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210608 Development AGDThe Corporation of the Town of Tillsonburg Economic Development Advisory Committee Meeting June 8, 2021 7:30 a.m. Electronic Meeting AGENDA 1.Call to Order 2.Introduction of Executive Assistant, Lisa Jibson 3.Adoption of Agenda Proposed Resolution #1 Moved by: Seconded by: THAT the Agenda as prepared for the Economic Development Advisory Committee meeting of June 8, 2021, be adopted. 4.Adoption of Previous Minutes Propos ed Resolution #2 Moved by: Seconded by: THAT the Minutes as prepared for the Economic Development Advisory C ommittee meeting of May 11, 2021, be adopted. 5.Disclosures of Pecuniary Interest and the General Nature Thereof 6.Presentations 7.General Business & Reports 6.1 Monthly Projects Update 6.2 VanNorman Innovation Park- Street Naming 6.3 Economic Development Strategy Update- Streamlining & Next Steps 6.4 Gas Station on Oxford Street (bridge by Tillson Ave )- Councillor Gilvesy 6.5 Circulation: Application for Official Plan Amendment & Zone Change - File # OP 21-04-7 & ZN 21-04 (circulated May 27 by email) 6.5 Tillsonbur g Hydro Inc. 6.6 Town Hall Task Force 6.7 Physician Recruitment & Retention Committee 6.8 Community Strategic Plan 8.Community Organization Updates 7.1 Downtown Business Improvement Association 7.1.1 Monthly Report 7.2 Tillsonburg District Chamber of Commerce 7.3 Tillsonburg District Real Estate Board 7.3.1 Listings & Statistics 9.Round Table 10. Next Meeting July 13, 2021 7:30 a.m. 11. Adjournment Proposed Resolution #3 Moved by: Seconded by: THAT the June 8, 2021 Economic Development Advisory Committee meeting be adjourned at _____ a.m. The Corporation of the Town of Tillsonburg Economic Development Advisory Committee May 11, 2021 7:30 a.m. Electronic Meeting MINUTES Present: Andrew Burns, Cedric Tomico, Collette Takacs, Councillor Deb Gilvesy, Jeff VanRybroeck, Jesse Goossens, Lindsay Morgan-Jacko, Mayor Stephen Molnar, Lisa Gilvesy, Suzanne Renken, Steve Spanjers (joined at 8:33 a.m.) Regrets: Kirby Heckford, Randy Thornton Staff: Kyle Pratt, CAO; Cephas Panschow, Development Commissioner; Laura Pickersgill, Executive Assistant 1. Call to Order The meeting was called to order at 7:33 a.m. 2. Adoption of Agenda Resolution #1 Moved by: Lisa Gilvesy Seconded by: Cedric Tomico THAT the Agenda as prepared for the Economic Development Advisory Committee meeting of May 11, 2021, be adopted. Carried 3. Adoption of Previous Minutes Resolution #2 Moved by: Lindsay Morgan-Jacko Seconded by: Councillor Deb Gilvesy THAT the Minutes as prepared for the Economic Development Advisory Committee meeting of April 13, 2021, be adopted. Carried 4. Disclosures of Pecuniary Interest and the General Nature Thereof There were no disclosures of pecuniary interest declared. 5. Presentations 6. General Business & Reports 6.1 Tillsonburg District Chamber of Commerce Awards Resolution#3 Moved by: Lisa Gilvesy Seconded by: Mayor Stephen Molnar THAT the Economic Development Advisory Committee move into Closed Session to consider: -a trade secret or scientific, technical, commercial, financial or labour relations information, supplied in confidence to the municipality or local board, which, if disclosed, could reasonably be expected to prejudice significantly the competitive position or interfere significantly with the contractual or other negotiations of a person, group of persons, or organization (Chamber of Comm erce Event Selection). Carried Resolution #4 Moved by: Andrew Burns Seconded by: Suzanne Renken THAT Company C be selected as the recipient of the New Industrial Investment Award based on total investment amount and new or future jobs created in Tillsonburg. Carried Resolution #5 Moved by: Cedric Tomico Seconded by: Lisa Gilvesy THAT Company E be selected as the recipient of the New Commercial Investment Award based on total investment amount and new jobs created in Tillsonburg. Carried 6.2 Appointment of Committee Members Resolution #6 Moved by: Councillor Deb Gilvesy Seconded by: Lisa Gilvesy THAT the Economic Development Committee recommends to Council the appointment of the following Committee members to form part of the Affordable Housing Subcommittee: Collette Takacs, Suzanne Renken and Cedric Tomico. Carried Resolution #7 Moved by: Councillor Deb Gilvesy Seconded by: Lindsay Morgan-Jacko THAT the Economic Development Committee recommends to Council the appointment of the following Committee members to Council to form part of the Boundary Adjustment Subcommittee: Andrew Burns, Cedric Tomico and Jesse Goossens. Carried 6.3 Monthly Projects Update Cephas provided an overview of the monthly projects update. 6.4 Economic Development Strategy Action Plan & Survey Results Cephas provided a summary of the Economic Development Strategy Action Plan Survey Results. Lindsay Morgan-Jacko left the meeting at 8:53 a.m. It was suggested that this topic be moved to another Committee meeting to discuss these topics in detail. Jesse and Cephas will discuss this topic offline to determine the next steps. 6.4 Tillsonburg Hydro Inc. No new updates. 6.5 Town Hall Task Force Cephas has been working with consultants on updating the existing space needs study and valuations of existing Town properties. An employee space needs survey was conducted and has been incorporated into the updated scope of work for the space needs study consultant. 6.6 Physician Recruitment & Retention Committee The Ingersoll Physician Recruitment and Retention Committee attended the Town’s last Physician Recruitment and Retention Committee. The Committees discussed opportunities to work together. It was brought forward that the Town does not have an inventory of physicians (existing and required in the near future). It was discussed at the last meeting that the Oxford County Physician Recruitment does not have a Tillsonburg Town staff liaison on their committee and that this needs to be addressed. 6.7 Community Strategic Plan The consultant has collated the results from the public consultation processes and has presented the findings to Council. The next step is for the consultant to develop and present the key performance measure framework. 7. Community Organization Updates 7.1 Downtown Business Improvement Association There were no further comments or questions regarding the BIA report provided. 7.2 Tillsonburg District Chamber of Commerce Nominations for the other Awards of Excellence are encouraged by the Chamber. 7.2.1 Rapid Antigen Screening Kits The Chamber Board is meeting tomorrow to officially discuss this topic but it was noted that Chambers are now permitted to distribute rapid antigen screening kits to businesses in their com munities to those who wish to participate. These can be used as a non-invasive procedure to test employees for the COVID -19 virus. 7.3 Tillsonburg District Real Estate Board There were no further comments regarding the real estate listings and statistics . 8. Round Table 9. Next Meeting Tuesday, June 8, 2021 at 7:30 a.m. 10. Adjournment Resolution #8 Moved by: Andrew Burns Seconded by: Steve Spanjers THAT the May 11, 2021 Economic Development Advisory Committee Special meeting be adjourned at 9:16 a.m. Carried Monthly Project Update – (June 2021) Prepared for the Economic Development Advisory Committee Project Name/Reference Status Downtown Business Development (On-hold) Staff preparing a marketing profile based on data from the retail study to support retail recruitment efforts. Economic Development Strategy Update Prioritization of action items underway. Chair and staff met to discuss plan for moving forward including streamlining of 31 action items. To be brought forward. Future Industrial Growth Council approved resolution regarding listing the VIP lands. Next steps prepare RFP and release. High Tech Manufacturing Sub- cluster Action Plan Implementation plan and model being updated. 2021 kick-off event deferred to September 2021 due to ongoing shutdown. Preparation work, including webpage, launch video, etc, will continue. Hydro Subcommittee Hydro Subcommittee to bring forward recommendation at May meeting. Pandemic Recovery Provide business support information as available. Working group has met on May 3, 17 and 31. Currently considering potential local re- opening support program. Post -Secondary Education Enhancements Working on supporting increased engagement between high school and local businesses through enhancements to Career Studies courses. Recruited four guest speakers for fourth quadmester courses. Town Hall Project Appraisals for various town properties underway . Three quotes for updated Space Needs Study received and being reviewed. Van Norman Innovation Park Servicing contract awarded to Froese Excavating on April 26, Construction started on M ay 17. Contractor starting on drainage and SWM Pond work and then Clearview Dr servicing. Completion anticipated by September. Wayfinding Signage Update Comments from Public works, Engineering being incorporated into plan. Request for Quotations have been received and are being reviewed. THE CORPORATION OF THE TOWN OF TBLLSONBURG BY-LAW NO. 3553 A BY-LAW to adopt the Town of Tillsonburg Road Naming Policy and to repeal the former Road Naming By-Law 2786. WHEREAS the Council for the Town of Tillsonburg identifies that the naming of roads and subdivisions for the municipality should be determined in a manner that incorporates local history, culture and environmental features. AND WHEREAS THE Council of the Corporation of the Town of Tillsonburg deems it expedient and necessary to repeal By-Law 2786. WHEREAS the Council of the Corporation of the Town of Tillsonburg is desirous of adopting a Road Naming Policy. THEREFORE the Council of the Town of Tillsonburg enacts as follows: 1. THAT the Town of Tillsonburg Road Naming Policy attached hereto as "Schedule A" is hereby adopted and forms part of this by-law. 2. AND THAT this by-law comes into force and effect upon passing. Read a First and Second Time this 14th day of November, 2011. Read a Third and Final Time and passed this 28* day of November, 2011. Clerk — Donna Wilson Schedule 6A' to By-Law 3553 Town of Tillsonburg Road Naming Policy Contents 1. Policy Statement 2. Purpose 3. Scope 4. Policies 5. Guideline 6. Road Naming 7. General 8. Authority 1. Policy Statement The Council for the Town of Tillsonburg identifies that the naming of roads and subdivisions for the municipality should be determined in a manner that incorporates local history, culture and environmental features. 2. Purpose The purpose of the Road Naming Policy is to establish procedures for naming roads and subdivisions within the Town of Tillsonburg. 3. Scope This policy applies to developers and staff with respect to name of roads and subdivisions within the Town of Tillsonburg. 4. Policies a) That the municipality reserves the right to rename any street, in the interest of public safety. b) The owner/developer shall give consideration to names of locally important families, war veterans, local heroes or historical places or events of significance. c) That the names of living persons or companies used for the purpose of advertising shall not be permitted, unless by exception approved by Council. d) That in the case that an owner/developer/applicant, after all other considerations, requires a street be named after his/herself or in the essence or derivative of a corporate name; it should be known that any street for these purposes cannot intersect another property owner's lands or have frontage on municipally owned property. e) That there shall be no use of awkward, corrupt, discriminatory or derogatory names, in regard to race, sex, colour, creed, political affiliation, or other social factors. f) That the Street Naming Policies shall apply to both public and private roadways, condominium roadways, where names are deemed necessary by Director of Development and Communication Services or designate. g) That the municipality shall not be responsible or liable for any costs of the owner associated with street name changes. 5. Guidelines New street names shall follow the below: a) That there shall be no re-use of former/discontinued street names. b) New names must not be identical or similar sounding to any existing street name within the municipality. c) Names suggested must not have more than two words with use of no Special Characters, such as hyphens, apostrophes, or dashes. d) Street extensions should continue with existing street names. d) No new streets shall be begin with the use of'Old" and "New" as a base name. e) No use of abbreviations, suffixes, numbers or a single letter of the alphabet as a base name in the naming of streets. f) No use of names with numbers or words difficult to pronounce and spell. g) Substantiation is required, (Historical/Personal significance) if there is any. (i.e. person's last name) g) Suggested street names are kept on a list for future use, if needed. These names are to be pre-approved by the municipality. h) All pre-approved, held and reserved street names that were specifically submitted by the former municipalities should be used exclusively within that municipality. Street Name Type Designations The owner/developer/applicant shall have regard to the roadway function, length, and configuration to determine the street type designation. ;j^i;illiiii^^i. 2. 3. 4. 5. Street Road Avenue Crescent Circle A paved thoroughfare with or without sidewalks and buildings along one or both sides A way made for traveling between places, horseback, etc., or a highway Principle road, wide, often lined both sides with right angles between streets by automobile, trees, running at Curved, like a crescent moon Curved line where all points are equal from (access often by 'gate') the centre point 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. 18. 19. Way Boulevard Square Court Lane Drive Terrace Parkway Place Gate Heights Loop Quay Key Specific direction, (i.e. one-way) Broad roadway, often lined with grass and gardens (sometimes with grass and gardens in middle) An area bounded on all four sides by buildings A short: street, often closed at one end A narrow road or street, often single lane of traffic No specific definition, but generally accepted as a roadway 'driven' through a difficult area Usually used to name the street in front of row houses called terraces which are A board roadway, bordered or divided with plantings of trees, shrubs and grass A square or court in a city, a short usually narrow street A road or path, or entrance road At a level above the others Road with a sharp curve that almost comes back to itself Pronounced key, a wharf, but also the road that joins a wharves together number of A place located to give access to or control of an area. Note: If the new street is an extension of an existing street which cannot be renumbered, then the use of the following qualifying words are permitted: North, South, East, West, Upper, or Lower The Director of Development and Communication Services or designate, will be the Road Naming Manager. This role will be the designated contact between developers, other municipalities arid those requesting information regarding road naming. The Road Naming Manager will review all proposed street names to ensure that the proposed road name meets the road naming criteria, the 9-1-1 criteria and other tasks as required. The review of all proposed names for roads and subdivisions will be presented to the Council of the Town of Tillsonburg. 6. Road Naming Whenever possible, the name of streets in the Town will be determined by reference to: a. the names of local service persons who made the ultimate sacrifice, b. the surnames of local pioneer families in the immediate vicinity of the proposed development or existing road, c. the names of prominent former residents who contributed through community involvement/athletic/business acumen, d. any prominent geographic or other natural feature which makes a site unique or identifiable; or e. a historic name which once identified the location. Developers are responsible for conducting the research necessary to establish an appropriate name for proposed roads and subdivisions. Street names suggested by the developer shall be circulated to the Road Naming Manager for review. If needed, the Public Works and Fire and Emergency Services departments may also provide comments. The duplication of names that are used in adjacent municipalities shall be avoided. Consideration should be given to correct use of terminology as per Schedule B - Road Classifications. Only one name is to be used for street naming throughout the whole Town. Where a similar name exists, a prefix or suffix may be used. Subdivisions Existing Subdivisions Any existing plan of subdivision may be named, renamed and/or signed by the property owner(s) subject to the following criteria: 1. The proposed name of the development shall not conflict with the name of any existing plan of subdivision within the Town of Tillsonburg. 2. The proposed name of the development shall include the word "subdivision" and should contain at least one of the following: • name of the associated settlement area; • name of historical significance to the area; • name of a prominent topographical feature on or associated with the property; • name of prominent person or property owner associated with the property; or • name relating to the local flora or fauna. 3. Any and all signage displaying the name of the development shall be erected on private property at the expense of the property owner(s) and shall be subject to all necessary permits and/or approvals. 4. The nature, location and type; of any proposed signage shall be reviewed by the Road Naming Manager, and shall be subject to any provisions in the Zoning By-law and/or the Sign By-law. 5. It is the responsibility of the property owner(s) to provide, and pay for, any future maintenance for any such signage. New Subdivisions New plans of subdivision shall have a name proposed by the developer and all signing shall be erected by the developer, subject to the follow criteria: 1. The proposed name of the development shall not conflict with the name of any existing plan of subdivision within the Town of Tillsonburg. 2. The proposed name of the development shall include the word "subdivision" and should contain at least one of the following: • name of the associated settlement area; • name of historical significance to the area; • name of a prominent topographical feature on or associated with the property; • name of prominent person or property owner associated with the property; • name relating to the local flora or fauna; or • name of the developer. 3. Any and all signage displaying the name of the development shall be erected on private property at the expense of the property owner(s) and shall be subject to all necessary permits and/or approvals. 4. The nature, location and type of any proposed signage shall be reviewed by the Road Naming Manager, and shall be subject to any provisions in the Zoning By-law and/or the Sign By-law. 5. It is the responsibility of the property owner(s) to provide, and pay for, any future maintenance for any such signage. 7. General This policy shall be administered by the Development and Communication Services Department. This policy shall be referred to as the "Road Naming Policy". This policy comes into force and effect on the date adopted. 8. Authority The authority for the Road Naming Policy shall be by the approval of the Council of the Town of Tillsonburg, Page 1 of 6 Report from BIA Chair – ED06-01 To: Economic Development Advisory Committee From: Cedric Tomico – DTBIA Chair Date: June 2nd, 2021 Subject: DTBIA business update ________________________________________________________________________________ The following status report is provided to the ECDEV Advisory Committee: Financial/budget: - 2021 financial results are continuing the trend of being well-managed with expenses below budget and revenues currently tracking slightly below budget. The DTBIA will not achieve it’s full-year revenue target due to the difficult environment that continues with the generation of ancillary revenues from sponsorships, etc. - The business plans will continue to be executed with modifications given the uncertainty of the current lockdown timing. The DTBIA team will continue to aggressively manage the finances given these challenging times. Where possible, some expenditures will be deferred indefinitely pending clarity of any potential re-opening announcement(s). - The DTBIA team continues to economize by/for the implementation of best-practices and cost containment measures. This will continue throughout the remainder of Q2 and for the balance-of-year. - The DTBIA was successful in one grant application for the IheART public art program. - The FEDDEV grant application has not yet been adjudicated. - The MSC has funded 3 students: each of 90 hours of fully subsidized labour costs – to date. I have requested 2 other student placements for the summer season. - There was another back-dated tax adjustment for the DTBIA which was received in May dating back to CVA adjustments for the Canadian Tire building at 248 Broadway. Each of these adjustments dates back as follows: Page 2 of 6 - - $11,265.87 total tax adjustment ($5,680.24 – 2017 & $5,585.63 – 2018) - The DTBIA will absorb $27,000 in tax adjustments for fiscal year 2021 which is nearly 10% of the budget. These were without any prior notice and several years after the fact. The impact of these on top of the pandemic impacts is catastrophic in terms of the BIA fulfilling its mandate for the remainder of the year given there are only 6 full months left. The ED will be providing a detailed report to the Board at the June board meeting outlining a series of actionable steps to resolve for these adjustments as the Municipal Act outlines that any deficit must be resolved for in the current calendar year. - There is an obvious need for the Ontario Municipal Act to be reformed so that BIA’s can be effective in their mandates without all of these multi-year tax adjustments always coming back to have very serious and negative consequences for both short and long- term planning. Any organization cannot be managed effectively with these levels of uncertainty. The other important consideration here is that these same building and properties have had ongoing CVA reductions for decades. Where is the bottom? From an objective standpoint; there is something seriously wrong with this picture. Operations & Beautification: - The team continues daily cleaning, 7 days a week, with daily patrols. All refuse is picked up daily as are dumped items in back alleys and in other areas of the central core area. The incidence of dumped garbage has stabilized since April’s report. - The spring clean-up is now complete throughout the DTBIA zone. The downtown is impeccably clean and is being maintained at a pristine level. There are several dead trees which have been report to the Town of Tillsonburg for removal. These are primarily located east of the Tillsonburg Town Centre Mall building. - The on-street floral installation has been delayed due to supply chain issues and abnormally cool weather. The revised on-street target date is Monday, June 7th. Thank you to our partner and BIA affiliate member Tillsonburg Garden Gate for their leadership and support to ensure we have a beautiful downtown. - There was a 2-car accident at the corner of Broadway and Ridout St. W. that resulted in damage to one tree, grate, conduit and tree guard. The tree-top has been removed. The stump will be removed pending the disconnection of the in-ground power supply at that location. The tree will be replaced with a mobile pot and new tree so as to not impede the signage at the Credit Union. Page 3 of 6 - Special thanks to Linda and Brian Smith of Korner Perk for the storage of all tables and chairs as well as umbrellas. MUCH APPRECIATED! - The online incident reporting tool has been activated and continues to see some use. We have had 4 submissions thus far since going live. - The DTBIA team continues to receive daily and multiple positive feedback about the care and condition of the downtown core area. We wish to thank the membership for their assistance in keeping the downtown core in excellent physical condition. Membership: - The BIA continues to track and assess the vacancy rates in the downtown BIA zone. Vacancy rates continue to be low. This report will highlight any changes. - Items of note: a. Lagoo Cannabis is nearing completion at 71 Broadway, immediately north of the Beer and Wine Studio. b. The former radio station building has been emptied and is being sold. c. The Canadian Mental Health Association has moved into the space formerly occupied by the Tillsonburg News at 47 Broadway. d. Tillsonburg News employees no longer have a physical office space and are all working from home. e. Cardinal Muffler on Oxford Street has closed as of May 25th. The building has been sold and we have received anecdotal information that a car dealership of some dimension is being located there. f. Tillsonburg Chiropractic is fully operational and open on Brock Street East. Town Centre Mall update: g. QBUD Cannabis retail outlet: construction still in progress with an opening date TBD – mall management believes it will be in August. h. Most mall retail stores are currently closed. i. Installation is complete for the 2 sets of automatic sliding doors as discussed in last month’s report. j. There is no “new” news about leases in the mall. Page 4 of 6 There continues to be ongoing and active interest for businesses looking to locate in the downtown core area. The ED is following up with all active enquiries. The interest continues to remain very robust in spite of the economic backdrop. - The FIP progress has been muted due to supply chain issues facing the contractors. In almost all cases; the shortage of building materials and contractor availability has been challenging and is delaying project commencement and/or completion. Community Engagement: - The DTBIA team continues to monitor and respond to social media postings. - We have had active interest from several individuals to volunteer with the DTBIA. We are taking these individuals up on their interest. - DTBIA continues to be supportive and co-operative with all planning applications in and outside of the BIA zone. - The DTBIA team continues to proactively engage with all stakeholders to ensure a continuous improvement philosophy is inculcated in the organization. - Efforts continue to work with local service clubs and other community groups on partnerships and joint efforts. - We have one TVDSB Glendale HS student working on a co-op term until the end of the current school year. Ambassadorial support(s): - The BIA leadership team continues to work one-on-one with business owners/tenants/landlords on business issues, challenges and support programs. - To date; twelve (18) businesses have asked for assistance with filling out documentation for various programs including loan applications. The ED has also provided contact information and alternative funding sources outside of those programs articulated from the government at present. - Business metrics: The ED continues to provide coaching with members on various elements of their businesses and to share learnings between the members here in Tillsonburg and from elsewhere around the province. Business Plan follow-up: - DTBIA continues to research additional best-practices for implementation. - The ED and EMC have continued to adjust the tactics and programs as the year has progressed. Page 5 of 6 - Given the severe impacts of the negative tax adjustments; further austerity measures will need to be enacted. - Our new office space continues to facilitate further business incubation. - Work on the 2022 budget and business plans has already begun. The intention is to have a draft budget and business plan before the Board of Management in August followed by debate and potential approval in September or October of 2021. - There will need to be a structural adjustment and realignment of the budget to Advocacy: - DTBIA continues to participate in twice-weekly best-practices calls with OBIAA members with continuing efforts to implement those items that contribute to our continuous improvement philosophy. - The DTBIA team is continually surveying the membership to drill down into what specific supports are required. The entire team continues to pivot to the emergent issues that arise. - The DTBIA team continues to participate in the town coordinated Pandemic Working Group meetings. - The DTBIA team has regular communication with the Tillsonburg District Chamber of Commerce; Town of Tillsonburg and various boards and committees. Issues that have been identified are being communicated to the appropriate individual or body for action such as determining our role in the promotion of the TDCC’s program in distribution of the rapid COVID tests. Events & Marketing: - Work and implementation have been focused on door-to-door and digital platforms. - The EMC has pivoted to promoting essential shopping; “Stop, Shop and Stroll” – curbside pick-up promotion; and development of links to support our various businesses. - We need to balance the stay-at-home order and promotion of shopping; hence the pivot to curbside pick-up and other programs that are aligned with the provincial objectives. - The DTBIA continues to send member e-mail updates on an as-needed basis to disseminate critical information which is ongoing. - The EMC and ED are meeting regularly with the Strathallen Head Office marketing team to ensure that the 40+ tenants of the mall are consulted and involved in the development of the marketing plan(s). Page 6 of 6 Summary: The DTBIA team continues to pivot to the emergent issues as they present themselves while ensuring that we are meeting or exceeding the requirements of the Town/DTBIA MOU. We continue to act as a sounding board and to triage the requests for assistance to and with our various partner organizations. Our BIA continues to perform among the top organizations in our peer group as measured by the various metrics and anecdotal feedback. Another compliment was received just yesterday from Tourism Oxford on the quality, quantity and effect of our BIA programs and services during the past 15 months. As always, your feedback and suggestions are welcomed. P rope rty C lie nt Thumbnail C lie n t T h u m b n a il 332 B RO A D W A Y St Tillsonburg MLS® #: 40098024 A ct iv e / Com m ercial Sa le P rice : $699,000.00 MLS®#:40098024 Region:Oxford Bldg Area Total:2,900 Municipality Area:Tillsonburg Lot Size Area:0.11 Neighbourhd/SubDist:Tillsonburg Lot Front:49.00 Property Sub Type:Building and Land Lot Depth:100.00 Business Type:Tax Amount:$2,798 Waterfront Y/N:No Tax Year:2021 Profitable co mmercial investment pro perty lo cated on main street in the thriving community o f Tillsonburg. Centrally located just 20 mins to 401 hwy and 25 mins to the lake. This property offers high visibility to traffic and comes with leases to talling apprx $5350 per month. Residential ro o f -apprx 2013, Co mmercial ro o f -apprx 2014, New furnace installed 2020 with warranty that services all units with heat and central air (controlled by commercial unit). Pro perty is zo ned NC Neighbo urhood Commercial. Being sold as i where is. All measurements and taxes are appro ximate. This is a great opportunity to own an investment pro perty with profitable income. Co vid pro tectio n protocols to be fo llo wed. C lie n t T h u m b n a il 169 B RO A D W A Y Tillsonburg MLS® #: 40094274 A ct iv e / Com m ercial Sa le P rice : $915,000.00 MLS®#:40094274 Region:Oxford Bldg Area Total:3,400 Municipality Area:Tillsonburg Lot Size Area:8,557.00 Neighbourhd/SubDist:Tillsonburg Lot Front:50.79 Property Sub Type:Building Only Lot Depth: Business Type:Tax Amount:$12,910 Waterfront Y/N:No Tax Year:2020 OPPORTUNITY! A rare opportunity to own o ne of the premier buildings in Tillsonburgs' bustling downtown core. Building was previo usly the Strand Cinema and was demolished and rebuilt by a Tier One Financial institution saving the architectural character of the building which now sits in o ne of the prime locatio ns in the downtown co re. Featuring rare private parking, marquee signboard, new ro o f and two street facing units (1400 square feet and 1800 square feet)with partial and fully finished basement. One unit is presently tenanted to a long term tenant the other recently underwent extensive renovations fo r an o ffice user and is presently for lease. Here is yo ur chance to own your o wn destiny o r take advantage o f an attractive cap rate on a rare find. C lie n t T h u m b n a il 128 B RO A D W A Y St Tillsonburg MLS® #: 40088045 A ct iv e / Com m ercial Sa le P rice : $599,900.00 MLS®#:40088045 Region:Oxford Bldg Area Total:3,200 Municipality Area:Tillsonburg Lot Size Area:0.09 Neighbourhd/SubDist:Tillsonburg Lot Front:21.92 Property Sub Type:Building and Land Lot Depth:166.54 Business Type:Administrative and Support Tax Amount:$5,088 Waterfront Y/N:No Tax Year:2020 Excellent fully restored downtown co mmercial pro perty. Currently the home to "Hamilton, Ward & Cathers Insurance Services Limited". This property is in the prime core area o f do wnto wn Tillso nburg and lo cated directly across from RBC. Beautifully restored pro perty with new brick front in keeping with the downtown heritage lo o k and feel. Appro ximately 3,500 sq. ft. of retail or office space on the gro und flo o r with a full basement which is ready fo r future development. Large waiting & receiving area upo n entering the building. Five (5) private renovated main flo o r offices alo ng the no rth side of the building. Commo n hallway leads to a private board room, open kitchen & his/her handicap washrooms. Large rear room is perfect for social gatherings or main floor storage. The lower level is an clean slate and ready fo r development. Upstairs you will find one o f Tillsonburg's finest do wnto wn apartments. Approximately 1,500 sq. ft. o f living area with tin ceilings and upgraded kitchen. Currently rented. Do n't delay if yo ur looking fo r new corporate headquarters or a retail location. C lie n t T h u m b n a il 18-24 O XF O RD St Tillsonburg MLS® #: 40082161 A ct iv e / Com m ercial Sa le P rice : $975,000.00 MLS®#:40082161 Region:Oxford Bldg Area Total:8,000 Municipality Area:Tillsonburg Lot Size Area:0.10 Neighbourhd/SubDist:Tillsonburg Lot Front:73.79 Property Sub Type:Building Only Lot Depth: Business Type:Commercial Tax Amount:$9,266 Waterfront Y/N:No Tax Year:2020 SET IT AND FORGET IT! Looking fo r a cash-flowing, hands-off investment that is fully rented top to bo ttom to add to your portfo lio ? 18-24 Oxfo rd Street is a mixed commercial/residential part o f the Downtown core and offers nearly 8000 square ft o f space - lo cated steps fro m Bro adway. Three established commercial tenants are located at street level and enjo y one of the highest visibility exposures in Oxfo rd County. Upstairs, find 4 large, fully rented apartments that have been updated in recent years with kitchens, bathrooms, floor, paint, etc. The commercial tenants consist of two established retailers, as well as an office pro viding pro fessio nal services. Upstairs, find 1 o ne bedroom apartment and 3 over-sized two bedroom apartments -two come with in-suite laundry. All units pay for their own utilities. This investment grosses nearly 6k a month with 5.67 cap rate. Owner pays water bill fo r the building- ro ughly $120/m. Owners o ccupy a 15x30 sto rage space in the basement. There is air conditio ning in some but not all of the units. Not many o ppo rtunities are available to be part of Tillso nburg's coveted core. Call today! C lie n t T h u m b n a il 124636 SI MCO E St Tillsonburg MLS® #: 40031071 A ct iv e / Com m ercial Sa le P rice : $259,000.00 MLS®#:40031071 Region:Oxford Bldg Area Total:1,340 Municipality Area:Tillsonburg Lot Size Area:0.12 Neighbourhd/SubDist:Tillsonburg Lot Front:141.90 Property Sub Type:Building and Land Lot Depth: Business Type:Tax Amount:$2,949 Waterfront Y/N:No Tax Year:2020 OPPORTUNITY KNOCKS!! Operate your o wn business. GAS STATION AND VARIETY STORE in a high traffic area. Highway Commercial (CH) Zo ne. PROPERTY BEING SOLD IN "AS IS" CONDITION. WITH NO WARRENTY IMPLIED. Phase 2 Enviro nmental Site Assessment co mpleted. All measurements and realty tax are appro ximate. C lie n t T h u m b n a il 1444 BELL MI LL Sr Tillsonburg MLS® #: 40111073 A ct iv e / Com m ercial Lea se P rice : $6.50/Sq Ft Net MLS®#:40111073 Region:Oxford Bldg Area Total:40,000 Municipality Area:Tillsonburg Lot Size Area:7.07 Neighbourhd/SubDist:Tillsonburg Lot Front:608.34 Property Sub Type:Industrial Lot Depth: Business Type:Tax Amount:$1 Waterfront Y/N:No Tax Year:2020 Excellent o ppo rtunity for large facility o n main arterial road (Highway 3) in Tillsonburg Industrial zo ne. Facility features 40,000 square feet of space with 7 acres o f space for o utside storage or parking. Approximately 30,000 feet o f air co nditioned space. Several private offices, large bo ardroom, staff lunch rooms and washro o ms. Large paved parking area at front with rollup door and grade level lo ading. Rear features two dock level do o rs and two grade level doors. 14' clear height thro ugho ut building. Triple net lease. C lie n t T h u m b n a il 41 & 45 J O HN P O UND Rd Tillsonburg MLS® #: 40110131 A ct iv e / Com m ercial Lea se P rice : $5.95/Sq Ft Net MLS®#:40110131 Region:Oxford Bldg Area Total:29,067 Municipality Area:Tillsonburg Lot Size Area:12.81 Neighbourhd/SubDist:Tillsonburg Lot Front:335.78 Property Sub Type:Building and Land Lot Depth:1,782.93 Business Type:Tax Amount:$25,200 Waterfront Y/N:No Tax Year:2020 INDUSTRIAL SPACE FOR LEASE! Excellent location with high traffic visibility, easy access to HWY #3 and to HWY #401. Previo usly a steel fabricatio n facility (Zoned; General Industrial MG3) this space is equipped with an indoor/outdo o r crane, 250' long X 30' wide & twin 16 metric ton lift units and a 2 ton lift unit(14'- 17' under crane & 25' - 28' ceiling heights). There is ample outside sto rage and parking fo r 50+ vehicles, serviced by 3 grade level do o rs and 2 truck level doors(these with new dock locks 2020). Also, new grading, asphalt, co ncrete work co mpleted in a po rtion of the parking lot and new 'accessible entrance' done in 2020. Inside be welcomed by a large reception area, plenty of private offices, open space with island fo r production meeting o r manager area, board ro o m, lunch room, parts room, 3 washrooms and janitor ro o m. C lie n t T h u m b n a il 213B TI LLSO N A v Tillsonburg MLS® #: 40056712 A ct iv e / Com m ercial Lea se P rice : $1,400.00/Month Net Lease MLS®#:40056712 Region:Oxford Bldg Area Total:1,400 Municipality Area:Tillsonburg Lot Size Area:0.50 Neighbourhd/SubDist:Tillsonburg Lot Front:133.70 Property Sub Type:Part of Building Lot Depth:161.30 Business Type:Professional/Office Tax Amount: Waterfront Y/N:No Tax Year: 1400 Square Feet of Retail o r Office Space with high traffic area. Very visible. Great fo r small business o r professional office. Parking is available. Square Footage is appro ximate. Note: Rent is $1,400 per month N/N/N. Additional Rent is approximately $4.85 per square foot. C lie n t T h u m b n a il 21 B RO CK St #3 Tillsonburg MLS® #: 40056666 A ct iv e / Com m ercial Lea se P rice : $950.00/Month Gro ss Lease MLS®#:40056666 Region:Oxford Bldg Area Total:1,100 Municipality Area:Tillsonburg Lot Size Area:0.00 Neighbourhd/SubDist:Tillsonburg Lot Front:0.00 Property Sub Type:Part of Building Lot Depth: Business Type:Tax Amount:$0 Waterfront Y/N:No Tax Year:2020 Newly renovated do wnto wn location! This 1100 sq.ft. unit is located at the rear end of the building on the lower level, ground level access. Included with rent is onsite parking, one universal bathroom, heat & hydro. Flexible po ssession date. Surrounded in a high traffic area, this busy retail sectio n includes o ther established lo cal businesses (Oldridge Heating & Cooling; Calm the So ul Yo ga & Wellness Studio ; Bo sto n Pizza; Co rey's Restaurant & mo re). All measurements and realty tax are appro ximate. C lie n t T h u m b n a il 31 V I CTO RI A St Tillsonburg MLS® #: 40040976 A ct iv e / Com m ercial Lea se P rice : $10.00/Per Sq.Ft. MLS®#:40040976 Region:Oxford Bldg Area Total:4,800 Municipality Area:Tillsonburg Lot Size Area:4,800.00 Neighbourhd/SubDist:Tillsonburg Lot Front:67.00 Property Sub Type:Building and Land Lot Depth: Business Type:Tax Amount: Waterfront Y/N:No Tax Year: If you're looking to start or expand your business this 4800 (+/-) sq. ft space is available immediately fo r lease! Formerly used as a meeting room/worship hall with a large spacious room that is 60' X 60'. This solid building features a large welcoming fo yer, men's and ladies multi stall washrooms as well as a family washroom, all in immaculate co ndition. Fenced parking lot fo r 60 vehicles and many permitted uses with IN1 zoning. Owner will renovate floor in congregation area to suit tenant. Taxes are unknown until use is determined. C lie n t T h u m b n a il 169 B RO A D W A Y St Tillsonburg MLS® #: 40027662 A ct iv e / Com m ercial Lea se P rice : $16.00/Sq Ft Net MLS®#:40027662 Region:Oxford Bldg Area Total:1,600 Municipality Area:Tillsonburg Lot Size Area:8,557.00 Neighbourhd/SubDist:Tillsonburg Lot Front:50.79 Property Sub Type:Building Only Lot Depth: Business Type:Tax Amount:$1 Waterfront Y/N:No Tax Year:2020 Excellent High Visibility Downtown Location!! Unit available in one o f Tillsonburgs premier lo cations. Immaculately kept building already fitted out with high end upgrades. Large receptio n area, three private o ffices, two bathrooms, lunch room and sto rage area. Rear entrance leads to parking lo t with three exclusive spo ts fo r tenant parking! C lie n t T h u m b n a il 239 B RO A D W A Y St Tillsonburg MLS® #: 268872 A ct iv e / Com m ercial Lea se P rice : $30.00/Sq Ft Net MLS®#:268872 Region:Oxford Bldg Area Total: Municipality Area:Tillsonburg Lot Size Area:0.16 Neighbourhd/SubDist:Tillsonburg Lot Front:67.18 Property Sub Type:Building Only Lot Depth:101.87 Business Type:Tax Amount: Waterfront Y/N:No Tax Year: This build-to-suit opportunity is lo cated in a very high traffic area! Situated on the corner of Bro adway St. and Bridge St. - have your new and improved lo cation designed to suit your exacting wants and needs. Site is surro unded by many national chains including, but no t limited to: Metro, Pita Pit, Canadian Tire, Medpoint Healthcare, Walmart, Kelsey's Restaurant, LCBO. Site is zoned CC (Central Commercial) which pro vides fo r a number of retail and co mmercial allo wances. The landlord is willing to build to a maximum footprint of approx. 6955 sq. ft. on the site. - all subject to municipal co nfo rmity and to wn by-law allowances. C lie n t T h u m b n a il 55 B RO CK St E Tillsonburg MLS® #: 267659 A ct iv e / Com m ercial Lea se P rice : $2,500.00/Month Gro ss Lease MLS®#:267659 Region:Oxford Bldg Area Total: Municipality Area:Tillsonburg Lot Size Area: Neighbourhd/SubDist:Tillsonburg Lot Front:70.00 Property Sub Type:Part of Building Lot Depth: Business Type:Tax Amount: Waterfront Y/N:No Tax Year: Prime Co mmercial Space in Tillso nburg, just under 4000 sq ft acro ss from the post office. Main flo o r and lo wer level. Professional space all recently updated, new windows and insulation. Several offices, Lunch ro o m, Board ro o m, open training area, 3 washrooms, fro nt and rear entry. Near to all amenities downtown. Lo ts o f parking available. Co nvenient locatio n fo r yo ur office or business. Monthly Price $2,500. plus triple net. Available immediately. C lie n t T h u m b n a il 51 SI MCO E St Tillsonburg MLS® #: 40115964 A ct iv e / Business O nly P rice : $350,000 MLS®#:40115964 Region:Oxford Bldg Area Total: Municipality Area:Tillsonburg Lot Size Area: Neighbourhd/SubDist:Tillsonburg Lot Front: Property Sub Type:Sale of Business Lot Depth: Business Type:Tax Amount:$0 Waterfront Y/N:Tax Year:2021 Lo o king for a career change? Is it time to be your own boss, and invest in your own future? Turn key franchise with proven results. Excellent opportunity to own your o wn business, a well kno wn franchise located in an established plaza. Existing customer base, most recent decor update has been co mpleted, easy ho urs to operate, very clean and well kept. training is provided to the qualified buyer. Established Brand Equity, Supported By Regional & National Advertising. Own A Franchise Right In Your Co mmunity. Call fo r details. Protected by copyright. All use of MLS® System data is at your own risk. Information is deemed reliable but Information Technology Systems Ontario makes no warranties or representations regarding the MLS® System data. YEAR TO DATE MONTHLY 2021 2020 % Difference 2021 2020 % Difference $ value of Total Units Sold $527,271,524 $207,698,352 153.86%$120,521,622 $46,802,452 157.51% $ value of Residential Units Sold $443,474,066 $174,055,952 154.79%$114,784,166 $39,428,952 191.12% $ value of Other Units Sold $83,797,458 $33,642,400 $5,737,456 $7,373,500 Total # of Units Sold 844 479 76.20%190 100 90.00% # of Residential Units Sold 728 412 76.70%177 88 101.14% # of Other Units Sold 116 67 13 12 Total # of New Listings 1064 773 37.65%276 158 74.68% Total # of New Residential Listings 873 630 38.57%231 141 63.83% Total # of Other New Listings 191 143 45 17 Total # Currently on Market See Monthly Numbers 233 # of Residential Currently on Market See Monthly Numbers 148 # of Other Listings Currently on Mkt See Monthly Numbers 85 RESIDENTIAL SALES Accum.Accum.Month Reporting Month Reporting BY PRICE CATEGORY 2021 TTL 2020 TTL 2021 2020 AVERAGE RESIDENTIAL SALE PRICE $ - $300,000 21 76 2 12 $300,000 - $499,999 219 231 48 49 $500,000 - $599,999 174 54 42 17 2021 2020 % Difference $600,000 - $699,999 115 29 31 4 MONTH $648,498 $448,056 44.74% $700,000 - $799,999 80 16 16 3 YTD $609,168 $422,466 44.19% $800,000 - $899,999 56 3 18 1 $900,000 - $999,999 23 0 7 0 $1,000,000 - 1,099,999 12 0 5 0 $1,100,000 - 1,199,999 8 3 1 2 Over - $1,200,000 20 0 7 0 Region: Elgin, Oxford, Norfolk for “Tillsonburg District” definition see Region & Municipality below. MLS® ACTIVITY FOR THE MONTH ENDING MAY, 2021 TILLSONBURG DISTRICT REAL ESTATE BOARD All YTD Totals may not match the month to month cumulative total due to continuous, live updates of data combined with permitted timing of entry. The information only represents MLS® listings sold and reported through ORTIS. The information has been drawn from sources deemed to be reliable, but the accuracy and completeness of the information is not guaranteed. In providing this information, the Tillsonburg District Real Estate Board does not assume any responsibility or liability. Municipality: Tillsonburg, Norwich Twp, SW Oxford, Bayham, Charlotteville, Delhi, Houghton, Middleton, N Walsingham, S Walsingham, Port Rowan, Town of Simcoe, Windham