1396 WINDMILL LANE
Ottawa, Ontario
MLS® X13722856
$5,599,999
- Status
- Active
- Property type
- Industrial
- MLS® number
- X13722856
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 22Listing description
This NNN investment acquisition presents a compelling opportunity for yield-focused investors seeking steady, predictable cash flow in one of Ottawa's most resilient industrial submarkets. Fully anchored by Synergy Formwork under an excellent covenant, 1396 Windmill Lane underwent a custom building-wide renovation in 2021 to suit the tenant's operational needs on a 7-year lease. Spanning 20,050 sq.
ft. of Gross Floor Area (including a 1,250 sq. ft.
mezzanine). Positioned in a high-demand commercial corridor with historically low vacancy rates and strong tenant retention, this versatile light industrial asset offers immediate income security paired with low-friction operations and stable, risk-adjusted returns. This property has 6 bay doors, floor to ceiling height ranges from 18' to 20', power is 400 amp, 600 volt.
Property summary
- MLS® number
- X13722856
- Property type
- Industrial
- Size
- 20,050 sq ft
- Land size
- 1.81 acres
- Annual property taxes
- $76,475.42
- Days on market
- 24 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
What would this home cost you?
Based on the $5,599,999 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of Initia Real Estate, Toronto.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.