F - 22 ANTARES DRIVE, OttawaF - 22 ANTARES DRIVE, Ottawa — photo 2F - 22 ANTARES DRIVE, Ottawa — photo 3F - 22 ANTARES DRIVE, Ottawa — photo 4F - 22 ANTARES DRIVE, Ottawa — photo 5F - 22 ANTARES DRIVE, Ottawa — photo 6F - 22 ANTARES DRIVE, Ottawa — photo 7F - 22 ANTARES DRIVE, Ottawa — photo 8
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For Lease · Office

F - 22 ANTARES DRIVE, Ottawa

F - 22 ANTARES DRIVE, Ottawa, ON K2E7Z6

Price on request

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Asset Class

Office

Size

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Building class

B

Zoning

CO — Commercial Office

$ / SF

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Occupancy

100%

About this property

Desirable office space located in Rideau Heights Business Park for a business professional (accountant, engineer, mortgage broker, IT, human resources, operations or other) at a reasonable lease rate, floor plan attached. Approximately 900sf, space includes 3 offices, a bathroom, kitchenette, and shared lobby/seating area with the upper unit. Two offices feature stone accent walls; flooring is a mix of durable vinyl and carpet. Existing layout has private offices, room for a conference table, a reception/waiting area, washroom and storage room. Two dedicated parking spaces close to the unit and entrance. Gross lease/rent is $1,850 a month with 3% annual increases over the term. Rent includes hydro & gas (capped), water/sewer, grounds & building maintenance, snow removal, building insurance, property management, etc. Unit is available for immediate possession. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy100%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$89K

Annual cash flow

$6K

Cash-on-cash

1.31%

DSCR

1.07

Going-in cap

5.94%

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

59,541

Households

25,351

Median income

$99,500

Median age

44.3

Daytime population

84,387

5-yr growth

2.9%

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

Secure deal room

Confidential diligence documents for F - 22 ANTARES DRIVE, 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.