496 ALBERT Street Unit# 3, Waterloo496 ALBERT Street Unit# 3, Waterloo — photo 2496 ALBERT Street Unit# 3, Waterloo — photo 3496 ALBERT Street Unit# 3, Waterloo — photo 4496 ALBERT Street Unit# 3, Waterloo — photo 5496 ALBERT Street Unit# 3, Waterloo — photo 6496 ALBERT Street Unit# 3, Waterloo — photo 7496 ALBERT Street Unit# 3, Waterloo — photo 8496 ALBERT Street Unit# 3, Waterloo — photo 9496 ALBERT Street Unit# 3, Waterloo — photo 10
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For Lease · Office

496 ALBERT Street Unit# 3, Waterloo

496 ALBERT Street Unit# 3, Waterloo, ON N2L3V4

$25 per sq ft / yr

790 SF

Asset Class

Office

Size

790 SF

Building class

C

Zoning

CO — Commercial Office

$ / SF

$0

Occupancy

93%

About this property

Prime location in Waterloo close to both Universities, Tech Parks and Business Parks, on a major bus route and in an area seeing future development, the offices at 496 Albert St, couldn't offer you better visibility! With a large parking lot suitable for all clients and guests, and great signage, the Parkdale Plaza really is the best home for your business. Unit 3 is 790sqft of finished space including three separate rooms and a storage room. Containing a sink area, and large windows this unit is suited to a small medical or health practitioner office. With some small alternations, the space can be opened up to a larger, bright, co-working space, or keep the smaller rooms for quiet office space or a podcast studio. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$25
Down payment30% · $8
Interest rate6.25%
Amortization25 years
Occupancy93%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$2

Annual cash flow

$0

Cash-on-cash

5.06%

DSCR

1.27

Going-in cap

7.06%

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 Robotics400 SF2030-04
Vector Robotics400 SF2030-04
Vector Robotics400 SF2030-04
Vector Robotics400 SF2030-04

Area demographics

Trade area within 3 miles of the property.

Population

70,056

Households

24,508

Median income

$115,500

Median age

33

Daytime population

69,570

5-yr growth

1.7%

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

Secure deal room

Confidential diligence documents for 496 ALBERT Street Unit# 3, Waterloo.

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.