Featuring: Commercial•Industrial•Franchise+Business Opportunities
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December 14, 2024–January 11, 2025 Volume 24 | Issue 13
Full Coverage Area Including: London • Kitchener • Niagara Falls • Hamilton • Toronto • Ottawa
Building Inspections
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acesinspections@gmail.com | acesinspections.ca
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Commercial & Industrial Building Condition Assessments
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Single & Multi-Family Residential We work with Big and Small Investors
Ask us about Environmental Site Assessments ESA’s
MERRY CHRISTMAS HAPPY NEW YEAR THE A-TEAM OVER 40 YEARS SERVICE
ONTARIO
COMMERCIAL • RESIDENTIAL INVESTORS • DEVELOPERS
YOUR COMMERCIAL REAL ESTATE CONNECTION
BOB AIREY
416.705.7507 BOBAIREY@ROYALLEPAGE.CA HELPING YOU IS WHAT WE DO Merry Christmas and Season’s Greetings to one and all from the management, staff, family, and Executive Members of the ICIWorld Association of Real Estate Brokers and Sales People. We wish you and your family a happy and prosperous 2025!
HONEY HARBOUR MUSKOKA
2 buildings on 1 acre. Residential/commercial C1. 3 Bed 2 bath home + 1900 sqft comm building. Separate hydro meters. Pylon sign. Parking for 20 cars.
ASKING $728,888
PETER TATAR Sales Representative
Cell Direct 705-627-6504 Honey Harbour Office - By Appointment April-November WE KNOW REAL ESTATE
ICIWorld.COM GLOBAL REAL ESTATE BROKER NETWORK
CALL TO CHAT 416-214-4875
949 RAYMOND ROAD, MUSKOKA LAKES – MIXED USE INVESTMENT - AUTO GARAGE AND HOME
Prime Muskoka Commercial Property! Investors / End Users / Live & Work! 11 acres with 700ft frontage Windermere & Raymond Road (Muskoka Lakes) High visibility. Year-round traffic! 3000 SF commercial building incl 1000 SF 2-bay auto repair shop with 2023 clean ESA parking for 35 cars! Plus 1000 SF renovated 3 bedroom bungalow! Zoning allows for multiple uses including Cannabis retail!
$1,198,888
15105 YONGE STREET, AURORA FOR LEASE! SECOND FLOOR!
200-15017 YONGE STREET, AURORA MEDICAL OFFICE FOR LEASE
*** No cannabis use *** 1000sf! Just move in! 2nd floor turn key quality leasehold improved. Yonge Street suite! Price per sq ft + tmi (includes all utilities, taxes, maintenance & insurance!) 45 parking spots available, transit at the door, 7 minutes to highway 404! 9’ ceilings, bright ceiling to floor windows, spacious ceramic reception area, three private offices, boardroom!
1386 SF medical office space for lease! Prime Yonge Street visibility! Former doctor’s office but suits naturopathic doctor, chiropractor, physiotherapist, etc! Fantastic downtown location Aurora! High traffic with tons of exposure! Plenty of parking.
$15 SF + TMI
$17/SF + TMI
(includes all utilities, taxes, maintenance & insurance!)
Lenard Lind BROKER OF RECORD
905-841-0000 Lenard@Lindrealty.ca 2
Lindrealty.ca
15105 Yonge Street, Suite 101 Aurora, ON L4G 1M3
3855 HESSEN STRASSE, WELLESLEY
$3,890,000
51 WOODLAWN RD W, GUELPH
v
$2,400,000
$1,900,000
480 VICTORIA STREET NORTH, KITCHENER
97 acre property located minutes from Waterloo, just outside St. Clements. Solid pine 3 bed 3 bath log home with geothermal heating and cooling system and lower level in-law apartment with separate entrance. Pristine 10 stall barn, private riding arena and ample opportunity for outdoor boarding. The property features approx. 45 acres of farmland with an additional 50 acres of forest comprised of mostly maple trees complete with walking/horseback riding trails. Amazing opportunity! MLS CALL RYAN BRIGGS
1.796 acres of Commercial Land available for sale. Located on the North side of Victoria Street North between Lancaster Street West and Conestoga Expressway. High 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. CALL NEIL KOEBEL
$1,495,000
11 BELMONT AVE W, KITCHENER
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.
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
CALL RYAN BRIGGS
NEIL KOEBEL
RYAN BRIGGS
Broker of Record
Sales Representative
CELL: 519.741.6594
Neil@cmarealty.ca
KITCHENER, ONTARIO
519.578.0337
Summa Property Management ensures that your property receives personal, hands-on, and professional management attention. As a real estate investor, you can rely on our expertise and commitment to service. That affords you the ability to spend your valuable time pursuing you own interests. You can be comfortable in the knowledge that the problems and issues of property management are receiving prompt attention and action. Our in-house accounting department utilizes professional accounting software to produce monthly financial statements to suit your needs, administration for letters and memos to tenants, and additional managers to service your units as needed. If you are looking for a motivated, professional organization that understands the real estate management business, Summa Property Management is your first choice!
CELL: 519.498.5775
Ryan@cmarealty.ca
Condominium Rental Management This service is offered to those who own one or more individual condominium units not occupied by the owner on a full-time basis, and who require personal property management. We offer rental services which include placing advertising, taking calls, host showings, processing applications, completing necessary references, background and credit checks, preparing the lease and receiving the rent payments. Our fees for these services are based on 75% of one month’s rent plus HST. Base fee for the property management is $150/Month plus HST.
SUMMA PROPERTY MANAGEMENT INC PROFESSIONAL PROPERTY MANAGEMENT & CONSULTING
Ryan Stone, OLCM, CPM®, ARM, ACOM
PRESIDENT e: propman@summapm.com | T: 647.341.7990 | F: 647.341.8900 218 - 3089 Bathurst Street, Toronto, Ontario M6A 2A4 www.summapm.com 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
4
$7,999,000
SURPLUS FEDERAL GOVERNMENT LAND FOR SALE $7,999,000 14.91 ACRES OF SURPLUS FEDERAL GOVERNMENT LAND FOR SALE ALONG THE QEW AT THE GARDEN CITY SKYWAY. LAND IS SITUATED IN BETWEEN YORK ROAD AND QUEENSTON ROAD (IN BETWEEN AIRPORT ROAD AND COONS ROAD). ZONED SERVICE COMMERCIAL (C3) AND RURAL (A). LAND IS BEING SOLD AS-IS. BUYER TO DO THEIR OWN DUE DILIGENCE AND SATISFY THEMSELVES AS THERE ARE NO REPRESENTATIONS OR WARRANTIES FROM THE SELLER. THIS PRIME DEVELOPMENT LAND IS LOCATED IN CLOSE PROXIMITY TO THE BRAND-NEW DIVERGING DIAMOND INTERCHANGE, ROUNDABOUT AT GLENDALE AVE/YORK RD, NEW COMMUTER CARPOOL LOT, BASS PRO AND OUTLET COLLECTION AT NIAGARA, WHITE OAKS RESORT AND SPA, NIAGARA COLLEGE, HILTON GARDEN INN, HOLIDAY INN, STAYBRIDGE SUITES AND MANY OTHER NATIONAL NAMES.
Corrie Veenstra, Broker | Revel Realty Inc., Brokerage corrie@revelrealty.ca | Direct: 905-932-6124
5
SELLING REAL ESTATE FOR OVER 35 YEARS
Platinum Award Winner
Bill Morrison SALES REPRESENTATIVE
Direct:
905-619-9500
Toronto line: 416 798 7278 Email:
PLEASE CALL ME TODAY!
Heritage Realty Inc., Brokerage Independently Owned and Operated
morrisonb@sutton.com BOWMANVILLE
I NEED APARTMENT BUILDINGS & PLAZAS ANYWHERE IN THE GTA. HAVE BUYERS! TORONTO
Exceptional 2 storey commercial plaza on .54 acre. 100% leased. Steady and diversified rental income. Potential for redevelopment for 9 storey condo, Near Scarborough Bluffs. Asking $8,690,000
OSHAWA
Attention Investors! Solid legal triplex two 2 bedroom units completely renovated. New S/S appliances plus 1 bedroom unit. Close to HWY 401 + Bus route. Asking $1,099,999.
Opportunity Knocking! Country Estate on 41 Acres with 7000 SQFT finished executive home. 6 Bedroom 6 Bathrooms. Open concept property zoned for golf driving range, mini golf, plus 2400 SQFT Pho shop/restaurant. Just needs to be developed. Live + operate your business here. Easy access to HWY 407/418. Asking $6,500,000.00
DEVELOPMENT SITE FOR 44 TOWNHOMES ON 2 ACRES DOWNTOWN PICKERING BESIDE CITY CENTRE. CURRENTLY 4 RENTED BUNGALOWS, LAND ASSEMBLY. EXCLUSIVE LISTING ASKING $8,200,000
WHITBY
Attention Investors! Two 6 plexes on ¾ acre lot site. Plan approval to contract additional 5 + 4 plex at rear of property. Possible VTB mortgage available. Asking $4,400,000.
I URGENTLY NEED MORE PROPERTY TO SELL IN ALL AREAS, BUYERS ARE WAITING.
Call Bill Morrison to sell yours! FREE consultation call Bill 905-619-9500 6
1324 Windsor Avenue
1801 Dundas Street
Development investment opportunity in Windsor
21,855 sf freestanding retail building for sale in London
• 113,425 sf on 4.802 acres • 22,000 sf under construction for a new tenant • Fully leased 13,425 sf medical building • Approved Phase II Development upside
330 Tower Street S, Fergus
Service station for sale in Fergus Ontario • 1,178 sf on 0.304 acres • At controlled intersection
Charlie Gobert
Nolan Adkin
226.289.2836
226.289.2799
Sales representative, Principal
• 5,000 sf of warehouse with truck level loading - Over 160 feet of frontage on Dundas Street - Visible to 24,000+ vehicles per day - Ample onsite parking
Broker
avisonyoung.ca
Avison Young Commercial Real Estate Services, LP, Brokerage
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
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8
contents 12 18 22
NEXT ISSUE:
January 11, 2025
Should you buy or lease your commercial space?
ADVERTISING DEADLINE:
January 3, 2025
Get the right type of insurance for your business
GROUP SALES MANAGER Randi Segal
Understanding your condo docs
1.866.536.2606
randi.segal@mediaclassified.ca TO ADVERTISE Chris Bosnich
1.866.532.2609
chris.bosnich@mediaclassified.ca
REGIONS Kitchener, Waterloo & Guelph ........10 Greater Toronto Area .....................20 Eastern Ontario..............................23
PRESIDENT & PUBLISHER Leo Racioppo leo@mediaclassified.ca CHIEF OPERATING OFFICER John Racioppo john@mediaclassified.ca ACCOUNTING INQUIRIES accountingteam@mediaclassified.ca CIRCULATION INQUIRIES distributionteam@mediaclassified.ca DIRECTOR OF PRINT MEDIA Lauren Reid-Sachs GRAPHIC DESIGNER & PRE-PRESS COORDINATOR Hannah Yarkony GRAPHIC DESIGNER Yvonne Poon All submissions from interested parties will be considered. Please submit to the editor at editorial@mediaclassified.ca
YORK BRAMPTON TORONTO MISSISSAUGA
DURHAM
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 2024. 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
519.742.7000 www.coupalmarkou.com
SALE
132 WOOLWICH STREET, KITCHENER - 31 BRAND NEW STACKED TOWN HOMES
Condo-titled suites feature modern finishes and intelligently designed layouts that are ready for occupancy. Each suite is equipped with its own hot water heater, furnace, air conditioner, and window blinds, along with six appliances. Units are individually metered for hydro, water & gas. Contact John Markou for more information.
SALE
B102-62 BALSAM STREET, WATERLOO
D L SO
• 1,287 sq ft of commercial condo space • Condo fees include one parking spot • Near Wilfred Laurier University Business School • $549,000 MLS
SALE
155 FROBISHER DRIVE, WATERLOO
• Prime North-Waterloo location • Main and second floor office condo • Mixture of many finishes in each unit • $489,900-$999,990
SALE
• Investment opportunity, fully leased with a restaurant on main floor and office space upstairs • New roof in 2023 MLS • $2,950,000
SALE
MLS
92 KING STREET S, WATERLOO
17-19 KING STREET N, WATERLOO
• Investment property in the heart of Uptown Waterloo • Main floor is a retail unit, upstairs is 2 residential units MLS • $1,748,000
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
SALE
500 WEBER STREET N, WATERLOO
• Single story multi-tenanted commercial building • Additional 4.75 acres for future development MLS • $6,595,000
SALE
32 ARTHUR STREET S, ELMIRA
• Fully renovated business for sale • Features two dining rooms and a bar on the main floor • $325,000 MLS
SALE
30 WILLIAM STREET W, WATERLOO
• Freestanding two storey commercial/residential property • 2,300 sq ft situated on 0.11 acres in Uptown Waterloo MLS • $1,495,000
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
December 14, 2024–January 11, 2025
KITCHENER/WATERLOO GUELPH
519.742.7000 www.coupalmarkou.com
LEASE
2 – 340 KINGS STREET W, KITCHENER
• Second floor office space ready for tenant build outs • Located in Downtown Kitchener • 5,649 sq ft • $10.00/sq ft net
LEASE
MLS
A2 – 1535 SNYDER’S ROAD E, PETERSBURG
• Industrial space with many opportunities, located just outside Waterloo • 11,641 sq ft • $10.75/sq ft net
LEASE
LEASE
MLS
2 – 830 KING STREET N, WATERLOO
• Industrial unit across from St. Jacobs farmers market • Includes mezzanine • 1,200 sq ft • $2,000/month gross MLS
3310 KING STREET E, KITCHENER
• Open-concept layout of retail space • Free on-site parking • 1,342 sq ft • $16.95/sq ft net
LEASE
MLS
A16-650 WOODLAWN ROAD, GUELPH
• Well located industrial unit in busy plaza • Ample, free on-site parking • 2,218 sq ft • $15.95/sq ft net
LEASE
LEASE
MLS
A-85 EDWIN STREET, KITCHENER
• Low-cost ground level office space • Kitchen area, large board room, 2 baths, and mix of private offices • 2,894 sq ft • $3,500/month gross MLS
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
1-460 THOMPSON DRIVE, CAMBRIDGE
• Attractive office/service commercial building • Drive-in loading and 20” ceilings • 3,750 sq ft • $13.95/sq ft net
MLS
LEASE
111 – 7 GRAND AVENUE, CAMBRIDGE
• Retail/Service commercial space • High vehicle and foot traffic • Down the street from gaslight district • 849 sq ft • $21.95/sq ft net
LEASE
MLS
582 LANCASTER STREET W, KITCHENER
• 2nd and 3rd floor office space units • Good on-site parking • Wonderful ecofriendly work environment • 3,636-17,667 sq ft MLS • $18.00/sq ft net
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
December 14, 2024–January 11, 2025
Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR
11
Should you buy or lease your commercial space? One of the trickier decisions many entrepreneurs face is choosing between buying or leasing their place of business. THERE ARE ADVANTAGES and disadvantages to both options, and the decision requires lots of analysis and planning. Here are some things to consider with each option. Weigh them effectively to help make the best decision for the best business advantage. 12
When should you buy?
• If location is important to you A great location is hard to find. If you can find one that helps you grow sales through foot traffic and ease of transportation, reduces costs through proximity to key suppliers, and/or attracts and retains
COMMERCIAL INVESTOR | Commercial Real Estate & Business Opportunities
employees, you may want to secure that space by purchasing it. • If you want to build your personal wealth Commercial real estate has been a great investment for many entrepreneurs in recent years. While there are no guarantees, owning can build wealth separate from your operating company. • If your current leasehold improvements are getting costly If you’re investing heavily in a building to run your business, it often makes sense to buy a property. If, however, December 14, 2024–January 11, 2025
the time isn’t yet right to buy, you may want to consider leasehold improvement loans to tide you over. • If you want to be free of landlord woes If running every aspect of your business without potential limits, restrictions and rent increases is important to you, then you might want to buy a commercial space. • If you need to free up working capital A well-financed property purchase can free up working capital by reducing your monthly outlay for rent. The difference can be used to build your business. “It’s about balancing growth with cash flow,” says Jean-Philippe Ménard, vice-president, North Shore at BDC. “We often finance those kinds of purchases because we want to make sure our clients will have enough working capital to grow.”
However...
If you decide to buy commercial real estate, be sure to pay close attention to the following: • Rising interest rates Low interest rates have encouraged many entrepreneurs to buy in recent years, and they have enjoyed considerable market appreciation. However, “there’s a wake-up call coming” for some entrepreneurs in the form of rising interest rates, says Ménard, who works in BDC’s office in Laval, Quebec. He notes that many younger businesspeople have never experienced the rising costs that come with higher rates. • Cash flow and stability Before you buy, make sure your company will have the resources to support this commitment in the years to come. Buying a building is a long-term investment. • Protection and due diligence Be sure to protect yourself from problems that can come with ownership, such as hidden building defects or environmental contamination. Get a building condition inspection (BCA) and December 14, 2024–January 11, 2025
an environmental assessment (ESA), or hire a qualified environmental consulting firm to assess the property before you purchase. Before buying, it’s equally important to get a lawyer to perform thorough due diligence on such issues as land title, zoning, outstanding taxes, liens, easements and other potential problems with the property. • When should you lease? Here’s where it may make more sense to rent a space for your business. • If you don’t have enough working capital Start-ups are often unable to commit a lot of capital to a building, so they will most likely opt to lease. Even if you have an established business, it may not be generating enough cash at this stage to allow you to fund both your growth and your commercial property acquisition. • If your business needs are unstable If your company is growing rapidly or downsizing, or you’re just not sure what’s going to happen, you might be better off renting until the situation stabilizes. • You don’t want the hassle of owning Owning a property comes with additional responsibility and potential problems. You may prefer to rent and focus on your business for the time being.
However...
If you decide to lease, be sure to pay close attention to the following: • Option to renew While some entrepreneurs may not want to make a long-term commitment to a location, Ménard cautions that flexibility can work both ways. A landlord can refuse to renew a lease once it expires. That forces your business to relocate, with all the costs associated with doing so. • Renovations and improvements Be sure to find out about restrictions that could limit your ability to expand or use the space in different ways. Specifically, find out whether there are any limitations on making
A well-financed property purchase can free up working capital by reducing your monthly outlay for rent. changes to your space. Do you have to return the property to its original condition when you leave? Do added equipment and fixtures remain your property, or do they become the property of the owner? • Parking Are there enough parking spaces for all tenants and their visitors? Are you guaranteed spaces? • Signage What are your rights when it comes to signage? • Landlord responsibilities It’s important to understand what your landlord does and doesn’t pay for before committing to a commercial lease. Specifically, pay close attention to the following: • Common area maintenance Who is responsible for cleaning, repairs and other costs associated with common areas, such as washrooms, entrances, general reception areas and the parking lot? Who pays for snow removal, grass cutting and/or landscaping? • Operating expenses Who pays for property taxes, insurance, utilities, security, and the repair or replacement of equipment such as heating, ventilation and air conditioning units?
Final thoughts
In the end, whether you decide to buy or lease a commercial space, remember the following: • You’re not alone As part of your trusted team of real estate advisors, a lawyer specializing in commercial real estate should review your contract carefully with you to avoid any unpleasant surprises. CI
Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR
13
KITCHENER/WATERLOO GUELPH
KITCHENER |KITCHENER RETAIL WATERLOO | RETAIL KITCHENER | RETAIL KITCHENER KITCHENER | RETAIL KITCHENER | RETAIL WATERLOO | RETAIL KITCHENER | RETAIL | RETAIL | RETAIL KITCHENER | RETAIL
| RETAIL
WATE
501 KRUG STREET 4411 KING STREET E. #G-125 SEABROOK DR. 5 HICKORY STREET E. 2,110 SF | $18.00/SF 875-1,239 SF | $32.00/SF 905 SF | $36.00/SF 1,800 SF | $5,000/Month 501 4411 KRUG KING STREET STREETChad E. Ritzer* 4411 STREET James Boudreau** x 3020 xKING 3033 SEABROOK LesterE. Tobin* x 3023 #G-125 DR.#G-125 SEABROOK DR. Eric Frey* x 3118 5 HICKORY STREET E. 5 HICKO
REET .00/SF CAMBRIDGE 2,110 875-1,239 SF | $18.00/SF SF | $32.00/SF 875-1,239 905SF SF| |$32.00/SF $36.00/SF | RETAIL BRESLAU | RETAIL ** x 3020 JamesChad Boudreau** Ritzer* xx3020 3033 Chad Ritzer* x 3033 Lester Tobin* x 3023
| RETAIL CAMBRIDGE BRESLAU | RETAIL | RETAIL 634 KING STREET E. 3,317 SF | $14.95/SF Eric Frey* x 3118 KITCHENER | OFFICE
EET E. 95/SF 3118
905 SF $36.00/SF 1,800 SF|KITCHENER | $5,000/Month 1,800 SF | OFFICE Lester Tobin* Eric Frey*xx3023 3118 Eric F
BRESLAU | RETAIL
10 TOWNSEND DRIVE
2,558-24,202 SF | FROM $25/SF
James Boudreau** x 3020 KITCHENER | OFFICE
KITCHENER | OFFICE KITCH
#A1-650 RIVERBEND DR. #201-260 KING ST. W. 1,625 SF | $16.95/SF 7,110 SF | $14.50/SF Lester Tobin* x 3023 James Boudreau** x 3020 KITCHENER | OFFICE
WATERLOO | OFFICE
63410KING STREET E. RIVERBEND #A1-650 #201-260 RIVERBEND KING ST. DR. W. #201-26 TOWNSEND DRIVE 10#A1-650 TOWNSEND DRIVE DR. 2,558-24,202 SF | FROM $25/SF2,558-24,202 | FROM $25/SF 3,317 SF | $14.95/SF 1,625SFSF | $16.95/SF 1,625 7,110 SFSF | $16.95/SF | $14.50/SF 7,110 S James Boudreau** James Lester Boudreau** Eric Frey* x 3118 x 3020 Tobin*x x3020 3023 Lester James Tobin* Boudreau** x 3023x 3020 James Bo
OFFICE KITCHENER KITCHENER | OFFICE | OFFICE KITCHENER | OFFICE WATERLOO | OFFICE KITCHENER | OFFICE KITCHENER | OFFICE
#LC1- 508 RIVERBEND DR. #101-146 MANITOU DR. 96-100 HIGHLAND RD. W. 370 UNIVERSITY AVE E. 311-1,350 SF | FROM $600/Month 7,031 SF | $1.00/SF 809 SF | $22.00/SF 1,011 SF | $32.00/SF James Boudreau** x 3020 Peter Benninger** x3000 Peter Benninger** x3000 Lester Tobin* x 3023
WATERLOO | OFFICE
KITCHENER | IND
WOODSTOCK | IND.
WATE
BRIGHT | IND.
BEND DR. #LC1508 RIVERBEND DR. #101-146 MANITOU DR.#101-146 MANITOU DR. 370HIGHLAND UNIVERSITY AVE 96-100 HIGHLAND RD. W. 96-100 RD. W.E.370 UNIV 311-1,350 | FROM $600/Month 311-1,350 SF | FROM $600/Month 00/SF 7,031 SFSF | $1.00/SF 809 | $22.00/SF 809 SF |SF $22.00/SF 1,011 SF | $32.00/SF 1,011 S JamesTobin* Boudreau** x 3020 James Boudreau** x 3020 ** x3000Peter Benninger** 99 NORTHFIELD DR. E.x3000 #14-55 SHOEMAKER ST. PATTULLO AVE 907168 TOWNSHIP RD Lester Tobin* x 3023 Lester x 901 3023 Peter Benninger** x3000 Peter Ben 732 SF | $11.95/SF
4,800 SF | $13.95/SF
12,804 SF | $15.00/SF
4,726-7,158 SF | $10/SF
OFFICE Chad WATERLOO | OFFICE BRIGHT |x3023 IND. KITCHENER |Chad INDRitzer xKITCHENER WOODSTOCK | IND | IND. | IND. Ritzer* x 3033 3033 Eric Frey* x3118WOODSTOCK Lester Tobin*
Each office is Independently Owned and Operated 14
COMMERCIAL INVESTOR | Commercial Real Estate & Business Opportunities
December 14, 2024–January 11, 2025
KITCHENER/WATERLOO GUELPH
KITCHENER
TO SERVICE SF | $1,050,000 Frey* x 3118
KITCHENER KITCHENER KITCHENER KITCHENER KITCHENERKITCHENER KITCHENER
K
AUTO SERVICE USER/INVESTMENT PARKING COMPOUND 1,250 SF | $1,050,000 3,900 SF | $1,750,000 1.689 AC. | 796 SF | $3,199,000 USER/INVESTMENT PARKING CO USER/INVESTMENT PARKING EricAUTO Frey* xSERVICE 3118 Chad Ritzer* x 3033 Peter COMPOUND Benninger** x 3000
1,250 SF | $1,050,000 3,900 SF | $1,750,000 CAMBRIDGE Eric Frey* xChad 3118 Ritzer* x 3033
3,900 SF | $1,750,000 1.689 AC. | 796 S Chad Ritzer* x 3033 Peter Benning Peter Benninger** x 3000
1.689 AC. | 796 SF |CAMBRIDGE $3,199,000 WATERLOO
WATERLOO CAMBRIDGE
CAMBRIDGE WATERLOO
CAMBRIDGE
COMMERCIAL BUILDING 4,050 SF | $1,150,000 John Hoffman* x 3040
OFFICE/INDUSTRIAL 22,230 SF | 2.076 AC. | $7,200,000 Chad Ritzer* x 3033
INVESTMENT PROPERTY COMM/RES | 5 UNITS | $1,649,000 Eric Frey* x3118
CAMBRIDGE
KITCHENER
CAMBRIDGE
C
INVESTMENT COMMERCIAL BUILDING OFFICE/INDUSTRIAL INVESTMENT PROPERTY RCIAL BUILDING OFFICE/INDUSTRIAL COMM/RES | 5 UN 4,05022,230 SF | $1,150,000 22,230 SF | 2.076 AC. | $7,200,000 COMM/RES | 5 UNITS | $1,649,000 SF | $1,150,000 SF | 2.076 AC. | $7,200,000 Eric Frey* x 3040 Chad Ritzer* x Eric 3033Frey* x3118 offman* x 3040 John Hoffman* Chad Ritzer* x 3033
CAMBRIDGE CAMBRIDGE
CAMBRIDGE
CAMBRIDGE KITCHENER
COMMERCIAL BUILDING 12,995 SF | 2.16 AC. | $6,495,000 Chad Ritzer* x 3033
COMMERCIAL BUILDING 11,679 SF | 0.21 AC. | $2,250,000 James Boudreau** x 3020
NEW LISKEARD
ROCKWOOD
K
REDEVELOPMENT LAND 1.21 AC. (+-) James Boudreau** x 3020
BRESLAU
COMMERCIAL BUILDING COMMERCIAL BUILDING BUILDING REDEVELOPM COMMERCIAL CIAL BUILDING REDEVELOPMENT LAND 1.21 AC 11,679 SF | 0.21 AC. | $2,250,000 12,995 SF | 2.16 AC. SF | $6,495,000 1.21 AC. (+-) 11,679 | 0.21 AC. | $2,250,000 .16 AC. | $6,495,000 James Boudre James xBoudreau** x 3020 JamesLAND Boudreau** 3020 Chad Ritzer* x 3033 RETAIL COMMERCIAL OFFICE/INDUSTRIAL James Boudreau** x 3020 Ritzer* x 3033FREESTANDING
22,799 SF | 5.29 AC. | $5,300,000 7.32 Acres | $8,500,000 10,129 SF | 1 AC. | $2,750,000 NEW LISKEARD ROCKWOOD Lester Tobin* x 3023 John Hoffman* x 3040/Eric Frey* James Boudreau** x 3020 NEW LISKEARD ROCKWOOD BRESLAU Each office is Independently Owned and Operated
December 14, 2024–January 11, 2025
FREESTANDING RETAIL
Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR
COMMERCIAL LAND
15
OFFICE/IND
KITCHENER/WATERLOO GUELPH
16
COMMERCIAL INVESTOR | Commercial Real Estate & Business Opportunities
December 14, 2024–January 11, 2025
KITCHENER/WATERLOO GUELPH
137 KING STREET E, KITCHENER
GREAT OPPORTUNITY
INVESTMENT OPPORTUNITIES
$3,999,888
This is your chance to own part of history and bring this unique mixed-use development to the finish line. Most of the upfront heavy lifting has been done. Get in on the ground floor. Don’t miss this diamond in the rough.
324 KING STREET, WATERLOO
NEW PRICE
$10,999,000 15 FLORAL CRESCENT KITCHENER
53-57 QUEEN STREET SOUTH
Well maintained 11-1 bdrm
$2.5M
DALIBOR RADULOVIC Sales Representative
This Development Project is situated on a .908 Acre Site located on King Street North & Regina Street North, Waterloo. Intended Development: twenty (20) storey residential apartment building, with underground and structured parking. A total of 223 units (261 beds) are proposed, together with 193 vehicular parking spaces and 165 bicycle parking spaces.
$2.6M
TUNDE ABIODUN Broker
Mixed use development potential EXCLUSIVE D1 - commercial zoning Proposed 16 storey Bsmt - Retail & ground 2-4 office space 5-16 Residential 5 units/floor
ROB PIOMBINI Broker
Email us Today at info@4mcommercialgroup.com to receive “Deal of the Month” Email News Letter
519-885-8810 info@4mcommercialgroup.com 385 Frederick Street, Unit 32 Kitchener, Ontario N2H 2P2
December 14, 2024–January 11, 2025
HomeLife Power Realty Inc., Brokerage*
*Independently Owned and Operated
Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR
17
Get the right type of insurance for your business
Your business may have many assets: Vehicles, office space and equipment, inventory, an indispensable employee or partner and, most importantly, yourself. To protect these assets and to protect your business from potential risks, you should consider getting insurance. All businesses take some risks, but taking too many risks or failing to protect yourself does not make good business sense. Could your 18
business survive if one of the partners dies or becomes disabled? Would you have sufficient cash on hand to deal with any business
COMMERCIAL INVESTOR | Commercial Real Estate & Business Opportunities
emergency that could arise? In many cases, the answers to these and other questions about risk is “no”. Insurance needs vary greatly and it is best to get advice from an insurance broker or agent who is familiar with your specific type of business. The following are different types of insurance that may apply to your business. Insurance for owners, partners and key employees The loss of a key person can devastate your business and your
December 14, 2024–January 11, 2025
livelihood. These types of insurance can help protect your business and your family from potential risks: • Life insurance — Protects your family in the event that something happens to you. This is especially important in the case of a sole proprietorship, because the owner is personally liable for all the debts of the business. • Disability insurance — Will provide you with income for a specified period of time, if you are unable to work due to an injury or illness. • Partnership insurance or buy-sell insurance — If your business partner passes away, partnership insurance will allow you to purchase the shares and continue running the business. • Critical illness insurance — Provides you with a lump sum benefit, if you are diagnosed with a critical illness. • Key person insurance — If you rely on certain key people to help run your business, protect yourself against the loss of these key employees. Speak to your accountant to find out which of these are deductible as business expenses and which ones you will need to pay for yourself as an individual.
Insurance for business property and earnings
You need to protect your assets and earnings in the event that a disaster or emergency destroys part or all of your business premises and assets. This could include: • Property insurance — Property insurance will cover the property and buildings owned by your business in the event of destruction or damage due to things like fire and other perils. • Contents insurance — This covers assets that you store at your business premises. If you are leasing space for your business, the owner of the property probably has property insurance, but you are likely responsible for your own December 14, 2024–January 11, 2025
contents insurance. If you run your business out of your home, you will likely need separate contents insurance for your business assets. • Business interruption insurance — If you need to shut down your business temporarily due to a fire or other peril, business interruption insurance will cover your loss of earnings until you are back in business. • Vehicle insurance — You will need to insure any vehicles that your business owns. If you use personal vehicles for business purposes, be sure to advise your insurance company.
Liability insurance
Mistakes happen. You, your employees, your equipment or your suppliers could be the cause of mistakes that ultimately end up hurting your customers, your employees or other people who are involved with your business. To protect your business from being sued, you should consider these types of insurance to limit your liability: • General liability — Covers injury to clients or employees on your premises • Product liability — Provides protection in the event that your products are defective or cause serious harm to those using them • Professional liability insurance — Provides protection if you are sued by a client for errors, omissions or negligence, when performing professional services • Cyber liability — Protects in the event of a lawsuit stemming from an electronic security breach involving compromised personal or commercial information. Can include situations relating to the theft of devices containing organizational, client, employee, or similar data.
Accounts receivable insurance
Having a client that does not pay can leave you in a difficult situation.
You need to protect your assets and earnings in the event that a disaster or emergency destroys part or all of your business premises and assets. You have to pay your employees and suppliers, and are essentially stuck covering the costs of goods sold, without the corresponding revenue. Accounts receivable insurance, also known as credit insurance, can help protect you from this risk, when a client goes bankrupt or refuses to pay. The risks are often greater when dealing with export markets. The government offers export insurance to cover a variety of risks including accounts receivable insurance.
Health insurance
Providing a health insurance plan for employees can be a key factor in recruitment and retention of employees. You can talk to an insurance broker or company about group plans covering supplemental health and dental benefits for your employees. Get the right insurance for your business. Making sure you have the correct business insurance can provide peace of mind. To discuss your business insurance options, contact an insurance representative to find or develop a plan that is right for you and your business. You may also wish to contact your local chamber of commerce or industry association, as some organizations offer members lower rates on their business insurance. CI Source: Canadabusiness.ca
Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR
19
GREATER TORONTO AREA
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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 20
COMMERCIAL INVESTOR | Commercial Real Estate & Business Opportunities
December 14, 2024–January 11, 2025
GREATER TORONTO AREA
WANTED
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genegiordano88@hotmail.ca PRIVATE INVESTOR
December 14, 2024–January 11, 2025
Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR
21
Understanding your condo docs BY JACQUELINE MONETA JD WITH ASSISTANCE FROM JAYSON SCHWARZ LLM
New disclosure requirements in the Condominium Act provide owners with more information than ever, but all of this information can quickly become overwhelming. What are all the documents and what do they tell you? The following is an overview of the rules and regulations governing condo living. Condominium declaration
The declaration is like the constitution of a condo. It provides information regarding each suite’s boundaries and share of common expenses expressed as a percentage of the total budget. The declaration also describes any recreational facilities and how they will be used. It can also contain restrictions on the use or occupation of the units and common elements. A review of the declaration will tell you exactly what you are buying. A declaration can only be changed if more than 80 per cent of the owners agree to the change. This makes subsequent changes to the declaration difficult and rare.
By-laws
The by-laws control how condominium corporations are run. They outline the qualifications of condominium directors, their remuneration (if any), and the quorum necessary for a meeting. The by-laws may also outline when and how the condominium can borrow money. This is important if there is ever a special assessment levied. As an alternative to a special assessment the condo may be able to borrow funds, if allowed in the by-laws, rather than 22
makeup any shortfalls from the unit owners. By-laws can be passed, appealed or amended by the board of directors. Before becoming effective, by-laws must be approved by a majority of the units of the corporation and registered with the land registry office.
Condominium rules
The board of directors can also make, amend or repeal rules. The rules govern the safety, security or welfare of the owners and the property or assets of the corporation. They typically prevent unreasonable interference with the use and enjoyment of the common elements or units. It’s common for the rules to prevent owners from renting out their units for short periods of time (ie. Airbnb) or restrict visitors’ use of the common elements. It is also increasingly common for the rules to limit the number and/or size of pets allowed in the building. Rules can vary greatly in each condominium, so even if you are familiar with condo living it’s important to review the rules in each building you buy into. They can impact lifestyle choices, which while not legal issues, should be considered carefully as they can
COMMERCIAL INVESTOR | Commercial Real Estate & Business Opportunities
have a large impact on your day-today life.
Status certificate
Perhaps the most important document you’ll receive is the status certificate. This document gives buyers details of the financial and legal circumstances for the condominium building. A status certificate will include information regarding increases in common expenses, law suits against the condominium corporation and any upcoming large expenditures for repairs. A status certificate will also have information about the individual condo unit. It indicates if the current owner is in default of paying common expenses and if any increase in common expenses has been declared by the condominium board. While sifting through these documents may seem overwhelming, careful review of the rules and regulations governing your condo could save you a lot of time and unexpected cost down the road. You should also seek the advice of a real estate lawyer and accountant who can point out abnormalities or possible red flags. Don’t forget the best help you can get is from a real estate lawyer who understands condominium law. Be careful and find someone who is knowledgeable and cares about you and your family. This is an important milestone in your life. Send or fax letters to the magazine or to us, use the website (schwarzlaw. ca), email (info@schwarzlaw.ca) and give us your questions and concerns. We will try to deal with them in print or electronic form. CI
December 14, 2024–January 11, 2025
EASTERN ONTARIO
CLARINGTON - IS HOT! $$$ John Shewchuk SALES REP
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Email: jshewchuk@royallepage.ca
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Cell: 289 688 8047 | Email: brianshewchuck@royallepage.ca
Royal LePage Frank Real Estate, Brokerage OFFICE: 905-623-3393
FUTURE GO STATION INVESTMENT • CLARINGTON COURTICE
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Prime 401 exposure. 30’ ceiling, truck level shipping, excellent 401 access. Sprinklers. Available Jan 2025. Foundation now complete! Available Q3 2025). ONLY industrial new build listed for sale in Clarington!
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Industrial space with 16ft loading door loading door in Bowmanville. Flexible M2 zoning, newly finished office & mezzanine + 16ft clear height. Ideal for manufacturing, potential for automotive, warehousing, workshop and more. Great access to HWY 401 nearby, and low rental rates.
FOR LEASE @ $10.50 PSF NET + $5.00 TMI MAJOR HIGHWAY - RESTAURANT BUILDING LAND + BUSINESS
Long established family restaurant (20 years) one acre commercial site, large parking and frontage, fully licensed, 70+ seating, outdoor patio. Excellent upside to increase $$$ owners retiring!! With hold first mortgage for qualified buyers.
FOR SALE $1,525,000 - VTB AVAILABLE DOWNTOWN COMMERCIAL BLD @ GREAT PRICE IN CLARINGTON!
Well maintained free standing commercial/office building available FOR SALE just North of King St in downtown Bowmanville. Build comes well maintained and accessibility equipped! Flexible zoning to suit many businesses: ideal for physiotherapists, health uses, lawyers, accountants, insurance, or other office based businesses. Very competitive price perfect for an end-user.
ONLY $795,000
ONE OF A KIND! LARGE A+ COMMERCIAL SPACE IN BOWMANVILLE
Rare opportunity for up to 12000 SQFT free standing commercial space @ an unbeatable rental rate. Former home-hardware property with great shadow anchors, nearby schools, tons of traffic, spacious parking, convenient loading area, and high ceilings.
FOR LEASE @ ONLY $12.00 PSF NET + $6.25 TMI December 14, 2024–January 11, 2025
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$2,499,900
Paul McDonald
Sales Representative Real Estate Homeward, Brokerage www.theeastside.ca | 416-432-1045
9024 WOOD DRIVE, LAMBTON SHORES
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Cell: 519 Bus: 519 shelleyre www.roya
$2,150,000 - Farm with Residence (4 bedroom Century Home) - Century Barn (great for boarding horses) - Agriculture (40 acres of Cash Crop) - Nature and Trails in the Carolinian Forest - Includes 5 Undeveloped Lots - Located on Lake Huron between Sarnia & Grand Bend - Good traffic visibility for a rural business - Great Fishing, Close to Golf, Beautiful Sunsets
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103-240 Waterloo Street London, Ontario N6B 2N4 Cell: 519-902-7755 Bus: 519-672-9880 shelleyrether@royallepage.ca www.royallepage.ca 25
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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
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• 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
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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
bellrosejanitorialservices.com
416-389-7805
info@bellroseinc.com 30
FORREST KENDLBACHER 416-921-1112
D L O S
REAL ESTATE SERVICES LTD., BROKERAGE
D L O
S
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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PUZZLED BY INVESTING ? COMMERCIAL REAL ESTATE START YOUR LEGACY NOW ! * COMPLETE THE INFORMATION BELOW *
¨ RESIDENTIAL, DUPLEX, TRI-PLEX, 6 UNITS + MORE ¨ MAIN STREET STORES + APTS/OFFICE ¨ HIGHWAY COMMERCIAL STRIP PLAZAS ETC. ¨ SMALL TO MID-SIZE RES/COM DEVELOPMENT SITES ¨ OTHER(S)
* TEAR/CUT THIS SHEET AND EMAIL BOBAIREY@ROYALLEPAGE.CA OR MAIL TO BOB AIREY THE A-TEAM C/O 455 DANFORTH AVE, TOR, ON M4K 1P1 WE WILL RESPOND WITH INFORMATION TO YOU SHORTLY.
OR SIMPLY CALL «416.705.7507«