For Sale · Office

1 VICTORIA Street S Unit# 210, Kitchener

1 VICTORIA Street S Unit# 210, Kitchener, ON N2G0B5

$450,000 total

1,210 SF

Asset Class

Office

Size

1,210 SF

Building class

B

Zoning

CB2 — Central Business

$ / SF

$372

Occupancy

93%

Year Built

2016

About this property

High-End Office Space: Location: Situated in the heart of Kitchener, just across the street from Google Canada, the future Go Train Hub, University of Waterloo Health Science Campus, and McMaster University School of Medicine. Located on the corner of Victoria Street and King Street in a brand-new, modern city landmark building. Features: Abundant natural light: Massive windows on the south and west sides make the unit bright and fresh. Parking: Includes two undesignated parking lots and free visitor parking. Security and convenience: Auto-lock unit door with fob access. Separated elevator for business use, directly accessible from parking. Secured mailbox on the main floor. Modern design: Carpet flooring. Screen panel connected to the unit for deliveries. Elegantly decorated lobby with a bend sofa. Cutting-edge amenities: 6th-floor highend open terrace with a party room and BBQ equipment (perfect for tenant events, parties, and gatherings). On-site Fitness Centre on the 4th floor. #Modern movie theatre on the 5th floor. #Move-in ready: Everything is prepared for you to focus on your business immediately. Office Layout: Spacious and open: High ceilings and an open layout create a professional and inviting atmosphere. Large board/meeting room: Ideal for presentations and team collaboration. #Reception area: Separate from other rooms for a professional first impression. #Three individual office rooms: Private spaces for focused work. Lunch room: Equipped with a fridge, sink, and dedicated lunch area. In-unit bathroom: Convenient and private. Additional Perks: Located in one of Kitchener’s most dynamic and connected areas, surrounded by innovation hubs, educational institutions, and transportation links. A rare opportunity to own a high-end office space in a thriving community. This is the ultimate workspace for businesses aiming to elevate their operations in a luxurious, amenity-rich environment. Don’t miss this chance to own a piece of real estate! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$450K
Down payment30% · $135K
Interest rate6.25%
Amortization25 years
Occupancy93%
Expense growth2.5%

Monthly debt service

$2K

Projected NOI

$31K

Annual cash flow

$6K

Cash-on-cash

4.57%

DSCR

1.25

Going-in cap

6.91%

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)

TenantAreaExpiry
Vector Robotics640 SF2029-08
Vector Robotics400 SF2029-08
Vector Robotics400 SF2029-08

Area demographics

Trade area within 3 miles of the property.

Population

58,259

Households

23,212

Median income

$66,000

Median age

40.2

Daytime population

78,139

5-yr growth

2.6%

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

Secure deal room

Confidential diligence documents for 1 VICTORIA Street S Unit# 210, Kitchener.

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.