INCORPORATING FRANCHISE AND BUSINESS OPPORTUNITIES Full Coverage Area Including Windsor, Hamilton, Toronto, Niagara Falls, Kingston and Ottawa! FREE SUBSCRIPTION! Get The Commercial Investor delivered directly to your door! See inside for details Apr 23 - May 21, 2016, Volume 16 Issue 04 FC_1716 (COM) Main Floor commercial space plus one large 2 bedroom apartment above. Parking at front and back of building. Highly visible Mountain location close to busy intersection, Shoppers Drug Mart and Tim Hortons. Solid, well maintained building. Approx. 2,400 square feet & full useable basement. Winston Davies, Broker of Record WinCorp Realty Inc., Real Estate Brokerage, 45 Keats Crescent, Guelph, ON N1G 3B1 Tel: 519-836-2080 Fax: 519-836-2081 Email: [email protected]ORANGEVILLE 31-SUITE APARTMENT BUILDING $2,690,000 Well kept unique 4 storey, brick and stucco apartment building, with elevator. The building was previously a historic church built in 1891. It was completely gutted inside and renovated in 1986. Features: 11 Bachelor, 17 – 1-bed- room and 3 – 2-bedroom suites; controlled entry; electric baseboard heating; one gas hot-water tank 2014, (owned); all bathrooms equipped with grab bars; new roof in September 2005; new carpet in all corridors October 2005. Excel- lent downtown location. Seldom a vacancy – currently no vacancy. 3715_DJW_0019 FOR MARKETING BROCHURE CALL: Brokers Information Listing Service 30,000+, Haves & Wants, 75% Exclusive Results in 60 seconds on your phone ICIWorld.com iciworld.mobi Add It To Your Home Screen Or Add The ICIWorld App 4 1 6 - 2 1 4 - 4 8 7 5 BRAND NEW COMMERCIAL CONDOS Branthaven Homes presents Jazz Condos. 1110 sqft. and up commercial condos in a brand new mixed use development on busy Plains Rd. E. in Burlington. Many uses allowed including Retail and Office. Plenty of parking, easy access, and just minutes to the 403/QEW. Occupancy available fall 2016. Call Nick and Nic for further details. 0916_DJW_0023 1716_DJW_0020 Nicholas Kazan, Broker | Nicolas Von Bredow, Broker Royal LePage Macro Realty, Brokerage Independently Owned and Operated Tel: 905-574-3038 1-888-751-2229 MELTEM KOSELECI, Sales Representative® COLDWELL BANKER COMMUNITY REAL ESTATE, BROKERAGE DIRECT: (905) 308-4635 OFFICE: (905) 522-1110 Email: [email protected]MIXED USE BUILDING AND BUSINESS FOR SALE 952 UPPER WELLINGTON STREET - $499,999
Transcript
INCORPORATING FRANCHISE AND BUSINESS OPPORTUNITIES
Full Coverage Area Including Windsor, Hamilton, Toronto, Niagara Falls, Kingston and Ottawa!
FREE SUBSCRIPTION! Get The Commercial Investor delivered directly to your door! See inside for details
Apr 23 - May 21, 2016, Volume 16 Issue 04
FC_1
716
(CO
M)
Main Floor commercial space plus one large 2 bedroom apartment above. Parking at front and back of building.
Highly visible Mountain location close to busy intersection, Shoppers
Drug Mart and Tim Hortons. Solid, well maintained building. Approx. 2,400 square
feet & full useable basement.
Winston Davies, Broker of RecordWinCorp Realty Inc., Real Estate Brokerage,
Well kept unique 4 storey, brick and stucco apartment building, with elevator. The building was previously a historic church built in 1891. It was completely gutted inside and renovated in 1986. Features: 11 Bachelor, 17 – 1-bed-room and 3 – 2-bedroom suites; controlled entry; electric baseboard heating; one gas hot-water tank 2014, (owned); all bathrooms equipped with grab bars; new roof in September 2005; new carpet in all corridors October 2005. Excel-lent downtown location. Seldom a vacancy – currently no vacancy.
3715_DJW_0019
FOR MARKETING BROCHURE CALL:
Brokers InformationListing Service
30,000+,Haves & Wants,75% Exclusive
Results in60 seconds on
your phone
ICIWorld.com iciworld.mobi Add It To Your Home Screen
Or Add The ICIWorld App
416-
214-
4875
BRAND NEW COMMERCIAL CONDOS
Branthaven Homes presents Jazz Condos. 1110 sqft. and up commercial condos in a brand new mixed use development on busy Plains Rd. E. in Burlington. Many uses
allowed including Retail and Of� ce. Plenty of parking, easy access, and just minutes to the 403/QEW. Occupancy available fall 2016. Call Nick and Nic for further details.
0916
_DJW
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3
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Nicholas Kazan, Broker | Nicolas Von Bredow, BrokerRoyal LePage Macro Realty, Brokerage
Independently Owned and Operated
Tel: 905-574-3038 1-888-751-2229
MELTEM KOSELECI, Sales Representative®COLDWELL BANKER COMMUNITY REAL ESTATE, BROKERAGE
This disclaimer shall apply to CBRE Limited, Real Estate Brokerage, and to all other divisions of the Corporation (“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. Mapping Sources: Canadian Mapping Services [email protected]; DMTI Spatial, Environics Analytics, Microsoft Bing, Google Earth
London380 Wellington Street, Suite 30N6A 5B5T 519 673 6444 F 519 673 6948
Waterloo Region101 Frederick Street, Suite 810N2H 6R2T 519 744 4900 F 519 571 9315
Windsor3200 Deziel Drive, Suite 110N8W 5K8T 519 252 4095 F 519 252 7554
• 1,485 sq. ft. & 1,670 sq. ft.• Unit 2 Asking $445,900 ($300 per sq. ft.)• Unit 3 Asking $499,000 ($298 per sq. ft.)• Units can be purchased individually or together
• ± 45.6 Acres• Excellent flat, mostly cleared site• Full municipal services available• Asking $2,000,000
Uptown Waterloo Investor/User OpportunityWaterloo, ON
Residential Development LandMount Brydges, ON
• 26.4 Acres total; will demise into smaller sites• Zoned CSA5 (3) Community Shopping Area• $525,000/acre for Wharncliffe Rd. frontage• $375,000/acre for interior parcels
• 5 Buildings - 152 unit apartment/townhouse portfolio
• Majority of units have been significantly renovated• All utilities have been seperately metered
• ± 32,564 sq. ft. on ± 3 Acres• M-1 General Industrial zoning• Possible ± 10,000 sq. ft. expansion available• Asking $1,925,000
Commercial Development Land London, ON
Apartment PortfolioKitchener/Waterloo, ON
Freestanding Industrial buildingSt. Jacobs, ON
• Mixed use retail and residential• Located on Dundas, near Adelaide Street• Cash 4 You ground floor retail tenant & two 2nd
floor apartments
• 3.67 Acres• Commercial CD2.2 zoning• Zoning provides for an abundance of retail/
This disclaimer shall apply to CBRE Limited, Real Estate Brokerage, and to all other divisions of the Corporation (“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. Mapping Sources: Canadian Mapping Services [email protected]; DMTI Spatial, Environics Analytics, Microsoft Bing, Google Earth
London380 Wellington Street, Suite 30N6A 5B5T 519 673 6444 F 519 673 6948
Waterloo Region101 Frederick Street, Suite 810N2H 6R2T 519 744 4900 F 519 571 9315
Windsor3200 Deziel Drive, Suite 110N8W 5K8T 519 252 4095 F 519 252 7554
• 1,485 sq. ft. & 1,670 sq. ft.• Unit 2 Asking $445,900 ($300 per sq. ft.)• Unit 3 Asking $499,000 ($298 per sq. ft.)• Units can be purchased individually or together
• ± 45.6 Acres• Excellent flat, mostly cleared site• Full municipal services available• Asking $2,000,000
Uptown Waterloo Investor/User OpportunityWaterloo, ON
Residential Development LandMount Brydges, ON
• 26.4 Acres total; will demise into smaller sites• Zoned CSA5 (3) Community Shopping Area• $525,000/acre for Wharncliffe Rd. frontage• $375,000/acre for interior parcels
• 5 Buildings - 152 unit apartment/townhouse portfolio
• Majority of units have been significantly renovated• All utilities have been seperately metered
• ± 32,564 sq. ft. on ± 3 Acres• M-1 General Industrial zoning• Possible ± 10,000 sq. ft. expansion available• Asking $1,925,000
Commercial Development Land London, ON
Apartment PortfolioKitchener/Waterloo, ON
Freestanding Industrial buildingSt. Jacobs, ON
• Mixed use retail and residential• Located on Dundas, near Adelaide Street• Cash 4 You ground floor retail tenant & two 2nd
floor apartments
• 3.67 Acres• Commercial CD2.2 zoning• Zoning provides for an abundance of retail/
• Asking $2,850,000• Asking $570, 000 per Suite• Located in Toronto Community Known as “The Beaches”• Four of the Five Suites are Well Over 1,000 Square Feet• Excellent Tenant Profile• Property is Full of Character and Very Appealing to Tenants
UPSCALE
NeighbourhoodLUXURIOUS &
LARGE APTS
NIAGARA
5 SUITES
• 1 x Bachelor
22 x One Bedrooms
34 x Two Bedrooms
• Walking Distance to Via
Rail Station
• Well Constructed
Concrete Building
• 5.7% CAP Rate
• 13.7% R.O.I
• Treat as Clear. Purchaser
to Arrange Own Financing
• Asking $5,075,000• Asking $89,035 per Suite• Near City of Niagara Falls Municipal Offices and Located in Downtown Area• Built and Owned in 1983 by the Same Family• 4 Units Being Fully Renovated• New Elevator Being Installed by Owner• Parking Lot Being Resurfaced by Owner
EXCELLENT
ConstructionGREAT SUITE
MIX
TORONTO
11 SUITES
• 3 x Bachelor
9 x One Bedrooms
9 x Two Bedrooms
• Lots of Useable Vacant
Space in the Lower Level
• 6.2 % CAP Rate
• 30.2% R.O.I.
• Treat Financing as Clear
• Asking $1,699,000
• Asking $80,905 per Suite
• Approx. 85% of All Units
Have Updated Electrical and Plumbing• Most Kitchens and Bathrooms Updated• Professionally Managed and Landscaped• Tenants Pay Their Own Hydro• Brick Balconies
UPSIDE ON
TURNUPSIDE
POTENTIAL!
PORT HOPE
• 1 x Bachelor 8 x One Bedrooms 2 x Two Bedrooms• Private Driveway with Outdoor Parking and Large Double Garage Currently Used for Storage• Upside Potential with Unit Renovations• 6.0% CAP Rate • 25.0% R.O.I.• Treat Mortgage as Clear
PRICEREDUCED!Large
Corner Lot
12 SUITES 21 SUITES
• 2 x One Bedrooms
9 x Two Bedrooms
1 x Three Bedrooms
• Good Size Apartment
Units
• Located in Proximity to
Shopping, Schools and
Parks
• 27.0% R.O.I.• Treat Clear. Purchaser to Arrange
• Asking $1,149,000• Asking $95,750 per Suite• Tidy 12 Plex with On-Site Superintendant• Located in a Quiet Residential Neighbourhood• Electric Baseboard Heating System• Nice Size Lot 133 Feet x 133 Feet with Ample Paved Parking Area
PRICE
REDUCEDTREAT AS CLEAR
HAMILTON
• Asking $824,900• Asking $74,991 per suite• Historically Designated & Known as Seaton Hall • 2 1/2 Storey Late Victorian Age House, Rectangular Floor Plan with Three Projected Gabled Bays• Many Features of the Earlier Italianate Style, such as Wide Soffits and Paired Windows• Loads of Potential in this Converted Large Home
10 SUITES
• 2 x Bachelor
8 x Two Bedrooms
• Building May Require
Additional Capital and
Upgrading in Order to
Maximize its Potential
• 5.9% CAP Rate
• 16.2% R.O.I.
• Treat Financing as Clear
• Contact Dani Pizzoferrato
For More Details
• Asking $825,000• Asking $82,500 per Suite• Access to Public Transit and Various Consumer Amenities within a Short Distance• Potential Upside on Current Rents• 8 of 10 Tenants Pay Their Own Hydro• Potential to Add Additional Apartments• Large Bedrooms in All Two Bedroom Apartments
PRICE
REDUCEDLOW
MAINTENANCE BUILDING
NIAGARA
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COMM_GLOSS_1716.indd 4 2016-04-19 1:14 PM
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BELLEVILLE
57 SUITES
• 2 x Two Bedrooms
3 x Three Bedrooms
• Potential Upside on Some
Rents on the Turnover
• Suite Upgrades Include
Some New Kitchens,
Flooring and Bathrooms
• 4.0% CAP Rate
• Treat Financing as Clear
• Asking $2,850,000• Asking $570, 000 per Suite• Located in Toronto Community Known as “The Beaches”• Four of the Five Suites are Well Over 1,000 Square Feet• Excellent Tenant Profile• Property is Full of Character and Very Appealing to Tenants
UPSCALE
NeighbourhoodLUXURIOUS &
LARGE APTS
NIAGARA
5 SUITES
• 1 x Bachelor
22 x One Bedrooms
34 x Two Bedrooms
• Walking Distance to Via
Rail Station
• Well Constructed
Concrete Building
• 5.7% CAP Rate
• 13.7% R.O.I
• Treat as Clear. Purchaser
to Arrange Own Financing
• Asking $5,075,000• Asking $89,035 per Suite• Near City of Niagara Falls Municipal Offices and Located in Downtown Area• Built and Owned in 1983 by the Same Family• 4 Units Being Fully Renovated• New Elevator Being Installed by Owner• Parking Lot Being Resurfaced by Owner
EXCELLENT
ConstructionGREAT SUITE
MIX
TORONTO
11 SUITES
• 3 x Bachelor
9 x One Bedrooms
9 x Two Bedrooms
• Lots of Useable Vacant
Space in the Lower Level
• 6.2 % CAP Rate
• 30.2% R.O.I.
• Treat Financing as Clear
• Asking $1,699,000
• Asking $80,905 per Suite
• Approx. 85% of All Units
Have Updated Electrical and Plumbing• Most Kitchens and Bathrooms Updated• Professionally Managed and Landscaped• Tenants Pay Their Own Hydro• Brick Balconies
UPSIDE ON
TURNUPSIDE
POTENTIAL!
PORT HOPE
• 1 x Bachelor 8 x One Bedrooms 2 x Two Bedrooms• Private Driveway with Outdoor Parking and Large Double Garage Currently Used for Storage• Upside Potential with Unit Renovations• 6.0% CAP Rate • 25.0% R.O.I.• Treat Mortgage as Clear
PRICEREDUCED!Large
Corner Lot
12 SUITES 21 SUITES
• 2 x One Bedrooms
9 x Two Bedrooms
1 x Three Bedrooms
• Good Size Apartment
Units
• Located in Proximity to
Shopping, Schools and
Parks
• 27.0% R.O.I.• Treat Clear. Purchaser to Arrange
• Asking $1,149,000• Asking $95,750 per Suite• Tidy 12 Plex with On-Site Superintendant• Located in a Quiet Residential Neighbourhood• Electric Baseboard Heating System• Nice Size Lot 133 Feet x 133 Feet with Ample Paved Parking Area
PRICE
REDUCEDTREAT AS CLEAR
HAMILTON
• Asking $824,900• Asking $74,991 per suite• Historically Designated & Known as Seaton Hall • 2 1/2 Storey Late Victorian Age House, Rectangular Floor Plan with Three Projected Gabled Bays• Many Features of the Earlier Italianate Style, such as Wide Soffits and Paired Windows• Loads of Potential in this Converted Large Home
10 SUITES
• 2 x Bachelor
8 x Two Bedrooms
• Building May Require
Additional Capital and
Upgrading in Order to
Maximize its Potential
• 5.9% CAP Rate
• 16.2% R.O.I.
• Treat Financing as Clear
• Contact Dani Pizzoferrato
For More Details
• Asking $825,000• Asking $82,500 per Suite• Access to Public Transit and Various Consumer Amenities within a Short Distance• Potential Upside on Current Rents• 8 of 10 Tenants Pay Their Own Hydro• Potential to Add Additional Apartments• Large Bedrooms in All Two Bedroom Apartments
PRICE
REDUCEDLOW
MAINTENANCE BUILDING
NIAGARA
8172756_1316
5GCOM
COMM_GLOSS_1716.indd 5 2016-04-19 1:14 PM
RESIDENTIAL | COMMERCIAL | INVESTMENT | DEVELOPMENT | PROPERTY MANAGEMENT
Branthaven Homes presents the Lake House commercial condos. Brand new Commercial/Retail/Office condos by Branthaven! Approx. 975 sq. ft. to 1100 sq. ft. units, with two up to 1600 sq. ft. in size. Located in Grimsby just off of Casablanca Blvd and QEW interchange, on the Branthaven Lakehouse development. Direct exposure to the main road, with plenty of parking. Stretegically situated surrounded by high and medium density residential. Occupancy as early as fall 2017!
BRAND NEW COMMERCIAL CONDOS - GRIMSBY
1316_DJW_0047
Space for lease in a brand new, to be built plaza. 1000 sq. ft. to 25,000 sq. ft. available. Great corner location at Rymal Rd. E. and Dakota Blvd. on the Hamilton Mountain. Surrounded by new residential developments, across from a high school, and 600 meters from the new Trinity Church Rd. Extension between Stone Church Rd. E. and Rymal Rd. E. connecting the area to easy access to the Red Hill Valley Parkway and Lincoln Alexander Parkway to the 403/QEW.
FOR LEASE
Excellent Development opportunity available on busy King St. E. at a signalized intersection near St. Joseph's Community Health Centre and the Hamilton Police Services. Two parcels of land being sold together (2791 King St. E. & 2803 King St. E.) Many uses permitted under current zoning with the potential of a great mixed use development. Total size of both properties is approximately 0.67 acres. Potential Medical or office building.
This disclaimer shall apply to CBRE Limited, Real Estate Brokerage, and to all other divisions of the Corporation (“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. Mapping Sources: Canadian Mapping Services [email protected]; DMTI Spatial, Environics Analytics, Microsoft Bing, Google Earth
London380 Wellington Street, Suite 30N6A 5B5T 519 673 6444 F 519 673 6948
Waterloo Region101 Frederick Street, Suite 810N2H 6R2T 519 744 4900 F 519 571 9315
Windsor3200 Deziel Drive, Suite 110N8W 5K8T 519 252 4095 F 519 252 7554
• Large floor plate• Abundant parking• Anchored by Canada Post• Asking $9,100,000
• 250 Truck/trailer capacity• 17,820 sq. ft. on 8.42 acres• Zoned B-1• Asking Price $3,850,000
• 86,106 sq. ft. on 8.04 acres• Fully leased to a single tenant• Excess land for expansion or outside storage• Asking $2,950,000
• 101,321 sq. ft. plaza & free standing building• Pad site with room for additional 15,000 sq. ft.• Centre of automotive & furniture retail district• Asking $15,600,000
Vacant LandEssex, ON
Industrial Investment OpportunityBrantford, ON
Income Generating Retail PlazaLondon, ON
• 3,638 sq. ft.• Zoned MU-1• Asking $1,250,000
• 26,000 sq. ft. on 1.37 Acres• Zoned I2-6• Divisible into multiples of 2,600 sq. ft.• Asking $2,200,000
• 15,915 sq. ft. retail-office-apartment• Potential for 24% return• Asking $2,100,000 with 3% vacancy
Retail/Office Investment OpportunityKitchener, ON
King/Northfield Industrial OpportunityWaterloo, ON
This disclaimer shall apply to CBRE Limited, Real Estate Brokerage, and to all other divisions of the Corporation (“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. Mapping Sources: Canadian Mapping Services [email protected]; DMTI Spatial, Environics Analytics, Microsoft Bing, Google Earth
London380 Wellington Street, Suite 30N6A 5B5T 519 673 6444 F 519 673 6948
Waterloo Region101 Frederick Street, Suite 810N2H 6R2T 519 744 4900 F 519 571 9315
Windsor3200 Deziel Drive, Suite 110N8W 5K8T 519 252 4095 F 519 252 7554
• Large floor plate• Abundant parking• Anchored by Canada Post• Asking $9,100,000
• 250 Truck/trailer capacity• 17,820 sq. ft. on 8.42 acres• Zoned B-1• Asking Price $3,850,000
• 86,106 sq. ft. on 8.04 acres• Fully leased to a single tenant• Excess land for expansion or outside storage• Asking $2,950,000
• 101,321 sq. ft. plaza & free standing building• Pad site with room for additional 15,000 sq. ft.• Centre of automotive & furniture retail district• Asking $15,600,000
Vacant LandEssex, ON
Industrial Investment OpportunityBrantford, ON
Income Generating Retail PlazaLondon, ON
• 3,638 sq. ft.• Zoned MU-1• Asking $1,250,000
• 26,000 sq. ft. on 1.37 Acres• Zoned I2-6• Divisible into multiples of 2,600 sq. ft.• Asking $2,200,000
• 15,915 sq. ft. retail-office-apartment• Potential for 24% return• Asking $2,100,000 with 3% vacancy
Retail/Office Investment OpportunityKitchener, ON
King/Northfield Industrial OpportunityWaterloo, ON
[email protected]: 226-388-4083Holly Illman, MBA Sales Representative
BRAMPTON• Main & Queen - heart of Brampton
• Development approved for 249 units
• Townhouses & mid-highrise
• 264,000 sq. ft. to be built 1316_DJW_0052
DEVELOPMENT PROPERTIES
AVAILABLE IN PARIS AND NORWICH
11266919_1316
205 KING GEORGE RD, BRANTFORD• High visibility! Great commercial location just down the road from Wal-Mart.• Very high traffic area. • 3747 square foot building• Currently set up as an eat-in/take-out pizza restaurant• Sale Price Reduced to $1,290,000• Lease Price $21.00 per sq ft• Great location to open your own franchise
1316_DJW_2_0084
70 MILL ST, WOODSTOCK
• Development Land
• Zoned C4-19. Great location just off Dundas St.
• Zoning change to multi-residential a possibility.
• 1/3 acre
• Sale Price $100,0001316_DJW_1_0087
YONGE ST. RICHMOND HILL• Location Location - Yonge Street exposure• Commercial property with mechanic shop• Car dealership• Redevelopment to high density residential• $3.7M
FRANCHISES AVAILABLE• Start your own business - site available• From $35,000 to $400,000
PLAZAS AVAILABLE• Markham and Newmarket• Need upgrading• Redevelopment possibilities• $4 - $7M
3,049 SF | GUELPH 40 UNITS | KITCHENER 25,000 SF | LONDON
4,090 SF | GUELPH 4.4 ACRES | SIMCOE
TOWNHOME / APARTMENT SITE 17.28 ACRES | GUELPH
FUTURE DEVELOPMENT
INVESTMENT 24,201 SF | KITCHENER
RETAIL INVESTMENT
The information contained herein was obtained from sources deemed reliable and is believed to be true; it has not been verified and as such, cannot be warranted nor form any part of any future contract. 1130
"with 1 year new" Beckers" Fresh and Ready Foods. Fantastic location with high density residential area with great corner visibility and exposure to busy Walkers Line and Upper Middle inter-section. Huge Lotto sales and Cigarette sales along with high walk-in traffic. New 5 year lease starting May 1, 2016 with option. Converted MAC's into a franchise Becker's. Excellent income of
approx $70K per month/gross. MLS H3179171
TURN KEY BUSINESS IN BURLINGTON
$398,888 $23.50/SQ FT
192 MARY ST. BRANTFORD $2,588,000
Industrial building, 64,835 sq. ft., 1+1 loading doors, 4+1 drive-in doors. Opportunity for expansion on 6.13 acres. MLS# H3172917
1019 WILSON ST. W. ANCASTER $2,995,000
Approx. 5600 ft. high density corner in booming Ancaster. 2.07 acres site perfect for future development. MLS #H3174430
Residential rural building lots with all necessary amenities. Min-utes to waterfront and beaches of Port Maitland. MLS #H3169648
1716_DJW_0049
High density, high visibility and local to all amenities such as transit, schools, shopping, restaurants, hobbies stores, nail shops etc. This ideal office/retail space available is approximately 1482 sq. ft. Rent is $12.00 per sq. ft. plus TMI. MLS H3178347
FOR LEASE - BURLINGTON
$12/SQ FT
1716_DJW_2_0039
Large home already zoned for rooming/boarding house. Corner property on a large city lot, conveniently located on bus route and within walking distance to hospital, shopping, restaurants, etc. Priced to sell with immediate posses-sion. Great potential for motivated in-vestor and/or renovator. This home has large common areas and bedrooms
(approximately 9 bedrooms presently framed in), plenty of storage, and a good layout. MLS #H3170478. Sold "as is", RSA.
2 WEBBER AVE, HAMILTON
$388,888
1716_DJW_0050
Ancaster builders delight. Great build-ing lot opportunity. Simply renovate for an economical family home. This large lot and huge 4+1 bedroom home in need of TLC. Direct hwy access and close to shopping and all amenities. Original owners home in need of someone's personal renovations and personal touch. MLS H3178816
1274 MOHAWK ROAD, ANCASTER
$588,888
1716_DJW_0051
BUILDING LOT/Renovators delight - Century old home built in 1800's (under renovation). This amazing view of the escarpment is breathtaking, minutes from Webster's Falls and the Dundas Lookout. Located directly across from Fisher Park. This home has excellent potential for renovations or rebuild on this fabulous 60 x 110 ft. lot. Home being sold "AS IS". MLS H3177391
commercial and investment buyers.Call for details.
905.929.9800 Sales Representative
647.609.9463 GTA Direct
905.574.6400 Office
BROKERAGE
8148
414_
1716
REDUCED
$179
,900
Well established auto related property and business with 4 bedroom house in Norfolk county, property includes, Salvage yard, Scrap business, 3 bay garage with 2 hoists, 3 bay separate garage with paint booth for body shop also 2 more building for storage or any other related use. Over 3 acres with MD zoning, call LBO for details.
SALVAGE & WRECKING YARD - $899,000
1716_DJW_1_0041 1716_DJW_1_0018
AVAILABLE FOR LEASE
1716_DJW_1_0017
Located on Mountainside in Burlington. Business operates six days a week.
BURLINGTON BUSINESS FOR SALE - $59,900
1716_DJW_1_0023
Great location, South of main triplex with four (4) pc w/rooms, 3 full kit, 1 rough/in kit. Totally updated, hardwood, pot lights, 3 hydro meters & hwts, nice income generating property currently vacant. Close to Schools, Shopping on bus route. Was rented for $2800 p/m.
OTTAWA STREET - HAMILTON - $449,900
1716_DJW_1_0021
Desirable location close to McMaster, Columbia College, high school and student residential area. Doing over 5000 per week in sales and growing on daily basis. Well equipped middle eastern restaurant. Ideal for family or business, minded person. Reasonable rent and lease.
BUSINESS FOR SALE
1716_DJW_1_0022
Great location downtown Burlington franchise business doing 25K per month. Good for family, turn key operation. Training will be provided. Low royalty and easy to operate, buyer to pay transfer fee, for more details call LBO.
BURLINGTON - $74,900
1716_DJW_2_0021
Newly constructed commercial unit, 1100 sq ft with high basement (extra sq ft). Good for retail, of� ce or commercial uses. Close to Hwy, Shopping, Parks and on bus route.
FOR LEASE STONEY CREEK - $2,200,00 P/M
1716_DJW_1_0011
Location, Location, Location. Just off of Guelph line on QEW. Hair salon business for sale (established as a barber shop newly renovated and upgraded). Good opportunity for hands on owner.
BURLINGTON $19,900
1716_DJW_1_0012
Long established Pizza and Wings business. Doing over 50000 sales per month, low rent and long lease, real money making business. Close to all amenities, schools and bus route. Good for big family or business oriented individual.
HAMILTON $249,900
1716_DJW_1_0013
1716_DJW_1_0019
Rare � nd Commercial Plaza with anchor tenant. Net income is 104K, offered at 7% cap rate.
PLAZA FOR SALE - $1,485,000
1716_DJW_1_0085
THISSPACE
FORYOU!
SOLD
SOLD
REDUCED
TO $9
5,000
EAST HAMILTON
Long established. 30 years in business. Great location. No other competition in the area. Doing over $40,000 per month in Sales. Call for more information.
1716_DJW_2_0018
Only one year old pizza franchise. Doing $350K P/Y sales and improving. All brand new equipment and lease hold improvements. Good for large family or hands on manager/owner. Low rent, long lease and real money making business.
BUSINESS FOR SALE - $179,900
1716_DJW_0061
10GCOM
COMM_GLOSS_1716.indd 10 2016-04-19 1:14 PM
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Special Features
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
24 IN THE NEWS — Help Ontario cut red tape
26 MARKET MINDED — Office condos: A new trend in the City of Toronto and Metro Vancouver, says Colliers research report
36 IN THE NEWS — Regent Park revitalization adds international commercial tenants
42 IN THE NEWS — Lake Simcoe waterfront 2015 annual market review
46 MARKET MINDED — Strong demand and limited supply keeps commercial real estate prices high; Sends investors looking to secondary markets in Canada
GLOSSY SECTION EDITORIAL
12G LEGALLY SPEAKING — Winning the gameBy Jayson Schwarz
14G IN THE NEWS — Canada’s top malls form $1,000-per-square-foot club as sector stays resilient
16G INVESTOR INSIGHTS — Five things every condo investor should watch out forBy Andrew la Fleur
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Mail your completed form along with your payment to: The Commercial Investor 401 The West Mall, Suite 500 Etobicoke, ON M9C 5J5Fax: 416-789-9705
Please say you saw it in The Commercial Investor
Commercial Real Estate & Business Opportunities2 Volume 16 Issue 04Commercial Real Estate & Business Opportunities2
COM_1716.indd 2 2016-04-22 4:25 PM
Special Features
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
24 IN THE NEWS — Help Ontario cut red tape
26 MARKET MINDED — Office condos: A new trend in the City of Toronto and Metro Vancouver, says Colliers research report
36 IN THE NEWS — Regent Park revitalization adds international commercial tenants
42 IN THE NEWS — Lake Simcoe waterfront 2015 annual market review
46 MARKET MINDED — Strong demand and limited supply keeps commercial real estate prices high; Sends investors looking to secondary markets in Canada
GLOSSY SECTION EDITORIAL
12G LEGALLY SPEAKING — Winning the gameBy Jayson Schwarz
14G IN THE NEWS — Canada’s top malls form $1,000-per-square-foot club as sector stays resilient
16G INVESTOR INSIGHTS — Five things every condo investor should watch out forBy Andrew la Fleur
OPPORTUNITY IS KNOCKING
Don’t miss any opportunities!
Subscribe today!Have 3 issues of The Commercial InvestorDELIVERED DIRECTLY TO YOUR DOOR– FOR FREE!
Keep yourself up-to-date with a subscription to The Commercial Investor. Have the latest issue delivered to your door for three months.
✔The Newest Opportunities ✔Informative Editorials ✔The Best SelectionTo subscribe, simply mail or fax a completed Subscription Form (below) or email your subscription information in confidence to: [email protected]*Interested in an annual subscription? Call 416-784-5060 or Toll Free 1-877-269-8257 for details.
ORANGEVILLE31-SUITE APARTMENT BUILDING $2,690,000Well kept unique 4 storey, brick
and stucco apartment building, with elevator. The building was previously a historic church built in 1891. It was completely gutted inside and renovated in 1986. Features: 11 Bachelor, 17 – 1-bed-
room and 3 – 2-bedroom suites; controlled entry; electric baseboard heating; one gas hot-water tank 2014, (owned); all bathrooms equipped with grab bars; new roof
in September 2005; new carpet in all corridors October 2005. Excel-lent downtown location. Seldom a vacancy – currectly no vacancy.
3715_DJW_0019
FOR MARKETING BROCHURE CALL:
Brokers InformationListing Service30,000+,Haves & Wants,75% ExclusiveResults in60 seconds on your phoneICIWorld.com iciworld.mobi Add It To Your Home Screen
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416-
214-
4875
Coldwell Banker Commercial Integrity Real Estate Inc., Brokerage
1155 North Service Rd. W. Suite 7Oakville, ON L6M 3E3(289) 291-5068 Email: [email protected]
RETA I L FOR SALE/LEASE 28,100 SF · $1,850,000 · Exclusive · Kitchener Also for Lease $8.75/SF MLS 30504455 · Long standing retail destination in downtown Kitchener for over 80 years! Excellent location for continued retail or conversion for hi‐tech office user. Colin Vogel*
736 SF· $75.00/SF Net· MLS: KW1534274 Waterloo · Indoor mall style on two levels. High pedestrian and traffic location. Good tenant support. Lester Tobin*
5,000 SF·$16.95/SF ·MLS:30504304· Kitchener New Building, High Visibility, Free on‐site parking. John Hoffman*/ Gary Boudreau*
2,550 SF · $12.00/SF · MLS:30502295 Cambridge Retail store front unit with high exposure & high traffic. In downtown Preston. Lester Tobin*
530 SF · $18.00/SF · MLS: 30506783· Kitchener Turn‐key hair/nail salon. High traffic location. Ample on‐site drive‐up parking. Lester Tobin*
1,770 to 5,947 SF · $20.00/SF Net · MLS: 30505595/5597/5598 · Kitchener· New retail plaza on Huron Rd. with high traffic and exposure, ample on‐site drive‐up parking. Lester Tobin*
1,100 SF · $5.50/SF · MLS:30501890· Kitchener High Traffic ‐ High exposure location. On‐site parking available for Tenant. Lester Tobin*
OFF ICE FOR SALE/LEASE
KITCHENER PLAZA RETAIL/OFFICE SPACE FOR LEASE 650 ‐ 2,700 SF · $9.00‐$12.00/SF · MLS: 30500085/899/903· Nicely nished units in busy shopping centre, low common fees, on a public transit route, exis�ng tenants inc. Short Stop, KW Gaming, Curves, Sco�abank & more. James Boudreau**/ Gary Boudreau* 800 SF · $21.00/SF · MLS:30501217 · Waterloo Rare main floor opportunity. High traffic intersection of University & Bridge. Seconds from Hwy 85. Colin Vogel*
839 SF· $12.00/SF ·MLS:KW1537515·Kitchener Finished office, great for medical & service use. Gary Boudreau*/James Boudreau**
1,200 SF · $1,600/Mth · MLS : 30503820 · Kitchener 2nd Floor Unit. Located very close to the New Provin‐cial Courthouse and downtown Kitchener amenities. James Boudreau**/ Gary Boudreau*
4,980 SF · $9.00/SF · MLS:30504057· Kitchener Pres�ge & very visible office building adjacent to Kitchener Farmers Market,1 block from new LRT stop. Total space can be demised to approx. 2,500 SF, 2,000 SF. Underground Parking. James Boudreau**/ Gary Boudreau*
8,991 SF· $12.50/SF ·MLS:30504305·Kitchener New Building, High Visibility, Free on‐site parking. John Hoffman*/ Gary Boudreau*
AAA OFFICE SPACE AVAILABLE · WATERLOO 114,033 SF· $14.50/SF · Exclusive ·Beautifully finished, ample parking, natural light throughout. James Boudreau**
OFF ICE BU I LD ING FOR L EASE & SALE 12,184 SF Divisible · 1,975,000 · $12.95/SF MLS:KW1521512 · Waterloo · Well located office building. Quality finishes throughout. Existing furnishings are included. James Boudreau**
28,100 SF on 3 oors · $1,850,000 · Kitchener · Exclusive · Retail/Office Space. Central to many ini�a�ves and improvements in the downtown core including the city centre condos & minutes from the transit hub. Colin Vogel*/ Peter Benninger**
8,500 SF · Main Floor · 8,500 SF Lower Level $995,000 · Simcoe · MLS:30509700 · Centrally Located in the heart of Norfolk County. Poten�al for ver�cal growth. Colin Vogel*/Peter Benninger**
INVESTMENT FOR SALE
24,860 SF·$3,900,000 · MLS:30504066 Kitchener· Non‐designated heritage building in Downtown core. 3 floors of approx. 8,000 SF each. Many uses, tech to retail. John Hoffman*
RETA I L /OFF I CE INVESTMENT FOR SALE10,704 SF · $2,195,000 · St Jacobs MLS:30508545 · Excellent for Owner/User. Potential for value add. James Boudreau**/Gary Boudreau*
RETA I L OR REDEVELOPMENT S I TE1,586 SF · 0.12 Acres · $925,000 · MLS: 30501737/1745 · Kitchener · Unique High Profile Location. Corner Lot. Located beside farmers market. Lester Tobin*
RETA I L /RES IDENT IAL INVESTMENT7 ,712 SF · $895,000 · Cambridge · MLS: 30506322 Retail/residential or Owner/Userproperty. Main floor 5,642 SF(2 units) Upper floor‐ Three apartments. Lester Tobin*
INDUSTR IAL/WAREHOUSE
FOR LEASE/SALE INDUSTRIAL WAREHOUSE FOR LEASE/SALE13,735 SF · $4.95/SF · $1,050,000 · Cambridge MLS# 30504533/ 30504505 · Freestanding facility Industrial/Warehouse. Centrally located with access off 2 streets.10,400 SF Warehouse, 3,335 SF Office. Lester Tobin*
6,287 SF ·$7.00/SF·MLS:KW1531928·Kitchener Rare to find! 2 drive thru truck bays, one with pit. Tool room attached. Abundant yard space avail. at extra cost. John Hoffman*
9,360 SF· $6.50/SF ·MLS: 30501592· Kitchener 7,699 sf 16 dock shipping area. 1,661 sf office w/drivers area, new doors, bright, well windowed. John Hoffman*
3,450 SF · $11.00/SF Gross · MLS: KW1537169 Kitchener · Clean industrial space, finished offices, ample power. James Boudreau**
21,775 SF· $4.50/SF ·MLS:30505583·Kitchener Excellent manufacturing and/or warehouse facility. Good power, loading and parking. R. Blake Hull*
6,994 SF· $7.00/SF ·MLS: 30506432 · Kitchener Clean space, good mix of office space w/light manufacturing and assembly space. Easy access to expressway. Roman Ginzburg*
COLDWELL BANKER COMMERCIAL PETER BENNINGER REALTY, BROKERAGE 508 RIVERBEND DRIVE, KITCHENER, ON. Phone: 519‐743‐5211
RETA I L FOR SALE/LEASE 28,100 SF · $1,850,000 · Exclusive · Kitchener Also for Lease $8.75/SF MLS 30504455 · Long standing retail destination in downtown Kitchener for over 80 years! Excellent location for continued retail or conversion for hi‐tech office user. Colin Vogel*
736 SF· $75.00/SF Net· MLS: KW1534274 Waterloo · Indoor mall style on two levels. High pedestrian and traffic location. Good tenant support. Lester Tobin*
5,000 SF·$16.95/SF ·MLS:30504304· Kitchener New Building, High Visibility, Free on‐site parking. John Hoffman*/ Gary Boudreau*
2,550 SF · $12.00/SF · MLS:30502295 Cambridge Retail store front unit with high exposure & high traffic. In downtown Preston. Lester Tobin*
530 SF · $18.00/SF · MLS: 30506783· Kitchener Turn‐key hair/nail salon. High traffic location. Ample on‐site drive‐up parking. Lester Tobin*
1,770 to 5,947 SF · $20.00/SF Net · MLS: 30505595/5597/5598 · Kitchener· New retail plaza on Huron Rd. with high traffic and exposure, ample on‐site drive‐up parking. Lester Tobin*
1,100 SF · $5.50/SF · MLS:30501890· Kitchener High Traffic ‐ High exposure location. On‐site parking available for Tenant. Lester Tobin*
OFF ICE FOR SALE/LEASE
KITCHENER PLAZA RETAIL/OFFICE SPACE FOR LEASE 650 ‐ 2,700 SF · $9.00‐$12.00/SF · MLS: 30500085/899/903· Nicely nished units in busy shopping centre, low common fees, on a public transit route, exis�ng tenants inc. Short Stop, KW Gaming, Curves, Sco�abank & more. James Boudreau**/ Gary Boudreau* 800 SF · $21.00/SF · MLS:30501217 · Waterloo Rare main floor opportunity. High traffic intersection of University & Bridge. Seconds from Hwy 85. Colin Vogel*
839 SF· $12.00/SF ·MLS:KW1537515·Kitchener Finished office, great for medical & service use. Gary Boudreau*/James Boudreau**
1,200 SF · $1,600/Mth · MLS : 30503820 · Kitchener 2nd Floor Unit. Located very close to the New Provin‐cial Courthouse and downtown Kitchener amenities. James Boudreau**/ Gary Boudreau*
4,980 SF · $9.00/SF · MLS:30504057· Kitchener Pres�ge & very visible office building adjacent to Kitchener Farmers Market,1 block from new LRT stop. Total space can be demised to approx. 2,500 SF, 2,000 SF. Underground Parking. James Boudreau**/ Gary Boudreau*
8,991 SF· $12.50/SF ·MLS:30504305·Kitchener New Building, High Visibility, Free on‐site parking. John Hoffman*/ Gary Boudreau*
AAA OFFICE SPACE AVAILABLE · WATERLOO 114,033 SF· $14.50/SF · Exclusive ·Beautifully finished, ample parking, natural light throughout. James Boudreau**
OFF ICE BU I LD ING FOR L EASE & SALE 12,184 SF Divisible · 1,975,000 · $12.95/SF MLS:KW1521512 · Waterloo · Well located office building. Quality finishes throughout. Existing furnishings are included. James Boudreau**
28,100 SF on 3 oors · $1,850,000 · Kitchener · Exclusive · Retail/Office Space. Central to many ini�a�ves and improvements in the downtown core including the city centre condos & minutes from the transit hub. Colin Vogel*/ Peter Benninger**
8,500 SF · Main Floor · 8,500 SF Lower Level $995,000 · Simcoe · MLS:30509700 · Centrally Located in the heart of Norfolk County. Poten�al for ver�cal growth. Colin Vogel*/Peter Benninger**
INVESTMENT FOR SALE
24,860 SF·$3,900,000 · MLS:30504066 Kitchener· Non‐designated heritage building in Downtown core. 3 floors of approx. 8,000 SF each. Many uses, tech to retail. John Hoffman*
RETA I L /OFF I CE INVESTMENT FOR SALE10,704 SF · $2,195,000 · St Jacobs MLS:30508545 · Excellent for Owner/User. Potential for value add. James Boudreau**/Gary Boudreau*
RETA I L OR REDEVELOPMENT S I TE1,586 SF · 0.12 Acres · $925,000 · MLS: 30501737/1745 · Kitchener · Unique High Profile Location. Corner Lot. Located beside farmers market. Lester Tobin*
RETA I L /RES IDENT IAL INVESTMENT7 ,712 SF · $895,000 · Cambridge · MLS: 30506322 Retail/residential or Owner/Userproperty. Main floor 5,642 SF(2 units) Upper floor‐ Three apartments. Lester Tobin*
INDUSTR IAL/WAREHOUSE
FOR LEASE/SALE INDUSTRIAL WAREHOUSE FOR LEASE/SALE13,735 SF · $4.95/SF · $1,050,000 · Cambridge MLS# 30504533/ 30504505 · Freestanding facility Industrial/Warehouse. Centrally located with access off 2 streets.10,400 SF Warehouse, 3,335 SF Office. Lester Tobin*
6,287 SF ·$7.00/SF·MLS:KW1531928·Kitchener Rare to find! 2 drive thru truck bays, one with pit. Tool room attached. Abundant yard space avail. at extra cost. John Hoffman*
9,360 SF· $6.50/SF ·MLS: 30501592· Kitchener 7,699 sf 16 dock shipping area. 1,661 sf office w/drivers area, new doors, bright, well windowed. John Hoffman*
3,450 SF · $11.00/SF Gross · MLS: KW1537169 Kitchener · Clean industrial space, finished offices, ample power. James Boudreau**
21,775 SF· $4.50/SF ·MLS:30505583·Kitchener Excellent manufacturing and/or warehouse facility. Good power, loading and parking. R. Blake Hull*
6,994 SF· $7.00/SF ·MLS: 30506432 · Kitchener Clean space, good mix of office space w/light manufacturing and assembly space. Easy access to expressway. Roman Ginzburg*
COLDWELL BANKER COMMERCIAL PETER BENNINGER REALTY, BROKERAGE 508 RIVERBEND DRIVE, KITCHENER, ON. Phone: 519‐743‐5211
28,100 SF · $1,850,000 · Exclusive · Kitchener · Also for Lease $8.75/SF MLS 30504455 · Long standing retail destination in downtown Kitchener for over 80 years! Excellent location for continued retail or conversion for hi‐tech office user. Colin Vogel* 5,000 SF·$16.95/SF ·MLS:30504304· Kitchener New Building, High Visibility, Free on‐site parking. John Hoffman*/ Gary Boudreau* 2,550 SF · $12.00/SF · Exclusive Cambridge Retail store front unit with high exposure & high traffic. In downtown Preston. Lester Tobin* 1,770 to 5,947 SF · $20.00/SF Net · MLS: 30505595/5597/5598 · Kitchener· New retail plaza on Huron Rd. with high traffic and exposure, ample on‐site drive‐up parking. Lester Tobin* 1,100 SF · $5.50/SF · MLS:30501890· Kitchener High Traffic ‐ High exposure location. On‐site parking available for Tenant. Lester Tobin* 4,800 SF (2 buildings) · 0.9 Ac. · $699,000 MLS: 30508944 · Paris · Located at major Paris intersection, avgerage traffic count 17,500 cars daily. Zoning permits many uses. Bill Halpenny* 28,100 SF on 3 oors · $1,850,000 · Kitchener · Exclusive · Retail/Office Space. Central to many ini�a�ves and improvements in the downtown core including the city centre condos & minutes from the transit hub. Colin Vogel*/ Peter Benninger**
OFF ICE FOR SALE/LEASE
KITCHENER PLAZA RETAIL/OFFICE SPACE 650 ‐ 839 SF · $12.00/SF · MLS: 3050308, KW1537515· Nicely nished units in busy shop‐ping centre, low common fees, on public transit route, exis�ng tenants include Li�le Short Stop, KW Gaming, Curves, Sco�abank & more. James Boudreau**/ Gary Boudreau*
OFF ICE BU I LD ING FOR LEASE & SALE 12,184 SF Divisible · 1,975,000 · $12.95/SF MLS: KW1521512 · Waterloo · Well located office building. Quality finishes throughout. Existing furnishings are included. James Boudreau** 800 SF · $21.00/SF · MLS:30501217 · Waterloo Rare main floor opportunity. High traffic intersection of University & Bridge. Seconds from Hwy 85. Colin Vogel* 839 SF· $12.00/SF ·MLS:KW1537515·Kitchener Finished office, great for medical & service use. Gary Boudreau*/James Boudreau** 1,200 SF · $1,600/Mth · MLS : 30503820 · Kitchener 2nd Floor Unit. Located very close to the New Provincial Courthouse and downtown Kitchener amenities. James Boudreau**/ Gary Boudreau* 4,980 SF · $9.00/SF · MLS:30504057· Kitchener Pres�ge & very visible office building adjacent to Kitchener Farmers Market,1 block from new LRT stop. Total space can be demised to ap‐prox. 2,500 SF, 2,000 SF. Underground Parking. James Boudreau**/ Gary Boudreau* 8,991 SF· $12.50/SF ·MLS:30504305·Kitchener New Building, High Visibility, Free on‐site parking. John Hoffman*/ Gary Boudreau* AAA OFFICE SPACE AVAILABLE · WATERLOO 114,033 SF · $14.50/SF · MLS:30514878 Beautifully finished, ample parking, natural light throughout. James Boudreau** 8,500 SF - Main · 8,500 SF ‐ Lower · $995,000 MLS:30509700 · Simcoe · Centrally Located in the heart of Norfolk County. Poten�al for ver�cal growth. Colin Vogel*/Peter Benninger**
INVESTMENT FOR SALE
RETA I L OR REDEVELOPMENT S I TE 1,586 SF · 0.12 Acres · $899,000 · MLS: 30501737/30501745 · Kitchener Unique High Profile Location. Corner Lot. Located beside farmers market. Lester Tobin*
RETA I L /OFF I CE INVESTMENT FOR SALE10,704 SF · $2,195,000 · MLS:30508545 St Jacobs · Excellent for Owner/User. Potential for value add. James Boudreau**/Gary Boudreau* 24,860 SF · $3,900,000 · MLS: 30504066Kitchener · Non‐designated heritage building in Downtown core. 3 floors of approx. 8,000 SF each. Many uses, tech to retail. John Hoffman* RETA I L /RES IDENT IAL INVESTMENT7 ,712 SF · $895,000 · Cambridge · MLS: 30506322 Retail/Residential or Owner/User property. Main floor 5,642 SF(2 units) Upper floor‐ Three apartments. Lester Tobin*
INDUSTR IAL/WAREHOUSE
FOR LEASE/SALE
10,000‐20,000 SF· $5.41/SF GROSS · KitchenerMLS: 30512810 · Ceiling height 13’ clear . Two 8’ x 8’ loading dock doors, conveyor, elevator, alarm system, surveillance system, sprinklers, washrooms. Lester Tobin* 16,217 SF· $875,000 · MLS: 30511873 New Hamburg · Well located just off hwy 7, well built building on 2 acres of land. Ceilings from 13’ ‐ 18’ clear. John Hoffman* INDUSTRIAL WAREHOUSE FOR LEASE/SALE13,735 SF · $4.95/SF · $999,000 · Cambridge MLS# 30504533/ 30504505 · Freestanding facility Industrial/Warehouse. Centrally located with access off 2 streets.10,400 SF Warehouse, 3,335 SF Office. Lester Tobin* 6,287 SF ·$7.00/SF·MLS:KW1531928·Kitchener Rare to find! 2 drive thru truck bays, one with pit. Tool room attached. Abundant yard space avail. at extra cost. John Hoffman* 9,360 SF· $6.50/SF ·MLS: 30501592· Kitchener 7,699 sf 16 dock shipping area. 1,661 sf office w/drivers area, new doors, bright, well windowed. John Hoffman*
8171433_1716
COLDWELL BANKER COMMERCIAL PETER BENNINGER REALTY, BROKERAGE 508 RIVERBEND DRIVE, KITCHENER, ON. Phone: 519‐743‐5211
For Commercial Real Estate Solutions in Canada's Technology Triangle, contact any one of our sales representatives, or call 519‐743‐5211. SALES REPRESENTATIVES: Gary Boudreau * · ext. 3029 James Boudreau ** · ext. 3020 Selby Colson * · ext. 3100 Mike Flynn * · ext. 3037 Roman Ginzburg* · ext. 3103 John Hoffman * · ext. 3040 Bill Halpenny * · ext. 3120 R. Blake Hull* · ext. 3032 Eric Reiner* · ext. 2099 Lester Tobin* · ext. 3023 Colin Vogel* · ext. 3110 Harmony Voisin · ext. 3117 BROKER OF RECORD: Peter Benninger** · ext. 3000
LAND FOR SALE 6.60 Acres (+/‐) Commercial/Retail· 2.94 Acres (+/‐) Residential · $1,000,000 Per Acre· Exclusive Tremendous Opportunity on major arterial road. Considerable exposure along Ottawa St. Concepts for res portion incl. 140 stacked town homes or a 134 unit retirement homes or a 134 unit retirement facility. Peter Benninger** LAND AND BUILDINGS FOR SALE 3,687 SF · $775,000 · MLS: KW1537347 St Jacobs · Why pay rent? Excellent opportunity for Owner/User. Redevelopment potential. James Boudreau**/ Gary Boudreau* DEVELOPMENT LAND FOR SALE 3 .58 Ac res · $995,000 · Conestogo · Exclusive · Backs onto forested area. Excellent re‐development opportunity. James Boudreau**/ Gary Boudreau*
COMMERCIAL DEVELOPMENT LAND FOR SALE 5,498 SF (approx) · $850,000 · Kitchener EXCLUSIVE · Income potential from buildings. Redevelopment parcel. James Boudreau** LAND&BUI LD INGS ‐ INVESTMENT OFF ICE 12,853SF ·$2,500,000 · Kitchener MLS# 30503036· Multi‐tenant office building. Centrally located. Zoning & property suitable for many uses. James Boudreau**/ Gary Boudreau* HIGH DENSITY MIXED USE DEVELOPMENT 3.25 Acres· $5,850,000 · EXCLUSIVE Kitchener · Frontage on 2 major streets at the gateway to downtown Kitchener. Excellent access to Hwy 401 via Hwy 8 Directly on proposed light rail transit route. Peter Benninger**/Colin Vogel*
8.28 Acres · $1,558,000 · MLS: KW1522201 Cambridge · Fantastic location to build up to 64,207 sq. ft. in 2 buildings. Many uses within M3 zoning including residential. In park setting. John Hoffman*
GREAT RE ‐DEVELOPMENT S I T E 25,182 SF · $2,420,000 · MLS: KW1417598 Brockville · Some medical onsite. Walking distance from Hospital. Some new leases pending. John Hoffman*/Gary Boudreau* 66.58 Ac. · $2,200,000 EXCLUSIVE· Cambridge Under consideration to change OP designation to industrial. Peter Benninger** Approx.217 Acres · $4,340,000 · EXCLUSIVE Waterloo Region · Currently Being Farmed. Call for info pkg! Peter Benninger**/Colin Vogel* 2.8 Ac.Land · $4,000/month · MLS: KW 1514567 · Fully fenced with one gate, graveled and compacted. Bleams Road coming through in the Spring of 2015! John Hoffman* 1.03 Acres · $1,995,000 · MLS: 30502898 1 Acre of Urban Development Land. Wide range of uses permitted. James Boudreau* 10.87 Acres · $3,600,000 · EXCLUSIVE · Brantford · High traffic, high visibility. Part of intensification corridor being studied by the city. Peter Benninger** 0.35 Acres · $1,425,000 · Exclusive · Kitchener Development opportunity in the heart of downtown Kitchener. Capitalize on current DC exemptions. Peter Benninger**/ Colin Vogel*
BUS INESS FOR SALE
MECHANIC SHOP AND LOT 1,440 SF· $559,000·MLS: KW1535223 Kitchener · Established mechanic business on quarter acre site. Ideal for used car sales. R. Blake Hull* 1,800 SF · $195,000 ·MLS:30502387 Waterloo · Well established and highly respected full service fine/casual dining restaurant located in Waterloo’s uptown. Lester Tobin*
MULT I ‐FAMILY FOR SALE
36 Units · $5,500,0000 · MLS: 30505507 Kitchener · Brand New! 100% Leased, 100% Income guarantee& bldg warranty. Generously sized units w/premium finishes, stainless steel appliances, in suite laundry, Separate hydro & gas meters. Located steps away from shopping & expwy On major transit route. Eric Reiner* 9 Units · $895,000· MLS:30501031 · KitchenerIncome property in desirable downtown location. Close to farmer's market, city hall, new courthouse, etc. Upgraded oversized units featuring newer kitchens, baths, stainless steel appliances Large lot with excess land. CR1 zoning provides future development potential (approx. 0.40 Acres). Mike Flynn*
COLDWELL BANKER COMMERCIAL PETER BENNINGER REALTY, BROKERAGE 508 RIVERBEND DRIVE, KITCHENER, ON. Phone: 519‐743‐5211
For Commercial Real Estate Solutions in Canada's Technology Triangle, contact any one of our sales representatives, or call 519‐743‐5211. SALES REPRESENTATIVES: Gary Boudreau * · ext. 3029 James Boudreau ** · ext. 3020 Selby Colson * · ext. 3100 Mike Flynn * · ext. 3037 Roman Ginzburg* · ext. 3103 John Hoffman * · ext. 3040 Bill Halpenny * · ext. 3120 R. Blake Hull* · ext. 3032 Eric Reiner* · ext. 2099 Lester Tobin* · ext. 3023 Colin Vogel* · ext. 3110 Harmony Voisin · ext. 3117 BROKER OF RECORD: Peter Benninger** · ext. 3000
LAND FOR SALE 6.60 Acres (+/‐) Commercial/Retail· 2.94 Acres (+/‐) Residential · $1,000,000 Per Acre· Exclusive Tremendous Opportunity on major arterial road. Considerable exposure along Ottawa St. Concepts for res portion incl. 140 stacked town homes or a 134 unit retirement homes or a 134 unit retirement facility. Peter Benninger** LAND AND BUILDINGS FOR SALE 3,687 SF · $775,000 · MLS: KW1537347 St Jacobs · Why pay rent? Excellent opportunity for Owner/User. Redevelopment potential. James Boudreau**/ Gary Boudreau* DEVELOPMENT LAND FOR SALE 3 .58 Ac res · $995,000 · Conestogo · Exclusive · Backs onto forested area. Excellent re‐development opportunity. James Boudreau**/ Gary Boudreau*
COMMERCIAL DEVELOPMENT LAND FOR SALE 5,498 SF (approx) · $850,000 · Kitchener EXCLUSIVE · Income potential from buildings. Redevelopment parcel. James Boudreau** LAND&BUI LD INGS ‐ INVESTMENT OFF ICE 12,853SF ·$2,500,000 · Kitchener MLS# 30503036· Multi‐tenant office building. Centrally located. Zoning & property suitable for many uses. James Boudreau**/ Gary Boudreau* HIGH DENSITY MIXED USE DEVELOPMENT 3.25 Acres· $5,850,000 · EXCLUSIVE Kitchener · Frontage on 2 major streets at the gateway to downtown Kitchener. Excellent access to Hwy 401 via Hwy 8 Directly on proposed light rail transit route. Peter Benninger**/Colin Vogel*
8.28 Acres · $1,558,000 · MLS: KW1522201 Cambridge · Fantastic location to build up to 64,207 sq. ft. in 2 buildings. Many uses within M3 zoning including residential. In park setting. John Hoffman*
GREAT RE ‐DEVELOPMENT S I T E 25,182 SF · $2,420,000 · MLS: KW1417598 Brockville · Some medical onsite. Walking distance from Hospital. Some new leases pending. John Hoffman*/Gary Boudreau* 66.58 Ac. · $2,200,000 EXCLUSIVE· Cambridge Under consideration to change OP designation to industrial. Peter Benninger** Approx.217 Acres · $4,340,000 · EXCLUSIVE Waterloo Region · Currently Being Farmed. Call for info pkg! Peter Benninger**/Colin Vogel* 2.8 Ac.Land · $4,000/month · MLS: KW 1514567 · Fully fenced with one gate, graveled and compacted. Bleams Road coming through in the Spring of 2015! John Hoffman* 1.03 Acres · $1,995,000 · MLS: 30502898 1 Acre of Urban Development Land. Wide range of uses permitted. James Boudreau* 10.87 Acres · $3,600,000 · EXCLUSIVE · Brantford · High traffic, high visibility. Part of intensification corridor being studied by the city. Peter Benninger** 0.35 Acres · $1,425,000 · Exclusive · Kitchener Development opportunity in the heart of downtown Kitchener. Capitalize on current DC exemptions. Peter Benninger**/ Colin Vogel*
BUS INESS FOR SALE
MECHANIC SHOP AND LOT 1,440 SF· $559,000·MLS: KW1535223 Kitchener · Established mechanic business on quarter acre site. Ideal for used car sales. R. Blake Hull* 1,800 SF · $195,000 ·MLS:30502387 Waterloo · Well established and highly respected full service fine/casual dining restaurant located in Waterloo’s uptown. Lester Tobin*
MULT I ‐FAMILY FOR SALE
36 Units · $5,500,0000 · MLS: 30505507 Kitchener · Brand New! 100% Leased, 100% Income guarantee& bldg warranty. Generously sized units w/premium finishes, stainless steel appliances, in suite laundry, Separate hydro & gas meters. Located steps away from shopping & expwy On major transit route. Eric Reiner* 9 Units · $895,000· MLS:30501031 · KitchenerIncome property in desirable downtown location. Close to farmer's market, city hall, new courthouse, etc. Upgraded oversized units featuring newer kitchens, baths, stainless steel appliances Large lot with excess land. CR1 zoning provides future development potential (approx. 0.40 Acres). Mike Flynn*
COLDWELL BANKER COMMERCIAL PETER BENNINGER REALTY, BROKERAGE 508 RIVERBEND DRIVE, KITCHENER, ON. Phone: 519‐743‐5211
For Commercial Real Estate Solutions in Canada's Technology Triangle, contact any one of our sales representatives, or call 519‐743‐5211.
SALES REPRESENTATIVES:
Peter Benninger** · ext. 3000Gary Boudreau * · ext. 3029
James Boudreau ** · ext. 3020
Selby Colson * · ext. 3100
Mike Flynn * · ext. 3037
Roman Ginzburg* · ext. 3103
John Hoffman * · ext. 3040 Bill Halpenny * · ext. 3120
R. Blake Hull* · ext. 3032
Eric Reiner* · ext. 2099
Lester Tobin* · ext. 3023
Colin Vogel* · ext. 3110
Harmony Voisin* · ext. 3117
3,450 SF · $11.00/SF Gross · MLS: KW1537169 Kitchener · Clean industrial space, finished offices, ample power. James Boudreau** 21,775 SF · $4.50/SF · MLS: 30505583 Kitchener · Excellent manufacturing and/or warehouse facility. Good power, loading and parking. R. Blake Hull*
6,994 SF·$7.00/SF ·MLS: 30506432 · Kitchener Clean space, good mix of office space w/light manufacturing and assembly space. Easy access to expressway. Roman Ginzburg*
LAND FOR SALE
20,000 SF, 5.41 Acres · $2,200,000 MLS :30511105 · St Thomas · Residential Re‐Development Site. Former school surrounded by existing single family homes. Property subject to re‐zoning for 30 single lots & one 6 unit townhome lot Lester Tobin* 6.60 Acres (+/‐) Commercial/Retail· 2.94 Acres (+/‐) Residential · $1,000,000 Per Acre· Exclusive Tremendous Opportunity on major arterial road. Considerable exposure along Ot‐tawa St. Concepts for res portion incl. 140 stacked town homes or a 134 unit retirement homes or a 134 unit retirement facility. Peter Benninger** LAND AND BUILDINGS FOR SALE 3,687 SF · $775,000 · MLS: KW1537347 St Jacobs · Why pay rent? Excellent opportunity for Owner/User. Redevelopment potential. James Boudreau**/ Gary Boudreau* DEVELOPMENT LAND FOR SALE 3 .58 Ac res · $995,000 · Conestogo · Exclusive · Backs onto forested area. Excellent re‐development opportunity. James Boudreau**/ Gary Boudreau* Approx. 217 Acres · EXCLUSIVE · Waterloo Region· Currently Being Farmed. Call for info pkg! Peter Benninger**/Colin Vogel*
HIGH DENSITY MIXED USE DEVELOPMENT 3.25 Acres· $5,850,000 · EXCLUSIVE Kitchener · Frontage on 2 major streets at the gateway to downtown Kitchener. Excellent access to Hwy 401 via Hwy 8 Directly on proposed light rail transit route. Peter Benninger**/Colin Vogel* 4,800 SF (2 bldgs.) · 0.9 Ac. $699,000 · MLS: 30508944 · Paris · Located at major intersection, avg. traffic count 17,500 cars daily. Zoning permits many uses. Bill Halpenny* COMMERCIAL DEVELOPMENT LAND 5,498 SF (approx) · $850,000 · Kitchener EXCLUSIVE · Income potential from buildings. Redevelopment parcel. James Boudreau** LAND&BUI LD INGS ‐ INVESTMENT OFF ICE 12,853SF · $2,100,000 · Kitchener · MLS# 30503036 Multi‐tenant office building. Centrally located. Zoning & property suitable for many uses. James Boudreau**/ Gary Boudreau* 8.28 Acres · $1,558,000 · MLS: KW1522201 Cambridge · Fantastic location to build up to 64,207 sq. ft. in 2 buildings. Many uses within M3 zoning including residential. In park setting. John Hoffman* GREAT RE ‐DEVELOPMENT S I TE 25,182 SF · $2,420,000 · MLS: KW1417598 Brockville · Some medical onsite. Walking distance from Hospital. Some new leases pending. John Hoffman*/Gary Boudreau* 66.58 Ac. · $2,200,000 EXCLUSIVE · Cambridge · Under consideration to change OP designation to industrial. Peter Benninger** 1.03 Acres · $1,995,000 · MLS: 30502898 Kitchener · 1 Acre of Urban Development Land. Wide range of uses permitted. James Boudreau* 10.87 Acres · $3,600,000 · EXCLUSIVE · Brantford · High traffic, high visibility. Part of intensification corridor being studied by the city. Peter Benninger**
BUS INESS FOR SALE
1,800 SF · $149,000 · MLS:30502387 Waterloo · Well established and highly respected full service fine/casual dining restaurant located in Waterloo’s uptown. Lester Tobin*
CAR WASH BUSINESS FOR SALE · EXCLUSIVE Brantford · Full service, fully automated car wash in major traffic area. Lester Tobin*
MULT I ‐FAMILY FOR SALE
36 Units · $5,500,0000 · MLS: 30505507 Kitchener · Brand New! 100% Leased, 100% Income guarantee& bldg warranty. Generously sized units w/premium finishes, stainless steel appliances, in suite laundry, Separate hydro & gas meters. Located steps away from shopping & expwy On major transit route. Eric Reiner*
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COLDWELL BANKER COMMERCIAL PETER BENNINGER REALTY, BROKERAGE 508 RIVERBEND DRIVE, KITCHENER, ON. Phone: 519‐743‐5211
RETA I L FOR SALE/LEASE 28,100 SF · $1,850,000 · Exclusive · Kitchener Also for Lease $8.75/SF MLS 30504455 · Long standing retail destination in downtown Kitchener for over 80 years! Excellent location for continued retail or conversion for hi‐tech office user. Colin Vogel*
736 SF· $75.00/SF Net· MLS: KW1534274 Waterloo · Indoor mall style on two levels. High pedestrian and traffic location. Good tenant support. Lester Tobin*
5,000 SF·$16.95/SF ·MLS:30504304· Kitchener New Building, High Visibility, Free on‐site parking. John Hoffman*/ Gary Boudreau*
2,550 SF · $12.00/SF · MLS:30502295 Cambridge Retail store front unit with high exposure & high traffic. In downtown Preston. Lester Tobin*
530 SF · $18.00/SF · MLS: 30506783· Kitchener Turn‐key hair/nail salon. High traffic location. Ample on‐site drive‐up parking. Lester Tobin*
1,770 to 5,947 SF · $20.00/SF Net · MLS: 30505595/5597/5598 · Kitchener· New retail plaza on Huron Rd. with high traffic and exposure, ample on‐site drive‐up parking. Lester Tobin*
1,100 SF · $5.50/SF · MLS:30501890· Kitchener High Traffic ‐ High exposure location. On‐site parking available for Tenant. Lester Tobin*
OFF ICE FOR SALE/LEASE
KITCHENER PLAZA RETAIL/OFFICE SPACE FOR LEASE 650 ‐ 2,700 SF · $9.00‐$12.00/SF · MLS: 30500085/899/903· Nicely nished units in busy shopping centre, low common fees, on a public transit route, exis�ng tenants inc. Short Stop, KW Gaming, Curves, Sco�abank & more. James Boudreau**/ Gary Boudreau* 800 SF · $21.00/SF · MLS:30501217 · Waterloo Rare main floor opportunity. High traffic intersection of University & Bridge. Seconds from Hwy 85. Colin Vogel*
839 SF· $12.00/SF ·MLS:KW1537515·Kitchener Finished office, great for medical & service use. Gary Boudreau*/James Boudreau**
1,200 SF · $1,600/Mth · MLS : 30503820 · Kitchener 2nd Floor Unit. Located very close to the New Provin‐cial Courthouse and downtown Kitchener amenities. James Boudreau**/ Gary Boudreau*
4,980 SF · $9.00/SF · MLS:30504057· Kitchener Pres�ge & very visible office building adjacent to Kitchener Farmers Market,1 block from new LRT stop. Total space can be demised to approx. 2,500 SF, 2,000 SF. Underground Parking. James Boudreau**/ Gary Boudreau*
8,991 SF· $12.50/SF ·MLS:30504305·Kitchener New Building, High Visibility, Free on‐site parking. John Hoffman*/ Gary Boudreau*
AAA OFFICE SPACE AVAILABLE · WATERLOO 114,033 SF· $14.50/SF · Exclusive ·Beautifully finished, ample parking, natural light throughout. James Boudreau**
OFF ICE BU I LD ING FOR L EASE & SALE 12,184 SF Divisible · 1,975,000 · $12.95/SF MLS:KW1521512 · Waterloo · Well located office building. Quality finishes throughout. Existing furnishings are included. James Boudreau**
28,100 SF on 3 oors · $1,850,000 · Kitchener · Exclusive · Retail/Office Space. Central to many ini�a�ves and improvements in the downtown core including the city centre condos & minutes from the transit hub. Colin Vogel*/ Peter Benninger**
8,500 SF · Main Floor · 8,500 SF Lower Level $995,000 · Simcoe · MLS:30509700 · Centrally Located in the heart of Norfolk County. Poten�al for ver�cal growth. Colin Vogel*/Peter Benninger**
INVESTMENT FOR SALE
24,860 SF·$3,900,000 · MLS:30504066 Kitchener· Non‐designated heritage building in Downtown core. 3 floors of approx. 8,000 SF each. Many uses, tech to retail. John Hoffman*
RETA I L /OFF I CE INVESTMENT FOR SALE10,704 SF · $2,195,000 · St Jacobs MLS:30508545 · Excellent for Owner/User. Potential for value add. James Boudreau**/Gary Boudreau*
RETA I L OR REDEVELOPMENT S I TE1,586 SF · 0.12 Acres · $925,000 · MLS: 30501737/1745 · Kitchener · Unique High Profile Location. Corner Lot. Located beside farmers market. Lester Tobin*
RETA I L /RES IDENT IAL INVESTMENT7 ,712 SF · $895,000 · Cambridge · MLS: 30506322 Retail/residential or Owner/Userproperty. Main floor 5,642 SF(2 units) Upper floor‐ Three apartments. Lester Tobin*
INDUSTR IAL/WAREHOUSE
FOR LEASE/SALE INDUSTRIAL WAREHOUSE FOR LEASE/SALE13,735 SF · $4.95/SF · $1,050,000 · Cambridge MLS# 30504533/ 30504505 · Freestanding facility Industrial/Warehouse. Centrally located with access off 2 streets.10,400 SF Warehouse, 3,335 SF Office. Lester Tobin*
6,287 SF ·$7.00/SF·MLS:KW1531928·Kitchener Rare to find! 2 drive thru truck bays, one with pit. Tool room attached. Abundant yard space avail. at extra cost. John Hoffman*
9,360 SF· $6.50/SF ·MLS: 30501592· Kitchener 7,699 sf 16 dock shipping area. 1,661 sf office w/drivers area, new doors, bright, well windowed. John Hoffman*
3,450 SF · $11.00/SF Gross · MLS: KW1537169 Kitchener · Clean industrial space, finished offices, ample power. James Boudreau**
21,775 SF· $4.50/SF ·MLS:30505583·Kitchener Excellent manufacturing and/or warehouse facility. Good power, loading and parking. R. Blake Hull*
6,994 SF· $7.00/SF ·MLS: 30506432 · Kitchener Clean space, good mix of office space w/light manufacturing and assembly space. Easy access to expressway. Roman Ginzburg*
COLDWELL BANKER COMMERCIAL PETER BENNINGER REALTY, BROKERAGE 508 RIVERBEND DRIVE, KITCHENER, ON. Phone: 519‐743‐5211
RETA I L FOR SALE/LEASE 28,100 SF · $1,850,000 · Exclusive · Kitchener Also for Lease $8.75/SF MLS 30504455 · Long standing retail destination in downtown Kitchener for over 80 years! Excellent location for continued retail or conversion for hi‐tech office user. Colin Vogel*
736 SF· $75.00/SF Net· MLS: KW1534274 Waterloo · Indoor mall style on two levels. High pedestrian and traffic location. Good tenant support. Lester Tobin*
5,000 SF·$16.95/SF ·MLS:30504304· Kitchener New Building, High Visibility, Free on‐site parking. John Hoffman*/ Gary Boudreau*
2,550 SF · $12.00/SF · MLS:30502295 Cambridge Retail store front unit with high exposure & high traffic. In downtown Preston. Lester Tobin*
530 SF · $18.00/SF · MLS: 30506783· Kitchener Turn‐key hair/nail salon. High traffic location. Ample on‐site drive‐up parking. Lester Tobin*
1,770 to 5,947 SF · $20.00/SF Net · MLS: 30505595/5597/5598 · Kitchener· New retail plaza on Huron Rd. with high traffic and exposure, ample on‐site drive‐up parking. Lester Tobin*
1,100 SF · $5.50/SF · MLS:30501890· Kitchener High Traffic ‐ High exposure location. On‐site parking available for Tenant. Lester Tobin*
OFF ICE FOR SALE/LEASE
KITCHENER PLAZA RETAIL/OFFICE SPACE FOR LEASE 650 ‐ 2,700 SF · $9.00‐$12.00/SF · MLS: 30500085/899/903· Nicely nished units in busy shopping centre, low common fees, on a public transit route, exis�ng tenants inc. Short Stop, KW Gaming, Curves, Sco�abank & more. James Boudreau**/ Gary Boudreau* 800 SF · $21.00/SF · MLS:30501217 · Waterloo Rare main floor opportunity. High traffic intersection of University & Bridge. Seconds from Hwy 85. Colin Vogel*
839 SF· $12.00/SF ·MLS:KW1537515·Kitchener Finished office, great for medical & service use. Gary Boudreau*/James Boudreau**
1,200 SF · $1,600/Mth · MLS : 30503820 · Kitchener 2nd Floor Unit. Located very close to the New Provin‐cial Courthouse and downtown Kitchener amenities. James Boudreau**/ Gary Boudreau*
4,980 SF · $9.00/SF · MLS:30504057· Kitchener Pres�ge & very visible office building adjacent to Kitchener Farmers Market,1 block from new LRT stop. Total space can be demised to approx. 2,500 SF, 2,000 SF. Underground Parking. James Boudreau**/ Gary Boudreau*
8,991 SF· $12.50/SF ·MLS:30504305·Kitchener New Building, High Visibility, Free on‐site parking. John Hoffman*/ Gary Boudreau*
AAA OFFICE SPACE AVAILABLE · WATERLOO 114,033 SF· $14.50/SF · Exclusive ·Beautifully finished, ample parking, natural light throughout. James Boudreau**
OFF ICE BU I LD ING FOR L EASE & SALE 12,184 SF Divisible · 1,975,000 · $12.95/SF MLS:KW1521512 · Waterloo · Well located office building. Quality finishes throughout. Existing furnishings are included. James Boudreau**
28,100 SF on 3 oors · $1,850,000 · Kitchener · Exclusive · Retail/Office Space. Central to many ini�a�ves and improvements in the downtown core including the city centre condos & minutes from the transit hub. Colin Vogel*/ Peter Benninger**
8,500 SF · Main Floor · 8,500 SF Lower Level $995,000 · Simcoe · MLS:30509700 · Centrally Located in the heart of Norfolk County. Poten�al for ver�cal growth. Colin Vogel*/Peter Benninger**
INVESTMENT FOR SALE
24,860 SF·$3,900,000 · MLS:30504066 Kitchener· Non‐designated heritage building in Downtown core. 3 floors of approx. 8,000 SF each. Many uses, tech to retail. John Hoffman*
RETA I L /OFF I CE INVESTMENT FOR SALE10,704 SF · $2,195,000 · St Jacobs MLS:30508545 · Excellent for Owner/User. Potential for value add. James Boudreau**/Gary Boudreau*
RETA I L OR REDEVELOPMENT S I TE1,586 SF · 0.12 Acres · $925,000 · MLS: 30501737/1745 · Kitchener · Unique High Profile Location. Corner Lot. Located beside farmers market. Lester Tobin*
RETA I L /RES IDENT IAL INVESTMENT7 ,712 SF · $895,000 · Cambridge · MLS: 30506322 Retail/residential or Owner/Userproperty. Main floor 5,642 SF(2 units) Upper floor‐ Three apartments. Lester Tobin*
INDUSTR IAL/WAREHOUSE
FOR LEASE/SALE INDUSTRIAL WAREHOUSE FOR LEASE/SALE13,735 SF · $4.95/SF · $1,050,000 · Cambridge MLS# 30504533/ 30504505 · Freestanding facility Industrial/Warehouse. Centrally located with access off 2 streets.10,400 SF Warehouse, 3,335 SF Office. Lester Tobin*
6,287 SF ·$7.00/SF·MLS:KW1531928·Kitchener Rare to find! 2 drive thru truck bays, one with pit. Tool room attached. Abundant yard space avail. at extra cost. John Hoffman*
9,360 SF· $6.50/SF ·MLS: 30501592· Kitchener 7,699 sf 16 dock shipping area. 1,661 sf office w/drivers area, new doors, bright, well windowed. John Hoffman*
3,450 SF · $11.00/SF Gross · MLS: KW1537169 Kitchener · Clean industrial space, finished offices, ample power. James Boudreau**
21,775 SF· $4.50/SF ·MLS:30505583·Kitchener Excellent manufacturing and/or warehouse facility. Good power, loading and parking. R. Blake Hull*
6,994 SF· $7.00/SF ·MLS: 30506432 · Kitchener Clean space, good mix of office space w/light manufacturing and assembly space. Easy access to expressway. Roman Ginzburg*
COLDWELL BANKER COMMERCIAL PETER BENNINGER REALTY, BROKERAGE 508 RIVERBEND DRIVE, KITCHENER, ON. Phone: 519‐743‐5211
28,100 SF · $1,850,000 · Exclusive · Kitchener · Also for Lease $8.75/SF MLS 30504455 · Long standing retail destination in downtown Kitchener for over 80 years! Excellent location for continued retail or conversion for hi‐tech office user. Colin Vogel* 5,000 SF·$16.95/SF ·MLS:30504304· Kitchener New Building, High Visibility, Free on‐site parking. John Hoffman*/ Gary Boudreau* 2,550 SF · $12.00/SF · Exclusive Cambridge Retail store front unit with high exposure & high traffic. In downtown Preston. Lester Tobin* 1,770 to 5,947 SF · $20.00/SF Net · MLS: 30505595/5597/5598 · Kitchener· New retail plaza on Huron Rd. with high traffic and exposure, ample on‐site drive‐up parking. Lester Tobin* 1,100 SF · $5.50/SF · MLS:30501890· Kitchener High Traffic ‐ High exposure location. On‐site parking available for Tenant. Lester Tobin* 4,800 SF (2 buildings) · 0.9 Ac. · $699,000 MLS: 30508944 · Paris · Located at major Paris intersection, avgerage traffic count 17,500 cars daily. Zoning permits many uses. Bill Halpenny* 28,100 SF on 3 oors · $1,850,000 · Kitchener · Exclusive · Retail/Office Space. Central to many ini�a�ves and improvements in the downtown core including the city centre condos & minutes from the transit hub. Colin Vogel*/ Peter Benninger**
OFF ICE FOR SALE/LEASE
KITCHENER PLAZA RETAIL/OFFICE SPACE 650 ‐ 839 SF · $12.00/SF · MLS: 3050308, KW1537515· Nicely nished units in busy shop‐ping centre, low common fees, on public transit route, exis�ng tenants include Li�le Short Stop, KW Gaming, Curves, Sco�abank & more. James Boudreau**/ Gary Boudreau*
OFF ICE BU I LD ING FOR LEASE & SALE 12,184 SF Divisible · 1,975,000 · $12.95/SF MLS: KW1521512 · Waterloo · Well located office building. Quality finishes throughout. Existing furnishings are included. James Boudreau** 800 SF · $21.00/SF · MLS:30501217 · Waterloo Rare main floor opportunity. High traffic intersection of University & Bridge. Seconds from Hwy 85. Colin Vogel* 839 SF· $12.00/SF ·MLS:KW1537515·Kitchener Finished office, great for medical & service use. Gary Boudreau*/James Boudreau** 1,200 SF · $1,600/Mth · MLS : 30503820 · Kitchener 2nd Floor Unit. Located very close to the New Provincial Courthouse and downtown Kitchener amenities. James Boudreau**/ Gary Boudreau* 4,980 SF · $9.00/SF · MLS:30504057· Kitchener Pres�ge & very visible office building adjacent to Kitchener Farmers Market,1 block from new LRT stop. Total space can be demised to ap‐prox. 2,500 SF, 2,000 SF. Underground Parking. James Boudreau**/ Gary Boudreau* 8,991 SF· $12.50/SF ·MLS:30504305·Kitchener New Building, High Visibility, Free on‐site parking. John Hoffman*/ Gary Boudreau* AAA OFFICE SPACE AVAILABLE · WATERLOO 114,033 SF · $14.50/SF · MLS:30514878 Beautifully finished, ample parking, natural light throughout. James Boudreau** 8,500 SF - Main · 8,500 SF ‐ Lower · $995,000 MLS:30509700 · Simcoe · Centrally Located in the heart of Norfolk County. Poten�al for ver�cal growth. Colin Vogel*/Peter Benninger**
INVESTMENT FOR SALE
RETA I L OR REDEVELOPMENT S I TE 1,586 SF · 0.12 Acres · $899,000 · MLS: 30501737/30501745 · Kitchener Unique High Profile Location. Corner Lot. Located beside farmers market. Lester Tobin*
RETA I L /OFF I CE INVESTMENT FOR SALE10,704 SF · $2,195,000 · MLS:30508545 St Jacobs · Excellent for Owner/User. Potential for value add. James Boudreau**/Gary Boudreau* 24,860 SF · $3,900,000 · MLS: 30504066Kitchener · Non‐designated heritage building in Downtown core. 3 floors of approx. 8,000 SF each. Many uses, tech to retail. John Hoffman* RETA I L /RES IDENT IAL INVESTMENT7 ,712 SF · $895,000 · Cambridge · MLS: 30506322 Retail/Residential or Owner/User property. Main floor 5,642 SF(2 units) Upper floor‐ Three apartments. Lester Tobin*
INDUSTR IAL/WAREHOUSE
FOR LEASE/SALE
10,000‐20,000 SF· $5.41/SF GROSS · KitchenerMLS: 30512810 · Ceiling height 13’ clear . Two 8’ x 8’ loading dock doors, conveyor, elevator, alarm system, surveillance system, sprinklers, washrooms. Lester Tobin* 16,217 SF· $875,000 · MLS: 30511873 New Hamburg · Well located just off hwy 7, well built building on 2 acres of land. Ceilings from 13’ ‐ 18’ clear. John Hoffman* INDUSTRIAL WAREHOUSE FOR LEASE/SALE13,735 SF · $4.95/SF · $999,000 · Cambridge MLS# 30504533/ 30504505 · Freestanding facility Industrial/Warehouse. Centrally located with access off 2 streets.10,400 SF Warehouse, 3,335 SF Office. Lester Tobin* 6,287 SF ·$7.00/SF·MLS:KW1531928·Kitchener Rare to find! 2 drive thru truck bays, one with pit. Tool room attached. Abundant yard space avail. at extra cost. John Hoffman* 9,360 SF· $6.50/SF ·MLS: 30501592· Kitchener 7,699 sf 16 dock shipping area. 1,661 sf office w/drivers area, new doors, bright, well windowed. John Hoffman*
8171433_1716
COLDWELL BANKER COMMERCIAL PETER BENNINGER REALTY, BROKERAGE 508 RIVERBEND DRIVE, KITCHENER, ON. Phone: 519‐743‐5211
For Commercial Real Estate Solutions in Canada's Technology Triangle, contact any one of our sales representatives, or call 519‐743‐5211. SALES REPRESENTATIVES: Gary Boudreau * · ext. 3029 James Boudreau ** · ext. 3020 Selby Colson * · ext. 3100 Mike Flynn * · ext. 3037 Roman Ginzburg* · ext. 3103 John Hoffman * · ext. 3040 Bill Halpenny * · ext. 3120 R. Blake Hull* · ext. 3032 Eric Reiner* · ext. 2099 Lester Tobin* · ext. 3023 Colin Vogel* · ext. 3110 Harmony Voisin · ext. 3117 BROKER OF RECORD: Peter Benninger** · ext. 3000
LAND FOR SALE 6.60 Acres (+/‐) Commercial/Retail· 2.94 Acres (+/‐) Residential · $1,000,000 Per Acre· Exclusive Tremendous Opportunity on major arterial road. Considerable exposure along Ottawa St. Concepts for res portion incl. 140 stacked town homes or a 134 unit retirement homes or a 134 unit retirement facility. Peter Benninger** LAND AND BUILDINGS FOR SALE 3,687 SF · $775,000 · MLS: KW1537347 St Jacobs · Why pay rent? Excellent opportunity for Owner/User. Redevelopment potential. James Boudreau**/ Gary Boudreau* DEVELOPMENT LAND FOR SALE 3 .58 Ac res · $995,000 · Conestogo · Exclusive · Backs onto forested area. Excellent re‐development opportunity. James Boudreau**/ Gary Boudreau*
COMMERCIAL DEVELOPMENT LAND FOR SALE 5,498 SF (approx) · $850,000 · Kitchener EXCLUSIVE · Income potential from buildings. Redevelopment parcel. James Boudreau** LAND&BUI LD INGS ‐ INVESTMENT OFF ICE 12,853SF ·$2,500,000 · Kitchener MLS# 30503036· Multi‐tenant office building. Centrally located. Zoning & property suitable for many uses. James Boudreau**/ Gary Boudreau* HIGH DENSITY MIXED USE DEVELOPMENT 3.25 Acres· $5,850,000 · EXCLUSIVE Kitchener · Frontage on 2 major streets at the gateway to downtown Kitchener. Excellent access to Hwy 401 via Hwy 8 Directly on proposed light rail transit route. Peter Benninger**/Colin Vogel*
8.28 Acres · $1,558,000 · MLS: KW1522201 Cambridge · Fantastic location to build up to 64,207 sq. ft. in 2 buildings. Many uses within M3 zoning including residential. In park setting. John Hoffman*
GREAT RE ‐DEVELOPMENT S I T E 25,182 SF · $2,420,000 · MLS: KW1417598 Brockville · Some medical onsite. Walking distance from Hospital. Some new leases pending. John Hoffman*/Gary Boudreau* 66.58 Ac. · $2,200,000 EXCLUSIVE· Cambridge Under consideration to change OP designation to industrial. Peter Benninger** Approx.217 Acres · $4,340,000 · EXCLUSIVE Waterloo Region · Currently Being Farmed. Call for info pkg! Peter Benninger**/Colin Vogel* 2.8 Ac.Land · $4,000/month · MLS: KW 1514567 · Fully fenced with one gate, graveled and compacted. Bleams Road coming through in the Spring of 2015! John Hoffman* 1.03 Acres · $1,995,000 · MLS: 30502898 1 Acre of Urban Development Land. Wide range of uses permitted. James Boudreau* 10.87 Acres · $3,600,000 · EXCLUSIVE · Brantford · High traffic, high visibility. Part of intensification corridor being studied by the city. Peter Benninger** 0.35 Acres · $1,425,000 · Exclusive · Kitchener Development opportunity in the heart of downtown Kitchener. Capitalize on current DC exemptions. Peter Benninger**/ Colin Vogel*
BUS INESS FOR SALE
MECHANIC SHOP AND LOT 1,440 SF· $559,000·MLS: KW1535223 Kitchener · Established mechanic business on quarter acre site. Ideal for used car sales. R. Blake Hull* 1,800 SF · $195,000 ·MLS:30502387 Waterloo · Well established and highly respected full service fine/casual dining restaurant located in Waterloo’s uptown. Lester Tobin*
MULT I ‐FAMILY FOR SALE
36 Units · $5,500,0000 · MLS: 30505507 Kitchener · Brand New! 100% Leased, 100% Income guarantee& bldg warranty. Generously sized units w/premium finishes, stainless steel appliances, in suite laundry, Separate hydro & gas meters. Located steps away from shopping & expwy On major transit route. Eric Reiner* 9 Units · $895,000· MLS:30501031 · KitchenerIncome property in desirable downtown location. Close to farmer's market, city hall, new courthouse, etc. Upgraded oversized units featuring newer kitchens, baths, stainless steel appliances Large lot with excess land. CR1 zoning provides future development potential (approx. 0.40 Acres). Mike Flynn*
COLDWELL BANKER COMMERCIAL PETER BENNINGER REALTY, BROKERAGE 508 RIVERBEND DRIVE, KITCHENER, ON. Phone: 519‐743‐5211
For Commercial Real Estate Solutions in Canada's Technology Triangle, contact any one of our sales representatives, or call 519‐743‐5211. SALES REPRESENTATIVES: Gary Boudreau * · ext. 3029 James Boudreau ** · ext. 3020 Selby Colson * · ext. 3100 Mike Flynn * · ext. 3037 Roman Ginzburg* · ext. 3103 John Hoffman * · ext. 3040 Bill Halpenny * · ext. 3120 R. Blake Hull* · ext. 3032 Eric Reiner* · ext. 2099 Lester Tobin* · ext. 3023 Colin Vogel* · ext. 3110 Harmony Voisin · ext. 3117 BROKER OF RECORD: Peter Benninger** · ext. 3000
LAND FOR SALE 6.60 Acres (+/‐) Commercial/Retail· 2.94 Acres (+/‐) Residential · $1,000,000 Per Acre· Exclusive Tremendous Opportunity on major arterial road. Considerable exposure along Ottawa St. Concepts for res portion incl. 140 stacked town homes or a 134 unit retirement homes or a 134 unit retirement facility. Peter Benninger** LAND AND BUILDINGS FOR SALE 3,687 SF · $775,000 · MLS: KW1537347 St Jacobs · Why pay rent? Excellent opportunity for Owner/User. Redevelopment potential. James Boudreau**/ Gary Boudreau* DEVELOPMENT LAND FOR SALE 3 .58 Ac res · $995,000 · Conestogo · Exclusive · Backs onto forested area. Excellent re‐development opportunity. James Boudreau**/ Gary Boudreau*
COMMERCIAL DEVELOPMENT LAND FOR SALE 5,498 SF (approx) · $850,000 · Kitchener EXCLUSIVE · Income potential from buildings. Redevelopment parcel. James Boudreau** LAND&BUI LD INGS ‐ INVESTMENT OFF ICE 12,853SF ·$2,500,000 · Kitchener MLS# 30503036· Multi‐tenant office building. Centrally located. Zoning & property suitable for many uses. James Boudreau**/ Gary Boudreau* HIGH DENSITY MIXED USE DEVELOPMENT 3.25 Acres· $5,850,000 · EXCLUSIVE Kitchener · Frontage on 2 major streets at the gateway to downtown Kitchener. Excellent access to Hwy 401 via Hwy 8 Directly on proposed light rail transit route. Peter Benninger**/Colin Vogel*
8.28 Acres · $1,558,000 · MLS: KW1522201 Cambridge · Fantastic location to build up to 64,207 sq. ft. in 2 buildings. Many uses within M3 zoning including residential. In park setting. John Hoffman*
GREAT RE ‐DEVELOPMENT S I T E 25,182 SF · $2,420,000 · MLS: KW1417598 Brockville · Some medical onsite. Walking distance from Hospital. Some new leases pending. John Hoffman*/Gary Boudreau* 66.58 Ac. · $2,200,000 EXCLUSIVE· Cambridge Under consideration to change OP designation to industrial. Peter Benninger** Approx.217 Acres · $4,340,000 · EXCLUSIVE Waterloo Region · Currently Being Farmed. Call for info pkg! Peter Benninger**/Colin Vogel* 2.8 Ac.Land · $4,000/month · MLS: KW 1514567 · Fully fenced with one gate, graveled and compacted. Bleams Road coming through in the Spring of 2015! John Hoffman* 1.03 Acres · $1,995,000 · MLS: 30502898 1 Acre of Urban Development Land. Wide range of uses permitted. James Boudreau* 10.87 Acres · $3,600,000 · EXCLUSIVE · Brantford · High traffic, high visibility. Part of intensification corridor being studied by the city. Peter Benninger** 0.35 Acres · $1,425,000 · Exclusive · Kitchener Development opportunity in the heart of downtown Kitchener. Capitalize on current DC exemptions. Peter Benninger**/ Colin Vogel*
BUS INESS FOR SALE
MECHANIC SHOP AND LOT 1,440 SF· $559,000·MLS: KW1535223 Kitchener · Established mechanic business on quarter acre site. Ideal for used car sales. R. Blake Hull* 1,800 SF · $195,000 ·MLS:30502387 Waterloo · Well established and highly respected full service fine/casual dining restaurant located in Waterloo’s uptown. Lester Tobin*
MULT I ‐FAMILY FOR SALE
36 Units · $5,500,0000 · MLS: 30505507 Kitchener · Brand New! 100% Leased, 100% Income guarantee& bldg warranty. Generously sized units w/premium finishes, stainless steel appliances, in suite laundry, Separate hydro & gas meters. Located steps away from shopping & expwy On major transit route. Eric Reiner* 9 Units · $895,000· MLS:30501031 · KitchenerIncome property in desirable downtown location. Close to farmer's market, city hall, new courthouse, etc. Upgraded oversized units featuring newer kitchens, baths, stainless steel appliances Large lot with excess land. CR1 zoning provides future development potential (approx. 0.40 Acres). Mike Flynn*
COLDWELL BANKER COMMERCIAL PETER BENNINGER REALTY, BROKERAGE 508 RIVERBEND DRIVE, KITCHENER, ON. Phone: 519‐743‐5211
For Commercial Real Estate Solutions in Canada's Technology Triangle, contact any one of our sales representatives, or call 519‐743‐5211.
SALES REPRESENTATIVES:
Peter Benninger** · ext. 3000Gary Boudreau * · ext. 3029
James Boudreau ** · ext. 3020
Selby Colson * · ext. 3100
Mike Flynn * · ext. 3037
Roman Ginzburg* · ext. 3103
John Hoffman * · ext. 3040 Bill Halpenny * · ext. 3120
R. Blake Hull* · ext. 3032
Eric Reiner* · ext. 2099
Lester Tobin* · ext. 3023
Colin Vogel* · ext. 3110
Harmony Voisin* · ext. 3117
3,450 SF · $11.00/SF Gross · MLS: KW1537169 Kitchener · Clean industrial space, finished offices, ample power. James Boudreau** 21,775 SF · $4.50/SF · MLS: 30505583 Kitchener · Excellent manufacturing and/or warehouse facility. Good power, loading and parking. R. Blake Hull*
6,994 SF·$7.00/SF ·MLS: 30506432 · Kitchener Clean space, good mix of office space w/light manufacturing and assembly space. Easy access to expressway. Roman Ginzburg*
LAND FOR SALE
20,000 SF, 5.41 Acres · $2,200,000 MLS :30511105 · St Thomas · Residential Re‐Development Site. Former school surrounded by existing single family homes. Property subject to re‐zoning for 30 single lots & one 6 unit townhome lot Lester Tobin* 6.60 Acres (+/‐) Commercial/Retail· 2.94 Acres (+/‐) Residential · $1,000,000 Per Acre· Exclusive Tremendous Opportunity on major arterial road. Considerable exposure along Ot‐tawa St. Concepts for res portion incl. 140 stacked town homes or a 134 unit retirement homes or a 134 unit retirement facility. Peter Benninger** LAND AND BUILDINGS FOR SALE 3,687 SF · $775,000 · MLS: KW1537347 St Jacobs · Why pay rent? Excellent opportunity for Owner/User. Redevelopment potential. James Boudreau**/ Gary Boudreau* DEVELOPMENT LAND FOR SALE 3 .58 Ac res · $995,000 · Conestogo · Exclusive · Backs onto forested area. Excellent re‐development opportunity. James Boudreau**/ Gary Boudreau* Approx. 217 Acres · EXCLUSIVE · Waterloo Region· Currently Being Farmed. Call for info pkg! Peter Benninger**/Colin Vogel*
HIGH DENSITY MIXED USE DEVELOPMENT 3.25 Acres· $5,850,000 · EXCLUSIVE Kitchener · Frontage on 2 major streets at the gateway to downtown Kitchener. Excellent access to Hwy 401 via Hwy 8 Directly on proposed light rail transit route. Peter Benninger**/Colin Vogel* 4,800 SF (2 bldgs.) · 0.9 Ac. $699,000 · MLS: 30508944 · Paris · Located at major intersection, avg. traffic count 17,500 cars daily. Zoning permits many uses. Bill Halpenny* COMMERCIAL DEVELOPMENT LAND 5,498 SF (approx) · $850,000 · Kitchener EXCLUSIVE · Income potential from buildings. Redevelopment parcel. James Boudreau** LAND&BUI LD INGS ‐ INVESTMENT OFF ICE 12,853SF · $2,100,000 · Kitchener · MLS# 30503036 Multi‐tenant office building. Centrally located. Zoning & property suitable for many uses. James Boudreau**/ Gary Boudreau* 8.28 Acres · $1,558,000 · MLS: KW1522201 Cambridge · Fantastic location to build up to 64,207 sq. ft. in 2 buildings. Many uses within M3 zoning including residential. In park setting. John Hoffman* GREAT RE ‐DEVELOPMENT S I TE 25,182 SF · $2,420,000 · MLS: KW1417598 Brockville · Some medical onsite. Walking distance from Hospital. Some new leases pending. John Hoffman*/Gary Boudreau* 66.58 Ac. · $2,200,000 EXCLUSIVE · Cambridge · Under consideration to change OP designation to industrial. Peter Benninger** 1.03 Acres · $1,995,000 · MLS: 30502898 Kitchener · 1 Acre of Urban Development Land. Wide range of uses permitted. James Boudreau* 10.87 Acres · $3,600,000 · EXCLUSIVE · Brantford · High traffic, high visibility. Part of intensification corridor being studied by the city. Peter Benninger**
BUS INESS FOR SALE
1,800 SF · $149,000 · MLS:30502387 Waterloo · Well established and highly respected full service fine/casual dining restaurant located in Waterloo’s uptown. Lester Tobin*
CAR WASH BUSINESS FOR SALE · EXCLUSIVE Brantford · Full service, fully automated car wash in major traffic area. Lester Tobin*
MULT I ‐FAMILY FOR SALE
36 Units · $5,500,0000 · MLS: 30505507 Kitchener · Brand New! 100% Leased, 100% Income guarantee& bldg warranty. Generously sized units w/premium finishes, stainless steel appliances, in suite laundry, Separate hydro & gas meters. Located steps away from shopping & expwy On major transit route. Eric Reiner*
COM_1716.indd 9 2016-04-22 4:25 PM
Kitchener/Waterloo
Guelph & Cam
bridge
Commercial Real Estate & Business Opportunities
Please say you saw it in The Commercial Investor
10 Volume 16 Issue 04
Kitchener/Waterloo
Guelph & Cam
bridge
• High profile investment property with successful long term tenant in place• Oversized parking lot• Site could accommodate a much larger building if re-developed• 5,358 sq ft• $1,500,000
1716
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
• Established 6 bay car wash• Price includes land, building and equipment• 3,540 sq ft on 0.54 acres• $1,549,000
93 LODGE STREET, WATERLOO
EXCLUSIVE
SALE
0916_DJW_0052
• Frestanding building with National Tenant• Located on major corridor near both Universities• 10,900 sq ft on 0.69 acres• $2,999,000
405 KING STREET NORTH, WATERLOO SALE
0916_DJW_2_0036
• 3.49 acre high profile corner property• Official Plan allows mixed use• Retail/commercial, office & residential• $3,600,000
1250 FISCHER HALLMAN ROAD, KITCHENER
MLSMLS
MLS MLS
SALE
0916_DJW_1_0042
• Prime investment/re-development opportunity• Easy access to Conestoga Expressway• 59,000 sq ft on 5.83 acres• $7,800,000
341 MARSLAND DRIVE, WATERLOO
MLS
• Prime development site in Kitchener with 220' frontage• 3.4 acres • $2,250,000
138 BLEAMS ROAD, KITCHENER
$2,25
0,000
0916_DJW_0051
SALE
SALE
0916_DJW_4_0021
• 72.9 acres• 44.65 acres developable• Strategically located on the new Hwy 7 realignment• $9,900,000
300 BRIDGE ST EAST, KITCHENER KITCHENER/WATERLOOCARWASH / BOXWASH
Sales $415,000 (2015)Growing
Asking $3,250,000
PRINCIPALS ONLY
MLS
SALE
Exclusive
1716
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
• Prime residential development site• 1.23 acres with 181.28 ft frontage• Premilinary site plan approval in place for• 32 unit apartment building or stacked townhouses• $1,195,000
54 BRIDGE ST WEST, KITCHENER
MLS
SALE
1716_DJW_0040
• Freestanding building fronting high traffic exposure• Ideal for owner/user or lease to office, retail or
food service• 6500 sq ft• $999,000
802 EXETER ROAD, LONDON
MLS
SALE
1716_DJW_1_0024
• Restaurant for sale• Approximately 110 seats• Located at busy Flying Jay truck stop plaza at
Hwy #97 & #401• $359,000
2492 CEDAR CREEK ROAD, AYR
MLS
LEASE
1716_DJW_1_0039
• Newly renovated breakfast & lunch restaurant• Excellent high traffic location on a pad site with
ample parking• Would be an excellent business for owner opera-
tor, with huge potential• $249,000
584 ONTARIO STREET, STRATFORD
MLS
LEASE
1716_DJW_1_0051
• Prime Uptown Waterloo office space located across from "The Shops of Waterloo Town Square"
• Entire second floor with private entrance• 3,600 sq ft• $10.00/sq ft Net
120-122 KING STREET NORTH, WATERLOO
EXCLUSIVE
• Great opportunity to own a pub, billiards & banquet facility
• Long term lease in place• Very profitable business• $695,000
PROFITABLE BUSINESS IN KITCHENER
MLS1716_DJW_1_0076
SALE
LEASE
1716_DJW_1_0063
• Second floor space with private entrance• Excellent location across from "The Shops of
Waterloo Town Square"• On GRT route and minutes from Hwy 85• 1,016 sq ft (approximately)• $10.00/sq ft Net
92 KING STREET SOUTH, WATERLOO
MLS
LEASE
1716_DJW_1_0078
• Retail units in busy plaza• High traffic corner with great street exposure• Units of 1,198 and 1,641 sq ft• $24.00 - 26.00/sq ft Net
324 HIGHLAND ROAD WEST, KITCHENER
MLS
LEASE
1716_DJW_2_0022
• Office Space in quaint medical building in Belmont Village
• Main floor space• 1,200 sq ft• $2,068/month Net
535 BELMONT AVENUE WEST, KITCHENER
MLS
COM_1716.indd 10 2016-04-22 4:25 PM
Kitc
hene
r/Wat
erlo
o Gu
elph
& C
ambr
idge
Volume 16 Issue 04 Commercial Real Estate & Business Opportunities
Please say you saw it in The Commercial Investor
11
Kitc
hene
r/Wat
erlo
o Gu
elph
& C
ambr
idge
• High profile investment property with successful long term tenant in place• Oversized parking lot• Site could accommodate a much larger building if re-developed• 5,358 sq ft• $1,500,000
1716
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
• Established 6 bay car wash• Price includes land, building and equipment• 3,540 sq ft on 0.54 acres• $1,549,000
93 LODGE STREET, WATERLOO
EXCLUSIVE
SALE
0916_DJW_0052
• Frestanding building with National Tenant• Located on major corridor near both Universities• 10,900 sq ft on 0.69 acres• $2,999,000
405 KING STREET NORTH, WATERLOO SALE
0916_DJW_2_0036
• 3.49 acre high profile corner property• Official Plan allows mixed use• Retail/commercial, office & residential• $3,600,000
1250 FISCHER HALLMAN ROAD, KITCHENER
MLSMLS
MLS MLS
SALE
0916_DJW_1_0042
• Prime investment/re-development opportunity• Easy access to Conestoga Expressway• 59,000 sq ft on 5.83 acres• $7,800,000
341 MARSLAND DRIVE, WATERLOO
MLS
• Prime development site in Kitchener with 220' frontage• 3.4 acres • $2,250,000
138 BLEAMS ROAD, KITCHENER
$2,25
0,000
0916_DJW_0051
SALE
SALE
0916_DJW_4_0021
• 72.9 acres• 44.65 acres developable• Strategically located on the new Hwy 7 realignment• $9,900,000
300 BRIDGE ST EAST, KITCHENER KITCHENER/WATERLOOCARWASH / BOXWASH
Sales $415,000 (2015)Growing
Asking $3,250,000
PRINCIPALS ONLY
MLS
SALE
Exclusive
1716
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
• Prime residential development site• 1.23 acres with 181.28 ft frontage• Premilinary site plan approval in place for• 32 unit apartment building or stacked townhouses• $1,195,000
54 BRIDGE ST WEST, KITCHENER
MLS
SALE
1716_DJW_0040
• Freestanding building fronting high traffic exposure• Ideal for owner/user or lease to office, retail or
food service• 6500 sq ft• $999,000
802 EXETER ROAD, LONDON
MLS
SALE
1716_DJW_1_0024
• Restaurant for sale• Approximately 110 seats• Located at busy Flying Jay truck stop plaza at
Hwy #97 & #401• $359,000
2492 CEDAR CREEK ROAD, AYR
MLS
LEASE
1716_DJW_1_0039
• Newly renovated breakfast & lunch restaurant• Excellent high traffic location on a pad site with
ample parking• Would be an excellent business for owner opera-
tor, with huge potential• $249,000
584 ONTARIO STREET, STRATFORD
MLS
LEASE
1716_DJW_1_0051
• Prime Uptown Waterloo office space located across from "The Shops of Waterloo Town Square"
• Entire second floor with private entrance• 3,600 sq ft• $10.00/sq ft Net
120-122 KING STREET NORTH, WATERLOO
EXCLUSIVE
• Great opportunity to own a pub, billiards & banquet facility
• Long term lease in place• Very profitable business• $695,000
PROFITABLE BUSINESS IN KITCHENER
MLS1716_DJW_1_0076
SALE
LEASE
1716_DJW_1_0063
• Second floor space with private entrance• Excellent location across from "The Shops of
Waterloo Town Square"• On GRT route and minutes from Hwy 85• 1,016 sq ft (approximately)• $10.00/sq ft Net
92 KING STREET SOUTH, WATERLOO
MLS
LEASE
1716_DJW_1_0078
• Retail units in busy plaza• High traffic corner with great street exposure• Units of 1,198 and 1,641 sq ft• $24.00 - 26.00/sq ft Net
324 HIGHLAND ROAD WEST, KITCHENER
MLS
LEASE
1716_DJW_2_0022
• Office Space in quaint medical building in Belmont Village
• Main floor space• 1,200 sq ft• $2,068/month Net
535 BELMONT AVENUE WEST, KITCHENER
MLS
COM_1716.indd 11 2016-04-22 4:25 PM
SOUTHWESTERNONTARIOSECTIONCOVERING:Brantford Chatham Grey & Bruce Counties
2.2M Litres. Store $800K and 2 rentals. Asking $1.2M
4 units. Variety store included. Asking $700K
18. Gross $650K Asking $1.5M
27. Gross $1.2M Asking $2.2M
18. 240 Lots. 37 Shovel ready. $1.9M
Grossing $2.5M Asking $7.5M
40 Rooms. Gross $600K Asking $2.2M
50 rooms. Asking $1.7M
40 - 165 Doors. $439K to $1.1M
Gas and Repairs
Plaza
3 Campgrounds
Gas Station
Esso Gas Plaza
Plaza
Golf Course
Golf course
Golf plus Subdivision
Hotel
Motel
Retirement Home
Storage
11253208_1716
1130
7518
_171
6www.cbre.caThis 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. Mapping Sources: Canadian Mapping Services [email protected]; DMTI Spatial, Environics Analytics, Microsoft Bing, Google Earth
26 acres of scenic property overlooking the Thames River located in Beachville! 5 minutes to the 401 Hwy! 20 minutes from Woodstock! 30 minutes to London! Zoned for development, proposed site plan to be updated.
GREY BRUCE REALTY INC., BROKERAGELocally Owned and Independently Operated
1127
7266
_171
6
11307494_1716
COM_1716.indd 14 2016-04-22 4:25 PM
Sout
hwes
t Ont
ario
Commercial Real Estate & Business Opportunities
Please say you saw it in The Commercial Investor
15
Sout
hwes
t Ont
ario
Volume 16 Issue 04
1130
7519
_171
6www.cbre.caThis 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. Mapping Sources: Canadian Mapping Services [email protected]; DMTI Spatial, Environics Analytics, Microsoft Bing, Google Earth
2,000 square foot retail space with great window display and rear loading area. Two residential units upstairs for extra income. Good investment opportunity.
1316_DJW_6010
EXCELLENT OPPORTUNITY
$119,900
Operate your own business and live on site. Approximately 1800 square feet of retail space and a modern 1100 square foot apartment has open concept living and rear access. Chesley's downtown core.
1316_DJW_6011
EIGHT UNIT INVESTMENT
$144,900
2 commercial units and 6 residential. Great location with parking. Building is in good condition.
1316_DJW_0012
AUTOMOTIVE SHOP
$365,900
Successful business on the edge of Chesley. Includes all equipment, inventory and client list. An opportunity for owner consultant and employment of existing mechanic.
Former brown fi elds of the Norfolk Co-op, lands have been remidiated and documents will be available at the listing brokers. This property fronts on 4 streets and has been rezoned to R-4 and would allow for townhouses and or condos with up to 45 to 46 units, no draft plan has been completed as yet. Subject to a severance to allow for a clinic on the south end of the property which is available on a separate listing. Buyer must do their due diligence with regard to water and sewer availability. The Brown Field designation will be except from lot levies which will be a great benefi t to a developer.
1716_DJW_0075
LAND FOR SALE IN THE TOWN OF SIMCOE
$895,000
Located near Hwy 59 and Hwy 3. GREAT SERVICE SHOP FOR TRUCK REPAIR BUSINESS, 3 large bay doors for entry to shop 16 Ft x 14 FT area with in-fl oor heating. A/C for summer. Offi ce and lunchroom just off of main work area. Ample parking for large trucks. 65 foot service pit with oil and lubricant and oil. ZONING IS MG AND HAS VARIED USES. Offi ce 26x12.5, lunchroom 11x10, stock room 24x10.
1716_DJW_0076
INDUSTRIAL IN THE TOWN OF DELHI
$479,000
Commercial Building in down town Waterford, with many recent improvements and upgrades. Currently has 2 anchor tenants and a Cardio clinic/exercise fi tness center owned and operated by the Building's owner. Building has a large, well lit parking area. Zoning has multiple uses and applications, with details available at the listing Broker's offi ce. The cardio fi tness is active and growing. This property is immediately across the street of the local LCBO/Beer store.
1716_DJW_0077
RETAIL IN THE TOWN OF WATERFORD
$389,900
103 QUEENSWAY EAST, SIMCOE, N3Y 4M5
Eavan Travers, CCIM*
*Sales Representative
ADVANTAGE REALTY LTD., BROKERAGE**
Each Office Independently Owned & Operated**10116903_1716
Near London Burger Place $99,000Cafes, Restaurants, Pubs, Big or small. We sell them all.
PUB/RESTAURANTLONDON LOCATION $229,000
Great business, low rent, long term lease, owner anxious
SUBS, WRAPS & PITAS $59,900Monday to Friday 9 am to 4 pm
Office building location, easy operation, great lease.
RING-A-WINGFRANCHISE LONDON
$140,000
1130
5025
_171
6
COMMERCIAL - WOODSTOCK - $795,000
1316_DJW_2_0081
Approximately 44,000 sq. ft. of land next to Walmart and Home Depot in Woodstock's prominent commercial node. The building is about 8,500 sq. ft. on main level with about 2,000 sq. ft. on second floor. Over 80 paved parking spots. Great exposure, location and investment.
www.royal lepagecommercial .com *Independently Owned and Operated
George Gicopoulos Sales Representative
Royal LePage Triland Realty, Brokerage*
CAREFREE INVESTMENT PORT ELGIN
1316_DJW_2_0101
Great property next to Walmart in Port Elgin. Near the Bruce Nuclear Power plant. Two free standing buildings with national tenants, on 5 and 10 year corporate leases. Buildings less than ten years old on a property of 1 1/3 acres with 185 ft frontage on Hwy #21. 6% Cap Rate. $149,000 net/annually.
1316_DJW_2_0102
RETAIL/RESIDENTIAL PROPERTY - $625,000
1316_DJW_1_0053
Coffee Shoppe Tenant on main floor, on a 3 year lease with 2 renewal options. Five (5) residential apart-ments with Tenants paying their own heat & hydro. Building in great condition with recent renovations and building improve-ments. Great return on investment.
STEAK HOUSE IN SARNIA/POINT EDWARD
1316_DJW_3_0062
Over 80 parking spots, free standing 6,700 sq ft building, corner location, great condi-tion. Sales between $800,000 and 1 mil-lion yearly. Property and business; busi-ness only; or lease wit option to buy. Make your reasonable offer and you can have a great deal. This could be your lucky day if you don't delay.
BUSINESS & PROPERTY - $625,000
1316_DJW_3_0051
Great summer business in the best part of Long Point. Under 5 months of operations an makes enough revenue for the owner to take the rest of the year off. Easy operation; Ice cream, fries, arcase, Conve-nience, ATM, movies, ice. 10:00 A.M to 10:00 P.M. May till middle off Septemenber and could be extended for great sales & profits. Onsite parking plus municipal free parking at the front.
LONDON INVESTMENT
1316_DJW_1_1666
Great property with three strong tenants on over 2 acres of land. In London's most active north/east Commercial/Residential area. Good return on Invest-ment with extra land for additional development. 225 ft. frontage on Highbury Ave. N. Call for details.
COM_1716.indd 16 2016-04-22 4:25 PM
Sout
hwes
t Ont
ario
Commercial Real Estate & Business Opportunities
Please say you saw it in The Commercial Investor
17
Sout
hwes
t Ont
ario
Volume 16 Issue 04
Near London Burger Place $99,000Cafes, Restaurants, Pubs, Big or small. We sell them all.
PUB/RESTAURANTLONDON LOCATION $229,000
Great business, low rent, long term lease, owner anxious
SUBS, WRAPS & PITAS $59,900Monday to Friday 9 am to 4 pm
Office building location, easy operation, great lease.
RING-A-WINGFRANCHISE LONDON
$140,000
1130
5025
_171
6
COMMERCIAL - WOODSTOCK - $795,000
1316_DJW_2_0081
Approximately 44,000 sq. ft. of land next to Walmart and Home Depot in Woodstock's prominent commercial node. The building is about 8,500 sq. ft. on main level with about 2,000 sq. ft. on second floor. Over 80 paved parking spots. Great exposure, location and investment.
www.royal lepagecommercial .com *Independently Owned and Operated
George Gicopoulos Sales Representative
Royal LePage Triland Realty, Brokerage*
CAREFREE INVESTMENT PORT ELGIN
1316_DJW_2_0101
Great property next to Walmart in Port Elgin. Near the Bruce Nuclear Power plant. Two free standing buildings with national tenants, on 5 and 10 year corporate leases. Buildings less than ten years old on a property of 1 1/3 acres with 185 ft frontage on Hwy #21. 6% Cap Rate. $149,000 net/annually.
1316_DJW_2_0102
RETAIL/RESIDENTIAL PROPERTY - $625,000
1316_DJW_1_0053
Coffee Shoppe Tenant on main floor, on a 3 year lease with 2 renewal options. Five (5) residential apart-ments with Tenants paying their own heat & hydro. Building in great condition with recent renovations and building improve-ments. Great return on investment.
STEAK HOUSE IN SARNIA/POINT EDWARD
1316_DJW_3_0062
Over 80 parking spots, free standing 6,700 sq ft building, corner location, great condi-tion. Sales between $800,000 and 1 mil-lion yearly. Property and business; busi-ness only; or lease wit option to buy. Make your reasonable offer and you can have a great deal. This could be your lucky day if you don't delay.
BUSINESS & PROPERTY - $625,000
1316_DJW_3_0051
Great summer business in the best part of Long Point. Under 5 months of operations an makes enough revenue for the owner to take the rest of the year off. Easy operation; Ice cream, fries, arcase, Conve-nience, ATM, movies, ice. 10:00 A.M to 10:00 P.M. May till middle off Septemenber and could be extended for great sales & profits. Onsite parking plus municipal free parking at the front.
LONDON INVESTMENT
1316_DJW_1_1666
Great property with three strong tenants on over 2 acres of land. In London's most active north/east Commercial/Residential area. Good return on Invest-ment with extra land for additional development. 225 ft. frontage on Highbury Ave. N. Call for details.
COM_1716.indd 17 2016-04-22 4:25 PM
8171
399_
1716
RE/MAX Escarpment Realty Inc Brokerage
Valuable 10.06ac comm. prop in E. Hagersville. 60-90 mins S. of Toronto. Incs 3 bldngs - Bldng #1 - 14,000sf w/20 offices, 5 baths, 3 kitch, 3 sep. security zones, incs 4000sf htd warehouse. Bldng #2 - 9400sf, 7 bays, UL offices, rented to quality tenant. Bldng # 3 - 1800sf + 1300sf lean to. Huge pvd lot. Enviro reports avail. Zoned MG.
1716_DJW_1_0036
4011 HWY 6, HAGERSVILLE $1,590,000
Pristine 37.57ac income producing property situated across from Burford's southern urban boundary. Incs century 4 bdrm home (circa 1900), 36x40 insltd stl clad wrkshp, 2007 w/conc. flr + 2 - 12x12 drs, 50x80 free-span I-beam building, rented to feed supply/retail tenant + 35ac vegetable soil. $21,100 annual income. *Zoned "A" 1716_DJW_1_0037
63 8TH CONCESSION, BURFORD $949,000
1716_DJW_2_0012
Rare 4.18ac multi-purp. prop. in Hagersville N. limits - 20/30mns S/Hamilton, 403 frnt 2.15ac incs renoed vintage 1.5 stry home (circa-1900) oozing w/charm. Ftrs orig. hrdwd, nat. stne FP, lrg. fam. rm, poss. in-law, 24x24 garage, 13. rear 2.03 ac, zoned D-Developmental - borders new subdivision. Maj. value in land! Investor Dream Property.
1716_DJW_1_0015
99 MAIN STREET N, HAGERSVILLE $484,900Turnk-key destination restaurant loc. mins S/Simcoe en route to Turnkey & Long Point. Incs apx. 4500sf building sit. on .82 ac lot w/233' road frntge, paved lot 20/30 vehickes, n/g HVAC, new comm. septic '14 well w/UV MAX syst. '15, LCBO licensed - 106(inside)-36(outdoor patio), "Silverware" syst....see att. equipment list. Incs. 1.5 stry dwelling. Asset purchase-No P&L. By apptmnt only!
1716_DJW_1_0052
868 NORFOLK ST S, SIMCOE $349,000Superbly priced comm. prop w/hi visibility in heart of Cayuga's revitalized downtown shopping district. Incs to 2 stry bldng offers 1200 sf retail space + 235 sq ft strg (at rear), 1450 sf 3 bdrm upr lvl resid. unit + full bsmnt. Operating for decades as Variety/Video/Lottery store w/est. clientele.
1716_DJW_2_0011
17 CAYUGA ST N - CAYUGA - $179,900
Rare 2.86 ac Industrial Lot in Nanticoke Ind. Park.Incs 283' Field Rd frontage-wtr/swr/hyd. at/near lot line-n/gas at adjcnt lot. MH-2 zoning may allow for small fabricator/machine shop/truck depot.Buyer/Buyer's Solicitor to verify prmttd uses/zoning,attaining of bldng permits,cost of levies/dev.charges/HST.
1716_DJW_3_0021
LOT ON FIELD ROAD - NANTICOKE $239,900Est. profitable fast food restaurant business loc.in Jarvis's prime mn crnr. Boasts ex-visual exposure+hi-traffic/pedestrian volume. Incs attractve det. bldng w/lrg paved pkng/multiple entries. Offers 724sf retail area, 266sf fully equipped comm. kitch, ofc+strg space. Contact LS re:lease terms-P&L/serious inquiries only!
1716_DJW_1_0001
2007 MAIN STREET, JARVIS $125,000Affordable Dunnville investment property in hi-visual/vibrant downtown area. Incs 2 upper level residential units + main level commercial unit, fully tenanted w/sep. hydro/gas/water/sewer meters. Annual income. Approx. $16,800 Gross/$13,500 Net, 8% Cap Rate.
1716_DJW_0021
145-147 LOCK STREET E, DUNNVILLE - $159,900
Squeaky clean turn-key 1930 inspired General Store in quaint W. Lincoln hamlet - 20 min/QEW. Incs 2190sf Store/Restaurant w/licensed patio + 1530sf 2 bdrm, 2 bath res. unit. Ftrs 2 ng furnaces, 2 c/a's, steel rf + equip (see sch). Local icon known for fantastic ice cream + home cooked meals. No P&L avail.
Valuable 10.06ac comm. prop in E. Hagersville. 60-90 mins S. of Toronto. Incs 3 bldngs - Bldng #1 - 14,000sf w/20 offices, 5 baths, 3 kitch, 3 sep. security zones, incs 4000sf htd warehouse. Bldng #2 - 9400sf, 7 bays, UL offices, rented to quality tenant. Bldng # 3 - 1800sf + 1300sf lean to. Huge pvd lot. Enviro reports avail. Zoned MG.
1716_DJW_1_0036
4011 HWY 6, HAGERSVILLE $1,590,000
Pristine 37.57ac income producing property situated across from Burford's southern urban boundary. Incs century 4 bdrm home (circa 1900), 36x40 insltd stl clad wrkshp, 2007 w/conc. flr + 2 - 12x12 drs, 50x80 free-span I-beam building, rented to feed supply/retail tenant + 35ac vegetable soil. $21,100 annual income. *Zoned "A" 1716_DJW_1_0037
63 8TH CONCESSION, BURFORD $949,000
1716_DJW_2_0012
Rare 4.18ac multi-purp. prop. in Hagersville N. limits - 20/30mns S/Hamilton, 403 frnt 2.15ac incs renoed vintage 1.5 stry home (circa-1900) oozing w/charm. Ftrs orig. hrdwd, nat. stne FP, lrg. fam. rm, poss. in-law, 24x24 garage, 13. rear 2.03 ac, zoned D-Developmental - borders new subdivision. Maj. value in land! Investor Dream Property.
1716_DJW_1_0015
99 MAIN STREET N, HAGERSVILLE $484,900Turnk-key destination restaurant loc. mins S/Simcoe en route to Turnkey & Long Point. Incs apx. 4500sf building sit. on .82 ac lot w/233' road frntge, paved lot 20/30 vehickes, n/g HVAC, new comm. septic '14 well w/UV MAX syst. '15, LCBO licensed - 106(inside)-36(outdoor patio), "Silverware" syst....see att. equipment list. Incs. 1.5 stry dwelling. Asset purchase-No P&L. By apptmnt only!
1716_DJW_1_0052
868 NORFOLK ST S, SIMCOE $349,000Superbly priced comm. prop w/hi visibility in heart of Cayuga's revitalized downtown shopping district. Incs to 2 stry bldng offers 1200 sf retail space + 235 sq ft strg (at rear), 1450 sf 3 bdrm upr lvl resid. unit + full bsmnt. Operating for decades as Variety/Video/Lottery store w/est. clientele.
1716_DJW_2_0011
17 CAYUGA ST N - CAYUGA - $179,900
Rare 2.86 ac Industrial Lot in Nanticoke Ind. Park.Incs 283' Field Rd frontage-wtr/swr/hyd. at/near lot line-n/gas at adjcnt lot. MH-2 zoning may allow for small fabricator/machine shop/truck depot.Buyer/Buyer's Solicitor to verify prmttd uses/zoning,attaining of bldng permits,cost of levies/dev.charges/HST.
1716_DJW_3_0021
LOT ON FIELD ROAD - NANTICOKE $239,900Est. profitable fast food restaurant business loc.in Jarvis's prime mn crnr. Boasts ex-visual exposure+hi-traffic/pedestrian volume. Incs attractve det. bldng w/lrg paved pkng/multiple entries. Offers 724sf retail area, 266sf fully equipped comm. kitch, ofc+strg space. Contact LS re:lease terms-P&L/serious inquiries only!
1716_DJW_1_0001
2007 MAIN STREET, JARVIS $125,000Affordable Dunnville investment property in hi-visual/vibrant downtown area. Incs 2 upper level residential units + main level commercial unit, fully tenanted w/sep. hydro/gas/water/sewer meters. Annual income. Approx. $16,800 Gross/$13,500 Net, 8% Cap Rate.
1716_DJW_0021
145-147 LOCK STREET E, DUNNVILLE - $159,900
Squeaky clean turn-key 1930 inspired General Store in quaint W. Lincoln hamlet - 20 min/QEW. Incs 2190sf Store/Restaurant w/licensed patio + 1530sf 2 bdrm, 2 bath res. unit. Ftrs 2 ng furnaces, 2 c/a's, steel rf + equip (see sch). Local icon known for fantastic ice cream + home cooked meals. No P&L avail.
905.574.6400 Office I have qualifi ed buyers for up to $5m in commercial and investment buyers.
Call for details.
I HAVE QUALIFIED BUYERS FOR YOUR BUSINESS. CALL FOR INFORMATION.
Newly constructed commercial unit, 1100 sq. ft. with high basement (extra sq. ft.). Good for retail, offi ce or commercial uses. Close to hwy, shopping, parks and on bus route.
FOR LEASE STONEY CREEK - $2,200.00 P/M
1716_DJW_2_0020
Location Location Location. Just off of Guelph Line on QEW. Hair Salon business for sale (established as a barber shop). Newly renovated and upgraded. Good opportunity for hands-on owner.
BURLINGTON - $19,900
1716_DJW_6_0021
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.
HAMILTON - $249,900
1716_DJW_6622
Long established. 30 years in business. Great location. No other competition in the area. Doing approx. $35,000 in monthly sales. Call for more information.
1716_DJW_3_0016
Located in highly growing neighbourhood on Stoney Creek Mountain next to new Walmart & Financial Institutes, in a plaza with 3310 sq ft retail space available (can be divided). Other tenants include drive thru Tim Hortons, Esso Gas Station, Avondale, Gino Pizza & many more. TMI is estimated 10.00 PSF, immediate possession avail.
RETAIL STONEY CREEK MOUNTAIN
1716_DJW_4_0024
Fully leased plaza for sale net income $102,000, Anchor tenant Royal Bank, 30 minutes south of Hamilton. Call Mazhar Roshan for more details.
Great location on this sought after Locke St. business district, this property is mixed use building, recently renovated through-out, and is ideal for an owner user or investor property. The ground floor unit consists of approx. 2,440 sf (divisible) com-mercial space for the owners use and the top floor contains 5 student rental units ready to be leased. Possible VTB for quali-fied buyer. Asking $1,499,000.
1716
_DJW
_007
4
BUILDING FOR SALE
PRIME SOUTH WEST HAMILTON LOCATION
Attractive neighbourhood retail plaza in the heart of a high population mixed density res. area. Easy access to Red Hill Expressway. Units sizes vary from 786 - 6,800 sf with rental rates Economically priced from $9.95 - $13.95/sf net. Ideal for most retail/office uses. Landlord may assist with improvements. Abundant parking. Immediate possession.
1716
_DJW
_2_0
089
RETAIL/OFFICE FOR LEASE
EAST HAMILTON
1716
_DJW
_2_0
062
RETAIL/OFFICE FOR LEASE
EAST HAMILTON MOUNTAINA first class busy regional retail complex, anchored by Metro Food, Shoppers Drug Mart, LCBO, department stores, banks & other retailers w/tremendous parking capacity. Available units include 4,036 sf, ideal for most retail uses and 1,520 sf: ideal for a bar/restaurant uses. Immediate possession.
1716
_DJW
_1_0
066
RETAIL/OFFICE FOR LEASE
170 SILVERCREEK PARKWAY NORTH, GUELPH Located on a major arterial road across from Willow West Mall. Many national tenants on this power retail strip. Unit 2 - 2,151 sf, former variety store, asking $13.95/sf and Unit 7 - 4,550 sf asking $12.95/sf, unit divisible from 1,250 sf, rates vary on size. Ideal for most retail or other uses, landlord may assist with improvements. Immediate possession, loads of parking. Bonus fee to agents.
1716
_DJW
_1_0
100
Prime plaza location & exposure on Governors Rd in West Dundas across from 3 schools in a large residential area. Unit 3: Ideal for fast food restaurant use or most other retail uses with some restaurant equipment in place to be purchased if food use and Unit 4-6: former medical offices with individual exam rooms w/sinks in each room. Ideal for medical, office or other retail uses (divisible). Immediate poss., abundant parking. Asking $18.95/sf net. Call for details.
RETAIL FOR LEASE
DUNDAS
Excellent opportunity to own this vibrant growing family restaurant business, licensed with patio opportunity, with an excellent corner location in the greater Hamilton region with abundant parking. Great long term lease with options. This 123 seat (plus patio) turnkey business was recently renovated and is ideal for a family business with growth potential or for a national brand to take this business to the next level. Asking $189,900. Call LA for details.
TURNKEY RESTAURANT FOR SALE
GREATER HAMILTON REGION
COM_1716.indd 20 2016-04-22 4:25 PM
Ham
ilton
Commercial Real Estate & Business Opportunities
Please say you saw it in The Commercial Investor
21
Ham
ilton
Volume 16 Issue 04
Rockhaven Realty Inc. Brokerage170 Rockhaven Lane - Suite 113Waterdown 905-689-7325
11307630_1716
Phil Calvano,Broker of Record - MVA
www.rockhavenrealtyinc.com
SALE OR LEASE• Downtown/West bar
restaurant on corner lot.
• 6700 square feet on 3 floors plus 3000 square foot patio.
• 10 car parking.• VTB available.
1
1716_DJW_0062
DEVELOPMENT SITE• High rise condo
development site.• 12 story 107 units
with city developments incentives.
• Call for info.
$1,399,000
1
1716_DJW_0063
PRIME WATERDOWN LOCATION • Hamilton St N at
Dundas St., Waterdown - 2 units 6700 sq ft & 1800 sq ft available immediately.
• Landlord will consider short term lease up to 3 years.
• Call for info.
1
1716_DJW_0064
COMMERCIAL CONDO• Why lease when you
can own.• High traffic
Waterdown location next to Fortino's Plaza.
• Health Care, Professional, Office, Retail. From $249,900.
Building ready for renovation. Building permit is in place for 4 residential units & 10 R2 Commercial on main floor. Solar panels on roof for extra income. MLS H3174705
3 STOREY BUILDING NEXT TO HAMILTON GENERAL HOSPITAL
1716_DJW_0026
Central location. Fully occupied by long term tenants. Dance Studio, Church group, spa and storage. One 2 bedroom and 3 single rooms. 14 parking spaces. Excellent location in East end of Hamilton. MLS H3178227
EXCELLENT INVESTMENT
1716_DJW_0027
Totally gutted and renovated in the past few years. Near public transport, shopping, schools and expressway. Double drive & garage, 6 appliances, 3 kitchens, 3 full baths. Central Hamilton Mountain location. Availability: Immediate. MLS H3178080
LARGE FAMILY HOME WITH IN LAW SUITE LOCATED IN CENTRAL MOUNTAIN
1716_DJW_0028
MOTEL WITH 14 ROOMS
A Restaurant and an Apartment for operatoron highway#3. 45 minutes to hamilton
and 24 minutes to simcoe.
CALL FOR DETAILS.
COM_1716.indd 21 2016-04-22 4:25 PM
Hamilton
Commercial Real Estate & Business Opportunities
Please say you saw it in The Commercial Investor
22
Hamilton
Volume 16 Issue 04
8171394_1716
THE WISE INVESTORBy Dino Nicosia, Broker of Record, Investpro Realty Ltd., Brokerage
WHY INVEST IN REAL ESTATE?
We have all heard of the many riches that both real estate ownership and or the stock market can bring, however as you are probably aware, the stock market can fluctuate dramatically. In some extreme cases, we have witnessed overnight swings that had made people rich and in other cases send them to bankruptcy.
Tangible: Real Estate owners are not shielded from such peaks and valleys, however, real estate is different. With real estate, you purchase a tangible asset that you can manage and have a lot of control. While it’s true that there are still external market conditions that affect your investment, the difference is that you have the ability to manipulate the operations of your real estate investment to respond to those conditions. Instead of being reactive (buying or selling), with the stock market, you are being proactive with real estate. You have the power in real estate to control the operational performance of your asset more than any other investment.
Long term: Be confident that investing in real estate, with a long term investment strategy, it will build wealth over time. An experienced investor is also able to buy on short term and through flipping properties will earn good profits, however that is a high-risk strategy, which should be avoid by inexperienced investors.
These are some of the many advantages in a long-term real estate investment;
• Build your net worth over time from capital appreciation • Take advantage of the many tax advantages • Cash flow and residual income, • Capital gain on sale, • Equity also builds up through mortgage principal pay down,
Leverage: Real Estate investment is unique from the stock market because real wealth is achieved by using leverage. In real estate, leverage is based on the asset itself and you can get a bank finance up to 80% of the purchase price, and sometimes with secondary financing you can get up to 90% or 100% of the total asset value. Therefore, a real estate value increase of 5 percent (appreciation rate) is by far a better investment than a stock increasing by 10 percent. This is because when you leverage an investment property, you reap the benefits of the appreciation on the total of the asset value, and not your cash invested.
You cannot afford not to invest in real estate.
In future articles we will help you understand why Real Estate investments go bad, and how to reduce the risk and avoid common pitfalls. We will educate you about mortgage financing, property management, commonly used terms and formulas and how to apply them.
VMYSL
Specializing in Multi-Residential Listing and Sales
Before you invest, Deal with the best. Call Investpro Realty.
• 20 Units, Hamilton• 12 Units, Hamilton Mountain
• 8 Units, Hamilton
COMING SOON!
1316_DJW_0053
Asking $625,000. Only minutes to General Hospital. Up and coming area. Over $150,000 in renovations. For more details, visit our website.
6 UNITS - CENTRAL HAMILTON
1716_DJW_1_0054
For fi nancials and more details, contact Dino Nicosia or visit our website.
24 UNITS, LONDON
1716_DJW_0069
Asking $700,000. Attractive building converted to legal 9 apartments from old school house in Historic Norfolk County (Simcoe). Great investment. Never any vacancy! Visit our website for details.
9 UNITS - NEAR SIMCOE
1716_DJW_1_0056
Asking $699,900. Solid well kept brick and block construction. Excellent location, next to Juravinski Hospital, minutes to Limeridge Mall and near mountain brow. Visit our website for details.
6 UNITS, HAMILTON MOUNTAIN
1716_DJW_1_0057
Asking $310,000. Solid brick, legal 4-plex, in desirable rental area. Visit our website for details.
4 UNITS, ST. CATHARINES
1716_DJW_3_0058
SOLD
9558936_1716
SOLD
CONDITIONAL
COM_1716.indd 22 2016-04-22 4:25 PM
Ham
ilton
Commercial Real Estate & Business Opportunities
Please say you saw it in The Commercial Investor
23
Ham
ilton
Volume 16 Issue 04
8171394_1716
THE WISE INVESTORBy Dino Nicosia, Broker of Record, Investpro Realty Ltd., Brokerage
WHY INVEST IN REAL ESTATE?
We have all heard of the many riches that both real estate ownership and or the stock market can bring, however as you are probably aware, the stock market can fluctuate dramatically. In some extreme cases, we have witnessed overnight swings that had made people rich and in other cases send them to bankruptcy.
Tangible: Real Estate owners are not shielded from such peaks and valleys, however, real estate is different. With real estate, you purchase a tangible asset that you can manage and have a lot of control. While it’s true that there are still external market conditions that affect your investment, the difference is that you have the ability to manipulate the operations of your real estate investment to respond to those conditions. Instead of being reactive (buying or selling), with the stock market, you are being proactive with real estate. You have the power in real estate to control the operational performance of your asset more than any other investment.
Long term: Be confident that investing in real estate, with a long term investment strategy, it will build wealth over time. An experienced investor is also able to buy on short term and through flipping properties will earn good profits, however that is a high-risk strategy, which should be avoid by inexperienced investors.
These are some of the many advantages in a long-term real estate investment;
• Build your net worth over time from capital appreciation • Take advantage of the many tax advantages • Cash flow and residual income, • Capital gain on sale, • Equity also builds up through mortgage principal pay down,
Leverage: Real Estate investment is unique from the stock market because real wealth is achieved by using leverage. In real estate, leverage is based on the asset itself and you can get a bank finance up to 80% of the purchase price, and sometimes with secondary financing you can get up to 90% or 100% of the total asset value. Therefore, a real estate value increase of 5 percent (appreciation rate) is by far a better investment than a stock increasing by 10 percent. This is because when you leverage an investment property, you reap the benefits of the appreciation on the total of the asset value, and not your cash invested.
You cannot afford not to invest in real estate.
In future articles we will help you understand why Real Estate investments go bad, and how to reduce the risk and avoid common pitfalls. We will educate you about mortgage financing, property management, commonly used terms and formulas and how to apply them.
VMYSL
Specializing in Multi-Residential Listing and Sales
Before you invest, Deal with the best. Call Investpro Realty.
• 20 Units, Hamilton• 12 Units, Hamilton Mountain
• 8 Units, Hamilton
COMING SOON!
1316_DJW_0053
Asking $625,000. Only minutes to General Hospital. Up and coming area. Over $150,000 in renovations. For more details, visit our website.
6 UNITS - CENTRAL HAMILTON
1716_DJW_1_0054
For fi nancials and more details, contact Dino Nicosia or visit our website.
24 UNITS, LONDON
1716_DJW_0069
Asking $700,000. Attractive building converted to legal 9 apartments from old school house in Historic Norfolk County (Simcoe). Great investment. Never any vacancy! Visit our website for details.
9 UNITS - NEAR SIMCOE
1716_DJW_1_0056
Asking $699,900. Solid well kept brick and block construction. Excellent location, next to Juravinski Hospital, minutes to Limeridge Mall and near mountain brow. Visit our website for details.
6 UNITS, HAMILTON MOUNTAIN
1716_DJW_1_0057
Asking $310,000. Solid brick, legal 4-plex, in desirable rental area. Visit our website for details.
4 UNITS, ST. CATHARINES
1716_DJW_3_0058
SOLD
9558936_1716
SOLD
CONDITIONAL
COM_1716.indd 23 2016-04-22 4:25 PM
inthenews
HELP ONTARIO CUT RED TAPEGovernment launches crowd-sourced program to modernize regulations
through the Business Growth Initiative, to develop modern, outcome-focused and evidence-based regulations. The Business Growth Initiative will help foster an innovative and supportive business environment, while protecting environmental and health standards and enhancing worker safety.
Reducing regulatory burden is part of the government’s economic plan to build Ontario up and deliver on its number-one priority to grow the economy and create jobs. The four-part plan includes investing in talent and skills, including helping more people get and create the jobs of the future by expanding access to high-quality college and university education. The plan is making the largest investment in public infrastructure in Ontario’s history and investing in a low-carbon economy driven by innovative, high-growth, export-oriented businesses. The plan is also helping working Ontarians achieve a more secure retirement.
QUICK FACTS
• Through the Red Tape Challenge, the public, businesses and industry associations can submit comments about Ontario’s regulatory requirements directly to the government at ontario.ca/redtapechallenge.
• The Red Tape Challenge is modelled on a program from the U.K. of the same name that has achieved substantial results, including saving businesses more than £850 million (about $1.5 billion CDN) per year in costs through changes to 3,000 regulations.
• This is part of the province’s Open Government commitment to create a more transparent, accessible and collaborative government for the people of Ontario.
• Ontario’s 2015 Burden Reduction Report identified a total of $44 million in savings, building on $6 million identified in the 2014 report. This puts the province on track to reach its target of reducing the business burden by $100 million by the end of 2017.
• In recognition of the province’s efforts to reduce red tape, the Canadian Federation of Independent Business (CFIB) awarded the province a B+ grade — the second highest grade awarded in Canada — in its 2016 Red Tape Report Card.
• Ontario’s Business Growth Initiative is helping to grow the economy and create jobs by promoting an innovation-based economy, helping small companies scale up and modernizing regulations for businesses.
www.ontario.ca/page/red-tape-challenge
Ontario is asking businesses and the public to help
identify and improve regulations that are unclear, outdated, redundant or unnecessarily costly.
Premier Kathleen Wynne joined Brad Duguid, Minister of Economic Development, Employment and Infrastructure, recently at Novo Plastics in Markham to launch the Red Tape Challenge, inviting the public to pinpoint problems such as forms that are too complex and technical information that is hard to understand. Through this innovative online consultation tool, people across Ontario will be able to help identify and eliminate regulatory duplication, lessen compliance burdens, shorten response times and make it easier for businesses and citizens to interact with government.
The Red Tape Challenge will focus on six business sectors over the next two years. It will start with auto parts manufacturing, then focus on food processing, financial services, mining, chemical manufacturing and forestry.
This crowd-sourced program will help deliver on Ontario’s commitment,
COM_1716.indd 24 2016-04-22 4:25 PM
Ham
ilton
inthenews
HELP ONTARIO CUT RED TAPEGovernment launches crowd-sourced program to modernize regulations
through the Business Growth Initiative, to develop modern, outcome-focused and evidence-based regulations. The Business Growth Initiative will help foster an innovative and supportive business environment, while protecting environmental and health standards and enhancing worker safety.
Reducing regulatory burden is part of the government’s economic plan to build Ontario up and deliver on its number-one priority to grow the economy and create jobs. The four-part plan includes investing in talent and skills, including helping more people get and create the jobs of the future by expanding access to high-quality college and university education. The plan is making the largest investment in public infrastructure in Ontario’s history and investing in a low-carbon economy driven by innovative, high-growth, export-oriented businesses. The plan is also helping working Ontarians achieve a more secure retirement.
QUICK FACTS
• Through the Red Tape Challenge, the public, businesses and industry associations can submit comments about Ontario’s regulatory requirements directly to the government at ontario.ca/redtapechallenge.
• The Red Tape Challenge is modelled on a program from the U.K. of the same name that has achieved substantial results, including saving businesses more than £850 million (about $1.5 billion CDN) per year in costs through changes to 3,000 regulations.
• This is part of the province’s Open Government commitment to create a more transparent, accessible and collaborative government for the people of Ontario.
• Ontario’s 2015 Burden Reduction Report identified a total of $44 million in savings, building on $6 million identified in the 2014 report. This puts the province on track to reach its target of reducing the business burden by $100 million by the end of 2017.
• In recognition of the province’s efforts to reduce red tape, the Canadian Federation of Independent Business (CFIB) awarded the province a B+ grade — the second highest grade awarded in Canada — in its 2016 Red Tape Report Card.
• Ontario’s Business Growth Initiative is helping to grow the economy and create jobs by promoting an innovation-based economy, helping small companies scale up and modernizing regulations for businesses.
www.ontario.ca/page/red-tape-challenge
Ontario is asking businesses and the public to help
identify and improve regulations that are unclear, outdated, redundant or unnecessarily costly.
Premier Kathleen Wynne joined Brad Duguid, Minister of Economic Development, Employment and Infrastructure, recently at Novo Plastics in Markham to launch the Red Tape Challenge, inviting the public to pinpoint problems such as forms that are too complex and technical information that is hard to understand. Through this innovative online consultation tool, people across Ontario will be able to help identify and eliminate regulatory duplication, lessen compliance burdens, shorten response times and make it easier for businesses and citizens to interact with government.
The Red Tape Challenge will focus on six business sectors over the next two years. It will start with auto parts manufacturing, then focus on food processing, financial services, mining, chemical manufacturing and forestry.
This crowd-sourced program will help deliver on Ontario’s commitment,
Commercial Real Estate & Business Opportunities
Please say you saw it in The Commercial Investor
25
Ham
ilton
Volume 16 Issue 04
11272370_1716
2661 sq ft corner unit beside McDonalds. Ideal location for doctors walk-in clinic or any commercial retail business or offices. Lots of parking. Location second to none. For more information call George Kyprianou at 905 574 4600.
RYMAL RD. E. AND UPPER JAMES1716_DJW_0056
COMMERCIAL SPACE FOR LEASE
FOR OVER 43 YEARS
STATE REALT YBROKERAGE INDEPENDENTLY OWNED AND OPERATED
Currently used as bakery. The tenant moves out June 30. There are Pizza equipment in the store. It is a great location for Pizza. The rent is set for $2200. Included maintenance and H.S.T. For more information call George or Konstaninos at 905 574 4600.
COMMERCIAL SPACE1716_DJW_0057
FENNELL AVE E.
905-574-4600
Cosmo CostaSALES REPRESENTATIVE
CALL 905-662-6666
Your Investment Property Specialist
9742
018_
1716
www.cosmocosta.ca
STATE REALTY BROKERAGEINDEPENDENTLY OWNED & OPERATED
CENTRALLY LOCATED10 UNIT
All brick construction building consisting of 6-1BR, 3-BR & 1 Bachelor, some parking separate meters. GROSS INCOME $68,400. N.O.I. $45,283
1716_DJW_0053
EAST END ALL BRICKCONSTRUCTION
7 units. Some parking. Separate furnaces, hydro meter, new roof, etc. GROSS INCOME OF $60,000. N.O.I. $45,000
1716_DJW_0052
3/large 1 bdr units plus a laundrymate business. GROSS INCOME OF $41,300 N.O.I. $25,319.
1716_DJW_3_0024
FREE STANDINGALL BRICK CONTR.
COM_1716.indd 25 2016-04-22 4:25 PM
marketminded
OFFICE CONDOS A new trend in the City of Toronto and Metro Vancouver, says Colliers research report
offering 43 per cent of availability.
“Owning office space offers the advantages of having a fixed and clear cost in the wake of major increases in leasing rates, full control over the design taste and feel of your environment, the prospects of capital gain, and no longer having to worry about the lack of flexibility that is usually coupled with a leasing contract,” says Scott Chandler, Colliers International’s senior vice president, Capital Markets. “As lease rates continue to increase and Canadian lending rates remain low, business owners are discovering the advantages and opportunities to own their own office space rather than lease and the market has responded.
“A significant increase in the development of new office condo projects for the past six years,” added Chandler.
The Report specifically pointed to Yonge Park Plaza, a mixed-use four-star hotel and office building in the Central North Market of the GTA, as an example. Located at 4050 Yonge Street (at York Mills Road) and being developed by Markham-based The Gupta Group, this recently announced corporate centre will be well-served by highways and multiple transit options, including direct access to the subway.
Added Chandler, “Because of the power of its location, Yonge Park Plaza speaks to the strength of a potential investment in office space for the end-user, should conditions of their business ever change or should they require an exit strategy.”
“Much like the trend in condos has made thousands of Canadian homeowners, despite the price of detached homes, business owners are now seeing the value of owning versus renting their space,” said Steve Gupta, President and CEO of The Gupta Group. “Yonge Park Plaza is among only 9 per cent of all GTA buildings located within walking distance of both a transit stop and a highway interchange, and for owners, this is the magic math that speaks to a sound real estate investment.
“For example, this location means a significant return on investment, since we expect this building to lease faster, for premium rent and stay leased longer with less turnover and ongoing lower vacancy, than other buildings,” Gupta added.
The Colliers Office Condos Research Report says that much like home ownership, office ownership is an investment in your financial future.
Said Chandler, “For investors, owning your office space can offer a solid, consistent levered cash-flow and an opportunity to diversify your portfolio. For end-users, current low lending rates can make the product more affordable than leasing, and the strong capital appreciation can provide solid equity growth.”
Strata titled office/warehouse product has long been a common form of development in Vancouver. Units have been getting bigger, better and more expensive over the last number of years. This form of development has now shifted to the retail and office asset classes in a meaningful way. “From an office perspective, the key drivers are the lack of sites for small owner occupied developments, and developers are now focusing on purpose-built strata office product rather than offering residual office product in mixed-use developments and most importantly, the acceptance of the product into a liquid secondary market in the event the owner outgrows the space, or needs to downsize,” says Kirk Kuester, Executive Managing Director, Colliers Vancouver. “If an owner or investor wishes to sell, there is an active market to now sell into, which might not have existed five years ago,” he added.
For more information, visit www.collierscanada.com and www.yongeparkplaza.com
A Colliers International research report shows a growing
demand towards office condos among business owners in the Toronto and Metro Vancouver, as they discover that owning your office space can be more affordable than leasing.
In Metro Vancouver, the Colliers Office Condo Report shows the demand continuing to surge for investors and end-users alike and that is due to several variables including, low interest rates, strong price per square foot growth, increasing lease rates, and opportunity to build equity.
In 2010, only 31 per cent of office condo buyers in Vancouver were investors, a figure which has grown to a staggering 83 per cent by 2014. This increase in demand is also driven by the affordability and opportunity to own real estate as an investment that can be leased upon purchase. Using an example in a market with $35 per square foot lease rates, against office condo unit selling at $700 per square foot, the owners mortgage cost provides a savings of $3 per square foot. (Note: this is assuming a three per cent mortgage with 20 per cent down and amortized over 25 years).
In the City of Toronto, the demand for office condos is typically from end users, such as professional service firms, or local or international investors seeking a stable, solid and predictable cash flow. In 2015, 74 per cent of the office condo sales were to end-users, with 26 per cent to investors.
The Central North Market of the GTA has the most activity, recording 56 per cent of office condo sales in 2015 and
Spring is here, and so is the active spring market. As the market becomes more active, more investment opportunities might encourage you to start hunting for your perfect investment property. But not every opportunity is as golden as it seems, and it’s important to be savvy while diversifying your portfolio. As an investor myself, I wanted to pass on some tips that are beneficial to all investors - whether they’re seasoned or just starting out.
Remember that owning a commercial property doesn’t automatically make you an investor.
Always look at the numbers. Of course this seems obvious, but sometimes projections are overlooked or certain costs are left out during the decision making process. In other words be wary of sellers that over-estimate the value of their property. As well, look at previous years’ tax returns, bills, maintenance records etc. to obtain a more realistic picture. Bottom line, you will want to make sure that your investment has the ability to produce an income or profit.
Focus on the big picture of property ownership.
This type of venture is certainly not a one time project. A big mistake as an investor is ignoring the fact that over time you’ll have to continuously invest in order to maintain the building. Maintenance isn’t just about troubleshooting tenant issues. It’s also important to have a long term plan for capital improvements, like upgrading the electrical or replacing the roof. Likewise, you may want to really consider the tenants you choose. Home rentals usually sign for 6 months to a year, whereas commercial leases can run 5 years or much longer.
Invest in an environmental report. It will save you in the long run.
Whether you’ve agreed to be the sole owner or you are doing a joint venture, you might be responsible for paying for an environmental cleanup (i.e hazardous waste issues). This holds true even if you didn’t cause the problem itself. Therefore, it’s
beneficial and highly recommended to obtain an environmental report as part of your due diligence. These documents will save you from any surprises and will disclose the major issues. Even though a report can be costly, a cleanup itself is astronomically more expensive.
Choose one investment type at a time.
Owning multiple houses differs greatly from diversifying your commercial properties. You should really focus on one type of investment property, especially when you are first starting out. Some types of property you might want to focus on are: multi-residential, offices, retail or land. Each deal is going to require your undivided attention, so my advice would be to master one rather than spreading yourself thin. It will be a benefit to your reputation as well.
And lastly...
My final tip is that you simply speak with someone who has ample experience. Getting multiple opinions from other investors can save you from making huge mistakes, help you identify anything you may have missed, and can connect you with the appropriate resources that you may not have had access to. As an investor myself, I am confident in my knowledge and would be more than willing to assist you. I have experienced the good, the bad, and the ugly, and I know from experience that smart investments can set you up for the future.
TOP TIPS FOR FIRST TIME AND SEASONED INVESTORS
11301473_1716
COM_1716.indd 26 2016-04-22 4:26 PM
Ham
ilton
marketminded
OFFICE CONDOS A new trend in the City of Toronto and Metro Vancouver, says Colliers research report
offering 43 per cent of availability.
“Owning office space offers the advantages of having a fixed and clear cost in the wake of major increases in leasing rates, full control over the design taste and feel of your environment, the prospects of capital gain, and no longer having to worry about the lack of flexibility that is usually coupled with a leasing contract,” says Scott Chandler, Colliers International’s senior vice president, Capital Markets. “As lease rates continue to increase and Canadian lending rates remain low, business owners are discovering the advantages and opportunities to own their own office space rather than lease and the market has responded.
“A significant increase in the development of new office condo projects for the past six years,” added Chandler.
The Report specifically pointed to Yonge Park Plaza, a mixed-use four-star hotel and office building in the Central North Market of the GTA, as an example. Located at 4050 Yonge Street (at York Mills Road) and being developed by Markham-based The Gupta Group, this recently announced corporate centre will be well-served by highways and multiple transit options, including direct access to the subway.
Added Chandler, “Because of the power of its location, Yonge Park Plaza speaks to the strength of a potential investment in office space for the end-user, should conditions of their business ever change or should they require an exit strategy.”
“Much like the trend in condos has made thousands of Canadian homeowners, despite the price of detached homes, business owners are now seeing the value of owning versus renting their space,” said Steve Gupta, President and CEO of The Gupta Group. “Yonge Park Plaza is among only 9 per cent of all GTA buildings located within walking distance of both a transit stop and a highway interchange, and for owners, this is the magic math that speaks to a sound real estate investment.
“For example, this location means a significant return on investment, since we expect this building to lease faster, for premium rent and stay leased longer with less turnover and ongoing lower vacancy, than other buildings,” Gupta added.
The Colliers Office Condos Research Report says that much like home ownership, office ownership is an investment in your financial future.
Said Chandler, “For investors, owning your office space can offer a solid, consistent levered cash-flow and an opportunity to diversify your portfolio. For end-users, current low lending rates can make the product more affordable than leasing, and the strong capital appreciation can provide solid equity growth.”
Strata titled office/warehouse product has long been a common form of development in Vancouver. Units have been getting bigger, better and more expensive over the last number of years. This form of development has now shifted to the retail and office asset classes in a meaningful way. “From an office perspective, the key drivers are the lack of sites for small owner occupied developments, and developers are now focusing on purpose-built strata office product rather than offering residual office product in mixed-use developments and most importantly, the acceptance of the product into a liquid secondary market in the event the owner outgrows the space, or needs to downsize,” says Kirk Kuester, Executive Managing Director, Colliers Vancouver. “If an owner or investor wishes to sell, there is an active market to now sell into, which might not have existed five years ago,” he added.
For more information, visit www.collierscanada.com and www.yongeparkplaza.com
A Colliers International research report shows a growing
demand towards office condos among business owners in the Toronto and Metro Vancouver, as they discover that owning your office space can be more affordable than leasing.
In Metro Vancouver, the Colliers Office Condo Report shows the demand continuing to surge for investors and end-users alike and that is due to several variables including, low interest rates, strong price per square foot growth, increasing lease rates, and opportunity to build equity.
In 2010, only 31 per cent of office condo buyers in Vancouver were investors, a figure which has grown to a staggering 83 per cent by 2014. This increase in demand is also driven by the affordability and opportunity to own real estate as an investment that can be leased upon purchase. Using an example in a market with $35 per square foot lease rates, against office condo unit selling at $700 per square foot, the owners mortgage cost provides a savings of $3 per square foot. (Note: this is assuming a three per cent mortgage with 20 per cent down and amortized over 25 years).
In the City of Toronto, the demand for office condos is typically from end users, such as professional service firms, or local or international investors seeking a stable, solid and predictable cash flow. In 2015, 74 per cent of the office condo sales were to end-users, with 26 per cent to investors.
The Central North Market of the GTA has the most activity, recording 56 per cent of office condo sales in 2015 and
Commercial Real Estate & Business Opportunities
Please say you saw it in The Commercial Investor
27
Ham
ilton
Volume 16 Issue 04
Spring is here, and so is the active spring market. As the market becomes more active, more investment opportunities might encourage you to start hunting for your perfect investment property. But not every opportunity is as golden as it seems, and it’s important to be savvy while diversifying your portfolio. As an investor myself, I wanted to pass on some tips that are beneficial to all investors - whether they’re seasoned or just starting out.
Remember that owning a commercial property doesn’t automatically make you an investor.
Always look at the numbers. Of course this seems obvious, but sometimes projections are overlooked or certain costs are left out during the decision making process. In other words be wary of sellers that over-estimate the value of their property. As well, look at previous years’ tax returns, bills, maintenance records etc. to obtain a more realistic picture. Bottom line, you will want to make sure that your investment has the ability to produce an income or profit.
Focus on the big picture of property ownership.
This type of venture is certainly not a one time project. A big mistake as an investor is ignoring the fact that over time you’ll have to continuously invest in order to maintain the building. Maintenance isn’t just about troubleshooting tenant issues. It’s also important to have a long term plan for capital improvements, like upgrading the electrical or replacing the roof. Likewise, you may want to really consider the tenants you choose. Home rentals usually sign for 6 months to a year, whereas commercial leases can run 5 years or much longer.
Invest in an environmental report. It will save you in the long run.
Whether you’ve agreed to be the sole owner or you are doing a joint venture, you might be responsible for paying for an environmental cleanup (i.e hazardous waste issues). This holds true even if you didn’t cause the problem itself. Therefore, it’s
beneficial and highly recommended to obtain an environmental report as part of your due diligence. These documents will save you from any surprises and will disclose the major issues. Even though a report can be costly, a cleanup itself is astronomically more expensive.
Choose one investment type at a time.
Owning multiple houses differs greatly from diversifying your commercial properties. You should really focus on one type of investment property, especially when you are first starting out. Some types of property you might want to focus on are: multi-residential, offices, retail or land. Each deal is going to require your undivided attention, so my advice would be to master one rather than spreading yourself thin. It will be a benefit to your reputation as well.
And lastly...
My final tip is that you simply speak with someone who has ample experience. Getting multiple opinions from other investors can save you from making huge mistakes, help you identify anything you may have missed, and can connect you with the appropriate resources that you may not have had access to. As an investor myself, I am confident in my knowledge and would be more than willing to assist you. I have experienced the good, the bad, and the ugly, and I know from experience that smart investments can set you up for the future.
Exceptional opportunity to own successful established business and iconic property on prime Hamilton Locke Street South location; property development and business expansion potential; several purchase
options available for qualified buyers. Do not go direct.Contact Larry Szpirglas, Broker, 905-648-4451 for further information.
0516
_DJW
_011
0
0516
_DJW
_011
1
NEW PRICE $879,900
11294991_1716
GTASECTIONCOVERING:Ajax Alliston Bowmanville Bradford Bolton Burlington Brampton ConcordDurham Region
Etobicoke Georgetown Georgina Keswick MarkhamMilton Mississauga Newmarket North York Oakville Oshawa
S k y V i e w sCMHC Indicates Continued Strength in the Apartment Building Industry
By: Cliff Ford, Skyview Realty Ltd., Brokeragethe gap shrink between purpose-built rental rates and con-do rental rates.The downward trend on vacancy rates indicates there is more demand for rentals than there is supply. The condo market certainly addresses part of this demand but it also is a good indication that our market is stable in the purpose-built apartment sector. The driving force behind the demand for rentals are the Millenial generation (aged anywhere between 25-44 years old). Out of all age groups in Ontario renters, Millenials have the highest percentage of people who choose to rent versus own. Primarily, it is the cost gap between the cost of ownership and the cost of renting that causes this age group to remain in the rental market long after leaving their parents’ house.When you consider the factors driving the condo market and the overall demand for rental units, CMHC indicated that the condo market should not be something we fear in the multi-unit residential sector. Our sector is strong and stable, and ultimately, almost counter-intuitively, supported by the continued development of the condo market.The ‘Forecast’No one has a crystal ball to predict the future, but when you have as much expertise and data as CMHC does, they often have a way of estimating the direction in which the rental market is heading. Ted and Dana’s presentations gave us some key insights about where we should expect the market to go in 2016 and even into 2017.The forecast on vacancy rates looked even more positive as CMHC expects the overall vacancy rates to continue to drop; stating that we could see decreases in vacancies by another 0.2% overall in 2016 through 2017. The indicators on the Job Market and the Cost Gap also indicate downward pressure is coming on vacancy rates over the next year or two. The economic data provided by CMCH shows that Ontario’s job market is on the rise. Pair this influx of working individuals with the ever increas-ing Cost Gap and it could mean that we will have more qualified tenants applying at our buildings. The Cost Gap, especially in major city markets, is ever increasing. The cost of ownership in a city like Toronto far outweighs the cost of renting. As such, many individuals remain as rent-ers but can afford to live comfortably in a rental situation because of the job market growth.Lastly, as an investor in multi-unit residential properties, the economic indications presented by CMHC show that this ‘commodity’ remains a very stable investment. When compared to other investment models, the apartment building sector has far less volatility when compared to stocks, gold, or bonds.CMHC has always provided great insight into the rental market in Ontario. This year’s annual breakfast was no different. The multi-unit residential market remains strong and worthy of further investment. If you would like to learn more about CMHC’s reporting and the individual statistics for each city and region in Ontario, I welcome you to visit our website to view them for yourself: www.skyviewrealty.com/cmhcreports.html
On January 28th, 2016, Ted Tsiakopoulos and Dana Sen-agama from CMHC presented a slew of relevant data, facts, charts, and insights that showed our multi-unit residential market was not only surviving but thriving! If you were unable to attend this year, here are some of the salient points from that breakfast seminar:Vacancy RatesAs has been the case for a number of years, the Ontario market performed greater than all other provinces, except for British Columbia, when it comes to vacancy rates. In 2015, Ontario remained steady at just above a 2% overall vacancy rate, where the overall Canadian market was closer to 3.5%.Within Ontario, the individual cities varied in their vacancy rates. CMHC indicated that some markets like Barrie and Oshawa saw decreased vacancy rates due to the demand for rental housing there. Cities like Toronto and Guelph have stayed the course and did not see a significant increase or decrease from 2014 to 2015. On the other hand, some markets saw greater vacancy increases such as Ottawa and Hamilton.As it relates to vacancy rates, immigration continued to play a factor in those rates. It was reported that 62% of immigrants coming into Canada choose to rent first upon their arrival. This influx of new families looking for housing has created a downward pressure on the overall vacancy rates.Condo MarketFor a few years now there has been some trepidation towards the condo market. Some apartment building owners saw this market as a threat when it appeared that many of the condo units coming available were being scooped up by investors to use as rental units. But there is no reason to fear the condo market according to CMHC. Their stats shows that of all the available units coming into this market through the expansion and building of new condominium properties, only one third or less are being kept as rental investment units and the remainder are being owner-occupied.We do not need to worry about the condo market infringing on our core business. Remember that condos are filling a void and not necessarily taking away from our prime target tenants. Due to the nature of condo living, with amenities inside the building and higher-end finishings and fixtures, they address the need for high-end rental living. Those individuals that choose to continue to rent in condos rather than own their property, are looking for a certain lifestyle and are willing to pay the extra rental fees above what a purpose-built apartment unit would cost in today’s mar-ket. Looking at it from the other side of the coin, this also presents an opportunity for owners of purpose-built apart-ments. Those who are willing to invest in upgrading their common areas and suite turnovers, to bring their property to a condo-style quality, have more proven rental upside potential as they can tap into the demand for these high-end units. Location and quality of property improvements certainly play a factor in determining the ability to achieve the rents at condo levels. CMHC indicated that those who have implemented these types of improvements are seeing
8647857_1716
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
Bill MorrisonSALES REPRESENTATIVE
Direct: 905-619-9500
Platinum Award WinnerSELLING REAL ESTATE FOR OVER 25 YEARS
Prime commercial corner location on 4.18 acres with detached 2 storey house. Plaza leased with 6 tenants. Huge lot close to 407 expansion.
1316_DJW_3_0058
CLARINGTON
ASKING $2,700,000
Fantastic offi ce building with lane access to fenced in yard. 10 car parking. Bathurst and Queen St. location. 2nd storey with 10' and 12' ceilings and skylight. Approx. 4100 sq ft plus useable full basement. Why lease? Very busy area with new developments.
1316_DJW_3_0052
TORONTO
ASKING $2,799,999
Attention Investors! Fully leased over 10,000 sq ft Plaza. Rexall Pharmacy, Subway, Medical. On busy location.
1316_DJW_0078
TORONTO
ASKING $3,950,000
Excellent opportunity for developers in the heart of Ajax to build stacked towns. Currently leased with 7% CAP. 3 road frontages. 200'x120' lot.
1316_DJW_0077
AJAX
ASKING $1,699,000
Corner location, great for redevelopment or nice lot. Currently leased.
1316_DJW_0075
TORONTO
Investment property. 6 units fully rented. Great location! Humber River & Lakeshore. Just listed!
1316_DJW_2_0064
MIMICO
ASKING $1,550,000
Used car lot. Property paved with lights and spaces. Offi ce with washroom on busy Simcoe Street. Tenant can stay or go. Priced to sell!
1316_DJW_2_0063
OSHAWA
ASKING $399,900
ONLY $1,380,000
User/investor opportunity withHighway 401 and Kingston Road exposure. Has existing drive thru.On 1.30 acres. 6400 sq ft building.
PICKERING
ASKING $2,100,000
COM_1716.indd 30 2016-04-22 4:26 PM
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rea
S k y V i e w sCMHC Indicates Continued Strength in the Apartment Building Industry
By: Cliff Ford, Skyview Realty Ltd., Brokeragethe gap shrink between purpose-built rental rates and con-do rental rates.The downward trend on vacancy rates indicates there is more demand for rentals than there is supply. The condo market certainly addresses part of this demand but it also is a good indication that our market is stable in the purpose-built apartment sector. The driving force behind the demand for rentals are the Millenial generation (aged anywhere between 25-44 years old). Out of all age groups in Ontario renters, Millenials have the highest percentage of people who choose to rent versus own. Primarily, it is the cost gap between the cost of ownership and the cost of renting that causes this age group to remain in the rental market long after leaving their parents’ house.When you consider the factors driving the condo market and the overall demand for rental units, CMHC indicated that the condo market should not be something we fear in the multi-unit residential sector. Our sector is strong and stable, and ultimately, almost counter-intuitively, supported by the continued development of the condo market.The ‘Forecast’No one has a crystal ball to predict the future, but when you have as much expertise and data as CMHC does, they often have a way of estimating the direction in which the rental market is heading. Ted and Dana’s presentations gave us some key insights about where we should expect the market to go in 2016 and even into 2017.The forecast on vacancy rates looked even more positive as CMHC expects the overall vacancy rates to continue to drop; stating that we could see decreases in vacancies by another 0.2% overall in 2016 through 2017. The indicators on the Job Market and the Cost Gap also indicate downward pressure is coming on vacancy rates over the next year or two. The economic data provided by CMCH shows that Ontario’s job market is on the rise. Pair this influx of working individuals with the ever increas-ing Cost Gap and it could mean that we will have more qualified tenants applying at our buildings. The Cost Gap, especially in major city markets, is ever increasing. The cost of ownership in a city like Toronto far outweighs the cost of renting. As such, many individuals remain as rent-ers but can afford to live comfortably in a rental situation because of the job market growth.Lastly, as an investor in multi-unit residential properties, the economic indications presented by CMHC show that this ‘commodity’ remains a very stable investment. When compared to other investment models, the apartment building sector has far less volatility when compared to stocks, gold, or bonds.CMHC has always provided great insight into the rental market in Ontario. This year’s annual breakfast was no different. The multi-unit residential market remains strong and worthy of further investment. If you would like to learn more about CMHC’s reporting and the individual statistics for each city and region in Ontario, I welcome you to visit our website to view them for yourself: www.skyviewrealty.com/cmhcreports.html
On January 28th, 2016, Ted Tsiakopoulos and Dana Sen-agama from CMHC presented a slew of relevant data, facts, charts, and insights that showed our multi-unit residential market was not only surviving but thriving! If you were unable to attend this year, here are some of the salient points from that breakfast seminar:Vacancy RatesAs has been the case for a number of years, the Ontario market performed greater than all other provinces, except for British Columbia, when it comes to vacancy rates. In 2015, Ontario remained steady at just above a 2% overall vacancy rate, where the overall Canadian market was closer to 3.5%.Within Ontario, the individual cities varied in their vacancy rates. CMHC indicated that some markets like Barrie and Oshawa saw decreased vacancy rates due to the demand for rental housing there. Cities like Toronto and Guelph have stayed the course and did not see a significant increase or decrease from 2014 to 2015. On the other hand, some markets saw greater vacancy increases such as Ottawa and Hamilton.As it relates to vacancy rates, immigration continued to play a factor in those rates. It was reported that 62% of immigrants coming into Canada choose to rent first upon their arrival. This influx of new families looking for housing has created a downward pressure on the overall vacancy rates.Condo MarketFor a few years now there has been some trepidation towards the condo market. Some apartment building owners saw this market as a threat when it appeared that many of the condo units coming available were being scooped up by investors to use as rental units. But there is no reason to fear the condo market according to CMHC. Their stats shows that of all the available units coming into this market through the expansion and building of new condominium properties, only one third or less are being kept as rental investment units and the remainder are being owner-occupied.We do not need to worry about the condo market infringing on our core business. Remember that condos are filling a void and not necessarily taking away from our prime target tenants. Due to the nature of condo living, with amenities inside the building and higher-end finishings and fixtures, they address the need for high-end rental living. Those individuals that choose to continue to rent in condos rather than own their property, are looking for a certain lifestyle and are willing to pay the extra rental fees above what a purpose-built apartment unit would cost in today’s mar-ket. Looking at it from the other side of the coin, this also presents an opportunity for owners of purpose-built apart-ments. Those who are willing to invest in upgrading their common areas and suite turnovers, to bring their property to a condo-style quality, have more proven rental upside potential as they can tap into the demand for these high-end units. Location and quality of property improvements certainly play a factor in determining the ability to achieve the rents at condo levels. CMHC indicated that those who have implemented these types of improvements are seeing
8647857_1716
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
Bill MorrisonSALES REPRESENTATIVE
Direct: 905-619-9500
Platinum Award WinnerSELLING REAL ESTATE FOR OVER 25 YEARS
Prime commercial corner location on 4.18 acres with detached 2 storey house. Plaza leased with 6 tenants. Huge lot close to 407 expansion.
1316_DJW_3_0058
CLARINGTON
ASKING $2,700,000
Fantastic offi ce building with lane access to fenced in yard. 10 car parking. Bathurst and Queen St. location. 2nd storey with 10' and 12' ceilings and skylight. Approx. 4100 sq ft plus useable full basement. Why lease? Very busy area with new developments.
1316_DJW_3_0052
TORONTO
ASKING $2,799,999
Attention Investors! Fully leased over 10,000 sq ft Plaza. Rexall Pharmacy, Subway, Medical. On busy location.
1316_DJW_0078
TORONTO
ASKING $3,950,000
Excellent opportunity for developers in the heart of Ajax to build stacked towns. Currently leased with 7% CAP. 3 road frontages. 200'x120' lot.
1316_DJW_0077
AJAX
ASKING $1,699,000
Corner location, great for redevelopment or nice lot. Currently leased.
1316_DJW_0075
TORONTO
Investment property. 6 units fully rented. Great location! Humber River & Lakeshore. Just listed!
1316_DJW_2_0064
MIMICO
ASKING $1,550,000
Used car lot. Property paved with lights and spaces. Offi ce with washroom on busy Simcoe Street. Tenant can stay or go. Priced to sell!
1316_DJW_2_0063
OSHAWA
ASKING $399,900
ONLY $1,380,000
User/investor opportunity withHighway 401 and Kingston Road exposure. Has existing drive thru.On 1.30 acres. 6400 sq ft building.
Renovated and updated industrial unit with Jane Street Exposure. Approx 6,066 square feet with 1 truck level door, 900 square foot finished second floor with separate entrance for extra income. Spotless unit would suit most any use. For more information contact Sam Tassone.
1716_DJW_0019
4515_DJW_0043
11305953_1316
4515_DJW_0041
Summit Realty Inc. Brokerage
(PAT)RICK MURPHY
ASSOCIATE BROKER
› Fully managed townhouse rental› Backing onto a ski resort, ski in ski out facilities› Overlooking the lake› Next to Deerhurst Resort and its proposed half of one
billion dollar Deerhurst Village› Steps away from golf, swimming, boating, fishing, skiing
and Algonquin Park› In Huntsville, Muskoka
INVESTMENT OPPORTUNITY IN MUSKOKA
EARN 9% ON YOUR CARE FREE PURCHASE!
For more information call 905-897-9555 homeiwillbe.com/valley
3 Acres: Oakville already Commercially ZonedE2 for multi use as Medical Center, Offices, VehicleStorage, Retail with Warehouse, Hotel, Restaurant& many more building permitted uses. Currentlyhas a home and Second driveway for vehiclestorage. Do not walk property without appointment.
11298089_1716
$950,000
$2,400,000
$2,850,000
SOLD
ATTENTION: Investors & DevelopersDEVELOPMENT LAND & RESTAURANT
Newly built on a very busy road going into nearby Collingwood. Fully established and professionally finished with sitting for 40 and soon additional 30 on upper level, LCBO License, all furniture included. Call today for details. 1716_DJW_0022
RESTAURANT/PUB BUILDING &LAND & BUSINESS
$1,100,000
ATTENTIONCONDO
DEVELOPERS
In the 416/905/705 area codes we will buy your excess condo inventories built or to be built up to $5m in value.
Lamba Realty Group Inc., Brokerage *Based on Commercial & Residential Sales Volume Combined in 2015
416 502-9944 24HRS
SAVE $$$ BUYING/SELLING!www.AJLamba.com
Ankit Malhotra, SalespersonAJ Lamba, Broker of Record
Excellent Opportunity to be Part of the Fast Growing Fran-chise Business! Convenience Store Located Inside Shell Gas Station in Prime Location! Great Walk-In Traffic! Income from Sales, Lottery Commis-sion + ATM Rental! Mthly Rent $9,746.25 incl (TMI+HST+ Property Tax+Common Area Main). $450,000. ID#CI0705
Convenience Store Franchise
Once In A Lifetime Opportu-nity! 10 Yr Established Italian Pizzeria in Prime Location In Busy Plaza at High Traffic In-tersection! No Franchise Fee or Royalties! Approx Sales $40,000 / Month + Very Low Rent of $3150/Month All In-clusive! Perfectly Situated Directly Across Canada Post. Turn Key Operation. $189,900.
Established Italian Pizzeria
Excellent Business Opportu-nity. Fully Turn Key Operation in Prime Location! Main Lake-shore Blvd Exposure in Busy Intersection Between Clark-son & Oakville w/High Traf-fic! Beautiful Layout w/High End Fixtures. 10 Nail Stations, 8 Pedicure Stations, 2 Wrs, 2 Waxing/Facial/Massage Beds! $180,000. ID#CI960
Established Nails Salon
Location! Location! Location! Great Business Opportunity! Very Busy Area Surround-ed by Big Businesses. Huge Place w/Inventory! Monthly Rent $7100 Including TMI & Water. Approximate Monthly Sales $30,000! Lots of Parking Available! All Chattels, Inveto-ry, Shelves & Racks Included. $175,000. ID#CI1310
Established Fabric Store
Work Less Earn More! 11 Year Established Profitable Filipino Restaurant w/Loyal Clientele in Prime Location w/Great Exposure on Street! No Fran-chise Fee/Royalties! Amazing Sales + Very Low Rent $4500 + Utilities. Perfectly Situated in Central Commercial + In-dustrial Area! Turn Key Oper-ation. $165,000. ID#CI1090
Profitable Filipino Restaurant
One Of A Kind Est. Hair Salon In Prime Location In High De-mand Plaza! Turn Key Oper-ation Grossing $9000/Week. Great Lease w/Renewal Op-tion. Owner Operated for 35 Years! Same Loc for 13 Years. Willing to Stay and Transi-tion. 1300Sqft w/10 Stations, 3 Washing Stations, 2 Wrs & 7 Stylist. $120,000. ID#CI6550
Established Hair Salon
nity! 10 Yr Established Italian Pizzeria in Prime Location In Busy Plaza at High Traffic Intersection! No Franchise Fee or Royalties! Approx Sales $40,000 / Month + Very Low Rent of $3150/Month All Inclusive! Perfectly Situated
Very Rare Opportunity for Buyers to Own Prime Land! Excellent Location Less than 1 Hr From Heart of GTA! Approx 32 Acres of Agricultural Land w/Huge Frontage. Zoned for Many Uses! Features 4 Bdrm Home Approx 3000Sqft, Holding Barn for 100’s of Livestock & Meat Processing Plant! $900,000. ID#CI5309
Meat Processing Plant
Excellent Opportunity, Estab-lished Independent Conve-nience Store w/Lotto 6/49. Growing Business in High Traffic Area Surrounded by Multiple Apartment Buildings & Schools! Turn Key Opera-tion. Great Potential. Monthly Gross Sales Approx $28,000 - $32,500 + Lottery Sales + ATM! $90,000. ID#CI0295.
Convenience Store
We Sell1 PropertyEVERY36 Hours!*36 Hours!*
1129
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COM_1716.indd 33 2016-04-22 4:26 PM
Greater Toronto Area
Commercial Real Estate & Business Opportunities
Please say you saw it in The Commercial Investor
34
Greater Toronto Area
Volume 16 Issue 04
London South - 334 Wellington Road S, N6C 4P6
CALL FOR MY EXPERTISE IN THE AREA OF STUDENT HOUSINGOPPORTUNITIES NEAR THE UNIVERSITY OF WESTERN ONTARIO & FANSHAW COLLEGE. TAKE ADVANTAGE OF MY KNOWLEDGE OF THE CITY OF LONDON BY-LAWS & RENTAL LICENCING.
Do you have children attending the University of Western Ontario?
ATTENTION INVESTORS}
NELSON CONROYSales Representative
$179,900 On Richmond Row near the University of Western Ontario. These spacious & secure 2 bedroom units are always in demand for students & profession-als.These units rent for up to $1500 per month. Call me & let's add this downtown LONDON condo to your investment portfolio.
1716_DJW_1_0027
$69,900 Vacant lot available! This is a rare opportunity to build a duplex, triplex or fourplex within the downtown core of St. Thomas. Call me directly for details,
Information provided by owner and is not warranted by Royal LePage Burloak Real Estate Services Brokerage. Subject to change without notice.
3,300 sq. ft. of office space, 5 private offices, open concept office. Great space for design
company. Tons of natural light.
FOR LEASE
1716_DJW_0023
11287063_1716
Quiet office building in central Burlington. 300-2,300 sq. ft.
Multiple suites availableGross lease, call William for
availability and rates.
FOR LEASE
1716_DJW_1_4800
2,000 sq. ft. clean industrial space. Close proximity to QEW between Guelph Line
and Walkers Line. Gross lease, call William for availability and
rates.
FOR LEASE
1716_DJW_1_4900
Quiet office space. Located in quiet West Burlington with
close access to Highway. Gross lease, call William for
availability and rates.
FOR LEASE
1716_DJW_1_0050
F o r m o r e i n f o g o t o w w w . r o n a n r e a l t y . c o mRONAN REALTY, BROKERAGEEach Office Is Independently Owned & Operated
1092
9735
_171
6
Beautiful, partially cleared building lot, approx. 4.13 acres on a paved road. Minutes to Shelburne & 1/2 hour from Alliston. Mixed bush offers complete privacy. Asking $139,900 Ingrid McNeill* 1-877-435-4336
1716_DJW_2_0014
Sensational 100 acre parcel located in South End of Hockley Valley! Five species of mature trees, great building sites, walking and riding trails and Humber River flows through! Hunter, Angler, Sportsman, Fisher Mans dream! Taxes reflect managed forest. $995,000 Marc Ronan*** 1-888-936-4216
1716_DJW_0041
84.4 acres abutting residential development in area's fastest growing community. Surrounded by existing development with two road stubs to East on municipal services. Flat, clear acreage minutes from Honda. Entirely maintenance free clean crop land. Zoned rural, in 2 deeds. Both deeds in land titles absolute. Perfect land banking earn solid crop related income while waitng for this parcel to mature to the development stage. $2,995,000 Marc Ronan*** 1-888-936-4216
1716_DJW_0042
Private Country Estate on 68 acres, unique opportunity to own your own 9 hole Golf Course, hardwood forest, ponds & equipped pro shop, workshop, ample storage & parking. Have your own private course or continue existing public play. Sprawling raised bunglaow with 3+2 bdrms, spacious principal rms, multiple walkouts to manicured lawns. Great setup for extended family or in-laws. Located near growing Town of Beeton, pride of ownership. Approx 5 acre irrigation pond, artesian drilled well services house and shop. Fabulous country setting. $1,395,000 Marc Ronan***1-888-936-4216
1716_DJW_0043
Investment opportunity on 20.2 acres abutting developer owned land. Property falls within the Hewitt Secondary Plan of City of Barrie annexed lands. Residence & 40'x80' insulated, heated workshop. Located East of Yonge, West of 20th sideroad in the City of Barrie. Excellent for builder or contractor needing inside climate controlled storage with eventual development. $1,650,000 Marc Ronan*** 1-888-936-4216
1716_DJW_0044
90 acres sand loam in Central Essa Township, currently planted with trees, long term investment with approx 46% of land leased until 2017 + 1 option. Remainder is workable land. Located near Gillespie Trail Development and Baxter. Minutes to Honda and Barrie. $799,900 Marc Ronan*** 1-888-936-4216
1716_DJW_0045
Excellent investment opportunity in growing Community of Tottenham. 4 units convenient location, close to Shopping, Dining and Schools. $429,900 Sarah Lunn* or Marc Ronan*** 1-888-936-4216
1716_DJW_0046
Great opportunity to lease 2975 sq ft detached commercial building in high growth community. Building may be altered to suit many uses. Large private parking lot. Easy access from Hwy 89. His and hers washrooms with showers, office space, storage rooms, large 2 bay shop area with floor drains and 9.5 H x 12 W drive in doors. $13.00 per sq ft Erin Chantler*1-877-435-4336
1716_DJW_0047
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Commercial Real Estate & Business Opportunities
Please say you saw it in The Commercial Investor
35
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Volume 16 Issue 04
F o r m o r e i n f o g o t o w w w . r o n a n r e a l t y . c o mRONAN REALTY, BROKERAGEEach Office Is Independently Owned & Operated
1092
9735
_171
6
Beautiful, partially cleared building lot, approx. 4.13 acres on a paved road. Minutes to Shelburne & 1/2 hour from Alliston. Mixed bush offers complete privacy. Asking $139,900 Ingrid McNeill* 1-877-435-4336
1716_DJW_2_0014
Sensational 100 acre parcel located in South End of Hockley Valley! Five species of mature trees, great building sites, walking and riding trails and Humber River flows through! Hunter, Angler, Sportsman, Fisher Mans dream! Taxes reflect managed forest. $995,000 Marc Ronan*** 1-888-936-4216
1716_DJW_0041
84.4 acres abutting residential development in area's fastest growing community. Surrounded by existing development with two road stubs to East on municipal services. Flat, clear acreage minutes from Honda. Entirely maintenance free clean crop land. Zoned rural, in 2 deeds. Both deeds in land titles absolute. Perfect land banking earn solid crop related income while waitng for this parcel to mature to the development stage. $2,995,000 Marc Ronan*** 1-888-936-4216
1716_DJW_0042
Private Country Estate on 68 acres, unique opportunity to own your own 9 hole Golf Course, hardwood forest, ponds & equipped pro shop, workshop, ample storage & parking. Have your own private course or continue existing public play. Sprawling raised bunglaow with 3+2 bdrms, spacious principal rms, multiple walkouts to manicured lawns. Great setup for extended family or in-laws. Located near growing Town of Beeton, pride of ownership. Approx 5 acre irrigation pond, artesian drilled well services house and shop. Fabulous country setting. $1,395,000 Marc Ronan***1-888-936-4216
1716_DJW_0043
Investment opportunity on 20.2 acres abutting developer owned land. Property falls within the Hewitt Secondary Plan of City of Barrie annexed lands. Residence & 40'x80' insulated, heated workshop. Located East of Yonge, West of 20th sideroad in the City of Barrie. Excellent for builder or contractor needing inside climate controlled storage with eventual development. $1,650,000 Marc Ronan*** 1-888-936-4216
1716_DJW_0044
90 acres sand loam in Central Essa Township, currently planted with trees, long term investment with approx 46% of land leased until 2017 + 1 option. Remainder is workable land. Located near Gillespie Trail Development and Baxter. Minutes to Honda and Barrie. $799,900 Marc Ronan*** 1-888-936-4216
1716_DJW_0045
Excellent investment opportunity in growing Community of Tottenham. 4 units convenient location, close to Shopping, Dining and Schools. $429,900 Sarah Lunn* or Marc Ronan*** 1-888-936-4216
1716_DJW_0046
Great opportunity to lease 2975 sq ft detached commercial building in high growth community. Building may be altered to suit many uses. Large private parking lot. Easy access from Hwy 89. His and hers washrooms with showers, office space, storage rooms, large 2 bay shop area with floor drains and 9.5 H x 12 W drive in doors. $13.00 per sq ft Erin Chantler*1-877-435-4336
1716_DJW_0047
COM_1716.indd 35 2016-04-22 4:26 PM
Greater Toronto Area
inthenews
REGENT PARK REVITALIZATION ADDS INTERNATIONAL COMMERCIAL TENANTS
Other notable services and commercial retailers that have opened their doors in Regent Park include Daniels Spectrum, Paintbox Bistro, Dundas Dental, and the Toronto Birth Centre.
To complement this retail resurgence, George Brown College has also launched a fashion hub in the neighbourhood to provide a collaborative space for community, education and industry to connect. The George Brown College Fashion Exchange is a place where immigrants and at-risk youth can receive specialized training to prepare them for entry-level positions in the fashion industry. The Apparel Fit Technician and Industrial Power Sewing programs were developed with George Brown College’s School of Fashion, Community Partnerships Office and the Ministry of Economic Development, Employment and Infrastructure.
“These new commercial outlets will offer residents quick access to services they have not had previously,” said Daniels Vice President Martin Blake. “The fact that our commercial partners are also drawing talent from the local community underscores the success of a robust retail sector that contributes to the continued vitality of Regent Park.”
The Daniels Corporation is Toronto Community Housing’s private sector developer partner for the Regent Park revitalization. Daniels Commercial Leasing team is actively seeking commercial tenants to occupy approximately 2,700 sq. ft. of Dundas St. E. storefront and 2,000 sq. ft. of Regent Park Blvd. storefront in remaining flagship commercial space. Learn more about leasing opportunities including retail, restaurant, convenience and service spaces in Toronto’s thriving downtown east by visiting www.danielshomes.ca
Regent Park’s commercial footprint will soon expand.
New tenants to open this summer include a 2,045 sq. ft. Wendy’s located at Dundas and Sumach, and a combined 1,321 sq. ft. Subway/Yogen Fruz outlet on Regent Park Blvd., which is an active hub that runs through the award-winning neighbourhood. These leading retailers will join the recently opened 10,000 sq. ft. Shoppers Drug Mart located along Dundas St, St. Michael’s Hospital Sumac Creek Health Centre occupying 26,000 sq. ft. on Regent Park Blvd., as well as national brand retailers Tim Hortons, Rogers retail store, and the FreshCo by Sobeys, which opened early on in the revitalization. The RBC branch located on Dundas St. was the first financial institution to open in Regent Park since the 1940s.
• Retail!!! Exposure!! Lots of parking! Suitable for most retail, office medical uses. Excellent Investment.
• Unit #15 - 848 sq ft - Now $299,000• Unit #17 - 977 sq ft - $366,000• Unit #20 - 980 sq ft - $368,000• Unit #21 - 1,156 sq ft - $434,000• Unit #22 & 23 - 1,849 sq ft - Now $650,000
1500 sq ft great space. Fantastic building at Hwy 7 and Hwy 27. Very easy access to Highway 3, office, reception, open boardroom, kitchenette, lots of parking available.
FOR LEASE - STEELES WEST INDUSTRIAL
1716
_DJW
_008
3
1716
_DJW
_008
2
Office/Retail Condo for lease ground � oor! Popular area, new space, tenant can design their own space or talk to owner to participate and be built into the lease. Good for Medical Uses, Health Centre, Professional Of-� ce, Accountant, Real Estate, Mortgage Business, Law, Education Facility, Car Rental.
FOR LEASE - $15.00 PER SQ. FT.
1716_DJW_0085
With 2130 square feet approx. half rented on 5 yr deal, in a brand new office building in Vaughan, the other 1000 sq feet can be occupied by an office user or retail user or you have opportunity to � nd another tenant for the remaining 1000 sq feet. Present net income on half the unit is approx. 16K net income. See Broker for more details.
INVESTMENT PROPERTY FOR SALE
COM_1716.indd 36 2016-04-22 4:26 PM
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inthenews
REGENT PARK REVITALIZATION ADDS INTERNATIONAL COMMERCIAL TENANTS
Other notable services and commercial retailers that have opened their doors in Regent Park include Daniels Spectrum, Paintbox Bistro, Dundas Dental, and the Toronto Birth Centre.
To complement this retail resurgence, George Brown College has also launched a fashion hub in the neighbourhood to provide a collaborative space for community, education and industry to connect. The George Brown College Fashion Exchange is a place where immigrants and at-risk youth can receive specialized training to prepare them for entry-level positions in the fashion industry. The Apparel Fit Technician and Industrial Power Sewing programs were developed with George Brown College’s School of Fashion, Community Partnerships Office and the Ministry of Economic Development, Employment and Infrastructure.
“These new commercial outlets will offer residents quick access to services they have not had previously,” said Daniels Vice President Martin Blake. “The fact that our commercial partners are also drawing talent from the local community underscores the success of a robust retail sector that contributes to the continued vitality of Regent Park.”
The Daniels Corporation is Toronto Community Housing’s private sector developer partner for the Regent Park revitalization. Daniels Commercial Leasing team is actively seeking commercial tenants to occupy approximately 2,700 sq. ft. of Dundas St. E. storefront and 2,000 sq. ft. of Regent Park Blvd. storefront in remaining flagship commercial space. Learn more about leasing opportunities including retail, restaurant, convenience and service spaces in Toronto’s thriving downtown east by visiting www.danielshomes.ca
Regent Park’s commercial footprint will soon expand.
New tenants to open this summer include a 2,045 sq. ft. Wendy’s located at Dundas and Sumach, and a combined 1,321 sq. ft. Subway/Yogen Fruz outlet on Regent Park Blvd., which is an active hub that runs through the award-winning neighbourhood. These leading retailers will join the recently opened 10,000 sq. ft. Shoppers Drug Mart located along Dundas St, St. Michael’s Hospital Sumac Creek Health Centre occupying 26,000 sq. ft. on Regent Park Blvd., as well as national brand retailers Tim Hortons, Rogers retail store, and the FreshCo by Sobeys, which opened early on in the revitalization. The RBC branch located on Dundas St. was the first financial institution to open in Regent Park since the 1940s.
All Listings are MLS unless otherwise noted. Not intended to solicit clients already under contract. *Based on Re/Max Canada commissions in 2014 1st Q
EXCLUSIVE
PRINCIP
ALS ONLY
EXCLUSIVE
OFFICE SPACE! DON MILLS / LAWRENCE
Stunning 3383 Sq. Ft. office space in rarely offered, modern class ‘A’ office building at prime ‘Shops At Don Mills’ location! Current medical office w/hundreds of thousands in superb leaseholds. Can be used for any professional use; tons of windows/great views!. $18.95/Sq Ft. Net
TORONTO WESTAPARTMENT BUILDINGHULLMARK CENTRE OFFICE SPACE
PRIME MISSISSAUGAAUTO LOCATION
YOUR BUSINESS HERE
Attention Investors! A 96 unit, low maintenance apartment building located in a superb West Toronto location. Sitting on over 2 acres this practically runs itself and with rarely any vacancy! $13,250,000
Turn-key 4,354 Sq Ft automotive operation in modern high traffic Mississauga Plaza! Previous Goodyear location at busy Dundas/Mavis intersection. Beautiful exterior w/ amazing street exposure! Large reception/sales area, huge garage w/ 19+ft ceilings, large mezzanine, 3 front bay doors & 3 rear bay doors! $23.50/Sq. Ft. Net
Premium office space at Tridel’s new Hullmark Centre at Yonge & Sheppard! Approx. 916 gross Sq. Ft. with floor to ceiling windows overlooking Yonge St. and underground access to two subway lines! For Sale! Call for pricing!
WORLDWIDE TROPHY ASSETS! PRINCIPALS ONLY
• Downtown Manhattan skyscraper! Both comm & retail space: $975M• Las Vegas, NV casino! 21 floors on approx. 37 acres $475M• Brooklyn hotel, popular hotel chain, over 320 rms $169 M• Las Vegas, NV hotel / casino over 3,800 rms, 80% complete $470M• NY City hotel, 140 rms, 3 star asset, approx. 5% CAP $103M
1127
6658
_171
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**
** Sales Person + Broker
**+ The Direct Source For All Your Mortgage Needs
Providing Financing for Commercial and Residential Properties
1-877-777-7308 Verico The Mortgage Leaders Inc.FSCO License # 10238
Commercial and Residential Properties
Residential Mortgages (1.95% 5 Year Variable)
Private Funds from 4.99% in the GTA - Bad Credit, No Income Verifi cation OK
1st and 2nd Mortgages
0% Down Payment Residential Purchases
Lines of Credit
Commercial Mortgages
Construction Financing
Multi-Family Properties - CMHC Insured Up To 85% or Conventional
All Listings are MLS unless otherwise noted. Not intended to solicit clients already under contract. *Based on Re/Max Canada commissions in 2014 1st Q
EXCLUSIVE
PRINCIP
ALS ONLY
EXCLUSIVE
OFFICE SPACE! DON MILLS / LAWRENCE
Stunning 3383 Sq. Ft. office space in rarely offered, modern class ‘A’ office building at prime ‘Shops At Don Mills’ location! Current medical office w/hundreds of thousands in superb leaseholds. Can be used for any professional use; tons of windows/great views!. $18.95/Sq Ft. Net
TORONTO WESTAPARTMENT BUILDINGHULLMARK CENTRE OFFICE SPACE
PRIME MISSISSAUGAAUTO LOCATION
YOUR BUSINESS HERE
Attention Investors! A 96 unit, low maintenance apartment building located in a superb West Toronto location. Sitting on over 2 acres this practically runs itself and with rarely any vacancy! $13,250,000
Turn-key 4,354 Sq Ft automotive operation in modern high traffic Mississauga Plaza! Previous Goodyear location at busy Dundas/Mavis intersection. Beautiful exterior w/ amazing street exposure! Large reception/sales area, huge garage w/ 19+ft ceilings, large mezzanine, 3 front bay doors & 3 rear bay doors! $23.50/Sq. Ft. Net
Premium office space at Tridel’s new Hullmark Centre at Yonge & Sheppard! Approx. 916 gross Sq. Ft. with floor to ceiling windows overlooking Yonge St. and underground access to two subway lines! For Sale! Call for pricing!
WORLDWIDE TROPHY ASSETS! PRINCIPALS ONLY
• Downtown Manhattan skyscraper! Both comm & retail space: $975M• Las Vegas, NV casino! 21 floors on approx. 37 acres $475M• Brooklyn hotel, popular hotel chain, over 320 rms $169 M• Las Vegas, NV hotel / casino over 3,800 rms, 80% complete $470M• NY City hotel, 140 rms, 3 star asset, approx. 5% CAP $103M
1127
6658
_171
6
**
** Sales Person + Broker
**+ The Direct Source For All Your Mortgage Needs
Providing Financing for Commercial and Residential Properties
1-877-777-7308 Verico The Mortgage Leaders Inc.FSCO License # 10238
Commercial and Residential Properties
Residential Mortgages (1.95% 5 Year Variable)
Private Funds from 4.99% in the GTA - Bad Credit, No Income Verifi cation OK
1st and 2nd Mortgages
0% Down Payment Residential Purchases
Lines of Credit
Commercial Mortgages
Construction Financing
Multi-Family Properties - CMHC Insured Up To 85% or Conventional
LCBO & GAS BARGreat turn key business on Hwy #65 West, in Kenabeek. Includes Gas & Diesel, Variety Store, LCBO, Lotto, Bottle return, Post Office, large 5 bedroom apartment, garage all on 1.47 acres. Lots of potential here for variety of uses with no zoning. Asking $249,900. MLS 152104
0516
_DJW
_1_0
040
COBALTLarge solid block 4739 sq' building downtown. Former Grocery Store, recently used for storage by Mining Com-pany. Many possible uses here. Asking only $64,900. MLS 152021
0516
_DJW
_2_0
041
$59,900 Affordable 2+1 bedroom bungalow with walk out basement. Extra lot in the back for parking. Rented for $600/mth plus utilities. Excellent income or investment opportunity. Cobalt. MLS 150148
0516
_DJW
_002
0
RESTAURANTTurn key set up, good condition & high traffic location on Hwy #11 in Latchford. Lots of parking, only restaurant in the area. Asking only $89,900. MLS 153116.
0516
_DJW
_3_0
018
GAS STATIONLarge 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 $159,900. MLS 152302
0516
_DJW
_1_0
033
HIGHWAY #11 Great location for visibility & access. Surrounded by Hwy #11, #569 & Development Road. Fully fenced & graveled 2.34 acre property with 3 gated entrances. 40' x 60' 3 year old well insulated shop with office & storage. Lots of po-tential with general Industrial Zoning 9 miles north of New Liskeard. Asking $229,900. MLS 153288
3 Acres: Oakville already Commercially ZonedE2 for multi use as Medical Center, Offices, VehicleStorage, Retail with Warehouse, Hotel, Restaurant& many more building permitted uses. Currentlyhas a home and Second driveway for vehiclestorage. Do not walk property without appointment.
11307671_1716
$950,000
$2,400,000
$2,850,000
SOLD
$1,100,000
RESTAURANT/PUB BUILDING & LAND & BUSINESS
Newly built on a very busy road going into nearby Collingwood. Fully established and professionally finished with sitting for 40 and soon additional 30 on upper level, LCBO License, all furniture included. Call today for details.
1716_DJW_0073
$1,100,000• Well established retirement town, starting to grow again.
• Paris Plaza has space from 800 sq ft to 3000 sq ft. with opportunity to combine for large requirements.
• Space for a Former Mini Mart open for 30 years, • Office and retail also available.• Take a look at moving your business here.
new homes or substantially renovating their existing waterfront homes.
• There were a total of 137 waterfront sales reported in 2015 by The Toronto Real Estate Board compared to 119 sales in 2014.
• Oro-Medonte reported the highest percentage price year-over-year with a 29.3 per cent increase in the average selling price.
Georgina’s waterfront sales continue to demonstrate strong growth and demand by buyers in a wide price range. The close proximity to Toronto makes this area popular with commuters to Toronto and the GTA.
Beaverton waterfront real estate is a bargain when compared to other areas, particularly since most properties are direct waterfront with the shoreline deeded to the property. The remarkable feature of the eastern shore is the gorgeous western sunset views that are unprecedented in other areas with few exceptions.
The Oro-Medonte area is particularly popular with buyers seeking a waterfront home that also offers quick access to ski country during the winter months. This area enjoyed the largest increase in the average selling price year-over-year.
In 2015, Innisfil experienced a reduction in the average selling price since 2014. This is due to a reduction in the number of sales over $1.5 million that dropped from seven sales in 2014 to only two reported sales in 2015.
Orillia had a consistent number of sales with an average increase to waterfront values of 9.7 per cent. The waterfront market has been performing consistently over the past 24-months in this area, which is considered the most northerly point on Lake Simcoe.
For reporting purposes we have not included sales under $300,000 and only Lake Simcoe properties were included in the analysis. Riverfront properties were excluded. All statistics obtained from both Toronto and Barrie Real Estate Boards.
Community Highlights: http://goo.gl/2f0Wpp
With the allure of owning a recreational
waterfront property in cottage country on the rise, it’s no surprise Real Estate Broker Roxanne Henderson’s analysis (http://goo.gl/n9iKyp) of the number of Lake Simcoe waterfront sales in 2015 shows an increase of 15 per cent since 2014.
As an update on other cottage country areas, according to Chestnut Park’s Muskoka and Area Report all of the markets encompassed by the Muskoka and Area Realtor’s Association reported a 23 per cent increase in sales compared to 2014. The Haliburton Highlands also reported a 30 per cent increase and the Muskoka’s big lakes, Lake Joe, Lake Rousseau, and Lake Muskoka, have produced increased sales for three consecutive years. The results achieved are 19 and 31 per cent in 2014 and 2015.
LAKE SIMCOE RECREATIONAL PROPERTY HIGHLIGHTS:
• Many Lake Simcoe dwellers describe waterfront property as their second home rather than their seasonal cottage.
• Lake Simcoe’s proximity to Toronto enables homeowners to enjoy their recreational property all year long.
• With 240 km of shoreline around Lake Simcoe and several distinct communities it is not surprising to see a wide range of market values around the Lake.
• Construction continues to dot the shoreline as more people are building
COM_1716.indd 42 2016-04-22 4:26 PM
EASTERNONTARIOSECTIONCOVERING:Lindsay Peterborough Port Hope Bowmanville
new homes or substantially renovating their existing waterfront homes.
• There were a total of 137 waterfront sales reported in 2015 by The Toronto Real Estate Board compared to 119 sales in 2014.
• Oro-Medonte reported the highest percentage price year-over-year with a 29.3 per cent increase in the average selling price.
Georgina’s waterfront sales continue to demonstrate strong growth and demand by buyers in a wide price range. The close proximity to Toronto makes this area popular with commuters to Toronto and the GTA.
Beaverton waterfront real estate is a bargain when compared to other areas, particularly since most properties are direct waterfront with the shoreline deeded to the property. The remarkable feature of the eastern shore is the gorgeous western sunset views that are unprecedented in other areas with few exceptions.
The Oro-Medonte area is particularly popular with buyers seeking a waterfront home that also offers quick access to ski country during the winter months. This area enjoyed the largest increase in the average selling price year-over-year.
In 2015, Innisfil experienced a reduction in the average selling price since 2014. This is due to a reduction in the number of sales over $1.5 million that dropped from seven sales in 2014 to only two reported sales in 2015.
Orillia had a consistent number of sales with an average increase to waterfront values of 9.7 per cent. The waterfront market has been performing consistently over the past 24-months in this area, which is considered the most northerly point on Lake Simcoe.
For reporting purposes we have not included sales under $300,000 and only Lake Simcoe properties were included in the analysis. Riverfront properties were excluded. All statistics obtained from both Toronto and Barrie Real Estate Boards.
Community Highlights: http://goo.gl/2f0Wpp
With the allure of owning a recreational
waterfront property in cottage country on the rise, it’s no surprise Real Estate Broker Roxanne Henderson’s analysis (http://goo.gl/n9iKyp) of the number of Lake Simcoe waterfront sales in 2015 shows an increase of 15 per cent since 2014.
As an update on other cottage country areas, according to Chestnut Park’s Muskoka and Area Report all of the markets encompassed by the Muskoka and Area Realtor’s Association reported a 23 per cent increase in sales compared to 2014. The Haliburton Highlands also reported a 30 per cent increase and the Muskoka’s big lakes, Lake Joe, Lake Rousseau, and Lake Muskoka, have produced increased sales for three consecutive years. The results achieved are 19 and 31 per cent in 2014 and 2015.
LAKE SIMCOE RECREATIONAL PROPERTY HIGHLIGHTS:
• Many Lake Simcoe dwellers describe waterfront property as their second home rather than their seasonal cottage.
• Lake Simcoe’s proximity to Toronto enables homeowners to enjoy their recreational property all year long.
• With 240 km of shoreline around Lake Simcoe and several distinct communities it is not surprising to see a wide range of market values around the Lake.
• Construction continues to dot the shoreline as more people are building
COM_1716.indd 43 2016-04-22 4:26 PM
Eastern Ontario
Commercial Real Estate & Business Opportunities
Please say you saw it in The Commercial Investor
44
Eastern Ontario
Volume 16 Issue 04
Jack Huitema Broker of Record
905-774-7624
220 Broad Street East,Dunnville, ON N1A 1G2
Each Offi ce Is Independently Owned & Operated
www.coldwellbanker.com11279879_1716
Open year round. 3.8 acres with 34,000 sq. ft. of Greenhouse. Natural gas heat. 3600 sq. ft. steel building houses store and retail space. Large parking lot. Business showing excellent returns. Vendor will assist new owner.
1716_DJW_2_0016
BRIGHTON - FULL SERVICE GARDEN CENTRE
1716_DJW_2_0017
4 bedrm main brick house, + 2 bedrm help house. 2 barn operation with 60,000 sq. ft. of slatted floor with nest-ing and egg collection to 2 packer and egg grading. Large new cooler room and water reservoir + water treatment room. Auto back up generator.
1716_DJW_2_0037
ST. ANNS - POULTRY OPERATION ON 50 ACRES
1716_DJW_1_0038
1130
6878
_171
6
ProAlliance RealtyBrokerage
Independently Owned & Operated
BRUCE COOKE BBA, CCIM, SIORCommercial Sales Representative
For more information go to www.10douglas.comASKING $2,690,000
TRENTON INCOME PROPERTY
1716
_DJW
_006
6
8305397_1716
1716
_DJW
_006
7
• Located across from Hospital• 18,000 s/f total rentable area• Spaces are separately metered for utilities• Medical Clinic and Pharmacy main level
www.274dundas.comASKING PRICE $2,980,000
MEDICAL BUILDING
1716
_DJW
_1_0
177
• 4 acres• Currently 30 unit motel• Under receivership, make an offer
www.parkmoteltrenton.comASKING PRICE 1.6 MILLION
MUST SELL
1716
_DJW
_1_0
064
• Currently 20 beds• Site plan for 20 additional beds• Located in downtown core
www.stirlingtowers.comASKING $1.8 MILLION
RETIREMENT HOME
1716
_DJW
_1_0
089
• Bancroft downtown core
• Site size 2.16 acres• Site plan, engineering
studies, zoning in place for 18 residential rental units and 12 new town-house condominiums
www.emeraldhill.caASKING PRICE $895,000
PRIME DEVELOPMENT SITE
1716
_DJW
_1_0
097
• 18,030 sq. ft. building• On 3591 acres• Formerly S.H. Connor Public School• For sale in "as is", "where is" condition• www.ekortrealty.com
ASKING PRICE $250,000
PERFECT SMALL TOWN
1716
_DJW
_2_0
060
• Includes all restaurant equipment (as-is)• Restaurant not operating• Retrofit up to 6 residential units (now vacant)• Residential floors have not been occupied for 12 yrs.
www.chinagate.caASKING $395,000!!!
RESTAURANT/APARTMENTS
1716
_DJW
_2_0
065
• Approximately 9.5 acres• Site plan Includes 10 storey 116 unit high rise, 65 residential
townhouses, & 6 residential lots• Prime location close to neighbourhood plaza, schools and churches
• Long term lease - CARE FREE to landlord• International Company covenant• "Clean" facility - manufacture medical supplies• 58,000 s/f facility - 15 years old
For more information go to www.10douglas.comASKING $2,690,000
TRENTON INCOME PROPERTY
1716
_DJW
_006
6
8305397_1716
1716
_DJW
_006
7
• Located across from Hospital• 18,000 s/f total rentable area• Spaces are separately metered for utilities• Medical Clinic and Pharmacy main level
www.274dundas.comASKING PRICE $2,980,000
MEDICAL BUILDING
1716
_DJW
_1_0
177
• 4 acres• Currently 30 unit motel• Under receivership, make an offer
www.parkmoteltrenton.comASKING PRICE 1.6 MILLION
MUST SELL
1716
_DJW
_1_0
064
• Currently 20 beds• Site plan for 20 additional beds• Located in downtown core
www.stirlingtowers.comASKING $1.8 MILLION
RETIREMENT HOME
1716
_DJW
_1_0
089
• Bancroft downtown core
• Site size 2.16 acres• Site plan, engineering
studies, zoning in place for 18 residential rental units and 12 new town-house condominiums
www.emeraldhill.caASKING PRICE $895,000
PRIME DEVELOPMENT SITE
1716
_DJW
_1_0
097
• 18,030 sq. ft. building• On 3591 acres• Formerly S.H. Connor Public School• For sale in "as is", "where is" condition• www.ekortrealty.com
ASKING PRICE $250,000
PERFECT SMALL TOWN
1716
_DJW
_2_0
060
• Includes all restaurant equipment (as-is)• Restaurant not operating• Retrofit up to 6 residential units (now vacant)• Residential floors have not been occupied for 12 yrs.
www.chinagate.caASKING $395,000!!!
RESTAURANT/APARTMENTS
1716
_DJW
_2_0
065
• Approximately 9.5 acres• Site plan Includes 10 storey 116 unit high rise, 65 residential
townhouses, & 6 residential lots• Prime location close to neighbourhood plaza, schools and churches
• Long term lease - CARE FREE to landlord• International Company covenant• "Clean" facility - manufacture medical supplies• 58,000 s/f facility - 15 years old
www.155murray.comASKING PRICE $4.1 MILLION
INVESTMENT PROPERTY
1716
_DJW
_2_0
078
NEW
REDUCED
REDUCED
NEWNEW
PRICEREDUCEDTO $1.6M
NEWLISTING
SOLD
COM_1716.indd 45 2016-04-22 4:26 PM
NIAGARASECTIONCOVERING:Niagara Falls Niagara-on-the-Lake St. CatharinesThorold
Welland Fort Erie BeamsvilleFonthill Port Colborne
For advertisingcontact Doreen WillsTel: 1-800-268-0077 or [email protected]@ypnexthome.ca
NIAGARA
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
STRONG DEMAND AND LIMITED SUPPLY KEEPS COMMERCIAL REAL ESTATE PRICES HIGH; Sends investors looking to secondary markets in Canada
• Demand for space in industrial properties continued to match or exceed supply, leading to stable fundamentals, despite the relatively weak economy
CANADA FACES A CONTINUED MODEST MARKET SUPPLY OF COMMERCIAL REAL ESTATE PROPERTIES
The shortage of high-quality commercial properties for sale, relative to investor capital looking for real estate investments, continued to characterize the Canadian commercial investment property market in the first quarter of 2016.
“A low Canadian dollar, the continued low interest rate environment, and the belief that the sector is a source of stable returns continue to make the Canadian real estate market a strong lure for foreign investors,” said Keith Reading, Director of Research at Morguard. “Foreign investment interests continue to revolve around high quality commercial properties in the Vancouver and Toronto markets.”
However, the report shows that deals involving core quality real estate assets have been infrequent and asset values have been holding near their peak, sending many investors looking to secondary markets for opportunities.
OFFICE LEASING MARKETS CONTINUE TO WEAKEN
Demand for office space remained weak in the first quarter of 2016, largely the result of the weak economy and sagging energy prices. At the same time, two million square feet of new office space came onto the market across Canada, pushing the national vacancy rate up 30 basis points to 12.5 per cent.
However, space demand continued in Vancouver and Toronto, with Montreal also showing well. Urban centres saw a modest increase in occupancy, reflecting the first quarterly progress after two materially negative results in 2015.
MULTI-SUITE RESIDENTIAL MARKETS ATTRACT INVESTORS
Multi-suite residential properties are in high demand for investors. The short supply in major city centres has investors looking to secondary markets like Hamilton and London, Ontario, for stable returns. While some new construction is occurring, most new stock coming onto the market are older multi-suite residential properties previously held privately.
“When the economy is weak, people put off purchasing to some degree, which bolsters rental demand,” said Reading. “The consistently healthy migration to Canada from other countries also has stabilized demand for rental accommodation.”
REAL ESTATE ASSET MANAGERS GETT CREATIVE TO ENHANCE RETURNS
With core asset investment properties in short supply, commercial real estate companies continue to look at ways to enhance returns from existing assets.
“With the commercial market as it is today in Canada, asset managers need to get creative and find innovative ways to obtain more value from existing properties. Experienced asset managers and real estate investment companies understand that success in current market conditions is often the product of strategic space development,” said Reading. “Developing innovative new uses for spaces is a trend we’re increasingly seeing – particularly across mixed-use properties – as managers look to generate stronger returns from their owned and existing portfolios.”
To download the first quarter 2016 Economic Outlook and Market Fundamentals Report, visit http://www.morguard.com/news-knowledge/research.
www.morguard.com
Morguard Corporation recently released its first quarter
2016 Economic Outlook and Market Fundamentals Report – an analysis of trends and activity in the Canadian investment real estate market. Despite uncertainty in Canada’s economy, a number of real estate asset classes continue to attract strong investor interest – particularly in Ontario and British Columbia, while ongoing weakness in energy prices continues to place a drag on the commercial office leasing market, particularly in Calgary, Alberta.
Q1 2016 KEY FINDINGS
• Canada’s low dollar continues to make real estate attractive to foreign investors
• A limited supply of core quality commercial properties is keeping prices high and causing some investors to look to secondary markets for value – particularly multi-suite residential
• Canada’s office leasing market is in a corrective phase. In particular, weak energy prices continue to leave the Calgary office sector in decline, with excess supply putting downward pressure on rents for many owners
• The Greater Vancouver Area continues to see strong performance, with the industrial availability rate at just 4.1 per cent, despite 1.1 million square feet of new space added to inventory in Q1
COM_1716.indd 46 2016-04-22 4:26 PM
NIAGARASECTIONCOVERING:Niagara Falls Niagara-on-the-Lake St. CatharinesThorold
Welland Fort Erie BeamsvilleFonthill Port Colborne
For advertisingcontact Doreen WillsTel: 1-800-268-0077 or [email protected]@ypnexthome.ca
NIAGARA
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
STRONG DEMAND AND LIMITED SUPPLY KEEPS COMMERCIAL REAL ESTATE PRICES HIGH; Sends investors looking to secondary markets in Canada
• Demand for space in industrial properties continued to match or exceed supply, leading to stable fundamentals, despite the relatively weak economy
CANADA FACES A CONTINUED MODEST MARKET SUPPLY OF COMMERCIAL REAL ESTATE PROPERTIES
The shortage of high-quality commercial properties for sale, relative to investor capital looking for real estate investments, continued to characterize the Canadian commercial investment property market in the first quarter of 2016.
“A low Canadian dollar, the continued low interest rate environment, and the belief that the sector is a source of stable returns continue to make the Canadian real estate market a strong lure for foreign investors,” said Keith Reading, Director of Research at Morguard. “Foreign investment interests continue to revolve around high quality commercial properties in the Vancouver and Toronto markets.”
However, the report shows that deals involving core quality real estate assets have been infrequent and asset values have been holding near their peak, sending many investors looking to secondary markets for opportunities.
OFFICE LEASING MARKETS CONTINUE TO WEAKEN
Demand for office space remained weak in the first quarter of 2016, largely the result of the weak economy and sagging energy prices. At the same time, two million square feet of new office space came onto the market across Canada, pushing the national vacancy rate up 30 basis points to 12.5 per cent.
However, space demand continued in Vancouver and Toronto, with Montreal also showing well. Urban centres saw a modest increase in occupancy, reflecting the first quarterly progress after two materially negative results in 2015.
MULTI-SUITE RESIDENTIAL MARKETS ATTRACT INVESTORS
Multi-suite residential properties are in high demand for investors. The short supply in major city centres has investors looking to secondary markets like Hamilton and London, Ontario, for stable returns. While some new construction is occurring, most new stock coming onto the market are older multi-suite residential properties previously held privately.
“When the economy is weak, people put off purchasing to some degree, which bolsters rental demand,” said Reading. “The consistently healthy migration to Canada from other countries also has stabilized demand for rental accommodation.”
REAL ESTATE ASSET MANAGERS GETT CREATIVE TO ENHANCE RETURNS
With core asset investment properties in short supply, commercial real estate companies continue to look at ways to enhance returns from existing assets.
“With the commercial market as it is today in Canada, asset managers need to get creative and find innovative ways to obtain more value from existing properties. Experienced asset managers and real estate investment companies understand that success in current market conditions is often the product of strategic space development,” said Reading. “Developing innovative new uses for spaces is a trend we’re increasingly seeing – particularly across mixed-use properties – as managers look to generate stronger returns from their owned and existing portfolios.”
To download the first quarter 2016 Economic Outlook and Market Fundamentals Report, visit http://www.morguard.com/news-knowledge/research.
www.morguard.com
Morguard Corporation recently released its first quarter
2016 Economic Outlook and Market Fundamentals Report – an analysis of trends and activity in the Canadian investment real estate market. Despite uncertainty in Canada’s economy, a number of real estate asset classes continue to attract strong investor interest – particularly in Ontario and British Columbia, while ongoing weakness in energy prices continues to place a drag on the commercial office leasing market, particularly in Calgary, Alberta.
Q1 2016 KEY FINDINGS
• Canada’s low dollar continues to make real estate attractive to foreign investors
• A limited supply of core quality commercial properties is keeping prices high and causing some investors to look to secondary markets for value – particularly multi-suite residential
• Canada’s office leasing market is in a corrective phase. In particular, weak energy prices continue to leave the Calgary office sector in decline, with excess supply putting downward pressure on rents for many owners
• The Greater Vancouver Area continues to see strong performance, with the industrial availability rate at just 4.1 per cent, despite 1.1 million square feet of new space added to inventory in Q1
COM_1716.indd 47 2016-04-22 4:26 PM
Niagara Peninsula
Commercial Real Estate & Business Opportunities
Please say you saw it in The Commercial Investor
48
Niagara Peninsula
Volume 16 Issue 04
One of Port Colborne's most established family restaurants, featuring 70 seat dining room, 30 seat bar area and bonus 30 seat private room. Functional fully equipped kitchen with walk in cooler and bonus basement storage and prep space. 2 or 3 bed upper apartment with patio, ideal for on site owners or possible rental. This property is ideally located in the heart of town but also on Main St/Hwy 3 with thousands of passers by daily with on site parking this property has it all and is truly turn key with a menu to satisfy all or a canvas to create your own possibilities!
Direct: 905-650-4741Offi ce: 905-834-900011
2988
70_1
716
Carlie SmithSALES REPRESENTATIVELicensed Assistant toMichael Smith
80 completely renovated rooms with restaurant and conference hall. Almost $1 million in annual gross revenue. Located right around the corner from Clifton Hill business district. Only 30% down payment to quali� ed buyer.
5915 CLARK ST; NIAGARA FALLS EMPRESS INN & SUITES $4.5 MILLION
Motel/Lodge consisting of 12 refurbished rooms with a main house Managers suite with living quarters, all surrounded by an abundance of � owers and greenery. Great return on Investment. Ideal for family run business. Minutes walk to Falls & Casinos.
27 rooms newly renovated (over $700,000 in upgrades), $180,000 in gross yearly revenue, low taxes, huge property with room to develop, only 30% down payment to quali� ed buyer.
8627 LUNDY'S LANE, NIAGARA FALLS "A-1 STAR INN" $1.2 MILLION
1716_DJW_0018
1716_DJW_1_0026
1716_DJW_1_0043
20 units and up anywhere in the GTA, Oshawa, Niagara or London area.Also have 7 more Motels for sale priced up to $12.5 Million.
WANTED: APARTMENTS
905-358-9800 | 1-877-357-7346Niagara Region
FOR BUYERS ONLY
FOR BUYERS ONLY
Investment Opportunity - Niagara Motel 6 Located in the prime tourist hub of Niagara Falls
132 rooms, 6 � oors, 160,000 sq ft on 1.22 acres Indoor pool,and multiple amenities Opportunity for future growth
OFFERED AT $10,500,000Contact Greg Chew, Sales Representative
Colliers International Niagara Ltd.,Real Estate Brokerage4056 Dorchester Road, Niagara Falls ON L2E 6M9www.collierscanada.com905-354-7413
Accelerating success.Global leadership in real estate solutions.
BROKERAGE
APPRAISALS
MANAGEMENT
COM_1716.indd 49 2016-04-22 4:26 PM
Niagara Peninsula
Commercial Real Estate & Business Opportunities
Please say you saw it in The Commercial Investor
50
Niagara Peninsula
Volume 16 Issue 04
Well established Restaurant & Bar, located in an established business area of the city. Family operated with large seating, licenced area, asking $179,000 or best offer, all inclusive - owner retiring.
1716_DJW_0078
Restaurant & Bar - located on one of the main streets of the city, exposed to all incoming traffic. Breakfast lunch and dining room areas, all LLBO licenced. On site paved parking. Listed at $399,000. Take advantage of tourism season coming up.
1716_DJW_0079
Only two spaces left for your business venture. Long list of Triple "A" tenants, including Shoppers Drug Mart, large Real Estate Office, Medical Clinic, Insurance Office, Dental, Physio and much more. Landlord incentives. Call now.
Great investment potential multi-suite apartment building a stone's throw away from new school of architecture & downtown core. Great potential on the upside with a little TLC. Building consists of 1-bachelor, 11-1 bedroom. 6-2 bedroom units. LS #N30057091
Diamond in the rough!!! 9 unit multi-residential building. Minutes from the downtown core. Mixed suites of 1, 2, & 3 bedroom units. Building in need of total overhaul. Huge potential on upside!! Vendor very motivated. "Bring all offers". More details available. MLS #N30056917
Prime land waiting for development!!! 40x120 lots fronting on Victoria Ave. General commercial zoning countless permitteduses. B&B health centre, restaurant, parking lots. The list goes on. Must be purchased with 5319 Victoria Ave. which is also 40x120, totalling 80 ft frontage on Victoria Ave & 120 ft frontage on Stamford St. MLS #N30066317 MLS #N300566316
2 3-acre parcels light industrial land on Allansport Road in Thorold, South of Highway #20. Many industrial uses; 185.02x713.967 in size. MLS #N30057264
Look no further!!! Hidden cash cow!!!! 22-3 bedroom townhomes sprawled over 2 acres. Great complex. Ample parking. Tons of potential with some TLC. Roof 09. Partial hot water gas boilers for radiant heat approx 10 yrs old. Located in Chelmsford Ontario. Don't miss out on this great investment. Seller very motivated. MLS #N30057037
This prime development 4.75 acre vacant land is located near new Niagara Outlet Mall on QEW & Glendale Ave, near Tim Horton's, Wendy's, Hilton Hotel. Next to new RCMP complex & Harley David Dealership. Minutes to N. Falls, U.S. Border & St. Catharines. Zoned prestige industrial.
YORK RD, NOTL GATEWAY
1716
_DJW
_1_0
009
$1,995,000
Huge corner site, can develop over 50,000 sq. ft. with high traffic. This is one of the best development opportunities in Fonthill! Located across the street from Sobeys, the new LCBO and the new 500 acre Fonthill East Development. Only a short walk to downtown Fonthill. Was home to former truss manufacturing operation and still has 30,000 square feet of buildings on site. 3 entrances - 1 off Highway 20 and 2 off Station Street. Phase II Environmental completed. Fully serviced. Approximate dimensions are 441 feet x 575 feet (irregular). 16,000 cars drive by this site daily, do not miss this significant opportunity to be a part of Fonthill's growth! Development charge credits included with the property. Lease from $15.00 sq ft triple net, 2500-16,000 sq, ft, Don't miss this one!
105 #20 HWY, FONTHILL
1716
_DJW
_001
1
$2,400,000
Fully occupied, modern, 2 storey office building, on 1 acre with 70 parking spots, in a high traffic location within Niagara's commercial core. Currently occupied by a Triple A financial institution (main floor) and a real estate office (2nd floor). Features a full finished basement that is cur-rently used for training and development space & record storage. Elevator provides accessible access to the 2nd floor and basement. Building was extensively renovated and modernized in 2007. Ample outdoor parking available on site. Site zoned general commercial (C3). Minutes to high-way 406. All leases triple net. Excellent Investment with a 9.6% cap rate.
637 NIAGARA ST, WELLAND
1716
_DJW
_001
2
$2,400,000
Calling all Entrepreneurs! Rare opportunity to set up shop in downtown Virgil on one of Niagara's busiest tourism corridors! Located across the street from Silversmith Brewery, 2 minutes from Trius and 9 minutes from Downtown Niagara on the Lake (by car). Property is zoned Village Commercial - open a brewery, art/photography studio, Inn, retail store, restaurant, tavern, bakery, professional office...the list goes on! Has operated as the Lawrenceville Restaurant & Inn for the last 37 years. Site includes 2 buildings: the restaurant (2650 sq feet) and the Inn (1,800 sqaure feet - 5 units). All in rooms have ensuite bathrooms. 23 parking spaces available on site. Restaurant patio seats 40. Site includes 54 x 128 foot vacant commercial lot. Land and buildings for sale only. Showings on Mondays - by appointment only. Current owners have happily run their family business for the past 38 years and are motivated to being their retirement.
1504-1508 NIAGARA STONE RD, NOTL
1716
_DJW
_001
3
$950,000
BUSINESS INVESTORS
BUSINESSINVESTORSThe perfect place to list all of your businesses opportunities
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
For advertisingcontact Doreen WillsTel: 1-800-268-0077 or [email protected]@ypnexthome.ca
This prime development 4.75 acre vacant land is located near new Niagara Outlet Mall on QEW & Glendale Ave, near Tim Horton's, Wendy's, Hilton Hotel. Next to new RCMP complex & Harley David Dealership. Minutes to N. Falls, U.S. Border & St. Catharines. Zoned prestige industrial.
YORK RD, NOTL GATEWAY
1716
_DJW
_1_0
009
$1,995,000
Huge corner site, can develop over 50,000 sq. ft. with high traffic. This is one of the best development opportunities in Fonthill! Located across the street from Sobeys, the new LCBO and the new 500 acre Fonthill East Development. Only a short walk to downtown Fonthill. Was home to former truss manufacturing operation and still has 30,000 square feet of buildings on site. 3 entrances - 1 off Highway 20 and 2 off Station Street. Phase II Environmental completed. Fully serviced. Approximate dimensions are 441 feet x 575 feet (irregular). 16,000 cars drive by this site daily, do not miss this significant opportunity to be a part of Fonthill's growth! Development charge credits included with the property. Lease from $15.00 sq ft triple net, 2500-16,000 sq, ft, Don't miss this one!
105 #20 HWY, FONTHILL
1716
_DJW
_001
1
$2,400,000
Fully occupied, modern, 2 storey office building, on 1 acre with 70 parking spots, in a high traffic location within Niagara's commercial core. Currently occupied by a Triple A financial institution (main floor) and a real estate office (2nd floor). Features a full finished basement that is cur-rently used for training and development space & record storage. Elevator provides accessible access to the 2nd floor and basement. Building was extensively renovated and modernized in 2007. Ample outdoor parking available on site. Site zoned general commercial (C3). Minutes to high-way 406. All leases triple net. Excellent Investment with a 9.6% cap rate.
637 NIAGARA ST, WELLAND
1716
_DJW
_001
2
$2,400,000
Calling all Entrepreneurs! Rare opportunity to set up shop in downtown Virgil on one of Niagara's busiest tourism corridors! Located across the street from Silversmith Brewery, 2 minutes from Trius and 9 minutes from Downtown Niagara on the Lake (by car). Property is zoned Village Commercial - open a brewery, art/photography studio, Inn, retail store, restaurant, tavern, bakery, professional office...the list goes on! Has operated as the Lawrenceville Restaurant & Inn for the last 37 years. Site includes 2 buildings: the restaurant (2650 sq feet) and the Inn (1,800 sqaure feet - 5 units). All in rooms have ensuite bathrooms. 23 parking spaces available on site. Restaurant patio seats 40. Site includes 54 x 128 foot vacant commercial lot. Land and buildings for sale only. Showings on Mondays - by appointment only. Current owners have happily run their family business for the past 38 years and are motivated to being their retirement.
1504-1508 NIAGARA STONE RD, NOTL
1716
_DJW
_001
3
$950,000
BUSINESS INVESTORS
BUSINESSINVESTORSThe perfect place to list all of your businesses opportunities
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
For advertisingcontact Doreen WillsTel: 1-800-268-0077 or [email protected]@ypnexthome.ca
Commercial Real Estate & Business Opportunities54 Volume 16 Issue 04
COM_1716.indd 54 2016-04-22 4:26 PM
Busi
ness
Inve
stor
9649286_1716 11289457_1716
Please say you saw it in The Commercial Investor
Busi
ness
Inve
stor
Commercial Real Estate & Business Opportunities 55Volume 16 Issue 04
COM_1716.indd 55 2016-04-22 4:26 PM
Business Investor
Commercial Real Estate & Business Opportunities
Please say you saw it in The Commercial Investor
56
Business Investor
Volume 16 Issue 04
“Selling Your Business is our Business” 8157086_1716
416-782-5222
The Company manufacturers spray gun cleaners, parts washers, and solvent recyclers for use primarily in the automotive and printing industries. The business is well organized with 60 trained employees, good insfrastructure and a 80% level of repeat business. Revenues are in the $7.0.
MANUFACTURER OFSPRAY GUN CLEANERS
Operating in the GTA over 45 years the company wholesales proprietary branded chemicals blended in house and patented chemicals manufactured by exclusive suppliers. High profile customer base and four employees generate sales $1.1 million with earnings in the $200K range.
UNDER
OFFER POOL & SPAEQUIPMENT SUPPLIER
Operating since 1993 and located one hour outside the GTA - the Company specializes in the design and manufacturing of stamping dies and special purpose equipment. Revenues are in the $7 million range and earnings in the $2 million range.
EQUIPMENT& DIES MFG.
Company provides NDT/NDE training, products, and services. Clients are in power generation, oil and gas, engineering training/consulting, and other service industries. Located 1 hour outside GTA. Revenues are in the $7.5M range with earnings averaging in the $500K range.
NDT PROVIDER
Company operating in the GTA and specialiazing in all areas of plumbing - commercial, industrial, residential, service, installation and 24/7 emergency response. Well trained - 7 FT non-union employees and strong account base generate revenues in the $1.7M range and earnings in the $450K range.
UNDER
OFFER PLUMBINGSERVICES COMPANY
Company is a formulator and manufacturer of seasonings and a distributor of food ingredients to meat and food processors across Canada. Operating over 30 years with 15 employees the business serves over 500 customers generating revenues in the $5.5M range and earnings in the $500K range.
UNDER
OFFER DISTRIBUTOROF FOOD SEASONINGS
Operating in Ontario over 20 years the company provides wholesale, retail pharmaceutical and technical services in Canada and internationally using e-commerce and a mail-order/retail pharmacy. With 9 FT 4 PT employees the business generates - revenues in the $7.0M range and earnings in the $1.0M operating.
UNDER
OFFER PHARMACEUTICALAND TECHNICAL SERVICES
The company's core business is focused on data extraction - and is the developper and publisher of its own proprietary PDF and data extraction technology. Operating in the GTA over 15 years the company has revenues in the $2.5M range and earnings in the $350K range.
B2B SOFTWARE COMPANYDATA EXTRACTION AND
CONVERSIONLocated in the GTA the Company manufactures tools and equipment for the auto body repair industry. Serving the aftermarket with 85 active customers in the US and 35 in Central and Western Canada, Company has revenues in the $3 million range.
MANUFACTUREROF AUTO BODY TOOLS &
EQUIPMENT
Distributor of various meat products, selling to food services, retail and brokers throughout the Maritimes. Operating over 35 years with 9 FT employees and generating Revenues of $43.0 Million and EBITDA of $1.6 Million range.
UNDER
OFFER OPPORTUNITYWHOLESALING MEAT
TRADING AND DISTRIBUTIONBusiness founded 30 years ago and sells used vehicles, provides mechanical repair services and detailing and paint protection applications (10%). The Company also applies paint fading resistant treatments and rust proofing. Revenues in the $1.8 million range.
ATLANTIC PROVINCES OPPORTUNITY
Founded in 1994 the business operates a winery and restaurant. Revenue of $2.5 million was derived from wine, restaurant, weddings and events, tours and tastings, and online sales. There are 24 FT and 31 PT employees and the real estate is owned by the company.
commercial and investment buyers.Call for details.
905.929.9800 Sales Representative
647.609.9463 GTA Direct
905.574.6400 Office
BROKERAGE
8148
414_
1716
REDUCED
$179
,900
Well established auto related property and business with 4 bedroom house in Norfolk county, property includes, Salvage yard, Scrap business, 3 bay garage with 2 hoists, 3 bay separate garage with paint booth for body shop also 2 more building for storage or any other related use. Over 3 acres with MD zoning, call LBO for details.
SALVAGE & WRECKING YARD - $899,000
1716_DJW_1_0041 1716_DJW_1_0018
AVAILABLE FOR LEASE
1716_DJW_1_0017
Located on Mountainside in Burlington. Business operates six days a week.
BURLINGTON BUSINESS FOR SALE - $59,900
1716_DJW_1_0023
Great location, South of main triplex with four (4) pc w/rooms, 3 full kit, 1 rough/in kit. Totally updated, hardwood, pot lights, 3 hydro meters & hwts, nice income generating property currently vacant. Close to Schools, Shopping on bus route. Was rented for $2800 p/m.
OTTAWA STREET - HAMILTON - $449,900
1716_DJW_1_0021
Desirable location close to McMaster, Columbia College, high school and student residential area. Doing over 5000 per week in sales and growing on daily basis. Well equipped middle eastern restaurant. Ideal for family or business, minded person. Reasonable rent and lease.
BUSINESS FOR SALE
1716_DJW_1_0022
Great location downtown Burlington franchise business doing 25K per month. Good for family, turn key operation. Training will be provided. Low royalty and easy to operate, buyer to pay transfer fee, for more details call LBO.
BURLINGTON - $74,900
1716_DJW_2_0021
Newly constructed commercial unit, 1100 sq ft with high basement (extra sq ft). Good for retail, of� ce or commercial uses. Close to Hwy, Shopping, Parks and on bus route.
FOR LEASE STONEY CREEK - $2,200,00 P/M
1716_DJW_1_0011
Location, Location, Location. Just off of Guelph line on QEW. Hair salon business for sale (established as a barber shop newly renovated and upgraded). Good opportunity for hands on owner.
BURLINGTON $19,900
1716_DJW_1_0012
Long established Pizza and Wings business. Doing over 50000 sales per month, low rent and long lease, real money making business. Close to all amenities, schools and bus route. Good for big family or business oriented individual.
HAMILTON $249,900
1716_DJW_1_0013
1716_DJW_1_0019
Rare � nd Commercial Plaza with anchor tenant. Net income is 104K, offered at 7% cap rate.
PLAZA FOR SALE - $1,485,000
1716_DJW_1_0085
THISSPACE
FORYOU!
SOLD
SOLD
REDUCED
TO $9
5,000
EAST HAMILTON
Long established. 30 years in business. Great location. No other competition in the area. Doing over $40,000 per month in Sales. Call for more information.
1716_DJW_2_0018
Only one year old pizza franchise. Doing $350K P/Y sales and improving. All brand new equipment and lease hold improvements. Good for large family or hands on manager/owner. Low rent, long lease and real money making business.
BUSINESS FOR SALE - $179,900
1716_DJW_0061
11GCOM
COMM_GLOSS_1716.indd 11 2016-04-19 1:14 PM
151 City Centre Drive, Suite 300, Mississauga, ON L5B 1M7
phone 905.268.1000 fax 905.542.2836
Member Commercial Division, Toronto Real Estate Board
Industrial + Agricultural3200 sq. ft. House on Property
$3,100,000
As a lawyer of 35-plus years, I have seen many small
businesses flourish and many fail. The big question is why some succeed and others fall. Here are just a few comments that may not really be legal comments but certainly reflect my observations. In addition some businesses succeed despite themselves and later no one can figure out what went wrong. Here are some insights that may prove of value.
legallyspeaking
WINNING THE GAMEWhy some businesses succeed and others fail
3. THE AMAZING IDEA. The one thing I have seen over and over 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 an idea and fulfillment. Remember a great idea does not make money – 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 and by the way, before an idea can be worked on, extensive market research is a critical factor.
4. THE LONE RANGER. John Donne in the early 1600s said: “No man is an island, entire of itself, every man is a piece of the continent, a part of the main.” 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 leader’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 strengths and find the right partner or staff to supplement our weakness.
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.
6. PENNY WISE AND POUND FOOLISH. Ok, so we can’t afford to hire a lawyer to incorporate or advise. We pass on an accountant. Hmmm, we’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 that’s enough of this sort of thing. I hope this helps to make you think, explore and consider. Good luck, start your business and success.
Perhaps the most difficult part of writing these articles relates not to the actual writing, but thinking of a topic to address. Please mail, deliver or fax letters to the magazine or to us, use the web site (www.schwarzlaw.ca), email ([email protected]), or phone us at 888-609-8888 and give us your questions, concerns, critiques and quandaries. We will try to deal with them in print or electronic form.
1. UNDERFINANCED. Whether it is a start up or 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 leaves the business short of the money it needs for marketing or cash flow until receivables turn over. Maintaining a cash reserve to carry the business through to success is critical.
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 – and how to run the business.
By Jayson Schwarz
Jayson Schwarz LL.M. is a Toronto business lawyer and partner in the firm Schwarz Law LLP.
12GCOM
COMM_GLOSS_1716.indd 12 2016-04-19 1:14 PM
151 City Centre Drive, Suite 300, Mississauga, ON L5B 1M7
phone 905.268.1000 fax 905.542.2836
Member Commercial Division, Toronto Real Estate Board
Industrial + Agricultural3200 sq. ft. House on Property
$3,100,000
As a lawyer of 35-plus years, I have seen many small
businesses flourish and many fail. The big question is why some succeed and others fall. Here are just a few comments that may not really be legal comments but certainly reflect my observations. In addition some businesses succeed despite themselves and later no one can figure out what went wrong. Here are some insights that may prove of value.
legallyspeaking
WINNING THE GAMEWhy some businesses succeed and others fail
3. THE AMAZING IDEA. The one thing I have seen over and over 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 an idea and fulfillment. Remember a great idea does not make money – 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 and by the way, before an idea can be worked on, extensive market research is a critical factor.
4. THE LONE RANGER. John Donne in the early 1600s said: “No man is an island, entire of itself, every man is a piece of the continent, a part of the main.” 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 leader’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 strengths and find the right partner or staff to supplement our weakness.
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.
6. PENNY WISE AND POUND FOOLISH. Ok, so we can’t afford to hire a lawyer to incorporate or advise. We pass on an accountant. Hmmm, we’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 that’s enough of this sort of thing. I hope this helps to make you think, explore and consider. Good luck, start your business and success.
Perhaps the most difficult part of writing these articles relates not to the actual writing, but thinking of a topic to address. Please mail, deliver or fax letters to the magazine or to us, use the web site (www.schwarzlaw.ca), email ([email protected]), or phone us at 888-609-8888 and give us your questions, concerns, critiques and quandaries. We will try to deal with them in print or electronic form.
1. UNDERFINANCED. Whether it is a start up or 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 leaves the business short of the money it needs for marketing or cash flow until receivables turn over. Maintaining a cash reserve to carry the business through to success is critical.
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 – and how to run the business.
By Jayson Schwarz
Jayson Schwarz LL.M. is a Toronto business lawyer and partner in the firm Schwarz Law LLP.
13GCOM
COMM_GLOSS_1716.indd 13 2016-04-19 1:14 PM
inthenews
Canada’s top malls form $1,000-per-square-foot club as sector stays resilient Avison Young releases study of Canada’s retail landscape and top-performing retail malls
With online sales growth in Canada expected to outpace that of the overall retail market in the coming years, traditional stakeholders
are embracing e-commerce, and fortifying their bricks-and-mortar presence with signifi cant capital investment and innovation as they adapt to the constantly morphing shopping landscape. Thus far, the country’s leading retail centres have performed consistently well, and the retail real estate sector continues to attract its share of investor interest.
These are some of the key fi ndings of a study by Avison Young on the Canadian retail real estate landscape, released recently.
“Despite economic headwinds, retailer failures, digital disruption and the purchasing habits of a new generation, Canada’s evolving retail property sector and its top malls are doing just fi ne,” comments Bill Argeropoulos, Principal and Practice Leader, Research (Canada) for Avison Young.
“While hundreds of millions of dollars have been invested to renovate, expand or upgrade some of the country’s prominent malls to attract new retailers and combat e-commerce, the retail sector continues to attract new entrants and signifi cant investor interest as well.”
Avison Young’s retail landscape study brings together information gathered from several sources.
“More than $4.5 billion worth of retail assets changed hands in 2015, accounting for almost 20 per cent of the overall commercial real estate investment sales volume in Canada,” adds Argeropoulos. “Though retail property investment sales volume was down 31 per cent from 2014, retail as an asset class has been a hot commodity coming out of the Great Recession with almost $32 billion in retail property sales completed since the end of 2009, second only to the offi ce sector with $35 billion.”
The study shows British Columbia (6.6 per cent) and Vancouver (9.9 per cent) were the leading province and city in the nation, respectively, for retail sales growth in 2015, followed by Ontario (4.5 per cent) and Toronto (5.4 per cent). However, oil-dependent provinces (Alberta and Saskatchewan) will have the weakest outlook for retail sales in 2016, with Calgary and Edmonton expected to see declines of 2.3 per cent and 2.2 per cent, respectively, by year-end 2016.
Argeropoulos notes: “Canada’s top 10 performing malls had 2015 retail sales of at least $994 per square foot. Rounding that lowest fi gure upward, these centres form an exclusive
‘$1,000-per-square-foot club,’ largely backed by the country’s
Did you know...CANADA’S RETAIL LANDSCAPE & MALL PERFORMANCE
CALGARY2015: 1.2% 2016F: -2.3%
EDMONTON2015: 1.7%2016F: -2.2%
REGINA2015: -1.6%2016F: 1.1%
WINNIPEG2015: 1.5% 2016F: 4.8%
10
TORONTO2015: 5.4%2016F: 5.0%
1
OTTAWA2015: 2.9%2016F: 3.9%
MONTREAL2015: 2.4%2016F: 3.9%
HALIFAX2015: 0.4%2016F: 5.6%
Retail Sales Growth (%)
Jan. 2016 Retail Sales ($ Millions) and YOY Change
Canadian Mall PerformanceDec. 2015 Sales per Square Foot and YOY Change
Canadian Retail & E-commerce Sales
biggest institutional owners. The leaders in this club can hold their own among the top-performing malls in North America.”
Argeropoulos also notes that, according to Statistics Canada, the retail industry is the leading employer in Canada, accounting for slightly more than 15 per cent of jobs nationwide at year-end 2015. The retail sector’s recent performance is attributed to a number of positive factors. Among them is a weak Canadian dollar, which is discouraging Canadian consumers from crossing the border to shop in the U.S. and, at the same time, boosting domestic sales. Other positive factors include relatively low vacancy, controlled new supply and solid population growth, especially in major urban regions.
The study’s other highlights note that:
• Toronto’s Yorkdale Shopping Centre
was Canada’s most productive mall with retail sales of $1,610 psf in 2015, displacing Vancouver’s Pacific Centre, which topped the list one year earlier;
• The top 10 malls accounted for 10 per cent of the total retail mall rentable area and 12 per cent of the total number of stores in 2015;
• Year-over-year retail sales growth among the top 10 malls ranged between three per cent and 20 per cent;
• Pension funds and their real estate arms (e.g. Cadillac Fairview, Oxford Properties, AIMCo, and Ivanhoé Cambridge) own and manage the country’s top-performing malls, in some cases as joint ventures;
• Five of the 10 top-performing malls in Canada are in Ontario, and four of the five Ontario centres are located in the Greater Toronto Area;
• The retail property sector achieved the highest total annual return (8.8 per cent) of the major asset types tracked by the REALpac/IPD Canada Property Index in 2015 – outpacing the overall index return of eight per cent.
Argeropoulos concludes: “Despite the retail sector’s strengths, there are also weaknesses, namely: Uneven retail sales and GDP growth, record-high consumer debt levels and the Canadian-U.S. exchange rate, which could lead to higher wholesale costs and squeeze profits.”
Avison Young is among the world’s fastest growing commercial real estate services firms. Headquartered in Toronto, Canada, Avison Young is a collaborative, global firm owned and operated by its Principals. avisonyoung.com
14GCOM
COMM_GLOSS_1716.indd 14 2016-04-19 1:14 PM
SPOTLIGHT SECTION
THE COMMERCIAL INVESTOR SPOTLIGHT COMMERCIAL PROPERTIES • BUSINESS OPPORTUNITIES • FRANCHISE OPENINGS & MORE!
THE COMMERCIAL INVESTOR SPOTLIGHT COMMERCIAL PROPERTIES • BUSINESS OPPORTUNITIES • FRANCHISE OPENINGS & MORE!
1716_DJW_0029
Welcome to historic downtown St. Marys. This well maintained commercial building is located downtown St. Marys with main street exposure. Retail space is on the main level. Many updates over the years - roof, facade,
heating system, wiring, drywall and the awning. Ample parking for tenants at the back. The upper apartment is in excellent condition with 3 bedrooms, large kitchen, updated bath, formal dining room and large living room. It has
an upper patio/deck. New windows were installed the end of 2014. Annual income $21,000. MLS 555492
141-143 QUEEN ST E ST. MARYS
$255,000
1130
7454
_171
6
Commercial property with 2nd rear parking parcel for sale with all chattels by Public Auction.
Terms and pictures at www.gardnerauctions.com
POWER OF SALE - PUBLIC AUCTION
1716
_DJW
_003
71126
1677
_171
6
1716
_DJW
_003
8
Tuesday May 10th at 6pm 339 Main Street,
Parkhill, ONGardner Auctions
519-685-2929
inthenews
Canada’s top malls form $1,000-per-square-foot club as sector stays resilient Avison Young releases study of Canada’s retail landscape and top-performing retail malls
With online sales growth in Canada expected to outpace that of the overall retail market in the coming years, traditional stakeholders
are embracing e-commerce, and fortifying their bricks-and-mortar presence with signifi cant capital investment and innovation as they adapt to the constantly morphing shopping landscape. Thus far, the country’s leading retail centres have performed consistently well, and the retail real estate sector continues to attract its share of investor interest.
These are some of the key fi ndings of a study by Avison Young on the Canadian retail real estate landscape, released recently.
“Despite economic headwinds, retailer failures, digital disruption and the purchasing habits of a new generation, Canada’s evolving retail property sector and its top malls are doing just fi ne,” comments Bill Argeropoulos, Principal and Practice Leader, Research (Canada) for Avison Young.
“While hundreds of millions of dollars have been invested to renovate, expand or upgrade some of the country’s prominent malls to attract new retailers and combat e-commerce, the retail sector continues to attract new entrants and signifi cant investor interest as well.”
Avison Young’s retail landscape study brings together information gathered from several sources.
“More than $4.5 billion worth of retail assets changed hands in 2015, accounting for almost 20 per cent of the overall commercial real estate investment sales volume in Canada,” adds Argeropoulos. “Though retail property investment sales volume was down 31 per cent from 2014, retail as an asset class has been a hot commodity coming out of the Great Recession with almost $32 billion in retail property sales completed since the end of 2009, second only to the offi ce sector with $35 billion.”
The study shows British Columbia (6.6 per cent) and Vancouver (9.9 per cent) were the leading province and city in the nation, respectively, for retail sales growth in 2015, followed by Ontario (4.5 per cent) and Toronto (5.4 per cent). However, oil-dependent provinces (Alberta and Saskatchewan) will have the weakest outlook for retail sales in 2016, with Calgary and Edmonton expected to see declines of 2.3 per cent and 2.2 per cent, respectively, by year-end 2016.
Argeropoulos notes: “Canada’s top 10 performing malls had 2015 retail sales of at least $994 per square foot. Rounding that lowest fi gure upward, these centres form an exclusive
‘$1,000-per-square-foot club,’ largely backed by the country’s
Did you know...CANADA’S RETAIL LANDSCAPE & MALL PERFORMANCE
CALGARY2015: 1.2% 2016F: -2.3%
EDMONTON2015: 1.7%2016F: -2.2%
REGINA2015: -1.6%2016F: 1.1%
WINNIPEG2015: 1.5% 2016F: 4.8%
10
TORONTO2015: 5.4%2016F: 5.0%
1
OTTAWA2015: 2.9%2016F: 3.9%
MONTREAL2015: 2.4%2016F: 3.9%
HALIFAX2015: 0.4%2016F: 5.6%
Retail Sales Growth (%)
Jan. 2016 Retail Sales ($ Millions) and YOY Change
Canadian Mall PerformanceDec. 2015 Sales per Square Foot and YOY Change
Canadian Retail & E-commerce Sales
biggest institutional owners. The leaders in this club can hold their own among the top-performing malls in North America.”
Argeropoulos also notes that, according to Statistics Canada, the retail industry is the leading employer in Canada, accounting for slightly more than 15 per cent of jobs nationwide at year-end 2015. The retail sector’s recent performance is attributed to a number of positive factors. Among them is a weak Canadian dollar, which is discouraging Canadian consumers from crossing the border to shop in the U.S. and, at the same time, boosting domestic sales. Other positive factors include relatively low vacancy, controlled new supply and solid population growth, especially in major urban regions.
The study’s other highlights note that:
• Toronto’s Yorkdale Shopping Centre
was Canada’s most productive mall with retail sales of $1,610 psf in 2015, displacing Vancouver’s Pacific Centre, which topped the list one year earlier;
• The top 10 malls accounted for 10 per cent of the total retail mall rentable area and 12 per cent of the total number of stores in 2015;
• Year-over-year retail sales growth among the top 10 malls ranged between three per cent and 20 per cent;
• Pension funds and their real estate arms (e.g. Cadillac Fairview, Oxford Properties, AIMCo, and Ivanhoé Cambridge) own and manage the country’s top-performing malls, in some cases as joint ventures;
• Five of the 10 top-performing malls in Canada are in Ontario, and four of the five Ontario centres are located in the Greater Toronto Area;
• The retail property sector achieved the highest total annual return (8.8 per cent) of the major asset types tracked by the REALpac/IPD Canada Property Index in 2015 – outpacing the overall index return of eight per cent.
Argeropoulos concludes: “Despite the retail sector’s strengths, there are also weaknesses, namely: Uneven retail sales and GDP growth, record-high consumer debt levels and the Canadian-U.S. exchange rate, which could lead to higher wholesale costs and squeeze profits.”
Avison Young is among the world’s fastest growing commercial real estate services firms. Headquartered in Toronto, Canada, Avison Young is a collaborative, global firm owned and operated by its Principals. avisonyoung.com
15GCOM
COMM_GLOSS_1716.indd 15 2016-04-19 1:14 PM
The first step in buying a new condo is to sign the purchase
agreement and hand over your cheques. Ensuring that you have a good contract with favourable terms up front can be the one thing that makes or breaks your investment in the long term. Here are five things that every condo investor should watch for in their contract.
1. Capped closing costs
If you don’t have caps in place for things like development levies and
investorinsights
FIVE THINGS EVERY CONDO INVESTOR SHOULD WATCH OUT FOR
some developers do try to sneak in charges for all sorts of things related to the purchase; $100 here, $50 there...they can be creative! A good lawyer will probably point out some of them to you and recommend you ask them to be waived. It’s up to the builder’s discretion on what they will waive and what they will not.
3. Renting during occupancy
Most contracts by way of their standard wording forbid the renting of your unit during the occupancy period, however, most developers will grant you permission to rent during the occupancy period if you request this in your contract. Make sure you do request this clause if you are buying for investment.
4. HST rebate
Something you probably won’t find in your agreement is any talk of HST implications if you are buying for investment. The agreement assumes you are buying to live in the unit and therefore all HST is already included in the purchase price. However, if you are planning on renting out the unit, you might have to pay a portion of the HST on final closing and then apply to the government to receive the money back in the form of an HST rebate. Consult a qualified lawyer and understand the implications on your cash flow.
5. Assignment clauses
An assignment clause allows you to sell prior to final closing, usually under some conditions set by the builder and often there is a fee associated with executing the assignment. Hopefully you intend on closing on your unit and holding it for the long term, however, it is always wise to have a back-up plan in case your plans change in the years between purchasing and completion of your unit, so make sure you are able to sell by assignment.
utility hook-ups, your closing costs could theoretically be in the tens of thousands (not including land transfer taxes and legal fees). The number one thing you want to make sure your contract includes is a cap on these costs. There is always a concern over rising development charges for condos and you don’t want any surprises. Speak with your lawyer about caps when you have your contract reviewed. Development and utility caps are the maximum amount these charges will be at closing — could be less but will not be more.
2. “Nickel and dime” charges
Most contracts are pretty standard with respect to fees and closing costs, but
By Andrew la Fleur
Andrew la Fleur is an award-winning realtor with Re/Max. Andrew’s expertise is in helping investors make money in the Toronto condo market. Contact Andrew at 416.371.2333 or [email protected].
16GCOM
COMM_GLOSS_1716.indd 16 2016-04-19 1:22 PM
CAMPGROUNDS FOR SALE
Woodstock: 871 Dundas St. | 519.539.5646 Tillsonburg: 86 Broadways St. | 519.688.0021
• 45 SITES + 40 SLIP MARINA, MITCHELL’S BAY• 169 SITES + HOME ON 11 ACRES, LAKE HURON• 110 SITES + 2 HOMES ON 8.5 ACRES, WOODSTOCK
CALL TODAY – BE YOUR OWN BOSSContact: Obsidian Group Inc. 1-877-272-2952 | [email protected]
OPPORTUNITIESHOT OFF THE GRILL!
NEW FRANCHISE
TWO PRIME LOCATIONS AVAILABLE AND COMING SOON TO MISSISSAUGA AND GUELPH
8302
229_
1716
The first step in buying a new condo is to sign the purchase
agreement and hand over your cheques. Ensuring that you have a good contract with favourable terms up front can be the one thing that makes or breaks your investment in the long term. Here are five things that every condo investor should watch for in their contract.
1. Capped closing costs
If you don’t have caps in place for things like development levies and
investorinsights
FIVE THINGS EVERY CONDO INVESTOR SHOULD WATCH OUT FOR
some developers do try to sneak in charges for all sorts of things related to the purchase; $100 here, $50 there...they can be creative! A good lawyer will probably point out some of them to you and recommend you ask them to be waived. It’s up to the builder’s discretion on what they will waive and what they will not.
3. Renting during occupancy
Most contracts by way of their standard wording forbid the renting of your unit during the occupancy period, however, most developers will grant you permission to rent during the occupancy period if you request this in your contract. Make sure you do request this clause if you are buying for investment.
4. HST rebate
Something you probably won’t find in your agreement is any talk of HST implications if you are buying for investment. The agreement assumes you are buying to live in the unit and therefore all HST is already included in the purchase price. However, if you are planning on renting out the unit, you might have to pay a portion of the HST on final closing and then apply to the government to receive the money back in the form of an HST rebate. Consult a qualified lawyer and understand the implications on your cash flow.
5. Assignment clauses
An assignment clause allows you to sell prior to final closing, usually under some conditions set by the builder and often there is a fee associated with executing the assignment. Hopefully you intend on closing on your unit and holding it for the long term, however, it is always wise to have a back-up plan in case your plans change in the years between purchasing and completion of your unit, so make sure you are able to sell by assignment.
utility hook-ups, your closing costs could theoretically be in the tens of thousands (not including land transfer taxes and legal fees). The number one thing you want to make sure your contract includes is a cap on these costs. There is always a concern over rising development charges for condos and you don’t want any surprises. Speak with your lawyer about caps when you have your contract reviewed. Development and utility caps are the maximum amount these charges will be at closing — could be less but will not be more.
2. “Nickel and dime” charges
Most contracts are pretty standard with respect to fees and closing costs, but
By Andrew la Fleur
Andrew la Fleur is an award-winning realtor with Re/Max. Andrew’s expertise is in helping investors make money in the Toronto condo market. Contact Andrew at 416.371.2333 or [email protected].
Independently Owned & OperatedUnit 2, 1240 Speers Rd., Oakville ON
416.258.6866
COMMERCIAL, REAL ESTATE & BUSINESS OPPORTUNITIES 10
2286
47_1
716
Call Bill Bradley for Strip Plazas
$1,000,000 to $15,000,000.
Call Bill Bradley for Retirement Homesand properties that could be
changed into Ret. HomesBuyers Only
Building being made into a 110 suite retirement home with electric fi replaces in each suite. This is a perfect investment which when completed will show at least a 15% CAP rate on your money. Call Bill Bradley at 416-258-6866.
RETIREMENT HOME
$12,600,000 1716_DJW_0055 1716_DJW_0055
Renovated building can be made into a retirement home with permission from the local municipality. The building is in an excellent area for retired people. It also would be a perfect investment which should also give you approx. 15% CAP on your investment. Call Bill Bradley at 416-258-6866.
$15,500,000 1716_DJW_1_0067 1716_DJW_1_0067
5 Star Hotel plus Restaurant & Bar on the beach.
PARADISE IN GRENADA
$2,900,000
www.PBcommercialteam.com
COMMERCIAL
NO Commercial TeamIn Canada! *Commercial In Canada! *Commercial In Canada! *
*Based on Re/Max International Commercial Commissions in 2014 1St Q.
1128
6152
_171
6
• Single Family & Condo Developments
• Projected Returns Exceed 21% per Year
• Partner with Top-Tier GTA Developers
• RRSP, TFSA, LIRA++ Eligible
• Get Developer Returns!
• Call George Politis 416-554-7653
ATTENTION INVESTORS!21%+ ANNUAL RETURNS!
• $18 Million – Major Bankand National Tenants!
• $4-8 Million – Free-standing,Shoppers, LCBO, 5 CAP!
• Call George Politis 416-554-7653 or a member of the Politis Brienza Team for information on Plazas!
PLAZAS PLAZAS PLAZASPRINCIPALS ONLY
0916_DJW_3_0071
Very good location surrounded by many high rise apartment buildings & offices! High traffic area! Very low rent with taxes included and no franchise fee, no restriction to add new menu items or create a new menu! $135,800. Call Peter: 416-606-7882
BE YOUR OWN BOSS! EASY TO OPERATEESTABLISHED BUSINESS. OWNER WILL TRAIN!
1716_DJW_0001
0916_DJW_3_0071
Brand new townhouses in Markham's his-torical community of Armadale. Featuring 2 & 3 bdr, 2 bath units, with 1-2 car-garages and approx. 2,000 sq. ft. Contact George Politis for details and registration: 416-554-7653/[email protected]
COMING SOONTO MARKHAM!
1716_DJW_1_0084
0916_DJW_3_0071
Hot Kingston Rd. income property! Prime Kingston Rd exposure w/main floor retail tenant & two second floor residential ten-ants, plus large bsmt. Approx. $57,600 gross income, $599,000. Call Kenny 416-833-8840.
KINGSTON RDINCOME PROPERTY
1716_DJW_1_0090
0916_DJW_3_0071
1 acre + of PRIME Markham land! Bullock/Markham Rd. Potential development site!! Ravine property! Industrial area! $638,800.
EXCELLENT MARKHAM INVESTMENT
1716_DJW_1_0091
0916_DJW_3_0071
Well over $1 million in well-appointed leasehold improvements! Prime GTA location with ample parking! Opportunity of a lifetime to own and op-erate your own restaurant! Featuring a warm and friendly atmosphere providing a memorable din-ing experience for your customers! $388,000. Call Peter 416-606-7882.
RESTAURANT FOR SALEIN MAJOR PLAZA
1716_DJW_0005
0916_DJW_3_0071
Prime ground level retail space in busy plaza just north of Steeles & Kennedy. Featuring 1,775 sf, rectangular-shaped floor space, one bath, Kennedy exposure, lots of park-ing! $16.15/Sq. ft. Net. Also, prime 722 sf office space, great signage! $14.95 Net. Call Matt: 647-500-7708
KENNEDY RD -RETAIL SPACE
1716_DJW_1_0060
0916_DJW_3_0071
First class medical centre at Main/Danforth Subway. Office space available for private practice or physician clinic environment, turn-key, work on % of gross billing! Bldg includes pharmacy; radiology, ultrasound, medical labs; & physiotherapist! Free Rent period. $8/Sq Ft Net. Call George 416-554-7653.
Independently Owned & OperatedUnit 2, 1240 Speers Rd., Oakville ON
416.258.6866
COMMERCIAL, REAL ESTATE & BUSINESS OPPORTUNITIES
1022
8647
_171
6
Call Bill Bradley for Strip Plazas
$1,000,000 to $15,000,000.
Call Bill Bradley for Retirement Homesand properties that could be
changed into Ret. HomesBuyers Only
Building being made into a 110 suite retirement home with electric fi replaces in each suite. This is a perfect investment which when completed will show at least a 15% CAP rate on your money. Call Bill Bradley at 416-258-6866.
RETIREMENT HOME
$12,600,000 1716_DJW_0055 1716_DJW_0055
Renovated building can be made into a retirement home with permission from the local municipality. The building is in an excellent area for retired people. It also would be a perfect investment which should also give you approx. 15% CAP on your investment. Call Bill Bradley at 416-258-6866.
$15,500,000 1716_DJW_1_0067 1716_DJW_1_0067
5 Star Hotel plus Restaurant & Bar on the beach.
PARADISE IN GRENADA
$2,900,000
www.PBcommercialteam.com
COMMERCIAL
NO Commercial TeamIn Canada! *Commercial In Canada! *Commercial In Canada! *
*Based on Re/Max International Commercial Commissions in 2014 1St Q.
1128
6152
_171
6
• Single Family & Condo Developments
• Projected Returns Exceed 21% per Year
• Partner with Top-Tier GTA Developers
• RRSP, TFSA, LIRA++ Eligible
• Get Developer Returns!
• Call George Politis 416-554-7653
ATTENTION INVESTORS!21%+ ANNUAL RETURNS!
• $18 Million – Major Bankand National Tenants!
• $4-8 Million – Free-standing,Shoppers, LCBO, 5 CAP!
• Call George Politis 416-554-7653 or a member of the Politis Brienza Team for information on Plazas!
PLAZAS PLAZAS PLAZASPRINCIPALS ONLY
0916_DJW_3_0071
Very good location surrounded by many high rise apartment buildings & offices! High traffic area! Very low rent with taxes included and no franchise fee, no restriction to add new menu items or create a new menu! $135,800. Call Peter: 416-606-7882
BE YOUR OWN BOSS! EASY TO OPERATEESTABLISHED BUSINESS. OWNER WILL TRAIN!
1716_DJW_0001
0916_DJW_3_0071
Brand new townhouses in Markham's his-torical community of Armadale. Featuring 2 & 3 bdr, 2 bath units, with 1-2 car-garages and approx. 2,000 sq. ft. Contact George Politis for details and registration: 416-554-7653/[email protected]
COMING SOONTO MARKHAM!
1716_DJW_1_0084
0916_DJW_3_0071
Hot Kingston Rd. income property! Prime Kingston Rd exposure w/main floor retail tenant & two second floor residential ten-ants, plus large bsmt. Approx. $57,600 gross income, $599,000. Call Kenny 416-833-8840.
KINGSTON RDINCOME PROPERTY
1716_DJW_1_0090
0916_DJW_3_0071
1 acre + of PRIME Markham land! Bullock/Markham Rd. Potential development site!! Ravine property! Industrial area! $638,800.
EXCELLENT MARKHAM INVESTMENT
1716_DJW_1_0091
0916_DJW_3_0071
Well over $1 million in well-appointed leasehold improvements! Prime GTA location with ample parking! Opportunity of a lifetime to own and op-erate your own restaurant! Featuring a warm and friendly atmosphere providing a memorable din-ing experience for your customers! $388,000. Call Peter 416-606-7882.
RESTAURANT FOR SALEIN MAJOR PLAZA
1716_DJW_0005
0916_DJW_3_0071
Prime ground level retail space in busy plaza just north of Steeles & Kennedy. Featuring 1,775 sf, rectangular-shaped floor space, one bath, Kennedy exposure, lots of park-ing! $16.15/Sq. ft. Net. Also, prime 722 sf office space, great signage! $14.95 Net. Call Matt: 647-500-7708
KENNEDY RD -RETAIL SPACE
1716_DJW_1_0060
0916_DJW_3_0071
First class medical centre at Main/Danforth Subway. Office space available for private practice or physician clinic environment, turn-key, work on % of gross billing! Bldg includes pharmacy; radiology, ultrasound, medical labs; & physiotherapist! Free Rent period. $8/Sq Ft Net. Call George 416-554-7653.
MAIN/DANFORTH - MEDICAL CENTRE LEASE SPACE
1716_DJW_1_0118
EXCLUSIVE
19GCOM
COMM_GLOSS_1716.indd 19 2016-04-19 1:14 PM
Pro Funds Mortgages • 3410 South Service Rd. Suite #G5, Burlington Ontario L7N 3T2
1.888.330.3866 [email protected] and Agents are welcome! Send Pro Funds your deals for a quote.
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First & second mortgages on residential, commercial & income property.Land, construction and development financingHigh level construction funding packagingSoft cost and servicing funding (postponable to construction financing)
