Jan 30 - Feb 27, 2016, Volume 16 Issue 01
INCORPORATING FRANCHISE AND BUSINESS OPPORTUNITIES Full Coverage Area Including Windsor, Hamilton, Toronto, Niagara Falls, Kingston and Ottawa! ORANGEVILLE 31-SUITE APARTMENT BUILDING $2,690,000
INVESTMENT SALE
5,000 Sq.Ft Freestanding Building, Burlington Net Income: $84,000
CONTACT: WILLIAM DEJONG, BROKER OF RECORD Coldwell Banker Commercial Integrity Real Estate Inc., Brokerage 1155 North Service Rd. W. Suite 7 Oakville, ON L6M 3E3 (289) 291-5068 Email: wdejong@cbci.ca 4915_DJW_0043
Well kept unique 4 storey, brick and stucco apartment building, with elevator. The building was previously a historic church built in 1891. It was completely gutted inside and renovated in 1986. Features: 11 Bachelor, 17 – 1-bedroom and 3 – 2-bedroom suites; controlled entry; electric baseboard heating; one gas hot-water tank 2014, (owned); all bathrooms equipped with grab bars; new roof in September 2005; new carpet in all corridors October 2005. Excellent downtown location. Seldom a vacancy – currectly no vacancy.
FOR MARKETING BROCHURE CALL: Winston Davies, Broker of Record
WinCorp Realty Inc., Real Estate Brokerage, 45 Keats Crescent, Guelph, ON N1G 3B1 Tel: 519-836-2080 Fax: 519-836-2081 Email: wjmdavies@rogers.com 3715_DJW_0019
Brokers Information Listing Service 30,000+, Haves & Wants, 75% Exclusive Results in 60 seconds on your phone
ICIWorld.com iciworld.mobi Add It To Your Home Screen Or Add The ICIWorld App
FREE SUBSCRIPTION!
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Cambridge MLS # 30504505 13,735 Square Foot Freestanding Facility 10,400 Sq. Ft. Warehouse, 3,335 Sq. Ft. Office. Centrally located with access off 2 streets. FOR MORE INFORMATION PLEASE CONTACT: Lester Tobin, Sales Representative Coldwell Banker Peter Benninger Realty, Brokerage 519-743-5211 Ext: 3023 email: lester-tobin@coldwellbankerpbr.com 0516_DJW_0005
FC_0516 (COM)
-214-487 6 5 41
INDUSTRIAL/WAREHOUSE FOR SALE $ 1,050,000
Get The Commercial Investor delivered directly to your door! See inside for details
2016-01-26 1:21 PM
HomeLife Bayview Realty Inc., Brokerage
Office: Cell: Fax: Email
Rita Mollicone, B.A.
Residential, Commercial and Investments Sales Representative
COMMERCIAL/RESIDENTIAL
• Immediate sale necessary • $100K reduction • Approx. 2300 sq. ft. commercial on main floor • 3 - 2 bed. apartments • Double garage • Renovated • $1.599M 4915_DJW_1_0038
GAS STATION
905-889-2200 416-508-2949 905-889-3322 ritamollicone@gmail.com
SHOPPERS DRUG MART
• Esso and Truck Stop • 3 acres on Highway 115 just north of Clarindon • Recent expansion & updated tanks, pumps, convenience store, etc. • Highway connection to extended Hwy 407 • $1.69M
4915_DJW_1_0081
4915_DJW_2_0063
OAKVILLE ACRAGE
10 ACRES OAKVILLE
• 50 acres residential & 10 acres commercial • Located near major routes • Much development in the area • $59M & $20M
• Zoned Commercial • Corner Lot • Residential growth all around the area • $20M
FRANCHISEE WANTED
• On a busy Highway • Great exposure • Food court -- beautifully renovated • All AAA tenants
“Making Real Estate Work For You!”
Holly Illman, MBA Brokerage
1 Grand River St., Paris ON Office 519-442-0005
Ti 5 ti
GAS STATION
• Be a success! • Open a proven & established restaurant business • Site available • The rewards can be many Call 416-508-2949 or 416-508-2907
Twin City Realty Inc.
• • •
• Carefree investment - Windsor • Leased to 2021 -- Net rent in 2016 $250K • 19,150 sq. ft. detached building + basement • 3 road frontages • $3.395M
Sales Representative
Direct:
226-388-4083
holly@pinehavensolutions.com
205 KING GEORGE RD, BRANTFORD
• • • •
B 5 b
RESIDENTIAL DEVELOPMENT IN PARIS, ON
• 125 acres 44 acres developable. • Property surrounded by the Nith River on 3 sides. • Walking distance to Downtown Paris • High visibility! Great commercial location just down the road from Wal-Mart. • Very high traffic area. • 3747 square foot building • On approx 0.6 acres of land • Currently set up as an eat-in/take-out pizza restaurant • Sale Price $1,380,000 • Lease Price $22.00 per sq ft 4115_DJW_2_0084
75 ACRE RESIDENTIAL DEVELOPMENT POTENTIAL NORTH END OF PARIS
• Area study close to completion • 263-296 unit development • Sale Price $10,500,000 • Exclusive 4115_DJW_2_0085
D 5 d
70 MILL ST, WOODSTOCK • Development Land • Zoned C4-19. Great location between Dundas St. and Hwy 401 • Zoning change to multi-residential possible. • 1/3 acre • Sale Price $100,000
Call for details. Exclusive.
4115_DJW_0044
4115_DJW_2_0087
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• • • •
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L 3 N T F
Th h In a R
SOUTHWESTERN ONTARIO INVESTMENT TEAM
SOUTHWESTERN ONTARIO INVESTMENT TEAM INVESTMENT OPPORTUNITIES Investment Opportunities Rare Sale Lease Back Opportunity Goderich, Sarnia, London, ON
Industrial Investment Opportunity Brantford, ON
• 3 Single tenant industrial buildings • Located in Goderich, Sarnia, and London • Asking $3,400,000
• • • •
86,106 sq. ft. on 8.04 acres Fully leased to a single tenant Excess land for expansion or outside storage Asking $2,950,000
Tim Schnurr* 519 286 2018 tim.schnurr@cbre.com
Mitchell Blaine* 519 340 2309 mitchell.blaine@cbre.com
Chatham, ON
• • • •
26,613 sq. ft. medical office space Excellent healthcare services tenant mix Close to Chatham/Kent General Hospital Asking $3,100,000 ($116 psf)
Brook Handysides* 519 946 3030 brook.handysides@cbre.com
Joe Benninger* CCIM 519 340 2323 joe.benninger@cbre.com
Commercial Development Land London, ON
• • • •
20.3 Acres Excellent ‘shovel-ready’ commercial arterial site Zoned Restricted Service Commercial RSC 1-6 Asking $10,150,000
David Yanoshita* 519 286 2020 david.yanoshita@cbre.com
London 380 Wellington Street, Suite 30 N6A 5B5 T 519 673 6444 F 519 673 6948
Kevin MacDougall** 519 286 2013 kevin.macdougall@cbre.com
Income Generating Retail Plaza London, ON
• • • •
101,321 sq. ft. plaza & free standing building Pad site with room for additional 15,000 sq. ft. Centre of automotive & furniture retail district Asking $15,600,000
Kevin MacDougall** 519 286 2013 kevin.macdougall@cbre.com
27,644 sq. ft. Retail Plaza London, ON
Chatham Professional Building
11284449_0516
High Profile Industrial Building Kitchener, ON
• 2.38 acre site at signalized intersection • Located in southwest London on prime artery • Asking $6,250,000
• • • •
Jack Cox** 519 286 2007 jack.cox@cbre.com
Dietmar Sommerfeld** Will Hunter* 519 340 2314 519 340 2307 dietmar.sommerfeld@cbre.com will.hunter@cbre.com
Barry Poley* 519 286 2015 barry.poley@cbre.com
Landmark Redevelopment Opportunity Kitchener, ON
24,219 sq. ft. on 2 acres Zoned M-4 Multi-Tenant potential Asking $2,499,900
Industrial/Transport Opportunity Kitchener, ON
• Rare large scale urban redevelopment site • ± 750,000 sq. ft. on ± 27.66 Acres • Proposed Deaadline: February 26,2016
• • • •
Mitchell Blaine* 519 340 2309 mitchell.blaine@cbre.com
Dietmar Sommerfeld** Will Hunter* 519 340 2314 519 340 2307 dietmar.sommerfeld@cbre.com will.hunter@cbre.com
Waterloo Region 101 Frederick Street, Suite 810 N2H 6R2 T 519 744 4900 F 519 571 9315
Martin Cote* 519 340 2317 martin.cote@cbre.com
Windsor 3200 Deziel Drive, Suite 110 N8W 5K8 T 519 252 4095 F 519 252 7554
250 Truck/trailer capacity 17,820 sq. ft. on 8.42 acres Zoned B-1 Asking Price $3,850,000
* Sales Representative ** Broker
www.cbre.ca
This disclaimer shall apply to CBRE Limited, Real Estate Brokerage, and to all other divisions of the Corporation (“CBRE”). The information set out herein, including, without limitation, any projections, images, opinions, assumptions and estimates obtained from third parties (the “Information”) has not been verified by CBRE, and CBRE does not represent, warrant or guarantee the accuracy, correctness and completeness of the Information. CBRE does not accept or assume any responsibility or liability, direct or consequential, for the Information or the recipient’s reliance upon the Information. The recipient of the Information should take such steps as the recipient may deem necessary to verify the Information prior to placing any reliance upon the Information. The Information may change and any property described in the Information may be withdrawn from the market at any time without notice or obligation to the recipient from CBRE. CBRE and the CBRE logo are the service marks of CBRE Limited and/or its affiliated or related companies in other countries. All other marks displayed on this document are the property of their respective owners. All Rights Reserved. Mapping Sources: Canadian Mapping Services canadamapping@cbre.com; DMTI Spatial, Environics Analytics, Microsoft Bing, Google Earth
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COMMERCIAL OPPORTUNITIES (519) 438-5588
3 NEIGHBOURING PROPERTIES
• • •
Multi property income package. Price includes 3 parcels to be sold together in St. Thomas, ON Self storage units, 8 plex multi-unit residential, Side split duplex 10% return with stable income stream ASKING $875,000
David Jongerden Sales Representative
Extension #242
9441 Union Road - Southwold, ON • • • •
•
1170 Wellington Rd. S. - London, ON • Excellent Investment ! • 85 room motel on 3 acres • Seller will leaseback • Prime re-development site • Zoned HS1, 4 • ASKING $4,900,000
Philip Cassis
David Jongerden
Philip Cassis
Gary Pollock
Extension #231
Extension #242
Extension #231
Extension #222
Broker
Sales Representative
SIX FARMS AVAILABLE - Sarnia • • • •
Total of 191 acres with two outbuildings and one farmhouse Currently farmed on a cash crop basis Cell tower at Southwest corner of property with income also included ASKING $1,550,000
Six farms are available in the Sarnia area Ranging from 32 acres up to 600 acres Priced from $11,000 / acre Contact Kenn Poore for additional details on these properties contact agent for pricing
Kenn Poore
Broker
Broker
679 Dundas Street - London, ON • • • • • •
Commercial Opportunity 3,000 plus square feet available Lot size 66 x 152 with ample on-site parking Zoned BDC (17) ASKING $475,000
802 Exeter Road - London, ON • • • • • •
•
Currently professionally managed and maintained Bldg. completely overhauled and re-constructed 2,385 sq.ft. with part of the building wheelchair accessible ASKING $629,900
Brent Rudell
Broker of Record
Andrew Johnson Extension #230
Sales Representative
4823 Dundas Strret - Thorndale, ON • • • • •
Industrial Land Opportunity Approx. 9.5 acres near the corner of Veterans Memorial Parkway / River Road - London, ON Zoned H*LI2 Convenient access to highway 401 ASKING $1,000,000
• • • •
Commercial / Agricultural Opportunity Land available - 40 acres plus Brick Ranch home and 8 year old horse barn Carolinian Restaruant with approximately 3,600 sq.ft. available ASKING $1,650,000
Brent Rudell
Andrew Johnson
Tyler Desjardine
Extension #236
Extension #230
Extension #232
Broker of Record
Extension #236
Building size approximately 6,500 sq.ft. Lot size 0.933 acres Building & Land to be sold ‘AS-IS’ ASKING $899,000
Jameson Lake
1054 Willow Drive - London, ON • • • •
POWER OF SALE
Extension #240
Sales Representative
Extension #224
Broker
Sales Represenative
Sales Representative
www.dtzlondon.com
DTZ Barnicke London Windsor Sarnia Ltd., Real Estate Brokerage, Independently Owned & Operated
DTZ Copyright 2016. The information contained herein was lawfully obtained from sources we consider reliable. DTZ is not responsible and expressly disclaims all liability, for errors, omissions, prior sales, withdrawal from the market or change in price. Seller (or Lessor, as the case may be) and broker make no representation as to the environmental condition of the property and recommend Purchaser’s (or Lessee’s) independent investigation.
11266917_0516
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TORONTO
NIAGARA LU X LA URIO RG E A US & PT S
E AL SC hood UP r ou b igh Ne
• Asking $2,850,000 • Asking $570, 000 per Suite • Located in Toronto Community Known as “The Beaches” • Four of the Five Suites are Well Over 1,000 Square Feet • Excellent Tenant Profile • Property is Full of
• 2 x Two Bedrooms 3 x Three Bedrooms • Potential Upside on Some Rents on the Turnover • Suite Upgrades Include Some New Kitchens, Flooring and Bathrooms • 4.0% CAP Rate
Character and Very Appealing to Tenants
• Treat Financing as Clear
T EN n LL CE ctio EX stru n Co
LONDON
• Near City of Niagara Falls Municipal Offices and
•
1 x Bachelor
• Approx. 85% of All Units
to Arrange Own Financing
OD
TU UPSI D RN OV E ER
• 1 x Bachelor
TR E CL AT A EA S R
ICE PR CED DU E R
• Asking $1,149,000
• 2 x One Bedrooms
• Asking $95,750 per Suite
9 x Two Bedrooms
• Short Drive to University
20 x Two Bedrooms
• Tidy 12 Plex with On-Site
1 x Three Bedrooms
of Western Ontario and
• 5.1% CAP Rate
Fanshawe College
• 15.0% R.O.I. • Ex. 1st Mortgage of Approx. $890,000 at
Maintained Property • Attractive Low Rate VTB to Coincide with Maturing
5.433% Due August 2017 (CMHC insured) to be Assumed
1st Mtg
24 SUITES
and Plumbing
Superintendant
• Good Size Apartment
• Located in a Quiet
Units
Residential
• Located in Proximity to
Neighbourhood • Electric Baseboard
Shopping, Schools and Parks
Heating System • Nice Size Lot 133 Feet x 137 Feet with Ample Paved Parking Area
• 27.0% R.O.I. • Treat Clear. Purchaser to Arrange
12 SUITES
9 x One Bedrooms 9 x Two Bedrooms • Lots of Useable Vacant
• Most Kitchens and Bathrooms Updated • Professionally Managed and Landscaped • Tenants Pay Their Own Hydro
Space in the Lower Level • 6.1 % CAP Rate • 29.3% R.O.I. • Treat Financing as Clear
• Brick Balconies
21 SUITES
3 x One Bedrooms
• Clean and Well
Have Updated Electrical
BELLEVILLE
GO
• 3 x Bachelor
34 x Two Bedrooms
• Asking $78,958 per Suite
• Four Storey Walk-Up
• Asking $1,699,000 • Asking $80,905 per Suite
• Treat as Clear. Purchaser
Resurfaced by Owner
!
22 x One Bedrooms
• Walking Distance to Via Located in Downtown Area Rail Station • Built and Owned in 1983 by the Same Family • Well Constructed • 4 Units Being Fully Concrete Building Renovated • 5.7% CAP Rate • New Elevator Being • 13.7% R.O.I Installed by Owner • Parking Lot Being
U PO PSID TE NT E IAL
N
EO SID UP TURN
57 SUITES
ON
• Asking $1,895,000
EA TS MI UIT X E
• Asking $5,075,000 • Asking $89,035 per Suite
5 SUITES
NT S CE RE ADE GR UP
HAMILTON
GR
NIAGARA MA
L IN OW BU TENA ILD NC ING E
IDE
S UP
• Asking $895,000 • Asking $89,500 per Suite • Access to Public Transit and Various Consumer Amenities within a Short Distance • Potential Upside on Current Rents • 8 of 10 Tenants Pay Their Own Hydro • Potential to Add Additional Apartments • Large Bedrooms in All Two Bedroom Apartments
• 2 x Bachelor 8 x Two Bedrooms • Building May Require Additional Capital and Upgrading in Order to Maximize its Potential • 5.4% CAP Rate • 14.3% R.O.I. • Treat Financing as Clear • Contact Dani Pizzoferrato for More Details
10 SUITES 8172756_0516
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11299473_0516
ROSS GLIGIC PRESIDENT, BROKER OF RECORD
905.825.2378 | Broker@BestRealEstateInc.com
10 UNITS - 2 BUILDINGS - MIXED USED Two adjoining solid brick buildings in the heart of Stratford. 15,000+ SF, 4 levels. 6 newly renovated residential units + 4 updated commercial/retail units. Extensive renovations. Updated utilities & mechanicals. Fully leased. AAA tenants. Great investment. Tenants pay all utilities. 7.1% CAP Rate. Exclusive listing, Principals only please. Rarelly available for sale on this landmark picturesque block.
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PRIME DOWNTOWN LOCATION
$2,195,000
3315_DJW_0025
247 CENTENNIAL PARKWAY N., HAMILTON
QEW & CENTENNIAL PARKWAY 45 GODERICH
OFFICE SPACE
COMMERCIAL/RETAIL/ OFFICE SPACE
OFFICE SPACE
Close to The Court House, City Hall and McMaster, Available Immediately Downtown office space from 107 sq. ft to 1548 sq. ft. From $200/month + HST
For Lease - 4150 sq. ft. - from $7.50 per sq. ft. Close to QEW, Red Hill Parkway & major bus routes.
Available Immediately 4223 sq. ft. Gross Rent Monthly – $5,300 Plenty of parking and signage. Easy access to QEW
8 MAIN ST. E., HAMILTON
1715_DJW_2_0029
1715_DJW_1_0028
1715_DJW_1_7007
905-777-0252 ext 304 E-mail:
info@desantis.com
www.desantis.com
8148088_0516
Tony DeSantis
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$3.975M
0516_DJW_1_0034
28 WEBER ST W, KITCHENER
• Land & Building only • Call Ryan Briggs
• Attractive brick building with offices on main & 2nd floor plus 2 bedroom apartment in loft. • Great exposure with 19,630 AADT (2014).
• Walk to downtown, new provincial courthouse, entertainment, shopping and parks. • Call Ryan Briggs
• High profile office building to be constructed. • Ready for occupancy in 2017.
• Two floors consisting of 11,250 sq ft each. • Possible build to suit for single tenant.
$24.00/SF
85 DUNDAS ST N, CAMBRIDGE
• Freestanding commercial building in busy commercial node • Adjacent to Canadian Tire Development in South Cambridge • Close to Franklin and Dundas intersection • Former Floral store • Call Duncan McLean
• Freestanding building with drive through • Plenty of onsite parking • C-2 zoning allows many retail and office uses
• CAM $4.4.80/sq.ft. • Great location close to Highway 401 • Call Chris McFarlane
• 1910 Georgian Revival architecture, completely renovated with elevator • Located directly beside Guelph General Hospital • On bus route
• 12,494 sf inc. basement • 25 spaces parking • Lease from $10.95/sf • Call Duncan McLean or Ryan Briggs
• Live and work in a gracious home in Downtown Kitchener • Close to transit, shopping & entertainment • 1,400 sq. ft. professional office on main floor - 600 sq. ft. apartment on upper level • CR-3 zoning allows for many medical, personal and office users. • Call Ryan Briggs
FREDERICK MALL, KITCHENER
519.578.0337
CELL:
• Bright nicely finished office space • Floor plates of 15,433, & 15,533 sf, could be leased separately • Additional 30,000 sf can be built plus more parking • Minutes to Hwy 401, Conestoga Colletge & Toyota • Call Ryan Briggs
1165 FRANKLIN ST. CAMBRIDGE LEASE FROM $11.95/SF
• 3,000 sq ft. office unit • High profile building • Close to transit & Highway • CAM $5.27/sf" • Call Chris McFarlane
51 WOODLAWN RD W, GUELPH $11.95/SF
• 1,114 sq ft units with Drive-In door • Great exposure close to Walmart, Home Depot, Canadian Tire, etc. • $11.95/sf rent plus CAM $$6.95/sf • Call Ryan Briggs or Duncan McLean
#2 - 490 WEBER ST N, WATERLOO
• Retail units and Pad Site available • On Bus Route and Highway 7/85 • Great neighbourhood mall with 22,945 AADT (2014) Join Valumart, CIBC, Dollarama and many more • Call Duncan McLean
KITCHENER, ONTARIO
$20.00/SF
0516_DJW_1_0058
$12.95/SF
0516_DJW_2_0032
FROM $10.95/SF 107 YOUNG ST, KITCHENER
0516_DJW_1_0053
55 DELHI ST, GUELPH
4210 KING ST E, KITCHENER
0516_DJW_2_0029
$12.00/SF
0516_DJW_1_0030
0516_DJW_1_0057
FROM $16/SF 300 SHEPPARD AVE. CAMBRIDGE 735 WOOLWICHLEASE ST, GUELPH $20.00/SF
• 0.96 acre Pad Site close to Highway 6 • $8.50/sf CAM for existing building • Potential for redevelopment • Zoned SC-1, ideal for restaurant or bank • Call Duncan McLean or Ryan Briggs
$599,900
• Charming Century Home situated on 2.73 acres of land 5 minutes South of the Town of Fergus and 10 Minutes from Guelph. • Includes a 1 Bedroom accessory apartment, 3,000sf detached workshop, solar panels & FIT contract. Call Ryan Briggs
0516_DJW_0014
0516_DJW_0016
540 BINGEMANS CENTRE DR, KITCHENER $20.00/SF
8372 SIDEROAD 30, FERGUS
0516_DJW_0015
• 3,200 sq. ft. auto garage • 84 ft frontage on 0.22 acre • 3 bays plus ample parking • MR-6 Zoning close to Uptown Waterloo
• Four properties on 0.58 of an acre. • Zoned MR-6. Architectural concept drawings for a 6 storey, • 30 Unit condominium building with 1 level of underground parking. • Call Ryan Briggs
$849,900
0516_DJW_1_0028
$995,000
0516_DJW_1_0029
$995,000 159 ERB ST W, WATERLOO
• 5 acres of C-6 zoned land across from Conestoga College • Zoning allows many commercial, retail, restaurant, office and accomadation uses • Highway exposure • Located within seconds of Highway 401 • Call Duncan McLean
• 4,600 sf showroom with work and office space. • Excellent parking and terrific visibility. • Lease rate includes CAM just pay utilities. • Sublease to March 31st, 2018 or longer term with
$14.35/SF GROSS landlord's approval. • Convenient for Highway 85 access • Call Duncan McLean
RYAN BRIGGS
DUNCAN MCLEAN
CHRIS McFARLANE
PAUL GOULET
Sales Representative
Sales Representative
Sales Representative
Sales Representative
519.498.5775
Ryan@cmarealty.ca
CELL:
519.590.7997
Duncan@cmarealty.ca
CELL:
519.588.6683
Chris@cmarealty.ca
CELL:
11280798_0516
• HD sprinkler system for Class IV commodities • 50 Harwill Road • Call Paul Goulet
146-154 ERB ST W, WATERLOO $1,699,000
0516_DJW_1_0156
0516_DJW_1_0009
• 88,000 square feet • 20 foot clear height • 40 x 40 column bays • 8 insulated dock leveller doors
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49 CONESTOGA COLLEGE BLVD, KITCHENER
0516_DJW_1_6666
$4M
INDUSTRIAL, ST THOMAS
519.878.0223
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SOUTHWESTERN ONTARIO INVESTMENT TEAM
SOUTHWESTERN ONTARIO INVESTMENT TEAM INVESTMENT OPPORTUNITIES Investment Opportunities Commercial Development Land Simcoe, ON
Waterloo, ON
• 1.05 acres in Uptown Waterloo • Potential yield of 197 units, 70,977 sq. ft. commercial space • Asking $5,250,000
Joe Benninger* CCIM 519 340 2323 joe.benninger@cbre.com
Martin Cote* 519 340 2317 martin.cote@cbre.com
Martin Cote* 519 340 2317 martin.cote@cbre.com
Commercial Development Land London, ON
• • • •
26.4 Acres total; will demise into smaller sites Zoned CSA5 (3) Community Shopping Area $525,000/acre for Wharncliffe Rd. frontage $375,000/acre for interior parcels
David Yanoshita* 519 286 2020 david.yanoshita@cbre.com
David Cousins* 519 286 2006 david.cousins@cbre.com
Multi-Tenant Building For Sale Kitchener, ON
Joe Benninger* CCIM 519 340 2323 joe.benninger@cbre.com
• • • •
44 Acres Near future East Boundary Road Currently under municipal planning study Asking $3,900,000
Mitchell Blaine* 519 340 2309 mitchell.blaine@cbre.com
Michael Black* 519 340 2313 michael.black@cbre.com
East London Investment Opportunity London, ON
• Mixed use retail and residential • Located on Dundas, near Adelaide Street • Cash 4 You ground floor retail tenant & two 2nd floor apartments
Medical Office Campus, Shoppers Drug Mart Windsor, ON
Todd Cooney** 519 340 2315 todd.cooney@cbre.com
Brook Handysides* 519 946 3030 brook.handysides@cbre.com
Waterloo Region 101 Frederick Street, Suite 810 N2H 6R2 T 519 744 4900 F 519 571 9315
± 32,564 sq. ft. on ± 3 Acres M-1 General Industrial zoning Possible ± 10,000 sq. ft. expansion available Asking $1,925,000
Tim Schnurr* 519 286 2018 tim.schnurr@cbre.com
• 5 buildings totaling 219,741 SF, 14.3 acres • SDM comprises 50% of the existing in-place rental income • Tenants: CIBC, ListenUP!, 60 Medical Providers
London 380 Wellington Street, Suite 30 N6A 5B5 T 519 673 6444 F 519 673 6948
• • • •
Future Development Land Cambridge, ON
• 7,800 sq. ft. For Sale on 0.49 acres • Zoning: M-3 • Asking $1,595,000
Michael Black* 519 340 2313 michael.black@cbre.com
Freestanding Industrial building St. Jacobs, ON
Uptown Waterloo Redevelopment Opportunity
• 5.29 Acres on Queensway West (Hwy 3) • CS (Service Commercial) zoning • Asking $1,500,000 ($283,554/acre)
11276500_0516
Joe Benninger* CCIM 519 340 2323 joe.benninger@cbre.com
Windsor 3200 Deziel Drive, Suite 110 N8W 5K8 T 519 252 4095 F 519 252 7554
Medical Office Building London, ON
• • • •
22,019 sq. ft. on 1.114 acres Across from LHSC Victoria Hospital 97% leased with surplus parking Asking $4,500,000
Kevin MacDougall** 519 286 2013 kevin.macdougall@cbre.com
* Sales Representative ** Broker
www.cbre.ca
This disclaimer shall apply to CBRE Limited, Real Estate Brokerage, and to all other divisions of the Corporation (“CBRE”). The information set out herein, including, without limitation, any projections, images, opinions, assumptions and estimates obtained from third parties (the “Information”) has not been verified by CBRE, and CBRE does not represent, warrant or guarantee the accuracy, correctness and completeness of the Information. CBRE does not accept or assume any responsibility or liability, direct or consequential, for the Information or the recipient’s reliance upon the Information. The recipient of the Information should take such steps as the recipient may deem necessary to verify the Information prior to placing any reliance upon the Information. The Information may change and any property described in the Information may be withdrawn from the market at any time without notice or obligation to the recipient from CBRE. CBRE and the CBRE logo are the service marks of CBRE Limited and/or its affiliated or related companies in other countries. All other marks displayed on this document are the property of their respective owners. All Rights Reserved. Mapping Sources: Canadian Mapping Services canadamapping@cbre.com; DMTI Spatial, Environics Analytics, Microsoft Bing, Google Earth
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11303141_0516
nd
a
n”) the ket ghts
Garden City Realty Inc., Brokerage
11301409_0516
Independently Owned & Operated
Paul J. Szostak
“WE PRODUCE RESULTS”
Free CMA Evaluation with this cut out ad
192 MARY ST. BRANTFORD
BROKER / C.- C.R.E.C. / A.S.A.
stakteam@gmail.com
905-333-3500
WILSON STREET, ANCASTER Great industrial building in Brantford at Colborne and Park Road. 64,835 square feet, 2 docks, 1 drive-in door, office area. Fantastic parking and truck access from main access to major highways. MLS H3148858.
$2,995,000
$2,188,000
Approximately 5,600 square feet high density corner location. Double driveway. Located in heart of business area in Ancaster/Hamilton across from Smart Centre and future development site. MLS H3148856 BUY, HOLD INVESTMENT FOR FUTURE DEVELOPMENT
"INVESTORS DELIGHT!" - $388,888
"BUILDERS DELIGHT" - $65,777
Renovations required and priced to sell an investor/ renovator/property manager. "Rare Find" Zoning for rooming house/boarding house with walking distance outside your door to hospitals, and shopping located on bus route as well. Excellent find for rehab/rooming house for government assistance programs for the right business person trying to find the location with walking distance and very little dependence on vehicle driving for tenants to be housed. Business entrepreneur special with huge income opportunities available to be great corner property with apartment building in front and behind and lots of stret corner exposure to all amenities including traffic and walk bys. This property is to be sold "as is" and has approximately 9 bedrooms framed in with large facilitating kitchen and eating areas along with common living room areas and potential games room area. H3170478
Offering once in a lifetime very affordable Residential Rural Building lot with all the necessary amenities within a ten minute drive. Also only minutes walk to the Waterfront and beaches of Port Maitland @ Lake Erie. This growing and developing area offers a huge amount of future growth and has been a non stop growing place. Take a drive and experience the solitude of such a wonderful quaint and quiet area to be enjoyed by the lucky purchaser of such a wonderful Building lot! H3169648
LAND FOR SALE - $158,888 - .95 ACRES Cayuga - Builders delight double lot (lots 15 & 16). Currently zoned residential single family with fantastic street view with some of the property bordered by a natural stream (Grand River Conservation) with beautiful views. H3169625 BUILDING LOT OPPORTUNITIES
– Sherbrooke $38,888 - 1609 acres -- H3170098 – Sherbrooke $18,888 - 1.936 acres -- H3170143 – Dunnville $58,888 - 1.09 acres -- H3169647 – Dunnville $65,777 - 1.22 acres corner lot -- H3169751
9G
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Volume 16 Issue 01
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
Special Features 12 MONEY SENSE — BMO poll: Canadian investors believe market volatility will continue in 2016; many remain optimistic about their portfolios
p.14
14 IN THE NEWS — Office space can optimize the delivery of nonprofits’ impact, says Colliers International’s 2016 Not-for-Profit Office Trends survey 18 INVESTOR INSIGHTS — Investing 101: The four dimensions of real estate investing By Andrew la Fleur 28 IN THE NEWS — Canadian entrepreneurs to invest $111 billion in growth plans in 2016: BDC survey 32 TREB REPORT – TREB reports Q4 condo market stats for 2015 42 IN THE NEWS — Morguard - 2016 real estate investment trends to watch in Canada 47 TREB REPORT — Almost 6.1 million square feet of leased space in Q4 2015 50 MONEY SENSE — Canadians hoard an unprecedented $75 billion in extra cash amid market volatility: CIBC 52 INDUSTRY INSIDER — Canadian apartments interest more than Canadians By Ramona Ursu 58 MARKET MINDED — The 1, 2, 3’s of investing this season GLOSSY SECTION EDITORIAL 12G LEGALLY SPEAKING — Why do I need a lawyer to buy a franchise? By Konstantine Chatzidimos and Jayson Schwarz 14G BUSINESS BAROMETER — Rough year in small business confidence ends on lowest note
p. 47
16G BUSINESS BAROMETER — Upcoming Trudeau-Obama meeting urged to pursue red-tape-free-trade
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Commercial Real Estate & Business Opportunities
Volume 16 Issue 01
KITCHENER, WATERLOO & GUELPH
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
KITCHENER, WATERLOO & GUELPH SECTION COVERING: Cambridge Durham Elora
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NewSectionPages_FullColor2015.indd 2 COM_0516.indd 4
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Volume 16 Issue 01
5 Kitchener/Waterloo Guelph & Cambridge
Commercial Real Estate & Business Opportunities
www.teammilovick.com
519-745-7000
Unit 15C, 370 Highland Road West, Kitchener, ON N2M 5J9
Mike Milovick B.B.A., CCIM, Broker
mike@teammilovick.com
fax: 519-489-1333
www.TeamMilovick.com
Invest in Ontario’s Number 1 Town Today!
11298911_0516
Grand Valley Realty
BROKERAGE INDEPENDENTLY OWNED AND OPERATED
Subscribe: Latest KWC Real Estate News: www.FaceBook.com/TeamMilovick 345 SPRUCE STREET, WATERLOO
60 MARSHALL STREET, WATERLOO
• 6 Plex apartment building • $186,000+ Gross Annual Income • 5% cap rate • 30 students • Purpose built in 2011 • MLS
2,480,000
1,450,000
899,900
SOLD
10 DUNBAR ROAD NORTH, WATERLOO
• Nearly $50,000 Gross Annual Income • Rental licensed, 4+4 bedroom format • Leased to end of August, 2015 • MLS
499,900
LLY
NA DITIO
SOLD
CON
429,900
0516_DJW_0048
235 DICK STREET, WATERLOO
• $43,000+ Gross Income • 7+3 Bedroom Duplex • Steps to Uptwon Waterloo • Tremendous Value • MLS
350,000
0516_DJW_2_0030
5-415 KEATS WAY, WATERLOO
310,000
$
• $5000+ cash flow after mortgage • MLS 0516_DJW_0045
• $25,000+ Gross Annual • Loaded with updates Income • MLS • Rental licensed five bedroom 0516_DJW_0046
14 453 ALBERT STREET, WATERLOO • 2 level multi unit • Turnkey rental (D-2) • Ideal for entry level investor • Easy walk to both universities on bus route
• End Unit, Rental Licensed Condo • 5 bedrooms • Direct bus route to UW • MLS
214,900
$
$
0516_DJW_0049
0516_DJW_0047
400 MIDWOOD CRESCENT, WATERLOO
$
• $30,000 Gross Annual Income • Rental licensed five bedroom
• $38,000+ Gross Annual Income • Rental licensed, 4+3 bedroom format • Steps to LRT, Waterloo Park • MLS
$
$ 0516_DJW_1_0031
59 WILLIAM STREET WEST, WATERLOO
235,000
0516_DJW_1_0005
21 AVONDALE AVENUE SOUTH, WATERLOO
• $42,000+ Gross Annual Income • 4+4 Bedroom, Two Unit Building • Newer furnace, flooring, paint, shed • MLS
$
429,900
499,900
$
• $48,000+ Annual Gross • Spacious bedrooms, two Income Available! car garage for landlord • 9 student city-approved, or tenant storage. rental licensed property • MLS 0516_DJW_1_0004
$
67 CARDILL CRESCENT, WATERLOO
LLY
649,900
0516_DJW_1_0047
465 HAZEL STREET, WATERLOO
• $56,000+ Potential Gross Income • 10 Students • Side-by-Side Semis • C9-6 Zoning • Uptown Waterloo • Oversized Lot • MLS
0516_DJW_1_0094
NA DITIO
$ 0516_DJW_1_0007
84-86 REGINA STREET NORTH, WATERLOO
• $72,000+ Gross Income • Licensed Triplex • 13 Rental bedrooms • Two Units Purpose Built • MR-25 Zoning • Mostly re-rented for September • MLS
$
$
949,900
$ 0516_DJW_1_0006
310 KING STREET NORTH, WATERLOO
499,900
• Commercial Development Site • Across from St. Jacob's Farmer's Market • C3 Zoning, 1.96 Acres • MLS
• $117,000 Annual Gross Income • 4 Plex Apartment Building • 20 students • Fully rented • MLS
$
CON
840 KING STREET NORTH, WOOLWICH
0516_DJW_2_0024
BRIDGEPORT LOFTS, WATERLOO
• Unit • Unit • Unit • Unit
15 - $307,900 - 5.48% Cap, MLS 6 - $309,900 - 4.80% Cap, MLS 17 - $317,900 - 4.92% Cap, MLS 20 - $399,900 - 5.22% Cap, MLS
0516_DJW_1_0101
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3:47 PM
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6
Commercial Real Estate & Business Opportunities
Volume 16 Issue 01
Kitchener/Waterloo Guelph & Cambridge
COLDWELL BANKER COMMERCIAL COLDWELL BANKER COMMERCIAL PETER BENNINGER REALTY, BROKERAGE PETER BENNINGER REALTY, BROKERAGE 508 RIVERBEND DRIVE, KITCHENER, ON. 508 RIVERBEND DRIVE, KITCHENER, ON. Phone: 519‐743‐5211 Phone: 519‐743‐5211
www.coldwellbankerpbr.com/commercial www.coldwellbankerpbr.com/commercial
e: commercial@coldwellbankerpbr.com e: commercial@coldwellbankerpbr.com
www.coldwellbankerpbr.com/commercial
e: commercial@coldwellbankerpbr.com
920 SF Divisible· $1,999/ Mth·MLS:1337773 OFFICE/RETAIL COLDWELL BANKER COMMERCIAL 8,991 SF· $12.50/SF · MLS:30504305· Kitchener OFFICE/RETAIL R E T A I L F O R S A FOR L E / L ELEASE ASE I N D U S T R I A L / WFOR A R ESALE HOUSE Waterloo · Impressive, 2nd floor office in well New Building, High Visibility, Free on‐site park‐ F O R L E A S E / S A L E PETER BENNINGER REALTY, BROKERAGE known building. Abundance of natural light. RETAIL OR REDEVELOPMENT SITE 1,485 SF- 2,056 SF · $16.00/SF · MLS: ing. John Hoffman*/ Gary Boudreau* 1,586 SF · 0.12 Acres · $979,000 28,100 SF · $1,850,000 · Exclusive · Kitchener 24/7 electronic reader board. Free parking with 508 RIVERBEND DRIVE, KITCHENER, ON. 1432155/163/162 · Waterloo ·Located at the MLS:1421708, 1421709 ·· Kitchener · Unique 13,735 SF · $4.95/SF $1,050,000 · Cambridge amenities nearby. Very accessible, Hwy Also for Lease $8.75/SF MLS 30504304 · Long many entrance to the new Carriage Crossing upscale Phone: 519‐743‐5211 High Profile Location. Corner Lot. Located Mth · MLS: KW1337773 Waterloo 920 SF · $1,999/ 85 & iXpress seconds away. Colin Vogel* MLS#30504533/30504505 · Freestanding facility standing retail in uses downtown community. Zoningdestination allows for many includfarmers market. Great Re-development SF· $1,000/Mth· MLS:1444266 ·Kitchener Impressive, 2nd oor office in well known beside Industrial/Warehouse. Centrally located Kitchener over 80 years! office Excellent location 1,058 site. Lester Tobin*with ing retail, for business, medical and more. Great space for professional, medical or office.24/7 building. Abundance of natural light. access off 2 streets.10,400 SF Warehouse, 3,335 for continued retail for patio hi‐tech ! Only 3 units left! End or Capconversion unit w/finished Ample parking on King. Gary Boudreau* 4,900 SF· 1,450,000 · MLS 1517403· Kitchener SF Divisible· $1,999/ Mth·MLS:1337773 OFFICE/RETAIL FOR SALE electronic reader board. Free parking with many OFFICE/RETAIL FOR LEASE SF Office. Lester Tobin* John Hoffman*/Gary Boudreau* 920 office user. Colin Vogel* Exceptional property. Freestanding, Renovated, Waterloo · Impressive, 2nd floor office in well 85 & new ameni�es nearby. Very Hwy HV/AC installed, very interesting building. 2,786 SF · $32.00/SF Net ·accessible, MLS:1444530 Abundance of natural light. parking spaces onsite. John RETAIL OR REDEVELOPMENT SITEHoffman* 1,049SF· SF $19.95/SF· MLS: 1447244· Kitchener 6,287 SF ·$7.00/SF· MLS: KW1531928· Kitchener iXpress building. seconds away. location Private also avail. 23 736 Net· MLS: KW1534274 known 1,485 SF-·$75.00/SF 2,056 SF · $16.00/SF · MLS: Waterloo · High profile inoffices Waterloo’s 1,586 SF · 0.12 Acres · $979,000 24/7 electronic reader board. Free parking with Last unit! Drive-up·retail/office unit located in Rare to find! 2 drive thru truck bays, one with Inquire for details! Colin Vogel* 1432155/163/162 Waterloo ·Located at the OFFICE BUILDING FOR SALE/LEASE Waterloo · Indoor mall style on two levels. High University district. Two level retail unit with MLS:1421708, 1421709 · Kitchener · Unique amenities nearby. Very accessible, Hwy newly developed community, minutes from Hwy many 12,184 SF · room $2,095,000 OR $5.50/SF · Waterloo pit. Profile Tool attached. Abundant yard space on-site parking situated at base of a student entrance to the Carriage Crossing upscale pedestrian and new traffic location. Good tenant High Location. Corner Lot. Located 85 & iXpress seconds away. Colin Vogel* # 401 and Conestoga College. Lester community. Zoning allows for many uses Tobin* includ- apartment building. Lester Tobin* beside MLS 1521512 Well suited office building, high farmers ·market. Great Re-development avail. at extra cost. John Hoffman* 1,882 SF·SF $1,000/Mth· · $13.75/SF· MLS: KW1527151 support. Lester Tobin* 1,058 MLS:1444266 ·Kitchener site. finishes throughout, existing Lester Tobin* retail, business, medical office and more. furnishings ing Waterloo 2nd professional, floor professional office. Great space· for medical or office.High quality 1,153 SF - 3,853 SF · $24.00 - $30.00/SF Only SF· 3 units left! End· Cap unit w/finished patio! 1,500 10,759 SF · $26.00/SF Net are included. James Boudreau** Ample parking on King. Gary Boudreau* 5,000 $16.95/SF MLS:30504304· Kitchener 4,900 SF· 1,450,000 · MLS 1517403· Kitchener traffic/visibility intersection. Additional space 9,360 SF· $6.50/SF ·MLS: 30501592· Kitchener MLS: 1437 13/614/608/599/602/595/607/605 1512116 · Kitchener · New retail plaza on Exceptional property. Freestanding, Renovated, John Hoffman*/Gary Boudreau* Kitchener · New space at Sportsworld Crossing. New Building, High Visibility, Free on‐site park‐ MLS: could be available. Colin Vogel* 7,699 sf 16 dock shipping area. 1,661 sf office w/ corner of Fischer - Hallman and Seabrook Dr. INDUSTRIAL/WAREHOUSE FOR new HV/AC installed, very interesting building. Join existing retail & restaurant traffic draw. 2,786 SF · $32.00/SF Net · MLS:1444530 ing. John Hoffman*/ Gary Boudreau* drivers area, new doors, High-exposure high traffic. Ample on-site 23 parking spaces onsite. Johnbright, Hoffman*well 1,049 SF · $19.95/SF· MLS: 1447244· Kitchener SALE/LEASE Lester Tobin*/ Gary Boudreau* Waterloo · High profile location in Waterloo’s drive-up parking. Tobin* windowed. John Hoffman* AAA OFFICE SPACE AVAILABLE Lester · WATERLOO Last unit! Drive-up retail/office unit located in OFFICE BUILDING FOR SALE/LEASE University district. Two level retail unit with 2,598 SF · $11.00/SF Net · MLS: 1511580 2,550 SF · $12.00/SF · MLS:30502295·Cambridge 114,033 SF· $14.50/SF Net · Exclusive · 10,688 newly developed community, minutes from Hwy on-site SF · $6.75/SF· EXCLUSIVE · Waterloo situated at base of a student 21,775 parking SF · $5.50/SF · MLS 1518080· Kitchener 12,184 SF · $2,095,000 OR $5.50/SF · Waterloo Kitchener · High traffic; 44,914 Vehicles daily. Great Location. Exposure to King St. N. Across Retail store front unit with high exposure and # 401 and Conestoga College. Lester Tobin* apartment Beautifully finished, ample parking, natural light building. Lester Tobin* MLS 1521512 · Well suited office building, high 6,350 ‐ 8,786 SF · $5.25‐$5.75/SF · MLS 1534730/ M 3 Zoning. John Hoffman*/ Gary Boudreau* Excellent manufacturing and/or warehouse from Conestoga Mall. John Hoffman* high traffic. Located in downtown Preston. 1534722 · Kitchener · 2 units avail.‐end unit w/ throughout. James Boudreau** quality finishes throughout, existing furnishings facility. Good power, loading and parking 1,153 SF - 3,853 SF · $24.00 - $30.00/SF 3,931 SF · $3.00/SF · MLS:1414196 · Kitchener Lester Tobin* 1,500 - 10,759 SF · $26.00/SF Net included. James Boudreau** R. Blake Hull* are 4,900 1437 SF· $14.50 SF· $1,450,000 MLS: 13/614/608/599/602/595/607/605 Lrg showroom, 2 drive‐in doors. 2nd unit w/25% 10,300 ·$8.95/SF · New MLS: KW1534976 1512116 · Kitchener retail plaza on Dry storage or distribution at a low cost. Extra 1,100 SF ·SF $5.50/SF· MLS ·1521635 · Kitchener MLS:1437522· Kitchener · Crossing. MLS: Kitchener · New1517403 space at ·Sportsworld yard space available. John Hoffman* 530 SF · retail $18.00/SF · MLS: 30506783· corner of Fischer Hallman and Seabrook Dr.Work finished office space, nice finish, dock & drive, INDUSTRIAL/WAREHOUSE FOR Fullyexisting renovated, open webbed ceiling. Newly Waterloo · -Very finished tech space. Join & restaurant traffic draw. High Traffic High-well exposure location. On-site great location. John Hoffman* High-exposure high traffic. Ample on-site renovated, veryLester interesting building. parking Kitchener · Turn‐key hair/nail salon. High traffic SALE/LEASE 2,306 SF · $5.50/SF · MLS: 1511731 Tobin*/ Gary 23 Boudreau* parking available for tenant Lester Tobin* stations, 4 meeting rooms, some private offices, drive-up parking. Lester Tobin* spaces onsite. CAM’s only $5!drive‐up John Hoffman* Kitchener · Very central location, Finished location. Ample on‐site parking. lab space, large lunch room. 2,598 SF · $11.00/SF Net · MLS: 1511580 3,450 SF · $11.00/SF Gross · MLS: KW1537169 office LargeEXCLUSIVE Garage door, 17’ clear 10,688w/ SF2 ·w/r’s. $6.75/SF· · Waterloo Kitchener Lester Tobin* 2,100 SF 1517955 ·Kitchener Waterloo 21,775 SF· ·$10.35/SF $5.50/SF · MLS 1518080· John Hoffman* Great traffic;·44,914 Vehicles daily. Kitchener · Clean industrial space, finished 5,200 SF ·· High $12.00/SF MLS:1441235 ceiling in shop. Exposure to King John Hoffman* Location. St. N. Across Industrial/Retail space. Sub-lease until Aug. manufacturing and/or warehouse M 3 Zoning.· Fully Johnfinished Hoffman*/ Gary Boudreau* from Conestoga Mall. John Hoffman* Cambridge w/ Excellent offices, ample power. James Boudreau** RETAIL/STUDIO SPACE office/retail FOR space LEASE 9,360 SF· $6.50/SF· MLS:1431568 · Kitchener 2016. Long term lease available. facility. Good power, loading and parking Dock high exposure. Minutes from hwy# 401. On-site O F F I C E B U I L D I N G F O R L E A S E & S A L E 3,931 SFdoors, · $3.00/SF · MLS:1414196 · Kitchener for 21’ clear span shop. Great 3,092 SF · $6.00/SF· MLS: 30502290 · Cambridge James Boudreau**/Gary Boudreau* R. Blake Hull* 1621,775 4,900 SF· $14.50 SF· SF· or $4.50/SF ·MLS: Kitchener parking. Space can be$1,450,000 divided. Lester Tobin* 12,184 SF· Divisible · 1,975,000 · $12.95/SF MLS: Dry distribution at a 30505583· low cost. Extra high volume trucking business. Large land for Great location, 1517403 on main artery · (hwy #8) 1,100 SF · $5.50/SF· MLS 1521635 · Kitchener yardstorage MLS:1437522· · Kitchener space available. John Hoffman* truck and trailer avail. @ extra and/or expense. 7,699 Excellent manufacturing warehouse KW 1521512 · Waterloo · Well located office Fully renovated, open webbed ceiling. Newly - High SF· exposure location. On-site 1,100Traffic SF · $16.00 MLS 12 · Kitchener M736 i n uSF t e s· $75.00/SF south of hwy 401. Lester Tobin* shop & 1,661 SFpower, office. loading John Hoffman* · MLS: 1444506 · Waterloo High facility. building. Quality forfinishes Existing sf 2,306 SF · Good $5.50/SF · MLS: 1511731and parking. renovated, very interesting building. 23 parking parking available tenant throughout. Lester Tobin* Last Unit! Indoor mall style units John on twoHoffman* levels in High Traffic - High exposure location. On-site spaces onsite. CAM’s only $5! R. Blake Hull* Kitchener · Very central location, Finished furnishings are . 1,774 SF · $9/SF · MLS: KW1531511· Kitchener parking available for tenant Lester included. Tobin* 2,400 SF · $5.50/SF · MLS:1431886 the heart of Waterloo’s University District w/ office w/SF· 2 w/r’s. Large·MLS: Garage door, 17’ clear 6,994 $7.00/SF · Kitchener James Boudreau** Kitchener Excellent space in 530506432 unit industrial . 2,100 SF · $10.35/SF · MLS 1517955 · Waterloo Bi‐ level space, retail or tech. Full A/C Abundant direct access to landlord’s student residential 5,200 SF · $12.00/SF · MLS:1441235 ceiling inspace, shop. good mix of office John Hoffman* Clean w/light bldg. Suitable for small manufacturing space or 2,237 SF · $14.00/SF· MLS: 1521035 · Waterloo Industrial/Retail space. Sub-lease until Aug. parking. A · Fully very finished economical opportunity. tenants (over 2,000). High pedestrian &space trafficw/ Cambridge office/retail service commercial Easy ·access to manufacturing and assembly space. Easy access 9,360 SF· $6.50/SF·business. MLS:1431568 Kitchener 2016. term lease available. PrivateLong entrance with winding stairway leading location. John Hoffman* Lester Tobin* & Cambridge. R. .Blake high exposure. Minutes from hwy# 401. On-site 800 SF · $22.00/SF · MLS: 30501217 · Waterloo Guelph, Great Hull* for Dock K-W doors, 21’ clear span shop James Boudreau* 16to expressway. Roman Ginzburg* to professional 2ndBoudreau**/Gary floor office. Well appointed parking. Space can be divided. Lester Tobin* Rare main floor opportunity. High traffic high volume trucking business. Large land for 915 SF 1514008·Net Stratford Colin Vogel* INDUSTRIAL PROPERTY FOR SALE & LEASE 1,770 to · $12.00/SF 5,947 SF · · MLS: $20.00/SF · MLS: reception area. truck and trailer avail. @ extra expense. 7,699 Last unit! Located near· downtown core and retail new intersection of University & Bridge. Seconds 28,000 30505595/5597/5598 Kitchener· sf shop SF & 1,661 office. I ·N2,400 V ESF S TSF MMezzanine E N T F OJohn R· 3.09 SHoffman* A LAcres E 736 SF · $75.00/SF · MLS: 1444506 ·New Waterloo 1,100 SF · $16.00 SF· MLS 12 · Kitchener $1,895,000·$4.50/SF Net MLS: 1434971, from Hwy 85. Colin Vogel* University. Great exposure. Ample on-site drive- 2,050 SF· $16.00/SF · MLS:1424242 - High exposure location.· Brantford On-site plaza on Huron Rd. with high traffic & exposure, Last Unit! Indoor mall style units on two levels in High Traffic · Cambridge · Zoned M3 – dynamic 1511326 End capavailable retail unit.forDrive-up up parking. Lester Tobin* parking tenant . parking. Lester Tobin* 2,400 SF · $5.50/SF · MLS:1431886 Heavy the heart of Waterloo’s University District w/ HWY exposure. ample on‐site drive‐up parking. Lester Tobin* uses. power. Was a federal food grade LesterKitchener Tobin* Kitchener 28,100 SF on 3 oors · $1,850,000 · direct access to landlord’s student residential facility. John R E T A I LExcellent O R space R E D EinV 5E Lunit O Pindustrial MHoffman* ENT . SITE bldg. Suitable for small manufacturing or 874 SF · $1,300/Mth· MLS 1514546 · Port Elgin 2,237 SF · $14.00/SF· MLS: 1521035 · Waterloo Exclusive · Retail/Office Space. Central to many 1,100 SF · $5.50/SF · MLS: 30501890 · Kitchener tenants (over 2,000). High pedestrian & traffic 1,586 commercial SF · 0.12 Acres · $925,000 · MLS: 4,200 SF · $10.50/SF Net · MLS: 1418072 service Easy access to 3050 High traffic retail location. Located across from 5,040 SF· $810,000 business. · MLS: 1437535· Waterloo entrance with winding stairway leading location. Lester Tobin* ini�a�ves and improvements in Uthe downtown High Traffic ‐ High exposure location. On‐site Private K-Wunder &· Cambridge. R. Blake Hull* 1737/1745 Kitchener · existing Unique High Profile Waterloo · Busy location, close to of W, W.L.U Guelph, .60 Ac. Site utilized w/ 5040 sf Tim Horton’s at signalized intersection. to professional 2nd floor office. Well appointed core including the city centre condos & minutes parking available for Tenant. Lester Tobin* Many uses with Lot. I-6 Zoning including Location. Corner Located beside 100% farmers & Conestoga Pkwy.I-6 Zoning. Gary Boudreau* bldg. James Boudreau**/Gary 915 SF · $12.00/SF · MLS: 1514008·Boudreau* Stratford reception area. Colin Vogel* INDUSTRIAL PROPERTY FOR SALE & LEASE office. John Hoffman* from the transit hub. 28,000 market. Lester Tobin* SF · 2,400 SF Mezzanine · 3.09 Acres Last unit! Located near downtown core and new Colin Vogel*/ Peter Benninger** $1,895,000·$4.50/SF Net MLS: 1434971, * Sales Representa�ve University. O F FGreat I C E Fexposure. O R S A LAmple E / L Eon-site A S E drive- 2,050 SF· $16.00/SF · MLS:1424242 · Brantford 1511326 cap retail unit. Drive-up parking. C O M M· ECambridge R C I A L / · Zoned R E S I DM3 E N–Tdynamic IAL MIX up parking. Lester Tobin* End ** Broker Heavy power. Was a federal food grade HWY Tobin* 8,500 exposure. SF · Main Floor ; 8,500 Lester SF Lower Level uses. 1,572 SF· $399,000·MLS: KW 1531391·Waterloo facility. John Hoffman* 839 SF· $12.00/SF ·MLS: KW1537515 · Kitchener 874 SF · $1,300/Mth· MLS 1514546 · Port Elgin $1,250,000 ·Simcoe · Exclusive · Centrally Locat‐ Potential main floor commercial and 2nd floor 4,200 SF · $10.50/SF Net · MLS: 1418072 Finished office, great for medical & service use. High traffic retail location. Located across from SF· $810,000 · MLS: 1437535· ed in the heart of Norfolk County. Poten�al for 5,040 residential in Uptown Waterloo. Waterloo Many new Waterloo · Busy location, close to U of W, W.L.U .60 Ac. Site under utilized w/ existing 5040 sf Tim Horton’s at signalized intersection. Gary Boudreau*/ James Boudreau** ver�cal growth. Colin Vogel*/Peter Benninger upgrades. Lester Tobin* James Boudreau**/Gary Boudreau* &Conestoga Pkwy.I-6 Zoning. Gary Boudreau* bldg. Many uses with I-6 Zoning including 100% office. John Hoffman*
* Sales Representa�ve * Sales Representa�ve ** Broker ** Broker
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Volume 16 Issue 01
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Commercial Real Estate & Business Opportunities
Kitchener/Waterloo Guelph & Cambridge
COLDWELL BANKER COMMERCIAL COLDWELL BANKER COMMERCIAL PETER BENNINGER REALTY, BROKERAGE PETER BENNINGER REALTY, BROKERAGE 508 RIVERBEND DRIVE, KITCHENER, ON. 508 RIVERBEND DRIVE, KITCHENER, ON. Phone: 519‐743‐5211 Phone: 519‐743‐5211
www.coldwellbankerpbr.com/commercial www.coldwellbankerpbr.com/commercial
e: commercial@coldwellbankerpbr.com e: commercial@coldwellbankerpbr.com
96,129 SF on 6.18 Acres · $5,900,000 MLS: 8.28 Acres · $1,558,000 · MLS: KW 1522201 4,437 SF · $399,000 · MLS: KW1531898 COLDWELL BANKER COMMERCIAL 96,129 SF on 6.18 Acres · $5,900,000 4,437 SF · · Established $399,000 since · MLS: Acres · · $1,558,000 · MLS: to KW 1522201 30501792 · Kitchener · Investment For MLS: Sale, 8.28 1996 KW1531898 with many Cambridge Fantastic location build up to Waterloo 30501792 · Kitchener · Investment For Sale, Waterloo · Established since 1996 with many Cambridge · Fantastic location to build up to PETER BENNINGER REALTY, BROKERAGE lease in place , single tenant. Call for 64,207 sq. ft. in 2 buildings. Many uses within locations throughout Ontario. Family style lease in place , single tenant. Call for 64,207 2 buildings. Many uses locations throughout Ontario. sq. ft. in details. John Hoffman* with liquor license and Family seating style for M3 zoning including residential. In within park restaurant 508 RIVERBEND DRIVE, KITCHENER, ON. setting. John Hoffman* details. John Hoffman* M3 zoning including residential. In park 148 plus 25 on patio. Lester Tobin* restaurant with liquor license and seating for I N V E S T M E N T setting. John Hoffman* Phone: 519‐743‐5211 RETAIL/RESIDENTIAL 148 plus 25 on patio. Lester Tobin* SHOP AND LOT · EMLS: RE‐DEVELOPMENT S I T E MECHANIC R7E,T7A1 I2L / RS EF · S I $895,000 D E N T I A L · Cambridge INVESTM N T G R E A T 1,440 SF· $559,000·MLS: KW1535223· Kitchener 30506322 Retail/residential or Owner/User 25,182 SF · $2,420,000 · MLS: e: commercial@coldwellbankerpbr.com KW1417598 www.coldwellbankerpbr.com/commercial SHOP AND LOT 7 , 7 1 2 S F · $895,000 · Cambridge · MLS: G R E A T RE‐DEVELOPMENT S I T E MECHANIC property. Main floor 5,642 SF(2 units) Upper Brockville · Some medical onsite. Walking Established mechanic business on quarter acre 96,129 SF Retail/residential on 6.18 Acres · $5,900,000 MLS: 25,182 SF · $399,000 · MLS: KW1531898 8.28 Acres · $2,420,000 $1,558,000 · · MLS: KW 1522201 4,437 1,440 SF· $559,000·MLS: KW1535223· Kitchener 30506322 or Owner/User SF · MLS: KW1417598 site. Ideal for used car sales. R. Blake Hull* floor‐ Three apartments. Lester Tobin* distance from Hospital. Some new leases 30501792 Main · Kitchener · Investment For Sale, Brockville · Established since 1996 with many Cambridge · · Some Fantastic location to build up to Waterloo Established mechanic business on quarter acre property. floor 5,642 SF(2 units) Upper medical onsite. Walking 1,154 SF· $89,900 · MLS: KW1535044 · St Jacobs lease in place , single tenant. Call for pending. John Hoffman*/Gary Boudreau* throughout Ontario. Family style 64,207 sq. ft. in 2 buildings. Many uses within locations site. Ideal for used car sales. R. Blake Hull* distance floor‐ Three apartments. Lester Tobin* 96,129 SF on 6.18 Acres · $5,900,000 · MLS: Retail business for sale. Over 20 successful from Hospital. Some new leases details. John Hoffman* M3 zoning including residential. In park restaurant with liquor license and seating for 1,154 SF· $89,900 · MLS: KW1535044 · St Jacobs 30501792 Kitchener · Investment For Sale, lease years in business! Take over before Christmas 66.58 Acres · $2,200,000 · EXCLUSIVE 148 plus 25 on patio. Lester Tobin* pending. John Hoffman*/Gary Boudreau* setting. John Hoffman* in place ,single tenant. Call for details. James Boudreau**/ Gary Boudreau* 96,129 SF on 6.18 Acres · $5,900,000 · MLS: Retail business for sale. Over 20 successful Cambridge· Under consideration to change OP RETAIL/RESIDENTIAL I N V E S T M E N T John Hoffman* designation to industrial. Peter Benninger** MECHANIC 30501792 Kitchener · Investment For Sale, lease years in Take over before SHOP AND Christmas LOT 7 , 7 1 2 S F · $895,000 · Cambridge · MLS: 66.58 Acres · $2,200,000 · EXCLUSIVE G R E A T R E ‐ D E V E L O P M E N T S I T E 1,800 SF business! · $195,000 ·MLS:30502387· Waterloo 25,182 SF · $2,420,000 · MLS: KW1417598 Well established & highly respected full service 1,440 SF· $559,000·MLS: KW1535223· Kitchener in place ,single tenant. Call details. Cambridge· James Boudreau**/ Gary Boudreau* 30506322 Retail/residential or for Owner/User Under consideration to change OP LAND FOR SALE Approx.217 Acres · $4,340,000 · EXCLUSIVE Established mechanic on quarter property. Main floor 5,642 SF(2 units) Upper designation to industrial. Peter Benninger** John Hoffman* Brockville · Some medical onsite. Walking fine/casual dining business restaurant located acre in Waterloo Region · Currently Being Farmed. Call 1,800 SF · $195,000 ·MLS:30502387· Waterloo site. Ideal for used car sales. R. Blake Hull* floor‐ Three apartments. Lester Tobin* distance from Hospital. Some new leases ND FOR SALE Waterloo’s uptown. Lester Tobin* DEVELOPMENT LA for info pkg! Peter Benninger**/Colin Vogel* 1,154 SF· $89,900 · MLS: KW1535044 · St Jacobs Well established & highly respected full service 3 . 5 8 A c r e Ls A · N$995,000 · Backs pending. John Hoffman*/Gary Boudreau* D F O R · S Conestogo ALE 96,129 SF on 6.18 Acres · $5,900,000 · MLS: Approx.217 Acres · $4,340,000 · EXCLUSIVE Retail M business in U L Tdining I ‐ Ffor A Msale. Irestaurant L Y Over F O R 20 S located Asuccessful LE 2.8 Ac.Land · $4,000/month · MLS: KW 1514567 onto forested area. Excellent re‐development Waterloo Region · Currently Being Farmed. Call fine/casual 30501792 Kitchener · Investment For Sale, lease 66.58 in business! Take over before Christmas Acres with · $2,200,000 · EXCLUSIVE Waterloo’s uptown. Lester Tobin* one gate, graveled and years Dopportunity. E V E L O P M E James Boudreau N T L A N D **/ Gary Boudreau F O R S A L E* Fully fenced in place ,single tenant. Call for details. for info pkg! Peter Benninger**/Colin Vogel* Cambridge· Under consideration to change OP James Boudreau**/ Gary Boudreau* Units · $5,500,0000 · MLS: 30505507 3 John Hoffman* . 5 8 A c r e s · $995,000 · Conestogo · Backs compacted. Bleams Road coming through in the 36 COMMERCIAL DEVELOPMENT LAND FOR SALE designation to industrial. Peter Benninger** Spring of 2015! John Hoffman* Kitchener Brand 1,800 SF U· · L$195,000 M T I ‐ F ANew! M·MLS:30502387· I L Y100% F O RLeased, S AWaterloo L E 100% 2.8 Ac.Land · $4,000/month · MLS: KW 1514567 onto forested area. Excellent re‐development 5,498 SF (approx) · $850,000 · Kitchener Income guarantee& bldg warranty. Generously Well established & highly respected full service Fully fenced with one gate, graveled and 1.03 Acres · $1,995,000 · MLS: 30502898 James Boudreau **/ Gary Boudreau * opportunity. L A N D F O R S A L E EXCLUSIVE · Income potential from buildings. Approx.217 Acres · $4,340,000 · EXCLUSIVE sized units w/premium finishes, stainless dining restaurant located steel in 1 Acre of Urban Development Land. Wide range fine/casual Redevelopment parcel. James Boudreau** compacted. Bleams Road coming through in the 36 Units · in $5,500,0000 · Separate MLS: 30505507 Waterloo Region · Currently Being Farmed. Call appliances, suite laundry, hydro & Waterloo’s uptown. Lester Tobin* T L A N D LAND F O R FOR SSALE A L E Spring of 2015! John Hoffman* of uses permitted. James Boudreau* Kitchener · Brand New! 100% Leased, COMMERCIAL DEVELOPMENT D E V E L O P M E N for info pkg! Peter Benninger**/Colin Vogel* 100% gas meters. Located steps away from shopping 3 . 5N8D & ABc U r (approx) eI Ls D I· N$995,000 LA G S · ‐ I$850,000 N V · E SConestogo T M E · N TKitchener O· F Backs F I C E 5,498 SF Income bldg 10.87 Acres · $3,600,000· EXCLUSIVE· Brantford & expwy major Mguarantee& U L T I ‐On FAM I L Ywarranty. F Otransit R S AGenerously L E route. 2.8 Ac.Land · $4,000/month · MLS: KW 1514567 onto forested area. Excellent ·MLS# re‐development 12,853SF ·$2,500,000·Kitchener 30503036 1.03 Acres · $1,995,000 · MLS: 30502898 EXCLUSIVE · Income potential from buildings. High traffic, high visibility. Part of intensification sized units w/premium finishes, stainless steel Fully fenced with one gate, graveled and Eric Reiner* Multi‐tenant James Boudreau office building. **/ Centrally located. Gary Boudreau * 1 Acre of Urban Development Land. Wide range opportunity. Redevelopment parcel. James Boudreau** corridor being studied by the city. appliances, suite laundry, · Separate hydro & compacted. Bleams Road coming through in the Units · in $5,500,0000 MLS: 30505507 Zoning & property suitable for many uses. 36 For Commercial Real Estate COMMERCIAL DEVELOPMENT LAND FOR SALE of uses permitted. James Boudreau* Peter Benninger** · Brand New! 100% Leased, 100% James Boudreau** Spring of 2015! John Hoffman* Kitchener gas meters. Located steps away from shopping Solutions in Canada's Technology L 5,498 A N D & BSF U I L(approx) D I N G S ‐ · I N$850,000 V E S T M E N· T Kitchener OFFICE Income guarantee& bldg warranty. Generously 10.87 Acres · $3,600,000· EXCLUSIVE· Brantford & expwy On major transit route. Triangle, contact any one of our 6.60 Acres (+/‐) Commercial/Retail 1.03 Acres · $1,995,000 · MLS: 30502898 12,853SF 30503036 LAND ·$2,500,000·Kitchener AND BUILDINGS FOR SALE EXCLUSIVE · Income potential ·MLS# from buildings. units w/premium finishes, stainless steel sales representatives, or call 2.94 Acres (+/‐) Residential $1,000,000 Per Acre Eric Reiner* 1 Acre of Urban Development Land. Wide range sized 3,687 SF · office $775,000 · MLS: KW1537347· Multi‐tenant building. Centrally located. High traffic, high visibility. Part of intensification Redevelopment parcel. James Boudreau** appliances, in suite laundry, Separate hydro & 519-743-5211. Exclusive Tremendous Opportunity on major of uses permitted. James Boudreau* corridor being studied by the city. St Jacobs pay rent? Excellent opportunity Zoning & Why property suitable for many uses. arterial road. Considerable exposure along gas meters. Located steps away from shopping SALES For Commercial Real Estate REPRESENTATIVES: L A N DOwner/User. & B U I L D I N G SRedevelopment ‐ I N V E S T M E N T potential. O F F I C E Peter Benninger** for James Boudreau** 10.87 Acres · $3,600,000· EXCLUSIVE· Brantford expwy On major transit route. Ottawa Street. Concepts for res portion & Solutions in Canada's Technology 12,853SF ·$2,500,000·Kitchener ·MLS# 30503036 James Boudreau**/ Gary Boudreau* Gary Boudreau * · ext. 3029 High traffic, high visibility. Part of intensification include 140 stacked (+/‐) town homes or a 134 unit Eric Reiner* Multi‐tenant office building. Centrally located. 6.60 Triangle, contact any one of our Acres Commercial/Retail James Boudreau ** · ext. 3020 LAND AND BUILDINGS FOR 1244781 SALE corridor studied city. 37.5 Acres · $1,700,000 · MLS: retirement being homes or a 134 by unit the retirement Zoning & property suitable for KW many uses. sales Colson representatives, call 2.94 Acres (+/‐) Residential $1,000,000 Per Acre Selby * · ext.or3100 For Commercial Real Estate 3,687 SF · $775,000 · MLS: KW1537347· Peter Benninger** Port Elgin · Incredible investment. At the facility Peter Benninger** James Boudreau** Exclusive 519-743-5211. Tremendous Opportunity on major Solutions in Canada's Technology Mike Flynn * · ext. 3037 gateway St Jacobs Why pay Elgin. rent? 800 Excellent opportunity to Port meters from new 6.60 Triangle, contact any ·one our Acres Considerable (+/‐) Commercial/Retail Roman Ginzburg* ext. of 3103 road. exposure along LAND AND a few BUILDINGS FOR SALES REPRESENTATIVES: Walmart plaza min. walk to one of SALE the arterial for Owner/User. Redevelopment potential. 0.35 Acres · $1,425,000 · Exclusive · Kitchener sales Hoffman representatives, or3040 call 2.94 Acres (+/‐) Residential $1,000,000 Per Acre John * · ext. 3,687 beautiful SF · $775,000 MLS: KW1537347· Ottawa Street. opportunity Concepts in for the res heart portion most sandy · beaches in Ontario! Development of James Boudreau**/ Gary Boudreau* 519-743-5211. Gary Boudreau ext. 3120 3029 Exclusive Tremendous Opportunity on major Bill Halpenny * * ·· ext. Jacobs Why pay rent? Excellent Boudreau** opportunity include 140 stacked town homes or a 134 unit St James downtown Kitchener. Capitalize on current DC arterial road. Considerable exposure along James ext. 3032 3020 SALES REPRESENTATIVES: R. BlakeBoudreau Hull * ** ·· ext. for Owner/User. Redevelopment potential. 37.5 Acres · $1,700,000 · MLS: KW 1244781 retirement homes Concepts or a 134 for unit res retirement exemptions. Peter Benninger**/Colin Vogel* Street. portion HIGH DENSITY MIXED USE DEVELOPMENT Ottawa Eric * * * ··· ext. SelbyReiner Colson ext. 2099 3100 James Boudreau**/ Gary Boudreau* Gary Boudreau ext. 3029 Port Elgin Incredible · EXCLUSIVE· investment. Kitchener At the facility Peter Benninger** include 140 3.25 Acres· · $5,850,000 B Ustacked S I N E Stown S F Ohomes R S Aor L Ea 134 unit Lester Tobin ··· ext. Mike Flynn * * ** ext. 3023 3037 James Boudreau ext. 3020 gateway to Elgin. 800 meters from new 37.5 Acres · 2 $1,700,000 · MLS: KW 1244781 homes or a 134 unit retirement Frontage on Port major streets at the gateway to retirement Colin Vogel ** ··· ext. 3110 Roman Ginzburg* ext. 3103 Selby Colson ext. 3100 Port Elgin · a Incredible investment. At the 0.35 Walmart plaza few min. walk to one to of Hwy the facility Peter Benninger** 1,489 SF · · $1,425,000 $159,000 · · Exclusive MLS: KW1527315 Acres · Kitchener downtown Kitchener. Excellent access Harmony Voisin ·· ext. 3117 Mike * ** John Flynn Hoffman · ext. ext. 3037 3040 from new gateway to Port Elgin. 800 meters Waterloo · Fit for life sandwich bar located on 401 via Hwy 8 Directly on proposed light rail most beautiful sandy beaches in Ontario! Development opportunity in the heart of Roman Ginzburg* Bill Halpenny * ext. 3103 3120 BROKER OF RECORD : ·· ext. Walmart plaza a few Benninger**/Colin min. walk to one Vogel* of the downtown 0.35 Acres Kitchener. · $1,425,000 · Exclusive · Kitchener busiest corner in Waterloo’s University District. transit route. Peter James Boudreau** Capitalize on current DC John Hoffman * · ext. 3040 Peter Benninger** · ext. R. Blake Hull * · ext.3000 3032 most beautiful sandy beaches in Ontario! Development opportunity in the heart of New Location ‐ High traffic. Lester Tobin* exemptions. Peter Benninger**/Colin Vogel* Bill Halpenny * · ext. 3120 James Boudreau** downtown Kitchener. Capitalize on current DC HIGH DENSITY MIXED USE DEVELOPMENT Eric Reiner * · ext. 2099 R. Blake Hull * · ext. 3032 exemptions. Peter Benninger**/Colin Vogel* 3.25 Acres· $5,850,000 · EXCLUSIVE· Kitchener B U S I N E S S F O R S A L E Lester Tobin * · ext. 2099 3023 * Sales Representa�ve HIGH DENSITY MIXED USE DEVELOPMENT Eric Reiner * · ext. Frontage on 2 major streets at the gateway to Colin Vogel ext. 3023 3110 3.25 Acres· $5,850,000 · EXCLUSIVE· Kitchener BUSINESS FOR SALE Lester Tobin* ** Broker * ·· ext. SF · $159,000 · MLS: KW1527315 downtown Kitchener. access to Hwy Harmony Voisin * ext. 3110 3117 Frontage on 2 major Excellent streets at the gateway to 1,489 Colin Vogel * ·· ext. 1,489 SF · Fit · $159,000 · MLS: downtown access to Hwy Harmony Voisin * · ext. 3117 for life sandwich bar KW1527315 located on 401 via Hwy Kitchener. 8 Directly Excellent on proposed light rail Waterloo Waterloo · Fit for life sandwich bar located on BROKER OF RECORD: 401 via Hwy 8 Directly on proposed light rail busiest corner in Waterloo’s University District. transit route. Peter Benninger**/Colin Vogel* BROKER OF RECORD: · ext. 3000 busiest corner in Waterloo’s University District. Peter Benninger** transit route. Peter Benninger**/Colin Vogel* New Location ‐ High traffic. Lester Tobin* Peter Benninger** · ext. 3000 New Location ‐ High traffic. Lester Tobin*
* Sales Representa�ve * Sales Representa�ve ** Broker ** Broker Please say you saw it in The Commercial Investor
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Commercial Real Estate & Business Opportunities
Volume 16 Issue 01
Kitchener/Waterloo Guelph & Cambridge 11236833_0516
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EXCLUSIVE LISTING
23 SOUTHDALE AVE., KITCHENER
This all brick six-unit building is located on a quiet residential street. It is easy to manage with a total of 6 single people residing in the building. Some work required. 0516_DJW_0091
Beautiful 5 plex with 4 garages in building. Extensive renovations: roof, windows, sliding doors, etc. Solid concrete construction.
EXCLUSIVE LISTING
$489,000
Kitchener/Waterloo Guelph & Cambridge
$525,000
$650,000
9
Commercial Real Estate & Business Opportunities
Elegant duplex on large lot (65'x155') with 1 garage + 4 parking spaces and walkout basement. Close to Columbia Street.
EXCLUSIVE LISTING
372 ALBERT ST., WATERLOO
650,000
0516_DJW_0092
Large 6-plex, solid concrete construction in good condition and central location.
EXCLUSIVE LISTING
88 SECOND AVE., KITCHENER
0516_DJW_0093
122 FRANKLIN ST. N., KITCHENER
0516_DJW_0094
11288908_0516
Broker
What our clients are saying about us “I have 2 ads currently in the Commercial investor. I have had a steady flow of calls primarily from investors in the 416/905 areas regarding my properties. I am really pleased with the results & the quality of prospects for the properties I enjoy listing & selling.” Thank you Doreen.
Nelson Conroy Sales Representative
Royal LePage Triland Realty Brokerage London/St. Thomas For information call 1.800.268.0077 Please say you saw it in The Commercial Investor
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Volume 16 Issue 01
Commercial Real Estate & Business Opportunities
Kitchener/Waterloo Guelph & Cambridge
519.742.7000 www.coupalmarkou.com
SALE 835 VICTORIA STREET NORTH, KITCHENER
SALE
SALE 1015-1051 KING ST EAST, KITCHENER
93 LODGE STREET, WATERLOO
SOLD • High profile investment property with successful long term tenant in place • Oversized parking lot • Site could accommodate a much larger building if re-developed • 5358 sq ft • $1,500,000 0516_DJW_2_0023
EXCLUSIVE
0516_DJW_4_0021
SALE 1250 FISCHER HALLMAN ROAD, KITCHENER
• 3.49 acre high profile corner property • Official Plan allows mixed use • Retail/commercial, office & residential • $3,600,000
SALE
0516_DJW_1_0042
KITCHENER/WATERLOO
MLS
0516_DJW_2_7778
SALE 341 MARSLAND DRIVE, WATERLOO
• Prime investment/re-development opportunity • Easy access to Conestoga Expressway • 59,000 sq ft on 5.83 acres • $7,800,000 MLS
0516_DJW_2_0036
• Across from future LRT • 1.19 acre redevelopment site • Corner of King & Ottawa Street • Existing income in place • $2,295,000
• Established 6 bay car wash • Price includes land, building and equipment • 3,540 sq ft on 0.54 acres • $1,549,000
SALE
300 BRIDGE ST EAST, KITCHENER
• 72.9 acres • 44.65 acres developable • Strategically located on the new Hwy 7 realignment • $9,900,000 MLS
0516_DJW_3_0021
SALE
KITCHENER/WATERLOO
FREESTANDING BUILDING
CARWASH / BOXWASH
NATIONAL TENANT
Sales $415,000 (2015) Growing
5.5% CAP
Asking $3,250,000 PRINCIPALS ONLY
PRINCIPALS ONLY
Exclusive
Exclusive
Christopher Coupal
John Markou
Theo Papadopoulos
Broker of Record, Principal christopher@coupalmarkou.com 519-742-7000 x 101
Broker, Principal john@coupalmarkou.com 519-742-7000 x 102
Sales Representative theo@coupalmarkou.com 519-742-7000 x 103
CONNECT
0516
The information set out herein is for advertising purposes, with information obtained from sources deemed to be reliable. No warranty or representation is made as to its accuracy, correctness and completeness of the information, being subject to errors, omissions, conditions, prior sale/lease, withdrawal or other changes without notice. Coupal Markou Commercial Real Estate Inc., Brokerage
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Commercial Real Estate & Business Opportunities
519.742.7000 www.coupalmarkou.com
SALE
54 BRIDGE ST WEST, KITCHENER
• Prime residential development site • 1.23 acres with 181.28 ft frontage • Premilinary site plan approval in place for • 32 unit apartment building or stacked townhouses • $1,195,000 MLS
0516_DJW_1_0117
SALE PROFITABLE BUSINESS, KITCHENER
• Great opportunity to own a pub, billiards & banquet facility • Long term lease in place • Very profitable business • $695,000
SALE
2492 CEDAR CREEK ROAD, AYR
• Restaurant for sale • Approximately 110 seats • Located at busy Flying Jay truck stop plaza at Hwy #97 & #401 • $359,000
0516_DJW_0076
0516_DJW_0024
LEASE 120-122 KING STREET NORTH, WATERLOO LEASE 92 KING STREET SOUTH, WATERLOO
LEASE
• Prime Uptown Waterloo office space located across from "The Shops of Waterloo Town Square" • Entire second floor with private entrance • 3,600 sq ft • $10.00/sq ft Net
• Medical building located directly behind Grand River Hospital • Pharmacy on-site & on-site parking • Zoning allows for many uses • Units from 750-1,500 sq ft • Lease rates from $710 - 1,420/month
0516_DJW_4_0051
EXCLUSIVE
• Second floor space with private entrance • Excellent location across from "The Shops of Waterloo Town Square" • On GRT route and minutes from Hwy 85 • 1,016 sq ft (approximately) • $10.00/sq ft Net 0516_DJW_3_0063
MLS
453 PARK STREET, KITCHENER
MLS
0516_DJW_2_0093
LEASE 655 ERB STEET WEST, WATERLOO
LEASE 324 HIGHLAND ROAD WEST, KITCHENER LEASE 535 BELMONT AVENUE WEST, KITCHENER
• Retail space with fantastic roundabout exposure • Attractive in-line space with frontage on both sides • Units from 1720 - 3620 sq ft • $20.00/sq ft Net
• Retail units in busy plaza • High traffic corner with great street exposure • Units of 1,198 and 1,641 sq ft • $24.00 - 26.00/sq ft Net
0516_DJW_2_0077
0516_DJW_3_0078
Kitchener/Waterloo Guelph & Cambridge
Volume 16 Issue 01
• Office Space in quaint medical building in Belmont Village • Main floor space • 1,200 sq ft • $2,068/month Net 0516_DJW_2_0022
Christopher Coupal
John Markou
Theo Papadopoulos
Broker of Record, Principal christopher@coupalmarkou.com 519-742-7000 x 101
Broker, Principal john@coupalmarkou.com 519-742-7000 x 102
Sales Representative theo@coupalmarkou.com 519-742-7000 x 103
CONNECT
0516
The information set out herein is for advertising purposes, with information obtained from sources deemed to be reliable. No warranty or representation is made as to its accuracy, correctness and completeness of the information, being subject to errors, omissions, conditions, prior sale/lease, withdrawal or other changes without notice. Coupal Markou Commercial Real Estate Inc., Brokerage
Please say you saw it in The Commercial Investor
COM_0516.indd 11
2016-01-29 3:31 PM
moneysense
BMO POLL: CANADIAN INVESTORS BELIEVE MARKET VOLATILITY WILL CONTINUE IN 2016; MANY REMAIN OPTIMISTIC ABOUT THEIR PORTFOLIOS
A
report released by BMO Bank of Montreal found that half of Canadians (53 per cent) feel market volatility will remain the same or worsen in 2016. However, almost the same percentage (48 per cent) still expect the value of their portfolio to increase. The report, conducted by Pollara, also revealed that Canadians remain cautious about their investments, with 44 per cent looking for safe solutions and over half (54 per cent) feeling influenced by a volatile market.
“It is prudent for investors to take a cautious approach with their investment portfolios in 2016 given the current state of the market,” noted Paul Taylor, senior vice-president and chief investment officer Asset Allocation, BMO Global Asset Management (Canada).“While investors may feel the need to adjust their investment strategy given volatile markets, a more sound approach is to establish a long-term strategy that is consistent with personal objectives and constraints and is constructed to weather capital markets volatility.” Mr. Taylor added that investors can expect good but not robust opportunities in equities in 2016 based on moderate global economic growth, supportive monetary and fiscal policy, and reasonable equity valuations. To that point, the report revealed that while only one per cent of Canadian investors are taking more risks with their money, investment amounts are not necessarily affected: • A combined 17 per cent of Canadians are investing more or looking for new investment opportunities • Half of Canadians are interested in safer investments, or are exercising extra caution and checking their portfolios more often (50 per cent) “We see that Canadians are still looking to invest despite market changes, but many are unsure how to manage their portfolio better,” said Ryan ffrench, Director, Term Investments, BMO Bank of Montreal.“Considering safer investment vehicles, such as Guaranteed Investment Certificates, can offer a secure and predictable return.” - Canadians are optimistic their investment portfolios will increase, despite perceived market volatility - Canadian investors remain cautious about their investments, consistent with previous years - Moderate global economic growth, supportive monetary and fiscal policy and reasonable equity valuations to support good opportunities in equities in 2016
COM_0516.indd 12
Canadians’ investment behaviours - Regional breakdown Atlantic Quebec Ontario Prairies Alberta BC Investing more than usual
5%
7%
4%
13%
Investing less than usual
7%
9%
14%
20%
15% 16%
Investing in 20% safer investments
35%
24%
34%
41% 20%
6%
5%
14%
26%
8% 24%
Cashed in 3% some investments
3%
9%
11%
14% 15%
14%
15%
18%
7% 12%
Investing in different types to invest more
Seeking opps to invest more
13%
3%
5%
However, mutual funds still most popular investment type among Canadians • Almost nine-in-10 Canadians have some amount of savings or investments (89 per cent) • Mutual funds are the most popular investment being used by more than half of Canadians (52 per cent), followed by stocks and GICs (39 per cent and 37 per cent respectively) Over half of Canadians seek professional financial advice • Two thirds of Canadian investors turn to professionals at least once a year, with 26 per cent of that same group doing so on at least a quarterly basis “Regular conversations with an advisor can help an investor maintain a sense of confidence and ensure they have realistic expectations about how their investments will perform, particularly in more volatile conditions,”noted Mr. ffrench. “BMO is here to help by bringing clarity to investors and provide them with the knowledge and advice they need to make responsible investment decisions.” The BMO Investment Sentiment Survey was conducted by Pollara between December 18th and 21st, 2015 with an online sample of 1,000 adult Canadians. Data has been weighted using the latest census data to be representative of the Canadian population in terms of age, gender and region. The margin of error for a probability sample size of 1,000 is ± 3.1 per cent, 19 times out of 20. Established in 1817, BMO Financial Group is a highly diversified financial services provider based in North America. BMO provides a broad range of retail banking, wealth management and investment banking products and services to more than 12 million customers and conducts business through three operating groups: Personal and Commercial Banking, Wealth Management and BMO Capital Markets.
2016-01-29 3:31 PM
NewSe
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
SECTION COVERING: Brantford Chatham Grey & Bruce Counties Ingersoll London
Owen Sound Sarnia Simcoe Stratford St. Thomas Tillsonburg Windsor Woodstock
SOUTHWESTERN ONTARIO
SOUTHWESTERN ONTARIO
For advertising
contact Doreen Wills Tel: 1-800-268-0077 or 905-570-9283
doreen.wills@ypnexthome.ca thecommercialinvestor@ypnexthome.ca
NewSectionPages_FullColor2015.indd 3 COM_0516.indd 13
2015-03-19 3:47 PM 2016-01-29 3:31 PM
inthenews
OFFICE SPACE CAN OPTIMIZE THE DELIVERY OF NON-PROFITS’ IMPACT, SAYS COLLIERS INTERNATIONAL’S 2016 NOT-FOR-PROFIT OFFICE TRENDS SURVEY
O
ffice space can be a lever for impact and increased organizational capacity, according to a new Not-for-Profit Office Trends Survey completed by Colliers International’s Not-for-Profit Advisory Group. “Non-profits are perpetually trying to maximize the return on finite resources while delivering on their purpose,”says Matthew Johnson, vice president and co-chair of Colliers International Not-for-Profit Advisory Group.“As a result, they should utilize any advantage possible to increase their impact and capacity. Office space is typically an overlooked resource that may have a direct impact on successfully achieving this objective.” The Colliers International Not-for-Profit Office Trend Report identifies Access, Identity, and Collaboration as the three space factors non-profits need to consider in their pursuit of maximizing capacity and optimizing impact. Out of 11 potential options, Access to public transit was identified as easily the most important factor by 42 per cent of the non-profits surveyed in choosing office space. A five minute walk to public transit was highly preferred and offers a tangible return on investment in both increasing work capacity and attracting and retaining employees. “Identity and the ability to use space to espouse an organization’s identity was not on non-profits radar. Non-profits ranked identity 8th out of a choice of 10 building attributes. “Space promotes your image,”adds Matt Johnson.“Office space plays a critical role in telling the story of a non-profit organization and its cause. Common words used to describe their desired office space were ‘efficient’, ‘modest’, ‘professional’, ‘warm’, ‘inviting’, and ‘welcoming’. These adjectives illustrate the need for non-profits to diligently review if their space is proving their desired first and lasting impression.” The Not-for-Profit Office Trend Report showed that 66 per cent of non-profits desired more collaborative work spaces vs. just 26 per cent desiring an open work area. Collaborative work space can be identified as informal meeting areas and kitchens where employees can easily gather to prompt discussions and exchange ideas. These open, collaborative meeting areas result in functional, flexible and productive space. “Clearly, access, identity and collaboration are three key factors non-profits should consider closely when choosing and redesigning office space,”says Peter Davies, vice president and co-chair of Colliers International Not-for-Profit Advisory Group.
COM_0516.indd 14
“Office space for non-profits is more than just a workplace, it can be a catalyst for impact and promote an organization’s identity and purpose. This can result in a greater ability to foster productivity, promote knowledge transfer, attract and retain employees and most importantly for not-for-profits, enhance access to potential funding in order to enhance their mission.” ABOUT COLLIERS INTERNATIONAL GROUP INC. Colliers International Group Inc. (NASDAQ: CIGI; TSX: CIG) is a global leader in commercial real estate services with more than 16,300 professionals operating from 502 offices in 67 countries. With an enterprising culture and significant insider ownership, Colliers professionals provide a full range of services to real estate occupiers, owners and investors worldwide. Services include brokerage, global corporate solutions, investment sales and capital markets, project management and workplace solutions, property and asset management, consulting, valuation and appraisal services, and customized research and thought leadership. Colliers International has been ranked among the top 100 outsourcing firms by the International Association of Outsourcing Professionals’ Global Outsourcing for 10 consecutive years, more than any other real estate services firm. Visit Colliers.com
2016-01-29 3:31 PM
15
Commercial Real Estate & Business Opportunities
11261839_0516
Southwest Ontario
Volume 16 Issue 01
Eavan Travers, CCIM* eavan@eavan.ca
ADVANTAGE REALTY LTD., BROKERAGE**
Office: 519-649-6000
Toll Free: 1-855-649-6001
*Sales Representative
Each Office Independently Owned & Operated** 10116903_0516
LONDON REDEVELOPMENT
401 @ EXIT 129 VACANT PARCEL
19,000 SF Building
Development/Investment Potential
Frontage: 55'
Zoned: Hwy Commercial Industrial
Zoning: Business District Commercial
55 Acres (Approx)
Commercial/Residential Development
30 Min. West of London
$699,000
$1,599,880 0516_DJW_0007
LONDON RETAIL/OFFICE
0516_DJW_0008
LONDON OLD EAST VILLAGE
4,200 SF
Main Floor: 2,800 SF
Parking: 12 On-Site
2nd Floor: 2, 1-Bdrm Units
Traffic: 32,000 Vehicles
Frontage: 20'
Zoning: CC2 Med./Retail/Res.
Parking: On-Site
$599,888
$289,000 0516_DJW_0009
0516_DJW_0010
Please say you saw it in The Commercial Investor
COM_0516.indd 15
2016-01-29 3:31 PM
16
Volume 16 Issue 01
Commercial Real Estate & Business Opportunities
Peter Piazza
Sutton - Huron Shores Realty Inc. Brokerage
SALES REPRESENTATIVE
Independently Owned and Operated
519-797-1007 1-888-727-1007 11241815_0516
TRILAND REALTY BROKERAGE
606 Goderich St., Port Elgin, ON N0H 2C0
Independently Owned & Operated
OFFICE 519-661-0380
519-319-9030 www.ppiazza.com
11301570_0516
4115_DJW_0074
Southwest Ontario
LARGE COMMERCIAL OFFICE BUILDING
Excellent retail/office building. Located at the corner of York and Lyle Street with plenty of parking. Property includes two residential houses 350 and 354. Lyle Street zoned R4-6. 30,000 square foot building easily dividable set up as mixed use retail. Current tenants include doctor, travel agent, research. Large open spaces lend themselves well to use as home improvement store, studios, pharmacy, hardware, etc. Easily divided into smaller units. Potential for owner occupied with investment opportunity. Based on market rents in the area potential gross income is over $325,000 potential net is $168,000 for a cap rate of over 8.4%. ASKING $1,990,000
Brian Shular
Doug Freiburger
Kaitlyn Shular
Judy Howard
Broker of Record
Sales Representative
Sales Representative
Sales Representative
583 CATHERINE ST., PORT ELGIN 544 Goderich St., Port Elgin $499,999 • 3 Commercial Rental Units (fully rented) • Located in the Downtown Core • Plenty of Parking • MLS #411046000409800
4515_DJW_0070
PRIME HWY. COMMERCIAL
5097 Hwy. 21, Port Elgin $489,000 • Sellers are willing to Hold the Mortgage w/$100,000 Deposit • Business & Inventory Negotiable • Would make an Ideal Small Engine Repair shop • MLS #411044000520500 4515_DJW_1_0079
11234136_0516
Additional Parking
4115_DJW_0075
4115_DJW_0076
Extra Income
www.suttonhuronshores.com Not intended to solicit properties currently listed for sale.
Century 21 Heritage House Ltd., Brokerage Independently Owned and Operated
DON PATCHETT
871 Dundas Street, Woodstock
Sales Representative don@donpatchett.com
Cell: 519.421.8911
FREE-STANDING, HIGH EXPOSURE!
• 5700ft main floor • Truck-level dock • Full dry 9ft basement • Pylon sign w/2 exits • Zoned C-4 For more photos go to www.DonPatchett.com
• $795K • Also for lease • 720 Dundas St 0516_DJW_0098
COMMERCIAL/RESIDENTIAL
• Live and work on site • Finished basement • High-traffic corner • Zoned C-5 For more photos go to www.DonPatchett.com
• Also for lease • 690 Peel St 0516_DJW_0099
Please say you saw it in The Commercial Investor
COM_0516.indd 16
2016-01-29 3:31 PM
Volume 16 Issue 01
17
Commercial Real Estate & Business Opportunities
George Gicopoulos Sales Representative
*Independently Owned and Operated
STEAK HOUSE IN SARNIA/POINT EDWARD
CAREFREE INVESTMENT $2,520,000/PORT ELGIN
Over 80 parking spots, free standing 6,200 sq ft building, corner location, great condition. Sales between $800,000 and 1 million yearly. Property and business; business only; or lease with option to buy. Make your reasonable offer and you can have a great deal. This could be your lucky day if you don't 0516_DJW_2_0062 delay.
Great property next to Walmart in Port Elgin. Near the Bruce Nuclear Power plant. Two free standing buildings with national tenants, on 5 and 10 year corporate leases. Buildings less than ten years old on a property of 1 1/3 acres with 185 ft frontage on Hwy #21. 6% Cap Rate.
LONDON INVESTMENT 2.1 MIL
RING A WING FRANCHISE $140,000
Great property with three strong tenants on over 2 acres of land. In London's most active north/east Commercial/Residential areas. Good return on Investment with extra land for additional development. 225 ft. frontage on Highbury Ave. N. Call for details. 0516_DJW_1666
Great business. No franchise fees. Just over 2 years old. In great part of London. Easy operation. Owner with train buyer. Very good deal!
PUB/RESTAURANT $229,000
PROPERTY WITH CAFE READY TO GO $375,000/396 MAIN ST. EXTER
London location, busy area. Steady clientele with long term favorable lease to the tenant. Owner anxious.Try your offer today. 0516_DJW_0070
Completely equipped cafe on approximately 2,000 sq ft on Main Floor. Plus three one bedroom apartment on the second floor. Bring your expertise, and inventory and you can be in business in no time at all. Have the apartments pay your mortgage. It doesn't get better then this. 0516_DJW_0069
Near London Burger Place $99,000 Bistro with catering business $69,000 Downtown London. Ring-A-Wing Franchise, London $189,000 Cafes, Restaurants, Pubs, Big or small. We sell them all.
0516_DJW_0101
Southwest Ontario
Office: 519.672.9881 Direct: 519.672.9891 ext 241 ggicopoulos@royallepagecommercial.com www.geor g egicopou los.com www.royal l epagecommercial.com
11305025_0516
Royal LePage Triland Realty, Brokerage*
0516_DJW_0102
0516_DJW_0068
PUB/RESTAURANT LONDON LOCATION $229,000 Great business, low rent, long term lease, owner anxious
SUBS, WRAPS & PITAS $59,900 Monday to Friday 9 am to 4 pm Office building location, easy operation, great lease.
FAMILY RESTAURANT NEAR LONDON $247,000 - flexible
Please say you saw it in The Commercial Investor
COM_0516.indd 17
2016-01-29 3:31 PM
investorinsights
Investing 101: The four dimensions of real estate investing
By Andrew la Fleur
Disclaimer: this article is not meant to be considered taxation or legal advice. Real estate allows for multiple income streams and has some powerful tax advantages at the same time. Real estate investing actually has four fundamental dimensions that all contribute to your return on investment (ROI).
take advantage of principle pay down. 3. APPRECIATION Buy low, sell high. This is a simple concept and the idea behind appreciation. Capital appreciation is nice to have, but not something you should count on, or plan for. Real estate markets move in cycles and have ups and downs. As long as you
1. CASH FLOW Cash flow is the profit (or loss) that is left over every
have a cash flow producing asset then you are safe and don’t have to worry if
month or every year after you have taken the rent
your property has gone up or down in value.
you have received and paid your expenses. You will not get rich off of cash flow alone, but you will always be able to sleep at night if you know that you’re making money every month and your tenants are paying all your expenses and more on a
Too many investors think that real estate is a get rich quick scheme where you simply buy low one year and sell high the next. The reality is that wealth is created in real estate by taking the long term view and holding properties for decades, not flipping properties every couple years. That being said, history shows that real estate values do tend to go up over time.
property. Cash flow is the foundation of all real estate
TIP: Buy below market value whenever possible.
investing, but it is not the only aspect that makes real estate the most effective asset class for wealth
4. DEPRECIATION
creation.
How can you benefit from appreciation and depreciation?
TIP: Never buy a negative cash flowing property.
The CRA allows you to depreciate the value of your property (not including land value) against the income that it generates. This is also called the Capital Cost Allowance or CCA. This is a write off that
2. PRINCIPLE PAY DOWN When you are a real estate investor, you are outsourcing your debt obligations by having your tenants pay your mortgage. Part of the mortgage payment is going directly to principle pay down which adds to your net worth every month. TIP: Principle pay down actually accelerates over
you do not actually pay for. For many investors (but not all), this gives you a powerful tax deferral or potentially a tax reduction tool. Many people avoid investing in real estate because they do not want to pay taxes on the income. This makes no sense! CCA allows many investors to effectively reduce their annual income on a
time, rewarding long term investors. Always plan to
rental property to zero, meaning they pay no taxes. If you are paying taxes on
buy for the long term.
income, this means that you are making a profit!
Look at this typical mortgage graph:
required to add the amount claimed back to the selling price in the event you sell
Note that if you do elect to claim the CCA on a year to year basis, you are
Debt
Equity
the property.
Annual Payment
This would increase your profit on a sale, which would increase your
$100,000
tax payable. So it allows you to not pay taxes today, but you will have to pay taxes later. TIP: Using depreciation to offset income on rental properties can be a powerful
$50,000
tax deferral or reduction tool for investors.
1
30
You can see that over the life of the mortgage, the interest portion (debt) of the mortgage payments starts high, then decreases. And the principle portion (equity) of the mortgage payments do the reverse. The longer you hold a property, the more you can
COM_0516.indd 18
Andrew la Fleur is an award-winning realtor with Re/ Max. Andrew’s expertise is in helping investors make money in the Toronto condo market. Contact Andrew at 416.371.2333 or andrew@truecondos.com
2016-01-29 3:31 PM
Volume 16 Issue 01
19
Commercial Real Estate & Business Opportunities
GREY BRUCE REALTY INC., BROKERAGE Locally Owned and Independently Operated
Sharm McLean 11277266_0516
Sales Representative
swmclean@rogers.com Southwest Ontario
519-372-5276
FULLY LEASED INCOME PROPERTY IN OWEN SOUND 11303661_0516
Main floor English Pub, 5 year lease 2nd & 3rd floors fully leased residential NOI $229,000. Asking $1,950,000. 4915_DJW_0077
What our clients are saying about us 24 SUITE MULTI-RESIDENTIAL BUILDING IN GUELPH
SOLD
“Thanks to the COMMERCIAL INVESTOR”
Recognized as “THE ADDRESS” for rental living in Guelph. No dollar has been spared on this property over the years. Guelph has one of the lowest vacany rates @ 1.6% - building always full • 6 - 3 Bedroom • 14 -2 Bedroom • 2 - 1 Bedroom • 2 - Oversized Bachelor • Cap rate: 6%
3315_DJW_0028
Asking $3,100,000 Oct 10 -
Nov 7, 2015 , Volume
15 Issue
For all the details, photo gallery, floor plans, and amenities for this beautiful Guelph property please visit our website at
10
www.guelphgeorgian.ca INCORPO Full Coverag
RATING FRANCH
e Area Incl
uding Win
ISE AND BUSINESS
dsor, Ham
3 VALUE PRICE STOREY VACA NT BUIL D - WON’T DING - FOR LAST AT $2.49M ON SALE BUSY HAMIL TON MOUN TAIN
ilton, Toro
Nicholas
Kazan, Broke Royal LePag r | Nicolas Von Bredo e Macro Realty Indepe w, Broke r Tel: 905-5 ndently Owned and , Brokerage Operated 74-3038 1-888-7512229 2115_DJ
QEW EXPO
W_0047
SURE/CLE
LE R SA FO
AR SPAN
/GRIMSBY
OPPORT
nto, Niag
19,000 square feet availab on 3 floors le plus full basement. Currently the up as a school,building is set with offices, classrooms, and medica computer labs. Each l and floor is 4750 sqft. The buildin great conditi g is in on with a and operati new roof ng elevato r. Located on the Hamilt on Mounta along the in, busy Upper St. corrido James r just North expressway. of Lease rate the per sqft. is $13 plus $2.49 million TMI or asking to purcha se.
ara Falls,
PRINCIPALS ONLY PLEASE
UNITIES Kingston
ORAN APARTMEN GEVILLE T BUILDING
31-SUITE
and Ottawa!
$2,690,0
TAWNYA GVOICH
00
Well kept unique 4 storey, brick and stucco apartment with elevato building, r. The buildin previously g was a historic church built in 1891. It was comple inside and renovated tely gutted Features: in 1986. 11 Bachel or, 17 – 1-bedroom and 3 controlled – 2-bedroom suites; entry; electric heating; baseboard one 2014, (ownedgas hot-water tank ); all bathrooms equipped with grab bars; new in Septem roof ber 2005; all corrido new carpet rs in lent downto October 2005. Excelwn locatio FOR MAR vacancy – n. Seldom currectly KETING no vacanc a Winston BROCHURE y. Davie WinCorp CALL: Realty Inc.,s, Broker of 45 Keats Real Estate Record Tel: 519-8 Cresc Brokerage, 36-2080 Fax: 519-8ent, Guelph, ON N1G 36-2081 Email: wjmda3B1 vies@rogers .com
Sales Representative T: 226.314.1600 E: ��������������������.���
3715_D JW_001 9
Fanshaw
e Park Rd. & Richmon d St. (Coming January 2016) Welling Commiss ton Rd. & ione (Coming rs Rd.
Clear span 22,434 SQ.FT. Available building Located For (no interio seconds r column Sale. away from QEW with s), 38’ High Ceiling William Coldwell high profi DeJo le neighb . Banker ors. Commercial ng, Broker of 1155 North Integrity Real Record Estate Servic Oakville, e Road W, Suite7 Inc., Brokerage Tel: (289 ON L6M ) 291-5 3E3
June 2016)
ng@cbci.c
ION!
a
1715_D
JW_008
6
Get The Comm
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tor delivered
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DAY
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(COM)
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BSCRIPT
FC_4115
FREE SU
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COM_0516.indd 19
2016-01-29 3:31 PM
HAMILTON
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
HAMILTON SECTION COVERING:
Grimsby Hamilton Haldimand Stoney Ancaster Caledonia Cayuga Creek Dundas Dunnville
For advertising
contact Doreen Wills Tel: 1-800-268-0077 or 905-570-9283
doreen.wills@ypnexthome.ca thecommercialinvestor@ypnexthome.ca
NewSectionPages_FullColor2015.indd 6 COM_0516.indd 20
2015-03-19 3:47 PM 2016-01-29 3:31 PM
Volume 16 Issue 01
21
Commercial Real Estate & Business Opportunities
Hamilton
8171399_0516
RE/MAX Escarpment Realty Inc Brokerage
4011 HWY 6, HAGERSVILLE $1,975,000 Valuable 10.06ac comm. prop in E. Hagersville. 60-90 mins S. of Toronto. Incs 3 bldngs - Bldng #1 - 14,000sf w/20 offices, 5 baths, 3 kitch, 3 sep. security zones, incs 4000sf htd warehouse. Bldng #2 - 9400sf, 7 bays, UL offices, rented to quality tenant. Bldng # 3 - 1800sf + 1300sf lean to. Huge pvd lot. Enviro reports avail. Zoned MG. 0516_DJW_1_0036
63 8TH CONCESSION, BURFORD $949,000
Pristine 37.57ac income producing property situated across from Burford's southern urban boundary. Incs century 4 bdrm home (circa 1900), 36x40 insltd stl clad wrkshp, 2007 w/conc. flr + 2 - 12x12 drs, 50x80 free-span I-beam building, rented to feed supply/retail tenant + 35ac vegetable soil. $21,100 annual income. *Zoned "A" 0516_DJW_1_0037 0516_DJW_0012
1812 THOMPSON ROAD, WATERFORD $729,000
99 MAIN STREET N, HAGERSVILLE $484,900
868 NORFOLK ST S, SIMCOE $349,000
Exceptional 24.66 ac multi-purp. property incs. 1992-4 lvl side-split w/.garage, det. wrkshp., 5402 sf. Prov. inspected Abattoir, +/20ac. sys. tiled wrkble land_lrg paved prkng lot. Continue as Turn-key meat faculty-ideal for landscaper, trucker, hobbyist-90 mns/Toronto/London near Waterford.
Rare 4.18ac multi-purp. prop. in Hagersville N. limits 20/30mns S/Hamilton, 403 frnt 2.15ac incs renoed vintage 1.5 stry home (circa-1900) oozing w/charm. Ftrs orig. hrdwd, nat. stne FP, lrg. fam. rm, poss. in-law, 24x24 garage, 13. rear 2.03 ac, zoned D-Developmental - borders new subdivision. Maj. value in land! Investor Dream Property.
0516_DJW_1_0051
0516_DJW_1_0015
Turnk-key destination restaurant loc. mins S/Simcoe en route to Turnkey & Long Point. Incs apx. 4500sf building sit. on .82 ac lot w/233' road frntge, paved lot 20/30 vehickes, n/g HVAC, new comm. septic '14 well w/UV MAX syst. '15, LCBO licensed - 106(inside)-36(outdoor patio), "Silverware" syst....see att. equipment list. Incs. 1.5 stry dwelling. Asset purchase-No P&L. By apptmnt only! 0516_DJW_1_0052
17 CAYUGA ST N - CAYUGA - $179,900
2007 MAIN STREET, JARVIS $125,000
2045 MAIN ST - JARVIS - $119,900
Superbly priced comm. prop w/hi visibility in heart of Cayuga's revitalized downtown shopping district. Incs to 2 stry bldng offers 1200 sf retail space + 235 sq ft strg (at rear), 1450 sf 3 bdrm upr lvl resid. unit + full bsmnt. Operating for decades as Variety/Video/Lottery store w/ est. clientele.
Est. profitable fast food restaurant business loc.in Jarvis's prime mn crnr. Boasts ex-visual exposure+hi-traffic/ pedestrian volume. Incs attractve det. bldng w/lrg paved pkng/multiple entries. Offers 724sf retail area, 266sf fully equipped comm. kitch, ofc+strg space. Contact LS re:lease terms-P&L/serious inquiries only!
Superbly priced 1 stry comm. bldg. in heart of Jarvis expanding town 40 mns SW/Hamilton-near Simcoe/P. Dover. Approx 1400 sf open conc. area incs lrg display wndws, bthrm, rear pkng (5/6 cars), n/g furn + c/a. Visual exposure w/hi-volume of pedestrian/vehicle traffic. Ideal retail/ofc/eatery. Survey avail. Sold as is.
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3:47 PM
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22
Volume 16 Issue 01
Commercial Real Estate & Business Opportunities
INVESTPRO REALTY LTD.,
VMYSL
BROKERAGE
Specializing in Multi-Residential Listing and Sales “Your Investment Partner for Life”
Dino Nicosia, Broker of Record
Direct: 905-870-5852 Email: dino@investprorealty.com
Kandy Thompson,
Sales Representative
Direct: 289-244-5627 Email: kandy@investprorealty.com
www.investprorealty.com 9 LEGAL UNITS
CONDO TOWNHOUSE COMPLEX, HAM-
24 UNITS, LONDON
Hamilton ASKING $700,000
Attractive converted old School House in Historic Norfolk Country (Simcoe). Great investment. Visit our website for details. 0516_DJW_1_0046
ASKING $1,499,000
Great East Hamilton location. Minutes to Redhill Express. Can be sold individually. Large 2 and 3 bedrm condos, with rents below market. For more details visit our website.
SOLD
Many recent upgrades. Rents have room for increase. Visit our website for details.
0516_DJW_1_0112
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2015 Was A Great Year For Investors And Looking Forward To A Better 2016
D L O S 0516_DJW_0025
D L O S 0516_DJW_0028
D L O S
D L O S SOLD
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D L O S
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D L O S SOLD
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0516_DJW_0030
“Ready to invest?...you deserve the best” Please say you saw it in The Commercial Investor
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Volume 16 Issue 01
23
Commercial Real Estate & Business Opportunities
INVESTPRO REALTY LTD.,
VMYSL
BROKERAGE
Specializing in Multi-Residential Listing and Sales “Your Investment Partner for Life”
Dino Nicosia, Broker of Record
Direct: 905-870-5852 Email: dino@investprorealty.com
Kandy Thompson,
Sales Representative
Direct: 289-244-5627 Email: kandy@investprorealty.com
www.investprorealty.com Hamilton
2015 Was A Great Year For Investors And Looking Forward To A Better 2016
SOLD
SOLD 0516_DJW_0031
SOLD
SOLD
SOLD 0516_DJW_0032
SOLD 0516_DJW_0034
SOLD
SOLD
SOLD 0516_DJW_0035
SOLD 0516_DJW_0037
SOLD
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0516_DJW_0036
SOLD
SOLD 0516_DJW_8001
SOLD 0516_DJW_0040
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SOLD
SOLD 0516_DJW_0041
SOLD
0516_DJW_0042
SOLD 0516_DJW_0043
0516_DJW_0044
“Ready to invest?...you deserve the best” Please say you saw it in The Commercial Investor
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24
Volume 16 Issue 01
Commercial Real Estate & Business Opportunities
Hamilton
REAL ESTATE’S LONG TERM INVESTMENT STRATEGY CAN BE COMPARED TO THE CHINESE BAMBOO By Dino Nicosia, Broker of Record, Investpro Realty and Appraisal Ltd.
The big question is… “Did the bamboo grow 90 feet in six weeks, or 90 feet in five years?” “The answer is five years, because at any time during that interval, had fertilizing and water not been maintained, the plant would have died.” 8171452_0516
T
his is my favourite article that I share with my investors at the beginning of every year. This is the foundation of Real Estate Wealth and we have to keep reminding ourselves to be patient and hold for long term. Worth Waiting For… North American investors who are obsessed with the next quarter’s results, in contrast with their Chinese counterparts, might draw a lesson from the example of the Chinese Bamboo. Consider the Chinese Bamboo: first the seed is planted. It is watered. It is fertilized. But the first year nothing happens. The second year it is watered and fertilized again, but nothing happens. The same process is repeated during the third and fourth years; still nothing happens. Yet, it is a true fact that during the fifth year, in a period lasting no more than six weeks, the bamboo grows 90 feet.
Similar to the bamboo, real estate in the long term will increase in value. It may not be right away, but it will in time. Keep taking care of the investment and be patient; in the end you will see tremendous growth. The key is to buy and hold for the long term. History has proven over and over, that Real Estate is a solid investment long term investment. Real Estate is a true hedge against inflation with the potential to bring excess wealth to the Wise Investor. With the continuing increase in immigration and with limited land available, it just reinforces the old saying that you should “buy land because they do not make it any more”.
Please say you saw it in The Commercial Investor
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Volume 16 Issue 01
25
Cosmo Costa
9742018_0516
Commercial Real Estate & Business Opportunities
SALES REPRESENTATIVE
Your Investment Property Specialist
Hamilton
STATE REALTY BROKERAGE
ORGANIC DRY CLEANING BUSINESS Excellent 4 unit building consisting of 3-1 BR units and a laundrymat business with all the equipment. Gross income of $41,300. N.O.I of $25,300.
Waterdown location situated in a large plaza, same location for 20 years. High traffic location, lots of exposure. 1000 sq. ft. approx. Includes all equipments plus training.
0516_DJW_0082
0516_DJW_0081
CENTRALLY LOCATED 10 UNIT All brick construction building consisting of 6-1BR, 3-2BR & 1 Bachelor. Some parking, separate meters. GROSS INCOME $68,400. N.O.I. $45,283
EAST END ALL BRICK CONSTRUCTION 7 units. Some parking. Separate furnaces, hydro meter, new roof, etc. GROSS INCOME OF $60,000. N.O.I. $45,000.
10339498_0516
www.cosmocosta.ca For
Centrally located legal 6 plex that has been gutted. 5-2 bedroom, 1-1 bedroom unit. Newer roof, new electrical system, separate meters, new windows, gross income of $50,100. N.O.I. $36,603. Contact exclusive sales rep. 0516_DJW_0083 Cosmo Costa.
CALL 905-662-6666
Further inFormation:
John hryczynski Broker
(905) email:
REAL ESTATE BROKERAGE
John@BBsrealty.com
www.BBsrealty.com
commercial real estate
real estate sales and leasing serviCes TURNKEY RESTAURANT FOR SALE
DOWNTOWN HAMILTON Prime downtown parking lot located near the GO station, Royal Connaught condo development, court buildings, hospital and most downtown services and amenities. An ideal site for a future high rise condo/office tower development. Currently this lot is leased on a net basis as a parking lot until 2017. Asking $1,790,000 Call LB for details
Excellent opportunity to own this vibrant growing family restaurant business, licensed with patio opportunity, with an excellent corner location in the greater Hamilton region with abundant parking. Great long term lease with options. This 130 seat (plus patio) turnkey business was recently renovated and is ideal for a family business with growth potential or for a national brand to take this business to the next level. Asking $189,900. Call LA for details.
RETAIL/OFFICE FOR LEASE
RETAIL/OFFICE FOR LEASE
0516_DJW_1_0086
LAND FOR SALE
DUNDAS Prime plaza location & exposure on Governors Rd in West Dundas across from 3 schools in a large residential area. Unit 3: Ideal for fast food restaurant use or most other retail uses with some restaurant equipment in place to be purchased if food use and Unit 4-6: former medical offices with individual exam rooms w/sinks in each room. Ideal for medical, office or other retail uses (divisible). Immediate poss., abundant parking. Asking $18.95/sf net. Call for details.
0516_DJW_3_0062
0516_DJW_2_0089
RETAIL/OFFICE FOR LEASE
0516_DJW_1_0066
GREATER HAMILTON REGION
RETAIL FOR LEASE 0516_DJW_0100
CommerCial
529-5900 x 240
170 SILVERCREEK PARKWAY NORTH, GUELPH Located on a major arterial road across from Willow West Mall. Many national tenants on this power retail strip. Unit 2 - 2,151 sf, former variety store, asking $13.95/sf and Unit 7 - 4,550 sf asking $12.95/sf, unit divisible from 1,250 sf, rates vary on size. Ideal for most retail or other uses, landlord may assist with improvements. Immediate possession, loads of parking. Bonus fee to agents.
EAST HAMILTON MOUNTAIN A first class busy regional retail complex, anchored by Metro Food, Shoppers Drug Mart, LCBO, department stores, banks & other retailers w/tremendous parking capacity. Available units include 4,036 sf, ideal for most retail uses and 1,520 sf: ideal for a bar/restaurant uses. Immediate possession.
EAST HAMILTON Attractive neighbourhood retail plaza in the heart of a high population mixed density res. area. Easy access to Red Hill Expressway. Units sizes vary from 786 - 6,800 sf with rental rates Economically priced from $9.95 - $13.95/sf net. Ideal for most retail/office uses. Landlord may assist with improvements. Abundant parking. Immediate possession.
Please say you saw it in The Commercial Investor
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26
Volume 16 Issue 01
H
A
M
I
L
T
O
11292930_0516
Commercial Real Estate & Business Opportunities
N
Mazhar Roshan Sales Representative
905.929.9800
Direct
905.318.3800 24 Hr. Pager 647.609.9463 GTA Direct mazharroshan@sympatico.ca EAST HAMILTON
BROKERAGE I have qualifi ed buyers for up to $5m in commercial and investment buyers. Call for details.
PLAZA FOR SALE - $1,485,000
Hamilton
Long established. 30 years in business. Great location. No other competition in the area. Doing approx. $35,000 in monthly sales. Call for more information.
Rare find Commercial Plaza with anchor tenant. Net income is 104K, offered at 7% cap rate.
4915_DJW_3_0016
LO ON TS LY LE 3 FT
RETAIL STONEY CREEK MOUNTAIN
Located in highly growing neighbourhood on Stoney Creek Mountain next to new Walmart & Financial Institutes, in a plaza with 3310 sq ft retail space available (can be divided). Other tenants include drive thru Tim Hortons, Esso Gas Station, Avondale, Gino Pizza & many more. TMI is estimated 10.00 PSF, immediate possession avail. 4915_DJW_1_0024
4915_DJW_2_0085
LAND FOR SALE
Excellent investment opportunity for builder or your own home. Attractively priced bldg lots in prime Niagara area. Mins to QEW, Niagara Falls & US border. Nice country setting with munic water & n/gas avail. 12 lots to choose from, 1 with 4 acre parcel. Buyer responsible for costs, availability of permits, levies & dev charges. 4915_DJW_1_0064
GUELPH LINE, BURLINGTON - $89,900
Long established Thai restaurant in the heart of Burlington doing over 22K p/m. Good for family business. For more details call LBO
4915_DJW_3_0032
I HAVE QUALIFIED BUYERS FOR YOUR BUSINESS. CALL FOR INFORMATION. “My Business is to Sell Your Business”
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Volume 16 Issue 01
27
Commercial Real Estate & Business Opportunities Visit my website
Augie
276 Main St. W. Hamilton, Ontario
(just West of Queen St.) L8P 1J8
905-518-6713 Office: 905-522-6001 Cell:
Hamilton
8471320_0516
Ammendolia BROKER
HAMILTON INCOME PROPERTIES HAMILTON DOWNTOWN DEVELOPMENT SITE $1,295,000
2915_DJW_2_0037
HAMILTON CENTRE - COMMERCIAL/ RESIDENTIAL BLDG.
2915_DJW_1_0083
3 STORES + 3 APTS OTTAWA ST
FOR LEASE MAIN ST.
$1,495,000
Great location. 12,000 SF - 6 commercial units at Ground Flr plus roof sign & 8 apt units above with separate heat & hydro constructed approx. 20 yrs. ago. Ground flr. Commercial includes fully equipped restaurant to be leased & laundromat operated by owner. Part of possible land assembly 752 King Street East and 734 King Street East presently for sale. Close to downtown. LOT 2915_DJW_2_0084 SIZE: 107.3 FT X 158 FT.
Large 1st flr. Commercial space available for various uses. i.e. offices, retail, restaurant, medical offices. High visibility and traffic flow, corner property with ample parking.
2915_DJW_2_0085
WELL ESTABLISHED HAMILTON BAKERY (BUSINESS AND REAL ESTATE)
$575,000 In operations for over 60 yrs presently known as Gibson Bakery, fully equipped distributing to major retailers. Opportunity for new entrepreneur to take business to a new higher level. Close to Sherman Ave N and Barton St. The once "Little Italy" of Hamilton now enjoying new Renaissance of new business and development. Price includes business, equipment & real estate. Owner occupied 3 BR house. Approx. 5,000 sq. ft. Turn key operation.
$725,000
LD
Great corner location in the heart of Ottawa St. Hot business district. 3 stores plus 3 apts above plus income for Pattison Billboard signs, rear parking. Annual gross income approx $73,000. 2915_DJW_0017
HAMILTON MOUNTAIN COMMERCIAL SPACE FOR LEASE
$1,800/MTH Business 15 yrs in this location. Located at Upper Ottawa St suitable for many types of businesses. Office + washroom & 2 storage rms. Total space of approx. 1,100 SF. Tenant pays heat, hydro and water, tax $163 per month, (Pls call Listing Brokerage for more info).
2915_DJW_0100
6 UNITS CENTRAL HAMILTON
Charming 6 units bldg in trendy South Central Hamilton near Stinson School Lofts. Tenant pay hydro. On site parking and laundry. Adjacent 6 unit bldg. available for sale as well.
2915_DJW_1_0043
$897,900
SO
2915_DJW_1_0078
6 UNITS CENTRAL HAMILTON
Prime corner development site with building suitable for redevelopment to retail plaza & or high rise development. Can be purchased with adjacent property 756 King St. E. Pls. contact Augie for additional information on the proposed development.
$725,000
CENTRAL HAMILTON 8 UNIT APT BLDG
Charming 6 units bldg. in trendy South Central Hamilton near Stinson School Lofts. Tenants pay hydro. On site parking and laundry. Adjacent 6 unit bldg. available for sale as well.
2915_DJW_2_0044
$879,900
Charming 8 unit Apt Building on Main St close to Sherman Ave S HUB neighbourhood. 6 - 2 Br and 2 -1 Br Units. Nicely laid out with updated kitchens and baths with breaker panel boxes in each unit. Rear Tenant parking with on site laundry and Balconies. Retrofit Compliant and zoned as a purpose built 8 2915_DJW_1_0095 unit building.
D
L SO
Please say you saw it in The Commercial Investor
COM_0516.indd 27
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inthenews
CANADIAN ENTREPRENEURS TO INVEST $111 BILLION IN GROWTH PLANS IN 2016: BDC SURVEY Investment plans of small and medium-sized businesses are stable amid economic uncertainty, focus on growth and productivity
D
espite a challenging economy, nearly three in four Canadian small and midsized enterprises (SMEs) intend to invest in developing their business in 2016, a new study by the Business Development Bank of Canada (BDC) has found. Top reasons cited for investing were to fund growth plans (77 per cent of respondents) and to boost productivity or efficiency (75 per cent of respondents). The study also confirms that investing in your business is crucial to improving competitiveness. “While Canadian entrepreneurs are wary about the state of the economy, they appear generally optimistic about the future of their business,” said Pierre Cléroux, chief economist and vice president, Research at BDC.“It is encouraging to see small businesses remain focused on growth and productivity in spite of a challenging economy.” This is the first study of its kind in Canada designed to show what executives of small and medium-sized businesses are planning for investment projects, in terms of both the sums of money they plan to allocate, and the motivations and constraints that are holding them back from investing. The survey of 4,000 entrepreneurs from August to November found several regional bright spots. In British Columbia and the Territories, entrepreneurs plan to invest 14 per cent more than in 2015, while Ontario businesses plan a two per cent investment increase. Struck hard by the slump in the crude oil market, Alberta SMEs are expected to invest 27 per cent less this year. The study also found shoots of optimism in the province, since entrepreneurs there intend to invest $65,000 each in their business, over 50 per cent more than the Canadian median and by far the largest median amount of planned investment when compared to other regions. Additional regional details are available in the BDC survey report.
MAIN HIGHLIGHTS: 76 per cent of Canadian entrepreneurs plan to invest a total of $111 billion in their businesses in 2016, an amount similar to what was invested in 2015. British Columbia and the Territories show the greatest increase in investment intentions (14 per cent), followed by Ontario (two per cent). Albertan entrepreneurs indicated they intend to invest 27 per cent less than in 2015. The situation remains stable in the other parts of Canada. A minority of enterprises (10 per cent) account for threequarters of planned investments. The main factor limiting investment is a lack of confidence in the economy (48 per cent). and the best chance to succeed in international markets,”adds Mr. Cléroux.“We strongly encourage SMEs to step up their investments in the coming months. Also, with the cost of borrowing at an all-time low, the time is ripe.” OTHER FINDINGS FROM THE SURVEY: In terms of value, the largest planned investments were earmarked for commercial real estate projects, with a total of $63 billion allocated for 2016, a five per cent increase from last year. Other common investment projects include computer hardware and software purchases as well as website and e-commerce development. The fastest-growing companies are most likely to be planning information technology investments. Three quarters of planned investments come from just 10 per cent of firms. These companies are more likely to export and invest abroad. They have also existed for over 35 years on average and have 20 or more employees. BDC is the only bank dedicated exclusively to entrepreneurs. With more than 100 business centres and over 32,000 clients across Canada, it offers loans, investments and advisory services. BDC’s purpose is to support Canadian entrepreneurship with a focus on small and medium-sized businesses. To learn more, visit www.bdc.ca.
“There is every indication that the future belongs to entrepreneurs who invest in their businesses. These SMEs have better growth prospects, a larger number of employees
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Volume 16 Issue 01
29
Commercial Real Estate & Business Opportunities
Jennifer Spoleti Sales Representative
905-308-8333
905-928-3446 spoletij@gmail.com 11305137_0516
TURN KEY OPPORTUNITY IN HAMILTON!
,0
9 34
$
Hamilton
RES/COM offers the best of both worlds in this newly renovated oversized investment opportunity.
00
Call Jennifer Spoleti to view today! 905-308-8333. 0516_DJW_0112
11294087_0516
Larry Szpirglas BROKER
0516_DJW_0111
0516_DJW_0110
Tel: 905.648.4451 Email: larryszpirglas@royallepage.ca
Exceptional opportunity to own successful established business and iconic property on prime Hamilton Locke Street South location; property development and business expansion potential; several purchase options available for qualified buyers. Do not go direct. Contact Larry Szpirglas, Broker, 905-648-4451 for further information. Please say you saw it in The Commercial Investor
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Volume 16 Issue 01
Commercial Real Estate & Business Opportunities
Taking a Look at Hamilton’s Housing Market for 2016 FACTS AND PREDICTIONS Hamilton
I
t’s almost unbelievable, but Hamilton has entered its fifth straight month for record sales. On top of that, it’s occurrence being in December is even more noteworthy. December sales are always among the lowest of the year due to both holidays and undesirable weather. However, this year’s sales ranked the highest ever for the month. It’s undeniably an excellent way to start off the year in real estate! However, it’s smart to keep in mind that this hot market will naturally cool down. This means that there may be instances this year in which you discover that prices or sales are “falling”. As we are ultimately bound to see these types of headlines, be wary that they stem from the comparison of Hamilton’s outstanding 2015 year that had higher than normal rates. Nevertheless, we must understand the power of relevance, as the overall market will remain strong. According to TD Bank economists, there will be an 8% decrease with numbers of sales, but the city will be on par with 2014 levels. Think of it as a way to bring us back down to earth!
Area
Completed Transactions
Average Price
Average Days on Market
Average Price Ration
Hamilton Centre
138
$598,928.00
88
91%
Hamilton East
32
$550,319.00
120
80%
Hamilton Mountain
42
$547,152.00
101
90%
Hamilton West
58
$667,719.00
93
80%
Overview of Commercial Sales in the city for 2015
New down payment requirements set by the government are another important lesson Hamiltonians need to learn in 2016. Beginning in February, if the house you are buying costs more than $500,000 you’ll obtain a new down payment cost for the mortgage. Weighing in on this financing restructure is Kevin Huynh of Loewen Group Mortgages. His main points include that this tactic will: ›› cool down the hot housing market for long term stability ›› only work as far as the smaller Canadian markets go ›› not affect big metropolitans i.e Toronto and Vancouver already purchasing well above this price point as they have the means and resources to do so ›› provide a slightly bigger safety net when faced with potential market fluctuations “ Those in smaller Canadian markets, for example, in the Hamilton/Burlington/ Grimsby region have an average house sold for $426k (Canadian Census Market Area 2015). The average home buyer in this region would not be affected by this new rule change and those looking to purchase above the $500k price point may be inclined to seek a lesser value property, thus slightly slowing down the market for higher value listings.” - Kevin Huynh, mortgage specialist
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BUYERS
›› Hamilton’s lower cost areas were extremely competitive during the majority of 2015 ›› Expect a rise in housing prices in 2016 ›› This means Hamilton’s real estate is not in the position to get any cheaper. ›› Real estate investors are buying older properties in the communities and renovating as opposed to building new construction SELLERS
Commercial Sales in Hamilton for 2015
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FACTS FOR…
›› 2016 will be more of a waiting game compared to 2015’s seller market ›› The arrival of the condo developments will show the true impact they will have for supply and demand if any RENTERS
›› The high housing stats from 2015 came from the quick transitioning of renters into homeownership and vacating their units ›› Meaning more apartments became available for rent, increasing the price of rental units, allowing landlords to increase rents on recently vacated units BUSINESS OWNERS
›› Smaller companies of fewer than 50 employees are impacting commercial real estate more and more ›› This shift means rethinking typical office space to accommodate employers ›› Prime example of this is seen at Platform 302, and CoMotion on King St that leverage the concept of shared office space
Please say you saw it in The Commercial Investor
2016-01-29 3:31 PM
landlords to increase rents on recently vacated units Business Owners
Volume 16 Issue 01
● ● ●
Smaller companies of fewer than 50 employees are impacting commercial real estate more and more This shift means rethinking typical office space to accommodate employers Prime example of this is seen at Platform 302, and CoMotion on King St that leverage the concept of shared 31 Commercial Real Estate & Business Opportunities office space
THE FUTURE OF THE… Hamilton is becoming the nucleus of creativity, and we will definitely see this in 2016 businesses. Whether it’s utilizing our older buildings, such as the Cotton Factory to host creative fundraisers and events, or introducing bars with a unique spin, Hamilton is doing it right. Take Serve Ping Pong bar for example, which quickly became a hot spot in late 2015. Also, keep your eyes posted for more big city inspired bars with defining themes. Our beloved 2016 Tax Budget at A Glance Mezcal restaurant already has another According to City of Hamilton venture in the works for Spring 2016. 2016 Tax Budget at A Glance According to City of Hamilton More innovatively, Hamilton is now and winter) and have planned for an North America and the inventory of home to NewLeaf Travel’s discounted The Future of the… estimated 1,600 residential units. Now, industrial land. That being said, the airline. The goal for NewLeaf is to bring we are officially in the final stages of available land is diminishing. This leads the power back to the flight consumer planning for this highly desirable area to focussing on a possible sale of our in a way that hasn’t been seen in a long and I’d say I am confident in the future bayfront industrial property this year. time. The ultra-low cost carrier intends developments. to have passengers pay for exactly what LRT they get, in order to travel from point A HAMILTON’S PORT Hamilton’s LRT is in it’s initial stages, and B. Starting February 12, the option More than $100 million was poured into but has a lot to look forward to this to travel to Western Canada will be the Port of Hamilton, the city’s newest year. With the expected allocation more feasible. We will definitely see investment this year. The funds brought of construction, we are bound to get more jobs and possibly the opportunity forth a new grain terminal, a new local complaints and inconveniences, but for a distant cousin or friend to come brewery (Collective Arts Brewing) and we must focus on what the project is see our Ambitious city! the first flour mill. The number of ships worth in the long run. Keep in mind, WEST HARBOUR FRONT in the system in early December was construction will also bring forth Hamilton has worked for years to turn higher than the 5 year average alone. job opportunities, and later we will around the waterfront’s industrial land This is good news for 2016, especially hopefully see easier access to other into a rejuvenated community with a as both economies of Canada and the pockets of the city less frequented and lakeside view. Recently, we’ve integrated United States are supposed to improve. our local businesses. It’s important to Sarcoa restaurant, Williams Cafe and The Port has had a strong development note that most, if not all, prosperous a skating rink (used in both summer due to proximity to large markets in cities offer a great transportation option!
Please say you saw it in The Commercial Investor
COM_0516.indd 31
Hamilton
LOCAL BUSINESS SCENE
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trebreport
T
TREB REPORTS Q4 CONDO MARKET STATS FOR 2015
oronto Real Estate Board President Mark McLean announced that Greater Toronto Area Realtors reported 5,595 condominium apartment sales through TREB’s MLS System during the fourth quarter of 2015. This result was up by 12.6 per cent compared to the same period in 2014. Over the same period of time, the number of new condominium apartment listings entered into TREB’s MLS System was also up, but by a substantially lower annual rate compared to sales, at 3.3 per cent. The result was tighter market conditions compared to a year earlier.
Apartment Benchmark Price was up by between four and six per cent on an annual basis. “First-time buyers account for approximately half of all buyers in the GTA and even more so in the City of Toronto. Condominium apartments represent an important entry point into home ownership for a lot of households. This is a key reason why we experienced continued growth in sales for this home type over the past year,”said Jason Mercer, TREB’s Director of Market Analysis.
Condominium Apartment Market Summary Fourth Quarter 2015 2015
2014
Sales
Ave. Price
Sales
Ave. Price
5,595
$382,070
4,971
$367,184
Halton Region
157
$383,406
138
$395,550
Peel Region
807
$280,820
674
$270,094
3,966
$407,991
3,562
$390,896
York Region
543
$367,396
488
$346,506
Durham Region
114
$277,343
98
$251,709
8
$208,000
11
$228,191
“The condominium apartment segment is integral to the overall housing market in the Greater Toronto Area. Over the past decade, the trend has been to increasingly build up due to provincial land use policies. As new projects have completed, a number of investor-held units have been listed for sale on TREB’s MLS System. These units have been absorbed quite rapidly, with enough demand relative to supply to prompt continued price growth,”said Mr. McLean.
Totoal TREB
The average selling price for condominium apartments in the fourth quarter was up by 4.1 per cent year over year to $382,070. Throughout the fourth quarter, the MLS Home Price Index (HPI)
Other Areas
City of Toronto
Source: Toronto Real Estate Board
Ontario’s First Magazine Dedicated to Industrial, Commercial and Investment Real Estate
FOR ADVERTISING CALL
DOREEN WILLS 905.570.9283 • 1.800.268.0077 Doreen.Wills@ypnexthome.ca
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Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
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GREATER TORONTO AREA
GTA
For advertising
contact Doreen Wills Tel: 1-800-268-0077 or 905-570-9283
doreen.wills@ypnexthome.ca thecommercialinvestor@ypnexthome.ca
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Commercial Real Estate & Business Opportunities
Volume 16 Issue 01
SkyViews
How to Start a Preventive Maintenance Program by Emma Finch, FacilityDude
The question of how to start a preventive maintenance (PM) program is extremely common, and for good reason. With budgets tight and workers stretched thin, PM has become a nice-to-have instead of a must-have for many organizations. Many operations and maintenance crews find themselves operating in a reactive environment, never knowing what major equipment failure will occur next.
pacity, are caught early.
Best practices suggest that 30 per cent of all work should be preventive and 90 per cent of work orders should be generated by PM inspections. Sounds good, but again, how does a team move from little to no proactive work to spending nearly a third of its time on proactive work?
A crew may not be prepared for a call when it comes in, or the crew may have to stop work on something that’s more important in the long term but less so in the immediate moment. Think about travel time, too, because that’s one of the biggest drawbacks of a highly reactive work environment: the amount of time spent traveling from one unexpected job to another can end up being significant.
First off, be assured that increasing the overall percentage of preventive maintenance is an achievable target for any operations and maintenance team. The key is to transition from short-term fixes to longterm improvements in small increments. Greater Toronto Area
Start by focusing on one mission-critical system, such as the HVAC. Set up maintenance schedules based on manufacturer guidelines and warranty conditions. As a bonus, cleaning and inspecting HVAC equipment’s various parts can reduce the energy costs associated with the system by up to 50 per cent. Once routine maintenance schedules are established for one system, move on to another critical system, such as the roof. Again, set up maintenance schedules, documenting current conditions for future reference. An effective PM program can extend the life of a roof system by years and ensures that, as the roof reaches the end of its life, it can be replaced as a scheduled event rather than in an emergency situation. Creating schedules for these two systems alone can usually move a workload close to 20 per cent proactive maintenance. Continue on in this way to build PM schedules for all systems. Concentrating on one system at a time builds a PM program at a comfortable speed, which allows the team to get used to a certain level of scheduled work before more is introduced. As PM schedules are established for each system, reactive work will start to decline as problems that may have cropped up later, in a bigger ca-
Another consideration for a PM program is whether a maintenance crew can be dedicated solely to emergency work while the rest of the crews spend their time on proactive activities. It’s common for all technicians to be available to handle reactive work. While that can be a suitable approach, it can also lead to confusion.
If the maintenance team isn’t big enough to devote multiple people to reactive work, then think about designating one person as the go-to reactive worker so that everyone else can continue on with preventive activities. Team members can take turns serving as the go-to reactive worker so that everyone builds experience with both reactive and proactive maintenance work. The result is a stable schedule for team members doing PM that leaves team members available to respond to situations that require immediate attention. So, how do you implement a preventive maintenance program? One system at a time. It’s a process that starts with small steps and requires consistency and patience. Consider this: studies indicate that 70 to 85 per cent of equipment failures are self-induced, meaning their cause can be traced back to improper maintenance practices. The benefits of performing regular preventive maintenance so far outweigh the consequences of not doing it that, for an organization to ensure optimal equipment life at minimal cost, it’s absolutely a musthave. A full PM program is not beyond the reach of any team. The sooner the process is started, the sooner its benefits can be realized. Article Provided by: Emma Finch, FacilityDude FacilityDude.com | (919) 674-8543 emma.finch@dudesolutions.com 8647857_0516
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Volume 16 Issue 01
35
Commercial Real Estate & Business Opportunities
905-660-4949 info@jdf-realty.com www.jdf-realty.com
999 EDGELEY BLVD. UNITS 5-6, VAUGHAN, ON, L4K 5Z4
Massimo Farina BROKER (x224), Lara Tersigni BROKER (x223) Vito Simone SALES REPRESENTATIVE (x230) 0516_DJW_0058
FOR SALE PRESTIGE COMMERCIAL/INDUSTRIAL CONDOMINIUMS 0516_DJW_0059
70% SOLD
Residential development land for sale.
• Call for further information. Principals only!!! • 10,000 sf brand new office space in prestige Vaughan location available for sale • Call Lara Tersigni
FOR SALE Vaughan Industrial Condo
UNDER CONTRACT
8 PLEX - SOLD
Quality condo complex in the Heart of Vaughan/Hwy 400 Business Park. Immediate access to hwy's 400/407/7, Future TTC Subways, Hotels, Convention Centres, Retail Shops. Clean complex. Nice layout 3 offices, kitchenette & 2 bathrooms. Rare wide unit approximately 30' interior wall to wall with drive in door in warehouse. Call Massimo Farina for additional details.
Wow! Legal 8 Plex in Heart of Aurora. 7 x 2 bdrm & 1 x 1 bdrm. Walk to GO Station on Wellington. Large corner property with 3 street frontages. Ample on site parking great location!! Call Massimo Farina for additional details.
0516_DJW_0079
Greater Toronto Area
133 Milani Blvd.,Vaughn. Immediate occupancy Call Lara Tersigni
• 3427 sq.ft 2 Drive In Doors with Bonus 1100 sq.ft. finished mezzanine. • 2900 sq. ft. former restaurant unit for sale. LANGSTAFF RD. EXPOSURE!! $599,000 • Call Massimo Farina for additional details
0516_DJW_0080
Inventory is LOW !... Thinking of Selling? ….. Call for no obligation FREE MARKET EVALUATION Massimo Farina, Broker, 416-409-4630
FOR SALE – 50 Unit Apartment Building Etobicoke – FOR SALE • Exclusive/Principals Only $5.95 M • Call Vito Simone R.P.A.* • Direct 416-816-9482 • Office 905 660 4949 Ext 230
• Gross Income $525K+ • Close to Eglinton Ave. W. • Fully Rented Investment 9258736_0516
Please say you saw it in The Commercial Investor
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36
Volume 16 Issue 01
Commercial Real Estate & Business Opportunities
FOR SALE OR LEASE
BRAND NEW
Cedar Park Plaza, Simcoe Ontario + 62,000 Sq ft Commercial Condo store/office Plaza + 35 Retail Condo stores & offices for 2016/17 + Outstanding Investment & returns ROI + Investors / Brokers / Agents welcome Investors your opportunity to own or lease this retail store/office plaza in Simcoe Ontario
For more information
11305026_0516
Call Ed Bain
Greater Toronto Area
416-836-7686
(email) slandcorporation@yahoo.ca
RETIREMENT HOME WITH GOV'T FUNDING (OTTAWA AREA)
26 large suites with full ensuite bathrooms. Possible 52 semiprivate beds. Some residents are Government funded.
21 BED RETIREMENT HOME
9 BED HOME FOR SPECIAL CARE
Immaculate fully updated retirement home with a separate contract for 8 subsidized beds. Located in quiet suburb of Woodstock. Ideal for an owner operator.
50 minutes from Kitchener Licensed by the Ontario Ministry of Health Turnkey operation 25+ years Ontario Government pays in FULL for each resident Gross Income $163,000* NET $98,000*
24 BED BOUTIQUE RETIREMENT HOME NEAR LONDON ON
Beautiful and spacious. Located on a ravine with easy access to transit, shopping and professional services.
*Based on information from Owner and based on full occupancy.
0516_DJW_3_0060
Generic photo to protect the privacy of residents.
$850,000
0516_DJW_0057
Generic photo to protect the privacy of residents.
$1,300,000
$560,000 0516_DJW_0056 Generic photo to protect the privacy of residents.
0516_DJW_1_0061
Generic photo to protect the privacy of residents.
WWW.SHMUKLERREALTY.COM MICHAEL SHMUKLER, P.Eng, Broker of Record DIRECT: 519-318-1622 TOLL FREE: 1-866-960-6059 SHMUKLER REALTY INC. BROKERAGE
Email: michael@ShmuklerRealty.com
11298178_0516
$1,550,000
Please say you saw it in The Commercial Investor
COM_0516.indd 36
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C
Volume 16 Issue 01
37
Commercial Real Estate & Business Opportunities
Platinum Award Winner
SELLING REAL ESTATE FOR OVER 25 YEARS
Bill Morrison SALES REPRESENTATIVE
Direct:
905-619-9500
Heritage Realty Inc., Brokerage Independently Owned and Operated
Email:
morrisonb@sutton.com
TORONTO
$2,799,999
Excellent 40 acre investment! Across from development. Has old farm house and barn. 1200 Ft road frontage. Ideal location for Garden Centre. ASKING
0516_DJW_2_0052
$1,350,000
TORONTO
WEST END Across from Humber College. New kitchens in all units. Updated baths. Newer high efficiency boiler system. ASKING
$1,400,000
Prime well maintained retail plaza. 5% CAP. Variety of quality tenants on major street. Lots of parking. ASKING
0516_DJW_0072
$3,800,000
Incredible 7 unit apartment building. All units have been completely renovated. Windows and doors replaced. Newly paved lot.
18 suite apartment building. Prime location. 6-2 bed, 12-1 bed. 3 storey. Solid brick.
$2,995,000
ASKING 0516_DJW_0074
OSHAWA
$1,399,900
$1,150,000
0516_DJW_0075
CLARINGTON
Great investment 9 plex. All brick building in prime location. 8-2 bdrm, 1-1 bdrm. Balconies newly updated. Lots of parking. ASKING
0516_DJW_0073
TORONTO
BEACHES
ASKING
0516_DJW_0071
Greater Toronto Area
ASKING
COURTICE
Fantastic office building with lane access to fenced in yard. 10 car parking. Bathurst and Queen St. location. 2nd storey with 10' and 12' ceilings and skylight. Approx. 4100 sq ft plus useable full basement. Why lease? Very busy area with new developments.
10527900_0516
Toronto line: 416 798 7278
0516_DJW_2_0053
Prime commercial corner location on 4.18 acres with detached 2 storey house. Plaza leased with 6 tenants. Huge lot close to 407 expansion. 0516_DJW_2_0058
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
COM_0516.indd 37
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38
Volume 16 Issue 01
Commercial Real Estate & Business Opportunities
11298089_0516
ATTENTION: Investors & Developers
$2,850,000
$2,400,000
3 Acres: Oakville already Commercially Zoned E2 for multi use as Medical Center, Offices, Vehicle Storage, Retail with Warehouse, Hotel, Restaurant & many more building permitted uses. Currently has a home and Second driveway for vehicle storage. Do not walk property without appointment.
D L O
S
SAVE $$$ BUYING/SELLING! www.AJLamba.com
416 502-9944
24 HRS
AJ Lamba, Broker of Record
We Se 1 Prop ll ert EVERY y 36 Ho urs!*
Vikram Chowdhary, Salesperson
Convenience Store Franchise
Established Italian Pizzeria
Established Nails Salon
Very Rare Opportunity for Buyers to Own Prime Land! Excellent Location Less than 1 Hr From Heart of GTA! Approx 32 Acres of Agricultural Land w/Huge Frontage. Zoned for Many Uses! Features 4 Bdrm Home Approx 3000Sqft, Holding Barn for 100’s of Livestock & Meat Processing Plant! $900,000. ID#CI5309
Excellent Opportunity to be Part of the Fast Growing Franchise Business! Convenience Store Located Inside Shell Gas Station in Prime Location! Great Walk-In Traffic! Income from Sales, Lottery Commission + ATM Rental! Mthly Rent $9,746.25 incl (TMI+HST+ Property Tax+Common Area Main). $450,000. ID#CI0705
Once In A Lifetime Opportunity! 10 Yr Established Italian Pizzeria in Prime Location In Busy Plaza at High Traffic In Intersection! No Franchise Fee or Royalties! Approx Sales $40,000 / Month + Very Low Rent of $3150/Month All In Inclusive! Perfectly Situated Directly Across Canada Post. Turn Key Operation. $189,900.
Excellent Business Opportunity. Fully Turn Key Operation in Prime Location! Main Lakeshore Blvd Exposure in Busy Intersection Between Clarkson & Oakville w/High Traffic! Beautiful Layout w/High End Fixtures. 10 Nail Stations, 8 Pedicure Stations, 2 Wrs, 2 Waxing/Facial/Massage Beds! $180,000. ID#CI960
Established Fabric Store
Profitable Filipino Restaurant
Established Hair Salon
Convenience Store
Location! Location! Location! Great Business Opportunity! Very Busy Area Surrounded by Big Businesses. Huge Place w/Inventory! Monthly Rent $7100 Including TMI & Water. Approximate Monthly Sales $30,000! Lots of Parking Available! All Chattels, Invetory, Shelves & Racks Included. $175,000. ID#CI1310
Work Less Earn More! 11 Year Established Profitable Filipino Restaurant w/Loyal Clientele in Prime Location w/Great Exposure on Street! No Franchise Fee/Royalties! Amazing Sales + Very Low Rent $4500 + Utilities. Perfectly Situated in Central Commercial + Industrial Area! Turn Key Operation. $165,000. ID#CI1090
One Of A Kind Est. Hair Salon In Prime Location In High Demand Plaza! Turn Key Operation Grossing $9000/Week. Great Lease w/Renewal Option. Owner Operated for 35 Years! Same Loc for 13 Years. Willing to Stay and Transition. 1300Sqft w/10 Stations, 3 Washing Stations, 2 Wrs & 7 Stylist. $120,000. ID#CI6550
Excellent Opportunity, Established Independent Convenience Store w/Lotto 6/49. Growing Business in High Traffic Area Surrounded by Multiple Apartment Buildings & Schools! Turn Key Operation. Great Potential. Monthly Gross Sales Approx $28,000 - $32,500 + Lottery Sales + ATM! $90,000. ID#CI0295.
Meat Processing Plant
Lamba Realty Group Inc., Brokerage
11294169_0516
Greater Toronto Area
$950,000
*Based on Commercial & Residential Sales Volume Combined in 2015
Please say you saw it in The Commercial Investor
COM_0516.indd 38
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Volume 16 Issue 01
39
Commercial Real Estate & Business Opportunities JUST LISTED on Richmond Row near the University of Western Ontario. These spacious & secure 2 bedroom units are always in demand for students & professionals. Price is just $200,000. These units rent for up to $1500 per month. Call me & let's add this downtown LONDON condo to your investment portfolio. 0516_DJW_2_0027
ATTENTION INVESTORS
}
JUST LISTED Gross income $40,000. Successful downtown St. Thomas Salon with a 2 bedroom apt. Cap rate 12%. $199,900.
Do you have children attending the University of Western Ontario?
CALL FOR MY EXPERTISE IN THE AREA OF STUDENT HOUSING OPPORTUNITIES NEAR THE UNIVERSITY OF WESTERN ONTARIO & FANSHAW COLLEGE. TAKE ADVANTAGE OF MY KNOWLEDGE OF THE CITY OF LONDON BY-LAWS & RENTAL LICENCING.
0516_DJW_0006
11303359_0516
NELSON CONROY 519-672-9880
nelsonconroy@royallepage.ca
London South - 334 Wellington Road S, N6C 4P6
William Hicks
Greater Toronto Area
Sales Representative
SALES REPRESENTATIVE
BURLINGTON, OAKVILLE, MILTON, HAMILTON OFFICE, INDUSTRIAL, RETAIL
3315_DJW_0014
OFFICE: 905-335-3042 Ext 579
williamhicks@royallepage.ca
BURLOAK REAL ESTATE SERVICES BROKERAGE INDEPENDENTLY OWNED & OPERATED BROKERAGE
FOR LEASE Three suites available in the Burlington Mall Office Galleria, ranging from 2,263 sq. ft. - 6,761 sq. ft. with the potential of combining all three for 15,712 sq. ft. Great class A lease rate of $12.00 Net. Call or email William for floor plans and t.m.i.
Information provided by owner and is not warranted by Royal LePage Burloak Real Estate Services Brokerage. Subject to change without notice. 11287063_0516
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40
Volume 16 Issue 01
Commercial Real Estate & Business Opportunities
The Direct Source For All Your Mortgage Needs Providing Financing for Commercial and Residential Properties Residential Mortgages (1.95% 5 Year Variable) Private Funds from 4.99% in the GTA - Bad Credit, No Income Verification OK 1st and 2nd Mortgages 0% Down Payment Residential Purchases Greater Toronto Area
Lines of Credit Commercial Mortgages Construction Financing Multi-Family Properties - CMHC Insured Up To 85% or Conventional Retirement Homes / Long Term Care Vacant Land
11297590_0516
1-877-777-7308 info@themortgageleaders.ca
Verico The Mortgage Leaders Inc. FSCO License # 10238
Please say you saw it in The Commercial Investor
COM_0516.indd 40
2016-01-29 3:31 PM
Volume 16 Issue 01
Givalas Real Estate Brokerage
Nick Givalas Broker of Record
Ltd.
(905) 479-4436
email: ngivalas@trebnet.com
INVESTMENT PROPERTY - ROSEDALE / MOORE PARK AREA! COMING SOON! MT Soon PLEASANT CLAIR Multiplex Coming - Rosedale/ /ST. Moore Park Area - Toronto
Fantastic location! Multi residential 4 plex plus 3 basement suites. Private drive with 4 car garage. Great investment property or live in one unit and have tenants pay your mortgage.
Exclusive
4915_DJW_0060
4915_DJW_0059
8973548_0516
41
Commercial Real Estate & Business Opportunities
ASKING $3.3M ASKING $2,700,000 ASKING $1,395,000 FORLEASE LEASE $16.00 FOR SALE OR SQ. FT. NET 557 KING ST. E., OSHAWA
D L O S
Prime Highway 2 location in Oshawa. Almost one acre. Freestanding building over 5000 square feet with fully equipped restaurant. Ideal for any type of business on busy King Street. The property includes the rear lands to the East of the neighbouring property for additonal parking with access from Athol Street. Great investment or development site beside Royal Bank.
Greater Toronto Area
D L O S
First time offered! 5 retail stores and 10 2 bedroom Apartments. Renovated. Good income. Prime Hwy 7 location. Don't miss out! Serious inquiries only. Exclusive listing.
4915_DJW_3_0060
4915_DJW_2_0062
WOODBRIDGE PLAZA
ASKING $2,700,000
ASKING $1,395,000 FOR LEASE $16.00 SQ. FT. NET ASKING $1,395,000 INVESTMENT PROPERTY FOR SALE 4915_DJW_2_0075
Freestanding building. Approx. 4,000 sq ft on about 1 acre of land in prime downtown Ajax. Room for expansion. Tenant on a net lease. Good investment opportunity! Serious inquiries only.
Exclusive ASKING $1,395,000
INVESTMENT PROPERTIES WANTED! We are currently looking for investment properties from $2,000,000 to $20,000,000. Within one hour of the GTA, from retail strip plazas, multi-residential units and highrise apartment buildings
Our Family has been in the Real Estate Business since 1955 and has a large client base for these type of properties. Call to discuss the potential sale of your property now or in the near future Please say you saw it in The Commercial Investor
COM_0516.indd 41
2016-01-29 3:31 PM
inthenews
MORGUARD - 2016 REAL ESTATE INVESTMENT TRENDS TO WATCH IN CANADA
M
orguard predicts a fifth consecutive year of positive results for Canada’s commercial property sector in 2016. Investors will continue to achieve attractive portfolio returns, finishing the year close to or slightly below 2015. Solid performance is forecast based on generally positive rental market leasing characteristics in the Canadian property sector, against a backdrop of elevated global economic risk.
“The generally positive 2016 Canadian commercial real estate sector includes a measure of risk,”said Keith Reading, director of research at Morguard.“Investors will exercise caution in acquiring riskier assets over the near term, given an environment of sluggish global economic growth and uncertainty, a low Canadian dollar, and a persistent oil slump.” As predicted, the ongoing oil sector malaise continues to dampen economic performance, resulting in a mixed growth trend. In the first six months of 2015, a short-lived recession unfolded. However, early predications showed Canada’s economic growth trend improved in the third quarter of 2015, with annualized growth of 2.1 per cent forecast for 2016 by the Conference Board of Canada (CBOC). Regionally, expansion rates varied widely, with Alberta falling into recession and Vancouver and Toronto posting healthy gains. Canadian income producing commercial property transaction volume is expected to trend close to the long-term average annual total of $21.1 billion CDN in 2016, slightly below the 2015 total. Access to low-cost debt and equity capital will continue to attract investment in a sector with stable yields and income. The highest quality and lowest risk properties will be highly sought after by a range of investor types, including: private capital, pension funds, institutions and publicly-traded entities. This will fuel demand beyond the current supply of existing income producing assets and hold values at peak levels in Canada, forcing investors to look to joint ventures, unique investment vehicles, and new developments to build portfolios. HIGHLIGHTS - 2016 REAL ESTATE INVESTMENT TRENDS TO WATCH IN CANADA • Canada’s commercial property sector continues to generate attractive investment returns, as evidenced by the MSCI Index total average return of 7.1 per cent for the 12-month period ending September 30, 2015. • On average, returns will be largely income-driven over the near term, while property values remain stable. • Investment demand will outpace the supply of properties for sale, with this capital pressure supporting property values that
COM_0516.indd 42
will continue to hover near the cycle peak. • Lenders will actively compete to provide low-cost debt capital to proven investors, operators, and developers of commercial property in 2016. • As predicted, Alberta’s reign as one of the nation’s economic growth leaders came to an abrupt end recently, a performance that will likely be repeated in 2016 unless oil prices recover more quickly than anticipated. • New supply risk will be an ongoing issue in Canada’s office sector, with over 17.0 million SF of new construction scheduled for completion over the next four to five years. • During the next few years, a number of owners of aging office buildings will be forced to contend with elevated vacancy levels in their portfolios, given a tepid demand pattern and the relocation of some tenants to newly constructed towers. • Rental growth will be modest across the multi-suite residential market over the near term, in part due to the existence of rental controls in several provinces. • Office sector rents will be eroded in Calgary and Edmonton over the near term, with the potential for declines in regions with excess vacancy due to the combined effects of new construction and tepid demand. • Near-term retail sector performance will be impacted by the continued unfolding of changes in market dynamics including: e-commerce, shrinking store size, the Target hangover, the expanding luxury market segment, a low Canadian dollar, and ongoing changes and consolidation of distribution networks. OFFICE Canada’s office sector will face strong headwinds in 2016, which will most certainly impact performance. Investment performance will be fairly positive, although returns will likely continue to trend lower. The potential for material capital growth is low, as the trend appears to have come to an end in 2014. Therefore, income will be the main driver of returns over the near term. There will be two major headwinds that will impact the sector. The first is the ongoing development cycle, against a backdrop of modest demand. This combination will negatively impact income growth levels in more than one market over the near term. Calgary, Toronto, Vancouver and Edmonton are likely to face the strongest supply headwinds. The second headwind related to office sector performance is the ongoing oil slump. This has already eroded market fundamentals in Calgary and Edmonton. As 2016 progresses, further downward pressure on income performance is likely to occur. While some gains will be posted in specific segments of the office sector over the near term, these could be more than offset by anticipated performance headwinds.
2016-01-29 3:31 PM
INDUSTRIAL
MULTI-SUITE RESIDENTIAL
Continued progress is expected to characterize Canada’s 2016 industrial sector performance, after a successful post financial crisis period of results. Leasing fundamentals will remain strong, as was the case over the past year. The strength of the sector’s demand profile in the coming year will be rooted in the warehouse, logistics, and procurement sectors. In a repeat of the recent trend, consumer goods distributors will lead the way in terms of industrial space demand. The focus of expansion activity will be in newly built properties, especially for larger users of warehouse space. The low Canadian dollar and a healthy U.S. economy are expected to support expansion activity. Positive demand characteristics will support equally healthy occupancy patterns in the existing inventory of industrial property in 2016. At the same time, development activity will be conservative by historic standards, ensuring supply-side metrics favour owners. Rents will, at the very least, hold steady at 2015 levels in the coming year with limited increases in scenarios where vacancy is in short supply. Overall, the solid leasing outlook will support investment performance in the coming months.
Near-term multi-suite residential sector performance will be characterized by strength and stability, in keeping with the longterm trend. Rental market conditions will remain strong for the most part, although some softening will take place in Calgary and Edmonton. Occupancy will continue to range between 97.0 per cent and 98.0 per cent, indicative of material imbalance. Record levels of new development will provide some relief to the ongoing shortfall in supply. However, the market will remain tight. Rental rate growth will occur in most jurisdictions, except for Alberta where occupancy levels will edge progressively lower due to the ongoing oil slump. The continued multi-suite residential market stability and health over the near term will provide a solid base for investment performance patterns.
Canada’s industrial sector is expected to generate another period of healthy investment performance in 2016, in extending the medium-term trend. Returns in 2016 will be close to the 2015 result, which will be mostly income driven. Property values will hold at 2015 levels, although in specific cases investors will push pricing higher for assets with added strategic value. Buyer competitiveness will be a factor going forward, particularly for assets with strong tenant rosters. A range of investors will exhibit interest in both core and riskier assets in prime markets. In secondary markets, private groups will dominate purchasing activity. In short,Canada’s industrial property market will see progression in both the leasing and investment markets - a trend that has been in place for much of the post financial crisis period. RETAIL The Canadian shopping centre property market’s run of success over the past several years will ease somewhat in 2016. The sector will be forced to contend with ongoing bankruptcies and downsizing in categories that continue struggle through various market influences. The fundamental health of the retail leasing market will remain largely intact. However, the impact of e-commerce and changing consumer behavior will result in a period of adjustment that will negatively impact performance. National occupancy will fall moderately, although Vancouver, Ottawa and Edmonton will remain tight. Most other large CMAs will see occupancy edge lower and range close to the national average. A number of national and international retailers will expand into the Canadian market in 2016, partially offsetting rising vacancy. Regional malls will be the focus of much of this demand. A number of new tenancies have been announced in new expansion space in some of the nation’s largest and highest profile regional centres for 2016. The successful lease up of this space and existing space in regional centres will support peak rents in this sub-category of the market. In the wider market, however, there will be some weakness, particularly in power centres and smaller retail strips. On balance, the shopping centre leasing market will be under some stress in 2016, resulting in uneven performance.
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Canada’s multi-suite residential investment market will also stabilize over the near term, in keeping with the mature phase of the current cycle. Strong demand characteristics will ensure property values hold at the peak for the cycle. A range of public and private capital groups will continue to look to the long-term health of the sector as rationale for investing in the sector. For many, the promise of positive and stable income performance will remain the main sector attraction. The largely positive rental market outlook will support this rationale. As a result, the sector will be consistently liquid. Demand will continue to outdistance the supply of assets for sale, forcing investors to source offmarket opportunities. In so doing, transaction volume will remain healthy. In summary, the multi-suite residential sector will exhibit generally strong and stable investment and rental market performance over the near term. In the 2016 Economic Outlook and Market Fundamentals Research Report released recently by Morguard Corporation the company published a detailed analysis of 2016 real estate trends to watch in Canada. Full report at www.morguard.com. Morguard Corporation (TSX: MRC) is a major North American real estate and property management company. It has extensive retail, office, industrial, multi-suite residential, and hotel holdings owned directly, or through its investment in Morguard REIT (TSX: MRT.UN) and Morguard North American Residential REIT (TSX: MRG.UN). Morguard provides real estate management services to institutional and other investors. Morguard’s combined real estate portfolio is valued at $15.5 billion. Statements contained herein that are not based on historical or current fact, including without limitation statements containing the words “anticipates,”“believes,”“may,”“continue,”“estimate,”“expects” and “will” and words of similar expression, constitute “forward-looking statements.” Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, events or developments to be materially different from any future results, events or developments expressed or implied by such forward-looking statements. Such factors include, among others, the following: general economic and business conditions, both nationally and regionally; changes in business strategy; financing risk; existing governmental regulations and changes in, or the failure to comply with, governmental regulations; liability and other claims asserted; and other factors. Given these uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements. The Publisher does not assume the obligation to update or revise any forward-looking statements.
2016-01-29 3:31 PM
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Volume 16 Issue 01
10929735_0516
Commercial Real Estate & Business Opportunities
RONAN REALTY, BROKERAGE Each Office Is Independently Owned & Operated
Fo r m o r e i n fo g o t o w w w. r o n a n r e a l t y. c o m
Greater Toronto Area
Legendary Business For Sale! Muddy Water Hotel in Beeton. Bar/Restaurant In Growing Community. 3 New Developments Under Construction Now And Large Condo Building Across The Street Coming Soon. Lots Of Original Charm (1885!) 2 Patio Spaces. Great Opportunity With Loyal Clientele. $347,900 Robin Norcross* 1-877-435-4336 0516_DJW_8002
Sensational 100 Acre Parcel Located In South End Of Hockley Valley! Five Species Of Mature Trees, Great Building Sites, Walking And Riding Trails, And Humber River Flows Through! Hunter, Angler, Sortsman, Fisherman's Dream! Taxes Reflect Managed Forest. $995,000 Marc Ronan*** 1-888-936-4216
100 Acre Vacant Land In South Bradford/West Gwillimbury! Approximately 77 Acres Workable With Balance Excellent Hardwood Mature Bush. No Severances. In Area Of Productive Farms Near Hwy 9 & 27. $1,950,000 Marc Ronan*** 1-888-936-4216
For Lease - 10,000 Sq Ft Shop On Hwy 50 Just South Of Hwy 89. High Profile Location. Free Span, Insulated Office, Plumbed For Propane Heating 18 x 18 Overhead Doors, 20 Ceiling Height, 2 - 16 x 20 Shop Doors. $5,000.00 For Lease. Marc Ronan *** 1-888-936-4216
0516_DJW_0051
0516_DJW_0052
Investment Opportunity on 20.2 Acres Abutting Developer Owned Land. Property Falls Withing The Hewitt Secondary Plan of City of Barrie Annexed Lands. Residence & 40' x 8' Insulated, Heated Workshop. Located East Of Yonge, West Of 20th Sideroad In The City of Barrie. Excellent For Builder or Contractor Needing Inside Climate Controlled Storage With Eventual Development. $1,995,000 Marc Ronan *** 1-888-936-4216 0516_DJW_0054
Excellent investment opportunity in growing community of Tottenham. 4 units in convenient location. Close to Shopping, Dining and Schools. $449,000. Sarah Lunn * or Marc Ronan *** 1-888-936-4216. 0516_DJW_0089
0516_DJW_0053
Beautiful, Partially Cleared Building Lot, Approx. 4.13 acres On A Paved Road. Minutes to Shelburne & 1/2 Hr From Alliston. Mixed Bush Offers Complete Privacy. Asking $139,900 Ingrid McNeill* 1-877-435-4336 0516_DJW_0055
84.4 acres abutting residential development in areas fastest growing community. Surrounded by existing development with two road stubs to East on municipal services. Flat, clear acreage minutes from Honda. Entirely maintenance free clean crop land. Zoned rural, in 2 deeds. Both deeds in land titles absolute. Perfect land banking earn solid crop related income while waiting for this parcel to mature to the development stage. $2,995,000 Marc Ronan *** 1-888-936-4216 0516_DJW_0090
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45
Commercial Real Estate & Business Opportunities
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11265283_0516
Igor Chouminov President, Broker of Record
416.877.0326 igor@paiirealty.com
PAII REALTY INC.
Brokerage
Greater Toronto Area
Volume 16 Issue 01
INVESTMENT AND DEVELOPMENT REAL ESTATE
WANTED
WANTED
Plazas and Shopping Centres
All Residential Land for Development
Apartment Buildings
Site Plan Approved Projects, Townhomes and Singles Family
Multi-Unit Industrial Properties
Commercial Land for Development
Residential investment Property
Land to Construct Custom Homes Farm Land and Land for Future Development
ACTIVELY LOOKING FOR: COMMERCIAL AND RESIDENTIAL PROPERTY FOR DEVELOPMENT SITE PLAN APPROVED PROJECTS RETAIL PLAZAS AND OTHER INVESTMENT PROPERTIES INVESTORS FOR REAL ESTATE PROJECTS ACROSS THE GTA! Please say you saw it in The Commercial Investor
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Volume 16 Issue 01
Commercial Real Estate & Business Opportunities
#
Commercial Team In Canada! *
Brokerage Independently Owned And Operated ** +
**
www.PBcommercialteam.com ** Sales Person
+
Broker
TORONTO WEST APARTMENT BUILDING
HULLMARK CENTRE OFFICE SPACE C EX
LU
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NL Y
LU
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PR
IN
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PA L
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Greater Toronto Area
Premium office space at Tridel’s new Hullmark Centre at Yonge & Sheppard! Approx. 916 gross Sq. Ft. with floor to ceiling windows overlooking Yonge St. and underground access to two subway lines! For Sale! Call for pricing!
Attention Investors! A 96 unit, low maintenance apartment building located in a superb West Toronto location. Sitting on over 2 acres this practically runs itself and with rarely any vacancy! $13,250,000
PRIME MISSISSAUGA AUTO LOCATION
OFFICE SPACE! DON MILLS / LAWRENCE
YOUR BUSINESS HERE
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Stunning 3383 Sq. Ft. office space in rarely offered, modern class ‘A’ office building at prime ‘Shops At Don Mills’ location! Current medical office w/hundreds of thousands in superb leaseholds. Can be used for any professional use; tons of windows/great views!. $18.95/Sq Ft. Net
WORLDWIDE TROPHY ASSETS!
PRINCIPALS ONLY
Downtown Manhattan skyscraper! Both comm & retail space: $975M Las Vegas, NV casino! 21 floors on approx. 37 acres $475M Brooklyn hotel, popular hotel chain, over 320 rms $169 M Las Vegas, NV hotel / casino over 3,800 rms, 80% complete $470M NY City hotel, 140 rms, 3 star asset, approx. 5% CAP $103M
11276658_0516
Turn-key 4,354 Sq Ft automotive operation in modern high traffic Mississauga Plaza! Previous Goodyear location at busy Dundas/Mavis intersection. Beautiful exterior w/ amazing street exposure! Large reception/sales area, huge garage w/ 19+ft ceilings, large mezzanine, 3 front bay doors & 3 rear bay doors! $23.50/Sq. Ft. Net
www.PBcommercialteam.com | Team@PBTeam.com 5071 Highway 7 E., Markham ON L3R 1N3 *Based on Re/Max Canada commissions in 2014 1st Q
All Listings are MLS unless otherwise noted. Not intended to solicit clients already under contract.
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trebreport
ALMOST 6.1 MILLION SQUARE FEET OF LEASED SPACE IN Q4 2015
T
oronto Real Estate Board President Mark McLean announced that TREB Commercial Network Members leased almost 6.1 million square feet of combined industrial, commercial/retail and office space in the fourth quarter of 2015. This result represented a 19.6 per cent yearover-year increase compared to the fourth quarter of 2014. More than three-quarters of all leased space was accounted for by the industrial market segment, followed by 12 per cent for the office segment and 10 per cent for the commercial/retail segment.
Year-over-year changes in average lease rates, for properties leased on a per square foot net basis with pricing disclosed, were mixed in Q4 2015. The average industrial lease rate was $6.09 per square foot net – up substantially compared to $5.22 in Q4 2014. While increased demand likely played a role, the key reason for the strong year-over-year growth in the average industrial lease rate was a number of deals completed for large spaces signed at above-average lease rates. The average commercial/retail lease rate was down compared to Q4 2014. The average office lease rate was up compared to the same period last year. “It was a tumultuous time in Canada, from an economic perspective, in 2015. Nationally, we entered into and then climbed back out of a modest recession. The volatility in economic growth obviously had its foundation in declining oil prices, which hit the economies of western provinces particularly hard. However, in other parts of the country,
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like Ontario and particularly the GTA, economic conditions were not so severe. The unemployment rate trended lower for much of 2015, suggesting that many firms in the GTA were taking on employees. This suggests that some companies may be anticipating stronger growth ahead, perhaps as a result of the lower valued Canadian dollar visà-vis the US,” said Mr. McLean. “Looking forward, it is quite possible that we could see an uptick in commercial leasing and sale activity in 2016, as the economy in the GTA and Ontario more broadly outperforms many other Canadian provinces. With this said, it is important to point out that after a good GDP growth result for the third quarter of 2015, a poor October result suggests that the rate of economic growth may have moderated in the fourth quarter. The continuation of economic volatility could slow some firms’ real estate investment decisions,” continued Mr. McLean. Total industrial, commercial/retail and office property sales amounted to 235 in Q4 2015 – down by approximately 27 per cent compared to 322 sales in Q4 2014. The number of sales were down for all three market segments. Year-over-year changes in average sale prices, on a per square foot basis for transactions with pricing disclosed, were mixed. The average industrial selling price, at $87.37 per square foot, was down by approximately 15 per cent compared to Q4 2014. The average commercial/retail selling price was down substantially, but this was largely due to a greater share of larger properties sold in the last three months of 2015 compared to the same period in 2014. Larger properties tend to sell for less on a per square foot basis. The average office price was down by 7.1 per cent year over year.
2016-01-29 3:31 PM
CENTRAL ONTARIO
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
CENTRAL ONTARIO SECTION COVERING: Barrie Collingwood Muskoka North Bay Kawartha Lakes Midland Meaford Paisley Parry Sound
Orillia Owen Sound Sudbury Walkerton Midland Meaford Kawarttha Lakes Muskoka North Bay
For advertising
contact Doreen Wills Tel: 1-800-268-0077 or 905-570-9283
doreen.wills@ypnexthome.ca thecommercialinvestor@ypnexthome.ca
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Volume 16 Issue 01
49
Commercial Real Estate & Business Opportunities
"OPPORTUNITY IN ELLIOT LAKE"
0516_DJW_8888
0516_DJW_0002
• Well established retirement town, starting to grow again. • Paris Plaza has space from 800 sq ft to 3000 sq ft. with opportunity to combine for large requirements. • Space for a Former Mini Mart open for 30 years, • Office and retail also available. • Take a look at moving your business here. Call Jane Allison for more information.
1-905-734-0558 jgamcleod@gmail.com
11304868_0516
0516_DJW_0020
GAS STATION Large Commercial Building 4285 sq' on the main Street in Elk Lake (Hwy # 65 & 560) across from the Montreal River. Vacant, former gas station, restaurant, repair shop with hoist & owners apartment (not finished). Asking $159,900. MLS 152302
0516_DJW_1_0142
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$59,900 Affordable 2+2 bedroom bungalow with walk out basement. Extra lot in the back for parking. Rented for $600/mth plus utilities. Excellent income or investment opportunity. Cobalt. MLS 150148
W
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RESTAURANT Turn key set up, good condition & high traffic location on Hwy #11 in Latchford. Lots of parking, only restaurant in the area. Asking only $89,900. MLS 153116.
COBALT Large solid block 4739 sq' building downtown. Former Grocery Store, recently used for storage by Mining Company. Many possible uses here. Asking only $64,900. MLS 152021
N E
0516_DJW_1_0040
IC E R P
LCBO & GAS BAR Great turn key business on Hwy #65 West, in Kenabeek. Includes Gas & Diesel, Variety Store, LCBO, Lotto, Bottle return, Post Office, large 5 bedroom apartment, garage all on 1.47 acres. Lots of potential here for variety of uses with no zoning. Asking $249,900. MLS 152104
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New Liskeard, Northern Ontario
0516_DJW_2_0041
www.temiskamingrealty.com 1-866-557-1110 705-647-1110
BROKERAGE
E W
Central Ontario
Sales Representative bill-byers@coldwellbanker.ca
TEMISKAMING REALTY LTD.,
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Bill Byers
HIGHWAY #11 Great location for visibility & access. Surrounded by Hwy #11, #569 & Development Road. Fully fenced & graveled 2.34 acre property with 3 gated entrances. 40' x 60' 3 year old well insulated shop with office & storage. Lots of potential with general Industrial Zoning 9 miles north of New Liskeard. Asking $249,900. MLS 153288
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3:47 PM
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moneysense
CANADIANS HOARD AN UNPRECEDENTED $75 BILLION IN EXTRA CASH AMID MARKET VOLATILITY: CIBC Sitting on the sidelines for too long comes with a personal price tag
C
anadians are holding a record $75 billion in extra cash and continue to sock away money at a rate not seen in more than four years, finds a new CIBC World Markets report.
The report finds Canadians, nervous of volatility in the financial markets, have amassed cash reserves of $75 billion as of December 2015 – extra money that they normally would invest in the markets, which could cost them billions in lost investment returns. “We are currently witnessing the creation of personal cash buffers larger than at any other time on record,”says Benjamin Tal, deputy chief economist at CIBC World Markets and co-author of the report Cashing In On Fear with Senior Economist Royce Mendes.“From a broader perspective, the Canadian economy is losing out because capital is not being allocated efficiently.” Since the 2008 global financial crisis, excess cash reserves held by Canadians have risen notably and at the current level of $75 billion, they represent almost 10 per cent of the total value of overall personal liquid assets in Canada. In the past year alone, cash positions are estimated to have risen more than 11 per cent – the fastest pace since early 2012. An overly sour view of Canada from foreign investors combined with recent volatility in stock markets around the world has made for a tough investing environment, the report says. “Consistent with past behaviour, Canadian investors have used current market volatility as an excuse to let cash pile up in their chequing and savings accounts, says Mr. Tal. The report finds that all Canadians, young and old alike, are making cash a bigger part of their portfolios. But, strikingly, those under 35 – the farthest away from retirement – are holding twice as much cash as those over the age of 65, about 33 per cent versus 15 per cent.
following the crash, during which time the stock market rallied more than 20 per cent. Following the 2001 flight to safety, overall liquidity positions surged by more than 30 per cent, but again, investors failed to adjust their cash levels when the market recovered, maintaining record high cash levels during the bull market that began in early 2003. “While the rush to cash during periods of volatility is understandable, the problem is that Canadians maintained those elevated cash positions for far too long after markets rebounded,”says Mr. Tal. Likewise, the current rush to cash is still building on cash holdings that spiked following the 2008 market crash. “What’s more troubling than holding cash for long periods of time is that investors often move into it at precisely the wrong time,”says Mr. Tal.“The usual response is to take money off the table at the worst possible time.” Over the past five years, the S&P/TSX Volatility Index, a gauge of investors’ fear, peaked over 20 eight times, yet in the 90 days following the peaks, the S&P/TSX Composite Index returned an average of nine per cent. “We know that from the data on personal deposits that Canadians respond to adverse shocks by moving into cash,”says Mr. Tal.“But, that rebalancing means that investors are buying high and selling low.” The complete CIBC World Markets report is available at: http:// research.cibcwm.com/economic_public/download/if_2016-0126. pdf. CIBC is a leading Canadian-based financial institution with 11 million individual, small business, commercial, corporate and institutional clients and three major business units – Retail and Business Banking, Wealth Management and Capital Markets. CIBC Capital Markets provides integrated global markets products and services, corporate and investment banking, and top-ranked research to corporate, government and institutional clients around the world. Visit www.cibccm.com.
“While holding cash can guard against short-term spikes in volatility, it’s certainly a long-term drag on portfolio returns,” says Mr. Tal. While the October 1987 stock market correction lasted two months, investors added to their cash position for 18 months
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NewSe
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
SECTION COVERING: Lindsay Peterborough Port Hope Bowmanville
EASTERN ONTARIO
EASTERN ONTARIO
Cobourg Trenton Belleville Kingston Northeastern Ontario
For advertising
contact Doreen Wills Tel: 1-800-268-0077 or 905-570-9283
doreen.wills@ypnexthome.ca thecommercialinvestor@ypnexthome.ca
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industryinsider
CANADIAN APARTMENTS INTEREST MORE THAN CANADIANS By Ramona Ursu, FRI, CLO
A
one-on-one talk with Derek Lobo, CEO and owner of SVN Rock Advisors Inc., Brokerage, and one of Canada’s multi-family real estate experts.
Ramona Ursu: You’ve traveled a lot this past. Chicago, Munich, Aberdeen, and now, you’re in Dubai, working with various investors and bringing back that knowledge to your existing clientele. Every one of your trips is different. Tell us a little bit about the lessons learned. Derek Lobo: One of the things I’ve learned is that Canada is probably the most attractive place in the world to invest. Everyone has the United States on their list of “where I want to be,” however, where they really want to be is Canada, but they see our country as being “too small.” When I sat down at the ExpoReal Conference in Munich, I heard all these positive things about Canada, but then up came the supply question, and people argued there is a shortage of institutional-quality product. Gord Vollmer, [executive vice president, Office & Industrial, Morguard Investments Limited], said only two per cent of the world’s institutional-quality investments are in Canada, yet Canada is seen as the safest places [to invest] in the world; hence it seems to me we need to be creating more institutional-quality product, especially in the apartment sector. This is why our company focuses a lot of time on new apartment construction, and in fact, we’ve just completed a $250 million dollar transaction that was new construction based. This is what apartment building owners want: they want their apartment buildings to look like their office buildings. In regards to Aberdeen, it’s surprising that most of Europe does not have the market-driven apartment business that exists in America and Canada. When European pension funds want to own apartment-portfolios, they have to come to North America to buy them. This past year, one of our clients has decided to look into building purpose-build rentals in Europe, and they looked for people there to do
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a feasibility study that answers the questions we typically answer in our own feasibility studies: should you build, what should you build, how much should you charge and what is the depth of the market – but there really weren’t any experts in the UK who could do this. Our client hence approached us and asked us to go to Scotland and do the study. Scott Midgley, our VP of Research, and I went there, and it took us a little longer than usual to complete the study, but it wasn’t unlike the first time we went to Phoenix, or the first time we went to Oakland, or the first time we went to Colona. The rental market is the rental market. This year you’ve bought SVN Canada, a platform for taking the brokerage business nationally, and internationally, via franchising the largest privately owned real estate firm in the US. What is the immediate opportunity you foresee for US crossborder investment? DL: You know, America is probably the choice of foreign money in the world for real estate, and the reason is simply because of the size of the American economy, and the fact that there is always product available. So when we did our homework, we found that the single largest investor in real estate in the US are Canadians! And that’s maybe not a huge surprise, but it’s interesting to note that while, say, the State of Kuwait was high on the list, their average deal size was $72 million dollars; Canadians, on the other hand had done much more volume with smaller-size deals. So we think there is a tremendous opportunity for Canadians that own real estate in America, who bought it many years ago, to receive both the capital gains, and also the arbitrage on the Canadian dollar – currently a 30 per cent premium. We want to facilitate those transactions, and SVN has 191 offices and 1155 agents across America. What that brings our clients is institutional-grade service at the local level, which no Canadian firm can provide. Also, SVN’s unique co-operating brokerage model really facilitates these transactions to occur at the true top-value of the asset. What do you tell foreign investors about the Canadian multifamily market and what are some trends? Tell us a few ways your clients can invest, based on their risk profile. Continued on page 54
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Volume 16 Issue 01
53
Commercial Real Estate & Business Opportunities
“Your Commercial Connection in Eastern Ontario!”
jamie@ekortrealty.com
www.ekortrealty.com 8305397_0516
MUST SELL
RESTAURANT/APARTMENTS
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0516_DJW_2_0064
0516_DJW_1_0065
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• 4 acres • Currently 30 unit motel • Under receivership, make an offer
• Includes all restaurant equipment (as-is) • Restaurant not operating • Retrofit up to 6 residential units (now vacant) • Residential floors have not been occupied for 12 yrs.
www.parkmoteltrenton.com ASKING PRICE $1.8 MILLION
www.chinagate.ca ASKING $395,000!!!
RETIREMENT HOME
INVESTMENT PROPERTY
ED
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PR
0516_DJW_2_0078
0516_DJW_1_0089
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• Currently 20 beds • Site plan for 20 additional beds • Located in downtown core
• Sale-lease-back • CARE FREE to landlord • "Clean" facility - manufacture medical supplies • 58,000 s/f facility - 15 years old
www.stirlingtowers.com ASKING $1.85 MILLION
www.155murray.com ASKING PRICE $4.1 MILLION PRIME DEVELOPMENT SITE
0516_DJW_0097
0516_DJW_2_0102
INVESTMENT PROPERTY
Eastern Ontario
U ED
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• 5 commercial tenants • 6 residential units • Annual income approx. $98,000
www.104dundas.com ASKING PRICE: $725,000
• Bancroft downtown core • Site size 2.16 acres • Site plan, engineering studies, zoning in place for 18 residential rental units and 12 new townhouse condominiums
www.emeraldhill.ca ASKING PRICE $895,000
Please say you saw it in The Commercial Investor
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54
Commercial Real Estate & Business Opportunities
Jack Huitema Broker of Record
905-774-7624
Volume 16 Issue 01
220 Broad Street East, Dunnville, ON N1A 1G2 Each Office Is Independently Owned & Operated
BRIGHTON - FULL SERVICE GARDEN CENTRE
Open year round. 3.8 acres with 34,000 sq. ft. of Greenhouse. Natural gas heat. 3600 sq. ft. steel building houses store and retail space. Large parking lot. Business showing excellent returns. Vendor 4115_DJW_0016 4115_DJW_0017 will assist new owner. Call Jack for more information.
www.coldwellbanker.com
11279879_0516
Continued from page 52
Eastern Ontario
DL: I always tell foreign investors to be patient, because at any given time, you can go to America and find a portfolio of 5,000 units available at 5.5 per cent cap rate. But that comes with brutal competition, significant overbuilding, and volatility in the market place that almost resembles the hotel industry. If you come to Canada, you take a lower rate, and yes, your accumulation will be slower, but the investment will be steady. And investors don’t come to Canada to hit a home-run. They come to Canada for wealth preservation, taxshelter and maybe a currency-play if they get their timing right. But they’re coming here for quality and stability, and the Canadian market place offers stability like no other. Now we have to work on giving the foreign investors the quality of product that they want. How would you help a foreign investor that wants minimal involvement and maximum returns? DL: Most foreign investors are not coming here because they want to be property managers or asset managers. They’re coming here because they believe in the Canadian economy and real estate. We’ve done a number of deals with sovereign wealth funds and private wealthy individuals from Asia and Europe. They are always quality oriented in terms of what they buy, how they manage and maintain their buildings, and how they pay their on-theground Canadian staff. These owners want best-in-class
and are looking at the long term. Our job is not only to do the transaction, but to find all the members of that team [that will look after the asset], including the financing, if needed. You’re in Dubai for almost a month. Other than spending time with your clients, what do you most look forward to? DL: I’ve read many stories about Dubai, and have always been fascinated with its history and transformation. I remember when I was very young, my father and I were flying from Asia to Canada for the first time and the plane stopped in Dubai. The air was incredibly hot, and back then, Dubai was of course not what is it today, but I bet the wall of heat is still there; I look forward to reliving a bit of that memory, as well, I have family there, so a lot of these things tie together.
Ramona Ursu acts as the Director, Corporate Outreach for REIC. She can be reached at ramona.ursu@svn.com
Please say you saw it in The Commercial Investor
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NewSe
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
SECTION COVERING: Niagara Falls Niagara-on-theLake St. Catharines Thorold
NIAGARA
NIAGARA Welland Fort Erie Beamsville Fonthill Port Colborne
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contact Doreen Wills Tel: 1-800-268-0077 or 905-570-9283
doreen.wills@ypnexthome.ca thecommercialinvestor@ypnexthome.ca
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56
Volume 16 Issue 01
Commercial Real Estate & Business Opportunities
NEWS RELEASE
Colliers International Canada Expands into Niagara Region Niagara Falls, ON, January 19, 2016 – Colliers International, a global leader in commercial real estate services, has expanded its services by opening an office serving the Niagara Region, with branches in Niagara Falls and St. Catharines, ON. Colliers has brought on 30 new professionals in the Niagara Falls and St. Catharines area. The team provides full-service commercial real estate services including commercial brokerage, appraisal and valuation, property management and property maintenance, and offers proven expertise in the growing field of golf course advisory. The team has also played a prominent role in Niagara’s commercial real estate market for the past 30 years based on the legacy firms of the Don Wilson Company and Rodger Bailey Realty Company. “We feel the local team serving the Niagara Region is a perfect and complementary fit with Colliers International,” said John Arnoldi, Executive Managing Director of Colliers International Canada. “Headed by co-Managing Directors Taylor Wilson and Todd Crawford, the new additions to our team have a very impressive depth of knowledge in all aspects of commercial real estate in the Niagara Region, and will be an excellent extension of our services in one of Canada’s fastest-growing real estate markets.”
Taylor Wilson co-Managing Director Niagara Region Niagara Falls, ON
Niagara Peninsula
“The Colliers management team recognized the incredible potential of the Niagara Region,” said Taylor Wilson, co-Managing Director, Colliers Niagara. “With its abundant areas of developmental land, planned transit infrastructure expansion and population growth projected to exceed eight million in the Golden Horseshoe by 2030, this region will be amongst the most robust areas for commercial real estate growth in North America in the next 25 years.”
Todd Crawford co-Managing Director Niagara Region Niagara Falls, ON
“This expansion will significantly strengthen Colliers’ presence in the Ontario commercial real estate market,” said Todd Crawford, co-Managing Director, Colliers Niagara. “We believe that our local market knowledge and expertise in this region, now coupled with the resources and depth of Colliers International, will allow us to provide even better service to our clients in the years ahead.” -- 30 -About Colliers International Group Inc. Colliers International Group Inc. (NASDAQ: CIGI; TSX: CIG) is a global leader in commercial real estate services with more than 16,300 professionals operating from 502 offices in 67 countries. With an enterprising culture and significant insider ownership, Colliers professionals provide a full range of services to real estate occupiers, owners and investors worldwide. Services include brokerage, global corporate solutions, investment sales and capital markets, project management and workplace solutions, property and asset management, consulting, valuation and appraisal services, and customized research and thought leadership. Colliers International has been ranked among the top 100 outsourcing firms by the International Association of Outsourcing Professionals’ Global Outsourcing for 10 consecutive years, more than any other real estate services firm. For the latest news from Colliers International, visit Colliers.com, or follow us on Twitter: @Colliers and LinkedIn. To see the latest news from Colliers International in Canada, follow @collierscanada on Twitter and Colliers International Canada on LinkedIn. For further information, please contact: David Eisenstadt / Victoria Quiroz tcgpr Phone: 416-696-9900 x36 / x 0 Email: deisenstadt@colliers.com / vquiroz@tcgpr.com Chris Markovic Director, Marketing and Marketing Intelligence, Colliers International Phone: 416-643-3764 / (cell) 647-405-6404 Email: chris.markovic@colliers.com
8646421_0516
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Volume 16 Issue 01
57
Commercial Real Estate & Business Opportunities
Colliers International Niagara Ltd., Real Estate Brokerage 4056 Dorchester Road, Niagara Falls ON L2E 6M9 www.collierscanada.com 905-354-7413
1129 Caistorville Road, Caistor Centre, Ontario. 98.66 acre, 18 hole golf course. Fully licensed clubhouse with panoramic views from the patio. Licensed to serve 244 patrons. OFFERED AT $1,495,000 Contact: Mark Stevens, Sales Representative
24,300 sq. ft. warehouse and 7,145 sq. ft. office. Excellent Q.E.W. exposure. 24' vertical clearance and 3T bridge crane. Warehouse has 4 shipping doors and 1 drive through door with side loading ramp. Zoned PI - Prestige Industrial. REDUCED PRICE Contact: Taylor Wilson, Broker of Record Taylor.wilson@colliers.com
13227 LUNDY'S LANE, THOROLD
104 LAKEPORT ROAD, ST. CATHARINES
Institutional building consisting of +27,000 sq. ft. Property is divided into 1 main building of 21,000 sq. ft, technical building of 5,990 sq. ft. and 2 portables. Ample on-site parking. Zoned Institutional and Highway Commercial. OFFERED AT $1,100,000 Contact Ralph Roselli, Sales Representative Ralph.roselli@colliers.com
Industrial building consisting of 9,446 sq. ft. 16' ceiling height, 3 Phase, 200 amp, can be divided into 2 units. Zoned E-Enterprise. OFFERED AT: $795,000 Contact: Todd Crawford, Broker Todd.crawford@colliers.com
BROKERAGE APPRAISALS MANAGEMENT
0516_DJW_0109
3,500 sq. ft. 1-storey commercial building. 3 Phase, 200 amp, 240 volt, 0.357 acres of vacant development land. Close proximity to Garrison Road and many national retail chains. OFFERED AT: $899,000 Contact: Mike Halliday, Sales Representative Mike.halliday@colliers.com
Industrial building consisting of +/-30,000 sq. ft. 24 foot ceiling height. Beautifully finished office space. A must see. Subject to verification. OFFERED AT: $2,675,000 Contact: Greg Chew, Sales Representative Greg.chew@colliers.com
Accelerating success. Global leadership in real estate solutions.
Please say you saw it in The Commercial Investor
COM_0516.indd 57
60 BENFIELD DRIVE, ST. CATHARINES
1117 CONCESSION ROAD, FORT ERIE 0516_DJW_0108
0516_DJW_0107
14 HENEGAN ROAD, VIRGIL
Commercial/Residential development site. Situated on 0.745 acres. Lot frontage of 248.24 feet. Gateway property to the historic Port Dalhousie. OFFERED AT $695,000 Contact Mike Halliday, Sales Representative Mike.halliday@colliers.com
Niagara Peninsula
0516_DJW_0105
0516_DJW_0106
0516_DJW_0104
8485 MONTROSE ROAD, NIAGARA FALLS
0516_DJW_0103
CAISTORVILLE GOLF CLUB
9866060_0516
2016-01-29 3:31 PM
marketminded
THE 1, 2, 3’s OF INVESTING THIS SEASON
A
s Canadians from coast to coast turn their minds to the annual investment season, Scotiabank offers three tips to those looking to invest for the future this year.
Explore ways that an RRSP and TFSA can complement each other as part of your overall retirement plan and decide what is right for you. Invest early and invest often. Skip the last minute RRSP scramble. Just choose the amount you want to save and how often you want to save it.You’ll save money on a regular basis without even thinking about it, and it will help maximize your savings.
“The RRSP is the most popular way that Canadians talk about saving for their future, but an RRSP is just one part of an overall financial plan,”said Ahmad Dajani, vice president, Retail “Every client I meet has unique short- and long-term goals for Deposits and Investments at Scotiabank.“Saving for your future their investments,”said Darren Farwell, senior wealth advisor at is a highly personal process that should take into account how Scotia Wealth Management.“Whether making an investment in much you can comfortably afford, how close you are to reaching an existing RRSP or building a brand new savings plan for the your goal, the types of investments best suited for you, and more. future, our team provides thoughtful analysis that considers market There is no one-size-fits-all solution. We encourage Canadians conditions, risk appetite and where clients are in their life stage to to meet with a financial advisor to map out their own unique create a long-term financial plan that meets their personal goals.” plan for saving for the future.” There are many investment options available to Canadians – Mutual Funds, GICs, High Interest Savings Accounts – which can be invested in an RRSP or a Tax Free Savings Account (TFSA). The most important thing is to create a plan that is tailored for your goals whether short, medium or long term. THREE TIPS FOR INVESTMENT SEASON: Work with an advisor1 to prioritize your financial goals and build a plan that works for you and your budget.
Scotiabank is Canada’s international bank and a leading financial services provider in North America, Latin America, the Caribbean and Central America, and parts of Asia. We are dedicated to helping our 23 million customers become better off through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets. Visit www.scotiabank.com/investing. 1 In Quebec: your Scotiabank Investment and Personal Banking Specialist or your Scotia Securities Inc. Mutual Fund Representative.
What our clients are saying about us “SOLD! Thanks to the Commercial Investor ” - Larry Bilkszto
Larry “BILKO” Bilkszto Your Local Sales Representative Since 1989 Garden City Realty Inc. Brokerage Independently owned and operated
Email - bilko@rgcmail.com Web - www.bilko.ca
(905) 641-1110 • (905) 563-3330 Toll Free (866) 575-9400 TONS OF FARMS TO CHOOSE FROM IN THE NIAGARA REGION WITH BILKO. GREENHOUSES • VACANT LAND • VINEYARDS • TENDER FRUIT • HOBBY FARMS • COUNTRY ESTATES Estate sale in N.O.T.L. 50 acre vineyard planted to cab sauv, pinot gris, sauv blanc & pinot noir. Over 7000 new vines planted in 2015. All tiled drained. Property has 2 road frontages. Great location for a winery or vineyard income! Existing farm house & barn of no value. Full list of varieties & plot map available. $1,050,000
Oct 10 -
INCORPO
D L O S
A rare offering in the Niagara Peninsula wine country!! 90 acre vineyard. True bench land located in the 20 Mile bench sub appellation. Excellent location for a winery site just off Reg Rd 81 wine route + only minutes off the QEW. Approx 51 acres have producing vines of cab franc, cab sauv, baco, vidal & riesling. Another 27 acres are tile drained & ready for planting, offering your 2914_DJW_0044 choice of new varietals to be planted! Approx 5 acres of bush & another 5 of headlands. This parcel also has a modest 2 bedroom bungalow & large outbuilding 40x32'. 200 amps. A 5yr contract could be put in place for the purchase of all the grapes harvested off this vineyard if the buyer so desires. This one of a kind vineyard consists of 4 merged parcels. $1,980,000
Nov 7, 2015 , Volume
Full Coverag
15 Issue
RATING FRANCH
e Area Incl
uding Win
Kazan,
ISE AND BUSINESS
dsor, Ham
ilton, Toro
Broke
2115_DJ
W_0047
SURE/CLE
AR SPAN
/GRIMSBY
OPPORT
nto, Niag
TAIN 19,000 square feet availab on 3 floors le plus full basement. Currently the up as a school,building is set with offices, classrooms, and medica computer labs. Each l and floor is 4750 sqft. The buildin great conditi g is in on with a and operati new roof ng elevato r. Located on the Hamilt on Mounta along the in, busy Upper St. corrido James r just North expressway. of Lease rate the per sqft. is $13 plus $2.49 million TMI or asking to purcha se.
Royal LePag r | Nicolas Von Bredo e Macro Realty Indepe w, Broke r Tel: 905-5 ndently Owned and , Brokerage Operated 74-3038 1-888-7512229
QEW EXPO
LE R SA FO
ara Falls,
31-SUITE
UNITIES Kingston
ORAN APARTMEN GEVILLE T BUILDING
00
3715_D JW_001 9
e Park Rd. & Richmon d St. (Coming January 2016) Welling Commiss ton Rd. & ione (Coming rs Rd.
COM_0516.indd 58
a
1715_D
JW_008
1-877-272-
6
Get The Comm
ASKING $1,198,800 3+ Acres development site. Land zoned for townhouse & semi-detached homes, 64 units in total, 52 townhomes & 12 semi detached units. Close to St. Catharines new hospital facility. Walking distance to many amenities. All city services.
June 2016)
Other locat
2 GREAT
ng@cbci.c
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2952
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LOCATIO
Great Hour s of Oper ation 7:00 am - 3:00 pm
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(COM)
068 Emai l: wdejo
BSCRIPT
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FREE SU
and Ottawa!
$2,690,0
Well kept unique 4 storey, brick and stucco apartment with elevato building, r. The buildin previously g was a historic church built in 1891. It was comple inside and renovated tely gutted Features: in 1986. 11 Bachel or, 17 – 1-bedroom and 3 controlled – 2-bedroom suites; entry; electric heating; one gas hot-wa baseboard 2014, (owned ter ); all bathroo tank equipped ms with grab bars; new in Septem roof ber 2005; all corrido new carpet rs in lent downto October 2005. Excelwn locatio FOR MAR vacancy – n. Seldom currectly KETING no vacanc a Winston BROCHURE y. Davie WinCorp CALL: Realty Inc.,s, Broker of 45 Keats Real Estate Record Tel: 519-8 Cresc Brokerage, 36-2080 Fax: 519-8ent, Guelph, ON N1G 36-2081 Email: wjmda3B1 vies@rogers .com
Fanshaw Clear span 22,434 SQ.FT. Available building Located For (no interio seconds r column Sale. away from QEW with s), 38’ High Ceiling William Coldwell high profi DeJo le neighb . Banker ors. Commercial ng, Broker of 1155 North Integrity Real Record Estate Servic Oakville, e Road W, Suite7 Inc., Brokerage Tel: (289 ON L6M ) 291-5 3E3
6 Acres of residential development land in Jordan Station. Surrounded by the Greenbelt, vineyards & orchards. All city services at the road! Only mins to the QEW & all amenities. $3,300,000
SPECIALIZING IN FARMS, AGRICULTURE, GREENHOUSES, ETC.. IN THE NIAGARA REGION!
10
3 VALUE PRICE STOREY VACA NT BUIL D - WON’T DING - FOR LAST AT $2.49M ON SALE BUSY HAMIL TON MOUN
Nicholas
Build your dream home on this one of a kind dream lot!! Pie shaped 50’ X 215’ w/unbelievable backyard views of 20 Valley, the 20 Mile Creek & Tressel. Quiet, no through traffic cul de sac. This ravine/nature lot has the largest building envelope in the subdivision. All city services, surrounded by prestigious existing homes. A best kept secret, only 5 minutes from the QEW and only a walk to all amenities, wineries, hardware, pharmacy, grocery, banks, restaurants, etc. Choose your own builder or subcontract out! Only 4 lots left!! Starting at $109,800
For information call 1.800.268.0077
2016-01-29 3:31 PM
Volume 16 Issue 01
59
Commercial Real Estate & Business Opportunities
Larry “BILKO” Bilkszto Your Local Sales Representative Since 1989 Garden City Realty Inc. Brokerage Independently owned and operated
Email - bilko@rgcmail.com Web - www.bilko.ca
(905) 641-1110 • (905) 563-3330 Toll Free (866) 575-9400 8494906_0516 TONS OF FARMS TO CHOOSE FROM IN THE NIAGARA REGION WITH BILKO. GREENHOUSES • VACANT LAND • VINEYARDS • TENDER FRUIT • HOBBY FARMS • COUNTRY ESTATES A rare offering in the Niagara Peninsula wine country!! 90 acre vineyard. True bench land located in the 20 Mile bench sub appellation. Excellent location for a winery site just off Reg Rd 81 wine route + only minutes off the QEW. Approx 51 acres have producing vines of cab franc, cab sauv, baco, vidal & riesling. Another 27 acres are tile drained & ready for planting, offering your choice of new varietals to be planted! Approx 5 acres of bush & another 5 of headlands. This parcel also has a modest 2 bedroom bungalow & large outbuilding 40x32'. 200 amps. A 5yr contract could be put in place for the purchase of all the grapes harvested off this vineyard if the buyer so desires. This one of a kind vineyard consists of 4 merged parcels. $1,684,800
HORSE FACILITY ON 10 ACRES! 160' x 65' indoor arena, 28 stall barn, outdoor sand ring & jumping ring, 7 paddocks, pond, h a y m o w . R e n o v a t e d bungalow, attached double car garage. 3 bedrooms up, 3 pc & 4 pc baths. $719,800
Country property within minutes from town. 20+ acres cash crop land, corner of Balfour & Kilman Rd in Pelham. Great location to build that dream home. Super hobby farm location waiting for outbuildings & barns to be built. Start a nursery, greenhouse etc, etc. Land separate hydro meters. is slowly becoming scarce in the Niagara region. basement w/laundry rms. Invest now & cash out later. $249,800 building. $399,800
43+ acres of land. Great investment & dream home location. Private access off south Pelham Rd & frontage on Gaiser Rd which is unopened at present. Unbelievable wildlife on this parcel with Coyle Creek running through it. Bush & overgrown pasture land. All city services. A part of paradise yet so close to amenities. $499,800
Legal 4-plex semistyle! Paved drive w/4 paved parking spots. Downtown St. Catharines on bus route & walk to all amenities. 4-2 bedroom apts, 4 Full, partly finished Well kept investment
SPECIALIZING IN FARMS, AGRICULTURE, GREENHOUSES, ETC.. IN THE NIAGARA REGION!
www.hometownrealestateteam.ca 11298870_0516
Carlie Smith
SALES REPRESENTATIVE
Direct: 905-650-4741
Michael Smith SALES REPRESENTATIVE
Licensed Assistant to Michael Smith
Office: 905-834-9000
Niagara Peninsula
N
EW
PR
IC
E
265 MAIN ST, PORT COLBORNE $314,900
130 seat family restaurant One of Port Colborne's most established family restaurants, featuring 70 seat dining room, 30 seat bar area and bonus 30 seat private room. Functional fully equipped kitchen with walk in cooler and bonus basement storage and prep space. 2 or 3 bed upper apartment with patio, ideal for on site owners or possible rental. This property is ideally located in the heart of town but also on Main St/Hwy 3 with thousands of passers by daily with on site parking this property has it all and is truly turn key with a menu to satisfy all or a canvas to create your own possibilities! 4915_DJW_0028 4915_DJW_0029 Please say you saw it in The Commercial Investor
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Volume 16 Issue 01
Commercial Real Estate & Business Opportunities
Wes Moodie 905.774.4444
SALES REPRESENTATIVE
wes@wesmoodie.com
www.wesmoodie.com
0516_DJW_0003
3000 SQ FT STEEL SHOP $274,900 Centrally located property on Niagara Street Dunnville. 2 large bays with 20' door, reinforced concrete floor & side walls, 400 amp, upper level mezzanine, truck trailer dock. Include 70,000 BMF Byle Dehumidification kiln unit. MLS H3165150
0516_DJW_0004
DISHER ST. CATHARINES $1,425,000 2+ acres, 5 buildings, 4 separate deeded properties (2-duplex, 4 plex, 3 plex, single fam). $84,164 gross annual income. Merritt walking trail & 405 HWY nearby. Recent new development in area.
905-641-1110
Tony Tripodi
cell: 289-241-6954
Broker
tripodi@sympatico.ca Garden City Realty Inc., Brokerage Independently Owned & Operated
10331793_0516
11304878_0516
INDUSTRIAL * COMMERCIAL * INVESTMENT ST. CATHARINES
7500 sq. ft. building, located on one of the best commercial/industrial areas of St Catharines. Only two tenants, easy to manage. Ethnic club is the tenant for the past 20 years, plus 1500 sq ft leased for retail. SUPER DEAL. Cap rate of 8.44%. Cash on cash 13.61% - If you find a better deal....Take it.
Features 150,000 sq ft warehouse on 14 acres. Zoned R4/G1 holding, warehouse, apartment buildings. Easy access to major highways - QEW & 406. Possible re-activate CNR spur-line Numerous loading facilities. Updated hydro and heating services. 100% sprinkler system. Signed agreement for solar energy paying $250,000 a year - see schedule attached. Property mostly fenced 120 self storage units - completed & ready to be approved. Additional office area available if needed. 7 acres zoned for multi-storey residential can be severed. Weigh scales Listed at $3,450,000
0516_DJW_1_0108
0516_DJW_0085
Niagara Peninsula
NEW PRICE - $699,000
Please say you saw it in The Commercial Investor
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NewSe
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
INVESTORS
The perfect place to list all of your businesses opportunities
BUSINESS INVESTORS
BUSINESS For advertising
contact Doreen Wills Tel: 1-800-268-0077 or 905-570-9283
doreen.wills@ypnexthome.ca thecommercialinvestor@ypnexthome.ca
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Commercial Real Estate & Business Opportunities
Volume 16 Issue 01
Business Investor
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Volume 16 Issue 01
63
Commercial Real Estate & Business Opportunities
Mortgages
article series from Pro Funds Mortgages
#12051
Utilize Private Funds In Your Real Estate Today! Since private money can fund quickly, why not use this funding source to negotiate a better deal for a quick closing, and offset the additional interest rates? I personally am self-employed and I am an avid real estate investor who uses this technique all the time. I pay the going rates and still have a great success from real estate!
Example of how using private money worked for one of our clients: Purchased a power of sale vacant property: $550,000 Used private funding to close Used private funding for a renovation loan Renovated and leased the vacant space Appraised the property after the work was completed: New value $1,100,000 Refinanced with the bank Removed private money: now they have a beautiful property that is cash flowing and their initial investment has been returned!
Please note, first mortgage rates for a private loan average from 7-10% annually, second mortgage rates average from 10-15% annually. We can obtain up to 90% of the value of the property on approved credit. On average this is on higher side, however has been funded. Lender fee and broker fee will also apply. Private money will fund land, gas stations, vacant properties, distressed properties, construction, and development amongst many others. If you are looking to buy a property and are hitting a wall with your funding, contact info@profunds.ca or reach us toll free at 1-888-330-3866 and we can perform an assessment on your deal today!
Carmen Campagnaro
6_0516
11289457_0516
Pro Funds Mortgages • 1.888.330.3866 • info@profunds.ca • 3390 South Service Rd. Suite #201, Burlington ON L7N 3J5
Business Investor
President Pro Funds Mortgages Inc.
Please say you saw it in The Commercial Investor
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Volume 16 Issue 01
Commercial Real Estate & Business Opportunities
R DE UN FFER O
MANUFACTURER OF SPRAY GUN CLEANERS The Company manufactures spray gun cleaners, parts washers, and solvent recyclers for use primarily in the automotive and printing industries. The business is well organized with 60 trained employees, good infrastructure and a 80% level of repeat business. Revenues are in the $7.0.
POOL & SPA EQUIPMENT SUPPLIER
EQUIPMENT & DIES MFG.
Operating in the GTA over 45 years the company wholesales proprietary branded chemicals blended in house and patented chemicals manufactured by exclusive suppliers. High profile customer base and four employees generate sales $1.1 million with earnings in the $200K range.
Operating since 1993 and located one hour outside the GTA - the Company specializes in the design and manufacturing of stamping dies and special purpose equipment. Revenues are in the $7 million range and earnings in the $2 million range.
R DE UN FFER O
NDT PROVIDER
MANUFACTURER & DISTRIBUTOR POOL & SPA EQUIPMENT
PLUMBING SERVICES COMPANY
Company provides NDT/NDE training, products, and services. Clients are in power generation, oil and gas, engineering training/consulting, and other service industries. Located 1 hour outside GTA. Revenues are in the $7.5M range with earnings averaging in the $500K range.
D L O S
R DE UN FFER O PHARMACEUTICAL
AND TECHNICAL SERVICES
Operating in Ontario over 20 years the company provides wholesale, retail pharmaceutical and technical services in Canada and internationally using e-commerce and a mail-order/retail pharmacy. With 9 FT 4 PT employees the business generates – Revenues in the $7.0M range and earnings in the $1.0M operating.
ATLANTIC PROVINCES OPPORTUNITY WHOLESALING MEAT TRADING AND DISTRIBUTION Distributor of various meat products, selling to food services, retail and brokers throughout the Maritimes. Operating over 35 years with 9 FT employees and generating Revenues of $43.0 Million and EBITDA of $1.6 Million range
Company operating in the GTA and specialiazing in all areas of plumbing commercial, industrial, residential, service, installation and 24/7 emergency response. Well trained - 7 FT non-union employees and strong account base generate revenues in the $1.7M range and earnings in the $450K range.
B2B SOFTWARE COMPANY DATA EXTRACTION AND CONVERSION
The Company’s core business is focused on data extraction – and is the developer and publisher of its own proprietary PDF and data extraction technology. Operating in the GTA over 15 years the company has revenues in the $2.5M range and earnings in the $350K range.
The Company sells on a wholesale basis, targeting pool and hot tub dealers. The Company serves 600 active customers employing 7 FT including owners and generates revenues in the $2.5 M range and earnings in the $300 K range.
R DE UN FFER O
MANUFACTURER OF AUTO BODY TOOLS & EQUIPMENT
Located in the GTA the Company manufactures tools and equipment for the auto body repair industry. Serving the aftermarket with 85 active customers in the US and 35 in Central and Western Canada, Company has revenues in the $3 million range.
D L O S UNDER OFFERUNDER
OFFER
Business Investor
ATLANTIC PROVINCES OPPORTUNITY
ATLANTIC PROVINCES OPPORTUNITY
Business founded 30 years ago and sells used vehicles, provides mechanical repair services and detailing and paint protection applications (10%). The Company also applies paint fading resistant treatments and rust proofing. Revenues in the $1.8 million range.
Founded in 1994 the business operates a winery and restaurant. Revenue of $2.5 million was derived from wine, restaurant, weddings and events, tours and tastings, and online sales. There are 24 FT and 31 PT employees and the real estate is owned by the company.
“Selling Your Business is our Business” 416-782-5222
8157086_0516
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H
A
M
I
L
T
O
N
Mazhar Roshan Sales Representative
905.929.9800
HomeLife Results Realty Inc.
Direct
BROKERAGE
I have qualified buyers for up to $5M in commercial and investment buyers. Call for details. 8148414_0516
905.318.3800 24 Hr. Pager 647.609.9463 GTA Direct mazharroshan@sympatico.ca SALVAGE & WRECKING YARD - $899,000
RE DU C
ED
AVAILABLE FOR LEASE
Well established auto related property and business with 4 bedroom house in Norfolk county, property includes, Salvage yard, Scrap business, 3 bay garage with 2 hoists, 3 bay separate garage with paint booth for body shop also 2 more building for storage or any other related use. Over 3 acres with MD zoning, call LBO for details. 0516_DJW_0017 0516_DJW_0018 0516_DJW_1_0041
PLAZA FOR SALE - $1,485,000
DOWNTOWN - HAMILTON $1,500,000
Rare find Commercial Plaza with anchor tenant. Net income Location location location, property in downtown core is 104K, offered at 7% cap rate. Hamilton. Currently use as a worship place. Buyer to do due diligence regarding future use and property taxes. For more information and details call Mazhar. 0516_DJW_1_0085
OTTAWA STREET - HAMILTON - $449,900
MOTEL FOR SALE - $579,000 R BY ED $5 UCE 0, D 00 0
REDUCED $800,000
0516_DJW_2_0018
Ideal property to live in and run your own business. 9 room motel with a 2 bedroom separate house, no vacancy in motel for 2014, fully rented to long term clients. AAA location close to hwys. New septic bed installed in 2014, located beside Tim Hortons & Price Chopper. 0516_DJW_1_0068
BUSINESS FOR SALE - $139,900
BURLINGTON - $79,900
Desirable location close to McMaster, Columbia College, high school and student residential area. Doing over 5000 per week in sales and growing on daily basis.Well equipped middle eastern restaurant. Ideal for family or business, minded person. Reasonable rent and lease.
Great location downtown Burlington franchise business doing 25K per month. Good for family, turn key operation. Training will be provided. Low royalty and easy to operate, buyer to pay transfer fee, for more details call LBO.
BURLINGTON - $119,900
GUELPH LINE, BURLINGTON - $89,900
EAST HAMILTON
In the Heart of Burlington, plaza location fully equipped pizza parlour, doing over 200K per year. Good for family operation. Call for more information.
Long established Thai restaurant in the heart of Burlington doing over 22K p/m. Good for family business. For more details call LBO
Long established. 30 years in business. Great location. No other competition in the area. Doing approx. $35,000 in monthly sales. Call for more information.
0516_DJW_1_0020
0516_DJW_1_0032
Great location, South of main triplex with four (4) pc w/rooms, 3 full kit, 1 rough/in kit. Totally updated, hardwood, pot lights, 3 hydro meters & hwts, nice income generating property currently vacant. Close to Schools, Shopping on bus route. Was rented for $2800 p/m.
0516_DJW_1_0021
0516_DJW_1_0022
0516_DJW_1_0018
BURLINGTON BUSINESS FOR SALE - $59,900
FO
R
LE
AS
E
DESIRABLE ANCASTER LOCATION
0516_DJW_2_0021
On Wilson Street at the corner of Hwy #52.Across from the Ancaster Fairgrounds. Brand new Esso Gas Station and a modern restaurant coming soon. 5 units to choose from, has 2 bay auto garage. Good for any type of retail, office, commercial, warehouse or other uses. Call listing agent for further details. 0516_DJW_1_0027
0516_DJW_0019
Located on Mountainside in Burlington. Business operates six days a week. 0516_DJW_1_0023
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legallyspeaking
Why do I need a lawyer to buy a franchise? By Konstantine Chatzidimos and Jayson Schwarz
W
hat is a franchise? A “franchise” is a legal structure where a “franchisor” grants to a “franchisee” the right to use a trade name, trademark and can include a business methodology in association with the running of a particular business. Franchise arrangements are quite common in the retail and restaurant sectors of the economy but can be found in virtually all segments. In exchange for the right to use the franchisor’s trade name or trademark and following their guidelines, the franchisee typically pays the franchisor an initial franchise fee plus ongoing royalty payments linked to the gross sales of the franchised business. Due diligence Many prospective franchisees believe that since a particular franchise may have been around for a while, less research, investigation or even business knowledge are required on their part when considering this type of investment. They will hear “turn-key operation” and put their financial suspicions to rest. The Canadian Franchise Association implores prospective franchise purchasers to “investigate before investing.” In Ontario, legislation requires franchisors to provide prospective franchisees a Disclosure Document at least 14 days before they sign any agreement or pay any money to the franchisor. This Disclosure Document is supposed to furnish prospective franchisees with detail regarding the franchise they wish to purchase. It is imperative that prospective franchisees review the complete Disclosure Document,
and any schedules, with a commercial lawyer experienced in this area of the law. An experienced lawyer will determine whether the disclosure provided satisfies the franchisor’s obligations under the law. Too often, clients have retained us to close the purchase of their new franchise well after signing the franchise agreement. You have to read the complete Disclosure Document to understand what you are buying. You are going to get financial statements with the Disclosure document so you will need a chartered accountant to review those as well to ensure you are not buying “a pig in a poke.” If you need a referral your lawyer can certainly help you. The Franchise Agreement included with the Disclosure Document should be a copy of the draft Franchise Agreement. I refer to it as a “draft” because normally there is some negotiation ‘wiggle’ room. It is imperative that the 14-day window is taken advantage of and you address any issues in the Franchise Agreement at that time. Here are some things to watch for that ordinarily are points of contention: the franchise fee; royalty rates; pricing of products that have to be bought from the franchisor; training (if any), territory: exclusivity; degree of control by franchisor over operation of the business and term of the agreement. Ensure you are comfortable with the degree and scale of any such “big-brothering” exacted by the franchisor. Be aware, however, that franchisors pay hefty legal fees to draft their standard form Franchise Agreements and, as a consequence, typically do not want to change anything. Thus, it is best to select a handful of issues for negotiation instead of nit-picking on every second or third line; choose your battles. Conclusion There are a host of issues to be addressed when purchasing a franchised business however the new legislation passed has made it easier for prospective franchisors to make more informed decisions. The thing is the prospective franchisee has to take the step to become informed. 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 (www.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. Konstantine Chatzidimos is a Toronto business and franchise lawyer and associate in the law firm.
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SPOTLIGHT SECTION Premier Realty & Auctions Inc. Brokerage
0516_DJW_0096
401 TURNBERRY STREET, BRUSSELS 0516_DJW_0095
519-291-2299 Independently Owned and Operated
11257325_0516
peakpremier1@wightman.ca
Brian Barfoot
BROKER OF RECORD
519.444.8844
NEW LISTING
Be your own boss. Well established cafe and bakeshop with heritage status. Only laundromat in town. Upstairs stage and banquet room which could be converted to apartments. Good buy at $229,000. MLS 885635. Call Brian Barfoot 519-444-8844.
BE SEEN THEIN LIMELIGHT Highlight your hot, new and unique listing. Feature 2 properties and your agent photo in a full colour quarter page ad.
Reserve your space today! 1-800-268-0077 THE COMMERCIAL INVESTOR SPOTLIGHT
COMMERCIAL PROPERTIES • BUSINESS OPPORTUNITIES • FRANCHISE OPENINGS & MORE!
businessbarometer
ROUGH YEAR IN SMALL BUSINESS CONFIDENCE ENDS ON LOWEST NOTE
C
anada’s small business confidence dropped to 55.7 in December, its weakest month in its weakest year since the 2008-09 financial crisis.
“The year is ending with more of a thud than with a whimper as Alberta’s ongoing struggles continue to be felt throughout the country,” said Ted Mallett, Canadian Federation of Independent Business (CFIB) chief economist.“Industry confidence remains weak across most sectors and opinions on the general state of business’ health have moved towards the negative.” On a scale between 0 and 100, an index above 50 means owners expecting their business’ performance to be stronger in the next year outnumber those expecting weaker performance. One normally sees an index level of between 65 and 70 when the economy is growing at its potential. Optimism dropped a point to 65.9 in British Columbia. Alberta set an all-time record low for the second time in four months, plummeting to 33.1, and remains by far the weakest in the country and the only province below the national average. Saskatchewan rose to 56.3, while Manitoba fell two points to 66.4. 14G COM
THE COMMERCIAL INVESTOR SPOTLIGHT
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Ontario dropped to 59.9, just edging out Quebec, which saw a three point climb to 59.6. Newfoundland and Labrador’s business confidence bounced back from last month, climbing to 64.8. Nova Scotia picked up four points to reach 71.0, the highest mark in the country. New Brunswick’s confidence made a small jump to 61.8. Prince Edward Island fell two points to 61.1. The natural resources sector remains the weakest, followed by agriculture, manufacturing and construction. There are no offsetting signs of strength among other industries, with none scoring higher than a sluggish 61.0. Short-term employment plans are weak compared to Decembers in 2014 and 2013, with 15 per cent of business owners expecting to cut staff levels in the next few months versus 19 per cent who are expecting to add. December, 2015 findings are based on 759 responses, collected from a stratified random sample of CFIB members, to a controlled-access web survey. Data reflect responses received through December 14. Findings are considered accurate to +\- 3.6 per cent 19 times in 20. CFIB is Canada’s largest association of small- and medium-sized businesses with 109,000 members across every sector and region.
C OMMERCIAL PROPERTIES • BUSINESS OPPORTUNITIES • FRANCHISE OPENINGS & MORE!
2016-01-26 1:21 PM
4 BAY SELF SERVE CAR WASH. LOW MAINTENANCE BUILDING.
6 BAY, SELF SERVE CAR WASH. GREAT LOCATION AND MAINTENANCE FREE BUILDING. OTHER SITES AVAILABLE.
4515_DJW_0080
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ABATTOIR SITUATED ON 2 ACRES. CENTRALLY LOCATED JUST OUTSIDE OF INNERKIP. 4515_DJW_0082
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T: 1-877-272-2952 E: development@obsidiangroupinc.com W: www.obsidiangroupinc.com 15G COM
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businessbarometer
UPCOMING TRUDEAU-OBAMA MEETING URGED TO PURSUE RED-TAPE-FREE-TRADE
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ed tape has one-third of Canadian small businesses thinking twice about trading across the U.S. border, according to a new report by the Canadian Federation of Independent Business (CFIB) on day one of Red Tape Awareness Week. Based on 8600 responses from small business owners, the updated report from 2010 looks at the performance of both the Canada Border Services Agency (CBSA) and the U.S. Customs and Border Protection (CBP) Agency in facilitating cross-border trade. While both agencies have shown some improvement, one-third of business owners said they would not have started trading had they known about the costs. Thirty-six per cent pointed to administrative hassles and lack of transparency around fees as forcing them to reduce the frequency at which they currently trade.
“In a slowing economy, eliminating unfair and costly rules at the Canada-U.S. border is an inexpensive way of supporting small businesses, who employ more than half of all working Canadians and continue to create most of the new jobs in the country,” said Corinne Pohlmann, CFIB’s senior vice-president of national affairs.“With Prime Minister Trudeau and President Obama scheduled to meet this spring, we hope they will take steps to improve cross-border trade for all businesses by making red-tape-free-trade a priority.” Compared to the findings in 2010, CBSA staff showed some improvement in accessibility, knowledge and how they treat customers. But the agency showed little improvement in how it provides and communicates relevant information. In fact, small
business owners gave the CBSA website a worse rating for user friendliness than in 2010, likely stemming from the fact that a website developed by the agency for small businesses has been taken down. And, many are unaware of many programs put in place to help speed up traffic at the border (i.e. Fast, Canpass). “While we are pleased to see some progress, red tape is putting the benefits of free trade out of reach for many small businesses,” said Satinder Chera, CFIB vice-president.“Small firms need timely and easily accessible information, which the CBSA can provide by improving its Single-Window Initiative to include small businesses, not just pre-approved customs brokers. Making fees more transparent and proportional to smaller transactions would also help.” In comparison, CBSA fared somewhat better than its US counterpart, meaning that importing from the U.S. remains easier than exporting to the U.S. In particular, the CBP performed worse on the amount of paperwork and customer service than the CBSA, while it also registered higher dissatisfaction on website user friendliness than in 2010. Government red tape is a hidden tax that affects Canada’s small businesses much more than larger firms. The annual cost of all regulations on businesses in Canada is pegged at $37 billion per year, with one-third of that ($11 billion) considered unnecessary red tape. For more information or to arrange an interview with Corinne Pohlmann or Satinder Chera, please contact Ryan Mallough at 416-222-8130 or public.affairs@cfib.ca CFIB is Canada’s largest association of small- and medium-sized businesses with 109,000 members across every sector and region.
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2016-01-26 1:21 PM
11294981_0516
CAMPGROUNDS FOR SALE
• 57 SITES + 40 SLIP MARINA, MITCHELL’S BAY • 169 SITES + HOME ON 11 ACRES, LAKE HURON • 110 SITES + 2 HOMES ON 8.5 ACRES, WOODSTOCK Orio Fishleigh
Dave Bratt
Sales Representative
Sales Representative
dave.bratt@century21.ca
orio.fishleigh@century21.ca
519.709.6746
519.532.5375
Woodstock: 871 Dundas St. | 519.539.5646 Tillsonburg: 86 Broadways St. | 519.688.0021
start your search here.
Whether you’re renting or buying, finding your next home has never been so easy.
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COMMERCIAL, REAL ESTATE & BUSINESS OPPORTUNITIES 10228647_0516
Bill Bradley
Sales Representative
Independently Owned & Operated
Unit 2, 1240 Speers Rd., Oakville ON 416.258.6866
416.258.6866 exitwithbill@gmail.com
GORGEOUS RETIREMENT HOME WITH A 10% CAP RETURN
A long term management staff operating the home for the owner, with excellent results. 40 plus suites, with a room for more to be arranged. Call Bill Bradley.
$3,200,000
Available Retirement Home to be enlarged to 67 suites or 77 suites. On large approx 2 acre lot in West Ontario. Located in a very quiet area. At present show a CAP of 7.6% which could be after enlarged to 15% Cap approx.
SALE PRICE $4,500,000 Call Bill Bradley for
Strip Plazas
$1,000,000 to $15,000,000.
Buyers Only
Call Bill Bradley for Retirement Homes and properties that could be changed into Ret. Homes
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NO
Commercial Team In Canada! *
**
+ **
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COMING SOON TO MARKHAM!
0516_DJW_0084
0516_DJW_0060
KENNEDY RD RETAIL SPACE
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Prime ground level retail space in busy Kennedy/ Denison plaza just north of Steeles. Featuring 1,775 sf, rectangular shaped floor space, one bathroom with Kennedy Rd exposure, lots of parking! $16.15/Sq. ft. Net. Call Matt: 647-500-7708
E
0516_DJW_0061
KENNEY RD OFFICE SPACE
0516_DJW_1_0091
EXCELLENT MARKHAM INVESTMENT
0516_DJW_1_0067SOLD CONDITIONRESTAURANT ALLY
KENNEDY/EGLINTON AL ON ITI D N CO LD
SO
1 acre + of PRIME Markham land! Bullock/ Markham Rd. Potential development site!! Ravine property! Industrial area! $638,800.
Be your own boss! Easy to operate established business. Densely populated, high traffic area! Low rent with no francise fees & no restrictions! $168,800. Call Peter: 416-606-7882.
PLAZAS PLAZAS PLAZAS PRINCIPALS ONLY
Prime office space in busy Kennedy/Denison plaza just north of Steeles. Featuring 722 sf, large windows and tons of natural light, 3 large offices, 1 bathroom, great signage, excess plaza parking! $24.85/Gross Lease. Call Matt: 647-500-7708
ATTENTION INVESTORS! 21%+ ANNUAL RETURNS!
• $18 Million – Major Bank and National Tenants!
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• Projected Returns Exceed 21% per Year
• Call George Politis 416-554-7653 or a member of the Politis Brienza Team for information on Plazas!
• RRSP, TFSA, LIRA++ Eligible
• Partner with Top-Tier GTA Developers • Get Developer Returns! • Call George Politis 416-554-7653
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Brand new townhouses in Markham's historical community of Armadale. Featuring 2 and 3 bedroom, 2 bath units, with 1-2 car-garages and approximately 2,000 sq. ft. The site is the last parcel of developable land within an existing fully established neighbourhood. The property is located near, and provides convenient access to, major highways, shops, transit, parks and some of Ontario's premier golf courses. Contact George Politis for details and registration: 416-554-7653/GPolitis@ThePBTeam.com
www.PBcommercialteam.com | Gpolitis@ThePBTeam.com 5071 Highway 7 E., Markham ON L3R 1N3
*Based on Re/Max International Commercial Commissions in 2014 1St Q.
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