Description

Exceptional Investment Opportunity in a Prime Location! Unlock the potential of this rare, vacant commercial lot located in the heart of Ottawa's thriving Canotek Business Park. Zoned Light Industrial (IL2H(14)), this expansive property spans over an acre with an impressive 250 ft of frontage. Ideally situated in Ottawa's east end, the site offers excellent proximity to major businesses, residential areas, the Light Rail Transit (LRT), and easy highway access. This is a unique opportunity for developers and investors to secure a versatile parcel of land in a highly sought-after commercial district. Whether you're looking to expand your portfolio or bring a new vision to business, this property delivers unmatched potential. Don't miss your chance to build your future in one of Ottawa's most strategic industrial hubs. (id:66096)

Market Timing

Days on market

50d

Ottawa listings, avg age

63d

List price

$2.90M

Haho

This vacant land in Ottawa has been listed for 50 days, which is 13 days fresher than the city average of 63. Act while there is still low competition.

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Area context

Neighbourhood profile (K1J)

This home lists at $2,900,000, about 30.9× the local median household income of $94,000.

Carrying it typically needs a household income of about $566,472 (20% down, 25-yr amortization, stress-tested) — roughly 503% above the area median.

Median household income: $94,000
Population: 28,268
Median age: 41.6
Owner / renter: 67% / 33%
Avg. household size: 2.5

Source: Statistics Canada, 2021 Census (FSA K1J)

$2,900,000

For sale

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Financing

Need a commercial mortgage?

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5351 Canotek Road, Ottawa - Vacant Land for Sale

Description

Property Details

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (K1J)

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