Located on High Visibility Prince of Wales Drive Ottawa. This Exceptional Commercial Property offers Outstanding Exposure with 41,000 Vehicles passing daily which is 15 Million Cars/Year which drive on Highway 416 past this Location, Car Canada was originally built in 1996 with an addition constructed in 1997. There are Private Services of Well & Septic. Oil water separators are Included. Situated on 5.7 Acres, the property features an Exceptional Commercial Showroom Space, with Maintenance area adjoined to It. This well-maintained commercial property offers a unique functional building ideal for a variety of business uses. A standout feature is the purpose-built showroom designed for RV or vehicle display. This impressive space offers high ceilings and abundant natural light, and 14 well-appointed offices and utility areas complete the layout. There is a total of 6 Washrooms, and one large Kitchen and one Kitchenette. The building is in excellent condition and ready for immediate use. This is a rare opportunity to acquire a flexible commercial property with strong infrastructure and move-in-ready facilities. The property is leased to Myers Manotick for $32,500/month gross (around $20.00 sqf net) from April 01, 2024 to March 31, 2026 increasing to $35,000.00 month gross (around $22.00 sq ft net) from April1, 2026 to April 30, 2027. (id:28469)
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Facts & features
Property
MLS® Number
X13123212
Property Type
Business
Community Name
8006 - Rideau Twp W of Hwy 16 North of Reg Rd 6
Building
Cooling Type
Fully Air Conditioned
Heating Fuel
Natural Gas
Heating Type
Hot Water Radiator Heat
Size Interior
6 Acres
Land
Acreage
Yes
Size Frontage
229 Ft ,7 In
Size Irregular
5.73
Size Total
5.73 Ac
Size Total Text
5.73 Ac
Zoning Description
Rc3(61r), Rural Commercial
Monthly payment estimate
$
Estimated payment—per month
Mortgage amount
—
Total interest
—
Down payments under 20% typically require mortgage default insurance (CMHC), which is not included in this estimate.
Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.
Cost of ownership
Est. monthly payment
$21,696/mo
Ontario land transfer tax
$108,975 one-time
Payment assumes 20% down over 25 years. First-time buyers may get up to $4,000 back on land transfer tax.
The Rideau Twp W of Hwy 16 North of Reg Rd 6 market