Mirna Botros
613-600-26261229 Colonial Road - $649,900
1229 Colonial Road - $649,900
1229 Colonial Road
$649,900
1111 - Navan
Ottawa, OntarioK4B1N2
2 beds
2 baths
11 parking
MLS#: X12172432Listed: 12 days agoUpdated:12 days ago
Description
Welcome to 1265 Colonial Road, a rare and versatile property offering exceptional potential for developers, investors, and business owners alike. Located just minutes from Orleans in the growing village of Navan, this over half-acre lot features highly sought-after dual zoning VM6 commercial zoning at the front and residential zoning at the rear creating an ideal platform for mixed-use development, land severance, or long-term investment with strong upside.The existing two-bedroom, two-bathroom bungalow is well maintained and move-in ready, offering immediate rental or end-user value. A large detached shop sits within the commercial portion of the lot and is ideally suited for a trades business, rental storage, or a future commercial tenant. The property offers strong holding potential while development plans are pursued, making it an excellent entry point for newer investors looking to build equity with income-producing real estate.VM6 zoning permits a wide range of commercial and mixed-use applications including retail, daycare, office, and low-rise apartments. The residential zoning at the rear offers potential to sever and build a second dwelling, custom home, or simply hold as additional yard space or resale land. With over 0.5 acres and rare dual frontage on Colonial Road and Fairgreen Avenue, the site offers excellent access, visibility, and long-term flexibility. Set in a fast-developing corridor surrounded by estate homes and rural intensification, this property is positioned for continued value growth. Developers and investors will appreciate the proximity to public transportation, parks, and the Navan Fairgrounds, plus easy access to Trim Road, Highway 174, and east Ottawa. Whether youre an experienced builder or a first-time investor, this property offers multiple profitable outcomes. Buy and hold, rent and sever, build new, or develop a mixed-use concept the zoning is in place and the market is moving. Book your showing today. (id:58075)Details
Details for 1229 Colonial Road, Ottawa, Ontario- Property Type
- Single Family
- Building Type
- House
- Storeys
- 2
- Neighborhood
- 1111 - Navan
- Land Size
- 74 x 315 FT
- Year Built
- -
- Annual Property Taxes
- $5,247
- Parking Type
- Detached Garage, Garage
Inside
- Appliances
- -
- Rooms
- 7
- Bedrooms
- 2
- Bathrooms
- 2
- Fireplace
- -
- Fireplace Total
- -
- Basement
- Unfinished, N/A
Building
- Architecture Style
- -
- Direction
- Trim and Colonial
- Type of Dwelling
- house
- Roof
- -
- Exterior
- Vinyl siding, Brick Veneer
- Foundation
- Block
- Flooring
- -
Land
- Sewer
- Septic System
- Lot Size
- 74 x 315 FT
- Zoning
- -
- Zoning Description
- VM6 and V1E
Parking
- Features
- Detached Garage, Garage
- Total Parking
- 11
Utilities
- Cooling
- -
- Heating
- Forced air, Natural gas
- Water
- -
Feature Highlights
- Community
- -
- Lot Features
- Carpet Free
- Security
- -
- Pool
- -
- Waterfront
- -
Rooms
Rooms for 1229 Colonial Road, Ottawa, OntarioMap
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