Humber/Ontario Real Estate Course 1 Exam Practice

An investor intends to build an expanded brewing/retailing operation with highly customized features. What type of building best describes this?

1. Agri-business structure.

2. General purpose industrial.

3. Multipurpose commercial.

4. Single purpose industrial.

5. Single use commercial.

6. Specialty business structure.

The correct answer is: Single purpose industrial.

The correct answer is "D. Single purpose industrial." In this scenario, the investor is planning to construct a building specifically designed for an expanded brewing/retailing operation with highly customized features. A single-purpose industrial building is a property designed for a specific use or industry, in this case, brewing and retailing. This type of building is tailored to accommodate the specialized needs of the operation, making it the most suitable choice for the investor's project. Options A, B, C, and E do not fully align with the specific requirements of a highly customized brewing/retailing operation, as they are more generic in nature and may not offer the level of customization needed. Option F, "Specialty business structure," while somewhat related, does not specifically address the industrial aspects required for brewing operations, making it less suitable than the precise designation of a single-purpose industrial building.