For Lease · Land

2300 ROGER STEVENS DRIVE, Ottawa

2300 ROGER STEVENS DRIVE, Ottawa, ON K0A2T0

Price on request

—

Asset Class

Land

Size

—

Building class

B

Zoning

UR — Urban Reserve

$ / SF

—

Occupancy

96%

About this property

Many options available on this lot offering over 0.5 acres of lot space on Roger Stevens Drive in North Gower. Easy access to the 416 and great road visibility in the heart of this community! The village of North Gower is up and coming and this space offers a great opportunity for a wide variety of uses. The lot is already cleared offering great space if needed for truck turnaround or parking. Option available for lease of adjacent lot as well. Check viable options per the VM7 zoning and North Gower Plan. Taxes per City of Ottawa Estimator. Images are approximate and intended only to illustrate the property location, not exact boundaries. Tenant is responsible for all utilities, taxes and snow removal/lawn maintenance. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy96%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$84K

Annual cash flow

$775

Cash-on-cash

0.17%

DSCR

1.01

Going-in cap

5.59%

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

46,543

Households

21,989

Median income

$73,500

Median age

39

Daytime population

76,439

5-yr growth

9.1%

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

Secure deal room

Confidential diligence documents for 2300 ROGER STEVENS DRIVE, 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.