55 DONALD STREET Winnipeg, MB OFFICE CONDO ...
FOR SALE LEASE
55 Donald Street Winnipeg, MB
55 DONALD STREET Winnipeg, MB OFFICE CONDO REDEVELOPMENT
FOR SALE LEASE
55 Donald Street Winnipeg, MB
PRE-SALE DISCOUNTS AVAILABLE
STRATA TITLE OFFICE UNITS AT THE GATEWAY TO DOWNTOWN LEASE TO OWN OPTIONS AVAILABLE • Units ranging in size from (+/-) 3,699 sf to (+/-) 4,499 sf • Turnkey, modern units available or permit ready shell space with a new, modern HVAC system
• On-site parking available directly around the building with an additional parking lot containing 32 stalls across the street
• Excellent exposure and accessibility • Building signage opportunities • Investment opportunity to acquire tenanted floors (3rd & 5th) or delayed occupancy upon lease expiry
Shell-Ready Price Starting at: $1,072,000.00 Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.
Ryan Munt Sales & Leasing Associate T 204 928 5015 C 204 298 1905 [email protected] Jonathan Tkachuk Alternate Broker T 204 928 5004 C 204 771 7476 [email protected] Cushman & Wakefield Winnipeg 200 - 260 St. Mary Avenue Winnipeg, Manitoba R3C 0M6 T 204 928 5000 F 204 928 5010 www.cushmanwakefieldwinnipeg.ca
FOR SALE LEASE
55 Donald Street Winnipeg, MB
DISTRICTS NO TRE
DA ME
CENTRAL PARK
EXCHANGE DISTRICT
AV E.
. AVE E C I ELL
UNIVERSITY DISTRICT
R PO
S.H.E.D.
BUSINESS DISTRICT
SOUTH BROADWAY
OSBORNE VILLAGE
Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.
ST.BONIFACE
TACHE AVE.
FEDERAL & PROVINCIAL GOVERNMENT
THE FORKS
ST. TH SMI ST. LD NA DO
AY ADW O R B
T. IN S MA
RETAIL DISTRICT
L BLVD. MEMORIA
WEST BROADWAY
G TA
VD. L B ER NCH E V PRO
. VE A E
FOR SALE LEASE
55 Donald Street Winnipeg, MB
FIRST FLOOR
SHELL-READY SPECIFICATION
Unit Area
3,699 sf
Shell-Ready Price
$1,072,000.00
Parking Included
3 stalls surrounding building
Additional Parking
$20,000 per stall
New commercial grade floor coverings.
Zoning
D
Paint ready shell walls.
Possession
Q1 2016
New energy efficient HVAC throughout.
Prospective buyers can choose to purcahse on an "as is" basis (Option A) or a shell-ready (Option B).
EXISTING FLOOR PLAN Option A
New large windows to match curtain wall. Two new accessible washrooms at predetermined locations. New T-Bar ceiling & energy efficient lighting.
New access control system.
SHELL FLOOR PLAN Option B
Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.
FOR SALE LEASE
55 Donald Street Winnipeg, MB
FIRST FLOOR
Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.
FOR SALE LEASE
55 Donald Street Winnipeg, MB
SECOND FLOOR
4,489 sf
SHELL-READY SPECIFICATION
Shell-Ready Price
$1,301,000.00
Two new accessible washrooms at predetermined locations.
Parking Included
3 stalls surrounding building
Additional Parking
$20,000 per stall
Zoning
D
New energy efficient HVAC throughout.
Possession
Q1 2016
New access control system.
Unit Area
New T-Bar ceiling & energy efficient lighting. New commercial grade floor coverings. Paint ready shell walls.
Prospective buyers can choose to purcahse on an "as is" basis (Option A) or a shell-ready (Option B).
EXISTING FLOOR PLAN Option A
SHELL FLOOR PLAN Option B
Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.
FOR SALE LEASE
55 Donald Street Winnipeg, MB
SECOND FLOOR
Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.
FOR SALE LEASE
55 Donald Street Winnipeg, MB
THIRD FLOOR Unit Area
4,493 sf
SHELL-READY SPECIFICATION
Shell-Ready Price
$1,303,000.00
Two new accessible washrooms at predetermined locations.
Parking Included
3 stalls surrounding building
New T-Bar ceiling & energy efficient lighting. New commercial grade floor coverings.
Additional Parking
$20,000 per stall
Zoning
D
New energy efficient HVAC throughout.
Possession
Expiration of Lease
New access control system.
Paint ready shell walls.
Prospective buyers can choose to purcahse on an "as is" basis (Option A) or a shell-ready (Option B).
Investment opportunity with government tenant in place. +/- two years remaining on lease with options to renew. EXISTING FLOOR PLAN Option A
SHELL FLOOR PLAN Option B
Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.
FOR SALE LEASE
55 Donald Street Winnipeg, MB
THIRD FLOOR
Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.
FOR SALE LEASE
55 Donald Street Winnipeg, MB
FOURTH FLOOR
Unit Area
4,490 sf
SHELL-READY SPECIFICATION
Shell-Ready Price
$1,302,100.00
Two new accessible washrooms at predetermined locations.
Parking Included
3 stalls surrounding building
New T-Bar ceiling & energy efficient lighting. New commercial grade floor coverings.
Additional Parking
$20,000 per stall
Zoning
D
New energy efficient HVAC throughout.
Possession
Q1 2016
New access control system.
Paint ready shell walls.
Prospective buyers can choose to purcahse on an "as is" basis (Option A) or a shell-ready (Option B).
Current floor plan allows for two tenants. EXISTING FLOOR PLAN Option A
SHELL FLOOR PLAN Option B
Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.
FOR SALE LEASE
55 Donald Street Winnipeg, MB
FOURTH FLOOR
Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.
FOR SALE LEASE
55 Donald Street Winnipeg, MB
FIFTH FLOOR
Unit Area
4,499 sf
SHELL-READY SPECIFICATION
Shell-Ready Price
$1,304,710.00
Two new accessible washrooms at predetermined locations.
Parking Included
3 stalls surrounding building
New T-Bar ceiling & energy efficient lighting. New commercial grade floor coverings. Additional parking
$20,000 per stall
Zoning
D
New energy efficient HVAC throughout.
Possession
Expiration of Lease
New access control system.
Paint ready shell walls.
Prospective buyers can choose to purcahse on an "as is" basis (Option A) or a shell-ready (Option B).
Investment opportunity with significant improvements in place. +/- three years remaining on lease with an option to renew. EXISTING FLOOR PLAN Option A
SHELL FLOOR PLAN Option B
Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.
FOR SALE LEASE
55 Donald Street Winnipeg, MB
FIFTH FLOOR
Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.
FOR SALE LEASE
55 Donald Street Winnipeg, MB
PARKING PLANS 55 Donald Street
DONALD STREET
• +/- 3 on-site parking stalls
BLDG. ENTRY
4
BUILDING
8
7
6
5
VISTITOR PARKING
LANE WAY
3
and loading parking.
2
LOADING
• Designated visitor
1
included with each unit.
16
15
14
13
12
11
10
9
55 DONALD
Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.
FOR SALE LEASE
55 Donald Street Winnipeg, MB
PARKING PLANS
321 Assiniboine Avenue • 32 surface parking stalls available at $20,000.00 per stall.
Assiniboine
Avenue
32 31
25
19
30
24
18
29
23
17
28
22
16
27
21
15
26
20
14
13 12 11 10 9
7 6
3
2
1
5
0
4
Laneway
55 DONALD
A
32 1 N E IBOI N SSI
Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.
FOR SALE LEASE
55 Donald Street Winnipeg, MB
LEASE VS. OWN There are various reasons why owning office space is beneficial as opposed to leasing. The chart below compares the benefits of ownership. OWN
LEASE
Growing Equity
By investing in real estate, you will be able to create equity.
While renting, you cannot create equity through property, thus no long term economic benefits are attained.
Rental Hikes
Rental hikes will not be a concern and mortgage rates are currently fairly stable.
Rental hikes are beyond your control and left to the Landlord and market to decide.
Operating Costs
Decided by the Condo Board which you can elect to be a part of as well as participate in annual meetings.
Controlled by the Landlord/Management company.
Space Improvement
Improvements completed will increase the value of your investment.
Improvements become part of the space resulting in possible rent increase, only benefitting the Landlord.
Long Term Benefit
Property becomes an investment under your control giving you an option to sell with or without your business, or rent to a user for additional income.
No economic benefits will be carried forward once the lease ends and you no longer occupy the unit.
OWN
2nd Floor
3rd Floor
3,700 SF
4,490 SF
4,493 SF
4,491 SF
4,499 SF
$1,073,000.00
$1,302,100.00
$1,302,970.00
$1,302,390.00
$1,304,710.00
Down Payment (30%)
$321,900.00
$390,630.00
$390,891.00
$390,717.00
$391,413.00
Mortgage Amount
$751,100.00
$911,470.00
$912,079.00
$911,673.00
$913,297.00
Annual Mortgage Cost (P&I)
$52,273.00
$63,434.00
$63,476.00
$63,448.00
$63,561.00
Monthly Mortgage Cost (P&I)
$4,356.00
$5,286.00
$5,290.00
$5,287.00
$5,297.00
Square Footage Purchase Price
1st Floor
4th Floor
5th Floor
LEASE
1st Floor
2nd Floor
3rd Floor
4th Floor
5th Floor
NET Rent ($ psf)
$18.00
$18.00
$18.00
$18.00
$18.00
Annual Net Rent
$66,600.00
$80,820.00
$80,874.00
$80,838.00
$80,982.00
Monthly Net Rent
$5,550.00
$6,735.00
$6,739.50
$6,736.50
$6,748.50
* Mortgage based on 3.5% interest rate, 20 year amortization and 30% down payment. Actual mortgage payments and term will be dependent on qualification of buyer. All information provided in this table is for information purposes only and no reliance should be placed on this information for any possible legal purpose or any circumstance where loss or damage could arise as a result of reliance on this information.
Ryan Munt Sales & Leasing Associate T 204 928 5015 C 204 298 1905 [email protected]
Jonathan Tkachuk Alternate Broker T 204 928 5004 C 204 771 7476 [email protected]
Independently Owned and Operated / A Member of the Cushman & Wakefield Alliance
Cushman & Wakefield Winnipeg 200 - 260 St. Mary Avenue Winnipeg, Manitoba R3C 0M6 T 204 928 5000 F 204 928 5010 www.cushmanwakefieldwinnipeg.ca
55 Donald Street Winnipeg, MB
55 DONALD STREET Winnipeg, MB OFFICE CONDO REDEVELOPMENT
FOR SALE LEASE
55 Donald Street Winnipeg, MB
PRE-SALE DISCOUNTS AVAILABLE
STRATA TITLE OFFICE UNITS AT THE GATEWAY TO DOWNTOWN LEASE TO OWN OPTIONS AVAILABLE • Units ranging in size from (+/-) 3,699 sf to (+/-) 4,499 sf • Turnkey, modern units available or permit ready shell space with a new, modern HVAC system
• On-site parking available directly around the building with an additional parking lot containing 32 stalls across the street
• Excellent exposure and accessibility • Building signage opportunities • Investment opportunity to acquire tenanted floors (3rd & 5th) or delayed occupancy upon lease expiry
Shell-Ready Price Starting at: $1,072,000.00 Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.
Ryan Munt Sales & Leasing Associate T 204 928 5015 C 204 298 1905 [email protected] Jonathan Tkachuk Alternate Broker T 204 928 5004 C 204 771 7476 [email protected] Cushman & Wakefield Winnipeg 200 - 260 St. Mary Avenue Winnipeg, Manitoba R3C 0M6 T 204 928 5000 F 204 928 5010 www.cushmanwakefieldwinnipeg.ca
FOR SALE LEASE
55 Donald Street Winnipeg, MB
DISTRICTS NO TRE
DA ME
CENTRAL PARK
EXCHANGE DISTRICT
AV E.
. AVE E C I ELL
UNIVERSITY DISTRICT
R PO
S.H.E.D.
BUSINESS DISTRICT
SOUTH BROADWAY
OSBORNE VILLAGE
Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.
ST.BONIFACE
TACHE AVE.
FEDERAL & PROVINCIAL GOVERNMENT
THE FORKS
ST. TH SMI ST. LD NA DO
AY ADW O R B
T. IN S MA
RETAIL DISTRICT
L BLVD. MEMORIA
WEST BROADWAY
G TA
VD. L B ER NCH E V PRO
. VE A E
FOR SALE LEASE
55 Donald Street Winnipeg, MB
FIRST FLOOR
SHELL-READY SPECIFICATION
Unit Area
3,699 sf
Shell-Ready Price
$1,072,000.00
Parking Included
3 stalls surrounding building
Additional Parking
$20,000 per stall
New commercial grade floor coverings.
Zoning
D
Paint ready shell walls.
Possession
Q1 2016
New energy efficient HVAC throughout.
Prospective buyers can choose to purcahse on an "as is" basis (Option A) or a shell-ready (Option B).
EXISTING FLOOR PLAN Option A
New large windows to match curtain wall. Two new accessible washrooms at predetermined locations. New T-Bar ceiling & energy efficient lighting.
New access control system.
SHELL FLOOR PLAN Option B
Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.
FOR SALE LEASE
55 Donald Street Winnipeg, MB
FIRST FLOOR
Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.
FOR SALE LEASE
55 Donald Street Winnipeg, MB
SECOND FLOOR
4,489 sf
SHELL-READY SPECIFICATION
Shell-Ready Price
$1,301,000.00
Two new accessible washrooms at predetermined locations.
Parking Included
3 stalls surrounding building
Additional Parking
$20,000 per stall
Zoning
D
New energy efficient HVAC throughout.
Possession
Q1 2016
New access control system.
Unit Area
New T-Bar ceiling & energy efficient lighting. New commercial grade floor coverings. Paint ready shell walls.
Prospective buyers can choose to purcahse on an "as is" basis (Option A) or a shell-ready (Option B).
EXISTING FLOOR PLAN Option A
SHELL FLOOR PLAN Option B
Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.
FOR SALE LEASE
55 Donald Street Winnipeg, MB
SECOND FLOOR
Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.
FOR SALE LEASE
55 Donald Street Winnipeg, MB
THIRD FLOOR Unit Area
4,493 sf
SHELL-READY SPECIFICATION
Shell-Ready Price
$1,303,000.00
Two new accessible washrooms at predetermined locations.
Parking Included
3 stalls surrounding building
New T-Bar ceiling & energy efficient lighting. New commercial grade floor coverings.
Additional Parking
$20,000 per stall
Zoning
D
New energy efficient HVAC throughout.
Possession
Expiration of Lease
New access control system.
Paint ready shell walls.
Prospective buyers can choose to purcahse on an "as is" basis (Option A) or a shell-ready (Option B).
Investment opportunity with government tenant in place. +/- two years remaining on lease with options to renew. EXISTING FLOOR PLAN Option A
SHELL FLOOR PLAN Option B
Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.
FOR SALE LEASE
55 Donald Street Winnipeg, MB
THIRD FLOOR
Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.
FOR SALE LEASE
55 Donald Street Winnipeg, MB
FOURTH FLOOR
Unit Area
4,490 sf
SHELL-READY SPECIFICATION
Shell-Ready Price
$1,302,100.00
Two new accessible washrooms at predetermined locations.
Parking Included
3 stalls surrounding building
New T-Bar ceiling & energy efficient lighting. New commercial grade floor coverings.
Additional Parking
$20,000 per stall
Zoning
D
New energy efficient HVAC throughout.
Possession
Q1 2016
New access control system.
Paint ready shell walls.
Prospective buyers can choose to purcahse on an "as is" basis (Option A) or a shell-ready (Option B).
Current floor plan allows for two tenants. EXISTING FLOOR PLAN Option A
SHELL FLOOR PLAN Option B
Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.
FOR SALE LEASE
55 Donald Street Winnipeg, MB
FOURTH FLOOR
Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.
FOR SALE LEASE
55 Donald Street Winnipeg, MB
FIFTH FLOOR
Unit Area
4,499 sf
SHELL-READY SPECIFICATION
Shell-Ready Price
$1,304,710.00
Two new accessible washrooms at predetermined locations.
Parking Included
3 stalls surrounding building
New T-Bar ceiling & energy efficient lighting. New commercial grade floor coverings. Additional parking
$20,000 per stall
Zoning
D
New energy efficient HVAC throughout.
Possession
Expiration of Lease
New access control system.
Paint ready shell walls.
Prospective buyers can choose to purcahse on an "as is" basis (Option A) or a shell-ready (Option B).
Investment opportunity with significant improvements in place. +/- three years remaining on lease with an option to renew. EXISTING FLOOR PLAN Option A
SHELL FLOOR PLAN Option B
Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.
FOR SALE LEASE
55 Donald Street Winnipeg, MB
FIFTH FLOOR
Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.
FOR SALE LEASE
55 Donald Street Winnipeg, MB
PARKING PLANS 55 Donald Street
DONALD STREET
• +/- 3 on-site parking stalls
BLDG. ENTRY
4
BUILDING
8
7
6
5
VISTITOR PARKING
LANE WAY
3
and loading parking.
2
LOADING
• Designated visitor
1
included with each unit.
16
15
14
13
12
11
10
9
55 DONALD
Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.
FOR SALE LEASE
55 Donald Street Winnipeg, MB
PARKING PLANS
321 Assiniboine Avenue • 32 surface parking stalls available at $20,000.00 per stall.
Assiniboine
Avenue
32 31
25
19
30
24
18
29
23
17
28
22
16
27
21
15
26
20
14
13 12 11 10 9
7 6
3
2
1
5
0
4
Laneway
55 DONALD
A
32 1 N E IBOI N SSI
Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.
FOR SALE LEASE
55 Donald Street Winnipeg, MB
LEASE VS. OWN There are various reasons why owning office space is beneficial as opposed to leasing. The chart below compares the benefits of ownership. OWN
LEASE
Growing Equity
By investing in real estate, you will be able to create equity.
While renting, you cannot create equity through property, thus no long term economic benefits are attained.
Rental Hikes
Rental hikes will not be a concern and mortgage rates are currently fairly stable.
Rental hikes are beyond your control and left to the Landlord and market to decide.
Operating Costs
Decided by the Condo Board which you can elect to be a part of as well as participate in annual meetings.
Controlled by the Landlord/Management company.
Space Improvement
Improvements completed will increase the value of your investment.
Improvements become part of the space resulting in possible rent increase, only benefitting the Landlord.
Long Term Benefit
Property becomes an investment under your control giving you an option to sell with or without your business, or rent to a user for additional income.
No economic benefits will be carried forward once the lease ends and you no longer occupy the unit.
OWN
2nd Floor
3rd Floor
3,700 SF
4,490 SF
4,493 SF
4,491 SF
4,499 SF
$1,073,000.00
$1,302,100.00
$1,302,970.00
$1,302,390.00
$1,304,710.00
Down Payment (30%)
$321,900.00
$390,630.00
$390,891.00
$390,717.00
$391,413.00
Mortgage Amount
$751,100.00
$911,470.00
$912,079.00
$911,673.00
$913,297.00
Annual Mortgage Cost (P&I)
$52,273.00
$63,434.00
$63,476.00
$63,448.00
$63,561.00
Monthly Mortgage Cost (P&I)
$4,356.00
$5,286.00
$5,290.00
$5,287.00
$5,297.00
Square Footage Purchase Price
1st Floor
4th Floor
5th Floor
LEASE
1st Floor
2nd Floor
3rd Floor
4th Floor
5th Floor
NET Rent ($ psf)
$18.00
$18.00
$18.00
$18.00
$18.00
Annual Net Rent
$66,600.00
$80,820.00
$80,874.00
$80,838.00
$80,982.00
Monthly Net Rent
$5,550.00
$6,735.00
$6,739.50
$6,736.50
$6,748.50
* Mortgage based on 3.5% interest rate, 20 year amortization and 30% down payment. Actual mortgage payments and term will be dependent on qualification of buyer. All information provided in this table is for information purposes only and no reliance should be placed on this information for any possible legal purpose or any circumstance where loss or damage could arise as a result of reliance on this information.
Ryan Munt Sales & Leasing Associate T 204 928 5015 C 204 298 1905 [email protected]
Jonathan Tkachuk Alternate Broker T 204 928 5004 C 204 771 7476 [email protected]
Independently Owned and Operated / A Member of the Cushman & Wakefield Alliance
Cushman & Wakefield Winnipeg 200 - 260 St. Mary Avenue Winnipeg, Manitoba R3C 0M6 T 204 928 5000 F 204 928 5010 www.cushmanwakefieldwinnipeg.ca
