1/4B3 - 308 WELLINGTON STREET W, Kingston (East of Sir John A. Blvd)
B3 - 308 WELLINGTON STREET W, Kingston (East of Sir John A. Blvd), ON K7K7A8
Price on request
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Asset Class
Office
Size
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Building class
B
Zoning
CO — Commercial Office
$ / SF
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Occupancy
86%
About this property
Ideal downtown satellite office at a reasonable cost! Downtown professional 110 Sq Ft office space ( 9x12 ) plus spacious communal reception area. All inclusive gross rent of $425 /month. Award winning restored historic stone building across from the Ministry of Health ( O.H.I.P. ) Building. Exposed limestone walls. Carpet free flooring. Windows that open. The Building is known as the "Bajus Brewery Building" and is leased to approximately 10 professional office tenants including the Ontario ministry of justice, C.N.I.B. and Malroz Engineering. This is a lower level office. Elevator serviced. Monthly parking nearby and hourly parking directly out front on Wellington street. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$71K
Annual cash flow
$-12K
Cash-on-cash
-2.69%
DSCR
0.85
Going-in cap
4.74%
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
45,345
Households
16,212
Median income
$81,000
Median age
45.5
Daytime population
42,877
5-yr growth
5.6%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for B3 - 308 WELLINGTON STREET W, Kingston (East of Sir John A. Blvd).
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.