$3,385,000
( $310.52Per Sq Foot )
 $18,171 est/mo Sourced by Back At You

159 Colonnade Road,Cityview - Parkwoods Hills - Rid, ON K2E 7J4

Cityview - Parkwoods Hills - Rid, ON K2E 7J4

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Description

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).

Details

MLS #X13160928
Listing TypeFor Sale
Sub-TypeResale
StatusExtension
Year0
Days On Site159
Listing Provided ByEXP REALTY | X13160928 488700

Features

SQ Feet10,901
Acreage0.25

Interior

CoolingYes

Exterior

Community FeaturesPublic Transit
Security FeaturesNo

Utilities

UtilitiesYes

Taxes

Tax Annual Amount32130
Tax TypeAnnual
Tax Year2025

Area Information

ProvinceON
CountyOttawa
CityCityview - Parkwoods Hills - Rid
Postal CodeK2E 7J4
Area7203 Merivale Industrial Park | Citiplace
Listing VS Median (in K2E 7J4)
Price:
$3,385,000
low | high
Med:
$3,385,000
50% of Average
sqft:
10,901
low | high
Med:
10,901
50% of Average
$ / sqft:
$311
low | high
Med:
$311
50% of Average
On site:
159
low | high
Med:
159
100% of Average
Sourced by Back At You

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Additional Information

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Learn More About This Property

Saira Nagi

Saira Nagi

Coldwell Banker The Real Estate Centre

 (647) 236-6244snagi.realestate@gmail.com
ProvinceON
CountyOttawa
CityCityview - Parkwoods Hills - Rid
Postal CodeK2E 7J4
Area7203 Merivale Industrial Park | Citiplace
Listing VS Median (in K2E 7J4)
Price:
$3,385,000
low | high
Med:
$3,385,000
50% of Average
sqft:
10,901
low | high
Med:
10,901
50% of Average
$ / sqft:
$311
low | high
Med:
$311
50% of Average
On site:
159
low | high
Med:
159
100% of Average
Sourced by Back At You
Listing Updated: October 26, 2026 at 10:16:43 PM PDT