For Sale · Retail

OFFICE 3 - 1665 BANK STREET, Ottawa

OFFICE 3 - 1665 BANK STREET, Ottawa, ON K1V7Z2

Price on request

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Asset Class

Retail

Size

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Building class

B

Zoning

CB1 — Low Intensity Business

$ / SF

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Occupancy

90%

About this property

Private office available for immediate occupancy in a professional building at Bank Street and Heron Road, Ottawa South. All-inclusive rent covers heat, hydro, water, and on-site parking - no additional costs. Shared kitchenette with full fridge, microwave, and coffee maker. Ideal for solo professionals who need a private, client-ready workspace without the overhead. Steps from Billings Bridge, easy access to the 417 and Transitway, with ample on-site parking for you and your clients. Office space measures approximately 56.24 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
Occupancy90%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$76K

Annual cash flow

$-7K

Cash-on-cash

-1.54%

DSCR

0.92

Going-in cap

5.08%

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

129,489

Households

49,331

Median income

$79,000

Median age

42

Daytime population

174,472

5-yr growth

5.1%

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

Secure deal room

Confidential diligence documents for OFFICE 3 - 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.