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31-33 York St 3,500 SF 100% Leased Retail Building Ottawa, ON K1N 5S7 $2,890,000 CAD ($825.71 CAD/SF) 4.55% Cap Rate
Investment Highlights
- Ottawa's Iconic Market Area
- High Traffic Location
- Long-Term Tenants
Executive Summary
Rare opportunity to own a piece of Ottawa's iconic Byword Market. Three storey, fully leased building on York St. in the very heart of tourist central. Three long-term tenants - Top floor residential on month to month occupancy; Second level Retail/Office lease expires May 31st, 2025; Well know main floor occupant lease expiration June 30th, 2029. (Listing Notes: Age of Building: Approximate; GLA: Approximate; Legal Description: PLAN 42482 E PT LOT 5 YORK N)
Financial Summary (Actual - 2022) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$131,520
|
$37.58
|
Financial Summary (Actual - 2022)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $131,520 |
| Annual Per SF | $37.58 |
Property Facts
Sale Type
Investment
Property Type
Building Size
3,500 SF
Building Class
C
Year Built
1950
Price
$2,890,000 CAD
Price Per SF
$825.71 CAD
Cap Rate
4.55%
NOI
$131,520 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.34
Lot Size
0.06 AC
Zoning
MD2 - Mixed Use Downtown Zone
Frontage
28’ on York Street
Amenities
- Bus Line
- Security System
- Signage
- Accent Lighting
Exceptionally walkable
100/100
Moderately drivable
70/100
Exceptional public transit
100/100
Exceptionally bikeable
90/100
Nearby Major Retailers
1 of 3
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
31-33 York St
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