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1151 OGILVIE

Ottawa East / Cyrville | Ottawa

$5,250,000.00

Listed 3 months ago

  • - bed
  • - bath
  • - sqft
  • - parking
  • Vacant Land

Property history

  • Now
    Listed on Jul 9, 2024

    Listed for $5,250,000.00

    93 days on market

Location & area

Schools nearby

Home Details

Description
Presenting an exceptional opportunity for investors seeking a stable, triple-net leased property with immense re-development potential. Situated in Ottawa East, with close proximity to the Cyrville Light Rail Transit (LRT) station, a major growth catalyst for the area, ensuring increased foot traffic and potential for development. The proximity to LRT has also resulted in City of Ottawa's Official Plan designating this site for high-density residential. Currently occupied by a single restaurant tenant, this property offers hands-off ownership and predictable cash flow. With a generous lot size of 29,579 sq. ft. and a 6,190 sq. ft. building, this property offers flexibility and growth opportunities. (id:39198)
Additional media
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Property taxes
$39,415.00 per year / $3,284.58 per month
Basement
-
Year build
-
Type
Vacant Land
Bedrooms
null
Bathrooms
null
Parking spots
Total
Floor
-
Balcony
-
Pool
-
External material
-
Roof type
-
Lot frontage
-
Lot depth
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Heating
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Fire place(s)
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    Listing Brokerage

    MLS® Listing
    1401626
    Brokerage
    CAPITAL COMMERCIAL INVESTMENT CORP.

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