$28/sqft
For rent: Other

A high-traffic retail strip mall on St Joseph Blvd in Orleans, in the east end of Ottawa. This is a well-managed building that offers great exposure and on-site parking. Ideal for retail, office, fitness, and professional services. We have one unit remaining at the West end of the building. The space is 1,832 SF. The property has excellent sign visibility from the road with a large sign box directly on each unit. The leases at the property are triple net with a base rent of $28.00 per square foot for the first year, with annual escalations. The building's operating costs are currently $15.00 per square foot. Tenants will pay for their hydro, gas, and water in addition to the rent. Parking is included at no additional charge. The pylon sign rental is $75 per month. The interior of the space has been restored to its original base building form, providing an open canvas for the next tenant to complete their interior fit-up. One bathroom will be provided. New windows are being installed on the front of the unit to update the space.
Sold data
Other homes in Ottawa took a median of 28 days to sell over the last 730 days, with the quickest quarter selling within 11 days and the slowest quarter taking more than 58, across 45 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 35 days.
The median sale price was $799,000.
Homes sold for about 2.5% below asking on average, so there was room to negotiate.
About 13% of sales closed above the list price.
Around 20% of sellers reduced their price before finding a buyer.
Based on 45 recorded sales in the last 2 years — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Ottawa has 217 Fraser Institute–rated schools (174 elementary and 43 secondary), averaging 6.2/10.
School ratings from the Fraser Institute's Ontario school report cards.
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