Featuring: Commercial•Industrial•Franchise+Business Opportunities
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January 2–30, 2021 Volume 21 | Issue 1
Full Coverage Area Including: London • Kitchener • Niagara Falls • Hamilton • Toronto • Ottawa
GLOBAL NETWORKING INDUSTRIAL COMMERCIAL
INVESTMENT RESIDENTIAL BUSINESSES
CONTACTS FOR NEW
BUYERS & SELLERS DAILY
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LARGE AND SMALL APARTMENT BUILDINGS WANTED D TE AN W
D E T N WA
W AN TE D
SOLD BY WINCORP REALTY INC. • Large and Small Apartment Buildings anywhere in Ontario • Have many CASH Buyers ready to invest NOW • Specializing in multi-residential sales for over 40 years • References supplied • Confidentiality guaranteed CONTACT: WINSTON DAVIES, BROKER OF RECORD WINCORP REALTY INC. REAL ESTATE BROKERAGE GUELPH, ON TEL: 519-836-2080 EMAIL: wjmdavies@rogers.com
OAKVILLE, 1.12 ACRES 3rd Line and Speers Road
1494 Wallace Road • APPROX. 8890 SQ.FT., THIS BUILDING CURRENTLY CONTAINS TWO BANQUET FACILITIES. ZONING PERMITS VARIOUS USES. • SELLER WOULD CONSIDER REMAINING IN THE FRONT PORTION OF THE BUILDING ON A 5 YEAR LEASE BACK BASIS.
Adam Piett, Sales Representative
Phone: 905.407.0392 Email: apiett@cbci.ca
www.rahimcharania.ca
Wishing All My Valued Clients & Friends a Very Happy, Healthy & Successful New Year 2021. Best wishes from Rahim
JACOB CAMPAGNARO Sales Representative
905.599.3460 jacob@reccanada.com
THE REAL ESTATE CENTRE
FOR SALE
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LD
105.1ft
184.8ft
139.3ft
116.1ft
105.0ft
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LD 300.5ft
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113.8ft
283.6ft
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274.3ft 113.8ft
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113.8ft
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211.7ft 113.8ft
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WILSON DR .
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283.0ft
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197.5ft
139.1ft
293.2ft
114.5ft
124.0ft
120.1ft
SOLD
GEORGIAN BAY
GEORGIAN BAY
269.5ft
FOR SALE
105.0ft
112.2ft
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113.9ft
115.2ft
120.1ft
219.0ft
226.0ft
115.2ft
221.4ft
115.2ft
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LD
170.9ft
200.3ft
SO
146.9ft
228.3ft
107.6ft
200.3ft
237.1ft
259.2ft
107.6ft
235.0ft
107.6ft
317.3ft
320.4ft
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107.6ft
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107.7ft
136.5ft
144.8ft
115.3ft
115.3ft
115.3ft
120.2ft
GALLOWAY RO AD
BLUFFS BAY ROAD
112.5ft
t
5.0f
12 112.6ft
12 COLBORNE STREET ORILLIA, ON • 7 -2 Bedroom suites & 11 – 1 Bedroom suites • All second-floor suites include balconies • Hydro separately metered • Additional revenue from parking • Coin operated laundry service • Steel roof, last inspected 2017 • Renovated main floor units, 2017 • New self-contained heating & air units 2017 • Newer windows, doors, balconies, railings 2017
$3,450,000
103.9ft
O N E AC R E WAT E R F R O N T & WAT E R V I E W LOTS
Priced the low $400k’s WATERFRONT &from WATERVIEW LOTS GEORGIAN BAY, WIARTON ON THE M IDDL
E ROA D
(GREY
COUNT
• REC Commercial is proud to offer for sale a collection of 22 Waterfront and Waterview, fully serviced building Y RD. 26)
lots of approximately one acre in size, ready for your dream home or vacation rental or cottage. • Visit BluffsBay.ca for more information.
• 20 unit multi-residential building • Estimated net operating Income - $142,083 • Features an additional two commercial retail units • Minutes to downtown Chatham, and surrounded by a host of amenities • 20.2% higher than the average municipal growth • Approximately 80 dedicated parking spaces • Recent upgrades including new windows, doors, roof and high efficiency thermostats • Can be sold as a portfolio with 54 Timmins Crescent
Starting from the low $400,000’s
FOR SALE
FOR SALE
220-222 ST. CLAIR STREET CHATHAM, ON
$2,550,000
FOR SALE
BUSINESS FOR SALE - CODE NINJA PORT CREDIT, ON
2640 RUTHERFORD ROAD CONCORD, ON
3359 DANFORTH SCARBOROUGH, ON
• Franchise Fee: $32,602. (Included in Price) • Licensed for 54 Kids • Royalties: 6% • Rent: $7,865 pm (includes TMI) • Square Footage: 3025 • Lease Term: 2025 + 5 Year options
• 15,985 +/- SqFT two storey medical office building • 4-year-old asset with no significant capital improvement expected in the immediate future • 100% occupied by eight strong medical tenants • Situated at the intersection of Melville Ave. and Rutherford Rd., between Jane St. and Keele St. • Average remaining lease term is 5.5 years • Tenants receiving a base rate increase in October 2020 • Located within 3km of the New Mackenzie Vaughan Hospital • Zoning - Commercial C5
• Boutique midrise development opportunity located on a prime stretch of danforth ave in Scarborough • 6-storey mixed use development comprising 19 apartment units with ground floor retail commercial • All reports completed (Esa I+Ii, Planning/Design, Survey, Hydro, Appraisals) • Public transit, shopping malls and grocery retail are complemented by lifestyle amenities including Scarborough Bluffs, Dentonia Park golf course and Danforth Village
$13,000,000
$3,995,000
Contact For Pricing
Visit recanada.com for more information 201–8 Sampson Mews, Toronto, ON, M3C 0H5 416.979.0333 Not intended to solicit those already under contract with another REALTOR®
2
INVESTMENT OPPORTUNITIES CBRE INVESTMENT TEAM
69-71 WELLINGTON ST. | LONDON • Two buildings (5,239 SF & 4,731 SF) with plenty of on-site parking • High visibility fringe-core location • Upside and owner-user potential
772 CRUMLIN SIDEROAD | LONDON • ±103.61 Acre farm • Potential for estate style lots on Crumlin Sdrd • 18.53 acres zoned residential & 68.03 acres agricultural
Kevin MacDougall** kevin.macdougall@cbre.com +1 519 286 2013
David Yanoshita* david.yanoshita@cbre.com +1 519 286 2020
21556 RICHMOND ST. | ARVA
DEVELOPMENT LAND | WOODSTOCK
• 3,200 SF conversion with retail/residential units • 1,700 SF main floor unit fully leased • Located on Richmond Street in desirable Arva, ON, just north of London
David Yanoshita* david.yanoshita@cbre.com +1 519 286 2020
Mallory Weldon* mallory.weldon@cbre.com +1 519 744 4900
• Development Land along the Hwy 401 Corridor • 3 parcels available (3.37 Acres to 14.53 Acres) • Site serviced and development ready
Kevin MacDougall** kevin.macdougall@cbre.com +1 519 286 2013
416 FIRST STREET | LONDON • • • •
Care free lease – tenant pays all expenses Single Tenanted Building 13 years remaining of the lease term Recent environmentals
Rick Spencer** rick.spencer@cbre.com +1 519 286 2005
Christina Shore* christina.shore@cbre.com +1 519 286 2021
RESIDENTIAL REDEVELOPMENT • ±3.93 acre site with a 48,437 SF retail plaza • Redevelopment concepts yield ±100 townhouse or apartment units • Great location within Stratford
Joe Benninger* joe.benninger@cbre.com +1 519 340 2323
Todd Cooney* todd.cooney@cbre.com +1 519 340 2314
FULLY LEASED INVESTMENT
727 EXETER ROAD | LONDON
• 50,076 SF commercial building on 3 acres • Situated in north New Hamburg • Concepts yield a 120 unit apartment building or 68 stacked townhouses
• 85% leased to Scotiabank – Investment grade income security • 2 building portfolio located in downtown Stratford • 56,271 SF Gross Building Area
• 13,000 SF free-standing office building on 0.654 Acres • Located minutes away from Hwy 401 • Surrounded by amenities
Martin Cote* martin.cote@cbre.com +1 519 340 2317
Joe Benninger* joe.benninger@cbre.com +1 519 340 2323
RESIDENTIAL REDEVELOPMENT
LONDON
Mitchell Blaine* mitchell.blaine@cbre.com +1 519 340 2309
380 Wellington Street, Suite 30 +1 519 673 6444
WATERLOO REGION
72 Victoria Street S., Suite 200 +1 519 744 4900
Martin Cote* martin.cote@cbre.com +1 519 340 2317
Greg Harris* greg.harris@cbre.com +1 519 286 2011
Walter Raithby* walter.raithby@cbre.com +1 519 286 2033
WINDSOR
3200 Deziel Drive, Suite 110 +1 519 252 4095
© 2020 CBRE, Inc. All rights reserved. This information has been obtained from sources believed reliable, but has not been verified for accuracy or completeness. You should conduct a careful, independent investigation of the property and verify all information. Any reliance on this information is solely at your own risk. CBRE and the CBRE logo are service marks of CBRE, Inc. All other marks displayed on this document are the property of their respective owners, and the use of such logos does not imply any affiliation with or endorsement of CBRE. Photos herein are the property of their respective owners. Use of these images without the express written consent of the owner is prohibited. *Sales Representative **Broker 3
COMMERCIAL OPPORTUNITIES SOUTHWESTERN ONTARIO
COMMERCIAL SITE
ESTATE & LAND
COMMERCIAL/RETAIL
RETAIL/OFFICE
24499 Nairn Rd, Lobo, ON
581 Downie St, Stratford, ON Asking: Price (TBD) – 5.5% Cap Rate of Lease Renewal being negotiated
57-59 Front St W, Strathroy, ON
Brent Rudell*** 519 438 5608
Tyler Desjardine* 519.438.5403
1241 Wellington Road
el W lin on gt Rd
Holiday Ave
1241 Wellington Rd, London, ON
Asking: $895,000 Exeter Road
• Prime commercial site for sale • Site Area: 0.55 acres • Located on Wellington Rd, near Hwy 401 • Zoning: CC (Convenience Commercial) and SS2 (Automobile Service Station) • Frontage: 200’ along Wellington Road • Environmental reports available • Traffic count of over 36,000 vehicles per day • Former decommissioned Husky gas station
Asking: $3,200,000
• Total combined site area of the two parcels is approx. 216.45 acres • Sprawling acreage located in Lobo, Ontario just minutes from London on the corner of Narin and Ilderton Road • The parcels can be purchased together for $3,200,000 to create a spectacular 216 acre estate or individually • Zoning: A1
Andrew Johnson* 519 438 8639
andrew.johnson@cushwakeswo.com
Gary Pollock** 519 931 2174
Asking: $675,000
• Building Area: Approx. 13,953 SF » Main Floor: Approx. 9,080 SF » 2nd Floor: Approx. 4,783 SF • Building Area: Approx. 16,255 SF • Site Area: Approx. 0.249 Acres • Site Area: 1.708 Acres • Zoning: C1 (general commercial) • AAA Income Stream: permits a wide range of uses » Corporate Covenant – Grocery store included but not limited to » 100% leased to a single tenant professional office, retail store, occupier, on location since 1997 restaurant, clinic, day care centre, • Site benefits: Arterial Commercial apartment etc. street visibility surrounded by dense residential and ample on-site parking • Taxes: $10,325.43 (2020) • Prime Downtown Retail/Office/ Principals only Commercial/Recreational space for David Jongerden* sale in historic downtown Strathroy • Second floor ideal for apartment or 519 438 9125 offices uses david.jongerden@cushwakeswo.com
Jameson Lake* 519 438 8548
brent.rudell@cushwakeswo.com
tyler.desjardine@cushwakeswo.com
DEVELOPMENT LAND
INVESTMENT OPPORTUNITY
INVESTMENT OPPORTUNITY
73 Main St E, Grand Bend, ON
317 Horton St E, London, ON
323 Horton St E, London, ON
gary.pollock@cushwakeswo.com
jameson.lake@cushwakeswo.com
Asking: $1,499,000
• Site Area: Approx. 2.994 acres • Zoning: C16 & R13 - permits a wide range of uses • Taxes: $6,843.07 (2020) • Frontage: 240.97’ along Main Street East • Current site plan allows for approx. 23,000 SF of commercial/retail/ office space that could be subdivided into smaller units starting from 800 SF and up
Asking: $399,900
• Located directly on Main Street East in Grand Bend (Hwy. 81) • Surrounded with vibrant new residential developments • Located just 3 minutes from Grand Bend Beach • Buyer to verify municipal services to the site, current zoning, taxes, easements/right of ways and any required developments
Building Area: 3,000 SF total Zoning: AC4 Taxes: $1993.59 (2019) Site Area: 0.118 Acres Roof: Pitched with shingles Parking: Plenty on-site Excellent potential Net Income and Gross Income • Daily traffic volumes of over 24,500 vehicles per day • Located on Horton Street East, just West of Colborne Street and East of Wellington Street • • • • • • •
• New Gas Bar coming next door
Asking: $799,900
• • • • • • • • •
Building Area: 7,300 SF total Zoning: AC4 Taxes: $16,633.24 (2019) Site Area: 0.256 Acres Roof: Front section pitched with shingles and flat roof on rear section Parking: Plenty on-site Preliminary site plan available Daily traffic volumes of over 24,500 vehicles per day Located on Horton Street East, just West of Colborne Street and East of Wellington Street
Tyler Desjardine* 519.438.5403
tyler.desjardine@cushwakeswo.com
519.438.5588 www.cushwakeswo.com *Sales Representative **Broker ***Broker of Record 620A Richmond St, 2nd Floor, London, Ontario N6A 5J9 ©2020 Cushman & Wakefield Southwestern Ontario, Real Estate Brokerage, Independently Owned and Operated. A Member of the Cushman & Wakefield Alliance. This information has been obtained from sources believed to be reliable but has not been verified. No warranty or representation, express or implied, is made as to the condition of the property (or properties) referenced herein or as to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). Any projections, opinions or estimates are subject to uncertainty and do not signify current or future property performance. All rights reserved.
4
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Select $6.6 M 52 Acres Super Mkt, Bank, RE Opportunities 52 Acres Super Bank, 52 Acres Super Mkt,Mkt, Bank, RE RE
mcoe South
52 Acres Plan Within Secondary 52 Acres 52 Acres Within Secondary Plan
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17 Acres Future Residential 17 Acres 17 Acres Close to all amenities Future Residential 17 Acres 17 Acres Future Residential Future Residential 17 Acres Great Location
Value add $6.6 M SOLD! Apartments
Apartments Apartments Apartments Apartments Apartments
DigiTaL DeViCe anytime, anywhere! Published by:
Toronto West Value add West Toronto Toronto West West Toronto Apartments SOLD! Value add Toronto West Toronto Toronto West ValueWest add Value add SOLD! Value addadd add Value SOLD!Value SOLD! SOLD!
Close to all amenities Future Residential Future Residential Residential CloseFuture to all to amenities all amenities GreatClose Location Close to all Close to all to amenities allamenities amenities GreatClose Location Great Location Great Location GreatGreat Location SOLD! Location Hi-rise condo site SOLD! Multi-Tenants, Anchors Coming Soon!
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ed n potential
Established
Coming Soon! Toronto
Hi-rise condo site
Expansion potential Toronto Multi-Tenants, Anchors Coming Soon! Coming Soon! Multi-Tenants, Anchors Coming Soon! 6.5 % CR Multi-Tenants, Anchors Coming Soon! Multi-Tenants, Anchors Coming Soon! Established Hi-rise condo Profitable Established Manf. Co Hi-rise condo site site Multi-Tenants, Anchors Coming Multi-Tenants, Anchors Established Hi-riseComing condoSoon! site Soon! Established Hi-rise condo site Expansion potential Toronto
60 years same owner Expansion potential Established 6.5 %potential CR Expansion Great Opportunity Expansion potential 6.5 %Established CR Expansion 6.5 %Expansion CR% potential 6.5 CR potential 6.5 %6.5 CR% CR
Toronto Hi-rise condo site Toronto Hi-rise Torontocondo site Mike K. Nanavati Toronto Toronto Mike K.Broker Nanavati of Record Wind Star Realty Limited, Brokerage Broker of Record Mike K. Nanavati 416-225-2226 Wind Star Realty Limited, Broker Brokerage of Record
mnanavati@sympatico.ca Mike K. Nanavati Wind Star Realty Limited, Brokerage 416-225-2226
Now you can view all Commercial Investor magazines any smartphone, tablet or desktop device.
Mike K.of Nanavati Broker Record Mike K. Nanavati online using BrokerBrokerage ofBroker Record mnanavati@sympatico.ca Mike K.of Nanavati Wind Star Realty Limited, Record mnanavati@sympatico.ca BrokerBrokerage of Record Wind Star Realty BrokerBrokerage of Record Wind StarLimited, Realty Limited, 416-225-2226 Wind Star Realty Limited, Brokerage 416-225-2226 Wind Star Realty Limited, Brokerage 416-225-2226 mnanavati@sympatico.ca 416-225-2226 mnanavati@sympatico.ca 416-225-2226 mnanavati@sympatico.ca mnanavati@sympatico.ca mnanavati@sympatico.ca 416-225-2226 Mike K. Nanavati
TheCOMMerCiaLinVesTOr.Ca
Cindy Wen BROKER
TOP PRODUCER
647.204.5336 ccwen008@yahoo.com www.TorontoHomeBuySell.com
Cindy Wen offers seller’s client: GUARANTEED HOUSE SOLD program, free property evaluation, free home staging consultation. Offers Buyer’s Client: Guaranteed stress-free experience, free home buyer consultation, best suitable mortgage solutions.
Remax Crossroads Realty Inc., Brokerage Office 416.491.4002
GTA NEW HOUSE PROJECT FROM 700K LOW DEPOSIT MOVE IN 2021
Call Realtor Cindy Wen 647-204-5336
CLIENT TESTIMONIAL
Property Management & Investment
“I was very pleased with the job done by Cindy Wen. Her hard work and professionalism created maximum exposure, getting me well over the asking price on the sale of my house. Trusting in Cindy also got me a new home at a great price & in my desired neighbourhood. Cindy Wen is truly a top-notch Realtor. “ — Karl G
WWS Global Group Inc.
GTA COMMERCIAL PLAZA FOR SALE AND UNIT FOR RENT
Great potential for Investments and Redevelopments. Call Realtor Cindy 647-204-5336
647.580.6811
We help investors to lease and manage residential and commercial property all over in GTA
PICKERING NUTOWNS
SCARBOROUGH TOWN CENTER CONDO
Brand New Pickering Central Stacked Townhouse for Sale $569,000. Move in May 2021. Call Realtor Cindy 647-204-5336
Luxury Scarborough Town Center 2 Bed Condo with Parking and Locker for Lease From $1800. Call Realtor Cindy 647-204-5336
5
Derek Green
RE/MAX Eastern Realty Inc, Brokerage
Sales Representative
1.800.567.4546
91 George Street North, Second Floor, PO Box 2409 Peterborough, Ontario, K9J 7Y8
Derek.Green@Remax.net
Tel: 1.705.743.9111
EXCLUSIVE LISTING
179-191 Queen Street, Port Perry SITE: 0.39 Acres RETAIL: 12,000 SF + RESIDENTIAL: 11 suites
33 Colborne Street, FENELoN FaLLS SITE: 25 x 114 RETAIL: 2,000 sf RESIDENTIAL: 3 suites MLS
Fax: 1.705.743.1034 • Port Perry’s most recognized building landmark and downtown’s retail anchor, now 15-20 min away from expanded 407/412 and only 65 km from DVP/401 • Extreme visibility directly across from Post Office and nestled between three major banks, a pharmacy, and public library • Stable, long-term retail income occupied by quality, thriving tenants • Residential income from 11 upper apartment suites, some with lake views • Significant upside potential through market leasing and/or build-out/ redevelopment of underutilized space. • Can be purchased together with 33 Colborne Street, Fenelon Falls • Full information package available
• Great investment/income property in the heard of beautiful Fenelon Falls • 3 rental apartments and 2 commercial/retail units. • High traffic, high visibility location just steps away from one of the busiest locks in the Trent Severn Waterway. • Can be purchased together with 179-191 Queen Street, Port Perry
Doug Freiburger Sales Representative
(519) 270-3855 Email: dfreiburger@sutton.com Website: http://www.sellwithdoug.ca
Sutton-Huron Shores Realty Inc., Brokerage. Independently Owned and Operated
5101 Hwy. 21, Port Elgin
$1,400,000 LOCATION LOCATION!! This may be one of Saugeen Shores greatest commercial investments. Ideally located in the south commercial area of Port Elgin. A wellkept solidly constructed structure on nearly an acre of land. Boasting long standing tenants and a cap rate to brag about. Book a showing today in what may be your best opportunity in years. As per Sellers instructions financial statements available only with serious offer.
6
UNITS AVAILABLE: • Pad 1: Leased to Browns Social Group • Pad 2: 6,600 sq. ft. at $40.00/sq. ft. (Drive-thru) • Inline: Up to 9,505 sq. ft. at $25.00/sq. ft.
7
v
$3,200,000
310-316 ERB ST W, WATERLOO
CALL RYAN BRIGGS
2583 SANDHILLS RD, BADEN
0.74 acre development lot near Uptown Waterloo. Proposed 93 unit 6 storey residential apartment building. On public transit route and close to LRT. Architectural plans and engineering reports available. Currently professionally managed rental units. MLS.
$27/SF
191 KING ST S, WATERLOO
CALL RYAN
59 LORNE AVE E, STRATFORD
Retail unit available at Bauer Marketplace in Uptown Waterloo. $27/sf rent plus. $10.50/sf CAM. Great location close to Mark Nunes, Bauer Kitchener, Vincezo’s, etc. Zoning allows many retail and office uses. Exclusive. CALL DUNCAN MCLEAN
$12.75/SF
$ VARIES
CELL:
519.578.0337
CALL NEIL KOEBEL
$27.50/SF
1,002sf, 4,755sf or 5,757sf prime commercial space in Downtown Kitchener. D-1 Zoning. Brick and beam building currently being renovated. Tim Horton’s will occupy space fronting on King St. Great location in Downtown Kitchener, close to LRT, residential, restaurants and shopping. MLS.
SARNIA BUSINESS AND PROPERTY
$130,000 net rent per year • Extra land for additional development
$2,500,000 8
CALL NEIL KOEBEL
Sales Representative
Sales Representative
CELL:
519.498.5775
Ryan@cmarealty.ca
CELL:
519.590.7997
Duncan@cmarealty.ca
Sean Gicopoulos COMMERCIAL CANADA INC
WE MADE THE SWITCH TO EXP., MAYBE YOU SHOULD TOO!
seangic@gmail.com
Cell 519-852-4426
SOUTHWEST ON RESTAURANT W/PROPERTY $1.9 MIL
• Free standing building of
with great tenants
Apartment/Condo Land For Sale. Proposed 125 Unit apartment or condo development. Approx. 2 acres of midrise residential land. Located on Norfolk Golf & Country Club, Simcoe, Ontario. Subject to zone change and site plan approval (estimated one year away). Asking $20,000 per unit. Exclusive Listing
Sales Representative Investments And Residential
Cell 519-852-4458
• Approximately
$2,500,000
SIMCOE
Broker of Record
519.741.6594
ggicopoulos@gmail.com
• Over 2 acres of land • 8,500 sq ft building
Vacant 2,265 sf. unit ready for your improvements. CAM approximately $8.00/sf. Join Tim Horton’s, McDonald’s, Service Canada, TD Bank and many more. Available immediately. MLS.
DUNCAN MCLEAN
Sales Representative Business-Commercial Sales and Leasing
LONDON PLAZA
$12.75/SF
RYAN BRIGGS
George Gicopoulos
$895,000
771 ERIE ST, STRATFORD
NEIL KOEBEL
Neil@cmarealty.ca
over 6,500 ft² on 1.3 acres • Licenced restaurant of over 200 seats plus patio • Property only or property and business with possible re-development • Last exit off 402 before Port Huron U.S.A.
CALL REBECCA RAWLINGS
$13.00/SF GROSS
1,260sf office space in Downtown Kitchener. Available immediately. Ideal for lawyer, accountant, massage therapist, chiropractor, etc. Close to Region of Waterloo courthouse, Conestoga College, Centre in the Square. On public transit route, close to the LRT. Close to numerous amenities. MLS.
CALL DUNCAN MCLEAN
1 QUEEN ST N, KITCHENER
3 Units of 1,137sf, 2,196sf & 2,405sf, available. Can be combined for 5,738sf. 2nd floor loft-style office space available immediately. Located in Bauer Building in Uptown Waterloo. Numerous amenities onsite & within walking distance. On public transit route, steps to the LRT. Ample parking available. MLS.
KITCHENER, ONTARIO
82 WEBER ST E, KITCHENER
Fully built out 2,251sf unit with reception, multiple offices, kitchen and boardroom. CAM approximately $8.00/sf. Join Tim Horton’s, McDonald’s, Service Canada, TD Bank and many more. Available immediately. MLS. CALL DUNCAN MCLEAN
187 KING ST S, WATERLOO
CALL DUNCAN MCLEAN
$2,700,000
Baden Farm & Gravel Pit w/ residential bungalow and three outbuildings. Income from cash crop and aggregate licence for 500,000 tonnes/yr. House/outbuildings are currently in disrepair but are renting for approx. $34,000/yr. 60 Acres farmland leased at $6,000/yr. MLS.
• • • •
SALES IN ACCESS OF 2MIL WITH GREAT PROFITS FREE STANDING BUILDING OF ABOUT 5,000 SQ FT 1.3 ACRESS OF LAND PLENTY OF ONSITE PARKING GREAT BUSINESS TOP CONDITION
• • • •
RECENTLY AND COMPLETELY RENOVATED LICENCED FOR 127 INSIDE PLUS 35 ON PATIO AMPLE PARKING GREAT SIGNAGE ON A BUSY ROAD GOOD LONG TERM LEASE
LONDON BAR AND GRILL $250,000
BAR/RESTAURANT BILLIARDS • About 9,000 sq ft. • Intersection of Hwy 24
& Hwy 8, Cambridge • 13 pool tables, patio
plus approved off track betting licence • Good Lease
Only $479,000
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 • LONG TERM LEASE W/ RENEWALS
Asking $825,000 KAPUSKASING CAREFREE INVESTMENT • Free standing building • Long-term franchise tenant • Recently and completely renovated • 6.5% CAP rate • Over 4,000 sq ft building • $65,000 Per year net rent
$1,000,000
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REGIONS Kitchener, Waterloo & Guelph ............. 10 Hamilton ............................................. 16 Southwestern Ontario ...........................19 Greater Toronto Area.............................21
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OTTAWA
LONDON HAMILTON NIAGARA
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TORONTO 1.866.532.2589
GUELPH
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Leo Racioppo KITCHENER/ leo@mediaclassified.ca WATERLOO
CHIEF OPERATING OFFICER John Racioppo john@mediaclassified.ca HAMILTON ACCOUNTING INQUIRIES NIAGARA accountingteam@mediaclassified.ca CIRCULATION INQUIRIES distributionteam@mediaclassified.ca
DIRECTOR OF PRINT MEDIA Lauren Reid-Sachs GRAPHIC DESIGNER & ASSISTANT MANAGER Alicesa Pullan GRAPHIC DESIGNER & PRE-PRESS COORDINATOR Hannah Yarkony GRAPHIC DESIGNERS Sandra Hanak, Johannah Lorenzo, Mike Terentiev, Alice Wu All submissions from interested parties will be considered. Please submit to the editor at editorial@mediaclassified.ca
HEAD OFFICE 610 Applewood Crescent, Suite 401, Vaughan ON L4K 0E3 T: 905.761.3313 | Toll Free: 888.761.3313 | 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
54 QueeN Street, KitcheNer
St N & 410 KiNg St N, sale 405 WeberWaterloo
• Located in Downtown Kitchener • Buyer user potential to occupy building • 13,380 sq ft • $3,495,000
• Located at corner of King St N and Weber St N in Waterloo • High density redevelopment site • Contact Listing Agent for More details MLS
sale
15 ceDar Street, KitcheNer
MLS
co • Rare development land opportunity • Zoned MU2-15H allowing many possibilities • Surrounded by an abundance of other popular retail establishments • 0.137 acre MLS • $935,000
sale
c
360 regiNa St N, Waterloo
di on
t
136 DearborN Place, Waterloo
sale
nd
n itio
• Located near the corner of Elgin St N and Glamis Rd • Close in proximity to Hespeler Rd and Franklin Blvd • 1 acres • $900,000
sale
MLS
15 barNSWalloW Drive, elmira
sale
c
MLS
351 Weber Street North, Waterloo
• Located on Weber St N near Columbia St E / Columbia St W • Many uses for this property, auto sales and repairs, office, some retail, medical • 4,000 sq ft MLS • $1,295,000
al n io
• Located on Regina St N near Columbia St E / Columbia St W • Many uses for this property, restaurant, office, medical, retail, electronic, bakery • 1,500 sq ft
MLS
al
• Rare ¾ acre commercial building lot for sale • Subject to severance • Flexible industrial E3 zoning allows for many uses • 0.75acres
sale
55 glamiS roaD, cambriDge
sale
• Located at the corner of Barnswallow Dr and Church St • Approvals in place for retail plaza with full drawings already completed • 1.572 acres MLS • $1,595,000
529-533 exmouth Street, SarNia
di on
t
al n io
• Fully leased commercial investment opportunity • 50% occupied by Service Ontario • 15,360 sq ft on 0.927 acres
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
January 2–30, 2021
KITCHENER/WATERLOO GUELPH & CAMBRIDGE
519.742.7000 www.coupalmarkou.com
LEASE
7 dUKe street, Kitchener
LEASE
• Located in close proximity to Ontario Court, Courthouse, City Hall, next to LRT stop • 6 offices, 2 storage rooms, kitchen and reception • 2,025 sq ft built out office space • $11.95 / sq ft net MLS
LEASE
678-684 Belmont Ave W, Kitchener
• Located in the heart of Belmont Village • Signage potential • High foot traffic and great side street parking • Units from 691 - 1,790 sq ft • $18.00 – $22.00 / sq ft net
LEASE
mAnitoU / FAirWAy oFFice spAces, Kitchener
• Second Floor Office units in high traffic plaza • Available Now! • Free on-site parking and utilities included • Units from 1,116 – 9,980 sq ft • $12.50 / sq ft net
851 Fischer hAllmAn roAd, Kitchener
• Second floor office space with large windows for natural light • High vehicle traffic with abundant on-site parking • 1,632 sq ft • $20.00 / sq ft net MLS
• Located at a ver busy corner with high vehicle traffic • C2B (neighborhood commercial) zoning allows for many uses • 1,300 sq fr • $30.00 / sq ft
MLS
20 erB street West, WAterloo
• Building located within 1 block of new LRT route and stop • Across street from Waterloo Town Square • 799-3,980 sq ft • $15.95 / sq ft net
MLS
LEASE
573 King st n, WAterloo
LEASE
MLS
LEASE
mAnitoU/FAirWAy retAil spAces, Kitchener
• Located at the intersection of Manitou Dr and Courtland Ave E meets Fairway Rd S • Plaza recently refaced; new facia and signage • Unit Ranges: 1,079 – 7,035 sq ft • $22.00 / sq ft net
MLS
LEASE
620 King street north, WAterloo
• New Build on King Street North • Near many amenities • Breaking ground early 2020 • 1,352 – 2,704 sq ft • $30.00 / sq ft
MLS
MLS
LEASE
65 University AvenUe, Kitchener
• Location South of University Ave and Weber St • Ample free on-site parking • Great signage opportunity and pylon sign on-site • 1,308 sq ft • $30.00 / 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
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
January 2–30, 2021
Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR
11
Counterfeit money and cash handling: What you need to know
If you’re a victim of counterfeiting, you might expect to recoup the losses, but that’s not how it works. Victims aren’t compensated, so it pays to verify your bills. With each new series of banknotes comes ever more sophisticated security features – but they’re only effective if you use them. Here are some of the security features of the latest series of Canadian currency. 12
• Touch the large number, the shoulders of the large portrait, and the words ‘Bank of Canada’/‘Banque du Canada’ on the front of the bill. You should find they are raised to the touch.
COMMERCIAL INVESTOR | Commercial Real Estate & Business Opportunities
• Tilt the top of the bill towards you and you should see sharp colour changes in the metallic building in the large transparent window. • Look at the metallic portrait in the large window – it should match January 2–30, 2021
KITCHENER/WATERLOO GUELPH & CAMBRIDGE the large portrait on the front of the bill. • Look at the numbers in and around the large window; they should match the value of the note and some will appear in reverse. • Look at the frosted maple leaf window and check for the transparent outline. • Note: the $20 bill is the most widely used and counterfeited banknote For a complete list of security features for polymer bills and other bank note series, visit the Bank of Canada website. On top of these security features to look for, you and your employees should practice good cash-handling habits: • Leave currency on the cash register ledge or other secure area visible to the customer until the transaction is complete in order to avoid disputes over the amount being paid. • Count change back to the customer to avoid mistakes.
Dalibor Radulovic Sales Representative dalibor1@rogers.com
• Make sure the cash or cheque from the transaction is placed in the cash drawer or other secure container before handling the next transaction. • Don’t make change for someone who is not making a purchase. • Purchase a counterfeit bill detector and use it. • Check for the security features mentioned above. • Create a company policy on the acceptance of non-Canadian currency and post in a prominent place. Include the exchange rate that will be used. • Have a company policy on rounding cash transactions due to the elimination of the penny and post in a prominent place. • It is against the law to knowingly use a counterfeit bill or to keep one without a lawful reason. If you suspect a bill is counterfeit: • Politely explain your concerns to the customer and request another bill.
• Advise the customer to check the note with the local police. • Notify the local police of a possible attempt to pass counterfeit money. • Avoid putting yourself and your employees at risk. • Be courteous to the customer; they may be an innocent victim, unaware the bill is suspicious. Note: All suspected counterfeit bank notes (U.S. and Canadian) must be turned over to local police. CI Source: cfib-fcei.ca
On top of these security features to look for, you and your employees should practice good cash-handling habits
Chris Mossey
Tunde Abiodun
Rob Piombini
chrismossey@rogers.com
tabiodun@gmail.com
rpiombini@homelifepower.com
Sales Representative
Broker
519-885-8810 385 Frederick Street, Unit 32 Kitchener, Ontario N2H 2P2
Broker
HomeLife Power Realty Inc., Brokerage*
*Independently Owned and Operated
5 parcels of Development Land available in Kitchener & Waterloo (Exclusive Listings). Call for details.
Unit 1&2, 300 Victoria Street North, Kitchener, ON - 1302 Sq/Ft Great Opportunity to Lease a 1302 Sq. Ft. Multi-Use Space. Multi-use allows for retail, office, services and more. High traffic location on Victoria Street North in Kitchener. Other spaces available please call for details. $14.00 per square foot Plus CAM. Immediate Occupancy!
January 2–30, 2021
We have Buyers Ready to Invest in Multi-Family Apartment Buildings between 1-5 Million Throughout Ontario. Please Call the 4M COMMERCIAL GROUP at 519-885-8810
5 Gordon Street, Unit 105 Guelph, ON - 693 Sq/Ft “Market Commons” Retail Condo Unit (Street Level). In the heart of Downtown Guelph. C-8 Zoning allows for retail and commercial uses. Great visibility and easy access to Public Transit. $275,900
Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR
13
KITCHENER/WATERLOO GUELPH & CAMBRIDGE
Coldwellbankercommercial.ca 508 Riverbend Drive, Kitchener
PETER BENNINGER REALTY, BROKERAGE
** Broker * Sales Representative
RETAIL/OFFICE AVAILABLE FOR LEASE KITCHENER
KITCHENER
KITCHENER
MLS® 40021354
MLS® 30769279
MLS® 40045896
171 VICTORIA ST. N.
#1-96 HIGHLAND ROAD W.
8 BLOOMINGDALE RD.
2,613 - 5,225 SF $15.00/SF Lester Tobin* x 3023
870 SF $12.00/SF Lester Tobin* x 3023
982 SF $13.00/SF James Boudreau** x 3020
KITCHENER
KITCHENER
KITCHENER
MLS® 40039723
MLS® 30795609
MLS® 40048568
2-100 HIGHLAND RD. W.
105 KING STREET E.
#203-501 KRUG STREET
862 SF $16.00/SF James Boudreau** x 3020
960 SF $16.50/SF
Steve Gerakopulos* x 3033
BRESLAU
714 SF $13.00/SF James Boudreau** x 3020
KITCHENER
BRIGHT
MLS® 30825717
MLS® 30828106
MLS® 30819862
1O TOWNSEND DRIVE
907168 TOWNSHIP RD.
475 PARK STREET
1,163-2,665 SF $24-26/SF James Boudreau** x 3020
3,672 SF $2,100/Mo. Lester Tobin* x 3023
CAMBRIDGE
BRESLAU
MLS® 30814000
MLS® 30805482
34 WATER STREET N.
#2-31 BEACON POINT CT.
1,764-4,768 SF $11-$11.50/SF James Boudreau** x 3020
890 SF $17.00/SF James Boudreau** x 3020
5,000 SF $10.00/SF James Boudreau** x 3020
GUELPH
MLS® 30826077
21 LEWIS ROAD
3,000 SF $15.00/SF Eric Frey* x 3118
Each office is Independently Owned and Operated 14
COMMERCIAL INVESTOR | Commercial Real Estate & Business Opportunities
January 2–30, 2021
KITCHENER/WATERLOO GUELPH & CAMBRIDGE
Coldwellbankercommercial.ca 508 Riverbend Drive, Kitchener
PETER BENNINGER REALTY, BROKERAGE
** Broker * Sales Representative
BUSINESS FOR SALE
INVESTMENT FOR SALE
WATERLOLO WATERLOO
WATERLOO
MLS® 40048855 MLS® 30826493
MLS® 40021558
36 DEVITT AVE. N.
355 ERB STREET W. retail plaza
Fully leased offering 3,705 SF $895,000 Steve Gerakopulos* x 3033
7,271 SF | 0.66 Ac. $3,500,000
KITCHENER
WATERLOO
Business Only
75 KING STREET S.
1,390 SF | $250,000 James Boudreau** 3020 KITCHENER
Lester Tobin* x 3023
MLS® 30809771 Business Only
#5-935 FREDERICK ST.
MLS® 30820239
109 OTTAWA ST. S.
Multi unit industrial
9,632 SF |0.50 Ac. $1,925,000
Lester Tobin* x: 3023 MLS® 30825717
MLS® 40042859 A203-151 FROBISHER DR. owner/user office 1,143 SF $274,900 James Boudreau** x 3020
2,332 SF | $150,000 James Boudreau** x 3020 KITCHENER
MLS® 40041341
1,163-2,665 SF $24-26/SF LIONS HEAD James Boudreau** x 3020
Business Only
FOR SALE | ACTON
#1-3101 KINGSWAY DRIVE 1,600 SF | $199,000 Lester Tobin x 3023
UPTOWN WATERLOO
MLS® 40014098
MLS® 40028482
117 EAST ROAD
0 WALLACE STREET
site plan approved freestanding industrial/ trucking manufacturing 5.939 Acres | $4,800,000 11,000 SF | 2.5 Acres $1,049,000 Steve Gerakopulos* x 3033 Eric Frey* x 3118
EXCLUSIVE| Business Only UPTOWN WATERLOO 2,650 SF + Patio | $199,000 Lester Tobin* x 3023
Each office is Independently Owned and Operated January 2–30, 2021
Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR
15
HAMILTON
HAMILTON LAND FOR SALE 0.27 Acre site in downtown west Hamilton
All things in place - just need Site Plan Approval
12 units residential development site – 10 towns 2 apts Great for local small to medium sized builder –
Low Risk
Lorenzo Digianfelice
416-907-8281
D ISE AN H C N A R F SS BUSINE ES TUNITI OPPOR
OR.CA
INVEST
RCIAL COMME
THE
OW R G U O Y P L E H WE MS A E R D YOUR ONTACT ATION C M R O F ant ING IN Consult VERTIS , Media classified.ca Y FOR AD E C media UE FA YHANI.2Q606 | yhanique@ Consultant ia 36 .ca 1.866.5 UA, Me@d mediaclassified K E N H DAP 593 | daphne -532-2 6 6 8 1-
Idigianfelice@cfrealty.ca
ECTION ST SEL THE BE ERCIAL, M OF COM RIAL, INDUST E AND IS FRANCH SS BUSINE NITIES TU OPPOR
35 The Links Rd #201 Toronto, ON, M2P 1T7 • 416-972-9220
MULTI UNIT COMMERCIAL BUILDING FOR SALE BBSREALTY.COM
16 Myrtle Avenue, Hamilton, ON Multi unit commercial property in downtown Hamilton. This property offers onsite parking and two driveways- one off Main Street and one off Myrtle. C2 zoning. Currently set up as 11 units. 13 parking spaces plus street parking. Fire separation in place. Projected NOI of $95,447.00
16
John MacNamara
Paul Mariutti
Sales Representative Office: 905.529.5900 Ext. 211 Email: macnamara@bbsrealty.com
Sales Representative Office: 905.529.5900 Ext. 212 Email: mariutti@bbsrealty.com
COMMERCIAL INVESTOR | Commercial Real Estate & Business Opportunities
January 2–30, 2021
HAMILTON
$1,850,000
1449 CONCESSION 13 TOWNSEND, TOWNSEND Welcome to “Villa Nova Estate Winery” - picturesque 100 ac parcel. Incs 1.5 stry 5 bedroom dwelling- ftrs master loft, spacious rooms, wood burning FP, hardwood flrs, vlted ceilings, new deck to on-ground pool, WO basement. Incs licensed/comm. zoned Winery-2006 enjoys 450sf retail space, 1070sf outdoor tasting deck + 1120sf processing room. Incs 25x60 P&B storage barn, 30/40 ac arable land, 10 ac grapes planted’96 producing wine s’06/retail sales’07.
$695,000
2095 MAIN STREET N, JARVIS 6 ac commercial parcel located in Jarvis. Over 400ft of Main Street frontage incs. asphalt parking lot surrounding 3040sf (38x80) metal clad storage building mounted on conc. pier foundation rented for $1,300 p/month PLUS well maintained 4070sf conc. block, retail/comm. building suitable for several uses. 2048sf of retail space, cloak room, steel girded/free-span interior roof ceiling, 3 large bathrooms, 632sf multi-purpose room w/insulated roll-up door, front display windows, glass entry doors, Incs 4.8 ac north parcel offering development potential.
$539,000
46 ARGYLE STREET N, CALEDONIA 3 stry comm/residential building. Incs rear alley entry offering 3-4 car parking plus street parking. MAIN LEVEL - 880sf comm/retail unit, 2ND LEVEL - 3 bdrm residential unit, 3RD LEVEL - 1 bdrm residential unit & 3RD LEVEL/ATTIC - 1 bdrm residential unit. All units currently rented. Serviced w/3 hydro meters, 1 n/gas meter, 1 water/sewer meter. Excellent Investment Opportunity!!
$419,900
895 BARTON STREET E, HAMILTON Clean Comm/Res. property on Barton St, excellent visual exposure, hi-volume vehicle/pedestrian traffic. Near City Transit Routes + Red Hill/Linc/QEW access. Incs Comm. unit + 2 bdrm Residential rear unit utilizing both main & 2nd floor. Comm. unit is renovat’d from “studs-out” in past 4 years ftrs new plumbing/ electrical/insulation/drywall/flooring + display windows. Extras - n/g furn-2018, AC-2012, n/g water heater-2018, roof-2015, 100 amp*breakers*, 2 hydro meters, 42” TV/Security Camera System w/desk & paved rear parking for 4-6 vehicles accessed by thru alley. Generating $19,200 annual of gross income.
$395,000
65 CHURCH STREET, JARVIS 0.74 ac commercial property located in the Village of Jarvis. Incs aprx. 8,216sf metal clad storage building mounted on poured concrete foundation currently leased for $2,700 p/month - indications tenant would continue on with lease. Also included is massive aprx. 35,000sf chain link parking compound with part of compound leased for $500 p/month to towing company. Ideal for small business owner as a warehouse/depot/office offering unlimited potential. Can be purchased with adjacent 6 acre property located at 2095 Main St North.
$375,000
2895 12TH CONCESSION ROAD, HAGERSVILLE Desirable 1 acre comm/industrial property. Includes approx. 2900sf insulated metal clad building. Zoned “Light Industrial” allowing for many uses from industrial to commercial includes fully fenced rear compound enclosure suitable for various business types.
January 2–30, 2021
Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR
17
HAMILTON
SkyViews
Your Price for ‘Upside’ Finding Value in the Grey Areas By Cliff Ford, Skyview Realty
With the ever-increasing demand for multi-unit residential properties amongst investors, a trend has been emerging over the last number of years. Many properties, and certainly buildings with 30+ units, are seeing multiple offers as part of an open bid submission process. If you aren’t familiar with the bid submission process, it is the act of marketing a property for sale without providing a price. Typically, the Seller will provide all due diligence documents in advance of the offer deadline to allow buyers to determine what they are willing to offer on any given property. Sellers love this process as it can generally lead to multiple offers and can create a bidding war that drives up their end price. Buyers dislike this process, however, because they prefer to have some guidance on pricing going into the offer stage. As a brokerage, we are caught in the middle of wanting to deliver great results for our Seller and satisfying our buyer clients’ demands for more investment properties. What we have been noticing with these open bid properties is that ‘upside’ becomes a very common discussion point. The value a buyer places on the upside in a building can often become the factor that makes their offer stand out among the rest, at least as it relates to purchase price. When considering what the upside is on a property, its more than just rental rate upside, especially considering the lower vacancy rates seen in the Ontario market nowadays. Beyond the upside of what you could rent turned-over units for, investors are looking at upside in the utility consumptions by implementing programs to replace lighting with LED bulbs, installing Low-flow toilets in every unit, and investing in higher efficiency heating equipment. Upside can also be found in converting excess space in a building to either additional units, commercial space, or amenities that could draw in greater tenant rents. Sometimes even the location of the property itself
18
COMMERCIAL INVESTOR | Commercial Real Estate & Business Opportunities
can have a form of upside for a particular buyer, in that they may own a building nearby and could create valued upside in the sharing of mutual expenses between each property. Whatever the upside factors may be on any particular property, when going into a purchase process, understanding what YOUR value is on the upside will give you a leg up when bidding against other buyers. It appears that, at least for the time being, the sale price of the property is no longer determined just by market comparable sales. It is now the grey areas of upside that are driving the prices higher. Of course if every seller had their way, the Buyer would be paying for 100% of the upside in their purchase price but realistic sellers also know that they need to leave something on the table for a buyer. As a buyer, you need to know what the upside is and how much you are willing to pay for that upside. It is a business decision that only you can determine based on your operations. To be fair when discussing bid submission processes, it should be stated that price may not always be the only factor when a seller chooses one offer to work with over another, but it is likely the most significant factor. As an example, buyers are becoming more and more organized in their purchasing processes in order to streamline their conditional periods and closing dates, as this can also help to achieve a sign back from a Seller when multiple offers are on the table. Especially if all offering prices are neck and neck, the terms of the offer becomes an important factor for a seller. You may not be a fan of the open bid submission process, but it appears as if this new trend will be sticking around. By doing proper due diligence upfront, good research on the property’s market, and determining the price you want to pay for the upside, you can still achieve great acquisitions in this tight and highly sought after investment class.
January 2–30, 2021
SOUTHWESTERN ONTARIO
Bring the Cushman & Wakefield edge to your next Commercial Real Estate transaction.
CONTACT US
Although these are unsettling times and it may not be ‘business as usual’, at Cushman & Wakefield Southwestern Ontario we are working hard to continue providing our clients with the highest level of service. We continue adhering to the Public Health recommendations, while striving to provide the excellent service you are accustomed to. Despite the unprecedented challenges, we want you to know that we are here for you and doing business.
MONDAY - FRIDAY 9 AM-5 PM
519 438 5588 info.lws@cushwakeswo.com
Feel free to reach out to us anytime!
www.cushwakeswo.com
©2020 Cushman & Wakefield Southwestern Ontario, Real Estate Brokerage, Independently Owned and Operated. A Member of the Cushman & Wakefield Alliance.
WE HELP YOU GROW YOUR DREAMS
Featuring: Commercial•Industrial•Franchise+Business Opportunities
FREE
September 31–October 30, 2019 Volume 19 | Issue 1
Full Coverage Area Including: London • Kitchener • Niagara Falls • Hamilton • Toronto • Ottawa TrenT Hills | 14.29 Acres wiTH excellenT roAd FronTAge
Introducing “The Ridge” 14.29 Acres Ideally Situated Abutting The Urban Boundary & Over Looking The Trent/Severn Canal! As “”Infill”” As They Come, This Parcel Is Nestled Amongst Residential Homes w/ Excellent Road Frontage On 6th Line West+Victoria St. Municipal Services Only Steps Away, This Property Is A Blank Canvas For Your “Inner” Developer. Mins. Away From Downtown Campbellford Right Off County Rd 30/Grand Rd. Ideal Investment For Future Development. MATTHew gArneT sales representative Re/Max West Realty Inc., BRokeRage. dIRect: 416.509.3036 offIce: 905.773.8000 eMaIl: MatThelandFinder@gmail.com
353-357 ARVIN AVENUE, STONEY CREEK
• 27,994 square feet. 5 drive-in doors & 1 truck level • 2.8 acres • M2 zoning. Permits a wide range of uses including motor vehicle repair and outside storage. 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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1-888-761-3313 January 2–30, 2021
D TE AN W
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SOLD BY WINCORP REALTY INC. • Large and Small Apartment Buildings anywhere in Ontario • Have many CASH Buyers ready to invest NOW • Specializing in multi-residential sales for over 40 years • References supplied • Confidentiality guaranteed 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
Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR
19
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 makeup any shortfalls from the unit owners.
20
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 have a large impact on your dayto-day life.
COMMERCIAL INVESTOR | Commercial Real Estate & Business Opportunities
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
January 2–30, 2021
GREATER TORONTO AREA
Specializing in all your financial needs since 1975 ✓ Residential 1st and 2nd Mortgages ✓ Land ✓ Construction ✓ Commercial Investment ✓ Apartment Buidlings
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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
Victoria Kirk Carter Rickman BROKER
MOVEYOU
SALES REPRESENTATIVE Percy Fulton Ltd.
d: 647.669.8425 or 905.626.3294 e: TwoMoveYou@gmail.com 362 Kingston Road West
BRIGHTON: Multiplexes For Sale
• Two Mixed Use Buildings (Both Commercial And Residential) For Sale In Growing Brighton • $825,000, And $1,750,000
TRENTON
• Triplex For Sale $679,900
BELLEVILLE
• Fantastic Opportunity To Lease 905 Sq Feet At High Traffic Kingston And Westney Rd. • Take Advantage Of Current Government Incentives To Retrieve Up To 65% Of Your Rent! • $24 Per Sq’ Plus $12 TMI (Approximately $2715 Per Month Before Rebate)
• Professional Building For Sale • 6045 Sq Feet Of Multi- Purpose Space. Concept Plans Available. • $899,000
PEC
• Income Generating Short Term Cottage Rentals With Beach • $2,000,000
There Are So Many Opportunities For Investors EAST Of The GTA! Contact Kirk Rickman And Victoria Carter.
www.2MoveYouGuarantee.com Find Out More About Our Guaranteed Services
January 2–30, 2021
Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR
21
Options and credit practices in
export financing Exporters doing business in unfamiliar territory can expect higher risk, and those additional financial and political risks may require extra financing. To develop a clear and concise export financing plan, you must assess a number of issues.
overseas investments. The Export Development Canada’s (EDC) Export Protect product insures transactions against nonpayment by foreign buyers. EDC will help collect your funds in cases of breach of contract, nonpayment, expropriation or political instability.
Payment guarantees Working capital Prospecting and operating in foreign markets usually requires a greater investment than the same operations would need at home. A single large order or many small orders from overseas can affect your productivity and inventory capacity, and in some cases, foreign buyers may request 22
longer payment terms, which can affect your working capital.
Political risk insurance Not all importing countries enjoy the political, social and economic stability to which we are accustomed in Canada. Special insurance policies are often necessary, particularly to protect
COMMERCIAL INVESTOR | Commercial Real Estate & Business Opportunities
You may be dealing with clients and intermediaries you hardly know, in an economic context that is foreign to you. Take extra precautions and expect complications, such as late payments and fluctuations in exchange rates. You should have a plan of action in place before such problems arise. EDC also offers loans or credit lines to foreign buyers to encourage them January 2–30, 2021
(CCC) offers foreign buyers security by providing a Canadian governmentbacked guarantee of contract performance. The agency offers a range of pre-contract, advisory and post-contract services.
Long-term financing to purchase fixed assets As your export venture thrives, your productivity and capacity will need to grow, meaning you may be required to plan for long-term financing. BDC financing products for present and future Canadian exporters combine long-term financing and flexible repayment options. BDC can finance the equipment purchases, retooling and increased inventory that exporters often need. It can also offer commercial real estate financing should you outgrow your current facilities.
Cash in advance
to purchase goods or services from Canadian companies. In this way, a Canadian business can make what amounts to a cash sale, and EDC will collect the payment. EDC’s Accounts Receivable Insurance (ARI) protects your business against foreign buyers who can’t or won’t pay up. It covers up to 90 per cent of the value of the sale.
When a domestic buyer has a good credit rating, sales are often made on an open account. However, this approach fully exposes the seller to credit risk until payment has been made. When exporting, there are several ways to protect your sale. One option is to consider asking for cash in advance. This relieves you of collection problems and allows immediate use of the money. Wire transfers are commonly used. Keep in mind that payment by cheque may result in collection delays of up to six weeks. If you accept credit card payments, beware of fraud.
Letters of credit Security for foreign distributors or clients The people you will be doing business with abroad do not know you, so they may ask you for guarantees. That is particularly true in the public, agriculture and food sectors. The Canadian Commercial Corporation January 2–30, 2021
A letter of credit is essentially a financial contract between a bank, its customer and the beneficiary. It outlines the conditions under which payment will be made. The buyer generally specifies the conditions, which usually include provisions of insurance forms, bills of lading,
customs forms, various certificates and the like. Think of these documents as ways of safeguarding the integrity of the purchased product.
Collections Collections are usually the responsibility of the exporter’s bank. There are two types of collections: Documentary and draft/clean. In a documentary collection, your bank deals with a foreign bank and sends payment instructions. A documentary credit means you are entitled to receive payment once the shipping and commercial documents have been presented to the foreign bank. A draft/ clean collection is similar to a cheque. The buyer sends a draft while waiting for the shipment to arrive, and the exporter transfers the product when the draft clears. A draft carries a risk similar to that of a cheque, as it may be not honoured.
Open accounts This is the riskiest payment option, as the risk falls entirely on the exporter. Buyers and sellers will typically negotiate a payment deadline of 30 to 90 days or even longer, depending on the relationship and transaction. If you are considering this form of payment, you need to have a clear understanding of all political, economic and commercial risks involved.
Dealing with payment problems If negotiations with your customer fail, you should obtain the assistance and advice of your bank, legal counsel and other qualified experts. Since arbitration is often faster and less costly than legal action, this step is preferable, provided both parties agree to take their dispute to an arbitration agency. For more information, go to bdc.ca CI
Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR
23
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.
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.”
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,
24
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
January 2–30, 2021
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 25
Building Value Through Renovation A successful real estate investment case study, from the host of 30 Minutes To Wealth. By 30 Minutes To Wealth, Real Estate Talk Show
You know what they say, buy the cheapest house in the best neighbourhood! Well, that’s what was done here by 30 Minutes To Wealth host Carmen Campagnaro, at her property in the GTA. This house was reasonably purchased off-market, cosmetically renovated, and an in-law suite was added with a separate entrance to create value through a BRRRR (buy, renovate, rent, refinance, repeat) strategy! Read on for valuable tips and to find out more about this project.
Before
Real Estate Investor Carmen Campagnaro
After
The information contained in this article is provided for educational purposes only by 30 Minutes To Wealth. All information presented is provided in good faith, however we make no representation or warranty of any kind, express or implied, regarding the accuracy, adequacy, validity, reliability, availability or completeness of any information of this article.
26
INVESTMENT TIPS
RENOVATION TIPS
Knock Knock Are you looking for a particular property but are having trouble finding one available? Don’t be afraid to go door-to-door on the street you are looking to purchase. You might find an interested seller who is willing to do a private deal. This could allow you to purchase a property off-market, avoid potential bidding wars, save on fees, and score a great property.
Paint it out! If your cabinets are in great shape consider having them professionally painted to dramatically change the look. The cost to paint this kitchen was approximately $2000, which was a huge savings from having to replace the cabinets all together.
Furnish It If you are looking for maximum rental returns, consider renting your unit as a furnished short-term rental. Typically there are larger upfront costs and property management fees required when using this strategy, however the upside in rental income compared to a traditional unfurnished rental could really make a difference in your cash flow and overall profitability. Second Hand Treasures Looking to furnish your property on a budget while still maintaining a unique and high quality product? Consider sourcing materials and decor from second hand sources such as Kijiji, Marketplace, estate sales, garage sales, etc. You could find some incredible pieces for much less compared to the cost of buying new! Not only are you cutting down on your renovation costs, but you can create a unique and desirable finished product that stands out from the competition. Score!
Hardware and Accessories Consider updating your kitchen hardware with something more modern to totally transform it’s look. In this case Carmen went with gold handles to match the new faucet and accents throughout the kitchen. The final look came together by adding a brand new stone counter top.
Remodeled Kitchen
Have Fun Add a bit of design flare without being too bold. In this case Carmen decided to use a classic Moroccan tile throughout the main floor. By going with a muted grey shade for the tile, she was able to tone down the pattern and still create a design statement without being too loud. Hidden Gem Look for a property that has wall-to-wall carpeting. Chances are there is hardwood hiding under that carpet just waiting to shine again. In this case Carmen was able to uncover a house full of beautiful hardwood that was in great shape. This created a huge savings for the project, by not having to install new hardwood throughout the entire house.
Updated Bathroom
In-Law Suite Success This property was originally a standard 3 bedroom family home with an unfinished basement, and Carmen saw the potential in creating a finished in-law suite. Adding a basement apartment can enhance the value of a home by offering additional space for blended or extended families. Additionally, a basement apartment can be rented out, and the income can be used to support carrying costs of the entire house!
Curb Appeal Don’t underestimate the value of first impressions! Curb appeal is very important to making a home more appealing to buyers. In this case, Carmen added some much needed architectural flare with a new covered front porch. She also went with a fresh new paint colour, one that makes the house really pop amongst the other homes. View the full case study online at 30MinutesToWealth.com.
TEACHING YOU HOW TO BUILD WEALTH THROUGH REAL ESTATE
Watch all episodes at 30MinutesToWealth.com Friday Nights 12:30 AM
Saturday Mornings 10:30 AM 27
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Mazhar Roshan Sales Representative
905.929.9800 647.609.9463 905.574.6400
HomeLife Professionals Realty Inc.
Direct
BROKERAGE
GTA Direct
I have qualified buyers for up to $5M in commercial and investment buyers. Call for details.
Office
mazharroshan@sympatico.ca 53 ACRES OF LAND
HAMILTON
Across from new proposed Hospital in Niagara Falls off exit #21 of QEW. Land has 1,900 Ft. frontage. Great potential for future development. Call Mazhar Roshan for more details.
Off exit # 21 QEW minutes away from new proposed hospital. Good for future development or investment. Land has 1,800 Ft. frontage on QEW. 2,400 ft on Marshall Road and 1,200 Ft. on Willodell Road. Currently leased to a farmer. For more details call Mazhar Roshan.
M
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R J IV ED UST AT UC ED ED SE LL ER !
18 ACRES OF LAND
BURLINGTON FOR LEASE
2000 Sq. Ft. on lower level for storage.
WELL ESTABLISHED HIGH VOLUME CANADA POST FRANCHISE BUSINESS AVAILABLE FOR SALE
For more inquiries please call Mazhar Roshan at 905 929 9800
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Long established variety and laundromat business. Store sale $22,000 per month. Lottery income $3,600 per month. Nevada $300 atm $300 per month. Laundromat income $9000/mth. 20 Washer and 15 dryers (few newer) alterations and dry cleaning drop off. Very reasonable rent. Long lease. Do not go direct please call lbo for more details
9 WOODBURY – HAMILTON
A E L
D E S
5000 sq ft part of Industrial Building Available for lease in low tax Brant County. The building features 14x14 drive-in shipping doors as well as fenced rear yard & M3 outside storage. One min from Hwy 403 interchange. Lot size provides ample parking. good for light manufacturing, warehouse, distribution & storage. Huge two-level office with fully equipped board room lunchroom and washroom.
D L
CONVENIENCE STORE
Long established very busy real money making convenience store, owner retiring after 25+ years, on bus route close to shopping, highway and all amenities. Store sales are over $40,000 per month good margin of profit, lotto income $4,000 per month, ATM income $750 per month, rent $3,900 per month, short hours 8 am to 9 pm, long lease available, good for big family, go direct but do not talk to employees. For more details call Mazhar Roshan at 905-929-9800. Asking price is $169,900.
GET SOLD R E A L T Y
I N C .
WITH RE/MAX GOLD GET SOLD
B R O K E R A G E
GORDY KHUMAN Broker of Record
GORDY KHUMAN WITHinfo@remaxgoldrealty.com RE/MAX GOLD Broker of Record
905.673.8500 MALTON I N C . B R O K E R A G E
R E A L T Y
ERIN MILLS COMMERCIAL - RIDGEWAY & EGLINTON 905.673.8500 MALTON CENTREinfo@remaxgoldrealty.com NOW LAUNCHED III ERIN MILLS COMMERCIAL CENTREPHASE - RIDGEWAY & EGLINTON NOW LAUNCHED PHASE III
35 ACRES OF COMMERCIAL DEVELOPMENT 35 ACRES OF COMMERCIAL DEVELOPMENT
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905.456.1010 BRAMPTON 905.673.8500 MALTON 905.456.1010MISSISSAUGA BRAMPTON 905.290.6777 905.673.8500 MALTON 905.290.6777 MISSISSAUGA
Industrial & Commercial Unit with E2 Zoning Starting from 7900 Sq Ft to 40,000 Sq Ft Industrial & Commercial Unit with E2 Zoning Starting from 7900 Sq Ft to 40,000 Sq Ft 39
34
VERY RARE VERY RARE FIND FIND
125 hartzel road, St. cathariNeS
133 hartzel road, St. cathariNeS
4581 North Service road, BeamSville
Stand alone 7,402 sf Service Related/office building with ample parking. Used as VW dealership. 6 car shop with floor drains, mezzanine area, offices and showroom. Men’s & Womens washrooms. Gated fenced yard. Exterior lighting. Offered at $2,250,000
Stand alone 1,736 sf commercial building available on busy Hartzel Rd. Being sold as is where is. Former Veterinary Clinic. 8’ ceilings. Multiple exam rooms, front reception area. 3 man doors. Kitchenette & washroom. Ample parking with mutual drive. Offered at $375,000
Ice Wine & Ice Cider Production Facility located in the Lincoln Lakeshore sub-appellation on +/-39.98 acres. This property is an assembly of 3 parcels featuring flat landscape downwards to Lake Ontario. Cleared lands ready for new plantings. Views of the escarpment and the Toronto Skyline. Offered at $10,988,000.00
1413 SpearS road, Fort erie
4796 victoria ave., Niagara FallS
2015 allaNport road, thorold
+/-7.19 acres of prestige industrial land located directly in front of the QEW. It is approx. 4 km from the Peace Bridge crossing into the USA. Offered at $725,000.00
+/-6,000 sq. ft. office building in the Downtown core of Niagara Falls. Presently occupied by a pharmacy on the main floor level, consisting of +/-3,000 sq. ft. with the upper level, with own separate entrance consisting of +/-3,000 sq. ft. Basement with bathrooms and storage. New HVAC, 2 new bathrooms on main floor, parking for 10, next to new medical centre. Offered at $995,000.00
+/- 30.13 Acres of Dry Industrial Land for sale, including a +/- 4,000 sq. ft. , 2 storey house. Can be developed as an industrial site or as presently used, a cash crop. Many permitted uses with a 24’ X 60’ block barn and a wood barn. Side by side homes with separate entrances. Main house has 100 amp service, second home has 200 amp service. Offered at $2,499,000.00
For leaSe
1326 BarroN road, thorold
(iNduStrial leaSe) 2 Keefer Rd., St. Catharines – (+/-12,258 sf) - $7.00 psf net 27 Keefer Rd., St. Catharines – #2A – (+/- 4.044 sf) - $6.50 psf net 27 Keefer Rd., St. Catharines – #2B – (+/- 5,428 sf) - $6.50 psf net 188 Bunting Rd., St. Catharines – #6 – (+/-1,250 sf) -$7.50 psf net 188 Bunting Rd., St. Catharines – #8B-9B – (+/-2,500 sf) - $7.50 psf net 340A Lakeshore Rd., St. Catharines – (+/-31,311 sf) $6.00 psf net 15 Neilson Ave., St. Catharines – 15C – (+/-2,000 sf) $7.00 psf net
30
Well maintained industrial building available, situated on +/- 5.68 acres. Currently approx. +/- 15,000 sf lease to 2 tenants with expiry date of Dec. 2022 and Feb. 2024. New Quonset Building available for lease and also 2,700 sf office space with baseboard heat & window a/c. Large Open production area and sizeable gravel shared yard. Three drive in doors. Ceiling hgts. range from 16’ to 22’. 600V 3 phase. 7 ton crane available. Potential annual income $108,000. Offered at $1,600,000.00
Colliers International Niagara Ltd.,
Real Estate Brokerage 82 Lake Street, Suite 200, St. Catharines, ON L2R 5X4 www.collierscanada.com 905-354-7413 133 haNNover drIve, St. CatharINeS
1219 hurrICaNe road, thoroLd
+/-1.8 acres serviced vacant land with direct exposure to the QEW. Building permit application submitted and fees paid for a 22,500 sq. ft. single floor Prestige Office Building. All planning, architectural, engineering drawings completed. SPA submitted but not yet approved. Offered at $2,495,000.00 Taylor Wilson, Broker of Record taylor.wilson@colliers.com
60 acres Industrial Land available, located in the southern sector of the City of Thorold, only 25 minutes to U.S. Border. Hydro 1 right of way affecting approx. 1/2 acre and easements in favour of InterProvincial Pipeline & TransCanada Pipelines also affect the property. Offered at $2,900,000 Ralph Roselli, Sales Representative ralph.roselli@colliers.com
7301 LuNdy’S LaNe, NIagara FaLLS
1031 NIagara Street, WeLLaNd
1326 BarroN road, thoroLd
Land development opportunity containing approximately 1.62 acres on the tourist route to the heart of Niagara Falls. Proposed 8 storey, 91 unit condo development ground floor additional parking, plenty of parking to accomodate, pre-consulting with the City completed. Access to site from both Lundy’s Lane and Royal Manor Drive. Offered at $2,495,000.00 Ralph Roselli, Sales Representative ralph.roselli@colliers.com
5,800 sf free standing building available on busy Niagara St between Quaker & Merritt Rds. Office/ Showroom area comprising 2,150 sf with forced air heating & fully air conditioned. Rear shop areas comprises 3,650 sf with 6 drive in doors and radiant tube heating. Ceiling heights range from 9’ to 11’. Parking for over 200 vehicles. Offered at $1,400,000.00 Ralph Roselli, Sales Representative ralph.roselli@colliers.com
Well maintained industrial building available, situated on 5.68 acres. Currently approx. 15,000 sf lease to 2 tenants with expiry date of Dec. 2022 and Feb. 2024. New Quonset Building available for lease and also 2,700 sf office space with baseboard heat & window a/c. Radiant heating in warehouse areas. Large Open production area and sizeable gravel shared yard. Potential annual income $108,000. Offered at $1,600,000 Ralph Roselli, Sales Representative ralph.roselli@colliers.com
120 WeLLaNd ave., St. CatharINeS
+/-1,420 to +/-4,762 sq. ft. retail units available. Located in walking distance to Downtown St. Catharines, Midtown Plaza is anchored by Giant Tiger and The Beer Store. With ample on site parking and quick, easy access to the QEW & 406 Highways. Offered at $12.00 psf/net Taylor Wilson, Broker of Record taylor.wilson@colliers.com
Brokerage appraisals ManageMent
336 graNd aveNue, Chatham, oN
Profitable dog/car wash business now available for share sale. The business has been in operation for 10 years. Both locations feature a fleet card system and visa/interac and cash payment systems in the bay, dog wash, soft touch drive express and vacuum stations, fully updated wireless security. Offered at $1,495,000.00 Contact Bryan Saelens, Sales Representatives bryan.saelens@colliers.com
4921 SaNN road, BeamSvILLe THIS SPRAWLING 10 ACRE LAKEFRONT PARCEL IS IRREGULAR IN SHAPE AND FEATURES ROLLING LANDSCAPE DOWNWARDS TO LAKE ONTARIO WITH APPROX. 143’ FRONTAGE OVERLOOKING THE LAKE. BUILD YOUR DREAM HOME OR WINERY .. OR BOTH WITH VIEWS OF THE TORONTO SKYLINE. YOU WILL HAVE A PRIVATE ENTRANCE OFF SANN ROAD. THE EXCESS ACREAGE ARE CLEARED FERTILE LANDS READY FOR NEW PLANTINGS. SELLER WILL SEVER PROPERTY AT ITS OWN EXPENSE. Offered at $3,000,000.00 Ralph Roselli, Sales Representative ralph.roselli@colliers.com
Accelerating success. Global leadership in real estate solutions.
“Information contained herein has been obtained from the owners or from other sources deemed reliable. We have no reason to doubt its accuracy but regret we cannot guarantee it. All properties subject to change without notice.” 31
NEW YEAR, NEW SEASON.
ALL-NEW
Season 4 A I R S J A N U A R Y 1 ST 2 0 2 1
Teaching You How To Build Wealth Through Real Estate With Hosts Carmen & Jordan Campagnaro From Pro Funds Mortgages
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