Prepared for Cedarview Animal Hospital

Post-Meeting Review & Development Roadmap

Owner-User Land Acquisition & Build-to-Suit — Barrhaven

A summary of your goals, the land search process, the development team, and a financing path to bring to your ownership group.

Presented by
Wesley Stinson
Commercial Real Estate Advisor, Tenant Representation
Royal LePage Commercial · Stinson Commercial
www.stinsoncommercial.ca
June 2026
What we heard

Your goals, in your words

From our meeting: Cedarview wants to stop renting and own a purpose-built clinic that anchors the practice in Barrhaven for the next generation of ownership.

Own, don't rent

  • End landlord and rent-escalation risk
  • Anchor the practice's long-term community home
  • Real estate as a defense against corporate roll-up of independent clinics

Room to grow

  • Current 6,000 SF is at capacity
  • Target 10,000–12,000 SF new build
  • Second level for staff offices + storage (currently renting a locker)

Build to spec

  • Ground-floor clinical: exam, surgery, treatment, rehab
  • Six exam rooms; adding urgent care
  • Capacity for ~8–10 patients and 30 staff at once

Build requirements at a glance

The criteria that define a qualifying site — and the dealbreakers we screen out before you ever see a parcel.

Size
10,000–12,000 SF new build (up from 6,000 SF today); two storeys, clinical ground floor + offices/storage above
Location
Barrhaven only — proximity to the existing Strandherd Drive client base preferred; stay clear of competing hospitals
Lot & parking
Minimum 0.75 acres; ~20–30 surface stalls for 30 staff plus simultaneous patient vehicles
Zoning
Must permit an Animal Hospital use outright — no rezoning. Land budget ~$1.5M
Timeline
Be in the new facility before the 2029 lease expiry; ~2–3 year development cycle. Renewal stays a parallel fallback
The search process

How we find and vet the right land

A repeatable, owner-protective process — not a listing search. Every candidate parcel is filtered against your requirements before it reaches your desk.

01

Define the buy-box

Translate your 5W brief into hard screening criteria: Barrhaven, ≥0.75 acres, Animal Hospital permitted, parking, budget.

02

Source parcels

Active listings, off-market land, and direct owner outreach across the Barrhaven / Strandherd corridor — including raw land and repurpose candidates.

03

Zoning & due diligence

Confirm zone and subzone on GeoOttawa, screen overlays (floodplain, airport), and flag rezoning risk before any offer.

04

Shortlist & model

Present 2–4 vetted parcels with a rent-vs-own comparison so the ownership group can decide with numbers, not guesswork.

Where a vet clinic is permitted in Ottawa

Choosing the right zone up front avoids a costly, multi-month rezoning. Light Industrial is the cleanest path to an Animal Hospital build.

IL — Light Industrial

The recommended target zone
  • Both Animal Hospital and Animal Care Establishment are permitted outright — no rezoning
  • No size/GFA cap on the veterinary use
  • Minimum lot area 2,000 m² (~0.49 acres); max lot coverage 65%
  • Parking is easily met on a 0.5–1.5 acre surface site
  • Phase I Environmental likely required (also a BDC condition)

Other zones & cautions

GM / AM — also permit the useCover Strandherd-type corridors; good for high visibility but watch subzone size limits
LC — Local CommercialPermitted but capped at ~900 m² per unit — too small for the flagship build
IG — General Industrial: check the subzoneIG1 and IG5 prohibit animal care — always verify on GeoOttawa before an offer
New By-law 2026-50 is phasing inThe more restrictive of the two by-laws applies — we check both maps

Source: City of Ottawa Zoning By-law 2008-250 · Engage Ottawa — By-law 2026-50

The development cycle, end to end

Land to opening involves 6–8 disciplines in sequence. No single licence covers all of it — which is why someone has to quarterback the process.

1

Site selection & due diligence

Zoning, GeoOttawa, title, Phase I ESA

2

Land purchase

Negotiation & Agreement of Purchase and Sale

3

Planning approvals

Site Plan Approval, variance, City pre-consult

4

Civil & servicing

Grading, drainage, stormwater, road access

5

Architectural design

Floor plan, specialty vet layout, code

6

Structural / M / E

Engineering drawings for building permit

7

Building permit

Submission & response to City comments

8

Construction

Tender, CM/GC, supervision, CCDC contracts

9

Fit-up & commissioning

Equipment install, HVAC, occupancy permit

Building your team

Three hires — and we make the introductions

"Your broker gets you the right land at the right price. Your planner gets it approved. Your design-build firm builds it to spec. You make three hires — and I connect you to the right people."

Step 1

Broker (us)

Site selection, land negotiation, and the rent-vs-own business case.

Who we'd point you to:
Stinson Commercial · Royal LePage Commercial
Step 2

Land Use Planner

Confirms zoning, runs Site Plan Approval and City pre-consultation. Hire before any purchase.

Step 3

Design-Build Firm

Designs and builds the clinic under one contract, including specialty vet fit-up.

Run in parallel: a real estate lawyer (land + ownership structure) and your financing stack (BDC + chartered bank).

Financing the build: why BDC matters

The Business Development Bank of Canada is built to fund the gap a chartered bank won't — including the specialty fit-up that makes a vet clinic expensive.

Up to 100%

of total project cost financeable — land, construction, fit-up, working capital

vs. 75–80% LTV at a chartered bank
Up to 36 mo.

interest-only at the start — you don't repay principal before the clinic opens

Aligned to a 2–3 year build
Up to 25 yr.

amortization keeps monthly debt service manageable for a busy multi-vet practice

Longer than the 15–20 yr bank norm

How the 100% structure works

  • A specialty-use building (medical/vet) is harder to resell, so banks discount it and cap lending at 75–80% — leaving you 20–25% cash equity.
  • BDC complements the bank, often sitting in a subordinate position to bring the blended loan-to-value to 90–100%.
  • Crucially, BDC's "project cost" includes the specialized fit-up — surgical suites, plumbing, HVAC, rehab equipment — that a conventional mortgage won't cover.
  • Pair it with the BDC Equipment Loan (up to 125% of cost) for imaging, dental, and rehab equipment.

Source: BDC — Commercial real estate financing · BDC — Equipment financing

Where we go from here

Recommended next steps

1

Deliver a Barrhaven land survey

We pull 2–4 vetted parcels — already zoned to permit an Animal Hospital — plus 1–2 repurpose candidates in your budget.

2

Introduce a Land Use Planner

An early zoning confirmation and pre-consultation with the City de-risks any parcel before you commit.

3

Connect with BDC Ottawa

A no-cost, no-credit-impact intro call builds the financing case in parallel with the land search (1-877-232-2269).

4

Engage Design Build Firms

Begin early conversations with design-build firms experienced in specialty veterinary fit-up.

5

Build the rent-vs-own model

A 20-year ownership comparison you can take straight to the ownership group to make the internal business case.