A rare opportunity to acquire an income-generating mixed-use commercial property in the heart of Orleans one of Ottawa's most rapidly growing communities. This well-maintained asset offers consistent revenue, long-term tenant stability, and excellent potential for capital appreciation. Strategically positioned near Trim Road, a major north-south artery with seamless access to Regional Road 174 and downtown Ottawa. Walking distance to the future LRT Trim Station (completion expected in 2025), set to significantly enhance commuter access and boost property values. Surrounded by expanding residential developments, schools, and commercial hubs. Established Tenant Base: Diverse, reliable mix of commercial tenants ensures strong and stable rental income. Walk-Up Access: All units easily accessible, promoting visibility and convenience. On-Site Washrooms: Comfort and functionality for businesses and clients. Ample Surface Parking: Hassle-free access for staff and visitors. Flexible Mixed-Use Zoning: Suitable for retail, office, or professional services. Turnkey income property with excellent tenant retention. Ideal for portfolio expansion or owner-occupiers seeking a prime location. Future transit access expected to drive demand and appreciation. Located in a high-growth node with increasing residential density and commercial activity.
Address
511 Lacolle Way
List Price
$5,565,000
Property Type
Commercial
Type of Dwelling
Commercial Retail
Area
Orleans - Cumberland and Area
Sub-Area
1103 - Fallingbrook/Ridgemount
County
Ottawa
Lot Depth
300
Lot Type
Building
Lot Size Units
Feet
Lot Width
156
Approx. Age
6 - 15 Years
MLS® Number
X11212060
Listing Brokerage
EXP REALTY
Postal Code
K4A 5B6
Tax Amount
$66,800.00
Tax Year
2024
Community Features
Major Highway, Public Transit
Heat Type
Electric Forced Air
Cooling Features
Yes
Garage Type
None
Security Features
Yes
