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Investment signal

$1,399,000

106-116 CONSTANCE CREEK DRIVE

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Beds

Baths

Sqft

Year

Type

Business

Suite

Investment signal

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Ottawa. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

This is a very UNIQUE Income generating Investment opportunity. Almost 12 acres of land situated across from Dunrobin Lake. Two side by Side Parcels. PINS: 045640444 & 045640289. One permanent Industrial building and several tiny homes/land leases. All are generating a whopping gross total of almost $ 105,000.00 per year. With potential for generating more income via storage and multiple land lease agreements. Seller offers no Warranties, Buyers to do their own due diligence. Sold AS IS Basis. (id:65958)

Subtype
Business
Community
9304 - Dunrobin Shores
Living area
12
Lot size
11.97 acres
Lot dimensions
11.972
On market
Jan 16, 2026
Status changed
Apr 24, 2026
Annual tax
$7,680 (2025)
Zoning
RC3(546r)-h + EP3
Photos
18
MLS#
X12704564
Area
OTTAWA

Features and systems

Parking

Other

Cooling

None
Negative cash flow ~$1,491/mo at these assumptions

Cash on cash

-6.39%

Cap rate

3.59%

GRM

16.7

Break-even rent

$8,569

Financing

Down payment$279,800
Loan amount$1,119,200
Mortgage$5,671/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$641
Insurance$80
Maintenance$1,166
CapEx reserve$583
Vacancy loss$350

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $5,671/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 24, 2026.

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