Aberdeen Square - York Developments Inc

Now’s your chance to own a brand new commercial suite in the heart of the Stavanger Drive Business Area.

Aberdeen Square commercial suites are strategically located in the heart of Stavanger Drive Business Area, one of Atlantic Canada’s largest retail centers. This unique opportunity will be the first of its kind in the city of St. John’s to offer exclusive customizable commercial ownership opportunities designed exclusively for your business needs.

A commercial suite is an individual property unit in a building comprised of multiple units and owners. As the owner, you hold title to the premises and have full control over all elements of the unit. Subject to zoning, building covenants, and local bylaws, you are free to use the space as you will, for your own business or to lease to another business.

Owning gives you an asset for the balance sheet and generates equity.
The ability to forecast mortgage payments – stable and predictable costs – gives you more control when planning the future of your business.
You receive tax benefits (deductions) such as interest, utilities, interior improvements, property taxes and commercial property depreciation.
Commercial condominiums can be expected to appreciate over time.

You can use the space, lease the space to someone else, or sell the space.
There are no lease term penalties in the event that you decide to move or contract end-dates to work around.
No need to renegotiate a lease every 3-5 years.
Any investments made to improve the space are yours rather than becoming the property of a landlord.
You can remodel, redesign or renovate your space as you wish without being limited by landlord constraints and budgets.

You can custom design your space to meet your exact needs before final purchase.
Once you own your space, you have the security of knowing that all maintenance of the building and grounds is taken care of by the condominium board e.g. lawn maintenance, snow-clearing, parking lot line painting and filling potholes.

Are you a professional services company? E.g. lawyers, doctors, dentists, orthodontists, orthopedists, massage, physiotherapy, counselling/ therapist, real estate agents, spa/salon, ophthalmologists, accountants, consultants, florists.
Are you a retailer?
Are you an investor looking to lease to a professional services or retail company?

Imagine that. Aberdeen Square is located on Aberdeen Avenue which connects the Outer Ring Road/Trans Canada Highway to Stavanger Drive.

This location offers world class retail anchor neighbours including Exxon, Verafin, and nearby Vale, Loblaws and WalMart. This location is within 5 minutes of offices, hotels, Clovelly golf course, and various other retail and professional services.

It is 10-15 minutes travel time to downtown St. John’s, and 5 minutes to the St. John’s International Airport.

Traditionally, properties in this area are only available for lease. But at Aberdeen Square, you have the opportunity to purchase. Each condo unit will have designated HVAC that will be in place upon purchase. Building shell construction will be a single story tilt up concrete with structural steel frame. Each unit will have a roof hatch, rear man door, 8’x9′ garage door, and rough ins for two bathrooms.

Civic Address	145 Aberdeen Avenue
Property Type	Commercial Suite
Year Built	2019
Building Size	26,100 sq ft
Premises Breakdown	Minimum unit size 1,800 sq ft.
Shared Lot Size	3.15 acres
Zoning	Commercial Regional (CR) section 10.21
Parking	Included
Condo Fees	As low as $350 per month.
Tax	Varies depending on unit size.