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50 Northland Rd 218,373 SF 100% Leased Industrial Building Waterloo, ON N2V 1N3 $35,500,000 CAD ($162.57 CAD/SF)
Investment Highlights
- Secure outdoor storage
- GRT/LRT nearby
- 1.8 KM from HWY 85
- Ample parking
Executive Summary
50 Northland Road, Waterloo is a 221,848 SF building situated on 11.48 Acres in North Waterloo. The property benefits from the most flexible and desirable industrial zoning in Waterloo, E3-27. The E3-27 zoning is the only zoning in Waterloo to allow for outdoor storage. 50 Northland is the largest multi-tenant, E3-27 zoned property in Waterloo, offering larger scale unit sizes from 30,000 - 83,400 SF as well as a heavy power supply of 2,700 Amps and a clear height of 18’. All units are in a modern and updated condition with a strong history of leasing success. The building’s location benefits from close proximity to amenities and transit such as the Conestoga & Northfield LRT stations, Conestoga Mall and abundant convenience retail.
Property Facts
| Price | $35,500,000 CAD | Rentable Building Area | 218,373 SF |
| Price Per SF | $162.57 CAD | No. Stories | 1 |
| Sale Type | Investment | Year Built | 1987 |
| Property Type | Industrial | Parking Ratio | 0.89/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 18’ |
| Building Class | B | No. Dock-High Doors/Loading | 5 |
| Lot Size | 10.74 AC | No. Drive In / Grade-Level Doors | 27 |
| Zoning | E3-27 - COMMUNITY INSTITUTIONAL | ||
| Price | $35,500,000 CAD |
| Price Per SF | $162.57 CAD |
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 10.74 AC |
| Rentable Building Area | 218,373 SF |
| No. Stories | 1 |
| Year Built | 1987 |
| Parking Ratio | 0.89/1,000 SF |
| Clear Ceiling Height | 18’ |
| No. Dock-High Doors/Loading | 5 |
| No. Drive In / Grade-Level Doors | 27 |
| Zoning | E3-27 - COMMUNITY INSTITUTIONAL |
Amenities
- Air Conditioning
Fairly walkable
40/100
Exceptionally drivable
100/100
Some public transit
40/100
Fairly bikeable
50/100
(519) 746-6300
x360
Contacts
-
Joe Anstett -
Matthew Hayward -
Michael Lambert -
Whitney & Company Realty Limited
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50 Northland Rd
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