Description

Price : $5,500,000.00 MLS^® : X12165268 33-43 Roydon Place, CountryPlacePineglenCrestviewandArea, ON K2E 1A3

Retail, mixed-use investment property for sale. Situated just off Merivale Road in Ottawa's West Central submarket, this property benefits from a strategic location with convenient access to one of the city's major arterial routes. It is positioned directly across from Costco, placing it at the center of a bustling commercial hub. The property is comprised of two buildings totaling approximately 26,127 SF of gross leasable area. Great mix of complementary retail and office tenants, most with contractual rental increases. Many of the rents are below market with room for growth. Strong recent leasing activity with ~8 lease renewals and new tenancies signed since 2024. Approximately 128,000 people live within a 5km radius and an estimated 50,000 vehicles pass by the closest major intersection daily.

Location Description

Merivale Road and Roydon Place.

Property Details

• Community: 7401 - Rideau Heights/Industrial Park
• Property Type: Tenant/Commercial
• Garages: None
• Annual Property Taxes : $ 77970

Building Features

• Parking Type : None

Features

• Heating : Other

Land (Lot Features)

• Frontage: 284.3 sq.ft
• Land Depth: 0sq.ft

Listing Contracted With: AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES