Commercial Investor - Ontario - September 23, 2023

Sanjiv Puri

Broker SRS ABR

Commercial Director 647. 295. 5501

Real Estate Investment Solutions

Development Land 8.85 Acres

Oakville

$13,500,000

Prime Opportunity for Builders, Investors and Developers. 8.85 Acres Corner lot opposite the future Transit HUB on 407 / Neyagava Rd. Amended official allows for multiple 12 story residential buildings with commercial/Retail, Institutional component under The Proposed Future Neyagawa Urban Core Plan

Distillery with 2 Acres Land Welland

$3,000,000

LCBO Approved Distillery with 2 brands on LCBO shelves. Product range includes 10 brands of Whiskey, Gin, Vodka, Beer and Rum. Site is approved for 10,000 sq ft building which will house the distillery and Restaurant with outdoor patio event place.

Prime Location opposite Flatwater centre.

Income Property Brantford

$1,249,900

Income property with long term leases. vendor will offer rent guarantee of $65,000 per year. All leases net and escalating.

3 tenants

4560 sq ft Leasable space

11

Well maintained 30 unit apartment building. 1 bach, 23 one bdrm, 6 two bdrm. Several recent improvements including roof, windows, doors, boilers, hot water heaters and more. One passenger elevator. Surface and podium (rear) parking. Professionally managed. Fully rented. Excellent location. Well maintained. Exclusive.

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

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

Live/Work Duplex recently renovated in AAA 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

$3,600/ 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. COM-1 zoning allowing a variety of uses.

CALL RYAN BRIGGS

CALL NEIL KOEBEL

CALL RYAN BRIGGS

CALL NEIL KOEBEL

11 BELMONT AVE W, KITCHENER

$1,595,000

BELMONT AVE W, KITCHENER

VIRTUAL TOUR

VIRTUAL TOUR

$2,498,000

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! 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.

$1,580,000

$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.

$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.

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®

MLS®

7-8, 520 Collier Macmillan Drive, Cambridge

$12.95 PSF

311 Spruce Street, Waterloo

MLS®

10 Spring Street West Waterloo

MLS®

$899,900

$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

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.

$549,900

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.

$699,900

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 nonconforming zoning, tenant vacancy, & more info regarding due diligence. Being sold “as is”. Seller does not represent zoning, septic, water, or any info regarding the property. *No interior viewing of the home until offer has been accepted due to tenant.

$950,000

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.

$1,599,000

0.33 ac Commercial/Residential property in heart of Turkey Point’s famous beach strip -exploding every summer w/tourists enjoying sand beaches directly in front of property. Incs Comm. Restaurant (currently leased until 2025 w/profitable annual income) aprx. 2000sf work area, fully equipped kitchen, takeout windows, WI cooler, 3pc bth, laundry, SS range hood, fire suppression, membrane roof. Incs 3 bedroom year round home freshly painted/redecorated in’23 (aprx.1000sf) positioned behind Restaurant. Possible VTB.

$775,000

Exceptional office building boasts a strategic location in this busy town, two spacious office areas with welcoming waiting area, a fully equipped kitchen, and a versatile meeting hall on the main level. Additionally, the basement area offers multiple rooms that can be customized to suit your unique needs. Don’t miss out on the chance to establish or expand your business in this fantastic location.

$1,800,000

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.

34.45ac rural property enjoying over 1000ft of quiet non-thru road frontage bordering Chippewa Creek. Slow winding lane carved thru lush soy bean fields leads to magical, secluded setting where a beautifully maintained 2579sf brick bungalow incs orig. 1974 section & 1997 addition. All barns/ outbuildings ftr recently painted metal roofs incs 30x60 Coverall building, 30x24 pine board garage/shop, 30x45 hip roof barn w/16’ wrap-around lean-to, conc. former feed-lot area + 30ac of fence-row free workable land. Extras-oil tank 13, AC, roof ’22, 6500g cistern, barn well & Andersen windows.

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.

$2,250,000

1045 ST. JOHNS ROAD EAST

99.83ac multi-purpose farm property located in south-east Norfolk County. Hidden gated entry provides access to a 2 storey duplexstyle century home overlooking farm fields & mature forest. 2 rustic, yet functional post & beam barns (50x28 barn, 32x74 barn w/34x18 lean-to). Expanding cash crop or dairy farmer, aprox. 55 acres of fence-row free “Beverley” clay/loam fertile soil - Vendor indicates workable acreage could easily be enlarged by 15-20 ac just by cleaning grown-in perimeter scrub/tree fences lines. Incredible multigenerational venue! Sold “AS IS” - Estate Sale.

209 CHESTNUT STREET, DUNNVILLE

2032 MAIN STREET N, JARVIS

316 MAPLE STREET, DUNNVILLE

1776 #54 HIGHWAY, CALEDONIA

$4,750,000

19 RIDOUT STREET W, TILLSONBURY

$524,900

9718 CONCESSION #1 ROAD, WEST LINCOLN

33 MAIN STREET N, WATERFORD

120 OLD HWY 3, JARVIS

103 CEDAR DRIVE, TURKEY POINT

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

deveLopment opportunity

24

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Surviving your first year

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Customer-driven demand shapes real estate in Canada

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

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

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

Residential real estate

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

has emerged, resulting in greater consumer and market risk.

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

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

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

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

Rising customer expectations influences commercial real estate

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

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

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

Proptech

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

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

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

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

Toronto: One of the top five markets in 2020

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

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

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

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

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

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

LEASE

• Zoning allows for many uses on this main floor space

• 6 on-site parking spaces

• 1,600 sq ft

• $2,950/month

LEASE

MLS

• Retail unit near Bingemans Centre Dr

• Newly updated exterior and roof

• Great street visibility, signage, and storefront

• 2,808 sq ft

• Plaza nestled nicely in the centre of student residences

• On-site parking and excellent visibility

• 1,318 sq ft

• 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

• $13.95/sq ft net

LEASE

MLS

• Walk-up retail space

• Ground floor retail space

• Includes partial basement not included in sq ft

• 2,030 sq ft

• $22.50/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

The information set out herein is for advertising purposes, with information obtained from sources deemed to be reliable. No warranty or representation is made as to its accuracy, correctness and completeness of the information, being subject to errors, omissions, conditions, prior sale/lease,

MAIN-192 KING STREET S, WATERLOO

347 WEBER STREET N, KITCHENER

27 QUEBEC STREET, GUELPH

LEASE

210 SHELDON DRIVE, CAMBRIDGE LEASE

55 ERB STREET E, WATERLOO

B2-490 DUTTON DRIVE, WATERLOO LEASE

10-465 PHILLIP STREET, WATERLOO

CANFIRST CAPITAL MANAGEMENT BREAKS GROUND AT MEADOWVALE SOUTH

State-of-the-art industrial development on 14.08 acres located in one of the world’s most travelled corridors

CanFirst Capital Management of Toronto is redeveloping 14.08-acres at 6525 Mississauga Rd., at the intersection of Erin Mills Parkway and Mississauga Road into a bestin-class 272,739-sq.-ft. industrial property.

The site was previously an office campus and is now being demolished, as the company is celebrating groundbreaking and

the onset of construction of this new state-of-the-art industrial development.

“This prime location at the Mississauga Road interchange in Meadowvale is ideal for any industry,” says CEO Alan Perez. “We offer future tenants sustainability and connectivity at a prestigious address. The site has excellent access to labour, highways, intermodals

and Pearson International Airport. Among the employee-centric amenities we offer will be the ability to walk to public transit and other transportation resources. Interest is already significant in this next-level industrial complex.”

Mississauga is Canada’s sixthlargest, and Ontario’s third-largest city, and is the most significant employment growth centre in the Greater Toronto Area (GTA). Offering quick access to major Canadian and United States markets, Mississauga is the only city in the GTA serviced by seven major highways – ideal for importing and exporting. Among

the many innovative features at Meadowvale South will be a 40-ft. clear building height, 42 dock-level doors, two grade-level doors, 50 ft. wide by 54 ft. deep bays, plus a 60-ft. staging bay. There will be parking for 226 cars, 12 of which will accommodate EV charging, as well as 37 trailer parking stalls. Occupancy is slated for fall 2024.

According to CanFirst Capital Management’s Executive VicePresident, Investments and Business Development Mark Braun, “We have assembled a first-class roster of professional associates and are delighted to offer an innovative and sustainable product with advanced energy efficiencies for reduced energy costs, building design and overall employee wellness standards.

The final product will be as attractive as it is functional.”

CanFirst is working with sustainability consultant INVIRO Engineered Systems (mechanical and electrical engineers) to make this facility LEED Gold certified and zero carbon-ready. Colliers Strategy & Consulting is the development and project manager. Ware Malcomb is the lead architect and

Group is the

construction manager. A team of engineering firms is addressing the numerous elements required in an industrial development including Counterpoint as civil/structural engineer; Gravity Engineering is structural engineer; Pinchin Ltd. are handling geotechnical and environment engineering; TMIG is the transportation engineer. Leasing is handled by CBRE. CI

Cecchini

“This prime location at the Mississauga Road interchange in Meadowvale is ideal for any industry. We offer future tenants sustainability and connectivity at a prestigious address.”

Mississauga’s Ward 11 Councillor Brad Butt (third from right) joined the CanFirst Capital Management executive team to help break ground at Meadowvale South, a 14.08-acre site, on what will become a 273,379-sq.-ft. industrial building at Mississauga Road and Erin Mills Parkway. (Right to Left) CanFirst Capital’s Raviv Israel, Senior Vice-President, Portfolio Management and Investments; Paul Braun, Chairman; Councillor Butt; CanFirst Capital’s Allan Perez, Chief Executive Officer; Mark Braun, Executive Vice-President, Investments and Business Development; Chris Caverson, Vice-President, Development.

(Photo: Dale Wilcox)

KITCHENER MLS® 40424784

MIXED USE BUILDING 3 UNITS | $975,000

MIXED USE BUILDING

Frey* x 3118

3 UNITS | $975,000

Frey* x 3118

BUILDING/0.31 AC. LAND

1,242 SF | $1,650,000

BUILDING/0.31 AC. LAND

Eric Frey* x 3118

1,242 SF | $1,650,000 Eric Frey* x 3118

KITCHENER

KITCHENER

MLS® 40402903

RETAIL CONDO

2,403 SF | $960,000

James Boudreau** x

2,403 SF | $960,000 James Boudreau** x

CAMBRIDGE MLS® 40470969

5 UNITS| $1,599,900

COMMERCIAL/RESIDENTIAL

Frey* x 3118

5 UNITS| $1,599,900

Frey* x 3118

WOOLWICH

WOOLWICH

MLS® 40373566

CAMBRIDGE

MLS®

AC. LAND

SF | $22,500,000

BUILDING/19.88 AC. LAND

REDEVELOPMENT SITE

1.210 Acres | $7,900,000

REDEVELOPMENT SITE

James Boudreau* x 3020

1.210 Acres | $7,900,000

James Boudreau* x 3020

COMMERCIAL BUILDING

4,900 SF | $975,000

COMMERCIAL BUILDING

Chad Ritzer* x3033

45,711 SF | $22,500,000 John Hoffman* x 3040

Hoffman* x 3040 MLS® 40480415 RETAIL/OFFICE BUILDING

MLS® 40480415

5,800 SF | $2,450,000

RETAIL/OFFICE BUILDING

Tobin* x 3023

5,800 SF | $2,450,000

Lester Tobin* x 3023

4,900 SF | $975,000 Chad Ritzer* x3033

WINDSOR

MLS® 40480768

RETAIL INVESTMENT

9,300 SF|$1,860,000

RETAIL INVESTMENT

Tobin* x 3023

9,300 SF|$1,860,000

Lester Tobin* x 3023

REDEVELOPMENT SITE

MLS® 40373566

2.108 Acres | $4,300,000

REDEVELOPMENT SITE

James Boudreau* x 3020

2.108 Acres | $4,300,000

James Boudreau* x 3020

OFFICE CONDO UNITS

2,500 SF | $1,150,000

OFFICE CONDO UNITS

Chad Ritzer x 3033

2,500 SF | $1,150,000

Chad Ritzer x 3033

BUSINESS FOR SALE $975,000

3020

James Boudreau* 3020

Each office is Independently Owned and Operated

Each office is Independently Owned and Operated

COMMERCIAL BUILDING

MLS® 40267992

11,679 SF | $2,500,000

James Boudreau** x3020

11,679 SF | $2,500,000

James Boudreau** x3020

REDEVELOPMENT LAND

9.53 Acres | $19,500,000

REDEVELOPMENT LAND

John Hoffman* x 3040

9.53 Acres | $19,500,000

John Hoffman* x 3040

RETAIL INVESTMENT

10,656 SF|$7,500,000

Lester Tobin* x 3023

10,656 SF|$7,500,000 Lester Tobin* x 3023

3023

BUSINESS FOR SALE $299,000

Lester Tobin* x 3023

Seven low-cost marketing strategies

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

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

1. Conduct a survey

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

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

2. Pamper your existing customers

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

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

3. Commit to online marketing

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

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

4. Use all your real estate

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

5. Work at public relations

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

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

6. Turn employees into ambassadors

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

7. Give back

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

Source: BDC.ca

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

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

206 Main Street, Parkhill Ideal for owner operator/savvy investor. Main flr can be leased for $3500/mth+TMI; 2nd flr 3 bed 2 bath residential w/living rm, kit & balcony can be leased for $1600/mth & $1300/mth each as 2 units. Just over 1/2 acre. Ample parking. Asking 699K

27 bed Community Homes for Opportunities (20 CHO) and 7 Private Pay Residents in Kitchener, Ontario. 11-15 ROI 2.4M

• 28 bed Retirement Home in SW Ont. 3.4M

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• SARNIA 8 CHO + 9 PRIVATE Excellent cash flow. Great subdivision. County subsidized. 1.25M

• SARNIA 18 RCH County Subsidized. Close to amenities & Services. 1.25M

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Wonderful opportunity to build or develop across a variety of parcels and up to 10.5 Acres! Quiet, in-demand community that’s ideal for estate lots and custom homes! Clear of ENV mapping, severed into 3 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 ream-home! Bridal path of million dollar homes.

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Great clear & clean site in Bowmanville’s down-town next to a major high density + community redevelopment site, popular nature trail, and schools! Services are at the lot line and an existing bungalow remains on site! Very hard to come-by in fill site for a number of detached lots, semis, or potential for townhouses: ideal for small builder or developer! Clarington is a fast-growing community with regular seasonal events walking distance away!

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John Shewchuk Brian Shewchuk

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Tips for small business owners Surviving your first year

“Everyone who starts a business enters with excitement and aspirations for success and while no two businesses are the same, success can be difficult to predict,” says Kim Ulmer, regional president, RBC and former vice-president, Small Business, RBC. “Many factors can contribute to the success of your business, but it’s important to understand that building a successful, profitable business takes patience, determination and focus.”

Ulmer offers some tips that can be applied to any new business, increasing its chance of success:

• Make a plan – Creating a business plan is essential to the survival of any business. It will help you identify your customers, your market, your competition and other important aspects of your business. It will also help you identify potential opportunities and obstacles that might not have occurred to you. As your business grows, it will serve as the yardstick against which you can measure your business performance and make sure you’re staying on the right track.

• Establish a support network

– Business owners tend to be independent-minded and are more inclined to solve problems on their own. However, it is important to not be shy when it comes to asking

for advice. You’ll be surprised how many people are willing to share industry information or serve as a sounding board for your ideas. Other people to consider for your professional network include suppliers, customers, accountants, lawyers and financial advisors.

• Be a student of your business

– To be successful, your business needs to stand out among the competition. Your “unique selling proposition” may be your product or service, price, selection, or any number of things. Whatever it is, you need to understand the market, and know what your competition is doing, to ensure that whatever you are offering is more appealing to your customers than anything else out there. Research online, join industry associations and most importantly, talk to your clients.

• Keep an eye on your cash flow

– Without a clear picture of your daily sales revenue and expenses, you won’t know how much your business is making. That’s why keeping an eye on your cash flow is crucial. It’s also essential for forecasting, as your predictions and planning are based on what happened today. Over time, your forecasting will become more accurate, so you can plan for fluctuations in your business due to seasonal or economic factors. It will also help you determine how much cash you need in reserve to keep you in the black through slower periods.

For more business advice at all stages, visit:rbcadvicecentre.com/ business_advice. CI

Many successful entrepreneurs can tell you that starting a business can be extremely rewarding but that it can also be stressful.

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

SkyViews

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

By Cliff Ford, Skyview Realty

By Cliff Ford, Skyview Realty

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Premium investment opportunity (6% cap rate) in the coveted Leslieville neighbourhood. This 3 Storey Commercial/residential property is comprised of 1 retail space on the main floor (Approx. 2,200 sqft) and 2 residential apartments on the second and third floors respectively. Conveniently located on Queen Street East, the location 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

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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