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159 COLONNADE ROAD

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159 COLONNADE ROAD, 7203 - Merivale Industrial Park/Citiplace, Ottawa

Price
$3,600,000
Bedrooms
0
Bathrooms
0
Size
10,901 sq ft
Type
Industrial
Year built

Listing courtesy of EXP REALTY

About this home

Freestanding building with ample parking in the established Colonnade Business Park. Three in-place tenants generate $91,445 of Year 1 basic rent. Owner-user occupies 4,589 SF (42%) vacant on closing. The 10,901 SF flex building sits on 0.88 acres in Colonnade Business Park with IM zoning, 6 bays, a partial 2nd-floor office, and recent roof, paving, and HVAC capex. 600A 240V 3-Phase + 225kVA available, sized for industrial owner-occupants and trades. Ideal for industrial owner-occupants who want immediate space plus income, with room to absorb the leased portion as tenant rolls open. Phase I ESA clean (April 2026). (id:66700)

Location

7203 - Merivale Industrial Park/Citiplace, Ottawa

Estimate your payment

A rough monthly cost for this home — adjust the numbers to fit your situation.

$
$720,000 · 20%
%
yr

Estimated monthly payment

$16,734

or $8,367 bi-weekly

Mortgage amount
$2,880,000
Total interest
$2,140,150

Estimate only. Canadian rates compound semi-annually; figures exclude property tax, condo fees, and insurance. Confirm with your lender or mortgage broker.

Listing courtesy of EXP REALTY

Listing data last updated May 22, 2026.

Information is deemed reliable but not guaranteed and should be independently verified. Listing data is provided for personal, non-commercial use only and may not be redistributed, scraped, or used for any other purpose. Listing data is provided by the Canadian Real Estate Association’s DDF® (REALTOR.ca Data Distribution Facility). The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies the REALTOR.ca Data Distribution Facility (DDF®).