$849,900
4 - 3735 ST JOSEPH BOULEVARD
Beds
—
Baths
—
Sqft
1,296
Year
—
Type
Retail
Suite
Suite potential
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Ottawa. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
About this home
LOCATION! LOCATION! LOCATION! Presenting an extraordinary 1,296 sqft commercial office unit in a highly desirable location, minuets from the new LRT, featuring an operating business with excellent rental income. Located within a state-of-the-art building completed in 2021, this unit offers a professional environment in a meticulously maintained setting.With soaring 12-foot ceilings and expansive windows, the space is bright, open, and inviting. This is a turnkey investment opportunity perfect for a new landlord or an investor seeking immediate, hassle-free income from a well-established tenant. The unit is currently leased under a triple net lease, making this an exceptionally attractive, low-maintenance asset where the tenant is responsible for taxes, maintenance, and insurance.Included are 2 dedicated parking spaces (both owned), along with 2 exclusive spaces for customers providing added convenience for both staff and visitors. A rare chance to own a premium commercial unit with stable returns in a sought-after location. CIP incentive in place for 10 years of on property taxes, 5 years have passed, 5 years remain. (id:65958)
- Subtype
- Retail
- Community
- 1103 - Fallingbrook/Ridgemount
- Living area
- 1,296 square feet
- Lot dimensions
- Bldg=145 x 203 FT
- Parking
- 2 total
- On market
- Jan 22, 2026
- Status changed
- Apr 24, 2026
- Annual tax
- $8,903 (2025)
- Zoning
- Commercial
- Photos
- 2
- MLS#
- X12722690
- Area
- OTTAWA
Features and systems
Heating
Cooling
Lot
Cash on cash
-6.63%
Cap rate
3.54%
GRM
16.7
Break-even rent
$5,239
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 24, 2026.