August 4 - September 1, 2018, Volume 18 Issue 08
INCORPORATING FRANCHISE AND BUSINESS OPPORTUNITIES Full Coverage Area Including Windsor, Hamilton, Toronto, Niagara Falls, Kingston and Ottawa! APARTMENT BUILDING FOR SALE $1,500,000
HOTEL - STRATFORD - $8.9 MILLION
• 18 unit apartment building in Mitchell • Located in residential area – nice greenspace • Tenants pay hydro, low vacancy • MLS X4159823
180 Room, Full Service Hotel situated on approx. 20 acres, known as “The Festival Inn” on busy Ontario Street, (Hwy. 8) in Stratford. The Hotel features 180 guest rooms, 2 large meeting rooms, restaurant, lounge, business centre, indoor pool, whirlpool, sauna, and fitness room. ASKING $8,900,000 FOR FURTHER INFO, CONTACT: WINSTON DAVIES, BROKER OF RECORD, WINCORP REALTY INC., REAL ESTATE BROKERAGE GUELPH, ONTARIO TEL: 519-836-2080 EMAIL: wjmdavies@rogers.com
GLENN TRACHSEL Tel: 519-276-2352 Email: rentman@golden.net
10 UNIT MULTI-RESIDENTIAL $1,199,000 ST. CATHARINES, ON / 6,600 SQ. FT.
NATIONAL REAL ESTATE INFORMATION LISTING SERVICE www.nreils.com
Free to Search Everyone can search within 5 seconds
ICIWorld.com iciworld.mobi All Mobile Devices Install The ICIWorld App
FREE SUBSCRIPTION!
Clean, well maintained, investment property centrally located to downtown St. Catharines, QEW, shopping, transit and parks. This converted mansion offers loads of original character, hardwood floors, and high ceilings. Coin operated laundry in basement. All units above grade with stoves and refrigerators. 5 x 1 BR, 3 x 2 BR, and 2 x Bachelor units. Many long term tenants. Large lot with room for 15+ cars. Office space for owner/manager also available in basement. Coldwell Banker Commercial, Integrity Real Estate Inc., Brokerage HANEM HAMOUDA, Sales Representative EMAIL: hhamouda@cbci.ca | PHONE: (416)414-9320
Get The Commercial Investor delivered directly to your door! See inside for details
FC_3118 (COM)
6-214-4875 41
Global Brokers Internet Advertising
NEW LISTING – HAMILTON INVESTMENT
COMMERCIAL CONDO UNIT FOR SALE
BRAND NEW RETAIL SITES
Great corner building FOR SALE along the busy King St. E. corridor in the neighbourhood shopping district. Lots of exposure, bright open store front, with street side parking in front. Fully finished basement. Call us for more details. 3118_DJW_0033
Brand New Commercial Condo unit for resale, located in the new waterfront community in Grimsby on Winston Rd. 1100 sq. ft. of space, completely unfinished. Call for more details.
FOR LEASE – New Retail Development located between Brantford and Paris along busy route. National tenant on site. Pad Site available. Inline retail units available. Call for further details.
NEW LISTING FOR SALE - ASKING PRICE: $439,900
NEW LISTING FOR LEASE - ASKING PRICE: $23 PER SQFT.
3118_DJW_0032
3118_DJW_8031
FUTURE DEVELOPMENT LAND
R DE CT N U A TR N CO Commercial condominium unit by Branthaven Homes! Commercial/ Retail/ Office Condo approximately 1050 Sq Ft in size with QEW exposure along North Service Rd in Grimsby just West of Casablanca Blvd. Strategically situated surrounded by high density residential development. Built out as the builders Design Centre with high quality finishes of the kitchen, bathroom, office and reception area. Call Listing Agent for information. 2718_DJW_0034
LOCATION!! 3136 Square Foot stand alone building at Spartan Square Plaza in Stoney Creek. Former Tim Horton location currently set up for a restaurant use with drive thru. Many different uses available. Located along busy Highway #8 on the Spartan Square Plaza property. On a corner lot with 2 road frontages and signalized intersection. Other major tenants on site are Home Hardware and Subway. With walking distance to 3 schools (2 secondary, 1 elementary). Landlord willing to provide Tenant Allowance. Call Listing Broker for further details. 2718_DJW_0035
FOR SALE
FOR SALE or LEASE COMMERCIAL LOTS OR BUILD TO SUIT FOR RETAIL, OFFICE, GAS, FOOD USES SOUTH OF HAMILTON IN UPCOMING COMMUNITY NEAR HAMILTON AIRPORT.
Almost 50 acres of future development land Located South of Hamilton bordering Urban area. Asking Price is $26,250,000 Listed exclusively 1917_DJW_1_0026
AVAILABLE IN HAMILTON Main floor office space available along busy Main St. E. near St. Peter’s Hospital. This art deco two story office building provides the right professional look for your business. The site provides great exposure to Main St. E., plenty of parking and bright open office space. The space is currently laid out with numerous offices with a large reception and waiting room, along with a large board room, kitchen, washrooms, and file storage. The partial basement is available for additional space for offices or storage. Please call listing broker for further details. 4717_DJW_0034
OFFICE / INDUSTRIAL UNITS FOR LEASE IN STONEY CREEK
ATTENTION LAND OWNERS WE NEED DEVELOPMENT LAND PLEASE CALL US
Great Stoney Creek location at 589 Barton St. 2 units available - Main level office/industrial unit at 2200 sqft. and 2nd floor professional office space at 2500 sqft. Main Level built out to 90% offices, with board room, baths, kitchen, rear roll up door. 2nd floor office space built out to 100% offices with reception, bath, and kitchen. This high traffic location has quick access to the QEW. Well maintained building with lots of successful tenants. 1917_DJW_2_0011
Nicholas Kazan, Nicolas von Bredow, Broker, CCIM kazan@redhillgrp.ca Royal LePage Macro Realty, Brokerage Office 905.574.3038 Independently owned and operated
2G
COM
Broker, CCIM nvbredow@redhillgrp.ca Office 905.574.3038
Not intended to solicit Properties or Buyers Currently Under Contract
www.redhillgrp.ca 11308425_3118
11284449_3118
CBRE Limited, Brokerage www.cbre.ca
SWOT SOUTHWESTERN ONTARIO INVESTMENT TEAM CBRE’s Southwestern Ontario Investment Team are commercial real estate specialists that have the experience, relationships and knowledge that produce results for our clients. Equipped with a robust platform, including in-depth research and a network of real estate professionals across the globe, our specialists can help elevate your business.
INDUSTRIAL
OFFICE
RETAIL
LAND
MULTI-RES
5,440,549
6,174,307
1,376,362
2,500.13 Total Acres
1,247
Total Units
$287M
$754M
$158M
$155M
$170M
Total Sq. Ft.
Total Sale Value (2013-2018)
Total Sq. Ft.
Total Sale Value (2013-2018)
WATERLOO REGION
72 Victoria Street South, Suite 200 Kitchener, ON N2G 4Y9 +1 519 744 4900
Total Sq. Ft.
Total Sale Value (2013-2018)
LONDON
380 Wellington Street, Suite 30 London, ON N6A 5B5 +1 519 673 6444
Total Sale Value (2013-2018)
Total Sale Value (2013-2018)
WINDSOR
3200 Deziel Drive, Suite 110 Windsor, ON N8W 5K8 +1 519 252 4095
3G
COM
SOUTHWESTERN ONTARIO COMMERCIAL OPPORTUNITIES SOUTHWESTERN ONTARIO SOUTHWESTERN ONTARIO
FREE STANDING BLDG
CCOOM M E R CCIIAALL OOPPP POO RUTNUINT II ET SI E S M M E R R T LIGHT INDUSTRIAL A RARE FIND
ATTENTION INVESTORS
2679 Howard Avenue HIGH / MEDIUM DENSITY RESIDENTIAL & Windsor, ON PROFESSIONAL OFFICE LAND Ð 93,000 sf - freestanding industrial /
OPE
warehouse and office facility Ð Partially tenanted rice w PAcres NÐ e7.05 Ð 16’-30’ foot clear height 1885 Blue Heron Drive - London, ON Wilton Rddoors - London, ON Ð 1180 Various grade loading BLOCK 1 Grove Ð Southon-site Londonparking location Ð Near WalMart, Canadian Tire, LCBO, Ð Ample 4 18,000 600v squarepower feet, airwith conditioned Ð 3Ð Phase several Winners, Golf Town, SportK C Chek....etc Ð Includes 5,500 sq.tf. of very nicely O connection points with various Ð Fully air conditioned BL units finished offices amperage’s throughout Ð Grade loading Ð Large lot with 30 car parking Ð 10 cranes ranging from 5-25 ton Ð Building very well mainted Sale Ð Indoor / Price Outdoor $1,700,000 storage Ð Units 1,2 - approximately 2,700 sq.ft. $175,000 NOI w/excess vacancy BLOCKÐ 2 $1,500,000 Gary Pollock ** Sale Price $1,625,000 519.931.2174 K6 Lease SALE PRICE $2,950,000 gary.pollock@cushwakeswo.com OC Rate $8.00 psf Net
Brent Rudell *** 519.438.5608 brent.rudell@cushwakeswo.com
5
Andrew Johnson * 519.438.8639 andrew.johnson@cushwakeswo.com
CK
BLOCK 3
Asking Price $4,950,000
LO N B
635 Wilton Grove Road - London Ð Building 96,024 square feet Ð Site Area - 6.495 acres Ð Zoned LI 1 Ð Various clear heights - 25’-9’ Ð Easy access to 401 with fenced compound
L BTyler Desjardine *
519.438.5403 tyler.desjardine@cushwakeswo.com
PeterPRICE Craig * $2,750,000 NEW
Park Road West F a n s h a w e 519.931.2184
peter.craig@cushwakeswo.com
Andrew Johnson, Sales Representative 519.438.8639 andrew.johnson@cushwakeswo.com
*PURSUANT TO SPECIAL PROVISIONS
FARMLAND RESTAURANT / RETAIL BLOCK 1 BLOCK 3 LAKEFRONT BLOCK 6 3.74 Acres / 1.513 Hectares Zoned R5-3(*), R6-5(*)
BLOCK 2 LAND INDUSTRIAL
6.53 Acres / 2.641 Hectares Zoned R5-3(*), R6-5(*)
5.96 Acres / 2.411 Hectares Zoned R9-7(*)
1.34 Acres / 0.542 Hectares
e Zoned R5-3(*), R6-5(*), OF1 New Pric
Brent Rudell *** brent.rudell@cushwakeswo.com
BLOCK 4 VACANT LAND
PRESTIGIOUS BLDG
1.75 Acres / 0.708 Hectares Zoned R9-7(*)
UNIQUE PROPERTY
242 Graham Street
STRATHROY Contact Agents AREA
David Jongerden, Sales Representative 519.438.9125 for further details david.jongerden@cushwakeswo.com
Andrew Johnson * andrew.johnson@cushwakeswo.com
MULTI-UNIT RESIDENTIAL PACKAGE
West Lorne, Ontario
Windsor, Ontario
45 King Street - London, ON
42917 Dexter Line - Central Elgin, ONProperty 3
Ð Located in a building to be occupied by 300+ office workers in 2017 Pkwy & River Rd Veterans Memorial Ð RestaurantON space available across from London, Budwieser Gardens Ð Approximately 9.5 Acres Thektichen Arts & Cookery Bank is acooler, free-standing Ð Complete with a walk-in 12 ft heritageexposure building on the street of West Lorne. Ð Excellent tomain Veterans rangeThe hood, gas isand electric lines building a former Bank of Montreal with a beautiful timber frame barn addition. In 2010, the Ð Memorial Bright openParkway main floor dining area building was completely renovated and remodeled, ÐÐ Convenient highway access tocommercial 401 Ownerand willnow assist with aimprovement features state-of-the-art kitchen, studio, dining area, patio and Ð Zoned H*LI2 Allowance andcooking / several or free rent meeting rooms. ÐLease Daily traffic count of approximately Lease Rate $4,500/mth Rate $19.95 psf Net + HST, Utilities & Maintenance 26,000 vehicle per day Jameson Lake * David Jongerden * jameson.lake@cushwakeswo.com SALE PRICE $995,000 519.438.9125 david.jongerden@cushwakeswo.com
Ð 201 Acres abutting Lake Erie Ð Currently farmed for Corn and Beans 1424 Southdale West Ð Sandy Loam and Light Road Clay soil runs throughout the flat andON cleared acreage. London, Ð 125 Workable and 76 Forested Acres, as well as Ð Potential a farmhousefor andFuture barn. Development Property 3 IncludedCITY is income from a Bell Mobility Tower ÐÐ Approximately 16.58 Acres CENTRE lease on the property ÐÐ Located in Byron outside Urban Future income potential through the logging and Growth Boundary maple syrup productionProperty 2 Many income sources abound as well as future ÐÐ Great access to 400 Series highways development potential Ð Abutting small towns of Komoka,
Brent Rudell, Broker of Record 519.438.5608 brent.rudell@cushwakeswo.com
Kilworth and Delaware Asking Price $2,300,000 Property 1 Ð Zoned AG1 David Jongerden * $2,200,000 SALE PRICE $689,900 519.438.9125
david.jongerden@cushwakeswo.com
Brent Rudell, Broker of Record 519.438.5608 brent.rudell@cushwakeswo.com
519.438.5588
5 1www.cushwakeswo.com 9.438.5588 www.cushwakeswo.com 519.438.5588 Andrew Johnson, Sales Representative 519.438.8639 andrew.johnson@cushwakeswo.com
Jameson Lake, Sales Representative 519.438.8548 jameson.lake@cushwakeswo.com
Real Estate Brokerage, Independently Owned and Operated A Member of the Cushman & Wakefield Alliance
Real Estate Brokerage, Independently Owned and Operated A Member of the Cushman & Wakefield Alliance
www.cushwakeswo.com Real Estate Brokerage, Independently Owned and Operated A4GMember of the Cushman & Wakefield Alliance COM
Property 1 - Strathroy, ON 370 Albert Street
Ð 3,165 sq.ft. building on 7.43 acres
Ð OneQueens storey building / no basement 602 Avenue Ð Zoned C3-4, EP London, ON Property 2
476 Giles Blvd W
Lifebreath office systemspace installedin fringe ÐÐ Premier Ð downtwon Handicap washrooms core 130 Erie St W 804 Windsor Ave Potential for over $50,000 Gross Income per year & 993 Pellisier St free parking included 245 Elliott St E ÐÐ 985On-site, in rent ÐÐ Over Property taxes (2016) $12,089 Multi unit38,000 residential package square feet
Walking distance to Downtown Business Sector and Windsor Hospital 6 Buildings - 25 Units 8% Cap rate of Net Income
ÐAsking Well wired and finished space Price $449,900 ÐLease Preference for single userpsf but space Rate $10.00 Net Asking Price $1,918,000 may be demised David Jongerden* Tyler Desjardine * david.jongerden@cushwakeswo.com 519.438.5403 LEASE RATE $14.95 psf Net tyler.desjardine@cushwakeswo.com David Jongerden, Sales Representative 11266917_3118 519.438.9125 david.jongerden@cushwakeswo.com
CUSHMAN & WAKEFIELD
SCUSHMAN o u t h w e s t e& r nWAKEFIELD Ontario
620-A Richmond St., 2nd Floor, Box 19 S o u t hLondon, w e s tOntario e r n N6A O n5J9 tario
620-A Richmond St., 2nd Floor, Box 19
* Sales Representative **Broker *** Broker of Record CUSHMAN & WAKEFIELD London, Ontario N6A 5J9
Southwestern Ontario
* Sales Representative **Broker *** Broker of Record 620-A Richmond Street 2nd Floor, Box 19 London, Ontario N6A 5J9
RY TO ITH ES GW FIVLDIN ATOR I V BU ELE
• • • •
•
• • •
WHITBY
Asking $4,450,000 Asking $211,905 per Suite Seller Reserves the Right to Refuse Any and All Offers Property is Located just North of Dundas St. West and Brock St. North New Vinyl Windows and Patio Sliding Doors installed January 2016 on the Entire Building Excellent Tenant Profile Professionally Managed Superindentent On-Site
• • •
• • •
•
HAMILTON
E DOXCE LOWNTLLEN CA OW T TIO N N
IN TA UN ON MO CATI LO
• This Property is Being
9 x One Bedrooms 12 x Two Bedrooms Upside in Rent upon Unit Turnover Above Guideline Increase has been Applied for and Hearing Date is Pending First Mortgage to be Assumed, see Property Brochure for Details Due Diligence Material Available upon Signing of a Confidentiality Agreement Contact Dani Pizzoferrato to discuss
RE A OF T VI TO EWS WN
• Asking $690,000
• 3 x Two Bedrooms
• Asking $230,000 per Suite • Property Currently • Located in Beautiful Parry Sound with Balcony Views overlooking the Town • Excellent Construction with Energy Efficient • Tenants Pay Own
Achieves Higher than
Baseboards and Heat Recovery Ventilation)
• Well Designed, Spacious • Easy to Manage Property Storage Shed at Rear of Property • Treat Financing as Clear
3 Suites
• Great Upside in Rents
of a Confidentiality
• Individual Hydro Meters
Shopping, etc Roof Replaced in the Last
Non-Conforming Unit on House Meter $2,050,000 @ 2.55% to be Assumed.
•
•
Asking $2,289,000 Asking $286,125 per Suite Close Proximity to Gardiner Expressway & 427 Highways Beautiful Trails, Parkland & Lake Ontario within a Short Walk Amenities, Shopping, Cafes & Galleries Located Along Lakeshore Blvd. 3-Storey Walk-Up Building Hydro Paid by Tenants
•
• •
N UN EAR DE RB AY
• • • •
•
3 x One Bedrooms 12 x Two Bedrooms 2 x Three Bedrooms Walk-Up Building w/ Coin Laundry Approx. 1.49 Acre Lot Area; 281.66 Feet Frontage; Irregular Quiet Small Town Atmosphere with Great Quality of Life & Sense of Community This Property is One of Only a Few Rental Buildings in Town
17 Suites
• •
•
• • •
8 x One Bedrooms Newer Medium Efficiency Heating approx. 4 Years Old Excellent Potential Upside on Turnover of Tenants Well Maintained Property Treat Financing as Clear Inspections by Appt Only: Inspection Dates TBD. Seller Reserves Right to Refuse Any & All Offers
BELLEVILLE
TH
Asking $795,000 Asking $46,765 per Suite Well Maintained Property; Excellent Superintendent on Site About 50% of Units Have New Carpeting in Last 5 Years Hallways Painted, Carpets & Flooring in Common Areas Replaced Tenants Pay Their Own Hydro
XC E UP LLE SID NT E
8 Suites
RED ROCK
•
• • •
63 Suites
LE AB T RD EN FO STM F A VE IN
•
TIC AS N NT ATIO A F OC L
• Ex. 1st Mtg of approx.
• Hot Water Gas Boiler &
• • •
SOUTH ETOBICOKE E
for all except One
Mountain close to Transit,
Market Rents • Good Tenant Profile
5 x Three Bedrooms
Provided upon Signing Agreement
• Parking for 5 Cars plus
Hydro & Heating (Electric
36 x Two Bedrooms
• Located on Hamilton
Suites
Equipment and Insulation
21 x One Bedrooms
Bid Submission Process
6 Years
PARRY SOUND G
• 1 x Bachelor
Offered to the Market in a • Information Package to be
21 Suites
ILT BU OM 13 T S 0 CU IN 2
U PO PSID TE NT E IAL
UP TU SIDE RN OV ON ER
E 2 ITS N RG LA OM U O DR
BE
• Asking $825,000 • Asking $82,500 per Suite • Extensive Capital Work Completed: Roof, Windows, Vinyl Siding & Sliding Doors • Short Drive to Hwy 401 & Shopping Including Walmart Super Centre • Property has been Submetered with One Tenant Currently Paying Hydro
• 1 x Bachelor 1 x One Bedrooms 8 x Two Bedrooms • Significant Potential Rental Upside • Income can be Increased with Addition of Laundry Facilities • Tenants Pay for Garbage • 4.5% CAP Rate • Ex. Mtg of $330,000 @ 3.05% must be Assumed
10 Suites
8172756_3118
5G
COM
11322845_3118
8 MAIN ST. E. HAMILTON
325 BARTON ST., HAMILTON
QEW & CENTENNIAL PARKWAY 45 GODERICH
OFFICE SPACE
OFFICE/WAREHOUSE
Close to the Court House, City Hall and McMaster. Available immediately. Downtown office space from 406 - 892 sq. ft. From $13.00 per sq. ft. gross
Space available with overhead door. Close to highway and in very visible location. Ideal for light industrial/distribution. 2760 sq. ft. - $2,208.00 + HST
OFFICE SPACE FORMERLY USED FOR DOCTOR’S OFFICES
1118_DJW_0033
0318_DJW_0015
Available June 1st. 1488 sq. ft. Plenty of parking and signage. Easy access to QEW. Rent from $11.50 per sq. ft. 1917_DJW_1_7007
905-777-0252 ext 304 E-mail:
info@desantis.com
www.desantis.com 6G
COM
8148088_3118
Tony DeSantis
• Apply For Permits and Build in Woodstock! • 18 unit residential fully serviced, condo development site • Steps to new hospital and Fanshawe College Woodstock Campus • Site Plan approved with floor plans, geotech and all studies • MLS • Call Ryan Briggs
2318_DJW_0024
1918_DJW_0888
$1,400,000
466 FINKLE ST, WOODSTOCK
• 1,296 sf building on 0.35 acre • Two bays with drive-in doors & ample parking • D-6 Zoning close to downtown core • Close to new Transit Hub and on bus route • Redevelopment potential • MLS • Call Ryan Briggs 3117_DJW_0014
$1,095,000
$999,900
384 GLENRIDGE AVE, ST CATHARINES
• 4.84 acres of natural open space land • Currently zoned OS1 • Close to the Grand River and Churchill Park • Pre-Consultation document proposing low to medium density residential with between 40 48 units is available • MLS • Call Duncan McLean
• 4 x 3 Bed Units (12 Student Rooms), Fully Furnished • Potential to add 4 Rooms in Basement • Close to Brock University & Bus Route • Recently Updated, Professionally Managed with Ample Parking • MLS • Call Ryan Briggs #3 - 35 CHERRY BLOSSOM RD, CAMBRIDGE
$249,900
3917_DJW_0012
$25 - $40/SF
1718_DJW_0052
255 NORTHFIELD DR, WATERLOO
• 1,000 - 9,505sf inline and pad sites, to be constructed • MXC zoning permits many uses • Complex will include 250 residential units • 15 minute walk to future Light Rail Transit route • MLS • Call Duncan McLean
• 20 year old established catering business • State of the Art industrial kitchen with storefront cafe & temperature controlled trailer • Business includes contracts and assets • Financials etc. are available for qualified buyers • MLS • Call Christina Rooney 519-654-2408
SEEKING INDUSTRIAL LAND OR BUILDING FOR SALE OR LEASE
#4 - 885 GLASGOW ST, KITCHENER
KITCHENER, ONTARIO
519.578.0337
CELL:
• 14 unit walk-up apartment building close to Rockway Gardens in Kitchener • Well-maintained and professionally managed • Recent building improvements include Roof (2017), balconies and railings (2016) • MLS • Call Ryan Briggs
$699,900
1257 KING ST E, CAMBRIDGE
• Rare 0.237 acre multi-family residential development land in Preston • Potential for 7 to 22 units • Underground parking design fits topography • Convenient location for transit, shopping, park & hospital • MLS • Call Duncan McLean 222 KING ST S, WATERLOO
$25/SF
• Newly constructed office/retail space on the main floor of the Cortes • Unit sizes consist of 967, 1367, 1390 & 2334 sq. ft. • Prime location in the heart of Uptown Waterloo • Located on public transit and light rail transit routes • Minutes from many major employers • MLS • Call Rebecca 519-578-0337
281 GODERICH ST, PORT ELGIN
FROM $15/SF
1917_DJW_0071
$18/SF
3917_DJW_0013
• Kitchener, Waterloo, Cambridge, Guelph • 100,000 – 200,000 sq ft with small office component • Outdoor storage space required • Purchase or Lease with long term (minimum 10 years) • Truck Level Loading, High Bay Heights, Good capacity voltage, Environmental and efficient upgrades a positive • Off-market and confidential opportunities will be respected • Contact Duncan McLean
$2,100,000
2318_DJW_0023
2317_DJW_0044
1518_DJW_0025
193 WATER ST S, CAMBRIDGE
60 DOON RD, KITCHENER
2718_DJW_0031
1118_DJW_0088
• 2 acre high profile redevelopment site • Proposed C-2 zoning allows for high density residential/mixed use neighbourhood commercial • Minutes to Hwy 85, on public transit route and few blocks from two future LRT stops • Ideal for main floor commercial and up to 12 storeys residential at density up to 242 bedrooms per acre • 10,700 sq ft professional office building currently leased • $107,000 / year holding income for 30 – 50 months • Exclusive • Call Duncan McLean
3118_DJW_0031
$4,995,000
153 UNION ST E, WATERLOO
• 1,500sf light-filled space with ample windows, four offices, washroom and staff room • Full Basement available at low additional cost • I-1 zoning allows numerous health, financial, office or personal uses • CAM $15.57/sf • MLS • Call Duncan McLean
• High visibility Port Elgin Square • Units from 1,000 – 16,000sf, some with shipping docks • Potential pad site w/design/build opportunity • CAM $5.25/sf • Join Bruce Power, Carey Optical, Miracle-Ear Hearing Centre, Co-Operators and UPI Gas Bar • MLS • Call Duncan McLean
NEIL KOEBEL
RYAN BRIGGS
DUNCAN MCLEAN
Broker of Record
Sales Representative
Sales Representative
519-741-6594
Neil@cmarealty.ca
CELL:
519.498.5775
Ryan@cmarealty.ca
CELL:
11280798_3118
$999,900
111 WEBER ST W, KITCHENER
519.590.7997
Duncan@cmarealty.ca 7G
COM
11322845_3118
What our clients are saying about us
SOLD Jun 10 -
Jul 08, 201 7, Volume
INCORPO Full Covera
17 Issue
RATING FRANCH
ge Area Incl
THROUGH THE COMMERCIAL INVESTOR
06
$
ORP REAL DAVIES, TY INC. BROKER REAL ESTAT OF E BROK RECORD TEL: 519ERAGE GUELPH,ON 836EMAIL: wjmdavies 2080 TARIO @rogers.c om
SKOKA DEV
Lrg building for sale in Downtown Hamilton. Former Presbyterian Church building - 3 flrs of offices, including gym, chapel, lrg sanctuary. Many poss. on this site from retrofitting the building to full redevelopment. Located at South W corner of Tisdale N and King W. 1917_DJW_1_0009
Nicholas Kazan, Nicolas von Bredow, Royal LePage Macro Realty, Brokerage
250-2247 Rymal Rd. E. Stoney Creek, Ont. L8J 2V8
Broker nkazan@royallepage.ca Office 905.574.3038
Broker nvbredow@royallepage.ca Office 905.574.3038
Not intended to solicit Properties or Buyers Currently Under Contract
NT PROPER
TY
Existing
rental build lot for sale ing PLUS prime 1 Bay Stree comm t, Baysville, ercial building Ontario $495,00 0.00 overlookin g Lake Visit webs ite: <bay of Bays dam-site streetboys for full inform .ca> Contact: george@ba ation ystreetboy s.ca or Tel:
mercial Inves
Directly
tor delivered
(705) 767
directly to
-3743
your door!
See inside
for details
(COM)
Get The Com
ELOPME
FC_2317
6-214-48 41 7
8G
• Large SOLD BY and WINCORP • Have many Small Apartment REALTY Buildings INC. • Specializin CASH Buye anywhere rs in Ontario • Reference g in multi-resid ready to inves ential sales t NOW • Confidenti s supplied for over ality guara 40 years nteed CONTACT: WINSTON WINC
Brokers Mobile Real Esta Networking te Associati on New
IPTION!
$1,050,000
Ottawa!
S WANTED
TED WAN
PRIME MU
SUBSCR
ENT BUIL DING
D TE AN W
| www.Hea therAhrens | Office: 705-887.ca 7878
Listings Haves & Daily, Wa 75% Exc nts, lusive Results 3-7 secondsin on you r phone ICIWorld.com iciworld.mo bi Add It To Your Or Add The Home Screen ICIWorld FREE App
COM
APARTM
D NTE WA
Over 6 acres of Indust on main busy County rial zoned (M1-1) property uses under Rd with approx current zoning 121 in Fenelo . beautiful n Falls. include High traffic 89ft of road frontag Centur e fenced storag y Home with Large boat repair and exposure. Permit e area & Shop & Works furniture repair ing chang so much shop. Reside ted hop e to in a motor vehicle M1, custom workshmore to offer!! Additioareas each approx 20`x40` & op, industr nal parts, Busine ial mall, warehuses dependent ss/Profession on zonousing, dry al office, HEATHE etc. MLS# land 631600202, marina, R AHR X3763501 Email: Heat REMAX All-Sta ENS Sales Repre rs Realty herAhrens senta @remax.ne Inc., Brokerage tive Phone: 705t
5
IN HAMILTON
ISE AND BUSINES
uding Win S OPPO HOME BASE dsor, Ham RTUNITIE D M1-1 ZONI ilton, Toro S 551 CTY RD NG nto, Niagar 121, FENE INVESTMENT OPPO a Falls, Kin LON FALL S, KAWARTH RTUNITY!! gston and 00 LARGE A LAKES 9,0 AND SMA 84 LL
344-4235
IN HAMILTON BUILDING FOR SALE
For information call 1.800.268.0077
RENATE SIEBER-SCHLEGEL Broker of Record
Land Exchange Ltd. Brokerage Independently Owned and Operated
262 Josephine St., Wingham www.remaxlandexchange.ca Office: 519-357-3332
Cell:
519-531-1177 11322724_2718
37651 AMBERLEY ROAD, LUCKNOW
S A
LE
$799,900
FO R
COMMERCIAL – Newer bright professional office building including 9+ office spaces and large board room. Situated on 10 acres with 1000ft frontage on highway 86 just south of Kincardine. AG-3, Fully Fenced Yard, Automatic Standby Generator, Fiber-optic High-speed Internet, Great exposure. 2318_DJW_0011
2318_DJW_0012
103 FARRELL DRIVE BRUCE ENERGY CENTRE, KINCARDINE N0G 2T0
LE
$7,950,000
FO
R
S
A
11.47 Acres of Commercial Redevelopment Land in the Bruce Energy Center, Kincardine. Conveniently located 2.5km to the access gates to Bruce Power. Currently 5 buildings totalling 41,000 SF, Power – 8000 amp Substation, Municipal Sewers and Industrial Water. This property is available for immediate possession.
2318_DJW_0013
2318_DJW_0014
165 KINCARDINE HIGHWAY, WALKERTON
FO
R
LE
A
S
E
$10 PSF NET - INDUSTIAL * $18 PSF NET - OFFICE
2318_DJW_0016
2318_DJW_0015
214,810 SF of manufacturing facility including, 32, 880 SF of bright office space. Situated on 21.19 acres at the intersection of Highway 4 and 9 in Walkerton. Power – 4,200 amp Substation, Municipal Sewers and Water, 9 loading docks, fully fenced yard. This property is available for immediate possession. Approximately 183 km North West of Toronto and 47 km South East of Bruce Power.
80237 BLUEWATER HIGHWAY, GODERICH, ON N7A 3X8
FO
R
S
A
LE
AL ION DIT T ON AC R C TR DE ON UN C
2318_DJW_0017
$1,299,900 Prime 48 acre commercial/residential development on the south side of Goderich on Highway 21 with view of Lake Huron. Across from Suncoast Mall and Industrial Park. Adjacent to new subdivision. Environmental study available.
2318_DJW_0018
9G
COM
Limited Availability!
*Artist’s Rendering of Longfields Square Shown. See Sales Consultant for details. E. & O.E.
11321355_3118
15 Units Available Ideal for a Restaurant, Medical Office, Personal Service and MORE. MORE
Close to Schools and Transit • Community with High Real Estate Appreciation Value! Legend 1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
SOLD
21 22
R
23
24
25
26
27
PN
1603 sqft 149m2
1006 sqft 93.5m2
UNIT 14
30
UNIT 11
R
1270 sqft 118m2
29
1259 sqft 117m2
R
R 1603 sqft 149m2
UNIT 10
1141 sqft 106m2
1141 sqft 106m2
S
1141 sqft 106m2
1141 sqft 106m2
1141 sqft 106m2
1141 sqft 106m2
1141 sqft 106m2
R
S
S
1141 sqft 106m2
S
1173 sqft 109m2
31
28
32
33
34
35
36
37
38
39
40
41
S
LONG FI
16/07/18
UNIT 12
RIVE
1006 sqft 93.5m2
UNIT 13
UNIT 9 UNIT 8 UNIT 7 UNIT 6 UNIT 5 UNIT 4 UNIT 3 UNIT 2 UNIT 1
VIA MODUGNO PLACE
ELDS D
VIA CAMPANALE AVE
20
UNIT 15
Reserved
SOLD Reserved
COMMERCIAL UNITS FROM
1,006 sq. ft. to 1,603 sq. ft. Campanale.com/LongfieldsSquare 10G COM
613.440.3750
Volume 18 Issue 08
1
Commercial Real Estate & Business Opportunities
Featuring the Best Selection of Industrial, Commercial and Investment Opportunities
INDEX Kitchener, Waterloo & Guelph Southwestern Ontario
12
Hamilton
18
Greater Toronto Area
25
Central Ontario
34
Eastern Ontario
37
Collingwood
Georgina Brock
Port Elgin
Bradford
Business Opportunities Haliburton
Manotick Carleton Place Mountain Merrickville Perth Morrisburg
46
Maxville
Lindsay
Peterborough
Campbellford
Uxbridge Cobourg
Elizabethtown
Gananoque
Kingston Belleville Trenton
Oshawa Bowmanville
Markham Caledon Pickering Georgetown Vaughan Scarborough Brampton
Listowel
Mississauga Waterloo Guelph Oakville Kitchener
Toronto
Cambridge Burlington
Grand Bend
Hamilton
Ancaster
Woodstock Brantford London
Haldimand Tillsonburg
Nanticoke
St. Catharines Niagara Falls
Welland Fort Erie Dunnville
Simcoe
Norfolk
Get the full coverage you need â&#x20AC;&#x201C; advertise in Commercial Investor Next issue:
September 1, 2018 Advertising deadline:
August 20, 2018
Chatham Windsor
For advertising information call
Toll Free 1.800.268.0077 or e-mail us at: thecommercialinvestor@nexthome.ca Copyright Notice: Published by:
Tel: 416.626.4200 Fax: 416.789.9705 Toll Free: 1.855.626.4200
MEDIA CONSULTANT Doreen Wills CIRCULATION INQUIRIES Toll Free: 1.855.626.4200
All copyright and other intellectual property rights in the contents hereof are the property of Commercial Investor, and not that of the individual client. The customer has purchased the right of reproduction in Commercial Investor and does not have the right to reproduce the ad or photo in any other place or publication without the previous written consent of Commercial Investor. Contents of this publication, in
Please say you saw it in The Commercial Investor
Cornwall
Charlottenburgh
Augusta
Smiths Falls
Newmarket
Orangeville
Sarnia
40
Kanata Gloucester Nepean
Orillia
Barrie
Goderich
Hawkesbury
Gatineau Rockland
Hull Orleans Arnprior Renfrew Ottawa
Niagara READ BY over 100,000 Business Readers! Distributed in over 1,700 locations! Owen Huge coverageSound area - Windsor to Ottawa!
4
hard copy format as well as online, are covered by copyright law, and offenders will be prosecuted. Copyright 2018. All rights reserved. Reproduction, storage in a retrieval system or transmission, in any form or by any means, whether electronic, mechanical or otherwise, in whole or in part, without prior written permission of Commercial Investor is strictly prohibited.
2
Commercial Real Estate & Business Opportunities
Volume 18 Issue 08
Featuring the Best Selection of Industrial, Commercial and Investment Opportunities
Special Features 6 TRENDING – Why using dashboards boosts productivity 20 INVESTMENT – BDC helping more entrepreneurs with financing and advice 30 INVESTMENT – Colliers Q2 2018 office market report 36 LEGALLY SPEAKING – Are assets or shares your best bet? 44 MORTGAGE INTEL – How to deal with mortgage affordability issues 45 INVESTMENT – Remax survey on recreational properties: seniors driving the market GLOSSY SECTION EDITORIAL 12G BUSINESS SAVVY – Apartments remain crowd favourite: Morguard economic outlook report 15G TRENDING – Research project measures impact of building design on well being
p15G Please say you saw it in The Commercial Investor
Volume 18 Issue 08
3
Commercial Real Estate & Business Opportunities
OPPORTUNITY IS KNOCKING Don’t miss any opportunities!
Subscribe today! Have 3 issues of The Commercial Investor
DELIVERED DIRECTLY TO YOUR DOOR– FOR FREE! Keep yourself up-to-date with a subscription to The Commercial Investor. Have the latest issue delivered to your door for three months.
✔The Newest Opportunities ✔Informative Editorials ✔The Best Selection To subscribe, simply mail or fax a completed Subscription Form (below) or email your subscription information in confidence to: thecommercialinvestor@ypnexthome.ca *Interested in an annual subscription? Call 416-784-5060 or Toll Free 1-877-269-8257 for details.
✔ Yes, I want 3 FREE Issues!* Name/Company: _________________________________________________________ Mail your completed form along with your payment to: The Commercial Investor 401 The West Mall, Suite 500 Etobicoke, ON M9C 5J5 Fax: 416-789-9705
Address: ________________________________________________________________ City: _____________________________ Province: ______ Postal Code: ____________ Phone : (_______)______________________ Fax : (_______)_____________________ Date: ____________________________ Signature: _____________________________
Or, email us at: thecommercialinvestor@ypnexthome.ca
Please say you saw it in The Commercial Investor
*Canadian Residents Only
KITCHENER, WATERLOO & GUELPH
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
KITCHENER, WATERLOO & GUELPH SECTION COVERING: Cambridge Durham Elora
Fergus Guelph Kitchener Waterloo
For advertising
contact Doreen Wills Tel: 1-800-268-0077 or 905-570-9283
doreen.wills@ypnexthome.ca thecommercialinvestor@ypnexthome.ca
5
Commercial Real Estate & Business Opportunities
Kitchener/Waterloo Guelph & Cambridge
Volume 18 Issue 08
www.teammilovick.com
519-745-7000
BROKERAGE INDEPENDENTLY OWNED AND OPERATED
Unit 15C, 370 Highland Road West, Kitchener, ON N2M 5J9
Mike Milovick B.B.A., CCIM, Broker mike@teammilovick.com
fax: 519-489-1333
Jennifer Shingler
www.TeamMilovick.com
11298911_3118
Grand Valley Realty
Sales Representative jenn@teammilovick.com
Invest in Ontario’s Number 1 Town Today! Subscribe: Latest KWC Real Estate News: www.FaceBook.com/TeamMilovick 15 MOWAT BOULEVARD, KITCHENER • Rare, 20 Unit Low-Rise Apartment Building. • Concrete and brick construction. • Central Kitchener location easy walk to Laurentian Hills Plaza, and big box stores at Laurentian Mall. • Building mix of 16 one bedrooms, 3 two bedrooms, 1 bachelor. • Upswing is available for patient investor by increasing rents to market on re-rental, charging for parking, utilizing attached double car garage for paid storage, submetering and through unit modernization/tenant repositioning • MLS®
D L O S 2,170,000.00
$
1918_DJW_0022
6 SMETANA DRIVE , KITCHENER
$
407 RIPPLETON DRIVE, LONDON
649,900
• Legal duplex in desirable Grand River North! • Open concept, contemporary, 2496 SF of finished space, purpose-built, owner-built, • Separate meters: water and electricity. Two gas furnaces!
• Both tenants on month-to-month leases. • All leases net net net! • Could work very well for owner occupier that enjoys quality of life with mortgage helper income, • MLS® 2718_DJW_0017
599,900
$
• $3475 Monthly Gross Income • AAA Student Opportunity • 5 Bedrooms, 5 Baths • Quick Walk to UWO Campus
114 MARSHALL STREET , WATERLOO
$
459,900
3118_DJW_0029
A - 239 CEDARBRAE AVENUE, WATERLOO
299,900
$
• $30,000 of scheduled income • Easy walk to both Universities (five available here (with tenants minute walk to WLU, ten minute bike covering utilities)! ride to UW) and Uptown Waterloo • Student investment features positive • City-Approved Rental Licensed cash flow positive with just 20% down. Property has a rare Class D2 (five • Leases in place until at least end of bedroom) rental license! April, 2019! • MLS® 2718_DJW_0016
• On Direct Bus Route • Fully Renovated • Exclusive
3118_DJW_0015
(good for up to five rental • $20,400 Projected Gross Annual Income Available here! bedrooms, currently has four • Nice price point for freehold (no condo bedrooms) in place. maintenance fees), legal, rental• Walking distance to the David licensed investment opportunity. Johnston University of Waterloo • Get a foothold in the lucrative, Science and Technology park. Waterloo student housing market, here • Written leases in place to at least • ! City approved Class D2 license end of December, 2018. • MLS
Please say you saw it in The Commercial Investor
trending
How the best companies use dashboards to boost productivity
T
he great management theorist Peter Drucker once observed: “What’s measured, improves.” That’s never truer than when you want to improve a company’s operational efficiency. Measuring performance in key areas allows a company to evaluate how its doing compared to internal goals or benchmarks, such as industry averages. Then, it can get started on improving its results. Yet, many smaller companies have no system for measuring its operating performance on a regular basis, says Business Development Corp. business consultant Stéphane Chrusten. This hinders its ability to improve, or worse, exposes it to nasty surprises when things go seriously wrong.
For this reason, Chrusten also recommends monitoring no more than four KPIs per department based on a company’s main corporate objectives and focus. He also recommends that companies devote its energy to improving in one or two areas where it has major operational challenges. This might include: lead time, inventory management, product quality, etc. Once goals are obtained in priority areas, the company can move on to work on others. 2. SET UP YOUR DASHBOARD Supervisors should be responsible for collecting KPI data on a daily or weekly scorecard. They then transfer the information to a dashboard – a paper or softwarebased system – where the data for each KPI is plotted on a graph. In this way, trend lines will emerge as the days and weeks pass. 3. HOLD REGULAR STATUS MEETINGS
Here are Chrusten’s tips to create performance dashboards as part of a continuous improvement program at a company.
On a daily or weekly basis (depending on the type of business), supervisors should meet with employees to discuss the performance dashboard. During the meeting, the team discusses what’s going well, what’s going less well, and where there are opportunities for improvement that will create a new positive trend. The idea is to create excitement about achieving better results. Supervisors should look to delegate responsibility to employees and empower them to go beyond their regular duties and strive for continuous improvement.
1. SELECT YOUR KPIS
A CONCRETE EXAMPLE
Choose the KPIs. The information should be easy for employees to focus on, collect and understand. That’s because a main challenge will be simply getting employees to regularly collect and record the data so it can be used to generate continuous improvement.
Chrusten offers an example of how a performance dashboard works in practice. One of his clients, a food processor, needed to increase production to meet demand. Management started to investigate production downtime and noticed it was taking 45 minutes to start production in the morning.
Chrusten, a lean manufacturing expert, says a good way to introduce a measurement system to a business is to select key performance indicators (KPIs) and then use them to create performance dashboards.
By monitoring this KPI and working on improvements, the team was able to get start-up time down to 20 minutes. The company believes it can eventually bring it down to 10 minutes. “The KPI helped sustain improvement,” Chrusten says. “It’s very contagious. When you start improving your performance, you want to go further and further. When you measure stuff and compare your performance to targets, it’s human nature to want to hit those targets and exceed them,” he adds. Source: BDC
BROOK BUILDING CONSULTANTS
PROTECTING YOUR INVESTMENT
M a s o n r y - M a i n t e n an c e a n d R e p a i r Brick masonry is one of the oldest and most popular building materials, but over time the mortar joints deteriorate and can allow water entry. Properly tooled or finished mortar joints are essential and ensure strong, watertight walls. Problems with masonry walls. Most problems develop at the mortar joints. Sometimes, the mortar shrinks, causing the joints to open; old fashioned lime-based mortar often crumbles. Freeze-thaw cycles in coldwinters climates, excess moisture, and settling also result in mortar problems. Repointing mortar. To repair cracked or crumbled mortar, you'll have to remove the old mortar and "repoint" the joints (fill them with new mortar), as shown in the illustrations. Mortar Mix: Through you can make your own mortar, it's easier to use dry ready mixed mortar (use weather-resistant type N), available at building supply stores. You can also take a sample of your old mortar and have the building supply store match your existing mortar for a more natural look. Prepare the mortar according to the manufactures directions. When you are filling the joints, you may want to use a special tool called a hawk to hold the mortarUsing a jointer, steel rod, or trowel, tool the new joists to match the existing ones. Mortar joints should be tooled when they are "thumbprint hard" (neither so soft that they smear the wall nor so hard that a metal tool leaves black marks). Keep tooled joints damp for 4 days to cure the mortar. Spalling: Sometimes masonry bricks deteriorate with the brick face cracking and spalling. This is caused by water being absorbed into the brick through racks, porous brick, sandblasted brick or failed flashing. You replace spalling bricks by chipping out the mortar joints and removing the brick. Replacement bricks can be bought from building supply stores, you may want a reclaimed brick (recycled from a demolition) this will match your existing brick more closely. A clear breathable sealer approved for masonry can be applied to the brick face to prevent the brick form absorbing water. Recommendation: For brick repairs and mortar repairs we suggest that you contact a professional mason and in the case of older historic buildings contact a historic mason to complete these tasks to ensure compatibility of colour, texture, mix and strength of mortar are maintained. Reference: â&#x20AC;&#x153;Home Repair Handbookâ&#x20AC;? Sunset Books Inc.
C O N S U LT I N G E N G I N E E R S Building Inspection Cost Consultants
www.BrookBC.com 905-385-4496 1-888-343-3023 11236833_3118
Please say you saw it in The Commercial Investor
Kitchener/Waterloo Guelph & Cambridge
7
Volume 18 Issue 08
8
Commercial Real Estate & Business Opportunities
Volume 18 Issue 08
Kitchener/Waterloo Guelph & Cambridge
COLDWELL BANKER COMMERCIAL COLDWELL BANKERREALTY, COMMERCIAL PETER BENNINGER BROKERAGE
PETER BENNINGER REALTY, BROKERAGE 508 RIVERBEND DRIVE, KITCHENER, ON. PHONE: 519-743-5211 508 RIVERBEND DRIVE, KITCHENER, ON. PHONE: 519-743-5211
909 SF · $800/mo. · MLS:30560474 · Kitchener R E TA I L / O F F I C E Low cost office space. Utilities extra. Gary Boudreau* COLDWELL BANKER COMMERCIAL 5,000 SF ∙ $6.00/SF ∙ MLS: 30650827 ∙ BRESLAU FROERTASIAL L/ EO/FLFEIAC SE E Centrally Level Office Space. $16.95/SF Lower · MLS:30535669 · Kitchener SF · Located. PETER BENNINGER REALTY,1,824 BROKERAGE James Boudreau**/Gary Boudreau*
1,184 SF · $16.00/SF · MLS:30538507 · Kitchener Drive up retail unit with signage on Highland Rd. 3,000 SF ∙located $799,000 ∙ CAMBRIDGE Centrally on∙ MLS: high 30650013 traffic road in a high Beautifulresidential Office Building with 8 tenant Parkingsupport. Spaces density area. Strong LesterTobin* Tobin* New Building, High Visibility, Free on-site parking. Located Just South of Hwy #401. Lester 508 RIVERBEND DRIVE, KITCHENER, ON. John Hoffman*/Gary Boudreau* 1,740 SF · $32.00/SF · MLS: 30554732 · Waterloo 800 SF · $21.00/SF · MLS:30543919 · Waterloo 3,000 SF ∙ $28.00/SF ∙ MLS: 30637864 ∙ KITCHENER COMMERCIAL CONDO UNIT & PHARMACY BUSINESS Main Former restaurant/bar located in University District. PHONE: 519-743-5211 floor opportunity. High traffic intersection of 1,197 SF · $14.00/SF · MLS: 30558849 · Waterloo Freestanding 1,100 parking. SF ∙ $1,975/Month ∙ MLS:Lester 30673625 pad site with drive-thru. Ample on-site On-site Corner Unit. Tobin* FOR SALE∙ WATERLOO ∙ 1 , 9 5 0 SF ∙ 1,499,000 MLS: University & Bridge. Seconds from Hwy 85. Located in corner building at King St fronting on Erb WATERLOO ∙ Quite, peaceful office unit. Located in 30651480 ∙ One G.P. on-site operating as a walk-in drive up parking. Lester Tobin* Colin Vogel* Ample parking nearby. Lester Tobin* the trees. idstance to Uptown shopping area. St. $10.00/SF · MLS: 30543869 · Waterloo 3,100 SF ·Walking 909 $800/mo. · MLS:30560474 · Kitchener clinic.SF · VTB available. 8 Parking spaces. 1,184 SF · $16.00/SF · MLS:30538507 · Kitchener R E TA I L / O F F I C E · ∙ $1,999/Month · MLS: 30557358 · Waterloo Onsite parking. LotsHigh of windows sky Ample lights. Low cost office space. Utilities extra. Gary Medical office space exposure &and traffic. Drive retail unit with signage on Highland Rd. 950 SF SFup $14.00/SF ∙ MLS: 30605818 ∙ WATERLOO Lester Tobin* 920 388SF · $895/Month · MLS: 30557365 · Boudreau* Waterloo onsite freeFparking, large windows, close toTobin* public Utilities Included. Newly renovated, finished office. Centrally located on office. high traffic road in ato high Lester Professional 2nd floor Centrally located K-W O R S A L E / L E A S E Utilities Included. Finished private office. 2nd floor. transit, Universities & Conestoga College Lester Tobin* 1,824 SF · $16.95/SF · MLS:30535669 · Kitchener 2nd floor, 4 large windows an abundance of density residential area. provide Strong tenant support. GUELPH, seconds from Hwy 85. 2,100 window SF ∙ $16.00/SF MLS:of 30652548 ∙ KITCHENER Large provides∙ lots natural light. Sept 1/17 and and for Tobin* New High Visibility, Free on-site parking. Colinready Vogel* 1,700 SF ∙ $24.00/SF ∙ MLS: 30670477 ∙ KITCHENER possession. Well finished Office Space. Low CAM’s . natural light. Portion of unit is vacant Lester Bright,Building, Colin Vogel* 22,383 SF · 2.69 Ac. · $4,100,000 · Waterloo occupancy. Colin Vogel* John Hoffman*/Gary 1,740 SF · with $32.00/SF · MLS: · Waterloo Retail unit high traffic and30554732 high exposure. Ample JohnBoudreau* Hoffman* Purpose built office building, conveniently located at 1,488 SF · $26.00/SF · MLS: 30502665 · Kitchener 800 SF · $21.00/SF · MLS:30543919 · Waterloo Former restaurant/bar located in University District. 5,800 SF ∙ $685,000 ∙ MLS: 30599428 ∙ AYR Lester Tobin* on-site drive-up parking. Full basement. Main floor opportunity. High traffic intersection of SF · plaza $14.00/SF · MLS:of30558849 · Waterloo a high pro le intersec on. Currently nished for 1,197 retail on corner Fischer Hallman and 1,114 SF · $12.00/SF · MLS:30524639 · Kitchener On-site parking. Corner Unit. Lester Tobin* New Located at the Urban Ayr. IdealHwy for office, University & gateway Bridge. toSeconds from 85. RETAIL/OFFICE BUILDING SALE KITCHENER inDr. corner building fronting on Erb professional office user, but presents an ideal Located Seabrook High exposureatFOR -King highSt traffic. Ample on Looking 1-2 general prac oners to take over a vet., or office placeofofa re worship. ColinVogel* Colin 532 SF ∙ for $1,199/Month ∙ MLS: or 30664627 red doctor. Includes 4Vogel* fully 1,460 SF parking ∙ parking. $575,000 High medical Ample nearby.∙ MLS: 30650818 opportunity medical conversion complete∙ St. site drive-up Lester∙Tobin* · MLS: floor 30543869 · Waterloo 3,100 SF · $10.00/SF WATERLOO ∙ Finished office. 3 large Visibility. Centrally Located. Call for more equipped exam rooms, built in recep on area, redevelopment for 2nd increased density. 920 SF · $1,999/Month · MLS: 30557358 · Waterloo Medical office space High exposure & traffic. Ample 1,413ngSFroom ∙ $2,200/Month ∙ MLS:Located 30516996 KITCHENER windows. High intersection. 24/7 890 388SF MLS: 30557365 Waterloo wai & washrooms. in ∙busy retail SF · · $895/Month $1,890/Mth. 30557318 · Boudreau* Kitchener Petertraffic Benninger**/Chris James· Boudreau**/Gary onsite free parking, large windows, closeKolednik** to public details! Utilities Included. Newly renovated, finished office. a Shoppers Drug Mart. Lester Tobin* Utilities Included. Finished private office. 2nd floor. plaza Greatwith location for Medical use. Gary Boudreau* electronic reader board. Colin Vogel* transit, Universities & Conestoga College Lester Tobin* Great Basement space behind grand river hospital 2nd floor, 4 large windows provide an abundance of 30,359 SF • 1,363 SF Mezz. • $3,450,000 • Waterloo More Large window provides lots oftoday! naturalChris light.Kolednik** Sept 1/17 units available. INVESTMENT RETAIL CallCONDO FOR SALE ∙ naturalSFlight. Portion of unit is vacant and ready for $12.50/SF MLS:30562379 Kitchener Colin Vogel* 5,652 2.71 Professionally nished ∙ office space. possession. 2,332 SF ∙ · $20.00/SF ∙· MLS: 30637835 Colin ∙· KITCHENER 523 SFAc.(+/-) ∙SF$39.00/SF ∙ MLS:· 30662378 WATERLOO Ac. $4,100,000 · Waterloo 22,383 · 2.69 W A T E R L O O ∙ 900 SF ∙ $699,000 ∙ MLS: 30651484 ∙ New occupancy. Vogel* Building, High Visibility, Free on-site 390 SF · $850/Mth. · MLS: 30555731 · Kitchener Unique design with sky-lighted hallway Last unit available in new retail plaza. High exposureNew retail unit withbuilding, patio. Located in &themany heartskyof 1,488 Purpose built office conveniently located at · grand MLS: 30502665 · Kitchener SF directly · $26.00/SF Located in the University District. 10 Year lease in parking.. John Hoffman*/ Gary Boudreau* Located behind river hospital. Unit is lights throughout. Features an execu ve boardroom 1,114 SF · $12.00/SF · MLS:30524639 · Kitchener High traffic. On-site drive up parking. Lester Tobin* nished for New athehigh pro leDistrict. intersec on. Currently Lester University Tobin* on corner of Fischer Hallman and place.retail Price includes restaurant equipment including for plaza medical practitioner looking for short w/adjoining kitchene e for catering, many smaller perfect oners to FOR take over 1-2 general prac SPACE professional office user, but presents an ideal Seabrook PROFESSIONAL OFFICE LEASEa Dr. High exposure - high traffic. Ample on Looking ecology kitchen hood & 1 parking space. term occupancy. Call for more info! boardrooms/kitchene es, change room & shower doctor. Includes 4 fully medical office of a re •∙ red opportunity for medical conversion or complete site drive-up parking. 5,652 SF ∙ $14.50/SF MLS:30562379 ∙ KITCHENER 1,800 SF • $15.00/SF MLS# 30564411 •Waterloo Lester Tobin* 900 SF ∙ $16.00/SF ∙ MLS: 30663768 ∙ KITCHENER Lester Tobin* Chris Kolednik** facili es. Colin Vogel*/Peter Benninger**/ equipped exam Space. rooms, built recep redevelopment increased density. Good on ErbNew St. Unitin features onarea, site Building. Highon Visibility, ∙Class Exposure A Office Last Unit! Retail for unit with high and Chris traffic Kolednik** room & washrooms. in busy retail wai 890 SFSF· ·$1,890/Mth. · MLS: 30557318 ·· Kitchener Peter Benninger**/Chris Kolednik** 1,071 4 private offices andLocated large open work or Free ngon-site parking. John Hoffman* $18.50/SF · MLS:30558620 Waterloo parking, exposure . Ample on-site drive up parking, easy 2,792 SF ∙ $21.00/SF ∙ MLS: 30651271 ∙ KITCHENER plaza with space. a Shoppers Drug Mart. Roman Lester Tobin* Great floor Basement spaceinbehind grand award river hospital Ginzburg* Main opportunity well known, winning classroom access to highway. Lester Tobin* $22.00/SF · MLS: 30551894 · Waterloo 1,957 SF · Newly constructed retail plaza w/high exposure and 30,359 SF • 1,363 SF Mezz. • $3,450,000 • Waterloo building. More units Call today! Chris Kolednik** Highavailable. traffic intersection. Seconds away from 2,000 SF ∙ $12.00/SF ∙ MLS: 30582783 ∙ ST JACOBS Great Ac.(+/-) Opportunity to get in at the ground level! traffic. Centrally 5,652 SF · · $12.50/SF 1,413 SF $12.00/SF ·· MLS:30562379 MLS: 30516996 ·· Kitchener located near highschool,Colin sportsplex, 2.71 Professionally nished office space. Hwy 85. Vogel* 2nd Floor Office Space overlooking King Street. Rear Many usessky-lighted - unit divisible. Callskyfor 390 New location Building, High use. Visibility, Gary Free on-site for Medical Boudreau* · $850/Mth. MLS: 30555731 Kitchener 3,000 permitted SFdesign ∙ $680,000 ∙allowed MLS: 30653747 ∙&KITCHENER new SF high density · residential & · LRT stop. Great Unique with hallway many parking at grade, street parking available. Window more information! Kolednik** John Hoffman*/ Gary Boudreau* behind· grand river hospital. Unit is parking.. Unique opportunity to anown a vemixed use Located boardroom lights throughout. Features execuChris Lester Tobin* 1,184 SFdirectly · $12.00/SF MLS:30538511 · Kitchener 839 SF · $12.00/SF · MLS:KW1537515· Kitchener signage permitted. Gary Boudreau* medical practitioner looking recep for short for catering, w/adjoining kitchene e building Commercial/Residential stepsmany from smaller Down- perfect Turn-keyfor doctors office. 5 exam rooms, on, Finished office, great OFFICE SPACE FOR use. LEASE for medical & service low 3,436 · $26.00/SF ·Both 30554611 occupancy. Call &forstorage. moreCentrally info! PROFESSIONAL es,MLS: change room shower term boardrooms/kitchene town SFKitchener! Res. Units· &Waterloo currently e, 2 FOR washrooms kitchene RETAIL CONDO SALE ∙ 1,950 SF ∙ WATERLOO 1,800 SF • $15.00/SF • MLS# 30564411 •Waterloo common fees, on transit route, exis ng 460-865 SF ∙ $29.00/SF ∙ MLS:30615776 ∙ WATERLOO Chris Kolednik** Former bar/night club in University District. On-site facili es. Call for Colin Vogel*/Peter rented. more info. ChrisBenninger**/ Kolednik** located in Spaces high density residen ∙ al area. Traffic counts 8 Parking ∙ $1,499,000 MLS: 30651480 ∙ New Good Exposure on Erb St.Occupancy. Unit on include Short Stop, KW features Gaming, Curves, New retail units. Sept 1/18 Located insite the drive-up parking. High exposure, traffic. over 41,000 cars. Strong tenant support, Shoppers tenants Chrishigh Kolednik** retail condo located in· the heart of the· University 4& private open work or more. offices and largeGary Boudreau* Sco abank 1,071 SF · $18.50/SF MLS:30558620 Waterloo parking, Lester Tobin* Drug heart of the University District. Parking available. abank, Swiss Chalet and Mart, Dollarama, Sco 2,230 SF ∙ $18.50/SF ∙ MLS:30653380 ∙ WATERLOO District. Roman Ginzburg* Allopportunity new improvements. Financing floor in well known, awardAvailable. winning classroom space. Lester Tobin* 1,957 SF · $22.00/SF · MLS: 30551894 · Waterloo Main many more. Lester Tobin* Tobin* King North @ Columbia. Store Front, Abundant Lester away from 752 - 26,000 SF · From MLS: building. High traffic intersection. Seconds GreatSFOpportunity to get in at $18.00/SF the ground· level! 1,413 SF · $12.00/SF · MLS: 30516996 · Kitchener I N D U S T R I A L / WA R E H O USE Parking, Fully Finished Unit. John Hoffman* Hwy 85. Colin Vogel* 30529258/30529248/30529120 · Breslau Many permitted uses allowed - unit divisible. ·CallNew for 1,900 SF • $19.25/SF • MLS# 30543088 Great for Medical use.30584437 Gary∙ WATERLOO Boudreau* 3,058 location SF ∙ $18.00/SF ∙ MLS: 523 SF • ∙ Prime $2,500/Month ∙ MLS: 30615780 Retail Development in a growing, underserviced area. Waterloo more information! Chris Kolednik** retail/Salon space in a very busy BeautifullyF finished to K-W O R Loffice. E AMLS:KW1537515· SCentrally E / S Alocated L E Kitchener 1,184 SF · $12.00/SF · MLS:30538511 · Kitchener 839 SF · $12.00/SF WATERLOO ∙ New retail unit allows ready for 900 SF of ∙ $12.95/SF 30663178 ed. Pad site with∙ BRANTFORD drive-thru is neighbourhood Variety Uses permi∙ MLS: plaza. Zoning manyoccupancy. uses, the and GUELPH. Large ·wrap around windows. Mix of Turn-key doctors office. 5 exam rooms, recepPatio on, Finished office, great for medical & service use. low Located in the heart of the University District. available. James Boudreau**/ Gary Boudreau* Retail unit with high exposure and high traffic. Ample unit is set up for a salon. Roman Ginzburg* 3,436 SF · $26.00/SF · MLS: 30554611 · Waterloo kitchene e, 2 washrooms & storage. Centrally private offices/meeting rooms & open space. common fees, on transit route, exis ng area. Gross rent +Utilities. Lester Tobin* 16,217 on-site bar/night drive up parking. Easy access to highway. Former club in University District. On-site located SF · $875,000 · MLS: 30552428 Colin Vogel* in highSPACE densityAVAILABLE residen al·area. counts· tenants include Short Stop, KW Gaming, Curves, OFFICE MLSTraffic 30551734 1,843 - parking. 5,947 SFHigh · $20.00/SF ·highKitchener Tobin* drive-up exposure, Lester traffic. AAA New Hamburg · Well located just off hwy 7, over 41,000 cars. Strong tenant Shoppers· Sco abank & more. Gary Boudreau* · 114,033 SF FOR ·support, $11.50/SF MLS:30505595/5597· New retail plaza Lester on Huron Rd. WATERLOO RETAIL/RESTAURANT CONDOS SALE WATERLOO Tobin* well built building on 2 acres of land. abank, Swiss Chalet and Drug Mart, Dollarama, Sco finished, ample parking, natural MLS: light 1,241 SF -1,719 SF ∙ From $22.00/SF ∙ MLS: 30635440 with traffic and exposure, ample on-site Beautifully 460 SF 699 SF ∙ $287,500.00 $436,875.00 793 SFhigh ∙ $22.00/SF ∙ MLS:30656762 ∙ WATERLOO Ceilings from 13’ - 18’ clear. John Hoffman* many more. throughout. Divisible from Lester 21,000Tobin* SF. BRESLAU ∙ New Retail Development in a growing, drive-up parking. Lesteroffice 752 SF -doctors 26,000office, SF ·chiropractor, From $18.00/SF · Tobin* MLS: Turn-key RMT’s in 30644459/ 494/ 498/ 508/ 515/ 519 ∙ New retail under-serviced area. Variety of Uses permitted. I N D U S T R I A L / WA R E HOUSE James Boudreau** 30529258/30529248/30529120 · Breslau · New units available Sept 1/18 •occupancy. in LIGHT INDUSTRIAL WITH RETAIL EXPOSURE SF • for$19.25/SF MLS# Located 30543088 retail plaza with ample on-site free drive-up parking. 1,900 Pad site with drive-thru available. 1,114 Development SF · $20.00/SF · MLS: 30523827 · Kitchener Retail area. 532 the heart ofPrime the University District. Parking spaces Waterloo retail/Salon space in a· very busy 15,520 SFF ·O$5.50/SF · London · MLS: 30544783 High traffic location.in a growing, underserviced Lester Tobin* SF · •$1,050/mth · MLS:30526564 Waterloo R L E A S E / S A L James Boudreau**/ GaryE Boudreau* Last unit available in centrally ed. Padexposure site with drive-thru is Newly Variety of Uses permiw/high neighbourhood plaza. Zoning allows many uses, the Corner property with high traffic. Zoning permits available for $30,000 each. Lester Tobin* renovated, nished office on 2nd oor in well located retail plaza.James DriveBoudreau**/ up unit on high rd. in unit is set up for a salon. available. Garytraffic Boudreau* Roman uses. Ample on-site parking. Lester Tobin* known, award winning building avail. for Ginzburg* sublease. many 524 SF - 4,652 SF ∙ $25.00/SF NET ∙ counts WATERLOO 950 SF ∙ $1,770/Month ∙ MLS: 30635540 ∙ KITCHENER al area. Traffic over high density residen Large windows, plentyFOR of SALE natural traffic 16,217 SF · $875,000 · MLS: 30552428 NEW RETAIL CONDO ∙ 5 2light. 3 SFHigh ∙ $264,000 MLS:30655112/121/133/140/145/146/152/158 40,184 cars. StrongSFtenant support. Shoppers Drug AAA OFFICE SPACE AVAILABLE · MLS 30551734 · Awesome opportunity to get a retail space or a 1,843 - 5,947 · $20.00/SF · Kitchener 7,909 Hamburg SF · $5.25/SF MLS: 30555069 · Ayr on sees almost 40,000 24/7 New intersec MLS: 30615884 ∙ WATERLOO ∙ Unit cars readydaily. for occu· Well ·located just off hwy 7, “THE Dollarama, HUB” An exciting new abank, Swiss Chalet and Tower many Mart, Sco New restaurant take-out location at a busy corner! Call WATERLOOreader · 114,033on University SF · $11.50/SF MLS:30505595/5597· retail plaza onSix Huron Rd. electronic Ave. Ideal for· well Secondsbuilt to hwy #401. Good industrial building on clean 2 acres of space. land. pancy. Located in board the heart of the University District. Commercial/Residential development. more. LesterLocated Tobin* Beautifully today for more info. Chris Kolednik** finished, ample parking, natural light with high traffic and mix exposure, ample on-site professional officepatio or personal services. Colin Vogel* Boudreau**/Gary Ceilings from 13’James - 18’ clear. JohnBoudreau* Hoffman* Price includes area and one parking space. between two Universities. Lester Tobin* Tobin* throughout. Divisible from 21,000 SF. drive-up parking. Lester Tobin* * Sales Representa ve JamesLester Boudreau** www.coldwellbankercommercial.ca 2,500 SF ∙ $14.00/SF ∙ MLS: 30634186 ∙ CAMBRIDGE * Sales Representative LIGHT INDUSTRIAL WITH RETAIL EXPOSURE 3,961 SFBroker $20.00/SF ·∙ MLS: MLS: 30637876 30523827 ∙· KITCHENER Kitchener 1,114 SF Space offers a perfect spot for any business that Email :·∙ $28.00/SF Commercial@coldwellbankerpbr.com ** MLS: 30544783 532 SF SF · $1,050/mth · MLS:30526564 · Waterloo∙ 15,520 SF · $5.50/SF · London · ** Broker 1,500 ∙ $2,050/Month ∙ MLS: 30618796 Last unit available exposure &inhigh centrally Freestanding building w/high w/high exposure traffic. needs Office and Warehouse space. Ideal forpermits HVAC, Newly renovated, nished office on 2nd oor in well Corner property with high traffic. Zoning KITCHENER ∙ Lower level office space. located plaza. Drive drive up unit on high rd. in Ample retailon-site up traffic parking. Water uses. Softener and Cellphone Shop Tobin* Uses. Ample on-site parking. Lester known, award winning building avail.Gary forBoudreau* sublease. many counts over Ample Parking. high density residen al area. TrafficLester Tobin* Chris Kolednik** Large windows, plenty of natural light. High traffic 40,184 cars. Strong tenant support. Shoppers Drug intersec on sees almost 40,000 cars daily. 24/7 7,909 SF · $5.25/SF · MLS: 30555069 · Ayr Mart, Sco abank, Swiss Chalet and many *Dollarama, Sales Representative www.coldwellbankercommercial.ca electronic reader board on University Ave. Ideal for Seconds to hwy* #401. Good clean industrial space. Sales Representative more. Lester Tobin* professional office or personal services. Colin Vogel* James Boudreau**/Gary Boudreau*
FOR SALE/LEASE
Email : Commercial@coldwellbankerpbr.com ** Broker
* Sales Representa ve www.coldwellbankercommercial.ca Email : Commercial@coldwellbankerpbr.com ** Broker
8331512_3118
Please say you saw it in The Commercial Investor
** Broker
* Sales Representative ** Broker
9
Commercial Real Estate & Business Opportunities
Kitchener/Waterloo Guelph & Cambridge
Volume 18 Issue 08
COLDWELL BANKER COMMERCIAL PETER BENNINGER BROKERAGE COLDWELL BANKERREALTY, COMMERCIAL 508 RIVERBEND DRIVE, KITCHENER, ON. PETER BENNINGER REALTY, BROKERAGE PHONE: 519-743-5211
508 RIVERBEND DRIVE, KITCHENER, ON. PHONE: 519-743-5211 10-20,000 SF · $4.41/SF · Kitchener · MLS: 30512810
4,393 SF · $359,000 · MLS:30546489 · Kitchener LAND FOR SALE Ceiling height 13’ clear . (2) 8’ x 8’ loading dock doors Established franchise available in high traffic COLDWELL BANKER COMMERCIAL 1,400 SF $219,000.00 ∙ MLS: 30634076 conveyor, elevator, alarm system, surveillance 2 + Acres ∙ $2,375,000∙ MLS: 30660784 ∙ WATERLOO location with ∙ great tenant support. 160 seats. Full WATERLOO ∙ Franchise Business Prime Location. Residential Land. 2+ Acres Available. training system, sprinklers, washrooms. Lester Tobin* Prime available. Lester Tobin* PETER BENNINGER REALTY, 7.4BROKERAGE Acres · EXCLUSIVE · Waterloo
I N D U S T R I A L / WA R E H O U S E FOR LEASE/SALE
James Boudreau **/Gary Boudreau*
Large scale redevelopment opportunity with 508 RIVERBEND DRIVE, KITCHENER, ON. income over $800 k. Close to both 9,360 SF · $6.50/SF · MLS: 30501592 · Kitchener current annual Approx. 217 Ac ∙ EXCLUSIVE ∙ WATERLOO REGION 7,699 sf 16 dock shipping area. 1,661 sf office Universities. Bill Halpenny* FLEX-INDUSTRIALPHONE: SPACE 519-743-5211 FOR LEASE KITCHENER Call for info pkg! w/drivers area, new doors, bright space! Currently Being Farmed. MLS:30660801 ∙ 9,253 SF ∙ $6.50/SF Peter EXCLUSIVE Benninger**/Colin Vogel* John Hoffman* 66.58 Ac.· $2,200,000· · Cambridge MLS:30661466 ∙ 6,168 SF ∙ $4.50/SF 10-20,000 SF · $4.41/SF · Kitchener · MLS: 30512810 Under consideration to change OP designation to MLS:30661473 ∙ 2,145 SF ∙ $8.00/SF L A N D F O R S A L E 30,400height SF · 3.09 Ac.. ·(2)$3,400,000 | $10.00/SF DENSITY MIXED USE Peter DEVELOPMENT industrial. Benninger** Ceiling 13’ clear 8’ x 8’ loading dock doors HIGH Turn-key flex, industrial building with built out office MLS: 30525493/30525439 · Cambridge New finish KITCHENER ∙3.25 Ac ∙ $4,250,000 ∙ EXCLUSIVE conveyor, elevator, alarm system, ·surveillance and warehouse/lab space. Steve Gerakopulos* D E V E L O P M E N T L A N D F O R S A Lto E to food sprinklers, grade, insulated panels, someLester equipment, system, washrooms. Tobin* Frontage on 2· majorEXCLUSIVE Streets at the· gateway 7.4 Acres Waterloo 3 . 5 8 A c . ·KITCHENER $875,000 · Excellent MLS : 30506497/30506504 spiral freezer,4 docks Room to expand. downtown access to Hwy 401 scale redevelopment opportunity with 25,000 SF ∙ $2,375,000 ∙ MLS 30653844 ∙Kitchener GUELPH Large Conestogo · Backs onto forestedlight area. John· Hoffman* 9,360 SF · $6.50/SF · MLS: 30501592 via Hwyannual 8 Directly on over proposed railExcellent income $800 k. Close totransit both 15,000 use or to be leased. SF current re- development opportunity. James Boudreau** 7,699 SF sf available 16 dock for shipping area. 1,661 10,000 sf office route. Benninger**/Colin Vogel* Universities.Peter Bill Halpenny* of income in place. Clean enviros review via signed w/drivers area, new doors, bright space! 6.60 Ac. (+/-) Commercial/Retail · 2.94 Ac. CA. I N V E S T M E N T FSteve Gerakopulos* O RJohn SHoffman* A L E 68.02 66.58 Acres Ac.· ∙$2,200,000· · Cambridge $2,385,000 ∙EXCLUSIVE EXCLUSIVE (+/-)Residential· $1,000,000 Per Acre∙ CAMBRIDGE · Exclusive Under consideration consideration to to change OP to Under change OP designation designation to Tremendous Opportunity on major arterial road. 950 SF ∙ $1,770/Month 30635540|∙ KITCHENER 30,400 SF · 3.09 Ac. ∙·MLS $3,400,000 $10.00/SF industrial. industrial. Peter Benninger** Peter St. Benninger** Considerable exposure along Ottawa Concepts Retail space available on busy corner just· steps away MLS: 30525493/30525439 New finish STUDENT RENTAL/ · Cambridge RE-DEVELOPMENT forE Vres stacked D E Lportion O P M E incl. N T 140L A N D town F O RhomesS AorL Ea from thegrade, of Downtown KITCHENER. to food insulated panels, some · equipment, $685,000 ·heart Waterloo · MLS: 30564031 0.15Onsite Acres 134 unit retirement homes or a 134 unit 3 . 5 8 A c . · $875,000 · MLS : 30506497/30506504 Parking! Chris Kolednik** spiral freezer,4 docks Room to expand. 4 bedroom building · Prime student rental location. retirement facility. Peter Benninger** John Hoffman*4 Conestogo · Backs onto forested area. Excellent Ideal student re-development site. Currently redevelopment opportunity. Boudreau** 11,000 SF on +1,859 SF Bungalow House ∙ property. $899,000 HIGH DENSITY MIXED USE James bedroom (student) rental DEVELOPMENT MLS: 30644740 ∙ 117 East Road ∙ Lions Head, ON. 3.25 Ac · $4,250,000 · EXCLUSIVE · Kitchener Lester Tobin* 6.60 Ac. (+/-) Commercial/Retail · 2.94 Ac. Many Possible SF ∙on50,000 ∙ MLS: 30657059 WATERLOO I Nuses V Epermitted. STMEN T F Omedical R S Amarijuana L E 1,600 Frontage 2 major streets at the∙ gateway to (+/-)Residential· $1,000,000 Per Acre · Exclusive MLS: op. 30552610 · $ 4 , 2 5Address 0 , 0 0 0 for· Marketing Listowel Award grow Youtube: Property Winning Vintage Retailer. Business downtown Kitchener. Excellent access to HwyOnly. 401 Tremendous Opportunity on major arterial road. Located in South Western Ontario, this Eric European rail transit Video. Frey* via Hwy 8 Directly on proposed James light Boudreau** Considerable exposure along Ottawa St. Concepts owned motel for the last 30+RE-DEVELOPMENT years offers four route. Peter Benninger**/Colin Vogel* STUDENT RENTAL/ for res portion incl. 140 stacked town homes or a seasonsSFof∙· 6.82 business consistent income year 2,000 SF ∙ $299,000 ∙ MLS: 30650898 ∙ WATERLOO 30,000 Acres·with ∙ MLS: $1,299,000 ∙ MLS: 30667081 $685,000 Waterloo 30564031 · 0.15 Acres 134 unit 217 retirement or a· 134 unit Approx. Acres · homes EXCLUSIVE Waterloo round. Call for Head, more details! 607 Little Pike Bay Rd.· Prime Lions ON.rental Previous use Busy QSR facility. located in the heart of Benninger** Waterloo’s 4 bedroom building student location. retirement Being Farmed. Peter Call for info pkg! Region · Currently Chris Kolednik** was High Powersite. Available. High4 University District. High Sales - High Income. Ideal manufacturing. student re-development Currently Peter Benninger**/Colin Vogel* bedroomGoogle (student) rental property. Ceilings. Address for Marketing Video. Eric Frey* HIGH DENSITY MIXED USE DEVELOPMENT Lester Tobin* COMMERCIAL INVESTMENT/RE-DEVELOPMENT Lester Tobin* 3.25 Ac · $4,250,000 · EXCLUSIVE · Kitchener Land: .1452 Ac. Buildings: 4,685 SF · Kitchener · MLS: Frontage CAR at the to LUBE 30555816 · $1,999,900 being GUELPH B UonS 2WASH, I Nmajor E SGAS Sstreets FSTATION OR S&Agateway L E SHOP MLS: 30552610 · $· Bundle 4 , 2 5 0of , 030 properties 0 · Listowel downtown Kitchener. Excellent access to Hwy 401 sold as one in the Downtown Core. Current Net WITH PROPERTY ∙ 5,873 SF ∙ $3,100,000 MLS: Located in South Western Ontario, this European 30644230 via Hwy 8∙Gas Directly on with proposed light automated rail transit station propane, Income: $72,391.00 Call for details! Lester Tobin* owned motel for the last 30+ years offers four route. Peter Benninger**/Colin Vogel* carwash and lubeshop business with property on seasons of business with consistent income year 2,200 SF · $89,000 · MLS:30551440· Waterloo INVESTMENT PLAZA FOR SALE | KITCHENER 1.05 acres. Environmental reports completed. R ETAIL O R R Efor D E V E L Omore P M E N T details! S I T E Established Approx. 217 · EXCLUSIVE · core Waterloo sinceAcres 1985, located in uptown steps round. Call 10,656 SF & 10,624 ∙ $6,900,000 ∙· EXCLUSIVE Lester Tobin* 1,586 SF/0.12 Acres SF · MLS:30547706 $899,000 away for info pkg! Regionfrom · Currently parkingBeing and Farmed. new LRTCall station. Liquor Chris Kolednik** New retail· Unique plaza 2016. Long Location. term leases. Kitchener High Profile CornerNew Lot license. Peter Benninger**/Colin Lester Vogel* Tobin* residential developing area. Lester Tobin* beside farmers market. Great redevelopment site, 1,022 SF ∙ $120,000 ∙ MLS: 30636066 ∙ WATERLOO COMMERCIAL INVESTMENT/RE-DEVELOPMENT . Lester Tobin* parking lot,Ac.etc Franchise. Uptown. Land: .1452 Buildings: 4,685 SF · Kitchener · MLS: Booster $450,000 · MLS: Located 30516625in· Waterloo 4,437 SF ·Juice RETAIL/REDEVELOPMENT SITE FOR KITCHENER 30555816 · $1,999,900 · Bundle of 3SALE properties being Established B U Ssince IGary N1996, EBoudreau*/ S Smany F Olocations RJames S ABoudreau** LE throughout 1,586 ∙ $899,000Core. MLS:PROPERTY 30616343 sold asSF/0.12 one in Acres the Current Net Ontario. Family style restaurant with liquor license INVESTMENT / Downtown OWNER-USER Unique ProfileCall Location. CornerLester beside TURN Tobin* Income:SFHigh $72,391.00 for details! 4,982 · $1,562,500 · Waterloo · Lot EXCLUSIVE KEY forSPA CAMBRIDGE and seating 160 +FOR 50 onSALE patio. ∙ Lester Tobin* farmers market. Great redevelopment parking 3,000 Three retail units & one 2 bedroomsite, apartment SF · ∙$89,000 $799,000 ∙ MLS: 30650013 2,200 SF · MLS:30551440· Waterloo∙ lot, Tobin* w/loft. line. S E A F O O D since R1985, E S Tfrom Alocated U R basement A N Tin uptown FO Afully LE R E T Aetc. I LCorner O Rproperty R E D on E V Enew L O PLRT M ELester N T Parking S I T E Beautifully finished toR core atticSsteps Established 2,419 from SF spa. · $550,000 · MLS:new 30539874 · Kitchener 1,586 · MLS:30547706 on-site SF/0.12 and Acresample parking · $899,000 nearby. equipped High traffic location. Parking. away parking and LRT On-site station. Liquor business. Sellers retiring after 20 Lester Tobin* Kitchener Unique High Profile Location. Corner Lot Profitable 3,687 SF ∙· $770,000 ∙ MLS 30636998 ∙ ST JACOBS Lester Tobin* Lester Tobin* license. beside farmers market. redevelopment site, successful years! All equipment included. Lease is Superb location. WellGreat Maintained Building. renewable. . · MLS: Tobin* B parking lot, etc James Boudreau**/Gary 975 SF · $385,000 30560590 Lester · Boudreau* Waterloo · TWaterloo 4,437 R I T I SF S H · $450,000 P UGary B FBoudreau*/ O· RMLS: S A30516625 L E James ∙ WBoudreau** A ERLOO Fantastic Opportunity for the savvy business 1Established since 1996, many locations∙ British throughout ,800 SF ∙ $247,000 ∙ MLS: 30605541 Isle $249,000 · MLS:30545077· Kitchener 2,548 SF · investor. HANDS /OFF Investment Opportunity. Great Public INVESTMENT OWNER-USER PROPERTY Ontario. Family style restaurant liquor license House (Pub) with old worldwith charm, ambiance Elegant casual restaurant located in Sportsworld space to run your business from. 4,982 SF · $1,562,500 · Waterloo · EXCLUSIVE and and cuisine. seating Located for 160 near + 50 Uptown on patioand . Lester Tobin* Universities. Tobin* Chris Kolednik** Three retail units & one 2 bedroom apartment Crossing. High traffic, high exposure. Lester Lester Tobin* w/loft. Corner property on new LRT line. Parking RESTAURANT FOR SALE +/- 107.50 acres combined ∙ Exclusive∙ “Buy and S E A F O O D on-site andRepresenta ample parking nearby. 2,419 SF · $550,000 · MLS: 30539874 · Kitchener *land Sales veLocated immediwww.coldwellbankercommercial.ca ST JACOBS BANQUET HALL/RESTAURANT FOR SALE Hold” opportunity available. Lester Tobin* Profitable business. Sellers retiring after 20 ately to the City of Waterloo Boundary 8,000 SF,4.3 Ac ∙ $2,100,000 ∙ MLS: 30584493 Email : Commercial@coldwellbankerpbr.com **adjacent Broker successful years! All equipment included. Lease is renovations to building and grounds. within the Township of Woolwich. Zoned Agricultural Extensive Gary Boudreau*/ James Boudreau** 975 SF · $385,000 · MLS: 30560590 · Waterloo renewable. & Extractive. Potential Future Development. Call for Includes furniture/cooking equipment. Site includes Fantastic Opportunity for the savvy business Steve Gerakopulos* details. Colin Vogel*/Peter Benninger** a freestanding home. investor. HANDS OFF Investment Opportunity. Great 2,548 SF · $249,000 · MLS:30545077· Kitchener space* Sales to Representative run your business from. Elegant casual restaurant located in Sportsworld www.coldwellbankercommercial.ca Chris Kolednik** Crossing. High traffic, high exposure. Lester Tobin*
BUSINESS FOR SALE
INVESTMENT FOR SALE
Gary Boudreau*
3,500 SF · $199,000 · MLS:30539427· Waterloo 1,280 SF ∙ $89,000 ∙ EXCLUSIVE ∙ KITCHENER Prime location in Waterloo’s University District. Liquor license for 15 people. since High Income/High Well established business the 1970’s. Sales High and low rent. sales. No franchise. Owner Lester willTobin* train. income-high
Tobin* 4,393 SF · $359,000 · MLS:30546489Lester · Kitchener EXCLUSIVE CAR WASH BUSINESS FOR SALEin · high Established franchise available traffic Brantfordwith · Fullgreat service, fullysupport. automated washFull in location tenant 160car seats. major traffic area. Lester Tobin* training available. Lester Tobin*
M U LT I - FA M I LY F O R S A L E
· Waterloo 1,549 $199,000· MLS:30514064 · MLS:30539427· Waterloo 3,500 SF SF · · $139,000 Take outlocation and deliveryWaterloo’s chicken wing franchise District. located Prime University 3 TOWNHOUSE inUNITS FOR SALE - KITCHENER in Waterloo’s University District. Full training Liquor license for30655012 15 people. High Income/High Sales $699,900 ∙ MLS: ∙ 3 x 3 Bedroom Units. All provided. Lester and low rent. Lester Tobin* Tobin*
units submetered for hydro. 2 units w/garage, 1
w/driveway. Eric Frey* · MLS: Kitchener 1,280 SF · $89,000 CAR WASH BUSINESS FOR30554091 SALE · · EXCLUSIVE Well established business since the 1970’s. High Brantford · Full service, fully automated car wash in MULTI FAMILY ∙ WALKERTON willTobin* train. income-high sales. INVESTMENT No franchise. Owner major traffic area. Lester $769,000 ∙ MLS: 30646931 ∙ 7-2 Bedroom, 1 1 BedLester Tobin* room. SF Fully· $139,000 rented - 6.50% Cap Rate. All· utilities are · MLS:30514064 Waterloo 1,549 sub-metered. Eric Frey* Hot Pot Restaurant Waterloo Take out and delivery chickenFor wing Sale franchise located $88,000 · 4,550 SF · MLS: 30558858 Stylish in Waterloo’s University District. Full ·training underground restaurant in Uptown. No franchise. provided. Lester Tobin* Located in hotel. Great tenant support. Tobin* · Kitchener 1,280 SF · $89,000 · MLS: 30554091Lester Commercial Realsince Estate WellFor established business theSolutions 1970’s. High in Canada's Technology Triangle, will train. income-high sales. No franchise. Owner For Commercial Estate Lester Tobin* contact any one Real of our sales
LAND FOR SALE
Email : Commercial@coldwellbankerpbr.com ** Broker
* Sales Representa ve www.coldwellbankercommercial.ca Email : Commercial@coldwellbankerpbr.com ** Broker
8171433_3118
Solutions in Canada's Technology representatives,
Hot Triangle, Pot Restaurant Sale Waterloo contact anyFor one of our sales or callSF519-743-5211 $88,000 · 4,550 · MLS: 30558858 · Stylish representatives, or call 519-743-5211. underground restaurant in Uptown. No franchise. Located in hotel. Great tenant support. PeterBenninger** Benninger** Lester Ext.Ext. 3000 3000Tobin* Peter
Please say you saw it in The Commercial Investor
Gary GaryBoudreau Boudreau* *
Ext. 3029
Ext. 3029
For Commercial Real Estate Ext. 3020 James Boudreau ** Solutions in Canada's Technology James Boudreau ** Ext. 3020 Ext. 3106 Mike Flynn contact * Triangle, any one of our sales representatives, or call 519-743-5211. Ext. 3118 Eric Frey* Eric Frey* Ext. 3118 Steve Gerakopulos* SteveBenninger** Gerakopulos* Peter Roman Ginzburg* Gary Boudreau * Roman Ginzburg* Bill Halpenny* James Boudreau ** John Hoffman* Bill Halpenny* Mike Flynn * Chris Kolednik** Eric Frey* John Hoffman* Eric Reiner* Steve Gerakopulos* Lester Chris Tobin* Kolednik** Roman Ginzburg* Harmony Voisin* Bill Halpenny* Eric Reiner*
Ext. 3037
3000 Ext.Ext. 3037
Ext. 3103 Ext. 3029 3120 Ext.Ext. 3103 Ext. 3020 Ext. 3040 Ext.Ext. 3120 3106 Ext. 3106 Ext. 3118 Ext.Ext. 3040 2099 Ext. 3037 Ext. 3023 Ext.Ext. 3106 3103 Ext. 3117 Ext. 3120 Ext. 2099
John Hoffman*
Ext. 3040
Chris Kolednik**
Ext. ** 3106 Broker
* Sales Representative Lester Tobin* Ext. 3023
Harmony Eric Reiner*Voisin* Lester Tobin* Harmony Voisin* * Sales
2099 Ext.Ext. 3117
Ext. 3023 Ext. 3117 Representative ** Broker
* Sales Representative ** Broker
10
Volume 18 Issue 08
Commercial Real Estate & Business Opportunities
Kitchener/Waterloo Guelph & Cambridge
519.742.7000 www.coupalmarkou.com
LEASE
#3-250 DUNDAS ST S, CAMBRIDGE
• Exceptionally cared for plaza with plenty of onsite parking • High traffic location at busy round-about • 2,025 sq ft • $16.00 / sq ft Net MLS
1118_DJW_0040
LEASE
15 BARNSWALLOW DRIVE, ELMIRA
• Newly proposed plaza in the west end of Elmira • Located in a growing, established major intersection • Units from 1,173 – 10,000 sq ft • $20.00 / sq ft Net MLS
2718_DJW_0015
LEASE
25 INDUSTRIAL DRIVE, ELMIRA
LEASE
2-15 HAZELGLEN DRIVE, KITCHENER
• Busy office/retail plaza in Elmira, just minutes from North Waterloo • Zoning allows multiple uses • 1,925 sq. ft. • $16.00/sq. ft. net MLS
1917_DJW_1_0049
LEASE
370 EASTBRIDGE BOULEVARD, WATERLOO
• Prime retail space in clean plaza in the east end of Waterloo • Abundant foot and vehicular traffic • Ample free on-site parking • 795 sq ft • $20.00 / sq ft Net
MLS
1918_DJW_0044
LEASE
231 SHEARSON CRESCENT, CAMBRIDGE
LEASE
5-347 ERB STREET WEST, WATERLOO
• New multi-story Class A office building • Contemporary & modern design • Ample on-site free parking • 15,000 – 50,000 sq ft • $19.00 / sq ft Net EXCLUSIVE
0318_DJW_0022
49 QUEEN STREET EAST, CAMBRIDGE
LEASE
• Brand new corner retail unit located in high end apartment tower • Opportunity for a large outdoor patio • 1,601 sq ft • $20.00 / sq ft Net MLS
0718_DJW_0035
LEASE
91 UNIVERSITY AVENUE EAST, WATERLOO
S LEA • Well located professional/medical office space in multi-unit plaza • Attractive exterior and well maintained building • 1,078 sq ft • $22.00 / sq ft Net 4317_DJW_0017
MLS
• Retail space in high profile plaza • Ample on-site parking • 1,200 sq ft • $24.00 / sq ft Net
0318_DJW_0023
ED
• Existing Turn-key Restaurant • Pad site close to both Universities and Across from newly renovated Conestoga College Campus • 3,360 sq ft • $30.00 / sq ft Net MLS
MLS
0318_DJW_0024
Christopher Coupal
John Markou
Theo Papadopoulos
Broker of Record, Principal christopher@coupalmarkou.com 519-742-7000 x 101
Broker, Principal john@coupalmarkou.com 519-742-7000 x 102
Sales Representative theo@coupalmarkou.com 519-742-7000 x 103
CONNECT
11289418_3118
The information set out herein is for advertising purposes, with information obtained from sources deemed to be reliable. No warranty or representation is made as to its accuracy, correctness and completeness of the information, being subject to errors, omissions, conditions, prior sale/lease, withdrawal or other changes without notice. Coupal Markou Commercial Real Estate Inc., Brokerage
Please say you saw it in The Commercial Investor
11
Commercial Real Estate & Business Opportunities
519.742.7000 www.coupalmarkou.com
SALE
297 KING STREET EAST, KITCHENER
146 KITCHENER ROAD, CAMBRIDGE
SALE
SALE
92 WOOLWICH STREET SOUTH, BRESLAU
SOL • Rare 0.049 acre Downtown Kitchener development opportunity • Great opportunity for purpose built retail, office or mixed use building • Located one block from future light rail transit stop and across from Kitchener Market • $300,000
MLS
2318_DJW_0019
SALE
164 BEVERLY STREET, CAMBRIDGE
• Historic 5 plex walk-up in North Preston • Quick access to the 401 and Deer Ridge amenities • All units have been remodeled • $700,000 MLS
1918_DJW_0043
SALE
290 KING STREET EAST, KITCHENER
D
• Commercial/Industrial facility built in 2010 with office, showroom and mezzanine • 1,800 sq ft residence can be used as storage or lease for addition income • 5,250 sq ft on 0.515 acres • $949,000
MLS
2318_DJW_0020
441 ALBERT STREET, WATERLOO
SALE
ER D N U CT A R NT CO • Busy Restaurant/Bar Investment Opportunity • 2,000 sq ft apartment above restaurant • Zoning allows building may be converted to many other uses • 4,100 sq ft • $1,675,000
MLS
1118_DJW_0038
SALE 29 KING STREET EAST, KITCHENER
• Rare office investment opportunity for users and investors • Floor plates are ideal for single tenant floors or could be divided to accommodate multiple tenants • 10,398 sq ft on 0.10 acres • $2,200,000 2718_DJW_0014
MLS
SALE 646 ERB STREET WEST, WATERLOO
MLS
0718_DJW_0033
SALE
1314 FISCHER HALLMAN ROAD, KITCHENER
ER D N U CT A R NT O C
R E D UN CT A R NT CO • Investment Opportunity • Mixed Use building with over 90 ft frontage on King St E • 28,522 sq ft on 0.32 acres • $3,860,000 2317_DJW_0031
• Located in the heart of Waterloo Region’s Academic & Commercial Innovation District • Rare development opportunity in the expanding Idea Quarter Waterloo • 1.955 acres • $2,450,000
MLS
• Rare investment opportunity for an investor or owner/user • Retail plaza on a high traffic roundabout at Erb St W & Ira Needles Blvd • 12,700 sq ft on 1.052 acres • $6,500,000 3118_DJW_0030
MLS
• High density residential development site to be severed from new grocery anchored retail development • Potential of +\- 350 units and approximately 12 storeys • 4.81 acres • $7,215,000 0718_DJW_0034
Christopher Coupal
John Markou
Theo Papadopoulos
Broker of Record, Principal christopher@coupalmarkou.com 519-742-7000 x 101
Broker, Principal john@coupalmarkou.com 519-742-7000 x 102
Sales Representative theo@coupalmarkou.com 519-742-7000 x 103
MLS
CONNECT
11287245_3118
The information set out herein is for advertising purposes, with information obtained from sources deemed to be reliable. No warranty or representation is made as to its accuracy, correctness and completeness of the information, being subject to errors, omissions, conditions, prior sale/lease, withdrawal or other changes without notice. Coupal Markou Commercial Real Estate Inc., Brokerage
Please say you saw it in The Commercial Investor
Kitchener/Waterloo Guelph & Cambridge
Volume 18 Issue 08
SOUTHWESTERN ONTARIO
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
SOUTHWESTERN ONTARIO SECTION COVERING: Brantford Chatham Grey & Bruce Counties
Ingersoll London Owen Sound Sarnia Simcoe Stratford
St. Thomas Tillsonburg Windsor Woodstock
For advertising
contact Doreen Wills Tel: 1-800-268-0077 or 905-570-9283
doreen.wills@ypnexthome.ca thecommercialinvestor@ypnexthome.ca
Volume 18 Issue 08
13
Commercial Real Estate & Business Opportunities
London’s Income Property Specialist Helping others build wealth through real estate!
519-643-6014
Southwest Ontario
Bruce Thomas, MBA brucethomas@royallepage.ca Sales Representative
MULTI FAMILY APARTMENTS – STUDENT HOUSING - LAND
• • • •
584 Talbot St and 124 Albert St London Both properties must be purchased together Fully Rented until April 30, 2019 for $16,780 per month High Rise Zoning for future development potential
11321916_3118
2718_DJW_0030
2718_DJW_0029
30 BEDROOM STUDENT HOUSING PORTFOLIO DOWNTOWN LONDON - $2,695,000
• • • • •
Legal Rental license 1 – 6 Br units 4 – 5 Br units 1 – 4 Br units Both buildings fully renovated in the last 5 years 10116903_3118
Eavan Travers, CCIM* eavan@eavan.ca Office: 519-649-6000 *Sales Representative
ADVANTAGE REALTY LTD., BROKERAGE**
Toll Free: 1-855-649-6001 Each Office Independently Owned & Operated**
4 SEASON MOBILE PARKS Clinton and Vanastra
30 ACRE DEVELOPMENT SITE Bolton, Town of Caledon • 72 Sites • 15.36 Acres • 2 Parks • Excellent Cash Flows • $2.95 Million
• 3-10 Acres Sites • Can be Sold Separately • In Bolton Residential Expansion Study • $575,000/ Acre
3118_DJW_0009
3118_DJW_0011
PLAZA FOR SALE Dorchester
COMMERCIAL LAND 92 Clarke Rd. London
3118_DJW_0012
3118_DJW_0013
• .82 Acres • 146’ Frontage • 243’ Deep • RCS Zoning • $379,000
3118_DJW_0010
• 2.12 Acres Includes 14.031 SF Plus 0.35 Acres Vacant • Purchase Includes Tim Hortons, Plaza & Vacant Commercial Site • $4.2 Million
Please say you saw it in The Commercial Investor
Looking for your NextHome? Browse the latest new homes and condos in your area.
15
Commercial Real Estate & Business Opportunities
INVESTMENT OPPORTUNITY
You’ve just found your NextHome!
STRATHROY, ON
• Two main floor commercial units, plus three second floor apartments • A number of improvements have recently been made • ASKING $575,000
11323174_3118
• Fully Leased mixed-use investment property
For further information, please contact:
Glen Larocque*
glen.larocque@cbre.com 519 286 2008
CBRE Limited, Brokerage *Sales Representative
Whether you’re renting or buying, finding your next home has never been so easy.
www.cbre.ca
Sutton - Huron Shores Realty Inc. Brokerage Independently Owned and Operated
606 Goderich St., Port Elgin, ON N0H 2C0
519-797-1007 1-888-727-1007
Brian Shular
Broker of Record
Doug Freiburger
Kaitlyn Shular
Crystal Mitchell
Joey Wentworth
Sales Representative Sales Representative Sales Representative Sales Representative
100 ACRE POULTRY FARM
MANY POSSIBLE USES
EXCELLENT INCOME INVESTMENT
223 Conc. 14, Saugeen Twp. $1,600,000
311 Goderich St., Port Elgin $729,999
569 Green St., Port Elgin $534,900
308’ x 40’ 2 Floor Poultry Barn 86’ x 52’ 2 Floor Barn w/Concrete Silo 3 Bedroom Farm House, 2 Wells, 2 Septic Systems 84 Acres are Rented Yearly MLS # 119179
Located in a Prime, High Traffic Area Large 140 ft x 330 ft Lot, Detached Storage Building Over 4,000 sq. ft. of Space, Many Possible Uses Two Gas Furnaces, Two Central A/C Units, MLS # 118751
Stately 2 Storey Brick Property 5 Apartments, Fully Rented Located steps to the Downtown Core Short Walk to the Beach & Harbour MLS # 115253
1918_DJW_0031
1918_DJW_0021
1518_DJW_0005
www.suttonhuronshores.com Not intended to solicit properties currently listed for sale.
Please say you saw it in The Commercial Investor
11239820_3118
Southwest Ontario
Volume 18 Issue 08
16
Volume 18 Issue 08
Commercial Real Estate & Business Opportunities
FOR SALE - 343 SOVEREIGN ROAD, LONDON
Southwest Ontario 3118_DJW_0001
3118_DJW_0002
3118_DJW_0003
3118_DJW_0004
• Showcase Industrial Investment property with superb exposure on Veterans Memorial Parkway • 22,280 Sq. Ft. (comprised of four Tenants) • Seller occupies 4,800 Sq. Ft. (Unit #3) and will sign a new lease or vacate for owner/user • 14 foot clear height • Dock and grade level loading • Traffic count is 24,000 cars per day along Veterans Memorial Parkway • LI 2 zoning allows for many Industrial / Commercial uses • Only a 3 minute drive to Hwy 401 • Current Net Income $99,573.00 (2018) • Asking Price: $1,895,000 FOR FURTHER INFORMATION PLEASE CALL …
JAMIE HANKE
#103-240 Waterloo Street, London, ON N6B 2N4
Sales Representative
jhanke@royallepage.ca
519-672-9880
11323294_3118
What our clients are saying about us
“WE PRODUCE RESULTS”
Paul J. Szostak
Free CMA Evaluation
Broker / F.R.I. / P.S.A. / S.R.S. / C.-C.R.E.C. / A.S.A. / A.B.R. / S.R.E.S.R.C.C. (Past Chair) / R.A.H.B. (Director 2011-12)
with this cut out ad
stakteam@gmail.com
LAND DEVELOPMENT / INVESTMENT / BUY & HOLD FUTURE
Mar 17,
INCORPO Full Coverag
2018, Volu me
18 Issue
RATING FRANCH
e Area Incl
uding Win
COMMER
CAMBRIDGE
, ONTARIO
CIAL PRO
| 3,000
SOLD
02
ISE AND BUSINESS
dsor, Ham
PERTY FOR
SQ. FT. |
$799,000
SALE
| MLS#
ilton, Toro
OPPORTU
nto, Niag
30611121
NEUSTADT
ara Falls,
– RESIDENT
NITIES
Kingston
IAL SUB DIVIS
ercial
6-214-48 41 7
5
Sales Repre
sentat
Peter Benni ive, P: 519-7 nger Realty Lester-Tobi43-5211 Ext: , Brokerage n@coldwel 3023 lbankerpbr .com
Society of Real Esta te Brokers
ICIWorld.com
Search The
FREE SUB
WINCORP
CONTACT: WINSTON DAVIE REALTY INC. REAL S, BROKER OF RECO ESTATE RD TEL: 519-8 BROKERAGE, GUELPH, EMAIL: 36-2080 ONTARIO wjmdavies @rogers.com
OFFICE BUIL
Exclusive Rea Opportu l Estate niti For The es Pub Daily Sea lic. rch. 4 Webinar s Daily For Brok ers to Lear n
Click on Events
iciworld.mo bi All Mobil e Devices ICIWorld App
SCRIPT
ION!
Get The Comm
ercial Inves
ION | $790 ,000
DING ON
0.36 ACRE
S $1,750,0
Beautifully 192 PLAINS ROAD EAST, on Plains maintained office BURLINGT Rd., Recep building, space on main floor, tion area, Board Excellent expos ON Kitchen, ure Large rear 3 separate offices room, Large open with frontage landscaped. parking on lot, Whee 2nd floor, Finishconcept office lchair acces ed basem Contact ent, sible, Profes Coldwell sionally Banker Integrity WILLIAM Real Estate Email: wdejo Inc. ng@cbci.cDEJONG Broke r a | Phone : 289-2 HANEM 91-5068 or Email: hham HAMOUD A Sales ouda@cbc i.ca | Phone Representative :
tor delivered
directly to
your door!
416-414-93
20
See inside
for details
THROUGH THE COMMERCIAL INVESTOR
1917_DJW_4_0001
HALDIMAND COUNTY
$78,888 Only minutes walking to the water of beautiful Fort Erie. Lot zoned residential over an acre of land. This lot is priced to sell and it is in a location or anticipated future building lots. Call today and get your offer in! “Selling Distinctive Lifestyles “ “Building Lot” minutes from Lake Erie and Beach with breathtaking views of nature’s finest. MLS #H3205662.
00
(COM)
r Comm
E-mail:
and Ottawa!
48 Lots, Approved Draft Plan “one of Subdivison In Canad tiest Little a’s PretNeustadt, Towns – including Ontario” Lots facing4 separate Forler Stree(in RED) t which can be built immediatel on y, only 10 minutes South of ASKING Hanover. $790,000
Beautifully finished on high traffic stree from basement Hwy# 401. to t Currently with high expos attic (4 floors). ure, Locat turn-key full spa. just minutes south ed LESTER Coldwell of TOBIN Banke
FC_0718
Feb 17 -
905-333-3500
For information call 1.800.268.0077 Please say you saw it in The Commercial Investor
Volume 18 Issue 08
17
Commercial Real Estate & Business Opportunities
Shelley Rether Sales Representative cell 519-902-7755
Southwest Ontario
Sutton Group Select Realty Inc. Brokerage, Independently Owned and Operated 519-433-4331
1918_DJW_0023
1918_DJW_0025
PATIO MOTEL IN GRAND BEND • Great location • High traffic area on Hwy 81 (just East of Hwy 21) • Walking distance to the beach, restaurants, bars & shopping
11322235_3118
1918_DJW_0024
| 40 Main St E
• Across from LCBO/Sobeys/ Shoppers Drug Mart • 16 units + office + owner’s residence
George Gicopoulos COMMERCIAL, INVESTMENT & BUSINESS SALES & LEASING
ggicopoulos@gmail.com Cell
519-852-4458
CANADA INC
I made the switch to Exp., Maybe you should too!
3118_DJW_0035
FOR REALTORS DON’T LET THIS PASS YOU BY EXP REALTY IS THE ONE
Sales in the $2mil. range with great profits and a long term lease. Licensed for 145 inside and 45 on the patio. Open 11 am to 11pm most days. Closed Sundays and Holidays. Opportunity like no other for the entrepreneur!
0718_DJW_0059
CARE FREE INVESTMENT $449,000
Free Standing Commercial building of 3,350 sq ft Restaurant Tenant with 7 years left on lease. Located just north of London on busy HWY #4 near Exeter. Corner location. About 1 acre of land.
GREAT CAREFREE INVESTMENT $799,000 1918_DJW_0048
THE FUTURE OF REAL ESTATE IS HERE NOW
GREAT UPSCALE RESTAURANT $699,000 BUSY ONTARIO TOWN
FOR MORE Contact George Gicopoulos Sales Representative
HOME AND OFFICE CLEANING SERVICE - $245,000. Established for many years. Well Run reputable operation with plenty of room for expansion and growth PUB/RESTAURANT ONLY $75,000 On WELLINGTON Rd in London over 7,000 sq ft fully equipped with rental below $10/ft per year Yes it’s no mistake only $75,000 and rent is under $10/sq ft Hurry Don’t Miss Out!
Best intersection of Goderich known as 5 Points. Franchise operation on a ten year net lease. Free standing building about 7 years old with great signage and exposure. Plenty of parking. 6.5% cap over 10 years. Don’t miss this one.
1600 HIGHBURY AVE N. FOR LEASE 1,000 SQ FT. END CAP RETAIL/OFFICE/COMMERCIAL - $16/ NET 3118_DJW_0036
11318636_3118
Sales Representative
Great End Cap unit for lease at $16 SqFt Net. North east London. Plenty of parking, great visibility, in one of the fastest developing areas of London. Zoning permits many uses. Call today!
Please say you saw it in The Commercial Investor
HAMILTON
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
HAMILTON SECTION COVERING: Ancaster Caledonia Cayuga Dundas
Dunnville Grimsby Hamilton Haldimand Stoney Creek
For advertising
contact Doreen Wills Tel: 1-800-268-0077 or 905-570-9283
doreen.wills@ypnexthome.ca thecommercialinvestor@ypnexthome.ca
19
Commercial Real Estate & Business Opportunities
44 #17 HALDIMAND ROAD, DUNNVILLE $899,900 Incredible Dunnville Package! Opportunities abound on this 5.7 acre parcel with multiple outbuildings & custom built home! Highlights - 20 ft ceilings, designer kitchen, double sided fireplace, finished basement w/ rec rm, & interior stone koi pond. Ideal home based, turn key business opportunity (currently – “The Potting Shed”). Live the life you deserve! 2318_DJW_0005
33 MAIN ST N, WATERFORD $399,000 Turn-key restaurant/commercial building in the Heart of Waterford! Great exposure & curb appeal w/ ample parking! Many commercial uses w/ zoning. Includes all equipment & chattels. Updates H/VAC, electrical, roof, kitchen & more. Env study & P/L available upon request! A family friendly community!
1917_DJW_1_0055
20 ROBINSON STREET, SIMCOE $279,995 Investment Property loc. in Simcoe’s downtown core w/ ex. pedstrn/traffic exposure. Aprx. 7000sf Comm/Res. Blding-incs 2 Comm. Units (1 rented $1007 p/mnt), huge aprx. 3600sf 2nd flr ftrs 1580 sf hall w/14.6’ ceiling - ideal gallery/banquet hall/ fitness centre, ktchn + 2 bdrm unit. Zoned ”CBD”- allows for sev. uses.
3117_DJW_0017
4875 RAINHAM ROAD, SELKIRK $259,900 Fantastic opportunity to own profitable, turn-key Dairy Freeze/Restaurant business sit. 1.02ac hi-visible corner lot at busy intersection-incs 2 Road entries-1 Conc. N of L.Erie-40 mns/Hamilton. Incs 1000 block building, full basement, steel roof, n/g furn/AC ’10, well w/Comm. UV system ’13 +all equip/see att. Sch, est. clientele since 1962. P&L avail/serious inquires only-VTB potential. No Franchise Fees/No Management Fees. 1118_DJW_0035
D L O S 2005-2007 MAIN STREET NORTH, JARVIS $220,000 Fantastic opportunity to own local icon-“The Golden Cactus Chinese Restaurant”. Loc. in Dwntwn Jarvis. Operated since 1977 by same owner establishing lrg/loyal clientele base. Incs 2 prop. (sep.Pin #s) incs street+rear prkng. Ftrs main 920sfS. sidesit-down eatery,708sf comm. ktchn, 688sf N. side banquet hall, Men’s/Ladies restrms, strg rm,2bsmnt section+att. 3bdrm/1bth RES unitw/372sf grg. 2718_DJW_0019 8171399_3118
Please say you saw it in The Commercial Investor
Hamilton
Volume 18 Issue 08
investment
BDC there to help entrepreneurs for financing and advice
A
record 56,000 entrepreneurs now receive support from the Business Development Bank of Canada (BDC), a 14 per cent increase from last year, as reported in BDC’s 2017-18 annual report released July 26. The report also revealed that the bank’s client base is now more diverse, with marked increases in the number of tech, women and Indigenous entrepreneurs it supports across Canada.
“The ambition, agility and creativity of entrepreneurs inspires us to go further, faster – because when entrepreneurs succeed, Canada succeeds,” says Michael Denham, president and CEO of BDC. “We not only boosted our client numbers, but also broadened the diversity of those we accompany. Our primary goal is to fast-track the growth of entrepreneurs. This means we constantly have to accelerate our own pace, in-person and online.” IMPACTING A GREATER NUMBER OF ENTREPRENEURS With loans, advice and capital for all stages of growth, a record number of entrepreneurs are turning to BDC for help to innovate, scale and grow internationally. For example, the bank: • Announced it would deploy $700 million in capital to increase financing for the most promising Canadian clean tech firms. In an effort to build a
support women entrepreneurs. BDC surpassed its lending objective of $700 million over three years to women majority-owned businesses. In addition, the bank set a new lending target of $1.4 billion for women entrepreneurs over three years and increased its Women in Technology Venture Fund from $70 million to $200 million, making it the largest such fund in the world. • Authorized more than $140 million in financing to entrepreneurs in Atlantic Canada in the first year of a two-year financing envelope launched by the bank to assist the region’s small- and mid-sized businesses. In May 2017, BDC committed to authorizing $280 million in support of companies from this region that are pursuing growth opportunities in the information and communication technology (ICT), agri-food, ocean technology and tourism industries. • Increased the number of Indigenous business it supports by 15 per cent. BDC’s Indigenous Business Unit aims to address the unique challenges faced by these entrepreneurs with in-depth insight and expertise, and tailored solutions like its Indigenous Entrepreneur Loan. INVESTING IN GROWTH
commercially sustainable clean tech industry, BDC is taking on more risk to help high-potential clean tech firms expand by providing them with the capital they need to hire new staff, develop products, support sales, scale up and compete globally. • Deployed a national team of experienced professionals dedicated to the technology industry, to provide financing and advisory services to tech firms at all stages of development. The bank now supports 2,100 tech entrepreneurs throughout Canada, up 12 per cent from last year. • Continued to leverage its online presence and is investing in enhanced mobile capabilities to make it simpler and faster for clients to secure financing. Clients can apply for loans 100 per cent digitally, online at BDC.ca or with their account manager via a BDC mobile device. Authorizing one of these loans takes just minutes and reflects how it intends to work in the future. • Made available more than 1,000 free resources for entrepreneurs, including articles, videos, eBooks, business templates, assessment tools and research reports. BDC publications reached 220,000 Canadians last year, and its website had 5.6 million visitors, an increase of 25 per cent over the previous year. • Continued delivering on its promise to do more to
With more than $3 billion under management, BDC Capital, the investment arm of BDC, counts 1,300 innovative businesses employing more than 30,000 Canadians. During fiscal 2018, its Growth & Transition Capital portfolio reached a major milestone, surpassing $1 billion in flexible specialized financing and minority equity investments to high-growth mid-market companies. The bank’s venture capital operations also had a very successful year. Results were favourably impacted by a significant fair value appreciation following the partial sale of one investee, good performance of its fund investments and two successful initial public offerings (IPOs). OFFERING EXPERT ADVICE BDC continues to focus on non-financial support through its advisory services. The bank delivered 1,500 mandates helping entrepreneurs make their businesses more innovative, productive and competitive. The services delivered most frequently related to increasing sales, finding new markets, improving operations, optimizing technology and building management capacity. It also now supports more than 100 clients through its Growth Driver Program – a unique program designed for ambitious midsized companies that want to grow. STRONG FINANCIAL PERFORMANCE The bank, a self-financed Crown corporation, earned consolidated net income of $818.3 million in fiscal 2018, to be reinvested in entrepreneurs, while also paying a $69.7 million dividend to the government of Canada. BDC committed an additional $2 billion to Canada’s small and medium-sized businesses, bringing its total portfolio to $31 billion.
22
Volume 18 Issue 08
H
A
M
I
L
T
O
11292930_3118
Commercial Real Estate & Business Opportunities
N
Mazhar Roshan Sales Representative
905.929.9800 647.609.9463 905.574.6400
HomeLife Professionals Realty Inc.
Direct GTA Direct
BROKERAGE I have qualifi ed buyers for up to $5M in commercial and investment buyers. Call for details.
Office
mazharroshan@sympatico.ca POWER OF SALE - $10,000 6502 JAMES ST, INWOOD
BURLINGTON FOR LEASE
HAMILTON
Hamilton
RE DU CE D
SOLD 1917_DJW_1_0043
Commercial building. Good for any type of retail, commercial or office. Property being sold “as is, where is.” Buyer or his agent to do the due diligence.
MOHAWK RD. – HAMILTON
1917_DJW_1_0005
2000 sq. ft. on lower level for storage.
HAMILTON MOUNTAIN
1918_DJW_0009
PIZZA STORE
Long established Pizza and Wings business. Doing over $50,000 sales per month. Low rent and long lease, real money-making business. Close to all amenities, schools and on bus route. Good for big family or business oriented individual.
UPPER WENTWORTH - HAMILTON
2318_DJW_0026
Hamilton mountain great location. Busy convenience store w/sales of approx $9000 per week (lottery not included). Extra rev, lottery income of approx $2500/mo. ATM 500, break open 200. Close to family restaurant and drug store. Clean, renovated, improved business w/lg number of regular customers. Low rent $3000 p/m and low overheads, long lease, good for family operation. For more details call LBO. Please do not go direct.
Central mountain location, long established conv store. Doing over 6000 per week. Lotto income is $4000 per month, ATM $350. Low rent ($2538) p.m., long lease. Good for family operation. Do not go direct. Call LBO for more details. One partner is R.R.A. $69,900
2318_DJW_0027
Great investment opportunity. High traffic central mountain location approx. 2,800 sq.ft. two units one dentist, the other catering business. Many updates including exterior stucco, newer A/C, furnace. For viewing and details call LBO. Do not go direct. 48 hrs notice for showings. Showing between 9-5, Monday-Friday only. No weekend showings. $699,900
“My Business is to Sell Your Business”
11294991_3118
Please say you saw it in The Commercial Investor
23
Commercial Real Estate & Business Opportunities
Roman Spytkowsky, Broker 905-528-8956 ext. 4190
242
Main St. E. Hamilton
email: romans@efforttrust.ca
175 HUNTER STREET HAMILTON
617 PARKDALE HAMILTON (INDUSTRIAL) UP TO 30,000 SQ.FT.
QEW EXPOSURE 2300 SQ. FEET
This is a 2nd floor QEW Exposure unit of approx. 2300 sq ft. It is currently an unfinished unit. Landlord is willing to do some renovations for Tenants wish list. Call for more details.
8.00
$
BASE RATE
1) 1 unit in Westdale approx. 1060 sqft, 2nd floor with Elevator 2) 3 main floor units on Mohawk
STONEY CREEK QEW EXPOSURE
7,602 SQ FT WAREHOUSE & OFFICES
LE
Ground floor unit of Approx 6,735 Sq Ft Prestige offices and warehouse. Between Fruitland Road and Jones Road on the South Service Road. Second to QEW.
LE
A
4195 Sq Ft of 2nd floor gorgeous office space. Very well appointed units. Lots of parking. Located on South Service Road between Fruitland and Jones Road.Very quick off the QEW. Call for info regarding this sub lease.
789 WOODWARD 4,758 SQ FT WAREHOUSE 1917_DJW_0052
D
E AS
D E S
LE
Call for details
1118_DJW_0057
D
E AS
Approx. 825 Sq Ft for retail or office. Very busy location for your new business. Located between York and Syndenham Road.
SUB LEASE QEW EXPOSURE
MEDICAL USE SPACES
Great spot on Corner of Parkdale & Brampton Street. Office areas, warehouse and shop area. 3 over head doors.Vacant, easy showings.
2318_DJW_0043
1118_DJW_0042
KING STREET EAST DUNDAS
1118_DJW_0043
0718_DJW_0006
11,350 SQ FT PREVIOUS BODY SHOP
Fantastic stand alone building with 2 floors completely finished. 2 washrooms and 1 is a 4 piece. Lots of potential uses here. Very classy inside and out. Easy access to view. Call today.
Warehouse, Offices and Mezzanine. Quick to QEW. With over 7,000 Sq Ft, Overhead drive in door, 2 bathrooms – this could be your new location.
D
E AS
LE
On Woodward near Glow Ave. Large gated facility. Large warehouse with washroom and overhead drive in door. Asking $6 base.
Hamilton
2318_DJW_0045
2318_DJW_0044
3 spaces available here for medical use only. Plenty of parking. On Mohawk near James. Easy to show these units.
1917_DJW_0044
Ready for Tenant.This unit has a basement and plenty of parking. Approx 130 Sq Ft. Great for accountant, lawyer, or retail venture. Asking $2000/month
Industrial building on the corner of Parkdale and Brampton Street. Approx. 19,480 sq. ft. Good for single user or may be divided. 2 over head drive in doors and 2 loading docks. Asking 6.75 per sq ft base rent. Quick to Burlington Street or Red Hill.
2318_DJW_0046
HAMILTON MOUNTAIN 40 MOHAWK ROAD EAST
KING STREET EAST DUNDAS
0718_DJW_0007
Volume 18 Issue 08
24
Volume 18 Issue 08
10339498_3118
Commercial Real Estate & Business Opportunities For
Further inFormation:
John hryczynski Broker
(905) email:
REAL ESTATE BROKERAGE
529-5900 x 240 John@BBsrealty.com
www.BBsrealty.com
commercial real estate
commercial real estate sales and leasing services RETAIL PLAZA FOR SALE 1118_DJW_0059
DOWNTOWN HAMILTON LAND FOR SALE
3118_DJW_0037
FOR SALE
PRIME WEST HAMITLON Freestanding building located in prime West Hamilton in the Westdale Village district near McMaster University, excellent corner location with 14 + parking. Existing building approx. 1,600 sf in excellent condition used as office space, ideal for same and for most other retail uses. Avoid years of LRT construction and relocate your business to this prime location. Asking only $945,900, VTB available to qualified buyer, won’t last.
FREESTANDING RETAIL BUILDING FOR LEASE 1518_DJW_0051
NEW RETAIL PLAZA FOR LEASE 1917_DJW_1_0069
FOR LEASE
EAST HAMILTON LOCATION Fully leased busy corner retail plaza with excellent exposure to high traffic along a major east west arterial street with easy highway access. Possible future Light Rapid Transit route in front of plaza. Located in a large mixed density residential area. Ideal carefree investment with many long term Tenants. This plaza contains 9 units, 7 ground floor retail & 2 lower level units. Good on-site parking. Asking $2,695,000. Call for additional details.
3118_DJW_0038
CENTRAL HAMILTON Great freestanding building located on busy corner lot with excellent exposure and loads of parking on adjacent leased parking lot. Building size 4,100 sf (3,000 sf main floor, 1,100 mezzanine) used by successful Master Paints Retail business for decades, ideal for same or most other commercial or industrial uses. Ideal for retail/ mfg./whse. uses. Close proximity to large industrial companies and residential areas. M6 Zoning permits a variety of uses. Asking $9.90/sf net. Immediate possession.
CALEDONIA BUSINESS DISTRICT A new mixed use plaza devleopment in the downtown business district with occupancy September/October 2018. Excellent exposure along this busy major arterial through the centre of this growing town and located just west of the new 3500 residential unit development now under construction. Retail units from 1,000 sf to 5,000 sf. Ideal opportunity for most retail/office uses. Suitable for most national tenants, call for details.
1010 UPPER WENTWORTH ST, CENTRAL HAMILTON MOUNTAIN A freestanding signature retail building located directly across from Lime Ridge Mall. Prime exposure to high Mall traffic on this major power retail corridor with many national tenants. Easy access to expressway connecting to all areas of upper Hamilton. Existing building has dominant exposure and is 11,650 sf on main floor with loading dock. Ideal for most retail or office uses. Asking $16.95/sf net. Landlord may custom build, call LB for further details.
What our clients are saying about us 1100 SOUTH SERVICE RD., STONEY CREEK
LEASED Through
Mar 18,
INCORPO Full Covera
2017, Volu me
17 Issue
RATING FRANCH
ge Area Incl
uding Win
INVESTM
02
0717_DJW_0046
ISE AND BUSINES
dsor, Ham
ilton, Toro
ENT/OW NER-USE WATERL R PROPER OO, ONT TY ARIO
S OPPO RT
nto, Niagar
CHESLEY
UNITIES
a Falls, Kin
- RESIDENT
ED UC RED
gston and
IAL SUBD IVISI
Ottawa!
ON - $840 ,000
D CE DU RE
4,982 SQ.F
T. • $1,56
units & 2,500 • one on new LRT line. 2 bedroom apartm MLS# 3054 1875 Parking ent with on-site and ample loft. Corner prope parking LESTER nearby. rty Coldwell Sales Repre TOBIN Banker sentative Commercial Email: Leste Peter Benni r-Tobin@c nger Realty oldwellba Phone: , Brokerage 519-
ST E, WAT ERL
m
OO • $5,4 95,0
00
2 acre high profile developme reposed C-2 nt site. Prozoning allows for high density residential/mixed bourhood use neighcommercial Minutes . to public transi HWY 85, on few block t route and a s ture LRT from two fustops. Ideal main floor for comm and up to 12 storey ercial dential resiat 242 bedro density up to oms per 11,500 sq.ft. vacan acre. fessional t office buildiprocurrently ng on site. MLS.
Call DUN
CAN MCL
FREE SU
Sales Repre EAN sentative CMA Realty Email: dunc Ltd., Brokerage an@cmare Phone: alty.c
519-590-
7997
BSCRIPT
ION!
OWNER ANXIOUS approx. 30 TO SELL. acres of flat Featuring esque town 60 registe land, zoned red of Chesle y (just north residential. The proper unserviced buildin numerous churches, g lots, of Hanove ty is situate social Grey-Bruce r). d in the pictur-plus School Board clubs, supermarket, Chesley boasts its own an active Head Office. Main Street modern hospital, with a new ASKI For Marke large ting Broch NG ONLY $840 ure Call: Winston ,000 Suite 411 WinCorp Realty Davies, Inc., – 60 Wynd Broker of ham Stree Real Estate Broke Record t South, rage Guelph, Tel: 519-8 Ontar 36-2080 Email: wjmd io N1E 7H7 avies@roge rs.com
nkerpbr.co
ext 3023
gsmahersolutions@gmail.com
shawnmaherrealestate.com
360 ACR 4,000 FT. ES. EAST OF LAKE SIM OF SHO RELINE COE. ON CAN AL LAK E.
Unique
property potential which offers devel uses. opme
$2,490,000
a
Broke
Get The Com
mercial Inves
MIKE K.
nt oppor tunity for . For furthe many r inform ation:
NANAVA TI
r of Recor Email: mnand Wind Star Realty Limite avati Tel: 416730-8484 @sympatico.ca d, Fax: 416-
tor delivered
directly to
your door!
(COM)
153 UNI ON
743-5211
Broker
Office: 905-777-0252 ext 309 Cell: 905-966-4510
590-1666
See inside
for details
For information call 1.800.268.0077
FC_0717
Three retail
G Shawn Maher
$995.00/P MTH Hamilton Business Park QEW and Fruitland Rd. New office, prestige office business park. South Service Road and QEW exposure. New floor, carpet, paint, glass boardroom, 2 parking spaces. Square footage is 725 sq. ft. 0717_DJW_0047
Please say you saw it in The Commercial Investor
11314784_0717
Feb 18 -
The Commercial Investor
30 ACRES
Hamilton
PRIME HAMILTON DOWNTOWN CORE PARKING LOT FOR SALE, AN IDEAL FUTURE SITE FOR A HIGH RISE CONDO DEVELOPMENT. GOOD INCOME FROM BUSY PARKING LOT UNTIL DEVELOPMENT OCCURS. WALKING DISTANCE TO THE GO STATION, OFFICE TOWERS, COURT BUILDINGS, HOSPITAL AND MOST OTHER DOWNTOWN AMENITIES. ASKING $2,799,000 CALL FOR ADDITIONAL DETAILS, PRINCIPALS ONLY.
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
SECTION COVERING: Ajax Alliston Bowmanville Bradford Bolton Burlington Brampton Concord Durham Region
Etobicoke Georgetown Georgina Keswick Markham Milton Mississauga Newmarket North York Oakville Oshawa
For advertising
contact Doreen Wills Tel: 1-800-268-0077 or 905-570-9283
doreen.wills@ypnexthome.ca thecommercialinvestor@ypnexthome.ca
Pickering Richmond Hill Scarborough Schomberg Sutton Toronto Tottenham Thornhill Vaughan Whitby Woodbridge
GREATER TORONTO AREA
GTA
26
Commercial Real Estate & Business Opportunities
Volume 18 Issue 08
SkyViews CONSIDERATIONS WHEN SELLING YOUR APARTMENT BUILDING When it comes to selling your apartment building, there are many things to consider. The most important, however, is which brokerage firm you will choose to represent your interests and generate the right potential buyers. The following is a general guideline for choosing the right brokerage firm for you.
your property, the right brokerage will utilize what is called “target marketing”. Having access to multiple forms of communication, your brokerage should identify the best strategy to reach all buyers in the apartment building industry directly, resulting in you getting the most efficient marketing results.
1) Go with Experience Real Estate markets change from year to year, even from month to month. When dealing with a brokerage, you need to find the delicate balance of experience coupled with the up-to-date understanding of today’s current marketplace and trends. Experience alone will fail to provide you with strategies that will apply to current trends in the industry. On the other hand, a brokerage that lacks experience will not be able to accurately predict and prepare for upcoming trends.
6) Knowing the Buyers Your ideal brokerage is connected not only to you but also to a network of current buyers. When you are ready for your property to be listed, your brokerage should already have contacts with potential buyers and know who would be the right fit for your building.
Greater Toronto Area
2) Look Out for Number One Above all else, the brokerage you choose should look after your interests and work hard knowing that they have your trust, confidence and commitment. Your brokerage should ultimately be looking to serve your needs throughout the process of selling. 3) Take the Right Approach Some brokerages focus on the approach of “Bring Me an Offer”. While multiple offers can be beneficial, finding the right buyer with the right offer is the most crucial element in working with a brokerage. A good brokerage will bring the right people to the table to help you sell your building. 4) Know Your Value Many brokerages waste valuable time and resources hoping to pinpoint the market value for your building. The right brokerage, however, will have the knowledge and experience to provide an accurate opinion of value prior to even listing your building. Knowing what your building is worth will help you get the right return on your investment. 5) Exposure is Key Marketing your property is not just a matter of using one or two forms of communication to blanket the market in hopes of finding potential buyers. To properly market
7) Real Estate Networking Along with knowledge of current buyers, a brokerage should have already established relationships with other companies in the industry - appraisers, environmental and structural inspectors, financial institutions, etc. Having an established network of industry professionals can assist you in bringing your transaction to a quicker close. 8) Beyond the Offer Many real estate transactions fail at the most crucial stage... the due diligence process. Having a brokerage that engages in a thorough due diligence process ensures that your building’s information is verified for the buyer and your transaction closes smoothly and promptly. 9) Get What You Pay For Whether you are paying a low or high commission fee to the brokerage of your choice, you need to be confident in the level of service you received. The right brokerage will be dedicated to providing the ultimate service for the commission fees you pay. The Bottom Line When all is said and done, the most important element in dealing with a brokerage is achieving top dollar for your apartment building. Finding the right brokerage -one that fulfills the above criteria - ensures that you will walk away from your transaction with the confidence that you have received exceptional service, maximum exposure, hassle-free processes, and the financial results you had planned for. 8647857_3118
SKYVIEW REALTY LTD.,Brokerage Apartment Building Sales Tel. (416) 444-6545 E-mail: info@skyviewrealty.com
Fax (416) 444-6997 Website: www.skyviewrealty.com
Please say you saw it in The Commercial Investor
R O
REALTOR
Volume 18 Issue 08
27
Commercial Real Estate & Business Opportunities
BALBIR SARAL, Broker Cell: 416-453-5892 Emial: balbir.saral@century21.ca KEN RATTAN, CCIM, Broker Cell 416-805 9827 Email: ken.rattan@century21.ca
TEJWINDER SUDAN, Broker Cell: 647-283-6448 Email: tejwinder.sudan@century21.ca SKYLARK REAL ESTATE LTD., BROKERAGE
BALJIT GILL, Broker Cell: 416-662-3550 Email: baljit.gill@century21.ca
Independently Owned & Operated
905-673 3100 1510 Drew Rd. Suite 6, Mississauga, ON.
11323187_3118
Asking Price: $20 Million BRAMPTON LAND DEVELOPMENT
SITE PLAN APPROVED FOR GAS STATION. LOI FROM MAJOR GAS COMPANY IN PLACE. EXCELLENT POTENTIAL. LOCATED IN RESIDENTIAL AREA. LAND ONLY: $5 MILLION OR TURN KEY $7 MILLION
LAND FOR GAS STATION DEVELOPMENT
2 ACRE SITE PLAN APPROVED FOR GAS STATION & CARD LOCK. LOI FROM ESSO. QEW EXPOSURE NEAR NIAGARA FALLS. LAND ONLY: $1.2 MILLION OR TURN KEY $2.5 MILLION
MIXED USE FULLY LEASED HAMILTON
3 apartments and a commercial tenant. Shared Laundry. Fully leased. High Income.
Asking Price: $950,000
APPROX. 3 ACRE PROPERTY. EXISTING BANQUET FACILITY. SITE PLAN APPROVED FOR HOTEL WITH LOI FROM MAJOR OPERATOR. CURRENT NOI OF $550,000 OR REDEVELOP PROPERTY FOR HOTEL & BANQUET CENTRE. ASKING PRICE: $17.5 MILLION
1.2 ACRE CORNER PROPERTY. MANY USES ALLOWED. I.E.: PLAZA, RETAIL, GAS STATION, BANK, RESTAURANT, OFFICE, CONDO, APARTMENT ETC. PRINCIPALS ONLY. ASKING PRICE: $3.0 MILLION
HEAVY INDUSTRIAL LAND WHITBY
CAR WASH & TIM HORTON’S
NEAR HAMILTON. 2.2 ACRE PROPERTY WITH TUNNEL CAR WASH, COIN WASH AND TIM HORTON’S. ADDED VALUE ON LAND TO BUILD MORE RETAIL OF ABOUT 2000 SF.
50 ACRES FLAT LAND. HIGHWAY 401 EXPOSURE.
ASKING PRICE: $ 6 MILLION
ASKING PRICE: $3.8 MILLION TORONTO GAS STATION DEVELOPMENT
HOTEL OPPORTUNITY
LAND SITE PLAN APPROVED FOR 120 ROOMS. MAJOR BRAND HOTEL. SITE WILL BE READY 2019. NEXT TO GTA
Brand New gas station development. 2,000 sf. C-store with food partner. Major brand. Huge upside.
ASKING PRICE: $35 MILLION
ASKING PRICE: $6.2 MILLION
INVESTMENT BUILDING
GAS STATIONS DOOR MANUFACTURER
Free standing Bank of Nova Scotia. 15,000 sf. NNN lease. Net income over $165,000/yr.
We manufacturing have over 40and locations Door installaavailable. Allinmajor tion business Torontobrands: for sale. Established 35 years. Excellent esso, PetroCanada, Shell, client base Ultramar and growth&potential. Pioneer, Mobil. Asking Price: $199,900
Asking Price: $3 Million
Call for more information.
PLAZA
1) 21,000 sf. Net $260,000. 4.75% Cap Rate. 1 Hr from GTA.
2) 1 Hr from GTA. AAA tenants. Cap Rate: 4.75%.
3) Toronto Location. Net Income: $157,000. 4.75% Cap Rate.
4) Located in Orangeville. Newer
construction. Long term stable tenants. Net income $307,000. 6% Cap rate. 5) 6 Commercial and 6 residential tenants. Fully leased with escalations. Stable long term tenants. Asking Price: $3,800,000
1) In Toronto. C-Store: $1.1 Million Gas: 6 Million, corner location. Asking: $6.5 Million. 2) Near Barrie. Renovated. Self-serve. House on the property. Propane & store sales very high volume. Asking price: $3.4 Million 3) Near Guelph. 11 Million L, 1.4 Million store. Rental income from Tim’s Hortons. Propane. Residence on the property. Asking: $8 Million
1) Renovated. Drive-thru for Tim’s. High volume store & fuel. Propane & extra rental income. Near Guelph. Asking: $4.9 Million 2) 1 year new. Near Hamilton area, 4 million L, 1 Mil store. Asking: $3.6 Million 3) 2 year new site. 5 Million L, 1.2 Million store. Near St. Catherine’s. Asking: $3.9 Million. 4) BUSINESS ONLY FOR SALE. Rent: $15,000/mth. Net income: $250,000 Asking: $599,000
Please say you saw it in The Commercial Investor
Greater Toronto Area
MISSISSAUGA LAND 22 acre site. Open to many types of mixed used development. Highway 403 Exposure. Principals only.
DEVELOPMENT LAND IN HAMILTON
TORONTO HOTEL DEVELOPMENT SITE
28
Volume 18 Issue 08
Commercial Real Estate & Business Opportunities
“Ex-Commercial Banker And Accountant That Will Help With All Your Commercial Financing Needs”
Your NextHome is here!
RECENT TRANSACTIONS (1) 100% LTV Financing for $2.1M Commercial Building (2) 85% LTV Financing For $1.9M Commercial Building (3) 75% LTV Financing For $1.2M Refinance Of Hotel Going Through Receivership. (4) Refinancing Of Property To Remove CRA Lien.
OTHER SERVICES
Whether you’re renting or buying, finding your next home has never been so easy.
Jay Singh Tel: 416-666-3479
FSCO Licence # 10874 Jay.Singh@ontariomortgagepros.com
EXCELLENT DEVELOPMENT OPPORTUNITY IN STONEY CREEK, ONTARIO 2718_DJW_0008
2718_DJW_0009
11323099_3118
Greater Toronto Area
11320543_3118
(1) All Types Of Commercial Mortgage Financing (Motels, Hotels, Gas Stations Etc.) (2) Tenant - Landlord Financing (3) Unsecured Loans (4) Introductions To Joint-Venture Partners For Development.
Prime Land steps from Ontario Lake
Potential waterfront development property!! Great opportunity for a developer/builder to create a combination of uses such as medium density residential, condominiums, commercial, retail uses. Condo development falls within Official Plan. One big parcel of land with four Duplex “sold as is” value in land. Phase-1 Environmental and Geo-Technical can be provided on request.
468, 470, 472, 474 Millen Road, Stoney Creek, Hamilton, ON Bharat Karla
Bk99@hotmail.com | 647.262.3996
Aman Bhatia
toamanbhatia@gmail.com | 416.300.0056
Please say you saw it in The Commercial Investor
Volume 18 Issue 08
29
Commercial Real Estate & Business Opportunities SELLING REAL ESTATE FOR OVER 28 YEARS
Platinum Award Winner
Bill Morrison SALES REPRESENTATIVE
Direct:
905-619-9500
Heritage Realty Inc., Brokerage Independently Owned and Operated
morrisonb@sutton.com
COURTICE
CLARINGTON
41 Acres on the boarder of Oshawa and Courtice Close to downtown. Has an old farmhouse and barn with could be renovated or replace them with new home. Ideal property to land back to the future. Seller will consider holding VTB mortgage with 50% down at 4%. 1118_DJW_0062
ASKING $2,799,000. Prime Commercial corner locations on 4.18 Acres. Mixed zoning. Fully leased 6 tenants. Plus detached home also leased. Close to Hwy 407. Potential to increase size of plaza. Located in one of the fastest growing regions. Net income $153,000 Great CAP Rate. VTB available. 1918_DJW_0053
WANTED
WANTED AS SOON AS POSSIBLE
Small & large parcels of properties to develop. Downtown Toronto and surrounding areas. I have Developers & Investors waiting.
Truck Terminal with warehousing. To purchase or lease. To hold 20 â&#x20AC;&#x201C; 40 trailers in the Halton, Mississauga, Wellington Area.
Call to Discuss
Greater Toronto Area
Email:
10527900_3118
Toronto line: 416 798 7278
Call to Discuss
I URGENTLY NEED MORE PROPERTY TO SELL IN ALL AREAS,
BUYERS ARE WAITING.
Call Bill Morrison to sell yours! FREE consultation call Bill 905-619-9500 Please say you saw it in The Commercial Investor
investment
Colliers GTA office market report Q2 2018
Healthy demand for high-quality space across the GTA OVERVIEW Toronto continues to lead the top 10 North American central business districts with the lowest vacancy rate of 1.6 per cent. Robust demand for flexible, sustainable and high-quality space remains a common denominator across the GTA, spurring new office developments in attempts to satisfy demand. The investment market saw a total of $715 million in office sale transactions across the GTA in Q2, down from $1.8 billion in Q1. The decline was due to the lack of
downtown transactions, where the largest deal was the sale of the Parkway Place complex in North York for a total consideration of $256.25 million. The GTA west market saw a fair amount of transactions this quarter (23 per cent of the GTA volume), highlighted by the Rogers acquisition of 1004 Middlegate Rd. in Mississauga for $65 million. DOWNTOWN Though Torontoâ&#x20AC;&#x2122;s downtown market is the sixth largest central business district in North America, it is the tightest, for current and prospective tenants. In response to the
leading tech-ventures, signed a 50,000 sq. ft. lease at 325 Front St. W. to reflect its continued growth. Harlequin has also announced it will be relocating from the central east submarket, to occupy two floors at 22 Adelaide St. W. Lastly, CIBC Square’s first phase, 81 Bay, has attracted multiple suitors looking to secure their future tenancy and is now rumoured to be fully leased. MIDTOWN The midtown market hit yet another record-low vacancy rate of just 1.3 per cent (a -30 bps decline from Q1 2018) as it reported a solid 51,293 sq. ft. of positive absorption this quarter. Net asking rental rates also grew by 1.3 per cent YoY; the increase was primarily driven by the Yonge-Bloor submarket that saw a hike of +6.5 per cent YoY. For the first time in more than 10 years, the midtown is set to take on new supply as the construction at the Bathurst College Centre is nearing completion and is slated to open in fall 2018. Once completed, it will add 70,000 sq. ft. of office space to the total inventory, 40,000 sq. ft. of which is already pre-leased. There is an additional 360,000 sq. ft. of planned office developments in the pipeline for the midtown market that could offer some ease to the much-tightened market. The City of Toronto received nine residential/mixed-use development applications in the past three months across the midtown market, most of which are located within the Yonge-Eglinton submarket. The increase of development activity in this submarket is very much anticipated as the construction of the Eglinton Crosstown LRT is well underway, targeting completion in 2021.
growing pent-up demand, landlords such as First Gulf and Cadillac Fairview have announced the construction of 25 Ontario St. (460,000 sq. ft.) and 160 Front St. W. (1.45 million sq. ft.). One-hundred-sixty Front St. W. is slated for occupancy in the fall of 2022, and 25 Ontario St. will begin construction without landing an anchor tenant and is slated for completion in Q2 2021. Rental rates across AAA, A and B product continued to climb (+6.12 per cent YoY) this quarter with the largest increase amongst B-class product (+11.01 per cent YoY), which has lost 55 per cent of its vacant space over the past five years. As product continues to become scarcer and demand increases, rental rates should continue rising above historical averages. This quarter saw the leasing of many current and future large-block availabilities. Tim Hortons announced in early Q2 its intentions to relocate from Oakville to the Financial Core by year-end, Google inked an expansion at 100 Adelaide St. W. and elected to renew its lease at 111 Richmond St. W., and One Eleven, one of Canada’s
From an investment standpoint, the overall transaction volume in the midtown market was $111 million spread across all asset classes. The multi-family sector was the leading asset this quarter (67 per cent) followed by retail (28 per cent), while office recorded just one office-condo sale transaction. The most notable deal this quarter pertains to the sale of 41-45 Spadina Rd., a lowrise multi-family building for almost $21 million, corresponding to $872,917 price per unit. GTA NORTH-EAST Despite experiencing a statistically weak quarter, the GTA north/east market’s vacancy continues to decline YoY (-0.1 per cent YoY). The large sources of negative absorption were IBM’s office at 3600 Steeles Ave. E. (172,000 sq. ft.), and Harlequins’s office at 225 Duncan Mill (111,000 sq. ft.). Should these two vacancies be discounted, the central east submarket fared a healthy quarter of absorption (+37,508 sq. ft.) relative to its 10year historical average (-13,821 sq. ft. per quarter). The North Yonge Corridor has struggled in recent quarters with tenants such as SAP and Ontario Teachers’ Pension Plan relocating to the downtown core, coupled with the premise that vacancy has nearly doubled over the past five years. However, there is growing anticipation that the submarket could begin rebounding in quarters to …continued on page 35
32
Commercial Real Estate & Business Opportunities
Volume 18 Issue 08
HAMILTON APARTMENT FOR SALE 11319123_3118
18 suites in a Prime Residential area in high demand Hamilton 15 suites have been totally renovated Building in great shape - roofs, common areas, fire escapes all done Stable solid cash flow for that passive investor Lorenzo DiGianfelice, Broker of Record & Owner ldigianfelice@cfrealty.ca
Greater Toronto Area
Commercial Focus Realty Inc. 35 The Links Rd #201, Toronto, ON, M2P 1T7 / 416-907-8281 Direct
What our clients are saying about us
SOLD Jun 10 -
Jul 08, 201 7, Volume
INCORPO Full Covera
17 Issue
RATING FRANCH
ge Area Incl
THROUGH THE COMMERCIAL INVESTOR
06
$
| www.Hea therAhrens | Office: 705-887.ca 7878
• Large SOLD BY and WINCORP • Have many Small Apartment REALTY Buildings INC. • Specializin CASH Buye anywhere rs in Ontario • Reference g in multi-resid ready to inves ential sales t NOW • Confidenti s supplied for over ality guara 40 years nteed CONTACT: WINSTON WINC ORP REAL DAVIES, TY INC. BROKER REAL ESTAT OF E BROK RECORD TEL: 519ERAGE GUELPH,ON 836EMAIL: wjmdavies 2080 TARIO @rogers.c om
SKOKA DEV
Brokers Mobile Real Esta Networking te Associati on New
Get The Com
Lrg building for sale in Downtown Hamilton. Former Presbyterian Church building - 3 flrs of offices, including gym, chapel, lrg sanctuary. Many poss. on this site from retrofitting the building to full redevelopment. Located at South W corner of Tisdale N and King W. 1917_DJW_1_0009
Nicholas Kazan, Nicolas von Bredow, Royal LePage Macro Realty, Brokerage
250-2247 Rymal Rd. E. Stoney Creek, Ont. L8J 2V8
Broker nkazan@royallepage.ca Office 905.574.3038
Broker nvbredow@royallepage.ca Office 905.574.3038
Not intended to solicit Properties or Buyers Currently Under Contract
NT PROPER
TY
Existing
rental build lot for sale ing PLUS prime 1 Bay Stree comm t, Baysville, ercial building Ontario $495,00 0.00 overlookin g Lake Visit webs ite: <bay of Bays dam-site streetboys for full inform .ca> Contact: george@ba ation ystreetboy s.ca or Tel:
mercial Inves
Directly
tor delivered
(705) 767
directly to
-3743
your door!
See inside
for details
(COM)
IPTION!
ELOPME
FC_2317
SUBSCR
$1,050,000
Ottawa!
S WANTED
TED WAN
PRIME MU
Listings Haves & Daily, Wa 75% Exc nts, lusive Results 3-7 secondsin on you r phone ICIWorld.com iciworld.mo bi Add It To Your Or Add The Home Screen ICIWorld FREE App
ENT BUIL DING
D TE AN W
6-214-48 41 7
APARTM
D NTE WA
Over 6 acres of Indust on main busy County rial zoned (M1-1) property uses under Rd with approx current zoning 121 in Fenelo . beautiful n Falls. include High traffic 89ft of road frontag Centur e fenced storag y Home with Large boat repair and exposure. Permit e area & Shop & Works furniture repair ing chang so much shop. Reside ted hop e to in a motor vehicle M1, custom workshmore to offer!! Additioareas each approx 20`x40` & op, industr nal parts, Busine ial mall, warehuses dependent ss/Profession on zonousing, dry al office, HEATHE etc. MLS# land 631600202, marina, R AHR X3763501 Email: Heat REMAX All-Sta ENS Sales Repre rs Realty herAhrens senta @remax.ne Inc., Brokerage tive Phone: 705t
5
IN HAMILTON
ISE AND BUSINES
uding Win S OPPO HOME BASE dsor, Ham RTUNITIE D M1-1 ZONI ilton, Toro S 551 CTY RD NG nto, Niagar 121, FENE INVESTMENT OPPO a Falls, Kin LON FALL S, KAWARTH RTUNITY!! gston and 00 LARGE A LAKES 9,0 AND SMA 84 LL
344-4235
IN HAMILTON BUILDING FOR SALE
For information call 1.800.268.0077 Please say you saw it in The Commercial Investor
Volume 18 Issue 08
Team # #Commercial In Canada! *
33
Commercial Real Estate & Business Opportunities
Commercial Team In Canada! *
All-Stars
The ThePB PBTeam Team Realty Realty Brokerage Independently Owned And Operated
Brokerage Independently Owned and Operated
**
+ ** www.PBcommercialteam.com www.PBcommercialteam.com
www.PBcommercialteam.com + Broker of Record
0916_DJW_3_0071
MAIN/DANFORTH PRIME RETAIL/COMMERCIAL SPACE
0916_DJW_3_0071
REGISTER NOW FOR TORONTO’S ULTIMATE CONDOS BY THE TORONTO EXHIBITION!
Prime retail/commercial space available just steps from the Main subway! Great business opportunity! Busy Main/ Danforth intersection with heavy foot traffic. 1,800 sq. ft. with Main Street exposure! Excellent lease terms! Leaseholds and chattels available for sale for $60k, excluding company name, if purchased by June 1, 2018. $14.65/sq. ft. gross + utilities. Call George 416-554-7653. 1918_DJW_0050
#1 Toronto Project! Brand new, glass and steel, modernisticstyle with curvilinear accents that cultivate an inviting presence! Prices start from $320,900 with studios to 2 bedrooms + dens, and a wide range of amenities. Call today!
Greater Toronto Area
** Sales Representative
1518_DJW_0029
WANTED APARTMENT BUILDINGS! Canadian Corporation looking to Buy ALL CASH Apartment Buildings in Ontario. • I have over 30 years experience of Commercial Real Estate and work only directly with the Buyer!! • Sellers of Rental Apartment Buildings get a Superb Cap Rate for your properties!! • Size of rental buildings from 60 units up to 600 units complex. • In the process of accumulating over $100,000,000.00 in Rental Apartment Buildings in all cash transactions. • Principals only or First Line Brokers will be considered with proof of Listings from Sellers of Rental Apartment Buildings. • Rental Apartment buildings with Environmental Issues will be considered for Purchase!! Please contact George Politis, Broker of Record / Owner Member of Canada Chapter of CCIM (Certified Commercial Investment Member) Office 905-887-9000 or Cell 416-554-7653 3118_DJW_0034
www.PBcommercialteam.com | GPolitis@ThePBTeam.com 905-887-9000 • 416-735-2324 5071 Highway 7 East, Unit 5, Markham ON L3R 1N3 *Based on Re/Max Canada commissions in 2014 1st Q
All Listings are MLS unless otherwise noted. Not intended to solicit clients already under contract.
Please say you saw it in The Commercial Investor
11276658_3118
•
CENTRAL ONTARIO
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
CENTRAL ONTARIO SECTION COVERING: Barrie Collingwood Muskoka North Bay Kawartha Lakes Midland
Meaford Paisley Parry Sound Orillia Owen Sound Sudbury Walkerton
For advertising
contact Doreen Wills Tel: 1-800-268-0077 or 905-570-9283
doreen.wills@ypnexthome.ca thecommercialinvestor@ypnexthome.ca
Volume 18 Issue 08
35
Commercial Real Estate & Business Opportunities 8313781_3118
Bill Byers Sales Representative bill-byers@coldwellbanker.ca
…continued from page 31
come. Given the lack of currently available large block availabilities in the downtown and midtown markets, the North Yonge Corridor offers plenty of opportunity for prospective tenants of various sizes to consolidate their offices into a singular location, have access to premium amenities and remain connected to the TTC and a 400-series highway. Equifax seized an opportunity to relocate within the submarket to 5700 Yonge St. and will leverage swing space as its new 50,000 sq. ft. office undergoes renovation. Given that Markham is continuing to be one of the leading absorbers of inter- and intra-provincial migration, and Metrolinx is planning to complete its Stouffville GO Expansion by 2025, transaction activity remains strong amongst product adjacent to Hwys. 401-404. Tenants looking for an excess of 20,000 sq. ft. have more than 13 options to choose from, 11 of which are within A-class buildings. Landlords appear to be aware of the growing demand in this region, as asking net rents amongst A-class product have risen +16.21 per cent YoY in the Consumers Road. GTA WEST The GTA west market is the second largest office market after the downtown market, representing 23 per cent of the overall GTA inventory. It experienced a positive absorption
2317_DJW_1_0033 4717_DJW_0029
HWY#11 COMMERCIAL 93 Acres with Commercial Hwy entrance. 2 Homes, 70’ X 40’ and 40’ X 40’ Shops, Garage & more. Over 10 Acres of good solid gravel parking. With Agricultural/Commercial zoning there is a ton of potential. Near New Liskeard. Asking $499,000. MLS TM172580
GAS STATION Large Commercial Building 4285 sq' on the main Street in Elk Lake (Hwy # 65 & 560) across from the Montreal River. Vacant, former gas station, restaurant, repair shop with hoist & owners apartment (not finished). Asking $139,900. MLS TM152302
LARGE BUILDING Former Chicken Farm. 5,300 sq’ Barn with Office, 28’ X 60’ Shop, & 2 Smaller Barns. Tidy 4 Bedroom, 2 Bath House. Large Garden, nicely landscaped. 1.4 Acres. Just off Hwy#65 East between New Liskeard & Quebec. Asking $299,900. MLS TM172705
of +147,160 sq. ft. in Q2 2018 that was mainly driven by organically growing tenants. The majority of the lease transactions that transpired this quarter were in the A-class product, eluding to the flight to quality within tenants’ demand. The net asking rents grew by +3.5 per cent YoY in the GTA west, mostly driven by the airport west and Hwy. 427-Islington submarkets (+19.1 per cent and +10.3 per cent YoY, respectively). The GTA west market took on three office building completions this quarter, adding a total of 160,600 sq. ft. to the inventory. One office building is located in the airport east submarket where Ledcor will be relocating, while the other two are in Oakville: Aviva’s A-class office building at 1335 North Service Rd. E. and Fengate’s second office building at the Oak West Corporate Centre, a one-storey flex-office building featuring 30,600 sq. ft.. Despite the addition of the new supply this quarter, the vacancy rate in the GTA west remained unchanged quarter-over-quarter (9.1 per cent). As a result of the accessibility of the GTA west market, professional services such as engineering, consulting and tech continue to be the dominating industries within the office market. Given that the GTA west market harbours the highest concentration of professional graduates, it is not surprising that these industries continue to leverage their workplace as a way to attract top talent.
Central Ontario
6 UNITS 4 Residential + 2 Commercial fully rented. Many recent updates including shingles, & Retrofit. Great downtown New Liskeard Location. Asking $299,900. MLS TM181659
DUPLEX 2 Large 2 Bedroom Units. Lots of Parking, Garage, Yard, & Gas heat. Fully rented at $975/mth each. Haileybury. Asking Only $63,900. MLS TM180376 4717_DJW_0030
3118_DJW_0025
GOWGANDA Small Four Unit Motel, with Chip Stand, Three Bedroom Bungalow, Garage/Workshop, & several Storage Sheds. On almost an acre, steps to Lake Gowganda & the public boat launch. Unorganized Town with no Zoning or building permits required and low taxes. Asking $399,900.
1118_DJW_0034
2718_DJW_0023
www.temiskamingrealty.com 1-866-557-1110 705-647-1110
legallyspeaking
Are ASSETS or SHARES your best bet? By Jayson Schwarz and Konstantine Chaztidimos
W
hen you are about to either buy or sell a business, you need to think about whether you are going to buy the shares of the company in which you have the interest, or buy its assets pursuant to the Bulk Sales Act. The assets usually include the physical plant and equipment of the company, as well as its name, goodwill, receivables, etc. The decision on which way to go will impact the tax positions of both sides and dictate the legal form which the transaction will take. A share sale is usually preferable from the vendor’s perspective, while asset purchases are normally more attractive to buyers. These opposing preferences are created by two primary issues; legal liability and tax consequences. Legal liability is the main issue to be canvassed by prospective purchasers. Purchasers must be aware that when acquiring the shares of a corporation, they are buying an entire company along with its full slate of assets and liabilities. This “warts and all” approach means that the corporation’s complete past history is also included in the bargain. If, for example, there is anything in the corporation’s past that could trigger a lawsuit – be it tax, product, environmental or employee liability – the purchaser may have bought this headache along with the business. These risks can be minimized, however, by engaging a lawyer to perform what is
known as “due diligence.” Due diligence involves procedures such as checking for registered claims or potential liabilities and confirming compliance with the relevant taxing authorities. An agreement that addresses any possible future issues and that specifies how they will be handled would then be prepared by the lawyer.
equipment has been depreciated on the books of the vendor to an amount less than that is allocated to it on the sale, there will be a recapture of capital cost allowance on that depreciable property. There may also be profit realized on the sale of the inventory. As such, asset sales tend to result in more taxes and less net proceeds going to the vendor.
Be advised, however, that a contract is only as good as its contracting parties. If one of the parties defaults on its responsibilities, the only practical recourse available to the other is to sue; a generally costly and unwelcome undertaking.
Buying shares means that the purchaser will be stuck with the depreciated cost in the company’s books of the depreciated asset irrespective of the value paid for the shares. If, however, the transaction proceeds by way of asset purchase, such deductions would be based on the purchase price allocated to the asset.
The second issue to consider in deciding what form the commercial transaction will take is the tax consequence to each of the parties. When individuals sell shares of a Canadian controlled private corporation, any gain on the sale is deemed a capital gain for income tax purposes and, hence, is only fifty (50) per cent taxable. Moreover, all individual taxpayers are allowed a tax-exempt lifetime maximum of $848,252 on this form of taxable gain. Thus, it is clear to see how vendors would prefer the share sale approach, particularly if they qualify for any or all of this $848,252 lifetime exemption. Conversely, if the transaction is structured as an asset sale, there will be two levels of taxation that attach to the vendor:
Generally, buyers prefer asset purchases and vendors prefer selling shares. The balance is reached through negotiation and careful drafting. So be careful and find the right lawyer to help you navigate through these dangerous waters. It should be noted that this article only touches on but a few of the issues inherent in the asset versus share sale discussion. For a thorough understanding on the intricacies of either form of transaction, we recommend you seek the professional advice of a lawyer and accountant to ensure that the transaction you seek is structured to maximize your interests.
(i) firstly, when the corporation sells its assets; and, (ii) secondly, when the corporation distributes the proceeds to its shareholders. Prior to the shareholder distribution, there is also typically some amount of ordinary income taxable in the hands of the corporation. Specifically, where
Jayson Schwarz LL.M is a Toronto real estate lawyer and partner in the law firm Schwarz Law LLP.
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
SECTION COVERING: Lindsay Peterborough Port Hope Bowmanville
Cobourg Trenton Belleville Kingston Northeastern Ontario
For advertising
contact Doreen Wills Tel: 1-800-268-0077 or 905-570-9283
doreen.wills@ypnexthome.ca thecommercialinvestor@ypnexthome.ca
EASTERN ONTARIO
EASTERN ONTARIO
Your NextHome is waiting. Find the perfect new home or condo in the neighbourhood that fits your lifestyle.
Volume 18 Issue 08
39
Commercial Real Estate & Business Opportunities
Ottawa voted as the top city to invest. Contact us if you are looking to grow your portfolio or liquidate your assets!
R
FO
E
D OL
R
S
Arnprior, ON
FO
L SA
Ottawa, ON
• •
Fully occupied 13,600 retail & service plaza • 42,000 sq. ft. site • Parking for 70 vehicles John Hughes at ext 400 john@synercapital.ca
• •
Ottawa, ON
Residential apartment with 36 units Neighborhood of Lowertown, next to the Byward market and near dowtown core.
5 townhouses Brand new construction Close to LRT Includes tarion warranty Kwesi Bourne at ext 410 kwesi@synercapital.ca
synercapital.ca
Synercapital Investment Realty. Brokerage. 1376 Bank Street, Suite 500. Ottawa, Ontario K1H 7Y3
Jack Huitema
• • • •
11322390_3118
E
L SA
613.860.3500
220 Broad Street East, Dunnville, ON N1A 1G2
Broker of Record
905-774-7624
Each Office Is Independently Owned & Operated
Eastern Ontario
DUNNVILLE – 115 ACRE LAKEFRONT FARM – ANNUAL REVENUE FROM WIND TURBINE
3118_DJW_0006
3118_DJW_0007
3118_DJW_0008
5 bdrm, 3 Storey Triple-brick century home with lake views. Separate garage and drive shed. Owned right of way for lake access. 95 acres leased. Wind turbine lease with 16 yrs remaining. Call Jack for details.
ST WILLIAMS - 5 BDRM HANDYMAN SPECIAL Large eat-in kitchen. City water. Bring your own finishing touches. $249,900. Call Jack. 3118_DJW_0014
www.coldwellbanker.ca
11279879_3118
Please say you saw it in The Commercial Investor
NIAGARA
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
NIAGARA SECTION COVERING: Niagara Falls Niagara-on-the-Lake St. Catharines Thorold
Welland Fort Erie Beamsville Fonthill Port Colborne
For advertising
contact Doreen Wills Tel: 1-800-268-0077 or 905-570-9283
doreen.wills@ypnexthome.ca thecommercialinvestor@ypnexthome.ca
Volume 18 Issue 08
41
Commercial Real Estate & Business Opportunities
Larry “BILKO” Bilkszto Sales Representative Since 1989
Garden City Realty Inc., Brokerage Independently Owned and Operated
www.bilko.ca • bilko@rgcmail.com
8494906_3118
905-641-1110 • 905-562-3000 • Toll Free 1-866-575-9400
87.5 acres in the niagara peninsula with approx 60 acres of arable land. Presently leased out to a cash cropper. Great quiet country estate building lot for that living you've always dreamed of. Super investment with many possibilities. Call us today for country property! $679,800
52+ acres just outside of the present st. Catharines urban boundary. In the past it was a productive vineyard that took the government pullout program, presently planted to cash crop build your estate dream home here. Minutes to the qew, hospital, all amenities and the niagara wine route. $2,200,000
Almost 7 acres in Lincoln. Close to all amenities, QEW and a walk to lake Ontario. Value in the agricultural land with 2 existying poultry barns making great storage facilities, raising rabbits, birds, even medical marijuana, etc. Build your dream home and run your agri business from here! $699,800
SPECIALIZING IN FARMS, LAND, VINEYARDS, GREENHOUSES, COUNTRY ESTATES & RESIDENTIAL HOMES THROUGHOUT THE NIAGARA REGION
Sales Representative
905-531-4147 • 905-512-2283
3118_DJW_0028
OPPORTUNITY AWAITS
www.poirierrealtygroup.com
2718_DJW_0010
AMAZING INVESTMENT OPPORTUNITY
1918_DJW_0032
AMAZING OPPORTUNITY TO PURCHASE IN THIS RAPIDLY GROWING AREA OF HAMILTON!
1/2 Acres site offers great potential for Rare find one of the few remaining buildTo own a well established business development located across the street from able lots on St. Paul Street. This property location on up and coming Saint Paul “The Center on Barton”. Excellent exposure to is located in well established down town Street in St. Catharines. Two large store public with 3 road frontage and easy access core, with two road frontages allowing for fronts with apartments above offer a steady from major highways. City grants and programs many possibilities. Prime location with 49’ source of income potential. Great curb are available for development. Public transit of frontage offers public transit and easy appeal in a busy downtown area that offers with the LTR planned to stop not far up the highway access. Land assembly available public transit and easy highway access. street. Great opportunity to lease large to with westerly property. AVAILABLE FOR SALE OR LEASE small square footage in east end of Hamilton. $399,000 Sale price is $1,399,000 $2,800,000.00 or leases starting as low as & lease price is $8.00/sq.ft. 2.00/sqft. For sale or lease call for details!! 11322268_3118
Please say you saw it in The Commercial Investor
Niagara Peninsula
Broker
42
Volume 18 Issue 08
Commercial Real Estate & Business Opportunities
9866060_3118
244 KILLALY STREET, PORT COLBORNE OFFERED AT $12.00 PSF N/N/N $6.72 TMI
4 NIHAN DRIVE, UNIT 3, ST. CATHARINES OFFERED AT $9.90 PSF N/N/N $3.00 TMI
443 EASTCHESTER AVE., ST. CATHARINES OFFERED AT $10.00 PSF N/N/N $5.25 TMI
S
VE
I NT
+/-2,260 sq. ft. unit in well maintained mixed use complex in central north sector of City. Desirable area near Scott/Lake Street intersection with quick and easy access to the Q.E.W. approx. 80% office/showroom, balance warehouse. First and last months deposit required.
1882 NIAGARA STONE ROAD, NIAGARA ON THE LAKE OFFERED AT $19.00 PSF/N/N/N
3118_DJW_0019
3118_DJW_0017
Various units for lease in Portal Village Plaza. High traffic location on the corner of Steele & Killaly Street, Port Colborne. Clean professional plaza with ample on site parking. Great location for retail/office/medical or service user. Fully air conditioned. Portal Village Plaza is 25 minutes to the U.S. border and surrounded by residential neighbourhoods.
3118_DJW_0018
CE
IN
This 1,950 sq. ft. unit is situated in The Elmwood Design Centre in St. Catharines. Nice clean space with quality finishes. Walk through the other complimentary users. Ample on site parking.
131 DIEPPE ROAD, ST. CATHARINES OFFERED AT $10.00 PSF N/N/N $4.00 TMI
IL TA NT RE ME W OP NE EL V DE
3118_DJW_0016
3118_DJW_0020
W RE QE SU O P EX
+/-1,500 sq. ft. to +/-4,500 sq. ft. retail unit. Can be demised. Ideal location on a major thoroughfare (Hwy. #55) in the town of Niagara-on-the-Lake. Leaseholds negotiable. Many permitted uses under zoning. DRIVE THRU POTENTIAL. Current tenants include Simpson’s Pharmacy, Professional Medical Clinic & Family Health Team. Ample on-site parking. Garden terrace. TMI (est. $8.00 psf) to be verified. Utilites extra.
432 NIAGARA ST., #2A, ST. CATHARINES OFFERED AT $12.00 PSF N/N/N $9.00 TMI
630 MAIN ST., E, HAMILTON OFFERED AT $10.00 PSF N/N/N $3.50 TMI
New facade to be completed spring 2019. Industrial space with excellent highway exposure. 10,000 To 25,000 sq ft available. 1 Storey brick building with large front display windows. 600V. 14Ft ceiling height. 2 Loading docks & drive through door. Situated on north service rd near Welland Ave. Ample on site parking & fenced lot.
2065 ALLANPORT ROAD, THOROLD OFFERED AT $2,000.00 PER MONTH
+/-1,289 sf office space available in a high traffic location near the corner of Scott & Niagara Streets. Large open office area, small storage closet and washroom. Rear unit. On bus route and close proximity to most amenities. Quick & easy access to the Q.E.W. First and last months rent as deposit.
Professional office building with high end rentals above. Very clean. Available immediately. LTR route. New 2 way traffic coming soon. Common area bathrooms. Utilities extra. Fully renovated, just needs your colours. Plenty of on site parking.
Please say you saw it in The Commercial Investor
3118_DJW_0023
3118_DJW_0022
3118_DJW_0021
Niagara Peninsula
NG KI DED R PA CLU IN
+/- 1,900 sq. ft. industrial space available. 3 bay shop with 2 pc. washroom. 1 down draft paint booth, very clean concrete & external pad, fenced compound. Compressors included. Hydro & Gas, tenant pays their own proportionate share. Compressor & Paint Booth maintenance is Tenant’s responsibility.
Volume 18 Issue 08
43
Commercial Real Estate & Business Opportunities
Colliers International Niagara Ltd., Real Estate Brokerage 82 Lake Street, Suite 200, St. Catharines, ON L2R 5X4 www.collierscanada.com 905-354-7413 4838 DORCHESTER RD., UNIT 100, NIAGARA FALLS
2318_DJW_0007
340A LAKESHORE ROAD, ST. CATHARINES
2718_DJW_0013
47 FRONT STREET, SOUTH, THOROLD, ON
12212 LAKESHORE ROAD, WAINFLEET
2015 ALLANPORT ROAD, THOROLD
3118_DJW_0024
+/- 7,233 sq. ft. unit available in high traffic location near the SE corner of Dorchester Rd. & Morrison St., across from Zehrs/Home Depot/Dollarama Plaza. Good tenant mix. Most amenities in immediate area. OFFERED AT $16.00 psf n/n/n Contact Michael Halliday, Sales Representative mike.halliday@colliers.com
0718_DJW_0004
Industrial property on +/- 17 acres, available for sale and/or lease, $6.00 psf. Property contains 3 separate Shop Bays; New 1700 amp electrical system installed (heavy power). OFFERED AT $7,900,000. Or $6.00 psf Contact Ralph Roselli, Sales Representative ralph.roselli@colliers.com
2318_DJW_0008
Rare opportunity available on Lundy’s Lane. This +/-3,600 sq. ft. building has 40 ft. of frontage on Lundy’s Lane. Prime space next to McDonald’s. Very high traffic counts - 20,100 vehicles per day . Many permitted uses including fast food. OFFERED AT $20.00 psf n/n/n Contact Taylor Wilson, Broker of Record taylor.wilson@colliers.com Contact Bryan Saelens, Sales Representative bryan.saelens@colliers.com
81 – 85 ONTARIO STREET, ST. CATHARINES
MOUNTAIN RD. AND ST. PAUL AVE
BERTIE STREET AND QEW, FORT ERIE
Excellent investment property. Many permitted uses including: Apartment Building, Hotel, Long Term Care Facility and Office or Retail Development. Preliminary plans for a Long Term Care Facility with 110 units available. OFFERED AT $2,850,000. Contact Gregory Chew, Sales Representative greg.chew@colliers.com
BROKERAGE APPRAISALS MANAGEMENT
1118_DJW_0044
+/- 30.13 Acres of Dry Industrial Land for sale, including a +/- 4,000 sq. ft. , 2 storey house. Can be developed as an industrial site or as presently used, a cash crop. Many permitted uses with a 24’ X 60’ block barn and a wood barn. Side by side homes with separate entrances. Main house has 100 amp service, second home has 200 amp service. Offered at $2,499,000.00 Contact Ralph Roselli, Sales Representative ralph.roselli@colliers.com
0718_DJW_0028
Located on the shore of Lake Erie at Long Beach. Large outdoor patio, dine in restaurant and bar area, large main level dance floor and concert area, plus lower level. Heavy summer tourist area. Many other possibilities at this resort area. OFFERED AT $399,900.00 Contact Bryan Saelens, Sales Representative bryan.saelens@colliers.com
1918_DJW_0008
This historic building was considered one of the most beautiful buildings in town. Main floor retail/office space with upper rental income potential and many possibilities to be a part of the revitalized charm of downtown Thorold. OFFERED AT $369,900. Contact Michael Halliday, Sales Representative mike.halliday@colliers.com
Excellent location between Niagara Falls and Niagara-on-the-Lake on main thoroughfare between the two cities. 10 minutes to Casino Niagara, the Horseshoe Falls and the Rainbow Bridge US border. 16 minutes to downtown St. Catharines. 3 minutes to the QEW, 4 minute drive to most amenities on Portage Rd. Zoning approved for 6 story condo building. Beautiful view overlooking the Eagle Valley Golf Club. OFFERED AT $1,750,000.00 Contact Gregory Chew, Sales Representative greg.chew@colliers.com
+/-112.56 acres. Vacant land. Excellent Q.E.W. exposure with +/-3000 ft. frontage. New $28 Million Dollar City water and sewer have been completed to service the site and further developments. Site is adjacent to the Historic Fort Erie Race Track and 2 minutes to the U.S.A. (Buffalo, NY). Adjacent parcels also For Sale. Offered at $5,965,680.00 Contact Gregory Chew, Sales Representative greg.chew@colliers.com
Accelerating success. Global leadership in real estate solutions.
“Information contained herein has been obtained from the owners or from other sources deemed reliable. We have no reason to doubt its accuracy but regret we cannot guarantee it. All properties subject to change without notice.”
Please say you saw it in The Commercial Investor
11306014_3118
Niagara Peninsula
4717_DJW_0022
6360 LUNDY’S LANE, NIAGARA FALLS
Mortgage Intel
Affordability hurdles and how to overcome them By Alyssa Furtado
O
ver the last several years, it’s become harder and harder to afford a mortgage in Canada. Housing prices have gone up substantially in major markets. And even in places where real estate has begun to cool off, prices are still more than double what they were 10 years ago. To address the massive run-up in prices, governments took steps to protect against a crash. Among the measures were several waves of new rules that made it harder to qualify for a mortgage. The theory is that those who do qualify would have wiggle room in their budgets for when interest rates started going up. These protective measures may be for the greater good, but for homebuyers in Canada, it’s never been harder to afford a mortgage. Fortunately, it’s not an impossible task and there are ways to overcome some of the biggest hurdles to affording a mortgage. MORTGAGE AFFORDABILITY: THE MAGIC FORMULA To determine whether you can afford, or qualify for a mortgage, lenders use a simple formula called your debt service ratio. Your debt service ratio is your income divided by all of your housing costs. The total cost of your mortgage (principal and interest), property tax, heating and 50 per cent of condo fees can be no more than 39 per cent of your pre-tax income. This is known as your gross debt service ratio. A separate calculation, your total debt service ratio, adds your other debts like credit cards and car loans to the equation. Your housing costs plus all other debt can be no more than 44 per cent of your income. These formulae contain the biggest hurdles Canadians have when it comes to affording a mortgage. Let’s look at a key one:
INCOME Your mortgage affordability is a percentage of your income, so making more money should equal approval for a bigger mortgage. But if making more money were easy, we all would have done it by now. Assuming you can’t go to your boss and demand a massive raise, there are two ways to increase your income: taking on a side hustle or becoming a landlord. A side hustle is a part-time gig you do in addition to your normal job. You could work retail on weekends, start freelancing, or start a business. Self-employment income is harder to get credit for on a mortgage application than full-time work, but it may help your case. The other option is to look for a property with a second unit you can rent out. If the second unit is already tenanted when you buy the home, you can usually count half the rent as income for your mortgage application. There are lots of extra rules when you’re using rental income to qualify for a mortgage, so make sure your realtor and mortgage broker are on the same page about your expectations. Alyssa Furtado is founder and CEO of RateHub.ca, a website that compares mortgage rates, credit cards, highinterest savings accounts, chequing accounts, and insurance with the goal to empower Canadians to search smarter and save money.
trending
Canada’s residential market recovers, recreational properties surge Aging population sees retirees driving recreational market in popular leisure locations
A
recent survey of RE/MAX brokers and agents found recreational properties are experiencing a surge in pricing, with 78 per cent of regions surveyed showing a higher median price in 2018 compared to 2017. The survey showed 91 per cent of popular Canadian recreational markets are being driven by retirees, and retirees as a population are also driving up prices. Compared to 2018, the median price of recreational properties, including waterfront, non-waterfront, water access and ski-in properties, has increased by 13 per cent
across Canada. Median price information was calculated for the periods of July 2016 to June 2017, and July 2017 to June 2018. “Compared to 2017, when only 55 per cent of regions surveyed had retirees driving the market, this year’s 91 per cent are having a much bigger impact,” says Christopher Alexander, executive vice-president and regional director, RE/MAX INTEGRA Ontario-Atlantic Canada Region. “Combined with the fact that Canada’s senior population is the largest it has ever been, and many of these retirees are using recreational properties as retirement properties, pricing has increased across the majority of markets.” Meanwhile, Ontario saw an overall price increase of 15 per cent, with the median price in areas like Haliburton’s waterfront properties increasing by as much as 98 per cent. The same rings true for its water-access properties, with the median price increasing by 71 per cent. The median price of waterfront communities in the French River also showed strong growth of 36 per cent. RE/MAX brokers foresee current trends continuing into 2019. In Ontario, brokers see both retirees and younger buyers driving demand in the next few years.
BUSINESS INVESTORS
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
BUSINESS INVESTORS
The perfect place to list all of your businesses opportunities
For advertising
contact Doreen Wills Tel: 1-800-268-0077 or 905-570-9283
doreen.wills@ypnexthome.ca thecommercialinvestor@ypnexthome.ca
Your Real Estate & Mortgage Investment Specialists 1.888.330.3866
info@profunds.ca
www.profunds.ca
The Pro Fund’s Client Experience: Flipping Properties with Zero Down Pro Funds Mortgages is happy to announce a new article series, The Pro Funds’ Client Experience. These articles will feature a variety of clients sharing their knowledge and experience in dealing with Pro Funds to accomplish their real estate focused endeavours. Here is Andrew Hines, a Mortgage Agent and borrower with Pro Funds who shares how he has utilized private funding to acquire and build and income property. Rewind to May 1st 2015. Closing day. It was finally coming together. The results of 2 months of planning, due diligence and a whole lot of waiting were finally paying off. And I mean literally, my lawyer actually called me to let me know that I was getting a cheque for $73 upon closing of my purchase of a beat up old rental. Wow, just when I thought buying real estate couldn’t be any more rewarding. The deal looks something like this: I buy a property with zero down, receive funds which are held in trust to pay for my renovations and expenses, and then I sell the property and get paid. Not a bad deal…? “How is this possible”, you might ask? Well real estate is a business. And like any good business, flipping requires a good business plan. From the beginning I made sure that I knew my numbers. When I found the property, I knew what it was worth, I knew what it could be worth and I knew what I would have to put into it to get that value. So what did I do? With the help of Pro Funds, I found a few private lenders to lend me the entire purchase price and renovation cost, in addition to my interest payments for the 6-month period I allotted myself to do the work.
9649286_3118
Copyright © 2016 Pro Funds Mortgages | 3410 South Service Road Suite G5 Burlington, Ontario L7N 3T2 Please say you saw it in The Commercial Investor
Business Investor
As anyone thinking about flipping a property knows… you don’t get paid until you sell. So paying things like mortgage payments and property taxes during the process can become a burden. For me, being able to borrow the money to cover those items made it that much easier to get through the process and prevent any new grey hairs from forming just above the sideburns. There was some heavy lifting along the way and a few not-so-helpful contractors… But I think the memory of taking a chimney down piece-by-piece using a sledge hammer will always stick with me. That was fun.
Your Real Estate & Mortgage Investment Specialists 1.888.330.3866
info@profunds.ca
www.profunds.ca
So how can you structure your very own “zero down flip”? 1. Know your numbers - See a lot of properties, find out what they are selling for, both before and after the proposed renovations, and build yourself a buffer of 20% over and above what you think it will cost. Talk to contractors, get estimates and be ready to play hardball if needed. 2. Back it up – Start the process with comparable sales (your realtor can help with this) this is how you’re going to convince your lender that you can actually get the property sold for what you think you can sell it for at the end of the day. If they’re going to lend you money they need to know you have an “exit strategy”. Be sure that you’re very clear on what yours is. Good mortgage brokers will require an appraisal because they have an interest in making sure everyone is protected. You should expect to provide an appraisal for the property “as is” and “upon completion” of the proposed renovations. 3. Work with a broker that focuses on creative financing – I’ve worked for, and used Pro Funds Mortgages for financing for 5 years now. Knowing I can get real estate financed has allowed me to be a lot more aggressive with my real estate acquisitions. 4. Be willing to give up other collateral – my portfolio is an open book when it comes to getting new money. I put up one of my other properties to avoid putting any money down on this deal and I would do it again in a heartbeat. The ease and speed of operating this way allows me to do more than I ever could with a bank. If you’re thinking about doing a flip of your own or are wondering how you can leverage your existing properties to purchase a property with little or zero down, contact Pro Funds Mortgages at 1-888-330-3866 or info@profunds.ca
Carmen Campagnaro President Pro Funds Mortgages
Business Investor
11289457_3118
Copyright © 2016 Pro Funds Mortgages | 3410 South Service Road Suite G5 Burlington, Ontario L7N 3T2 Please say you saw it in The Commercial Investor
H
A
M
I
L
T
O
N
Mazhar Roshan Sales Representative
Direct GTA Direct
BROKERAGE
I have qualified buyers for up to $5M in commercial and investment buyers. Call for details.
Office
mazharroshan@sympatico.ca
UNDER POWER OF SALE – 3 PROPERTIES 5 BUSINESS – 1 DEAL Property consists of 21 Room Motel, 10 Room motel, Restaurant, Convenience Store, Gas Station, & 2 Bay Garage. Located on busy Hwy 17. 12 hours from the GTA. Property Sold As Is. Currently non functional. For more information contact Mazhar Roshan at 905 929 9800. 1918_DJW_0010
1918_DJW_0011
DEVELOPMENT OPPORTUNITIES Ancaster village mixed use development property (75x130) lot. 3 Storey 9000 sq. ft. Building permit issued with 5000 sq. ft. Basement + 12 parking. Currently home is not livable, no power. All permits, drawings, plans available to the qualified buyer. 2718_DJW_0026 UPPER WENTWORTH - HAMILTON
MOHAWK RD. – HAMILTON
Great investment opportunity. High traffic central mountain location approx. 2,800 sq.ft. two units one dentist, the other catering business. Many updates including exterior stucco, newer a/c, furnace. For viewing and details call lbo. Do not go direct. 48 hrs notice for showings. Showing between 9-5, Monday-Friday only. No weekend showings. $699,900
Hamilton mountain great location. Busy convenience store w/sales of approx $9000 per week (lottery not included). Extra rev, lottery income of approx $2500/mo. ATM 500, break open 200. Close to family restaurant and drug store. Clean, renovated, improved business w/lg number of regular customers. Low rent $3000 p/m and low overheads, long lease, good for family operation. For more details call LBO. Please do not go direct.
2318_DJW_0029
1918_DJW_0009
HAMILTON MOUNTAIN
Central mountain location, long established conv store. Doing over 6000 per week. Lotto income is $4000 per month, ATM $350. Low rent ($2538) p.m., long lease. Good for family operation. Do not go direct. Call LBO for more details. One partner is R.R.A. $69,900 2318_DJW_0028
RETAIL STONEY CREEK MOUNTAIN
Located in highly growing neighbourhood on Stoney Creek Mountain next to new Walmart & Financial Institutes, in a plaza with 3310 sq ft retail space available (can be divided). Other tenants include drive thru Tim Hortons, Esso Gas Station, Avondale, Gino Pizza & many more.TMI is estimated 1917_DJW_1_0024 10.00 PSF, immediate possession avail.
53 ACRES OF LAND
18 ACRES OF LAND
LAND FOR SALE
Off exit # 21 QEW minutes away from new proposed hospital. Good for future development or investment. Land has 1800 ft frontage on QEW. 2400 ft on Marshall Road and 1200 ft on Willodell Road. Currently leased to a farmer. For more details call Mazhar Roshan. 1518_DJW_0026
Across from new proposed Hospital in Niagara Falls off exit # 21 of QEW Land has 1900 ft frontage Great potential for future development. Call Mazhar Roshan for more details 1518_DJW_0027
Country in the city. Minutes from Ancaster Fairgrounds. 7.75 Acres of land on Wilson, build your dream home on this lot facing onto two streets. Nice investment for future development. Corner of Colborne – 658 ft frontage & White Swan Rd. 936 Ft frontage call lbo for more details. Buyer or his agent to do due diligence for future development 1518_DJW_0028
UNIQUE BUSINESS OPPORTUNITY ON BUSY UPPER JAMES
DOLLAR STORE - $79,900
FOR LEASE
d l o s
8148414_3118
905.929.9800 647.609.9463 905.574.6400
HomeLife Professionals Realty Inc.
d l o s
Fully updated Commercial/Residential Building With 5 offices and 1 Bedroom Apartment on lower level Available for Lease or For Sale. Call Mazhar for more details 1518_DJW_0039
Well established Dollar Store doing $7000 per week in sales and growing gradually. Lotto and Tobacco products just added. Good for family operation. Long lease and reasonable rent. 1917_DJW_1_0056
Very busy location close to QEW, Home Depot & all other commercial businesses. 400 sq. ft. retail space available. Good for office, storefront or any kind of business. TMI is roughly $8 PSF. Call LBO for viewing or more details.
11G COM
businesssavvy
Apartments remain crowd favourite as commercial investors search for yield Canadian economic outlook and market fundamentals Q2 2018 update
T
he overall pace of Canadian commercial real estate transactions slowed in the second quarter of 2018, but the dip in volume had nothing to do with a demand for assets, according to the latest research report issued by Morguard Corp.
12G COM
“A drop in transaction volume in the second quarter is very much a function of low product availability rather than a drop in demand,” says Keith Reading, director of Research at Morguard.“With quality office and industrial space at a premium, apartments are a crowd favourite as investors search for yield.” ON THE ECONOMIC FRONT The Bank of Canada did the expected and raised its target overnight rate by 25 bps on July 11, against a backdrop of increased risk. The rationale for the continued monetary policy tightening was largely an expected pickup in Canadian economic activity through the balance of 2018 after a relatively sluggish first quarter. Increased risk was related directly to the recent waiving of Canada’s exemption from U.S. steel and aluminum tariffs, which was tied to
ongoing North American Free Trade Agreement negotiations. In addition, concerns related to the slowdown in the national housing market and consumer spending were also sources of additional uncertainty with regard to the economic outlook. Despite these concerns, the BofC did as expected and raised its target overnight rate shortly after the end of the second quarter. TRANSACTION PACE SLOWED BUT DEMAND STILL HEALTHY The sale of Canadian income-producing investment properties slowed during the second quarter despite stable and healthy demand characteristics. An analysis of sales in the Greater Toronto, Calgary and Vancouver markets showed a transaction volume dip of 23.3 per cent year-over-year …continued on page 14
13G COM
…continued from page 13
when comparing total sales of office, retail, industrial and multi-suite residential properties combined for the first halves of 2017 and 2018, respectively. The sharpest decline was in the office sector where volume dropped by 48.7 per cent, followed by industrial, where activity plunged 17.8 per cent. Conversely, multi-suite residential sales increased 17.5 per cent and retail edged 1.1 per cent higher. During the same period, the total sales count for all sectors fell by 30.2 per cent. Reductions in the number of sales was recorded in each of the sectors analyzed, with office and industrial once again posting the sharpest declines. As in the past few years, transaction activity was a function of product availability rather than a change in demand patterns during the second quarter. A range of public and private groups continued to allocate funds to the Canadian property sector. Rental growth in the office and industrial markets continued to capture the attention of investors, resulting in modest upward pressure on value. Demand for retail properties was also nominally positive, despite industry headwinds. In short, the investment market remained liquid in the second quarter even though transaction closing volume slowed. LEASING MARKET TIGHTNESS HAMPERED PROGRESS National office leasing market progress was hampered by tightness in several downtown submarkets during the second quarter. The tightest markets were Vancouver, Toronto and Montreal and to a lesser extent Ottawa, where tenant options were limited. During the second quarter, the national downtown vacancy rate rested at 10.7 per cent, with rates of 4.7 per cent, 2.9 per cent and 8.7 per cent in the Vancouver, Toronto and Ottawa markets, respectively. Vacant space was scarcer for the Class A segments of these markets. The national class A downtown vacancy average was unchanged quarter-over-quarter holding at 9.1 per cent, but was down 80 bps year-over-year. The downtown supply shortfall limited options for tenants in the market for the highest quality of space in which to expand. The technology, shared workspace and government sectors remained the key drivers of growth, having accounted for much of the office progress of the past few years. The recent slowdown of new construction in the office sector was also a factor in the lack of space options. As conditions tightened in several markets over the past year, upward pressure on downtown rents intensified. Toronto and Vancouver have seen downtown rents steadily increase during the past 12 to 18 months. Against this backdrop of rising rents, low vacancy levels have hampered leasing market growth. FUNCTIONAL SPACE IN SHORT SUPPLY IN SEVERAL MARKETS Landlords and tenants operated in an environment of cycle-low vacancy across much of the country’s industrial market during the second quarter. National availability stood at just 3.9 per cent as of the end of the first half of 2018, according to CBRE data. The rate was down 20 bps quarter-over-quarter and 70 bps year-over-year. Cycle-low 14G COM
The popularity of Canada’s multi-suite residential rental sector persisted during the second quarter. As a result, a healthy volume of transactions was completed in keeping with the trend of the past several years. vacancy supported a measure of imbalance in a number of markets. In Toronto, availability stood at just 2.2 per cent. Demand had outstripped supply for some time. Newly built speculative space was substantially pre-leased in most markets. This was not all that surprising since the volume of speculative development remained markedly lower than the long-term average. In several markets, like Montreal for instance, new development activity was mostly design builds for users that were unable to source suitable state-of-the-art space in the existing inventory. Generally, users were forced to make-do with their existing premises and faced higher rents upon renewal. On average, rents steadily rose across all market segments in Toronto. APARTMENTS WERE STILL A CROWD FAVOURITE The popularity of Canada’s multi-suite residential rental sector persisted during the second quarter. As a result, a healthy volume of transactions was completed in keeping with the trend of the past several years. Robust demand supported healthy closed transaction volume through the duration of the first half of 2018. During this period, using the Greater Toronto, Calgary and Vancouver markets as a national proxy, $935.2 million in multi-suite rental property was transacted. The total was up 17.5 per cent year-overyear. At the same time, a significantly higher year-over-year average sale price was also reported. An average sale price of $13 million was posted during the first six months of 2018 compared with $8.5 million during the same time period last year. The sector consistently quenched the investment thirst of investors during both time periods. The lure for most was the prospect of persistent rental growth, modest capital appreciation and the sector’s record of stable and healthy long-term performance. Positive investor sentiment was expected to persist for at least the near term. “Office and industrial tenants who are looking to expand or move to new premises are being forced to make do with what they have due to a lack of alternatives in the downtowns of certain metros,”says Reading.“Landlords of prime assets are enjoying record occupancy levels and steadily increasing rents as supply remains tight.”
trending
Research project measures impact of building design on well being being of communities and the environments they share. The result of the research is an open-ended and selfdetermined guide accessible for free with the invitation to share feedback and experiences to allow the CBoC and DIALOG to continue to explore the benefits of designing for community well being. “By having a framework upon which our industry can define and evaluate the built environment’s contributions to community well being, it empowers conversations toward a shared vision and actionable decision-making,” says Antonio Gómez-Palacio, principal at DIALOG. “Coordinating our approach in the design industry will support all members of a community – the public sector, the private sector and individual groups – in finding common ground, a shared vision and sense of purpose to design physical environments, first and foremost, in the interests of community well being that has tangible value.”
T
he Design firm DIALOG and The Conference Board of Canada (CBoC) last month released findings from a two-year collaborative research initiative on the relationship between the built environment and peoples’ well being. Called Community Well being: A Framework for Design Professions, the report is an evidenced-based methodology to help design and development professionals understand the impact of their project designs on community well being. The initiative was proposed in 2016 to the CBoC by DIALOG to more accurately align the firm’s project work with its mission to meaningfully improve the well
The Community Well being Framework is made up of five domains, 18 indicators, and 48 metrics. The domains – social, cultural, environmental, economic and political – form the structure of the Framework and represent the areas of life that can affect a community’s well being. The indicators are the aspects of each domain that determine the presence or absence of community well being. Each indicator is informed by a series of quantifiable and qualifiable metrics that are relevant across different scales and context. The Framework also provides business case application with demonstrable return on investment to design for community well being in workplace, academic, hospital, retail and residential settings. SOME QUESTIONS ASKED BY THE FRAMEWORK INCLUDE: • Do people feel welcome, safe and engaged, 24/7, regardless of background or physical ability? • Does the project have a positive impact on the functioning of local and global natural systems? • Does the project account for full life-cycle value and costs to the environment and community? • Do people feel included in their communities, connected to their social networks and engaged in civic and community life, regardless of their background? • Do decision-makers, stakeholders and the public at-large have opportunities to collaborate with the project team from the outset and throughout the life of the project? For more information, visit dialogdesign.ca/communitywellbeing.
15G COM
SPOTLIGHT SECTION INVESTMENT OPPORTUNITY IN DUNNVILLE! 106-108 LOCK STREET EAST
3118_DJW_0005
$675,000
Rare opportunity to own a multiresidential/commercial property. Offering 3 - 2 bedrm units, 3-1 bedroom units and a commercial office or retail unit. Separate utilities and 1 parking spot for each unit. Great investment with great income.
RICHARD SCHILSTRA Broker of Record, Dunnville, ON
(905) 774-4444
richard@riversiderealty.ca www.schilstrarealty.com
11323295_3118
What our clients are saying about us
“WE PRODUCE RESULTS”
Free CMA Evaluation with this cut out ad
LAND DEVELOPMENT / INVESTMENT / BUY & HOLD FUTURE
INCORPOR Full Cove
COMMER ONTARIO
18 Issue
ATING FRA NCH
rage Area
CAMBRIDGE,
2018, Volum e
Including
CIAL PRO
| 3,000
ISE AND BUSINE
Windsor,
PERTY FOR
SQ. FT. |
$799,000
SOLD
02
Hamilton
, Toronto,
SALE
| MLS#
SS OPP ORTUN
30611121
NEUSTADT
Niagara Falls
– RESIDENT
Sales Repres entativ
r Comm ercial
Peter Bennin e, P: 519-7 ger Realty, Lester-Tobi43-5211 Ext: Brokerage n@coldwell 3023 bankerpbr.c om
WINCORP
CONTACT: WINSTON DAVIE REALTY INC. REAL S, BROKER OF RECOR ESTATE BROKERAGE, TEL:
6-214-48 41 7
EMAIL:
5
Society of Real
ICIWorld.com
Search The
OFFICE BUIL
Estate Brok
ers Exclusive Rea Opportu l Estate nities For The Pub Daily Sea lic. rch. 4 Webinars Daily For Brok ers to Lear n
Click on Events
iciworld.mob i All Mobile Devices ICIWorld App
FREE SUB SCR
IPTION!
Get The Comm
ercial Inves
and Ottawa!
ON | $790 ,000
48 Lots, Approved Draft Plan “one of Subdivison In Canad tiest Little a’s PretNeustadt, Towns – including Ontario” 4 separa Lots facing te Forler Street(in RED) can be builtwhich immediately,on only 10 minutes South of ASKING Hanover. $790,000
Beautifully finished on high from basem traffic street ent to Hwy# 401. Currently with high expos attic (4 floors). ure, just Located turn-key minutes full spa. LESTER south of Coldwell TOBIN Banke E-mail:
ITIES
, Kingston
IAL SUBD IVISI
519-836-20
80 wjmdavies@ rogers.com
DING ON
0.36 ACRE
D GUELPH,
directly to
your door!
1917_DJW_4_0001
HALDIMAND COUNTY
$78,888 Only minutes walking to the water of beautiful Fort Erie. Lot zoned residential over an acre of land. This lot is priced to sell and it is in a location or anticipated future building lots. Call today and get your offer in! “Selling Distinctive Lifestyles “ “Building Lot” minutes from Lake Erie and Beach with breathtaking views of nature’s finest. MLS #H3205662.
ONTARIO
Beautifully 192 PLAINS ROAD EAST, on Plains maintained office BURLINGT Rd., Recep building, space on main floor, tion area, BoardrExcellent exposu ON Kitchen, Large rear 3 separate offices oom, Large openre with frontag e landscaped. parking on concept lot, Wheel 2nd floor, Finishe office chair access d basem Contact ent, ible, Profes Coldwe ll Banke sionally r Integri WILLIAM ty Real Email: wdejo Estate DEJONG Inc. ng@cbci.ca Broker | Phone: 289-291-50 HANEM or 68 Email: hham HAMOUD ouda@cbci.c A Sales Repres entative a | Phone : 416-4
tor delivered
THROUGH THE COMMERCIAL INVESTOR
stakteam@gmail.com
905-333-3500
S $1,750,000
14-9320
See inside
for details
(COM)
Mar 17,
FC_0718
Feb 17 -
Paul J. Szostak
Broker / F.R.I. / P.S.A. / S.R.S. / C.-C.R.E.C. / A.S.A. / A.B.R. / S.R.E.S.R.C.C. (Past Chair) / R.A.H.B. (Director 2011-12)
THE COMMERCIAL INVESTOR SPOTLIGHT
For information call 1.800.268.0077
C OMMERCIAL PROPERTIES • BUSINESS OPPORTUNITIES • FRANCHISE OPENINGS & MORE!
COMMERCIAL, REAL ESTATE & BUSINESS OPPORTUNITIES 10228647_3118
Bill Bradley
Sales Representative
Independently Owned & Operated
Unit 2, 1240 Speers Rd., Oakville ON 416.258.6866
FULLY LICENSED 40 ROOM RETIREMENT HOME
Well established and turnkey operated. Approx 1 hour from Oakville. Also very profitable business. Call Bill Bradley 416-258-6866
$2,900,000.
416.258.6866 exitwithbill@gmail.com RETIREMENT HOME Here is a lovely hotel made into a 111 suite Retirement Home on 11 floors in downtown Niagara Falls. Walking distance to the new casino and the Falls.
$13,800,000
APARTMENT BUILDINGS
FOR SALE (ALL SIZES) & PLAZAS
FROM $4,000,000 $14,000,000
49 ACRES OF COMMERCIAL PROPERTY FOR SALE - $550,000 AN ACRE (MILTON)
On the south west corner of Milton. We are told that a large University is planned for the area just across the road from the 49 acre property. Buy the property and double your money in 2 to 3 years’ time. At present the property in nice clear land.
LAND – $2,390,000.
FINISHED MALL $13,900,000. PLUS HST
PRIME 5.2 ACRES OF APPROVED COMMERCIAL LAND READY TO BUILD A 57,700 SQ. FT. PLAZA. PRICE $2,390,000. OR BUY A COMPLETELY FINISHED BUILT PLAZA ON THE 5.2 ACRES WITH 30 RETAIL STORES AND OFFICES PLUS 250 CUSTOMER PARKING ON A VERY BUSY MAIN ST. IN AN AREA WITH APPROX. 90,000 POPULATION AND GROWING.
SELLERS AND BUYERS WANTED 17G COM
11312437_3118
“WE PRODUCE RESULTS”
Paul J. Szostak
Free CMA Evaluation
Broker / F.R.I. / P.S.A. / S.R.S. / C.-C.R.E.C. / A.S.A. / A.B.R. / S.R.E.S.R.C.C. (Past Chair) / R.A.H.B. (Director 2011-12)
with this cut out ad
stakteam@gmail.com
LAND DEVELOPMENT / INVESTMENT / BUY & HOLD FUTURE
905-333-3500 1917_DJW_4_0001
1045 & 1049 MCDOWELL ROAD EAST., NORFOLK MLS # H4029395
1019 WILSON ST ANCASTER ER T N ST CA ME AN LOP ER E N V DE COR
1917_DJW_4_0001 S AS OLD KI NG OVE PR R IC E
• Property Taxes: $13,388.00 / 2017 • 2 DEEDS AND 2 ADJOINED PROPERTIES WITH EXCELLENT ZONING: CTN & RES. • PROPERTY AREA SIZE: 2.58 ACRES / 104.21’ FEET Frontage x 825.00’ FEET Depth • 2 Buildings Approx. 4200 +sq.ft combined and One 1 house 4 bdrm • Fixed Chattels: Hoist, Paint booth / HM, Security Camera System. • Asking $ 1,100,000.00 / Immediate Possession. • Location is in Simcoe and Norfolk County with Retail / Wholesale / Salvage / Parts / Repair. • Highway Exposure 1917_DJW_4_0001
BUY/HOLD INVESTMENT APPROX. 10% CAP RATE
SE E TO VIR UR TU PI AL CS
2
64
18
0 H4
S#
ML
$428,888 $2,995,000 Developers Delight. Value is in the land and location!!! High density corner location. Double driveway. Located in heart of business area in Ancaster/ Hamilton across from Smart Centre and future development site. Exclusive.
Multi use fully tenanted property with turn key operation. Seven units with separate meters. The 7th hydro meter is being installed. This amazing opportunity to generate approximately $52,000 net operating income! Roof replaced approx. 5 years ago. Parking available for up to 10 vehicles. Appraisal is available at a cost of : $2500.00 / AACI /2018 Value: $550,000.00 . Excl. 1917_DJW_4_0001
99 CLINTON STREET, HAMILTON
MLS # H4029376
Asking Price: SPECIAL $849,888.88 Industrial / Commercial property. Size of building: APPROX. 5000 SQ.FT. IRREG. Lot Size: 0.22 Acre 110’ feet Frontage x 100.00’feet Depth. Zoning: “K” Industrial / Commercial. Taxes $11,440.00. Exclusive Listing. 1917_DJW_4_0001 UNIT 317 - 1100 SOUTH SERVICE RD., STONEY CREEK E
IC
EW
PR
N
$368,888 $418,000 New listing. Investors delight. Executive office space with beautiful views of Lake Ontario. Approx. 1850 sq. ft. Call LBO to view. MLS #H4018728.
18G COM
415 #6 HWY S HAGERSVILLE
1917_DJW_4_0001
RM FA 88. EW 08,8 L! N A T CI $6 HO ICE SPE ” R 8 P 01 “2
“Buy and Hold Investment Opportunity” Fantastic agricultural property consisting of 30+ acres with two out buildings that can be used for multiple storage. Property has a possible severable lot, with possibility for commercial zoning as well. Home is being sold “AS IS”. MLS #H4018581. Vendor will consider V.T.B. mortgage.
#
Commercial Team In Canada! *
The PB Team Realty
**
+ **
** Sales Representative
www.PBcommercialteam.com
+ Broker of Record
MAIN/DANFORTH PRIME RETAIL/COMMERCIAL SPACE
REGISTER NOW FOR TORONTO’S ULTIMATE CONDOS BY THE TORONTO EXHIBITION!
Prime retail/commercial space available just steps from the Main subway! Great business opportunity! Busy Main/ Danforth intersection with heavy foot traffic. 1,800 sq. ft. with Main Street exposure! Excellent lease terms! Leaseholds and chattels available for sale for $60k, excluding company name, if purchased by June 1, 2018. $14.65/ sq. ft. gross + utilities. Call George 416-554-7653.
1918_DJW_0050
#1 Toronto Project! Brand new, glass and steel, modernisticstyle with curvilinear accents that cultivate an inviting presence! Prices start from $320,900 with studios to 2 bedrooms + dens, and a wide range of amenities. Call today! 1518_DJW_0029
WANTED APARTMENT BUILDINGS! Canadian Corporation looking to Buy ALL CASH Apartment Buildings in Ontario. • I have over 30 years experience of Commercial Real Estate and work only directly with the Buyer!! • Sellers of Rental Apartment Buildings get a Superb Cap Rate for your properties!! • Size of rental buildings from 60 units up to 600 units complex. • In the process of accumulating over $100,000,000.00 in Rental Apartment Buildings in all cash transactions. • Principals only or First Line Brokers will be considered with proof of Listings from Sellers of Rental Apartment Buildings. • Rental Apartment buildings with Environmental Issues will be considered for Purchase!! Please contact George Politis, Broker of Record / Owner Member of Canada Chapter of CCIM (Certified Commercial Investment Member) Office 905-887-9000 or Cell 416-554-7653 3118_DJW_0034
11276415_3118
•
www.PBcommercialteam.com | GPolitis@ThePBTeam.com 905-887-9000 • 416-735-2324 5071 Highway 7 East, Unit 5, Markham ON L3R 1N3
*Based on Re/Max International Commercial Commissions in 2014 1St Q.
19G COM
Private Funding Available! Let Us Be Your
Offering Mortgage Financing for Investors Canada Wide Contact us for your financing needs now! First Mortgages from 7% Annual Interest (oac)*
Quick Closings
Second Mortgages from 10% Annual Interest (oac)*
Open Terms
*on approved credit
Mortgage Brokers Welcome. We Are The Lender!
Visit www.profunds.ca for information! Pro Pro Funds Funds Mortgages Mortgages #12051 #12051 â&#x20AC;˘â&#x20AC;˘ 3410 3410 South South Service Service Rd. Rd. Suite Suite G5, G5, Burlington, Burlington, Ontario Ontario L7N L7N 3T2 3T2