The subject property is a 4 storey Office building with approx. 38,872 sq ft gross floor area. Zoning is CBD which includes professional offices, medical and dental offices, banks, restaurants, clinics etc. The building sits on a 0.9 acres plot of land, has 56 parking spaces. The building is serviced by a hydraulic elevator. The building is partially leased with a variety of professional office. The minimum demisable area is approximately 992 sq ft. A full floor has 9,706 sq ft of usable floor area, exclusive of common hall way and washroom which could add an additional 15%+/- for exclusive use. Basic Rent is set at $10.00 per sq ft per annum on a fully Net basis and subject to an annual increase equal to the Change in the CPI index for Canada. TMI estimate for 2023 is $10.99 per sq ft per annum subject to adjustment to actual annually. (id:15472)
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The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®).
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®).
