Retail, mixed-use investment property for sale. Situated just off Merivale Road in Ottawa's West Central submarket, this property benefits from a strategic location with convenient access to one of the city's major arterial routes. It is positioned directly across from Costco, placing it at the center of a bustling commercial hub. The property is comprised of two buildings totaling approximately 26,127 SF of gross leasable area. Great mix of complementary retail and office tenants, most with contractual rental increases. Many of the rents are below market with room for growth. Strong recent leasing activity with ~8 lease renewals and new tenancies signed since 2024. Approximately 128,000 people live within a 5km radius and an estimated 50,000 vehicles pass by the closest major intersection daily. |
Price | $5,500,000 |
Taxes: | $77970.00 |
Tax Type: | Annual |
Occupancy: | Tenant |
Address: | 33-43 Roydon Plac , Country Place - Pineglen - Crestview and, K2E 1A3, Ottawa |
Postal Code: | K2E 1A3 |
Province/State: | Ottawa |
Legal Description: | PCL 3-3, SEC 4M-720 ; PT BLK 3, PL 4M-72 |
Directions/Cross Streets: | Merivale Road and Roydon Place. |
Washroom Type | No. of Pieces | Level |
Washroom Type 1 | 0 | |
Washroom Type 2 | 0 | |
Washroom Type 3 | 0 | |
Washroom Type 4 | 0 | |
Washroom Type 5 | 0 | |
Washroom Type 6 | 0 | |
Washroom Type 7 | 0 | |
Washroom Type 8 | 0 | |
Washroom Type 9 | 0 | |
Washroom Type 10 | 0 |
Category: | Retail |
Building Percentage: | T |
Total Area: | 26127.00 |
Total Area Code: | Square Feet |
Financial Statement: | T |
Washrooms: | 0 |
Heat Type: | Other |
Central Air Conditioning: | Yes |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES |
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Book Showing | Email a Friend |
Type: | Com - Investment |
Area: | Ottawa |
Municipality: | Country Place - Pineglen - Crestview and |
Neighbourhood: | 7401 - Rideau Heights/Industrial Park |
Style: | |
Lot Size: | x 0.00(Feet) |
Approximate Age: | |
Tax: | $77,970 |
Maintenance Fee: | $0 |
Beds: | 0 |
Baths: | 0 |
Garage: | 0 |
Fireplace: | N |
Air Conditioning: | |
Pool: |