For Lease · Office

496 ALBERT Street Unit# 7, Waterloo

496 ALBERT Street Unit# 7, Waterloo, ON N2L3V4

$25 per sq ft / yr

1,171 SF

Asset Class

Office

Size

1,171 SF

Building class

C

Zoning

CB2 — Central Business

$ / SF

$0

Occupancy

89%

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 7 is 1,1171 sq ft of finished space including two, enclosed offices, and a large open space in-between. Big windows flood this corner office with light. Great opportunity to create a space that is right for you! More office space could be created easily, or utilize the open space for team meetings, co-working, or special events. The possibilities are endless! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$25
Down payment30% · $8
Interest rate6.25%
Amortization25 years
Occupancy89%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$2

Annual cash flow

$0

Cash-on-cash

3.46%

DSCR

1.19

Going-in cap

6.58%

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
Aurora Legal LLP679 SF2030-01
Aurora Legal LLP400 SF2030-01

Area demographics

Trade area within 3 miles of the property.

Population

110,399

Households

39,659

Median income

$100,000

Median age

44.9

Daytime population

101,847

5-yr growth

7.9%

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

Secure deal room

Confidential diligence documents for 496 ALBERT Street Unit# 7, 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.