1151 Ogilvie Road Ottawa, ON K1J 7P6

Active (94 Days)

$5,250,000

0.7

ACRES

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Description

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:41440)

MLS®:
1401626

Lot Size
0.7 acres

Type
Land

County
Ottawa

Listed By

Florian Nagelschmitz, Capital Commercial Investment Corp.

Source
CREA
Last checked Oct 11 2024 at 9:45 PM EDT

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The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Listing Data Last Updated: 10/11/24 14:45

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