$5,250,000 FOR SALE

Land

Lot: 93 x 257 ft

1151 Ogilvie Road
Ottawa, ON K1J 7P6 | Ottawa East / Cyrville

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:47423)

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Listed By CAPITAL COMMERCIAL INVESTMENT CORP.
Data Provided By Ottawa Real Estate Board
MLS® Listing Number 1401626
Last Updated Aug 07, 2024
Property Summary
Property Type Land

More like this:
Neighbourhood Ottawa East / Cyrville
Price History
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Detailed Information
Lot 93 x 257 ft
Listing Contract Date 2024-07-09
Municipal ID 042690659
Ownership Type Freehold
Property Type Vacant Land
Transaction Type For sale
Zoning Description LC Local Commercial
Building
Land
Total Size 0.7 acres
Size of Irregular Land 0.7

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