Commercial Investor - March 27, 2021 by NextHome

Featuring: Commercial•Industrial•Franchise+Business Opportunities

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March 27–April 24, 2021 Volume 21 | Issue 4

Full Coverage Area Including: London • Kitchener • Niagara Falls • Hamilton • Toronto • Ottawa

ICIWORLD.COM INDUSTRIAL COMMERCIAL INVESTMENT RESIDENTIAL BUSINESSES

THE ICIWORLD ASSOCIATION OF REAL ESTATE BROKERS AND SALESPEOPLE

Community Homes for Opportunity • Triplex with Guaranteed Income • Turnkey Operation • SW Ontario

GLOBAL NETWORKING

• $1,500,000 CALL FOR DETAILS

LARGE AND SMALL APARTMENT BUILDINGS WANTED D TE AN W

D E T N A W

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

Motel - COMING SOON • • • •

12 rooms; 4 cottages 1 acre Sauble Beach $1,100,000

CALL FOR DETAILS

As a real estate investor, count on Pro Funds Mortgages to be your

dedicated financing partner.

Pro Funds Mortgages is a boutique brokerage that caters to real estate investors. Our team understands the diverse needs of investors and can offer tailored financing services to help you achieve your goals!

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1.844.228.7503

Offering Private & Institutional financing for all types of real estate. ✓ Multi Residential & Commercial

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✓ Construction & Development

✓ Cottages & Land

✓ 1 & 2 Mortgages

✓ Self Employed Investors

✓ Purchases & Refinances

✓ Bridge Financing

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Pro Funds Mortgages Brokerage License #12051 *Subject to satisfactory execution of all lender requirements and lawyer processing time. Financing dependant on approved credit (OAC). 2

Development/reDevelopment opportunity

CourtiCe oshawa townline

Property Description: 569 Townline Road North, Courtice ON L1E 2J4 Area: 12 acres (4.9 ha.) Frontage: 337.5 feet (102.87 m) Depth: 1320 feet (402.34 m) Shape: Rectangular – as shown Official Plan: Environmental Protection Current Zoning: Agricultural (A) and Environmental Protection (EP) Traffic/Daily Trips: AADT: 2019: 13, 905 2018: 12, 295 AADT – Annual Average Daily Traffic Source: Region of Durham

Features:

Large frontage allows for redevelopment into large scale executive home with potential for 2-3 more. Cleared area of 3-4 acres along frontage with back 8 acres of woodlot with trails - eligible for conservation land tax exemption. The last large but most desirable parcel on the current east side of Townline Road North between King Street and Pebblestone Road. Across from Margate Drive and bus stops. 6-7 new executive homes built in last few years proves the popularity of this location. 1.5 km to King and Townline shopping areas, 2-3 km to Harmony Supercenter, schools, nearby services. This is the property that many are waiting for. Be the one to get it.

Bids/Offers:

ljagoda22@gmail.com 3

Mazhar Roshan Sales Representative

905.929.9800 647.609.9463 905.574.6400

Direct GTA Direct Office

mazharroshan@sympatico.ca R J IV ED UST AT UC ED ED SE LL ER

HAMILTON

HomeLife Professionals Realty Inc.

BROKERAGE

I have qualified buyers for up to $5M in commercial and investment buyers. Call for details.

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.

18 ACRES OF LAND

Site of Proposed New Hospital

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.

Subject Land

2000 Sq. Ft. on lower level for storage.

Site of Proposed New Hospital

53 ACRES OF LAND

Subject Land

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.

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 905 929 9800

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

EXCLUSIVE LISTING

179-191 Queen Street, Port Perry SITE: 0.39 Acres RETAIL: 12,000 SF + RESIDENTIAL: 11 suites

33 Colborne Street, FENELoN FaLLS SITE: 25 x 114 RETAIL: 2,000 sf RESIDENTIAL: 3 suites MLS

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

• 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

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.

3397 WELLINGTON RD 35, PUSLINCH

$2,800,000

$27.50/SF

1 QUEEN ST N, KITCHENER

3 bedroom 4 bathroom, 2,660sf custom home on 45.5 acres. Newer 40'x40' heated workshop with 2 full size drive-in doors, large horse barn with 7 horse stalls, 3 horse paddocks, fully fenced riding area, 12.5 acres of workable land, 28 acres of bush. MLS.

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.

CALL RYAN BRIGGS

CALL NEIL KOEBEL

$3,200,000

1040 HURON RD, WILMOT

96.5 Acre Farm in Wilmot Township on the Kitchener Border. Built in 1880 this 2,872sf Stone Heritage Home with a horse barn, large workshop with mezzanine & single car garage. Property consists of 75 acres of workable cash crop, 16 acres of bush and 6.5 acres of cleared land. Many recent updates have been completed including steel roof w/50 year warranty, 200 amp electrical service. MLS.

CALL RYAN BRIGGS 191 KING ST S, WATERLOO

$27/SF

$18/SF

187 KING ST S, WATERLOO

2,405sf second floor loft-style office unit, available immediately. Various retail units also available. 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.

CALL DUNCAN MCLEAN

519.578.0337

$15/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.

CALL REBECCA RAWLINGS

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.

KITCHENER, ONTARIO

82 WEBER ST E, KITCHENER

CELL:

SIMCOE

$2,500,000

Apartment/Condo Land For Sale. Proposed 125 Unit apartment or condo development. Approx. 2 acres of mid-rise 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

519.741.6594

Neil@cmarealty.ca

CELL:

519.498.5775

Ryan@cmarealty.ca

CELL:

519.590.7997

Duncan@cmarealty.ca

INVESTMENT OPPORTUNITIES CBRE INVESTMENT TEAM

0 CAMERON STREET | BAYFIELD • • • •

4452 WELLINGTON RD. S. | LONDON

± 7.18 Acres Zoned Future Development Official Plan – Residential Asking $2,775,000

David Yanoshita* david.yanoshita@cbre.com +1 519 286 2020

Greg Harris* greg.harris@cbre.com +1 519 286 2011

21556 RICHMOND ST. | ARVA

• 100% occupancy • Brick and Beam in Downtown Kitchener • Close proximity to Via Rail Station and upcoming LRT Hub Transit Station

Randy Fisher** randy.fisher@cbre.com +1 519 286 2009

Todd Cooney** todd.cooney@cbre.com +1 519 340 2314

Larin Shouldice* larin.shouldice@cbre.com +1 519 286 2019

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

• Development Land along the Hwy 401 Corridor • 3 parcels available (3.37 Acres to 14.53 Acres) • Site serviced and development ready

David Yanoshita* david.yanoshita@cbre.com +1 519 286 2020

Kevin MacDougall** kevin.macdougall@cbre.com +1 519 286 2013

RESIDENTIAL DEVELOPMENT | WATERLOO

RETAIL/OFFICE INVESTMENT | ELMIRA

• ±7.3 acres with ±2.2 acres developable • Suburban Waterloo location and key retail amenities • Concepts yield 66 stacked towns

Joe Benninger* joe.benninger@cbre.com +1 519 340 2323

LONDON

• 23,389 SF located in downtown Elmira • Over $1,000,000 in renovations and capital expenditures • Asking $2,700,000

Martin Cote* martin.cote@cbre.com +1 519 340 2317

380 Wellington Street, Suite 30 +1 519 673 6444

100 AHRENS ST. W. | KITCHENER

• ±21.00 Acres • Zoned Associated Shopping Area Commercial (ASA 1, ASA 2, ASA 6, h-17) • Asking $9,300,000 ($450,000 per acre)

Joe Benninger* joe.benninger@cbre.com +1 519 340 2323

WATERLOO REGION

72 Victoria Street S., Suite 200 +1 519 744 4900

Dean Mariani* dean.mariani@cbre.com +1 519 340 2308

RESIDENTIAL DEVELOPMENT | PICTON • • • •

±20.7 Acres residential development land Inside settlement boundary Concepts yield 145 lots Desirable location in Prince Edward County

Martin Cote* martin.cote@cbre.com +1 519 340 2317

James Craig* james.craig2@cbre.com +1 519 340 2330

1125 TALBOT STREET | ST. THOMAS • • • •

5.64 Acres with 111,594 SF building footprint Ideal for Owner / User Zoned Employment Land Asking $5,900,000 ($53.00 PSF)

Randy Fisher** randy.fisher@cbre.com +1 519 286 2009

Larin Shouldice* larin.shouldice@cbre.com +1 519 286 2019

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 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

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 20

Tips on how to choose a group insurance plan for your small business

NEXT ISSUE:

Reserve funds are your condo’s insurance policy

ADVERTISING DEADLINE:

April 24, 2021 April 14, 2021

What you need to know at tax time Rental income tax obligations

REGIONS

Kitchener, Waterloo & Guelph ............. 10 Hamilton ............................................. 17 Greater Toronto Area.............................19

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

SALE

15 CEDAR STREET, KITCHENER

SALE

54 QUEEN STREET, KITCHENER

SALE

40,000 SQ FT RETAIL PLAZA, KITCHENER

ING M CO ON SO • 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

• Located in Downtown Kitchener • Buyer user potential to occupy building • 13,380 sq ft • $3,495,000

• Zoning approval in place to add residential units • Existing cash flow • Value add opportunity MLS

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

EXCLUSIVE

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

COMMERCIAL INVESTOR | Commercial Real Estate & Business Opportunities

March 27–April 24, 2021

KITCHENER/WATERLOO GUELPH & CAMBRIDGE

519.742.7000 www.coupalmarkou.com

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

61 ROY STREET, KITCHENER

MANITOU / FAIRWAY OFFICE SPACES, KITCHENER

LEASE

• 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

• Prime location at the corner of Regina St S and William St E • In heart of Uptown Waterloo in Waterloo City Centre • Unit Sizes Range • $14.95 - $17.95 / sq ft

LEASE

AVENUE EAST, LEASE 390 COURTLAND KITCHENER

MLS

65 ROY STREET, KITCHENER

MLS

N CO • Kitchener Core and steps from City Hall LRT • 1 On-site parking spot / unit, at an additional charge • 485-770 sq ft • $1,000 / Month / Unit Gross + Hydro

• Kitchener Core and steps from City Hall LRT • 1 On-site parking spot / unit, at an additional charge • 510-588 sq ft • $1,000 / Month / Unit Gross + Hydro 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

100 REGINA STREET SOUTH, WATERLOO

N ITIO

• Corner of Courtland Ave E and Borden Ave S • M-2 Zoning allows for a variety of permitted uses (subject to city approval) • 850 sq ft • $2,750 / Month Net 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

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

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

March 27–April 24, 2021

Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR

Tips on how to choose a group insurance plan for your small business A well-designed group benefits plan can offer significant advantages for your employees and your business. It can help you attract and retain top talent, promote a healthy work environment and differentiate your business from your competitors. “A group insurance plan can be a flexible and affordable way to enhance your total compensation package,” explains John Carinci, VP and head, operations and client experience, RBC Insurance. “Many Canadian employees identify their benefits plan as a key reason for remaining with their current employer. In fact, given the choice, 59 per cent of employees would prefer group benefits over a 10 per cent 12

salary increase.” Before choosing a group insurance plan, consider the following three tips: • Define your objectives – To identify whether you need a basic plan or a comprehensive plan, first identify your primary purpose for implementing a benefits package. The plan you choose may be different depending on whether your goal is to attract new talent, retain

COMMERCIAL INVESTOR | Commercial Real Estate & Business Opportunities

existing employees, or simply offer basic coverage. • Provide coverage your employees will use – Talk to your employees about their needs prior to selecting your group plan. By doing the research up front, you’ll avoid paying for features your employees won’t use, while also aligning the plan to your stated objectives. • Choose a plan that is a good fit for you and your employees – A good benefits package provides a benchmark level of coverage that meets the needs of your employees, at a cost that you are comfortable with. Prepare a list of questions for your advisor to ensure you are delivering the best solution possible. CI For more information, visit rbcinsurance. com/groupbenefits March 27–April 24, 2021

KITCHENER/WATERLOO GUELPH & CAMBRIDGE

www.teammilovick.com

519-745-7000

Grand Valley Realty BROKERAGE INDEPENDENTLY OWNED AND OPERATED

Unit 15C, 370 Highland Road West, Kitchener, ON N2M 5J9 | 519-745-8460

Mike Milovick B.B.A., CCIM, Broker mike@teammilovick.com

Jennifer Shingler

Sales Representative jenn@teammilovick.com

www.TeamMilovick.com

Invest in Ontario’s Number 1 Town Today! Subscribe: Latest KWC Real Estate News: www.FaceBook.com/TeamMilovick 177 WEBER STREET EAST, KITCHENER

77 ELM RIDGE DRIVE, KITCHENER

$649,900

Opportunity abounds! Renovated duplex in Downtown/ East Ward beckons for your immediate attention! Nearly $34,000 Gross Annual Income available here! Hi-lites: Updated kitchens with contemporary white cabinets. Modernized bathrooms. Carpet free. Newer vinyl windows, newer roof, newer furnace (2017). Upper unit has insulated, unfinished loft and its own electrical panel. This home is ideal for investor looking to get a deed in their name - in perennially one of the best rental /real estate markets in Ontario!

Dalibor Radulovic Sales Representative dalibor1@rogers.com

$624,900

City-approved, turn-key, duplexed bungalow in desirable Forest Heights beckons for your immediate attention! Has the cost of living in KW gotten you down? Search no longer - 77 Elm Ridge is your solution. Enjoy quality of life in the three bedroom main unit while receiving $1399 a month mortgage helper income from the lower unit. This is a smart acquisition for buyer looking to offset housing costs or buyer seeking multigenerational home or investor looking for a foothold in one of the best real estate/rental markets in Canada!

102 ALBERT STREET, WATERLOO

$899,900

This is NOT a drive by. Duplexed Neoclassical house located in the desirable MacGregor Albert Heritage Conservation area. With over 2900+ square feet and untapped potential in the partially finished, full ceiling height, basement. $63,000+ Gross Annual Income. A truly turnkey operation. Fire inspection, parking lot, and eavestroughs all done in 2021. Newer furnace, commercial grade water heater, washing machine/ dryer (2020). Don’t miss this positive cash flow opportunity with 20% down!

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.

DAYCARE WANTED We have a client looking to purchase an existing daycare or lease/purchase main ﬂoor building with space for outdoor play area that is already approved for daycare with appropriate Zoning and valid Record of Site in Waterloo Region.

March 27–April 24, 2021

D L SO ER OV

I ASK

In Brantford Time to Sell, Multi-Family Market is Red Hot. List with us now get up to $300K+ per apartment unit in Southwestern Ontario qualiﬁed pool of buyers ready to purchase!

Wanted Shovel Ready Development Land in Southwestern Ontario up to $10 Million depending on approvals.

Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR

KITCHENER/WATERLOO GUELPH & CAMBRIDGE

Coldwellbankercommercial.ca 508 Riverbend Drive, Kitchener

PETER BENNINGER REALTY, BROKERAGE

** Broker * Sales Representative

AVAILABLE FOR LEASE WATERLOO | RETAIL

MLS® 40056437

KITCHENER | RETAIL

ELMIRA | RETAIL/OFFICE

MLS® 30730857

MLS® 40051008

#2-150 WISSLER RD.

2880 KING ST. E.

1,000 SF | $21.00/SF Lester Tobin* x 3023

875 SF | $17.00/SF Chad Ritzer*

KITCHENER | OFFICE

MLS® 30769279

10 CHURCH STREET

2,000-8,551 SF | $9 -16/SF Chad Ritzer*

KITCHENER | RETAIL

KITCHENER | OFFICE

MLS® 40077281/40077300

388 KING STREET E.

100 HIGHLAND RD. W.

635-721 SF |From $2,200/Mo. James Boudreau** x 3020

982 SF | $13.00/SF James Boudreau** x 3020

BRIGHT | OFFICE

BRESLAU | RETAIL

MLS® 40063472

501 KRUG STREET

1,238 SF | $13.50/SF James Boudreau** x 3020 KITCHENER | MIXED USE

MLS® 30825733

MLS® 30828106

MLS® 40058957

1O TOWNSEND DRIVE

907168 TOWNSHIP RD.

1668 KING STREET E.

1,163 SF | $26.00/SF James Boudreau** x 3020

3,672 SF | $2,100/Mo. Lester Tobin* x 3023

600-2,800 SF | $8.00-$20/SF James Boudreau** x 3020

KITCHENER | INDUSTRIAL

MLS® 40022397

MLS® 30800402

MLS® 40078440

1770 KING STREET E.

61 MCBRINE PLACE

137 OTONABEE DRIVE

KITCHENER | OFFICE

860-6,900 SF | FROM $12.00/SF Chad Ritzer*

18,000 SF | $6.95/SF Chad Ritzer*

6,500 SF | $8.95/SF Chad Ritzer*

Each office is Independently Owned and Operated 14

COMMERCIAL INVESTOR | Commercial Real Estate & Business Opportunities

March 27–April 24, 2021

KITCHENER/WATERLOO GUELPH & CAMBRIDGE

Coldwellbankercommercial.ca 508 Riverbend Drive, Kitchener

PETER BENNINGER REALTY, BROKERAGE

** Broker * Sales Representative

INVESTMENT FOR SALE ELMIRA

WATERLOO

MLS® 30730819

MLS® 40038998

10 CHURCH STREET

52&54 LAUREL STREET

freestanding building 23,389 SF | $2,750,000 Chad Ritzer* WATERLOO

uptown multi family buildings | $1,495,000 Chad Ritzer*

KITCHENER

MLS® 30820239

109 OTTAWA ST. S.

Multi unit industrial

9,632 SF |0.50 Ac.| $1,925,000

Lester Tobin* x: 3023

MILDMAY

HANOVER

MLS® 40042859

MLS® 40059671

A203-151 FROBISHER DR. owner/user office 1,143 SF | $274,900 James Boudreau** x 3020

936 10TH STREET DEVELOPMENT LAND

19.93 Acres | $2,900,000 Eric Frey* x 3118

EXCLUSIVE DRAFT APPROVED

RESIDENTIAL SUBDIVISION

singles/townhomes/apartments

23 Acres | $3,200,000 Eric Frey* x 3118

BUSINESS FOR SALE WATERLOO

KITCHENER

MLS® 40048855

MLS® 30809771

MLS® 40041341

Business Only

75 KING STREET S.

1,390 SF | $250,000 James Boudreau** 3020

#5-935 FREDERICK ST.

2,332 SF | $150,000 James Boudreau** x 3020

#1-3101 KINGSWAY DRIVE 1,600 SF | $199,000 Lester Tobin x 3023

Each office is Independently Owned and Operated March 27–April 24, 2021

Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR

Owners have the right to review the reserve fund study by asking the corporation for a copy. When you purchase a unit, a copy of the most recent reserve fund study is included with the status certificate.

Reserve funds are

Your condo’s insurance policy BY JACQUELINE MONETA JD AND JAYSON SCHWARZ LLM

All condominiums are required to have a reserve fund under the Condominium Act. A reserve fund is a special account, separate from the condominium’s operating fund, and it is used to pay for major repairs and replacements to the condominium’s common elements. A portion of every common expense fee is deposited into the reserve fund monthly. The reserve fund is intended to act like an insurance policy, to ensure that the corporation has enough money to cover future repairs. WHEN CAN YOU DIP INTO THE RESERVE FUND? The reserve fund can only be used to pay for major renovations or repairs; this includes replacement and non-routine repairs of common elements and assets of the condominium. If condos didn’t have reserve funds, or their reserve funds are depleted, they would need to 16

raise large amounts of money from the owners when major repairs are required. This lack of funds most frequently results in a special assessment.

THE RESERVE FUND STUDY A reserve fund study determines how much money needs to be in the fund to ensure the repairs will be covered

COMMERCIAL INVESTOR | Commercial Real Estate & Business Opportunities

in the future. The study is usually prepared by an engineer and includes both a physical assessment of the condominium and a financial plan during the first year of the condominium corporation, then every three years.

THE STUDY WILL COVER: • All parts of the building that need repair or replacement (ex. windows, balconies) • Estimates when the repairs and/or replacements are expected to occur • Estimates of the cost of each expenditure in each year • A recommended reserve fund contribution amount • Recommended increases in reserve fund contributions for the following three fiscal years. It is important to note that the reserve fund study is based on assumptions and educated guesses. These estimates may fall short in the following circumstances: March 27–April 24, 2021

HAMILTON

• Poor maintenance decisions can result in your condominium having to replace components earlier than expected • Emergency repairs or replacements • Postponed expenditures

THE OWNERS’ PERSPECTIVE All previous and current owners have contributed to the reserve fund. That’s because every owner who received the benefits of common elements, including the lobby, hallways and elevator, shares the responsibility of the replacement costs. Long term, as an owner, your unit will fetch a higher asking price if your property is wellmaintained and the reserve fund is healthy. Owners have the right to review the reserve fund study by asking the corporation for a copy. When you purchase a unit, a copy of the most recent reserve fund study is included

with the status certificate. As an owner, it’s important to be mindful that the reserve fund balance will fluctuate from year to year. In some years, the fund’s balance is high. After planned expenditures, the fund’s balance may be depleted. It’s

important to look at the situation holistically, ask about recent repairs and plans for upcoming projects at board meetings. Much like insurance, a healthy reserve fund is an invaluable tool in the condominium’s arsenal. CI

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

March 27–April 24, 2021

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COMMERCIAL INVESTOR | Commercial Real Estate & Business Opportunities

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

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eMaIl: MatThelandFinder@gmail.com dIRect: ect 416.509.3036 offIce: 905.773.8000 ect:

mschuler@cbci.ca | d 289 291 5067 | c 416 274 7467 MICHAEL SCHULER, Senior Vice President & Partner

GREATER TORONTO AREA

Luxury 6 PLex OakviLLe

FOR SALE 5.2 Acres Approved Commercial Land

In the HEART of Midtown Oakville - steps to the GO Station Over Improved property with 6 Luxurious Suites in a Ravine Setting All Suites Porcelain Flooring, European Bathrooms, Gourmet Kitchens

Live in Yourself and have other pay your expenses!! Lorenzo Digianfelice (416) 907-8281 - ldigianfelice@cfrealty.ca

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

Sale Price $1,990,000 (Financing available)

35 The Links Road #201, Toronto ON, M2P 1T7 416-972-9220

Call Ed Bain 416-836-7686 (email) slandcorporation@yahoo.ca

SUMMA PROPERTY MANAGEMENT

Professional Property Management & Consulting In the Property Management Industry since 1984.

Our superior service includes managing multi-unit Residential/Commercial/ Retail/Industrial/Condominium properties. No Condominium Corporation is too small to be professionally managed! We also manage and rent Condominium investment units. We abide by all Covid-19 regulations.

647.341.7990

www.summapm.com March 27–April 24, 2021

propman@summapm.com Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR

What you need to know at tax time

Rental income tax obligations If you earn income from one or more properties that you own alone or with someone else, the money collected from these activities is taxable and you are required to report it. RENTAL INCOME INCLUDES INCOME FROM RENTING: • houses • apartments • rooms • space in an office building • other real or movable property

REPORTING RENTAL INCOME: RENTAL OR BUSINESS Income earned from renting out property is considered by the Canada Revenue Agency (CRA) to be either rental income or business income, depending on the

COMMERCIAL INVESTOR | Commercial Real Estate & Business Opportunities

March 27–April 24, 2021

duration of the rental and the types of services included in the rental agreement. In most cases, rental income means you are being paid to rent space and provide basic services only. These include heat, light, parking, and laundry facilities. If you provide additional services to tenants, such as cleaning, security, and meals, you may be carrying on a business. The more services you provide, the greater the chance that your rental operation is a business.

CURRENT EXPENSES VERSUS CAPITAL EXPENSES Keep track of all your expenses related to your rental property as these may be deductible, but there are different kinds of expenses. Current or operating expenses that are short term and associated with maintaining a property can be claimed entirely for the year you made them in. Capital expenses can be amortized, or spread out, over several years and generally provide a longer-lasting benefit or improve the value of a property.

KNOW THE DIFFERENCE BETWEEN A CURRENT AND A CAPITAL EXPENSE: Criteria: Does the expense provide a lasting benefit? Capital expense: Generally, there is a lasting benefit or advantage. For example, the cost of putting vinyl siding on the exterior walls of a wooden house is a capital expense. Current expense: The expense usually recurs after a short period. For example, the cost of painting the

March 27–April 24, 2021

exterior of a wooden house is a current expense. Criteria: Does the expense maintain or improve the property? Capital expense: The cost of a repair that improves a property beyond its original condition is probably a capital expense. If you replace wooden steps with concrete steps, the cost is a capital expense. Current expense: An expense that simply restores a property to its original condition is usually a current expense. For example, the cost of repairing wooden steps is a current expense. Criteria: Is the expense for a part of the property or for a separate asset? Capital expense: The cost of replacing a separate asset within a property is a capital expense. For example, buying a refrigerator to use in your rental operation is a capital expense because a refrigerator is a separate asset and is not a part of the building. Current expense: Repairing a property by replacing one of its parts is usually a current expense. For instance, electrical wiring is part of a building. Therefore, an amount you spend to rewire is usually a current expense, as long as the rewiring does not improve the property beyond its original condition. Criteria: Is the expense for repairs to the used property that you acquired made to put it in a suitable condition for use? Capital expense: The cost of repairing used property you acquired to put in a suitable condition for use

in your business is considered a capital expense even though in other circumstances it would be treated as a current operating expense. Current expense: Where the repairs were for ordinary maintenance of a property you already had in your business, the expense is usually current. Criteria: Is the expense for repairs made to an asset in order to sell it? Capital expense: The cost of repairs made in anticipation of selling a property, or as a condition of sale, is regarded as a capital expense. Current expense: Where the repairs would have been made anyway, but a sale was negotiated during the course of the repairs or after their completion, the expense is considered current.

OTHER CONSIDERATIONS WHEN EARNING RENTAL INCOME In addition to claiming your income and deducting allowable expenses, other considerations could impact your tax situation. For example, if you own a newly constructed or substantially renovated residential rental property, you may be eligible for a rebate. If the expenses you incur to earn rental income are more than your gross rental income, you can deduct your rental loss against your other sources of income. However, you cannot deduct any amortization/depreciation on your rental property if you are already in a rental loss position. You also cannot deduct a rental loss if you rent to a family member below fair market value. Learn more. Visit canada.ca. CI

Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR

GREATER TORONTO AREA

Victoria Kirk Carter Rickman BROKER

MOVEYOU

SALES REPRESENTATIVE Percy Fulton Ltd.

d: 647.697.7413 e: TwoMoveYou@gmail.com 185 STATION Road S, Grafton | $4,750,000

205 ACRES (185 + 20 Acres) Of Farm Land For Sale. STUNNING Lake Ontario Views. Includes 5 Man Made Ponds, Park Like Settings, 3 Road Frontages. 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

✓ Office And Medical Buildings ✓ Special Purpose Properties • Gas Stations, Hotels, Churches, Mosques, Retirement and Nursing Homes, Self-Storage and Student Residences and more.

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 22

COMMERCIAL INVESTOR | Commercial Real Estate & Business Opportunities

March 27–April 24, 2021

GREATER TORONTO AREA

NICHOLAS SIDER CPA, CGA SALES REPRESENTATIVE

(647) 668 - 5467 nsidercpa@gmail.com 1396 Don Mills Road, B121 Toronto

FOR SALE | $6,000,000

294 ONTARIO ST., TORONTO Beautiful Art Deco Building, 6 Identical Appartments, 2 Terraces, 4 Balconies, 6 Parking Spaces, Roof (2015 With Warranty), Hardwood Floors FOR SALE | $2,100,000

1728 EGLINTON AVE W, TORONTO

FOR LEASE | $25/SQUARE FEET

End Unit Main Floor Only. Basement Unit Self-Contained And Rented Separately. Great Location With High Traffic Neighbourhood. Future Eglinton West Lrt Subway Station Coming Soon. Minimum 5 Year Lease.

Cindy Wen

647.204.5336 ccwen008@yahoo.com www.TorontoHomeBuySell.com

R E A L E S TA T E B R O K E R

TOP PRODUCER

Providing Client Guarantee Services: Offer Our Sellers: GUARANTEED HOUSE SOLD program, free property evaluation, free home staging consultation. Offer Our Buyers: Guaranteed stress-free experience, free home buyer consultation, best suitable mortgage solutions.

Remax Crossroads Realty Inc., Brokerage Office 416.491.4002

$390,000 BRAND NEW WATERLOO 1 BEDROOM CONDO

Occupancy this Summer. Worry-free Investment. 2 years Rental Guaranteed and Free Maintenance. Call Realtor Cindy 647-204-5336

March 27–April 24, 2021

333 DANFORTH AVE., TORONTO Location, Location, Location. Retail Store & Upstairs Apartment. Upstairs Apartment Is Month To Month. Tenants Pays For Own Hydro Use.

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.

ATTENTION INVESTOR OR DEVELOPER

GTA Commercial Plaza and Apartment Building for Sale . Call Realtor Cindy 647-204-5336

647.580.6811

We help investors to lease and manage residential and commercial property all over in GTA

NEW PICKERING TOWNHOUSE FROM 600K

Call Realtor Cindy 647-204-5336

MARKHAM AND RICHMOND HILL

New Houses with Coach House Design. Best Investment, Buy One Get 2. Call Realtor Cindy 647-204-5336

Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR

GREATER TORONTO AREA SELLING REAL ESTATE FOR OVER 31 YEARS

Platinum Award Winner

Bill Morrison SALES REPRESENTATIVE

Direct:

905-619-9500

Toronto line: 416 798 7278 Email:

PLEASE CALL ME TODAY! I NEED APARTMENT BUILDINGS ANYWHERE IN THE GTA. HAVE BUYERS! BOWMANVILLE

Location Location, Fantastic Opportunity 41 Acres on Taunton Rd At The New Ramps Of Hwy 418. Beautiful Executive Home and Great Detail. Business Opportunity with Approved Zoning For Driving Range, Mini Golf And 2400 Sq for Shop & Restaurant. Ready To Be Developed And For Potential Future Estate Home Development.

WHITBY

• Investment in the Heart of Downtown Whitby. • 3-Story building consists of 2 retail stories, 2 -2 bedroom, 1 -3 bedroom apts. • Roof and all windows have been replaced • Busy location

Heritage Realty Inc., Brokerage Independently Owned and Operated

morrisonb@sutton.com OSHAWA

• • • • •

All tenants paying rent in this recession. Proof medical/dental/profession building Downtown Oshawa High demand building with mix of long-term tenants 7% Cap Rate

COURTICE

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%.

OSHAWA • Nice 6 unit well maintained building • 4- 2 Bedroom, 2- 1 Bedroom • Minutes to Hwy 401

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

COMMERCIAL INVESTOR | Commercial Real Estate & Business Opportunities

March 27–April 24, 2021

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

EX. FH EX . L S

54'-9"

EX. FH

G LO

INDUSTRIAL 10,656.36 m2 (114,704 sqft)

55'-9"

45'-5"

58'-0"

45'-5"

GARB. RM.

B 25

37'-9"

I1 2,104SF

55'-9"

45'-5"

EX . L S

58'-0"

45'-5"

37'-9" 37'-9"

45'-4"

GARB. RM.

I1 I2 2,104SF 2,104SF

45'-5"

37'-9" 37'-9"

45'-5"

I2 I3 SF SF 2,104 2,104

45'-5"

82'-8"37'-9"

45'-5"

I3 I4 4,241SF 2,104SF

I5 7,609SF

I17 SF 2,034 33

44'-3"

45'-4"

SOLD SOLD

I5 7,609SF

I6 7,929SF

45'-5"

I6 7,929SF

45'-5"

I7 7,929SF

45'-5"

I7 7,929SF

45'-5"

I8 7,929SF

45'-5"

I8 7,929SF

45'-5"

I9 7,929SF

45'-5"

I9 7,929SF

45'-5"

I10 7,929SF

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"

45'-11"

82'-8"

I19 I20 2,034 2,113SF

11'-5"

45'-11"

SPRK./ MECH RM.

11'-5" 44'-10" 44'-3"

GARB. RM.

SOLD SOLD

I4 4,241SF

I20 2,113SF

44'-10"

GARB. RM.

SPRK./ MECH RM.

54'-9"

20'-8"

B 3

EX. FH

www.remaxgoldrealty.com 25

EX. FH

www.remaxgoldrealty.com

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

VERY RARE VERY RARE FIND FIND

COMMERCIAL OPPORTUNITIES SOUTHWESTERN ONTARIO

OFFICE/LIGHT INDUSTRIAL

OFFICE BUILDING

DEVELOPMENT LAND

OFFICE BUILDING

12 Gilbertson Dr, Simcoe, ON

869-871 Dundas St, London, ON

County Hwy 81 (PIN 096160374), Twp. of Adelaide Metcalfe, ON Asking: $3,500,000

230 Christina St N, Sarnia, ON

Asking: $4,400,000

• Free-standing office and light industrial/warehouse building 100% leased to two quality Tenants • Building Area: Approx. 63,266 SF total

Asking: $1,100,000

• Landmark free-standing building for sale in Old East Village • Building Area: 5,180 SF Total • Site Area: 0.180 acres • Taxes: $12,295.32 (2020)

• Site Area: 0.55 acres Two parcels being sold together

• Parking: Approx. 8 spaces plus detached garage

• Zoning: ML - Light Industrial & HL - Hazard Land

• Zoning: HER/BDC(17)

• Gross Income: Just over $300,000/yr.

Tyler Desjardine* 519 438 5403

tyler.desjardine@cushwakeswo.com

Jameson Lake* 519 438 8548

• Landlord can demise the building into various configuration and sized units • Zoning: OFFICE PARK COMMERCIAL (C3) ZONING could suit a variety of medical and office uses

Jameson Lake* 519 438 8548

jameson.lake@cushwakeswo.com

• Contact Listing Agents for full information package

• Site Area: Approx. 0.199 Acres

Andrew Johnson* 519 438 8639 Brent Rudell*** 519 438 5608

• Zoning: Zoning: DI • Taxes: $34,003.28 (2020)

Andrew Johnson* 519.438.8639

brent.rudell@cushwakeswo.com

andrew.johnson@cushwakeswo.com

INVESTMENT OPPORTUNITY

317 Horton St E, London, ON

323 Horton St E, London, ON

*Conceptual rendering

Asking Rent: $12.00 PSF Net • Additional Rent (2021): $6.00 PSF * Inclusive of building insurance and property taxes

• Total Building Area: Approx. 11,708 SF total

andrew.johnson@cushwakeswo.com

11 St Johns Drive, Arva, ON

• 4,000 SF - 11,921 SF available

• Zoning: Corridor Commercial (CC) Zone

• Taxes: $1,020.88 (2020)

Will Stanton* 519 670 9353

FREE-STANDING OFFICE/MEDICAL BUILDING

*Conceptual rendering

• Services at lot line

• Site Area: Approx. 23.33 acres

jameson.lake@cushwakeswo.com

will.stanton@cushwakeswo.com

Asking: $950,000

• Spacious free-standing building with excellent exposure to Christina St N and George St in downtown Sarnia adjacent to Bayside Mall & Sarnia City Hall

Asking: $399,900

Asking: $799,900

• Building Area: 3,000 SF total

• Building Area: 7,300 SF total

• Zoning: AC4

• Taxes: $1993.59 (2019)

• Taxes: $16,633.24 (2019)

• Site Area: 0.118 Acres

• Site Area: 0.256 Acres

» Garage Spaces: 3

• Roof: Pitched with shingles

» Driveway Spaces: 60

• Parking: Plenty on-site

• Roof: Front section pitched with shingles and flat roof on rear section

• Leasing incentives available for qualified tenants • Large private offices and various open areas • Parking: Ample available on-site

» 19’ x 71’ attached drive through garage

• Excellent potential Net Income and Gross Income • Daily traffic volumes of over 24,500 vehicles per day

Andrew Johnson* 519 438 8639

andrew.johnson@cushwakeswo.com

• Parking: Plenty on-site • Preliminary site plan available

Tyler Desjardine* 519.438.5403

tyler.desjardine@cushwakeswo.com

519 438 5588 www.cushwakeswo.com 620A Richmond St, 2nd Floor, London, Ontario N6A 5J9 *Sales Representative **Broker ***Broker of Record ©2021 Cushman & Wakefield Southwestern Ontario, Real Estate Brokerage, Independently Owned and Operated. A Member of the Cushman & Wakefield Alliance. This information has been obtained from sources believed to be reliable but has not been verified. No warranty or representation, express or implied, is made as to the condition of the property (or properties) referenced herein or as to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). Any projections, opinions or estimates are subject to uncertainty and do not signify current or future property performance. All rights reserved.

George Gicopoulos

Sean Gicopoulos

Sales Representative Business-Commercial Sales and Leasing

Sales Representative Investments And Residential

ggicopoulos@gmail.com

Cell 519-852-4458 BRANTFORD FRANCHISE FAMILY RESTAURANT

COMMERCIAL CANADA INC

WE MADE THE SWITCH TO EXP., MAYBE YOU SHOULD TOO!

• A-1 Location • 2 Side by side 12 Unit

• Same owner over 20 years • In good condition, about 170 seats • Pre-covid sales in access of 2 mil with great profits • Great long term lease w/ample parking

apartment buildings

• 10-2 Bedrooms 1

Bachelor and 13 One Bedroom • Gross Income in the $255,000 per year • Principles only please

5% Cap on Gross Income

$295,000 • Convenience/variety

• Great property in the middle of Stirling where Mill Front and North Street meet • 1800 sq ft. former Macs Milk with all chattels in place

Cell 519-852-4426

GREAT LONDON INVESTMENT

• Great operation

STIRLING ON FOR SALE/LEASE

seangic@gmail.com

BAR/RESTAURANT BILLIARDS • About 9,000 sq ft. • Intersection of Hwy 24

& Hwy 8, Cambridge

• 13 pool tables, patio

plus approved off track betting licence • Good Lease

$379,000 or $2,500/month rent

LONDON FRANCHISE BAR & GRILL • Renovated and in top condition • Sales well above 3 mil with great profits • Licenced for 187 inside plus 47 on patio • Free standing with plenty of parking • Long term lease w/renewals

Asking $825,000 GREAT SMALL TOWN INVESTMENT • 2,400 sq ft free standing building with about 12 parking spots • Corner of two HWYS signalized intersection • Triple A Tenant has been there for many years • Net Rent of $33,600 per year

$675,000

Only $479,000

H A M I L T O N

Mazhar Roshan Sales Representative

905.929.9800 647.609.9463 905.574.6400

Direct GTA Direct Office

mazharroshan@sympatico.ca HAMILTON

HomeLife Professionals Realty Inc.

BROKERAGE I have qualiﬁ ed buyers for up to $5M in commercial and investment buyers. Call for details.

18 ACRES OF LAND

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.

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.

M RED JUS O T SE TIV UCE LL AT D ER ED !

Well established high volume Canada post Franchise business available for sale For more inquiries please call Mazhar Roshan at

905 929 9800

BURLINGTON FOR LEASE

2000 Sq. Ft. on lower level for storage.

“My Business is to Sell Your Business” 27

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

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.

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.

An Approach to to An Instrumental Instrumental Approach Building Your Your Credit Building EasySteps Steps 99Easy PRO FUNDSMORTGAGES MORTGAGES BYBY PRO FUNDS You find theperfect perfectproperty, property,put putininan anoffer, offer, and and learn learn that that it You find the it has been conditionally accepted. Things are looking up! Next, has been conditionally accepted. Things are looking up! Next, you yourmortgage mortgagebroker brokerfor forfinancing. financing. Unfortunately, Unfortunately, you gogototoyour 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 a Mortgage Brokerage, we like to educate our clients on the importance of maintaining a healthy credit score clients on the importance of maintaining a healthy credit score before you start the search for your dream 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 that you are building and maintaining that desirable credit score lenders are looking for. That way you’ll be set up for success score lenders aretime looking for.on That you’ll setwe upoutline for success when it comes to sign the way dotted line.be Here nine when comes signyour on the dotted line. Here we outline nine waysit that youtime can to boost credit score.

1. 1. Pay Payyour yourbills billson ontime. time.

Promptly that youyou Promptly paying payingyour yourbills billsdemonstrates demonstratestotolenders lenders that are credit worthy. By paying all bills on time (including but notnot are credit worthy. By paying all bills on time (including but 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 Call 1.844.228.7503 for more! Additional Takeaway Call 1.844.228.7503 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 on report signifies onean thing: too many hard inquiries. A your hard credit inquiry is signifies one thing: too many hard inquiries. A hard inquiry is what appears every time a credit company pulls your what appears every time ca credit company pulls your score. Too many inquiries an raise a red flag, since it score. Too many inquiries c an raise a red flag, since it may look like you’ve overextended yourself credit-wise or are may look like you’ve overextended yourself or are being declined on multiple credit requests. Thiscredit-wise could be the beingif you declined onshopping multiple for credit requests. Thisfor could be the case are rate a new mortgage example.

case if you are rate shopping for a new mortgage for example. Additional Takeaway Call 1.844.228.7503 for more! Additional Takeaway Call 1.844.228.7503 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

ways that you can boost your credit score.

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. 30

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 Call 1.844.228.7503 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 Call 1.844.228.7503 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 Call 1.844.228.7503 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 Call 1.844.228.7503 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 Call 1.844.228.7503 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 Call 1.844.228.7503 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 Call 1.844.228.7503 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! 1.844.228.7503 | info@ProFunds.ca | 3410 South Service Rd., Ste. 200, Burlington ON | #12051

ProFunds.ca 31

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