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Accelerator Building 295 Hagey Blvd 93,657 SF 63% Leased Office Building Waterloo, ON N2L 6R5 $14,888,626 USD ($158.97 USD/SF) 2.71% Cap Rate

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EXECUTIVE SUMMARY

295 Hagey Boulevard is a 3-storey commercial building with over 92,000 SF of modern space.
The Accelerator Building is located in the heart of the David Johnston Research + Technology Park. This beautiful property stands proudly among a number of tech-forward buildings. The gorgeous landscaping continues onto the roof of the building with a active green roof. The property has numerous amenities on site including a large dedicated surface parking lot that easily accommodates tenants and visitors, and secure bike storage.
Large offerings are available at the Accelerator Building ranging from 7,000 SF to 35,053 SF, with full floor options available.
In the heart of Canada’s Technology Triangle, Waterloo Region has become known as one of the top areas in the world for innovation and vibrant research and technology. Integrated with the Toronto-Waterloo “Innovation Corridor”, CTT remains one of the most prosperous places in the country to work and live. The Region is supported by three highly ranked post-secondary institutions with more than 100,000 students producing a highly skilled labour force and access to top talent. Waterloo Region is strategically located just minutes from Highway 401, a short drive away from the GTA and USA border crossings.

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Building Size
93,657 SF
Building Class
A
Year Built
2006
Price
$14,888,626 USD
Price Per SF
$158.97 USD
Cap Rate
2.71%
NOI
$403,482 USD
Percent Leased
63%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
31,064 SF
Building FAR
0.39
Lot Size
5.50 AC
Zoning
UC-81 - Urban Commercial Zone
Parking
380 Spaces (4.08 Spaces per 1,000 SF Leased)

AMENITIES

  • Security System
  • Fiber Optic Internet

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 3rd Fl-Ste 300
  • 35,053 SF
  • Office
  • Full Build-Out
  • Now

The suite is divisible and located on the third floor, offering a maximum contiguous space of 35,053 square feet. It is designed as an office unit and comes with a range of amenities. These include being wired for major communication networks, equipped with unit security, tall ceilings, large window views, a kitchen/kitchenette area, in-suite washrooms, direct elevator access, and a built-out unit for convenience

Space Size Space Use Condition Available
3rd Fl-Ste 300 35,053 SF Office Full Build-Out Now

3rd Fl-Ste 300

Size
35,053 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

3rd Fl-Ste 300

Size 35,053 SF
Space Use Office
Condition Full Build-Out
Available Now

The suite is divisible and located on the third floor, offering a maximum contiguous space of 35,053 square feet. It is designed as an office unit and comes with a range of amenities. These include being wired for major communication networks, equipped with unit security, tall ceilings, large window views, a kitchen/kitchenette area, in-suite washrooms, direct elevator access, and a built-out unit for convenience

Bike Score®
Very Bikeable (87)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 36631667

  • Date on Market: 7/7/2025

  • Last Updated:

  • Address: 295 Hagey Blvd, Waterloo, ON N2L 6R5

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