For Sale · Retail

OFFICE 1 - 1665 BANK STREET, Ottawa

OFFICE 1 - 1665 BANK STREET, Ottawa, ON K1V7Z2

Price on request

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Asset Class

Retail

Size

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Building class

C

Zoning

CSC — Shopping Centre

$ / SF

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Occupancy

96%

About this property

Windowed private office in a quiet professional building at Bank & Heron, Ottawa South. All-inclusive - utilities and parking included. Shared kitchenette and bathroom facilities on site, with room for a full executive setup and client seating. Located in an established professional building at Bank and Heron, home to a financial services firm. Easy access to the 417, Transitway, and Billings Bridge. A professional address in the heart of Ottawa South at a fraction of downtown costs. Available immediately. Office space measures approximately 112.24 square feet. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy96%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$84K

Annual cash flow

$775

Cash-on-cash

0.17%

DSCR

1.01

Going-in cap

5.59%

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

139,561

Households

49,554

Median income

$81,500

Median age

43.4

Daytime population

139,498

5-yr growth

2.9%

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

Secure deal room

Confidential diligence documents for OFFICE 1 - 1665 BANK STREET, 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.