Commercial Investor – Ontario – August 12, 2023

DEVELOPER RENTAL GUARANTEE

VIRTUAL TOUR

$100,000+ Gross Annual Income Available Here - with more upswing available! This triplex building is located just a two minute walk to Wilfrid Laurier University, a quick walk to the vibrant amenities of Uptown and an easy walk to University of Waterloo. 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! 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.

$899,900

$56,000+ Gross Annual Income Projected Here! Welcome to 10 Spring Street West, Waterloo - a spacious duplexed property that beckons for your immediate attention! This well-maintained building is ideally located - in Uptown’s desirable MacGregor Albert Conservation District - within walking distance to all the amenities that makes Waterloo great: Waterloo Park, LRT, CIGI, Waterloo Rec Centre, both Universities, Shoppes at Waterloo Square and great restaurants and cafes. Consistent, 15 mm thick dark laminate plank ooring through out home. Some stained glass windows. Metal roof. Two electricity meters with 100 amp breaker distribution panels. ESA inspected electrical during seller’s ownership. Two gas meters. Two furnaces/air conditioners. Both units with in suite laundry! Plenty of parking with two sets of occupants able to park independently.

Waterloo – Waterloo’s Ultimate Live Work Play Learn Community

STARTING AT $489,900

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 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 stackable washer/dryer (in Building F), oversized low e argon windows, knock down texture ceilings, 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.

MLS®

$12.95

PSF 6010 SF

Out of space? This well-priced, clean, general industrial space available in the popular Collier MacMillan Business Park beckons for your immediate attention! 6010 square feet. Available at $12.95 Per Square Foot Per Annum with a reasonable CAM of just $4.50 PSF makes this location easy to call home for your existing business. Of ce space features four of ces and reception area. Note two of ce bathrooms and a shop bathroom. Note that Unit 8’s of ce and warehouse space is air conditioned. M3 zoning provides for a variety of light manufacturing, general assembly and warehousing related uses with landlord preference for warehousing/light usage. No automotive users available at this site. Of ce space ready for your nishing touches. Unit also has bonus roadside exposure to Collier MacMillan Drive. Ample parking. Available immediately.

MLS®

7-8, 520 Collier Macmillan Drive, Cambridge

10 Spring Street West Waterloo

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

MONTH

Recently renovated offi ce space in AAA location located on 2 public transit lines featuring 11 recently paved parking spaces! Main fl oor features a dedicated entrance with 3 offi ces, a shared waiting room, 2-piece bath and kitchenette at $700 per offi ce per month. Upper 2 levels feature a separate entrance with 3 offi ce areas on the first level and 3 offi ces on the upper level with a 4-piece bath at $3,600/month. COM1 zoning allowing a variety of uses.

CALL RYAN BRIGGS

ggicopoulos@gmail.com

DO YOU WANT IT SOLD?!

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 offers excellent foot traffic and with the increased density coming to the neighbourhood, offers sustainability moving into the future. For more information visit, www.theeastside.ca $2,499,900

$624,900

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 with 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.

$775,000

33 MAIN STREET N, WATERFORD

Turn-key Destination restaurant in the Heart of Waterford, a growing community known as a beautiful & scenic place to call home. Historic and bustling downtown core within walking distance. Home to parks, trails, Waterford Ponds, & new home development. Great exposure & curb appeal on Main Street, Ideal corner commercial property with ample parking. Includes all equipment & chattels. Interior has been updated, include decor, bathrooms, office, lighting & fixtures, mechanicals, & much more.

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.

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

COMPLETELY RENOVATED IN 2011 FULLY RENTED/WAITING LIST

$3,299,000 with an assumable mortgage at 3.19% for 7 years

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

22 First steps to starting a small business

24 Should you buy a business?

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SALE

• 11 one-bed, 78 two-bed, 31 three-bed and 2 penthouse (1 two-bed, 1 three-bed) units

• Tremendous upside potential on rent

• Excess land density

1061 QUEENS BLVD, KITCHENER

• Data room available

• $31,720,000

MLS

SALE

1795 & 1805 SAWMILL ROAD, CONESTOGO

• Great redevelopment opportunity

• Rezoned C-3 with site provisions

• Approx. 3.59 acres

• Partially renovated and upgraded

• $2,495,000

Christopher Coupal Broker of Record, Principal christopher@coupalmarkou.com

519-742-7000 x 101

MLS

John Markou Broker, Principal john@coupalmarkou.com

519-742-7000 x 102

CONNECT

conditions, prior sale/lease, withdrawal or other changes without notice. Coupal Markou Commercial Real Estate Inc., Brokerage

• Walk-up retail unit

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

• 1,128 – 1,632 sq ft

• $22.00 - $35.00/sq ft net

347

• Industrial/Service commercial space

• High daily traffic volume

• Drive in and drive in loading doors

• 6,400 sq ft

• $14.00/sq ft net

MLS

• Excellent North Waterloo office space

• Built out offices and air-conditioned shop area

• Signature development

• 2,035 sq ft

MLS

• $13.95/sq ft net

MLS

• Great signage opportunity

• Features: reception, 5 private offices, lunchroom, washroom, and storage room

• 1,144 sq ft

• $19.95/sq ft net

MLS

• Office space with excellent visibility

• Utilities included in additional rent

• Abundance of natural light

• 821-2,319 sq ft

• $15.95-$16.95/sq ft net

MLS

• Industrial or office space

• Located at the round about at Sheldon Dr and Franklin Blvd

• 4,264 – 6,349 sq ft

• $8.95-$12.95/sq ft net

MLS

851 FISCHER HALLMAN ROAD, KITCHENER

LEASE

WEBER STREET N, KITCHENER

LEASE

665B BELMONT AVENUE W, KITCHENER

LEASE

210 SHELDON DRIVE, CAMBRIDGE LEASE

55 ERB STREET E, WATERLOO LEASE

B2-490 DUTTON DRIVE, WATERLOO LEASE

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

Six steps for a winning market-entry strategy

Carl Gravel, director, International Expansion at BDC says a market entry strategy is a key tool for clarifying what you aim to achieve, how you’re going to achieve it, and will provide you with a road map for your whole business when you enter a new market.

A typical market entry strategy, he says, can take six to 18 months to implement. That timeline is well worth the effort as it will make sure you have the best distribution channels in place, that you are launching the right product and that your goals align with those of your stakeholders.

Here are six steps you can follow to build a winning market-entry strategy and start exporting into previously unknown territory.

Set clear goals

Be specific about what you want to achieve in your new market, including the level of sales you can expect to reach. Keep referring to these goals as you flesh out your strategy to help you stay on track and confirm that your opportunity, products/services and overall business goals are aligned.

Research your market

Use every means at your disposal to get to know your new market, including going there in person. Gravel suggests attending trade shows as a participant or exhibitor to meet people, learn about the competition and make business contacts in the area.

When getting to know your market, it’s important that you learn

about it in every dimension – not just business-wise but also socially, culturally and politically. If you’re entering a region with a different language or cultural norms than Canada, think about how you’ll communicate with key contacts. Explore all the rules that could affect your product and how you produce and deliver it. You’ll also need to understand your labelling requirements to ensure your packaging complies with local regulations. Learn about different distribution channels, too. At this stage, says Gravel, it’s advisable to seek information and counsel from embassies, consulates and industry associations.

Study the competition

A detailed competitive analysis based on your research and visits to the target market will help you make key decisions; for example, if you need to modify your product or service to customize it for that market.

Gravel says most businesses underestimate the degree of competition existing in new markets. Getting expert advice from a consultant can help clarify the challenges.

Choose your mode of entry

There are many ways to enter a new market. You can use the services of a distributor or agent located there. You might become a franchisee or acquire an existing business. You can even construct an entirely new brickand-mortar facility.

Gravel says in his experience, a lot of companies start by going into the U.S. first, and most choose to partner with an existing distributor. If you choose that path, make sure your strategy includes a unique value proposition for the distributor. Your partner will want to understand what’s in it for them, and how your product or service is different enough to stand out in the marketplace, but not so different that buyers won’t understand what it is.

Figure out your financing needs

Find out if you’ll need to get any financing to support your export venture. You may also want to get insurance that protects your company against losses when a customer cannot pay. EDC offers credit insurance that can help you avoid cash flow issues when an international customer fails to pay.

Develop the strategy document

Once you’ve worked out the details of your strategy, you’ll be ready to write it out. Once created, this document will be your blueprint going forward, detailing your goals, research findings, contacts, budgets, major action items and timelines, and how you’ll monitor and evaluate your success on an ongoing basis.

“Be as structured as possible,” says Gravel. “Once you have a plan, it is easier to follow the action items and not be overwhelmed.”

He also advises having your accountant, lawyer and an external specialist review your strategy. You want to ensure you haven’t missed something that will prevent you from entering the market or require you to pull back after you get there. CI

You have your eye on a new market. You’re certain your products or services are a perfect fit. But to get there, you’ll first need to develop a strategy.

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. For further information on financials, floor plans etc. please contact 4M Commercial Group.

ELM STREET, ST. THOMAS

ALBERT STREET, HAMILTON 30 CHATHAM STREET, BRANTFORD 586 VICTORIA STREET, KITCHENER

Make the most of your Windows

BY SARA BEDERMAN

you’ve got great windows, rooms appear larger – which bodes well for compact spaces. A window or two completely transforms even a small room. Windows these days come in a wide variety of shapes, sizes and designs. Here are some things to think about to highlight your windows.

In fact, when you ask people what they want most in a home, “windows” and “views” will often top the list. It’s easy to understand why. Let’s start

with the obvious. Naturally lit spaces are more functional and “warmer.” Everything looks more vibrant and alive in the light of day. When

Finishing touches

Think of the window trim as the frame containing a beautiful piece

Wonderful windows! Is there anything more welcome in a room? From a designer’s perspective, I doubt it. Windows become the natural focal point of any given space, as the source of light and views.

of art. You want something that will complement the view, but also be a feature piece on its own merit. A contemporary trend is painting the trim work in a dark shade of grey or black, as an alternative to the traditional white baseboards, window and door frames. Also, consider your window dressings. Are you leaning toward contemporary shutters or blinds, or a classic curtain? When shopping, consider which type of window covering will best meet your needs for privacy, which will vary depending on whether this is a public versus a private space, like a bedroom or bathroom. Work with a knowledgeable company like Fieldstone Windows & Doors that can educate you on which materials for your window replacements are best to use; fibreglass, aluminum or wood.

Size and shape

As they say, go big or go home. If you’re adding windows, make them as large as allowed by the building code. Alternately, window walls have been trending for some time. This is a great way to maximize your views and natural light, and offer direct access to the outdoors. Ostaco Windows & Doors (ostaco.com) has a wide range of selections to choose from, to suit your home’s existing aesthetic – or to give it a whole new one.

Art and inspiration

If you’re graced with a fabulous view, why not make it something to be seen? Rather than hanging paintings or wall art that will compete with your windows, let the views do all the talking. You

can take cues from those views to make a cohesive, harmonious decor statement. This can mean a marine-inspired colour palette, organic, “woodsy” textures, or an “urban-chic” aesthetic. CI

Sara Bederman, principal designer for Sara Bederman Design. The firm provides residential design services for projects of all sizes. sarabederman.com

GOLF 27

GOLF 18

As they say, go big or go home. If you’re adding windows, make them as large as allowed by the building code.

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

• Seller is willing to train.

• 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# X6567069 Lease: MLS# X6568336

VACANT LAND FOR SALE

• 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.

69-71 DUNDAS STREET, TRENTON ON $1,950,000

• Countless permitted uses.

JAMIE

TROKE

BROKER OF RECORD

EKORT REALTY LTD.

Office: 613-969-9901

Cell: 613-967-7208

Email: jamie@ekortrealty.com

Website: www.ekortrealty.com

• 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® X6568331

68 NORTH FRONT STREET, BELLEVILLE ON

MLS# X6568272

MLS# X6337330

87 JAMES STREET, STRILING ON

X6567069

First steps to starting a small business

BY GEORGE GRIGNANO AND WILL TOWNSEND

– Consider bootstrapping, a way of starting a business without external finance. This method is more strategic and focuses on creating cash flow, minimizing expenses and reinvesting profits.

The familiar characteristics of a successful entrepreneur include:

Optimism – Entrepreneurs focus on solutions, not problems.

Passion – The quality that fuels their business and their personal lives.

Persistence – Entrepreneurs keep going in times of adversity and stay focused on the end goal.

Flexibility – The ability to adapt to a changing environment.

Education – Not formal education but a desire to learn and a drive to improve.

Focus – Entrepreneurs focus on the big vision and recognize that short-term wins, although important, must add to long-term success.

Generating a business idea

The next step is to identify a gap in the market that your product or service will exploit. This is easier said than done and can be the toughest part of setting up your own business. To do this, ask yourself these questions: What services or products are missing from the market? Could you invent a new product? What do you dislike about existing products and services? Could you improve them?

Using your own life experiences to inspire your ideas can help you spot business opportunities. This will also make you passionate about your product as you will be able to see and sell the benefits. Remember, passion is one of the key characteristics of a successful entrepreneur.

Turning your idea into a strategic plan

Studies show that a significant amount of new businesses with no business plan fail within the first two years. Your business plan reflects how you see your business developing and maps out how you intend to drive your business forward. It should set out your product, your intended market, and your key financial targets such as projected sales and profits.

Financing

Your plan should also show the seed capital you need to start up and your day-to-day working capital requirement. It is vital that your assumptions and estimates are accurate and reasonable. Do this and you will be able to foresee any problems and resolve them before they happen. A robust business plan allows you and potential investors to see how your business may perform in the future.

Here are some ways for you to finance your business:

– Investigate any government support such as grants or loans.

– Borrow money from a bank or other lender.

– Ask for help from friends or family.

– Look at equity financing, where you raise money from external investors in return for a share of your business. These investors will usually be venture capital firms or business angels.

Structuring

How you structure your business will depend on what it is, how you finance it, and your long-term business goals. It will likely be a sole proprietor, partnership, franchise or corporation.

Before deciding on the structure, answer these questions:

~ Is it important that you limit your personal liability?

~ Does your business need to meet any regulatory requirements that may have a bearing on your business structure?

~ How important are ease and set-up costs? One structure may be easier, quicker and cheaper than another.

~ Do you have an exit plan? If so, consider how the structure choices impact on your plan.

The tax and accounting requirements you have to meet will depend on where you operate. Also depending on where you operate, there may be government tax incentives, so be sure to investigate this. Wherever you are and whatever your business, choosing how to structure your business is an important decision. It is worth seeking professional tax and accounting advice to help you make the right choice.

Becoming a successful entrepreneur isn’t easy. If you have the right entrepreneurial characteristics, the right idea and structure your business the right way, you’ll stand a good chance of succeeding. CI

The right attributes, a good idea, a plan to make it work and a way to finance your business are all ingredients in the recipe for success. Here are some considerations:

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John Shewchuk Brian Shewchuk

Should you buy a business?

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.

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

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

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

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.

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.

$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 office, and residential apts. Features 88x187 foot lot and inground swimming pool, 3 four-piece and one two-piece bath. All for $599,000.

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.

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