33-43 Roydon Place, CountryPlacePineglenCrestviewandArea, ON K2E 1A3

Country Place - Pineglen - Crestview and Area K2E 1A3 Ontario

MLS: X12165268

$5,500,000

Added 4 days ago | For Sale

Listed by: AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES

About Property

Retail, mixed-use investment property for sale. Situated just off Merivale Road in Ottawa's West Central submarket, this property benefits from a strategic location with convenient access to one of the city's major arterial routes. It is positioned directly across from Costco, placing it at the center of a bustling commercial hub. The property is comprised of two buildings totaling approximately 26,127 SF of gross leasable area. Great mix of complementary retail and office tenants, most with contractual rental increases. Many of the rents are below market with room for growth. Strong recent leasing activity with ~8 lease renewals and new tenancies signed since 2024. Approximately 128,000 people live within a 5km radius and an estimated 50,000 vehicles pass by the closest major intersection daily.

Features

  • House Style:Investment
  • Bathrooms:
  • Land Size: 284.3 X 0
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:
  • Cross Street:Merivale Road and Roydon Place.
  • Basement: ,
  • Possession Date:Flexible
  • Annual Property taxes: $77970
  • Bedrooms:
  • Total Parking Spaces:
  • Parking Places:
  • Heating Type:Other
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:X12165268

About Agent
Harpreet Singh
REALTOR®
(647) 825-3131 [email protected]
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