September 1 - 29, 2018, Volume 18 Issue 09
INCORPORATING FRANCHISE AND BUSINESS OPPORTUNITIES Full Coverage Area Including Windsor, Hamilton, Toronto, Niagara Falls, Kingston and Ottawa! APARTMENT BUILDING FOR SALE $1,500,000
• 18 unit apartment building in Mitchell • Located in residential area – nice greenspace • Tenants pay hydro, low vacancy • MLS X4159823
GLENN TRACHSEL Tel: 519-276-2352 Email: rentman@golden.net
Global Brokers Internet Advertising
HOTEL - STRATFORD - $8.9 MILLION
180 Room, Full Service Hotel situated on approx. 20 acres, known as “The Festival Inn” on busy Ontario Street, (Hwy. 8) in Stratford. The Hotel features 180 guest rooms, 2 large meeting rooms, restaurant, lounge, business centre, indoor pool, whirlpool, sauna, and fitness room. ASKING $8,900,000 FOR FURTHER INFO, CONTACT: WINSTON DAVIES, BROKER OF RECORD, WINCORP REALTY INC., REAL ESTATE BROKERAGE GUELPH, ONTARIO TEL: 519-836-2080 EMAIL: wjmdavies@rogers.com
10 UNIT MULTI-RESIDENTIAL $1,199,000 ST. CATHARINES, ON / 6,600 SQ. FT.
NATIONAL REAL ESTATE INFORMATION LISTING SERVICE
www.nreils.com
Free to Search Everyone can search within 5 seconds
ICIWorld.com iciworld.mobi All Mobile Devices Install The ICIWorld App
FREE SUBSCRIPTION!
Clean, well maintained, investment property centrally located to downtown St. Catharines, QEW, shopping, transit and parks. This converted mansion offers loads of original character, hardwood floors, and high ceilings. Coin operated laundry in basement. All units above grade with stoves and refrigerators. 5 x 1 BR, 3 x 2 BR, and 2 x Bachelor units. Many long term tenants. Large lot with room for 15+ cars. Office space for owner/manager also available in basement. Coldwell Banker Commercial, Integrity Real Estate Inc., Brokerage HANEM HAMOUDA, Sales Representative EMAIL: hhamouda@cbci.ca | PHONE: (416)414-9320
Get The Commercial Investor delivered directly to your door! See inside for details
FC_3118 (COM)
6-214-4875 41
75% EXCLUSIVE Real Estate Opportunities
FOR SALE
NEW LISTING FOR LEASE - ASKING PRICE: $23 PER SQFT.
LOCATION!! 3136 Square Foot stand alone building at Spartan Square Plaza in Stoney Creek. Former Tim Horton location currently set up for a restaurant use with drive thru. Many different uses available. Located along busy Highway #8 on the Spartan Square Plaza property. On a corner lot with 2 road frontages and signalized intersection. Other major tenants on site are Home Hardware and Subway. With walking distance to 3 schools (2 secondary, 1 elementary). Landlord willing to provide Tenant Allowance. Call Listing Broker for further details. 2718_DJW_0035
COMMERCIAL CONDO UNIT FOR SALE
AVAILABLE IN HAMILTON Main floor office space available along busy Main St. E. near St. Peter’s Hospital. This art deco two story office building provides the right professional look for your business. The site provides great exposure to Main St. E., plenty of parking and bright open office space. The space is currently laid out with numerous offices with a large reception and waiting room, along with a large board room, kitchen, washrooms, and file storage. The partial basement is available for additional space for offices or storage. Please call listing broker for further details. 4717_DJW_0034
FOR SALE
COMMERCIAL RETAIL DEVELOPMENT LAND – RETAIL DEVELOPMENT SITE AVAILABLE, 12 ACRES, ZONED C6, LOCATED ON A HARD SIGNALIZED CORNER, GREAT FOR GAS, CONVENIENCE, HOTEL, RETAIL PLAZA. LOCATED SOUTH OF HAMILTON IN UPCOMING COMMUNITY NEAR HAMILTON AIRPORT. ASKING $10 MILLION.
ATTENTION LAND OWNERS
FUTURE DEVELOPMENT LAND
Almost 50 acres of future development land Located South of Hamilton bordering Urban area. Asking Price is $26,250,000 Listed exclusively 1917_DJW_1_0026
BRAND NEW RETAIL SITES
WE NEED DEVELOPMENT LAND PLEASE CALL US Brand New Commercial Condo unit for resale, located in the new waterfront community in Grimsby on Winston Rd. 1100 sq. ft. of space, completely unfinished. Call for more details.
FOR LEASE – New Retail Development located between Brantford and Paris along busy route. National tenant on site. Pad Site available. Inline retail units available. Call for further details.
3118_DJW_0032
OFFICE / INDUSTRIAL UNITS FOR LEASE
3118_DJW_8031
NEW LISTING – HAMILTON INVESTMENT
NEW LISTING FOR SALE - ASKING PRICE: $439,900
D L O
IN STONEY CREEK
LD
Great Stoney Creek location at 589 Barton St. 2 units available - Main level office/industrial unit at 2200 sqft. and 2nd floor professional office space at 2500 sqft. Main Level built out to 90% offices, with board room, baths, kitchen, rear roll up door. 2nd floor office space built out to 100% offices with reception, bath, and kitchen. This high traffic location has quick access to the QEW. Well maintained 1917_DJW_2_0011 building with lots of successful tenants.
SO
Great corner building FOR SALE along the busy King St. E. corridor in the neighbourhood shopping district. Lots of exposure, bright open store front, with street side parking in front. Fully finished 3118_DJW_0033 basement. Call us for more details.
Nicholas Kazan, Royal LePage Macro Realty, Brokerage Independently owned and operated
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Broker, CCIM kazan@redhillgrp.ca Office 905.574.3038
S
Commercial condominium unit by Branthaven Homes! Commercial/ Retail/ Office Condo approximately 1050 Sq Ft in size with QEW exposure along North Service Rd in Grimsby just West of Casablanca Blvd. Strategically situated surrounded by high density residential development. Built out as the builders Design Centre with high quality finishes of the kitchen, bathroom, office and reception area. Call Listing Agent for information. 2718_DJW_0034
Nicolas von Bredow, Broker, CCIM nvbredow@redhillgrp.ca Office 905.574.3038
Not intended to solicit Properties or Buyers Currently Under Contract
www.redhillgrp.ca
AVAILABLE
INVESTMENT OPPORTUNITIES
SOUTHWESTERN ONTARIO INVESTMENT TEAM
MULTI-TENANT OFFICE INVESTMENT Brantford, Ontario + + + +
36 fully furnished suites (4&5 bedrooms) Concrete building circa 2014 100% occupancy for upcoming 2018/19 term. Asking $17,000,000
James Craig* 519 340 2330 james.craig2@cbre.com
Martin Cote* 519 340 2317 martin.cote@cbre.com
+ Fully leased 18,800 sq. ft. office investment & 3.13 acres of prime development land + Located in the desirable Sportsworld node + Quick access to Highway 8 and Highway 401
+ + + +
Mitchell Blaine* (519) 340-2309 mitchell.blaine@cbre.com
Brook Handysides* 519 946 3030 brook.handysides@cbre.com
SUPERIOR RETAIL INVESTMENT London, Ontario + + + +
Brook Handysides* 519 946 3030 brook.handysides@cbre.com
+ ±13,798 sq. ft. plaza anchored by freestanding Tim Hortons + Offers additional development behind Tim Hortons + Well located in the core of Dorchester
COMMUNITY INFILL DEVELOPMENT SITE London, Ontario
+ ±2.0 acres net + Development concept yields 24 cluster towns + $1,500,000 ($62,500/unit)
London 380 Wellington Street, Suite 30 N6A 5B5 T 519 673 6444 F 519 673 6948
+ + + +
One of a kind opportunity ±162.26 ACRES Mix of residential and commercial uses Modified Tender, offers to be submitted by Oct. 5 ‘18
David Yanoshita* 519 286 2020 david.yanoshita@cbre.com
Two property, 86,916 SF | 100% occupied portfolio Long-term leases with Goodlife Fitness No financing to assume Located in affluent areas of Windsor & Tecumseh
Brad Collins* 519 946 3034 brad.collins@cbre.com
76-UNIT MULTI-RESIDENTIAL London, Ontario + + + +
3.5 storey walk-up Desirable neighbourhood, close to downtown Upside potential Bids to be submitted on Thursday Sept. 13, 2018
Kevin MacDougall** 519 286 2013 kevin.macdougall@cbre.com
Joe Benninger* CCIM 519 340 2323 joe.benninger@cbre.com
TOWNHOUSE DEVELOPMENT SITE Wellesley, Ontario
Martin Cote* 519 340 2317 martin.cote@cbre.com
Chris Kotseff* (519) 340-2321 chris.kotseff@cbre.com
THAMES CENTRE PLAZA Dorchester, Ontario
Irreplaceable location along Wellington Road 3.279 Acres with land leased to Best Buy Shadow anchored by White Oaks Mall Stable income with quality tenant
Kevin MacDougall** 519 286 2013 kevin.macdougall@cbre.com
PRIME GOODLIFE FITNESS LOCATIONS Windsor/Tecumseh, Ontario
INVESTMENT OPPORTUNITY Kitchener, Ontario
David Cousins* 519 286 2006 david.cousins@cbre.com
Waterloo Region 72 Victoria Street S., Suite 200 N2G 4Y9 T 519 744 4900 F 519 571 9315
HIGH RISE REDEVELOPMENT SITE Cambridge, Ontario + 1.7 acres of commercial residential land + Close proximity to planned stage 2 ION Light Rail Transit Cambridge Terminal + Located across the river from the Gaslight District
Mitchell Blaine* (519) 340-2309 mitchell.blaine@cbre.com
Windsor 3200 Deziel Drive, Suite 110 N8W 5K8 T 519 252 4095 F 519 252 7554
Chris Kotseff* (519) 340-2321 chris.kotseff@cbre.com
www.cbre.ca * Sales Representative ** Broker
This disclaimer shall apply to CBRE Limited, Real Estate Brokerage, and to all other divisions of the Corporation; to include all employees and independent contractors (“CBRE”). The information set out herein, including, without limitation, any projections, images, opinions, assumptions and estimates obtained from third parties (the “Information”) has not been verified by CBRE, and CBRE does not represent, warrant or guarantee the accuracy, correctness and completeness of the Information. CBRE does not accept or assume any responsibility or liability, direct or consequential, for the Information or the recipient’s reliance upon the Information. The recipient of the Information should take such steps as the recipient may deem necessary to verify the Information prior to placing any reliance upon the Information. The Information may change and any property described in the Information may be withdrawn from the market at any time without notice or obligation to the recipient from CBRE. CBRE and the CBRE logo are the service marks of CBRE Limited and/or its affiliated or related companies in other countries. All other marks displayed on this document are the property of their respective owners. All Rights Reserved.
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SOUTHWESTERN ONTARIO SOUTHWESTERN ONTARIO COMMERCIAL OPPOR TUNITIES SOUTHWESTERN ONTARIO COMMERCIAL OPPORTUNITIES COMMERCIAL OPPORTUNITIES
130 Erie St. W. and 993 & 985 Pellisier St. Windsor, ON
Erie St. W. and 993 & 985 Pellisier St. 130 3 Buildings, 2 Storey ONSt. W. and 993 & 985 Pellisier St. 130 Erie Windsor, Total 12 Units - 12 - 2 Bedroom Units ON Windsor, 3 Buildings, 2 Storey Current annual Gross Rental Income $103,320 3vacancy Buildings, 2- Storey Total 12 Units 12 - 2 Bedroom No and easy to rent Units Total 12 Units - 12 - 2Rental Bedroom Units Currenton annual Gross Based a 7.1% Cap Rate Income $103,320 annual Gross Rental Income $103,320 NoCurrent vacancy and easy to rent No vacancy and easy to rent ASKING Based on aPRICE 7.1% Cap$999,999 Rate
M U LT I - U N I T RESIDENTIAL M UM LTUILT - UIN - UI T NIT RES NETN IA R IEDSEI D TL IAL
491 Gladwish Drive - Sarnia, ON
Based on a 7.1% Cap Rate
ASKING PRICE 804 Windsor Ave.$999,999 and 245 Elliott St. E. ASKING PRICE $999,999
Business is ongoing DO NOT GO DIRECT
491 Gladwish Drive - Sarnia, 491 Drive - Sarnia, ON ON Gladwish Leased 6,000 square foot building
Windsor, ON and Elliott St.E.E. 804 804Windsor Windsor AveAve. - 4 Plex Unit,245 1-1Bdrm, 3-2 Bdrm 804 Windsor Ave. and 245 Elliott St. ON Windsor, 245 Elliott St. E.- Single Tenant, 3-Bdrm Windsor, ON Current annual Gross Rental Income $45,540 804 Windsor Ave - -44Plex Unit, 1-1Bdrm, 3-2Bdrm Bdrm 804 Windsor Ave Plex Unit, 1-1Bdrm, 3-2 No vacancy and easy to Tenant, rent 245 Elliott E.Single 245 ElliottSt. St. E.Single Tenant, 3-Bdrm 3-Bdrm Based on a 8% Gross Cap Rate Current annual Gross Rental Income Income $45,540 Current annual Rental $45,540 vacancyand andeasy easyto torent rent NoNo vacancy $420,000 Based Based a8% 8%Cap CapRate Rate ASKING ononaPRICE David Jongerden* ASKINGPRICE PRICE $420,000 $420,000 ASKING david.jongerden@cushwakeswo.com David Jongerden* David Jongerden* david.jongerden@cushwakeswo.com david.jongerden@cushwakeswo.com
Business is 0.89 ongoing DO GO DIRECT is on ongoing DO NOT GO Business Located acres ofNOT landDIRECT Leased Leased 6,000 building square building Clear6,000 height 20square ft foot foot Located on 0.89 acres of land ondoors 0.89 acres of land Located 16 foot Clear height height 20 ft20 ft Clear Grade loading footfoot doors 16 16 doors Grade loading ASKING Grade loading PRICE $649,000 Kenn Poore ** ASKING PRICE $649,000 ASKING PRICE $649,000 kenn.poore@cushwakeswo.com Kenn Poore ** ** Kenn Poore kenn.poore@cushwakeswo.com kenn.poore@cushwakeswo.com
171 Main Street - Ailsa Craig, ON 171 Main Street - Ailsa Craig, ON
Current Owner / Occupier, Dennings Funeral Home, is willing 171 Main Street - Ailsa Craig, ON
INVESTMENT INVESTMENT OPP ORTUNITY I N VOEPSPTOMRETNUTN I T Y OPPORTUNITY
the Owner property and Lease Back their current space. to sell Current / Occupier, Dennings Funeral Home, is willing
Current Occupier, Dennings Funeral Home, is willing Willing sign a/ long term Lease. to selltoOwner the property and Lease Back their current space. to sell thetoproperty and Lease Back their current space. Willing sign6,600 a long term Lease. Approximately sq.foot building on 0.413 acres Willing Approximately 6,600 sq.foot building on 0.413 to sign a long Lease. Main Floor of 3,900 sfterm is currently occupied byacres
Denning’s Main Floor of6,600 3,900 sf is currently occupied by acres Approximately sq.foot building on 0.413 Funeral Home.
Denning’s Home. Main Floor ofFuneral 3,900 sf issfcurrently occupied by one - 5 bedroom The 2nd Floor of 2,700 is currently setup with
apartment The 2nd Funeral Floor of 2,700 sf is currently setupiswith one - 5in) bedroom Denning’s Home. (another 2 Bedroom apartment roughed
apartment (another 2 Bedroom apartment is with roughed in) The 2nd Floor ofrecently 2,700 sf is currently setup one - 5 bedroom Over $100,000 spent on interior building upgrades
apartment Over $100,000 recently spent on interior building upgrades (another 2 Bedroom is /roughed in) Potentail Gross Income $60,000apartment to $65,000 year Potentail Gross Income $60,000 to $65,000 / year Over $100,000 recently spent on interior building Potential Net Income $51,000 to $56,000 / year upgrades Potential Net Income $51,000 to $56,000 / year Potentail Gross Income $60,000 $65,000 / year approximately $9,000 to $10,000 Expenses Expenses approximately $9,000 to $10,000 / year Potential Net Income $51,000currently to $56,000 / year an inground pool backyard ofofthe contains The The backyard theproperty property currently contains an inground pool Expenses approximately $9,000 to $10,000 with pool house sheds./ year with pool houseand andtwo tworear rearstorage storage sheds. The backyard of the property currently contains an inground pool
ASKING PRICE $675,000 ASKING PRICE $675,000 with pool house and two rear storage sheds.
Tyler Desjardine* * Tyler Desjardine ASKING PRICE $675,000 tyler.desjardine@cushwakeswo.com tyler.desjardine@cushwakeswo.com Tyler Desjardine * tyler.desjardine@cushwakeswo.com
PRICE Road $4,950,000 ($51.50psf) 635ASKING Wilton Grove - London, ON ASKING PRICE $4,950,000 ($51.50psf) Building: 96,024 sq.ft. on 6.945 acres
Building: 96,024 sq.ft. on 6.945 (2017) acres ZonedPRICE LI 1, Taxes $75,686.10 ASKING $4,950,000 ($51.50psf)
FOR LEASE FOR SALE FOR LEASE
Zoned LI 1,Clear Taxes $75,686.10 Various Heights: 25’-9’ (2017) Building: 96,024 sq.ft./ on 6.945 Various Clear 25’-9’ Power: 2000Heights: amps 600 volts, acres Dock and Grade loading Zoned 1, Taxes $75,686.10 Power: 2000 amps / 600 volts, (2017) Dock and Grade loading EasyLI Access to 401 Highway Various Clear Heights: Features ato fenced in 25’-9’ compound Easy Access 401 Highway Power: 2000 amps / 600 volts, Rd. Dock and Grade loading Access both Wilton Grove and Roxburgh Rd. Features aoff fenced in compound Easy Access to 401 Highway Access off both Wilton Grove Rd. and Roxburgh Rd. LEASE RATES Features a fenced in compound Access off both WiltonLEASE GroveRATE Rd. and ADDITIONAL Roxburgh Rd. LEASE AREA RATES SQ.FT. RENT Office 18,983 AREA SQ.FT. LEASE RATES
$ 8.00 RATE psf Net LEASE
$ 4.95 psfNet Net 1.95 psf psf $ 8.00 psf $$3.95 LEASE RATE ADDITIONAL RENT $ 4.95 psf Net $ 1.95 psf $ 8.00 psf Net Andrew $ 3.95 psf Johnson *
Ind / Ware
$ 4.95 psf Net
brent.rudell@cushwakeswo.com 67,257
Brent Rudell *** brent.rudell@cushwakeswo.com Brent Rudell *** brent.rudell@cushwakeswo.com
andrew.johnson@cushwakeswo.com $ 1.95 psf
FOR LEASE
London, ON ASKING PRICE $1,395,000 ASKING PRICE $1,395,000
Prime Office / Commercial Standing building For ASKING Prime Office / Commercial Free Free Standing building For Sale or Sale or PRICE $1,395,000 Lease in downtown London ForFor Lease in downtown London
Prime Office / Commercial Free Standing building For Excellent investment opportunity or owner / occupy or Sale Leaseor Excellent investment opportunity or owner / occupy or Lease For Lease downtown Located at the corner of Dufferin Avenue & Waterloo Street, Street, Located at in the corner of London Dufferin Avenue & Waterloo
justExcellent opportunity down the investment street from from City Hall just down the street City Hallor owner / occupy or Lease Professional Located at the corner of Dufferin Avenue &with Waterloo Street, Office space. Nicely finished with unique design. Professional Office space. Nicely finished unique design.
just down the street from City Hall occupied by National Bank Financial offices offices Currently Currently occupied by National Bank Financial site free parking On Professional Office space. Nicely finished with unique design. On site free parking SiteCurrently Area: Approx. 0.258by acres National Site Area:occupied Approx. 0.258 acres Bank Financial offices 2017 $29,532.06 / year OnTaxes: site free parking 2017 Taxes: $29,532.06 / year Zoning: OR – Office Residential Site Area:OR Approx. 0.258 acres Zoning: – Office Residential Permits Office-Apartment buildings, Group Home, Lodging Zoning 2017 Taxes: $29,532.06 / year buildings, Group Home, Lodging Zoning Permits Office-Apartment House, Offices & Medical / Dental Offices Zoning: OR – Office Residential House, Offices & Medical / Dental Offices House, Offices & Medical / Dental Offices LEASE RATES
Total of approximately 10,352 square feet available Total ofRent approximately 10,352insurance, square feet available Additional includes: building CAm and Taxes
LEASE RATES
Additional Rent includes: building insurance, CAm and Taxes
Total of approximately 10,352 available RENT AREA SQ.FT. LEASEsquare RATE feetADDITIONAL
Additional5,245 Rent includes: building insurance, CAm and Taxes RENT SQ.FT. LEASE ADDITIONAL (approx.) $15.00 psf NetRATE $6.95 psf
AREA Main Floor
5,245 (approx.) $15.00 psf Net $6.95 psf (approx.) $14.00 psf Net $6.95 psf 2ndMain FloorFloor 1,643 AREA
SQ.FT. LEASE RATE ADDITIONAL RENT (approx.) No Net Rent Payable 3,464 (approx.) $14.00 psf Net $6.95 psf 1,643 Main Floor 5,245 (approx.) $15.00 psf Net $6.95 psf Lower Level 3,464 (approx.) No Net Rent Payable Tyler Desjardine * (approx.) $14.00 psf Net $6.95 psf 2nd Floor 1,643 Lower 2ndLevel Floor
Andrew Johnson * andrew.johnson@cushwakeswo.com Andrew Johnson * andrew.johnson@cushwakeswo.com
519.438.5588
Avenue
FOR SALE
FOR SALE R L EE ASE F OFRO F LOERA S SALE
Zoning Permits Office-Apartment buildings, Group Home, Lodging LEASE RATES
$ 3.95 psf ADDITIONAL RENT
Ind / Ware 18,983 67,257 Office AREA SQ.FT. Ind / Ware 67,257 Office 18,983 Brent Rudell ***
London, ON
London, ON 333 Dufferin
Wilton GroveRoad Road- -London, London, ON ON 635635 Wilton Grove
FOR SALE FOR F OSRA LLEEA S E
333 Dufferin Avenue
333 Dufferin Avenue
tyler.desjardine@cushwakeswo.com
LowerDesjardine Level 3,464 Tyler * (approx.) No Net Rent Payable tyler.desjardine@cushwakeswo.com Tyler Desjardine * tyler.desjardine@cushwakeswo.com
CUSHMAN & WAKEFIELD
5 www.cushwakeswo.com 19.438.5588 5 19.438.5588 www.cushwakeswo.com Real Estate Brokerage, Independently Owned and Operated A Member of the Cushman & Wakefield Alliance
* Sales Representative **Broker *** Broker of Record London, Ontario N6A 5J9
Real Estate Brokerage, Independently Owned and Operated A Member of the Cushman & Wakefield Alliance
* Sales Representative **Broker *** Broker of Record
Real Estate Brokerage, Independently Owned and Operated www.cushwakeswo.com A Member of the Cushman & Wakefield Alliance
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SCUSHMAN o u t h w e s t e& r nWAKEFIELD Ontario
620-A Richmond St., 2nd Floor, Box 19 S o u t hLondon, w e s& tOntario eWAKEFIELD rn O ntario CUSHMAN N6A 5J9
620-A S o uRichmond t h w e s St., t e r2nd n Floor, O n t Box a r i19 o
620-A Richmond St., 2nd Floor, Box 19 London,*** Ontario N6A 5J9 * Sales Representative **Broker Broker of Record
O OS
S
E E E E
RY TO ITH ES GW FIVLDIN ATOR I V BU ELE
• • • •
•
• • •
WHITBY
Asking $4,450,000 Asking $211,905 per Suite Seller Reserves the Right to Refuse Any and All Offers Property is Located just North of Dundas St. West and Brock St. North New Vinyl Windows and Patio Sliding Doors installed January 2016 on the Entire Building Excellent Tenant Profile Professionally Managed Superindentent On-Site
• • •
• • •
•
HAMILTON
E DOXCE LOWNTLLEN CA OW T TIO N N
IN TA UN ON MO CATI LO
• This Property is Being
9 x One Bedrooms 12 x Two Bedrooms Upside in Rent upon Unit Turnover Above Guideline Increase has been Applied for and Hearing Date is Pending First Mortgage to be Assumed, see Property Brochure for Details Due Diligence Material Available upon Signing of a Confidentiality Agreement Contact Dani Pizzoferrato to discuss
21 x One Bedrooms
Bid Submission Process
36 x Two Bedrooms
RE A OF T VI TO EWS WN
5 x Three Bedrooms
Provided upon Signing
• Great Upside in Rents
of a Confidentiality
• Individual Hydro Meters
Agreement
SOUTH ETOBICOKE E
IC ST TA TION N FAOCA L
• • •
• Located on Hamilton Mountain close to Transit, Shopping, etc
Non-Conforming Unit on House Meter
•
•
• Ex. 1st Mtg of approx.
• Hot Water Gas Boiler & Roof Replaced in the Last
$2,050,000 @ 2.55% to be Assumed.
• •
63 Suites
• •
•
• • •
8 x One Bedrooms Newer Medium Efficiency Heating approx. 4 Years Old Excellent Potential Upside on Turnover of Tenants Well Maintained Property Treat Financing as Clear Inspections by Appt Only: Inspection Dates TBD. Seller Reserves Right to Refuse Any & All Offers
8 Suites
RED ROCK
E BL DA NT OR TME F AF VES IN
XC E UP LLE SID NT E
Asking $2,289,000 Asking $286,125 per Suite Close Proximity to Gardiner Expressway & 427 Highways Beautiful Trails, Parkland & Lake Ontario within a Short Walk Amenities, Shopping, Cafes & Galleries Located Along Lakeshore Blvd. 3-Storey Walk-Up Building Hydro Paid by Tenants
for all except One
6 Years
PARRY SOUND G
• 1 x Bachelor
Offered to the Market in a • Information Package to be
21 Suites
ILT BU OM 13 T S 0 CU IN 2
U PO PSID TE NT E IAL
N UN EAR DE RB AY
BELLEVILLE
TH
UP TU SIDE RN OV ON ER
E 2 ITS N RG LA OM U O R ED
B
ging
ging
RENT
RENT
D o D
• Asking $690,000
• 3 x Two Bedrooms
• Asking $230,000 per Suite • Property Currently • Located in Beautiful Parry Sound with Balcony Views overlooking the Town • Excellent Construction with Energy Efficient
Achieves Higher than
• • •
Market Rents • Good Tenant Profile • Well Designed, Spacious
•
Suites
Equipment and Insulation • Tenants Pay Own
• Easy to Manage Property
•
• Parking for 5 Cars plus
Hydro & Heating (Electric
Storage Shed at Rear of
Baseboards and Heat
Property
Recovery Ventilation)
• Treat Financing as Clear
3 Suites
•
Asking $795,000 Asking $46,765 per Suite Well Maintained Property; Excellent Superintendent on Site About 50% of Units Have New Carpeting in Last 5 Years Hallways Painted, Carpets & Flooring in Common Areas Replaced Tenants Pay Their Own Hydro
• • • •
•
3 x One Bedrooms 12 x Two Bedrooms 2 x Three Bedrooms Walk-Up Building w/ Coin Laundry Approx. 1.49 Acre Lot Area; 281.66 Feet Frontage; Irregular Quiet Small Town Atmosphere with Great Quality of Life & Sense of Community This Property is One of Only a Few Rental Buildings in Town
17 Suites
• Asking $825,000 • Asking $82,500 per Suite • Extensive Capital Work Completed: Roof, Windows, Vinyl Siding & Sliding Doors • Short Drive to Hwy 401 & Shopping Including Walmart Super Centre • Property has been Submetered with One Tenant Currently Paying Hydro
• 1 x Bachelor 1 x One Bedrooms 8 x Two Bedrooms • Significant Potential Rental Upside • Income can be Increased with Addition of Laundry Facilities • Tenants Pay for Garbage • 4.5% CAP Rate • Ex. Mtg of $330,000 @ 3.05% must be Assumed
10 Suites
o9
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8 MAIN ST. E. HAMILTON
325 BARTON ST., HAMILTON
QEW & CENTENNIAL PARKWAY 45 GODERICH
OFFICE SPACE
OFFICE/WAREHOUSE
Close to the Court House, City Hall and McMaster. Available immediately. Downtown office space from 406 - 892 sq. ft. From $13.00 per sq. ft. gross
Space available with overhead door. Close to highway and in very visible location. Ideal for light industrial/ distribution. 2760 sq. ft. - $2,208.00 + HST Monthly
OFFICE SPACE FORMERLY USED FOR DOCTOR’S OFFICES
1118_DJW_0033
1488 sq. ft. - 1955 sq. ft. available. Plenty of parking and signage. Easy access to QEW. Rent from $11.50 per sq. ft.
0318_DJW_0015
1917_DJW_1_7007
Tony DeSantis
905-777-0252 ext 304 E-mail:
info@desantis.com
www.desantis.com
CommerCial Plaza for Sale on HigH TraffiC Corridor 282 Argyle Street, Caledonia, ON • List Price: $7,490,000 • Net Income: $461,896.29 • Cap Rate: 6.17 • Rent/sq ft Average: $14.70/sq ft • Area: 31,420 square feet • Fully leased, mixed use office/retail plaza • Prominent corner location, anchored by McDonalds restaurant • Growing community expected to double in size within 10-15 years • Superb visual exposure on the main traffic artery
For further details please contact Drew Blair, Broker of Record or Gary Stapleton, Broker
Hamilton: 905-529-5900 | www.bbsrealty.com 6G
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$999,900
2317_DJW_0044
$1,095,000
$1,400,000
466 FINKLE ST, WOODSTOCK 2318_DJW_0024
• Apply For Permits and Build in Woodstock! • 18 unit residential fully serviced, condo development site • Steps to new hospital and Fanshawe College Woodstock Campus • Site Plan approved with floor plans, geotech and all studies • MLS • Call Ryan Briggs
v
$4,995,000
153 UNION ST E, WATERLOO 3117_DJW_0014
• 2 acre high profile redevelopment site • Proposed C-2 zoning allows for high density residential/mixed use neighbourhood commercial • Minutes to Hwy 85, on public transit route and few blocks from two future LRT stops • Ideal for main floor commercial and up to 12 storeys residential at density up to 242 bedrooms per acre • 10,700 sq ft professional office building currently leased • $107,000 / year holding income for 30 – 50 months • Exclusive • Call Duncan McLean
$649,900 2318_DJW_0023
• Rare 0.237 acre multi-family residential • Underground parking design fits topography development land in Preston • Convenient location for transit, shopping, park & hospital • Potential for 7 to 22 units • MLS • Call Duncan McLean
• Established Pizzeria & Restaurant Business for Sale in leased premises • Chattels, goodwill and contracts included • Licensed establishment • Mature family-oriented neighbourhood with convenient access to expressway • Exclusive • Call Ryan Briggs
• • • • • •
$25/SF
Newly constructed office/retail space on the main floor of the Cortes Unit sizes consist of 967, 1367 & 2334 sq. ft. Prime location in the heart of Uptown Waterloo Located on public transit and light rail transit routes Minutes from many major employers MLS • Call Rebecca 519-578-0337
519.578.0337
255 NORTHFIELD DR, WATERLOO
• • • • •
$25 - $40/SF
1,000 - 9,505sf inline and pad sites, to be constructed MXC zoning permits many uses Complex will include 250 residential units 15 minute walk to future Light Rail Transit route MLS • Call Duncan McLean
#3 - 35 CHERRY BLOSSOM RD, CAMBRIDGE
$249,900
• 20 year old established catering business • State of the Art industrial kitchen with storefront cafe & temperature controlled trailer • Business includes contracts and assets • Financials etc. are available for qualified buyers • MLS • Call Christina Rooney 519-654-2408
281 GODERICH ST, PORT ELGIN
FROM $15/SF
519-741-6594
Neil@cmarealty.ca
• High visibility Port Elgin Square • Units from 1,000 – 16,000sf, some with shipping docks • Potential pad site w/design/build opportunity • CAM $5.25/sf • Join Bruce Power, Carey Optical, Miracle-Ear Hearing Centre, Co-Operators and UPI Gas Bar • MLS • Call Duncan McLean
DUNCAN MCLEAN
Sales Representative
Broker of Record CELL:
4 x 3 Bed Units (12 Student Rooms), Fully Furnished Potential to add 4 Rooms in Basement Close to Brock University & Bus Route Recently Updated, Professionally Managed with Ample Parking • MLS • Call Ryan Briggs
RYAN BRIGGS
NEIL KOEBEL
KITCHENER, ONTARIO
• • • •
1917_DJW_0071
222 KING ST S, WATERLOO 2718_DJW_0031
$140,000
2718_DJW_0031
#3 - 2399 KINGSWAY DR, KITCHENER
$999,900
384 GLENRIDGE AVE, ST CATHARINES
3917_DJW_0012
1257 KING ST E, CAMBRIDGE
• 4.84 acres of natural open space land • Currently zoned OS1 • Close to the Grand River and Churchill Park • Pre-Consultation document proposing low to medium density residential with between 40 - 48 units is available • MLS • Call Duncan McLean 1518_DJW_0025
• Close to new Transit Hub and on bus route • Redevelopment potential • MLS • Call Ryan Briggs
• 1,296 sf building on 0.35 acre • Two bays with drive-in doors & ample parking • D-6 Zoning close to downtown core
1118_DJW_0088
193 WATER ST S, CAMBRIDGE
1718_DJW_0052
1918_DJW_0888
111 WEBER ST W, KITCHENER
CELL:
519.498.5775
Ryan@cmarealty.ca
Sales Representative CELL:
519.590.7997
Duncan@cmarealty.ca 7G
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businesssavvy
Small Business confidence takes a dive in July
OntariO After having a lukewarm month of June, Ontario’s small business outlook had a significant downgrade in July, losing 6.1 points off its index to reach 56.3—roughly in line with the national average. Short-term employment plans also weakened, and currently only 15 per cent of owners are looking to hire and 10 per cent are looking to lay off employees. About 47 per cent of respondents say their firms are in good shape, while 10 per cent say their businesses are in bad shape. natiOnally Sizeable declines were also noted in New Brunswick, Quebec and British Columbia. There was some rebound seen in Newfoundland and Labrador and Saskatchewan, but sentiment there remains far below historical norms. With an index of 73.1, Prince Edward Island has the most optimistic business owners, followed by Quebec, (69.5), Nova Scotia (65.0) and Manitoba (60.1). Sentiment among each of the other provinces is below the national average, ranging from 56.1 in British Columbia to a low of 50.0 in Saskatchewan. Overall OutlOOk
S
mall business confidence took a steep dive in July, according to the Canadian Federation of Independent Business (CFIB) Business Barometer index, losing five-and-a-half points to land at 56.8 – its secondweakest monthly performance since the 2015-16 resource price crunch. The latest results coincide with a fresh round of trade jitters that burst out after the G7 summit. New U.S. tariff action on steel and aluminum, Canada’s retaliatory response on a broad suite of U.S. products and deepening global divisions on trade likely contributed to a souring mood among business owners.
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The sector picture also looks like it’s affected by trade concerns. Sentiment in agriculture dropped seven points to 40.3, retail fell almost six points to only 54.2 and there were noticeable declines in wholesale trade, transportation and the information sectors. That said, manufacturing sentiment remains modestly positive, along with many parts of the service sector. On a scale of 0 to 100, an index above 50 means owners expecting their business’ performance to be stronger in the next year outnumber those expecting weaker performance. One normally sees an index level of between 65 and 70 when the economy is growing at its potential. The other metrics on business performance and expectations are looking more neutral. Forty-four per cent of owners report their businesses being in good shape, versus 13 per cent who report being in bad shape – both estimates are on the better side of normal. Hiring plans have settled back a bit though, with only 17 per cent of owners expecting to add full-time staff compared to 12 per cent who plan to cut back in the next three or four months. Source: Canadian Federation of Independent Business (CFIB)
Renate SiebeR-Schlegel broker of Record
land exchange ltd. brokerage Independently Owned and Operated
262 Josephine St., Wingham www.remaxlandexchange.ca Office: 519-357-3332
cell:
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37651 amBerLey rOaD, LucKnOw
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LOT 11-1 FarreLL Drive Bruce energy cenTre, KincarDine n0g 2T0
519-531-1177
$759,000
$2,777,800
7.31 Acres of development land ideal for Fuel Station / Restaurants. Located in the Bruce Energy Industrial Park Kincardine. Conveniently adjacent to Bruce Power and the access gates to Bruce Power.
COMMERCIAL – Newer bright professional office building including 9+ office spaces and large board room. Situated on 10 acres with 1000ft frontage on highway 86 just south of Kincardine. AG-3, Fully Fenced Yard, Automatic Standby Generator, Fiber-optic High-speed Internet, Great exposure.
103 FarreLL Drive Bruce energy cenTre, KincarDine n0g 2T0
$7,950,000
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11.47 Acres of Commercial Redevelopment Land in the Bruce Energy Center, Kincardine. Conveniently located 2.5km to the access gates to Bruce Power. Currently 5 buildings totalling 41,000 SF, Power – 8000 amp Substation, Municipal Sewers and Industrial Water. This property is available for immediate possession. 2318_DJW_0013
2318_DJW_0014
165 KincarDine HigHway, waLKerTOn
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$10 PSF neT - inDuSTiaL* $18 PSF neT - OFFice
2318_DJW_0016
2318_DJW_0015
80237 BLuewaTer HigHway, gODericH, On n7a 3X8
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2318_DJW_0017
214,810 SF of manufacturing facility including, 32, 880 SF of bright office space. Situated on 21.19 acres at the intersection of Highway 4 and 9 in Walkerton. Power – 4,200 amp Substation, Municipal Sewers and Water, 9 loading docks, fully fenced yard. This property is available for immediate possession. Approximately 183 km North West of Toronto and 47 km South East of Bruce Power.
$1,299,900 Prime 48 acre commercial/residential development on the south side of Goderich on Highway 21 with view of Lake Huron. Across from Suncoast Mall and Industrial Park. Adjacent to new subdivision. Environmental study available.
2318_DJW_0018
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investorinsights
Why pre-construction condos are a great investment By Andrew la Fleur
T
here are many different ways you can invest and make money in real estate. Most types of real estate investing are very hands-on and require a lot of time and effort. Investing in pre-construction condos, on the other hand, can be highly lucrative with minimal effort. Here are four reasons why I believe that preconstruction condo investing is the best way to invest and make money in real estate. 1. Leverage The number one reason why so many real estate investors look to the pre-construction condo market is the ability to leverage their money over time. With just 15 to 20 per cent of your own money, you can buy 100 per cent of an appreciating asset, and you get to hold that asset for three to four years without making any payments on it. Over the last decade in Toronto, thousands of investors have seen incredible returns by simply buying, waiting, then selling on completion. 2. access to tripLe-a Locations Condo investing allows ordinary investors to get a piece of real estate in otherwise unattainable locations. Owning real estate on Yonge Street, King Street or on the waterfront is made possible for average investors only through the power of condo investing. And with many developers offering flexible deposit structures, you can own in these prime locations for a fraction of what it would cost to buy a commercial property, a house, or a small apartment complex in the same locations. 3. Low maintenance New condos are perfect for the busy professional or self-employed business person because you can own multiple units with little to no month-to-month property management. Many of my clients tell me that they are so busy with their full-time jobs or their businesses, they don’t have time to start a part-time business as a landlord. Compared to buying a house or a commercial property, new condos offer the lowest maintenance with the highest rentability, which means there’s nothing to fix or maintain
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and your unit will rent out very quickly, saving you time for what really matters in your life. 4. rentaL demand Since the end of the highrise apartment construction boom of the 1960s, there have been almost no purposebuilt rental buildings in the City of Toronto. Yet our city keeps growing by tens of thousands every year. The need for new rental units is now being filled in part with new condominiums, and tenants always want to live in the latest and greatest buildings. Buying pre-construction guarantees that you will own the newest apartment on the block when the building is complete and condo investors know that renting out a unit in a brand new building has been a very lucrative experience.
Volume 18 Issue 09
Commercial Real Estate & Business Opportunities
Featuring the Best Selection of Industrial, Commercial and Investment Opportunities
INDEX Kitchener, Waterloo & Guelph ...................3 Southwestern Ontario ............................ 11 Hamilton ........................................... 15 Greater Toronto Area ............................. 20 Central Ontario .................................... 38 Eastern Ontario ................................... 40 Niagara ............................................. 44 Business Investors ............................... 46
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Please say you saw it in The Commercial Investor
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Commercial Real Estate & Business Opportunities
Volume 18 Issue 09
Featuring the Best Selection of Industrial, Commercial and Investment Opportunities
Special Features 6 LEGALLY SPEAKING – Why some businesses succeed and others fail 14 BUSINESS SAVVY – Colliers International GTA market snapshot 24 BUSINESS – Conference Board of Canada economic outlook 2018 42 INVESTMENT – Avison Young mid-year 2018 office market report GLOSSY SECTION EDITORIAL 8G BUSINESS SAVVY – CFIB July business barometer index 10G INVESTOR INSIGHTS – Why pre-construction condos are a great investment 15G BUSINESS SAVVY – Small business owner legal dispute insurance 16G INVESTMENT – Altus Group GTA market update
p10G Please say you saw it in The Commercial Investor
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
SECTION COVERING: Cambridge Durham Elora
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KITCHENER, WATERLOO & GUELPH
KITCHENER, WATERLOO & GUELPH
4
Commercial Real Estate & Business Opportunities
Kitchener/Waterloo Guelph & Cambridge
COLDWELL BANKER COMMERCIAL PETER BENNINGER REALTY, BROKERAGE 508 RIVERBEND DRIVE, KITCHENER, ON. PHONE: 519-743-5211
793 SF · $22.00/SF · MLS:30656762 · WATERLOO Turn-key doctors office, chiropractor, RMT’s office in retail plaza with ample on-site free drive-up parking. High traffic location. Lester Tobin*
R E TA I L / O F F I C E FOR SALE/LEASE OFFICE/RETAIL BUILDING FOR LEASE 1,460 SF · $15.00/SF · MLS: 30677226 · KITCHENER High Visibility. Centrally Located. Call for more details! James Boudreau**/Gary Boudreau* 1,100 SF · $1,975/Month · MLS: 30673625 WATERLOO · Quite, peaceful office unit. Located in the trees. Walking distance to Uptown shopping area. Onsite parking. Lots of windows and sky lights. Lester Tobin* 532 SF · $1,199/Month · MLS: 30664627 · WATERLOO · Finished 2nd floor office. 3 large windows. High traffic intersection. 24/7 electronic reader board. Colin Vogel* 1,950 SF · $36.00/SF · MLS: 30674561 · WATERLOO EĞǁ ĨƵůůLJ ĮŶŝƐŚĞĚ ĐŽŵŵĞƌĐŝĂů ƵŶŝƚ ĨŽƌ ůĞĂƐĞ͘ ƵƌƌĞŶƚͲ ůLJ ŽƉĞƌĂƟŶŐ ĂƐ Ă ǁĂůŬ - in clinic and pharmacy. Many ŽƚŚĞƌ ƵƐĞƐ ƉĞƌŵŝƩĞĚ ŝŶĐůƵĚŝŶŐ ƌĞƐƚĂƵƌĂŶƚ͘ >ŽĐĂƚĞĚ ŝŶ the heart of Waterloo's University District. Over 1,500 new students coming in to immediate area in 2018. All equipment could be included. 8 parking spaces. Lester Tobin*
900 SF · $12.95/SF · MLS: 30663178 · BRANTFORD Retail unit with high exposure and high traffic. Ample on-site drive up parking. Easy access to highway. Lester Tobin* INVESTMENT RETAIL CONDO FOR SALE · W A T E R L O O · 900 SF · $699,000 · MLS: 30651484 · Located in the University District. 10 Year lease in place. Price includes restaurant equipment including ecology kitchen hood & 1 parking space. Lester Tobin* 2,230 SF · $18.50/SF · MLS:30653380 · WATERLOO King North @ Columbia. Store Front, Abundant Parking, Fully Finished Unit. John Hoffman*
NEW RETAIL CONDO FOR SALE · 5 2 3 SF · $264,000 MLS: 30615884 · WATERLOO · hŶŝƚ ƌĞĂĚLJ ĨŽƌ ŽĐĐƵͲ pancy. Located in the heart of the University District. Price includes patio area and one parking space. Lester Tobin*
524 SF - 4,652 SF · $25.00/SF NET · WATERLOO MLS:30655112/121/133/140/145/146/152/158 1,500 SF · $2,050/Month · MLS: 30618796 · level office space. “THE HUB” An exciting new Six Tower KITCHENER · Lower Gary Boudreau* Commercial/Residential mix development. Located Ample Parking. between two Universities. Lester Tobin* 3,000 SF · $799,000 · MLS: 30650013 · CAMBRIDGE 3,961 SF · $28.00/SF · MLS: 30637876 · KITCHENER ĞĂƵƟĨƵů KĸĐĞ ƵŝůĚŝŶŐ ǁŝƚŚ ϴ WĂƌŬŝŶŐ ^ƉĂĐĞƐ Freestanding building w/high exposure & high traffic. Located Just South of Hwy #401. Lester Tobin* Ample on-site drive up parking. Lester Tobin* 3,000 SF · $28.00/SF · MLS: 30637864 · KITCHENER 5,000 SF · $6.00/SF · MLS: 30650827 · BRESLAU Freestanding pad site with drive-thru. Ample on-site ĞŶƚƌĂůůLJ >ŽĐĂƚĞĚ͘ >ŽǁĞƌ >ĞǀĞů KĸĐĞ ^ƉĂĐĞ͘ drive up parking. Lester Tobin* James Boudreau**/Gary Boudreau* 950 SF · $14.00/SF · MLS: 30605818 · WATERLOO 1,700 SF · $24.00/SF · MLS: 30670477 · KITCHENER WƌŽĨĞƐƐŝŽŶĂů ϮŶĚ ŇŽŽƌ ŽĸĐĞ͘ ĞŶƚƌĂůůLJ ůŽĐĂƚĞĚ ƚŽ <-W GUELPH, seconds from Hwy 85. Retail unit with high traffic and high exposure. Ample and Colin Vogel* on-site drive-up parking. Full basement. Lester Tobin* NEW COMMERCIAL UNIT & PHARMACY BUSINESS FOR SALE· WATERLOO · 1 , 9 5 0 SF · 1,499,000 MLS: 30651480 · One G.P. on-site operating as a walk-in clinic. 100% Financing available. 8 Parking spaces. Lester Tobin*
2,100 SF · $16.00/SF · MLS: 30652548 · KITCHENER 523 SF · $39.00/SF · MLS: 30662378 · WATERLOO Bright, Well finished Office Space. Low CAM’s New retail unit with patio. Located in the heart of John Hoffman* the University District. Lester Tobin* RETAIL/OFFICE BUILDING FOR SALE KITCHENER 900 SF · $16.00/SF · MLS: 30663768 · KITCHENER 1,460 SF · $545,000 · MLS: 30650818 · High Last Unit! Retail unit with high traffic and Visibility. Centrally Located. Call for more exposure . Ample on-site drive up parking, easy details! James Boudreau**/Gary Boudreau* access to highway. Lester Tobin* 3,000 SF · $680,000 · MLS: 30653747 · KITCHENER Unique opportunity to own a mixed use ŽŵŵĞƌĐŝĂůͬZĞƐŝĚĞŶƚŝĂů ďƵŝůĚŝŶŐ ƐƚĞƉƐ ĨƌŽŵ ŽǁŶͲ town Kitchener! Both Res. Units currently rented. Call for more info. Chris Kolednik**
Volume 18 Issue 09
5,800 SF · $685,000 · MLS: 30599428 · AYR >ŽĐĂƚĞĚ Ăƚ ƚŚĞ ŐĂƚĞǁĂLJ ƚŽ hƌďĂŶ LJƌ͘ /ĚĞĂů ĨŽƌ ŽĸĐĞ͕ vet., or place of worship. Colin Vogel* 1,413 SF · $2,200/Month · MLS: 30516996 · KITCHENER Great location for Medical use. Gary Boudreau* 2,332 SF · $20.00/SF · MLS: 30637835 · KITCHENER Last unit available in new retail plaza. High exposureHigh traffic. On-site drive up parking. Lester Tobin* 5,652 SF · $14.50/SF · MLS:30562379 · KITCHENER ·Class A Office Space. New Building. High Visibility, Free on-site parking. John Hoffman*
2,000 SF · $12.00/SF · MLS: 30582783 · ST JACOBS 2nd Floor Office Space overlooking King Street. Rear 2,792 SF · $21.00/SF · MLS: 30651271 · KITCHENER parking at grade, street parking available. Window Gary Boudreau* Newly constructed retail plaza w/high exposure and signage permitted. traffic. Centrally located near highschool, sportsplex, new high density residential & LRT stop. 460-865 SF · $29.00/SF · MLS:30615776 · WATERLOO Lester Tobin* New retail units. Sept 1/18 Occupancy. Located in the heart of the University District. Parking available. RETAIL CONDO FOR SALE · 1,950 SF · WATERLOO Lester Tobin* 8 Parking Spaces · $1,499,000 · MLS: 30651480 · New retail condo located in the heart of the University 3,058 SF · $18.00/SF · MLS: 30584437 · WATERLOO District. All new improvements. Financing Available. Beautifully finished office. Centrally located to K-W Lester Tobin* and GUELPH. Large wrap around windows. Mix of private offices/meeting rooms & open space. 523 SF · $2,500/Month · MLS: 30615780 Colin Vogel* WATERLOO · New retail unit ready for occupancy. Located in the heart of the University District. Patio 1,241 SF -1,719 SF · From $22.00/SF · MLS: 30635440 area. Gross rent +Utilities. Lester Tobin* BRESLAU · New Retail Development in a growing, under-ƐĞƌǀŝĐĞĚ ĂƌĞĂ͘ sĂƌŝĞƚLJ ŽĨ hƐĞƐ ƉĞƌŵŝƩĞĚ͘ WĂĚ RETAIL/RESTAURANT CONDOS FOR SALE WATERLOO site with drive-thru available. 460 SF - 699 SF · $287,500.00 - $436,875.00 MLS: James Boudreau**/ Gary Boudreau* 30644459/ 494/ 498/ 508/ 515/ 519 · New retail 950 SF · $1,770/Month · MLS: 30635540 · KITCHENER units available for Sept 1/18 occupancy. Located in Awesome opportunity to get a retail space or a the heart of the University District. Parking spaces restaurant take-out location at a busy corner! Call available for $30,000 each. Lester Tobin* today for more info. Chris Kolednik**
Ύ ^ĂůĞƐ ZĞƉƌĞƐĞŶƚĂƟǀĞ ZZZ FROGZHOOEDQNHUFRPPHUFLDO FD Email : Commercial@coldwellbankerpbr.com ** Broker Please say you saw it in The Commercial Investor
6DOHV 5HSUHVHQWDWLYH %URNHU
5
Commercial Real Estate & Business Opportunities
COLDWELL BANKER COMMERCIAL PETER BENNINGER REALTY, BROKERAGE 508 RIVERBEND DRIVE, KITCHENER, ON. PHONE: 519-743-5211
Kitchener/Waterloo Guelph & Cambridge
Volume 18 Issue 09
2,500 SF · $14.00/SF · MLS: 30634186 · CAMBRIDGE ST JACOBS BANQUET HALL/RESTAURANT FOR SALE LAND FOR SALE Space offers a perfect spot for any business that 8,000 SF,4.3 Ac · $2,100,000 · MLS: 30584493 needs Office and Warehouse space. Ideal for HVAC, Extensive renovations to building and grounds. Water Softener and Cellphone Shop Uses. Includes furniture/cooking equipment. Site includes /- 107.50 acres combined ͼ džĐůƵƐŝǀĞ· “Buy and Hold” Chris Kolednik** a freestanding home. ^ƚĞǀĞ 'ĞƌĂŬŽƉƵůŽƐΎ land opportunity available. Located immediately adjacent to the City of Waterloo Boundary within the 1,400 SF · $219,000.00 · MLS: 30634076 of Woolwich. Zoned Agricultural & ExtracI N D U S T R I A L / WA R E H O U S E Township WATERLOO · Franchise Business Prime Location. ƟǀĞ͘ WŽƚĞŶƟĂů &ƵƚƵƌĞ ĞǀĞůŽƉŵĞŶƚ͘ Ăůů ĨŽƌ ĚĞƚĂŝůƐ͘ 'ĂƌLJ ŽƵĚƌĞĂƵΎ ŽůŝŶ sŽŐĞůΎͬWĞƚĞƌ ĞŶŶŝŶŐĞƌΎΎ FOR LEASE/SALE 1,280 SF · $89,000 · EXCLUSIVE · KITCHENER Approx. 217 Ac · EXCLUSIVE · WATERLOO REGION Well established business since the 1970’s. High Currently Being Farmed. Call for info pkg! income-high sales. No franchise. Owner will train. FLEX-INDUSTRIAL SPACE FOR LEASE KITCHENER WĞƚĞƌ ĞŶŶŝŶŐĞƌΎΎͬ ŽůŝŶ sŽŐĞůΎ Lester Tobin* MLS:30660801 · 9,253 SF · $6.50/SF MLS:30661466 · 6,168 SF · $4.50/SF HIGH DENSITY MIXED USE DEVELOPMENT MLS:30661473 · 2,145 SF · $8.00/SF KITCHENER ·3.25 Ac · $4,250,000 · EXCLUSIVE Turn-key flex, industrial building with built out office Frontage on 2 major Streets at the gateway to M U LT I - FA M I LY F O R S A L E and warehouse/lab space. ^ƚĞǀĞ 'ĞƌĂŬŽƉƵůŽƐΎ downtown KITCHENER Excellent access to Hwy 401 25,000 SF · $2,375,000 · MLS 30653844 · GUELPH via Hwy 8 Directly on proposed light rail transit WĞƚĞƌ ĞŶŶŝŶŐĞƌΎΎͬ ŽůŝŶ sŽŐĞůΎ 3 TOWNHOUSE UNITS FOR SALE - KITCHENER 15,000 SF available for use or to be leased. 10,000 SF route. $699,900 · MLS: 30655012 · 3 x 3 Bedroom Units. All of income in place. Clean enviros - review via signed CA. ^ƚĞǀĞ 'ĞƌĂŬŽƉƵůŽƐΎ 68.02 Acres · $2,385,000 · EXCLUSIVE · CAMBRIDGE units submetered for hydro. 2 units w/garage, 1 Eric Frey* Under consideration to change OP designation to w/driveway. 950 SF · $1,770/Month · MLS 30635540 · KITCHENER industrial. WĞƚĞƌ ĞŶŶŝŶŐĞƌΎΎ Retail space available on busy corner just steps away MULTI FAMILY INVESTMENT · WALKERTON from the heart of Downtown KITCHENER. Onsite $769,000 · MLS: 30646931 · 7-2 Bedroom, 1 - 1 BedParking! Chris Kolednik** room. Fully rented - 6.50% Cap Rate. All utilities are BUSINESS FOR SALE sub-metered. Eric Frey* ϭϭ͕ϬϬϬ ^& ŽŶ нϭ͕ϴϱϵ ^& ƵŶŐĂůŽǁ ,ŽƵƐĞ ͼ $899,000 MLS: 30644740 · 117 East Road · Lions Head, ON. Many uses permitted. Possible medical marijuana grow op. Youtube: Property Address for Marketing 2,456 SF · $350,000 · MLS: 30665548 · KITCHENER &Žƌ ŽŵŵĞƌĐŝĂů ZĞĂů ƐƚĂƚĞ ^ŽůƵƚŝŽŶƐ Video. Eric Frey* Successful business. Great Franchise. Business Only. ŝŶ ĂŶĂĚĂΖƐ dĞĐŚŶŽůŽŐLJ dƌŝĂŶŐůĞ͕ 'ĂƌLJ ŽƵĚƌĞĂƵΎ 30,000 SF · 6.82 Acres · $1,299,000 · MLS: 30667081 ĐŽŶƚĂĐƚ ĂŶLJ ŽŶĞ ŽĨ ŽƵƌ ƐĂůĞƐ 607 Little Pike Bay Rd. Lions Head, ON. Previous use 1,600 SF · $50,000 · MLS: 30657059 · WATERLOO ƌĞƉƌĞƐĞŶƚĂƚŝǀĞƐ͕ was manufacturing. High Power Available. High Award Winning Vintage Retailer. Business Only. or call 519-743-5211 Ceilings. Google Address for Marketing Video. Eric Frey* :ĂŵĞƐ ŽƵĚƌĞĂƵΎΎ
INVESTMENT FOR SALE INVESTMENT PROPERTY FOR SALE | BROCKVILLE, ON.
160,000 SF on 27.4 Ac.·$15,000,000 · MLS: 30680884 Just Listed! Fantastic Investment Opportunity with existing income. Event center w/accommodations, weddings/events/retreats/conferences/medical/rehab
Onsite church, full gym, soccer field. John Hoffman*
2,000 SF · $299,000 · MLS: 30650898 · WATERLOO Busy QSR located in the heart of Waterloo’s University District. High Sales - High Income. Lester Tobin*
Peter Benninger**
Ext. 3000
Gary Boudreau *
Ext. 3029
James Boudreau **
Ext. 3020
GUELPH CAR WASH, GAS STATION & LUBE SHOP WITH PROPERTY · 5,873 SF · $2,700,000 MLS: 30644230 · Gas station with propane, automated carwash and lubeshop business with property on 1.05 acres. Environmental reports completed. Lester Tobin*
Eric Frey*
Ext. 3118
Steve Gerakopulos*
Ext. 3037
Roman Ginzburg*
Ext. 3103
Bill Halpenny*
Ext. 3120
:ŽŚŶ ,ŽīŵĂŶΎ
Ext. 3040
Chris Kolednik**
Ext. 3106
Eric Reiner*
Ext. 2099
Lester Tobin*
Ext. 3023
Harmony Voisin*
Ext. 3117
INVESTMENT PLAZA FOR SALE | KITCHENER 1,022 SF · $95,000 · MLS: 30680902 · WATERLOO 10,656 SF & 10,624 SF · $6,900,000 · EXCLUSIVE Booster Juice Franchise. Located in Uptown. New retail plaza 2016. Long term leases. New 'ĂƌLJ ŽƵĚƌĞĂƵΎͬ :ĂŵĞƐ ŽƵĚƌĞĂƵΎΎ residential developing area. Lester Tobin* RETAIL/REDEVELOPMENT SITE FOR SALE KITCHENER 1,586 SF/0.12 Acres · $899,000 MLS: 30616343 Unique High Profile Location. Corner Lot beside farmers market. Great redevelopment site, parking lot, etc. Lester Tobin*
TURN KEY SPA FOR SALE · CAMBRIDGE 3,000 SF · $799,000 · MLS: 30650013 · Beautifully finished from basement to attic fully equipped spa. High traffic location. On-site Parking. Lester Tobin*
Ύ ^ĂůĞƐ ZĞƉƌĞƐĞŶƚĂƟǀĞ ZZZ FROGZHOOEDQNHUFRPPHUFLDO FD Email : Commercial@coldwellbankerpbr.com ** Broker Please say you saw it in The Commercial Investor
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legallyspeaking
WINNING THE GAME Why some businesses succeed and others fail By Jayson Schwarz
s a lawyer of 35-plus years, I have seen many small businesses ďŹ&#x201A;ourish and many fail. The big question is why some succeed while others fall. Here are just a few comments that may not really be legal in nature, but certainly reďŹ&#x201A;ect my observations. In addition, some businesses succeed despite themselves and later, no one can ďŹ gure out what went wrong. Here are some insights that may prove valuable.
A
4. THE LONE RANGER. John Donne in the early 1600s said: â&#x20AC;&#x153;No man is an island, entire of itself, every man is a piece of the continent, a part of the main.â&#x20AC;? In other words, you need to recognize that every successful small business succeeds as a result of a team put together by the entrepreneur. If we try to do it alone, what is quickly discovered is not the leaderâ&#x20AC;&#x2122;s strength but his weakness. Many failures come to roost when sales are exploding, market share growing and suddenly it falls apart because the back room is missing. The entrepreneur brilliantly develops his business but loses because of faulty accounting or controls. We all need to recognize our VWUHQJWKV DQG Ă&#x20AC;QG WKH ULJKW SDUWQHU RU VWDÍż WR VXSSOHPHQW our weakness.
1. UNDER-FINANCED. Whether it is a start-up or the purchase of an existing business, most new entrepreneurs spend far too much of their funds on sizzle, not steak. What does that mean? As an example, too much money is spent on oversupply of inventory, leasehold improvements or other capital investments that leave the business short RI WKH PRQH\ LW QHHGV IRU PDUNHWLQJ RU FDVK Ă RZ XQWLO receivables turn over. Maintaining a cash reserve to carry the business through to success is critical.
5. BAD PARTNERS. Everything is always good when it starts but when it becomes too successful or too tough, it usually breaks down. Trust is huge, so be careful and choose wisely. Make sure you have the relationship in writing. Also, never do a deal where the risk is lopsided. Everyone must be in the same place.
2. LACK OF KNOWLEDGE. Many people get into a business for which they have lack of training or knowledge. They think they can learn on the job. Wrong. Go intern. Work for a successful company and put in the time until you learn how it should work, what to look out for â&#x20AC;&#x201C; and how to run the business. 3. THE AMAZING IDEA. The one thing I have seen over and over again is a client coming in with the idea that will change the world. He has the next pet rock, hoola hoop, slinky, iPod, etc. There is a huge distance between DQ LGHD DQG IXOĂ&#x20AC;OOPHQW 5HPHPEHU D JUHDW LGHD GRHV QRW make money â&#x20AC;&#x201C; the execution and delivery does. In order to make the idea work, we need to develop a cohesive, coherent and practical business plan in writing. The business plan will allow you to express the detail and direction necessary to make the idea work. By the way, before an idea can be worked on, extensive market research is a critical factor.
6. PENNY WISE AND POUND FOOLISH. Ok, so we FDQ¡W DÍżRUG WR KLUH D ODZ\HU WR LQFRUSRUDWH RU DGYLVH :H pass on an accountant. Hmmm, weâ&#x20AC;&#x2122;ll get one later. This attitude is deadly. Get your professionals at the beginning to ensure that your business is properly constituted; that your personal liability is not on the table; and that the structure is in place from the beginning to allow for growth and proper process. Ok, thatâ&#x20AC;&#x2122;s enough of this sort of thing. I hope this helps to make you think, explore and consider. Good luck, start your business and be successful.
Jayson Schwarz LL.M. is a Toronto business lawyer and partner in the firm Schwarz Law LLP.
Volume 18 Issue 09
7 Kitchener/Waterloo Guelph & Cambridge
Commercial Real Estate & Business Opportunities
www.teammilovick.com
519-745-7000
Grand Valley Realty BROKERAGE INDEPENDENTLY OWNED AND OPERATED
Unit 15C, 370 Highland Road West, Kitchener, ON N2M 5J9 fax: 519-489-1333
Mike Milovick B.B.A., CCIM, Broker mike@teammilovick.com
Jennifer Shingler
www.TeamMilovick.com
Sales Representative jenn@teammilovick.com
Invest in Ontarioâ&#x20AC;&#x2122;s Number 1 Town Today! Subscribe: Latest KWC Real Estate News: www.FaceBook.com/TeamMilovick 6 SMETANA DRIVE , KITCHENER
$
407 RIPPLETON DRIVE, LONDON
639,900
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499,900
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$
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Please say you saw it in The Commercial Investor
8
Volume 18 Issue 09
Commercial Real Estate & Business Opportunities
Kitchener/Waterloo Guelph & Cambridge
519.742.7000 www.coupalmarkou.com
SALE
297 KING STREET EAST, KITCHENER
1113 SUTTON STREET, KINKARDINE
LEASE
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2318_DJW_0019
LEASE
25 INDUSTRIAL DRIVE, ELMIRA
MLS
1917_DJW_1_0049
LEASE
15 BARNSWALLOW DRIVE, ELMIRA
â&#x20AC;¢ 1HZO\ SURSRVHG SOD]D LQ WKH ZHVW HQG RI (OPLUD â&#x20AC;¢ /RFDWHG LQ D JURZLQJ HVWDEOLVKHG PDMRU LQWHUVHF WLRQ â&#x20AC;¢ 8QLWV IURP ² VT IW â&#x20AC;¢ VT IW 1HW 2718_DJW_0015
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MLS
1118_DJW_0040
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370 EASTBRIDGE BOULEVARD, WATERLOO
â&#x20AC;¢ 3ULPH UHWDLO VSDFH LQ FOHDQ SOD]D LQ WKH HDVW HQG RI :DWHUORR â&#x20AC;¢ $EXQGDQW IRRW DQG YHKLFXODU WUDIÃ&#x20AC;F â&#x20AC;¢ $PSOH IUHH RQ VLWH SDUNLQJ â&#x20AC;¢ VT IW â&#x20AC;¢ VT IW 1HW 1918_DJW_0044
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49 QUEEN STREET EAST, CAMBRIDGE
231 SHEARSON CRESCENT, CAMBRIDGE
â&#x20AC;¢ 1HZ PXOWL VWRU\ &ODVV $ RIÃ&#x20AC;FH EXLOGLQJ â&#x20AC;¢ &RQWHPSRUDU\ PRGHUQ GHVLJQ â&#x20AC;¢ $PSOH RQ VLWH IUHH SDUNLQJ â&#x20AC;¢ ² VT IW â&#x20AC;¢ VT IW 1HW EXCLUSIVE
0318_DJW_0022
LEASE
5-347 ERB STREET WEST, WATERLOO
â&#x20AC;¢ 5HWDLO VSDFH LQ KLJK SURÃ&#x20AC;OH SOD]D â&#x20AC;¢ $PSOH RQ VLWH SDUNLQJ â&#x20AC;¢ VT IW â&#x20AC;¢ VT IW 1HW MLS
0318_DJW_0023
Christopher Coupal
John Markou
Theo Papadopoulos
Broker of Record, Principal christopher@coupalmarkou.com 519-742-7000 x 101
Broker, Principal john@coupalmarkou.com 519-742-7000 x 102
Sales Representative theo@coupalmarkou.com 519-742-7000 x 103
CONNECT
The information set out herein is for advertising purposes, with information obtained from sources deemed to be reliable. No warranty or representation is made as to its accuracy, correctness and completeness of the information, being subject to errors, omissions, conditions, prior sale/lease, withdrawal or other changes without notice. Coupal Markou Commercial Real Estate Inc., Brokerage
Please say you saw it in The Commercial Investor
9
Commercial Real Estate & Business Opportunities
519.742.7000 www.coupalmarkou.com
SALE
146 KITCHENER ROAD, CAMBRIDGE
SALE
• Historic 5 plex walk-up in North Preston • Quick access to the 401 and Deer Ridge amenities • All units have been remodeled • $700,000 MLS
1918_DJW_0043
SALE
1193 QUEENS BUSH ROAD, WELLESLEY
3215 ROSEVILLE ROAD, AYR
1113 SUTTON STREET, KINKARDINE
SALE
• Business with Property, Investment Opportunity • 0DLQ ÁRRU FRPPHUFLDO FXUUHQWO\ RSHUDWLQJ DV restaurant • QG ÁRRU XQÀQLVKHG ZLWK SODQV IRU DSDUWPHQWV • 4,134 sq ft on 0.70 acres • $825,000
• Great opportunity for the restaurateur • Fully equipped restaurant in excellent condition • Great signage, visibility and parking • 4,560 sq ft on 0.61 acres • $895,000
MLS
164 BEVERLY STREET, CAMBRIDGE
SALE
MLS
290 KING STREET EAST, KITCHENER
SALE
ER D N U CT A R NT CO • Business with Property, Investment Opportunity • 0DLQ ÁRRU FRPPHUFLDO IXOO\ RSHUDWLRQDO DV 1LWK River Chop House • 3RWHQWLDO LQFRPH IURP QG UG ÁRRU UHVLGHQWLDO • 10,000 sq ft on 0.202 acres • $1,100,000
MLS
SALE
441 ALBERT STREET, WATERLOO
• Busy Restaurant/Bar Investment Opportunity • 2,000 sq ft apartment above restaurant • Zoning allows building may be converted to many other uses • 4,100 sq ft • $1,675,000
MLS
1118_DJW_0038
SALE
646 ERB STREET WEST, WATERLOO
• 5DUH RIÀFH LQYHVWPHQW RSSRUWXQLW\ IRU XVHUV DQG investors • )ORRU SODWHV DUH LGHDO IRU VLQJOH WHQDQW ÁRRUV RU could be divided to accommodate multiple tenants • 10,398 sq ft on 0.10 acres • $2,200,000 MLS
2718_DJW_0014
SALE
1314 FISCHER HALLMAN ROAD, KITCHENER
ER D N U CT A R NT CO • Located in the heart of Waterloo Region’s Academic & Commercial Innovation District • Rare development opportunity in the expanding Idea Quarter Waterloo • 1.955 acres • $2,450,000 0718_DJW_0033
MLS
• Rare investment opportunity for an investor or owner/user • 5HWDLO SOD]D RQ D KLJK WUDIÀF URXQGDERXW DW (UE 6W W & Ira Needles Blvd • 12,700 sq ft on 1.052 acres • $6,500,000 3118_DJW_0030
MLS
• High density residential development site to be severed from new grocery anchored retail development • Potential of +\- 350 units and approximately 12 storeys • 4.81 acres • $7,215,000 0718_DJW_0034
Christopher Coupal
John Markou
Theo Papadopoulos
Broker of Record, Principal christopher@coupalmarkou.com 519-742-7000 x 101
Broker, Principal john@coupalmarkou.com 519-742-7000 x 102
Sales Representative theo@coupalmarkou.com 519-742-7000 x 103
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
Please say you saw it in The Commercial Investor
MLS
Kitchener/Waterloo Guelph & Cambridge
Volume 18 Issue 09
10
Volume 18 Issue 09
Commercial Real Estate & Business Opportunities
Kitchener/Waterloo Guelph & Cambridge
BROO CO KM BM UE I LRD C II N AG L C IN OV NESSUTLO TR ANTS
PROTECTING YOUR INVESTMENT
AN CH OR SYSTEMS- M ai n t en an ce an d Wi n d o w C l ean i n g Are they required? YES But When and Where and Who is Responsible? The requirements are a little tricky to follow from the authorities having jurisdiction. However in this article we have attempted to give the reader some guidance. There are safety requirements under the Ontario Building Code Act 1992 O.Reg. 350/06 and the Ministry of Labour Regulation for Window Cleaning, R.R.O. 1990, Regulation 859 and the Occupational Health and and Safety Act (OHS) as they apply to window cleaning. ROOF AND PARAPET ANCHORS ON HIGH RISE APARTMENT
SWING STAGE LIFT
APARTMENT ROOF NO ANCHORS
Ontario Building Code (OBC) The requirements for roof Anchor Systems is clearly set out in the 2006 Ontario Building Code subsection 4.4.4 for new buildings “where maintenance and window cleaning operations are intended to be carried out on the exterior of a building described in Article 1.1.2.2 of Division A, anchor systems shall be provided where any portion of the roof is more than 8m above adjacent ground level.” The OBC makes reference to CAN/CSA-Z91-M90 “Safety Code for Window Cleaning Operations” which has been superseded by CAN/CSA Standard Z91-02 “Health and Safety Code for Suspended Equipment Operations.” Ministry of Labour and the Ontario Health and Safety Act (OHSA) Their guidelines are with respect to all buildings new and existing. C O N S U LT I N G E N G I N E E R S Building Inspection Cost Consultants
Please say you saw it in The Commercial Investor
They make reference to the following: - OHSA Regulation 859 - CAN/CSA Standard Z91-02 Health and Safety Code for Suspended Equipment Operations” - CAN/CSA Standard Z271-10 “Safety Code for Suspended Platforms - CAN/CSA Standard Z259-10 “Full Body Harness” - CAN/CSA Standard 3-Z11M81 “Ladders” The OHSA, in conjunction with Regulation 859 outlines the legislative and regulator requirements for engineers, building owners, employers, supervisors and workers in the window cleaning industry. As a building owner you have responsibilities. We recommend that you contact the authority having jurisdiction to ensure that your building complies to all of the mandatory safety requirements. The requirements are much too detailed to be covered in this article and we recommend that you refer to the following websites for detailed information. References:
1 ) www.labour.gov.on.ca/english/hs/ pubs/gl_windowcleaning.php 2) www.e-laws.gov.on.ca/html/regs/ english/elaws_regs_060350 As a building owner you will be interested in the following Regulations: - R.R.O. 1990, Regulation 859 Window Cleaning -O.B.C. Act 1992 O.Reg. 350/60
www.BrookBC.com 905-385-4496 1-888-343-3023
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
SECTION COVERING: Brantford Chatham Grey & Bruce Counties Ingersoll London
Owen Sound Sarnia Simcoe Stratford St. Thomas Tillsonburg Windsor Woodstock
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SOUTHWESTERN ONTARIO
SOUTHWESTERN ONTARIO
12
Volume 18 Issue 09
Commercial Real Estate & Business Opportunities
Londonâ&#x20AC;&#x2122;s Income Property Specialist Helping others build wealth through real estate!
519-643-6014 brucethomas@royallepage.ca Sales Representative
MULTI FAMILY APARTMENTS â&#x20AC;&#x201C; STUDENT HOUSING - LAND
Ã&#x20AC; 584 Talbot St and 124 Albert St London Ã&#x20AC; Both properties must be purchased together Ã&#x20AC; Fully Rented until April 30, 2019 for $16,780 per month Ã&#x20AC; High Rise Zoning for future development potential
2718_DJW_0030
30 BEDROOM STUDENT HOUSING PORTFOLIO DOWNTOWN LONDON - $2,695,000
2718_DJW_0029
Southwest Ontario
Bruce Thomas, MBA
Ã&#x20AC; Legal Rental license Ã&#x20AC; 1 â&#x20AC;&#x201C; 6 Br units Ã&#x20AC; 4 â&#x20AC;&#x201C; 5 Br units Ã&#x20AC; 1 â&#x20AC;&#x201C; 4 Br units Ã&#x20AC; Both buildings fully renovated in the last 5 years
Shelley Rether :\[[VU .YV\W :LSLJ[ 9LHS[` 0UJ )YVRLYHNL 0UKLWLUKLU[S` 6^ULK HUK 6WLYH[LK
Sales Representative JLSS
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PATIO MOTEL IN GRAND BEND
F+1>F
|
40 Main St E
â&#x20AC;¢ Great location Â&#x2039; (JYVZZ MYVT 3*)6 :VIL`Z Â&#x2039; /PNO [YHMÃ&#x201E;J HYLH VU /^` Q\Z[ ,HZ[ VM /^` :OVWWLYZ +Y\N 4HY[ Â&#x2039; >HSRPUN KPZ[HUJL [V [OL ILHJO YLZ[H\YHU[Z IHYZ ZOVWWPUN Â&#x2039; \UP[Z VMÃ&#x201E;JL V^ULY»Z YLZPKLUJL Please say you saw it in The Commercial Investor
Volume 18 Issue 09
13
Commercial Real Estate & Business Opportunities
INVESTMENT OPPORTUNITY
LONDON, ON
ST. THOMAS, ON Southwest Ontario
INVESTMENT OPPORTUNITY
3.11 Acres of Development Land Gainsborough Road / Hyde Park Road Within 1KM of London’s north west retail node Business District Commercial zoning SALE PRICE $2,350,000
±36,296 Sq. Ft. multi-tenant investment property 6LJQLÀFDQW UHFHQW XSJUDGHV WR LQWHULRU H[WHULRU Ample on-site parking ASKING $3,300,000
For further information, please contact:
Rick Spencer**
For further information, please contact:
Barry Poley*
rick.spencer@cbre.com 519 286 2005
Glen Larocque*
barry.poley@cbre.com 519 286 2015
CBRE Limited, Brokerage
**Broker *Sales Representative
www.cbre.ca
glen.larocque@cbre.com 519 286 2008
CBRE Limited, Brokerage *Sales Representative
www.cbre.ca
Sutton - Huron Shores Realty Inc. Brokerage Independently Owned and Operated
606 Goderich St., Port Elgin, ON N0H 2C0
519-797-1007 1-888-727-1007
Brian Shular
Broker of Record
Doug Freiburger
Kaitlyn Shular
Crystal Mitchell
Joey Wentworth
Sales Representative Sales Representative Sales Representative Sales Representative
100 ACRE POULTRY FARM
MANY POSSIBLE USES
EXCELLENT INCOME INVESTMENT
223 CONC. 14, SAUGEEN TWP. $1,600,000
311 Goderich St., Port Elgin $729,999
569 Green St., Port Elgin $534,900
308’ X 40’ 2 FLOOR POULTRY BARN 86’ X 52’ 2 FLOOR BARN W/CONCRETE SILO 3 BEDROOM FARM HOUSE, 2 WELLS, 2 SEPTIC SYSTEMS 84 ACRES ARE RENTED YEARLY MLS # 119179
Located in a Prime, High Traffic Area Large 140 ft x 330 ft Lot, Detached Storage Building Over 4,000 sq. ft. of Space, Many Possible Uses Two Gas Furnaces, Two Central A/C Units, MLS # 118751
Stately 2 Storey Brick Property 5 Apartments, Fully Rented Located steps to the Downtown Core Short Walk to the Beach & Harbour MLS # 115253
1918_DJW_0031
1918_DJW_0021
1518_DJW_0005
www.suttonhuronshores.com Not intended to solicit properties currently listed for sale.
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11239820_3118
businesssavvy
Commercial real estate industry Period of growth in GTA continues
W
ithin the past quarter, strong headwinds surrounding international trade and a change in Ontarioâ&#x20AC;&#x2122;s legislative party have resulted in uncertainty in the Canadian market, according to Colliers International private capital investment group GTA market snapshot released in August. Nonetheless, the commercial real estate industry remains in a period of growth, supported by strong market fundamentals such as low unemployment, a large educated talent pool and surging immigration levels. Ongoing market changes continue to affect the industry, inďŹ&#x201A;uencing both trends and valuations.
â&#x20AC;Ścontinued on page 34
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
SECTION COVERING: Ancaster Caledonia Cayuga Dundas
Dunnville Grimsby Hamilton Haldimand Stoney Creek
For advertising contact Yhanique Facey
Daphne Kua
Media Consultant
Media Consultant
1-866-536-2606 905-532-2606
1-866-532-2593 905-532-2593
yhanique@mediaclassified.ca
daphne@mediaclassified.ca
HAMILTON
HAMILTON
16
Volume 18 Issue 09
Commercial Real Estate & Business Opportunities
Hamilton
44 #17 HALDIMAND ROAD, DUNNVILLE $899,900 Incredible Dunnville Package! Opportunities abound on this 5.7 acre parcel with multiple outbuildings & custom built home! Highlights - 20 ft ceilings, designer kitchen, double sided fireplace, finished basement w/ rec rm, & interior stone koi pond. Ideal home based, turn key business opportunity (currently – “The Potting Shed”). Live the life you deserve! 2318_DJW_0005
33 MAIN ST N, WATERFORD $349,900 Turn-key restaurant/commercial building in the Heart of Waterford! Great exposure & curb appeal w/ ample parking! Many commercial uses w/ zoning. Includes all equipment & chattels. Updates H/VAC, electrical, roof, kitchen & more. Env study & P/L available upon request! A family friendly community!
1917_DJW_1_0055
SOLD 4875 RAINHAM ROAD, SELKIRK $259,900 Fantastic opportunity to own profitable, turn-key Dairy Freeze/Restaurant business sit. 1.02ac hi-visible corner lot at busy intersection-incs 2 Road entries-1 Conc. N of L.Erie-40 mns/Hamilton. Incs 1000 block building, full basement, steel roof, n/g furn/AC ’10, well w/Comm. UV system ’13 +all equip/see att. Sch, est. clientele since 1962. P&L avail/serious inquires only-VTB potential. No Franchise Fees/No Management Fees. 1118_DJW_0035
20 ROBINSON STREET, SIMCOE $279,995 Investment Property loc. in Simcoe’s downtown core w/ ex. pedstrn/traffic exposure. Aprx. 7000sf Comm/Res. Blding-incs 2 Comm. Units (1 rented $1007 p/mnt), huge aprx. 3600sf 2nd flr ftrs 1580 sf hall w/14.6’ ceiling - ideal gallery/banquet hall/ fitness centre, ktchn + 2 bdrm unit. Zoned ”CBD”- allows for sev. uses.
3117_DJW_0017
Please say you saw it in The Commercial Investor
1271 #3 HIGHWAY, DELHI $250,000 1 acre Commercial/Residential property near Delhi. Incs 1.5 stry dwelling ftrs Comm. kitch/sitting area/WI cooler, 2 baths, master, res.kitchen, liv rm w/hardwd flrs+walk-out to sunrm. Upper lvl-fam rm, 2 bdrms+3pc bath. Detached 26’x40’ garage/ shop w/2pc bath+13.5’ ceilings+ multi-purpose building. 2718_DJW_0019
Volume 18 Issue 09
17
Commercial Real Estate & Business Opportunities
H A M I L T O N
Mazhar Roshan Sales Representative
HomeLife Professionals Realty Inc.
Direct GTA Direct
BROKERAGE
Office
0 OH]L X\HSPÄ LK I\`LYZ MVY \W [V 4 PU JVTTLYJPHS HUK PU]LZ[TLU[ I\`LYZ *HSS MVY KL[HPSZ
mazharroshan@sympatico.ca POWER OF SALE - $10,000 6502 JAMES ST, INWOOD
HAMILTON RE DU CE D
SOLD
BURLINGTON FOR LEASE
Long established Pizza and Wings business. Doing over $50,000 sales per month. Low rent and long lease, real money-making business. Close to all amenities, schools and on bus route. Good for big family or business oriented individual.
1917_DJW_1_0043
Commercial building. Good for any type of retail, commercial or office. Property being sold “as is, where is.” Buyer or his agent to do the due diligence.
1917_DJW_1_0005
2000 sq. ft. on lower level for storage.
MOHAWK RD. – HAMILTON
HAMILTON MOUNTAIN
1918_DJW_0009
PIZZA STORE
UPPER WENTWORTH - HAMILTON
2318_DJW_0026
Hamilton mountain great location. Busy convenience store w/sales of approx $9000 per week (lottery not included). Extra rev, lottery income of approx $2500/mo. ATM 500, break open 200. Close to family restaurant and drug store. Clean, renovated, improved business w/lg number of regular customers. Low rent $3000 p/m and low overheads, long lease, good for family operation. For more details call LBO. Please do not go direct.
2318_DJW_0027
Central mountain location, long established conv store. Doing over 6000 per week. Lotto income is $4000 per month, ATM $350. Low rent ($2538) p.m., long lease. Good for family operation. Do not go direct. Call LBO for more details. One partner is R.R.A. $69,900
Great investment opportunity. High traffic central mountain location approx. 2,800 sq.ft. two units one dentist, the other catering business. Many updates including exterior stucco, newer A/C, furnace. For viewing and details call LBO. Do not go direct. 48 hrs notice for showings. Showing between 9-5, Monday-Friday only. No weekend showings. $699,900
“My Business is to Sell Your Business”
FOR
FURTHER INFORMATION:
JOHN HRYCZYNSKI BROKER (905) EMAIL:
REAL ESTATE BROKERAGE
529-5900 X 240 JOHN@BBSREALTY.COM
WWW.BBSREALTY.COM
COMMERCIAL REAL ESTATE
1118_DJW_0059
PRIME WEST HAMITLON Freestanding building located in prime West Hamilton in the Westdale Village district near McMaster University, excellent corner location with 14 + parking. Existing building approx. 1,600 sf in excellent condition used as office space, ideal for same and for most other retail uses. Avoid years of LRT construction and relocate your business to this prime location. Asking only $945,900, VTB available to qualified buyer, won’t last.
EAST HAMILTON LOCATION Fully leased busy corner retail plaza with excellent exposure to high traffic along a major east west arterial street with easy highway access. Possible future Light Rapid Transit route in front of plaza. Located in a large mixed density residential area. Ideal carefree investment with many long term Tenants. This plaza contains 9 units, 7 ground floor retail & 2 lower level units. Good on-site parking. Asking $2,695,000. Call for additional details.
1400 UPPER JAMES ST., HAMILTON Prime Upper James Street location with excellent exposure on this power retail corridor; high traffic location with easy access to major arterial roads and highways. Busy retail plaza with large retail and service anchors. Unit is 10,820 sf, high ceilings and open area ideal for most retail and other uses. Attractive rental rate. Abundant parking, early 2019 possession. Asking only $12.95/sf net. Call for details.
FOR LEASE
NEW RETAIL PLAZA FOR LEASE
FREESTANDING RETAIL BUILDING FOR LEASE 1518_DJW_0051
RETAIL FOR LEASE
1917_DJW_1_0069
FOR SALE
3118_DJW_0038
RETAIL PLAZA FOR SALE
3118_DJW_0037
COMMERCIAL REAL ESTATE SALES AND LEASING SERVICES
CENTRAL HAMILTON Great freestanding building located on busy corner lot with excellent exposure and loads of parking on adjacent leased parking lot. Building size 4,100 sf (3,000 sf main floor, 1,100 mezzanine) used by successful Master Paints Retail business for decades, ideal for same or most other commercial or industrial uses. Ideal for retail/ mfg./whse. uses. Close proximity to large industrial companies and residential areas. M6 Zoning permits a variety of uses. Asking $9.90/sf net. Immediate possession.
CALEDONIA BUSINESS DISTRICT A new mixed use plaza devleopment in the downtown business district with occupancy September/October 2018. Excellent exposure along this busy major arterial through the centre of this growing town and located just west of the new 3500 residential unit development now under construction. Retail units from 1,000 sf to 5,000 sf. Ideal opportunity for most retail/office uses. Suitable for most national tenants, call for details.
1010 UPPER WENTWORTH ST, CENTRAL HAMILTON MOUNTAIN A freestanding signature retail building located directly across from Lime Ridge Mall. Prime exposure to high Mall traffic on this major power retail corridor with many national tenants. Easy access to expressway connecting to all areas of upper Hamilton. Existing building has dominant exposure and is 11,650 sf on main floor with loading dock. Ideal for most retail or office uses. Asking $16.95/sf net. Landlord may custom build, call LB for further details.
Please say you saw it in The Commercial Investor
Hamilton
905.929.9800 647.609.9463 905.574.6400
Volume 18 Issue 09
Commercial Real Estate & Business Opportunities
Roman Spytkowsky, Broker 905-528-8956 ext. 4190
242
Main St. E. Hamilton
SUB LEASE QEW EXPOSURE
MEDICAL USE SPACES
$
2) THPU Ã&#x2026; VVY \UP[Z VU 4VOH^R Call for details
7U *X SJ RH ¾ SSV KSVKISYW SJ½ GI WTEGI :IV] [IPP ETTSMRXIH YRMXW 0SXW SJ TEVOMRK 0SGEXIH SR South Service Road between Fruitland and Jones 6SEH :IV] UYMGO SJJ XLI 5); 'EPP JSV MRJS VIKEVHMRK this sub lease.
617 PARKDALE HAMILTON (INDUSTRIAL) UP TO 30,000 SQ.FT. 1917_DJW_0052
2318_DJW_0043
D
E AS
D E S
A E L
7,602 SQ FT WAREHOUSE & OFFICES
KING STREET EAST DUNDAS
LE
KING STREET EAST DUNDAS
175 HUNTER STREET HAMILTON
HAMILTON MOUNTAIN 40 MOHAWK ROAD EAST 2318_DJW_0045
Industrial building on the corner of Parkdale and Brampton Street. Approx. 19,480 sq. ft. Good for single user or may be divided. 2 over head drive in doors and 2 loading docks. Asking 6.75 per sq ft base rent. Quick to Burlington Street or Red Hill.
2318_DJW_0046
;EVILSYWI 3J½ GIW ERH 1I^^ERMRI 5YMGO XS 5); ;MXL SZIV 7U *X 3ZIVLIEH HVMZI MR HSSV bathrooms â&#x20AC;&#x201C; this could be your new location.
2318_DJW_0044
%TTVS\ 7U *X JSV VIXEMP SV SJ½ GI :IV] FYW] PSGEXMSR JSV ]SYV RI[ FYWMRIWW 0SGEXIH FIX[IIR York and Syndenham Road.
3 spaces available here for medical use only. Plenty SJ TEVOMRK 3R 1SLE[O RIEV .EQIW )EW] XS WLS[ these units.
STONEY CREEK QEW EXPOSURE
QEW EXPOSURE 2300 SQ. FEET
789 WOODWARD 4,758 SQ FT WAREHOUSE
D E S
A E L
+VSYRH ¾ SSV YRMX SJ %TTVS\ 7U *X 4VIWXMKI SJ½ GIW ERH [EVILSYWI &IX[IIR *VYMXPERH 6SEH ERH Jones Road on the South Service Road. Second to 5);
D E S
0718_DJW_0007
*ERXEWXMG WXERH EPSRI FYMPHMRK [MXL ¾ SSVW GSQTPIXIP] ½ RMWLIH [EWLVSSQW ERH MW E TMIGI 0SXW SJ TSXIRXMEP YWIW LIVI :IV] GPEWW] MRWMHI ERH SYX )EW] EGGIWW XS ZMI[ 'EPP XSHE]
1118_DJW_0042
Ready for Tenant.This unit has a basement and plenty of parking. Approx 130 Sq Ft. Great for accountant, lawyer, or retail venture. Asking $2000/month
1118_DJW_0057
Hamilton
1) 1 unit in Westdale approx. 1060 sqft, UK Ã&#x2026; VVY ^P[O ,SL]H[VY Great spot on Corner of Parkdale & Brampton 7XVIIX 3J½ GI EVIEW [EVILSYWI ERH WLST EVIE SZIV LIEH HSSVW :EGERX IEW] WLS[MRKW
8.00
BASE RATE
1917_DJW_0044
0718_DJW_0006
11,350 SQ FT PREVIOUS BODY SHOP
email: romans@efforttrust.ca
1118_DJW_0043
18
A E L 8LMW MW E RH ¾ SSV 5); )\TSWYVI YRMX SJ ETTVS\ WU JX -X MW GYVVIRXP] ER YR½ RMWLIH YRMX 0ERHPSVH is willing to do some renovations for Tenants wish list. Call for more details.
3R ;SSH[EVH RIEV +PS[ %ZI 0EVKI KEXIH JEGMPMX] 0EVKI [EVILSYWI [MXL [EWLVSSQ ERH SZIVLIEH drive in door. Asking $6 base.
19
Commercial Real Estate & Business Opportunities
Hamilton
Volume 18 Issue 09
11294991_3118
Your nexthome is here!
Please say you saw it in The Commercial Investor
GREATER TORONTO AREA
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
GTA SECTION COVERING: Ajax Alliston Bowmanville Bradford Bolton Burlington Brampton Concord, Durham Region
Etobicoke Georgetown Georgina Keswick Markham Milton Mississauga Newmarket North York Oakville Oshawa
Pickering Richmond Hill Scarborough Schomberg Sutton Toronto Tottenham Thornhill, Vaughan Whitby Woodbridge
For advertising contact Yhanique Facey
Daphne Kua
Media Consultant
Media Consultant
1-866-536-2606 905-532-2606
1-866-532-2593 905-532-2593
yhanique@mediaclassified.ca
daphne@mediaclassified.ca
Volume 18 Issue 09
21
Commercial Real Estate & Business Opportunities
SkyViews Plumbing Preventative Maintenance - Part 1 by Frank Salemi, Municipal Mechanical Services Ltd
A top concern for managers of properties of all sizes is plumbing systems. Whether the building is an office property, high-rise multi-family residential building or a single-story commercial building, plumbing problems are in a class of their own.
As a minimum, property managers need proof of licensure and insurance. If the work requires them to enter the premises of residents or tenants, getting a firm with bonded employees is important. Water Conservation Makes Cents One leaking toilet can waste as much as 90 gallons of water in 30 days. If you manage a property, this can lead to excessive water bills. When spread over multiple toilets and multiple properties and water bills, running toilets are budget busters. Inspect plumbing fixtures on managed properties and fix leaking toilets and other fixtures that waste water. These repairs are easy and affordable.
One sign of an experienced and efficient owner or property manager is the ability to solve problems fast and properly the first time. The key to this is to have service agreements with companies you can count on and are comfortable dealing with.
Maintain Your Water Heating Systems We all know that a well-maintained car runs longer and better than a car whose owner doesn't give maintenance a second thought. Equally important, preventative maintenance programs cut the number of repairs and their extent.
Tips for Selecting a Plumbing Contractor An experienced owner or property manager never accepts a plumbing bid over the phone. When approached logically, a phone bid is not a good idea. Is a plumber able to quote a price without inspecting a job? Many new property managers have a rude awakening when the contractor arrives on-site, does the work and presents you with a bill with additional charges. Insist on the contractor coming to your site and making a firm bid based on an inspection.
No Matter What, Metal Parts of Your Plumbing System Will Rust Corrosion happens, as a result of alkaline water, oxygen, salts, sand, sulfates, by-products, rust and sediment from the water heating system. Choose well-equipped plumbing companies with the latest technology such as video scopes to inspect pipes and drains to pinpoint the problem, and its location, then select the best method of repair. Consider different material options that might be more cost effective in the long run like PVC and CPVC.
There are many potential causes of plumbing problems that a phone call cannot analyze. These include tree roots that invade sewer and drain lines, improper installation of original systems and more.
To be continued in the next issue of Commercial Investor... Stay Tuned for more Tips and a Checklist!
Make Sure Your Plumber Has the Right Credentials for the Job As a rule, most provinces require plumbers to license.
Article Provided by: Frank Salemi Municipal Mechanical Services Ltd Tel: 905-794-0800 www.municipalmechanical.com
SKYVIEW REALTY LTD.,Brokerage Apartment Building Sales
Tel. (416) 444-6545 E-mail: info@skyviewrealty.com
Fax (416) 444-6997 Website: www.skyviewrealty.com
Please say you saw it in The Commercial Investor
REALTOR
R O
Greater Toronto Area
If you are a building or property manager, it is likely you are also a quick change artist. The ability to change hats quickly is something an excellent property or facility manager is adept at doing. Commercial property managers negotiate rentals with new tenants and stay aware of code changes for all building systems including plumbing, electrical and HVAC. Knowing about laws and regulations for the local jurisdiction, waste removal and fire safety is a job requirement, too.
22
Commercial Real Estate & Business Opportunities BALBIR SARAL, Broker Cell: 416-453-5892 Emial: balbir.saral@century21.ca KEN RATTAN, CCIM, Broker Cell 416-805 9827 Email: ken.rattan@century21.ca
MISSISSAUGA LAND 22 acre site. Open to many types of mixed used development. Highway 403 Exposure. Principals only. Asking Price: $20 Million BRAMPTON LAND DEVELOPMENT SITE PLAN APPROVED FOR GAS STATION. LOI FROM MAJOR GAS COMPANY IN PLACE. EXCELLENT POTENTIAL. LOCATED IN RESIDENTIAL AREA. LAND ONLY: $5 MILLION OR TURN KEY $7 MILLION Greater Toronto Area
LAND FOR GAS STATION DEVELOPMENT 2 ACRE SITE PLAN APPROVED FOR GAS STATION & CARD LOCK. LOI FROM ESSO. QEW EXPOSURE NEAR NIAGARA FALLS. LAND ONLY: $1.2 MILLION OR TURN KEY $2.5 MILLION
MIXED USE FULLY LEASED HAMILTON 3 apartments and a commercial tenant. Shared Laundry. Fully leased. High Income.
Volume 18 Issue 09
TEJWINDER SUDAN, Broker Cell: 647-283-6448 Email: tejwinder.sudan@century21.ca SKYLARK REAL ESTATE LTD., BROKERAGE
BALJIT GILL, Broker Cell: 416-662-3550 Email: baljit.gill@century21.ca
Independently Owned & Operated
905-673 3100 1510 Drew Rd. Suite 6, Mississauga, ON.
TORONTO HOTEL DEVELOPMENT SITE APPROX. 3 ACRE PROPERTY. EXISTING BANQUET FACILITY. SITE PLAN APPROVED FOR HOTEL WITH LOI FROM MAJOR OPERATOR. CURRENT NOI OF $550,000 OR REDEVELOP PROPERTY FOR HOTEL & BANQUET CENTRE. ASKING PRICE: $17.5 MILLION
DEVELOPMENT LAND IN HAMILTON 1.2 ACRE CORNER PROPERTY. MANY USES ALLOWED. I.E.: PLAZA, RETAIL, GAS STATION, BANK, RESTAURANT, OFFICE, CONDO, APARTMENT ETC. PRINCIPALS ONLY. ASKING PRICE: $3.0 MILLION
CAR WASH & TIM HORTON’S
HEAVY INDUSTRIAL LAND WHITBY
NEAR HAMILTON. 2.2 ACRE PROPERTY WITH TUNNEL CAR WASH, COIN WASH AND TIM HORTON’S. ADDED VALUE ON LAND TO BUILD MORE RETAIL OF ABOUT 2000 SF.
50 ACRES FLAT LAND. HIGHWAY 401 EXPOSURE. ASKING PRICE: $ 6 MILLION
ASKING PRICE: $3.8 MILLION TORONTO GAS STATION DEVELOPMENT
HOTEL OPPORTUNITY LAND SITE PLAN APPROVED FOR 120 ROOMS. MAJOR BRAND HOTEL. SITE WILL BE READY 2019. NEXT TO GTA
Brand New gas station development. 2,000 sf. C-store with food partner. Major brand. Huge upside.
ASKING PRICE: $35 MILLION
ASKING PRICE: $6.2 MILLION
INVESTMENT BUILDING Free standing Bank of Nova Scotia. 15,000 sf. NNN lease. Net income over $165,000/yr.
Asking Price: $3 Million
Asking Price: $950,000
GAS STATIONS LAND - MISSISSAUGA
We have locations 5 acres, Onover main40 road, corner property in All Mississauga. Ideal available. major brands: location for hotel with banquet hall esso, PetroCanada,developShell, and retail/commercial Pioneer, Mobil. ment. Ultramar Principals & Only. Asking Price: $2.5 Million/Acre Call for more information.
PLAZA 1) 21,000 sf. Net $260,000. 4.75% Cap Rate. 1 Hr from GTA.
2) 1 Hr from GTA. AAA tenants. Cap Rate: 4.75%.
3) Toronto Location. Net Income: $157,000. 4.75% Cap Rate.
4) Located in Orangeville. Newer construction. Long term stable tenants. Net income $307,000. 6% Cap rate. 5) 6 Commercial and 6 residential tenants. Fully leased with escalations. Stable long term tenants. Asking Price: $3,800,000
1) In Toronto. C-Store: $1.1 Million Gas: 6 Million, corner location. Asking: $6.5 Million. 2) Near Barrie. Renovated. Self-serve. House on the property. Propane & store sales very high volume. Asking price: $3.4 Million 3) Near Guelph. 11 Million L, 1.4 Million store. Rental income from Tim’s Hortons. Propane. Residence on the property. Asking: $8 Million
1) Renovated. Drive-thru for Tim’s. High volume store & fuel. Propane & extra rental income. Near Guelph. Asking: $4.9 Million 2) 1 year new. Near Hamilton area, 4 million L, 1 Mil store. Asking: $3.6 Million 3) 2 year new site. 5 Million L, 1.2 Million store. Near St. Catherine’s. Asking: $3.9 Million. 4) BUSINESS ONLY FOR SALE. Rent: $15,000/mth. Net income: $250,000 Asking: $599,000
Please say you saw it in The Commercial Investor
Volume 18 Issue 09
23
Commercial Real Estate & Business Opportunities
Debbie Dixon Ϙ˒Ά̗Ϙ ϐ̗όϐ̗Ϙ̗Δϥ˒ϥ͜Х̗
Achievers Realty, Brokerage
Direct 905-626-7677
Off: 905-428-7677 555 Kingston Rd W, Ajax, ON L1S 6M1
debbiedixon@rogers.com
Buyers Wanted, Homes Available. Let Me Help You Find Yours! Oshawa Highly Desired Area 1,275,000
$
899,000
2 Separate Deeds, Approximately 2.5 Acres Each As Per The Registered Plan. Prime Land With Services Available. Unique With View Of Park & Lake. Easy Access To 401/407.
Reno’d Freestanding Comm. Building In Excellent Location With Awesome Drive-By Exposure & On-Site Parking. Full-Height Basement, Open Concept Main Floor.
Call Debbie 905-428-7677 or 905-626-7677
Call Debbie 905-428-7677 or 905-626-7677
Payam Shahri Sales Representative
Cell: 416-970-9495 Office: 416-226-1987 payamshahri71@gmail.com
PRIME NORTH YORK LOCATION o
/M
0 ,40
$1
OFFICE SPACE FOR LEASE IN PRIME AREA
nth
th
on
/M
0 60
$
Office Space For Lease In Desirable Location. Bright Open Space Fully Air-Conditioned, Bright & Open, Suitable For Various Types Of Suitable For Various Types Of Professional Offices. High Traffic Area. Professional Offices. Landlord Pays Building Insurance & Property Great Opportunity! Landlord Pays Building Insurance & Property Tax! Tax. Very Desirable, High Traffic Area. Call for more info.
Please say you saw it in The Commercial Investor
Greater Toronto Area
$
Downtown Whitby 52.37’ x 136’ Lot
business
Economic Growth to slow in 2018 for some medium-sized cities
A
part from Greater Sudbury and St. Catharinesâ&#x20AC;&#x201C;Niagara, Ontarioâ&#x20AC;&#x2122;s mediumsized metropolitan areas can expect economic growth to moderate this year, according to The Conference Board of Canadaâ&#x20AC;&#x2122;s latest Metropolitan Outlook. Still, Oshawa and Guelph are expected to boast the fastest growing economies among the 16 cities covered in the report, with growth of 2.6 per cent and 2.3 per cent, respectively.
â&#x20AC;&#x153;In most Ontario metropolitan areas, economic growth is slowing in line with the national economy. Rising interest UDWHV QHZO\ LPSOHPHQWHG WDULÍżV RQ Canadian exports, and stricter mortgage rules are limiting growth across a number of sectors,â&#x20AC;? says Alan Arcand, associate director, Centre for Municipal Studies, The Conference Board of Canada. â&#x20AC;&#x153;In fact, most Ontario cities covered in this report can expect to see their economies expand by less than two per cent this year.â&#x20AC;?
tougher mortgage rules are also putting a damper on the metro areaâ&#x20AC;&#x2122;s previously hot housing market. After posting a strong gain of 3.0 per cent last year, Kingstonâ&#x20AC;&#x2122;s economic growth will moderate to 1.9 per cent in 2018. The public sector â&#x20AC;&#x201C; the cityâ&#x20AC;&#x2122;s biggest economic driver â&#x20AC;&#x201C; is forecast to experience cooler growth RYHU WKH QHDU WHUP 7KH VORZGRZQ ZLOO QRW EH FRQĂ&#x20AC;QHG to the public sector, as wholesale and retail trade, construction and manufacturing are also expected to see growth decelerate. Londonâ&#x20AC;&#x2122;s real GDP is set to rise 1.9 per cent in 2018, furthering a string of economic gains going back to the end of the 2009 recession. While overall services growth is set to ease this year, two key industries in London â&#x20AC;&#x201C; education and health care â&#x20AC;&#x201C; are set to post solid advances of 2.1 per cent and 3.1 per cent, respectively. At the same time, although retail trade output growth is on track to decelerate sharply, this yearâ&#x20AC;&#x2122;s projected gain of 2.3 per cent is consistent with the industryâ&#x20AC;&#x2122;s historical average annual growth. Kitchenerâ&#x20AC;&#x201C;Cambridgeâ&#x20AC;&#x201C;Waterlooâ&#x20AC;&#x2122;s economy is poised to expand by 1.6 per cent in 2018. The areaâ&#x20AC;&#x2122;s economy remains diverse and broad-based, but strength in manufacturing and the services sector will lead the FKDUJH 7KH Ă&#x20AC;QDQFH LQVXUDQFH DQG UHDO HVWDWH LQGXVWU\ has slowed due to housing market cooling measures, and growth hit a post-recession low of 1.3 per cent last year. Transactions are expected to edge higher later in the year and the industry should see a slight rebound in output growth at 1.9 per cent.
HIGHLIGHTS Oshawaâ&#x20AC;&#x2122;s economy is forecast to cool slightly, with real GDP advancing 2.6 per cent in 2018, following 3.2 per cent gains in the last two years. Robust non-residential construction, together with output strength in wholesale WUDGH HGXFDWLRQ KHDOWK FDUH Ă&#x20AC;QDQFH LQVXUDQFH DQG UHDO HVWDWH ZLOO PRUH WKDQ RÍżVHW WKH IRXUWK DQQXDO FRQWUDFWLRQ in manufacturing this year. Guelph is poised to see continued, albeit moderating, economic growth of 2.3 per cent in 2018, after a 3.1 per cent gain last year. The cityâ&#x20AC;&#x2122;s manufacturing sector will FRQWLQXH WR EHQHĂ&#x20AC;W IURP D EHORZ SDU &DQDGLDQ GROODU and solid demand from the United States. Guelphâ&#x20AC;&#x2122;s trade sector saw an impressive 7.3 per cent output gain in 2017, but a more sustainable 2.7 per cent expansion is in the cards this year. Windsorâ&#x20AC;&#x2122;s economic growth exceeded 3.0 per cent every year between 2014 and 2017. But that streak is expected to end this year. Local economic growth is slowing in tandem with U.S. light vehicle sales and is expected to reach 2.0 per cent in 2018. Higher interest rates and
The Greater Sudbury economy will continue its recovery and expand by 1.2 per cent this year, on the heels of a 0.5 per cent increase in 2017. A decent outlook for nickel is fostering hope for the primary and utilities sector, which is set to expand 1.6 per cent in 2018 following four straight annual contractions. Another year of moderate economic expansion is in store for Thunder Bay, with real GDP slated to slow slightly to 1.2 per cent from 1.3 per cent last year. Manufacturing output growth continues to inch higher this year, mirroring last yearâ&#x20AC;&#x2122;s advance. Meanwhile, a weakening housing market is expected to be partly responsible for limiting growth on the services side of the economy this year. St. Catharineâ&#x20AC;&#x2122;sâ&#x20AC;&#x201C;Niagaraâ&#x20AC;&#x2122;s economy will continue to grow at a moderate but steady pace over the next two years, with real GDP forecast to expand by 1.2 per cent in 2018 and 1.4 per cent in 2019. Decent non-residential DFWLYLW\ ZLOO RÍżVHW GHFOLQLQJ QHZ KRPH FRQVWUXFWLRQ allowing the overall construction sector to grow at a healthy rate this year. Source: The Conference Board of Canada
SELLING REAL ESTATE FOR OVER 28 YEARS
Platinum Award Winner
Bill Morrison SALES REPRESENTATIVE
Direct:
905-619-9500
Toronto line: 416 798 7278
Email:
Heritage Realty Inc., Brokerage Independently Owned and Operated
morrisonb@sutton.com
TORONTO
OSHAWA
ASKING $2,300,000 Very well maintained and fully Tenanted money maker. Has 8 two bedrooms and 2 one bedrooms units with potential for bachelor. Close to Humber River Hospital. Separate hydro Meters. Lots of Parking.
ASKING $1,815,000 11 Unit Apartment Building. All 2 bedrooms. Near Prime Oshawa Centre. Some Recent Upgrade. All Units Above Grade. Fully Tenanted. First time on the market.
TORONTO
TORONTO
ASKING $5,290,000 Prime Retail Plaza with development upside. Great Location in the heart of Scarborough high traffic area. Large Lot. Don’t Miss Out on this Opportunity.
ASKING $3,590,000 Corner Plaza on Busy Kingston Rd, Fully Leased, Excellent Investment Opportunity. Extensive Capital Improvements.
COURTICE
CLARINGTON
41 Acres on the boarder of Oshawa and Courtice Close to downtown. Has an old farmhouse and barn with could be renovated or replace them with new home. Ideal property to land back to the future. Seller will consider holding VTB mortgage with 50% down at 4%.
ASKING $2,799,000 Prime Commercial corner locations on 4.18 Acres. Mixed zoning. Fully leased 6 tenants. Plus detached home also leased. Close to Hwy 407. Potential to increase size of plaza. Located in one of the fastest growing regions. Net income $153,000 Great CAP Rate. VTB available.
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
Volume 18 Issue 09
Commercial Real Estate & Business Opportunities
27
â&#x20AC;&#x153;Ex-Commercial Banker And Accountant That Will Help With All Your Commercial Financing Needsâ&#x20AC;? RECENT TRANSACTIONS (1) 100% LTV Financing for $2.1M Commercial Building (2) 85% LTV Financing For $1.9M Commercial Building 3;= -PUHUJPUN -VY 4 9LĂ&#x201E; UHUJL 6M /V[LS Going Through Receivership. 9LĂ&#x201E; UHUJPUN 6M 7YVWLY[` ;V 9LTV]L *9( 3PLU
OTHER SERVICES (SS ;`WLZ 6M *VTTLYJPHS 4VY[NHNL -PUHUJPUN 4V[LSZ /V[LSZ .HZ :[H[PVUZ ,[J ;LUHU[ 3HUKSVYK -PUHUJPUN (3) Unsecured Loans 0U[YVK\J[PVUZ ;V 1VPU[ =LU[\YL 7HY[ULYZ -VY +L]LSVWTLU[
Get Trained Find your Job Launch your Career
FSCO Licence # 10874 Jay.Singh@ontariomortgagepros.com
P L A C E S.C A
jobs.trainingplaces.ca
HAMILTON APARTMENT FOR SALE 18 suites in a Prime Residential area in high demand Hamilton 15 suites have been totally renovated %XLOGLQJ LQ JUHDW VKDSH URRIV FRPPRQ DUHDV Ă&#x20AC;UH HVFDSHV DOO GRQH 6WDEOH VROLG FDVK Ă RZ IRU WKDW SDVVLYH LQYHVWRU Lorenzo DiGianfelice, Broker of Record & Owner ldigianfelice@cfrealty.ca Commercial Focus Realty Inc. 35 The Links Rd #201, Toronto, ON, M2P 1T7 / 416-907-8281 Direct Please say you saw it in The Commercial Investor
Greater Toronto Area
Jay Singh Tel: 416-666-3479
28
Volume 18 Issue 09
Commercial Real Estate & Business Opportunities
#
Commercial Team In Canada! *
The PB Team Realty Brokerage Independently Owned and Operated
**
+ ** www.PBcommercialteam.com
www.PBcommercialteam.com ** Sales Representative
+ Broker of Record
0916_DJW_3_0071
MAIN/DANFORTH PRIME RETAIL/COMMERCIAL SPACE
0916_DJW_3_0071
REGISTER NOW FOR TORONTO’S ULTIMATE CONDOS BY THE TORONTO EXHIBITION!
Greater Toronto Area
Prime retail/commercial space available just steps from the Main subway! Great business opportunity! Busy Main/ Danforth intersection with heavy foot traffic. 1,800 sq. ft. with Main Street exposure! Excellent lease terms! Leaseholds and chattels available for sale for $60k, excluding company name, if purchased by June 1, 2018. $14.65/sq. ft. gross + utilities. Call George 416-554-7653. 1918_DJW_0050
#1 Toronto Project! Brand new, glass and steel, modernisticstyle with curvilinear accents that cultivate an inviting presence! Prices start from $320,900 with studios to 2 bedrooms + dens, and a wide range of amenities. Call today! 1518_DJW_0029
WANTED APARTMENT BUILDINGS! Canadian Corporation looking to Buy ALL CASH Apartment Buildings in Ontario. • I have over 30 years experience of Commercial Real Estate and work only directly with the Buyer!! • Sellers of Rental Apartment Buildings get a Superb Cap Rate for your properties!! • Size of rental buildings from 60 units up to 600 units complex. • In the process of accumulating over $100,000,000.00 in Rental Apartment Buildings in all cash transactions. • Principals only or First Line Brokers will be considered with proof of Listings from Sellers of Rental Apartment Buildings. • Rental Apartment buildings with Environmental Issues will be considered for Purchase!! Please contact George Politis, Broker of Record / Owner Member of Canada Chapter of CCIM (Certified Commercial Investment Member) Office 905-887-9000 or Cell 416-554-7653 •
3118_DJW_0034
www.PBcommercialteam.com | GPolitis@ThePBTeam.com 905-887-9000 • 416-735-2324 5071 Highway 7 East, Unit 5, Markham ON L3R 1N3
*Based on Re/Max Canada commissions in 2014 1st Q
All Listings are MLS unless otherwise noted. Not intended to solicit clients already under contract.
Please say you saw it in The Commercial Investor
Volume 18 Issue 09
Teresa Vu www.teresavu.com
29
Commercial Real Estate & Business Opportunities
416-294-4745 THINKING OF SELLING SOON?
S U P E R E X P O S U R E Teresa Vu, Sales Representative, Re/Max West Realty Inc., Brokerage C. (416) 294-4745 O. (416) 760-0600 www.teresavu.com Sell your home for the highest price using our marketing plan. Contact us by email: teresa@teresavu.com or call 416.294.4745
TORONTO
INNISFIL
Prime Location
Prestigious Beaches Neighbourhood
Beautiful Detached On Premium Lot
$39,000
$48,000
$579,000
Great Spot For Upcoming & Coming Designer, Existing Master Tailor For Suits, Or Open Your New Business Here, Excellent Location, Near Shops And Residences. Approx $20,000 in Existing Chattels, Supplies, Equipment!
Turn Key Business in Prime Location w/ Main Street 7UDIÀ F %UDQG (VWDEOLVKHG Opportunity To Expand Into A Franchise! Full Training. All Supplies & Equipment Already Worth $50,000 PLUS All Existing Chattels & Equipment.
2-Car Garage, Large Fully Fenced Yard, 17’ High Foyer, Oak Stairs, Gas FP, Large Modern Kit w/ Granite Counters & Breakfast Bar, Large Mbr w/ 5Pc Ensuite, Quartz Counters Thru’out. Close Proximity To Hwy 400.
Call Teresa 416-294-4745 for more info
Call Teresa 416-294-4745 for more info
Call Teresa 416-294-4745 for more info
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Please say you saw it in The Commercial Investor
Greater Toronto Area
TORONTO
30
Commercial Real Estate & Business Opportunities
Volume 18 Issue 09
Re/Max West Realty Inc., Brokerage INDEPENDENTLY OWNED AND OPERATED DIRECT
(416) 520-2020 Brian Walker Broker
BUS:
905-773-8000
briantoday@gmail.com
Formerly A Hair Salon In A Well Established Plaza Next Door To Home Hardware. Unit Is Nicely Finished. Immediate Occupancy. High Ceilings.
RICHMOND HILL
$18/SF
Greater Toronto Area
RICHMOND HILL
RICHMOND HILL
$21.22/SF
$979,900
Ready To Go Medical Office, Top Quality Leaseholds 2040 Sq.Ft. Includes 10 Office/Examination Rooms Plus Large Reception Area In The Most Prestigious Medical Building In North Richmond Hill/Oak Ridges With A Variety Of Equipment Included. Excellent Yonge St. Exposure Across From New Library, 2 Washrooms. The Space Is Ideal For A Large Family Doctor Or Speciality Clinic.
Unit Is Split Into 2 Spaces, Nicely Finished Leaseholds With Long Term Tenants. Front Is Nail Salon And 2nd Space Has Hallway Access To Dental Hygene Office. Great Opportunity To Own Commercial Space In Prime Plaza Location 1 Block West Of Yonge St Beside Home Hardware On Main Arterial Rd Leading To Hwy 400 Well Managed Condo Plaza With A Wide Variety Of Well Established Businesses.
Please say you saw it in The Commercial Investor
Volume 18 Issue 09
31
Commercial Real Estate & Business Opportunities
GREAT LEASE OPPORTUNITY IN TIM HORTONS PLAZA!! $17.75 /SF 2355 Sq. Ft. of Retail Space In Busy Location Conveniently Located At The Busy Intersection Corner Of Rossland And Thornton On The Boarder Of Oshawa & Whitby. The Plaza Has Great Signage With Ample In/Out Access. Thousands Of Cars Passing Daily. Clean Unit With Great Exposure. Last Releasable Unit Left In The Plaza. Competitive Rental Rates. Landlord Offering Rent-Free Period & Leasehold Inducements. Other Tenants In Plaza Include Tim Hortons, National Bank, Pharmasave, Global Pet Foods, Animal Hospital, Dentist, Physiotherapy Clinic, Canadian Hearing Society, Convenience Store, Bar & Grill And A Deli.
Charles Park, Broker direct: 647-292-8886 www.charlespark.ca
Victoria Kirk Carter Rickman
Greater Toronto Area
Re/Max West Realty Inc., Brokerage office: 416-588-6777
MOVEYOU
SALES REPRESENTATIVES Percy Fulton Ltd.
d: 647.669.8425 or 905.626.3294 e: TwoMoveYou@gmail.com
$80,000
North Oshawa Laser Spa With 5000+ Loyal Clientele In Convenient Location
Price Includes All Chattels & Product. This Day & Medi Spa Has Built A Reputable Business Providing Superior Service Using Top Of The Line Laser Equipment. Turn Key Spa W/5 Treatment Rooms, 1 OfďŹ ce, Backroom W/ Storage & Small Kitchen. Reception Area. Assumable Lease Until February 2021. Training Provided After Completion Of Transaction.
$99,999
Close To 2 Schools, Park, & Residential. Weekly Sales $24,000. Store Sells Lottery, Tobacco, Snacks, Dairy, Baked Goods, Hot & Cold Beverages, Slushies, Toiletries, Grocery, Pudo, ATM Machine. Rent $4512/ Month (Includes Tmi). Low Utilities $400/ Month. Be Your Own High Volume Convenience Store In BUSY Boss!!! Newer Plaza With Zero Direct Competition
www.2MoveYouGuarantee.com Find Out More About Our Guaranteed Services
Please say you saw it in The Commercial Investor
32
Volume 18 Issue 09
Commercial Real Estate & Business Opportunities
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Please say you saw it in The Commercial Investor
Volume 18 Issue 09
33
Commercial Real Estate & Business Opportunities
SALES
Direct Email
REPRESENTATIVE
416.358.8758
robertastephenson@yahoo.com RE/MAX Realtron Realty Inc., Brokerage Independently owned and operated Office: 905.764.8688
HIGHLY DESIRABLE AREA
GREAT INVESTMENT OPPORTUNITY
9’ CEILING
FINISHED BASEMENT
$799,900
$399,990
$598,000
Highly Desirable Area. Enormous Flow of People from Major Intersection & Existing Thousands of Residents in This Multi Complex w/ Hotel, Offices, Supermarket & Food Court.
Floor To Ceiling Window, Large Balcony, Unobstructed Lake View, Open Concept Layout, Steps To TTC, 15 Mins To Downtown. Hotel-Like Amenities!
Family-Friendly Community in Excellent Location. Mins To Schools, Shopping, 24-Hr TTC, 401, 404! 3+2 Bdrm, Tons Of New Upgrades. Just Move In!
Call Robert 416.358.8758
Call Robert 416.358.8758
Call Robert 416.358.8758
Call Robert 416.358.8758 Greater Toronto Area
$599,000 Large Vacant Lot in The City with Permit For A 4000 Sq. Ft. Home, Ready To Be Released. Call Robert Today for More Information & Viewing.
John Moncada sales representative
416-688-2717 www.MoncadaHomes.ca
Commercial and Residential Real-Estate $2,000,000
6.1 ACRE LAND - STOUFFVILLE Property has 3 Road Frontages in the Area of Estate Homes. Possible 3 Lots. Don’t Miss This Opportunity. Build Your Dream Homes. Call John 416-688-2717 Please say you saw it in The Commercial Investor
â&#x20AC;Ścontinued from page 14
THE MARKET OUTLOOK The Canadian dollar has been on a descent since 2014 â&#x20AC;&#x201C; when OPEC countries chose not to reduce the global oil supply in response to a slowdown of growth in China, LPSDFWLQJ SURGXFWLRQ FRVWV DQG &DQDGD¡V SURĂ&#x20AC;WDELOLW\ as an exporter. Fast forward to Q2 2018; uncertainties surrounding NAFTA further depreciated the loonie against the U.S. dollar to $0.76, representing a decrease of Ă&#x20AC;YH SHU FHQW VLQFH WKH EHJLQQLQJ RI WKH \HDU &DQDGD¡V GHYDOXHG FXUUHQF\ DWWUDFWHG IRUHLJQ LQYHVWRUV ZKLFK SURIRXQGO\ LQĂ XHQFHG VDOHV DQG SULFH JURZWK in the commercial real estate market. In 2017, foreign LQYHVWPHQW LQ WKH *7$ DFFRXQWHG IRU DSSUR[LPDWHO\ SHU FHQW RI WKH WRWDO GROODU YROXPH JHQHUDWHG IURP VDOHV DERYH PLOOLRQ $OWKRXJK RQJRLQJ WUDGH GLVSXWHV KDYH WKH SRWHQWLDO WR VZD\ LQYHVWRU FRQĂ&#x20AC;GHQFH WKH ORZHU &DQDGLDQ GROODU SDLUHG ZLWK 7RURQWR¡V ORZ YDFDQF\ KLJK rents and low unemployment rate (6.3 per cent as of June PD\ RÍżVHW FRQFHUQV ,Q UHVSRQVH WR WKH )HGHUDO 5HVHUYH KLNLQJ LQWHUHVW UDWHV DQG WKH VHOO RÍż LQ 8 6 ERQGV FDXVHG E\ FRQFHUQV DERXW LQĂ DWLRQ WKH Ă&#x20AC;YH DQG \HDU ERQG \LHOG LQ &DQDGD spiked during Q2 2018, reaching peaks of 2.33 per FHQW DQG SHU FHQW UHVSHFWLYHO\ $OWKRXJK WKHVH UHSUHVHQWHG UHFRUG KLJKV ZLWKLQ WKH SDVW VHYHUDO \HDUV yields shifted back down toward the end of the quarter. 2YHUDOO WKH Ă&#x20AC;YH DQG \HDU ERQG \LHOGV URVH QHDUO\ DQG EDVLV SRLQWV UHVSHFWLYHO\ VLQFH WKH EHJLQQLQJ RI the year, implying a higher cost of borrowing and more HTXLW\ UHTXLUHG XS IURQW IRU UHDO HVWDWH LQYHVWPHQWV GTA INVESTMENT PROPERTY SALES Q1 & Q2 2018 )LQLVKLQJ XS WKH Ă&#x20AC;UVW KDOI RI WKH *7$¡V WRWDO SURSHUW\ VDOH YROXPH UHDFKHG ELOOLRQ DQ SHU FHQW LQFUHDVH LQ FDSLWDO Ă RZV IURP WKH VDPH SHULRG WKH SUHYLRXV \HDU &RPSDUHG WR WKH Ă&#x20AC;UVW WZR TXDUWHUV RI there has been growth in all sectors, with the exception of LQGXVWULDO DQG KRWHO ZKLFK GHFUHDVHG E\ SHU FHQW DQG SHU FHQW UHVSHFWLYHO\ 7KH QXPEHU RI WUDQVDFWLRQV in Q1 & Q2 decreased, totalling 1,120 transactions as compared to 1,277 transactions from the same period in 2017. GTA INDUSTRIAL 7KH GHFOLQH LQ LQGXVWULDO LQYHVWPHQW ZLWKLQ WKH Ă&#x20AC;UVW KDOI RI ZDV OLNHO\ GXH WR WKH ODFN RI DYDLODEOH VXSSO\ DQG accelerated price growth, ousting smaller buyers from WKH PDUNHW 7KH SHU FHQW \HDU RYHU \HDU GHFUHDVH WR ELOOLRQ LQ LQYHVWPHQW VKRXOG QRW EH PLVFRQVWUXHG as weakening demand as indicated by the historically ORZ DYDLODELOLW\ UDWH RI SHU FHQW LQ 4 DQG 4 DQG D SHU VT IW SVI RI LQ 4 D SHU FHQW LQFUHDVH IURP WKH VDPH TXDUWHU WKH SUHYLRXV \HDU 'XH to the amount of larger transactions that are expected to
close within the last half of 2018, industry professionals DUH KLJKO\ FRQĂ&#x20AC;GHQW WKDW DQQXDO LQYHVWPHQW ZLOO VXUSDVV WKH SUHYLRXV \HDU¡V EHQFKPDUN GTA OFFICE 2Î&#x20AC;FH UHPDLQV RQH RI WKH VWURQJHVW VHFWRUV LQ WKH *7$ PDUNHW ZLWK FDSLWDO Ă RZV LQFUHDVLQJ SHU FHQW WR $2.4 billion in Q1 and Q2 2018 compared to the same SHULRG ODVW \HDU /RZ XQHPSOR\PHQW DQG D GLYHUVH WDOHQW SRRO KDYH LQFUHDVHG WKH GHPDQG IRU RÎ&#x20AC;FH VSDFH DV HYLGHQW E\ WKH FRQVLVWHQW GHFOLQH RYHU WKH SDVW \HDU LQ WKH DYDLODELOLW\ UDWH FXUUHQWO\ DW SHU FHQW IRU WKH *7$ WRWDO DQG SHU FHQW IRU GRZQWRZQ 7RURQWR 'XH WR WKH ODFN RI DYDLODEOH RU YDFDQW VSDFH LQ WKH GRZQWRZQ PDUNHW ZLWK WKH YDFDQF\ UDWH QRZ VLWWLQJ DW SHU FHQW competition has pushed the downtown asking net rent up to $30.68 in Q2 2018, an increase of 6.1 per cent from WKH VDPH TXDUWHU WKH SUHYLRXV \HDU
35
Commercial Real Estate & Business Opportunities
Heather Jones
Leo Campanella
Sales Representative
Sales Representative
direct: 705-241-1408 hrjones@rogers.com office: 705-436-3904
direct 705-734-5590 office: 905-773-8000
Award Winning Family Restaurant Business Including Building & Land $849,999 Free Standing Corner Exposure Building w/ Approx. 28-Car Paved Parking Lot. Dining Room Seating For 62 w/ Potential For Approx. 16 More Interior Seats, Outdoor Patio w/ Seating For An Additional 28 Seats Including LLBO License! $$$$$ Spent on Capital Improvements & Equipment. Established Clientele w/ Over 10 Years of Operation. Call us for more info.
Please say you saw it in The Commercial Investor
Greater Toronto Area
Volume 18 Issue 09
36
Commercial Real Estate & Business Opportunities
Volume 18 Issue 09
A Realtor Who Makes A Difference!
BRANKO KRSTEV SALES REPRESENTATIVE
Remax Realtron Realty Inc. BROKERAGE Independently Owned & Operated
Direct:
416.419.8232
28 YEARS EXPERIENCE AS A FULL TIME REAL ESTATE AGENT IN CANADA Low Down Payment, Poor Credit, New Immigrant, Discharge, Bankruptcy, Self-Employed, Call Branko For A No Cost Or Obligation Appointment â&#x20AC;&#x201C;
The First Time Home Buyers Specialist!
Greater Toronto Area
ABSOLUTELY STUNNING 21.8 ACRES $2,500,000
Absolutely Stunning 21.8 Acres W/ Over 1350 Feet On Prime Highway #7, Frontage W/ 2 Entrances. Residence Is Well Back From Road. Park-Like Tranquil Setting W/ Trails & Vistas W/ Cold Water Ever Flowing Trout Stream Meandering Through Property, Ideal For Fishing, Swimming & Camping, Snowmobiling & Nature Walks Or Equestrian Use In Addition To The Recreational Use. There Are Plum, Cherry & Pear Trees. 10 Acres Of Fields For Hobby Farming. Lots Of Extras. Close To 407 & 412 Making Commute To Toronto A Breeze.
Call Branko 416.419.8232 for more info.
CLOSE TO UNIVERSITY & SUBWAY $229,999
Great Opportunity To Own A Money Making Restaurant In A Busy Area. Good Investment Surrounded By Apartment Buildings, Retail And Residential.
Call Branko 416.419.8232 for more info. Please say you saw it in The Commercial Investor
Volume 18 Issue 09
37
Commercial Real Estate & Business Opportunities
We Work From Our
Over 26 Years of
Top Quality Service
6KDXO
Shaul Sharabi BROKER, B.A.
416.902.3770
5 5DFKHO 6KDUDEL
Rachel Sharabi SALES REP, B.Sc.
416.903.5598
“HALL OF FAME”
“LIFETIME ACHIEVEMENT”
VIP Passes To New Condos Before Sale To Public Starting Out – Moving Up – Downsizing – Investing – Commercial
Great Opportunity to Buy A Well Established Art Gallery. Inventory Included is Worth Approx $2,500,000 ! Total Rent Is $1,840.54 Including HST. The Owner is in Art Business For Over 25 Years, Willing to Train. All Inventory Included.
$1,300,000 CENTRE OF KING CITY 100’X220’ LOT WITH MATURE TREES
$6,500,000
7500 sf, 5 Bedrooms, 8 Bathrooms, 12’ Ceiling on Main, 10’ Ceiling on 2nd Floor, 9’ Ceiling in Basement. Sauna, Wine Room, Covered/Heated Loggia, 4 Fireplaces, Heated Floors, Copper Soffit, Eaves Troughs & Downspouts, Limestone Exterior Moldings, Indiana Buff Natural Stone Exterior, Cedar Shake Roof, Aluminum Windows, Bifolding Doors, 2nd Floor Laundry, Marble/Granite Slab Floor Coverings, Natural Stone Counter Tops, Crown Molding, Ceiling Details & Wainscotting Thr’out, Hardwood Floors, Fully Automated, Pot Lights. Nanny Suite in Basement.
www.luxuryrealtybroker.com )UHH PDUNHW HYDOXDWLRQ 9LUWXDO WRXU SLFWXUHV &RORXU EURFKXUH :LGH H[SRVXUH DGYHUWLVLQJ
REALTRON REALTY INC, BROKERAGE INDEPENDENTLY OWNED & OPERATED Please say you saw it in The Commercial Investor
*limited to $10,000
Greater Toronto Area
TORONTO - ALLEN / SHEPPARD ESTABLISHED ART GALLERY
CENTRAL ONTARIO
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
CENTRAL ONTARIO SECTION COVERING: Barrie Collingwood Muskoka North Bay Kawartha Lakes Midland
Meaford Paisley Parry Sound Orillia Owen Sound Sudbury Walkerton
For advertising contact Yhanique Facey
Daphne Kua
Media Consultant
Media Consultant
1-866-536-2606 905-532-2606
1-866-532-2593 905-532-2593
yhanique@mediaclassified.ca
daphne@mediaclassified.ca
Volume 18 Issue 09
39
Commercial Real Estate & Business Opportunities
Bill Byers Sales Representative bill-byers@coldwellbanker.ca
HWY#11 COMMERCIAL 93 Acres with Commercial Hwy entrance. 2 Homes, 70’ X 40’ and 40’ X 40’ Shops, Garage & more. Over 10 Acres of good solid gravel parking. With Agricultural/Commercial zoning there is a ton of potential. Near New Liskeard. Asking $499,000. MLS TM172580
2317_DJW_1_0033
GAS STATION Large Commercial Building 4285 sq' on the main Street in Elk Lake (Hwy # 65 & 560) across from the Montreal River. Vacant, former gas station, restaurant, repair shop with hoist & owners apartment (not finished). Asking $139,900. MLS TM152302
LARGE BUILDING Former Chicken Farm. 5,300 sq’ Barn with Office, 28’ X 60’ Shop, & 2 Smaller Barns. Tidy 4 Bedroom, 2 Bath House. Large Garden, nicely landscaped. 1.4 Acres. Just off Hwy#65 East between New Liskeard & Quebec. Asking $299,900. MLS TM172705
2018 fall/winter | ISSUE III VOLUM E IV
Central Ontario
6 UNITS 4 Residential + 2 Commercial fully rented. Many recent updates including shingles, & Retrofit. Great downtown New Liskeard Location. Asking $299,900. MLS TM181659
4717_DJW_0030
3118_DJW_0025
DUPLEX 2 Large 2 Bedroom Units. Lots of Parking, Garage, Yard, & Gas heat. Fully rented at $975/mth each. Haileybury. Asking Only $63,900. MLS TM180376
4717_DJW_0029
GOWGANDA Small Four Unit Motel, with Chip Stand, Three Bedroom Bungalow, Garage/Workshop, & several Storage Sheds. On almost an acre, steps to Lake Gowganda & the public boat launch. Unorganized Town with no Zoning or building permits required and low taxes. Asking $399,900.
1118_DJW_0034
2718_DJW_0023
www.temiskamingrealty.com 1-866-557-1110 705-647-1110
look for it!
WE’RE WHERE YOUR COLLEGES AND UNIVERSITIES ARE!
Please say you saw it in The Commercial Investor
Fall/winter 2018
VOLUME IV | ISSUE III
rental properties near universities and colleges
AFFORDABLE LUXURY STUDENT ACCOMMODATIONS
London r Montreal r Waterloo
4rent.ca/4students
EASTERN ONTARIO
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
EASTERN ONTARIO SECTION COVERING: Lindsay Peterborough Port Hope Bowmanville
Cobourg Trenton Belleville Kingston Northeastern Ontario
For advertising contact Yhanique Facey
Daphne Kua
Media Consultant
Media Consultant
1-866-536-2606 905-532-2606
1-866-532-2593 905-532-2593
yhanique@mediaclassified.ca
daphne@mediaclassified.ca
Volume 18 Issue 09
41
Commercial Real Estate & Business Opportunities
Ottawa voted as the top city to invest. Contact us if you are looking to grow your portfolio or liquidate your assets!
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Arnprior, ON
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Ottawa, ON
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Fully occupied 13,600 retail & service plaza 0 42,000 sq. ft. site 0 Parking for 70 vehicles John Hughes at ext 400 john@synercapital.ca
0
Ottawa, ON
Residential apartment with 36 units Neighborhood of Lowertown, next to the Byward market and near dowtown core.
613.860.3500
220 Broad Street East, Dunnville, ON N1A 1G2
Broker of Record
905-774-7624
5 townhouses Brand new construction Close to LRT Includes tarion warranty Kwesi Bourne at ext 410 kwesi@synercapital.ca
synercapital.ca
Synercapital Investment Realty. Brokerage. 1376 Bank Street, Suite 500. Ottawa, Ontario K1H 7Y3
Jack Huitema
0 0 0 0
Each Office Is Independently Owned & Operated
Eastern Ontario
DUNNVILLE – 115 ACRE LAKEFRONT FARM – ANNUAL REVENUE FROM WIND TURBINE
3118_DJW_0006
3118_DJW_0007
3118_DJW_0008
5 bdrm, 3 Storey Triple-brick century home with lake views. Separate garage and drive shed. Owned right of way for lake access. 95 acres leased. Wind turbine lease with 16 yrs remaining. Call Jack for details.
ST WILLIAMS - 5 BDRM HANDYMAN SPECIAL
WAINFLEET – 150 ACRES – MARKET GARDEN LAND
Large eat-in kitchen. City water. Bring your own finishing touches. $249,900. Call Jack. 3118_DJW_0014
Suitable for vegetables and presently growing onions. Two large buildings for storage and vegetable sorting and cleaning. 3 bedrm bungalow built in 2000. Irrigation available. For more information call Jack.
www.coldwellbanker.ca Please say you saw it in The Commercial Investor
Investment
Demand for office space continues as vacancy rates decline
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ew approaches from technology companies and coworking providers across North America and Europe are challenging tenantsâ&#x20AC;&#x2122; and landlordsâ&#x20AC;&#x2122; office-space accommodation strategies. Players in more established sectors are having to re-think the size, physical form and operational function of their premises. According to Avison Youngâ&#x20AC;&#x2122;s mid-year 2018 North American and Europe office market report, the transformation continues to encourage new development, which is racing to keep up with demand in some markets and being bolstered by a young, educated workforce gravitating to urban centres.
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NIAGARA
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
NIAGARA SECTION COVERING: Niagara Falls Niagara-on-the-Lake St. Catharines Thorold
Welland Fort Erie Beamsville Fonthill Port Colborne
For advertising contact Yhanique Facey
Daphne Kua
Media Consultant
Media Consultant
1-866-536-2606 905-532-2606
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yhanique@mediaclassified.ca
daphne@mediaclassified.ca
Volume 18 Issue 09
45
Commercial Real Estate & Business Opportunities
Broker
Sales Representative
ŕ Ž
3118_DJW_0028
OPPORTUNITY AWAITS
www.poirierrealtygroup.com
2718_DJW_0010
LOCATION, LOCATION, LOCATION
1918_DJW_0032
AMAZING OPPORTUNITY
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Reach more people from more backgrounds with Job ClassiďŹ ed!
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TO PLACE YOUR AD THROUGHOUT CITIES IN ALBERTA AND ONTARIO PLEASE CALL: 1-888-761-3313 or email advertising@jobclassiďŹ ed.ca Please say you saw it in The Commercial Investor
BUSINESS INVESTORS
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
BUSINESS INVESTORS The perfect place to list all of your businesses opportunities
For advertising contact Yhanique Facey
Daphne Kua
Media Consultant
Media Consultant
1-866-536-2606 905-532-2606
1-866-532-2593 905-532-2593
yhanique@mediaclassified.ca
daphne@mediaclassified.ca
Your Real Estate & Mortgage Investment Specialists 1.888.330.3866
info@profunds.ca
www.profunds.ca
The Pro Fund’s Client Experience: Flipping Properties with Zero Down
Pro Funds Mortgages is happy to announce a new article series, The Pro Funds’ Client Experience. These articles will feature a variety of clients sharing their knowledge and experience in dealing with Pro Funds to accomplish their real estate focused endeavours. Here is Andrew Hines, a Mortgage Agent and borrower with Pro Funds who shares how he has utilized private funding to acquire and build and income property. Rewind to May 1st 2015. Closing day. It was finally coming together. The results of 2 months of -) ++&+$Ǿ !2" !&)&$"+ " +! 4%,)" ),1 ,# 4 &1&+$ 4"/" #&+ ))6 - 6&+$ ,ƛǽ +! *" + )&1"/ ))6Ǿ *6 lawyer actually called me to let me know that I was getting a cheque for $73 upon closing of my purchase of a beat up old rental. Wow, just when I thought buying real estate couldn’t be any more rewarding. The deal looks something like this: I buy a property with zero down, receive funds which are held in trust to pay for my renovations and expenses, and then I sell the property and get paid. Not a bad deal…? “How is this possible”, you might ask? Well real estate is a business. And like any good business, flipping requires a good business plan. From the beginning I made sure that I knew my numbers. When I found the property, I knew what it was worth, I knew what it could be worth and I knew what I would have to put into it to get that value. So what did I do? With the help of Pro Funds, I found a few private lenders to lend me the entire purchase price and renovation cost, in addition to my interest payments for the 6-month period I allotted myself to do the work.
Copyright © 2016 Pro Funds Mortgages | 3410 South Service Road Suite G5 Burlington, Ontario L7N 3T2 Please say you saw it in The Commercial Investor
Business Investor
As anyone thinking about flipping a property knows… you don’t get paid until you sell. So paying things like mortgage payments and property taxes during the process can become a burden. For me, being able to borrow the money to cover those items made it that much easier to get through the process and prevent any new grey hairs from forming just above the sideburns. There was some heavy )&ƞ&+$ ),+$ 1%" 4 6 +! #"4 +,1Ȓ0,Ȓ%")-#2) ,+1/ 1,/0ȁ 21 1%&+( 1%" *"*,/6 ,# 1 (&+$ chimney down piece-by-piece using a sledge hammer will always stick with me. That was fun.
Your Real Estate & Mortgage Investment Specialists 1.888.330.3866
info@profunds.ca
www.profunds.ca
So how can you structure your very own “zero down flip”? 1. Know your numbers Ȓ "" ),1 ,# -/,-"/1&"0Ǿ #&+! ,21 4% 1 1%"6 /" 0"))&+$ #,/Ǿ ,1% "#,/" +! ƞ"/ 1%" -/,-,0"! /"+,3 1&,+0Ǿ +! 2&)! 6,2/0")# 2ƛ"/ ,# ǗǕʢ ,3"/ +! ,3" 4% 1 6,2 1%&+( &1 4&)) cost. Talk to contractors, get estimates and be ready to play hardball if needed. 2. Back it up – Start the process with comparable sales (your realtor can help with this) this is how you’re going to convince your lender that you can actually get the property sold for what you think you can sell it for at the end of the day. If they’re going to lend you money they need to know you have an “exit strategy”. Be sure that you’re very clear on what yours is. Good mortgage brokers will require an appraisal because they have an interest in making sure everyone is protected. You should expect to provide an appraisal for the property “as is” and “upon completion” of the proposed renovations. 3. Work with a broker that focuses on creative financing – I’ve worked for, and used Pro Funds Mortgages for financing for 5 years now. Knowing I can get real estate financed has allowed me to be a lot more aggressive with my real estate acquisitions. 4. Be willing to give up other collateral – my portfolio is an open book when it comes to getting new money. I put up one of my other properties to avoid putting any money down on this deal and I would do it again in a heartbeat. The ease and speed of operating this way allows me to do more than I ever could with a bank. If you’re thinking about doing a flip of your own or are wondering how you can leverage your existing properties to purchase a property with little or zero down, contact Pro Funds Mortgages at 1-888-330-3866 or info@profunds.ca
Carmen Campagnaro President Pro Funds Mortgages
Business Investor
Copyright © 2016 Pro Funds Mortgages | 3410 South Service Road Suite G5 Burlington, Ontario L7N 3T2 Please say you saw it in The Commercial Investor
H
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Mazhar Roshan Sales Representative
905.929.9800 647.609.9463 905.574.6400
Direct GTA Direct Office
mazharroshan@sympatico.ca
HomeLife Professionals Realty Inc.
BROKERAGE
I have qualified buyers for up to $5M in commercial and investment buyers. Call for details.
UNDER POWER OF SALE – 3 PROPERTIES 5 BUSINESS – 1 DEAL
Property consists of 21 Room Motel, 10 Room motel, Restaurant, Convenience Store, Gas Station, & 2 Bay Garage. Located on busy Hwy 17. 12 hours from the GTA. Property Sold As Is. Currently non functional. For more information contact Mazhar Roshan at 905 929 9800. 1918_DJW_0010
1918_DJW_0011
HAMILTON MOUNTAIN
DEVELOPMENT OPPORTUNITIES
Ancaster village mixed use development property (75x130) lot. 3 Storey 9000 sq. ft. Building permit issued with 5000 sq. ft. Basement + 12 parking. Currently home is not livable, no power. All permits, drawings, plans available to the qualified buyer. 2718_DJW_0026
Central mountain location, long established conv store. Doing over 6000 per week. Lotto income is $4000 per month, ATM $350. Low rent ($2538) p.m., long lease. Good for family operation. Do not go direct. Call LBO for more details. One partner is R.R.A. $69,900 2318_DJW_0028
UPPER WENTWORTH - HAMILTON
MOHAWK RD. – HAMILTON
FOR LEASE
Great investment opportunity. High traffic central mountain location approx. 2,800 sq.ft. two units one dentist, the other catering business. Many updates including exterior stucco, newer a/c, furnace. For viewing and details call lbo. Do not go direct. 48 hrs notice for showings. Showing between 9-5, Monday-Friday only. No weekend showings. $699,900
Hamilton mountain great location. Busy convenience store w/sales of approx $9000 per week (lottery not included). Extra rev, lottery income of approx $2500/mo. ATM 500, break open 200. Close to family restaurant and drug store. Clean, renovated, improved business w/lg number of regular customers. Low rent $3000 p/m and low overheads, long lease, good for family operation. For more details call LBO. Please do not go direct.
Very busy location close to QEW, Home Depot & all other commercial businesses. 400 sq. ft. retail space available. Good for office, storefront or any kind of business. TMI is roughly $8 PSF. Call LBO for viewing or more details.
2318_DJW_0029
53 ACRES OF LAND
Off exit # 21 QEW minutes away from new proposed hospital. Good for future development or investment. Land has 1800 ft frontage on QEW. 2400 ft on Marshall Road and 1200 ft on Willodell Road. Currently leased to a farmer. For more details call Mazhar Roshan. 1518_DJW_0026
1918_DJW_0009
18 ACRES OF LAND
ALDERSHOT SOUTH
Across from new proposed Hospital in Niagara Falls off exit # 21 of QEW Land has 1900 ft frontage Great potential for future development. Call Mazhar Roshan for more details
1518_DJW_0027
Very desirable, growing area of Aldershot. Plaza location next to Tim Horton’s. Long established convinient store. Doing 70k p/m. Lotto income 3400 p/m. ATM & other 1000 p/m. Rent 4950 p/m. Long lease, good for family. Do not go direct. For more details call LBO.
11G COM
244 Killaly Street, Port Colborne offered at $12.00 PSf n/n/n $6.72 tMi
443 eaStCheSter ave., St. CatharineS offered at $10.00 PSf n/n/n $5.25 tMi
eS
+/-2,260 sq. ft. unit in well maintained mixed use complex in central north sector of City. Desirable area near Scott/Lake Street intersection with quick and easy access to the Q.E.W. approx. 80% office/showroom, balance warehouse. First and last months deposit required.
1882 niagara Stone road, niagara on the laKe offered at $19.00 PSf/n/n/n
3118_DJW_0019
3118_DJW_0017
Various units for lease in Portal Village Plaza. High traffic location on the corner of Steele & Killaly Street, Port Colborne. Clean professional plaza with ample on site parking. Great location for retail/office/medical or service user. Fully air conditioned. Portal Village Plaza is 25 minutes to the U.S. border and surrounded by residential neighbourhoods.
3118_DJW_0018
iv
This 1,950 sq. ft. unit is situated in The Elmwood Design Centre in St. Catharines. Nice clean space with quality finishes. Walk through the other complimentary users. Ample on site parking.
131 diePPe road, St. CatharineS offered at $10.00 PSf n/n/n $4.00 tMi
il ta nt re Me W oP ne vel de
3118_DJW_0016
W re Qe Su Po eX
+/-1,500 sq. ft. to +/-4,500 sq. ft. retail unit. Can be demised. Ideal location on a major thoroughfare (Hwy. #55) in the town of Niagara-on-the-Lake. Leaseholds negotiable. Many permitted uses under zoning. DRIVE THRU POTENTIAL. Current tenants include Simpsonâ&#x20AC;&#x2122;s Pharmacy, Professional Medical Clinic & Family Health Team. Ample on-site parking. Garden terrace. TMI (est. $8.00 psf) to be verified. Utilites extra.
432 niagara St., #2a, St. CatharineS offered at $12.00 PSf n/n/n $9.00 tMi
630 Main St., e, haMilton offered at $10.00 PSf n/n/n $3.50 tMi
3118_DJW_0020
t en
C
in
4 nihan drive, unit 3, St. CatharineS offered at $9.90 PSf n/n/n $3.00 tMi
New facade to be completed spring 2019. Industrial space with excellent highway exposure. 10,000 To 25,000 sq ft available. 1 Storey brick building with large front display windows. 600V. 14Ft ceiling height. 2 Loading docks & drive through door. Situated on north service rd near Welland Ave. Ample on site parking & fenced lot.
2065 allanPort road, thorold offered at $2,000.00 Per Month
+/-1,289 sf office space available in a high traffic location near the corner of Scott & Niagara Streets. Large open office area, small storage closet and washroom. Rear unit. On bus route and close proximity to most amenities. Quick & easy access to the Q.E.W. First and last months rent as deposit.
12G COM
Professional office building with high end rentals above. Very clean. Available immediately. LTR route. New 2 way traffic coming soon. Common area bathrooms. Utilities extra. Fully renovated, just needs your colours. Plenty of on site parking.
3118_DJW_0023
3118_DJW_0022
3118_DJW_0021
g in d rK ude a P Cl in
+/- 1,900 sq. ft. industrial space available. 3 bay shop with 2 pc. washroom. 1 down draft paint booth, very clean concrete & external pad, fenced compound. Compressors included. Hydro & Gas, tenant pays their own proportionate share. Compressor & Paint Booth maintenance is Tenantâ&#x20AC;&#x2122;s responsibility.
Colliers International Niagara Ltd., Real Estate Brokerage 82 Lake Street, Suite 200, St. Catharines, ON L2R 5X4 www.collierscanada.com 905-354-7413 4838 DORCHESTER RD., UNIT 100, NIAGARA FALLS
2318_DJW_0007
340A LAKESHORE ROAD, ST. CATHARINES
2718_DJW_0013
4717_DJW_0022
6360 LUNDY’S LANE, NIAGARA FALLS
47 FRONT STREET, SOUTH, THOROLD, ON
12212 LAKESHORE ROAD, WAINFLEET
2015 ALLANPORT ROAD, THOROLD
+/- 30.13 Acres of Dry Industrial Land for sale, including a +/- 4,000 sq. ft. , 2 storey house. Can be developed as an industrial site or as presently used, a cash crop. Many permitted uses with a 24’ X 60’ block barn and a wood barn. Side by side homes with separate entrances. Main house has 100 amp service, second home has 200 amp service. Offered at $2,499,000.00 Contact Ralph Roselli, Sales Representative ralph.roselli@colliers.com
81 – 85 ONTARIO STREET, ST. CATHARINES
MOUNTAIN RD. AND ST. PAUL AVE
BERTIE STREET AND QEW, FORT ERIE
Excellent investment property. Many permitted uses including: Apartment Building, Hotel, Long Term Care Facility and Office or Retail Development. Preliminary plans for a Long Term Care Facility with 110 units available. OFFERED AT $2,850,000. Contact Gregory Chew, Sales Representative greg.chew@colliers.com
BROKERAGE APPRAISALS MANAGEMENT
1118_DJW_0044
Located on the shore of Lake Erie at Long Beach. Large outdoor patio, dine in restaurant and bar area, large main level dance floor and concert area, plus lower level. Heavy summer tourist area. Many other possibilities at this resort area. OFFERED AT $399,900.00 Contact Bryan Saelens, Sales Representative bryan.saelens@colliers.com
0718_DJW_0028
This historic building was considered one of the most beautiful buildings in town. Main floor retail/office space with upper rental income potential and many possibilities to be a part of the revitalized charm of downtown Thorold. OFFERED AT $329,900. Contact Michael Halliday, Sales Representative mike.halliday@colliers.com
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+/- 7,233 sq. ft. unit available in high traffic location near the SE corner of Dorchester Rd. & Morrison St., across from Zehrs/Home Depot/Dollarama Plaza. Good tenant mix. Most amenities in immediate area. OFFERED AT $16.00 psf n/n/n Contact Michael Halliday, Sales Representative mike.halliday@colliers.com
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Industrial property on +/- 17 acres, available for sale and/or lease, $6.00 psf. Property contains 3 separate Shop Bays; New 1700 amp electrical system installed (heavy power). OFFERED AT $7,900,000. Or $6.00 psf Contact Ralph Roselli, Sales Representative ralph.roselli@colliers.com
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Rare opportunity available on Lundy’s Lane. This +/-3,600 sq. ft. building has 40 ft. of frontage on Lundy’s Lane. Prime space next to McDonald’s. Very high traffic counts - 20,100 vehicles per day . Many permitted uses including fast food. OFFERED AT $20.00 psf n/n/n Contact Taylor Wilson, Broker of Record taylor.wilson@colliers.com Contact Bryan Saelens, Sales Representative bryan.saelens@colliers.com
Excellent location between Niagara Falls and Niagara-on-the-Lake on main thoroughfare between the two cities. 10 minutes to Casino Niagara, the Horseshoe Falls and the Rainbow Bridge US border. 16 minutes to downtown St. Catharines. 3 minutes to the QEW, 4 minute drive to most amenities on Portage Rd. Zoning approved for 6 story condo building. Beautiful view overlooking the Eagle Valley Golf Club. OFFERED AT $1,750,000.00 Contact Gregory Chew, Sales Representative greg.chew@colliers.com
+/-112.56 acres. Vacant land. Excellent Q.E.W. exposure with +/-3000 ft. frontage. New $28 Million Dollar City water and sewer have been completed to service the site and further developments. Site is adjacent to the Historic Fort Erie Race Track and 2 minutes to the U.S.A. (Buffalo, NY). Adjacent parcels also For Sale. Offered at $5,965,680.00 Contact Gregory Chew, Sales Representative greg.chew@colliers.com
Accelerating success. Global leadership in real estate solutions.
“Information contained herein has been obtained from the owners or from other sources deemed reliable. We have no reason to doubt its accuracy but regret we cannot guarantee it. All properties subject to change without notice.”
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Eavan Travers, CCIM* eavan@eavan.ca Office: 519-649-6000
AdvAntAge ReAlty ltd., BRokeRAge**
Toll Free: 1-855-649-6001
*Sales Representative
Each Office Independently Owned & Operated**
30 ACRE DEVELOPMENT SITE Bolton, Town of Caledon • Be close to AMAZON • 3*10 Acre Parcels (30 acres) • 10 acre parcels can be sold separately • North of AMAZON 1,000,000 sf facility • In Bolton Residential Expansion Study • $575,000/Acre
PLAZA WITH TIM HORTONS FOR SALE - Dorchester • 2.12 Acres • 14,031 sf • Tim Hortons • 9 unit - Plaza • 0.35 Commercial Site • $4.2 Million
Cindy Wen SALES REPRE S E N TAT IV E
647-204-5336 ccwen008@yahoo.com
www.CindyWen.com
TOP PRODUCER
專業服務保證讓你買房安心, 賣房開心! 提供專業房地產買賣租賃, 免費房屋估價及諮詢! 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.
HomeLife/GTA Realty Inc. BROKERAGE
Office: 416.321.6969 5215 Finch Ave E., Suite 203, Toronto, ON M1S 0C2
CLIENT TESTIMONIAL “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
Commercial Plaza Buy & Sell.
Contact me Realtor Cindy at 647-204-5336
COM
*OF ASKING PRICE*
IN 5 DAYS
FOR LEASE BEACHES HOUSE
COMMERCIAL PLAZA
14G
SOLD 120%
3 Bdrm Semi w/ Sep-Entrance Bsmt in Beaches Area. For Small Family. TTC At Doorstep, 10 Mins to Downtown. Enjoy Walking to Park & Beaches, Boutique Shops, Cafes, Restaurants. Contact me Realtor Cindy at 647-204-5336
T
R. E. Wood Realty, Brokerage 55 Brock Street East, PO Box 236 Independently Owned and Operated Tillsonburg ON N4G 4H5
55 Brock Street East, PO Box 236 Tillsonburg ON N4G 4H5
519 842 8418
519 842 8418
519 532 4355
ROB KOPPERT
RICHARD WOOD
DANE WILLSON
DAVID BENNETT
Broker of Record
Broker
Broker
Sales Representative
rkoppert@royallepage.ca
DOWNTOWN CORE CORNER!
161 Broadway St., Tillsonburg ON • 2,750 sq.ft. with parking • Classic architecture • $15.00 sf NNN MLS-TD597809
DANE WILLSON / RICHARD WOOD
519 550 2732
richard.wood@royallepage.ca
519 777 2738
dane@danewillson.ca
GREAT LOCATION ON MAIN STREET
8 Stover St.N., Norwich ON • 6,400 sq.ft. fully tenanted • New A/C, heat, electrical • $525,000. MLS-150259
519 550 6642
davidb@royallepage.ca
PLAZA RE-DEVELOPMENT
230 Lisgar Ave., Tillsonburg ON • Lease 915 – 2135 sq.ft. • High Residential area • $12.00 sf NNN MLS-TD606624
ROB KOPPERT
DANE WILLSON / RICHARD WOOD
BUILD-TO-SUIT OPPORTUNITY
OPPORTUNITY KNOCKS HERE
FOREST HILL INDUSTRIAL
239 Broadway St., Tillsonburg ON • 6,955 sq.ft. max. footprint • Designed to suit your needs • $25.00 sf Net Lease MLS-117033
80 Brock St.E., Tillsonburg ON • Suites from 175 – 280 sq.ft. • Great location • $15.00 sf All In Lease MLS-146384
37 Tillson Street, Tillsonburg ON • 22’ ceiling height • Drive-in, radiant heat • $5.95 sf NNN Lease MLS-142872
DAVID BENNETT / WALTER KLEER
ROB KOPPERT
RICHARD WOOD / DANE WILLSON
businesssavvy
Are small-business owners distracted by legal disputes with their customers?
T
hree out of 10 small business owners in Canada in the last few years have dealt with the stress and disruption of handling a legal dispute. In an attempt to resolve these disputes, both parties were required to hire lawyers, paying up to $400 an hour. The top three sources of legal conflict are:
› Collecting money owed by customers › Contract disputes with customers › Contract disputes with suppliers
Here were some of the key findings: › Seventy-three per cent believe a legal dispute would have a tangible financial impact on their business, but only 27 per cent have set aside a budget to protect their business from the potential costs involved with legal disputes › Only 12 per cent of business owners feel they have sufficient insurance coverage to pay for any type of unforeseen legal expenses
› One out of 10 small business owners know another owner who lost their business due to a legal dispute Considering the millions of self-employed and small- and medium-sized business owners there are, that’s a lot of “Our research findings suggest that while business owners unnecessary distraction and time away from running their appreciate the significant impact a legal dispute could have business, especially when a solution is available to both on them, many unfortunately are either not being proactive empower and protect them in case of unforeseen legal disputes. or feel fully protected,” says Barbara Haynes, CEO of DAS Canada. “That’s where legal expense insurance can help. It In order to better understand small business owners’ fills the gap in their insurance portfolio and gives business experiences and attitudes towards legal disputes, in 2016, owners peace of mind, so they can focus on what matters DAS Canada engaged Ipsos to conduct an online panel most – growing their business.” survey of more than 1,000 business owners from across the country.
To learn more, visit das.ca/accesstojustice
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investment
Technology, transit and transitioning Millennials New opportunities for condo and office development outside the GTA methods and has increased opportunities for people to work remotely, with more flexible schedules. Many Millennials who currently live in the GTA, among others, such some Baby Boomers who may be starting to wind down in their careers, place a higher value on flexible working conditions and their live/work location being in close proximity in order to achieve a better work-life balance. This has created some shift toward people wanting to live in accessible and walkable urban areas, a factor in the recent condominium boom in the GTA. However, with significant affordability challenges in the GTA, not only for single-family homes but increasingly for condominium apartments, along with tighter mortgage rules, prospective homebuyers are now more motivated to look at other markets outside of the GTA and within the Greater Golden Horseshoe (GGH). Since 2016, there has been increased activity not only in new single-family homes, but also in new condominium apartments in several GGH markets.
W
ith the disruptive effect of changing workforce conditions and as younger, single Millennials transition into young families, opportunities are emerging for some key regions on the periphery of the GTA to draw more investment in the residential and office sectors.
A recent market update by Altus Group released Aug. 7 revealed data indicating the dynamics of today’s workforce are evolving at a rapid rate. The up-tick in technology has resulted in more efficient communication
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New condominium apartment sales in Waterloo and Hamilton, for example, have gained notable traction as plans for expansions in transit move forward and regional concentrations of economic activity pick up. In the next decade, Metrolinx is expected to spend $43 billion on transit capital expansion across the GTA and the Hamilton area. The vision for Metrolinx is to “link communities across the region,” which may foster higher density development, making these outer GGH areas more viable for families while still being accessible to the GTA. The Kitchener-Waterloo region is one of several within the GGH to undergo transformation, becoming a more affordable market for GTA residents faced with one of the priciest housing markets in Canada. In Q2 2018, Kitchener-Waterloo had lower average asking prices for new condominium apartments as well as a significant increase in new condominium apartment sales, in comparison to many other areas in the GGH. The momentum may at least in part be attributed to the wave of economic growth entering the “Idea Quarter” area. Local companies are now successfully competing for talent against the GTA market, helping to stimulate condominium development activity adjacent to these
technology hubs. The shift is predominantly driven by start-ups and technology companies. Major companies like Shopify Plus are planning to neighbour up with more recent tenants like Stantec, OpenText, Auvik and Magnet Forensics, all residing alongside the Waterloo Tech Campus. There has also been interest in new condominium units being sold as investment properties, specifically to be rented out to young professionals due to their proximity to the hub. Similarly, increased activity and investment in Kitchener’s innovation hub followed when major tenants like Google expanded their presence, leasing 185,000 sq. ft. of office space. At more than 50 per cent sold, the entry of the Charlie West condominium apartment development in downtown Kitchener is a relatively more affordable option (compared to the GTA), with two-bedroom-plus-den units available at around the $500,000 threshold. Hamilton is expected to become an increasingly attractive place to live for commuters, people who live and work in the city and, in particular, those who are able to take advantage of flexible working arrangements or are seeking an alternative to the GTA’s high condominium apartment prices yet still want to live in a walkable neighbourhood with access to public transit. In Q1 2018, Hamilton witnessed a spike in new condominium apartment sales largely attributed to Television City Phase I, a 30-storey tower released last May that has since reached 80 per cent sold. Television
City Phase II followed in March 2018, with more than 50 per cent of units sold by the end of Q2 2018. More recently, the region appears to be showing signs of a temporary cool down, in part due to the uncertainty of tariffs looming over the region’s steel industry. However, coupled with the attractiveness of Hamilton’s LRT expansion, which is key to revitalizing its downtown core and improving accessibility, growth in Hamilton’s technology sector (albeit in its infancy), may become another pull factor for a younger, skilled talent pool. Boosted by more flexible working arrangements, a promising technology industry and the pursuit of more affordable housing options, continued growth in interest in new condominium apartments in key GGH regions, such as Hamilton and Kitchener-Waterloo is expected. Altus Group took a deeper look into Q2 2018 figures to compare what buyers with a budget of $500,000 could afford in the downtown areas of various new condominium apartment markets across the Greater Golden Horseshoe. In Barrie, Brantford, Cambridge, Guelph, Kitchener and St. Catharines, a buyer could find two- to three-bedroom units of more than 1,000 sq. ft. for under $500,000. In the Toronto market, buyers would have to settle for a onebedroom unit of only 521 sq.ft., or approximately half the space of the other markets.
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11312437_3118
“WE PRODUCE RESULTS”
Paul J. Szostak
Free CMA Evaluation
Broker / F.R.I. / P.S.A. / S.R.S. / C.-C.R.E.C. / A.S.A. / A.B.R. / S.R.E.S.R.C.C. (Past Chair) / R.A.H.B. (Director 2011-12)
with this cut out ad
stakteam@gmail.com
LAND DEVELOPMENT / INVESTMENT / BUY & HOLD FUTURE
905-333-3500 1917_DJW_4_0001
1045 & 1049 MCDOWELL ROAD EAST., NORFOLK MLS # H4029395
1019 WILSON ST ANCASTER ER T N ST CA PME N A LO ER E N V R DE CO
1917_DJW_4_0001 S AS OLD KI NG OVE PR R IC E
• Property Taxes: $13,388.00 / 2017 • 2 DEEDS AND 2 ADJOINED PROPERTIES WITH EXCELLENT ZONING: CTN & RES. • PROPERTY AREA SIZE: 2.58 ACRES / 104.21’ FEET Frontage x 825.00’ FEET Depth • 2 Buildings Approx. 4200 +sq.ft combined and One 1 house 4 bdrm • Fixed Chattels: Hoist, Paint booth / HM, Security Camera System. • Asking $ 1,100,000.00 / Immediate Possession. • Location is in Simcoe and Norfolk County with Retail / Wholesale / Salvage / Parts / Repair. • Highway Exposure 1917_DJW_4_0001
BUY/HOLD INVESTMENT APPROX. 10% CAP RATE
SE E TO VIR UR TU PI AL CS
42
86
H
S#
ML
1 40
$428,888 $2,995,000 Developers Delight. Value is in the land and location!!! High density corner location. Double driveway. Located in heart of business area in Ancaster/ Hamilton across from Smart Centre and future development site. Exclusive.
Multi use fully tenanted property with turn key operation. Seven units with separate meters. The 7th hydro meter is being installed. This amazing opportunity to generate approximately $52,000 net operating income! Roof replaced approx. 5 years ago. Parking available for up to 10 vehicles. Appraisal is available at a cost of : $2500.00 / AACI /2018 Value: $550,000.00 . Excl. 1917_DJW_4_0001
99 CLINTON STREET, HAMILTON
MLS # H4029376
Asking Price: SPECIAL $849,888.88 Industrial / Commercial property. Size of building: APPROX. 5000 SQ.FT. IRREG. Lot Size: 0.22 Acre 110’ feet Frontage x 100.00’feet Depth. Zoning: “K” Industrial / Commercial. Taxes $11,440.00. Exclusive Listing. 1917_DJW_4_0001 UNIT 317 - 1100 SOUTH SERVICE RD., STONEY CREEK E
IC
EW
PR
N
$368,888 $418,000 New listing. Investors delight. Executive office space with beautiful views of Lake Ontario. Approx. 1850 sq. ft. Call LBO to view. MLS #H4018728.
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415 #6 HWY S HAGERSVILLE
1917_DJW_4_0001
RM FA 88. EW 08,8 L! N A T CI $6 HO ICE SPE ” R 8 P 01 “2
“Buy and Hold Investment Opportunity” Fantastic agricultural property consisting of 30+ acres with two out buildings that can be used for multiple storage. Property has a possible severable lot, with possibility for commercial zoning as well. Home is being sold “AS IS”. MLS #H4018581. Vendor will consider V.T.B. mortgage.
#
Commercial Team In Canada! *
The PB Team Realty
**
+ **
** Sales Representative
www.PBcommercialteam.com
+ Broker of Record
WANTED APARTMENT BUILDINGS! Canadian Corporation looking to Buy ALL CASH Apartment Buildings in Ontario. • I have over 30 years experience of Commercial Real Estate and work only directly with the Buyer!! • Sellers of Rental Apartment Buildings get a Superb Cap Rate for your properties!! • Size of rental buildings from 60 units up to 600 units complex. • In the process of accumulating over $100,000,000.00 in Rental Apartment Buildings in all cash transactions. • Principals only or First Line Brokers will be considered with proof of Listings from Sellers of Rental Apartment Buildings. • Rental Apartment buildings with Environmental Issues will be considered for Purchase!! Please contact George Politis, Broker of Record / Owner Member of Canada Chapter of CCIM (Certified Commercial Investment Member) Office 905-887-9000 or Cell 416-554-7653 •
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REGISTER NOW FOR TORONTO’S ULTIMATE CONDOS BY THE TORONTO EXHIBITION!
MAIN/DANFORTH PRIME RETAIL/COMMERCIAL SPACE
#1 Toronto Project! Brand new, glass and steel, modernisticstyle with curvilinear accents that cultivate an inviting presence! Prices start from $320,900 with studios to 2 bedrooms + dens, and a wide range of amenities. Call today!
Prime retail/commercial space available just steps from the Main subway! Great business opportunity! Busy Main/ Danforth intersection with heavy foot traffic. 1,800 sq. ft. with Main Street exposure! Excellent lease terms! Leaseholds and chattels available for sale for $60k, excluding company name, if purchased by June 1, 2018. $14.65/ sq. ft. gross + utilities. Call George 416-554-7653.
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www.PBcommercialteam.com | GPolitis@ThePBTeam.com 905-887-9000 • 416-735-2324 5071 Highway 7 East, Unit 5, Markham ON L3R 1N3
*Based on Re/Max International Commercial Commissions in 2014 1St Q.
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