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Opportunities Summary— For Sale

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Opportunities Summary— For Sale Powered By Docstoc
					                                          Commercial and Residential Real Estate
                               “Trusted Advisor, Skilled Negotiator, and Expert Facilitator”®

                                    Opportunities Summary— For Sale and For Lease
                                              Dr. Bruce M. Firestone, Broker
                                    Partners Advantage GMAC Real Estate, Brokerage
                                                        April 2010
                                                   [Twitter: http://twitter.com/ProfBruce]

  *** LAND AND LOTS *** BUILDINGS FOR SALE *** OFFICE SPACE AND MINI OFFICES ***
          RETAIL SPACE *** WAREHOUSE/INDUSTRIAL/STORAGE/SHOWROOM ***
       SALE/LEASEBACK *** BUSINESSES FOR SALE *** MULTI RES AND INVESTMENT
            PROPERTY ***COTTAGE PROPERTY *** RESIDENTIAL RENTALS ***
                              RESIDENTIAL SALES ***

[New Form of Financial Capital

Financings have been done for a long time using two basic types of capital: equity and debt. Self-capitalization may, in fact, be
considered a new form of financing. It could be something new based on these questions: “What is cheaper—debt or equity?” (see:
http://www.eqjournalblog.com/?p=64 for the answer) with a follow up question: “What is cheaper than debt and equity?”

The latter question was answered in an article entitled „Don‟t Trade in Your Old Suit (Yet)‟ which was published in the OBJ and can
be found at: http://www.eqjournalblog.com/?p=752. In simple terms, debt is usually cheaper than equity and bootstrap capital or self-
capitalization is usually cheaper than both. It was this discovery that leads one to believe that self-capital is a completely new form or
different form of capital.

Self-capital could be supplier credit, say, or deposits or retainers from clients. Supplier credit or trade credit is often extended to
startups without cost (that is, without interest or other fees usually associated with financings) because, if the startup is successful, the
supplier has helped to create a new client for itself, often a very loyal new client.

Clients will also often extend credit to a new enterprise (in the form of deposits/retainers/progress payments) without cost because
again, if the startup is successful, the client has helped to create a new supplier for itself, often a very loyal new supplier.

Self-capitalization methods are tremendously varied (see for example: http://www.eqjournalblog.com/?p=45). It also subsumes sweat
equity which is, of course, a form of human capital—capital contributed by the Founders of a startup in the form of labour. So
financial capital should be broken down in your business models and plans into three categories: debt, equity and self capital.

Prof Bruce]

Featured This Month


                                         Dr. Bruce M. Firestone, B. Eng. (Civil), M. Eng.-Sci., PhD.
                                                   Real Estate Broker and Mortgage Broker
                                              Partners Advantage GMAC Real Estate, Brokerage
                                                        Lincoln Fields Shopping Centre
                                             2525 Carling Avenue, Unit 23, Ottawa ON K2B 7Z2
                             Tel.: 613.422.6757 x 250 Bruce x 255 Matthew Cell: 613.794.5560 Fax: 613.422.2877
                                                     Blog: http://www.eqjournalblog.com/
                                                      Twitter: http://twitter.com/ProfBruce
                                  Email: bfirestone@partnersadvantage.ca or mfirestone@partnersadvantage.ca
                                   Internet: www.OttawaRealestatenews.com and www.PartnersAdvantage.ca
                                      Commercial and Residential Real Estate
                           “Trusted Advisor, Skilled Negotiator, and Expert Facilitator”®




3-Bay Industrial Building plus new Storage Building, Carleton Place ON
Well-constructed and newly renovated/expanded, 3-bay industrial building for sale in a top industrial park. New storage
building added to increase cashflow. Additional land available for further development. $1,200,000.




85 Dufferin Street (Highway 7) Perth ON
Prime commercial and residential site in Perth with frontage on Highway 7. Close to Tim Hortons and Your Independent
Grocer. 4.96 acres approx. Excellent site for medium density housing, commercial plaza and much more. 29,000 vpd.
$1,450,000.00 CAD ($292,340 per acre approx.)




Commercial Land for Sale in Orleans-Cumberland
One acre commercial land on Tenth Line Road next to rapidly developing Avalon community. Ideal for commercial uses,
new retail plaza or medium density residential development. $1,095,000.




Exploriem.org Enterprise Centre/Incubator, 2525 Carling Avenue, Suite 23, Ottawa
Mini Offices, workstations, meeting rooms, mailboxes, early stage funding, mentoring and much more. From $575
monthly plus facilities charge. Workstations available for just $225 monthly. www.MiniOffice.org.




Ravenview Estates: 2-acre Lots for Sale in Kanata
Serene and beautiful two acre building lots in this 21-Lot subdivision in Kanata North. Excellent location near the heart of
                                      Dr. Bruce M. Firestone, B. Eng. (Civil), M. Eng.-Sci., PhD.
                                                Real Estate Broker and Mortgage Broker
                                           Partners Advantage GMAC Real Estate, Brokerage
                                                     Lincoln Fields Shopping Centre
                                          2525 Carling Avenue, Unit 23, Ottawa ON K2B 7Z2
                          Tel.: 613.422.6757 x 250 Bruce x 255 Matthew Cell: 613.794.5560 Fax: 613.422.2877
                                                  Blog: http://www.eqjournalblog.com/
                                                   Twitter: http://twitter.com/ProfBruce
                               Email: bfirestone@partnersadvantage.ca or mfirestone@partnersadvantage.ca
                                Internet: www.OttawaRealestatenews.com and www.PartnersAdvantage.ca
                                       Commercial and Residential Real Estate
                            “Trusted Advisor, Skilled Negotiator, and Expert Facilitator”®
Ottawa's Tech community, including Mitel, Cisco, Alcatel-Lucent, march Networks and many others in the Kanata North
Business Park. Close to shopping, recreation, Scotiabank Place and more. Nearby neighborhoods include Black Horse
Run, Vances Farm, Briarbrook, Morgan's Grant, Kanata Lakes, Beaverbrook etc. $125,000 per lot and up.




Investment opportunity-6610 Fourth Line Road, North Gower, Ottawa ON
Includes one, 3-bedroom home, two, 2-bedroom apartments, one 1,800 sq. ft. ground floor commercial space, one 3-4
vehicle garage (partly heated), one 1,200 sq. ft. shed and a large surface parking lot. Strong potential. $525,000.00
(Decent Cap Rate).




12023 Dawley Drive, Winchester
Commercial land for sale just off Highway 31 (Bank Street) 20 minutes south of Ottawa. Approximately 2 acres. Close to
Tim Hortons, Pet Value, Super Food Store. Piped sewer and water available. Access from both Dawley Drive and Main
Street/Highway 43. Leased until Dec. 2010. $229,500.




4-Bay Garage: Franchise, Land and Building for sale in Orleans/Cumberland
In business since 1988, this successful tire and garage business is for sale. Land area is 1.29 acres and includes .5 acre for
expansion plan. Zoned industrial. Low property taxes. Big box stores nearby. Top end tires. Building in sound shape with
tools, equipment, hoists plus excellent office and work spaces. Car sales are also permitted under existing zoning.
$1,620,000.00. Seller will provide some financing to qualified Buyer.




114 Grasshopper Lane, Dunrobin
Great four bedroom home featuring 3 and ½ bathrooms. Finished lower level with a wet bar. Flexible floor plan allows for
the option of a rental unit to help pay the mortgage! Lovely finishings with four spacious bedrooms. Large back yard in
quiet family neighbourhood. Close to schools, churches, golf, swimming and more. $330,000

                                      Dr. Bruce M. Firestone, B. Eng. (Civil), M. Eng.-Sci., PhD.
                                                Real Estate Broker and Mortgage Broker
                                           Partners Advantage GMAC Real Estate, Brokerage
                                                     Lincoln Fields Shopping Centre
                                          2525 Carling Avenue, Unit 23, Ottawa ON K2B 7Z2
                          Tel.: 613.422.6757 x 250 Bruce x 255 Matthew Cell: 613.794.5560 Fax: 613.422.2877
                                                  Blog: http://www.eqjournalblog.com/
                                                   Twitter: http://twitter.com/ProfBruce
                               Email: bfirestone@partnersadvantage.ca or mfirestone@partnersadvantage.ca
                                Internet: www.OttawaRealestatenews.com and www.PartnersAdvantage.ca
                                       Commercial and Residential Real Estate
                            “Trusted Advisor, Skilled Negotiator, and Expert Facilitator”®




Combine Shop for Sale-12026 Dawley Drive (West), Winchester
Building and land for sale just off Highway 31 (Bank Street) 20 minutes south of Ottawa. Building is approximately 5,685
sq. ft. Ceiling height of 14-16 ft. Close to Tim Hortons, Pet Value, Super Food Store. Well and pump out septic system in
use. Piped sewer and water may be made available by Town of Winchester. Leased until Dec. 2010. $179,500 ($31.60 per
sq. ft. of building area)




Beach Memberships in Kanata North/Dunrobin
Get ready for summer! We have a limited number of Beach Memberships available for Windward Island and Dunrobin
Lake. Just 7 minutes from Alcatel-Lucent.
Swimming, canoeing, kayaking, windsurfing, fishing (large mouth bass: catch and release). Memberships: $100 per
person or $150 per family of four per annum. (Hours: 10 am to 6 pm)


Deal Structure, Deal Flow and Bootstrapping It

Recently, I had a chance to sit down with a former student and look at the deal structure he was planning to put in place
with two partners to open a new restaurant franchise in Baltimore. They needed to raise $1.8 million, part of it debt, part
of it equity. They wanted to start with a LTV (Loan to Value) ratio of 50/50 so that meant they needed to raise $900k in
equity. They had already secured (via a long term lease) an excellent downtown location and a bank loan for $900,000,
contingent on raising the balance in the form of equity.

Each of the other two wealthy partners were prepared to put in $400,000 and Bill (not his real name—other facts have
also been changed to protect the identity of the individuals involved) had saved $70,000 of his own money and secured a
soft capital loan from his aunt for the remaining $30k.

This would give each outside partner 44.4% of the business and Bill, 11.1%. The trouble was Bill, although still young
(just 29), was the only partner with experience actually managing a pub. So he was expecting to put in the most hours
operating the new franchise and yet he had a tiny share in the enterprise. To assist him, the other partners were willing to
enter into a shareholder agreement that would let Bill buy more equity over time (to get him to a 20% share eventually)
using a complicated formula based on the FMV of the shares less a certain percentage.



                                      Dr. Bruce M. Firestone, B. Eng. (Civil), M. Eng.-Sci., PhD.
                                                Real Estate Broker and Mortgage Broker
                                           Partners Advantage GMAC Real Estate, Brokerage
                                                     Lincoln Fields Shopping Centre
                                          2525 Carling Avenue, Unit 23, Ottawa ON K2B 7Z2
                          Tel.: 613.422.6757 x 250 Bruce x 255 Matthew Cell: 613.794.5560 Fax: 613.422.2877
                                                  Blog: http://www.eqjournalblog.com/
                                                   Twitter: http://twitter.com/ProfBruce
                               Email: bfirestone@partnersadvantage.ca or mfirestone@partnersadvantage.ca
                                Internet: www.OttawaRealestatenews.com and www.PartnersAdvantage.ca
                                        Commercial and Residential Real Estate
                             “Trusted Advisor, Skilled Negotiator, and Expert Facilitator”®
What I suggested instead was that they all go in as equal partners—1/3 each right, from the get go. Bill‟s concern was, of
course: “Where will I get $300,000? I put everything I own on the table just to get to $100k.”

The answer is that you can often capitalize a business (or your share in it in this case) right from the deal flow itself. It‟s
easy!

I told Bill: “What you‟re going to do is ask your partners to each loan you $100,000 for seven years and you‟ll agree to
pay them interest at 6.5% p.a. But for the first two years, while you‟re building the business, there won‟t be any principal
or interest payments—interest will be capitalized. Then over the last five years, you‟ll pay monthly principal and interest
to them.”

Bill‟s next question was: “Why would they agree to that?” Here‟s why:

1. Bill is in possession of asymmetric information—he is the only skilled operator amongst the group and they need him.
His partners should not even think about going into this business with no experience—they‟ll get eaten alive by the
competition. Bill has leverage he didn‟t even realize.
2. In many ways, his partners are better off by lending Bill their money to become an equal partner. A happy managing
partner is a productive one. Plus they will have a Bill deeply „intricated‟ into the business—he is on the hook personally
for one third of the loan from the Bank and he owes them personally $100k each. That means, if the business goes broke,
their risk capital has been reduced by $100,000 each—because Bill still has to pay it back using his own resources, which
means he‟ll have to go get a JOB to repay the loans.
3. They are making a return on their capital (6.5%) which isn‟t particularly great but for two middle aged investors, it‟s
still better than most of their IRAs and other investments are paying (from 3.15% to 6%).

From Bill‟s point of view, this solution is elegant because, based on his cashflow projections, he will never actually have
to pay these loans back himself. Huh? That‟s because Bill estimates, based on his experience, that the franchise will
produce a reliable stream of free cashflow of ~ $325,000 annually from year 3 to year 7. Bill‟s share of free cashflow is
one third or $108,333 less what he has to repay to his partners over the five years from year 3 to 7 ($54,383 annually). So
his actual distribution is a net of $53,949 per year. So the business is actually repaying his partners, not Bill.

During that period, Bill is still seeing a great ROE: he is receiving nearly $54,000 a year from the biz on his actual out of
pocket investment of $100k or nearly a 54% p.a. rate of return. After he pays off his two partner loans, his ROE (in year
eight) jumps to over 108% p.a.

So Bill has, in part, bootstrapped himself to a one third ownership position in a valuable concession by looking for capital
in the deal flow itself. He is on his way to becoming wealthy—he will have created an „annuity‟ for himself—reliable,
reproducible, recurring cashflow produced by an asset he owns or controls.

Prof Bruce

                                       Dr. Bruce M. Firestone, B. Eng. (Civil), M. Eng.-Sci., PhD.
                                                 Real Estate Broker and Mortgage Broker
                                            Partners Advantage GMAC Real Estate, Brokerage
                                                      Lincoln Fields Shopping Centre
                                           2525 Carling Avenue, Unit 23, Ottawa ON K2B 7Z2
                           Tel.: 613.422.6757 x 250 Bruce x 255 Matthew Cell: 613.794.5560 Fax: 613.422.2877
                                                   Blog: http://www.eqjournalblog.com/
                                                    Twitter: http://twitter.com/ProfBruce
                                Email: bfirestone@partnersadvantage.ca or mfirestone@partnersadvantage.ca
                                 Internet: www.OttawaRealestatenews.com and www.PartnersAdvantage.ca
                                       Commercial and Residential Real Estate
                            “Trusted Advisor, Skilled Negotiator, and Expert Facilitator”®
From: http://www.eqjournalblog.com/?p=726


Buildings for Sale




Industrial Building for Sale (Parts Store)-12026 Dawley Drive (East), Winchester
Building and land for sale just off Highway 31 (Bank Street) 20 minutes south of Ottawa. Building is approximately 4,950
sq. ft. Ceiling height of 14 ft. Close to Tim Hortons, Pet Value, Super Food Store. Well and pump out septic system in
use. Piped sewer and water may be made available by Town of Winchester. Leased until Dec. 2010. $149,500 ($30.20 per
sq. ft. of building area)




Investment opportunity-6610 Fourth Line Road, North Gower, Ottawa ON
Includes one, 3-bedroom home, two, 2-bedroom apartments, one 1,800 sq. ft. ground floor commercial space, one 3-4
vehicle garage (partly heated), one 1,200 sq. ft. shed and a large surface parking lot. Strong potential. $525,000.00
(Decent Cap Rate).




Combine Shop for Sale-12026 Dawley Drive (West), Winchester
Building and land for sale just off Highway 31 (Bank Street) 20 minutes south of Ottawa. Building is approximately 5,685
sq. ft. Ceiling height of 14-16 ft. Close to Tim Hortons, Pet Value, Super Food Store. Well and pump out septic system in
use. Piped sewer and water may be made available by Town of Winchester. Leased until Dec. 2010. $179,500 ($31.60 per
sq. ft. of building area)




4-Bay Garage: Franchise, Land and Building for sale in Orleans/Cumberland
In business since 1988, this successful tire and garage business is for sale. Land area is 1.29 acres and includes .5 acre for
expansion plan. Zoned industrial. Low property taxes. Big box stores nearby. Top end tires. Building in sound shape with
                                      Dr. Bruce M. Firestone, B. Eng. (Civil), M. Eng.-Sci., PhD.
                                                Real Estate Broker and Mortgage Broker
                                           Partners Advantage GMAC Real Estate, Brokerage
                                                     Lincoln Fields Shopping Centre
                                          2525 Carling Avenue, Unit 23, Ottawa ON K2B 7Z2
                          Tel.: 613.422.6757 x 250 Bruce x 255 Matthew Cell: 613.794.5560 Fax: 613.422.2877
                                                  Blog: http://www.eqjournalblog.com/
                                                   Twitter: http://twitter.com/ProfBruce
                               Email: bfirestone@partnersadvantage.ca or mfirestone@partnersadvantage.ca
                                Internet: www.OttawaRealestatenews.com and www.PartnersAdvantage.ca
                                       Commercial and Residential Real Estate
                            “Trusted Advisor, Skilled Negotiator, and Expert Facilitator”®
tools, equipment, hoists plus excellent office and work spaces. Car sales are also permitted under existing zoning.
$,1620,000.00. Seller will provide some financing to qualified Buyer.

Office Space and Mini Offices for Lease and Sub-Lease




Three Medical Clinics Available for Sub-Let
Medical clinics fully fit up and ready to go. 1800 Bank Street (second floor), Hillside Plaza on Montreal Road (ground
floor retail plaza) and Merivale Mall (ground floor). Save thousands on your fit up and months of construction. Favorable
lease rates.




Exploriem.org Enterprise Centre/Incubator at Lincoln Fields, 2525 Carling Avenue, Suite 23, Ottawa
Mini Offices, workstations, meeting rooms, mailboxes, early stage funding, mentoring and much more. From $575
monthly plus facilities charge. Workstations available for just $225 monthly. www.MiniOffice.org.

Retail Space for Lease or For Sale




Two retail bays for lease, Wendover ON
Corner of Highway 174 (the Trans Canada Highway) and Avenue du Quai (the main entrance to Wendover). Over 10,000
vehicles per day. Just 25 minutes east of Ottawa. Ideal for restaurant use. Close to marina, Nation Golf Club and Papanack
Zoo. Join Caisse Populaire and Mart Smart. Competitive lease rates.




Lincoln Fields Mall
Join retail and office clients in a high traffic location at the confluence of Carling Avenue and Richmond Road. Food
court and other services accessible in this indoor Mall. Locate your business, retail shop, professional practice, office
requirement here. Co-locate with Wal-Mart, Metro, Moore's, Buster's, Exploriem.org Enterprise Centre, Pharma Plus,
                                      Dr. Bruce M. Firestone, B. Eng. (Civil), M. Eng.-Sci., PhD.
                                                Real Estate Broker and Mortgage Broker
                                           Partners Advantage GMAC Real Estate, Brokerage
                                                     Lincoln Fields Shopping Centre
                                          2525 Carling Avenue, Unit 23, Ottawa ON K2B 7Z2
                          Tel.: 613.422.6757 x 250 Bruce x 255 Matthew Cell: 613.794.5560 Fax: 613.422.2877
                                                  Blog: http://www.eqjournalblog.com/
                                                   Twitter: http://twitter.com/ProfBruce
                               Email: bfirestone@partnersadvantage.ca or mfirestone@partnersadvantage.ca
                                Internet: www.OttawaRealestatenews.com and www.PartnersAdvantage.ca
                                       Commercial and Residential Real Estate
                            “Trusted Advisor, Skilled Negotiator, and Expert Facilitator”®
Partners Advantage GMAC Real Estate, Subway, Dundee Private Investors plus doctors, opticians and others. Transitway
Station. Extensive parking. Spaces of 100, 250, 750, 1,800 sq. ft. and up available. For lease from $15 per s.f. triple net.




New Style Retail Concept
Rent space in new plaza on Highway 174 in Wendover. Just $150 to $450 monthly gross all-in. Sell goods and services on
consignment.

Warehouse/Industrial/Storage and Showroom Space/Condos for Lease or For Sale




100 Industrial Drive, Carleton Place
Two industrial bays and one office/industrial bay for lease in the heart of Carleton Place's industrial park. Each industrial
bay is 2,400 sq. ft. (approx.) with two overhead (16 foot) doors each. Lease for $1,475 per month plus operating costs and
utilities. One bay has its own crane rail for heavy lifting. Office comes with its own 500 sq. ft. warehouse with 8 foot
overhead door. Lease for $1,575 per month plus operating costs and utilities.




Blue Heron Storage, Carling Avenue, Kanata
Storage (7‟ x 16‟ x 8‟ high) for $220 monthly plus HST/HST in Kanata on Carling Avenue close to Royal Bank, Tim
Hortons, Local Heroes, Coras, Beaverbrook, Kanata Lakes and Morgan's Grant. Parking for $45 monthly plus GST/HST.
www.BlueHeronStorage.com




Cosmic Mini Storage, 4021 Barnsdale Road, Ottawa ON
Storage space available. Short term or long term. Close to Manotick and Highway 416. Owner lives on site. 5' x 10' for


                                      Dr. Bruce M. Firestone, B. Eng. (Civil), M. Eng.-Sci., PhD.
                                                Real Estate Broker and Mortgage Broker
                                           Partners Advantage GMAC Real Estate, Brokerage
                                                     Lincoln Fields Shopping Centre
                                          2525 Carling Avenue, Unit 23, Ottawa ON K2B 7Z2
                          Tel.: 613.422.6757 x 250 Bruce x 255 Matthew Cell: 613.794.5560 Fax: 613.422.2877
                                                  Blog: http://www.eqjournalblog.com/
                                                   Twitter: http://twitter.com/ProfBruce
                               Email: bfirestone@partnersadvantage.ca or mfirestone@partnersadvantage.ca
                                Internet: www.OttawaRealestatenews.com and www.PartnersAdvantage.ca
                                      Commercial and Residential Real Estate
                           “Trusted Advisor, Skilled Negotiator, and Expert Facilitator”®
$75. 10' x 10' for $140. 10' x 20' for $200 and 10' x 40' for $390. Get a FREE organic garden plot with every lease, exactly
matching your storage area! www.CosmicStorage.com



100 Industrial Avenue, Carleton Place ON
Storage space available. Short term or long term. In the heart of Carleton Place. Close to Highway 7. 10' x 10' for $99. 10'
x 22' for $175. Parking $50 monthly + GST/HST.www.CarletonPlaceMiniStorage.com

Land and Lots for Sale




Development Land in Town Centre
37 acres (approx.) inside the Town Centre and the Official Plan Boundary. On Greenbank Road. Overlooks the Jock
River, close to the planned new bridge and Mattamy Homes' Half Moon Bay sub-division. Secondary plan already done:
waiting to be developed for medium density housing. Potential for commercial development as well. $347,000 per acre.




12023 Dawley Drive, Winchester
Commercial land for sale just off Highway 31 (Bank Street) 20 minutes south of Ottawa. Approximately 2 acres. Close to
Tim Hortons, Pet Value, Super Food Store. Piped sewer and water available. Access from both Dawley Drive and Main
Street/Highway 43. Leased until Dec. 2010. $229,500.




Commercial site with Highway frontage in Arnprior
On new major interchange under construction suitable for big box development, 3 acres and up from $375,000 ($125,000
per acre) including full services at the lot line.




                                      Dr. Bruce M. Firestone, B. Eng. (Civil), M. Eng.-Sci., PhD.
                                                Real Estate Broker and Mortgage Broker
                                           Partners Advantage GMAC Real Estate, Brokerage
                                                     Lincoln Fields Shopping Centre
                                          2525 Carling Avenue, Unit 23, Ottawa ON K2B 7Z2
                          Tel.: 613.422.6757 x 250 Bruce x 255 Matthew Cell: 613.794.5560 Fax: 613.422.2877
                                                  Blog: http://www.eqjournalblog.com/
                                                   Twitter: http://twitter.com/ProfBruce
                               Email: bfirestone@partnersadvantage.ca or mfirestone@partnersadvantage.ca
                                Internet: www.OttawaRealestatenews.com and www.PartnersAdvantage.ca
                                      Commercial and Residential Real Estate
                           “Trusted Advisor, Skilled Negotiator, and Expert Facilitator”®
Residential Development Land in Arnprior
Great opportunity to buy fully serviced land less than 20 minutes from Kanata and Ottawa. 49 acres available. Yield is
around 247 units (low and MD/HD) for a raw land cost of around $6,450 per door or $1,592,500.00 ($32,500 per acre).




Commercial Land for Sale in Orleans-Cumberland
One acre commercial land on Tenth Line Road next to rapidly developing Avalon community. Ideal for commercial uses,
new retail plaza or medium density residential development. $1,095,000.




Ravenview Estates: 2-acre Lots for Sale in Kanata
Serene and beautiful two acre building lots in this 21-Lot subdivision in Kanata North. Excellent location near the heart of
Ottawa's Tech community, including Mitel, Cisco, Alcatel-Lucent, march Networks and many others in the Kanata North
Business Park. Close to shopping, recreation, Scotiabank Place and more. Nearby neighborhoods include Black Horse
Run, Vances Farm, Briarbrook, Morgan's Grant, Kanata Lakes, Beaverbrook etc. $125,000 per lot and up.




Kennedy Meadows, Kanata North
8 acres with pond, close to services and just seven minutes from Alcatel-Lucent*. Suitable for new and used car sales,
rural retirement residence, bed and breakfast, law office, professional office. Next to Blue Moon Storage plus to be
constructed self car wash and vet clinic. $199,000 or land lease for $2,000 per month.




Land with Commercial Potential: Highway 416 Frontage
14 acres of land with on-site residence. Next to Car Canada, Dan Murphy Ford and RV Dealership. Frontage on Highway
416. Access on Highway 16. Minutes from Manotick and Barrhaven. $1,800,000.



                                      Dr. Bruce M. Firestone, B. Eng. (Civil), M. Eng.-Sci., PhD.
                                                Real Estate Broker and Mortgage Broker
                                           Partners Advantage GMAC Real Estate, Brokerage
                                                     Lincoln Fields Shopping Centre
                                          2525 Carling Avenue, Unit 23, Ottawa ON K2B 7Z2
                          Tel.: 613.422.6757 x 250 Bruce x 255 Matthew Cell: 613.794.5560 Fax: 613.422.2877
                                                  Blog: http://www.eqjournalblog.com/
                                                   Twitter: http://twitter.com/ProfBruce
                               Email: bfirestone@partnersadvantage.ca or mfirestone@partnersadvantage.ca
                                Internet: www.OttawaRealestatenews.com and www.PartnersAdvantage.ca
                                      Commercial and Residential Real Estate
                           “Trusted Advisor, Skilled Negotiator, and Expert Facilitator”®




Highway 7 and the Queensway, Full Interchange
Gateway site at the intersection of Highway 7 and the Queensway (Highway 417). New interchange. Access from David
Manchester and Hazeldean Road as well as Highway 7. Close to Stittsville, Kanata, Nepean and Ottawa as well as
Scotiabank Place, Home of the Ottawa Senators. General rural. Potential for commercial/industrial/showroom uses. 24
acres for sale. $390,000.00 ($16,250 per acre approx.)

Carling Avenue, Kanata
Commercial Site, 15,000 sq. ft. Suitable for commercial, residential, office, storage and more. Close to Local Heroes,
Cora's, Barley Mow, Loeb, Royal Bank and other services. Also near Mitel, Alcatel-Lucent, March Networks, Cisco, etc.
100 feet frontage on carling Avenue and 150 feet deep. $329,900 or land lease for $2,500 per month.




Constance Lake
Ideal for high end, executive home. Heavily treed lot with access to Constance Lake. Over 300 feet of waterfront. 10 acre
lot. $299,900.

Sale/Leaseback Opportunities




Investment opportunity-6610 Fourth Line Road, North Gower, Ottawa ON
Includes one, 3-bedroom home, two, 2-bedroom apartments, one 1,800 sq. ft. ground floor commercial space, one 3-4
vehicle garage (partly heated), one 1,200 sq. ft. shed and a large surface parking lot. Strong potential. $525,000.00
(Decent Cap Rate).

Businesses For Sale




                                     Dr. Bruce M. Firestone, B. Eng. (Civil), M. Eng.-Sci., PhD.
                                               Real Estate Broker and Mortgage Broker
                                          Partners Advantage GMAC Real Estate, Brokerage
                                                    Lincoln Fields Shopping Centre
                                         2525 Carling Avenue, Unit 23, Ottawa ON K2B 7Z2
                         Tel.: 613.422.6757 x 250 Bruce x 255 Matthew Cell: 613.794.5560 Fax: 613.422.2877
                                                 Blog: http://www.eqjournalblog.com/
                                                  Twitter: http://twitter.com/ProfBruce
                              Email: bfirestone@partnersadvantage.ca or mfirestone@partnersadvantage.ca
                               Internet: www.OttawaRealestatenews.com and www.PartnersAdvantage.ca
                                       Commercial and Residential Real Estate
                            “Trusted Advisor, Skilled Negotiator, and Expert Facilitator”®




4-Bay Garage: Franchise, Land and Building for sale in Orleans/Cumberland
In business since 1988, this successful tire and garage business is for sale. Land area is 1.29 acres and includes .5 acre for
expansion plan. Zoned industrial. Low property taxes. Big box stores nearby. Top end tires. Building in sound shape with
tools, equipment, hoists plus excellent office and work spaces. Car sales are also permitted under existing zoning.
$,1620,000.00. Seller will provide some financing to qualified Buyer.

Multi Res and Investment Property




Investment opportunity-6610 Fourth Line Road, North Gower, Ottawa ON
Includes one, 3-bedroom home, two, 2-bedroom apartments, one 1,800 sq. ft. ground floor commercial space, one 3-4
vehicle garage (partly heated), one 1,200 sq. ft. shed and a large surface parking lot. Strong potential. $525,000.00
(Decent Cap Rate).




114 Grasshopper Lane, Dunrobin
Great four bedroom home featuring 3 and ½ bathrooms. Finished lower level with a wet bar. Flexible floor plan allows for
the option of a rental unit to help pay the mortgage! Lovely finishings with four spacious bedrooms. Large back yard in
quiet family neighbourhood. Close to schools, churches, golf, swimming and more. $329,000

Cottage Property




Beach Memberships in Kanata North/Dunrobin
Get ready for summer! We have a limited number of Beach Memberships available for Windward Island and Dunrobin
Lake. Just 7 minutes from Alcatel-Lucent.
Swimming, canoeing, kayaking, windsurfing, fishing (large mouth bass: catch and release). Memberships: $100 per
person or $150 per family of four per annum. (Hours: 10 am to 6 pm)
                                      Dr. Bruce M. Firestone, B. Eng. (Civil), M. Eng.-Sci., PhD.
                                                Real Estate Broker and Mortgage Broker
                                           Partners Advantage GMAC Real Estate, Brokerage
                                                     Lincoln Fields Shopping Centre
                                          2525 Carling Avenue, Unit 23, Ottawa ON K2B 7Z2
                          Tel.: 613.422.6757 x 250 Bruce x 255 Matthew Cell: 613.794.5560 Fax: 613.422.2877
                                                  Blog: http://www.eqjournalblog.com/
                                                   Twitter: http://twitter.com/ProfBruce
                               Email: bfirestone@partnersadvantage.ca or mfirestone@partnersadvantage.ca
                                Internet: www.OttawaRealestatenews.com and www.PartnersAdvantage.ca
                                       Commercial and Residential Real Estate
                            “Trusted Advisor, Skilled Negotiator, and Expert Facilitator”®




Dunrobin Lake
Cute cabin with access to beautiful lake. Sleeps four. Seven minutes from Alcatel. $69,900 OR PURCHASE A 1/4
SHARE FOR $25,000*.

Residential Rentals




Dunrobin Village Single Family Home for Rent
4-bedroom home with 3 and 1/2 baths available immediately. Two car garage. Lovely finishes. Separate access to lower
level. Large yard. Air conditioned. Water softener. Close to shops, public schools, recreational facilities, Eagle Creek Golf
Course, Ottawa River and more. Huge yard. Just seven minutes from Alcatel-Lucent. $1,775 monthly plus utilities. INFO
PACKAGE (RENTED)

Residential Sales




Lot 62, Stonewater Bay Drive, CARLETON PLACE
New home for sale. Beautiful open concept, 3-bedroom, 2-bath bungalow. Riverside location with walking
paths. Large 50' by 107' lot. $399,000 [Photo shown is for comparable bungalow.]




Ravenview Estates by Doyle Homes
Fabulous new homes available in Kanata on 2 acre lots. Bungalow and two-storey homes minutes from 1,800 sq. ft. to
3,400 sq. ft. and up. Priced from $499,900 including lot and GST*, Doyle Homes delivers superb value. (* For homes
completed before June 30th, 2010.)
                                      Dr. Bruce M. Firestone, B. Eng. (Civil), M. Eng.-Sci., PhD.
                                                Real Estate Broker and Mortgage Broker
                                           Partners Advantage GMAC Real Estate, Brokerage
                                                     Lincoln Fields Shopping Centre
                                          2525 Carling Avenue, Unit 23, Ottawa ON K2B 7Z2
                          Tel.: 613.422.6757 x 250 Bruce x 255 Matthew Cell: 613.794.5560 Fax: 613.422.2877
                                                  Blog: http://www.eqjournalblog.com/
                                                   Twitter: http://twitter.com/ProfBruce
                               Email: bfirestone@partnersadvantage.ca or mfirestone@partnersadvantage.ca
                                Internet: www.OttawaRealestatenews.com and www.PartnersAdvantage.ca
                                     Commercial and Residential Real Estate
                          “Trusted Advisor, Skilled Negotiator, and Expert Facilitator”®




114 Grasshopper Lane, Dunrobin
Great four bedroom home featuring 3 and ½ bathrooms. Finished lower level with a wet bar. Flexible floor plan allows for
the option of a rental unit to help pay the mortgage! Lovely finishings with four spacious bedrooms. Large back yard in
quiet family neighbourhood. Close to schools, churches, golf, swimming and more. $329,000

For more information, please contact:

                                    Dr. Bruce M. Firestone, B. Eng. (Civil), M. Eng.-Sci., PhD.
                                               Real Estate Broker and Mortgage Broker
                                         Partners Advantage GMAC Real Estate, Brokerage
                                                    Lincoln Fields Shopping Centre
                                        2525 Carling Avenue, Suite 23, Ottawa ON K2B 7Z2
                                        Tel.: 613.422.6757 x 250 Bruce x 255 Fax: 613.422.2877
                             Email: bfirestone@partnersadvantage.ca or mfirestone@partnersadvantage.ca
                              Internet: www.OttawaRealestatenews.com and www.PartnersAdvantage.ca




                                     Dr. Bruce M. Firestone, B. Eng. (Civil), M. Eng.-Sci., PhD.
                                               Real Estate Broker and Mortgage Broker
                                          Partners Advantage GMAC Real Estate, Brokerage
                                                    Lincoln Fields Shopping Centre
                                         2525 Carling Avenue, Unit 23, Ottawa ON K2B 7Z2
                         Tel.: 613.422.6757 x 250 Bruce x 255 Matthew Cell: 613.794.5560 Fax: 613.422.2877
                                                 Blog: http://www.eqjournalblog.com/
                                                  Twitter: http://twitter.com/ProfBruce
                              Email: bfirestone@partnersadvantage.ca or mfirestone@partnersadvantage.ca
                               Internet: www.OttawaRealestatenews.com and www.PartnersAdvantage.ca

				
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