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Price on request
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Asset Class
Office
Size
—
Building class
B
Zoning
CO — Commercial Office
$ / SF
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Occupancy
87%
Establish your professional practice in an unbeatable, highly accessible location. Situated on the main level of 11 Fairmount Avenue, Unit 1 offers approximately 750 square feet of functional commercial space, ideal for healthcare providers, aesthetic clinics, allied health professionals, legal practices, or boutique executive offices. This office space comes with a kitchen and full bathroom tucked away to the rear, away from the main area. The unit offers dedicated On-Site Parking: A rare and invaluable asset in this central neighborhood-convenient, hassle-free parking for you, your staff, and visiting clients/patients. The location is absolutely prime, with high-visibility, nestled in a vibrant district with steady pedestrian traffic, excellent street presence, and straightforward transit access. This unit optimizes the efficient layout capable of supporting private treatment/consultation rooms, alongside a welcoming reception and client waiting area. A professional setting is ready with a clean, quiet, and well-maintained building environment tailored for client privacy, clinical care, or focused consulting work. The unit is ready for a professional tenant practicing in Medical & Wellness: Aesthetics, dermatology, physiotherapy, chiropractic, psychotherapy, or naturopathy. The opportunities are endless and the space could also be optimized with Legal chambers, accounting/tax advisory, financial planning, or architecture. Given the high traffic area the potential for Boutique Offices is also a viable option; Including, but not limited to; Consulting firms, creative studios, or executive headquarters. The lease comes with exterior maintenance, including snow removal and lawn care. This is a fabulous space, and location. Ready, vacant, and waiting for the right tenants to prosper.* Some photos have been staged to showcase future use. (id:66811)
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Monthly debt service
$7K
Projected NOI
$72K
Annual cash flow
$-11K
Cash-on-cash
-2.40%
DSCR
0.87
Going-in cap
4.82%
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.
Trade area within 3 miles of the property.
Population
120,324
Households
46,379
Median income
$134,500
Median age
38.8
Daytime population
121,143
5-yr growth
7.3%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 1 - 11 FAIRMOUNT AVENUE, Ottawa.
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.