$879,900
6388 Third Line Road
Rideau Twp W of Hwy 16 North of Reg Rd 6, Ottawa
- 4 bd
- 3 ba
- House
1 / 6
$1,900,000
Rideau Twp W of Hwy 16 North of Reg Rd 6, Ottawa, ON K0A2T0 · MLS® X13121830
Located on High Visibility Prince of Wales Drive Ottawa. This Exceptional Commercial Lot offers Outstanding Exposure with 41,000 Vehicles passing daily which is 15 Million Cars/Year which drive on Highway 416 past this Location. There are Private Services of Private Water Well. This 3.46 Acre vacant lot is ideal for a variety of business uses, Paved lot with highlighting and controlled access beside Car Canada, presently Rented by Kodiak Sheds who are on a month-to-month Tenancy under the Commercial Tenancies Act paying $2,500/month + HST. (id:65933)
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Estimate only, not financial advice. Rent is reduced by vacancy, then management is taken on the rent collected; net operating income = that, less property tax and other costs; cap rate = net operating income ÷ price; cash flow also subtracts the mortgage (semi-annual compounding, as Canadian mortgages use). Vacancy default: CMHC Rental Market Report, Ottawa, October 2025.
Listed by Re/Max Hallmark Realty Group.
Listing data provided by REALTOR.ca DDF® and owned by The Canadian Real Estate Association (CREA). Deemed reliable but not guaranteed.