97 acre property located minutes from Waterloo, just outside St. Clements. Solid pine 3 bed 3 bath log home with geothermal heating and cooling system and lower level in-law apartment with separate entrance. Pristine 10 stall barn, private riding arena and ample opportunity for outdoor boarding. The property features approx. 45 acres of farmland with an additional 50 acres of forest comprised of mostly maple trees complete with walking/horseback riding trails. Amazing opportunity! MLS
$2,400,000
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.
$1,900,000
of Commercial Land available for sale. Located on the North side of Victoria Street North between Lancaster Street West and Conestoga Expressway. High traffic 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
$5,995,000
$1,299,000
103 CEDAR DRIVE, TURKEY POINT
fully equipped kitchen, takeout windows, WI cooler, 3pc bth, laundry, SS range hood, fire suppression, membrane roof, equipment-Sch D. Incs 2 bedroom year round home freshly painted/redecorated in’23 behind Restaurant incs new deck’23, luxury vinyl flooring’23, Fibre Internet & recently painted exterior.
5363 AIRPORT ROAD, MOUNT HOPE
RARE 194ac parcel of land w/ frontage on Airport Rd & White Church Rd. Incs 2 dwellings, 5048sf building, 4991sf barn & 175ac workable/tiled land (rented yr/yr @ $129 p/ac). Dwelling#1 (2473sf) offers 3 bedrms/2 baths, ins/htd garage addition - Dwelling#2 (1226sf) ftrs 2 bedrms/2baths. Both houses inc roofs’13, water purification’20, sep. wells/septic & 100 amp. Located in general area where proposed future Red Hill to White Church Rd/Airport & Glover Rd expansion may occur - pipeline ROW dissects property-potential severance. By appointment only.
Incredible Investment Opportunity - sit. on 0.44ac prime corner lot enjoying unobstructed westerly views of Grand River. Incs 5226sf garage ftrs 2685sf office space, 2685sf shop space, walk/drive-out basement & 1 bathroom. Serviced w/n/g unit heater, 200 amp hydro & municipal water/sewers. Property can ONLY BE PURCHASED w/same Buyer purchasing 3 Cayuga St & 0 Ouse St. (TOTAL list price of 3 properties is $1,300,000) Sold “AS IS-WHERE IS”. Offers presented at 5pm May 28/24 39 TALBOT
1289
0.41ac parcel of vacant land offering 130.50ft of frontage on Cayuga St. S. located in heart of Cayuga -near schools, downtown shops/eateries, Grand River parks & boat launch. Property can ONLY BE PURCHASED w/same Buyer purchasing 0 Ouse Street, Cayuga & 39 Cayuga Street, Cayuga. TOTAL list price of 3 properties is $1,300,000. Rare opportunity to own almost 1 acre (total
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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UNDER CONTRACT
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UNDER CONTRACT
45 Mutual Street Toronto
to be transformed into a hotel
Fusioncorp Developments Inc. of Toronto has been awarded a construction management contract valued at $8 million to convert and expand a fivestorey residential site at 45 Mutual St. in Toronto from a residence/commercial building to a hotel.
Called Hotel Beebop, the expansion will add four new levels (48 units with a gross floor area of 18,582 sq. ft.) atop the existing structure, with a similar floorplate.
As the construction manager, Fusioncorp will work with the
developer Castl Inc. and onespace unlimited inc. (architecture and interior design) to create the modern exterior and spacious interiors.
“We are intrigued by this project,” says Nick Ainis, co-founder and
CEO of Fusioncorp Developments. “We have many successful building conversions and expansions in our portfolio and a hotel in the downtown Toronto core is a welcome addition. The address is ranked a walker’s, rider’s and biker’s paradise on walkscore.com, which is ideal for hotel guests. This conversion poses some challenges, including construction access in such a busy area. We’re looking forward to getting underway.”
Construction is slated to begin later this year. Projected completion date is Spring 2026. CI
Development: twenty (20) storey residential apartment building, with underground and structured parking. A total of 223 units (261 beds) are proposed, together with 193 vehicular parking spaces and 165 bicycle parking spaces.
KITCHENER | RETAIL
#8-825 WEBER ST. E. 693 SF | $1,900/Month
James Boudreau** x 3020
KITCHENER | RETAIL
4411 KING STREET E.
875-3,361 SF | $32.00/SF
Chad Ritzer* x 3033
#3B-355 ERB STREET W. 1,000 SF | $32.00/SF
Lester Tobin* x 3023
KITCHENER | OFFICE
7 DUKE STREET W.
819-1,302 SF|FRM $12.00/SF
James Boudreau** x 3020
#A1-650 RIVERBEND DR. 1,625 SF | $318.00/SF
Lester Tobin* x 3023
WATERLOO | OFFICE
WATERLOO | OFFICE
KITCHENER | RETAIL
#4B-4391 KING ST E. 1,550 SF | $30.00/SF
14 ERB STREET W. 500-2,500 SF | FRM $1,688/Mo
Eric Frey* x 3118
KITCHENER | IND.
99 NORTHFIELD DR. E. 732 SF | $11.95/SF
Chad Ritzer* x 3033
#C-45 OTONABEE DRIVE
9,350 SF | $11.95/SF
Chad Ritzer* x 3033
Chad Ritzer* x 3033
CAMBRIDGE | OFFICE
34 WATER STREET N.
5,204 SF | $14.00/SF
Lester Tobin* x 3023 WOODSTOCK | IND.
James Boudreau** x 3020
901 PATTULLO AVE 12,804 SF | $15.00/SF
Eric Frey* x3118
Each office is Independently Owned and Operated
BRIGHT | IND.
907168 TOWNSHIP RD 4,726-7,158 SF | $10/SF
Lester Tobin* x3023
Make the most of your Windows
BY SARA BEDERMAN
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.
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
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.
Finishing touches
Think of the window trim as the frame containing a beautiful piece
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
As they say, go big or go home. If you’re adding windows, make them as large as allowed by the building code.
• Discover the location for your next business venture in the heart of Wellington, Prince Edward County
• Approx. 2-acre of commercial vacant land
• Zoned CH-12 (Highway Commercial) The properties permitted uses include a hotel, motor vehicle dealership, garden and nursery sales establishment, etc.
• With additional zoning special provisions, this property permits the development of a commercial plaza up to 14,000 sqft, with uses permitting a convenience store, restaurant, or medical clinic
• The property is situated in a high-traffic area with excellent road access and prime visibility, ensuring maximum exposure and convenience for customers and clients
• This is an excellent opportunity to secure a prime commercial site in one of Ontario’s most desirable locations
$1,798,000
• Two incredible opportunities
• Ready Mix Site for aggregate and concrete located at 1780 Burnbrae Road as well as a Class B Licensed Gravel Pit on Bannon Road
• Extractive Industrial (M2) zoning which is the best permitted uses of Open Storage, Sand and Gravel Pit, Portable Processing Plant, Public Use, Quarry, Waysite Pit, or Sand Gravel and Rock Stock Pilling Operation
• Burnbrae’s Parcel A offering 11.26 Acres and Parcel B offering 14.37 Acres
• Bannon’s property offering almost 61 Acres
• Zoned and licensed for concrete batching with an active license in place for ready mix association.
$2,800,000
MLS# X9160535 /X9160533/X9160531 MLS# X8385214
VINEYARD FOR SALE IN PRINCE EDWARD COUNTY
• Located in Wellington, Prince Edward County
• This 17-acre vineyard supplies grapes to a local winery
• Features 146 rows of 8 ft highdensity vines
• Grape types includ 6.58ac Pinot Noir, 3.52ac Chardonnay, 2.88ac Pinot Gris, and 1ac Melon de Bourgogne
• Planted in Hillier clay loam soil
• Zoned RU-1
• Potential uses include bed-andbreakfast, or designing your own single detached dwelling
$1,595,000
• Located on the Millennium Trail in PEC MLS# X8397154
• Opportunity is knocking!
• This 1/2 acre corner lot
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• Located in Downtown Belleville
• Multi-use building
• 3 commercial spaces
• 11 residential units with 8 bachelors, 1 two-bedroom, and 2 one-bedroom units
• 2 finished and occupied commercial spaces
• One 2161 sqft
and public transportation
X8483146
• 9,313 sq ft Victorian style building
• Located in Stirling, Ontario
• Possible rezoning for residential multi-residential building, retirement community, or a nursing home with potential to expand for more beds
• With rezoning, a new owner could open a dental office, medical centre, or professional office spaces
• Notable features such as the electrical fireplace, fire alarms, security system, sound system, service lift, solid concrete floors, open areas for possible meetings or larger service gatherings, and large parking area
• Renovations include: all new electrical, plumbing, drywall, and insulation
• New 3-ton HVAC system (2021), new rubber membrane roof, new shingles, and new furnace (2021) were also installed
87 JAMES STREET, STIRLING ON $798,000
613-969-9901
35.5 acres of vacant land Prince Edward County (Demorestville)
• 660 feet of frontage on both Black Road and County Road 14
• Zoned RU-2
• This property allows a range of uses, from single detached dwellings and home businesses to private home daycares
• Non-residential options include agriculture, farming, or conservation area
• Existing use is Q-Logic Water Solutions operational yard and maintenance building, which includes Trailer Park Model Home on site
• Business and equipment are not included in price but are also available for sale
613-967-7208 Email: jamie@ekortrealty.com
Enhance your income property
One in five Canadians rent their property for shortterm tenants or are considering doing so in the future. Designer Jo Alcorn provides tips on how to make your investment property stand out above the rest.
ADD PERSONALITY
Include a little individualized charm. It doesn’t need to be overly extravagant. Try including your favourite scented candle or a cozy throw.
CREATE AN INVITING SPACE
With short-term rentals, most people look for the comforts of a real home and not a sterile hotel room. Create an inviting space with accent pillows, styled shelves and artwork. All of this can be done on a budget and with non-breakable items. Make sure things are easily
washable so you can keep things feeling fresh between guests!
MINIMAL LOOK, MAXIMUM RETURN
As much as you want to make the space feel homey, you want to keep the space simple and (Netflix organizer) Marie Kondo approved! This way your home always looks put together.
KEEPIN’ IT FRESH
Make your home stand out from the rest by keeping things fresh. Little touches like flowers or small plants
that require minimal maintenance, and fresh white linens and towels give that hotel clean feeling but with the comfort of home. It also looks great on camera when you’re staging the space.
LIGHTS, CAMERA, ACTION
A picture is worth a thousand words when it comes to short-term rentals. Since it’s the first thing a potential customer looks at, the quality of the photos is as important as the staging. Photos that showcase natural lighting, your design personality and cleanliness, along with ensuring they are high enough resolution, are keys to coming out on top.
HOOK PEOPLE WITH WORDS
The description you create is as important as the photos. The description allows you to bring your space to life in a way photos cannot.
And make sure your photos match your description; don’t talk about the spacious bedroom on the second floor if you don’t have accompanying imagery.
PROTECT YOUR HOME
The time and effort you put into creating a welcoming space goes a long way, but as a short-term rental host, you want to make sure you protect your home. Unless your policy clearly states that short-term rental activity is permitted, you may not be covered for short-term rental related losses. That’s where Duuo comes in – an on-demand, episodic insurance service designed to protect shortterm rental hosts and their homes. With Duuo, you pay only for the days you want coverage, so you can rent securely and relax. Learn more at duuo.ca. CI
Courtice/Clarington 4 AC site, 100% fully fenced clear compacted yard/site. Full services available superb access next to GO station site/401/418/407, Clarington Energy Park, Ontario Power Generation Darlington Nuclear. Buyer can assume existing tenant income or obtain vacant possession 3 seperate properties being sold as one development site. DROP DEAD DEAL $4 millon.
NEW CLARINGTON INDUSTRIAL SPACE FOR SALE 16K SQFT REMAINING. BOWMANVILLE
Approx 16k SQFT remaining for sale. Incentives & custom fit-out negotiable. Designs completing for Phase II 65000 SQFT self-storage facility also for sale. Est delivery date Q4 2024: over 30 ft ceiling height w/ shipping door planned.
CALL FOR PRICING & INCENTIVES
UP TO 15,000 SQFT INDUSTRIAL W/ DRIVE IN DOORBOWMANVILLE
Rarely offered large-size industrial space with loading door in Bowmanville. Flexible M2 zoning, newly finished office & mezzanine + 16ft clear height. Ideal for manufacturing, potential for automotive, warehousing, workshop and more. Great access to HWY 401 nearby, and competitive rental rates.
$12.00 PSF NET + $5.00 TMI
HOME & BUSINESS BUILDING LOT IN PICKERING
Nearly ½ an acre on busy Brock Road ideal for home or business. Great location neighbouring major plaza + high density development. Zoning supports detached house, animal hospital, and more. Owner open to possible VTB for qualified Buyer.
NEW LOW PRICE $999,999
AAA NEWCASTLE COMMERCIAL SPACE. NEWCASTLE
Busy anchored Plaza hosting national tenants with abundant surface parking and signage. Great opportunity for office, retail, or commercial users to find large or small clean & professional space for their business. Units on ground level and second level available. Up to 10000 SQFT for lease!
CALL FOR DETAILS
HIGHWAY 2 BOWMANVILLE CLARINGTON - WOW!
Approx. 12,000 SQ FT prime commercial premises for lease @ 12.00 per SQ FT, huge frontage + parking! Close to major anchors and excellent signage ideal for furniture, and discounters, flooring + carpet, recreational users/training facility, gym, you name it!! Large show room? Retail? Distribution? Outstanding location and prixe! Don’t wait around call today.
TURN-KEY AWARD WINNING RESTAURANT & BRAND W/ BLDING. OSHAWA
Great opportunity to start in restaurant business. Well established and profitable restaurant in downtown Oshawa walking distance from multiple high density sites. Strong brand with many awards: excellent food and recipies. Building in good shape with recent upgrades.
Re-igniting your financial goals
Money is a key stressor for most Canadians. They know it’s a problem but are reluctant or unable to break their bad financial habits. “The fact is, financial ignorance is not bliss,” says Gregory Brown, former associate manager with the Desjardins Financial Security Independent Network in Surrey, British Columbia.
Why do you think people avoid financial planning?
Many Canadians believe the Canada Pension Plan and Medicare will be able to support them during retirement. But these safety nets will become depleted as the number of retirees continues to increase over the next 20 years. We’re told to save for retirement, but most people are unable to picture what retirement
looks like. If you can’t picture it, how can you prepare for it? So, you just don’t and avoid it altogether.
How do you overcome the fear?
First of all, take ownership for your past financial behaviours and your future financial goals. Be honest with yourself and know that anything is possible with a plan. Next, write
down your short- and long-term personal and financial priorities. Your financial goals will support your personal goals, so the two should be aligned.
Once we have our plan, what’s next?
It’s important to make time for regular financial discussions with your partner and some key family members. It’s also a good idea to work with a financial advisor who can facilitate the conversation and provide professional and unbiased objectivity. It’s never too late to make financial adjustments even if they appear out of control. It just means that you have to get organized, ask for help and start making informed choices. CI
News Canada
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
SkyViews Your Price for ‘Upside’
SkyViews Your Price for ‘Upside’
Finding Value in the Grey Areas
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.
Summa Property Management professionally manages Commercial, Condominium, and Residential Multi-Unit Properties
We ensure that your property receives personal, hands-on, and professional management attention. As a real estate investor, you can rely on our expertise and commitment to service. That affords you the ability to spend your valuable time pursuing your own interests. You can be comfortable in the knowledge that the problems and issues of property management are receiving prompt attention and action.
Our in-house accounting department utilizes professional accounting software to produce monthly financial statements to suit your needs, administration for letters and memos to tenants, and additional managers to service your units as needed.
If you are looking for a motivated, professional organization that understands the real estate management business, Summa Property Management is your first choice!
Condominium Rental Management
This service is offered to those who own one or more individual condominium units not occupied by the owner on a full-time basis, and who require personal property management.
We offer rental services which include placing advertising, receiving calls, host showings, processing applications, completing necessary references, background and credit checks, preparing the lease and receiving the rent payments.
Condominium Rental Services
• Hands-on personal property management service
• Effective leasing programs driven by innovative advertising and marketing
• Rental & maintenance fee collection and deposits
• Regular property inspections
• Supervise maintenance as needed
• Monthly and annual financial statements and reporting
• Rent roll and unpaid reporting
• Management reports
• Approval and payment of all invoices
• Recommendations for property renovations and upgrades
• 24/7 response to emergencies
Ryan Stone, OLCM, CPM®, ARM, ACOM
T: 647.341.7990 www.summapm.com
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.
