$1,499,900

3835 Mcbean Street

Goulbourn Twp From Franktown Rd/South To Rideau, Ottawa, ON K0A2Z0 · MLS® X13849744

  • 5,760 square feetLiving area

About this property

Prime Investment Opportunity - Fully Leased Commercial Property on a half-acre lot (23,250 sq ft). An exceptional opportunity for the discerning investor: this fully leased property features three stable tenants generating a total gross annual rental income of $128,400. All tenants share hydro costs equally, while the landlord covers property taxes, insurance, water, landscaping, environmental services, and snow removal - streamlining management and enhancing tenant satisfaction. The front section of the lot has been recently paved, ensuring excellent curb appeal and functionality. Zoned RG3[151r], the property offers strong current cash flow with exciting future development potential, as a new residential subdivision is being constructed directly behind the site-presenting opportunities to service this growing community. Please note: storage containers located at the rear of the property are excluded from the sale. (id:65933)

Type
Retail
Category
Retail
Annual taxes
$4,592
Updated
Oct 1, 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 Sutton Group - Ottawa Realty.

Listing data provided by REALTOR.ca DDF® and owned by The Canadian Real Estate Association (CREA). Deemed reliable but not guaranteed.

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