511 Lacolle Way, Ottawa

Living area: 18685 square feet
Type: Commercial
Added: 9 months ago
Updated: 1 month ago
Last Checked: 16 hours ago
Listed by: EXP REALTY
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Listing description
This Commercial listing at 511 Lacolle Way Ottawa, ON with the MLS Number x11212060 listed by Paul Schnittker - EXP REALTY on the Ottawa market 9 months ago at $5,199,900.

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. (id:1945)

Property Details Key information about 511 Lacolle Way

Cooling: Fully air conditioned
Heating:
- Forced air
- Electric

Exterior & Lot Features Learn about the exterior and lot specifics of 511 Lacolle Way

Water Source: Municipal water
Lot Size Dimensions: Bldg=156 x 300 FT

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Nearby Listings Stat Estimated price and comparable properties near 511 Lacolle Way

Active listings

165

Min Price

$269,900

Max Price

$6,000,000

Avg Price

$698,338

Days on Market

49 days

Sold listings

Min Sold Price

$299,900

Max Sold Price

$1,500,000

Avg Sold Price

$635,885

Days until Sold

33 days

Nearby Places Nearby schools and amenities around 511 Lacolle Way

Saint Peter High School (1.8 km)
750 Charlemagne Blvd, Orléans

École Élémentaire Catholique Des Pionniers (1.9 km)
720 Merkley Prom, Cumberland

Sir Wilfrid Laurier Secondary School (2.2 km)
1515 Tenth Line Rd, Orléans

Our Lady of Wisdom Catholic School (3 km)
1565 St Georges St, Orléans

Tim Hortons (1 km)
911 Watters Rd, Orleans

Tim Hortons (2.7 km)
1675 Tenth Line Rd, Orleans

Jonny Canuck's Bar & Grill (1.2 km)
900 Watters Rd, Ottawa

Lexus Rest-Bar (2.7 km)
210 Centrum Blvd, Ottawa

Subway (1.2 km)
900 Watters, Orléans

Pho Truc Lien (3 km)
3010 St Joseph Blvd, Ottawa

Petrie Island Park (1.6 km)
Ottawa

Place D'Orleans (2.9 km)
110 Place D'Orléans Dr, Ottawa

Price History

Listed

November 27, 2024

by EXP REALTY

Commercial For Sale

$5,199,900

511 Lacolle Way, Ottawa

Listing description This Commercial listing at 511 Lacolle Way Ottawa, ON with the MLS Number x11212060 listed by Paul Schnittker - EXP REALTY on the Ottawa market 9 months ago at $5,199,900.

Nearby Listings Stat Estimated price and comparable properties near 511 Lacolle Way

Nearby Places Nearby schools and amenities around 511 Lacolle Way

Price History

Similar Commercial Listings For Sale

Listing description
This Commercial listing at 511 Lacolle Way Ottawa, ON with the MLS Number x11212060 listed by Paul Schnittker - EXP REALTY on the Ottawa market 9 months ago at $5,199,900.