495 Richmond Road is best-in-class in terms of the office space, location, and amenities it offers to tenants. 495 Richmond is located in Ottawa’s Westboro Village, a community that has, and is, experiencing the benefits of significant rejuvenation. 495 Richmond Road is on a major east-west arterial, is walking distance to a first-class transit station and system, has easy access to the Queensway (Hwy 417), is minutes from the downtown core, and borders on nearby mature residential communities. It is surrounded by retail shopping, exceptional restaurants and abuts a National Capital Commission (NCC) parkland offering a full complement of outdoor activities. The views of the Ottawa River and the Gatineau Hills from the property are nothing short of superb. Canderel took ownership of the property in January 2005 and proceeded to completely renovate the building. Originally built in 1983, the building can accommodate a single tenant or multi-tenant scenario. Situated on 1.86 acres, this 118,000 sq. ft. Class ‘A’ office building currently offers 200 underground parking stalls and 40 above-ground parking spaces. At acquisition, Canderel parceled off surplus land and utilized excess density to create two adjacent development sites. A six-storey 5-star retirement residence, Amica at Westboro Park, was developed on one site (491 Richmond Road) and a future 24 storey residential tower that is presently in the pre-sales stage (485 Richmond Road). Canderel manages this property on behalf of Artis REIT.
|McLarty & Co|
|Canadian Institute for Health Information|
|Strength Tek Fitness|
|Compass Group Canada|
|Service De La Sante Ville|
|Ottawa Subcity Ofc-Child Care|
|Ottawa-Carleton Health Dept|
|Canderel Stoneridge Equity Grp|
Median rate is a number derived from the median rate of listings posted on 42floors and reports from thought leaders in the area.