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$ 11,000,000
Est. payment | /mo
48,914 SqFt
$ 11,000,000
Est. payment | /mo
48,914 SqFt
Key Details
Property Type Commercial
Sub Type Investment Property,Office(s),Retail
Listing Status Active
Purchase Type For Sale
Square Footage 48,914 sqft
Price per Sqft $224
MLS Listing ID 26009923
Construction Status Approximate
Year Built 1926
Annual Tax Amount $369,565
Tax Year 2026
Property Sub-Type Investment Property,Office(s),Retail
Source WESC
Property Description
Buckingham Realty (Windsor ) Ltd is pleased to offer for sale a
100% freehold interest in 245 Ouellette Avenue (the "Property")
which is situated on 0.441 acres in the heart of downtown Windsor.
Comprised of 48,914 sq.ft. over three floors, the 1st and Second
floors are occupied by Royal Bank of Canada (RBC), a proven 'AAA'
covenant, and has recently executed a 5-year lease extension, which
commenced in May 2025, with 1 x 5-year options to extend remaining
upon its expiry. RBC has been a long-standing tenant at the site
since 2000. This is the main branch for RBC and RBC Commercial
Banking, for the area, and in addition provides traditional retail
branch services. The Third Floor is 63% occupied by Expeditors
Canada Inc., Expeditors is an international logistics company with
over 350 locations world wide. A new 5 year lease has been executed
which commenced March 2026. The Remaining 6,637 sq. ft. is comprised
of 2 finished units.
100% freehold interest in 245 Ouellette Avenue (the "Property")
which is situated on 0.441 acres in the heart of downtown Windsor.
Comprised of 48,914 sq.ft. over three floors, the 1st and Second
floors are occupied by Royal Bank of Canada (RBC), a proven 'AAA'
covenant, and has recently executed a 5-year lease extension, which
commenced in May 2025, with 1 x 5-year options to extend remaining
upon its expiry. RBC has been a long-standing tenant at the site
since 2000. This is the main branch for RBC and RBC Commercial
Banking, for the area, and in addition provides traditional retail
branch services. The Third Floor is 63% occupied by Expeditors
Canada Inc., Expeditors is an international logistics company with
over 350 locations world wide. A new 5 year lease has been executed
which commenced March 2026. The Remaining 6,637 sq. ft. is comprised
of 2 finished units.
Location
Province ON
Zoning C 3.1
Interior
Heating Air Conditioned, Forced Air
Cooling Air Conditioned, Forced Air
Flooring Carpeted, Ceramic or Porcelain
Exterior
Roof Type Other, See Remarks
Building
Sewer Sanitary
Construction Status Approximate
Listed by BUCKINGHAM REALTY (WINDSOR) LTD.
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