West Centre Town K1R 6S3
Canada

Property

Ownership: For Sale
Type: Unknown

Financials

Price:C2,600,000
($1,859,500)
(€1,603,400)
Annual Taxes:C31,150
Angelo Ferlisi
9 Queen Street Unit 7, Cookstown, Ontario
Phone:

Tremendous value in this architecturally stunning, all brick asset in the heart of one of Ottawa's most dynamic central neighborhood nodes.

    Description

    Tremendous value in this architecturally stunning, all-brick asset in the heart of one of Ottawa's most dynamic central neighborhood nodes. 43-45 Eccles is a meticulously maintained, fully renovated 2-storey heritage-style building plus finished lower level, featuring soaring ceilings, oversized windows on all sides, secure FOB access, and 11 on-site parking spaces. A rare bonus: a separate stand-alone retail building with its own entrance that is also connected to the main building-ideal for a range of uses and/or a distinct tenant profile. The main floor is completely renovated in a modern, "tech-style" layout with glass partitions, meeting rooms/boardroom capability, kitchen/lunch area, washrooms, and a striking mezzanine element with additional office space. The second level offers an inspiring open concept with high ceilings, huge windows, additional meeting space, washrooms, and kitchenette-perfect for office, studio/creative, wellness, or even congregation-style users. The stand-alone retail component is versatile, bright, and open with high ceilings, 3 offices, kitchenette, and two fully renovated washrooms. Flexible acquisition strategy: 1. Vacant possession available for an owner-occupier, or 2. Fully leased scenario would deliver an NOI of $220,550 equating to an approx. 8.5% cap rate at $2.6M (buyer to verify). Central location between major urban districts with quick access to downtown, transit/LRT, and key commuter routes. A true trophy building with real usability-owner-occupy part (or all) and offset carrying costs, or hold as a stabilized, character-rich investment.

    Amenities

    • Available
    • Major Highway
    • Public Transit

    All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

    All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.