For Lease · Retail

333 ALBERT Street Unit# C3-C4, Waterloo

333 ALBERT Street Unit# C3-C4, Waterloo, ON N2L0L1

$25 per sq ft / yr

2,063 SF

Asset Class

Retail

Size

2,063 SF

Building class

B

Zoning

CB1 — Low Intensity Business

$ / SF

$0

Occupancy

86%

About this property

Prime 2,063 sq. ft. ground-floor commercial opportunity in the heart of Waterloo’s university corridor. Combining Units C3 and C4 creates a flexible, highly visible space within a newly completed 85-unit mixed-use development, with the residential component now fully leased and providing an immediate on-site customer base. Hundreds of additional residential units have been completed within a few hundred metres, with hundreds more planned nearby, reinforcing the area’s continued growth and commercial demand. Minutes from the University of Waterloo, Wilfrid Laurier University, ION LRT, Uptown Waterloo and Highway 85. H (RN-6) zoning supports uses particularly well suited to this larger footprint, including medical clinic, dental office, pharmacy, childcare centre, physiotherapy or wellness clinic, professional office, beauty or personal care operation, fitness or wellness concept, specialty retail and larger-format service businesses. Landlord incentives available for qualified tenants. Units may also be leased separately as approximately 1,292 sq. ft. and 771 sq. ft. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$25
Down payment30% · $8
Interest rate6.25%
Amortization25 years
Occupancy86%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$2

Annual cash flow

$0

Cash-on-cash

2.26%

DSCR

1.12

Going-in cap

6.22%

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
Lakeview Physiotherapy809 SF2034-11
Lakeview Physiotherapy439 SF2034-11
Lakeview Physiotherapy516 SF2034-11

Area demographics

Trade area within 3 miles of the property.

Population

77,710

Households

35,787

Median income

$115,500

Median age

32.8

Daytime population

75,799

5-yr growth

2.3%

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

Secure deal room

Confidential diligence documents for 333 ALBERT Street Unit# C3-C4, 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.