Interested in Commercial Real Estate? Find out what two apartment buildings in Kitchener Waterloo area (Cambridge, Ontario) sold for, why they sold for a premium, and how you can make money selling an Apartment Building or other investment property. Contact Benjamin@BenjaminBach.com for more info
Commercial Real Estate Market Update in Kitchener Waterloo – Multi Family
What are apartment buildings in Kitchener Waterloo selling for? originally posted at: http://www.benjaminbach.com/?p=771 Multi-Family Housing in Waterloo Region One of things I find myself talk to real estate investors about these days is the price of apartment buildings. Seems there are lots of people looking to acquire high quality investment property, but there is not [...]
New Waterloo Student Housing Investment Property under construction
A few weeks ago we looked at some student housing under development in Waterloo on King Street (Update on Waterloo Student Housing Under Construction) as well as some recent sales of Waterloo investment properties (Recent Investment Property Sales in Waterloo Region). I want to give you a quick update. So, last time we looked at [...]
March 2010 Update: Kitchener Waterloo Commercial Real Estate Market
One our other blogs we’ve looked at the red hot performance of the residentla Kitchener Waterloo real estate market. How has the Kitchener Waterloo commercial real estate fared? In March 2010 there were 8 sales on the MLS, and these sold properties were listed between $39,899 and $3,300,000 and represented a mixture of multi tenant [...]
Canadian Bank Looking to Lend More for Real Estate
The local Kitchener Waterloo newspaper, The Record, had an interesting article this morning on one of Canada’s lenders, Laurentian Bank. Locally, Laurentian has been involved in financing many large student rental apartment buildings in Waterloo, especially the newer ones that have been developed in the last few years. Laurentian Bank looks at real estate financing [...]
Construction of 144 Park in Waterloo estimated at $21 million
144 Park is a new luxury condo building going up in Waterloo, Ontario at the corner of Park and Allen in Uptown Waterloo. It has units going over $1 million, making it the most luxurious development in the region. I was researching the condo, and I found this interesting report from Daily Commercial News and Construction [...]
1,000,000 sq ft MegalMall in Kitchener Waterloo to be named The Boardwalk
The largest shopping area in the Southwestern Ontario – One million square feet – is being built in Kitchener Waterloo, at the corner of Ira Needles Blvd and University Ave West. This is a project that Paul Dietrich and Voisin Developments are undertaking; Paul started assembling the land in 1985. From The Record: When completed [...]
Understanding Commercial Real Estate Terms pt1
Two calculations many of our client’s use when evaluating income producing real estate are Cap Rate, and Cash on Cash return. Let’s take a closer look at those two terms in this video: Over at BenjaminBach.com there is a very good explanation of these two terms: Cap Rate, or capitalization, expresses the ratio between the [...]
Tannery district in Kitchener becoming vibrant commercial hub
The Record, Kitchener Waterloo’s local paper, had an article yesterday about progress at the Tannery District, which is the new development around the old Lang Tannery building in downtown Kitchener. The Tannery used to be a factory where animal hides went through the tanning process to become leather, and is now being converted into live/work [...]
Multi Family Transaction Volume in Canada Should Increase in 2010
Last night I was reading a research paper put out by CBRE about the commercial & multi-family apartment market in Canada, and they’re pretty bullish on what’s going to happen this year. They also attributed a contraction of sales in 2009 to a lack of quality product. From the Canadian Multi-Housing Marketview (PDF): There was [...]
Benjamin Bach, Sales Representative
KW Commercial Director
a division of Keller Williams Golden Triangle Realty
Benjamin@BenjaminBach.com
519 772 4376 direct| 519 772 4377 fax | 9-871 Victoria Street North Kitchener, ON N2B 3S4 | 519 570 4447 office
Not intended to solicit anyone or properties under contract to another brokerage.
Kitchener Waterloo Real Estate Investments
- Allied REIT buys The Tannery District in Kitchener’s Warehouse / Innovation DistrictBig news today in Kitchener Commercial Real Estate, Allied REIT has purchased The Tannery District, the jewel of Kitchener’s Warehouse / Innovation District for $61.75 million. The Tannery District is a 340,150 square foot property redeveloped by Cadan Properties. It was the Lang Tannery, the largest tannery in the British Commonwealth at one point. With [. […]
- Why Canada is a top choice for global Real Estate InvestorsMy friends over at BuzzBuzzHome have put out a terrific infographic about why global Real Estate Investors look at Canada as a safe haven for their investment capital. Click for full size image Via BuzzBuzzHome, The most complete listing of new construction homes in Toronto and other major centres. Related posts: Investing in New Construction [...] Related p […]
- Morty’s owners purchase Forwell Variety on King Street in WaterlooBreaking news, the owner of Waterloo’s popular Morty’s pub has purchased the Forwell Super Variety store on King Street just south of University Ave in Waterloo. This is a high profile retail location, across the street from Wiflrid Laurier University, and just south of one of the busiest corners in Waterloo Region. Note: Morty’s Pub [...] Related posts: Mor […]
- Waterloo’s The Record Talks to Benjamin Bach about WLU’s $60 mil PurchaseStudent Housing Portfolio Sale One of Waterloo Region’s Largest Commercial Sales Last night I spoke with Brent Davis from The Record about WLU’s recent acquisition of the student housing portfolio on Bricker, Ezra and Hickory. The entire article can be found at this link. Below are some excerpts of my comments: “They ask for [...] Related posts: WLU drop […]
- WLU drops $58.9 mil on Student Housing Investment Portfolio in WaterlooBig news today, Wilfrid Laurier University has closed on their acquisition of the 765 bed Student Housing portfolio near WLU campus. This will be one of the largest commercial real estate transaction in Kitchener Waterloo this year. Laurier acquires apartment buildings adjacent to Waterloo campus WATERLOO – Wilfrid Laurier University has purchased 12 studen […]
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