159 Colonnade RD, Cityview - Parkwoods Hills - Rideau Shore, ON K2E 7J4
159 Colonnade RD, Cityview - Parkwoods Hills - Rideau Shore, ON K2E 7J4
159 Colonnade RD, Cityview - Parkwoods Hills - Rideau Shore, ON K2E 7J4
159 Colonnade RD, Cityview - Parkwoods Hills - Rideau Shore, ON K2E 7J4
159 Colonnade RD, Cityview - Parkwoods Hills - Rideau Shore, ON K2E 7J4
159 Colonnade RD, Cityview - Parkwoods Hills - Rideau Shore, ON K2E 7J4
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$ 3,600,000
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$ 3,600,000
Est. payment | /mo
Save

Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active

Purchase Type For Sale

Subdivision 7203 - Merivale Industrial Park/Citiplace

MLS Listing ID X13160928

Annual Tax Amount $32,130

Tax Year 2025

Property Sub-Type Industrial

Property Description

Freestanding building with ample parking in the established Colonnade Business Park. Three in-place tenants generate $91,445 of Year 1 basic rent. Owner-user occupies 4,589 SF (42%) vacant on closing. The 10,901 SF flex building sits on 0.88 acres in Colonnade Business Park with IM zoning, 6 bays, a partial 2nd-floor office, and recent roof, paving, and HVAC capex. 600A 240V 3-Phase + 225kVA available, sized for industrial owner-occupants and trades. Ideal for industrial owner-occupants who want immediate space plus income, with room to absorb the leased portion as tenant rolls open. Phase I ESA clean (April 2026).

Location

Province ON

County Ottawa

Area Ottawa

Interior

Cooling Yes

Exterior

Community Features Public Transit

Utilities Available Yes

Lot Frontage 86.0

Lot Depth 300.0

Others

Security Features No

ParcelsYN No

Listed by EXP REALTY
Peter Torkan

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(416) 847-5288

peter.torkan@theagencyre.com

378 Fairlawn Ave, York, M5M, 1T8, Canada

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159 Colonnade RD