April 28 - May 25, 2012 Volume 12 Issue 5
INCORPORATING FRANCHISE AND BUSINESS OPPORTUNITIES Full Coverage Area Including Windsor, Hamilton, Toronto, Niagara Falls, Kingston and Ottawa!
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simcoe apartment building - $1,750,000 Lovely, well-maintained 23-suite, red brick, 3-storey, walk-up apartment building with steel Mansard roof. In excellent location in Simcoe, featuring 11 1-bedroom and 12 2-bedroom suites, balconies, controlled entry, ample parking, separate meters tenants pay own hydro. 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
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asKing $949,000 Close to Downtown, subway, TTC, corner location, investment property. Corner store for over 28 years. Store has potential to expand its operation to outside or change to cafĂŠ, office, hair salon, Day Care. Good opportunity for developers. Possibility to add 3rd flr. Must see. Call for details TODAY. mathew lomnicki, broker of record perfect habitat realty inc., brokerage office: 905.212.1216 direct: 905.302.8676 email: phr.inc.@rogers.com
malcolm road, guelph tremendous value 74,090 sq. ft. - freestanding/divisible. Located on 4.58 acres, 1200 KVA Power, 7 truck level doors, 1 drive-in door. dean piett, senior vice president, broker coldwell banker commercial integrity real estate inc., brokerage 905-338-8877 x222 direct: 905.467.1651 email: dpiett@cbci.ca www.cbci.ca
Get The Commercial Investor delivered directly to your door! See inside for details
FC_1712 (COM)
great plaza For sale, hamilton, ontario $4,500,000 7 Commercial, 22 Residential Units. Call: John paisley, broker midevco commercial realty corp., brokerage 905.639.7426 x2 john@midevco.com www.midevco.com
FREE SUBSCRIPTION!
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BRIAN MCCAGUE JOHN MCCAGUE Sales Representatives
RCR REALTY bRokERAgE
Toll Free: Bus.: E-MAIL: Websites:
INDEPENDENTLY OWNED AND OPERATED, BROKER
(866) 772-5368 FAX : (705) 435-3001 (705) 435-3000 bmccague@trebnet.com www.brianmccague.ca www.royallepage.ca
INVESTMENT LAND ESTAbLIShED fArMS VAcANT LAND couNTry ESTATES rESIDENTIAL bLDg. LoTS coMMErcIAL/INDuSTrIAL
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✽ ✽ ✽ ✽ ✽ ✽
• Zoned Urban Industrial • 12 Permitted Uses • 5 Unit Industrial Complex
• Over 15,000 Sq Ft Main Floors • 318 Feet Frontage • Excellent Delivery/Parking Areas
• No Parking Fees • Estate Sale (Priced To Sell) • $485,000
$1,536,860 - 5 ACRE DEVELOPMENT SITE
NOW LEASING - 225 PRITCHARD ROAD
HAMILTON Premier location at the junction of the RHVP and LINC on the East Mountain. Opposite LEONS near Heritage Greene Shopping Centre. 1712_DJW_0002
P R I M E LABORATORY OR OFFICE space in Hamilton’s Red Hill Business Park North. Upper 2 floors. 9,300 sq. ft. per floor or 18,600 sq. ft. in total. 2 docking bays, elevator, security, ample parking. Call for tour and information package. 1712_DJW_0003
$59,000 - FORT ERIE
$63,500 - FORT ERIE 80.7’ x 107’ corner lot zoned C2 General Commercial. Many permitted uses. Great location opposite Walmart. Oakes Drive at Thompson.
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11255498_1712
100’ x 110’ corner lot designated C2 General Commercial in the Official Plan. Residential uses also permitted. Close to USA border and QEW. 1712_DJW_0004
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Escarpment Realty Inc. Brokerage Independently Owned and Operated
Sam Su c ca r Sales Representative
905.545.1188 1712_DJW_0101 1712_DJW_0102
1712_DJW_0100
1160 UPPER PARADISE RD., HAMILTON
8 MAIN ST. E., HAMILTON
Currently set up as a hair salon/spa 1738 sq. ft. In highly visible and growing neighbourhood. Close to schools, bus routes and shopping. Rent from $20.00/sq. ft. net. 1712_DJW_0020
325-327 BARTON ST. E., STONEY CREEK
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.
Office/warehouse space available with overhead door. Close to highway and in very visible location. Ideal for light industrial/distribution. 2033 sq. ft. from $1,567.10/month + HST.
905-777-0252 ext 304 E-mail:
info@desantis.com
www.desantis.com 4G
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247 CENTENNIAL PARKWAY N
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COM
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.
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Act fast, 50 acres and 13,000 sq ft of total space industrial buildings offices. Operated as Auto parts services, scrap yard, repairs & recycling business. Owned, operated & well equipped with good business by the same family for over 34 years. High traffic views by passenger passing the QEW, easy hwy access, minutes to US border. First time offered for sale on the Market hurry. Priced for the value of $3,499,000. Call Sam.
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SEALED BID
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GARDNER AUCTIONS INC.
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519.685.2929
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“ACTION BY AUCTION SINCE 1922”
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Arthur Meighen Public School 151 Water St. N., St. Marys *Bids close Thurs. May 24th at 2 pm* 38,740 sq. ft. facility situated on 3.21 acres of land. Zoning, viewing, bid forms & additional info at www.gardnerauctions.com
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Alex Duarte Sales Representative
Realty Services Inc., Brokerage Brampton, ON L6X 1N7 905-456-1000 Independently Owned and Operated
250 QUEEN STREET WEST, BRAMPTON
$1,799,000 1712_DJW_0011
High exposure three corner lot in highly desired area of Brampton. Perfect for a medical building, professional offices or fast food restaurants. Rented month to month by the same tenants since 1998 for $120,000 + TMI per year. Phase 2 environmental completed in 1998.
40 HOLTBY AVENUE, BRAMPTON
905-456-1000 direct 416-587-7445
office
953395 7TH LINE EHS MONO SIDEROAD EAST
$599,000 1712_DJW_1_0005
FUTURE DEVELOPMENT
8133535_1712
6,000 - 75,000 square foot industrial units. 24 and 30 foot height to be finished as the tenant desires. Seven level doors and six drive in doors
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1712_DJW_1_0006
$5/SQ FT PLUS $1.95 TMI
20 acre hobby farm with ranch style bungalow and lots of trees. 3+1 bedrooms, large eat-in kitchen with walk-out to large deck, 3 basement walk-outs to beautiful tidy lot. New roof and windows in 2005. See virtual tour at www.myvisuallistings.com/vt/64379
300+ acres at Highway 10 north of Highway 9.
$39,900 PER ACRE 1712_DJW_7000
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businessbarometer
Rise in small business confidence shows stable & growing economy Business owners in Alberta (74.6) and Saskatchewan (72.0) continue to be the most optimistic in the country. Big gains in business sentiment in Ontario (68.2) pushed its index above the national average for the first time in a year and a half. There’s improving optimism in Manitoba (69.8), Quebec (64.6) and Nova Scotia (64.1), while levels fell back somewhat in British Columbia (63.8) and New Brunswick (66.0). “Businesses in the Arts, recreation and information products industries are the most optimistic about their year ahead, pushing their index beyond the 80 mark for the first time,”said Mallett. Manufacturers are also more positive than the average by a significant amount. Optimism in the natural resources industries and businesses in the health and education sectors are also above the average. Those in transportation, hospitality and business services are at the low end of the index-around the 60 level.
W
ith its seventh consecutive monthly gain since late last summer, small business sentiment has now returned to what can be considered normal for a sustainably growing economy. The Canadian Federation of Independent Business’ (CFIB) Business Barometer Index climbed to 67.7 in March, more than a point and a half above February’s level and six points above its August 2011 low.
“Even though government debts continue to cast a shadow, the small business community is confident that increased government spending restraints will help to encourage domestic business activity,” said Ted Mallett, vice-president and chief economist for CFIB. 8G
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Planned hiring took a big swing to the positive in March. Twenty per cent of business owners plan to increase full-time staffing levels in the next three or four months, while only 11 per cent plan to cut back. “While these numbers are heavily influenced by seasonal business patterns they are as good as March 2011 findings and better than March 2010,”remarked Mallett.“Hand-in-hand with hiring, small business owners expects to increase wages an average of 1.7 per cent and prices by 1.5 per cent during the next 12 months.” “Short-term business performance expectations through the rest of the spring improved in March, following the pattern of the past couple of years,” said Mallett. Forty-six per cent of business owners expect their businesses to strengthen in the next three or four months, compared to only 13 per cent who expect a weakening-a balance of opinion of +33 per cent. Capital spending plans continue to show a stable profile for March. “Thirty-five per cent of our respondents expect to invest in office or communications technology in the next three or four months which is slightly higher than the average of the past two years. Also above trend is the confidence for planned investment in land and buildings,” concluded Mallett. Measured on a scale between 0 and 100, an index level above 50 means owners expecting their businesses’ performance to be stronger in the next year outnumber those expecting weaker performance. According to past results, index levels normally range between 65 and 75 when the economy is growing. The March 2012 findings are based on 821 responses, collected from a stratified random sample of CFIB members, to a controlled-access web survey. Findings are statistically accurate to +/- 3.4 per cent 19 times in 20.
Are you unsatisfied with your Real Estate Purchase?
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Do you have a dispute Experience with a Vendor, Purchaser, and Agent or Lawyer? Unparalleled Service to recover your loss. Consult Us Now! 11253627_1712
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Suite 3200, 100 Wellington Street West, P.O. Box 329 Toronto-Domonion Centre, Toronto, Ontario M5K 1K7 9G
COM
Realty inc., Brokerage
Independently Owned & Operated
Commercial/Investment Division CommerCial ProPerties and investment/business oPPortunities amir aliKHani*
latiF merali*
niCK merali*
$10 sq ft net Prestige five offices with the large reception area on 2nd floor with excellent view on all offices. Corner building on Warden and 14th. Brand new two separated washrooms and kitchen with storage room. OFFICE
$45,000 Plus stock bright, spacious & busy convenience/variety store lctd in Triple A plaza next to Applebees, McDonalds, Beer Store, Boston Pizza & School nearby etc! High traffic major intersection w/thousands of cars passing by! CONVENIENCE/VARIETY STORE
$45,000 A very unique Fitness Centre specially designed for helping women to meet the Fitness, Gain Muscle Strength & Raise Metabolism. This business is also based on research to provide efficient & effective toning muscles, plenty to improve cardiovascular fitness. SALE 1712_DJW_0072 OF BUSINESS
eHsan vaFai*
latiF merali*
latiF merali*
$55,000 Best Unionville Lctn. W/classic/European style, lctd on Main St., Hwy 7. Restaurants, Shops, Play. 3 yrs old business. Priced to sell business including inventory & equipments. Many clientèle mostly European, Asian & Indian Living in the area & walk-in client! HAIR SALON
$68,000 Rare 5 days/week office building cafeteria w/fully-equipped kitchen complete w/grill, hood fan, hot table, prep area, cold table, open display cooler etc! Fantastic opportunity w/short executive ofc hrs. Cafeteria inside condo ofc bldng w/many tnts! Newly reno! Equipment & set-up worth the price! CAFé 1712_DJW_0074
$75,000 Used car dealership for sale complete w/auto detailing business! Fantastic lctn w/prime exposure on busy Yonge & close to new car dealerships! Lots of parking for car sales. Includes 2 bay auto garage for indr detailing complete w/new hoist - could expand business by possibly offering rust proofing & other services. AUTOMOTIVE RELATED
risHi aHloWalia*
beHsHad KHatambaKsH*
latiF merali*
$79,900 15 years old business and only second owner, rent $1840.00 Including TMI and some heat and air conditioning. 6/49 commission $2000. and bank ATM mach about $300.00 Sale of the W/K & $6500 to 7000 as per seller. CONVENIENCE/VARIETY STORE
$99,000 Plus stock. Great family business, operating in the same location for 21 years w/different owners, steady business from catering, steady client base, turnkey operation, owner willing to train. Owner operates 6 days a wekk 6 am to 3 pm. Potential for more income if open Sunday and evenings. Llbo License. FAST FOOD/TAKE OUT 1712_DJW_0077
$110,000 Established & busy Pita Restaurant selling best tasting fresh & healthy Pita Wraps, Shawarma, Falafel, Salads, Hm made Soups, etc! Prime lctn in very busy plaza w/exposure on high traffic rd. Over 15 yrs established business w/lots of loyal customers. Fully-equipped kit could easily be converted to any type of cuisine. FAST FOOD/TAKE OUT 1712_DJW_0078
latiF merali*
latiF merali*
CHanY lee**
$115,000 Newly established Health Food & Nutrition Store lctd at prime intersection in busy plaza! Store specializes in sports nutritional supplements & Vitamins/Minerals. Very lucrative industry w/ltd competition, prof designed & decorated store. Could expand business by offering fresh juices/protein shakes & more. FITNESS/TRAINING 1712_DJW_0079
$118,000 Well established grocery & deli lctd at prime intersection! Excellent triple a plaza nxt to Banks, Shoppers Drug Mart, Rests, etc! Steady Traffic w/lots of loyal clientele. Specializes in European Groceries w/fully-equipped kit, full deli & cheese section! GROCERY/ SUPERMARKET 1712_DJW_0080
$159,000 Plus stock. Excellent location. Last 14 yrs by current owner. Wkly sales $14,000 (phone card incl.) Smoke 65%., Imperial Program in place. Lotto $27,000/yr ATM $5000 /yr, gross rent $5457 new lease 5+5 available. Lots of room to bring in a new business in this space. Net $90,000/year according to the owner. SALE OF BUSINESS 1712_DJW_0081
risHi aHloWalia*
risHi aHloWalia*
$189,000 Clients: Beautiful green earth prem dry cleaning plant in a lrg shopping ctr. Profitable business & still growing. Net income B4 debt $105,000 (2010). $112,000 (2011). Vndr wants to assist prospective buyer w/finance & will provide full training. M-F 9am to 6pm, Sat 9m to 5 pm. DRY CLEAN/LAUNDROMAT 1712_DJW_0082
$199,000 Well established & renovated restaurant in the Forest Hill area. Good clientèle & this restaurant established since 1981 w/103 seats liq. lic. Rent is $5300 including Tmi. Sale is $30,000/mth food cost 30-32% hydro, water, gas $1100/mth. 65% food & 35% liq. Open 7 days short hrs. RESTAURANT 1712_DJW_0083
$269,000 New machines with warranty for 3 years more. Hi efficiency machiens save utilities and water. Wi-Fi lounge with snack bar. Fast growing wash & fold business also. Good clientele & lot of parkings. Seller will assist for the finance. (stb) seller moving out of town. COIN LAUNDROMAT 1712_DJW_0084
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1712_DJW_0073
1712_DJW_0076
risHi aHloWalia*
905-889-2200 8147051_1712
10G COM
1712_DJW_0071
1712_DJW_0075
#1 Office in canada
416-324-2822
†Based on HomeLife Organization Statistics for 1988-2010 *Denotes Sales Representative **Denotes Broker
11G
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8155064_1712
11236618_1712
8302229_1712 * Not intended to solicit properties currently listed for sale
W E S T O F R E D H I L L C R E E K E X P R E S S W AY 1712_DJW_0050
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, 9 2
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12G COM
1712_DJW_0052
1712_DJW_0051
1712_DJW_0026
Zoned ‘H’ commercial this property is ideal for work at home. Featuring 1400 sq ft of retail space, 600 sq ft attached double car garage & a 1900 sq ft luxury 3 drm apt. Equipped w/gas F/P, 4 pc ensuite, 5 pce main bath w/whirlpool tub. Bsmt is 80% complete with 3 pc bath & kitchen. Side and rear parking for 6 cars plus garage. A must see. Call Frank today.
1 Volume 12 Issue 05
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 . . . . . . . . . . . . . . . . . . . . . 24 Greater Toronto Area . . . . . . . . . . . . . 37 Central Ontario . . . . . . . . . . . . . . . . . 58 Eastern Ontario. . . . . . . . . . . . . . . . . 61 Niagara . . . . . . . . . . . . . . . . . . . . . . 64 Business Opportunities . . . . . . . . . . . 70
diSTRiBuTEd iN OvER 1,700 lOCATiONS!
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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
vice pResident nAtionAl ReAl estAte Jacqueline Hill editoR-in-chief nAtionAl ReAl estAte Susan Legge editoR Elisa Krovblit senioR pRoduction MAnAgeR Bala Gnanapandithan pRoduction MAnAgeR Nikki Yarwood pRoduction co-oRdinAtoRs Kiran Sharma Lindsey Maindonald Curtis King ciRculAtion inquiRies 1-866-580-5960 ext.3242
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a retrieval system or transmission in any form or by any means, whether electronic, mechanical or otherwise, in whole or in part, without the prior written permission of Wall2Wall Media™ is strictly prohibited. Published every month by Wall2Wall Media™. Terms Advertisers and The Commercial Investor are not responsible for typographical errors, mistakes or misprints. Payment in full must accompany the insertion order by cheque or money order only. Insertion by phone: we accept Visa and Mastercard. Please check your ad for accuracy, the first issue it appears. If you find an error, report it immediately. The Commercial Investor will not be responsible for more than one correct insertion.
Please say you saw it in The Commercial Investor
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Volume 12 Issue 05
Commercial Real Estate & Business Opportunities
14
special features 08 BUSINESS SAVVY — Entrepreneurs reveal secrets to small business success: RBC poll 13 BUSINESS SAVVY — Advice on financing a small business 14 MORTGAGE MINUTE — Don’t quit your day job By Peter Kinch
31 IN THE NEWS — Small business reaction to 2012 Ontario Budget 33 BUSINESS SMARTS — Canadian investment in Florida surges
31
36 BUSINESS SAVVY — Organizing your home office 48 MONEY SMARTS — Fixed income to remain a crucial portfolio allocation despite low yields, according to new Russell Investments report 56 IN THE NEWS — Build an online investment portfolio one step at a time 60 MONEY SMARTS — 10 ways a CGA can help your small business 63 MONEY SENSE — Consumer portal offers resources to help answer financial questions 66 MONEY SMARTS— Improving business optimism in mature economies offers hope for global recovery Glossy Section Editorial
8G BUSINESS BAROMETER — Rise in small business confidence shows stable & growing economy 14G LEGALLY SPEAKING — What can a commercial landlord do about tenant default?
33
By Jayson Schwarz and Aaron Grinhaus
18G IN THE NEWS — GTA office market kicks off 2012 with moderated optimism following strong 2012
Please say you saw it in The Commercial Investor
COM_1712.indd 2
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Volume 12 Issue 05
3
Commercial Real Estate & Business Opportunities
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COM_1712.indd 3
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Commercial Real Estate & Business Opportunities
Volume 12 Issue 05
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
COM_1712.indd 4
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Commercial Real Estate & Business Opportunities
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
8302191_1712
Prudential
Kitchener/Waterloo Guelph & Cambridge
Volume 12 Issue 05
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
$
1712_DJW_1_0410
D L O S 1,745,000
$
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 UW! MLS®.
699,900
$
1712_DJW_1_0409
FULLY RENTED APARTMENT BUILDING Rare, non student fiveplex with bonus unit! (Seller legalizing). 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! 1712_DJW_2_0412
$43,000 GROSS ANNUAL INCOME ONE BLOCK FROM WLU! E x c e l l e n t 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®. 1712_DJW_1_0413
TREMENDOUS LIVE-WORK OPP BETWEEN DOWNTOWN KITCHENER AND ST. MARY’S HOSPITAL! Spacious two b e d r o o m $ a p a r t m e n t featuring high ceilings, hardwood, original wood trim, two balconies and luxe bath and kitchen! Main floor commercial space featuring two offices, waiting room, bath, kitchen and handicap access. MLS®
UPTOWN TRENDY LOFT! Perfect for parents looking for a safe, stylish home away from home for their University bound kid. Two floor unit has $ security cameras at the entrance, loads of living space on the main floor with an open concept kitchen, dining, living room on the main floor featuring newer laminate and tile and large bedrooms and a 3 pc washroom upstairs. MLS®
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®.
ABUTTING HEASLEY PARK This updated semi features flexible, MR-4 zoning which allows many uses. One of which could be to accomodate as many as five $ tenants. With a custom kitchen in the basement and luxury bathroom including glass shower, and five generously sized bedrooms. This is exactly the type of home most students love! MLS®
GREAT DEVELOPMENT OPPORTUNITY IN WATERLOO! MR-6 zoning on large lot Preliminary plans, lot size, lot density and zoning all $ indicate the possibility of a 16 unit, mult-residential build being accomodated here! Few infill sites like this left! Ideal project size for investor looking to try their hand at building! MLS®
540,000
359,900
SOLD
486,000
1712_DJW_1_0431
D L O S
299,900
234,900
1712_DJW_0468
499,900
1712_DJW_2_0415
1712_DJW_3_0400
1712_DJW_0469
DUPLEXABLE HOME NEAR PROPOSED LRT STATIONS Steps to three proposed Light Rail Transit stations and short walk to downtown Kitchener and $ all its amenities. Easy access to expressway and on bus routes. Hy-Grade steel roof (2003) with 50 year warranty. Hi-efficiency furnace (2010). Spacious yard with shed. Thinplank hardwood in many rooms. Single tandem driveway with attached single car garage. MLS®
MODERN PROFESSIONAL/ RETAIL SPACE AT AN AFFORDABLE PRICE! 409 square feet of newer, fresh space available in modern building! Lots of nat$ ural 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®.
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®.
229,900
1712_DJW_4_0400
500 PER MONTH
1712_DJW_5_0416
5.00 SF + CAM OF $3.43 SF
1712_DJW_1_0204
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Volume 12 Issue 05
Commercial Real Estate & Business Opportunities
Kitchener/Waterloo Guelph & Cambridge
INVESTMENT OPPORTUNITIES 100 BERGEY COURT, NEW HAMBURG
501-545 MORRISON ROAD, KITCHENER
LAND
27 RIVERVIEW PLACE, 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. MLS
• Rare 2.78 acre development site ready to go. • Great Hwy 7/8 exposure • Services are at lot line • Asking $459,000
MLS
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MULTI-FAMILY
CONDO/APT FOR SALE
1712_DJW_0416
271 WESTCOURT PLACE, WATERLOO
• 20 unit (100 room) Student Building • On 1.6 acres • Close to University of Waterloo • $6,900,000
• 23 unit, condo-registered complex • Excellent locaton in Waterloo • Upgrades completed • $3,795,000 1712_DJW_0474
LEASE & SALE OPPORTUNITIES
• 3,356 sq. ft. in Uptown Waterloo @ Erb St. • Former restaurant with bonus 546 sq. ft. patio • Located in historic Waterloo hotel • $25.00/sq. ft. net MLS
• 5,118 sq. ft. renovated retail/office • High ceilings ample natural light • Bonus 500 sq ft mezzanine • $10.00 per sq. ft. net
MLS 1712_DJW_0427
• Office space second floor with private entrance. • Inducements available. • On transit route, in uptown Waterloo. MLS
MLS
1712_DJW_0423
1712_DJW_0422
105 RANDALL DRIVE UNIT 6, WATERLOO
• Units C (1,500 sf) & E (1,715 sf) 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.
• Beautifully renovated industrial condo. • 1,400 sq. ft. office; 1,100 sq. ft warehouse • 10’ x 12’ loading dock. Available immediately. • $339,900 MLS 1712_DJW_0426
1712_DJW_0425
42 BRIDGEPORT ROAD EAST, WATERLOO
255 KING ST. N. #5, WATERLOO
• 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 $329,000 1712_DJW_0428
• 1,300 sq. ft. storefront unit available immediately • Excellent high traffic location close to Universities • Perfect for retail, restaurant, personal care, office MLS • $30.00/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_1712
1712_DJW_0420
569 LANCASTER STREET WEST, KITCHENER
1712_DJW_0424
305 KING ST. W. KITCHENER
• 2 storey commercial/residential • 19 residential tenants, 3 commercial tenants • On-site parking. Long term tenants. • $1,690,000 MLS 92 KING ST. S., WATERLOO
• 1,400 to 2,800 sq. ft. retail/office in busy plaza • Great location in centre of Baden • Ample on-site surface parking. • Asking $12.00 per sq. ft.
1712_DJW_0421
3 REGINA ST. N. WATERLOO
22-26 CHARCLES ST. W. KITCHENER
1712_DJW_0419
18 SNYDER’S RD. W., BADEN
2 KING ST. N. # 2, WATERLOO
• 1,000 TO 30,000 sq ft. office • Recently renovated • Underground/surface/off-site parking • From $7.95/sq ft net
MLS
• Premium residential lots fully serviced, ready for building • Surrounded by natural forest on banks of Grand River • Frontages from 66 to 246 ft 1712_DJW_0417
1712_DJW_0429
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.
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Volume 12 Issue 05
7
Commercial Real Estate & Business Opportunities
• Cell 519-820-6571 1-800-461-9416 Email DouglasRielly@gmail.com
Office 519-767-2392
Douglas Rielly
Toll Free
8305540_1712
Kitchener/Waterloo Guelph & Cambridge
Empire Real Estate Service Ltd., Brokerage Broker of Record
www.trailerparksforsale.ca
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, unDer pool and FABULOUS rec hall for 250. All thiscOntract 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 Edward Bay near Picton with room to grow. SOLD • 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! 11255702_1712
Robert Bowman Sales Representative
Royal LePage RCR Realty, Brokerage 840 Tower Street S, Fergus ON, N1M 2R3 Phone:
518.843.1365
Toll Free:
1.866.343.6825
Email:
robbowman007@sympatico.ca
UNIQUE PROPERTY OFFERING A VARIETY OF OPPORTUNITIES $1,250,000
These two lots combine to make 1.75 acres of prime highway commercial property. The possible uses are too many to list. Move into the house and build your business using the existing building or clear the property and start from scratch. This is a must see for the entrepreneur or a developer. Buyer to verify any future development requirements. Call ROBERT BOWMAN at 519-843-1365. 1712_DJW_0044
1712_DJW_0045
1712_DJW_0046
1712_DJW_0047 1712_DJW_0048 1712_DJW_0049
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8
Commercial Real Estate & Business Opportunities
Volume 12 Issue 05
Kitchener/Waterloo Guelph & Cambridge
businesssavvy
Entrepreneurs reveal secrets to small business success: RBC poll
C
anadian entrepreneurs say
• Work life balance issues, working long hours – 35 per cent
the most important pieces of advice that they would give to
other entrepreneurs to help them grow
“Lessons can be learned from these challenges,” adds Michell. “Finding clients, as well as retaining them, is an ongoing challenge for business owners at every stage, and critical to the life and success of any business.”
their businesses, according to the 2011
RBC Business success tips
RBC Small Business Survey conducted by RBC and Ipsos Reid are:
• The creation of a business plan should help you identify your customers, your market, the competitive landscape, and other important aspects of your business.
Canadian entrepreneurs say the most important pieces of advice that they would give to other entrepreneurs to help them grow their businesses, according to the 2011 RBC Small Business Survey conducted by RBC and Ipsos Reid are:
• Leverage your business plan to identify what your true priorities are, and start each day with a plan to effectively manage your time.
• Develop effective business plan – 44 per cent • Manage your time well – 43 per cent • Engage in networking – 38 per cent “With many competing priorities, it can be challenging for any small business owner to know where to focus their attention,” said Mike Michell, national director, Small Business, RBC.“These survey results tell us loud and clear that planning, networking, and managing your time should be at the top of every entrepreneur’s agenda.” Entrepreneurs suggest that other business owners who want to grow their businesses should also: • Seek help/advice – 28 per cent • Aggressively solicit business – 25 per cent • Market research/planning – 25 per cent • Get financial advice before starting your business – 23 per cent “This is great advice coming from small business owners considering the challenges that they expect to face over the next year,”said Michell.“The expertise of peers and professionals can help take your business to the next level.” The study also found that the top three challenges business owners say that they will face over the next year are: • Finding clients/developing market – 60 per cent • Maintaining sufficient cash flow/maintaining growth – 47 per cent
• Ask for advice from people who are already working in your line of business, as many of them are usually willing to share industry information or serve as sounding boards for your ideas. • Leverage technology to communicate to potential and existing clients, using websites and social media. These are some of the findings of an RBC/Ipsos Reid survey conducted from July 29 to August 8. This online survey of 1,400 entrepreneurs, who were either self-employed or owned their own small business, was conducted via the Ipsos I-Say Online Panel, Ipsos Reid’s national online panel. The results are based on a sample where quota sampling and weighting are employed to balance demographics and ensure that the sample’s composition reflects that of the actual Canadian population according to Census data. Quota samples with weighting from the Ipsos online panel provide results that are intended to approximate a probability sample. An unweighted, probability sample of this size, with 100 per cent response rate would have an estimated margin of error of ±3 per cent, 19 times out of 20. About RBC Small Business Banking: Small businesses in Canada want flexible banking choices, convenient payment options and simple ways to manage their cash flow. Whether they are starting a business, managing growth, or succession planning, the RBC Advice Centre can help answer their questions. Free interactive tools and calculators provide customized information covering many facets of business finance and online advice videos are updated regularly to answer questions that are top of mind with small business owners. With the guidance of RBC business advisors, small business owners have access to free, no obligation professional advice about RBC products and services. For more assistance, please visit www.rbcadvicecentre.com.
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COM_1712.indd 8
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Volume 12 Issue 05
9 Kitchener/Waterloo Guelph & Cambridge
Commercial Real Estate & Business Opportunities
The Cliff Rego Diamond Award Winning Team: • One of the top 12 RE/MAX teams in Canada* • #1 for ”most transactions” in Ontario* • Top 1% in the world for RE/MAX • 2011 sales over $65,000,000 *RE/MAX international statistics 2009, 2010, 2011 **For markets with population of 50,000 to 150,000 ***Specific conditions apply. Visit www.cliffregoteam.com for details
Cliff Rego
Rick Wyatt
Real Estate Centre Inc. Brokerage
Broker
Sales Representative
519.623.6200
Each office independently Owned and Operated
519. 740. 7222
11253437_1712
707 POWERLINE RD.
1712_DJW_1_0026
$3,200,000. Prominent commercial development land available. A rare opportunity to acquire 21.5 acres of commercial land, benefiting from several development opportunities. This parcel of vacant land is the ideal location for future commercial development with zoning allowing for a multitude of ventures. MLS 1290116.
63 WATER ST.
355 HESPELER #K107
679 CORONATION BL.
1712_DJW_2_0027
1712_DJW_0029
1712_DJW_1_0028
$689,900. Great investment opportunity with water front view and situated on a corner lot. Well known downtown area with high traffic volume; onsite and abundant parking available. Great sign exposure! Entire building is upgraded, new roof, new wiring, new windows, etc. MLS 1290821.
$60,000. Yogen Fruz franchise located in the food court of the bustling Cambridge Centre Mall. A high traffic area with great lighting and attractive food court seating area. This is a franchise that offers healthy, nutritional & delicious products. MLS 1291573
$19/sqft. Ideal location! High traffic exposure, in popular Cambridge area, right across from the hospital. Offering a versatile layout and a great professional opportunity. Finished office space available and fully air-conditioned. Great for your business venture! MLS 1291312.
154 AINSLIE ST.
65 DICKSON ST.
656 COLBY DR.
1712_DJW_1_0029
1712_DJW_2_0030
1712_DJW_2_0031
$12/sqft. Prominent Commercial space available - 3000 sqft in prime location w/ ample parking is the ideal site for any business. C1 zoning allows for a multitude of commercial opportunities. Close proximity to several well-known establishments & significant community projects. An overall smart choice for your business venture! MLS 1195805.
$10/sqft. Downtown Galt. High vehicular & pedestrian traffic flow, large front windows & sign exposure. Near city hall. Completely renovated inside & out, structurally only 3 years old, w/ new electrical, plumbing, floors & dropped ceilings. 1050 sqft & over $50K in renovations w/ modern decor. MLS 1290941.
$19 all inclusive. Huge space available for great opportunities, for a variety of industrial and office options for your business needs. Seller can customize. Several options for indoor and outdoor storage. For both short term and long term requirements. Basic lease includes utilities. MLS 1291280.
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Volume 12 Issue 05
Commercial Real Estate & Business Opportunities
Kitchener/Waterloo Guelph & Cambridge
508 Riverbend Drive 508 Riverbend Drive Kitchener, Kitchener, ON, ON, N2K N2K 3S2 3S2 Phone: 519-743-5211 Phone: 519-743-5211 OFFICE FFICE/R /RETAIL ETAIL F FOR OR L LEASE EASE O 1,059 SF, $20.00/SF Net 1,059 SF, $20.00/SF Net MLS # 1217295, Guelph MLS # 1217295, Guelph Rd. Join Located on busy Woodlawn Located on busy Woodlawn Rd. Join SubA&W, Turtle Jacks, Galaxy Cinema, A&W, Turtle Jacks, Galaxy Cinema, Subway, Thai Guy, Woody’s Bar-B-Q and GreatThai Glasses way, Guy, Woody’s Bar-B-Q and Gary Boudreau*/ Lester Tobin* Great Glasses
Gary Boudreau*/ Lester Tobin* 380 SF, $1,000/ MTH MLS 1217309, Kitchener 380 SF, $1,000/ MTH Outstanding clean office space in attractive MLS 1217309, Kitchener office building across from Grand River Outstanding clean office space in attractive Hospital. Blake Hull* office building across from Grand River Hospital.
32,680 SF, $15.50/SF Blake Hull* MLS # 1214570, 1214571, 1214572, Waterloo. Space divisible to 24,000 or 32,680 SF,ft. $15.50/SF 16,000 sq. (lease rates will vary). Join MLS 1214570, 1214571, 1214572,Excelanchor# tenant IMS! Prime location. Waterloo. Space divisible to 24,000 lent Access. Parking provided at 4.5 or spaces per 1,000 16,000 sq.sq. ft. ft. (lease rates will vary). Join ColinIMS! Vogel*/Peter Benninger** anchor tenant Prime location. Excel-
lent SF, Access. Parking provided at 4.5 spaces 690 $8.50/SF per 1,000 sq. ft. Kitchener MLS #1212195, Newly renovated unit. Close toBenninger** St. Mary’s Colin Vogel*/Peter Hospital.
690 SF, $8.50/SF Gary Boudreau* MLS #1212195, Kitchener 10,394 SF RETAIL, $24.00/SF Newly renovated Kitchener unit. Close to St. Mary’s MLS #1211514, Hospital. Prime Prime site. Over 30,000 cars Boudreau* daily. Units from 1,800 SFGary to 5,500 SF. Full block frontage. Call for package. 10,394 SF RETAIL, $24.00/SF John Hoffman*
MLS #1211514, Kitchener 13,000 SF OFFICE, $18.00/SF Prime Prime site. Over 30,000 cars MLS #1211519, Kitchener daily. Units 1,800 SFOver to 5,500 SF.cars Exposure to from expressway. 30,000 Full block frontage. Callname for package. daily. Larger users can the building. John Hoffman* Call for your package. John Hoffman*
13,000 SF OFFICE, $18.00/SF EW #1211519, RETAIL N MLS Kitchener 875 to 8,775 SF; $19.00 to $21.00/SF Exposure to expressway. Over 30,000 cars MLS #1141777, 1141808-811, 1141813daily.1141819, Larger users can name the building. 817, 1141820, Kitchener Call your package. Newfor plaza with high exposure and Hoffman* traffic. Located beside highJohn school, high
2,041 2,041 SF, SF, $18.50/SF $18.50/SF MLS #1141775, MLS #1141775, Kitchener Kitchener High profile retail unit with high High profile retail unit with high exposure and traffic. Ample on-site parking. exposureatand traffic. Ample on-site parking. Located Fischer-Hallman& Ottawa S. Located at Fischer-Hallman&Lester OttawaTobin* S. Lester Tobin* 1,915 SF, $8.00/SF MLS 1217681, Heidelberg 1,915 #SF, $8.00/SF Storefront Retail Space. Needs refinishing. MLS # 1217681, Heidelberg Garyrefinishing. Boudreau* Storefront Retail Space. Needs
1,100 1,100 SF, SF, $14.00/SF $14.00/SF MLS #1127753, MLS #1127753, Kitchener Kitchener High profile plaza. Ample on-site parking. High profile plaza. Ample on-site parking. Good tenant support. Good tenant support. Lester Tobin*
Lester Tobin*
MLS #1141808-811, 1141814-817, 1141819 & 1141820, 1141814-817, Kitchener MLS #1141808-811, 875 - 8,775 SF, $21.00/SF 1141819 & 1141820, Kitchener Newly constructed retail plaza with high 875 - 8,775 SF, $21.00/SF exposure and traffic. Centrally located in Newly constructed retail plaza with high high density residential & new residential exposure and traffic. Centrally located in development. high density residential & new residential Lester Tobin*
4,200 SF, $2,500/MTH Gary Boudreau* MLS #1134245, Kitchener 4,200 SF, Rental unit$2,500/MTH with walk-in cooler. MLS #1134245, Kitchener Lester Tobin* 4,810 RentalSF, unit$12.50/SF with walk-in cooler. Divisible to 1,450, 944 or 924Lester SF Tobin* MLS Kitchener 4,810 #1137743, SF, $12.50/SF High profile location. Excellent on-site parkDivisible 1,450,to944 or7/8. 924 SF ing. Greattoaccess Hwy MLS #1137743, Kitchener Colin Vogel* / Mark Hopkins*
3,232 SF, $12.95/SF NET Lester Tobin* MLS #1134075, Cambridge Retail unit$12.95/SF with excellent 3,232 SF, NETexposure and signage on busy Hespeler Rd. Controlled MLS #1134075, Cambridge (stop lights) access to the site. Retail unit with excellent exposure Lesterand Tobin*
850 $12.95/SF ing. SF, Great access to Hwy 7/8. MLS #1137060, ColinKitchener Vogel* / Mark Hopkins* Medical/professional office building close to St. Mary’s Hospital. Free on-site parking. 850 SF, $12.95/SF Elevator. MLS #1137060, Kitchener Lester Tobin*
MLS# 1211103 & 1211101, Waterloo Second in well known award 1,500 tofloor 2,152space SF, $12.25/SF winning bldg. Seconds from expressway, Divisible to 1,500 SF central to KW & Guelph. MLS# 1211103 & 1211101, Waterloo Colin Vogel*
High profile location. Excellent on-site park-
Medical/professional office building close to
1,250 SF, $10.95/SF St. Mary’s Hospital. Free on-site parking. MLS #1137058, Kitchener Elevator. Medical/professional office building close to Lester Tobin* St. Mary’s Hospital. Free on-site parking. Elevator. 1,250 SF, $10.95/SF Lester Tobin*
MLS #1137058, Kitchener 3,000 SF, $2,500/MTH Medical/professional office building close to MLS #1137103, Cambridge St. Mary’s Hospital. Free on-site parking. Second floor open office concept. Elevator. Private entrance. Ample on-site parking. Lester Tobin* Lester Tobin* 3,000 SF,$1,200/MTH $2,500/MTHTOTAL GROSS 600 SF, MLS #1137103, Cambridge MLS #1147047, Waterloo Small with great exposure Secondretail/office floor open unit office concept. to King entrance. St. Private Ample on-site parking. LesterTobin* Tobin* Lester 690 SF, $1,400/Month Net
600 $1,200/MTH TOTAL GROSS MLSSF, #1127444, Waterloo MLS Small#1147047, retail/officeWaterloo unit with good exposure Small retail/office unitNew withleaseholds great exposure in Uptown Waterloo. completed. to King St. Lester Tobin* Tobin* Lester
development.
signage on busy Hespeler Rd. Controlled 1,500 to 2,152 SF, $12.25/SF (stop lights) access to the site. Divisible to 1,500 SF Lester Tobin*
Second floor space in well known award Up to 300,000 SF, $18.00/SF winning bldg. Seconds from expressway, EXCLUSIVE, Waterloo central to KW & Guelph. Build to suit. Close proximity to many amenities. Excellent access toColin Hwy Vogel* 85.
Peter Benninger**
Up to 300,000 SF, $18.00/SF 3,100 SF, $8.00/SF EXCLUSIVE, Waterloo MLS Kitchener Build #1212201, to suit. Close proximity to many Turn-key restaurant with equipment. Locatamenities. Excellent access to Hwy 85. ed near Kitchener’s new regional mega Peter Benninger** courthouse. Lester Tobin* 3,100 SF, $8.00/SF MLS #1212201, Kitchener 924 SF, $2,200/MTH Turn-key restaurant with equipment. LocatMLS #1217306, Kitchener ed near Kitchener’s new Outstanding clean office regional space in mega attractive courthouse. office building across from Grand River Hospital. Lester Tobin* 1,150SF, SF,$2,200/MTH $14.00/SF 924
R. Blake Hull*
MLS #1147355, Kitchener Turn-key res-
MLS Kitchener taurant#1217306, with equipment. Ample on-site Outstanding clean office space in attractive density residential and new residential. parking. NEW RETAIL office building across from Grand Lester Tobin* LesterRiver Tobin* 875 to 8,775 SF; $19.00 to $21.00/SF Hospital. *MLS Sales Representative #1141777, 1141808-811, 1141813www.coldwellbankerpbr.com/commercial R. Blake Hull* 690 SF, $1,400/Month Net **Broker of Record 817, 1141819, 1141820, Kitchener 1,150 SF, $14.00/SF MLS #1127444, Waterloo New plaza with high exposure and MLS #1147355, Kitchener Turn-key resSmall retail/office unit with good exposure traffic. Located beside high school, high taurant with equipment. Ample on-site in Uptown Waterloo. New leaseholds comdensity residential and new residential. parking. pleted. Lester Tobin* Lester Tobin* Lester Tobin* * Sales Representative **Broker of Record
www.coldwellbankerpbr.com/commercial
8331512_1712
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COM_1712.indd 10
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Volume 12 Issue 05
11
Commercial Real Estate & Business Opportunities
O OFFICE FFICE/R /RETAIL ETAIL F FOR OR L LEASE EASE
11,687 11,687 SF, SF, $625,000 $625,000 EXCLUSIVE, EXCLUSIVE, Elmira Elmira Signature office space at prominent Signature office space at prominent intersection in core commercial district.
2,200 SF, $16.00/SF NET 2,200 SF, $16.00/SF NET MLS #1218021, Kitchener MLS #1218021, Kitchener High profile location at the gateway to
intersection in core commercial district.
Peter Benninger**
High profile location the gateway to Kitchener. Good tenant at support. Free on-site
Peter Benninger**
parking. Kitchener. Good tenant support. Free on-site Lester Tobin* parking. 1,005 SF, $12.95/SF Lester Tobin* MLS #1131266, Kitchener 1,005 SF, $12.95/SF Small retail unit in high traffic location near MLS #1131266, Kitchener Kitchener’s Farmer’s Market and Market Small unit available in high traffic location near . Square.retail Parking Kitchener’s Farmer’s Market and Market Lester Tobin*
VARIETY STORE WITH PROPERTY 3,815 SF, S$949,000 VARIETY TORE WITH PROPERTY MLS Heidelberg 3,815 #1211456, SF, $949,000 Well business for over 20 years. MLS established #1211456, Heidelberg Free standing building. Corner lot. High Well established business for over 20 years. sales. High traffic. Free standing building. Corner High Garylot. Boudreau*
1,587 SF, $20.00/SF Lester Tobin* MLS #1142056, Kitchener Equipment included in lease rate. Great tenant 1,587 SF, $20.00/SF support. High traffic location with ample onMLS #1142056, Kitchener site parking. Equipment included in lease rate. GreatTobin* tenant Lester
9,294 SF, $1,950,000 EXCLUSIVE, KitchenerOFFICE BUILDING MEDICAL/PROFESSIONAL Well office building on 0.84 9,294maintained SF, $1,950,000 acres. 92% rented. Ample free on-site parkEXCLUSIVE, Kitchener ing. 7% CAP rate. Well maintained office building on 0.84 Lester Tobin*
Square. Parking available.
support. High traffic location with ample on4,725 SF (1,725 & 3,000) $18.00/SF . site parking MLS #1211115, 1211116 & 1211114, Lester Tobin*
Kitchener High profile plaza adjacent to 400,000 power Just north of Hwy 4,725 SFSF (1,725 & centre. 3,000) $18.00/SF 401, adjacent to Hwy 7/8. MLS #1211115, 1211116 & 1211114, Lester Tobin*
Kitchener High profile plaza adjacent to
1,333 SF,SF$16.00/SF Net Just north of Hwy 400,000 power centre. MLS # 1217280, Guelph 401, adjacent to Hwy 7/8. Located on busy Woodlawn Rd. Join A&W, Lester Tobin* Turtle Jacks, Galaxy Cinema, Subway, Thai Guy, Woody’s Bar-b-q and Great Glasses 1,333 SF, $16.00/SF Net
MLS # 1217280, Guelph Gary Boudreau*/ Lester Tobin* Located on busy Woodlawn Rd. Join A&W, Turtle Jacks, Galaxy Cinema, Subway, Thai 690 SF, $8.50/ Guy, Woody’s Bar-b-q and Great Glasses MLS#1212195, Kitchener Newly renovated unit, Close to St. Mary’s Hospital. Gary Boudreau*/ Lester Tobin* Gary Boudreau*
690 SF, $8.50/ OFFICEKitchener /RETAIL FOR SALE MLS#1212195, Newly renovated unit, Close to St. Mary’s Hospital. 1,260 SF, $349,000 EXCLUSIVE, Kitchener Gary Boudreau*
Excellent location - car lot & sales. Two bay garage plus office. Nice lot. Good traffic exposure. OFFICE/RETAIL FOR SALE Lester Tobin*
sales. High traffic.
MEDICAL/PROFESSIONAL OFFICE BUILDING
Gary Boudreau*
acres. 92% rented. Ample free on-site park-
1,501 SF, $12.00/SF ing. 7% CAP rate. Net MLS# 1147055, Stratford Lester Tobin* Former learning centre. Ample on-site parking. 1,501 SF, $12.00/SF Net Lester Tobin*
MLS# 1147055, Stratford NDUSTRIAL /WAmple AREHOUSE FormerIlearning centre. on-site FOR LEASE parking. Lester Tobin*
3,931 SF , $2.50/SF MLS #1118194, Kitchener INDUSTRIAL /WAREHOUSE Great clean 9-10 ft ceiling. All dry walled. F OR LEASE Storage for documents, distribution company, etc 3,931 SF , $2.50/SF John Hoffman*
MLS #1118194, Kitchener 2,306 SF/ $5.85/SF Great clean 9-10 ft ceiling. All dry walled. MLS 1214032, Kitchener Storage for documents, distribution One drive-in door Small reception area one company, etc finished office with small Mez. Very clean John Hoffman* space.
Kitchener/Waterloo Guelph & Cambridge
508 Riverbend Drive 508 Riverbend Drive Kitchener, Kitchener, ON, ON, N2K N2K 3S2 3S2 Phone: 519-743-5211 Phone: 519-743-5211 7,740 SF, 7,740 SF, $1,500,000 $1,500,000 MLS MLS #1218127, #1218127, Orangeville Orangeville 40’x100’ Drive thru bay doors at either 40’x100’ Drive thru bay doors at either end. 4.16 Acre Lot, compounded yard, end. 4.16storage Acre Lot, compounded yard, outdoor allowed. outdoor storage allowed.John Hoffman* John Hoffman* 5,152 SF, $599,000 MLS #1214696, Kitchener 5,152 SF, $599,000 Two industrial buildings (4,000 MLSsmaller #1214696, Kitchener SF & 1,152 SF). Very suitable for(4,000 autoTwo smaller industrial buildings motive repair with 3 current tenants. SF & 1,152 SF). Very suitable for autoR. Blake Hull*
motive repair with 3 current tenants. R. Blake Hull* LAND FOR SALE
2 Acres, $540,000 LAND FOR SALE MLS #1144687, Kitchener Corner of Trillium & Huron with excel2 Acres, $540,000 lent access to Hwy 7/8 and Hwy 401. MLS Kitchener Many#1144687, uses permitted. Corner of Trillium &Peter HuronBenninger** with excel-
lent access to Hwy 7/8 and Hwy 401. REDEVELOPMENT Many uses permitted. OPPORTUNITY! 12.09 Acres, $7,950,000 Peter Benninger**
EXCLUSIVE, Kitchener Over 1400’ frontage on major arterial REDEVELOPMENT OPPORTUNITY! road in an established urban environ12.09 ment. Acres, $7,950,000 EXCLUSIVE, Kitchener Peter Benninger**
Over 1400’ frontage on major arterial 66.58 $2,200,000 road inacres, an established urban environEXCLUSIVE, Cambridge ment. Under consideration to change OP desPeter Benninger** ignation to industrial. Peter Benninger**
John Hoffman*
66.58 acres, $2,200,000 IEXCLUSIVE, NDUSTRIAL DCambridge EVELOPMENT LAND 5.5 Acres, $434,500 to change OP desUnder consideration MLS #1137617, North Dumfries Twp. ignation to industrial. 4.3 useable acres overlooking Hwy 401. Peter Benninger**
Free standing industrial building for owner user or Ifully rented investment property. NDUSTRIAL /WAREHOUSE Tenants are month to month. FOR SALE Lester Tobin*
5.5 Acres, $434,500 DEVELOPMENT LAND MLS #1137617, North Dumfries Twp. 10.87 acres, $3,600,000 MLS #1047293, Prime 4.3 useable acresBrantford. overlooking Hwyrede401. velopment at high traffic, Less than 5opportunity min for access to 401. high visibility intersection. R. C10-4 Blake Hull* zoning allows for a wide range of uses Colin Vogel* DEVELOPMENT LAND
2,306 SF/ $5.85/SF MLS 1214032, Kitchener INDUSTRIAL /WAREHOUSE SALE One drive-in doorFOR Small reception area one finished office with small Mez. Very clean 8,072 SF, $849,000 space. MLS #1212194, Kitchener John Hoffman*
Less than 5 min for access to 401. R. Blake Hull* INDUSTRIAL DEVELOPMENT LAND
1,260 SF, $349,000 10.87 acres, $3,600,000 8,072 SF, $849,000 * Sales Representative EXCLUSIVE, Kitchener www.coldwellbankerpbr.com/commercial MLS #1047293, Brantford. Prime rede**Broker of Record MLS #1212194, Kitchener Excellent location - car lot & sales. Two bay velopment opportunity at high traffic, Free standing industrial building for owner garage plus office. Nice lot. Good traffic exhigh visibility intersection. C10-4 user or fully rented investment property. posure. zoning allows for a wide range of uses Tenants are month to month. Lester Tobin* Colin Vogel* Lester Tobin* 8171433_1712
www.coldwellbankerpbr.com/commercial
* Sales Representative **Broker of Record
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Volume 12 Issue 05
Commercial Real Estate & Business Opportunities
Kitchener/Waterloo Guelph & Cambridge
508 Riverbend Drive
508 Riverbend Drive Kitchener, ON, N2K N2K 3S2 3S2 Kitchener, ON, Phone: 519-743-5211 519-743-5211 Phone: L LAND AND FOR FOR S SALE ALE
B BUSINESS USINESS F FOR OR S SALE ALE
COMMERCIAL DEVELOPMENT LAND C OMMERCIAL DEVELOPMENT LAND 4.49 Acres, $1,995,000 4.49 Acres, $1,995,000 EXCLUSIVE, Kitchener EXCLUSIVE, Highly visible, Kitchener high traffic site. Central to Highly trafficemployment site. Central lands. to existingvisible, retail &high proposed Peter Benninger** existing retail & proposed employment lands.
62 SEAT RESTAURANT 62 SEAT ESTAURANT 1,800 SF,R$149,000 1,800 SF, $149,000 MLS #1124086, Waterloo MLS #1124086, Waterloo Established for over 25 years. Great locaEstablished over. 25 years. Great location. Liquor for license Lester Tobin* tion. Liquor license. RETAIL/RESTAURANT PROPERTY Lester Tobin* INCLUDING BUSINESS ETAIL/RESTAURANT PROPERTY R 13,000 SF on 1.01 acres, $1,950,000 BUSINESS INCLUDING MLS #1128315, Woodstock 13,000 SF on solid 1.01 acres, $1,950,000 Freestanding brick building on 1 acre MLS Woodstock lot in #1128315, Woodstock’s newest retail node. Currently operating as brick a restaurant/bar Freestanding solid building onwith 1 acre patio. Liquor licensenewest for 312. lot in Woodstock’s retail node. CurLesterwith Tobin* rently operating as a restaurant/bar
Peter Benninger**
25.22 acres, $995,000 EXCLUSIVE, Cambridge 25.22 acres, $995,000 parcel available imIndustrial development EXCLUSIVE, Cambridge mediately. Zoned (H) M3. Industrial development parcel available imPeter Benninger**
mediately. Zoned (H) M3.
LANDBenninger** HIGHWAY COMMERCIAL Peter 1.43 acres, $549,000 MLS #1144743, Highway #7 IGHWAY COMMERCIAL LAND H Located between Kitchener and Stratford. 1.43 acres,commercial $549,000 zoning. Highway MLS #1144743, Highway #7 Lester Tobin*
Located between Kitchener and Stratford. LOT ON HESPELER 80’ X 181’commercial Highway zoning. RD NET Tobin* $585,000 OR $3500 PER MONTHLester
EXCLUSIVE, Cambridge Very rare to find a lot of this size on Hespeler 80’ X 181’ LOT ON HESPELER RD Rd. Former car lot. Can be redeveloped. NETHoffman* $585,000 OR $3500 PER MONTH John
EXCLUSIVE, Cambridge Very rareINVESTMENT to find a lot of this size on Hespeler FOR SALE Rd. Former car lot. Can be redeveloped. 28.59 acres (approx) $20,500,000 John Hoffman*
EXCLUSIVE, North Dumfries 3 buildings, 281,864 total sq. ft. Industrial INVESTMENT OR SALE investment opportunity inF97/401 business park. Fully occupied, long term leases. 28.59 acres (approx) $20,500,000 Peter Benninger **
EXCLUSIVE, North Dumfries SF, $639,000 37,222 buildings, 281,864 total sq. ft. Industrial MLS #1134251, Kitchener investment opportunity in 97/401 business Investment property. Great potential return on park. Fully occupied, long term leases. investment. One retail unit (available for rent Peterand Benninger ** or owner user) plus one 3-bed three 2-bed apartments.
7,222 SF, $639,000 Lester Tobin* MLS #1134251, Kitchener 16,164 SF, $995,000 Investment property. Great potential return on MLS #1144108, Cambridge investment. One retail unit (available for rent Investment property with one unit or owner user) plus or onelease. 3-bedRetail and three 2-bed available for a user and resiapartments. dential mix Lester Tobin* Tobin* Lester
patio. Liquor license for 312. RESTAURANT WITH PROPERTY Lester Tobin* 1,900 SF on 1.43 acres, $549,000
MLS #1144743, Highway #7 WITH ROPERTYon a high RESTAURANT97 Freestanding, seat P restaurant traffic commercial lot. $549,000 1,900 SF on 1.43 acres, MLS #1144743, Highway #7Lester Tobin*
Freestanding, 97 seat restaurant on a high MULTI-FAMILY FOR SALE traffic commercial lot. Lester Tobin* MULTI-RESIDENTIAL INVESTMENT MLS #1211539, $429,900 MULTI-FWaterloo AMILY FOR SALE Excellent legal accessory apartment, fully rented, close proximity to University. 2 large units featuring 3 bedrooms each. MULTI -RESIDENTIAL INVESTMENT Property shows very well $429,900 MLS #1211539, Waterloo Eric Reiner*
Excellent legal accessory apartment, fully rented, proximity to University. 2 40 Unitclose Apartment, $2,600,000 large units featuring 3 bedrooms each. MLS #1215041, Kitchener Great location Property showsnear veryVictoria well Park. Building is rich with character.Eric Contact Reiner*
listing sales representative for info pkg. Colin Vogel* 40 Unit Apartment, $2,600,000 Peter Benninger**
MLS #1215041, Kitchener Great 1217830, location near Victoria Park. MLS Waterloo 35 Units/ is144 $10,512,000 Building richBeds with character. Contact Three directly across from WLU. listing buildings sales representative for info pkg. Recently constructed featuringColin 3,4 &Vogel* 5 bedroom suites, fully rented, separately mePeter Benninger** tered for hydro. Oversized units, in-suite
6-PLEX -- $659,000 6-PLEX $659,000 MLS #1214873, #1214873, Kitchener Kitchener MLS Well maintained 6-plex in desirable Well maintained 6-plex in desirable Forest Hill neighbourhood. Oversized Forest Hill neighbourhood. units, some with balconies. Oversized 5 - 2 bedroom units, with unit; balconies. 5 - 2 metered bedroom units, some 1 - 1bdrm separately units, 1 - 1bdrm unit; separately metered for hydro. Mike Flynn* for hydro. Mike Flynn* MLS #1137499, Waterloo 41 Units / 205 Beds $18,199,000
MLS #1137499, Waterloo Brand new 41 unit 205 bedroom ICF in41 Units 205 Bedslocated $18,199,000 vestment /property very close to Brand new 41 unit 205 bedroom inUW and WLU. Property featuresICF a 7% vestment located very CAP rate,property private bathrooms forclose each to bedroom,and oversized bedrooms, elevators, UW WLU. Property features a 7% common hydro CAP rate,rooms, privateseparate bathrooms formeters each bedand LEED quality room, oversized bedrooms, elevators, construction. common rooms, separate hydro meters Eric Reiner* and LEED quality construction. Eric Reiner* For Commercial Real Estate Solutions in Canada's Technology Triangle, contact any one of our sales repFor Commercial resentatives, or Real Estate Solutions in Canada's call 519-743-5211.
Technology Triangle, SALES REPRESENTATIVES: contact any one of our sales repGary Boudreau, ext 3029 resentatives, or Mike Flynn, ext 3037 call 519-743-5211. Roman Ginzburg, ext 3103 John Hoffman, ext. 3040
SALES REPRESENTATIVES: Mark Hopkins, ext. 3020 Gary Boudreau, 3029 R. Blake Hull, extext 3032 Mike Flynn, extext 3037 Shawn Quilty, 3106 Eric Reiner, ext 2099 Roman Ginzburg, ext 3103 LesterHoffman, Tobin, ext. John ext.3023 3040 Colin Hopkins, Vogel, extext. 3110 Mark 3020 R. Blake Hull, ext 3032 Shawn Quilty, ext 3106 BROKER OF RECORD: Eric ext 2099 PeterReiner, Benninger, ext. 3000 Lester Tobin, ext. 3023 Colin Vogel, ext 3110 Proudly Serving
BROKER OF RECORD: MLS 1217830, Waterloo Eric Reiner* Peter Benninger, ext. 3000 35 Units/ 144 Beds $10,512,000 Three buildings directly across from WLU. 16,164 SF, $995,000 * Sales Representative Recently constructed featuring 3,4 & 5 bedwww.coldwellbankerpbr.com/commercial Proudly Serving MLS #1144108, Cambridge **Broker of Record room suites, fully rented, separately meInvestment property with one unit tered for hydro. Oversized units, in-suite available for a user or lease. Retail and resilaundry. dential mix Eric Reiner* Lester Tobin* * Sales Representative **Broker of Record
laundry.
www.coldwellbankerpbr.com/commercial
8331507_1712
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COM_1712.indd 12
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Commercial Real Estate & Business Opportunities
Grant Kuhn 519-896-8431
Sales Representative 519-588-7654 Grant.Kuhn@ulmergroup.com
FOR SALE KITCHENER: 1 Acre, 4200 sq ft. industrial building Sale Price: $695,000.00 Centrally located close to expressway, 200 amp, single phase power, newer roof, 3 drive in doors 12ft x 14ft., 16 ft. clear ceiling height, small office, environmental to be completed.
REGIONAL ROAD CORNER LOCATION 11244802_1712
David J. Yahn Broker
Kitchener/Waterloo Guelph & Cambridge
Volume 12 Issue 05
Direct at: 877.740.0326
KITCHENER/BRESLAU: 1/2 Acre, 3450 sq ft. Commercial zoned Sale Price: $719,000.00 Newer 2 year old building, 1100 sq ft. of professionlly finished office, showroom, kitchennette, 2 wahrooms, 900 sq ft mezzanine used as trainning room, Geothermal heating, 2 drive in shipping doors 10 x 10 ft., paved drive, 200 amp electrical service, great exposure, 1800 sq ft house also on property rented month to month with income of $10, 800, annually. Taxes $6100 (2012), This property “Must be Seen” to be appreciated!
10701420_1712
KITCHENER: 1 Acre, 5000 sq ft. industrial building Sale Price: $825,000.00 Excellent location, paved driveway, 200 amp 3 phase electrical power, 20 ft clear ceiling height, 3 drive in bay doors 12ft x 14ft, main floor office, showroom and mezzanine.
ASKING $299,695 for Major Intersection Location in Southwest Cambridge. Suitable for Office and Retail space. Easily divided, 1900 square feet with C2 zoning. Display windows, partial basement, multiple entrances exist. Two HVAC systems and 9 foot ceilings. Parking available for up to 8 vehicles. MLS 1195771. See our website for more info and photos at www.HomesByHolmes.com
1312_DJW_0019
businesssavvy
Advice on financing a small business
W
hether you need start-up capital or cash to purchase equipment or manage your
cash flow, access to sufficient credit is integral to running a successful small business. Banks offer a variety of financial solutions for your business, including business lines of credit, mortgages, loans, overdraft protection and creditor insurances, and credit cards.
Alec Morley, Senior Vice President, Small Business Banking, TD Canada Trust offers advice on securing financing for your small business: 1. Decide what credit product is right for you. There are a number of options when it comes to securing financing for your business. For example, a business line of credit is a fixed amount of money that a company can borrow but the borrower only pays interest on the amount actually used. This sort of credit will help you deal with the ever– changing demands of your business. While a business
loan, which is a loan granted for the use of a business, is an excellent way to finance purchases or expand your business. 2. State why you need the loan. Ensure your business plan clearly articulates the amount of money you need and accurately explains exactly what you intend to do with it. 3. Demonstrate your ability to repay the loan. Come armed with personal and business reports and cash flow projections to demonstrate how you’ll repay the loan. 4. Show your passion. You must be willing to invest some of your money into the business. Address what you would do if you didn’t get the loan to demonstrate persistence and commitment to your business. Further advice on financing a small business is available online at www.tdcanadatrust.com/smallbusiness/resources.jsp. NC
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Commercial Real Estate & Business Opportunities
Volume 12 Issue 05
Kitchener/Waterloo Guelph & Cambridge
mortgageminute
Don’t Quit Your Day Job By Peter Kinch
T
here has been a predictable trend in the Canadian real
estate market over the past four years. Every fall, the government warns us not to get overburdened with ‘cheap’ debt. They tell us that rates have nowhere to go but up and then, just before they have the option to raise rates, something happens in the global market that impedes the US recovery and forces the Bank of Canada to stand pat. The continued low rate environment encourages homeowners to access more equity and allows the housing market to grow. By January the government gets more concerned
about an overheated housing market and begins turning up the volume on calls for consumer restraint. By March, the Finance Minister decides that rhetoric is not enough and chooses to tighten mortgage rules to slow down consumers in efforts to avert an over-heated housing market. Ironically, this action triggers an early start to the spring market as home buyers adapt a ‘Get in while you can’ mentality and rush to make purchases before the new rules take effect. In effect – the government actions create a mini ‘buying frenzy’ that helps to buoy prices and keep the housing market moving along – the very thing they were trying to avoid in the first place. Cont’d on page 23
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Commercial Real Estate & Business Opportunities
Kelly DaCosta team
519-740-6999 • info@KellyDaCosta.com
VIP INVestoRs PRoGRam Kelly DaCosta Sales Representative
We screen all tenants & prepare lease for you
www.investyourequity.ca
remax real estate centre inc., brokerage - independently owned & operated 519-623-6200
Kitchener/Waterloo Guelph & Cambridge
Volume 12 Issue 05
Cindy DaCosta Sales Representative
ATTENTION INVESTORS LEGAL 8 PLEX $599,900 FREE STANDING INDUSTRIAL BUILDING - $379,900 • P hase 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
• L egal 8 Plex in excellent neighbourhood, • New driveway, one bachelor unit, six 1 bedroom units, and one 3 bedroom unit available. • MLS 1290122.
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NOW LEASING- PLAZA TO BE BUILT
WELL MAINTAINED TRIPLEX $339,900 • W ell maintained Triplex offering two 1 bedroom units, and one 2 bedroom unit! • Located close to Kitchener’s Downtown Core! • MLS 1290119.
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• 13 Units Available • 990-22,000 sqft • 32,170 Est Daily Traffic
visit www.kellydacosta.com
• A nchor tenants-Tim Hortons, RBC, Boston Pizza & Wendy’s • MLS 1291697 1712_DJW_1_0469
#KellyDaCosta1
11250759_1712
8668463_1712
Cell: 519-369-7279 Bus: 519-364-3711 Res: 519-364-5720 Fax: 519-364-6452 dteeter@wightman.ca
WILFRED McINTEE & CO. LIMITED, BROKERAGE
Cell: 226-668-0154 Bus: 519-364-3711 Res: 519-881-0819 Fax: 519-364-6452 janadentinger@hotmail.com
208 - 10th Street Hanover, Ontario N4N 1N7
Doug Teeter Sales Representative
Jana Dentinger Sales Representative
www.mcintee.on.ca
New price
$575,000 - ONE OF A KIND 292 ACRES!
$469,000 - LOCATED ON 13.62 ACRES! Adaptable to many uses & presently set up for hardwood flooring manufacturing. 600 amp. hydro service plus plus septic system & drilled well. Also possible to build your own home. Phase 1 enviromental assessment available. Call to day 1712_DJW_0454 to view!
Excellent retreat property ideal for hunting. Lots of wildlife. Possible campground or many other ventures, hunting camp etc. Approx 125 acres mixed bush, balance in low land. Located on main highway just 2 miles west of Owen Sound. Gravel lane off Hwy. 21. Beautiful building location. Hydro, telephone available at highway. Call for sketch of property. 1712_DJW_0455
$229,900 - EXCELLENT OPPORTUNITY FOR YOUR OWN BUSINESS!
2000 sq. foot home in A1-condition on beautiful lot 66'x330'. Excellent workshop & garage 26'x36' and 18'x20' on the property. Ideal for trucking business or other types. Everything on the property is in excellent condition. Call today to view or if you need more information. 1712_DJW_0456
New listiNg
$599,000 - EXCELLENT 10.65 ACRES RESIDENTIAL & COmmERCIAL PROPERTY
$100,000 - HANOVER LIGHTING LANES 10 PIN BOWLING ALLEY!
Only one in Hanover. Seating for 154, bar, lounge area, arcade, billiard area, pro shop & outside patio. Beside motel & across from new community arena & aqua centre. High traffic location. Equipment, income & expense statements to interested buyers only through listing agent. Lease $24,000 gross first year. 1712_DJW_0457
$10.00/mTH - FOR LEASE
8350 square feet of commercial retail space. Ready to move into. Immediate possession. High traffic area in downtown Hanover. Call today to view! 1712_DJW_0458
1 1/2 Mi. from Hanover on paved road. 17 yr. old bungalow. Eat-in kitchen w/patio doors to deck. L.R., 3 bdrms, 2 baths, finished rec. room w/wet bar, wood stove & walkout. Double car garage. Insulated workshop 64' x 40', propane heat, pit w/exhaust system, overhead door, 2 pc. bath, office & loft for 1712_DJW_0459 storage. Cement pad. Two 200 amp. services.
Please say you saw it in The Commercial Investor
COM_1712.indd 15
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Commercial Real Estate & Business Opportunities
Volume 12 Issue 05
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_1712.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 Direct: 519.672.9891 ext 241
tRILAnd REALty REAL EstAtE bROkERAgE
ggicopoulos@r oya lle pa ge .c a w w w .georgegic opoulos.c om
9995828_1712
Great Investment property in the heart of Ingersoll. A-1 condition. Property houses a well known profitable Grillhouse Restaurant on the main floor and basement + 2 self contained 2 bedroom apartments above. Net income of over $40,000 per year. Business also for sale. Call George for complete details.
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INGERSOLL - $425,000
Great opportunity to buy a well known Casual Dining Franchise with the property at an unbelievable price. GREAT PACKAGE DEAL! Completely renovated inside and out on a lot of over 2 acres of land. Former Burger King. Training, assistance w/ financing and on-going support provided. Restaurant scheduled to open April, 2012. Call George for complete details. 1712_DJW_2_0466
PROPERTY & BUSINESS IN ESSEX - $999,000
Roadhouse Business (Sales in 2 million range) + Property (Net $167,000). Approximately 14,200 sq. ft. of commercial space + 9 apartments. Corner location with approx. 39,000 sq. ft. property with about 40 paved parking spots. Fully tenanted. Call George for complete details.
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ROADHOUSE BUSINESS W/ PROPERTY - $1,975,000
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1712_DJW_0475
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ProPerty with Business
FISH & CHIPS RESTAURANT AND PROPERTY - $495,000
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. 7 a.m. to 7 p.m. Closed Sundays and holidays. Call George for details. V.T.B possible.
Southwest Ontario
Volume 12 Issue 05
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. Price of over 10% Cap makes this a good investment in today's market. Business also for sale. Call George for details.
ROADHOUSE RESTAURANT BUSINESS - $475,000
Great casual dining restaurant in operation for 3 years. Estimated sales for year 3 over 2 million. Approx 82/18 food to alcohol ratio. Absentee ownership. 5 year lease with 3-5 year renewal options. Property also for sale at 10% Cap Rate. Call George for details.
CARE-FREE INVESTMENT IN EXETER - $525,000
One very attractive building net, net lease to a very successful, well known Franchise European Style Cafe. Building consists of the main floor cafe plus 3 residential units above all leased to the main floor Tenant. Owner has nothing to do except collect the rent. Call George for details.
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i n v e s t m e n t P r o P e r t y o n ly
CORNER BUILDING IN HANOVER - $475,000
Solid brick building in the middle of Town. Former bank presently operating as a Coffee Culture Cafe & Eatery on main floor with 2 bedroom apartment above. Main floor tenant leases entire building on a net-net basis. Care-Free investment! Call George for complete details.
FREE-STANDING BUILDING IN WALLACEBURG - $395,000
Former Pizza Hut Restaurant on the main commercial node of Wallaceburg next to popular hotel. Plenty of on-site, paved parking. Ideal for any kind of Restaurant or other uses. Property also available for lease. Call George for complete details.
RETAIL/OFFICE SPACE FOR LEASE IN EXETER - $13.00 SQ. FT. NET
30 minutes North of London in the middle of Exeter's commercial district. 2,000 sq. ft. previously used as a Mac's Millk next to Dairy Queen. Corner location at Victoria Street with great visibility and easy access. Attractive building with curb appeal and plenty of windows. Close to schools, arena and recreation fields. Commercial zoning that permits many uses.
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c o m m e r c i a l / r e ta i l f o r l e a s e
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.
FOR LEASE - LONDON - CORNER LOCATION $14.00 SQ. FT. NET, NET
Great corner location, previously used as a Restaurant with patio. Endunit of 2,400 sq. ft. with great visibility and signage. Easy access. Owner willing to divide for the right Tenant. Ideal for Fast Food Restaurant but many other uses available and possible at an affordable rate on this busy location near Fanshawe College. Call George for Details.
Please say you saw it in The Commercial Investor
COM_1712.indd 17
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Volume 12 Issue 05
11234136_1712
Commercial Real Estate & Business Opportunities
Southwest Ontario
Don Patchett Sales Representative
8482205_1712
Office: 519.539.5646 Cell: 519.421.8911 Toll Free Cell: 888.314.6333
RETAIL CORNER! $299,900
$299,900 High traffic, high exposure corner. Wilson St. has regional commercial node w/ Walmart, Cdn Tire, Home Depot, No Frills, etc & 401 access. This former beauty salon has a portion of the main floor and all of 2nd storey as residential but could easily be converted to commercial or offices. 690 Peel Street, Woodstock. 1312_DJW_1_0447
11245697_1712
www.DonPatchett.com
Reid Dundas, Broker
&Maggie Whitcroft,
Sales Representative Located in St. Marys – 15 minutes South of Stratford, 20 minutes Northeast of London
2.2 acres of prime commercial development property zoned Highway commercial. Located on main street, St. Marys, close to 3 car dealerships, The Beer Store, local hospital, a restaurant, etc. Call today to discuss the possibilities and the reasons you need to consider St. Marys for your business. MLS 420787.
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. MLS 700823.
$385,000
$575,000
‘inveStment potential’
$250,000
This prime 1 acre building site has amazing potential. Located on a busy artery, across the road from Canadian Tire & Foodland Mall. With C3 zoning, your options are many. $250,000. MLS 090243.
‘multi uSe building’
1312_DJW_2_0003
commercial building lot
‘tHe KirKton marKet’
1312_DJW_2_0002
$550,000
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commercial development
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. MLS 101456.
$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. MLS 699641.
For more information contact www.reiddundas.com Please say you saw it in The Commercial Investor
COM_1712.indd 18
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Commercial Real Estate & Business Opportunities
Southwest Ontario
Volume 12 Issue 05
11236833_1712
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Volume 12 Issue 05
Commercial Real Estate & Business Opportunities
BE SEEN IN THE LIMELIGHT! Southwest Ontario
Highlight your hot, new and unique listings. Feature 2 properties and your agent photo in a full colour quarter page ad.
Reserve your space today! 416-784-5060.
11255546_1712
Independently Owned and Operated
262 JOSephine St., WinGham
www.remaxlandexchange.ca
PRIME OFFICE SPACE
broker of Record Cell:
519-531-1177
TWO PRIME COMMERCIAL/DEVELOPMENT PROPERTIES
1712_DJW_0095
PRIME INVESTMENT property; 2 commercial units, corner location; triple A tenant; lots of parking; 5,700 sq. ft. building; $309,000.00.
1712_DJW_888
Land exchange Ltd. brokerage
Renate SiebeR
8340571_1712
Wingham Office: 519-357-3332 Goderich Office: 519-524-1900
VACANT COMMERCIAL LAND
100’ frontage (1.3 ac). 300’ frontage (1.1 ac). Highway commercial zoning. In the centre of Wingham/North Huron. Could be purchased together or separately. MLS #899416 $385,000 and MLS #472883. $525,000.
INVESTMENT
1712_DJW_0098
Just East of Wingham on #86. 2.26 acre zoned VC2-1. High traffic location. Water/sewer at property line. MLS #544627. $165,000.
2000 sq. ft. close to Hwy #86 w/ good access. New 10’ x 10’ fiberglass door, 1-BR apt currently rented. Low-maintenance steel exterior & steel roof. Call Renate. $129,000.
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Volume 12 Issue 05
21
Commercial Real Estate & Business Opportunities
519.797.5500 Cell. 519.374.4448
Harold Fenlon
Bus.
Broker
MULTIPLE LISTING SERVICE
email: h f e n l o n @ b m t s . c o m www.haroldfenlon.ca
8297239_1712
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$3
$5
COTTAGE COURT 736 BROOK LANE, PORT ELGIN
$6
$6
http://myhomes.360photo.ca/6540
http://myhomes.360photo.ca/5520
COTTAGE COURT 320 ELGIN STREET, PORT ELGIN
THE MAPLE’S COTTAGES 650 HIGHLAND STREET, PORT ELGIN
0
90
$6
COTTAGE COURT 199 ELGIN STREET, PORT ELGIN
Excellent buisness opportunity. 4 fully rented cottages & spacious family home, situated on a professionally landscaped lot, interlocking brick patio & spring fed creek. 2 B.R. Cottages #1 - 560 sq. ft., #2-560 sq. ft, #3 - 560 sq. ft. & #4-720 sq. ft. Sellers willing to rent house for minimum 1 year. 1712_DJW_0411
Well maintained business close to beach. ‘THE MAPLES’ consists of 7 - 2 bedroom units, 1 - 3 bedroom unit recently built & a 3+ bedroom residence. All buildings are in excellent repair. All units fully rented year round. Many improvements include new roofs, 2 gas fireplaces in 2 units. 1712_DJW_0410
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http://myhomes.360photo.ca/6510
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Cottage park known as ‘Amethyst Cottage Court’ features 7 cottages; 4 3- bedrooms, 2 2-bedrooms & 1 1-bedroom. All cottages are 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 enjoyable. 1712_DJW_0409
Three (3) exceptionally well maintained, winterized, 2 Bedroom cottages. Just a short distance to sand beach. All cottages offer, air conditioning, natural gas heat, fire pit, parking, plus come fully equipped & furnished & so much more. 1712_DJW_0408
, 79
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http://myhomes.360photo.ca/6509
McIntee’s Top Salesperson
2004, 2005, 2006, 2007, 2009, 2010 & 2011
Southwest Ontario
Southampton
$6
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http://myhomes.360photo.ca/3844
http://myhomes.360photo.ca/7028
LOCATION! LOCATION! LOCATION! 273 MILL STREET, PORT ELGIN
BUSINESS OPPORTUNITY 196 HIGH ST., SOUTHAMPTON
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 accommodation for owner, well-established clientele. 1712_DJW_0412
Fantastic Southampton location. Business include 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 & newer insulation & wiring. 1712_DJW_0413 11239820_1712
Sutton - Huron Shores Realty Inc. Brokerage Independently Owned and Operated
19 Albert St. S, Southampton 519-797-1007 | 1-888-727-1007 JUST LISTED
NEW PRICE
171 High St., Southampton. Prosperous fully equipped downtown restaurant. Income also from two furnished rental apartments. Finance available to qualified buyers.
$500,000
1712_DJW_0085
HWY COMMERCIAL PROPERTY
$209,900
$399,900
Doug Freiburger Sales Representative
FANTASTIC OPPORTUNITY
588 Goderich St., Port Elgin. Previously the home of the popular “Strauser’s Tavern”. Full kitchen, office, men’s and ladies washrooms. It was licensed for 231 inside & 60 on the patio.Selling building & land only.
388 Green St., Port Elgin. The “Poplar Cottages” consist of 11 fully furnished Rental cottages & a 3 bedroom bungalow with full basement. Located a very short walk to Port Elgin’s sandy beaches.
$479,900
1712_DJW_0086
PRIME HWY COMMERCIAL LOT
164 Albert St. S., Southampton. 4 Bedroom Century Home plus 2 storey Insulated & heated detached shop. Located directly across from Tim Hortons.
Brian Shular Broker of Record
TURNKEY RESTAURANT OPERATION
145 Albert St. S., Southampton. 945 acres located directly across from Tim Hortons & the well-known Southampton Market.
1712_DJW_0088
$339,000
1712_DJW_0087
1712_DJW_0089
522 Goderich St., Port Elgin. All chattels included (list available). Seats 48 inside & approx. 40 outside on patio. Excellent location with plenty of parking.
$40,000
1712_DJW_0090
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Volume 12 Issue 05
Commercial Real Estate & Business Opportunities
ROY A. BOYES REAL ESTATE 519.397.0928 BoyesRE@Live.com
11253208_1712
Southwest Ontario
GAS STATION
Net 400K, 5m litres Asking 2.9m
GAS STATION
Net 300K, 3.2m litres Asking 1.9m
GOLF COURSE
Gross 850K, 18, Range Asking 1.9m
GOLF COURSE
Gross 1.2m, 18, 125 Acres Asking 2.4m
STORAGE PLAZA RETIREMENT HOME STORAGE RESTAURANT FRANCHISE STORAGE GAS STATION LAND GOLF COURSE
245 Doors - Asking $1.3m Asking 2.7m 11CAP when Full, 2 Vacant 360K Per year, Full Asking 1.3m 82 Doors and 2 Rental buildings. Full, Asking 800K Gross 2.3m Only 600K 160 Doors - Asking $900K 1.5 Acres, Corner, Asking 225K 27 Holes - Gross $1.7m - Asking $3.9m
AALSO: Winery, Mobile Home Parks, Single Tenants, and Apartment Buildings
8297271_1712
Wilfred Mcintee & Co. liMited BroKerAGe
Unit 2 - 334 Sykes Street South, Meaford, ON N4L 1X1 Phone: 519-538-3240 Toll Free: 1-877-434-SALE (7253) Fax: 519-538-5087
$485,000 OR $5/SQ FT
Andy Andersen CRB Broker
E-mail: andy.andersen@mcintee.ca Residence Phone: 519-538-3273 Direct Line: 519-270-3273
www.mcinTEE.cA
$499,900
$2,450,000
LARGE INDUSTRIAL SITE Close to downtown Meaford with good buildings already in place to set up your business. Or it would make a great redevelopment site. Sale will be restricted to anyone in a competing business. Seller has moved to new and larger premises. #3035-KN. 1712_DJW_0444
GREAT INVESTMENT INCOME PROPERTY In downtown Meaford. Corner property overlooking Big Head River. Consists of 4 apts on 2nd level and 2 stores on main floor. 3rd floor is undeveloped & could be finished into 3 more apts, subject to town approval. Would make a great owner/user building for your own business. #3104-RI. 1712_DJW_0445
INVESTMENT OPPORTUNITY KNOCKS 27 unit apartment complex consisting of 3 separate bungalow style buildings & 1 older 2 storey building located in downtown Meaford. 26 of the units enjoy a full bsmt for storage, 3 of the buildings have laundry facilities in common with other tenants. Residents can enjoy the gazebo overlooking the Big Head River and there is a BBq for tenants use. Parking is provided. Walk to all amenities downtown. #3130-LE 1712_DJW_0446
$599,900
$450,000
$499,900
BUILDING & PROFITABLE RESTAURANT Meaford downtown building with profitable restaurant included in price. 60 seat restaurant open for breakfast & lunch. Busy & popular with steady clientele. Building has 2 bdrm apt on 2nd level & 1 store is rented to New Orleans Pizza. Large warehouse at rear could be used for additional income. #3178-DO 1712_DJW_0448
FANTASTIC OPPORTUNITY Purchase a residence & profitable carpet cleaning & car detailing business located on 1 site. 3 bdrm house with eat-in kitchen, partially finished bsmt. Spa room with pine walls in bsmt with large jet tub. 800 sq ft shop for business with overhead door & at back of shop is small supply storage area with work bench. Large backyard for recreation. #3208-BA 1712_DJW_0449
MOTEL/RESTAURANT IN MEAFORD 2 storey, 12 unit motel with a 36 seat restaurant. Easy walking to all amenities. 3 bdrm apartment. Rooms & residence have been upgraded & redecorated along with the outside of the building over the past few years. All rooms have free wireless hi-speed internet & cable TV. A well established business. #3150-ON 1712_DJW_0447
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Volume 12 Issue 05
23
Commercial Real Estate & Business Opportunities
mortgageminute The above pattern has repeated itself for the past four years since the subprime crisis and there is little to suggest that it is about to change. As the ongoing debt crisis in Europe continues to unfold, it is only logical to conclude that as countries like Greece come to terms with their reality, the stronger Euro countries like France, Germany and the UK will be rattled. The ripple effect will make its way across the pond to the US and inevitably Canada. The result will be a prolonged period of record low rates as central bankers around the globe look for ways to stimulate their economies and bankers start adapting more conservative policies. And so, Jim Flaherty and Mark Carney will continue to warn Canadians against the perils of over-borrowing and being overextended in the event rates do start to rise. But again, they will be powerless to use rates as a tool to slow down borrowing habits, so instead, they will do a combination of ‘talking down’ the market and tinker with the rules – and so the pattern is repeated. While this plays itself out on a bureaucratic level in Ottawa, Canadian banks are being lauded for their conservative nature and low risk approach to lending. An approach that has frustrated would be borrowers in recent years, but garnered praise from the global banking community. As a real estate investor, this pattern has become predictable, but the real question is; what does it mean to you? When the government looks at tinkering with mortgage rules, they tend to target the ‘fringe’ players in the market – those deemed to be the highest risk of default. Whether we like to believe it or not, two borrowing groups who are considered to be on the fringe are real estate investors and self-employed borrowers and when you combine these two – you get a borrower who is considered even less appealing to the banks. So, it should come as no surprise to the selfemployed real estate investor that certain rule changes are targeted directly to them. It should also come as no surprise that the way you went about arranging a mortgage in 2007 is not necessarily the way it will be done today. As banking rules tighten up around the globe, investors will soon realize that Canadian banks are less inclined to take on clients that they perceive to be a higher risk.
forgiven for taking on a negative attitude, but the reality is now, more than ever, that it’s time for perspective. It’s time for investors to take a step back and quit comparing today’s lending environment to that of 2007 and lamenting ‘the way things used to be.’ The fact is, we need only return to a few years before that to see that there was no such thing as a 30 year amortization and everyone had to put at least 25 per cent down to avoid high ratio insurance. There weren’t too many programs for self-employed borrowers and buying rental properties had a variety of restrictions. By 2006, all that had changed as the global banking community seemed to have lost all sense of restraint in its quest for more market share and higher returns. In Canada, we saw amortizations shoot from 25 to 40 years. The Minimum down payment on a rental property went from 25 per cent to zero. Self-employed borrowers only needed to ‘state’ their income and as long as the cash flow on a rental property was positive, they could still get a mortgage with little or no money down at fully discounted rates. And although many still lament the loss of these programs, it is important to remember, that is was these reckless lending practices (particularly in the US) that eventually led to the subprime crisis and the subsequent global credit crisis that followed. So, it should come as no surprise that Canadian banks are leading the charge to return to its conservative roots and reign in any lending deemed to be ‘risky’ in nature. However, this again is where a little perspective is important. When an elastic band is stretched, it can never go back to its original form. Like the elastic band, Canadian banks are retrenching from their fully stretched days of 2007 but they are not reverting all the way back to where they were in the 1990s. If a real estate investor looks at the marketplace over a 10 to 15 year perspective, then today’s banking environment for real estate investors is more relaxed than it was 15 years ago. At the end of the day, the secret is simply to understand which sandbox you’re playing in.
Southwest Ontario
Continued from Page 14_Don’t Quit Your Day Job
With all the changes that have taken place over the past four years, an investor could be
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Commercial Real Estate & Business Opportunities
Volume 12 Issue 05
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
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Volume 12 Issue 05
25
Commercial Real Estate & Business Opportunities
NS WI R FE OF ST BE
11253276_1712
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?
SOLD ED Y I’M EMPLO
Turn key next to Theatre Aquarius. Selling due to health reasons. Well established, fully equipped & liquor license.
$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
OR FOR LEASE $2000/MNTH
5011_DJW_1_0454
Nino’s Ristorante
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”
BURLINGTON COMMERCIAL OPPORTUNITY “Take It To The Next Level”
Prime location Burlington opportunity & lots of commercial possibilities to expand or to convert to office, plaza, medical facilities on 5100 sq. ft. on one floor dwelling. Used as Chinese buffet style restaurant for 24 yrs. 105.3’ (.66 acre) allows 43 parking spots. Curious?
$1,489,997 or make an offer
Scan QR Code for Smart Phones & Blackberry Users. Quick Easy access to Al’s Listings.
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Commercial Real Estate & Business Opportunities
Volume 12 Issue 05
THE WISE INVESTOR HOW TO ESTABLISH THE “MAXIMUM LOAN AMOUNT” ON AN INVESTMENT PROPERTY By Dino Nicosia, Broker of Record, Investpro Realty and Appraisal Ltd. Brokerage
Hamilton
When buying an investment property, unless you are assuming existing financing or the Seller is taking back a loan, the chances are you will be arranging a new mortgage. On a conventional mortgage, Lenders will use seventy five percent of the purchase price to determine the maximum loan amount they are legally allowed to lend without CMHC insurance; however the Net Operating Income (NOI) and Debt Service Ratio may also influence the maximum loan amount. The following example will help you understand the process, and hopefully you will have a better idea how much financing is available on your purchase. Let’s suppose the Purchase price is $ 1,450,000.00 and the NOI (also known as Income before Debt Service) is $100,000.00. Assuming the Debt Service Ratio used by the lender is 1.2, and then the following formula will be used; 1. Divide the NOI ($100,000) by DSR (1.2) = $ 83,333 2. $83,333 is the portion of your NOI that will be allocated for financing 3. Divide $83,333 by 12 months = $6,944.00 this amount is the monthly allocation for financing 4. Establish current interest rates (assume it is 6% per annum) 5. Find the interest rate factor for 6% (from mortgage table) = 6.39807 per $1000 6. Divide $6,944.00 by factor of 6.39807 = $1,085.22 7. Multiply $1,085.22 x 1000 = $1,085,220.00 Therefore the maximum “Loan To Value” based on Debt Service Ratio is $1,085,220. However as already mentioned, on a conventional mortgage the Lending Institutions are still restricted by law and cannot exceed 75% of the Purchase Price. The Maximum Loan amount that may be achieved on this Purchase, based on the 75% LTV is $1,125,000.00, (Purchase Price $1,450,000 X 75%). However the Debt Service Ratio allowed a maximum of only $1,085,220.00 in financing. Depending on the Lender, the mortgage may be restricted to the lower loan amount unless the mortgage is insured by CMHC. 8171452_1712
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Commercial Real Estate & Business Opportunities 9558936_1712
Brokerage The Apartment Building Specialists
Dino Nicosia, Broker of Record www.investprorealty.com
“Your Investment Partner for Life”
PHONE: 905-631-6500 FAX: 905-631-6505 dino@investprorealty.com
SOLD
1712_DJW_1_0464
1712_DJW_1_0463
1712_DJW_1_0462
SOLD
SOLD
SOLD
1712_DJW_1_0467
1712_DJW_1_0466
1712_DJW_1_0465
SOLD
SOLD
SOLD
1712_DJW_2_0470
1712_DJW_2_0469
1712_DJW_1_0468
SOLD
SOLD
1712_DJW_0471
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10 UNITS East Hamilton Mountain. Asking $769,000. For more details visit our website.
Hamilton
Volume 12 Issue 05
4 UNITS In the heart of rejuvenated downtown Hamilton...Fully rented and totally renovated. Great cash flow. A must to view. For more details, visit our website.
9 UNIT APARTMENT BUILDING
5 UNITS
Fully rented, minutes to downtown. On main bus route. New stucco in 2011. Roof re-shingled in 2007. Asking $439,000.
Great East Mountain neighbourhood. A rare find. For more details, visit our website.
1712_DJW_0472
1712_DJW_0473
ARE YOU THINKING OF SELLING? THIS IS THE TIME. CALL FOR FREE PROPERTY VALUATION. Please say you saw it in The Commercial Investor
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Volume 12 Issue 05
Commercial Real Estate & Business Opportunities
8181482_1712
28
Steve Robes
Sales Representative Email: steverobes@royallepage.ca www.s te v e ro bes. com
WELL ESTABLISHED RESTAURANT WITH LICENSED PATIO
905-574-4600 1-877-574-4601 FANTASTIC OPPORTUNITY
Hamilton
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.
To own this well established, rare to find, flooring and paint business. Turn key operation, great exposure in high traffic plaza. Impressive store front. 3200+ sq. ft. and great lease term. Please do not go direct. Call L.A. for details. List of Chattels. Inventory extra.
1312_DJW_1_0041
1312_DJW_2_0456
OVER 30 YEARS OF OPERATION MOTIVATED SELLER
$800/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. $30,000.
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.
1312_DJW_1_0066
1312_DJW_2_0429
11250266_1712
Looking for apartment building. 40 units plus. Qualified clients are ready to buy. Please call.
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Volume 12 Issue 05
29
Commercial Real Estate & Business Opportunities
Financing Multi-Unit residential (over 4 units) and Mixed Use properties
- Down payment requirements generally start at a minimum of 25% down with lenders often requiring up to 35% down. - Interest rates offered by lenders start at 1% - 2% higher than best discounted residential rates and rise from there depending on the property, location and strength of applicant(s). - An appraisal of the property is always required by the lender. The cost of a Commercial appraisal ranges between $2,000 and $3,000 for most properties up to 20 units. - Some lenders require a Phase One Environment while others do not. - Overall credit rating and net worth of the applicant(s) is still assessed however less importance is placed on personal debt servicing ratios. - Lenders heavily assess and rely on the debt servicing of the actual property. - Lenders are much more selective when it comes to location of the property. Most lenders dealing in Commercial type mortgages have specific lending areas where they are much more aggressive. With Commercial mortgages, the best lender for a specific property is very dependent of where the property is located and as such using a local Mortgage Broker or local lender is generally of great advantage to the borrower. - There is generally an administration / set up fee payable to the lender with a non-refundable deposit often required by the lender upon acceptance of a commitment. The fee is generally returned if an issue arises due to the appraisal or inspection of the property. - The lender’s legal fee is generally payable by the borrower. The legal fee is not much different from that of a residential property.
Hamilton
The financing requirement for Multi-Unit Residential and Mixed Use properties are very different from what the average consumer is accustomed to in dealing with residential mortgages. The main differences are as follows:
Financing these types of properties is extremely different from residential. It is very important to surround yourself with experts in these types of properties, be it a Real Estate Agent, Mortgage Professional, Insurance Agent or Lawyer. This will save you a considerable amount of time and money and ensure that you are fully prepared with the knowledge and resources to make this investment as stress free and prosperous as possible. Rob Cagnin, CFP, AMP Mortgage Architects, brokerage#10287 tel (905) 634 6111 ext.113 fax (905) 634 6117 www.robcagnin.ca fsco agent #M08003068
Ray Silvestri, AMP Mortgage Architects, #10287 tel (905) 634 6111 ext. 112 fax (905) 634 6117 www.raysilvestri.ca fsco agent #M0800278
11253537_1712
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Volume 12 Issue 05 8480969_1712
Commercial Real Estate & Business Opportunities
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 - 20 yrs. • Delivery service. • Hundreds of regular accts. • Easy to expand cover age. • Huge potential.
359,000
$
10339498_1712
1712_PROD_1_1014
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 FOR LEASE 1712_DJW_1_0237
RETAIL/OFFICE FOR LEASE
PRIME DOWNTOWN LOCATION Hamilton’s premier mixed use building consisting of 220 residential units, 70,000 sq. ft. of office and retail space w/underground parking and convenient adjoining surface parking. Close to all downtown core amenities and services. Economically priced space available: Unit 115 -1898 sf - prime corner ground floor retail/office, only $15.95/sf Gross; Suite 202 - 2288 sf, handicap accessible 2nd flr office, only $13 Gross and suite 300 - 9612 sf, formerly a fitness centre w/ large windows & rooftop access, ideal for a yoga/fitness centre, office or similar use. Lld may assist w/improvements. Immediate possession. Call for details.
1712_DJW_1_0051
1712_DJW_1_0047
RETAIL/OFFICE FOR LEASE
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. Available uinits: 6 & 7 - 2,350 sf, divisible to 1,175 sf units and unit 2 - 2,550 sf. Units are available for immediate occupancy and are ideal for medical, retail or office uses. Premises in excellent condition. Abundant parking.
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., asking $10.95/sf net. Ideal for most retail/office uses. Immediate possession.
RETAIL & OFFICE FOR LEASE
INDUSTRIAL FOR LEASE
1712_DJW_1_0475
1712_DJW_0103
1712_DJW_0104
RETAIL/OFFICE FOR LEASE
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 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.
DUNDAS Prime plaza location along this busy Governor’s Road. Excellent corner exposure to high traffic at signalized intersection. Close proximity to schools & res. areas. Units available: 2,620 sq. ft. plus usable basement was previous Variety store use, some improvements in place, ideal for same or most other retail/office uses, Lld may divide and 1,300 sq. ft. plus useable basement ideal for retail/office uses. Good parking. Immed. poss. Priced to lease at $10.95 & $11.95/sq. ft. net.
EAST STONEY CREEK Bright and clean newer industrial building with 16,000 sq. ft. of well laid out manufacturing and warehouse space. The premises offers 18’ ceilings, 2 loading and 2 drive-in doors, fully sprinklered, skylights, paint booth room & good power. Building ideal for many industrial uses including light manufacturing and warehouse uses. Easy access to major roads and QEW highway. Additional office space available. Immediate possession. Good parking. Asking only $4.90/sf net.
Please say you saw it in The Commercial Investor
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31
Commercial Real Estate & Business Opportunities
inthenews
Small Business reaction to 2012 Ontario Budget
A
Hamilton
fter years of consistent lobbying, the Canadian Federation of Independent Business (CFIB) is pleased that the government has acknowledged the main challenge facing Ontario’s budget are salaries, pensions and the size of the broader public service.
“The government should be credited with presenting a tough plan to cap program spending increases at one per cent and limit the spiraling costs of public sector pensions,” said Plamen Petkov, CFIB’s Ontario director. “However, much of this plan depends on public sector unions putting water in their wine and accepting restraint in wages, positions and pensions,” Petkov noted. “We’ve seen no evidence that unions will agree to any change regardless of how dire the state of Ontario’s finances.” Public Sector Pensions: The budget notes that pension costs will nearly double by 2017 unless action is taken. “CFIB is pleased government has committed to limit taxpayers’ exposure to massive unfunded pension liabilities, but believes the steps they outline will not produce the needed savings. The size and scope of unfunded pension liabilities are so significant, we cannot wait for reviews or dispute resolution processes to produce results,” said Dan Kelly, CFIB’s senior vice-president of legislative affairs. Pooled Pensions/Payroll Taxes: Small firms will be let down about government plans to tie implementation of pooled registered pension plans (PRPPs) to a mandatory increase in Canada Pension Plan (CPP) premiums. “We are disappointed that government will not allow Ontario small businesses and employees to benefit from lower-cost pooled pensions unless a national agreement is reached to increase CPP. In addition, the budget takes no
action to address the ongoing threat of rising Workplace Safety and Insurance Board (WSIB) premiums and liabilities,” Kelly noted. Business Taxes: While the freeze on corporate income tax reductions was widely rumoured prior to the budget, the freeze on Business Education Tax reductions will be an unwelcome surprise to many small firms expecting a cut to this profit-insensitive form of capital tax.“With government counting on business for growth and job creation, delaying these tax measures is poorly timed,” Petkov added. “Overall, small business will be pleased the 2012 Ontario budget appropriately puts a major focus on implementing many of the Drummond Commission recommendations. CFIB will support any efforts on the part of the government and opposition parties to live up to this tough mandate, but worries that delivering on the plan depends deeply on public sector unions suddenly waking up and listening to the call for restraint,” concluded Petkov.
Please say you saw it in The Commercial Investor
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Commercial Real Estate & Business Opportunities
Volume 12 Issue 05
8171399_1712
Re/Max escarpment Realty Inc Brokerage
Hamilton
442 NEW LAKESHORE ROAD, PORT DOVER $1,395,000 Uncompromised beauty here in Pt Dover - Immaculate 2 acre diverse prop inc 2000 sq ft ranch ext reno’d in 93,4 winterized rental cottages generate good income. 4 tiered terrace/break wall sys ensures erosion protection of 206 ft of shoreline. 3 Eco-flow septic sys, cistern, well c/a in main houses & ‘02 blt Northlander cottage. Awesome opportunity to live and work at the Lake! 1712_DJW_1_0478
1712_DJW_1_0477
EVENT DECOR BUSINESS $29,900
Fantastic opport to operate your own bus w/ minimal investment. Established special events - wedding decor business operating since ‘05 w/ steady revenue increase. Serves HaldNorfolk Cnty w/ rm to expand. Incls 10 ft mobile stor trailer, huge list of inventory. Owner willing to advise/consult during transition. Be your own boss in this creative industry! 1712_DJW_1_0414
231-235 CHESTNUT ST., DUNNVILLE $259,900
Excellent N.O.I. approx $38,400 (projected) inclds 3 2-bdrm units & 1 1-bdrm unit all on UL. Lower level inclds office #1 w/long term tenant approx 1700 sqft, retail # 1 approx 1700 sqft area in process of being rented. Great investment opportunity! 1712_DJW_0452
CANOPY BUSINESS $149,000
Exciting profitable bus opp-perfect for 2nd income or unlimited potential to expand & grow w/ virtually no competition. Inclds $112,000 of inventory-subject to change. 2010-2011 gros profit 49K as high as 107K. P&L avail. Estab since 1991. Inclds phone #, website, customer/ wholesaler list, price catalogue, etc. 1712_DJW_3_0416
2071 MAIN ST S, JARVIS $744,000
37 MAIN ST W SELKIRK $99,900 LIVE AND WORK HERE!
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). Inc 1200 gln cistern & ind septic system. Live and work here! 1712_DJW_1_7403
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. 1712_DJW_1_0065
UNIQUE CORNER PROPERTY $99,900
Lrg crnr prop loc in the heart of Nelles Corners. Comprised of 2 former parcels now merged. Former parcle # 1 zoned MR incl 34x60 ft post & beam 2.5 stry barn-previously used for seed cleaning. Former parcel 2-zoned RH allos for poss 1 fam dwelling. Ftrs 24x36 trpl car gar w/ 3 drs, conc flr & hydro. N/gas at or near lot. 1712_DJW_2_0417
2 MAIN AVENUE W, FISHERVILLE $214,000
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. 1712_DJW_1_2301
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.
1 DON JON BOULEVARD, PORT DOVER $699,000
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 1712_DJW_4_0401
AUTO BODY BUSINESS FOR SALE $69,000
Autobody specialist or mechanic technician. Turnkey bodyshop bus avail. Ftrs 3400 sqft insul htd shop w/ reasonable $1200/mth lease. Ftrs cert GREEN waterborn paint syst w/ cert booth $15,000 - new 2011. Inclds approx $12,000 of paint inventory, 14’ clgs, 3 overhd 10x12 gar drs, 3 PH power w/ stepdown transformer. P&L avail. 1712_DJW_0453
1020 UPPER WELLINGTON HAMILTON WOW $29,000
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. 1712_DJW_4_0416
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.
Please say you saw it in The Commercial Investor
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Volume 12 Issue 05
33
Commercial Real Estate & Business Opportunities
businesssmarts
Canadian investment in Florida surges You’re not alone. According to the National Association of Realtors fully
25 per cent of all Florida Real Estate sold in the 12 months ended June 2011 was sold to non-residents of the U.S. Non-resident sales totalled $ USD 12.7 Billon. Of these, Canadians comprise the largest portion and account for 39 per cent of the non-resident
11253949_1712
market.
Paul R.J. Martindale (Broker of Record) WESTDALE - FOR LEASE
Among Canadians, cash is king. While Canadians have a distinct advantage over nationals of other countries in obtaining financing, a higher percentage (91 per cent) of sales were all cash, versus sales to other non U.S. nationals (87 per cent all cash). While vacation home users still account for the largest share (40 per cent) of the market, down from 50 per cent the year before. Investors are taking an increasing prevalence however and now account for 23 per cent of the market. A report by Florida Realtors on Oct 17th of 2011 cites increasing rents and other factors in estimating the investor market as high as 40 per cent of all home sales.
Hamilton
T
hinking of investing in Florida?
Experience bears out the strength of the rental market – in some condos rents are up 10 per cent over August, 2011 for the identical unit. Look for well over 1 per cent of the purchase price for monthly rent in quality downtown buildings. 1.5 per cent is not unusual. Another factor favouring investment is solid price gains through the first half of 2011, after what appears to be a bottom at the turn of the new year. Since that time median condo price is up 21 per cent in each of Tampa and Orlando and 27 per cent in Miami. The suburban markets we monitor have latterly however given up most of their earlier gains. Statistically non-resident sales are typically at higher prices than those to U.S. residents. While the report attributes this to the type of property being purchased it is also possible that non-residents tend to pay more for the same properties. Many nonresidents are reticent to participate in the distressed sale market which is seen as more labour and risk intensive. According to RealtyTrac however, in 2011 to date the average bank sale sold at a price 38 per cent below comparable properties (presumably absent distress). Short sales pose equal opportunity for those with experience and the proper strategy. Whether for investment or vacation however, many believe we have passed the bottom. Canadian ownership in Florida has never been stronger.
COMMERCIAL SPACE (287 SF) AVAILABLE. High volume traffic area beside bus stop, ground floor of mixed use building at easterly side of WESTDALE VILLAGE. Walking distance to McMaster w/ parking available. ‘H’ zoning allows for many uses including office/ consultants, variety store/coffee shop & more. Well managed & clean property. $600/month includes T&M. Tenant pays hydro (&heat) only. Visit our website & click on ‘apartments for lease’, then choose 782-6 King Street location for exact layout. Contact Paul Martindale to book a viewing today! 1712_DJW_1_0048
Allistair A. Trent is a Sales representative with RE/MAX CONDOS PLUS CORP. BROKERAGE in Toronto and develops Florida portfolios for investors in Canada and Asia.
‘Offering Independent, Objective Advice... Because We’re An Investment Company First.’ 15+ years Private Realty & Commercial Investment Experience
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Volume 12 Issue 05
Commercial Real Estate & Business Opportunities
Marilyn Edworthy
Ken Pidsadny
Sales Representative
Sales Representative
905.522.6001
Chase Realty Inc. Brokerage
marilyn189@gmail.com 11250754_1712
905.522.6001 ken.pidsadny@sympatico.ca
Call Marilyn or Ken for details on any of the listings. We have plenty of inventory. Ask and you shall receive
1712_DJW_3_0005
1712_DJW_3_0006
1712_DJW_2_0003
Listed for $314,900 Hamilton East
Listed for $172,900 Hamilton Central
Hard working money maker. 5 yrs newly built, 9 bedrooms, 3 baths, structure. Potential yearly gross income $43,200. Generous cash flow. Rooming house. Freshly painted. Located on a busy street! Options for extra income!
Mixed use. Commercial/Res. Long term tenants. Potential up side on rents, rebuilt interior, stucco facade. 6% low operating costs. 7% cap rate. Qualified Buyer - Seller will assist.
Recently built semi. Centrally located. 2+1 bdrms, 1.5 bth’s, lvrm, kitchen, dinette, main flr laundry, finished basement. All brick structure. Seller may assist with financing.
Listed for $294,900 Hamilton Central Hamilton
1712_DJW_2_0004
1712_DJW_3_0007
Listed for $294,900 Hamilton Central Seller has licence for rooming house. 8 bedrooms, 3 baths. Potential income. $32,000 gross yearly. Recent structure - low maintenance costs. Near General Hospital. Lots of options for extra income. Call for details.
1st timE invEstors Let us work for you. We’ll walk you through the process. Let our 35 years of Honesty, Integrity and Proven Success be your guide to your investment opportunity. Unlock the door. Let’s get you investing!
Listed for $172,900 Hamilton Central Vacant - quick possession. 5 yrs new, 2&1 bd, 1.5 bth, good starter home. Low operating cost. 1 of 3 semi’s or all can be purchased.
Please say you saw it in The Commercial Investor
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Volume 12 Issue 05
35
Augie Ammendolia
Broker
BROKERAGE
250 Main St. W. Hamilton Suite #1 (just West of Queen St.) L8L 1J6 For information on these properties E-mail me at:
8471320_1712
Commercial Real Estate & Business Opportunities
905-527-6713 : 905-518-6713
OFFICE NO:
augie@cogeco.net
CELL
or visit my website
www.augieammendolia.com
905-522-6001
HAMILTON INCOME PROPERTIES HAMILTON CENTRE RETAIL BUILDING
HAMILTON CENTRE - COMMERCIAL/ RESIDENTIAL BLDG.
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. 1712_DJW_2_0456
Great opportunity presently rented to 3 tenants. Approx. 6,000 sq ft. Possible land assembly with adjacent properties presently for sale. $599,900. 1712_DJW_1_0459
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. 1712_DJW_1_0458
Hamilton
HAMILTON CENTRE - PRIME COMMERCIAL CORNER LOT
FORMER QUEENS TAVERN/BAR
12 UNITS KING ST. EAST In the heart of vibrant Ottawa St Business District, former Queens Tavern, Bar with retail units and 16 room lodging above. Ideal for Theme Restaurant with bed and breakfast or as lodging operation. Corner location high visibility and recognition. $1,197,900
1712_DJW_2_0462
g n i d Pen le Sa 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. Possible 3 further units under development. 1712_DJW_1_0023
HAMILTON CENTRE - COMMERCIAL BLDG. 70,000 SF APPROX.
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 and Business. 1712_DJW_1_0433
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. 1712_DJW_1_0457
TRIPLEX - POPULAR SOUTH CENTRAL HAMILTON
TRIPLEX NEAR THEATRE AQUARIUS
$3
24
,9
00
MAGNIFICENT 9-PLEX
Magnificent Century Home converted to 9 well-appointed modern apartments. High ceilings, marble fireplaces, tenant parking, separate hydro meters, on site laundry, Trendy South Central Hamilton location near International Village/Downtown and Stinson School Loft Condo Development. $689,900. 1712_DJW_2_0461
Duplex & coach house in popular trendy South Central location amongst striking stately homes close to downtown & Stinson School lofts development. 2 2-br units & 1 3-br unit. Gross annual income of $34,740. 1712_DJW_0478
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. 1712_DJW_1_0455
Please say you saw it in The Commercial Investor
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Volume 12 Issue 05 8181662_1712
Commercial Real Estate & Business Opportunities
Coldwell Banker Pinnacle Real Estate, Brokerage
905.388.1110 / 1.877.938.1110 ramzi@ramzitwal.com | www.ramzitwal.com 775 Upper Wentworth St. Hamilton ON
Hamilton
BUSINESS MOVERS
fOR lEaSE
Capture the market at its Spring Summer peak to maximize profit. Turnkey operation. Serving GTA for over 10 years, rated A+ by Better Business Bureau. Business is fully licensed and insured. 3 trucks, experienced crew, trained crew of 8. Present and future bookings included in the sale. Seller willing to train.
Medical or Health professional offices for lease on Hamilton mountain. 1000-3000 square feet. 1500 square feet Fabulous location minutes to Juravinski & St. Joseph’s Hospitals & Linc access. Close to all amenities and on major bus routes. Previously a doctor’s office. Plenty parking. 2000 square space in a strip plaza in East end Hamilton. Suitable for retail store, nail salon, beauty shop/hair dresser or professional offices. Pleanty of parking next to Municipal parking with excellent exposure. Asking $1,300 per month plus utilities. 1375 square feet unit located in the hub of Hamilton’s major shopping centre. High traffic & visibility. Access from 2 roads. Abundant parking, low TMI. Seconds to the Linc. Neighbors Limeridge Mall, Fortinos, Staples, McDonalds, Tim Hortons. Lessor will demise up to 1,500 square feet. 2750 square feet unit located in the hub of Hamilton’s major shopping centre. High traffic & visibility. Access from 2 roads. Abundant parking, low TMI. Seconds to the Linc Neighbors Limeridge Mall, Fortinos, Staples, McDonalds, Tim Hortons.
BUSINESS Upscale hair dressing, nail salon & aesthetic studio on a busy intersection near Limeridge Mall. Plenty of parking, established client base. 4 pedicure, 4 massage, 4 hair stations, 2 wax rooms. willing to train.
INVEStMENt Rare Hamilton Mountain investment opportunity on the corner of Upper Wentworth and Mohawk Rd. Zoned Residental/Commercial. Limeridge Mall vicinity. Two buildings fully rented. Excellent exposure with unlimited potential. Call for details.
businesssavvy
Organizing your home office
B
eing organized is an ideal goal. For the 50 per cent of working Canadians who work from home at least occasionally, or maintain a home office, organization is especially important. Being productive is a direct result of being organized, but the thought of where to start and how to go about it may be overwhelming. The good news is, a few simple steps can make a major difference.
Clear the Clutter: Being organized starts with cutting out the clutter. Too often our offices are crammed with machines, supplies and pieces of paper, making our workstations seem completely dysfunctional. When it comes to paperwork, limit the documents you keep in hard copy. Scan your documents and store them on your computer’s hard drive. Shredding the hard copies will make an immediate difference in the amount of space you have. Multifunction centres such as Brother MFC machines can help you do this. They are versatile, easy to use and compact. label and file: Once you decide what documents you need to keep in hard copy, make sure they have a designated place. To achieve this, an effective labelling system is a no-
brainer. Colour code and label your files so everything is clearly identified and easily accessible. Assign a colour category to your files, such as green for financial documents, and blue for personal papers. Organization also extends to how you manage your contacts. If you tend to do a lot of mailings, investing in a label printer with software that allows you to save your contacts is the way to go. There are some great electronic labellers on the market that can be purchased in most office supply stores or online on websites like brother.ca. establish offiCe routines and stiCk to them: To avoid falling into the“disorganization rut”once again, you need to implement a daily or weekly routine. Take a few minutes each day to sort through every piece of paper that comes into your office. As tedious as this may be, this system will help you stay organized and keep things running smoothly. An organized mind is a productive mind. At the end of the day, make a to-do list for the next day and set it out on your desk so, it’s ready when you come in. Not only will this help you be more efficient, it will help de-clutter your mind so when you leave the office you can focus on things other than work. NC
Please say you saw it in The Commercial Investor
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Volume 12 Issue 05
37
Commercial Real Estate & Business Opportunities
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_1712.indd 37
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Volume 12 Issue 05
Commercial Real Estate & Business Opportunities
Smart Choice Realty Solutions Brokerage Office: 416.743.2285 leohara@rogers.com
Leonardo Hara
647.668.4272
SaleS RepReSentative
www.leonhara.com PLAZAS: – – – – – – – – – – – – – – – – – – –
8148048_1712
LeASe
Toronto $17.9 mil - Retail/Development opportunity with McDonalds Toronto - never vacancy - 8 mil - 7.6% Cap Rate AAA Tentant in Windsor - 7 mil - 7.5% Cap Rate Shoppers Drug Mart - 400 km west - 6.1 mil - 7.6% Cap Rate Toronto - 5.5 mil - 6% Cap Rate newer plaza with A tenants Peterborough plaza - 4.9 mil - 9.5% CR - Sold Conditionally Texas plaza - AA tenants - 4.85 mil - 10% Cap Rate Fergus - 4.5 mil 9% Cap Rate Bellville – 2.8 mil – 2 plazas – 8.6% Cap Rate ( Potential) Stratford – 2.7 mil - 9% Cap Rate – Potential -11% Mississauga plaza - 2.7 mil - 8% Cap Rate 220 km West - Staples Plaza 2.65 mil - long lease - 7.2% Cap Rate Bank - Windsor - 2.45 mil - 6% Cap Rate - long lease Plaza - 130 km west -2.4 mil - 7.5 Cap Rate Midland - Nice Plaza - 1.3 mil - 8% Cap Rate North Ontario - New Bargain Shop - 990K - 11% Cap Rate 280 km West - 7 very good tenant plaza - 989K - 9.5% Cap Rate LCBO - Windsor - 630K - 7% CR 280 km West - 5 unit plaza - 440K - 10% Cap Rate LeASe
– Scarborough - 100,000 sf at industrial building - Great location – Toronto - divisible 16,500 sf of office space - 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
– – – – –
ProjectS/deveLoPment, LAnd Markham - 20 acres zoned commercial/residential - 20 mil Orangeville 53 acres - Business Park - 4 mil 3 acres Scarborough - 1.6 mil - Industrial Zoning Orangeville 60 acres Estate Residential - 990K Orangeville 17 acres - Employment Area - 990K
– – – –
APArtment buiLdingS/moteL/hoteLS 36 unit building in Kitchener - Condo Status - 6.7% CR potential 104 apartments - 4.5 mil - 250 km West of Toronto Barrie - Hotel - 3 mil - 10% Cap Rate Montreal 48 units building - 3.7 mil - 6.9% Cap Rate
– – – – – –
feAtured LiStingS Oakville Office/Retail Building 10.9 mil - 33,000 sf Mini Storage - 2 mil - 90 km West Kitchener - Medical Building - 1.95 mil - 7% Cap Rate Mississauga - Medical Building - 1.74 mil - 6.45% Cap Rate Office Building - Windsor - 1.285 mil - 11% Cap Rate Retirement Home - 13% Cap Rate - Sold Conditionally
Greater Toronto Area
Let a real estate investor, manager & realtor help you sell, buy or manage properties, implementing optimal marketing, management and investing strategies...
Please say you saw it in The Commercial Investor
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Volume 12 Issue 05
39
Commercial Real Estate & Business Opportunities
$800,000
PROF OFFICE BLDG COMPLETEY RENOVATED INSIDE & OUT! APPROX 2,700 SQ FT, MOVE IN CONDITION! EXCELLENT STREET EXPOSURE! IDEAL FOR LAWYERS, DOCTORS & OTHER PROFESSIONALS!
AMAZING VALUE IN TRENDY RONCESVALLES VILLAGE! LIVE & WORK OR GREAT INVESTMENT OPPORTUNITY! WELL ESTABLISHED BEAUTY SALON! BUSINESS INCL IN SALE PRICE!
LIVE & WORK IN THE HEART OF CITY CENTRE! RENT OR RUN YOUR OWN BUSINESS ON THE MAIN LEVEL! 2ND LEVEL IS RENTED FOR $950/MONTH & TENANTS IS WILLING TO CONTINUE! IDEAL INVESTMENT!
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! 1712_DJW_0442
$264,900
GREAT COMMERCIAL UNIT IN THE SOUGHT AFTER AIRPORT BUSINESS CENTRE! CAN BE USED FOR RETAIL/COMMERCIAL USE! FRONTAGE USED PRESENTLY AS A SHOWROOM! PLENTY OF PARKING AT THE BACK & SIDE + 2 PC BATH! 1712_DJW_0441
$299,000
PROFITABLE PRINTING SHOP IN BUSINESS FOR THE LAST 38 YEARS! TONS OF POTENTIAL! OWNER WILLING TO TRAIN! OVER 400K GROSS PER YEAR! 100K IN EQUIP & $100K IN SUPPLIES INCL IN SALE PRICE! 1712_DJW_0440
$390,000
$190,000 WELL ESTABLISHED LIGHTING & SUPPLY COMPANY! GREAT EXPOSURE THROUGHOUT THE GTA & SOUTHWEST ONTARIO! ONGOING TRANING PROVIDED, $75K INVENTORY, YEARLY REV BETWEEN $350-800K
$135,000 FANTASTIC OPPORTUNITY TO OWN A CREATIVE HAND MADE JEWELERY & ACCESSORY STORE! 1,332 SQ FT, TRAINING WILL BE PROVIDED, INVENTORY INCL, $2772 RENT WHICH INCLS TMI, LEASE EXTENSION AVAILABLE!
Greater Toronto Area
BRAND NEW 1,951 SQ FT UNIT IN A NEWLY DEVELOPED PLAZA! TONS OF PARKING, EXCELLENT EXPOSURE! IDEAL FOR PROFESSIONALS & SMALL BUSINESS OWNERS!
1712_DJW_0439
$450,000
1712_DJW_0438
$520,000
1712_DJW_0437
$550,000
$649,900
1712_DJW_0436
IDEAL CORNER LOCATION! STORE WITH 3 APARTMENTS! IDEAL FOR INVESTMENT! TOTAL MONTHLY REVENUE IS APPROX $4500/MONTH! TOTAL AREA OF 3,300 SQ FT! 1712_DJW_0435
1712_DJW_0434
HIGH PROFILE CORPORATE HEADQUARTERS! APPROX 20,000 SQ FT, ROOFTOP BILLBOARD OFFERING GREATE INCOME! SHORT DRIVE TO TORONTO & PEARSON AIRPORT!
1712_DJW_0433
1712_DJW_0432
1712_DJW_0431
8975448_1712
$6,399,000
$69,900 TASTEFUL PITA PLACE WITH A PATIO! EAT IN OR TAKE OUT! EASY OPERATION! PROFITABLE INCOME! IN THE HEART OF LITTLE ITALY! MONTHLY SALES OF 17K! RENT INCL TMI $4,200/MONTH!
Please say you saw it in The Commercial Investor
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Commercial Real Estate & Business Opportunities
Volume 12 Issue 05
Tony Giannini Sales Representative
BROKERAGE 77 City Centre Dr. Suite #106, Mississauga ON.
9774309_1712
4 Bay coin car wash, coin laundromat. Four apartments with room to expand. Great investment with multiple incomes. Located close to Newmarket and being the only game in growing town. More info. Call Tony. Asking $1,049,000. 1712_DJW_2_0034
905-275-9400 Toll Free 1-888-228-9669 Email: agiannini@trebnet.com
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.
1712_DJW_2_0035 1712_DJW_1_0036
1712_DJW_1_0078
Greater Toronto Area
MORE EXCLUSIVE CAR WASH LOCATIONS AVAILABLE • 4 Bay Coin Car Wash Business only (Toronto). Asking $112,500 • 4 Bay Coin Car Wash (Kawarthas). Asking $899,900 • Full service Automatic Car Wash (Niagara). Asking $1,055,000 • 8 Bay plus separate Rental Bldg (GTA). Asking $1,950,000 • 6 Bay Coin Car Wash, Automatic & Commercial Rental income (Hamilton). Asking $1,850,000 • Full service Automatic Car Wash & Detailing (Halton). Asking $2,400,000 • Touchless Tunnel with Rental income Plus More Land to build Coin Bays (Simcoe area). Asking $1,650,000 • 4 Bay Coin & Touchless Car Wash located on Main Street (Simcoe area). Asking $1.860,000 Call for details & viewing
1216 sq ft unit in superb Brampton location across from Chrysler Plant with many other businesses bringing multitude of customers to this very busy plaza. Allows a wide range of retail & commercial uses. Great user/investor unit. Priced to sell!! Call now for more details & viewing. Asking $319,900.
Brand new corner unit in a prestigious Mississauga plaza with exposure to busy street. $$$ spent on improvements in this 2258 sq ft unit. Call now to view. Asking $759,000.
1712_DJW_3_0041
1712_DJW_2_0042
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
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Volume 12 Issue 05
41
Commercial Real Estate & Business Opportunities
Greater Toronto Area
11237352_1712
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Volume 12 Issue 05
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
9508017_1712
First Time Home Buyers & Real Estate Investors
✓ ✓ ✓ ✓
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
$
1712_MARCP_1_3335
N
$2 899/ 2 M RO 4, ON DO 90 TH W 0 ZE
1712_MARCP_1_3334
$
N
$2 949/ 4 M RO 9, ON DO 90 TH W 0 ZE
ZE
$
1712_MARCP_1_3333
N
$2 899/ 2 M RO 4, 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
N
1712_MARCP_1_3341
49
W
N
4 /M RO 9, ON DO 90 TH 0 ZE
$2
$9
1712_DJW_1_0429
ZE
$1
$7
4
W
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9 9/ RO 5, MTH DO 00 0
1-800-290-5164 ID#5122 FREE 24 HRS RECORDED INFO
1712_MARCP_1_3339
1712_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
N
ON
W
6
ZE
$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
$ LY $ ZE 24 949 RO 9, /M DO 90 TH W 0
1712_MARCP_1_3337
1712_MARCP_1_3336
N
$
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
$2 899/ 2 M RO 4, 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#5132 FREE 24 HRS RECORDED INFO
Fuzion Condo King Street 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_1712.indd 42
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Volume 12 Issue 05
43
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_1712
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
BEAUTIFUL DETACHED FAMILY HOME
FREE LIST OF FORECLOSURES
231 Cameron St. E. North MLS Region - Durham Brock Sean Roland Real Estate Team 1-800-290-5164 ID#5211 FREE 24 HRS RECORDED INFO
19 Fairway Dr Oshawa/Newcastle Sean Roland Real Estate Team 1-800-290-5164 ID#5213 FREE 24 HRS RECORDED INFO
N
$3 296 3 /M RO 9, ON DO 87 TH W 6
$1
W
N
1 1/M RO 4, ON DO 90 TH 0
1712_DJW_0404
ZE 1712_DJW_0403
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$3
$1
$1
21
N
$2 152 9 /M RO 9, ON DO 90 TH W 0
1-800-290-5164 ID #5212 FREE 24 HRS RECORDED INFO
373 Niagara Dr., Oshawa Sean Roland Real Estate Team 1-800-290-5164 ID#5223 FREE 24 HRS RECORDED INFO
49
1712_DJW_0407
$1 1712_DJW_0406
1712_DJW_0405
$1
33
$ 5 ZE 38 /M RO 9, ON DO 90 TH W 0 N
4 BED 3 BATH DETACHED HOME
815 Grandview St N., Oshawa Sean Roland Real Estate Team 1-800-290-5164 ID#5222 FREE 24 HRS RECORDED INFO
$ 5 ZE 34 /M RO 9, ON DO 90 TH W 0 N
3 BED DETACHED WITH BSMT APT
15 Hodnett Cres., Oshawa/Newcastle Sean Roland Real Estate Team 1-800-290-5164 ID#5221 FREE 24 HRS RECORDED INFO
$1 $ 334 ZE 34 /M RO 9, ON DO 00 TH W 0 N
3 BEDROOM 3 BATH DETACHED HOME
Greater Toronto Area
BEAUTIFUL DETACHED FAMILY HOME
1712_DJW_0401
$ $ 869 ZE 22 /MO RO 6, N DO 90 TH W 0 N
ST A
1712_DJW_0400
N
$ RT ZE 19 ING RO 9, FR DO 90 OM W 0
$ $ 767 ZE 19 /MO RO 9, N DO 90 TH W 0 N
(Including: Toronto, Etobicoke, North York, East York, Mississauga, Brampton, Oakville, Milton, Richmond Hill, Vaughan, Woodbridge, Thornhill, Markham, Newmarket, Scarborough, Pickering, Ajax, Whitby, & Oshawa)
3 BED 3 BATH WITH BSMT APT
3 BEDROOM DETACHED HOME
4 BED 3 BATH DETACHED HOME
1149 Grandview St N., Oshawa Sean Roland Real Estate Team 1-800-290-5164 ID#5231 FREE 24 HRS RECORDED INFO
1935 Rockcreek., Oshawa Sean Roland Real Estate Team 1-800-290-5164 ID#5232 FREE 24 HRS RECORDED INFO
145 Rhonda Blvd., Oshawa/Bowmanville 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_1712.indd 43
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Volume 12 Issue 05
Commercial Real Estate & Business Opportunities
Commercial, Real Estate & Business Opportunities
Bill Bradley Sales Representative
905-337-7001 | 416-258-6866 BradleyB@RealtyExecutives.com
1312_DJW_1_0039
First Ltd., Brokerage, Oakville, Ontario OFFICE: 905-337-7001
Here is a perfect 9.43 acre vacant property with 3 frontages (Dixie Rd. Steeles Ave and Wilkinson Rd.). Zoned commercial with approx. 2 acres zoned Industrial. This property is on a very busy streets. the land can be divided into 2 parcels of 6 acres and 3.43 acres approx. and sold separately or together. At present there is a monthly income from truck and trailer storage. Call Bill Bradley for further info 416-258-6866.
Call Bill!
1312_DJW_1_0077
To be sold with service station. 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. $799,900.
Call Bill! or by itself - $499,900
Call Bill! Only $799,900 1312_DJW_2_0441
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 $499,900. Call Bill B.
1312_DJW_2_0440
Greater Toronto Area
1312_DJW_2_0066
Asking $9,430,000
Here is a beautiful Mobile Home 48 Acre Park. There are 43 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 $999,990
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! Only $349,900 9741260_1312
Please say you saw it in The Commercial Investor
COM_1712.indd 44
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Volume 12 Issue 05
45
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 $88,000 CATERING BUSINESS
FOR SALE
1312_DJW_1_0032
ASKING
Well established catering business in Toronto with 27 trucks for sale. Asking 1.2 million.
Pharmacy with Canada Post for sale in Toronto. Contact Dave Bhatia, Broker of Record for more info. 647-294-2840
3 year old bakery and cafe in prime residential / commercial location in Vaughan near Steeles and Dufferin. Specialize in fresh bread, sandwich, hot table, etc.
$299,900
ASKING
$540,000
Join Halton Real Estate Team No Desk Fee Low Split call or email for personal discussion.
One of the best awarded Canada Post Offices in Toronto for sale. Sales over 1.7 million. Owner retiring.
11251605_1712
www.FutureDreamHouse.com
307 KING ST. EAST HAMILTON
THE BEACHES
Retail and office space available for sale or lease 14,689 sq ft Projected NOI over 200K. Call or scan 1712_DJW_2_0041 QR code for details.
4 Res units, 2 Com with NOI $110K. Call or scan QR 1712_DJW_0481 code for details.
COBOURG, ONTARIO
4 res units, 1 3100 sq ft com, 85K NOI. Call for details. 1712_DJW_0482
An old mansion perfect as a B&B, spa or residence over 6500 sq ft plus 2600 sq ft coach house. Located minutes from downtown and train station. Principles only. Call for more info. 1712_DJW_1_0044
Greater Toronto Area
Excellent opportunity to own a well established high profile ‘Lick’s Home Burger and Ice Cream’ Franchise operation restaurant in Mississauga. Manager Operated corporate store. Loyal customer base enjoying high quality food on regular basis, family sitting, served by well professional trained staff by Franchisor. 50% financing available.
1712_DJW_0443
1312_DJW_1_0034
LICK’S BURGER
11248700_1712
407 Speers Rd. Oakville, ON
ApArtment buildings • Triplex in Cabbagetown, Toronto NOI 58K NOI - MLS SOLD • Fourplex with Commercial Cabbagetown, Toronto 76K NOI Principles only • Duplex, detached in Riverdale, Toronto Work/Live Principles only SOLD • Corner Triplex with Commercial Downtown Toronto $1.3M SOLD • Brussels, Ontario - 3 Res Apartments, 2 stores, 6 offices and large event venue 9000 sq ft $595,000 Hotels • Under Contract 34 Room hotel with commercial space, corner property Norfolk $1.1M • 14 room hotel with bar/commercial Highway, Orillia Principles only • 12 Room hotel with commercial/bar, Wallaceburg, $375,000 retAil • Luxury rental on Bloor Street West Yorkville Principles only
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COM_1712.indd 45
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Commercial Real Estate & Business Opportunities
Volume 12 Issue 05
Greater Toronto Area 8647857_1712
Please say you saw it in The Commercial Investor
COM_1712.indd 46
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For All Your Real Estate Needs Call one of our proven professionals today at
10929735_1712
47
Commercial Real Estate & Business Opportunities
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
Proud Sponsor Of Check out our fan page on Join us on linked in Check us out on
Future development land! Located across from residential development in the town of Alliston and abutting developer owned land! 90.4 acres high land with 2 road frontages across from Honda & the town of New Tecumseth Recreation Centre. Ready for application in next official plan update only property directly South of Town not yet under application. $5,950,000 Marc Ronan*** 1-888-936-4216
Development Land! 70+ acres near residential development in growing Alliston. Ready for application in next official plan update. New subdivisions in immediate area. Seconds from Honda, Alliston designated provincial growth area. Recent sewage plant increased capacity. $4,950,000 Marc Ronan*** 1-888-936-4216
1712_DJW_0460
1712_DJW_0461
High profile location, 23 acres with two road frontages, ideal property to set up own business or investment, present use is auto wrecking on approx 10 acres. $1,599,000 Marc Ronan*** 1-888-936-4216
Development parcel partially located within the Town of New Tecumseth (Alliston) town boundary. Abuts developer owned land. Two parcels for flexibility. Great future potential. $3,713,400 Marc Ronan*** 1-888-936-4216
1712_DJW_0462
1712_DJW_0463
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 inlaws with separate entrance. Forced air gas heating. Property located in central New Tecumseth just south of Beeton. $1,350,000 Marc Ronan*** 1-888-936-4216
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**** 1-888-936-4216
1712_DJW_0464
1712_DJW_0465
96.43 acre parcel with walking distance to growing Town of Beeton. Abutting developer owned land. 2 road frontages. Excellent midterm development. 2 homes & horse barn - See listing agent for details $3,000,000 Marc Ronan*** 1-888-936-4216
Greater Toronto Area
Volume 12 Issue 05
Attention builders! Draft plan approved 84 unit adult lifestyle community in Hastings on 32 acres includes 8 acre walking trail, 7 acre for future growth. Turn key professional project blueprint includes site plan, financials, drawings etc. $2,995,000 Marc Ronan*** 1-888-936-4216
1712_DJW_0466
1712_DJW_0467
Rock Solid in Real Estate.
TM
* Sales Representative ** Broker *** Sales Representative/Owner **** Broker of Record
Š2012 BRER Affiliates Inc. An independently owned and operated broker member of BRER Affiliates Inc. 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 with no other affiliation with Prudential.
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COM_1712.indd 47
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Commercial Real Estate & Business Opportunities
Volume 12 Issue 05
moneysmarts
Fixed income to remain a crucial portfolio allocation despite low yields, according to new Russell Investments report
F
ixed-income investing will continue to play a crucial role for investors, even as three decades
of bond-market gains appear likely to come to an end, according to a recently released research paper by Russell Investments entitled Fixed Income Investing in a New Yield Environment.
Greater Toronto Area
The research paper by Shailesh Kshatriya, CFA Senior Investment Analyst and Greg Nott, Chief Investment Officer, suggests that fixed-income investors shouldn’t agonize about the prospect of diminishing returns as yields rise, since fixed-income securities hold numerous advantages beyond the recent price gains, such as risk mitigation and portfolio diversification. The research argues there are four key themes that will shape how investors think about and approach this asset class going forward and that the current low yields should not panic bond investors. The first theme is that rising yields need not imply negative returns. “A bond’s total return includes both capital gains and income,” Mr. Kshatriya points out.“Although rising yields will hurt the capital return portion, investors should also consider the cumulative impact of coupon and maturity payments being reinvested at higher rates. As well, rising yields enhance the future income return on bonds.” The second is that active bond managers have several tools at their disposal to mitigate the impact of rising yields. Thirdly, the paper argues that going beyond traditional fixed-income securities may be critical to enhancing overall portfolio returns.“Non-domestic exposure can offer significant income and returnenhancing opportunities relative to Canadian corporate bonds, which is where active management plays a critical role,” said Mr. Kshatriya. Finally, the paper notes that rising yields may actually hold benefits for investors approaching or in retirement, “Investors don’t fully appreciate how higher yields
can reduce the cost of liabilities in retirement,” according to Mr. Nott.“As bond yields rise, the cost of funding future obligations, such as an annuity, decline as a result of an increase in the assumed rate of return. In other words, as your future assumed rate of return increases due to higher bond yields, less will be needed to fund future obligations.” The paper also argues that the attributes which make bonds an attractive long-term holding have not changed, i.e., providing income and diversification. With equities remaining the largest contributor to risk in a portfolio, fixed income will continue to be a viable source to counter that volatility. Therefore, a dramatic asset allocation shift in response to current low yields should take into consideration the implication on total portfolio risk.“Overall, the goal for investors moving forward is not necessarily to curtail fixed-income exposure ahead of eventual rising yields, but to ensure their asset mix continues to align with their risktolerances and long-term goals. Important Information: Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated. Nothing in this publication is intended to constitute legal, tax, securities or investment advice, nor an opinion regarding the appropriateness of any investment, nor a solicitation of any type. This information is made available on an “as is” basis. Russell Investments Canada Limited does not make any warranty or representation regarding the information.
Russell Investments (Russell) is a global asset manager and one of only a few firms that offer actively managed, multi-asset portfolios and services that include advice, investments and implementation. Working with institutional investors, financial advisors and individuals, Russell’s core capabilities extend across capital markets insights, manager research, Indices, portfolio implementation and portfolio construction. Headquartered in Seattle, Washington, USA, Russell and has offices in around the world including Amsterdam, Auckland, Beijing, Chicago, Frankfurt, London, Melbourne, Milan, New York, Paris, San Francisco, Seoul, Singapore, Sydney, Tokyo and Toronto. For more information visit www.russell.com or follow on Twitter: @Russell_News. A full copy of the research paper is available at www.russell.com/ca
Please say you saw it in The Commercial Investor
COM_1712.indd 48
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Volume 12 Issue 05
49
Commercial Real Estate & Business Opportunities
Givalas Real Estate
Nick Givalas Broker of Record
ltd.
Brokerage
8973548_1712
(905) 479-4436
email: ngivalas@trebnet.com
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.
PORT PERRY 3 ACRES OF LAND HWY 7A SCUGOG STREET IN TOWN COMMERCIAL DEVELOPMENT SITE
$1,290,000 Prime location site for development on busy Hwy 7A. Corner lot, Highway 7A and Old Simcoe Road. Located one block South of new smart centres site with new Walmart. This is one of the last undeveloped properties in town. High traffic location. Rare find. Town would like to see this property developed. Port Perry is 50 minutes North East of Toronto.
Greater Toronto Area
For Sale at $839,000. Also for Lease at $5,500/month Net Net.
COMMERCIAL SPACE FOR LEASE 1771 Albion Road (corner of Hwy 27) Etobicoke
Commercial showroom and industrial warehouse. 11,000 sq. ft. Asking $4.95 per ft net.
1742 and 1746 Victoria Park Avenue (south of Lawrence)
Stores 1550 and 1600 sq. ft. Rent. From $18 per sq ft. net. Victoria Village Plaza
120 Ellesmere Road at Pharmacy Avenue Corner Plaza
Stores from 1100 to 2800 sq. ft. in size plus basement. Rent $20 per ft net.
245 King Street West Oshawa (corner of Park Rd)
Stores from 1147 to 4200 sq. ft. in size. Rent’s $13 and $16 per ft net. Teddy’s Park Plaza.
160 Main St., Unionville
Former Hair Salon and Spa 1500 sq. ft. freestanding Building. 28 car parking. Good opportunity.
(Westney Rd & 401) 110 Ritchie Ave., Ajax 760 sq. ft
Contact Nick Givalas
Please say you saw it in The Commercial Investor
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Volume 12 Issue 05
11255998_1712
Commercial Real Estate & Business Opportunities
DARYL RUFF
BROKER OF RECORD
STEPHEN DIGNUM SALES REPRESENTATIVE
Exit REalty HaRE (PEEl) Brokerage indEPEndEntly OwnEd & OPERatEd
905-451-2390 | 1-866-297-3948
EUGENE DIGNUM
SALES REPRESENTATIVE
Opportunity to own wellestablished Event Facility on 25 acres in the picturesque Niagara Escarpment! This property has it all! Features historic charm of original stone house for dining/ lounge area, pub, weddings, special events of many kinds, a 3000 square foot outdoor event tent, trails through forested area... Liquor license for indoor and outdoor use. Also opportunity to expand. Call for Stephen Dignum or Daryl Ruff for more details.
$1,485,000
1712_DJW_1_0007 1712_DJW_1_0008 1712_DJW_0091 1712_DJW_0092 1712_DJW_0093
Greater Toronto Area
REDUCED LIST PRICE $1,498,000
Corner location with 3 road frontages on 1 acre in Niagara Falls! Property consists of restaurant, banquet facility, and 18 apartments on second floor. Family operation for 30 yrs. Only 7 mins from the Falls! Close to Great Wolf Lodge, Golf Courses, Niagara Attractions... Opportunities for redevelopment as well. Call Eugene Dignum for more information. 1712_DJW_1_0004 1712_DJW_2_0005 1712_DJW_2_0006
Please say you saw it in The Commercial Investor
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Volume 12 Issue 05
51
Commercial Real Estate & Business Opportunities 10527900_1712
Full-Time Sales Representative
GROUP
TOR. LINE: 416-798-7278
HERITAGE REALTY INC. BROKERAGE
(905) 619-9500 email: morrisonb@sutton.com
®
Platinum award winner
SELLING REAL ESTATE FOR OVER 23 YEARS
TORONTO
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.
18 unit apartments most of them renovated. Gross $167,000. 9-2 bedrm, 9-1 bedrm. Great investment. Just listed. Asking $1,499,000.
1712_DJW_3_0034
1712_DJW_0109
TORONTO
GTA
Beaches location, 2 storey with main floor restaurant & 2 bedroom apt. Asking $1,550,000.
Great corner plaza on busy road with almost 4 acres of land with detached home. Asking $2,000,000.
1712_DJW_1_0037
1712_DJW_3_0035
TORONTO
BEACHES
Mixed commercial & residential building. 4 2- bedroom apt with own parking, ground floor, 2000 sqft plus basement. Steps to Woodbine Subway. Just listed! Asking $1,382,000.
Building and business. Prime beach location, corner property. Parking for 6 cars. Large 3 bedrm on 2nd floor. Convenience store has weekly sales over $10,000. Asking $1,260,000.
1712_DJW_2_0458
1712_DJW_0110
WHITBY
TORONTO
Excellent downtown location on Brock St. Start your own business or for investment. Zoning permits many uses. Asking $435,000.
Investment property with 4 commercial units & five apartments on 2nd floor. Fully occupied. Totally renovated & well maintained small plaza. 9% CAP lot of parking. Asking $1,398,800.
1712_DJW_0111
Greater Toronto Area
DRIVING RANGE
1712_DJW_0112
I URGENTLY NEED MORE PROPERTY TO SELL IN ALL AREAS, BUYERS ARE WAITING, CALL BILL MORRISON TO SELL YOURS! FREE CONSULTATION Call Bill (905) 619-9500 Please say you saw it in The Commercial Investor
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Volume 12 Issue 05
Commercial Real Estate & Business Opportunities
PhaseOne PhaseTwo SiteRemediation Environmental Site Assessments
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8297113_1712
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11242220_1712
~ Servicing All of Southern Ontario ~
michael@tag-realty.ca
NEW CoNdos HAmIltoN, oN.
Block of 12 Condos available!
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 beatifully converted less than five years ago and is centrally located on a prestigious street. The units are large, attractive and lifght filled. Financials available. Attractive financing terms. Management in place. Good solid investment. Please see website: 54dufferin.com for more info
A block of 5 units available!
NEW PRICE
24 Units in Grand Valley!
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.
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. 200K in upgrades, new roofs, windows, many new kitchens and baths. Tenants pay own utilities. Each building separately deeded and equipped with pay-laundry facilities. Financials available. Gross income $224,328. Asking $1,999,500 won’t last long.
Please say you saw it in The Commercial Investor
COM_1712.indd 52
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Volume 12 Issue 05
53
Commercial Real Estate & Business Opportunities
building and business for sale. buSInESS mAkES monEy ... buIldInG buIldS EquITy. party and event equipment rentals, building and business for sale.
Brokerage
www.Procenko.com
Om Lasi
contact:
•
Lisence MO8008793
email: omlasi@gmail.com
mortgage rates from
private funds available
commercial starts from prime + 1%
commercial & residential same day approval
residential 3 yr fixed 2.79%
commercial mortgage 1st & 2nd residential 1st, 2 nd & 3rd
variable prime minus 0.25%
access to all big lenders • multi residential
• construction
• offices
• hotels
• plazas
• development
Verico the Mortgage Leaders Inc.
11242427_1712
phone: 416.564.LOAN (5626)
11239516_1712
John Procenko Broker Aris DiAmAnDAs Sales Representative 905.471.2121 1.800.362.0893 Leading edge ReaLty inc.
Greater Toronto Area
Well established party rental company located in a growing community in the GTA. This business provides special event equipment and tent rentals to golf courses, weddings, corporations and social events. It is a turnkey operation with all inventory, furniture and trucks included. Strong growth potential. Includes the purchase of an industrial unit of over 4700 sq. ft. Excellent opportunity for the right individual or to run as a family business. This business makes money!
• land
• banquet halls
and investments
Please say you saw it in The Commercial Investor
COM_1712.indd 53
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Volume 12 Issue 05
Commercial Real Estate & Business Opportunities
9386785_1712
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. APPRAISED VALUE $1.9 MILLION JULY 2011
Asking Price: $1,650,000 plaza investment west of london 16,500 SF Mixed Use Retail Plaza with Good covenant tenancies. 10 tenants, easy to manage. 7.0% Cap Rate. Principals Only.
plaza investment north west of gta Greater Toronto Area
10,700 SF Tim Horton’s Retail Anchored Plaza. Excellent Location. AAA tenant. 7.0% Cap Rate. Asking Price: $1,820,000
investment properties 1. GTA: Mixed use Plaza. NOI: $112,000. 7.5% Cap Rate 2. Medical Building. West of Toronto. NOI: $156,000. 8.5% Cap Rate. 3. Small Retail Plaza. NOI: $47,000. 8.5% Cap Rate. 4. AAA tenant. Mixed retail. NOI: $77,000. 7.0% Cap Rate. 5. Mixed Use Medical Plaza. NOI: $263,000. 7.75% Cap Rate. 6. Retail Plaza. West of Hamilton. Mixed Use Retail. NOI: $110,000. 7% Cap Rate prinCipals onlY
1) uXBridge: Sale: $12,000 per week. Rent: $7,400 Inc. TMI & HST. Long Lease & Franchise Agreement. asking price: $249,000 2) newmarKet: Newly renovated. Sale: $14,000/week. asking price: $374,900
offiCe Condo Brampton
land for sale mississauga
970 sq ft office condo for lease: 1.5 acres on Hurontario & 401. Corner $12/ft or Sale: $349,000. Fully finished property. Very high traffic counts. Great with kitchenette. Excellent location. for Hotel, office, commercial or other uses
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
gas station ld gta l west soof
a
n o i t i nd
Gas volume: 7 Million Liters, c-store: $1.0 Million, Lotto: $8,500. Excellent location with no immediate competition.
CoASKING PRICE $1.7 MILLION 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
lCBo anChored plaza West of GTA Easy to Manage, AAA tenants. Long Leases. Excellent Opportunity.
6.5% Cap
new
near hamilton
Gas: 2 Million, Store: $450,000/yr. Carwash: $100,000. Lots of potential to grow volume. asKing: $1.3 mil
Condo/apartment Building woodstoCK
attention developers: 88,000 sq.ft 3 storey 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
COM_1712.indd 54
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Volume 12 Issue 05
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
COMMERCIAL/ INDUSTRIAL PROPERTY
APARTMENT BUILDINGS
COMMERCIAL PLAzA!
Free Quick Over-The-Net Property or Business Evaluation
Fast Food, Dry Cleaners, Coffee Shops, etc... New & Established, Highly Recognized, Full Training, Proven Products and Services.
Free list of properties available in the GTA. Land from 1/2 acre to 100+ acres. Plazas from $500,000 to $20 Million.
Investors / Apartment Buildings with 3-400 units. Great returns. Financing available. VTB
Med/Dental Offices/ Bank/ Coffee Shop etc... Fully leased, busy area.
1-800-718-2041
ID #3082
www.
EzOverTheNetEvaluation .com
or call 416-798-7800
Free Recorded Message
1-800-718-2041 ID #3080
Free Recorded Message
Free Recorded Message 1-800-718-2041
Free Recorded Message 1-800-718-2041 ID #3083
ID #3081
www.danielpassante.com
Royal Windsor Realty Inc. Brokerage *some conditions apply 9873038_1712
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_1712.indd 55
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Volume 12 Issue 05
Commercial Real Estate & Business Opportunities
Realty Specialists Inc. Brokerage
Broker
FRI, CRES, MVA
905.272.3434 Cell: 416.562.5074
Office:
4310 Sherwoodtowne Blvd. Mississauga, ON
11239812_1712
S ukhje e t S ekhon
w w w. s u k h j e e t s e k h o n . c o m
ASKING
$6,850,000
5011_DJW_1_0030 5011_DJW_1_0032
5011_DJW_1_0031
5011_DJW_1_0029
3390 Wolfedale - Mississauga
5.84 Acres. E2 Zoning
Greater Toronto Area
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
Office space for lease inthenews
Close to Brampton Hospital, great exposure for medical & related field professionals.
Build an online investment portfolio one step at a time
Online investors know that building a healthy portfolio takes time and careful consideration. The good news is: it doesn’t have to be complicated. While it’s important to set goals and to stay focused on them, experts in this field say it’s also important to periodically re-evaluate your investment strategy and portfolio. So where should you start? “Through research and discussions with our clients, we discovered the greatest demand was for guidance on portfolio management tools that enable them to monitor performance, along with long-term portfolio building techniques,” says Michael MacDonald, vice-president of strategy for RBC Direct Investing.“While many investors have benefited from portfolio management services through traditional advice based channels, now they can do the same thing online, on their own, using our portfolio management tools.” Through specialty websites like www.rbcdirectinvesting. com, individuals have access to an abundance of tools that provide self-directed investors with ideas and validation of their portfolio decisions. This includes easy online access to resources, education, and guidance to help investors make informed decisions.
While investors may not realize how much free information is available to them, MacDonald stresses that they should carefully evaluate what online resources and tools are most useful to them. Ideally, an online brokerage should provide tools and resources to help investors: • Define their long- and short-term goals and chart progress towards achieving their objectives; • Determine whether their portfolio has the appropriate asset mix to meet their investment objectives; • Assist with rebalancing from a current asset mix, towards the stated asset mix goal – and assess how changing these holdings affects the portfolio before making any decisions about buying or selling in the market; • Practice online investing: this might involve offering a mock account where individuals can buy and sell a wide range of investments and monitor performance over time, without any risk. NC RBC Direct Investing Inc. is a member of the Canadian Investor Protection Fund.
Please say you saw it in The Commercial Investor
COM_1712.indd 56
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Volume 12 Issue 05
57
Commercial Real Estate & Business Opportunities
Sanjiv Gupta Sales Representative
416.399.1009
Dir. sanjiv@profinsys.ca | www.profinsys.ca
®
Century 21 People’s Choice Realty Inc., Brokerage 2 Royal Crest Road, Toronto M9V 2L5 Tel: 416.742.8000 5160 Explorer Drive Unit # 27, Mississauga, ON, L4W 4T7 Tel: 905.206.1900 Fax 905.206.1901
YOUR SEARCH FOR BUSINESS ENDS HERE: LET US HELP YOU ACHIEVE YOUR DREAM BUSINESS AT
‘JUST THE RIGHT PRICE’
• Sub Franchise - Franchise Pre Approval and Qualified Buyers only - HighVolume Low Rent Close to GTA Ask for details • Wild Wing Orillia - Sales 720K Rent Per Month, - Net Income 120K and priced to sell - Asking Price - $379K • Wild Wing Mississauga - Weekly sales of 13K Rent $6500 PM - Price to sell $319K • Wild Wing Toronto - Weekly Sales 20K Low Rent - Call for details • Wild Wing Brand New Location available on great price of $300K to $349K • Wild Wing Oshawa - Sales 1.1 Million Rent $12,000 PM Net Income - $175K - Asking price $429K • Mr Greek Express - Busy location at Markham & Steeles, Scarborough, ON - $15K Weekly Sales Low Rent - Asking Price - $350K Must Sell immediately • Symposium Café - Multiple Locations - Ask for details • Country Style - Great Locations - Asking Price - $329K to 450K • Boston Pizza - GTA Location - Asking Price - $1.2 Million to $2.4 Million • Frozen Yogurt Business - Multiple locations GTA and surrounding - Asking Price $380K to $480K Greater Toronto Area
GAS STATIONS • Petro Canada - Down Town Location High Traffic - Great Sales and Volume - Asking price - $3.3 Million • Petro Canada - Vol. 5.5 Million Store - 1.0 Million East of Toronto - Asking Price $2.7 Million • ESSO with Car Wash Country Style and great income - Asking Price $3.5 Million • Branded Gas Station with high volume and brand new location fixed commission - Asking Price $3.4 Million • Ultramar brand New North of Toronto - Six Locations - Asking Price $2.0 Million to $3.5 Million • ESSO with car wash Volume $3.5 Million - Net income $160K - Asking Price $1.6 Million
• Petro Canada - with Country Style - Great opportunity - Asking Price $3.5 Million • Pioneer - High Volume, Rental Income Net Income $600K - Asking Price $5.7 Million • ESSO with D/T Tim Hortons and great location - Asking Price $5.8 Million • ESSO with Tim Hortons - High Volume and High Store Sales and Rental Income - Cap Rate 12% - Asking Price $5.4 Million • Petro Canada - GTA location with D/T Tim Hortons - Asking Price $4.3 Million • Ultramar 7.0 Million volume - 1.5 Acre - One year old and great location - Net Income $350K - Asking Price $3.1 Million • ESSO with C store, 2 Apartments, Coin Car Wash, C-store Propane Net Income $270K - Asking Price $1.7 Million • Ultramar - North 4 pumps with 2,000 sq. ft. building - Asking Price $2.5 Million • Ultramar/Petro Canada - Great Location for high volume business with big land lot - Ask for details • Pioneer Brand New Locations in GTA and surrounding - Asking Price - $3.0 Million and above • Coin Car Wash with oil change - Great Investment Property - Asking Price $2.5 Million • Land for Branded Gas Station with Car Wash - Asking Price $2.0 Million • Branded Gas Station with high volume newly renovated - Asking Price $2.6 Million • Land for Gas Station GTA - Big Lot - Site Plan under approval process with Rental Income - Asking Price $3.5 Million
Mortgage approval in 10 days for qualified buyers - ask for details
9373388_1712
FOR QUICK APPROVAL OF COMMERCIAL MORTGAGE AND BUSINESS LOANS WITH LOWEST INTERNET RATES
Please say you saw it in The Commercial Investor
COM_1712.indd 57
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Commercial Real Estate & Business Opportunities
Volume 12 Issue 05
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
COM_1712.indd 58
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59
Commercial Real Estate & Business Opportunities 9857729_1712
1-866-557-1110 705-647-1110
Bill Byers, Sales representative Perry Wuest, Sales representative
perry-wuest@coldwellbanker.ca
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.
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. 1712_DJW_2_0416
1712_DJW_0451
4 UNITS 3 residential & 1 commercial storefront would make a great office or retail. Downtown Cobalt. 4 lots included. Asking $114,900. MLS 120105. Call Bill.
1712_DJW_3_0401
LOWELL LAKE ROAD Original log cottage with updating in the form of a tastefully done addition. Quiet and extremely picturesque surroundings. This property can be used as a four season home or cottage. Lowell Lake road is a well-maintained road which is plowed in the winter. Just minutes south of the town of Temagami. MLS 120215. Call Perry.
LONG LAKE Newer Cottage close to 3 acres, with 140’ waterfront. 2 bedroom, woodstove, storage shed, deck, insulated, road & more. Asking only $99,900. Seller may hold financing. MLS 102598. Call Bill.
MONTREAL RIVER Almost 40 acres, with 1452’ waterfront. At the edge of Matachewan, close to services. A great spot to build your Northern Retreat. Asking $129,900. MLS 120538. Call Bill.
1712_DJW_1_0406
1712_DJW_0450
HOTEL Large Bar/Restaurant lisenced for 206 people with 36 person patio. 2 bedroom apartment & 9 hotel rooms upstairs. Full basement, lots of parking. Busy main corner in Earlton. Many recent updates. Asking $189,900. MLS 120390. 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.
Central Ontario
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. 1712_DJW_2_0401
STOREFRONT With 2 apartments recently used as an antique store. Main St. (Hwy #11) Latchford. Near the lake, beach, & park. Asking $69,900. MLS 120219. Call Bill. 1712_DJW_1_0411
1712_DJW_2_0400
bill-byers@coldwellbanker.ca
1712_DJW_1_0404
www.temiskamingrealty.com
1712_DJW_1_0012
brokerage New Liskeard, Northern ontario
1712_DJW_1_0405
temiskaming realty ltd.,
1712_DJW_1_0408
Volume 12 Issue 05
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.
Please say you saw it in The Commercial Investor
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Commercial Real Estate & Business Opportunities
Volume 12 Issue 05
moneysmarts
10 ways a CGA can help your small business 1. Sound Advice
6. Estate planning
A certified general accountant (CGA) sees more than numbers. They see the big picture and can provide the sound advice your business needs. You are the expert in your business; and a CGA is the expert in accounting, finance, taxation and business management. He or she will be your adviser, counsel and confidante. Together, the two of you will anticipate, prevent and solve problems.
Whether you own a business or simply want to ensure the safe passage of your lifetime assets, estate planning is important. A CGA works with you and your lawyer to ensure that designated beneficiaries receive the maximum benefit from your estate.
2. Succession planning The difference between self-employment and business ownership lies in knowing that your business can succeed without you. Succession planning ensures that your business is self-sufficient. It allows you to take time away while you stay involved or to sell your business (or bequeath it) when the time is right. A CGA will help you develop and execute a sound succession plan. 3. Business startup When you decide that it’s time to make your dream a reality, a CGA will help set up the most appropriate entity for your Eastern Ontario
business, whether a sole proprietorship, partnership or corporation, with the skills and experience needed to guide you
7. Financial planning Whether it’s investment advice to help you realize your retirement dreams or cash flow projections for your growing business, a CGA will provide the sound financial planning you require to get you to your goal. 8. Controllership services If you think your business is too small to have a chief financial officer, think again. Many CGA firms offer part-time controllership services. They will provide hands-on advice about financial controls and procedures, assist in month-end processes and help ensure your business is in compliance with regulatory agencies. 9. Accounting services CGAs offer a wide range of accounting services, from compiling
through this important stage of the startup process.
your financial results on an interim or year-end basis, to payroll administration, tax compliance, cash management, projections and bill payment, plus analysis, assessments, calculations and reviews.
4. Software installation and training
10. Tax planning and preparation
A CGA will take the time to understand the information technology needs of your business, assisting in the evaluation
Tax planning and preparation is an integral part of the financial planning process. A CGA will help you minimize the taxes you pay – now and in the future – whether you’re an employee or selfemployed, an investor or small business owner, a farmer, student or landlord.
of functionality, cost and portability, and create the right software environment for your business through installation, configuration and training. 5. Systems implementation
NC
Proper systems can make the difference between chaos and order. A CGA will help you to identify and evaluate systems such as record keeping, document retention, asset protection and information controls.
More information or access to other small business resources is available online at cga-ontario.org or toll-free at 1-800-668-1454.
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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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William G. Bird Broker, CCIM CD Cell: 613-243-2767 Office: 613-969-9907
Quinte Ltd., Brokerage* * Each office Independently Owned & Operated
BRIGHTON AREA $395,000 Large Commercial lot 120 ft. by 194 ft. Asking $239,000
sold
107 Belleville Tank Farm Road
Industrial business for sale in Eastern Ontario
304 ft frontage by 35,279 meters sq. Seeking income investment properties give me a call at
Owner will sell shares or assets. Specialty in Air conditioning - duct manufacturing metal work - Installation Serving a market area of two million people over 25 years in business
613-243-2767
Call Bill Bird 613-243-2767 for details
Large industrial lot Asking$199,000
1312_DJW_2_0415
127 Hunter Street, Peterborough
This facility is located at 1136 Purdy Road just to the east of the Big Apple. Property size is 5.06 acres. The building is modern and in good condition being 12,880 sq ft size. Still a fully operational building, it was erected in 1961. Property is being sold as is where is surplus to requirements by the school board. Call Bill Bird Broker 613-243-2767 for a complete information package. E-mail williambird@cogeco.ca
Or Lease at $5.00 per sq ft. High profiled location in the downtown business of Belleville near the currently new Court House. Features 12,000 sq ft per floor total of 36,000 sq ft. Zoning permits an addition of 24,000 sq ft. Large fully paved parking lot, highly desirable area makes this an excellent buy or lease. Call Bill Bird Broker 613-243-2767 for a complete handout. E-mail williambird@cogeco.ca
Large 900 sq ft retail area with an attached 3 bedroom house. Features Lotto outlet, high volume traffic in business for over 10 years. Long term established clienteles. This property is in excellent condition for the price. Call Bill Bird Broker for a complete handout at 613-243-2767. Don’t miss this opportunity. E-mail williambird@cogeco.ca
1312_DJW_1_0418
1312_DJW_1_0417
1312_DJW_4_0416
45 BRIDGE ST. BELLEVILLE FOR $1,100,000 DOWNTOWN VARIETY STORE $169,000 PLAZA PORT HOPE AREA ASKING $3,980,000
High income plaza in excellent condition. Feature 11 units at total of 22,297 sq ft with 125 parking spaces. There is ample expansion room on the spacious 2.2 acre lot size. The site is located in an up and growing area of Port Hope. There are several retail outlets in the neighbourhood. Room to increase cash flow, all tenants area on lease. Call Bill Bird for a complete handout at 613-243-2767 or E-mail williambird@cogeco.ca 10678436_1712
8177055_1712
In Eastern Ontario for Commercial Real Estate Call Bill Bird for Sales & Leasing.
ProAlliance Realty Brokerage
BRUCE COOKE BBA, CCIM, SIOR Commercial Sales Representative
Independently Owned & Operated
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
$495,000 INVESTMENT PROPERTY 10.3% CAP RATE INDUSTRIAL 56,555 SF BUILDING $1,980,000 Eastern Ontario
$219,900 PROFITABLE BUSINESS FOR SALE
Well established Day Care business located in Belleville. Turn key business. Net income of $69,000 after expenses. Owner is willing to train Buyer.
2 long term Tenants, Net income $51,012/YR. Great location, Located 1.5 hrs East of Toronto on 5.7 acre site. Ceiling height 24 ft Government anchor tenant. Attractive building in the Central clear. 7 drive in doors, Hwy #401 exposure, several overhead cranes. Business District, Call Meaghan. 1712_DJW_1_0315 1712_DJW_1_0068 Also available for lease.
$699,000 MINI STORAGE BUSINESS
5 APARTMENTS $279,000 9.5% CAP RATE
$499,900 BRICK 6 PLEX BELLEVILLE
d l o
d l o
s
Business also includes 6 residential apartments and 2 commercial rental units. Assumable financing in place. 1712_DJW_1_0476
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, lots of parking, close to schools. 1712_DJW_1_0311
meaghancooke@hotmail.com
s
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 operating income $39,778, paved parking lot. 1712_DJW_1_0058
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“Your Commercial Connection in Eastern Ontario” www.cbcommercial.ca
Jamie Troke, CCIM Broker of Record jtroke@reach.net
613-969-9901
31-51 WALLBRIDGE RD $1,950,000
DOLLAR TREE 10 YEAR LEASE
Distribution or Warehouse facility, close to 50,000 square feet of total space available. Warehouse has 17’ clear ceiling, 2 dock level doors and is approximately 21,120 sq. ft., retail sales and parts department 10, 395 sq. ft., second floor office and storage area 10,395 sq. ft., detached plaza type building 7176 sq. ft. Fully fenced yard, zoned M1/ M2. Located beside city yard. Building now vacant. MLS #2120850 For more information visit www.31-53wallbridgecrescent.com
8800 s/f downtown core property with plenty of customer parking. New AAA tenant. Building has new floors, ceilings, lighting, rubber roof. Asking price $925,000 - 8% CAP rate.
1712_DJW_0479
GREAT VALUE $375,000
REDUCED
1712_DJW_0480
15 VICTORIA AVE, BELLEVILLE
15,000 s/f Manufacturing facility on 8.29 acres. Busy convenience store still in operation. Asking price includes recently renovated 4 brd farm house. Located 2 hours east of Toronto, North of Madoc and Hwy 7. Many possible commercial uses. No longer operating as a cheese factory. www.eldoradocheese.com
REDUCED TO $2.4M
1712_DJW_2_0045
Excellent investment opportunity. 32,500 s/f office building located in Belleville’s downtown core. Currently leased to Provincial Courts, Hastings Housing Authority and Probation Office. Gross annual rent $567,000. CAP rate 9.5%! For more information, please visit www.15victoria.com 1712_DJW_1_0075
moneysense
Consumer portal offers resources to help answer financial questions
www.consumerinformation.ca
S
That’s what makes the revamped www.consumerinformation.ca web portal all the more important and relevant. Developed by Industry Canada in collaboration with federal, provincial and territorial governments, and non-governmental organizations with a consumer interest, the site provides links to clear and trustworthy information on money matters and other consumer questions.
Eastern Ontario
ome of the most common issues we face as consumers have to do with money and financial services. We are all concerned with making sure our hard-earned money is well protected, but may feel we can’t trust the advice and information we are getting.
Consumerinformation.ca points consumers in the right direction so they can get the financial information they need, including tools and resources on budgeting, collection agencies, consumer contracts, credit reporting, debt, payday lending, insurance and more. The information on this site is organized so that consumers have access to information and sources specific to their province or territory, as well as information applicable to all Canadians. You can find links to financial tips and tools or obtain reliable information on NC other consumer issues that you may have.
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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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moneysmarts
Improving business optimism in mature economies offers hope for global recovery Business confidence picks up in mature economies net percentage Business optimism
International Business Report shows change in business confidence in mature economies. This chart compares changes over the past three months with changes over the past 12 months. (CNW Group/Grant Thornton LLP)
G
lobal business optimism increased over the last
three months driven by improved revenue and demand prospects, according to the latest research from the Grant Thornton International Business Report (IBR), a
Niagara Peninsula
quarterly survey of 3,000 businesses in 40 countries. However, despite the pickup, businesses remain less optimistic than they were at this time last year, underscoring the fragile state of the global economic recovery. The improvement is most apparent in the G7 economies, where business optimism rose by 28 percentage points over the past three months, climbing from -12 per cent
in Q4-2011 to 16 per cent in Q1-2012 (that is, companies that are optimistic outnumber those that are pessimistic by sixteen percentage points). The increase in optimism in the United States, where optimism increased by 45 percentage points, from just 1 per cent in Q4-2011 to 46 per cent in Q1-2012, is a major factor. Meanwhile, businesses in Japan (-53 per cent) and Europe (-4 per cent) remain pessimistic, though both have seen improvements over the last quarter. Numbers from the past 12 months tell a more sobering story. This time last year, optimism in the G7 economies stood at 27 per cent, 11 percentage points higher than the Q1-2012 figure. Indeed, only in Japan and the United States have levels of business optimism recovered to where they were in Q1-2011. In Canada, optimism increased to 51 per cent, up five points over last quarter, when it dipped to 46 per cent. Nevertheless, it has not rebounded to the high of 80 per cent seen in the second quarter of 2011. “It’s definitely encouraging to see that the outlook of many businesses has improved over the past three months, particularly in Canada. However, reflecting on the last year or so, and in particular the results from this time last year, we can see how
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moneysmarts
The IBR data also reveal that businesses in mature markets are much more positive about growing their business over the next 12 months. Business expectations for increasing revenues (up nine percentage points) and profits (up eight) in the G7 have grown robustly over the past quarter, while 8 per cent fewer businesses are citing a lack of demand as a constraint on growth. There are also signs of increasing business investment across the G7 with 6 per cent more businesses expecting to boost plant and machinery, and 3 per cent more planning investment in new buildings. In Canada, 57 per cent expect to see revenues increase (up 8 per cent over last quarter), but only 18 per cent expect to invest in research and development. Further, a lack of skilled workers continues to be the biggest constraint to growth, cited by 38 per cent of businesses in Canada. Brushett continues: “It’s great to see that Canadian business have reversed the dip in optimism, but in order to continue to grow, Canada needs to focus on core areas such as access to a skilled workforce and long-term investment in R and D. Seeing momentum build in the recovery in the United States, borne out by brighter GDP and employment data, bodes well for our economy, particularly in manufacturing and distribution.” When global numbers are looked at by group or region, the improving situation in the G7 has seen the global business optimism average rise to 19 per cent this quarter, up from 0 per cent three months previously. Developing economies are also more optimistic: the BRIC average rose from 34 per cent to 41 per cent, the ASEAN average from 0 per cent to 27 per cent and the Latin America average from 61 per cent to 73 per cent. “Signs of improvement in mature economies are clearly having a knock-on effect in emerging markets. Economies such as the BRICs, Mexico and Turkey are playing an increasingly important role in global growth prospects. But as they integrate further into the global economy, their businesses are becoming more reliant on the health of mature markets,” adds Ed Nusbaum, CEO of Grant Thornton International Ltd.“For me, the key takeaway from these results is that both emerging and mature markets seem to be pulling in the same direction, which can only bode well for the global recovery.”
Data collection The research is carried out primarily by telephone interview lasting approximately 15 minutes with the exception of Japan (postal), Philippines and Armenia (face to face), mainland China and India (mixture of face-to-face and telephone) where cultural differences dictate a tailored approach. Telephone interviews enable Grant Thornton International to conduct the exact number of recommended interviews and to be certain that the most appropriate individuals are interviewed in an organisation which meets the profile criteria. Data collection is managed by Grant Thornton International’s core research partner – Experian. Questionnaires are translated into local languages with each participating country having the option to ask a small number of country specific questions in addition to the core questionnaire. Sample IBR is a survey of both listed and privately held businesses. The data for this release are drawn from interviews with 3,000 businesses globally conducted in January and February 2012. The target respondents are chief executive officers, managing directors, chairmen or other senior executives (title dependent on what is most appropriate for the individual country) from 40 economies primarily across five sectors: manufacturing (25 per cent), services (25 per cent), retail (15 per cent) and construction (10 per cent) with the remaining 25 per cent spread across all sectors. Locally, the sample tends to cover the sectors mentioned previously, with some countries being able to have local valid data for specific sectors or regions when the sample size is large enough.
Group/region
Economies included in IBR
Asia-Pacific (APAC)
Australia, Hong Kong, India, Japan, China (mainland), Malaysia, New Zealand, Philippines, Taiwan, Thailand, Vietnam
Association of Southeast Asian Nations (ASEAN)
Malaysia, Philippines, Singapore, Thailand, Vietnam
BRIC
Brazil, Russia, India, China (mainland)
European Union (EU)
Belgium, Denmark, Finland, France, Germany, Greece, Ireland, Italy, Netherlands, Poland, Spain, Sweden, United Kingdom
G7
Canada, France, Germany, Italy, Japan, United Kingdon, United States of America
Latin America
Argentina, Brazil, Chile, Mexico, Peru
Nordic
Denmark, Finland, Sweden
North America
Canada, United States of America
Other
Armenia, Botswana, Georgia, South Africa, Switzerland, Turkey, United Arab Emirates
Any and all references to Grant Thornton International are to Grant Thornton International Ltd. Grant Thornton International is one of the world’s leading organisations of independently owned and managed accounting and consulting firms. These firms provide assurance, tax and specialist business advice to privately held businesses and public interest entities. Services are delivered independently by the member and correspondent firms within Grant Thornton International, a non-practicing, international umbrella entity organised as a private company limited by guarantee incorporated in England and Wales. Grant Thornton International does not deliver services in its own name or otherwise. Grant Thornton International and the member firms are not a worldwide partnership.
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much global growth prospects remain delicately balanced and how difficult the last twelve months have been around the world,” says Bill Brushett, National Client Services Leader, Grant Thornton LLP in Canada.
Grant Thornton LLP is a leading Canadian accounting and advisory firm providing audit, tax and advisory services to private and public organizations. Together with the Quebec firm Raymond Chabot Grant Thornton LLP, Grant Thornton in Canada has approximately 4,000 people in offices across Canada. Grant Thornton LLP is a Canadian member of Grant Thornton International Ltd, whose member firms operate in close to 100 countries worldwide.
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8157072_1712
MOMENTUM REALTY BROKERAGE
Garden City Realty Inc
Brokerage Independently Owned & Operated
Tony Tripodi 8181576_1712
905-641-1110
9 0 5 . 8 7 1. 7 10 0 F O RT E R I E
*INDUSTRIAL* *COMMERCIAL* *INVESTMENT*
Broker
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. 0912_DJW_1_0042
FOR SALE FONTHILL
32,000 SQ. FT. INDUSTRIAL BUILDING
0912_DJW_1_0998
Great for many uses including Manufacturing & storage • Approximate 3,000 sq. ft. of office space • 24’ ceilings • Located in the Niagara area on 17 acres Listed at $625,000 Property is also available for Lease Patrick Schneider Broker | Stephen Oliver Sales Representative
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.
www.stephenoliver.net • stephen-oliver@coldwellbanker.ca patrick-schneider@coldwellbanker.ca
0912_DJW_2_0043
Mary Jones
FRI CRES REI
Broker
Independently Owned & Operated
David Jones 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!
FANTASTIC LOCATION!
RE
D U
C
ED
11242324_1712
Niagara Realty Ltd. Real Estate Brokerage
1712_DJW_0014
Lot, with great exposure. Located next to a new Medical/Residential Development. Built up area with some large sized houses. Owner will build your office to fit your needs. Call now.
Niagara Peninsula
4611_DJW_0031
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
4611_DJW_0033
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4681 Ontario Avenue Niagara Falls, Ontario
905-357-9700
www.thebrickrealty.ca
NEAR DoWNToWN BEAUTiFiCATioN PRoJECT
Suitable for professional building or small manufacturing. Has loading dock, elevator. Additional lot available for parking (83 x 126.5 ft). Zoned general commercial. Call sYLVANA LOuRAs*/RENATE MARTIN* 1712_DJW_0034
“DEVELoP YoUR BUSiNESS HERE”
On main artery, close to Art District & Tourism. 2700 sq ft. Attached garage. Potential for pawn, antique, art studio or variety store. Under $200,000. General commercial. Call RENATE MARTIN*/sYLVANA LOuRAs* 1712_DJW_0035
LiVE WHERE YoU WoRK!
Zoned General Commercial - unique opportunity to live the 3 bedroom home, collect rents from 2 apts, and have a store front. Well maintained and close to Falls attractions. 1712_DJW_0036 Call sYLVANA LOuRAs*
VACANT LAND–T/C ZoNiNg
Excellent development opportunity at Kitchener St., Stanley Avenue and Hwy 420. Former motel site abutting another vacant parcel. Call LIZ MEREIDTH*, for more details. MLS 30000564, CODE LM006.
iNDUSTRiAL SiTE & oFFiCE & SELF SToRAgE
Great location for this fully occupied commercial property fronting onto two busy streets. Call for more details. Call FERNANDO EspINOZA* OR AMANDA MCKENZIE*
77 Bowden St. Fort Erie. Established central location - plus 20 storage units, 7700 sq. ft. warehouse opportunity. Close to U.S. & highway. $395,000. Call RENATE MARTIN*
1712_DJW_0043
1712_DJW_0037
NEW MuLTI MILLION DOLLAR sTREETsCApE Join the great mix of unique retail shops, financial, medical, professional & municipal offices, cafes and restaurants in the revitalized Queen st. district in downtown Niagara Falls
oVER 2000 SQ FT
Open and versatile space suitable for various applications. Located in Niagara’s revitalized downtown. Parking and public transit right outside the door. Listed at $179,900. 1712_DJW_0039 Call DEBORAH VEsCIO***
SToRE FRoNT AND 2 APTS - $164,900
Currently rented apartments and store front is available to locate your business or to lease, surrounded by retail shops, financial and professional offices and restaurants. Call DEBORAH 1712_DJW_0040 VEsCIO*** or ANgELO D’ ONOFRIO* Niagara Peninsula
SoLiD BUiLDiNg
Former printing building with large open spaces and excellent street visibility now available for $152,900. Call for full details. ANgELO D’ ONOFRIO* OR DEBORAH 1712_DJW_0038 VEsCIO***
LEASE oPPoRTUNiTiES Opportunity to locate your business in downtown Niagara Falls. Variety of retail and office spaces available. One that is right for you!
2 CoMMERCiAL UNiTS - 2 APARTMENTS
Just around the corner from Queen Street businesses. 1100 sq ft office space ready for occupancy. Both apartments rented. 3 parking spaces. Listed @ $229,900. Call DEBORAH 1712_DJW_0041 VEsCIO*** or ANgELO D’ ONOFRIO*
Call Angelo D’ Onofrio* or Deborah Vesico*** today for more details.
iNVESTMENT oPPoRTUNiTY
Ground floor retail leased @ $850/mth, upper 3 bedroom apartment @ $800/mth located in downtown Niagara Falls. Both tenants pay their own hydro. Listed at $194,900. Call DEBORAH VEsICO*** or ANgELO D’ ONOFRIO* 1712_DJW_0042
* Sales Representative
** Broker
*** Broker of Record
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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
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Mortgages
Should you use a Mortgage Broker or a Bank? Why would I use a Mortgage Broker if I have a relationship with my Bank? This is one of the most frequently asked questions from my clients, the majority of them being real estate investors. Being a real estate investor and a mortgage broker myself gives me the ability to offer a different perspective of knowing and understanding my client’s needs. Your financing is your buying power and the ultimate key to your success. A mortgage broker is working for you! The mortgage business is no longer dominated by the “big banks”. A good mortgage broker has your best interest in mind, providing a full service commitment in directing you to the mortgage that best suits your needs. Mortgage brokers have the availability to access several lenders that have different lending programs, rates and special products that will accommodate a specific mortgage need. A mortgage broker develops strong business relationships with their lenders, being institutional or private. This enables the broker to facilitate a deal that would not be approved by a Bank at branch level. This allows us to accommodate all our clients financing requirements, from the straight forward to the more complex and challenging (non-conforming deals, self employed, commercial, flips, conversions, and land deals). Banks will not offer this type of service. They are limited to their own lending criteria at the branch level. Therefore, it is in your best interest to source out a good mortgage broker who will handle not only the facilitation of a single mortgage,
but also structure a long term plan to suit each individual’s personal financial circumstance and as well build a financial model to meet their clients long term objectives. Real estate investors should really research and perform their own due diligence when entering into a working relationship with a broker. This decision is one of the most critical decisions when involved in acquisitions in the real estate market. There are several thousand mortgage agents and brokers out there today and many of them are phenomenal in sales. (You will hear what you are looking for however they may not deliver, do not let these brokers learn through you deal, it will cost thousands). Here is what you should look for: First, make sure your broker of choice has been in business for more than 5 years. Second, make sure that they can facilitate both commercial and residential mortgages. Many agents/ brokers work specifically in residential (real estate agent referrals). This is not suited for an individual looking to acquire multiple properties and qualify for multiple mortgages as their typical approach is not beneficial for an investor. Some brokers are not familiar with multiple approvals. Conflicting information could jeopardize an approval. Maintaining a long term relationship with their broker is also beneficial to an investor, as having the history of submissions to lenders, developing and understanding of work ethic and knowing that several parties are not shopping your deals will lead to a higher ratio of approvals for the investor. Thus a higher success rate, net worth and income. Having trust in your broker is one of the key elements to a whealthy, successful, working relationship. 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_1712
Business Investor
President Pro Funds Mortgages lic# M08002562
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NEW OPPORTUNITY QUALITY OF LIFE CHANGE Located in Nova Scotia retail store supplying roof truss and flooring systems, lumber and building material. Revenues over $4 million and earning in the $350 K range.
BOWLING CENTER Well established center Serving the & operating overmechanical 45 years and pharmaceutical industries located 2 hours East of GTA. over 20 2years. Generating Employs ft. & 20 pt. Newly revenues of $1.1 MM inwith upgraded with revenues the 200 plus accounts. Earn$500K range and discretionary ings $200 K range. Located earnings in the $100K range. in Southwestern Ontario.
fARM EquIpMENT DIGITAL MASS PLASTIC INJECTION dEALERsHIp STORAGE MECHANICAL & COMPANY HARDWARE ELECTRICAL CONTRACTOR Located in Northeastern The Company provides comprehensive Ontario, business has been and operating over 60 hardware software network storage years with strong technologies for a Windows, Unixcusand tomer base. MacIntosh networks.Experienced Customer base staff of andgovernment management consists agencies, generate institutions revenues the educational and in mid-cap $6.5MM and earnprivate sectorrange companies. Revenues in ings over range. 300K. the $3 Million
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.
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MANUFACTURER OF DRIED FLORAL PRODUCTS
Company operating over 15 years and servicing over 800 accounts providing value added services that generate revenues of $2.7 M and earnings over $700K. Owner will participate in growing the company.
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.
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TIRE SALES & SERVICE CENTER
Located in the Western GTA. Servicing Commercial fleets, government & retail clients. Gross sales over $4.0 M and earnings $200K ranger.
CIVIL ENGINEERING FIRM 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.
JANITORIAL JANITORIAL& MAINTENANCE & MAINTENANCE COMPANY COMpANy Operating 20 years in the 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.
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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
METAL RECYCLING
Business has been operating over 30 years, dealing in ferrous and non-ferrous metals - with 14 employees business generates revenues in the $10 million range with earnings in the $1.5 million range.
SPECIALTY UNDERGROUND UTILITY CONTRACTOR
LANDSCAPE & SNOW REMOVAL COMPANY
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.
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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Business Investor
METAL FABRICATION & WELDING
MARITIME PROVINCES
CONTRACT PACKAGING COMPANY
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.
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.
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_1712
Please say you saw it in The Commercial Investor
COM_1712.indd 72
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Mazhar Roshan Sales Representative
905.318.3800
24 Hr. Pager
905.929.9800
Direct
BROKERAGE
mazharroshan@sympatico.ca mazharroshan@hotmail.com 2 UNITS FOR LEASE HAMILTON
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Two units - 1850 sq ft & 1750 sq ft. Great for Industrial/Commercial/Warehouse/Small Manufacture unit for all types of business in a fast growing area of East Hamilton and Stoney Creek Mountain, close to Hwy & shopping. Call for information. FOR LEASE BRANTFORD
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.
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.
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.
INVESTMENT OPPORTUNITY - $249,900
BUSINESS FOR SALE ONLY - $499,000
INVESTMENT BUILDING FOR SALE HAMILTON
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ST CATHARINES BAR & GRILL
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NIAGARA FALLS
Very nice area of Hamilton. Close to Downtown, schools and oil amenities. 3 hydro meters. Total rent nets $21,000 pkg. Call Mazhar for details.
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.
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.
COMING SOON
THREE BAY GARAGE 25 car parking Solid building Hamilton Downtown core Auto related business area Call for more details
8 plex Cap rate up to 7.5% Great East Hamilton Location
1712_DJW_1_0030
$99,900
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 STONEY CREEK MOUNTAIN
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RESTAURANT HAMILTON - $119,900
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.
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legallyspeaking
What can a commercial landlord
do about tenant default? By Jayson Schwarz and Aaron Grinhaus
Y
ou signed a five-year lease with a new tenant. His credit checked out and all is well – or was... Suddenly, it’s two years later and cheques begin to bounce. You try to speak to the tenant, but communication breaks down. You are owed money and your mortgage company wants its payment. What can you do? The decision is between distress and forfeiture. A distress is when you enter the premises, take control, change the locks and seize all of the tenant’s goods on the premises. A forfeiture occurs when you change the locks and terminate the lease. Remember, a lease is your blueprint on how to proceed and if you have a loose lease, you may have limited options. Whatever the lease does not cover, the Commercial Tenancies Act, R.S.O. 1990, c. L.7 will regulate. Before a landlord can distress the property, a few conditions apply. You must give the tenant notice in writing of the breach. The governing law states that notice is required, unless the lease says otherwise (remember that loose lease). Such notice must be given 15 days before changing the locks. Provided you have the authority by lease or statute, the way to go about this is to attend at the premises with a locksmith and your prepared Notice of Distress and change the
14G COM
locks. Remember, you must give the tenant access to the premises during normal working hours. Your lawyer can give you detailed advice on how to wend your way through this technical area, so no mistakes are made. Why distress? Subject to PST and HST, you have the right, if the tenant does not pay you current (quite often plus accelerated rent) within five days of the distress, to have the tenant’s goods sold to pay your rent and costs. A Landlord’s distress just about comes before everyone, including secured bank debt – except monies still owing on a conditional sales contract and a bankruptcy trustee if the tenant goes bankrupt before you have completed a sale. If you get all your money, the lease is back in good standing and the tenant’s obligations continue. In a forfeiture, you re-enter the property for the express purpose of terminating the lease, throwing the tenant out and moving forward to release immediately. Having a proper notice is critical. Once the landlord re-enters properly and is in accordance with the law and the lease, the property is secured for the benefit of the landlord alone and the tenant is denied access. The landlord and tenant relationship is ended. The tenant may remove his or her property and the landlord must try to stem his or her damages by re-renting to someone else. This is old law for the case of Highway Properties Ltd. vs. Kelly, Douglas & Co., [1971] S.C.R. 562 stated that once a landlord terminates a lease, it has a duty to mitigate damages by finding a new tenant so that it can offset the losses owed by the old tenant. You still have the right to sue the tenant for your losses, but good luck, unless you have personal guarantees. 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.
Jayson Schwarz LL.M is a Toronto real estate lawyer and partner in the law firm Schwarz Law LLP.
CommerCial ProPerties Business oPPortunities FranChise oPenings & more!
11255535_1712
COMMERCIAL BUILDING WITH RESIDENCE - $699,900
Angela Asadoorian Broker of Record Office:
519-740-6400 angiea@royallepage.ca
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Local Cambridge Landmark for sale. Located less than 5 minutes to 401 and central to Kitchener-Waterloo. 3,500 commercial - retail building for sale. Current greenhouse may be opportunity for future expansion. Lot size is 116 frontage x 188 depth. Ample parking at rear for easy access to busy regional road. Special feature is riverfront property at rear, onto the Speed River. Many modernizations since 1999. The residence is an additional 1,000 sq ft and is legal non conforming use. For private showings call Angela Asadoorian. MLS 1291427.
Royal LePage Crown Realty Services Inc., 480 Hespeler Road, Cambridge N1R 7R9
9735712_1712
BRANTFORD 30 UNITS APT. BUILDING REAL ESTATE AND INSURANCE LTD. BROKERAGE
Megna Real Estate & Insurance Ltd. Brokerage 1236 Barton Street East Hamilton Ont. L8H 2V?
P: F:
• Featuring 5-3 bdrms / 14-2 bdrms and
11-1 bdrm. • Well maintained, and in excellent location. • Ample parking, separate hydro meters, and
tenants pay own heat & hydro.
905.547.3553 905.545.6677
• Controlled entry. • Asking $2,190,000. • Showing good return.
roy@megna.com
Please call:
11256041_1712
Roy Megna / Broker of Record 1712_DJW_0001
Be Seen in the limelight! Highlight your hot, new and unique listings. Feature 2 properties and your agent photo in a full colour quarter page ad.
Reserve your space today! 416-784-5060. the CommerCial inVestor: sPotlight
CommerCial ProPerties • Business oPPortunities • FranChise oPenings & more! 15G COM
COMMERCIAL PROPERTIES BUSINESS OPPORTUNITIES FRANCHISE OPENINGS & MORE! DECORATIVE CONCRETE CURBING BUSINESS FOR SALE (KWIK KERB HAMILTON)
$45,000
1712_DJW_0008
11255549_1712
For more details please contact John
Business includes all required equipment as well as a custom built trailer and 20’ x 24’ storage shelter. Marketing equipment with full training and support will be provided as well as a web site. Currently working out of the Hamilton and surrounding areas but business can be relocated anywhere as there is no territorial rights (or franchise fees) associated with this business. We will continue to operate the business until a suitable buyer is found to uphold its good name. New buyer will also receive any outstanding confirmed jobs at time of transaction. Act now before the season starts to take full advantage of confirmed jobs already received.
Unit # 4 - $9.50 per sq. ft. 600 sq. ft. Location is in a busy mall within residential area. Elmira’s Birdland Plaza. MLS 1144449.
Contact us by phone: email:
*Len & Mildred Frey** Unit # 5 - $5.00 per sq. ft. 2400 sq. ft. This unit is a basement unit and would be great for large office or fitness, centre has THE FREY TEAM
519-669-1544
mildred@thefreyteam.com w w w. t h e f r e y t e a m . c o m
*Sales Representative **Broker
8’ ceilings. MLS 1144448. Unit # 3 - 2300 sq. ft. @ $9.50 sq. ft. and 4.50 for common area plus utilties. This is a main floor unit, available July 1st, 2012. MLS 1212128. Call Mildred Frey-Broker. Mildred Frey (Millie)
THE COMMERCIAL INVESTOR: SPOTLIGHT 16G COM
or
www.kwikkerbhamilton.com
25 MANITOU 001 1712_DJW_2091
BROKERAGE INDEPENDENTLY OWNED & OPERATED
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11242322_1712
BIRDLAND PLAZA - ELMIRA REALTY LTD.,
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Baker at (905) 929-Kerb (5372) or kwikkerbhamilton@gmail.com
3G-25 Manitou $7.95/sq. ft. 1140 sq. ft. Office space. With one washroom. Refurbished ready to move in. MLS 1044395. 3F-25 Manitou 1960 sq. ft. of warehouse at $5.00 per sq. ft. Very high ceilings. L-shaped area with overhead doors and one man door. MLS 1134202. 1D-29 Manitou $7.50 per sq. ft. Total of 2,983 sq. ft. with 1200 warehouse and 1,788 office. MLS 1217497. 2E - 27 Manitou $6.50 per sq. ft. Total of 885 sq. ft. of warehouse available immediately. This space is office space. Available immediately. MLS. Call Mildred Frey for more units up-coming.
COMMERCIAL PROPERTIES • BUSINESS OPPORTUNITIES • FRANCHISE OPENINGS & MORE!
$1,395,000 690 WOOLWICH STREET, GUELPH $1.495M
UN
DE R
CO
NT RA
CT
105 ALLEN STREET EAST WATERLOO $495,000 KITCHENER
Uptown Duplex - One side vacant for new owner Current low mortgage rates could produce a 15% return leveraged with 100% occupancy Seller will sign a lease or vacate 1312_DJW_0049
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 ample parking, fully operational kitchen and great exposure.
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9 KING ST/8 ERB ST., WATERLOO $24.00/SF KITCHENER
High profile retail location Front facades to be redone/modernized 23,000 cars per day at this intersection 1600-3600 SF available + basement w/washrooms Excellent signange on both King & Erb Streets
Lease $16.50/sf (net) Price: $1.495M Free standing restaurant. 2.1 acre 100 parking stalls 1312_DJW_1_0672
$374,900 505 PARK ROAD BRANTFORD $4.5M
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. Building is currently leased for 3 years on a net basis.
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Class 'A' Professional Office and Retail units Main Floor: $11.95/SF 1,260-5,320 SF 2ND Floor: $9.95/SF 746-4,200SF Parking: Ample, Onsite Backs on to Wayne Gretzky Parkway
1312_DJW_2_0057
1312_DJW_2_0038
73 KING ST. W., KITCHENER $11.95/SF 450 FREDERICK STREET, KITCHENER $10.95/SF E
385 FREDERICK STREET NE
W
PR
IC
Frederick Mall, various retail opportunities
KITCHENER, ON Commercial land for sale. 4.85 acres. Price: $4.85M. Zoned C6. Located at Hwy 401 & Homer Watson, by Conestoga College. High profile street front on King/Ontario Streets Join Country Style donuts and office tenants On public transportation line 2,141 SF on Main level On site storage in basement
Last unit remaining 3rd floor suite w/private offices 2,425 square feet Elevator, onsite parking, close to expressway.
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ROCKWOOD, ON Close to Guelph, Tim Hortons. Ideal for restaurant & services uses. Now pre-leasing.
1312_DJW_2_0039
8471421_1712
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
inthenews
GTA office market kicks off 2012 with moderated optimism following strong 2011 Avison Young releases its First Quarter 2012 Greater Toronto Area Office Market Report
C
oming off a strong performance in 2011, the Greater Toronto Area (GTA) office market paused in the opening quarter of 2012. The suburban market realized a net gain in occupied space to start the year; however, this growth was countered by losses in the downtown and midtown markets, leaving the overall GTA market in the red. Notwithstanding the lull in activity, especially in downtown Toronto, stakeholders remain confident in the market’s fundamentals, as demonstrated by a stable pipeline of tenant mandates and growing level of new construction. These are some of the key trends noted in Avison Young’s First Quarter 2012 Greater Toronto Area Office Market Report, released recently. “The first quarter results are not entirely surprising and somewhat expected, given the market’s resilience and better-than-expected performance throughout the recent economic downturn and since then,” comments Bill Argeropoulos, vice-president and director of Research (Canada) for Avison Young. According to the report, the overall availability rate (which includes space being marketed for lease but not physically vacant) for all building classes in the GTA declined a modest 10 basis points (bps) from 9.8 per cent at year-end 2011 to 9.7 per cent at the end of the first quarter of 2012. This dip compares with an availability rate of 10.3 per cent in the same quarter one year prior and a 10-year average of 10.9 per cent. In contrast, the overall vacancy rate (physically unoccupied space) across the region increased 30 bps to end the first quarter of 2012 at 7.8 per cent. Despite the uptick in vacancy, it is still 90 bps below the first-quarter 2011 mark of 8.7 per cent and 190 bps below the 10-year average rate of 9.7 per cent. The suburban market, comprising Toronto North, East and West, combined to outpace the downtown and midtown markets. Although the Toronto North and East markets stumbled to start 2012, strong gains in occupancy were recorded in Toronto West - lifting the suburbs’ overall performance into the black. New supply to the market, though, kept the suburban 18G COM
availability and vacancy rates in double-digit territory, currently at 11.9 per cent and 10.3 per cent, respectively. “As anticipated, the gains in the suburbs, particularly in Toronto West, were largely attributed to Target moving into its new Canadian corporate head office at AeroCentre V in the Airport Corporate Centre (ACC). This represents an injection of vitality into a market that was battered during the recent recession,” notes Argeropoulos. “The Toronto West and ACC markets have been home to many U.S. companies over the years, and some of them became victims of the downturn, returning space to the market. So it’s a welcome event to see a major U.S. corporation establishing a new foothold in the GTA.” A successive string of positive results finally turned negative for Toronto’s downtown and midtown markets. Midtown closed out the first quarter of 2012 with availability and vacancy rates of 7.7 per cent and 6 per cent, respectively. After falling to a four-year low of 4.9 per cent at year-end 2011, the vacancy rate in downtown Toronto climbed 40 bps to settle at 5.3 per cent. Coincidentally, availability decreased by the same measure, closing the three-month period ending March 31, 2012 at 7.6 per cent. Argeropoulos continues: “With respect to the downtown market, it was only a matter of time before we saw a slackening in the pace of demand levels, due to the shuffling of tenants among the existing and recently-completed office towers. One quarter does not signal a trend, as Toronto’s downtown market is one of the healthiest in North America, characterized by continued low vacancy rates and upward pressure on rents. We continue to see the confidence in the marketplace via a steady pipeline of tenant mandates for various space requirements, as well as a number of new developments that have been - or are about to be - announced.” Heading into the second quarter, the market can best be described as displaying moderated optimism as a new cycle of office development gains momentum. “Tenants have been, and more than likely will be, drawn from the existing inventory to fill the new towers, similar to the last development cycle. For example, RBC Financial Group and Marsh & McLennan have both been announced as tenants in RBC WaterPark Place and Bremner Tower, respectively, vacating existing premises in other downtown locations. This trend will present challenges for some landlords and opportunities for tenants until the back-fill space is leased. There are still some residual vacancies lingering from the most recent building cycle, and only time will tell how the market will react during this go-round, given the short time gap since the last cycle,” concludes Argeropoulos. 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, principal-managed commercial real estate brokerage firm in North America. Comprising more than 900 real estate professionals in 29 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.
CommerCial ProPerties Business oPPortunities FranChise oPenings & more! OFFICE BUILDING IN BRANTFORD Brokerage
Ken Karakas
11255542_1712
Twin City Realty Inc.
Sales Representative
519.720.2169 Direct 519.756.8111 Office kkarakas@remax.net
ASKING ONLY
11.00/SQ. FT.
$
1712_DJW_0010
BE YOUR OWN BOSS OR GREAT PRIVATE GETAWAY
Escarpment Realty Inc. Brokerage
9 Cottages on approx. 9 acres. Approx. 3-1/2 hrs from Toronto, 30 minutes from North Bay. On picturesque LAKE NIPISSING. Call
Independently Owned and Operated
1.800.567.6257
P AMELA N EGRINOTTI
Pamela Negrinotti, Sales Rep. Cell 905-573-1950 or 1-800-567-6257 Re/Max Escarpment Realty Inc.
Sales Representative Cell:
21,376 square feet with modern space for large tenants requiring wheelchair accesibility. Board rooms, private offices, a cafeteria, storage, kitchen areas & reception. The main floor was recently improved & shows very well. Ample parking available, the property is located on a busy corner providing excellent exposure & easy access. Other features include air conditioning, natural gas heating, an elevator could be added. The zoning allows for offices, medical clinics, commercial schools, convention centre, health clubs, restaurants etc.
905.573.1950
Brokerage.
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11256169_1712
8306470_1712
APARTMENT BUILDINGS WANTED
Escarpment Realty Inc., Brokerage
Independently owned and operated
Terry Tandarich Sales Representative E-mail:
SUBDIVISION LAND AVAILABLE MUSKOKA
MOTEL FOR SALE BURLINGTON WATERFRONT
Draft plan approved for 74
Well maintained 11 unit motel + large owner’s residence on the
Located 2 km’s from the world renowned Taboo Golf Resort. Asking price $1.85Million.
bed & breakfast or wait for future development. Asking price $3.9 Million.
residential building lots in tandarich@gmail.com Gravenhurst. Ready to develop. waterfront. Operate your dream
905.639.7676 “Call Terry and get Real Results” Contact:
Wilfred McIntee & Co. Ltd., Brokerage 105 Garafraxa St. N. Durham, ON N0G 1R0
1712_DJW_1_8000
STATELY STONE BUILDING
519.369.2128 11255951_1712
Jack Lawrence SALES REPRESENTATIVE RES.:
519.369.3816 519.378.5636
I have many qualified buyers searching for multi-residential properties all sizes. Sell Now!
1712_DJW_3_0002
Located in the quaint village of Neustadt. Presently operated as Noah’s Inn. Known for fine dining & licensed for 70 inside & 20 patio with possibility of expansion. 2nd floor offers 4 attractive bedrooms suitable for B & B accommodations as well as owners spacious 1 bedroom apartment. Call for more details. Ask for Jack.
$499,000 EMAIL: jack.lawrence@mcintee.ca • www.jacklawrence.ca • www.mcintee.ca CELL:
1712_DJW_0018
Thinking of Listing - Give me a call - I have buyers for residential, farms, acreage and commercial
the CommerCial inVestor: sPotlight
CommerCial ProPerties • Business oPPortunities • FranChise oPenings & more! 19G COM
11256213_1712
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 20G 20G COM COM
13G COM
21G
COM
9853283_1712
11234269_1712
Shopping Centre Investment Opportunity
Retail Shopping Centre, AAA tenants including: Giant Tiger; Easy Home; Bulk Barn; Pet Vale etc.; 3.28 acre; 41,327 SF; NOI: $450,000; minimum investment $200,000 for 10% of direct ownership, 19% total cash on cash return on investment, please contact for the details. 1712_DJW_6001
$1.777M
Fort Erie Restaurant and Property
ELLE Jewellery and Time Store
$169,000 Surrounded by multi-million dollar homes and condos with a well-known good reputation within 2 and half years, the first exclusive ELLE jewellry and Time Store in North America (Authorized Dealer). Also make custom orders, repairs, buy and sell gold. Turn your luck with key next day and start your own business. Annual net profit over $100,000. 1712_DJW_0054
22G COM
$1.089M
$329,000 Located in downtown Fort Erie, same owner over 13 years, stable business, the owner retired, property and business $329,000.
1712_DJW_2_0033
Realty inc., Brokerage
Independently Owned & Operated
Commercial/Investment Division CommerCial ProPerties and investment/business oPPortunities niCK merali*
latiF merali*
latiF merali*
$29,000 Rarely found in a very good exposure 2 storey commercial building at the corner of Yonge & King. Next to Harvey’s/Swiss Chalet. Unit is totally reno w/ washroom & storage area. Noticeable front and side signage with pylon sign. Very good lctn. Steps to Yonge, TTC, Restaurants & shops! COMMERCIAL/RETAIL. 1712_DJW_0055
$39,000 Plus stock busy & established Convenience/Variety store located at major intersection! Prime location at Highway 7 & surrounded by residential area & school! Over 20 years established! Bright & spacious store with corner location! CONVENIENCE/VARIETY
$48,000 Established & busy pizza restaurant for sale in beautiful Gilford, located on major intersection! Corner exposure w/ loyal customers! Bright & spacious! Equipment & chattels! Rent includes bachelor apartment! Plus expanded seating capacity to 22! PIZZERIA
latiF merali* & niCK merali*
latiF merali*
latiF merali* & niCK merali*
$80,000 Great Investment Opportunity! Prime storefront location with spacious 3 bedroom apartment upstairs! Could live and work in same location or rent it out as an Investment! Prime exposure on busy Barton Street East! Don’t miss this one! STORE WITH APT/OFFICE
$98,000 Established & busy sun tanning studio lctd in Prime Richmond Hill! Newly built in 2009 w/ steady growth yr after yr! 4 spacious rms! Modern & trendy decor! Lots of loyal client! High-end tanning equipment! Many equipments included, too many to list! 1712_DJW_0059 SPA/TANNING
$118,000 Brand new Foot & Health Care Centre franchise specializing in custom made orthotics, custom shoes, medical supplies, braces, podiatry, massage, acupuncture, etc! Doctors’s Office on site providing an additional source of revenue! Very high profit margins & strong 1712_DJW_0060 franchisor support! SALE OF BUSINESS
latiF merali* & niCK merali*
latiF merali* & niCK merali*
ronald tse*
$149,000 Plus stock high volume Convenience/Variety Store lctd on hwy. Stop in most beautiful Niagara-On-The-Lake! Next dr to Hotel! Prime lctn w/ Tim Hortons, Pizza Pizza, Chester Chicken, Mr. Sub, Cold Stone Creamery, etc! Extra incoime from ATM machine! Prime hwy stop w/ steady traffic! CONVENIENCE/VARIETY 1712_DJW_0061
$159,000 Famous Chester’s Chicken franchise lctd in hwy stop in beautiful Niagara-On-The-Lake! Right off Q.E.W. & nxt dr to hotel & close to Niagara College! Plaza includes major tenants like Tim Hortons, Cold Stone Creamery, Pizza Pizza, Convenience, Esso Gas, Etc! Equipment & set-up! FAST FOOD/TAKE OUT 1712_DJW_0062
$218,800 St front shop space in high demand Commerce Gate at Hwy 7! Facing Hwy 7 & Commerce Valley. Minutes to hwys, transit! High traffic plaza w/prof Offices, restaurants & entertainments! Surrounded by banks, offices, hotels, upscale hms & condos. Parking available! RETAIL STORE RELATED 1712_DJW_0063
latiF merali* & niCK merali*
latiF merali*
latiF merali*
$329,000 Established & busy foot & Health Care Centre Franchise Specializing in custom made orthotics, medical supplies, braces, massage, acupuncture, etc! Doctor’s Office on site! High Growth Potential - Only 1.5 yrs established! Very high profit! SALE OF BUSINESS
$329,000 High-end Night Club & Event Venue lctd in prime Whitby Entertainment Complex! Excellent exposure facing Hwy 41! Nxt dr to Jack Astor’s, Cafe Demitre, AMC, etc! Business specializes in Events, Concerts, DJ Dance Club, Banquets, etc! Fully equipped! BAR/TAVERN/ PUB 1712_DJW_0065
$525,000 Prime Investment Opportunity in beautiful Gilford! Earn 8% return! Only 45 mins frm the GTA! Totally reno mixed use building w/2 Commercial Units & 3 Residential Units! Main commercial tnt (Established Pizza Shop) 2 bdrm apt rented for $850/mth, 1 bdrm apt rented for $650/mth! STORE WITH APT/OFFICE 1712_DJW_0066
arKadi miKHalenia** & aleXandre miKHalenia**
CHanY lee**
robbY budiman*
$549,000 Excellent opportunities to purchase well established 10 yr existing business. Business included: Cosmetic Medical Services, Physiotheraphy, Medical Supply, Cosmetic, New and Used Equipment Online Store; Cosmetic School; 2 Web Sites. Open 6 Days/Week! 1712_DJW_0067 MEDICAL/DENTAL .
$699,000 Priced to sell. Be creative w/ this beautiful property. 3 commercial units w/ restaurant, coin laundry & an office & three 2 bdrm apts upstairs. The price includes the restaurant & coin laundry! New roof & restaurant equipment! Lots of reno! COMMERCIAL/RETAIL
$759,000 Fantastic exposure, one of the biggest in the area, Award Winning Design by Mattamy, Live & Work Style, Steps to GO Station, Transit, School, Community Centre, Library, Park, Skating. Commercial uses include: Learning Centre, Barber, Salon, Offices, High Ceiling! 1712_DJW_0069 STORE WITH APT/OFFICE
sold
of for 94% rice asking p
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905-889-2200 10201112_1712
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#1 Office in canada
416-324-2822
†Based on HomeLife Organization Statistics for 1988-2010 *Denotes Sales Representative **Denotes Broker
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9741130_1712