Commercial Investor - Ontario - April 22, 2023

$2,999,900

VIRTUAL TOUR

Compelling Opportunity! Two buildings situated on three lots in perhaps the most exciting area in Waterloo! Looking for live-work space with income and parking? Or perhaps an in ll project/ redevelopment site? This site truly has it all. Situated steps to Waterloo Park’s LRT station (about 100 meters) and in front of the Barrel Works Development, this IS the most intriguing site in Waterloo on the market. Uptown Waterloo, with its shops and nightlight, Waterloo Park and Waterloo Rec Centre are quick walks away. Both universities are accessible by LRT - just a stop away! CIGI across the street. Perimeter Institute and Clay and Glass museum around the corner. 116 Erb is a mixed use building featuring commercial on main oor and a residential unit above. This building could be ideal as live-work space - in a very convenient, very high-pro le area. 110-114 Erb presents as a triplex and was previously rental licensed. Next owner can go to market rents immediately and can capitalize on perhaps the The Best Rental Market in Canada. This is a rare opportunity in the Uptown core. Why settle for a tertiary location when you can own The Best? Opportunity knocks - will you answer?

Waterloo

$100,000+ Gross Annual Income Available Here - with more upswing available! This triplexed building is located just a two minute walk to to Wilfrid Laurier University, a quick walk to the vibrant amenities of Uptown and an easy walk to University of Waterloo. This building comes to you with three City-approved, rental licenses issued by City of Waterloo. Located on a street with properties that are predominantly owned by large multi-residential rental service providers, this is a rare opportunity for the private sector investor! Unit A has seen thousands of dollars in renos before going to market with some newer ooring and paint. Unit B tenants have been in place for a couple of years. There is an opportunity to go to market rents and increase revenue substantially on tenant departure in this unit. All units have generously sized common areas and spacious bedrooms with individual temperature control. Thoughtfully designed with a compelling unit mix of 3, 5, and 6 bedroom units. Ample parking. Note individual electrical meters! Opportunity on Units B and C to move electrical costs to tenant on re-rental. Roof done in 2022!This money maker will work well for: savvy investor looking for a foothold in lucrative Waterloo rental market, parent investor that seeks the ultimate location for their university bound child or even a university employee that wants to live close to work and generate mortgage helper income through the other units. Zoning may also provide future development opportunity when combined with adjacent properties. Let’s book a viewing of 311 Spruce Street - today!

Ultimate Live Work Play Learn Community

•Welcome to The Block! The ultimate Live-Work-Play-Learn space located in close proximity to all the locales that make Waterloo great! Our current opportunities, range from 570 to square feet to 825 square feet – and are desirable one bedroom plus plus den formats! The developer is offering a 12 month rental guarantee – $1900/month for 570 sq ft unit and $2450/month for 825 sq ft unit! Premier suite nishes and conveniences available here including plank laminate wood ooring, ceramic tile in bathroom, in suite laundry with stack-able washer/dryer (in Building F), oversized low e argon windows, knock down texture ceil-ings, granite countertops in kitchen and baths. All units pre-wired for high speed internet, telephone and cable Individual heating and cooling controls. This well-appointed community will feature a plethora of common amenities available to all community members regardless of building: games room, theatre room, study lounge, business centre, yoga studio, tness room and terrace barbecue space - spread throughout the development. The building features: water softener, upgraded elevators, ceramic ooring, high ef ciency lighting and buzz board/intercom access control and security cameras. Condo fees include: insurance, common amenity utilities, water, cleaning, landscaping/snow removal, private garbage collection, and maintenance. This is a compelling, turn key, passive income opportunity!

Waterloo

311 Spruce Street,

$2,200,000

6,700SF Plaza situated on 1+/- Acre lot zoned C4-48 on major artery in Guelph directly in front of Walmart/Smart Centre. The building consists of 5 fully rented units with 1,600SF of basement space, plus additional income from Bell Communication tower at the rear of the property. Other features include 5 drive in doors, 9’10 ceiling height, plenty of onsite parking, on public transit line, great exposure.

1.796 acres of Commercial Land available for sale. Located on the North side of Victoria Street North between Lancaster Street West and Conestoga Expressway. High traffi c artery. Located on public transit route. C-6 zoning allows for a variety of permitted uses some of which include tradesman and contractor’s establishment, commercial parking facility, convenience retail, repair service and more. Utilities located at the street. MLS

Live/Work Duplex recently renovated in AAA

on 2 public transit lines. 3,600SF building w/ 3 dedicated entrances, currently with spa/clinic layout on lower 2 levels and a 4 bdrm residential home on upper 3 levels. Featuring 13 recently paved parking spaces, fully fenced back yard area, new furnace & A/C, water purifying system, air exchanger, security system, brand new kitchen and much more! MLS.

Investment opportunity! Rented on 2 yr inclusive lease $4400/month. Beautifully renovated top to bottom 2 unit, 3 bdrm house w/ 1 bed accessory apartment in Downtown Kitchener. 1,200+ SF of above ground living space plus fully fi nished lowerlevel in-law suite. Corner lot w/ private drive and detached garage. Prime location situated within walking distance of Google, School of Pharmacy, LRT and close to expressway.

CALL RYAN BRIGGS

51 WOODLAWN RD W, GUELPH

CALL RYAN BRIGGS

480 VICTORIA STREET NORTH, KITCHENER $1,900,000

CALL NEIL KOEBEL

$699,900

550 UPPER JAMES STREET, HAMILTON

Totally renovated multi-purpose Comm. building sit. on 21.45x149.27 lot located on central Mountain enjoys hi-volume of daily vehicular/pedestrian traffic offering ex. visual exposure. Incs 728sf of MF Comm./Retail area operating as est. Hair Salon ftrs 5 work stations, 2 sinks, laundry station & 2pc bath. Boasts mod. frontal facade, brick side/rear walls, front/side MF entries & rear door to 766sf open concept UL office space w/kitchenette, dinette & 2pc bath. Meets all fire separation codes, separate n/g furnaces & AC units, hydro/gas meters & asphalt side driveway w/4 dedicated parking spots. Contact LS re: driveway ROW.

$115,000

Vibrant restaurant business in heart of Dunnville’s downtown, ex. visibility & hi-volume of daily pedestrian traffic. “Small Dimensions” - renowned for outstanding, healthy food w/no additives or preservatives incs steady/loyal clientele base. Ftrs large foyer providing entry to 810sf dining area, 10ft ceilings accommodating 46 patrons & fully equipped 400sf comm. kitchen. New Buyer/ Tenant to negotiate long term lease w/Landlord - all leases to inc permission to use 2 clean washrooms in secured adjacent common area. 2-4 parking spots & street parking. Viewings by appointment only - do not enter during business hours.

$599,900

$799,900

Jarvis Country Opportunity featuring 1.98 ac corner parcel on desired Old Highway #3 with approximately 434’ feet of frontage weith Industrial zoning component (legal – non conforming). Offering a 2 bedroom, 1 bathroom Bungalow and approximate 103’ x 40’ shop/garage with washroom, office area, & approximate 12 ft ceiling height. Separate water & septic source for the home and the outbuilding. Call LA re: HST, legal non-conforming zoning, tenant vacancy, & more info regarding due diligence. Being sold “as is”. Seller does not represent zoning, septic, water, or any info regarding the property. *No interior viewing of the home until offer has been accepted due to tenant.

$950,000

316 MAPLE STREET, DUNNVILLE

6 unit, 5647sf double brick “Dunnville Icon”-incs 2 Comm. Units & 4 Res. Units. Enjoys corner frontage on Maple & Alder St near downtown, schools & parks. Originally constructed as church in 1870-retrofitted in 1910 bordering neighboring parking lot. 2 Comm. units offer large retail space, 11’ ceilings, plank flooring, n/g furnace & 1 bath (shared by 2 units). 865sf unfin. unit ftrs swing doors- minimal cost to renovate into extra rental unit. Incs 1 MF 2 bedrm unit & 3 UL units (all 2 bedrms). All units rented generating aprx. annual gross aprx-$37,795/aprx. annual net-$24,792poss. upside to increase current below market rent.

$4,750,000

0.33 ac Commercial/Residential property situated in heart of Turkey Point’s famous beach strip - possibly this resort town’s most coveted location-exploding every summer w/tourists enjoying sand beaches directly in front of property. Incs Comm. Restaurant (currently leased until 2025 w/profitable annual income) offers aprx. 2000sf work area incs fully equipped kitchen, takeout windows, WI cooler, 3pc bth, laundry, SS range hood, fire suppression’20, membrane roof’16, equipment-Sch D. Incs 3 bedroom year round home freshly painted/redecorated in’23 (aprx.1000sf) positioned behind Restaurant incs new 600sf deck’23, luxury vinyl flooring’23, roof’17, p/g furnace’19, community water, Fibre Internet & recently painted exterior. Possible VTB.

2032 MAIN STREET N, JARVIS

2 stry brick dwelling located in downtown Jarvis - near amenities, schools, parks, shops, eateries & walking track. Situated on 0.22ac lot, covered porch w/entry to foyer, living room/poss. bedroom incs FP, family room, office, renovated 3pc bath & dining room w/plumbing RI. Period hardware floors, wood trim + 8.6/9ft ceilings enhance historic charm. Orig. staircase accesses upper level hall w/balcony WO, 288sf living room, 2 bedrooms, 4pc bath, full kitchen & all purp. room ftrs balcony WO & wood outdoor staircase. Service style basement houses newer n/g hot water boiler & 100 amp hydro.

1776 #54 HIGHWAY, CALEDONIA

ATTENTION - Developers, Investors, Speculators - 72.79ac property directly abutting Caledonia’s largest ongoing residential building development enjoying 512ft of Hwy 54 frontage - incs 1978 brick bungalow offering 1650sf of living area, 1650sf unfinished basement, 400sf att. garage, 16x32 IG heated pool, 2523sf built P&B barn (1935), grain bin + aprx. 45-46ac workable land & 10-12ac forest. Incs living room w/ nat. stone FP, dining room, functional kitchen, dinette enjoying patio door WO to resort style rear deck/pool, master bedroom incs 3pc en-suite & WI closet, 2 bedrooms, 4pc bath, MF laundry, 2pc bath & mud room w/direct garage entry. Massive basement houses HVAC systems. Majority of value is in large acreage/land component.

209 CHESTNUT STREET, DUNNVILLE

103 CEDAR DRIVE, TURKEY POINT

$1,299,000

115 Kinnear Street,

Legal

three separate unit. Two one bedroom unit on the ground floor, Unit 1 rented for $1100, unit 2 for $1000 The upper unit is a 3 bedroom 2 bathroom with laundry room. In total 5 bedroom, 4 bathroom 3 kitchen, 3 stove 3 fridge. The upper unit is vacant. Major repair that is need is a roof for the main building.

(647) 542-7446

Duplex with

8 spacious condo townhomes for sale. All 3 bed,1.5 baths, walk-out basements, private courtyards and attached single car garages. Units fully tenanted and being sold in a bundle, making this a unique investment to add to your portfolio. Tenants pay own hydro, 4+2 visitor parking.Roof reshingled 2020, electric heat throughout, no central air, 8 owned water heaters,windows approx10-12 yrs. There is possibility to add additional units on the approximate 31,000 SQFT. $3,800,000

Future development possibilities in this 4.798 Acre parcel of land that borders Welland/Thorold. Adjacent property, in Welland boundary, is zoned low density residential. Property is close to Brock University Campus (15 Minutes), Niagara College (1km) new residential developments, plaza for shopping and all amenities and close to highway Access. Land only for sale. Current zoning FD - EP2. Contact for more info. MLS H4117393. $3,225,000

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What you need to know at tax time

Rental income tax obligations

If you earn income from one or more properties that you own alone or with someone else, the money collected from these activities is taxable and you are required to report it.

RENTAL INCOME INCLUDES INCOME FROM RENTING:

• houses

• apartments

• rooms

• space in an office building

• other real or movable property

REPORTING RENTAL INCOME: RENTAL OR BUSINESS

Income earned from renting out property is considered by the Canada Revenue Agency (CRA) to be either rental income or business income, depending on the

duration of the rental and the types of services included in the rental agreement. In most cases, rental income means you are being paid to rent space and provide basic services only. These include heat, light, parking, and laundry facilities. If you provide additional services to tenants, such as cleaning, security, and meals, you may be carrying on a business. The more services you provide, the greater the chance that your rental operation is a business.

CURRENT EXPENSES VERSUS CAPITAL EXPENSES

Keep track of all your expenses related to your rental property as these may be deductible, but there are different kinds of expenses. Current or operating expenses that are short term and associated with maintaining a property can be claimed entirely for the year you made them in. Capital expenses can be amortized, or spread out, over several years and generally provide a longer-lasting benefit or improve the value of a property.

KNOW THE DIFFERENCE BETWEEN A CURRENT AND A CAPITAL EXPENSE:

Criteria: Does the expense provide a lasting benefit?

Capital expense: Generally, there is a lasting benefit or advantage. For example, the cost of putting vinyl siding on the exterior walls of a wooden house is a capital expense.

Current expense: The expense usually recurs after a short period. For example, the cost of painting the exterior of a wooden house is a current expense.

Criteria: Does the expense maintain or improve the property?

Capital expense: The cost of a repair that improves a property beyond its original condition is probably a capital expense. If you replace wooden steps with concrete steps, the cost is a capital expense.

Current expense: An expense that simply restores a property to its original condition is usually a current expense. For example, the cost of repairing wooden steps is a current expense.

Criteria: Is the expense for a part of the property or for a separate asset?

Capital expense: The cost of replacing a separate asset within a property is a capital expense. For example, buying a refrigerator to use in your rental operation is a capital expense because a refrigerator is a separate asset and is not a part of the building.

Current expense: Repairing a property by replacing one of its parts is usually a current expense. For instance, electrical wiring is part of a building. Therefore, an amount you spend to rewire is usually a current expense, as long as the rewiring does not improve the property beyond its original condition.

Criteria:Is the expense for repairs to the used property that you acquired made to put it in a suitable condition for use?

Capital expense: The cost of repairing used property you acquired to put in a suitable condition for use

in your business is considered a capital expense even though in other circumstances it would be treated as a current operating expense.

Current expense: Where the repairs were for ordinary maintenance of a property you already had in your business, the expense is usually current.

Criteria: Is the expense for repairs made to an asset in order to sell it?

Capital expense: The cost of repairs made in anticipation of selling a property, or as a condition of sale, is regarded as a capital expense.

Current expense: Where the repairs would have been made anyway, but a sale was negotiated during the course of the repairs or after their completion, the expense is considered current.

OTHER CONSIDERATIONS WHEN EARNING RENTAL INCOME

In addition to claiming your income and deducting allowable expenses, other considerations could impact your tax situation. For example, if you own a newly constructed or substantially renovated residential rental property, you may be eligible for a rebate. If the expenses you incur to earn rental income are more than your gross rental income, you can deduct your rental loss against your other sources of income. However, you cannot deduct any amortization/ depreciation on your rental property if you are already in a rental loss position. You also cannot deduct a rental loss if you rent to a family member below fair market value.

Learn more. Visit canada.ca. CI

LEASE

• Walk-up retail unit

• Fresh new look to plaza located on University and Fischer Hallman

•1,128 sq ft

•$35.00/sq ft net

LEASE

347

MLS

KITCHENER

• Industrial/Service commercial space

• High daily traffic volume

•Drive in and drive in loading doors

•6,400 sq ft

•$14.00/sq ft net

LEASE

MLS

MAIN-9

• Prime uptown main floor retail space

• Highly visible signage

• Modern interior finishes

•1,667 sq ft

•$35.00/sq ft net

MLS

• Top floor shell office space

• Additional rents include utilities & in-suite cleaning

• On-site accessibility

• 2,044 – 4,880 sq ft

• $17.95/sq ft net

LEASE

MLS

• Office space with excellent visibility

• Utilities included in additional rent

• Abundance of natural light

•1,889 – 3,700 sq ft

•$15.95-$16.95/sq ft net

MLS

• Main floor retail space

•Free on-site parking

• Located near Franklin St and King St E

•1,000 - 1,800 sq ft

•$19.95 - $24.95/sq ft net

MLS

851 FISCHER HALLMAN ROAD, KITCHENER

WEBER STREET N,

KING STREET N WATERLOO

50 EIGHTH AVENUE, KITCHENER LEASE

55 ERB STREET E, WATERLOO

22 KING STREET N, WATERLOO LEASE

WATERLOO

MLS® 40367627

COMMERCIAL BUILDING/LAND

1,600 SF | 0.673 Acres | $3,200,000

Chad Ritzer* x 3033

KITCHENER

MLS® 40397799

REDEVELOPMENT LAND 1.21 Acres

James Boudreau* x 3020

BRESLAU

MLS® 40165651

MLS® 40373566

REDEVELOPMENT SITE

2.108 AC. | $4,300,000

James Boudreau** x 3020

BRANTFORD

MLS® 440392411

COMM/RES. INVESTMENT

3 COMM UNITS | 5 RES. UNITS $2,350,000

Eric Frey* x 3118

AVAILABLE FOR SALE

AVAILABLE FOR SALE

CAMBRIDGE

MLS® 40401807

INDUSTRUAL BUILDING

19,563 SF | 0.983 Ac. | $4,100,000

ORANGEVILLE

Chad Ritzer* x 3033

ORANGEVILLE

MLS® 40400544

MLS® 40400544

BUILDING AND LAND

45,711 SF | 19.88 AC. | $22,500,000

Eric Frey* x 3118

John Hoffman* x 3040

BRANTFORD

MLS® 40389801

RETAIL INVESTMENT

25,000 SF | 1.51 AC. | $6,000,000

WATERLOO

Lester Tobin* x 3023

WATERLOO

MLS® 40386429

CAMBRIDGE

CAMBRIDGE

MLS® 40267992

MLS® 40267992

COMMERCIAL BUILDING

11,679 SF | 0.21 AC. | $2,500,000

James Boudreau** x 3020

GUELPH

REDEVELOPMENT LAND

MLS® 40321109

9.53 Acres | $19,500,000

Eric Frey* x 3118

REDEVELOPMENT LAND

John Hoffman* x 3040

9.53 Acres | $19,500,000

Eric Frey* x 3118

John Hoffman* x 3040

GUELPH

MLS® 40389807

RETAIL INVESTMENT

25,673 SF | 2.27 AC. | $5,000,000

WATERLOO

Lester Tobin* x 3023

WATERLOO

MLS® 40377927

BUSINESS ONLY

MLS® 40386429

BUSINESS FOR SALE $349,000

BUSINESS ONLY

BUSINESS FOR SALE

$349,000

Lester Tobin* x 3023

Each office is Independently Owned and Operated

Each office is Independently Owned and Operated

MLS® 40377927

BUSINESS ONLY

ESTABLISHED RESTAURANT $129,000

Lester Tobin* x 3023

Customer-driven demand shapes real estate in Canada

E-commerce fulfillment, Proptech and midpriced housing on upward swing.

Canada’s real estate sector is carefully monitoring government policy changes, housing affordability and technology disruption and what it may mean for the industry. According to the 2020 Emerging Trends in Real Estate report published recently by PwC Canada and the Urban Land Institute (ULI), developers, investors, lenders and other leading experts are cautiously optimistic. The best bets for 2020 are mainly about “beds and sheds,” with a focus on mid-

priced apartments, transit-oriented development, as well as warehousing and fulfillment.

Residential real estate

The past year has seen the first results of the mortgage stress test, which has restrained activity in markets like Vancouver and Toronto. Some homebuyers have been taken out of the market because traditional lending markets are closed to them, so an unregulated lending market

has emerged, resulting in greater consumer and market risk.

Survey respondents rated construction, material and land costs, along with approval processes, as the top development issues in 2020. Many of these are supply-related issues where governments can play a role. There is an opportunity to do more as governments and the real estate industry embrace the mutually beneficial approaches to housing supply issues through transit-oriented development policies and increased density allowances around transit hubs.

“Governments must recognize that increased supply can help address the affordability issue and be

willing to embrace innovative ways of unlocking a supply-constrained market,” says Frank Magliocco, national real estate leader, PwC Canada.

“There is a better way to achieve a responsible use of land that addresses affordability concerns, and it’s not from current attempts, like the stress test, to temper demand,” says Richard Joy, executive director, Urban Land Institute (ULI) Toronto.

Rising customer expectations influences commercial real estate

Changing workplace practices, like remote and flexible schedules, are creating an environment of real estate as a service (REaaS). The push for amenities and the need to make office environments as attractive as possible to attract and retain top talent is having a significant impact on shaping real estate.

Rising customer expectations for same-day e-commerce deliveries continue to spark demand for largescale facilities close to population centres and transportation routes.

“The rise of e-commerce doesn’t necessarily mean the end of the brick-and-mortar presence, and in fact, retail remains an important solution to last-mile delivery,” says Magliocco. As online shopping continues to grow in Canada, the need for dedicated space for deliveries, including cold storage for food deliveries, is an emerging trend in the multi-family residential sector.

Proptech

Proptech, which covers everything from new lending services to construction technology, is

changing the way properties are bought, built, sold and managed. According to the report, Proptech investment is projected to reach a record $6.3 billion U.S. across 382 deals in 2019. By comparison, the figures were $4.5 billion U.S. and 399 deals, respectively, in 2018. With customers looking for digitally enabled and mobile-friendly spaces, the real estate industry is exploring new applications across the technology spectrum, with a focus on smart-buildings, energy efficiency and embedding IoT-(Internet of Things)-powered sensors into their systems.

“Digitization, including the rising use of the Internet-of-things-enabled sensors in buildings has created an added layer of vulnerability for many real estate players,” says Magliocco.

Cybersecurity is ranked fourth on the list of real estate disruptors for 2020, with many interviewees in the report having been victims of cyberattacks. The expectation is there will be more training, hiring and embedding teams of cybersecurity professionals within the real estate industry.

Toronto: One of the top five markets in 2020

Fuelled in part by immigration that’s helping to make it one of the fastestgrowing cities in both Canada and the United States, Toronto continues to have a healthy real estate market. Economic growth is also solid. The CBoC is predicting growth of 2.4 per cent in both 2019 and 2020. While the housing market had declined as a result of policy interventions like the mortgage stress test, sales and prices have been stabilizing.

But affordability remains a significant concern, largely due to a decade of land supply issues, coupled with increased demand for housing as a result of immigration and new household formations. With the cost of land per front foot rising, the impacts of government levies and taxes have only added to the affordability challenge.

Toronto’s office market is a major strength, as seen in the continued low vacancy rate and announcements of large-scale developments across the region. Notable among them is a recently announced $3.5-billion CA mixeduse development near the CN Tower that includes two office towers (of 58 and 48 stories), about 800 rental apartments across two buildings and a retail component.

A constant top investment and development pick, the industrial sector continues to shine on the back of e-commerce growth. Vacancies are at historic lows in the industrial sector, with average net-asking rents on the rise. Construction activity is strong, with significant new supply expected to come onstream by early 2020. CI

Source: pwc.com/ca/en/industries/ real-estate/emerging-trends-in-realestate-2020.html#content-free-1-d9a5

Toronto’s office market is a major strength, as seen in the continued low vacancy rate and announcements of large-scale developments across the region.

Unlimited income potential, 2 properties on .85 acres the residential property is as follows; updated 1750 sq.ft. of living space double car garage and outside parking for 5 cars.

Present on the adjacent property is a commercial turn key operation west side automotive, previously Thruway Muffler. This building includes 2 garages and two office spaces and a public bathroom, multiple entrances which include 4 10ft. garage bay doors. Parking spaces, 14 in the front and 30 in the back of the gated fenced yard.

Tamy Poliquin Sales Representative

905-933-3268 tammy.sells@royallepage.ca

HEY LOOK!!! CLARINGTON IS STILL HOT!!!

PLAZA BOWMANVILLE CLARINGTON

19,000 SQ FT mixed use, 7 commercial units, 8 x 2 bdr apartments. 100% leased. Good net cash flow. Good long term tenants. Good leases with escalations. Good upside. Main Highway 2 frontage and access, good parking. Open to reasonable offers! Upside rental income 2023!

10,685 SQFT INDUSTRIAL BUILDING! $3,325,000

Exceptional Investment! Approximately Four Year New Building! Sale & Leaseback with 10 Year Term Available Very Stable & Successful Business Tenant Property Fully Paved, Excellent Condition Exceptional Location by HWY 401 in Clarington. Wont last!

SUPERB INDUSTRIAL REDEVELOPMENT OPPORTUNITY

5 Acres, gravel yarded property. Outside storage. 18,000 SQ FT buildings, ideal for self storage, building supply, contractors, manufacturing. Its ripe. For the picking, excellent Highway 2, Frontage, Ideal self storage site for lease or sale. 35 miles east of Toronto.

PRIME COMMERCIAL CORE - NEWCASTLE - WOW!

Units available for lease. Award winning block. Huge parking lot! Good Anchors, Foodland & Dollarama. Ideal for health well being services. Motivated owners. Ideal commercial cond units in rapid growing Newcastle. Call to inspect. Best building in Newcastle

EAT THIS UP: BUSINESS & BLD FOR SALE NEWCASTLE

Free standing, long term food business + property included! 2500 SQ FT restaurant full licensed, with outdoor patio on major highway - huge parking. Owners to retire after 18+ years - well known. Excellent easy to run food business. Call for details. Owner will hold mortgage OAC.

GREAT NEW INDUSTRIAL BUILD IN BOWMANVILLE

35k sqft high quality presently under construction general industrial warehouse in Clarington with high 26’ ceilings and your choice of loading doors. Fantastic corner location. Ready summer 2023. 2 minutes to 401 interchange. Brand new / EFSA sprinklered. Radiant heat. 14.25 net.

CHOICE - COURTICE PLAZA COMMERCIAL SPACE!

High traffic + Well Anchored Units available from 1200 to 1550 SQFT, and from $3600 to $4300 per month! Call for more details!

John Shewchuk Brian Shewchuk

Cell: 905-404-5038 | Email: jshewchuk@royallepage.ca

Cell: 289 688 8047 | Email: brianshewchuck@royallepage.ca

Seven low-cost marketing strategies

For many business owners, marketing doesn’t come naturally. They lurch from one tactic to another without a clear idea of whether the efforts are going to pay off in higher sales.

If that description sounds familiar, here are some time-tested, lowcost techniques to improve your marketing and help you reach your goals.

1. Conduct a survey

It’s critical to create a marketing plan before moving on to tactics. And the first step in developing a marketing plan is to understand who your target customers are and what they want from your company.

A good way to gain a better understanding of your customers is to conduct a survey about your products or services. If you can’t afford to hire a research company, do it yourself by creating a short questionnaire and recruiting existing and prospective customers to participate.

2. Pamper your existing customers

It’s typically five times as expensive to make a sale to a new customer as it is to an existing one. So, make sure you’re not neglecting the people who already know and trust you. Consider, for example, taking your best customers out to dinner or golf and using the opportunity to ask them about how to improve your

business. You could also personally write to your top 10 customers to thank them and tell them they’re part of your new loyalty program or invite them to a sneak preview of your latest product.

3. Commit to online marketing

The Internet provides you with an inexpensive 24-hour virtual storefront. You can build relationships with prospective customers by offering them high-quality content on your site such as blogs, how-to articles, videos and a newsletter.

You can also extend your reach by using social media. One word of caution however: If you’re not willing to devote six to eight hours a week of an employee’s time, you’re better off going with a simple, well-designed website.

4. Use all your real estate

Your building and surrounding land or sidewalk are great places to put up signs and banners. And don’t forget to use your vehicles as moving billboards. But remember: Your images and messages should focus on what you’re selling, not your company’s name.

5. Work at public relations

A media story about your company is generally much more valuable than an advertisement because of the credibility it confers on your business.

But in this era of media cutbacks, it’s harder than ever to attract journalists’ attention. Keep in mind that they’re looking for a compelling story to tell. So, help them by letting them know about your innovative product, unusual customer contact or highstakes gamble that paid off. And keep at it – building relationships with the media will pay off.

6. Turn employees into ambassadors

Your employees are part of the community and have all sorts of contacts that could help you. How about inviting employees and their extended families to a fun event at your business? You may find you get new word-of-mouth business or hear about a potential new business partner. At the very least, your team will come back to work on Monday feeling energized.

7. Give back

By sponsoring a hockey team or participating in a charity drive with a cheque and a collection jar in your lunch room or by the cash register, you’re not only doing your part for the community, but also generating goodwill with customers and prospects. CI

Source: BDC.ca

You know it’s going to take a marketing push to meet your sales goals this year. But your budget is tight and you’ll need to use your imagination to make it happen. Where to start?

A good way to gain a better understanding of your customers is to conduct a survey about your products or services.

$599,000 Income Opportunity for Family, Professional, or Retirement.

3 Residential Apartments and 1 Commercial Unit.

MLS # X5321173

This property is situated on the four corners of Springbrook Ontario. 15 minutes from Campbellford which has its own hospital. The two intersecting roads connect Springbrook to Campbellford, Stirling, Marmora, and Madoc all about ten to fifteen mins in each direction. All units have fresh neutral paint, flooring, and fixtures. Updated Hydro and wiring include hard wired smoke and carbon monoxide detectors throughout the property. Property also has three garage bays and a loading dock bay. Urban Commercial Zoning allows many uses including variety store, restaurant, cafe, studio, retail shop, gallery, professional o ce, and residential apts. Features 88x187 foot lot and inground swimming pool, 3 four-piece and one two-piece bath. All for $599,000.

SkyViews Your Price for ‘Upside’ Finding Value in the Grey Areas

SkyViews

Your Price for ‘Upside’ Finding Value in the Grey Areas

By Cliff Ford, Skyview Realty

By Cliff Ford, Skyview Realty

With the ever-increasing demand for multi-unit residential properties amongst investors, a trend has been emerging over the last number of years. Many properties, and certainly buildings with 30+ units, are seeing multiple offers as part of an open bid submission process.

With the ever-increasing demand for multi-unit residential properties amongst investors, a trend has been emerging over the last number of years. Many properties, and certainly buildings with 30+ units, are seeing multiple offers as part of an open bid submission process.

If you aren’t familiar with the bid submission process, it is the act of marketing a property for sale without providing a price. Typically, the Seller will provide all due diligence documents in advance of the offer deadline to allow buyers to determine what they are willing to offer on any given property. Sellers love this process as it can generally lead to multiple offers and can create a bidding war that drives up their end price. Buyers dislike this process, however, because they prefer to have some guidance on pricing going into the offer stage. As a brokerage, we are caught in the middle of wanting to deliver great results for our Seller and satisfying our buyer clients’ demands for more investment properties.

If you aren’t familiar with the bid submission process, it is the act of marketing a property for sale without providing a price. Typically, the Seller will provide all due diligence documents in advance of the offer deadline to allow buyers to determine what they are willing to offer on any given property. Sellers love this process as it can generally lead to multiple offers and can create a bidding war that drives up their end price. Buyers dislike this process, however, because they prefer to have some guidance on pricing going into the offer stage. As a brokerage, we are caught in the middle of wanting to deliver great results for our Seller and satisfying our buyer clients’ demands for more investment properties.

What we have been noticing with these open bid properties is that ‘upside’ becomes a very common discussion point. The value a buyer places on the upside in a building can often become the factor that makes their offer stand out among the rest, at least as it relates to purchase price.

What we have been noticing with these open bid properties is that ‘upside’ becomes a very common discussion point. The value a buyer places on the upside in a building can often become the factor that makes their offer stand out among the rest, at least as it relates to purchase price.

When considering what the upside is on a property, its more than just rental rate upside, especially considering the lower vacancy rates seen in the Ontario market nowadays. Beyond the upside of what you could rent turned-over units for, investors are looking at upside in the utility consumptions by implementing programs to replace lighting with LED bulbs, installing Low-flow toilets in every unit, and investing in higher efficiency heating equipment. Upside can also be found in converting excess space in a building to either additional units, commercial space, or amenities that could draw in greater tenant rents. Sometimes even the location of the property itself

When considering what the upside is on a property, its more than just rental rate upside, especially considering the lower vacancy rates seen in the Ontario market nowadays. Beyond the upside of what you could rent turned-over units for, investors are looking at upside in the utility consumptions by implementing programs to replace lighting with LED bulbs, installing Low-flow toilets in every unit, and investing in higher efficiency heating equipment. Upside can also be found in converting excess space in a building to either additional units, commercial space, or amenities that could draw in greater tenant rents. Sometimes even the location of the property itself

can have a form of upside for a particular buyer, in that they may own a building nearby and could create valued upside in the sharing of mutual expenses between each property.

can have a form of upside for a particular buyer, in that they may own a building nearby and could create valued upside in the sharing of mutual expenses between each property.

Whatever the upside factors may be on any particular property, when going into a purchase process, understanding what YOUR value is on the upside will give you a leg up when bidding against other buyers. It appears that, at least for the time being, the sale price of the property is no longer determined just by market comparable sales. It is now the grey areas of upside that are driving the prices higher. Of course if every seller had their way, the Buyer would be paying for 100% of the upside in their purchase price but realistic sellers also know that they need to leave something on the table for a buyer. As a buyer, you need to know what the upside is and how much you are willing to pay for that upside. It is a business decision that only you can determine based on your operations.

Whatever the upside factors may be on any particular property, when going into a purchase process, understanding what YOUR value is on the upside will give you a leg up when bidding against other buyers. It appears that, at least for the time being, the sale price of the property is no longer determined just by market comparable sales. It is now the grey areas of upside that are driving the prices higher. Of course if every seller had their way, the Buyer would be paying for 100% of the upside in their purchase price but realistic sellers also know that they need to leave something on the table for a buyer. As a buyer, you need to know what the upside is and how much you are willing to pay for that upside. It is a business decision that only you can determine based on your operations.

To be fair when discussing bid submission processes, it should be stated that price may not always be the only factor when a seller chooses one offer to work with over another, but it is likely the most significant factor. As an example, buyers are becoming more and more organized in their purchasing processes in order to streamline their conditional periods and closing dates, as this can also help to achieve a sign back from a Seller when multiple offers are on the table. Especially if all offering prices are neck and neck, the terms of the offer becomes an important factor for a seller.

To be fair when discussing bid submission processes, it should be stated that price may not always be the only factor when a seller chooses one offer to work with over another, but it is likely the most significant factor. As an example, buyers are becoming more and more organized in their purchasing processes in order to streamline their conditional periods and closing dates, as this can also help to achieve a sign back from a Seller when multiple offers are on the table. Especially if all offering prices are neck and neck, the terms of the offer becomes an important factor for a seller.

You may not be a fan of the open bid submission process, but it appears as if this new trend will be sticking around. By doing proper due diligence upfront, good research on the property’s market, and determining the price you want to pay for the upside, you can still achieve great acquisitions in this tight and highly sought after investment class.

You may not be a fan of the open bid submission process, but it appears as if this new trend will be sticking around. By doing proper due diligence upfront, good research on the property’s market, and determining the price you want to pay for the upside, you can still achieve great acquisitions in this tight and highly sought after investment class.

Premium investment opportunity (6% cap rate) in the coveted Leslieville neighbourhood. This 3 Storey Commercial/residential property is comprised of 1 retail space on the main floor (Approx. 2,200 sqft) and 2 residential apartments on the second and third floors respectively. Conveniently located on Queen Street East, the location o ers excellent foot tra c and with the increased density coming to the neighbourhood, o ers sustainability moving into the future. For more information visit, www.theeastside.ca

$2,499,900

FORREST KENDLBACHER

416-921-1112

SOLD SOLD

194 Sherbourne St, Toronto

$2,549,900

Established And Successful 4 Unit Airbnb. Fully Furnished And Grossing $150K A Year. Amazing Opportunity To Live In And Collect Income Or Add To Your Portfolio. Large Owner Suite. Legal Fourplex. Fully Renovated And Tastefully Decorated.

560 Queen St W, Toronto

$2,900,000

Prime Queen St West Property On High Pedestrian Traffic Block On The North Side, Just East Of Bathurst. Great Windows And Signage. Amazing Opportunity For User Or Investor. Tenant Has Given Notice To Vacate. Density Allows For 3X Coverage.

1116 College St, Toronto

$2,998,000

Fully Updated & Improved Income Property On College St. All Major Capital Improvements Done Recently. $119,550

Net Income! 4% Cap! Great Commercial Tenants. Good Rents For Apts. Potential For Great Upside On Turnover.

2720 Danforth Ave, Toronto

$8,850,000

Proposed 59,530 Sf Mid-Rise Development. 9 Storey 81 Residential Units, 1 Ground Level Commercial Space And 27 Underground Parking. Steps To Main Subway Station And Go Station. Short Term Tenant In Place. Planning Report From Weston Consulting Available. Development And Rsc Application Underway.

2970 Lake Shore Blvd W, Toronto

$13,950,000

Proposed 9 Storey 95 Residential Units And 5220 Sf Commercial

32 Underground Parking Spaces

98,684 Gfa Mid-Rise Development. Steps To Humber College Campus, Transit. Holding Income From Short Term Tenants In Place.

100 Burland Crescent, Hamilton, Ontario

This 47,400 sq ft industrial building features: 10 drive-in level doors, 8 cranes, 400 Amp and 600 Volt power, joist heights of up to 23’ 5” (majority of the building is 17’ 10”), office space, 2 fencedin yards, and plenty of parking. The property is zoned “M5 - General Industrial” which is ideal for manufacturing, industrial, production, services, warehouse, and many others. This convenient location is only 4-minutes from the QEW, 4-minutes to the Red Hill Valley Pkwy, 8- minutes to Burlington, and is roughly the midway point between the United States border and the city of Toronto.