For Lease · Office

496 ALBERT Street Unit# 9, Waterloo

496 ALBERT Street Unit# 9, Waterloo, ON N2L3V4

$25 per sq ft / yr

848 SF

Asset Class

Office

Size

848 SF

Building class

A

Zoning

CO — Commercial Office

$ / SF

$0

Occupancy

86%

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 9 is 848 sqft of useful, open office space. With no interior windows, it has two large windows that open up to the hallway, allowing visibility for natural light. With the option of expanding to the unit next door via interior doorway that connects the two, this space is versatile and has many opportunities for any successful business! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$25
Down payment30% · $8
Interest rate6.25%
Amortization25 years
Occupancy86%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$2

Annual cash flow

$0

Cash-on-cash

2.26%

DSCR

1.12

Going-in cap

6.22%

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
Meridian Health Group726 SF2031-02

Area demographics

Trade area within 3 miles of the property.

Population

73,304

Households

31,993

Median income

$126,500

Median age

37.6

Daytime population

72,771

5-yr growth

8%

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

Secure deal room

Confidential diligence documents for 496 ALBERT Street Unit# 9, 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.