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Investment Highlights
- Brick Building
- 1st Horizon Bank on the corner
- In a cove with other similar buildings
Executive Summary
This well-positioned brick office/medical building offers an excellent opportunity for both growing practices and savvy investors. Located in a quiet cove surrounded by similar properties and just steps from a corner bank, it combines convenience with a professional setting. With 3,152 square feet of flexible space, ample parking, and an attractive price of $450K, this property is a smart investment for professionals looking to expand or capitalize on future growth.
Financial Summary (Actual - 2022) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$65,746
|
$20.79
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$65,746
|
$20.79
|
| Taxes |
$7,906
|
$2.50
|
| Operating Expenses |
$7,259
|
$2.30
|
| Total Expenses |
$15,165
|
$4.80
|
| Net Operating Income |
$50,581
|
$16.00
|
Financial Summary (Actual - 2022)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $65,746 |
| Annual Per SF | $20.79 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $65,746 |
| Annual Per SF | $20.79 |
| Taxes (CAD) | |
|---|---|
| Annual | $7,906 |
| Annual Per SF | $2.50 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $7,259 |
| Annual Per SF | $2.30 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $15,165 |
| Annual Per SF | $4.80 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $50,581 |
| Annual Per SF | $16.00 |
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
3,162 SF
Building Class
C
Year Built
1993
Price
$616,369 CAD
Price Per SF
$194.93 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
3,162 SF
Building FAR
0.15
Lot Size
0.50 AC
Zoning
OG - Office
Parking
30 Spaces (7.33 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Signage
1 1
Moderately walkable
60/100
Very drivable
80/100
Limited public transit
20/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 09-3500-0-0420 | Total Assessment | $141,458 CAD (2025) |
| Land Assessment | $68,665 CAD (2025) | Annual Taxes | $7,906 CAD ($2.50 CAD/SF) |
| Improvements Assessment | $72,793 CAD (2025) | Tax Year | 2022 |
Property Taxes
Parcel Number
09-3500-0-0420
Land Assessment
$68,665 CAD (2025)
Improvements Assessment
$72,793 CAD (2025)
Total Assessment
$141,458 CAD (2025)
Annual Taxes
$7,906 CAD ($2.50 CAD/SF)
Tax Year
2022
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6616 Kirby Center Cv
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