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November 18–December 30, 2023 Volume 23 | Issue 12
Full Coverage Area Including: London • Kitchener • Niagara Falls • Hamilton • Toronto • Ottawa FOR SALE - 2 APARTMENT BUILDINGS - SW ONT
For Sale: 2 High rise Apartment Buildings 1 Building is brand new and is recently being rented and is 49 suites. The second building is identical and is across the street for a total of 98 suites. The 2 buildings are located in SW Ontario. Exclusive Listing. For income and expense proforma contact: WINSTON DAVIES, BROKER OF RECORD WINCORP REALTY INC. REAL ESTATE BROKERAGE GUELPH, ON TEL: 519-836-2080 EMAIL: wjmdavies@rogers.com
PRIVATE SALE $430K AND
NOW ONLY $259K MUSKOKA/PERRY PROPERTY FOR SALE 10 MIN NORTH OF HUNTSVILLE
22 USES:
LODGE, ART, MEDICAL, NURSING, RETIRE, ETC.
Email/text for details -
troman12@gmail.com | 416.587.7496
THE REAL A-TEAM ESTATE YOUR COMMERCIAL CONNECTION WISHES TO THANK IT’S PATRONS FOR THEIR BUSINESS
2023
WE ALL PRAY FOR WORLD PEACE
WISHING YOU AND YOURS A HAPPY HOLIDAY SEASON
AIREY LOVE WINS! BOB 416.705.7507 BOBAIREY@ROYALLEPAGE.CA
ICIWorld.com
ADD YOUR HAVES AND WANTS FREE FSBO
BROKER WEBSITES ADD IDX OF APARTMENT BUILDINGS, SHOPPING CENTRES, INDUSTRIAL, DEVELOPMENT LAND AND MORE
40,000 LISTINGS 75% EXCLUSIVE 416-214-4875
SEARCH DAILY NETWORKING OVER $1 BILLION OF SALES
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
WANTED FOR QUALIFIED BUYERS:
1. 3500-5000 sq ft Peel region for Doctors office/Pharmacy 2. 3500-5000 sq ft Peel Region for Restaurant 3. Used Car Dealership in GTA with Property
4. Dental Clinic existing or preconstruction in Peel/Halton Region 5. Physiotherapy Clinic with/without property
info@sanjivpuri.ca • sanjivpuri.ca 2
$5,200,000
103 EMERALD STREET SOUTH, HAMILTON
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.
CALL NEIL KOEBEL
$2,200,000
51 WOODLAWN RD W, GUELPH
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
$1,900,000
480 VICTORIA STREET NORTH, KITCHENER
UND
E
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 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 located at the street. MLS
T TRAC N O RC
CALL NEIL KOEBEL
$1,595,000
11 BELMONT AVE W, KITCHENER
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
$559,900
101 GOLDEN EAGLE ROAD, WATERLOO
Attention investors! Assignment sale of brandnew unit in North Waterloo. 583 sqft 1 bed + DEN 3rd floor unit with balcony and one surface parking space in The Jake Condos. Stylish upgrades with modern features and finishes. Amazing location in Lakeshore North Waterloo, centrally located steps away from all amenities.
CALL RYAN BRIGGS
KITCHENER, ONTARIO
519.578.0337
NEIL KOEBEL
RYAN BRIGGS
Broker of Record
Sales Representative
CELL: 519.741.6594
CELL: 519.498.5775
Neil@cmarealty.ca
Ryan@cmarealty.ca 3
Industrial Specialists Let us show you what our clients have been enjoying and you’ve been missing.
1.800.914.7510 spearheadpm.com | info@spearheadpm.com
FOR SALE
40% SOLD!!!
LEASIDE COMMERCIAL LOFTS
THESE TYPE OF UNITS NEVER LAST
UNITS STARTING FROM $549,000 JOHN ROBB Sales Representative Vice President Commercial Division j.robb@bosleyrealestate.com
416-440-0056
• • • • •
36 EMPLOYMENT ZONED CONDO UNITS EVERY UNIT HAS A LOADING DOOR 1,300 SQ.FT. AND UP, FROM $410/SQ.FT. 2023 Q4 OCCUPANCY WALK TO LEASIDE RETAIL AMENITIES AND LAIRD/EGLINTON LRT STOP
•
SUITS: OFFICE, WAREHOUSING, CONTRACTORS, LIGHT MANUFACTURING, SERVICES.
• • • • •
OPEN CEILINGS LARGE WINDOWS 2 PIECE ROUGHED-IN ALL UNITS HAVE SHIPPING DOOR ACCESS 60 AMP 120/208 VOLTS ELECTRICAL SERVICE COMMON GARBAGE AREA, PRIVATE PICK-UP LOW COST CONDOMINIUM MANAGEMENT
• •
103 Vanderhoof Avenue Toronto, Ontario M4G 2H5 BOSLEY REAL ESTATE LTD., BROKERAGE RESPECTS THE CONTRACTS OF ITS COMPETITORS.
4
www.teammilovick.com
519-747-2040
Wolle Realty
BROKERAGE INDEPENDENTLY OWNED AND OPERATED
7A-180 Northfield Dr W Waterloo, ON N2L 0C7 | Fax: 519-747-2081
Mike Milovick B.B.A., CCIM, Broker mike@teammilovick.com
Jennifer Shingler
www.TeamMilovick.com
Sales Representative jenn@teammilovick.com
Invest in Ontario’s Number 1 Town Today!
Subscribe: Latest KWC Real Estate News: www.FaceBook.com/TeamMilovick 172 Regina Street North, Waterloo
BROCHURE
195 Erb Street West, Waterloo
$4,800,000
$318,900+ Effective Gross Annual Income Available Here! Modern, Purpose Built Eightplex steps to WLU’s Science Building and Athletic Building! Throw a football and hit campus from here! Prime Prime Prime Location. Written leases. Exceptionally well-maintained, owner-managed rental operation. Separate electric and gas meters. Two full bathrooms per unit. In-suite laundry. Large common areas. All tenants on written lease. This is a Cash flow positive opportunity based on contemporary financing. Nothing to do here but collect good rents – with a further opportunity to increase income even more on re-rental! This is ideal for the veteran rental housing service provider that takes great comfort in operating buildings that are in extreme proximity to campus. Owned/enjoyed by same investment group for MLS® last seven years.
110-116 Erb Street West, Waterloo
BROCHURE
$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 infill 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 floor and a residential unit above. This building could be ideal as live-work space - in a very convenient, very high-profile area. 110-114 Erb presents as a triplex and was previously rental licensed. MLS®
BROCHURE
7 Elgin Street, Waterloo
BROCHURE
$3,700,000
Nearly $240,000 Effective Gross Income Available Here! With opportunity to increase rents by additional 20% in next rental season. This modern sixplex apartment building features spacious units with oversized bedrooms, and massive common areas. Two full bathrooms per unit with in-suite laundry. This opportunity is owner built and owner managed - and it shows. Very clean, professional, organized, turn key operation. Individual meters for electricity and gas. Ample parking with most of the spots covered. Great central location with close proximity to University of Waterloo, Uptown Waterloo, Waterloo Park and TNT Grocery Store. Rental-licensed exempt building! Investor work sheet with full financials applied to contemporary financing available! Solid investment opportunity in one of the PerenMLS® nially Best Towns in Ontario to Invest In! Prepare to be impressed.
311 Spruce Street, Waterloo
$2,400,000
$164,400 Effective Gross Annual Income Available Here! Invest in a Rare and Profitable Fourplex Near All of Waterloo’s Post-secondary institutions. This is your chance to own a purpose-built, fourplex apartment building in a prime location. It’s just steps away from Wilfrid Laurier University and Uptown Waterloo and a short walk to Conestoga College and University of Waterloo. You’ll never have trouble finding tenants for these spacious and modern units. Each one features five bedrooms, two full bathrooms, and a large open concept kitchen-living room as well as in-suite laundry. Note handicap access, controlled entry and individual electrical and gas meters. Each unit has its own high efficiency furnace and air conditioner for optimal comfort. This is a quality-built, turn-key rental operation that is exempt from rental licensing. MLS®
BROCHURE
$1,480,000
Nearly $112,000 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. MLS®
View Brochures Online at www.thecommercialinvestor.ca
$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 duplex-style 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 multi-generational venue! Sold “AS IS” - Estate Sale.
$1,695,000
9718 CONCESSION #1 ROAD, WEST LINCOLN 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.
$699,900
$499,900
$1,599,000
103 CEDAR DRIVE, TURKEY POINT 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.
$950,000
316 MAPLE STREET, DUNNVILLE 6 unit, 5647sf double brick “Dunnville Icon”-incs 2 Comm. Units & 4 Res. Units. Enjoys corner frontage on Maple & Alder St near downtown, schools & parks. Originally constructed as church in 1870-retrofitted in 1910 bordering neighboring parking lot. 2 Comm. units offer large retail space, 11’ ceilings, plank flooring, n/g furnace & 1 bath (shared by 2 units). 865sf unfin. unit ftrs swing doors- minimal cost to renovate into extra rental unit. Incs 1 MF 2 bedrm unit & 3 UL units (all 2 bedrms). All units rented generating aprx. annual gross aprx-$37,795/aprx. annual net$24,792- poss. upside to increase current below market rent.
$95,000
120 OLD HWY 3, JARVIS
19 RIDOUT STREET W, TILLSONBURY
209 CHESTNUT STREET, DUNNVILLE
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.
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.
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.
6
unique investment opportunity
Land deveLopment opportunity
east HamiLton
tHoroLd
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
7
Flexible sizes up to 100,000 sf and up to 4.5 acres outdoor parking/storage 7551 Jane Street, Vaughan
ET E LECR
MAP
PEEL
T
REE
E ST
JAN
AR
–
D ROA
R OA D
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Four bays of approx. 21,000 sf plus 2,500 to 5,000 sf of common area, office and storage areas Ceiling heights - 15’ to 25’ clear
Get more information
Kyle Albert Sales Representative 905 968 8029 kyle.albert@avisonyoung.com
– – –
Column free Two oversized drive-in doors Access from frontages on 3 roads
Matt Gunning, SIOR Broker | Principal 905 968 8003 matt.gunning@avisonyoung.com
SCAN ME Mark Sullivan Sales Representative 905 968 8010 mark.sullivan@avisonyoung.com
© 2023 Avison Young Commercial Real Estate Services, LP, Brokerage.
PREMIERE DISTRIBUTION NETWORK
GET ACCESS TO A HIGHLY TARGETED NETWORK AND INCREASE THE VISIBILITY OF YOUR BRAND.
FOR ADVERTISING INFORMATION CONTACT: 1.888.761.3313 info@thecommercialinvestor.ca | thecommercialinvestor.ca 8
Joe Pandolfo Chief Executive Officer 416 887 3661 jp@odevelopments.ca
contents 10 14 18 20 24
NEXT ISSUE:
Counterfeit money and cash handling: What you need to know
December 30, 2023
The business of businessto-business moving
December 8, 2023
Tips on how to choose a group insurance plan for your small business Enhance your income property
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GROUP SALES MANAGER Randi Segal
1.866.536.2606
randi.segal@mediaclassified.ca TO ADVERTISE Chris Bosnich
1.866.532.2609
chris.bosnich@mediaclassified.ca
Winning the game – Why some businesses succeed and others fail
PRESIDENT & PUBLISHER Leo Racioppo leo@mediaclassified.ca CHIEF OPERATING OFFICER John Racioppo john@mediaclassified.ca ACCOUNTING INQUIRIES accountingteam@mediaclassified.ca
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HOME OFFICE 610 Applewood Crescent, Suite 103, Vaughan ON L4K 0E3 T: 905.761.3313 press 5 Toll Free: 888.761.3313 press 5 F: 905.761.5038 E-mail: info@thecommercialinvestor.ca Website: thecommercialinvestor.ca Copyright Notice All copyright and other intellectual property rights in the contents hereof are the property of Commercial Investor, and not that of the individual client. The customer has purchased the right of reproduction in Commercial Investor and does not have the right to reproduce the ad or photo in any other place or publication without the previous written consent of Media Classified Corporation. Contents of this publication, in hard copy format as well as online, are covered by copyright law, and offenders will be prosecuted. Copyright 2023. All rights reserved. Reproduction, storage in a retrieval system or transmission, in any form or by any means, whether electronic, mechanical or otherwise, in whole or in part, without prior written permission of Media Classified Corporation is strictly prohibited.
Counterfeit money and cash handling: What you need to know If you’re a victim of counterfeiting, you might expect to recoup the losses, but that’s not how it works. Victims aren’t compensated, so it pays to verify your bills.
10
COMMERCIAL INVESTOR | Commercial Real Estate & Business Opportunities
With each new series of banknotes comes ever more sophisticated security features – but they’re only effective if you use them. Here are some of the security features of the latest series of Canadian currency.
November 18–December 30, 2023
the cash drawer or other secure container before handling the next transaction. • Don’t make change for someone who is not making a purchase. • Purchase a counterfeit bill detector and use it. • Check for the security features mentioned above. • Create a company policy on the acceptance of non-Canadian currency and post in a prominent place. Include the exchange rate that will be used.
On top of these security features to look for, you and your employees should practice good cash-handling habits
• Touch the large number, the shoulders of the large portrait, and the words ‘Bank of Canada’/‘Banque du Canada’ on the front of the bill. You should find they are raised to the touch. • T ilt the top of the bill towards you and you should see sharp colour changes in the metallic building in the large transparent window. • Look at the metallic portrait in the large window – it should match the large portrait on the front of the bill. • Look at the numbers in and around the large window; they should match the value of the note and some will appear in reverse. • Look at the frosted maple leaf window and check for the transparent outline.
November 18–December 30, 2023
• Note: the $20 bill is the most widely used and counterfeited banknote. For a complete list of security features for polymer bills and other bank note series, visit the Bank of Canada website. On top of these security features to look for, you and your employees should practice good cash-handling habits: •L eave currency on the cash register ledge or other secure area visible to the customer until the transaction is complete in order to avoid disputes over the amount being paid. • Count change back to the customer to avoid mistakes. • Make sure the cash or cheque from the transaction is placed in
• Have a company policy on rounding cash transactions due to the elimination of the penny and post in a prominent place. • It is against the law to knowingly use a counterfeit bill or to keep one without a lawful reason. If you suspect a bill is counterfeit: • Politely explain your concerns to the customer and request another bill. • Advise the customer to check the note with the local police. • Notify the local police of a possible attempt to pass counterfeit money. • Avoid putting yourself and your employees at risk. • Be courteous to the customer; they may be an innocent victim, unaware the bill is suspicious. Note: All suspected counterfeit bank notes (U.S. and Canadian) must be turned over to local police. CI Source: cfib-fcei.ca
Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR
11
KITCHENER/WATERLOO GUELPH & CAMBRIDGE
519.742.7000 www.coupalmarkou.com
SALE
SALE
10,12,14 ROSEDALE AVENUE, KITCHENER
151 SIEBERT AVENUE, KITCHENER
D L SO
• 3 well maintained buildings with 17 units total • 11 one-bed, 5 two-bed, and 1 bachelor unit • Recent capital improvements • Data room available
SALE
• $3,060,000 • 19 parking spaces • Located next to public transit and Hwy 8
186 WELLINGTON STREET N, KITCHENER
EXCL
SALE
• 6 two-bed and 3 three-bed units • Recent capital improvements • Separately metred for hydro • Seller will consider a vendor take back 1st mortgage for a qualified buyer MLS • $2,025,000
21 KING STREET N, WATERLOO
D L SO
• Excellent redevelopment site • Corner lot with freestanding triplex and garage shop all leasable • $1,395,000
MLS
SALE
• Pristine and ready to occupy • On-site parking • Newly renovated interior and exterior • 6 private offices
• Prime investment opportunity • Main floor approx. 1,800 sq ft leased to tenant • Second floor approx. 1,000 sq ft of two 1 bed units with month to month rent
SALE
647 KING STREET W, KITCHENER
• $1,275,000 • High visibility corner location • 2 floors of office space, kitchenettes and bathrooms
Christopher Coupal
John Markou
Broker of Record, Principal christopher@coupalmarkou.com 519-742-7000 x 101
Broker, Principal john@coupalmarkou.com 519-742-7000 x 102
• $1,319,000 • High traffic exposure • Close to many amenities
MLS
MLS
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 EXCL
CONNECT
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, withdrawal or other changes without notice. Coupal Markou Commercial Real Estate Inc., Brokerage
12
COMMERCIAL INVESTOR | Commercial Real Estate & Business Opportunities
November 18–December 30, 2023
KITCHENER/WATERLOO GUELPH & CAMBRIDGE
519.742.7000 www.coupalmarkou.com
LEASE
136 KING STREET S, WATERLOO
• Fully demised office space • High visibility/Uptown Waterloo • 2 Parking spaces • 3,590 sq ft • $18.50/sq ft net
LEASE
MLS
960 VICTORIA STREET N, KITCHENER
• Robust exterior with large bay doors • Industrial/service space with storage • Abundance of parking • 28,738 sq ft • $13.50/sq ft net
LEASE
LEASE
7 GRAND AVENUE, CAMBRIDGE
• Service commercial/office space • Wide range of uses with-in zoning • 1,359 sq ft • $22.50/sq ft net
• Retail unit near Bingemans Centre Dr • Newly updated exterior and roof • Great street visibility, signage, and storefront • 2,808 sq ft MLS • $15.95/sq ft net
LEASE
MLS
B2-490 DUTTON DRIVE, WATERLOO
55 ERB STREET E, WATERLOO
• Office space with excellent visibility • Utilities included in additional rent • Abundance of natural light • 1,495 sq ft and 1,889 sq ft • $16.95/sq ft net
Christopher Coupal
John Markou
Broker of Record, Principal christopher@coupalmarkou.com 519-742-7000 x 101
Broker, Principal john@coupalmarkou.com 519-742-7000 x 102
LEASE
373 BRIDGE STREET W, WATERLOO
• Walk-up retail space • Abundance of customer parking • 4 driveway entrances/exits to plaza • 951 sq ft and 968 sq ft • $24.00/sq ft net
LEASE
MLS
10-465 PHILLIP STREET, WATERLOO
• Plaza nestled nicely in the centre of student residences • On-site parking and excellent visibility • 1,318 sq ft MLS • $28.00/sq ft net
LEASE
• Excellent North Waterloo office space • Built out offices and air-conditioned shop area • Signature development • 2,035 sq ft • $13.95/sq ft net MLS
LEASE
MLS
2 – 1373 VICTORIA STREET N, WATERLOO
MLS
722 BELMONT AVENUE W, KITCHENER
• Walk-up retail space • High foot traffic • Ample area parking • 701 sq ft • $38.00/sq ft net
MLS
CONNECT
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, withdrawal or other changes without notice. Coupal Markou Commercial Real Estate Inc., Brokerage
November 18–December 30, 2023
Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR
13
The business of
businessto-business moving BY CHUCK RESNICK
When it comes to commercial and office moves, we understand that business-to-business clients value three major things: That the job is completed on time as promised, on budget and with no disruption to their ‘business as usual.’ This may involve professional offices, retail stores, educational facilities or any other type of organization. The focus on budget and timing is understandable, and a good mover will work toward a seamless transition from point A to point B. THE FIRST THING to establish is a chain of communication. Usually, this means interacting with a move co-ordinator for the client. Oftentimes that’s a role we will 14
play. On the mover’s side, someone should be set up as a consultant dedicated to the move. This professional works with the client co-ordinator to shepherd the logistics.
COMMERCIAL INVESTOR | Commercial Real Estate & Business Opportunities
Each business-to-business move is different, and it’s up to the mover to determine what equipment is necessary. For example, the mover may need to use library carts, computer carts, elevator door jamb protectors, carpet protection and the like. They should also have special anti-static bubble wrap for computer equipment. Another element the coordinator handles is connecting with the appropriate commercial/office management company in order to find out about, and adhere to, rules and guidelines for elevator usage, truck parking, etc. If the move calls for equipment or specialized expertise, the coordinator should arrange for it. An example would be tearing down cubicles, disconnecting computers November 18–December 30, 2023
Each business-tobusiness move is different, and it’s up to the mover to determine what equipment is necessary.
and electronics at the destination site and reassembling them. Spaceplanners are needed to accomplish this part of the move, especially when it comes to the cubicle set-up. Interestingly, office moves are usually done with totes rather than boxes. There are a number of things that will need to be provided such as labels and security ties for the totes. Each person’s office items are transferred to the appropriate office at the destination. Good labelling helps to achieve successful residential moves, and with a business-to-business move, it takes on even greater importance. Another big help is to have floorplans of the offices at both ends of the move, which of course aids in labelling what goes where, as well as the November 18–December 30, 2023
order in which items are packed and taken off the truck. All this is organized and orchestrated by the co-ordinators, and often a mover will do these moves afterhours and on weekends to minimize disruption during usual work hours. If the move has to be completed during work hours, it is best to limit employee participation as much as possible. The goal is to make things as easy as possible on employees and customers. In the end, the key to a successful business-to-business move is
developing a plan with clear and welldefined goals and having someone on each end who is responsible and accountable for the event. Those booking a commercial or office move will want to check into the moving company’s track record and look at any testimonials reflecting the work. In any kind of move, everyone should be happy when the last box is put into place. The best way to ensure this level of satisfaction is to plan ahead, be organized and keep the lines of communication open.. CI
Chuck Resnick is vice-president Marketing and Operations for Two Men And a Truck - Canada, a division of Heron Capital Corporation. Visit twomen.ca
Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR
15
KITCHENER/WATERLOO GUELPH & CAMBRIDGE
| RETAIL
KITCHENER | RETAIL KITCHENER | RETAIL
KITCHENER | RETAIL KITCHENER | RETAIL
KITCHENER | RETAIL
KITCHENER | RETAIL
MLS® 40411512
MLS® MLS® 40338977 40385542
MLS® 40453281
KITCHENER | RETAIL
KITC
ALSO AVAILABLE FOR SALE
MLS® 40508108 ALSO AVAILABLE FOR SALEALSO AV MLS® 40338977 MLS® 40338977 MLS® MLS® 40411512 40385542 MLS® 40385542 MLS® 40453281 MLS® 40453281 MLS® 40508108 MLS #3-815 WEBER ST. E. #104-51 DAVID STREET 30 QUEEN STREET N #1-26 MAIN STREET 1,175 SF | $2,700/Month 2,403 SF | $20.00/SF 4,059 SF | $11.00/SF 2,000 SF | $18.00/SF #3-815 E. #3-815 WEBER STREET ST. E. N DAVID STREET #104-51 30 QUEEN 30#104-51 QUEENLester STREET N #1-26 MAINWEBER STREETST. James Boudreau** x 3020 Tobin* x 3023 James Boudreau** x 3020 Lester Tobin* x 3023 1,175 | $2,700/Month 1,175 SF | $2,700/Month 2,403 | $20.00/SF 2,403 4,059 SF | $11.00/SF 4,059 SF | SF $11.00/SF 2,000 SFSF | $18.00/SF BRESLAU | RETAIL WATERLOO | RETAIL LONDON RETAILBoudreau** | OFFICE Lester JamesTobin* Boudreau** James Boudreau** x 3020 Lester KITCHENER Tobin*x x3020 3023 James Boudreau** x 3020 |James Lester x 3023 x 3020
1512
TREET
00/SF x 3023
| RETAIL
9275
KITCHENER | RETAIL CAMBRIDGE | RETAIL
CAMBRIDGE | RETAIL
BRESLAU | RETAIL WATERLOO | RETAIL MLS® 40489275
#2-25 COLUMBIA ST. E.
BRESLAU | RETAIL LONDON | RETAIL
LONDON KITCHENER | RETAIL | OFFICE
MLS® 40282665
MLS® 40511834
10 TOWNSEND DRIVE
640 RICHMOND STREET
4,059 SF | $11.00/SF James Boudreau** x 3020
2,558-6,297 SF | $32.00/SF James Boudreau** x 3020
KITCHENER | OFFICE
KITCHENER | OFFICE
MLS® MLS® 40489275 40282665
10COLUMBIA TOWNSENDST. DRIVE IA ST. E. #2-25 E.
MLS® 40338489 650 RIVERBEND DRIVE
1,375 SF | $5,500/Month Lester Tobin* x 3023
3,000– 10,473 SF | $16.00/SF Lester Tobin* x 3023
KITCHENER | OFFICE
KITCHENER | OFFICE
MLS® 40511834 MLS® 40282665
KITC
MLS® 40338489 MLS® 40511834
MLS
RIVERBEND DRIVE 650 RIV 10 TOWNSEND DRIVE 640 RICHMOND STREET 640 650 RICHMOND STREET
3,000– SF | $16.00/SF 3,000– 10, 2,558-6,297 SF | $32.00/SF 2,558-6,297 SF || $5,500/Month $32.00/SF .00/SF 4,059 SF | $11.00/SF 1,375 SF 1,375 SF |10,473 $5,500/Month Lester Tobin* x 3023 Lester T James Boudreau** x 3020 James Boudreau** * x 3020 James Boudreau** x 3020 Lester Tobin*x 3020 x 3023 Lester Tobin* x 3023
| OFFICE MLS® KITCHENER | OFFICE KITCHENER | OFFICE KITCHENER | OFFICE KITCHENER | OFFICE KITCHENER | OFFICE KITCHENER | OFFICE MLS® 40351737 40470760 MLS® 40400900 MLS® 40452571 MLS® 40338977 96-100 HIGHLAND RD.W.
508 RIVERBEND DRIVE
#204-501 KRUG STREET
7 DUKE STREET W.
311-903 SF | $12-$20.00/SF James Boudreau** x 3020
84-409 SF | From $325/Mth Cindy Theoret* x 5020
690 SF | $16.00/SF James Boudreau** x 3020
1,107-1,226 SF|FROM $11.00/SF James Boudreau** x 3020
WATERLOO | OFFICE
CAMBRIDGE | OFFICE
BREALSU | OFFICE
ARVA | RETAIL
MLS® 40351737 MLS® 40470760 MLS® 40338977
0760 977
MLS® 40351737 MLS® 40400900
KITC
MLS® 40400900 MLS® 40452571
MLS
D RD.W.96-100 508HIGHLAND RIVERBEND RD.W. DRIVE 508 #204-501 RIVERBEND DRIVE KRUG STREET #204-501 KRUG STREET 7 DUKE STREET W.
7 DUK
20.00/SF311-903 84-409 SF SF | $12-$20.00/SF | From $325/Mth84-409 SF690 | From SF |$325/Mth $16.00/SF 690 SF | $16.00/SF 1,107-1,226 SF|FROM $11.00/SF 1,107-1,22 MLS® 40480546 MLS® 40431105 MLS® 40413371 MLS® 40398399 * x 3020 JamesCindy Boudreau** Theoret*x 3020 x 5020 Cindy Theoret* x 5020 x 3020 James James Boudreau** Boudreau** x 3020 James Boudreau** x 3020 James Bo 99 NORTHFIELD DRIVE E.
34 WATER STREET N.
31 BEACON POINT COURT
21589 RICHMOND ST. N.
Chad Ritzer* x 3033
James Boudreau** x 3020
James Boudreau** x 3020
Lester Tobin* x 3023
BREALSU | OFFICE |SFOFFICE CAMBRIDGE | OFFICE | OFFICE ARVA | RETAIL | OFFICE695-2,287 WATERLOO | OFFICE 2,100 | $22.00/SF SF | $11.95/SF 1,436-2,437 CAMBRIDGE SF|$12.00/SF 5,000 SF | $14.50/SF BREALSU
3371
Each office is Independently Owned and Operated 16
COMMERCIAL INVESTOR | Commercial Real Estate & Business Opportunities
MLS® 40413371 MLS® 40398399
MLS® 40431105 MLS® 40398399
November 18–December 30, 2023
MLS® 40480546 MLS® 40431105
MLS
KITCHENER/WATERLOO GUELPH & CAMBRIDGE
CHENER
KITCHENER KITCHENER
KITCHENER
MLS® 40506861
6861
KITCHENER CAMBRIDGE
KITCHENER
MLS® 40493909
MLS® MLS® 40506861 40493909
CAMBRIDGE
MLS® 40470969
CAMBRIDGE CAMBRIDGE
CAMBRIDGE
MLS® 40267992
MLS® 40493909 MLS® 40267992 MLS® 40470969 MLS® 40470969 RETAIL PLAZA COMMERCIAL/RESIDENTIAL
MLS
OFFICE/RETAIL BUILDING COMMERCIAL BUILDING 5 UNITS | $2,190,000 1,750 SF | $1,250,000 5 UNITS| $1,599,900 11,679 SF |BUILDING $2,500,000 COMME BUILDINGOFFICE/RETAIL RETAIL BUILDING PLAZA RETAIL PLAZA COMMERCIAL/RESIDENTIAL COMMERCIAL/RESIDENTIAL COMMERCIAL Chad Ritzer* x3033 James Boudreau** x3020 Eric Frey* x3118 James Boudreau** x3020
250,000 1,7505 SF UNITS | $1,250,000 | $2,190,000 KITCHENER ** x3020James Boudreau** Chad Ritzer*x3020 x3033
CHENER
1306
5 UNITS | $2,190,000 5 UNITS| $1,599,900 5 UNITS| 11,679$1,599,900 SF | $2,500,000 11,679 KITCHENER Chad Ritzer* x3033 Eric Frey* x3118 KITCHENER Eric Frey* x3118 GUELPH James Boudreau** x3020James Bo
KITCHENER KITCHENER MLS® 40501306
KITCHENER KITCHENER
MLS® 40478225
GUELPH KITCHENER
MLS® 40397799
MLS® 40321109
REDEVELOPMENT LAND REDEVELOPMENT SITE MEDICAL OFFICE BUILDING BUILDING/0.31 AC. LAND 1,242 SF | $1,650,000 1.210 Acres | $7,900,000 9.53 Acres | $19,500,000 5,074 SF | $1,600,000 John Hoffman* x 3040 Eric Frey*MLS® x 3118 James Boudreau** x3020 JamesMLS® Boudreau** x3020 MLS® 40321109 MLS® 40478225 40478225 MLS® 40397799 MLS® 40397799 40501306 KITCHENER
MLS
LONDON
ORANGEVILLE ST. MARYS REDEVELOPMENT LAND REDEVE BUILDING/0.31 AC. LANDBUILDING/0.31 REDEVELOPMENT AC. LAND SITE REDEVELOPMENT SITE BUILDING MEDICAL OFFICE BUILDING 9.53 Acres | $19,500,0009.53 Acr 1,242 | $1,650,000 1,242 1.210 SFAcres | $1,650,000 | $7,900,0001.210 Acres | $7,900,000 600,000 5,074 SF | SF $1,600,000 Hoffman*x3020 x 3040 John Ho Eric Frey* xx3020 3118 James Eric Frey* Boudreau** x 3118 x3020JamesJohn Boudreau** ** x3020James Boudreau**
CHENER MLS® 40434713 KITCHENER LONDON MLS® 40493046 RETAIL INVESTMENT 10,656 SF|$7,500,000 Lester Tobin* x 3023
COMMERCIAL BUILDING 1,375 SF | $849,000 Lester Tobin* x 3023
LONDON ORANGEVILLE MLS® 40400544
ORANGEVILLE MARYS MLS® ST. 40454420
BUILDING/19.88 AC. LAND 45,711 SF | $22,500,000 John Hoffman* x 3040
COMMERCIAL BUILDING 4,900 SF | $975,000 Chad Ritzer* x3033
KITCHENER
WATERLOO
WINDSOR
4713
MLS® 40434713 MLS® 40493046
MLS® 40400544 MLS® 40493046
MLS® 40400544 MLS® 40454420
TMENT 500,000 x 3023
BUILDING/19.88 AC. LANDBUILDING/19.88 AC.BUILDING LAND COMMERCIAL BUILDING COMMERCIAL BUILDING RETAIL INVESTMENT COMMERCIAL COMME 45,711 | $22,500,000 45,7114,900 SF | MLS® $22,500,000 1,375 SF | $849,000 1,375 SF |SF$849,000 10,656 SF|$7,500,000 SF | $975,000 4,900 40482962 MLS® 40480768 MLS® 40502911 MLS® 40463973 BUSINESS ONLY JohnTobin* Hoffman* x 3040 John Hoffman* x 3040 Lester Tobin* x 3023 Lester x 3023 Lester Tobin* x 3023 Chad Ritzer* x3033 Chad
PARKING LOT INVESTMENT RETAIL INVESTMENT BUSINESS FOR SALE 27 SPACES | $375,000 9,300 SF|$1,860,000 $975,000 WINDSOR WINDSOR KITCHENER Lester Tobin* x 3023 Lester Tobin* x 3023 James Boudreau** x3020
0768
MLS
BUSINESS FOR SALE $200,000 KITCHENER WATERLOO Lester Tobin* x 3023
Each office is Independently Owned and Operated November 18–December 30, 2023
MLS® MLS® 40480768 40502911
Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR
MLS® MLS® 40502911 40463973
MLS® 40482962 MLS® 40463973 BUSINESS ONLY
17
MLS
BU
Tips on how to choose a group insurance plan for your small business
A well-designed group benefits plan can offer significant advantages for your employees and your business. It can help you attract and retain top talent, promote a healthy work environment and differentiate your business from your competitors. “A group insurance plan can be a flexible and affordable way to enhance your total compensation package,” explains John Carinci, VP and head, operations and client experience, RBC Insurance. “Many Canadian employees identify their benefits plan as a key reason for remaining with their current employer. In fact, given the choice, 59 per cent of employees would prefer group benefits over a 10 per cent 18
salary increase.” Before choosing a group insurance plan, consider the following three tips: • Define your objectives – To identify whether you need a basic plan or a comprehensive plan, first identify your primary purpose for implementing a benefits package. The plan you choose may be different depending on whether your goal is to attract new talent, retain existing employees, or simply offer basic coverage.
COMMERCIAL INVESTOR | Commercial Real Estate & Business Opportunities
• Provide coverage your employees will use – Talk to your employees about their needs prior to selecting your group plan. By doing the research up front, you’ll avoid paying for features your employees won’t use, while also aligning the plan to your stated objectives. • Choose a plan that is a good fit for you and your employees – A good benefits package provides a benchmark level of coverage that meets the needs of your employees, at a cost that you are comfortable with. Prepare a list of questions for your advisor to ensure you are delivering the best solution possible. CI For more information, visit rbcinsurance.com/groupbenefits November 18–December 30, 2023
KITCHENER/WATERLOO GUELPH & CAMBRIDGE
2128 GHENT AVENUE, BURLINGTON
LEGAL 7-PLEX
INVESTMENT OPPORTUNITIES 41-43 ALBERT STREET HAMILTON Potential Condo Conversion already separately deeded
$3,299,900*
Vacant 2-Bdrm & 1-Bdrm units currently being renovated by Seller (included in the Purchase Price). Property zoned RH1 High Density which allows for up to six floors. Approved Legal 7th Unit (Studio) in final stages of Building Permit Approval. New Fire Alarm System being installed to today’s Building Code. This Lot is large and has potential for adding more rental units and parking in the future by the Buyer. Buyer to conduct own due diligence.
30 CHATHAM STREET BRANTFORD
22 UNITS
75 ELM STREET ST. THOMAS
33 UNITS
13 UNITS $4.6 M* 89 DUMFRIES STREET PARIS Development Land Zoned R2 0.36 Acres
NEW PRICE
NEW PRICE
$5,700,000*
$9,999,900*
586 VICTORIA STREET S KITCHENER
2520 HAINES ROAD BAY #4, MISSISSAUGA
11 UNITS
FOR LEASE Zoning allows for many Industrial uses including Recreational Use
NEW PRICE
$449,900
$4.5 M*
$18.99 / sq ft + TMI
4.5% CMHC FINANCING AVAILABLE ON ALL OF OUR MULTI-FAMILY LISTINGS PLEASE CALL NOW FOR DETAILS!*
DALIBOR RADULOVIC Sales Representative
CHRIS MOSSEY Sales Representative
TUNDE ABIODUN Broker
ROB PIOMBINI Broker
Email us Today at info@4mcommercialgroup.com to receive our Exclusive Monthly Industry News Letter!
519-885-8810 info@4mcommercialgroup.com 385 Frederick Street, Unit 32 Kitchener, Ontario N2H 2P2
November 18–December 30, 2023
HomeLife Power Realty Inc., Brokerage*
*Independently Owned and Operated
Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR
19
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 20
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
COMMERCIAL INVESTOR | Commercial Real Estate & Business Opportunities
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. November 18–December 30, 2023
GREATER TORONTO AREA
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
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November 18–December 30, 2023
Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR
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EASTERN ONTARIO
WE HELP YOU GROW YOUR DREAMS
Franchise and Business Opportunities
Featuring: Commercial•Industrial•Franchise+Business Opportunities
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Introducing “The Ridge” 14.29 Acres Ideally Situated Abutting The Urban Boundary & Over Looking The Trent/Severn Canal! As “”Infill”” As They Come, This Parcel Is Nestled Amongst Residential Homes w/ Excellent Road Frontage On 6th Line West+Victoria St. Municipal Services Only Steps Away, This Property Is A Blank Canvas For Your “Inner” Developer. Mins. Away From Downtown Campbellford Right Off County Rd 30/Grand Rd. Ideal Investment For Future Development. MATTHew gArneT sales representative Re/Max West Realty Inc., BRokeRage. dIRect: 416.509.3036 offIce: 905.773.8000 eMaIl: MatThelandFinder@gmail.com
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COMMERCIAL INVESTOR | Commercial Real Estate & Business Opportunities
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CONTACT: MICHAEL BABBIE, Sales Representative mbabbie@cbci.ca | d 289 725 5088 | c 647 272 5899
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EASTERN ONTARIO
John Shewchuk SALES REP
Cell: 905-404-5038
Email: jshewchuk@royallepage.ca
Brian Shewchuk SALES REP
Cell: 289 688 8047 | Email: brianshewchuck@royallepage.ca
Royal LePage Frank Real Estate, Brokerage OFFICE: 905-623-3393
NEW 29K SF INDUSTRIAL - BUY LEASE OR PARTNER! + POTENTIAL FOR 60K SF SELF STORAGE PHASE 2
So much choice! NEW 29,600 SQFT industrial BLD completing Q3 2024 for lease OR sale, and planned Phase 2 project for + 60,000 SQFT self-storage facility! Opportunity to partner with owner for purchase of sales. High-demand + income generating assets with great investment potential!
EAT THIS UP: BUSINESS & BLD FOR SALE — NEWCASTLE
Free standing, long term food business + property included. 2500 SQFT restaurant fully licensed, with outdoor patio on major highway. Huge parking area! Owners to retire after 18+ years. Well known. Excellent easy to run food business. Call for details. Owner willing to hold a mortgage OAC.
GREAT VALUE! — 1.5 ACRES & 31.5K SQFT INDUSTRIAL
Chance to acquire rare 1.5 acres serviced general industrial lot in Bowmanville complete with wide variety of studies and reports. Near full SPA: amazing opportunity for builders, developers, or owners who want to lease extra space to while occupying themselves! Improved & leased lot great for contractors, dealership, or investment.
HIGH DENSITY MIXED USE POTENTIAL IN PICKERING!
Near 1/2 acre serviced in-fill lot neighboring 17 storey building + commercial plaza. Opportunity for mixed-use high density building of +50k gross SQFT. Licensing for additional parking and storage with adjoining hydro corridor. Great busy & high visibility location on Brock Road.
WOW - RARE 1.3 ACRE SERVICED RESIDENTIAL INFILL SITE IN CLARINGTON!
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!
NEED INDUSTRIAL SPACE? WE HAVE UNITS 4.5K TO 5.5K TO 9.8K SF!
Three units between Oshawa & Clarington! Small & mid-size units available with shipping doors for deliveries. Great & affordable choice for growing businesses, warehousing, fabrication, recreational or other services. Zoning is highly flexible!
28 ACRES FUTURE DEVELOPMENT LAND — NEWCASTLE
Great location between HWY 115/35, HWY 401 AND HWY #2. Labeled Employment Lands under Durham OP Update. Vendor Take Back Mortgage available! Excellent opportunity for land bankers, developers, and builders of all stripes to acquire a choice piece of land early!
CLARINGTON EXCLUSIVE November 18–December 30, 2023
AUTOMOTIVE BLD FOR SALE! - $1,600,000
4800 SQFT Freestanding building on fully paved lot. Clear span w/ 12’ door & high-traffic highway visibility! In excellent condition and has heated floor! Confidentiality agreement required. Call John for more details! Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR
23
Winning the game Why some businesses succeed and others fail BY JACQUELINE MONETA JD WITH ASSISTANCE FROM JAYSON SCHWARZ LLM
As a lawyer of 35-plus years, I have seen many small businesses flourish and many fail. The big question is why some succeed while others fall. Here are just a few comments that may not really be legal in nature, but certainly reflect my observations. In addition, some businesses succeed despite themselves and later, no one can figure out what went wrong. Here are some insights that may prove valuable. 1. Under-financed. Whether
it is a start-up or the purchase of an existing business, most new entrepreneurs spend far too much of their funds on sizzle, not steak. What does that mean? As an example, too much money is spent on oversupply of inventory, leasehold improvements or other capital investments that leave the business short of the money it needs for marketing or cash flow until receivables turn over. Maintaining a cash reserve to carry the business through to success is critical.
2. Lack of knowledge. Many
people get into a business for which they have lack of training or knowledge. They think they can learn on the job. Wrong. Go intern. Work for a successful company and put in the time until you learn how it should work, what to look out for – and how to run the business.
3. The amazing idea. The one thing I have seen over and over again 24
is a client coming in with the idea that will change the world. He has the next pet rock, hoola hoop, slinky, iPod, etc. There is a huge distance between an idea and fulfillment. Remember, a great idea does not make money – the execution and delivery does. In order to make the idea work, we need to develop a cohesive, coherent and practical business plan in writing. The business plan will allow you to express the detail and direction necessary to make the idea work. By the way, before an idea can be worked on, extensive market research is a critical factor.
4. The Lone Ranger. John Donne in the early 1600s said: “No man is an island, entire of itself, every man is a piece of the continent, a part of the main.” In other words, you need to recognize that every successful small business succeeds as a result of a team put together by the entrepreneur. If we try to do it alone, what is quickly discovered is not the
COMMERCIAL INVESTOR | Commercial Real Estate & Business Opportunities
leader’s strength but his weakness. Many failures come to roost when sales are exploding, market share growing and suddenly it falls apart because the back room is missing. The entrepreneur brilliantly develops his business but loses because of faulty accounting or controls. We all need to recognize our strengths and find the right partner or staff to supplement our weakness.
5. Bad partners. Everything
is always good when it starts but when it becomes too successful or too tough, it usually breaks down. Trust is huge, so be careful and choose wisely. Make sure you have the relationship in writing. Also, never do a deal where the risk is lopsided. Everyone must be in the same place.
6. Penny wise and pound foolish. Ok, so we can’t afford to
hire a lawyer to incorporate or advise. We pass on an accountant. Hmmm, we’ll get one later. This attitude is deadly. Get your professionals at the beginning to ensure that your business is properly constituted; that your personal liability is not on the table; and that the structure is in place from the beginning to allow for growth and proper process. Ok, that’s enough of this sort of thing. I hope this helps to make you think, explore and consider. Good luck, start your business and be successful. CI November 18–December 30, 2023
WANTED
“CONDO TITLED” PROJECTS AND MORE � TOWNHOUSE PROJECTS � WALK-UPS � SEMI-DETACHED � BUILDERS WANTING TO SELL UNITS IN BULK � ALREADY BUILT AND RENTED � CITIES & TOWNS OUTSIDE OF TORONTO � QUICK CLOSE
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SkyViews
k y Vfor iew s Your S Price ‘Upside’ Your Value Priceinfor Finding the‘Upside’ Grey Areas Finding the GreyRealty Areas By CliffValue Ford,inSkyview By Cliff Ford, Skyview Realty
With the ever-increasing demand for multi-unit With the ever-increasing demand for multi-unit residential properties amongst investors, a trend residential properties amongst investors, a trend has been overover the the lastlast number has emerging been emerging numberofofyears. years. Many properties, and and certainly buildings Many properties, certainly buildingswith with 30+ 30+ units, are seeing multiple offers partofofan anopen open units, are seeing multiple offers as as part bid submission process. bid submission process. If you aren’t familiar the bid submissionprocess, process, If you aren’t familiar with with the bid submission it is the act of marketing a property for sale without it is the act of marketing a property for sale without providing a price. Typically, the Seller will provide providing a price. Typically, theinSeller willof provide all due diligence documents advance the offer all due deadline diligence documents in determine advance what of the offer to allow buyers to they are deadline to allow buyers determine willing to offer on any to given property. what Sellersthey love are this process as any it can generally lead Sellers to multiple willing to offer on given property. loveoffers this a bidding war that up their end processand ascan it create can generally lead todrives multiple offers price. Buyers dislike this process, however, because and can create a bidding war that drives up their end they prefer to have some guidance on pricing going price. Buyers dislike this process, however, because into the offer stage. As a brokerage, we are caught in they prefer to have some guidance on pricing going the middle of wanting to deliver great results for our into theSeller offer and stage. As a brokerage, we are caught in satisfying our buyer clients’ demands for moreof investment the middle wanting properties. to deliver great results for our Seller and satisfying our clients’ demands What we have beenbuyer noticing with these open for bid more investment properties isproperties. that ‘upside’ becomes a very common discussion point. The value a buyer places on the
What we have been noticing with these open bid upside in a building can often become the factor that properties is that ‘upside’ a the very common makes their offer standbecomes out among rest, at least discussion point. The value a buyer places on the as it relates to purchase price. upside When in a building canwhat oftenthe become the that considering upside is onfactor a property, makes its their offer stand out among the rest, at least more than just rental rate upside, especially conas it relates to the purchase price. rates seen in the Ontario sidering lower vacancy market nowadays. Beyond the upside of what you
When considering what the upside is on a property, could rent turned-over units for, investors are looking its more than just rental rate upside, especially conat upside in the utility consumptions by implementsideringingthe lower vacancy seen the bulbs, Ontario programs to replacerates lighting withinLED inmarketstalling nowadays. Beyond theevery upside what you Low-flow toilets in unit, of and investing in higher efficiency heating equipment.are Upside can could rent turned-over units for, investors looking alsoinbethe found in converting excess by space in a buildat upside utility consumptions implementing to either additional units, commercial space,inor ing programs to replace lighting with LED bulbs, amenities that could draw in greater tenant rents. stalling Low-flow toilets in every unit, and investing Sometimes even the location of the property itself 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
can have a form of upside for a particular buyer, in that they may own a building nearby and could crethat they may own a building nearby and could createvalued valuedupside upside in the sharing of mutual expenses ate in the sharing of mutual expenses betweeneach each property. between property. Whatever upside factors may may be onbe anyonparticWhateverthe the upside factors any particular property, when going into a purchase process, ular property, when going into a purchase process, understanding what YOUR valuevalue is on is theonupside understanding what YOUR the upside will give you a leg up when bidding against other will give you a leg up when bidding against other buyers. It appears that, at least for the time being, buyers. It appears that, at least fordetermined the time being, the sale price of the property is no longer the by sale pricecomparable of the property longer just market sales.isIt no is now the determined grey just by market comparable sales. It is now the grey areas of upside that are driving the prices higher. Of course seller had their way, the would areas ifofevery upside that are driving theBuyer prices higher. Of be paying for 100% of the upside theirthe purchase course if every seller had their inway, Buyer would price but realistic sellers also know that they need to be paying for 100% of the upside in their purchase leave something on the table for a buyer. As a buyer, price but realistic sellers also know that they need to you need to know what the upside is and how much leave onforthe table for Itaisbuyer. As a buyer, you aresomething willing to pay that upside. a business you need to know what the upside is and how much decision that only you can determine based on your operations. you are willing to pay for that upside. It is a business
decision that only you can based on your To be fair when discussing bid determine submission processoperations. es, it should be stated that price may not always be the only factor when a seller chooses one offer to To be fair when discussing bid submission processwork with over another, but it is likely the most siges, it should that price always be nificant factor. be As stated an example, buyersmay are not becomthe more only and factor when a seller chooses one offer to ing more organized in their purchasing work with inover another, but it is likely the most sigprocesses order to streamline their conditional periods closing as this can also help nificantand factor. As dates, an example, buyers aretobecomachieve a sign back from a Seller when multiple ofing more and more organized in their purchasing fers are on the table. Especially if all offering prices processes in order to streamline their conditional are neck and neck, the terms of the offer becomes periods and closing dates, as this can also help to an important factor for a seller.
achieve a sign back from a Seller when multiple of-
You may not be a fan of the open bid submission fers are on the table. Especially if all offering prices process, but it appears as if this new trend will be are neck and neck, the terms the diligence offer becomes sticking around. By doing properofdue an important factor for a seller. upfront, good research on the property’s market, and theaprice want to pay the You determining may not be fan you of the open bidforsubmission upside, you can still achieve great acquisitions in this process, but it appears as if this new trend will be tight and highly sought after investment class.
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. 27
AUTOBODY SUPPLY BUSINESS WITH PROPERTY FOR SALE
$3,800,000
• Location: Steeles / Weston (Vaughan Ontario Canada) • 3,619 Sqf Automotive Business
Short Biz Hours (8:30-5:30 Pm, Sat 9-2 Pm). Net Income Approx. $39,500 monthly https://youtu.be/IZyoRwMNjbg
Convenience With Property FOR SALE $569,000 Elora St / Arthur St (Minto)
• Weekly Sale: Approx. $10,000 Lotto Com.: $3,000/M • ATM: $7,500 / Yr. • 1.5 Hrs from Toronto Busy Traffic Area • 4,800 Sq Ft (Retail : 2,600 Sq Ft 4 Bed Apartment 2,200 Sq Ft) 28
Matia Kim Broker
647-216-3600
matiakim0808@gmail.com HOMELIFE FRONTIER
REALTY INC., BROKERAGE Independently Owned and Operated
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
Paul McDonald
Sales Representative Real Estate Homeward, Brokerage www.theeastside.ca | 416-432-1045
George Gicopoulos
Sean Gicopoulos
Sales Representative Business-Commercial Sales and Leasing
Sales Representative Investments And Residential COMMERCIAL CANADA INC The Agent-Owned Cloud Brokerage
ggicopoulos@gmail.com
WE MADE THE SWITCH TO EXP., MAYBE YOU SHOULD TOO!
Cell 519-852-4458 RESTAURANT + PROPERTY SOUTH WESTERN ONTARIO
• Sales in the $2.5 Mil Range • Profit in Excess of $300,000/Yr • 5,200 Sq Ft Building on 1 Acre • Tons Of Loyal Clientele
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• Build your dream home here! • New Executive lots on a cul-de-sac • Backing on to Lake Huron • Between Grand Bend and Bayfield • Just under -1 acre serviced lots
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WELL ESTABLISHED NEIGHBOURHOOD PUB
• Good Lease with renewal options • Located in London ON • Good sales with regular clientele • A good mix of food and liq sales
Asking $599,000
BAR AND GRILL WITH PROPERTY SW ONTARIO
• Great Bar and Grill • Great Reputation • Great Patio • Great Small town location
Asking $1,400,000
seangic@gmail.com
Cell 519-852-4426
ESTABLISHED POPULAR RESTAURANT IN LONDON
• Small operation with high sales • Easy menu with loyal clientele • Good rent with Long term lease • Ideal for a family to run
Asking $700,000
MAKE YOUR OWN WINE BUSINESS
• In operation for over 30 years • Owners retiring • Easy to learn with Franchise support • No franchise fees
Asking $99,000
FAMILY RESTAURANT KITCHENER
• 4000 sq ft • Open 6 days/ week • Great Location & visibility • Sales in the 1.25 mil range w/ good profits
Asking $545,000
896 MOSLEY ST WASAGA BEACH
• Great Development site • Re-Zoning initiated for 7 Townhouse units • Corner location with over 14,000 sq ft • Close to Beach #3
Asking $895,000 29
COMMERCIAL, RESIDENTIAL AND PROPERTY MAINTENANCE SERVICES
BELLROSE IS FULLY INSURED AND BONDED WITH 24/7 SUPERINTENDENT AND JANITORIAL RELIEF SERVICES. Property Maintenance for Condo and Commercial Buildings Janitorial Services Live-in/Live-out Superintendent Relief Services Deep Cleaning and Disinfecting Window Cleaning Post-Construction and Renovation Cleaning Residential and Office Maid Services And more
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416-389-7805
info@bellroseinc.com 30
FORREST KENDLBACHER 416-921-1112
D L O S
REAL ESTATE SERVICES LTD., BROKERAGE
D L O
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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. 31
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