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$885,000 total
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Asset Class
Retail
Size
—
Building class
B
Zoning
CB1 — Low Intensity Business
$ / SF
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Occupancy
82%
Position your business in the heart of one of Eastern Ontario's most iconic destination villages. Welcome to 211 St. Lawrence Street-a prime mixed-use opportunity in the thriving core of Merrickville.This charming commercial/residential building offers an exceptional blend of visibility, versatility, and lifestyle. The main floor features a street-facing retail space with outstanding exposure along Merrickville's most recognized shopping corridor-an ideal setting for boutique retail, gallery space, or a service-based business. Surrounded by steady pedestrian traffic and a vibrant mix of local shops, this location attracts both tourists and loyal locals year-round.Above, a well-appointed two-bedroom residential unit provides valuable flexibility-perfect for owner-occupancy or generating supplemental rental income. It's a rare opportunity to seamlessly live and work in one of Ontario's most picturesque communities.Set along historic St. Lawrence Street, the property is immersed in Merrickville's renowned stone architecture, artisan boutiques, cafés, and galleries. Often referred to as one of Canada's most beautiful villages, Merrickville is a thriving tourism hub anchored by the scenic Rideau Canal and a rich legacy of craftsmanship and commerce.Just steps from the canal, boutique shopping, and local dining-and within an easy drive to Ottawa-this property delivers exceptional exposure in a high-demand destination.Whether you're an investor, entrepreneur, or creative business owner, this is your chance to own a piece of Merrickville's vibrant main street. (id:66811)
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Monthly debt service
$4K
Projected NOI
$37K
Annual cash flow
$-12K
Cash-on-cash
-4.36%
DSCR
0.76
Going-in cap
4.23%
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.
Trade area within 3 miles of the property.
Population
106,186
Households
41,423
Median income
$133,000
Median age
34.8
Daytime population
93,630
5-yr growth
4%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 211 ST.LAWRENCE STREET, Merrickville-Wolford.
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.