$469,900
137 Corinth Private
Merivale Industrial Park/Citiplace, Ottawa
- 2 bd
- 2 ba
- Row / Townhouse
1 / 15
$3,385,000
159 Colonnade Road
Merivale Industrial Park/Citiplace, Ottawa, ON K2E7J4 · MLS® X13160928
- 10,901 square feetLiving area
- 25Parking
About this property
Freestanding building with ample parking in the established Colonnade Business Park. Three in-place tenants generate $91,445 of Year 1 basic rent. Owner-user occupies 4,589 SF (42%) vacant on closing. The 10,901 SF flex building sits on 0.88 acres in Colonnade Business Park with IM zoning, 6 bays, a partial 2nd-floor office, and recent roof, paving, and HVAC capex. 600A 240V 3-Phase + 225kVA available, sized for industrial owner-occupants and trades. Ideal for industrial owner-occupants who want immediate space plus income, with room to absorb the leased portion as tenant rolls open. Phase I ESA clean (April 2026). (id:65933)
- Type
- Industrial
- Category
- Industrial
- Annual taxes
- $32,130
- Updated
- Oct 27, 2026
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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 Exp Realty.
Listing data provided by REALTOR.ca DDF® and owned by The Canadian Real Estate Association (CREA). Deemed reliable but not guaranteed.
