$2,900,000
5351 Canotek Road
Canotek Industrial Park, Ottawa
- 1 sq ft
- Vacant Land
1 / 24
$445,000
Canotek Industrial Park, Ottawa, ON K1J9H8 · MLS® X13787386
End unit Industrial Condo. 2 levels with separate entrances. Attention recording studio businesses, video editors and podcasters! 2nd floor is currently set up as a recording studio. Sound isolated rooms with buit in wired patch bays for recording equipment, 3/8' angled windows between all rooms for visual and sound proofing, ventilation mufflers. Main floor is open concept office areas and is equipped with a kitchenette. Main floor was a separate rental suite. It is currently vacant. The recording studio is currently operated by the owner of the building. This is a unique opportunity. The building is very conveniently located to HWY 174 and the new LRT station at Montreal Rd. (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 Royal Lepage Performance Realty.
Listing data provided by REALTOR.ca DDF® and owned by The Canadian Real Estate Association (CREA). Deemed reliable but not guaranteed.