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$2,492,156
Available - For Sale
Listing ID: X12090818
1608 Merivale Road , Meadowlands - Crestview and Area, K2G 3K3, Ottawa
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This offering presents an opportunity to acquire a freestanding, single-tenant property leased to Speedy Auto Service, located at the high-profile intersection of Merivale Rd and Meadowlands Drive in Ottawa's busiest commercial corridors, surrounded by national retailers and high-traffic retail plazas. This property is an ideal investment with an absolute net lease in place.
Price $2,492,156
Taxes: $22562.58
Tax Type: Annual
Occupancy: Tenant
Address: 1608 Merivale Road , Meadowlands - Crestview and Area, K2G 3K3, Ottawa
Postal Code: K2G 3K3
Province/State: Ottawa
Directions/Cross Streets: Meadowlands Drive
Washroom Type No. of Pieces Level
Washroom Type 1 0
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Category: Retail
Use: Automotive Related
Building Percentage: T
Total Area: 4390.00
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Sprinklers: Yes
Washrooms: 0
Heat Type: Gas Forced Air Close
Central Air Conditioning: Yes
Schools

7 public & 7 Catholic schools serve this home. Of these, 9 have catchments. There are 2 private schools nearby.

Parks & Rec

5 tennis courts, 4 playgrounds and 4 other facilities are within a 20 min walk of this home.

Transit

Street transit stop less than a 2 min walk away. Rail transit stop less than 6 km away.

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$
$ /Year
%
$ /Year
$ /Year
$ /Year
Years
%
%
Percent Down:
Down Payment $124,607.8 $249,215.6 $373,823.4 $498,431.2
First Mortgage $2,367,548.2 $2,242,940.4 $2,118,332.6 $1,993,724.8
CMHC/GE $94,701.93 $69,531.15 $59,313.31 $0
Total Financing $2,462,250.13 $2,312,471.55 $2,177,645.91 $1,993,724.8
Monthly P&I $12,150.76 $11,411.63 $10,746.29 $9,838.67
Expenses $0 $0 $0 $0
Total Payment $12,150.76 $11,411.63 $10,746.29 $9,838.67
Income Required $455,653.47 $427,936.09 $402,985.83 $368,950.18

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

$
%
Years
$6,149.17
This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
MARCUS & MILLICHAP REAL ESTATE INVESTMENT SERVICES CANADA IN
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Gaurang Shah
Licenced Realtor
Dir:
416-841-0587
Bus:
905-458-7979
Fax:
905-458-1220
 
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At a Glance:
Type: Com - Commercial Retail
Area: Ottawa
Municipality: Meadowlands - Crestview and Area
Neighbourhood: 7302 - Meadowlands/Crestview
Style:
Lot Size: x 124.00(Feet)
Approximate Age:
Tax: $22,562.58
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
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