2 - 1618 Michael Street, Ottawa, photo 1 1 / 19

$1,999,900

2 - 1618 Michael Street

Cyrville, Ottawa, ON K1B3T7 · MLS® X13875730

  • 7,116 square feetLiving area

About this property

Exceptional opportunity to own one of the largest units in this sought-after 5-bay business park. This versatile 7,116 sq. ft. industrial condo offers an ideal mix of finished showroom, professional office, and functional warehouse space. 1,000 sq. ft. of finished showroom space plus a permitted 1,000 sq. ft. second-level mezzanine office. The approximately 5,116 sq. ft. warehouse space features 18' - 22' ceiling height and two 14' overhead loading doors providing convenient drive-through access for loading and unloading. This space includes reception area, private offices, kitchenette, washroom, 3-phase 100-amp/600V electrical service with transformer, gas heating, newer A/C unit, and newer hot water tank. Ample on-site surface parking. Zoning IL - Light Industrial, permitting warehouse, office, and select commercial uses. Ideal for an owner-user, contractor, distributor, showroom/warehouse operation, or investor seeking a flexible industrial property. Rarely available, move-in-ready industrial space with excellent access to the Queensway and Highway 417. A must-see for businesses looking for functionality, visibility, and long-term flexibility. (id:65933)

Type
Industrial
Category
Industrial
Annual taxes
$19,726
Updated
Oct 13, 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 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.

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