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409-411 MacKay St
Ottawa, ON K1M 2K5
Minto Beechwood · Multifamily Property For Sale · 50 Units

INVESTMENT HIGHLIGHTS

  • Highly visible site
  • AAA National tenants include Starbucks, BMO, LCBO

EXECUTIVE SUMMARY

Built by Minto in 2017. This plaza is located centrally adjacent to two of Ottawa's most historic and sought after neighborhoods. AAA National Tenants include Starbucks, the Bank of Montreal, and LCBO. A highly visible site with constant vehicle and pedestrian traffic. Leasable Area: 16,437 square feet Zoning: TM8 - Traditional Mainstreet Gross Income*: $736,662 Operating Expenses: $246,014.00 Net Operating Income*: $490,648.00 * Fully stabilized including 5% vacancy factor. Property to be treated as "Free and Clear". Financial proforma, rent roll, and lease summary available upon request and execution of a Confidentiality Agreement.

PROPERTY FACTS

No. Units 50
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class A
Lot Size 0.78 AC
Building Size 123,144 SF
No. Stories 7
Year Built 2017
Parking Ratio 0.16/1,000 SF
APN / Parcel ID 061401010145504
Zoning TM8[2023] S304 - Traditional Mainstreet
  • Listing ID: 13591291

  • Date on Market: 2018-08-24

  • Last Updated:

  • Address: 409-411 MacKay St, Ottawa, ON K1M 2K5

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