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$389,000 total
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Asset Class
Industrial
Size
—
Building class
C
Zoning
IB — Industrial Business
$ / SF
—
Occupancy
82%
Clear height
24 ft
Loading docks
2
An exceptional opportunity to acquire a sophisticated and highly versatile commercial condominium at 2000 Thurston Drive, ideally positioned within Ottawa's established business and employment district. Offering approximately 2,600 sq. ft. across two levels, with approximately 1,300 sq. ft. per floor, this professionally appointed property combines refined presentation, functional design, income-producing potential, and long-term flexibility. The well-designed interior is suited to a broad range of professional, office, consulting, medical, and service-oriented uses, featuring multiple private offices, dedicated work areas, conference facilities, reception areas, washrooms, and a kitchenette. The fully furnished lower level further enhances the offering with three private offices, a boardroom, reception area, and washroom, creating a turnkey environment for seamless operations. The property is complemented by 13 dedicated parking spaces, including five double spaces and three single spaces, providing exceptional convenience for occupants and visitors. Currently leased to an established tenant, the property offers an attractive investment opportunity while maintaining future owner-user potential, with possession available upon 60 days' notice, subject to the existing lease. Conveniently located near Thurston Drive, Conroy Road, Highway 417, and major arterial routes, the property provides excellent access to Ottawa's key employment, commercial, and residential areas. Nearby amenities include restaurants, retail, banking, fitness facilities, and a wide range of professional services. Combining versatile commercial space, established tenancy, turnkey functionality, exceptional parking, and future flexibility, 2000 Thurston Drive represents a compelling opportunity to secure a distinguished commercial asset in a well-connected Ottawa business corridor. Viewings are strictly by appointment. (id:66811)
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Monthly debt service
$2K
Projected NOI
$19K
Annual cash flow
$-2K
Cash-on-cash
-1.96%
DSCR
0.89
Going-in cap
4.95%
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.
Trade area within 3 miles of the property.
Population
64,988
Households
24,070
Median income
$91,500
Median age
45.9
Daytime population
60,353
5-yr growth
6%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 33 - 2000 THURSTON DRIVE, Ottawa.
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.