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Commercial Investor – Ontario – August 14 2021

Page 1

Featuring: Commercial•Industrial•Franchise+Business Opportunities

FREE

August 14–September 25, 2021 Volume 21 | Issue 9

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

FREE ICIWorld APP

DAILY CONTACTS AT YOUR FINGERTIPS

INDUSTRIAL COMMERCIAL INVESTMENT RESIDENTIAL BUSINESSES

SALES TO $50M+ 416-214-4875 Add ICIRealEstateNetwork.com as a shortcut on your phone

$1,439,000

LARGE AND SMALL APARTMENT BUILDINGS WANTED D TE AN W

D E T N WA

W AN TE D

SOLD BY WINCORP REALTY INC. • Large and Small Apartment Buildings anywhere in Ontario • Have many CASH Buyers ready to invest NOW • Specializing in multi-residential sales for over 40 years • References supplied • Confidentiality guaranteed CONTACT: WINSTON DAVIES, BROKER OF RECORD WINCORP REALTY INC. REAL ESTATE BROKERAGE GUELPH, ON TEL: 519-836-2080 EMAIL: wjmdavies@rogers.com

HERE WE ARE! THE A-TEAM “YOUR COMMERCIAL CONNECTION” REAL ESTATE

WE SELL AND LEASE GTA PROPERTY TORONTO INCOME PROPERTY FULLY RENOVATED TOP TO BOTTOM Prime High Volume Area of the Core! Coin-Operated Laundromat + 3 Residential Apartments + Bonus Lower Level for Future Development &/or Storage. Can be Sold Separately or Converted Fully to Residential. Address: 2039 Davenport Rd.

TOM COLEMAN DIRECT:

BROKER

416-543-8099

RESIDENTIAL - COMMERCIAL - INVESTMENT STORES & APTS, MULTI-PLEX, OFFICE

DEVELOPMENT SITES

25 YEARS OF SERVICE

BOB AIREY

BOB AIREY @ ROYALLEPAGE.CA

416 487-4311 CALL NOW!


H

A

M

I

L

T

O

N

Mazhar Roshan Sales Representative

905.929.9800 647.609.9463 905.574.6400

Direct GTA Direct Office

mazharroshan@sympatico.ca 1151 DUNDAS STREET W, #11, L5C 1C6

Long established variety and laundromat business. Store sale $22,000 per month. Lottery income $3,600 per month. Nevada $300 atm $300 per month. Laundromat income $9000/mth. 20 Washer and 15 dryers (few newer) alterations and dry cleaning drop off. Very reasonable rent. Long lease. Do not go direct please call lbo for more details

Long established news stand & gift shop in the heart of Mississauga. Real money making business, mall hours, $60m lottery winning ticket was sold here. Store sales $900010000 per week (lottery not included). Lottery income over $10,000 per month. Bit coin and other income. Rent $4245.00 Including tmi & hst. Close to shopping mall and all amenities on bus route, good for business minded person, family operation. DO NOT GO DIRECT. FOR VIEWING AND MORE DETAILS CALL LBO.

M

OT

R J IV ED UST AT UC ED ED SE LL ER

!

HAMILTON

HomeLife Professionals Realty Inc.

BROKERAGE

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

448 #8 HIGHWAY

2 IN 1 3 BAY GARAGE + 2 BED 2 BATH HOUSE SELLING TOGETHER @ 999K

Long established auto repair garage business. 3 Bays with two hoists fully equipped on desired central mountain location. Close to all amenities, on bus route. Owner selling due to health reasons. Gross rent is $3200.00/Month (including TMI).

Mixed use commercial property in the heart of Hamilton Mountain close to all amenities, shopping, on bus route. 3 Bay garage with 2 hoists and all set up for auto repair business with 2 beds, 2 baths, nicely updated house.

18 ACRES OF LAND

Site of Proposed New Hospital

BURLINGTON FOR LEASE

Across from new proposed Hospital in Niagara Falls off exit #21 of QEW. Land has 1,900 Ft. frontage. Great potential for future development. Call Mazhar Roshan for more details.

Subject Land

2000 Sq. Ft. on lower level for storage.

Site of Proposed New Hospital

53 ACRES OF LAND

Subject Land

2

Long established automotive repair shop. owner retiring, long lease rent $3,500 including TMI, 4 bay. 3 hoist, 1 pit. Very busy auto repair shop doing over $20k sales per month. good for a mechanic owner or manager. Fully equipped. All mechanical fixtures, etc. included. For more details and viewing call LBO.

Off exit # 21 QEW minutes away from new proposed hospital. Good for future development or investment. Land has 1,800 Ft. frontage on QEW. 2,400 ft on Marshall Road and 1,200 Ft. on Willodell Road. Currently leased to a farmer. For more details call Mazhar Roshan.

1235 FAIRVIEW STREET

Plaza location with major stores like Longos, Beer Store, Dollarama, Pet Value and many more. Long established convenicen store in very mature neighbourhood. Doing 17,000 weekly sales (lotto not included).


3397 WELLINGTON RD 35, PUSLINCH

S

$2,600,000

$2,500,000

Apartment/Condo Land For Sale. Proposed 125 Unit apartment or condo development. Approx. 2 acres of mid-rise residential land. Located on Norfolk Golf & Country Club, Simcoe, Ontario. Subject to zone change and site plan approval (estimated one year away). Asking $20,000 per unit. Exclusive Listing.

D L O

CALL NEIL KOEBEL

$27.50/SF

1 QUEEN ST N, KITCHENER

Horse Lovers Paradise! 3 Bedroom, 4 Bathroom Custom Home situated on 45.5 acres features 23 ft vaulted living room ceilings with wood beam construction, wood burning f/p, open concept kitchen with s/s appliances & walkout to large rear deck. Newer 40'x40' heated workshop with 2 full size drive in doors, large horse barn with 7 horse stalls, 3 horse paddocks, fully fenced riding area, 12.5 acres of workable land & 28 acres of bush. MLS. Call Ryan

4,755sf prime commercial space in Downtown Kitchener. D-1 Zoning. Brick and beam building currently being renovated. Tim Horton’s will occupy space fronting on King St. Great location in Downtown Kitchener, close to LRT, residential, restaurants and shopping. MLS.

CALL NEIL KOEBEL

CALL RYAN BRIGGS 191 KING ST S, WATERLOO

SIMCOE

$27/SF

$18/SF

187 KING ST S, WATERLOO

82 WEBER ST E, KITCHENER

$15/SF GROSS

Retail unit available at Bauer Marketplace in Uptown Waterloo. $27/sf rent plus. $10.50/sf CAM. Great location close to Mark Nunes, Bauer Kitchener, Vincezo’s, etc. Zoning allows many retail and office uses. Exclusive.

2,405sf second floor loft-style office unit, available immediately. Various retail units also available. Located in Bauer Building in Uptown Waterloo. Numerous amenities onsite & within walking distance. On public transit route, steps to the LRT. Ample parking available. Exclusive.

1,260sf office space in Downtown Kitchener. Available immediately. Ideal for lawyer, accountant, massage therapist, chiropractor, etc. Close to Region of Waterloo courthouse, Conestoga College, Centre in the Square. On public transit route, close to the LRT. Close to numerous amenities. MLS.

CALL DUNCAN MCLEAN

CALL DUNCAN MCLEAN

CALL REBECCA RAWLINGS

KITCHENER, ONTARIO

519.578.0337

CELL:

NEIL KOEBEL

RYAN BRIGGS

DUNCAN MCLEAN

Broker of Record

Sales Representative

Sales Representative

519.741.6594

Neil@cmarealty.ca

CELL:

519.498.5775

Ryan@cmarealty.ca

CELL:

519.590.7997

Duncan@cmarealty.ca 3


Industrial Specialists Interested in the future potential of your property? Let us show you what we can do.

1.800.914.7510 spearheadpm.com | info@spearheadpm.com

Bring the Cushman & Wakefield edge to your next Commercial Real Estate transaction.

CONTACT US MONDAY - FRIDAY 9 AM-5 PM

519 438 5588 info.lws@cushwakeswo.com

www.cushwakeswo.com

Although these are unsettling times and it may not be ‘business as usual’, at Cushman & Wakefield Southwestern Ontario we are working hard to continue providing our clients with the highest level of service. We continue adhering to the Public Health recommendations, while striving to provide the excellent service you are accustomed to. Despite the unprecedented challenges, we want you to know that we are here for you and doing business. Feel free to reach out to us anytime!

©2020 Cushman & Wakefield Southwestern Ontario, Real Estate Brokerage, Independently Owned and Operated. A Member of the Cushman & Wakefield Alliance.

4


$4,299,900 160 CHARING CROSS Street Brantford, Ontario N3R3X7 MLS 40078340

Shawn MacDonald

Salesperson

519-771-8414

5 parcels of land with mixed residential and commercial

5 PARCEL PACKAGE - Combined to make 4.722 acres in the core of core of the booming Brantford, Ontario, . Including 9 retail store fronts with an additional 4-7 rental units in rear. The retail plaza is fully tenanted and allows for a great return. Over 25000 sq ft of retail plus storage. PLUS - 3 acre Residential building lot. (3 parcels, combined, to make approx. 3.01 acres.) Zoned H-R4A, this property has loads of future potential.Up to 50% VTB available to qualified purchaser. (62982352)

income and expense and geo-technical report available upon request 5


Development/reDevelopment opportunity

CourtiCe oshawa townline

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

Features:

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

Bids/Offers: 6

ljagoda22@gmail.com


COMMERCIAL OPPORTUNITIES SOUTHWESTERN ONTARIO

OFFICE/LIGHT INDUSTRIAL

APARTMENT BUILDINGS

DEVELOPMENT LAND

OFFICE BUILDING

12 Gilbertson Dr, Simcoe, ON Asking: $4,400,000

359-363 Duckworth St, Barrie, ON Asking: $12,750,000

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

230 Christina St N, Sarnia, ON Asking: $950,000

• Free-standing office and light industrial/warehouse building 100% leased to two quality Tenants

• Two Apartment Buildings | 32 Units/144 Beds Combined

• Building Area: Approx. 63,266 SF total

• Site Area: 1.187 Acres total

• Site Area: 5.51 Acres Two parcels being sold together • Zoning: ML - Light Industrial & HL - Hazard Land • Gross Income: Just over $300,000/yr.

Tyler Desjardine* 519 438 5403

tyler.desjardine@cushwakeswo.com

• Services at lot line

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

• Parking: 50 spaces available on-site

• Zoning: Corridor Commercial (CC) Zone

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

• Zoning: RA1 (SP-457) Residential Apartment Dwelling First Density

• Contact Listing Agents for full information package

• Site Area: Approx. 0.199 Acres

• Total Building Area: 64,408 SF (Est.) • Taxes: $136,633 (2021)

Will Stanton* 519 670 9353

• Additional Rent (2021): $6.00 PSF * Inclusive of building insurance and property taxes • Landlord can demise the building into various configuration and sized units • Zoning: OFFICE PARK COMMERCIAL (C3) ZONING could suit a variety of medical and office uses

Andrew Johnson* 519 438 8639

andrew.johnson@cushwakeswo.com

Jameson Lake* 519 438 8548

Brent Rudell*** 519 438 5608

jameson.lake@cushwakeswo.com

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

Andrew Johnson* 519 438 8639

brent.rudell@cushwakeswo.com

andrew.johnson@cushwakeswo.com

COMMERCIAL/RETAIL

INVESTMENT OPPORTUNITY

581 Downie St, Stratford, ON Asking: $4,400,000

323 Horton St E, London, ON Asking: $799,900

*Conceptual rendering

11 St Johns Drive, Arva, ON Asking Rent: $12.00 PSF Net

• 4,000 SF - 11,921 SF available

• Taxes: $1,020.88 (2020)

will.stanton@cushwakeswo.com

FREE-STANDING OFFICE/MEDICAL BUILDING

*Conceptual rendering

• Site Area: Approx. 23.33 acres

• Leasing incentives available for qualified tenants • Large private offices and various open areas • Parking: Ample available on-site » Garage Spaces: 3 » Driveway Spaces: 60 » 19’ x 71’ attached drive through garage

• Building Area: Approx. 16,255 SF

• Building Area: 7,300 SF total

• Site Area: 1.708 Acres

• Zoning: AC4

• AAA Income Stream: » Corporate Covenant – Grocery store » 100% leased to a single tenant occupier, on location since 1997

• Taxes: $16,633.24 (2019) • Site Area: 0.256 Acres

• Roof: Front section pitched with shingles and flat roof on rear • Site benefits: Arterial Commercial section street visibility surrounded by dense residential and ample on-site parking • Parking: Plenty on-site

David Jongerden* 519 438 9125

• Preliminary site plan available

david.jongerden@cushwakeswo.com

Jameson Lake* 519 438 8548

jameson.lake@cushwakeswo.com

Andrew Johnson* 519 438 8639

andrew.johnson@cushwakeswo.com

Brent Rudell*** 519 438 5608

brent.rudell@cushwakeswo.com

Tyler Desjardine* 519 438 5403

tyler.desjardine@cushwakeswo.com

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

7


INVESTMENT OPPORTUNITIES CBRE INVESTMENT TEAM

0 CAMERON STREET | BAYFIELD • • • •

4452 WELLINGTON RD. S. | LONDON

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

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

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

21556 RICHMOND ST. | ARVA

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

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

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

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

DEVELOPMENT LAND | WOODSTOCK

• 3,200 SF conversion with retail/residential units • 1,700 SF main floor unit fully leased • Located on Richmond Street in desirable Arva, ON, just north of London

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

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

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

RESIDENTIAL DEVELOPMENT | WATERLOO

RETAIL/OFFICE INVESTMENT | ELMIRA

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

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

LONDON

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

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

380 Wellington Street, Suite 30 +1 519 673 6444

100 AHRENS ST. W. | KITCHENER

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

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

WATERLOO REGION

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

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

RESIDENTIAL DEVELOPMENT | PICTON • • • •

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

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

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

1125 TALBOT STREET | ST. THOMAS • • • •

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

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

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

WINDSOR

3200 Deziel Drive, Suite 110 +1 519 252 4095

© 2020 CBRE, Inc. All rights reserved. This information has been obtained from sources believed reliable, but has not been verified for accuracy or completeness. You should conduct a careful, independent investigation of the property and verify all information. Any reliance on this information is solely at your own risk. CBRE and the CBRE logo are service marks of CBRE, Inc. All other marks displayed on this document are the property of their respective owners, and the use of such logos does not imply any affiliation with or endorsement of CBRE. Photos herein are the property of their respective owners. Use of these images without the express written consent of the owner is prohibited. *Sales Representative **Broker 8


contents 16 24

Survey: More Millennials look to own recreational property

NEXT ISSUE:

Winning the game: Why some businesses succeed and others fail

ADVERTISING DEADLINE:

September 25, 2021 September 15, 2021

REGIONS Kitchener, Waterloo & Guelph ............. 10 Greater Toronto Area.............................18 Business Investors ................................23

TORONTO GUELPH KITCHENER/ WATERLOO

OTTAWA

LONDON HAMILTON NIAGARA

TO ADVERTISE TORONTO Harrison Racioppo

DIRECTOR OF PRINT MEDIA Lauren Reid-Sachs

harrison@mediaclassified.ca

GRAPHIC DESIGNER & ASSISTANT MANAGER Alicesa Pullan

1.888.532.2589 GUELPH

KITCHENER/ Chris Bosnich WATERLOO 1.888.532.2609

chris.bosnich@mediaclassified.ca

PRESIDENT & PUBLISHER HAMILTON Leo Racioppo leo@mediaclassified.ca

NIAGARA

CHIEF OPERATING OFFICER John Racioppo john@mediaclassified.ca

ACCOUNTING INQUIRIES accountingteam@mediaclassified.ca CIRCULATION INQUIRIES distributionteam@mediaclassified.ca

GRAPHIC DESIGNER & PRE-PRESS COORDINATOR Hannah Yarkony GRAPHIC DESIGNERS Johannah Lorenzo, Mike Terentiev, Alice Wu All submissions from interested parties will be considered. Please submit to the editor at editorial@mediaclassified.ca

HOME OFFICE 610 Applewood Crescent, Suite 401, Vaughan ON L4K 0E3 T: 905.761.3313 press 5 | Toll Free: 888.761.3313 press 5 F: 905.761.5038 E-mail: info@thecommercialinvestor.ca Website: thecommercialinvestor.ca Copyright Notice All copyright and other intellectual property rights in the contents hereof are the property of Commercial Investor, and not that of the individual client. The customer has purchased the right of reproduction in Commercial Investor and does not have the right to reproduce the ad or photo in any other place or publication without the previous written consent of Media Classified Corporation. Contents of this publication, in hard copy format as well as online, are covered by copyright law, and offenders will be prosecuted. Copyright 2021. All rights reserved. Reproduction, storage in a retrieval system or transmission, in any form or by any means, whether electronic, mechanical or otherwise, in whole or in part, without prior written permission of Media Classified Corporation is strictly prohibited.


KITCHENER/WATERLOO GUELPH & CAMBRIDGE

519.742.7000 www.coupalmarkou.com

APARTMENT FOR SALE 186 CLOVER PLACE, KITCHENER • BID DATE: 2:00PM on August 31, 2021 • $3,375,000 Free & clear of financing • 15 2-Bedroom Suites separately metered for hydro • Comprehensive info package available • Well maintained and professionally managed MLS

SALE

77 LANCASTER ST WEST, KITCHENER

SALE

• Located on Lancaster St W, near Wellington St N • 7 Unit Multi-Residential- 5 One bedroom units & 2 Studio Apartments • $1,300,000 MLS

SALE

42 GROFF PLACE, KITCHENER

325 KING STREET EAST, KITCHENER

• Located in the core of downtown Kitchener • Potential development of 24 residential units with 2,750 sq ft main floor commercial space • $2,100,000 EXCLUSIVE

SALE

54 QUEEN STREET, KITCHENER

SALE

50-54 KING STREET SOUTH, WATERLOO

• Corner location in Uptown Waterloo at intersection of King St N & Princess St E • 4,501 sq ft + 1,918 sq ft in basement • $2,688,000

SALE

MLS

150 MAIN STREET WEST, HAMILTON

ER D N U CT A R NT O C • Huron Business Park with Zoning EMP-4 (Subject to Approval) • 1.119 acres • $3,000,000

MLS

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

• Main floor and lower level commercial condo • 6 Individual commercial units totalling 20,036 sq ft • $3,600,000

MLS

SALE MADISON AVENUE SOUTH, KITCHENER

FOR SALE

UNDER CONTRACT

• Located in Downtown Kitchener • 232 & 238 Madison is currently under contract • Property 246 Madison still for sale for $600,000 MLS

10

COMMERCIAL INVESTOR  |  Commercial Real Estate & Business Opportunities

August 14–September 25, 2021


KITCHENER/WATERLOO GUELPH & CAMBRIDGE

519.742.7000 www.coupalmarkou.com

LEASE

230 GAGE AVENUE, KITCHENER

LEASE

130 WEBER STREET WEST, KITCHENER

LEASE

• Space available on all three floors, M-2 Zoning • Few blocks away from regional transit hub, Google and Downtown amenities • 474 – 3,443 sq ft • Each Unit Varies in Price

• Flex Industrial Space on Gage Ave, near Belmont Ave W • 2 Configurations possible with warehouse having 2 drive-in doors and in-floor heating • 7,970 sq ft • $8.95 / sq ft net

MLS

LEASE

LEASE

MLS

LEASE

136 KING STREET SOUTH, WATERLOO

• Situated on King St S and William St E in Uptown Waterloo • Move in ready professional office location on entire 3rd floor • 3,590 sq ft • $22.00 / sq ft net MLS

• Retail/Office space in the Mill district in St Jacobs • C-1 Zoning allows for many uses • 1,696 sq ft • $13.95 / sq ft net

MLS

1381 VICTORIA ST NORTH, KITCHENER

• Located at the corner of Victoria St N & Smetana Dr, near Lackner Blvd • An average of over 30,000 vehicles per day pass by the plaza • 2,270 – 9,066 sq ft • $14.95 - $15.95 / sq ft

1440 KING ST NORTH, ST JACOBS

22 KING STREET SOUTH, WATERLOO

MLS

LEASE

• Centrally located on King St S between Erb St and Willis Way • Building equipped with high optical Fibre throughout • 2,000 – 4,880 sq ft • $17.95 / sq ft net

258 KING STREET NORTH, WATERLOO

• Commercial / retail space at desired corner of University Ave & King St • On-site parking and excellent visibility • 2,200 – 4,750 sq ft • $20.00 - $22.00 / sq ft net MLS

MLS

LEASE

255 NORTHFIELD DR EAST, WATERLOO

• Located on the corner of Northfield Dr E & Bridge St • Surrounded by existing residential neighborhood • 1,718 – 2,340 sq ft • $27.00 - $35.00 / sq ft net

LEASE

35 KING STREET NORTH, WATERLOO

• Historically registered building in Heart of Uptown Waterloo • Early 2022 availability • 15,100 sq ft • $22.00 - $35.00 / sq ft net

MLS

Christopher Coupal

John Markou

Theo Papadopoulos

Broker of Record, Principal christopher@coupalmarkou.com 519-742-7000 x 101

Broker, Principal john@coupalmarkou.com 519-742-7000 x 102

Sales Representative theo@coupalmarkou.com 519-742-7000 x 103

MLS

CONNECT

The information set out herein is for advertising purposes, with information obtained from sources deemed to be reliable. No warranty or representation is made as to its accuracy, correctness and completeness of the information, being subject to errors, omissions, conditions, prior sale/lease, withdrawal or other changes without notice. Coupal Markou Commercial Real Estate Inc., Brokerage

August 14–September 25, 2021

Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR

11


KITCHENER/WATERLOO GUELPH & CAMBRIDGE

DALIBOR RADULOVIC Sales Representative

CHRIS MOSSEY Sales Representative

519885-8810 info@4mcommercialgroup.com

TUNDE ABIODUN Broker

385 Frederick Street, Unit 32 Kitchener, Ontario N2H 2P2

ROB PIOMBINI Broker

HomeLife Power Realty Inc., Brokerage*

*Independently Owned and Operated

Email us Today at info@4mcommercialgroup.com to receive our Exclusive Monthly Industry News Letter!

WANTED

Residential Development Land with clean environmentals. Please Email us with details!

FULLY RENOVATED 8 PLEX COMING SOON! EMAIL US FOR MORE INFO!

IONMILY T N E A ATT ULTI-F S M NER L L A OW We have Qualified Investor Clients Ready to Buy 10-100 unit Buildings. Please call us before you list. Willing to pay Market Price!

278 Woolwich St S Breslau ON

located 5 min from Kitchener-Waterloo 10 min to Cambridge and Guelph • Approximately .75 of an acres • Fully fence yard with security gate • 6500 sq ft of Buildings • 3200 sq ft of self storage • There is a mix of uses. Main shop • 9 additional smaller shops • 38 self storage units • Show a great income of $125000.00 a year • All shop tenants on long term leases • Property is zone M-1 Dry Industrial • Phase 1 & 2. Environmental was completed in February 2021

$1,695,000 12

COMMERCIAL INVESTOR  |  Commercial Real Estate & Business Opportunities

Call Trevor Roy for more information and to view the property

519-778-7669

Absolutely No Agents. August 14–September 25, 2021


KITCHENER/WATERLOO GUELPH & CAMBRIDGE

www.teammilovick.com

519-745-7000

Grand Valley Realty BROKERAGE INDEPENDENTLY OWNED AND OPERATED

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

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

Jennifer Shingler

www.TeamMilovick.com

Sales Representative jenn@teammilovick.com

Invest in Ontario’s Number 1 Town Today! Subscribe: Latest KWC Real Estate News: www.FaceBook.com/TeamMilovick 32 Noecker Street, Waterloo

270 Clifton Road, Waterloo

$1,350,000

$875,000

L SO

F-111-275 Larch Street, Waterloo

D $499,990

•$92,000+ Potential Gross Annualized Income Available here! Twelve month leases actively being installed for September, 2021. Generous potential positive cash flow, This very clean, purpose built triplex is a CityApproved operation with Class D2 rental licenses for five rental bedrooms per unit! Turn Key operation. Freshly painted with newer vinyl plank flooring (carpet free). Note two bathrooms per unit, In suite laundry and efficient lay out design. Located on oversized lot with large parking lot in the rear.

•Nearly $42,000 Gross Annual Income Available Here! This clean, purpose-built triplex beckons for your immediate attention. This is NOT a drive by. Nice improvements including: vinyl windows, aluminum soffits, fascia and eavestroughs, water softener (2020), picket fence (2018), separate electrical meters. Renovated basement unit. New, vinyl clad storage shed. Note oversized basement level windows. Easily accessed parking provides for four parking spots. This is The One.

•Welcome to The Block! The ultimate Live-Work-PlayLearn space located in close proximity to all the locales that make Waterloo great! Premier suite finishes and conveniences available here: soaring 14 foot ceilings, 870 square feet, plank laminate wood flooring, ceramic tile in bathroom, in suite laundry with stackable washer/ dryer, oversized low e argon windows, knock down texture ceilings, granite counter tops in kitchen and baths. All units pre-wired for high speed internet, telephone and cable. Five piece Whirlpool appliance package.

F-303- 275 Larch Street, Waterloo

141 Weber Street N- Unit A, Waterloo

1-12 Bridgeport Road East, Waterloo

$349,900

MLS®

$559,900

S

D OL

•$35,700+ Potential Gross Income Available Here! Welcome to the Bridgeport Lofts! This site was developed in 2002 utilizing industrial era (1900’s) building shell. Beam and Brick construction - uber cool factor with true loft feel. This unit features: bare naked brick, exposed post and beam and high ceilings. Character abounds! This suite is a desirable end/corner unit with both east and south exposure. Lower level has oversized windows contributing to a Day Light basement feel. Updated vinyl plank throughout main and lower level.

•Modernized, Rental Licensed, City-Approved home beckons for your immediate attention! Note: updated kitchen with white cabinetry, new front door, new front porch railing, updated flooring, fresh paint, landscaping. Large backyard with patio. Updated life safety systems. Driveway can accommodate three cars. This could work very well for entry level investor looking for a foothold in the lucrative Waterloo income property market or parent buyer with kid going to university. Nice price point. MLS®

3-455 Albert, Waterloo

F-105-275 Larch Street, Waterloo

$439,900

L SO

D

•$35,700+ Potential Gross Income Available Here! Welcome to the Bridgeport Lofts! This site was developed in 2002 utilizing industrial era (1900’s) building shell. Beam and Brick construction - uber cool factor with true loft feel. This unit features: bare naked brick, exposed post and beam and high ceilings. Character abounds! This suite is a desirable end/corner unit with both east and south exposure. Lower level has oversized windows contributing to a Day Light basement feel. Updated vinyl plank throughout main and lower level.

NEED BUILDINGS!

D

6 to 100+ Units

•Wow! Turn key, City-Approved Rental Licensed opportunity that beckons for your immediate attention. Large, corner unit with 4 bedrooms, newer kitchens, and newer bathrooms. Self-contained apartment in the lower level. Tenants are on month-to-month basis. Very clean. Reasonable condo fees of just: $407 per month include water, landscaping, snow removal, insurance, private garbage removal and exterior maintenance. Easy walk to amenities.

MLS®

August 14–September 25, 2021

$479,900

L SO

$499,900

Qualified Buyers

•Welcome to The Block! The ultimate Live-Work-PlayLearn space located in close proximity to all the locales that make Waterloo great! Premier suite finishes and conveniences available here: soaring 14 foot ceilings, 870 square feet plank laminate wood flooring, ceramic tile in bathroom, in suite laundry with stackable washer/ dryer, oversized low e argon windows, knock down texture ceilings, granite counter tops in kitchen and baths. All units pre-wired for highspeed internet, telephone and cable. Five piece Whirlpool appliance package. MLS®

Southwestern Ontario Ask me how many buyers I have for YOUR building!

Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR

13


KITCHENER/WATERLOO GUELPH & CAMBRIDGE

Coldwellbankercommercial.ca 508 Riverbend Drive, Kitchener

PETER BENNINGER REALTY, BROKERAGE

** Broker * Sales Representative

AVAILABLE FOR LEASE KITCHENER | OFFICE/REC

KITCHENER | RETAIL

ST JACOBS | RETAIL

MLS® 40144708

MLS® 40077281

MLS® 40107191

#1A-1253 KING STREET E.

388 KING STREET E.

1399 KING STREET N.

1,784 SF | $6.50/SF James Boudreau** x 3020

WATERLOO | RETAIL

MLS® 40092987 #3-42 BRIDGEPORT RD. E. 1,670 SF | $18.00/SF Lester Tobin* x 3023

635 SF |$2,200/Mo. James Boudreau** x 3020 WATERLOO | RETAIL

MLS® 40096246 #A-57 KING STREET N.

1,000 SF | $4,900/Month

Lester Tobin* x 3023

WATERLOO | OFFICE

MLS® 40102908 375 UNIVERSITY AVE. E. 388 SF | $925.00/Month Colin Vogel* x 3110

912 SF | $21.00/SF James Boudreau** x 3020 KITCHENER | MIXED USE

MLS® 40058963 1668 KING STREET E.

298-7,107 SF | $11.00-$15/SF James Boudreau** x 3020

KITCHENER | OFFICE

KITCHENER | OFFICE

MLS® 40123237

MLS® 40063472

#302B - 475 PARK STREET

501 KRUG STREET

390 SF | $850/Month James Boudreau** x 3020

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

NEW HAMBURG| RETAIL

ELMIRA | RETAIL/OFFICE

MLS® 40133922

MLS® 40130284

MLS® 30730857

1770 KING STREET E.

#4-385 WATERLOO STREET

10 CHURCH STREET

KITCHENER | OFFICE

2,500-4,954 SF|FROM $12.00/SF Chad Ritzer* x 3033

510 SF | $700.00/Month Lester Tobin* x 3023

2,000-8,551 SF | $9 -16/SF Chad Ritzer* x 3033

Each office is Independently Owned and Operated 14

COMMERCIAL INVESTOR  |  Commercial Real Estate & Business Opportunities

August 14–September 25, 2021


KITCHENER/WATERLOO GUELPH & CAMBRIDGE

Coldwellbankercommercial.ca 508 Riverbend Drive, Kitchener

PETER BENNINGER REALTY, BROKERAGE WATERLOO | RETAIL

MLS® 40124194 #PAD-150 WISSLER ROAD 1,500 SF | $28.00/SF Lester Tobin* x 3023

** Broker * Sales Representative WATERLOO | OFFICE

KITCHENER | INDUSTRIAL

MLS® 40121193

MLS® 40078440

#205-370 UNIVERSITY AVE. E. 2,237 SF | $15.00/SF Colin Vogel* x 3110

137 OTONABEE DRIVE 6,500 SF | $8.95/SF Chad Ritzer* x 3033

AVAILABLE FOR SALE ELMIRA

MLS® 30730819

FREESTANDING BUILDING 23,389 SF | $2,750,000 Chad Ritzer* x 3033

KITCHENER

MLS® 40038998 MULTI FAMILY INVESTMENT $9,950,000 Eric Frey* x 3118

WATERLOO

MLS® 40092965

COMMERCIAL CONDO 1,670 SF | $710,000 Lester Tobin* x 3023 STRATFORD

MLS® 40121785 LAND & BUILDING 3 AC.|2,000 SF|$3,400,000 John Hoffman* x 3040

FULLY LEASED OFFICE INVESTMENT FOR SALE $5,900,000 · · · · ·

One owner/personally managed Triple A condition—Rare Opportunity Owner retiring from business Approx. 22,000 sq. ft. | 4 Tenants The property is central to Kitchener, Waterloo and Guelph with easy access to Highway 85. | Exclusive

Please contact Peter Benninger** for details 519.743.5211 x 3000 or pbenninger@coldwellbankerpbr.com

KITCHENER

MLS® 30809771 BUSINESS ONLY #5-935 FREDERICK ST. 2,332 SF | $150,000 James Boudreau** x 3020

Each office is Independently Owned and Operated August 14–September 25, 2021

Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR

15


Survey:

More Millennials look to own recreational property A RE/MAX survey released June 6 and conducted by Leger finds 56 per cent of Millennials are in the market to purchase a recreational property. This is up 14 per cent from last year when 42 per cent of this demographic considered buying recreational property.

16

COMMERCIAL INVESTOR  |  Commercial Real Estate & Business Opportunities

In 2018, 91 per cent of recreational markets surveyed reported it was Baby Boomers, especially retirees, who were driving the recreational market. The increase in buying intentions among younger people shows the start of a new trend in who will fuel this segment of the property market, and what they are looking to purchase. August 14–September 25, 2021


“We are finally witnessing the long-anticipated generational shift of purchasing power from Baby Boomers to Millennials,” says Christopher Alexander, executive vice-president, RE/MAX of Ontario-Atlantic Canada. “With the high cost of urban living taking many young homebuyers out of those markets, more Millennials are turning to recreational properties as a viable option for home ownership.” Price remains the top consideration for recreational property buyers, with 61 per cent of survey respondents naming affordability as the most important factor. However, liveability also plays a crucial role in the selection process. “This new buyer demographic comes with a different lifestyle and property criteria than those of their Boomer counterparts,” Alexander adds. “Factors like Internet connectivity, recreational activities and proximity to towns with urban conveniences are becoming a more important selling feature.” The survey also reveals that 64 per cent of Canadians want recreational properties to relax and spend time with friends and family. Forty-three per cent say they are able to do things not available at their permanent residence, such as hiking and fishing, with Millennials ranking higher (50 per cent) than Boomers (38 per cent) in this sentiment. When it comes to the actual property, the survey also found that other than affordable purchase price, Canadians who own or would consider owning a recreational property named reasonable maintenance costs waterfront access, and proximity to town as the most important factors when purchasing. These findings differ regionally, with more Atlantic Canadians (39 per cent) August 14–September 25, 2021

looking for seclusion compared to residents in western provinces (28 per cent) or Ontario (26 per cent). Ontarians, on the other hand, are more likely to look into the property’s proximity to town and the accessibility of nearby medical facilities.

Additionally, the findings revealed that 54 per cent of Canadians travel (or would like to travel) to their recreational property in about two hours or less, while 22 per cent travel (or would travel) three or more hours. CI

Key findings from the 2019 RE/MAX Recreational Property Omnibus Survey 1. F orty per cent of Canadians are in the market for a recreational property, 56 per cent of Millennials are in the market for a recreational property 2. Canadians cite the following reasons to own or want to own a recreational property: • I t is where I can go and relax and spend time with friends and family = 64 per cent • I t is a getaway home = 58 per cent • I can do activities I can’t do at my permanent residence (hiking, fishing, etc.) = 43 per cent • It is an investment property = 30 per cent • It is a retirement home = 20 per cent • Other = two per cent 3. Thirty per cent of Canadians who say they use or would use a recreational property as an investment opportunity, Millennials rank the highest at 33 per cent, compared to Boomers at 28 per cent. 4. M ore than half (54 per cent) of Canadians who own or are considering owning a recreation

property are willing to travel up to two hours, 24 per cent saying they would travel two hours. Slightly less (22 per cent) are willing to travel three or more hours. 5. Canadians identify the following features as important when considering their current recreational property or a future purchase of a recreational property: • Affordable purchase price = 61 per cent • Reasonable maintenance costs = 46 per cent • Waterfront access = 45 per cent • Proximity to town = 44 per cent • Reasonable distance from primary residence = 35 per cent • Relative seclusion = 28 per cent • Land access = 24 per cent • Proximity to sports/recreation = 24 per cent • Nearby neighbouring properties = 12 per cent • Island property = seven per cent • Other = one per cent • None, don’t mind which features my recreational property has = seven per cent • Don’t know/prefer not to answer = seven per cent

Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR

17


GREATER TORONTO AREA

Property Available

Pontoon Tour Boat Business

Property Available

Picton Prince Edward County

$125,000

Exciting and rare opportunity to own a small independent pontoon boat tour business currently running out of the Picton Harbour in beautiful Prince Edward County. Live the dream! Fully licensed and approved by Transport Canada Marine Safety and Security. Established in 2016. Opportunity to expand. Enjoy the open waters and sunshine! www.pictonboattours.ca. Includes Existing Pontoon Boat, Motor, All Safety Equipment, Spare Parts, Custom Trailer, Website, Advertising Flags, Banners & Easel Posters, Rack Cards, Marketing Artwork, Passenger Script, Insurance Contact, Owners After Sale Assistance.

MLS 40095626

Property Available

11438 Loyalist Parkway

Prince Edward County

$1,650,000

Family run marina, established in 1968, this commercial and residential property lends itself to many opportunities for you to explore. The marina has a large clientele base for Naylor docks, boat lifts and marine railway sales for the past 25 years. An impressive 4-bedroom house on the property boasts a great room with wet bar and large windows make the most of the water views! A cathedral ceiling makes the large living/dining room feel even more expansive. Large bathrooms including a powder room on main floor, 3-piece master ensuite and a 5-piece main bath round out the comfort this home provides.

MLS 40018910

18

COMMERCIAL INVESTOR  |  Commercial Real Estate & Business Opportunities

$1,490,000

Century well maintained “old” building on Main Street has 3 commercial units and 4 residential units. Separate hydro meters. On the corner of the hub in downtown Picton in Prince Edward County.

MLS 40135781

Property Available

267 Main Street Picton

Prince Edward County

$

649,000

Located in the heart of the commercial downtown core this single level building has been the home of the historic and widely read Picton Gazette. Only the building is for sale. There is 1596 square feet. 2 storefront bay windows for lots of natural light. 3 Workstation bays, 3 offices and 2 bathrooms. New heating/AC system. Parking for 7 cars at the rear of the building. The Gazette building on Main Street Picton is the perfect place to relocate your business in town. This block of Picton is on the sunny side of Main Street and in one of the most important parts of the town.

MLS 40123509

August 14–September 25, 2021


GREATER TORONTO AREA

COMMERCIAL, RESIDENTIAL AND PROPERTY MAINTENANCE SERVICES

BELLROSE IS FULLY INSURED AND BONDED WITH 24/7 SUPERINTENDENT AND JANITORIAL RELIEF SERVICES. Property Maintenance for Condo and Commercial Buildings Janitorial Services Live-in/Live-out Superintendent Relief Services Deep Cleaning and Disinfecting Window Cleaning Post-Construction and Renovation Cleaning Residential and Office Maid Services And more

bellrosejanitorialservices.com

416-389-7805

info@bellroseinc.com August 14–September 25, 2021

Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR

19


GREATER TORONTO AREA

COMMERCIAL, REAL ESTATE & BUSINESS OPPORTUNITIES

Bill Bradley

Sales Representative

REALTY EXECUTIVE PLUS

416.258.6866

Independently Owned & Operated

Unit 2, 1240 Speers Rd., Oakville ON 416.258.6866

exitwithbill@gmail.com

LAND FOR SALE

49

ACRES

IN CEDAR PARK 5.2A. READY TO BUILD A LAGE PLAZA ON

Condo Apartment Buildings Large or small

38 ACRES IN MILTON ON 49 ACRES IN MILTON ON CALL BILL BRADLEY FOR INFO

Apartment Buildings for sale Large or Small

Small or Large Hotel or Motel Building for Sale

THIS PLAZA ALL READY TO BUILD BY OWNER ON 5.2 ACRES OF LAND NEAR HIGHWAY PLEASE CALL FOR MORE INFORMATION.

SELLERS AND BUYERS WANTED – CALL BILL BRADLEY 20

COMMERCIAL INVESTOR  |  Commercial Real Estate & Business Opportunities

August 14–September 25, 2021


GREATER TORONTO AREA

SUMMA PROPERTY MANAGEMENT

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

Our superior service includes managing multi-unit Residential/ Commercial/ Retail/Industrial/ Condominium properties. We also manage and rent Condominium investment units. We abide by all Covid-19 regulations.

647.341.7990

www.summapm.com

propman@summapm.com

Specializing in all your financial needs since 1975 ✓ Residential 1st and 2nd Mortgages ✓ Land ✓ Construction ✓ Commercial Investment ✓ Apartment Buidlings

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

Call or send a package for a quote:

CYR Funding Inc. #11681 • Attn. Rena Malkah Bus 905-731-1111 x229 • Cel 647-838-5061 • Fax 905-731-6860

rena@cyrfunding.com • www.cyrfunding.com August 14–September 25, 2021

Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR

21


GREATER TORONTO AREA GET SOLD R E A L T Y

I N C .

WITH RE/MAX GOLD GET SOLD

B R O K E R A G E

GORDY KHUMAN Broker of Record

GORDY KHUMAN WITHinfo@remaxgoldrealty.com RE/MAX GOLD Broker of Record

905.673.8500 MALTON I N C . B R O K E R A G E

R E A L T Y

ERIN MILLS COMMERCIAL - RIDGEWAY & EGLINTON 905.673.8500 MALTON CENTREinfo@remaxgoldrealty.com NOW LAUNCHED III ERIN MILLS COMMERCIAL CENTREPHASE - RIDGEWAY & EGLINTON NOW LAUNCHED PHASE III

35 ACRES OF COMMERCIAL DEVELOPMENT 35 ACRES OF COMMERCIAL DEVELOPMENT

EX. FH EX . L S

SS

54'-9"

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IN

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EX. FH

LO

LO

AD

HT

HT

LO

AD

IN

AD

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GM

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INDUSTRIAL 10,656.36 m2 (114,704 sqft)

I

INDUSTRIAL 10,656.36 m2 (114,704 sqft)

55'-9"

A

IN

G

45'-5"

25

45'-5"

58'-0"

45'-5"

GARB. RM.

B

B 25

3

34

37'-9"

I1 2,104SF

55'-9"

SS

A

45'-5"

GM

EX . L S

58'-0"

45'-5"

37'-9" 37'-9"

45'-4"

GARB. RM.

I1 I2 2,104SF 2,104SF

45'-5"

37'-9" 37'-9"

45'-5"

I2 I3 SF SF 2,104 2,104

45'-5"

82'-8"37'-9"

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45'-5"

I3 I4 4,241SF 2,104SF

I5 7,609SF

I17 SF 2,034 33

1

44'-3"

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45'-4"

SOLD SOLD

I5 7,609SF

A

I6 7,929SF

A

45'-5"

I6 7,929SF

45'-5"

I7 7,929SF

45'-5"

I7 7,929SF

45'-5"

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45'-5"

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45'-5"

I9 7,929SF

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I10 7,929SF

A

45'-5"

I11 7,929SF

I12 7,929SF

I13 7,929SF

I14 7,929SF

I15 7,929SF

I16 7,929SF

I17 I18 SF SF 2,034 2,034

44'-3" 44'-3"

45'-5"

I10 7,929SF

I11 7,929SF

I12 7,929SF

I13 7,929SF

I14 7,929SF

I15 7,929SF

I16 7,929SF

I18I19 SF SF 2,034 2,034

44'-3" 44'-3"

45'-5"

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45'-11"

82'-8"

I19 I20 2,034 2,113SF

11'-5"

22

45'-11"

SPRK./ MECH RM.

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

GARB. RM.

SOLD SOLD

I4 4,241SF

I20 2,113SF

44'-10"

HT

GARB. RM.

SPRK./ MECH RM.

SS

54'-9"

HT

HT

20'-8"

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38

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www.remaxgoldrealty.com August 14–September 25, 2021

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www.remaxgoldrealty.com

HT

905.456.1010 BRAMPTON 905.673.8500 MALTON 905.456.1010MISSISSAUGA BRAMPTON 905.290.6777 905.673.8500 MALTON COMMERCIAL INVESTOR  |  Commercial Real Estate & Business Opportunities 905.290.6777 MISSISSAUGA

Industrial & Commercial Unit with E2 Zoning Starting from 7900 Sq Ft to 40,000 Sq Ft Industrial & Commercial Unit with E2 Zoning Starting from 7900 Sq Ft to 40,000 Sq Ft 39

34

22

HT

38

35

29

VERY RARE VERY RARE FIND FIND


BUSINESS INVESTOR

George Gicopoulos

Sean Gicopoulos

Sales Representative Business-Commercial Sales and Leasing

Sales Representative Investments And Residential

ggicopoulos@gmail.com

Cell 519-852-4458 GRAVENHURST INVESTMENT

COMMERCIAL CANADA INC

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

seangic@gmail.com

Cell 519-852-4426

GREAT LONDON INVESTMENT

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

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

apartment buildings

• 10-2 Bedrooms 1

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

• Excellent downtown location with extra lot and plenty

of onsite parking

• 2,800 sq ft w/great tenant • Yearly net rent of $36,400 • Building in very good condition

STIRLING ON FOR SALE/LEASE • Convenience/variety

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

D ASE

LE

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

Asking $895,000

5% Cap on Gross Income

$695,000

MAIN ST GRAND BEND ONTARIO

PRESCOTT PROPERTY FOR SALE OR LEASE

BREAKFAST PLACE Brand new on the main drag with tremendous year round possibilities and hardly any competition

FRANCHISE ROADHOUSE Brand spending new with rap around patio tremendous sales and future expectations on this proven concept

WE HELP YOU GROW YOUR DREAMS

ER D N U ACT R T CON

• Fully equipped for use as variety store • Great free standing building of 2,400 sq ft • Downtown Corner location with about 18 parking spots • Commercial zoning that permits many uses

Asking $675,00 or $17/ft net

Featuring: Commercial•Industrial•Franchise+Business Opportunities

FREE

September 31–October 30, 2019 Volume 19 | Issue 1

Full Coverage Area Including: London • Kitchener • Niagara Falls • Hamilton • Toronto • Ottawa TrenT Hills | 14.29 Acres wiTH excellenT roAd FronTAge

Introducing “The Ridge” 14.29 Acres Ideally Situated Abutting The Urban Boundary & Over Looking The Trent/Severn Canal! As “”Infill”” As They Come, This Parcel Is Nestled Amongst Residential Homes w/ Excellent Road Frontage On 6th Line West+Victoria St. Municipal Services Only Steps Away, This Property Is A Blank Canvas For Your “Inner” Developer. Mins. Away From Downtown Campbellford Right Off County Rd 30/Grand Rd. Ideal Investment For Future Development. MATTHew gArneT sales representative Re/Max West Realty Inc., BRokeRage. dIRect: 416.509.3036 offIce: 905.773.8000 eMaIl: MatThelandFinder@gmail.com

353-357 ARVIN AVENUE, STONEY CREEK

• 27,994 square feet. 5 drive-in doors & 1 truck level • 2.8 acres • M2 zoning. Permits a wide range of uses including motor vehicle repair and outside storage. CONTACT: MICHAEL BABBIE, Sales Representative mbabbie@cbci.ca | d 289 725 5088 | c 647 272 5899 MICHAEL SCHULER, Senior Vice President & Partner mschuler@cbci.ca | d 289 291 5067 | c 416 274 7467

LARGE AND SMALL APARTMENT BUILDINGS WANTED

Global Brokers Internet Advertising

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Free to Search Everyone can search within 5 seconds

41

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FOR ADVERTISING INFORMATION CONTACT

1-888-761-3313 August 14–September 25, 2021

D TE AN W

ED NT WA

W AN TE D

SOLD BY WINCORP REALTY INC. • Large and Small Apartment Buildings anywhere in Ontario • Have many CASH Buyers ready to invest NOW • Specializing in multi-residential sales for over 40 years • References supplied • Confidentiality guaranteed CONTACT: WINSTON DAVIES, BROKER OF RECORD WINCORP REALTY INC. REAL ESTATE BROKERAGE GUELPH, ON tel: 519-836-2080 eMaIl: wjmdavies@rogers.com

The Best Selection of Commercial, Industrial, Franchise and Business Opportunities

Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR

23


Winning the game

Why some businesses succeed and others fail BY JACQUELINE MONETA JD WITH ASSISTANCE FROM JAYSON SCHWARZ LLM

As a lawyer of 35-plus years, I have seen many small businesses flourish and many fail. The big question is why some succeed while others fall. Here are just a few comments that may not really be legal in nature, but certainly reflect my observations. In addition, some businesses succeed despite themselves and later, no one can figure out what went wrong. Here are some insights that may prove valuable. 1. Under-financed. Whether it is a start-up or the purchase of an existing business, most new entrepreneurs spend far too much of their funds on sizzle, not steak. What does that mean? As an example, too much money is spent on oversupply of inventory, leasehold improvements or other capital investments that leave the business short of the money it needs for marketing or cash flow until receivables turn over. Maintaining a cash reserve to carry the business through to success is critical.

2. Lack of knowledge. Many people get into a business for which they have lack of training or knowledge. They think they can learn on the job. Wrong. Go intern. Work for a successful company and put in the time until you learn how it should work, what to look out for – and how to run the business.

3. The amazing idea. The one thing I have seen over and over again 24

is a client coming in with the idea that will change the world. He has the next pet rock, hoola hoop, slinky, iPod, etc. There is a huge distance between an idea and fulfillment. Remember, a great idea does not make money – the execution and delivery does. In order to make the idea work, we need to develop a cohesive, coherent and practical business plan in writing. The business plan will allow you to express the detail and direction necessary to make the idea work. By the way, before an idea can be worked on, extensive market research is a critical factor.

4. The Lone Ranger. John Donne in the early 1600s said: “No man is an island, entire of itself, every man is a piece of the continent, a part of the main.” In other words, you need to recognize that every successful small business succeeds as a result of a team put together by the entrepreneur. If we try to do it alone, what is quickly discovered is not the leader’s strength

COMMERCIAL INVESTOR  |  Commercial Real Estate & Business Opportunities

but his weakness. Many failures come to roost when sales are exploding, market share growing and suddenly it falls apart because the back room is missing. The entrepreneur brilliantly develops his business but loses because of faulty accounting or controls. We all need to recognize our strengths and find the right partner or staff to supplement our weakness.

5. Bad partners. Everything is always good when it starts but when it becomes too successful or too tough, it usually breaks down. Trust is huge, so be careful and choose wisely. Make sure you have the relationship in writing. Also, never do a deal where the risk is lopsided. Everyone must be in the same place. 6. Penny wise and pound foolish. Ok, so we can’t afford to hire a lawyer to incorporate or advise. We pass on an accountant. Hmmm, we’ll get one later. This attitude is deadly. Get your professionals at the beginning to ensure that your business is properly constituted; that your personal liability is not on the table; and that the structure is in place from the beginning to allow for growth and proper process. Ok, that’s enough of this sort of thing. I hope this helps to make you think, explore and consider. Good luck, start your business and be successful. CI August 14–September 25, 2021


Shelley Rether Sales Representative

519-902-7755

bus: 519-433-4331

srether@sutton.com

Sutton Group-Select Realty Inc., Brokerage independently owned & operated

250 Wharncliffe Road North at Oxford, London ON N6H 2B8

suttonselect.com

Stellar 40x80ft CommerCial Grade Shop ... and a 5 bedroom bunGalow! 8520 laKeShore road lambton ShoreS, ontario • Commercial & Residential • 40x80 Sq Ft Commercial Grade Shop • Updated 5 bdrm Bungalow with double car garage • Finished Loft (800sf) for Income Potential • 5 Minutes from Lake Huron • Have a business on the hwy....and a house with a private back yard! • Lots of parking • Great property...so many options! • 45 minutes from London • 40 minutes from Sarnia • Commercial MLS# 40102716 • Residential MLS# 40102799 Shop: • Insulated & heated • concrete floor • 24x18ft overhead door • 20ft ceiling • 2 tonne overhead crane • car hoist • air compressor • HE gas furnace • A/C • 200 amp • 2-pc bathroom • laundry • 10x60ft mezzanine

$1,800,000 25


WANTED

“CONDO TITLED” PROJECTS AND MORE � � � � � � �

TOWNHOUSE PROJECTS WALK-UPS SEMI-DETACHED BUILDERS WANTING TO SELL UNITS IN BULK ALREADY BUILT AND RENTED CITIES & TOWNS OUTSIDE OF TORONTO QUICK CLOSE

CONTACT GINO 416.816.4360 genegiordano88@hotmail.ca PRIVATE INVESTOR

26


LOCATION, LOCATION!!!

$6500 + HST + TMI

DIRECTLY ACROSS FROM UFT

• Popular designated sandwich shop for University and patrons of the Spadina/ Harbord area. • Top of the line, super clean, equipment including salad bar, bread machine, walkin cooler, freezer, storage spaces, grill, microwave, some extra containers for the salad bar, tomato, and pepper slicer. • Offered @ $6,500/month plus TMI and HST • 3yr lease with option to renew

• Seating on upper floor for 17 people. • 2 bathrooms

416-785-6699

Email: pirikeddy@gmail.com 27


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

dedicated financing partner.

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

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Pro Funds Mortgages Brokerage License #12051 *Subject to satisfactory execution of all lender requirements and lawyer processing time. Financing dependant on approved credit (OAC). 28


312 Catharine St. N., Hamilton

View Our Magazines On any

DigiTaL DeViCe

$1,479,900 6.5% Cap Rate 7,032 Sq. Ft.

312 & 314 Catharine buildings have been merged into 1 property (joined internally on main floor). Property has been zoned for a bakery/catering business + residential. Bakery is currently on lease until Sept 2022. 3-bed apartment tenants on month-to-month. 2-bed apartment on lease until Oct 2021. Rents are under market value. Potential for commercial tenant to reduce square footage to North building and sever property into two separate dwellings.

anytime, anywhere!

• 2 Hydro Meters • 3 Gas Meters • Recoverable Utilities • Zoned D/S-1723

Published by:

Drew Woolcot, Broker Paul Roussel, Broker 905 332 9223

Now you can view all Commercial Investor magazines online using any smartphone, tablet or desktop device.

TheCOMMerCiaLinVesTOr.Ca

H A M I L T O N

Mazhar Roshan Sales Representative

905.929.9800 647.609.9463 905.574.6400

Direct GTA Direct Office

mazharroshan@sympatico.ca HAMILTON

18 ACRES OF LAND

53 ACRES OF LAND

HomeLife Professionals Realty Inc.

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

1235 FAIRVIEW STREET

JUST REDUCED MOTIVATED SELLER!

Long established variety and laundromat busi- Across from new proposed Hospital in Niagara Off exit # 21 QEW minutes away from new Plaza location with major stores like Longos, Beer ness. Store sale $22,000/mth. Lottery income Falls off exit #21 of QEW. Land has 1,900 Ft. proposed hospital. Good for future development or Store, Dollarama, Pet Value and many more. Long $3,600/mth. Laundromat income $9000/mth. frontage. Great potential for future development. investment. Land has 1,800 Ft. frontage on QEW. established convenience store.

1151 DUNDAS STREET W #11, L5C 1C6

BURLINGTON FOR LEASE

Long established news stand & gift shop in the heart of Mississauga. Real money making business, mall hours, $60M lottery winning ticket was sold here. 2000 Sq. Ft. on lower level for storage.

2 IN 1 3 BAY GARAGE + 2 BED 2 BATH HOUSE SELLING TOGETHER @ 999K

Long established auto repair garage business. Mixed use commercial property in the heart 3 Bays with two hoists fully equipped on desired of Hamilton Mountain close to all amenities, central mountain location. Close to all amenities. shopping, on bus route.

“My Business is to Sell Your Business” 29


SkyViews

Your Price for ‘Upside’ Finding Value in the Grey Areas By Cliff Ford, Skyview Realty

With the ever-increasing demand for multi-unit residential properties amongst investors, a trend has been emerging over the last number of years. Many properties, and certainly buildings with 30+ units, are seeing multiple offers as part of an open bid submission process. If you aren’t familiar with the bid submission process, it is the act of marketing a property for sale without providing a price. Typically, the Seller will provide all due diligence documents in advance of the offer deadline to allow buyers to determine what they are willing to offer on any given property. Sellers love this process as it can generally lead to multiple offers and can create a bidding war that drives up their end price. Buyers dislike this process, however, because they prefer to have some guidance on pricing going into the offer stage. As a brokerage, we are caught in the middle of wanting to deliver great results for our Seller and satisfying our buyer clients’ demands for more investment properties. What we have been noticing with these open bid properties is that ‘upside’ becomes a very common discussion point. The value a buyer places on the upside in a building can often become the factor that makes their offer stand out among the rest, at least as it relates to purchase price. When considering what the upside is on a property, its more than just rental rate upside, especially considering the lower vacancy rates seen in the Ontario market nowadays. Beyond the upside of what you could rent turned-over units for, investors are looking at upside in the utility consumptions by implementing programs to replace lighting with LED bulbs, installing Low-flow toilets in every unit, and investing in higher efficiency heating equipment. Upside can also be found in converting excess space in a building to either additional units, commercial space, or amenities that could draw in greater tenant rents. Sometimes even the location of the property itself

30

can have a form of upside for a particular buyer, in that they may own a building nearby and could create valued upside in the sharing of mutual expenses between each property. Whatever the upside factors may be on any particular property, when going into a purchase process, understanding what YOUR value is on the upside will give you a leg up when bidding against other buyers. It appears that, at least for the time being, the sale price of the property is no longer determined just by market comparable sales. It is now the grey areas of upside that are driving the prices higher. Of course if every seller had their way, the Buyer would be paying for 100% of the upside in their purchase price but realistic sellers also know that they need to leave something on the table for a buyer. As a buyer, you need to know what the upside is and how much you are willing to pay for that upside. It is a business decision that only you can determine based on your operations. To be fair when discussing bid submission processes, it should be stated that price may not always be the only factor when a seller chooses one offer to work with over another, but it is likely the most significant factor. As an example, buyers are becoming more and more organized in their purchasing processes in order to streamline their conditional periods and closing dates, as this can also help to achieve a sign back from a Seller when multiple offers are on the table. Especially if all offering prices are neck and neck, the terms of the offer becomes an important factor for a seller. You may not be a fan of the open bid submission process, but it appears as if this new trend will be sticking around. By doing proper due diligence upfront, good research on the property’s market, and determining the price you want to pay for the upside, you can still achieve great acquisitions in this tight and highly sought after investment class.


FORREST KENDLBACHER 416-921-1112 REAL ESTATE SERVICES LTD., BROKERAGE

194 Sherbourne St, Toronto

$2,549,900 Established And Successful 4 Unit Airbnb. Fully Furnished And Grossing $150K A Year. Amazing Opportunity To Live In And Collect Income Or Add To Your Portfolio. Large Owner Suite. Legal Fourplex. Fully Renovated And Tastefully Decorated.

560 Queen St W, Toronto

$2,900,000 Prime Queen St West Property On High Pedestrian Traffic Block On The North Side, Just East Of Bathurst. Great Windows And Signage. Amazing Opportunity For User Or Investor. Tenant Has Given Notice To Vacate. Density Allows For 3X Coverage.

1116 College St, Toronto

$2,998,000 Fully Updated&Improved Income Property On College St. All Major Capital Improvements Done Recently. $119,550 Net Income! 4% Cap! Great Commercial Tenants.Good Rents For Apts. Potential For Great Upside On Turnover.

2720 Danforth Ave, Toronto

$8,850,000 Proposed 59,530 Sf Mid-Rise Development. 9 Storey 81 Residential Units,1 Ground Level Commercial Space And 27 Underground Parking. Steps To Main Subway Station And Go Station. Short Term Tenant In Place. Planning Report From Weston Consulting Available. Development And Rsc Application Underway.

2970 Lake Shore Blvd W, Toronto

$13,950,000 Proposed 9 Storey 95 Residential Units And 5220 Sf Commercial 32 Underground Parking Spaces 98,684 Gfa Mid-Rise Development. Steps To Humber College Campus, Transit. Holding Income From Short Term Tenants In Place. 31


Unique Acquisition Opportunity

This is an opportunity to acquire a well-established “bottle your fine wines” business located in the Ottawa, Ontario area. Having competed in the most prominent international winemaking competition globally with 3,000 entries from 13 countries, the Company has won 32 International Medals (including 5 gold). The Company has an established, very loyal, and consistent customer base, generating 90% of repeat revenue. The sellers’ discretionary income is $70,000. The Company also has an option to buy their current leased premises for $220,000 (which was recently appraised for $470,000). The owners believe now is the time for a new acquirer to capitalize on the scalability and growth prospects and realize the Company’s true potential. The founding shareholder is looking to retire and sell 100% of the Company. If you would like to learn more, we have an NDA we would happily share. Once we receive the NDA, we will provide you with a confidential information package. We look forward to hearing from you.

Theos Capital Corporation

Middle Market M&A Advisors Business Valuation Consultants

1100 Burloak Dr., Suite 300 Burlington, ON Canada L7L 6B2 Phone: 905-336-8926 Fax: 1-877-283-0585 Email: ha@theos.capital Website: www.theoscapitalcorporation.com


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