For Sale

511 Lacolle Way, Orleans - Cumberland and Area, Ontario K4A 5B6

$0

511 Lacolle Way, Orleans - Cumberland and Area, Ontario K4A 5B6 is For Sale and has a listing price of 5,199,900. The property is located in the Orleans Avalon - Notting Gate - Fallingbrook - Gar neighbourhood . It's been on the website for 156 Days.

  • MLS ID: X11212060
  • Office Name EXP REALTY
Property Description

A rare opportunity to acquire an income-generating mixed-use commercial property in the heart of Orleans one of Ottawa’s most rapidly growing communities. This well-maintained asset offers consistent revenue, long-term tenant stability, and excellent potential for capital appreciation. Strategically positioned near Trim Road, a major north-south artery with seamless access to Regional Road 174 and downtown Ottawa. Walking distance to the future LRT Trim Station (completion expected in 2025), set to significantly enhance commuter access and boost property values. Surrounded by expanding residential developments, schools, and commercial hubs. Established Tenant Base: Diverse, reliable mix of commercial tenants ensures strong and stable rental income. Walk-Up Access: All units easily accessible, promoting visibility and convenience. On-Site Washrooms: Comfort and functionality for businesses and clients. Ample Surface Parking: Hassle-free access for staff and visitors. Flexible Mixed-Use Zoning: Suitable for retail, office, or professional services. Turnkey income property with excellent tenant retention. Ideal for portfolio expansion or owner-occupiers seeking a prime location. Future transit access expected to drive demand and appreciation. Located in a high-growth node with increasing residential density and commercial activity.

Property Details
  • MLS ID: X11212060
  • Price: $5,199,900
  • Lot Depth: 300
  • Transaction Types: For Sale
  • Ref ID: X11212060
  • Year Built: N/A
  • Dir / Cross St: Take HWY 417 to Cumberland; Regional Road 174;Take the Ottawa Reg'l Rd 57/Trim Rd S exit toward Navan; exit toward Orlans/Rockland
  • Status: Active
  • Tax Year: 2024
  • Approx Age: 6-15
  • Property Type: Commercial
  • Property Sub Category: Retail
Price History
List Date MLS ID List Price Status End Date Closed Price
11/27/2024 X11212060 $5,199,900 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Orleans Avalon - Notting Gate - Fallingbrook - Gar
  • $671,286 Average List Price
    based on 1 year
  • 168 New Listings
    based on 30 days
  • 47 Median Days on Market
    based on 1 year
  • List vs. Selling Price 1.42 % Up
  • Sold (12mo) 303
  • Rented (12mo) 105

  • 1 Month Change -9.0%
  • 3 Month Change +1.8%
  • 6 Month Change -11.4%
Walkscore
  • 46 Walk Score
    Car-Dependent
  • 45 Transit Score
    Some Transit
  • 65 Bike Score
    Bikeable
Additional Details
  • Heat Type Y
  • Garage Type Y
  • Parking Spaces: 40
  • Taxes: $66,800
  • Last Status Y
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 27/11/2024 16:48:56
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