Commercial Investor - 01 Jul, 2016
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Transcript of Commercial Investor - 01 Jul, 2016
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
Jul 02 - Jul 30, 2016, Volume 16 Issue 06
FC_2
716
(CO
M)
ASKING ONLY $890,000For Marketing Brochure Call:
Winston Davies, Broker of RecordWinCorp Realty Inc., Real Estate Brokerage
45 Keats Crescent, Guelph, Ontario N1G 3B1Tel: 519-836-2080 Fax: 519-836-2081
Email: [email protected]
Featuring 60 registered unserviced building lots, plus 33 acres of � at land, zoned residential. The property is situated in the picturesque town of Chesley (just north of Hanover). Chesley boasts its own hospital.
• Construction started on high pro� le of� ce building near Victoria St. N.• Ready for occupancy in September 2016 - Act now to secure• Two � oors consisting of 11,250 sq. ft. each for a total of 22,500 sq. ft.• Still possible to customize for single tenant signature building• Convenient access to Hwy 8, future Hwy 7 and WR International Airport• Minutes to GO Train, VIA Rail and public transit
Brokers InformationListing Service
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your phone
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416-
214-
4875
345 SPRUCE STREET, WATERLOO
• 6-plex apartmentbuilding
• $186,000+ GrossAnnual Income
• 5% cap rate
• 30 students
• Purpose built in2011
• MLS®
Mike Milovick, BrokerRoyal LePage Grand Valley Realty, Brokerage
Independently Owned and Operated
[email protected] | www.teammilovick.com
Call Duncan McLean, Sales RepresentativeCMA Realty Ltd., Brokerage
FOR LE
ASE
CHESLEY - RESIDENTIAL SUBDIVISION - $890,000540 BINGEMANS CENTRE DR., KITCHENER $20.00/SF
$2,330,000
COMM_GLOSS_2716.indd 1 2016-06-28 1:49 PM
Not intended to solicit Properties or Buyers Currently Under Contract
Nicholas Kazan,[email protected] ce 905.574.3038
Nicolas von Bredow,[email protected] ce 905.574.3038
Royal LePage Macro Realty, Brokerage250-2247 Rymal Rd. E.Stoney Creek, Ont. L8J 2V8
11308425_2716
FOR LEASE - GRIMSBY WITH QEW EXPOSURE
2716_DJW_1_0007
• 1020 sqft commercial condo unit for lease• Retail/office uses allowed• Situated on a mixed use site with lots of traffic
and surrounded by mid/high density residential• Part of the booming Winston Rd. neighborhood
at Casablanca Blvd. • Asking $19 per sqft plus $8 TMI
AVAILABLE - WESTON RD. TORONTO (JUST N. OF EGLINTON)
2716_DJW_1_0010
• 3000 sq. ft. building• Corner site at signalized intersection• Plenty of parking• Adjacent to high density employment/industrial
area• Local Commercial/Residential Zoning (LCR)• Full basement
BUILDING FOR SALE - 168 RAGLAN ST. S. RENFREW
2716_DJW_2_0011
• Solid 2 storey building retrofitted with long term tenant
• Tenant covers all expenses• 6000 sq. ft. • Selling at 10% cap rate• Hassle free investment• Asking $389,700
FOR LEASE
2716_DJW_0866
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.
$16 PER SQ FT PLUS $4 TMI/CAM
2716_DJW_1_0008
• Space for lease in plaza• 12,402 sq. ft. available• Plaza recently refreshed• Long term national tenants on site• Located at a busy signalized intersection near
schools and churches• Large parking area• Asking $25 per sqft plus TMI
FOR LEASE
2716_DJW_1_0039
Over 3000 sqft. of retail/office space in prime location in Beamsville at main signalized intersection along the wine route with easy access to QEW corridor. Asking $18 per square foot plus TMI of $6 per square foot.
BUILDING FOR SALE/UNIT FOR LEASE - HAMILTON EAST
2716_DJW_3_0006
• 2800 sqft unit for lease• 4 unit building for sale (3 commercial/
1 residential)• Located on busy Main St. E. near Kenilworth• Great opportunity for a business owner to
purchase and operate their business along with collecting rent from the 3 other tenants.
BRAND NEW COMMERCIAL CONDOS - GRIMSBY
2716_DJW_2_0047
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. Strategically situated surrounded by high and medium density residential. Occupancy as early as fall 2017!
DEVELOPMENT OPPORTUNITY - HAMILTON
2716_DJW_1_0048
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.
BRAND NEW COMMERCIAL CONDOS
2716_DJW_2_0023
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.
2716_DJW_0899
FOR SALE - 6 PLEX
2716_DJW_0862
• 6 Unit Apartment Complex For Sale w/ upside • Separate Hydro Meters• Updated Windows, Roof, Hydro, Soffits, Eaves,
Plumbing, Kitchens and Baths• Close to transit, shopping, highway and
downtown St. Catharines • Fully tenanted turnkey operation• $589,777• Call Nicholas Kazan, Broker for Details
ATTENTIONLAND OWNERS
WE NEEDDEVELOPMENT LAND
PLEASE CALL USSOLD
Joe Benninger* CCIM 519 340 [email protected]
Martin Cote*519 340 [email protected]
Joe Benninger* CCIM 519 340 [email protected]
Joe Benninger* CCIM 519 340 [email protected]
Michael Black* 519 340 [email protected]
www.cbre.ca
SOUTHWESTERN ONTARIO INVESTMENT TEAMInvestment Opportunities
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
• 100% leased to an investment grade corporation• 210,727 sq. ft. best-in-class industrial space• Bids due by 5:00 PM on Friday, July 8th, 2016
• 250 Truck/trailer capacity• 17,820 sq. ft. on 8.42 acres• Zoned B-1• Asking Price $3,850,000
Single Tenant Net Leased Industrial PropertyLondon, ON
Industrial/Transport OpportunityKitchener, 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
• 5.29 Acres on Queensway West (Hwy 3)• CS (Service Commercial) zoning• Asking $1,500,000 ($283,554/acre)
• ± 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
Commercial Development LandKitchener, ON
Freestanding Industrial buildingSt. Jacobs, ON
• Trophy office/retail complex in Windsor, ON• 4 quality buildings totaling 111,208 sq. ft. on
5.41 Acres• High profile location along Ouellette Place
• 3.67 Acres• Commercial CD2.2 zoning• Zoning provides for an abundance of retail/
commercial options
• 4.29 Acres; 46,396 sq. ft. office building• 1 Acre excess land for potential sale/development• Located in Huron Business Park• Asking $6,500,000 (sale); $10.95 psf NNN (lease)
Office/Retail ComplexWindsor, ON
Vacant LandWindsor, ON
Office Building For Sale or LeaseKitchener, ON
Todd Cooney**, SIOR519 340 [email protected]
David Cousins*519 286 [email protected]
Brook Handysides*519 946 [email protected]
* Sales Representative** Broker
Tim Schnurr*519 286 [email protected]
SOUTHWESTERN ONTARIO INVESTMENT TEAMInvestment Opportunities
SOUTHWESTERN ONTARIO INVESTMENT TEAM
INVESTMENT OPPORTUNITIES
• 7,800 sq. ft. For Sale on 0.49 acres• Zoning: M-3• Asking $1,595,000
Multi-Tenant Building For SaleKitchener, ON
David Yanoshita*519 286 [email protected]
Michael Black* 519 340 [email protected]
Dietmar Sommerfeld**, CCIM519 340 [email protected]
Will Hunter**, BBA519 340 [email protected]
UNDER
CONTRACT
11284449_2716
2GCOM
COMM_GLOSS_2716.indd 2 2016-06-28 1:49 PM
Not intended to solicit Properties or Buyers Currently Under Contract
Nicholas Kazan,[email protected] ce 905.574.3038
Nicolas von Bredow,[email protected] ce 905.574.3038
Royal LePage Macro Realty, Brokerage250-2247 Rymal Rd. E.Stoney Creek, Ont. L8J 2V8
11308425_2716
FOR LEASE - GRIMSBY WITH QEW EXPOSURE
2716_DJW_1_0007
• 1020 sqft commercial condo unit for lease• Retail/office uses allowed• Situated on a mixed use site with lots of traffic
and surrounded by mid/high density residential• Part of the booming Winston Rd. neighborhood
at Casablanca Blvd. • Asking $19 per sqft plus $8 TMI
AVAILABLE - WESTON RD. TORONTO (JUST N. OF EGLINTON)
2716_DJW_1_0010
• 3000 sq. ft. building• Corner site at signalized intersection• Plenty of parking• Adjacent to high density employment/industrial
area• Local Commercial/Residential Zoning (LCR)• Full basement
BUILDING FOR SALE - 168 RAGLAN ST. S. RENFREW
2716_DJW_2_0011
• Solid 2 storey building retrofitted with long term tenant
• Tenant covers all expenses• 6000 sq. ft. • Selling at 10% cap rate• Hassle free investment• Asking $389,700
FOR LEASE
2716_DJW_0866
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.
$16 PER SQ FT PLUS $4 TMI/CAM
2716_DJW_1_0008
• Space for lease in plaza• 12,402 sq. ft. available• Plaza recently refreshed• Long term national tenants on site• Located at a busy signalized intersection near
schools and churches• Large parking area• Asking $25 per sqft plus TMI
FOR LEASE
2716_DJW_1_0039
Over 3000 sqft. of retail/office space in prime location in Beamsville at main signalized intersection along the wine route with easy access to QEW corridor. Asking $18 per square foot plus TMI of $6 per square foot.
BUILDING FOR SALE/UNIT FOR LEASE - HAMILTON EAST
2716_DJW_3_0006
• 2800 sqft unit for lease• 4 unit building for sale (3 commercial/
1 residential)• Located on busy Main St. E. near Kenilworth• Great opportunity for a business owner to
purchase and operate their business along with collecting rent from the 3 other tenants.
BRAND NEW COMMERCIAL CONDOS - GRIMSBY
2716_DJW_2_0047
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. Strategically situated surrounded by high and medium density residential. Occupancy as early as fall 2017!
DEVELOPMENT OPPORTUNITY - HAMILTON
2716_DJW_1_0048
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.
BRAND NEW COMMERCIAL CONDOS
2716_DJW_2_0023
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.
2716_DJW_0899
FOR SALE - 6 PLEX
2716_DJW_0862
• 6 Unit Apartment Complex For Sale w/ upside • Separate Hydro Meters• Updated Windows, Roof, Hydro, Soffits, Eaves,
Plumbing, Kitchens and Baths• Close to transit, shopping, highway and
downtown St. Catharines • Fully tenanted turnkey operation• $589,777• Call Nicholas Kazan, Broker for Details
ATTENTIONLAND OWNERS
WE NEEDDEVELOPMENT LAND
PLEASE CALL USSOLD
Joe Benninger* CCIM 519 340 [email protected]
Martin Cote*519 340 [email protected]
Joe Benninger* CCIM 519 340 [email protected]
Joe Benninger* CCIM 519 340 [email protected]
Michael Black* 519 340 [email protected]
www.cbre.ca
SOUTHWESTERN ONTARIO INVESTMENT TEAMInvestment Opportunities
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
• 100% leased to an investment grade corporation• 210,727 sq. ft. best-in-class industrial space• Bids due by 5:00 PM on Friday, July 8th, 2016
• 250 Truck/trailer capacity• 17,820 sq. ft. on 8.42 acres• Zoned B-1• Asking Price $3,850,000
Single Tenant Net Leased Industrial PropertyLondon, ON
Industrial/Transport OpportunityKitchener, 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
• 5.29 Acres on Queensway West (Hwy 3)• CS (Service Commercial) zoning• Asking $1,500,000 ($283,554/acre)
• ± 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
Commercial Development LandKitchener, ON
Freestanding Industrial buildingSt. Jacobs, ON
• Trophy office/retail complex in Windsor, ON• 4 quality buildings totaling 111,208 sq. ft. on
5.41 Acres• High profile location along Ouellette Place
• 3.67 Acres• Commercial CD2.2 zoning• Zoning provides for an abundance of retail/
commercial options
• 4.29 Acres; 46,396 sq. ft. office building• 1 Acre excess land for potential sale/development• Located in Huron Business Park• Asking $6,500,000 (sale); $10.95 psf NNN (lease)
Office/Retail ComplexWindsor, ON
Vacant LandWindsor, ON
Office Building For Sale or LeaseKitchener, ON
Todd Cooney**, SIOR519 340 [email protected]
David Cousins*519 286 [email protected]
Brook Handysides*519 946 [email protected]
* Sales Representative** Broker
Tim Schnurr*519 286 [email protected]
SOUTHWESTERN ONTARIO INVESTMENT TEAMInvestment Opportunities
SOUTHWESTERN ONTARIO INVESTMENT TEAM
INVESTMENT OPPORTUNITIES
• 7,800 sq. ft. For Sale on 0.49 acres• Zoning: M-3• Asking $1,595,000
Multi-Tenant Building For SaleKitchener, ON
David Yanoshita*519 286 [email protected]
Michael Black* 519 340 [email protected]
Dietmar Sommerfeld**, CCIM519 340 [email protected]
Will Hunter**, BBA519 340 [email protected]
UNDER
CONTRACT
11284449_2716
3GCOM
COMM_GLOSS_2716.indd 3 2016-06-28 1:49 PM
� Three farms are available in the Sarnia area
� Ranging from 32 acres up to 600 acres
� Priced from $11,000 / acres � Contact LA for additional details � ASKING PRICE contact agent
Downtown London commercial condominium with underground parking included. Various sized units available ranging from 300 to 60,000 square feet, with virtually every size in between. Extremely broad DA2 zoning allows for a large range of retail and office purposes. Space can be divided into smaller units or be made larger. Currently built out as office space. Space available on both the first & second floors.
THREE FARMS AVAILABLESarnia, Ontario
KENN POORE, Broker [email protected] Ext. 224
www.cushwakeswo.com
SOUTHWESTERN ONTARIO COMMERCIAL OPPORTUNIT IES
5 1 9 . 4 3 8 . 5 5 8 8
� 1.6 acres on arterial road � Corner location - zoned commercial � Asking $1,500,000
� Turn Key for Office / Retail or Professional users
� Great commercial opportunity located within walking distance to the downtown core
� SPACE AVAILABLE - 9,300 square feet (approx.) - Office / Retail space - Use of full basement of approx. 4,600 square feet
� On-site parking � Taxes $51,450 (2015) � Zoned CD 3.5 / 3.2
- Allows for a variety of retail office uses
� ASKING $1,649,000
PRIME DOWNTOWN LOCATION1255-1273 Ouellette Avenue Windsor, Ontario
1150-1152 Fanshawe Park Road West - London, Ontario
PRIME COMMERCIAL LAND
DAVID JONGERDEN, Sales [email protected] Ext. 242
ANDREW JOHNSON, Sales [email protected] Ext. 230
ANDREW JOHNSON, Sales [email protected] Ext. 230
TYLER DESJARDINE, Sales Rep [email protected] Ext. 232
TYLER DESJARDINE, Sales Rep [email protected] Ext. 232
JAMESON LAKE, Sales Rep [email protected] Ext. 240
BRENT RUDELL, Broker of Record [email protected] Ext. 236
� 15,000 sq.ft. building - total space: 11,600 sq.ft. - warhouse, 3,400 sq.ft. - office with additional 2,000 sq.ft. drive shed
� Fenced compound � Radiant tube heating in warehouse � ASKING $849,000
480 Newbold Street London, Ontario
379 Dundas Street - London, Ontario
BRENT RUDELL, Broker of Record [email protected] Ext. 236
� Builidng has been completely renovated inside and out
� Located on Meg Drive, just off Exeter Road in South London
2 Front Street West COMPLETELY RENOVATED INCOME PROPERTYStrathroy, Ontario 8 Plex with Main Floor Commercial
45 Meg Drive EXCELLENT INVESTMENT OPPORTUNITY London, Ontario Free Standing, Multi-Unit Building
� Main Floor Commercial Tenants � 1 - 2 Bedroom Apartments � 5 - 1 Bedroom Apartments � 2 - Bachelor Apartments � High end finishes in all the units � 100% Occupancy � ASKING $1,200,000
� Easy access to Highways 401 & 402 � Site Area: approximately 1.50 acres � Building Sq. Footage - 23,600 sq.ft.
Main Floor - 16,800 sq.ft. Second Floor - 6,800 sq.ft.
� Zoned Light Industrial - LI 6(4), LI7 � ASKING $1,295,000
GARY POLLOCK, Broker [email protected] Ext. 222
OFFICE SPACEFOR LEASE
11266917_2716
BELLEVILLE
57 SUITES
• 1 x Bachelor 11 x Two Bedrooms• Good Size Bachelor Unit (Vacant) Remains to be Renovated; Kitchen Cabinets and Bath Missing and Will have to be Installed by Buyer• 6.5 % CAP Rate• 20.3% R.O.I• Treat Mortgage as Clear• Well Located rental Building
• Asking $1,250,000• Asking $104,167 per Suite• On Bus Route• Ample on Site Paved Parking• 11 Tenants Pay Their Own Hydro• Walking Distance to Amenities• 2 Bedroom units Have Been Recently Renovated, Including New Kitchen and Baths
Solid 12-Plex
in Downtown
London
Bright Renovated
Spacious Units!
NIAGARA FALLS LONDON
12 SUITES
• 1 x Bachelor
22 x One Bedrooms
34 x Two Bedrooms
• Walking Distance to Via
Rail Station
• Well Constructed
Concrete Building
• 5.8% CAP Rate
• Ex. 1st Mtg to be assumed
by Purchaser.
• Asking $5,200,000• Asking $91,228 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
GREAT SUITE MIXEXCELLENT
Construction
11 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
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 • 25.1% R.O.I.• Treat Mortgage as Clear
PRICEREDUCED!Large
Corner Lot
12 SUITES 5 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 Financing as 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
TORONTO
• Asking $804,888• Asking $73,172 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
• 6.7% CAP Rate
• 13.3% R.O.I.
• Seller will consider holding
VTB 1st Mortgage for
80% of Purchase at 5%
• Asking $725,000• Asking $72,500 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 FALLS
8172756_2716
4GCOM
COMM_GLOSS_2716.indd 4 2016-06-28 1:49 PM
� Three farms are available in the Sarnia area
� Ranging from 32 acres up to 600 acres
� Priced from $11,000 / acres � Contact LA for additional details � ASKING PRICE contact agent
Downtown London commercial condominium with underground parking included. Various sized units available ranging from 300 to 60,000 square feet, with virtually every size in between. Extremely broad DA2 zoning allows for a large range of retail and office purposes. Space can be divided into smaller units or be made larger. Currently built out as office space. Space available on both the first & second floors.
THREE FARMS AVAILABLESarnia, Ontario
KENN POORE, Broker [email protected] Ext. 224
www.cushwakeswo.com
SOUTHWESTERN ONTARIO COMMERCIAL OPPORTUNIT IES
5 1 9 . 4 3 8 . 5 5 8 8
� 1.6 acres on arterial road � Corner location - zoned commercial � Asking $1,500,000
� Turn Key for Office / Retail or Professional users
� Great commercial opportunity located within walking distance to the downtown core
� SPACE AVAILABLE - 9,300 square feet (approx.) - Office / Retail space - Use of full basement of approx. 4,600 square feet
� On-site parking � Taxes $51,450 (2015) � Zoned CD 3.5 / 3.2
- Allows for a variety of retail office uses
� ASKING $1,649,000
PRIME DOWNTOWN LOCATION1255-1273 Ouellette Avenue Windsor, Ontario
1150-1152 Fanshawe Park Road West - London, Ontario
PRIME COMMERCIAL LAND
DAVID JONGERDEN, Sales [email protected] Ext. 242
ANDREW JOHNSON, Sales [email protected] Ext. 230
ANDREW JOHNSON, Sales [email protected] Ext. 230
TYLER DESJARDINE, Sales Rep [email protected] Ext. 232
TYLER DESJARDINE, Sales Rep [email protected] Ext. 232
JAMESON LAKE, Sales Rep [email protected] Ext. 240
BRENT RUDELL, Broker of Record [email protected] Ext. 236
� 15,000 sq.ft. building - total space: 11,600 sq.ft. - warhouse, 3,400 sq.ft. - office with additional 2,000 sq.ft. drive shed
� Fenced compound � Radiant tube heating in warehouse � ASKING $849,000
480 Newbold Street London, Ontario
379 Dundas Street - London, Ontario
BRENT RUDELL, Broker of Record [email protected] Ext. 236
� Builidng has been completely renovated inside and out
� Located on Meg Drive, just off Exeter Road in South London
2 Front Street West COMPLETELY RENOVATED INCOME PROPERTYStrathroy, Ontario 8 Plex with Main Floor Commercial
45 Meg Drive EXCELLENT INVESTMENT OPPORTUNITY London, Ontario Free Standing, Multi-Unit Building
� Main Floor Commercial Tenants � 1 - 2 Bedroom Apartments � 5 - 1 Bedroom Apartments � 2 - Bachelor Apartments � High end finishes in all the units � 100% Occupancy � ASKING $1,200,000
� Easy access to Highways 401 & 402 � Site Area: approximately 1.50 acres � Building Sq. Footage - 23,600 sq.ft.
Main Floor - 16,800 sq.ft. Second Floor - 6,800 sq.ft.
� Zoned Light Industrial - LI 6(4), LI7 � ASKING $1,295,000
GARY POLLOCK, Broker [email protected] Ext. 222
OFFICE SPACEFOR LEASE
11266917_2716
BELLEVILLE
57 SUITES
• 1 x Bachelor 11 x Two Bedrooms• Good Size Bachelor Unit (Vacant) Remains to be Renovated; Kitchen Cabinets and Bath Missing and Will have to be Installed by Buyer• 6.5 % CAP Rate• 20.3% R.O.I• Treat Mortgage as Clear• Well Located rental Building
• Asking $1,250,000• Asking $104,167 per Suite• On Bus Route• Ample on Site Paved Parking• 11 Tenants Pay Their Own Hydro• Walking Distance to Amenities• 2 Bedroom units Have Been Recently Renovated, Including New Kitchen and Baths
Solid 12-Plex
in Downtown
London
Bright Renovated
Spacious Units!
NIAGARA FALLS LONDON
12 SUITES
• 1 x Bachelor
22 x One Bedrooms
34 x Two Bedrooms
• Walking Distance to Via
Rail Station
• Well Constructed
Concrete Building
• 5.8% CAP Rate
• Ex. 1st Mtg to be assumed
by Purchaser.
• Asking $5,200,000• Asking $91,228 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
GREAT SUITE MIXEXCELLENT
Construction
11 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
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 • 25.1% R.O.I.• Treat Mortgage as Clear
PRICEREDUCED!Large
Corner Lot
12 SUITES 5 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 Financing as 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
TORONTO
• Asking $804,888• Asking $73,172 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
• 6.7% CAP Rate
• 13.3% R.O.I.
• Seller will consider holding
VTB 1st Mortgage for
80% of Purchase at 5%
• Asking $725,000• Asking $72,500 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 FALLS
8172756_2716
5GCOM
COMM_GLOSS_2716.indd 5 2016-06-28 1:49 PM
Dietmar Sommerfeld**, CCIM519 340 [email protected]
Will Hunter**, BBA519 340 [email protected]
www.cbre.ca
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
Waterloo Region101 Frederick Street, Suite 810N2H 6R2T 519 744 4900
Windsor3200 Deziel Drive, Suite 110N8W 5K8T 519 252 4095
* Sales Representative** Broker
SOUTHWESTERN ONTARIO INVESTMENT TEAMRECENTLY SOLD PROPERTIES
• Long term leaseback with CRS Contractor Rental Supply• Includes 2.5 acres of development land• Close Date: February 2016
• 358,000 sq. ft. manufacturing facility on 20.39 acres• Future redevelopment opportunity• Close Date: April 2016
• 2.98 Acres• Sale Price: $6,150,000• Close Date: October 5, 2016
High Profile Industrial Invesment21 Warring St., Hamilton, ON
Large Industrial Facility530 Manitou Dr., Kitchener, ON
Income Generating Multi-Family Investment15 Millwood Cres., Kitchener, ON
Mitchell Blaine*519 340 [email protected]
Mitchell Blaine*519 340 [email protected]
SOLD
SOLD
SOLD
11277220_2716
8148
088_
2716
Tony DeSantis905-777-0252 ext 304
E-mail: [email protected]
www.desantis.com
For Lease - 4150 sq. ft. - from $7.50 per sq. ft. Close to QEW,
Red Hill Parkway & major bus routes.
247 CENTENNIAL PARKWAY N., HAMILTON
1715_DJW_1_0028
COMMERCIAL/RETAIL/OFFICE SPACE
Close to The Court House, City Hall and McMaster,Available Immediately
Downtown office space from 155 sq. ft to 1548 sq. ft.
From $12.00 per sq. ft. gross.
8 MAIN ST. E., HAMILTON
1715_DJW_2_0029
OFFICE SPACE
Available Immediately.1403 sq. ft.
Plenty of parking and signage. Easy access to QEW.
QEW & CENTENNIAL PARKWAY - 45 GODERICH
1715_DJW_1_7007
OFFICE RETAIL SPACE
v
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KITCHENER, ONTARIO519.578.0337
DUNCAN MCLEANSalesRepresentative
CELL: [email protected]
CHRIS McFARLANESalesRepresentative
CELL: [email protected]
RYANBRIGGSSalesRepresentative
CELL: [email protected]
2716
_DJW
_1_8
000
735 BRIDGE ST W, WATERLOO
• Or lease for $12.00/sf• 12,184 sf free standing
signature offi ce building• Great location in N Waterloo• Quality fi nishes with lots of
natural light• Close to Expressway, shopping,
recreation and public transit• 35 parking spaces• Call Duncan McLean
$1,925,000
2716
_DJW
_002
4
2786 KING ST. E., KITCHENER
• 1.3 acre redevelopment site • Includes vacant land at 1401
Weber St. E.• Zoned C-6 (Commercial)• Great location close to Hwy 8 with
excellent exposure• Total potential annual income
of $64,800• Exclusive Listing• Call Neil Koebel
$1,030,000
2716
_DJW
_1_0
029
159 ERB ST W, WATERLOO
• 4,200 sq. ft. auto garage• 84 ft frontage on 0.22 acre• 3 bays plus ample parking• MR-6 Zoning close to
Uptown Waterloo
• Land & Building only• Call Ryan Briggs
$995,000
2716
_DJW
_2_0
031
INNERKIP DEVELOPMENT SITE & LOTS
• 2 acre parcel of R-3 land• Site plan approved &
registered for 27 freehold townhouses
• Five 52' x 120' single family
lots for $99,000 each• 5 minutes to 401
interchanges & less than 5 km to Woodstock Toyota
• Call Ryan Briggs
$950,000
2716
_DJW
_1_0
028
28 WEBER ST W, KITCHENER
• Attractive 4,400 sf brick building with offi ces on main & 2nd fl oor plus 2 bedroom apartment in loft
• Great exposure• 7 parking spaces
• Walk to downtown, new provincial courthouse, entertainment, shopping and parks.
• Call Ryan Briggs
$799,900
2716
_DJW
_1_0
025
288 & 292 OTTAWA ST S, KITCHENER
• Fantastic redevelopment site
• Steps to the new LRT stop• Large lots• R5 zoning
• 288 & 292 Ottawa must be purchased together
• Call Chris McFarlane
$720,000
2716
_DJW
_002
3
1305-1309 KING ST E, CAMBRIDGE
• Three stone-faced townhomes
• Tons of re-development opportunity in this large downtown Preston
corner lot• No heritage designation• RM3 residential zone,
multi-residential• Call Duncan McLean
$469,900
2716
_DJW
_002
5
#8 - 160 FROBISHER DR., WATERLOO
• Rare Waterloo industrial condo for sale
• Excellent location close toHwy 85, 7 & 8
• Includes spray booth and
compressor in shop area, showroom with gas fi replace, offi ce and kitchen
• Condo fee is $335/Mth• Call Duncan McLean
$309,900
2716
_DJW
_002
2
106 -191 KING ST S, WATERLOO
• 2,135sf retail unit available at Bauer Marketplace in Uptown Waterloo
• $27/sf rent plus $10.50/sf CAM • Great location close to Mark
Nunes, Bauer Kitchener, Vincezo's and others.
• Zoning allows many retail and offi ce uses.
• Call Duncan McLean
$27.00/SF
2716
_DJW
_1_0
005
24 KING ST E, KITCHENER • Beautiful restored bldg in
owntown Kitchener• 1,580 sf Upper level $25/
sf with 540 sf rooftop patio
• 1,370 sf Lower level with open space at $19/sf
• Zoning allows many uses• Close to courthouse and
new LRT• Call Chris McFarlane
$19 & $25/SF
2716
_DJW
_2_0
028
540 BINGEMANS CENTRE DR, KITCHENER
• High profi le offi ce building under construction
• Ready for occupancy fall 2016• Two fl oors consisting of 11,250 sf ea. • Customization for single tenant
still possible• Convenient access to Hwy 85, 7 & 8
and future Hwy 7• Minutes to GO Train and VIA Rail• Call Duncan McLean
$20.00/SF
2716
_DJW
_2_0
029
4210 KING ST E, KITCHENER
• Bright nicely fi nished offi ce space available Sept. 2017
• Floor plates of 15,433 & 15,533 sf, could be leased separately
• Additional 30,000 sf can be built plus more parking
• Minutes to Hwy 401, Conestoga College & Toyota
• Call Duncan McLean
$20.00/SF
2716
_DJW
_1_0
032
FREDERICK MALL, KITCHENER
• Retail units and pad site available from 1,033 - 12,634 sf
• On bus route and Highway 7/85
• Great neighbourhood mall with 22,945 AADT (2014)
• Join Valumart, CIBC, Dollarama and many more
• Call Duncan McLean
$14-$14.95/SF
2716
_DJW
_3_0
029
1165 FRANKLIN ST. CAMBRIDGE
• 3,000 sq ft. offi ce unit• High profi le building• Close to public transit &
Highway 401• CAM $5.27/sf
• Ample parking• Call Chris McFarlane
$11.95/SF
2716
_DJW
_2_0
030
101 HAZELGLEN DRIVE
• 1,536 sf & 8,210 sf store front units
• 2,520 s.f. 2nd fl oor offi ce space, divided into 8 offi ces
• $2.50/sf 2nd fl oor space• Zoning allows many retail
& offi ce uses. • CAM $6.75/sf• Call Duncan McLean
$6.95/SF MAIN FLOOR
6GCOM
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v
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6
KITCHENER, ONTARIO519.578.0337
DUNCAN MCLEANSalesRepresentative
CELL: [email protected]
CHRIS McFARLANESalesRepresentative
CELL: [email protected]
RYANBRIGGSSalesRepresentative
CELL: [email protected]
27
16_D
JW_1
_800
0735 BRIDGE ST W, WATERLOO
• Or lease for $12.00/sf• 12,184 sf free standing
signature offi ce building• Great location in N Waterloo• Quality fi nishes with lots of
natural light• Close to Expressway, shopping,
recreation and public transit• 35 parking spaces• Call Duncan McLean
$1,925,000
2716
_DJW
_002
4
2786 KING ST. E., KITCHENER
• 1.3 acre redevelopment site • Includes vacant land at 1401
Weber St. E.• Zoned C-6 (Commercial)• Great location close to Hwy 8 with
excellent exposure• Total potential annual income
of $64,800• Exclusive Listing• Call Neil Koebel
$1,030,000
2716
_DJW
_1_0
029
159 ERB ST W, WATERLOO
• 4,200 sq. ft. auto garage• 84 ft frontage on 0.22 acre• 3 bays plus ample parking• MR-6 Zoning close to
Uptown Waterloo
• Land & Building only• Call Ryan Briggs
$995,000
2716
_DJW
_2_0
031
INNERKIP DEVELOPMENT SITE & LOTS
• 2 acre parcel of R-3 land• Site plan approved &
registered for 27 freehold townhouses
• Five 52' x 120' single family
lots for $99,000 each• 5 minutes to 401
interchanges & less than 5 km to Woodstock Toyota
• Call Ryan Briggs
$950,000
2716
_DJW
_1_0
028
28 WEBER ST W, KITCHENER
• Attractive 4,400 sf brick building with offi ces on main & 2nd fl oor plus 2 bedroom apartment in loft
• Great exposure• 7 parking spaces
• Walk to downtown, new provincial courthouse, entertainment, shopping and parks.
• Call Ryan Briggs
$799,900
2716
_DJW
_1_0
025
288 & 292 OTTAWA ST S, KITCHENER
• Fantastic redevelopment site
• Steps to the new LRT stop• Large lots• R5 zoning
• 288 & 292 Ottawa must be purchased together
• Call Chris McFarlane
$720,000
2716
_DJW
_002
3
1305-1309 KING ST E, CAMBRIDGE
• Three stone-faced townhomes
• Tons of re-development opportunity in this large downtown Preston
corner lot• No heritage designation• RM3 residential zone,
multi-residential• Call Duncan McLean
$469,900
2716
_DJW
_002
5
#8 - 160 FROBISHER DR., WATERLOO
• Rare Waterloo industrial condo for sale
• Excellent location close toHwy 85, 7 & 8
• Includes spray booth and
compressor in shop area, showroom with gas fi replace, offi ce and kitchen
• Condo fee is $335/Mth• Call Duncan McLean
$309,900
2716
_DJW
_002
2
106 -191 KING ST S, WATERLOO
• 2,135sf retail unit available at Bauer Marketplace in Uptown Waterloo
• $27/sf rent plus $10.50/sf CAM • Great location close to Mark
Nunes, Bauer Kitchener, Vincezo's and others.
• Zoning allows many retail and offi ce uses.
• Call Duncan McLean
$27.00/SF
2716
_DJW
_1_0
005
24 KING ST E, KITCHENER • Beautiful restored bldg in
owntown Kitchener• 1,580 sf Upper level $25/
sf with 540 sf rooftop patio
• 1,370 sf Lower level with open space at $19/sf
• Zoning allows many uses• Close to courthouse and
new LRT• Call Chris McFarlane
$19 & $25/SF
2716
_DJW
_2_0
028
540 BINGEMANS CENTRE DR, KITCHENER
• High profi le offi ce building under construction
• Ready for occupancy fall 2016• Two fl oors consisting of 11,250 sf ea. • Customization for single tenant
still possible• Convenient access to Hwy 85, 7 & 8
and future Hwy 7• Minutes to GO Train and VIA Rail• Call Duncan McLean
$20.00/SF
2716
_DJW
_2_0
029
4210 KING ST E, KITCHENER
• Bright nicely fi nished offi ce space available Sept. 2017
• Floor plates of 15,433 & 15,533 sf, could be leased separately
• Additional 30,000 sf can be built plus more parking
• Minutes to Hwy 401, Conestoga College & Toyota
• Call Duncan McLean
$20.00/SF
2716
_DJW
_1_0
032
FREDERICK MALL, KITCHENER
• Retail units and pad site available from 1,033 - 12,634 sf
• On bus route and Highway 7/85
• Great neighbourhood mall with 22,945 AADT (2014)
• Join Valumart, CIBC, Dollarama and many more
• Call Duncan McLean
$14-$14.95/SF
2716
_DJW
_3_0
029
1165 FRANKLIN ST. CAMBRIDGE
• 3,000 sq ft. offi ce unit• High profi le building• Close to public transit &
Highway 401• CAM $5.27/sf
• Ample parking• Call Chris McFarlane
$11.95/SF
2716
_DJW
_2_0
030
101 HAZELGLEN DRIVE
• 1,536 sf & 8,210 sf store front units
• 2,520 s.f. 2nd fl oor offi ce space, divided into 8 offi ces
• $2.50/sf 2nd fl oor space• Zoning allows many retail
& offi ce uses. • CAM $6.75/sf• Call Duncan McLean
$6.95/SF MAIN FLOOR
7GCOM
COMM_GLOSS_2716.indd 7 2016-06-28 1:49 PM
Jack Cox**519 286 [email protected]
Mitchell Blaine*519 340 [email protected]
Barry Poley*519 286 [email protected]
www.cbre.ca
SOUTHWESTERN ONTARIO INVESTMENT TEAMInvestment Opportunities
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
Fringe Core Office BuildingLondon, ON
• 33,800 sq. ft., fully leased office building• On-site and underground parking• Tenant mix; government & medical office users• Asking $2,000,000
• 140,000 sq. ft. industrial facility on 3.78 acres• Future redevelopment potential• Centrally located to a future LRT station• Asking $5,950,000
• 2 parcels for sale on Commissioners Rd E.• R9-7 zoning permits high rise apartment• 0.58 acres, asking $825,000• 4.86 acres, asking $630,000
• 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
Office Investment PropertyWindsor, ON
Industrial Investment OpportunityKitchener, ON
High Density Residential LandLondon, ON
Income Generating Retail PlazaLondon, ON
• 17,025 sq. ft. on 1.45 Acres• Along LRT route, ample parking• Multi-tenant with sign income• Asking $995,000
• 26,188 sq. ft. of flex office suites• New roof, windows & doors, a modern facade• Close proximity to Hwy 401 and Hwy 403• Asking $3,150,000
• 2.38 Acre site at signalized intersection• Located in southwest London on prime artery• Asking $6,250,000
• 56% Leased - up to to 45,021 SF for sale or lease• Pre-cast facility with modern stucco & glass facade• Located within close proximity to Hwy 403• Asking $7,960,000
Multi-Tenant Industrial BuildingKitchener, ON
Newly Renovated Flex Office BuildingCambridge, ON
27,644 sq. ft. Retail PlazaLondon, ON
Class ‘A’ Industrial FacilityBrantford, ON
* Sales Representative** Broker
Dietmar Sommerfeld**, CCIM519 340 [email protected]
Chris Kotseff*519 340 [email protected]
Will Hunter**, BBA519 340 [email protected]
Kevin MacDougall**519 286 [email protected]
SOUTHWESTERN ONTARIO INVESTMENT TEAMInvestment Opportunities
SOUTHWESTERN ONTARIO INVESTMENT TEAM
INVESTMENT OPPORTUNITIES
David Yanoshita*519 286 [email protected]
Tim Schnurr*519 286 [email protected]
Brook Handysides*519 946 [email protected]
Mitchell Blaine*519 340 [email protected]
11276500_2716
11305825_2716
$206900
8GCOM
COMM_GLOSS_2716.indd 8 2016-06-28 1:49 PM
Jack Cox**519 286 [email protected]
Mitchell Blaine*519 340 [email protected]
Barry Poley*519 286 [email protected]
www.cbre.ca
SOUTHWESTERN ONTARIO INVESTMENT TEAMInvestment Opportunities
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
Fringe Core Office BuildingLondon, ON
• 33,800 sq. ft., fully leased office building• On-site and underground parking• Tenant mix; government & medical office users• Asking $2,000,000
• 140,000 sq. ft. industrial facility on 3.78 acres• Future redevelopment potential• Centrally located to a future LRT station• Asking $5,950,000
• 2 parcels for sale on Commissioners Rd E.• R9-7 zoning permits high rise apartment• 0.58 acres, asking $825,000• 4.86 acres, asking $630,000
• 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
Office Investment PropertyWindsor, ON
Industrial Investment OpportunityKitchener, ON
High Density Residential LandLondon, ON
Income Generating Retail PlazaLondon, ON
• 17,025 sq. ft. on 1.45 Acres• Along LRT route, ample parking• Multi-tenant with sign income• Asking $995,000
• 26,188 sq. ft. of flex office suites• New roof, windows & doors, a modern facade• Close proximity to Hwy 401 and Hwy 403• Asking $3,150,000
• 2.38 Acre site at signalized intersection• Located in southwest London on prime artery• Asking $6,250,000
• 56% Leased - up to to 45,021 SF for sale or lease• Pre-cast facility with modern stucco & glass facade• Located within close proximity to Hwy 403• Asking $7,960,000
Multi-Tenant Industrial BuildingKitchener, ON
Newly Renovated Flex Office BuildingCambridge, ON
27,644 sq. ft. Retail PlazaLondon, ON
Class ‘A’ Industrial FacilityBrantford, ON
* Sales Representative** Broker
Dietmar Sommerfeld**, CCIM519 340 [email protected]
Chris Kotseff*519 340 [email protected]
Will Hunter**, BBA519 340 [email protected]
Kevin MacDougall**519 286 [email protected]
SOUTHWESTERN ONTARIO INVESTMENT TEAMInvestment Opportunities
SOUTHWESTERN ONTARIO INVESTMENT TEAM
INVESTMENT OPPORTUNITIES
David Yanoshita*519 286 [email protected]
Tim Schnurr*519 286 [email protected]
Brook Handysides*519 946 [email protected]
Mitchell Blaine*519 340 [email protected]
11276500_2716
11305825_2716
$206900
9GCOM
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•••••
•••
•
1130
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HomeLife Bayview Realty Inc.,Brokerage
Rita Mollicone, B.A.
Residential, Commercial and InvestmentsSales Representative
Office: 905-889-2200 • Cell: 416-508-2949Email: [email protected]
Twin City Realty Inc. Brokerage
1 Grand River St.,Paris ON
Office 519-442-0005
[email protected]: 226-388-4083Holly Illman, MBA Sales Representative
DEVELOPMENT PROPERTIESAVAILABLE IN PARIS AND NORWICH
HAVE INVESTORSLOOKING FOR INVESTMENT PROPERTIES
ALSO AVAILABLE TOWNHOUSE SITES IN TORONTO
••• CALL 416-508-2949 FOR INFORMATION •••
11266919_2716205 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
BRAMPTON• Great opportunity for a development site• Heart of downtown Brampton• High density mixed use - approx. 300 units• Development charges reduced to 1/3• Shovel ready - all that is needed is your architectural drawings• Site under the Development Permit System By-law
PLAZA - GTA• Excellent location - main thoroughfare• Corner property• Residential component• 2.3 acres• 5.5% cap at $8M
ESSO GAS STATION• Newly built• 10-bay car wash• OLG lottery• Approx. 2 acres• Asking price $4.6M• Projected Net Income $500K
H A M I L T O N
HomeLifeProfessionals
Realty Inc.
Mazhar Roshan905.929.9800 Direct
[email protected] have qualified buyers for up to $5M in
commercial and investment buyers.Call for details.
905.929.9800 Sales Representative
647.609.9463 GTA Direct
905.574.6400 Office
BROKERAGE
8148
414_
2716
REDUCED
$179
,900
BURLINGTON FOR LEASE $20.00 PER SQUARE FOOT
3932 sq. ft. of retail space, used to be a bar. Walk-in cooler, freezer & kitchen set-up with hood. Available immediately for lease. TMI is $8 PSF. For viewing & equipment list call Mazhar.
2716_DJW_0005
FOR LEASE - $20.00 PER SQUARE FOOT
Very busy location close to QEW, Home Depot & all other commercial businesses. 1100 sq. ft. retail space available. Good for of� ce, storefront or any kind of business. TMI is roughly $8 PSF. Call LBO for viewing or more details. 2716_DJW_0006
HAMILTON FOR LEASE $6,500.00 PER MONTH
Location, location, location, Central Mountain. Long established, fully functional. Fully equipped 5 Bays hoist auto repair shop available for lease. Rent includes TMI, tenant to pay utilities. Minimum one year lease required. Turnkey operation. For viewing, list of equipment and more information pls contact Mazhar. 2716_DJW_0007
2716_DJW_1_0017
PLAZA FOR SALE
Fully leased plaza for sale. Net income $102,000. Anchor tenant Royal Bank, 30 minutes south of Hamilton. Cap rate 6%. Call Mazhar Roshan for more details. 2716_DJW_2_0085
BURLINGTON BUSINESS FOR SALE
Located on Mountainside in Burlington. Business operates six days a week. 2716_DJW_1_0023
2716_DJW_1_0019
VACANT LAND $3,500,000
On Hwy #7 just before Ottawa. 150 acres of vacant land. Over a km facing on year round open gravel road. Property is surrounded by Thompson Lake in the town of Arden. All kinds of uses permitted. Call for more details.
2716_DJW_1_0006
BURLINGTON - $74,900
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. 2716_DJW_1_0021
BUSINESS FOR SALE - $179,900
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. 2716_DJW_1_0061
HAMILTON $249,900
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. 2716_DJW_1_0013
FOR LEASE STONEY CREEK - $2,200,00 P/M
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.
2716_DJW_1_0011
2716_DJW_1_0041
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 - ALSO AVAILABLE FOR LEASE
REDUCED
$49,9
00
2716_DJW_2_0018
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.
EAST HAMILTON
10GCOM
COMM_GLOSS_2716.indd 10 2016-06-28 1:49 PM
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Special Features
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
12 INVESTOR INSIGHTS — Five things to know about closing costs when investing in a pre-construction condoby Andrew la Fleur
26 IN THE NEWS — Supporting young entrepreneurs and their winning ideas Across the Province
29 IN THE NEWS — Indoor Navigation, Improved WiFi, CF SHOP! Text and Website updates among new technologies defining the Cadillac Fairview shopping experience
30 TREB Report — GTA Realtors report commercial market figures
36 IN THE NEWS — Mayor Tory and partners launch Digital Main Street business platform
44 MARKET MINDED — Conference Board economic index signals stronger economy ahead for Canada
48 IN THE NEWS — A new era in Canadian industrial real estate
GLOSSY SECTION EDITORIAL
12G IN THE NEWS — Tech advances a disruptive force on the traditional commercial real estate industry
14G LEGALLY SPEAKING — Are assets or shares your best bet?By Jayson Schwarz
16G IN THE NEWS — Exempting online US retailers from Canadian taxes and duties would hurt, not help local SMEs
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Please say you saw it in The Commercial Investor
Commercial Real Estate & Business Opportunities2 Volume 16 Issue 06Commercial Real Estate & Business Opportunities2
COM_2716.indd 2 2016-06-29 4:57 PM
Special Features
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
12 INVESTOR INSIGHTS — Five things to know about closing costs when investing in a pre-construction condoby Andrew la Fleur
26 IN THE NEWS — Supporting young entrepreneurs and their winning ideas Across the Province
29 IN THE NEWS — Indoor Navigation, Improved WiFi, CF SHOP! Text and Website updates among new technologies defining the Cadillac Fairview shopping experience
30 TREB Report — GTA Realtors report commercial market figures
36 IN THE NEWS — Mayor Tory and partners launch Digital Main Street business platform
44 MARKET MINDED — Conference Board economic index signals stronger economy ahead for Canada
48 IN THE NEWS — A new era in Canadian industrial real estate
GLOSSY SECTION EDITORIAL
12G IN THE NEWS — Tech advances a disruptive force on the traditional commercial real estate industry
14G LEGALLY SPEAKING — Are assets or shares your best bet?By Jayson Schwarz
16G IN THE NEWS — Exempting online US retailers from Canadian taxes and duties would hurt, not help local SMEs
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.
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Commercial Real Estate & Business Opportunities
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3Volume 16 Issue 06 Commercial Real Estate & Business Opportunities 3
COM_2716.indd 3 2016-06-29 4:58 PM
Mike MilovickB.B.A., CCIM, Broker
1129
8911
_271
6
Grand Valley RealtyBROKERAGE
INDEPENDENTLY OWNED AND OPERATED
Subscribe: Latest KWC Real Estate News: www.FaceBook.com/TeamMilovick
www.teammilovick.com
519-745-7000519-745-7000519-745-7000519-745-7000Unit 15C, 370 Highland Road West, Kitchener, ON N2M 5J9 fax: 519-489-1333
www.TeamMilovick.comInvest in Ontario’s Number 1 Town Today!
• $109,800+ Annualized Gross Income
• Updates: Asphalt, deck, back staircase, interior stairwell, flooring, furnace+++
• Quick access to University of Waterloo with transit stop steps to building
• Entry level student apartment building
2716_DJW_1_0071
379 ERB STREET WEST, WATERLOO
$1,160,000
• Commercial Development Site
• Across from St. Jacob's Farmer's Market
• C3 Zoning, 1.96 Acres
• MLS
2716_DJW_1_0047
840 KING STREET NORTH, WOOLWICH
$949,900
• $79,000+ Gross Annualized Income Possible
• Purpose built, 15 student, city rental licensed triplex
• Class A Building, steps to Wilfrid Laurier University and Uptown
• Walk score of 90 - Walker's Paradise
2716_DJW_1_0074
52 NOECKER STREET, WATERLOO
$850,000
• $66,000 Gross Income
• 15 bedroom 4 Plex• Multi Residential
Lot• Ideal for Turn Key
Income & future redevelopment
•
2716_DJW_1_0069
392 ERB ST. W. WATERLOO
$699,900
• $42,000+ Gross Annual Income
• 4+4 Bedroom, Two Unit Building
• Newer furnace, flooring, paint, shed
• MLS
2716_DJW_1_0031
67 CARDILL CRESCENT, WATERLOO
$499,900
• Value is in the land! Nearly half an acre adjacent to MR land
• Work with the City to attempt zoning change to maximize re-development potential here
• Some neighbourhood precedent for re-zoning - same size lot, same zoning
• MLS2716_DJW_0003
14 ROOSEVELT AVENUE, WATERLOO
$399,900
• Owner occupy one unit, rent the other
• $32,000+ Gross Annual Income
• Turn key student investment
• 10 minute walk to UW
• MLS
2716_DJW_4_0018
46 AMOS AVENUE, WATERLOO
$369,900
• $31,500 Gross Annual Income
• All bedrooms epic-sized
• Five minute walk to UW
• An Investor's Dream
• MLS
2716_DJW_1_0014
90 MCDOUGALL ROAD, WATERLOO
$319,900
• Rare end unit• 3 rental bedrooms
& 1 bachelor set upon lower level
• Furniture supplied by landlord
• Close to Parkdale Plaza
• On bus routes to both universities
2716_DJW_1_0070
7-451 ALBERT STREET, WATERLOO
$239,990
• Industrial space available in popular Collier MacMillan Business Park
• Available at $5.25 per square foot per annum with a reasonable CAM of just $3.25 PSF
• M3 zoning provides for a variety of light manufacturing, general assembly and warehousing related uses
• Unit also has bonus roadside exposure to Collier MacMillan Drive
• Ample parking• Located 15 seconds to Highway 24 and two minutes to
four interchanges to access Highway 401• MLS
2716_DJW_0004
15 + 16, 520 COLLIER MACMILLAN DRIVE, CAMBRIDGE - $5.25 PSF
• Unit 6 - $299,900 - 4.80% Cap, MLS• Unit 20 - $389,900 - 5.22% Cap, MLS
2716_DJW_1_0101
BRIDGEPORT LOFTS, WATERLOO
2716_DJW_1_0094
310 KING STREET NORTH, WATERLOO
$899,900
• $72,000+ Gross Income
• Licensed Triplex• 13 Rental
bedrooms• Two Units Purpose
Built• MR-25 Zoning• Mostly re-rented
for September• MLS
2716_DJW_0002
13 AVONDALE AVENUE SOUTH, WATERLOO• Over $68,000+ Gross Annual Income Available• City Approved, Rental Licensed Operation
Fourplex (10 rental bedrooms)• Opportunities abound: Run as is - enjoying
exceptional student income• Parking for six vehicles• Steps to future LRT Station (2017) and
Waterloo Park• Easy walk to Uptown, University of Waterloo,
WIlfrid Laurier University, Perimeter Institute and CIGI
• MLS$599,900
• 6 Plex apartment building
• $186,000+ Gross Annual Income
• 5% cap rate• 30 students• Purpose built in
2011• MLS
2716_DJW_2_0006
345 SPRUCE STREET, WATERLOO
$2,330,000
• $170,000+ Annualized Gross Income
• Purpose built, student 7 plex apartment building
• One block from WLU, two blocks from UW
• New, pitched roof, multi-level four bedroom units
• MLS2716_DJW_1_0666
8 COLUMBIA ST. WATERLOO
$1,799,000
Please say you saw it in The Commercial Investor
Commercial Real Estate & Business Opportunities4 Volume 16 Issue 06
KITCHENER,WATERLOO& GUELPHSECTION
KITC
HENE
R, W
ATER
LOO
& G
UELP
H
COVERING:Cambridge Durham Elora
FergusGuelphKitchener Waterloo
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
For advertisingcontact Doreen WillsTel: 1-800-268-0077 or [email protected]@ypnexthome.ca
NewSectionPages_FullColor2015.indd 2 2015-03-19 3:47 PMCOM_2716.indd 4 2016-06-29 4:58 PM
Kitc
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ambr
idge
Mike MilovickB.B.A., CCIM, Broker
1129
8911
_271
6
Grand Valley RealtyBROKERAGE
INDEPENDENTLY OWNED AND OPERATED
Subscribe: Latest KWC Real Estate News: www.FaceBook.com/TeamMilovick
www.teammilovick.com
519-745-7000519-745-7000519-745-7000519-745-7000Unit 15C, 370 Highland Road West, Kitchener, ON N2M 5J9 fax: 519-489-1333
www.TeamMilovick.comInvest in Ontario’s Number 1 Town Today!
• $109,800+ Annualized Gross Income
• Updates: Asphalt, deck, back staircase, interior stairwell, flooring, furnace+++
• Quick access to University of Waterloo with transit stop steps to building
• Entry level student apartment building
2716_DJW_1_0071
379 ERB STREET WEST, WATERLOO
$1,160,000
• Commercial Development Site
• Across from St. Jacob's Farmer's Market
• C3 Zoning, 1.96 Acres
• MLS
2716_DJW_1_0047
840 KING STREET NORTH, WOOLWICH
$949,900
• $79,000+ Gross Annualized Income Possible
• Purpose built, 15 student, city rental licensed triplex
• Class A Building, steps to Wilfrid Laurier University and Uptown
• Walk score of 90 - Walker's Paradise
2716_DJW_1_0074
52 NOECKER STREET, WATERLOO
$850,000
• $66,000 Gross Income
• 15 bedroom 4 Plex• Multi Residential
Lot• Ideal for Turn Key
Income & future redevelopment
•
2716_DJW_1_0069
392 ERB ST. W. WATERLOO
$699,900
• $42,000+ Gross Annual Income
• 4+4 Bedroom, Two Unit Building
• Newer furnace, flooring, paint, shed
• MLS
2716_DJW_1_0031
67 CARDILL CRESCENT, WATERLOO
$499,900
• Value is in the land! Nearly half an acre adjacent to MR land
• Work with the City to attempt zoning change to maximize re-development potential here
• Some neighbourhood precedent for re-zoning - same size lot, same zoning
• MLS2716_DJW_0003
14 ROOSEVELT AVENUE, WATERLOO
$399,900
• Owner occupy one unit, rent the other
• $32,000+ Gross Annual Income
• Turn key student investment
• 10 minute walk to UW
• MLS
2716_DJW_4_0018
46 AMOS AVENUE, WATERLOO
$369,900
• $31,500 Gross Annual Income
• All bedrooms epic-sized
• Five minute walk to UW
• An Investor's Dream
• MLS
2716_DJW_1_0014
90 MCDOUGALL ROAD, WATERLOO
$319,900
• Rare end unit• 3 rental bedrooms
& 1 bachelor set upon lower level
• Furniture supplied by landlord
• Close to Parkdale Plaza
• On bus routes to both universities
2716_DJW_1_0070
7-451 ALBERT STREET, WATERLOO
$239,990
• Industrial space available in popular Collier MacMillan Business Park
• Available at $5.25 per square foot per annum with a reasonable CAM of just $3.25 PSF
• M3 zoning provides for a variety of light manufacturing, general assembly and warehousing related uses
• Unit also has bonus roadside exposure to Collier MacMillan Drive
• Ample parking• Located 15 seconds to Highway 24 and two minutes to
four interchanges to access Highway 401• MLS
2716_DJW_0004
15 + 16, 520 COLLIER MACMILLAN DRIVE, CAMBRIDGE - $5.25 PSF
• Unit 6 - $299,900 - 4.80% Cap, MLS• Unit 20 - $389,900 - 5.22% Cap, MLS
2716_DJW_1_0101
BRIDGEPORT LOFTS, WATERLOO
2716_DJW_1_0094
310 KING STREET NORTH, WATERLOO
$899,900
• $72,000+ Gross Income
• Licensed Triplex• 13 Rental
bedrooms• Two Units Purpose
Built• MR-25 Zoning• Mostly re-rented
for September• MLS
2716_DJW_0002
13 AVONDALE AVENUE SOUTH, WATERLOO• Over $68,000+ Gross Annual Income Available• City Approved, Rental Licensed Operation
Fourplex (10 rental bedrooms)• Opportunities abound: Run as is - enjoying
exceptional student income• Parking for six vehicles• Steps to future LRT Station (2017) and
Waterloo Park• Easy walk to Uptown, University of Waterloo,
WIlfrid Laurier University, Perimeter Institute and CIGI
• MLS$599,900
• 6 Plex apartment building
• $186,000+ Gross Annual Income
• 5% cap rate• 30 students• Purpose built in
2011• MLS
2716_DJW_2_0006
345 SPRUCE STREET, WATERLOO
$2,330,000
• $170,000+ Annualized Gross Income
• Purpose built, student 7 plex apartment building
• One block from WLU, two blocks from UW
• New, pitched roof, multi-level four bedroom units
• MLS2716_DJW_1_0666
8 COLUMBIA ST. WATERLOO
$1,799,000
Volume 16 Issue 06 Commercial Real Estate & Business Opportunities
Please say you saw it in The Commercial Investor
5
Kitc
hene
r/Wat
erlo
o Gu
elph
& C
ambr
idge
KITCHENER,WATERLOO& GUELPHSECTION
KITC
HENE
R, W
ATER
LOO
& G
UELP
H
COVERING:Cambridge Durham Elora
FergusGuelphKitchener Waterloo
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
For advertisingcontact Doreen WillsTel: 1-800-268-0077 or [email protected]@ypnexthome.ca
NewSectionPages_FullColor2015.indd 2 2015-03-19 3:47 PMCOM_2716.indd 5 2016-06-29 4:58 PM
Kitchener/Waterloo
Guelph & Cam
bridge
Commercial Real Estate & Business Opportunities
Please say you saw it in The Commercial Investor
6 Volume 16 Issue 06
Kitchener/Waterloo
Guelph & Cam
bridge
11236833_2716
COM_2716.indd 6 2016-06-29 4:58 PM
Kitc
hene
r/Wat
erlo
o Gu
elph
& C
ambr
idge
Volume 16 Issue 06 Commercial Real Estate & Business Opportunities
Please say you saw it in The Commercial Investor
7
Kitc
hene
r/Wat
erlo
o Gu
elph
& C
ambr
idge
Property which is zoned B2 includes
a 25,000 sf 16 foot clear height build-
ing, comprised of approximately
4,000 sf of finished office and 21,000
sf enclosed metal storage building.
Site includes approximately 3 acres of
yard area for outside storage or park-
ing. Location well suited for trucking/
logistics operations requiring parking
for trailers. Weigh scale on site. Rent
$15,000 per month plus building and
yard maintenance as well as metered
utilities. 2716_DJW_0042
PRIME KITCHENER INDUSTRIAL LOCATIONWITH EXCELLENT EXPRESSWAY ACCESS
1130
9381
_271
6
For more information call 519-745-3240or email [email protected]
BUSINESS FOR SALE -VOGUE PLUS MASSAGE, CAMBRIDGE
Your chance for a turn key business with all equipment and supplies needed. Affordable lease. 3 spacious massage rooms, sauna and jet shower included. Front and rear
entrance with some parking at back. Base-ment includes use of partial basement for laundry and storage. View by appointment
only - please do not go direct.
2316
_DJW
_007
2
2316
_DJW
_807
3
ROY CLEEVESBroker
Cell: 519-841-0559
www.callcleeves.comKITCHENER, ONOFFICE: 519-570-4447
11308802_2716
10309499_2716
MLS# 30519502 CALL DIRECT: 519-497-7755
11236833_2716
COM_2716.indd 7 2016-06-29 4:58 PM
Kitchener/Waterloo
Guelph & Cam
bridge
Commercial Real Estate & Business Opportunities
Please say you saw it in The Commercial Investor
8 Volume 16 Issue 06
Kitchener/Waterloo
Guelph & Cam
bridge
8331512_2716
COLDWELL BANKER COMMERCIAL PETER BENNINGER REALTY, BROKERAGE 508 RIVERBEND DRIVE, KITCHENER, ON. Phone: 519‐743‐5211
e: [email protected] www.coldwellbankerpbr.com/commercial
* Sales Representa�ve ** Broker
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
e: [email protected] www.coldwellbankerpbr.com/commercial
* Sales Representa�ve ** Broker
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
e: [email protected] www.coldwellbankerpbr.com/commercial
* Sales Representa�ve ** Broker
RETA I L FOR SALE/LEASE
2,025 SF · $20.00/SF · MLS: 30518433 · Kitchener Main floor Commercial/Professional Office Space on high profile corner. John Hoffman* 905 to 1,488 SF · $26.00/SF Net · MLS: 30518099/30502663/30502665 · Kitchener New retail plaza on corner of Fischer Hallman and Seabrook Dr. High exposure‐ high traffic. Ample on site drive‐up parking. Lester Tobin* 5,000 SF · $16.95/SF · MLS:30504304 · Kitchener New Building, High Visibility, Free on‐site parking. John Hoffman*/ Gary Boudreau*
1,843 ‐ 5,947 SF · $20.00/SF Net · MLS:30505595 /5597 · 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:30518529 · 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, average traffic count 17,500 cars daily. Zoning permits many uses. Bill Halpenny*
1,114 SF · $22.00/SF · MLS: 30523827 · Kitchener · Last unit available w/high exposure in centrally located retail plaza. Drive up unit on high traffic rd. in high density residen�al area. Traffic counts over 40,184 cars. Strong tenant support. Shoppers Drug Mart, Dollarama, Sco�abank, Swiss Chalet and many more. Lester Tobin*
3,200 SF · $15.50/SF · MLS:30525672 · Cambridge Zoning C2, Ample Free Parking, Drive‐Thru. Gary Boudreau**
OFF ICE FOR SALE/LEASE
1,413 SF · $12.00/SF · MLS: 30516996 · Kitchener Great location for Medical use. Gary Boudreau*
8,991 SF · $12.50/SF · MLS:30504305 · Kitchener New Building, High Visibility, Free on‐site parking. John Hoffman*/ Gary Boudreau*
1,114 SF · $12.00/SF Net · MLS:30524639 · Kitchener · Looking one to two general prac��oners to take over a medical office of a re�ring doctor. The office includes 4 fully equipped exam rooms, built in recep�on area, wai�ng room and washrooms. Located in busy retail plaza with a Shoppers Drug Mart. Lester Tobin* KITCHENER PLAZA RETAIL/OFFICE SPACE 839 SF · $12.00/SF · MLS: KW1537515 Nicely nished units in busy shopping centre, low common fees, on public transit route, exis�ng tenants include Li�le Short Stop, KW Gaming, Curves, Sco�abank & more. 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* 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 · $650,000 MLS:30509700 · Simcoe · Centrally Located in the heart of Norfolk County. Poten�al for ver�cal growth. Colin Vogel*/Peter Benninger**
532 SF · $1,050/mth ·MLS:30526564 · Waterloo Newly renovated, nished office on 2nd oor in well known, award winning building avail. for sublease. Large windows, plenty of natural light. High traffic intersec�on sees almost 40,000 cars daily. 24/7 electronic reader board on University Avenue. Ideal for professional office or personal services. Colin Vogel*
INVESTMENT FOR SALE
MULT I ‐ IND I S TR IAL / RES IDENT IAL 10,700 SF · $975,000 MLS:30524415 · Kitchener Selling @ 8% return most of roofs replaced. Some long term tenants in place. John Hoffman*
COMMERC IAL/RED I SENT IAL PROPERTY1,572 SF · $399,000 · MLS: 30516132 · Waterloo Potential use commercial on main floor w/ residential on 2nd floor or 100% commercial Lester Tobin*
RETA I L OR REDEVELOPMENT S I TE1,586 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 ICE I NVESTMENT FOR SALE10,704 SF · $2,195,000 · MLS:30508545 St Jacobs · Excellent for Owner/User. Potential for value add. James Boudreau**
INDUSTR IAL/WAREHOUSE FOR LEASE/SALE
30,400 SF · 3.09 Acres · $3,400,000 | $10.00/SF MLS: 30525493/30525439 · Cambridge · New finish to food grade, insulated panels, some equip‐ment, spiral freezer, 4 docks Room to expand. John Hoffman* 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 EXCLUSIVE · 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_2716
COLDWELL BANKER COMMERCIAL PETER BENNINGER REALTY, BROKERAGE 508 RIVERBEND DRIVE, KITCHENER, ON. Phone: 519‐743‐5211
* Sales Representa�ve ** Broker
www.coldwellbankerpbr.com/commercial
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
* Sales Representa�ve ** Broker
www.coldwellbankerpbr.com/commercial
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
* Sales Representa�ve ** Broker
www.coldwellbankerpbr.com/commercial
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. 3000
Gary Boudreau * · ext. 3029
James Boudreau ** · ext. 3020
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
21,775 SF · $4.50/SF · MLS: 30505583 Kitchener · Excellent manufacturing and/or warehouse facility. Good power, loading and parking. Roman Ginzburg*
6,994 SF · $6.00/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 4 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 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** DEVELOPMENT LAND FOR SALE 3 . 58 Ac re s · $995,000 · Conestogo 30506497/63050504 · Backs onto forested area. Excellent re‐development opportunity. James 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) · $889,900 · Kitchener EXCLUSIVE · Income potential from buildings. Redevelopment parcel. James Boudreau** LAND&BUI LD INGS ‐ INVESTMENT OFF ICE 12,853 SF · $2,100,000 · Kitchener MLS# 30503036 · Multi‐tenant office building. Centrally located. Zoning & property suitable for many uses. James 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. In a park setting. John Hoffman* 66.58 Ac. · $2,200,000 · EXCLUSIVE Cambridge · Under consideration to change OP designation to industrial. Peter Benninger** 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
2,000 SF · $259,000 · MLS:30524701 · Kitchener Burger kitchen located at high traffic intersection. 50 seats. No Franchise. Lester Tobin* 1,800 SF · $149,000 · MLS:30518173 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* 4,437 SF · $499,000 · MLS:30516625 · Waterloo Established since 1996 with many locations throughout Ontario. Family style restaurant with liquor license and seating for 148 + 25 on patio. Lester Tobin* 2,000 SF · $259,000 · MLS:30524710 · Waterloo Burger kitchen located in University District. 58 seats dining room, 40 seats patio. High income. Well established. No Franchise. Lester Tobin*
MULT I ‐FAMILY INVESTMENT 24 units · $4,750,000 · MLS: 30525381· Kitchener Building is 100% leased featuring high end designer finishes including hard wood floors, quartz countertops, stainless steel appliances, in suite laundry, air conditioning. Building constructed with separate hydro, gas and water meters with very little operating costs. Property is condo titled for individual sales. Ideally located near transit, shopping and expressway. Eric Reiner*
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8331512_2716
COLDWELL BANKER COMMERCIAL PETER BENNINGER REALTY, BROKERAGE 508 RIVERBEND DRIVE, KITCHENER, ON. Phone: 519‐743‐5211
e: [email protected] www.coldwellbankerpbr.com/commercial
* Sales Representa�ve ** Broker
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
e: [email protected] www.coldwellbankerpbr.com/commercial
* Sales Representa�ve ** Broker
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
e: [email protected] www.coldwellbankerpbr.com/commercial
* Sales Representa�ve ** Broker
RETA I L FOR SALE/LEASE
2,025 SF · $20.00/SF · MLS: 30518433 · Kitchener Main floor Commercial/Professional Office Space on high profile corner. John Hoffman* 905 to 1,488 SF · $26.00/SF Net · MLS: 30518099/30502663/30502665 · Kitchener New retail plaza on corner of Fischer Hallman and Seabrook Dr. High exposure‐ high traffic. Ample on site drive‐up parking. Lester Tobin* 5,000 SF · $16.95/SF · MLS:30504304 · Kitchener New Building, High Visibility, Free on‐site parking. John Hoffman*/ Gary Boudreau*
1,843 ‐ 5,947 SF · $20.00/SF Net · MLS:30505595 /5597 · 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:30518529 · 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, average traffic count 17,500 cars daily. Zoning permits many uses. Bill Halpenny*
1,114 SF · $22.00/SF · MLS: 30523827 · Kitchener · Last unit available w/high exposure in centrally located retail plaza. Drive up unit on high traffic rd. in high density residen�al area. Traffic counts over 40,184 cars. Strong tenant support. Shoppers Drug Mart, Dollarama, Sco�abank, Swiss Chalet and many more. Lester Tobin*
3,200 SF · $15.50/SF · MLS:30525672 · Cambridge Zoning C2, Ample Free Parking, Drive‐Thru. Gary Boudreau**
OFF ICE FOR SALE/LEASE
1,413 SF · $12.00/SF · MLS: 30516996 · Kitchener Great location for Medical use. Gary Boudreau*
8,991 SF · $12.50/SF · MLS:30504305 · Kitchener New Building, High Visibility, Free on‐site parking. John Hoffman*/ Gary Boudreau*
1,114 SF · $12.00/SF Net · MLS:30524639 · Kitchener · Looking one to two general prac��oners to take over a medical office of a re�ring doctor. The office includes 4 fully equipped exam rooms, built in recep�on area, wai�ng room and washrooms. Located in busy retail plaza with a Shoppers Drug Mart. Lester Tobin* KITCHENER PLAZA RETAIL/OFFICE SPACE 839 SF · $12.00/SF · MLS: KW1537515 Nicely nished units in busy shopping centre, low common fees, on public transit route, exis�ng tenants include Li�le Short Stop, KW Gaming, Curves, Sco�abank & more. 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* 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 · $650,000 MLS:30509700 · Simcoe · Centrally Located in the heart of Norfolk County. Poten�al for ver�cal growth. Colin Vogel*/Peter Benninger**
532 SF · $1,050/mth ·MLS:30526564 · Waterloo Newly renovated, nished office on 2nd oor in well known, award winning building avail. for sublease. Large windows, plenty of natural light. High traffic intersec�on sees almost 40,000 cars daily. 24/7 electronic reader board on University Avenue. Ideal for professional office or personal services. Colin Vogel*
INVESTMENT FOR SALE
MULT I ‐ IND I S TR IAL / RES IDENT IAL 10,700 SF · $975,000 MLS:30524415 · Kitchener Selling @ 8% return most of roofs replaced. Some long term tenants in place. John Hoffman*
COMMERC IAL/RED I SENT IAL PROPERTY1,572 SF · $399,000 · MLS: 30516132 · Waterloo Potential use commercial on main floor w/ residential on 2nd floor or 100% commercial Lester Tobin*
RETA I L OR REDEVELOPMENT S I TE1,586 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 ICE I NVESTMENT FOR SALE10,704 SF · $2,195,000 · MLS:30508545 St Jacobs · Excellent for Owner/User. Potential for value add. James Boudreau**
INDUSTR IAL/WAREHOUSE FOR LEASE/SALE
30,400 SF · 3.09 Acres · $3,400,000 | $10.00/SF MLS: 30525493/30525439 · Cambridge · New finish to food grade, insulated panels, some equip‐ment, spiral freezer, 4 docks Room to expand. John Hoffman* 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 EXCLUSIVE · 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_2716
COLDWELL BANKER COMMERCIAL PETER BENNINGER REALTY, BROKERAGE 508 RIVERBEND DRIVE, KITCHENER, ON. Phone: 519‐743‐5211
* Sales Representa�ve ** Broker
www.coldwellbankerpbr.com/commercial
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
* Sales Representa�ve ** Broker
www.coldwellbankerpbr.com/commercial
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
* Sales Representa�ve ** Broker
www.coldwellbankerpbr.com/commercial
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. 3000
Gary Boudreau * · ext. 3029
James Boudreau ** · ext. 3020
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
21,775 SF · $4.50/SF · MLS: 30505583 Kitchener · Excellent manufacturing and/or warehouse facility. Good power, loading and parking. Roman Ginzburg*
6,994 SF · $6.00/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 4 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 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** DEVELOPMENT LAND FOR SALE 3 . 58 Ac re s · $995,000 · Conestogo 30506497/63050504 · Backs onto forested area. Excellent re‐development opportunity. James 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) · $889,900 · Kitchener EXCLUSIVE · Income potential from buildings. Redevelopment parcel. James Boudreau** LAND&BUI LD INGS ‐ INVESTMENT OFF ICE 12,853 SF · $2,100,000 · Kitchener MLS# 30503036 · Multi‐tenant office building. Centrally located. Zoning & property suitable for many uses. James 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. In a park setting. John Hoffman* 66.58 Ac. · $2,200,000 · EXCLUSIVE Cambridge · Under consideration to change OP designation to industrial. Peter Benninger** 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
2,000 SF · $259,000 · MLS:30524701 · Kitchener Burger kitchen located at high traffic intersection. 50 seats. No Franchise. Lester Tobin* 1,800 SF · $149,000 · MLS:30518173 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* 4,437 SF · $499,000 · MLS:30516625 · Waterloo Established since 1996 with many locations throughout Ontario. Family style restaurant with liquor license and seating for 148 + 25 on patio. Lester Tobin* 2,000 SF · $259,000 · MLS:30524710 · Waterloo Burger kitchen located in University District. 58 seats dining room, 40 seats patio. High income. Well established. No Franchise. Lester Tobin*
MULT I ‐FAMILY INVESTMENT 24 units · $4,750,000 · MLS: 30525381· Kitchener Building is 100% leased featuring high end designer finishes including hard wood floors, quartz countertops, stainless steel appliances, in suite laundry, air conditioning. Building constructed with separate hydro, gas and water meters with very little operating costs. Property is condo titled for individual sales. Ideally located near transit, shopping and expressway. Eric Reiner*
COM_2716.indd 9 2016-06-29 4:58 PM
Kitchener/Waterloo
Guelph & Cam
bridge
Commercial Real Estate & Business Opportunities
Please say you saw it in The Commercial Investor
10 Volume 16 Issue 06
Kitchener/Waterloo
Guelph & Cam
bridge
11289418_2716
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
CONNECT
519.742.7000www.coupalmarkou.com
Christopher CoupalBroker of Record, [email protected] x 101
John MarkouBroker, [email protected] x 102
Theo PapadopoulosSales [email protected] x 103
• Great opportunity to own a pub, billiards & banquet facility
• Long term lease in place• Very profitable business• $695,000
SALE
2716_DJW_1_0076
PROFITABLE BUSINESSIN KITCHENER
MLS
• 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
SALE
2716_DJW_1_0117
54 BRIDGE ST WEST, KITCHENER
MLS
• High profile investment property with successful long term tenant in place
• Oversized parking lot• Site could accommodate a much larger building if
re-developed• 5358 sq. ft.• $1,500,000
SALE
2716_DJW_4_0023
835 VICTORIA STREET NORTH, KITCHENER
• Prime development site in Kitchener with 220' frontage
• 3.4 acres • $2,250,000
SALE
2716_DJW_2_0051
138 BLEAMS ROAD, KITCHENER
MLS
• Frestanding building with National Tenant• Located on major corridor near both Universities• 10,900 sq. ft. on 0.69 acres• $2,999,000
SALE
2716_DJW_2_0052
405 KING STREET NORTH, WATERLOO
MLS
• Prime investment/re-development opportunity• Easy access to Conestoga Expressway• 59,000 sq. ft. on 5.83 acres• $7,800,000
SALE
2716_DJW_2_0042
341 MARSLAND DRIVE, WATERLOO
MLS
• 72.9 acres• 44.65 acres developable• Strategically located on the new Hwy 7 realign-
ment• $9,900,000
SALE
2716_DJW_4_0021
300 BRIDGE ST EAST, KITCHENER
MLS
KITCHENER/WATERLOO
CARWASH / BOXWASHSales $415,000 (2015)
GrowingAsking $3,250,000
PRINCIPALS ONLY
SALE
Exclusive
11287245_2716
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
CONNECT
519.742.7000www.coupalmarkou.com
Christopher CoupalBroker of Record, [email protected] x 101
John MarkouBroker, [email protected] x 102
Theo PapadopoulosSales [email protected] x 103
SALE
2716_DJW_2_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
2716_DJW_2_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
2716_DJW_3_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 2716_DJW_3_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 2716_DJW_0049
• Busy office/retail plaza in Elmira, just minutes from North Waterloo
• Zoning allows multiple uses• 1,750 - 3,099 sq. ft. • $9.00 - $20.00/sq. ft.
25 INDUSTRIAL DRIVE,ELMIRA
MLS
• Licensed family restaurant with 80 seats• Good start-up business with opportunity to
increase sales• All chattels and fixtures included• $149,000
#3-368 QUEEN STREET WEST, CAMBRIDGE
MLS2716_DJW_2_0032
SALE
LEASE LEASE
LEASE
2716_DJW_0050
• New Commercial Development• Ideal for financial services, restaurant or retail
users• 4,000 - 17,970 sq. ft. • $14.00 - $25.00/ sq. ft.
94 WELLINGTON ROAD 6,ELORA
MLS
LEASE
2716_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
2716_DJW_2_0022
• Office Space in quaint medical building in Bel-mont Village
• Main floor space• 1,200 sq ft• $2,068/month Net
535 BELMONT AVENUE WEST, KITCHENER
MLS
COM_2716.indd 10 2016-06-29 4:58 PM
Kitc
hene
r/Wat
erlo
o Gu
elph
& C
ambr
idge
Volume 16 Issue 06 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
11289418_2716
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
CONNECT
519.742.7000www.coupalmarkou.com
Christopher CoupalBroker of Record, [email protected] x 101
John MarkouBroker, [email protected] x 102
Theo PapadopoulosSales [email protected] x 103
• Great opportunity to own a pub, billiards & banquet facility
• Long term lease in place• Very profitable business• $695,000
SALE
2716_DJW_1_0076
PROFITABLE BUSINESSIN KITCHENER
MLS
• 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
SALE
2716_DJW_1_0117
54 BRIDGE ST WEST, KITCHENER
MLS
• High profile investment property with successful long term tenant in place
• Oversized parking lot• Site could accommodate a much larger building if
re-developed• 5358 sq. ft.• $1,500,000
SALE
2716_DJW_4_0023
835 VICTORIA STREET NORTH, KITCHENER
• Prime development site in Kitchener with 220' frontage
• 3.4 acres • $2,250,000
SALE
2716_DJW_2_0051
138 BLEAMS ROAD, KITCHENER
MLS
• Frestanding building with National Tenant• Located on major corridor near both Universities• 10,900 sq. ft. on 0.69 acres• $2,999,000
SALE
2716_DJW_2_0052
405 KING STREET NORTH, WATERLOO
MLS
• Prime investment/re-development opportunity• Easy access to Conestoga Expressway• 59,000 sq. ft. on 5.83 acres• $7,800,000
SALE
2716_DJW_2_0042
341 MARSLAND DRIVE, WATERLOO
MLS
• 72.9 acres• 44.65 acres developable• Strategically located on the new Hwy 7 realign-
ment• $9,900,000
SALE
2716_DJW_4_0021
300 BRIDGE ST EAST, KITCHENER
MLS
KITCHENER/WATERLOO
CARWASH / BOXWASHSales $415,000 (2015)
GrowingAsking $3,250,000
PRINCIPALS ONLY
SALE
Exclusive
11287245_2716
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
CONNECT
519.742.7000www.coupalmarkou.com
Christopher CoupalBroker of Record, [email protected] x 101
John MarkouBroker, [email protected] x 102
Theo PapadopoulosSales [email protected] x 103
SALE
2716_DJW_2_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
2716_DJW_2_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
2716_DJW_3_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 2716_DJW_3_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 2716_DJW_0049
• Busy office/retail plaza in Elmira, just minutes from North Waterloo
• Zoning allows multiple uses• 1,750 - 3,099 sq. ft. • $9.00 - $20.00/sq. ft.
25 INDUSTRIAL DRIVE,ELMIRA
MLS
• Licensed family restaurant with 80 seats• Good start-up business with opportunity to
increase sales• All chattels and fixtures included• $149,000
#3-368 QUEEN STREET WEST, CAMBRIDGE
MLS2716_DJW_2_0032
SALE
LEASE LEASE
LEASE
2716_DJW_0050
• New Commercial Development• Ideal for financial services, restaurant or retail
users• 4,000 - 17,970 sq. ft. • $14.00 - $25.00/ sq. ft.
94 WELLINGTON ROAD 6,ELORA
MLS
LEASE
2716_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
2716_DJW_2_0022
• Office Space in quaint medical building in Bel-mont Village
• Main floor space• 1,200 sq ft• $2,068/month Net
535 BELMONT AVENUE WEST, KITCHENER
MLS
COM_2716.indd 11 2016-06-29 4:58 PM
Commercial Real Estate & Business Opportunities
Please say you saw it in The Commercial Investor
12 Volume 16 Issue 06
investorinsights
FIVE THINGS TO KNOW ABOUT CLOSING COSTS WHEN INVESTING IN A PRE-CONSTRUCTION CONDO
When it comes to closing costs on pre-construction
condos, there is a lot of misinformation out there.
You may have heard horror stories of buyers being hit with closing costs of $40,000 on final closing, and you start to wonder, if this is true, why are 20,000 people buying pre-construction condos every year in the GTA?
The reality is that if you are educated and prepared when buying a new condo, closing costs are nothing to be worried about.
These horror stories of $40,000 closing costs are from buyers who were given
closing costs for most condos to be approximately $8,000 to $15,000 for a studio or one-bedroom condo, and approximately $12,000 to $18,000 for a two-bedroom or larger condo.
Here are the major items that you can always expect to pay for when purchasing a pre-construction condo:
Land Transfer Taxes (Toronto has provincial and municipal land transfer taxes). Approximate cost for units less than $450,000 is one per cent for provincial and one per cent for Toronto land transfer tax.
Development charges (these can include levies, educational levies, section 37 levies). These amounts can vary wildly from project to project and builder to builder. Assuming you have them capped, Toronto averages right now are $5,000 to $7,000 for one bedrooms and $8,000 to $10,000 for two bedrooms.
Legal fees to your lawyer. Depends on who your lawyer is. Fees including everything will usually be somewhere between $1,500 to $2,000
Utility hook ups. When you purchase a new condo, the utilities have to be connected for the first time.
Tarion Warranty. Yes, you get a warranty with your new home, but you have to pay for it. Usually around $600 to $1,000 for most investment units. Check out this blog post for more information about Tarion Warranty Enrolment Fees: truecondos.com/tarion-enrolment-fees-2.
Miscellaneous ($500 each or less) fees and charges (these include law society fee, deposit cheque administration fees, mortgage discharge fees, status certificate fees). These usually amount to approximately $1,000 for a typical condo contract.
2 | Development charges should always be capped.
Development charges (or development levies) are fees put on the developer of any new home or condo by the local municipality.
These should always be capped in your agreement.
Let me state that again —development charges should always be capped.
If the developer you are buying from says they will not put a cap on your development charges, run away!
Development charges are supposed to pay for the many things associated with building new residential units like sidewalks, lamp posts, streets, parks, schools, hospitals, etc.
bad professional advice, or worse, no professional advice when they were signing their condo contract.
Here are five things every condo investor should know about closing costs for pre-construction condos:
1 | Closing costs are different for every pre-construction condo.
There is no set amount of closing costs for every condo.
There is no rule of thumb that closing costs should be this much or a certain percentage of the price.
It really depends.
That being said, usually, if buying a pre-construction condo in Toronto in 2016, you can expect unrecoupable
By Andrew la Fleur
Continued on page 18
COM_2716.indd 12 2016-06-29 4:58 PM
Kitc
hene
r/Wat
erlo
o Gu
elph
& C
ambr
idge
Volume 16 Issue 06 Commercial Real Estate & Business Opportunities
Please say you saw it in The Commercial Investor
13
Kitc
hene
r/Wat
erlo
o Gu
elph
& C
ambr
idge
FOR SALE
BRAND NEW 57,700 Sq. Ft. Commercial Plaza
Cedar Park Plaza / Simcoe Ontario + 35 New Retail Stores & office indoor plaza for occupancy
+ Prime 5.2 acre location, 260+ customer parking+ Shovel ready for construction 2016
Asking Price $2,700,000Investors/Builders here is your opportunity to build this new plaza
Call Ed Bain416-836-7686
(email) [email protected]
1130
6460
_271
6
F O R S A L E
An Excellent Opportunity To Own An IncomeGenerating Property Outside Of The GTA.
Don't Miss Out! Call Now.
Simcoe, Ontario-1.88 Acres of Prime Industrial Property
-4,721 Sq.Ft of office and warehouse space
ASHLI BAIN. SALES REPRESENTATIVE DIRECT:647.996.7053
RIGHT AT HOME REALTY INC. BROKERAGE1396 DON MILLS ROAD B121
TORONTO, ONOFFICE:416.391.3232
investorinsights
FIVE THINGS TO KNOW ABOUT CLOSING COSTS WHEN INVESTING IN A PRE-CONSTRUCTION CONDO
When it comes to closing costs on pre-construction
condos, there is a lot of misinformation out there.
You may have heard horror stories of buyers being hit with closing costs of $40,000 on final closing, and you start to wonder, if this is true, why are 20,000 people buying pre-construction condos every year in the GTA?
The reality is that if you are educated and prepared when buying a new condo, closing costs are nothing to be worried about.
These horror stories of $40,000 closing costs are from buyers who were given
closing costs for most condos to be approximately $8,000 to $15,000 for a studio or one-bedroom condo, and approximately $12,000 to $18,000 for a two-bedroom or larger condo.
Here are the major items that you can always expect to pay for when purchasing a pre-construction condo:
Land Transfer Taxes (Toronto has provincial and municipal land transfer taxes). Approximate cost for units less than $450,000 is one per cent for provincial and one per cent for Toronto land transfer tax.
Development charges (these can include levies, educational levies, section 37 levies). These amounts can vary wildly from project to project and builder to builder. Assuming you have them capped, Toronto averages right now are $5,000 to $7,000 for one bedrooms and $8,000 to $10,000 for two bedrooms.
Legal fees to your lawyer. Depends on who your lawyer is. Fees including everything will usually be somewhere between $1,500 to $2,000
Utility hook ups. When you purchase a new condo, the utilities have to be connected for the first time.
Tarion Warranty. Yes, you get a warranty with your new home, but you have to pay for it. Usually around $600 to $1,000 for most investment units. Check out this blog post for more information about Tarion Warranty Enrolment Fees: truecondos.com/tarion-enrolment-fees-2.
Miscellaneous ($500 each or less) fees and charges (these include law society fee, deposit cheque administration fees, mortgage discharge fees, status certificate fees). These usually amount to approximately $1,000 for a typical condo contract.
2 | Development charges should always be capped.
Development charges (or development levies) are fees put on the developer of any new home or condo by the local municipality.
These should always be capped in your agreement.
Let me state that again —development charges should always be capped.
If the developer you are buying from says they will not put a cap on your development charges, run away!
Development charges are supposed to pay for the many things associated with building new residential units like sidewalks, lamp posts, streets, parks, schools, hospitals, etc.
bad professional advice, or worse, no professional advice when they were signing their condo contract.
Here are five things every condo investor should know about closing costs for pre-construction condos:
1 | Closing costs are different for every pre-construction condo.
There is no set amount of closing costs for every condo.
There is no rule of thumb that closing costs should be this much or a certain percentage of the price.
It really depends.
That being said, usually, if buying a pre-construction condo in Toronto in 2016, you can expect unrecoupable
By Andrew la Fleur
Continued on page 18
What our clients are saying about us
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
Jan 30 - Feb 27, 2016, Volume 16 Issue 01
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FOR MORE INFORMATION PLEASE CONTACT:
Lester Tobin, Sales Representative
Coldwell Banker Peter Benninger Realty, Brokerage
519-743-5211 Ext: 3023 email: [email protected]
INDUSTRIAL/WAREHOUSE FOR SALE $ 1,050,000
Cambridge MLS # 3050450513,735 Square Foot Freestanding Facility
10,400 Sq. Ft. Warehouse, 3,335 Sq. Ft. Of� ce.Centrally located with access off 2 streets.
0516_DJW_0005
Winston Davies, Broker of RecordWinCorp Realty Inc., Real Estate Brokerage,
45 Keats Crescent, Guelph, ON N1G 3B1
Tel: 519-836-2080 Fax: 519-836-2081 Email: [email protected]
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]
INVESTMENT SALE
5,000 Sq.Ft Freestanding Building, BurlingtonNet Income: $84,000
4915_DJW_0043
CONTACT: WILLIAM DEJONG, BROKER OF RECORD
For information call 1.800.268.0077
“SOLD! Thanks to the Commercial Investor ”
- Larry Bilkszto
SOLD SOLD
COM_2716.indd 13 2016-06-29 4:58 PM
SOUTHWESTERNONTARIOSECTIONCOVERING:Brantford Chatham Grey & Bruce Counties
IngersollLondon Owen Sound Sarnia Simcoe Stratford
St. Thomas Tillsonburg Windsor Woodstock
For advertisingcontact Doreen WillsTel: 1-800-268-0077 or [email protected]@ypnexthome.ca
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Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
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Sout
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ario
Commercial Real Estate & Business Opportunities
Please say you saw it in The Commercial Investor
15
Sout
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ario
Volume 16 Issue 06
NEAR FANSHAWE COLLEGE/COMING SOON• Build to suit or purchase.• Nearly 1.7 acres.• Zoned RSC 1, 3 and 4.
2716_DJW_0056ASKING $1,000,000
AJAY SRIVASTAVASALES REPRESENTATIVE
ANISH SRIVASTAVA,CPA, CMA
SALES REPRESENTATIVE
[email protected] [email protected] 416-726-3880
Century 21 First Canadian Corp, Brokerage
519-673-3390
LONDON
• Property only for sale.• Business not included.• Approx. 5000 sq ft building• Nearly 1 acre lot• Across from new Auto Mall• Variety of commercial uses.
2716_DJW_0053
ASKING $1,299,000
LONDON• Four 3 bedroom units.• Gas heated.• Separate hydro and gas meters.• Basement with laundry facilities.• Parking for 8 cars.• Can be purchased with 2 addi-
tional townhouse complex.• Needs TLC.• Each complex for $389,000.
2716_DJW_0054
• Excellent investment.• 11,000 sq.ft. divided into 4 units.• Large access doors for loading.• Parking for about 50 cars.
2716_DJW_0055
ASKING $1,000,000
LONDON
• 20,000 sq. ft. prime space• 121 foot frontage on Main Street• Main floor commercial• 2nd floor apartments or offices• VTB possible• Forgiveable loans possible from City• Needs TLC 2716_DJW_0052
ONLY $299,000
ST THOMAS
1130
9498
_271
6
11241815_2716
EXCELLENT RESTAURANTOPPORTUNITY
• Profi table Downtown Restaurant• Seating for 54, Excellent
Opportunity• Located on Southampton’s
Busiest Corner• MLS #411048000203000
2316_DJW_0061
Sutton - Huron ShoresRealty Inc. Brokerage
Independently Owned and Operated
606 Goderich St., Port Elgin, ON N0H 2C0
BrianShular
Broker of Record
DougFreiburger
Sales Representative
KaitlynShular
Sales Representative
JudyHoward
Sales Representative
519-797-1007 1-888-727-1007
www.suttonhuronshores.comNot intended to solicit properties currently listed for sale.
LOCATED IN THE CENTRE OF PORT ELGIN
• 3 Commercial Rental Units w/Long Term Tenants
• Large Shared Parking Lot• Located at one of the Busiest In-
tersections in Port Elgin• A profi table Investment• MLS #411046000429800
2316_DJW_0021
IMMACULATE COTTAGE PARK CLOSE TO THE BEACH
• 3 Bedroom Bungalow & 7 Winter-ized Rental Cottages
• Extensive Client List Available from Current Owners
• Located in a Prime Rental Area a Short Walk to Lake Huron
• Ran Year Round this will be an very Profi table Business
• MLS #411046000413700
2316_DJW_0022
CORE COMMERCIAL DUPLEX
• Prime Downtown Located, Steps to the Beach
• Zoning Allows for many different uses
• New Gas Furnace installed in 2011
• Plenty of Parking around the rear of the Building
• MLS #411048000303500A
2316_DJW_0023
199 High St., Southampton$559,000
583 Catherine St., Port Elgin$499,999
299 Green St., Port Elgin$554,900
136 High St., Southampton$308,560
CorinneDraesner
Sales Representative
SOUTHWESTERNONTARIOSECTIONCOVERING:Brantford Chatham Grey & Bruce Counties
IngersollLondon Owen Sound Sarnia Simcoe Stratford
St. Thomas Tillsonburg Windsor Woodstock
For advertisingcontact Doreen WillsTel: 1-800-268-0077 or [email protected]@ypnexthome.ca
SOUT
HWES
TERN
ONT
ARIO
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
NewSectionPages_FullColor2015.indd 4 2015-03-19 3:47 PMCOM_2716.indd 15 2016-06-29 4:58 PM
Southwest Ontario
Commercial Real Estate & Business Opportunities
Please say you saw it in The Commercial Investor
16
Southwest Ontario
Volume 16 Issue 06
8492
999_
2716
Sales Representative
Offi ce: 519-797-5500Cell: 519-270-3055e-mail: [email protected]
435 QUEEN ST., PAISLEY
$109,900
3600 sq. ft. all brick 4 plex w 3 2-BR and 1 1-BR apartments. Close to Bruce Nuclear Plant in the heart of very popular canoeing town. This property has a 'right of way' to share a driveway with parking at the rear. Each unit has separate hydro meter.
2316_DJW_0013
LOT 20, CONCESSION 20, SAUBLE BEACH
$549,900
Excellent opportunity to develop new housing project as it is close to Sauble Beach & on the edge of existing Sauble development. A total of 95 acres; 22 acres had subdivision draft plan with 20 lots. Part of the area (Walker Way) is developed with water, individual septic, electric, gas, cable & telephone. 2316_DJW_8014
MULTI-FAMILY INVESTMENT OPPORTUNITY!
RESIDENTIAL DEVELOPMENT11
3092
42_2
716
$950,000
$2,400,000
$2,850,000
SOLD
$1,100,000
30 BURWELL ROAD, ST THOMAS
Quality move-in condition professional office with great visibility on the edge of the St Thomas Industrial sector yet within sight of major retail and commercial malls. 1880 sq. ft. of finished office space with 3 private offices. Full dry basement for further development or
storage. Zoned M1, $345,000.
For more info www.RealEstateinStThomas.ca2716_DJW_0009
Earl Taylor,BrokerCall or Text:519-670-9223
11307494_2716
1130
5025
_271
6
Office: 519.672.9881Direct: 519.672.9891 ext 241
ggicopoulos@royal lepagecommercial .comwww.georgegicopoulos.com
www.royal lepagecommercial .com *Independently Owned and Operated
George Gicopoulos Sales Representative
Royal LePage Triland Realty, Brokerage*
2716_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.
BUSINESS & PROPERTY - $625,000
2716_DJW_1_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, arcade, Convenience, ATM, movies, ice. 10:00 A.M to 10:00 P.M. May til middle off September and could be extended for great sales & profits. Onsite parking plus municipal free parking at the front.
2716_DJW_0888
Great concept, busy location, easy operation. Burgers, dogs, poutine etc. 1000 sq. ft. counter service with mostly take out and a few tables. 11:00 am to 10:00 pm. Great for a husband and wife team.
BUSINESS OPPORTUNITY FOREST ONTARIO N - $695,000
2716_DJW_3_0041
This grill & bar does tremendous business and is looking for a new energetic owner to take over and enjoy the benefits. 75 seats inside and 40 seats on the patio. Open 11:00 am to 12:00 midnight and generates tremendous sales. JUST LISTED. DON'T MISS IT.
NORTHWEST OF LONDON - $295,000.
2716_DJW_8001
Auto related property just west of the lights in Lobo. 103 ft frontage. Over 500 ft depth. 3 garage doors. One hoist. Ideal for auto and related uses with many other possible uses.
SARNIA / POINT EDWARD PROPERTY & BUSINESS
2716_DJW_1_0042
Free standing building of over 6500 sq. ft. that houses a well known successful Steak House Restaurant. Located on 1.15 acres of land just off the last exit from HWY 402 before the Blue Water Bridge in to Port Huron U.S.A. Over 200 seats inside plus patio. Great opportunity to continue existing operation or bring your own concept. Over 100 parking spaces.
TWO CORNER PROPERTIES OFFERED TOGETHER FOR $550,000
2716_DJW_1_0241
Both properties side by side in excellent condition located at the corner of Wharncliffe and Bruce. Over 10,000 sq. ft. of land with two buildings. One used for auto glass repair and the other for auto sales, both owner occupied. Ideal for auto related business or many other possibilities. Call for details.
2716_DJW_1_0250
MAKE AN OFFER
COMMERCIAL - WOODSTOCK - $795,000
SARNIA POUTINERY - $195,000
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Published by
COM_2716.indd 16 2016-06-29 4:58 PM
Sout
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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 06
1130
5025
_271
6
Office: 519.672.9881Direct: 519.672.9891 ext 241
ggicopoulos@royal lepagecommercial .comwww.georgegicopoulos.com
www.royal lepagecommercial .com *Independently Owned and Operated
George Gicopoulos Sales Representative
Royal LePage Triland Realty, Brokerage*
2716_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.
BUSINESS & PROPERTY - $625,000
2716_DJW_1_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, arcade, Convenience, ATM, movies, ice. 10:00 A.M to 10:00 P.M. May til middle off September and could be extended for great sales & profits. Onsite parking plus municipal free parking at the front.
2716_DJW_0888
Great concept, busy location, easy operation. Burgers, dogs, poutine etc. 1000 sq. ft. counter service with mostly take out and a few tables. 11:00 am to 10:00 pm. Great for a husband and wife team.
BUSINESS OPPORTUNITY FOREST ONTARIO N - $695,000
2716_DJW_3_0041
This grill & bar does tremendous business and is looking for a new energetic owner to take over and enjoy the benefits. 75 seats inside and 40 seats on the patio. Open 11:00 am to 12:00 midnight and generates tremendous sales. JUST LISTED. DON'T MISS IT.
NORTHWEST OF LONDON - $295,000.
2716_DJW_8001
Auto related property just west of the lights in Lobo. 103 ft frontage. Over 500 ft depth. 3 garage doors. One hoist. Ideal for auto and related uses with many other possible uses.
SARNIA / POINT EDWARD PROPERTY & BUSINESS
2716_DJW_1_0042
Free standing building of over 6500 sq. ft. that houses a well known successful Steak House Restaurant. Located on 1.15 acres of land just off the last exit from HWY 402 before the Blue Water Bridge in to Port Huron U.S.A. Over 200 seats inside plus patio. Great opportunity to continue existing operation or bring your own concept. Over 100 parking spaces.
TWO CORNER PROPERTIES OFFERED TOGETHER FOR $550,000
2716_DJW_1_0241
Both properties side by side in excellent condition located at the corner of Wharncliffe and Bruce. Over 10,000 sq. ft. of land with two buildings. One used for auto glass repair and the other for auto sales, both owner occupied. Ideal for auto related business or many other possibilities. Call for details.
2716_DJW_1_0250
MAKE AN OFFER
COMMERCIAL - WOODSTOCK - $795,000
SARNIA POUTINERY - $195,000
COM_2716.indd 17 2016-06-29 4:58 PM
Commercial Real Estate & Business Opportunities
Please say you saw it in The Commercial Investor
18 Volume 16 Issue 06
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].
The problem with development charges is that they are charged by the city on closing. So you don’t know what the city is going to charge because the building won’t be completed for three to four years after you sign your contract (assuming you are buying pre-construction).
It’s really these fees that you need to watch out for in your contract and most importantly, they should always be capped.
When you cap your development charges, this means that they cannot exceed the capped amount.
If you don’t have a cap, and the city decides to double or triple the development charges between the time you buy your unit and the time the building closes, you could be on the hook for any possible amount. It could be in the tens of thousands of dollars for this one thing alone.
3 | Development charges are rising every year in pre-construction condos.
Development charges are a huge source of revenue for municipalities.
New development is a golden goose that keeps on giving, and as such, cities across the GTA are constantly pushing the limits on developers and raising these charges.
Just recently fees nearly doubled in Toronto, for example. Developers all protested, but at the end of the day, if the market is willing to pay for it, the city will keep increasing them.
This underscores the point that you must always have your development charges capped in your agreement, but it also means that just because you have a cap of $5,000 this year, doesn’t mean you will the next time you buy.
Five years ago, a cap of $2,000 to $3,000 was normal in most agreements. Today it’s $7,000 to $10,000.
On the bright side, these charges are an inflationary pressure on prices which ensures that real estate values will continue to rise across the GTA. Investing in hard assets like real estate is a great hedge against inflation.
4 | Is HST included in the purchase price? It is and it isn’t…
Most developer price lists will say “prices include HST.” And if you ask most developer’s sales reps, they will tell you that the prices include HST.
But here’s the thing, the prices only include HST if you are moving into the suite yourself or someone in your immediate family is moving in.
If you are an investor and you will not be moving in, then you will be required to disclose this fact to your lawyer at final closing and you will no longer qualify for the built-into-the-price HST rebates.
In short, investors should expect to pay approximately 7.8 per cent of the purchase price on final closing as HST. This money is sent to the CRA by the developer, and it is up to the purchaser to apply for the HST rebate to get it back.
The good news is that if you purchase an investment condo that is less than $350,000, you should get 100 per cent of the HST rebate back (as long as you are renting out your unit) and it only takes about one month to get the money back after applying to the CRA.
If your purchase price is between $350,000 and $450,000, you should get most of your HST money back, but not all of it.
If your purchase price is more than $450,000, consult a tax expert for your specific situation.
HST is something you need to budget for on final closing, but it’s not really a “cost” because in most cases you get all or nearly all of this money back.
For more information on HST and condo investing, I strongly recommend you check out the many other articles, podcasts, and videos we have on this site: truecondos.com/tag/hst-rebates.
5 | You may be asked to pay for other things at time of final closing.
Developers may also ask you to pre-pay for certain expenses at final closing. These are not necessarily closing costs, because you have to pay them anyway, but you do need to budget for the possibility that you have to pay them.
The biggest example of this would be property taxes. The developer has the right to make you pre-pay up to two years of property taxes up front on final closing. This money is remitted to the municipality, but purchasers need to be aware of this.
Again, you should not consider this a closing cost, as it is an ongoing expense of owning any property that you would have to pay now or later no matter what.
Continued from page 12
COM_2716.indd 18 2016-06-29 4:58 PM
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Commercial Real Estate & Business Opportunities
Please say you saw it in The Commercial Investor
19
Sout
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Volume 16 Issue 06
• 80237 Bluewater Hwy, Goderich.
• Commercial/Residential on Hwy 21 in Goderich across from Suncoast Mall and Industrial Park.
• Environmental Study available.
• Call Listing REALTOR for more information.
• MLS #608116
PRIME 48 ACRE DEVELOPMENT SITE
LIS
T P
RIC
E $
1,9
00
,00
0
2116_DJW_0001
• 598-606 Campbell St., Lucknow.
• On main street in Lucknow.
• 7 apartments, 4 commercial units.
• Good 2 storey building in prime location, recent renovations including newer membrane roof.
• Call Listing REALTOR for financial information.
• MLS #395042
LIS
T P
RIC
E $
39
5,0
00
2116_DJW_0002
•
• 297 Minnie St., Wingham.
• Consisting of 3x6 plexes.
• 1x4 bedroom house, 1x3 bedroom house, 1x2 bedroom house.
• Upgrades are ongoing. Close to shopping, restaurants, banking.
• Call Listing REALTOR for showing.
• MLS #204750
21 UNIT RESIDENTIAL INVESTMENT
LIS
T P
RIC
E $
1,1
00
,00
02116_DJW_0003
RENATE SIEBER-
SCHLEGELBroker of Record
Cell:519-531-1177Land Exchange Ltd. BrokerageIndependently Owned and Operated262 Josephine St., Wingham Office: 519-357-3332 www.remaxlandexchange.ca 11
2643
76_2
716
COM/RES INVESTMENT PROPERTY
Dave SpencerSALES REPRESENTATIVE
62 1st Avenue SouthChesley, Ontario
N0G 1L0
H: 519.363.2410 PHONE: [email protected]
11007505_2716
HEART OF DOWNTOWN
$120,000
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.
1316_DJW_0013
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].
The problem with development charges is that they are charged by the city on closing. So you don’t know what the city is going to charge because the building won’t be completed for three to four years after you sign your contract (assuming you are buying pre-construction).
It’s really these fees that you need to watch out for in your contract and most importantly, they should always be capped.
When you cap your development charges, this means that they cannot exceed the capped amount.
If you don’t have a cap, and the city decides to double or triple the development charges between the time you buy your unit and the time the building closes, you could be on the hook for any possible amount. It could be in the tens of thousands of dollars for this one thing alone.
3 | Development charges are rising every year in pre-construction condos.
Development charges are a huge source of revenue for municipalities.
New development is a golden goose that keeps on giving, and as such, cities across the GTA are constantly pushing the limits on developers and raising these charges.
Just recently fees nearly doubled in Toronto, for example. Developers all protested, but at the end of the day, if the market is willing to pay for it, the city will keep increasing them.
This underscores the point that you must always have your development charges capped in your agreement, but it also means that just because you have a cap of $5,000 this year, doesn’t mean you will the next time you buy.
Five years ago, a cap of $2,000 to $3,000 was normal in most agreements. Today it’s $7,000 to $10,000.
On the bright side, these charges are an inflationary pressure on prices which ensures that real estate values will continue to rise across the GTA. Investing in hard assets like real estate is a great hedge against inflation.
4 | Is HST included in the purchase price? It is and it isn’t…
Most developer price lists will say “prices include HST.” And if you ask most developer’s sales reps, they will tell you that the prices include HST.
But here’s the thing, the prices only include HST if you are moving into the suite yourself or someone in your immediate family is moving in.
If you are an investor and you will not be moving in, then you will be required to disclose this fact to your lawyer at final closing and you will no longer qualify for the built-into-the-price HST rebates.
In short, investors should expect to pay approximately 7.8 per cent of the purchase price on final closing as HST. This money is sent to the CRA by the developer, and it is up to the purchaser to apply for the HST rebate to get it back.
The good news is that if you purchase an investment condo that is less than $350,000, you should get 100 per cent of the HST rebate back (as long as you are renting out your unit) and it only takes about one month to get the money back after applying to the CRA.
If your purchase price is between $350,000 and $450,000, you should get most of your HST money back, but not all of it.
If your purchase price is more than $450,000, consult a tax expert for your specific situation.
HST is something you need to budget for on final closing, but it’s not really a “cost” because in most cases you get all or nearly all of this money back.
For more information on HST and condo investing, I strongly recommend you check out the many other articles, podcasts, and videos we have on this site: truecondos.com/tag/hst-rebates.
5 | You may be asked to pay for other things at time of final closing.
Developers may also ask you to pre-pay for certain expenses at final closing. These are not necessarily closing costs, because you have to pay them anyway, but you do need to budget for the possibility that you have to pay them.
The biggest example of this would be property taxes. The developer has the right to make you pre-pay up to two years of property taxes up front on final closing. This money is remitted to the municipality, but purchasers need to be aware of this.
Again, you should not consider this a closing cost, as it is an ongoing expense of owning any property that you would have to pay now or later no matter what.
Continued from page 12
COM_2716.indd 19 2016-06-29 4:58 PM
Southwest Ontario
Commercial Real Estate & Business Opportunities
Please say you saw it in The Commercial Investor
20 Volume 16 Issue 06
1129
1991
_271
6
FOR LEASE
WOODSTOCK
519-539-2070
FOR SALE
Unique 73 acre property near Drumbo with quick access to the 401. Come see this picturesque property that is ideal to build your estate home on this environmental farm and water restora-tion project with some reforestation on part of the farm. There are about 35 acres of workable land to grow corn, beans or alfalfa. There is also a 10 year old coverall building (95x50) on the property that could be used for storage, equipment and or livestock. Come and have a look to see if this property fits your needs or dreams.
2716_DJW_1_0056
$990,000
ROSEMARY BROWNSALES REPRESENTATIVE
PETER VANDERSARBROKER
Excellent downtown core location close to City Hall, banks and museum. Was Once Again Store location. Completely redone after fire in building. Approximately 5500 square feet retail space with full basement. C5 zoning. Come and have a look at this bright and cheery retail space.
2716_DJW_2_0063
820 and 1295 square feet of Commercial space for lease on the busiest inter-section, the corner of Dundas and Huron Street in Downstown Woodstock, leasehold improvements available, other tenants include 7-11 gas bar and convenience store with postal services, Money Mart, tanning salon. Across the road are Tim Hortons, Rogers, Easy Financial, Twice The Deal Pizza and Wings and the Rexall Plaza. C5 Zoning. 2716_DJW_4_0028
BASE RATE: $13/SQUARE FEET1787 sq, ft. Prime location on Woodstock east end. This unit fronts on to high traffic location at corner of Dundas and Clarke Streets. Between National Pasta and Barburrito. Other tenants include Drivers and Vehicle Licence office. City Financial, Chiba Sushi and Papa John's Restaurants. C4-26 zoning allows many applications including retail, office, schools and restaurants. Lease hold improvements. For further information contact Listing Agents. 2716_DJW_1_0689
5 HURON STREET, WOODSTOCK
FOR LEASE
Excellent manufacturing and warehouse space for lease in south Woodstock. 4 units available on Main St. west of Mill Street. Manu-facturing, assembly or storage with overhead doors and loading docks. Close to 401 and 403. 7500 sq ft available on May 1st.
2716_DJW_0032
$5.00 PER SqFt. BASE RENT
FOR SALE
Situated on a private 1.5 acres and overlooking the valley, this beautiful Georgian style 4+1 bedroom home is located on the west edge of Woodstock. The main floor features a family room, living room, formal dining room, laundry room, kitchen and breakfast area with access to a deck which overlooks the valley to the south. The house is set back from the road with interlocking driveway and path. There is lots of room on this property and it is large enough to put up a new shop or pool!
2716_DJW_2_0062
FOR SALE - $495,000
155 feet deep well with 20 gallon/minute capacity
Brian HoldenBroker of Record
[email protected] 519-428-7921519-426-0081
11297437_2716
Commercial Building in downtown Waterford, with many recent improvements and upgrades. Currently has 2 anchor tenants and a Cardio clinic/exercise � tness center owned and operated by the Buildings owner. Building has a large, well lit parking area. Zoning has multiple uses and applications, with details available at the listing Brokers office.
2716_DJW_3_0037
RETAIL IN THE TOWN OF WATERFORD
$369,000
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-� oor heating - A/C for summer. Office and lunchroom just off of main work area. Ample parking for large trucks. 65 foot service pit with oil and lubricant and oil. Used oil is pumped to the tank for furnace.
2716_DJW_2_0076
INDUSTRIAL IN THE TOWN OF DELHI
NEW PRICE $459,000
Simcoe Bingo Hall and Banquet Centre. Very well maintained building with approximately 13000 sq ft of � nished space, large paved parking lot with great access, lot is 2.92 acres. Most recently used as a Bingo Hall with OLG. Zoning is MG3 with spot zoning for a place of assembly and special event sales including an auction centre with other.
2716_DJW_0051
COMMERCIAL IN THE TOWN OF SIMCOE
NEW PRICE $949,900
103 QUEENSWAY EAST, SIMCOE, N3Y 4M5
HAMILTONSECTIONCOVERING:Ancaster Caledonia Cayuga Dundas Dunnville
Grimsby Hamilton Haldimand Stoney Creek
For advertisingcontact Doreen WillsTel: 1-800-268-0077 or [email protected]@ypnexthome.ca
HAMILTON
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
NewSectionPages_FullColor2015.indd 5 2015-03-19 3:47 PMCOM_2716.indd 20 2016-06-29 4:58 PM
HAMILTONSECTIONCOVERING:Ancaster Caledonia Cayuga Dundas Dunnville
Grimsby Hamilton Haldimand Stoney Creek
For advertisingcontact Doreen WillsTel: 1-800-268-0077 or [email protected]@ypnexthome.ca
HAMILTON
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
NewSectionPages_FullColor2015.indd 5 2015-03-19 3:47 PMCOM_2716.indd 21 2016-06-29 4:58 PM
Hamilton
Commercial Real Estate & Business Opportunities
Please say you saw it in The Commercial Investor
22
Hamilton
Volume 16 Issue 06
11294991_2716
Ramzi TwalSales Representative
OFFICE 905.574.3038CELL [email protected]
1.888.751.2229MACRO REALTY
8181
662_
2716
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. Call for city incentives. MLS H3174705
3 STOREY BUILDING NEXT TO HAMILTON GENERAL HOSPITAL
2716_DJW_1_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
2716_DJW_1_0027
With separate 2 sty 3 BRs building for owner/manager use. Small 27 seat restaurant with fully equipped kitchen. Hwy #3 runs along the north shore of Lake Erie. Popular route for visitors in the area. Income statement available to serious buyers. Do not go direct. Call Ramzi or Sal. Asking $775,000. MLS H3183545
MOTEL 14 ROOMS
2716_DJW_0001
SOLD
VMYSL
Specializing in Multi-Residential Listing and Sales
Dino Nicosia,Broker of Record
Direct: [email protected]
Kandy Thompson,Sales Representative
Direct: [email protected]
www.investproreal ty.com
“YourInvestment
Partnerfor
Life”
INVESTPRO REALTY LTD., BROKERAGE
Before you invest, Deal with the best. Call Investpro Realty.
"Unbeatable location in "Corktown Neighborhood" Walking distance to Go Station and downtown. Ideal for in-law suite, or live in one home and let the rent from other pay your mortgage. For details visit our website".
TWO FAMILY HOME, NEAR DOWNTOWN HAMILTON
2716_DJW_0013
Desirable Locke Street location. Parking for 6 cars. Asking $809,000. For details contact Dino Nicosia, Broker or visit our website for fi nancial information.
8 UNITS, WEST HAMILTON
2716_DJW_1_0068
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
2716_DJW_1_0057
Asking $310,000. Solid brick, legal 4-plex, in desirable rental area. Visit our website for details.
4 UNITS, ST. CATHARINES
2716_DJW_1_0058
SOLD SOLD
SOLD
SOLD
CONDITIONAL
9558936_2716
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
2716_DJW_1_0054
For fi nancials and more details, contact Dino Nicosia or visit our website.
24 UNITS, LONDON
2716_DJW_2_0069
COM_2716.indd 22 2016-06-29 4:58 PM
Ham
ilton
Commercial Real Estate & Business Opportunities
Please say you saw it in The Commercial Investor
23
Ham
ilton
Volume 16 Issue 06
VMYSL
Specializing in Multi-Residential Listing and Sales
Dino Nicosia,Broker of Record
Direct: [email protected]
Kandy Thompson,Sales Representative
Direct: [email protected]
www.investproreal ty.com
“YourInvestment
Partnerfor
Life”
INVESTPRO REALTY LTD., BROKERAGE
Before you invest, Deal with the best. Call Investpro Realty.
"Unbeatable location in "Corktown Neighborhood" Walking distance to Go Station and downtown. Ideal for in-law suite, or live in one home and let the rent from other pay your mortgage. For details visit our website".
TWO FAMILY HOME, NEAR DOWNTOWN HAMILTON
2716_DJW_0013
Desirable Locke Street location. Parking for 6 cars. Asking $809,000. For details contact Dino Nicosia, Broker or visit our website for fi nancial information.
8 UNITS, WEST HAMILTON
2716_DJW_1_0068
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
2716_DJW_1_0057
Asking $310,000. Solid brick, legal 4-plex, in desirable rental area. Visit our website for details.
4 UNITS, ST. CATHARINES
2716_DJW_1_0058
SOLD SOLD
SOLD
SOLD
CONDITIONAL
9558936_2716
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
2716_DJW_1_0054
For fi nancials and more details, contact Dino Nicosia or visit our website.
24 UNITS, LONDON
2716_DJW_2_0069
COM_2716.indd 23 2016-06-29 4:58 PM
Hamilton
Commercial Real Estate & Business Opportunities
Please say you saw it in The Commercial Investor
24
Hamilton
Volume 16 Issue 06
8171452_2716
Understanding Real Estate Terms and Formulas
Dino Nicosia, Broker of Record, Investpro Realty Ltd.
In this complex world of Real Estate investment, understanding the many terms, formulas
and strategies will help you in making a wise investment. Let’s begin with the Operating
Expenses, which are the most important factors in determining cash flow.
Operating Expenses
In my career I have
come across many finan-
cial reports on invest-
ment properties. It never
ceases to amaze us how
many operating expenses
are streamlined to exag-
gerate the “Net Income”,
thus artificially increasing
the market value of the
property. In addition to
the regular expenses for
heat, hydro, water, prop-
erty taxes, etc., the next
time you review an income
statement, also look for the
following expenses.
1. Management Fees
Whether you intend to manage yourself or hire a property manager, this item should always be
expensed at 3% to 5% of the gross income, depending on the size of the property.
2. Superintendent/Janitor Wages
Again, whether or not you intend to do the work yourself, always expense this wage to
determine the true operating expenses. Use approximately $40.00 – 50.00 per unit, per month
as a guideline. This will vary depending on the duties.
3. Maintenance/Repairs
This cost will also vary depending on the type, age and condition of the property, as well as
the quality of tenants. A good guideline is approximately $600.00 to $800.00 per unit, per
year.
4. Elevator
If the property has an elevator, make sure the elevator costs are included in the expenses.
Many times this cost is omitted.
5. Garbage Disposal
Determine if the garbage is picked up by the City at no cost, or by a private company that
would invoice the owner. This cost is often overlooked.
6. Insurance Coverage
The property must be insured for fire and other hazards and this significant cost should not be
overlooked. Premiums will vary depending on age and size of the building and be aware that
premiums are on the rise.
7. Laundry Expenses
On many occasions, you will find the laundry income included in the gross revenues, however,
the laundry rentals are often forgotten in the expense column. Unless the laundry equipment is
owned, always look for rental charges in the expenses.
8. Advertising/Promotions, etc.
In a tough rental market, you must allocate a reasonable monthly charge for advertising or
costly promotions.
A good “rule of thumb” for operating expenses is 50% to 60% of the “Effective Gross Income”
(a term that will be discussed in next issue). Always remember that it is the Net Operating
Income that sets the probable value of the building. Therefore, to actually establish the true
N.O.I., all the actual expenses must be accounted for, or you could end up paying too much for
the property.
8171394_2716
COM_2716.indd 24 2016-06-29 4:58 PM
Ham
ilton
Commercial Real Estate & Business Opportunities
Please say you saw it in The Commercial Investor
25
Ham
ilton
Volume 16 Issue 06
8171452_2716
Understanding Real Estate Terms and Formulas
Dino Nicosia, Broker of Record, Investpro Realty Ltd.
In this complex world of Real Estate investment, understanding the many terms, formulas
and strategies will help you in making a wise investment. Let’s begin with the Operating
Expenses, which are the most important factors in determining cash flow.
Operating Expenses
In my career I have
come across many finan-
cial reports on invest-
ment properties. It never
ceases to amaze us how
many operating expenses
are streamlined to exag-
gerate the “Net Income”,
thus artificially increasing
the market value of the
property. In addition to
the regular expenses for
heat, hydro, water, prop-
erty taxes, etc., the next
time you review an income
statement, also look for the
following expenses.
1. Management Fees
Whether you intend to manage yourself or hire a property manager, this item should always be
expensed at 3% to 5% of the gross income, depending on the size of the property.
2. Superintendent/Janitor Wages
Again, whether or not you intend to do the work yourself, always expense this wage to
determine the true operating expenses. Use approximately $40.00 – 50.00 per unit, per month
as a guideline. This will vary depending on the duties.
3. Maintenance/Repairs
This cost will also vary depending on the type, age and condition of the property, as well as
the quality of tenants. A good guideline is approximately $600.00 to $800.00 per unit, per
year.
4. Elevator
If the property has an elevator, make sure the elevator costs are included in the expenses.
Many times this cost is omitted.
5. Garbage Disposal
Determine if the garbage is picked up by the City at no cost, or by a private company that
would invoice the owner. This cost is often overlooked.
6. Insurance Coverage
The property must be insured for fire and other hazards and this significant cost should not be
overlooked. Premiums will vary depending on age and size of the building and be aware that
premiums are on the rise.
7. Laundry Expenses
On many occasions, you will find the laundry income included in the gross revenues, however,
the laundry rentals are often forgotten in the expense column. Unless the laundry equipment is
owned, always look for rental charges in the expenses.
8. Advertising/Promotions, etc.
In a tough rental market, you must allocate a reasonable monthly charge for advertising or
costly promotions.
A good “rule of thumb” for operating expenses is 50% to 60% of the “Effective Gross Income”
(a term that will be discussed in next issue). Always remember that it is the Net Operating
Income that sets the probable value of the building. Therefore, to actually establish the true
N.O.I., all the actual expenses must be accounted for, or you could end up paying too much for
the property.
8171394_2716
COM_2716.indd 25 2016-06-29 4:58 PM
Commercial Real Estate & Business Opportunities
Please say you saw it in The Commercial Investor
26 Volume 16 Issue 06
8171
399_
2716
RE/MAX Escarpment Realty Inc Brokerage
Excellent opportunity to own local icon - "Golden Cactus Restaurant". Loc. in dwntwn Jarvis est. large/loyal clientele w/same owner since '77- (retiring). Sit 55x264 lot (2 sep. lots) w/st+rear parking. Incs banquet hall, all equipment, 3 bdrm res. unit, garage. Att. equip/room size sch. Licensed for 121/no P & L avail.
2716_DJW_1_6670
2005-2007 MAIN STREET NORTH, JARVIS - $299,900Valuable 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.
2716_DJW_2_0036
4011 HWY 6, HAGERSVILLE $1,590,000
Turnk-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!
2716_DJW_1_0052
868 NORFOLK ST S, SIMCOE $349,000Mystical, magical Comm/Res prop. maintaining laid back Caribbean inspired theme. Loc. in Dunnville's downtown shopping district w/hi-pedestrian volume + Grad R. views. Ftrs 2 story Res. unit w/new kitchen '16, w-out to priv. court/cabana, 2 UL bedrms, new 4 pc bath '16, 500sf retail unit w/4pc bath. CAPTIVATING!
2716_DJW_0020
107 QUEEN ST, DUNNVILLE $189,00099 MAIN STREET N, HAGERSVILLE $449,000Rare 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.
2716_DJW_1_0015
2.87ac prprty loc.in Nanticoke's Indstrl Park-mins to US Steel+Esso Refinery-45 mins/Hamilton.Incs 2002 blt 5500sf insltd bldng w/in-flr heat, 17'ceilngs,6 overhead drs,1100sf offc,secured cmpnd,600 amp,vhcle hoists.Ideal satellite trucking/manufacture depot.Impossible to replicate at this price.Zoned MH-2
2716_DJW_1_8002
4 FIELD RD, NANTICOKE $729,900
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"
2716_DJW_2_0037
63 8TH CONCESSION, BURFORD $899,000
2716_DJW_3_0012
Affordable 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-Aprx.$16,800-Gross/$13,500-Net-8% Cap Rate.
2716_DJW_1_8003
145 - 147 LOCK STREET E, DUNNVILLE $159,900
NEW PRICE
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.
2716_DJW_2_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!
2716_DJW_1_0001
2007 MAIN STREET SOUTH, JARVIS $125,000
3097 HOMESTEAD DRIVE, MOUNT
HOPE $4,600,000 11.9 ac Dvlpmnt Opprtnty on Prime crnr lot w/3 rd frntgs! Zoned "DD" & designated "District Commercial" under Mt. Hope Secondary Plan which allows for commrcl & possibly mixed use rsdntl. Hwy exposure & close to Hmltn Airport, QEW & 403. Buyer to complete all due diligence. Development incentives from the City! Call LA for more info.
2716_DJW_0062
NEW PRICE
inthenews
SUPPORTING YOUNG ENTREPRENEURS AND THEIR WINNING IDEAS ACROSS
THE PROVINCE
Ontario is partneringwith Staples Canada to showcase more than 500 young entrepreneurs who are
part of the Summer Company program across the province. The third annual Summer Company - Staples Youth Entrepreneurship Day offers Summer Company students the opportunity to showcase their summer businesses at 54 Staples locations in Ontario. This initiative helps young entrepreneurs promote their products and services to customers, getting real-time feedback and priceless business experience.
Summer Company is a unique program that helps young entrepreneurs start and run their own business over the
summer. The program provides students aged 15-29 with hands-on business training, mentorship from local business leaders, and grants of up to $3,000 to turn their ideas into a business.
Supporting the next generation of job creators 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 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 infrastructure investment in hospitals, schools, roads, bridges and transit in Ontario’s history and is 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.
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Jun 04 - Jul 02, 2016, Volume 16 Issue 05
FC_2
316
(CO
M)
ASKING ONLY $890,000For Marketing Brochure Call:Winston Davies, Broker of Record
WinCorp Realty Inc., Real Estate Brokerage
45 Keats Crescent, Guelph, Ontario N1G 3B1
Tel: 519-836-2080 Fax: 519-836-2081 Email: [email protected]
MAHDVI BEHALSales Representative289-291-7008 Of� ce
Coldwell Banker Commercial Integrity Real Estate Inc., Brokerage
CHESLEY - RESIDENTIAL SUBDIVISION - $890,000
Featuring 60 registered unserviced building lots, plus 33 acres of � at land, zoned
residential. The property is situated in the picturesque town of Chesley (just north
of Hanover). Chesley boasts its own hospital.
Shows beautifully. Lots of parking. Nice of� ce furniture included. Front and rear entrances, alarm system, board room, 4 private of� ces, kitchenette, � replaces, etc.
Brokers InformationListing Service30,000+,Haves & Wants,75% ExclusiveResults in60 seconds on your phoneICIWorld.com iciworld.mobi Add It To Your Home Screen
Or Add The ICIWorld App
416-
214-
4875
• 6 Unit Apartment Complex For Sale w/ upside• Separate Hydro Meters• Updated Windows, Roof, Hydro, Sof� ts, Eaves, Plumbing, Kitchens and Baths
• Close to transit, shopping, highway and downtown St. Catharines• Fully Tenanted turnkey operation
• $589,777• Call Nicholas Kazan, Broker for Details
Nicholas KazanBroker, Royal LePage Macro Realty, Brokerage
Independently Owned and Operated
Direct: 289-929-4300 Offi ce: 905-574-3038
[email protected] www.NicholasKazan.com82316_DJW_0002
FOR SALE
6 PLEX
PLAINS ROAD, BURLINGTON2,700 SQ. FT. FREESTANDING
HOME OFFICE BUILDING
• 6 Unit Apartment Complex For Sale w/ upside• Separate Hydro Meters• Updated Windows, Roof, Hydro, Sof� ts, Eaves, Plumbing, Kitchens and Baths
• Close to transit, shopping, highway and downtown St. Catharines• Fully Tenanted turnkey operation• $589,777• Call Nicholas Kazan, Broker for Details
Nicholas KazanBroker, Royal LePage Macro Realty, Brokerage
Independently Owned and OperatedDirect: 289-929-4300 Offi ce: 905-574-3038
[email protected] www.NicholasKazan.com
FOR SALE 6 PLEX
For information call 1.800.268.0077
Sold Through TheCommercial Investor
COM_2716.indd 26 2016-06-29 5:00 PM
Ham
ilton
Commercial Real Estate & Business Opportunities
Please say you saw it in The Commercial Investor
27
Ham
ilton
Volume 16 Issue 06
8171
399_
2716
RE/MAX Escarpment Realty Inc Brokerage
Excellent opportunity to own local icon - "Golden Cactus Restaurant". Loc. in dwntwn Jarvis est. large/loyal clientele w/same owner since '77- (retiring). Sit 55x264 lot (2 sep. lots) w/st+rear parking. Incs banquet hall, all equipment, 3 bdrm res. unit, garage. Att. equip/room size sch. Licensed for 121/no P & L avail.
2716_DJW_1_6670
2005-2007 MAIN STREET NORTH, JARVIS - $299,900Valuable 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.
2716_DJW_2_0036
4011 HWY 6, HAGERSVILLE $1,590,000
Turnk-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!
2716_DJW_1_0052
868 NORFOLK ST S, SIMCOE $349,000Mystical, magical Comm/Res prop. maintaining laid back Caribbean inspired theme. Loc. in Dunnville's downtown shopping district w/hi-pedestrian volume + Grad R. views. Ftrs 2 story Res. unit w/new kitchen '16, w-out to priv. court/cabana, 2 UL bedrms, new 4 pc bath '16, 500sf retail unit w/4pc bath. CAPTIVATING!
2716_DJW_0020
107 QUEEN ST, DUNNVILLE $189,00099 MAIN STREET N, HAGERSVILLE $449,000Rare 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.
2716_DJW_1_0015
2.87ac prprty loc.in Nanticoke's Indstrl Park-mins to US Steel+Esso Refinery-45 mins/Hamilton.Incs 2002 blt 5500sf insltd bldng w/in-flr heat, 17'ceilngs,6 overhead drs,1100sf offc,secured cmpnd,600 amp,vhcle hoists.Ideal satellite trucking/manufacture depot.Impossible to replicate at this price.Zoned MH-2
2716_DJW_1_8002
4 FIELD RD, NANTICOKE $729,900
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"
2716_DJW_2_0037
63 8TH CONCESSION, BURFORD $899,000
2716_DJW_3_0012
Affordable 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-Aprx.$16,800-Gross/$13,500-Net-8% Cap Rate.
2716_DJW_1_8003
145 - 147 LOCK STREET E, DUNNVILLE $159,900
NEW PRICE
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.
2716_DJW_2_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!
2716_DJW_1_0001
2007 MAIN STREET SOUTH, JARVIS $125,000
3097 HOMESTEAD DRIVE, MOUNT
HOPE $4,600,000 11.9 ac Dvlpmnt Opprtnty on Prime crnr lot w/3 rd frntgs! Zoned "DD" & designated "District Commercial" under Mt. Hope Secondary Plan which allows for commrcl & possibly mixed use rsdntl. Hwy exposure & close to Hmltn Airport, QEW & 403. Buyer to complete all due diligence. Development incentives from the City! Call LA for more info.
2716_DJW_0062
NEW PRICE
inthenews
SUPPORTING YOUNG ENTREPRENEURS AND THEIR WINNING IDEAS ACROSS
THE PROVINCE
Ontario is partneringwith Staples Canada to showcase more than 500 young entrepreneurs who are
part of the Summer Company program across the province. The third annual Summer Company - Staples Youth Entrepreneurship Day offers Summer Company students the opportunity to showcase their summer businesses at 54 Staples locations in Ontario. This initiative helps young entrepreneurs promote their products and services to customers, getting real-time feedback and priceless business experience.
Summer Company is a unique program that helps young entrepreneurs start and run their own business over the
summer. The program provides students aged 15-29 with hands-on business training, mentorship from local business leaders, and grants of up to $3,000 to turn their ideas into a business.
Supporting the next generation of job creators 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 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 infrastructure investment in hospitals, schools, roads, bridges and transit in Ontario’s history and is 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.
COM_2716.indd 27 2016-06-29 5:00 PM
Hamilton
Commercial Real Estate & Business Opportunities
Please say you saw it in The Commercial Investor
28
Hamilton
Volume 16 Issue 06
REAL ESTATE BROKERAGE
1033
9498
_271
6
John hryczynskiBroker
(905) 529-5900 x 240email: [email protected]
www.BBsrealty.com
commercial real estate
CommerCial real estate sales and leasing serviCes
For Further inFormation:
Prime corner location at Charlton Ave. with excellent exposure in the heart of this sought after Locke St. Business district. This bldg. has been recently renovated throughout and consists of $2,440 sf ground floor commercial space with loads of windows, 3/4 usable basement, attached garage, parking and 5 student rentals on the 2nd & 3rd floors presently leased. An ideal owner user investment. Asking $1,495,000.
2716
_DJW
_006
7
USE BUILDING FOR SALE
PRIME SOUTHWEST HAMILTON LOCATION
A first class busy regional retail complex, anchored by Metro Food, Shoppers Drug Mart, LCBO, department stores, banks & other retailers w/tremendous parking capacity. Available space: Unit 6 – 4,428 sf and Unit 7 – 4,063 sf, units may be combined and are ideal for most retail uses and Unit 29 – 1,520 sf, ideal for bar restaurant/fast food use Immediate possession.
2716
_DJW
_3_0
062
RETAIL/OFFICE FOR LEASE
EAST HAMILTON MOUNTAIN
2716
_DJW
_3_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. Available space: Unit 2 – 2,151 sf, former variety store; Unit 3 – 2,000 sf and Unit 4 – 3,000 sf, units may be combined, ideal for most retail uses. Rates from $13.95-14.95/sf. Ideal for most retail or other uses, landlord may assist with improve-ments. Immediate possession, loads of parking. Bonus fee to agents.
2716
_DJW
_006
9
NEW RETAIL PLAZA FOR LEASE
CALEDONIA BUSINESS DISTRICTA new mixed use plaza devleopment in the downtown business district with occupancy in early 2017. Excellent exposure along this busy major arterial through the centre of this growing town and located just west of the new 3500 residential unit development now under construction. Retail units from 1,000 sf to 5,000 sf. Ideal opportunity for most retail/office uses. Suitable for most national tenant, call for details.
Located in the growing Greater Hamilton area! This is an excellent opportunity for a hands on owner/user/investor to add value to this investment. This neighbourhood plaza, approx. 23,500+ sf, consists of 15 retail units situated on a large oversized lot with loads of parking. Low rents and several vacant units presently make it an ideal turnaround investment a t a very low price. Very good existing tenant mix. Asking $2,100,000. with possible VTB to qualified buyer. Prinicipals only.
2716
_DJW
_006
8
A mixed use commercial residential development site on Main St. W. located between McMaster University, Hwy 403, Locke St. and downtown core. Parcel consists of existing usable buildings and a large lot, ideal for a mixed use or residential condo development. Rezoning in progress, potentially up to 103 residential condo units & 4,000 sf ground flr. Commercial space & underground parking. Asking $2,590,000.
MIXED USE/CONDO DEVELOPMENT SITE
PRIME WEST HAMILTON LOCATION
RETAIL PLAZA FOR SALE
1129
2930
_271
6
“My Business is to Sell Your Business”
HomeLifeProfessionals
Realty Inc.
BROKERAGE
H A M I L T O NMazhar Roshan905.929.9800 Direct
647.609.9463 GTA Direct
905.929.9800 Sales Representative
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.
Location, Location, Location. Central Mountain, long established, Fully functional, fully equipped 5 bays hoist auto repair shop available for lease. Rent includes TMI, tenant to pay utilities. Minimum one year lease required. Turnkey operation. For viewing, list of equipment and more information pls contact Mazhar.
HAMILTON FOR LEASE $6,500.00 PER MONTH
2716_DJW_0008
Newly constructed com-mercial unit, 1100 sq. ft. with high basement (extra sq. ft.). Good for retail, offi ce or commer-cial uses. Close to hwy, shopping, parks and on bus route.
FOR LEASE STONEY CREEK - $2,200.00 P/M
2716_DJW_1_0020
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
2716_DJW_1_6622
Long established. 30 years in business. Great location. No other competition in the area. Doing approx. $40,000 in monthly sales. Call for more information.
2716_DJW_1_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
2716_DJW_1_0024
Fully leased plaza for sale net income $102,000. Anchor tenant Royal Bank. 30 minutes south of Hamilton. Cap Rate 6%. Call Mazhar Roshan for more details.
PLAZA FOR SALE
2716_DJW_3_0085
EAST HAMILTON
inthenews
Cadillac Fairview (CF) is amplifying its digital platforms with new service
enhancements and first-to-market technology, reinforcing its commitment to providing best-in-class retail offerings.In Ontario, CF Fairview Mall is implementing indoor positioning and turn-by-turn navigation, the first time offered at any Canadian shopping centre. Consumers nationwide will be treated to upgraded Guest WiFi Services with Social features and access to the popular CF SHOP! Text Digital concierge service. In addition, CF Markville and CF Richmond Centre have made Chinese simplified and traditional language updates to their websites to effectively communicate with non-English speaking shoppers.
“Cadillac Fairview continues to aggressively invest in innovative technologies that enhance the consumer shopping experience,” saidJason Anderson, Senior Vice President, Marketing, Cadillac Fairview. “Shoppers want to stay connected during their entire shopping journey and we continue to evolve our digital capabilities, leveraging existing services like our CF SHOP! App, as well as investing in platforms to enable efficient, convenient and interactive experiences at all our retail properties.”
FIRST INDOOR NAVIGATION PLATFORM AT CF FAIRVIEW MALL Now available at CF Fairview Mall, the Navigate Platform powered by Aislelabs, a location based technology provider, delivers accurate indoor positioning with blue-dot wayfinding helping shoppers find their way around the mall with ease. The technology uses a combination of WiFi and Bluetooth beacons for triangulation and acts like an indoor GPS so shoppers can view centre maps, locate their accurate position, and view shortest route to desired store or amenity. Interactive 3D maps also provide walking paths across floors. Shoppers can access all mapping and navigation at CF Fairview Mall by downloading the latest CF SHOP! app from the Google Play Store or App Store or by browsing to CF Fairview Mall website.
GUEST WIFI SERVICE WITH SOCIAL FEATURES Cadillac Fairview is upgrading its WiFi offering with faster connection speeds and easy to use WiFi access. The new platform, also offered by Aislelabs, remodels guest WiFi,
ensuring that users can log in using their social accounts, enjoying a one-click sign in without the hassle of forms. For added convenience, shoppers using the free WiFi will only need to sign-in once as they will be auto connected to the internet during every visit. An added roaming feature will allow direct internet access at any CF shopping centre.
EXPANDED CF SHOP! TEXT DIGITAL CONCIERGE CF is extending CF SHOP! Text to all 20 retail properties offering quick and convenient assistance to all guests. The service was introduced in November 2015 at eight retail properties including CF Pacific Centre, CF Chinook Centre, CF Masonville Place, CF Toronto Eaton Centre, CF Sherway Gardens, CF Rideau Centre, CF Carrefour Laval, and CF Galeries d’Anjou and is widely used by CF shoppers inquiring about anything from retailers and services to promotions to the latest trends.
CF WEBSITE LANGUAGE UPDATES CF Markville and CF Richmond visitors can now view website content in Chinese simplified or Chinese traditional. The update caters to the growing non-English speaking demographic allowing local visitors to stay up to date on property news and events.
Cadillac Fairview is one of the largest owners, operators and developers of best-in- class office, retail and mixed-use properties inNorth America. The company also invests in retail, mixed-use and industrial real estate in Brazil, Colombia and Mexico.
INDOOR NAVIGATION, IMPROVED WIFI, CF SHOP! TEXT AND
WEBSITE UPDATES AMONG NEW TECHNOLOGIES DEFINING
THE CADILLAC FAIRVIEW SHOPPING EXPERIENCE
COM_2716.indd 28 2016-06-29 5:00 PM
Commercial Real Estate & Business Opportunities
Please say you saw it in The Commercial Investor
29Volume 16 Issue 06inthenews
Cadillac Fairview (CF) is amplifying its digital platforms with new service
enhancements and first-to-market technology, reinforcing its commitment to providing best-in-class retail offerings.In Ontario, CF Fairview Mall is implementing indoor positioning and turn-by-turn navigation, the first time offered at any Canadian shopping centre. Consumers nationwide will be treated to upgraded Guest WiFi Services with Social features and access to the popular CF SHOP! Text Digital concierge service. In addition, CF Markville and CF Richmond Centre have made Chinese simplified and traditional language updates to their websites to effectively communicate with non-English speaking shoppers.
“Cadillac Fairview continues to aggressively invest in innovative technologies that enhance the consumer shopping experience,” saidJason Anderson, Senior Vice President, Marketing, Cadillac Fairview. “Shoppers want to stay connected during their entire shopping journey and we continue to evolve our digital capabilities, leveraging existing services like our CF SHOP! App, as well as investing in platforms to enable efficient, convenient and interactive experiences at all our retail properties.”
FIRST INDOOR NAVIGATION PLATFORM AT CF FAIRVIEW MALL Now available at CF Fairview Mall, the Navigate Platform powered by Aislelabs, a location based technology provider, delivers accurate indoor positioning with blue-dot wayfinding helping shoppers find their way around the mall with ease. The technology uses a combination of WiFi and Bluetooth beacons for triangulation and acts like an indoor GPS so shoppers can view centre maps, locate their accurate position, and view shortest route to desired store or amenity. Interactive 3D maps also provide walking paths across floors. Shoppers can access all mapping and navigation at CF Fairview Mall by downloading the latest CF SHOP! app from the Google Play Store or App Store or by browsing to CF Fairview Mall website.
GUEST WIFI SERVICE WITH SOCIAL FEATURES Cadillac Fairview is upgrading its WiFi offering with faster connection speeds and easy to use WiFi access. The new platform, also offered by Aislelabs, remodels guest WiFi,
ensuring that users can log in using their social accounts, enjoying a one-click sign in without the hassle of forms. For added convenience, shoppers using the free WiFi will only need to sign-in once as they will be auto connected to the internet during every visit. An added roaming feature will allow direct internet access at any CF shopping centre.
EXPANDED CF SHOP! TEXT DIGITAL CONCIERGE CF is extending CF SHOP! Text to all 20 retail properties offering quick and convenient assistance to all guests. The service was introduced in November 2015 at eight retail properties including CF Pacific Centre, CF Chinook Centre, CF Masonville Place, CF Toronto Eaton Centre, CF Sherway Gardens, CF Rideau Centre, CF Carrefour Laval, and CF Galeries d’Anjou and is widely used by CF shoppers inquiring about anything from retailers and services to promotions to the latest trends.
CF WEBSITE LANGUAGE UPDATES CF Markville and CF Richmond visitors can now view website content in Chinese simplified or Chinese traditional. The update caters to the growing non-English speaking demographic allowing local visitors to stay up to date on property news and events.
Cadillac Fairview is one of the largest owners, operators and developers of best-in- class office, retail and mixed-use properties inNorth America. The company also invests in retail, mixed-use and industrial real estate in Brazil, Colombia and Mexico.
INDOOR NAVIGATION, IMPROVED WIFI, CF SHOP! TEXT AND
WEBSITE UPDATES AMONG NEW TECHNOLOGIES DEFINING
THE CADILLAC FAIRVIEW SHOPPING EXPERIENCE
COM_2716.indd 29 2016-06-29 5:00 PM
Commercial Real Estate & Business Opportunities
Please say you saw it in The Commercial Investor
30 Volume 16 Issue 06
GTASECTIONCOVERING:Ajax Alliston Bowmanville Bradford Bolton Burlington Brampton ConcordDurham Region
Etobicoke Georgetown Georgina Keswick MarkhamMilton Mississauga Newmarket North York Oakville Oshawa
Pickering Richmond Hill Scarborough Schomberg Sutton TorontoTottenham Thornhill Vaughan Whitby Woodbridge
For advertisingcontact Doreen WillsTel: 1-800-268-0077 or [email protected]@ypnexthome.ca
GREATER TORONTO AREA
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
NewSectionPages_FullColor2015.indd 7 2015-03-19 3:47 PM
trebreport
GTA REALTORS REPORT commercial market figures
Toronto Real Estate Board President Mark McLean announced that TREB Commercial Network Members reported
452,261 square feet of combined industrial, commercial/retail and office space leased through TREB’s MLS System in May 2016, on a per square foot net basis with pricing disclosed. This result was up in comparison to 374,781 square feet leased in May 2015.
Approximately two-thirds of space leased was industrial in nature, followed by commercial/retail and office space.
The average lease rate for industrial space was $5.95 per square foot net in May 2016 – up 6.7 per cent compared to $5.58 in May 2015. Average commercial/retail and office lease rates were down on a year-over-year basis to $19.10 and $11.91 respectively. It is important to note that lease rates can be volatile on a month-to-month basis, as a result of changes to the mix of properties leased.
“It was certainly encouraging to see an uptick in leasing activity this past May compared to the same time last year. However, it is important to remember that there certainly still exists some uncertainty around how economic growth will unfold in Canada and southern Ontario. Of particular importance to the regional GTA economy, and therefore commercial real estate markets, will be the trend in exports over the next year,” said Mr. McLean.
There were 61 combined industrial, commercial/retail and office sales reported in May 2016, where pricing was disclosed. This result was up compared to 55 sales reported for May 2015.
Changes in average sale prices on a per square foot net basis varied by market segment and, similar to the leasing market, reflected changes in the type and geography of properties sold along with changes in market conditions.
May 2016: Per Square Foot Net Commercial Leasing Summary Lease Transactions completed on a per square
foot net basis with pricing disclosed on TorontoMLS
May 2016: Commercial Sales Completed with Pricing Disclosed on TorontoMLS
Leased Sq. Ft.
May 2016 May 2015 % Change
Industrial 300,471 297,269 1.1%
Commercial 86,483 31,690 172.9%
Office 65,307 45,822 42.5%
Total 452,261 374,781 20.7%
Sales (Price Disclosed)
May 2016 May 2015 % Change
Industrial 19 21 -9.5%
Commercial 30 22 36.4%
Office 12 12 0.0%
Total 61 55 10.9%
Avg. Sale Price Per Sq. Ft. (Pricing Disclosed)
May 2016 May 2015 % Change
Industrial $152.23 $108.01 40.9%
Commercial $247.73 $225.05 10.1%
Office $180.80 $181.22 -0.2%
Average lease rate
May 2016 May 2015 % Change
Industrial $5.95 $5.58 6.7%
Commercial $19.10 $23.32 -18.1%
Office $11.91 $12.19 -2.3%
COM_2716.indd 30 2016-06-29 5:00 PM
GTASECTIONCOVERING:Ajax Alliston Bowmanville Bradford Bolton Burlington Brampton ConcordDurham Region
Etobicoke Georgetown Georgina Keswick MarkhamMilton Mississauga Newmarket North York Oakville Oshawa
Pickering Richmond Hill Scarborough Schomberg Sutton TorontoTottenham Thornhill Vaughan Whitby Woodbridge
For advertisingcontact Doreen WillsTel: 1-800-268-0077 or [email protected]@ypnexthome.ca
GREATER TORONTO AREA
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
NewSectionPages_FullColor2015.indd 7 2015-03-19 3:47 PM
trebreport
GTA REALTORS REPORT commercial market figures
Toronto Real Estate Board President Mark McLean announced that TREB Commercial Network Members reported
452,261 square feet of combined industrial, commercial/retail and office space leased through TREB’s MLS System in May 2016, on a per square foot net basis with pricing disclosed. This result was up in comparison to 374,781 square feet leased in May 2015.
Approximately two-thirds of space leased was industrial in nature, followed by commercial/retail and office space.
The average lease rate for industrial space was $5.95 per square foot net in May 2016 – up 6.7 per cent compared to $5.58 in May 2015. Average commercial/retail and office lease rates were down on a year-over-year basis to $19.10 and $11.91 respectively. It is important to note that lease rates can be volatile on a month-to-month basis, as a result of changes to the mix of properties leased.
“It was certainly encouraging to see an uptick in leasing activity this past May compared to the same time last year. However, it is important to remember that there certainly still exists some uncertainty around how economic growth will unfold in Canada and southern Ontario. Of particular importance to the regional GTA economy, and therefore commercial real estate markets, will be the trend in exports over the next year,” said Mr. McLean.
There were 61 combined industrial, commercial/retail and office sales reported in May 2016, where pricing was disclosed. This result was up compared to 55 sales reported for May 2015.
Changes in average sale prices on a per square foot net basis varied by market segment and, similar to the leasing market, reflected changes in the type and geography of properties sold along with changes in market conditions.
May 2016: Per Square Foot Net Commercial Leasing Summary Lease Transactions completed on a per square
foot net basis with pricing disclosed on TorontoMLS
May 2016: Commercial Sales Completed with Pricing Disclosed on TorontoMLS
Leased Sq. Ft.
May 2016 May 2015 % Change
Industrial 300,471 297,269 1.1%
Commercial 86,483 31,690 172.9%
Office 65,307 45,822 42.5%
Total 452,261 374,781 20.7%
Sales (Price Disclosed)
May 2016 May 2015 % Change
Industrial 19 21 -9.5%
Commercial 30 22 36.4%
Office 12 12 0.0%
Total 61 55 10.9%
Avg. Sale Price Per Sq. Ft. (Pricing Disclosed)
May 2016 May 2015 % Change
Industrial $152.23 $108.01 40.9%
Commercial $247.73 $225.05 10.1%
Office $180.80 $181.22 -0.2%
Average lease rate
May 2016 May 2015 % Change
Industrial $5.95 $5.58 6.7%
Commercial $19.10 $23.32 -18.1%
Office $11.91 $12.19 -2.3%
COM_2716.indd 31 2016-06-29 5:00 PM
Greater Toronto Area
Commercial Real Estate & Business Opportunities
Please say you saw it in The Commercial Investor
32
Greater Toronto Area
Volume 16 Issue 06
S k y V i e w sLandlord Municipal Licensing: It’s More than Just a Toronto Issue
By: Cliff Ford, Skyview Realty Ltd., Brokeragecan develop resulting in excessive move-outs and a lack of applicants to refill those units. It is, and has always been, in the landlord’s best interest to be diligent with their proper-ties. Licensing oversight starts to seem unnecessary from that perspective.
Then there’s the issue of the costs associated with implementing a licensing program. Fees would be added on a per unit basis just as a start. There would also be additional costs to comply with licensing requirements through repairs and maintenance in common areas and individual units. These costs have to be absorbed by the landlord, and as we know the margins of profit for multi-unit residential properties continue to be challenged by rising utility costs and shrinking guideline rent increases.
Sure these costs may be passed along to the tenants by increasing rents, but that is likely only possible on turnover. Above-guideline increase applications can be attempted, though it is yet to be seen whether this would be a successful venture in recouping those additional costs.
If the true purpose of landlord licensing is to make buildings safer for tenants, this again may be slightly redundant. Safety has always been a top concern for landlords in Ontario, and as mentioned earlier, the majority of them are diligent in ensuring their buildings are kept compliant for all safety-related issues including structural, environmental, and fire safety. As it relates to the individual rental units, the majority of those same landlords are diligent in repairing the apartments when it is necessary. Even if it’s solely from a liability stand-point, which it’s often not, many owners lose sleep at night worrying about the safety of their residents. No one wants to see anyone hurt on their watch.
This is just the preliminary “food for thought” on the landlord licensing issue. Whether you agree or disagree with the principle behind licensing, and the implications it may have, it is an issue to be aware of and to pay attention to. Whatever comes of the Toronto decision, it will have an impact on how you operate your rental property in Toronto and in smaller markets throughout Ontario.
Get active in your local apartment association, if you are not doing so already. It is networking like this that can provide support and assistance to you in maintaining your properties; and allow a collective voice to be heard by municipal governments when programs such as licensing are being considered. Organizations like FRPO and GTAA are already doing their part to raise awareness on how the landlord licensing program could negatively impact our industry. We all have a vested interest; we all have a voice.
It’s been about 3 years since Hamilton ceased their attempt at introducing landlord licensing to their city. If you remember at that time, quite a number of landlords, property managers, and associations gathered their forces together to put a stop to the proposed program that would have put intensive oversight into how landlords operated their rental buildings. Now, Toronto is discussing the same type of legislation for the rental properties in their city.
But this is more than just a Hamilton or Toronto issue. It can have ripple effects throughout the province. As we’ve seen with previous trends and developments, as things are implemented in the larger markets, they trickle out to the smaller markets as well. Whether you own a rental property in Toronto or in a smaller market in Ontario, the issue of licensing of apartment buildings should be paid attention to.
Those arguing for licensing (including organizations such as ACORN) make the program sound quite altruistic. Landlord licensing is sold as a benefit to residents to ensure their rental units’ quality standards are up to par. It is also sold as further accountability for the owners and oper-ators of those properties. Ensuring landlords provide a good quality living space for their tenants is a good idea, in and of itself, but having further oversight in a market that is already fairly regulated can create additional headaches that could be detrimental to owners and tenants alike.
First, there is the issue of overkill… Take Toronto as an example. The city already conducts regular audits of multi-unit residential properties and is known to have an almost “zero tolerance” stance on city issued work orders. The majority of property owners are already diligent in upkeep of their rental properties and comply when the city issues a work order. Licensing, if it targeted just the problem minority (including Community Housing which has had a history of compliance issues), would be a good idea. Unfortunately it blankets the entire industry with unneces-sary additional red tape.
It feels as though the licensing program is being proposed to give tenants a greater voice on the quality of their homes. There are, however, already significant outlets that a tenant can turn to if their living space is not in a safe and liveable condition. Beyond the Landlord Tenant Board, tenants have a voice in the media, through community organizations, and through their own social media networks.
In this respect, it’s almost a matter of letting the market speak for itself. If you run a good building - maintaining the common areas and building envelope, upgrading and maintaining your units – you will have a steady stream of prospective tenants to rent units as they become available. If a landlord is not diligent in these areas, a bad reputation
8647857_2716
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Volume 16 Issue 06
1130
8051
_271
6
Rene Papa, Broker
647-300-7363 Cell905-660-4949 Offi ce Ext. [email protected]
• Hwy 27 & 7• Aprx 1500 sq ft @ 4 offices ++• $1395. Monthly plus HST
FOR LEASE
2116_DJW_1_0083
• Corner Store
• Retail Condo
• Fully Finished
• Maple
POWER OF SALE
2116_DJW_0004
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 Office, Accountant, Real Estate, Mortgage Business, Law, Education Facility, Car Rental. Possible Purchase.
FOR LEASE - $12.95 PER SQ. FT.BRAND NEW BUILDING !!!
2116_DJW_1_0085
Jane St. Unit - Approx 1000 Sq ft. - Half RentedIdeal for User or Investor
Please call agent for details.
INVESTMENT PROPERTY - VAUGHAN
• Retail!!! Exposure!! Lots of parking! Suitable for most retail, office medical uses permitted. Excellent Investment.
• Unit #15 - 848 sq ft - Now $299,000• Unit #21 - 1,156 sq ft - $434,000, Beside prkg lot!• Unit #22 & 23 - 1,849 sq ft - Now $650,000 - Floor to ceiling
windows - Must see this unit to believe!
KEELE ST & MAJOR MACKENZIE DRIVE - VAUGHAN
2116
_DJW
_1_0
081
2116
_DJW
_1_0
084
2116
_DJW
_1_0
082
ONLY
3
CONDOS LEFT
RUTHERFORD
& JANE
1129
8178
_271
6
MICHAEL SHMUKLER, P.Eng, Broker of RecordDIRECT: 519-318-1622 TOLL FREE: 1-866-960-6059
Email: [email protected] REALTY INC. BROKERAGE
WWW.SHMUKLERREALTY.COMGeneric photo to protect the privacy of residents. Generic photo to protect the privacy of residents. Generic photo to protect the privacy of residents.
26 large suites with full ensuite bathrooms. Possible 52 semi-private beds. Some
residents are Government funded.
26 SUITESRETIREMENT HOME WITH
GOV'T FUNDING(OTTAWA AREA)
$1,550,0002716_DJW_3_0060
Great opportunity to build a great business. Current gross income $2,700,000. Building
has many amenities such as a library, chapel, games room, craft room, gardens, fitness
area, computer room and more. Home offers services in demand such as assisted living
and memory care.
90 BED RETIREMENT HOME1 1/2 HOUR FROM TORONTO
$5,500,0002716_DJW_2_0074
Well-established business since 1958. Opened as a Nursing Home and converted
to a Retirement Home in 1978. Licenced with the RHRA for 61 beds. Home has a high
occupancy rate servicing local urban and rural areas. Expansion possibilities. Being sold as
a turnkey operation - owner is retiring. 2 hours from Toronto.
61 BED RETIREMENT HOMEHASTINGS COUNTY, ONTARIO
2716_DJW_0058$1,500,000
S k y V i e w sLandlord Municipal Licensing: It’s More than Just a Toronto Issue
By: Cliff Ford, Skyview Realty Ltd., Brokeragecan develop resulting in excessive move-outs and a lack of applicants to refill those units. It is, and has always been, in the landlord’s best interest to be diligent with their proper-ties. Licensing oversight starts to seem unnecessary from that perspective.
Then there’s the issue of the costs associated with implementing a licensing program. Fees would be added on a per unit basis just as a start. There would also be additional costs to comply with licensing requirements through repairs and maintenance in common areas and individual units. These costs have to be absorbed by the landlord, and as we know the margins of profit for multi-unit residential properties continue to be challenged by rising utility costs and shrinking guideline rent increases.
Sure these costs may be passed along to the tenants by increasing rents, but that is likely only possible on turnover. Above-guideline increase applications can be attempted, though it is yet to be seen whether this would be a successful venture in recouping those additional costs.
If the true purpose of landlord licensing is to make buildings safer for tenants, this again may be slightly redundant. Safety has always been a top concern for landlords in Ontario, and as mentioned earlier, the majority of them are diligent in ensuring their buildings are kept compliant for all safety-related issues including structural, environmental, and fire safety. As it relates to the individual rental units, the majority of those same landlords are diligent in repairing the apartments when it is necessary. Even if it’s solely from a liability stand-point, which it’s often not, many owners lose sleep at night worrying about the safety of their residents. No one wants to see anyone hurt on their watch.
This is just the preliminary “food for thought” on the landlord licensing issue. Whether you agree or disagree with the principle behind licensing, and the implications it may have, it is an issue to be aware of and to pay attention to. Whatever comes of the Toronto decision, it will have an impact on how you operate your rental property in Toronto and in smaller markets throughout Ontario.
Get active in your local apartment association, if you are not doing so already. It is networking like this that can provide support and assistance to you in maintaining your properties; and allow a collective voice to be heard by municipal governments when programs such as licensing are being considered. Organizations like FRPO and GTAA are already doing their part to raise awareness on how the landlord licensing program could negatively impact our industry. We all have a vested interest; we all have a voice.
It’s been about 3 years since Hamilton ceased their attempt at introducing landlord licensing to their city. If you remember at that time, quite a number of landlords, property managers, and associations gathered their forces together to put a stop to the proposed program that would have put intensive oversight into how landlords operated their rental buildings. Now, Toronto is discussing the same type of legislation for the rental properties in their city.
But this is more than just a Hamilton or Toronto issue. It can have ripple effects throughout the province. As we’ve seen with previous trends and developments, as things are implemented in the larger markets, they trickle out to the smaller markets as well. Whether you own a rental property in Toronto or in a smaller market in Ontario, the issue of licensing of apartment buildings should be paid attention to.
Those arguing for licensing (including organizations such as ACORN) make the program sound quite altruistic. Landlord licensing is sold as a benefit to residents to ensure their rental units’ quality standards are up to par. It is also sold as further accountability for the owners and oper-ators of those properties. Ensuring landlords provide a good quality living space for their tenants is a good idea, in and of itself, but having further oversight in a market that is already fairly regulated can create additional headaches that could be detrimental to owners and tenants alike.
First, there is the issue of overkill… Take Toronto as an example. The city already conducts regular audits of multi-unit residential properties and is known to have an almost “zero tolerance” stance on city issued work orders. The majority of property owners are already diligent in upkeep of their rental properties and comply when the city issues a work order. Licensing, if it targeted just the problem minority (including Community Housing which has had a history of compliance issues), would be a good idea. Unfortunately it blankets the entire industry with unneces-sary additional red tape.
It feels as though the licensing program is being proposed to give tenants a greater voice on the quality of their homes. There are, however, already significant outlets that a tenant can turn to if their living space is not in a safe and liveable condition. Beyond the Landlord Tenant Board, tenants have a voice in the media, through community organizations, and through their own social media networks.
In this respect, it’s almost a matter of letting the market speak for itself. If you run a good building - maintaining the common areas and building envelope, upgrading and maintaining your units – you will have a steady stream of prospective tenants to rent units as they become available. If a landlord is not diligent in these areas, a bad reputation
8647857_2716
COM_2716.indd 33 2016-06-29 5:00 PM
Greater Toronto Area
London South - 334 Wellington Road S, N6C 4P6
NELSON CONROYSales Representative
519-672-9880 [email protected]
3093
82_2
716
JUST LISTED
2+1 Bedroom condo, with potential for a 4th bedroom in the lower level. Close to both Fanshawe College, the University of Western Ontario.
2716_DJW_0043
Do you have children attending the University of Western Ontario?
ATTENTION INVESTORS}
CALL FOR MY EXPERTISE IN THE AREA OF STUDENT HOUSING OPPORTUNITIES NEAR THE UNIVERSITY OF WESTERN ONTARIO & FANSHAW COLLEGE. TAKE ADVANTAGE OF MY KNOWLEDGE OF THE CITY OF LONDON BY-LAWS & RENTAL LICENCING.
FIVE BEDROOM RAISED RANCH
Just a block to Fanshawe College, buses & shopping centre. Potential income $2000/month.
2716_DJW_0044
COMING SOON
5 bedroom, 3 yr old 2 storey located in the fastest growing area of Northwest London. Currently a University of Western Ontario executive rental.
2716_DJW_0045
FOR LEASE
Two bedroom Executive condo in the downtown Richmond Row district of Lon-don. Bus route to the University. Shopping, dining, theaters nearby. 2716_DJW_0046
INVESTORS/PROFESSIONALS & PARENTSTwo bedroom 1368 sq. ft. condo with security, un-derground park-ing & indoor pool. Perfect owner occupied student investment.
2716_DJW_2_0027
DOWNTOWN ST THOMAS
4 residential apts, 3200 sq. ft. of retail. This portfolio grosses $42,000. Caps at 8%.
2716_DJW_0047
RARE OPPORTUNITY Within the down-town core of St Thomas. Zoning includes a duplex or triplex. Senior housing in high demand. Direct 519-630-7470.
2716_DJW_0048
$229,900 PRICED $259,900 $399,900
$1500 PER MONTH
$179,900
JUST $349,900
Commercial Real Estate & Business Opportunities
Please say you saw it in The Commercial Investor
34
Greater Toronto Area
Volume 16 Issue 06
ATTENTION: Investors & DevelopersATTENTION: Investors & Developers
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.
Medical Center,
11298089_2716
$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
SOLD
What our clients are saying about us
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
Oct 10 - Nov 7, 2015, Volume 15 Issue 10
FC_4
115
(CO
M)
3 STOREY VACANT BUILDING - FOR SALE
VALUE PRICED - WON’T LAST AT $2.49M ON BUSY HAMILTON MOUNTAIN19,000 square feet available on 3 � oors plus full basement. Currently the building is set up as a school, with of� ces, classrooms, and medical and computer labs. Each � oor is 4750 sqft. The building is in great condition with a new roof and operating elevator. Located on the Hamilton Mountain, along the busy Upper James St. corridor just North of the expressway. Lease rate is $13 per sqft. plus TMI or asking $2.49 million to purchase.Nicholas Kazan, Broker | Nicolas Von Bredow, Broker
Royal LePage Macro Realty, BrokerageIndependently Owned and Operated
Tel: 905-574-3038 1-888-751-22292115_DJW_0047
CALL TODAY1-877-272-2952 [email protected]
2 GREAT LOCATIONS IN LONDON, ON
Great Hours of Operation 7:00 am - 3:00 pm
Wellington Rd. & Commissioners Rd.
Fanshawe Park Rd. & Richmond St.(Coming January 2016)
(Coming June 2016)
Other locations available across Ontario
Winston Davies, Broker of RecordWinCorp Realty Inc., Real Estate Brokerage,
45 Keats Crescent, Guelph, ON N1G 3B1
Tel: 519-836-2080 Fax: 519-836-2081 Email: [email protected]
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:QEW EXPOSURE/CLEAR SPAN/GRIMSBY
22,434 SQ.FT. Available For Sale.
Clear span building (no interior columns), 38’ High Ceiling.
Located seconds away from QEW with high pro� le neighbors.
William DeJong, Broker of Record
Coldwell Banker Commercial Integrity Real Estate Inc., Brokerage
1155 North Service Road W, Suite7 Oakville, ON L6M 3E3
Tel: (289) 291-5068 Email: [email protected]
FOR SALE
1715_DJW_0086
For information call 1.800.268.0077
TAWNYA GVOICHSales Representative
t: 226.314.1600 e: [email protected]
3315_DJW_0028
Recognized as “THE ADDRESS” for rental living in Guelph. No dollar has been spared on this property over the years.Guelph has one of the lowest vacany rates @ 1.6% - building always full• 6 - 3 Bedroom• 14 -2 Bedroom• 2 - 1 Bedroom• 2 - Oversized Bachelor• Cap rate: 6%
Asking $3,100,000For all the details, photo gallery, floor plans, and amenities for this beautiful Guelph property please visit our website at
www.guelphgeorgian.ca
24 SUITE MULTI-RESIDENTIAL BUILDING IN GUELPH
PRINCIPALS ONLY PLEASE
SOLD“Thanks to the
COMMERCIAL INVESTOR”
COM_2716.indd 34 2016-06-29 5:01 PM
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London South - 334 Wellington Road S, N6C 4P6
NELSON CONROYSales Representative
519-672-9880 [email protected]
3093
82_2
716
JUST LISTED
2+1 Bedroom condo, with potential for a 4th bedroom in the lower level. Close to both Fanshawe College, the University of Western Ontario.
2716_DJW_0043
Do you have children attending the University of Western Ontario?
ATTENTION INVESTORS}
CALL FOR MY EXPERTISE IN THE AREA OF STUDENT HOUSING OPPORTUNITIES NEAR THE UNIVERSITY OF WESTERN ONTARIO & FANSHAW COLLEGE. TAKE ADVANTAGE OF MY KNOWLEDGE OF THE CITY OF LONDON BY-LAWS & RENTAL LICENCING.
FIVE BEDROOM RAISED RANCH
Just a block to Fanshawe College, buses & shopping centre. Potential income $2000/month.
2716_DJW_0044
COMING SOON
5 bedroom, 3 yr old 2 storey located in the fastest growing area of Northwest London. Currently a University of Western Ontario executive rental.
2716_DJW_0045
FOR LEASE
Two bedroom Executive condo in the downtown Richmond Row district of Lon-don. Bus route to the University. Shopping, dining, theaters nearby. 2716_DJW_0046
INVESTORS/PROFESSIONALS & PARENTSTwo bedroom 1368 sq. ft. condo with security, un-derground park-ing & indoor pool. Perfect owner occupied student investment.
2716_DJW_2_0027
DOWNTOWN ST THOMAS
4 residential apts, 3200 sq. ft. of retail. This portfolio grosses $42,000. Caps at 8%.
2716_DJW_0047
RARE OPPORTUNITY Within the down-town core of St Thomas. Zoning includes a duplex or triplex. Senior housing in high demand. Direct 519-630-7470.
2716_DJW_0048
$229,900 PRICED $259,900 $399,900
$1500 PER MONTH
$179,900
JUST $349,900
Commercial Real Estate & Business Opportunities
Please say you saw it in The Commercial Investor
35
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Volume 16 Issue 06
COM_2716.indd 35 2016-06-29 5:01 PM
Commercial Real Estate & Business Opportunities
Please say you saw it in The Commercial Investor
36 Volume 16 Issue 06
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
Future development parcel approx. 6.9 acres located strategically including pro-posed collector road with the possibility of serviced building lots. $465,000 Marc Ronan *** 1-888-936-4216.
2716_DJW_0033
Sensational 100 acre par-cel located in South end of Hockley Village! Five species of mature trees, great build-ing sites, walking and riding trails, and Humber River flows through! Hunter, an-gler, sportsman, fisher mans dream! Taxes reflect man-aged forest. $995,000 Marc Ronan *** 1-888-936-4216
2716_DJW_0034
100 acre vacant land in South Bradford/West Gwil-limbury! Approximately 77 acres workable with balance excellent hardwood mature bush. No severances. In area of productive famrs near Hwy 9 & 27. $1,500,000 Marc Ronan *** 1-888-936-4216
2716_DJW_0035
Great investment opportunity on Hwy 9. Property is located beside the hydro right of way and is considered the preferred alternative for the 427 extension to Bradford bypass, County Road 27 and the expansion of 400 Hwy. Located in a designated pro-vincial growth area. Land is presently rented to farmer. $2,250,000 Marc Ronan *** 1-888-936-4216
2716_DJW_0036
Investment opportunity! 30 acres future development land in Alliston across the road from new residential development. Level land with approx 5200 sqft building, 2nd level updated apartment approx 2000 sq ft plus inlaw space. This property has seri-ous development potential. $1,900,000 Marc Ronan *** 1-888-936-4216
2716_DJW_0037
89 acres next to growing Tot-tenham and services area. Designated as provincial growth area. Next to Wood-ington Lake Golf Club. Ideal investment and surrounded by developer owned land. $3,520,000 Marc Ronan *** 1-888-936-4216
2716_DJW_0038
93 acre development parcel abutting residential devel-opment in New Lowell, just outside growing Barrie. Ap-proximately 88 acres work-able land. Located inside the development bnoundary expansion area. Large greater Toronto developer in same area. $1,700,000 Marc Ronan *** 1-888-936-4216
2716_DJW_0039
Huge in Town lot with 163 frontage on King Rd just outside of Town Core, West of Hwy 27 in sought after, ever-growing town of Noble-ton, King Township. Ideal for home occupation with great expsoure! Large principal rooms, 2 bedrooms on main level with upated kitchen with centre island/breakfast bar. 2 bedrooms on the 2nd floor with a separate side entrance. $1,100,000 Anne Hillard * 905-859-4477
2716_DJW_0040
10929735_2716
inthenews
Mayor John Tory recently launched an innovative new online business
support platform, the first of its kind worldwide, at digitalmainstreet.ca.He was joined by project partner representatives from the Toronto Association of Business Improvement Areas (TABIA), Google Canada, MasterCard, Rogers Communications, Shopify and Yellow Pages, and main street businesses, project facilitators and vendors.
“Technology has changed the demands and expectations of consumers and Toronto’s main street businesses require our support to help them thrive in today’s retail environment,” said Mayor Tory. “When fewer than half of Canadian small businesses have a website, the need for this kind of service is widespread and immediate.”
Features of the Digital Main Street program include:
• Website – Main street businesses receive a digital assessment, which is a roadmap for digital adoption. The digital assessment contains a ‘to-do’ list and recommendations to trusted technology providers who can help businesses meet their goals.
• Digital Service Squad – Developed in partnership with George Brown College, students and recent graduates will assist the main street businesses in completing their digital assessments and onboarding basic technologies.
• BIAcademy – A suite of learning and development opportunities focused on helping main street businesses adopt and sustain new technologies.
• BIA Lab – A business incubator for retail innovation startups that will match technology companies with main street businesses to test and scale their technologies.
• 38 technology companies providing services as free trials or at a discounted rate.
“Digital Main Street shows the ingenuity of Toronto’s digital and technology business community to create essential tools and services of benefit to all main street businesses,” said John Kiru, Executive Director of TABIA. “Toronto’s BIAs have been a leader worldwide in the development of private and public sector partnerships, and this project builds upon that tradition of innovation and collaboration.”
Digital Main Street was developed by the City of Toronto and TABIA with advisory and web development services from Kinetic Cafe. The project was developed in consultation
with Toronto’s BIAs, technology companies and main street businesses, and was piloted in three Toronto BIAs.
The project’s private sector partners have provided the funding for this initiative while many of the participating companies have contributed complimentary and discounted services as well as training and workshops for BIAs and main street businesses.
“Digital Main Street offers global scale to local Toronto businesses, connecting consumers from Canada and around the world to the great products and services this city has to offer.” said Fab Dolan, Head of Marketing for Google Canada.
“No matter the size, every business today is a digital business. And, with the right tools, every business can be national or even global.”
“In Toronto’s highly digitally connected market, local businesses have unlimited opportunities, but they need the tools to harness those opportunities and to understand how their business is performing,” said Brian Lang, President, MasterCard. “Digital Main Street gives local businesses the option to use real-time big data to help make decisions and grow their business. The insights and trend reports available through this program give main street businesses in Toronto a valuable edge.”
“Online is the new local for small businesses, and not having a digital presence can mean missing the first point of contact with future customers,” said Nyla Ahmad, Senior Vice-President, Enterprise Marketing, Rogers Communications.
“Being part of the Digital Main Street initiative in partnership with the City of Toronto will allow us to help small businesses get the support they need to attract customers in a digital environment and discover technologies that will ultimately help them succeed.”
“At Shopify, our goal is to spread entrepreneurship, which we’ve spent over a decade doing by making ecommerce easy for over 275,000 businesses around the world and many right here in Toronto,” said Satish Kanwar, Director of Product at Shopify.
“We’re excited to be working with the City to help create an ecosystem that encourages even more opportunities for small businesses.”
“The adoption of digital marketing and technologies by small businesses is an ongoing challenge across Canada,” said Paul Brousseau, Vice-President, Brand Communications at Yellow Pages. “We’re pleased to partner with the City of Toronto to help bridge the digital gap for local businesses through the Digital Main Street initiative.”
Digital Main Street is part of “From Concept to Commercialization: A Startup Eco-system Strategy for the City of Toronto” which was endorsed by City Council in May 2015.
MAYOR TORY AND PARTNERS LAUNCH DIGITAL MAIN STREET BUSINESS PLATFORM
COM_2716.indd 36 2016-06-29 5:01 PM
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Commercial Real Estate & Business Opportunities
Please say you saw it in The Commercial Investor
37
Grea
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to A
rea
Volume 16 Issue 06
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
Future development parcel approx. 6.9 acres located strategically including pro-posed collector road with the possibility of serviced building lots. $465,000 Marc Ronan *** 1-888-936-4216.
2716_DJW_0033
Sensational 100 acre par-cel located in South end of Hockley Village! Five species of mature trees, great build-ing sites, walking and riding trails, and Humber River flows through! Hunter, an-gler, sportsman, fisher mans dream! Taxes reflect man-aged forest. $995,000 Marc Ronan *** 1-888-936-4216
2716_DJW_0034
100 acre vacant land in South Bradford/West Gwil-limbury! Approximately 77 acres workable with balance excellent hardwood mature bush. No severances. In area of productive famrs near Hwy 9 & 27. $1,500,000 Marc Ronan *** 1-888-936-4216
2716_DJW_0035
Great investment opportunity on Hwy 9. Property is located beside the hydro right of way and is considered the preferred alternative for the 427 extension to Bradford bypass, County Road 27 and the expansion of 400 Hwy. Located in a designated pro-vincial growth area. Land is presently rented to farmer. $2,250,000 Marc Ronan *** 1-888-936-4216
2716_DJW_0036
Investment opportunity! 30 acres future development land in Alliston across the road from new residential development. Level land with approx 5200 sqft building, 2nd level updated apartment approx 2000 sq ft plus inlaw space. This property has seri-ous development potential. $1,900,000 Marc Ronan *** 1-888-936-4216
2716_DJW_0037
89 acres next to growing Tot-tenham and services area. Designated as provincial growth area. Next to Wood-ington Lake Golf Club. Ideal investment and surrounded by developer owned land. $3,520,000 Marc Ronan *** 1-888-936-4216
2716_DJW_0038
93 acre development parcel abutting residential devel-opment in New Lowell, just outside growing Barrie. Ap-proximately 88 acres work-able land. Located inside the development bnoundary expansion area. Large greater Toronto developer in same area. $1,700,000 Marc Ronan *** 1-888-936-4216
2716_DJW_0039
Huge in Town lot with 163 frontage on King Rd just outside of Town Core, West of Hwy 27 in sought after, ever-growing town of Noble-ton, King Township. Ideal for home occupation with great expsoure! Large principal rooms, 2 bedrooms on main level with upated kitchen with centre island/breakfast bar. 2 bedrooms on the 2nd floor with a separate side entrance. $1,100,000 Anne Hillard * 905-859-4477
2716_DJW_0040
10929735_2716
inthenews
Mayor John Tory recently launched an innovative new online business
support platform, the first of its kind worldwide, at digitalmainstreet.ca.He was joined by project partner representatives from the Toronto Association of Business Improvement Areas (TABIA), Google Canada, MasterCard, Rogers Communications, Shopify and Yellow Pages, and main street businesses, project facilitators and vendors.
“Technology has changed the demands and expectations of consumers and Toronto’s main street businesses require our support to help them thrive in today’s retail environment,” said Mayor Tory. “When fewer than half of Canadian small businesses have a website, the need for this kind of service is widespread and immediate.”
Features of the Digital Main Street program include:
• Website – Main street businesses receive a digital assessment, which is a roadmap for digital adoption. The digital assessment contains a ‘to-do’ list and recommendations to trusted technology providers who can help businesses meet their goals.
• Digital Service Squad – Developed in partnership with George Brown College, students and recent graduates will assist the main street businesses in completing their digital assessments and onboarding basic technologies.
• BIAcademy – A suite of learning and development opportunities focused on helping main street businesses adopt and sustain new technologies.
• BIA Lab – A business incubator for retail innovation startups that will match technology companies with main street businesses to test and scale their technologies.
• 38 technology companies providing services as free trials or at a discounted rate.
“Digital Main Street shows the ingenuity of Toronto’s digital and technology business community to create essential tools and services of benefit to all main street businesses,” said John Kiru, Executive Director of TABIA. “Toronto’s BIAs have been a leader worldwide in the development of private and public sector partnerships, and this project builds upon that tradition of innovation and collaboration.”
Digital Main Street was developed by the City of Toronto and TABIA with advisory and web development services from Kinetic Cafe. The project was developed in consultation
with Toronto’s BIAs, technology companies and main street businesses, and was piloted in three Toronto BIAs.
The project’s private sector partners have provided the funding for this initiative while many of the participating companies have contributed complimentary and discounted services as well as training and workshops for BIAs and main street businesses.
“Digital Main Street offers global scale to local Toronto businesses, connecting consumers from Canada and around the world to the great products and services this city has to offer.” said Fab Dolan, Head of Marketing for Google Canada.
“No matter the size, every business today is a digital business. And, with the right tools, every business can be national or even global.”
“In Toronto’s highly digitally connected market, local businesses have unlimited opportunities, but they need the tools to harness those opportunities and to understand how their business is performing,” said Brian Lang, President, MasterCard. “Digital Main Street gives local businesses the option to use real-time big data to help make decisions and grow their business. The insights and trend reports available through this program give main street businesses in Toronto a valuable edge.”
“Online is the new local for small businesses, and not having a digital presence can mean missing the first point of contact with future customers,” said Nyla Ahmad, Senior Vice-President, Enterprise Marketing, Rogers Communications.
“Being part of the Digital Main Street initiative in partnership with the City of Toronto will allow us to help small businesses get the support they need to attract customers in a digital environment and discover technologies that will ultimately help them succeed.”
“At Shopify, our goal is to spread entrepreneurship, which we’ve spent over a decade doing by making ecommerce easy for over 275,000 businesses around the world and many right here in Toronto,” said Satish Kanwar, Director of Product at Shopify.
“We’re excited to be working with the City to help create an ecosystem that encourages even more opportunities for small businesses.”
“The adoption of digital marketing and technologies by small businesses is an ongoing challenge across Canada,” said Paul Brousseau, Vice-President, Brand Communications at Yellow Pages. “We’re pleased to partner with the City of Toronto to help bridge the digital gap for local businesses through the Digital Main Street initiative.”
Digital Main Street is part of “From Concept to Commercialization: A Startup Eco-system Strategy for the City of Toronto” which was endorsed by City Council in May 2015.
MAYOR TORY AND PARTNERS LAUNCH DIGITAL MAIN STREET BUSINESS PLATFORM
COM_2716.indd 37 2016-06-29 5:01 PM
Greater Toronto Area
Commercial Real Estate & Business Opportunities
Please say you saw it in The Commercial Investor
38
Greater Toronto Area
Volume 16 Issue 06
Brokerage Independently Owned And Operated
5071 Highway 7 E., Markham ON L3R 1N3
www.PBcommercialteam.com | [email protected]
www.PBcommercialteam.com
# Commercial TeamIn Canada! *
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
_271
6
**
** Sales Person + Broker
**+
905-660-4949
Massimo Farina BROKER (x224), Lara Tersigni BROKER (x223)
999 EDGELEY BLVD. UNITS 5-6, VAUGHAN, ON, L4K 5Z4
Call Massimo Farina, Broker (416) 409 4630 (905) 660 4949
2716
_DJW
_2_0
058
2716
_DJW
_1_0
038
9258736_2716
• 1834 sq. ft to 3668 sq. ft.• 80% office• Drive in door• Street extra parking• High exposure• Immediate access to Hwy 427
2716_DJW_5_0018
FOR LEASE• Retail space• Weston Rd. Address• Suits Restaurant use• Great location
2716_DJW_0066
FOR LEASE• Former Restaurant• Great exposure• Hwy 400/Jane St.• 2900 SF fully finished • High end space. Many uses
2716_DJW_1_0046
FOR SALE• 2554 sq ft office• 2nd floor space• Great layout• Ample parking• Great rates• Jane/Langstaff• MLS# N344185 2716_DJW_1_0665
FOR LEASE
FOR SALE EXCLUSIVE!
• 40,000 SF Freestanding building Vaughan• 4 TL – 2DI - 24’ clear -- 400 Amp• Accommodates 2 tenants• Outstanding opportunity & Location
FOR SALE - USER/INVESTOR
• 3660 Sq Ft Industrial/ Commercial Unit
• Steeles Exposure!!Principals only Please
• 133 Milani Blvd., Vaughan. Immediate occupancy• 2900 sq.ft. unit. Drive in shipping• Call Lara Tersigni
ONLY 1 UNIT LEFT
FOR SALE PRESTIGE COMMERCIAL/INDUSTRIAL CONDOMINIUMS
• • •
OFFICE SPACE• From 500 sf and up.• 2nd and main floor options
available.• Close to new Hwy 7.• Subway line.• Call Lara Tersigni.
2716_DJW_2_0015
FOR SALE - VAUGHAN• Rare offering.• Commercial/Industrial lot
with over 140 feet frontage on Highway 400 and over 260 feet frontage on Cityview Blvd.
• Located on the West side of Hwy 400
• Just North of Major Mac.• Em1 Zoning. Services to the
lot line.2716_DJW_0064
FOR LEASE - VAUGHAN • 5700 SQ FT• 80% Office 20% Warehouse• 1 TL & D1 shipping!• Great Rates - Low TMI• Office can be reduced• Corner unit• Ample parking
2716_DJW_2_0017
FOR LEASE• 1150 sq. ft. retail• Langstaff exposure• GREAT LOCATION• Immediate access to Hwy 400• For Doctor, Dentist & Lawyer
2716_DJW_0065
$5,680,000
$950,000
COM_2716.indd 38 2016-06-29 5:01 PM
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ter T
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Please say you saw it in The Commercial Investor
Grea
ter T
oron
to A
rea
Brokerage Independently Owned And Operated
5071 Highway 7 E., Markham ON L3R 1N3
www.PBcommercialteam.com | [email protected]
www.PBcommercialteam.com
# Commercial TeamIn Canada! *
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
_271
6
**
** Sales Person + Broker
**+
905-660-4949
Massimo Farina BROKER (x224), Lara Tersigni BROKER (x223)
999 EDGELEY BLVD. UNITS 5-6, VAUGHAN, ON, L4K 5Z4
Call Massimo Farina, Broker (416) 409 4630 (905) 660 4949
2716
_DJW
_2_0
058
2716
_DJW
_1_0
038
9258736_2716
• 1834 sq. ft to 3668 sq. ft.• 80% office• Drive in door• Street extra parking• High exposure• Immediate access to Hwy 427
2716_DJW_5_0018
FOR LEASE• Retail space• Weston Rd. Address• Suits Restaurant use• Great location
2716_DJW_0066
FOR LEASE• Former Restaurant• Great exposure• Hwy 400/Jane St.• 2900 SF fully finished • High end space. Many uses
2716_DJW_1_0046
FOR SALE• 2554 sq ft office• 2nd floor space• Great layout• Ample parking• Great rates• Jane/Langstaff• MLS# N344185 2716_DJW_1_0665
FOR LEASE
FOR SALE EXCLUSIVE!
• 40,000 SF Freestanding building Vaughan• 4 TL – 2DI - 24’ clear -- 400 Amp• Accommodates 2 tenants• Outstanding opportunity & Location
FOR SALE - USER/INVESTOR
• 3660 Sq Ft Industrial/ Commercial Unit
• Steeles Exposure!!Principals only Please
• 133 Milani Blvd., Vaughan. Immediate occupancy• 2900 sq.ft. unit. Drive in shipping• Call Lara Tersigni
ONLY 1 UNIT LEFT
FOR SALE PRESTIGE COMMERCIAL/INDUSTRIAL CONDOMINIUMS
• • •
OFFICE SPACE• From 500 sf and up.• 2nd and main floor options
available.• Close to new Hwy 7.• Subway line.• Call Lara Tersigni.
2716_DJW_2_0015
FOR SALE - VAUGHAN• Rare offering.• Commercial/Industrial lot
with over 140 feet frontage on Highway 400 and over 260 feet frontage on Cityview Blvd.
• Located on the West side of Hwy 400
• Just North of Major Mac.• Em1 Zoning. Services to the
lot line.2716_DJW_0064
FOR LEASE - VAUGHAN • 5700 SQ FT• 80% Office 20% Warehouse• 1 TL & D1 shipping!• Great Rates - Low TMI• Office can be reduced• Corner unit• Ample parking
2716_DJW_2_0017
FOR LEASE• 1150 sq. ft. retail• Langstaff exposure• GREAT LOCATION• Immediate access to Hwy 400• For Doctor, Dentist & Lawyer
2716_DJW_0065
$5,680,000
$950,000
COM_2716.indd 39 2016-06-29 5:01 PM
Greater Toronto Area
Commercial Real Estate & Business Opportunities
Please say you saw it in The Commercial Investor
40
Greater Toronto Area
Volume 16 Issue 06
SUMMA PROPERTY MANAGEMENTProfessional Property Management & Consulting
647-341-7990www.summapm.com [email protected]
We get “TOP MARKS” for Management,Consulting and Renting!
Our superior service includesmanaging multi-unit Residential/Commercial/
Retail/Industrial/Condominium properties.We offer specialized services to
manage and rent condo investments.
9631442_2716
[email protected]: 289-288-3256
William HicksWEST GTA
Office, industrial, retail
INDEPENDENTLY OWNED & OPERATED BROKERAGE
BurlOak real estate services -BrOkerage
SALES REPRESENTATIVE
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_2716
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
COM_2716.indd 40 2016-06-29 5:01 PM
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Commercial Real Estate & Business Opportunities
Please say you saw it in The Commercial Investor
41
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Volume 16 Issue 06
11236116_2716
Exclusive listing on Brock Street just off Hwy 401 in Whitby. Perfect for develop-ing Hi Density Residential. Four proper-ties total consisting of one entire block. Call for more details (416)889-4777 Rick Pilozzi
ATTENTION ALL BUILDERSAND DEVELOPERS
2716_DJW_0010
REALTY SPECIALISTS INC., BROKERAGEINDEPENDENTLY OWNED AND OPERATED
www.rickpilozzi.com | 905.272.3434Not intended to solicit clients already under contract and properties currently listed with another broker.
Lamba Realty Group Inc., Brokerage
AJ Lamba, Broker of Record
Once In A Lifetime Op-portunity! Loyal Customer Base. Long Established Automotive / Truck Business For Sale On Rare 1.25 Acre Land! Approx $1.8M In Sales with Great Verifiable Net Income! No Franchise or Royalties! Situated Directly on Hwy 89 Close to Hwy 50. $2,250,000. ID#CI4987
AJ Lamba, Broker of Record
AJ Lamba, Broker of Record
AJ Lamba,
Automotive Related
Excellent Opportunity To Be Part Of The Fast Growing Franchise Business! Ins Con-venience Store Located Inside The Shell Gas Station On Don Mills Road. Prime Location Great Walk In Traffic Of Gas Station Customers Surround-ing Buildings. Income From Sales, Lottery Commission And ATM.$450,000. ID#CI705
Convenience Store
Location. Location. Location!! 1st Property Off Two Major Hwy. Custom Design ‘Very Very Rare’ ‘Own A Piece Of Prime Miss. Real Estate!!! Located Next To Proposed Centre To The South!!! Approx 1 Acre Of Prime Vacant Land & W/ Rare 325 FT Frontage On Prime Eglinton Ave “Huge Income Potential! $1,950,000. ID#CI900
Worship Place/ Medical/ Land
Super Deal! Excellent Oppor-tunity To Own Your Business. Great Potential With 25 Years Established Profitable Indian Restaurant Take Out - Cater-ing. All Equipment Included Residential Area, Surrounded By Many Professional Office. Take-Out, $3700 mth Includ-ing TMI. $125,000. ID#CI450
Restaurant
Amazing Industrial Units Located In The Heart of Mississauga. Currently 4 Units Combined And Zoned As One Place Of Worship. Over 5600Sqft Of Space. Can Be Converted Into Separate Units of Approx 1400Sqft Each.Great User/ Investor Opportunity- E2 Zoning Allows High Tech, Lab, Enginerring And Much More!! $1,200,000. ID#CI966
Place of Worship
One Of A Kind Establish Hair Salon In Prime Location In A Busy And High Demand Plaza. Turn Key Operation. Open The Door And Start Making Mon-ey!! Grossing $9,000 Per Week. Owner-Operating For 35 Years. At The Same Location For 13 Years Willing To Stay And Transition! $120,000. ID#CI6550
Hair Salon
Very Rare Business Opportu-nity For Buyers to Own Prime Land! Excellent Location Less Than 1 Hr From Miss! Approx 32 Acres of Agricultural Land. A Very Successful Halal Meat Processing Plant. Features 3 Structures Including Meat Pro-cessing Plant, 4Bdrm House & A Holding Barn That Can Hold 100’s Of Livestock! $900,000. ID#CI5309
Meat Processing Plant
Well Established & Profitable Hair Salon. Operating For 45 Yrs. Icon In A High Demand Mall W/Loyal Clientele!! Growing Location! Turn-Key Business With Lots of Growth Potential! Owner Willing To Help With Transition For Up To One Year! Open Only 6 Days! Potential For Growth! $45,000. ID#CI1255
Hair Salon
**We have OVERSEAS Buyers
24HRS
SAVE $$$BUYING/SELLING!
905 502-9944ETHICS & INTEGRITY above all else...
* Chris Chartier; Agata Drozdowska; Jenny Zhour; Ankit Malhotra; Nicole Yue; Frank Gulati - Salespersons
1129
4169
_271
6
COM_2716.indd 41 2016-06-29 5:01 PM
Greater Toronto Area
Private Funds for Any ReasonPrivate 1st Mortgages
Private 2nd Mortgages
Private 1st MortgagesPrivate 1st MortgagesMonthly Payments for every $100,000
Private 2nd MortgagesPrivate 2nd Mortgages
Monthly Payments for every $100,000
Interest only paymentsNo Income Verification Required
No Credit Check RequiredAppraisals not always needed
Rush Closings OKPricing for GTA only
Brokers Welcome
CALL TODAY11297590_2716
1-877-777-7308 Verico The Mortgage Leaders Inc.FSCO License # 10238
Up to 65% LTV @ 5.99% = $499.17Up to 70% LTV @ 6.49% = $540.83Up to 75% LTV @ 6.99% = $582.50Up to 80% LTV @ 7.49% = $624.17
Up to 65% LTV @ 8.99% = $749.17Up to 70% LTV @ 9.99% = $832.50Up to 75% LTV @ 10.99% = $915.83Up to 80% LTV @ 11.99% = $999.17
CENTRALONTARIOSECTION
For advertisingcontact Doreen WillsTel: 1-800-268-0077 or [email protected]@ypnexthome.ca
CENTRAL ONTARIO
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
COVERING:Barrie Collingwood Muskoka North Bay Kawartha LakesMidland Meaford PaisleyParry Sound
OrilliaOwen Sound Sudbury WalkertonMidlandMeafordKawarttha LakesMuskokaNorth Bay
NewSectionPages_FullColor2015.indd 9 2015-03-19 3:47 PMCOM_2716.indd 42 2016-06-29 5:01 PM
Private Funds for Any ReasonPrivate 1st Mortgages
Private 2nd Mortgages
Private 1st MortgagesPrivate 1st MortgagesMonthly Payments for every $100,000
Private 2nd MortgagesPrivate 2nd Mortgages
Monthly Payments for every $100,000
Interest only paymentsNo Income Verification Required
No Credit Check RequiredAppraisals not always needed
Rush Closings OKPricing for GTA only
Brokers Welcome
CALL TODAY11297590_2716
1-877-777-7308 Verico The Mortgage Leaders Inc.FSCO License # 10238
Up to 65% LTV @ 5.99% = $499.17Up to 70% LTV @ 6.49% = $540.83Up to 75% LTV @ 6.99% = $582.50Up to 80% LTV @ 7.49% = $624.17
Up to 65% LTV @ 8.99% = $749.17Up to 70% LTV @ 9.99% = $832.50Up to 75% LTV @ 10.99% = $915.83Up to 80% LTV @ 11.99% = $999.17
CENTRALONTARIOSECTION
For advertisingcontact Doreen WillsTel: 1-800-268-0077 or [email protected]@ypnexthome.ca
CENTRAL ONTARIO
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
COVERING:Barrie Collingwood Muskoka North Bay Kawartha LakesMidland Meaford PaisleyParry Sound
OrilliaOwen Sound Sudbury WalkertonMidlandMeafordKawarttha LakesMuskokaNorth Bay
NewSectionPages_FullColor2015.indd 9 2015-03-19 3:47 PMCOM_2716.indd 43 2016-06-29 5:01 PM
Commercial Real Estate & Business Opportunities
Please say you saw it in The Commercial Investor
44 Volume 16 Issue 06
marketminded
CONFERENCE BOARD ECONOMIC INDEX SIGNALS STRONGER ECONOMY AHEAD FOR CANADA
for the United States rose to an impressive 123.9, a level not seen in nearly 10 years. The U.S. index’s high level should translate into increased trade activity in Canada over the next six months.
The Bank of Canada’s energy price index posted a modest increase in April, as oil prices continued their recovery. The price of crude is still forecast to hover around $50 for much of this year, but its steady increase since its low in February is good news for energy companies. Meanwhile, the temporary shutdown of oil sands production in May due to the devastating Fort McMurray wildfires is only forecast to hurt second quarter economic growth. Because the price of oil had been trending up before the fires, the resource sector as a whole is expected to improve in the second half of the year.
The S&P/TSX index advanced by over three per cent in April, suggesting that the effects of rising resource prices are continuing to trickle into financial markets. Lenders are also feeling more optimistic as the interest rate charged by chartered banks narrowed relative to the yield on Treasury bills.
The Conference Board of Canada’s Index of Consumer Confidence also rose in April, leading the way to increases in consumer spending, especially with respect to purchasing big-ticket items. However, news from the labour market was mixed. The average workweek -- the mean number of hours worked per week across all industries -- increased for the second consecutive month, but the number employment insurance claims rose as well.
Industrial and commercial building permits slumped for the second consecutive month in April. The decline in building intentions signals apprehension about the Canadian real estate market, which could limit economic growth in the latter part of this year.
conferenceboard.ca
The Conference Board of Canada’s newly re-launched Composite Leading Index rose by 2.6 per cent in April, suggesting better
times ahead for Canada’s economy six months from now.
The Composite Leading Index (CLI) sums up the performance of nine components that track the short-term course of the economy and signals changes in the business cycle (periods of faster and slower economic growth) approximately six months in the future.
“The rise in the indicator suggests that the outlook for the Canadian economy has improved,” said Matthew Stewart, associate director, National Forecasting with The Conference Board of Canada.
“Oil prices continue to recover, financial markets and consumer confidence are rebounding, which are pointing to optimism on the part of investors and consumers. Canada’s economy should finally be gaining momentum towards the final months of the year.”
HIGHLIGHTS
The Composite Leading Index rose another 2.6 points in April, pointing to a brighter outlook for Canada’s economy in the months ahead.
Most of the nine components included in the index saw improvements, with only employment insurance claims and industrial and commercial building permits deteriorating in April.
The oil price recovery, stock market gains and a growing consumer confidence are fuelling the economic momentum.
THE NINE COMPONENTS INCLUDED IN THE INDEX ARE:
• The U.S. leading indicator;
• Building permits;
• The stock market;
• The spread between the interest rate for private versus government short-term borrowing;
• The average workweek in manufacturing;
• Energy price index;
• New orders for durable manufactured goods;
• The Conference Board of Canada’s Index of Consumer Confidence; and
• Claims received for Employment Insurance.
Seven of the nine components improved in April, and two of them worsened. The Conference Board Inc.’s Leading Economic Index
COM_2716.indd 44 2016-06-29 5:01 PM
Cent
ral O
ntar
io
Commercial Real Estate & Business Opportunities
Please say you saw it in The Commercial Investor
45
Cent
ral O
ntar
io
Volume 16 Issue 06
TEMISKAMING REALTY LTD.,
BROKERAGE
New Liskeard,
Northern Ontario
www.temiskamingrealty.com 1-866-557-1110705-647-1110
Bill ByersSales Representative
[email protected] 8313
781_
2716
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
2316
_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
2316
_DJW
_1_0
041
WATERFRONT168 acres on the beautiful Montreal River at Elk Lake. Just North of town makes this an excellent property to build on or develop. Mineral rights are included. Asking $179,900. MLS 153289.
2316
_DJW
_001
2
RESTAURANTTurn key set up, good condition & high traffic location on Hwy #11 in Latchford. Lots of parking, only restaurant in the area. Asking only $79,900. MLS 153116.
2316
_DJW
_1_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
2316
_DJW
_3_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 $219,900. MLS 153288
2316
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NEW P
RICE
$219
,900
NEW P
RICE
$79,
900
marketminded
CONFERENCE BOARD ECONOMIC INDEX SIGNALS STRONGER ECONOMY AHEAD FOR CANADA
for the United States rose to an impressive 123.9, a level not seen in nearly 10 years. The U.S. index’s high level should translate into increased trade activity in Canada over the next six months.
The Bank of Canada’s energy price index posted a modest increase in April, as oil prices continued their recovery. The price of crude is still forecast to hover around $50 for much of this year, but its steady increase since its low in February is good news for energy companies. Meanwhile, the temporary shutdown of oil sands production in May due to the devastating Fort McMurray wildfires is only forecast to hurt second quarter economic growth. Because the price of oil had been trending up before the fires, the resource sector as a whole is expected to improve in the second half of the year.
The S&P/TSX index advanced by over three per cent in April, suggesting that the effects of rising resource prices are continuing to trickle into financial markets. Lenders are also feeling more optimistic as the interest rate charged by chartered banks narrowed relative to the yield on Treasury bills.
The Conference Board of Canada’s Index of Consumer Confidence also rose in April, leading the way to increases in consumer spending, especially with respect to purchasing big-ticket items. However, news from the labour market was mixed. The average workweek -- the mean number of hours worked per week across all industries -- increased for the second consecutive month, but the number employment insurance claims rose as well.
Industrial and commercial building permits slumped for the second consecutive month in April. The decline in building intentions signals apprehension about the Canadian real estate market, which could limit economic growth in the latter part of this year.
conferenceboard.ca
The Conference Board of Canada’s newly re-launched Composite Leading Index rose by 2.6 per cent in April, suggesting better
times ahead for Canada’s economy six months from now.
The Composite Leading Index (CLI) sums up the performance of nine components that track the short-term course of the economy and signals changes in the business cycle (periods of faster and slower economic growth) approximately six months in the future.
“The rise in the indicator suggests that the outlook for the Canadian economy has improved,” said Matthew Stewart, associate director, National Forecasting with The Conference Board of Canada.
“Oil prices continue to recover, financial markets and consumer confidence are rebounding, which are pointing to optimism on the part of investors and consumers. Canada’s economy should finally be gaining momentum towards the final months of the year.”
HIGHLIGHTS
The Composite Leading Index rose another 2.6 points in April, pointing to a brighter outlook for Canada’s economy in the months ahead.
Most of the nine components included in the index saw improvements, with only employment insurance claims and industrial and commercial building permits deteriorating in April.
The oil price recovery, stock market gains and a growing consumer confidence are fuelling the economic momentum.
THE NINE COMPONENTS INCLUDED IN THE INDEX ARE:
• The U.S. leading indicator;
• Building permits;
• The stock market;
• The spread between the interest rate for private versus government short-term borrowing;
• The average workweek in manufacturing;
• Energy price index;
• New orders for durable manufactured goods;
• The Conference Board of Canada’s Index of Consumer Confidence; and
• Claims received for Employment Insurance.
Seven of the nine components improved in April, and two of them worsened. The Conference Board Inc.’s Leading Economic Index
Ontario’s First Magazine Dedicated to Industrial,
Commercial and Investment Real Estate
FOR ADVERTISING CALL
DOREEN WILLS 905.570.9283 • [email protected]
COM_2716.indd 45 2016-06-29 5:01 PM
“Your Commercial Connection in Eastern Ontario!”
8305397_2716
2316
_DJW
_004
5
• 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 $2.9M
MEDICAL BUILDING
2316
_DJW
_1_0
177
• Currently 20 beds• Site plan for 20 additional beds• Located in downtown core
www.stirlingtowers.comASKING $1.675 MILLION
RETIREMENT HOME
2316
_DJW
_1_0
089
• Bancroft downtown core• Site size 2.16 acres• Site plan, engineering studies, zoning in place for 18 resi-
dential rental units and 12 new townhouse condominiums
www.emeraldhill.caASKING PRICE $895,000
PRIME DEVELOPMENT SITE
2316
_DJW
_1_0
097
• 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
2316
_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 churcheswww.138leland.com
ASKING PRICE1.9 MILLION
116 UNIT SITE23
16_D
JW_1
_011
5
• 5 commercial tenants• 6 residential units• Annual income approx. $98,000•
www.104dundas.comASKING PRICE: $675,000
INVESTMENT PROPERTY
2316
_DJW
_1_0
102
• 2 commercial tenants• 2 residential tenants• Separate metres• Fully occupied
www.44king.comASKING PRICE: $275,000
INVESTMENT PROPERTY
2316
_DJW
_1_0
103
REDUCED
REDUCED
• 1/2 acre fully paved lot• Bldg. is approximately 5,000 sq. ft. • Property is zoned for many uses
ASKING PRICE $468,000
EXCELLENT LOCATION
• 4 acres• Currently 41 unit motel• Under receivership, make an offer
www.parkmoteltrenton.comASKING PRICE 1.4 MILLION
MUST SELL
2316
_DJW
_2_0
064
REDUCEDTO $1.4M
• Located 1.5 hours east of Toronto• 401 frontage• 5.6 acres
• 56,500 sf fully leased• 3 industrially tenants• Fully fenced yard
For more information go to www.10douglas.comASKING $2,450,000
TRENTON INCOME PROPERTY
2316
_DJW
_1_0
066
2316
_DJW
_2_0
067
REDUCED
NEWPRICE
NEW
MULTI-RES
EASTERNONTARIOSECTIONCOVERING:Lindsay Peterborough Port Hope Bowmanville
Cobourg Trenton Belleville KingstonNortheastern Ontario
For advertisingcontact Doreen WillsTel: 1-800-268-0077 or [email protected]@ypnexthome.ca
EAST
ERN
ONTA
RIO
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
NewSectionPages_FullColor2015.indd 12 2015-03-19 3:47 PMCOM_2716.indd 46 2016-06-29 5:01 PM
East
ern
Onta
rio
Commercial Real Estate & Business Opportunities
Please say you saw it in The Commercial Investor
47
East
ern
Onta
rio
Volume 16 Issue 06
“Your Commercial Connection in Eastern Ontario!”
8305397_2716
2316
_DJW
_004
5
• 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 $2.9M
MEDICAL BUILDING
2316
_DJW
_1_0
177
• Currently 20 beds• Site plan for 20 additional beds• Located in downtown core
www.stirlingtowers.comASKING $1.675 MILLION
RETIREMENT HOME
2316
_DJW
_1_0
089
• Bancroft downtown core• Site size 2.16 acres• Site plan, engineering studies, zoning in place for 18 resi-
dential rental units and 12 new townhouse condominiums
www.emeraldhill.caASKING PRICE $895,000
PRIME DEVELOPMENT SITE
2316
_DJW
_1_0
097
• 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
2316
_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 churcheswww.138leland.com
ASKING PRICE1.9 MILLION
116 UNIT SITE
2316
_DJW
_1_0
115
• 5 commercial tenants• 6 residential units• Annual income approx. $98,000•
www.104dundas.comASKING PRICE: $675,000
INVESTMENT PROPERTY
2316
_DJW
_1_0
102
• 2 commercial tenants• 2 residential tenants• Separate metres• Fully occupied
www.44king.comASKING PRICE: $275,000
INVESTMENT PROPERTY
2316
_DJW
_1_0
103
REDUCED
REDUCED
• 1/2 acre fully paved lot• Bldg. is approximately 5,000 sq. ft. • Property is zoned for many uses
ASKING PRICE $468,000
EXCELLENT LOCATION
• 4 acres• Currently 41 unit motel• Under receivership, make an offer
www.parkmoteltrenton.comASKING PRICE 1.4 MILLION
MUST SELL
2316
_DJW
_2_0
064
REDUCEDTO $1.4M
• Located 1.5 hours east of Toronto• 401 frontage• 5.6 acres
• 56,500 sf fully leased• 3 industrially tenants• Fully fenced yard
For more information go to www.10douglas.comASKING $2,450,000
TRENTON INCOME PROPERTY
2316
_DJW
_1_0
066
2316
_DJW
_2_0
067
REDUCED
NEWPRICE
NEW
MULTI-RES
EASTERNONTARIOSECTIONCOVERING:Lindsay Peterborough Port Hope Bowmanville
Cobourg Trenton Belleville KingstonNortheastern Ontario
For advertisingcontact Doreen WillsTel: 1-800-268-0077 or [email protected]@ypnexthome.ca
EAST
ERN
ONTA
RIO
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
NewSectionPages_FullColor2015.indd 12 2015-03-19 3:47 PMCOM_2716.indd 47 2016-06-29 5:01 PM
Commercial Real Estate & Business Opportunities
Please say you saw it in The Commercial Investor
48 Volume 16 Issue 06
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
NewSectionPages_FullColor2015.indd 13 2015-03-19 3:48 PM
inthenews
A NEW ERA IN CANADIAN INDUSTRIAL REAL ESTATE
third largest industrial market in North America – saw vacancy plunge to 3.7 per cent in 2015, due largely to increased e-commerce-related demand for warehouse & distribution space.
“Industrial real estate has hit a new high,” said Stuart Barron, national director Research, Cushman & Wakefield. “You have to look before the financial crisis to see the kind of robust growth happening now across major Canadian markets.”
The market growth is being fueled by low energy costs, a competitive Canadian dollar, low interest rates, growing U.S. demand, and the evolution of e-commerce.
“What took me by surprise” said Barron, “is that Calgary didn’t see a single quarter of negative absorption for two years ending in the four quarter of 2015. That’s remarkable considering the magnitude of the energy bust on the downtown office market, and speaks to the dynamics and resilience of industrial real estate.”
Added Barron: “The markets that will roar in 2016 will be Vancouver, Toronto, and Montreal. Generally, we expect to see tightening industrial markets, new developments, and upward pressure on rental rates in key regions and markets.”
Key findings include:
• Canadian industrial absorption spiked to 17.8 msf in 2015 after reaching 10.6 msf in 2014. This was the strongest performance since 2005 and one of the fastest expansionary accelerations in history.
• Toronto absorbed a remarkable 9.1 msf of space in 2015 –the strongest growth seen since Q1 2008, prior to the financial crisis.
• Vancouver saw the strongest expansionary growth relative to its size, absorbing 4.5 msf in 2015, the strongest performance in more than 15 years.
• Montreal saw momentum kick into gear with absorption averaging 625,000 sf per quarter, and topping 900,000 sf in Q4 2015.
• Calgary and Edmonton: Calgary and especially Edmonton will shift to negative absorption, as the impact of the energy bust widens.
Canada’s major industrial real estate markets – Vancouver,
Toronto, and Montreal – entered a new era of growth in 2015 – in some markets breaking pre-recession absorption records – and are set to have another banner year, according to a special report released recently by Cushman & Wakefield.
The report, called A New Era in Industrial Real Estate points out that Canada’s industrial markets, including Calgary’s, were steadily gaining traction through 2014 and 2015 while many office markets were feeling the pain of the oil shock and choppy national and global economic conditions.
Last year, occupiers of industrial property across Canada absorbed 17.8 million square feet (msf) of space, making it one of the “hottest growth periods” in the sector’s history, says the report. The Greater Toronto area – the
COM_2716.indd 48 2016-06-29 5:01 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
NewSectionPages_FullColor2015.indd 13 2015-03-19 3:48 PM
inthenews
A NEW ERA IN CANADIAN INDUSTRIAL REAL ESTATE
third largest industrial market in North America – saw vacancy plunge to 3.7 per cent in 2015, due largely to increased e-commerce-related demand for warehouse & distribution space.
“Industrial real estate has hit a new high,” said Stuart Barron, national director Research, Cushman & Wakefield. “You have to look before the financial crisis to see the kind of robust growth happening now across major Canadian markets.”
The market growth is being fueled by low energy costs, a competitive Canadian dollar, low interest rates, growing U.S. demand, and the evolution of e-commerce.
“What took me by surprise” said Barron, “is that Calgary didn’t see a single quarter of negative absorption for two years ending in the four quarter of 2015. That’s remarkable considering the magnitude of the energy bust on the downtown office market, and speaks to the dynamics and resilience of industrial real estate.”
Added Barron: “The markets that will roar in 2016 will be Vancouver, Toronto, and Montreal. Generally, we expect to see tightening industrial markets, new developments, and upward pressure on rental rates in key regions and markets.”
Key findings include:
• Canadian industrial absorption spiked to 17.8 msf in 2015 after reaching 10.6 msf in 2014. This was the strongest performance since 2005 and one of the fastest expansionary accelerations in history.
• Toronto absorbed a remarkable 9.1 msf of space in 2015 –the strongest growth seen since Q1 2008, prior to the financial crisis.
• Vancouver saw the strongest expansionary growth relative to its size, absorbing 4.5 msf in 2015, the strongest performance in more than 15 years.
• Montreal saw momentum kick into gear with absorption averaging 625,000 sf per quarter, and topping 900,000 sf in Q4 2015.
• Calgary and Edmonton: Calgary and especially Edmonton will shift to negative absorption, as the impact of the energy bust widens.
Canada’s major industrial real estate markets – Vancouver,
Toronto, and Montreal – entered a new era of growth in 2015 – in some markets breaking pre-recession absorption records – and are set to have another banner year, according to a special report released recently by Cushman & Wakefield.
The report, called A New Era in Industrial Real Estate points out that Canada’s industrial markets, including Calgary’s, were steadily gaining traction through 2014 and 2015 while many office markets were feeling the pain of the oil shock and choppy national and global economic conditions.
Last year, occupiers of industrial property across Canada absorbed 17.8 million square feet (msf) of space, making it one of the “hottest growth periods” in the sector’s history, says the report. The Greater Toronto area – the
COM_2716.indd 49 2016-06-29 5:01 PM
Niagara Peninsula
Commercial Real Estate & Business Opportunities
Please say you saw it in The Commercial Investor
50
Niagara Peninsula
Volume 16 Issue 06
Douglas McNaughtonA.P.A.(Can), I.C.I.A., R.P.A.Sales Representative
Andrew McGregorSales Representative
33 Maywood AvenueSt. Catharines | ON | L2R 1C5HEAD OFFICE:
Cell: 289.213.8886 Cell: 905.321.5202
[email protected] [email protected]
Large 2800 sq. ft. character home blt 1881 with original barn in the backyard. Modern updates such as steel roof, still having the charm of 10-12 ft. ceilings, original plaster moldings, wood work and principle rooms. Direct QEW access on arterial route with M1 zoning for huge list of commercial uses or just a large family home.
2716_DJW_0057
Must be sold Eastwood Manor sits abutting the shores of Lake Erie on a quiet street for the residents to enjoy the beach, summer activities. The home boasts 20 bedrooms, a staff nurse plus 24 hr on call service, fully trained PSWs with good tenure. A local owner could optimize the potential and performance of the retirement home.
2716_DJW_0027
$53,460 yr approx. income. 6 years old (6 beds up & 5 down). Two separate units 1 vacancy. All hard surface � ooring, large bright rooms, open concept, 2 laundry & 2 kitchens, 2 on demand hot water sys, separate hydro meters, 2 furnaces. Easy conversion to single family units, or live in one. Unique newer construction opportunity showing solid income.
LIVE WORK PLAY RETIREMENT HOME 11 BEDROOM DUPLEX
2716_DJW_0028
Under new local ownership. Units from 500 sq. ft. to 2500 sq. ft. for medical & professional office use with gross rent $18.00 PSF. Plenty of onsite free parking with handy front door drop off & pick up available. Building located close to Hospital & beside QEW on ramp Niagara Falls S.B. $1.00 psf 2716_DJW_0029
8650 sq. ft. with clean and � nished 2 story front office area. 4 drive-in delivery doors. Insulated shop. Gated entry. Truck & trailer parking or equipment storage along side of building and the rear.
2716_DJW_0030
VALLEY WAY OFFICE & MEDICAL INDUSTRIAL BUILDING
11301581_2716
Character house 2385 sq. ft. with commercial zoning, rear parking lot for 8 vehicles, 2nd � oor apt rented @ $875.00. Main � & basement used as an office for 20 plus years. Solid building with good roof, brick exterior, unspoiled wood trim, updated furnace, air cond., interconnect � re detection, 3 offices, reception, kitchen.
2716_DJW_0031
DOWNTOWN INVESTMENT
$468,000 $600,000 $469,000
$550,000 $389,000
* Sales Representative ** Broker *** Broker of Record
The Brick Realty Ltd. Brokerage
905-357-9700Toll free 1.855.357.9700
Sylvana Louras
Sales Representative
Great opportunity to be a part of one of the most desirable districts in Niagara. Zoned General Commercial and on 70' x 195' lot. 2200 sq. ft. that's currently divided into waiting, reception area and private offi ces. Previously used as a dental practice and has numerous water lines and lead lined walls. MLS 30521986
2716
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_001
4
Over 1 acre of prime Stamford Centre properties. 5 homes that are tenanted and vacant lot provides access from 2 streets. Zoned GC can accomodate residential commercial mix. MLS XN30051924.
2716
_DJW
_001
5
LAND ASSEMBLY 12 luxury condos in 5 year old condo building in Niagara Falls. 1, 2 & 3 bedroom suites included. Quality fi nishes including separately metered gas and hydro paid by tenants. Amenities include un-derground parking, concierge, indoor pool, party room and guest suites. Prices can be broken down. MLS 30526369
2716
_DJW
_001
7
COMMERCIAL FREE STANDING BUILDING EASY INVESTMENT
3936 PORTAGE MANSIONS
11309332_2716
11306014_2716
Colliers International Niagara Ltd.,Real Estate Brokerage82 Lake Street, Suite 200, St. Catharines, ON L2R 5X4www.collierscanada.com905-354-7413
Accelerating success.Global leadership in real estate solutions.
BROKERAGE
APPRAISALS
MANAGEMENT
Situated on Lakeshore Road in the north end of the City. Commercial & Industrial zoned property incl. 111,250 sq. ft. w/3 separate Shop Bays, frontage
access via Seaway Haulage Rd. Lot size 17.64 acres +/-, E2 zoning.
OFFERED AT $8,500,000 Contact Ralph Roselli, Sales Representative
2716
_DJW
_1_0
059
340A LAKESHORE RD.ST. CATHARINES
PRESTIGE INDUSTRIAL
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 $10,500,000
Contact Greg Chew, Sales [email protected]
2716
_DJW
_2_0
060
5700 STANLEY AVE.,NIAGARA FALLS
INVESTMENT OPPORTUNITY -NIAGARA MOTEL 6
60. 18 acres situated on the ridge of the Niagara Escarpment w/50 acres planted Baco Noir. Recently renovated 5 bedroom home w/woodstove, � replace,
hot tub, landscaped deck, in-ground pool, in-law suite (or Bed & Breakfast). 2Bdrms & Horse Paddock.
OFFERED AT $2,400,000Contact Greg Chew, Sales Representative
2716
_DJW
_002
6
2433 REGIONAL RD. 69,LINCOLN
VINEMOUNT RIDGE VINEYARD
Zoned C2-10 Community Commercial. Located on Lakeport Road off of Ontario Street at the entrance of historic Port Dalhousie. Situated directly on the water
across from the Royal Canadian Henley Regatta,3 parcels totalling 1.85 acres.
Contact Greg Chew, Sales [email protected]
2716
_DJW
_1_0
062
61 & 63 LAKEPORT RD.ST. CATHARINES
A UNIQUE OPPORTUNITY
143.9 acres, 18 hole Par 72 Championship golf course established in 1960, large clubhouse w/retail
pro shop, restaurant w/3 banquet rooms and a house at the entrance way. Fully licenced clubhouse serves 187 patrons inside/89 outside. Zoning: Open Space
(OS), Hazard Land (HL) and Agricultural (A).OFFERED AT $2,995,000
Contact: Mark Steven, Sales [email protected]
2716
_DJW
_1_0
063
4680 THOROLD TOWNLINE RD. NIAGARA FALLS
BEECHWOOD GOLF & COUNTRY CLUB
Former location for Discount Rental Agency,500 sq. ft. building with fenced compound,
parking 45 vehicles, great signage at property front. Lot size: 45.91 feet x 144 feet. Zoning GC - General Commercial
OFFERED AT: $320,000Contact Bryan Saelens, Sales Rep
2716
_DJW
_1_0
064
5762 STANLEY AVE.NIAGARA FALLS
FREE STANDING BUILDING
Commercial building & detached house may be sold separately. 53 Regent St: 1,628 sq. ft. beautifully re� nished home with basement and large side yard. 214-218 King St: 11,595 sq ft ground � oor commercial retail on King Street w/2 additional commercial units at rear. 2nd � oor consists of 2-2 bedroom residential apartment units.
OFFERED AT $349,000 to $499,000Contact Greg Chew, Sales Representative [email protected]
2716
_DJW
_1_0
065
53 REGENT ST., WELLAND
INCOME PROPERTY
2716
_DJW
_1_0
066
2 units combined 6700 sq. ft, 14' clear ceiling heights, onsite parking 20 vehicles. Fully fenced compound,
600 Vlt 3 phase T8 Lighting, 4 grade level doors. Zoning: M1-84-112/H-1 H17 (Med Density Mixed use).
OFFERED AT: $669,000Contact: Ralph Roselli, Sales Representative
2716
_DJW
_1_0
067
201 MERRITT ST.ST. CATHARINES
MIXED-USE INDUSTRIAL BUILDING
COM_2716.indd 50 2016-06-29 5:01 PM
Niag
ara
Peni
nsul
a
Commercial Real Estate & Business Opportunities
Please say you saw it in The Commercial Investor
51
Niag
ara
Peni
nsul
a
Volume 16 Issue 06
11306014_2716
Colliers International Niagara Ltd.,Real Estate Brokerage82 Lake Street, Suite 200, St. Catharines, ON L2R 5X4www.collierscanada.com905-354-7413
Accelerating success.Global leadership in real estate solutions.
BROKERAGE
APPRAISALS
MANAGEMENT
Situated on Lakeshore Road in the north end of the City. Commercial & Industrial zoned property incl. 111,250 sq. ft. w/3 separate Shop Bays, frontage
access via Seaway Haulage Rd. Lot size 17.64 acres +/-, E2 zoning.
OFFERED AT $8,500,000 Contact Ralph Roselli, Sales Representative
2716
_DJW
_1_0
059
340A LAKESHORE RD.ST. CATHARINES
PRESTIGE INDUSTRIAL
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 $10,500,000
Contact Greg Chew, Sales [email protected]
2716
_DJW
_2_0
060
5700 STANLEY AVE.,NIAGARA FALLS
INVESTMENT OPPORTUNITY -NIAGARA MOTEL 6
60. 18 acres situated on the ridge of the Niagara Escarpment w/50 acres planted Baco Noir. Recently renovated 5 bedroom home w/woodstove, � replace,
hot tub, landscaped deck, in-ground pool, in-law suite (or Bed & Breakfast). 2Bdrms & Horse Paddock.
OFFERED AT $2,400,000Contact Greg Chew, Sales Representative
2716
_DJW
_002
6
2433 REGIONAL RD. 69,LINCOLN
VINEMOUNT RIDGE VINEYARD
Zoned C2-10 Community Commercial. Located on Lakeport Road off of Ontario Street at the entrance of historic Port Dalhousie. Situated directly on the water
across from the Royal Canadian Henley Regatta,3 parcels totalling 1.85 acres.
Contact Greg Chew, Sales [email protected]
2716
_DJW
_1_0
062
61 & 63 LAKEPORT RD.ST. CATHARINES
A UNIQUE OPPORTUNITY
143.9 acres, 18 hole Par 72 Championship golf course established in 1960, large clubhouse w/retail
pro shop, restaurant w/3 banquet rooms and a house at the entrance way. Fully licenced clubhouse serves 187 patrons inside/89 outside. Zoning: Open Space
(OS), Hazard Land (HL) and Agricultural (A).OFFERED AT $2,995,000
Contact: Mark Steven, Sales [email protected]
2716
_DJW
_1_0
063
4680 THOROLD TOWNLINE RD. NIAGARA FALLS
BEECHWOOD GOLF & COUNTRY CLUB
Former location for Discount Rental Agency,500 sq. ft. building with fenced compound,
parking 45 vehicles, great signage at property front. Lot size: 45.91 feet x 144 feet. Zoning GC - General Commercial
OFFERED AT: $320,000Contact Bryan Saelens, Sales Rep
2716
_DJW
_1_0
064
5762 STANLEY AVE.NIAGARA FALLS
FREE STANDING BUILDING
Commercial building & detached house may be sold separately. 53 Regent St: 1,628 sq. ft. beautifully re� nished home with basement and large side yard. 214-218 King St: 11,595 sq ft ground � oor commercial retail on King Street w/2 additional commercial units at rear. 2nd � oor consists of 2-2 bedroom residential apartment units.
OFFERED AT $349,000 to $499,000Contact Greg Chew, Sales Representative [email protected]
2716
_DJW
_1_0
065
53 REGENT ST., WELLAND
INCOME PROPERTY
2716
_DJW
_1_0
066
2 units combined 6700 sq. ft, 14' clear ceiling heights, onsite parking 20 vehicles. Fully fenced compound,
600 Vlt 3 phase T8 Lighting, 4 grade level doors. Zoning: M1-84-112/H-1 H17 (Med Density Mixed use).
OFFERED AT: $669,000Contact: Ralph Roselli, Sales Representative
2716
_DJW
_1_0
067
201 MERRITT ST.ST. CATHARINES
MIXED-USE INDUSTRIAL BUILDING
COM_2716.indd 51 2016-06-29 5:01 PM
Niagara Peninsula
Commercial Real Estate & Business Opportunities
Please say you saw it in The Commercial Investor
52
Niagara Peninsula
Volume 16 Issue 06
1033
1793
_271
6
Tony TripodiBroker
INDUSTRIAL * COMMERCIAL * INVESTMENTGarden City Realty Inc., BrokerageIndependently Owned & Operated
905-641-1110cell: [email protected]
Well established restaurant and bar, located in an established business area in the city. Family operated with large seating and licensed area. Asking $159,000 or best offer, all inclusive. Owner retiring.
REDUCED
2316_DJW_0050
Restaurant and bar located on one of the main streets of the city and exposed to all incoming traffic. Breakfast, lunch and dining room areas, all LLBO licensed. Paved parking. Listed at $399,000. Take advantage of the tourism season coming up.
NIAGARA-ON-THE-LAKE
2316_DJW_0051
Niagara Falls - Owner retiring. Here is an excellent opportunity to make money. Own a long established business, covering the Niagara Peninsula. Fully equipped kitchen & two vans included. Owner will train the buyer. List of functions already booked. Call today.
CATERING BUSINESS
2316_DJW_0052
Close to new developing area of the city on Ontario Street. Main floor commercial, 2nd floor residential, plus full basement. Large parking lot. Run your business and live in or rent the apartment out. Listed at only $339,000.
COMMERCIAL BUILDING
2316_DJW_0053
905-935-6838
Greg HoweSales Representative
1127
7217
_271
6
22 of� ce Commercial building with over a 7% cap rate. Only $200,000 down payment. Great building with perfect tenants. 90% occupancy rate. Located in downtown St. Catharines area, a stones throw from the new arena and Theatre Arts Center. First time offered, for serious buyers only. Bottom line $1.1 Million.
11 BOND STREET, ST. CATHARINES,$1.1 MILLION
2716_DJW_0063
80 completely renovated rooms with restaurant and conference hall. Almost $1 million in annual gross revenue. LOCATED RIGHT IN THE HEART OF THE CLIFTON BUSINESS DISTRICT. Only 30% down payment to quali� ed buyer.
5915 CLARK ST; NIAGARA FALLSEMPRESS INN & SUITES $4.5 MILLION
2716_DJW_1_0018
20 units and up anywhere in the GTA, Oshawa, Niagara or London area.Also have 5 more Motels for sale priced up to $12.5 Million.
WANTED: APARTMENTS
905-358-9800 | 1-877-357-7346Niagara Region
EXCLUSIVE LISTING
COM_2716.indd 52 2016-06-29 5:01 PM
Niag
ara
Peni
nsul
a
Commercial Real Estate & Business Opportunities
Please say you saw it in The Commercial Investor
53
Niag
ara
Peni
nsul
a
Volume 16 Issue 06
8494906_2716
Brokers Protected
Sedimar Developments Ltd.
Prime New Construction Retail & Office Space
For LeaseVine and Carlton St. Catharines
1-888-984-8716
1716_DJW_8003
1130
7613
_271
6
COM_2716.indd 53 2016-06-29 5:01 PM
9649286_2716
BUSINESSINVESTORSThe perfect place to list all of your businesses opportunities
For advertisingcontact Doreen WillsTel: 1-800-268-0077 or [email protected]@ypnexthome.ca
BUSI
NESS
INV
ESTO
RS
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
NewSectionPages_FullColor2015.indd 15 2015-03-19 3:48 PMCOM_2716.indd 54 2016-06-29 5:01 PM
Busi
ness
Inve
stor
9649286_2716
Please say you saw it in The Commercial Investor
Busi
ness
Inve
stor
Commercial Real Estate & Business Opportunities 55Volume 16 Issue 06
BUSINESSINVESTORSThe perfect place to list all of your businesses opportunities
For advertisingcontact Doreen WillsTel: 1-800-268-0077 or [email protected]@ypnexthome.ca
BUSI
NESS
INV
ESTO
RS
Featuring the Best Selection in Industrial, Commercial and Investment Opportunities
NewSectionPages_FullColor2015.indd 15 2015-03-19 3:48 PMCOM_2716.indd 55 2016-06-29 5:01 PM
Business Investor
11289457_1716
We will continue this in the next issue of the Commercial Investor
Please say you saw it in The Commercial Investor
Business Investor
Commercial Real Estate & Business Opportunities56 Volume 16 Issue 06
COM_2716.indd 56 2016-06-29 5:01 PM
H A M I L T O N
HomeLifeProfessionals
Realty Inc.
Mazhar Roshan905.929.9800 Direct
[email protected] have qualified buyers for up to $5M in
commercial and investment buyers.Call for details.
905.929.9800 Sales Representative
647.609.9463 GTA Direct
905.574.6400 Office
BROKERAGE
8148
414_
2716
REDUCED
$179
,900
BURLINGTON FOR LEASE $20.00 PER SQUARE FOOT
3932 sq. ft. of retail space, used to be a bar. Walk-in cooler, freezer & kitchen set-up with hood. Available immediately for lease. TMI is $8 PSF. For viewing & equipment list call Mazhar.
2716_DJW_0005
FOR LEASE - $20.00 PER SQUARE FOOT
Very busy location close to QEW, Home Depot & all other commercial businesses. 1100 sq. ft. retail space available. Good for of� ce, storefront or any kind of business. TMI is roughly $8 PSF. Call LBO for viewing or more details. 2716_DJW_0006
HAMILTON FOR LEASE $6,500.00 PER MONTH
Location, location, location, Central Mountain. Long established, fully functional. Fully equipped 5 Bays hoist auto repair shop available for lease. Rent includes TMI, tenant to pay utilities. Minimum one year lease required. Turnkey operation. For viewing, list of equipment and more information pls contact Mazhar. 2716_DJW_0007
2716_DJW_1_0017
PLAZA FOR SALE
Fully leased plaza for sale. Net income $102,000. Anchor tenant Royal Bank, 30 minutes south of Hamilton. Cap rate 6%. Call Mazhar Roshan for more details. 2716_DJW_2_0085
BURLINGTON BUSINESS FOR SALE
Located on Mountainside in Burlington. Business operates six days a week. 2716_DJW_1_0023
2716_DJW_1_0019
VACANT LAND $3,500,000
On Hwy #7 just before Ottawa. 150 acres of vacant land. Over a km facing on year round open gravel road. Property is surrounded by Thompson Lake in the town of Arden. All kinds of uses permitted. Call for more details.
2716_DJW_1_0006
BURLINGTON - $74,900
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. 2716_DJW_1_0021
BUSINESS FOR SALE - $179,900
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. 2716_DJW_1_0061
HAMILTON $249,900
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. 2716_DJW_1_0013
FOR LEASE STONEY CREEK - $2,200,00 P/M
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.
2716_DJW_1_0011
2716_DJW_1_0041
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 - ALSO AVAILABLE FOR LEASE
REDUCED
$49,9
00
2716_DJW_2_0018
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.
EAST HAMILTON
11GCOM
COMM_GLOSS_2716.indd 11 2016-06-28 1:49 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
8471
255_
2716
[email protected] | www.sanjivpuri.ca
LAND PARCELS IN FORT ERIE
• Net income $610,695 - CAP rate 11.11%• 7 million ltr gas volume• 3.15 acres land - 4600 sq ft building• Gas station + Convenience store + Country style with drive thru• + 2 apartments + propane + seasonal take out restaurant• Environment friendly above ground tanks• New paving + canopy• Approved for $3.1M mortgage
SHELL GAS STATION ORANGEVILLE
$5,495,0002316_DJW_0040
SHELL GAS STATION
NEAR MULTIPLE BOARDER CROSSINGS TO USA
184 ACRES$7,990,000
Residential ZoningAccess from Niagara Parkway
Next to Golf Course900+ homes subdivision possible
43 ACRES$5,990,000
Highway Commercial - facing QEWSituated on Exit Ramp
Zoning permits Gas station, Truck stop, Hotel, Automotive Use, Retail, Supermarket ++++
38 ACRES$1,690,000
Industrial + Agricultural3200 sq. ft. House on Property
• 30,000 sq. ft.• Across from the Moira River• Re-development for Hotel /
Retirement Home / Apartments• Seller will hold 1st mortgage @
20% down
BELLEVILLE
$875,0002716_DJW_0059
MEDICAL BUILDING / RE-DEVELOPMENTPRESTIGE INDUSTRIALMULTI UNIT PLAZA
• New Construction• 9 units for sale• Rent GUARANTEE• NET INCOME $150,000• Principals Only
INDUSTRIAL COMMERCIAL PLAZA - 7.5% CAP - BRANTFORD
$1,999,000
2316_DJW_2_0075
INDUSTRIAL COMMERCIAL PLAZA - 7.5 CAP
DIXIE/DUNDAS AREA MISSISSAUGA
SELLER WILL HOLD BACK MORTGAGE
• 12 Units• 28,320 sq. ft. building• 1.78 acres land parcel• Fully leased with long term
tenants
• Many recent improvements• Net operating income
$192,500• Principals only
$3,399,000
SOLD
• 1.5 acres commercial land• 2000 sq. ft. building• 12 taxis• Permit for 21 taxis for
Cobourg / Port Hope• Seller will hold 1st mortgage
COBOURG
$925,0002716_DJW_0060
TAXI BUSINESS WITH PROPERTY
inthenews
New technologies are changing the way we live, work and play. At the same time, innovations
in material science, construction technology, building operating systems and finance are set to upend the staid commercial real estate market, delivering higher performance, lower cost and reconfigured solutions to the marketplace. Those industry professionals who ignore such advances will risk becoming irrelevant in the “smart” cities of the future.The process-technology revolution – the application of data analytics, hardware and software innovation and disruptive business models – may have the greatest effect of all on the real estate services industry. Investors and occupiers need to understand how to identify properties that will contribute the most value to the workplace as well as to the bottom line. That means having managers and advisors in place who not only understand the trends at work, but recognize their strategic significance in creating real estate portfolios that are relevant, forward-thinking and built to last.
These are some of the key trends noted in Avison Young’s Topical Report “Technological Disruption and the Real Estate
Industry: How Technology is Changing Our Business and Opening a World of Opportunity”, released recently.
“This topical report is intended to help institutional investors and their service providers gain a better grasp of the range and impact of these – and many more – forthcoming technology innovations,” comments Amy Erixon, Avison Young principal and managing director, Investments, who authored the report. “We examine four critical areas: software and hardware innovation, construction and materials engineering, process technology, and smart cities infrastructure and policies. The report provides examples to illustrate how change and disruption will manifest, and discusses how the convergence of various technological applications can result in profound progress and significant investment opportunities.”
The report notes the computational abilities currently being embedded in buildings and how infrastructure can be augmented with wireless sensors to provide automated monitoring, analysis and control of virtually any metric with or without human intervention. The report concludes that technological disruption and transformation will, or certainly should, alter investment portfolio criteria – and those criteria must be clearly, deeply and strategically understood by decision-makers.
“Buildings and cities of the future will be smarter, Greener and more dynamic,” adds Erixon, who is based in Toronto.
“Implications for the existing building stock are vast. Companies and industries looking to lead will leverage technological change to come out on top.”
Avison Young is one of the world’s fastest-growing commercial real estate services firm. avisonyoung.com
TECH ADVANCES A DISRUPTIVE FORCE ON THE TRADITIONAL COMMERCIAL
REAL ESTATE INDUSTRY
12GCOM
COMM_GLOSS_2716.indd 12 2016-06-28 1:50 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
8471
255_
2716
[email protected] | www.sanjivpuri.ca
LAND PARCELS IN FORT ERIE
• Net income $610,695 - CAP rate 11.11%• 7 million ltr gas volume• 3.15 acres land - 4600 sq ft building• Gas station + Convenience store + Country style with drive thru• + 2 apartments + propane + seasonal take out restaurant• Environment friendly above ground tanks• New paving + canopy• Approved for $3.1M mortgage
SHELL GAS STATION ORANGEVILLE
$5,495,0002316_DJW_0040
SHELL GAS STATION
NEAR MULTIPLE BOARDER CROSSINGS TO USA
184 ACRES$7,990,000
Residential ZoningAccess from Niagara Parkway
Next to Golf Course900+ homes subdivision possible
43 ACRES$5,990,000
Highway Commercial - facing QEWSituated on Exit Ramp
Zoning permits Gas station, Truck stop, Hotel, Automotive Use, Retail, Supermarket ++++
38 ACRES$1,690,000
Industrial + Agricultural3200 sq. ft. House on Property
• 30,000 sq. ft.• Across from the Moira River• Re-development for Hotel /
Retirement Home / Apartments• Seller will hold 1st mortgage @
20% down
BELLEVILLE
$875,0002716_DJW_0059
MEDICAL BUILDING / RE-DEVELOPMENTPRESTIGE INDUSTRIALMULTI UNIT PLAZA
• New Construction• 9 units for sale• Rent GUARANTEE• NET INCOME $150,000• Principals Only
INDUSTRIAL COMMERCIAL PLAZA - 7.5% CAP - BRANTFORD
$1,999,000
2316_DJW_2_0075
INDUSTRIAL COMMERCIAL PLAZA - 7.5 CAP
DIXIE/DUNDAS AREA MISSISSAUGA
SELLER WILL HOLD BACK MORTGAGE
• 12 Units• 28,320 sq. ft. building• 1.78 acres land parcel• Fully leased with long term
tenants
• Many recent improvements• Net operating income
$192,500• Principals only
$3,399,000
SOLD
• 1.5 acres commercial land• 2000 sq. ft. building• 12 taxis• Permit for 21 taxis for
Cobourg / Port Hope• Seller will hold 1st mortgage
COBOURG
$925,0002716_DJW_0060
TAXI BUSINESS WITH PROPERTY
inthenews
New technologies are changing the way we live, work and play. At the same time, innovations
in material science, construction technology, building operating systems and finance are set to upend the staid commercial real estate market, delivering higher performance, lower cost and reconfigured solutions to the marketplace. Those industry professionals who ignore such advances will risk becoming irrelevant in the “smart” cities of the future.The process-technology revolution – the application of data analytics, hardware and software innovation and disruptive business models – may have the greatest effect of all on the real estate services industry. Investors and occupiers need to understand how to identify properties that will contribute the most value to the workplace as well as to the bottom line. That means having managers and advisors in place who not only understand the trends at work, but recognize their strategic significance in creating real estate portfolios that are relevant, forward-thinking and built to last.
These are some of the key trends noted in Avison Young’s Topical Report “Technological Disruption and the Real Estate
Industry: How Technology is Changing Our Business and Opening a World of Opportunity”, released recently.
“This topical report is intended to help institutional investors and their service providers gain a better grasp of the range and impact of these – and many more – forthcoming technology innovations,” comments Amy Erixon, Avison Young principal and managing director, Investments, who authored the report. “We examine four critical areas: software and hardware innovation, construction and materials engineering, process technology, and smart cities infrastructure and policies. The report provides examples to illustrate how change and disruption will manifest, and discusses how the convergence of various technological applications can result in profound progress and significant investment opportunities.”
The report notes the computational abilities currently being embedded in buildings and how infrastructure can be augmented with wireless sensors to provide automated monitoring, analysis and control of virtually any metric with or without human intervention. The report concludes that technological disruption and transformation will, or certainly should, alter investment portfolio criteria – and those criteria must be clearly, deeply and strategically understood by decision-makers.
“Buildings and cities of the future will be smarter, Greener and more dynamic,” adds Erixon, who is based in Toronto.
“Implications for the existing building stock are vast. Companies and industries looking to lead will leverage technological change to come out on top.”
Avison Young is one of the world’s fastest-growing commercial real estate services firm. avisonyoung.com
TECH ADVANCES A DISRUPTIVE FORCE ON THE TRADITIONAL COMMERCIAL
REAL ESTATE INDUSTRY
13GCOM
COMM_GLOSS_2716.indd 13 2016-06-28 1:50 PM
legallyspeaking
Are ASSETS or SHARES your best bet?
Jayson Schwarz LL.M is a Toronto real estate lawyer and partner in the law firm Schwarz Law LLP.
When you are about to either buy or sell a business, you need
to think about whether you are going to buy the shares of the company in which you have the interest, or buy its assets pursuant to the Bulk Sales Act.The assets usually include the physical plant and equipment of the company, as well as its name, goodwill, receivables, etc.
This decision on which way to go will impact the tax positions of both sides and dictate the legal form which the transaction will take. A share sale is usually preferable from the vendor’s perspective, while asset purchases are normally more attractive to buyers. These opposing preferences are created by two primary issues; legal liability and tax consequences.
Legal liability is the main issue to be canvassed by prospective purchasers. Purchasers must be aware that when acquiring the shares of a corporation, they are buying an entire company along with its full slate of assets and liabilities. This
“warts and all” approach means that the corporation’s complete past history is also included in the bargain. If, for example, there is anything in the corporation’s past that could trigger a lawsuit – be it tax, product, environmental or employee liability – the purchaser may have bought this headache along with the business.
These risks can be minimized, however, by engaging a lawyer to perform what is known as “due diligence.” Due diligence involves procedures such as checking for registered claims or potential liabilities and confirming compliance with the relevant taxing authorities. An agreement which addresses any possible future issues and which specifies how they will be handled would then be prepared by the lawyer.
Be advised, however, that a contract
is only as good as its contracting parties. If one of the parties defaults on its responsibilities the only practical recourse available to the other is to sue; a generally costly and unwelcome undertaking.
The second issue to consider in deciding what form the commercial transaction will take is the tax consequence to each of the parties. When individuals sell shares of a Canadian controlled private corporation, any gain on the sale is deemed a capital gain for income tax purposes and, hence, is only fifty (50) per cent taxable. Moreover, all individual taxpayers are allowed a tax-exempt lifetime maximum of $750,000 on this form of taxable gain. Thus, it is clear to see how vendors would prefer the share sale approach, particularly if they qualify for any or all of this $750,000 lifetime exemption.
Conversely, if the transaction is structured as an asset sale, there will be two levels of taxation that attach to the vendor:
(i) firstly, when the corporation sells its assets; and,
(ii) secondly, when the corporation distributes the proceeds to its shareholders.
Prior to the shareholder distribution, there is also typically some amount of ordinary income taxable in the hands of the corporation. Specifically, where equipment has been depreciated on the books of the vendor to an amount less than that is allocated to it on the sale, there will be a recapture of capital cost allowance on that depreciable property. There may also be profit realized on the sale of the inventory. As such, asset sales tend to result in more taxes and less net proceeds going to the vendor.
Buying shares means that the purchaser will be stuck with the depreciated cost in the company’s books of the depreciated asset irrespective of the value paid for the shares. If, however, the transaction proceeds by way of asset purchase, such deductions would be based on the purchase price allocated to the asset.
Generally purchasers prefer asset purchases and vendors prefer selling shares. The balance is reached through negotiation and careful drafting. So be careful and find the right lawyer to help you navigate through these dangerous waters.
It should be noted that this article only touches on but a few of the issues inherent in the asset versus share sale discussion. For a thorough understanding on the intricacies of either form of transaction, we recommend you seek the professional advice of a lawyer and accountant to ensure that the transaction you seek is structured to maximize your interests.
Perhaps the most difficult part of writing these articles relates not to the actual writing, but thinking of a topic to address. Please send letters to the magazine or to us. Use the website (schwarzlaw.ca), email ([email protected]), or phone us at 1-888-609-8888 and give us your questions, concerns, critiques and quandaries. We will try to deal with them in print or electronic form.
By Jayson Schwarz and Konstantine Chaztidimos
14GCOM
COMM_GLOSS_2716.indd 14 2016-06-28 1:50 PM
YOU BE THE BOSS....Almost 2 acres, corner property zoned commercial, includes approximately 3000 sq. ft. build-ing on 2 floors, less than 10 yrs old. High end finishes, walk-in cooler, walk-in freezer, 3 phase wiring, stainless steel working areas, poured concrete floor, government approved (food grade) sep-tic. Was a butcher shop and bistro, well known and successful. Busy intersec-tion of #7 and #12 Wellington Roads, on route to cottage country in the Bruce Peninsula. Beautiful modern apartment for owner, manager or just extra income. Quality construction and pride of own-ership is abundantly obvious. Lots of possibility, clean, newer, flexible design, fenced poured concrete patio....BRING YOUR IDEAS....Asking $529,900. Call Don Rankin or Norm Merz.
2716_DJW_0012
Don Rankin Norm Merz
905-575-5478
Broker SalesRepresentative
8468
583_
2716
4 BAY SELF SERVE CAR WASH. LOW MAINTENANCE BUILDING.
4515_DJW_0080
Independently Owned and Operated
For more information please call:
Office: 519-273-2822
or visit our website at
www.ontariofarmsales.ca
a-b Realty Ltd., Brokerage, Stratford ON John Jantzi
SALES REPRESENTATIVECell: 519.571.3894
Kevin WilliamsBROKER
Cell: 519.572.2293
4515_DJW_0081
11230070_2716
6 BAY, SELF SERVE CAR WASH.
GREAT LOCATION AND MAINTENANCE FREE BUILDING. OTHER SITES AVAILABLE.
legallyspeaking
Are ASSETS or SHARES your best bet?
Jayson Schwarz LL.M is a Toronto real estate lawyer and partner in the law firm Schwarz Law LLP.
When you are about to either buy or sell a business, you need
to think about whether you are going to buy the shares of the company in which you have the interest, or buy its assets pursuant to the Bulk Sales Act.The assets usually include the physical plant and equipment of the company, as well as its name, goodwill, receivables, etc.
This decision on which way to go will impact the tax positions of both sides and dictate the legal form which the transaction will take. A share sale is usually preferable from the vendor’s perspective, while asset purchases are normally more attractive to buyers. These opposing preferences are created by two primary issues; legal liability and tax consequences.
Legal liability is the main issue to be canvassed by prospective purchasers. Purchasers must be aware that when acquiring the shares of a corporation, they are buying an entire company along with its full slate of assets and liabilities. This
“warts and all” approach means that the corporation’s complete past history is also included in the bargain. If, for example, there is anything in the corporation’s past that could trigger a lawsuit – be it tax, product, environmental or employee liability – the purchaser may have bought this headache along with the business.
These risks can be minimized, however, by engaging a lawyer to perform what is known as “due diligence.” Due diligence involves procedures such as checking for registered claims or potential liabilities and confirming compliance with the relevant taxing authorities. An agreement which addresses any possible future issues and which specifies how they will be handled would then be prepared by the lawyer.
Be advised, however, that a contract
is only as good as its contracting parties. If one of the parties defaults on its responsibilities the only practical recourse available to the other is to sue; a generally costly and unwelcome undertaking.
The second issue to consider in deciding what form the commercial transaction will take is the tax consequence to each of the parties. When individuals sell shares of a Canadian controlled private corporation, any gain on the sale is deemed a capital gain for income tax purposes and, hence, is only fifty (50) per cent taxable. Moreover, all individual taxpayers are allowed a tax-exempt lifetime maximum of $750,000 on this form of taxable gain. Thus, it is clear to see how vendors would prefer the share sale approach, particularly if they qualify for any or all of this $750,000 lifetime exemption.
Conversely, if the transaction is structured as an asset sale, there will be two levels of taxation that attach to the vendor:
(i) firstly, when the corporation sells its assets; and,
(ii) secondly, when the corporation distributes the proceeds to its shareholders.
Prior to the shareholder distribution, there is also typically some amount of ordinary income taxable in the hands of the corporation. Specifically, where equipment has been depreciated on the books of the vendor to an amount less than that is allocated to it on the sale, there will be a recapture of capital cost allowance on that depreciable property. There may also be profit realized on the sale of the inventory. As such, asset sales tend to result in more taxes and less net proceeds going to the vendor.
Buying shares means that the purchaser will be stuck with the depreciated cost in the company’s books of the depreciated asset irrespective of the value paid for the shares. If, however, the transaction proceeds by way of asset purchase, such deductions would be based on the purchase price allocated to the asset.
Generally purchasers prefer asset purchases and vendors prefer selling shares. The balance is reached through negotiation and careful drafting. So be careful and find the right lawyer to help you navigate through these dangerous waters.
It should be noted that this article only touches on but a few of the issues inherent in the asset versus share sale discussion. For a thorough understanding on the intricacies of either form of transaction, we recommend you seek the professional advice of a lawyer and accountant to ensure that the transaction you seek is structured to maximize your interests.
Perhaps the most difficult part of writing these articles relates not to the actual writing, but thinking of a topic to address. Please send letters to the magazine or to us. Use the website (schwarzlaw.ca), email ([email protected]), or phone us at 1-888-609-8888 and give us your questions, concerns, critiques and quandaries. We will try to deal with them in print or electronic form.
By Jayson Schwarz and Konstantine Chaztidimos
15GCOM
COMM_GLOSS_2716.indd 15 2016-06-28 1:50 PM
CAMPGROUNDS FOR SALE
Woodstock: 871 Dundas St. | 519.539.5646
Dave BrattSales [email protected]
1130
9500
_271
6
• 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
inthenews
EXEMPTING ONLINE US RETAILERS FROM CANADIAN TAXES AND DUTIES
WOULD HURT, NOT HELP LOCAL SMES
Raising the de minimis threshold – the maximum price an imported product can be worth before being subject to
sales taxes or duties – would hurt Canadian small retailers and put them at a strong competitive disadvantage, according to the Canadian Federation of Independent Business (CFIB).The C.D. Howe Institute released a report supporting an increase in the threshold to $80, $100, or $200.
“I had a good laugh reading the claim that Canadian small- and medium-sized firms would be the big winners by
raising the de minimis threshold for American online retail sales. This would mean a Canadian firm would have to pay duties and charge as much as 15 per cent sales taxes while US online retailers would be exempt,” said Dan Kelly, CFIB president. “How is creating a competitive disadvantage for Canadian businesses in the national interest?”
“We’re all for leveling the playing field – but let’s make sure it’s truly level. Small firms are strong supporters of free, but fair, trade, but if we’re going to raise the de minimis threshold, let’s exempt sales taxes and duties for Canadian retail sales on all items $200 or less,” added Kelly.
CFIB is Canada’s largest association of small- and medium-sized businesses with 109,000 members across every sector and region.
16GCOM
COMM_GLOSS_2716.indd 16 2016-06-28 1:50 PM
“WE PRODUCE RESULTS”
LAND DEVELOPMENT / INVESTMENT /BUY & HOLD FUTURE
1130
1409
_271
6
905-333-3500
Paul J. Szostak BROKER / C.- C.R.E.C. / A.S.A. / A.B.R.
Free CMA Evaluation with this cut out ad
BUILDING LOT OPPORTUNITIES
– Sherbrooke $38,888 - 1.609 acres -- MLS# H3170098
– Sherbrooke $18,888 - 1.936 acres -- MLS# H3170143
– Dunnville $58,888 - 1.09 acres -- MLS# H3169647
– Dunnville $65,777 - 1.22 acres corner lot -- MLS# H3169751
"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
LAND FOR SALE $158,888
Cayuga builders delight. Double lots zoned residential.MLS #H3169625
BUILDERS DELIGHT $65,777
Residential rural building lots with all necessary amenities.Minutes to waterfront and beaches of Port Maitland. MLS #H3169648
2316_DJW_1_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
2316_DJW_0047
Approximately 5,600 square feet high den-sity corner location. Double driveway. Located in heart of business area in Ancaster/Hamilton across from Smart Centre and future development site.
1019 WILSON ST ANCASTER
$2,995,000 2316_DJW_0048
"Buy and Hold Investment Op-portunity" Fantastic agricultural property consisting of 31.15 acres with two out buildings that can be used for multiple storage. Property has a possible severable lot, with possibility for commercial zoning as well. Home is being sold "AS IS".
415 #6 HWY S HAGERSVILLE
$488,888
2316_DJW_0049
Family business for sale. Owner retiring after over 40 yrs, between 2 restaurants and 7 yrs. at this location with pride of ownership. Absolutely clean and spotless restaurant known for pizza, wings, pasta salads & subs and more! Top of the line kitchen chattels and equipment with clean overall condition with combina-tion of versatility using: pasta machine, deli prep counter, pizza oven with 4 rotisseries with space for eight. Bread oven, deep fryer, skillet, gas range, walk in cooler and much more! Well priced to sell and retire the owner. Owner willing to stay on for 30-60 days as new owner meets transition of new business.
1267 GARRISON RD FORT ERIE
$128,888
8302
229_
2716
inthenews
EXEMPTING ONLINE US RETAILERS FROM CANADIAN TAXES AND DUTIES
WOULD HURT, NOT HELP LOCAL SMES
Raising the de minimis threshold – the maximum price an imported product can be worth before being subject to
sales taxes or duties – would hurt Canadian small retailers and put them at a strong competitive disadvantage, according to the Canadian Federation of Independent Business (CFIB).The C.D. Howe Institute released a report supporting an increase in the threshold to $80, $100, or $200.
“I had a good laugh reading the claim that Canadian small- and medium-sized firms would be the big winners by
raising the de minimis threshold for American online retail sales. This would mean a Canadian firm would have to pay duties and charge as much as 15 per cent sales taxes while US online retailers would be exempt,” said Dan Kelly, CFIB president. “How is creating a competitive disadvantage for Canadian businesses in the national interest?”
“We’re all for leveling the playing field – but let’s make sure it’s truly level. Small firms are strong supporters of free, but fair, trade, but if we’re going to raise the de minimis threshold, let’s exempt sales taxes and duties for Canadian retail sales on all items $200 or less,” added Kelly.
CFIB is Canada’s largest association of small- and medium-sized businesses with 109,000 members across every sector and region.
17GCOM
COMM_GLOSS_2716.indd 17 2016-06-28 1:50 PM
Bill BradleySales Representative
Independently Owned & OperatedUnit 2, 1240 Speers Rd., Oakville ON
416.258.6866
COMMERCIAL, REAL ESTATE & BUSINESS OPPORTUNITIES 10
2286
47_2
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
SOLD
www.PBcommercialteam.com
COMMERCIAL
NO Commercial TeamIn Canada! *Commercial In Canada! *Commercial In Canada! *
**
**
+
+** Sales Person Broker
5071 Highway 7 E., Markham ON L3R 1N3
www.PBcommercialteam.com | [email protected]
*Based on Re/Max International Commercial Commissions in 2014 1St Q.
1127
6415
_271
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
Well over $1 million in well-appointed leasehold improvements! This prime GTA location is the opportunity of a lifetime to own and operate your own restaurant! Featuring a warm and friendly atmosphere where you can provide a memorable dining experience for your customers. $388,000. Call Peter 416-606-7882
RESTAURANT FOR SALE IN MAJOR PLAZA WITH AMPLE PARKING!
0916_DJW_3_0071
Location! Location! Bloor/Yorkville location! Available lease space on Yonge Street with exposure! Free-standing corner building! Of-fering the whole second floor of 3,891 sq. ft. of office space! Bright and spacious, large windows overlooking Yonge. Numerous offic-es, board rooms, kitchenette & washrooms +++ $29.50 sq. ft. gross. Call George for more details. 416-554-7653.
PRIME YORKVILLE LEASE OPPORTUNITY!
2716_DJW_1_0003
0916_DJW_3_0071
First class medical centre at Main/Danforth Subway. Office space available for private practice or physician clinic environment, turnkey, 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
2716_DJW_1_0118
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
2716_DJW_1_0091
0916_DJW_3_0071
Excellent 1187 sq. ft. of retail/office space located at prime Lawrence & Warden location! Stunning newly modernized plaza in superb high traffic location! Spacious unit with great Lawrence exposure. Flexible terms, flexible rent, parking front and rear. $14.95/sq. ft. net. Call Matt: 647-500-7708.
LAWRENCE AVE - RETAIL/OFFICE SPACE
2716_DJW_2_0004
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
2716_DJW_1_0060
0916_DJW_3_0071
Presenting Aspen Ridge's "Scenic on Eglinton" luxurious 1+1 bdr, with 9 ft. ceilings, huge master, granite countertops, large den, over-sized balcony+++ Nestled on the future Eglin-ton LRT line and backing on park with long-term tenant willing to stay at $1400/mo. $368,800. Call Matt:647-500-7708
INVESTMENT OPPORTUNITY!
2716_DJW_0019
18GCOM
COMM_GLOSS_2716.indd 18 2016-06-28 1:50 PM
Bill BradleySales Representative
Independently Owned & OperatedUnit 2, 1240 Speers Rd., Oakville ON
416.258.6866
COMMERCIAL, REAL ESTATE & BUSINESS OPPORTUNITIES
1022
8647
_271
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
SOLD
www.PBcommercialteam.com
COMMERCIAL
NO Commercial TeamIn Canada! *Commercial In Canada! *Commercial In Canada! *
**
**
+
+** Sales Person Broker
5071 Highway 7 E., Markham ON L3R 1N3
www.PBcommercialteam.com | [email protected]
*Based on Re/Max International Commercial Commissions in 2014 1St Q.
1127
6415
_271
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
Well over $1 million in well-appointed leasehold improvements! This prime GTA location is the opportunity of a lifetime to own and operate your own restaurant! Featuring a warm and friendly atmosphere where you can provide a memorable dining experience for your customers. $388,000. Call Peter 416-606-7882
RESTAURANT FOR SALE IN MAJOR PLAZA WITH AMPLE PARKING!
0916_DJW_3_0071
Location! Location! Bloor/Yorkville location! Available lease space on Yonge Street with exposure! Free-standing corner building! Of-fering the whole second floor of 3,891 sq. ft. of office space! Bright and spacious, large windows overlooking Yonge. Numerous offic-es, board rooms, kitchenette & washrooms +++ $29.50 sq. ft. gross. Call George for more details. 416-554-7653.
PRIME YORKVILLE LEASE OPPORTUNITY!
2716_DJW_1_0003
0916_DJW_3_0071
First class medical centre at Main/Danforth Subway. Office space available for private practice or physician clinic environment, turnkey, 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
2716_DJW_1_0118
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
2716_DJW_1_0091
0916_DJW_3_0071
Excellent 1187 sq. ft. of retail/office space located at prime Lawrence & Warden location! Stunning newly modernized plaza in superb high traffic location! Spacious unit with great Lawrence exposure. Flexible terms, flexible rent, parking front and rear. $14.95/sq. ft. net. Call Matt: 647-500-7708.
LAWRENCE AVE - RETAIL/OFFICE SPACE
2716_DJW_2_0004
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
2716_DJW_1_0060
0916_DJW_3_0071
Presenting Aspen Ridge's "Scenic on Eglinton" luxurious 1+1 bdr, with 9 ft. ceilings, huge master, granite countertops, large den, over-sized balcony+++ Nestled on the future Eglin-ton LRT line and backing on park with long-term tenant willing to stay at $1400/mo. $368,800. Call Matt:647-500-7708
INVESTMENT OPPORTUNITY!
2716_DJW_0019
19GCOM
COMM_GLOSS_2716.indd 19 2016-06-28 1:50 PM
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COMM_GLOSS_2716.indd 20 2016-06-28 1:50 PM