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Renanza Realty
For sale

3835 MCBEAN STREET

Ottawa, Ontario

MLS® X12468809

$1,649,900

Status
Active
Property type
Retail
MLS® number
X12468809
Bedrooms
—
Bathrooms
—
Year built
—

Listing description

Prime Investment Opportunity - Fully Leased Commercial Property on a half-acre lot (23,250 sq ft). An exceptional opportunity for the discerning investor: this fully leased property features three stable tenants generating a total gross annual rental income of $128,400. All tenants share hydro costs equally, while the landlord covers property taxes, insurance, water, landscaping, environmental services, and snow removal - streamlining management and enhancing tenant satisfaction.

The front section of the lot has been recently paved, ensuring excellent curb appeal and functionality. Zoned RG3[151r], the property offers strong current cash flow with exciting future development potential, as a new residential subdivision is being constructed directly behind the site-presenting opportunities to service this growing community. Please note: storage containers located at the rear of the property are excluded from the sale.

Property summary

MLS® number
X12468809
Property type
Retail
Size
5,760 sq ft
Land size
99.91 x 235.74 FT
Annual property taxes
$4,591.68
Parking
Other
Days on market
347 days

Features & details

Cooling
Fully air conditioned

What would this home cost you?

Based on the $1,649,900 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$7,677 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of SUTTON GROUP - OTTAWA REALTY, OTTAWA.

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.