Featuring: Commercial•Industrial•Franchise+Business Opportunities
FREE
November 20, 2021–January 1, 2022 Volume 21 | Issue 12
Full Coverage Area Including: London • Kitchener • Niagara Falls • Hamilton • Toronto • Ottawa Hamilton - Established & Busy Commercial & Retail Bakery
worldrealestate network.com
Corner Property w/ Excellent Exposure on Busy Street. Approx 4,000 Sf Plus Basement w/ 3-Bedroom Apartment on 2nd Floor. Option to Buy Business Only OR Both Business + Building. Asking $1,019,000 Homelife/Bayview Realty Inc., Brokerage
Latif Merali
ABR, SRS, B.Comm, Sales Representative
Cell: 647-886-7802 Office: 905-889-2200 Email: info@latifmerali.com | www.LatifMerali.com
GLOBAL & LOCAL REAL ESTATE OPPORTUNITIES
INDUSTRIAL • COMMERCIAL • INVESTMENT
ICIWorld APP 416-214-4875
50 ACRES PRIME VACANT LAND
ATTENTION ALL INVESTORS
$6,285,000 اªƊȲƵ IȲƵƵٌȺɈƊȁƮǞȁǐ XȁƮɐȺɈȲǞƊǶ ȌǏǏƵȲǞȁǐ Ǟȁ mȌȁƮȌȁ y ׃׃ׇةׁ׃ اȺȱ ǏɈ Ȍȁ ׁ ׃خƊƧȲƵȺ
Jamie Hanke
Sales Representative ªȌɯƊǶ mƵȯƊǐƵ ÀȲǞǶƊȁƮ ªƵƊǶɈɯ ǯǘƊȁDzƵۊȲȌɯƊǶǶƵȯƊǐƵخƧƊ | ׇׁׂٌ׆ׁٌׅ
$1,995,000 In An Area Of New Residential Developments. Bordering The Lefroy Settlement Area, Close To ¸ƃȟlj ČȈȴƺɁljӗ yʍɽʍɨlj {Ɂ ČɽƃɽȈɁȶ ծ ȶȶȈɰˎȢ Ãƃɰɽljɨ Planned Community.
MICHAEL CONSTABLE BROKER (877) 960-9995
$759,900
31 SPADINA AVENUE, HAMILTON Well maintained legal duplex w/basement income unit. Ftrs 2 stry brick home on 30’x 94’ lot incs 3-car rear parking, upgraded 200amp hydro/new wiring/3 meters, porch/steps/sidewalks, 3 stoves, 3 fridges, 3 washers, 3 dryers + maj. new windows s’18. APT.#1 (BASEMENT)-$847 p/month ftrs 1 bedrm/4pc bath renoed’16. APT#2 (MAIN LVL)-$1,100 p/month ftrs 1 bedrm/4pc bath w/9’ ceilings. APT # 3 (UPPER LVL)-$1,143 p/month ftrs 2 bedrms/4pc bath incs front/ rear access.
$1,600,000
551-553 UPPER JAMES STREET, HAMILTON Ideal Hamilton Investment Opportunity on sought after Upper James Street offering great curb appeal & street front presence. This well maintained building offers large commercial storefront (formerly 2 units), 5 residential apartments, 2 Outlook rooftop signs, coin laundry, & one side building sign for approx. GROSS Annual Income of $88,600 per year & Approx. $65,000 NET income.
$2,350,000
8794 INDIAN LINE, HAGERSVILLE Established, profitable Meat Abattoir. Incs 19ac parcel w/2 road frontages, totally renovated in 2008/09 fully equipped Provincially Inspected Meat Plant w/recent OMAFRA “A” Audit ftrs food grade approved walls/ceilings/SS doors/equipment. Incs updated 4 bedrooms/2 baths home ftrs lifetime metal roof + metal clad 57x38 outbuilding w/conc. floor, hydro.
$3,400,000
3443 NINETEENTH ST, JORDAN STATION Certified Organic 64+ acre vineyard in the renowned Niagara Peninsula. Excellent & rare opportunity to purchase a quality producing Organic vineyard with multiple award winning wines, complete with a 2,500 sq ft outbuilding. 56 acres currently planted to Sauvignon Blanc, Pinot Noir, Riesling and Chardonnay with an option for additional new Cabernet Franc vines to be replanted.
2
$2,999,900
7924 14TH LINE, ALMA
S
AAA location for this spa/ physiotherapy clinic located on 2 public transit lines. Live/work space with Institutional/Residential Zoning (I-1) that allows for many professional uses. The 3,600sf building features three dedicated entrances with spa/clinic layout on lower 2 levels & a 4 bedroom residential home on upper 3 levels. Featuring gym area in basement, sauna, steam room, contrast showers, custom built soaking tub with underwater traction and so much more.MLS. CALL RYAN BRIGGS
D L O
CALL RYAN BRIGGS
$850,000
432 QUEEN ST S, KITCHENER
Investment Opportunity Great Location close to downtown Kitchener for this fully rented mixed use semidetached triplex. Featuring a main floor 1,600 square foot commercial unit with 2 recently renovated residential units above. The building generates over $47,000/year in gross income, is situated on public transit line, has 4 designated parking spaces. Exclusive. CALL RYAN BRIGGS
$27/SF
191 KING ST S, WATERLOO
A E L
t 2,965sf prime commercial space in Downtown Kitchener. t D-1 Zoning - Brick and beam building being renovated. t Tim Horton's will occupy space fronting on King St. t Great Location in Downtown Kitchener t Close to LRT, residential, Restaurants and shopping t MLS.
D E S CALL NEIL KOEBEL
$18/SF
187 KING ST S, WATERLOO
t 2,405sf second floor loftstyle office unit. t Available immediately. t Various rental units also available. t Located in Bauer Building in Uptown Waterloo. t Many amenities onsite & within walking distance. t On public transit route. t Ample parking available. t Exclusive.
CALL DUNCAN MCLEAN
CALL DUNCAN MCLEAN
$15/SF GROSS
270 KING ST E, KITCHENER
t 1,260sf office space in Downtown Kitchener. t Available immediately. t Ideal for lawyer, accountant, massage therapist, chiropractor t Close to Region of Waterloo courthouse, Conestoga College. t On public transit route, close to the LRT and amenities. t MLS.
CELL:
$20/SF NET t 3,337 sq. ft. retail/office building t Attractive brick & beam openconcept space t Numerous recent improvements. t Large windows provide an abundance of natural light. t 1,984 sq. ft. of main floor, and 1,353 sq. ft. of second floor. t Located on public transit route one block from LRT stop. t Located within steps of Kitchener Market. t MLS.
CALL REBECCA RAWLINGS
519.578.0337
$27.50/SF
1 QUEEN ST N, KITCHENER
t Retail unit available at Bauer Marketplace in Uptown Waterloo. t $27/sf rent plus $10.50sf CAM. t Great location close to Mark Nunes, Bauer Kitchener, and Vincezo's t Zoning allows many retail and office uses. t Exclusive.
82 WEBER ST E, KITCHENER
KITCHENER, ONTARIO
$1,699,900
11 BELMONT AVE W, KITCHENER
The Conestoga River borders the north side of this amazing 106 acre picturesque farm. It has been a home for a variety of animals such as beef cattle, pigs, horses, sheep and chickens. Featuring approximately 86 acres of workable systematically tiled land, 3 ponds, drive in garage/ workshop & barn with 20 livestock stalls. 4 bedroom farm house is loaded with charm and character. MLS.
CALL NEIL KOEBEL
NEIL KOEBEL
RYAN BRIGGS
DUNCAN MCLEAN
Broker of Record
Sales Representative
Sales Representative
519.741.6594
Neil@cmarealty.ca
CELL:
519.498.5775
Ryan@cmarealty.ca
CELL:
519.590.7997
Duncan@cmarealty.ca 3
APARTAMENT BUILDING FOR SALE IN CAMBELLFORD, ON
VIEW OUR MAGAZINES ON ANY
DIGITAL DEVICE
• 4 x 1br Units • 13 x 2br Units • 4 x Commercial Units • Building - 24,000 sf • Lot Size - 23,530 sf • 45 Parking Spaces
anytime, anywhere!
• Year of Construction - 1991 • Taxes 2020/$32,000 • NOI Potential $320,000 • 1 hr from Prince Edward County • 2 hrs from Toronto • 3 hrs from Ottawa
Published by:
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416 272-8067 Now you can view all Commercial Investor magazines online using any smartphone, tablet or desktop device.
THECOMMERCIALINVESTOR.CA
Roman Monaenkov Sales Representative
c: 416-272-8067 e: roman@bradjlambrealty.com w: romanmonaenkov.com
Specializing in all your financial needs since 1975 Residential 1st and 2nd Mortgages Land Construction Commercial Investment Apartment Buidlings
Office And Medical Buildings Special Purpose Properties • Gas Stations, Hotels, Churches, Mosques, Retirement and Nursing Homes, Self-Storage and Student Residences and more.
Call or send a package for a quote:
CYR Funding Inc. #11681 • Attn. Rena Malkah Bus 905-731-1111 x229 • Cel 647-838-5061 • Fax 905-731-6860
rena@cyrfunding.com • www.cyrfunding.com 4
ϳϬϱͲϱϯϲͲϬϳϭϵ | ϴϲϲͲϲϲϯͲϮϱϱϱ www.OntarioApartmentGroup.ca WƌŽǀŝĚŝŶŐ ĞdžĐĞƉƟ ŽŶĂů ǀĂůƵĞ ĂŶĚ ŝŶƐƟ ƚƵƟ ŽŶĂů ƋƵĂůŝƚLJ ƐĞƌǀŝĐĞ ƚŽ ďƵLJĞƌƐ ĂŶĚ ƐĞůůĞƌƐ ŽĨ ŵƵůƟ ĨĂŵŝůLJ ĂŶĚ ŵŝdžĞĚͲƵƐĞ ƉƌŽƉĞƌƟ ĞƐ ŝŶ KŶƚĂƌŝŽ
PORT PERRY, ON
Ăůů ĨŽƌ ĞƚĂŝůƐ ͻ ϭϮ͕ϬϬϬ ^&н ZĞƚĂŝů͕ ϭϭ ^ƵŝƚĞƐ ZĞƐŝĚĞŶƟ Ăů • Landmark property • Only 15-20 min from expanded 407/412 and only 65 km from DVP/401 ͻ ^ƚĂďůĞ ƌĞƚĂŝů Θ ƌĞƐŝĚĞŶƟ Ăů ƌĞƚĂŝů ŝŶĐŽŵĞ ͻ ^ŝŐŶŝĮ ĐĂŶƚ ƌĞŶƚĂů ƵƉƐŝĚĞ ;ĞdžĐůƵƐŝǀĞͿ
TROPHY PROPERTY WITH UPSIDE
LINDSAY, ON
FENELON FALLS, ON
$1,200,000
reduced to $1,499,900 /ŶƚƌŽĚƵĐŝŶŐ ƚŚĞ ZŽLJĂů ůďĞƌƚ: A stunningly ƌĞĐŽŶƐƚƌƵĐƚĞĚ Θ ƌĞƐƚŽƌĞĚ ŝŶǀĞƐƚŵĞŶƚ ƉƌŽƉĞƌƚLJ ǁŝƚŚ ŽǀĞƌ ΨϴϱϬ͕ϬϬϬ ƐƉĞŶƚ ƐŝŶĐĞ ϮϬϭϲ ͻ YƵĂůŝƚLJ͕ ƉƌŽĨĞƐƐŝŽŶĂů ƚĞŶĂŶƚ ƉƌŽĮ ůĞ ͻ dĞŶĂŶƚ ƉĂLJ ƵƟ ůŝƟ ĞƐ ;D>^Ϳ
ͻ dĞŶĂŶƚ Dŝdž͗ Ϯ ƌĞƚĂŝů͕ ϯ ĂƉĂƌƚŵĞŶƚƐ ͻ ƵƐLJ ĚŽǁŶƚŽǁŶ ůŽĐĂƟ ŽŶ LJĞƚ ůĞƐƐ ƚŚĂŶ Ϯ ďůŽĐŬƐ ĨƌŽŵ ďĞĂƵƟ ĨƵů >ŽĐŬ ϯϰ ŽŶ dƌĞŶƚ ^ĞǀĞƌŶ tĂƚĞƌǁĂLJ ͻ hƉƐŝĚĞ ƉŽƚĞŶƟ Ăů ƚŚƌŽƵŐŚ ŵĂƌŬĞƚ ůĞĂƐŝŶŐ ͻ ůŽƐĞ ƚŽ ďŽĂƚ ůĂƵŶĐŚ͕ ďĞĂĐŚ͕ ůĂŬĞƐ ;D>^Ϳ
WZ/^d/E ͕ &h>>zͳZ EKs d ϲͳW> y
DOWNTOWN FENELON FALLS
Derek Green ^ĂůĞƐ ZĞƉƌĞƐĞŶƚĂƟ ǀĞ
Derek.Green@OntarioApartmentGroup.ca • P 705.536.0719 • M 705.872.7002 KŶƚĂƌŝŽ ƉĂƌƚŵĞŶƚ 'ƌŽƵƉ͕ ZĞͬDĂdž ĂƐƚĞƌŶ ZĞĂůƚLJ /ŶĐ͕͘ ƌŽŬĞƌĂŐĞ ϵϭ 'ĞŽƌŐĞ ^ƚƌĞĞƚ EŽƌƚŚ͕ ϮŶĚ &ůŽŽƌ͕ WĞƚĞƌďŽƌŽƵŐŚ KE <ϵ: ϳzϴ
Industrial Specialists Interested in the future potential of your property? Let us show you what we can do.
1.800.914.7510 spearheadpm.com | info@spearheadpm.com 5
INVESTMENT OPPORTUNITIES CBRE INVESTMENT TEAM
0 CAMERON STREET | BAYFIELD • • • •
4452 WELLINGTON RD. S. | LONDON
± 7.18 Acres =RQHG )XWXUH 'HYHORSPHQW 2I¿FLDO 3ODQ ± 5HVLGHQWLDO $VNLQJ
David Yanoshita* GDYLG \DQRVKLWD#FEUH FRP +1 519 286 2020
Greg Harris* JUHJ KDUULV#FEUH FRP +1 519 286 2011
21556 RICHMOND ST. | ARVA
• RFFXSDQF\ • %ULFN DQG %HDP LQ 'RZQWRZQ .LWFKHQHU • &ORVH SUR[LPLW\ WR 9LD 5DLO 6WDWLRQ DQG XSFRPLQJ /57 +XE 7UDQVLW 6WDWLRQ
Randy Fisher** UDQG\ ÀVKHU#FEUH FRP +1 519 286 2009
Todd Cooney** todd.cooney@cbre.com +1 519 340 2314
Larin Shouldice* ODULQ VKRXOGLFH#FEUH FRP +1 519 286 2019
DEVELOPMENT LAND | WOODSTOCK
• 6) FRQYHUVLRQ ZLWK UHWDLO UHVLGHQWLDO XQLWV • 6) PDLQ ÀRRU XQLW IXOO\ OHDVHG • /RFDWHG RQ 5LFKPRQG 6WUHHW LQ GHVLUDEOH $UYD ON, just north of London
• 'HYHORSPHQW /DQG DORQJ WKH +Z\ &RUULGRU • SDUFHOV DYDLODEOH $FUHV WR $FUHV
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David Yanoshita* GDYLG \DQRVKLWD#FEUH FRP +1 519 286 2020
Kevin MacDougall** NHYLQ PDFGRXJDOO#FEUH FRP +1 519 286 2013
RESIDENTIAL DEVELOPMENT | WATERLOO
RETAIL/OFFICE INVESTMENT | ELMIRA
• DFUHV ZLWK DFUHV GHYHORSDEOH • 6XEXUEDQ :DWHUORR ORFDWLRQ DQG NH\ UHWDLO amenities • &RQFHSWV \LHOG VWDFNHG WRZQV
Joe Benninger* joe.benninger@cbre.com +1 519 340 2323
100 AHRENS ST. W. | KITCHENER
• ±21.00 Acres • =RQHG $VVRFLDWHG 6KRSSLQJ $UHD &RPPHUFLDO $6$ $6$ $6$ K
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Martin Cote* martin.cote@cbre.com +1 519 340 2317
Joe Benninger* joe.benninger@cbre.com +1 519 340 2323
Dean Mariani* dean.mariani@cbre.com +1 519 340 2308
RESIDENTIAL DEVELOPMENT | PICTON • • • •
$FUHV UHVLGHQWLDO GHYHORSPHQW ODQG ,QVLGH VHWWOHPHQW ERXQGDU\ &RQFHSWV \LHOG ORWV 'HVLUDEOH ORFDWLRQ LQ 3ULQFH (GZDUG &RXQW\
Martin Cote* martin.cote@cbre.com +1 519 340 2317
James Craig* MDPHV FUDLJ #FEUH FRP +1 519 340 2330
1125 TALBOT STREET | ST. THOMAS • • • •
$FUHV ZLWK 6) EXLOGLQJ IRRWSULQW ,GHDO IRU 2ZQHU 8VHU =RQHG (PSOR\PHQW /DQG $VNLQJ 36)
Randy Fisher** UDQG\ ÀVKHU#FEUH FRP +1 519 286 2009
LONDON
WATERLOO REGION
WINDSOR
:HOOLQJWRQ 6WUHHW 6XLWH +1 519 673 6444
9LFWRULD 6WUHHW 6 6XLWH +1 519 744 4900
'H]LHO 'ULYH 6XLWH +1 519 252 4095
Larin Shouldice* ODULQ VKRXOGLFH#FEUH FRP +1 519 286 2019
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SPECIALIZING IN THE RESIDENTIAL CARE HOME INDUSTRY CURRENT LISTINGS: 8 bed Community Homes for Opportunities (CHO) in London Ontario SOLD 14+10 bed Community Home for Opportunities (CHO) in Grey County - PENDING 8 bed Community Homes for Opportunities (CHO) in SW Ontario 13 +1 Community Homes for Opportunities (CHO) in Durham Region 14 bed Retirement Home in Chatham-Kent area
LIST OR BUY with a professional that understands the Ontario Healthcare system, the care requirements, the legislation driving the business and the day-to-day operations that KDYH DQ LPSDFW RQ \RXU ƓQDQFLDO LQYHVWPHQW As a Registered Nurse and Real Estate Agent, I have personal experience in the operations of Long Term Care Homes, Retirement Homes, and Residential Care +RPHV 0\ H[SHULHQFH DQG VNLOO VHW DUH D YDOXDEOH UHVRXUFH EHIRUH GXULQJ DQG DIWHU WKH WUDQVDFWLRQ
George Gicopoulos
*
Email or Call me directly to get on my Buyer Distribution List
Sean Gicopoulos
Sales Representative Business-Commercial Sales and Leasing
ggicopoulos@gmail.com
Cell 519-852-4458 GRAND BEND DINER
Sales Representative Investments And Residential COMMERCIAL CANADA INC
WE MADE THE SWITCH TO EXP., MAYBE YOU SHOULD TOO!
seangic@gmail.com
Cell 519-852-4426
GREAT LONDON INVESTMENT • A-1 Location • 2 Side by side 12 unit
apartment buildings • 10-2 Bedrooms, 1
bachelor and 13 one bedroom • Gross income in the $255,000 per year • Rents way below market rents
• Main St Grand Bend, brand new diner $325,000 under development w/ financing available • Approximately 80 seats. • Great opportunity for year round operation • Breakfast, lunch, dinner or possible 24 hour your call
1 MILL ST STIRLING ON
• • • • •
Great starter investment $379,000 In the middle of Stirling, On Property being renovated for a new tenant 5 year net-net lease with renewals A 6% cap rate
$5.25 Million
KAPUSKASING ROADHOUSE
$995,000
• Property building and equipment • Great opportunity for the entrepreneur • Fully equipped and extensively renovated • Free standing over 4,000 building with ample on site parking • Start your own concept here
LONDON FRANCHISE BAR & GRILL • Renovated and in top condition • Sales well above 3 mil with great profits • Licenced for 187 inside plus 47 on patio • Free standing with plenty of parking • Truly a money maker
Asking $895,000 PRESCOTT SALE OR LEASE • Middle of Town Corner location with ample parking • 2,400 sq ft building former Circle K with Subway • Ideal for convenience store with most equipment still in place • Zoning permits many other office & commercial uses
$645,000 or $17/sq ft 7
$4,299,900 &+$5Ζ1* &5266 6WUHHW %UDQWIRUG 2QWDULR 1 5 ; 0/6
Shawn MacDonald
Salesperson
519-771-8414
5 PARCELS OF LAND WITH MIXED RESIDENTIAL AND COMMERCIAL
5 PARCEL PACKAGE - Combined to make 4.722 acres in the core of core of the booming Brantford, Ontario, . Including 9 retail store fronts with an additional 4-7 rental units in rear. The retail plaza is fully tenanted and allows for a great return. Over 25000 sq ft of retail plus storage. PLUS - 3 acre Residential building lot. (3 parcels, combined, to make approx. 3.01 acres.) Zoned H-R4A, this SURSHUW\ KDV ORDGV RI IXWXUH SRWHQWLDO 8S WR 97% DYDLODEOH WR TXDOLȴHG SXUFKDVHU
INCOME AND EXPENSE AND GEO-TECHNICAL REPORT AVAILABLE UPON REQUEST 8
contents 16 22
Five tips to manage your cash flow
NEXT ISSUE:
Canadian commercial property sector hit by Outdated assessments and rising tax burden
ADVERTISING DEADLINE:
January 1, 2022 December 10, 2021
REGIONS Kitchener, Waterloo & Guelph ............. 10 Hamilton ............................................. 17 Greater Toronto Area.............................18 Eastern Ontario .....................................20 Niagara .................................................26
TORONTO GUELPH KITCHENER/ WATERLOO
OTTAWA
LONDON HAMILTON NIAGARA
TO ADVERTISE Harrison Racioppo
DIRECTOR OF PRINT MEDIA Lauren Reid-Sachs
1.888.532.2589
GRAPHIC DESIGNER & ASSISTANT MANAGER Alicesa Pullan
harrison@mediaclassified.ca Chris Bosnich
1.888.532.2609 chris.bosnich@mediaclassified.ca
GRAPHIC DESIGNER & PRE-PRESS COORDINATOR Hannah Yarkony
PRESIDENT & PUBLISHER Leo Racioppo leo@mediaclassified.ca
GRAPHIC DESIGNERS Johannah Lorenzo, Mike Terentiev
CHIEF OPERATING OFFICER John Racioppo john@mediaclassified.ca
All submissions from interested parties will be considered. Please submit to the editor at editorial@mediaclassified.ca
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HOME OFFICE 610 Applewood Crescent, Suite 401, 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 2021. 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.
KITCHENER/WATERLOO GUELPH & CAMBRIDGE
519.742.7000 www.coupalmarkou.com
SALE
24 LAUREL STREET, WATERLOO
SALE
ER D N U CT A R NT O C
55 GLAMIS ROAD, CAMBRIDGE
ER D N U CT A R NT O C /RFDWHG QHDU (OJLQ 6W 1 DQG *ODPLV 5G 0&&6 =RQHG LQGXVWULDO ODQG ZLWK ODUJH VWHHO RQ VLWH $FUH
(DV\ DFFHVV WR (UE 6W %ULGJHSRUW 5G DQG .LQJ 6W $PSOH RQVLWH SDUNLQJ VT IW (VWLPDWHG MLS
SALE
84 ELORA STREET, CLIFFORD
MLS
SALE
/RFDWHG RQ 1RUWK HQG RI &OLIIRUG ZLWK KLJKZD\ H[SRVXUH $FUHV RI & +LJKZD\ &RPPHUFLDO 'HYHORSPHQW VLWH
MLS
SALE
42 GROFF PLACE, KITCHENER
325 KING STREET EAST, KITCHENER
MLS
MLS
54 QUEEN STREET, KITCHENER
/RFDWHG LQ 'RZQWRZQ .LWFKHQHU %X\HU XVHU SRWHQWLDO WR RFFXS\ EXLOGLQJ VT IW
EXCLUSIVE
50-54 KING STREET SOUTH, WATERLOO
SALE
/RFDWHG LQ WKH FRUH RI GRZQWRZQ .LWFKHQHU 3RWHQWLDO GHYHORSPHQW RI UHVLGHQWLDO XQLWV ZLWK VT IW PDLQ ÁRRU FRPPHUFLDO VSDFH
SALE
'RZQWRZQ +DPLOWRQ 3ULPH &RPPHUFLDO &RQGR 8QLWV =RQHG ' DOORZLQJ IRU D YDULHW\ RI XVHV VT IW RI DYDLODEOH VSDFH IURP VT IW DQG XS &RQWDFW /LVWLQJ %URNHUDJH
&RUQHU ORFDWLRQ LQ 8SWRZQ :DWHUORR DW LQWHUVHFWLRQ RI .LQJ 6W 1 3ULQFHVV 6W ( VT IW VT IW LQ EDVHPHQW
MLS
186 CLOVER PLACE, KITCHENER
SALE
D L O S +XURQ %XVLQHVV 3DUN ZLWK =RQLQJ (03 6XEMHFW WR $SSURYDO
DFUHV
150 MAIN STREET WEST, HAMILTON
SALE
D L O S %HGURRP VXLWHV VHSDUDWHO\ PHWHUHG IRU K\GUR &RPSUHKHQVLYH LQIR SDFNDJLQJ DYDLODEOH :HOO PDLQWDLQHG DQG SURIHVVLRQDOO\ PDQDJHG
EXCLUSIVE
Christopher Coupal
John Markou
Theo Papadopoulos
Broker of Record, Principal christopher@coupalmarkou.com 519-742-7000 x 101
Broker, Principal john@coupalmarkou.com 519-742-7000 x 102
Sales Representative theo@coupalmarkou.com 519-742-7000 x 103
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
10
COMMERCIAL INVESTOR | Commercial Real Estate & Business Opportunities
November 20, 2021–January 1, 2022
KITCHENER/WATERLOO GUELPH & CAMBRIDGE
519.742.7000 www.coupalmarkou.com
LEASE
7 DUKE STREET, KITCHENER
• Located in Downtown Kitchener • Ideal for lawyers, accountants and other professional users • 1,239 – 2,025 sq ft MLS • $8.95 / sq ft net
LEASE
1440 KING STREET NORTH, ST JACOBS
STREET NORTH, LEASE 1486 VICTORIA KITCHENER
LEASE
• &RUQHU RI 9LFWRULD 6W 1 %LQJHPDQ &HQWUH 'U Lackner Blvd • 6WRUHIURQW ZLWK VKRZURRP RIÀFH • 3,937 sq ft MLS • $9.50 / sq ft net
• In the core of Downtown Kitchener near Francis St N • 0DLQ ÁRRU SULYDWH OREE\ ZLWK JUHDW VLJQDJH opportunities • 5,649 sq ft MLS • $12.50 / sq ft net
STREET NORTH, LEASE 1373 VICTORIA KITCHENER
LEASE
L • 5HWDLO 2IÀFH VSDFH LQ WKH 0LOO GLVWULFW LQ 6W Jacobs • C-1 Zoning allows for many uses • 1,696 sq ft MLS • $13.95 / sq ft net
LEASE
136 KING STREET SOUTH, WATERLOO
• Situated on King St S and William St E in Uptown Waterloo • 0RYH LQ UHDG\ SURIHVVLRQDO RIÀFH ORFDWLRQ RQ HQWLUH UG ÁRRU • 3,590 sq ft • $22.00 / sq ft net MLS
83 ONTARIO STREET SOUTH, KITCHENER
D E S EA
• /RFDWHG QHDU /DFNQHU %OYG %LQJHPDQV &HQWUH 'U • Retail space available in clean, well maintained building • 2,700 sq ft
MLS
LEASE
340 KING STREET WEST, KITCHENER
255 NORTHFIELD DRIVE EAST, WATERLOO
• /RFDWHG RQ WKH FRUQHU RI 1RUWKÀHOG 'U ( Bridge St • Surrounded by existing residential neighborhood • 1,817 – 2,340 sq ft MLS • $27.00 - $35.00 / sq ft net
• Located on Ontario St S, near Charles St W • D1 Zoning allows for a wide variety of uses • 1,100 sq ft • $19.00 / sq ft net
LEASE
35 KING STREET NORTH, WATERLOO
• Historically registered building in Heart of Uptown Waterloo • Early 2022 availability • 15,100 sq ft • $22.00 - $35.00 / sq ft net
Christopher Coupal
John Markou
Theo Papadopoulos
Broker of Record, Principal christopher@coupalmarkou.com 519-742-7000 x 101
Broker, Principal john@coupalmarkou.com 519-742-7000 x 102
Sales Representative theo@coupalmarkou.com 519-742-7000 x 103
MLS
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 20, 2021–January 1, 2022
Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR
11
KITCHENER/WATERLOO GUELPH & CAMBRIDGE
WANTED LOCATION, LOCATION, LOCATION. GREAT OPPORTUNITY TO ACQUIRE THIS 12-UNIT BUILDING WITH UPDATED WINDOWS, ROOF, AND BOILER.
MULTI -FAMILY BUILDINGS 4 TO 100 UNITS
FOR LEASE $15 PER SQ FT 3 UNITS AVAILABLE 490 SQ FT - 1330 SQ FT AND 1460 SQ FT CALL US TODAY.
LEASE SPACE FOR RETAIL, COMMERCIAL, INDUSTRIAL FROM 1200 TO 5000 SQ FT.
CALL4COMMERCIAL@GMAIL.COM
REALTY INC. BROKERAGE
FRANK PONTES*
519 York St., London, Ontario
519-649-6900
DALIBOR RADULOVIC Sales Representative
ANDY LAIL*
AUSTYN BARIL*
Sales Representatives*
CHRIS MOSSEY Sales Representative
519-885-8810 info@4mcommercialgroup.com
TUNDE ABIODUN Broker
385 Frederick Street, Unit 32 Kitchener, Ontario N2H 2P2
ROB PIOMBINI Broker
HomeLife Power Realty Inc., Brokerage*
*Independently Owned and Operated
Email us Today at info@4mcommercialgroup.com to receive our Exclusive Monthly Industry News Letter!
12
UNDER CONTRACT
UNDER CONTRACT
68 Dunlop Street
34-36 Vansittart Ave, Woodstock ON
30 Chatham Street
16 unit renovated top to bottom interior and exterior. 7XUQNH\ FDVK ŴRZLQJ SURSHUW\ &ORVH WR 2ULOOLD downtown Core and Hospital. $3,999,900.
Completely Renovated, Turnkey, 8 Plex in Woodstock, ON. Easy Access to all Amenities. $1,699,900.
22 unit fully renovated with brand new glass balconies. 8 Separate Garages with Garage Doors and Man Doors *UHDW IRU 6WRUDJH 7XUQNH\ FDVK ŴRZLQJ SURSHUW\ &ORVH to Brantford downtown Core. $5,500,000.
COMMERCIAL INVESTOR | Commercial Real Estate & Business Opportunities
UNDER CONTRACT
November 20, 2021–January 1, 2022
KITCHENER/WATERLOO GUELPH & CAMBRIDGE
www.teammilovick.com
519-745-7000
Grand Valley Realty BROKERAGE INDEPENDENTLY OWNED AND OPERATED
Unit 15C, 370 Highland Road West, Kitchener, ON N2M 5J9 | 519-745-8460
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
147 WEBER Street N Unit #B, Waterloo, Ontario N2J 3G9
F-111-275 Larch Street, Waterloo
$499,990
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F-203-275 Larch Street, Waterloo
$599,900 (SPTT "OOVBM *ODPNF "WBJMBCMF )FSF 0QQPSUVOJUZ BCPVOET $MFBO BOE UVSO LFZ UIJT NPEFSOJ[FE 3FOUBM -JDFOTFE $JUZ "QQSPWFE IPNF CFDLPOT GPS ZPVS JNNFEJBUF BUUFOUJPO /PUF VQEBUFE LJUDIFO XJUI XIJUF DBCJOFUSZ BOE UJMFE HMBTT CBDL TQMBTI OFXFS BQQMJBODFT OFX GSPOU QPSDI SBJMJOH XJUI DPNQPTJUF EFDLJOH VQEBUFE WJOZM QMBOL þ PPSJOH GSFTI QBJOU MBOETDBQJOH 4PNF SFDFOU CBUISPPN VQEBUFT -BSHF CBDLZBSE XJUI FYUFOTJWF EFDL /FXFS WJOZM XJOEPXT 6QEBUFE MJGF TBGFUZ TZTUFNT %SJWFXBZ DBO BDDPNNPEBUF UISFF DBST -PDBUFE JO DMPTF QSPYJNJUZ UP 4PCFZ T 1MB[B 6QUPXO 8BUFSMPP BOE 8JMGSJE -BVSJFS 4UFQT BXBZ GSPN -BVSFM 5SBJM OFUXPSL 8JUI TPMJE QPTJUJWF DBTI þ PX BOE MFBTFT JO QMBDF UP FOE PG "VHVTU UIJT PQQPSUVOJUZ DPVME XPSL WFSZ XFMM GPS JOWFTUPS MPPLJOH GPS B GPPUIPME JO UIF MVDSBUJWF 8BUFS MPP JODPNF QSPQFSUZ NBSLFU PS QBSFOU CVZFS XJUI LJE HPJOH UP VOJWFSTJUZ /JDF QSJDF QPJOU /P DPOEP GFFT PO UIJT GSFFIPME IPNF -FU NF TFOE ZPV BO *OWFTUPS 8PSL 4IFFU UP TIPX ZPV IPX MLS® UIJT QSPQFSUZ DBO XPSL GPS ZPV 423 Tamarack Drive, Waterloo
$749,000
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November 20, 2021–January 1, 2022
$349,900
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F105 275 Larch Street, Waterloo
$499,900
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Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR
13
KITCHENER/WATERLOO GUELPH & CAMBRIDGE
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ĂĐŚ ŽĸĐĞ ŝƐ /ŶĚĞƉĞŶĚĞŶƚůLJ KǁŶĞĚ ĂŶĚ KƉĞƌĂƚĞĚ 14
COMMERCIAL INVESTOR | Commercial Real Estate & Business Opportunities
November 20, 2021–January 1, 2022
KITCHENER/WATERLOO GUELPH & CAMBRIDGE
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ĂĐŚ ŽĸĐĞ ŝƐ /ŶĚĞƉĞŶĚĞŶƚůLJ KǁŶĞĚ ĂŶĚ KƉĞƌĂƚĞĚ November 20, 2021–January 1, 2022
Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR
15
Five tips to
manage your cash flow
Cash is king – a common saying in the business world. But surprisingly, few entrepreneurs take steps to manage their cash flow so they don’t wind up with an empty bank account and nothing to pay the bills. “One of the main causes of business failure is poor cash flow management,” says Susan Rohac, VP, Growth and Transition Capital at the Business Development Bank of Canada (BDC). The good news is, cash flow management can be improved with a few simple steps. “Getting control over your cash flow helps you prepare for slow periods, plan your financing and have peace of mind,” Rohac says. Here are five steps to get a better handle on your cash flow.
1. Check your profitability
First, make sure your business is earning a reasonable profit. Even the greatest cash flow management won’t help if your fundamentals are out of whack. Analyze each product and service separately to see whether it’s pulling its weight. Make sure your products are appropriately priced, and work to eliminate inefficiencies. Instead of just chasing sales, chase profitable sales. Mike Whittaker’s company, Bonté Foods, learned the hard way after facing large cost overruns on two major projects. The deli meat maker in Dieppe, New Brunswick, a suburb of Moncton,
16
had to act quickly to restore his cash position. He analyzed his profitability and realized he had to raise prices to better reflect costs. Whittaker also unloaded lower-margin product lines and launched an efficiency drive while tightening cash-flow management. The changes had a huge impact, producing higher sales and profit margins. “We learned to watch our cash very carefully,” Whittaker says. “You need to always be ahead of the curve on cash-flow management.”
2. Do a cash-flow projection
Next, prepare a cash-flow projection for the coming year. This is your early-warning system for cash-flow hiccups. Use an Excel spreadsheet or accounting software to plug in expected monthly cash inflows and outflows, including anticipated bigticket purchases. Use the projection to anticipate slow periods and plan in advance what to do about them. “Through the year, check your actual cash position regularly—once a week or month— against your projection to see how you’re doing and deal promptly with any divergences,” says Rohac.
COMMERCIAL INVESTOR | Commercial Real Estate & Business Opportunities
3. Finance big buys instead of draining cash
One of the most common cash-flow mistakes is using cash to buy a major long-term asset, instead of getting financing. Even if you feel flush right now, you may suddenly wind up short of cash if you experience a sudden revenue shortfall or rapid growth. Use your cash-flow projection to plan your financing needs ahead of time, not in the midst of a crisis, when bankers may be wary to lend. Rohac also recommends matching the lifespan of a purchase with financing of similar duration.
4. Speed up cash inflows
Getting money into your business more quickly can save you carrying costs on your line of credit. Some tips: Send out invoices more quickly, ask customers to pay electronically and charge interest to slow-payers.
5. Raise cash quickly in a crunch
Facing an unexpected cash-flow crunch? You can raise cash quickly using various techniques: Approach your bank for help; check your inventory and assets to see what you can sell off, even at a discount; ask suppliers or your landlord for extra time to pay bills; or offer your customers a big discount to earn some quick sales. CI Source: bdc.ca
November 20, 2021–January 1, 2022
HAMILTON 8 UNIT MULTI-PLEX, HAMILTON
4 UNIT MULTI-PLEX, HAMILTON
LAND DEVELOPMENT OPPORTUNITY
THOROLD
Welcome to 311- 313- 313 1/2 Main St West a turn key, well-appointed 3 attached Victorian Row Houses consisting of 8 units. Owners have maintained property which shows via unit condition. Popular West Hamilton location is prime area for rentals. Separate Hydro Meters. G^p Khh_% >Zo^l +)*1' ?bk^ K^mkhÛm <^kmbÛ\Zm^' * OZ\Zgm ngbm' / mZg]^f iZkdbg` liZ\^l' Inee lmZmbhgl bg ^Z\a ngbm' <hbg operated laundry. MLS. $1,975,000
Incredible investment opportunity in the highly sought after Kirkendal neigh[hnkahh] P^e\hf^ mh +1/&+11 Angm^k St W - this 4-unit multi-res is close to all of the best Hamilton has to offer. This investment offers a single family home with attached triplex perfect for supplef^gmZe bg\hf^' <ehl^ mh Eh\d^ Lm% =ngdurn St, Public Transit, Highway Access, McMaster University, Hospitals and =hpgmhpg <hk^' FEL' $1,150,000
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 ;kh\d Ngbo^klbmr <Zfinl !*. Fbgnm^l"% GbZ`ZkZ <hee^`^ !*df" g^p k^lb]^gmbZe developments, plaza for shopping and all amenities and close by to Hiway Access.Neighbouring Plazas in Photos. Land only for sale. MLS. $3,250,000
ROY A. BOYES REAL ESTATE 519-397-0928 boyesre@gmail.com GAS STATION LAND GOLF BAR – RESTAURANT GOLF PLAZA PIONEER GAS PLAZA PLAZA ESSO DEVELOPMENT LAND BAR + RENTAL DAISY VARIETY GOLF PHARMACY November 20, 2021–January 1, 2022
5 ACRES, GAS + PLAZA. ASK 2M S.W. ONT. 18, + DEV. LAND. ASK 1.7M GROSS 2.5M. ASK 600K 18, GROSS 450K. ASK 1.2M 7 CAP, S.W. ONT. ASK 2.9M 8M LITRES, ASK 4.7M TWO TENANTS, VARIETY, ASK 499K 3 TENANTS, 7 CAP. ASK 1M NEWER, 5M LITRES, ASK 3.8M DURHAM, 37 ACRES, ASK 2M ONLY 300K, TURNKEY GROSS 700K, ASK 125K GROSS 750K, ASK 2.5M 42000 R*. ASK 1.4M Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR
17
GREATER TORONTO AREA
TORONTO APARTMENT
Property Available
Picton Prince Edward County
18 Suites in Prime Parkdale – steps to the Lake House form building with well designed bachelor units 3 units and common area full updated – 40% rental upside
Call for Details – Asking 3% Cap Rate
Lorenzo Digianfelice
416-907-8281 ldigianfelice@cfrealty.ca
Brick and stone century old building with 4 residential & 3 commercial units. 2 commercial units presently leased. &KDUDFWHU QDWXUDO WRSRJUDSK\ DW WRS RI 3LFWRQ·V WRZQ KLOO DOORZV VLJQLÀFDQW SHGHVWULDQ LQWLPDF\ ZLWK close proximity to Picton Harbour. Prince Edward County is one of the fastest growing regions owing to viticulture and tourism.
MLS 40135781
$1,490,000
35 The Links Road #201, Toronto, ON, M2P 1T7 Phone: 416-972-9220
278 Woolwich St S Breslau ON
located 5 min from Kitchener-Waterloo 10 min to Cambridge and Guelph • Approximately .75 of an acres • Fully fence yard with security gate • 6500 sq ft of Buildings • 3200 sq ft of self storage • There is a mix of uses. Main shop • 9 additional smaller shops • 38 self storage units • Show a great income of $125000.00 a year • All shop tenants on long term leases • Property is zone M-1 Dry Industrial • Phase 1 & 2. Environmental was completed in February 2021
$1,695,000 18
COMMERCIAL INVESTOR | Commercial Real Estate & Business Opportunities
Call Trevor Roy for more information and to view the property
519-778-7669
Absolutely No Agents. November 20, 2021–January 1, 2022
GREATER TORONTO AREA
COMMERCIAL, RESIDENTIAL AND PROPERTY MAINTENANCE SERVICES
9K¸¸ĄÝČK Č yĩ¸¸ť ÇČĩĄKA ÇA 9ÝÇAKA Ś ě їљӕќ ČĩĀKĄ ÇěKÇAKÇě 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 ĄljɰȈǁljȶɽȈƃȢ ƃȶǁ Ýǹˎ ƺlj ÃƃȈǁ ČljɨʤȈƺljɰ And more
bellrosejanitorialservices.com
416-389-7805
info@bellroseinc.com November 20, 2021–January 1, 2022
Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR
19
EASTERN ONTARIO
CLARINGTON IS HOT!!! $3,500,000
BUSY HIGHWAY #2 – 3 STOREY BUILDING – DOWNTOWN CORE 3,000 Sq.Ft. Tenant long lease, plus six apartments. $$$ in recent upgrades, very good conditions, strong. Upside potential.
$450,000
INDUSTRIAL CONDO CLOSE TO 401 EXIT 1,350 sq. ft. with mezzanine, 3 phase power, 14’ roll up door – ideal for small business. Or invest and rent out. Won’t last.
$1,450,000
BOMBSHELL! BUILDING & FOOD BUSINESS 3 Storey building with licensed 70 seats. Excellent condition! Great business!! Very popular. Features 2 apartments for rent or for live-in! What a sharp deal! Busy building & business & live-in. Owner retiring. bargain deal.
$7.75 SQ. FT.
OFFICE SPACE OSHAWA Cheap,cheap. Ready to move in, fully accessible, easy 401 access. Onsite parking!
RETAIL SPACE NEXT TO LCBO – NEWCASTLE Busy Highway #2, Next to National. “Shadow Anchors”. CIBC, Town Hall, Shoppers, No Frills. Available 920 sq.ft. and 2,250 sq. ft. Growing & busting out community.
John Shewchuk
Royal LePage Frank Real Estate, Brokerage
SALES REPRESENTATIVE
Cell: 905-404-5038
OFFICE: 905-623-3393
WE HELP YOU GROW YOUR DREAMS
)HDWXULQJ &RPPHUFLDOÝ,QGXVWULDOÝ)UDQFKLVH %XVLQHVV 2SSRUWXQLWLHV
FREE
September 31–October 30, 2019 Volume 19 | Issue 1
'VMM $PWFSBHF "SFB *ODMVEJOH -POEPO À ,JUDIFOFS À /JBHBSB 'BMMT À )BNJMUPO À 5PSPOUP À 0UUBXB TRENT HILLS | 14.29 ACRES WITH EXCELLENT ROAD FRONTAGE
Introducing “The Ridge” 14.29 Acres Ideally Situated Abutting The 8UEDQ %RXQGDU\ 2YHU /RRNLQJ 7KH 7UHQW 6HYHUQ &DQDO $V ´µ,QÀOOµµ As They Come, This Parcel Is Nestled Amongst Residential Homes w/ Excellent Road Frontage On 6th Line West+Victoria St. Municipal Services Only Steps Away, This Property Is A Blank Canvas For Your “Inner” Developer. Mins. Away From Downtown Campbellford Right Off County Rd 30/Grand Rd. Ideal Investment For Future Development. MATTHEW GARNET SALES REPRESENTATIVE RE/MAX WEST REALTY INC., BROKERAGE. DIRECT: 416.509.3036 OFFICE: 905.773.8000 EMAIL: MatTheLandFinder@gmail.com
353-357 ARVIN AVENUE, STONEY CREEK
VTXDUH IHHW GULYH LQ GRRUV WUXFN OHYHO DFUHV 0 ]RQLQJ 3HUPLWV D ZLGH UDQJH RI XVHV LQFOXGLQJ PRWRU YHKLFOH UHSDLU DQG RXWVLGH VWRUDJH CONTACT: MICHAEL BABBIE, Sales Representative mbabbie@cbci.ca | D 289 725 5088 | C 647 272 5899 MICHAEL SCHULER, Senior Vice President & Partner mschuler@cbci.ca | D 289 291 5067 | C 416 274 7467
LARGE AND SMALL APARTMENT BUILDINGS WANTED
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20
COMMERCIAL INVESTOR | Commercial Real Estate & Business Opportunities
D TE AN W
ED NT A W
W AN TE D
62/' %< :,1&253 5($/7< ,1& /DUJH DQG 6PDOO $SDUWPHQW %XLOGLQJV DQ\ZKHUH LQ 2QWDULR +DYH PDQ\ &$6+ %X\HUV UHDG\ WR LQYHVW 12: 6SHFLDOL]LQJ LQ PXOWL UHVLGHQWLDO VDOHV IRU RYHU \HDUV 5HIHUHQFHV VXSSOLHG &RQÀ GHQWLDOLW\ JXDUDQWHHG CONTACT: WINSTON DAVIES, BROKER OF RECORD WINCORP REALTY INC. REAL ESTATE BROKERAGE GUELPH, ON TEL: 519-836-2080 EMAIL: wjmdavies@rogers.com
The Best Selection of Commercial, Industrial, Franchise and Business Opportunities November 20, 2021–January 1, 2022
EASTERN ONTARIO
:HVW (QG 3OD]D
'RQ·W OHW WKLV LQFUHGLEOH LQYHVWPHQW RSSRUWXQLW\ SDVV \RX E\ )LUVW WLPH WKH :HVW (QG 3OD]D ORFDWHG RQ 'XQGDV 6WUHHW :HVW LQ 7UHQWRQ LV IRU VDOH 7KLV VT IW KLJK WUDIÀF SOD]D WZR buildings) is within a short distance to two high VFKRROV PXOWL XQLW UHVLGHQWLDO EXLOGLQJV DQG QHZ KRXVLQJ GHYHORSPHQWV (VWDEOLVKHG LQ WKLV SOD]D KDV ORZ WHQDQWV WXUQ RYHU DQG LW is currently 100% occupied. :LWK SDUNLQJ VSDFHV DQG DFUHV LQ WRWDO WKH SOD]D KDV SOHQW\ RI VWDII FXVWRPHU DQG WHQDQW SDUNLQJ IRU FRPPHUFLDO DQG DSDUWPHQW XQLWV
$9,500,000
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FOR MORE INFORMATION, VISIT WWW.WESTENDPLAZA.CA
TRENTON PROPERTY 7KH 7UHQWRQ FOXVWHU LV FRPSULVHG RI ÀYH SURSHUWLHV including three buildings and two parcels of land in the heart of downtown Trenton at the main intersection of Dundas Street West and King 6WUHHW 7KH SURSHUWLHV RIIHU D GLYHUVH LQFRPH stream with rental upside and features Scotiabank as the anchor tenant.
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$5,200,000
BELLEVILLE PROPERTY 7KH %HOOHYLOOH SURSHUW\ LV IXOO\ RFFXSLHG ZLWK D GD\FDUH RSHUDWLQJ RQ WKH PDLQ ÁRRU DQG VWRUDJH VSDFH EHLQJ OHDVHG WR D ODZ ÀUP 7KLV DVVHW LV ORFDWHG GLUHFWO\ DFURVV WKH VWUHHW IURP 4+& %HOOHYLOOH *HQHUDO +RVSLWDO 7KLV SRUWIROLR SUHVHQWV LQYHVWRUV ZLWK D XQLTXH LQYHVWPHQW RSSRUWXQLW\ WR DFTXLUH FHQWUDOO\ ORFDWHG DVVHWV ZLWK GLYHUVH LQFRPH VWUHDPV DQG VHFXULW\ WR WKH XQGHUO\LQJ FDVK ÁRZ IURP D SURPLQHQW &DQDGLDQ ÀQDQFLDO LQVWLWXWLRQ
FOR MORE INFORMATION, VISIT WWW.INVESTMENTBUILDINGS.CA
JAMIE TROKE BROKER OF RECORD
EKORT REALTY LTD. 613-969-9901 613-967-7208
jamie@ekortrealty.com www.ekortrealty.com
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November 20, 2021–January 1, 2022
Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR
21
Canadian commercial property sector hit by
Outdated assessments and rising tax burden
Altus Group Ltd., a leading provider of commercial real estate (“CRE”) services, software, and data solutions, in partnership with the Real Property Association of Canada (“REALPAC”), has today released its Canadian Property Tax Rate Benchmark Report for 2021 which provides an in-depth look at commercial and residential property tax rates in 11 cities across Canada, and reveals that some cities are potentially exposed to an unfair property tax system.
The report looked at two variables which affect property tax rates – property market value assessments, which are carried out by Provincial governments, and the commercial-to-residential tax ratio. The research found that the market value assessments in some cities are severely delayed and outdated, and that the commercial-to-residential tax ratio is up by 3.0 per cent compared to 2020, meaning a greater tax burden for businesses in those cities.
Market value property assessments
There is a large variation in market value property assessments across Canada due to valuation date lags, differing cycle lengths and, in some cases, delays of reassessments. The result is that tax decisions will be based on data that is up to eight years out of date and which does not reflect actual market value of properties, increasing the risk of unfair property taxation impacting Canadian businesses.
22
Commercial-to-residential tax ratio
The commercial-to-residential tax ratio analyzes the differing tax rates between commercial and residential properties, which is done by comparing the commercial tax rate versus the residential tax rate. For example, if the ratio is 2.50, this means that the commercial tax rate is twoand-a-half times (2.5x) the residential tax rate. The 2021 report found that seven out of the 11 cities surveyed have a commercial tax rate which is more than double the residential tax rate, which means that a commercial property would incur property taxes more than twice the amount of an equally valued residential property, resulting in a negative impact for commercial businesses in those cities. The report shows that the average commercial-to-residential tax ratio in Canada is 2.73, up 3.0 per cent from 2.65 in 2020. This is in part driven by
COMMERCIAL INVESTOR | Commercial Real Estate & Business Opportunities
a significant increase in Vancouver’s ratio which rose 48.3 per cent to 3.41 in 2021, due to the reversal of the commercial Education Tax reduction implemented by the province for 2020, in response to the economic circumstances driven by the pandemic. In addition, Calgary’s ratio increased by 7.8 per cent to 2.78 and Edmonton’s ratio rose by 5.7 per cent to 2.52. Both cities experienced reductions in their non-residential assessment bases as a result of the economic impact of the pandemic, leading to increases in the commercial tax rates whilst the residential rates either increased at a lesser rate or decreased. Saskatoon and Regina posted some of the lowest rates at 1.61 and 1.51 respectively. “So many cities are behind when it comes to property assessments, and it’s a big issue that some assessments are on track to be eight years outdated,” said Terry Bishop, President of Property Tax Canada at Altus Group. “While it is disappointing to also see the average commercialto-residential tax ratio rise in Canada, given the extraordinary pressure businesses have experienced over the last 18 months, it has been driven by a colossal increase in one city due to a reversal of a tax reduction, along with incremental increases seen in three other cities. It’s promising to see that the majority of cities in Canada have seen a reduction of this ratio, with places such as Saskatoon and Regina seeing substantial decreases. Canadian governments
November 20, 2021–January 1, 2022
need to prioritize pushing down these rates and bringing their property assessments up to date in order to decrease inequality and better support existing businesses and job growth.”
Commercial and residential rates
The average estimated commercial property taxes per $1,000 of assessment among the cities surveyed was $23.88, representing a slight increase of 1.3 per cent between 2020 and 2021. Montreal, Quebec City and Halifax continued to post the highest estimated commercial tax rates for the eleventh consecutive year, meanwhile Vancouver posted the lowest rates at just short of $10.00. There was a 1.9 per cent increase to the average residential tax rate in 2021, with the average estimated residential property taxes per $1,000 of assessment among the cities surveyed rising slightly to $9.15, compared to $8.97 in 2020. Low residential rates are a key factor in leading to a high commercialto-residential ratio, and the cities of Vancouver, Toronto and Calgary posted some of the lowest rates.
Year-Over-Year Commercial-to-Residential Tax Ratios City
2021
2020
% Change 2020 to 2021
Vancouver
3.41
2.30
48.28%
Calgary
2.78
2.58
7.84%
Edmonton
2.52
2.38
5.71%
Average
2.73
2.65
2.99%
Montreal
4.17
4.11
1.49%
Quebec City
3.47
3.47
0.00%
Winnipeg
1.93
1.94
-0.61%
Halifax
2.85
2.88
-0.79%
Ottawa
2.37
2.46
-3.36%
Toronto
3.44
3.62
-4.98%
Saskatoon
1.61
1.72
-6.29%
Regina
1.51
1.74
-13.42%
rose 1.5 per cent in 2021, marking the second year in a row to post a commercial-to-residential ratio exceeding 4:1. The ratio first rose above the survey average in 2008 and has been steadily climbing since, increasing 16 out of the last 18 years. • Quebec City first climbed above the average in 2013 and remains well above the average in 2021 with a ratio of 3.47. • Halifax saw a slight decrease in commercial rates and a lesser decrease Market-by-market in residential rates, resulting in a ratio trend analysis: decrease of 0.79 per cent to 2.85. • Vancouver’s ratio began trending • Edmonton saw an increase to the downward in 2017 to a historic low of city’s ratio of 5.7 per cent in 2021 but 2.30 in 2020, but the 2021 reversal remains just below the average with a of the Provincial School Tax reduction ratio of 2.52. of 2020 caused the city’s ratio to • Ottawa has slowly been decreasing rebound to 3.41. Vancouver returns to since 2017 and now posts a ratio of sitting well above the average ratio. 2.37. • Calgary’s downtown office properties • Toronto continued its 17-year trend of continue to struggle, resulting in a decreasing its ratio. This is consistent shrinking non-residential tax base. with the City’s strategy to enhance With increasing commercial tax rates the business climate by reducing tax and a decreasing residential tax rate, rates for commercial, industrial, and Calgary returns to the trend of a rising multi-residential properties to target commercial-to-residential ratio now 2.5 times that of the residential tax sitting above the survey average at 2.78. rate. The City expects to reach this • Montreal continued a threetargeted tax ratio by 2023, however, year trend of posting the highest commercial rates will need to come commercial-to-residential ratio, down more if Toronto is to meet this currently sitting at 4.17. The city’s ratio goal ratio. November 20, 2021–January 1, 2022
• Winnipeg saw a slight decrease in commercial rates and a simultaneous increase in residential rates, resulting in a ratio decrease of 0.6 per cent to 1.93. • Saskatoon and Regina ratios decreased in 2021 by 6.3 per cent and 13.4 per cent, respectively, after remaining relatively stable from 20172020. A copy of the Altus Group 2021 Canadian Property Tax Rate Benchmark Report can be downloaded at: altusgroup.com
About Altus Group Ltd.
Altus Group Ltd. is a leading provider of software, data solutions and independent advisory services to the global commercial real estate industry. Our businesses, Altus Analytics and Altus Expert Services, reflect decades of experience, a range of expertise, and technology-enabled capabilities. Our solutions empower clients to analyze, gain insight and recognize value on their real estate investments. Headquartered in Canada, we have approximately 2,600 employees around the world, with operations in North America, Europe and Asia Pacific. CI For more information on Altus Group, please visit: altusgroup.com.
Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR
23
NIAGARA
BUSINESS FOR SALE... $219,900
MLS: 40151298 NAME: Union Jack Fish & Chips LOCATION: 300E Fourth Ave., St. Catharines SIZE: 1,445 sq.ft. BUSINESS Sun/Mon - CLOSED HOURS: Tues/Wed - 3:00-7:30 pm Thurs/Fri - 11:30-7:30 pm Saturday - 3:00-7:30 pm
RICK HAWES, Broker ׃ׇׁ׀ׇّׄ׃ّׅ׀ rick@homesniagara.com
NRC Realty, Brokerage. Independently Owned & Operated
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 24
COMMERCIAL INVESTOR | Commercial Real Estate & Business Opportunities
November 20, 2021–January 1, 2022
Shelley Rether Sales Representative
519-902-7755 bus: 519-433-4331
srether@sutton.com Sutton Group-Select Realty Inc., Brokerage independently owned & operated
250 Wharncliffe Road North at Oxford, London ON N6H 2B8
suttonselect.com
STELLAR 40X80FT COMMERCIAL GRADE SHOP ... AND A 5 BEDROOM BUNGALOW!
8520 LAKESHORE ROAD LAMBTON SHORES, ONTARIO À $PNNFSDJBM 3FTJEFOUJBM À Y 4R 'U $PNNFSDJBM (SBEF 4IPQ À 6QEBUFE CESN #VOHBMPX XJUI EPVCMF DBS HBSBHF À 'JOJTIFE -PGU TG GPS *ODPNF 1PUFOUJBM À .JOVUFT GSPN -BLF )VSPO À )BWF B CVTJOFTT PO UIF IXZ BOE B IPVTF XJUI B QSJWBUF CBDL ZBSE À -PUT PG QBSLJOH À (SFBU QSPQFSUZ TP NBOZ PQUJPOT À NJOVUFT GSPN -POEPO À NJOVUFT GSPN 4BSOJB À $PNNFSDJBM .-4 À 3FTJEFOUJBM .-4 SHOP: À *OTVMBUFE IFBUFE À DPODSFUF GMPPS À Y GU PWFSIFBE EPPS À GU DFJMJOH À UPOOF PWFSIFBE DSBOF À DBS IPJTU À BJS DPNQSFTTPS À )& HBT GVSOBDF À A/C À BNQ À QD CBUISPPN À MBVOESZ À Y GU NF[[BOJOF
$1,800,000 25
WANTED
“CONDO TITLED” PROJECTS AND MORE ӓ ěÝŚÇ ÝĩČK ĀĄÝ°K:ěČ ӓ Ś ¸¶ӳĩĀČ ӓ ČKà ӳAKě : KA ӓ 9ĩ ¸AKĄČ Ś Çě Ç{ ěÝ ČK¸¸ ĩÇ ěČ Ç 9ĩ¸¶ ӓ ¸ĄK Ať 9ĩ ¸ě ÇA ĄKÇěKA ӓ : ě KČ ծ ěÝŚÇČ ÝĩěČ AK Ýy ěÝĄÝÇěÝ ӓ Ăĩ :¶ :¸ÝČK
:ÝÇě :ě { ÇÝ 416.816.4360 genegiordano88@hotmail.ca ĀĄ ř ěK ÇřKČěÝĄ
26
LOCATION, LOCATION!!!
$6500 + HST + TMI
DIRECTLY ACROSS FROM UFT
• Popular designated sandwich shop for University and patrons of the Spadina/ Harbord area. • Top of the line, super clean, equipment including salad bar, bread machine, walkin cooler, freezer, storage spaces, grill, microwave, some extra containers for the salad bar, tomato, and pepper slicer. • Offered @ $6,500/month plus TMI and HST • 3yr lease with option to renew
• Seating on upper floor for 17 people. • 2 bathrooms
416-785-6699
Email: pirikeddy@gmail.com 27
SUMMA PROPERTY MANAGEMENT Professional Property Management & Consulting In the Property Management Industry since 1984.
Our superior service includes managing multi-unit Residential/ Commercial/ Retail/Industrial/ Condominium properties. We also manage and rent Condominium investment units. We abide by all Covid-19 regulations.
647.341.7990 www.summapm.com
propman@summapm.com
H A M I L T O N
Mazhar Roshan Sales Representative
905.929.9800 647.609.9463 905.574.6400
Direct GTA Direct Office
mazharroshan@sympatico.ca HAMILTON
18 ACRES OF LAND
53 ACRES OF LAND
HomeLife Professionals Realty Inc.
BROKERAGE 0 OH]L X\HSPÄ LK I\`LYZ MVY \W [V 4 PU JVTTLYJPHS HUK PU]LZ[TLU[ I\`LYZ *HSS MVY KL[HPSZ
1235 FAIRVIEW STREET
JUST REDUCED MOTIVATED SELLER!
Long established variety and laundromat busi- Across from new proposed Hospital in Niagara Off exit # 21 QEW minutes away from new Plaza location with major stores like Longos, Beer ness. Store sale $22,000/mth. Lottery income Falls off exit #21 of QEW. Land has 1,900 Ft. proposed hospital. Good for future development or Store, Dollarama, Pet Value and many more. Long $3,600/mth. Laundromat income $9000/mth. frontage. Great potential for future development. investment. Land has 1,800 Ft. frontage on QEW. established convenience store.
1151 DUNDAS STREET W #11, L5C 1C6
BURLINGTON FOR LEASE
Long established news stand & gift shop in the heart of Mississauga. Real money making business, mall hours, $60M lottery winning ticket was sold here. 2000 Sq. Ft. on lower level for storage.
2 IN 1 3 BAY GARAGE + 2 BED 2 BATH HOUSE SELLING TOGETHER @ 999K
Long established auto repair garage business. Mixed use commercial property in the heart 3 Bays with two hoists fully equipped on desired of Hamilton Mountain close to all amenities, central mountain location. Close to all amenities. shopping, on bus route.
“My Business is to Sell Your Business” 28
FORREST KENDLBACHER 416-921-1112 REAL ESTATE SERVICES LTD., BROKERAGE
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. 29
COMMERCIAL, REAL ESTATE & BUSINESS OPPORTUNITIES
Bill Bradley
Sales Representative
REALTY EXECUTIVE PLUS
416.258.6866
Independently Owned & Operated
Unit 2, 1240 Speers Rd., Oakville ON 416.258.6866
exitwithbill@gmail.com
LAND FOR SALE
49
ACRES
IN CEDAR PARK 5.2A. READY TO BUILD A LAGE PLAZA ON
Condo Apartment Buildings Large or small
38 ACRES IN MILTON ON 49 ACRES IN MILTON ON CALL BILL BRADLEY FOR INFO
Apartment Buildings for sale Large or Small
Small or Large Hotel or Motel Building for Sale
THIS PLAZA ALL READY TO BUILD BY OWNER ON 5.2 ACRES OF LAND NEAR HIGHWAY PLEASE CALL FOR MORE INFORMATION.
SELLERS AND BUYERS WANTED – CALL BILL BRADLEY 30
DEVELOPMENT/REDEVELOPMENT OPPORTUNITY
COURTICE OSHAWA TOWNLINE
Property Description: 569 Townline Road North, Courtice ON L1E 2J4 Area: 12 acres (4.9 ha.) Frontage: 337.5 feet (102.87 m) Depth: 1320 feet (402.34 m) Shape: Rectangular – as shown ǔˡƬǣƏǼ ¨ǼƏȇي Environmental Protection Current Zoning: Agricultural (A) and Environmental Protection (EP) ÁȸƏǔˡƬٖ(ƏǣǼɵ Áȸǣȵɀ يAADT: 2019: 13, 905 2018: 12, 295 Aě ӵ ȶȶʍƃȢ ʤljɨƃǼlj AƃȈȢʰ ěɨƃǹˎƺ ČɁʍɨƺljӖ ĄljǼȈɁȶ Ɂǹ Aʍɨȃƃȴ
Features:
Large frontage allows for redevelopment into large scale executive home with potential for 2-3 more. Cleared area of 3-4 acres along frontage with back 8 acres of woodlot with trails - eligible for conservation land tax exemption. The last large but most desirable parcel on the current east side Ɂǹ ěɁʥȶȢȈȶlj ĄɁƃǁ ÇɁɨɽȃ ƹljɽʥljljȶ ¶ȈȶǼ Čɽɨljljɽ ƃȶǁ ĀljƹƹȢljɰɽɁȶlj Road. Across from Margate Drive and bus stops. 6-7 new executive homes built in last few years proves the popularity of this location. 1.5 km to King and Townline shopping areas, 2-3 km to Harmony Čʍɥljɨƺljȶɽljɨӗ ɰƺȃɁɁȢɰӗ ȶljƃɨƹʰ ɰljɨʤȈƺljɰӝ This is the property that many are waiting for. Be the one to get it.
ǣƳɀٖ ǔǔƺȸɀي
ljagoda22@gmail.com 31
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