1/5333 ALBERT Street Unit# C3, Waterloo
333 ALBERT Street Unit# C3, Waterloo, ON N2L0L1
$25 per sq ft / yr
1,292 SF
Asset Class
Retail
Size
1,292 SF
Building class
B
Zoning
CB1 — Low Intensity Business
$ / SF
$0
Occupancy
95%
About this property
Brand-new ground-floor commercial space in the heart of Waterloo’s university corridor. Unit C3 offers approximately 1,292 sq. ft. within a newly completed 85-unit mixed-use development, with the residential component now fully leased. The surrounding area has seen hundreds of new residential units completed within a few hundred metres, with hundreds more planned, creating a rapidly expanding customer base. Excellent street presence, prominent glazing and a flexible layout make this an ideal location for a wide range of commercial operators. Minutes from the University of Waterloo, Wilfrid Laurier University, ION LRT, Uptown Waterloo and Highway 85. H (RN-6) zoning supports uses well suited to this footprint, including medical or dental office, pharmacy, professional office, beauty and personal care, barber shop, salon, wellness services, bakery or dessert concept, specialty retail, boutique retail and convenience-oriented uses. Landlord incentives available for qualified tenants. Unit C3 may also be combined with adjacent Unit C4 to create approximately 2,063 sq. ft. of contiguous commercial space. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$0
Projected NOI
$2
Annual cash flow
$0
Cash-on-cash
5.86%
DSCR
1.32
Going-in cap
7.30%
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)
| Tenant | Area | Expiry |
|---|---|---|
| Cascade Foods Inc. | 498 SF | 2029-07 |
| Cascade Foods Inc. | 400 SF | 2029-07 |
| Blue Harbour Design | 400 SF | 2029-07 |
| Blue Harbour Design | 400 SF | 2029-07 |
Area demographics
Trade area within 3 miles of the property.
Population
75,916
Households
27,473
Median income
$93,500
Median age
45.6
Daytime population
117,176
5-yr growth
4.7%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 333 ALBERT Street Unit# C3, Waterloo.
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.