For Sale · Office

21 - 5350 CANOTEK ROAD, Ottawa

21 - 5350 CANOTEK ROAD, Ottawa, ON K1J9E4

$459,500 total

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Asset Class

Office

Size

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Building class

A

Zoning

DC1 — Direct Control

$ / SF

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Occupancy

83%

About this property

Welcome to 5350 Canotek, Unit #21, a bright corner office condo ideally suited to medical, wellness, or professional users. Formerly home to a family doctor's practice, this well-laid-out unit is ready for your business from day one. The main floor opens to a spacious reception area with ample storage and direct access to a private kitchenette. 4 private clinic rooms and a 2-piece bathroom complete the level, making it a turnkey setup for any practice seeing clients or patients. Upstairs, an open area offers flexible space for a waiting room, lounge, or collaborative workspace, alongside 2 large private offices, a utility room, and a second 2-piece bathroom. As a corner unit, the space benefits from an abundance of windows throughout, filling both levels with natural light. A rare opportunity to own a versatile, move-in-ready professional space. Book your showing today! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$460K
Down payment30% · $138K
Interest rate6.25%
Amortization25 years
Occupancy83%
Expense growth2.5%

Monthly debt service

$2K

Projected NOI

$26K

Annual cash flow

$982

Cash-on-cash

0.71%

DSCR

1.04

Going-in cap

5.76%

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

72,484

Households

29,235

Median income

$86,500

Median age

42.8

Daytime population

65,874

5-yr growth

3.2%

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

Secure deal room

Confidential diligence documents for 21 - 5350 CANOTEK ROAD, 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.