $130,000 Spent on Plans & Permits; Approved for a Total of 10 Units including Original Structure • If Buyer Prefers, Seller Willing to Build & Complete the 6 New One Bedroom Units (in which case price is to be negotiated)
MA IMP NY RO REC VE E ME NT NT S
• Asking $1,450,000 • Asking $131,818 per Suite • Located on a Main Street in Beautiful Bowmanville • Majority of Units have over $300 in Upside on Rents Per Month • Tenants pay for their own Hydro • Exterior Recently Re-Painted
• 9 x One Bedrooms 2 x Two Bedrooms • Capital Improvements include Windows, Roof, Electrical and Plumbing • 4.0% CAP • Treat as Clear • Contact Cliff Ford for More Details!
11 Suites
ND O TO R W FIN HO ILLIN AN LD G CIN G
• 4 x One Bedrooms 1 x Three Bedrooms • Property is Approximately 5 Minutes Walk from Google Facility & 8 Minutes Walk to New Transit Hub • Approved Plans Include Private Driveway, 10 Parking Spaces & Laneway Access/Exit • Treat Financing as Clear • Seller open to VTB 1st Mortgage
5 Suites + Development
BOWMANVILLE T EA GR IDE S P U
VE
OSHAWA L RA N NT CE ATIO C O L
• Asking $3,900,000 • Asking Asking $144,444 per Suite • North of Highway 401 with
P RE OTE NT NT A I ON L UP AL TU SID RN E
• 8 x One Bedrooms 19 x Two Bedrooms • Built & Owned by the Same Family since 1966
• Excellent Proximity to Amenities
• Locker Room & Laundry Room on Each Floor
• Elevator with Upgraded Mechanicals 2011
• 4.0% CAP Rate
• 5.9% R.O.I. • Video Surveillance in Place • Treat Financing as Clear! • Tar & Gravel Roof Replaced • No VTB Available about 4 Years Ago • Buyer to Arrange Own • First Floor Terrazzo with Financing Other Floors Carpeted
27 Suites
5
8 MAIN ST. E., HAMILTON
OFFICE SPACE Close to the Court House, City Hall and McMaster. Available immediately. Downtown office space from 406 - 1285 sq. ft. From $610 monthly
Tony DeSantis
905-777-0252 ext 304 E-mail:
info@desantis.com
www.desantis.com
Investment OppOrtunIty - student resIdent pOrtfOlIO 1098-1100, 1084 main street West, Hamilton • Three separate properties along Main Street West • Prime Westdale location close to McMaster University • Complete conversion/ renovation in 2014 • Total of 52 beds, approximately 0.351 acres • 35 parking spaces • NOI $246,700.00 • Full A/C and sprinkler systems Asking Price: $5,750,000
CONTACT JOHn macnamara, SAleS ReP. (exT. 211) OR paul marIuttI, SAleS ReP. (exT. 212)
6
$3,500,000
1458 WEBER ST E, KITCHENER • Fully licensed, successful 240 seat restaurant business with completely renovated building on 0.873 Acre • Features include offices, bar, walk-in coolers & freezer, security system, and efficient working kitchen and prep area • Close to expressway, 401, residential area, Fairway Road commercial hub and hotels • Open six days per week, 164 patrons in main area, 40 seat VIP
$ 1,500,000 466 FINKLE ST, WOODSTOCK
10-14 PRINCESS ST E, WATERLOO
$1,250,000
• Side by side duplexes with a potential Net Operating Income (NOI) of $85,000 • Live in one unit, rent the others • Consider AirBnB and commercial opportunities • Potential redevelopment with assembly of properties which could qualify for 12-55 unit multi-residential building • Convenient location close to shopping, restaurants, recreation, park and schools. Easy access to Highway 85 and 7 with connection to Highway 401 • MLS • Call Duncan McLean
• 4.84 acres of natural open space land • Currently zoned OS1 • Close to the Grand River and Churchill Park • Pre-Consultation
document proposing low to medium density residential with between 40 - 48 units is available • MLS • Call Duncan McLean
445 DRUMMERHILL CRES, WATERLOO
255 NORTHFIELD DR, WATERLOO
• Rare 0.237 acre multi-family residential development land in Preston • Underground parking design fits topography
$599,900
• Potential for 7 to 22 units • Convenient location for transit, shopping, park & hospital • MLS • Call Duncan McLean
$459,900 11 LANG CRES, KITCHENER
• Raised Bungalow with legal accessory apartment and two Class A rental licenses • Main floor three bedroom unit and basement one bedroom apartment are awaiting a new owner to occupy or pick your own tenants • Shared laundry with coin operated machines • Great family oriented neighbourhood • MLS. • Call Christina Rooney 519-654-2408
• 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
• 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 1257 KING ST E, CAMBRIDGE
193 WATER ST S, CAMBRIDGE
• 0.154 acre Residential Building Lot • 65ft frontage by 102ft deep lot • Existing house in need of major renovations • R-3 Zoning
• Great location with easy access to Expressway and Uptown Waterloo • Design & build your dream home in mature neighbourhood • MLS • Call Ryan Briggs
519-741-6594
Neil@cmarealty.ca
$480,000
onto SWM pond & Community Trail with easy access to Highway 401 • Build your dream home in this exclusive neighbourhood • MLS • Call Ryan Briggs
• 20 year old established catering business • State of the Art industrial kitchen with storefront cafe • Business includes contracts and assets • Financials etc. are available for qualified buyers • MLS • Call Christina Rooney 519-654-2408
$27/SF #20 - 60 BATHURST DR, WATERLOO
DUNCAN MCLEAN Sales Representative
Sales Representative CELL:
519.498.5775
Ryan@cmarealty.ca
$5.75/SF
• 2968 sqft industrial unit with approximately 625 sqft finished office for Sublease until April 2020 • Dock level loading door, good truck access, good on site parking, sprinklered building • King St. N. exposure • Current zoning allows many uses • Ready to move in • Excl. • Call Duncan McLean
RYAN BRIGGS
Broker of Record CELL:
• 0.173 acre Residential Court Building Lot in Doon South • 57ft frontage by 102ft pie shaped lot • R-3 Zoning • Great location backing
• 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
NEIL KOEBEL
519.578.0337
925 EVENS POND CRESCENT, KITCHENER
$379,900 #3 - 35 CHERRY BLOSSOM RD, CAMBRIDGE $149,900
$25-$40/SF #106-191 KING ST S, WATERLOO
many uses • Complex will include 250 residential units • Convenient access to expressway, shopping, restaurants & transit • MLS • Call Duncan McLean
KITCHENER, ONTARIO
Room, 36 seat patio area • Roof recently upgraded with $120,000 rubber membrane and R40 insulation. Two 10 ton and two 5 ton Carrier HVAC units installed in 2015 • Nominated for 2019 Record Readers Choice Awards in the Casual Fine Dining category. Four out of five stars and 9th out of all Kitchener restaurants in TripAdvisor - See ForkandCorkGrill.com • MLS • Call Ryan Briggs
CELL:
519.590.7997
Duncan@cmarealty.ca 7
Land Exchange Ltd. Brokerage Independently Owned and Operated 262 Josephine St., Wingham www.remaxlandexchange.ca Office: 519-357-3332
RENATE SIEBER-SCHLEGEL Broker of Record
Cell:
519.531.1177
INDUSTRIAL BUILDING LOTS – BRUCE ENERGY CENTRE FO
R
SA
LE
LOT 2-1 Farrell Drive, Tiverton/Kincardine – 8.81 acres LOT 6-1 Farrell Drive, Tiverton/Kincardine – 9.07 acres LOT 11-1 Farrell Drive, Tiverton/Kincardine – 7.31 acres LOT 12-1 Farrell Drive, Tiverton/Kincardine – 7.75 acres USES: Bulk Fuel Depot, Contractor’s Yard, Greenhouse, Industrial Training Centre, Industrial Use, Service Establishment, Transport Depot, Warehouse. PT LOT F Concession 4, Tiverton/Kincardine – 10 acres USES: Automobile Car Wash, Automobile Gas Bar, Automobile Service Station, Restaurant, Convenience Store, Warehouse.
DESIGN BUILD BUSINESS COMBINATION Office / Industrial / Warehouse Complex for long term lease available 191 SUNCOAST DRIVE E, GODERICH
69323 RICHMOND STREET, CENTRALIA E AS LE R FO
FO
R
SA
LE
$379,900 1.43 acres prime commercial lot with municipal services at lot line, close to industrial park and residential development, many permitted uses e.g. auctions sales, automotive, warehouse, restaurants, kennel, retail store, clinics and many more. Great location with lots of visibility.
Prime industrial space between Exeter and London on Highway 4, lots of parking, steel building lots of office space, warehouse, loading docks, and much more - available as of January 1, 2020.
165 KINCARDINE HIGHWAY, WALKERTON
FO
R
LE
AS
E
INDUSTRIAL*
8
214,810 sf of manufacturing facility including 32, 880 sf of bright office space. Situated on 21.19 acres at the intersection of Highway 4 and 9 in Walkerton. Power – 4,200 amp substation, municipal sewers and water, 9 loading docks, fully fenced yard. This property is available for immediate possession. Approximately 183 km north west of Toronto and 47 km south east of Bruce Power.
contents
12 22 24 28 32
LEGALLY SPEAKING
Reserve funds are your condo’s insurance policy
BUSINESS SAVVY
Tips for choosing the best group insurance for your company
BUSINESS
The pros and cons of buying a business
BUSINESS INVESTMENT
33 34 36
BUSINESS
Tips for marketing your business online
NEXT ISSUE:
BUSINESS UPDATE CFIB
July business barometer index: Optimism slips
INVESTMENT
September 28, 2019 ADVERTISING DEADLINE:
September 18, 2019
Avison Young’s 2019 mid-year world office market report
What is a strategic plan, and do you have one?
BUSINESS SAVVY
Protect your business from directory fraud
REGIONS Kitchener, Waterloo & Guelph ............. 10 Southwestern Ontario ...........................18 Hamilton ...............................................19 Greater Toronto Area.............................23 Central Ontario ......................................33 Niagara .................................................35 Business Investors ................................38 Franchise Opportunities ........................40
TORONTO GUELPH KITCHENER/ WATERLOO OTTAWA
LONDON HAMILTON NIAGARA
MEDIA CONSULTANTS
TORONTO Yhanique Facey GUELPH 1.866.536.2606 KITCHENER/ Daphne Kua WATERLOO 1.866.532.2593 PRESIDENT & PUBLISHER HAMILTON Leo Racioppo leo@mediaclassified.ca
NIAGARA
CHIEF OPERATING OFFICER John Racioppo john@mediaclassified.ca
ACCOUNTING INQUIRIES accountingteam@mediaclassified.ca CIRCULATION INQUIRIES distributionteam@mediaclassified.ca
EDITOR Marlene Eisner DIRECTOR OF PRINT MEDIA Lauren Reid-Sachs GRAPHIC DESIGNER & ASSISTANT MANAGER Alicesa Pullan GRAPHIC DESIGNER & PRE-PRESS COORDINATOR Hannah Yarkony GRAPHIC DESIGNERS Sandra Hanak, Tammy Leung, Johannah Lorenzo, Mike Terentiev, Kathleen Walker, Alice Wu All submissions from interested parties will be considered. Please submit to the editor at editorial@mediaclassified.ca
HEAD OFFICE 610 Applewood Crescent, Suite 401, Vaughan ON L4K 0E3 T: 905.761.3313 | Toll Free: 888.761.3313 | F: 905.761.5038 E-mail: info@thecommercialinvestor.ca Website: thecommercialinvestor.ca Copyright Notice All copyright and other intellectual property rights in the contents hereof are the property of Commercial Investor, and not that of the individual client. The customer has purchased the right of reproduction in Commercial Investor and does not have the right to reproduce the ad or photo in any other place or publication without the previous written consent of Media Classified Corporation. Contents of this publication, in hard copy format as well as online, are covered by copyright law, and offenders will be prosecuted. Copyright 2019. All rights reserved. Reproduction, storage in a retrieval system or transmission, in any form or by any means, whether electronic, mechanical or otherwise, in whole or in part, without prior written permission of Media Classified Corporation is strictly prohibited.
Kitchener/Waterloo Guelph & Cambridge
519.742.7000 www.coupalmarkou.com
SALE
170 UNIVERSITY AVENUE WEST, WATERLOO
43690 ELORA STREET, CLIFFORD
SALE
529-533 EXMOUTH STREET, SARNIA
SALE
D L O S
• Business Opportunity, well established franchise • Excellent income for owner/operator, with sales exceeding most fast food restaurants • 1,659 sq ft MLS
SALE
• • • •
353 BRIDGE STREET EAST, KITCHENER
197-199 DUNDAS STREET, LONDON
SALE
Easy access to Kitchener, Waterloo and Guelph High percentage of office areas plus warehouse 12,908 Sq. Ft. on 0.98 acres $2,429,000 MLS
SALE
• Building is in great condition with septic tank upgrade 3 years ago. • Restaurant has AC, Operating as a restaurant for more than 30 years. • 3,700 sq ft • $625,000 MLS
MLS
417 EXETER ROAD, LONDON
SALE
Fully leased commercial investment opportunity 50% occupied by Service Ontario 15,360 sq ft on 0.927 acres $2,000,000 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
1250 FISCHER HALLMAN ROAD, KITCHENER
• • • •
• 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
1314 FISCHER HALLMAN ROAD, KITCHENER
D L O S
ER D N T U C A NTR O C
• High density development site at the intersection of Fischer Hallman & Bleams Road • Located next to grocery anchored plaza • 1.97 acres • $5,900,000
• • • •
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 MLS
MLS
• High density residential development site to be severed from new grocery anchored retail development, Spring 2019 start. • Preliminary designs for 418 suites in 3 buildings • 4.81 acres • $10,580,000
Christopher Coupal
John Markou
Theo Papadopoulos
Broker of Record, Principal christopher@coupalmarkou.com 519-742-7000 x 101
Broker, Principal john@coupalmarkou.com 519-742-7000 x 102
Sales Representative theo@coupalmarkou.com 519-742-7000 x 103
MLS
CONNECT
The information set out herein is for advertising purposes, with information obtained from sources deemed to be reliable. No warranty or representation is made as to its accuracy, correctness and completeness of the information, being subject to errors, omissions, conditions, prior sale/lease, withdrawal or other changes without notice. Coupal Markou Commercial Real Estate Inc., Brokerage
10
COMMERCIAL INVESTOR | Commercial Real Estate & Business Opportunities
August 31–September 28, 2019
Kitchener/Waterloo Guelph & Cambridge
519.742.7000 www.coupalmarkou.com
LEASE
MANITOU / FAIRWAY OFFICE SPACES, KITCHENER
25 INDUSTRIAL DRIVE, ELMIRA
LEASE
L • Second Floor Office units in high traffic plaza • Available Now! • Free on-site parking and utilities included • Units from 1,116 – 9,980 sq ft • $12.50 / sq ft net
15 BARNSWALLOW DRIVE, ELMIRA
• Newly proposed plaza in the west end of Elmira • Located in a growing, established major intersection • Units from 1,173 – 10,000 sq ft • $20.00 / sq ft Net MLS
LEASE
MANITOU / FAIRWAY RETAIL SPACES, KITCHENER
• Busy office/retail plaza in Elmira, just minutes from North Waterloo • Zoning allows multiple uses • 1,925 sq. ft.
• Located on corner of Fairway Road and Manitou Drive • Various retail units in busy plaza. • Possession varies with each unit • Units from 1,079 – 6,100 sq ft • $24.50 - $25.00 / sq ft net
MLS
• Newly designed open concept office/tech space in Downtown Kitchener • Available Spring 2019 • Private elevator • 5,200 sq ft • $20.00 / sq ft Net EXCLUSIVE
L
• New multi-story Class A office building • Contemporary & modern design • Ample on-site free parking • 15,000 – 50,000 sq ft • $19.00 / sq. ft. net
EXCLUSIVE
STREET SOUTH, LEASE #8A – 250 DUNDAS CAMBRIDGE
KING STREET WEST, KITCHENER
LEASE
LEASE
231 SHEARSON CRESCENT, CAMBRIDGE
D E S EA
MLS
LEASE
LEASE
3-347 ERB STREET WEST, WATERLOO
• AAA plaza with plenty of on-site parking • Ideal uses for this space could include: office, retail, hair salon, medical, learning center, etc. • 1,200 sq. ft. • $18.00 / sq. ft. Net MLS
LEASE
100-85 WEBER STREET W, KITCHENER
D E S EA
• Retail space in high profile plaza • Ample on-site parking • 600 sq. ft.
MLS
MLS
• Newly Renovated Main Floor Office/Retail Suite in converted house. • Steps from Downtown Kitchener amenities and transit with 2 onsite parking spaces included • 1,065 sq ft • $2,500 / Month Gross Lease
Christopher Coupal
John Markou
Theo Papadopoulos
Broker of Record, Principal christopher@coupalmarkou.com 519-742-7000 x 101
Broker, Principal john@coupalmarkou.com 519-742-7000 x 102
Sales Representative theo@coupalmarkou.com 519-742-7000 x 103
EXCLUSIVE TO 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
August 31–September 28, 2019
Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR
11
Owners have the right to review the reserve fund study by asking the corporation for a copy. When you purchase a unit, a copy of the most recent reserve fund study is included with the status certificate.
legallyspeaking
Reserve funds are
Your condo’s insurance policy by JAcquElinE MonEtA JD AnD JAyson schwARz llM
All condominiums are required to have a reserve fund under the Condominium Act. A reserve fund is a special account, separate from the condominium’s operating fund, and it is used to pay for major repairs and replacements to the condominium’s common elements. A portion of every common expense fee is deposited into the reserve fund monthly. The reserve fund is intended to act like an insurance policy, to ensure that the corporation has enough money to cover future repairs. WHEN CAN YOU DIP INTO THE RESERVE FUND?
The reserve fund can only be used to pay for major renovations or repairs; this includes replacement and non-routine repairs of common elements and assets of the condominium. If condos didn’t have reserve funds, or their reserve funds are depleted, they would need to 12
raise large amounts of money from the owners when major repairs are required. This lack of funds most frequently results in a special assessment.
THE RESERVE FUND STUDY
A reserve fund study determines how much money needs to be in the fund to ensure the repairs will be covered
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in the future. The study is usually prepared by an engineer and includes both a physical assessment of the condominium and a financial plan during the first year of the condominium corporation, then every three years.
THE STUDY WIll COVER:
• All parts of the building that need repair or replacement (ex. windows, balconies) • Estimates when the repairs and/or replacements are expected to occur • Estimates of the cost of each expenditure in each year • A recommended reserve fund contribution amount • Recommended increases in reserve fund contributions for the following three fiscal years. It is important to note that the reserve fund study is based on assumptions and educated guesses. These estimates may fall short in the following circumstances: August 31–September 28, 2019
Kitchener/Waterloo Guelph & Cambridge
• Poor maintenance decisions can result in your condominium having to replace components earlier than expected • Emergency repairs or replacements • Postponed expenditures
THE OWNERS’ PERSPECTIVE
All previous and current owners have contributed to the reserve fund. That’s because every owner who received the benefits of common elements, including the lobby, hallways and elevator, shares
the responsibility of the replacement costs. long term, as an owner, your unit will fetch a higher asking price if your property is well-maintained and the reserve fund is healthy. owners have the right to review the reserve fund study by asking the corporation for a copy. when you purchase a unit, a copy of the most recent reserve fund study is included with the status certificate. As an owner, it’s important to be mindful that the reserve fund balance will fluctuate from year to year. in some years, the fund’s balance is high. After planned expenditures, the fund’s balance may be depleted. It’s important to look at the situation holistically, ask about recent repairs and plans for upcoming projects at board meetings. Much like insurance, a healthy reserve fund is an invaluable tool in the condominium’s arsenal. CI
Roy A. Boyes ReAl estAte 519-397-0928 DAISY MART ESSO PLAZA PIONEER GAS GOLF GOLF GOLF RETIREMENT HOME STORAGE STORAGE cAMPGROuND RETIREMENT HOME PLAZA LONDON AREA FARM August 31–September 28, 2019
boyesre@gmail.com S.W. Ont 11K, WEEKLY SALES , ASKING 110K GAS, STORE, 2 RENTALS, ASKING 1.2M ASKING 1.8M, NET 250K 27, GROSS 1.2M ASKING 1.8M PARTNERS 18, GROSS 1.4M, ASKING 2.9M 18, GROSS 500K, ASKING 1.1M 25 ROOMS, ONE FLOOR, ASKING 1.4M 165, NEWER, ASKING 1.2M 123, GROSS 174K, ASKING 1.7M MEMBERSHIP PARK, ASKING 2.9M PARTNERS REAL DEAL, 41 BEDS, ASKING 700K UPSIDE 7 CAP, 14000 SQ.FT., ASKING 3.1M GOLF, 1.1M, VARIETY 495K, GAS 1.5M 400 ACRES, ASKING 3.9M, ALSO 500 ACRES. Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR
13
Kitchener/Waterloo Guelph & Cambridge
Dalibor Radulovic Sales Representative dalibor1@rogers.com
Chris Mossey
Tunde Abiodun
Rob Piombini
chrismossey@rogers.com
tabiodun@gmail.com
rpiombini@homelifepower.com
Sales Representative
Broker
Broker
519-885-8810
HomeLife Power Realty Inc., Brokerage*
385 Frederick Street, Unit 32 Kitchener, Ontario N2H 2P2
00
9,5
$69
Currently Own Multi-Family Buildings or Looking to Buy One? We will be Offering Complimentary Seminars
*Independently Owned and Operated
00
9,9
$58
FALL OF 2019 761 Frederick Street, Kitchener, ON Great Investment Opportunity for Investor or Owner Occupied! Tri-Plex in sought after area in Kitchener right on Frederick Street with double car garage and additional parking on driveway. Close to Shopping and Public Transit. Financials and additional information available upon request. Please allow for 24 hrs for any showings.
Get Answers to Frequently Asked Questions Please Call 519-590-9488 for Details & Reserve your Space Now! Limited Seating Available!
22 St. Leger Street, Kitchener, ON Great Investment Opportunity! Well maintained Duplex with 2-2 Bedroom units and an additional 1 Bedroom basement unit for potential owner occupied option. Separate hydro meters for Upper and Main area. Brick exterior. Great back yard common area with patio. Great Location in a quiet residential area close to bus routes, schools, amenities, LRT, and highway access.
Kyle Church, Broker kyle.church@royallepagecommercial.com www.principalinterest.ca MULTI-FAMILY INVESTMENT IN WATERLOO REGION EXCLUSIVE
Kitchener Sixplex • 6 x 1 Bedroom units • New boiler and roof • Separate hydro meters
Kitchener Townhome Complex • 16 townhomes • 12 x 2BR, 4 x 3BR • Many renovated units • 1 acre lot, convenient location
CONTACT FOR FINANCIAL BROCHURE OR TO SCHEDULE A SHOWING: Royal LePage Grand Valley Realty, Brokerage -15C-370 Highland Road West, Kitchener, Ontario, N2M 5J9
14
COMMERCIAL INVESTOR | Commercial Real Estate & Business Opportunities
EXCLUSIVE
Kitchener Sixplex • 5 x 1BR, 1 x Bachelor • Concrete Construction • All units renovated in last 5 years
519.745.7000 August 31–September 28, 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
$
359,900
$
• Turnkey living in desirable Mid-Town Development. • 9 foot ceilings and quartz countertops. • Stonerox brick accent living room wall, • Strip glass mosaic kitchen back splash I • This home is ideal for investor. Tenant is on written lease until end of September and is flexible and may stay depending on buyer preference. (id:27)
$
439,900
• Rental Licensable Opportunity! • Tremendous proximity to Wilfrid Laurier University, Uptown, and Sobey’s Plaza. • Super clean, strikingly original, sample of late 50’s, early 60’s bungalow construction. • Newer roof and furnace. • This property works well investor, renovator/ flipper or parent with kid going to University. • MLS®
389,900
D L O S
• $2239 Gross Monthly Income • Massive, 1400 SF, Three Bedroom Unit Available Here! • 5 Years Young! • In Suite Laundry • Contemporary Finishings that Students Love • Steps to WLU, Easy walk to UW • Leases in Place to At Least end of August, 2020 • MLS®
97 MARSHALL, STREET, WATERLOO
D L SO
304-275 LARCH STREET, WATERLOO
304-8 HICKORY STREET WEST, WATERLOO
$
399,000
• Pre-Construction Assignment Condo Opportunity in Desirable Northdale! • Spacious, 771 square foot, two bedroom, two bath suite with 108 square foot balcony! • Located almost across the street from WLU’s Lazaridis Business Building, this opportunity could work well for student/university/hi tech employee or entry level investor. • MLS®
45 HIGH STREET, WATERLOO
$
599,900
D L SO
• $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®
6 SMETANA DRIVE, KITCHENER
99 KEHL STREET, KITCHENER CO UN NT DE RA R CT
304-690 KING STREET W, KITCHENER
$
600,000
• Exclusive development opportunity located within a 10 minute walking distance to Mill Street LRT Station. • Planner says 10 to 12 units with current R6 zoning, maybe up to 15 with minor variance for parking. 14 units with future zoning. • Large, easy to work with site maximized with a frame build. • MLS®
367 HOLLY STREET, WATERLOO
INVESTORS SEEKING APPARTMENT BUILDINGS! $
665,000
• Open concept, contemporary, 2496 SF of finished space, purpose-built, owner-built, legal duplex in desirable Grand River North! • Separate meters: water, electricity and gas. Two gas furnaces! • Double car driveway - occupants do not have to park in tandem. • MLS®
August 31–September 28, 2019
$
899,900
• $76,000+ Gross Annualized Income • City Approved, Rental Licensed Triplex • Updated Kitchens • Turn Key Operation • Ten minute Walk to WLU, 15 minute Walk to UW • Exclusive
I Have Buyers Seeking Buildings From Fourplex To 50 Plus Units. Buildings In All Types Of Conditions Considered.
CALL ME TO DISCUSS!
Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR
15
Kitchener/Waterloo Guelph & Cambridge
COLDWELL BANKER COMMERCIAL COLDWELL BANKER REALTY, COMMERCIAL PETER BENNINGER BROKERAGE 508 RIVERBEND DRIVE, KITCHENER, ON. PETER BENNINGER REALTY, BROKERAGE PHONE: 519-743-5211 508 RIVERBEND DRIVE, KITCHENER, ON. COLDWELL BANKER COMMERCIAL PHONE: 519-743-5211 SF ∙ $26.00/SF ∙ MLS: 500 SF ∙ $16.00/SF ∙ MLS: 30759662 R EPETER TA I LBENNINGER / O F F I C E REALTY,2,006 BROKERAGE 30712431 WATERLOO ∙ Turn-Key KITCHENER ∙ Former Hair Salon Space 2,006ON. SF ∙ $26.00/SF ∙ MLS: 500 SF ∙ $16.00/SF ∙ MLS: 30759662 508 RFEOTA LA/LOEF/ FL IEDRIVE, CAES E KITCHENER, R ISRIVERBEND spa with liquor license. Located in the near St. Mary’s Hospital. 30712431 WATERLOO ∙ Turn-Key KITCHENER ∙ Former Hair Salon Space PHONE: 519-743-5211 heart of the University District. Main High street front exposure, FOR SALE/LEASE spa with liquor license. Located in the near St. Mary’s Hospital. floor of “The Hub” Lester Tobin* ample parking and signage. OFFICE/CHURCH SPACE FOR LEASE heart of the University District. Main High street front exposure, SF ∙Boudreau*/James $16.00/SF ∙ MLS: Boudreau** 30759662 E TA L / O F F I C E∙ MLS: 2,006 SF ∙ $26.00/SF ∙ MLS: 500Gary 3,672 RSF ∙ I$2,400/MO. floor ofSF“The Hub” ∙ Lester Tobin* KITCHENER ample and signage. 30712431 WATERLOO ∙ 30738365 Turn-Key ∙parking Former Hair Salon Space OFFICE/CHURCH SPACE FOR LEASE 1,143 ∙ $249,900 MLS: 30756194 ∙ BRIGHT ∙ Ideal church, F O R S A L E / L E A S E Gary Boudreau*/James Boudreau** spa with liquor license. Located in the near St. Mary’s Hospital. 3,672 ∙ $2,400/MO. group SF meeting hall, daycare ∙or MLS: office WATERLOO ∙ Nicely Finished Office 3,961 SF ∙ $28.00/SF ∙ MLS: 30637876 ∙ SF $249,900 ∙ Easy MLS: 30738365 heart of ∙the University District. Main street front exposure, 30756194 ∙ BRIGHT ∙ Ideal church, 1,143 in North Waterloo. access to High space. Included On-site: playground, KITCHENER ∙ Freestanding building WATERLOO ∙ Nicely Finished Office floor of “The Hub” Lester Tobin* ample parking and signage. ∙ group meeting hall,SPACE daycare or office OFFICE/CHURCH FOR LEASE 3,961 SFexposure ∙ $28.00/SF& ∙ MLS: baseball diamond, soccer field, picnic Public Transit and Major Highways. w/high high 30637876 traffic. Gary Boudreau*/James Boudreau** in North Waterloo. Easy access to 3,672 SF ∙ $2,400/MO. ∙ MLS: space. Included On-site: playground, On Site Parking. Ample KITCHENER building area and an 82 seat meeting hall. Ample on-site ∙ Freestanding drive up parking. 1,143 SFTransit ∙ $249,900 MLS:Boudreau* 30738365 and ∙Major Highways. w/high exposure & high traffic. 30756194 ∙ BRIGHT ∙ Lester Ideal church, baseball diamond, soccer field, Tobin* picnic Public James Boudreau**/Gary Lester Tobin* WATERLOO On ∙ NicelySite Finished Parking. Office 3,961 SF ∙ $28.00/SF ∙ MLS: 30637876 ∙ group or office area andmeeting an 82hall, seatdaycare meeting hall. Ample Ample on-site drive up parking. in North Waterloo. Easy access to KITCHENER ∙ Freestanding building James SF Boudreau**/Gary space. On-site: playground, ∙ $16.95/SF Boudreau* ∙ MLS: Tobin* 32,000 1,137 SFIncluded ∙ $26.00/SF ∙ Lester MLS:30757214 Lester Tobin* Public Transit and Major Highways. 3,144 SF ∙ $12.00/SF ∙ MLS: 30696919 baseball diamond, soccer field, in picnic KITCHENER ∙ Last unit available this 30689959 ∙ WATERLOO ∙ Well located w/high exposure & high traffic. KITCHENER ∙ Affordable office space Ample On Site is Divisible area and anplaza 82 seat meeting SF Space. ∙ $16.95/SF ∙Parking. MLS: AAA Office Space to ∙Ample on-site drive up parking. 1,137 ∙ $26.00/SF high SF profile at∙ MLS:30757214 the Cornerhall. of 32,000 3,144 ∙ $12.00/SF MLS:visibility 30696919 just offSF LRT route. ∙High James Boudreau**/Gary Boudreau* Lester Tobin* approx. 8,000 Square Feet. 30689959 ∙ WATERLOO ∙ Well located Lester Tobin* Ottawa+ Westmount. Great Tenant KITCHENER ∙ Last unit available in this on Ottawa St. Price includes all utilities. ∙ KITCHENER ∙ Affordable office space James Boudreau**/Gary Office Space. Space isBoudreau* Divisible to support, on-site drive of up AAA high profile ample plaza at the Corner Ample parking available. just off LRT route. High visibility 32,000 SF ∙ $16.95/SF ∙ MLS: 1,137 SFWestmount. ∙ $26.00/SF ∙ Great MLS:30757214 8,000 Square Feet. parking. LesterTenant Tobin* approx. Ottawa+ SF Boudreau**/Gary ∙ $12.00/SF ∙ MLS:Boudreau* 30696919 James 30689959 ∙ WATERLOO ∙ Well located∙ 3,144 on Ottawa St. Price includes all utilities. KITCHENER ∙ Last unit available in this 4,500 SF ∙ $9.00/SF ∙ MLS: 30719754 James Boudreau**/Gary Boudreau* support, ample on-site drive up ∙ KITCHENER ∙ Affordable office space AAA Office Space. Space is Divisible to Ample parking available. high profile plaza at the Corner of 512-2,211 SF ∙ $22.00/SF MLS WATERLOO ∙ Updated office space just off LRT route. High visibility parking. Lester ∙Tobin* approx. 8,000 Square Feet. James Boudreau* Ottawa+ Westmount. Great Tenant 4,500 Immediately available for lease with ∙ 1,162 SF - Boudreau**/Gary 1,779 SF ∙ From $22.00/SF ∙ 30720593/599/604/619/621/629/ SF ∙ $9.00/SF ∙ MLS: 30719754 on Ottawa St. Price includes all utilities. James Boudreau**/Gary Boudreau* support, ample on-site drive up furniture if required. Long term or MLS: 30717001 ∙ BRESLAU ∙ 634/637/641 ∙ WATERLOO parking available. 512-2,211 SF ∙ $22.00/SF ∙ MLS ∙ WATERLOO ∙ Updated office space Ample parking. short term lease options available. Retail in a $22.00/SF growing, ∙ Welcome to “The Lester Hub”Tobin* an Immediately available for lease with New 1,162 SFBoudreau**/Gary -Development 1,779 SF ∙ From James Boudreau* 30720593/599/604/619/621/629/ 4,500 SF ∙ $9.00/SF ∙ MLS:with 30719754 ∙ under-serviced area. Variety of Uses Unit potentially available storage exciting new six-tower commercial/ furniture if required. Long term or MLS: 30717001 ∙ BRESLAU ∙ 634/637/641 WATERLOO Updated space 512-2,211 SF mix ∙∙ $22.00/SF ∙ MLS∙ WATERLOO space. term Call ∙lease today for office more info! permitted. Pad site w/drive-thru residential to development short options available. New SF Retail Development in a growing, Welcome “The Hub” an Immediately availableChris for Kolednik** lease with available. 1,162 - 1,779 SF ∙ From $22.00/SF ∙ 30720593/599/604/619/621/629/ located between two universities. Unit potentially available withterm storage under-serviced area. Variety of Uses exciting new six-tower commercial/ furniture if required. Long or MLS: 30717001 ∙ BRESLAU ∙ 634/637/641 ∙ WATERLOO ∙ James Boudreau**/Gary Boudreau* Lester Tobin* space. Call today for more info! permitted. Pad site w/drive-thru residential lease ∙options available.∙ New Retail Development in a growing, Welcome tomix “The development Hub” an short 894 SF term ∙ $21.00/SF MLS: 30758407 Chris Kolednik** available. located between two universities. Unit potentially available with storage under-serviced area. Variety of Uses exciting six-tower commercial/ 2,000 SF new ∙ $18.00/SF ∙ MLS: 30711454 WATERLOO ∙ Rare main floor 1,010 SF Boudreau**/Gary - 2,800 SF ∙ $13.50/SF James Boudreau* Lester Tobin* space. Call today for more info! permitted. Pad site w/drive-thru residential mix development opportunity at well known, award MLS: 30721013/ 30721031/ WATERLOO ∙ Office/Retail Space, High 894 30721039 SF ∙ $21.00/SF ∙ MLS: 30758407 ∙ Chris Kolednik** available. located Visibility, between Steps fromtwo WLU,universities. Starbucks, winning building. High traffic KITCHENER ∙ Busy neighbourhood WATERLOO ∙ Rare mainreader floor 1,010 James Boudreau**/Gary Boudreau* 2,000 SF ∙ $18.00/SF ∙ MLS: 30711454 Lester Tobin* SF - 2,800 $13.50/SF intersection. 24/7 electronic Mortys, BMO, On-Site Parking. plaza. Various sized SF units∙ available. opportunity at well known, award 894 SF ∙ $21.00/SF ∙ MLS: 30758407 ∙ WATERLOO ∙ Office/Retail Space, Uses. High board. Colin Vogel* MLS: 30721013/ 30721031/ 30721039 Zoning Allows for Many James Boudreau**/Gary Boudreau* building. WATERLOO ∙ RareHigh main traffic floor 1,010 Visibility, from WLU, Starbucks, 2,000 SFSteps ∙ $18.00/SF ∙ MLS:Kolednik** 30711454 winning KITCHENER ∙ Busy SF - 2,800 SF ∙neighbourhood $13.50/SF Chris electronic reader opportunity at24/7 well known, award Mortys, BMO, On-Site Space, Parking. WATERLOO ∙ Office/Retail High intersection. 523 SF ∙ $39.00/SF ∙ MLS: 30662378 ∙ MLS: 30721013/ plaza. Various 30721031/ sized units30721039 available. - 5,500 SF ∙ $32.00/SF ∙ winning building. High traffic board. Colin Vogel* Visibility, Steps from WLU, Starbucks, Zoning Allows for Many Uses. WATERLOO ∙ New retail unit with 1,100 KITCHENER ∙ Busy neighbourhood James Boudreau**/Gary Boudreau* 3,000 SF ∙ $28.00/SF ∙ MLS: 30637864 intersection. 24/7 electronic reader MLS: 30737746/728/713/696/682 Mortys, On-Site Parking. Chris Kolednik** KITCHENERBMO, ∙ Freestanding pad site patio. Located in the heart of the plaza. Various sized units available. ∙ New retail plaza board. Colin Vogel* SF ∙ $39.00/SF 30662378 Zoning AllowsAmple for on-site Many drive Uses. University District. ∙ MLS: Lester Tobin* ∙ CAMBRIDGE James Boudreau**/Gary Boudreau* with drive-thru. up 523 1,100 5,500 SF high ∙ $32.00/SF on main corridor with exposure. ∙ Kolednik** 3,000 SF ∙ $28.00/SF ∙ Chris MLS: 30637864 parking. Lester Tobin* WATERLOO ∙ New retail unit with MLS: 30737746/728/713/696/682 30% leased. 5 Units left. Ample on-site 523 SF ∙ $39.00/SF ∙ MLS: 30662378 ∙ patio. Located in the heart of the KITCHENER ∙ Freestanding pad site 2,221 SF ∙ $18.50/SF ∙ MLS: 30731657 1,100 - 5,500 SF ∙ $32.00/SF ∙ CAMBRIDGE ∙ New Neighbouring retail plaza drive up parking. WATERLOO ∙ New retail unitTobin* with 3,000 SF ∙ $28.00/SF ∙ MLS: 30637864 University District. Lester WATERLOO ∙ Finished Unit on with drive-thru. Ample∙ on-site drive up∙ 5,800 SF ∙ $549,000 MLS: 30599428 MLS: 30737746/728/713/696/682 on main corridorZehrs, with high exposure. include McDonald's, Located in theonheart of the Tenants KITCHENER ∙ Freestanding pad site patio. Main floor. Abundant site parking. AYR Located at the gateway Urban parking. Lesterto Tobin* CAMBRIDGE ∙5 Units New retail plaza LCBO, Beer Store and many more. 30% leased. left. Ample on-site University District. Lester Tobin* with Amplevet., on-site drive up High SF traffic @ King∙ MLS: + Columbia. ∙ $18.50/SF 30731657 on main corridor with high exposure. Ayr. drive-thru. Ideal for office, or place of 2,221 Lester Tobin * drive up parking. Neighbouring parking. Lester Tobin* John Hoffman* Unit on 30% leased. 5 Units left. Ample on-site worship. Colin Vogel*∙ WATERLOO ∙ Finished 5,800 SF ∙ $549,000 ∙ MLS: 30599428 2,221 SF ∙ $18.50/SF ∙ MLS: 30731657 Tenants include Zehrs, McDonald's, AYR at the gateway to Urban Main floor. Abundant on site parking. drive up parking. Neighbouring *Located Sales www.coldwellbankercommercial.ca ∙ Finished Unit on LCBO, Beer StoreRepresentative and many more. * Sales 5,800 SF ∙ Representative $549,000 ∙ MLS: 30599428 ∙ WATERLOO traffic @ King + Columbia. Tenants Ayr. Ideal for office, vet., or place of High include Zehrs, McDonald's, site parking. Email : Commercial@coldwellbankerpbr.com ** Broker Lester Tobin * AYR Located at the gateway to Urban Main floor. Abundant on ** Broker John Hoffman* LCBO, Beer Store and many worship. Colin Vogel* more. Ayr. Ideal for office, vet., or place of High traffic @ King + Columbia. Lester Tobin * John Hoffman* worship. * Sales Representative Colin Vogel* www.coldwellbankercommercial.ca * Sales Representative Email : Sales Commercial@coldwellbankerpbr.com ** *Broker ** Broker Representative www.coldwellbankercommercial.ca * Sales Representative Email : Commercial@coldwellbankerpbr.com ** Broker ** Broker 16
COMMERCIAL INVESTOR | Commercial Real Estate & Business Opportunities
August 31–September 28, 2019
Kitchener/Waterloo Guelph & Cambridge
COLDWELL BANKER COMMERCIAL COLDWELL BANKER REALTY, COMMERCIAL PETER BENNINGER BROKERAGE 508 RIVERBEND DRIVE, KITCHENER, ON. PETER BENNINGER REALTY, BROKERAGE PHONE: 519-743-5211 508 RIVERBEND DRIVE, KITCHENER, ON. COLDWELL BANKER COMMERCIAL PHONE: 519-743-5211 2,500 SF PETER ∙ $14.00/SF ∙ MLS: 30718982 INVESTMENT PLAZA BUSINESS FOR SALE BENNINGER REALTY,RETAIL BROKERAGE WATERLOO 7,271 SF|0.66 Ac.∙ CAMBRIDGE ∙ Space offers a perfect 2,500 SF ∙ $14.00/SF ∙ MLS:DRIVE, 30718982 RETAILON. INVESTMENT PLAZA 508 RIVERBEND KITCHENER, BUSINESS FOR SALE $3,600,000 ∙ MLS: 30712328 ∙ Fully spot for any ∙business that needs Office WATERLOO 7,271 SF|0.66 Ac.∙ CAMBRIDGE Space offers a perfect PHONE: 519-743-5211 plaza. Located in GUELPH CAR WASH, GAS STATION & and Warehouse space. Ideal for HVAC, leased investment ∙ MLS: 30712328 ∙ Fully spot for any business that needs Office $3,600,000 busy traffic node. Ample on-site drive- LUBE SHOP WITH PROPERTY∙ Water and Cellphone Shop RETAIL investment plaza. Located GUELPH CAR WASH, GAS STATION & 2,500 SFSoftener ∙ $14.00/SF MLS:for 30718982 PLAZAin 5,873 and Warehouse space. ∙Ideal HVAC, leased up parking. INVESTMENTLester Tobin* B USF S I ∙N$2,700,000 E S S F O ∙R Exclusive SALE ∙ Uses. Chris Kolednik** busy traffic node. Ample on-site driveLUBE station SHOP WITH PROPERTY∙ CAMBRIDGE offers a perfect with propane, Water Softener∙ Space and Cellphone Shop WATERLOO 7,271 SF|0.66 Ac.∙ Gas up parking. Lester Tobin* 5,873 SF ∙ $2,700,000 ∙ Exclusive ∙ $3,600,000 ∙ MLS:OWNER/ 30712328 ∙ USER Fully automated carwash and lubeshop INVESTMENT/ spot for any business that needs Office Uses. Chris Kolednik** Gas station with leased investment plaza. Located in GUELPH CAR WASH, GAS STATION & I N D Uspace. S T R IIdeal A L /for HVAC, PROPERTY WATERLOO ∙ 6,282 SF ∙ business with property on 1.05propane, acres. and Warehouse INVESTMENT/ OWNER/ USER LUBE automated carwash and lubeshop busy traffic node. Ample on-site driveSHOP WITH PROPERTY∙ $2,999,000 ∙ MLS: 30749343 ∙ InvestEnvironmental reports completed. Water Softener U LS /E Shop PROPERTY WATERLOO ∙ 6,282 SF ∙ 5,873 I NWA D URSEand THROICellphone A up parking. Lester Tobin* SF for ∙with $2,700,000 Exclusive ∙ business property 1.05 acres. ment property or owner/user. Main Call more ∙ on details! Uses. F O R S A L E /Chris Kolednik** L E A S E $2,999,000 ∙ MLS: 30749343 ∙ InvestGas station with propane, Environmental reports completed. floor 4,107 SF restaurant, 2nd floor 2Lester Tobin* WA R E H O U S E INVESTMENT/ USER ment property or OWNER/ owner/user. Main automated and lubeshop bedroom apartment and 4 bedroom Call forcarwash more details! F OIRN SDAULSET/RLIEAALS/E PROPERTY WATERLOO ∙ 6,282 SF 2∙ business with property on Lester floor 4,107 SF restaurant, 2nd floor acres. Lester Tobin* Tobin* ST JACOBS BANQUET1.05HALL/ 11,000 SF on +1,859 SF Bungalow student rental. $2,999,000 ∙ MLS: 30749343 ∙ InvestEnvironmental reports completed. bedroom apartment and 4 bedroom R E H OMLS: U S E30752158 RESTAURANT 8,000 SF ∙ 4.3 Acres House ∙ WA $850,000 ment property Main Call for rental. or owner/user. Lester Tobin* ST JACOBS BANQUETdetails! HALL/ $2,100,000 ∙ MLS: more 30704935∙Extensive 11,000 117 East Road FSFO Ron S +1,859 A LLions E / LSFEHead, ABungalow S E ON. ∙ student floor 4,107LSF restaurant, 2nd floor 2Lester Tobin* A N D F O R renovations to building and RESTAURANT 8,000 SF ∙ grounds. 4.3 Acres Many ∙uses permitted.MLS: Possible medical House $850,000 30752158 bedroom apartment and 4 bedroom Includes furniture/cooking equipment. $2,100,000 ∙ MLS: 30704935∙Extensive marijuana grow op. Youtube: S A L E / L E ALester SE 117 East Road Lions Head,Property ON. ∙ student rental. JACOBS to 11,000 on +1,859 SF Bungalow L A N D F O R Tobin* ST Site includes a BANQUET freestanding home. renovations building and HALL/ grounds. Address for Marketing Video. Many usesSFpermitted. Possible medical RESTAURANT 8,000 SF ∙ 4.3 Acres* House ∙ $850,000 MLS: 30752158 Steve Gerakopulos Includes furniture/cooking equipment. Eric Frey* marijuana grow op. Youtube: Property SALE/LEASE ∙ MLS: 30704935∙Extensive 117 East Road Lions Head, ON. ∙ OUTDOOR STORAGE/LAND FOR $2,100,000 Site includes a freestanding home. Address for Marketing Video. LAND FOR renovations to building and grounds. Many medical 38,000uses SF ∙permitted. 6.82 AcresPossible ∙ $1,199,000 * For CommercialSteve Real Gerakopulos Estate Eric Frey* ∙ LEASE ∙ BRIGHT, ON. MLS:30756238 ∙ Includes furniture/cooking equipment. marijuana grow |op. Youtube: Property 1/2 Acre S∙A$2,000/ L E / L EMonth A S E ∙ Located Solutions 2,000 SF Office 36,000 SF Industrial in Canada's Technology OUTDOOR STORAGE/LAND FOR includes a freestanding home. Address Marketing Video. 30738271 ∙for 607 Little Pike Bay Rd.∙ minutes from Hwy #401. 600 amp, 17’ SiteTriangle, contact anyReal one Estate of our 38,000 SF ∙ 6.82 Acres ∙ $1,199,000 LEASE ∙ BRIGHT, ON. MLS:30756238 ∙ For Commercial Steve Gerakopulos * Eric LionsSFHead, Previous useFrey* was ceilings, 3 cranes, 1—dock, 2 drive-in sales representatives, or call 2,000 Office ON. | 36,000 SF Industrial 1/2 Acre ∙ $2,000/ Month ∙ Located Solutions in Canada's Technology OUTDOOR STORAGE/LAND FOR manufacturing. High Power doors. Outdoor storage. Tobin* 519-743-5211 30738271 607 Little Pike Available. Bay Rd. minutes from Hwy #401.Lester 600 amp, 17’ Triangle, contactReal any Estate one of our 38,000 SF ∙ ∙ 6.82 Acres For Commercial High Ceilings. Google∙ $1,199,000 Address for∙ LEASE ∙ BRIGHT, ON. MLS:30756238 ∙ Lions Head, ON.| 36,000 Previous use was ceilings, 3 cranes, 1—dock, 2 drive-in sales representatives, or call 2,000 SF Office SF Industrial 1/2 Acre ∙ $2,000/ Month ∙ Located Solutions in Canada's Technology Marketing Video. Eric Frey* Peter Benninger** Ext. 3000 0.80 Ac. ∙ MLS: 30686210 ∙ $990,000 ∙ manufacturing. High Power Available. doors. Outdoor storage. Lester Tobin* 519-743-5211 30738271 ∙ 607 Little Pike Bay Rd. minutes from Hwy #401. 600 amp, 17’ Triangle, contact any one of our ∙ Corner lot located on High Address for CLARINGTON Gary Boudreau * Ext. 3029 Lions Ceilings. Head, ON.Google Previous use was ceilings, 3 cranes, 1—dock, 2 drive-in sales representatives, or call I N V EHigh S T MPower E NEric TAvailable. #2 between Courtice & Marketing Video. Frey* HWY Ext. 3000 Peter Benninger** manufacturing. doors. Outdoor Tobin* ∙ 519-743-5211 0.80 Ac. ∙ MLS: storage. 30686210Lester ∙ $990,000 James Boudreau ** Ext. 3020 Bowmanville. Zone change required F O R Google S A L EAddress for CLARINGTON High Ceilings. located of on Ext. 3029 Gary Boudreau * (C4) Call ∙ Corner for lot list Eric Ext. Marketing PeterFrey* Benninger** Ext. 3118 3000 I NVideo. V E S T M E N TEric Frey* HWY #2 between Courtice & 0.80 Ac. ∙ MLS: 30686210 ∙ $990,000 ∙ potential uses. Lester Tobin* Ext. 3020 James Boudreau ** SteveBoudreau Gerakopulos* Ext. 3029 3033 required CLARINGTON ∙Zone Cornerchange lot located on F O RFORSSALE A L E∙ STRATFORD Bowmanville. Gary * Ext. RETAIL PLAZA I N V E S T M E N T for Courtice list HWY #2Call between &of Ext. 3118 Eric Frey* 9,245 SF ∙ $1,900,000 ∙ MLS: 30759097 (C4) Bill Halpenny* Ext. 3120 HIGH DENSITY MIXED USE James Boudreau ** Ext. 3020 Bowmanville. Zone change required uses. Lester Tobin* F O Rretail S A L Eplaza near potential Fully leased DEVELOPMENT KITCHENER ∙ 3.25 Ext. 3033 Steve Gerakopulos* Ext. John Hoffman* RETAIL PLAZACore FORand SALE ∙ STRATFORD Call for list of Eric Frey* Ext. 3040 3118 Downtown University of Wa- (C4) Acres ∙ $4,250,000 ∙ EXCLUSIVE potential uses. Lester Tobin* 9,245 SF Stratford ∙ $1,900,000 ∙ MLS:Six30759097 terloo Campus. Tenants. HIGH Ext. 3120 Bill Halpenny* Chris Kolednik** Ext. DENSITY MIXED USE Frontage on 2 major Streets at Steve Gerakopulos* Ext. 3106 3033 RETAIL PLAZA FOR SALE plaza ∙ STRATFORD Fully leased retail near Large lot. Lester Tobin* DEVELOPMENT KITCHENER ∙ 3.25 the gateway to Downtown Ext. 3040 John Hoffman* Eric Reiner* Ext. 2099 9,245 SF ∙Core $1,900,000 ∙ MLS: 30759097 Bill Halpenny* Ext. 3120 Downtown and University of Wa- Acres HIGH ∙ DENSITY $4,250,000 ∙ EXCLUSIVE KITCHENER ExcellentMIXED accessUSE to Fully leased retail plaza near terloo Stratford Campus. Tenants. Frontage INVESTMENT PLAZA ∙ Six KITCHENER Ext. 3106 Chris Kolednik** DEVELOPMENT ∙ 3.25 Lester Tobin* Ext. 3023 on 2 KITCHENER major Hwy Streets 401 via 8at John Hoffman* Ext. 3040 Downtown and SF University of Wa-∙ Hwy Large lot. SF &Core Lester Tobin* 10,656 10,624 ∙ $6,900,000 Acres ∙ $4,250,000 ∙ EXCLUSIVE Directly on proposed light the gateway to Downtown Colin Vogel* Ext. 3110 Eric Kolednik** Reiner* Ext. 2099 terloo Stratford Campus. Tenants. Chris Ext. 3106 EXCLUSIVE ∙ New retail Six plaza 2016. Frontage onExcellent 2 transit major Streets atto rail route. KITCHENER access Large lot. Lester Tobin* Long term leases. residential the Peter INVESTMENT PLAZANew ∙ KITCHENER to Downtown Harmony Voisin* Ext. 3117 Lester Tobin* Ext. 3023 Benninger**/Colin Vogel* 8 Eric Reiner* Ext. 2099 Hwy gateway 401 via Hwy developing Lester Tobin*∙ KITCHENER Excellent access to 10,656 SF & area. 10,624 SF ∙ $6,900,000 on proposed light INVESTMENT PLAZA ∙ KITCHENER Directly ColinTobin* Vogel* Ext. 3110 Lester Ext. 3023 * Sales ∙Representative www.coldwellbankercommercial.ca 401 via Hwy 8 EXCLUSIVE New retail plaza 2016. Hwy * Sales Representative transit route. 10,656 SF & 10,624 SF ∙ $6,900,000 ∙ rail Directly on proposed light Long leases. New residential Email : Commercial@coldwellbankerpbr.com ** term Broker Harmony 3117 Colin Vogel*Voisin* Ext. 3110 **Ext. Broker Vogel* EXCLUSIVE ∙ New retail plaza 2016. rail Peter Benninger**/Colin transit route. developing area. Lester Tobin* Long term leases. New residential Harmony Voisin* Ext. 3117 Peter Benninger**/Colin Vogel* * Sales Representative www.coldwellbankercommercial.ca * Sales Representative developing area. Lester Tobin* Email : Sales Commercial@coldwellbankerpbr.com ** *Broker ** Broker Representative www.coldwellbankercommercial.ca * Sales Representative Email : Commercial@coldwellbankerpbr.com ** Broker ** Broker August 31–September 28, 2019
Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR
17
Southwest Ontario Sutton - Huron Shores Realty Inc. Brokerage
Independently Owned and Operated
606 Goderich Street, Port Elgin, ON N0H 2C0
519-797-1007 1-888-727-1007
We never stop moving:
Vince Gallea Sales Representative ACTION PLUS REALTY Brokerage
Brian Shular
Doug Freiburger
Kaitlyn Shular
Crystal Mitchell
Joey Wentworth
Broker of Record Sales Representative Sales Representative Sales Representative Sales Representative
Excellent Income Investment
Commercial Income Property
569 Green St., Port Elgin $564,900
583 Catherine St., Port Elgin $550,000
• Stately 2-Storey Brick Property • 5 Apartments, Fully Rented • Located Steps to the Downtown Core • Short Walk to the Beach & Harbour • MLS # 115253
• 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
www.suttonhuronshores.com Not intended to solicit properties currently listed for sale.
George Gicopoulos Sales Representative Business-Commercial Sales and Leasing
ggicopoulos@gmail.com
Cell 519-852-4458 GREAT INVESTMENT PROPERTY • Small Town North of
London • Extensively Renovated Recently • Café on the Main Floor could be available as part of the deal. • 3 x 1 Bedroom Apts above V.T.B. Possible
Asking $439,000
SARNIA INVESTMENT PROPERTY
O: 519-426-8816
ATTENTION INVESTORS OR ENTREPRENEURS!
$399,000 Fully rented store front along with 4 upper one bedroom apartments. Located in the town of Simcoe downtown core. Good traffic flow with walking distance to Town hall, library, banks, hospital, shopping mall, professional and retail stores. Only 20 minutes to the Shores of Lake Erie. All units have their own gas furnace along with separate gas and Hydro meters. CBD zoning allows for many uses. Main floor commercial space is approximately 3,000 sq. ft. The full basement is ideal for storage. Front and rear entrances along with 7-8 parking spaces. Call today for more details. MLS®
Sean Gicopoulos Sales Representative Investments And Residential
COMMERCIAL CANADA INC
WE MADE THE SWITCH TO EXP., MAYBE YOU SHOULD TOO!
seangic@gmail.com
Cell 519-852-4426
FOR LICENCED REALTORS
PUBS/RESTAURANTS & COFFEE SHOPS • Busy Sub & Wrap Shop: 11am to 8pm
(6 Days/week) • Great Sales & Profits • London, Ontario • Asking only $139,000
FOR DETAILS ON EXP REALTY Contact George or Sean Gicopoulos
----------------------------------------• Restaurant/Steak House, Sarnia Asking $79,000 over 6,000 sq. ft. ----------------------------------------• Many other Restaurants available, Franchise or Independent
NEW FRANCHISE OPPORTUNITIES
GREAT LITTLE EATERY
• Over 6000 Sq. Ft Free
Standing Building • 1.3 Acres • Corner Location with great Visibility and Signage • Restaurant/Steakhouse • Tenant on Long Term Lease Business also for sale
Asking $995,000
18
Independently Owned and Operated.
C: 519-718-2263
COMMERCIAL INVESTOR | Commercial Real Estate & Business Opportunities
• Malibu Restaurant
Franchise • 3000 to 3500 Sq. Ft. • Breakfast and Lunch Only • New or Retrofit • $350,000 to $600,000 • Training and Support Provided • London & Southwestern Ontario
• Open 6 days 11AM - 4PM • Most desirable Location in
London’s Richmond Row • Under 1,400 SF Fully
Equipped • Long Established with Very
Successful Lunch Catering/ Take out Business • Tremendous Money Maker
$375,000
August 31–September 28, 2019
Hamilton
86 MUNSEE STREET N, CAYUGA
$750,000
Well priced commercial property/building located in Cayuga’s established north end. Incudes approximately 6400 sf metal clad building with approximately 3000 sf attached rear leanto + approximately 1200 sf upper level mezzanine/office. Situated on 1.47 ac lot offers large paved front parking area+fenced rear storage compound.
$539,000 46 ARGYLE STREET N, CALEDONIA
3 stry comm/residential building offering excellent visual exposure + hi-volume of pedestrian/vehicular traffic. Rear alley entry offering 3-4 car parking + street parking. MAIN LEVEL - 880sf comm/retail unit, 2ND LEVEL 3 bdrm res. unit, 3RD LEVEL - 1 bdrm res. unit & 3RD LEVEL/ATTIC - 1 bdrm res. unit. All units currently rented generating $40,800 annual gross. Do not go direct-48 hours notice for viewings
$649,900 7 TALBOT STREET EAST, CAYUGA Ideal Cayuga investment opportunity with prime, commercially zoned corner lot. Offering detached shop operating as “Garvie’s Automotive”, specializing in service-orientated mechanics garage & used car lot. Buyer to verify in regards to zoning, permit availability & overall due diligence.
August 31–September 28, 2019
$2,250,000 1 ALABASTINE AVENUE, CALEDONIA
Cash flowing Caledonia Investment & Business Opportunity! This turn key package comes complete with tremendous exposure on the corner of Argyle, beautifully presented office complete with paved parking area, detailing shop, additional mechanic area with multi lifts & 2.25 acre rear browsing & parking.
$1,500/MONTH 7104 CANBOROUGH ROAD, CANBOROUGH Turn-key commercial kitchen. Asking $1500 p/month plus apportioned share of utilities. Offers functional kitchen, large sit-down bar, 5 booths, extra table for 6 plus private outdoor patio. Includes exclusive use of all kitchen equipment,cutlery,equipment, etc. Tenant responsible for all liquor licence applications.
Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR
19
Hamilton
George Kyprianou
Konstantinos Violaris
Real Estate Salesperson
Real Estate Salesperson
905-512-1385
905-906-4131
gkyprianou@royallepage.ca
violaris@kvrealestate.ca
Well-established restaurant being offered with a large and loyal customer base. High gross sales with opportunity for growth. Excellent exposure on Queenston Rd with ample parking. Long term lease in place with options. Call listing agents for more information. Do not go direct.
$249,900
H A M I L T O N
Mazhar Roshan Sales Representative
905.929.9800 647.609.9463 905.574.6400
GTA Direct Office
mazharroshan@sympatico.ca Well established high volume Canada post Franchise business available for sale 905 929 9800
RETIREMENT COMMUNITY
BROKERAGE I have qualifi ed buyers for up to $5M in commercial and investment buyers. Call for details.
HAMILTON
PIZZA STORE
RE DU CE D
BURLINGTON FOR LEASE
For more inquiries please call Mazhar Roshan at
HomeLife Professionals Realty Inc.
Direct
2000 Sq. Ft. on lower level for storage.
125 TOLTON AVENUE
Price includes 2 buildings, 2 bdrm house, retail, convenience store, with w/in cooler, catering take out business, lottery, ATM, and much much more. Lots of potential, retiring couple, good for home and work.
2,392 Sq. Ft. Long established convenience store, owner retiring, located in mature neighbourhood, well built building, store with 3 bedroom residence. For more details call LBO.
Long established Pizza and Wings business. Doing over $50,000 sales per month. Low rent and long lease, real money-making business. Close to all amenities, schools and on bus route. Good for big family or business oriented individual.
HAMILTON
Long established pizza store. Doing over 30k sales per month. Low rent, long lease.
“My Business is to Sell Your Business” 20
COMMERCIAL INVESTOR | Commercial Real Estate & Business Opportunities
August 31–September 28, 2019
Hamilton
242
Main St. E. Hamilton
Roman Spytkowsky, Broker 905-528-8956 ext. 4190 email: romans@efforttrust.ca
1057 MAIN STREET WEST
5097 & 5099 KING STREET BEAMSVILLE
2nd floor Office Space approx. 1068 sq ft. Asking $20.00 sqft base. Raw unit. Building has an elevator and common washrooms. Majority of building is for medical purposes. Easy access and parking. Call Roman Spytkowsky Broker - 905 528-8956 ext 4190
In Beamsville - Partial Estate Sale. – Corner property just under half an acre. 1 large 2 storey home with basement consists of 3 units. Large 2 story barn all in Town. Purchasers to do their own due diligence regarding development of this property. Call for details. Asking $629,000. Call for more details. Call Roman Spytkowsky Broker - 905 528-8956 ext 4190
617 PARKDALE
859 WOODWARD, HAMILTON
420 PARKDALE UNIT 6
D E S
A
Industrial unit of approximately 15,000 sq ft. 2 drive in overhead doors and 1 loading dock. Small gated area. Ceiling height approx. 15 foot. Landlord willing to demise into 3 units of approx. 5,000sqft. Please note we will not consider 1000 – 2500 sqft units. Corner of Parkdale and Brampton Street. Call Roman Spytkowsky Broker - 905 528-8956 ext 4190
770 MOHAWK ROAD
Currently set up as medical use and offices. Looking for low traffic use. Space is approx. 950 sq ft. Units is ground floor of high rise in the commercial component. Base rent $21.00 per sqft. August 31–September 28, 2019
This is a double unit with 1 overhead door and one washroom. Unit is at the rear of the facility. No street frontage. Locked gated area for Tenants. Current unit is 9728 sq ft but Landlord will demise into 2 separate units depending on terms and Tenant Covenant. Easy access any time. Units are approximately 95 feet deep. Set up for warehouse or manufacturing. Call Roman Spytkowsky Broker - 905 528-8956 ext 4190
LE
Great unit approximately 5098 sqft. One drive in overhead door approx 12 wide by 14 ft high. 1 washroom and some walk in coolers available if required. (if required they will be removed). Easy and quick access to Burlington Street/QEW and Red Hill. Vacant easy showings. Call Roman Spytkowsky Broker - 905 528-8956 ext 4190
DO YOU NEED PROPERTY MANGEMENT? Residential, commercial and industrial Call Roman to discuss Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR
21
Hamilton
Tips on how to choose a group insurance plan for
your small business
A well-designed group benefits plan can offer significant advantages for your employees and your business. It can help you attract and retain top talent, promote a healthy work environment and differentiate your business from your competitors. “A group insurance plan can be a flexible and affordable way to enhance your total compensation package,” explains John Carinci, VP and head, operations and client experience, RBC Insurance. “Many Canadian employees identify their benefits plan as a key reason for remaining with their current employer. In fact, given the choice, 59 per cent of employees would prefer group benefits over a 10 per cent salary increase.” Before choosing a
group insurance plan, consider the following three tips: • Define your objectives – To identify whether you need a basic plan or a comprehensive plan, first identify your primary purpose for implementing a benefits package. The plan you choose may be different depending on whether your goal is to attract new talent, retain existing employees, or simply offer basic coverage.
FOR SALE 5.2 Acres approved commercial land development Ready for Construction
58,000 sq. ft. retail store plaza Gas station complex
Cedar Park Plaza / Gas Station Complex
• Provide coverage your employees will use – Talk to your employees about their needs prior to selecting your group plan. By doing the research up front, you’ll avoid paying for features your employees won’t use, while also aligning the plan to your stated objectives. • Choose a plan that is a good fit for you and your employees – A good benefits package provides a benchmark level of coverage that meets the needs of your employees, at a cost that you are comfortable with. Prepare a list of questions for your advisor to ensure you are delivering the best solution possible. CI For more information, visit rbcinsurance. com/groupbenefits
View Our Magazines On any
DigiTaL DeViCe anytime, anywhere! Published by:
Location Queensway Street West, Simcoe, Ontario
*58,000 sq. ft. Plaza ready for construction NOW *Optional with new gas complex *Prime location 250+ customer parking spaces Cedar Park Plaza / Simcoe Ontario Commercial Investment opportunity for Investors / Builders
Sale Price $1,990,000 (Financing available)
Call Ed Bain
416-836-7686 (email) slandcorporation@yahoo.ca
22
COMMERCIAL INVESTOR | Commercial Real Estate & Business Opportunities
Now you can view all Commercial Investor magazines online using any smartphone, tablet or desktop device.
TheCOMMerCiaLinVesTOr.Ca August 31–September 28, 2019
Greater Toronto Area
Over 27 Years of
Cutting Edge Results
&
Shaul
Shaul Sharabi BROKER, B.A.
416.902.3770 “HALL OF FAME”
Rachel Sharabi
Rachel Sharabi SALES REP, B.Sc.
416.903.5598
“LIFETIME ACHIEVEMENT”
VIP Passes To New Condos Before Sale To Public Starting Out – Moving Up – Downsizing – Investing – Commercial
$1,129,000
BATHURST & SHEPPARD – STORE WITH APARTMENT AND OFFICE
$7,800,000
LAWRENCE & MIDLAND, TORONTO FREE STANDING COMMERCIAL PLAZA
$1,300,000
A CAR SHOP THAT SPECIALIZES IN VOLKSWAGEN & AUDI
Great Investment Property With Desirable “Roof Top Sign Income” Fully Rented “ A1” Tenants. Sheppard Hub. 2nd Floor Converted 3 Bedroom Apt w/ 1-4Pc Bath & Separate Walkout To Backyard. Main Floor-Long Time Tenant, With Walkout To Back Yard, 1-2Pc Bath & Stairs To Bsmt: 1-2Pc Bath, Separate Meters,Tenants Pay All Utilities,
Rare Opportunity To Own A Free Standing Commercial Plaza. 4 Story Building. Prime Location Highly Visible Corner Plaza And Apartment:10 Retail Stores, 11 Office Space,14 Apartments Units,30 Outdoor Parking And 49 Underground Parking.
This Business Is Fully Equipped w/ Everything You’ll Need From Building/Dismantling Cars, Give Safety Inspections & Yellow Stickers For Trucks. Well Established Clientele Since 2002. Affordable Rent. Inventory Includes: Cars For Sale,Tow Truck, Fork Lift,4 Hoists,1 Frame Machine,Tire Installation Machine/Balancer,Large Amount Of Inventory Of Used & New Parts,Sep Rims & Tire Section,3 Offices Fully Furnished,Security/Camera System,etc.
$649,900
$1,150/MONTH
$79,000
WELL ESTABLISHED ART GALLERY & ONLINE AUCTION
RENOVATED 450 SF UNIT FRONT FOR SUB LEASE
Excellent Opportunity To Own A Business w/ Lots of Connections. Approx $2,500,000 Worth of Inventory! Owner In Art Business For Over 25 Years is Willing To Train. Very Fine Art Stock & Antiques. Tane Art Gallery Is Focused On Providing Top Quality Customer Service.
Offered Space Is Completely Finished w/ Laminate Flooring & A Washroom. Very Clean. Great Use For A Professional Office, Showroom, Etc. Head Tenant Uses Back Warehouse For Storage Only.
WOODBRIDGE TRATTORIA ESTABLISHED RESTAURANT FOR SALE
Great Opportunity To Own A Well Established Italian Restaurant At Weston Road & Highway 7. Fully Equipped Kitchen w/ High Quality Equipment. 8 Ft Hood Fan, 24 Seats. Monthly Lease Is $2,060 Incl. Tmi & Hst (Gas & Hydro Extra, Average $300 Monthly Each. Inc: All Kitchen Equipment & Working Tables, All Tables & Chairs, Cash Register, Etc. - List To Be Provided)
www.luxuryrealtybroker.com
*Free market evaluation • Virtual tour & pictures • Colour brochure • Wide exposure advertising
REALTRON REALTY INC, BROKERAGE INDEPENDENTLY OWNED & OPERATED August 31–September 28, 2019
*limited to $10,000
Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR
23
businesssavvy
Should you buy a business?
Buying a business rather than starting one from scratch allows you to skip the expensive – and risky – start-up stage. Given the stakes, it’s important to thoroughly weigh your business goals, risk tolerance and market opportunities before making an acquisition. Here are some pros and cons of buying a business. Pros
1. Track record – Buying a business gives you an established customer base, team, business plan and operation. No need to start from scratch. 2. Income – The best acquisition targets are likely to already have solid sales and profits. A new venture, on the other hand, can take a long time to build revenue and become profitable, and the risk of failure is significant. Only about half of Canadian start-ups are still operating after five years, according to Innovation, Science and Economic Development Canada. 3. Financing – The assets of the company you are buying can be used to help secure financing needed for the purchase. Lenders 24
are less likely to take a chance on a start-up. 4. Vendor assistance – Existing owners often help finance the purchase of their business by providing vendor financing. Besides being a good source of patient capital, the vendor’s investment provides motivation to the former owner to help make a smooth transition. 5. Market knowledge – Acquisition may be a good strategy if you want to expand into a new industry or geographic location where you lack contacts and knowledge.
Cons
1. Poor fit – It can be difficult to find the right company to acquire – one that is a good fit with your existing
COMMERCIAL INVESTOR | Commercial Real Estate & Business Opportunities
business culture and strategic goals. A poor choice can cause the acquisition to become a sinkhole for your time, money and other resources. 2. Integration challenges – Integrating a new company into your existing operations can be harder and more time-consuming than entrepreneurs realize. Expected payoffs often don’t materialize as quickly as planned. 3. Vision conflict – It may be harder to impose your vision on a company that already has its own culture and history than if you were to expand a business you already own. Some entrepreneurs like the challenge and excitement of starting an entirely new company or embarking on an expansion where they can put their stamp on from the beginning. 4. Dependence on the old guard – A rocky ownership change can prompt key staff to leave and imperil customer relationships. That can be especially problematic in a business that is highly dependent on the involvement of the owner or certain employees. The decision may rest on market and growth opportunities. Acquisition may be a good strategy if prospective companies are undervalued because of market conditions. Conversely, if valuations are high, you may need to obtain more financing, potentially reducing the long-term returns from the acquisition. Whatever your decision, the project will have a greater chance of succeeding if you have a clear, detailed understanding of why you are proceeding and how the venture will meet your business goals. CI Source: bdc.ca August 31–September 28, 2019
Greater Toronto Area
Over 27 Years of
Cutting Edge Results
&
Shaul
Shaul Sharabi BROKER, B.A.
416.902.3770 “HALL OF FAME”
Rachel Sharabi
Rachel Sharabi SALES REP, B.Sc.
416.903.5598
“LIFETIME ACHIEVEMENT”
VIP Passes To New Condos Before Sale To Public Starting Out – Moving Up – Downsizing – Investing – Commercial
UPPER WEST THORNHILL ESTATE
4+1 Bedroom 4 Baths, Totally Gutted And Rebuilt, Backing To Ravine *Smart Home, New: Chef Kitchen, Baths, Hardwood, Heated Floors & Garage, 8 Ft Solid Wood Doors, Millwork, High End Appliances, Covered Deck, W/O Basement W/Spa Sauna++
$1,798,000 ‘PRIMROSE’ LUXURY LARGEST CORNER UNIT, TOTALLY RENO’D Spotless 1432 sf w/ Lrg Balcony & Panoramic View of The City. Marble Foyer, Double Dr Closet, New: Eng Hrwd & Laminate, Moldings, Baseboards, Silk Wall Paper, Plumbing Fixtures. Custom Maple Kit w/ Pantry, High End Granite C-Tops & B/splash, High End Appl & Much more.
$699,900
CENTRE OF AURORA 4 + 1 BDRM, 4 BATH
CENTRE OF NORTH YORK 2+1 BDRMS CONDO
$1,888,000 KING CITY DETACHED BUNGALOW
Ravine Lot w/ 2+Acres, Mature Trees & Interlock Front & Back! Custom Design & Finishes: Euro Kit w/ Huge Island, Quartz C-Tops & High-end Applns. LED Pot Lights Galore In/Out, B/I Speakers, Eng Hrwd, FP, New Euro Washrms & Windows, Bsmt w/ Rec Rm, Bar, Bed, 2 Baths+Laundry.
$475,000 3 BDRM DETACHED, CENTRE OF THORNHILL
BRAND NEW YORKVILLE 2 BEDROOM CONDO
Stunning Reno’d Family Home Backing Onto Parks. Shows To Perfection. Hrwd On Main & 2nd Flr, Designer Powder Rm, Eat-In Kit W/O to A Deck, Granite in Foyer, Painted, Fin Bsmt, Landscaped, Private Fenced Backyard. Interlock Front Walkway. Near All Amenities Incld. Promenade Mall.
$3,700,900
1685 SF, 3 Bathrooms, Custom Kitchen, Top Of The Line Appliances, Marble, Porcelain, Gas Fireplace. Indoor & Outdoor Pool, 24 Hrs Valet Service, Concierge.
OCCUPANCY FALL 2022 2 FREE PARKINGS EXTENDED DEPOSIT STRUCTURE
$1,088,000
THORNHILL WOODS – UNIQUE 4 YR NEW
Semi-Det on Lrg Corner Lot. 1718 SF+820 Bsmt. Newer: Roof, Laminate, Huge Master Bdrm, 4-Pc Ens, Lam Flrs on Main & 2nd Levels, Fin Bsmt w/ Rec Room, Bed, Kitchenette, 3-Pc Bath, Lrg Laundry w/ B/I Cabs & Cantina w/ Shelving. Close to Schools, Shopping Plazas, Fitness Ctr, Cinemas, Parks.
$1,968,000
$889,000
Large 2 Bdrm + Solarium Opened to Living Rm, New Hrwd Flrs, Kit, Applns, Ensuite Locker. Just Painted & Spotless. Easy Access To TTC, Outdoor Pool, Sauna, Exercise, Party Rm.
Gorgeous Detached! 3081 SF w/ High Ceilgs, Custom Finishes: HighEnd Front Dr, Upgr Hrwd Throughout, Stairs & Runner, Porcelain Flrs, Chef’s Kit w/Pantry, Top Of Line Applns, Custom Island, Upgr Granite & More. Prof Fin Bsmt, Pro Landscaped.
CENTRE OF THORNHILL – BEST LOCATION
$1,299,000
Stunning Det Strictly Kocher Home In This Luxurious Pocket. Highly Desired Area! Spotless & Sun-filled, Shows to Perfection. Private Pie Shaped Lot, Open View From All Ws, Newer: Kit C-Tops, Furnace, Roof, Bsmt Carpet & Bathrm Flr, Ws, Oak Stairs, Hrwd. Totally Private Fenced B/Yard. Walk to Places of Worship, Promenade, TTC, Schools, Retail, Shopping, Etc.
THORNHILL WOODS
Stunning Rare Freehold Home Backing Onto Private Ravine Surr by Evergreens. Attached by Garage Only. Upgrd Hrwd, 9’ Ceilings, Oak Stairs & Kit Cabs, Newly Fin Bsmt w/ Rec Rm, 3-Pc Bath, Lrg Cantina & Laundry, Storage, Lamin. Custom 10’x20’ Wood Deck & Huge Stone.
$899,000 THORNBERRY WOODS 5-YR NEW DETACHED 4+1 Bdrm, 5 Bath Lux 3200 SF Totally Upgrd Gem. 17’ Hallway, Smooth Ceilgs, Pot Lights, Mldngs, Landscaped, Upg Kit, Hrwd & Stairs, Marble FP, 2 Laundry Rms, Pro Fin W/O Bsmt w/ Bdrm, 3-Pc, Rec, Custom Kit, Granite & More.
$499,900 CENTRE OF NORTH YORK 2+1 BEDROOMS
Totally Upgraded Bright & Spacious 1 Bedroom + Den Facing Park. 570sf + 85sf Balcony, Laminate Flrs Thr’out, Glass Backsplash In Kitchen, Granite Counter Top, SS Applns, Ensuite Laundry, Parking.
$1,479,000
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Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR
25
Greater Toronto Area
SkyViews
In Deeper Water
The rising rate of residential property insurance by Sarah Thompson Canadians today aren’t just worried about climate result of an aging infrastructure and defects in new change – they’re experiencing its negative effects construction, as well as warmer temperatures due first-hand. With dramatic flooding in the east and to climate change, significant claims are occurring wildfires in the west, an increase in catastrophic across commercial and residential high-rises. weather events has left everyone worried about the In fact, a University of Waterloo study reported that future. insurance claims from floods and other weather For multi-residential property owners, these wor- events have quadrupled over the last ten years. Typries are carrying over into concerns about their in- ically, what begins as a small event in one space surance policies, as extreme weather events are becomes a massive building-wide claim. For examdirectly impacting the price of coverage. Even in a ple, a recent claim involving a residential high-rise relatively mild year—a year not involving fires like condominium occurred when a ½-inch water line those at Fort McMurray in 2016 or floods like those broke in the penthouse unit and flowed water for 20 in Toronto and Calgary in 2013—the cost of recover- minutes. Due to the cascading effect, the result was a major six-figure claim, with months of headache ing from a CAT event can be astronomical. Throughout 2019, building owners and operators for the affected condo owners. Underwriters are can expect to see carriers looking for rate increases. now taking note and will put additional deductibles In fact, loss affected properties and coastal proper- on property policy renewals to protect themselves. ties could experience spikes of greater than 25 per cent. Making your portfolio look good to underwriters is by far the best way to prevent a substantial rate hike. Here are three areas to consider: 1. Focus on tighter risk management Properties that maintain or improve their standing will be best positioned to keep rising costs at bay. To achieve this, building owners and operators will have to focus on tighter risk management, including disaster preparedness ahead of the next CAT event and engaging brokers to do what they do best: negotiate on their clients’ behalf. The largest property policy increases will be felt by residential real estate owners. This increase will be driven largely by traditional property loss leaders, including fire and water damage and increased property valuations. In the first quarter of 2018 alone, building construction costs were up 1.8 per cent. Considering this rate of inflation, a property valued at $1M just a decade ago is very likely significantly underinsured today. To best position residential real estate, owners should direct their attention towards preventative maintenance, risk management and emergency response – and have a water mitigation plan. 2. Be wary of water Water damage maintains its standing as a major loss leader. One of the largest drivers of commercial property losses, water damage claims will continue to wreak havoc across the country in 2019. As a
26
COMMERCIAL INVESTOR | Commercial Real Estate & Business Opportunities
3. Be cautious when it comes to green installations
Many property owners and operators are eager to embrace sustainability initiatives; that is, until they create additional risk. When this happens, property owners and operators will face limited insurance options. For example, photovoltaic (solar) panels on the roof introduce the chance for electric shock, meaning fire fighters won’t spray water on them to extinguish a building fire. Renewables installed on rooftops in coastal areas could blow off in a storm, potentially causing significant damage to neighbouring structures. Similarly, wooden structures are generally more difficult to insure due to their increased risk of fire. Consider discussing renewable options with your broker/carrier before installing these resources in the first place. 2019 and beyond Last year was unusual for CAT events, with the spring beating out the summer for the most CAT events and Ontario topping Alberta for insured losses. As a whole, 2018 ended with 12 catastrophic events and carriers and insurers alike are breathing a sigh of relief. At this stage, portfolio managers should employ best practices to minimize common loss leaders – fire, water damage and more – that threaten to further increase property policies into 2019 and beyond. Article by Sarah Thompson of Hub International www.hubinternational.com
August 31–September 28, 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!” DIRECT
416.509.3036
CAMPBELLFORD
14.29 ACRES OPPORTUNITY KNOCKS! Introducing “The Ridge” 14.29 acres ideally situated abutting the urban boundary and over looking the Trent/Severn Canal! As ”infill” as they come, this parcel is nestled amongst residential homes with excellent road frontage on 6th Line West and Victoria Street. Municipal services only steps away, this property is a blank canvas for your “inner” developer. Minutes away from downtown Campbellford. Right off County Road 30/Grand Road. Irreplaceable opportunity to sever the property into 4 estate lots fronting a municipal road with municipal services just meters away. Perfect for that “Family Compound” on the Trent Canal.
SUBJECT PROPERTY
For more info call
Matt "The Dragon" Garnet 416.509.3036
SUBJECT PROPERTY
mattsdragonz@gmail.com August 31–September 28, 2019
Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR
27
businesssavvy
A strategic plan
What is it and should you have one?
Having a strategic plan often seems like an obscure concept to many entrepreneurs. But taken seriously, it can bring real value to an organization. What is strategic planning? Simply put, it determines exactly where your organization is going over the next few years and how it’s going to get there. It is a co-ordinated and systematic way to develop a course and direction for your company. Basically, not having one is like navigating unknown territory without a map. And without a map, you’re lost in a highly competitive business environment that will inevitably throw
28
challenges your way. A rule of thumb is that if there’s uncertainty on the horizon, then you need a strategic plan.
What does a strategic plan generally include?
Your strategic plan outlines where you or your company is going, so that everyone is working with the same information. Ultimately, it helps to gauge what your business is, exactly what it does,
COMMERCIAL INVESTOR | Commercial Real Estate & Business Opportunities
and why, with a focus on optimizing your future potential. A strategic plan will generally include: • An executive summary, which is usually written at the end of the process • A company description • Your mission, vision and value statements • A strategic analysis that can be in the form of a SWOT analysis (strengths, weaknesses, opportunities and threats) • An explanation of your strategies and tactics • An action plan • Budget and operating plans
August 31–September 28, 2019
When is the best time?
Scheduling the strategic planning process depends largely on the nature and needs of your organization. For example, if your business environment changes rapidly, strategic planning is essential to keep afloat and should be carried out at least once a year. Generally, it should happen: • When you start a business • If you’re preparing for a new venture such as a product launch • When markets are changing • If the business environment (laws, regulations, business practices) is changing
How will it benefit you?
• Detailed monitoring and evaluation methods If you’re a small firm, for example, a brief strategic plan might be appropriate. But a more detailed plan on various aspects of your organization may be more effective if you’re a bigger company.
It’s not a business plan
Don’t confuse a strategic plan with a business plan, which is a much broader document and includes a strategic plan, a marketing plan, a financial plan and an operational plan. In other words, a business plan is much more of an aspirational document, covering what your business is about and why it has value in the market. The
August 31–September 28, 2019
strategic plan, in contrast, contains an action plan with specific objectives and due dates as well as setting out who is responsible for what
Who carries it out?
Your strategic planning should be carried out in a team environment that involves key players in your business. Generally, it’s headed by the president of the company, who gets input from employees or a specific team. The team identifies key factors for the strategic analysis and participates in that diagnosis through, for example, interviews. The team is also involved in the formulation of the strategic direction and action plans.
Strategic planning will help you to achieve the following objectives. • Prepare and define the scope of your activities – review your motivation, costs and means. • Analyze your strengths, weaknesses, opportunities and threats – review your company’s internal and external environment to maximize on your strengths, protect against weaknesses and take advantage of business opportunities. • Formulate strategies – look at exactly what strategies and tactics you should take as a result of the above factors. • Implement your strategies – assess your resources and get your plan on paper. • Get all your employees on the same page – build consensus in your company by getting your message out to your key players. • Measure your success – track your progress and motivate your employees to keep up their efforts. • Increase productivity – ensure employees know where they’re going and that they optimize their use of resources. CI Source: bdc.ca
Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR
29
Greater Toronto Area
Annie Byles
FULL TIME REAL ESTATE PROFESSIONAL PROVIDING QUALITY SERVICE SINCE 1985
sales representative
* New Hot listings sent to you daily* Strong connections with Major Lenders* * Free Market Evaluation*
*
416.726.4160
Direct Email annie4167264160@gmail.com
100% CLUB
www.anniebyles.com For Lease Richmond Hill- Commercial/ Retail Space 1060 SF. High Traffic, Excellent Retail Location Close To Yonge St. Good For Professional Business, Financial, Medical, Retail, Nail Salon & Spa, Tenant Pays Own Insurance, Utilities.
Markham Sleek modern new spacious 1 bedroom plus den, 9 feet ceiling granite counter and s/s appliances. Balcony, locker & parking, just minutes to Hwy 407, Go Station & Shopping.
$24/SF
$484,900
Luxury Tridel Built Beautiful Open Concept 1 Bedroom, 1 Bath, New Floor, Freshly Painted, Large Balcony, Panoramic East View. Great Rec Facilities. Close to Hwy 401, TTC, Shopping.
Location Location!! Spacious 2 bedroom 2 bath in excellent condition. Laminate floor throughout, balcony. Locker, parking, million dollar rec facilities, 24 hour gated security. Walk to Shopping Mall, Doctor, School, Park, TIC & just minutes to Hwy 401.
$360,000
$409,900
Lovely Spacious detached slide split, 3 bedroom 2 full baths double attached garage, fully finished basement with woodstove, premium Jot fully fenced yard. Close to public transit, schools, restaurants, shopping. Minutes to Lake and park.
Lovely Tridel Condo Immaculate Condition Large 2 Bedroom Plus Den, Over 1400 Sq. Ft., 2 Baths, Balcony Breathtaking SW Exposure, 2 Car Parking. Walk To Shopping Mall, Schools, Hospital, 24 Hour Transit.
$519,000
$399,900
Keswick Located on Quiet Street on a mature Jot with access to private resident’s lakefront park with fire pit and dock. Lovely 3 bedroom detached home with new gas furnace, great for a handyman.
For Lease Prime Scarborough, Transit At Door, Industrial & Light Manufacturing, Warehouse Space Facing Main Street, Good For Showroom. 7500 sf.
$389,000
$9.00 / SF NET
Tired of paying rent? Let me show you how to realize your dream! Call today for a no obligation appointment. Experience the difference. 30
COMMERCIAL INVESTOR | Commercial Real Estate & Business Opportunities
August 31–September 28, 2019
Greater Toronto Area
Cindy Wen
647.204.5336 ccwen008@yahoo.com www.TorontoHomeBuySell.com
S A L E S R E P R E S E N TA T I V E
TOP PRODUCER
Cindy Wen offers seller’s client: GUARANTEED HOUSE SOLD program, free property evaluation, free home staging consultation. Offers Buyer’s Client: Guaranteed stress-free experience, free home buyer consultation, best suitable mortgage solutions.
Remax Crossroads Realty Inc., Brokerage Office 416.491.4002
BEST LOCATION
Only higher 600k for Best Location in NIAGARA FALLS Bed & Breakfast Investment Property, close to bridge and Casino. Call Realtor Cindy 647-204-5336
CLIENT TESTIMONIAL
Property Management & Investment
“I was very pleased with the job done by Cindy Wen. Her hard work and professionalism created maximum exposure, getting me well over the asking price on the sale of my house. Trusting in Cindy also got me a new home at a great price & in my desired neighbourhood. Cindy Wen is truly a top-notch Realtor. “ — Karl G
WWS Global Group Inc.
NEW CONDO PROJECT AT YONGE
Brand New Condo Subway Line in North York. Call Realtor Cindy 647-204-5336
ONLY ONE MILLION PLUS
COMMERCIAL RETAIL AND OFFICE SPACE
Commercial store front and apartment for sale in Kensington market area. Great location and best Investment, only one million plus. Call Realtor Cindy 647-204-5336
Commercial retail office space for lease in Beaches area with affordable Rent and suitable for many uses. Call Realtor Cindy 647-204-5336
Preston lake front luxury 404 & Bloomington 4 beds + 6 Wash + elevator. Asking $3.399m
Renovated 3 bed + 1 bath semi in Newmarket. Largest-pie lot w/ hot tub – 2 kitchens. Great parking. Asking $559k Flex closing.
Georgina North of Newmarket. 100 Acre parcel of land 10-15 yr hold. Services at lot line. Zoned Rural not in the OP. Asking $4.1 million
Retail 800 Sq. ft. unit Aurora Yonge St. Vacant with flex lease.
AdAm Cox Sales Representative d: 416-889-6449, e: Avsold@aim.com
August 31–September 28, 2019
416-519-9621
We help investors to lease and manage residential and commercial property all over in GTA
Luxury 5000 sq. ft. house coming. Bayview/401 $3.5m
Re/Max All-Stars Realty Inc., Brokerage o: 905-477-0011 Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR
31
businesssavvy
Protect your business from
directory fraud
Companies big and small are vulnerable to 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 32
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 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.
COMMERCIAL INVESTOR | Commercial Real Estate & Business Opportunities
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. CI
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). August 31–September 28, 2019
Central Ontario
businesssavvy
Tips to help your business
navigate online marketing
Online marketing and advertising, and knowing what works best, can be overwhelming for small businesses.
and easy and they allow businesses to enhance their profiles with video, website, photos and more, all of which contribute to higher rankings.
Find the right mix of tools
Generate leads
There is no silver bullet when it comes to advertising, specialists say, but there is a simple question that provides a good starting point to determine the right mix of tools: Are you in the ‘need-it-now’ business or in the ‘researched-purchase’ business? The impact of a local search is far greater in the ‘need-it-now’ categories such as plumbing, than it is in the ‘researched-purchase’ categories such as consumer electronics or luxury travel.
Get ranked in Google, Yahoo and others
When people use search engines, they generally don’t look past the top 10 results. Search engine optimization (SEO), or enhancing a business’s online presence so that it’s listed as a top search result, can dramatically increase online visibility. Although having a website is advantageous for small businesses, it’s not absolutely necessary for SEO. Claiming and updating your free business listing on a local Canadian search site like canpages.ca is quick
Search engine marketing or SEM is similar to SEO in that it leverages keywords but incorporates a paid element. Local search providers offer small business owners personalized support to navigate SEO and SEM and offer lead-generation solutions designed for local marketing. They even take care of identifying and purchasing ad words, the key words consumers use to search for a business product or service that lead to click-through traffic on business websites. CI
Bill Byers
Sales Representative bill-byers@coldwellbanker.ca www.temiskamingrealty.com 1-866-557-1110 705-647-1110 00 9,9 19 $ g kin As
7 g$
0
,00
98
NEW PRICE!
kin
As
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COMMERCIAL Large 2 Storey building 4,285 sq’ on Main St. in Elk Lake (Hwy 65 & 560). Across from the Montreal River. Vacant with lots of potential for many uses here. Large Shop, 2 overhead doors, office, retail, storage, washrooms, new environmental report & more. MLS TM190097.
INDUSTRIAL 12.98 Acres beside rail line with Town services. 3 large buildings 8,100 sq’ (2013), 4422 & 378 (Carport) sq’ (1980) 1408 & 792 (Carport) sq’ (1986). Englehart. MLS TM182801
INDUSTRIAL COMPLEX Over 16,000 sq’ building on over 6 acres with 3 Hwy entrances. Owner occupied, plus 4 Tenants. Multiple uses include shop, retail, office, & more with room to expand. New Liskeard. MLS TM190047.
00 9,9 29 $ g kin As
0 ,00 499 $ ing Ask
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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
August 31–September 28, 2019
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Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR
33
businesssavvy
CFIB survey report
Business optimism down in July
The Canadian Federation of Independent Business released its latest SME business outlook survey results on July 25. Optimism among small- and medium-sized enterprises slipped from June. CFIB’s Business Barometer® Index dropped more than three points from June’s reading to land at 57.8 in July. Although not as low as some of the estimates from earlier in the year, it suggested the improving sentiment seen in May and June was too fast to be sustainable. The cause in the negative swing was almost entirely centred in Ontario, which went into full retrograde in July, trimming 6.6 points off its index value to 56.0. In contrast, optimism 34
showed relatively little change in other provinces, save Manitoba and New Brunswick, which actually saw four-point increases in their indexes to a modestly healthy 60.1 and 61.2 respectively. The most optimistic business owners in Canada are in Quebec and Prince Edward Island, both at 67.0. The least upbeat are in Newfoundland and Labrador, but its index stood pat at 50.0. Despite its index losing a point or two, optimism remained above the
COMMERCIAL INVESTOR | Commercial Real Estate & Business Opportunities
national average in Nova Scotia (62.5). Sentiment, however, is still lagging in British Columbia (53.3), Saskatchewan (54.3) and Alberta (57.2). The industry mix remains fairly balanced, but big declines in optimism among retailers and professionals weighed the sector average down. There was no measurable change in the reported state of business health among survey respondents; 41 per cent continued to say their firms were in good shape compared to 14 per cent in poor shape. Similarly, wage and price plans remain stable near the two-per-cent mark. Full-time hiring plans did take a hit in July, with only 16 per cent of owners saying they will be adding staff in the next few months versus 14 per cent who will be reducing head counts. CI August 31–September 28, 2019
Niagara Peninsula p o i r i e r r e a lt yg r o u p. c o m
View Our Magazines On any
DigiTaL DeViCe
call us today! 905-531-4147
Catherine
Poirier Realty Group CHAIRMAN’S CLUB TEAM
anytime, anywhere!
PLATINUM’S CLUB TEAM
Garden City Realty Inc., Brokerage
John Harber
Sales Representative
Catherine Poirier Perry Poirier Broker
Sales Representative
A RARE OPPORTUNITY!
Own a mixed use zoned property. This solid brick 3 bedroom bungalow features hardwood flrs, spacious bedrooms & large eat-in kitchen. Full basement offers great potential to be fully finished with side door access. Fully fenced back yard. Metal roof on house and garage. Great potential for anyone looking to open a business. This location would offer excellent exposure. Close to amenities and major highways. $529,900
Published by:
POTENTIAL FOR 24 LOTS
Urban warehouse zoned light industrial with potential for residential redevelopment in Hamilton. Lot 192 x 295. Great location. Close to Nikola Tesla Boulevard (old Burlington Street) and Main Street East. Call to view or for more details today. $1,999,900
LET ESTATE WORK FOR YOU LETREAL REAL ESTATE WORK FOR
Amazing opportunity in Hamilton. 1/2 Acres site offers great potential for development located across the street from “The Center on Barton”. Excellent exposure to public with 3 road frontage and easy access from major Highways. City grants available for development. Public transit with the LTR planned to stop not far up the street. Great opportunity to lease large to small square footage. $2,395,000 or leases starting as low as $2.00/sq. ft.
Now you can view all Commercial Investor magazines online using any smartphone, tablet or desktop device.
TheCOMMerCiaLinVesTOr.Ca
For Sale to Sold!
Jack Huitema Broker of Record
905.774.7624
South Cayuga, Haldimand County
Sutor Plantation Estate
66 Acres all treed with mature forest, including 27 Acres hardwood and 30,000 pine trees. Quiet country road access with a stream going through the property. Great location for a Dream Home. For more information call Jack.
220 Broad Street East, Dunnville, ON N1A 1G2 Each Office Is Independently Owned & Operated
Caledonia
Dunnville
Broiler Farm
Residental 4-plex
Modern 2 Storey 48x200ft Broiler barn, along with 4 smaller barns also equipped for Broilers. Farm has a large land base for Cash Cropping. 19,000 bu Grain bins. 60x120ft Drive Shed with rollup door. 3 Bedrm Century Home with gardens and mature trees. Call Jack for details.
Fully occupied. Good Income. Gross Rental 2018 - $32K. 2 - 2 bdrm and 2 - 1 bdrm units. Separate utilities. Short walk to schools, downtown restaurants + shopping. For more information call Jack.
www.coldwellbanker.ca August 31–September 28, 2019
Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR
35
officeinvestment
Avison Young releases mid-year 2019 global office market report
Office space constrained as co-working and knowledge economy expands Against a global backdrop of diminishing business confidence and a weaker outlook for economic growth, a robust labour market continues to underpin demand for office space, with high employment levels prevalent across a number of major markets. Demand continues to be driven by the knowledge economy, with the co-working boom broadening its reach, forcing traditional landlords to adapt in order to best accommodate existing and potential occupiers. “Despite increasing headwinds and political uncertainty, the relative health of the economy and labour markets continue to provide a positive foundation for office space demand across major global markets,” says 36
Mark E. Rose, chair and CEO of Avison Young. “We continue to see significant development in urban areas of major metropolitan markets across all countries in which we operate. The impact can be seen on city skylines,
COMMERCIAL INVESTOR | Commercial Real Estate & Business Opportunities
which are changing rapidly, and in the delivery of new forms of workspace driven by organizations that are constantly adapting to their changing work forces and new technologies.” According to the report, of the 79 office markets surveyed by Avison Young in North America, Europe and Asia, which comprised 7.5 billion sq. ft. (bsf), market-wide vacancy rates declined or remained flat in almost two-thirds of the markets, as more than 126 million sq. ft .(msf) was absorbed on an annualized basis – up 12 per cent compared with the prior 12-month period. The report goes on to say that construction cranes remained prominent fixtures across many skylines as nearly 84 msf of office space was completed during the August 31–September 28, 2019
12-month period, while another 253 msf was under construction at midyear 2019 (40 per cent pre-leased) – up 16 per cent year-over-year.
Canada
Canada’s office market posted positive absorption of nine msf in the 12 months ending June 30, 2019 – significantly more than the nearly six msf absorbed in the prior 12-month period. Demand was strongest in Toronto, Montreal and Vancouver, while Calgary finished in positive territory. Consequently, Canada’s overall office vacancy trended lower, falling 120 basis points (bps) yearover-year to end the first half of 2019 at 10.3 per cent. Urban intensification and surging demand from tech and co-working companies in major August 31–September 28, 2019
markets are driving absorption in downtown office markets, with 12-month absorption almost doubling year-over-year to four msf – more than half of that absorbed in Toronto. Meanwhile, Vancouver (1.9 per cent) surpassed Toronto (2.1 per cent) to register the lowest downtown office vacancy in Canada – and North America. “The labour market remains the major catalyst for Canada’s economic expansion and thriving commercial real estate sector,” says Mark Fieder, Avison Young principal and president, Canada. “Urban intensification boosted by immigration, a growing knowledgebased economy and the rising co-working industry have powered Canada’s office market. A global
phenomenon, co-working is taking Canada by storm and prompting landlords and tenants to adapt. Meanwhile, the growing technology sector is taking a bigger slice of the leasing pie – especially in Vancouver, Toronto, Montreal and Ottawa – and, in many cases, driving innovation within traditional businesses.” Developers are doing their best to keep pace with the robust demand, as more than 21 msf was under construction at mid-year 2019 – an increase of 40 per cent year-over-year. Downtown construction outstripped the suburbs by more than twofold. Toronto had the most overall (11.4 msf) and downtown (9.7 msf) office space under construction in Canada, trailing only New York (14.6 msf) among North American markets.CI
Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR
37
Business Investor
Be the bank.
BORROWING MONEY TO LEND TO MORTGAGES Investing requires access to capital. While some investors use their own savings, others find alternative ways to invest by borrowing funds through leveraging existing equity in their real estate. Because earnings from mortgage investments are greater than the cost to borrow from conventional lenders, borrowing against your property can prove to be a profitable and rewarding investment strategy. Below are two examples of borrowing funds against your real estate to lend to mortgages. The first option considers a Mortgage Refinance, where you can access more of the equity in your property and a portion of your interest payments go towards your principal pay down. The second option considers a Home Equity Line Of Credit which consists of interest only payments. This is a more flexible option, but will limit a borrower to how much they can extract. SCENARIO 1
SCENARIO 2
Mortgage Refinance
Home Equity Line Of Credit
DETAILS
DETAILS
Property Value
$500,000
Refinance *3.65% Fixed | 30 Year Amortization
80% LTV**
New Mortgage
$400,000
New Mortgage
$325,000
Monthly Mortgage Payments
$1824
Monthly Interest Only Payments
$1,205
Property Value
$500,000
HELOC
65% LTV***
4.45% Interest
INVESTMENT EXAMPLE
INVESTMENT EXAMPLE
14% Annual Return
14% Annual Return
7% Monthly Interest + 7% Deferred Lender Fee on Payout
CASH FLOW
Monthly Interest Earned $400,000 at 7% Annually
7% Monthly Interest + 7% Deferred Lender Fee on Payout
CASH FLOW
$2,333
Monthly Interest Earned $325,000 at 7% Annually
Mortgage Payments
– $1,824
Interest Payments
– $1,205
Net Monthly Cash Flow
= $509
Net Monthly Cash Flow
= $691
PROFIT
Net Annual Cash Flow
PROFIT
$6,112
$509.33 x 12 Months
Principal Pay Down 1 Year
Net Annual Cash Flow
$8,287
$690.62 x 12 Months
+ $7,518
Defered Lender Fee
+ $28,000
Total Net Profit
= $41,630
Defered Lender Fee
+ $22,750
Total Net Profit
= $31,037
Numbers rounded to the nearest dollar. *Rates and terms subject to fluctuation. OAC. **80% Loan to value ratio is the typical maximum on a refinance. ***65% Loan to value ration is the typical maximum on a secured line of credit.
3410 South Service Rd., Ste. 200, Burlington ON | 1.888.330.3866 | info@ProFunds.ca | #12051 38
$1,896
COMMERCIAL INVESTOR | Commercial Real Estate & Business Opportunities
ProFunds.ca August 31–September 28, 2019
Business Investor
Flip like a pro.
T H E P R O F L I P Z E R O M O N E Y D O W N P R I V AT E M O R T G A G E
Leverage equity in existing real estate to purchase a new property with little to no money down. The PROFLIP Zero Money Down Private Mortgage is a fantastic avenue for those who have existing real estate but do not have available cash on hand to fund down payments, renovations, closing costs or interest payments. PROFLIP is a concept that allows borrowers to utilize the equity they have in an existing collateral property in conjunction with a subject property they are purchasing, in order to leverage more total equity to borrow a larger loan amount. Through a private financing structure, a lawyer will facilitate a charge registration that places a mortgage on both parcels of the borrower’s real estate. The amount of equity available in the collateral property will dictate how much more a person is able to borrow. TM
How it Works + Subject Property
Collateral Property
Combine Equity
1
2
3
The borrower acquires a new subject property for which they would like to flip.
The borrower also owns a collateral property which has available equity to borrow against.
By combining the equity in both properties, the total asset value increases enabling the borrower to attain a larger total loan amount.
EXAMPLE
Flipping a Home With Zero Money Down Subject property value Collateral property value Total cumulative value
$1,000,000 + $950,000 = $1,950,000
New mortgage request Existing collateral property debt Total cumulative debt
$1,300,000 + $300,000 = $1,600,000
Total cumulative LTV* ratio
82%
Additional rennovation allowance of $500,000
Renovate
Release Debt
4
5
The borrower can utilize The borrower funding from the larger refinances or sells loan to purchase and the subject property, renovate with effectively releasing the zero money down existing debt on or out of pocket. both properties.
In this example, the borrower is able to obtain a loan of $1,300,000 on a property originally worth $1,000,000 because of the equity pledged in the collateral property. If that same investor went to the bank and received 80% financing based on the subject property value alone, they would have only receive a loan amount of $800,000.
By leveraging their collateral property, the borrower has access to an additional $500,000 to put towards their down payment and renovation costs.
3410 South Service Rd., Ste. 200, Burlington ON | 1.888.330.3866 | info@ProFunds.ca | #12051 August 31–September 28, 2019
ProFunds.ca
Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR
39
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Featuring: Commercial•Industrial•Franchise+Business Opportunities
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September 31–October 30, 2019 Volume 19 | Issue 1
Full Coverage Area Including: London • Kitchener • Niagara Falls • Hamilton • Toronto • Ottawa TrenT Hills | 14.29 Acres wiTH excellenT roAd FronTAge
Daphne Kua, Media Consultant 1-866-532-2593 | daphne@mediaclassified.ca
The Best Selection of Commercial, Industrial, Franchise and Business Opportunities 40
MATTHew gArneT sales representative Re/Max West Realty Inc., BRokeRage. dIRect: 416.509.3036 offIce: 905.773.8000 eMaIl: MatThelandFinder@gmail.com
• 27,994 square feet. 5 drive-in doors & 1 truck level • 2.8 acres • M2 zoning. Permits a wide range of uses including motor vehicle repair and outside storage. CONTACT: MICHAEL BABBIE, Sales Representative mbabbie@cbci.ca | d 289 725 5088 | c 647 272 5899 MICHAEL SCHULER, Senior Vice President & Partner mschuler@cbci.ca | d 289 291 5067 | c 416 274 7467
LARGE AND SMALL APARTMENT BUILDINGS WANTED
Global Brokers Internet Advertising
75% EXCLUSIVE Real Estate Opportunities
4 -4 8 7 5 21 6-
1.866.536.2606 | yhanique@mediaclassified.ca
Introducing “The Ridge” 14.29 Acres Ideally Situated Abutting The Urban Boundary & Over Looking The Trent/Severn Canal! As “”Infill”” As They Come, This Parcel Is Nestled Amongst Residential Homes w/ Excellent Road Frontage On 6th Line West+Victoria St. Municipal Services Only Steps Away, This Property Is A Blank Canvas For Your “Inner” Developer. Mins. Away From Downtown Campbellford Right Off County Rd 30/Grand Rd. Ideal Investment For Future Development.
41
FOR ADVERTISING INFORMATION CONTACT Yhanique Facey, Media Consultant
353-357 ARVIN AVENUE, STONEY CREEK
NATIONAL REAL ESTATE INFORMATION LISTING SERVICE
www.nreils.com
Free to Search Everyone can search within 5 seconds
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D TE AN W
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W AN TE D
SOLD BY WINCORP REALTY INC. • Large and Small Apartment Buildings anywhere in Ontario • Have many CASH Buyers ready to invest NOW • Specializing in multi-residential sales for over 40 years • References supplied • Confidentiality guaranteed CONTACT: WINSTON DAVIES, BROKER OF RECORD WINCORP REALTY INC. REAL ESTATE BROKERAGE GUELPH, ON tel: 519-836-2080 eMaIl: wjmdavies@rogers.com
H
A
M
I
L
T
O
N
Mazhar Roshan Sales Representative
905.929.9800 647.609.9463 905.574.6400
Direct GTA Direct Office
mazharroshan@sympatico.ca
S
D L O
BROKERAGE
I have qualified buyers for up to $5M in commercial and investment buyers. Call for details.
NEBO ROAD - HAMILTON
GLANBROOK
Plaza location long established hair salon business for sale. Major tenants are tim horton’s, Esso, gino’s pizza and more. Asking price is less than the set up cost and lease hold improvements. Most chattels and fixtures included, good for hands on professional. Do not go direct. Call lbo for more details.
HomeLife Professionals Realty Inc.
WELL ESTABLISHED HIGH VOLUME CANADA POST FRANCHISE BUSINESS AVAILABLE FOR SALE For more inquiries please call Mazhar Roshan at 905 929 9800
BURLINGTON FOR LEASE
2000 Sq. Ft. on lower level for storage.
Nice investment and future development 3 properties to be sold together. Located is Red Hill Business park, cross from Canada bread, fully rented and net yearly income $58,500.00 Asking 1.3 million for more details and showing
GLANBROOK
UPPER WENTWORTH - HAMILTON
Plaza location store front 1021 sq ft major tenants tim horton’s, Avondale, Esso gas station, gino’s pizza and many more. Good for retail office or commercial use. Close to Hwy, shopping, and densely populated area. Showings tues-sat 11-6, 24 hours noticed required. For more details call lbo.
Great investment opportunity. High traffic central mountain location approx. 2,800 Sq. Ft. two units one dentist, the other catering business. Many updates including exterior stucco, newer A/C, furnace. For viewing and details call lbo. Do not go direct. 48 hrs notice for showings. Showing between 9-5, Monday-Friday only. No weekend showings. $699,900
Price includes 2 buildings, 2 bedroom house, retail, convenience store, with w/in cooler, catering take out business, lottery, ATM, and much much more. Lots of potential, retiring couple, good for home and work, retirement community.
18 ACRES OF LAND
HAMILTON
53 ACRES OF LAND
Across from new proposed Hospital in Niagara Falls off exit #21 of QEW. Land has 1,900 Ft. frontage. Great potential for future development. Call Mazhar Roshan for more details.
Long established pizza store. Doing over 30k sales per month. Low rent, long lease.
Off exit # 21 QEW minutes away from new proposed hospital. Good for future development or investment. Land has 1,800 Ft. frontage on QEW. 2,400 ft on Marshall Road and 1,200 Ft. on Willodell Road. Currently leased to a farmer. For more details call Mazhar Roshan.
HAMILTON
125 TOLTON AVENUE
CARE FREE INVESTMENT PROPERTY
Long established variety and laundromat business. Store sale $22,000 per month. Lottery income $3,600 per month. Nevada $300 atm $300 per month. Laundromat income $9000/mth. 20 Washer and 15 dryers (few newer) alterations and dry cleaning drop off. Very reasonable rent. Long lease. Do not go direct please call lbo for more details
2,392 Sq. Ft. Long established convenience store, owner retiring, located in mature neighbourhood, well built building, store with 3 bedroom residence. For more details call LBO.
Care free investment property in hwy 21. 1.5 Acres of land with 6000 sq.Ft. Building. Commercial part 4200 sq.Ft. Leased till 2025 net income is $25,000 per year.
RE JU DU ST CE D
S
D L O
RETIREMENT COMMUNITY
41
www.teammilovick.com
519-745-7000
Grand Valley Realty
BROKERAGE INDEPENDENTLY OWNED AND OPERATED
Unit 15C, 370 Highland Road West, Kitchener, ON N2M 5J9 fax: 519-489-1333
Mike Milovick B.B.A., CCIM, Broker mike@teammilovick.com
Jennifer Shingler
www.TeamMilovick.com
Invest in Ontario’s Number 1 Town Today!
Sales Representative jenn@teammilovick.com
Subscribe: Latest KWC Real Estate News: www.FaceBook.com/TeamMilovick
$
359,900
$
• Turnkey living in desirable Mid-Town Development. • 9 foot ceilings and quartz countertops. • Stonerox brick accent living room wall, • Strip glass mosaic kitchen back splash I • This home is ideal for investor. Tenant is on written lease until end of September and is flexible and may stay depending on buyer preference. (id:27)
$
439,900
• Rental Licensable Opportunity! • Tremendous proximity to Wilfrid Laurier University, Uptown, and Sobey’s Plaza. • Super clean, strikingly original, sample of late 50’s, early 60’s bungalow construction. • Newer roof and furnace. • This property works well investor, renovator/ flipper or parent with kid going to University. • MLS®
389,900
D L O S
• $2239 Gross Monthly Income • Massive, 1400 SF, Three Bedroom Unit Available Here! • 5 Years Young! • In Suite Laundry • Contemporary Finishings that Students Love • Steps to WLU, Easy walk to UW • Leases in Place to At Least end of August, 2020 • MLS®
97 MARSHALL, STREET, WATERLOO
D L SO
304-275 LARCH STREET, WATERLOO
304-8 HICKORY STREET WEST, WATERLOO
$
399,000
• Pre-Construction Assignment Condo Opportunity in Desirable Northdale! • Spacious, 771 square foot, two bedroom, two bath suite with 108 square foot balcony! • Located almost across the street from WLU’s Lazaridis Business Building, this opportunity could work well for student/university/hi tech employee or entry level investor. • MLS®
45 HIGH STREET, WATERLOO
$
599,900
D L SO
• $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®
6 SMETANA DRIVE, KITCHENER
99 KEHL STREET, KITCHENER CO UN NT DE RA R CT
304-690 KING STREET W, KITCHENER
$
600,000
• Exclusive development opportunity located within a 10 minute walking distance to Mill Street LRT Station. • Planner says 10 to 12 units with current R6 zoning, maybe up to 15 with minor variance for parking. 14 units with future zoning. • Large, easy to work with site maximized with a frame build. • MLS®
367 HOLLY STREET, WATERLOO
INVESTOR SEEKING APPARTMENT BUILDINGS! $
665,000
• Open concept, contemporary, 2496 SF of finished space, purpose-built, owner-built, legal duplex in desirable Grand River North! • Separate meters: water, electricity and gas. Two gas furnaces! • Double car driveway - occupants do not have to park in tandem. • MLS®
42
$
899,900
• $76,000+ Gross Annualized Income • City Approved, Rental Licensed Triplex • Updated Kitchens • Turn Key Operation • Ten minute Walk to WLU, 15 minute Walk to UW • Exclusive
I Have Buyers Seeking Buildings From 4plex To 50 Plus Units. Buildings In All Types Of Conditions Considered.
CALL ME TO DISCUSS!
Colliers International Niagara Ltd.,
Real Estate Brokerage 82 Lake Street, Suite 200, St. Catharines, ON L2R 5X4 www.collierscanada.com 905-354-7413 60 NIaGara street, NIaGara oN the Lake
1579 Creek road, NIaGara oN the Lake
4810 GarNer road, NIaGara FaLLs
60 Niagara St. is a golden opportunity to own a beautiful home on +- 15 Acres of operable farm land w/income & Farm Winery potential in Old Town NOTL. The property backs onto Two Mile Creek. (Irrigation with permit). The land is currently leased for cash crop harvests including grapes, market garden fruits, vegetables & garlic. Property includes a barn, perfect for storing tools & small farm equipment w/ a concrete foundation. Offered at $1,689,000.00 Contact Gregory Chew, Sales representatives greg.chew@colliers.com
A unique opportunity to lease +/- 1,000 sf to +/-14,000 sf in an agricultural distribution facility in beautiful Niagara on the Lake. Situated on +/- 1.99 acres. The property offers a single storey commercial/ industrial building with clear ceiling heights of 9 ft. to 10 ft. , multiple cold storage rooms, basement access, truck level & front loading docks, ample parking. Offered at $18.00 psf n/n/n Contact Mike Halliday, Sales representatives mike.halliday@colliers.com
Great future development site located one parcel away from urban boundary, currently farmed by owner and local farmer. Survey dated April 2008 available. This site is not contained with the greenbelt, topography is generally flat w/two small wood lot sections.
952 Foss road, PeLhaM, oN
212 BurGar street, WeLLaNd, oN
Pt tWP Lt 25 MouNtaIN, NIaGara FaLLs
Offered at $1,400,000.00 Contact taylor Wilson, Sales representative taylor.wilson@colliers.com
NeW PrICe
+/-90.91 acre farm. +/-7,448 sq. ft. commercial building. 2 storeys, built in 1986. +/-1,500 sq. ft., 2nd floor, 2 apartments. +/-5,748 sq. ft. warehouse. +/-1,700 sq. ft. retail showroom. 17.4’ clear ceiling height. +/-705 ft. frontage on Foss Rd. Minutes to downtown Fenwick. Close to West Fonthill. Offered at $2,150,000.00 Contact Mike Halliday, Sales representatives mike.halliday@colliers.com
1100 south servICe rd., haMILtoN, oN
+/-4,200 sq. ft., including 1,150 sq. ft. mezzanine, industrial condo with high visibility, facing QEW. Built in 2008 with 22’ clear ceiling height. 1 large roll up door (12’ X 14’), rear man door, includes 4 parking spaces (3 in front, 1 in rear). $4.79 psf includes taxes and condo fee. Offered at $945,000.00 Contact ralph roselli, Sales representatives ralph.roselli@colliers.com
Brokerage appraisals ManageMent
This unique property is being offered with a variety of uses. The zoning is Light Industrial, with a 1332 S.F. mechanic shop fronting on Burgar street, sitting on 2.6+ Acres of land. There is also access to the lot with frontage on Hagar St, and frontage to the railway on the East side. This property comes with a leaseback option with the owner staying on for an additional year. Offered at $589,900.00 Contact Mike Halliday, Sales representatives mike.halliday@colliers.com
Zoning approved for 36 large luxury +-1500 SF Units. Prime residential lot on main thoroughfare between Niagara-on-the-Lake and Niagara Falls. To the north, Mountain Rd. becomes the main artery into Niagara-onthe Lake, and to the south, leads directly to Niagara Falls. 10 minutes to Casino Niagara, the Horseshoe Falls and the Rainbow Bridge US border. 3 minutes to the QEW. Beautiful view overlooking the Eagle Valley Golf Club. Offered at $1,450,000. Contact Gregory Chew, Sales representative greg.chew@colliers.com
144 duNkIrk road, st. CatharINes
Re-locate your business to this well maintained warehouse/industrial building comprising 17,900 +/- sf with additional basement area of approx. +/-1,500 sf. Excellent highway exposure at the base of the Garden City Skyway, visible from both Toronto & Niagara bound routes. Offered at $3,995,000 Contact ralph roselli, Sales representative ralph.roselli@colliers.com
Accelerating success.
Global leadership in real estate solutions.
“Information contained herein has been obtained from the owners or from other sources deemed reliable. We have no reason to doubt its accuracy but regret we cannot guarantee it. All properties subject to change without notice.” 43
86 MUNSEE STREET N, CAYUGA
$750,000
Well priced commercial property/building located in Cayuga’s established north end. Incudes approximately 6400 sf metal clad building with approximately 3000 sf attached rear leanto + approximately 1200 sf upper level mezzanine/office. Situated on 1.47 ac lot offers large paved front parking area+fenced rear storage compound.
$539,000 46 ARGYLE STREET N, CALEDONIA
3 stry comm/residential building offering excellent visual exposure + hi-volume of pedestrian/vehicular traffic. Rear alley entry offering 3-4 car parking + street parking. MAIN LEVEL - 880sf comm/retail unit, 2ND LEVEL 3 bdrm res. unit, 3RD LEVEL - 1 bdrm res. unit & 3RD LEVEL/ATTIC - 1 bdrm res. unit. All units currently rented generating $40,800 annual gross. Do not go direct-48 hours notice for viewings
$649,900 7 TALBOT STREET EAST, CAYUGA Ideal Cayuga investment opportunity with prime, commercially zoned corner lot. Offering detached shop operating as “Garvie’s Automotive”, specializing in service-orientated mechanics garage & used car lot. Buyer to verify in regards to zoning, permit availability & overall due diligence.
44
$2,250,000 1 ALABASTINE AVENUE, CALEDONIA
Cash flowing Caledonia Investment & Business Opportunity! This turn key package comes complete with tremendous exposure on the corner of Argyle, beautifully presented office complete with paved parking area, detailing shop, additional mechanic area with multi lifts & 2.25 acre rear browsing & parking.
$1,500/MONTH 7104 CANBOROUGH ROAD, CANBOROUGH Turn-key commercial kitchen. Asking $1500 p/month plus apportioned share of utilities. Offers functional kitchen, large sit-down bar, 5 booths, extra table for 6 plus private outdoor patio. Includes exclusive use of all kitchen equipment,cutlery,equipment, etc. Tenant responsible for all liquor licence applications.
MERZ
FOR SALE
21 Acres Of Development Lands In Haldimand County (Caledonia) Right At The Entrance To Town Across Street From New Grocery Store, And Minutes From Thriving New 4500 Home Subdivision. Great Spot For Restaurants, Medical Centre, Offices, Fitness Centre Etc. Great Power Centre Location. ASKING $8,200,000
Norm Merz
Sales Representative
905-541-4917
Norm@NormMerz.com www.NormMerz.com Office: 289-523-0345 RE/MAX Real Estate Centre Inc. Brokerage
ENTREPRENEURS WANTED!!!
16000 SQFT MULTI-USE
OFFICE/WAREHOUSE WITH FUTURE DEVELOPMENT
TURN $150,000 INTO 1MILLION With this Amazing Bakery/Deli Established 22yrs ago specializing in a wide variety of signature products and European Foods as well as your everyday bakery and grocery items. Huge growth and expansion at your doorstep w/brand new development site being built (300+) Units. MLS H4057370.
Amazing 3 Storey SOLID CONCRETE building with gymnasium, Chapel, Sanctuary, Banquet Hall, rooftop patio, offices & elevator. Minutes to the Downtown Core. Currently Zoned I-2 the possibilities are endless including but not limited to Day Nursery, Emergency Shelter, Retirement Home, Social Services Centre, REC CENTRE or potential redevelopment subject City approvals & Permits. MLS H4057299.
Solid BRICK 8000 PLUS SQFT BUILDING W/ FULL DRY BSMT ideal for many uses (Industrial, Warehousing, Retail, LIGHT MANUFACTURING) located near Gage Park. Available Immediately. Natural Light, Loading dock, Private Gated Exclusive Parking. Zoned LMR-2. Potential for 9+ Storey MIDRISE W/ PURCHASE OF Adjacent property, 205 X 157 Ft Condo Site. MLS H4061411.
ASKING $1.8M
ASKING $1.4M
ASKING $149,000 PLUS INVENTORY!
Mildred & Len FREY PEAK REALTY LTD DIR: 519.741.6970 OFFICE: 519.669.1544
19 Weber St, Kitchener MLS# 30756996
$1,600/month gross lease Great for any small office related to court house activities. Or a small bookkeeping, computer services office. Contact any time to view.
4-112 Oriole Pkwy, Elmira MLS# 30681168 1,821 SF
$10.00/SF, plus heat & hydro This unit allows you to set up the space as you see fit. Freshly painted. In a busy mall with lots of parking. Other business’s in the mall are Laundromat, Pizza, Ladies clothing, Guys and Dolls hair salon, Mini-Mart convenience Store.
Laundromat & Pet Grooming MLS# 30736450
$150,000. For business
Only laundromat in growing town of Elmira. Several vending machines, including Water sales, and Self-serve pet grooming. Excellent security system 2 washrooms. The facility has heavy duty Fresh co machines for hockey equipment. Delivery service and deliver van can be negotiated.
500 SQFT UPTO 2600 SQFT AVAILABEL FOR LEASE!!!
50,000 SQFT MACHINE SHOP LOCK, STOCK AND BARREL!
Clean & Turn Key ready. Ideal AMAZING OPPORTUNITY!!! Own this Highly Sophisticated location for many uses in- & Well Established Business & cluding Office, Retail, Medi- Machine Shop. Buildings are approx. 50,000 SQFT Equipped cal, RESTAURANT with High w/ over 20 cranes & 2 High Tech traffic Exposure, signage and Inspection Rooms. This is an extremely Viable & Profitable parking. This is a must-see operation with over 50 Employfor your ALL YOUR business ees W/ established contracts for the next 5 yrs. Includes Buildneeds. MLS H4055927. ing, Land, Machinery, Equipment, Business & INCREDIBLE GOODWILL. MLS H4039565. ASKING $25/SQFT GROSS LEASE
SERIOUS INQUIRIES ONLY!
45
FOR SALE
747 & 761 KING STREET EAST HAMILTON, ON
PRICE: $2,950,000.00
PROPERTY DETAILS + Rare opportunity - User/Investor or Developer
4.8 ACRE GARDEN CENTRE WITH NURSERY, GIFT SHOP, AND ON-SITE HOME $1,490,000 • Established in 1963 • 2 greenhouses, 6 hoop houses • Retail + office space, warehouse, workshop • Reputable res/comm landscaping service arm • All equipment included • Live on-site in 2600 sq ft 2+2 bdrm home
+ Located on Future LRT Route in walking distance from future Wentworth Station + TOC1 zoning (allows a wide variety of uses including retail, office and residential) + Retrofit or redevelopment! + 25,165 sq ft of above ground commercial space over 2 floors + Some space finished rehearsal/studio space + Two separate lots totaling 0.73 ac + Post and Beam construction with high ceilings
Randy Ross
Sales Representative CENTURY 21 United Realty Inc., Brokerage*
705-868-5469
randy.ross@century21.ca #2 Sales Volume Company Wide 2014 #3 Sales Volume Company Wide 2016, 2017 #4 Sales Volume Company Wide 2015, 2018 Masters Diamond Award Winner 2015 Centurion Award Winner 2014, 2016, 2017, 2018
CONTACT US JONATHAN LEARY* DAVID MERKER* Vice President +1 905 315 3695 jonathan.leary@cbre.com
Sales Representative +1 905 315 3676 david.merker@cbre.com
*Sales Representative
CBRE Limited Real Estate Brokerage 1235 North Service Road W | Suite 101 | Oakville, ON
DEVELOPMENT OPPORTUNITY Outstanding investment opportunity in the heart of the New Employment District of North Oakville. Prestigious location with 245 ft frontage on Dundas Street. Surrounded by major future employment development project.
M. Abusaa Broker of Record 416 825 7775 m.abusaa@akarat.ca 46
Hesham ElZoghby Broker 647 705 2620 h.elzoghby@akarat.ca
“WE PRODUCE RESULTS”
FREE CMA EVALUATION with this ad cut out LAND DEVELOPMENT / INVESTMENT BUY & HOLD FUTURE SELLING DISTINCTIVE
LIFESTYLES 1917_DJW_4_0001
Paul J. Szostak
Broker / F.R.I. / P.S.A. / S.R.S. / C.-C.R.E.C. / A.S.A. / A.B.R. / S.R.E.S.R.C.C. (Past Chair) / R.A.H.B. (Director 2011-12)
stakteam@gmail.com
905.333.3500
FILM MAKER SPECIAL
1917_DJW_4_0001
D L O
S
MLS # H4048007 $488,888 Beautiful Raised Bungalow with Walkout. Lower level layout studded, wired, plumbing and ready for boarding as in-law suite with walkout to natures finest with true country feel over-looking farmers fields in quite and elegant 2 year new subdivision within all amenities.
MLS # 4056576 $758,888 Dynamic outstanding gem completely redone 1.5 storey with second residence building detached at rear of property with stand alone sewer system etc. Income/ investment opportunity in West Hamilton across from historic Dundurn Castle. Unmetered water.
BUY/HOLD INVESTMENT APPROX. 10% CAP RATE SEE E TOU VIRT RIC P R P UAL ICS NEW
1917_DJW_4_0001 RETAIL WITH BUILDING UNDER 10,000 SQ.FT. SEASONAL COMMERCIAL
$588,888.00
$550,000 Multi use fully tenanted property with turn key operation. Seven units with separate meters. The 7th hydro meter is being installed. This amazing opportunity to generate approximately $52,000 net operating income! Roof replaced approx. 5 years ago. Parking available for up to 10 vehicles. Appraisal is available at a cost of: $2500.00 / AACI /2018 Value: $550,000.00 . Excl. MLS# H4047196.
VTB AVAILABLE BY OWNNER
Mini- Putt and building was used for hot dogs / ice cream sales etc. High Density / High Visibility from HWY 3 in Beautiful “ Cayuga, ON.,” Once used as a Seasonal Mini-Putt / Snack Bar / Summer Attraction Location boasts over 1.6 Acres of prime real-estate off a main road with a 2 Storey / Building structure in need of TLC / Renovations / Roof etc.. as it has been awhile since last being updated. Value is in the Land / Location. V.T.B. AVAIL. UP TO 250K. Only $ 588,888.00
DISTINCTIVE LIFESTYLES Selling “Distinctive Lifestyles” A Must See!!! Truly an artist’s tranquil dream location w/ amazing settings in all seasons. They all have amazing nature at its finest. Transform the gorgeous and elegant yoga studio into an art studio and just start painting!! You will love the heated floors and oversized views. MLS# H4048023
$1,588,888
47
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