Hazeldean Square is a recently constructed and fully leased commercial property in Ottawa's thriving Stittsville suburb.


Property

Website:https://www.nestseekers.com/5608994
Address:
Stittsville - Munster - Richmond K2S 2R2
Canada
Ownership: For Sale
Type: Unknown

Financials

Price:C8,500,000
($5,982,600)
(€5,244,500)
Annual Taxes:C107,501

Description

Hazeldean Square is a recently constructed and fully leased commercial property in Ottawa's thriving Stittsville suburb. The asset comprises two buildings totaling 14,395 sq. ft. of leasable area on a 0.84-acre site, with 62 parking spaces. Built in 2020, the property is 100% occupied by six established tenants, featuring strong national and regional brands, healthcare anchors, and service providers, ensuring stable, diversified income. The property boasts a weighted average lease term (WALT) of 5.7 years, with recent tenant expansions reflecting confidence and long-term commitment. All leases contain incremental rent increases. Located in a high-growth, affluent community, Hazeldean Square benefits from robust local demographics, strong retail demand, and proximity to major amenities. This property offers investors secure, predictable cash flow and long-term upside in one of Ottawa's most dynamic suburban markets.

Contact

Angelo Ferlisi
9 Queen Street Unit 7, Cookstown, Ontario
Phone: