February 4 - March 2, 2012 Volume 12 Issue 2 incorporating franchise and business opportunities
Full Coverage Area Including Windsor, Hamilton, Toronto, Niagara Falls, Kingston and Ottawa!
sold through the coMMercial investor apartMent building - guelph Beautiful 3-storey remodeled stone heritage apartment building in downtown Guelph. Featuring 19 unique fully-furnished suites, controlled entry, parking. All suites and furnishings are in excellent condition throughout. Gross income over $202,600 per annum. Must be seen. Asking $1,750,000 exclusive listing. For marketing brochure, call: winston davies, broker of record wincorp realty inc., brokerage 45 keats crescent, guelph, ontario n1g 3b1 tel: 519-836-2080. fax: 519-836-2081 email: wjmdavies@rogers.com 0512_djw_0018
w ne
conveniently located in the airport corporate centre Close to all amenities and Hwys (427, 401, 410 and 407); Mississauga Corporate area with all amenities close by. Consists of very well finished granite floors, mahogany walls, card reader entrance, 3 offices, built-in mahogany reception desk, conference boardroom, professional large volt, reception area, custom built mezzanine approx. 900 sq. ft. not included in office area; office approx. 1,300 sq. ft. Matthew lomnicki, broker of record phr perfect habitat realty inc., brokerage direct: 905-302-8676 bus: 905-212-1216 fax: 905-212-1214 phr.inc@rogers.com 0512_djw_1_0019
e ic pr
101 sMith street, arthur, on - $349,500 free standing building, 5,000 sq. ft. (divisible). office/retail. Motivated seller. contact: duncan Mclean, sales representative vice-president business development cMa realty ltd., brokerage 519-578-0337 x 22 direct: 519-590-7997 fax: 519-578-0025 duncan@cmarealty.ca 0512_djw_1_0118
See inside for details
FC_0512 (COM)
woodstock - $1,695,000 or lease for $5.95/sq. ft. 24,480 sq. ft. industrial building on 3 acres, 21 ft. clear, 13 Drive-in & 2 T/L doors. Outside storage, 2 minutes from Hwy 401 & Hwy 403, built in 2006 with many upgrades! Suit truck terminal, repair, service depot, logistics, distribution, mfg. tillsonburg - 12,072 sq. ft. industrial on 1.98 acres - asking $469,000 Fully A/C - suit rental & repair, service depot, office, medical, laboratory. John whittaker, broker coldwell banker commercial integrity r.e. inc., brokerage 905-338-8877 x 225 direct: 905-867-1033 jwhittaker@cbci.ca 0512_djw_0001
9741471_0512
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Commercial Advisors Inc. Brokerage Each office Independently Owned & Operated
Neil Warshafsky Broker of Record, Owner, CCIM
nhw@remax.net
302 Bridgeland Avenue, Suite 100, Toronto, ON M6A 1Z4 (416) 907-8001
Fraser MacDonald* Managing Partner
fmacdonald@remax.net
(416) 848-1992
Tel.:
(416) 907-8228
Fax: (416)
907-8227
Toll Free: 1-877-907-8228
240 EDWARD STREET AURORA
2387 WESTON ROAD
James Roy* Vice President Income Properties
james.roy@remax.net
(416) 907-8277
Douglas J. Beaudoin* Senior Vice-President, Principal
dbeaudoin@rcatoronto.com (416) 907-8276
Dan Currie*
dcurrie@remax.net
Michael Davidson* mdavidson@remax.net
Howard Goldman* hgoldman@remax.net
Gil Goldstein*
gil@rcatoronto.com
Tarun Gupta* tg@remax.net
Joshua Hoo* jh@remax.net
Craig Irvine*
hk@remax.net
Clive Levitt* cl@remax.net
Michael Oziel* moziel@remax.net
Rick Pennycooke* rpennycooke@remax.net
Nevin Singh*
nevin.singh@remax.net
David Solomonov* ds@remax.net
Jon Trager* jt@remax.net
Manjit Virk*
jw@remax.net
Managing Partner/Sales Representative
Broker of Record/Owner
(416) 848-3327
416-848-1992 fmacdonald@remax.net
416-907-8001 nhw@remax.net
(416) 470-9668 (416) 479-4486
1040 EGLINTON WEST INVESTMENT PROPERTY
302 BRIDGELAND AVENUE
(647) 724-8634 (416) 479-0159 (416) 972-9511 (416) 907-8224
FOR LEASE
(416) 287-5461
5,000 s.f. of renovated showroom space $10.00/s.f. net $5.00/s.f. for TMI Fraser MacDonald
(416) 907-8286 (416) 848-4199 (416) 479-4463
Managing Partner/Sales Representative
416-848-1992 fmacdonald@remax.net
FOR SALE Retail store 1,300 s.f. with renovated basement and second floor offices. Jon Trager* 416-479-0316 jt@remax.net Martin Appel** 416-907-8277 ma@remax.net
S.E. CORNER OF EGLINTON & MT. PLEASANT
80 0 WILSON AVENUE
(416) 479-0316 (416) 479-4370 0512_DJW_0039
Jasmine Wang*
1103,362 s.f. (62,128 s.f. office). Renovated & well maintained! Fraser MacDonald
(416) 907-8267
FOR LEASE Retail store 1,100 - 3,300 s.f. divisible. Ideal for office or retail. Now a Physio Clinic. Martin Appel** 416-907-8277 ma@remax.net
WE WANT YOU!! *Sales Representative **Broker
0512_DJW_1_0016
mvirk@remax.net
GREAT USER OPPORTUNITY
0512_DJW_0038
Harry Klaczkowski*
(416) 907-8271
FOR SALE Asking Price: $675,000 Great office space or live-work Beautifully renovated Neil Warshafsky
0512_DJW_0026
chi@remax.net
(416) 907-8229
0512_DJW_1_0014
ma@remax.net
(416) 479-0160 0512_DJW_0027
Martin Appel**
FOR LEASE Spring 2012. 69,358 square feet (divisible). $15.50 per sq. ft. Asking net rent. $16.64 per sq. ft. 2011 TMI. Fraser MacDonald Managing Partner/Sales Representative
416-848-1992 fmacdonald@remax.net
www.rcatoronto.com 8141952_0512
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11248796_0512
4G
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8172756_0512
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a-b Realty Ltd., Brokerage
Each office is Independently Owned & Operated
11230070_0512
John Jantzi
SALES REPRESENTATIVE
519.273.2822
PRICE REDUCED
PROFITABLE BUSINESS OPPORTUNITY Take a look at the Gas Station/Variety Store. Includes a 3 bedroom brick bungalow, Post office and Shop that all bring in Rental Income. MLS 463360. Call now for more information. 0512_DJW_2_0023
Ontario’s First Magazine Dedicated to Industrial, Commercial and Investment Real Estate
for advertising call
doreen wills 905.570.9283 • 1.877.269.8257 doreen.Wills@wall2wallmedia.com 6G
COM
11102630_0112
7G
COM
11242099_0512
8 MAIN ST. E., HAMILTON
247 CENTENNIAL PARKWAY N
Downtown excellent office building. Completely renovated. Air conditioned, heat, hydro, maintenance, janitorial, taxes all included. Steps from the courthouse and McMaster downtown campus. 712 sq ft - $900 mthly. 828 sq. ft - $920 mthly. 1982 sq. ft. - $2300 mthly. 0512_DJW_1_0009
Office/warehouse space available with overhead door. Close to highway and in very visible location. Ideal for light industrial/distribution. 2033 sq. ft. from $1567.10/month + HST. 0512_DOREENW_1_0002
905-777-0252 ext 305 E-mail:
info@desantis.com
www.desantis.com 8G
COM
2455 sq. ft. of retail/office space in highly visible location at the corner of Centennial & Barton. Plenty of parking, signage in high traffic area. Rent from $11.00/sq. ft. net. 0512_DJW_1_0007
8148088_0512
325-327 BARTON ST. E., STONEY CREEK
WANTED CONDO TITLED PROJECTS ✔ Townhouse Projects ✔ Walk Ups ✔ Semi-detached ✔ Builders wanting to sell units in bulk ✔ Already built and rented ✔ Cities & towns outside of Toronto... ✔ Quick close Contact
JERRY
10924563_0512
416-540-2113 PRIVATE INVESTOR
info@InvestAtEase.com 9G
COM
11248809_0512
10G COM
11G
COM
8155064_0512
8302229_0512
Broker
Office:
Brokerage
Direct:
Each Office Independently Owned & Operated
Web:
www.thomasleung.ca
Email:
416-490-1177 416-720-8832
tomleung.realtor@gmail.com
Specia lizin g in Comm e rci al + Investment Proper ti e s S e r v i n g P ro f e s s i o n a l ly S in c e 1 9 8 3
RETAIL SPACE FOR LEASE
ATTENTION: (MEDICAL CLINICS, HEALTH CARE & PHARMACIST) Busy plaza on Victoria Park Avenue, South of Lawrence Avenue. Available immediately, available space range from 1,600 to 3,200 sq ft. Net rent $12.00. TMI $10. Long lease, landlord will provide turn-key leasehold improvement to qualified tenants; Ample of parking and handicap accessible! 4611_DJW_2_8000
12G COM
11239652_0512
Thomas Leung B.A.Sc.
HomeLife New World Realty Inc.
1 Volume 12 Issue 02
1
Commercial Real Estate & Business Opportunities
Featuring the best selection in industrial, commercial and investment opportunities REAd By OvER 100,000 BuSiNESS REAdERS!
index Kitchener, Waterloo & Guelph . . . . . . . 4 Southwestern Ontario . . . . . . . . . . . . 16 Hamilton . . . . . . . . . . . . . . . . . . . . . 23 Greater Toronto Area . . . . . . . . . . . . . 36 Central Ontario . . . . . . . . . . . . . . . . . 58 Eastern Ontario. . . . . . . . . . . . . . . . . 61 Niagara . . . . . . . . . . . . . . . . . . . . . . 63 Business Opportunities . . . . . . . . . . . 70
diSTRiBuTEd iN OvER 1,700 lOCATiONS!
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February 21, 2012
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Tel: (416) 784-5060 Fax: (416) 789-9705 Toll Free: 1-877-269-8257 senioR sAles MAnAgeR Lisa Fayman MediA consultAnt Doreen Wills senioR sAles & MARketing co-oRdinAtoR Wendy Campbell sAles co-oRdinAtoRs Melissa Davidson Sandra McCluskey
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Volume 12 Issue 02
Commercial Real Estate & Business Opportunities
special features 12 IN THE NEWS — Avison Young releases 2012 commercial real estate forecast for Canada, U.S. 22 MONEY SENSE — Avoid emotional investing
34
34 MONEY SENSE — Five tax tips for 2012 42 IN THE NEWS — Consumer confidence surges with optimism in the new year: Survey 46 IN THE NEWS — Reigniting your financial goals
60
60 BUSINESS SAVVY — Fear factor grips small business when dealing with taxman 68 BUSINESS SAVVY — Tips to help your business navigate online marketing
Glossy Section Editorial 14G LEGALLY SPEAKING — Building or renovating commercial properties: construction liens 101 By Konstantine Chatzidimos and Jayson Schwarz
12
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Volume 12 Issue 02
3
Commercial Real Estate & Business Opportunities
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Commercial Real Estate & Business Opportunities
Volume 12 Issue 02
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
Kitchener, Waterloo & Guelph section COverIng: Cambridge • Durham • Elora • Fergus • Guelph • Kitchener • Waterloo For advertising information contact Doreen Wills Tel: 1-800-268-0077 • 905-570-9283 doreen.wills@wall2wallmedia.com • thecommercialinvestor@wall2wallmedia.com notes: ______________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ Please say you saw it in The Commercial Investor
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Commercial Real Estate & Business Opportunities
M U l T I - fa M I l y f O R S a l E
laNd fOR SalE
INVESTMENT OPPORTUNITIES 27 RIVERVIEW PLACE, KITCHENER
1606 BATTLER ROAD, KITCHENER
• 3.63 acres located in Grand River Business Park • B1 zoning allows a range of uses. • Central to KW, Cambridge & Guelph • Asking $185,000 per acre.
• 2.87 Commercial development site • Convenient access to Hwy 401 Zoning permits retail, banks, drug stores, offices, gas stations, health clinics, restaurants MLS • $1,350,000 0512_DJW_0458
MLS
0512_DJW_0457
271 WESTCOURT PLACE, WATERLOO
27 BRIDGE STREET, BRANTFORD
• 20 unit (100 room) student Townhouse Resident on 1.6 acres • Close to University of Waterloo & Wilfrid Laurier Campus MLS • $6,900,000 0512_DJW_0460
• 21 unit walk-up conversion • Completely renovated • Located in downtown core. • $1,140,000
105 RANDALL DRIVE UNIT 6, WATERLOO
315 lLANCASTER STREET WEST, KITCHENER
• Beautiful renovated industrial condo • Approx 1,400 sq ft office, 1,100 sq ft warehouse • 10’ x 12’ loading dock. Available immediately • $339,900
• Unit # 5 - 2,500 sq. ft. retail space in busy strip mall • Great exposure • Lots of free parking and rear entrance for deliveries. • Asking $9.00 per sq ft.
MLS
lEaSE OR SalE OPPORTUNITIES
• 7,500 sq. ft. freestanding bldg on 1.53 acres • Supplemental income from exterior storage lease • Recent improvements MLS • $1,195,000
• Rare 2.78 acre development site ready to go • Great Hwy 7/8 exposure • All services are at lot line • Asking $459,000
MLS
0512_DJW_0459
144 LUCAN AVENUE, WATERLOO
• 34 units 3 storey walk-up • Situated on 1.06 acres • Act now...won’t last long! • $2,500,000
MLS
92 KING ST. S. WATERLOO
• Move-in ready. Second floor office space with private entrance • Inducements available • On transit route, in uptown Waterloo. MLS
0512_DJW_0464
569 LANCASTER STREET WEST, KITCHENER
• Units C & E are still available! • Unit C-retail/office unit with onsite parking • Unit E - Formerly used as a restaurant with patio. • For lease at $9.95 per sq ft. MLS
0512_DJW_0465
200 PRESTON PARKWAY, CAMBRIDGE
• Two retail buildings - 35,470 sq. ft • Central location with Hwy 401 access • Units from 9000 sq. ft. • Available for sale/lease
MLS 0512_DJW_0468
0512_DJW_0467
0512_DJW_0466
MLS 0512_DJW_0462
0512_DJW_0461
0512_DJW_0463
230 GAGE AVENUE, KITCHENER
MLS
100 BERGEY COURT, NEW HAMBURG
2 KING STREET NORTH, WATERLOO
42 BRIDGEPORT ROAD EAST, WATERLOO
18 FISCHER HALLMAN RD, N. WATERLOO
• 1,197 sq ft and 2,256 sq. ft. units • Store front windows and signage available • From $8.00/sq ft net MLS • 2,959 unit available @ $25.00 psf net 0512_DJW_0469
• Retail/office condo opportunity finish to your specifications in Uptown Waterloo. • Unit 2 for lease at $18.00 per sq ft net MLS • Unit 5 for sale at $329,900 0512_DJW_0470
• 3265 sq ft professionally designed office space • Excellent location with ample onsite parking • Decorated, move-in ready! MLS • $25.00/sq ft net
John Markou, Sales Representative Christopher Coupal, Broker, CCIM 519-746-6300, ext 242 519-746-6300, ext 238 john.markou@dtzbarnicke.com 8302206_0512
Kitchener/Waterloo Guelph & Cambridge
Volume 12 Issue 02
0512_DJW_0471
James Craig, Sales Representative 519-746-6300, ext 259
christopher.coupal@dtzbarnicke.com james.craig@dtzbarnicke.com
Although the information contained within is from sources believed to be reliable, no warranty or representation is made to its accuracy being subject to errors, omissions, conditions, prior lease, withdrawal or other changes without notice and same should not be relied upon without independent verification. DTZ Barnicke Waterloo Wellington Ltd., Real Estate Borkerage 04/2011.
Please say you saw it in The Commercial Investor
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Volume 12 Issue 02
Commercial Real Estate & Business Opportunities
Kitchener/Waterloo Guelph & Cambridge
HomeLife Power Realty Inc.,
Brokerage*
Independently Owned and Operated
*
519-885-8810
HOMELIFE INVESTMENT POWER TEAM, COMMERCIAL DIVISION 55 Erb Street East, Waterloo (519) 885-8810
Looking to invest in condos? Waterloo Region is booming and is one of the top regions in Canada to invest in real estate. 4611_DJW_2_0444 Call today for options! From $229,900. MLS 4611_DJW_1_0445
Janice Fleming Broker
11234282_0512
#PT11-LOBSINGER LI CROSSHILL
Looking for an estate lot in the country? 9 acre zoned A1/SR with potential to be severed into two lots. $399,900 MLS. 4611_DJW_1_0443
Rob Piombini Broker of Record
Sean Strongman Sales Representative
BUYING, SELLING, OR LEASING? Call Rob, Sean or Janice for all your Real Estate needs
Empire Real Estate Service Ltd., Brokerage • Cell 519-820-6571 1-800-461-9416 Email DouglasRielly@gmail.com
Office 519-767-2392 8305540_0512
Toll Free
www.trailerparksforsale.ca
Douglas Rielly Broker of Record
own a campground and worK 6 monTHS! HoLIdaY For 6 monTHS! campgrounds make great investments with strong cash flow!
new listings!
• 2 hrs from Toronto. Very well established, family campground, 150 sites, 36 boat docks, 2 rental cabins, pool and FABULOUS rec hall for 250. All this on 30+ acres with plenty of room to expand or sever several lots and recover part of your purchase price. • Southwestern Ontario year round park with 77 sites on 40 acres. Formerly a ski club, the rec. hall is all set up with 2 fireplaces, kitchen, locker room and more. Fantastic 10 yr old home for the owner. • Ottawa Valley area. 90 minutes to Ottawa! 93 sites, 62 docks on beautiful lake. room to add more sites! • 130 sites on Prince Edwardcontract Bay near Picton with room to grow. under • 200 sites 1 hr. drive north of London set in a quiet rural location. This park is a well established family campground with room to expand! check it out! • 250 sites on 80 acres with expansion possibilities in the Muskoka Region. perfect as a snowbird park!!
always looking for campground, rV parks and marinas for qualified buyers. please call for a confidential no obligation chat! Please say you saw it in The Commercial Investor
COM_0512.indd 6
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Prudential
Grand Valley Realty, Brokerage
519-745-7000
Unit 15C, 370 Highland Road West, Kitchener, ON N2M 5J9
Mike Milovick B.B.A., Sales Representative
Mike@TeamMilovick.com
fax: 519-489-1333
Kitchener/Waterloo Guelph & Cambridge
7
Commercial Real Estate & Business Opportunities
8302191_0512
Volume 12 Issue 02
www.TeamMilovick.com
Invest in Ontario’s Number 1 Town Today!
Subscribe: Latest KWC Real Estate News: www.FaceBook.com/TeamMilovick COMPELLING LAND ASSEMBLY OPPORTUNITY JUST STEPS AWAY FROM WLU! FEW AAA sites like this so close to the universities remain undeveloped! Current zoning may allow for 30 unit/150 bedroom/9 story apartment building. Throw a football from site to WLU campus, this location is a touchdown!! Site plan and drawings available for discussion purposes website! MLS®
2,400,000
$
0512_DJW_1_0410
ATTENTION INVESTORS! Quality-built, all brick, newer apartment building! Spacious, self-contained units with own utility meters and laundry! $ Meets latest building and fire codes! Tremendous turnkey opportunity for experienced landlord seeking positive cash flow and student income diversification. Short walk to 0512_DJW_0409 UW! MLS®
FULLY RENTED 5 PLEX! Rare, non student fiveplex with bonus unit! Waterloo sees few opportunities like this. Roof (2009), newer appliances, $ some newer windows, written leases. Close to rim, Universities, Public transit and expressway! Ideal for investor with large downpayment that seeks foothold in the best city in Ontario to invest in! 0512_DJW_1_0412
$51,000 + POTENTIAL GROSS INCOME! Recently inspected and approved, this super clean two unit, ten student property features numerous updates. $ Laminate flooring throughout lower unit. Brazilian cherry hardwood in main unit. Desirable layout. Five minute bike ride to WLU, or quick bus access to UW! Take a virtual tour and grab up-to-date rent roll and financials at: www. 0512_DJW_1_0023 TeamMilovick.com. MLS®.
$43,000 GROSS ANNUAL INCOME ONE BLOCK FROM WLU! Excellent opportunity to own a turnkey moneymaker on a student recongnizable $ street. Licensed for five in one unit with a second unit that houses 3 more students! Newer central air unit and hi-efficiency furnace keep costs down. Three bathrooms! Currently rented inclusive of utilities but separate hydrometers are available. MLS® 0512_DJW_1_0413
HARDWORKING MONEY MAKER SET TO GENERATE OVER $36,000 OF GROSS INCOME! Fully rented with leases until at least end of August, 2012! Desirable four bed$ room and two bedroom layout. Property needs work but generous cash flow will allow new operator to tackle on a timely basis. Detached garage. Located on street with upscale homes. Short walk to UW and Uptown Waterloo. Professionally managed! Financials at www.TeamMilovick.com. MLS® 0512_DJW_1_0465
HOME WITH MORTGAGE HELPER ACCESSORY! Laurelwood beauty with bright 2 bedroom registered accessory apartment in the basement! $ Enjoy quality of life while having second unit cover a good portion of your mortgage or receive exceptional income by renting the whole home! Home features luxe ensuite! Large deck! Shows clean. Close to UW and RIM! Check out virtual tour at www.TeamMilovick.com! MLS®. 0512_DJW_1_0416
LICENSED FOR 5 WITH BIG INCOME! Fully licensed and always rented. This end unit condo show very, very well and generates large income. Five $ minute walk to UW. Large unit, two parking spots! Newer furnace/ A/C 2002, washer/dryer. Hands off turnkey investment. An investor’s dream! Prepare to be impressed! MLS® 0512_DJW_1_0415
SPACE IS A LUCRATIVE INVESTMENT IN THE CITY OF WATERLOO! Unlike common student rentals, Sage Condos presents a unique opportunity to invest in and own a residence, offering attractive benefits for the future $ generations of Waterloo and earning potential as an investor. Sage is contemporary styled three and five bedroom suites befitting of today’s most demanding student. Ask us about short term incentives for this exciting opportunity! MLS® 0512_DJW_0410
PERFECT FOR STARTER HOME, PARENT WITH STUDENT GOING TO UNIVERSITY OR INVESTOR! Updated, brick semi close to everything! Newer win$ dows on second floor, new front door, aluminum soffits and fascia, updated kitchen (including new fridge) and bath. Newer roof and furnace! Really unbeatable value for the money. Short walk to Bridgeport Plaza (groceries, beer, pizza), on main bus line. MLS® 0512_DJW_0408
MODERN PROFESSIONAL/ RETAIL SPACE AT AN AFFORDABLE PRICE! 409 square feet of newer, fresh space available in modern building! Lots $ of natural light! Uptown Waterloo/Bridgeport Road exposure! This signature building conveys a prestigious image for your business. Ideal starter space for user that needs location expsoure. A space to be proud of at a reasonable price! CAM - $250 per month. MLS® 0512_DJW_2_0416
HIGH TRAFFIC/ HIGH PROFILE INDUSTRIAL/ WAREHOUSE SPACE! 4014 square ft located at corner of Bleams and Washburn in $ Huron Industrial Park! B-2 zoning allows for many uses. Good central location with easy access to expressway. Lots of parking, industrial space with natural light. Newer building. Available immediately! Download zoning and floor plan from my website! MLS®. 0512_DJW_2_0415
REASONABLY PRICED SPACE IN FLEXIBLE B2 ZONING Units of 3049 SF and 2250 SF of low cost space available in flexible B2 zoning in Huron $ Business Park! Ideal for cost conscious user. Low rent and low CAM! Centrally located with quick access to Expressway and 401. High 17 ft ceilings. Floor plan and list of permitted uses available! MLS. On website www. TeamMilovick.com MLS® 0512_DJW_1_0204
1,745,000
540,000
364,900
500 PER MONTH
659,900
394,900
359,000
5.45 PSF + 3.75 CAM
545,000
379,900
249,900
5.00 SF + CAM OF $3.43 SF
Please say you saw it in The Commercial Investor
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Commercial Real Estate & Business Opportunities
Volume 12 Issue 02
Kitchener/Waterloo Guelph & Cambridge 8331512_0512
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Commercial Real Estate & Business Opportunities
9 Kitchener/Waterloo Guelph & Cambridge
Volume 12 Issue 02
8171433_0512
Please say you saw it in The Commercial Investor
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Commercial Real Estate & Business Opportunities
Volume 12 Issue 02
Kitchener/Waterloo Guelph & Cambridge 8331507_0512
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Volume 12 Issue 02
11
9534496_0512
Land Exchange Ltd. Brokerage Independently Owned and Operated Hanover, Ontario (519) 364-4747 Email: edwinhotchkiss@gmail.com
Kitchener/Waterloo Guelph & Cambridge
Commercial Real Estate & Business Opportunities
Ed Hotchkiss Broker
Cell 519-387-3394 Toll Free 1-877-506-7070
HOTEL - FOR SALE WALKERTON, BRUCE COUNTY • Recently renovated historic hotel • Huge Income Potential from Multiple Income Streams: - Accommodation - 28 rooms - Restaurant with u-brew & takeout pizza bar - Banquet & meeting rooms; Special functions - Bowling alley • Large parking lot • Downtown - high traffic
$645,000
0512_DJW_0031
11244802_0512
vACANT COmmERCiAL LOT • $99,900 • Hwy 10 at Holland Ctr (S. of Owen Sound) • Approx. 3/4 Acre
GET NOTICED WITH THIS LOCATION. 21,000 DAILY car count, easy divisible space, roomy ceilings. Well built building with updated mechanical. Large display windows and multiple entrance options exist. C2 zoning offers many choices of retail and commercial uses. 6-8 Parking spots. MLS 1195771. See our website for more info and photos at www.HomesByHolmes.com 0512_DJW_0043
pizzA BUSiNESS FOR SALE • $39,900 • Main Street in Hanover • Attached to busy night club/bar
Land For Sale Price reduced
HISTORIC “BRICK AND BEAM” BUILDING 5 Michael Street, Kitchener 31,107 sq ft
0512_DJW_0472
MlS
Well maintained multi-storey building located in Kitchener’s “Warehouse District”. Exceptional opportunity for owner occupier or investors. Suitable for range of uses including office, loft residences etc...Many unique features. FoR SAlE $4,270,000
INDUSTRIAL BUILDING 136 Dearborn Place, Waterloo 15,857 sq ft
0512_DJW_0473
MlS
Quality industrial building. located in the Dearbornlexington Industrial area. 18% building coverage on 2.01 acres, room for expansion. Fully air conditioned office and plant area. Potential office conversion opportunity. FoR SAlE $1,650,000. FoR lEASE $5.95/sq ft
DTZ Barnicke Waterloo Wellington ltd., Real Estate Brokerage
Tel: 519 746 6300
VP, Client Advisory Services Sales Representative darren.shaw@dtzbarnicke.com
www.dtzbarnicke.com
10866683_0512
For more information please contact: Darren Shaw, SIOR,
Although the information contained within is from sources believed to be reliable, no warranty or representation is made to its accuracy being subject to errors, omissions, conditions, prior lease, withdrawal or other changes without notice and same should not be relied upon without independent verification. DTZ Barnicke Waterloo Wellington Ltd., Real Estate Borkerage 04/2011.
Please say you saw it in The Commercial Investor
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Commercial Real Estate & Business Opportunities
Volume 12 Issue 02
Kitchener/Waterloo Guelph & Cambridge
inthenews
Avison Young releases 2012 commercial real estate forecast for Canada, U.S.
Cautious optimism to guide Canada and U.S. commercial real estate markets in 2012; solid fundamentals abound in Canada, while U.S. looks for stability
B
enefitting from strong fundamentals, Canada’s commercial real estate markets continued to enjoy stability and growth
in 2011 despite global economic uncertainty. Meanwhile, the United States suffered from ongoing uncertainty, with limited good news concentrated in a few select markets. Each country has its risks and concerns, but better days should be ahead for both as the world deals with its financial issues. These are some of the key trends noted in Avison Young’s 2012 Canada, U.S. Forecast. The annual report covers the Office, Retail, Industrial and Investment markets in 20 Canadian and U.S. metropolitan regions: Calgary, Edmonton, Halifax, Lethbridge, Mississauga, Montreal, Ottawa, Quebec City, Regina, Toronto, Vancouver, Winnipeg, Atlanta, Boston, Chicago, Dallas, Houston, Las Vegas, Los Angeles and Washington DC.
“There is a dichotomy in the North American commercial real estate market. Canada is experiencing a period of stability and modest growth, while the United States continues to search for traction in the recovery process,” comments Mark E. Rose, Chair and CEO of Avison Young. “Despite this disparity, things are looking up in both countries as global financial uncertainty is gradually resolved and clarity begins to emerge,” he says. “As Europe and the U.S. take steps to deal with their economic challenges and financial markets begin to rebound, there will be opportunities for commercial real estate markets to make further gains.” According to Rose, 2011 saw solid demand in both countries’ investment markets, with a large pool of buyers driving the market in Canada, and U.S. buyers focusing on safe assets and avoiding risk. “Given the relatively small investable universe in Canada, we continue to notice a growing trend of Canadian buyers heading south of the border,” notes Rose. He continues: “A number of Canadian buyers, be they pension funds, life insurance companies or REITs, are identifying opportunities to expand their portfolios in and beyond Canada’s borders, especially into the U.S. While U.S. assets are currently available at more attractive pricing, their value is expected to rebound in the coming years, making them a good
longer-term hold and convincing many that this is the time for cross-border deployment of capital.” Across the 20 Canadian and U.S. markets that Avison Young tracks, office vacancy has trended lower, falling from 14.7 per cent in 2010 to 13.6 per cent in the closing months of 2011 – a 110-basis-points (bps) improvement. “The double-digit office vacancy doesn’t tell the whole story, however,” says Bill Argeropoulos, vice president and director of research (Canada) for Avison Young. “The performance of the two countries is quite distinct when you break down the figures. While the overall office vacancy rate in Avison Young’s Canadian markets in 2011 settled at a respectable 7.6 per cent, the rate is nearly double in Avison Young’s U.S. markets (15 per cent). This is a clear sign of the different pace of recovery seen in the two countries.” “Canada’s leasing markets have seen a swift recovery to the point where new development, particularly office, is either underway or announced in most markets. This is quite remarkable, given that we just came through one of the worst recessions since the Great Depression – a healthy sign of confidence from both the development and the business community,” continues Argeropoulos. He adds: “A gap also exists between the two
Please say you saw it in The Commercial Investor
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Commercial Real Estate & Business Opportunities
inthenews nations’ industrial sectors. Collectively, across Avison Young’s industrial markets, vacancy declined 50 bps between 2010 and 2011, ending 2011 at 8.3 per cent. Once again, Canada’s market is in much better shape, displaying an overall vacancy of 4.9 per cent versus 9.7 per cent for the U.S.”
after a slow start, the U.S. will experience increased sales volume in 2012.”
Kitchener/Waterloo Guelph & Cambridge
Volume 12 Issue 02
The report goes on to say that in Canada, confidence remains high coming off good results in 2011, and as long as businesses and consumers remain motivated by the underlying fundamentals and not the headlines, the country’s markets can anticipate ongoing improvement. Meanwhile, progress is slower and unevenly distributed in the U.S., with recovery struggling for a foothold as caution prevails. “2011 was a year of sporadic recovery in the U.S. with strong capital flows and historicallylow interest rates. Market recovery was best seen in a handful of larger coastal markets while widespread caution persisted and many businesses deferred real estate decisions,” notes Earl Webb, Avison Young’s president, U.S. Operations. He says the office market remains at a cyclical low point in most U.S. cities, and 2012 will be characterized once again by weak absorption and downward pressure on rental rates. “Even in the best-performing office markets, such as Washington DC, budget pressure and new costcutting initiatives could lead to a pullback in federal government and contractor leasing.” He continues: “On the investment front, with an abundance of capital available for investment, along with low-cost financing, there was a continued decline in threshold cap rates and return hurdles for investors in core properties in 2011. Even non-coastal markets, like Chicago, experienced aggressively priced trades of core assets to large, institutional investors. There clearly exists a gap between the abundance of capital available for core investment and the modest amount of property available for acquisition.” Webb says for 2012, overall U.S. real estate conditions are expected to mirror 2011 and demonstrate only modest improvement going into the election. “Post-election improvement may be seen in the event one of the two political parties controls the legislative and executive branches of government. Development should remain scarce in most markets and in all property types except apartments. Real estate, however, remains an attractive investment and,
CANADA Office Leasing activity was strong across Canada’s office markets in 2011, with vacancy rates decreasing and rental rates trending upward in most markets nationwide. Canada’s overall office vacancy rate has declined steadily from 9.2 per cent at the depths of the recession in 2009, to 8.3 per cent in 2010, to 7.6 per cent in the closing months of 2011 – solidifying the recovery. Six of the 12 Canadian markets surveyed experienced a decrease in vacancy rates of varying degrees in 2011. Surprising many market observers, Calgary posted the most impressive improvement over 2010, with vacancy plummeting 340 bps to 7.2 per cent as 2011 drew to a close. From west to east, vacancy rates also fell in Vancouver (-80 bps to 7.6 per cent), Lethbridge (-50 bps to 9.4 per cent), Mississauga/GTA West (-40 bps to 11.6 per cent), Toronto (-70 bps to 7.9 per cent) and Montreal (-60 bps to 8.6 per cent). From west to east, those markets that witnessed a rise in office vacancy included Edmonton (+90 bps to 10 per cent), Winnipeg (+40 bps to 6.9 per cent), Ottawa (+40 bps to 5.6 per cent) and Quebec City (+20 bps to 4.7 per cent). Regina remained unchanged at 1 per cent – the tightest office market in the country once again. Looking ahead, the national office vacancy rate is forecast to decline an additional 60 bps to end 2012 in the 7 per cent range. While vacancy rates are expected to hold steady in Montreal (8.6 per cent) and Ottawa (5.6 per cent), rates are expected to trend lower in Vancouver (-120 bps to 6.4 per cent), Calgary (-200 bps to 5.2 per cent), Edmonton (-140 bps to 8.6 per cent), Lethbridge (-20 bps to 9.2 per cent), Mississauga/ GTA West (-100 bps to 10.6 per cent) and Toronto (-70 bps to 7.2 per cent). Conversely, due to some much needed supply, Regina will see its vacancy rate climb 320 bps to 4.1 per cent by the end of 2012. Other markets that are expected to see an uptick in vacancy include: Winnipeg (+10 bps to 7 per cent), Quebec City (+60 bps to 5.3 per cent) and Halifax (+130 to 10.3 per cent). Continued on Page 28
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Volume 12 Issue 02
Commercial Real Estate & Business Opportunities
Kitchener/Waterloo Guelph & Cambridge
10118002_0512
Re/Max Real Estate Centre Inc. Brokerage COMMERCIAL DIVISION
519.658.9292 Head Office: 766 Hespeler Road, Cambridge
COMMERCIAL
√
Offices in: Acton, Brampton, Cambridge, Erin, Fergus/Elora, Georgetown, Guelph, Kitchener/Waterloo, Milton, Orangeville & Shelburne
ST. JACOBS ON
√
COMMERCIAL PLAZA- LEASE CAMBRIDGE
√
CAMBRIDGE
√
High end retail clothing and gifts. Excellent business showing solid returns. Includes all operating equipment Supplier of Tilley and Hatley Products. $299,000. MLS 1141312. Call Brian. √
Large retail unit. 5800 sf retail - $10.00 psf. Hespeler Road location. MLS 1147021. Call Brian or Jim. √
3000 + 1500 sf Retail Showroom. Excellent Central location with great exposure and traffic flow. $12.00 psf plus TMI. MLS 1144621. Call Brian.
PARIS ON
√
CAMBRIDGE
√
CAMBRIDGE
√
Sports Team Clothing Business. Large Customer list. Ideal professional opportunity. 2000 sf plant area. Owner retiring. MLS 1147073. $179,900.
Pizza Restaurant Franchise. Established location - good solid returns. Take over and start earning money. Turnkey Operation @ $239,000. MLS 1211933. Call Brian.
Commercial Mall. 28,000 sf showroom - Warehouse on Hwy 24. Dock door loading Plaza location. $3.50 psf + TMI. MLS - Call Brian.
Brian Whitfield BROKER
CAMBRIDGE
Turnkey Restaurant for sale. Can purchase building also with 2 bedroom apartment upstairs. Free parking at the door. Excellent sales volume. MLS 1114959. Call Brian or Jim.
CAMBRIDGE
Former Night Club-Bar. Great high traffic. 5100 sf @ $5.00 plus TMI. MLS 1121250. Call Brian or Jim.
CAMBRIDGE
1700 sf Office. Hwy 401 and Hespeler Road. High end building - $16.00 psf. Air conditioned facility. MLS. Call Brian.
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Commercial Real Estate & Business Opportunities Real Estate Center Inc., Brokerage Independenlty Owned and Operated 766 Hespeler Rd. Suite 201, Cambridge ON NH 5L8 Office: 519-623-6200
Kelly DaCosta Sales Representative
direct
519-740-6999
Kitchener/Waterloo Guelph & Cambridge
Volume 12 Issue 02
www.kellydacosta.com
GREAT COMMERCIAL & RESIDENTIAL OPPORTUNITY $749,900 • • • • •
Projected income of $93,000 2 Retail Commercial units 8 Residential apartments Newer roof and separate hydro meters Call 519-740-6999 for income & expense statements. MLS 1195447 0112_DJW_1_0026
NOW LEASING- PLAZA TO BE BUILT • • • •
13 Units Available 990-22,000 sqft 32,170 Est Daily Traffic Anchor tenants-Tim Hortons, RBC, Boston Pizza & Wendy’s • MLS 1195700 0112_DJW_1_0469
FREE STANDING INDUSTRIAL BUILDING - $379,900 • Phase I environmental report available & recent appraisal. • One bay rented out for $500, owner occupies remainder. • 1 bedroom apt. for $500/mth, 20HP compressor, newer furnace, excellent investment opportunity. • Zoned also for car lot. MLS 1290356. 0112_DJW_0400 11236419_0512
visit www.kellydacosta.com
#KellyDaCosta1
dwayne.mitchell@sunbeltnetwork.com Sunbelt Business Brokers Premium Brokerage 199 Victoria St S, Guelph ON N1E 6T9
PROFITABLE BUSINESS OPPORTUNITIES These business opportunities are not all located in the Kitchener, Waterloo area, but throughout Ontario
Specialized Hydraulic Business
Established company of 20+ yrs - owner retiring. Loyal and well known client base within the tri-city area. Revenues of $800k range and earnings in the $110k range. Price $375,000 Motivated Seller SELLER FINANCING AVAILABLE!
Retirement Home with Daycare
This facility operates as a Retirement Home and a licensed Commercial Daycare and also has residential apartments on the site. Although situated next door to an expanding commercial and residential area it provides a large scenic landscape and beautifully maintained grounds. Very cozy, comfortable country home setting within the city limits. The home las been privately owned for 25 yrs and the owner wishes to retire. Price $2,800,000
Children’s Physical Development Center
Contract Painting Business
This unique and new opportunity is available in the Tri-city area. The franchisor has a long proven track record of success and you can own and operate this profitable business at a fraction of the cost of replacement. This great opportunity has a loyal client base and newly renovated facility, with revenues of $400 K annually and profits of $100K.
Interior and exterior commercial painting. 4 full time employees and some subcontractors. Government contracts. Owner spends 5 months a year in Florida. Vehicles and equipment included. Profit of $100,000/year. Price $120,000
Internet Marketing and Web Design
Medical Equipment Sales, Installation and Service
Priced to sell $259,900 motivated Seller
Being offered for sale is an International Franchise of the largest and most successful internet marketing business in the world. This business enables franchisee owners to offer advanced digital marketing solutions for less (often a lot less) than other providers charge for thier solutions. Price $120,000
This highly successful company supplies new and refurbished, accessibility and mobility equipment, to the fast growing elderly and disability market. Margins and profits are growing. Business includes a healthy balance sheet. Full training provided.
Price $350,000
The place to go to buy or sell a business.
11232704_0512
Contact: Dwayne M. Mitchell, Salesperson | 519.590.8305 direct Please say you saw it in The Commercial Investor
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Commercial Real Estate & Business Opportunities
Volume 12 Issue 02
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
SouthweStern ontario section
COverIng: Brantford • Chatham • Ingersoll • London • Sarnia • Simcoe • Stratford, St. Thomas • Tillsonburg • Windsor • Woodstock For advertising information contact Doreen Wills Tel: 1-800-268-0077 • 905-570-9283 doreen.wills@wall2wallmedia.com • thecommercialinvestor@wall2wallmedia.com notes: ______________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ Please say you saw it in The Commercial Investor
COM_0512.indd 16
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Commercial Real Estate & Business Opportunities
George Gicopoulos
COMMERCIAL gROup
Sales Representative Royal LePage Triland Realty, Brokerage Independently Owned
and
Operated
Office: 519.672.9881 Toll Free: 1.888.621.5424
tRILAnd REALty REAL EstAtE bROkERAgE
ggicopoulos@r oya lle pa ge .c a w w w .georgegic opoulos.c om
9995828_0512
OvER 11.5 CAp
Main floor leased to a well known franchise cafe "Coffee Culture Cafe & Eatery" plus 6 apartments above. Main floor lease till 2020 with 2-5 year renewal options. Great investment with good return. Call George for complete details.
London's Richmond Row says it all! Building was completely gutted 4 years ago. Main floor lease to Coffee Culture Cafe & Eatery until 2021 with renewal options. Upstairs offers 2 luxurious apartments (2 bedroom and 1 bedroom). Care free Investment at a Cap Rate of about 8%. This is truly an INVESTORS DELIGHT! Call George for details. 0112_DJW_1_0463
LOCATION, LOCATION, LOCATION - $799,000
Great corner property in A-1 condition with great commercial Tenants on long term Net, Net leases plus 9 residential units above. Net income in excess of $175,000/year. Call George for complete details.
0112_DJW_1_0462
GREAT pROpERTY IN HEART OF GRIMSBY - $749,000
sold
0112_DJW_1_0461
S.W. ONTARIO - 4 COMMERCIAL & 9 RESIDENTIAL UNITS - $1,500,000
0112_DJW_1_0460
0112_DJW_1_0459
0112_DJW_2_0458
b u s i n e s s / c o m m e r c i a l
GREAT CAp RATE
Solid brick building in the middle of town. Former Bank Main floor tenant leases entire building on net-net basis til 2017 with renewal options. Care Free Investment! Call George for complete details.
Former Bank building. Attractive building tenanted by a well known franchise Cafe with over 50 units around Ontario. Approx. 3,500 sq. ft. Lease until 2,21 with renewal options. Priced at 8% Cap. Call George today for details.
Located near Bruce Nuclear Plant. This investment is hard to find or beat in today's market. 4,200 sq. ft. building housing a well known and successful franchise on a long term net-net lease. Call George for complete details on this opportunity. 0112_DJW_1_0466
FREE- STANDING BUILDING IN ONTARIO'S WEST COAST - $899,000
0512_DJW_0429
CORNER LOCATION ON SARNIA'S WATERFRONT $499,000
0112_DJW_1_0464
CORNER BUILDING IN HANOvER 9% CAp $499,000
sold
OvER 10% CAp
GREAT INvESTMENT IN pENETANGUISHENE $399,000
FREE-STANDING BUILDING IN WALLACEBURG - $395,000
0112_DJW_0428
FISH & CHIpS RESTAURANT AND pROpERTY $495,000
SOUTHWESTERN ONTARIO CAREFREE INvESTMENT $595,000
1/2 acre of land with 3,000 sq ft building, in the middle of town next to T.D. Bank with Great tenant on a 10 year net-net lease. $48,000/year net w/ renewal options. Asking 8% cap. For details contact George. 0112_DJW_1_0442
Great casual style restaurant. Sales in excess of 1.8 million. Approx. 80/20 food to alcohol ratio. Good condition with plenty of onsite paved free parking. Absentee ownership and showing good profits and licensed for over 250. Great opportunity to own a profitable operation. Total yearly rent for first 5 years including TMI under 6% of sales, an opportunity like no other.
Great little restaurant (fish & chips) with property that includes two buildings with 5 self-contained apartments plus restaurant. Closed Sundays. Business operated successfully in this location over 40 years. 7am to 7pm (3 days) and 8am to 7pm (other 3 days), closed Sundays & holidays. Call George for details.
SMITH FALLS INvESTMENT - $399,000
Solid, former Bank Building located in the middle of town. 2 apartments above. Corner location. Main floor leased to a successful European style cafe. Priced at 10% Cap makes this a good investment in today's market. Business also for sale. Call George for details.
ROADHOUSE RESTAURANT - $475,000
UNDER POWER OF SALE! Solid building previously used as office with elevator. Approx 1800 sq. ft. on main with 2 upper levels consisting of approx. 2000 sq. ft. each with good possiblity of conversion into residential units with retail/office on the main floor. Good scenario for owner/user. Call George for complete details. 0112_DJW_1_0088
WOODSTOCK 3-STOREY RETAIL/OFFICE BUILDING - $180,000
OvER 10% CAp
0112_DJW_1_0078
0112_DJW_0427
0112_DJW_1_0468
Former Pizza Hut Restaurant on commercial node of Corner location, former bank building with solid construction. Wallaceburg next to popular hotel. Plenty of on-site, Long term lease with the franchisor on a net-net basis for the paved parking. Ideal for any kind of Restaurant or other entire building. Building has been totally refurbished. Very uses. Property also available for Lease. Call George for complete details. modern upstairs apartment. Call George for details.
Southwest Ontario
Volume 12 Issue 02
FOR LEASE - RESTAURANT W/DRIvE-THRU
Great opportunity! Free-standing 2750 sq. ft. former Wendy's Restaurants with drive-thru and ample parking. Located on the business strip of St. Thomas. Great signage. Tremendous visibility and easy access. Call George for complete details.
INvESTOR'S DELIGHT IN ONTARIO'S WEST COAST!! 2.1 MILL
Great investment property completely carefree on triple net leases in booming Port Elgin. Two free-standing buildings, one about 3 years old and 1 brand new on 1.3 acre lot on busy Hwy #21. Long term leases with options.
Please say you saw it in The Commercial Investor
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Volume 12 Issue 02 11245697_0512
Commercial Real Estate & Business Opportunities
Southwest Ontario
Reid Dundas, Broker
&Maggie Whitcroft,
Sales Representative
Located in St. Marys – 15 minutes South of Stratford, 20 minutes Northeast of London
$385,000
0112_DJW_0001
This very busy general store is located in Kirkton, West of St. Marys with great exposure on Hwy 23. It is a true country store with Post Office, grocery, hardware, movie rentals, etc., plus a well cared-for spacious two storey living quarters attached to the store.
commercial building lot
‘multi uSe building’
‘inVeStment Potential’
Commercial Building lot close to downtown and backing onto the Thames River. Building plan is subject to a site plan agreement with the Town of St. Marys and subject to approval from Upper Thames Conservation Authority.
$595,000 This site offers 8.8 acres of prime development land located across from the St. Marys Golf Course and one block from ‘The Independent Grocery Store’. It is zoned Highway Commercial which allows for many uses. Selling under Power of Sale ‘As Is’ basis.
0112_DJW_0003
$250,000
$575,000
13 year old building on 1.5 acres designed for many uses. Located minutes to Hwy 7 and 1/2 hour to Hwy 401. Large 50’x80’ warehouse area, 3 large overhead loading doors, loading dock, 24’x24’ production area with in-floor heat, separate office area. This property was previously used as a feed mill.
0112_DJW_0002
‘tHe KirKton marKet’
0512_DJW_1_0426
0512_DJW_1_0036
For more information contact www.reiddundas.com
0512_DJW_5000
0512_DJW_5001
REDUCED TO SELL!
Asking below appraisal at only $775,000 but PRESENT ALL OFFERS.
0512_DJW_1_0239
Call today to view this property. Far too many extras to list.
0512_DJW_5002
Once in a lifetime opportunity in growing Paris Ontario. This 4.5 acre commercial property is ready for you to make money with. A former aggreagate trucking company this property boasts truck access. This property has a large shop with office space and aprts shop. Automatic garage doors, large cement skirts. Four approved above ground fuel contaimment system. This shop has everything you need; Welder, air compressor, tools, reverse osmosis hotsy pressure washer system with 5 wands, and radio tower. Upgrade overhead heaters this shop is 75x55. Low taxes ($6900--2011) and lots of parking for trucks, equipment or any other necessities. The property also has a 3+1 bedroom house with walkout basement. Hardwood throughout the main floor. Upgrade well pump with a 10 inch pipe. This property is perfect for the area. New gravel pits opening in the Paris area this could be an important part of your growth in the industry.
Call today. Marc 519-532-0452
Royal LePage 1st London Res Brokerage
Marc Freeman
9735730_0512
PRESENT ALL OFFERS!
sales representative
www.realestatecruiser.com
marcfreeman@royallepage.ca Office/Pager: 519-685-4190 Mobile: 519-532-0452
Please say you saw it in The Commercial Investor
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Volume 12 Issue 02
19
Commercial Real Estate & Business Opportunities Indusite Realty Corporation Brokerage
Bill Mason
Sales Representative
for sale 0512_DJW_0028
$149,900 0512_DJW_0029
$149,900 0512_DJW_0030
9, 7 & 5 Grand River St. N in down town Paris are for sale as a package or individually. All three buildings are river front properties and are duplexes with both retail and residential space. Potential development in beautiful downtown with these three. For further information, photos & income/expenses please visit
www.soldbystolp.com
• 11.74 Acres • 96,000 Total sq. ft. • Great downtown location • Redevelopment opportunity
for sale retail Plaza - south/Central Mississauga, oN • 4.8 Acres • 47,000 Total sq. ft. • Room To Expand 0.94 Acres (10,000 sq. ft.) • Corner Property • Call For Rent Roll - 100% Leased! Principals Only
For more information please contact
519-442-0005
Sales Representative
519-754-5885
11248369_0512
Bill Mason
Sales Representative
Brian Stolp
Twin city Realty Inc. Brokerage 1 Grand River St. N., Paris ON
11247825_0512
$239,900
Southwest Ontario
retail Plaza - strathroy, ontario
bmason@indusite.com 1015 Matheson Boulevard East, Suite 11 | Mississauga ON L4W 3A4 T: 905.624.3500 F: 905.624.2636 | www.indusite.com all information furnished regarding property for sale or lease is from sources deemed reliable but no warranty or representation is made as to the accuracy therof and the same submitted subject to errors, omissions, change of price, rental or other conditions, prior sale or lease, or withdrwal without notice.
11239820_0512
Sutton - Huron Shores Realty Inc. Brokerage Independently Owned and Operated
19 Albert St. S, Southampton 519-797-1007 | 1-888-727-1007 PRIME DOWNTOWN LOCATION 0512_DJW_0002
588 Goderich St., Port Elgin • 3480 sq. ft. of Open Space • Separate office space, kitchen, men’s & ladies washrooms • Previously licensed for 231 inside & 60 on patio.
Bob Lunney
Brian Shular
Doug Freiburger
Sales Representative
Broker of Record
Sales Representative
• Prime H • .945 acr • Zoning b
2 COMMERCIAL PROPERTIES FOR SALE
145 ALBERT ST. S. VACANT LOT
NEW LISTING
$199,900 0512_DJW_2_0052
11 RENTAL UNITS PLUS 3 BEDROOM BUNGALOW 388 Green St., Port Elgin • Located in a Prime Tourist • Area Only 2 Blocks to the Sandy Beaches of Lake Huron • Cottages Come Furnished
TIM HORTON’S
RECENTLY REDUCED
$479,900
C W/COMME ENT RCIA URY L PR HOM OPE E & RTY SHO P
164 ALBERT ST. S.
• Home has • Renovated New Plumb Crawl Spac • Workshop Insulated
Please say you saw it in The Commercial Investor
COM_0512.indd 19
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Commercial Real Estate & Business Opportunities
Volume 12 Issue 02 8171560_0512
20
519-756-3900 www.century21.ca/professionalgroup
Southwest Ontario
Professional Group Inc. Real Estate, Brokerage
45 Salespeople at your service
Independently Owned & Operated
32 Charing Cross St., Brantford
FOR LEASE. 1,000 SQ. FT. STOREFRONT COMMERCIAL In busy North Brantford Plaza. Well appointed and in pristine condition. Well managed building. Plenty of parking. Quick access to Hwy 403. $8.00 per sq. ft. Contact Joan Griffin, Broker. joan.griffin@century21.ca 0512_DJW_0430
FOR LEASE. UNIVERSITY AREA! MAIN ARTERY LOCATION! STORE-FRONT COMMERCIAL $7.00 per sq ft. Choose from 1,000 to 3,000 sq ft. Landlord will accomodate your size! Contact Joan Griffin, Broker or joan.griffin@century21.ca
FOR LEASE, AFFORDABLE INDUSTRIAL SPACE IN EXCELLENT CONDITION! $3.50 per square foot including T.M.I. Public Transit available. Drive through doors. Common docks. 77,000 square feet. Can be divided. Contact Joan Griffin, Broker or joan.griffin@century21.ca
0512_DJW_0431
0512_DJW_0432
BILLARDS AND BAR Thriving business in a busy plaza. Full commercial kitchen available on site. 4,000 sq. of space. Solid lease in place. Business and chattels included in purchase price. Asking $199,000. Call Dorothy & Bruce Richardson, Sales Reps. 0512_DJW_2_0036 519-756-3900 ext. 361
GREAT LOCATION WITH EASY HIGHWAY ACCESS Condo fee includes all exterior maintenance, common areas, facades. 2 units for the price of 1. Total square footage of 3,600 sq. ft. $179,900. Call Doug McNicol, Broker 519-7503277 or doug.mcnicol@century21.ca 0512_DJW_0433
RETAIL/COMMERCIAL UNIT ON BUSY MAIN ARTERY. Hard to find small (940 sq. ft.) commercial unit with very affordable rent, located in very busy strip mall with good exposure and access. Store front unit has large windows with double door entrance, exterior signage plus pylon sign available. Immediate possession. Very well cared for building with local ownership. Call Doug McNicol, Broker 519-750-3277 or doug.mcnicol@century21.ca 0512_DJW_0434
LOCATION! LOCATION! Outstanding commercial property on Colborne Street, Brantford next to the Beckett Building. A total of 3,600 sq. ft. available on the main floor with private parking for 6 vehicles. A full basement also available with loading doors in the rear of building. $11.00/ sq.ft. Call Doug McNicol, Broker 519-750-3277 or doug.mcnicol@century21.ca 0512_DJW_0435
DEVELOPMENT POTENTIAL! Land & building, walking distance to Laurier University, ideal for future development. Land size: 0.73 acre, building size, 5,684 sq. ft. on lower level and 5,684 sq. on upper level. Currently zoned C-1. Available for Lease at $8.00 sq. ft. NNN or for sale at $1,600,000. For more information call Rob DeKeers, Broker 519-7584122 or rob.dekeers@century21.ca 0512_DJW_0436
ZONED RC - 1/4 ACRE Presently used as an upholstery shop, 3,000 sq. ft. building with lots of parking. Perfect for triplex or for student housing if building demolished or showcase your upholstery talents here. I am also looking for large parcels of land anywhere in Brant County. Call Rosemary Vajda, Sales Representative 519-732-9596 or rosemary.vajda@century21.ca 0512_DJW_0437
Please say you saw it in The Commercial Investor
COM_0512.indd 20
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Volume 12 Issue 02
21
Commercial Real Estate & Business Opportunities
Office: 519-797-5500 | Cell: 519-270-3055 e-mail: donamy@bmts.com www.southamptonhomes.ca
MORE THAN A HARDWARE STORE $599,900 1 7 0 H I G H S T R E E T. , S O U T H A M P T O N
www.downspro.ca
MLS 411044000122400
FA S T F O O D $ 3 2 5 , 9 0 0 1 7 A L B E R T S T. N . , S O U T H A M P T O N
Thriving hardware business in prime Southampton shopping area. Exclusive line of kitchen & beach products. An active hardware store for decades. Price includes business, business chattels, 8,500 sq. ft. building with 2 lg. rental apts. & land. Option to purchase only building & land - $499,900. 0112_DJW_2_0033
PRIME CORNER COMMERCIAL $695,000 5 0 9 4 H I G H W AY 2 1 . , P O R T E L G I N
www.chipsahoy.org
MLS 410254000800500
Excellent opportunity to develop new housing project as it is close to Sauble Beach & on the edge of existing Sauble development. A total of 95 acres; 22 acres had subdivision draft plan with 20 lots. Part of the area (Walker Way) is developed with water, individual septic, electric, gas, cable & telephone. 0112_DJW_1_0002
GOOD LOCATION
Well maintained main building and seven cottages in Long Point. Located on the channel giving launch access to the lake. MLS速
Good building. Good location. 971 sq ft with room for expansion. Upgraded windows, gas wall furnace. MLS速
0512_DJW_0413
LONG POINT COTTAGES 0512_DJW_0412
Well established, high visibility location on Hwy #21 in Southampton. Turnkey, no franchise fees, no royalties & owner will train. Well maintained building in excellent condition. Indoor seating for 24, plus outdoor patio with take-out window. Vendor financing available. Price includes building & chattels. 0112_DJW_0404
RESIDENTIAL DEVELOPMENT $599,900 LOT 20, CONCESSION 20, SAUBLE BEACH
Deisrable corner lot w/high traffic, high visibility, close to Wal Mart & Future Canadian Tire. Seller will remove existing structures & complete Phase 2 & 3 Environmental Assessment. Ideal location for commercial venture requiring high traffic flow. Full municipal services available. Boundary survey available. 0112_DJW_1_0005 $695,000.
NEW PRICE
Choose from four residential lots available to construct your new home. Two fronting on Victoria Street and two fronting on Austin Crescent. MLS速
Grainery available in Waterford. Silos, chemical storage, retail and office space on 8.52 acres. MLS速
0512_DJW_0415
BUILDING LOTS 0512_DJW_0414
Southwest Ontario
Southampton
9992168_0512
Sales Representative
Brenda Cooper
Broker of Record or
763 Norfolk Street S., Simcoe, ON N3Y 4K1
1-877-598-3388
Dan Koluk
Sales Representative
coopertyme@kwic.com
www.coopertymerealestate.com
11101724_0512
For more information call
Please say you saw it in The Commercial Investor
COM_0512.indd 21
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22
Volume 12 Issue 02
Commercial Real Estate & Business Opportunities
519.797.5500 Cell. 519.374.4448
Harold Fenlon
Bus.
Southampton
Broker
MULTIPLE LISTING SERVICE
email: h f e n l o n @ b m t s . c o m www.haroldfenlon.ca
McIntee’s Top Salesperson
2004, 2005, 2006, 2007, 2009 & 2010
8297239_0512
00 $6
49
,9
00
THE MAPLES COTTAGES 650 HIGHLAND STREET, PORT ELGIN
,9 79 $6
89
,9
00
LOCATION! LOCATION! LOCATION! 273 MILL STREET, PORT ELGIN
$3
http://myhomes.360photo.ca/3844
http://myhomes.360photo.ca/6509
0512_DJW_1_0006
Well maintained business close to beach. ‘THE MAPLES’ consists of 7-2 bedroom units, 1-3 bedroom unit recently built and a 3+ bedroom residence. All buildings in excellent repair. All units fully rented year round. Many improvements include new roofs, 2 gas fireplaces in 2 units.
MORE THAN AN INVESTMENT 617 SHANTZ STREET, PORT ELGIN
BUSINESS OPPORTUNITY 196 HIGH ST., SOUTHAMPTON
95
,9
00
0512_DJW_1_4444
,0 69 $7
$5
25
,0
00
COTTAGE COURT 320 ELGIN STREET, PORT ELGIN
12 room Inn in an Estate setting, plus Carriage House with 2 separate units. Within walking distance to Port Elgin’s famous sandy beach, quiet atmosphere, renovated rooms, A/C, private baths available, ample parking, booked yr. round. Live in accomodation for owner, well-established 0512_DJW_2_0006 clientele.
00
Three (3) exceptionally well maintained winterized cottages. Short distance to sand beach 3 -2 B.R. cottages & 1 -1 B.R. cottage. All cottages are in fantastic condition, air conditoned, have natural gas heat, fully equipped & furnished, plus fire pit, parking & much more.
http://myhomes.360photo.ca/5520
http://myhomes.360photo.ca/6540
$6
Southwest Ontario
COTTAGE COURT! 736 BROOK LANE, PORT ELGIN
MLS# 411046000419201
Cottage Park known as ‘Amethyst Cottage Court’ features 7 cottages, 4 3-bedrooms, 2 2-bedrooms & 1 1-bedroom. All cottages winterized w/private yard for family activities. Just 2.5 blocks to beach. Excellent rental history. Newly renovated. Very well equipped to make the stay most 0512_DJW_1_0064 enjoyable.
Six year round renovated cottages. All feature 2 BRs, 18 parking spaces, 20’ x 15’ porches. Each cottage equipped w/ fridge & stove. Newer roof, newer wiring, plumbing, newer vinyl windows & vinyl siding. Separately metered. Air conditioning. Located on a quiet dead end street & a 0512_DJW_1_0013 short walk to sand beach & downtown.
http://myhomes.360photo.ca/7028 Fantastic Southampton location. Business includes 4+ rented units Licensed bar & exceptional restaurant w/ outdoor patio, leased office space ‘til 2014. Owner’s living quarters, 2nd flr lounge suitable for banquets, weddings, etc. Bldg in good repair & many property updates including copper plumbing 0512_DJW_0427 & newer insulation & wiring.
moneysense
Avoid emotional investing
E
motional investing doesn’t pay – it costs you instead, says Andy Beer, strategic investment planning expert at Investors Group.
“Market study after market study have clearly proved that when investors are driven by emotions – jumping into and out of stocks looking for the next winner, pouring money into mutual funds following a period of strong market growth, and then moving to the next ‘hot’ asset class during market troughs – they often lose, and sometimes lose big.”
Beer explains that trying to time the market or an individual stock almost never works. But time in the market often does by delivering better overall returns – especially when you
couple your long-term stay the course strategy with other key strategies such as effective asset allocation and dollar-cost averaging. He noted that volatility is the nature of stock markets, but with a carefully selected and properly diversified ‘mix’ of assets, you can effectively reduce risk, and enhance your chances of achieving your long-term goals. Beer also suggests that dollar-cost averaging (the strategy of buying a stock or fund on a regular basis regardless of the stock or fund price) is an investment strategy that saves you from trying to time the market. This approach is designed to lower the average cost of your stock or mutual fund units, and ensures you are always participating in the market, so you will never miss out on periods of excellent returns.
NC
This column, written and published by Investors Group Financial Services Inc. (in Quebec – a Financial Services Firm), presents general information only and is not a solicitation to buy or sell any investments. Contact a financial advisor for specific advice about your circumstances. More information on this topic can be obtained from your Investors Group
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COM_0512.indd 22
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Volume 12 Issue 02
23
Commercial Real Estate & Business Opportunities
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
Hamilton COverIng: Ancaster • Caledonia • Cayuga • Dundas • Dunnville • Grimsby • Hamilton • Haldimand • Stoney Creek For advertising information contact Doreen Wills Tel: 1-800-268-0077 • 905-570-9283 doreen.wills@wall2wallmedia.com • thecommercialinvestor@wall2wallmedia.com notes: ______________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ Please say you saw it in The Commercial Investor
COM_0512.indd 23
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24
Volume 12 Issue 02
11234271_0512
Commercial Real Estate & Business Opportunities
905•547•3553
Ser vice Isn’t Expensive, It’s Priceless
katanicbojan@gmail.com • www.bojankatanic.goldbook.ca “Professionalism, Integrity & Honesty
Hamilton
WELLAND BUSINESS AND REAL ESTATE
DOWNTOWN GUELPH
WELLAND INVESTMENT PROPERTY
Opportunity knocks... work and live at same place. Long established family restaurant licensed for 140 ppl. Open short hours (8-3). Huge corner property... Ontario and Southworth. Lot of parking space. Approx 4 acres with potential to build. Free standing building with restaurant on main floor and recently luxuriously renovated apartment upstairs. $119,900 Business. $1,300,000 for business and real estate. For more info 4211_DJW_1_0421 please contact listing agent. Please do not go direct.
Cafe Royale is great family business with potential to increase income. Located in busy plaza, downton Guelph, intersection of Paisley/Norfolk. Open 7 days a week. Summer patio. Lot of traffic goes through. Apprx. 60 seating. Approx annual sales 240k. Good clientele! List of chattels available. Do not go direct. 4211_DJW_0450
Free standing building on Ontario Rd. Under massive renovation. Excellent opportunity to own 4 apartment upstairs and 3 retail spaces downstairs. Lot of parking on the back. High traffic location. Potential income of $7000. Asking $569,900. For more info please contact listing agent. Please do not go direct. 4211_DJW_1_0423
ST. CATHARINES INVESTMENT PROPERTY AND BUSINESS GENEVA BUSINESS AND INVESTMENT PROPERTY
Location, location. Investment property located on the corner of Geneva/ Welland. Long established family business with 4 residental and 2 retail units. Lots of new equipment. Short hours 8-2. owner retiring after 35 yrs in business. Great traffic location. Business $94,900.. Investment property $1,900,000.. Must be purchased together with 4 properties. For more info please contact listing agent. Please do not go direct. 4211_DJW_1_0424
GRIMSBY DREAM COUNTRY LIVING
Located outside Niagara Escarpment and Greenbelt. Build your dream home, airport, greenhouse, horse race track and much more. Rare find approx 93 acres farm. Approx 80 acres of workable land currently rented, 13 acres of bush. Road allowance is seperating farm in two parcels, 20 acres and 73 acres. Rear fronts on road allowance as well. Single detached home with in-law suite currently leased. Updated shingle, windows, flooring, bathroom, furnace, panel and much more. Huge work shop and barn. Minutes to downtown Grimsby. Asking $944,900. 4211_DJW_2_0408
Long established business with 3 residential and 2 retail units. Located on one of the busiest streets at St. Catharines. Golden Brother Bar is open 7 days per week 5-2. Owner retiring, Great visibility. Lot of parking spaces. Must be purchased together with 3 properties. Business $59,900. Real Estate $494,900.. For more info please contact listing agent. Please do not go direct. 4211_DJW_2_0425
10339498_0512
2 COMMERCIAL UNITS FOR LEASE @ EAST HAMILTON, 1321 MAIN ST. E, HAMILTON. $975.00. For further information:
John Hryczynski BROKER
(905)
529-5900 x
240
john@bbsrealty.com www.bbsrealty.com Commercial Real Estate
EMAIL:
REAL ESTATE BROKERAGE
COMMERCIAL REAL ESTATE SALES AND LEASING SERVICES RETAIL/OFFICE FOR LEASE 0512_DJW_2_0469
EAST HAMILTON MOUNTAIN A first class busy regional retail complex, anchored by Metro Food, Shoppers Drug Mart, LCBO, department stores, banks & other retailers w tremendous parking capacity. Available units include: 8 - 1996 sf retail space; 10 - 891 sf office/retail space & 200 - 6773 sf ideal for office or fitness uses - Landlord may assist w build-out. Immediate possession.
RETAIL FOR LEASE
RETAIL FOR LEASE
RETAIL/OFFICE FOR LEASE 0512_DJW_0475
CENTRAL MOUNTAIN LOCATION Immediate possession. An attractive multi-tenant retail plaza located on a major arterial. Close proximity to Limeridge Mall and the expressway. Excellent tenant mix with medical, professional office and retail units. Presently an Occupational Therapy clinic. Ideal for most office/ retail uses - unit divisible. Premises in excellent condition. Abundant parking available. Unit size is 2350 sf, asking $11.95/sf net.
0512_DJW_0474
CENTRAL HAMILTON MOUNTAIN Prime Golden Mile Upper James Street location in this power retail corridor, high traffic location with easy access to major highways and residential areas. Busy 81,000 sf Retail Centre with many national destination tenants. Ideal for most retail/office/medical uses. Available units: 4,200 sf @ $10.95/sf & 6,770 sf @ $10.95/sf. (Divisable) or combine units for 11,000 sf. Call agent for details.
0512_DJW_1_0237
0512_DJW_2_0051
RETAIL & OFFICE FOR LEASE
0512_DJW_1_0069
RETAIL/OFFICE FOR LEASE
EAST HAMILTON MOUNTAIN Very busy retail plaza, prime East Mountain location. Good signage exposure and abundant on-site parking. Many national tenants in complex with a good mix of retail & office uses. Economically priced retail space available: Unit 5-4327 sf, divisible asking $11.95/sf net and Unit 8 - 1287 sq. ft., net asking $10.95/sf net. Ideal for most retail/office uses. Immediate possession.
EAST HAMILTON MOUNTAIN An attractive multi-tenant retail plaza fronting on a major arterial road. Prime corner location with good exposure to high traffice serving a large residential area. Ideal for most retail/office uses. Available space: Unit 9 - 1460 sf & Unit 10 - 1460 sf. Asking $10.95/sf net. Good parking and immediate possession available. Landlord may assist with improvements.
EAST HAMILTON Low Rental Rates! Attractive neighborhood retail plaza in the heart of a mixed Density residential area with easy access to the new Red Hill Expressway. Retail units from 1,000 - 2,060 sf asking $9.95/sf ideal for most retail uses and economical finished professional office or medical space from 3,900 - 5,000 sf asking $7.95/sf, ideal for professional office or medical uses. Abundant parking, immediate possession. Landlord may assist with improvements.
Please say you saw it in The Commercial Investor
COM_0512.indd 24
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Volume 12 Issue 02
25
Commercial Real Estate & Business Opportunities
NS WI R FE OF ST BE
11248354_0512
AL COSENTINO’s COMMERCIAL - INVESTMENTS Best OPPORTUNITIES FOR EVERY INVESTOR’S DREAMS ents Investm AL CAN MAKE IT HAPPEN!! to Buy LOOKING FOR EMPLOYMENT & RETURN ACT NOW!!! Now! CENTRAL EAST HAMILTON “LIVE, WORK, PARK IN & MORE”
SOLD R TO INVESTO
Unique layout w/lots of options. Home business w/living quarters, poss in-law suite. 2 hydro meters, 2 gas furnaces & c/air. Lots of updates. Lrg storage or parking enclosed shed. 2500 sq. ft.+ 1500 sq. ft. usable basement.
Hamilton
ASK FOR SWAP ME* OR TRADE ME* PROGRAMS
234,997
$
OR TRADE*
5011_DJW_2_0412
LOOKING FOR SPECIAL PRICE? CALL NOW BURLINGTON - DONALD TRUMP STYLE
SOLD R TO INVESRTOONTO FROM TO
Used as 5 units. Tenants pay hydro. 2 2-bdrms, 3 1-bdrms. No vacancy, 5 fridges, 5 stoves, coin laundry washer/dryer, storage lockers. Convenient location. Gross income $44,940. Curious?
629,997
$
5011_DJW_0434
Used as metal fabrication or other uses. Relocated or get self employed. Approx. 2400 sq ft + 1000 sq ft loft/office/lunch room. 200 amp service. 18 ft ceilings. 12 x 14 bay door. Great exposure. Curious?
Nino’s Ristorante
$94,997 or make an offer
EACH OR MAKE AN OFFER
End unit used as small store front retail eatery restaurant w/70% warehouse/storage workshop. Dock door 10 x 20. Easy hwy access. Own your own unit now. Curious?
324,997
$ 5011_DJW_1_0420
5011_DJW_1_0454
Turn key next to Theatre Aquarius. Selling due to health reasons. Well established, fully equipped & liquor license.
199,997
ANCASTER (INDUSTRIAL MALL) “OPTIONS GALORE”
OR TRADE*
BUSINESS FOR SALE
$
5011_DJW_0435
229,997
$
EACH OR MAKE AN OFFER
”Self-employing opportunity!” 2 properties side by side sold together on two deeds. One is res/office the other is garage. Car repair & towing operation. All equipment included w/2 hoists. Corner exposure - must be sold.
EAST HAMILTON (NEAR STONEY CREEK)
CENTRAL HAMILTON “INDUSTRIAL ALL POSSIBLE”
OR FOR LEASE $2000/MNTH
EAST HAMILTON (ROSEDALE AREA) “RESIDENTIAL/RETAIL COMMERCIAL”
329,997
Gorgeous set-up, lots of parking, totally $ newly all renovated, 2 hydro meters. Seperate entrances & heating systems. Retail used as OR Hair Salon or other uses. Upper 2 lvl 2 bdrm residential. Camera Secuirty Systme included. Curious?
TRADE*
5011_DJW_3_0414
Scan QR Code for Smart Phones & Blackberry Users. Quick Easy access to Al’s Listings.
Please say you saw it in The Commercial Investor
COM_0512.indd 25
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26
Commercial Real Estate & Business Opportunities
Volume 12 Issue 02
www.starrealestatehamilton.com
8171509_0512
Star real eState limited, BrOKeraGe 1184 Barton Street East Hamilton, Ontario
(905) 549-3527
Hamilton
OFFiCe SPaCe FOr leaSe
OFFiCe SPaCe FOr leaSe
Prime second floor office space for lease. Approximately 1600 square feet. Easy access to QEW and Centennial Parkway. Located close to Holiday Inn and Golden Griddle Restaurant. Location has a ton of parking. A must see! Asking $1500 a month. Call FRANK FERRARO, Broker (905)549-3527 or email frank@starrealestatehamilton.com 0512_DJW_1_0421
OFFiCe SPaCe aVailaBle
In thriving location with great visual exposure. Approx 1000 sq. ft. presently set up with 5 offices, 2 washrooms & meeting area. $10.00 p.s.f. & tenant to pay portion of utilities. For more details call ROCCO MASTROMATTEI, Broker (905) 549-3527. 0512_DJW_2_0422
iNdUStrial/reSideNtial PrOPertY
Two buildings for the price of one. Approximately 3000 square foot workshop/warehouse. Ideal for many uses. Two storey home with three bedroom and full basement. Listed at $189,900. Call FRANK FERRARO, Broker (905)549-3527 or email frank@starrealestatehamilton.com 0512_DJW_2_0418
Spectacular space avail. In great southwest area, close to St. Joseph’s Hospital. Historical bldg. Office can come furnished or unfurnished. Approx. 900 sq.ft. Listed @ $1,120/mo. All inclusive of heat, hydro + 2 parking spaces. Call FRANK FERRARO, Broker (905) 549-3527 or email frank@starrealestatehamilton.com 0512_DJW_1_0417
COmmerCial/reSideNtial
Known as “Get Together Bar & Grill”. 1st flr. comm.....has been updated w/new kit, (leased @ $3,000/mo.) 2nd Flr. residential is being used as lodging home & rents for $2,720/mo. Total yearly income $75,840. For more details call JOHN MOTA Sr, Broker (905)549-3527 or email info@starrealestatehamilton.com 0512_DJW_3_0419
iNdUStrial POSSiBilitY
Currently being used as residential. 1 storey bungalow zoned by the city as industrial. Huge 157.31’ x 154.53’ lot located on a “dead end” street in Stoney Creek. Buyer to verify all uses. Asking $239,900. Call FRANK FERRARO, Broker (905)549-3527 or email frank@starrealestatehamilton.com 0512_DJW_2_0419
4 UNitS - eaSt mtN. 2 Commercial & 2 2-bdrm. apts. fully rented. Excellent income & good tenants. Garage + large storage shed. To view call MIKE SRDIC, Sales Rep. (905)549-3527. 3 UNitS - SOUtHeaSt
Needs some TLC. One 2 br unit, one 1 br unit & bachelor apt. on 3rd flr. + full basement. 3 car parking in front. Steel fire escape. Owner very motivated. For more info call MIKE SRDIC, Sales Rep. (905)549-3527. 0512_DJW_2_0420
Please say you saw it in The Commercial Investor
COM_0512.indd 26
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Volume 12 Issue 02
27
Commercial Real Estate & Business Opportunities
brokerage FABULOUS WESTDALE LOCATION!
Approx 26,000 sq ft of retail, office & restaurant space. Historic details include high ceilings, wood floors & ceilings, large windows & warehouse garage doors. Please call Elizabeth Parker, Sales Representative at 905-522-3300 or email parker@judymarsales.com
$1,650,000
0512_DJW_0446
Well maintained building with lower level storage & rear parking space. Long established & successful retail location. Please call Elizabeth Parker, Sales Representative at 905-522-3300 or email parker@judymarsales.com
$2,900/PER MONTH
FABULOUS OPPORTUNITY
$329,900
International Village mixed use property with fully outfitted kitchen & restaurant. Totally renovated 3 stry building, commercial & residential use. Please call Elizabeth Parker, Sales Representative at 905-522-3300 or email parker@judymarsales.com for details. 0512_DJW_0449
MIXED USE PROPERTY
$949,500
$239,000
0512_DJW_0447
Downtown location. Lovely 1 bdrm unit w/ high ceilings & loads of natural light. Many updates include windows & roof. Store front commercial Barber Shop & rented by long term tenant. Please call Elizabeth Parker, Sales Representative or Colette Cooper, Broker at 905-522-3300. 0512_DJW_0448
GREAT OPPORTUNITY!
TWO SPACES FOR LEASE
4 residential & 2 retail/commercial units near Juravinski Hospital. Currently used as grocery store, doctor’s offices + 4 residential units. Excellent condition & close to public transit & all amenities. Please call Larry Szpirglas, Broker/Manager at 905-628-2200 or email szpirglas@judymarsales.com
Concession near Juravinski. Close to amenities, public park, transit & hospital. Two spaces 1560-2900 sq ft available. Retail/office use; 2900 sq ft can be divided into 3 separate units. Please call Larry Szpirglas, Broker/Manager at 905-628-2200 or email szpirglas@judymarsales.com
$13 & $13.25 PER Sq. FT.
0512_DJW_0450
Elizabeth Parker
Larry Szpirglas
Sales Representative parker@judymarsales.com
Broker/ Manager szpirglas@judymarsales.com
Hamilton
HISTORIC BUILDING
0512_DJW_0451
Colette Cooper Broker cooper@judymarsales.com
Š1988
8310857_0512
Jack Huitema
Broker of Record
220 Broad Street East, Dunnville, ON N1A 1G2
Phone: 905-774-7624 Fax: 905-774-5960 9885342_0512
Each Office Is Independently Owned & Operated
LARGE POULTRY OPERATION Presently set up for Turkey. 3 barn operation. 88,000 sq. ft. of growing area. Suitable for other poultry. Standby generator and all farm & barn equipment. Modern, 3 + 1 bdrm home. All on 50 acres of land located near Acton, ON. Call Jack.
D L SO
4611_DJW_1_0056
www.coldwellbanker.com Please say you saw it in The Commercial Investor
COM_0512.indd 27
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28
Commercial Real Estate & Business Opportunities
Volume 12 Issue 02
inthenews Continued from Page 13
Retail The increasing number of new U.S. retail chains entering Canadian markets was noted in almost all cities as Canada’s relative stability, high consumer confidence and healthy retail spending, coupled with proximity to American distribution systems, boosted the country’s appeal for companies wary of further U.S. expansion. On the heels of Victoria’s Secret and Bath & Body Works opening stores in 2010, others followed. In 2011, Canadian consumers welcomed the likes of J. Crew, Express and Marshalls, to name a few. All this activity, of course, is paving the way for U.S.-based giant Target Corporation’s roll-out of roughly 135 stores in early 2013, following its acquisition of Zellers in early 2011. Eleven of Target’s first 24 stores in Canada will be located in the Greater Toronto Area. Hamilton
Steady cross-border demand, along with low vacancy rates and increasing rents, have investors adding retail assets to their portfolios. Through the first three quarters of 2011, retail ($3.9 billion) edged out office ($3.7 billion) as the most actively traded asset class amongst investors. The retail sector was not without its casualties however, as Blockbuster Canada was pushed into receivership in 2011. Industrial Vacancy rates are declining in most of Canada’s industrial markets as space is steadily absorbed. Stability and modest growth are reported across the country, with some markets anticipating the return of speculative development in 2012.
resulted in further cap-rate compression. And for select assets, cap rates are lower than the previous peak in 2007. The year was highlighted by a number of signature deals including what was the single largest deal of 2011 – Hines REIT selling Atrium on Bay (a 1.1-msf office/retail complex in downtown Toronto) to H&R REIT for nearly $345 million. Even after flipping five of the original 29 assets ($832 million), Dundee REIT secured the largest office portfolio ever acquired by a Canadian REIT for $690 million from Blackstone/Slate Properties. In all, commercial real estate investment activity in Canada surged to almost $15 billion through the first three quarters of 2011 – nearly $2 billion, or 16 per cent, higher than the same period one year prior. This figure could equal or surpass the $20-billion mark as there were a number of transactions in the final stage of negotiation during the closing months of 2011. For 2012, these trends are expected to continue, tempered only by a scarcity of high-quality assets and the spectre of international economic difficulties.
In 2011, the national industrial vacancy rate ended just below five per cent. This compares with 5.5 per cent in 2010 and 6.1 per cent in 2009. In 2011, seven of the 11 industrial markets recorded vacancy rates below the national average of 4.9 per cent. Regina boasted the nation’s lowest vacancy rate at 2.1 per cent, unchanged from one year prior. Eight of the 10 remaining markets saw a decline in vacancy led by a 280-bps drop in Lethbridge to 2.9 per cent. While not as dramatic, vacancy rates also trended lower in Ottawa (-140 bps to 2.7 per cent) and Montreal (-130 bps to 6.2 per cent). Modest declines were noted in Calgary (4.7 per cent), Edmonton (4 per cent), Mississauga/GTA West (6.1 per cent), Toronto (5 per cent) and Winnipeg (2.4 per cent), each falling by 40 bps. In contrast, Halifax witnessed a 100-bps rise in its industrial vacancy rate to 6 per cent, while Vancouver came in at 4.6 per cent, up 20 bps from one year earlier. More of the same is expected in 2012, as Canada’s industrial vacancy rate is forecast to end the year slightly lower, at 4.7 per cent. Vacancy rates are expected to hold firm in Lethbridge (2.9 per cent) and Montreal (6.2 per cent); increase in Ottawa (+60 bps to 3.3 per cent) and Regina (+30 bps to 2.4 per cent); and decline in Halifax (-100 bps to 5 per cent), Mississauga/ GTA West (-60 bps to 5.5 per cent), Calgary (-50 bps to 4.2 per cent), Vancouver (-40 bps to 4.2 per cent), Edmonton (-20 bps to 3.8 per cent), Toronto (-20 bps to 4.8 per cent) and Winnipeg (-10 bps to 2.3 per cent). Investment Unlike 2009 and the early part of 2010, when product and buyers were largely non-existent, the investment market is back and robust with the relatively ready availability of debt (due to continued historically-low interest rates) creating a large pool of buyers – particularly the Real Estate Investment Trust (REIT) sector. This situation has elevated prices to pre-credit-crisis levels in many markets. A limited supply of highly contested product – as witnessed by an increased number of bids – has Continued on Page 33
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Volume 12 Issue 02
29
Commercial Real Estate & Business Opportunities
8171399_0512
Re/Max escarpment Realty Inc Brokerage
Hamilton
37 MAIN ST W SELKIRK - $119,900 Become your own boss with lots of potential in these two well maintained buildings, located en route to local industry and tourism - Lake Erie cottagers and race fans - lots of traffic! Zoned hamlet commercial - several permitted uses. Main bldg 40 x 24 ft (960 sq ft) was a former cafe w office and residential loft area. Inc n/g furn, c/a, rf done in 02, 3 pc bath, 100 amp hydro. Smaller blding 24 x 20 (480 sq ft) currently rented at $400 (covers prt of mortgage!!!) and is leased until Sept 2013. Inc 1200 gln cistern & ind septic system. Live and work here! 0512_DJW_1_0403
LOTS FOR SALE IN STEVENSVILLE Excellent investment opportunity for a builder or for your own personal use. Attractively priced building lots in prime Niagara area. Minutes to QEW, Niagara Falls and US border. Nice country setting with municipal water & n/gas available. Call for details regarding permits, levies, etc. Prices ranging from $4000 to $26,000. 0512_DJW_1_0422
17 ERIE ST. S & 19 ERIE ST S $70,000 & 179,900
Industrial bldg located in Fisherville, approx. 35-40 min S of Hamilton, 10 min to Cayuga & Lake Erie. Inclds 60 x 40 stl cld insul htd main unit plus 40 x 25 end unit, w/ 2 hoists, conc flr, hydro, spray bth. Oversized frnt/side doors, cistern, septic, sys, paved prkg lot. Must be sold w/ abutting 1.5 stry 3 bdrm home loc in Fisherville, cls to school, medical centre, dwntown & Lake Erie. 35-40 min S of Hamilton, 403. Ftrs OC flrpln w/ ext use of pine. Inclds hrdwd flrs, wd stv, euro-white kitch cabinetry, livindinrm combo, w/o to deck & pool. 0512_DJW_1_0017
0512_DJW_1_0423
2 MAIN AVENUE W, FISHERVILLE $214,000
2071 MAIN ST S, JARVIS $744,000
Affordable 11 plex investment property on outskirts of Jarvis. Approx. 35-45 mins SW of Hamilton. This well maintained brick bldg inc 11x2 bdrm units w 11 fridges & 11 stoves. Comm laundry rm w new coin op machines ‘09. 3 units in bsmnt, 4 on main lvl & 4 on upr with balconies. Fully rented w super w 12 yr tenure. Allow notice for showings.
Profitable turnkey business approx. 35-40 mins. S. of Hamilton, en route to Lake Erie in busy convenient store, 2-pump gas station, 50 x 21 ft. mechanic’s garage (functional), w/hoist & air compressor. Groceries, milk, cigarettes, lottery, phone card, ATM, bulk water refill, movie rentals & more. Incl. reno’d 1100 sq. ft. 2 bdrm. upr. level living unit, $800 per month.
0512_DJW_1_0065
0512_DJW_1_2301
1 DON JON BOULEVARD, PORT DOVER $719,000
Immaculate investment property located on .49 acre lot in prime Pt Dover area. Close prox to downtown shopping district & the famous beach strip sit’d on manicured lot with R-3 zoning plus special amendment allows for 2nd residence. Inclds well maint’d 4-plex built in 1987. All 2 bdrm units w/kit, dinrm, livrm, 4 pc bath, laundry rm, individual aqua term furnaces, sep hydro, gas, water meters. Approx 1050 sq ft each w/roomy common area. 2nd bldg. constructed in 1995 features full upper level apt with 2 berms, livrm, dinrm, kit, 4 pc bath, laundry plus patio door walk-out to elevated balcony-boasts panoramic views of Dover. This unit offers 1231 sq.ft.w/separate aqua-term furnace & 100 amp hydro. Lower level includes 550 sqft insulated garage/workshop w/drywalled interior, 2 pce bath, insulated roll-up door & furnace. Value added with 702 sqft in-law unit complete w/4 pce bath, large bdrm, open concept livrm, dining area & kitchen plus furnace & 2 man door walk-out. Tar & chipped drive/parking lot compliments this pristine property. 0512_DJW_2_0401
38 TALBOT ROAD, CANFIELD - $79,000
Calling all you mechanics, car junkies, hobbyists. Check out this cool unbelievably priced package. Includes 50’x40’ garage with 11’x12’ door & 12’x10’ door. Concrete floor, N/gas ceiling mounted heater, wood stove (as is);’ air over oil hydraulic car hoist-(not certified) plus 60 amp with 220 plug. New roof trusses with steel covering installed approx. 30 yrs. ago. Majority of exterior is steel clad there is steel sheets plus 2 roll-up (not installed) included. 2nd 40’x25’ building has several possibilities. Presently used for storage with no hydro connected. Situated on 66’x150’ lot in the quaint hamlet of Canfield - 30 minute commute to Hamilton, Stoney Creek & QEW. Central to Cayuga, BInbrook & Dunnville. Large aggregate parking lot is a bonus. Zoned Hamlet Commercial - allows for many uses. Buyer to verify specific zoning & intended use. A great business opportunity. Affordable enough for guys weekend hang-out. AKA-MAN CAVE! 0512_DJW_2_0064
14 TALBOT ST E JARVIS - $49,900
Rare comm lot in central Jarvis. Offers high visibility, busy vehicle/pedestrian traffic. Zoning allows for several permitted uses - incls multi res units, comm bldg appl, car wash, car lot, etc. Easy access for future const, muni wtr, sewer, n/gas, cable, hydro, phone avail at lot line. Buyer to verify attaining of bldg permits. 0512_DJW_2_0404
1020 UPPER WELLINGTON HAMILTON - WOW $39,000
Profitable turn key used car business. Boasting prime central mountain location. Offers high visual exposure w/ easy access to major transportation routes. Established dealership since 2004. Includes approx. 1200 sq ft building w/ 2 sales offices, insur/fin office, switchboard, comp equip. & more. P & L available to serious inquiries only. 0512_DJW_4_0416
Please say you saw it in The Commercial Investor
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Commercial Real Estate & Business Opportunities
Volume 12 Issue 02
real estate’s long term investment strategy Can be Compared to the Chinese Bamboo By Dino Nicosia, Broker of Record, Investpro Realty and Appraisal Ltd. Brokerage
Worth Waiting for... North American investors who are obsessed with the next quarter’s results – in contrast to their Japanese counterparts – might draw a lesson from the example of the Chinese Bamboo. Hamilton
This is a true fact. “Consider the Chinese Bamboo: the seed is planted. It is watered. It is fertilized. But the first year nothing happens. The second year it is watered and fertilized again, but nothing happens. The same process is repeated during the third and fourth years; still nothing happens. Yet, during the fifth year, in a period lasting no more than six weeks, the bamboo grows 90 feet. Did the bamboo grow 90 feet in six weeks, or 90 feet in five years? The answer is five years, because at any time during that interval, had fertilizing and water not been maintained, the plant would have died.” As the bamboo, real estate in the long term will pay off big dividends. Be patient and take care of your investment, in the end it will take care of you. Buy and hold for the long term. History has proven over and over, that in the long term, Real Estate is a solid investment. Real Estate is true hedge against inflation with the potential to bring excess wealth to the Wise Investor. With the continuing increase in population, it reinforces that old saying that you should “buy land, because they do not make it any more”. This has never been so true.
8171452_0512
Please say you saw it in The Commercial Investor
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Volume 12 Issue 02
31
Commercial Real Estate & Business Opportunities 9558936_0512
Brokerage The Apartment Building Specialists
Dino Nicosia, Broker of Record
PHONE: 905-631-6500 FAX: 905-631-6505 dino@investprorealty.com
Hamilton
0512_DJW_3_0429
0512_DJW_2_0430
www.investprorealty.com
“Your Investment Partner for Life”
31 UNITS
2 properties near Downtown Hamilton, visit our website for details. 0512_DJW_2_0446
TRUE MONEY MAKER
4 Units 2 x 3 br Suites and 2 Commercial. Asking $329,000. 9% CAP RATE. Visit our website for details.
0512_DJW_2_0457
0512_DJW_2_0447
n Pr ew Ic e
0512_DJW_1_0447
SELLER IS MOTIVATED 4 UNITS
Great condition and location... Asking $249,000. Visit our website for details.
25 BED RETIREMENT HOME IN NIAGARA FALLS
Asking $1.1 mil. See our website for all details.
13 UNITS EAST HAMILTON 0512_DJW_2_0423
0512_DJW_3_0434
0512_DJW_1_0466
4 UNITS IN HEART OF DOWNTOWN HAMILTON
2 large luxury 3 br suites (2,000 sq ft) and 2 large retail space. For details visit our Website.
21 UNITS CENTRAL HAMILTON
Asking $949,000. For details visit our Website or contact us for info package.
0512_DJW_3_0433
3 large luxury residential suites and 1 huge retail space. For details visit our Website or contact us for info package.
6 UNITS HAMILTON
Very large all 2 br. units, mostly renovated incl. windows, boiler, plumbing and wiring. For more details, visit our website.
0512_DJW_3_0056
0512_DJW_3_0430
4 UNITS IN HEART OF DOWNTOWN HAMILTON
0512_DJW_1_0079
9 UNITS NEW PRICE
Asking $429,000. Visit our website for details.
Visit our website for details.
6 UNITS SOUTH WEST HAMILTON
Asking $419,000. For all details please visit our website.
Please say you saw it in The Commercial Investor
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Volume 12 Issue 02 10634028_0512
Commercial Real Estate & Business Opportunities
Steve Robes
Sales Representative Email: steverobes@royallepage.ca
www.s te v e ro bes. com
905-574-4600 1-877-574-4601
2 ACRES - 4 BEDROOMS - 4000 SQ. FT. WAREHOUSE - 600V, 200 AMP POWER IN SHOP
Hamilton Rare chance to own this approx 2 acre property on the outskirts of Stoney Creek mtn. A completely renovated top floor, 4-bedrm bungalow sits here feat in-law suite w/separate entrance. A 325 sq ft sunrm w/FP, heated flr & wetbar. 4000 sqft warehouse w/sep hydro & plumbing, stunning pond w/bridge. 0512_DJW_1_7002 0512_DJW_1_7000 0512_DJW_1_7001
WELL ESTABLISHED RESTAURANT WITH LICENSED PATIO
FOR SALE $345,000
Close to St. Joseph’s Hospital, condo living and the downtown core. Fully licensed for 101 indoor and 41 patio. Serving breakfast, lunch, dinner and organized parties. Consistent sales from a loyal clientele. All equipment and chattels included. MLS #H3052209.
Hasty Market convenience store for sale. Inventory approx $40,000. Attractive lease option available. All for one low price. Call for more details.
0512_DJW_1_0041
0512_DJW_1_0430
OVER 30 YEARS OF OPERATION MOTIVATED SELLER
$1000/MONTH
Stylish Mediterranean restaurant located in the core of downtown. Offering a full menu with lunch and dinner specials. Sharp decor with motel, shopping, mall, offices and theatre all within walking distance. $42,000.
Appx 1000 sq ft of ground level space located across the street from future Walmart development site. Located on the corner of Ottawa Street North and Cluny Ave. Fully air conditioned with basement.
0512_DJW_1_0066
0512_DJW_2_0429
Looking for apartment building.
40 units plus. Qualified clients are ready to buy. Please call. Please say you saw it in The Commercial Investor
COM_0512.indd 32
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Volume 12 Issue 02
33
Commercial Real Estate & Business Opportunities
inthenews Continued from Page 28
Office While office absorption increased slightly in many markets in 2011, the absorption was modest. Nationally, the vacancy rate dipped to 12.5 per cent in 2011 from 13 per cent in 2010. Avison Young’s U.S. office markets recorded an overall average vacancy rate of 15 per cent in 2011, a 110-bps improvement over 2010. Chicago witnessed the largest decrease in vacancy, receding to 15.1 per cent in 2011 from 20.2 per cent at year-end 2010. In other markets, Atlanta (16.9 per cent) saw its absorption trend positively approaching yearend while Boston (18.7 per cent) and Las Vegas (19.6 per cent) witnessed small upticks in their vacancy rates. Meanwhile, Dallas (17.7 per cent), Los Angeles (12.9 per cent) and Washington, DC (11.7 per cent) experienced vacancy declines. Houston vacancy remained steady at 13.8 per cent over the year, but is beginning to shift to a landlord’s market. Most of Avison Young’s U.S. markets are forecast to see tepid and fluctuating vacancy rate improvement in 2012. Retail While the overall U.S. retail vacancy rate came in at seven per cent in 2011, vacancy levels in Avison Young’s U.S. markets ranged from four per cent in Washington, DC to 12 per cent in Las Vegas. A few markets remained stable over the year while others experienced falling rental rates and continued oversupply. Houston is witnessing a slow turnaround and reduced vacancy, leading to major retailers planning future expansions. In Las Vegas, many big-box centers that were eagerly built a few years ago in anticipation of future residential developments remain vacant. Washington, DC saw an overall decrease in its retail vacancy as new restaurants opened in select neighborhoods and the service retail sector continued to expand. Boston witnessed several national retailers fill vacancies left during the recession. More stabilization for the retail sector is anticipated in 2012, with development stalled in most cities until the economy further improves.
construction will occur in the major markets in 2012. Improved vacancy rates and positive absorption are forecast for many markets, including Dallas, which is expected to see its vacancy decrease to 9.6 per cent from 10.6 per cent. Houston and Los Angeles led Avison Young’s U.S. industrial markets in 2011 with 5.6 per cent and 4.2 per cent vacant, respectively, and with rents rebounding due to their strategic port locations. In Chicago’s 1.15-billion-square-foot industrial market, recovery is underway in select submarkets such as O’Hare. Investment The U.S. investment market witnessed strong demand and increased velocity in 2011 and, as in 2010, cross-border investors made significant investments in the U.S. As year-end approached, Canadian buyers alone had closed on $5 billion in office, industrial and retail assets, and overall transaction volume in the U.S. neared $200 billion. Investment opportunities remain available for investors looking at non-coastal markets in 2012.
Hamilton
U.S.
Several of Avison Young’s markets experienced positive investment trends in 2011. In Atlanta, value-add opportunities attracted significant buyer interest. Houston was one of the country’s most active markets and 2012 will be another year of strong investor interest. Chicago proved to be a solid choice for investors and witnessed a spurt of capitalmarkets activity in the first half of 2011 with several industrial portfolios changing hands. Duke Realty, Industrial Income Trust and Heitman Realty all made notable investments in the Chicago market. Boston saw a return of sustained liquidity and a broad range of asset sizes and classes trade in 2011. And in Washington DC, sales for office, retail and industrial properties reached $8.4 billion as investors’ appetite for assets in the National Capital Region continued. Overall, predictions of a meaningful U.S. real estate recovery in 2011 were replaced with tempered forecasts by mid-year. Avison Young anticipates 2012 will continue the trend of modest fluctuating recovery as was experienced in 2011.
Industrial The U.S. industrial market witnessed positive tenant demand in 2011, resulting in an overall vacancy rate of 9.6 per cent. Vacancy in the Avison Young industrial markets performed similarly to the U.S. as a whole and declined to 9.7 per cent in 2011 from 10.2 per cent in 2010. As growth remains slow, minimal new
Founded in 1978, Avison Young is Canada’s largest independently-owned commercial real estate services company. Headquartered in Toronto, Ontario, Avison Young is also the largest Canadian-owned, principalmanaged commercial real estate brokerage firm in North America. Comprising more than 800 real estate professionals in 26 offices across Canada and the U.S., the full-service commercial real estate company provides value-added, client-centric investment sales, leasing, advisory, management, financing and mortgage placement services to owners and occupiers of office, retail, industrial and multi-residential properties.
Please say you saw it in The Commercial Investor
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Commercial Real Estate & Business Opportunities
Volume 12 Issue 02 8480969_0512
34
Sutton Group Innovative Realty Inc., *Brokerage *Independently owned and operated
905-575-7070 Burlington 905-681-2800 e-mail: mharris@sutton.com
1-1423 Upper Ottawa St, Hamilton, Ontario L8W 3J6
TURNKEY
PRICE REDUCED
Mark P. Harris Broker of Record
Hamilton
• Well established - 19 yrs. • Delivery service. • Hundreds of regular accts. • Easy to expand coverage. • Huge potential.
359,000
$ 0512_PROD_1_1014
moneysense
Five tax tips for 2012
I
t’s never too early to start tax planning. “Canada’s tax deadline is April 30,” said Dennis Tew, chief financial officer of Franklin Templeton Investments Corp. “Planning ahead today can mean greater savings and less financial pain tomorrow.” Some tips to remember for your 2011 tax return: Charitable giving The more you give, the more you save. Depending on your province of residence, the tax credit can increase as you contribute more. You can check with the Canada Revenue Agency for more information. Children Keep track of costs tied to your children and take advantage of tax deductions, including applicable child care, art activities, sports and some summer camps. Post-secondary tuition costs can be transferred to a parent for a deduction because children are usually in a low tax bracket.
File on time If you owe tax and miss the deadline, you will be charged five per cent of your balance owing, plus one per cent of your balance for each month your return is late. Cannot pay all of your owing taxes right away? Ensure you file your return and pay what you can to avoid a penalty. RRSPs A Registered Retirement Savings Plan (RRSP) is the foundation for long-term wealth. Contributions may result in a tax deferral. A wide range of assets can be held in an RRSP, including mutual funds. More information about RRSPs is available at www.franklintempleton.ca Self-employed savings Self-employed individuals are entitled to claim many reasonable expenses, including office supplies, consulting fees and travel costs. If you have a home office, you may be able to claim a portion of your utility costs and rent or mortgage. NC
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Volume 12 Issue 02
35
Augie Ammendolia
Broker
250 Main St. W. Hamilton Suite #1 (just West of Queen St.) L8L 1J6 For information on these properties E-mail me at:
augie@cogeco.net
BROKERAGE
8471320_0512
Commercial Real Estate & Business Opportunities
905-527-6713 : 905-518-6713
OFFICE NO:
or visit my website
www.augieammendolia.com
CELL
905-522-6001
HAMILTON INCOME PROPERTIES HAMILTON CENTRE - RETAIL BUILDING
Prime Commercial corner lot on Major King Street artery with lot size: 125 x 125 ft. Close to downtown. Possible land assembly with adjacent properties presently for sale. $795,000. 5011_DJW_1_0456
Great opportunity presently rented month to month to 3 tenants. Approx. 6,000 sq ft. Possible land assembly with adjacent properties presently for sale. $599,900. 5011_DJW_1_0459
HAMILTON CENTRE - COMMERCIAL/ RESIDENTIAL BLDG.
Hamilton
HAMILTON CENTRE - PRIME COMMERCIAL CORNER LOT
Great location. 12,000 SF - 5 commercial units at ground floor and 8 apartment units above. Ample parking. Lot size: 107.3 x 158 ft. Possible land assembly with adjacent properties presently for sale. $995,000. 5011_DJW_1_0458
13 UNIT KING ST. EAST
BANQUET HALL AND BAR Located near the new Centre Mall redeveloped Power Centre & walking distance to the vibrant Ottawa St BIA. Est bar/banquet facility approx. 20,000 SF licenced bar for 393 persons, banquet hall for 400 people with additional 60 persons on mezzanine. Fully equipped kitchen. 50 parking slots at rear. 2 commercial units: Antique store leased at $900 and Beauty Supply Store leased at $450 monthly. $699,900 Real Estate 5011_DJW_0433 and Business.
GREAT WEST HAMILTON LOCATION
Excellent investment 20 Room student/Lodging Building. Across frm Victoria Park & Central TO dwntwn, pub. trnsp., shops, Hw 403, McMaster. Gross annual income is $107,480. This is an amazing solid engineered building/insulated concrete forms/rebars/energy efficient/wheelchair accessible/9 outdoor parking spots in rear of bldg & is directly across from Victoria Park. $865,900. 5011_DJW_1_0001
6 UNITS KING ST.
Nice building, close to downtown Hamilton, high visibility commercial area. New windows and roof in 2010. Rents below market value. $677,900. Gross Annual Income is $97,800. 5011_DJW_2_0023
HAMILTON CENTRE - COMMERCIAL BLDG. 70,000 SF APPROX.
4 PLEX NEAR GENERAL HOSPITAL
Landmark “Mr. Used” building, approx. 70,000 SF fenced compound. Currently used for 2nd hand salvage, antiques, furniture, restaurant equipment. “Mr. Used” sells it all! Great opportunity for conversion i.e. condo, multi-storage facility etc. 5011_DJW_2_0457
Separate gas furnaces and hydro meters. Property in good rental area. Close to downtown and few blocks from General Hospital. Most units upgraded. Please contact Listing Office for additional information. $259,900. 5011_DJW_2_0458
PREVIOUS CREDIT UNION BANK, NEAR IVOR WYNNE STADIUM
TRIPLEX - NEAR THEATRE AQUARIUS
D L O S Great investment. Unique 2 stry brick home with courtyard. 4 apts plus 2 store fronts facing King St. Legal 5 units, used as 6 units with basement apt. Rear parking for tenants plus one car. Garage/ workshop currently being used as storage. Fully tenanted. All tenants pay own hydro. $459,000. 5011_DJW_1_7114
Excellent location!! Option to lease the whole building with total space of 9800 SF for $10/SF or lease only. Great lower level space, high ceilings, full kit 20x11. Ladies & men’s washrooms with terazzo flrs & 2 stalls in each, on site parking for 41 cars, suit many uses, offices, assembley hall, retail, sports or dance club. Great access & busy location. $599,900. 5011_DJW_3_0400
Stately home with impressive olde world character house used in American film shoot. Converted to 3 units, separate heating & electrical systems. Close to downtown, International Village, Theatre Aquarius, extensive renovations. Possible 4th unit renovation in basement. Rear parking. $259,900. 4611_DJW_0455
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Commercial Real Estate & Business Opportunities
Volume 12 Issue 02
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
Greater toronto area COverIng: Ajax • Alliston • Bowmanville • Bradford • Bolton • Burlington • Brampton • Concord, • Durham Region • Etobicoke • Georgetown • Georgina • Keswick • Markham • Milton • Mississauga • Newmarket • North York • Oakville • Oshawa • Pickering • Richmond Hill • Scarborough • Schomberg • Sutton • Toronto • Tottenham • Thornhill, Vaughan • Whitby • Woodbridge
For advertising information contact Doreen Wills Tel: 1-800-268-0077 • 905-570-9283 doreen.wills@wall2wallmedia.com • thecommercialinvestor@wall2wallmedia.com notes: ______________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ Please say you saw it in The Commercial Investor
COM_0512.indd 36
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Volume 12 Issue 02
37
Commercial Real Estate & Business Opportunities
0512_DJW_0422
0512_DJW_0421
8975448_0512
$649,500
$549,000 brand neW cOrner unit in a neWly develOped plaza! 1,851 sq ft, tOns Of parking Over 2 levels Of space, excellent expOsure!
$349,000
$360,000
Business for sale
$325,000
great cOmmercial unit in the sOught after airpOrt business centre! can be used fOr retail/cOmmercial use! frOntage used presently as a shOWrOOm!! plently Of parking at the back & side + 2 pc bath!
0512_DJW_0425
great OppOrtunity tO OWn a successful franchised eatery! established since 18 yrs. grOss annual sales Over 500k, 3 yrs lease With OptiOn fOr 5 mOre!
Greater Toronto Area
0512_DJW_0423
0512_DJW_0424
OppOrtunity knOcks! 6 self cOntained units! One 2 bdrm suite + five 1 bdrm suites! 60k grOss/apprOx 13k exp. many quality upgs & renO’s! acrOss frOm “WadsWOrth park”,schOOls & transit!
$299,999
0512_DJW_0426
successful printing/cOpy business! binding, signs, prOmOtiOnal items! established Over 22 years, turn key, excellent lOcatiOn, nO franchise fees!
rare OppOrtunity tO OWn yOur OWn butcher shOp! 30 yrs in business, Over 300k in sales, lOW rent Of $3,241 Which incls tmi & hst.
Business for sale
$264,900
$89,000
apprOx 1,600 sq ft retail/industrial space fOr sale! full expOsure tO the main rd. & very clOse tO hWy 407! lOading dOOr, bathrOOm & rarely fOund 3 skylights!
fully equipped autO repair facility in a high demand area! steady clientele! price incls all chattels! & $4500/mOnth incl. tmi! mOnth tO mOnth lease + 5 year OptiOn available!
Please say you saw it in The Commercial Investor
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Volume 12 Issue 02
Commercial Real Estate & Business Opportunities
FREE 24-HOUR RECORDED INFORMATION First Time Home Buyers & Real Estate Investors
✓ ✓ ✓ ✓
Percy Fulton Ltd. Brokerage
SEAN ROLAND Real Estate Broker
1-800-290-5164 Including All Foreclosures & Power of Sales
Power of Sales, Foreclosures & Distress Properties Below Market Fixer-Uppers & Tax Sale Properties Below Market Rental Properties, Positive Cash Flow Properties Up to $25,000 Cash-Back at Closing & ZERO Down Mortgages
9508017_0512
POWER OF SALES & FORECLOSURES
View Over 20,000 Homes For Sale Online
www.CanadaOnlineForeclosures.com
All Foreclosures View Over 20,000 Commercial Properties For Sale Including & Power of Sales
www.CanadaOnlineForeclosures.com
$
0512_MARCP_1_3335
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$1 767/ 9 M RO 9, ON DO 90 TH W 0 ZE
0512_MARCP_1_3334
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$1 748/ 9 M RO 4, ON DO 90 TH W 0 ZE
ZE
$
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$1 728/ 8 M RO 9, ON DO 90 TH W 0
(Including: Toronto, Etobicoke, North York, East York, Mississauga, Brampton, Oakville, Milton, Richmond Hill, Vaughan, Woodbridge, Thornhill, Markham, Newmarket, Scarborough, Pickering, Ajax, Whitby, & Oshawa)
Fuzion Condo King Street Liberty Village Sean Roland Real Estate Team 1-800-290-5164 ID#5113 FREE 24 HRS RECORDED INFO
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9 /M RO 9, ON DO 90 TH 0 ZE
$1
$6
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$7
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9 9/ RO 5, MTH DO 00 0
1-800-290-5164 ID#5122 FREE 24 HRS RECORDED INFO
0512_MARCP_1_3339
0512_DJW_1_0428
18 Lee Centre, Scarborough McCowan & Hwy 401 Sean Roland Real Estate Team 1-800-290-5164 ID#5123 FREE 24 HRS RECORDED INFO
www.GtaPowerOfSales.com www.CanadaOnlineForeclosures.com
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$
ZE
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6
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$1
$7
LUXURY FAMILY SIZE CONDO
FREE LIST OF FORECLOSURES
Monarch Hwy 404 & Sheppard North York Sean Roland Real Estate Team 1-800-290-5164 ID#5121 FREE 24 HRS RECORDED INFO
$1 767/ 9 M RO 9, ON DO 90 TH W 0
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$
ZE
Greater Toronto Area
BRAND NEW LUXURY CONDO
8 7/ RO 9, MTH DO 90 0
DOWNTOWN NEW LUXURY CONDO
Fuzion Condo King Street Liberty Village Sean Roland Real Estate Team 1-800-290-5164 ID#5112 FREE 24 HRS RECORDED INFO
ST A $1 RTIN ZE 9 G RO 9, FR DO 90 OM W 0 N
BRAND NEW LUXURY CONDO
Fuzion Condo King Street Liberty Village Sean Roland Real Estate Team 1-800-290-5164 ID#5111 FREE 24 HRS RECORDED INFO
$1 767/ 9 M RO 9, ON DO 90 TH W 0
DOWNTOWN NEW LUXURY CONDO
DOWNTOWN NEW LUXURY CONDO
LUXURY FAMILY SIZE CONDO
DOWNTOWN NEW LUXURY CONDO
Edge Condos Queen Street Liberty Village Sean Roland Real Estate Team 1-800-290-5164 ID#5131 FREE 24 HRS RECORDED INFO
8 Lee Centre, Scarborough McCowan & Hwy 401 Sean Roland Real Estate Team 1-800-290-5164 ID#5133 FREE 24 HRS RECORDED INFO
Fuziaon Condo King Steet Liberty Village Sean Roland Real Estate Team 1-800-290-5164 ID#5133 FREE 24 HRS RECORDED INFO
WE WILL BEAT ANY BANK RATES GUARANTEED! Interest Rates as Low as
99% 2. How to Get the 3 Lowest rates in Canada FSCO License #10855
1-800-290-5164 EXT #7557 FREE 24 HOUR RECORDED INFO
✓ ZERO DOWN Mortgages ✓ 1st, 2nd, & 3rd Mortgages ✓ Bad Credit as low as 540 ✓ No Credit OK ✓ Self-Employed OK ✓ No Income Verification OK ✓ Refinance & Equity Take Out ✓ Debt Consolidations ✓ New Tax Deductible Mortgage ✓ Pay Off Your Home in 7 Years
We Work with Over 50 Banks, Trust Companies, Credit Unions, & Private Lenders
Please say you saw it in The Commercial Investor
COM_0512.indd 38
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Volume 12 Issue 02
39
Commercial Real Estate & Business Opportunities
FREE 24-HOUR RECORDED INFORMATION POWER OF SALES & FORECLOSURES
Percy Fulton Ltd. Brokerage
SEAN ROLAND Real Estate Broker
1-800-290-5164 Including All Foreclosures & Power of Sales
9508003_0512
First Time Home Buyers & Real E Estate IInvestors
✓ Power of Sales, Foreclosures & Distress Properties ✓ Below Market Fixer-Uppers & Tax Sale Properties ✓ Below Market Rental Properties, Positive Cash Flow Properties ✓ Up to $25,000 Cash-Back at Closing & ZERO Down Mortgages
View Over 20,000 Homes For Sale Online
www.CanadaOnlineForeclosures.com
All Foreclosures View Over 20,000 Commercial Properties For Sale Including & Power of Sales
www.CanadaOnlineForeclosures.com $ $ 767 ZE 19 /MO RO 9, N DO 90 TH W 0 N
3 BEDROOM WITH FINISHED BSMT
FREE LIST OF FORECLOSURES
827 Olive Ave, Oshawa Sean Roland Real Estate Team 1-800-290-5164 ID #5211 FREE 24 HRS RECORDED INFO
571 Wilson Rd S, Oshawa Sean Roland Real Estate Team 1-800-290-5164 ID #5213 FREE 24 HRS RECORDED INFO
www.CanadaOnlineForeclosures.com
$3 296 3 /M RO 7, ON DO 90 TH W 0
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W
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4 /M RO 4, ON DO 90 TH 0
$1
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$9
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$2 805/ 0 M RO 9, ON DO 90 TH W 0
1-800-290-5164 ID #5212 FREE 24 HRS RECORDED INFO
1411 Springwater Cres, Oshawa Sean Roland Real Estate Team 1-800-290-5164 ID #5223 FREE 24 HRS RECORDED INFO
41
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$ 9 ZE 36 /M RO 9, ON DO 90 TH W 0 N
4 BED 4 BATH WITH BSMT APT
4 Inglis Ave, Oshawa/Courtice Sean Roland Real Estate Team 1-800-290-5164 ID #5222 FREE 24 HRS RECORDED INFO
$ 9 ZE 36 /M RO 9, ON DO 90 TH W 0 N
3 BEDROOM 3 BATH DETACHED
95 Champine Sq, Oshawa/Bowmanville Sean Roland Real Estate Team 1-800-290-5164 ID #5221 FREE 24 HRS RECORDED INFO
$1 $ 369 ZE 35 /M RO 7, ON DO 00 TH W 0 N
3 BEDROOM 2 BATH DETACHED HOME
Greater Toronto Area
BEAUTIFUL DETACHED FAMILY HOME
0512_DJW_0401
0512_DJW_0400
ST A
N
$ RT ZE 19 ING RO 9, FR DO 90 OM W 0
$ $ 747 ZE 19 /MO RO 4, N DO 64 TH W 9 N
(Including: Toronto, Etobicoke, North York, East York, Mississauga, Brampton, Oakville, Milton, Richmond Hill, Vaughan, Woodbridge, Thornhill, Markham, Newmarket, Scarborough, Pickering, Ajax, Whitby, & Oshawa)
4 BED 4 BATH WITH BSMT APT
3 BEDROOM 3 BATH DETACHED
3 BED 3 BATH WITH FINISHED BSMT
14 Ryland Cres, Oshawa/Port Perry Sean Roland Real Estate Team 1-800-290-5164 ID #5231 FREE 24 HRS RECORDED INFO
105 Baxter St, Oshawa/Bowmanville Sean Roland Real Estate Team 1-800-290-5164 ID #5232 FREE 24 HRS RECORDED INFO
154 Harmer Dr, Oshawa/Newcastle Sean Roland Real Estate Team 1-800-290-5164 ID #5233 FREE 24 HRS RECORDED INFO
WE WILL BEAT ANY BANK RATES GUARANTEED! Interest Rates as Low as
99% 2. How to Get the 3 Lowest rates in Canada FSCO License #10855
1-800-290-5164 EXT #7557 FREE 24 HOUR RECORDED INFO
✓ ZERO DOWN Mortgages ✓ 1st, 2nd, & 3rd Mortgages ✓ Bad Credit as low as 540 ✓ No Credit OK ✓ Self-Employed OK ✓ No Income Verification OK ✓ Refinance & Equity Take Out ✓ Debt Consolidations ✓ New Tax Deductible Mortgage ✓ Pay Off Your Home in 7 Years
We Work with Over 50 Banks, Trust Companies, Credit Unions, & Private Lenders
Please say you saw it in The Commercial Investor
COM_0512.indd 39
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Commercial Real Estate & Business Opportunities
Volume 12 Issue 02
SkyViews MULTI-UNIT RESIDENTIAL INDUSTRY REMAINS STRONG Highlights from CMHC’s Rental Market Survey Breakfast By Cliff Ford, Skyview Realty Ltd, Brokerage
Greater Toronto Area 8647857_0512
Please say you saw it in The Commercial Investor
COM_0512.indd 40
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Volume 12 Issue 02
41
Commercial Real Estate & Business Opportunities
Greater Toronto Area
11237352_0512
Please say you saw it in The Commercial Investor
COM_0512.indd 41
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Commercial Real Estate & Business Opportunities
Volume 12 Issue 02
inthenews
Consumer confidence surges with optimism in the new year: Survey
C
anadian consumers are willing to take a fresh and more optimistic view of the economy and their
prospects as we enter 2012, according to the latest consumer confidence survey conducted by TNS Canada. After dropping to 95.0 in December, the TNS Canadian Consumer Confidence Index rose sharply in January to 98.6, the highest it’s been since July of last year.
Greater Toronto Area
“Canadians are entering 2012 with a renewed sense of optimism about the economy,” said Norman Baillie-David, Vice President of TNS Canada and Director of the Marketing and Social Research firm’s monthly tracking study. “As we enter a new year, Canadians have decided, at least for now, to ignore the dire news headlines coming from the US and Europe and to think that 2012 will be a good year for the economy.” The Present Situation Index, which measures how people feel about the economy right now, dropped slightly in December to 92.9 and then rebounded five (5) full index points to 97.9. This indicates that despite continuing gloomy economic news and uncertain prospects, Canadians are looking around and saying to themselves: “I don’t know about anyone else, but I’m feeling OK about my own situation right now.” The Expectations Index, which measures people’s outlook for the economy six months from now also rose sharply, from 99.2 in December to 102.9 in January, the highest it’s been since July of last year. “Canadians want to believe that 2012 will be a good economic year, and are reflecting that in a renewed sense of optimism,” added Mr. Baillie-David. “Time will tell if the optimism will result in better economic performance, or if it’s just wishful thinking.” The Buy Index, which measures the extent to which Canadians feel that now is a good time to purchase a “big ticket item”, such as a car or a major household appliance, is perhaps the most important of the sub-indices, because if people feel now is a good time to buy, they may act on it, which will provide the real economic stimulus. The Buy Index also rose, although not quite as sharply as the other indices, from 93.8 in December to 95.2 in January. All in all, our Consumer Confidence Index is showing a good news story. We just hope it proves to be more than the optimism of a new year and carries forward to our survey next month. Consumer Confidence Index tracks Canadians’ attitudes about the economy each month and is part of a global study conducted by TNS in 18 countries. Three indices are produced each month to show how
confidence in the economy is changing: Present Situation Index; an Expectations Index; and a Buy Index. The Canadian fieldwork is conducted using the firm’s national bi-weekly telephone omnibus service, TNS Express Telephone. A total of 1,015 nationally representative Canadian adults were interviewed between January 9 and January 13, 2012. For a survey sample of this size, the margin of sampling error is plus or minus 3.1 percentage points, 19 times out of 20. TNS Canada (formerly known as TNS Canadian Facts) is the Canadian arm of TNS. TNS advises clients on specific growth strategies around new market entry, innovation, brand switching and stakeholder management, based on long-established expertise and market-leading solutions. With a presence in over 80 countries, TNS has more conversations with the world’s consumers than anyone else and understands individual human behaviours and attitudes across every cultural, economic and political region of the world. TNS is part of Kantar, one of the world’s largest insight, information and consultancy groups. Kantar is one of the world’s largest insight, information and consultancy groups. By uniting the diverse talents of its 13 specialist companies, the group aims to become the pre-eminent provider of compelling and inspirational insights for the global business community. Its 28,500 employees work across 100 countries and across the whole spectrum of research and consultancy disciplines, enabling the group to offer clients business insights at each and every point of the consumer cycle. The group’s services are employed by over half of the Fortune Top 500 companies. For further information, please visit us at www.kantar.com
Please say you saw it in The Commercial Investor
COM_0512.indd 42
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43
Commercial Real Estate & Business Opportunities 8342760_0512
905-617-7557
Mark Kelterborn
$749,900
$299,500
ESTABLISHED & PROFITABLE REGISTERED PRIVATE CAREER COLLEGE! CURRICULUM INCLS AESTHETICS, COSMETOLOGY, SPA THERAPY & LASER TRAINING! STATE OF THE ART EQUIPMENT!
mcdadi.com
$89,000
INDUSTRIAL/COMMERCIAL CONDO UNIT ON A MAIN STREET! IDEAL FOR BUYERS REQUIRING FREEZER/ REFRIGERATION OR TO USE AS A BAKERY! BUSINESS CHATTELS INCL IN SALE PRICE! LOW CONDO FEES!
WELL ESTABLISHED TANNING SALON! OVER 5000 CLIENT DATA BASE, 4 TANNING BEDS, 2 STAND UP BEDS, FACIAL TANNER, CLIENT MANAGEMENT SYSTEM, ON SITE LAUNDRY, NO FRANCHISE FEES!
905.502.1500
mark@mcdadi.com
Commercial Advisors Inc. Brokerage
Greater Toronto Area
$349,900
0512_DJW_0420
PROF OFFICE BLDG COMPLETELY RENOVATED INSIDE & OUT! APPROX 2,700 SQ FT, MOVE IN CONDITION! EXCELLENT STREET EXPOSURE! IDEAL FOR LAWYERS, DOCTORS & OTHER PROFESSIONALS!
0512_DJW_0419
HIGH PROFILE CORPORATE HEADQUARTERS! APPROX 20,000 SQ FT, ROOFTOP BILLBOARD OFFERING GREAT INCOME! SHORT DRIVE TO TORONTO & PEARSON AIRPORT!
0512_DJW_0417
$6,399,000
0512_DJW_0418
0512_DJW_0416
Sales Representative
Each office Independently Owned & Operated
302 Bridgeland Avenue, Suite 100, Toronto, ON M6A 1Z4 Tel.: (416) 907-8228 Fax: (416) 907-8227 Toll Free: 1-877-907-8228
Neil Warshafsky Broker of Record Owner, CCIM
(416) 907-8001 nhw@remax.net
Fraser MacDonald Sales Representative/ Managing Partner
WE WANT YOU!!
• Strong International Brand • A Commercial Real Estate Agent who wants a change • Looking to join a Professional Office • Renovated offices • Just want to have fun! • To join a great culture • Technology advanced strong mentorship & training • Seeking a new challenge
(416) 848-1992
fmacdonald@remax.net
www.rcatoronto.com
10874217_0512
Please say you saw it in The Commercial Investor
COM_0512.indd 43
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Volume 12 Issue 02
Commercial Real Estate & Business Opportunities
Tony Giannini Sales Representative
BROKERAGE 77 City Centre Dr. Suite #106, Mississauga ON.
9774309_0512
905-275-9400 Toll Free 1-888-228-9669 Email: agiannini@trebnet.com 4 Bay coin car wash, coin laundromat. Four apartments with room to expand. Great investment with multiple incomes. Located close to Newmarket but being the only game in growing town. More info. Call Tony. Asking $1,049,000.
0512_DJW_2_0034 0512_DJW_1_0035 0512_DJW_3_0036
Greater Toronto Area
EXCLUSIVE Branded gas station with c-store and car wash located on major high volume road traffic in the GTA. Totally renovated - new tanks, pumps and c-store, totally gutted car wash with brand new equipment. Previous gas sales before renovations of 7-8 million ltrs. Asking $3.9 million.
EXCLUSIVE Newer state of the art coin and 55 ft conveyor tunnel car wash. Tunnel featuring touchless or friction. Already doing $500K in sales and growing. Located just north of GTA. Asking $3.8 million.
EXCLUSIVE 8 bay coin car wash with separated rental income from apartments and commercial building. High volume sales & rental income. Asking $1.95 million. Located north of GTA. Call for further details.
EXCLUSIVE 6 bay coin car wash and automatic car wash plus rental from separate commercial building and sign rental. Newer heating system and automatic car wash equipment. Located west of Burlington. Asking $1.8 million.
Great industrial unit located in Meadowvale Business Park in Mississauga. 2683 sq ft, 18’ clear height truck level shipping & receiving. Ready to move your business. Asking $499,000.
4876 sq ft industrial unit available in Meadowvale business. Close to major hwy’s. 18’ clear height. Asking $899,000. Also available to purchase together with 2683 sq ft. 0512_DJW_2_0038
0512_DJW_1_0037
Mississauga
Coin
laundromat
with
dry
cleaning, wash & fold, alterations, surrounded by many apartment buildings. Potential to increase business with long hours. Owners retiring and motivated. Asking $459,000. 0512_DJW_1_0078
URGENTLY Needed for anxious qualified buyer. High volume gas stations and High Volume coin Laundromat. Retail strip plazas. High volume car wash. SELLING!! CALL NOW FOR FREE CONSULTATION Please say you saw it in The Commercial Investor
COM_0512.indd 44
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Volume 12 Issue 02
45
Commercial Real Estate & Business Opportunities
0512_DJW_0022
Direct: 905-302-8676
Tired of working for someone else?
Want to be your own boss? Run a profitable Manufacturing Business, producing Natural/ Organic Hair and Skin Care Products.
for sale
$349,500
11242091_0512
for more information call: Boris Dimovski, sales rep. at 416-854-1418 or rick Korol, Broker of record at 416-236-7711 0512_DJW_0023
Building and Business in Seymour Industrial Park in North Bay. Established Jobber/Multipart custom machining metal fabricator for over 40 years in Northern Ontario. Freestanding bldg 13,000 sq ft on nearly one acre of land with 30 car parking. Serviced by Trans Canada Hwys #11 & #17 and Railway/Airport. Diversified Long term client base consists of mining equipment, forestry and Municipal Clients.
0512_DJW_1_0437
$1,800,000
HomeLife Cholkan Realty Corp., Brokerage* *Independently Owned and Operated, REALTOR |
1-888-507-7711
Suzanne FarkaS
36,000 SF COMMERCIAL/ OFFICE BUILDING FOR SALE
Sales representative
0512_DJW_0428
905-842-7000
11108145_0512
Greater Toronto Area
0512_DJW_1_0438
for sale
for more information call: richard Bernie, CCIM sales representative or rick Korol, Broker of record at 416-236-7711
11248275_0512
Close to Downtown, Subway, TTC. Corner location investment property. Corner store for over 27 years. Bsmnt. apartment with separate entrance. Main floor consist of bachelor apartment and the corner store. Store has potential to expand its operation to Outside of Cafe or change to other uses like Doctors office, Hair Salon. Good traffic multiple Schools close by. Very loyal clientele. Second floor easy to convert to separate unit. Multiple income potential or operate store and live in with additional rental income. A must see. Call for private viewing TODAY Office 905 212 1216 or call Matthew Direct at 905 302 8676.
suzanne@businesses-toronto.com 32 years Business Brokerage experience Sold over 1,000 Businesses
BuSineSSeS for sale
Three storey Commercial/Office building. 96% occupied with AAA Tenant, located at Urban Core Oakville. Land has potential to build up 12 storey. NNN Rental Revenue is almost $615,000 (2 unoccupied is included).
ASKING
11,495,000
$
• Cash & Carry, Sales: $4 Mil., nets: $240,000. Price: $200,000 + inv. $500,000 • Bridal Boutique, Toronto, Sales: $800,000, nets: $300,000, Price: 350,000 + inv. • Manufacturer of displays, nets: $170,000, Price: $475,000 bldg optional. Will exchange for real estate. • Restaurant, Burlington, 55 seats, Mediterranean food, Price: $175,000 • Restaurant, Oakville, 40 seats, Sales: $500,000, nets: $95,000, Price: $195,000 • Fast Food, Mississauga, Franchise, Sale: $8,000/week, Price: $250,000 • Day Spa, Oakville, Price: $115,000
SPaCe for lease
www.165crossave.com
ALI MASHA YEKHI BROKER
11248273_0512
Tel: (416) 879-1500 HOME LIFE VICTORY REALTY INC., BROKERAGE (416) 590-0033
• Mississauga, 600-5000 s.f. medical and office related use. rent: 9.50/sf • Stoney Creek, new plaza, 800-8400 sf. Grocery, Fast Food, Beauty, Cleaners, Prof. Offices, Health Club, Bakery, Pharmacy, Dollar Store, Tanning, Florist, Take out food, rent: $16/sf. • Oakville, Commercial unit (office/warehouse) 2,520 sf rent: $10/sf or sale $460,000
Fo more information see my website at:
www.businesses-toronto.com
WWW.ALIMASHA.COM / INFO@ALIMASHA.COM
Aboutowne Realty Corp., Brokerage
Please say you saw it in The Commercial Investor
COM_0512.indd 45
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Commercial Real Estate & Business Opportunities
Volume 12 Issue 02
inthenews
Reigniting your financial goals
F
or over a decade, Desjardins Financial Security surveys have shown that money is
a key stressor for most Canadians. They know it’s a problem but they’re reluctant or unable to break their bad financial habits. Top
Greater Toronto Area
financial planning experts have
How do you overcome the fear?
called this phenomenon the ostrich
First of all, take ownership for your past financial behaviours and your future financial goals. Be honest with yourself and know that anything is possible with a plan. Next, write down your short- and long-term personal and financial priorities. Your financial goals will support your personal goals, so the two should be aligned. One of the main reasons why we are so stressed out by money is because our personal and financial goals are un-balanced.
syndrome. “The fact is financial ignorance is not bliss,” said Gregory Brown, associate manager with the Desjardins Financial Security Independent Network in Surrey,
Once we have our plan, what’s next?
British Columbia.
Now you have to have the talk. It’s important to make time for regular financial discussions with your partner and some key family members. It’s also a good idea to work with a financial advisor who can facilitate the conversation and provide professional and unbiased objectivity. They’ll also have access to other professionals who can step in with solutions, like tax and estate planning. Next, set up regular financial meetings—say once a month or once a quarter—to review your financial priorities and goals to ensure that you remain focussed.
Why do you think people avoid financial planning? Many Canadians believe that our social safety nets, namely the Canada Pension Plan and Medicare, will be able to support them during retirement. But these safety nets will become depleted as the number of retirees continues to increase over the next 20 years. We all hear this warning and we’re told that it’s our responsibility to save for retirement. The problem is that most people are unable to picture what retirement looks like. If you can’t picture it, how can you prepare for it? So, you just don’t and avoid it all together.
What would you say to someone who is convinced that it’s too late to fix their financial situation? Honestly, it’s never too late to make financial adjustments even if they appear out of control. You can dream big and make it happen. It just means that you have to get organized, ask for help and start making informed choices. You’ll find that the sooner you can get your finances in order, the NC sooner you’ll be able to achieve your dreams.
For more financial advice visit Desjardins Financial Security online at www.desjardinslifeinsurance.com
Please say you saw it in The Commercial Investor
COM_0512.indd 46
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Volume 12 Issue 02
47
Commercial Real Estate & Business Opportunities 10527900_0512
Full-Time Sales Representative
(905) 619-9500 TOR. LINE: 416-798-7278 email: morrisonb@sutton.com
GROUP
®
HERITAGE REALTY INC. BROKERAGE
Platinum award winner
SELLING REAL ESTATE FOR OVER 23 YEARS
VAUGHAN
Have a money maker, “cash cow” in the making. Zoned and site planned approved for driving range, mini golf, 2400 sq. ft. Restaurant and a gorgeous open concept 3500 sq. ft. bungalow. All on 41 acres. On busy road next to future Hwy 407 ramp. Asking $2,900,000.
Attention investors & developers! Rare opportunity to own 1/3 undivided shares of 19.58 acres on a high traffic corner at Hwy 27 & Langstaff Road for $5,900,000. It’s possible to sell the whole parcel. Call for details. 0512_DJW_1_0432
TORONTO
Attention investors or developers. Over 1/2 acre on high traffic location auto sales & repair. Gross income of $84,000 annually tenants can stay. ASKING $998,000
0512_DJW_1_0433
0512_DJW_2_0434
TORONTO
TORONTO
Investment free standing building on the Danforth 2 stores plus 7 apartments over $100,000 net annual income. Asking $1,798,000.
20 unit bulding. Excellent investment opportunity. Well maintained building. TTC at the door. Asking $1,750,000.
0512_DJW_0454
0512_DJW_0455
TORONTO
Income property. 6 units fully rented. $6000 monthly income. Mount Pleasant & Eglinton area. Asking $1,288,800.
Greater Toronto Area
TORONTO
Rare investment opportunity 75 units in the Beaches of Toronto. Immaculate condition. Owner retiring. Approx income $765,0733. ASKING $13,000,000
“WANTED!!”
Plazas & apartment buildings. Free market evaluation. Let me sell yours today... Call Bill (905) 619-9500
0512_DJW_0456
I URGENTLY NEED MORE PROPERTY TO SELL IN ALL AREAS, BUYERS ARE WAITING, CALL BILL MORRISON TO SELL YOURS! FREE CONSULTATION Please say you saw it in The Commercial Investor
COM_0512.indd 47
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Volume 12 Issue 02
Commercial Real Estate & Business Opportunities
Givalas Real Estate
Nick Givalas Broker of Record
ltd.
Brokerage
(905) 479-4436
email: ngivalas@trebnet.com
8305406_0512
IDEAL FOR OWNER/USER OR INVESTOR 0512_DJW_0021
Freestanding building for sale on Highway 35 as you are coming into Lindsay on the East side. Former restaurant. Main level approx. 7400 sq. ft. Upper floor has two apartments 1-3 bdrm and 1-2 bdrm for tenant use or sublet to offset expenses. Building is in good shape. Ample paved parking. On 5.5 acres of land. Highway Commercial zoning permits. Many uses for opening a business.
11242220_0512
Greater Toronto Area
For Sale at $839,000. Also for Lease at $5,500/month Net Net.
g oto n i New CoNdos t ph lisoroN. HamiltoN, w f ne ew n a block of 5 units available! o to for an investor who may enjoy (majority control). Available in a 11 unit condominium. This MODERN building is beautifully converted and awaiting finishes. It is centrally located in an emerging area. The units are large, attractive and light filled. Financials available. Attractive financing terms. Asking $119-212K per unit. Management in place. Good solid investment.
24 Units in Grand Valley!
Block of 12 Condos available!
Investment opportunity: 24 units in developing Grand Valley ON., this solid investment is centrally located close to Orangeville and all amenities.Owner has spent approx. 270K in upgrades, new roofs, windows, many new kitchens and baths. Tenants pay own utilities. Each building separately deeded and equipped with pay-laundry facilities. Financial available. Gross income $224,328. Asking $2,200,000 won’t last long.
Located in Brantford ON. A block of units available for an investor who may enjoy (majority control). 1-12 condos available in a 23 unit condominium. This building was beautifully converted less than five years ago and is centrally located on a prestigious street. The units are large, attractive and light filled. Financials available. Attractive financing terms. Management in place. Good solid investment. Please see Website: 54dufferin.com for more nifo.
Please say you saw it in The Commercial Investor
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Volume 12 Issue 02
49
Commercial Real Estate & Business Opportunities
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Reserve your space today! 416-784-5060.
We have experience in the purchase & sale of: • Commercial real estate • Investment real estate • Creation of Condominium Corporations • Residential real estate
HOEGL Realty Inc., Brokerage Johannes Hoegl, Broker of Record Burlington, Ontario Phone: 905-921-4567 Email: johannes.hoegl@sympatico.ca 11236831_0512
mortgage rates from commercial residential Variable
– – –
Greater Toronto Area
Bilingual Service (English & German) Travel to Germany, onsite presence & negotiations Project quotes or consultation on an hourly basis available
starts from prime + 1% 4 yr fixed 2.89% Prime minus 0.20%
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contact:
Om Lasi Lisence #M08008793
phone 416.564.LOAN (5626) email omlasi@gmail.com
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• construction • land • hotels • banquet halls and investments
11242427_0112
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Volume 12 Issue 02
Commercial Real Estate & Business Opportunities
Commercial, Real Estate & Business Opportunities
Bill Bradley Sales Representative
905-337-7001 | 416-258-6866
0512_DJW_2_0077
BradleyB@RealtyExecutives.com
0512_DJW_3_0066
First Ltd., Brokerage, Oakville, Ontario OFFICE: 905-337-7001
Greater Toronto Area
Garage and service station, variety store, 2 apartments, Super Lotto and 6/49 sales can be purchased with a lovely brick 2 storey home for $799,800 or by itself for:
Lovely 2 storey brick home in move-in condition with an apartment at the back of the house situated on a large 64’ x 142’ lot. Recently completely renovated. Not to be sold alone. Only with the next door garage.
$799,800 0512_DJW_2_0441
0512_DJW_2_0440
Call Bill! $499,900
Here is a beautiful Mobile Home 48 Acre Park. There are 48 rented lots on the property with room for 50 more lots. Each Renter pay a monthly rent to the Property Owner and they are responsible for their own hydro, heat, taxes and maintenance. The Park has a $100,000.00 Water System and also a large Septic System. You must see.
Call Bill!
Only $999,999
Very busy gas & diesel station on Main St. in Cobden Ontario. Has a large Variety Store along with Super Lotto & 6/49 Lotto Sales. The property is on # 17 Hwy West of Ottawa and is 125’ x 100’ in size. Only 3 yrs old and very profitable. It is ideal for a young couple or retired couple to operate.
Call Bill Bradley
Only $349,900 9741260_0512
Please say you saw it in The Commercial Investor
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Volume 12 Issue 02
51
Commercial Real Estate & Business Opportunities
Where House Dream Becomes Dream House
Dave Bhatia Broker of Record
Direct: 647-294-2840
bhatiadave@yahoo.ca
289-837-3539 0512_DJW_0032
0512_DJW_0033
Pharmacy with Canada Post for sale in Toronto.
Running bakery for sale near Steeles and Weston in Vaughan. New established 2 years. All new machines. Large super stores contracts.
Convenience store for sale in Toronto near Eglinton and Dufferin. Selling general daily use items: electrical, jackets, cigarettes, crokery etc... Very low rent, profit over $100K!
299,900 hair salon & spa, Vaughan $160,000
$
Excellent opportunity to own a well established high profile Lick’s Home Burger and Ice Cream Franchise operation in heart of Etobicoke (Toronto). Owner has to relocate due to family situation. Loyal customer base enjoying high quality food on regular basis, family sitting, served by professionally trained staff by franchisor. 60 person sitting capacity inside. Long lease & highly profitable.
Hair salon and spa for sale, excellent location **Location *Location. High traffic with 58 other stores in busy mall. Plenty of parking, fully upgraded and beautifully furnished hair salon. Manager operated. Owner is out of country. 5 stations, independent full washroom with shower, two make-up rooms, two spa mani/pedi stations. Second floor with office, washer/dryer. Tanning station.
0512_DJW_0035
0512_DJW_0034
lick’s burger
For sale
with stock
Contact Dave Bhatia, Broker of Record for more info. 647-294-2840
Join Halton real estate Team Full Guidance will be provided call or email for personal discussion.
www.FutureDreamHouse.com
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8297113_0512
For ~ purchasers ~ vendors ~ realtors and lenders
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11248700_0512
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905.825.2943 871 Equestrian Court, Oakville
~ Servicing All of Southern Ontario ~ Please say you saw it in The Commercial Investor
COM_0512.indd 51
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Commercial Real Estate & Business Opportunities 6850 Millcreek Drive Mississauga, ON L5N 4J9 Fax: 905-858-2682 Email: gssandhu@rogers.com www.gurdeepsandhu.com
Realty Specialists Inc. Brokerage An Independent Member Brokerage 8629802_0512
Volume 12 Issue 02
Gurdeep Sandhu
647-262-9091 Office: 905-858-3434 Direct:
Sales Representative
POWER OF SALE WAINFLEET ASKING $95,000 1.15 Acre power of sale Property at corner of Victoria Ave 24 and River Road. C-2 Commercial Zoning with many permissible uses. Property sold AS IS, WHERE IS basis.
0512_DJW_0040
GAS STATION WAINFLEET $469,000
Esso Gas Station with Coffee Time Drive Through on a busy Hwy 8 between Stratford and Cambridge. 2 acre land area. Self Serve Gas Station with large canopy separate diesel island. Asking $2,500,000. 0512_DJW_1_0004
Self Serve Gas Station with diesel propane, and Convenience Store with Lotto 649, 3 bedroom house. On corner of Highway 27 and Hwy 24 Victoria Ave.
A VERY BUSY FULL SERVICE GAS STATION $189,000
ULTRAMAR GAS STATION FOR SALE $199,000
With Hasty Market in a corner plaza. Gas volume over 2 mln ltr and store sales approx. 350K. Extra income from A.T.M., dry cleaning, Western Union, public mobile and car detailing services under one roof. Good long lease with two more options of 5 yr each. Low monthly rent. 0512_DJW_1_0439
Self Serve Ultramar Gas Station with convenience store. On a busy Downtown location. Fibre glass tanks, newer pumps. Approx. 3.5MI/ Ltr gas sale and approx 400-500 a day store sale. Good propane sale great potential to increase sales. Excellent location, good long lease available for new buyers. 0512_DJW_0037
MISSISSAUGA DERRY/10 LINE
DUNDAS/JANE PLAZA ASKING $3000
Very well running Pakistani/Indian Takeout/Restaurant at a very prime location. Rights to sell Indian, Pakistani, Chinese or any other food except Pizza. Low monthly rent $2949 (Tmi and Water included). Mainly take out business. Asking $169,000. 20-25 seating capacity available, monthly sales 30K + and increasing. 0512_DJW_1_0055
Approx 1400 sq ft retail space adjoining subway franchise in a busy plaza w/ample parking busy Dundas St location, various uses permisible like computer repair, Fitness Centre, Professional offices.
0512_DJW_3_0006
L U AS N T IT
Greater Toronto Area
ESSO GAS STATION IN CAMBRIDGE AREA
0512_DJW_3_0005
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Volume 12 Issue 02
53
Commercial Real Estate & Business Opportunities
9386785_0512
1445 Elgin strEEt - burlington ATTENTION INVESTORS/DEVELOPERS
2 STOREY BUILDING PLUS LOWER LEVEL. EQUIPPED FOR A RESTAURANT & BAR. GREAT & GROWING AREA. MINUTES FROM BURLINGTON WATERFRONT. 4,500 SQ.FT ON 2 LEVELS PLUS 1,500 SQ.FT LOWER LEVEL. FULL MARKETING PACKAGE AVAILABLE FROM LISTING BROKER. ALL OFFERS ARE TO BE SUBMITED BY 5:00PM FEBRUARY 13, 2012. APPRAISED VALUE $1.9 MILLION JULY 2011
Asking Price: $1.00 28,315 sq.ft. brick building. 2 truck level doors, 1 drive-in 53' trailer access. 5,000 sq.ft. 2nd fl. showroom or offices. Main floor reception and offices. 1.33 acre land. Asking Price: $2,350,000
WASAGA BeACH 2 MoTeL pRopeRTIeS
14 & 22 units cottages/Motel Established business with steady income. Seasonal business from May to September. Lots of potential to increase sales. Seller will assist in financing up to 60% O.A.C. Asking: $899,000 & $1,399,000
GAS STATIoN WeST oF GTA
INveSTMeNT pRopeRTIeS 1.Tim Horton’s anchored Plaza. NOI: $125,000. 7% Cap Rate. 2. GTA: Mixed use Plaza. NOI: $112,000. 7.5% Cap Rate 3. Medical Building. Noi: $156,000. 8.5% Cap Rate. 4. Small Retail Plaza. NOI: $47,000. 8.5% Cap Rate.
Gas volume: 7 Million Liters, c-store: $1.0 Million, Lotto: $8,500. Excellent location with no immediate competition.
ASKING PRICE $1.7 MILLION
5. AAA tenant. Mixed retail. Noi: $77,000. 7.5% Cap Rate. 6. Mixed Use Plaza. Noi: $263,000. 7.75% Cap Rate. 7.GTA. Retail Plaza. NOI: $535,000. 5.50% Cap Rate 8. GTA. Retail Plaza. NOI: $385,000. 5.50% Cap Rate.
pRINCIpALS oNLY
LAND FoR SALe
1) BURLINGTON - Site Plan Approved. Retail/ Office. 1.1 Acre $1,200,000 2) BRAMPTON - 49.5 acres industrial land. $299,000/ACRE 3) MISSISSAUGA - 2/3 acre, zoning allows hotel, industrial, office. ASKING PRICE $799,000
ReNovATeD BISTRo DeLI High sale volume store. Rent: $7,400 Inc. TMI & HST. Short hours, Excellent location in very busy part of Uxbridge. Lots of potential to increase sales by adding wholesale and cross promotions. Take advantage of low sale price! Long Lease, 10 year franchise agreement. ASKING pRICe: $249,000.
oFFICe BUILDING FoR SALe
Village Centre, Hwy 10/Hwy 403 6,000 sq. ft. on 3 floors. Quality improvements including with built out offices, boardrooms, meeting rooms, washrooms and kitchenette. Priced for quick sale. Asking Price: $1,175,000
NeW
ToWN oF DURHAM
Gas Volume: 3+ Million L, Store: $400,000/year, Rental income: $32,000/year from pizza & Subway.
Asking price: $1,100,000
3 oR 4 pLex FoR SALe
Weston Rd. & Somerville Completely renovated 3 storey building for sale with potential income as a 4 plex. Annual income approx. $60,000 possible. List of tenants available. Asking Price: $699,000
Greater Toronto Area
INDUSTRIAL BUILDING 44 Milvan Drive – Toronto
LCBo ANCHoReD pLAzA West of GTA Easy to Manage, AAA tenants. Long Leases. Excellent Opportunity.
6.5% CAp
2811 WeSToN RoAD FREESTANDING BUILDING WITH GREAT EXPOSURE. JUST UNDER 2,500 SF. GREAT FOR DOCTORS, PHARMACY, RESTAURANTS, CHURCH, BANK, DAY CARE, WALK-IN CLINIC AND OFFICES!
ASKING pRICe: $899,000 oR LeASe: $25/SQ. FT.
CoNDo/ApARTMeNT BUILDING WooDSToCK
ATTeNTIoN DeveLopeRS: 88,000 sq.ft 3 story brick building on approx. 2.5 acre land. Property is Re-Zoned for Residential and approved for 75 Units. USeS: Condos, Apartments, office, warehouse, or run business AS IS. Huge Upside potential. NeW ReDUCeD ASKING pRICe: $1,200,000.
Please say you saw it in The Commercial Investor
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Volume 12 Issue 02
Commercial Real Estate & Business Opportunities
LEONARDO HARA
8148048_0512
SmART ChoICE
SALES REPRESENTATIVE
Office: 416.743.2285 • Direct: 647.668.4272 Email: leohara@rogers.com www.leonhara.com PLAZAS:
REALTy SoLuTIoNS BRokERAgE
PROJECTS/DEVELOPMENT, LAND
– – – – – – – – – – – – – – – – –
Toronto - $17.9 mil - Retail/Development opportunity with McDonalds as an anchor Toronto - 7.9 mil - 7.5% cap rate - no anchor. AAA Tentant in Windsor - 7 mil - 7.5% cap rate. Stouffville new plaza – 6 mil – 6.5% CR SDM - 400 km west - 5.8 mil - 8% cap rate. Toronto - 5.5 mil - 6% CR newer plaza with A tenants. Peterborough plaza - 4.9 mil. close to 9.5% cap rate. Texas plaza - AA tenants - 4.85 mil - 10% cap rate. Fergus - 4.5 mil 9% cap rate. Toronto - Yonge St. - 4.2 mil - 6% cap rate 220 km West - Staples Plaza 2.65 mil - long lease - 7.2%CR Midland - Nice Plaza - 1.3 mil - 8% cap rate North Bay - Building with Royal Bank and LCBO - 1.15 mil - 8% cap rate North Ontario - New Bargain Shop at 10% cap rate - 1.1 mil Fields Stores in smaller Ontario communities up to 1 mil. price - 13% CAP RATE. 280 km West - 7 very good tenant plaza - 989k - 9.5% CR 280 km West - 5 unit plaza - 440 K - 10% CR
– – – –
LEASE Scarborough - 100,000 sf at industrial building - Excellent opportunity. Great location Toronto - divisible 16,500 sf of office space - Great location - 1750 sf - retail Toronto in (plaza) - 6000 sf divisible - Retail Industrial/Office Flex Divisible Space at HWY 427/QEW 36,000; 19,000; 7250; 8000; and 7700 sf.
– Markham - 20 acres zoned commercial/residential - 20 mil. – Orangeville 53 acres - - Business Park - 4 mil. – Orangeville 60 acres Estate Residential - 990K. – Orangeville 17 acres - Employment Area - 990K – Ancaster - 6 acres residential/commercial - possible JV – Whitby - 10 acres residential/commercial - possible JV APARTMENT BUILDINGS/MOTEL/HOTELS – – – –
GTA Holiday Inn - 11 mil - 85 rooms Milton Hotel - on 40 acres - 4.5 mil Sales - 1.3 mil net 104 apartments - 4.5 mil - 250 KM West of Toronto Barrie - Hotel -3 mil - 10% Cap Rate
– – – – – – –
Portfolio of AAA single tenants in Ontario 6-16 mil - 6-6.5% cap rate Oakville Office/Retail building - 11.5 mil - 33,000 sf Woodstock - 2.35 mil - 10 acres - 25000 s.f industrial building - 10% CR Bank - Windsor - 2.45 mil - 15 year lease Office Building - Windsor - 1.285 mil - 11% cap rate Retirement Home - 13% CR - 1.1. mil - Niagara Falls LCBO - Windsor - 630K - Vendor Financing
FEATURED LISTINGS
Greater Toronto Area
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Office:
4310 Sherwoodtowne Blvd. Mississauga, ON
w w w. s u k h j e e t s e k h o n . c o m
5160 Explorer Dr. - Mississauga
ASKING
$6,850,000 5.84 Acres. E2 Zoning
Located in the Airport Corporate Centre, close to major highways. Ground floor condo Commercial suite with parking outside your door. Perfect for professional users. 1753 sq. feet. ASKING
$324,900 5011_DJW_0056
Office space for lease
5011_DJW_1_0031
5011_DJW_1_0030
5011_DJW_1_0029
3390 Wolfedale - Mississauga
5011_DJW_1_0032
11239812_0512
S ukhje e t S ekhon
Well established Industrial Area in Central West Miss. Area occupied by automotive, some manufacturers & service related companies, great opportunity for developers for redevelopment for commercial purposes to serve the local community. E-2 zoning allows outside storage. Close to public transit. 4 freestanding bldgs, totalling 24,900 sq feet on 5.84 acres of fenced outside storage land. Great exposure onto heavily travelled Wolfdale Rd. Ideal for the user investor that would occupy one bldg and rent remaining. Well maintained property in the Heart of Miss. Located in close proximity to major highway, public transit & local amenities. Call Sukhjeet Sekhon 416-562-5074. 5011_DJW_1_0076
Close to Brampton Hospital, great exposure for medical & related field professionals.
Please say you saw it in The Commercial Investor
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Volume 12 Issue 02
55
Commercial Real Estate & Business Opportunities
**** ATTENTION INVESTORS **** 200% Return on Your Investment
guaRanteed
foR moRe InfoRmatIon call 1-800-718-2041, and pRess the Id# 4990, 24 houRs Join us for our Investor Workshop where we show you how to make 200% return on your investment in 1 hour. Go to www.realestateinvestmentstoronto.com Call Daniel Passante’s 24-Hour Real Estate Hotline for instant information about any property, business or investment simply by dialing 1-800-718-2041 and entering the ID# listed under each property listing for a free no-obligation recorded message anytime, day or night. If you would like to speak to Daniel Passante directly, please call 416-798-7800, ext. 101. Financing Available LEASE OPPORTUNITY $15.00 S.F.
RETAIL OFFICE OPPORTUNITY FROM $1,000/MO UP TO 4,500 SF.
CUSTOM BUILT hOMES OR DEVELOPMENT LOTS FROM - $225,000 1 ACRE + RAVINE LOTS
Any units available. Ranging from 1,000 to 10,000 sq ft. Easy acces to major highways. Unique industrial space, lots of parking, private 0112_MARCP_1_0095 offices, lots of windows and much more! FREE RECORDED MESSAGE 1-800-718-2041 ID#3299 www.OntarioInvestmentRealEstate.com
Free standing street front office. Appointed offices, board room, reception, 6 offices. Granite tile & plank hardwood floor, high ceilings & 0112_DJW_1_0447 windows. Full basement. FREE RECORDED MESSAGE 1-800-718-2041 ID#3273. www.OntarioInvestmentRealEstate.com
Up to 4,500 sq. ft. 1st floor retail use and 3rd floor office. 2 main street frontages excellent exposure, many uses. 1000 sq. ft. on 3rd floor. FREE RECORDED MESSAGE 1-800-718-2041 ID #3282 www.OntarioInvestmentRealEstate.com
East end lots available for 1-9 custom built homes. Buy one lot or all 9. Permit ready for custom built homes. Build up to 10,000 s.f. home. Great for developers or builders! 0112_MARCP_1_0021 FREE RECORDED MESSAGE 1-800-718-2041 ID#3290 www.OntarioInvestmentRealEstate.com
STORE W/ APT/OFFICE $559,900
STORE W/ APT/OFF $729,000
OFFICE BUILDING OR REDEVELOPMENT $795,000
5-PLEX $819,000
Well managed 6-Plex with over $69,000 of gross income. Great long term tenants, including Regional Police. 1/2 hour from 7 and 401. 0112_DJW_1_0448 8.5% cap. FREE RECORDED MESSAGE 1-800-718-2041 ID#3291 www.OntarioInvestmentRealEstate.com
Great income property in growing Community. Just North of Toronto. 7 units $92,688. Gross, $28,032. Expenses. 8.9% Cap. Term tenants. 0112_DJW_1_0450 Lots of recent upgrades and renovations. FREE RECORDED MESSAGE 1-800-718-2041 ID#3289 www.OntarioInvestmentRealEstate.com
Opportunity for re-development into condos, 7 stories and or commercial building, 1.5 acres lot. 37,000 sq. ft. downtown. Plenty of parking! 0112_DJW_1_0451 FREE RECORDED MESSAGE 1-800-718-2041 ID#3295 www.OntarioInvestmentRealEstate.com
Legal 5-Plex. Retrofitted, 5 2-br and 1 1- br apartments. Brick building. TTC at door step. Near to major highways and amenities. 0112_DJW_1_0452 FREE RECORDED MESSAGE 1-800-718-2041 ID#3280. www.OntarioInvestmentRealEstate.com
5-PLEX $825,000
GAS STATION/BUSINESS $899,900
MULTIPLEX $1,150,000
STORE W/APT/OFF $1,190,000
Legal 5-Plex prof. designed. Like new & well maintained! Great Invest0112_DJW_1_0453 ment and very low future expenditures. FREE RECORDED MESSAGE 1-800-718-2041 ID#3274. www.OntarioInvestmentRealEstate.com
Gas station plus convenience store, 1 brm apartment in main floor and 1 brm apartment in second floor. Cross lease rental income for gas 0112_DJW_0408 provider. Retire now and make a good income! FREE RECORDED MESSAGE 1-800-718-2041 ID#3267 www.OntarioInvestmentRealEstate.com
5 one - bdrm, 5 two- bdrm and 2 bach. Apartments. 4 garages and 4 park0112_DJW_1_0458 ing spaces. Family run building. Well maintained! FREE RECORDED MESSAGE 1-800-718-2041 ID#3285 www.OntarioInvestmentRealEstate.com
Income producing. Sale of building and business together. 6 apartments and independent Hasty Mart. Gross income approx. $200,000/yr. 0112_DJW_0409 FREE RECORDED MESSAGE 1-800-718-2041 ID#3265 www.OntarioInvestmentRealEstate.com
GAS STATION, BUSINESS $1,275,000
GAS STATION, BUSINESS AND BUILDING $1,399,000
APARTMENTS - 24 UNITS $2,299,000
STORE & 8 APARTMENTS $2,400,000
Esso Self Service Gas station on busy highway with Country Style drive through and restaurant. Less than one hour drive for GTA. 0112_DJW_4_0454 FREE RECORDED MESSAGE 1-800-718-2041 ID#3281 www.OntarioInvestmentRealEstate.com
Great opportunity for owner/operator to own Gas Station & Variety Store on busy road North of Toronto. Building, Grounds, Business, Gas Station & Equipment, Variety Store. One 4- bdr. large apartment upstairs. 0112_DJW_1_0455 FREE RECORDED MESSAGE 1-800-718-2041 ID#3279 www.OntarioInvestmentRealEstate.com
Spectacular 24 units. Close to New Smart Centre Developments. 1 bach, 13 0ne- bdrm, 9 2-bdrm and 1 3-bdrm. Great curb side appeal. Well managed and 0512_DJW_3_0457 headache free. FREE RECORDED MESSAGE 1-800-718-2041 ID#3288 www.OntarioInvestmentRealEstate.com
Prime location. Walk to Subway Station. 10,000 sqft building. 8 1 bachelor apartments. 2 commercial main floor units.
0112_MARCP_1_1252
Greater Toronto Area
BUY FROM $99,000 OR LEASE FROM $3.00/S.F.
0512_DJW_2_0410
FREE RECORDED MESSAGE 1-800-718-2041 ID#3471 www.OntarioInvestmentRealEstate.com
ONLINE SERVICES
FRANChISE OPPORTUNITIES
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Free Recorded Message 1-800-718-2041
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www.danielpassante.com
Royal Windsor Realty Inc. Brokerage *some conditions apply 9873038_0512
416-798-7800 toll free 1-888-794-4663
email: info@hotpropertyreports.com or info@c21rw.com
daniel passante Broker of Record
#1 Century 21 Agent in Canada Please say you saw it in The Commercial Investor
COM_0512.indd 55
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Volume 12 Issue 02
Commercial Real Estate & Business Opportunities
For All Your Real Estate Needs Call one of our proven professionals today at
10929735_0512
Ronan Realty Brokerage
1.877.435.4336 Alliston 1.705.725.8255 Barrie 1.905.859.4477 Nobleton 1.888.943.0860 Orangeville 1.888.936.4216 Tottenham 1.705.422.2350 Wasaga Beach www.ronanrealty.com
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93 ACRE Future development parcel abutting residential development in New Lowell. Approximately 88 acres workable land. Located inside the develoment boundary expansion area. Large GTA Developer in same area. $1,700,000 Marc Ronan *** 1-888-936-4216. 0512_DJW_1_0409
HIGH PROFILE CORNER COMMERCIAL LOT Approx 3.2 acres in Angus comprised of 7 lots with 424’ frontage on high traffic main street. Commercial zoning allowing for many uses including but not limited to retail stores, service shops, auto sales & services, business or professional offices. 2 Rd frontages! $1,950,000 Marc Ronan***/Gladys Craine**** 1-8880512_DJW_1_0418 936-4216.
1036 ACRES AVAILABLE Agricultural Land suited to Cash Crops & Potatoes. Total acreage comprised of 6 properities, separately deeded. Near Orangeville. $8,000,000. Marc Ronan ***1-888-936-4216 0512_DJW_0452
Greater Toronto Area
50+ ACRES Abutting draft plan approved land owned by major developers near Beeton. Fantastic views, workable land and raised bungalow with 3+2 bedrooms currently setup for the in-laws with separate entrance. Forced air gas heating. Property located in central New Tecumseth just south of Beeton. $1,250,000 Marc Ronan*** 1-888-936-4216. 0512_DJW_1_0443
APPROX 30,000 SQ FT OF MFG/RETAIL BUILDINGS With self storage using 8000-10,000 sqft which can be easily expanded or reduced. Storage business alone covers all monthly exp++++ & requires 5 hrs weekly effort. Single & 3 phase hydro. Appro 3.5 acres of gravel yard for outdoor storage, parking etc. Less than 10 mins to Honda mfg & 45 mins North of Toronto on busy rd. Highly visible location boasting great road appeal. $2,495,000. Marc 0512_DJW_1_0446 Ronan***/Jeff Hummel* 1-877-435-4336.
PREMIUM MAIN STREET CORNER LOT FOR SALE IN ALLISTON UCC zoning, across from new Shoppers Drug Mart and Giant Tiger. Will build to suit. Contact Scott Mortimer for more details and drawings for serious buyers. www.TheMortimerTeam.com $659,000 Scott Mortimer* 1-877-435-4336 0512_DJW_0453
Rock Solid in Real Estate.
TM
* Sales Representative ** Broker *** Sales Representative/Owner **** Broker of Record
Š2011 Prudential Financial, Inc. and its related entities. An independently owned and operated broker member of Prudential Real Estate Affiliates, Inc., a Prudential Financial company. Prudential, the Prudential logo and the Rock symbol are trademarks of The Prudential Insurance Company of America, registered in many jurisdictions worldwide. Used under license. Not intended to solicit clients under contract or contravene the privacy act.
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COM_0512.indd 56
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Volume 12 Issue 02
57
Commercial Real Estate & Business Opportunities
KAMAL CHOHAN
Broker
Dir: 416-871-6491 kchohan@ontariocommercial.ca
AITZAZ AHMAD
HARISH ARORA
Dir: 647-401-7440 plazas02@gmail.com
Dir: 647-203-4444 haarora@gmail.com
Broker
Broker
HOMELIFE MAPLE LEAF REALTY LTD. Brokerage • 263 Queen St. E. Suite 20, Brampton, ON L6W 4K6 Office: 905-456-9090 • Fax: 905-456-9091 8133739_0512 PLEASE CALL US FOR OTHER NON-ADVERTISED BUSINESSES & INVESTMENT OPPORTUNITIES
“BLUE DIAMOND” SHOPPING CENTRE The ‘Jewel’ of real estate investments is about to arrive. Strategic location in the heart of Brampton. Commercial condos ideal for retail, medical, restaurant and office uses. Unique concept and design. Own your unit among National Retailers.
From: $185,000 Greater Toronto Area
Call today to register at Pre-construction prices FOR SALE (TO BE CUSTOM BUILT) BANQUET HALL & GROCERY STORE IN BRAMPTON Gas Stations for Sale 1) High volume 7M ltrs, diesel, store sale $1.2m (store over
5,000 sq.ft.), Country Style sale $150k, Sub Franchise sale $350k, extra rental income, Net over $750k. Asking $4.9M. 2) Just half an hour from GTA, Corner location, high volume fuel and store sales, NOI $370K. Asking $2.35M
Gas Stations for Sale 1) NEW Corner location on a highway approx. 1 Hr from GTA. 3.5M Ltr
fuel volume with convenience store plus rental income from ‘Subway’. Business & property for only $700K. 2) NEW Independent gas station with brand new DW Fibre glass tanks and 6 bay coin car wash. Asking $1.4M 3) NEW Development land approved for ‘Esso’ On The Run approx. 90 minutes from GTA. Approx. 0.62 Acres on major highway. Asking $350K. 4) NEW Development land with 11 bay coin car wash and leased ‘Tunnel Car Wash’. 2 Acres of prime commercial land with possible development of gas station or prestige Retail Commercial. Asking $2.19M.
Gas Stations for Sale
1) Brand new Shell gas station with convenience store and full
propane. Corner lot and 90 minutes from GTA. Fuel volume projections of over 8M ltrs. Asking $2.89M 2) Newly renovated Shell gas station with huge convenience store and rented garage just 30 minutes from GTA. Corner location in the heart of the city. Very busy convenience store of 2000 sq. ft. doing over 15K per week plus 649 Lotto. Great family business. Asking $2.49M.
RETAIL PLAZAS 1) NEW Single tenant retail building. AAA National tenant. 1 Hr. from GTA. Asking $2M. 2) NEW Retail plaza in GTA with various National and medical tenants. 10 units, fully leased. NOI of $540K. Asking $8.5M 3) Retail plaza in Windsor with 14 units and approx. 12K sq. ft. Existing cap rate of 7.7% plus potential to improve NOI. Asking $2.3M 4) Single Tenant investment property for sale leased to a ‘AAA’ National Tenant. NNN Lease and carefree investment. Asking $2.5M 5) Office building fully leased to provincial government. Same tenant for last 20 years. Excellent location. 3 Hrs from GTA. Asking @7% CAP rate $4.1M 6) Great Investment opportunity. Property leased to ‘Boston Pizza’ on land lease for 20 years. One of the safest real estate investments. Please call for confidential meeting. Asking $1.4M 7) Excellent plaza in GTA, 25,000 sq. ft. leasable area, brand new 10 year leases with escalations, 4 tenants, very high growth area, 6.3% cap rate, Asking $6.9M 8) Retail plaza 1 hr from GTA anchored by Tim Hortons and Wendy’s. Corner location with 3.5 acres of land. Potential to add another pad. Asking $5.3M 9) Commercial plaza less than 10 years ‘AAA’ tenants Shoppers, Bank, Sub Franchise etc., Very high growth area, Asking $15.75M. 10) Single tenant (Bank) retail property on a long term NNN lease. 3 Hrs from GTA. Asking $3.69M 11) Retail Plaza just half an hour west of GTA, 5600 sq. ft of leasable space, 3 tenants. Asking $1.5M
www.ontariocommercial.ca
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Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
central ontario COverINg: Barrie • Collingwood • Muskoka • North Bay • Kawartha Lakes Midland • Meaford • Paisley • Parry Sound • Orillia Owen Sound • Sudbury • Walkerton For advertising information contact Doreen Wills Tel: 1-800-268-0077 • 905-570-9283 doreen.wills@wall2wallmedia.com • thecommercialinvestor@wall2wallmedia.com Notes: ______________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ Please say you saw it in The Commercial Investor
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Commercial Real Estate & Business Opportunities 9857729_0512
1-866-557-1110 705-647-1110
perry-wuest@coldwellbanker.ca
0512_DJW_1_0406
0512_DJW_1_0408
HOBBY FARM 150 acres with large 1960 sq’ 3+2 bedroom bungalow, 2 bath & garage. 2 Hay Fields & balance bush. Unorganized Marter Twp near Englehart. Asking $179,900. MLS 111826. Call Bill.
WATERFRONT Almost 1 mile shoreline with 141 acres on beautiful long lake. Miles of excellent boating & fishing with great hunting as well. Well treed with lofty pines etc. Year round road, organized township, excellent potential to develop. Robillard Twp. Asking $349,900. MLS 111367. Call Bill. 0512_DJW_3_0416
0512_DJW_3_0414
FORMER SCHOOL Currently used as a Single Family Home on 3.5 acres backing on to Mill Creek. Approximately 11,000 sq ft. on both levels gives lots of potential for MultiFamily Residential or other possible uses. Asking only $74,900. North Cobalt. MLS 112605. Call Bill.
NO COMPARIBLES FOUND Incredible property encompasses a near 5 acre point on Anima Nipissing Lake in the Temagami Forest. Offered at two million dollars. MLS 111834. Please call Perry for more details.
0512_DJW_2_0413
0512_DJW_1_0029
WATERFRONT MISEMA RIVER 366 Acres of Wilderness with tons of waterfront, surrounded by miles of crown land. Great fishing, hunting, & adventure. Water access. Near Larder Lake. Asking $183,000. MLS 112570. Call Bill.
LARGE BUILDING Updated & added onto in 1985, 3,600 sq’ plus garden centre 2,160 sq’ & storage building 1,000 sq’. Corner lot downtown Earlton. Many possibilities here. Asking only $79,900. MLS 102746. Call Bill.
COTTAGE Montreal River, miles of Waterfront wilderness adventure. Over 14 acres. 3 bedroom cottage, set up & ready to take over. Water access only. $79,900. MLS 112384. Call Bill.
WELL ESTABLISHED RETAIL Located in the busiest section of the picturesque Town of Haileybury. Solid numbers generated out of a solid building. Asking $249,000. MLS 112207. Please call Perry for more.
Central Ontario
PRIME LOCATION Retail service, fuel, & more at the main corner in town overlooking the Beautiful Montreal River. Lots of potential to use this property for a variety of uses. Busy Mining, Forestry, & Tourist Area. Elk Lake. Asking $249,900. Building & Land Only. MLS 120066. Call Bill.
RIVERFRONT Private property on approx. 4 acres along the river on a dead end road close to town & Highway. 2+1 well kept bungalow with garage & 40’ x 60’ Commercial shop, Englehart. Asking $199,900. MLS 112193. Call Bill.
bill-byers@coldwellbanker.ca
WATERFRONT LOTS Long Lake, 25 miles of excellent boating, fishing & hunting. Approx. 3 acres each with road access. Financing available with low down payment. Unorganized Township near Charlton. $59,900 each. MLS 112047. Call Bill.
0512_DJW_0411
HENWOOD LAKE 26 Acres on a small lake surrounded by wilderness. Small shed, year round paved road with hydro, phone, & driveway. Asking only $29,900. MLS 111800. Call Bill.
Bill Byers, Sales representative Perry Wuest, Sales representative 0512_DJW_1_0012
0512_DJW_1_0405
www.temiskamingrealty.com
0512_DJW_3_0415
brokerage New Liskeard, Northern ontario
0512_DJW_1_0400
temiskaming realty ltd.,
0512_DJW_1_0401
Volume 12 Issue 02
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Commercial Real Estate & Business Opportunities
Volume 12 Issue 02
businesssavvy
Fear factor grips small business
when dealing with taxman
I
ntimidated. Treated like I’ve done something wrong. Those are just some of the ways small business owners describe their experiences with the Canada Revenue Agency (CRA), according to a new report that was released recently by the Canadian Federation of Independent
Business (CFIB). Based on a survey of 10,600 small business owners and tax practitioners (eg. accountants), this report is the fourth in a series that CFIB has produced on the CRA since 2001 and coincides with Canada’s third annual Red Tape Awareness Week which. Asked to grade the CRA’s overall service to small business, the majority of respondents gave the
10102019_0512
Central Ontario
INVEST IN COTTAGE COUNTRY
www.westandcentre.com
Agency a “C” or lower; nearly 40 per cent gave it a D or F. For most, there has been little improvement in service in the last three years. “While CRA has taken steps to improve the way it treats small business owners, those efforts are being drowned out by poor customer service, including audits that some of our members described as witch hunts,” said CFIB’s senior vice president of research and economics, Laura Jones. The CRA does deserve credit for implementing measures in recent years to make the organization more accountable to taxpayers, including the Taxpayer Bill of Rights, Taxpayer Ombudsman and ID numbers for callcentre personnel. But these measures are only useful if users are aware of them. “When you include the lack of public awareness about measures intended to promote taxpayer fairness, CRA still has a long way to go to improve relations with small business taxpayers,” said CFIB’s national affairs vice president Corinne Pohlmann. CFIB has outlined a number of recommendations to help the CRA change its culture and solve its customer service deficit. “By taking steps that improve the training of front-line staff and communicating requirements in plain, easy-to-understand language, the payoff for the CRA will be greater compliance and more confidence in Canada’s tax system, a goal we share,” concluded Pohlmann. To obtain a copy of the CRA report card go to www.cfib. ca/redtape. What does ‘Red Tape’ mean to you? Check out CFIB’s video: http//www.youtube.com/user/cfibdotca
DEVELOPMENT POTENTIAL MU4 zoning. Centre Street corner location in Huntsville. Multiple uses - high traffic area. Use as is or for future development. 2 lots included, one with commercial building and the second is the residential building next door. Live in one and work in the other. 3811_MARCP_1_0052 Excellent development property. $590,000.
Red Tape Awareness Week, conducted annually, is trade-marked by the CFIB. As Canada’s largest association of small- and medium-sized businesses, CFIB is Powered by Entrepreneurs. Established in 1971, CFIB takes direction from more than 108,000 members in every sector nationwide, giving independent business a strong and influential voice at all levels of government and helping to grow the economy.
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Commercial Real Estate & Business Opportunities
61
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
eastern ontario COverINg: Lindsay • Peterborough • Port Hope • Bowmanville • Cobourg • Trenton • Belleville • Kingston • Northeastern Ontario For advertising information contact Doreen Wills Tel: 1-800-268-0077 • 905-570-9283 doreen.wills@wall2wallmedia.com • thecommercialinvestor@wall2wallmedia.com Notes: ______________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ Please say you saw it in The Commercial Investor
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Volume 12 Issue 02
8647658_0512
Commercial Real Estate & Business Opportunities
ProAlliance Realty Brokerage Independently Owned & Operated
BRUCE COOKE BBA, CCIM, SIOR Commercial Sales Representative
Office: 613-966-6060
E-mail: bruce@cookeproperties.com
www.brucecooke.com
MAtthEw COOKE B.COMM MEAghAn COOKE BA, Sales Representative
Sales Representative
Office: 613-966-6060 Direct: 613-243-5146
Office: 613-966-6060 Direct: 613-243-3949
matthew@cookeproperties.com
meaghancooke@hotmail.com
Eastern Ontario
16 UNITS WATERFRONT VIEW
9 APARTMENTS $737,000
Located overlooking parkland & the River, 16 x 2 bdrm apartments. Fully leased. NOI $84,263. Asking $1,200,000. Call Bruce. 0512_DJW_1_0308
5x2 bdrm, 2x1 bdrm units, 2x3 bdrm, balconies, large parking lot. Located near a Public School. Net operating income $54,310. Call Bruce.
5 APARTMENTS $279,000 9.5% CAP RATE
$495,000 INVESTMENT PROPERTY 10.3% CAP RATE
Gross income $39,660, separate hydro meters, Tenants pay hydro, try an offer. Great investment opportunity on corner lot, 4 x 1 bdrm, 1 x 2 bdrm, 0512_DJW_1_0311 lots of parking, close to schools.
2 long term Tenants, Net income $51,012/YR. Great location, Government anchor tenant. Attractive building in the Central Business District, 0512_DJW_1_0315 Call Meaghan.
INDUSTRIAL 56,555 SF BUILDING $1,980,000
$499,900 BRICK 6 PLEX BELLEVILLE
Located 1.5 hrs East of Toronto on 5.7 acre site. Ceiling height 24 ft clear. 7 drive in doors, Hwy #401 exposure, several overhead cranes. Also 0512_DJW_2_0068 available for lease.
Excellent location on a bus route. 5 x 2 bdrms & 1 x 1 bdrm. Very spacious units with separate meters. On site laundry, tenants pay heat & hydro. Net 0512_DJW_2_0058 operating income $39,778, paved parking lot.
0512_DJW_1_0309
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Volume 12 Issue 02
Commercial Real Estate & Business Opportunities
63
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
niagara COverINg: Niagara Falls • Niagara-on-the-Lake • St. Catharines • Thorold • Welland • Fort Erie • Beamsville • Fonthill • Port Colborne For advertising information contact Doreen Wills Tel: 1-800-268-0077 • 905-570-9283 doreen.wills@wall2wallmedia.com • thecommercialinvestor@wall2wallmedia.com Notes: ______________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ Please say you saw it in The Commercial Investor
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Commercial Real Estate & Business Opportunities
Volume 12 Issue 02
Niagara Peninsula 11236833_0512
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65
Commercial Real Estate & Business Opportunities
Greg Howe
6150 Valley Way, Niagara Falls ON L2E 1Y3 Independently Owned & Operated 905-346-2000
905-935-6838
www.EliteRealtyNiagara.com gamhowe@sympatico.ca
EXCLUSIVE LISTING
5788 BUCHANAN AVE NIAGARA FALLS
0112_DJW_0046
0112_DJW_0045
0112_DJW_0044
30 unit Motel and office plus a 2 storey house for living quarter and other office, pool. Located in the Heart of Fallsview touring district. Walking distance to Falls Casino and all attractions.
Niagara Peninsula
5630 DUNN ST, NIAGARA FALLS
Sales Representative
0112_DJW_0047
Niagara Brokerage
11246794_0512
8494906_0512
Located at the top of Ferry St. next to Clifton Hill in the Heart of the Fallsview tourist district, legal duplex (3 br + 2 br) with 3rd unit (1 br) in basement, maintenance free, available for quick closing.
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Commercial Real Estate & Business Opportunities
Kathy Tsiantoulas Sales Representative
Volume 12 Issue 02
Niagara Realty Ltd., Brokerage
1-877-219-9600
5627 Main Street, Niagara Falls Each Office is Independently Owned And Opperated
4318 PORTAGE ROAD - NIAGARA FALLS Immigration Canada main tenant (11,000 sq. ft.). Ideal space for medical use, chiropractor, dental, health care clinic and many other professional uses. High traffic location, close to all amenities. Main flr space up to 6,000 sq. ft. avail. Minimum unit. 1,000 sq. ft. Possible 3,000 sq. ft. to be available. Landlord to provide shell ready to finish. Additional land available on property to build 15,000 to 20,000 sq. ft. building as well. Parking for 139 spaces. Site area is on 7 acres. WILL BUILD TO SUIT. Contact listing agent for complete package. 0512_DJW_0041
8313831_0512
11009640_0512
Sales Representative
231 FOUR MILE CREEK RD., ST DAVIDS - $495,000
Niagara Peninsula
Bakery on the Bench, a very popular cafe on the wine route and not far from Ravine Winery. Being sold as a going concern in one of the classic commercial buildings in the historic business district of St. Davids. A much sought-after configuration with commercial on the ground floor with living quarters upstairs. 2611_DJW_1_0078
85 LAKESHORE RD., ST. CATHARINES - $12.00/SQ FT NET
Unique office concept in great north end location between Geneva and Lake Streets - a variety of options available with a total of 5600 sq ft - office suites, meeting hall, chapel and others. Entire building available or full floors can be considered. 2611_DJW_0057
358 MARY ST., NOTL
High traffic location, ample parking and convenient location near the intersection of Mary and Mississauga St. High visibility, plaza serves primarily local market, approx. 1575 sq. ft. suitable for office or retail, available immediately. Lease rate is $1640.63/mth net, plus utilities and cam fees. 2611_DJW_1_0118
YORK RD., NOTL - $1,100,000
Located on the St. David’s bench. This is Niagara wine country’s finest site for an estate winery or palatial home. Ideally situated on York Rd. Just a few minutes from the QEW/Glendale exit & immediately adjoining the vineyards of Chateau De Charmes Winery. The land is substantially clear & is rich clay loam w/good drainage available. 2611_DJW_2_0059
TOWNLINE RD., NIAGARA-ON-THE-LAKE - $219,000
Ideally located in the Glendale business park at the QEW/Glendale exit. Across the street from Purolator terminal and the new Compass Centre. This is the only stand alone small parcel currently avail. in this area. 1.2 acres, adjacent lot also available. Zoning is prestige industrial. 2611_DOREENW_1_0057
2228 NIAGARA STONE RD., NOTL $18.00/SQ. FT. pLUS TMI
The historic Old Winery building fully renovated and restored in the past 2 years. Upper level occupied by highly successful restaurant known as “Olde Winery Restaurant’. Full 4,200 sq ft lower level available turn key, with hardwood floors, track lighting, washrooms. TMI - $4.50/sq ft. 2611_DJW_0251
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67
Commercial Real Estate & Business Opportunities
Garden City Realty Inc
Tony Tripodi Broker
8181576_0512
Brokerage Independently Owned & Operated
905-641-1110
*INDUSTRIAL* *COMMERCIAL* *INVESTMENT*
NIAGARA FALLS
Restaurant/bar known as ‘The Niagara”. Everything in place and spotless condition. Just walk in and start making money. Included is building, all equipment, chattels. Licensed LLBO for 200 including the patio. Corner of Queen and Chrysler, in the revitalized commercial area of downtown. Terms may be available to qualified buyer. Asking $449,000. 0112_DJW_0042
FOR SALE FONTHILL PRICE REDUCED TO $1,100,000
6417 sq ft plaza on 172’x660’ lot. Built up area, high traffic count. 1.74 acres at rear. kpomomg a residential development. Next to a proposed retirement home. 1000 sq ft commercial can be added. A rare opportunity for investors/developers. Call now.
0112_DJW_1_0998
FOR LEASE
Centrally located retail/office plaza with high profile existing tenants including Shoppers Drug Mart, HSBC, medical clinic, etc. Space available up to 5,000 sq. ft. Asking $15.00 sq. ft. net, with some tenant’s assistance available. Call today for details. 0112_DJW_0043
Mary Jones
FRI CRES REI
Broker
Independently Owned & Operated
Sales Representative
Cell: 905.351.4031 mjones15@cogeco.ca
Cell: 905.931.7112 djones27@cogeco.ca
905.356.9600 1.877.219.9600
AGE OLD ELEGANCE!
CHARM, DIGNITY AND CHARACTER
House + adjacent lot.Take your pick....This property is zoned general commercial, ideal location for professional office, studio or retail establishment. Presently used as single family res. inviting LR w/fp, spacious formal DR, updated kit w/oak cupboards, desk & blt in dshw. Lrg mbr, 5 pc bath incl whirlpool tub, 3 pc bath, finished rec rm, enclosed back porch, hdwd & ceramic flrs. Wood deck. dble detached garage. Charm, class & value!
... Best describes this property with storefront retail space plus 2-1 bedroom residential units. Zoned “General Commercial: high visibility, good corner location, public transit, and close to all amenities. Be a landlord - all units are occupied! Storefront retail space currently occupied by owner’s business, has hardwood and ceramic floors, security alarm, central air and storage space. Prime location and realistic price!
4611_DJW_0031
FANTASTIC LOCATION!
This eight year old stucco 2 storey building is zoned general commercial. The main floor is operating as a Vietnamese Restaurant that will leave when building is sold, second floor has a large open area and bathroom, full basement with drywall, great for storage. The corner lot is high visibility and good sized parking lot.
4611_DJW_0032
Niagara Peninsula
11242324_0512
Niagara Realty Ltd. Real Estate Brokerage
David Jones
4611_DJW_0033
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Volume 12 Issue 02
businesssavvy
Tips to help your business navigate online marketing When it comes to online marketing and advertising, it can often seem like an alphabet soup of acronyms and options for the small business owner, from SEO and SEM, to Facebook and Twitter. With so many online marketing tools and terminology, knowing what will work best at a local level can seem like an overwhelming challenge.
Find the right mix of tools There is no silver bullet when it comes to advertising, specialists say, but there is a simple question that provides a good starting point for determining the right mix of tools: Are you in the ‘need it now’ business or in the ‘researched purchase’ business? The impact of local search is far greater in the ‘need it now’ categories such as plumbing, than it is in the ‘researched purchase’ categories such as consumer electronics or luxury travel. Get rank in Google, Yahoo and others Niagara Peninsula
The reality is that when people use search engines they generally don’t look past the top 10 results. Search engine optimization (SEO)—or enhancing a business’ online presence so that it’s listed as a top search result on websites like Google, Yahoo or Bing – can dramatically increase online visibility. Although having a website is advantageous for small businesses, it’s not absolutely necessary for SEO. Claiming and updating your free business listing on a local
Canadian search site like canpages.ca or yellowpages.ca is quick and easy to do. These sites allow businesses to enhance their profiles with video, website, photos and more, all of which contribute to higher rankings in Google and other search engines. Generate leads Search engine marketing or SEM is similar to SEO in that it leverages keywords, but differs in that it incorporates a paid element. Local search providers are a good choice for small business owners because they provide personalized support for navigating SEO and SEM and offer leadgeneration solutions designed specifically for local marketing. They even take care of identifying and purchasing adwords – the key words consumers use to search for a business product or service that lead to click-through traffic on business’ websites. NC
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Commercial Real Estate & Business Opportunities
#1 COLDWELL BANKER REPRESENTATIVE
IN THE
NIAGARA REGION ADVANTAGE REAL ESTATE BROKERAGE
Steve Dube Sales Representative
Independently Owned & Operated
www.niagaracommercial.ca 8306541_0512
PAGER: VACANT LAND
905-788-3232
EXCAVATING BUSINESS
10% + CAP
• 16.95 & 25.10 Acres - Darby Rd - Res/Agr - $169,900 & $209,900
ID#2068. Excavating business for sale. All tractors, trucks, equipment, land, buildings and the business name included. Seller will train. Main business: sewers, water lines, weeping tiles, trenching and snow removal. Heavy industrial lot 240 x 116 with insulated Quonset hut, plus separate office building. Asking $274,900. 0512_DJW_1_0068
ID #2268, 5600 sq ft. 2 residential units completely redone (1400 sq ft each). Rent is $850 plus hydro. The 2800 sq ft main level is rented for $990 per month plus hydro. Leases in place. Busy traffic location. Gross income is $32,280. Landlord’s costs are taxes, heating and insurance. Over $20,000 net annually. Asking $198,000. 0512_DOREENW_1_0154
5 COMM UNITS
YEAR ROUND MOBILE PARK
MANUFACTURING BUSINESS
ID#1908, 5 commercial unit building with potential income of $33,000 gross annually. 5 units consist of the following SqFt & income. 1200 sqft - $750 plus gas, 500 sqft - $350, 400 sqft - $250, 580 sqft - $400 presently vacant, 1700 sq ft with paint licensed paint booth - owner occupied but could be $1000 - $155,000. 0512_DJW_0438
ID #2328. 23.96 acre year round trailer park with mobile homes and 28 presently renting space. 77 more lots are approved. New well with newer ‘state of the art’ filter system ($100,000 value), yearly income approx. $104,000. Great country setting. Asking $899,000. 39H69 Hwy 3. 0512_DOREENW_1_0153
ID#2438. Niagara Counter Tops is a very busy business and has been servicing the area for over 20 years. Price includes 36,340 sq ft Manufacturing Plant, granite warehouse (separate location), all equipment, trailers and goodwill for only $2,990,000. Owner is retiring. Present employees; 23 labourers and 5 office staff. Asking $2,990,000. 0512_DJW_1_0051
CARPET BUSINESS
21,500 SQ FT
HIGH TRAFFIC
ID# 2128. In the carpet business for 50 years and same location for 27 years. Well known as Imperial Tile & Carpet. Owner willing to train. 4800 sq ft block construction includes 2 stock rooms plus a showroom, office and bathroom. 2 bay doors. Everything included; building, land, inventory ($165,000), equipment. Goodwill is free. Give away due to retirement. Asking $299,900. 0512_DJW_1_0071
ID#2238, Huge commercial office building with manufacturing facilities. 13,000 sqft of office space PLUS 8000+ sqft of manufacturing/warehouse space. All in great shape and presently used as the local newspaper headquarters. Loading doors at street & dock level. Parking for 30+ vehicles. Near new City Hall, Historic Court House and bus terminal. Asking $499,000. 0512_DJW_0439
ID #2008, 15 car parking 1 commercial unit 2500 sqft $2500 monthly rent for deli $600 for apartment plus bills. Thousands of dollars recently spent in renovations. Fully air conditioned, 3 separate hydro meters, one minute to the 406 access. Gross income $42,000 net income $35,500 (landlord only pays property taxes). Asking $299,900. 0512_DJW_0440
WAS CAR DEALERSHIP
LEASES
CANAL VIEWS
ID #2038, Once was Nissan car dealership. Total 7700 sqft. Lots of office space plus 4 bay doors for the mechanic section. Huge parking area. Basically this lot is ‘one block’ with access to the property from 3 sides. (lot 200 x 132). 400 amp hydro. Great exposure. High traffic. Asking $489,900. 0512_DJW_0441
• 300 Major St – 29000 sq ft Industrial w/Office • 411 East Main St – Office Space, Lots of Parking starting $2/Sq Ft • 3 Cross St – Downtown Office Space, Wheel chair Access. $5/Sq Ft • 17-19 East Main St – 12,000 sq ft first yr, Parking Avail. • 27 Centre St – 45,000 Sq Ft Office – starting, $2/Sq Ft • 41 Victoria St– 9,000 Sq Ft – Warehouse – Industrial • 285 Division St - 1700 sq. ft. Repair Shop & Paint Booth - $990/month • 2008 Port Robinson Rd - 3000 sq. ft. - Auto Garage - $2,000/month • 9 Petersburg Circle - 4400 sq. ft. - manufacturing - $1900/month ALL SPACES CAN BE REDUCED AND CUSTOMIZED
ID #1958.This commercially zoned home has a formal L/R and D/R that can be used as office space along with a bathroom on the main level. Upstairs is 3 bedroom and in great shape, unobstructed views of the canal from its 2 tier deck in fenced yard. Assessed at $125,000 and only asking $84,900. 0512_DJW_0442
INDUSTRIAL
WATER BUSINESS
4 UNITS
ID #2168. 11 year old 4400 sq ft industrial/commercial use plus 450 sq ft storage loft, 2 rear 14 foot doors, 1 acre lot, paved parking for 8-10 cars in front and lots of stoned area at the back. 600 volt 3 phase hydro, 3 pcs bathroom, 10 x 20 office/lunchroom, 2 tube heaters on 1 thermostat and 1 heater on a separate thermostat for the back separate area. Located in an industrial park. Asking $299,900. 0512_DJW_0443
ID #2178, Thriving sales & service water business with many other $$ making ventures to go with it. R.O., distelled and spring water sales. Master distributor for Aquecore in Ontario, master dealer for BRAC system in the Niagara peninsula. Many rental contracts in place, training available. Asking $229,900. 0512_DJW_0444
ID #2298, 4 units in total and netting over $26,000 annually. Only 23 years old and in great shape on the west side of Welland. Want to make money? Fully occupied, all appliances included, parking at the back, it is basically 2 semi’s attached that must be sold together as 4 legal units in total. Lots of cosmetic updates completed. Asking $274,900. 0512_DJW_0445
• 20 Acres – Side Rd 44, Wellandport – $59,900 – protected • 10 Acres – Ramey Rd – Port Colborne – Industrial – $89,900 • 16.75 Acres – Concession 3 – protected $34,900 • 10.3 Acres – Pt Lot 29 Elm St – Welland/Port $89,900 • 4 Acres – Pt Lot 10 Hwy 3 – Wainfleet – protected $39,900 • 1.53 Acres – Lot 12 Ross St. – Industrial – $159,900
Niagara Peninsula
• 504 x 51 – Ormond St, Thorold – Industrial $ 21,900
Please say you saw it in The Commercial Investor
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Commercial Real Estate & Business Opportunities
Volume 12 Issue 02
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
business investor The perfect place to list all of your business opportunities For advertising information contact Doreen Wills Tel: 1-800-268-0077 • 905-570-9283 or Email: doreen.wills@wall2wallmedia.com • thecommercialinvestor@wall2wallmedia.com
Notes: ______________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ Please say you saw it in The Commercial Investor
COM_0512.indd 70
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Volume 12 Issue 02
71
Commercial Real Estate & Business Opportunities
Mortgages
What is the best real estate investment direction for a Real Estate investor? What should I buy? Several single family, duplexes, triplexes, and/or up to 5 units? Or should I take the direction of (commercial) 6 units plus? Q: What are the Banks’ criteria for residential single family up to 5 units? A: Lending criteria has drastically changed in the past year. We are no longer able to achieve high ratio loans above 80% on these types of loans and properties. It has become very challenging to acquire financing in this arena of investing. Income is a major factor. You must be in a position to confirm your income. This makes it much more challenging when you are self employed or a contract worker. Credit scores are also critical. If this is a direction you wish to choose, please confirm that your income is verifiable and that your credit scores are above 650. A lender will also take into consideration all of the other properties owned in this real estate class (residential). Only 50% of the rental income will be considered on the subject property and 100% of the debt (along with any other currently owned) when assessing your qualification. The majority of the lenders do have a minimum loan amount of $80k. Please take note if the circumstance is different there may be a way to qualify; the above statement is based on general lending criteria.
Q: What are the Banks’ criteria for commercial lending on multi-residential 6 units plus? A: It is unbelievably easier to obtain a commercial mortgage (meaning 6 units plus) at a higher loan to value. CMHC will allow for up to 85% financing. Yes, CMHC can be a bit challenging to work with as their due diligence is time consuming and thorough. However, it is within reach whether you are self employed or salaried. Your personal income will be secondary as the primary income source for debt service is the rental income on the property. Other real estate assets are a positive attribute and work towards building greater overall net worth. Good credit is a must; lenders will not entertain a poor credit scenario. If you are considering a multi-residential property, please confirm that the debt coverage ratio is above 1.2 (see below for formula*). Please also note that location is a major determining factor in the approval process. 75% Loan-toValue (LTV) conventional financing is also available with a possible vendor take back if the numbers on the property will support it. This is far less in cumbersome. *Debt Coverage Ratio = Annual Net Income/Annual Mortgage Payment
Q: What benefit do I have when purchasing multi-residential (6 units+) versus residential (1-5 units)? A: This depends on each investor’s objectives in investing in real estate and their exit strategy. However, multi-residential from my own experience does come with many benefits. The first would be in the ability to acquire and obtain a mortgage as described above. Second, management is the key to a successful asset, with having multiple units under one roof; it makes this appealing to larger management companies. You must have a solid, trustworthy and reputable company managing your assets. Third, it is much easier to sell off a cash flowing multi-residential property for liquidity purposes. There are economies of scale having many units under one roof. For example, if there are any vacancies, the impact is offset by the revenue from other units and may be handled without costing from your own pocket.
Q: What direction do I take in real estate investing? A: This is really a personal perspective and can only really be determined by a personal evaluation from an experienced financier bearing in mind an understanding of one’s ultimate objectives. If you have income that can support the purchase of multiple single-family properties, there are great options for you (i.e. Rent to Own and other strategies). This also may be a great starting point for one to get their feet wet with a smaller investment. If you have some funds that are accessible and your credit score is good, than multi-residential would be a good direction for those interested in a long term investment, a rehabilitation project and/or a possible retirement nest egg.
Q: Is it wise to find investment partners when getting involved in real estate investment? A: Based on experience, yes it could be a great strategy allowing you to acquire additional properties. It allows for the ability to arrange additional mortgages and divides the debt and risk amongst multiple investors rather than just yourself. I would however confirm that the parties involved are like minded, have the resources and have the same exit strategy in mind. Proper legal agreements are really necessary regardless (even if it is a close relationship in order to avoid any future misunderstandings or changes in circumstance).
A member of
Carmen Campagnaro
Carmen@profunds.ca
www.Profunds. ca • invest@profunds.ca
1.888.330.3866
3390 South Service Rd., First Floor, Burlington, ON L7N 3J5 | 905.842.7011 x22 | Fax 905.842.7241 9649286_0512
Business Investor
President Pro Funds Mortgages lic# M08002562
Please say you saw it in The Commercial Investor
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Volume 12 Issue 02
Commercial Real Estate & Business Opportunities
WEB SOFTWARE COMPANY
BOWLING CENTER
CIVIL ENGINEERING FIRM
Develops web-based business solutions for 300+ clients’ e-business. Company owns the IP on 100 proprietary software products and has a hosting facility. Located in Southwestern Ontario and operating 15+ years with well trained staff locally and off-shore. Revenues in the $500K range.
Well center Servingestablished the mechanical & operating over 45 industries years and pharmaceutical located hours East of GTA. over 202 years. Generating Employs ft. &$1.1 20 MM pt. Newly revenues2 of with upgraded revenues Earnin the 200 pluswith accounts. $500K range discretionary ings $200 Kand range. Located in Southwestern Ontario. earnings in the $100K range.
Located in Western Ontario - operating over 30 years, Company provides structural and civil engineering services, feasibility studies, construction site inspections and administration services. Revenues for 2011 are at $1.4M and earnings are in the $350K range.
PLASTIC MECHANICAL INjECTION& COMPANY ELECTRICAL CONTRACTOR
jANITORIAL JANITORIAL& MAINTENANCE & MAINTENANCE COMPANY COMpANy Operating 20 years in the
w Ty fARM NE TuNI EquIpMENT R DIGITAL pO Op dEALERsHIp MASS STORAGE Located HARDWARE in Northeastern Ontario, business has The company provides comprehensive been operating over 60 hardware network storage years and withsoftware a strong custechnologies for Windows,Experienced Unix and MacIntosh tomer base. networks. base consists of staff Customer and management government agencies, educational institutions generate revenues in the $6.5MM andcompanies. earnand mid-cap range private sector ings over 300K. Revenues in the $3 million range.
R dE uN ffER O
ELECTRICAL CONTRACTING COMPANY
Electrical contracting company provides electrical power and transmission systems in the GTA to construction and industrial industries with 12 employees. Revenues range at $1.8 million and earnings range at $390K.
sO
Operating overWestern 30 yearsGTA. and Located in servicing the automotive Revenues growingindustry past the 16 ft and $10company million.employs This company generates $2 million in deals withover industrial, commercial with andearnings residential revenues in the accounts, providing $350K range.also Ownership will HVac services. remain as needed to transition the business.
GTA. Solid 20 customer Operating years inbase the with commercial, GTA. over Solid 80 customer base residential manager with overproperty 80 commercial, and industrial accounts. residential property manager and industrial accounts. Generating revenues in the Generating revenues in the $2.5 MM range. $2.5 MM range.
MACHINERY MANUFACTURING
SPECIALTY UNDERGROUND UTILITY CONTRACTOR
Southern Ontario manufacturer of food processing and other custom machinery. Sales of $4 million up 30% over last year. Solid profit over many years. Millwright knowledge would be helpful.
Located north of the GTA and servicing a large base of clients in industrial, municipal and telecom sectors, the company generates revenues of $5 million and earnings in the $700K range.
Ld
WASTE REMOVAL COMPANY Full service, operating for over 20 years outside the GTA. Revenues in the $4 million range and earnings in the $1 million range. Strong growth potential with 30 well-trained employees. Seller will remain through transition.
METAL FABRICATION & WELDING
Business Investor
Company operating over 20 years in Northeastern Ontario. 18 FT Certified well-trained employees provide diverse services in metal and structural fabrication. Revenues in the $3.5 M range with earnings in the $700K range.
Op
w ITy NE TuN R pO
MARITIME PROVINCES
If you are looking for an upgrade to quality of life and a thriving environment - we have several good business opportunities available in Nova Scotia and New Brunswick - small profitable operations with great potential and a safe transition strategy.
R dE uN ffER O
TRUCK & CAR
RENTAL Located north of the GTA Founded more thana40 yearsbase ago, and servicing large the of company clientsisina multi-location industrial,truck, mucar and trailer dealer secwith nicipal and rental telecom tors, throughout the company offices Southern generOntario. revenues of $5 customer million Itates has developed a recurring and400+ earnings the $700K base acocunts,ingenerating over range. $4 million in revenue and earnings in the $2 million range. R dE uN ffER O
ARCHITECTURAL MILLWORK
Custom Architectural Millwork manufacturer located in GTA over 60 years in business. Highly skilled employees and a strong commercial customer base generate revenues in the $2.3 million range with earnings over $300K. Owners will remain with the business through transition.
LANDSCAPE & SNOW REMOVAL COMPANY Operating in the GTA for 10 years. Sales reaching $1.0 MM and discretionary earnings in the $100K range. Employing 14 people and growing steadily.
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CONTRACT PACKAGING COMPANY Operating in the GTA over 30 years. The Company specializes secondary packaging of OTC and prescription pharmaceuticals and health/beauty care products. Revenues in the $3 million range and earnings in the $700K range.
“Selling Your Business is our Business” 416-780-0009 or 1-866-490-9991
8157086_0512
Please say you saw it in The Commercial Investor
COM_0512.indd 72
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H
A
M
I
L
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O
N 8148414_0512
Mazhar Roshan Sales Representative
905.318.3800
24 Hr. Pager
905.929.9800
Direct
BROKERAGE
mazharroshan@sympatico.ca ST. CATHARINES - $49,900
0512_DJW_1_0030
Long established East Indian Restaurant located in the Heart of “Westdale”. Walking distance to McMaster. Doing over 350K sales p/y! Very profitable business! All kit equipment & lease hold improvements incld in price. Reasonable rent & long lease avail!! Showing before 10:30am or btwn 2:30-4:30 pm weekdays or before 1 pm weekend. ASKING $119,900
Retail commercial space in strip plaza. Anchored by Tim Hortons. Close to 403 exit and rapidly growing commercial sector. Suitable for many kinds of retail, commercial or office uses, TMI for 2006 is 4.25 per square foot, call LBO for more information and showings.
Very desirable area of Stoney Creek Mountain, next to new Walmart & financial institutes. Thousands of new homes coming into the area. In a plaza 3310 sq ft retail space available. Other tenants include drive thru Tim Hortons, Esso gas station, Avondale, Gino Pizza & many more. TMI is estimated 9.86 PSF. Call for more info. $14.00 per sq ft.
0512_DJW_1_6668
0512_DJW_2_0007
0512_DJW_1_0024
RETAIL STONEY CREEK MOUNTAIN
NIAGARA FALLS
0512_DOREENW_1_0008
Minutes from Hwy 401/403 and Woodstock Toyota plant on Hwy 2. 12,000 sq ft facility with extra 5.5 acres of land. Good for all types of manufacturing, warehousing/ distribution and storage businesses, rare find, less than $67.00/PSF. Call LBO for more information. Asking $799,000
0512_DJW_4_0002
INDUSTRIAL FREE STANDING BUILDING - WOODSTOCK - $799,000
BUSINESS WITH OR WITHOUT PROPERTY. Very busy convenience store. Doing $25,000 weekly sales. Money Making Machine! Available with property or without property. Call for details.
BUSINESS FOR SALE ONLY - $499,000
0512_DJW_2_0027
Long established over 35 years pub/bar at a very busy corner location, licensed for 49, in a commercial & residential neighbourhood. Close to highway, hospital, doing good sales, very simple operation. Pub is renovated & updated. Call for more details. Business also for sale. Business for sale $109,000. Property & business for sale $389,900.
DOLLAR STORE WOODSTOCK - $105,000
sold
In the heart of Downtown Woodstock, close to the new Toyota plant, bus, school and amenities. Doing over 30K per month. Selling party items, dollar plus, scrap booking and all different crafts. No nearby competition! Great income opportunity. Good for a family business, long lease. Call for more details.
INVESTMENT OPPORTUNITY
0512_DJW_2_0030
0512_DJW_2_0011
On bus route and close to all amenities. Free standing large triplex. With three separate hydro meters. Net income over $19,000 per year. Asking $239,900. Call for more details.
ST CATHARINES BAR & GRILL
0512_DJW_1_0470
Very busy location of East Mountain. Sales $40,000 per week. 8000 square ft store. Low rent of $8000 per month. Long lease available. Asking price is $499,000. For more details call Mazhar Roshan.
INVESTMENT BUILDING FOR SALE HAMILTON
motivated seller
Long established variety store. Rent only $800 per month. Long lease available. Doing about $6000 weekly sales. Good for family operation. Lottery and ATM income is extra. For more details call LBO.
FOR LEASE BRANTFORD
LOCATION, LOCATION, LOCATION!
.67 acres of with or without property surrounded by 128 wineries on Hwy 8 in the growing area of Grimsby & Beamsville, ideal for many commercial uses w/future development. Currently running as “White Eagle Restaurant” w/3 bedrm living quarters. Licensed for 86 patrons, operating short hrs, 5 days a week. All business equipment included. Owner retiring after 23 years, call for details. Asking $675,000.
0512_DJW_2_0005
RESTAURANT HAMILTON - $119,900
sold
Nicely decorated house fully decorated from top to bottom. 50x150 big lot, 3 baths, 2 kitchens, 3 entrances. Good for rental income. Asking $269,000. Property rented for $1500 utilities for one year.
13G COM
legallyspeaking
Building or renovating commercial properties:
construction liens 101
By Jayson Schwarz and Konstantine Chatzidimos
I
f you construct or renovate a property you should know about construction liens and how they can affect real estate. A lien is, simply, a claim against property. A construction lien is a special kind of claim created by a statute called the Construction Lien Act. These liens are used by people who do construction work or supply materials and/or services for the construction, repair or alteration of land or buildings. Continued on Page 20
14G COM
CommerCial ProPerties Business oPPortunities FranChise oPenings & more! 8278557_0512
SPECTACULAR THRIVING LATCH KEY BUSINESS! Own your own banquet business in Burlington with future weddings and functions set up right until 2013. Profit and loss statements are available at your request. 9 year lease re-assignable to a qualified tenant. Approximately 9000+ square feet of space for use of a full service, licensed sit down restaurant, training centre and catering services to corporate and social events. There is also a small food service for the surrounding offices. Fully updated surroundings to reflect a modern and young look to attract all clients. MLS # H3078565. 0512_DJW_0025 $549,900
11248128_0512
9735712_0512
PIZZA & WINGS BUSINESS FOR SALE! $79,900 Royal LePage State Realty Brokerage
Independently Owned & Operated
Amy Gallant Broker Office:
905.574.4600 Email: amygallant@royallepage.ca
www.amygallant.com Languages spoken: English, French & Arabic
Well established eat-in, take out & delivery Pizza & Wings business must be sold! Super location with high traffic right on Upper James in a busy plaza close to the Lincoln Alexander Expressway. About 1,100 square feet. Good lease term. For list of Chattels and more 0512_DJW_0024 information please contact Amy Gallant. MLS# H3078225.
8306470_0512
HOTELS AVAILABLE ONTARIO
Escarpment Realty Inc., Brokerage
Independently owned and operated
Terry Tandarich Sales Representative E-mail:
SUBDIVISION LAND AVAILABLE MUSKOKA
Draft plan approved for
74 residential building lots in tandarich@gmail.com Gravenhurst. Ready to develop.
905.639.7676 “Call Terry and get Real Results” Contact:
Located 2 km’s from the world renowned Taboo Golf Resort. Asking price $1.85Million.
the CommerCial inVestor: sPotlight
0512_DJW_1_8000
MOTEL FOR SALE BURLINGTON WATERFRONT
Well maintained 11 unit motel + large owner’s residence on the waterfront. Operate your dream bed & breakfast or wait for future development. Asking price $3.9 Million.
Various properties and hotel sites are available. Call today for details
5011_DJW_1_0002
CommerCial ProPerties • Business oPPortunities • FranChise oPenings & more! 15G COM
CommerCial ProPerties Business oPPortunities FranChise oPenings & more! 11248277_0512
GREAT PLAZA FOR SALE Dundas, Ontario
OVER 7% CAP RATE
Price:$4,500,000.00 7 Commercial, 22 Residential Units Call: John Paisley CONTACT 905-639-7426 x2 US john@midevco.com 905.639.7426 john@midevco.com
Buyers Only Please
11248365_0512
RCR Hanover, Ont.
Sales Representative
519.364.7370 Cell: 519.378.6466
0512_DJW_0019
Dave Hocking
This 40,000 sq ft building situated on a 198’ x 195’ lot offers many possibilities based on its zoning. The building has features which allow for industrial/commercial and residential usage.
davehocking@royallepage.ca 11248853_0512
PRIME ETOBICOKE MEDICAL CONDO UNIT 6 UNITS ON GROUND FLOOR COMBINED AS ONE UNIT
Lydia Yue Broker of Record Cell:
416.708.7807 Fax:
905.881.3584
Email: lydiayue@rogers.com
the CommerCial inVestor: sPotlight COM
This excellent business opportunity is fully rented to short term and long term tenants. This complex (33 units) is located in the downtown core of Hanover and consists of a 20 unit block built in 1991, 4 units in a 2 storey house and 9 single units. All stoves and fridges are included. Coin-operated laundry and updates to windows, doors and roof. Call Dave for more financial information. Net income is $160,000. 11204809_0512
416.857.5571
16G
0512_DJW_0020
NEW LISTING
$389,900
Total 4,200 sq. ft. Six private physician’s offices, patients waiting area, nurses station & 3 examination rooms, staff lounge, physicians’ shower and 2 washrooms. Includes one locker & 15 exclusive underground parking spots. On-site pharmacy, X-ray, laboratory and physio clinic. Ample free surface parking. Close to Etobicoke General Hospital. Perfect for users/investors for group general practice. Vacant possession. Asking $749,000. 0512_DJW_0042
CommerCial ProPerties • Business oPPortunities • FranChise oPenings & more!
$1,850,000 Located in St Jacobs, gated three storey Victorian home on a 4.14 acre site with mature trees & gardens. Features a recently renovated 10 room Inn, spa and private boardroom. Established wedding venue and conference center. Beautifully landscaped grounds include a heated in-ground pool with poolside cabanas, a bar & grill and tennis court. Exclusive.
ST. JACOBS
0512_DJW_3_0026
KITCHENER
$1,475,000
$995,000
CAMBRIDGE
Mixed Commercial/Residential Opportunity
6000 sq/ft restaurant situated on .87 of an acre lot zoned C-6. Ideally located on main artery close to downtown Kitchener. Seating for 400 patrons plus 85 seat patio. Features
Beautiful 2,400 square foot two storey home with additional 1,200 square foot in-law suite attached. Monthly gross income of $6,200/month or $74,400/yr.
ample parking, fully operational kitchen and great exposure.
0512_DJW_1_7008
0512_DJW_1_0057
ARTHUR
$349,500
KITCHENER
$374,900
IC
E
Freestanding Standing Building
The Corner Pub local bar and grill for sale featuring a recently renovated 50 seats plus 25 seat patio. Located on a high traffic intersection close to downtown Kitchener. Great turnkey opportunity on an already profitable business.
W
PR
5,000 SF (divisible)
NE
Office/Retail Motivated Seller
0512_DJW_2_0118
505 PARK ROAD BRANTFORD
0512_DJW_2_0057
450 FREDERICK STREET, KITCHENER
Class 'A' Professional Office and Retail units. Main Floor: $11.95/SF 1,2605,320 SF 2ND Floor: $9.95/SF 7464,200SF Parking: Ample, Onsite Backs on to Wayne Gretzky Parkway 0512_DJW_1_0038
690 WOOLWICH STREET, GUELPH
Last unit remaining 3rd Floor suite w/private offices 2,425 square feet Elevator, onsite parking, close to expressway.
0512_DJW_1_0039
KITCHENER
Lease: $18.50/sf Sale: $1.695M Free standing restaurant. 2.1 acres, 100 parking stalls COMING SOON
$11.95/SF
73 King Street West - Office/Retail unit available $11.95/SF net 385 Frederick Street - Frederick Mall, various Retail opportunities
2 new Development Sites: Kitchener (at Hwy 401) and Rockwood (Guelph)
WOODSTOCK $680,000 3.46 acres close to Hwy 401 just off Dundas Street. Existing 25,000 sq. ft. building in need of major repairs or demolition. Redevelopment opportunity.
LONDON Investment opportunity for stand alone industrial building. Net operating income of $47,000 divisible into 3 units. 8471421_0512
DUNCAN McLEAN
RYAN BRIGGS
SALES REPRESENTATIVE
SALES REPRESENTATIVE
OFFICE
519.578.0337 x22
OFFICE
519.578.0337 x19
CELL
519.590.7997
CELL
519.498.5775
FAX
519.578.0025
FAX
519.578.0025
Duncan@cmarealty.ca
KITCHENER ONTARIO
Ryan@cmarealty.ca 17G COM
CommerCial ProPerties Business oPPortunities FranChise oPenings & more!
Sutton Group Innovative Realty Inc. *Independently owned and operated
Anna Maleshevich Sales Representative
905.575.7070
(24 hrs) Email: lmaleshevich@cogeco.ca 11248468_0512
0512_DJW_1_0200
SOLD
Brokerage*
1-1423 Upper Ottawa St., Hamilton, Ontario L8W 3J6
0512_DJW_1_0201
EXCELLENT INVESTMENT OPPORTUNITIES
8302498_0512
East Hamilton: 8 apartments, plus bach., parkings, laundry, storage. Many improvements in last 10 years. Good tenants, fully rented. Close to all amenities. Call Anna 905-719-7770 or e-mail LMALESHEVICH@COGECO.CA
East Mtn. - Hamilton 9 units, 9 parkings. Terazzo, hallways, laundry. Long term tenants, fully rented. Excellent income. Many improvements last 3 years; new boiler etc. 24 hrs. to show. Call Anna 905-719-7770 or e-mail LMALESHEVICH@COGECO.CA
4PLEX Mortgage Program We have Duplex, Triplex, Fourplex, Fiveplex and Sixplex - Cash Flow Properties Available Across Ontario
0512_DJW_0036
Buy a 4PLEX with only 10% Down Payment
Benefits of Program:
Don’t buy a Condo! Buy a 4PLEX and Live for Free!
✔ Pre-packaged 4PLEX Property plus Mortgage with Great Rates!
Own a Residential or Mixed Commercial 4PLEX
✔ We Will Manage Your 4PLEX including Rent Collection, Leasing and Quarterly Reports
Realtors get your 4PLEX Deals Closed
✔ Unlimited 4PLEX Support Line available 24/7
Call:
Gateway
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w w w. f o u r p l e x m o r t g a g e . c o m
Lijoy Ulahannan Principal Broker Lic# M08004558 416.285.3870 Receive Alerts For 4PLEX Opportunities Just Send Email to: info@fourplexmortgage.com
BE SEEN IN THE LIMELIGHT!
Highlight your hot, new and unique listings. Feature 2 prop erties and your agent photo in a full colour quarter page ad.
Reserve your space today! 416-784-5060 the CommerCial inVestor: sPotlight 18G COM
CommerCial ProPerties • Business oPPortunities • FranChise oPenings & more!
11246337_0512
Jim Abernethy Broker
905.261.7788 Brokerage
jim@claringtonpromoter.ca
18288 KENNEDY ROAD, NEWMARKET $1,975,000 • Well
established family business operating for 50+ years • Outdoor Storage of metals & construction equipment • Auto Repair & Materials • Recycling Yard • Prime location just east of Newmarket • Easy access to Highways 404/407/9/48 0512_DJW_1_0034
FOR SALE RECYCLING BUSINESS ON 12+/-ACRES
0512_DJW_1_0058
0512_DJW_2_0024
0512_DJW_1_0025
GANARASKA FOREST - $1,245,000
MOTHER NATURE’S PARADISE $639,000
This property is the complete package! Contemporary Fieldstone Home nestled amongst the trees on the southern slope of the 11,000 acre Ganaraska Forest offers spectacular views tot he south and east. Open pastures, woodland trails, spring fed streams & pond. 95 acres of some of the prettiest countryside within 50 minute drive of Toronto.
Picture yourself living in a perfectly sized home, ideal retreat, situated in a wooded hillside setting, overlooking this pond surrounded by rolling hills, meadows and trees. 40 acres, 40 x 60 barn, 45 minutes to the 401/ Don Valley Pkwy.
$3858/ACRE - HWY 401/NEWTONVILLE RD.
KENDAL VALLEY - 174 ACRES $798,000
0512_DJW_3_0027
0512_DJW_2_0026
This property abuts the Village of Newtonville Build Boundary. 35 minutes east of the Don Valley. Good long term investment. Build your dream home here - then add a barn for the horses that you will ride along your 127 acres of private trails thru meadows and mature forest. A very quiet & private property also has frontage on Hwy. 401. Survey available.
Productive farmland provides $24,000 annual rental income. 10 minutes north of Hwy 401, fronting on Regional Road 18 adjancent to Kendal Village Build Boundary, surrounded by spectacular vistas of the Oak Ridges Morain. $4,586/ acre.
To see photos of these properties visit: www.jimabernethy.ca Or contact: Jim Abernethy, Broker. Royal Service Real Estate Inc., Brokerage
9 0 5 . 2 6 1 . 7 7 8 8 o r j i m a b e r n e t h y @ ro y a l s e r v i c e . c a 19G COM
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If you construct or renovate a property you should know about construction liens and how they can affect real estate. A lien is, simply, a claim against property. A construction lien is a special kind of claim created by a statute called the Construction Lien Act. These liens are used by people who do construction work or supply materials and/or services for the construction, repair or alteration of land or buildings. Lien rights do not replace, but add to any other rights suppliers or servicers may have for recovering their money at law. Among those who would ordinarily use construction liens are general contractors, trades people, surveyors, architects, designers and material suppliers. Construction liens encumber title to the property; effectively preventing the owner from mortgaging or selling it. The right to a lien arises as soon as someone provides services, work or materials to a construction site. The Act provides that this lien expires if it is not “preserved” – or registered – within 45 days after the last substantial supply of services or materials. Often times, the registration of the lien itself is sufficient to get the claim paid, unless, of course, there is a fundamental dispute about the sum owed. Even where the amount is in dispute, the party against whom the claim is made may pay the amount into court by cash or bond along with estimated court costs and the lien will be discharged with the parties battling it out later in court. If you then miss the period for registering your lien you can still sue in ordinary court. Registering a lien gives the lien claimant priority on title against any future mortgagee or owners of the property. This effectively prevents the property owner from mortgaging or selling the property without dealing with the lien claimant. Lenders will not provide construction money or financing on a property that has 20G COM
outstanding construction liens unless arrangements have been made for the settlement or discharge of the lien. Further, a purchaser will not be obligated to close a deal unless lien claims have been dealt with and removed from the title. In the instance where the claim is filed and the lien remains unpaid, the claimant has an additional 45 days (meaning a total of 90 days after substantial completion) to register a Certificate of Action against the lands and premises. This means a lawsuit has been commenced. If this additional step is not taken, the claim will normally expire. Often, the expense of multiple court actions by workers on the same project can be avoided by a process called “sheltering” in which claimants proceed under the umbrella of one claimant and sometimes share the costs. Under the Act, anyone paying another party to work on a construction project, or to provide materials or services, must hold back 10 per cent of the amount owing until the time for filing all liens relating to the holdback has expired. Normally, all funds are released once the 45-day period for all parties has passed. Obviously, the termination of the 45-day periods will be different for all the parties, since their different stages of work and supply will have taken place at different times. Any individual who does not hold back the amount that they were supposed to, will still be liable for that amount and possibly more, if others further down the construction chain do not pay the amounts that they were supposed to. In the case of construction mortgages, the bank or lending institution will hold back 10 per cent of all money paid out until respective lien periods have expired. It is a good idea if you are considering registering a lien, to consult with your lawyer as soon as possible. Your lawyer will tell you what information you will need to register in a timely fashion. It takes time to prepare properly and register, don’t be late! In any registration process there can be glitches and things that need to be changed at the last minute. It is generally a good idea to plan to register by day 40 of the eligibility period in order to allow for any last-minute problems. The lien can be removed from title after either: its expiry for failure to perfect, a settlement in some fashion, payment into court by way of cash or bond, or a final judgment. There are costs and penalties for those who file false or inappropriate liens. The Lien legislation is complicated. The information above is simply an outline and not intended in any way to be a comprehensive analysis of construction lien law or actions that should be taken in any particular circumstance. If you wish to discuss construction liens or your particular construction lien problem we advise you consult a solicitor experienced in real estate law. Perhaps the most difficult part of writing these articles relates not to the actual writing, but thinking of a topic to address. Please mail, deliver or fax letters to the magazine or to us, use the website (schwarzlaw.ca), email (schwarz@schwarzlaw.ca), or phone us at 1-888-609-8888 and give us your questions, concerns, critiques and quandaries. We will try to deal with them in print or electronic form.
Konstantine Chatzidimos is a Toronto business and franchise lawyer and associate in the law firm Schwarz Law LLP. Jayson Schwarz is a Toronto business lawyer and partner in the firm.
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