$1,990,000
181 RICHMOND ROAD
Beds
—
Baths
—
Sqft
1,500
Year
—
Type
Retail
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
Prime retail unit in the heart of Westboro. Street-level with excellent visibility and foot traffic.Currently leased to established business tenants.Bright open layout with large front patio yard.Surrounded by shops, condos, and amenities.Great investment opportunity in a vibrant area. (id:65958)
- Subtype
- Retail
- Community
- 5002 - Westboro South
- Living area
- 1,500 square feet
- Lot dimensions
- Bldg=44.98 x 98.33 FT
- Parking
- 4 total
- On market
- Apr 14, 2026
- Status changed
- Apr 24, 2026
- Annual tax
- $21,000
- Zoning
- COMMERCIAL
- Photos
- 2
- MLS#
- X12997384
- Area
- OTTAWA
Features and systems
Heating
Cooling
Cash on cash
-6.31%
Cap rate
3.60%
GRM
16.7
Break-even rent
$12,154
Financing
Operating expenses (monthly)
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
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.