Looking at the Q1 Altus Report and layering last week’s hike it is time to do a check in mid Q2. The statistics for Barrie, Orillia, and Simcoe demonstrate how the region has evolved.
Investors are looking for safe and profitable options that can withstand market uncertainty in today’s quickly changing economic environment. Investors seek long-term value and consistent returns – Commercial real estate (CRE) offers a tempting opportunity. Recent reports, from media outlets such as The Financial Post, illustrate the resiliency and potential of the CRE sector despite […]
Come North & Prosper
46 Line 3 N
At Maven Commercial, we believe that the key to success in commercial real estate is to use a customized marketing approach when listing and selling a property. When we were approached by a client who wanted to set the bar high for his exit strategy, we knew that we had to take a different approach than what everyone else was doing.
When Relationships Result in Revenue Streams
386 Tiffin St, Barrie
Our clients are not just investors… they are running businesses! Such is the case, that one of our clients shared with us that he was trying to break into the Barrie area as a new market for his LED billboard sign business. He asked for our help to cross pollinate with our other land-owning clients to introduce an opportunity for him to place his billboards on their properties and generate 4 times the income typically offered by billboard sign companies in rent.
Typical documents required for a commercial mortgage
Here’s a list of documents you need to gather and provide by category. Purpose of the Loan If a new acquisition, a copy of the Purchase Agreement If refinance of existing property, existing loan balance, amortization schedule and maturity date Amount of financing required, including details on the intended use of funds Property […]
The Inevitable Rise of Self Storage in Suburban Ontario
The self-storage market in Simcoe will inevitably expand as the secondary market’s population increase due to the mass influx from the urban centers. Read the article From: https://renx.ca/self-storage-real-estate-surge-ontario-growth-continue. Here are the Key Takeaways: Ontario’s 37.3-million-square-foot self-storage sector has grown by more than 4.2 million square feet during the past three years and more space is […]
Utility Rates
Investing in commercial real estate can be a smart decision for those looking to diversify their portfolio and generate long-term wealth. One market showing strong growth potential is the suburban market. We ran the numbers to demonstrate the benefits of owning property in the suburban market, namely Barrie based on utility bills and property taxes. […]
The Retail Sector shows promise as Zellers returns to Canada
The suburban retail market is primed for a comeback as a result of major retailers opening “new” locations in response to widespread store closures during the pandemic. Retailers were compelled to close their doors as the pandemic spread and lagged on, leaving many suburban areas with vacant storefronts and stagnated property values. However, as the […]
What Are the Pro’s and Cons of a Sale/Leaseback?
An alternative financing option in commercial real estate. Although real estate ownership for businesses is profitable in growing markets, with an increase in the value of the property and reduced debt through loan repayment, many businesses need additional capital to thrive in inflationary times like we are experiencing now. Whether the business is purchasing new […]
ARE YOU DESTINED TO BE A COMMERCIAL REALTOR®?
Commercial Real Estate vs Residential Real Estate Traditional sales professionals wear a multitude of hats during the client sales cycle. This is could not be truer than in the role of a residential Realtor®. Often clients will expect the agents to be a friend, a therapist, handy person, housecleaner, or life coach. A commercial Realtor® […]
Due Diligence Pays Off
28 Rawson Ave. Barrie ON, L4N 6E7
Our client was engaged in a bid for the recycling contract for the City of Barrie. To demonstrate viability for the bidding process, they required industrial land on which to set up their operations. The right site needed to satisfy multiple requirements, both within the criteria of the bid process as well as key principles held by our client.