496 ALBERT Street Unit# 6, Waterloo496 ALBERT Street Unit# 6, Waterloo — photo 2496 ALBERT Street Unit# 6, Waterloo — photo 3496 ALBERT Street Unit# 6, Waterloo — photo 4496 ALBERT Street Unit# 6, Waterloo — photo 5496 ALBERT Street Unit# 6, Waterloo — photo 6496 ALBERT Street Unit# 6, Waterloo — photo 7496 ALBERT Street Unit# 6, Waterloo — photo 8496 ALBERT Street Unit# 6, Waterloo — photo 9496 ALBERT Street Unit# 6, Waterloo — photo 10
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For Lease · Office

496 ALBERT Street Unit# 6, Waterloo

496 ALBERT Street Unit# 6, Waterloo, ON N2L3V4

$25 per sq ft / yr

1,369 SF

Asset Class

Office

Size

1,369 SF

Building class

C

Zoning

CB2 — Central Business

$ / SF

$0

Occupancy

82%

About this property

Prime location in Waterloo close to both Universities, Tech Parks and Business Parks, on a major bus route and in an area seeing future development, the offices at 496 Albert St, couldn't offer you better visibility! With a large parking lot suitable for all clients and guests, and great signage, the Parkdale Plaza really is the best home for your business. Unit 6 is 1,369 sqft of finished space including two offices with large windows, and a third expansive open space that was previously used as a dance studio with partial rubber floor, and a mirrored wall. This unit could easily be a dance or yoga studio, and with some small alterations could have multiple uses including more designated office space. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$25
Down payment30% · $8
Interest rate6.25%
Amortization25 years
Occupancy82%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$0

Cash-on-cash

0.66%

DSCR

1.04

Going-in cap

5.74%

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.

Rent roll (estimated)

TenantAreaExpiry
Halcyon Wealth Partners532 SF2030-04
Halcyon Wealth Partners592 SF2030-04

Area demographics

Trade area within 3 miles of the property.

Population

140,555

Households

48,595

Median income

$108,000

Median age

45.8

Daytime population

151,419

5-yr growth

4.8%

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

Secure deal room

Confidential diligence documents for 496 ALBERT Street Unit# 6, Waterloo.

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.