For Lease · Office

1343 LABRIE AVENUE, Ottawa

1343 LABRIE AVENUE, Ottawa, ON K1B3M2

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

95%

Lot Size

1250 ac

About this property

Calling all professional services! Fully renovated STAND-ALONE building offering impressive, turn-key office space JUST 340 METRES FROM CYRVILLE LRT STATION. This listing is for the ENTIRE BUILDING, providing an excellent opportunity for a business seeking its own dedicated premises, privacy and professional presence in a highly accessible location. The thoughtfully designed interior offers a modern, polished work environment with a functional mix of private offices, collaborative and open work areas, meeting space and common areas. Approximately 6-8 on-site parking spaces provide added convenience for staff and clients, while the nearby LRT offers excellent connectivity across the city. Ideal for professional, consulting, creative, technology, medical or other office users looking for a move-in-ready space without the typical compromises of a multi-tenant office building. A rare opportunity to lease a fully renovated, self-contained building with excellent transit access, on-site parking and a space your company can truly make its own. Tenant responsible for all utilities, tenant liability insurance, snow removal and lawn care. HST is extra. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy95%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$83K

Annual cash flow

$-511

Cash-on-cash

-0.11%

DSCR

0.99

Going-in cap

5.51%

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

65,800

Households

30,600

Median income

$133,500

Median age

39.5

Daytime population

92,949

5-yr growth

0.9%

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

Secure deal room

Confidential diligence documents for 1343 LABRIE 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.