Can I live in a commercial property Ontario?
Can I live in a commercial property Ontario?
In Ontario, commercial tenancies are covered under the Commercial Tenancies Act. However, even if a landlord requires a tenant to sign a commercial lease, or if the municipal zoning by-laws consider the premises commercial, a tenant may still be considered a residential tenant if the premises are mainly used as a home.
Can I sleep at Wework?
The answer is “Yes, you can, but you must follow some very strict rules!” And, “No, you cannot sleep in it!” 1) The area allowed to be written off must be *dedicated* to that use only. 2) If it’s a bedroom, that’s ok as long as you document that you sleep elsewhere.
Can I live in a commercial property Toronto?
Live-work is permitted in most commercial-residential zones. In addition, the units are allowed in zones near King St. City planning staff couldn’t immediately provide the current number of live-work units in Toronto because some have reverted to residential only.
Can a retail building be built on a pad site?
When developing a pad site for a retail building, there is no such concern because the inline tenants are paying rent, which can partially offset the development cost and reduce the risk of developing them.
Why are pad sites important in commercial real estate?
When it comes to commercial real estate “pad sites”, the interests of retail tenants and property owners are aligned. Retail business owners looking for new locations sometimes find that the available space in a given market isn’t a good fit for their needs. It may be too big, too small, not visible enough, or it may not have enough parking.
How to calculate Onsite Energy for commercial buildings?
We then applied the following filters: source energy greater than 0 kBtu/ft2; source energy use intensity (EUI) less than 50,000 kBtu/ft2; gross floor area between 100 ft2 and 10 million ft2 (as calculated by EPA); and total onsite electricity greater than 0 kWh.
Why are pad sites called outparcels in real estate?
But, there is some very valuable real estate with frontage on the main road. So, rather than use it as a parking lot, developers and owners have figured out that this space can be developed and leased to tenants whose line business is complementary to that of the anchor tenants. So, the “pads” or “outparcels” are circled in red.
When developing a pad site for a retail building, there is no such concern because the inline tenants are paying rent, which can partially offset the development cost and reduce the risk of developing them.
What are the requirements for a retail site?
A successful retail site must meet market demand, satisfy tenant requirements, satisfy lending conditions and regulatory requirements, and must accommodate the consumer. Using multiple sources of information, commercial real estate developers look at all available properties within a designated trade area that meet basic site requirements.
When it comes to commercial real estate “pad sites”, the interests of retail tenants and property owners are aligned. Retail business owners looking for new locations sometimes find that the available space in a given market isn’t a good fit for their needs. It may be too big, too small, not visible enough, or it may not have enough parking.
We then applied the following filters: source energy greater than 0 kBtu/ft2; source energy use intensity (EUI) less than 50,000 kBtu/ft2; gross floor area between 100 ft2 and 10 million ft2 (as calculated by EPA); and total onsite electricity greater than 0 kWh.