For Lease · Office

78 CARDEN STREET, Guelph (Downtown)

78 CARDEN STREET, Guelph (Downtown), ON N1H2Z7

$20 per sq ft / yr

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Asset Class

Office

Size

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Building class

B

Zoning

CB2 — Central Business

$ / SF

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Occupancy

90%

About this property

Located in downtown Guelph and surrounded by shops, restaurants and amenities, this move-in-ready 4,500 sf main level features an open-concept work area, private offices, a kitchen/staff room and three washrooms. It's ideal for professional offices, clinics, studios, training and education, showrooms, non-profits, or any business looking for a central downtown presence. Potential to demise into two smaller units. Flexible D.1 zoning (tenant to verify permitted use). Incentives are available for qualified tenants. As a bonus, a full 3,000 sf lower level is included at no additional rent, perfect for storage, training or extra workspace, for 7,500 sf in total. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$20
Down payment30% · $6
Interest rate6.25%
Amortization25 years
Occupancy90%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$-0

Cash-on-cash

-3.47%

DSCR

0.81

Going-in cap

4.50%

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

135,007

Households

59,513

Median income

$124,000

Median age

37.4

Daytime population

173,530

5-yr growth

2.2%

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

Secure deal room

Confidential diligence documents for 78 CARDEN STREET, Guelph (Downtown).

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.