TWENTY-TWO 83 WORKSPACE CONDOMINIUMS
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1 PURCHASE OPPORTUNITY 2283 ST. LAURENT BLVD, OTTAWA TWENTY-TWO 83 WORKSPACE CONDOMINIUMS
2 TWENTY-TWO 83 Workspace Condominiums is an excellent investment opportunity to improve your business platform and build equity through ownership. GROUND FLOOR - ARTIST'S RENDERING* 2 TWENTY-TWO 83 WORKSPACE CONDOMINIUMS
3 TWENTY-TWO 83 One-Of-A-Kind Ownership in the St. Laurent Business Park TWENTY-TWO 83 Workspace Condominiums, located within the St. Laurent Business Park, is a 3 storey, 30,500 square foot building delivering 21 modular customizable units ranging between 690 1,804 SF with full floor occupancy option. This professional office condo complex, one of the first of its kind, presents an excellent opportunity to own and brand your business in a Class A environment. With an abundance of dedicated on-site parking and a full complement of first class amenities within the complex, TWENTY-TWO 83 offers quality features valuable to your employees and your customers. A prominent location within the St. Laurent Business Park makes TWENTY-TWO 83 highly sought-after by a variety of users. The various unit sizes allow potential users a single space best suited to their needs or a cluster of contiguous units providing both size and flexibility. Talk to the experts. Please call to arrange a visit to our on-site sales office for key information about the meticulous building maintenance and other important purchase details. WALKLEY ROAD ST. LAURENT BOULEVARD SECOND FLOOR - ARTIST'S RENDERING* YOUR WORKSPACE UNIT & Twenty-Two 83 Workspace BUILDING AMENITIES INCLUDE: Selection of open and enclosed Condominiums is an excellent office units Ample on-site parking: 100+ spaces investment plus 20 dedicated opportunity visitor stalls to 9' ceiling height complete with acoustic ceilings, HVAC and lighting improve your business Upgraded washroom and elevator access to all floors platform and build equity And more through ownership. TWENTY-TWO 83 WORKSPACE CONDOMINIUMS 3
4 FLOOR PLANS PROPOSED CONDOMINIUM OFFICE UNITS GROUND FLOOR NOTES Office Unit Useable Area (SF) Purchase Price 101 1,804 $654, ,433 $535, ,350 $511, $254, ,767 $646, ,333 $494, Office Unit Useable Area (SF) Purchase Price 201 1,136 $419, ,388 $509, ,389 $509, $344, ,304 $474, ,238 $450, ,021 $368,000 2ND FLOOR Office Unit Useable Area (SF) Purchase Price 301 1,136 $424, ,353 $507, ,300 $473,000 SEE EXAMPLE $319, $334, ,213 $457, ,325 $497, ,021 $383,000 3RD FLOOR TWENTY-TWO 83 WORKSPACE CONDOMINIUMS
5 OWNERSHIP ADVANTAGES IT'S YOUR BUSINESS - OWN IT AT TWENTY-TWO 83 WORKSPACE CONDOMINIUMS Build owner equity as an $118,250 investment (assume 25% down payment of purchase price: $473,000) creates over $500,000 (estimated) of value Seize low mortgage rate climate and translate rental payments into a mortgage that is comparable to rent Invest in your space knowing these interior fixtures and improvements are worthwhile and create additional value to your unit, given these items typically become the landlord's property at the end of a lease Enjoy the freedom to alter your space over time Take advantage of flexibility by purchasing two or more adjacent units as owners can rent out additional space, choose to expand into it, refinance any number of units, and strategically sell a unit when best suited Benefit from unique condominium amenities, such as a boardroom with caterer's bar, meeting room, and private shower facilities BOARDROOM - ARTIST'S RENDERING* EXAMPLE OF OWNERSHIP ADVANTAGES VS. LEASING Assume Purchase of Unit 303 (size: 1,300 SF) OWN RENT Purchase Price $473,000 - Down Payment: Assume 25% of Purchase Price $118,250 - Net Cost per SF / Year $16.81 $14.50 Monthly Net Payments (Note 1) $1,821 $1,571 Differential in Monthly Outlay $250 - Annual Net Payments $21,851 $18,850 Total Net Payments over 10 Years $0 $188,500 Equity in Unit Over 10-Years Less Mortgage Repayment (Note 2) $324,175 - Value to Owner (Difference of Buy vs. Lease) $512,675 - Note (1): P+I Debt Service payments based on 3.75% and 25 year amortization; and Net Effective Rent $14.50 per SF average, 10 Year Lease Term Note (2): Unit Valuation estimated at 2.5% inflation compounded annually TWENTY-TWO 83 WORKSPACE CONDOMINIUMS 5
6 HIGHLIGHTS HIGHLIGHTS 3 storey, 30,500 SF building Units ranging between 690-1,804 SF Single unit to whole floor purchase opportunity Office unit entrances with programmable security Unit interiors and flooring are decorator ready On-site bike racking and shower facilities 3 parking stalls per 1,000 sf provided (excluding visitor spaces; additional parking available) New and renovated common area and amenity space Finished boardroom with caterer's bar Meeting room Pad mounted 150 kw backup generator Well serviced by public transit Zoned IL - Light Industrial Convenient access to Hunt Club Road, Highway 417 and the Ottawa International Airport Proximity to many restaurants and amenities, including Rexall, Tim Hortons, Boston Pizza, GoodLife Fitness, Metro, LCBO etc. Move in Spring TWENTY-TWO 83 WORKSPACE CONDOMINIUMS
7 LOCATION DIAGRAM PURCHASE OPPORTUNITY TWENTY-TWO 83 WORKSPACE CONDOMINIUMS OFFICE CONDOMINIUMS FROM 690 SF - 1,804 SF Ground Floor Second Floor Third Floor Actual layouts will be similar to artist s and/or Vendor s architect s concept but may not be exactly the same. The Vendor reserves the right to substitute any materials used in construction of the unit provided that such substituted materials are of equal or better quality than those represented to the Purchaser. The Vendor further reserves the right to make minor changes or modifications in the plans and specifications at its discretion. The determination of whether or not the changes or modifications are minor shall be made by the Vendor s architect whose determination shall be final and binding. Brittany Wilson* Michael Pyman** *Sales Representative ** Senior Sales Representative You Are Here Transportation Ample parking on site and excellent access via public transit Amenities Minutes from local amenities such as Farm Boy, Giant Tiger, Metro Grocery, and Goodlife Fitness. Local Business Over 500 neighbouring businesses within the immediate area. TWENTY-TWO 83 WORKSPACE CONDOMINIUMS 7
8 CONTACT BRITTANY WILSON* CUSHMAN AND WAKEFIELD 99 Bank Street, Suite 700 Ottawa, ON K1P 6B9, Canada MICHAEL PYMAN** COLLIERS INTERNATIONAL 340 Albert Street, Suite 930 Ottawa, ON K1R 7Y6, Canada TWENTY-TWO 83 WORKSPACE INTERIOR DESIGN AND RENDERINGS PROVIDED BY: CONDOMINIUMS *E&OE Actual layouts will be similar to artist s and/or Vendor s architect s concept but may not be exactly the same. The Vendor reserves the right to substitute any materials used in construction of the unit provided that such substituted materials are of equal or better quality than those represented to the Purchaser. The Vendor further reserves the right to make minor changes or modifications in the plans and specifications at its discretion. The determination of whether or not the changes or modifications are minor shall be made by the Vendor s architect whose determination shall be final and binding. This document/ has been prepared for advertising and general information only. This document is not an offer or promise to purchase, but is an invitation to submit an offer or promise to purchase. No guarantees, representations or warranties of any kind, expressed or implied, are made regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Excluding unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excluding all liability for loss and damages arising there from. This publication is copyrighted property All rights reserved. This communication is not intended to cause or induce breach of an existing listing agreement. *Sales Representative ** Senior Sales Representative
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