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1151 Ogilvie Road Ottawa, Ontario K1J 7P6

Acreage

$5,250,000

Presenting an exceptional opportunity for investors seeking a stable, triple-net leased property with immense re-development potential. Situated in Ottawa East, with close proximity to the Cyrville Light Rail Transit (LRT) station, a major growth catalyst for the area, ensuring increased foot traffic and potential for development. The proximity to LRT has also resulted in City of Ottawa's Official Plan designating this site for high-density residential. Currently occupied by a single restaurant tenant, this property offers hands-off ownership and predictable cash flow. With a generous lot size of 29,579 sq. ft. and a 6,190 sq. ft. building, this property offers flexibility and growth opportunities. (id:48414)

Property Details

MLS® Number 1401626
Property Type Vacant Land
Neigbourhood Ottawa East / Cyrville

Building

Land

Acreage Yes
SizeDepth 257 Ft
SizeFrontage 93 Ft
SizeIrregular 29579
SizeTotal 29579 Ac
SizeTotalText 29579 Ac
ZoningDescription Lc Local Commercial

https://www.realtor.ca/real-estate/27144945/1151-ogilvie-road-ottawa-ottawa-east-cyrville