For Sale · Office

2888 ST JOSEPH BOULEVARD, Ottawa

2888 ST JOSEPH BOULEVARD, Ottawa, ON K1C1G7

$999,900 total

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Asset Class

Office

Size

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Building class

C

Zoning

CO — Commercial Office

$ / SF

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Occupancy

98%

About this property

PRIME LOCATION! This office space has great visibility and is easily accessible. Located across from Place'd Orleans mall and the future LRT station, this building currently features a spacious reception area, board rm, 5 offices + bath. Lower level is large and perfect for storage area. This is a stand a lone building in good condition and can accommodate up to 11 parking spots. First and second flr consist of approximately 1300 sqft. Great potential for a variety of businesses! (id:66811)

Financial sandbox

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Estimate
Purchase price$1000K
Down payment30% · $300K
Interest rate6.25%
Amortization25 years
Occupancy98%
Expense growth2.5%

Monthly debt service

$5K

Projected NOI

$71K

Annual cash flow

$16K

Cash-on-cash

5.18%

DSCR

1.28

Going-in cap

7.10%

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

41,846

Households

18,795

Median income

$92,500

Median age

43.3

Daytime population

65,602

5-yr growth

6.9%

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

Secure deal room

Confidential diligence documents for 2888 ST JOSEPH BOULEVARD, 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.