Property Highlights:

Rideau Street is one of the busiest roadways in Ottawa’s east end; it is used extensively by commuters coming from Gatineau and is also a main public transit hub with numerous bus routes and connection points. Nearby amenities and attractions include: Rideau Shopping Centre, Byward Market, National Art Gallery, Conference Centre and the Rideau Canal. Just south of Rideau Street is the Sandy Hill neighbourhood, home to the University of Ottawa and by extension a large percentage of post-secondary students.

• Ground floor units available in newly built 197-unit residential condominium

• Over 1,000 new residential/condo units in the neighbourhood

• Close proximity to new student residences including the 518-bed Annex Residence and Theo Residence

• Within walking distance of Sandy Hill and the Byward Market, and close to University of Ottawa and Parliament Hill

• Storefront signage, storage and parking available

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Terms:

•Timing: Immediate

•Size approx.: 1257sf (unit 4)

•Term: 5+5 yr renewal

•Monthly approx. rent:$5,334.92

Rent estimate includes TMI – Subject to Utilities and TAX

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Investment Estimate:

•Construction: $145,000-$250,000

•Inventory: $15,000-$30,000

Construction, equipment& inventory cost varies by concept, space, &condition

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