REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 7,685,000
Est. payment /mo
Price Dropped by $965K
1929 Russell RD #1 Elmvale Acres And Area, ON K1G 4G3
UPDATED:
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Subdivision 3701 - Elmvale Acres
MLS Listing ID X12750230
Annual Tax Amount $64,000
Tax Year 2025
Property Sub-Type Investment
Property Description
This unit is part of a portfolio of 20 leased medical condominium units in the building and 385 parking stalls For Sale, generating an income of $500,000 and a 6.50% Cap Rate based on Listing Price. The Portfolio totals 25,283sf., and is 95% leased to medical tenants. Please see attached flyer.
Location
State ON
County Ottawa
Area Ottawa
Zoning AM10[2199]
Interior
Cooling Yes
Exterior
Utilities Available Available
Lot Frontage 36.58
Lot Depth 274.7
Others
ParcelsYN No
Listed by PERISCOPE REALTY INC.
GET MORE INFORMATION
Follow Us