$3,300,000
461 DONALD B MUNRO DRIVE
Beds
—
Baths
—
Sqft
38,168
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
Excellent retail plaza in the heart of growing Carp, both residential and commercial. Plaza offers a wonderful exposure on Main Street, long term tenants (LCBO, Pharmacy, Hair Salon, Pizza Restaurant & Bakery), nice size lot A SOLID COMMERCIAL INVESTMENT PROPERTY. This "Carp Mall" has 5 strong tenants including 2 franchises, and TENANTS HAVE BEEN THERE FOR YEARS WITH LEASES AND OPTIONS. THE PIECE OF LAND ATTACHED TO THE SOUTH HAS BEEN PURCHASED BY OWNER AND ADDED TO SUBJECT PROPERTY MAKING A TOTAL OF 38168 SQFT.; ROOM FOR EXPANSION OR ADDING A RESIDENTIAL PROPERTY, ZONING ALLOWS MANY USES; FACING RETIREMENT HOME BUILT 8 YEARS AGO.. Plenty of parking. (id:65958)
- Subtype
- Retail
- Community
- 9101 - Carp
- Living area
- 38,168 square feet
- Lot dimensions
- Bldg=205.75 x 185 FT
- On market
- Apr 17, 2026
- Status changed
- Apr 24, 2026
- Annual tax
- $32,264 (2025)
- Zoning
- com
- Photos
- 3
- MLS#
- X13012772
- Area
- OTTAWA
Features and systems
Heating
Cooling
Cash on cash
-6.22%
Cap rate
3.62%
GRM
16.7
Break-even rent
$20,099
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.