Business For Sale · Land

6231 HAZELDEAN ROAD, Ottawa

6231 HAZELDEAN ROAD, Ottawa, ON K2S1B9

$2.2M total

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Asset Class

Land

Size

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Building class

C

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

83%

About this property

High-visibility Hazeldean Road site suited to purpose-built rental, condominium, and residential-led mixed-use development. This is the kind of site that can support a meaningful project without requiring large-scale development. Offering approximately 0.45 acres, roughly 129 feet of frontage and flexible MS2 zoning, the property provides a manageable platform for creating new housing along a corridor connecting Stittsville's growing neighbourhoods with Kanata's amenities and employment base. The existing business is also available for purchase, pending terms. ADDITIONAL DETAILS FOUND IN "MORE INFORMATION" LINK BELOW. (id:66811)

Financial sandbox

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Estimate
Purchase price$2.20M
Down payment30% · $660K
Interest rate6.25%
Amortization25 years
Occupancy83%
Expense growth2.5%

Monthly debt service

$10K

Projected NOI

$107K

Annual cash flow

$-15K

Cash-on-cash

-2.24%

DSCR

0.88

Going-in cap

4.87%

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

41,216

Households

14,895

Median income

$121,500

Median age

32

Daytime population

36,400

5-yr growth

3.9%

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

Secure deal room

Confidential diligence documents for 6231 HAZELDEAN ROAD, 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.