July 21 - August 17, 2012 Volume 12 Issue 8
INCORPORATING FRANCHISE AND BUSINESS OPPORTUNITIES Full Coverage Area Including Windsor, Hamilton, Toronto, Niagara Falls, Kingston and Ottawa! e
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$1 1712_DJW_2_0024
2912_DJW_8012
simcoe apartment building - $1,750,000 23-suite, very well maintained, red brick, 3-storey, walk-up apartment building with steel Mansard roof, situated in nice location. All apartments are in excellent condition throughout, featuring 11 1-bedroom and 12 2-bedroom suites. Controlled entry, balconies, ample tenant and visitor parking. Tenants pay own hydro - separate meters. Solar panels recently installed add $10,000 income per year for 20 years. Asking $1,750,000. Exclusive listing. For Marketing Brochure call: Winston davies, broker of record Wincorp realty inc., brokerage 45 Keats crescent, guelph, ontario n1g 3b1 tel: 519.836.2080 Fax: 519.836.2081 email: wjmdavies@rogers.com
2912_DJW_1_0057
2912_DJW_0070
Kitchener - $1,395,000 6,000 sq. ft. restaurant situated on .87 of an acre lot zoned C-6. Ideally located on main artery close to downtown Kitchener. Seating for 400 patrons plus 85 seat patio. Features ample parking, fully operational kitchen and great exposure. ryan briggs, sales representative 519.578.0337 x19 email: ryan@cmarealty.ca duncan mclean, sales representative 519.578.0337 x22 email: duncan@cmarealty.ca cma realty ltd., brokerage
investment opportunity in Kincardine 24 unit apartment building - $1,100,000 Turnkey operation with on-site management. Just manage the manager. $98,743.56 net operating income for 2011. Fully furnished. Former nursing home. Approved zoning in place for 24 units. Asking price: $1,100,000. Also 2 additional duplexes can be purchased for a complete investor package. Call listing agent for complete details. peter stasiuk, sales representative coldwell banker commercial integrity real estate inc. , brokerage office: 905.338.8877 x226 direct: 905.617.4440 email: pstasiuk@cbci.ca
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FC_2912 (COM)
1
apartment building For sale - 149 units $12,900,000 Solid cash flow opportunity in Hamilton. Cap rate 7.32%, NOI $944,076. 14 stories featuring 1 x 4-bedroom, 26 x 3-bedroom, 105 x 2-bedroom, 1 x 2 (junior) -bedroom, 15 x 1 (junior) -bedroom, 1 x bachelor. All apartments are newly renovated with new kitchens, new carpets, new ceramics. All common areas and mechanical systems were upgraded. Building in immaculate condition. Ample parking including a large underground parking lot, controlled entry, balconies. **18 grandfathered units. guy scheiner, sales representative sutton group-admiral realty inc., brokerage tel: 416.739.7200 Fax: 416.739.9367 email: guyscheiner@yahoo.com
COM
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11261613_2912
11258282_2912
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COMMERCIAL O P P O R T U N I T I E S 11261650_2912
2912_DJW_0048
2912_DJW_0047
H OM E L IF E C O M M E R C IA L
78 ACRES PRIME DEVELOPMENT PARCEL IN NIAGARA
$27 MIllion Zoned and Secondary Plan approved for commercial/retail/office/residential mix use. Nestled in the heart of wine country with over 900 meters of shoreline. Enjoy breathtaking views of the Burlington, Oakville and Toronto Skyline. Feasibility studies and environmental reports available. Current tenancies include Tim Horton’s and Subway. Premium highway exposure with immediate access to the Queen Elizabeth Way. Offered at $27 million. MLS. Nicholas Kazan, Broker Nicolas von Bredow, Broker 905.945.5999 PARKING LOT W/ COMMERCIAL BUILDING FOR SALE
$579,900
4G
$10/sq. ft.
High volume parking lot with 2000 sq. ft. building across from Hospital in St. Catharines. Owner retiring and priced to sell! Offered at $579,900. MLS.
2912_DJW_0049
10,000 square feet of premium warehouse space currently used as showroom and office. QEW exposure, 600 volts 3 phase power, air conditioned, 26 foot deck. Zoned Prestige Industrial. Offered at $10/sq. ft. plus TMI/CAM. MLS. Nicholas Kazan, Broker Nicholas Kazan, Broker Nicolas von Bredow, Broker Nicolas von Bredow, Broker 905.945.5999 2912_DJW_0050 905.945.5999
410 HAZEL ST. WATERLOO
$2,350,000 Great Investment Opportunity! 29 students with 4 5-bedroom units and 1 4-bedroom unit. Fully rented close to Universities with a majority 3 year leases. Listed for $2,350,000. Must be sold together with 413 Hazel St. Waterloo. Exclusive Listing Agents: Darlene Plangger, Sales Representative Rob Piombini, Broker of Record 2912_DJW_0052 519.885.8810
413 HAZEL ST. WATERLOO
$3,850,000 Great Investment Opportunity! Potential for Redevelopment MR25! 47 Students with a 1 bedroom, a 2 bedroom, 7 3-bedrooms, 1 4-bedroom, and 2 6-bedroom unit(s). Fully rented close to Universities with a majority 3 year leases. Listed for $3,850,000. Must be sold together with 410 Hazel St. Waterloo. Exclusive Listing Agents: Darlene Plangger, Sales Representative Rob Piombini, Broker of Record 2912_DJW_0053 519.885.8810
HomeLife Power Realty Inc., Brokerage Independently Owned & Operated
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WAREHOUSE/SHOWROOM AVAILABLE FOR LEASE
COMMERCIAL BUILDING
$119,900 With upper apartment in downtown Smithville for sale, many updates include hydro, A/C, roof and tenant improvements. Priced to sell at $119,900. MLS.
2912_DJW_0051
Nicholas Kazan, Broker Nicolas von Bredow, Broker 905.945.5999
585 QUEEN ST. SOUTH, KITCHENER
$25/sq. ft. 850 sq ft on 3rd floor unit 302. Great location for Medical or Professional Services Office close to St. Mary’s Hospital. Free on-site parking. Elevators. Gross rent includes utilities. Offered at $25 per sq ft gross rent. There are no additional costs to the tenant. MLS. Agents: Rob Piombini, Broker of Record Janice Fleming, Broker 2912_DJW_0054 519.885.8810
905.945.5999 Waterloo office 519.885.8810 Niagara office
www.homelifepower.com
8172756_2912
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11257575_2912
Contact us by phone:
519-669-1544
*Sales Representative **Broker
By Fax:
519-669-5119 or by email Len & Mildred:
*Len & Mildred Frey**
Realty ltd.,BRokeRage
mildred@thefreyteam.com
the Frey teaM
Independently Owned & Operated
w w w. t h e f r e y t e a m . c o m MANITOU DR. - KITCHENER
Unit # 4 - $9.50 per sq. ft. 600 sq. ft. Location is in a busy mall within residential area. Elmira’s Birdland Plaza. MLS 1144449. Unit # 5 - $5.00 per sq. ft. 2400 sq. ft. This unit is a basement unit and would be great for large office or fitness, centre has 8’ ceilings. MLS 1144448. Unit # 3 - 2300 sq. ft. @ $9.50 sq. ft. and 4.50 for common area plus utilties. This is a main floor unit, available July 1st, 2012. MLS 1212128. Call Mildred Frey-Broker. Mildred Frey (Millie)
3G-25 Manitou $7.95/sq. ft. 1140 sq. ft. Office space. With one washroom. Refurbished ready to move in. MLS 1044395. 1D-29 Manitou $7.50 per sq. ft. Total of 2,983 sq. ft. with 1200 warehouse and 1,788 office. MLS 1217497. 2E - 27 Manitou $6.50 per sq. ft. Total of 885 sq. ft. of warehouse available immediately. This space is office space. Available immediately. MLS. 2J-27 Manitou Dr. 1008 sq. ft. Warehouse or workshop @ 6.50. Available immediately. MLS 1217542. Call Mildred Frey to view or for more information.
2912_DJW_0012
2912_DJW_1_2091
KITCHENER-WATERLOO
2912_DJW_1_0013
BIRDLAND PLAZA - ELMIRA
$50,000
INCLUDES CLIENT LIST Well known Franchise and all the equipment. The business has been operating for 10 years in this same small town close to Kitchener/ Waterloo area. Lease to be transfered. MLS. Call Mildred Frey for more information.
2912_DJW_1_0016
SUCCESSFUL RESTAURANT IN SMALL TOWN HALF HOUR FROM WATERLOO
$259,900
Centrally located in Core of Downtown area. Storefront building with a residence in upper floor. Great for someone not afraid of work. Opportunity for young entrepreneur wanting to creat his own hours. Licenced for 120 people. Complete liquor licence. Equipment list available. Large formal dining room for personal family parties or group parties and brunch bar. Will hold upwards of 80 people. MLS. Call Mildred Frey - Broker to view. 2912_DJW_1_0017
1160 UPPER PARADISE RD., HAMILTON
2912_DJW_1_0018
8 MAIN ST. E., HAMILTON
Downtown excellent office building. Completely renovated. Air conditioned, heat, hydro, maintenance, janitorial, taxes all included. Steps from the courthouse and McMaster downtown campus. 168 sq ft - $250 mthly. 712 sq ft - $900 mthly. 828 sq. ft - $920 mthly. 1285 sq ft - $1,500 mthly. 2912_DJW_2_0009
325-327 BARTON ST. E., STONEY CREEK
2912_DJW_2_0020
905-777-0252 ext 304 E-mail:
info@desantis.com
www.desantis.com 6G
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Office/warehouse space available with overhead door. Close to highway and in very visible location. Ideal for light industrial/distribution. 2033 sq. ft. from $1,567.10/month + HST. 2912_DOREENW_1_0002
8148088_2912
Currently set up as a hair salon/spa 1738 sq. ft. In highly visible and growing neighbourhood. Close to schools, bus routes and shopping. Rent from $20.00/sq. ft. net.
11102630_2912
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Are you unsatisfied with your Real Estate Purchase? Do you have a dispute with a Vendor, Purchaser, Agent or Lawyer?
Consult Us Now The Experience and unparalleled Service to recover your loss. 11253627_2912
Ray Thapar Commercial Litigation Lawyer
416.304.0595 rthapar@tgf.ca www.tgf.ca
Suite 3200, 100 Wellington Street West, P.O. Box 329, Toronto-Domonion Centre, Toronto, Ontario M5K 1K7 8G
COM
$1,395,000 690 WOOLWICH STREET, GUELPH $1.495M NT RA
CT
105 ALLEN STREET EAST WATERLOO $495,000 KITCHENER
Uptown Duplex - One side vacant for new owner Current low mortgage rates could produce a 15% return leveraged with 100% occupancy Seller will sign a lease or vacate 2912_DJW_1_0049
UN
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SOLD 6000 sq/ft restaurant situated on .87 of an acre lot zoned C-6. Ideally located on main artery close to downtown Kitchener. Seating for 400 patrons plus 85 seat patio. Features ample parking, fully operational kitchen and great exposure.
2912_DJW_1_0057
9 KING ST/8 ERB ST., WATERLOO $24.00/SF KITCHENER
High profile retail location Front facades to be redone/modernized 23,000 cars per day at this intersection 1600-3600 SF available + basement w/washroom Excellent Signage on both King & Erb Streets. Excellent location & visibility
Lease $16.50/sf (net) Price: $1.495M Free standing restaurant. 2.1 acres 100 parking stalls 2912_DJW_1_0672
$374,900 505 PARK ROAD BRANTFORD $4.5M
The Corner Pub local bar and grill for sale featuring a recently renovated 50 seats plus 25 seat patio. Located on a high traffic intersection close to downtown Kitchener. Building is currently leased for 3 years on a net basis.
2912_DJW_1_0050
Class 'A' Professional Office and Retail units Main Floor: $11.95/SF 1,260-5,320 SF 2ND Floor: $9.95/SF 746-4,200SF Parking: Ample, Onsite Backs on to Wayne Gretzky Parkway
2912_DJW_2_0057
2912_DJW_2_0038
73 KING ST. W., KITCHENER $11.95/SF 450 FREDERICK STREET, KITCHENER $9.95/SF 385 FREDERICK STREET RE
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Frederick Mall, various retail opportunities
KITCHENER, ON Commercial land for sale. 4.85 acres. Price: $4.85M. Zoned C6. Located at Hwy 401 & Homer Watson, by Conestoga College. High profile street front on King/Ontario Streets Join Country Style donuts and office tenants On public transportation line 2,141 SF on Main level On site storage in basement
Last unit remaining 3rd floor suite w/private offices 2,425 square feet Elevator, onsite parking, close to expressway.
2912_DJW_1_0051
ROCKWOOD, ON Close to Guelph, Tim Hortons. Ideal for restaurant & services uses. Now pre-leasing.
2912_DJW_2_0039
8471421_2912
DUNCAN McLEAN
RYAN BRIGGS
SALES REPRESENTATIVE
SALES REPRESENTATIVE
OFFICE
519.578.0337 x22
OFFICE
519.578.0337 x19
CELL
519.590.7997
CELL
519.498.5775
FAX
519.578.0025
FAX
519.578.0025
Duncan@cmarealty.ca
KITCHENER ONTARIO
Ryan@cmarealty.ca 9G
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Mortgage Alternatives FSCO License # 12083
BANK SAID
NO
Julia Stanford Mortgage Broker M08003989
Cell 289.697.5000 Julia@The MortgageOffice.ca Robert Stanford Mortgage Agent M08009025
Cell 289.697.7000 Rob@The MortgageOffice.ca
We specialize in hard to place Mortgages
COMMERCIAL & RESIDENTIAL STORE FRONTS PLAZA OFFICE BUILDING GAS STATION CONSTRUCTION
Office:
905.357.1222
OUR
Suite 202, 6150 Valley Way, Niagara Falls, L2E 1Y3
FUNDING
Serving Major Ontario Cities
SOURCES
11261478_2912
MIXED USE CAR LOT TOURIST STORAGE LAND
RESTAURANT APARTMENTS RETIREMENT COM CONDO OTHER
Private Lenders MIC’s Banks Trust Companies Credit Unions Insurance Companies Speciality Institutions Mezzanine
businessbarometer
Small business confidence continues to fall in June
C
about customer demand have gradually trended downward onfidence among Canada’s small- and in 2012,” added Mallett.“Meanwhile, concerns over shortages medium-size businesses continued to fall in of working capital have increased slightly through the year, June, according to the Canadian Federation and about one business in four appears to have significant difficulties in finding necessary credit.” of Independent Business (CFIB). The Business Barometer index dropped from 64.8 in May to 62.1, Declining confidence is prompting business owners to become more conservative in their hiring plans: 15 per cent of business essentially wiping out the gains made since last owners expect to increase full-time staffing levels in the next summer when major concerns about Europe’s debt three to four months (compared to 21 per cent who said the same in May), while 12 per cent said they will cut back (versus 10 per situation had burst open.
“The weight of concern over the prospects for world economies continues to push business confidence down in Canada,” said Ted Mallett, CFIB’s chief economist and vice-president.“If there is any good news, it is that our numbers suggest the economy is still growing, albeit at a slow pace.” Business owners in Alberta (73.3) and Saskatchewan (72.5) have collectively been the most optimistic in Canada for 11 consecutive months, while entrepreneurs in Manitoba (65.9), New Brunswick (65.7) and British Columbia (65.6) are comfortably above the national average, and those in Newfoundland and Labrador (61.3) are close to average. Optimism is lagging in Ontario (60.7), Quebec (59.7), Prince Edward Island (59.5) and Nova Scotia (56.4). “Insufficient customer demand was the most commonly cited constraint on business performance, although concerns
10G COM
cent in May). Overall, 40 per cent of business owners described their state of business to be in“good”shape, about three-times the 12 per cent who said their state of business is“bad.”
Measured on a scale of 0 and 100, an index level above 50 means owners expecting their businesses’ performance to be stronger in the next year outnumber those expecting weaker performance. According to past results, index levels normally range between 65 and 70 when the economy is growing at its potential. The June 2012 findings are based on 748 responses, collected from a stratified random sample of CFIB members, to a controlled-access web survey. Findings are statistically accurate to +/- 3.6 per cent 19 times in 20. As Canada’s largest association of small- and medium-sized businesses, CFIB is Powered by Entrepreneurs. Established in 1971, CFIB takes direction from more than 109,000 members in every sector nationwide, giving independent business a strong and influential voice at all levels of government and helping to grow the economy.
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8155064_2912
8302229_2912 11259516_2512
FOR LEASE - DOCTORS OFFICE
NOW LEASING - This Plaza currently has only one vacant unit starting at $550 plus utilities and it wont last long!! Join the busy list of existing tenants - Call 519-777-0761. Restaurant in Plaza over 30 years now FOR SALE - only $97,000 or best offer!! (London, Ontario). Busy Main St location, fully equipped, fully licensed, seats 84 on the main floor plus room to seat 40 more in Lower Bar/Pub currently used mostly as Banquet Room for large groups, sports teams, office lunch meetings, etc. Lots of potential. Across from TD Bank, Canada Post, LCBO. Qualified buyers only please. Call to make a private appt. Do not go direct. Current owner pursuing somet hing different after 30+ profitable years in the Restaurant Business. Must sell in 2012, make an offer. Call for more details. Price includes all trade fixtures. Lease is only $3600/month.
12G COM
2512_DJW_8008
SOLD - MAIN ST. PLAZA $1,124,000 Net income approx. $90,000 long term tenants and a waitng list at times for new tenants. The Main Street address is one of the best in the city and this area of London keeps growing and going up in value with thousands of new homes being built nearby. Location, Location, Location! Each unit is separately metered for heat and hydro. Zoning permits many uses. 2512_DJW_0009
Well known Doctor’s office on main floor for many years. Currently vacant, now leasing a rare opportunity with new landlord ready for offers. Other uses permitted, upper level also with separate entrances. Lots of potential waiting here for one or multiple tenants. The nearest major intersection to the City of London’s new $11 million dollar roundabout. Increased traffic flow. Minutes from Hwy 401. Huge parking lot adjacent to Crabby Joes, Gamma-Dynacare Medical Laboratories parking lots plus acres of future residential development land in the core of the city nearby. Starting at $795 montlhly inclusive! Lease incentives, build to suit options available for qualified tenants. Call 519-777-0761. 2512_DJW_0007
FOR LEASE NEWLY RENOVATED DOWNTOWN PLAZA
Perfect for almost any business. Great exposure, high traffic area (approx. 20,000 cars per day) with 122 ft frontage on the corner of busy Hamilton Road, next to Aberdeen Public School with 4 way stop lights, city bus stop and another 133 ft. frontage on William St. (total property size approx. .37 acres). New stucco and glass store front. Currently divided into 3 sections, each are different sizes with separate entrances for a total of up to 5250 sq. ft. Can be divided into a section specifically to suit your business or leased entirely to one tenant. Parking for up to 30 cars, 1 loading bay door, 2 large garages. Zoning permits many uses.
Volume 12 Issue 08
1
Commercial Real Estate & Business Opportunities
Featuring the best selection in industrial, commercial and investment opportunities REAd By OvER 100,000 BuSiNESS REAdERS!
index Kitchener, Waterloo & Guelph . . . . . . . 4 Southwestern Ontario . . . . . . . . . . . . 14 Hamilton . . . . . . . . . . . . . . . . . . . . . 23 Greater Toronto Area . . . . . . . . . . . . . 37 Central Ontario . . . . . . . . . . . . . . . . . 56 Eastern Ontario. . . . . . . . . . . . . . . . . 60 Niagara . . . . . . . . . . . . . . . . . . . . . . 63 Business Opportunities . . . . . . . . . . . 70
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Volume 12 Issue 08
Commercial Real Estate & Business Opportunities
special features
7
7 BUSINESS SAVVY — Protect yourself while buying U.S. vacation & investment properties 18 IN THE NEWS — From doing ‘good’ to doing ‘right’: A way forward for overseeing business conduct 22 MONEY SENSE — Avoid emotional investing 32 BUSINESS SAVVY — Canadian business leaders see social media as competitive necessity 44 IN THE NEWS — Canadian businesses missing important steps to protect personal information stored digitally, poll finds
18
58 IN THE NEWS — Canadians put the brakes on spending - consumer credit growing at slowest pace since the early 1990’s: CIBC 62 BUSINESS SAVVY — Passing the torch: What’s in your business succession plan?
Glossy Section Editorial
44
10G BUSINESS BAROMETER — Small business confidence continues to fall in June 18G LEGALLY SPEAKING — Why create a holding company? By Jason Schwarz 20G IN THE NEWS — Tips to help your business navigate online marketing
ch: r o t the
62
ing in s s a P What’s ess usin plan? b r u o y ion s s e c suc
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Commercial Real Estate & Business Opportunities
Volume 12 Issue 08
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
Kitchener, Waterloo & Guelph section COverIng: Cambridge • Durham • Elora • Fergus • Guelph • Kitchener • Waterloo For advertising information contact Doreen Wills Tel: 1-800-268-0077 • 905-570-9283 doreen.wills@wall2wallmedia.com • thecommercialinvestor@wall2wallmedia.com notes: ______________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ Please say you saw it in The Commercial Investor
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Commercial Real Estate & Business Opportunities
Grand Valley Realty, Brokerage
519-745-7000
Unit 15C, 370 Highland Road West, Kitchener, ON N2M 5J9
Mike Milovick B.B.A., Sales Representative
Mike@TeamMilovick.com
fax: 519-489-1333
8302191_2912
Prudential
www.TeamMilovick.com
Invest in Ontario’s Number 1 Town Today!
Subscribe: Latest KWC Real Estate News: www.FaceBook.com/TeamMilovick Outstanding opportunity steps to WLU! Smart buyer will note long term potential for property with recent zoning change! Develop site for a multi-residential development with adjacent lots on Albert Street as well as abutting lot on Sunview. With lot assembly, minimum lot size and frontage for development is met with new Northdale Zoning. Lots of Option $$$$! Tremendous upswing. Submit your plan to City for maximum density! Don’t wait! New Northdale zoning info here: www.waterloo.ca/Northdale MLS®.
560,000
$
$
715,000
518,000
$
$
715,000
2912_DJW_0457 2912_DJW_0458 2912_DJW_0459 2912_DJW_0460
$43,000 GROSS ANNUAL INCOME ONE BLOCK FROM WLU! Excellent opportunity to own a turnkey money-maker on a student recognizable street, just a block from WLU! Fully rented with leases in place until at least May,2013! Newly rental licensed! Licensed for five in one unit with a second unit that houses 3 more students! Newer central air unit and hi-efficiency furnace keep costs down. Three bathrooms! Currently rented inclusive of utilities but separate hydrometers are available. Investor Work Sheet and Virtual Tour Available at www.TeamMilovick.com MLS®.
529,900
$
2912_DJW_3_0413
GREAT DEVELOPMENT OPPORTUNITY IN WATERLOO!
499,900
$
MR-6 zoning on large lot - Preliminary plans, lot size, lot density and zoning all indicate the possibility of a 16 unit, mult-residential build being accomodated here! Few infill sites like this left! Ideal project size for investor looking to try their hand at building! MLS®. 2912_DJW_1_0469
GREAT OPPORTUNITY AWAITS SMART BUYER!
Ideal “value” acquisition for investor looking to grow existing portfolio or new entrant seeking a turn key student operation. This large 1315 square foot bungalow features oversized bedrooms and is within walking distance to WLU and quick bus ride to UW. MLS®. 2912_DJW_2_0400
367,400
$
LICENSED FOR 5 WITH BIG INCOME!
359,900
$
Fully licensed and always rented. This end unit condo shows very, very well and generates large income. Five minute walk to UW. Large unit, two parking spots! Newer furnace/A/C 2002, washer/dryer. Hands off turnkey investment. An investor’s dream! Prepare to be impressed! MLS®. 2912_DJW_2_0415
TREMENDOUS LIVE-WORK OPP BETWEEN DOWNTOWN KITCHENER AND ST. MARY’S HOSPITAL!
486,000
$
MODERN PROFESSIONAL/ RETAIL SPACE AT AN AFFORDABLE PRICE!
UPTOWN TRENDY LOFT!
Perfect for parents looking for a safe, stylish home away 409 square feet of newer, fresh space from home for their University available in modern building! Lots $ bound kid. Two floor unit has of natural light! Uptown Waterloo/ security cameras at the entrance, loads of living space on the $ Bridgeport Road exposure! This signature main floor with an open concept kitchen, dining, living room building conveys a prestigious image for your business. Ideal starter on the main floor featuring newer laminate and tile and large space for user that needs location expsoure. A space to be proud of bedrooms and a 3 pc washroom upstairs. MLS®. 2912_DJW_1_0468 at a reasonable price! CAM - $250 per month. MLS®. 2912_DJW_3_0416
224,900
Spacious two bedroom apartment featuring high ceilings, hardwood, original wood trim, two balconies and luxe bath and kitchen! Main floor commercial space featuring two offices, waiting room, bath, kitchen and 2912_DJW_1_0431 handicap access. MLS®.
500 PER MONTH
ASED
LE
REASONABLY PRICED SPACE IN FLEXIBLE B2 ZONING
Units of 3049 SF and 2250 SF of low cost space available in flexible B2 zoning in Huron Business Park! Ideal for cost conscious user. Low rent and low CAM! Centrally located with quick access to Expressway and 401. High 17 ft ceilings. Floor plan and list of permitted uses available! MLS. On website www.TeamMilovick.com MLS®. 2912_DJW_1_0204
5.00 SF + CAM OF $3.43 SF
$
Please say you saw it in The Commercial Investor
Kitchener/Waterloo Guelph & Cambridge
Volume 12 Issue 08
6
Volume 12 Issue 08
Commercial Real Estate & Business Opportunities
Kitchener/Waterloo Guelph & Cambridge
Whitney & Company Realty Ltd., Brokerage
INVESTMENT OPPORTUNITIES 150 KING ST. S., WATERLOO
54 SMALLWOOD DR, WATERLOO
• Redevelopment Opportunity • 6 stories - 14 residential & 2 commercial units • Concept plan available • $1,595,000
MLS 2912_DJW_0413
305 KING ST. W., KITCHENER
• 1,000 to 30,000 sq. ft. office • Recently renovated • Underground/surface/offi-site parking • From $7.95/sq ft net
• 3 storey purpose-built student resident • 14 bedrooms, 6 onsite parking spaces • $975,000
42 BRIDGEPORT RD E, WATERLOO
MLS 2912_DJW_0414
• Retail/office condo opportunity. Finish to your • specifications in Uptown Waterloo. • Unit 2 for lease at $18.00 per sq. ft. net MLS • Unit 5 for sale at $329,000 2912_DJW_0415
105 OAK PARK DRIVE, WATERLOO
MLS 2912_DJW_0416
74 QUEEN ST. N., KITCHENER
• 1,464 to 2,982 sq. ft. office • New building - Occupancy March 2013 • Patio space avail with end units • $22.50/sq ft net
4396 KING ST. E., KITCHENER
MLS 2912_DJW_0417
• 1,968 sq. ft. retail/office available immediately. • Plaza is located on high traffic corner • Join Tim Horton’s, 2001. Audio, Subway, etc MLS • Asking $16.95 per sq. ft. net 2912_DJW_0418
18 SNYDER’S RD. W., BADEN
1606 BATTLER ROAD, KITCHENER New Commercial Development
• 1,500 sq. ft. office in downtown Kitchener • 4 vehicle parking...a rare opportunity • Ideal for high tech, studio, prof. services • Only $2,000 per month including utilities.
MLS 2912_DJW_0419
569 LANCASTER ST. W., KITCHENER
• 1500 or 1715 sq. ft. retail/office • Convenient location close to Expressway • Ample onsite parking • Asking $9.95 per sq. ft. net
• Corner of Battler Rd & Huron Rd, Kitchener • 2 pad sites with drive-thru (3,000 & 4,000 sq. ft.) • Retail/office from 1,500 sq. ft. • Anchored by national variety store/gas station • Close to residential, employment areas, schools • Zoning permits restaurant, health clinic, office, personal services, financial, educational, etc. • Lease rates starting at $22.00 psf for inline units and $25.00 psf for pad sites
• 1,400 to 2,800 sq. ft. retail/office in busy plaza • Great location in centre of Baden • Ample on-site surface parking. MLS • Asking $12.00 per sq. ft. net 2912_DJW_0420 •
MLS
LAND fOR SALE KOSSUTH ROAD, CAMBRIDGE • 25.5 acres land – future development potential • Close to Waterloo Wellington Airport • 488’ of frontage • New Price $599,900 MLS
501-545 MORRISON RD, KITCHENER • Premium res lots serviced, ready for building • Surrounded by natural forest on Grand River • Frontages from 66 to 246 ft • From $433,000 to $625,000 MLS
100 BERGEY CRT, NEW HAMBURG • Rare 1.843 acre development site ready to go • Great Hwy. 7/8 exposure • Services are at lot line • Asking $359,000 MLS
27 RIVERVIEW PLACE, KITCHENER • 3.63 acres in Grand River Business Park • B1 zoning allows a range of uses • Central to KW, Cambridge & Guelph • Asking $185,000 per acre MLS
2912_DJW_1_0423
8157182_2912
John Markou, Sales Representative john.markou@whitneyre.com Ext 242
Christopher Coupal, Broker, CCIM christopher.coupal@whitneyre.com Ext 238
James Craig, Sales Representative james.craig@whitneyre.com Ext 259
Carolyn Coakley, Sales Representative carolyn.coakley@whitneyre.com
519-746-6300
Ext 245
Although the information contained within is from sources believed to be reliable no warranty or representation is made to its accuracy being subject to errors, omissions, conditions, prior lease, withdrawal or other changes without notice and same should not be relied upon without independent verification. Whitney & Company Realty Ltd., Brokerage.
Please say you saw it in The Commercial Investor
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Commercial Real Estate & Business Opportunities
Whitney & Company Realty Ltd., Brokerage
1595 - 1601 ViCtoRiA St. N. KitChENER • Rates from $7.00 to $11.50/sq ft • Sizes from 900 sq ft to 2,375 sq ft • CAM $6.84 to $7.34/sq ft • Utilities are included in CAM • Four parking spaces per unit • Zoning permits industrial & office uses • Great access to Hwys 7, 8 & 85 • Most units have drive-in door 10866683_2912
2912_DJW_0421 2912_DJW_0422 2912_DJW_0423 2912_DJW_0424
James Craig, Sales Representative james.craig@whitneyre.com Ext 259
Carolyn Coakley, Sales Representative carolyn.coakley@whitneyre.com
Ext 245
519-746-6300
Although the information contained within is from sources believed to be reliable, no warranty or representation is made to its accuracy being subject to errors, omissions, conditions, prior lease, withdrawal or other changes without notice and same should not be relied upon without independent verification. Whitney & Company Realty Ltd., Brokerage.
businesssavvy
Protect yourself while buying U.S. vacation & investment properties
A
strong Canadian dollar and depressed real estate in the United States have led to a buying binge by Canadians south of the border. With home prices in Arizona, Florida, Nevada, and California as much as 55 per cent below their peak in 2007, Canada is outpacing all other countries world-wide with 23 per cent of international sales. However, many purchasers only have a vague idea of the potential pitfalls and some of the procedures that they need to be aware of before arranging financing on that dream vacation or retirement house. Navigating the American real estate market can be tricky from a financing standpoint and there are very different tax regulations in the U.S. that could significantly affect you on your purchase decision. Diane Olson, a Realtor who specializes in finding homes for Canadian clients, remarked that it is crucial to get expert advice in many areas before making any decisions.“For instance, many of my clients arrange financing in Canada to avoid fluctuations in the dollar,” she said,“and because it’s a marketplace they’re most familiar with.”
Olson said the condominium market can also be tricky to navigate, particularly in markets that have suffered from overbuilding and rampant speculation. “You may be looking at a bargain price for a condo,” she said,“but make sure you conduct your due diligence on things like condo fees and association financials.” Director of Sales and Business Development for RBC Bank, Alain Forget emphasized,“If you are thinking of purchasing any property south of the border doing your homework and getting good advice is critical. Talk to your banker before you go south to confidently know your financing options.”
Royal Bank of Canada (RY on TSX and NYSE) and its subsidiaries operate under the master brand name RBC, and is one of Canada’s largest banks, and among the largest banks in the world, based on market capitalization. As one of North America’s leading diversified financial services companies, they provide personal and commercial banking, wealth management services, insurance, corporateand investment banking and transaction processing services on a global basis. For more information, please visit rbc.com.
Please say you saw it in The Commercial Investor
Kitchener/Waterloo Guelph & Cambridge
Volume 12 Issue 08
8
Volume 12 Issue 08
Commercial Real Estate & Business Opportunities
Kitchener/Waterloo Guelph & Cambridge
The Cliff Rego Diamond Award Winning Team: • One of the top 12 RE/MAX teams in Canada* • #1 for ”most transactions” in Ontario* • Top 1% in the world for RE/MAX • 2011 sales over $65,000,000 *RE/MAX international statistics 2009, 2010, 2011 **For markets with population of 50,000 to 150,000 ***Specific conditions apply. Visit www.cliffregoteam.com for details
Cliff Rego
Rick Wyatt
Real Estate Centre Inc. Brokerage
Broker
Sales Representative
519.623.6200
Each office independently Owned and Operated
519. 740. 7222 679 CORONATION BL.
50 HOPETON
11253437_2912
154 AINSLIE ST.
2912_DJW_1_0028
2912_DJW_1_0044
2912_DJW_1_0029
$19 all inclusive. Ideal location! High traffic exposure, in popular Cambridge area, right across from the hospital. Offering a versatile layout and a great professional opportunity. Finished office space available and fully air-conditioned. Great for your business venture! MLS 1291312.
$11.90/sq.ft + util+HST. Super traffic exposure. Loads of parking. 2 bright store front windows. Energy efficient lighting. 3 lighted sign boxes. Updated washrooms. Kitchenette. Easy loading access. Immediate occupancy. Space can be divided. MLS 1292867
$10/sqft. Prominent Commercial space available - 3000 sqft in prime location w/ ample parking is the ideal site for any business. C1 zoning allows for a multitude of commercial opportunities. Close proximity to several well-known establishments & significant community projects. An overall smart choice for your business venture! MLS 1292440.
656 COLBY DR.
108-855 KING ST.
107-855 KING ST.
2912_DJW_0444
2912_DJW_0445
2912_DJW_1_0031
$8.00 sq ft all inclusive. Huge space available for great opportunities, for a variety of industrial and office options for your business needs. Seller can customize. Several options for indoor and outdoor storage. For both short term and long term requirements. Basic lease includes utilities. MLS 1291280.
$8.00/sqft. Extensive vehicle & pedestrian exposure. Substantial rear parking. Seller will alter to suit. Great retail/professional/Medical/Office opportunity. MLS 1292552
$5.95/sqft. Extensive vehicle & pedestrian exposure. Substantial rear parking. Seller will alter to suit. Great retail/professional/medical/office opportunity. MLS 1292553.
Please say you saw it in The Commercial Investor
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Land Exchange Ltd. Brokerage Independently Owned and Operated Hanover, Ontario (519) 364-4747 Email: edwinhotchkiss@gmail.com
Ed Hotchkiss Broker
Cell 519-387-3394 Toll Free 1-877-506-7070
11261666_2912
9534496_2912
Commercial Real Estate & Business Opportunities
Call Jim Holmes, Broker
HOTEL - FOR SALE WALKERTON, BRUCE COUNTY Recently renovated historic hotel Huge Income Potential from Multiple Income Streams: Accommodation - 28 rooms Restaurant with u-brew & take-out pizza bar Banquet & meeting rooms; Special functions Bowling alley Large parking lot Downtown - high traffic 2512_DJW_3_0031
$545,000
vACANT COmmERCiAL LOT • $99,900 • Hwy 10 at Holland Ctr (S. of Owen Sound) • Approx. 3/4 Acre pizzA BUSiNESS FOR SALE • $39,900 • Main Street in Hanover • Attached to busy night club/bar
195 Wallace Avenue North Listowel, Ontario N4W 1K8
REALTY & AUCTIONS INC. BROKERAGE
Independently Owned and Operated
519.291.2299
Fax:
Brian Barfoot
Ron Finch
Broker of Record
Broker
519.444.8844
519.292.9540
519.291.1015
www.peakrealestate.com
11261360_2912
Bus.:
$250,000 THRIVING VIDEO BUSINESS for sale in Cambridge. Present owners have increased sales by 200% in last 6 years. Great customer growth, limited competition and a large inventory of movies. Large customer base. Super opportunity. Owners moving out of area. MLS 1293679. Call Jim Holmes, Broker at 519-740-8080 or see our website for more info & photos at 2912_DJW_0468 www.HomesByHolmes.com
PERFECT BUSINESS OPPORTUNITY!!
GREAT LOCATION FOR YOUR BUSINESS
EXCELLENT INVESTMENT OPPORTUNITY
$399,000 - 390 Main St., Listowel
$9.00/SQ. FT. - 245 Main St., Listowel
$459,000 - 176-180 Josephine St., Wingham
Beautiful 100 year old well cared for home. Original woodwork! Presently fine dining. MLS 146141. 2912_DJW_0008
Over 12,000 sq ft of commercial space in a high traffic downtown location. New building!! Lots of parking!! MLS 460237. 2912_DJW_0009
Please say you saw it in The Commercial Investor
8 residential units + 2 commercial units Cap rate over 10!! MLS 232133. 2912_DJW_0010
Kitchener/Waterloo Guelph & Cambridge
Volume 12 Issue 08
10
Volume 12 Issue 08
Commercial Real Estate & Business Opportunities
Kitchener/Waterloo Guelph & Cambridge
508 Riverbend Drive Kitchener, ON, N2K 3S2 Phone: 519-743-5211
OFFICE/RETAIL FOR LEASE
1,059 SF, $20.00/SF NET MLS# 1217295, Guelph Located on busy Woodlawn Rd. Join A&W, Turtle Jacks, Galaxy Cinema, Subway, Thai Guy, Woody’s Bar-B-Q and Great Glasses Gary Boudreau*/Lester Tobin* 5,007 SF, $23.00/SF MLS# 1224185, Kitchener Williamsburg Town Centre Location. Former Blockbuster store. Gary Boudreau* 4,200 SF, $2,500/MTH MLS# 1134245, Kitchener Rental unit with walk– in cooler.Rental unit with walk– in cooler. Lester Tobin* 13,000 SF OFFICE, $18.00/SF MLS# 1211519, Kitchener Exposure to expressway. Over 30,000 cars daily. Larger users can name the building. Call for your package. John Hoffman* 875 to 8,775 SF, $19.00 to $21.00/SF MLS# 1141820,1141813-817, 1141819, 1141820,1141808,1141811, Kitchener New plaza with high exposure and traffic. Located beside high school, high density residential and new residential. Lester Tobin* 3,406 SF, $26.00/SF NET MLS# 1224480, Cambridge Former Wendy’s location. Busy intersection. Great Visibility. Gary Boudreau*/Lester Tobin* 1,915 SF, $8.00/SF MLS# 1217681, Heidelberg Storefront Retail Space. Needs refinishing Gary Boudreau*
* Sales Representa�ve ** Broker of Record
2,041 SF, $18.50/SF 2,041 SF, $18.50/SF MLS# 1141775, Kitchener High Prole retail unit with high exposure and traffic. Ample on‐site parking. Located at Fischer‐Hallman and O�awa. Lester Tobin* 10,394 SF RETAIL, $24.00/SF MLS# 1211514, Kitchener Prime site. Over 30,000 cars daily. Units from 1,800 SF –5,500 SF. Full Block frontage. Call for package. John Hoffman* 4,810 SF,$12.50/SF Divisible to 1,450, 944 or 924 SF MLS# 1137743, Kitchener High Profile Location, Excellent on-site parking. Great access to Hwy 7/8 Colin Vogel*/Mark Hopkins*
32,680 SF, $15.50/SF MLS# 1214570, 1214571, 1214572, Waterloo Space divisible to 24,000 or 16,000 sq.ft. (lease rates will vary) Join anchor tenant IMS! Prime location. Excellent access. Parking provided at 4.5 Spaces per 1,000 sq. ft. Colin Vogel*/Peter Benninger** 1153 SF-3,853 SF, $24/SF-$30/SF MLS# 1222272,1222275,1222267269,1222277 Kitchener, New space at Sportsworld Crossing. Join existing retail& restaurant traffic draw. Gary Boudreau* 1,100 SF, $14.00/SF MLS# 1221896, Kitchener Last Unit! High Profile plaza. Ample on-site parking. Good tenant support. Lester Tobin*
850 SF, $12.95/SF MLS# 1137060, Kitchener Medical/professional office building close to St. Mary’s Hospital. Free on-site parking. Elevator. Lester Tobin*
4,725 SF (1,725 & 3,000) $18.00/SF MLS# 1211115, 1211116 & 1211114 Kitchener High profile plaza adjacent to 400,000 SF Power Centre. Just north of Hwy 401, adjacent to Hwy 7/8. Lester Tobin*
8,652 SF, $15.00/ SF GROSS EXCLUSIVE, Kitchener Economical, open concept retail space. At the corner of busy intersection. Utilities not included Mark Hopkins*
924 SF, $2,200/MTH MLS# 1217306, Kitchener Outstanding clean office space in attractive office building. Across from Grand River Hospital Lester Tobin*
690 SF, $1,400/MTH NET MLS# 1127444, Waterloo Small retail/office unit with good exposure in Uptown Waterloo. New leaseholds completed. Lester Tobin*
2,200 SF, $16.00/SF NET MLS# 1218021, Kitchener High profile location at the gateway to Kitchener. Good tenant support. Free onsite parking Lester Tobin*
1,500-2,152 SF, $12.25/SF MLS#1211103&1211101, Waterloo Second floor space in well known, award winning building. Seconds from expressway, central to K-W and Guelph Colin Vogel*
1,150 SF, $14.00/SF MLS# 1147355, Kitchener Turn– key restaurant with equipment. Ample on-site parking. Lester Tobin*
www.coldwellbankerpbr.com/commercial
8331512_2912
Please say you saw it in The Commercial Investor
Volume 12 Issue 08
11
Kitchener/Waterloo Guelph & Cambridge
Commercial Real Estate & Business Opportunities
508 Riverbend Drive Kitchener, ON, N2K 3S2 Phone: 519-743-5211
OFFICE/RETAIL FOR LEASE 1,587 SF, $20.00/SF MLS# 1142056, Kitchener Equipment included in lease rate. Great tenant support. High traffic location with ample on-site parking. Lester Tobin*
2,889 SF, $1,850/ MONTH MLS# 1224313, Cambridge Open Office/ Commercial concept. Located minutes south of Hwy 410. Ample on-site parking. Lester Tobin* Up to 300,000 SF/ $18.00/SF EXCLUSIVE, Waterloo Build to suit. Close proximity to many amenities. Excellent access to Hwy 85 Peter Benninger** 4,039 SF, $12.95/ SF MLS# 122079, Waterloo Prominent building signage opportunity. High traffic intersection sees over 33,000 cars daily. Colin Vogel*/ Peter Benninger**
OFFICE/RETAIL FOR SALE 1,260 SF, $349,000 EXCLUSIVE, Kitchener Excellent location—car lot & sales. Two bay garage plus office. Nice lot. Good traffic exposure. Lester Tobin* 11,687 SF, $625,000 EXCLUSIVE, Elmira Signature office space at prominent intersection in core commercial district. Peter Benninger**
MEDICAL/PROFESSIONAL OFFICE
8.072 SF, $849,000
BUILDING
MLS# 1212194, Kitchener
9,294 SF, $1,950,000 EXCLUSIVE, Kitchener Well maintained office building on 0.84 acres. 92% rented. Ample free on-site parking. 7% CAP rate Lester Tobin*
Free standing industrial building for owner or fully rented investment property. Tenants are month to month Lester Tobin* 7,740 SF, $1,500,000
VARIETY STORE WITH PROPERTY 3,815 SF, $949,000 MLS# 1211456, Heidelberg
Well established business for over 20 years. Free standing building. Corner lot. High sales. High traffic. Gary Boudreau*
MLS# 1218127, Orangeville 40’ x 100’ Drive thru bay doors at either end. 4.16 Acre lot, compounded yard, outdoor storage allowed.
INDUSTRIAL/WAREHOUSE FOR LEASE
John Hoffman*
LAND FOR SALE 2 Acres, $540,000 MLS# 1144687, Kitchener
3,931 SF, $2.50/SF
Corner of Trillium & Huron with excellent access to Hwy 7/8 and Hwy 401. Many uses permitted. Peter Benninger**
MLS# 1118194, Kitchener
REDEVELOPMENT OPPORTUNITY!
Great clean 9-10 ft ceiling. All dry walled. Storage for documents., distribution company, etc. John Hoffman* 2,306 SF, $5.50/SF
12.09 Acres, $7,950,000 EXCLUSIVE, Kitchener
Over 1400’ frontage on major arterial road in an established urban environment. Colin Vogel*
MLS# 1214032, Kitchener One drive– in door. Small reception area. One finished office with small Mez. Very clean space. John Hoffman*
INDUSTRIAL/WAREHOUSE FOR SALE
DEVELOPMENT LAND 10.87 acres, $3.600,000 MLS# 1047293, Brantford
Prime development opportunity at high traffic, high visibility intersection. C10-4 zoning allows for a wide range of uses. Colin Vogel* INDUSTRIAL DEVELOPMENT LAND
5,152 SF, $599,000 MLS# 1214696, Kitchener
Two smaller industrial buildings (4,000 SF & 1,152 SF) Very suitable for automotive repair with 3 current tenants.
5.5 Acres, $434,500 MLS# 1137617, North Dumfries Twp.
4.3 Useable acres overlooking Hwy 401.
R. Blake. Hull*
www.coldwellbankerpbr.com/commercial
8171433_2912
Please say you saw it in The Commercial Investor
Lester Tobin*
* Sales Representa�ve ** Broker of Record
12
Volume 12 Issue 08
Commercial Real Estate & Business Opportunities
Kitchener/Waterloo Guelph & Cambridge
508 Riverbend Drive Kitchener, ON, N2K 3S2 Phone: 519-743-5211
LAND FOR SALE
28.59 Acres (approx.) $20,500,000 EXCLUSIVE, North Dumfries
66.58 Acres, $2,200,000 EXCLUSIVE, Cambridge Under consideration to change OP designation to industrial. 25.22 acres, $995,000
Peter Benninger**
Industrial development parcel available immediately. Zoned (H) M3. Peter Benninger** HIGHWAY COMMERCIAL LAND 1.43 Acres, $549,000 MLS# 1144743, Highway # 7
Located between Kitchener and Stratford. Highway commercial zoning. Lester Tobin* COMMERCIAL DEVELOPMENT LAND
4.49 Acres, $1,995,000 EXCLUSIVE, Kitchener
Highly visible, high traffic site. Central to existing retail & proposed employment lands. Peter Benninger** 80’ x 181’ LOT ON HESPELER ROAD $585,000 OR $3,500 PER MONTH NET EXCLUSIVE, Cambridge
Very rare to find a lot of this size on Hespeler Rd. Former car lot. Can be John Hoffman* redeveloped
INVESTMENT FOR SALE
Investment property with one unit available for user or lease. Retail and residential mix. Lester Tobin* BUSINESS FOR SALE RETAIL/RESTAURANT PROPERTY INCLUDING BUSINESS
13,000 SF on 1.01 Acres, $1,950,000 MLS# 1128315, Woodstock Freestanding solid brick building on 1 acre lot in Woodstock’s newest retail node. Currently operating as a restaurant /bar with patio. Liquor license for 312 Lester Tobin*
FOOD OUTLET AND DELI 3,901 SF, $649,000 EXCLUSIVE, Waterloo Region Celebrating 25 years. Sale of frozen food, fresh meat, produce, finger foods and much more. High Profile Location, provincially Licensed. Lester Tobin* RESTAURANT WITH PROPERTY 1,900 SF on 1.43 Acres , $549,000 MLS# 1144743, Highway #7 Freestanding, 97 seat restaurant on a high traffic commercial lot. Lester Tobin*
7,222 SF, $639,000 MLS# 1134251, Kitchener Investment property. Great potential return on investment. One retail unit (available for rent or owner user) Plus one 3-bed and three 2-bed apartments. Lester Tobin*
** Broker of Record
16,164 SF, $995,000 MLS# 1144108, Cambridge
EXCLUSIVE, Cambridge
* Sales Representa�ve
3 buildings, 281,864 total sq.ft. Industrial investment opportunity in 97/401 business park Fully occupied, long term leases. Peter Benninger**
MULTI-FAMILY FOR SALE
6-PLEX, $659,000
MLS# 1214873, Kitchener Well maintained 6-plex in desirable Forest Hill neighbourhood. Oversized units, some with balconies.5-2Bdrm units, 1-1bdrm unit; separately metered for hydro. Mike Flynn 41 Units/205 Beds, $18,199,000 MLS# 1137499, Waterloo Brand new 41 unit 205 bedroom ICF investment property located very close to UW and WLU. Property features a 7% CAP rate, private bathrooms for each bedroom , oversized bedrooms, elevators, common rooms and LEED quality construction. Eric Reiner* For Commercial Real Estate Solutions in Canada's Technology Triangle, contact any one of our sales representatives, or call 519-743-5211. SALES REPRESENTATIVES: Gary Boudreau, ext 3029 Mike Flynn, ext 3037 Roman Ginzburg, ext 3103 John Hoffman, ext. 3040 Mark Hopkins, ext. 3020 R. Blake Hull, ext 3032 Shawn Quilty, ext 3106 Eric Reiner, ext 2099 Lester Tobin, ext. 3023 Colin Vogel, ext 3110 BROKER OF RECORD: Peter Benninger, ext. 3000
62 SEAT RESTAURANT 1,800 SF, $149,000 MLS# 1124086, Waterloo
Proudly Serving
Established for over 25 Years. Great location. Liquor License Lester Tobin*
www.coldwellbankerpbr.com/commercial
8331507_2912
Please say you saw it in The Commercial Investor
13
Commercial Real Estate & Business Opportunities
Kitchener/Waterloo Guelph & Cambridge
Volume 12 Issue 08
11236833_2912
Please say you saw it in The Commercial Investor
14
Commercial Real Estate & Business Opportunities
Volume 12 Issue 08
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
SouthweStern ontario section
COverIng: Brantford • Chatham • Ingersoll • London • Sarnia • Simcoe • Stratford, St. Thomas • Tillsonburg • Windsor • Woodstock For advertising information contact Doreen Wills Tel: 1-800-268-0077 • 905-570-9283 doreen.wills@wall2wallmedia.com • thecommercialinvestor@wall2wallmedia.com notes: ______________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ Please say you saw it in The Commercial Investor
Volume 12 Issue 08
15
Commercial Real Estate & Business Opportunities
George Gicopoulos Sales Representative Office: 519.672.9881 Direct: 519.672.9891 ext 241 ggicopoulos@royallepagecommercial.com www.georgegicopoulos.com www.royallepagecommercial.com
Southwest Ontario
Royal LePage Triland Realty, Brokerage*
*Independently Owned and Operated
2912_DJW_0408
2912_DJW_1_0461
BuSINESSES FOR SALE
2912_DJW_1_0475
jUST NORTH OF LONDON + PROPERTY - $345,000
Busy Hwy location near London. Good condition, sales & profits. Business only also for sale. Call George for details. 2912_DJW_1_0418
Fish & Chips Restaurant with property that includes two buildings with 5 self-contained apartments plus Restaurant. Closed Sundays. Business operated successfully in this location over 40 years. 7 a.m. to 7 p.m. Closed Sundays and holidays. Call George for details. V.T.B possible.
Great opportunity to own your own business with property. Renovations and upgrades to property and business in last couple of years. Ideal for family operation. A-1 condition with nice patio. Short hours of operation. Call George for complete details.
family restaurant W/ProPerty
FISH & CHIPS RESTAURANT AND PROPERTY - $495,000
Operated in the same location successfully for over 50 years and still going strong (present Owner for about 20 years). This Restaurant is like no other. High Sales with good profits and generous management wages. Call George for Complete Details. 2912_DJW_1_0414
LANDMARK LONDON RESTAURANT - $425,000
K-W restaurant/PuB
Great business and profits. A-1 condition with favourable long term lease. 5,000 sq. ft. Banquet room in lower level. Call George for details.
ROADHOUSE BUSINESS W/ PROPERTY - $1,975,000
Roadhouse Business (Sales in 2 million range) + Property (Net $167,000). Approximately 14,200 sq. ft. of commercial space + 9 apartments. A-1 Condition. Corner location with 39,000 sq. ft. property with about 40 paved parking spots. Fully tenanted. Call George for complete details.
CARE-FREE INVESTMENT IN EXETER - $525,000
One very attractive building net, net lease to a very successful, well known Franchise European Style Cafe. Building consists of the main floor cafe plus 3 residential units above all leased to the main floor Tenant. Owner has nothing to do except collect the rent. Call George for details.
CORNER BUILDING IN HANOVER - $475,000
Solid brick building in the middle of Town. Former bank leased to Coffee Culture Cafe & Eatery main floor and lower with 2 bedroom apartment above. Main floor tenant leases entire building on a net-net basis. Care-Free investment! Call George for complete details.
2912_DJW_1_0476
2912_DJW_1_0420
2912_DJW_1_0415
investment ProPerty
SOUTHWESTERN ONTARIO INVESTMENT PROPERTY $645.000
Attractive corner building with below market value rentals. Pride of ownership. 3 main floor Commercial units + 10 apartments on upper levels. Priced at 10x net income. Many improvements done in the last 10 years such as new membrane roof, double glazed windows, 2 HVAC(S) and more. Hardly any vacancies. Call George for complete details.
INGERSOLL - $425,000
Great Investment property in the heart of Ingersoll. A-1 condition. Property houses a well known profitable Grillhouse Restaurant on the main floor and lower level + 2 self contained 2 bedroom apartments above. Net income of over $40,000 per year. Call George for complete details.
SMITH FALLS INVESTMENT - $399,000
Solid, former Bank Building located in the middle of town. 2 apartments above. Corner location. Main floor leased to a successful European style cafe. Priced at over 10% Cap makes this a good investment in today's market. CafĂŠ also for sale. Call George for details.
POWER OF SALE! STRATFORD INDUSTRIAL BUILDING $845,000
20,735 Sq Ft with approx 800 Sq Ft Office Space. Building in Great Condition. Paved Parking. 3 grade level drive-in/loading doors. Convenient Location close to Hwy 7 & 8. 2 cranes of 10 to 12.5 tons with approximately 300 feet craneway. Call George for Complete Details.
Please say you saw it in The Commercial Investor
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2912_DJW_1_0466
2912_DJW_1_0433
c o m m e r c i a l / r e ta i l / i n d u s t r i a l
FOR LEASE - LONDON CORNER LOCATION $14.00 SQ FT NET, NET
Great corner location, previously used as a Restaurant with patio. End unit of 2,400 sq. ft. with great visibility and signage. Easy access. Owner willing to divide for the right tenant. Ideal for Fast Food Restaurant but many other uses available and possible at an affordable rate on this busy location near Fanshawe College. Call George for details.
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ProPerty/Business
16
Volume 12 Issue 08
Commercial Real Estate & Business Opportunities
519.797.5500 Cell. 519.374.4448
Harold Fenlon
Bus.
Southampton
Broker
MULTIPLE LISTING SERVICE
email: h f e n l o n @ b m t s . c o m
,9
$5
$5
99
99
,9
00 ,9 89 $3 http://myhomes.360photo.ca/6509
http://myhomes.360photo.ca/5520
COTTAGE COURT 736 BROOK LANE, PORT ELGIN
THE MAPLES’ COTTAGES 650 HIGHLAND STREET, PORT ELGIN
GREAT SUMMER COTTAGES Summer Breeze cottages, exceptionally well maintained business in fantastic location & minutes to prime sand beach. Consists of winterized 1-3 B.R. home; presently rented year round, 1-3 B.R., 4-2 B.R. & 2-1 B.R. cottages. (www.southbruce.com/summerbreeze) 90% rented for this summer season. 2512_DJW_0427
Well maintained business close to beach. ‘THE MAPLES’ consists of 7 - 2 bedroom units, 1 - 3 bedroom unit recently built & a 3+ bedroom residence. All buildings are in excellent repair. All units fully rented year round. Many improvements include new roofs, 2 gas fireplaces in 2 units. 2512_DJW_0426
,9 95 $6
$6
79
79
,9
,9
00
00
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http://myhomes.360photo.ca/7281
00
Three (3) exceptionally well maintained, winterized, 2 Bedroom cottages. Just a short distance to sand beach. All cottages offer, air conditioning, natural gas heat, fire pit, parking plus come fully equipped & furnished & so much more.
$6 http://myhomes.360photo.ca/6510
http://myhomes.360photo.ca/3844
http://myhomes.360photo.ca/7028
COTTAGE COURT 199 ELGIN STREET., PORT ELGIN
LOCATION! LOCATION! LOCATION! 273 MILL STREET, PORT ELGIN
BUSINESS OPPORTUNITY 196 HIGH ST., SOUTHHAMPTON
Fantastic Southampton location. Business includes 4+ rented units Licensed bar & exceptional restaurant w/outdoor patio, leased office space ‘til 2014; Owner’s living quarters, 2nd flr lounge suitable for banquets, weddings, etc. Bldg in good repair & many property updates including copper plumbing & newer insulation & wiring. 2512_DJW_0430
12 room Inn in Estate setting, plus Carriage House w/2 separate units. Within walking distance to Port Elgin’s famous sandy beach, quiet atmosphere, renovated rooms, A/C, private baths available, ample parking, booked yr. round. Live in accomodation for owner, well-established clientele. 2512_DJW_0429
11245697_2912
Excellent business opportunity. 4 fully rented cottages & spacious family home, situated on a professionally landscaped lot, interlocking brick patio & spring fed creek. 2 B.R. Cottages #1 - 560 sq. ft. #2 - 560 sq. ft., #3 - 560 sq. ft. & #4 - 720 sq. ft. Sellers willing to rent house for minimum of 1 year. 2512_DJW_0428
Reid Dundas, Broker
&Maggie Whitcroft,
Sales Representative Located in St. Marys – 15 minutes South of Stratford, 20 minutes Northeast of London
$550,000
2.2 acres of prime commercial development property zoned Highway commercial. Located on main street, St. Marys, close to 3 car dealerships, The Beer Store, local hospital, a restaurant, etc. Call today to discuss the possibilities and the reasons you need to consider St. Marys for your business. MLS 420787.
commercial building lot
‘tHe KirKton marKet’ This very busy general store is located in Kirkton, West of St. Marys with great exposure on Hwy 23. It is a true country store with Post Office, grocery, hardware, movie rentals, etc., plus a well cared-for spacious two storey living quarters attached to the store. MLS 700823.
$385,000 $250,000
‘multi use building’ 1312_DJW_2_0002
commercial development
1312_DJW_1_0001
$575,000
‘investment potential’
This prime 1 acre building site has amazing potential. Located on a busy artery, across the road from Canadian Tire & Foodland Mall. With C3 zoning, your options are many. $250,000. MLS 090243.
1200 sq ft. High traffic strip mall for lease $8.00/sq. ft. Please call Listing Office for more details.
$8.00/sq. ft.
1312_DJW_2_0003
Southwest Ontario
00
8297239_2912
McIntee’s Top Salesperson
2004, 2005, 2006, 2007, 2009, 2010 & 2011
00
www.haroldfenlon.ca
For more information contact www.reiddundas.com Please say you saw it in The Commercial Investor
13 year old building on 1.5 acres designed for many uses. Located minutes to Hwy 7 and 1/2 hour to Hwy 401. Large 50’x80’ warehouse area, 3 large overhead loading doors, loading dock, 24’x24’ production area with in-floor heat, separate office area. MLS 101456.
$595,000 This site offers 8.8 acres of prime development land located across from the St. Marys Golf Course and one block from ‘The Independent Grocery Store’. It is zoned Highway Commercial which allows for many uses. MLS 699641.
Volume 12 Issue 08
17
a_b Realty Ltd. Brokerage Stratford, On (519) 273-2821
Hurley Real Estate Brokerage Janet Lange, Broker, ABR
janet@sellingstratford.com
519-273-2821 x234 office 519-275-5021 direct
202-386 Cambria Street in Stratford - The Cambria Professional Building is an excellent professional office building located directly across from Stratford General Hospital. This well located & well managed building offers plenty of parking for your employees and customers with ground level entry at both main entrances. Custom sizes and layouts 2912_DJW_8015 currently available for your professional requirements. $11 + $9 inclusive. MLS 918389.
Independently Owned & Operated
(519) 759-6800 Cell (519) 755-0830
Michael Hurley Broker
michaelhurley@rogers.com
RESIDENTIAL TOWNHOUSE 6PLEX IN A VERY DESIRABLE LOCATION
1-4 beds, 2-3 beds, and 3-2 beds. Rents average $700 - $800 monthly, with tenants paying all costs and expenses. Call Michael today to discuss this hassle free Investment. Located in Brantford, consistently named in the TOP 10 of Best Places to invest in Ontario. Asking price $639,900. 2912_DJW_0020
Commercial fOR LEASE
186 Ontario Street in Stratford - Centre Mall - Stratford’s excellent Downtown Location This well maintained and well managed plaza offers various sizes to meet your franchise or small business needs. Many uses possible. $9.50 net plus $5.25 CAM. Vacant and waiting - 2012 Theatre Season is here! MLS 875876, MLS 407798, MLS 468546. 2912_DJW_0069
5644 sq. ft. in an excellent Commercial location. Ideal space for any type of office, business/retail user. Lots of parking and great exposure. Affordable lease rate of only $9 per sq. ft. n/n/n Located in Brantford, consistently named in the TOP 10 Best places to invest in Ontario.
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905.456.3232 Realty Specialists Inc., Brokerage
1-866-251-3232
Davie Lakhani
dlakhani@trebnet.com www.davielakhani.com
Sales Representative
EXCELLENT INVESTMENT OPPORTUNITY!!! PRICED TO SELL AT $649,000
CAP RATE OVER 7%
7 TOWNHOMES in London, Ontario, 2 bedrooms each. Very large lot with 12 parking spaces. Close to all amenities, highway and schools, many updates include high eff. furnaces & attic insulation for each unit, windows & more. Separate hydro & gas meters for every unit. Individually fenced backyards. Easy to rent, rarely a vacancy. High-demand area.
Please say you saw it in The Commercial Investor
2912_DJW_0037
Southwest Ontario
11261746_2912
9128459_2912
Commercial Real Estate & Business Opportunities
18
Commercial Real Estate & Business Opportunities
Volume 12 Issue 08
inthenews
From doing ‘good’ to doing ‘right’: A way forward for overseeing business conduct
I
n a recently issued report, Responsible business conduct in a complex world, the Canadian Chamber of Commerce describes how the government should oversee the international conduct of Canadian companies and how companies themselves can improve their performance.
“For most Canadian businesses, responsible business conduct has moved from doing ‘good’ to doing ‘right.’ It’s not about philanthropy anymore - it’s at the core of their operations.” said Perrin Beatty, President and CEO of the Canadian Chamber of Commerce.“During recent debates about government oversight of Canadian companies’ international conduct, business explained what it did not want but still needed to set out its own vision,” he added.“Responsible business conduct in a complex world makes it clear that companies are not satisfied with the status quo and want change.”
“The majority of Canadian companies continually strive to exceed accepted standards in the host countries where they work with respect to health, safety and environmental standards. Canadian companies must always respect the local, regional and national cultural needs of their host countries. We would encourage governments to consider a less punitive approach to one that promotes accountability and transparency with respect to their corporate social responsibility initiatives,” said René Marion, President of Aurico Gold. Beatty concluded that: “While the Canadian Chamber of Commerce opposes imposing punitive legislative measures and expensive, duplicative offices on Canadian companies, we strongly believe that ethical and responsible behaviour is an important part of the Canadian brand. Businesses need to conduct their activities safely, respectfully, legally and sustainably. Governments remain the primary means for ensuring economic, environmental and social protections and business must respect these protections. If government, business, NGOs and communities work together more constructively, everyone can benefit.” The Canadian Chamber of Commerce is the vital connection between business and the federal government. It helps shape public policy and decision-making to the benefit of businesses, communities and families across Canada with a network of over 420 chambers of commerce and boards of trade, representing 192,000 businesses of all sizes in all sectors of the economy and in all regions. News and information available at www.chamber.ca Follow on Twitter @CdnChamberofCom.
The Canadian Chamber of Commerce sought ideas from business leaders and nongovernmental organisations (NGOs). The paper summarizes these discussions. It outlines areas of strength in current federal government oversight and identifies potential improvements. It also sets out ways businesses could improve the execution and communication of their behaviour.
Please say you saw it in The Commercial Investor
Volume 12 Issue 08
19 8171560_2912
Commercial Real Estate & Business Opportunities
519-756-3900 www.century21.ca/professionalgroup
Professional Group Inc. Real Estate, Brokerage
45 Salespeople at your service Southwest Ontario
Independently Owned & Operated
32 Charing Cross St., Brantford
INVESTORS! 6 Townhouse Complex in good residential area. All have rec rooms. Lots of parking. Excellent income. $749,900. Contact Joan Griffin, Broker 519-754-6772 or joan.griffin@century21.ca 2912_DJW_0425
GOOD COMMERCIAL INVESTMENT PROPERTY! Go to www.century21/jim.nagle or contact Jim Nagle at: jim.nagle@century21.ca. MLS# 33985.
FOR LEASE! AFFORDABLE OFFICE SPACE 1,553 sq. ft. main floor office space. Centrally located. Public transit available, $8.50 per sq. ft., including T.I.M. Well appointed premises. Second storey units also available. Landlord will work with tenant to accommodate required size. Contact Joan Griffin, Broker 519-754-6772 or joan.griffin@century21.ca 2912_DJW_0426
5 ACRES DEVELOPMENT LAND Treed site close to walking trails and water. $399,900. Contact Joan Griffin, Broker 519-754-6772 or joan.griffin@century21.ca
ATTENTION BUILDERS AND DEVELOPERS!! $2,500,000
ATTENTION BUILDERS AND DEVELOPERS!! $2,300,000
15.98 acre site consisting of 6 assembled parcels of land. Zoned medium density, allowing for mix of towns, row housing, low rise apartments or other forms of multiple dwelling units.
Residential development site along the Grand River. Approx. 7 acres in total. Draft plan approved for 95 condo townhouse units.
Call Brenda Wilkinson, Broker 519-761-0444
Call for details Brenda Wilkinson, Broker 519-761-0444
Free standing - light industrial. 2,800 sq. ft. building, approx. 1,400 sq. ft. office with reception area and private offices. Space for lease also available. $269,900. Call Mark Bennett Broker 519-756-3900. 2912_DJW_0430
VACANT LAND, LIGHT INDUSTRIAL! Ample parking, central location, corner lot with easy access. $125,000. Total sq. ft. 18,944 sq. ft. Call Mark Bennett, Broker 519-756-3900.
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Professional office on busy main artery. Tastefully finished medical office. Parking on site. Close to hospital and public transit, plenty of room for several professionals. $469,900. Call Mark Bennett, Broker 519-756-3900. 2912_DJW_0429
Please say you saw it in The Commercial Investor
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20
Volume 12 Issue 08
Commercial Real Estate & Business Opportunities
kelly Good
Renate SiebeR
Sales Representative Cell:
broker of Record Cell:
519-955-0609
Goderich
519-531-1177
land exchange ltd. brokerage
34 newgate Street, Goderich
262 Josephine St., Wingham
Independently Owned and Operated
519-524-1900 |
Wingham 519-357-3332
MLS# 327695
”Turn Key” - General Store with beautiful residence on the shores of Lake Huron. 75 year track record w/ income from sale of groceries, confectionery, hardware supplies, movie rentals, fishing supplies, Pizza & Subs, dairy & ice cream sales, gas pump, propane exchange system & more. Caters to 100’s of cottagers, campers from 2 campgrounds, local villagers & the farm community. Refurbished inside and out. $449,900. Call Kelly.
TWO PRIME COMMERCIAL/DEVELOPMENT PROPERTIES
5,700 sq. ft. income property. Triple A tenant; NEW PRICE; call Listing Agent for details!! $299,000.
MLS# 741811
PRIME COMMERCIAL
VACANT COMMERCIAL LAND
100’ frontage (1.4 ac), 300’ frontage (1.14 ac), highway commercial zoning. In the centre of Wingham/North Huron. Could be purchased together or separately. MLS #899416 $395,000 and MLS #472883 $525,000. Call Renate.
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OWNER MOTIVATED!!!
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TURN KEY
8340571_2912
Just east of Wingham on #86. 2.26 acre zoned VC2-1. HIGH traffic location.Water/ sewer at property line. $165,000 Call Renate
MLS #544627
Income property in Lucknow, totally renovated in 2004, currently owneroccupied and in excellent condition, building size 42’ x 80’, 2 overhead doors, great exposure! $169,000.
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Southwest Ontario
www.remaxlandexchange.ca
11239820_2912
Sutton - Huron Shores Realty Inc. Brokerage Independently Owned and Operated
19 Albert St. S, Southampton 519-797-1007 | 1-888-727-1007 IMPRESSIVE COTTAGE PARK
$209,900
$500,000
HWY COMMERCIAL PROPERTY
588 Goderich St., Port Elgin Previously the home of the popular “Strauser’s Tavern”. Full kitchen, office, men’s and ladies washrooms. It was licensed for 231 inside & 60 on the patio. Selling building & land only. 2912_DJW_1_0086
$399,900
Sales Representative
171 High St., Southampton Prosperous fully equipped downtown restaurant. Income also from two furnished rental apartments. Finance available to qualified buyers.
$499,000 NEW PRICE
Doug Freiburger
JUST LISTED 2912_DJW_1_0085
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320 Elgin St., Port Elgin Seller will Entertain “Take Back Mortgage” 7 winterized cottages Close to sand beach Excellent year round rental history.
Brian Shular Broker of Record
164 Albert St. S., Southampton 4 Bedroom Century Home plus 2 storey Insulated & heated detached shop. Located directly across from Tim Hortons. 2912_DJW_1_0088
Please say you saw it in The Commercial Investor
JUST LISTED 824 Goderich St., Port Elgin $599,000 House/$639,000 with Business ESTABLISHED BED & BREAKFAST Wonderful turnkey business. Sitting On a 1 acre lot, close to all the amenities That Port Elgin has to offer
$599,000
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Volume 12 Issue 08
21
Broker of Record
519.437.9943
134 Duncan St., Wallaceburg, ON N8A 4E2 519.627.9933 • 1.877.500.9933
Southwest Ontario
Betty Tack
11261680_2912
Commercial Real Estate & Business Opportunities
8297271_2912
COMMERCIAL BUILDING IN THE HEART OF WALLACEBURG The main level (4000 sq ft) was used for a wine making business. The upper level has a 2 bedroom residential unit and a large hall with wood flooring. Both levels have public washrooms. Upper unit furnace & central air installed in 2010.
3000 SQ. FT. BLOCK BUILDING A great place to start your business. 2 bays (32’ x 46’) (25’ x 46’), 2 pce. bath and office. Fenced compount. Zoned M1 with many allowable uses.
BECOME AN ENTREPRENEUR With your own business on the first floor and live in style in the 2nd floor apartment. Many possibilities are found here. You can also purchase the long standing pool business separately and continue servicing the people of Wallaceburg. See pictures on our website.
$185,000
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$99,000 2912_DJW_0063
Commercial building in downtown Wallaceburg. 1800 sq ft with large display windows. Previously used as a Jewelry store.
$174,900
$49,900 2912_DJW_0066
$170,000
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OWN A 3 ADJACENT COMMERCIAL BUILDINGS 124 Duncan has 2 units. 360-368 James is a corner unit with 2 commercial units on main floor and a large apartment on second floor. 344-354 James Street offers 2 units at street level with a second floor storage. Purchase all for only $249,900.
$189,900
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Check out our listings at www.homeward.ca Affordable Commercial & Residential Properties
GREAT OPPORTUNITY Building located along the Sydenham River in Wallaceburg. 2 commercial units on main floor, 1 1-bedroom apartment on main level and 2 1-bedroom apt on upper level. Boardwalk at the river is owned by the Municipality.
Wilfred Mcintee & Co. liMited BroKerAGe
Unit 2 - 334 Sykes Street South, Meaford, ON N4L 1X1 Phone: 519-538-3240 Toll Free: 1-877-434-SALE (7253) Fax: 519-538-5087
EXCELLENT COMMERCIAL BUILDING Move in condition. Nice laminate flooring. Freshly painted, 2 pc washroom, separate office from main open area. Previously ice cream store. Suitable for office or retail. 2912_DJW_0067
Andy Andersen CRB Broker
E-mail: andy.andersen@mcintee.ca Residence Phone: 519-538-3273 Direct Line: 519-270-3273
www.mcinTEE.cA
$1,400,000
$485,000 OR $5/SQ FT
MEAFORD DEVELOPMENT PROPERTY Located in the South end of town where all the action is. Consists of 2 acres with small 3069 sq ft building included, currently rented. Would make an ideal plaza or box store site. Owner will consider severing. Property has frontage on 3 roads. #3239-ME. 2912_DJW_1_0020
LARGE INDUSTRIAL SITE Close to downtown Meaford with good buildings already in place to set up your business. Or it would make a great redevelopment site. Sale will be restricted to anyone in a competing business. Seller has moved to new and larger premises. #3035-KN. 2912_DJW_1_0444
$2,450,000
$810,000
INVESTMENT OPPORTUNITY KNOCKS 27 unit apartment complex consisting of 3 separate bungalow style buildings & 1 older 2 storey building located in downtown Meaford. 26 of the units enjoy a full bsmt for storage, 3 of the buildings have laundry facilities in common with other tenants. Residents can enjoy the gazebo overlooking the Big Head River and there is a BBQ for tenants use. Parking is provided. 2912_DJW_1_0446 Walk to all amenities downtown. #3130-LE.
REDEVELOPMENT SITE Right down by the Meaford Harbour overlooking the Big Head River. Corner site just under an acre. #3164-ON.
$499,900
GREAT INVESTMENT/INCOME PROPERTY In downtown Meaford. Corner property overlooking Big Head River. Consists of 4 apts on 2nd level and 2 stores on main floor. 3rd floor is undeveloped & could be finished into 3 more apts, subject to town approval. Would make great owner/user building for your own business. #3104-RI. 2912_DJW_1_0445
INDUSTRIAL/RETAIL SPACE IN MEAFORD Ranging from 1980 sq ft up to 55,400 sq ft. Starting at $3.50/sq ft net. Call to get a quote on the size of space you need. Drive-in and dock level doors available. #3258-SC.
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Please say you saw it in The Commercial Investor
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Volume 12 Issue 08
Commercial Real Estate & Business Opportunities
Southwest Ontario
Southampton
Office: 519-797-5500 | Cell: 519-270-3055 e-mail: donamy@bmts.com www.southamptonhomes.ca
MORE THAN A HARDWARE STORE $599,900 170 HIGH STREET., SOUTHAMPTON
www.downspro.ca
Thriving hardware business in prime Southampton shopping area. Extensive line of kitchen & beach products. An active hardware store for decades. Price includes business, business chattels, 8,500 sq. ft. building with 2 lg. rental apts. & land. Option to purchase only building & land - $499,900. 2912_DJW_1_0033
RESIDENTIAL DEVELOPMENT $599,900 LOT 20, CONCESSION 20, SAUBLE BEACH
MLS #410254000800500
9992168_2912
Sales Representative
Excellent opportunity to develop new housing project as it is close to Sauble Beach & on the edge of existing Sauble development. A total of 95 acres; 22 acres had subdivision draft plan with 20 lots. Part of the area (Walker Way) is developed with water, individual septic, electric, gas, cable & telephone. 2912_DJW_1_0002
FAST FOOD $325,900 17 ALBERT ST. N., SOUTHAMPTON
www.chipsahoy.org
Well established, high visibility location on Hwy #21 in Southampton. Turnkey, no franchise fees, no royalties & owner will train. Well maintained building in excellent condition. Indoor seating for 24, plus outdoor patio with take-out window. Vendor financing available. Price includes building & chattels. 2912_DJW_1_0404
STEPS TO BEACH $249,900 MORPETH & GROSVENOR
MLS 2011127129
Zoned R3 - Residential Development 0.98 acre, ideally suited for town homes or semi’s. Located in the heart of Southampton just 2 blocks to downtown & sand beaches of Lake Huron. Level lot & survey available. Municipal easement to the East side of the lot. 2912_DJW_1_0402
moneysense
Avoid emotional investing
E
motional investing doesn’t pay – it costs you instead, says Andy Beer, strategic investment planning expert at Investors Group.
“Market study after market study have clearly proved that when investors are driven by emotions – jumping into and out of stocks looking for the next winner, pouring money into mutual funds following a period of strong market growth, and then moving to the next ‘hot’ asset class during market troughs – they often lose, and sometimes lose big.”
Beer explains that trying to time the market or an individual stock almost never works. But time in the market often does by delivering better overall returns – especially when you
couple your long-term stay the course strategy with other key strategies such as effective asset allocation and dollar-cost averaging. He noted that volatility is the nature of stock markets, but with a carefully selected and properly diversified ‘mix’ of assets, you can effectively reduce risk, and enhance your chances of achieving your long-term goals. Beer also suggests that dollar-cost averaging (the strategy of buying a stock or fund on a regular basis regardless of the stock or fund price) is an investment strategy that saves you from trying to time the market. This approach is designed to lower the average cost of your stock or mutual fund units, and ensures you are always participating in the market, so you will never miss out on periods of excellent returns.
NC
This column, written and published by Investors Group Financial Services Inc. (in Quebec – a Financial Services Firm), presents general information only and is not a solicitation to buy or sell any investments. Contact a financial advisor for specific advice about your circumstances. More information on this topic can be obtained from your Investors Group
Please say you saw it in The Commercial Investor
Volume 12 Issue 08
Commercial Real Estate & Business Opportunities
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
Hamilton COverIng: Ancaster • Caledonia • Cayuga • Dundas • Dunnville • Grimsby • Hamilton • Haldimand • Stoney Creek For advertising information contact Doreen Wills Tel: 1-800-268-0077 • 905-570-9283 doreen.wills@wall2wallmedia.com • thecommercialinvestor@wall2wallmedia.com notes: ______________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ Please say you saw it in The Commercial Investor
23
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Commercial Real Estate & Business Opportunities
Volume 12 Issue 08
8171399_2912
Re/Max escarpment Realty Inc Brokerage
LaUNDROMaT aT 4 CaYUGa STReeT, CaYUGa $139,900
442 NeW LaKeSHORe ROaD, PORT DOVeR $1,395,000
Uncompromised beauty here in Pt Dover - Immaculate 2 acre diverse prop inc 2000 sq ft ranch ext reno’d in 93,4 winterized rental cottages generate good income. 4 tiered terrace/break wall sys ensures erosion protection of 206 ft of shoreline. 3 Eco-flow septic sys, cistern, well c/a in main houses & ‘02 blt Northlander cottage. Awesome opportunity to live and work at 2912_DJW_1_0478 the Lake!
Hamilton
Estab turn key laundromat bus in prime Cayuga shopping district. Inclds all equip A/C wndw unit, 10 comm n/gas dryers - 30lbs cap - new 2006, 1 trpl washer, 4 dble washers. New 2005 plus 11 sngl washers, 2 on-demand n/ gas tankless wtr htrs - new 2008, 200 amp hydro. Offers 23 ft of st frntg. Block bldg w/ metal roof. Steady income. 2912_DJW_0451
1066 BROaD STReeT e, DUNNVILLe $875,000
eVeNT DeCOR BUSINeSS $19,900
3.68 ac multi-func prop in Dunnville’s new desired bus district. well maint’d prop offers 237 ft of frntg on Hwy 3 E. Boasts excellent visual exposure w/high traffic. Inclds 1300 sq ft bldg w/mod showroom, rear offices, 3 baths. Incorporates 3000 sq ft garage & sep autobody shop & lrg paved prkg lot. Buyer to complete due diligence. 2912_DJW_2_0459
Attention all motivated, creative, people. Check out this turn key special events wedding decor business, discount price well below the replacement cost new of all chattels/equipment. Ideal for bored housewife or second income for energetic entrepreneur. Room to grow and expand. Seller will train/ consult - owner is retiring. 2912_DJW_2_0414
CaNOPY BUSINeSS $149,000
UNIQUe CORNeR PROPeRTY $99,900
Exciting profitable bus opp-perfect for 2nd income or unlimited potential to expand & grow w/ virtually no competition. Inclds $112,000 of inventory-subject to change. 2010-2011 gros profit 49K as high as 107K. P&L avail. Estab since 1991. Inclds phone #, website, customer/wholesaler list, price catalogue, etc. 2912_DJW_2_0416
Lrg crnr prop loc in the heart of Nelles Corners. Comprised of 2 former parcels now merged. Former parcle # 1 zoned MR incl 34x60 ft post & beam 2.5 stry barn-previously used for seed cleaning. Former parcel 2-zoned RH allos for poss 1 fam dwelling. Ftrs 24x36 trpl car gar w/ 3 drs, conc flr & hydro. N/ gas at or near lot. 2912_DJW_1_0417
231-235 CHeSTNUT STReeT, DUNNVILLe $259,900
Excellent N.O.I. approx $38,400 (projected) inclds 3 2-bdrm units & 1 1-bdrm unit all on UL. Lower level inclds office #1 w/ long term tenant approx 1700 sqft, retail # 1 approx 1700 sqft area in process of being rented. Great investment opportunity! 2912_DJW_2_0452
37 MaIN ST W SeLKIRK $99,900 LIVe aND WORK HeRe!
Become your own boss with lots of potential in these two well maintained buildings, located en route to local industry and tourism - Lake Erie cottagers and race fans - lots of traffic! Zoned hamlet commercial - several permitted uses. Main bldg 40 x 24 ft (960 sq ft) was a former cafe w office and residential loft area. Inc n/g furn, c/a, rf done in 02, 3 pc bath, 100 amp hydro. Smaller blding 24 x 20 (480 sq ft). Inc 1200 gln cistern & ind septic 2912_DJW_1_7403 system. Live and work here!
1 DON JON BOULeVaRD, PORT DOVeR $699,000
2071 MaIN ST S, JaRVIS $744,000
Affordable 11 plex investment property on outskirts of Jarvis. Approx. 35-45 mins SW of Hamilton. This well maintained brick bldg inc 11x2 bdrm units w 11 fridges & 11 stoves. Comm laundry rm w new coin op machines ‘09. 3 units in bsmnt, 4 on main lvl & 4 on upr with balconies. Fully rented w super w 12 yr tenure. Allow notice for showings. 2912_DJW_2_0065
aUTO BODY BUSINeSS FOR SaLe $69,000
Autobody specialist or mechanic technician. Turnkey bodyshop bus avail. Ftrs 3400 sqft insul htd shop w/ reasonable $1200/mth lease. Ftrs cert GREEN waterborn paint syst w/ cert booth $15,000 - new 2011. Inclds approx $12,000 of paint inventory, 14’ clgs, 3 overhd 10x12 gar drs, 3 PH power w/ stepdown transformer. P&L avail. 2912_DJW_2_0453
2 MaIN aVeNUe W, FISHeRVILLe $214,000
Profitable turnkey business approx. 35-40 mins. S. of Hamilton, en route to Lake Erie in busy convenient store, 2-pump gas station, 50 x 21 ft. mechanic’s garage (functional), w/hoist & air compressor. Groceries, milk, cigarettes, lottery, phone card, ATM, bulk water refill, movie rentals & more. Incl. reno’d 1100 sq. ft. 2 bdrm. upr. level living unit, $800 per month. 2912_DJW_1_2301
38 TaLBOT ROaD, CaNFIeLD $75,000
Mechanics, truckers, hobbyists, car junkies. Check out this cool priced package. Inclds 50x40 garage w/11x12 door + 12x10 DR. N/gas ceiling, MTD heater, WD STV (as is) air over oil hydraulic hoist (not certified) conc flr 220 plug, new RF trusses & STL-appx 1980, 2nd 40x25 blding. 2912_DJW_1_0061
Immaculate investment property located on .49 acre lot in prime Pt Dover area. Close prox to downtown shopping district & the famous beach strip sit’d on manicured lot with R-3 zoning plus special amendment allows for 2nd residence. Inclds well maint’d 4-plex built in 1987. All 2 bdrm units w/kit, dinrm, livrm, 4 pc bath, laundry rm, individual aqua term furnaces, sep hydro, gas, water meters. Approx 1050 sq ft each w/ roomy common area. 2nd bldg. constructed in 1995 features full upper level apt with 2 berms, livrm, dinrm, kit, 4 pc bath, laundry plus patio door walk-out to elevated balcony-boasts panoramic views of Dover. This unit offers 1231 sq.ft.w/separate aqua-term furnace & 100 amp hydro. Lower level includes 550 sqft insulated garage/workshop w/drywalled interior, 2 pce bath, insulated roll-up door & furnace. Value added with 702 sqft in-law unit complete w/4 pce bath, large bdrm, open concept livrm, dining area & kitchen plus furnace & 2 man door walk-out. Tar & chipped drive/parking lot compliments 2912_DJW_3_0401
99 BaLSaM aVe, HaMILTON $325,000
Extremely well maint’d legal duplex plus 3-1 bdrm bsmt lvl units note City bylaw prohibits open element stoves, microwaves allowed. Inclds 2 bdrm ML unit w/2 baths, UL 2 bd rm unit w/2 baths. Inclds useable fin attic & sep fire escape. Orig. gumwd trim & hdwd flrs, new wndws since 08, insul ‘08, energy audit. 2912_DJW_1_0413
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Volume 12 Issue 08
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Commercial Real Estate & Business Opportunities
ASK FOR SWAP ME* OR TRADE ME* PROGRAMS
ST
OF
FE
R
WI
NS
Unique set up. Up to 6 unit + potential for more income 4 2- bdrms. 1 1- bdrm. Owner occupied 2 or 3 bdrm. State of the art & architecutral designed cathedral ceiling. Theme park. Lots of parking.
BE
11253276_2912
BURLINGTON “DONALD TRUMP STYLE”
905-570-9997
997,997
$
OR MAKE AN OFFER 2912_DJW_2_0413
LOOKING FOR SPECIAL PRICE? CALL NOW WEST HAMILTON “STUDENT MADNESS”
Perfect student rental by Mac. 9-10 bdrms, 3 kitchens, 4 separate entrances, including basement. Do the math? 10 rms x $400/mnth = $4000/mnthly income - Investors Dream.
399,997
$
OR BEST OFFER
”Self-employing opportunity!” 2 properties side by side sold together on two deeds. One is res/office the other is garage. Car repair & towing operation. All equipment included w/2 hoists. Corner exposure - must be sold.
199,997
$
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GLANBROOK (BY THE AIRPORT) “OPPORTUNITY + EXPOSURE”
Must be sold with 3622 Hwy # 6 $329,997 lot 164 x 183. House + 2 apartments. This property 3610 Hwy # 6 House + 6 units 121 x 202 ireg lot. Fully rented long term tenants. Curious?
369,997
$
OR BEST OFFER 2912_DJW_0447
EACH OR MAKE AN OFFER
GLANBROOK (BY THE AIRPORT) “EXPOSURE + MORE”
Must be sold with 3610 Hwy # 6 $369,997. Lot 131 x 202, House + 6 units. This property 3622 Hwy # 6 House + 2 units 164 x 183 lot. Fully rented long term tenants. Curious?
Used as metal fabrication or other uses. Relocated or get self employed. Approx. 2400 sq ft + 1000 sq ft loft/office/lunch room. 200 amp service. 18 ft ceilings. 12 x 14 bay door. Great exposure. Curious?
229,997
$
OR TRADE*
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SOUTH EAST HAMILTON “OPPORTUNITY KNOCKS”
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EAST HAMILTON (NEAR STONEY CREEK)
CENTRAL HAMILTON “INDUSTRIAL ALL POSSIBLE”
329,997
$
OR BEST OFFER 2912_DJW_0448
SOLD R TO INVESTO 2.5 stry renovated brick used as 2 units. Rear fire escape, garage w/wkshp. Commercial store - front for many uses was a Barber Shop. High traffic location. Curious
169,997
$
OR CASH/ TRADE
2912_DJW_2_0435
EAST HAMILTON (ROSEDALE AREA) “WHATS UP”?
Res/Commercial retail. Seperate entrance. Lots of parking. 2 driveways. Renovated plus. 2 hydro meters. Retail used Hair Salon or other uses. Upper 2 lvl 2 bdrms. Unit rented $800/ mth plus hydro. Will stay or vacate curious.
299,997
$
OR TRADE*/ CASH*
2912_DJW_1_0436
550 Fennell Ave. E. Suite 221A, Hamilton, ON L8V 4S9 Near Upper Wentworth & Fennell Plaza (905) 575-2840 *Some conditions apply Scan QR Code for Smart Phones & Blackberry Users. Quick Easy access to Al’s Listings.
Please say you saw it in The Commercial Investor
Hamilton
AL COSENTINO’s COMMERCIAL - INVESTMENTS Best s t n e OPPORTUNITIES FOR EVERY INVESTOR’S DREAMS Investm AL CAN MAKE IT HAPPEN!! to Buy LOOKING FOR EMPLOYMENT & RETURN ACT NOW!!! Now!
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Commercial Real Estate & Business Opportunities
Volume 12 Issue 08
how to significantly increase property value with minimal cost Dino Nicosia, Broker of Record, Investpro Realty and Appraisal Ltd., Brokerage
Hamilton
As you may be aware, residential home value is mostly determined by supply and demand. This demand is significantly influenced by economic conditions, interest rates, consumer confidence and political climate. However, the value of your investment property is determined mainly by the Income that it generates. The Net Operating Income (N.O.I.) will establish the property’s value when it factors in the market Cap Rate (Capitalization Rate) for the particular area. So if you want to increase the value of your investment property, you need to improve your N.O.I. There are two ways to increase the N.O.I. : 1) Find opportunities to increase the rents when vacancy won’t be impacted 2) Reduce property expenses without neglecting the overall investment. Reducing property expenses is often the more effective way to increase value. A relatively easy way to start doing so is to eliminate rental equipment–by owning them instead. Below is a real example of how property value could be increased for a 21 unit apartment building. The hot water tank rental was $300 per month (including taxes) which equated to $3,600 per year. The cost to purchase and install the equipment was approximately $4,000.00. The purchase of this hot water tank would be a great investment simply because of the approximate one year payback! But more importantly, we would have also increased the property value by simply reducing the operating expenses (or increasing the N.O.I.) by $3,600.00. How much would the property value increase after this relatively low investment? Let’s have a look at the numbers. Take the $3,600.00 of extra income that we generated by reducing the annual hot water rental expense and divide by the market Cap Rate. Let’s assume the current market Cap Rate is 7.5% ($3,600/7.5%) = $48,000.00. Yes, that is a $48,000.00 increase in property value! The above scenario demonstrates how a simple investment of $3,600.00 produced a tremendous return rate with a one year payback, but more importantly, helped generate a huge increase in property value. 8171452_2912
Please say you saw it in The Commercial Investor
Volume 12 Issue 08
27
Commercial Real Estate & Business Opportunities 9558936_2912
Brokerage The Apartment Building Specialists
Dino Nicosia, Broker of Record www.investprorealty.com
“Your Investment Partner for Life”
PHONE: 905-631-6500 FAX: 905-631-6505 dino@investprorealty.com
31 UNITS Hamilton
Near downtown... 2 buildings must be purchased together. Asking $1,550,000. Visit our website for details.
IONAL T I d N CO SALE 2912_DJW_1_0454
2912_DJW_1_0453
28 UNITS IN GUELPH, ON
12 UNITS
Unique property with separate buildings. Fully rented. For details visit our website.
Near Centre Mall... Asking $579,000. Good cash flow. Visit our website for details.
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4 UNITS 2912_DJW_1_0470
10 UNITS
East Hamilton Mountain. Asking $769,000. For more details visit our website.
In the heart of rejuvenated downtown Hamilton...Fully rented and totally renovated. Great cash flow. A must to view. For more details, visit our website. 2912_DJW_1_0471
6 UNITS, GUELPH, ON
5 UNITS
Only 9 years old. Desirable rental location. Large lot. Fully rented. For more details visit our website.
Great East Mountain neighbourhood. A rare find. For more details, visit our website.
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ARE YOU THINKING OF SELLING? THIS IS THE TIME. CALL FOR FREE PROPERTY VALUATION. Please say you saw it in The Commercial Investor
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Commercial Real Estate & Business Opportunities
Volume 12 Issue 08
7 tips for successful real estate investing Many people think being a landlord and investing in real estate is a way to make easy money. It can be financially rewarding if you do your homework and reduce your risks. But easy, it isn’t and it can lead to financial ruin if not done properly. The trick is to end up with money in your pocket at the end of the month after paying your bills and collecting the rent as you slowly pay down the mortgage and end up with a nest egg. Here are some tips: Hamilton
• Research the area where you’d like to buy. Is it in decline or on the way up? A good indication is if chains like Wal-Mart, Tim Hortons and Home Depot are moving in. These companies do a lot of work on demographics and income before deciding where to locate. You can get a big picture look at vacancy rates at settlement.org, a federally funded site that helps immigrants with information and resources to settle in Canada. • Use a real estate agent who also is an area investor. Ask them to show you their properties and the rents. Ask for the names of other investors they have helped. Call them. Make sure they have a team of professionals you can use, such as property managers, insurance advisers, mortgage brokers, home inspectors, accountants and lawyers. • Once you own more than four rental units, find a reliable property manager. You don’t want to take a call in the middle of the night. A rule of thumb is that you should allocate up to 10 per cent of monthly rent to a property manager. They will make sure your building is properly maintained and can help find tenants. • Do not be in a hurry to rent a vacant unit. Take your time to qualify any potential tenant, since it can take months to evict a problem tenant. Call all tenant references, ask for a current pay stub and speak to at least two prior landlords. Where possible, require the tenant to pay for utilities. The tenant will have to apply to the utility company for an account, which amounts to an extra credit check being done by the utility company. • Be careful with basement apartments and homes rented to students. Although these units can provide additional income, you must make sure that they are legal, comply with the fire code and have any required licenses to operate. • Buy and hold your property for the long term. This way, you have an income and slowly start to pay down your mortgage. • If you are investing with others, have a partnership agreement. Problems may occur later if the friendship breaks down, especially if one partner loses their job and cannot pay their share of expenses, or if one partner wants to sell while the other does not. With a partnership agreement, you can provide what will happen in these situations in advance, without having to pay costly legal fees to figure it out later. Investing in real estate is not easy. But by taking the proper precautions, it can be very rewarding.
Ray Silvestri, AMP Mortgage Planner FSCO AGENT #M08002781 BROKERAGE #10287
184 Plains Rd East, Burlington, Ontario L7T 2C3 P 905 634-6111 x112 F 905.681.6463 E ray@raysilvestri.ca W www.raysilvestri.ca
Follow me on: Facebook/ Ray Silvestri Mortgage Architects | Twitter / Mortgageadvise | Linkedin 11253537_2912
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Volume 12 Issue 08
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Hamilton
Commercial Real Estate & Business Opportunities
brokerage
GREAT OPPORTUNITY!!
$1,009,000
FABULOUS LOCALE!
$699,999
BEAUTIFUL building with amazing features, totally renovated inside & out to showcase elegance & taste while preserving the architectural details! Offering approx. 6300 sq. ft. of space PLUS parking for up to 40 cars. Features updated roof, plumbing, electrical, HVAC & more! Just steps to the thriving JAMES NORTH ARTS community, Copps Coliseum & downtown, this is the place to be! Please call Colette Cooper, Broker at 905-522-3300 or email cooper@judymarsales.com
Prime Dundas location w/ approximately 1.72 acres! Buildings are approx. 22,750 sq. ft. Currently zoned light industrial, redevelopment potential; concept plan and reports are available. Buyer to verify zoning and future use; tenant occupied; financial info available through LBO. All appointments through LBO, do not go direct. Please call Larry Szpirglas, Broker/Manager at 905-648-6800 or email szpirglas@judymarsales.com 2912_DJW_0453 2912_DJW_0454 2912_DJW_0467
Larry Szpirglas
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Colette Cooper
Broker/ Manager szpirglas@judymarsales.com
Broker cooper@judymarsales.com
Š1988
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Volume 12 Issue 08
Commercial Real Estate & Business Opportunities
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Escarpment Realty Inc., Brokerage 860 Queenston Road, Stoney Creek INDEPENDENTLY OWNED AND OPERATED
Frank Angelone
545-1188 1-800-567-6257 (905)
Sales Representative
Get the POWER OF EXPERIENCE working for you • More Exposure • More Market Knowledge • More Expertise • More Satisfied Customers
For information email: fangelone@rmxemail.com
DOWNTOWN STONEY CREEK Hamilton
Well maintained building with 4 units: 3 commercial and 1 large 2-bedroom apartment plus a full high basement. Excellent income. Loads of improvements. Please call Frank Angelone or Josy D’Amico, Sales Representatives 905-545-1188 or 1-800-567-6257.
FOR SALE OR FOR LEASE
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2912_DJW_0005
Coldwell Banker Pinnacle Real Estate, Brokerage
905.388.1110 / 1.877.938.1110 ramzi@ramzitwal.com | www.ramzitwal.com 775 Upper Wentworth St. Hamilton ON
for lease
business movers
2000 square space in a strip plaza in East end Hamilton. Suitable for retail store, nail salon, beauty shop/hair dresser or professional offices. Plenty of parking next to Municipal parking with excellent exposure. Asking $1,300 per month plus utilities.
Capture the market at its Spring Summer peak to maximize profit. Turnkey operation. Serving GTA for over 10 years, rated A+ by Better Business Bureau. Business is fully licensed and insured. 3 Big trucks, and 8 good men. Present and future bookings included in the sale. Seller willing to train.
1375 square feel unit located in the hub of Hamilton’s major shopping centre. High traffic & visibility. Access from 2 roads. Abundant parking, low TMI. Seconds to the Linc. Neighbours Limeridge Mall, Fortinos, Staples, McDonalds, Tim Hortons, Lessor will demise up to 1,500 square feet.
Business Upscale hair dressing, nail salon & aesthetic studio on a busy intersection near Limeridge Mall. Plenty of parking, established client base. 4 pedicure, 4 massage, 4 hair stations, 2 wax rooms. Willing to train.
2835 square feet unit located next to Limeridge Mall, Fortinos, Staples, McDonalds, Tim Hortons. High traffic & visibility. Access from 2 roads. Abundant parking, low TMI. Seconds to the Linc.
Investment Rare Hamilton Mountain investment opportunity on the corner of Upper Wentworth and Mohawk Rd. Zoned Residential/Commercial. Limeridge Mall vicinity. Two buildings fully rented. Excellent exposure with unlimited potential. Call for details. Bakery business established over 60 years presently family run. Fully equipped. Business distributes to most major food chains, delis & convenience stores. This sale includes a 3 Bedroom house, Business, land and building.
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Commercial Real Estate & Business Opportunities 11260244_2912 8646600_2912
state realty
905-574-4600
george kyprianou sales representative
E
ILL
V MS
sales representative
905.544.9909 desromi@on.aibn.com 1.800.277.9445
M
FOR OVER 30 YEARS
A
BE
PROPERTY SET UP AS RESTAURANT Great location for this property and set up as restaurant. Plus 3 bedroom, living quarters at the rear. It is licensed for 85 persons. The restaurant now is closed for the last few months. The owner is retired. It has been operating for over 24 years. For more information call George Kyprianou or Tony Nigro at 905 574 4600. 2912_DJW_0003
ER
ST
A NC
A
Business and property with great location and excellent exposure with signage. Presently operating as an auto repair shop, turn key operation, renovated office area with ceramic floors, new countertop and window air. Two bathrooms, alarm system. Extra income monthly from car sales.
COMMERCIAL SPACE FOR LEASE
Located on Garner Rd. West beside the Egg and I. It is a closed sports bar and restaurant. Approx. 4650 sq. ft. All the equipment is still in. The owner willing to clean and take everything out and willing to divide for retail. This location has a lot of potential. It is just west of Wal-Mart. For more information call George Kyprianou or Tony Nigro at 905-574-4600. 2912_DJW_0004
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realtors get your 4plex deals closed! We package multi-unit properties with mortgage pre-arranged with our preferred lenders. This has proven very successful, as most commercial deals die due to financing, and with our lender relationships, we tailor the property income to the debt, allowing a Qualified Buyer to buy a “turn-key” investment property. IF you havE a TrIpLEx, FourpLEx, mIxEd usE, muLTI-pLEx anyWhErE In onTarIo pLEasE CaLL us asap
4pLEx morTgagE program Exclusively offered in partnership with:
$1,300,000 6 Plex in Hess Village, located at the corner of George & Queen Streets. This is a brick two storey, 6200 sq ft mixed-use building. A landmark property in Hamilton, ideal for any Investor’s portfolio. 2912_dJW_0019
receive alerts for 4plex opportunities Just send email to:
Call:
Lijoy Ulahannan Lic# 11514 Mortgage Broker & Commercial Realtor
info@fourplexmortgage.com 647.547.2122 Ext. 119 Toll Free: 1-855-547-2122
Please say you saw it in The Commercial Investor
11250884_2912
®
Percy fulton ltd., brokerage
Hamilton
Rhiannon Cook
broker of record
O UR C O M
ITY
Mike Desrochers
G IN
UN
987 rymal road east hamilton, on, l8W 3m2
Years of Experience Makes a Difference
SER V
independently owned and operated broker
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Commercial Real Estate & Business Opportunities
Volume 12 Issue 08
businesssavvy
Canadian business leaders see social media as competitive necessity Yet many view digital participation as an obligation as opposed to an opportunity
C
anadian companies are starting to recognize
Very few (11 per cent) are dissatisfied with the results they have achieved, although a third are unsure of the extent of their success. When asked to identify their top three social media objectives, business leaders typically say that they aim to:
the power of online engagement through social media.
~ Gauge market interest in a particular product or service that they are offering
The majority feel that social media
~ Conduct more general forms of market research
offers an invaluable competitive advantage. However, many also believe that online engagement is something they would rather not engage in, but increasingly feel obligated to implement. Interestingly, Canadian businesses of all kinds are currently using social media; however, social media use is most prevalent within large, youthful organizations - especially those with 500 or more employees (78 per cent) - and least common within organizations that are led by older Canadians over the age of 50 (54 per cent do not use social media). According to a quarterly survey of Canadian businesses commissioned by UPS Canada and conducted by Leger Marketing, more than half (55 per cent) of business leaders say they use social media for business purposes, such as market research, promotion and client relations. Social networks such as Facebook and Google+ (82 per cent) are the preferred destination for businessrelated pages, while sites such as Twitter (48 per cent) and YouTube (47 per cent) are also heavily utilized by members of the business community. “Social media represents a powerful and costeffective tool that, when used properly, can help any business grow,” says UPS Canada Director of Small Business, Paul Gaspar.“Canadian businesses are operating in an increasingly competitive global market and by using social media, firms can broaden their existing brand equity while building real relationships with current and potential clients.” Social Media Objectives and Resources The majority of business leaders (62 per cent) who have chosen to engage with social media for business purposes say their efforts have been met with success.
~ Strive to reach out to peers and develop knowledge-sharing networks within their respective industries Despite acknowledging the persuasive power of social media and growth potential it offers, most organizations still dedicate few resources to building an online presence. The majority (54 per cent) spend less than two per cent of their budget on social media while nearly half spend less than five hours a week on their online profile. In the case of smaller business, owners are typically responsible for building a social media profile, while in larger companies employees at the director level tend to take charge of this task. GelaSkins, a Toronto-based company that manufactures skins and cases for technology devices, has relied heavily on social media to help build its brand since its inception in 2005. “We quickly became aware of the strong connection that social media creates between our business and our customers,” says Jamie Pichora, co-founder, GelaSkins Inc. “We have maintained an active presence online since day one and continue to love the way social media lets our personality shine and also gives our customers and fans a voice to communicate back.” Time constraints and a lack of technical know-how are the two most noteworthy obstacles business leaders face when integrating a social media strategy into their business plan. A lack of knowledge of social media is particularly prohibitive for those business leaders over the age of 50 as 36 per cent highlighted this to be the greatest barrier they face. A quarter of business owners say the greatest obstacle preventing them from implementing a social media strategy is that the medium simply does not fit well with their business or industry. Only one in ten cite a lack of human resources as the most significant barrier to adapting social media to promote and grow their business.
About the survey From May 14 to 20, 2012, Leger Marketing conducted an online survey among a sample of 255 Canadian business decision makers (CEO, executive level, senior managers). The margin of error for a sample of this size is accurate within 6.14 per cent, 19 times out of 20. About UPS UPS (NYSE:UPS) is a global leader in logistics, offering a broad range of solutions including the transportation of packages and freight; the facilitation of international trade, and the deployment of advanced technology to more efficiently manage the world of business. Headquartered in Atlanta, Ga., UPS serves more than 220 countries and territories worldwide. The company can be found on the web at UPS.com and its corporate blog can be found at blog.ups.com. To get UPS news direct, visit pressroom.ups.com/RSS. The Canadian Chamber of Commerce is the vital connection between business and the federal government. It helps shape public policy and decision-making to the benefit of businesses, communities and families across Canada with a network of over 420 chambers of commerce and boards of trade, representing 192,000 businesses of all sizes in all sectors of the economy and in all regions. News and information are available at www.chamber.ca or follow us on Twitter @CdnChamberofCom.
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Volume 12 Issue 08
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Commercial Real Estate & Business Opportunities
Truly, these are good days to be in the purpose-built rental apartment industry. Over the past five years rental apartments outperformed all other sectors in the real estate industry. They were the first to recover from the 2008 recession. Vacancy rates have dropped to new lows and average rents have increased dramatically. Investment companies have made rental apartments the centrepoint of their growth strategy. Demographic shifts suggest that the demand for apartments won’t be fading for the foreseeable future.
And yet, when times are good, those of us who wish to enjoy our years, not only now, but in the next boom, should be asking ourselves how long these good times can last. When it comes to investments, it pays to be prudent, and protect yourself from the fickle nature of the marketplace. Canada’s record prices in the purpose-built rental apartment industry are a function of record low cap rates. These cap rates can be considered like a rocketship (albeit one cruising close to the ground rather than rocketing into the stars), where the lack of apartment supply versus demand is the rocket itself and the low interest rates are the fuel. Therefore, our cap rates, and the prices they’ve produced, can only be sustained with continued low interest rates. Economists have predicted an increase in interest rates for years, and while rates continue to defy expectations, it is prudent to say that there simply isn’t room for interest rates to go any lower. Over the long term, there is only one direction interest rates can go. Another factor to be aware of in the long term outlook of cap rates is the increasing age of Canada’s apartment stock. As the need for capital investments increases, so too will cap rates. Given this outlook, it may be prudent for the owners of small or moderate portfolios to look at their buildings and sell the underperformers. The funds realized from such sales can then be reinvested in capital improvements of the other properties in the portfolio, reducing overall operating expenses and increasing one’s bottom line. In my experience, building owners are often reluctant to sell. They find the process intimidating, or they’re unsure what steps to take in minimizing the taxes that come owing upon a sale. There are a number of steps you can take, both to ensure you earn the highest price possible on a sale, and to minimize the taxes you’ll have to pay, and an experienced broker can walk you through this process so you can manage your investments with confidence. But the purpose-built rental apartment marketplace is still going strong and there are plenty of good deals to be had, especially if you can pick the right areas to make your investment. A number of neighbourhoods in Canada’s cities have just started their gentrification process, and getting into the ground floor, buying and renovating old stock, can reap considerable returns as the building repositions itself with the surrounding marketplace. This will be the subject of my next online seminar, as I speak with special guest Phil Deschenes of Veritas Valuation about the Best and Worst Places to Buy or Build Apartments in Ontario. This free webinar will debut on Wednesday, July 25 at 11 a.m. EDT, and you can sign up by visiting www.rockaptadvisors.ca/webinar-july.html These are good times to be in the purpose-built rental apartment industry, but investing can be an intimidating prospect to those unfamiliar with the marketplace. It is always easier to invest with confidence with the help of a well-informed and experienced broker.
Provided by Derek Lobo CEO & Sales Representative, Rock Apt Advisors Inc., Brokerage 1-800-898-0347 | www.rockaptadvisors.ca
Please say you saw it in The Commercial Investor
10785438_2912
Hamilton
Indeed, so far this year, Ontario has seen 119 sales of apartment buildings totaling over $670 million. The average price per unit sold was a remarkably high $148,000/unit, with one deal achieving a sale price of $605,000/unit (this data is courtesy RealTrack.com). Cap rates have compressed so that 5% is more often a ceiling than a floor, and buildings are selling for some of the highest prices in Canadian history.
Volume 12 Issue 08
Commercial Real Estate & Business Opportunities
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Grimsby, ON |
Andrew & Debra
905-945-0660
Paul R.J. Martindale (Broker of Record) WESTDALE - FOR LEASE
SaleS repreSentativeS
Calling all teachers!
Hamilton
$139,000. Visit at www.debrafurry.com
Affordable Opportunity COMMERCIAL SPACE (287 SF) AVAILABLE. High volume traffic area beside bus stop, ground floor of mixed use building at easterly side of WESTDALE VILLAGE. Walking distance to McMaster w/ parking available. ‘H’ zoning allows for many uses including office/ consultants, variety store/coffee shop & more. Well managed & clean property. $600/month includes T&M. Tenant pays hydro (&heat) only. Visit our website & click on ‘apartments for lease’, then choose 782-6 King Street location for exact layout. Contact Paul Martindale to book a viewing today! 1712_DJW_1_0048
‘Offering Independent, Objective Advice... Because We’re An Investment Company First.’ 15+ years Private Realty & Commercial Investment Experience
Here is your chance to own a turn-key business and share your knowledge. Oxford is an established franchise with a great support structure. This totally renovated unit has been updated to all of Oxford’s specifications until 2015. Great high-traffic location in a growing community with easy access to QEW & ample parking. Don’t miss this fantastic opportunity to be your own boss! 2912_DJW_8013
... to run your own business in this busy plaza. Ideal for numerous uses. High traffic location close to all amenities. Ample parking. Approx. 800 sq ft of space, including 1 washroom, refrigeration room and rear entry for deliveries. Call for more details or visit at www.debrafurry.com 2912_DJW_0040
Wow! $900/mth + TMI
11261617_2912
BE SEEN IN THE LIMELIGHT! Highlight your hot, new and unique listings. Feature 2 properties and your agent photo in a full colour quarter page ad.
11261756_2912
Reserve your space today! 416-784-5060.
Please say you saw it in The Commercial Investor
Volume 12 Issue 08
35
Commercial Real Estate & Business Opportunities
Visit my website
250 Main St. W. Hamilton Suite #1
905-522-6001
BROKER
905-527-6713 Cell: 905-518-6713
Office:
FORMER QUEENS TAVERN
Contact Today!
$499,000 Great retail space with total area of 6,000 SF in the heart of vibrant Ottawa St. Business District, former Queens Tavern/Bar. Possible redevelopment project to add 2nd floor apartment through facade improvement grants & loans from City of Hamilton.
2912_DJW_0452
HAMILTON CENTRE 3 STORES/3 APTS
$449,900
Contact Today!
$895,000 Great location. 12,000 SF 6 commercial units at ground floor and 8 apartment units above. Ample parking. Lot size: 107.3 x 158 ft. Possible land assembly with adjacent properties presently for sale.
2512_DJW_1_0458
2512_DJW_2_0461
Great location on Main St. for variety of office use. Suits professional offices. Possible mixed used of office and residential use. Stately building with old world charm with modern office decor. New addition and improvements. On site parking with easy access, corner lot. Contact LB for floor plans and lay-out.
HAMILTON CENTRE 14 ROOM RENTALS/ 2 RETAIL STORES
$689,900 Magnificent Century Home converted to 9 well-appointed modern apartments. High ceilings, marble fireplaces, tenant parking, separate hydro meters, on site laundry, Trendy South Central Hamilton location near International Village/Downtown and Stinson School Loft Condo Development.
BANQUET HALL AND BAR
Contact Today!
2512_DJW_1_0455
$799,000
HAMILTON CENTRE RETAIL BUILDING
Commercial/Residential corner bldg. located on busy intersection of Cannon & Ottawa St. in the vibrant Ottawa St. Business District. 14 rental rooms (some rooms have private bath) plus 2 retail stores.
Contact Today!
$595,900 Great opportunity previously occupied by Superior Signs. Approx. 6,000 Sq. Ft. Property is part of Land Assembly with 734 King East and 756 King Street East also for sale.
Contact Today!
2512_DJW_2_0459
$54 9,900
HAMILTON CENTRE - COMMERCIAL BLDG. 70,000 SF APPROX.
Located near the new Centre Mall redeveloped Power Centre & walking distance to the vibrant Ottawa St BIA. Est bar/banquet facility approx. 20,000 SF licenced bar for 393 persons, banquet hall for 400 people with additional 60 persons on mezzanine. Fully equipped kitchen. 50 parking slots at rear. 2 commercial units: Antique store leased at $900 and Beauty Supply Contact Today! Store leased at $450 monthly. 2512_DJW_2_0433 $599,900 Real Estate and Business.
PROPOSED DEVELOPMENT SITE
$349,900 Excellent apt building with 2 stores, 2 units – 3 BR and 2 units - 2 BR. Busy area of Barton St. Building has undergone major improvements. Parking at rear.
2912_DJW_0450
Contact Today!
Contact Today!
HAMILTON CENTRE 2 STORES/4 APTS.
Contact Today!
2512_DJW_1_0456
MAGNIFICENT 9-PLEX
Contact Today!
$525,000
2512_DJW_1_0460
Excellent corner building. Lots of improvements 3-2 br apts. Completely renovated. All untis have independent heating and hydro. Across from McDonalds and near Ivor Wynne Stadium.
HAMILTON CENTRE - COMMERCIAL/ RESIDENTIAL BLDG.
OFFICE BUILDING CENTRAL HAMILTON
$2,200,000
Contact Today!
Landmark “Mr. Used” building, approx. 70,000 SF fenced compound. Currently used for 2nd hand salvage, antiques, furniture, restaurant equipment. “Mr. Used” sells it all! Great opportunity for conversion i.e. condo, multi-storage facility etc.
2512_DJW_2_0457
HAMILTON CENTRE 6 APT. UNITS
Development site close to downtown 3 street frontages. Owner making rezoning application to high density development. Rare opportunity along major artery with projected LRT Transit route “NODES’ & intended urban intensification by City of Hamilton.
2512_DJW_0449
Please say you saw it in The Commercial Investor
$359,900
Formidable bldg. 6 apt. units in the Heart of Vibrant Barton St. Boulevard. bldg. Had major improvements. New steam boiler 2011, newer windows, new steel rear balconies & aluminum fascia in 2009. Rear parking. Located in merchants BIA District of Barton St. Contact Which has RRAP grants & Today! loans avail. to tenants & 2512_DJW_0450 landlords.
8471320_2912
HAMILTON INCOME PROPERTIES
Hamilton
Augie Ammendolia
(just West of Queen St.) L8L 1J6
36
Volume 12 Issue 08
10339498_2912
Commercial Real Estate & Business Opportunities For further information:
John Hryczynski BROKER
(905)
529-5900 x
240
john@bbsrealty.com www.bbsrealty.com Commercial Real Estate
EMAIL:
REAL ESTATE BROKERAGE
COMMERCIAL REAL ESTATE SALES AND LEASING SERVICES
WEST HAMILTON MOUNTAIN
RETAIL/OFFICE FOR LEASE 2912_DJW_1_0092
2912_DJW_3_0051
RETAIL/OFFICE FOR LEASE
2912_DJW_2_0458
RETAIL/OFFICE FOR LEASE
CENTRAL MOUNTAIN LOCATION
RETAIL/OFFICE FOR LEASE
RETAIL/OFFICE FOR LEASE
NEW MEDICAL BUILDING FOR LEASE
EAST HAMILTON MOUNTAIN
Very busy retail plaza, prime East Mountain location. Good signage exposure and abundant on-site parking. Many national tenants in complex with a good mix of retail & office uses. Economically priced retail space available: 1287 sq. ft., asking $10.95/sf net and 1,756 sf office unit, asking $16.96/sf gross. Move-in condition.
EAST HAMILTON Low Rental Rates! Attractive neighborhood retail plaza in the heart of a mixed Density residential area with easy access to the new Red Hill Expressway. Retail units from 800-2060 sf, net rent from $9.95 - $13.95/sf and economically priced finished office space from 900-3500 sf, net rent from $7.95 - $11.95/sf. Ideal for professional office or medical uses. Abundant parking. Immediate possession. Landlord may assist with improvements.
2912_DJW_0075
Located on a major arterial road across from Willow West Mall. Many national tenants on this power retail strip. Rare vacancy, excellent end cap location and frontage. Ideal for most other retail/office uses. Unit size 3,400 sf, Lld may divide and assist with improvements. Loads of parking and good access. Asking only $13.95/sf net.
2912_DJW_2_0475
Immediate possession. An attractive multi-tenant retail plaza located on a major arterial. Close proximity to Limeridge Mall and the expressway. Excellent tenant mix with medical, professional office and retail units. Available: Unit 2 - 2,550 sf & Unit 7 - 1,175 sf, ideal for most medical, office or retail uses. Asking only $11.49/sf net. Immediate possession. Premises are in move-in condition. Abundant parking.
2912_DJW_1_0237
Hamilton
170 SILVERCREEK PARKWAY NORTH, GUELPH
Prime West Mountain location with minutes to Ancaster Meadowland’s Big Box District. Available space includes a prominent free standing 20,474 sq. ft. building, previously used as a grocery store, featuring high ceilings, excellent frontage & exposure, dock loading and loads of parking. Also available are in-line units from 2,000 sf to 8,839 sf. Ideal for most retail/office units. Call LA for details.
135 FENNELL AVE. E. AT WEST 5TH
Incredible exposure at this premium location on Mohawk College campus across from the new St. Joseph’s complex development. New medical office building to be constructed with contiguous suites from 1,000 sf to 20,000 sf. Suites provided base-building complete + inducement packages of up to $40 psf. On site parking available. Call agent for leasing details!
Please say you saw it in The Commercial Investor
Volume 12 Issue 08
Commercial Real Estate & Business Opportunities
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
Greater toronto area COverIng: Ajax • Alliston • Bowmanville • Bradford • Bolton • Burlington • Brampton • Concord, • Durham Region • Etobicoke • Georgetown • Georgina • Keswick • Markham • Milton • Mississauga • Newmarket • North York • Oakville • Oshawa • Pickering • Richmond Hill • Scarborough • Schomberg • Sutton • Toronto • Tottenham • Thornhill, Vaughan • Whitby • Woodbridge
For advertising information contact Doreen Wills Tel: 1-800-268-0077 • 905-570-9283 doreen.wills@wall2wallmedia.com • thecommercialinvestor@wall2wallmedia.com notes: ______________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ Please say you saw it in The Commercial Investor
37
38
Volume 12 Issue 08
Commercial Real Estate & Business Opportunities
Keyvan
416-494-7653 1-877-709-9849
Shahrokhi
Broker HALLMARK REALTY LTD. BROKERAGE
Over 25 years of Franchise Experience
Cell:
416-704-9696
www.keyvanweb.com
FIT FOR LIFE Country
INTERNATIONAL NEWS Brampton Busy Area Lotto
Ottawa Busy Area Lotto
Kanata Mall Locations
Toronto downtown 5 days Lotto
Toronto Downtown 5 days Lotto
$15,000
$85,000
$95,000
$100,000
$125,000
TREATS
Toronto Mall Location
Toronto Busy Area
$129,000
$199,000
1% CLUB MEMBER
11260159_2912
For more Business Opportunities, Visit:
TIMOTHY’S COFFEE
245 Fairview Mall Dr. Suite 108 Toronto, ON M2J 4T1
Toronto Toronto Office Building Office Building 5 days 5 days
Style
Toronto Downtown Food Court
Toronto Downtown Mall Location
Toronto Downtown
$80,000
$120,000
$279,000
SECOND CUP
DRUXYS
Oakville Busy Area
Toronto Office Building
MR. SUB Toronto Busy Area
Pickering Busy Area
$129,000
$99,000
$299,000
$229,000
$429,000
$69,000
Electric Shop
Esso
Toronto Downtown Spend over $200K
Store
Pizza Mama
Toronto Mall Location
Design and Renovating
Quiznos Sub
Richmond Hill Next to High School
Building, Land, Business
Toronto Showroom
Toronto Downtown
$39,000
$29,000
$149,000
$289,000
Restaurant Convenience
$30,000
from Toronto
Toronto Downtown 5 Days
$113,000
$49,000
One Hour Drive
PhaseOne PhaseTwo SiteRemediation Environmental Site Assessments
For ~ purchasers ~ vendors ~ realtors and lenders 8297113_2912
Greater Toronto Area
$69,000
Gas Station With land West of Toronto
Borehole Drilling Soil Sampling Groundwater Testing
Underground Tanks Asbestos Removal Demolition
~ Fast turnaround to meet closing deadlines ~ ~ Cost effective assessments by experienced environmental scientists ~ ~ Over 15 years of experience assessing Commercial, Industrial & Residential Properties for Brokers, Property Management Firms & Financial Institutions ~ Please call to receive our free report on new changes to environmental regulations ~
905.825.2943 871 Equestrian Court, Oakville
~ Servicing All of Southern Ontario ~ Please say you saw it in The Commercial Investor
Volume 12 Issue 08
39
Commercial Real Estate & Business Opportunities
8975448_2912
FANTASTIC PORT CREDIT LOCATION WITH A LIVE/WORK OPTION! 1200 SQ FT RETAIL SPACE ON MAIN FLOOR + 1200 SQ FT IN BSMT! ONE BDRM SUITE ON RENT WITH GREAT TENANTS! EXCELLENT OPPORTUNITY FOR OWNER, USER OR INVESTOR!
IDEAL CORNER LOCATION! STORE WITH 3 APARTMENTS! IDEAL FOR INVESTMENT! TOTAL MONTHLY REVENUE IS APPROX $4500/MONTH! TOTAL AREA OF $3300 SQ FT!
BRAND NEW 1,535 SQ FT UNIT IN A NEWLY DEVELOPED PLAZA! TONS OF PARKING, EXCELLENT EXPOSURE! IDEAL FOR PROFESSIONALS & SMALL BUSINESS OWNERS!
PROFITABLE PRINTING SHOP IN BUSINESS FOR THE LAST 38 YEARS! TONS OF POTENTIAL! OWNER WILLING TO TRAIN! OVER 400K GROSS PER YEAR! 100 K IN EQUIP & 100K IN SUPPLIES INCL IN SALE PRICE!
WELL ESTABLISHED PIZZA FRANCHISE! IN BUSINESS FOR 23 YEARS! VERY PROFITABLE (ALL FINANCIAL STATEMENTS AVAILABLE), WILLING TO TRAIN, IDEALLY LOCATED TO SCHOOLS & AMENITIES! TURN KEY OPERATION!
2912_DJW_1_0410
$195,000
2912_DJW_0412
$390,000
2912_DJW_1_0408
$460,000
Greater Toronto Area
GREAT LOCATION TO OWN, LEASE OR USE! PRIME PORT CREDIT LOCATION! 1200 SQ FT RETAIL SPACE WITH ADDITIONAL 1192 SQ FT IN BSMT! GORGEOUS 2 BDRM APARTMENT WITH SKYLIGHTS, POT LIGHTS, HARDWOOD & W/O TO THE DECK!
2912_DJW_1_0407
$800,000
2912_DJW_1_0406
$900,000
2912_DJW_1_0405
$950,000
2912_DJW_2_0404
2912_DJW_1_0403
2912_DJW_2_0402
Sam McDadi Real Estate Inc., Brokerage
$190,000 WELL ESTABLISHED LIGHTING & SUPPLY COMPANY! GREAT EXPOSURE THROUGHOUT THE GTA & SOUTHWEST ONTARIO! ONGOING TRAINING PROVIDED, $75K INVENTORY, YEARLY REV BETWEEN $350-800K
$60,000 GREAT OPPORTUNITY TO OWN A WELL ESTABLISHED RETAIL STORE IN A BUSY MALL! $3279 PER MONTH RENT + TMI, NEW 5 YEAR LEASE AVAILABLE + OPTIONS, GROSS MONTHLY SALES BETWEEN 30-50K, ROOM TO GROW!
$55,000 PERFECT BUSINESS OPPORTUNITY FOR THE ANIMAL LOVER! WELL ESTABLISHED DAY CARE FOR DOGS! IDEALLY LOCATED WITH SUBWAY ACCESS! GREAT GROWTH POTENTIAL! $1300 RENT/MONTH!
Please say you saw it in The Commercial Investor
40
Volume 12 Issue 08
Commercial Real Estate & Business Opportunities John Ayoub
Real Estate Sales Representative (Sales and Leasing) Royal LePage Your Community Realty Residential, Commercial, and Investment Real Estate Member of TREB Commercial Division yorktorontorealestate@gmail.com
11261481_2912
$5,500,000
$1,390,000
NIAGARA FALLS 95 ACRES Vacant Rural Agricultural Land. Approx. 95 acres in a prime area of Niagara Falls. In the Township of Willoughby. Frontage on Niagara River Parkway and Extended West along Weaver Rd. Alongside “Legends Golf’. This land has great future development potential as alongside to million dollar estate homes. Fronts on three roads. Solid Investment Opportunity. Many current uses permitted. Current zoning allows for two dwellings on property. 2912_DJW_0046
INVESTMENT PLAZA Excellent Investment Property, free standing 8 unit Industrial/Retail Plaza, 9% plus cap rate, ‘Triple Net’ income of approx. Owner is selling & retiring after 26 yrs of ownership. Excellent location. Easy to maintain, long established tenants. Tenants cover all expenses, lots of parking spaces, 3 units operate as automotive & autobody & 1 tenant a Chinese Restaurant 3957 sq ft & Banquet Hall 3,916 sq. ft. below. New sprinkler system 2010. Solid structure!!! 2912_DJW_0018
$130,000
$110,000
WATER DISTRIBUTION BUSINESS Well established Water Distribution Company in Toronto. Seven Springs Aqua Life-has been in business for 25 years. Providing ‘Reverse Osmosis Water’ & equipment to both homes & offices etc. With a client base of approx. 850 clients. They also provide installation of water filter equipment, ex-water coolers, under counter filter system, top counter filter system, shower heads, etc. Both sales & service. This is a high profit margin business. Owner retiring after 25 years. 2912_DJW_0016
MEDITERRANEAN RESTAURANT Well established Mediterranean Restaurant & Grill in Vaughan. Located in high traffic area, eat in or take out as well as catering. Featuring a Mediterranean menu, as well as full liquior license. Restaurant seats 35 patrons, excellent clientelle. new decor & equipment. Potential for additional 20 seats on top section. Affordable rent & good lease in place. Lots of potential to expand. Turn key operation or ideal for catering establishment, cafe or social club. 2912_DJW_0015
$139,900
CAR RENTAL BUSINESS Established and profitable Car Rental Business close to the Airport, in operation for over 4 yrs, turn key franchise, good client base, mainly insurance replacement customers, a large fleet of over 40 cars, minimal franchise fees. Excellent location. On site car preparation, 5 day operation, excellent lease & low overhead* 2912_DJW_0017
$69,000
SUPERMARKET/TAKE OUT Established Food Market & Restaurant, Dine In or Take out facilities in a busy plaza with anchor tenants. Excellent for a family business, selling variety, groceries, bulk food, cigarattes. Also serving Middle Eastern & North American Cuisine-Shawarma, Kabob, etc. Seating for 11 patrons. Very profitable and easy to manage business. Annual sales approx 2912_DJW_0014 $260K per year with a high profit margin.
Greater Toronto Area
WANTED - ToroNTo high risE DEvElopmENT siTE WANTED - iNvEsTmENT propErTiEs for quAlifiED buyErs
www.yorktorontorealestate.com
11261839_2912
Please say you saw it in The Commercial Investor
Volume 12 Issue 08
41
11251605_2912
Commercial Real Estate & Business Opportunities
ApArtment buildings
THE BEACHES
FOR SALE OR LEASE
• Fourplex with Commercial Cabbagetown, Toronto 76K NOI Principles only
D
L SO
• Legal Duplex Com/Res Downtown Toronto $695K. • Downtown Toronto 22 unit building detached. Principles only
Amazing office space with 14,689 sq ft. Partially rented with AAA tenants. Divisible office/retail space for lease. 2912_DJW_1_0041 Contact for more info.
4 Res units, 2 Com with NOI $110K. Call or scan QR 2912_DJW_1_0481 code for details.
HOTEL/MOTEL/COMMERCIAL FOR SALE OR LEASE
COBOURG, ONTARIO
• Brussels, Ontario - 3 Res Apartments, 2 stores, 6 offices and large event venue 9000 sq ft $595,000
retAil/commerciAl leAse • Prime luxury retail opportunity perfect for a flagship store. Facing on BLOOR! Principals only
11242220_2912
34 Room hotel, over 15,000 sq. ft. 4 extra large divisible bar/rest spaces including adult ent and club. Call for more 2912_DJW_1_0482 info.
An old mansion perfect as a B&B, spa or residence over 6500 sq ft plus 2600 sq ft coach house. Located minutes from downtown and train station. Principles only. Call for more info. 2912_DJW_2_0044
michael@tag-realty.ca
BRaNtfoRd
Block of 14 Condos available!
Located in Brantford ON. A block of units available for an investor who may enjoy (majority control). 1-14 condos available in a 23 unit condominium. This building was beatifully converted less than five years ago and is centrally located on a prestigious street. The units are large, attractive and light filled. Financials available. Attractive financing terms. Management in place. Good solid investment. Please see website: 54dufferin.com for more info
NEW CoNdos HamIltoN, oN.
a block of 5 units available!
NEW PRICE
24 Units in Grand Valley!
For an investor who may enjoy (majority control). Available in a 11 unit condominium. This MODERN building is beautifully converted and awaiting finishes. It is centrally located in an emerging area. The units are large, attractive and light filled. Financials available. Attractive financing terms. Asking $119-212K per unit. Management in place. Good solid investment.
Please say you saw it in The Commercial Investor
Investment opportunity: 24 units in developing Grand Valley ON. This solid investment is centrally located close to Orangeville and all amenities. Owner has spent approx. 200K in upgrades, new roofs, windows, many new kitchens and baths. Tenants pay own utilities. Each building separately deeded and equipped with pay-laundry facilities. Financials available. Gross income $224,328. Asking $1,999,500 won’t last long.
Greater Toronto Area
Hotels • 14 room hotel with bar/commercial Highway, Orillia Principles only • 12 Room hotel with commercial/bar, Wallaceburg, $375,000
42
Volume 12 Issue 08
Commercial Real Estate & Business Opportunities
FREE 24-HOUR RECORDED INFORMATION First Time Home Buyers & Real Estate Investors
✓ ✓ ✓ ✓
Percy Fulton Ltd. Brokerage
SEAN ROLAND Real Estate Broker
1-800-290-5164 Including All Foreclosures & Power of Sales
Power of Sales, Foreclosures & Distress Properties Below Market Fixer-Uppers & Tax Sale Properties Below Market Rental Properties, Positive Cash Flow Properties Up to $25,000 Cash-Back at Closing & ZERO Down Mortgages
9508017_2912
POWER OF SALES & FORECLOSURES
View Over 20,000 Homes For Sale Online
www.CanadaOnlineForeclosures.com
All Foreclosures View Over 20,000 Commercial Properties For Sale Including & Power of Sales
www.CanadaOnlineForeclosures.com
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$2 899/ 2 M RO 4, ON DO 90 TH W 0
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Sean Roland Real Estate Team 1-800-290-5164 ID#5113 FREE 24 HRS RECORDED INFO
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Sean Roland Real Estate Team 1-800-290-5164 ID#5123 FREE 24 HRS RECORDED INFO
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LUXURY FAMILY SIZE CONDO
www.GtaPowerOfSales.com
Sean Roland Real Estate Team 1-800-290-5164 ID#5121 FREE 24 HRS RECORDED INFO
$2 LY $ 4 94 RO 9, 9/M DO 90 TH W 0
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BRAND NEW LUXURY CONDO
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Sean Roland Real Estate Team 1-800-290-5164 ID#5112 FREE 24 HRS RECORDED INFO
ST A $1 RTIN ZE 9 G RO 9, FR DO 90 OM W 0 N
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Sean Roland Real Estate Team 1-800-290-5164 ID#5111 FREE 24 HRS RECORDED INFO
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DOWNTOWN NEW LUXURY CONDO
DOWNTOWN NEW LUXURY CONDO
LUXURY FAMILY SIZE CONDO
DOWNTOWN NEW LUXURY CONDO
Sean Roland Real Estate Team 1-800-290-5164 ID#5131 FREE 24 HRS RECORDED INFO
Sean Roland Real Estate Team 1-800-290-5164 ID#5132 FREE 24 HRS RECORDED INFO
Sean Roland Real Estate Team 1-800-290-5164 ID#5133 FREE 24 HRS RECORDED INFO
WE WILL BEAT ANY BANK RATES GUARANTEED! Interest Rates as Low as
99% 2. How to Get the 3 Lowest rates in Canada FSCO License #10855
1-800-290-5164 EXT #7557 FREE 24 HOUR RECORDED INFO
✓ ZERO DOWN Mortgages ✓ 1st, 2nd, & 3rd Mortgages ✓ Bad Credit as low as 540 ✓ No Credit OK ✓ Self-Employed OK ✓ No Income Verification OK ✓ Refinance & Equity Take Out ✓ Debt Consolidations ✓ New Tax Deductible Mortgage ✓ Pay Off Your Home in 7 Years
We Work with Over 50 Banks, Trust Companies, Credit Unions, & Private Lenders
Please say you saw it in The Commercial Investor
Volume 12 Issue 08
43
Commercial Real Estate & Business Opportunities
FREE 24-HOUR RECORDED INFORMATION First Time Home Buyers & Real E Estate IInvestors
Percy Fulton Ltd. Brokerage
SEAN ROLAND Real Estate Broker
1-800-290-5164 Including All Foreclosures & Power of Sales
✓ Power of Sales, Foreclosures & Distress Properties ✓ Below Market Fixer-Uppers & Tax Sale Properties ✓ Below Market Rental Properties, Positive Cash Flow Properties ✓ Up to $25,000 Cash-Back at Closing & ZERO Down Mortgages
9508003_2912
POWER OF SALES & FORECLOSURES
View Over 20,000 Homes For Sale Online
www.CanadaOnlineForeclosures.com
All Foreclosures View Over 20,000 Commercial Properties For Sale Including & Power of Sales
www.CanadaOnlineForeclosures.com
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BEAUTIFUL DETACHED FAMILY HOME
FREE LIST OF FORECLOSURES
Sean Roland Real Estate Team 1-800-290-5164 ID#5211 FREE 24 HRS RECORDED INFO
Sean Roland Real Estate Team 1-800-290-5164 ID#5213 FREE 24 HRS RECORDED INFO
2912_DJW_0404
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4 BED 3 BATH DETACHED HOME
Sean Roland Real Estate Team 1-800-290-5164 ID#5222 FREE 24 HRS RECORDED INFO
Sean Roland Real Estate Team 1-800-290-5164 ID#5223 FREE 24 HRS RECORDED INFO
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$3 381 5 /M RO 9, ON DO 00 TH W 0
3 BEDROOM 3 BATH DETACHED HOME
BEAUTIFUL DETACHED FAMILY HOME
3 BEDROOM DETACHED HOME
BEAUTIFUL DETACHED FAMILY HOME
Sean Roland Real Estate Team 1-800-290-5164 ID#5231 FREE 24 HRS RECORDED INFO
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Sean Roland Real Estate Team 1-800-290-5164 ID#5233 FREE 24 HRS RECORDED INFO
WE WILL BEAT ANY BANK RATES GUARANTEED! Interest Rates as Low as
99% 2. How to Get the 3 Lowest rates in Canada FSCO License #10855
1-800-290-5164 EXT #7557 FREE 24 HOUR RECORDED INFO
✓ ZERO DOWN Mortgages ✓ 1st, 2nd, & 3rd Mortgages ✓ Bad Credit as low as 540 ✓ No Credit OK ✓ Self-Employed OK ✓ No Income Verification OK ✓ Refinance & Equity Take Out ✓ Debt Consolidations ✓ New Tax Deductible Mortgage ✓ Pay Off Your Home in 7 Years
We Work with Over 50 Banks, Trust Companies, Credit Unions, & Private Lenders
Please say you saw it in The Commercial Investor
Greater Toronto Area
ZE
ST A
$
N
N
$1 767/ 9 M RO 4, ON DO 90 TH W 0
$ RT ZE 19 ING RO 9, FR DO 90 OM W 0
(Including: Toronto, Etobicoke, North York, East York, Mississauga, Brampton, Oakville, Milton, Richmond Hill, Vaughan, Woodbridge, Thornhill, Markham, Newmarket, Scarborough, Pickering, Ajax, Whitby, & Oshawa)
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Commercial Real Estate & Business Opportunities
Volume 12 Issue 08
inthenews
Canadian businesses missing important steps to protect personal information stored digitally, poll finds Privacy Commissioner of Canada reminds businesses that when using technology to safeguard personal information, sometimes small steps can prevent a big loss Greater Toronto Area
C
anadian businesses are storing more and more personal information digitally, but many are not using the technological tools or implementing the recommended practices to protect this information, a new survey has found.
In a telephone survey of 1,006 companies across Canada, commissioned by the Office of the Privacy Commissioner of Canada (OPC), and published recently, companies are storing personal information on a variety of digital devices, such as desktop computers (55 per cent), servers (47 per cent) and portable devices (23 per cent). Most (73 per cent) are using some type of technological tool, such as passwords, encryption or firewalls, to prevent unauthorized access to the personal information stored on these devices.
However, the survey also suggested that many businesses may not be adequately using technology when it comes to protecting the personal information they store digitally. For example, passwords are the most popular technological tool used by businesses to protect personal information (96 per cent). However, of those using passwords, 39 per cent do not have controls in place to ensure that those passwords are difficult to guess, and 27 per cent never require employees to change passwords. “Using passwords is like locking your front door. They can be a very simple and effective way to protect valuable personal information,” says Commissioner Stoddart.“But simply setting a password is not enough to thwart today’s savvy online criminals – passwords must be complex and dynamic.” The poll, conducted in late November and early December 2011 by Phoenix Strategic Perspectives, also found that nearly one quarter of businesses are storing personal information on portable devices, such as laptops, USB sticks or tablets, which are more vulnerable to theft and loss. Nevertheless, almost half of those who do (48 per cent) indicated that they did not use encryption to protect the information on these devices. Encryption refers to the use of a secret code as a key to scramble information to make it unreadable. Once the information is scrambled, only the same key can be used to unscramble the information and make it readable again.
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Commercial Real Estate & Business Opportunities
inthenews Other highlights of the poll include: One third (32 per cent) of businesses have staff that has had training on appropriate information practices and responsibilities under Canada’s privacy laws. Almost half (48 per cent) of businesses have procedures in place for dealing with complaints from customers who feel that their information has been handled improperly. Just over three in five businesses have a privacy policy. The majority of companies that have a privacy policy update it at least once a year (57 per cent) and of those that do, 35 per cent have notified their customers about the changes. Many companies (39 per cent) view protecting privacy as a competitive advantage, with 24 per cent seeing it as a significant advantage and 15 per cent a moderate advantage.
“Encryption is one step better than locking your doors – it is like putting information into a safe – and it can really help limit the risks if a laptop is stolen or a USB key is misplaced,” says Commissioner Stoddart. “Businesses that lose their customers’ data, lose their customers’ trust, so they need to take every precaution to ensure they safeguard personal information they hold.” The survey did find that many Canadian companies attribute considerable importance to protecting privacy (77 per cent).
The complete survey, which is considered to be accurate to within +/- 3.1 per cent, 19 times out of 20, can be found online at www.priv.gc.ca.
The Privacy Commissioner of Canada is mandated by Parliament to act as an ombudsman and guardian of privacy in Canada. The Commissioner enforces two federal laws for the protection of personal information: the Privacy Act, which applies to the federal public sector; and the Personal Information Protection and Electronic Documents Act (PIPEDA), which applies to commercial activities in the Atlantic provinces, Ontario, Manitoba, Saskatchewan and the Territories. Quebec, Alberta and British Columbia each has its own law covering the private sector. Even in these provinces, PIPEDA continues to apply to the federally regulated private sector and to personal information in interprovincial and international transactions.
“I am encouraged to see that companies are beginning to realize the importance of building privacy into their business processes,” said Commissioner Stoddart.“Smart businesses know that taking the time to build privacy in from the beginning is much easier than cleaning up a privacy breach down the road.” In fact, survey responses seem to suggest that companies are becoming more sensitive to the potential for data breaches. Only 40 per cent, however, indicated that they were concerned about data breaches that might compromise the personal information of their customers and 31 per cent indicated that they have guidelines in place for responding in the event of a breach.
Please say you saw it in The Commercial Investor
Greater Toronto Area
The OPC commissioned the survey in order to better understand the extent to which businesses are familiar with privacy issues and requirements, and the types of privacy policies and practices they have in place. Similar surveys were conducted in 2010 and 2007.
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Volume 12 Issue 08
Commercial Real Estate & Business Opportunities
Smart Choice Realty Solutions Brokerage Office: 416.743.2285 leohara@rogers.com
Leonardo Hara
647.668.4272
SaleS RepReSentative
www.leonhara.com PLAZAS: – Toronto $17.9 mil - Retail/Development opportunity with McDonalds – Toronto - never vacancy - 8.25 mil - 7.4% Cap Rate – AAA Tentant in Windsor - 7 mil - 7.5% Cap Rate – Shoppers Drug Mart - 400 km west - 6.1 mil
– – – – – – –
– Toronto - 6 mil - 5.5% Cap Rate newer plaza with A tenants – GTA - to be built with tenants already in place - 5.99 mil - 6.6% CR – Peterborough plaza - 4.9 mil - 9.5% CR - Sold Conditionally – Texas plaza - AA tenants - 4.85 mil - 10% Cap Rate – Fergus - 4.5 mil 9% Cap Rate
– 200 km West of Toronto - 2.6 mil - Net 190 k – Plaza - 130 km west -2.4 mil - 7.5 Cap Rate
ProjectS/deveLoPment, LAnd Orangeville 53 acres - Business Park - 4 mil 3 acres Scarborough - 1.6 mil - Industrial Zoning Waterloo Redevelopment - 1.6 mil. - 16 new condos to be built Orangeville 60 acres Estate Residential - 990K Orangeville 17 acres - Employment Area - 990K
– – – –
APArtment buiLdingS/moteL/hoteLS 36 unit building - 3.2 mil - Condo Status - 6.7% CR potential 104 apartments - 4.5 mil - 250 km West of Toronto Montreal 48 units building - 3.7 mil - 6.9% Cap Rate Orillia – 710 k – 7% CR – plus Development Approved for 18 Townhomes
– – – – –
feAtured LiStingS Mini Storage - 2 mil - 90 km West SC Kitchener - Medical Building - 1.95 mil - 7% Cap Rate Mississauga - Medical Building - 1.74 mil - 6.45% Cap Rate SC Burlington - Industrial - 16,400 sf plus 5,600 sf in the basement - 1.475 mil Office Building - Windsor - 1.285 mil - 11% Cap Rate
– Goderich - 1.5 mil - 24,000 sf - 8% Cap Rate – 200 km North - 1.4 mil - 10% CR - National Tenant as anchor – LCBO - Windsor - 630K - 7% CR – 280 km West - 5 unit plaza - 440K - 10% Cap Rate
LeASe Scarborough - 100,000 sf at industrial building - Great location Toronto Centre - office space from 700 - 9,000 sf Industrial/Office Flex - HWY 427/QEW 2500 - 58,000 sf Cambridge – Main Road - 28,000 sf Retail divisible – Only $8 per s.f. Toronto Eglinton/Yonge - 1700 and 2200 sf of retail space Brampton - 80,000 sf industrial M2 building Brampton - 2 acres - M2 - Outside Storage
– – – – –
– Stratford – 2.7 mil - 8% Cap Rate – Potential -11% – Mississauga plaza - 2.7 mil - 7.25% Cap Rate
8148048_2912
Greater Toronto Area
Let a real estate investor, manager & realtor help you sell, buy or manage properties, implementing optimal marketing, management and investing strategies...
LONDON INVESTMENT OPPORTUNITIES GROSS INCOME $152,740/YEAR Fully leased 22,370 sq. ft. Industrial Building on approx 1 acre, two “A” tenants, triple net leases, plus an additional approx 12K/ year Rooftop Solar Lease Contract ready to sign (no expense, no Buyer!), clean Phase 1 environmental report, new Membrane roof and lots of upgrades/improvements to building in last 3 years. Possible VTB to qualified Buyers. $1,450,000. 2912_DJW_0038
MEDICAL/DENTAL/OFFICE ZONING
476 Oxford Street at Maitland, London. High exposure plus excellent on site and street parking, current use is residential, large principal rooms, main floor laundry area, kitchen + courtyard retreat. Only $265,000. 2912_DJW_0039
previous
NEW CAR DEALERSHIP
EAST LONDON OPPORTUNITY!
14,643 sq. ft building on 1.57 acres, $1,0O0,000 renovation in 2002. Elegant showroom, 6 sales offices, 10 hoist service dept. plus reception/client area. parking for 97 cars, too much to list. $900,000.
BRIAN WATSON SALES REP 99 Horton St. E. London
(519) 657 - 2020 b _ w ats o n @ ro g e rs . co m
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Volume 12 Issue 08
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Commercial Real Estate & Business Opportunities
Tony Giannini Sales Representative
BROKERAGE
905-275-9400 Toll Free 1-888-228-9669 Email: agiannini@trebnet.com
77 City Centre Dr. Suite #106, Mississauga ON.
9774309_2912
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MORE EXCLUSIVE CAR WASH LOCATIONS AVAILABLE • 4 Bay Coin Car Wash Business only (Toronto). Asking $112,500 • 4 Bay Coin Car Wash (Kawarthas). Asking $899,900 • Full service Automatic Car Wash (Niagara). Asking $1,055,000 • 8 Bay plus separate Rental Bldg (GTA). Asking $1,950,000 • 6 Bay Coin Car Wash, Automatic & Commercial Rental income (Hamilton). Asking $1,850,000 • Full service Automatic Car Wash & Detailing (Halton). Asking $2,400,000 • Touchless Tunnel with Rental income Plus More Land to build Coin Bays (Simcoe area). Asking $1,650,000 • 4 Bay Coin & Touchless Car Wash located on Main Street (Simcoe area). Asking $1,860,000 Call for details & viewing
1216 sq ft unit in superb Brampton location across from Chrysler Plant with many other businesses bringing multitude of customers to this very busy plaza. Allows a wide range of retail & commercial uses. Great user/investor unit. Priced to sell!! Call now for more details & viewing. Asking $319,900.
Brand new corner unit in a prestigious Mississauga plaza with exposure to busy street. $$$ spent on improvements in this 2258 sq ft unit. Call now to view. Asking $759,000.
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URGENTLY Needed for anxious qualified buyer. High volume gas stations and High Volume coin Laundromat. Retail strip plazas. High volume car wash. SELLING!! CALL NOW FOR FREE CONSULTATION Please say you saw it in The Commercial Investor
Greater Toronto Area
2512_DJW_2_0034
4 Bay coin car wash, coin laundromat. Four apartments with room to expand. Great investment with multiple incomes. Located close to Newmarket and being the only game in growing town. More info. Call Tony. Asking $1,049,000.
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Commercial Real Estate & Business Opportunities
Volume 12 Issue 08
Greater Toronto Area 8647857_2912
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49
Commercial Real Estate & Business Opportunities
11237352_2912
Greater Toronto Area
Volume 12 Issue 08
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Volume 12 Issue 08
Commercial Real Estate & Business Opportunities
For All Your Real Estate Needs
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Call one of our proven professionals today at
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1.877.435.4336 Alliston 1.705.725.8255 Barrie 1.905.859.4477 Nobleton 1.888.943.0860 Orangeville 1.888.936.4216 Tottenham 1.705.422.2350 Wasaga Beach
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A DIAMOND IN THE ROUGH! Older bungalow situated on a large beautiful lot backing onto farm fields with views for miles to the North. No neighbours behind! Currently zoned rural res., with potential for future commercial application. 100’ ft frontage on Hwy 89 near access to Hwy 400! $249,900. Ingrid McNeill* 1-877-435-4336 2912_DJW_0432
LOVELY 1 BR CONDO On the main level in a wellmaintained building in Alliston. W/O to patio. Exclusive parking. Freshly painted w/new flooring & carpeting. Low maintenance fee. Only $149,900! Ingrid McNeill* & Ann Letts* 1-877-435-4336
FUTURE DEVELOPMENT LAND! Located across from Residential Development in the town of Alliston and abutting developer owned land! 90.4 acres high land with 2 road frontages across from Honda & the town of New Tecumseth Recreation Centre. Ready for application in next official plan update, only property directly South of Town not yet under application. $5,950,000 Marc Ronan*** 1-888-936-4216 2912_DJW_0435
70+ acres near residential development in growing Alliston. Ready for application in next official plan update. New Subdivisions in immediate area. Seconds from Honda, Alliston designated provincial growth area. Recent sewage plant increased capacity. $4,950,000 Marc Ronan*** 1-888-936-4216
3 residential apartments currently rented, 2-1 bedroom and 1-2 bedroom. Main floor is currently set up as office space with store front but could possibly be converted to residential! $349,900 Marc Ronan*** 1-888-936-4216
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HOCKLEY VALLEY! Potential to purchase 5 tree farms totalling 336 acres, in close proximity or purchase individually and build your custom home and potential income in beautiful Hockley Valley! Marc Ronan*** 1-888-936-4216
46 ACRES Of level land directly South, abuts zoned and serviced industrial land in growing Alliston. Home of Honda and provincially designated growth area. Almost 2200 feet of level access to main CPR rail line..3 bedroom farm house on property currently tenanted. $2,300,000 Marc Ronan*** 1-888-936-4216
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2912_DJW_0439
14.5 ACRE High profile location with M1-2 Industrial/ Agriculture zoning with open space conservation. Property includes a 10,000 sqft building & 4,000 sqft building, insulated office, free span, rollup doors. Insulated infra red propane heat, legal 2 bedroom apartment & offices, plus so much more! $1,390,000 2912_DJW_0440 Marc Ronan*** 1-888-936-4216
In growing Alliston on busy street with high visibility on 100x150 lot. Well equipped restaurant with 74 seats and 24 parking spaces. Forced air gas heating, 4 washrooms,, open 7 days a week 6:00am-3:00pm. Great Investment/ Business Opportunity! $649,900 Marc Ronan*** 2912_DJW_0441 1-888-936-4216
96.43 ACRE Parcel with walking distance to growing town of Beeton. Abutting Developer Owned Land. 2 road frontages. Excellent Midterm Development. 2 homes & horse barn! $3,000,000 Marc Ronan*** 1-888-9364216
Draft plan approved 84 unit adult lifestyle community in Hastings on 32 acres includes 8 acre walking trail, 7 acre for future growth. Turn key professional project blueprint includes site plan, financials, drawings etc. $2,995,000 Marc Ronan*** 1-888-936-4216
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CHARMING BUNGALOW On a huge lot in the Hamlet of Rosemont. Newly renovated & ready to move in & enoy! New kitchen, bath, hardwood flooring. Second kitchen & bath in lower level + in-law potential. Garage/ workshop fully insulated. Come have a look for yourself! $269,900. Ingrid McNeill* 1-877-435-4336 2912_DJW_0434
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Rock Solid in Real Estate.
TM
* Sales Representative ** Broker *** Sales Representative/Owner **** Broker of Record
Š2012 BRER Affiliates Inc. An independently owned and operated broker member of BRER Affiliates Inc. Prudential, the Prudential logo and the Rock symbol are trademarks of The Prudential Insurance Company of America, registered in many jurisdictions worldwide. Used under license with no other affiliation with Prudential.
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Commercial Real Estate & Business Opportunities
Doreen Thompson GROUP
SALES REPRESENTATIVE ®
Off: 905.831.9500 HERITAGE REALTY Tor. Line: 416.798.7278 INC. BROKERAGE dothompson@trebnet.com
SPECIALIZING IN SELF STORAGE DEVELOPMENT Plan/Layout Erection/Build Repair/Parts Building Sales Internal Conversions Retrofit Steel Roofs Pre-engineered Build
2912_DJW_0077
$789, 900
1-866-855-2769 705-487-1659 FAX 705-487-1660 WWW.GRAYVELD.COM INFO@GRAYVELD.COM TOLL FREE PHONE
Greater Toronto Area
2912_DJW_0078
Commercially zoned 4 level detached backsplit brick and vinyl building and property with profitable operating beauty salon business for sale, on a strip of commercial businesses in South Pickering, close to 401, GO Train, Town Centre, Waterfront and a variety of other establishments & amenities. Turn Key operation possible. Property also zoned for other professional businesses.
luxury guest house Bed & Breakfast/ recording studios downtown, toronto, on • 7,880 SF, 14 Guest Rooms • Kitchen/Dining Area • 2 Large Recording Studios • Asking: $2,599,000
yorkville, toronto • 3,968 Square Foot Site • 7,440 SF Two Storey Income Producing Building • Asking: $6,900,000
Ontario’s First Magazine Dedicated to Industrial, Commercial and Investment Real Estate
416.784.5060 1.877.269.8257
for advertising call toll free
8147032_2912
2912_DJW_0076
11261764_2912
INDUSTRIAL | COMMERCIAL | RESIDENTIAL
8497536_2912
Pierre Gagné, Broker of Record
Tel: (416) 955.1885 x228 PGagne@PetrusRealty.ca
PETRUS Commercial Realty Corp., Brokerage www.PetrusRealty.ca
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Ottawa | Toronto | Calgary
52
Volume 12 Issue 08
Commercial Real Estate & Business Opportunities
Commercial, Real Estate & Business Opportunities
Bill Bradley Sales Representative
Exit Realty Your Way
416-258-6866
Unit 2, 1240 Speers Rd., Oakville, ON
exitwithbill@gmail.com
Brokerage | Independently Owned & Operated 905-815-9900
General Store and gas bar servicing all the local residents, camp grounds, cottages and close to Algonquin Park. The store has the General Post Office outlet, groceries, gifts, movie rentals, camping supplier, fishing rods, etc. and gasoline pumps. Living area, 3 bedrooms, kitchen, living room & porch. Township approval for L.C.B.O. outlet, and application in for 6/49 Lotto.
Call Bill! $419,900 2512_DJW_0070 2512_DJW_0073
2512_DJW_0071 2512_DJW_0074
2512_DJW_0072 2512_DJW_0075
Grand River
Greater Toronto Area
0
,90
9 39
$
0
,90
9 19
$
These two properties back onto the Grand River which flows through the Town of Dunnville and are accessible to it for boating, etc. The Commercial Property has 2 stores which are leased out and the warehouse or large garage can easy be rented out. The bungalow has a living room, kitchen, bedroom, office and bathroom with a large deck out the back facing the Grand River and is leased out at present.
Call Bill!
2512_DJW_1_0081
Shady Pine’s Mobile Home Park
Call Bill! $999,990
Here is a beautiful Mobile Home 48 Acre Park. There are 43 rented lots on the property with room for 50 more lots. Each Renter pay a monthly rent to the Property Owner and they are responsible for their own hydro, heat, taxes and maintenance. The Park has a $100,000.00 Water System and also a large Septic System. You 2512_DJW_1_0440 must see.
2512_DJW_1_0082 2512_DJW_1_0080
Cobden Gas Station
Call Bill! Only $349,900
Very busy gas & diesel station on Main St. in Cobden Ontario. Has a large Variety Store along with Super Lotto & 6/49 Lotto Sales. The property is on # 17 Hwy West of Ottawa and is 125’ x 100’ in size. Only 3 yrs old and very profitable. It is ideal for a young couple or retired couple to operate. Call Bill Bradley. 2512_DJW_1_0441
Steeles Ave. - 9.43 Acres
Here is a perfect 9.43 acre vacant property with 3 frontages (Dixie Rd. Steeles Ave and Wilkinson Rd.). Zoned commercial with approx. 2 acres zoned Industrial. This property is on a very busy streets. The land can be divided into 2 parcels of 6 acres and 3.43 acres approx. and sold separately or together. At present there is a monthly income from truck and trailer storage. Call Bill Bradley for further info 416-258-6866.
Call Bill! 3.43 acres - $3,258,800 6.00 acres - $5,700,000 2512_DJW_2_0039
8171379_2912
Please say you saw it in The Commercial Investor
Volume 12 Issue 08
53
Commercial Real Estate & Business Opportunities
Tim Gilman 705-715-7407
Brokerage
Barrie, ON 705-721-9111
tgilman@rogers.com
Legal rooming house on Bayfield with 8 rooms and 2 apts generates constant cash flow. This building has been established as an extremely well run and serviced investment. Possible VTB. Please do not talk to tenants. High traffic area. Surrounded by commercially zoned properties. Vendor will cooperate with buyer to assist getting zoning changed to facilitate sale. Leasing option an option. Property may be eligible for financial incentive program under community improvement 2912_DJW_0068 plan.
private funds available commercial & residential same day approval commercial mortgage 1st & 2nd residential 1st, 2 nd & 3rd access to all Major Lenders • multi residential • plazas
• offices
mortgage rates from commercial starts from prime + 1% 11242427_2912
residential 3 yr fixed 2.69% (5 years variable 2.60%) prime minus 0.40%
• development
• construction • land
• hotels
• banquet halls and investments
Om Lasi
contact: Verico the Mortgage Leaders Inc.
phone: 416.564.LOAN (5626)
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•
Lisence M08008793
email: omlasi@gmail.com
Greater Toronto Area
B.J. Roth Realty LTD.
R E P R E S E N TAT I V E
11261678_2912
S A L E S
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Volume 12 Issue 08
Commercial Real Estate & Business Opportunities
9386785_2912
KinCaRDen & BRaCeBRiDge ontaRio
smiths falls, on
Corporate Location available for Sale. Excellent Location, great Sales. Corporate Locations available for Sale. Excellent Location, great Sales. Building available for Sale also. Call for Fully equipped & LLBO Licensed. turn more info. Key Operation. Asking Price: $399,000
UXBRIDGE: Sale: $12,000 per week. Rent: $7,400 Inc. tMI & HSt. Long Lease & Franchise agreement. Asking: $249,000
NEWMARKET: NEWLY RENOVatED. SaLE: $14,000/WEEK. EXCELLENt LOCatION
Asking Price: $374,900
INVESTMENT PROPERTIES
Greater Toronto Area
1. gta: Mixed use Plaza. NOI: $112,000. 7.5% Cap Rate 2. Medical Building West of toronto. NOI: $156,000. 8.5% Cap Rate. 3. Small Retail Plaza. NOI: $47,000. 8.5% Cap Rate. 4. aaa tenant. Mixed retail. NOI: $77,000. 7.0% Cap Rate. 5. Mixed Use Medical Plaza. NOI: $263,000. 7.75% Cap Rate. 6. Retail Plaza. West of Hamilton. Mixed Use Retail. NOI: $110,000. 7% Cap Rate 7. tim Horton’s anchored. 7% Cap. asking: $1,820,000 8. LCBO Plaza. 6.5% Cap Rate
PrinciPAls onlY
VARIOUS GTA LOCATIONS NEW AND RESALE L O C AT I O N S AVAILABLE FROM AS L I T T L E A S $50,000.
PLAZA INVESTMENT WEST OF LONDON
16,500 SF mixed use retail plaza with good covenant tenancies. 10 tenants, easy to manage. 7.0% Cap Rate. Principals Only.
Asking PRICE: $229,000
COIN CAR WASH
MORE NEW EXCITING OPPORTUNITIES AVAILABLE IN GTA & SURROUNDING MARKETS.
BANqUET HALL
Located in heart of gta. Very busy corner location. 8 bays. 3/4 acre land. High density residential redevelopment site. Lots of potential. great holding income for redevelopment.
toronto location. Fully furnished and well maintained facility. 2 rooms for 2 separate functions & 2 kitchens. accommodate up to 600 people in one room. 1.5 acre land. Lots of parking & great location!
Asking Price: $3.25 Million
Asking Price: $3,590,000
EAST GTA
Newly upgraded site with pumps, tanks, lines Newly Built station, great location, minutes to & paving. great location. Hamilton area. Fixed Margin 10 year deal with Volume: 5 million, Store sale: 1 Million Pioneer. Serious buyers & Principals Only. plus lotto & atm. Principals Only. LAND & BUILDING: $2,650,000 Asking Price: $3.1 Million BUISNESS ONLY: $349,000
SWgas:ONTARIO 3.5 Million L,
Propane: $80,000/yr. Living Quarters on the property. Large Rental income. Full Serve gas bar, garage also on site for owner operator.
WiTH ProPerTY: $2.5 Million BUsiness onlY: $199,000
GAS STATION WEST OF GTA
gas volume: 7 Million Liters, c-store: $1.0 Million, Lotto: $8,500. Excellent location with no immediate competition. Asking Price: $1,700,000
east of gta
Volume: 10 Million L, Store: $1.2 Million Other income from Car wash, Lotto & atM. guaranteed gas Margin. New Look. asKing PRiCe: $3,000,000
NEAR HAMILTON
gas: 2 Million, Store: $450,000/yr. Carwash: $100,000. Lots of potential to grow volume.
Asking Price: $1,300,000
CONDO/APARTMENT BUILDING WOODSTOCK
ATTENTION DEVELOPERS: 88,000 sq.ft 3 storey brick building on approx. 2.5 acre land. Property is Re-Zoned for Residential and approved for 75 Units. USES: Condos, apartments, office, warehouse, or run business aS IS. Huge Upside potential. NEW REDUCED ASKING PRICE: $1,200,000
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Commercial Real Estate & Business Opportunities
Harry Goel
Gurdeep Sandhu
Realty Specialists Inc. Brokerage
Sales Representative Email: goelharry@yahoo.ca www.harrygoel.com
An Independent Member Brokerage
Sales Representative 6850 Millcreek Drive Mississauga, ON L5N 4J9 Email: gssandhu@rogers.com www.gurdeepsandhu.com Office: 905-858-3434
416-727-3193
647-262-9091 COMMERCIAL LAND WAINFLEET - $79,000
N SO D L IT D IO N A
L
FOR LEASE DUNDAS ST - $3000
1400 -sq.-ft. space available in a busy plaza at corner of Dundas and Jane. High traffic area, many famous franchises like Tim Hortons, LCBO nearby. Place can be used for doctor’s clinic, computer repair, fitness centre, professional office, real estate or lawyer’s office, dollar store, etc. Other location 1600 sq. ft. also available. 2912_DJW_0081
Vacant commercial land being sold under Power of Sale. Fenced corner lot on two main highways: Victoria Ave and River Road in Wainfleet Niagara Region. Lots of permitted uses of land like gas station, plaza, hotel/motel, public garage etc. Land area 1.159 acres. 2912_DJW_0082
BRAMPTON CONVENIENCE STORE - $159,000
GAS STATION WITH CONVENIENCE STORE - $189,000
Rare find, this great opportunity to own convenience/variety (Daisy Mart) store located in high demand area. New development also going in this neighbourhood for future potential - ideal for family business, large variety of products. Coffee section, ATM, lotto, smoke etc. Very low rent $2708. With TMI $3645 per month. Long term lease (5+5 your option).
A very busy full serve gas station with Hasty Market in a corner plaza. Gas volume approx 2 mln. ltr. and store sales approx $250K. Extra income from ATM, dry cleaning, Western Union, Public Mobile and car detailing services all under one roof, good long lease with more options of 5 yr each. Monthly rent $4688. Cooperating landlord, other tenants in plaza are restaurant, coin car-wash, and auto 2912_DJW_0084 body repair shop.
2912_DJW_0083
GAS STATION NIAGARA AREA - $489,000
CONVENIENCE STORE WITH PROPERTY - $499,000
HEALTH NUTRITION STORE INCLUDES PROPERTY - $629,900
Opportunity to own self serve gas station with diesel propane, Lotto 649, ATM machine and convenience store and a beautiful three bedroom house with finished basement. Right next to a busy corner of Victoria Ave. and River Rd. in Niagara Region one hr drive from Mississauga. Opportunity for many other permitted uses like car dealership or restaurant and many more. 2912_DJW_0085
Rare find, this great opportunity to own premium corner unit in very high demand plaza of Brampton, high exposure facing Torbram Road, many commercial retail & offices can be used. If used as a convenience/variety store, you have exclusive right to sell lotto & smoke in plaza but other uses also permitted. Unit has very high ceiling with great exposure.
Great opportunity to own commercial retail property in a very high demand plaza of the Brampton area. Surrounded by very busy intersection, Torbram & North Park Drive. Unit is professionally finished with multi-usage of retail & office.
2912_DJW_0086
2912_DJW_0088
Please say you saw it in The Commercial Investor
Greater Toronto Area
C O
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Volume 12 Issue 08
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Commercial Real Estate & Business Opportunities
Volume 12 Issue 08
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
central ontario COverINg: Barrie • Collingwood • Muskoka • North Bay • Kawartha Lakes Midland • Meaford • Paisley • Parry Sound • Orillia Owen Sound • Sudbury • Walkerton For advertising information contact Doreen Wills Tel: 1-800-268-0077 • 905-570-9283 doreen.wills@wall2wallmedia.com • thecommercialinvestor@wall2wallmedia.com Notes: ______________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ Please say you saw it in The Commercial Investor
Bill Byers, Sales representative Perry Wuest, Sales representative
TEMAGAMI NORTH This is the one! Nearly 900 square feet of living space in this mobile with addition. Lovely area in the Temagami Forest surrounded by massive tracts of crown land and prenier water courses. The home has a new deck, a steel roof and roomy feel inside. A generously sized 20’ X 24’ shop having 8’ X 16’ addition with power run from a 200 amp panel in the house. The living room natural gas fireplace acts as the primary heat source with electric baseboards in the back rooms. The home comes with all appliances and furniture as well, which round out this very well priced property. Asking $44,500. Call Perry. MLS 121444.
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SAND & GRAVEL Year round business established in 1948. 154.5 acre property with large pit over 1 million tons. Surrounded by farmland & forest. 40’x70’ shop in town is ideal for snow removal business. All equipment is in good condition with low mileage & hours. Long term clientelle & training available. Great to be your own Boss with tons of potential to expand. Asking $499,900. Earlton. Call Bill. MLS 121046.
MONTREAL RIVER Almost 40 acres, with 1452’ waterfront. At the edge of Matachewan, close to services. A great spot to build your Northern Retreat. Asking $129,900. MLS 120538. Call Bill.
4 UNITS 3 residential & 1 commercial storefront would make a great office or retail. Downtown Cobalt. 4 lots included. Asking $114,900. MLS 120105. Call Bill.
WATERFRONT Almost 1 mile shoreline with 141 acres on beautiful long lake. Miles of excellent boating & fishing with great hunting as well. Well treed with lofty pines etc. Year round road, organized township, excellent potential to develop. Robillard Twp. Asking $349,900. MLS 111367. Call Bill.
COTTAGE Montreal River, miles of Waterfront wilderness adventure. Over 14 acres. 3 bedroom cottage, set up & ready to take over. Water access only. $79,900. MLS 112384. Call Bill.
WELL ESTABLISHED RETAIL Located in the busiest section of the picturesque Town of Haileybury. Solid numbers generated out of a solid building. Asking $249,000. MLS 112207. Please call Perry for more.
Please say you saw it in The Commercial Investor
Central Ontario
HOTEL Large Bar/Restaurant lisenced for 206 people with 36 person patio. 2 bedroom apartment & 9 hotel rooms upstairs. Full basement, lots of parking. Busy main corner in Earlton. Many recent updates. Asking $189,900. MLS 120390. Call Bill.
2912_DJW_1_0424
PRIME LOCATION Retail service, fuel, & more at the main corner in town overlooking the Beautiful Montreal River. Lots of potential to use this property for a variety of uses. Busy Mining, Forestry, & Tourist Area. Elk Lake. Building & Land Only. MLS 120066. Call Bill.
2912_DJW_1_0416
0
2912_DJW_1_0401
$
9 23
2912_DJW_0449
w
ne
LARGE BUILDING Updated & added onto in 1985, 3,600 sq’ plus garden centre 2,160 sq’ & storage building 1,000 sq’. Corner lot downtown Earlton. Many possibilities here. Asking only $69,900. MLS 102746. Call Bill.
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e
0 ,9
2912_DJW_1_0411
STOREFRONT With 2 apartments recently used as an antique store. Main St. (Hwy #11) Latchford. Near the lake, beach, & park. Asking $69,900. MLS 120219. Call Bill.
WATERFRONT LOTS Long Lake, 25 miles of excellent boating, fishing & hunting. Approx. 3 acres each with road access. Financing available with low down payment. Unorganized Township near Charlton. $59,900 each. MLS 112047. Call Bill.
2912_DJW_1_0012
perry-wuest@coldwellbanker.ca
2912_DJW_1_0400
bill-byers@coldwellbanker.ca
2912_DJW_3_0404
www.temiskamingrealty.com
2912_DJW_2_0405
brokerage New Liskeard, Northern ontario
ic
9857729_2912
1-866-557-1110 705-647-1110
temiskaming realty ltd.,
pr
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Volume 12 Issue 08
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Volume 12 Issue 08
Commercial Real Estate & Business Opportunities
inthenews
Canadians put the brakes on spending - consumer credit growing at slowest pace since the early 1990’s: CIBC For the first time since 2002 consumer credit in Canada is rising more slowly than in the U.S.
C
anadians are putting the brakes on spending with outstanding consumer credit now rising at the slowest pace since the early 1990’s, finds a report from CIBC World Markets.
slowing is driven more by demand considerations, as well as an active shifting of card balances to lines of credit. This trend is very visible in the most recent uptick in activity in the lines of credit portfolio, which we believe is mostly a transfer of balances from the credit card portfolio.” For the first time since 2002 consumer credit in Canada is rising more slowly than in the U.S. During the highly leveraged period between 2002 and 2008, consumer credit in Canada rose twice as fast as it did in the U.S. After the crisis, growth in U.S. consumer credit actually moved into negative territory, while consumer credit in Canada continued to expand and with U.S.
“Regardless of how you measure it, there is a clear slowing trend in the pace of growth in household
consumer credit now expanding at its prerecession rate of 4.3 per
credit,” says Benjamin Tal, deputy chief economist at CIBC and author of the report.“The pace of growth
cent year-over-year.
is no longer a reason for the Bank of Canada to move from the sidelines any time soon.
In addition to a slowing in the growth of consumer debt, the
“Households should get credit not only for notably slowing the pace at which they accumulate debt in an
mortgage market is also starting to show some early
environment of historically low interest rates, but also for managing their debt in the most optimal way on record.”
signs of moderating activity. As of March 2012, mortgage outstanding rose by 6.3 per cent on a year-over-year basis – a rate that is well below the 7.3 per cent
The report notes that on a year-over-year basis, total household credit (consumer credit plus mortgage outstanding) is now rising by just over five per cent – the slowest pace since 2002. The key is the rapid softening in the pace of consumer credit. As of March 2012, overall consumer credit outstanding rose by only 2.3 per cent on a year-over-year basis – the slowest pace since the early 1990s. On a rolling month-over-month basis, consumer credit is now rising by only 0.1 per cent – the slowest pace since 1993. “The slowing in consumer credit is largely due to the softening performance of the credit cards market,” adds Mr. Tal.“Overall growth in card balances is now marginally in negative territory, with both classic and premier cards showing a similar performance. “While the dramatic softening in activity during the recession was in part due to supply factors, today’s
average rate of growth seen in the past two years and well below the pace seen during most of the decade. The softening trend is much more evident in a rolling monthover-month growth rate, which at 0.5 per cent is the slowest since late 2001. The recent modest softening in mortgage activity is coinciding with a reduction in the mortgage arrears rate, which as of January 2012, stood at under 0.4 per cent after reaching close to 0.5 per cent during the recession. This rate is still double that seen before the recession but is significantly below rates seen in previous recessions. The arrears rate in Alberta is by far the highest in the nation. This reflects the fact that, on average, homeowners in Alberta are younger and less established. As well, the pre-recession period in Alberta had seen activity surging rapidly – leading to a higher percentage of consumers overextending themselves.
Please say you saw it in The Commercial Investor
Volume 12 Issue 08
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Commercial Real Estate & Business Opportunities
inthenews “There is no debate about the fact that the housing market is overshooting,” says Mr. Tal.“The only question is what will be the nature of the adjustment. In the
around 15,000 in 2012. And the changing composition of employment is likely to work to lower the quality of employment in the country along with the bargaining power of workers – limiting gains in labour income.”
absence of a trigger for a violent correction, we do not see such an outcome in the near future. We continue to call for a gradual softening in the market, with prices potentially falling by around 10 per cent in the coming year or two.
The complete CIBC World Markets report is available at: http://research.cibcwm.com/economic_public/download/hca-120509.pdf
CIBC’s wholesale banking business provides a range of integrated credit and capital markets products, investment banking, and merchant banking to clients in key financial markets in North America and around the world. We provide innovative capital solutions and advisory expertise across a wide range of industries as well as top-ranked research for our corporate, government and institutional clients.
“Other factors that will work to soften activity in the market are ongoing changes in the mortgage market with increased scrutiny from regulators regarding risk management practices, as well as the increased use of full-scale appraisals as part of the adjudication process. Accordingly we see mortgage market growth softening gradually to around five per cent year-over-year during the course of the year, down from the current 6.3 per cent rate.” Interest payments on debt accounted for 7.3 per cent of disposable income in the fourth quarter of 2011, roughly the same ratio seen in the previous two quarters. This relative stability,
however, masks two
24-UNIT APARTMENT BLDG 99 AXMITH AVE, ELLIOT LAKE, ON
diverging trends; interest payments on mortgage debt is falling, whereas interest payments on consumer credit is rising. Mortgage interest payments as a share of disposable income are at the lowest point since late-2004. After rising rapidly during the recession, the debt-to-
improving – a fact that should see the ratio of net worth to disposable income rising in the first quarter. Note that an average household in Canada currently carries a debt load of $102,000 versus an asset position of over $350,000 (of which $250,000 is real estate). “Looking ahead, it is difficult to get too excited about the consumer’s near-term prospects,” notes Mr. Tal. “With consumer credit growth slowing to a crawl, the housing market leveling off and potentially losing some ground, Canadian consumers will lose two of the main pillars of strength that made them the champion of the recent economic cycle. And while the volatility in the job market statistics will continue to confuse observers, the trend is clear: the pace of job creation in Canada is slowing from 22,000 jobs a month in 2011 to probably
• • • • •
Nicely renovated 24 unit apartment building w/ a mature stable tenant base All units have been remodeled and tenants pay their own hydro Outdoor deck area for tenants Low maintenance building – great for the absent owner Low vacancy rate with solid return
$995,000
Jane Allison Sales Associate Broker 519 946 3032 jga.mcleod@sbcglobal.net
CBRE Limited, Real Estate Brokerage
Please say you saw it in The Commercial Investor
8482430_2912
asset ratio has stabilized at 20 per cent in the past two years. With credit softening and asset value rising in the first quarter of the year, we expect to see this ratio
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Commercial Real Estate & Business Opportunities
Volume 12 Issue 08
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
eastern ontario COverINg: Lindsay • Peterborough • Port Hope • Bowmanville • Cobourg • Trenton • Belleville • Kingston • Northeastern Ontario For advertising information contact Doreen Wills Tel: 1-800-268-0077 • 905-570-9283 doreen.wills@wall2wallmedia.com • thecommercialinvestor@wall2wallmedia.com Notes: ______________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ Please say you saw it in The Commercial Investor
Volume 12 Issue 08
61 8177055_2912
Commercial Real Estate & Business Opportunities
ProAlliance Realty Brokerage
BRUCE COOKE BBA, CCIM, SIOR Commercial Sales Representative
Independently Owned & Operated
Office: 613-966-6060
E-mail: bruce@cookeproperties.com
www.brucecooke.com
MAtthEw COOKE B.COMM MEAghAn COOKE BA, Sales Representative
Sales Representative
Office: 613-966-6060 Direct: 613-243-5146
Office: 613-966-6060 Direct: 613-243-3949
matthew@cookeproperties.com
$495,000 INVESTMENT PROPERTY 10.3% CAP RATE INDUSTRIAL 56,555 SF BUILDING $1,980,000
2 long term tenants, net income $51,012/yr. Great location, Gov- Located 1.5 hrs East of Toronto on 5.7 acre site. Ceiling height 24 ft ernment anchor tenant. Attractive building in the Central Business clear. 7 drive in doors. Hwy #401 exposure, several overhead cranes. 2912_DJW_1_0106 Also available for lease. 2912_DJW_1_0107 District. Call Meaghan.
$1,100,000 MINI STORAGE BUSINESS
$100,000 INVESTMENT CONDO
$199,900 PROFITABLE BUSINESS FOR SALE
Well established Day Care business located in Belleville. Turn key business. Net income of $69,000 after expenses. Owner is willing to train Buyer...
$269,900 AUTO SALES & REPAIR FACILITY
Corner City lot with 3 bays, office area with reception. The building is in excellent condition. 2912_DJW_0044
Eastern Ontario
193 units located in Belleville, fenced lot with automatic front gate and security system. Turnkey business, outside storage, NOI 1000 SF commercial unit in condo plaza. Currently leased to a retail $144,000, Call Bruce. 2912_DJW_1_0108 tenant. Located in Trenton near Hwy #401. 2912_DJW_1_0109
meaghancooke@hotmail.com
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@wall2wallmedia.com Please say you saw it in The Commercial Investor
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Commercial Real Estate & Business Opportunities
Volume 12 Issue 08
businesssavvy
: h c r o t e h t ss g e n n i i s s u b s r a u o P y n i ? ’s t a lan h p W n io s s e succ
N
o matter whether you are thinking of selling your business, or planning your retirement, or planning for the future, you need a sound business succession plan.
Succession planning involves establishing your exit strategy and deciding how to hand your business over to someone else. Having a plan can smooth the transition, protect your work’s legacy, build value for your business, and help ensure financial security for your family and other interested individuals. When planning your exit strategy, it’s best to start early. According to the 2011 TD Waterhouse Business Succession Poll, 76 per cent of small business owners don’t have such plan. Taking the time to plan can save you countless hours down the road, so to get you started, here are few things to consider when drafting your plan: • Determine your goals and objectives for the business.
• Decide if you would like to transfer or sell your business to a successor. • Think about how your decisions will impact family members, partners and/or employees. • Prepare a financial plan and determine the tax implications for the transition of your business. • Determine the fair market value of your business. • Create an exit strategy by establishing a timeline for easing your way out of the business. • Review the plan regularly to keep it up to date. When developing your plan, it’s a good idea to consult advisors such as accountants, bankers and lawyers. Making sure that your successors understand their roles in the business, now and for the future, is also essential. There are several ways to find information that can help you plan for a smooth transition. Start by reading the succession plan guide online at www.canadabusiness.ca/ontario. Canada Business Ontario is a free service from the governments of Canada and Ontario that provides information on a variety of business topics. You can also contact them by phone through the Business Info Line at 1-888-745-8888. NC
• Identify and train your successor.
Please say you saw it in The Commercial Investor
Volume 12 Issue 08
Commercial Real Estate & Business Opportunities
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
niagara COverINg: Niagara Falls • Niagara-on-the-Lake • St. Catharines • Thorold • Welland • Fort Erie • Beamsville • Fonthill • Port Colborne For advertising information contact Doreen Wills Tel: 1-800-268-0077 • 905-570-9283 doreen.wills@wall2wallmedia.com • thecommercialinvestor@wall2wallmedia.com Notes: ______________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ Please say you saw it in The Commercial Investor
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Commercial Real Estate & Business Opportunities
Volume 12 Issue 08
So What’s It Worth?
It’s the “million dollar” question that is asked by both buyers and sellers when trying to determine a property’s value. Many people will seek the advice of their real estate agent, accountant, lawyer, a business mentor, family and friends. To my knowledge, none of these people have a crystal ball, but surely there must be some rationale behind creating an opinion on what a property is worth. I happen to have the advantage of having access to experienced commercial brokers and designated (AIC) appraisers with offices that flank mine, so over the past year I have been secretly conducting research within my own brokerage office to figure out the science behind the valuation process and I will tell you that my conclusion sounds similar to what you might expect to hear from a seasoned politician. That’s not to say that I am about to cleverly avoid giving you a straight answer in the hope that you won’t realize that I didn’t answer the question, it’s just that the answer itself isn’t that simple. I can tell you that nothing irks an experienced appraiser more than walking into their office with a picture of a property and asking the question, “so what’s it worth”. I have to admit, trying to simplify their extensive research, analysis and usual 65 page report into an “off the hip” answer was quite amusing for me; however, that approach to my research was wearing thin on them. In order for me to gain some free expert advice from the appraisal division I was forced to change my tact so I decided to alter the question and began to ask them how they would approach putting a value on a property. The reality is there are many approaches, variables and uncontrollable market factors that play into the valuation of the property. Due to this complexity in establishing market values, most financial institutions require an appraisal to determine whether they will finance the purchase of a property. Whether you are in the market to buy a property or looking to sell a property, it is important to understand the approaches used to value a property as well as many of the variables that can affect the property’s value. So with many thanks from my office colleagues and clients, here are a few of my summarized findings that I would like to share with you.
Approaches to Valuing a Property 1. Cost Approach. This approach is mainly valid for newly constructed buildings. Its relevancy diminishes over time. The basic calculation is to take the land value, or purchase price, and add to it the cost of the depreciated value of any improvements such as buildings. This can become more complex when a portion of the building is old and then added onto or substantially renovated to current standards. Variables to consider:
• The older the building the less reliable this approach becomes as cost and market value are not synonymous
• Depreciation is a subjective conclusion
2. Direct Comparison Approach. This is the most commonly used approach in commercial appraisals. In essence, you are taking a snapshot of past sales that are similar to the property you are trying to put a value on and then using the variable methods of comparison to either increase or decrease the value of the property. Typically a price per square foot or price per acre is used. Variables to consider:
• Is the past sales data being used relevant to the current market conditions?
• Is the location superior or inferior to the location of your property?
• Is the property new or older than the properties used in the comparison?
• Is there excess land and potential for you to increase the size of the current building?
• Were the parties to the transaction motivated, ie cash vs vendor take back mortgages?
3. Income Approach. This is typically used in many multi-tenanted buildings (retail, office and industrial plazas, apartment buildings) where the value is driven by rental income. As a wise developer once said “don’t fall in love with the colour of the bricks and steel as your true love will become the cash flow.” The calculation of a market derived capitalization is critical. The question is what is a suitable market rate of return? Variables to consider:
• Does the current rental rate being collected reflect the current market rate or future market rate?
• Is the income weighted on one major tenant? If so, the risk of losing that tenant at the end of the current lease term should be analyzed.
With all of the calculations and analysis at the end of the day, here are a few simple points to consider that toss all of the complex appraisal methods out the window. 1. Buyers want to pay the least amount possible. Niagara Peninsula
2. Sellers want the most amount possible. 3. No one wants to sell their building for less than what they paid for it. 4. A good deal is one that benefits both parties. To conclude my research I only thought it appropriate to ask the advice of an old timer in the office what he thought and frankly, his advice is as simple as it gets: “enough with all the chatter, the market will tell you what the value of the property is when the deal is signed and the cheque clears.” Tough point to argue……..
Greg Chew is a sales representative and client advisory / market research specialist with DTZ Barnicke Niagara Limited. He can be reached at 905-354-7413 or via email at greg.chew@dtzbarnicke.com 8646421_2912
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Volume 12 Issue 08
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Commercial Real Estate & Business Opportunities
www.dtzbarnicke.com
905-354-7413
9866060_2912
44 METCALFE STREET‚ THOROLD
WATER PARK GOLF & COUNTRY CLUB
5-PLEX Very well maintained apartment building 1 - 2 bedroom apartment 4 - large 3 bedroom units Parking for 10 vehicles New thermal windows in upper units Each unit equipped with a refrigerator, stove and exhaust fan
WAINFLEET/WELLAND 18-hole semi-private golf club 5,400 sq.ft. house Automated irrigation system On the banks of the Welland River Challenging 5,300 yard executive style course situated on +88 acres
OFFERED AT: $595,000
OFFERED AT: $990,000
Contact: Todd Crawford, Broker todd.crawford@dtzbarnicke.com
Contact: Ralph Roselli, Sales Representative Ralph.roselli@dtzbarnicke.com 2912_DJW_0462
2912_DJW_0463
5831 FERRY STREET NIAGARA FALLS
143-153 ST. PAUL CRESCENT ST. CATHARINES
125 EAST MAIN STREET WELLAND
MAPLE LEAF TAVERN
INVESTMENT PROPERTIES
INVESTMENT OPPORTUNITY
Situated on the main throughway to Clifton Hill Tourist District 150 seat capacity Licensed as a tavern 10 room rooming house on upper 2 levels High traffic tourist area
Mixed used property 3 Retail Units 5 - 2 bedroom apartments 1 - Duplex 1 - Single family 2 bedroom home Large on-site parking
High traffic location Fully leased Ground floor - 2 Commercial 2nd Floor - 2 Residential
OFFERED AT: $399,000
OFFERED AT: $559,000
Contact: Ralph Roselli Sales Representative Ralph.Roselli@dtzbarnicke.com 2912_DJW_0464
Contact: Greg Chew Sales Representative Greg.chew@dtzbarnicke.com 2912_DJW_0465
OFFERED AT: $220,000
Contact: Simon Prentice Sales Representative Simon.prentice@dtzbarnicke.com
2912_DJW_0466
BROKERAGE APPRAISALS MANAGEMENT
Connected Globally. Focused Locally. Please say you saw it in The Commercial Investor
Niagara Peninsula
DTZ Barnicke Niagara Limited, Real Estate Brokerage 4056 Dorchester Rd. Niagara Falls, ON L2E 6M9
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Volume 12 Issue 08
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8494906_2912
Ron Joncas, Broker 905.356.9600 cell. 905.351.2424 joncas@remaxniagara.com
Niagara Realty Ltd., Brokerage each office independenTly owned & operaTed 9256007_2912
79
,0
00
COMMERCIAL BUILDING
$2
$3
99
,0
00
TOPPER MOTEL
PRIME DEVELOPMENT SITE
49
,0
00
INDUSTRIAL SHOP
$2
Niagara Peninsula
Property sets on 9.76 acres. Presently operating as a 14 unit motel with a 2 bdrm apt and 3 bdrm Solid brick building approx 2300 sq ft with a full useable basement. The building is divided into 2 owners living quarters. Property is zoned Highway Commercial and allows for numerous uses. units each 1150 sq ft with separate heat & hydro. Ideal location for small offices or retail outlet. Large residential development across the street. 2912_DJW_0057 2912_DJW_0058
This building is 1800 sq ft with 3 bays and 12 foot overhead doors. There are 2 hoists, 1 door, 1 Located in the heart of the tourist area. Older commercial building approx 7000 sq ft with 200 foot lift, new gas radiant heat system. Former mechanical repair shop. Property is almost 2 acres and frontage on Ferry St. Adjoining property is also for sale. has a fenced yard for vehicle storage. Zoned industrial. 2912_DJW_0059 2912_DJW_0060
Please say you saw it in The Commercial Investor
Volume 12 Issue 08
67
#1 COLDWELL BANKER REPRESENTATIVE
IN THE
NIAGARA REGION ADVANTAGE REAL ESTATE BROKERAGE
Steve Dube Sales Representative
Independently Owned & Operated
www.niagaracommercial.ca 905-788-3232
EXCAVATING BUSINESS
10% + CAP
6 COMM UNITS - SALE
ID#2068, Excavating business for sale. All tractors, trucks, equipment, land, buildings and the businiess name included. Seller will train. Main business: sewers, water lines, weeping tiles, trenching and snow removal. Heavy industrial lot 240x116 with insulated Quonset hut, plus separate office building. Asking $274,900.
ID#2268, 5600 sq ft. 2 residential units completely redone (1400 sq each). Rent is $850 plus hydro. The 2800 sqft main level is rented for $990 per month plus hydro. Leases in place. Busy traffic location. Gross income is $32,280. Landlord’s costs are taxes, heating and insurance. Over $20,000 net annually. Asking $199,000.
ID#1908, 6 commercial unit building with potential income of $33,000 gross annually. 6 units consist of the following SqFt & income: 1200 SqFt - $750 plus gas, 500 SqFt - $350, 400 SqFt - $250, 580 SqFt - $400 presently vacant, 1700 SqFt with paint licensed paint booth - owner occupied but could be $1,000. $149,900.
YEAR ROUND MOBILE PARK
MANUFACTURING BUSINESS
CARPET BUSINESS
ID#2328, 23.96 acre year round trailer park with mobile homes and 28 presently renting space. 77 more lots are approved. New well with newer ‘state of the art’ filter systenm ( $100,000 value), yearly income approx $104,000. Great country setting. Asking $899,000. 43969 Hwy 3.
ID#2438, Niagara countertops is a very busy business and has been servicing the area for over 20 years. Price includes 36,340 sq ft manufacgturing plant, granite warehouse (separate location), all equipment, trailers and goodwill. Owner is retiring. Present employees; 23 labourers and 5 office staff. Asking $2,500,000.
ID# 2128. In the carpet business for 50 years and same location for 27 years. Well known as Imperial Tile & Carpet. Owner willing to train. 4800 sq ft block construction includes 2 stock rooms plus a showroom, office and bathroom. 2 bay doors. Everything included; building, land, inventory ($165,000), equipment. Goodwill is free. Give away due to retirement. Asking $299,900.
21,500 SQ FT
CLEAN ENVIRONMENTAL
WAS CAR DEALERSHIP
ID#2238, Huge commercial office building with manufacturing facilities. 13,000 sqft of office space PLUS 8000+ sqft of manufacturing/warehouse space. All in great shape and presently used as the local newspaper headquarters. Loading doors at street & dock level. Parking for 30+ vehicles. Near new City Hall, Historic Court House and bus terminal. Asking $499,000.
ID#2118, Under appraised value, zoned industrial, previous mechaics garage. Now under Power of Sale. Environmental phase 1 and 2 along with cleanup completed. 200 amp 3 phase electrical, 3595 SqFt with 4 bays plus storefront/reception. Corner lot, immediate possession available priced to sell. Asking $109,900.
ID #2038, Once was Nissan car dealership. Total 7700 sqft. Lots of office space plus 4 bay doors for the mechanic section. Huge parking area. Basically this lot is ‘one block’ with access to the property from 3 sides. (lot 200 x 132). 400 amp hydro. Great exposure. High traffic. Asking $449,900.
COMMERCIAL LEASES
HEAVY INDUSTRIAL
WATER BUSINESS
ID#2448, 30,000 sqft building with heavy industrial zoning. Renovated 4000 sqft of office space upstairs, possible 1500 sft more on main level. 2.36 acres and fully fenced in. A variety of heights & types of spaces. Just seconds drive to the 406 & 140 highways. Asking $349,900 (Lease = $4.00)
ID #2178, Thriving sales & service water business with many other $$ making ventures to go with it. R.O., distilled and spring water sales. Master distributor for Aquecore in Ontario, master dealer for BRAC system in the Niagara peninsula. Many rental contracts in place, training available. Asking $199,900.
ID#2598, Great lot right in the heart of the tourist area of Niagara Falls, Canada. You can build almost anything here with this kind of commercial tourist zoning. Allowance for high rise building, fast food, restaurant, etc. Lot 100x200 irregular. Great corner location. Asking $1,150,000.
ID#2338, 6000 SqFt industrial building with 1.05 acres and the majority is fenced. It was an auto body and mechaincs business. Lots of opportunities and allowances for this zoning. 3 bay doors 2-10 foot and 1-12 foot spray booth. Asking $249,900.
2912_DJW_1_0068
2912_DOREENW_1_0153
2912_DJW_1_0439
2912_DOREENW_1_0154
2912_DJW_2_0051
2912_DJW_0469
2912_DJW_1_0438
2912_DJW_2_0071
2912_DJW_2_0441
• 300 Major St – 30,000 SqFt Industrial w/Office $4/SqFt • 411 East Main St – Office Space, Lots of Parking starting $2/SqFt • 3 Cross St – Downtown Office Space, Wheelchair Access. $5/SqFt • 17-19 East Main St – 12,000 SqFt - $2/SqFt first yr, Parking Avail. • 27 Centre St – 45,000 SqFt Office – starting, $2/SqFt • 285 Division St - 1700 SqFt - Repair Shop & Paint Booth - $990/month All spaces can be reduced and customized
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SALE ID#2138, 2 buildings, 10 units (8 res & 2 com), all completely renovated to be better than new, owner spared no cost to the quality finishes of each unit. Gross income when fully rented is $94,200. Last year’s expenses were $24,348.90. Each unit pays own hydro, has separate thermostats for heating and C/A. Asking $799,000. 2912_DJW_0470
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Niagara Peninsula
8306541_2912
PAGER:
68
Commercial Real Estate & Business Opportunities
Please say you saw it in The Commercial Investor
Volume 12 Issue 08
Volume 12 Issue 08
69
Commercial Real Estate & Business Opportunities 170 Central Ave., Fort Erie Garden City Realty Inc
Tony Tripodi 8181576_2912
Broker
Brokerage Independently Owned & Operated
905-641-1110
*INDUSTRIAL* *COMMERCIAL* *INVESTMENT*
ST. CATHARINES 150,000 sq. ft. warehouse on 14 acres. Included is one section with 120 unit mini-storage. Zoned for additional 120 more units. 30,000 sq. ft. rented @ $5,000 per month 33,000 sq. ft. available 8 acres allows multi-residential development. Agreement in place for solar panel energy. Asking $3,900,000. Other details with Tony Tripodi - 905-6411110. Email tripodi@sympatico.ca
JIM CARVER 871-5555
NIAGARA REALTY LTD., Realtor Brokerage
email: jimcarv@cogeco.net
(905)
Sales Representative
GREENHOUSE IN WAINFLEET
Over 52,000 sq. ft., glass greenhouse featuring roof top venting 12-14 ft to gutters, fully benched, all water filtered and recycled, 2 natural gas fired boilers plus a 100 H.P. Dekker bio mass boiler, large insulated buffer tank, environmentally controlled, 10,000 sq. ft. insulated warehouse with loading docks and dock levellers, gutter fed pond, beautiful 5 bedroom home all on 19 acres of land. Go to http://www.myvisuallistings.com// vt/67410. List price $1,450,000.00. Call Jim Carver today. 2912_DJW_0041
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INDUSTRIAL BUILDING Available October 1, 2012 - 82,000 sq. ft. building, plus 5,000 sq. ft. quonset house on appx. 5 acres. Located near Hwy 406 and QEW several loading docks, including two indoor with levellers. Listed for sale at $1,900,000 - or lease @ $4.00 sq. ft. gross. For more details call Tony Tripodi - 905-641-1110 email tripodi@sympatico.ca
8171423_2912
33 ACRE FARM IN JORDAN
Quick and easy access to the QEW with a one hour drive to the Toronto markets. This farm offers 2 separate residences, 2 ponds, part bush. Best of all a 7,000 sq. ft., insulated warehouse complete with-in floor heating, truck doors, loading dock and 2 floors of office space. List price $950,000. Call Jim today. 2912_DJW_0042
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Ontario’s First Magazine Dedicated to Industrial, Commercial and Investment Real Estate
416.784.5060 1.877.269.8257
for advertising call toll free
10 acre residential development land adjacent to serviced subdivision mountain street, Beamsville. listed at: $3,500,000. mls # n30006486. also available as 20 and 41 acre assembly, mls #n30006487 and mls #n30006903 at $350,000 per acre for adjacent parcels. 8171489_2912
Please say you saw it in The Commercial Investor
Niagara Peninsula
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Steve KocSiS broKer of record 905.563.0600 www.niagaraland.com
70
Commercial Real Estate & Business Opportunities
Volume 12 Issue 08
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
business investor The perfect place to list all of your business opportunities For advertising information contact Doreen Wills Tel: 1-800-268-0077 • 905-570-9283 or Email: doreen.wills@wall2wallmedia.com • thecommercialinvestor@wall2wallmedia.com
Notes: ______________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ Please say you saw it in The Commercial Investor
Volume 12 Issue 08
71
Commercial Real Estate & Business Opportunities
Mortgages
Watch out for those Collateral Mortgages! So what is a “collateral mortgage?” A collateral mortgage is a loan that is secured against property for an amount that is typically 100% or in excess of the value of the property rather than the amount of money actually borrowed. Typically a collateral mortgage is registered for a secured line of credit. Today many banks are offering what are thought to be regular mortgage loans when in reality they are collateral mortgages secured against the entire amount of equity in a property. A traditional mortgage lets you establish a set amount to be borrowed, the rate for the term chosen (e.g. 2.3% for 5 years) and the amortization so that the borrower will know exactly when the whole amount will be paid off and will also know what existing equity may be available in the property. If a borrower of a “traditional” mortgage wished to borrow more by using a second mortgage or registering a home equity line of credit, they could. However, a borrower of a “collateral mortgage” may not have this flexibility. This problem arises because the value of the bank’s “security” differs from that of what is actually lent. Several banks here in Canada are now going forward with this new approach. One notable culprit, TD Bank, is actually registering 125% of property value, even though that amount has not and never will be advanced to the borrower. Their objective is to have a greater chance of the client returning to the bank for more financing due to the fact that the bank would have secured their entire value of the borrower’s property. A transfer to a new bank is going to be more costly because a lawyer must always be involved. The borrower is often trapped! Another major issue that should be considered prior to stepping into a collateral mortgage involves the other debts the borrower may have. Under Canadian law a lender of a collateral mortgage may seize equity to cover other debt you have with the same lender. So, in essence, you are securing all of your loans, credit cards, lines, car loans, and overdrafts held with the lender of your collateral mortgage. Many borrowers are not even aware of what they’re getting into since bank sales representatives often conveniently fail to mention these details. When the bank sends the paper work to your lawyer you may find an unpleasant surprise and often at a time far too late to allow for arranging new financing. If you are looking to purchase a second home or an investment property, any collateral loans you have will be registered on your credit bureau. When you approach a new lender for a mortgage the lender will have to calculate you eligibility/approval based on what is registered on your property, not just the amount received from the lender. You look leveraged and now your ratios may not allow you to qualify for an approval on other purchases. If you are a real estate investor, this is suicide to you. Real estate investing is about flexibility and the last thing you want to do is limit your access to equity. TD isn’t the only bank to offer collateral mortgages. Credit unions also use them; HSBC and the Royal Bank have a “re advanceable mortgage,” which is a collateral mortgage. Scotiabank’s STEP is also a collateral mortgage. Most chartered banks will not accept “transfers” of collateral mortgages from other chartered banks so the borrower will have to pay larger fees to register a new conventional mortgage if the decision is made to move to a new lender. However, if you already have a mortgage with one of the lenders that register loans in this way, it would be wise to remove yourself as soon as possible in order to gain control over your debt! Collateral mortgages allow lenders to change the interest rate after closing. All a borrower has to do to trigger an increase in interest rate is miss a payment. Since the collateral mortgages are being registered with rates as high as prime + 10% (regardless of the rate stated on your original mortgage document), lenders will cover their potential losses by increasing the rates if they feel a potential default in the horizon. When looking for financing it is much better to have a broker working for you rather than putting your fate in the hands of a specific, branch level, bank mortgage specialist. It is the banks objective to keep you as a customer and only offer you an option from its limited selection of financing options. A mortgage broker/agent has access to several lenders that are not available at street level and can negotiate on your behalf, buy down rates, and confirm that the mortgage is best suited for you. Don’t let big banks tease you with these low rates and get caught in a trap. When something looks too good to be true it usually is.
A member of
Carmen Campagnaro
Carmen@profunds.ca
www.Profunds.ca • invest@profunds.ca
1.888.330.3866
3390 South Service Rd., First Floor, Burlington, ON L7N 3J5 | 905.842.7011 x22 | Fax 905.842.7241 9649286_2912
Please say you saw it in The Commercial Investor
Business Investor
President Pro Funds Mortgages lic# M08002562
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Volume 12 Issue 08
Commercial Real Estate & Business Opportunities
NEW OPPORTUNITY QUALITY OF LIFE CHANGE Located in Nova Scotia retail store supplying roof truss and flooring systems, lumber and building material. Revenues over $4 million and earning in the $350 K range.
w ITy fARM NE TuN EquIpMENT BUILDING R pO Op dEALERsHIp SUPPLIES LocatedDISTRIBUTOR in Northeastern Located 4 hours east of Toronto Ontario, business hasbeen operating over 60 company is a wholesale distributor of years with a strong cusbuilding materials to independent tomer and base. Experienced dealers purchasing groups. In staff over and60 years management business with its own generate in the fleet of trucks revenues the business generates $6.5MM earnrevenues overrange $17 millionand and earnings ings over 300K. over $1.1 million.
R dE uN ffER O
ELECTRICAL CONTRACTING COMPANY
Electrical contracting company provides electrical power and transmission systems in the GTA to construction and industrial industries with 12 employees. Revenues range at $1.8 million and earnings range at $390K.
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MANUFACTURER OF DRIED FLORAL PRODUCTS
Company operating over 15 years and servicing over 800 accounts providing value added services that generate revenues of $2.7 M and earnings over $700K. Owner will participate in growing the company.
BOWLING CENTER Well established center Serving the & operating overmechanical 45 years and pharmaceutical industries located 2 hours East of GTA. over 20 2years. Generating Employs ft. & 20 pt. Newly revenueswith of revenues $1.1 MM inwith upgraded the 200 plus accounts. Earn$500K range and discretionary ings $200 K range. Located earnings in the $100K range. in Southwestern Ontario.
R dE uN ffER O
PLASTIC MECHANICAL INJECTION& ELECTRICAL CONTRACTOR COMPANY
Operating overWestern 30 yearsGTA. and Located in servicing the automotive Revenues growingindustry past the 16 ft and $10company million.employs This company generates $2 million in deals withover industrial, commercial with andearnings residential revenues in the accounts, providing $350K range.also Ownership will HVac services. remain as needed to transition the business.
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TIRE SALES & SERVICE CENTER
Located in the Western GTA. Servicing Commercial fleets, government & retail clients. Gross sales over $4.0 M and earnings $200K ranger.
CIVIL ENGINEERING FIRM Located in Western Ontario - operating over 30 years, Company provides structural and civil engineering services, feasibility studies, construction site inspections and administration services. Revenues for 2011 are at $1.4M and earnings are in the $350K range.
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GTA. Solid 20 customer Operating years inbase the with commercial, GTA. over Solid 80 customer base residential manager with overproperty 80 commercial, and industrial accounts. residential property manager and industrial accounts. Generating revenues in the Generating revenues in the $2.5 MM range. $2.5 MM range.
SPECIALTY UNDERGROUND UTILITY CONTRACTOR Located north of the GTA and servicing a large base of clients in industrial, municipal and telecom sectors, the company generates revenues of $5 million and earnings in the $700K range.
TRUCK & CAR
RENTAL Located north of the GTA Founded more thana40 yearsbase ago, and servicing large the of company clientsisina multi-location industrial,truck, mucar and trailer dealer secwith nicipal and rental telecom tors, throughout the company offices Southern generOntario. revenues of $5 customer million Itates has developed a recurring and400+ earnings the $700K base acocunts,ingenerating over range. $4 million in revenue and earnings in the $2 million range.
R dE uN ffER JANITORIAL O JANITORIAL
MAINTENANCE &&MAINTENANCE COMPANY COMpANy Operating 20 years in the
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METAL RECYCLING
Business has been operating over 30 years, dealing in ferrous and non-ferrous metals - with 14 employees business generates revenues in the $10 million range with earnings in the $1.5 million range.
O
y w IT INDUSTRIAL NE TuN R O DE-SCALING pp
AND PROTECTIVE COATING CONTRACTOR
The Company, located in Southern Ontario has been operating over 30 years specializing in general painting, lead abatement, bridge painting and water tower restoration among other services to various industrial sectors. Company generates revenues in the $5 million range and earnings in the $1 million range.
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Business Investor
METAL FABRICATION & WELDING
MARITIME PROVINCES
CONTRACT PACKAGING COMPANY
Company operating over 20 years in Northeastern Ontario. 18 FT Certified well-trained employees provide diverse services in metal and structural fabrication. Revenues in the $3.5 M range with earnings in the $700K range.
If you are looking for an upgrade to quality of life and a thriving environment - we have several good business opportunities available in Nova Scotia and New Brunswick - small profitable operations with great potential and a safe transition strategy.
Operating in the GTA over 30 years. The Company specializes secondary packaging of OTC and prescription pharmaceuticals and health/beauty care products. Revenues in the $3 million range and earnings in the $700K range.
“Selling Your Business is our Business� 416-780-0009 or 1-866-490-9991 Please say you saw it in The Commercial Investor
8157086_2912
H
A
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Mazhar Roshan Sales Representative
905.318.3800
24 Hr. Pager
905.929.9800
Direct
BROKERAGE
mazharroshan@sympatico.ca mazharroshan@hotmail.com KING ST. - HAMILTON - ASKING $749,900
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.
RETAIL STONEY CREEK MOUNTAIN
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Very desirable area of Stoney Creek Mountain, next to new Walmart & financial institutes. Thousands of new homes coming into the area. In a plaza 3310 sq ft retail space available. Other tenants include drive thru Tim Hortons, Esso gas station, Avondale, Gino Pizza & many more. TMI is estimated 9.86 PSF. Call for more info. $14.00 per sq ft. RESTAURANT HAMILTON - $119,900 $99,900
UNDER CONTRACT
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Long established East Indian Restaurant located in the Heart of “Westdale�. Walking distance to McMaster. Doing over 350K sales p/y! Very profitable business! All kit equipment & lease hold improvements incld in price. Reasonable rent & long lease avail!! Showing before 10:30am or btwn 2:30-4:30 pm weekdays or before 1 pm weekend. ASKING $119,900
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HAMILTON MTN.
Desirable location on busy Hamilton Mtn. street (Upper James). Lots of customer parking. Newly decorated. Fully set up for Italian Pizzeria & Rotisserie Chicken. Busy, new and improving everyday. Long lease and reasonable rents. Motivated Seller. Call Mazhar for more details.
On bus route and close to all amenities. Free standing large triplex. With three separate hydro meters. Net income over $19,000 per year. Asking $239,900. Call for more details. BUSINESS FOR SALE ONLY - $499,000
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Great commercial building with business, all the equipment and property for sale. 19446 sq ft building. Main floor 12 lanes bowling alley business with 54 people license & kitchen, bowling equipment with automatic scoring machine, second floor setup billiard, pool, snooker all with equipment, licensed for 60, currently rented for 2230 P/M. For more details call.
INVESTMENT BUILDING FOR SALE HAMILTON
Very busy location of East Mountain. Sales $40,000 per week. 8000 square ft store. Low rent of $8000 per month. Long lease available. Asking price is $499,000. For more details call Mazhar Roshan.
INVESTMENT OPPORTUNITY - $249,900
Very nice area of Hamilton. Close to Downtown, schools and oil amenities. 3 hydro meters. Total rent nets $21,000 pkg. Call Mazhar for details.
FOR LEASE BRANTFORD
BUSINESS FOR SALE HAMILTON Very busy convenience store in Hamilton, close to all amenities. Doing $30,000 per week. Good for family operation. Reasonable rent and long term lease available. For more information call Mazhar
seller motivated
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LAND FOR SALE
GREAT COMMERCIAL BUILDING W/ BUSINESS
Very desirable area of East Hamilton, 8-plex, 4 3-bedroom units, 4 2-bedroom units, tenant pays own hydro, on bus route and close to all amenities, recent boiler, new roof and paving, hardly vacancy, NOI over $54K, 24 hour notice required for showings, call for more details.
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sold
Fantastic convenience store in great location. Ample parking, corner site, high traffic location.
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CONVENIENCE STORE - HAMILTON
Retail commercial space in strip plaza. Anchored by Tim Hortons. Close to 403 exit and rapidly growing commercial sector. Suitable for many kinds of retail, commercial or office uses, TMI for 2006 is 4.25 per square foot, call LBO for more information and showings.
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CommerCial ProPerties Business oPPortunities FranChise oPenings & more!
Cottage Country Realty Inc. Brokerage
29 King William Street, Huntsville, ON P1H 1G4
ATTRACTIVE BUSINESS OPPORTUNITIES IN MUSKOKA 11261258_2912
Live, work & play in the pristine paradise of Cottage Country.
BJ Boltauzer
Sales Representative
705.789.6568 Email:
CHARACTER HOME WITH TWO TURN KEY OPERATIONS
THRIVING WELL ESTABLISHED SPECIALTY RETAIL BUSINESS
Charming B & B and fully equipped professional Fitness Gym Studio. Everything included except a few heirlooms. 7 bedrooms & 6 baths, main street location. Offered for sale at $599,000.
In same hands for over 16 years & producing great profits. Accounts available for inspection by serious buyers. Owners will train & coach if desired. Turn key and running. Downtown location.
$599,000
bj.boltauzer@century21.ca
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$245,000
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9735712_2912
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1st London Real Estate Brokerage
51 SUITES IN LONDON Pride of ownership abounds throughout entire building. 3-storey walk-up featuring 40 two bedroom + 11 three bedroom. No basement. Very unique layout. Ample parking. On LTC bus route. State of the art Futura Boiler system. Underground sprinkler. A rare find indeed. $4,200,000. Call or email Judi today.
Judi Mudge Sales Representative
519.685.4190 Office/Pager
4,200,000
judimudge@royallepage.ca
$ $4,200,000
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ATTENTION COMMERCIAL INVESTORS! McIntee Real Estate Brokerage Port Elgin, ON 519.389.4344 11261538_2912
Trish Bernard Broker
Cell: 519.386.1932
499,900
$
Email: tbernard@bmts.com
www.por telginmcintee .ca
the CommerCial inVestor: sPotlight
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High traffic location, situated close to Walmart and the new Canadian Tire. This 200 ft x 200 ft commercial property boasts a fully rented retail commercial building with 2 bedroom living accommodations. There is a detached building for storage or workshop. Highway commercial zoning allows for ample opportunities! 5098 Hwy 21, Saugeen Twp.
CommerCial ProPerties • Business oPPortunities • FranChise oPenings & more! 15G COM
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CommerCial ProPerties Business oPPortunities FranChise oPenings & more!
for lease BUrlINGToN offICe - warehoUse sPaCe 14-5115 Harvester Rd.
Donald Plouffe Ltd
Across the street from Appleby GO Station, excellent Hwy access, high traffic location. 1,720 sq. ft. 18.5’ ceilings, full sprinkler system, newly renovated. $1,700 a month plus TMI.
Real Estate Brokerage
905.632.5940 www.plouffehomes.ca
Marc Plouffe, Associate Broker
11257991_2912
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Brian Coombs, BROKER I 519.565.2020 I bcoombs@tcc.on.ca
PREMIUM RV BUSINESS IN BAYFIELD! 11261614_2912
RE/MAX Bluewater Realty Inc., Brokerage
Building/residence $775,000. RV business $159,000.
Established RV Sales/Service in historic Lake Huron village. 4500 sq. ft. (shop), 2100 sq. ft. (retail/store) plus beautiful living quarters. Loads of parking. High traffic exposure on busy Hwy 21. Owners retiring.
95 Main St. S, Bayfield ON
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Pictures, viewing times, etc. @ w w w. g a r d n e r a u c t i o n s . c o m Former Public School for sale by sealed bid,
Bids close Thurs. Aug 2nd at 3:00 pm
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GARDNER AUCTIONS INC.
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19,091 sq. ft. single floor building Situated on 8.15 acres East Wawanosh Public School 39822 Belgrave Rd., Belgrave
SEALED BID
“ACTION BY AUCTION SINCE 1922”
519.685.2929
“POWER OF SALE” ONSITE & ONLINE - INDUSTRIAL REAL ESTATE AUCTION ON WEDNESDAY AUGUST 22 ND AT 12 NOON AT 130 EDWARD STREET, ST. THOMAS, ONTARIO 11261780_2912
12,620 sq. ft. sprinklered “M2” industrial bldg. & 720 sq. ft. storage bldg. 1.17 acre corner lot, incl. large paved yard, 20 km south of London. Inspection dates: Wed. Aug. 15 & Tues Aug. 21 from 10 am until 3 pm. Call or visit our website for full details.
www.managingyourassets.com 2912_DJW_0080
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TEL. TOLL FR EE:
1.877.825.2435
the CommerCial inVestor: sPotlight
BID ON-LINE AT: WWW.BIDSPOTTER.COM
CommerCial ProPerties • Business oPPortunities • FranChise oPenings & more! 17G COM
legallyspeaking
Why create a holding company? By Jayson Schwarz
A
s businessmen and women we are often troubled as to the proper structure to use, in the operation and management of our active businesses. This applies to every kind of active business, from manufacturers, to sales organizations. As a result we need to seek the advice of solid and knowledgeable accountants and lawyers to guide us. Today’s article will focus on the advantages of using a holding company behind the operational structure of your business. Before we begin I need you to imagine a scenario where the business is run through an operating company (opco) and the shares opco are owned by a holding company (holdco). For this discussion holdco is owned by you,
a) Inter-corporate dividends are tax free. This means that the money sitting in opco can be transferred by dividend to holdco generally without tax consequence; b) We have taken the cash from opco and put it in a place of safety. It has been virtually creditor proofed from creditors of opco; c) The money in opco is available to invest in other areas separate from opco such as other assets to diversify holdings. If excess earnings were paid directly from opco to the owner personally, to make those investments, the owner would either pay the personal marginal tax rate or the dividend tax rate after the funds being taxed corporately and this would leave less to reinvest: by using holdco reinvestment is more tax efficient; d) Tax savings may be had by income splitting through holdco. In other words if the owner’s wife and children over 18 are shareholders of holdco or through their family trust are shareholders, if not working or having low income, each may receive dividends of close to $50,000 with minimal tax consequence; e) The money may be loaned back to opco and security taken creating additional creditor proofing and maintaining cash in opco; f) The other benefit relates to timing. Money can be drawn from holdco as required and the owner, as an example, may choose to pay dividends every second year rather than every year allowing the owner to avoid paying quarterly personal tax instalments. It is possible to base instalments on either the previous year’s tax liability, or the current year’s expected liability. If the owner has little or no tax liability every second year, instalments can be based on the year of low income expectation. As you can see there are many benefits to using a holding company. Please meet with your professional advisor, either lawyer or accountant to assist you in achieving the proper structure for your business. Perhaps the most difficult part of writing these articles relates not to the actual writing, but thinking of a topic to address. Please mail, deliver or fax letters to the magazine or to us, use the website (schwarzlaw.ca), email (schwarz@schwarzlaw.ca), or phone us at 1-888-609-8888 and give us your questions, concerns, critiques and quandaries. We will try to deal with them in print or electronic form.
the entrepreneur, the business owner. Each year opco earns a profit, pays its taxes and has cash sitting in the bank. Opco then issues a dividend to holdco. What does this do?
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Jayson Schwarz LL.M is a Toronto real estate lawyer and partner in the law firm Schwarz Law LLP.
CommerCial ProPerties Business oPPortunities FranChise oPenings & more! 8306470_2912
APARTMENT BUILDINGS WANTED
Escarpment Realty Inc., Brokerage
Independently owned and operated
I have many qualified buyers FRANCHISED PIZZA STORES HVAC TRAINING SCHOOL searching for AVAILABLE BURLINGTON Sales Representative 3 successful Hamilton Mountain Industrial unit set up as an HVAC multi-residential training centre. 2 levels with properties and East Oakville locations E-mail: tandarich@gmail.com offices, boardroom and all available. Great delivery areas. all sizes. equipment. Unit and school sold Contact: 905.639.7676 Call for more details. Sell Now! separately. Call for more details.
Terry Tandarich
“Call Terry and get Real Results”
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Bernie Jarrar, Broker of Record
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Sterling Realty Inc., 416.283.3000 Brokerage
bernie@sterlingrealtyinc.ca
1.877.206.3300
8632970_2912 2912_DJW_1_0065
• Asking $3.15 M • 7.6% Cap • NOI $240,513.00 • 10% Down • VTB Financing • National Tenants
BURLINGTON COMMERCIAL PROPERTY 1000 sq. ft., close to Burlington Mall, paved 50’ x 111’ lot. Zoned 1C273. $295,000.
Donald Plouffe Ltd Real Estate Brokerage
905.632.5940
MARC PLOUFFE, Associate Broker.
www.plouffehomes.ca 11261652_2912
2912_DJW_0043
ETOBICOKE SOUTH 6 PLEX Opportunity to purchase this fantastic building fully rented large lot, 2 garages, lots of parking. Call Ernie Grenke, Broker, HomeLife Cholkan Realty Corp., Brokerage (416) 236-7711 erniegrenke@hotmail.com
Cholkan Realty Corp. Brokerage
416.236.7711 11258295_2912
CALL
ERNIE GRENKE 416.567.3225
the CommerCial inVestor: sPotlight
2912_DJW_0045
CommerCial ProPerties • Business oPPortunities • FranChise oPenings & more! 19G COM
11261675_2912
inthenews
Tips to help your business navigate online marketing
W
hen it comes to online marketing and advertising, it can often seem like an alphabet soup of acronyms and options for the small business owner, from SEO and SEM, to Facebook and Twitter. With so many online marketing tools and terminology, knowing what will work best at a local level can seem like an overwhelming challenge. Find the right mix of tools
There is no silver bullet when it comes to advertising, specialists say, but there is a simple question that provides a good starting point for determining the right mix of tools: Are you in the ‘need it now’ business or in the ‘researched purchase’ business? The impact of local search is far greater in the ‘need it now’ categories such as plumbing, than it is in the ‘researched purchase’ categories such as consumer electronics or luxury travel. Get rank in Google, Yahoo and others The reality is that when people use search engines they generally don’t look past the top 10 results. Search engine optimization (SEO) – or enhancing a business’ online
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presence so that it’s listed as a top search result on websites like Google, Yahoo or Bing – can dramatically increase online visibility. Although having a website is advantageous for small businesses, and it is beneficial in order to rank at the top of searches, it’s not absolutely necessary for SEO. Claiming and updating your free business listing on a local Canadian search site like canpages.ca or yellowpages.ca is quick and easy to do. These sites allow businesses to enhance their profiles with video, website, photos and more, all of which contribute to higher rankings in Google and other search engines. Generate leads Search engine marketing or SEM is similar to SEO in that it leverages keywords, but differs in that it incorporates a paid element. Local search providers are a good choice for small business owners because they provide personalized support for navigating SEO and SEM and offer lead-generation solutions designed specifically for local marketing. They even take care of identifying and purchasing adwords – the key words consumers use to search for a business product or service that lead to click-through traffic on business’ websites. NC
#1 HomeLife Office in Canada for 23 years**
HomeLife/Bayview Realty Inc., Brokerage
25 anniversary th
“
1
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HomeLife/Bayview’s success is due to the hard work of their 600+ strong Sales Team, and the confidence and complete satisfaction of their clientele. HomeLife/Bayview’s primary goal is Customer Satisfaction; with this in mind, HomeLife/Bayview Realty Inc. continues to set new goals, remaining the leader in the Real Estate Market!!
A company with innovation to become #1 is not done by just one person, but backed up by a team! They are hard working, have a pioneering spirit that is full of energy, have a passion for real estate and thrive for greatness. We have a strong desire to be successful, and with this idea in mind, we can manifest very easily. Due to our determination and motivation, we won’t let anything stand in the way of accomplishment. We don’t take on the credits for ourselves, but we accept the success as a team. Homelife/Bayview Realty Inc was established in 1987 with only 4 agents, and today, we have a grand number of 634 agents with 30 different culture back grounds. Within 25 year, we grew tremendously and we have been on the top ever since. We have some of the top agents in Canada, we have been the #1 of Canada for the Homelife Franchise and we are one of the largest offices in York Region. Innovation and creativity also are characteristics associated with this path. We are very good at associating with others and we always welcome new members to become part of our successful story. We often take on unique or incentive approaches to achieve better outcomes for our clients. Our agents are honest, reliable, hard working, knowledgeable and so much more. That is why our client base is so broad. We are here to build a long term relationship with our clients and that’s why we treat them as part of the family. We build a comfortable, beautiful and convenient office space for our clients and agents, so they can have 24 hour access to a place to make deals happen. Also our agents earn their trust from their subordinates so they can work together and learn from each other.
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The 2 brokers Tom Tauro and Steven Schmeiser are available to help 24/7. The office provides professional training for the agents every week. Our agents are well known, well respected and well trained. We also have a strong back office team of 20 support staff to support us and our agents from 9am-9pm, and because multitasking is something they tend to be very good at, they are well suited to take on phone calls, typing offers, filing documents, while being very efficient. We believe that a good reputation can earn money, we not only work hard, we also work smart. We have shown others the same respect and more with the same courtesy they have shown us. Being successful is about being loyal to oneself and others. We learn from our mistakes and work harder to achieve better results.
HomeLife/Bayview Realty Inc. 505 Highway 7 East, Unit 201, Thornhill, ON L3T 7T1
905.889.2200 fax: 905.889.3322
Walter (Tom) Tauro,
Steve Schmeiser,
Broker of Record
Broker/Owner *Independently Owned and Operated Brokerage
**As Per HomeLife Organization Statistics 2012
21G COM
ELLE Time and Jewellery Store
Gas Station Property and Business
$1.18M Roger Pu
Broker of Record
647.299.5376
www.rogerpu.com roger_pu@rogers.com
Jennifer Wang
Over $200,000 annual net income; property and business; business includes: gas station, convenience store (Lotto Tickets), daily restaurant, and ice cream. Steps to Canada Cross 647.839.5185 jennifer_danniwang@hotmail.com Border Services. Surrounded by professional offices. Senior Manager/ Sales Representative
11234269_2912
2912_DJW_1_7050
Yonge/Bloor Property
Yonge/Bloor/Belmont Property
ONLY $788,000 A rare row house on Belmont St. Right at Yonge/Belmont. Could be converted to office or Live/Work possibilities. Charm and character in the heart of the city, steps to Rosedale Subway, direct access to DVP, near to Younge/ Bloor commercial centre and the shops of Yorkville. Prestigious address for any company or business, high demand location. Rare opportunity for rent investment. 2912_DJW_1_7052
Fort Erie Restaurant and Property
NEW PRICE
$295,000
Over 9000 SF restaurant which is located in Downtown Fort Erie, same owner over 13 years, stable business, owner retired, selling business with property, asking $295,000 only. Also sale business without property, only ask for $75,000. 2912_DJW_1_7055
Niagara Falls Property and Business
ONLY $788,000
22G COM
2912_DJW_2_7051
Yonge/Bloor ZYNG Franchise Restaurant
ONLY $249,000 A franchise restaurant front at prestigious location on Yonge St. Right at Yonge & Charles (Yonge & Bloor). Well established business over 4 years, really low food cost & franchise fee, menu can be customized/ added by owner. Surrounded by existing retail, office building, upcoming and existing condos. A very rare franchise restaurant with outdoor patio and L.L.B.O.
Night Bar & Grill Property with Business
Yonge/Bloor Coffee & Chocolate Business for Sale
NEW PRICE $1.65
M
13,000 SF building on 1.25 acre lot, full equipment restaurant and night bar, new development area, good location, surrounded by Walmart and Home Depot.
2912_DJW_1_7056
$1,089,000
2912_DJW_1_7058
Surrounded by multi-million dollar homes and condos with a well-known good reputation within 2 and half years. The ELLE Jewellery & Time Authorized Dealer in North America. Also make custom orders, repairs, buy and sell gold. Turn your luck with key next day and start your own business. Annual net profit is over $100,000.
Retail store front at prestigious location on Yonge St. Just South of the Rosedale Subway Station. Surrounded by existing retail, Yoga and high-end Spas, office towers, school, upcoming and existing condos. Tenant is Golden Mint. Also sale business (2 locations) with property. Asking for $1,498,000. 2912_DJW_1_7053
Shopping Centre Investment Opportunity
Excellent opportunity in the centre of Niagara Falls tourist district. Walk to the Falls, and Fallsview Casino. Hotels and local residents around. Newly renovated in 2009, has 60 seats and 30 outdoor patio seats, L.L.B.O., 13 parking spots. Full finished basement banquet facilities, replaced new roof 2012. Business only asking $158,000. Lease term negotiable.
NEW PRICE $99,000
2912_DJW_1_7054
$748,000 Be the owner of Golden Mint. You can also be the franchisor and start your own food retail franchise system with over 175 types of whole leaf teas, certified organic coffee mouth-watering Belgian chocolate caramel apples, heavenly handmade truffles and lots of complementary products. Branded with 7 years history and 2 established locations on Yonge St. It has European design and top of the line equipment. This business concept is fresh, luxurious & welcoming. Seller will provide chocolatier training with secret recipes for truffles and Belgian chocolate caramel apples, tea master and coffee barista training. 2912_DJW_1_7057
Arena Centre Plaza
$3.5M Retail shopping centre, AAA tenants including: Giant Tiger; Easy Home; Bulk Barn; Pet Value etc. 3.28 acre, 41,327 SF; NOI $450,000. Minimum investments $200,000 for 10% direct ownership. 19% total cash on cash return on investment, please contact for details. 2912_DJW_1_7059
Property consists of 8,083 SF restaurant - anchored strip centre with 9,060 SF of future development potential. 2.06 acres, shadowed by Wal-Mart. Tenants include Shoeless Joe’s , Subway and the Cash Store. The property benefits from both the adjacent Strathcona Paper Centre, the newly developed 58 rooms Hampton Inn, and its excellent visibility from Hwy 401. 2912_DJW_1_7060
Realty inc., Brokerage
Independently Owned & Operated
Commercial/Investment Division CommerCial ProPerties and investment/business oPPortunities latiF merali*
latiF merali*
latiF merali*
$25,000 + Stock. Established Heatlh Food Shop lctd on Prime Dwntwn intersection surrounded by high density area! Prime exposure on busy street. Store specializes in Vitamins, Supplements, Natural & Organic Foods/Beauty Products & Bulk Foods. Approx. 7 yrs established w/lots 2912_DJW_0021 of loyal clientele. SALE OF BUSINESS
$49,000 Rare 5 days/wk ofc bldng cafeteria w/fully-equipped kit complete w/grill, hood fan, hot table, prep area, cold table, open display cooler, etc! Fantastic opportunity w/short executive ofc hrs. Cafeteria inside condo ofc bldng w/many tnts! Newly reno'd! Equipment & set-up 2912_DJW_0022 worth the price! CAFÉ
$225,000 Fully-equipped & newly reno'd restaurant w/property facing schools! Prime lctn surrounded by schools & high density established residential area! Thousands of hms around the plaza! Ideal for a Pizza Shop, Bakery, Cafe, Restaurant, etc! Price includes condo unit, all improvements & 2912_DJW_0023 newer equipment! HOSPITALITY/FOOD RELATED
$270,000 + Stock. 12 years established Variety Store. Owner retiring. Surrounded by apts. Middle class residential. Selling lots of flowers. Very profitable Convenience Store w/ 3 bdrm apt upstrs. Average wkly sales $13,000. Lottery $1,000/mth, ATM $600 and extra. Avr net in2912_DJW_0024 come $9,000/mth. COMMERCIAL/RETAIL
$398,000 Very good lctn in a clean & nice plaza, nxt to Winners, Cora, Mr. Sub & other prestigious stores. This is a Franchise business specializing in Hamburgers, Steaks & Ice Cream. Sales approximately around one million per year. Total 100 seats + patio tables & chairs. 2912_DJW_0025 RESTAURANT
$399,000 + Stock. A busy Convenience Store & Garden Centre with property for sale. 2600 sq. ft. store & 2-bedroom apartment upstairs. Lots of space to do more. Summer sales $17,000 Winter sales $8,000. Flowers, Card and more. Lotto $1,500/mth. COMMERCIAL/RETAIL
Paul advani*
CHanY lee**
$425,000 Investment Opportunity Commercial/Residential w/high traffic exposure in the upper beaches. 2 flr 2 bdrm, 1st flr Beauty Salon w/ new wood flrs, kitchen, w/new wiring & plumbing, 2 entries B/I sound system,, alarm sys + roll up canopy. 2nd flr 2/1 sel contained O/C apt fully reno'd w/over size wooden deck. STORE W/APT/OFFICE 2912_DJW_0027
$480,000 Excellent investment opportunity to own a unit on ground lvl in this busy modern plaza in the ctr of fast growing huge commercial hub & new residential Sub-Division. Unit currently leased @ $2600/mth + $1395.68 TMI until March 2013. Ample free parking. Highly visible 2912_DJW_0028 frm Hwy 48. COMMERCIAL/RETAIL
$595,000 Great lctn! A 3 unit commercial property & convenience store for sale. Lctd in a high traffic area, close to the High School, Strip Mall & CFB Borden. Lots of parking. A busy Convenience Store (owner), Sports/Tool Rental Store (Rented for $1,000/Mth Gross) & one vacant 2912_DJW_0029 unit. COMMERCIAL/RETAIL
tom dimas**
valeri bursHtein*
YonGHYuP Joo*
$819,000 Great package opportunity to own business, land & 2 residential properties! High visible lctn where Hwy 6 & 10 Merge in Owen Sounds. Includes Coffee Shop Business & Land, 2 Residential Properties #119/#123 rented site may be redeveloped for future maximum 2912_DJW_0030 return on Investment. COMMERCIAL/RETAIL
$839,000 Auto Repair Shop in excellent & busy lctn. 4 bays drs & 1 truck lvl dr for inventory loading. 5 hoists, 2 air compressors, 1 wheel balancer, 1 tire changer. Big mezzanine, 2 ofcs & waiting area w/sep ac & gas heater, 3 gas & 1 oil heater in shop. 8 video cameras, 2 kits, lunch 2912_DJW_0031 rm, 3 baths, laundry. AUTOMOTIVE RELATED
$1,200,000 Once it's Shell or Esso Gas Station w/ restaurant & Auto Shop, The Gas Volume used to be 6.5MI including Diesel 2.5MI ap current owner. 25,000 cars/day traffic on Television Rd. alone, which connects to Hwy 115 Directly. New gas brand is under negotiation for 2912_DJW_0032 owner's favor. INVESTMENT
menasHe CoHen*
YonGHYuP Joo*
Joe rusCiCa** & sam rusCiCa*
$1,380,000 Amazing opportunity, 465 ft waterfront property w/boating dock access, zoned destination commercial allows many uses for Commercial, Recreational, Resort, Hotel, Multi Unit Dwelling, etc. Rarely available. Zoned destination Commercial (DC). LAND
$1,790,000 + Stock. Esso w/in 40M (70km) E. Frm Toronto w/property of 3.15 AC land. Junction of 2 major Hwy's. Completely reno'd Aug 2011. Spent $500K for reno. It's a bargain deal considering the Investment put by the current owner. 2 diesel. Hwy 407 Connection in the 2912_DJW_0034 future. GAS STATIONS
$7,495,000 High quality free standing industrial/Ofc bldng. Great investment opportunity 100% fully leased. (Approx 6,000 sf of ofc can be available for buyer). Prime lctn, close to major hwys, outstanding curb appeal, Many upgrades, quality blt, plenty of parking. Very clean & spotless through-out! High class ofcs. INDUSTRIAL 2912_DJW_0035
CHanY lee**
JosePH navi**
2912_DJW_0033
905-889-2200 8147051_2912
niCK merali*
CHanY lee**
2912_DJW_0026
#1 Office in canada
416-324-2822
†Based on HomeLife Organization Statistics for 1988-2011 *Denotes Sales Representative **Denotes Broker
23G COM
9741130_2912