MLS#: X11212060Listed: 9 months agoUpdated:20 days ago
Description
A rare opportunity to acquire an income-generating mixed-use commercial property in the heart of Orleans one of Ottawa's most rapidly growing communities. This well-maintained asset offers consistent revenue, long-term tenant stability, and excellent potential for capital appreciation. Strategically positioned near Trim Road, a major north-south artery with seamless access to Regional Road 174 and downtown Ottawa. Walking distance to the future LRT Trim Station (completion expected in 2025), set to significantly enhance commuter access and boost property values. Surrounded by expanding residential developments, schools, and commercial hubs. Established Tenant Base: Diverse, reliable mix of commercial tenants ensures strong and stable rental income. Walk-Up Access: All units easily accessible, promoting visibility and convenience. On-Site Washrooms: Comfort and functionality for businesses and clients. Ample Surface Parking: Hassle-free access for staff and visitors. Flexible Mixed-Use Zoning: Suitable for retail, office, or professional services. Turnkey income property with excellent tenant retention. Ideal for portfolio expansion or owner-occupiers seeking a prime location. Future transit access expected to drive demand and appreciation. Located in a high-growth node with increasing residential density and commercial activity. (id:58075)
Details
Details for 511 Lacolle Way, Ottawa, Ontario
Property Type
Retail
Building Type
-
Storeys
-
Neighborhood
1103 - Fallingbrook/Ridgemount
Land Size
Bldg=156 x 300 FT
Year Built
-
Annual Property Taxes
$66,800
Parking Type
-
Inside
Appliances
-
Rooms
-
Bedrooms
-
Bathrooms
0
Fireplace
-
Fireplace Total
-
Basement
-
Building
Architecture Style
-
Direction
Take HWY 417 to Cumberland; Regional Road 174;Take the Ottawa Reg'l Rd 57/Trim Rd S exit toward Navan; exit toward Orlans/Rockland