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Commercial Investor - 22 June, 2019

Page 1

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June 22–July 20, 2019 Volume 19 | Issue 7

'VMM $PWFSBHF "SFB *ODMVEJOH -POEPO À ,JUDIFOFS À /JBHBSB 'BMMT À )BNJMUPO À 5PSPOUP À 0UUBXB $1,588,888 | MLS# H4048023

Selling Distinctive Lifestyles� A Must See !!! Truly an artist’s tranquil dream location with amazing settings in all seasons. They all have amazing nature at its finest. Transform the gorgeous and elegant yoga studio into an art studio and just start painting!! You will love the heated floors and oversized views.

5470 Harvester Road

$5,780,000

A rare opportunity to own a free standing building fronting on Harvester Road just west of Burloak

CONTACT: PAUL J. SZOSTAK, BROKER RE/MAX REAL ESTATE CENTRE INC., BROKERAGE TEL: 905.333.3500 EMAIL: stakteam@gmail.com

For more information: Michael Babbie Sales Representative Cell: 647-272-5899 Email: mbabbie@cbci.ca

Michael Schuler Senior Vice President & Partner Cell: 416-274-7467 Email: mschuler@cbci.ca

LARGE AND SMALL APARTMENT BUILDINGS WANTED

4 -4 8 7 5 21 6

Members have done thousands of deals. Members have now done deals $50M+ NATIONAL REAL ESTATE INFORMATION LISTING SERVICE

www.nreils.com

Free to Search Everyone can search within 5 seconds

41

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D TE AN W

D E T N A W

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62/' %< :,1&253 5($/7< ,1& Â&#x2021; /DUJH DQG 6PDOO $SDUWPHQW %XLOGLQJV DQ\ZKHUH LQ 2QWDULR Â&#x2021; +DYH PDQ\ &$6+ %X\HUV UHDG\ WR LQYHVW 12: Â&#x2021; 6SHFLDOL]LQJ LQ PXOWL UHVLGHQWLDO VDOHV IRU RYHU \HDUV Â&#x2021; 5HIHUHQFHV VXSSOLHG Â&#x2021; &RQĂ&#x20AC; GHQWLDOLW\ JXDUDQWHHG CONTACT: WINSTON DAVIES, BROKER OF RECORD WINCORP REALTY INC. REAL ESTATE BROKERAGE GUELPH, ON TEL: 519-836-2080 EMAIL: wjmdavies@rogers.com


SHAWN DOIRON SALES REPRESENTATIVE

MOBILE: OFFICE: E-MAIL: WEB:

905-515-5501 905-529-5900 Ext. 262 doirons@bbsrealty.com www.bbsrealty.com

COMMERCIAL REAL ESTATE SALES AND LEASING SERVICES FOR LEASE

PRIME QEW EXPOSURE, STONEY CREEK

Prime end cap unit with excellent QEW Hwy exposure to approx.. 250,000 cars per day. Unit size is 11,297 sf with high ceilings and large windows expandable to 16,000 sf, ideal for a large restaurant use with grade or possibly roof top patio’s (to be added) with panoramic views of the lake and escarpment in this new growth area. Other uses considered. Abundant parking & easy access. Asking $22/sf net, immediate possession. Landlord may assist. Call for details.

FOR SALE

2

FOR SALE

HAMILTON EAST

HAMILTON EAST

Attractive 2 story freestanding building with multi-tenant potential located on a major arterial street in large residential neighborhood with easy access to major highways. Newly renovated front stucco façade complete with new windows and doors. Gross building size approx. 11,870 sf (1st floor 6,320 sf, 2nd floor 5,550 sf) with approx. 6,320 sf basement. Fully finished basement occupied by long term tenant for additional income. Includes parking on-site for 29 vehicles. Building interior gutted ready for build-out. C5 zoning permits a variety of uses. Excellent opportunity for owner/user/investor. Proforma available. Contact Listing Agent for more details. Asking $1,399,000.00.

Attractive 2 story multi-tenant building located on a major arterial street in large residential neighborhood with easy access to major highways. Newly renovated front stucco façade complete with new windows, door, and signage with excellent street front exposure. Potentially on new LRT route. Gross building size approx. 8,528 sf (1st floor 4,264 sf, 2nd floor 4,264 sf) with approx. 4,264 sf usable high and dry basement partially finished. Includes parking on-site for approximately 19 vehicles. TOC1 zoning permits a variety of uses. Excellent opportunity for owner/user/investor. Contact Listing Agent for current income details. Asking $1,199,000.00.

FOR LEASE

FOR LEASE

663 1/2 FENNEL AVE. E., EAST MOUNTAIN

4155 FAIRVIEW ST., BURLINGTON

Attractive retail/office building located just west of Upper Sherman and Fennell Avenue East intersection. Newly constructed shell measuring 1,398 sf gross rentable area ready for tenant build-out offers excellent street front exposure to vehicle and foot traffic. Sign box above store front and portion of large blade sign for tenant use. Parking located at rear of building. Many uses permitted. Asking $11.95/sf net, $5.00/sf TMI. Possession 30 days. Call Listing Agent for more details.

Busy neighborhood retail plaza on high traffic street with ample onsite parking. Perfect for restaurant, martial arts, fitness club, medical and professional office use with a variety of other uses permitted. Gross rentable area measures 6,093 sf. Landlord will consider assisting with leasehold improvement. Asking $11.95/sf net and $9.33/sf TMI. Available immediately. Call Listing Agent for details.


AVAILABLE

INVESTMENT OPPORTUNITIES SOUTHWESTERN ONTARIO INVESTMENT TEAM

AGRICULTURAL LAND Thames Centre, Ontario + + + +

+ + + +

96.34 acres cleared land Former gravel pit, ready for agricultural use Picturewque rolling landscape Asking $1,350,000

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

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

FULLY LEASED PLAZA Kitchener, Ontario

Mitchell Blaine* 519 340 2309 mitchell.blaine@cbre.com

London 380 Wellington Street, Suite 30 N6A 5B5 T 519 673 6444 F 519 673 6948

+ + + +

14,417 Sq. Ft. on 2 acres Long term stable tenants on short leases Scheduled Net Operating Income of $158,026 Asking: $2,750,000

Mel de Oliveira** 519 340 2311 mel.deoliveira@cbre.com

+ + + +

Waterloo Region 72 Victoria Street S., Suite 200 N2G 4Y9 T 519 744 4900 F 519 571 9315

2.57 & 6.78 acre parcels for sale North side of commissioners road east High growth node of London At entrance of new residential subdivision

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

+ Âą2.0 acres net + Development concept yields 24 cluster towns + Asking $2,000,000 ($83,333/unit)

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

Chris Kotseff* 519 340 2321 chris.kotseff@cbre.com

MEDIUM & HIGH DENSITY DEVELOPMENT LAND London, Ontario

TOWNHOUSE DEVELOPMENT SITE Wellesley, Ontario

+LJK WUDIĂ&#x20AC;F KLJK H[SRVXUH ORFDWLRQ 15,936 SF; 0.96 acres Upside on rents; WALT: 3.8 years New zoning encourages high-density development

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

+ 28,309 Sq. Ft. fully leased property + Well positioned, with quick highway access in Kitchener + &ORVH SUR[LPLW\ WR QXPHURXV DPHQLWLHV

MULTI-TENANT INDUSTRIAL BUILDING Kitchener, Ontario

+ Âą38.5 acre site inside the urban boundary + Located off Hwy 8; 10 min drive east to Stratford + Numerous grocery, restaurants, shops and other amenities nearby

+ + + +

7,684 Sq. Ft. In prominent downtown location 1DWLRQDO WHQDQW RQ JURXQG Ă RRU Fully leased Asking $2,070,000

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

SUBDIVISION DEVELOPMENT LAND Sebringville, Ontario

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

FULLY LEASED COMMERCIAL ASSET Kitchener, Ontario

INVESTMENT OPPORTUNITY London, Ontario

COMMERCIAL DEVELOPMENT LAND London, Ontario + + + +

1.46 acre commercial land 20,000 vehicles per day on Wharncliffe Road S Active residential & commercial development Ideal for medical/dental and many other uses

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

Windsor 3200 Deziel Drive, Suite 110 N8W 5K8 T 519 252 4095 F 519 252 7554

www.cbre.ca * Sales Representative ** Broker

This disclaimer shall apply to CBRE Limited, Real Estate Brokerage, and to all other divisions of the Corporation; to include all employees and independent contractors (â&#x20AC;&#x153;CBREâ&#x20AC;?). The information set out herein, including, without limitation, any projections, LPDJHV RSLQLRQV DVVXPSWLRQV DQG HVWLPDWHV REWDLQHG IURP WKLUG SDUWLHV WKH ´,QIRUPDWLRQÂľ KDV QRW EHHQ YHULĂ&#x20AC;HG E\ &%5( DQG &%5( GRHV QRW UHSUHVHQW ZDUUDQW RU JXDUDQWHH WKH DFFXUDF\ FRUUHFWQHVV DQG FRPSOHWHQHVV RI WKH ,QIRUPDWLRQ &%5( GRHV QRW accept or assume any responsibility or liability, direct or consequential, for the Information or the recipientâ&#x20AC;&#x2122;s reliance upon the Information. The recipient of the Information should take such steps as the recipient may deem necessary to verify the Information prior to placing any reliance upon the Information. The Information may change and any property described in the Information may be withdrawn from the market at any time without notice or obligation to the recipient from CBRE. CBRE and the CBRE logo DUH WKH VHUYLFH PDUNV RI &%5( /LPLWHG DQG RU LWV DIĂ&#x20AC;OLDWHG RU UHODWHG FRPSDQLHV LQ RWKHU FRXQWULHV $OO RWKHU PDUNV GLVSOD\HG RQ WKLV GRFXPHQW DUH WKH SURSHUW\ RI WKHLU UHVSHFWLYH RZQHUV $OO 5LJKWV 5HVHUYHG

3


COMMERCIAL OPPORTUNITIES Multi-Unit Commercial Building in the heart of Wortley Village

141 Wortley Rd, London, ON

Asking: $1,385,000.00

Andrew Johnson* 519.438.8639

andrew.johnson@cushwakeswo.com

Brent Rudell*** 519.438.5608

den apartment Site Area: 0.25 acres 20+ Parking Stalls Zoning: BDC - Allows for a wide range of commercial uses Net Operating Income: $81,000.00

OFFICE/RETAIL

OFFICE/RETAIL

SOUTHWESTERN ONTARIO

RETAIL

david.jongerden@cushwakeswo.com

130 Christina St N, Sarnia, ON

Asking: $699,000.00 Kenn Poore** 519 384 8528

kenn.poore@cushwakeswo.com

Andrew Johnson* 519.438.8639

George Kerhoulas* 519.931.2181

Total Building: approx. 6,400 SF 0.153 Acres Frontage: 66.64’ Zoning: D1 Taxes: $6,600.00 (2018) Corner location with excellent visibility from both Christina St N and Cromwell St in great proximity to two municipal parking lots Currently set up as two seperate units

DEVELOPMENT LAND

1,000 SF - warehouse (in a mobile unit) Zoning: LI 1(3) Taxes 2018: $20,139.63 Includes a partly fenced yard with plenty of land to expand or develop Corner site in highly sought after NW London location

1269 Hyde Park Rd, London ON

Asking: $1,900,000.00 Gary Pollock** 519.931 2174

Approx. 1,000 SF on the lower level space Site Area: 0.264 acres On-site parking Zoning: BDC - Allows for a wide range of commercial uses Taxes (2018): $11,960.73

Excellent location in Northwest London 2 Acres of development land (subject to severance) Zoning: RSC 1, 3, 5 (Restricted Service Commercial) - Allows for a wide range of uses approximately 30,000 cars per day

gary.pollock@cushwakeswo.com

INVESTMENT

WAREHOUSE/OFFICE

David Jongerden* 519.438.9125

Asking: $750,000.00

george.kerhoulas@cushwakeswo.com

0.905 Acres Total Building: 4,100 SF 3,100 SF - showroom/

Asking: $825,000.00

2550 Main St, Lambeth, ON

andrew.johnson@cushwakeswo.com

brent.rudell@cushwakeswo.com

2040 Blue Heron Dr, London, ON

Free Standing Commercial Building Approx. 3,200 SF on

1375 Huron Church Rd, Windsor, ON

Asking: $3,300,000.00 Tyler Desjardine* 519.438.5403

Prime Commercial Investment Opportunity Total Building Area: 6,954 SF on approx. 0.88 acres Two free standing buildings Net Operating Income: Approx. $198,028/yr All Long Term Leases Three Solid National Tenants

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 ©2019 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 t o 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 spe cial 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.

4


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8 MAIN ST. E., HAMILTON

OFFICE SPACE

Close to the Court House, City Hall and McMaster. Available immediately. Downtown office space from 406 - 1285 sq. ft. From $610 monthly

Tony DeSantis

905-777-0252 ext 304 E-mail:

info@desantis.com

www.desantis.com

Over 27 Years of

Cutting Edge Results

6KDXO

Shaul Sharabi BROKER, B.A.

416.902.3770 “HALL OF FAME”

5 5DFKHO 6KDUDEL Rachel Sharabi SALES REP, B.Sc.

416.903.5598

“LIFETIME ACHIEVEMENT”

WELL ESTABLISHED TANE ART GALLERY & ONLINE AUCTION

VIP Passes To New Condos Before Sale To Public Starting Out – Moving Up – Downsizing – Investing – Commercial RENOVATED 450 SF UNIT FRONT

Excellent Opportunity To Become A 50% Partner of A Well Established Tane Art Gallery & Online Auction w/ Lots of Client Connections. Seller Needs Partner To Extend Business. ½ of Inventory Incl. is Worth Approx $2,500,000!

$450,000

Very Clean Space Offered for Sub-Lease. Completely Finished w/ Laminate Flooring & A Washroom. Head Tenant Uses Back Warehouse For Storage Only. Great Use For A Professional Office, Showroom, Etc.

$1,450/Month For Lease

www.luxuryrealtybroker.com )UHH PDUNHW HYDOXDWLRQ 9LUWXDO WRXU SLFWXUHV &RORXU EURFKXUH :LGH H[SRVXUH DGYHUWLVLQJ REALTRON REALTY INC, BROKERAGE INDEPENDENTLY OWNED & OPERATED

6

*limited to $10,000


10-14 PRINCESS ST E, WATERLOO

$ 1,590,000

$1,250,000

466 FINKLE ST, WOODSTOCK

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396 WELLINGTON ST N, KITCHENER

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$624,900

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#3 - 35 CHERRY BLOSSOM RD, CAMBRIDGE $249,900

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$15/SF

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519.578.0337

CELL:

$25-$40/SF #106-191 KING ST S, WATERLOO

$27/SF

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#20 - 60 BATHURST DR, WATERLOO

$5.75/SF WANTED APARTMENT BUILDINGS IN SOUTHWESTERN ONTARIO

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NEIL KOEBEL

RYAN BRIGGS

DUNCAN MCLEAN

AHREN SPYLO

Broker of Record

Sales Representative

Sales Representative

Sales Representative

519-741-6594

Neil@cmarealty.ca

CELL:

$489,000

BQBSUNFOU SFOUFE GPS t 1PUFOUJBM GPS UP VOJUT t -FHBM BDDFTTPSZ BQBSUNFOU BOE UXP $MBTT NPOUI t $POWFOJFOU MPDBUJPO GPS " SFOUBM MJDFOTFT t $PJO PQFSBUFE MBVOESZ USBOTJU TIPQQJOH QBSL t .' CFE VOJU JT BXBJUJOH t .-4 IPTQJUBM B OFX PXOFS PS UFOBOUT t $BMM $ISJTUJOB t MLS t #BTFNFOU CFE t $BMM %VODBO .D-FBO

255 NORTHFIELD DR, WATERLOO

t TG 0Gý DF PO NBJO þ PPS BMTP BWBJMBCMF JEFBM GPS QFSTPOBM TFSWJDF PS NFEJDBM t MLS t $BMM %VODBO .D-FBO

KITCHENER, ONTARIO

$599,900 445 DRUMMERHILL CRES, WATERLOO

1257 KING ST E, CAMBRIDGE

t )JHI WJTJCJMJUZ DPSOFS PG #SJEHF /PSUIý FME t TG JOMJOF BOE QBE TJUFT POF XJUI ESJWF UISPVHI QPUFOUJBM UP CF DPOTUSVDUFE t .9$ [POJOH QFSNJUT

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1120 VICTORIA ST N, KITCHENER

$1,095,000

193 WATER ST S, CAMBRIDGE

519.498.5775

Ryan@cmarealty.ca

CELL:

519.590.7997

Duncan@cmarealty.ca

CELL:

519-577-1363

Ahren@cmarealty.ca 7


Land Exchange Ltd. Brokerage Independently Owned and Operated 262 Josephine St., Wingham www.remaxlandexchange.ca Office: 519-357-3332

RENATE SIEBER-SCHLEGEL Broker of Record

Cell:

519.531.1177

INDUSTRIAL BUILDING LOTS – BRUCE ENERGY CENTRE FO

R

SA

LE

LOT 2-1 Farrell Drive, Tiverton/Kincardine – 8.81 acres LOT 6-1 Farrell Drive, Tiverton/Kincardine – 9.07 acres LOT 11-1 Farrell Drive, Tiverton/Kincardine – 7.31 acres LOT 12-1 Farrell Drive, Tiverton/Kincardine – 7.75 acres USES: Bulk Fuel Depot, Contractor’s Yard, Greenhouse, Industrial Training Centre, Industrial Use, Service Establishment, Transport Depot, Warehouse. PT LOT F Concession 4, Tiverton/Kincardine – 10 acres USES: Automobile Car Wash, Automobile Gas Bar, Automobile Service Station, Restaurant, Convenience Store, Warehouse.

DESIGN BUILD BUSINESS COMBINATION Office / Industrial / Warehouse Complex for long term lease available 191 SUNCOAST DRIVE E, GODERICH

69323 RICHMOND STREET, CENTRALIA E AS LE R FO

FO

R

SA

LE

$379,900 1.43 acres prime commercial lot with municipal services at lot line, close to industrial park and residential development, many permitted uses e.g. auctions sales, automotive, warehouse, restaurants, kennel, retail store, clinics and many more. Great location with lots of visibility.

Prime industrial space between Exeter and London on Highway 4, lots of parking, steel building lots of office space, warehouse, loading docks, and much more - available as of January 1, 2020.

165 KINCARDINE HIGHWAY, WALKERTON

FO

R

LE

AS

E

INDUSTRIAL*

8

214,810 sf of manufacturing facility including 32, 880 sf of bright office space. Situated on 21.19 acres at the intersection of Highway 4 and 9 in Walkerton. Power – 4,200 amp substation, municipal sewers and water, 9 loading docks, fully fenced yard. This property is available for immediate possession. Approximately 183 km north west of Toronto and 47 km south east of Bruce Power.


contents 12

INVESTMENT Millennials’ interest in buying recreational properties is growing: Report

18 20

TRENDING

24

INVESTMENT

Women entrepreneurs wanted to participate in export study

TRENDING Warning from CRA: Don’t get caught in a real estate investment tax scheme

NEXT ISSUE:

26 30 38

LEGALLY SPEAKING

July 20, 2019

Renting out your condo? Here’s what you need to know

ADVERTISING DEADLINE:

Wed. July 10, 2019

BUSINESS SAVVY Five tips for a successful commercial real estate purchase

TRENDING Overhauling Toronto’s minimum parking standards will cut housing costs: Report

Commercial real estate still a strong market for investors

REGIONS Kitchener, Waterloo & Guelph ............. 10 Southwestern Ontario ...........................18 Hamilton ...............................................19 Greater Toronto Area.............................25 Eastern Ontario .................................... 34 Central Ontario ......................................35 Niagara .................................................37 Business Investors ................................39

TORONTO

GUELPH KITCHENER/ WATERLOO LONDON

OTTAWA

HAMILTON NIAGARA

MEDIA CONSULTANTS

Yhanique Facey 1.866.536.2606 Daphne Kua 1.866.532.2593 PRESIDENT & PUBLISHER Leo Racioppo leo@mediaclassified.ca CHIEF OPERATING OFFICER John Racioppo john@mediaclassified.ca ACCOUNTING INQUIRIES accountingteam@mediaclassified.ca CIRCULATION INQUIRIES distributionteam@mediaclassified.ca

EDITOR Marlene Eisner DIRECTOR OF PRINT MEDIA Lauren Reid-Sachs GRAPHIC DESIGNER & COORDINATOR Alicesa Pullan GRAPHIC DESIGNERS Sandra Hanak, Tammy Leung, Johannah Lorenzo, Mike Terentiev, Kathleen Walker, Alice Wu, Hannah Yarkony All submissions from interested parties will be considered. Please submit to the editor at editorial@mediaclassified.ca

HEAD OFFICE 610 Applewood Crescent, Suite 401, Vaughan ON L4K 0E3 T: 905.761.3313 | Toll Free: 888.761.3313 | 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 2019. 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 SALE

170 UNIVERSITY AVENUE WEST, WATERLOO

43690 ELORA STREET, CLIFFORD

SALE

529-533 EXMOUTH STREET, SARNIA

SALE

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353 BRIDGE STREET EAST, KITCHENER

197-199 DUNDAS STREET, LONDON

1250 FISCHER HALLMAN ROAD, KITCHENER

ER D N U CT A R NT O C

534 QUEENS AVENUE, LONDON

SALE

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417 EXETER ROAD, LONDON

MLS

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1314 FISCHER HALLMAN ROAD, KITCHENER

ER D N U CT A R NT O C

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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

10

COMMERCIAL INVESTOR | Commercial Real Estate & Business Opportunities

June 22â&#x20AC;&#x201C;July 20, 2019


KITCHENER/WATERLOO GUELPH & CAMBRIDGE

519.742.7000 www.coupalmarkou.com 25 INDUSTRIAL DRIVE, ELMIRA

LEASE

L

231 SHEARSON CRESCENT, CAMBRIDGE

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D E S EA

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15 BARNSWALLOW DRIVE, ELMIRA

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LEASE

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LEASE

LEASE 102-100 AHRENS STREET WEST,

MANITOU / FAIRWAY PLAZA

MLS

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LEASE

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STREET SOUTH, LEASE #8A â&#x20AC;&#x201C; 250 DUNDAS CAMBRIDGE

KING STREET WEST, KITCHENER

LEASE

EXCLUSIVE

3-347 ERB STREET WEST, WATERLOO

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LEASE

100-85 WEBER STREET W, KITCHENER

D E S EA

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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

EXCLUSIVE

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

June 22â&#x20AC;&#x201C;July 20, 2019

Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR

11


Investment

:\Y]L`! 4VYL Millennials

SVVR to own recreational WYVWLY[` A RE/MAX survey released June 6 and conducted E\ /HJHU ÀQGV SHU FHQW RI 0LOOHQQLDOV DUH LQ WKH PDUNHW WR SXUFKDVH D UHFUHDWLRQDO SURSHUW\ 7KLV LV XS SHU FHQW IURP ODVW \HDU ZKHQ SHU FHQW RI WKLV GHPRJUDSKLF FRQVLGHUHG EX\LQJ UHFUHDWLRQDO SURSHUW\

12

COMMERCIAL INVESTOR | Commercial Real Estate & Business Opportunities

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Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR

13


KITCHENER/WATERLOO GUELPH & CAMBRIDGE

Dalibor Radulovic Sales Representative dalibor1@rogers.com

Chris Mossey

Tunde Abiodun

Rob Piombini

chrismossey@rogers.com

tabiodun@gmail.com

rpiombini@homelifepower.com

Sales Representative

Broker

Broker

519-885-8810

HomeLife Power Realty Inc., Brokerage*

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

0

,50

9 $69

*Independently Owned and Operated

Attention Investors!

Exclusive Listing 761 Frederick St. Kitchener ON Great Investment Opportunity for Investor or Owner Occupied! Tri-Plex in sought after area in Kitchener right on Frederick Street with double car garage and additional parking on driveway. Close to Shopping and Public Transit. Financials and additional information available upon request. Please allow for 24 hrs for any showings.

Available Exclusive Listings Mid-Rise Apartment Buildings High-Rise Apartment Buildings Priced $2-60 Million CALL US FOR DETAILS!

00

IT

D N O C

L

A N O I

9,9

29 $1,

Development Opportunity 575 Glen Forrest Blvd, Waterloo ON Rare 0.73 Acre Development Land Opportunity with C3-10 Zoning allowing for a combined Commercial & Residential 3- Floor Development in Waterloo West. C310 Zoning also allows for many commercial and retail uses. Phase 2 Environmental Completed showing it as a clean site. Adjacent to Park, Residential, and Retail. Easy Access to the LRT, Parks, Schools, Services, and Shopping. Walking distance to David Johnson Research + Technology Park (University of Waterloo)

JAMIE HANKE

Sales Representative Royal Lepage Triland Realty jhanke@royallepage.ca | 519-672-9880 Ă&#x20AC; .6-5* 5&/"/5 */%6453*"- */7&45.&/5 -0$"5&% */ 45 5)0."4 0/ Ă&#x20AC; 42 '5 *4 %*7*%&% */50 6/*54 0/ "$3&4 0' -"/% Ă&#x20AC; '5 $-&"3 )&*()5 '6--: 413*/,-&3&% 1"3,*/( 45"--4 Ă&#x20AC; #6*-5 */ )*() 53"''*$ -0$"5*0/ 8*%& "33": 0' ;0/*/( 64&4 Ă&#x20AC; /&8 410354 065%003 3&$3&"5*0/ $&/53& *..&%*"5&-: /035) 0' 1301&35: Ă&#x20AC; 105&/5*"- /&5 */$0.& SALE PRICE

14

COMMERCIAL INVESTOR | Commercial Real Estate & Business Opportunities

$2,995,000

June 22â&#x20AC;&#x201C;July 20, 2019


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 fax: 519-489-1333

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

Jennifer Shingler

Sales Representative jenn@teammilovick.com

www.TeamMilovick.com

Invest in Ontarioâ&#x20AC;&#x2122;s Number 1 Town Today! Subscribe: Latest KWC Real Estate News: www.FaceBook.com/TeamMilovick 28 ELMSDALE DRIVE, KITCHENER

$

D L O S

2,999,000

à ® .YVZZ (UU\HS 0UJVTL (]HPSHISL /LYL à ® 5L^LY :[HJRLK ;V^UOV\ZL +L]LSVWTLU[ à ® )LH\[PM\SS` SHUKZJHWLK à ® 5V KLMLYYLK THPU[LUHUJL à ® :\P[L PUJS\KLZ! HWWSPHUJLZ SH\UKY` JVSVUPHS ZLYPLZ KVVY [YPT SHTPUH[L MSVVYPUN à ® *SVZL [V HSS HTLUP[PLZ à ® 43:®

109 BRUCE STREET, KITCHENER

$

739,900

600,000

à ® ,_JS\ZP]L KL]LSVWTLU[ VWWVY[\UP[` SVJH[LK ^P[OPU H TPU\[L ^HSRPUN KPZ[HUJL [V 4PSS :[YLL[ 39; :[H[PVU à ® 7SHUULY ZH`Z [V \UP[Z ^P[O J\YYLU[ 9 aVUPUN TH`IL \W [V ^P[O TPUVY ]HYPHUJL MVY WHYRPUN \UP[Z ^P[O M\[\YL aVUPUN à ® 3HYNL LHZ` [V ^VYR ^P[O ZP[L TH_PTPaLK ^P[O H MYHTL I\PSK à ® ,_JS\ZP]L

$

389,900

June 22â&#x20AC;&#x201C;July 20, 2019

665,000

à ® 6WLU JVUJLW[ JVU[LTWVYHY` :- VM MPUPZOLK ZWHJL W\YWVZL I\PS[ V^ULY I\PS[ SLNHS K\WSL_ PU KLZPYHISL .YHUK 9P]LY 5VY[O à ® :LWHYH[L TL[LYZ! ^H[LY LSLJ[YPJP[` HUK NHZ ;^V NHZ M\YUHJLZ à ® +V\ISL JHY KYP]L^H` VJJ\WHU[Z KV UV[ OH]L [V WHYR PU [HUKLT à ® 43:®

45 HIGH STREET, WATERLOO

43 EUCLID AVENUE, WATERLOO

$

599,900

$

à ® .YVZZ (UU\HS 0UJVTL à ® 4\S[P`LHY 3LHZLZ <U[PS ([ 3LHZ[ (\N\Z[ à ® 7VZP[P]L *HZO -SV^ >P[O 1\Z[ +V^U à ® :PUNSL +L[HJOLK .HYHNL à ® 4HPU -SVVY <UP[ *VTWSL[LK <WKH[LK à ® *P[` (WWYV]LK 9LU[HS 3PJLUZLK 6WLYH[PVU à ® +LZPYHISL )LKYVVT 3H` 6\[ à ® ,HZ` >HSR ;V <^ (UK >S à ® 43:®

304-8 HICKORY STREET WEST, WATERLOO

à ® .YVZZ 4VU[OS` 0UJVTL à ® 4HZZP]L :- ;OYLL )LKYVVT <UP[ (]HPSHISL /LYL à ® @LHYZ @V\UN à ® 0U :\P[L 3H\UKY` à ® *VU[LTWVYHY` -PUPZOPUNZ [OH[ :[\KLU[Z 3V]L à ® :[LWZ [V >3< ,HZ` ^HSR [V <> à ® 3LHZLZ PU 7SHJL [V ([ 3LHZ[ LUK VM (\N\Z[ à ® 43:®

$

à ® .YVZZ (UU\HS 0UJVTL (]HPSHISL /LYL à ® ,U[Y` 3L]LS (WHY[TLU[ )\PSKPUN à ® ;^V ILKYVVT \UP[Z ;^V IHJOLSVY \UP[Z à ® +LZPYHISL 9VTZLV\U[ /LYP[HNL 7HYR HYLH à ® 6WWVY[\UP[` [V PUJYLHZL YLU[Z ZPNUPMPJHU[S` [V THYRL[ VU YL YLU[HS à ® 6]LYZPaLK KP]PKLK KV\ISL JHY NHYHNL à ® :OV^Z JSLHU ^P[O \WKH[LZ à ® .YLH[ YLU[HS SVJH[PVU RPSVTL[LYZ [V .VVNSL à ® 43:®

99 KEHL STREET, KITCHENER

$

6 SMETANA DRIVE, KITCHENER

399,000

à ® 7YL *VUZ[Y\J[PVU (ZZPNUTLU[ *VUKV 6WWVY[\UP[` PU +LZPYHISL 5VY[OKHSL à ® :WHJPV\Z ZX\HYL MVV[ [^V ILKYVVT [^V IH[O Z\P[L ^P[O ZX\HYL MVV[ IHSJVU` à ® 3VJH[LK HSTVZ[ HJYVZZ [OL Z[YLL[ MYVT >3<»Z 3HaHYPKPZ )\ZPULZZ )\PSKPUN [OPZ VWWVY[\UP[` JV\SK ^VYR ^LSS MVY Z[\KLU[ \UP]LYZP[` OP [LJO LTWSV`LL VY LU[Y` SL]LS PU]LZ[VY à ® 43:®

4-451 ALBERT STREET, WATERLOO

$

270,000

1-455 ALBERT STREET, WATERLOO

$

à ® ;OL Z[\KLU[ JVUKV [OH[ `V\ OH]L ILLU ^HP[PUN MVY -\SS YLUV]H[LK HUK ZOV^Z ((( à ® 4HYISL JV\U[LY [VWZ ;^V TVKLYUPaLK IH[OYVVTZ à ® )LH\[PM\S WSHUR MSVVYPUN [OYV\NOV\[ ;\YU RL` YLU[HS SPJLUZLK *P[` (WWYV]LK VWWVY[\UP[` H]HPSHISL PU KLZPYHISL 4HWSL .YV]L JVTWSL_ à ® >LSS THUHNLK Z[HISL JVTWSL_ à ® ,_JS\ZP]L

239,900

D L O S

à ® ;\YU RL` YLU[HS SPJLUZLK IKYT JVUKV VWW à ® 3HUKSVYK MYPLUKS` KL]LSVWTLU[ ^P[O HSS \UP[Z NLHYLK [V^HYKZ YLU[HS à ® >LSS THUHNLK Z[HISL JVTWSL_ à ® ,UK \UP[ SHYNLY [OHU PU[LYPVY \UP[Z PU [OL KL] à ® (SS IKYTZ HYL HIV]L NYHKL UV IZTU[ IKYTZ à ® 9LHZVUHISL JVUKV MLLZ VM Q\Z[ H TVU[O à ® 6WWVY[\UP[` [V IYPUN YLU[Z PTTLKPH[LS` [V THYRL[ à ® ,HZ` ^HSR [V IV[O \UP]LYZP[PLZ à ® 43:®

Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR

15


KITCHENER/WATERLOO GUELPH & CAMBRIDGE

COLDWELL BANKER COMMERCIAL PETER BENNINGER REALTY, BROKERAGE 508 RIVERBEND DRIVE, KITCHENER, ON. PHONE: 519-743-5211 523 SF · $39.00/SF · MLS: 30662378 · WATERLOO New retail unit with paƟo. Located in the heart of the University District. Lester Tobin*

3,961 SF · $28.00/SF · MLS: 30637876 · KITCHENER · Freestanding building w/high exposure & high traĸĐ. Ample on-site drive up parking. Lester Tobin*

512-2,211SF · $22.00/SF· MLS:30720593 1,100 - 5,500 SF · $32.00/SF · MLS: 599/604/619/621/629/634/637/641 30737746/728/713/696/682 CAMBRIDGE · WATERLOO · Welcome to “The Hub” an New retail plaza on main corridor with high -tower commercial/ -site drive up parking. Neighbouring Tenants Lester Tobin* include Zehrs, McDonald's, LCBO, Beer Store and many more. Lester Tobin * 4,500 SF · $9.00/SF · MLS: 30719754 · WATERLOO · Updated oĸce space 532 SF · $1,199/Month · MLS: 30664627 · Immediately available for lease w/ furniture WATERLOO · Finished 2nd Ňoor oĸce. 3 if required. Long term or short term lease large windows. High traĸc intersecƟon. 24/7 electronic reader board. Colin Vogel* with storage space. Call today for more info! Chris Kolednik** 1,143 SF · $10.00/SF · MLS: 30709843 · 1,462 SF · $12.00/SF ·MLS:30716173 WATERLOO · Bright, well located oĸce KITCHENER · Retail/Medical/Oĸce End space. James Boudreau**/Gary Boudreau* Unit with High Exposure. Build to suit. Ample on-site drive-up parking. Space can 2,221 SF · $18.50/SF · MLS: 30731657 WAbe divided. Lester Tobin* TERLOO · Finished Unit on Main Ňoor . Abundant on site parking. High trĂĸĐ @ John Hoīman* 2,000 SF · $18.00/SF · MLS: 30711454 King + Columbia.

3,144 SF · $12.00/SF · MLS: 30696919 · KITCHENER · Aīordable oĸce space just Žī LRT route. High visibility

R E TA I L / O F F I C E FOR SALE/LEASE

Ample parking available. James Boudreau**/Gary Boudreau* 1,162 SF - 1,779 SF · From $22.00/SF · MLS: 30717001· BRESLAU · New Retail Development in a growing, under-serviced Pad

site w/drive-thru available. James Boudreau**/Gary Boudreau*

872 SF · $12.00/SF · MLS: 30698823 · CAMBRIDGE · High ƚƌĂĸc ůŽĐĂƟŽŶ, high exposure. Ample on-site drive-up parking. Zoning allows many uses. Lester Tobin* 63,027 SF · $16.95/SF · MLS: 30719228 · WATERLOO · AAA KĸĐĞ Space.

WATERLOO · KĸĐĞͬZĞƚĂŝů Space, High VisiJames Boudreau**/Gary Boudreau* bility, Steps from WLU, Starbucks, 32,000 SF · $16.95/SF · MLS: 30689959 · Mortys, BMO, On-Site Parking. Zoning WATERLOO · Well located AAA KĸĐĞ Space. to approx. 8,000 SF. 2,500 SF · $14.00/SF · MLS: 30718982 · Allows for Many Uses. Chris Kolednik** Divisible CAMBRIDGE ·Space oīers a perfect spot for James Boudreau**/Gary Boudreau* any business that needs OĸĐĞ and 2,786 SF · $25.00/SF · MLS:30709704 1,010 SF - 2,800 SF · $13.50/SF Warehouse space. Ideal for HVAC, Water WATERLOO · Retail unit in the heart of WaMLS: 30721013/1031/1039 · KITCHENER SoŌĞŶĞƌ and Cellphone Shop Uses. terloo’s University District on Chris Kolednik** Busy neighbourhood plaza. Various sizes University Ave. Ample on-site parking, highavailable. James Boudreau**/Gary Boudreau* exposure-high ƚƌĂĸĐ͘ Lester Tobin* 982 SF · $16.50/SF · MLS: 30734996 · 3,000 SF · $28.00/SF · MLS: 30637864 KITCHENER · Main Floor Store Front 2,792 SF · $21.00/SF ·MLS:30703174 KITCHENER · Freestanding pad site with OĸĐĞ Space near St. Mary’s Hospital. Space KITCHENER · Newly constructed retail drive-thru. Ample on-site drive up parking. is suitable for a variety of plaza with high exposure and traĸĐ͘ Lester Tobin* medical/oĸce/commercial uses. Centrally located near highschool, Gary Boudreau*/James Boudreau** 5,800 SF · $549,000 · MLS: 30599428 · AYR new LRT stop. Lester Tobin* · Located at the gateway to Urban Ayr. Ideal 800 SF · $16.50/SF · MLS: 30730592 · for oĸce, vet., or place of KITCHENER · Nicely ĮŶŝshed retail unit in 2,006 SF · $30.00/SF · MLS: 30712431 worship. Colin Vogel* busy Rosemount Plaza. Low common fees. WATERLOO · Turn-Key spa with liquor license. Located in the heart of the 3,165 SF · $11.00/SF · MLS: 30653390 Ideal for Service and Retail. Ample On-site Gary Boudreau*/ University District. Main ŇŽŽr of WATERLOO· Bright second ŇŽŽƌ space. Free Parking. James Boudreau** Abundant on site parking High ƚƌĂĸĐ @ King “The Hub” Lester Tobin* + Columbia. John Hoīman*

www.coldwellbankercommercial.ca Email : Commercial@coldwellbankerpbr.com ** Broker 16

COMMERCIAL INVESTOR | Commercial Real Estate & Business Opportunities

* Sales Representative ** Broker June 22–July 20, 2019


KITCHENER/WATERLOO GUELPH & CAMBRIDGE

COLDWELL BANKER COMMERCIAL PETER BENNINGER REALTY, BROKERAGE 508 RIVERBEND DRIVE, KITCHENER, ON. PHONE: 519-743-5211

INDUSTRIAL/ WA R E H O U S E FOR LEASE/SALE

RETAIL/REDEVELOPMENT SITE FOR SALE KITCHENER · 1,586 SF/0.12 Acres · $899,000 MLS: 30616343 Unique High ProĮůĞ LocaƟŽŶ͘ Corner Lot beside farmers market. Great redevelopment site, parking lot, etc. Lester Tobin*

INDUSTRIAL/OFFICE FOR LEASE · BRIGHT, ON. MLS:30707996 · 5,250 SF · $5.25/SF Located minutes from Hwy #401. 400 amp, 16’ ceilings. One 18’ x 14’ drive door. Outdoor storage. Lester Tobin*

LAND FOR SALE

GUELPH CAR WASH, GAS STATION & LUBE SHOP WITH PROPERTY 5,873 SF · $2,700,000 · MLS: 30644230 · Gas ƐƚĂƟŽŶ with propane, automated carwash and lubeshop business with property on 1.05 acres. Environmental reports completed. Call for more details! Lester Tobin*

ST JACOBS BANQUET HALL/RESTAURANT 8,000 SF,4.3 Ac · $2,100,000 · MLS: 30704935·Extensive renovaƟons to 1.44 Ac · MLS:30698798 · $680,000 · 11,000 SF on +1,859 SF Bungalow House · PUSLINCH TWP. One of the last lots availa- building and grounds. Includes furniture/ $850,000 MLS: 30701902 · 117 East Road · ble on Maltby Rd. 250’ x 250’ Ňat. Nice set- cooking equipment. Site includes a freestanding home. Steve Gerakopulos* Lions Head, ON. Many uses permiƩed. ƟŶŐ͘ John Hoīman* Possible medical marijuana grow op. Youtube: Property Address for MarkeƟng OUTDOOR STORAGE/LAND FOR LEASE 1,280 SF · $89,000 · EXCLUSIVE · KITCHENER · Well established business Video. Eric Frey* · BRIGHT, ON. MLS:30708007 · since the 1970’s. High income-high sales. No 1/2 Acre · $2,000/ Month · Located minutes Owner will train. 38,000 SF · 6.82 Acres · $1,299,000 · from Hwy #401. 600 amp, 17’ franchise. Lester Tobin* 2,000 SF OĸĐe | 36,000 SF Industrial ceilings, 3 cranes, 1—dock, 2 drive-in doors. 30738271 · 607 LiƩle Pike Bay Rd. Lions Outdoor storage. Lester Tobin* Head, ON. Previous use was manufacturing. High Power Available. High Ceilings. 1 Ac. · MLS: 30697875 · $1,050,000 · Google Address for MarkeƟng Video. Eric Frey* KITCHENER · Available for commercial For Commercial Real EstatĞ ^ŽůƵƟŽŶƐ in Canada's Technology Triangle, redevelopment in expanding area of contact any one of our Kitchener-Waterloo boundary. Many uses INVESTMENT sales representaƟǀĞƐ, or call permiƩed. Chris Kolednik** FOR SALE 519-743-5211 0.80 Ac. · MLS: 30686210 · $990,000 · CLARINGTON · Corner lot located on HWY INVESTMENT PROPERTY | BROCKVILLE, #2 between ŽƵƌƟĐĞ & Bowmanville. ON.140,000 SF on 27.4 Ac.·$13,900,000 · Peter Benninger** Ext. 3000 Zone change required (C4) Call for list of MLS: 30707132 FantasƟĐ Investment potenƟĂů ƵƐĞs. Lester Tobin* Gary Boudreau * Ext. 3029 Opportunity with exisƟŶŐ income. Was built for Private School. Event center with accommodaƟŽŶs for events/ weddings /retreats/conferences/medical/rehab etc. Onsite church, full gym, soccer Įeld. John Hoīman*

HIGH DENSITY MIXED USE DEVELOPMENT KITCHENER · 3.25 Ac · $4,250,000 · EXCLUSIVE ·Frontage on 2 major Streets at the gateway to downtown KITCHENER Excellent access to Hwy 401 via Hwy 8 Directly on proposed light rail transit route. RETAIL INVESTMENT PLAZA · WATERLOO Peter Benninger**/Colin Vogel* 7,271 SF|0.66 Ac.· $3,600,000 · MLS: 30712328 · Fully leased investment plaza. Located in busy ƚƌĂĸc node. Ample on-site BUSINESS FOR SALE drive-up parking. Lester Tobin* INVESTMENT PLAZA · KITCHENER 10,656 SF & 10,624 SF · $6,900,000 · 2,456 SF · $269,000 · MLS: 30665548 EXCLUSIVE · New retail plaza 2016. Long KITCHENER Successful business. Great term leases. New resŝĚĞŶƟĂů developing Franchise. Business Only. Gary Boudreau* area. Lester Tobin*

www.coldwellbankercommercial.ca Email : Commercial@coldwellbankerpbr.com ** Broker June 22–July 20, 2019

James Boudreau **

Ext. 3020

Eric Frey*

Ext. 3118

Steve Gerakopulos*

Ext. 3033

Bill Halpenny*

Ext. 3120

John Hoīman*

Ext. 3040

Chris Kolednik**

Ext. 3106

Eric Reiner*

Ext. 2099

Lester Tobin*

Ext. 3023

Colin Vogel*

Ext. 3110

Harmony Voisin*

Ext. 3117

* Sales Representative ** Broker Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR

17


SOUTHWEST ONTARIO

trending

Participants wanted for study on women exporters Women-led businesses make up 15 per cent of total exports in Canada. To help these businesses thrive in the export industry, the Business Development Bank (BDC), and Export Development Canada (EDC) have partnered to learn more about the barriers these entrepreneurs face in this sector. The information will be published in collaboration with the Women Entrepreneurship Knowledge Hub, a federal initiative to serve as a one-stop source of knowledge, data and best practices for women entrepreneurs. The research will be conducted by Clare Beckton, executive in residence at Carleton Universityâ&#x20AC;&#x2122;s Centre for Research and Education on Women and Work, and Janice

McDonald, founder of The Beacon Agency. It will include a survey of women entrepreneurs across the country to understand why women export, the associated benefits and barriers, as well as identify helpful resources. â&#x20AC;&#x153;What we know is exporting leads to huge growth opportunities for Canadian women business owners and these women have global ambitions,â&#x20AC;? says Jennifer Cooke, EDC corporate lead for women in trade. â&#x20AC;&#x153;What if we could do more to help them? What would be possible [OLU& ;OL YLZLHYJO Ă&#x201E;UKPUNZ ^PSS LUHISL all of us to better understand the challenges women face so that we

Sutton - Huron Shores Realty Inc. Brokerage

Independently Owned and Operated

Brian Shular

Doug Freiburger

Kaitlyn Shular

can better support them to take the export plunge and take on the world of opportunities.â&#x20AC;? In a 2018 report, the researchers revealed that innovation contributions from women entrepreneurs in Canada are under-recognized as they often fall outside the tech sector. A 2016 report found businesswomen have KPŃ?J\S[` ZLJ\YPUN M\UKPUN MYVT Ă&#x201E;UHUJPHS institutions because theyâ&#x20AC;&#x2122;re mistakenly perceived as risk averse and unable to generate the same economic growth as men. Women entrepreneurs interested in participating in the study can contact veronicableeker@gmail.com. This is the third study in a series designed to increase knowledge about women LU[YLWYLUL\YZ ;OL Ă&#x201E;UHS YLWVY[ ^PSS IL published in February 2020. CI

606 Goderich Street, Port Elgin, ON N0H 2C0

519-797-1007 1-888-727-1007

Crystal Mitchell

Joey Wentworth

Broker of Record Sales Representative Sales Representative Sales Representative Sales Representative

COMMERCIAL INCOME PROPERTY 583 Catherine St., Port Elgin $550,000 t 5ISFF 6OJU 1MB[B JO UIF )FBSU PG 1PSU &MHJO t $VSSFOUMZ 'VMMZ 3FOUFE -BSHF 1BSLJOH -PU t "O &YDFMMFOU *OWFTUNFOU t 4IPSU 8BML UP 4DIPPMT 1BSLT BMM 1PSU &MHJO IBT UP 0GGFS t .-4

EXCELLENT INCOME INVESTMENT

Historic field stone, 5457 sqft commercial building in the charming town of Neustadt. This property offers many possibilities, such as a Bed & Breakfast, full service wedding and event venue, pub, restaurant, spa/wellness center, or retail store. The main floor features large space that could be a charming store front and retail space or a dining hall that can seat 75 guests comfortably with a gorgeous custom live edge bar. The local artwork and restoration of the rich character of the building sets the stage. Thereâ&#x20AC;&#x2122;s a commercial kitchen and a huge prep kitchen space, and an office. Upstairs has 5 large, beautiful bedrooms, each with their own full en-suite bathroom. Thereâ&#x20AC;&#x2122;s a beautiful kitchen and living room that opens to a private rooftop deck. $849,900

569 Green St., Port Elgin $564,900 t 4UBUFMZ 4UPSFZ #SJDL 1SPQFSUZ t "QBSUNFOUT 'VMMZ 3FOUFE t -PDBUFE TUFQT UP UIF %PXOUPXO $PSF t 4IPSU 8BML UP UIF #FBDI )BSCPVS t .-4

www.suttonhuronshores.com Not intended to solicit properties currently listed for sale.

18

COMMERCIAL INVESTOR | Commercial Real Estate & Business Opportunities

June 22â&#x20AC;&#x201C;July 20, 2019


HAMILTON

7 TALBOT STREET EAST, CAYUGA

$699,900

$2,750,000

Ideal Cayuga Investment Opportunity with prime, Commercially zoned corner lot. Offering detchd shopoperatingas “Garvie’s Automotive”specializing in service orientated mechanics grg & used car lot. Buyer to verify in regards to zoning, permit availability & overallduediligence

$1,500,000

15 JAYLIN CRESCENT, PORT DOVER

7 JAYLIN CRESCENT, PORT DOVER

Prime 4.22 ac (total of both properties) boasts est. turn-key Marina in heart of P. Dover-over 1000ft of frontage on Black Crk w/L.Erie access. Ftrs 70 slips w/on-shore decks/water, 300 boat storage, retail store, htd shop, 1872sf”Club House, all equipment..solid income. RARE!

$1,500/MONTH

$299,900

7104 CANBOROUGH RD, CANBOROUGH

33 MAIN ST N, WATERFORD

Turn-key commercial kitchen. Asking $1500 p/month plus apportioned share of utilities. Offers func. kitchen, lrg sit-down bar, 5 booths, extra table for 6 plus private outdoor patio. Incs.exclusive use of all kitchen equipment,cutlery,equipment etc.Tenant responsible for all liquor licence applications.

Incredible Commercial Opportunity! Currently operating as “Gram’s Cafe” w/tremendous reputation of incredible homemade meals & service. Includes majority of equipment & chattels. Ample parking & seating for 80(apprx.). Updts inc. H/VAC, electrical, roof, recent addit., kitch, flrng,baths,office&more.

June 22–July 20, 2019

Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR

19


businesssavvy

Don’t get caught in a real estate investment tax scheme ;OL YLHZVU ILOPUK [OL [H_ ^YP[L Vќ is because of costs expensed in the initial year of the project. The example given in the CRA press release is “when an investor has invested $5,500 and is advised that they can write it Vќ VU [OLPY [H_LZ MVY K\L [V ÄUHUJPHS ZLY]PJLZ SLHZL LUOHUJLTLU[ and tenant improvement costs L_WLUZLK PU [OL ÄYZ[ `LHY ¹ ;OPZ PZ not the case, says CRA. “Limited partnerships are unique arrangements that provide investors with certain ILULÄ[Z ZPTPSHY [V WHY[ULYZOPWZ HUK JVYWVYH[L LU[P[PLZ /V^L]LY KPќLYLU[ than general partnerships, the investor’s liability is restricted to the amount they invested. Therefore, they JHUUV[ JSHPT H OPNOLY [H_ ^YP[L Vќ than invested.”

Serious consequences

The Canada Revenue Agency (CRA) sent out a ZDUQLQJ LQ -XQH WR ÁDJ WD[ VFKHPHV LQYROYLQJ WD[ UHSUHVHQWDWLYHV DQG WD[ SUHSDUHUV ZKR RͿHU LQGLYLGXDOV WD[ ZULWH RͿV WKURXJK OLPLWHG SDUWQHUVKLSV KLQJLQJ RQ UHDO HVWDWH LQYHVWPHQWV What the heck is a tax scheme?

CRA’s outline of how this real estate tax scheme is delivered:

Tax schemes are arrangements that are designed to deceive taxpayers by promising to reduce the taxes they owe, for example, through large deductions or promises of tax-free income. A scheme can also include other creative ways to convince people they could pay less taxes.

Beginning as an advertised real estate investment opportunity through what is being called a “limited partnership”, the scheme is usually heavily promoted HZ H WYVK\J[ ^P[O H ZPNUPÄJHU[ [H_ advantage and limited liability for the investor. The scheme’s promoter WYVTPZLZ H [H_ ^YP[L Vќ MVY TVYL [OHU double what the taxpayer invests.

20

COMMERCIAL INVESTOR | Commercial Real Estate & Business Opportunities

Through increased audits of such promoters, improved information gathering and informing taxpayers on how to recognize tax schemes, the CRA continues to identify and shut them down. Those who choose to participate in these schemes, as well as those who promote them, face consequences such as penalties, court ÄULZ HUK L]LU QHPS [PTL

Protect yourself .L[ WYVMLZZPVUHS PUKLWLUKLU[ HK]PJL before investing, especially if a deal seems too good to be true 0M `V\ OH]L WHY[PJPWH[LK PU H scheme, inform CRA to correct your tax situation through its Voluntary Disclosures Program For more information on tax schemes, visit Canada.ca/taxschemes. CI June 22–July 20, 2019


HAMILTON

242

Main St. E. Hamilton

Roman Spytkowsky, Broker 905-528-8956 ext. 4190 email: romans@efforttrust.ca

5097 & 5099 KING STREET BEAMSVILLE

1057 MAIN STREET WEST

In Beamsville - Partial Estate Sale. – Corner property just under half an acre. 1 large 2 storey home with basement consists of 3 units. Large 2 story barn all in Town. Purchasers to do their own due diligence regarding development of this property. Call for details. Asking $629,000. Call for more details. Call Roman Spytkowsky Broker - 905 528-8956 ext 4190

RH ¾ SSV 3J½ GI 7TEGI ETTVS\ WU JX Asking $20.00 sqft base. Raw unit. Building has an elevator and common washrooms. Majority of building is for medical purposes. Easy access and parking. Call Roman Spytkowsky Broker - 905 528-8956 ext 4190

617 PARKDALE

DO YOU NEED PROPERTY MANGEMENT? Residential, commercial and industrial Call Roman to discuss 420 PARKDALE UNIT 6

Industrial unit of approximately 15,000 sq ft. 2 drive in overhead doors and 1 loading dock. Small gated area. Ceiling height approx. 15 foot. Landlord willing to demise into 3 units of approx. 5,000sqft. Please note we will not consider 1000 – 2500 sqft units. Corner of Parkdale and Brampton Street. Call Roman Spytkowsky Broker - 905 528-8956 ext 4190

859 WOODWARD, HAMILTON

770 MOHAWK ROAD

This is a double unit with 1 overhead door and one washroom. Unit is at the rear of the facility. No street frontage. Locked gated area for Tenants. Current unit is 9728 sq ft but Landlord will demise into 2 separate units depending on terms and Tenant Covenant. Easy access any time. Units are approximately 95 feet deep. Set up for warehouse or manufacturing. Call Roman Spytkowsky Broker - 905 528-8956 ext 4190

'YVVIRXP] WIX YT EW QIHMGEP YWI ERH SJ½ GIW 0SSOMRK JSV PS[ XVEJ½ G YWI 7TEGI MW ETTVS\ WU JX 9RMXW MW KVSYRH ¾ SSV SJ LMKL VMWI MR the commercial component. Base rent $21.00 per sqft.

D

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Great unit approximately 5098 sqft. One drive in overhead door approx 12 wide by 14 ft high. 1 washroom and some walk in coolers available if required. (if required they will be removed). Easy and quick access to Burlington Street/QEW and Red Hill. Vacant easy showings. Call Roman Spytkowsky Broker - 905 528-8956 ext 4190 June 22–July 20, 2019

Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR

21


HAMILTON

SHAWN DOIRON SALES REPRESENTATIVE

MOBILE: OFFICE: E-MAIL: WEB:

905-515-5501 905-529-5900 Ext. 262 doirons@bbsrealty.com www.bbsrealty.com

COMMERCIAL REAL ESTATE SALES AND LEASING SERVICES FOR LEASE

PRIME QEW EXPOSURE, STONEY CREEK

Prime end cap unit with excellent QEW Hwy exposure to approx.. 250,000 cars per day. Unit size is 11,297 sf with high ceilings and large windows expandable to 16,000 sf, ideal for a large restaurant use with grade or possibly roof top patio’s (to be added) with panoramic views of the lake and escarpment in this new growth area. Other uses considered. Abundant parking & easy access. Asking $22/sf net, immediate possession. Landlord may assist. Call for details.

FOR SALE

22

FOR SALE

HAMILTON EAST

HAMILTON EAST

Attractive 2 story freestanding building with multi-tenant potential located on a major arterial street in large residential neighborhood with easy access to major highways. Newly renovated front stucco façade complete with new windows and doors. Gross building size approx. 11,870 sf (1st floor 6,320 sf, 2nd floor 5,550 sf) with approx. 6,320 sf basement. Fully finished basement occupied by long term tenant for additional income. Includes parking on-site for 29 vehicles. Building interior gutted ready for build-out. C5 zoning permits a variety of uses. Excellent opportunity for owner/user/investor. Proforma available. Contact Listing Agent for more details. Asking $1,399,000.00.

Attractive 2 story multi-tenant building located on a major arterial street in large residential neighborhood with easy access to major highways. Newly renovated front stucco façade complete with new windows, door, and signage with excellent street front exposure. Potentially on new LRT route. Gross building size approx. 8,528 sf (1st floor 4,264 sf, 2nd floor 4,264 sf) with approx. 4,264 sf usable high and dry basement partially finished. Includes parking on-site for approximately 19 vehicles. TOC1 zoning permits a variety of uses. Excellent opportunity for owner/user/investor. Contact Listing Agent for current income details. Asking $1,199,000.00.

FOR LEASE

FOR LEASE

663 1/2 FENNEL AVE. E., EAST MOUNTAIN

4155 FAIRVIEW ST., BURLINGTON

Attractive retail/office building located just west of Upper Sherman and Fennell Avenue East intersection. Newly constructed shell measuring 1,398 sf gross rentable area ready for tenant build-out offers excellent street front exposure to vehicle and foot traffic. Sign box above store front and portion of large blade sign for tenant use. Parking located at rear of building. Many uses permitted. Asking $11.95/sf net, $5.00/sf TMI. Possession 30 days. Call Listing Agent for more details.

Busy neighborhood retail plaza on high traffic street with ample onsite parking. Perfect for restaurant, martial arts, fitness club, medical and professional office use with a variety of other uses permitted. Gross rentable area measures 6,093 sf. Landlord will consider assisting with leasehold improvement. Asking $11.95/sf net and $9.33/sf TMI. Available immediately. Call Listing Agent for details.

COMMERCIAL INVESTOR | Commercial Real Estate & Business Opportunities

June 22–July 20, 2019


HAMILTON

FOR

FURTHER INFORMATION:

JOHN HRYCZYNSKI BROKER

(905)

529-5900 X 240

JOHN@BBSREALTY.COM WWW.BBSREALTY.COM COMMERCIAL REAL ESTATE

EMAIL:

REAL ESTATE BROKERAGE

COMMERCIAL REAL ESTATE SALES AND LEASING SERVICES MEDICAL BUSINESSES & PROPERTIES FOR SALE PLAZA FOR SALE OFFICE & RETAIL FOR LEASE EAST HAMILTON 5 – 35 KING ST E - DOWNTOWN HAMILTON GREATER HAMILTON AREA Prime retail and office spaces in the heart of the downtown core. Store fronts along King St from 486 to 2,338 sf & office spaces from 1,100, 3,395 & gorgeous brick and beam office space with loads of character, large windows, natural light & hardwood floors from 14,205/floor plate, multiple floors A busy retail plaza with excellent exposure to high traffic along this major located in the spectacular historic Right A medical use building located across from a Hospital. Includes a well east-west arterial throughway abutting low & high density residential House building with close proximity to established Pharmacy and Orthopedic businesses with related services and areas. A solid 7,341 sf plaza with a 4,614 sf fully finished lower level and all downtown services and amenities. buildings. Loads of potential to add additional medical uses and rental units. good condition. Plaza fully leased with many good long term Tenants, an The building is located in close proximity Ideal for a medical group investment. Seller prefers a share sale, qualified ideal carefree investment generating approx. $147,608 net rent /yr., price to the future LRT stop. Space divisible. buyers only. New price $4,499,0000, possible VTB, call for details. reduced to $2,674,900 to sell. Call for details. Call for details. RETAIL FOR LEASE PRIME QEW EXPOSURE, STONEY CREEK

RETAIL & OFFICE FOR LEASE GOVERNOR’S RD, DUNDAS

RETAIL FOR LEASE 1400 UPPER JAMES ST., HAMILTON

Prime end cap unit with excellent QEW Hwy exposure to approx. 250,000 cars per day. Unit size is 11,297 sf with high ceilings and large windows expandable to 16,000 sf, ideal for a large restaurant use with grade or possibly roof top patio’s (to be added) with panoramic views of the lake and escarpment in this new growth area. Other uses considered. Abundant parking & easy access. Asking $22/sf net, immediate possession. Landlord may assist. Call for details.

Prime plaza location & exposure on Governor’s Road in Dundas across from 3 schools surrounded by a large affluent residential area. Retail and office units including turnkeyed medical offices, ideal for medical or office or other related uses, unit divisible. Sizes from 1,100 to 3,500 sf (divisible). Landlord may assist. Immediate possession, good parking. New zoning permits a wide range of commercial uses. Call John for rates and details.

Prime Upper James Street location with excellent exposure on this power retail corridor. High traffic location with easy access to major arterial roads and highways. Busy retail plaza with large retail and service anchors. Available units: 14-2,339 sf, 9-10,800 sf w large store front (divisible) & 23-22,796 sf w huge storefront & exposure, ideal for most retail uses. Landlord may divide. Abundant parking. Net rents from $11.95 - $16.95/ sf. Call for details.

H A M I L T O N

Mazhar Roshan Sales Representative

905.929.9800 647.609.9463 905.574.6400

HomeLife Professionals Realty Inc.

Direct GTA Direct

BROKERAGE

Office

0 OH]L X\HSPÄ LK I\`LYZ MVY \W [V 4 PU JVTTLYJPHS HUK PU]LZ[TLU[ I\`LYZ *HSS MVY KL[HPSZ

mazharroshan@sympatico.ca

PIZZA STORE

Well established high volume Canada post Franchise business available for sale For more inquiries please call Mazhar Roshan at

905 929 9800

UPPER WENTWORTH - HAMILTON Great investment opportunity. High traffic central mountain location approx. 2,800 Sq. Ft. two units one dentist, the other catering business. Many updates including exterior stucco, newer A/C, furnace. For viewing and details call LBO. Do not go direct. 48 hrs notice for showings. Showing between 9-5, Monday-Friday only. No weekend showings. $699,900

HAMILTON RE DU CE D

BURLINGTON FOR LEASE

2000 Sq. Ft. on lower level for storage.

125 TOLTON AVENUE 2,392 Sq. Ft. Long established convenience store, owner retiring, located in mature neighbourhood, well built building, store with 3 bedroom residence. For more details call LBO.

Long established Pizza and Wings business. Doing over $50,000 sales per month. Low rent and long lease, real money-making business. Close to all amenities, schools and on bus route. Good for big family or business oriented individual.

HAMILTON

Long established pizza store. Doing over 30k sales per month. Low rent, long lease.

“My Business is to Sell Your Business” June 22–July 20, 2019

Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR

23


investment

Morguard:

Commercial real estate still strong market for investors Positive momentum and strong interest in the multiVXLWH UHVLGHQWLDO LQGXVWULDO DQG RÎ&#x20AC;FH DVVHW FODVVHV FRQWLQXHG LQWR WKH Ă&#x20AC;UVW TXDUWHU RI DFFRUGLQJ WR D UHVHDUFK UHSRUW LVVXHG E\ 0RUJXDUG &RUSRUDWLRQ

â&#x20AC;&#x153;The performance of multi-suite YLZPKLU[PHS PUK\Z[YPHS HUK VŃ?JL ZLJ[VYZ have kept them as favourites of investors,â&#x20AC;? says Keith Reading, director of research at Morguard. â&#x20AC;&#x153;Uncertainty and volatility in global economic dynamics seem to have had little impact on the Canadian commercial real estate business. A sustained momentum from the end of 2018 has kept the investment community JVUĂ&#x201E;KLU[ [OH[ [OLZL THYRL[Z continue to represent a relatively safe investment option.â&#x20AC;? The movement of retirees from single-family homes to the rental market, combined with international migration patterns, has resulted in ZPNUPĂ&#x201E;JHU[ KLTHUK WYLZZ\YL MVY T\S[P suite residential rentals. Coupled with 24

availability rates across the market projecting to hold at or near record lows, rental rates are expected to be driven beyond the all-time highs. A similar lack of availability will JVU[PU\L [V HŃ&#x153;LJ[ [OL VŃ?JL SLHZPUN market as national vacancy came to rest at 11.5 per cent at the end of March of 2019, down 40 bps quarterover-quarter and 100 bps year-overyear. The downward vacancy trend was most evidenced in the downtown areas of Montreal and Vancouver, while in Toronto, vacancy rested at an all-time low of 2.6 per cent. As rents continue to stand at the cycle-highs, PU]LZ[TLU[ JVUĂ&#x201E;KLUJL PU [OL THYRL[ continued with 16 million sq. ft. of new supply in development, representing a high dating back almost three years.

COMMERCIAL INVESTOR | Commercial Real Estate & Business Opportunities

â&#x20AC;&#x153;While the uptick in construction is welcome news for tenants searching MVY TVKLYU VŃ?JL ZWHJL [OL YLHSP[` is it will be some time before there is ZPNUPĂ&#x201E;JHU[ YLSPLM š ZH`Z 9LHKPUN â&#x20AC;&#x153;Competition for space will remain Ă&#x201E;LYJL 7YPTL KL]LSVWTLU[ WYVWLY[PLZ are likely to be fully leased â&#x20AC;&#x201C; or very close to it â&#x20AC;&#x201C; as they near completion.â&#x20AC;? Canadaâ&#x20AC;&#x2122;s economic activity ZSV^LK PU [OL Ă&#x201E;YZ[ X\HY[LY RLLWPUN with the trend of the second half of 2018. Consumer spending has tracked a similar path, presenting a ZPNUPĂ&#x201E;JHU[ YPZR [V [OL NYV^[O V\[SVVR and accounted for close to 60 per JLU[ VM *HUHKHÂťZ .+7 >HNL growth is expected to boost consumer JVUĂ&#x201E;KLUJL HUK OLSW Z\WWVY[ H TVKLZ[ economic growth trend in the second half of 2019.CI The First Quarter Update of the 2019 Economic Outlook and Market Fundamentals Research Report, released in May by Morguard, provides a detailed analysis of the 2019 real estate investment trends to watch in Canada. See the full report at morguard.com/research. June 22â&#x20AC;&#x201C;July 20, 2019


GREATER TORONTO AREA

Over 27 Years of

Cutting Edge Results

6KDXO

Shaul Sharabi BROKER, B.A.

416.902.3770

5 5DFKHO 6KDUDEL

Rachel Sharabi SALES REP, B.Sc.

416.903.5598

“HALL OF FAME”

“LIFETIME ACHIEVEMENT”

VIP Passes To New Condos Before Sale To Public Starting Out – Moving Up – Downsizing – Investing – Commercial

$1,129,000

$7,800,000

$1,300,000

BATHURST & SHEPPARD – STORE WITH APARTMENT AND OFFICE

LAWRENCE & MIDLAND, TORONTO FREE STANDING COMMERCIAL PLAZA

A CAR SHOP THAT SPECIALIZES IN VOLKSWAGEN & AUDI

Great Investment Property With Desirable “Roof Top Sign Income” Fully Rented “ A1” Tenants. Sheppard Hub. 2nd Floor Converted 3 Bedroom Apt w/ 1-4Pc Bath & Separate Walkout To Backyard. Main Floor-Long Time Tenant, With Walkout To Back Yard, 1-2Pc Bath & Stairs To Bsmt: 1-2Pc Bath, Separate Meters,Tenants Pay All Utilities,

Rare Opportunity To Own A Free Standing Commercial Plaza. 4 Story Building. Prime Location Highly Visible Corner Plaza And Apartment:10 Retail Stores, 11 Office Space,14 Apartments Units,30 Outdoor Parking And 49 Underground Parking.

This Business Is Fully Equipped w/ Everything You’ll Need From Building/Dismantling Cars, Give Safety Inspections & Yellow Stickers For Trucks. Well Established Clientele Since 2002. Affordable Rent. Inventory Includes: Cars For Sale,Tow Truck, Fork Lift,4 Hoists,1 Frame Machine,Tire Installation Machine/Balancer,Large Amount Of Inventory Of Used & New Parts,Sep Rims & Tire Section,3 Offices Fully Furnished,Security/Camera System,etc.

$450,000

$1,450/MONTH FOR LEASE

$79,000

WELL ESTABLISHED TANE ART GALLERY & ONLINE AUCTION

RENOVATED 450 SF UNIT FRONT

WOODBRIDGE TRATTORIA ESTABLISHED RESTAURANT FOR SALE

Excellent Opportunity To Become A 50% Partner of A Well Established Tane Art Gallery & Online Auction w/ Lots of Client Connections. Seller Needs Partner To Extend Business. ½ of Inventory Incl. is Worth Approx $2,500,000 !

Very Clean Space Offered for Sub-Lease. Completely Finished w/ Laminate Flooring & A Washroom. Head Tenant Uses Back Warehouse For Storage Only. Great Use For A Professional Office, Showroom, etc.

Great Opportunity To Own A Well Established Italian Restaurant At Weston Road & Highway 7. Fully Equipped Kitchen w/ High Quality Equipment. 8 Ft Hood Fan, 24 Seats. Monthly Lease Is $2,060 Incl. Tmi & Hst (Gas & Hydro Extra, Average $300 Monthly Each. Inc: All Kitchen Equipment & Working Tables, All Tables & Chairs, Cash Register, Etc. - List To Be Provided)

www.luxuryrealtybroker.com )UHH PDUNHW HYDOXDWLRQ 9LUWXDO WRXU SLFWXUHV &RORXU EURFKXUH :LGH H[SRVXUH DGYHUWLVLQJ

REALTRON REALTY INC, BROKERAGE INDEPENDENTLY OWNED & OPERATED June 22–July 20, 2019

*limited to $10,000

Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR

25


GREATER TORONTO AREA

legallyspeaking

RENTING OUT

YOUR CONDOMINIUM

BY JACQUELINE MONETA JD WITH ASSISTANCE FROM JAYSON SCHWARZ LLM

Buying a condominium as a rental property can be a great investment, but now that you’re a landlord, it’s important to understand the rules and regulations that govern you and your tenant. What rules apply? All landlords and tenants are governed by the Residential Tenancy Act, 2006 (RTA). The RTA outlines the rights and responsibilities of landlords and of tenants who

rent residential properties. It also covers the leasing agreement and issues such as maintenance and repairs, tenancy agreements, rent, entering a rental unit and ending a tenancy.

COMMERCIAL BUILDING about 1100 sq. ft.

In a condo building, the Condominium Act, 1998 also applies. The Condominium Act sets out the relationship between the owners, condo corporation and board of directors. continued on page 36

VIEW OUR MAGAZINES ON ANY

DIGITAL DEVICE anytime, anywhere! Published by:

Center of Town Sunderland Hwy 12 - Premier Large Lot. Tenant will sign a 5-Year Lease back at $1,800/month. Land allows for expansion of building.

Asking $475,000

ADAM COX Sales Representative d: 416-889-6449 e: Avsold@aim.com 26

Commercial - Investment Re/Max All-Stars Realty Inc., Brokerage o: 905-477-0011

COMMERCIAL INVESTOR | Commercial Real Estate & Business Opportunities

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

THECOMMERCIALINVESTOR.CA June 22–July 20, 2019


GREATER TORONTO AREA

Cinzia Canini SALES REPRESENTATIVE

M: 416-879-7606 O: 905-857-0651 CCANINI@ROYALLEPAGE.CA

WWW.CINZIACANINI.COM

RCR Realty, Brokerage Independently Owned & Operated 12612 Highway 50, Unit 1, Bolton, Ontario, L7E 176

COMING SOON FOR SALE

DOWNTOWN KING CITY

COMMERCIAL KING CITY CORE AREA, OVER 20 PERMITTED MULTIPLE USES [RETAIL STORE, OFFICE, RESTAURANT, MEDICAL, SPA, RETIREMENT HOME, APARTMENTS, CHILD CARE, PLACE OF ASSEMBLY, SERVICE SHOP, CONVENIENCE, HOTEL, ETC. TOO MANY TO LIST] HIGH TRAFFIC AREA 10 MINUTES WALK TO THE GO TRAIN STATION - MINUTES TO HWY 400 - EASY ACCESS TO HWY 27, 404 AND 401 - USE AS IS, RENOVATE OR REBUILD. LIVE, WORK AND KEEP IN TOUCH WITH TORONTO FROM THIS PRESTIGIOUS PROPERTY IN GROWING KING CITY. RARE OPPORTUNITY.

TO ENQUIRE CALL 905-857-0651 OR DIRECT 416-879-7606 June 22â&#x20AC;&#x201C;July 20, 2019

Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR

27


GREATER TORONTO AREA

Annie Byles

FULL TIME REAL ESTATE PROFESSIONAL PROVIDING QUALITY SERVICE SINCE 1985

sales representative

* New Hot listings sent to you daily* Strong connections with Major Lenders* * Free Market Evaluation*

*

416.726.4160

Direct Email annie4167264160@gmail.com

100% CLUB

www.anniebyles.com Commercial Property For Sale Scarborough, Transit At Your Door, Approx 1/2-Acre Land + 8000 sf Building w/ Equipment. Used As A Car Wash/Detailing Centre 83.87’ X 242.5’ Lot Prime Main Street Location. Great Turnkey Opportunity To Build Your Own Business.

Renaissance by Tridel Impeccable Large 2 Bedroom Corner Suite, 1252 Sq. Ft., East-West Exposure, Large Terrace. 24 Hr Concierge, Great Building Amenities. Close to GO Station, Hospital, Walk to Shops, Schools, Transit At Door.

$2,650,000

$648,800

Location! Premium Ravine Lot 120’ x 200 Prof Finished Top To Bottom. Live Up and Rent Down. Ideal Self Contained 2 Bedroom Suite, Must See!!

Yonge/Bloomington 97.8’ x 144.8’ Lot Great Curb Appeal. Elegant 4+1 Bdrms & 5 Washrms Home In An Exclusive Family Neighborhood. Dream Kitchen. Circular Dark Oak Stairs & Iron Pickets.

$578,000

$1,398,000

Your Dream Home Awaits At Bayview/Cummer Meticulously Maintained 3+1 Bedrooms, 2 Washrooms. Top School, Walk To Bus, Shopping, Park. Close To Hwy 401, 404.

Lovely Tridel Condo Immaculate Condition Large 2 Bedroom Plus Den, Over 1400 Sq. Ft., 2 Baths, Balcony Breathtaking SW Exposure, 2 Car Parking. Walk To Shopping Mall, Schools, Hospital, 24 Hour Transit.

$1,125,000

$399,900

Detached On 50’ x 128’ Lot Lovely Open Concept 3 Bdrm Bungalow. Close To Lake Simcoe, Hwy 404, Shopping & Public Transit. Perfect For Young Family/ First Time Buyer. Priced To Sell, Must See!

For Lease Prime Scarborough, Transit At Door, Industrial & Light Manufacturing, Warehouse Space Facing Main Street, Good For Showroom. 7500 sf.

$429,900

$9.50 / SF NET

Tired of paying rent? Let me show you how to realize your dream! Call today for a no obligation appointment. Experience the difference. 28

COMMERCIAL INVESTOR | Commercial Real Estate & Business Opportunities

June 22–July 20, 2019


GREATER TORONTO AREA

TIMOTHY DOBSON Sales Representative direct:

416-670-4251

email:

tdobson@rogers.com

office: 416-286-3993

$949,900

DOWNTOWN WHITBY

CLASSIC BRICK PROPERTY IN GREAT CONDITION ON PERFECT CORNER LOT Commercial Gem Permitting A Variety Of Uses - Service, Retail Shop, Professional Office, etc. High Traffic Location, 15,000 - 20,000 Cars Per Day! 2 Separate Commercial Units Plus Basement Apartment, 4 Access Doors. Pro Forma Financials Available – Potential CAP over 5%, Plus Expected Potential For Future Redevelopment/Intensification. High Visibility Corner Location! Call Tim 416-670-4251 for more details and viewing. June 22–July 20, 2019

Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR

29


businesssavvy

Five tips for a

successful commercial real estate purchase Buying real estate is a costly undertaking, and business owners need to exercise due diligence every step of the way. Without proper planning, entrepreneurs can face a host of problems, including LQDGHTXDWH Ă&#x20AC; QDQFLQJ XQH[SHFWHG FRQVWUXFWLRQ FRVWV LQHÎ&#x20AC; FLHQW OD\RXW DQG HQYLURQPHQWDO ODZVXLWV

Although real estate costs have shot up in recent decades, entrepreneurs HYL Z[PSS \Z\HSS` IL[[LY VŃ&#x153; I\`PUN properties than renting them. Not only will they not be faced with rent

30

increases, but their property may appreciate in value as well. Plus, a buyer can deduct the value of a loan, mortgage interest or depreciation in the value of a building from company

COMMERCIAL INVESTOR | Commercial Real Estate & Business Opportunities

taxes â&#x20AC;&#x201C; something that canâ&#x20AC;&#x2122;t be done when renting. So, what makes a successful commercial real estate acquisition? /LYL HYL Ă&#x201E; ]L [PWZ [OH[ JHU OLSW

1. Understand the local real estate market Before making a decision on what to buy, pay heed to where youâ&#x20AC;&#x2122;re buying. Each local market has its own tax rates, land inventory and environmental issues. The supply of skilled labour in the area also needs to be considered. continued on page 35

June 22â&#x20AC;&#x201C;July 20, 2019


GREATER TORONTO AREA

Tony Giannini direct 416-271-3943 office 905-268-1000

CAR WASH (PRINCIPLES ONLY)

ASKING $3.65 MILLION Established Six Bay Coin car wash and brand new state of the art double tunnel (Brush and Brushless). Just opened all in one property in the city of London Ontario. All situated on a 184’ x 308’ lot. Call Tony for Exclusive viewing.

ANN SAUNDERS

SALES REPRESENTATIVE DIRECT 905.960.6501 EMAIL ANNSUANDERS@ROYALLEPAGE.CA

ROYAL LEPAGE YOUR COMMUNITY REALTY 165 HIGH STREET, SUTTON ON L0E 1R0 BUS: 905-722-3211 FAX: 905-722-9846

HELPING YOU IS WHAT WE DO!

THINKING OF BUYING OR SELLING YOUR HOME? FOR INSIDER TIPS VISIT ANNSAUNDERSHOMES.COM

GOOD TIMES AT THE LAKE

INVESTMENT OPPORTUNITY AT $380,000

Lake Simcoe Across the Street with Private Fenced Park and Beach Front Access. Stunning, Custom Built 3+ 2 Raised Bungalow with Metal Roof At The End Of A Secluded Cul-De-Sac On Premium Lot. Amazing Views and Almost Waterfront Without The Noise And Taxes. Don’t Miss Out on This Opportunity for $849,900.

If You Are Looking For A Great Investment For Seasonal Rental Opportunities, This 2 Bdrm Bungalow Is Perfect As It Is Situated In The Sought After Area Of Jackson’s Point And Steps Away From Lake Simcoe. Ideal For Families Wanting To Vacation near The Lake And Perfect For Ice Fishing And Snowmobiling In The Winter. A Large Eat In Kitchen, 2 Bedrooms And A W/O To The Back Deck Is All You Need. *EXTRAS *

Call Ann at 905.960.5601 for details

Call Ann at 905.960.5601 for details

June 22–July 20, 2019

Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR

31


GREATER TORONTO AREA

SkyViews Your Price for â&#x20AC;&#x2DC;Upsideâ&#x20AC;&#x2122; 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 arenâ&#x20AC;&#x2122;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 clientsâ&#x20AC;&#x2122; demands for more investment properties. What we have been noticing with these open bid properties is that â&#x20AC;&#x2DC;upsideâ&#x20AC;&#x2122; 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, inVWDOOLQJ /RZ Ă&#x20AC;RZ WRLOHWV LQ HYHU\ XQLW DQG LQYHVWLQJ LQ KLJKHU HIÂżFLHQF\ KHDWLQJ HTXLSPHQW 8SVLGH FDQ 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

32

COMMERCIAL INVESTOR | Commercial Real Estate & Business Opportunities

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 sigQLÂżFDQW IDFWRU $V DQ H[DPSOH EX\HUV DUH EHFRPing 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 propertyâ&#x20AC;&#x2122;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.

June 22â&#x20AC;&#x201C;July 20, 2019


GREATER TORONTO AREA

Cindy Wen S A L E S R E P R E S E N TA T I V E

TOP PRODUCER

647.204.5336 ccwen008@yahoo.com www.TorontoHomeBuySell.com

Cindy Wen offers seller’s client: GUARANTEED HOUSE SOLD program, free property evaluation, free home staging consultation. Offers Buyer’s Client: Guaranteed stress-free experience, free home buyer consultation, best suitable mortgage solutions.

免費房屋估價及諮詢!

CLIENT TESTIMONIAL

SOLD 120%

“I was very pleased with the job done by Cindy Wen. Her hard work and professionalism created maximum exposure, getting me well over the asking price on the sale of my house. Trusting in Cindy also got me a new home at a great price & in my desired neighbourhood. Cindy Wen is truly a top-notch Realtor. “ — Karl G

Remax Crossroads Realty Inc., Brokerage Office 416.491.4002

OF ASKING PRICE

IN 5 DAYS

COMMERCIAL RETAIL AND OFFICE SPACE

COMMERCIAL RETAIL IN KENSINGTON MARKET

SPACIOUS 2 BEDROOM CONDO

NEW CONDO PROJECT AT YONGE

Commercial Retail /Office Space for Lease at Busy Beaches Plaza. Call Realtor Cindy 647-204-5336

Commercial Store front with apartment for Sale in Busy Downtown Core Kensington market. Call Realtor Cindy 647-204-5336

Beautiful and Very Spacious 2 Bedroom Condo unit for Sale in Scarborough very convenient location. Call Realtor Cindy 647-204-5336

Sheppard Subway Line, Limited time Offer VIP pricing and floor plan. Call Realtor Cindy 647-204-5336

A Realtor Who Makes A Difference! 416.419.8232 BRANKO KRSTEV Direct: Remax Realtron Realty Inc. BROKERAGE Independently & Operated

SALES REPRESENTATIVE

29 YEARS Experience as a Full Time Real Estate Agent In Canada

Low Down Payment, Poor Credit, New Immigrant, Discharge, Bankruptcy, Self-Employed, Call Branko For A No Cost Or Obligation Appointment -

The First Time Home Buyers Specialist! 00

9,9

$39

Open Concept

Detached with lots of parking space. Call Branko 416-419-8232 June 22–July 20, 2019

Busy Family Owned Business Goldmine Investment Busy family owned business that’s been operating for 10 years. Call Branko 416-419-8232

21 Acres Prime Land. Excellent Opportunity. Don’t Miss This One. Call Branko 416-419-8232

Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR

33


EASTERN ONTARIO

MATTHEW GARNET

B.A., C.S.C.

S A L ES R E P R ES E N TAT I V E

Tel 905.773.8000

For Powerful Performance, “Deal with The Dragon!” DIRECT

416.509.3036

CAMPBELLFORD

14.29 ACRES OPPORTUNITY KNOCKS! Introducing “The Ridge” 14.29 acres ideally situated abutting the urban boundary and over looking the Trent/Severn Canal! As ”infill” as they come, this parcel is nestled amongst residential homes with excellent road frontage on 6th Line West and Victoria Street. Municipal services only steps away, this property is a blank canvas for your “inner” developer. Minutes away from downtown Campbellford. Right off County Road 30/Grand Road. Irreplaceable opportunity to sever the property into 4 estate lots fronting a municipal road with municipal services just meters away. Perfect for that “Family Compound” on the Trent Canal.

SUBJECT PROPERTY

For more info call

Matt "The Dragon" Garnet 416.509.3036

SUBJECT PROPERTY

mattsdragonz@gmail.com 34


CENTRAL ONTARIO continued from page 30

2. Consult an accountant (ќVYKHIPSP[` PZ H IPN PZZ\L PU commercial real estate today, so before you go to a bank, work with an accountant to determine your budget. Make sure your budget includes all hidden costs. Tax implications can also be complex in real estate transactions. It’s important to consult an accountant who knows the ins and outs of commercial real estate deals. Your accountant will be able to tell you, for instance, whether the purchase should be considered a corporate or personal transaction. Other issues include succession WSHUUPUN [YHUZP[PVU ÄUHUJPUN HUK decisions about how assets will be broken up when the business is sold.

LZ[H[L ÄUHUJPUN PZU»[ LHZ` )HURLYZ ^PSS ^HU[ [V ZLL OPNO X\HSP[` ÄUHUJPHS statements and evidence that the WYVÄ[Z `V\ NLULYH[L HYL ILPUN YL[HPULK by your company. All of this will play a big role in determining whether you get the commercial real estate loan you want. :OVW HYV\UK MVY [OL ILZ[ ÄUHUJPUN package. While the interest rate is important, it’s far from the whole story. Other factors such as what percentage VM [OL W\YJOHZL H ÄUHUJPHS PUZ[P[\[PVU PZ ^PSSPUN [V ÄUHUJL HYL LX\HSS` PM UV[ more, important. Resist the temptation to sway lenders with overly optimistic forecasts – payment problems down the line can boost costs and reduce your manoeuvring room.

.L[ `V\Y ÄUHUJPUN PU VYKLY

4. Plan your layout well

Getting approved for commercial real

Whether it’s an existing building or one

you’re renovating, layout has a major PTWHJ[ VU VWLYH[PVUHS LѝJPLUJ` 0[»Z often a good idea to hire an operational LѝJPLUJ` L_WLY[ [V HK]PZL `V\ VU OV^ to optimize your layout.

*OVVZL [OL YPNO[ I\PSKLYZ You should be looking for quality builders who have a good reputation and are responsive to your needs. Key traits of good builders include experience, timeliness and knowledge of your industry. For example, if your building must meet food-industry standards, your builder should have expertise in that ZLJ[VY ( I\PSKLY»Z ÄUHUJPHS OPZ[VY` should also be considered. You don’t want a situation, for example, where a contractor is taking your deposit to fund a previous job where they ran out of money. If you have any doubts, do a credit check. Source: BDC.ca CI

Bill Byers Sales Representative bill-byers@coldwellbanker.ca www.temiskamingrealty.com 1-866-557-1110 705-647-1110 00

00

00 9,9 26 $ g kin As

As

INDUSTRIAL 12.98 Acres beside rail line with Town services. 3 large buildings 8,100 sq’ (2013), 4422 & 378 (Carport) sq’ (1980) 1408 & 792 (Carport) sq’ (1986). Englehart. MLS TM182801

INDUSTRIAL COMPLEX Over 16,000 sq’ building on over 6 acres with 3 Hwy entrances. Owner occupied, plus 4 Tenants. Multiple uses include shop, retail, office, & more with room to expand. New Liskeard. MLS TM190047.

0 ,90 99 $2 g kin As

00 9,0 $49 g in Ask

As

6 UNITS 4 Residential + 2 Commercial fully rented. Many recent updates including shingles & Retrofit. Great downtown New Liskeard Location. MLS TM181659

HWY#11 COMMERCIAL 93 Acres w/ Commercial Hwy entrance. 2 Homes, 70’ X 40’ & 40’ X 40’ Shops, Garage & more. Over 10 Acres of good solid gravel parking. W/ Agricultural/Commercial zoning there is a ton of potential. Near New Liskeard. MLS TM172580.

LARGE BUILDING Former Chicken Farm. 5,300 sq’ Barn w/ Office, 28’ X 60’ Shop, & 2 Smaller Barns. Tidy 4 Bdrm, 2 Bath House. Large Garden, nicely landscaped. 1.4 Acres. Just off Hwy 65 East between New Liskeard & Quebec. MLS TM172705

June 22–July 20, 2019

8,0

79

$ ing

9,9

13

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$ ing

k

As

COMMERCIAL Large 2 Storey building 4,285 sq’ on Main St. in Elk Lake (Hwy 65 & 560). Across from the Montreal River. Vacant with lots of potential for many uses here. Large Shop, 2 overhead doors, office, retail, storage, washrooms, new environmental report & more. MLS TM190097.

0

,90

99

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kin

Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR

35


continued from page 26

This means that you have to give your tenants a copy of the condo rules and make sure they adhere to them. The condominium corporation may have its own rules on rentals as well, which could include a minimum number of months for the rental and other obligations. It is important to read your condo rules prior to entering any lease agreement.

Do tenants have access to amenities? Tenants must follow the same rules as owners, and have the same rights as owners when using building amenities. However, parking spaces and/or lockers can be included in the lease agreement at the discretion of the unit owner. Owners can choose to retain those for themselves or rent them to another tenant.

If you’re renting out a unit for a longer term, any tenants have to abide by the terms of the rules and declaration, too. How much can you charge? When you’re renting a unit to a new tenant, you can set the rent based on current market prices. There is no maximum. The market price for a unit may be higher than that paid by a previous tenant. The RTA covers most types of rental units. Generally, landlords can increase rent: VUS` VUJL L]LY` TVU[OZ" ^P[O KH`Z ^YP[[LU UV[PJL" HUK

36

IHZLK VU [OL N\PKLSPULZ ZL[ MVY that year by the Ontario Ministry VM 4\UPJPWHS (ќHPYZ HUK /V\ZPUN

Subletting and short-term rentals What if your company sends you for three months of training in another city? It is becoming more and more popular to list your condo on a shortterm rental site to make some money while you are away. )L JHYLM\S" SV[Z VM UL^ JVUKVZ have specific rules governing shortterm rentals, such as a minimum number of months on a lease. When buying an income property, it is important to read the rules prior to firming up your deal, and express this intention clearly to your realtor and lawyer. These rules prevent owners from converting their units into a vacation rental. Condo declarations can also spell out requirements, such as each unit

COMMERCIAL INVESTOR | Commercial Real Estate & Business Opportunities

shall be occupied and used only as a private single-family residence. If you’re renting out a unit for a longer term, any tenants have to abide by the terms of the rules and declaration, too. Therefore, a tenant cannot lease the unit out for shortterm stays. If you decide to sublet your unit, notify your insurance company to see if and how your policy covers damage caused by tenants. When renting out your condo unit, you are responsible for following the rules of the corporation. Always check the rules to make sure you’re not in violation. Make it clear in your rental agreement that your tenant is bound by the condo rules, and give them a copy. A condo can make a great investment, but you’ll save time and money if you put in some work at the beginning to understand your rights and responsibilities as a landlord. CI

June 22–July 20, 2019


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ĆėĉĊē ĎęĞ ĊĆđęĞ ēĈǤǡ ėĔĐĊėĆČĊ

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Catherine Poirier Perry Poirier

^ĂůĞƐ ZĞƉƌĞƐĞŶƚĂƟǀĞ

Broker

^ĂůĞƐ ZĞƉƌĞƐĞŶƚĂƚŝǀĞ

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Urban warehouse zoned light ŝŶĚƵƐƚƌŝĂů ǁŝƚŚ ƉŽƚĞŶƟĂů ĨŽƌ ƌĞƐŝĚĞŶƟĂů ƌĞĚĞǀĞůŽƉŵĞŶƚ ŝŶ ,ĂŵŝůƚŽŶ͘ >Žƚ ϭϵϮ dž Ϯϵϱ͘ 'ƌĞĂƚ ůŽĐĂƟŽŶ͘ ůŽƐĞ ƚŽ EŝŬŽůĂ dĞƐůĂ ŽƵůĞǀĂƌĚ ;ŽůĚ ƵƌůŝŶŐƚŽŶ ^ƚƌĞĞƚͿ ĂŶĚ DĂŝŶ ^ƚƌĞĞƚ ĂƐƚ͘ Ăůů ƚŽ ǀŝĞǁ Žƌ ĨŽƌ ŵŽƌĞ ĚĞƚĂŝůƐ ƚŽĚĂLJ͘ $2,750,000

ŵĂnjŝŶŐ ŽƉƉŽƌƚƵŶŝƚLJ ƚŽ ƉƵƌĐŚĂƐĞ ŝŶ ƚŚŝƐ ƌĂƉŝĚůLJ ŐƌŽǁŝŶŐ ĂƌĞĂ ŽĨ ,ĂŵŝůƚŽŶ͘ ϭͬϮ ĐƌĞ ƐŝƚĞ ůŽĐĂƚĞĚ ĂĐƌŽƐƐ ƚŚĞ ƐƚƌĞĞƚ ĨƌŽŵ ͞dŚĞ ĞŶƚĞƌ ŽĨ ĂƌƚŽŶ͘͟ džĐĞůůĞŶƚ ĞdžƉŽƐƵƌĞ ƚŽ ƉƵďůŝĐ ǁŝƚŚ ϯ ƌŽĂĚ ĨƌŽŶƚĂŐĞ ĂŶĚ ĞĂƐLJ ĂĐĐĞƐƐ ĨƌŽŵ ŵĂũŽƌ ,ŝŐŚǁĂLJƐ͘ ŝƚLJ ŐƌĂŶƚƐ ĂǀĂŝůĂďůĞ ĨŽƌ ĚĞǀĞůŽƉŵĞŶƚ͘ WƵďůŝĐ ƚƌĂŶƐŝƚ ǁŝƚŚ ƚŚĞ >dZ ƉůĂŶŶĞĚ ƚŽ ƐƚŽƉ ŶŽƚ ĨĂƌ ƵƉ ƚŚĞ ƐƚƌĞĞƚ͘ 'ƌĞĂƚ ŽƉƉŽƌƚƵŶŝƚLJ ƚŽ ůĞĂƐĞ ůĂƌŐĞ ƚŽ ƐŵĂůů ƐƋƵĂƌĞ ĨŽŽƚĂŐĞ ŝŶ ĞĂƐƚ ĞŶĚ ŽĨ ,ĂŵŝůƚŽŶ͘ $2,395,000 Žƌ ůĞĂƐĞƐ ƐƚĂƌƟŶŐ ĂƐ ůŽǁ ĂƐ ΨϮ͘ϬϬͬƐƋ͘ Ō͘

THECOMMERCIALINVESTOR.CA

Jack Huitema

220 Broad Street East, Dunnville, ON N1A 1G2

Broker of Record

905.774.7624 South Cayuga, Haldimand County

Each Office Is Independently Owned & Operated

Caledonia

Dunnville

Broiler Farm

Residental 4-plex

Modern 2 Storey 48x200ft Broiler barn, along with 4 smaller barns also equipped for Broilers. Farm has a large land base for Cash Cropping. 19,000 bu Grain bins. 60x120ft Drive Shed with rollup door. 3 Bedrm Century Home with gardens and mature trees. Call Jack for details.

Fully occupied. Good Income. Gross Rental 2018 - $32K. 2 - 2 bdrm and 2 - 1 bdrm units. Separate utilities. Short walk to schools, downtown restaurants + shopping. For more information call Jack.

Sutor Plantation Estate

66 Acres all treed with mature forest, including 27 Acres hardwood and 30,000 pine trees. Quiet country road access with a stream going through the property. Great location for a Dream Home. For more information call Jack.

www.coldwellbanker.ca June 22–July 20, 2019

Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR

37


trending

9LWVY[!

6]LYOH\SPUN ;VYVU[VยปZ minimum parking standards ^PSS cut housing costs A report recently released by the Ryerson Urban Analytics Institute called โ How Parking Regulations Need to Evolve for Highrise Buildingsโ , suggests Toronto should update its parking standards to cut housing costs. ;OL JP[` OHZ UV[ ZPNUPร JHU[S` YL]PZLK P[Z TPUPT\T WHYRPUN Z[HUKHYKZ ZPUJL HUK [OL YLWVY[ YLJVTTLUKZ HTVUN V[OLY [OPUNZ TVYL HIV]L NYHKL WHYRPUN PU UL^ I\PSKPUNZ ยธ;VYVU[VยปZ WHYRPUN Z[HUKHYKZ OH]LUยป[ ILLU YL]PZLK PU [OYLL KLJHKLZ HUK [OH[ยปZ H WYVISLT JVUZPKLYPUN [OH[ Hั VYKHIPSP[` Z[VYT^H[LY JHWHJP[` HUK [YH]LS ILOH]PV\Y HYL MHJ[VYZ [OH[ ULLK [V IL JVUZPKLYLK ยน ZH`Z WYVMLZZVY 4\Y[HaH /HPKLY VM [OL 9`LYZVU <YIHU (UHS`[PJZ 0UZ[P[\[L HUK JV H\[OVY VM [OL YLWVY[ ;OL JVUZ[Y\J[PVU VM ILSV^ NYHKL WHYRPUN VM[LU JVZ[Z IL[^LLU HUK WLY WHYRPUN ZWHJL PU KV^U[V^U ;VYVU[V >OPSL [OL JP[` OHZ THKL L_JLW[PVUZ MVY JLY[HPU WYVQLJ[Z ULHY Z\I^H` Z[H[PVUZ [OLYL PZ Z[PSS H Z[YPJ[ HKOLYLUJL [V TPUPT\T WHYRPUN YLX\PYLTLU[Z [OH[ LMMLJ[ KL]LSVWTLU[ JVZ[Z HUK HMMVYKHIPSP[` W\[[PUN UL^ OVTL V^ULYZOPW V\[ VM YLHJO MVY 4PSSLUUPHSZ HUK `V\UN MHTPSPLZ >OLU P[ JVTLZ [V Z[VYT^H[LY JHWHJP[` PU SPNO[ VM JSPTH[L JOHUNL HUK TVYL ZL]LYL ^LH[OLY WH[[LYUZ [OL 0UZ[P[\[L ZH`Z T\UPJPWHSP[PLZ T\Z[ WYLWHYL MVY OLH]` YHPUMHSS ^OPJO JHU OH]L ZLYPV\Z JVUZLX\LUJLZ ^OLU P[

38

SHUKZ VU HYLHZ ^P[O H OPNO ^H[LY [HISL HUK SPTP[LK VY HNPUN WPWLZ *VU[YHY` [V ;VYVU[VยปZ )\PSKPUNZ +LZPNU .\PKLSPULZ ^OPJO Z[H[LZ H WYLMLYLUJL MVY ILSV^ NYHKL WHYRPUN HIV]L NYHKL WHYRPUN HSSL]PH[LZ WYLZZ\YL MYVT [OL WYLZLUJL VM NYV\UK^H[LY L_HJLYIH[LK I` OLH]` YHPUMHSS 0U HKKP[PVU [V [YHUZP[ VW[PVUZ PU \YIHU HYLHZ YPKL ZOHYPUN HWWZ SPRL <ILY HUK 3`M[ JVU[PU\L [V OH]L HU PUร \LUJL VU [OL [YLUK VM KLJSPUPUN JHY V^ULYZOPW -VY L_HTWSL <ILY YLWVY[LK WH[YVUZ WLY KH` PU ;VYVU[V PU H [YLUK [OH[ ^PSS SPRLS`

COMMERCIAL INVESTOR | Commercial Real Estate & Business Opportunities

JVU[YPI\[L [V H KLJYLHZL PU ]LOPJSL V^ULYZOPW HUK H ULLK MVY WHYRPUN ZWV[Z /HPKLY ZH`Z ;OL YLWVY[ YLJVTTLUKZ [OH[ ;VYVU[V! <UKLY[HRL H YL]PL^ HUK V]LYOH\S TPUPT\T WHYRPUN Z[HUKHYKZ [V YLร LJ[ [OL ZPNUPร JHU[ JOHUNLZ V]LY [OL SHZ[ [OYLL KLJHKLZ PU [YH]LS ILOH]PV\Y [LJOUVSVN` HUK ZLY]PJLZ ,_HTPUL HUK LUJV\YHNL PUUV]H[P]L HIV]L NYV\UK WHYRPUN VW[PVUZ ZV [OH[ [OLZL Z[Y\J[\YLZ JHU IL YLW\YWVZLK MVY V[OLY WV[LU[PHS \ZLZ PU [OL M\[\YL Z\JO HZ YL[HPS HUK YLZPKLU[PHS *VUZPKLY PTWSLTLU[PUN TVYL ร L_PISL WHYRPUN Z[HUKHYKZ [OH[ HZZLZZ SVJHS SHUK \ZLZ HJJLZZPIPSP[` [V W\ISPJ [YHUZP[ HUK [YH]LS ILOH]PV\Y HSSV^PUN MVY H UPTISL HWWYVHJO [V LTLYNPUN [LJOUVSVNPLZ HUK KLTVNYHWOPJ WH[[LYUZ ยธ>L OH]L [V IL MVY^HYK [OPURPUN PU [OL ^H` ^L WSHU UL^ WHYRPUN PU \YIHU JLU[YLZ PU ;VYVU[V HUK HJYVZZ *HUHKH ยน ZH`Z (UK` 4HUHOHU L_LJ\[P]L KPYLJ[VY VM [OL 9LZPKLU[PHS HUK *P]PS *VUZ[Y\J[PVU (SSPHUJL VM 6U[HYPV 9**(6 ยธ;OL JVUZLX\LUJLZ VM I\PSKPUN [VV T\JO \UKLYNYV\UK WHYRPUN HYL T\S[PMVSK! <UULJLZZHYPS` PUJYLHZPUN JVUZ[Y\J[PVU JVZ[Z V]LYSVHKPUN V\Y Z[VYT^H[LY HUK ZL^LY Z`Z[LTZ HUK NLULYH[PUN ]HZ[ X\HU[P[PLZ VM ZVPS [OH[ T\Z[ IL [YHUZWVY[LK HUK KPZWVZLK VM ยน CI Source: Residential and Civil Construction Alliance of Ontario For the full report: rccao.com/research/files/ RCCAO-Parking-Report-June2019.pdf

June 22โ July 20, 2019


BUSINESS INVESTOR

Be the bank. BORROWING MONEY TO LEND TO MORTGAGES

Investing requires access to capital. While some investors use their own savings, others find alternative ways to invest by borrowing funds through leveraging existing equity in their real estate. Because earnings from mortgage investments are greater than the cost to borrow from conventional lenders, borrowing against your property can prove to be a profitable and rewarding investment strategy. Below are two examples of borrowing funds against your real estate to lend to mortgages. The first option considers a Mortgage Refinance, where you can access more of the equity in your property and a portion of your interest payments go towards your principal pay down. The second option considers a Home Equity Line Of Credit which consists of interest only payments. This is a more flexible option, but will limit a borrower to how much they can extract. SCENARIO 1

SCENARIO 2

Mortgage Refinance

Home Equity Line Of Credit

DETAILS

DETAILS

Property Value

$500,000

Refinance *3.65% Fixed | 30 Year Amortization

80% LTV**

New Mortgage

$400,000

New Mortgage

$325,000

Monthly Mortgage Payments

$1824

Monthly Interest Only Payments

$1,205

Property Value

$500,000

HELOC

65% LTV***

4.45% Interest

INVESTMENT EXAMPLE

INVESTMENT EXAMPLE

14% Annual Return

14% Annual Return

7% Monthly Interest + 7% Deferred Lender Fee on Payout

CASH FLOW

Monthly Interest Earned

7% Monthly Interest + 7% Deferred Lender Fee on Payout

CASH FLOW

$2,333

$400,000 at 7% Annually

Monthly Interest Earned

$1,896

$325,000 at 7% Annually

Mortgage Payments

– $1,824

Interest Payments

– $1,205

Net Monthly Cash Flow

= $509

Net Monthly Cash Flow

= $691

PROFIT

Net Annual Cash Flow

PROFIT

$6,112

$509.33 x 12 Months

Principal Pay Down

Net Annual Cash Flow

$8,287

$690.62 x 12 Months

+ $7,518

1 Year

Defered Lender Fee

+ $28,000

Total Net Profit

= $41,630

Defered Lender Fee

+ $22,750

Total Net Profit

= $31,037

Numbers rounded to the nearest dollar. *Rates and terms subject to fluctuation. OAC. **80% Loan to value ratio is the typical maximum on a refinance. ***65% Loan to value ration is the typical maximum on a secured line of credit.

3410 South Service Rd., Ste. 200, Burlington ON, L7N 3T2 | 1.888.330.3866 | info@ProFunds.ca | #12051 June 22–July 20, 2019

ProFunds.ca

Commercial Real Estate & Business Opportunities | COMMERCIAL INVESTOR

39


BUSINESS INVESTOR

Double your money in 6 years. PUTTING YOUR MONEY TO WORK

Pro Funds Mortgages provides a variety of mortgage investment opportunities DETAILS

offering some of the most competitive returns in the industry ranging from 10-16% annually. These returns are fixed (not contingent on project success) and are secured on real estate.

$100,000 Initial Investment 14% Annual Return 1 Year Term 6 Years Re-Invested

Our mortgage investments also feature some of the shortest terms in the real estate industry, typically ranging between 1-3 years. An important factor to consider with shorter-term investments, is the true benefit of compounded interest that you will earn when re-investing your principal plus interest after an investment has paid out. Please see the example below outlining how re-investing your principal investment plus interest can generate profitable compounded returns for you over a 6 year time span, and make your funds work for you in the highest capacity.

SCENARIO

Double your Money in 6 Years by Re-Investing your Annual Earnings

PRINCIPAL + INTEREST INVESTMENT YEAR 1

YEAR 2

YEAR 3

YEAR 4

YEAR 5

YEAR 6

Initial Investment

$100,000

$114,000

$129,960

$148,154

$168,896

$192,541

Plus 14% Earnings

$14,000

$15,960

$18,194

$20,742

$23,645

$26,956

Total at Year-End

$114,000

$129,960

$148,154

$168,896

$192,541

$219,497

RETURN ON INVESTMENT

$119,497 Return Over 6 Years

÷

$100,000 Initial Investment

=

120%

20%

Return Over 6 Years

Annualized ROI

By re-investing your principal and interest at 14% per annum, you can generate a return of 120% on your original investment in 6 years! (rounded to the nearest dollar)

3410 South Service Rd., Ste. 200, Burlington ON, L7N 3T2 | 1.888.330.3866 | info@ProFunds.ca | #12051 40

COMMERCIAL INVESTOR | Commercial Real Estate & Business Opportunities

ProFunds.ca June 22–July 20, 2019


H

A

M

I

L

T

O

N

Mazhar Roshan Sales Representative

905.929.9800 647.609.9463 905.574.6400

HomeLife Professionals Realty Inc.

Direct

BROKERAGE

GTA Direct

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

Office

mazharroshan@sympatico.ca GLANBROOK

NEBO ROAD - HAMILTON WELL ESTABLISHED HIGH VOLUME CANADA POST FRANCHISE BUSINESS AVAILABLE FOR SALE For more inquiries please call Mazhar Roshan at 905 929 9800

Plaza location long established hair salon business for sale. Major tenants are tim horton’s, Esso, gino’s pizza and more. Asking price is less than the set up cost and lease hold improvements. Most chattels and fixtures included, good for hands on professional. Do not go direct. Call lbo for more details.

BURLINGTON FOR LEASE

2000 Sq. Ft. on lower level for storage.

Nice investment and future development 3 properties to be sold together. Located is Red Hill Business park, cross from Canada bread, fully rented and net yearly income $58,500.00 Asking 1.3 million for more details and showing call Mazhar Roshan at 905-929-9800.

UPPER WENTWORTH - HAMILTON

PLAZA LOCATION

Plaza location store front 1021 sq ft major tenants tim horton’s, Avondale, Esso gas station, gino’s pizza and many more. Good for retail office or commercial use. Close to Hwy, shopping, and densely populated area. Showings tues-sat 11-6, 24 hours noticed required. For more details call lbo.

Great investment opportunity. High traffic central mountain location approx. 2,800 Sq. Ft. two units one dentist, the other catering business. Many updates including exterior stucco, newer A/C, furnace. For viewing and details call lbo. Do not go direct. 48 hrs notice for showings. Showing between 9-5, Monday-Friday only. No weekend showings. $699,900

Plaza location, 3,310 Sq. Ft., Retail office, commercial space in highly growing neighborhood of stoney creek mountain. Tenants include Tim Horton’s, ESSO, Gino’s Pizza, Ovandale, animal hospital, doctors and others. Very low rent and long lease. Immediate possession available. Call for more details.

18 ACRES OF LAND

PRICE REDUCED - $599,000

53 ACRES OF LAND

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.

Country in the city. Minutes from Ancaster fairgrounds. 7.75 Acres of land on Wilson, build your dream home on this lot facing onto two streets. Nice investment for future development. Corner of Wilson & White Swan Rd. Call LBO for more details. Buyer or his agent to do due diligence for future development.

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.

HAMILTON

125 TOLTON AVENUE

HAMILTON

RE

DU

CE

D

RE DU

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GLANBROOK

PIZZA STORE

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

2,392 Sq. Ft. Long established convenience store, owner retiring, located in mature neighbourhood, well built building, store with 3 bedroom residence. For more details call LBO.

Long established Pizza and Wings business. Doing over $50,000 sales per month. Low rent and long lease, real money-making business. Close to all amenities, schools and on bus route. Good for big family or business oriented individual.

41


www.teammilovick.com

519-745-7000

Grand Valley Realty BROKERAGE INDEPENDENTLY OWNED AND OPERATED

Unit 15C, 370 Highland Road West, Kitchener, ON N2M 5J9 fax: 519-489-1333

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

Jennifer Shingler

Sales Representative jenn@teammilovick.com

www.TeamMilovick.com

Invest in Ontarioâ&#x20AC;&#x2122;s Number 1 Town Today! Subscribe: Latest KWC Real Estate News: www.FaceBook.com/TeamMilovick 28 ELMSDALE DRIVE, KITCHENER

$

D L O S

2,999,000

à ® .YVZZ (UU\HS 0UJVTL (]HPSHISL /LYL à ® 5L^LY :[HJRLK ;V^UOV\ZL +L]LSVWTLU[ à ® )LH\[PM\SS` SHUKZJHWLK à ® 5V KLMLYYLK THPU[LUHUJL à ® :\P[L PUJS\KLZ! HWWSPHUJLZ SH\UKY` JVSVUPHS ZLYPLZ KVVY [YPT SHTPUH[L MSVVYPUN à ® *SVZL [V HSS HTLUP[PLZ à ® 43:®

109 BRUCE STREET, KITCHENER

$

739,900

600,000

à ® ,_JS\ZP]L KL]LSVWTLU[ VWWVY[\UP[` SVJH[LK ^P[OPU H TPU\[L ^HSRPUN KPZ[HUJL [V 4PSS :[YLL[ 39; :[H[PVU à ® 7SHUULY ZH`Z [V \UP[Z ^P[O J\YYLU[ 9 aVUPUN TH`IL \W [V ^P[O TPUVY ]HYPHUJL MVY WHYRPUN \UP[Z ^P[O M\[\YL aVUPUN à ® 3HYNL LHZ` [V ^VYR ^P[O ZP[L TH_PTPaLK ^P[O H MYHTL I\PSK à ® ,_JS\ZP]L

$

389,900

42

665,000

à ® 6WLU JVUJLW[ JVU[LTWVYHY` :- VM MPUPZOLK ZWHJL W\YWVZL I\PS[ V^ULY I\PS[ SLNHS K\WSL_ PU KLZPYHISL .YHUK 9P]LY 5VY[O à ® :LWHYH[L TL[LYZ! ^H[LY LSLJ[YPJP[` HUK NHZ ;^V NHZ M\YUHJLZ à ® +V\ISL JHY KYP]L^H` VJJ\WHU[Z KV UV[ OH]L [V WHYR PU [HUKLT à ® 43:®

45 HIGH STREET, WATERLOO

43 EUCLID AVENUE, WATERLOO

$

599,900

à ® .YVZZ (UU\HS 0UJVTL à ® 4\S[P`LHY 3LHZLZ <U[PS ([ 3LHZ[ (\N\Z[ à ® 7VZP[P]L *HZO -SV^ >P[O 1\Z[ +V^U à ® :PUNSL +L[HJOLK .HYHNL à ® 4HPU -SVVY <UP[ *VTWSL[LK <WKH[LK à ® *P[` (WWYV]LK 9LU[HS 3PJLUZLK 6WLYH[PVU à ® +LZPYHISL )LKYVVT 3H` 6\[ à ® ,HZ` >HSR ;V <^ (UK >S à ® 43:®

304-8 HICKORY STREET WEST, WATERLOO

à ® .YVZZ 4VU[OS` 0UJVTL à ® 4HZZP]L :- ;OYLL )LKYVVT <UP[ (]HPSHISL /LYL à ® @LHYZ @V\UN à ® 0U :\P[L 3H\UKY` à ® *VU[LTWVYHY` -PUPZOPUNZ [OH[ :[\KLU[Z 3V]L à ® :[LWZ [V >3< ,HZ` ^HSR [V <> à ® 3LHZLZ PU 7SHJL [V ([ 3LHZ[ LUK VM (\N\Z[ à ® 43:®

$

à ® .YVZZ (UU\HS 0UJVTL (]HPSHISL /LYL à ® ,U[Y` 3L]LS (WHY[TLU[ )\PSKPUN à ® ;^V ILKYVVT \UP[Z ;^V IHJOLSVY \UP[Z à ® +LZPYHISL 9VTZLV\U[ /LYP[HNL 7HYR HYLH à ® 6WWVY[\UP[` [V PUJYLHZL YLU[Z ZPNUPMPJHU[S` [V THYRL[ VU YL YLU[HS à ® 6]LYZPaLK KP]PKLK KV\ISL JHY NHYHNL à ® :OV^Z JSLHU ^P[O \WKH[LZ à ® .YLH[ YLU[HS SVJH[PVU RPSVTL[LYZ [V .VVNSL à ® 43:®

99 KEHL STREET, KITCHENER

$

6 SMETANA DRIVE, KITCHENER

$

399,000

à ® 7YL *VUZ[Y\J[PVU (ZZPNUTLU[ *VUKV 6WWVY[\UP[` PU +LZPYHISL 5VY[OKHSL à ® :WHJPV\Z ZX\HYL MVV[ [^V ILKYVVT [^V IH[O Z\P[L ^P[O ZX\HYL MVV[ IHSJVU` à ® 3VJH[LK HSTVZ[ HJYVZZ [OL Z[YLL[ MYVT >3<»Z 3HaHYPKPZ )\ZPULZZ )\PSKPUN [OPZ VWWVY[\UP[` JV\SK ^VYR ^LSS MVY Z[\KLU[ \UP]LYZP[` OP [LJO LTWSV`LL VY LU[Y` SL]LS PU]LZ[VY à ® 43:®

4-451 ALBERT STREET, WATERLOO

$

270,000

à ® ;OL Z[\KLU[ JVUKV [OH[ `V\ OH]L ILLU ^HP[PUN MVY -\SS YLUV]H[LK HUK ZOV^Z ((( à ® 4HYISL JV\U[LY [VWZ ;^V TVKLYUPaLK IH[OYVVTZ à ® )LH\[PM\S WSHUR MSVVYPUN [OYV\NOV\[ ;\YU RL` YLU[HS SPJLUZLK *P[` (WWYV]LK VWWVY[\UP[` H]HPSHISL PU KLZPYHISL 4HWSL .YV]L JVTWSL_ à ® >LSS THUHNLK Z[HISL JVTWSL_ à ® ,_JS\ZP]L

1-455 ALBERT STREET, WATERLOO

$

239,900

D L O S

à ® ;\YU RL` YLU[HS SPJLUZLK IKYT JVUKV VWW à ® 3HUKSVYK MYPLUKS` KL]LSVWTLU[ ^P[O HSS \UP[Z NLHYLK [V^HYKZ YLU[HS à ® >LSS THUHNLK Z[HISL JVTWSL_ à ® ,UK \UP[ SHYNLY [OHU PU[LYPVY \UP[Z PU [OL KL] à ® (SS IKYTZ HYL HIV]L NYHKL UV IZTU[ IKYTZ à ® 9LHZVUHISL JVUKV MLLZ VM Q\Z[ H TVU[O à ® 6WWVY[\UP[` [V IYPUN YLU[Z PTTLKPH[LS` [V THYRL[ à ® ,HZ` ^HSR [V IV[O \UP]LYZP[PLZ à ® 43:®


Colliers International Niagara Ltd.,

Real Estate Brokerage 82 Lake Street, Suite 200, St. Catharines, ON L2R 5X4 www.collierscanada.com 905-354-7413 70 NIAGARA STREET ST. CATHARINES

1579 CREEK ROAD, NIAGARA ON THE LAKE

3790 LAKESHORE ROAD, CAMLACHIE, ON

+/-22,439 sf warehouse/manufacturing unit available. 22’ clear ceiling hgt., 24’ to u/s roof deck. 14’ drive in door, 6 truck level doors. 600 V power. Large fenced compound. Ample parking. Located on busy Niagara St. in central St. Catharines. Easy access to the Q.E.W. Close proximity to Hwy. #406 OFFERED AT $6.00 psf n/n/n - $2.50 TMI Contact Ralph Roselli, Sales Representative ralph.roselli@colliers.com

A unique opportunity to lease +/- 1,000 sf to +/-14,000 sf in an agricultural distribution facility in beautiful Niagara on the Lake. Situated on +/- 1.99 acres. The property offers a single storey commercial/ industrial building with clear ceiling heights of 9 ft. to 10 ft. , multiple cold storage rooms, basement access, truck level & front loading docks, ample parking. Offered at $18.00 psf n/n/n Contact Mike Halliday, Sales Representatives mike.halliday@colliers.com

This links-style, 18 hole course is in exceptional condition. It includes a +/-22,000 sq. ft. club house featuring a full day spa facility, 7 guest suites, an extensive food, beverage & banquet facility, & fitness rm. It also features an attractive outdoor salt water pool w/lounging area & separate Pro Shop overlooking the first hole. OFFERED AT $2,900,000.00 Contact Mark Stevens, Sales Representative mark.stevens@colliers.com

6894 GARNER RD., NIAGARA FALLS

570 WELLAND AVE., UNIT 5 ST. CATHARINES

PT TWP LT 25 MOUNTAIN, NIAGARA FALLS NEW PRICE

Site plan approved for a two storey, 7 unit, turnkey townhouse development. Well positioned in prime new residential development area of Niagara Falls. OFFERED AT $699,000 Contact David Fulton, Sales Representative david.fulton@colliers.com or Mike Halliday, Sales Representative mike.halliday@colliers.com

+/-51,000 SF, 12 year old warehouse building For Sale in one of St. Catharines largest industrial complexes. The building includes offices, a cafeteria and washrooms. The shop floor area has a sloped roof with 23’ ceiling height at the peak and 18’ at the eaves. OFFERED AT $3,900,000 Contact Gregory Chew, Sales Representative greg.chew@colliers.com

Zoning approved for 36 large luxury +-1500 SF Units. Prime residential lot on main thoroughfare between Niagara-on-the-Lake and Niagara Falls. To the north, Mountain Rd. becomes the main artery into Niagara-onthe Lake, and to the south, leads directly to Niagara Falls. 10 minutes to Casino Niagara, the Horseshoe Falls and the Rainbow Bridge US border. 3 minutes to the QEW. Beautiful view overlooking the Eagle Valley Golf Club. OFFERED AT $1,450,000. Contact Gregory Chew, Sales Representative greg.chew@colliers.com

442 MILLEN ROAD, UNIT 9 & 10, STONEY CREEK

PCL 12-2 ALLANPORT ROAD, THOROLD

144 DUNKIRK ROAD, ST. CATHARINES

+/- 10.05 acres vacant dry industrial land available. Located near the corner of Barron Road and Allanport Road in the City of Thorold. Approximately 50% graveled, fully fenced. OFFERED AT $800,000.00 Contact Ralph Roselli, Sales Representative ralph.roselli@colliers.com

Re-locate your business to this well maintained warehouse/industrial building comprising 17,900 +/- sf with additional basement area of approx. +/-1,500 sf. Excellent highway exposure at the base of the Garden City Skyway, visible from both Toronto & Niagara bound routes. OFFERED AT $3,995,000 Contact Ralph Roselli, Sales Representative ralph.roselli@colliers.com

Prestige Ind. Condo Units available, with excellent Q.E.W. exposure on the South Service Rd in Stoney Creek. High traffic location visible from both the Niagara & Toronto bound routes. Unit 9-2,300 sf ground floor with 1,150 sf 2nd fl comprising of approx. 2,300 sf finished office space, balance warehouse w/10 x 12 O.H. door. Unit 10- 2,300 sf ground fl space, approx. 200 sf showroom, balance warehouse w/10 x 10 O.H. door. OFFERED AT $1,295,000 Contact Ralph Roselli, Sales Representative ralph.roselli@colliers.com

BROKERAGE APPRAISALS MANAGEMENT

Accelerating success. Global leadership in real estate solutions.

“Information contained herein has been obtained from the owners or from other sources deemed reliable. We have no reason to doubt its accuracy but regret we cannot guarantee it. All properties subject to change without notice.” 43


7 TALBOT STREET EAST, CAYUGA

$699,900

$2,750,000

Ideal Cayuga Investment Opportunity with prime, Commercially zoned corner lot. Offering detchd shopoperatingas “Garvie’s Automotive”specializing in service orientated mechanics grg & used car lot. Buyer to verify in regards to zoning, permit availability & overallduediligence

$1,500,000

15 JAYLIN CRESCENT, PORT DOVER

7 JAYLIN CRESCENT, PORT DOVER

Prime 4.22 ac (total of both properties) boasts est. turn-key Marina in heart of P. Dover-over 1000ft of frontage on Black Crk w/L.Erie access. Ftrs 70 slips w/on-shore decks/water, 300 boat storage, retail store, htd shop, 1872sf”Club House, all equipment..solid income. RARE!

$1,500/MONTH

44

$299,900

7104 CANBOROUGH RD, CANBOROUGH

33 MAIN ST N, WATERFORD

Turn-key commercial kitchen. Asking $1500 p/month plus apportioned share of utilities. Offers func. kitchen, lrg sit-down bar, 5 booths, extra table for 6 plus private outdoor patio. Incs.exclusive use of all kitchen equipment,cutlery,equipment etc.Tenant responsible for all liquor licence applications.

Incredible Commercial Opportunity! Currently operating as “Gram’s Cafe” w/tremendous reputation of incredible homemade meals & service. Includes majority of equipment & chattels. Ample parking & seating for 80(apprx.). Updts inc. H/VAC, electrical, roof, recent addit., kitch, flrng,baths,office&more.


FOR SALE

747 & 761 KING STREET EAST HAMILTON, ON

PRICE: $2,950,000.00

Kitchener Sixplex $919,900 Exclusive Listing.

Oxford County Fiveplex $631,900 Exclusive Listing.

PROPERTY DETAILS + Rare opportunity - User/Investor or Developer + Located on Future LRT Route in walking distance from future Wentworth Station + 72& ]RQLQJ DOORZV D ZLGH YDULHW\ RI XVHV LQFOXGLQJ UHWDLO RIĂ&#x20AC;FH DQG residential) + 5HWURĂ&#x20AC;W RU UHGHYHORSPHQW + VT IW RI DERYH JURXQG FRPPHUFLDO VSDFH RYHU Ă RRUV + 6RPH VSDFH Ă&#x20AC;QLVKHG UHKHDUVDO VWXGLR VSDFH + Two separate lots totaling 0.73 ac

Former Restaurant Building on corner lot just less then an acre. $345,900 MLS.

Shakespeare Former Restaurant sits on 1.46 Acres, C-1 Zoning. $519,900 MLS.

+ Post and Beam construction with high ceilings

WANTED: Muti-unit Res Building, plazas and development land. CONTACT US

Nick Tsimpragos Broker

519-729-8493

JONATHAN LEARY* DAVID MERKER*

WOLLE REALTY INDEPENDENTLY OWNER AND OPERATED

Email: tsimpragos@rogers.com | nicktsimpragos@royallepage.ca

Vice President +1 905 315 3695 jonathan.leary@cbre.com

Sales Representative +1 905 315 3676 david.merker@cbre.com

*Sales Representative

CBRE Limited Real Estate Brokerage 1235 North Service Road W | Suite 101 | Oakville, ON

DEVELOPMENT OPPORTUNITY Outstanding investment opportunity in the heart of the New Employment District of North Oakville. Prestigious location with 245 ft frontage on Dundas Street. Surrounded by major future employment development project.

M. Abusaa Broker of Record 416 825 7775 m.abusaa@akarat.ca

Hesham ElZoghby Broker 647 705 2620 h.elzoghby@akarat.ca

45


WE HELP YOU GROW YOUR DREAMS

Franchise and Business Opportunities

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Daphne Kua, Media Consultant 1-866-532-2593 | daphne@mediaclassified.ca

The Best Selection of Commercial, Industrial, Franchise and Business Opportunities 46

MATTHEW GARNET SALES REPRESENTATIVE RE/MAX WEST REALTY INC., BROKERAGE. DIRECT: 416.509.3036 OFFICE: 905.773.8000 EMAIL: MatTheLandFinder@gmail.com

Â&#x2021; VTXDUH IHHW GULYH LQ GRRUV WUXFN OHYHO Â&#x2021; DFUHV Â&#x2021; 0 ]RQLQJ 3HUPLWV D ZLGH UDQJH RI XVHV LQFOXGLQJ PRWRU YHKLFOH UHSDLU DQG RXWVLGH VWRUDJH 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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Introducing â&#x20AC;&#x153;The Ridgeâ&#x20AC;? 14.29 Acres Ideally Situated Abutting The 8UEDQ %RXQGDU\ 2YHU /RRNLQJ 7KH 7UHQW 6HYHUQ &DQDO $V ´¾,QĂ&#x20AC;OO¾¾ 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 â&#x20AC;&#x153;Innerâ&#x20AC;? Developer. Mins. Away From Downtown Campbellford Right Off County Rd 30/Grand Rd. Ideal Investment For Future Development.

41

FOR ADVERTISING INFORMATION CONTACT Yhanique Facey, Media Consultant

353-357 ARVIN AVENUE, STONEY CREEK

NATIONAL REAL ESTATE INFORMATION LISTING SERVICE

www.nreils.com

Free to Search Everyone can search within 5 seconds

ICIWorld.com iciworld.mobi All Mobile Devices Install The ICIWorld App

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62/' %< :,1&253 5($/7< ,1& Â&#x2021; /DUJH DQG 6PDOO $SDUWPHQW %XLOGLQJV DQ\ZKHUH LQ 2QWDULR Â&#x2021; +DYH PDQ\ &$6+ %X\HUV UHDG\ WR LQYHVW 12: Â&#x2021; 6SHFLDOL]LQJ LQ PXOWL UHVLGHQWLDO VDOHV IRU RYHU \HDUV Â&#x2021; 5HIHUHQFHV VXSSOLHG Â&#x2021; &RQĂ&#x20AC; GHQWLDOLW\ JXDUDQWHHG CONTACT: WINSTON DAVIES, BROKER OF RECORD WINCORP REALTY INC. REAL ESTATE BROKERAGE GUELPH, ON TEL: 519-836-2080 EMAIL: wjmdavies@rogers.com


“WE PRODUCE RESULTS”

FREE CMA EVALUATION with this ad cut out LAND DEVELOPMENT / INVESTMENT BUY & HOLD FUTURE

Paul J. Szostak

Broker / F.R.I. / P.S.A. / S.R.S. / C.-C.R.E.C. / A.S.A. / A.B.R. / S.R.E.S.R.C.C. (Past Chair) / R.A.H.B. (Director 2011-12)

stakteam@gmail.com

905.333.3500

EXECUTIVE RETAIL SPACE OWN & WORK, BURLINGTON, ON ICE PR AL 00.00 I C SPE499,9 $

F PH ORME AR MA R CY

BUY/HOLD INVESTMENT APPROX. 10% CAP RATE SEE E TOU VIRT RIC P R P UAL ICS NEW

VACANT. Attractive commercial condo, ideal for numerous applications. Located on a desirable busy street in Burlington, this unit should give you the exposure you need to succeed. Restaurants, shopping, businesses, residential homes, all at your doorstep. Located mins from the go Station and major HWYs. 2 bthrms, one handicap equipped, 2 rooms with sinks, plus an additional rough in, also includes a basement. MLS# H4046042

1917_DJW_4_0001 RETAIL WITH BUILDING UNDER 10,000 SQ.FT. SEASONAL COMMERCIAL

$588,888.00 MLS # H4033616

$550,000 Multi use fully tenanted property with turn key operation. Seven units with separate meters. The 7th hydro meter is being installed. This amazing opportunity to generate approximately $52,000 net operating income! Roof replaced approx. 5 years ago. Parking available for up to 10 vehicles. Appraisal is available at a cost of: $2500.00 / AACI /2018 Value: $550,000.00 . Excl. MLS# H4047196.

Mini- Putt and building was used for hot dogs / ice cream sales etc. High Density / High Visibility from HWY 3 in Beautiful “ Cayuga, ON.,” Once used as a Seasonal Mini-Putt / Snack Bar / Summer Attraction Location boasts over 1.6 Acres of prime real-estate off a main road with a 2 Storey / Building structure in need of TLC / Renovations / Roof etc.. as it has been awhile since last being updated. Value is in the Land / Location. V.T.B. AVAIL. UP TO 250K. Only $ 588,888.00 MLS # H4033616

UNITS 420&421 TOGETHER PRESTIGE EXECUTIVE OFFICES NEW

ICE

PR

4080 sq.ft. (2 Units Open Concept Joined) Both Units selling together with excellent Lease Income Approx. 8% Cap Rate.

4080 SQ.FT. / 2 UNITS. OFFERED AT ONLY $ 1,100,000.00

SALVAGE-YARD 1045 & 1049 MCDOWELL RD., E. NORFOLK , ON 2 DEEDS / PROPERTIES & 4 BUILDINGS

MLS # H4029395

1917_DJW_4_0001

t Property Taxes: $13,388.00 / 2017 t 2 DEEDS AND 2 ADJOINED PROPERTIES WITH EXCELLENT ZONING: CTN & RES. t PROPERTY AREA SIZE: 2.58 ACRES / 104.21’ Frontage x 825.00’ Depth t 2 Buildings Approx. 4200 + sq. ft. combined and One house 4 bdrm t Fixed Chattels: Hoist, Paint booth / HM, Security Camera System. t Asking $ 1,100,000.00 / Immediate Possession t Location is in Simcoe and Norfolk County with Retail / Wholesale / Salvage / Parts / Repair t Highway Exposure t V.T.B. up to $400k 47


OPENING THE DOORS TO YOUR REAL ESTATE DREAMS.

Let us be your borrowing power. CONTACT A PRO FUNDS MORTGAGE SPECIALIST TODAY!

ProFunds.ca

1.888.330.3866 info@ProFunds.ca

CONNECT WITH US

PRO FUNDS MORTGAGES Brokerage Licence #12051 *Financing dependant on approved credit. PRO FUNDS MORTGAGES Brokerage Licence #12051 *Financing dependant on approved credit.


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