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$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
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)
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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.
| Tenant | Area | Expiry |
|---|---|---|
| Vector Robotics | 640 SF | 2029-08 |
| Vector Robotics | 400 SF | 2029-08 |
| Vector Robotics | 400 SF | 2029-08 |
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.
Confidential diligence documents for 1 VICTORIA Street S Unit# 210, Kitchener.
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.