Commercial Investor – Ontario – June 17, 2023

DEVELOPER RENTAL GUARANTEE

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?

$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!

MLS®

110-116 Erb Street West, Waterloo

311 Spruce Street, Waterloo

MLS®

MLS®

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.

CALL RYAN BRIGGS

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 CALL NEIL KOEBEL

Live/Work Duplex recently renovated in AAA Location 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.

CALL RYAN BRIGGS

$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

$950,000

$724,900

120 OLD HWY 3, JARVIS

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.

$699,900

209 CHESTNUT STREET, DUNNVILLE

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.

$1,299,000

103 CEDAR DRIVE, TURKEY POINT

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.

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-$24,792- poss. upside to increase current below market rent.

$549,900

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.

28-30 KING STREET W, HAGERSVILLE

“Better Than New” Commercial/Residential property located in downtown Hagersville. Ex. visual exposure w/high volume of daily pedestrian/vehicle traffic boasts attractive frontal façade. Meticulously renovated btwn 2016-2019, this pristine 2 stry building incs 2 fully rented main level Comm. Units & 2 upper level Res. Units - Unit 1 -2 bedroom currently vacant *set your own rental rate*. Unit 2 -1 bedroom bedroom unit tenanted. Extras-4 furnaces, 4 AC’s, 4 water heaters, security cameras, 10 individual owned rear parking spots + front & rear entries. ALL viewings MUST be by appointment only!

$4,750,000

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.

UNIQUE INVESTMENT OPPORTUNITY

LAND DEVELOPMENT OPPORTUNITY

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

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

Paul McDonald

Sales Representative

Real Estate Homeward, Brokerage www.theeastside.ca | 416-432-1045

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• al pretail nit

• reshne loo topla alocatedon ni ersity and ischer allman

•1,128 – 1,632 sq ft

•$22.00 - $35.00/sq ft net

MLS

• nd strial Ser icecommercialspace

• ighdailytraffic ol me

•Drive in and drive in loading doors

•6,400 sq ft

•$14.00/sq ft net

MLS

• xcellent orth aterlooofficespace

• B ilto tofficesandair conditionedshoparea

• Signat rede elopment

• 2,035 sq ft

• $13.95/sq ft net

LEASE

• fficespacelocatedatthecornerof e erSt  and orthfield rin aterloo

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•951 – 1,181 sq ft

•$24.00/sq ft net

MLS

•Great signage opportunity

• eat res reception 5pri ateoffices 

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•1,144 sq ft

•$19.95/sq ft net

MLS

• fficespace ithexcellent isi ility

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• A ndanceofnat rallight

•821-2,319 sq ft

•$15.95-$16.95/sq ft net

• nd strialorofficespace

• ocatedatthero nda o tatSheldon r and Franklin Blvd

•4,264 – 6,349 sq ft

•$8.95-$12.95/sq ft net

MLS

373 BRIDGE STREET W, WATERLOO

851 FISCHER HALLMAN ROAD, KITCHENER

LEASE

347 WEBER STREET N, KITCHENER

LEASE

665B BELMONT AVENUE W, KITCHENER

LEASE

210 SHELDON DRIVE, CAMBRIDGE LEASE

55 ERB STREET E, WATERLOO

MLS

B2-490 DUTTON DRIVE, WATERLOO LEASE

MLS

KITCHENER/WATERLOO GUELPH & CAMBRIDGE

Should you buy or lease your commercial space?

One

THERE ARE ADVANTAGES and disadvantages to both options, and the decision requires lots of analysis and planning. Here are some things to consider with each option. Weigh them effectively to help make the best decision for the best business advantage.

When should you buy?

• If location is important to you A great location is hard to find. If you can find one that helps you grow sales through foot traffic and ease of transportation, reduces costs through proximity to key suppliers, and/or attracts and retains

employees, you may want to secure that space by purchasing it.

• If you want to build your personal wealth Commercial real estate has been a great investment for many entrepreneurs in recent years. While there are no guarantees, owning can build wealth separate from your operating company.

• If your current leasehold improvements are getting costly

If you’re investing heavily in a building to run your business, it often makes sense to buy a property. If, however,

of the trickier decisions many entrepreneurs face is choosing between buying or leasing their place of business.

the time isn’t yet right to buy, you may want to consider leasehold improvement loans to tide you over.

• If you want to be free of landlord woes If running every aspect of your business without potential limits, restrictions and rent increases is important to you, then you might want to buy a commercial space.

• If you need to free up working capital A well-financed property purchase can free up working capital by reducing your monthly outlay for rent. The difference can be used to build your business. “It’s about balancing growth with cash flow,” says Jean-Philippe Ménard, vice-president, North Shore at BDC. “We often finance those kinds of purchases because we want to make sure our clients will have enough working capital to grow.”

However...

If you decide to buy commercial real estate, be sure to pay close attention to the following:

• Rising interest rates Low interest rates have encouraged many entrepreneurs to buy in recent years, and they have enjoyed considerable market appreciation. However, “there’s a wake-up call coming” for some entrepreneurs in the form of rising interest rates, says Ménard, who works in BDC’s office in Laval, Quebec. He notes that many younger businesspeople have never experienced the rising costs that come with higher rates.

• Cash flow and stability Before you buy, make sure your company will have the resources to support this commitment in the years to come. Buying a building is a long-term investment.

• Protection and due diligence Be sure to protect yourself from problems that can come with ownership, such as hidden building defects or environmental contamination. Get a building condition inspection (BCA) and

an environmental assessment (ESA), or hire a qualified environmental consulting firm to assess the property before you purchase. Before buying, it’s equally important to get a lawyer to perform thorough due diligence on such issues as land title, zoning, outstanding taxes, liens, easements and other potential problems with the property.

• When should you lease? Here’s where it may make more sense to rent a space for your business.

• If you don’t have enough working capital Start-ups are often unable to commit a lot of capital to a building, so they will most likely opt to lease. Even if you have an established business, it may not be generating enough cash at this stage to allow you to fund both your growth and your commercial property acquisition.

• If your business needs are unstable If your company is growing rapidly or downsizing, or you’re just not sure what’s going to happen, you might be better off renting until the situation stabilizes.

• You don’t want the hassle of owning Owning a property comes with additional responsibility and potential problems. You may prefer to rent and focus on your business for the time being.

However...

If you decide to lease, be sure to pay close attention to the following:

• Option to renew While some entrepreneurs may not want to make a long-term commitment to a location, Ménard cautions that flexibility can work both ways. A landlord can refuse to renew a lease once it expires. That forces your business to relocate, with all the costs associated with doing so.

• Renovations and improvements

Be sure to find out about restrictions that could limit your ability to expand or use the space in different ways. Specifically, find out whether there are any limitations on making

changes to your space. Do you have to return the property to its original condition when you leave? Do added equipment and fixtures remain your property, or do they become the property of the owner?

• Parking Are there enough parking spaces for all tenants and their visitors? Are you guaranteed spaces?

• Signage What are your rights when it comes to signage?

• Landlord responsibilities It’s important to understand what your landlord does and doesn’t pay for before committing to a commercial lease. Specifically, pay close attention to the following:

• Common area maintenance Who is responsible for cleaning, repairs and other costs associated with common areas, such as washrooms, entrances, general reception areas and the parking lot? Who pays for snow removal, grass cutting and/or landscaping?

• Operating expenses Who pays for property taxes, insurance, utilities, security, and the repair or replacement of equipment such as heating, ventilation and air conditioning units?

Final thoughts

In the end, whether you decide to buy or lease a commercial space, remember the following:

• You’re not alone As part of your trusted team of real estate advisors, a lawyer specializing in commercial real estate should review your contract carefully with you to avoid any unpleasant surprises. CI

A well-financed property purchase can free up working capital by reducing your monthly outlay for rent.

RARE FIND!

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

4M Commercial Group is pleased to offer the opportunity to acquire a four(4) building multifamily portfolio located in Southwestern Ontario (the “Offering”, “Properties” or “Portfolio”). The portfolio totals 78 Units comprised of one(1) Bachelor, thirty-nine(39) one bedroom, thirty-six(36) two bedroom, one(1) three bedroom and one(1) four bedroom units. or f rther infor ation on financials, oor plans etc. please contact o ercial ro p.

75 ELM STREET, ST. THOMAS 41-43 ALBERT STREET, HAMILTON

30 CHATHAM STREET, BRANTFORD

586 VICTORIA STREET, KITCHENER

What is a special assessment?

BY JACQUELINE MONETA JD

Most homeowners would agree that home maintenance and unexpected repairs are a fact of life. So, why does talk of a special assessment send shock waves through a condominium?

WHAT IS A SPECIAL ASSESSMENT?

A special assessment is a demand for suite owners to pay an additional contribution to the common expenses on top of the regular monthly fees.

A reserve fund is where your portion of common expenses is deposited for major repairs of the capital assets of the corporation. When the reserve fund is insufficient to cover condominium costs, the board may levy a special assessment.

Your condo board may do this for various reasons. Often, a special assessment is used to offset unexpected expenses or shortfalls in the budget. This may be the case in a critical year, where the reserve fund is depleted due to a scheduled improvement to the building.

Alternatively, the board may have underestimated the cost of a project. Unit owners also bear the cost of litigation that results in a judgment against the condominium. If the reserve fund is depleted, the board will have to levy a special assessment to pay a judgment.

HOW MUCH DO I HAVE TO PAY?

Owners pay a special assessment, as per the declaration, in the same proportion as their common

expenses. Therefore, a smaller suite’s special assessment will be lower than the one paid by a larger suite.

If you refuse to pay the assessment, you risk the same consequences as if you neglected to pay your common expenses — it may result in a lien against the unit. A lien may affect financing, or in extreme cases, force a sale and can involve significant legal fees.

AVOIDING SPECIAL ASSESSMENTS

A. Potential buyers. New buyers are legally entitled to a status certificate. It’s important to review this carefully as it will include information about any special assessments.

It is a good idea to make your offer conditional upon a review of the status certificate. Even if you go ahead with the purchase of your unit, you may be able to negotiate a lower purchase price based on an upcoming special assessment.

B. Current owners. The best way to avoid a special assessment is to ensure that there are sufficient funds in the reserve fund.

As an owner, higher common expenses are not always a bad thing. The board needs to set fees high enough to cover its expenses. If fees are too low, a special assessment is more likely.

However, if owners believe the rationale for the special assessment is not well founded, they can requisition a meeting to force the board to discuss the issue.

While the board does not have to stop the assessment, if it was the board’s own failures that caused the assessment, then they can be voted out. In some extreme cases, owners may seek legal recourse against the board for lack of due diligence or to stop the special assessment.

C. Board of directors. If you are a board member looking to avoid special assessment, then alternative methods for raising capital should be explored.

A loan may place less financial burden on owners as it can be paid back over time. Check the bylaws to ensure the corporation can borrow funds.

Special assessments require careful consideration by boards and owners alike. But, with adequate planning and well-informed owners, condominium buildings can be maintained for years to come.CI

A special assessment is a demand for unit owners to pay an additional contribution to the common expenses on top of the regular monthly fees

AWARD WINNING ARTISAN CHEESE BUSINESS FOR SALE

• Unique Turnkey Business Opportunity!

• Award-Winning cheese manufacturing facility in Prince Edward County.

• Sits on 20 acres of land.

• Retail Outlet and Outside Dining Area

• Zoned RU.

• A farm winery is permitted due to the excess of land available to accommodate the County of Prince Edwards Zoning Regulations.

• The building includes: 2 sub-terranean aging caves, a production facility, receiving bay, and office space.

• Platinum certified under the LEED rating system.

• Approximately 5000 sqft facility.

$2,998,000

• Located in Belleville, ON.

• Circa 1830’s Design.

• Exterior area has a private apartment with separate entrance.

• 10,155 sqft.

• Lot size is approx. 1.3 acres.

• This building offers many different possibilities for future uses.

• C-2 Zoning.

• High traffic location.

For Sale: $1,950,000 For Lease: $15,000

• Prime location in the downtown core of Trenton.

• Approx. 13,000 sq/ft of finished office space available.

• Multiple individual offices, open-concept work areas, office cubicles, full lunch kitchenettes, multiple bathrooms and large boardroom.

• Zoned DC.

• Countless permitted uses.

$1,950,000

MLS# 40430758

• Seller is willing to train.

MLS® 40427570

• Well maintained home with added modern additions.

• Total Building Area is 9,313 sqft.

• Located on a prime 0.5 acre corner lot

• Building offers many different possibilities for future uses.

• R-2 Zoning.

For Sale: $950,000 For Lease: $6,000

Sale: MLS# 40385866 Lease: MLS# 40427684

VACANT LAND FOR SALE

• Future Development Opportunity!

• 36 acres of vacant land.

• 1000 ft of lot frontage.

• Located just north of Belleville and is zoned RU.

• Concept drawings available for the proposed residential site.

• This site has a potential for urban boundary expansion that will lead to a huge development opportunity!

$2,950,000

MLS# 40430470

JAMIE TROKE

BROKER OF RECORD

EKORT REALTY LTD.

Office: 613-969-9901

Cell: 613-967-7208

Email: jamie@ekortrealty.com

Website: www.ekortrealty.com

68 NORTH FRONT STREET, BELLEVILLE ON

DUNDAS STREET, TRENTON ON

87 JAMES STREET, STRILING ON

John Shewchuk Brian Shewchuk

10 YEAR LEASE AVAILABLE — CLARINGTON INVESTMENT

New industrial building 10, 680 sq.ft. single Tenant fully net 10 year lease! Excellent location next to 401, spotless — clean environmental. Paved parking, drive-in doors. 36 feet clear height. 100% air conditioned. This one is a beauty! Come look/make and offer. Asking $3,325,000

MONEY TREE BOWMANVILLE PLAZA — CLARINGTON

Choice frontage on Highway 2 in designated high growth area. 100% leased to rock solid Tenants. 7 Commercial units, 8x2 Bdrm. Apts. Separate meters, fully net long term leases, Newer roof, clean environmental and appraisal asking $6,500,000. A smart investors choice. Call for details. Ready for reasonable offers!!

STARTER-HOME & START YOUR SMALL BUSINESS!

Great chance for an affordable place of business minutes from busy and fast-growing downtown Bowmanville. Spacious lot for future parking, patio, play-area, or addition. Great spot for daycare, lawyers, accountants, health services, retail etc, zoning is very flexible! Vacant ready to move in.

BEAUTIFUL ESTATE LOTS & ACREAGE IN NEWCASTLE!

Wonderful opportunity to build or develop across a variety of parcels and up to 13 acres! Quiet, in-demand community that’s ideal for estate lots and custom homes! Clear of ENV mapping, severed into 4 lots from existing road allowances. High potential for an end-user, ambitious subdivision, or for any families looking for a lot close to town for their dream-home! Bridal path of million dollar homes.

CHOICE BUSINESS OFFICE SPACE — NEWCASTLE

One of the hottest markets in Durham area. Gorgeous space Next to Foodland, Dollar Store, Pharmacy — Gorgeous modern Building — medial and health services preferred. For lease @ $14.00 net. Remarkable deal/multiple units can be demised!!

CALLING OFFICE USERS BIG AND SMALL!

Need an office? Need a workspace? Big or small, ground floor or upper floor, from Oshawa to Clarington we have professional office space ready to suit your business needs. Special starting rate from 7.75 sq.ft. Superb value!! Call to learn more about locations and incentives available!

Five tips to manage your cash flow

– a common saying in the business

3. Finance big buys instead of draining cash

“One of the main causes of business failure is poor cash flow management,” says Susan Rohac, VP, Growth and Transition Capital at the Business Development Bank of Canada (BDC). The good news is, cash flow management can be improved with a few simple steps. “Getting control over your cash flow helps you prepare for slow periods, plan your financing and have peace of mind,” Rohac says.

Here are five steps to get a better handle on your cash flow.

1. Check your profitability

First, make sure your business is earning a reasonable profit. Even the greatest cash flow management won’t help if your fundamentals are out of whack.

Analyze each product and service separately to see whether it’s pulling its weight. Make sure your products are appropriately priced, and work to eliminate inefficiencies. Instead of just chasing sales, chase profitable sales.

Mike Whittaker’s company, Bonté Foods, learned the hard way after facing large cost overruns on two major projects.

The deli meat maker in Dieppe, New Brunswick, a suburb of

Moncton, had to act quickly to restore his cash position.

He analyzed his profitability and realized he had to raise prices to better reflect costs. Whittaker also unloaded lower-margin product lines and launched an efficiency drive while tightening cash-flow management.

The changes had a huge impact, producing higher sales and profit margins. “We learned to watch our cash very carefully,” Whittaker says. “You need to always be ahead of the curve on cash-flow management.”

2. Do a cash-flow projection

Next, prepare a cash-flow projection for the coming year. This is your early-warning system for cash-flow hiccups. Use an Excel spreadsheet or accounting software to plug in expected monthly cash inflows and outflows, including anticipated bigticket purchases.

Use the projection to anticipate slow periods and plan in advance what to do about them. “Through the year, check your actual cash position regularly—once a week or month— against your projection to see how you’re doing and deal promptly with any divergences,” says Rohac.

One of the most common cash-flow mistakes is using cash to buy a major long-term asset, instead of getting financing. Even if you feel flush right now, you may suddenly wind up short of cash if you experience a sudden revenue shortfall or rapid growth.

Use your cash-flow projection to plan your financing needs ahead of time, not in the midst of a crisis, when bankers may be wary to lend. Rohac also recommends matching the lifespan of a purchase with financing of similar duration.

4. Speed up cash inflows

Getting money into your business more quickly can save you carrying costs on your line of credit. Some tips: Send out invoices more quickly, ask customers to pay electronically and charge interest to slow-payers.

5. Raise cash quickly in a crunch

Facing an unexpected cash-flow crunch? You can raise cash quickly using various techniques: Approach your bank for help; check your inventory and assets to see what you can sell off, even at a discount; ask suppliers or your landlord for extra time to pay bills; or offer your customers a big discount to earn some quick sales. CI

Source: bdc.ca

Cash is king

world. But surprisingly, few entrepreneurs take steps to manage their cash flow so they don’t wind up with an empty bank account and nothing to pay the bills.

$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.

FORREST KENDLBACHER

416-921-1112

SOLD SOLD

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$2,549,900

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$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.

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Proposed 9 Storey 95 Residential Units And 5220 Sf Commercial

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