)HDWXULQJ &RPPHUFLDOĂ?,QGXVWULDOĂ?)UDQFKLVH %XVLQHVV 2SSRUWXQLWLHV
FREE
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 $50M+ NATIONAL REAL ESTATE INFORMATION LISTING SERVICE
www.nreils.com
Free to Search Everyone can search within 5 seconds
41
ICIWorld.com iciworld.mobi All Mobile Devices Install The ICIWorld App
D TE AN W
D E T N A W
W AN TE D
62/' %< :,1&253 5($/7< ,1& ‡ /DUJH DQG 6PDOO $SDUWPHQW %XLOGLQJV DQ\ZKHUH LQ 2QWDULR ‡ +DYH PDQ\ &$6+ %X\HUV UHDG\ WR LQYHVW 12: ‡ 6SHFLDOL]LQJ LQ PXOWL UHVLGHQWLDO VDOHV IRU RYHU \HDUV ‡ 5HIHUHQFHV VXSSOLHG ‡ &RQÀ 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€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 (“CBREâ€?). 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€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 recipient’s reliance upon the Information. The recipient of the Information should take such steps as the recipient may deem necessary to verify the Information prior to placing any reliance upon the Information. The Information may change and any property described in the Information may be withdrawn from the market at any time without notice or obligation to the recipient from CBRE. CBRE and the CBRE logo DUH WKH VHUYLFH PDUNV RI &%5( /LPLWHG DQG RU LWV DIĂ€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
BURLINGTON CL CO OSE TO MM CE UNIT NT Y RE
S TA EA R TR LEA C
‡ 7KLV 3URSHUW\ LV %HLQJ 2ႇHUHG WR WKH 0DUNHW LQ D %LG 6XEPLVVLRQ 3URFHVV ‡ ,QIRUPDWLRQ 3DFNDJH WR EH 3URYLGHG XSRQ 6LJQLQJ RI D &RQ¿GHQWLDOLW\ $JUHHPHQW ‡ $GGLWLRQDO ,QFRPH 6RXUFHV LQFOXGH 3DUNLQJ /DXQGU\ DQG (QHUFDUH 6XEPHWHULQJ
‡ [ %DFKHORU [ 2QH %HGURRPV [ 7ZR %HGURRPV ‡ /DUJH &RUQHU /RW ‡ 8SVLGH LQ 5HQWV RQ 7XUQRYHU ‡ 7KHUPR :LQGRZV
‡ /DUJH %DOFRQLHV ‡ 7UHDW )LQDQFLQJ DV &OHDU
2ႇHUHG WR WKH 0DUNHW LQ D %LG 6XEPLVVLRQ 3URFHVV
O ON OD TU UPS RN IDE OV ER
‡ [ 2QH %HGURRPV [ 7ZR %HGURRPV ‡ 2ZQHU 3D\V IRU $OO 8WLOLWLHV ‡ 6WHHO 6ORSHG 5RRI ‡ &$3 ‡ 5 2 , ZLWK 'RZQ ‡ 7UHDW )LQDQFLQJ DV &OHDU
24 Suites
‡ [ 2QH %HGURRPV [ 7ZR %HGURRPV ‡ 8SVLGH LQ 5HQWV RQ
‡ ,QIRUPDWLRQ 3DFNDJH WR EH 7XUQRYHU 3URYLGHG XSRQ 6LJQLQJ RI D &RQ¿GHQWLDOLW\ $JUHHPHQW
‡ /RFDWHG QHDU 6W -RVHSK¶V +RVSLWDO LQ 'RZQWRZQ +DPLOWRQ
‡ 2WKHU LPSURYHPHQWV LQFOXGH FRQFUHWH UHVWRUDWLRQ HOHYDWRU UHSDLUV WRLOHW UHSODFHPHQWV DQG GRPHVWLF ZDWHU
‡ 1HZ %DOFRQ\ 5DLOLQJV LQ ‡ 7HQDQWV SD\ WKHLU RZQ +\GUR ‡ 7UHDW )LQDQFLQJ DV &OHDU
20 Suites
BELLEVILLEG
‡ $VNLQJ ‡ $VNLQJ SHU 6XLWH ‡ 2ZQHG E\ 6DPH 2ZQHU IRU <HDUV ‡ &HQWHUHG LQ %HDXWLIXO 5HVLGHQWLDO 1HLJKERUKRRG ‡ $PSOH 6XUIDFH 3DUNLQJ IRU 7HQDQWV 9LVLWRUV ‡ (OHFWULF %DVHERDUG +HDWLQJ
TR E CL AT A EA S R
‡ 7KLV 3URSHUW\ LV %HLQJ
34 Suites
S TA EA TR LEAR C
KITCHENER
HAMILTON WN TO WN TION O D CA LO
T EN LL N CE TIO EX OCA L
5 Suites + Development
RE UP NTAL SID E
‡ 7KLV 3URSHUW\ LV %HLQJ 2ႇHUHG WR WKH 0DUNHW LQ D %LG 6XEPLVVLRQ 3URFHVV ‡ ,QIRUPDWLRQ 3DFNDJH WR EH 3URYLGHG XSRQ 6LJQLQJ RI D &RQ¿GHQWLDOLW\ $JUHHPHQW ‡ $GGLWLRQDO ,QFRPH 6RXUFHV LQFOXGH 3DFNLQJ /DXQGU\ DQG (QHUFDUH 6XEPHWHULQJ ‡ 6LJQL¿FDQW 5HSDLUV WR 8QGHUJURXQG SDUNLQJ LQ
‡ [ 2QH %HGURRPV [ 7ZR %HGURRPV ‡ 6HOOHUV 2ႈFH LV /RFDWHG LQ %XLOGLQJ DQG KDV 3RWHQWLDO WR EH &RQYHUWHG LQWR $GGLWLRQDO 8QLW ‡ :LQGRZV 5HSODFHG \HDUV DJR ‡ %DOFRQ\ 5DLOLQJV 5HSODFHG \HDUV DJR ‡ 7UHDW )LQDQFLQJ DV &OHDU
52 Suites
ND O TO R W FIN HO ILLIN AN LD G CIN G
‡ $VNLQJ ‡ [ 2QH %HGURRPV ‡ 7HQDQWV 3D\ 7KHLU 2ZQ [ 7KUHH %HGURRPV +\GUR ‡ 3URSHUW\ LV ‡ 1HZ 6WHHO 5RRI $SSUR[ $SSUR[LPDWHO\ 0LQXWHV 0RQWKV :DON IURP *RRJOH )DFLOLW\ ‡ $SSUR[ 6SHQW 0LQXWHV :DON WR 1HZ RQ 3ODQV 3HUPLWV $SSURYHG IRU D 7RWDO RI 7UDQVLW +XE ‡ $SSURYHG 3ODQV ,QFOXGH 8QLWV LQFOXGLQJ 2ULJLQDO 3ULYDWH 'ULYHZD\ 6WUXFWXUH 3DUNLQJ 6SDFHV ‡ ,I %X\HU 3UHIHUV /DQHZD\ $FFHVV ([LW 6HOOHU :LOOLQJ WR %XLOG ‡ 7UHDW )LQDQFLQJ DV &OHDU &RPSOHWH WKH 1HZ 2QH %HGURRP 8QLWV LQ ‡ 6HOOHU RSHQ WR 97% VW ZKLFK FDVH SULFH LV WR EH 0RUWJDJH QHJRWLDWHG
BURLINGTON O ET E OS OR CLKESH LA
VE
OSHAWA L RA N NT CE ATIO C LO
‡ $VNLQJ ‡ $VNLQJ $VNLQJ SHU 6XLWH
P RE OTE NT NT A I ON L UP AL TU SID RN E
‡ [ 2QH %HGURRPV [ 7ZR %HGURRPV
‡ %XLOW 2ZQHG E\ WKH 6DPH ‡ 1RUWK RI +LJKZD\ ZLWK )DPLO\ VLQFH ‡ /RFNHU 5RRP /DXQGU\ ‡ ([FHOOHQW 3UR[LPLW\ WR 5RRP RQ (DFK )ORRU $PHQLWLHV
‡ (OHYDWRU ZLWK 8SJUDGHG 0HFKDQLFDOV
‡ &$3 5DWH
‡ 5 2 , ‡ 9LGHR 6XUYHLOODQFH LQ 3ODFH ‡ 7UHDW )LQDQFLQJ DV &OHDU ‡ 7DU *UDYHO 5RRI 5HSODFHG ‡ 1R 97% $YDLODEOH DERXW <HDUV $JR ‡ %X\HU WR $UUDQJH 2ZQ ‡ )LUVW )ORRU 7HUUD]]R ZLWK )LQDQFLQJ 2WKHU )ORRUV &DUSHWHG
27 Suites
5
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
t "QQMZ 'PS 1FSNJUT BOE #VJME JO 8PPETUPDL t VOJU SFTJEFOUJBM GVMMZ TFSWJDFE DPOEP EFWFMPQNFOU TJUF t 4UFQT UP OFX IPTQJUBM BOE 'BOTIBXF $PMMFHF 8PPETUPDL $BNQVT t 4JUF 1MBO BQQSPWFE XJUI þ PPS QMBOT HFPUFDI BOE BMM TUVEJFT t .-4 t $BMM 3ZBO #SJHHT t 5XP SFTJEFOUJBM QSPQFSUJFT XJUI SFEFWFMPQNFOU QPUFOUJBM JO HSFBU 6QUPXO 8BUFSMPP MPDBUJPO t BDSFT PG MBOE t ;POFE 6 6QUPXO $PNNFSDJBM $PSF XJUI PQQPSUVOJUZ UP NJY DPNNFSDJBM PO HSPVOE þ PPS BOE SFTJEFOUJBM BCPWF t *G QVSDIBTFE BT QBSU PG B MBOE BTTFNCMZ DPVME RVBMJGZ GPS CFUXFFO VOJUT t $POWFOJFOU MPDBUJPO DMPTF UP -35 TIPQQJOH SFTUBVSBOUT SFDSFBUJPO QBSL BOE TDIPPMT t &BTZ BDDFTT UP )JHIXBZ BOE XJUI DPOOFDUJPO UP )JHIXBZ t .-4 BOE &YDMVTJWF t $BMM %VODBO .D-FBO
396 WELLINGTON ST N, KITCHENER
t BDSFT PG OBUVSBM PQFO TQBDF MBOE t $VSSFOUMZ [POFE 04 t $MPTF UP UIF (SBOE 3JWFS BOE $IVSDIJMM 1BSL t 1SF $POTVMUBUJPO EPDVNFOU QSPQPTJOH MPX UP NFEJVN EFOTJUZ SFTJEFOUJBM XJUI CFUXFFO VOJUT JT BWBJMBCMF t .-4 t $BMM %VODBO .D-FBO
$624,900
t 8FMM NBJOUBJOFE BOE TQBDJPVT MFHBM OPO DPOGPSNJOH USJQMFY t 5ISFF VQEBUFE CFESPPN VOJUT t 1BSLJOH GPS DBST QMVT B MBSHF CBDLZBSE t 4IBSFE MBVOESZ SPPN t &BTZ BDDFTT UP )XZ UP PO B USBOTJU SPVUF DMPTF UP TIPQQJOH BOE BMM BNFOJUJFT t .-4 t $BMM $ISJTUJOB 3PPOFZ
#3 - 35 CHERRY BLOSSOM RD, CAMBRIDGE $249,900
t TG SFUBJM PGý DF VOJU GPS MFBTF t +PJO UFOBOUT UIF #FFS 4UPSF $BTFZ T #BS (SJMM 4VCXBZ )PMZ (VBDBNPMF BOE NBOZ NPSF
$15/SF
t 3BSF BDSF NVMUJ GBNJMZ SFTJEFOUJBM EFWFMPQNFOU MBOE JO 1SFTUPO t 6OEFSHSPVOE QBSLJOH EFTJHO ý UT UPQPHSBQIZ
519.578.0337
CELL:
$25-$40/SF #106-191 KING ST S, WATERLOO
$27/SF
t TG SFUBJM VOJU BWBJMBCMF BU #BVFS .BSLFUQMBDF JO 6QUPXO 8BUFSMPP t TG SFOU QMVT TG $". t (SFBU MPDBUJPO DMPTF UP .BSL /VOFT #BVFS ,JUDIFOFS 7JODF[PhT FUD t ;POJOH BMMPXT NBOZ SFUBJM BOE PGý DF VTFT t &YDMVTJWF t $BMM %VODBO .D-FBO
NBOZ VTFT t $PNQMFY XJMM JODMVEF SFTJEFOUJBM VOJUT t $POWFOJFOU BDDFTT UP FYQSFTTXBZ TIPQQJOH SFTUBVSBOUT USBOTJU t .-4 t $BMM %VODBO .D-FBO
#20 - 60 BATHURST DR, WATERLOO
$5.75/SF WANTED APARTMENT BUILDINGS IN SOUTHWESTERN ONTARIO
t TRGU JOEVTUSJBM VOJU XJUI BQQSPYJNBUFMZ TRGU ý OJTIFE PGý DF GPS 4VCMFBTF VOUJM "QSJM t %PDL MFWFM MPBEJOH EPPS HPPE USVDL BDDFTT HPPE PO TJUF QBSLJOH TQSJOLMFSFE CVJMEJOH t ,JOH 4U / FYQPTVSF t $VSSFOU [POJOH BMMPXT NBOZ VTFT t 3FBEZ UP NPWF JO t .-4 t $BMM %VODBO .D-FBO
t 2VBMJý FE #VZFST MPPLJOH GPS NVMUJ GBNJMZ BOE SFTJEFOUJBM BQBSUNFOU CVJMEJOHT UISPVHIPVU 8BUFSMPP 3FHJPO BOE 4PVUIXFTUFSO 0OUBSJP t &YQFSJFODFE BOE JOTUJUVUJPOBM #VZFST t 4JOHMF QSPQFSUJFT PS QPSUGPMJPT DPOTJEFSFE t $BMM /FJM ,PFCFM
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
t ZFBS PME FTUBCMJTIFE DBUFSJOH CVTJOFTT t 4UBUF PG UIF "SU JOEVTUSJBM LJUDIFO XJUI TUPSFGSPOU DBGF UFNQFSBUVSF DPOUSPMMFE USBJMFS t #VTJOFTT JODMVEFT DPOUSBDUT BOE BTTFUT t 'JOBODJBMT FUD BSF BWBJMBCMF GPS RVBMJý FE CVZFST t .-4 t $BMM $ISJTUJOB 3PPOFZ
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
D L SO ‡ %XVLQHVV 2SSRUWXQLW\ ZHOO HVWDEOLVKHG IUDQFKLVH ‡ ([FHOOHQW LQFRPH IRU RZQHU RSHUDWRU ZLWK VDOHV H[FHHGLQJ PRVW IDVW IRRG UHVWDXUDQWV ‡ VT IW ‡
/RFDWHG LQ WKH JDWHZD\ WR FRWWDJH FRXQWU\ %XLOGLQJ LV LQ JUHDW FRQGLWLRQ VHSWLF XSJUDGHG \HDUV DJR *DUDJH KDV UDGLDQW KHDWLQJ DQG 5HVWDXUDQW KDV $& 2SHUDWLQJ DV D UHVWDXUDQW IRU PRUH WKDQ \HDUV VT IW
MLS
SALE
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
‡ 'RZQWRZQ 2IÀFH ,QYHVWPHQW 2SSRUWXQLW\ ‡ ([FHOOHQW RSSRUWXQLW\ IRU D XVHU WR RFFXS\ VI DQG HQMR\ UHYHQXH IURP D JRYHUQPHQW WHQDQW ‡ VT IW RQ DFUHV ‡
‡ +LVWRULF PDQVLRQ ZLWK SXUSRVH EXLOW DGGLWLRQV ‡ 6LQJOH WHQDQW LQYHVWPHQW SURSHUW\ OHDVHG WR &DQDGLDQ 0HQWDO +HDOWK $VVRFLDWLRQ 0LGGOHVH[ ‡ VT IW RQ DFUHV ‡
MLS
MLS
SALE
MLS
MLS
SALE
‡ (DV\ DFFHVV WR .LWFKHQHU :DWHUORR DQG *XHOSK ‡ +LJK SHUFHQWDJH RI RIÀFH DUHDV SOXV ZDUHKRXVH ‡ 6T )W RQ DFUHV ‡
‡ )XOO\ OHDVHG FRPPHUFLDO LQYHVWPHQW RSSRUWXQLW\ ‡ RFFXSLHG E\ 6HUYLFH 2QWDULR ‡ VT IW RQ DFUHV ‡
SALE
417 EXETER ROAD, LONDON
MLS
SALE
1314 FISCHER HALLMAN ROAD, KITCHENER
ER D N U CT A R NT O C
‡ +LJK GHQVLW\ GHYHORSPHQW VLWH DW WKH LQWHUVHFWLRQ RI )LVFKHU +DOOPDQ %OHDPV 5RDG ‡ /RFDWHG QH[W WR JURFHU\ DQFKRUHG SOD]D ‡ DFUHV ‡
‡ 2IÀFH ,QYHVWPHQW 2SSRUWXQLW\ ‡ RI WKH EXLOGLQJ OHDVHG WR *RYHUQPHQW WHQDQWV ‡ FDS UDWH RQ H[LVWLQJ LQFRPH ‡ VT IW RQ DFUHV ‡ MLS
MLS
‡ +LJK GHQVLW\ UHVLGHQWLDO GHYHORSPHQW VLWH WR EH VHYHUHG IURP QHZ JURFHU\ DQFKRUHG UHWDLO GHYHORSPHQW 6SULQJ VWDUW ‡ 3UHOLPLQDU\ GHVLJQV IRU VXLWHV LQ EXLOGLQJV ‡ DFUHV ‡
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 22–July 20, 2019
KITCHENER/WATERLOO GUELPH & CAMBRIDGE
519.742.7000 www.coupalmarkou.com 25 INDUSTRIAL DRIVE, ELMIRA
LEASE
L
231 SHEARSON CRESCENT, CAMBRIDGE
‡ 0DLQ à RRU EULFN DQG EHDP RIÀFH VSDFH ZLWK DEXQGDQW QDWXUDO OLJKW ‡ 4XLFN DFFHVV WR +:< ORFDWHG QH[W WR WKH *2 7UDQVLW 6WDWLRQ ‡ VT IW ‡ VT IW QHW OHDVH
‡ 1HZ PXOWL VWRU\ &ODVV $ RIÀFH EXLOGLQJ ‡ &RQWHPSRUDU\ PRGHUQ GHVLJQ ‡ $PSOH RQ VLWH IUHH SDUNLQJ ‡ ² VT IW ‡ VT IW QHW
D E S EA
MLS
15 BARNSWALLOW DRIVE, ELMIRA
‡ 1HZO\ SURSRVHG SOD]D LQ WKH ZHVW HQG RI (OPLUD ‡ /RFDWHG LQ D JURZLQJ HVWDEOLVKHG PDMRU LQWHUVHFWLRQ ‡ 8QLWV IURP ² VT IW ‡ VT IW 1HW MLS
LEASE
LEASE
KITCHENER
‡ %XV\ RIÀFH UHWDLO SOD]D LQ (OPLUD MXVW PLQXWHV IURP 1RUWK :DWHUORR ‡ =RQLQJ DOORZV PXOWLSOH XVHV ‡ VT IW ‡ VT IW QHW
LEASE
LEASE 102-100 AHRENS STREET WEST,
MANITOU / FAIRWAY PLAZA
MLS
‡ 1HZO\ GHVLJQHG RSHQ FRQFHSW RIÀFH WHFK VSDFH LQ 'RZQWRZQ .LWFKHQHU ‡ $YDLODEOH 6SULQJ ‡ 3ULYDWH HOHYDWRU ‡ VT IW ‡ VT IW 1HW EXCLUSIVE
LEASE
L ‡ 2IÀFH DQG 5HWDLO RSSRUWXQLWLHV RQ PDLQ à RRU RU VHFRQG à RRU ‡ $YDLODEOH 1RZ ‡ 8QLWV IURP VT IW ² VT IW ‡ VT IW 1HW
STREET SOUTH, LEASE #8A – 250 DUNDAS CAMBRIDGE
KING STREET WEST, KITCHENER
LEASE
EXCLUSIVE
3-347 ERB STREET WEST, WATERLOO
‡ $$$ SOD]D ZLWK SOHQW\ RI RQ VLWH SDUNLQJ ‡ ,GHDO XVHV IRU WKLV VSDFH FRXOG LQFOXGH RIÀFH UHWDLO KDLU VDORQ PHGLFDO OHDUQLQJ FHQWHU HWF ‡ VT IW ‡ VT IW 1HW MLS
LEASE
100-85 WEBER STREET W, KITCHENER
D E S EA
‡ 5HWDLO VSDFH LQ KLJK SURÀOH SOD]D ‡ $PSOH RQ VLWH SDUNLQJ ‡ VT IW ‡ VT IW 1HW
MLS
MLS
‡ 1HZO\ 5HQRYDWHG 0DLQ )ORRU 2IÀFH 5HWDLO 6XLWH LQ FRQYHUWHG KRXVH ‡ 6WHSV IURP 'RZQWRZQ .LWFKHQHU DPHQLWLHV DQG WUDQVLW ZLWK RQVLWH SDUNLQJ VSDFHV LQFOXGHG ‡ VT IW ‡ 0RQWK *URVV /HDVH
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 22–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
0U WLY JLU[ VM YLJYLH[PVUHS THYRL[Z Z\Y]L`LK YLWVY[LK P[ ^HZ )HI` )VVTLYZ LZWLJPHSS` YL[PYLLZ ^OV ^LYL KYP]PUN [OL YLJYLH[PVUHS THYRL[ ;OL PUJYLHZL PU I\`PUN PU[LU[PVUZ HTVUN `V\UNLY WLVWSL ZOV^Z [OL Z[HY[ VM H UL^ [YLUK PU ^OV ^PSS M\LS [OPZ ZLNTLU[ VM [OL WYVWLY[` THYRL[ HUK ^OH[ [OL` HYL SVVRPUN [V W\YJOHZL June 22–July 20, 2019
¸>L HYL ÄUHSS` ^P[ULZZPUN [OL SVUN HU[PJPWH[LK NLULYH[PVUHS ZOPM[ VM W\YJOHZPUN WV^LY MYVT )HI` )VVTLYZ [V 4PSSLUUPHSZ ¹ ZH`Z *OYPZ[VWOLY (SL_HUKLY L_LJ\[P]L ]PJL WYLZPKLU[ 9, 4(? VM 6U[HYPV ([SHU[PJ *HUHKH ¸>P[O [OL OPNO JVZ[ VM \YIHU SP]PUN [HRPUN THU` `V\UN OVTLI\`LYZ V\[ VM [OVZL THYRL[Z TVYL 4PSSLUUPHSZ HYL [\YUPUN [V YLJYLH[PVUHS WYVWLY[PLZ HZ H ]PHISL VW[PVU MVY OVTL V^ULYZOPW ¹ 7YPJL YLTHPUZ [OL [VW JVUZPKLYH[PVU MVY YLJYLH[PVUHS WYVWLY[` I\`LYZ ^P[O WLY JLU[ VM Z\Y]L` YLZWVUKLU[Z UHTPUN HќVYKHIPSP[` HZ [OL TVZ[ PTWVY[HU[ MHJ[VY /V^L]LY SP]LHIPSP[` HSZV WSH`Z H JY\JPHS YVSL PU [OL ZLSLJ[PVU WYVJLZZ ¸;OPZ UL^ I\`LY KLTVNYHWOPJ JVTLZ ^P[O H KPќLYLU[ SPMLZ[`SL HUK WYVWLY[` JYP[LYPH [OHU [OVZL VM [OLPY )VVTLY JV\U[LYWHY[Z ¹ (SL_HUKLY HKKZ ¸-HJ[VYZ SPRL 0U[LYUL[ JVUULJ[P]P[` YLJYLH[PVUHS HJ[P]P[PLZ HUK WYV_PTP[` [V [V^UZ ^P[O \YIHU JVU]LUPLUJLZ HYL ILJVTPUN H TVYL PTWVY[HU[ ZLSSPUN MLH[\YL ¹ ;OL Z\Y]L` HSZV YL]LHSZ [OH[ WLY JLU[ VM *HUHKPHUZ ^HU[ YLJYLH[PVUHS WYVWLY[PLZ [V YLSH_ HUK ZWLUK [PTL ^P[O MYPLUKZ HUK MHTPS` -VY[` [OYLL WLY JLU[ ZH` [OL` HYL HISL [V KV [OPUNZ UV[ H]HPSHISL H[ [OLPY WLYTHULU[ YLZPKLUJL Z\JO HZ OPRPUN HUK ÄZOPUN ^P[O 4PSSLUUPHSZ YHURPUN OPNOLY WLY JLU[ [OHU )VVTLYZ WLY JLU[ PU [OPZ ZLU[PTLU[ >OLU P[ JVTLZ [V [OL HJ[\HS WYVWLY[` [OL Z\Y]L` HSZV MV\UK [OH[ V[OLY [OHU HќVYKHISL W\YJOHZL WYPJL *HUHKPHUZ ^OV V^U VY ^V\SK JVUZPKLY V^UPUN H YLJYLH[PVUHS WYVWLY[` UHTLK YLHZVUHISL THPU[LUHUJL JVZ[Z ^H[LYMYVU[ HJJLZZ HUK WYV_PTP[` [V [V^U HZ [OL TVZ[ PTWVY[HU[ MHJ[VYZ ^OLU W\YJOHZPUN ;OLZL ÄUKPUNZ KPќLY YLNPVUHSS` ^P[O TVYL ([SHU[PJ *HUHKPHUZ WLY JLU[ June 22–July 20, 2019
SVVRPUN MVY ZLJS\ZPVU JVTWHYLK [V YLZPKLU[Z PU ^LZ[LYU WYV]PUJLZ WLY JLU[ VY 6U[HYPV WLY JLU[ 6U[HYPHUZ VU [OL V[OLY OHUK HYL TVYL SPRLS` [V SVVR PU[V [OL WYVWLY[`»Z WYV_PTP[` [V [V^U HUK [OL HJJLZZPIPSP[` VM ULHYI` TLKPJHS MHJPSP[PLZ
(KKP[PVUHSS` [OL MPUKPUNZ YL]LHSLK [OH[ WLY JLU[ VM *HUHKPHUZ [YH]LS VY ^V\SK SPRL [V [YH]LS [V [OLPY YLJYLH[PVUHS WYVWLY[` PU HIV\[ [^V OV\YZ VY SLZZ ^OPSL WLY JLU[ [YH]LS VY ^V\SK [YH]LS [OYLL VY TVYL OV\YZ CI
.H\ ıQGLQJV IURP WKH 5( 0$; 5HFUHDWLRQDO 3URSHUW\ 2PQLEXV 6XUYH\ -VY[` WLY JLU[ VM *HUHKPHUZ HYL PU [OL THYRL[ MVY H YLJYLH[PVUHS WYVWLY[` WLY JLU[ VM 4PSSLUUPHSZ HYL PU [OL THYRL[ MVY H YLJYLH[PVUHS WYVWLY[` *HUHKPHUZ JP[L [OL MVSSV^PUN YLHZVUZ [V V^U VY ^HU[ [V V^U H YLJYLH[PVUHS WYVWLY[`! ‹ 0[ PZ ^OLYL 0 JHU NV HUK YLSH_ HUK ZWLUK [PTL ^P[O MYPLUKZ HUK MHTPS` $ WLY JLU[ ‹ 0[ PZ H NL[H^H` OVTL $ WLY JLU[ ‹ 0 JHU KV HJ[P]P[PLZ 0 JHU»[ KV H[ T` WLYTHULU[ YLZPKLUJL OPRPUN ÄZOPUN L[J $ WLY JLU[ ‹ 0[ PZ HU PU]LZ[TLU[ WYVWLY[` $ WLY JLU[ ‹ 0[ PZ H YL[PYLTLU[ OVTL $ WLY JLU[ ‹ 6[OLY $ [^V WLY JLU[ ;OPY[` WLY JLU[ VM *HUHKPHUZ ^OV ZH` [OL` \ZL VY ^V\SK \ZL H YLJYLH[PVUHS WYVWLY[` HZ HU PU]LZ[TLU[ VWWVY[\UP[` 4PSSLUUPHSZ YHUR [OL OPNOLZ[ H[ WLY JLU[ JVTWHYLK [V )VVTLYZ H[ WLY JLU[ 4VYL [OHU OHSM WLY JLU[ VM *HUHKPHUZ ^OV V^U VY HYL JVUZPKLYPUN V^UPUN H YLJYLH[PVU
WYVWLY[` HYL ^PSSPUN [V [YH]LS \W [V [^V OV\YZ WLY JLU[ ZH`PUN [OL` ^V\SK [YH]LS [^V OV\YZ :SPNO[S` SLZZ WLY JLU[ HYL ^PSSPUN [V [YH]LS [OYLL VY TVYL OV\YZ *HUHKPHUZ PKLU[PM` [OL MVSSV^PUN MLH[\YLZ HZ PTWVY[HU[ ^OLU JVUZPKLYPUN [OLPY J\YYLU[ YLJYLH[PVUHS WYVWLY[` VY H M\[\YL W\YJOHZL VM H YLJYLH[PVUHS WYVWLY[`! ‹ (ќVYKHISL W\YJOHZL WYPJL $ WLY JLU[ ‹ 9LHZVUHISL THPU[LUHUJL JVZ[Z $ WLY JLU[ ‹ >H[LYMYVU[ HJJLZZ $ WLY JLU[ ‹ 7YV_PTP[` [V [V^U $ WLY JLU[ ‹ 9LHZVUHISL KPZ[HUJL MYVT WYPTHY` YLZPKLUJL $ WLY JLU[ ‹ 9LSH[P]L ZLJS\ZPVU $ WLY JLU[ ‹ 3HUK HJJLZZ $ WLY JLU[ ‹ 7YV_PTP[` [V ZWVY[Z YLJYLH[PVU $ WLY JLU[ ‹ 5LHYI` ULPNOIV\YPUN WYVWLY[PLZ $ WLY JLU[ ‹ 0ZSHUK WYVWLY[` $ ZL]LU WLY JLU[ ‹ 6[OLY $ VUL WLY JLU[ ‹ 5VUL KVU»[ TPUK ^OPJO MLH[\YLZ T` YLJYLH[PVUHS WYVWLY[` OHZ $ ZL]LU WLY JLU[ ‹ +VU»[ RUV^ WYLMLY UV[ [V HUZ^LY $ ZL]LU WLY JLU[
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 $1,
Development Opportunity 575 Glen Forrest Blvd, Waterloo ON Rare 0.73 Acre Development Land Opportunity with C3-10 Zoning allowing for a combined Commercial & Residential 3- Floor Development in Waterloo West. C310 Zoning also allows for many commercial and retail uses. Phase 2 Environmental Completed showing it as a clean site. Adjacent to Park, Residential, and Retail. Easy Access to the LRT, Parks, Schools, Services, and Shopping. Walking distance to David Johnson Research + Technology Park (University of Waterloo)
JAMIE HANKE
Sales Representative Royal Lepage Triland Realty jhanke@royallepage.ca | 519-672-9880 À .6-5* 5&/"/5 */%6453*"- */7&45.&/5 -0$"5&% */ 45 5)0."4 0/ À 42 '5 *4 %*7*%&% */50 6/*54 0/ "$3&4 0' -"/% À '5 $-&"3 )&*()5 '6--: 413*/,-&3&% 1"3,*/( 45"--4 À #6*-5 */ )*() 53"''*$ -0$"5*0/ 8*%& "33": 0' ;0/*/( 64&4 À /&8 410354 065%003 3&$3&"5*0/ $&/53& *..&%*"5&-: /035) 0' 1301&35: À 105&/5*"- /&5 */$0.& SALE PRICE
14
COMMERCIAL INVESTOR | Commercial Real Estate & Business Opportunities
$2,995,000
June 22–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 Ontario’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 22–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 University’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. “What we know is exporting leads to huge growth opportunities for Canadian women business owners and these women have global ambitions,â€? says Jennifer Cooke, EDC corporate lead for women in trade. “What if we could do more to help them? What would be possible [OLU& ;OL YLZLHYJO Ă„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€? 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„UHUJPHS institutions because they’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„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. There’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. There’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 22–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
E AS
LE
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 R΀FH DVVHW FODVVHV FRQWLQXHG LQWR WKH ÀUVW TXDUWHU RI DFFRUGLQJ WR D UHVHDUFK UHSRUW LVVXHG E\ 0RUJXDUG &RUSRUDWLRQ
“The performance of multi-suite YLZPKLU[PHS PUK\Z[YPHS HUK VŃ?JL ZLJ[VYZ have kept them as favourites of investors,â€? says Keith Reading, director of research at Morguard. “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„KLU[ [OH[ [OLZL THYRL[Z continue to represent a relatively safe investment option.â€? The movement of retirees from single-family homes to the rental market, combined with international migration patterns, has resulted in ZPNUPĂ„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 HŃœLJ[ [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„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
“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„JHU[ YLSPLM š ZH`Z 9LHKPUN “Competition for space will remain Ă„LYJL 7YPTL KL]LSVWTLU[ WYVWLY[PLZ are likely to be fully leased – or very close to it – as they near completion.â€? Canada’s economic activity ZSV^LK PU [OL Ă„YZ[ X\HY[LY RLLWPUN with the trend of the second half of 2018. Consumer spending has tracked a similar path, presenting a ZPNUPĂ„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„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 22–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 22–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 À QDQFLQJ XQH[SHFWHG FRQVWUXFWLRQ FRVWV LQH΀ FLHQW OD\RXW DQG HQYLURQPHQWDO ODZVXLWV
Although real estate costs have shot up in recent decades, entrepreneurs HYL Z[PSS \Z\HSS` IL[[LY VŃœ 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 – something that can’t be done when renting. So, what makes a successful commercial real estate acquisition? /LYL HYL Ä ]L [PWZ [OH[ JHU OLSW
1. Understand the local real estate market Before making a decision on what to buy, pay heed to where you’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 22–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 ‘Upside’ Finding Value in the Grey Areas By Cliff Ford, Skyview Realty With the ever-increasing demand for multi-unit residential properties amongst investors, a trend has been emerging over the last number of years. Many properties, and certainly buildings with 30+ units, are seeing multiple offers as part of an open bid submission process. If you aren’t familiar with the bid submission process, it is the act of marketing a property for sale without providing a price. Typically, the Seller will provide all due diligence documents in advance of the offer deadline to allow buyers to determine what they are willing to offer on any given property. Sellers love this process as it can generally lead to multiple offers and can create a bidding war that drives up their end price. Buyers dislike this process, however, because they prefer to have some guidance on pricing going into the offer stage. As a brokerage, we are caught in the middle of wanting to deliver great results for our Seller and satisfying our buyer clients’ demands for more investment properties. What we have been noticing with these open bid properties is that ‘upside’ becomes a very common discussion point. The value a buyer places on the upside in a building can often become the factor that makes their offer stand out among the rest, at least as it relates to purchase price. When considering what the upside is on a property, its more than just rental rate upside, especially considering the lower vacancy rates seen in the Ontario market nowadays. Beyond the upside of what you could rent turned-over units for, investors are looking at upside in the utility consumptions by implementing programs to replace lighting with LED bulbs, inVWDOOLQJ /RZ Ă€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 sigQL¿FDQW 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 property’s market, and determining the price you want to pay for the upside, you can still achieve great acquisitions in this tight and highly sought after investment class.
June 22–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
k
$ 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
2 g$
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
NIAGARA PENINSULA ĕ Ĕ Ď ė Ď Ċ ė ė Ċ Ć đę ĞČ ė Ĕ Ě ĕǤ Ĉ Ĕ Ē
VIEW OUR MAGAZINES ON ANY
DIGITAL DEVICE
&Dʃȱʑʢʖȸɏ
ĔĎėĎĊė ĊĆđęĞ ėĔĚĕ CHAIRMAN’S CLUB TEAM
anytime, anywhere!
PLATINUM’S CLUB TEAM
ĆėĉĊē ĎęĞ ĊĆđęĞ ēĈǤǡ ėĔĐĊėĆČĊ
John Harber
Catherine Poirier Perry Poirier
^ĂůĞƐ ZĞƉƌĞƐĞŶƚĂƟǀĞ
Broker
^ĂůĞƐ ZĞƉƌĞƐĞŶƚĂƚŝǀĞ
Published by:
Now you can view all Commercial Investor magazines online using any smartphone, tablet or desktop device.
POTENTIAL FOR 24 LOTS
LET REAL ESTATE WORK FOR YOU
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
CE D
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 Ontario’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 RIÀFH DQG residential) + 5HWURÀW RU UHGHYHORSPHQW + VT IW RI DERYH JURXQG FRPPHUFLDO VSDFH RYHU à RRUV + 6RPH VSDFH ÀQLVKHG 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
)HDWXULQJ &RPPHUFLDOĂ?,QGXVWULDOĂ?)UDQFKLVH %XVLQHVV 2SSRUWXQLWLHV
FREE
September 31–October 30, 2019 Volume 19 | Issue 1
'VMM $PWFSBHF "SFB *ODMVEJOH -POEPO À ,JUDIFOFS À /JBHBSB 'BMMT À )BNJMUPO À 5PSPOUP À 0UUBXB TRENT HILLS | 14.29 ACRES WITH EXCELLENT ROAD FRONTAGE
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
‡ VTXDUH IHHW GULYH LQ GRRUV WUXFN OHYHO ‡ DFUHV ‡ 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
75% EXCLUSIVE Real Estate Opportunities
4 -4 8 7 5 21 6-
1.866.536.2606 | yhanique@mediaclassified.ca
Introducing “The Ridgeâ€? 14.29 Acres Ideally Situated Abutting The 8UEDQ %RXQGDU\ 2YHU /RRNLQJ 7KH 7UHQW 6HYHUQ &DQDO $V ´¾,QĂ€OO¾¾ As They Come, This Parcel Is Nestled Amongst Residential Homes w/ Excellent Road Frontage On 6th Line West+Victoria St. Municipal Services Only Steps Away, This Property Is A Blank Canvas For Your “Innerâ€? Developer. Mins. Away From Downtown Campbellford Right Off County Rd 30/Grand Rd. Ideal Investment For Future Development.
41
FOR ADVERTISING INFORMATION CONTACT Yhanique Facey, Media Consultant
353-357 ARVIN AVENUE, STONEY CREEK
NATIONAL REAL ESTATE INFORMATION LISTING SERVICE
www.nreils.com
Free to Search Everyone can search within 5 seconds
ICIWorld.com iciworld.mobi All Mobile Devices Install The ICIWorld App
D TE AN W
ED NT A W
W AN TE D
62/' %< :,1&253 5($/7< ,1& ‡ /DUJH DQG 6PDOO $SDUWPHQW %XLOGLQJV DQ\ZKHUH LQ 2QWDULR ‡ +DYH PDQ\ &$6+ %X\HUV UHDG\ WR LQYHVW 12: ‡ 6SHFLDOL]LQJ LQ PXOWL UHVLGHQWLDO VDOHV IRU RYHU \HDUV ‡ 5HIHUHQFHV VXSSOLHG ‡ &RQÀ 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.