Western Investor November 2012 Section B

•

To view

ph

oto

s on th

ese and

oth

er op

po

rtun

ities visit ou

r web

site ww

w.syb

errealty.com

:e

ciff

O 2

50

-862

-810

0

Fa

x: 2

50

-98

4-0

803

MO

TE

L, H

OT

EL

& B

US

INE

SS

CO

NS

ULT

AN

TS

• M

EM

BE

R o

f the

Ca

na

dia

n I.C

. & I C

ou

nc

il

201-1

44

9 S

t . Pa

ul S

t., Ke

low

na

, B.C

. V1Y

2E

5

Syd

Be

risoff

A

ge

nt/B

roke

rsyd

@syb

errealty.com

La

rry Be

risoff

Asso

cia

te Bro

ker

larry@syb

errealty.com

Jo

dy L

. Mille

r

jod

y@syb

errealty.com

Personal R

eal Estate C

orporation

LIQUOR STORES

Enderby – Liquor Store, Pub, Rooms

New paint, outside updates.

$ 1,100,000

Southern Alberta – Liquor Store, SecondFloor Apartm

ent $ 869,000

North Okanagan – Liquor Store, 20 Rooms,

Pub & Restaurant

$ 2,475,000

Quesnel – Liquor Store & Pub

PENDING

PENTICTON MOTELS

23 Units. 8 with Kitchenettes.

.54 Acres. Outdoor pool. Excellent Location.

$ 1,300,00025 Units. 12 w

ith Kitchenettes..47 Acres. 2 Storey Concrete Block.

$ 1,150,00042 Units. 16 w

ith Kitchenettes.1.19 Acres. High Traffi c Location.

$ 2,200,000

GROCERY – CONVENIENCE STORES Riondel BC – Grocery, Bakery, Liquor Very Nice Lakeside Com

munity. $ 499,000

NOW $ 479,000

Armstrong – Grocery , Takeout food etc.

Excellent Bldg – Easy to Operate. $ 529,000M

erritt – Great Home, Grocery Takeout Food

Busy Area – Homes &

School. $ 849,000 Vernon – Residence, Deli, Grocery, Extra Lot Near Hospital. 3 BR Hom

e, Busy! $ 1,228,000

CAMPGROUND, RV PARK &

CHALET BUSINESS• Located in Revelstoke. Est. approx 1980.• 30.5 Acres. 170 sites. 6 Chalets. 8 Cabins.• 3 Bedroom

Residence. (Approx 1570 sq. ft.)• Offi ce/ Store, Laundry Facilities, Pool etc.

SOUTHERN BC MOTEL

• 12 Units + Store + 2 Bedroom Living

Quarters. Lots of Updates.• Also the local Greyhound Depot.• Great M

oney Maker &

Popular.

CASTLEGAR GLASS SHOP• Sam

e Ow

ner for 25 Years.• Nice Business w

ith a Proven Track Record.• W

indows, Glass, M

irrors, Doors etc.• Also an ICBC W

indshield Facility.

NEW HAZELTON (NORTHW

EST BC)• 20 Units. 5 have Kitchenettes.• Located betw

een Smithers &

Terrace.• Fam

ily Sized 3 Bedroom Living Area.

• Price includes 5 Undeveloped Lots.

LIQUOR STORE AND PUB• On Highw

ay 97 in Hixon.• Price Includes Separate Building Leased

to Canada Post. 10 Acres with Gravel.

• Ideal Owner Operator – Seller m

ay carry.

CARIBOO MOTEL

• 26 Units with 13 Kitchen / Kitchenettes.

• Very Solid Year round Income.

• 3 Bedroom 2 Bathroom

Living Area.• Excellent Location, close to Tim

Hortons etc.

TRANS CANADA MOTEL

• 21 Units with 4 Kitchenettes.

• Nice 3-4 Bedroom ow

ner’s suite.• Only 4 hours from

Vancouver• Leased restaurant. W

ell Maintained.

SASKATCHEWAN COM

MERCIAL COM

PLEX• Fully Tenanted/ Leased property• Current CAP 5.7%

. Will be 7.6%

in 2013.• Federal Tenant. High Visibility Location.• Easy Access w

ith Ample on-site Parking.

$ 1,098,000

$ 2,880,000

$ 1,180,000

CENTRAL BC RAMADA

• 46 Units. 8 with kitchenettes.

• Manager Suite- Bedroom

s, 2 Bathrooms.

• Indoor Pool & Hot-tub. M

eeting Room.

• Lobby with large Breakfast Area.

$ 1,995,000$ 525,000

$ 499,000$ 129,000

$ 495,000

$ 995,000

$4.29 november 2012 vol. 27/issue 11INTERIOR B.C. • ALBERTA • SASKATCHEWAN • MANITOBA SECTION

COMMERCIAL REAL ESTATE, FRANCHISES AND BUSINESS OPPORTUNITIES

0 6 0 3 5 8 1 8 2 9 1 9

1 1

Publications Mail agreeMent 40069240

15 BEYOND T-REX Drumheller is becoming known for more than bones

3 WHAT’S INSIDE7 AJAX MINE BATTLE11 B.C. REPORT

19 ALBERTA REPORT26 WINNING IN WINKLER27 FRANCHISE NEWS

SWEET SPOTSASKATCHEWANJason Fleury, president of Trimount: first residential development in years cashing in on Estevan’s resource-fuelled boom 23

B2 Interior British Columbia www.westerninvestor.com NOVEMBER 2012 WESTERN INVESTOR

MONEY MAKING $ECRETS REVEALED!

Wealthy benefactor reveals secrets of making over $10,000 per month. All eligible. Eliminate debts. Become financially free.

ONCE IN A lIfETIME OppORTuNITY. for a fREE CD, please call

1-250-304-4099

OKANAGAN GOLF COURSEMature, profitable 18 hole course;

50+ acres with clubhouse, restaurant & lounge.Surplus development land

List Price: $6,900,000M. McAnerney* / J. HudSon*

955 TimmiNS ST, PENTiCTON108,000 sq ft warehouse w/existing stor-

age business income. Centrally located amid multiple redevelopment opportunities. Adjacent

Canadian Tire, oK College & Kings ParkList Price: $5,950,000

MiKe GeddeS*

FULLy LEASEd iNdUSTRiAL STRATA UNiT

new 5 year lease in place.CAP rate 6.5%. 8 year old building.

List Price: $1,013,000CHAd BiAfore / M. McAnerney*

dOG & CAT KENNELNORTh OKANAGAN

Well established kennel, grooming centre & training facility with agility yard on 7.26 acres w/ hwy frontage. Potential for horse boarding & additonal out buildings. newer 3 bd/ 2 bath

residence (1,500 sf).

List Price: $900,000JAMeS BroWn

Colliers InternationalCentre GroupCommercial RealtyKelowna, B.C.250.763.2300 www.colliers.com/kelowna

Colliers InternationalCentre Group Real Estate ServicesKamloops, B.C.250.372.7000

NEW LISTING

*Personal Real Estate Corp.

FOOd ANChOREd RETAiL PLAZA

KELOWNAAnchored by:

Cooper’s foods, Shoppers drug Mart, Td Bank & rBC

GLA 84,500 square feetexclusive Listing

List Price: $21,000,000

J. HudSon* / M. MCAnerney*

AVALON hOTEL

Located in osoyoos. 24 units and19 mobile home pads.List Price: $2,549,000

eriC WeBer*

VALEmOUNT, B.C.: very profitable,

60 unit motel plus pub(potential for liquor store)

yOUTh hOSTEL: Well located in the

okanagan and very wellestablished.

eriC WeBer *

TREV MANZUIK 250-833-8771OFFICE: 250-832-7051

TF: 1-888-676-2435RE/MAX Shuswap Realty

Salmon Arm, BC

SHUSWAP LAKE

305 - ShuSwap ChaSe Creek rd ChaSe BCFantastic valley & river views! Overlooking the South Thompson River, this executive home 13 acres allows for country living & ultimate privacy, yet it’s just minutes from Chase and 45 minutes from Kamloops. This south facing, level entry 4-bedroom, 3-bathroom home has a large open kitchen, dining & living room, all boasting panoramic views. Huge master suite with gas fireplace, deck, luxurious 6 piece ensuite bathroom & walk-in closet. Bright walk-out basement with 2 large bedrooms, spacious family room, full bathroom, & plenty of s t o r a g e . K A D R E A 109508 $679,000

See all my Listings on okanaganshuswap.com

2110 huBand road, Sorrento BC MLS 10049301 NEW PRICE!! $629,000

Calling all Horse & mixed animal Lovers.72 acre parcel of farmland approx 20 Acres cleared. Property boosts a well Maintained Home & numerous outbuildings including but not limited to 24X70 Heated Workshop Barn Horse Sheds. Property is fenced and X Fenced. Property has lots of water and is set up with 1 1/2” fire hydrant hoses and equipment for fighting fires. property is a Must See.

KAMLOOPS, BC & AREA• Future Mobile Home Park - Clearwater, BC – 15

ac + 2.7 ac, Hwy Comm. Reduced to $224,900

• Investors – Great Potential – 5 unit mini mall + ¾ bsmt partly finished w/ bachelor suite, & extra lot to expand. All on hwy frontage in Barriere, BC. Reduced to $349,900

• U-BREW Business – Great little bus, owner retiring. Only U-Brew in the area – Chase, BC. Excellent community to work & live in. Business has won many awards. Incl: busi-ness, equipment, leasehold, improvements. $119,900

• Kamloops city center building for sale – Approx. 2133 sq.ft. on the main floor plus full basement. $550,000

• 14 unit motel – Clearwater, BC – 8 attached units + 6 separate cabins, plus office with owners’ suite. On 3.26 acres along river channel. Buildings are in great condition. Monthly rentals plus daily summer rentals. $549,900

• Trucking – Cartage Business: Over 40 years in business. Price includes 7 trucks, forklift, storage containers, office, 2.07 acres & business. $480,000

• Large Commercial Building: Approx 8246 sq. ft. on 91’ x 125’ lot zoned CIT (Commercial-Residential). Leased out at $3800 per mo. triple net. $699,000

• Lakeview Shuswap Lk. Eagle Bay – 1 acre lot – hook-up for water, power at road Reduced to $115,900

ATTEnTIon BUILdInG ConTRACToRS – ongoing develop-ment w/premium residential lots – some approved w/suites, some w/views. Kamloops, BC Starting at $135,000

Call MARVIN [email protected] REALTY LTD.

www.realestatekamloops.ca

DEVELOPMENTAL LAND AND

GOLF COURSE FOR SALE

• 162 Acres• 9-Hole Golf

Course• Club House• Residence• Trades

Considered

BEST-WEST REALTY LTD.250.554.4511

Dwight Vos250.371.7992Tracy Mackenzie250.318.2938

PRICE REDUCEDIN THE BEAUTIFUL BC INTERIOR

S H U S W A P Business with Building

GREAT opportunity to own your own

business.

This 3-storey building contains two/three bedroom suites, upper, lighting showroom on main with warehouse in basement. $749,000

Rob McKibbon 1-866-463-2791

14 apartment condominiums to be built to complete the 38-unit Valley Vista on a two-acre sloping property. Excellent view of Shuswap Lake from one side, forest on the other. One-bedroom, 600 sq. ft., two four-plexes and a six-plex. Some suites are level entry. Can be rented. Quiet pets welcome. Modulars built by SRI Homes in Kelowna. Foundations are ready and waiting for the two four-plexes. All services and driveways are in.

SALMON ARM, B.C.Reduced to $359,000

SALLy SCALeS [email protected]

250-833-2129

BUSINESS AND INVESTMENT OPPORTUNITIES

• 130 Acres Industrial Property – Hwy & Rail Access $995,000

• Commercial Lot Cache Creek – 306 ft. Hwy frontage $179,000

• Well known franchise – home cleaning business. $90,000

• Kamloops – 6100 sf bldg. Large yard $995,000

• Kamloops – 2 Tenants – 8.5% Cap $450,000

• Cache Creek – Hwy Frontage – Secure Yard $369,000

COMMERCIAL BUILDINGS

DwIGhT VOSphone: (250) 554-4511

toll free: 1-866-456-0577 Best-West Realty ltd. kamlOOPs

email: [email protected]

Investor Alert

Short distance to Interior Health proposed multi function high rise tower, rentable home; land bank opportunity; approximately 50’ x 169’ MLS® 10055118

Contact MARK JONTZ 250.717.6330 or 250.860.1100 1.800.421.3214

KELOWNA

Investor Alert

LOCATIONS WEST

at LivingInPenticton.com

fraser elliott [email protected]

RE/MAX Progroup Realty

Two tenants (Fields, IDA Pharmacy).

Net Income: $54,000 p.a. +/-Asking: $745,000 (7.25% Cap)

FOR SALE: 8,800 Sq.Ft. buiLding in cEntRE OF Lumby


HIGH EXPOSURE, CENTRAL LOCATION & GORGEOUS BUILDING

Turn-key retail spaces available with 1,500 - 3,000 square feet. These units already

have a retail showrooms, warehouse spaces, rear overhead doors and 2-piece

washrooms.Asking: $19.00 psf plus CAM MLS®

0.63 ACRES COMMERCIAL DEVELOP-MENT LAND - WEST KELOWNA, B.C.May be possible to purchase 1.26 acres. This bare land development piece can

accommodate numerous commercial retail and professional uses. There are already

multiple neighbouring national tenants.Asking: $529,900 + HST MLS®

DOWNTOWN KELOWNA MAIN FLOOR LOCATION - GREAT FACADE

This availble unit is approx. 2,024 SF with completely new improvements throughout. Multiple offices, boardroom and washrooms in this great design. The building also has

new plumbing, electrical and HVAC! Asking: $19.00 psf plus CAM MLS®

INDUSTRIAL LOCATION ON BUSYROSS ROAD IN WEST KELOWNA

Approx. 4,600 square feet in a multiple tenant industrial building available for lease.

This unit also comes with approx. 1/2 an acre of bare land suitable for

outdoor storage.Asking: $9.00 psf plus CAM MLS®

HIGHLY ESTABLISHED YOGA STUDIO BUSINESS AVAILABLE

Turn-key opportunity with this operating business. Price includes all equipment.

Higher end leasehold improvements, expanding client base, downtown location

and much more!Asking: $273,000 plus HST MLS®

APPROXIMATELY 115.68 ACRESLAND ASSEMBLY IN NORTH GLEN-

MORE/UNIVERSITY DISTRICT

Minutes from Kelowna’s International Airport. One side abuts golf course in Quail

Ridge. Gravel Pit is a permitted use!

70.80 Acres - Lot D $4,766,800 15.63 Acres - Lot 1 $1,161,000 11.62 Acres - Lot 9 $ 849,000 9.10 Acres - Lot 10 $ 682,500 8.98 Acres - Lot 8 $ 673,500

This assembly comprises 5 lots that can be purchased individually or as a complete

package.

Asking: $8,132,800.00 MLS®

CENTRAL LOCATION - INDUSTRIAL UNIT WITH HIGHWAY EXPOSURE

Approx. 1,429 square feet with an overhead door at the front of the unit. Upgrades

include a front reception area, office and a 2-piece washroom. Zoned I2 - General In-dustrial which allows over 30 primary uses.

Asking: $17.50 psf plus CAM MLS®

FORMER CIBC LOCATION WITH LAND & BUILDING AVAILABLE

This highway location has two levels with approx. 6,337 square feet. The site is

approx. .31 acres with 13 parking stalls.

Asking: $1,595,000.00 plus HST MLS®

KELOWNA DEVELOPMENT SITEWITH C2 ZONING POTENTIAL

Approx. 1.13 acre corner development site. Existing plans call for approx. 13,244

square feet of rentable space. This opportunity is in an area with next to no

professional office space.Asking: $1,600,000.00 plus HST Exclusive

INVESTOR ALERT - AAA NATIONAL TENANT IN PLACE

Industrial strata unit with approx. 1,282 square feet and new improvements in

place. Priced below assessed value and a AAA Tenant with a lease in place for over 4

more years!Asking: $189,900.00 MLS®

May be possible to purchase 1.26 acres. This bare land development piece can

accommodate numerous commercial retail and professional uses. There are already

multiple neighbouring national tenants.Asking: $529,900 + HST MLS®

completely new improvements throughout. Multiple offices, boardroom and washrooms in this great design. The building also has

new plumbing, electrical and HVAC! Asking: $19.00 psf plus CAM MLS®

tenant industrial building available for lease.

Airport. One side abuts golf course in Quail

70.80 Acres - Lot D 15.63 Acres - Lot 1 11.62 Acres - Lot 9 9.10 Acres - Lot 10 8.98 Acres - Lot 8

McLAUGHLIN COMMERCIAL GROUPCOMMERCIAL REAL ESTATE PORTFOLIOS

RE/MAX Kelowna - #100 - 1553 Harvey Avenue, Kelowna, BC, V1Y 6G1www.CommercialBC.com

KRIS McLAUGHLINKEN McLAUGHLIN250.870.7845

[email protected]@commercialbc.com

SOLDLEASED SOLD

6 0 4 - 6 6 9 - 8 5 0 0 o r 1 - 8 0 0 - 6 6 1 - 6 9 8 8 f a x : 6 0 4 - 6 6 9 - 2 1 5 4 i n f o @ we s t e r n i n ve s t o r. c o m w w w. w e s t e r n i n v e s t o r . c o m 1 0 2 E a s t 4 t h A v e n u e , Va n c o u v e r , B . C . V 5 T 1 G 2

interior b.c. • alberta • saskatchewan • manitoba section contents november 2012

FEATURES23 ON THE COVER Innovation in Estevan Developers move in while city targets carbon storage

7 Ajax Mine battle appears settled Kamloops jobs may lose out to entrenched opposition

15 Drumheller more than dinosaurs Public spending rising as centennial birthday looms

26 Winkler looks to Ireland to fill 200 jobs Recruiters can’t find enough skilled workers here

COLUMNS11 WhAt’s hAppEnIng In brItIsh coluMbIA19 WhAt’s hAppEnIng In AlbErtA 27 frAnchIsE nEWs

On the coverJason Fleury, president of Trimount Estevan Developments, poses with his near-sold-out new condominium complexPhoto: Jordan Baker/Estevan Mercury

2–11 iNTERiOR/NORTHERN b.C. 12–22 ALbERTA 23–26 sAskATCHEwAN & mANiTObA 27 FRANCHisEs

MorE opportunItIEs …• LOwER mAiNLANd, b.C. • VANCOuVER isLANd

… sEE sECTiON A

ADvErtIsIng DIrEctoryLIFESTYLE PROPERTIESs P E C i A L s E C T i O N • A 1 4

B4 Interior British Columbia www.westerninvestor.com NOVEMBER 2012 WESTERN INVESTORWESTERN INVESTOR NOVEMBER 2012 www.westerninvestor.com Interior British Columbia B5

Mona M. Murray Dip. ULE, RI (BC), CPM250-372-2277 [email protected]

www.mcmrealestate.ca

376 Tranquille Road - Kamloops Brand new building - North Shore Health Science Centre

ATTENTION DOCTORS! Landlord has built a high quality clinic with attention to space planning and effi ciency. Approx. 3.3 kmaway from hospital. Under-ground secure parkingfor doctors and MOA’s. Ready to move in December 2012. Pharmacy located next door. Prime main fl oor – approx. 3400 sq ft and 2nd fl oor approx. 6600 sqft suited for medical professional, medical therapy, retail, training facility and upscale café. Landlord willing to offer attractive incentives. Call for details.

FOR LEASE!

OK ANAGAN – B.C . INTERIOR I N V E S T M E N T O P P O R T U N I T I E S

VADIM KOBASEWC O M M E R C I A L R E A L E S TAT E S P E C I A L I S T

250-492-2233 / 1-800-567-6770RE/MAX FRONT STREET REALTY, PENTICTON, B.C.

CHRISTINA LAKE CAMPGROUNDMOTIVATED SELLER

• 75 Sites with Full & Partial Services• 4.91 Acre Nicely Treed Property• Close to large public beach• Easy access off Highway 3• Full facilities including pool• Operates May 1 to September 15• Perfect for semi retired couple• First time on market in over 20 years

Asking Price $599,000

INDUSTRIAL BUILDING - PENTICTON - FOR SALE OR LEASE• .89 Acre site• 16,000 +/- Sq. Ft Concrete Building• 824 Sq. Ft. Offi ce Area• 3 - 16 Ft. High Overhead Doors• 2 Enclosed Loading Docks• Fully Fenced Yard

Asking Price $1,599,000

DEVELOPMENT SITEGRAND FORKS

• 2.0 Acre Level Site

• Zoned for single familyor duplex lots

• Civil engineering done for 9 lot single family subdivision

Price $299,000

MOBILE HOME PARK - NORTH OKANAGAN• 65 Sites • Situated On 22.88 Acres • Community Water

• Full Occupancy Last 20 Years • Close to all Amenities • Same Owner 30+ Years• OCP Allows Future Redevelopment Potential • Shows 6.0% Return

Asking Price $3,500,000SOLD

SOLD

SOLD

• 2.71 Acres• Room for Expansion• High Exposure Location• 262 Units plus 81 Storage Containers• Manager's Residence• B.C. Top 10 U-Haul location• Gross $495,000 +/- • Excellent Net Income• Seller may carry fi rst mortgage

VERNON SELF STORAGE BUSINESS OPPORTUNITYYOUR CHOICE OF TWO PURCHASE OPTIONS

Option 1 Business Only Lease Land 9.5% Rate of Return Price $1,899,000

Option 2 Business plus Land & Buildings 7.7% Rate of Return Price $4,199,000

Great mobile home park potential In Midway, B.C., minutes from the US border.

This property is located on the Kettle River

with over a kilometer of riverfront in a beautiful

east to west running valley. 45+/- acres comes

with a modern 6,000 square foot office building.

Make offer

Contact Quintin @ 406-375-4280

or email [email protected]

1-800-317-1118 or 1-250-549-7050www.okanaganhomes.com

Fax: [email protected]

5603 27 St., Vernon, BC V1T 8Z5

Priscilla & co.Re/Max Vernon

vernon & areaTraDeS ConSIDereD on SeLeCT ProPerTIeS

GarDen CenTer/nUrSerY/HorSe SeT-UP In heart of Coldstream Valley! Turn key operation! Steady Growth! Equipment, automated Green house, vehicles, updated home w/suite & office. 20 level prime, productive, irrigated acres. Buildings and paddocks for your horses! $1,249,000 MLS®

oKanaGan ranCH-DeveLoPMenT PoTenTIaL 681 acre Ranch (or potential development) 20 minutes from Kelowna International Airport & City of Vernon. Adjacent to world class Predator Ridge Golf Course and Sparkling Hills International Resort. Rolling, open and treed land w/some stunning Kalamalka Lake views. 180 acres out of ALR. $6,495,000 MLS®

DoWnToWn CoMMerCIaL BUILDInG Prime downtown location by Court house, new law offices, new library! 6630 sq.ft on one level. Easily demised interior. Secure under ground parking. Easy access. $1,695,000 MLS®ServICe CoMMerCIaL Level .9 acre and 10,900.sq.ft. building-currently in 4 units. Easily adapted. Fenced compound. Highway and side street access and exposure. PRIME, fast growing location by Mall and new office complex. $1,290,000 MLS®

GeneraL InDUSTrIaL 2.98 level acres at junction of Highway 97 and 97A. High Visibility! Easy frontage road access. Rail access. Ideal for Manufacturing. $849,000 MLS®

HIGHWaY ToUrIST CoMMerCIaL High Highway visibility. Easy frontage road access. .45 acre and 2 storey 5446 sqft. concrete building. Owner’s suite above. Busy neighbourhood of car/boat/RV dealerships and bulk service stations. $489,000 MLS®

C4 ProPerTY Ideal for gift shop, retail, professional services! High visibility on main street. Easy access from side street. On site paved parking. Renovated home w/walk-in cooler $399,900 MLS®CoLDSTreaM orCHarD One of Valley’s finest! 18 nearly level acres in full production. Newest apple varieties Fully deer fenced. Automated irrigation. Deluxe shops and storage facilities. 4 bedroom home w/nanny suite, pool, hot tub set in manicured grounds. Creek. Walk to schools and beach. $2,680,000 MLS®

OKANAGAN LAKESHORE ! KALAMALKA AND OKANAGAN LAKES – HOMES, LOTS, STRATA AND VACATION HOMES! TIME TO BUY IS NOW! ASK FOR YOUR CUSTOMIZED EMAIL PACKAGE!

B4 Interior British Columbia www.westerninvestor.com NOVEMBER 2012 WESTERN INVESTORWESTERN INVESTOR NOVEMBER 2012 www.westerninvestor.com Interior British Columbia B5

COMMERCIAL DIVISION250-763-43431-888-535-6962

Horizon Realty

www.bccommerciallands.com

ALLYN BENTZ [email protected]

INVESTMENT SEMI-LAKESHORE! Many options for this Highway 97 property in Oyama. Full side by side duplex with separate commercial rental on a fl at .77 acre property. All fully leased, duplex can be stratifi ed and lower level can be suited. Proximity to beach and boat launch opens up vacation rentals or other business possibilities. MLS# 10047268

KELOWNA• Turn key business - profi table reconditioned major appliance sales and service on high

traffi c artery - Exclusive• Light industrial lease -1600 sq ft offi ce and warehouse - Commercial Dr MLS#10047710• Commercial lease - 2750 sq ft - retail with warehouse - Springfi eld Rd MLS#10047635• 2nd fl oor offi ce space - 158 sq ft or 258 sq ft - Springfi eld Rd

GARY BOWKER [email protected]

$XXXX

FOR SALE

FOR LEASE

INVESTMENT / BUSINESS / LEASE

GARY BOWKER [email protected]

Lower Mission - Desirable Tutt Street Square. Smaller space ideal for lunch & dinner, priced to sell, great lease. $59,900. MLS® 10055469

Great Opportunity To lease space. Formerrestaurant site. Great traffi c on Main Street in the heart of West Kelowna downtown area. Currently vacant, easy to show. Some equipment available. $1750/month MLS® 10051927

Restaurant Space Owner retiring and priced to sell. Excellent exposure in heart of West Kelowna. Buy equipment and leaseholds, great lease. $45,000 MLS® 10054129Business Opportunity Small structural engineer-ing fi rm, with strong client base throughout the province. Great income & ability to expand. $500,000 MLS® 10051379

Growing Business Opportunity Unique Land-scaping & construction business with increasing sales & profi ts. $359,000 MLS® 10048823

BILL RAINE [email protected]

LOCATION! LOCATION! LOCATION!

BUSINESS AND LEASING OPPORTUNITIES

• Prime Lakeview Acreage• 5.0 acre development site• Close to new HWY 97 interchange• Endless opportunities... hotel, casino,

apartments

Offered at $4,000,000MLS® 10053563

Contact

Bill Raine Kathryn Newell250-870-6210 250-869-6120

Subcity Donair New and existing locations availablethroughout BC. Join the hottest new franchise concept. Full Training provided, low start-up fees Exclusive Prominent Lease Space Prime Hwy 97 N location. Very busy mall in heart of Lake Country. $13.00 per sq. ft. MLS® 10053004

42 Unit Apartment Building, Penticton21 - 2 bedrm, 15 - 1 bedrm & 6 bachelors.Recent upgrades stable cash fl ow with upside for revenue growth.

MLS® 10049223

Penticton Apartment Building with 42 units, 27 - 2 bdrm,9 - 1 bdrm, 6 bachelors, plus 2 offi ces, major reno’s in 2007-2008,

good cash fl ow, RM3 zoning, MLS® 10055527

42 Unit Apartment Building, Penticton Penticton Apartment Building

LAND OPPORTUNITIES

MULTIFAMILY

• 5225 Highway 97 N, Kelowna3 acres with 469’ of frontage,non– ALR land near KelownaInternational Airport and UBCOMLS® 10009764

• 1740 KLO Road, Kelowna9.2 acre vacant parcel centrallylocated in the Mission area ofKelowna with over 700 feet ofroad frontage on upgraded 4 laneroad currently in the ALR andfarmed MLS® 10042769

• 4607 Princeton Ave.,Peachland2.09 acre lake view site. Great acreage estate site or hold and develop with medium density residential. MLS® 10053205

• 5944, 5948, 5968, Hwy 97 S,Peachland 3.07 acres of prime highway development land acrossfrom Okanagan Lake, close to downtown Peachland and across from boat launch.MLS® 10014647

• 6708 Fenner Street, Summerland56 acres of south facing slopeoffering panoramic OkanaganLake and valley views, Perfectfor a private estate with potential vineyard areas. Exclusive Listing

• 7974 Silverstar Road, Vernon40 acres with approval for subdivision into 7 estate lots with panoramic lake, city, and valley views MLS® 10044953

• Appleway Blvd, West Kelowna7 lot residential subdivision (R2 -duplex zoning) in West Kelowna with lake views near Mission HillWinery MLS® 10042571

TIM DOWN [email protected]

Peachland Restaurant Fully updated, equipped restau-rant with bonus one bedroom suite at rear of building. Outdoor patio seats 20, indoor dining room seats 40. $3750/month MLS® 10053001

260 Okanagan Road, Penticton BC• 33,000 sq ft, freestanding building• Offi ce and warehouse areas• Corner lot with excellent exposure• Easy access to Hwy 97 S• 14 on site parking stall• M1 zoning, Industrial/Commercial

$3,150,000 Exclusive

101-151 Commercial Dr., Kelowna BC• Two storey strata unit• Over 6,300 sq ft• C - 10 Commercial mixed• On site parking• Consists mainly of offi ce space,

with a service/parts and loading area

$979,000 MLS® 10054669

3D & 3E - 150 Campion St., Kelowna BC

Warehouse/Shop space, 3,100 sq ft to 7,580 sq ftLarge grade level O/H doors and overhead craneSmall side yard area, 400 amp, 3 phase power

Low triple net costs, I-2 zoning

$6.00 per sq ftMLS® 10050236, 10055400, 10055364


With connection in more than 85 counties worldwide put the Power of the RE/MAX brand to work for your commercial, industrial, agricultural, investment or international real estate needs.

Each office is independently owned and operated.commercial.remax-western.caGet the Power.

Get the Power. To view commercial properties or find a RE/MAX Commercial practitioner near you, visit

commercial.remax-western.caEach office is independently owned and operated.

(250) 231-5222 (CELL)

(250) 368-5508 (FAX)www.cbcworldwide.com

LIGHT INDUSTRIAL BLDG4 LARGE LOADING DOORS.

OFFICES & MEZZANINE.$425,000

ARLINGTON PUB & RESTAURANTEHIGH VOLUME.

THE PLACE TO "EAT IN TOWN" $1,590,000

1ST TRAIL REAL ESTATE LTD.

LEASED BUILDINGS AND STORAGE UNITS. NICELY

LOCATED. EXCELLENT SHAPE. 100% FULL. GREAT SELECTION

OF TENANTS.$1,290,000

QUALITY INN 48 ROOMSRESTAURANT NICELY

LOCATED AT THE CROSSROADS OF THE

KOOTENAYS. GOOD VOLUME. $2,190,000

COLDWELL BANKER COMMERCIAL WORLDWIDE17,000+ SQ FT 13 ELECTRICAL

SERVICES, MULTIPLE PURPOSE BUILDINGFORMER INCUBATOR

$699,000

HIGHWAY COMMERCIAL $369,000THREE STORE FRONTS LARGE SALES LOT

AUTO REPAIRBUSINESS ONLY

VERY WELL EQUIPPED VENDOR READY TO RETIRE

$159,000

DEV. PROPERTY $539,000600 FT OF HWY FRONTAGE FOR AUTO

DEALER & BODY SHOP, ETC.

3 FIRST CLASS SUITES $1,100,000MANY UPGRADES. 40,000 SQ.FT. ZONED C10.

View virtual tour & full listing brochure at www.bennetto.ca Call Larry Bennetto RE/MAX Vernon 1-250-308-6025 / Toll-free: 1-800-667-2040

350 ACRES FOR SALECITY OF VERNON, BC

Official Community Plan designated “Hillside Residential Reserve”

OPTION 1: Purchase the entire 350 acres listed at $17,500,000

Potential 160 acres buildable with less than 30% slope @ 3 lots per acre = 480 lots

Potential market value $300,000 per lot; potential sales = $144,000,000

OPTION 2: the property is in 5 separate titles. Purchase one or more of the 5 titles.

FOR SALERANCHER’S PARADISE

VERNON, BC

Historic 170 acre BX Ranch. Fronting on City of Vernon. Adjacent to executive homes, acreages & horse stables. Level – irrigated

hay fields. Services at property line. $3,200,000

Attention Agents:REACH QUALIFIED BUYERS FOR YOUR

LISTINGS☞call Gary Takahashi

toll-free: 1-800-661-6988 direct: 604-608-5111fax: (604) 669-2154 email: [email protected]

☞

North Okanagan AreaNorth Okanagan Area

Chris Santoscell: 250.306.2527

[email protected] free: 1.800.667.2040

7 Established TenantsOver 1 acre land with room to expand

10,684 sq ft building Fully leased

$834,900

Over 7% Cap Rate!Offi ce and Retail Space fully leased12 parking spots (rear of building)

$799,000

DOWNTOWN VERNON

Vernon

INDUSTRIAL CENTRE

250-423-1520ABE MARTENS RE/MAX ELK VALLEY

403-807-3086LORALEE THOMAS RE/MAX ELK VALLEY

FULL SERVICE 22 ROOM HOTEL with bar, restaurant, liquor store,

conference room, banquet room and plenty of extra land for future development.

MLS# K4100143

$2,935,000Elkford Motor Inn

[email protected]

KAMLOOPS

Visit www.garyirelandrealty.ca FOR ViEWiNG

GARY IRELANDPERSONAL REAL ESTATE CORP.

[email protected]

RE/MAX Real Estate Kamloops

ESTATE HOME w/10 ACRES! CUSTOM Built (4630 sq ft)!

Lge Machine SHOP w/Power! 10 Acres (2 Titles) South Slope!U/Irrigation EXCELLENT Water!

180º MOunTAinS/RivER viEwS! MLS® 111415 Asking $1,495,000

nEwEST winE REGiOn OF BC !

B6 Interior British Columbia www.westerninvestor.com NOVEMBER 2012 WESTERN INVESTORWESTERN INVESTOR NOVEMBER 2012 www.westerninvestor.com B7

The Thompson Rivers University (TRU) Clocktower auditorium must have felt like a hostile envi-

ronment for anyone in support of the pro-posed job-generating KGHM Ajax Mine during a recent open forum hosted by the faculty association’s human-rights com-mittee.

Indeed, the lone person to speak favour-ably of the gold-and-copper project, TRU economics professor Shahriar Hasan, half-jokingly said he regretted it after hearing the packed room’s fierce opposition.

Derek Cook, forum organizer and TRU professor of philosophy and politics, began by introducing those speakers who contacted him in advance for a moment on the floor.

Among them were Stop Ajax and its affiliate Kamloops Area Preservation Association, environmentalist Bronwyn Scott, a TRU biologist, the Raging Granniesand a “rabble-rouser” from the Kamloops Voters Society.

No one from Ajax showed up, which Cook previously suggested may be unwise.

“If either failed to show, people might think that that side had something to hide,” he said.

As it was, the crowd did a lot of cheering.It cheered for Kamloops Coun. Donovan

Cavers and his well-established opposition to the proposal by multi-national corporation KGHM based on environmental impact and proximity to residential neighbourhoods,

such as Aberdeen.“I’m going to start calling it the Aberdeen

mining project to bring that perspective to the wider community,” he said.

Hasan followed the crowd-pleaser by explaining that he agreed to speak only two days prior and only at the behest of his col-league Cook.

“Now I’m debating whether I should talk at all,” he chuckled along with the audience.

Hasan said he lives in Aberdeen and has a young daughter going to Aberdeen Elementary, so “if what you guys are saying is true,” he has concerns.

But he said he would make his case based solely on financial considerations.

He began by providing a gloomy economic analysis of the future of Kamloops, saying Statistics Canada research ranked it the low-est population growth in the province for 11

FEATURE KGHM faces “hostile” reception from locals to its job-generating Kamloops mine proposal

sylviE pAillARd

WESTERN INVESTOR

years.At this rate, he said, the younger demograph-

ic will soon dissipate to unhealthy levels.Another strike against Kamloops is its

reliance on government-funded jobs, with Interior Health as the city’s largest employ-er followed by the Kamloops-Thompson School District. The third-largest employer is TRU, which is significantly publicly fund-ed.

KGHM’s estimates of 750 jobs during mine construction and 490 jobs during opera-tion are not enough to provide the lone solu-tion, he said, but it should help stave off the worst of the financial blow.

He also explained an economic theorem whereby a negative impact on one’s sur-roundings can be settled through financial compensation.

“If what you say is true, the impact on our

Mining smackdown

Interior British Columbia

Rendering shows proposed Ajax Mine at Kamloops: about 500 jobs are at stake but there is strong local opposition saying it is too close to residential neighbourhoods.

air quality, our water quality and so on, if it’s true, they would be invading our ‘space,’” he said.

But there’s a hitch.“Whether it’s my space or their space is not

clearly defined, that’s the problem.”And that’s up to government to determine,

he said.He summed up by saying that when there’s

gold in someone’s backyard, often it’s not a case of whether it’s mined but when.

Although respectful toward the jittery pro-fessor, members of the audience didn’t hide their disdain for the project.

They cheered to one man’s suggestions that there is no amount of money to compensate for the mine’s anticipated damage.

They cheered to a real estate developer’s suggestion the Ajax solution to local eco-nomic issues is a short-term gain when con-sidering the loss of land to the future of his industry.

Cavers added that 60 per cent of the city’s future development is slotted for the affected area.

They cheered when another audience mem-ber wondered if KGHM’s job estimates will be outsourced to people outside Kamloops.

In short, the audience’s rejection of the plan dominated the forum.

Cavers said he believes a citizen satisfac-tion telephone survey underway will show Ajax as uppermost in people’s minds. But he balked at the notion of holding a referendum, saying it wouldn’t be binding.

“And people are of two minds about that,” he said. “KGHM has a lot of money and could potentially win it if they throw enough money at it.”u

Sylvie Paillard is a reporter with the Kamloops Daily News.

Photo: KGHM

Radium HOT SPRINGS

Motel

• Established 22 Unit Motel on Busy Highway

• Close to Radium Hot Pools, Golf Courses

• 3 Bedroom, Large Owner Residence• Outdoor Pool and Hot Tub• Solid Financial History• Popular Destination Motel

$995,000Wende Brash

250-342-1300 CellBroker/Owner RE/MAX Invermere 250-342-6505 Offi ce

Subs

crib

e1

-80

0-6

61

-69

88

ww

w.w

este

rnin

vest

or.

com

B8 Northern British Columbia www.westerninvestor.com NOVEMBER 2012 WESTERN INVESTOR

RE/MAX Centre City Realty

Each offi ce is independently owned and operated

GEORGE Weinand 250-960-9556

KEN Goss 250-565-7653

— Your PRINCE GEORGE Commercial Professionals —

www.pgcommercial.ca

THINK REAL ESTATE...The Best Investment on Earth

1399 – 6th Ave. FOR LEASE – 2nd and 3rd fl oor OFFICE space on corner of 6th Ave. & Brunswick Street. Quality property. Net-lease.

Domano Blvd.FOR LEASE – Prime College Heights RETAIL/OFFICE space. Visually desirable location. Net-Lease.

1150 – 3rd Ave.FOR SALE – Fully renovated downtown RETAIL/OFFICE building. 3,000 sq ft per fl oor, plus full basement.

1550 – 1st Ave.ONE OF A KIND OPPORTUNITY. 3 concrete block warehouse on 3 Acres. 44,080 sq ft total space. Well maintained with 11 loading doors, 13 O/H doors, 3 phase power & highway access.

1575 – 2nd Ave.FOR LEASE – 6,600 sq ft main-fl oor downtown OFFICE space with parking. Signifi cant leaseholds. Favourable lease rate. Low OP Costs. Net-lease.

1880 Hart HwyFOR LEASE – 1880 Hart Hwy.Build to suit. Prime C-6 (service/retail) land on Highway 97 North. Net-Lease.

2222 Balsam Ave. – Quesnel, B.C.FOR SALE - Highly visible fi rst class 12, 177 sq ft main building. Also has warehouse, two mini-storage warehouses & caretakers mobile home. Highway access.

508 George St.FOR SALE – 8,200 sq ft OFFICE/RETAIL building on 9,900 sq ft lot. Corner site across from the 'Ramada Hotel' and the proposed 'Wood Innovations Centre'.

3990 – 22nd Ave.FOR SALE or LEASE - 4,356 sq ft building on 0.437 Acres in the prime Light-Industrial Park.

8574 – Highway 16 West431 Acres of development property located within City of Prince George boundaries. The property includes 31 existing residential lots, 369 Acres zoned residential and 67 Acres zoned Commercial. Located along Hartman Rd. & Highway 16 West.

1001 Great St.FOR LEASE – Highly visible Hwy 97 Sth property. 9,000 sq ft building on 2.6 Acres. Fenced compound. Prime quality location. Net-lease.

#205 – 1396-5th Ave.FOR LEASE – 580 sq ft of professionally designed second-fl oor, top quality OFFICE space. Gross rate lease.Newly Renovated.

978 & 996 Central St.FOR SALE – located on corner of 10th and Central. Must be sold together. Value is the land. Currently zoned RS-2, the City says can be re-zoned to C-4.

1437 N. Fraser Dr. – Quesnel, B.C. - REDUCEDFOR SALE – Court Ordered Sale 38.5 Acres property. 604 sq ft stand alone offi ce. Main 3,498 sq ft concrete block 4 bay truck shop w/ 1,628 sq ft addition attached. 2,160 sq ft storage bldg w/ a 648 sq ft wood frame storage shelter. Sand/gravel business historically operated from this site, however no licensing permits have been confi rmed.

Norma Tower 250-788-5388 (Cell) 250-788-1120 (Offi ce) RE/MAX Action Chetwynd Realty

4740 48a St Great duplex for sale. 3 bedrms per side. Excellent investment / rental property. Updated to 100 amps. Large 1 acre lot. Low maintenance. Below assessed value. MLS® 138175 $219,000

5028 – 49th Ave Downtown commercial building. Well maintained building. 2000 sq. ft. is Ideal for offi ce or retail. Currently rented with excellent return. MLS®136988 $189,000

5032 – 50th Ave Successful fl ower and gift shop. Great opportunity. 2100 sq. ft. of space. Financial statements available to qualifi ed buyers MLS®135762 $159,000

Properties For Sale in Chetwynd BC

Well established, located in pristine park (with permit), 14 guest fl oating lodge. Contact: 250-600-4645 or [email protected]

FLY - IN SALTWATER FISHING RESORTDUNDAS ISLAND, BC

$1.75 Million.

www.haa-nee-naalodge4sale-com.webs.com

PRINCE GEORGE1 Lot: Zoned Duplex 60x 120. Old house removed & enviro done. Loc:1751 6th Ave. 190,000

1 Lot: 93x 120 w/ older house & shop. Rented. Can be re-zoned multiple.Loc: 1694 7th Ave - approx 2 blks from Hospital, new cancer clinic, & downtown. $250,000

FORT NELSON2 Lots approx 6.5 acres ea. Zoned agri. & home bus. 175,000 each

Call: 250-372-3161 or 250-612-8265Action Realty Inc.

Fort St. John, BC

Rich Petersen

Bonnie Cote

Each Office Independently Owned And Operated

REALTOR® OWNER/BROKER

250-264-7900 250-262-1944

Attention Pub & Restaurant Investors!

Fort St. John, BC

A one of a kind purchase to own one of Fort St. John, BC’s

finest, busiest & highest rated pub. Exceptional reputation,

revenue, staff, location & equipment makes this business a

terrific opportunity for any entrepreneur wanting to expand in

the booming North Peace Area. This 6000Sf, 150 seat liquor

primary licenced pub sits on a prime C2 Zoned - 5 acres w/

Alaska Highway Frontage & lake view. Built in 1998 & expanded

in 2004, the building is well constructed, space is utilized &

entire property is zoned C2 - allows for future development &

has enough room to expand or diversify. This thriving business

is the only entity of its kind in the Charlie Lake area; serving the

entire North Peace . This pub is well known throughout the area

for delicious food, great prices, great times, with hundreds of

satisfied repeat clientele. MLS N4505657 $3,800,000.00

KITIMAT $30-$60 BILLION in Regional Economic Growth Potential

Fully renovated 4 plexs with 20% + ROIComing in January 2013

from $399,000

CALL 604-725-4872 or 250-826-2284

EMAIL: [email protected]

WESTERN INVESTOR NOVEMBER 2012 www.westerninvestor.com Northern British Columbia B9

#133128: NEW STRIP MALL has 4 available spaces left for lease, 1,750 sq ft each. Great location on 8th street between Tim Horton’s & The Brick. Lease rates start as low as $16/sq. ft.Start your business here. Strip mall is 10,000 sq. ft. Also for sale at $1,800,000

#139026: This UNIQUE PROPERTY has 3500 sq. ft. building on a large corner lot on 102nd Ave. with paved lot. Presently zoned for multiple fam-ily, would make a good duplex. Or switch back to commercial. $199,000.

#135939: FOR SALE OR LEASE 5040 sq ft building on busy Alaska Ave. Many uses, drive thru availability, lots of parking, next to government liquor store. Own-er will consider dividing building into two rental units. Priced at $795,000 or $16.00 per sq ft to lease.

#131876, 130050, 131875: HIGHWAY COMMERCIAL/INDUSTRIAL LAND Situated across from the EnCana event centre, Chances casino and new Holiday Inn this is a very desirable location. Total of three lots each approx 4.5 acres each, excellent visibility and access. Priced at $450,000 - $500,000 each

L A N D#137248: HIGHWAY FRONTAGE 1.1 Acre of industrial land on Highway 2, topsoil has been removed and an entrance installed and the prop-erty is shaled. Additional one acre lot available next door, shaled as well and asking $198,000. or will build to suit and lease out. Asking $199,000

# PRIME RESIDENTIAL LAND FOR DEVELOPERS. 116 acres sitting on the north end of Dawson Creek waiting for your development plans for resi-dential subdivision. Part of the city’s sustainability plans for expansion within the city’s boundaries. $2,900.000

#138192: CHETWYND INDUSTRIAL LAND Unique property in booming oil, gas, and coal com-munity of Chetwynd. Total of 30 acres of industrial lands with 13 acres ( M-2) inside village limits and 17 acres in the regional district. Situated in the BCR industrial park and priced to sell at $395,000

#135241: COMMERCIAL LAND NEXT TO THE GOLF COURSE. Great location and potential! 10.33 acres that are zoned C-3 (highway commercial) between the driving range and regional district offices, close to a large campground. Lots of options, borders the Alaska Highway. $1,150,000

#137199: LOCATION, LOCATION! Across the street from Walmart on Highway 2 at the start of the dangerous goods route or bypass. 2.25 acres of commercially zoned land and an easement at the rear of the property for a secondary exit or entrance to 8th street. Commercial and business possibilities. Reasonably priced at $360,000

#127066: LOCATION, LOCATION, LOCATION 0.74 acres at the intersection of 17 Street and Alaska Highway. Ideal location for strip mall, service station, etc. $295,000

DAWSON CREEK COMMERCIAL EXPERTS

#129952: FOR SALE OR LEASE Multi purpose build-ing with 2 units now leased leaving 11,000 sq ft. avail-able. Upgrades include updated roof and furnaces Asking price is just $315,000

#129257: THE SOUTH PEACE UNITED CHURCH IS FOR SALE. OVER 11,000 SQ. FT. - Sanctu-ary, hall, kitchen, offi ces, and support services. Excellent corner location, zoned commercial, very good condition, ready for an offi ce or residential conversion. $495,000

#130083: 16,000 SQFT FOR LEASE (Brown’s Social Club) now open and Pizza Hut coming soon, lots of parking. 16,000 sq. ft. of prime lease space still available. Competitive rates ... best location in the city! Lease rates starting at $8.00/sq.ft

#138842: FOR LEASE 1.28 acres graveled and fenced lot with a 6000 sq. ft. shop available on Sept. 1. Only 5 years young, 1380 sq. ft. showroom for retail, offices, sales and service counter. Mezzanine on top with a lunch room and storage. Shop has 6 overhead doors, radiant heat, 3 phase wiring, ready for your business. Asking $16.00 per sq. ft. triple net.

#129953: RETAIL BUILDING Great location on 10th St over 3,000 sq ft on main and additional 3,000 sq ft on second floor, located next to Scotia Bank. Ground floor now leased out to only video rental company in Dawson Creek. Asking price of $375,000

RE/MAX DAWSON CREEK REALTYwww.dawsoncreekrealestate.ca 1-888-214-5871 DAWSON CREEK

COMMERCIAL EXPERTS

#139698 NEIGHBOUR PUB WITH BEER AND WINE STORE.Great opportunity for the right owner, situated on 1.88 acres of prime commercial property. The 4000 sq.ft. pub has seating for 98 and the poten-tial to increase to 150 with 2700 additional sq.ft of banquet area.

Asking price has been reduced by over $500,000 for a quick sale.

Priced at $1,600,000

TOM MORAN 250-784-7090 [email protected] MORAN 250-784-7090 LLOYD SMITH 250-784-7116

[email protected]

D A W S O N C R E E K

RE/MAX DAWSON CREEK REALTY

1-888-214-5871

street from Walmart on Highway 2 at the start of the dangerous goods route or bypass. 2.25 acres of commercially zoned land and an easement at the rear of the property for a secondary exit or entrance to 8th street. Commercial and business possibilities.

Reasonably priced at $360,000

SOLD

Remax Action Realty 1991 Inc.

[email protected]@remaxaction.ca

250-785-5520 Toll Free: 1-888-785-5520

The Power Of Partnership!

KATHY MILLER CURTIS ROBINSONPERSONAL REAL ESTATE CORPORATION

FORT. ST. JOHN

FAMILY OR RETIREMENT BUSINESS AWAITS! 9207 - Alaska Road

Motel Business with attached convenience store. Turn key 14 unit

motel located on 1.67 acres. Most units have kitchenettes hence long term repeat clients. No reasonable offer refused. $1,650,000 - MLS# 4505597

1,367 SQ.FT. PRIME LEASE SPACE! #4 8822- 100th St

Alaska Hwyexposure! This newly renovated building is

the place to be. Check out this affordable 1367 sq ft (with possible future expansion) Currant layout consists of front reception area, offi ce and warehouse to the rear with 14’ over head door. $18.00/sq.ft. + NNN - MLS# N4505583

the place to be. Check out this affordable 1367

FOR SALE OR LEASE PROSPECT PARK LOCATION - 10711 - 91st Ave Updated offi ce space, new

windows, doors and updated

forced air furnace. 1100 sq.

ft. of offi ce space attached to 3250 sq. ft. of shop. + 6500 sq. ft. of additional shop space

available. Sale: $2,200,000 - N4505390 Lease: $15.00/sq ft + NNN - MLS# N4505100

INVESTMENT OPPORTUNITY9321 - 96th Street

Unique opportunity available in this quality building. High

exposure location, 100% leased with solid ten-ants in place. 7.39 % cap rate makes for a solid investment! $2,500,000

A RARE FIND! 8715 - 100TH AVEThis free-standing 13,960 (14,391 with mezz) sq. ft. building

situated on 2.6 acres of land with perimeter stor-age is ideal to relocate & grow your business. Ren-ovated offi ces, boardroom, air conditioning + the addition of a 4 bay shop, 1 with drive through bay & 10 ton crane, paved yard completes this desir-able package. $16.00/ sq. ft + NNN - N4505735

DOWNTOWN LEASE SPACE 9940 - 102 Ave

Prime downtown offi ce build-ing avail-able Jan/13. Nicely

upgraded, this 4,400 sq. ft. space consists of 9 offi ces, conference room, kitchenette, IT room, 22 x 28 shop with overhead door, ample parking. $18.00/ sq. ft + NNN - MLS# N4505720

Contact: 250-219-2756 or email: [email protected]

For Sale in Northeastern BC AreaWHOLESALE Retail Water & Ice Processing and Sales Business

• 5500 sq ft warehouse and offi ces on 1 acre with fenced compound in high visibility location and easy access

• Fully automated processing plant with 2” water supply and transport vehicles

• Recent appraisal for qualifi ed buyers

• Gross annual sales 600,00 + in growing market, good rate of return

• Land and building. Asking $780,000

NORTHEAST BC Realty Ltd.

250 785 4115 Investing Our

Energy In The North

10220 101 Avenue Fort St John BC V1J 2B5

www.NEBCRealty.com

RON RODGERS

OWNER - MANAGING BROKER Email: [email protected]

NEBC ©2010 - 2012

INVESTMENT PROPERTY ‐ COMMERCIAL HIGHWAY FRONTAGE Are you thinking of investing in the north, where the oil & gas industry continues to

thrive?

8.58 ACRES...Ideal location for a commercial business looking for highway frontage exposure,

large yard for industrial traffic, additional commercial land for future growth, and more! (Asking Price less than $140,000/acre highway commercial land ‐ not including the value of the buildings!)

1,800sf (60’x30’) shop has radiant heating, 200amp electric, office and washroom. Large entrance to yard off highway access road...level, graveled and compacted!

House on site could be used for an office/manager residence. Wrap‐around driveway for easy access.

ON COMMUNITY SEWER!

PROPERTY WOULD BE IDEAL SITE FOR DEVELOPMENT OF STORAGE BUSINESS, RETAIL BUSINESS COMPLEX, OWNER‐OPERATED BUSINESS AND MORE!

ASKING $1.2 Million ~ MLS® N4505478 Charlie Lake BC NO DROP INS - CALL RON TO ARRANGE VIEWING

B10 Northern British Columbia www.westerninvestor.com NOVEMBER 2012 WESTERN INVESTOR

PropertiesLifestyle

Reach potential buyers with money to spend. Western Investor readers have higher than average household income and a real interest in real estate.

LifestyleLifestyleLifestyleLifestyleDo you have a unique property?

Advertise your listings in ourspecial feature:

604-669-8500 1-800-661-6988

[email protected]

Recreational Real Estate LIFESTYLE PROPERTIES www.westerninvestor.com WESTERN INVESTOR

10

Investment OpportunityAvondale - Crystal Gardens Lake CommunityNewly remodeled home, 1870 square feet, 3 bedrooms plus den, 2 baths, prime location near shopping and freeway access, would make for a great vacation home or could rent for $1000-$1075 as an investment property.For Sale: $112,500

Contact us to start your portfolio today. Here are twelve of the homes we’ve sold over the past few months which are all within a 30 minute drive from downtown Phoenix. We even offer property management for our clients.

Phoenix AreaAverage Sales Price per Square Foot

ARMLS Residential - All Areas and Types

ARIZONA Investment Property For SaleACquire reAlty 623-853-7765Toll Free: 1-855-234-3342 • [email protected] • 10750 West McDowell Rd. Bldg. C, Ste. 305 Avondale, AZ 85323

Sold Price: $51,900Rent: $850City: TollesonYear Built: 2005Square Feet: 1,423

Sold Price: $52,00Rent: $825City: PhoenixYear Built: 2002Square Feet: 1,343

Sold Price: $60,300Rent: $895City: GlendaleYear Built: 2001Square Feet: 1,278

Sold Price: $60,500Rent: $825City: GoodyearYear Built: 1997Square Feet: 1,159

Sold Price: $61,500Rent: $925City: AvondaleYear Built: 2000Square Feet: 1,197

Sold Price: $62,000Rent: $895City: AvondaleYear Built: 1991Square Feet: 1,255

Sold Price: $64,000Rent: $850City: El MirageYear Built: 2001Square Feet: 1,495

Sold Price: $64,000Rent: $785City: BuckeyeYear Built: 2006Square Feet: 1,574



Sold Price: $87,000Rent: $995City: LaveenYear Built: 2004Square Feet: 1,763

Sold Price: $105,000Rent: $1,150City: GoodyearYear Built: 2003Square Feet: 2,277

Acquire Realty is family owned and operated with over 30 years of Real Estate experience. Contact us for Foreclosure or Short Sale Listings in Phoenix, Scottsdale, Fountain Hills, Surprise, Goodyear and Surrounding Areas. We would love to help you find your vacation home or investment property.

Perhaps the strongest evidence of a recovery in the Kootenay recre-ational market is the sale of ranch-

sized acreages at the exclusive Ranches at Elk Park just outside of Radium Hot Springs. Prices range to nearly $3 million – and that is just for the land.

“We have sold two lots and we have holds on two others,” said Rudy Nielsen, founder and president of Niho Land & Cattle Company, which is marketing the ranches through its sub-sidiary LandQuest Realty.

Prices roam from $9,000 per acre for small parcels to around $2,100 per acre for 400-acre and larger ranches.

The 3,500 acres at Elk Park, a gated ranch community and perhaps the only one in B.C., are divided into 16 ranches, from 36 acres to 480 acres.

The two lots that sold – one to a retired Edmonton oil executive – are both in the 100-acre size, as are the two with pending sales.

The Ranches at Elk Park are what Nielsen calls a “rare collection” of recreational private estate properties. The ranches are framed by Kootenay National Park and the Columbia Valley and prices range from $390,000 to $2.95 million for 200 plus acres with a lake.

“This is a very exclusive opportunity,” said Nielsen, 70, B.C.’s most prolific land dealer. In the last 40 years, he’s put together thousands of successful real estate deals, involving tens of thousands of acres, from small plots to ocean islands, to entire town sites and huge farms

and ranches. “There’s nothing else like this in British Columbia. South of the border, in places like Montana, similar ranch-style communities are far less pristine and their prices are much steeper.”

Calgary-based Schickedanz West, the owner of the Ranches project, is adding a com-prehensive amenity centre outside the access point with fitness facilities and a private own-ers’ lounge, Nielsen said. He credited owner Fred Schickedanz for having the vision and patience to create “one of the best recreation-al ranch developments I have seen in a long time.”

Nielsen said buyers are a mix of permanent residents and seasonal owners who plan to

RECREATION FEATURE Wealthy investors corral exclusive acreages at Ranches at Elk Park in Kootenays

WI STAFF

WESTERN INVESToR

eventually retire to the property. They share an common appreciation of nature, outdoor adventure, horse-back riding, hobby ranching and getting away from it all, “without going too far or spending too much.” Some of the ranches are lakefront, others have valley views and all have the security and privacy only big money can buy: there is only one access road and it is protected by a controlled locked main gate.

Albertans The success of Elk Park is likely cheered by other land and recreational vendors in the Kootenays, especially since it heralds the return of Alberta investors.

In 2007, Albertans were big in the Kootenay

Ranch-size sales cheer vendorsarea, grabbing more than 2,000 residential properties and more than 600 plots of vacant land, with the Columbia Valley figuring large. With the BC/Alberta border so close to Calgary, the Kootenays were a natural lure. Then the oil-fueled global economy stalled and Albertans went quiet; in 2010 Albertan purchases were off by more than 70 percent or 756 sales of residential properties. However, with the global economy swinging back and oil now north of US$100 a barrel Nielsen expects a resurgence of Alberta buyers into the Kootenays.

“our sales team says the number and quality of calls coming out of Alberta has increased substantially, compared to anytime from mid-2008 to late 2010, “ Nielsen said.

A recent survey by the Royal Bank fore-casts Alberta will lead the entire country in economic growth this year and next, and like-ly into the next decade. one telling stat: the average weekly wage in Alberta is $1,036 a week, almost one-third higher than the rest of Canada.

And Albertans traditionally look to B.C. for recreational property.

“You can golf, ski, and catch a large rainbow trout, all in one day in the Kootenays,” Nielsen said. He notes that the ski hills of Panorama Ridge near Invermere and the amenities of Fairmont Hot Springs are close by Elk Park, with almost two-dozen golf courses within a 30-minute drive.

Nielsen said The Ranches will attract a select type of buyer.

“The price range is for individuals with a pioneering spirit ready to embrace a rare oppor-tunity to own their own private ranch right at the foot of the Rocky Mountains.”u

Ranches at Elk Park: 200 acres with a private lake listed for $2.95 million.

Phot

o: L

andQ

uest

WESTERN INVESTOR august 2011 www.westerninvestor.com Alberta B13www.westerninvestor.com WESTERN INVESTOR Recreational Real Estate LIFESTYLE PROPERTIES12

HI

GH

WA

Y 9

5

Ko

ot

en

ay

N

at

io

na

l

Pa

rk

HI G

HW

AY

95

BaptisteLake

Upper Ranch

Entrance tothe Ranches at Elk Park

SUNSET RANCH160 ACRES

$785,000

RED ROCK RANCH120 ACRES

$600,000

MCKAY RANCH160 ACRES

$2,950,000

CIRCLE S RANCH36 ACRES

$390,000

CLEARWATERRANCH

40 ACRES$1,400,000

PAINTED PONYRANCH

80 ACRES

EVERGREENRANCH

79 ACRES$600,000

MUSTANGS RANCH62 ACRES

$470,000

BENT CREEKRANCH

460 ACRES$1,120,000

DIAMONDBAR RANCH

155 ACRES

SPIRIT RANCH405 ACRES

$952,000

TRAILHEAD RANCH480 ACRES

$1,092,000

SNOWY OWL RANCH476 ACRES

$2,250,000

WARD RANCH316 ACRES

$2,200,000

CLIFFSIDE RANCH230 ACRES

$1,155,000

MORGAN RANCH74 ACRES

$700,000

5Minutes

toTown

Centre

SOLD

Baptiste

SOLD

HOLD

OPENHOUSESaturday, August 27, 11-4 pmSunday, August 28, 10-2 pmEntrance to the Ranches atElk Park 3.5 km north of Radium

The Rocky Mountain range, that is. Right now, you can own your own Columbia Valley ranch right at the foot of the Canadian Rockies. Rolling meadowlands…fragrant alpine forests…high bluffs overlooking the Columbia River wetlands. It’s a setting right outof Legends of the Fall – and it’s available now to a very lucky few.

Only 17 Ranches will be madeavailable in Elk Park Ranch – ever.To schedule a private guided tour, please call 1-604-694-7628 or email [email protected].

www.ElkParkRanch.com

Home, Home on the Range.

www.ElkParkRanch.com

®

Bob Plowright & Don Spice • RE/MAX BOB PLOWRIGHT REALTYKristen O'Connor • RE/MAX NYDA REALTY 1-7300 Vedder Rd. Chilliwack, BC V2R 4G6www.bobplowright.com [email protected] • 1-800-830-7175

Why Harrison? Nestled against Southwestern British Columbia’s mag-nifi cent mountains and the sandy beaches of Harrison Lake, Harrison Village is your local destination fi lled with a rich history and natural wonders, including our world famous BC Hot Springs. Known for its leisurely days and friendly ways, offering nature, art, entertainment shopping and food.

• 4 bedrooms, 5 bathrooms• 3,720 sq, ft, of living space• 824 sq. ft. guest suite• Showpiece 2 car garage

• 108 feet of waterfront

• Stamped concrete boat launch• 100 feet private boat dock• RV parking

• Covered hot tub deck

Why Harrison?Why Harrison?Nestled against Southwestern British Columbia’s

Overwhelming Views

$1,888,000 Virtual tour at www.6565-rockwell.ca

FOR SALE AUTOMOTIVE PARTS STORE KITIMAT, B.C.

• Well established• Adjoining 100’ x 150’ lot• Presently 2 storefront rental income• Would like to sell package deal

Call for more information, Gerri Saunders @ (250) 632-2107 or (250) 632-6638

Virtual tour at www.annabelyoung.com ANNABEL YOUNG Offi ce: 604-888-0786 Cell: 604-961-7541 Email: [email protected]

Far from the Madding Crowd

- Exquisite property features the best of the West Coast

- Water Front -1.84 acres of high water front

- Custom designed house infused with southern light

- Spectacular views of the Gulf Islands- Live year round or have a

weekend retreat and haven- MLS® F1118274 $1,075,000

REALTY (02) LTD.

Approximately 80 minutes northeast of Winnipeg on the Bird River. This classic lodge is world famous for trophy bear and deer hunting. Located 1/4 mile from a Department of Transportation certified airport runway. Suitable for church camp, corporate retreat, training centre or private retreat. Commercial kitchen. Games room, sauna & conference room. Thirteen bedrooms, sleeps 27 plus master bedroom & ensuite. Approx. 6900 sq. ft. on +/-2 acres. Asking $1.85M.

FOR SALE - On Bird River, MB

PH: 204-928-5000 • www.dtzbarnicke.com

Len WestwoodSales & Leasing Associate

Direct: [email protected]

Recreational Real Estate AdvERtIsIng FEAtuRE:• Limited spaces • 4-colour ads • Special rates

WESTERN INVESTOR NOVEMBER 2012 www.westerninvestor.com Northern British Columbia B11

HANS JOHANSEN 250.960.9339 [email protected]

KIRK GABLE 250.981.3535 [email protected]

TRUCK SHOPS *6160 sq ft on 1.5 fenced acres, 3 – 16’ OH doors, 5 ton crane, air conditioned offices lease $8.50. *5100 sq ft on 1.59 acres with large office mezzanine, lunchroom, fenced. $890,000 or lease for $8.00

DEVELOPMENT LAND

*80 acres close to airport, city services available *56 acres designated industrial in OCP, close to airport,

LIGHT INDUSTRIAL LEASE

Top quality light industrial/office/retail units 1500 – 10,000 sq ft, close to downtown from $7.00

WAREHOUSE

18,600 sq ft on 1 acre near downtown, 1000’ CN siding $1,400,000 or lease for $5.50 MULTI FAMILY

*.26 acres zoned RM4 on busy city arterial $161,000. BUSINESS OPPORTUNITIES

*Turn Key 165 seat restaurant plus 180 seat banquet room. Land, 10,560 sq.ft. building & all fixtures for $795,000 or lease for $8.00 net.

*Grocery store in high traffic area, $1.2M sales $100,000 *Hair salon and home décor retail, strong financials $129,000 *Busy 130 seat full service restaurant with .75 ac highway frontage, includes land, buildings and business $799,000 *Ready mix batch plant ready to go on 2.71 fenced acres. *5,800 Sq.ft. Downtown retail building $315,000

MOBILE HOME PARK

Established “adult” mobile home and RV park on 21 acres highway frontage in Prince George. 88 mobile home lots, 51 RV stalls, 1700 sq ft executive home, meeting hall with laundry and washrooms, machine shed, extensive equipment list. 8% cap $4,725,000.

INDUSTRIAL LAND

*1.87 acres, level, fully serviced $205,000 *5 acres with 400 ft highway 97 frontage $300,000 *2 acres with 400 ft highway 97 frontage $75,000 (needs rezoning)

308 Acre Ranch with a contempo-rary main house and three fabulous guest cottages. This 4.5 star rated accommodation is just outside of Prince George and is fully booked with returning patrons from all over the world. Zoning allows for 7 more cottages to be built. Limitless poten-tial $1,325,000.

Squamish waterfront starts selling A six-year hiatus in the re-invention

of the Squamish waterfront will soon be over, as Cushman & Wakefield Ltd. began marketing more than 100 acres of former industrial properties for develop-ment last month. The land, once heavily polluted, has already been remediated.

Squamish Oceanfront Development Corp., an arm’s-length company Squamish district council launched in 2004 to realize its vision for a revitalized waterfront, contracted the brokerage’s Vancouver office earlier this year to market 60 acres of former industrial land and 44 acres of fee-simple water lots.

“We would consider everything from an out-right sale to a joint venture or equity partners. We would consider it all,” said Bill McNeney, chair of the district-owned developer. “We weren’t asking them to lease it or do a joint venture or an equity partnership; we were asking them to take it to the market and see where the interest was.”

The site was originally set to be devel-oped by Vancouver-based Qualex-Landmark Group. Plans for a $500 million mixed-use community collapsed in October 2006 when Qualex-Landmark pulled out following changes to its original agreement that significantly altered the terms of the deal.

“We’re not saying that Squamish doesn’t have a bit of a checkered past as a community for developers who just ended up frustrated,” McNeney conceded.

Community consultations have led to a

First six-storey condo building completedAfter fire levelled the first attempt at construct-

ing a six-storey wood-frame condominium building a year ago, Quattro Development has completed the first such building in the Lower Mainland, called Quattro3.

“We are proud to lead developers with this new marker for wood-frame construction. It helps keep Quattro3’s home prices more affordable for both homebuyers and investors,” said Charan Sethi, president and CEO of the Tien Sher Group of Companies.

The building, in the Central Surrey area, marks a change in B.C.’s building code, which now allows wood-frame buildings as high as six storeys, from four floors previously.

Peter Simpson, president and CEO of the Greater Vancouver Home Builders’ Association, says six-storey wood-frame buildings are a viable option for residential buildings in Metro Vancouver. “This type of wood-frame construction is not a new idea,” he said. “It has been going on in Europe with great success in recent years.”

“Six-storey wood-frame construction is as safe as any other form of construction because [the] fire code is even more stringent,” said Anne McMullin, president and CEO of the Urban Development Institute. “Clearly it represents a future trend in B.C. construction.”

In May 2011, fire destroyed the first attempt at building a six-storey wood-frame condo-minium building in Richmond. The five-hour fire that ripped through the Remy was so intense that firefighters were unable to put it out before 251 unfinished condo units collapsed into a smouldering pile. The Oris Developments Ltd. project is being rebuilt. The first phase of the Remy, all wood frame, is expected to complete later this month (November).

vision for the site that will see a third devel-oped with residential units, a third with com-mercial space accommodating upward of 2,000 jobs and recreational facillity or public ameni-ties on the remainder.

McNeney is optimistic that a deal will be reached within 18 months.

– Peter Mitham/BIV

Vancouver earns enviable repVancouver has been named the world’s

most reputable city, according to an international poll conducted by the Copenhagen-based Reputation Institute.

Every year the institute polls 18,700 people in 15 countries on the reputations of 100 cit-ies that are selected according to population, gross domestic product and volume of tourism. This year Vancouver beat out cities like Vienna and Sydney to earn top spot on the prestigious list.

Economy runs on real estateCommercial real estate is driving Metro

Vancouver’s economy, according to a new report by the National Association of Industrial and Office Properties (NAIOP). The report, titled The Economic Impact of NAIOP Members, determined that NAIOP members:

• contributed a total of $310 million in property taxes to local governments;

• generated nearly $9.7 billion in economic activity associated with NAIOP member firms and $4.5 billion in GDP in Metro Vancouver;

• generated more than 200,000 direct and indirect jobs;

Six-storey wood frame condo build-ing completed in Surrey.

Phot

o: T

ien

Shie

r Gr

oup

of C

ompa

nies

• owned or managed a total of 82.2 million square feet of commercial and mixed-use prop-erties in Metro Vancouver, equating to $19.9 billion in estimated property value; and

• accounted for an average of 3.95 mil-lion square feet of new construction in Metro Vancouver over the last five years, estimated at $878 million in value.

“One of the key findings of the study shows the growing importance to our members through the significant amount of property taxes we contribute,” said Darlene Hyde, executive director of the Vancouver chapter of NAIOP.

W h at ’ s h a p p e n i n g i n

British Columbia

Red Mountain expandsRed Mountain ski resort in the

Kootenays has added an entire new mountain, 1,000 acres, to its ski area.

“The scale of this expansion is a true game-changer for Red Mountain Resort and for the community of Rossland,” said Howard Katkov, president and CEO of the resort.

Grey Mountain is about the same size as the Mt. Baker ski area in Washington state.u

B12 Alberta www.westerninvestor.com NOVEMBER 2012 WESTERN INVESTORWESTERN INVESTOR NOVEMBER 2012 www.westerninvestor.com Alberta B13

With connection in more than 85 counties worldwide put the Power of the RE/MAX brand to work for your commercial, industrial, agricultural, investment or international real estate needs.

Each office is independently owned and operated.commercial.remax-western.caGet the Power.

Get the Power. To view commercial properties or find a RE/MAX Commercial practitioner near you, visit

commercial.remax-western.caEach office is independently owned and operated.

RE/MAXCold Lake

2000

$2B Expansion at Cold Lake oilsandsTake advantage of the economic spinoffs

¼ SECTION, 150 ACRESAt entrance to Cold Lake $650,000

¼ SECTION 145 ACRESAdjacent to city of Cold Lake boundary and golf course. Zoned Country-Residential $689,000

¼ SECTION 132.8 ACRESOverlooking Jessie Lake. Adjacent to town of Bonnyville boundary. Future Country-Residential or annex to Bonnyville $795,000

R-4 MULTI-FAMILY LOT IN COLD LAKE 82.5' x 272' $350,000

7.2 ACRES ZONED HIGHWAY COMMERCIAL

Services & Offsite levies prepaid! $749,900

4 ADJOINING COMMERCIAL LOTS Highway exposure - Environmental clean-up required $75,000 each

Larry Melanchuk, Associate Broker

Cell: 780.826.0100 www.coldlake.info TF: 1.800.707.8374 A Division of Cold Lake 2000 Realty. Independantly owned & operated.

COLD LAKE OPPORTUNITIES

CONDOMINIUM CONVERSION WITH 24 INDIVIDUAL TITLES

Well maintained property, Consist 18x 2 bed + 6X 1 bed, New roof, upgraded common areas & units, fully rented!! Great location! Only 50 km west of the largest sour gas developments in the world, in a growing town, near the hospital, stores, schools, parks etc...

BEN YOVEL 780-885-1919 [email protected]

NOI: $181,300

CAP: 7% ASKING

PRICE: $2,650,000

INVESTOR ALERT! BOOMING ALBERTA MULTI-FAMILY OPPORTUNITY INNISFAIL, AB

REALTY PROFESSIONALS

Each office individually owned and operated

Vijay Thankey 403-554-4268www.vj2good.com [email protected]

Corner of McKnight Blvd & Stoney Trail NE

LAND AND PROPERTY FOR SALE

Excellent Property with 23.05 Acres of land with 1488 sq ft Bi-Level walk out basement house within the Calgary city limit. Enjoy the country living inside the city limits. Total 6 bedrooms and 3 with ensuite bath. 2 Kitchens and a large deck facing Stoney Trail. MLS® C3524429

CALGARY, AB 4 Marble Slab Creamery Locations Available

• Store equipment is brand new • Good mix of tenants• Very busy shopping centre • MLS# C1020914

• Busy 17th Ave SW location • Brand new equipment• Good mix of tenants • MLS# C1021237

Virtual tour at www.myvisuallistings.com/vt/83897/photo/

Virtual tour at www.myvisuallistings.com/vt/90385

MARBLE SLAB CREAMERY



$299,000

$229,900

$329,000

Business Only - turn Key franchise operations

Virtual Tour at: www.360pics.ca/vinjaythankey/1

• Busy NW shopping centre. • Located in the food court

• MLS# C1021544

• Busy SW shopping centre.

• Good mix of tenants• MLS# C1021543

$249,900



INVESTMENT OPPORTUNITIES FROM BARCLAY STREET REAL ESTATE

EDMONTON OFFICE: p: 780-463-33324216 – 97 Street • Edmonton, Alberta, T6E 5Z9

CALGARY OFFICE: p: 403-290-0178Suite 200, 407 – 8th Avenue SW • Calgary, AB T2P 1E5

SOLUTIONSCOMMERCIAL REAL ESTATE Property

Management Office, Retail, Industrial

SALES AND LEASINGLand, Investment

SALES

LOCAL EXPERTISE

MATTERS

WWW.BARCLAYSTREET .COM

FOR SALE MAIN FLOOR RETAIL

CASEL MARCHÉ 2505 – 17th Avenue SW, Calgary, Alberta

KELLY [email protected]

RYAN [email protected]

For more information or to view, please contact:

p: 403-290-0178

Unique mix of local tenants: Market 17, J.Webb Wine Merchant, Bro’s Dough, Cassis Bistro and Blush Lane.

Gross floor area: 9,390 sq. ft.

Built in 2010.

FOR SALE MULTI-TENANT RETAIL PLAZA

MOUNTAIN VIEW PLAZA4513 - 52nd Avenue, Olds, Alberta

GEORGE [email protected]


p: 403-290-0178

Leaseable area: 66,441 sf.

Great location, ample parking, growing Central Alberta community.

Considerable upgrades have been completed on the property including a new roof and storefront

FOR SALE OFFICE BUILDING

REAL EQUITY CENTRE1716 16th Ave NW, Calgary, Alberta

RICHARD [email protected]


p: 403-290-0178

Real Equity Centre provides a total rentable area of 27,421 sq. ft. over five floors above grade and a lower level which is improved as office space.

The building is ideally situated to take full advantage of 16th Ave.

FOR SALE RETAIL/RESTAURANT

739 2ND AVENUE SWCalgary, Alberta



p: 403-290-0178

Downtown Calgary high density residential site for sale. Existing use includes 2 fully licensed restaurant and lounge premises. One leased, one available. Located 1 block from the Bow River in the Eau Claire District.

FOR SALE RETAIL CENTRE

GOLDEN ACRE TWIN PLAZA5010 - 5220 4th Street NE, Calgary, Alberta



p: 403-290-0178

Convenience-oriented community retail plaza.

Consists of two separate parcels; 22,081 sq. ft. single storey multi-tenant retail building; and 35,729 sq. ft. two storey multi-tenant retail office building.

FOR SALE DEVELOPMENT LAND

SOUTH ACHESON INDUSTRIAL AREA Acheson, Alberta

DOUG [email protected]



780-463-3332 403-290-0178

Development land – 122.44 acres

±0.57 of a mile Highway 16A frontage

Zoning contemplates a variety of light industrial and highway commercial uses.

SPRUCE GROVE EDMONTON

16A

60

FOR SALE MIXED USE REDEVELOPMENT SITE

CURTIS BLOCK 228-234 13 Avenue SW, Calgary, Alberta

KELLY [email protected]


p: 403-290-0178

Site size: approx. 29,750 sq. ft.

Zoning: CC-X (Centre City Mixed Use)

Exceptional site location in the surging Beltline/Victoria Park area.

SUBJECT SITE

FOR SALE COMMERCIAL DEVELOPMENT SITE IN MARDA LOOP

2002, 2008, 2012 AND 2016 34TH AVE SW, Calgary, Alberta


p: 403-290-0178

Site size: 23,000 sq. ft.

Land use: DC2D2012 (C-COR1 guidelines), FAR 2, 4 storeys / 16.5 metres

34 Avenue SW

19 Street SW

RYAN [email protected]

JEFF [email protected]

FOR SALE MIXED USE BUILDING

640 – 6TH AVENUE SW Calgary, Alberta


Site Size: ±3,004 sf

Building Size: ±6,580 sf

Zoning: CM – 2 Downtown Business Districts

Price: $4,400,000

p: 403-290-0178


DAN [email protected]


CBRE Limited, Real Estate Brokerage

Development opportunity for 77 apartment condos or 68,270 GFA (M-C2) PRICE REDUCED$2,885,000 Million27,308 Square Feet

Bridgeland

Development opportunity for townhouses or apartment condos (M-C1). $75,480 gross income

$1,300,000 Million12,380 Square Feet

Marda loop

Development opportunity for townhomes (M-C1)

$1,400,000 Million13,577 Square Feet

Marda loop

For further information, please call:

Harvey [email protected] 750 0525

Scott [email protected] 750 0516 500, 530 - 8th Ave SW, Calgary, AB www.cbre.ca

other land opportunities Inner city - high and medium density sites, medium density suburban sites, townhouse sites and seniors housing sites. Some availability in secondary mar-kets. Please call for details.

for sale: Three Multi-residential Development opportunities inner City, Calgary, aB

CENTRAL ALBERTA

• DEVELOPMENT LAND

• GOLF COURSE/

33 SITE CAMPGOUND

• 133 ACRES ON PAVEMENT Only 2 km from City of 17,000

• IRRIGATED 18 HOLES

• 19 STALL DRIVING RANGE

• NEW 2500’ CLUB HOUSE

w/ Full Comm kitchen Seats 90

• 4800’ Maintenance Building

• 1040’ 3 BR Upgraded Home • 33 SITE SERVICED RV PARK

30 Amp & Water, Wash & Showers,

Sani Dump Station FAMILY OWNED & OPERATED

Showing Excellent Growth

Redevelopment and Expansion

Opportunities on Unused Land!

ZONED RURAL REC

FSBO $2,750,000 Serious Inquiries Only Please

780.679.3408

City of WetaskiwinEconomic DevelopmentP.O. Box 6210Wetaskiwin, Alberta T9A 2E9 www.wetaskiwin.ca

• Commercial & Industrial Development Opportunities• Single Family Homes & New Apartments Required• 35 minutes to Edmonton and 60 Minutes to Red Deer

• Retail & Hotel Development Opportunities• SKYPORT at Wetaskiwin Airport Sites Available • 44,000 loyal shoppers in immediate trading area

For Details Contact:rOnALD hOLLAnD (780) 361-4404Edm Dir: (780) [email protected]

Contact Your Guide to

Edmonton Apartments

Today!

www.apartmentsinedmonton.comSutton Central Commercial - AN INDEPENDENT MEMBER BROKER

APARTMENT OPPORTUNITIES

(780) 455-4088Pam Gill

Duplex with suites ....................................$525,000warehouse conDo ......................................$299,00012 units Downtown ...................................$925,0006 units rooming house ..............................$349,00016 units resiDential / commercial mix . $2,900,00020 units Downtown ................................$1,850,00022 units Downtown ................................$2,420,00030 units westenD.....................................$3,000,000

[email protected] 306-244-0981or

[email protected]

COLD LAKE MULTI-RESIDENTIAL

LAND FOR SALEWith $2 billion in new oil sands development by Imperial Oil, Cold Lake is Alberta’s hottest city. Multi-residential land is well-located, serviced, zoned and ready for construction.

LAND ASSEMBLY • DEVELOPMENT • INCOME PROPERTIES

www.danpreston.caPersonal Real Estate Corporation

SENIOR'S DEVELOPMENT SITE SALE: $1,990,000

Foundation in place, tendered plans, permits, ready to complete. 88 units. Creston, B.C.

www.danpreston.ca

WHISTLER REVENUE TOWNHOUSE $399,000 3 bed - 3 bath - $2,400 pm income

36 units on 10 acres - Site Redevelopment Potential

2 LEVEL PENTHOUSE, center of the Entertainment District. 700 SF Private Master BED with huge ensuite,

Renovated w/ Floor to ceiling windows. Lowest $ PSF Price in the City $1,100,000

B14 Alberta www.westerninvestor.com NOVEMBER 2012 WESTERN INVESTORWESTERN INVESTOR NOVEMBER 2012 www.westerninvestor.com B15

Canada’s dinosaur capital is cer-tainly more prepared for future growth than it was a few years

ago, and that growth is looking likely.All you need to do is look around and you

can see the south-central Alberta community of Drumheller has benefitted recently from a healthy dose of public-sector spending – cash that has added to the array of services avail-able in the Badlands service centre.

Most obviously, there’s the new $25 mil-lion Badlands Community Facility (BCF), a multipurpose building in the heart of the Red Deer River Valley community. The complex includes a new public library, field house, indoor running track, fitness facility, meet-ing rooms and arts-and-culture spaces.

Ultimately the land around the new com-plex will also house a new arena and curling rink, giving Drumheller a second ice arena and a better draw for major tournaments.

Such events will help add to hotel occu-pancy during the slower winter tourism sea-son, when visitation to key attractions such as the famous dinosaurs and the Royal Tyrrell Museum decline.

Of note, the BCF can also welcome up to 750 guests in one location for convention-related events. That’s key for a place with hotel capacity to spare during conference season – especially one that’s less than 90 minutes from Calgary and another hour from Edmonton.

“I think that [the BCF] is probably the

biggest news in Drumheller,” said economic devel-opment officer Bob Cromwell, a former city dwell-er who gushes enthusiastically about the beauty of the Badlands.

“We seem to be quite targeted right now by var-ious businesses and associations in having their conferences here,” he added.

While visitors to Drumheller may not notice other changes – a new $20 million Catholic school and $22 million in public-school upgrades – those improvements are important steps for a community that is one part tourism draw, another part agriculture and petroleum service and a third part region-al service centre.

Infrastructure-wise, Drumheller has been making important strides as well, notes Cromwell, with $22 million spent recently on wastewater-system improvements and another $4 million to extend water mains to the more rural parts of the river valley municipality.

As well, the city will spend roughly $2 million starting late this fall on renovating former library space to accommodate a move of the town office into the downtown core, something that should be another enhance-ment for the tree-lined streets of the former

REGIONAL ROUNDUP Public spending – from museums to prisons – puts a plank under economy

DAvE hUsDAL

WESTERn InVESTOR

mining town.While building-permit numbers the past

few years have dropped off somewhat (the big-ticket public projects were permitted in 2010 or earlier), the town still recorded about $10.7 million in new-building activity in 2011 and another $8.5 million for the first nine months of 2012.

100 yearsDrumheller will mark its centennial in 2013, and things appear to be looking up as 100 years as a community loom. For starters the tourism business has been good in 2012, with visitor numbers up by as much as 20 per cent according to Cromwell.

Heather Bitz, general manager of the Drumheller & District Chamber of Commerce, shares that conclusion.

“From the [tourism operators] I’ve talked to I would say it’s been a pretty good season,” she said, noting the community’s tourism

Phot

o: V

agab

ond

Trav

el

businesses have also been making changes. The largest hotel operator with four prop-erties, Canalta Hotels, has added meeting space for smaller conferences while the new owners of the Drumheller Inn are upgrading the 100-room property whose height makes it a valley landmark.

There are also new retail businesses in the downtown core, Bitz says, but nothing more in the way of large retailers. Drumheller is already home to some of the country’s more common big-box stores, such as Wal-Mart and Canadian Tire and chains such as Shoppers Drug Mart, making it a draw for the region’s shoppers.

While it may not be evident in the valley, there are also a few other things happening in the Drumheller region, development wise.

Wind-power projects are being initiated, creating potential in the industrial service sec-tor. As well, there’s expansion work going on

Please see Badlands page B16

Alberta

LEFT: new community centre and school, prison and wastewater upgrades boost building permits in Drumheller. RIGhT: “world’s largest dinosaur” is 86 feet tall and 151 feet long.

Drumheller

Phot

o: T

own

of D

rum

helle

r

COMMERCIAL (RE/MAX Excellence)

Phone: (780) 481 - 2950 Toll Free: (866) 481 - 2950

17718 - 64th Ave Edmonton, AB T5T 4J5

Scan our QR Code for all of our current listings, market updates & news!

w w w.RemaxComm.ca

LAND

YELLOWHEAD BUSINESSWITH PROPERTY

2 income producing lots.SELLER FINANCING AVAILABLE!

$1,800,000Contact Miki O’Ree

(780) 641 - 1338

INDUSTRIAL INVESTMENT FOR LEASE

61,200 SF WAREHOUSEW/OFFICE & RAIL SPUR

14135 - 128 Avenue Edmonton70% VTB AVAILABLE!

$5,495,000Contact Sam Narayan

(780) 902 - 5599

PETRO CANADA GASSTATION W/LAND

Gas, conv. store, liquor store, car wash, restaurant & tire shop

$6,900,000Contact Simon Kim1 (855) 828 - 1212

FORT ROAD CENTREUp to 14,500 SF Available

Office, Retail or Professionaldeveloped space with elevator

$16.00/SF Contact Seif Jiwaji

(780) 905 - 7143

B16 Alberta www.westerninvestor.com NOVEMBER 2012 WESTERN INVESTORWESTERN INVESTOR NOVEMBER 2012 www.westerninvestor.com Alberta B17BADLANDS from B15at Drumheller Institution, a medium-security prison south of town.

Property-wise, residential values have increased about 2.25 per cent in the last couple of years, with detached houses aver-aging $240,000 on 79 sales in the first nine months of 2012. That’s a greater number of sales in nine months than what sold in all of 2010.

Industrial Industrial space appears to be harder to find, according to longtime local realtor Bob Sheddy, who does business in several Alberta markets and is the broker of record for Century 21 Power Realty in Airdrie.

“[The Drumheller] industrial vacancy has continued to tighten to the point where we don’t have some spaces available for certain sizes of industrial tenants, and we’re going to have to get creative this fall,” Sheddy said. “This tight vacancy is going to create a great opportunity for some investors looking to buy some two- or four-bay industrial shops in the coming year.”

Sheddy says annual per-square-foot lease rates on industrial properties range from about $9.50 to $13.10.

Buyers can expect to pay from between $42,000 per acre in country rural industrial areas to $100,000 in an industrial area with streetlights, gutters and all services.

Commercial land along the highways in town has sold for around $1 million per acre in some circumstances, but typically settles in at around $400,000 per acre, Sheddy says.

Significantly, while the inquiries for land almost all but shut off from 2008 to 2011, Sheddy said, “Now we’re starting to get offers on land from pure speculators who see Drumheller as a smart place to invest.”

While the energy and agriculture sectors affect Drumheller, other factors can also influence the real estate market.

Movie Recently the shooting of scenes in the movie Seventh Son starring Jeff Bridges pumped up local hotel occupancy and boosted hospitality revenue, notes Cromwell. While the major-ity of the film was shot in the Vancouver area, the potential for the Badlands from the film seems untapped. Indeed, Seventh Son’s opening Imax scene, with the wonders of the Badlands, may turn out to be a powerful ad for the area.

And, notes Cromwell, what happens in Hollywood can influence demand for many

Sidebar

Map from June 2009 WI

Quick Facts

Drumheller, AB

Population 8,000Average detached house price $240,0002012 building permit values $8.48 million (nine months)Serviced industrial, acre $100,000Key industries Agriculture, petroleum, tourism, local services

Drumheller, ABPopulation 8,000Average detached-house price $240,0002012 building-permit values $8.48 million (nine months)Serviced industrial, per acre $100,000Key industries Agriculture, petroleum, tourism, local services

Quick facts

things. Just ask the hospitality entrepre-neurs in dinosaur-friendly Drumheller, who remember a little flick from the 1980s called Jurassic Park.u

✪2DRUMHELLER

Red Deer

Three Hills

StrathmoreBrooks

Calgary

1

27

www.blackstonecommercial.comShane Olin (403) 708-9086 [email protected]

Suite 1, 6204 - 6A Street SE, Calgary, AB T2H 2B7 Tel: (403) 214-2344 Fax: (403) 214-0244 www.blackstonecommercial.com

EMAIL: TELEPHONE:

FOR SALE4110 - 79 Street NW, Calgary, Alberta

10,250 Sq. Ft. Offi ce Building7.93% Cap Rate

$2,100,000

FOR SALE602 - 12 Avenue SE, Calgary, Alberta

7,000 Sq. Ft. Downtown Site$975,000

Westmount Village Phase 1, Okotoks, Alberta

24,175 Sq. Ft. Shopping Centre$9,000,000

110 Montane Road, Canmore, Alberta63,651 Sq. Ft. Building Area (20 Units)

$5,700,000

4337 Macleod Trail S, Calgary, Alberta11,980 Sq. Ft. Shopping Centre

$5,000,000

SOLD

SOLD

SOLD

1267 - 3 Avenue Lethbridge, Alberta5,000 Sq. Ft. Building Area

8.2% Cap Rate $550,000

5007 - 50 Street Innisfail, Alberta3,808 Sq. Ft Building Area + 4 Apartments

$325,000

97 Prairie Place SE Calgary, Alberta4.7 Acres of Land6.3% Cap Rate

$1,590,000

Colliers Macaulay Nicolls Inc.3555 Manulife Place, 10180 – 101 Street Edmonton, AB T5J 3S4

+1 780 420 1585www.collierscanada.com/3645 Accelerating success.

AircrAfT HAngAr for SAlEHighway 830, Warren Thomas Aerodrome, Strathcona county, Alberta• Located in the Alberta Industrial Heartland • 75 feet X 100 feet pre-engineered steel construction• 25 foot clear ceiling height• First rate construction throughout building• In-floor heating, T5 lighting, 75 foot bi-fold door• Secure parking

Ken Williamson, cfADir +1 780 969 2999 [email protected]

For additional information please contact [email protected] or 604-880-7878

Residential development landFor sale: 158 acres – approved for 931 homesz Prime location in growing, diversified Northern Alberta market with low

4.6% unemployment rate.z Outstanding market fundamentals ($126,000 average household

income and average house price of $281,000) with significant growth potential.

z Low risk & high return - proforma 19% - annual return without leverage.z Shovel ready, with detailed 3rd party cost estimates for all required

servicing.z Ownership group has other interests.z Purchase price of $13 million

FORT MCMURRAY – FOR SALE OR LEASENEW INDUSTRIAL SPACE AVAILABLE – 2012

Mike George: 403-396-0026 or

Bill Schoemaker: 403-391-2344 www.property-solutions.ca

• 12,000 to 36,000 sq ft on 3.2 Acres• Lots of parking and yard space

(2006) LTD.

For Additional InformationCall LAwrenCe STeInKe& CompAny reALTy LTd.ph: (780) 447-9009

[email protected]

edmontonI n V e S t m e n t SF O R S A L E

Edmonton Apartment Buildings from $85,000/ unit

11,000 sq ft warehouseRetail, on 1.08 acres land

west Edmonton

Condo Units from $115,000/unit

Farm/Pasture Land. 640 acres 1 hour NW of Edmonton

Total Price: $800,000

Warehouse, Commercial, Retail Bays and Development

Properties.

$$$$$$$$$$$$$$$$$$$$$$$

$$$$$$$$$$$$$$$$$$$$$$$


Ken Shebib, CCIMMOB +1 780 863 7355

DIR +1 780 881 6297 [email protected]

Hotel Opportunities

Colliers Macaulay Nicolls Inc.3555 Manulife Place, 10180 – 101 Street Edmonton, AB T5J 3S4

+1 780 420 1585www.colliers.com

Investment Opportunities

Retail Investment Opportunities

Multifamily Opportunities

PONOKA CENTRE 4800 Highway 2A, Ponoka, AB 19, 648 SF of leasable area with approximately 6 acres of excess

development land. Tenants include Boston Pizza, Esso, Dairy

Queen, Subway, and Dominos. Price: $8,000,000

PONOKA LuBE-X BuILDINg 4714 - 50 Street, Ponoka, AB

2,512 SF freestanding building, strong Covenant Tenant,

Average Rental income - $69,500 Price: $868,750

LAND LEASE COMMuNITIES

Camrose, AB FOR SALE

136 pads on 22.18 acres. Only 2 LLC’s in Camrose. Strong

returns, zero vacancy.

COLD LAKE DEVELOPMENT LAND

Cold Lake, AB FOR SALE

470.36 acres of future commercial and residential development land.

Highway frontage. Price: $3,000,000 ($6,378/acre)

EDgEWORTH RESIDENTIAL

DEVELOPMENT LAND PORTFOLIO

FOR SALERiverbend Heights - Athabasca,

AB: 144 acres of land for future

development. Price: $2,160,000Deer Meadows I & II - Cold Lake,

AB: 2 adjacent parcels totaling 219.24

acres. Parcel 1: 154.66 acres, Price: $2,310,000. Parcel 2: 64.58 acres,

Price: $975,000Halfmoon Lake Land - Halfmoon

Lake, AB: +/- 295 acres. 30 minutes north of Edmonton. Price:

$1,180,000

KINg EDWARD CENTRE Edmonton, AB

3 large residential suites; 3 commercial units; $890,000

HugE uPSIDE! Fort Saskatchewan, AB

180,000 SF, 12 acres. Reduced to $5.3 million ($30.00 PSF)

Land Opportunities

PARK AVENuE INN Fort Saskatchewan, AB

Limited service, 99 rooms, built between 1995 to 2000.

Asking $10,400,000

REVELSTOKE (14 units) NEW LISTING

Revelstoke, BC Located in BC’s premiere resort

town

SPRuCE gROVE MuLTI-FAMILy SITES

Spruce grove, AB 5 x Multi family development

sites. Ranging from 1-4 acres. Within THE LINKS Golf Course. Excellent views and location.

BOuNDARy LANDS - SPRuCE gROVE/

STONy PLAIN Boundary Rd & Highway 16A

Stony Plain, AB 152.61 Acre development site. Future commercial, industrial

and residential.

DEVELOPMENT SITE Near Edmonton, AB

RA-7 Land. 7.4 acres. Infill site, beautiful trees, south side location, Rutherford area.

INDuSTRIAL LOTS FOR SALE

Nisku, AB (VIP Lands) Fully serviced; 1.5 acres & up;

$375,000/acre

Land & Building Opportunities

Fort McMurray Opportunities

Perry gerelukDIR +1 780 969 2979 [email protected]

Accelerating success.

Casey McClelland Eric SlatterDIR +1 780 969 3003 DIR +1 780 969 3043 [email protected] [email protected]

DOWNTOWN EDMONTON HOTEL

Edmonton, AB Higher quality hotel, significant

food and beverage. Asking $9,400,000

9903 - 156 ST. (12 units) PENDING

Edmonton, AB Fully renovated building, 8 three

bedrooms

5411 - 39 AVE. (42 units) PENDING

Wetaskiwin, AB Great suite mix, above grade

STARS INN & SuITES Fort Saskatchewan, AB

Turnkey opportunity. Limited service. 92 room. Modern

amenities. Asking $11,800,000

8255 - 95 AVE. (22 units) PENDING

Edmonton, AB Beautiful southside location, 5 mins

from downtown

BEAVERLODgE MOTOR INN

Beaverlodge, AB 60 rooms. Gross revenue of $4.15

million. Listed at $5,500,000

10651 - 105 ST. (11 units) PENDING

Edmonton, AB Located along the new North

LRT Line

RENTER CENTRE PORTFOLIO (210 uNITS)

PENDING Edmonton, AB

10 Buildings, substantially renovated 5924 - 50 AVE. (14 uNITS)

PENDING Vermilion, AB

2nd lowest rental rates in Vermilion

11209 - 86 ST. (20,000 SF) NEW LISTING

Edmonton, AB Land zoned DC2 ready for immediate development

280 MacLennan Crescent Fort McMurray, AB

Two buildings fully leased. Excellent income. $6,750,000. Great opportunity.

FISHER POWERLINE Fort McMurray, AB

230 Taiga Nova Crescent. For lease. 4,575 SF bay with ample parking

KuuSAMO DEVELOPMENTS Fort McMurray, AB

• 405 Taiga Nova Crescent

• Excellent location

• 10,080 SF available

• Excellent tenants

KuuSAMO DEVELOPMENTS Fort McMurray, AB

• 400 MacKenzie Boulevard

• For sale and lease options available

• Excellent location

• 1,584 SF - 29,040 SF available

• Assigned Parking 185 TAIgA NOVA CRESCENT FOR PROPERTy SOLuTIONS

Fort McMurray, AB• 35,081 SF available• 3.19 acres• For sale or lease options• Excellent location and parking available

TWO COMMERCIAL LOTS PLuS BuILDINgS

Anzac, AB Currently operates as a restaurant with staff accommodations. Excellent recent upgrades

and improvements. $1,400,000.

TWIN TOWERS ON MANNINg AVENuE Fort McMurray, AB

Residential condominium project for sale. Price: $6,900,000.

OFFICE uNITS FOR LEASE Fort McMurray, AB

New buildings currently under construction. Occupancy late 2012.

MACKENZIE INDuSTRIAL PARK Fort McMurray, AB

3,750 SF shop for lease. Available immediately

ACuREN BuILDINg Fort McMurray, AB

240 Taiga Nova Crescent. 12,978 SF for lease

RV PARK Fort McMurray, AB

140 lot RV Park on 29.04 acres. Located near Airport Road.

145 MACMILLAN ROAD Fort McMurray, AB

Land & building with great tenants fully leased. NOI $721,00. Excellent investment

with escalation annually.

Mark SwaenepoelDIR +1 780 969 3037 [email protected]

Andrew SimpsonDIR +1 780 969 3001 [email protected]

Mike KeatingDIR +1 780 969 3028 [email protected]

Matthew BestDIR +1 780 969 3036 [email protected]

Jeff grobmanDIR +1 780 969 3031 [email protected]

Steven PearsonDIR +1 780 969 3023 [email protected]

LAMONT DEVELOPMENT LAND

NE-20-55-19-W4, Lamont, AB FOR SALE - JUDICIAL LISTING

Future mixed use. 143 acres. Attractive financing available.

Price: $10,000/acre

REDWATER LANDSE-36-57-22-W4, Redwater, AB

FOR SALE

Within town limits, 120 acres residential development land.

Price: $15,000/acre

www.edmontonapartmentbuildings.ca

ATHABASCA LANDS 55 & 34 Street, Athabasca, AB

25 acre, commercial lands development site. C3

(Commercial) and UR (Urban Reserve) Zoning. Exposure to

Highway 55 and gateway to Fort McMurray.

HINTON LAND 816 Carmichael Lane, Hinton, AB ±1.18 acre, highway commercial district (C-3). Great exposure

along Highway 16. One of the last development sites along Highway 16. Excellent retail opportunity.

Amit groverDIR +1 780 969 3006 [email protected]

Jandip Deol, CADIR +1 780 969 3043 [email protected]


• Located in Spruce Grove on Jennifer Heil Way.• North of Hwy 16. • Adjacent to Superstore and Home Depot.• Parcels from 1 – 3.75 acres.

www.cwedm.com780-420-1177

1-877-429-9373

2300 Sunlife Place, 10123 - 99 StreetEdmonton, AB T5J 3H1

INVEST IN THESE OPPORTUNITIES

VINET’S VILLAGE MALL 63,000 sq. ft.; largest retail strip mall in Vegreville.

For Sale - $91.50/sq.ft.

MULTI-FAMILY PROPERTIES

WESTLOCK SHOPPING CENTRE64,218 sq. ft.; Peavy Mart, Bargain Shop.

For Sale - $49/sq. ft.

FOR SALE - STETTLER SHOPPING CENTRE, STETTLER, ABThis 91,403 sq.ft. retail centre has numerous national and regional tenants, such as The Brick, ATB and Peavy Mart. Located at Hwy 56 & Hwy 12, Centre adjacent to Wal-Mart, Boston Pizza & Canadian Tire.

Sale Price - $62.50/sq. ft.

WESTBAY CENTRE• +40,374 sq. ft. office/warehouse building

excellent tenant mix.• Dock and grade loading.• Ideal owner/user building with income.• Asking $6,000,000.

MULHURST BAY CROSSING132.4 acres on Pigeon Lake; area structure plan approved for 207 units and 200 site RV seasonal park; 10.28 acres commercial development site.

INDUSTRIAL BUILDING FOR SALEEasy access to Yellowhead & St. Albert Trails, as well as Anthony Henday Drive. Three building complex, fully leased with five tenants. $6,200,000.

Contact: Jeff McCammon or Doug [email protected]

Contact: Ian [email protected]

Contact: Chris Kamphius or Raphael [email protected]

DEVELOPMENT OPPORTUNITIES

COMMERCIAL CONDOS3,000 - 9,500 sq. ft.; Perfectly located on Fort Rd. at Wayne Gretzky Drive and Yellowhead Trail.Starting at $110/ sq. ft.

Contact: Burke [email protected]

+/- 0.947 ACRES: Valemount, B.C. Zoned C3 (Service Commercial). $49,500.

+/- 1.05 ACRES: Valemount, B.C.. Zoned HC (Highway Tourist Commercial). $455,000.

+/- 6.84 ACRES: Fronting St. Albert Trail, Zoned IB (Industrial Business). Two separately titled lots. $6,220,000.00.

+1.18 ACRES: Well located with direct expo-sure to 50th St., Zoned CSC (Shopping Centre). $1,362,000.

+19.49 ACRES: Great access to Anthony Henday & Highway 16, Zoned IM (Medium Industrial).

PRIME WEST EDMONTON LAND• 3.34 acres Zoned RA7• Ready to build – up to 172 units• Asking $4,175,000

Contact: Dave Cooney or Doug Fogg - [email protected]

• Nisku site has 20-year land lease in place. • Site will include Petro Canada Convenience Store/Gas Bar and A&W Restaurant. • Asking Price: $3,600,000. (PENDING)

DEVELOPMENT LAND IN HIGHTRAFFIC AREA

FUTURE PETRO CANADA RETAIL SITE

Contact: Doug [email protected]

OFFICE/RETAIL PROPERTY • Located in Central Edmonton• Long-term tenants include River City Credit Union & Rosario’s Restaurant.• Price: $3,600,000.

• Three development sites; 0.62 to 1.09 acres; Located in Sherwood Park.

• 41 units in Fox Creek; 17 2-bdrm; common areas upgraded.

• Elinor Lake Resort; 150 acres of lakeside resi-dential land near Lac La Biche, AB.

• 29 units in two buildings in Wetaskiwin; 80% 2-bedrooms.

• Highrise site in Rutherford; 1.02 acres zoned for 105 units in dynamic area.

• High density development sites & apartment opportunities in Wetaskiwin.

• Lac La Biche Mobile Home Park, 58 pad and 157 acre site.

• 83 units, Morinville; 10 minutes from St. Albert; built 1980.

Contact: Ian Newman or Dennis [email protected]

BC Championship Golf Courses For Sale • Par 72, 6616 yards, 18 holes • 12,000 sq. ft. club house w/ pro-shop, restaurant, lounge & banquet facilities • Driving range included • 8,000 sq. ft. custom built home • Plans for redevelopment of a 200-room hotel & convention centre

• Par 71, 6416 yards, 18 holes

• Located within an ocean side community • 9,000 sq. ft. club house w/ pro-shop, locker rooms, restaurant/bar & banquet facilities • Excess land for residential development

ERIC POON 604.714.4768 / KELVIN LUK 604.714.4766 macdonaldcommercial.com

PRICE $4,900,000PRICE $9,800,000

Duncan, BC Qualicum Beach, BC


St. Albert demands Canterra ante upThe City of St. Albert city council

voted unanimously in September to stop subdivisions in its Kingswood neigh-bourhood until Canterra Developments Corp. provides a park and school site.

“Over the last decade the city has tried numerous times to work with the developer to find a way to accommodate the needs of both the developer and the community,” said Mayor Nolan Crouse.

“We are deeply frustrated and disappoint-ed in the actions and stance of the devel-oper for sacrificing the community’s interest to uphold [its] personal preferences.”

Canterra is cool to the idea of a high school for Kingsway, or an easy connection that will facilitate high-school traffic. The developer wants only an elementary school to be permitted in the community.

Canterra president Murray Brown was quoted in the St. Albert Gazette, the city’s largest newspaper, as being unapologetic regarding his company’s plans. His remarks were controversial and may anger some teenagers.

“In our opinion, they don’t make for great neighbours,” Brown told the newspa-per, which went on to quote him as saying, “I think that’s our assessment of how we feel about teenagers in general …”

The ongoing issue remains in the higher-end suburban city: residents of Kingswood are still without either a finished park or a neighbourhood school at this point.

Okotoks (finally) moves to lift growth cap with land grabThe growth cap is off for one of

Alberta’s fastest-growing towns.Okotoks town council voted ear-

lier this fall to support a continuous growth model for the Foothills com-munity of 25,000, located roughly 15 minutes south of Calgary.

That means rather than sticking with a population cap of between 25,000 and 30,000, Okotoks will look to start annexing land on its fringes in the Municipal District of Foothills. Okotoks was the 10th-fastest-growing community in Canada from 2006-11, with 42.9 per cent population growth.

“Okotoks town council looks forward to working with administration and the pub-lic to develop our plans for future development in Okotoks,” said Okotoks Mayor Bill Robertson.

The town has been seriously studying whether to move beyond the estimated build-out population of between 25,000 and 30,000 since 2008.

While public feedback on the issue has been mixed, Okotoks council believes that a majority of its citizens consider growth inevitable, and that solutions need to be found for the town’s future water supply that will allow for the quality of life to be maintained in the community.

The town’s primary water source is the Sheep River, but with no cheap access to more water from the river to accommodate growth Okotoks will need to take further steps to buy up existing water licences in the area to allow for growth.

The town also expects it will have success working with the surrounding district on the issue, despite the fact that new Foothill subdivisions are contributing to growth pressure in the community.

Robertson said Okotoks has a long history of successful ventures with its rural neigh-bour, including development of industrial lands and recreation facilities.

Big-city building numbers jumpWith two-thirds of 2012 behind them,

building activity was up in Alberta’s major cities by about 7.9 per cent in Calgary and a somewhat more impressive 13.7 per cent in Edmonton.

Still, Calgary was way ahead in total new construction, hitting $3.33 billion for the first eight months of the year, ahead of Edmonton’s $2.2 billion for the same period.

Residential growth has been the big engine in Calgary this year, with single- family residential permits up by more than 490 units and overall residential construction up by almost 26 per cent. Non-residential permit values were down about 7.8 per cent.

Edmonton’s increase was evident almost across the board, with only the institutional sector’s building activity lower in the first eight months of the year.

Calgary housing sales are also up for the first nine months of the year, rising 15 per cent over 2011.

Natives eye casino expansionThe Tsuu T’ina First Nation wants to

add significantly more development to its casino site on the edge of southwest Calgary.

The Tsuu T’ina announced plans in late September for a $65 million expansion of its Grey Eagle Casino project, something some southwest Calgary residents believe should not go ahead without major infrastructure improvements.

Tsuu T’ina plans call for a 4.5-star, 178-room hotel with conference and banquet

facilities to be built adjacent to the existing casino, a 2,000-seat entertainment centre and an expanded gaming-room floor with an additional 300 slot machines.

The casino property is currently accessed via the Glenmore Trail Interchange at 37th Street, which the Tsuu T’ina Nation has no plans to contribute toward upgrading.

Construction started this fall, with the

Okotoks set to expand after 42 per cent growth in five years.

Phot

o: T

own

of O

koto

ks

W h at ’ s h a p p e n i n g i n

alberta

gaming expansion expected to be complete in the spring of 2013. The hotel section, on the other hand, will be finished by 2014. The entire project is expected to create 70 to 100 full-time jobs.

The Alberta Gaming and Liquor Commission approved the gaming expan-sion in April.u

– Compiled by Dave Husdal

We are looking for 1st or 2nd mortgage lending opportunities for:

• Single and multi-family residential developments

• Commercial, industrial and retail developments

• Re�nancing / acquisitions

• Construction / land servicing

• Bridge loans

• Income producing properties

CareVest has been providing its industry leading lending services since 1994. Our integrated real estate services specialize in the investment, �nancing and syndication of real estate mortgages throughout Western Canada and Ontario.






• Bridge loans








• Bridge loans



LAND FOR SALEHansen Land BrokersCalgary & Southern AlbertaDevelopment-Farm/RanchInvestment-Recreational

HANSENLANDCO.COM1-888-652-7212Associate Broker/Lively Realty Ltd

C603561


Sleepy Hollow Campground & Mobile Home Park

12 Acres in Pincher Creek, AB on Hwy 6, 21 Mobile Home Sites, 75 Campsites,

Great location, amenities, opportunity. PRICE: $1,125,000

403-627-2033www.sleepyhollowcampground.ca

• TheRegionalCentreofEastCentralAlberta

• LotsnexttoournewHotelConventionCentreandCasino

• 3to4acreparcels-startingat$175,000peracre

Ray Telford • Economic Development• [email protected] • 1-888-672-4426 •

•camrose.ca•

Contact us for a free information package!

PRIMEHIGHWAYCOMMERCIAL

March Western Investor.indd 7 4/23/2012 2:06:49 PM

7.93 ac C3 Zoning on Hwy 13 opp. of Airport In Wetaskiwin. $729,000

1.70 acre fully serviced industrial lot ready for development. In Stony Plain $559,900

5 acres country residential lots near Drayton Valley $65,000 ea.

39 Ac - Land on Hwy 21. Near Edmonton & Beaumont.

135 Ac - Land on Yellowhead Hwy in Vegreville.

SxS brand new duplex live in one side and rent another or both sides potential rent $1700 per month per side

Goldy SinGh Empire Real Estate Group

780 499 8500 [email protected]

Val ToffoliPhone: 780-707-9395

REALTY ExEcuTiVEs POLARisEmail: [email protected] • www.valtoffoli.com

APARTMENT BUILDINGS• 12 Ste Character Bldg. Central McDougal.

Over 6.5% cap rate. Some upgrades. Seller open to Reasonable Offers!

• 20 Stes – Great Central Location – Extensive Upgrades – Lge Stes – Excellent Mix – 10 Yr Assumable Mtg – 2nd VTB Mtg possible. 6% Cap Rate

• 6 - 200+ ste projects available with 100% Buyer Representation to ensure your best interests are represented 100%! Call for Details.

selling Edmontonsince 1987

WANTED: APARTMENT BUILDINGSHave Qualified Buyers Ready to Purchase!

RICK D. JENKINS bus: 780-990-6120 • cell: 780-990-6120

..email: [email protected] REALTY Commercial Realtor

INVESTMENT PROPERTIES FOR SALE8 suite apartment near proposed new downtown arena - 6 ones, 2 bach, upgraded-call for proforma2 acres on ellerslie road in edmonton, busy south side corridor. now being rezoned to Dc2 for commercial, retail usage development- $1,800,00082 acre parcel adjacent to commercial corridor along st albert trail. proposed land use concept to mixed use for residential/commercial/Business $12,300,00068 fully serviceD moBile Home Bare lanD conDo titleD lots located within a modern mobile Home park in High level, aB. consider as vacant. mls # e1014318 price slashed to $895,000WanteD- investment properties for all ici categories. looking for apartments, commercial/retail buildings, industrial properties etc. free evaluation!

www.swancityrealty.com

For more inFormation call Orest: 780-679-8353

•16UNIT MOTEL in busy Northern Alberta with 100 seat lounge, VLTs, liquor store and restaurant. 2011 Rev. 716,000. Asking $990,000

•63ROOMFULLSERVICEHOTEL in beautiful West Central Alberta. 2011 Rev. $4.8Mil. Asking $7.2 Mil.

•20UNITMA&PAMOTEL very clean with an established guest list. Asking$1.1Mil.

•CAMROSEALBERTA4-PLEX Fully leased. Asking$429,900

•114ROOMFULLSERVICEHOTEL in scenic west oil country Alberta. Rev. $4.0 Mil. Asking $8.7Mil.

•68ROOMFULLSERVICEHOTEL in Central Alberta. Asking$3.5Mil.

•12GUESTROOMOLDERHOTEL with renovated bar in Viking, Alberta. Asking$159,900

•STETTLER,ALBERTA275 Seat Bar with pool tables. Stainless Steel table and chairs, large moveable stage. Large T.V. screen, separate D.J. room, exceptionally clean. Negotiate your own lease. Asking $80,000

ALBERTAINVESTMENTOPPORTUNITIES!

eMAIL: [email protected] • FAx: 780-672-1897Camrose Alberta

PENDING

PENDING

• car wash, I hour from Edmonton: $2.95mil. Sale $600,000

• MOTEL: Asking $3.99 mil 47 Rooms, Bar, 4 VLT’s, Leased restaurant Drayton Valley, AB

• Gas sTaTION + MOTEL, Smokey Lake, AB. $2.1 mil, 25 rooms + leased bay. In Gas: 2.5 mil, In-store : $1.0 mil, Rental income: $80,000

• MOTEL, Whitecourt: $5.25 mil, 111 rooms

• MOTEL (Franchise) Medicine Hat: $5.79 mil, 70 rooms

Thomas Koh (cIr)

[email protected]

INVESTMENT PROPERTY

FOR SALE INSYLVAN LAKE, AB

5.08 acres within 2 blocks of the lake. Currently used as Mobile Home and RV lots.

Call Cliff 403.844.5507or Irwin 403.844.1581

EQUITY WARRANT AVAILABLE FOR EDMONTON & SASKATOON PROPERTIES

Purchased in 2007 income producing property centrally located in Sakskatoon. 11 recently upgraded apartments. All rented with excellent tenants. Refinanced til 2016. Mortgage $565K Market value $1.2 - $1.3M. Available equity warrant at $600K.

Condo purchased in 2007 centrally located in Edmonton, financed til mid 2013. Market value $140K - $150K. Equity warrant $145K.Owner wishes to redeem equity in both properties for $745K. Serious parties only. Will consider swap in France.

Please contact by e-mail [email protected]

•40 acres in the Town of Olds, some site work completed on 1st phase of 40 lots remainder potenti al for MF ............. $2.9 M

•80 acres nice recreati onal property..$189,000

•11 acres SF/MF dev. site ..............$600,000

•116.2 acre hwy 2 Athabasca ......$1,150,000*Terms considered on above properti es*

Call ANGELA BRANDENBURG(780)-439-9818 / 780-266-3888www.Edmonton-Homes-Land.com

1-800-661-6988

BIGOpportunities BIG and small.

land; multi-residential, buildings and business opportunities every month in

the Western Investor.

current offerings• A Flagged full service Hotel in superb condition,

great location, continuous flawless operational performances delivering outstanding revenues and N.O.I., existing good financing that may be available to a qualified Purchaser; very good potential up-side under continued good management. Asking $36,000,000

• A Commercial Building fully leased and has tremendous Imminent Re-development potential with a “10 FAR” and no Height Restriction on this sizable piece of property, located in the Centre Core of a very, very dynamic City of substantial economic growth that has created a huge demand for various types of facilities associated with City Centre Locations, as such this property has great potential for maximizing value.

Asking $14,000,000

• A Flagged Limited Service Hotel with an excellent mix of rooms and suites, a prime location, superb condition - no deferred maintenance -, very impressive revenue performances that are continuously increasing year over year, thus representing a tremendous potential upside going forward. Asking $32,000,000

• A Flagged Full Service Hotel, excellent condition no differed maintenance, first class Location that speaks for itself, superb occupancy and resultant revenues, mortgage financing at a very good rate, an investment the ultimate Purchaser will be very pleased to have in its investment portfolio. The up-side of this great Hotel going forward, is very good. Well priced at $26,500,000

• A flagged Limited Service Hotel with various amenities and various conveniences, excellent condition, highway exposure in an area of superb economic growth that very good revenue performances, which shows substantial up-side potential going forward under continued good management. Asking $14,500,000

• A Flagged 99 Room Full Service Hotel featuring a number of Suites and Lofts in its room mix, extra vacant land that will facilitate a significant number of additional rooms, large Conference/Banquet area with excellent facilities, Restaurant/Lounge, Fitness Centre; a very recent complete up-grade renders the Hotel in superb condition with no differed maintenance currently.

Asking $12,000,000

• A Full Service Hotel featuring a significant number of large Suites among many other outstanding features, highway location in an area of substantial long term economic growth, superb operational performances from all of its divisions - including its VLT Machines -; further, it a has a number of acres of additional land that may be utilize for addition to the Hotel and/or separate development.

Asking $13,900,000

• 148.41 Urban Reserve Land with potential uses for highway commercial and residential in a town with tremendous growth potential going forward, Very reasonably priced at $2,990,000

TWO OPPORTUNITIES FOR YOU NEAR RED DEER ALBERTA

John Verbitsky 403-341-9166 [email protected]

RE/MAX Sun Country Realty

11,000 sq ft building on 3.51 acres of prime industrial land on Innisfail’s truck route. Included are offices, kitchen, wash bay and 1 bedroom suite with lots of room. Asking $1,490,000 with commercial equipment or offer as a great shop.


Details:$4,480,0004 Bedrooms6 BathroomsFloor Area: 5,600 sq ftLand Size: 2.05 AcresYear Built: 20122-5-10 Warranty

Gino Muoio Warren Sing604.240.5882 604.617.0225 [email protected] [email protected]

Details: • 4 Bedrooms • 6 Bathrooms • Floor Area: 5,600 sq ft Land Size: 2.05 Acres • Year Built: 2012 • 2-5-10 Warranty $3,880,000

Are you looking for that special home that leaves all your troubles behind when you arrive? This fabulous brand new 5,600 sq ft masterpiece offers luxury & serenity, yet is only minutes to the lake, shops & amenities.

Situated on a private 2.05 Acres offering sweeping views of Okanagan Lake, City and Mountains as a wondrous backdrop from your expansive patio. Your backyard offers a private pool, a beautiful vineyard, gorgeous landscape & a world class winery as your neighbour. The home offers a 5-car attached garage (heated). Ultra modern fi nishes inside with elevated ceilings & an open great room concept make this home fl ow beautifully. Included are a state of the art gourmet kitchen, breathtaking master ensuite, theater room + oversized rec room. For the discerning buyer only! Call for more details.

4920 Chute Lake Rd., Kelowna, B.C. MLS#: 100551174920 Chute Lake Rd., Kelowna, B.C. MLS#: 10055117

STEP INTO PARADISE

w w w. b e l a i r r e a l t y. c a

CALGARY OPPORTUNITIES

KEN WITHER • 587-215-2245 • [email protected] • RE/MAX House of Real Estate

RETAIL BUILDING IN SW, CLOSE TO NEW LRT LINE5100 sq ft building for sale, fully leased. $1.599M

PROPOSED 200 UNIT CREW CAMP IN HEART OF OILFIELDSTurnkey operation with management in place and potential high returns to investor. Investment $6M.

10 ACRES FOR SALE, BALZACInvestor looking to sell his 10 acres within a syndicate

Prime Real EstateRReeReRReRSylvan Lake, Alberta

BUSINESSES • COMMERCIAL LAND • LAKEFRONTS Central Alberta

Pizza Business, Restaurant/Bar Business, Land & Building across from the Beach.

Call CARL STEPP cell: 403-358-9300

www.sylvanlakehouseguy.com

partnership.performance.

780.428.7850

Alberta Multi-Family P o r t f o l i o

www.avisonyoung.com

Peace R iver & H igh Level

92 Apartment Suites & 23 Motel Suites

I n v e s t m e n t OppOrtunIty

Average Cap Rate: 7.63%Price: $6,035,085 (52,479/unit)

Paul ChaPut - PrinCiPal - investment [email protected]

Cody nelson - assoCiate - investment [email protected]

• 4000 sq ft Penthouse Office Space For Lease on 17 Ave SW

• Industrial Office Space on Burbank Cres SE

• Fine Ethnic Restaurant with Great Location $349,900

• Storm Door Business $289,000

• Window Manufacturing Company $729,000

• Specialty Coffee Shop $125,000

• Buyer Brokerage for Alberta Multi-Family Properties and Western Canada Golf Courses

Bus: (403) 240-4000www.toolepeet.com

Email [email protected] to Receive Our Current Alberta Apartment Report!1-800-661-6988

LEADAdvertisers get qualified

calls from the Western Investor

BUSINESS & INVESTMENTS

MOTEL IN SUNDRE * Asking: $2.49M * SALES: $752,047 * NOI $366,681 * 25 UNITS * 17 VLT’S

MOTEL IN DIDSBURY * Asking: $650,000 * Busy motel * 17 Units + 30 Seat restaurant

MOTEL IN MOSSLEIGH * Asking: $549,500 * Busy motel * 17 units + 14 RV parking stalls

STRIP MALL IN CARSELAND * Asking: $2.2M * NOI: $140,400 * Building size: 12,600 sqft

RETAIL BUILDING IN CALGARY * Asking: $669,500 * NOI: 35,800

GROCERY STORE IN MORSE, SK * Asking: $249,000 * Sales: $733,140 * Only grocery store in the village

LIQUOR STORE IN TROCHU * Asking: $430,000 * Sales: $885,886

LIQUOR STORE IN VULCAN * Asking: $280,000 * Sales: $528,000

rocky parkcIr rEaLTy

403-681-7512www.rockypark.ca

B22 Alberta www.westerninvestor.com NOVEMBER 2012 WESTERN INVESTORWESTERN INVESTOR NOVEMBER 2012 www.westerninvestor.com Alberta B23Commercial,Industrial & ResidentialFinancing

P (403) 290-1990F (403) [email protected]

Obtaining Mortgages and Loans can be made Easy &

Simple!

Contact:Frank Hickey LOCATION - LOCATION – LOCATION Farm Land & Buildings absolutely gor-

geous house 10 minutes east Red Deer on dead end road complete peace & tranquility beside Red Deer River! Newer 2100 sq ft home - 5 bed 4 bath - 840

sq ft master w/ huge ensuite to 3000 sq ft wrap around deck, hot tub in all-weather gazebo! Spectacular view 116 acres, 32x48 heated shop & HUGE GENERATOR! Horse lover’s paradise - cross fenced - auto waters - all in hay! ALL FOR $895K! Call Ivan for VIDEO TOUR!

GAS STATION/CAR WASH - CONVENIENCE STORE

Light Industrial Building in Meridian Industrial Park Zoned I2 (general light industrial district, so open many types businesses)! 9200 sq ft foot print with 4 bays 12x14 doors & 21’ ceilings and 3 phase power throughout. 3252 sq ft office upstairs - marble & granite flooring. 1 board room - 9 offices, Executive Private Office with shower & views of downtown & moun-tains - lunch room and bldg fully leased with long term tenants! On 1.06 acres fully fenced perimeter. Very well maintained with ALL NEW SBS rolled on roof - radiant heaters - Ac units - windows & flooring - front 20 space parking lot paved. All done within the last year. Also have 2010 Phase II Environmental Report and a current 2011 RPR! 10 minutes DOWNTOWN CALGARY & AIRPORT! Few blocks from Trans Canada Hwy & Barlow Trail. Call Ivan for info & Video Tour!

Long Term Investment Land in RED DEER CITY GROWTH PLAN 1 mile west of City of RED DEER on Hwy #11! Location prime for Convention Hotel - Big Box Stores or Highway Commercial or

Country Residential & 1/2 mile Hwy frontage! OR Build your EXECUTIVE HOME with million dollar view: City of Red Deer as surrounding 1/4’s have high end executive homes on them and wait for City to come to you! Utilities -Well - Septic & laneway in place! Call Ivan for Info & VIDEO TOUR!

BUY with KNOWLEDGE SELL with CONFIDENCE

CALGARY COMMERCIAL REVENUE BUYERS!

IVAN BRANDT Maxwell Real Estate Solutions Ltd.Call: 403.350.9603 Email: [email protected] Check out Ivan’s

Video Tours of all these properties!

www.ivanbrandt.com

Commercial Real Estate, Franchises & Business Opportunities

Media Kit On-Line @ www.westerninvestor.comcall toll free 1-800-661-6988

604-669-8500

Market your listings in the Western Investor. Thousands of private investors and real estate

professionals use the Western Investor to help guide their investment dollars into profitable businesses.

MAKE MORE DEALS▲

DECEMBER AD DEADLINE: NOVEMBER 13TH

Report: Residential outlook 2013Ski resortsNative land leasesFranchise NewsLifestyle PropertiesRegional Roundups:BC: Victoria AB: OkotoksSpotlight: North Battleford, SK

B22 Interior British Columbia www.westerninvestor.com NOVEMBER 2012 WESTERN INVESTORWESTERN INVESTOR NOVEMBER 2012 www.westerninvestor.com B23

I t is not hard to find clues to the growth in Estevan: building permits are aver-aging nearly $3 million per month,

there is high demand for industrial land and residential rents are the highest in Saskatchewan.

While most equate this city of 12,000 with oilpatch plays, according to land develop-ment manager Rob Denys, “We have a very diversified economy.” While the traditional money makers – oil, coal and farming – still dominate, Estevan is also becoming a unique centre for carbon capture storage technol-ogy.

In fact, a 3.3-kilometre-deep hole – the deepest ever in Saskatchewan – has been sunk near Estevan as part of a multibillion-dollar venture that will be the first commer-cial-sized exhibit of carbon dioxide capture and storage techniques when it completes next year.

The well will be used as a deep saline car-bon dioxide storage site for SaskPower’s Boundary Dam carbon capture project. Together the two will meet emission reduc-tion targets by taking captured CO2 gases and driving them deep underground.

“This project is already the first of its kind in the world, so to find that we drilled the deepest well is a nice surprise,” said Malcolm Wilson, CEO of the Petroleum Technology Research Centre (PTRC).

The deep well is the primary storage shaft for Aquistore, a $26.5 million research proj-ect that is the first commercial-scale deep

saline injection project in the world. PTRC is attempting to demonstrate that deep geo-logical storage of industrial CO2 is safe and economically and environmentally feasible since it is geared toward reducing greenhouse gases to meet Canada’s climate change goals.

The dam refit will be pumping approxi-mately 110 megawatts of electrical power into the Saskatchewan grid while capturing most of the carbon dioxide and other nox-ious and useful gases. CO2 can be used as an agent to enhance oil-recovery practices in the

COVER “Energy City” welcomes first private residential developers in years as investors stake claims

WI STAFF

WESTERn InvESTOR

southeast Saskatchewan oilpatch. “The Aquistore project is an important one

as it puts Estevan and Saskatchewan on the world stage,” said Wilson.

I t’s innova-t ive job gen-erators such as this that have pushed Estevan

to the frontline of economic growth in Saskatchewan.

In a recent study of current and future development plans for the City of Estevanit was noted the city had issued $22 million in building permits through August and antici-pated total construction values for the year

Phot

o: E

stev

an M

ercu

ry

will be in the $35 million range. If permits do hit that total, it would give

the city an impressive five-year average of almost $40 million. The figures include 586 housing units, which have been constructed in just under five years, as well as 200 hotel rooms.

Industrial On the industrial side, the report noted that the Glen Peterson Industrial Park, which opened in 2009, has seen relatively strong interest. Currently the park is home to the Saskatchewan Energy Training Instituteas well as a handful of businesses. There are still six lots available in the park and the city is getting daily inquiries about available property. Denys said a serviced acre in the park is selling for around $200,000.

The city sold 18 acres of land directly north of the industrial park to an Edmonton-based developer in 2011. The mixed industrial/commercial development will also see the start of the extension of King Street to nesbitt Drive.

As well, some of the land that was trans-ferred by the RM of Estevan to the city has been reserved for industrial uses.

More hotels On the commercial side, the report focused on the city’s northeast commercial area. The city has sold land in the area to developers for two more hotels and construction is expected to begin later this year or in early 2013.

It’s expected development in the area will be will also include an office building, strip mall and restaurant. There are also plans for a strip mall/residential complex in the area that will provide 24 much-needed rental units for Estevan.

“The Aquistore project puts Estevan on the world stage”

Please see Energy page B24

Saskatchewan

(L-R) Trimount Estevan Development’s Matt Rood, Jason Fleury and Mike Reinhaller open first new privately build residential subdivision in years.

Estevan powers up

B24 Saskatchewan www.westerninvestor.com NOVEMBER 2012 WESTERN INVESTOR

Landlords welcome“We have 1 per cent rental vacancy rate,” Denys said, noting that the vacancy rate has been below 2 per cent for years. Demand from transient workers means that two-bedroom apartments now rent for north of $1,100 per month, the highest in the prov-ince.

As a result, the City of Estevan is offer-ing two-year property tax holidays and other incentives to anyone who builds permanent rental apartments under its CANDO pro-gra,.

Recently, six low-cost rental units were included in a 12-suite project by SV Rental Corporation, but the project required $1 million in federal and provincial assistance. Along with the money from the two upper levels of government, the City contributed by offering tax breaks.

Residential developers, however, are con-centrating on market housing in an effort to cash in on the resource-fuelled boom.

The first private residential development in years kicked off in September with the launch of a new subdivision by Trimount Estevan Developments Ltd. The land, covering 84 acres, was bought from the city, which is tra-

ditionally the largest land developer.Mike Reinhaeller, vice-president of oper-

ations for Trimount, noted that 22 acres is being dedicated to the first two phases of the development that can expand to embrace as many as 230 single-family homes.

All services including sidewalks, curbs, water and sewer should be completed by December, with most of the properties in Phase 1 already serviced, Reinhaller said.

Building sites have been prepared for the first 37 single-family residences, noted Terry Germain of Century 21, the agents for the property sales.

Councillor Chris Istace, speaking on behalf of the City of Estevan, said it realized that the best way forward on housing plans is to partner “with those who know how to build homes.” Istace added that “this developer is taking the ball and running with it and mak-ing a full integration into a community ... not just homes.” He added these were the kinds of projects that had to roll out if Estevan was going to fill the 1,200 job vacancies that exist in the city and immediate area.

Another development in the north of the city – the Meadows of Estevan project by Essex Developments – is in the works as well.

Essex owns 118 acres in the area but the

current infrastructure only has the capacity to service 33 acres.

These acres will have space for single-family, duplex, townhouse and multi-family dwellings and could have room for 3,000 people when fully completed.u

– With Norm Park and Chad Saxon, Estevan Mercury

Map: we have to make upQuick facts

Estevan SK

Population 12,000Average house price $245,0002 bedroom rent $1,100Acre industrial land $200,000

✪ESTEVAN

U.S.A.

39 Weyburn

Moose Jaw Regina

SASKATCHEWAN

1

Estevan, SKPopulation 12,000Average house price $245,000Two-bedroom rent $1,100Acre industrial land $200,000

Quick factsENERGY from B23

• Newly developed industrialbuildings

• Minimum 1,612 sf, maximum 4,216 sf contiguous space available immediately• 9,456 sf in Phase II available Spring/Summer 2013Sale Price: $160.00 psfLease Rate: $14.00 psf

Contact:Art Ingleby or Jeff Sackville

[email protected]@ay-sk.com

• Solid business with an excellent track record in a great location.

Asking Price: $650,000.00

• Two retail auto & agro supply outlets and their supply warehouse• Financial information available upon signing of Confi dentiality Agreement• Leases to be negotiated as condition of sale

Asking Price: $3,200,000.00

Moose Jaw LocationRegina Location

Business For SaleRegina & Moose Jaw, SK

Business For SaleRegina, SK

For Sale/For LeaseWeyburn, SK

306-359-9799 See these properties and more on our website: www.avisonyoung.com 306-359-9799

Saskatchewan Real Estate Solutions!





Fabulous acreage ideally located on the rolling plains just 12 minutes east of Regina. 156 acres w/ potential to subdivide 132 of those acres into app. 28 acreage sites. Existing buildings include a 1996 blt. 1603 sqft walk out bungalow w/ triple attached heated garage and a 36x40 heated shop. Beautifully landscaped yard straight out of Better Homes & Gardens w/ over 10,000 trees, numerous flower beds, shrubs etc. Excellent well for unlimited water. K-12 school 3.5 miles away in Balgonie. Asking price $1,600,000 Contact Geri Ivey 737-1233 or Keith Bartlett 535-5707

Sutton Group Results Realty

To take a virtual tour go to: http://www.myvisuallistings.com/vt/92157

Approx 3600 acres of land within 20 minutes of Saskatoon -

one of Canada’s fastest growing cities

3,600 ACRES

For more information contact:James Hunter Coldwell Banker Rescom Realty

[email protected]

or sasklandhunter.com

Package includes:• Prime farmland• Acreage potential subdivision land• Investment property.• Acreage lots Approx 40 acres can

be further subdivided

LENDER DIRECT FOR MB, SK & AB PROPERTIES

RESIDENTIAL & COMMERCIAL

CALL 1 866 405 1228

EQUITY LOANS

Don Fry rE/MAX Don Fry(306) 222-0053 or 1-866-664-3800e-mail: [email protected] Photos at www.saskrealty.com

EQUESTRIAN CENTRE

NorthFork

Property consists of a 1360 sq. ft. bungalow home with solarium. Home has five bedrooms, 4 bathrooms. Centre has 137’ x 59’ arena, 116’ x 58’ stable, 95’ x 36’ hay shed, 40’ x 16’ suite over stafles, 20 box stalls, 3 dug outs, paddocks and corrals. Set on 148.64 acres. 15 minutes north of Saskatoon. MLS. $990,000.

WESTERN INVESTOR NOVEMBER 2012 www.westerninvestor.com Saskatchewan B25

Walter Tymofievich928-726-9638 [email protected]

Mt. Sentinel Realty Ltd.

estevAn, sAsKAtchewAn

Mobile home Park, 4 Residences,

12 new KitchenettesMost booming city is Sask.,Oil, Gas & Agriculture.14 acres, of mostly all new development.

Asking Price: $3.3 MillionShowing a net return of 11.45% +

10 Acres commercial Zoned with 12,600 sq. ft. shop

600 Amp 3 PhaseConc. FloorAll servicesavailable

Asking price: $800,000

Accelerating success.SaSkatchewan

CIR Commercial Realty Inc. / 306 789 8300 / www.collierscanada.com/reginaColliers McClocklin Real Estate Corp. / 306 664 4433 / www.collierscanada.com/saskatoon

FOR sale

FOR lease FOR saleFOR lease

FOR sale/lease

FOR sale

• 46 lots available • 2.5-acres to 6-acres

PARKER INDUSTRIAL PARK

• List Price: $125,000 - $250,000 Excl.

Glen Hill | 306 535 0604 | [email protected] Ken suchan* | 306 221 1825 | [email protected]*ken Suchan is a Licensed Broker with ken Suchan Realty Inc. and has a contractual relationship with colliers Mcclocklin Real estate corp.

Kevin Jonhson | 306 281 9929 | [email protected]*ken Suchan is a Licensed Broker with ken Suchan Realty Inc. and has a contractual relationship with colliers Mcclocklin Real estate corp.

• 4,000 SF 2-storey office with 4,755 SF warehouse • Ample secured parking area • One block east of the new Station 20 West Community Centre

1008 20TH ST W

• List Price: $950,000 • Net Lease Rate: $9.75/SF MLS®

*ken Suchan is a Licensed Broker with ken Suchan Realty Inc. and has a contractual relationship with colliers Mcclocklin Real estate corp.

• 34,800 SF New Class A office with LEED® Gold Certification (targeted)

• Located on the corner of Wall Street and 24th Street with 62 on-site parking stalls and main floor retail available

• Roof-top green space

220 WALL ST

lloyd Minion | 306 221 4249 | [email protected]

3703 KOCHAR AVE1500 QUEBEC AVE • Residential/commercial development • 87.41-acre site • Located in the progressive town of Langham - 20 minutes from Saskatoon on Highway 16

LANGHAM DEVELOPMENT

• List Price: $1,430,000 ($16,360/acre) MLS®

FOR sale

• Two (2) 160-acre lots • North quarter two (2) miles east & half a mile north of 8th Street East

• South quarter three (3) miles east & adjacent to 8th Street East

SASKATOON EAST 320-ACRES

• List Price: $1,100,000 (north 1/4) $1,200,000 (south 1/4) MLS®

1212 12th ST - HUMBOLDT

FOR sale

• Redevelopment site • 17.65-acres of land • Close proximity to golf course, new 42-bed hospital, and two (2) elementary schools

• Located in the north-end of Humboldt at intersection of Main Street and 12th Avenue

• List Price: $3,700,000 MLS®

lisa Matlock | 306 380 4812 | [email protected]

• Industrial condos • Bays 1,4,5 - 3,000 SF • Bay 3 - 4,000 SF • List Price $555,000 (Bay 1 & 5) • List Price $540,000 (Bay 4) • List Price $720,000 (Bay 3) MLS®

lloyd Minion | 306 221 4249 | [email protected]* Buyer incentive of $9.00/SF for next two (2) bays sold

• Great exposure on high-traffic corridor • Office/retail located on the corner of 36th Street and Quebec Avenue

• 97 on-site parking stalls • Newly renovated • Net Lease Rate: $16.50/SF MLS®

lloyd Minion | 306 221 4249 | [email protected]

Rendering

lloyd Minion | 306 221 4249 | [email protected] Paziuk | 306 241 8884 | [email protected] Peberdy | 306 221 6090 | [email protected]

Ken suchan* | 306 221 1825 | [email protected] Jonhson | 306 281 9929 | [email protected] Jonhson | 306 281 9929 | [email protected] suchan* | 306 221 1825 | [email protected]

• Net Lease Rate $32.00/SF MLS®

Downtown Office: 306.664.6116

North Office: 306.933.2929

Regina Office: 306.721.6116

ICR Commercial Real Estate

“Saskatchewan’s largest commercial real estate company”

www.icrcommercial.com

Investment opportunItyFor sale – real estate311 Gladstone Crescent, saskatoon, sKLand Size: 3 acres (375’ frontage)Ideally situated in the North Marquis Industrial areasale price: $1,197,000.00 Contact: John Kachur or Josh Walchuk

For sale - Great loCatIon 2174 airport Drive, saskatoon, sKBuilding Size: 28,663 sq. ft. Land Size: 1.33 acres Prime Airport location, great access sale price: $4,500,000.00Agents: Jim Wotiuk and John Kachur

Investment opportunIty1201- 101st street, north Battleford, sKAnnual Net Income: $72,000Cap Rate: 8.47% Excellent Retail locationsale price: $750,000 Contact: Ken Kreutzwieser

SOLD

For sale - InDustrIal ConDos 3919 Brodsky avenue, saskatoon, sK 2,631 sq. ft. - 4,107 sq. ft. unitsBuilding Size: 16,105 sq.ft. Located in the North Marquis Industrial arealisting price: $175 PSF Contact: Barry Stuart & Kelly Macsymic

Ajit MAthAru 306-581-3130

Email: [email protected]

regina connection!24 Unit Apt. Renovated - Moose Jaw $2,500,000

Panago Pizza - Regina - 15 years $450,000 cond/sale

23 Unit Motel - Bonnyville, AB $1,250,000. Room Sale $400,000

20 Unit Motel - Drayton Valley, AB $1,250,000

24 Unit Motel - McCreary, MB Full Service - $750,000

40 Unit Motel w/ 98 RV & 23 Mobile homes - $8,400,000 (First Time on

Market - Exclusive - Over 30 yrs in family!) Moose Jaw

Truck Stop Gas / Restaurant #1 Highway w Card Lock - $2,600,000

Moose Jaw

Highway Commercial #1 Highway - 10 acres - $2,200,000

Moose Jaw

Office Complex - Regina, SK 2 Storey - $2,649,000. On 40,000 sq.ft.

lot + 24,000 sq.ft. 3 storey

homelife crawford real eSTaTe

SASKATOONAPARTMENTS

WANTED!Call DEL PETERS REALTY

306.934.3151www.delpetersrealty.comFarm & Acreages Specialist - Call for info 306-222-7770

grain land investment

opportunities25% doWn BalanCe mortgage (oaC)

Call today for your opportunity

ed Bobiash Farm & Acreage Specialist

306-222-7770 • [email protected] www.saskland4sale.com

RE/MAX Saskatoon

Wintonyk Grain Land MLS® 436985 $459,900 Good Grain Land on Highway 40 West of Blaine Lake. 445 Acres in the RM of Redberry #435.

Vayro Horse Farm MLS® 442391 $379,900 160 acres with a great 6 bedroom, 3 bathroom, 2,220 sq ft family home near Sonningdale. 2 Barns, outdoor riding arena, fenced, spring fed dugout.

WinGard Ferry MLS® 425965 $224,739Great Views of North Saskatchewan River on West Side of Wingard Ferry Crossing. Mixed Forest and Grassland.

B26 Manitoba www.westerninvestor.com NOVEMBER 2012 WESTERN INVESTOR

Martin Harder isn’t messing around with the worker short-age in Winkler.

The mayor of Manitoba’s sixth-largest city needs 200 people immediately to fill a variety of jobs, most of which are in the manufactur-ing sector. And if they won’t come to him, he’ll go to them.

He’s joining a Manitoba delegation to a job fair in Ireland this month and is hoping to convince as many people as possible to immigrate to Winkler.

A recent change to immigration laws in Manitoba requires that newcomers have a good grasp of the English language. In the last few years, many immigrants to Winkler and other southern Manitoba communities

have come from Russia and Ukraine.“We’re struggling a little bit. We know of

lots of Mexicans who would like to come here, they’re excellent workers, but they really struggle with the language. So we have to look at different countries,” he said.

Harder is optimistic that the pending arrival of a Chinese company, Grand Foods, which is setting up a honey processing facility in Winkler, is a sign of things to come, too.

“It’s an industry that isn’t available in Manitoba, so it’s something new. That’s what we’re looking for. The high-tech industry is a great example; we don’t have any of that

geoff kirbyson

WESTERn InvESToR

in Winkler. We’d be there with open arms to accept somebody who wanted to set that up,” he said.

According to the 2011 census, Winkler had 10,670 residents – up from about 9,000 in 2006 – but Harder is confident its population is well over 11,000 now.

Tight rentalsThat growth has contributed to a perpetual shortage of entry-level housing in Winkler. no matter how fast the supply increases, it hasn’t been enough to move the vacancy rate above zero per cent, he said.

Help wanted That could be about to change, however. To the end of August, there had been 210

housing starts – including apartments and duplexes – and Harder is confident another 20 will break ground before the end of the year. That’s more than the number of starts in 2010 and 2011 combined.

“We normally have about 100 housing starts per year,” he said.

Winkler’s housing market is about as close to a sure thing as you can get. Don Friesen, owner of Choice Realty, said it grows 2 to 3 per cent per year, “come hell or high water.”

“I’ve been doing this for 23 years and it’s been steady for 23 years,” he said.

A typical house in Winkler is a 1,200-square-foot bungalow with three bed-rooms and a two-car garage that sells for about $225,000.

Winkler is home to a number of big-box stores, including Wal-Mart and Shoppers Drug Mart, as well as a number of smaller retailers and restaurants, but Friesen said there’s plenty of room for more commercial development.u

SPOTLIGHT Winkler recruiters head to Ireland – and beyond – to fill 200 manufacturing jobs

Sidebar

Winkler MBPopulation 10,700Average house price $250,000Potential Manufacturing, retail expansion

--30--

irish workers queue during a recent Canadian job fair: Winkler needs 200 workers immediately.

Phot

o: I

rish

Cen

tral

Population 10,700Average house price $250,000Potential Manufacturing, retail expansion

Winkler, MB

Museum reaches major milestone One of the largest and most influential

construction projects in Winnipeg’s history has hit a major milestone.

The last pane of glass on the Canadian Museum for Human Rights has been put in place, signalling the end of the outside work of the $351 million project.

The glass piece was the last of 1,669 unique panes installed.

Now efforts will turn to finishing the inside, includ-ing the spaces for the museum’s many

exhibits. stuart Murray, the museum’s president and CEO, said a much-anticipated grand-opening date will be set in the not-too-distant future.

“We know it’s 2014. We’re going to get that down to the day and a month, and we should probably know that early in 2013,” he said.

W H aT ’ s H a p p e n i n g i n

ManitobaCanadian Museum for Human rights, Winnipeg.

Phot

o: C

ity

of W

inni

peg What has been billed as “Winnipeg’s

Guggenheim” – in reference to the museum in Bilbao, Spain, that attracts 850,000 people annually – could add more than $75 million to Manitoba’s annual gross domestic product through spending in restaurants, hotels and retail outlets, according to some predictions.

IKEA opens November 28The most-anticipated retail arrival in

Winnipeg’s history now has a date: November 28. That’s when Swedish

furniture-maker ikeA will christen its 395,000-square-foot store.

Store manager stephen bobko is over-seeing the final hires of a team that will number between 300 and 350 people. He has been inundated with more than 3,000 resumes since announcing hiring plans in June.

“It’s clear that IKEA is the employer of choice in Winnipeg,” he said.

Remarkably, IKEA also stands alone among other high-profile construction proj-ects in Winnipeg for being on time. The new airport terminal building was a year late when it opened in the fall of 2011 and the new field for the Winnipeg blue bombers is a full season behind schedule.u

Century-21 Westman.comBrandon, MB Direct Line: 204-729-5074 Email: [email protected]

BR ANDON, MANITOBAMOTEL: NEW LISTING, 27 SUITES, 18 DOUBLE ROOMS, ROOM SALES $700,000. PLUS, OWNER MAY CARRY SOME, PRICED TO SELL QUICKLY.MOTEL: JUST LISTED EXCLUSIVE 51 ROOM MOTEL ON HIGHWAY 16 NEAR OIL PATCH, PRICE $ 1,999,000. MUST SELL.HOTEL: DOWNTOWN BRANDON, 15 ROOMS, VENDOR, BEVERAGE ROOM, RESTAURANT LEASED OUT, OWNER RETIRING MOTEL: CLOSE TO WINNIPEG, 12 ROOMS, INDUSTRIAL TOWN, RESTAURANT LEASED OUT. PRICE: $499,000. FIRM MOTEL: 20 ROOMS, BAR, VENDOR, RESTAURANT, CLOSE TO USA BORDER, PRICE $849,000

“WE HAVE RESTAURANTS, GAS STATIONS, GROCERY STORES, INVESTMENT PROPERTIES, FOR SALE AND IF WE DO NOT HAVE IT WE WILL FIND IT.”

A Leading Commercial Real Estate Appraisal Office in Manitoba

David van der Vis 204-668-2583 [email protected]

www.clarus-advisors.com Toll free: 1-877-765-1805

190 Disraeli FreewayFOR SALE

• LANDMARKPROPERTY• 85,000sq.ft.landmarkbuildingon2.3acresofland

• HightrafficlocationatDisraeliFreewayandMacDonaldAvenue

• WonMuraloftheYear–2004(thelargestMuralinManitoba)

• Fencedyard• 120parkingstalls• Offeredat:$11,250,000

For more information, please contact:

(Bob) Robert Antymniuk [email protected]

www.avisonyoung.com

BELAIR, MANITOBA, EAST BEACHES AREABELAIR COMMUNITY STORE

60 minutes from Winnipeg, this 2385 sf bldg is in a high traf-fic area. Serves year round &

seasonal clients. Featuring gas, grocery, deli, propane exch & large loading/storage area. Modern kitch/prep area w/walk in cooler, + 2nd kitch/takeout area. Incl most fixtures & equip. Endless possibilities! $224,900 $169,900 Vendor motivated!

MELODIE ATEAH 1-866-755-5406BROKER/OWNER

SHANNA 204-754-7575 OR 204-481-3575

ATEAH REALTY LTD

www.ateahreal ty.com

REDUCED !

Subs

cribe

www.westerninvestor.com

CALL NOW 1-800-661-6988

WESTERN INVESTOR NOVEMBER 2012 www.westerninvestor.com Franchises B27

Executive Hotels jump to PrairiesVancouver’s Executive Hotels &

Resorts has announced that it has opened two new franchised hotels, one in Lloydminster and the other in Regina.

There are 17 hotels managed or licensed by the company with several new hotel projects in various stages of development. The Royal Hotel Group will operate the franchises.

“Given the long-standing history of the Executive brand in Canada, we are confi-dent our loyal corporate and leisure cus-tomers will frequent the new Regina and Lloydminster hotels and be very happy with these new locations,” said Salim Sayani, CEO of Executive Hotels & Resorts.

Earlier this year, two other new Executive Hotel locations opened: the Executive Hotel Le Soleil Vancouver and Executive Mountain Side Hotel Whistler.

Most of the company’s properties are in Canada, although it operates one hotel in San Francisco and another in Seattle.

Milestones moves into WinnipegOntario-based Cara Operations is

bringing a Milestones Grill and Bar restaurant to Manitoba.

The casual-dining concept, with nearly 50

News, views and updates on Canada’s franchise industry

Cora chain links into Saskatoon, eyes Regina The Quebec-based Cora breakfast and

lunch restaurant chain is coming to Saskatchewan, with its first location opening later this month (November) in Saskatoon as it expands westward.

The Cora outlet in Saskatoon is part of a new retail centre at Preston Crossing.

Cora is also looking at potential sites in Regina, where it has someone ready to sign a franchise agreement according to director of franchise development Candace McAllister.

The Saskatoon location is a typical Cora size: 3,400 square feet with 142 seats. The franchisees are cousins David Ukrainetz, who has worked for years at his family’s Dairy Queen, and Brianna Ider, who is just out of university. “It’s a great time in Saskatchewan right now,” commented McAllister.

With its growing prosperity, Saskatchewan is becoming one of the places to move to, noted David Polny, executive vice-president of the Cora Franchise Group. He added that the province is also receiving some spin-off from the booming economy in Alberta.

Also in November, the Cora chain will open an outlet in Lethbridge, Alberta. And in December, a new Cora restaurant is scheduled to open in Victoria, B.C.

Currently there are 128 Cora restaurants operating across Canada. With the opening in Saskatoon there will be Coras in all 10 provinces.

A Cora franchise requires a total investment of approximately $300,000, including an initial franchise fee of $40,000. There is a royalty fee and an advertising fee.

restaurants in Canada, will be introduced to the province in downtown Winnipeg.

The outlet is expected to open in 18 to 24 months. The company was negotiating last month to open on Portage Avenue at the Centrepoint development. A local magazine ad showed the Milestones Grill and Bar name on the side of the highrise development, a project of Longboat Development Corp., Artis Real Estate Investment Trust and leasing agent Cushman Wakefield.

A Milestones franchise requires a total investment of from $2.5 million to $3.4 mil-lion, including a franchise fee of $60,000. Estimated startup capital required is in the $1 million range.

Dark Table diners eat in the darkDark Table has opened in Vancouver’s

Kitsilano area as the third dining spot from Moe Alameddine and his company, O Noir, where people eat in a totally blacked-out room. The 75-seat establish-ment has taken over the space formerly occupied by Quattro on West Fourth Avenue.

Alameddine opened his first blind-dining restaurant, O Noir, in Montreal in 2006. Guests to his restaurants make their food choices in a lighted area from a menu, described by the restaurant owner as “fusion Mediterranean.”

Customers are led by blind servers to their seats in a totally dark room.

Foreign food workers recruited to AlbertaAlberta will allow more semi-skilled for-

eign foodservice workers in the prov-ince than originally planned under a pilot project aimed to give newcomers a better chance of becoming landed immigrants.

Originally the maximum number of nomi-nations was set at 600 under the Alberta Immigrant Nominee Program Semi-Skilled

Cora chain opening in Saskatoon.

Phot

o: C

ora

Foodservices Industry (Pilot Project).However, at the end of August, people

running the Alberta Immigrant Nominee Program (AINP) decided that nominations would continue while the program is being evaluated, even though the 600 nomina-tions had been received as of July.

The AINP started the project, in consulta-tion with the Canadian Restaurant and Foodservices Association, to address a labour shortage in Alberta’s foodservice industry.

There are an estimated 64,000 temporary foreign workers in the province, according to the AINP.u

INVEST IN YOURSELF

& GET YOUR

FUTURE ROLLING

FULL STEAM AHEAD!

Franchises now available!Contact Sarah Moen

at 604 682 [email protected] or visit STEAMROLLERS.com

HEALTHY BURRITOS & BOWLS

Consider converting to a eco-friendly franchise system or adding something new!

If you are seeking increased market share and added customer value, then adding a Nutrilawn franchise or converting your

existing lawn care business may be the answer.

• Avg. gross sales of $850K per year• 100% financing of franchise fee and conversion cost.

• Ongoing agronomic training and business support• Industry leading technology and management tools

• Established concept, 25 plus years

Take this opportunity to learn more from a leader in the lawn care business.

Low or no cost conversion or a financed add on, we are happy to provide more information, be the first one in your area to learn more.

FIND OUT IF A NUTRILAWN FRANCHISE IS RIGHT FOR YOU.Contact: Steven Seabaugh, Dir. of Franchise Development 706-559-9603 or [email protected]

If you are seeking an opportunity or increased market share and added customer value for your existing business, then owning a Nutrilawn franchise may be the answer. • 100% financing of franchise fee for existing Conversion Operators• Ongoing agronomic training and business support • Industry leading technology & management tools • Established concept , 25 years• Up to 100% financing of franchise fee, for all new Start-Ups.

Learn more from a leader in the lawn care business.

Grow Green with a Lawn Care Franchise!

Call the

marketing your franchise?

1-800-661-6988 • (604) 669-8500 • westerninvestor.com

B28 www.westerninvestor.com NOVEMBEr 2012 WESTERN INVESTOR

Get the Power.

With connections in more than 85 countries worldwide put the

power of the RE/MAX brand to work for your commercial, industrial,

agricultural, investment or international real estate needs.

To view commercial properties or find a RE/MAX Commercial

practitioner near you, visit commercial.remax-western.ca

Each office is independently owned and operated.

Western Investor November 2012 Section B

Documents

Transcript of Western Investor November 2012 Section B