Market Survey Overview
Prepared exclusively for YN, this tailored real estate market analysis highlights premier commercial office leasing opportunities across Ottawa. Grounded by your targeted criteria, priorities emphasize high-quality spaces, fully built-out turnkey configurations, and optimal operational layouts on non-ground floors.
Survey Constraints Met:
- Strict non-ground level preferences achieved.
- Sized efficiently around your target threshold (~2,400 sq ft and under).
- Options strongly indexed on turnkey, fully finished status.
Market Ranking & Comparison Table
Prioritized rankings focusing on ready-to-move-in availability, suite size metrics, and localized workplace value.
| Rank | Building Address | Suite | Size (SF) | Condition | Floor Level | Quick Notes |
|---|---|---|---|---|---|---|
| 1 | 411 Roosevelt Ave | Ste 309 | 2,141 | Fully Built-Out | 3rd Floor | Top Pick. Ideal size balance, fully finished corner suite in a trendy, highly connected Westboro location. |
| 2 | 885 Meadowlands Dr | Ste 302 | 1,737 | Fully Built-Out | 3rd Floor | Excellent mid-size layout. Highly convenient building with daily janitorial and utilities explicitly included. |
| 3 | 370 Churchill Ave N | Ste 301 | 1,150 | Fully Built-Out | 3rd Floor | Efficient, office-intensive turnkey layout. Includes 2 rare dedicated parking spots right in Westboro. |
| 4 | 411 Roosevelt Ave | Ste 300 | 1,261 | Partially Built-Out | 3rd Floor | Great smaller option in a premium Westboro building; may require minimal cosmetic touch-ups to finish. |
| 5 | 885 Meadowlands Dr | Ste 400A | 1,435 | Built-Out | 4th Floor | Solid alternative in the same plaza if a higher floor or slightly smaller square footage is preferred. |
| 6 | 333 Preston St | Ste 820 | 2,416 | Shell Space | 8th Floor | Trophy building with incredible views, but exceeds the 2,400 SF cap and requires a complete custom build-out. |
Market Options Analysis
Option 1: 411 Roosevelt Avenue
A modern, beautifully renovated 4-story commercial building located in the heart of Westboro. Features excellent natural light, professional lobby, on-site bakery/coffee shop, and fitness center. Quick access to Hwy 417 and future LRT.
- Other Units: Suite 300 (1,261 sq ft, 3rd floor, partial build-out).
- Edge: Automatic Westboro Village BIA membership included, boosting brand marketing and networking.
Option 2: 885 Meadowlands Drive
A prominent 5-story brick professional building situated at the bustling corner of Meadowlands Drive and Prince of Wales Drive (Rideauview Plaza). Highly convenient service hub anchored by Passport Canada, BMO, and Tim Hortons.
- Other Units: Suite 400A (1,435 sq ft, 4th floor).
- Perks: Daily cleaning services and utilities are fully included. Exceptional bikeability rating (90/100).
Option 3: 370 Churchill Avenue North
A standalone, professional 3-story Class C office building located steps away from Westboro's primary retail and dining strip along Richmond Road. Features a practical corporate environment with accessible surface parking.
- Layout: Office-intensive design pairing private offices with open collaborative workspace.
- Bonus: Expansive windows providing great natural light and two dedicated on-site surface parking stalls.
Option 4: 333 Preston Street
Preston Square (Tower 1) is a prestigious high-end trophy asset in Little Italy along the Queensway corridor. Premium corporate complex featuring a central courtyard, food court, property management, and top-tier security infrastructure.
- Design Note: Marginally above target size limits; layout is shell space ready for custom fit-up.
- Views: Offers spectacular northeast vistas of the Gatineau Hills and Downtown Ottawa.
Option 5: 560 Rochester Street
Carling Square I is a 6-story Class B office building positioned directly across from Dow's Lake. Swift access to Highway 417 and under ten minutes from the airport via Bronson Avenue. Equipped with heavy computing infrastructure.
- Other Units: Massive floor footprints available (up to ~8,900 SF) but highly tailorable to YN's space targets.
- Surroundings: Sits next to Commissioners Park and scenic waterfront pathways for maximum employee work-life balance.
Option 6: 1127-1129 Carling Avenue
A charming professional 3-story character building embodying the warmth of a classic Old Ottawa home, featuring custom mouldings and decorative fireplaces. Positioned directly across from the Central Experimental Farm.
- Other Units: 1st Floor (1,333 SF) is also available and can be combined for 2,666 total SF.
- Value Adds: Free surface parking with 3 dedicated stalls and a bonus 1,136 SF basement storage area at no added cost.
Option 7: 280 Albert Street
The Concord Building is a 10-story Class B office tower in the absolute center of Ottawa's Downtown Core. Exceptional 100/100 transit score, setting it a brief 4-minute walk to both Lyon and Parliament LRT stations.
- Other Units: High core availability including Ste 705 (1,750 SF), Ste 803 (2,417 SF), and Ste 902 (2,014 SF).
- Rent: Heavily markets the lowest gross office rents across downtown with access to shared conference spaces and fitness center.
Option 8: 280 Metcalfe Street
The Colonnade Building is a 5-story mid-rise corporate asset at the corner of Metcalfe and Gilmour. On-site cafe and surface/covered parking available. Exceptionally popular with professional firms and associations.
- Other Units: Suite 401 (1,200 SF) can be combined with Suite 402 for up to 3,200 contiguous SF.
- Lease Structural: Absolute true gross lease, incorporating all utilities, building services, and maintenance variables.