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1095 Carling Ave - Chartwell Duke of Devonshire Retirement Res. 73,618 SF Health Care Building Offered For Sale in Ottawa, ON K1Y 4P6
INVESTMENT HIGHLIGHTS
- Property is a premium class A, six-storey single tenant asset that is institutionally managed and maintained
- Six-level underground parking structure totaling 253 parking stalls
- Significant upgrades currently underway by the Ottawa Hospital
- Originally constructed in 1984 with full rebuild back to the concrete superstructure in 2007
- Functional floor plates allow for current or multiple alternative uses
EXECUTIVE SUMMARY
This offering presents a unique opportunity to acquire a 156 bed transitional care facility fully leased to the Ottawa Hospital on a long term triple net and carefree basis.
In additional to 156 beds ranging from private, semi-private and ward, the complex offers a full suite of hospital facilities including gym, patient lounges, x-ray, and kitchen facilities.
1095 Carling Avenue is located in an ever expanding healthcare hub, directly adjacent to the Ottawa Hospital’s Civic Campus which also includes the University of Ottawa’ Heart Institute, Canada’s largest and foremost heart health centre. The property is strategically located across from the under development New Ottawa Hospital Campus, a state-ofthe-art health care and academic facility - Ottawa’s largest-ever health infrastructure project. The project will feature a ~2.5 million square foot, world class facility on 50 acres of land.
In additional to 156 beds ranging from private, semi-private and ward, the complex offers a full suite of hospital facilities including gym, patient lounges, x-ray, and kitchen facilities.
1095 Carling Avenue is located in an ever expanding healthcare hub, directly adjacent to the Ottawa Hospital’s Civic Campus which also includes the University of Ottawa’ Heart Institute, Canada’s largest and foremost heart health centre. The property is strategically located across from the under development New Ottawa Hospital Campus, a state-ofthe-art health care and academic facility - Ottawa’s largest-ever health infrastructure project. The project will feature a ~2.5 million square foot, world class facility on 50 acres of land.
PROPERTY FACTS
| Sale Type | Investment | No. Beds | 156 |
| Property Type | Health Care | No. Stories | 6 |
| Property Subtype | Continuing Care Retirement Com | Year Built/Renovated | 1984/2007 |
| Building Class | B | Tenancy | Single |
| Lot Size | 0.39 AC | Parking Ratio | 3.44/1,000 SF |
| Building Size | 73,618 SF | ||
| Zoning | AM2 F - Arterial Mainstreet | ||
| Sale Type | Investment |
| Property Type | Health Care |
| Property Subtype | Continuing Care Retirement Com |
| Building Class | B |
| Lot Size | 0.39 AC |
| Building Size | 73,618 SF |
| No. Beds | 156 |
| No. Stories | 6 |
| Year Built/Renovated | 1984/2007 |
| Tenancy | Single |
| Parking Ratio | 3.44/1,000 SF |
| Zoning | AM2 F - Arterial Mainstreet |
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Walk Score®
Very Walkable (82)
Bike Score®
Biker's Paradise (100)
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1095 Carling Ave - Chartwell Duke of Devonshire Retirement Res.
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