159 Colonnade Road, Cityview - Parkwoods Hills - Rideau Shore

$3,600,000
159 Colonnade Road

$3,600,000

New
154d
Industrial

159 Colonnade Road, Cityview - Parkwoods Hills - Rideau Shore

Total Monthly Obligation $17,574

Beds
0
Baths
0
Park
25
DOM
154d
Property Type-Industrial
MLS® Number-X13160928
Beds-0
Lot Size-86 × 300 ft
Listed on site-May 22, 2026
Building Type-Industrial
Taxes-$32,130 (2025)
Parking-None
Heating-Gas Forced Air Closed
Brokerage-EXP REALTY
Cooling-Yes
Fireplace-No
Pool-None
Possession-Flexible
Neighbourhood-7203 - Merivale Industrial Park/Citiplace
Title-Commercial

No agent assigned

Freestanding building with ample parking in the established Colonnade Business Park. Three in-place tenants generate $91,445 of Year 1 basic rent. Owner-user occupies 4,589 SF (42%) vacant on closing. The 10,901 SF flex building sits on 0.88 acres in Colonnade Business Park with IM zoning, 6 bays, a partial 2nd-floor office, and recent roof, paving, and HVAC capex. 600A 240V 3-Phase + 225kVA available, sized for industrial owner-occupants and trades. Ideal for industrial owner-occupants who want immediate space plus income, with room to absorb the leased portion as tenant rolls open. Phase I ESA clean (April 2026).

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Closing Costs

Mortgage Amount
$2,880,000
Land Transfer Taxes$76,475
Legal Fees (Est.)
$
Total cash required for closing$797,975

Total Monthly Obligation

$17,574/mo
Mortgage $14,521
Monthly Loss $13,753
Principal$3,821
Interest$10,700
Property Tax$2,678
Home Insurance$125
Variable Costs$250

No rent estimate available. Enter a monthly rent in Assumptions & Inputs below to calculate.

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*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 159 Colonnade Road

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