For Sale

$5,870,000

511 LACOLLE Way, Ottawa, ON K4A 5B6

Remarks

The building is a great opportunity as an investment with solid tenants in place with long term leases, Daycare, Restaurant , Martial Arts center.... FULLY RENTED... Convenient transportation routes are available to the subject neighborhood. The area is accessible to downtown Ottawa via Regional Road 174, accessed at Trim Road, just north of the subject site. Trim Road is a major north-south arterial in the neighborhood. Phase 2 of the City of Ottawa’s new Light Rail Transit (LRT) will run along the north end of the subject neighborhood. With a projected completion date of 2024..the current Average NOI is APPROX 330K

Property Summary

  • Neighbourhood: Orleans
  • Annual Tax Amount: $72,000.00 (2021)
  • Lot Frontage: 47.55 Metre
  • Lot Depth: 91.44 Metre
  • No. of Parking Spaces: 35
  • Zoning: IL 4 (H21)

Property Features:

  • Title:
    Freehold

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