Featuring: Commercial•Industrial•Franchise+Business Opportunities
FREE
January 30–February 27, 2021 Volume 21 | Issue 2
Full Coverage Area Including: London • Kitchener • Niagara Falls • Hamilton • Toronto • Ottawa
OAKVILLE, 1.12 ACRES 3rd Line and Speers Road
ONLINE NETWORKING CONTACTS FOR NEW BUYERS & SELLERS DAILY
INDUSTRIAL COMMERCIAL
ILS.REALESTATE
INVESTMENT
RESIDENTIAL
1494 Wallace Road • APPROX. 8890 SQ.FT., THIS BUILDING CURRENTLY CONTAINS TWO BANQUET FACILITIES. ZONING PERMITS VARIOUS USES. • SELLER WOULD CONSIDER REMAINING IN THE FRONT PORTION OF THE BUILDING ON A 5 YEAR LEASE BACK BASIS.
HAVES/WANTS BY EMAIL
ICIWORLD.GLOBAL
INSTALL THE ICIWORLD APP
Phone: 905.407.0392 Email: apiett@cbci.ca
385 Frederick Street, Unit 32 Kitchener, Ontario N2H 2P2
RECEIVE EXCLUSIVE
BUSINESSES
InformationListingService.RealEstate
Adam Piett, Sales Representative
519-885-8810
PLACE YOURS FREE
HomeLife Power Realty Inc., Brokerage* *Independently Owned and Operated
Sales Representative, Registered Nurse
SPECIALIZING IN ✓ Long Term Care ✓ Retirement Homes ✓ Community Homes for Opportunity (formerly HSC) ✓ Community Homelessness Prevention Initiative ✓ Group Homes ✓ Assisted Living 5-2 BEDROOMS 1-1 BEDROOM. 5 UNITS COMPLETELY RENOVATED IN 2020. COMING SOON IN BRANTFORD.
519-859-0133 rahim@realtyfirm.ca
www.rahimcharania.ca
JACOB CAMPAGNARO Sales Representative
905.599.3460 jacob@reccanada.com
THE REAL ESTATE CENTRE
FOR SALE AND LEASE
FOR SALE
FOR SALE
12 COLBORNE STREET ORILLIA, ON
2122 & 2118 OLD LAKESHORE ROAD BURLINGTON, ON
118 PEMBROKE STREET TORONTO, ON
• 7 -2 Bedroom suites & 11 – 1 Bedroom suites • All second-floor suites include balconies • Hydro separately metered • Additional revenue from parking • Coin operated laundry service • Steel roof, last inspected 2017 • Renovated main floor units, 2017 • New self-contained heating & air units 2017 • Newer windows, doors, balconies, railings 2017
• Zoning DL-C
• 40’ x 112’; total site area 3,950 sf. • 2 surface parking spaces to the rear of the building. • Separately metered hydro, heated with baseboard electric, no central air. • 2 1/2 storey detached 8-unit multiplex with 5,466 sf. • Stone/brick foundation, brick exterior and slanted roof with asphalt shingles. • Zoning - R (d1.0) (x865) • CMHC Mortgage must be assumed on closing. • 75% LTV, 35-year amortization at 1.9% interest. Monthly P&I payment are estimated to be $9,800.00
• Two separate properties side by side • 2122 has 13 parking spots, 6 of which are covered • 10 private offices • 4,866 SF • View of the lake • 2118 has 12 parking spots • Green Space • 2,209 SF
Contact For Info
Contact For Info
FOR SALE
FOR SALE
Contact For Info
FOR SALE
BUSINESS FOR SALE - CODE NINJA PORT CREDIT, ON
2640 RUTHERFORD ROAD CONCORD, ON
3359 DANFORTH SCARBOROUGH, ON
• Franchise Fee: $32,602. (Included in Price) • Licensed for 54 Kids • Royalties: 6% • Rent: $7,865 pm (includes TMI) • Square Footage: 3025 • Lease Term: 2025 + 5 Year options
• 15,985 +/- SqFT two storey medical office building • 4-year-old asset with no significant capital improvement expected in the immediate future • 100% occupied by eight strong medical tenants • Situated at the intersection of Melville Ave. and Rutherford Rd., between Jane St. and Keele St. • Average remaining lease term is 5.5 years • Tenants receiving a base rate increase in October 2020 • Located within 3km of the New Mackenzie Vaughan Hospital • Zoning - Commercial C5
• Boutique midrise development opportunity located on a prime stretch of danforth ave in Scarborough • 6-storey mixed use development comprising 19 apartment units with ground floor retail commercial • All reports completed (Esa I+Ii, Planning/Design, Survey, Hydro, Appraisals) • Public transit, shopping malls and grocery retail are complemented by lifestyle amenities including Scarborough Bluffs, Dentonia Park golf course and Danforth Village
Contact For Info
Contact For Info
Contact For Info
Visit recanada.com for more information 201–8 Sampson Mews, Toronto, ON, M3C 0H5 416.979.0333 Not intended to solicit those already under contract with another REALTOR®
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H
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Mazhar Roshan Sales Representative
905.929.9800 647.609.9463 905.574.6400
Direct GTA Direct Office
mazharroshan@sympatico.ca 18 ACRES OF LAND
HomeLife Professionals Realty Inc.
BROKERAGE
I have qualified buyers for up to $5M in commercial and investment buyers. Call for details.
BURLINGTON FOR LEASE
Across from new proposed Hospital in Niagara Falls off exit #21 of QEW. Land has 1,900 Ft. frontage. Great potential for future development. Call Mazhar Roshan for more details.
2000 Sq. Ft. on lower level for storage.
53 ACRES OF LAND Off exit # 21 QEW minutes away from new proposed hospital. Good for future development or investment. Land has 1,800 Ft. frontage on QEW. 2,400 ft on Marshall Road and 1,200 Ft. on Willodell Road. Currently leased to a farmer. For more details call Mazhar Roshan.
WELL ESTABLISHED HIGH VOLUME CANADA POST FRANCHISE BUSINESS AVAILABLE FOR SALE
M
OT
R J IV ED UST AT UC ED ED SE LL ER
!
For more inquiries please call Mazhar Roshan at 905 929 9800
HAMILTON
448 #8 HIGHWAY
Long established variety and laundromat business. Store sale $22,000 per month. Lottery income $3,600 per month. Nevada $300 atm $300 per month. Laundromat income $9000/mth. 20 Washer and 15 dryers (few newer) alterations and dry cleaning drop off. Very reasonable rent. Long lease. Do not go direct please call lbo for more details
RESTAURANT 556 UPPER WENTWORTH STREET Central Mountain desirable location. close to all amenities, shopping, schools, and on bus route. Long established catering takeout business with set up of commercial kitchen with 16 ft hood walk in cooler, ovens, stoves, burners, deep fryers and much much more. Good for hands on owner or business minded entrepreneur. Current owner is retiring. Price includes all chattels, fixtures, and equipment. Cheaper than setting a new facililty of that kind. Gross lease low rent. For more detalilns call LBO. Actual Street address is 460 Brucedale.
Long established automotive repair shop. owner retiring, long lease rent $3,500 including TMI, 4 bay. 3 hoist, 1 pit. Very busy auto repair shop doing over $20k sales per month. good for a mechanic owner or manager. Fully equipped. All mechanical fixtures, etc. included. For more details and viewing call LBO.
3
UNITS AVAILABLE: • Pad 1: Leased to Browns Social Group • Pad 2: 6,600 sq. ft. at $40.00/sq. ft. (Drive-thru) • Inline: Up to 9,505 sq. ft. at $25.00/sq. ft.
4
Derek Green
RE/MAX Eastern Realty Inc, Brokerage
Sales Representative
1.800.567.4546
91 George Street North, Second Floor, PO Box 2409 Peterborough, Ontario, K9J 7Y8
Derek.Green@Remax.net
Tel: 1.705.743.9111
Fax: 1.705.743.1034 • Port Perry’s most recognized building landmark and downtown’s retail anchor, now 15-20 min away from expanded 407/412 and only 65 km from DVP/401 • Extreme visibility directly across from Post Office and nestled between three major banks, a pharmacy, and public library • Stable, long-term retail income occupied by quality, thriving tenants • Residential income from 11 upper apartment suites, some with lake views • Significant upside potential through market leasing and/or build-out/ redevelopment of underutilized space. • Can be purchased together with 33 Colborne Street, Fenelon Falls • Full information package available
EXCLUSIVE LISTING
179-191 Queen Street, Port Perry SITE: 0.39 Acres RETAIL: 12,000 SF + RESIDENTIAL: 11 suites
33 Colborne Street, FENELoN FaLLS
• Great investment/income property in the heard of beautiful Fenelon Falls • 3 rental apartments and 2 commercial/retail units. • High traffic, high visibility location just steps away from one of the busiest locks in the Trent Severn Waterway. • Can be purchased together with 179-191 Queen Street, Port Perry
SITE: 25 x 114 RETAIL: 2,000 sf RESIDENTIAL: 3 suites MLS
v
310-316 ERB ST W, WATERLOO
$3,200,000
2583 SANDHILLS RD, BADEN
D L O
CALL RYAN BRIGGS
0.74 acre development lot near Uptown Waterloo. Proposed 93 unit 6 storey residential apartment building. On public transit route and close to LRT. Architectural plans and engineering reports available. Currently professionally managed rental units. MLS.
S
191 KING ST S, WATERLOO
$27/SF
CALL RYAN
S
59 LORNE AVE E, STRATFORD
CALL DUNCAN MCLEAN
$12.75/SF
$ VARIES
3 Units of 1,137sf, 2,196sf & 2,405sf, available. Can be combined for 5,738sf. 2nd floor loft-style office space available immediately. Located in Bauer Building in Uptown Waterloo. Numerous amenities onsite & within walking distance. On public transit route, steps to the LRT. Ample parking available. Exclusive.
KITCHENER, ONTARIO
519.578.0337
CELL:
CALL REBECCA RAWLINGS
$12.75/SF
Vacant 2,265 sf. unit ready for your improvements. CAM approximately $8.00/sf. Join Tim Horton’s, McDonald’s, Service Canada, TD Bank and many more. Available immediately. Exclusive. CALL DUNCAN MCLEAN
1 QUEEN ST N, KITCHENER
CALL NEIL KOEBEL
$13.00/SF GROSS
1,260sf office space in Downtown Kitchener. Available immediately. Ideal for lawyer, accountant, massage therapist, chiropractor, etc. Close to Region of Waterloo courthouse, Conestoga College, Centre in the Square. On public transit route, close to the LRT. Close to numerous amenities. MLS.
771 ERIE ST, STRATFORD
Fully built out 2,251sf unit with reception, multiple offices, kitchen and boardroom. CAM approximately $8.00/sf. Join Tim Horton’s, McDonald’s, Service Canada, TD Bank and many more. Available immediately. Exclusive. CALL DUNCAN MCLEAN
187 KING ST S, WATERLOO
82 WEBER ST E, KITCHENER
D L O
Retail unit available at Bauer Marketplace in Uptown Waterloo. $27/sf rent plus. $10.50/sf CAM. Great location close to Mark Nunes, Bauer Kitchener, Vincezo’s, etc. Zoning allows many retail and office uses. Exclusive. CALL DUNCAN MCLEAN
$2,700,000
Baden Farm & Gravel Pit w/ residential bungalow and three outbuildings. Income from cash crop and aggregate licence for 500,000 tonnes/yr. House/outbuildings are currently in disrepair but are renting for approx. $34,000/yr. 60 Acres farmland leased at $6,000/yr. MLS.
$27.50/SF
1,002sf, 4,755sf or 5,757sf prime commercial space in Downtown Kitchener. D-1 Zoning. Brick and beam building currently being renovated. Tim Horton’s will occupy space fronting on King St. Great location in Downtown Kitchener, close to LRT, residential, restaurants and shopping. MLS.
$2,500,000
SIMCOE
Apartment/Condo Land For Sale. Proposed 125 Unit apartment or condo development. Approx. 2 acres of midrise residential land. Located on Norfolk Golf & Country Club, Simcoe, Ontario. Subject to zone change and site plan approval (estimated one year away). Asking $20,000 per unit. Exclusive Listing CALL NEIL KOEBEL
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:
519.590.7997
Duncan@cmarealty.ca 5
INVESTMENT OPPORTUNITIES CBRE INVESTMENT TEAM
69-71 WELLINGTON ST. | LONDON • Two buildings (5,239 SF & 4,731 SF) with plenty of on-site parking • High visibility fringe-core location • Upside and owner-user potential
772 CRUMLIN SIDEROAD | LONDON • ±103.61 Acre farm • Potential for estate style lots on Crumlin Sdrd • 18.53 acres zoned residential & 68.03 acres agricultural
Kevin MacDougall** kevin.macdougall@cbre.com +1 519 286 2013
David Yanoshita* david.yanoshita@cbre.com +1 519 286 2020
21556 RICHMOND ST. | ARVA
DEVELOPMENT LAND | WOODSTOCK
• 3,200 SF conversion with retail/residential units • 1,700 SF main floor unit fully leased • Located on Richmond Street in desirable Arva, ON, just north of London
David Yanoshita* david.yanoshita@cbre.com +1 519 286 2020
Mallory Weldon* mallory.weldon@cbre.com +1 519 744 4900
• Development Land along the Hwy 401 Corridor • 3 parcels available (3.37 Acres to 14.53 Acres) • Site serviced and development ready
Kevin MacDougall** kevin.macdougall@cbre.com +1 519 286 2013
416 FIRST STREET | LONDON • • • •
Care free lease – tenant pays all expenses Single Tenanted Building 13 years remaining of the lease term Recent environmentals
Rick Spencer** rick.spencer@cbre.com +1 519 286 2005
Christina Shore* christina.shore@cbre.com +1 519 286 2021
RESIDENTIAL REDEVELOPMENT • ±3.93 acre site with a 48,437 SF retail plaza • Redevelopment concepts yield ±100 townhouse or apartment units • Great location within Stratford
Joe Benninger* joe.benninger@cbre.com +1 519 340 2323
Todd Cooney* todd.cooney@cbre.com +1 519 340 2314
FULLY LEASED INVESTMENT
727 EXETER ROAD | LONDON
• 50,076 SF commercial building on 3 acres • Situated in north New Hamburg • Concepts yield a 120 unit apartment building or 68 stacked townhouses
• 85% leased to Scotiabank – Investment grade income security • 2 building portfolio located in downtown Stratford • 56,271 SF Gross Building Area
• 13,000 SF free-standing office building on 0.654 Acres • Located minutes away from Hwy 401 • Surrounded by amenities
Martin Cote* martin.cote@cbre.com +1 519 340 2317
Joe Benninger* joe.benninger@cbre.com +1 519 340 2323
RESIDENTIAL REDEVELOPMENT
LONDON
Mitchell Blaine* mitchell.blaine@cbre.com +1 519 340 2309
380 Wellington Street, Suite 30 +1 519 673 6444
WATERLOO REGION
72 Victoria Street S., Suite 200 +1 519 744 4900
Martin Cote* martin.cote@cbre.com +1 519 340 2317
Greg Harris* greg.harris@cbre.com +1 519 286 2011
Walter Raithby* walter.raithby@cbre.com +1 519 286 2033
WINDSOR
3200 Deziel Drive, Suite 110 +1 519 252 4095
© 2020 CBRE, Inc. All rights reserved. This information has been obtained from sources believed reliable, but has not been verified for accuracy or completeness. You should conduct a careful, independent investigation of the property and verify all information. Any reliance on this information is solely at your own risk. CBRE and the CBRE logo are service marks of CBRE, Inc. All other marks displayed on this document are the property of their respective owners, and the use of such logos does not imply any affiliation with or endorsement of CBRE. Photos herein are the property of their respective owners. Use of these images without the express written consent of the owner is prohibited. *Sales Representative **Broker 6
Doug Freiburger Sales Representative
(519) 270-3855 Email: dfreiburger@sutton.com Website: http://www.sellwithdoug.ca
Sutton-Huron Shores Realty Inc., Brokerage. Independently Owned and Operated
5101 Hwy. 21, Port Elgin
$1,400,000 LOCATION LOCATION!! This may be one of Saugeen Shores greatest commercial investments. Ideally located in the south commercial area of Port Elgin. A wellkept solidly constructed structure on nearly an acre of land. Boasting long standing tenants and a cap rate to brag about. Book a showing today in what may be your best opportunity in years. As per Sellers instructions financial statements available only with serious offer.
WE HELP YOU GROW YOUR DREAMS
Featuring: Commercial•Industrial•Franchise+Business Opportunities
FREE
September 31–October 30, 2019 Volume 19 | Issue 1
Full Coverage Area Including: London • Kitchener • Niagara Falls • Hamilton • Toronto • Ottawa TrenT Hills | 14.29 Acres wiTH excellenT roAd FronTAge
Introducing “The Ridge” 14.29 Acres Ideally Situated Abutting The Urban Boundary & Over Looking The Trent/Severn Canal! As “”Infill”” As They Come, This Parcel Is Nestled Amongst Residential Homes w/ Excellent Road Frontage On 6th Line West+Victoria St. Municipal Services Only Steps Away, This Property Is A Blank Canvas For Your “Inner” Developer. Mins. Away From Downtown Campbellford Right Off County Rd 30/Grand Rd. Ideal Investment For Future Development. MATTHew gArneT sales representative Re/Max West Realty Inc., BRokeRage. dIRect: 416.509.3036 offIce: 905.773.8000 eMaIl: MatThelandFinder@gmail.com
353-357 ARVIN AVENUE, STONEY CREEK
• 27,994 square feet. 5 drive-in doors & 1 truck level • 2.8 acres • M2 zoning. Permits a wide range of uses including motor vehicle repair and outside storage. CONTACT: MICHAEL BABBIE, Sales Representative mbabbie@cbci.ca | d 289 725 5088 | c 647 272 5899 MICHAEL SCHULER, Senior Vice President & Partner mschuler@cbci.ca | d 289 291 5067 | c 416 274 7467
LARGE AND SMALL APARTMENT BUILDINGS WANTED
Global Brokers Internet Advertising
4 -4 8 7 5 21 6-
75% EXCLUSIVE Real Estate Opportunities NATIONAL REAL ESTATE INFORMATION LISTING SERVICE
www.nreils.com
Free to Search Everyone can search within 5 seconds
41
ICIWorld.com iciworld.mobi All Mobile Devices Install The ICIWorld App
FOR ADVERTISING INFORMATION CONTACT
1-888-761-3313
D TE AN W
ED NT WA
W AN TE D
SOLD BY WINCORP REALTY INC. • Large and Small Apartment Buildings anywhere in Ontario • Have many CASH Buyers ready to invest NOW • Specializing in multi-residential sales for over 40 years • References supplied • Confidentiality guaranteed CONTACT: WINSTON DAVIES, BROKER OF RECORD WINCORP REALTY INC. REAL ESTATE BROKERAGE GUELPH, ON tel: 519-836-2080 eMaIl: wjmdavies@rogers.com
The Best Selection of Commercial, Industrial, Franchise and Business Opportunities 7
COMMERCIAL, REAL ESTATE & BUSINESS OPPORTUNITIES
Bill Bradley
Sales Representative
REALTY EXECUTIVE PLUS
416.258.6866
Independently Owned & Operated
Unit 2, 1240 Speers Rd., Oakville ON 416.258.6866
exitwithbill@gmail.com
LAND FOR SALE
49
ACRES
IN CEDAR PARK 5.2A. READY TO BUILD A LAGE PLAZA ON
Condo Apartment Buildings Large or small
38 ACRES IN MILTON ON 49 ACRES IN MILTON ON CALL BILL BRADLEY FOR INFO
Apartment Buildings for sale Large or Small
Small or Large Hotel or Motel Building for Sale
THIS PLAZA ALL READY TO BUILD BY OWNER ON 5.2 ACRES OF LAND NEAR HIGHWAY PLEASE CALL FOR MORE INFORMATION.
SELLERS AND BUYERS WANTED – CALL BILL BRADLEY 8
contents 12 16 18 22 24
What makes innovation districts work?
NEXT ISSUE:
February 27, 2021
BDC study: Strong online presence drives growth
ADVERTISING DEADLINE:
February 17, 2021
NYX Capital Corp. purchases three GTA self-storage locations for $81 million First steps to starting a small business Renting out your condominium
REGIONS
Kitchener, Waterloo & Guelph ............. 10 Southwestern Ontario ......................... 17 Hamilton ............................................. 18 Greater Toronto Area.............................20 TORONTO GUELPH KITCHENER/ WATERLOO
OTTAWA
LONDON HAMILTON NIAGARA
TO ADVERTISE TORONTO Harrison Racioppo
DIRECTOR OF PRINT MEDIA Lauren Reid-Sachs
harrison@mediaclassified.ca
GRAPHIC DESIGNER & ASSISTANT MANAGER Alicesa Pullan
1.888.532.2589 GUELPH
KITCHENER/ Chris Bosnich WATERLOO 1.888.532.2609
chris.bosnich@mediaclassified.ca
PRESIDENT & PUBLISHER HAMILTON Leo Racioppo leo@mediaclassified.ca
NIAGARA
CHIEF OPERATING OFFICER John Racioppo john@mediaclassified.ca
ACCOUNTING INQUIRIES accountingteam@mediaclassified.ca CIRCULATION INQUIRIES distributionteam@mediaclassified.ca
GRAPHIC DESIGNER & PRE-PRESS COORDINATOR Hannah Yarkony GRAPHIC DESIGNERS Johannah Lorenzo, Mike Terentiev, Alice Wu All submissions from interested parties will be considered. Please submit to the editor at editorial@mediaclassified.ca
HOME OFFICE 610 Applewood Crescent, Suite 401, Vaughan ON L4K 0E3 T: 905.761.3313 press 5 | Toll Free: 888.761.3313 press 5 F: 905.761.5038 E-mail: info@thecommercialinvestor.ca Website: thecommercialinvestor.ca Copyright Notice 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 Media Classified Corporation. Contents of this publication, in hard copy format as well as online, are covered by copyright law, and offenders will be prosecuted. Copyright 2021. 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 Media Classified Corporation is strictly prohibited.
KITCHENER/WATERLOO GUELPH & CAMBRIDGE
519.742.7000 www.coupalmarkou.com
54 QUEEN STREET, KITCHENER
SALE
ST N & 410 KING ST N, SALE 405 WEBERWATERLOO
SALE
40,000 SQ FT RETAIL PLAZA, KITCHENER
ING M CO ON SO • Located in Downtown Kitchener • Buyer user potential to occupy building • 13,380 sq ft • $3,495,000
• Located at corner of King St N and Weber St N in Waterloo • High density redevelopment site • Contact Listing Agent for More details MLS
15 CEDAR STREET, KITCHENER
SALE
• Zoning approval in place to add residential units • Existing cash flow • Value add opportunity
MLS
136 DEARBORN PLACE, WATERLOO
SALE
EXCLUSIVE
SALE
351 WEBER STREET NORTH, WATERLOO
D L O S • Rare development land opportunity • Zoned MU2-15H allowing many possibilities • Surrounded by an abundance of other popular retail establishments • 0.137 acre MLS • $935,000
360 REGINA ST N, WATERLOO
SALE
CO
N
DIT
• Rare ¾ acre commercial building lot for sale • Subject to severance • Flexible industrial E3 zoning allows for many uses • 0.75acres
MLS
SALE
15 BARNSWALLOW DRIVE, ELMIRA
EXCLUSIVE
SALE
529-533 EXMOUTH STREET, SARNIA
D L SO
AL N IO
• Located on Regina St N near Columbia St E / Columbia St W • Many uses for this property, restaurant, office, medical, retail, electronic, bakery • 1,500 sq ft
• Located on Weber St N near Columbia St E / Columbia St W • Many uses for this property, auto sales and repairs, office, some retail, medical • 4,000 sq ft MLS • $1,295,000
• Located at the corner of Barnswallow Dr and Church St • Approvals in place for retail plaza with full drawings already completed • 1.572 acres EXCLUSIVE • $1,595,000
• Fully leased commercial investment opportunity • 50% occupied by Service Ontario • 15,360 sq ft on 0.927 acres
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
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
10
COMMERCIAL INVESTOR | Commercial Real Estate & Business Opportunities
January 30–February 27, 2021
KITCHENER/WATERLOO GUELPH & CAMBRIDGE
519.742.7000 www.coupalmarkou.com
LEASE
7 dUKe street, Kitchener
LEASE
• Located in close proximity to Ontario Court, Courthouse, City Hall, next to LRT stop • 6 offices, 2 storage rooms, kitchen and reception • 2,025 sq ft built out office space • $8.95 / sq ft net MLS
LEASE
678-684 Belmont Ave W, Kitchener
• Located in the heart of Belmont Village • Signage potential • High foot traffic and great side street parking • Units from 691 - 1,790 sq ft • $18.00 – $22.00 / sq ft net
LEASE
mAnitoU / FAirWAy oFFice spAces, Kitchener
• Second Floor Office units in high traffic plaza • Available Now! • Free on-site parking and utilities included • Units from 1,116 – 9,980 sq ft • $12.50 / sq ft net
851 Fischer hAllmAn roAd, Kitchener
• Second floor office space with large windows for natural light • High vehicle traffic with abundant on-site parking • 1,632 sq ft • $20.00 / sq ft net MLS
• Located at a ver busy corner with high vehicle traffic • C2B (neighborhood commercial) zoning allows for many uses • 1,300 sq fr • $30.00 / sq ft
MLS
20 erB street West, WAterloo
• Building located within 1 block of new LRT route and stop • Across street from Waterloo Town Square • 799-3,980 sq ft • $15.95 / sq ft net
MLS
LEASE
573 King st n, WAterloo
LEASE
MLS
LEASE
mAnitoU/FAirWAy retAil spAces, Kitchener
• Located at the intersection of Manitou Dr and Courtland Ave E meets Fairway Rd S • Plaza recently refaced; new facia and signage • Unit Ranges: 1,079 – 7,035 sq ft • $22.00 / sq ft net
MLS
LEASE
620 King street north, WAterloo
• New Build on King Street North • Near many amenities • Breaking ground early 2020 • 1,352 – 2,704 sq ft • $30.00 / sq ft
MLS
MLS
LEASE
65 University AvenUe, Kitchener
• Location South of University Ave and Weber St • Ample free on-site parking • Great signage opportunity and pylon sign on-site • 1,308 sq ft • $30.00 / sq ft net
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
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
January 30–February 27, 2021
Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR
11
What makes
innovation districts work?
Panel discussion offers insight into the tech sector and Toronto’s recent ‘tech boom’ International design and strategic consulting firm B+H recently partnered with the Urban Land Institute (ULI) Toronto to host a panel
12
discussion. The event focused on the changing workplace, the rise of innovation districts, and how it is influencing new development.
COMMERCIAL INVESTOR | Commercial Real Estate & Business Opportunities
Panelist moderator Catherine Osborne described an innovation district as an urban phenomenon – born organically with the rise of Silicon Valley – where tech entrepreneurs cluster based on the need to share knowledge and talent. Osborne, a writer and editor with an
January 30–February 27, 2021
KITCHENER/WATERLOO GUELPH & CAMBRIDGE expertise in architecture and urbanism, explained that the main feature of innovation districts is that they are community based, not siloed in office buildings. Patrick Fejer, senior design principal at B+H, whose firm was the lead designer for the MaRS Phase II building in Toronto, said: “We previously used to measure efficiency of an office building by how many people we can populate on a floorplate, but now the focus is really about what events can transpire, what amenities does this building have, what kind of programs can promote community activity.” But beyond the workplace, what makes an innovation district – whether planned or organically formed – sustainable? How do we design cities, streets and urban cores to sustain this kind of growth? The city of Melbourne, which is half
Dalibor Radulovic Sales Representative dalibor1@rogers.com
the size of Toronto, has esteemed educational institutions and is becoming a leader in the educational technology and biotech sectors, attracting both local and international tech companies to lay roots in the city. This is contributing to a $2.2billion start-up market. “Why are they choosing to stay here?” said Michelle Fitzgerald, Melbourne’s first-ever chief digital officer. “It’s about the talent and the livability of the city, strong transit links, great school systems for people to raise a family, great coffee and food.” Toronto has been cited as the fourth largest and fastest-growing tech-hub in North America. “Toronto is a safe, wonderful place, and we have incredible timing based on what is happening in the US over the last couple of years,” said Candice Faktor, managing partner, Faktory Ventures, an early-stage fund investor in exponential technologies and network
effects, and a strong advocate of Toronto’s tech economy. “I think MaRS, in particular, has benefited from Toronto’s ecosystem being a cluster of AI innovation. It was the global recognition of the AI ecosystem which brought a lot of talent and capital here.” The panelists went on to discuss how to balance affordability with great places to work and discussed a new breed of co-living rental spaces that model the rise of the co-working space – units with more shared spaces, Instagram-worthy décor, and recreational programming. Spaces are being re-imagined for “the mobile Millennial talent who want to work in innovation hubs but can’t afford to live in the city,” said Faktor. The importance of having mixeduse neighbourhoods to sustain the growth of innovation districts was also addressed. CI
Chris Mossey
Tunde Abiodun
Rob Piombini
chrismossey@rogers.com
tabiodun@gmail.com
rpiombini@homelifepower.com
Sales Representative
Broker
519-885-8810 385 Frederick Street, Unit 32 Kitchener, Ontario N2H 2P2
Broker
HomeLife Power Realty Inc., Brokerage*
*Independently Owned and Operated
5 parcels of Development Land available in Kitchener & Waterloo (Exclusive Listings). Call for details.
D L SO
Unit 1&2, 300 Victoria Street North, Kitchener, ON - 1302 Sq/Ft
Brantford - Turnkey 6-Plex COMING SOON
5 Gordon Street, Unit 105 Guelph, ON - 693 Sq/Ft
Great Opportunity to Lease a 1302 Sq. Ft. Multi-Use Space. Multi-use allows for retail, office, services and more. High traffic location on Victoria Street North in Kitchener. Other spaces available please call for details. $14.00 per square foot Plus CAM. Immediate Occupancy!
Five 2-Bedrooms and One 1-Bedroom. 5 Units Completely Renovated. Please call us for more details.
“Market Commons” Retail Condo Unit (Street Level). In the heart of Downtown Guelph. C-8 Zoning allows for retail and commercial uses. Great visibility and easy access to Public Transit.
January 30–February 27, 2021
Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR
13
KITCHENER/WATERLOO GUELPH & CAMBRIDGE
Coldwellbankercommercial.ca 508 Riverbend Drive, Kitchener
PETER BENNINGER REALTY, BROKERAGE
** Broker * Sales Representative
RETAIL/OFFICE AVAILABLE FOR LEASE KITCHENER
KITCHENER
KITCHENER
MLS® 40021354
MLS® 30769279
MLS® 40045896
171 VICTORIA ST. N.
#1-96 HIGHLAND ROAD W.
8 BLOOMINGDALE RD.
2,613 - 5,225 SF | $15.00/SF Lester Tobin* x 3023
870 SF | $12.00/SF Lester Tobin* x 3023
982 SF | $13.00/SF James Boudreau** x 3020
KITCHENER
KITCHENER
ST JACOBS
MLS® 40039723
MLS® 30813984
MLS® 40048568
2-100 HIGHLAND RD. W.
1620 KING ST. N.
#203-501 KRUG STREET
862 SF | $16.00/SF James Boudreau** x 3020
2,044 SF | $11.95/SF James Boudreau** x 3020
BRESLAU
MLS® 30828106
1O TOWNSEND DRIVE
907168 TOWNSHIP RD. 3,672 SF | $2,100/Mo. Lester Tobin* x 3023
CAMBRIDGE
MLS® 30819862
MLS® 30805482
34 WATER STREET N.
#2-31 BEACON POINT CT.
475 PARK STREET
890 SF | $17.00/SF James Boudreau** x 3020
BRESLAU
MLS® 30814000 1,764-4,768 SF | $11-$11.50/SF James Boudreau** x 3020
KITCHENER
BRIGHT
MLS® 30825717 1,163-2,665 SF | $24-26/SF James Boudreau** x 3020
714 SF | $13.00/SF James Boudreau** x 3020
5,000 SF | $10.00/SF James Boudreau** x 3020
GUELPH
MLS® 30826077
21 LEWIS ROAD
3,000 SF | $15.00/SF Eric Frey* x 3118
Each office is Independently Owned and Operated 14
COMMERCIAL INVESTOR | Commercial Real Estate & Business Opportunities
January 30–February 27, 2021
KITCHENER/WATERLOO GUELPH & CAMBRIDGE
Coldwellbankercommercial.ca 508 Riverbend Drive, Kitchener
PETER BENNINGER REALTY, BROKERAGE
** Broker * Sales Representative
INVESTMENT FOR SALE KITCHENER
BUSINESS FOR SALE WATERLOO
WATERLOO
MLS® 40056698
MLS® 40021558
MLS® 40048855
171 VICTORIA ST. N.
355 ERB STREET W.
75 KING STREET S.
FREESTANDING BUILDING 5,225 SF | $1,575,000 Lester Tobin* x 3023
KITCHENER
retail plaza
7,271 SF | 0.66 Ac. $3,500,000
Lester Tobin* x 3023
Business Only
1,390 SF | $250,000 James Boudreau** 3020 KITCHENER
WATERLOO
MLS® 30809771 Business Only
#5-935 FREDERICK ST.
MLS® 30820239
MLS® 40042859 A203-151 FROBISHER DR. 109 OTTAWA ST. S. owner/user office Multi unit industrial 1,143 SF | $274,900 9,632 SF |0.50 Ac.| $1,925,000 Lester Tobin* x: 3023 James Boudreau** x 3020
2,332 SF | $150,000 James Boudreau** x 3020 KITCHENER
MLS® 40041341 Business Only
LIONS HEAD
WATERLOO
#1-3101 KINGSWAY DRIVE 1,600 SF | $199,000 Lester Tobin x 3023
UPTOWN WATERLOO
MLS® 40014098
MLS® 40052952
117 EAST ROAD
11 DEVITT AVE. N.
freestanding industrial/ manufacturing 11,000 SF | 2.5 Acres | $1,049,000 Eric Frey* x 3118
LEGAL DUPLEX 2,196 SF | $789,900 Eric Frey* x 3118
EXCLUSIVE| Business Only UPTOWN WATERLOO 2,650 SF + Patio | $199,000 Lester Tobin* x 3023
Each office is Independently Owned and Operated January 30–February 27, 2021
Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR
15
BDC study:
Strong online presence drives growth Growing a business online results in higher revenues, direct communication with customers and easier access to global markets, according to a new study released in July by the Business Development Bank of Canada (BDC). The study indicates that although being online fuels growth, only four out of 10 Canadian small and medium-sized enterprises (SMEs) with an online presence sell, receive and take orders online. Consequently, 60 per cent of Canadian SMEs are missing huge growth opportunities. “Still too many Canadian entrepreneurs leave money on the table for grabs by Canadian and foreign online competitors. Considering worldwide retail e-commerce sales are expected to double between 2018 and 2021, it is vital that Canadian business owners take their digital presence seriously,” says Pierre Cléroux, vice-president, Research and Chief Economist at BDC. “A strong online presence
should be at the heart of any business that wants to continue growing and remain competitive.” The study is based on a survey of 1,485 Canadian businesses with an online presence and with national or international activities. Although most Canadians are buying online, close to half of all Canadian SMEs didn’t have a website in 2017, according to Statistics Canada.
Growing online: Worthwhile but challenging The study finds that businesses building a market expansion strategy on top of an online strategy are more likely to enjoy higher revenues and profit growth. They are also close to three times more likely
to export. However, SMEs face a variety of challenges when growing their business online, such as data protection and security (32 per cent), lack of knowledge of Internet technologies (25 per cent) and the difficulty of hiring and retaining qualified talent (24 per cent). Only 15 per cent of respondents identify the cost of setting up an online store as their top challenge. Businesses that expand online spent on average $37,458 on their website and $29,210 on their online marketing in the last three years. Larger businesses tend to spend seven times more than smaller businesses to optimize their online presence.
Planning is key “The first step in expanding online into new markets is to get your online strategy right. Then, you can build your market expansion strategy on top of it,” says Philippe Desjardins, business advisor at BDC Advisory Services. “As in many business opportunities, planning is the best way to achieve long-term, sustainable success and avoid common pitfalls.” The study also identifies six online practices businesses can follow when expanding to new geographic markets: 1. Measure your business’ website performance 2. Improve your visibility with search engine optimization 3. Invest in search engine marketing 4. Continually tweak your website to meet customer expectations 5. Make your online expansion plan the core of your strategic plan 6. Personalize it with customization CI Source: Business Development Bank of Canada. bdc.ca
16
COMMERCIAL INVESTOR | Commercial Real Estate & Business Opportunities
January 30–February 27, 2021
SOUTHWESTERN ONTARIO
JAMIE HANKE
Sales Representative Royal Lepage Triland Realty jhanke@royallepage.ca | 519-672-9881
View Our Magazines On any
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Value is in the land. Prime infill development site surrounded by low, Medium and High Density developments on Proudfoot and Sugarcreek Trail. Currently zoned UR1 but the “Official plan” has it designated for Medium Density Residential development. 0.88 Acres (38,400 sq ft of land) 100 feet frontage x 384 feet depth. Four-story Luxury Condominium development (Nuvo condos) immediately south of Subject property. White Birch, Maple, Pine, Spruce and Fur Trees dot this attractive piece of land. One floor Ranch home has approx 1,800 sq ft main floor with a Finished basement. The home is currently occupied by the Sellers family member on a month-to-month basis.
Bring the Cushman & Wakefield edge to your next Commercial Real Estate transaction.
CONTACT US MONDAY - FRIDAY 9 AM-5 PM
519 438 5588 info.lws@cushwakeswo.com
www.cushwakeswo.com
Although these are unsettling times and it may not be ‘business as usual’, at Cushman & Wakefield Southwestern Ontario we are working hard to continue providing our clients with the highest level of service. We continue adhering to the Public Health recommendations, while striving to provide the excellent service you are accustomed to. Despite the unprecedented challenges, we want you to know that we are here for you and doing business. Feel free to reach out to us anytime!
©2020 Cushman & Wakefield Southwestern Ontario, Real Estate Brokerage, Independently Owned and Operated. A Member of the Cushman & Wakefield Alliance.
January 30–February 27, 2021
Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR
17
HAMILTON
Nyx Capital Corp. purchases three gta self-storage locations for $81 million NYX Capital Corp, in partnership with Bluebird Self Storage, has successfully closed its largest selfstorage investment to date and has acquired three new facilities for an aggregate purchase price of $81 million. The transaction, completed December 23, 2020, includes locations purchased from WP Carey Inc. at 411 Cityview Blvd. in Woodbridge; 19 Esandar Dr. in Toronto and 1230 Lakeshore Rd. E. in Mississauga, ON. Bluebird Self Storage 19 Esandar Dr. Toronto M4G 4C5 Canada The three properties identified as Bluebird Self Storage sites include 3,242 rentable units totaling over
300,000 net rentable square feet on 7.98 acres. Said NYX Capital CEO Yashar Fatehi, “This transaction reflects a compelling valuation for A-Class, fully climate-controlled, income producing assets that are strategically located in the Greater Toronto Area. With this acquisition, we will continue to build NYX Capital’s portfolio in this asset class and work to deliver exceptional
financial results for our partners and investors.”CI NYX Capital Corp is a private equity real estate investment firm based in Toronto, Canada with investments in high-quality commercial, residential industrial and self-storage development projects throughout Canada, currently managing $620 million in assets.
PREMIERE DISTRIBUTION NETWORK
GET ACCESS TO A HIGHLY TARGETED NETWORK AND INCREASE THE VISIBILITY OF YOUR BRAND.
FOR ADVERTISING INFORMATION CONTACT: 1.888.761.3313 info@thecommercialinvestor.ca | thecommercialinvestor.ca 18
COMMERCIAL INVESTOR | Commercial Real Estate & Business Opportunities
January 30–February 27, 2021
HAMILTON
$1,850,000
1449 CONCESSION 13 TOWNSEND, TOWNSEND Welcome to “Villa Nova Estate Winery” - picturesque 100 ac parcel. Incs 1.5 stry 5 bedroom dwelling- ftrs master loft, spacious rooms, wood burning FP, hardwood flrs, vlted ceilings, new deck to on-ground pool, WO basement. Incs licensed/comm. zoned Winery-2006 enjoys 450sf retail space, 1070sf outdoor tasting deck + 1120sf processing room. Incs 25x60 P&B storage barn, 30/40 ac arable land, 10 ac grapes planted’96 producing wine s’06/retail sales’07.
$695,000
2095 MAIN STREET N, JARVIS 6 ac commercial parcel located in Jarvis. Over 400ft of Main Street frontage incs. asphalt parking lot surrounding 3040sf (38x80) metal clad storage building mounted on conc. pier foundation rented for $1,300 p/month PLUS well maintained 4070sf conc. block, retail/comm. building suitable for several uses. 2048sf of retail space, cloak room, steel girded/free-span interior roof ceiling, 3 large bathrooms, 632sf multi-purpose room w/insulated roll-up door, front display windows, glass entry doors, Incs 4.8 ac north parcel offering development potential.
$539,000
46 ARGYLE STREET N, CALEDONIA
D L O S
3 stry comm/residential building. Incs rear alley entry offering 3-4 car parking plus street parking. MAIN LEVEL - 880sf comm/retail unit, 2ND LEVEL - 3 bdrm residential unit, 3RD LEVEL - 1 bdrm residential unit & 3RD LEVEL/ATTIC - 1 bdrm residential unit. All units currently rented. Serviced w/3 hydro meters, 1 n/gas meter, 1 water/sewer meter. Excellent Investment Opportunity!!
$419,900
895 BARTON STREET E, HAMILTON Clean Comm/Res. property on Barton St, excellent visual exposure, hi-volume vehicle/pedestrian traffic. Near City Transit Routes + Red Hill/Linc/QEW access. Incs Comm. unit + 2 bdrm Residential rear unit utilizing both main & 2nd floor. Comm. unit is renovat’d from “studs-out” in past 4 years ftrs new plumbing/ electrical/insulation/drywall/flooring + display windows. Extras - n/g furn-2018, AC-2012, n/g water heater-2018, roof-2015, 100 amp*breakers*, 2 hydro meters, 42” TV/Security Camera System w/desk & paved rear parking for 4-6 vehicles accessed by thru alley. Generating $19,200 annual of gross income.
$395,000
65 CHURCH STREET, JARVIS 0.74 ac commercial property located in the Village of Jarvis. Incs aprx. 8,216sf metal clad storage building mounted on poured concrete foundation currently leased for $2,700 p/month - indications tenant would continue on with lease. Also included is massive aprx. 35,000sf chain link parking compound with part of compound leased for $500 p/month to towing company. Ideal for small business owner as a warehouse/depot/office offering unlimited potential. Can be purchased with adjacent 6 acre property located at 2095 Main St North.
$1,195,000
219 ARGYLE STREET NORTH, CALEDONIA Ideal Investment Opportunity! 2.25 ac Caledonia parcel w/2 road frontages & zoned ML w/ Development potential surrounded by current commercial/Industrial buildings. The property currently has a RES home (4 beds & 1 bth) & RES duplex (both 2 beds & 1 bth) on it & are fully rented out & all on sep. utilities/meters. All permits, zoning, development charges, permitted uses & due diligence are the responsibility of the Buyer. DO NOT GO DIRECT to the property!
January 30–February 27, 2021
Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR
19
GREATER TORONTO AREA
FOR SALE 5.2 Acres Approved Commercial Land
D ISE AN H C N A R F SS BUSINE ES TUNITI OPPOR
OR.CA
INVEST
RCIAL COMME
THE
OW R G U O Y P L E H WE MS A E R D YOUR ONTACT
Location Queensway Street West, Simcoe, Ontario
Ready for Construction Cedar Park Plaza / Gas Station Complex *58,000 sq. ft. Plaza ready for construction NOW *Brand New Gas Station Complex *Prime location 250+ customer parking spaces Cedar Park Plaza / Simcoe Ontario Commercial Investment opportunity for Investors / Builders
For More Information
Call Ed Bain 416-836-7686
ION C ORMAT F IN G IN
PO RACIOdPiaclassified.ca N O S I R e HAR | harrison@m H 2.2589 d.ca 3 lassifie BOSNIC 1.888.5 CHRIS osnich@mediac VERTIS
FOR AD
hris.b
609 | c
32.2 1.888.5
ECTION ST SEL THE BE ERCIAL, M OF COM RIAL, INDUST E AND IS FRANCH SS BUSINE NITIES TU OPPOR
(email) slandcorporation@yahoo.ca
20
COMMERCIAL INVESTOR | Commercial Real Estate & Business Opportunities
January 30–February 27, 2021
GREATER TORONTO AREA
Cindy Wen
647.204.5336 ccwen008@yahoo.com www.TorontoHomeBuySell.com
BROKER
TOP PRODUCER
Cindy Wen offers seller’s client: GUARANTEED HOUSE SOLD program, free property evaluation, free home staging consultation. Offers Buyer’s Client: Guaranteed stress-free experience, free home buyer consultation, best suitable mortgage solutions.
Remax Crossroads Realty Inc., Brokerage Office 416.491.4002
GTA NEW HOUSE PROJECT FROM 700K LOW DEPOSIT MOVE IN 2021
Call Realtor Cindy Wen 647-204-5336
January 30–February 27, 2021
CLIENT TESTIMONIAL
Property Management & Investment
“I was very pleased with the job done by Cindy Wen. Her hard work and professionalism created maximum exposure, getting me well over the asking price on the sale of my house. Trusting in Cindy also got me a new home at a great price & in my desired neighbourhood. Cindy Wen is truly a top-notch Realtor. “ — Karl G
WWS Global Group Inc.
GTA COMMERCIAL PLAZA FOR SALE AND UNIT FOR RENT
Great potential for Investments and Redevelopments. Call Realtor Cindy 647-204-5336
647.580.6811
We help investors to lease and manage residential and commercial property all over in GTA
PICKERING NUTOWNS
SCARBOROUGH TOWN CENTER CONDO
Brand New Pickering Central Stacked Townhouse for Sale $569,000. Move in May 2021. Call Realtor Cindy 647-204-5336
Luxury Scarborough Town Center 2 Bed Condo with Parking and Locker for Lease From $1800. Call Realtor Cindy 647-204-5336
Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR
21
First steps to starting a small business BY GEORGE GRIGNANO AND WILL TOWNSEND
The right attributes, a good idea, a plan to make it work and a way to finance your business are all ingredients in the recipe for success. Here are some considerations: The familiar characteristics of a successful entrepreneur include: Optimism – Entrepreneurs focus on solutions, not problems. Passion – The quality that fuels their business and their personal lives. Persistence – Entrepreneurs keep going in times of adversity and stay focused on the end goal. Flexibility – The ability to adapt to a changing environment. Education – Not formal education but a desire to learn and a drive to improve. Focus – Entrepreneurs focus on the big vision and recognize that shortterm wins, although important, must add to long-term success.
Generating a business idea The next step is to identify a gap in the market that your product or service will exploit. This is easier said than done and can be the toughest part of setting up your own business. To do this, ask yourself these questions: What services or products are missing from the market? Could you invent a new product? What do you dislike about existing products and services? Could you improve them? Using your own life experiences to inspire your ideas can help you spot business opportunities. This will also make you passionate about your product as you will be able to see and sell the benefits. Remember, passion is one of the key characteristics of a successful entrepreneur. 22
Turning your idea into a strategic plan Studies show that a significant amount of new businesses with no business plan fail within the first two years. Your business plan reflects how you see your business developing and maps out how you intend to drive your business forward. It should set out your product, your intended market, and your key financial targets such as projected sales and profits.
Financing Your plan should also show the seed capital you need to start up and your day-to-day working capital requirement. It is vital that your assumptions and estimates are accurate and reasonable. Do this and you will be able to foresee any problems and resolve them before they happen. A robust business plan allows you and potential investors to see how your business may perform in the future.
Here are some ways for you to finance your business: – Investigate any government support such as grants or loans. – Borrow money from a bank or other lender. – Ask for help from friends or family. – Look at equity financing, where you raise money from external investors in return for a share of your business. These investors will usually be venture capital firms or business angels.
COMMERCIAL INVESTOR | Commercial Real Estate & Business Opportunities
– Consider bootstrapping, a way of starting a business without external finance. This method is more strategic and focuses on creating cash flow, minimizing expenses and reinvesting profits.
Structuring How you structure your business will depend on what it is, how you finance it, and your long-term business goals. It will likely be a sole proprietor, partnership, franchise or corporation.
Before deciding on the structure, answer these questions: ~ Is it important that you limit your personal liability? ~ Does your business need to meet any regulatory requirements that may have a bearing on your business structure? ~ How important are ease and set-up costs? One structure may be easier, quicker and cheaper than another. ~ Do you have an exit plan? If so, consider how the structure choices impact on your plan. The tax and accounting requirements you have to meet will depend on where you operate. Also depending on where you operate, there may be government tax incentives, so be sure to investigate this. Wherever you are and whatever your business, choosing how to structure your business is an important decision. It is worth seeking professional tax and accounting advice to help you make the right choice. Becoming a successful entrepreneur isn’t easy. If you have the right entrepreneurial characteristics, the right idea and structure your business the right way, you’ll stand a good chance of succeeding. CI January 30–February 27, 2021
GREATER TORONTO AREA
Victoria Kirk Carter Rickman BROKER
MOVEYOU
SALES REPRESENTATIVE Percy Fulton Ltd.
d: 647.697.7413 e: TwoMoveYou@gmail.com 362 Kingston Road West
Brighton: Commercial and Residential
Brighton: Pet Shop For Sale • Be your own boss! • Take over the reigns of a successful business • Only $139,000 (Pet food not included)
• Two Units, one residential, one commercial • $499,000 in downtown Brighton
• Fantastic Opportunity To Lease 905 Sq Feet At Kingston And Westney Rd. • $24 Per Sq. Ft. Plus $12 TMI (Approximately $2715 Per Month)
Belleville: Development Opportunity
Grafton: 185 Acres With Lake Views
• Gutted Interior, Sold with all plans • Turn into a 4 storey, 52 unit Multi-Res building • $3,390,000 As Is
• 5 ponds, multi- structures on land • Tons of possibilities (camp, farm, resort, etc) • $4,500,000
There Are So Many Opportunities For Investors EAST Of The GTA! Contact Kirk Rickman And Victoria Carter.
www.2MoveYouGuarantee.com Find Out More About Our Guaranteed Services
Specializing in all your financial needs since 1975 ✓ Residential 1st and 2nd Mortgages ✓ Land ✓ Construction ✓ Commercial Investment ✓ Apartment Buidlings
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Call or send a package for a quote:
CYR Funding Inc. #11681 • Attn. Rena Malkah Bus 905-731-1111 x229 • Cel 647-838-5061 • Fax 905-731-6860
rena@cyrfunding.com • www.cyrfunding.com January 30–February 27, 2021
Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR
23
RENTING OUT
YOUR CONDOMINIUM
BY JACQUELINE MONETA JD WITH ASSISTANCE FROM JAYSON SCHWARZ LLM
Buying a condominium as a rental property can be a great investment, but now that you’re a landlord, it’s important to understand the rules and regulations that govern you and your tenant. What rules apply? All landlords and tenants are governed by the Residential Tenancy Act, 2006 (RTA). The RTA outlines the rights and responsibilities of landlords and of tenants who rent residential properties. It also covers the leasing agreement and issues such as maintenance and repairs, tenancy agreements, rent, entering a rental unit and ending a tenancy. In a condo building, the Condominium Act, 1998 also applies. The Condominium Act sets out the relationship between the owners, condo corporation and board of directors. This means that you have to give your tenants a copy of the condo rules and make sure they adhere to them. The condominium corporation may have its own rules on rentals as well, which could include a minimum number of months for the rental and other obligations. It is important to read your condo rules prior to entering any lease agreement.
Do tenants have access to amenities? Tenants must follow the same rules as owners, and have the same rights as owners when using building amenities. 24
However, parking spaces and/or lockers can be included in the lease agreement at the discretion of the unit owner. Owners can choose to retain those for themselves or rent them to another tenant.
How much can you charge? When you’re renting a unit to a new tenant, you can set the rent based on current market prices. There is no maximum. The market price for a unit may be higher than that paid by a previous tenant. The RTA covers most types of rental units. Generally, landlords can increase rent: • only once every 12 months; • with 90 days written notice; and • based on the guidelines set for that year by the Ontario Ministry of Municipal Affairs and Housing.
Subletting and short-term rentals What if your company sends you for three months of training in another city? It is becoming more and more popular to list your condo on a shortterm rental site to make some money while you are away. Be careful; lots of new condos have specific rules governing shortterm rentals, such as a minimum number of months on a lease.
When buying an income property, it is important to read the rules prior to firming up your deal, and express this intention clearly to your realtor and lawyer. These rules prevent owners from converting their units into a vacation rental. Condo declarations can also spell out requirements, such as each unit shall be occupied and used only as a private single-family residence. If you’re renting out a unit for a longer term, any tenants have to abide by the terms of the rules and declaration, too. Therefore, a tenant cannot lease the unit out for shortterm stays. If you decide to sublet your unit, notify your insurance company to see if and how your policy covers damage caused by tenants. When renting out your condo unit, you are responsible for following the rules of the corporation. Always check the rules to make sure you’re not in violation. Make it clear in your rental agreement that your tenant is bound by the condo rules, and give them a copy. A condo can make a great investment, but you’ll save time and money if you put in some work at the beginning to understand your rights and responsibilities as a landlord. CI
GET SOLD R E A L T Y
I N C .
WITH RE/MAX GOLD GET SOLD
B R O K E R A G E
GORDY KHUMAN Broker of Record
GORDY KHUMAN WITHinfo@remaxgoldrealty.com RE/MAX GOLD Broker of Record
905.673.8500 MALTON I N C . B R O K E R A G E
R E A L T Y
ERIN MILLS COMMERCIAL - RIDGEWAY & EGLINTON 905.673.8500 MALTON CENTREinfo@remaxgoldrealty.com NOW LAUNCHED III ERIN MILLS COMMERCIAL CENTREPHASE - RIDGEWAY & EGLINTON NOW LAUNCHED PHASE III
35 ACRES OF COMMERCIAL DEVELOPMENT 35 ACRES OF COMMERCIAL DEVELOPMENT
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A
45'-5"
I3 I4 4,241SF 2,104SF
I5 7,609SF
I17 SF 2,034 33
1
44'-3"
22
45'-4"
SOLD SOLD
I5 7,609SF
A
I6 7,929SF
A
45'-5"
I6 7,929SF
45'-5"
I7 7,929SF
45'-5"
I7 7,929SF
45'-5"
I8 7,929SF
45'-5"
45'-5"
I8 7,929SF
45'-5"
45'-5"
I9 7,929SF
45'-5"
I9 7,929SF
45'-5"
I10 7,929SF
A
45'-5"
I11 7,929SF
I12 7,929SF
I13 7,929SF
I14 7,929SF
I15 7,929SF
I16 7,929SF
I17 I18 SF SF 2,034 2,034
44'-3" 44'-3"
45'-5"
I10 7,929SF
I11 7,929SF
I12 7,929SF
I13 7,929SF
I14 7,929SF
I15 7,929SF
I16 7,929SF
I18I19 SF SF 2,034 2,034
44'-3" 44'-3"
45'-5"
B
45'-11"
82'-8"
I19 I20 2,034 2,113SF
11'-5"
22
45'-11"
SPRK./ MECH RM.
11'-5" 44'-10" 44'-3"
GARB. RM.
SOLD SOLD
I4 4,241SF
I20 2,113SF
44'-10"
HT
GARB. RM.
SPRK./ MECH RM.
SS
54'-9"
HT
HT
20'-8"
HT
20'-8"
38
35
32
29
B
A
A
B
B 3
34
33
1
39
34
SS
EX. FH
HT
38
35
32
29
www.remaxgoldrealty.com 25
EX. FH
www.remaxgoldrealty.com
HT
905.456.1010 BRAMPTON 905.673.8500 MALTON 905.456.1010MISSISSAUGA BRAMPTON 905.290.6777 905.673.8500 MALTON 905.290.6777 MISSISSAUGA
Industrial & Commercial Unit with E2 Zoning Starting from 7900 Sq Ft to 40,000 Sq Ft Industrial & Commercial Unit with E2 Zoning Starting from 7900 Sq Ft to 40,000 Sq Ft 39
34
VERY RARE VERY RARE FIND FIND
SkyViews
Your Price for ‘Upside’ Finding Value in the Grey Areas By Cliff Ford, Skyview Realty
With the ever-increasing demand for multi-unit residential properties amongst investors, a trend has been emerging over the last number of years. Many properties, and certainly buildings with 30+ units, are seeing multiple offers as part of an open bid submission process. If you aren’t familiar with the bid submission process, it is the act of marketing a property for sale without providing a price. Typically, the Seller will provide all due diligence documents in advance of the offer deadline to allow buyers to determine what they are willing to offer on any given property. Sellers love this process as it can generally lead to multiple offers and can create a bidding war that drives up their end price. Buyers dislike this process, however, because they prefer to have some guidance on pricing going into the offer stage. As a brokerage, we are caught in the middle of wanting to deliver great results for our Seller and satisfying our buyer clients’ demands for more investment properties. What we have been noticing with these open bid properties is that ‘upside’ becomes a very common discussion point. The value a buyer places on the upside in a building can often become the factor that makes their offer stand out among the rest, at least as it relates to purchase price. When considering what the upside is on a property, its more than just rental rate upside, especially considering the lower vacancy rates seen in the Ontario market nowadays. Beyond the upside of what you could rent turned-over units for, investors are looking at upside in the utility consumptions by implementing programs to replace lighting with LED bulbs, installing Low-flow toilets in every unit, and investing in higher efficiency heating equipment. Upside can also be found in converting excess space in a building to either additional units, commercial space, or amenities that could draw in greater tenant rents. Sometimes even the location of the property itself
26
can have a form of upside for a particular buyer, in that they may own a building nearby and could create valued upside in the sharing of mutual expenses between each property. Whatever the upside factors may be on any particular property, when going into a purchase process, understanding what YOUR value is on the upside will give you a leg up when bidding against other buyers. It appears that, at least for the time being, the sale price of the property is no longer determined just by market comparable sales. It is now the grey areas of upside that are driving the prices higher. Of course if every seller had their way, the Buyer would be paying for 100% of the upside in their purchase price but realistic sellers also know that they need to leave something on the table for a buyer. As a buyer, you need to know what the upside is and how much you are willing to pay for that upside. It is a business decision that only you can determine based on your operations. To be fair when discussing bid submission processes, it should be stated that price may not always be the only factor when a seller chooses one offer to work with over another, but it is likely the most significant factor. As an example, buyers are becoming more and more organized in their purchasing processes in order to streamline their conditional periods and closing dates, as this can also help to achieve a sign back from a Seller when multiple offers are on the table. Especially if all offering prices are neck and neck, the terms of the offer becomes an important factor for a seller. You may not be a fan of the open bid submission process, but it appears as if this new trend will be sticking around. By doing proper due diligence upfront, good research on the property’s market, and determining the price you want to pay for the upside, you can still achieve great acquisitions in this tight and highly sought after investment class.
H A M I L T O N
Mazhar Roshan Sales Representative
905.929.9800 647.609.9463 905.574.6400
HomeLife Professionals Realty Inc.
Direct GTA Direct
BROKERAGE
Office
I have qualifi ed buyers for up to $5M in commercial and investment buyers. Call for details.
mazharroshan@sympatico.ca
18 ACRES OF LAND
905 929 9800
Long established variety and laundromat business. Store sale $22,000 per month. Lottery income $3,600 per month. Nevada $300 atm $300 per month. Laundromat income $9000/mth. 20 Washer and 15 dryers (few newer) alterations and dry cleaning drop off. Very reasonable rent. Long lease. Do not go direct please call lbo for more details.
Across from new proposed Hospital in Niagara Falls off exit #21 of QEW. Land has 1,900 Ft. frontage. Great potential for future development. Call Mazhar Roshan for more details.
BURLINGTON FOR LEASE
RESTAURANT - 556 UPPER WENTWORTH ST.
53 ACRES OF LAND
Central Mountain desirable location. close to all amenities, shopping, schools, and on bus route. Long established catering takeout business with set up of commercial kitchen with 16 ft hood walk in cooler, ovens, stoves, burners, deep fryers and much much more. Good for hands on owner or business minded entrepreneur. Current owner is retiring.
Off exit # 21 QEW minutes away from new proposed hospital. Good for future development or investment. Land has 1,800 Ft. frontage on QEW. 2,400 ft on Marshall Road and 1,200 Ft. on Willodell Road. Currently leased to a farmer. For more details call Mazhar Roshan.
Well established high volume Canada post Franchise business available for sale For more inquiries please call Mazhar Roshan at
2000 Sq. Ft. on lower level for storage.
M RED JUS O T SE TIV UCE LL AT D ER ED !
HAMILTON
“My Business is to Sell Your Business”
MULTI UNIT COMMERCIAL BUILDING FOR SALE BBSREALTY.COM
16 Myrtle Avenue, Hamilton, ON Multi unit commercial property in downtown Hamilton. This property offers onsite parking and two driveways- one off Main Street and one off Myrtle. C2 zoning. Currently set up as 11 units. 13 parking spaces plus street parking. Fire separation in place. Projected NOI of $95,447.00
John MacNamara
Paul Mariutti
Sales Representative Office: 905.529.5900 Ext. 211 Email: macnamara@bbsrealty.com
Sales Representative Office: 905.529.5900 Ext. 212 Email: mariutti@bbsrealty.com 27
An Instrumental Instrumental Approach An Approach to to Building Your Credit Building EasySteps Steps 99Easy
PROFUNDS FUNDSMORTGAGES MORTGAGES BYBY PRO You find the perfect property, put in an offer, and learn that it You find the perfect property, put in an offer, and learn that it has been conditionally accepted. Things are looking up! Next, has been conditionally accepted. Things are looking up! Next, you go to your mortgage broker for financing. Unfortunately, you go to your mortgage broker for financing. Unfortunately, they report that you’ve been declined by the bank because your they report that you’ve been declined by the bank because your credit score wasn’t high enough. Now you’ve got a problem. You credit score wasn’t high enough. Now you’ve got a problem. You ask yourself: “How could something as simple as a credit score, ask yourself: “How could something as simple as a credit score, prevent me from attaining my investment goals?” prevent me from attaining my investment goals?” Trust us, you wouldn’t be the first person to ask that question. Trust us, you wouldn’t be the first person to ask that question. That’s why, as a Mortgage Brokerage, we like to educate our That’s why, as aimportance Mortgage of Brokerage, wealike to educate our clients on the maintaining healthy credit score clients thestart importance offor maintaining healthy credit score beforeonyou the search your dreama property. before you start the search for your dream property. Get set up for deal-making success. Whether you are a first-time Get set up forexperienced deal-making success. Whether you are a first-time buyer or an investor, your credit rating plays a major buyer or an experienced investor, your credit rating plays a major role in whether or not your deal is approved by the bank. Thankfully, role in whether or not your deal issteps approved by the bank. Thankfully, there are a few instrumental you can start taking now, to there are a few instrumental steps you can start taking now, to ensure that you are building and maintaining that desirable credit ensure youare arelooking building maintaining thatsetdesirable credit score that lenders for.and That way you’ll be up for success score lenders aretime looking for.onThat you’ll setwe upoutline for success when it comes to sign the way dotted line.be Here nine when comes to signyour on the dotted line. Here we outline nine waysitthat youtime can boost credit score. ways that you can boost your credit score.
1. 1. Pay Pay your yourbills billson ontime. time.
Promptly paying your bills demonstrates to lenders that you Promptly paying your bills demonstrates to lenders that you are credit worthy. By paying all bills on time (including but not are credit worthy. By paying all bills on time (including but not limited to credit cards, phone bills, car loans, student loans, limited to credit cards, phone bills, car loans, student loans, rent, and utilities), you are creating a profile which positively rent, and utilities), you are creating a profile which positively impacts your credit score. Late or missed (delinquent) payments impacts your credit score. Late or missed (delinquent) payments will negatively impact your ability to qualify for future credit will negatively impact your ability to qualify for future credit vehicles. These delinquent payments can stay on your credit vehicles. These delinquent payments can stay on your credit report for up to seven years and can be difficult to resolve. report for up to seven years and can be difficult to resolve. Additional Takeaway Visit ProFunds.ca/Articles for more! Additional Takeaway Visit ProFunds.ca/Articles for more!
2. Don’t apply for too much new credit. 2. Don’t apply for too much new credit. For lenders, an abundance of credit queries on your credit report
For lenders, abundance of credit queries onA your report signifies onean thing: too many hard inquiries. hardcredit inquiry is signifies one thing: too many hard inquiries. A hard inquiry what appears every time a credit company pulls your score. is whatmany appears everycan time a credit company Too inquiries raise a red flag, since itpulls mayyour look score. like Too many inquiries can raisecredit-wise a red flag,orsince it maydeclined look like you’ve overextended yourself are being you’ve overextended yourself orcase are ifbeing declined on multiple credit requests. Thiscredit-wise could be the you are rate on multiple could be the case if you are rate shopping forcredit a newrequests. mortgageThis for example.
shopping for a new mortgage for example. Additional Takeaway Visit ProFunds.ca/Articles for more! Additional Takeaway Visit ProFunds.ca/Articles for more! The information contained in this article is provided for educational purposes only by Pro Funds Mortgages. All information presented is provided in good faith, however we make no
representation or warranty of any kind, express or implied, regarding the accuracy, adequacy, validity, reliability, availability or completeness of any information of this article. The information contained in this article is provided for educational purposes only by Pro Funds Mortgages. All information presented is provided in good faith, however we make no representation or warranty of any kind, express or implied, regarding the accuracy, adequacy, validity, reliability, availability or completeness of any information of this article. 28
3. Check in on your credit report. Even if you are not considering a real estate purchase until well into the future, a self-check on your credit history once or twice a year is a great idea. Why? It isn’t uncommon for people to discover errors that can subsequently lower a credit score and impact your qualification potential. Common reporting errors can include: • Mistakes in your personal information—wrong mailing address incorrect date of birth, etc. • Errors in credit card and loan accounts, such as payments marked late that you actually made on time. • Missed or delinquent payments still listed on your account after the maximum years they should appear. • Personal accounts listed that you never opened. Additional Takeaway Visit ProFunds.ca/Articles for more!
4. Pay first – dispute later. Fraudulent credit card charges can be alarming. Your first instinct may be to dispute the charge and launch an investigation. It’s important to note however, that refusing to pay the charge during an investigation can still result in late payments and interest charges that can damage your credit. Unless the charge is excessive and potentially criminal, a more credit-friendly approach is to pay first and dispute later. Credit card companies are very good at rectifying errors, but the process can take some time. You do not want any erroneous charges accumulating interest and creating delinquencies while you wait. Additional Takeaway Visit ProFunds.ca/Articles for more!
5. Don’t close unused credit cards. You’ve paid down a credit card and want to close it out. Not so fast! Keeping unused cards open can lower your credit utilization ratio. This means on paper you’re doing a good job of keeping your debt-load in check. Here’s how it works. If you owe 10k on one credit card with a 12k limit, your ratio is high. If you owe that same 10k on the same card, but you’ve got an additional 20k in unused credit on two other cards, your overall debt ratio is much lower, and deemed more favourable from a lender’s perspective. Additional Takeaway Visit ProFunds.ca/Articles for more!
6. Diversify your credit. Many people use only one credit card and pay it religiously. As prudent as this might seem, many of these same people are surprised to find their credit rating isn’t as high as they thought.
Why? Maintaining a mixed portfolio of credit types—credit cards, line of credit, car loans, even utility & cable bills, etc.— may improve your credit score. When it comes to assessing loan suitability, lenders like to see an array of credit products. If your credit report is too “thin”, (limited to one or minimal credit products), lenders may see that as a risk given limited overall history. Additional Takeaway Visit ProFunds.ca/Articles for more!
7. Know your limit and spend within it. Many people negatively impact their credit rating by unknowingly over-utilizing their available credit. As a general rule of thumb, keep your spending within 70-75% of your maximum credit allowance, including interest. When you max out a credit card or keep a line of credit close to its limit, lenders start getting concerned about your credit utilization. Not to mention the fact that you risk going over your limit once interest charges commence. Some tips to keep balances from getting too high are: • Pay more than the monthly minimum to decrease balances. • Request a card limit increase, without increasing your spending. Additional Takeaway Visit ProFunds.ca/Articles for more!
8. Be cautious when co-signing. It is important to exercise caution when agreeing to become a guarantor/co-signor on a mortgage or other debt instrument. You cannot control another person’s spending or payment habits. Delinquencies resulting from a co-applicant can have a detrimental effect on your credit score. Additional Takeaway Visit ProFunds.ca/Articles for more!
9. Increase the length of your credit history. Finally, we come to one of the key components of any good credit score—your history. The longer you can maintain a credit account, the better it is for your score. Due diligence over time is exactly the sort of trait lenders are looking for when reviewing your report. The longer you own any particular credit card or keep a line of credit open, the better it is for your score. The key here is keeping those credit vehicles clean. Additional Takeaway Visit ProFunds.ca/Articles for more! Follow all the steps above and you’re well on your way to a solid credit score and getting approved for a mortgage. Great work! Now, start making those dreams a reality.
Looking to obtaining financing approval on your next purchase? Contact Pro Funds Mortgages today! 1.888.330.3866 | info@ProFunds.ca | 3410 South Service Rd., Ste. 200, Burlington ON | #12051
ProFunds.ca 29
125 hartzel road, St. cathariNeS
133 hartzel road, St. cathariNeS
4581 North Service road, BeamSville
Stand alone 7,402 sf Service Related/office building with ample parking. Used as VW dealership. 6 car shop with floor drains, mezzanine area, offices and showroom. Men’s & Womens washrooms. Gated fenced yard. Exterior lighting. Offered at $2,250,000
Stand alone 1,736 sf commercial building available on busy Hartzel Rd. Being sold as is where is. Former Veterinary Clinic. 8’ ceilings. Multiple exam rooms, front reception area. 3 man doors. Kitchenette & washroom. Ample parking with mutual drive. Offered at $375,000
Ice Wine & Ice Cider Production Facility located in the Lincoln Lakeshore sub-appellation on +/-39.98 acres. This property is an assembly of 3 parcels featuring flat landscape downwards to Lake Ontario. Cleared lands ready for new plantings. Views of the escarpment and the Toronto Skyline. Offered at $10,988,000.00
1413 SpearS road, Fort erie
4796 victoria ave., Niagara FallS
2015 allaNport road, thorold
+/-7.19 acres of prestige industrial land located directly in front of the QEW. It is approx. 4 km from the Peace Bridge crossing into the USA. Offered at $725,000.00
+/-6,000 sq. ft. office building in the Downtown core of Niagara Falls. Presently occupied by a pharmacy on the main floor level, consisting of +/-3,000 sq. ft. with the upper level, with own separate entrance consisting of +/-3,000 sq. ft. Basement with bathrooms and storage. New HVAC, 2 new bathrooms on main floor, parking for 10, next to new medical centre. Offered at $995,000.00
+/- 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
For leaSe
1326 BarroN road, thorold
(iNduStrial leaSe) 2 Keefer Rd., St. Catharines – (+/-12,258 sf) - $7.00 psf net 27 Keefer Rd., St. Catharines – #2A – (+/- 4.044 sf) - $6.50 psf net 27 Keefer Rd., St. Catharines – #2B – (+/- 5,428 sf) - $6.50 psf net 188 Bunting Rd., St. Catharines – #6 – (+/-1,250 sf) -$7.50 psf net 188 Bunting Rd., St. Catharines – #8B-9B – (+/-2,500 sf) - $7.50 psf net 340A Lakeshore Rd., St. Catharines – (+/-31,311 sf) $6.00 psf net 15 Neilson Ave., St. Catharines – 15C – (+/-2,000 sf) $7.00 psf net
30
Well maintained industrial building available, situated on +/- 5.68 acres. Currently approx. +/- 15,000 sf lease to 2 tenants with expiry date of Dec. 2022 and Feb. 2024. New Quonset Building available for lease and also 2,700 sf office space with baseboard heat & window a/c. Large Open production area and sizeable gravel shared yard. Three drive in doors. Ceiling hgts. range from 16’ to 22’. 600V 3 phase. 7 ton crane available. Potential annual income $108,000. Offered at $1,600,000.00
Colliers International Niagara Ltd.,
Real Estate Brokerage 82 Lake Street, Suite 200, St. Catharines, ON L2R 5X4 www.collierscanada.com 905-354-7413 7058 LuNdy’S LaNe, NIagara FaLLS
1219 hurrICaNe road, thoroLd
336 graNd aveNue, Chatham, oN
Great corner lot with good exposure. Located in very close proximity to the Falls Manor Resort & Restaurant and short walk to Canada One Outlet Mall. Many Permitted Uses under Tourist Commercial Zoning. High traffic through fare to the Falls tourist District. Offered at $649,000.00 Bryan Saelens, Sales Representative bryan.saelens@colliers.com
60 acres Industrial Land available, located in the southern sector of the City of Thorold, only 25 minutes to U.S. Border. Hydro 1 right of way affecting approx. 1/2 acre and easements in favour of InterProvincial Pipeline & TransCanada Pipelines also affect the property. Offered at $2,900,000 Ralph Roselli, Sales Representative ralph.roselli@colliers.com
Profitable dog/car wash business now available for share sale. The business has been in operation for 10 years. Both locations feature a fleet card system and visa/interac and cash payment systems in the bay, dog wash, soft touch drive express and vacuum stations, fully updated wireless security. Offered at $1,495,000.00 Contact Bryan Saelens, Sales Representatives bryan.saelens@colliers.com
7301 LuNdy’S LaNe, NIagara FaLLS
1031 NIagara Street, WeLLaNd
18 KeeFer road, thoroLd
Land development opportunity containing approximately 1.62 acres on the tourist route to the heart of Niagara Falls. Proposed 8 storey, 91 unit condo development ground floor additional parking, plenty of parking to accomodate, pre-consulting with the City completed. Access to site from both Lundy’s Lane and Royal Manor Drive. Offered at $2,495,000.00 Ralph Roselli, Sales Representative ralph.roselli@colliers.com
5,800 sf free standing building available on busy Niagara St between Quaker & Merritt Rds. Office/ Showroom area comprising 2,150 sf with forced air heating & fully air conditioned. Rear shop areas comprises 3,650 sf with 6 drive in doors and radiant tube heating. Ceiling heights range from 9’ to 11’. Parking for over 200 vehicles. Offered at $1,400,000.00 Ralph Roselli, Sales Representative ralph.roselli@colliers.com
Industrial warehouse building with professional office in the heart of the Port Weller Industrial Area. Many permitted uses. Close to 20,000 SF and minutes from the QEW. 4 overhead doors of varying sizes - see Brochure. 17’ - 22’ Ceiling height. Large Fenced rear yard with outdoor storage available. Plenty of parking and truck turn around area.. Offered at $2,495,000.00 Greg Chew, Sales Representative greg.chew@colliers.com
120 WeLLaNd ave., St. CatharINeS
+/-1,420 to +/-4,762 sq. ft. retail units available. Located in walking distance to Downtown St. Catharines, Midtown Plaza is anchored by Giant Tiger and The Beer Store. With ample on site parking and quick, easy access to the QEW & 406 Highways. Offered at $12.00 psf/net Taylor Wilson, Broker of Record taylor.wilson@colliers.com
Brokerage appraisals ManageMent
4921 SaNN road, BeamSvILLe THIS SPRAWLING 10 ACRE LAKEFRONT PARCEL IS IRREGULAR IN SHAPE AND FEATURES ROLLING LANDSCAPE DOWNWARDS TO LAKE ONTARIO WITH APPROX. 143’ FRONTAGE OVERLOOKING THE LAKE. BUILD YOUR DREAM HOME OR WINERY .. OR BOTH WITH VIEWS OF THE TORONTO SKYLINE. YOU WILL HAVE A PRIVATE ENTRANCE OFF SANN ROAD. THE EXCESS ACREAGE ARE CLEARED FERTILE LANDS READY FOR NEW PLANTINGS. SELLER WILL SEVER PROPERTY AT ITS OWN EXPENSE. Offered at $3,000,000.00 Ralph Roselli, Sales Representative ralph.roselli@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.” 31
Own a Portfolio of Real Estate
Without the Hassles of Property Management. Investing in District REIT allows you to passively own a mixed portfolio of commercial & multi-residential properties, located in southern Ontario.
$10,000 Minimum Investment
Tax-Advantaged Structure
Registered Funds Eligible
Private REIT
Earn Cash Flow and Build Wealth Through Real Estate
DistrictREIT.ca | 1.833.308.REIT This advertisement does not constitute an offer of, or solicitation for, the purchase and sale of any securities. Investment in District REIT is open to qualifying investors only under District REIT’s offering memorandum. Any interested investors will be referred to a registered exempt market dealer. “Tax-advantaged” structure means that due to the ability of real estate owners (including District REIT) to deduct capital cost allowance (CCA) against income, taxes can often be reduced and/or deferred; unlike an interest bearing instrument, such as a bond or mortgage, which has no such offset available. In 2018 and 2019, 100% of District REIT’s distributions were treated as return of capital (Box 42 on a T3 Form) for tax purposes. There is no guarantee that this will be the case in the future. Please read the offering memorandum for complete details before investing.
Focused in Southern Ontario