For Lease · Office

17 ARLINGTON AVENUE, Ottawa

17 ARLINGTON AVENUE, Ottawa, ON K2P1C1

Price on request

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Asset Class

Office

Size

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Building class

A

Zoning

DC1 — Direct Control

$ / SF

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Occupancy

88%

About this property

Exceptional Downtown Commercial Space for Lease! Take advantage of this centrally located, highly visible commercial property offering a full-building lease with versatile workspace across two levels. Featuring multiple office areas, two bathrooms, and a flexible layout, this space offers endless possibilities for businesses looking to establish, expand, or relocate. The adaptable floor plan allows for a customized setup, including the addition of a kitchenette to suit your operational needs. Enjoy excellent street exposure in a prime downtown location, providing visibility and accessibility for both clients and staff. Additional conveniences include rear parking for up to four vehicles. Whether you're envisioning professional offices, a growing business headquarters, or a customized commercial workspace, this property offers the flexibility, exposure, and convenience to bring your vision to life! $2000/month base rent + additional rent (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy88%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$74K

Annual cash flow

$-10K

Cash-on-cash

-2.11%

DSCR

0.89

Going-in cap

4.91%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

145,994

Households

63,880

Median income

$97,000

Median age

41.9

Daytime population

133,151

5-yr growth

4%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 17 ARLINGTON AVENUE, Ottawa.

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.