1/14280 LESTER Street Unit# 7, Waterloo
280 LESTER Street Unit# 7, Waterloo, ON N2L0G2
$1M total
1,198 SF
Asset Class
Specialty
Size
1,198 SF
Building class
B
Zoning
DC2 — Site Specific
$ / SF
$835
Occupancy
88%
About this property
An exceptional opportunity to own a newly built Dental Office in a prime Waterloo location close to both universities! This approximately 1,198 sq. ft. commercial unit is exclusively designed for dental use and ideally situated within walking distance of both the University of Waterloo and Wilfrid Laurier University. Enjoy excellent storefront visibility and exposure to steady pedestrian traffic in this highly desirable location. Thoughtfully designed and beautifully finished, the unit features a welcoming reception desk, a comfortable patient waiting area, five dental treatment rooms, and a full bathroom. This property presents an excellent opportunity for dental professionals looking to establish or expand their practice, as well as investors seeking a specialized commercial property in a sought-after location. Don't miss this outstanding opportunity to own a dental office in the heart of Waterloo, close to two major universities. Contact us today for more information or to arrange a private viewing! (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$5K
Projected NOI
$63K
Annual cash flow
$8K
Cash-on-cash
2.60%
DSCR
1.14
Going-in cap
6.32%
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)
| Tenant | Area | Expiry |
|---|---|---|
| Blue Harbour Design | 1,055 SF | 2032-01 |
Area demographics
Trade area within 3 miles of the property.
Population
72,575
Households
27,128
Median income
$136,000
Median age
39.5
Daytime population
72,061
5-yr growth
7.9%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 280 LESTER Street Unit# 7, Waterloo.
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.