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Investment signal

$2,990,000

5351 CANOTEK ROAD

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Beds

Baths

Sqft

Year

Type

Vacant Land

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

Exceptional Investment Opportunity in a Prime Location! Unlock the potential of this rare, vacant commercial lot located in the heart of Ottawa's thriving Canotek Business Park. Zoned Light Industrial (IL2H(14)), this expansive property spans over an acre with an impressive 250 ft of frontage. Ideally situated in Ottawa's east end, the site offers excellent proximity to major businesses, residential areas, the Light Rail Transit (LRT), and easy highway access. This is a unique opportunity for developers and investors to secure a versatile parcel of land in a highly sought-after commercial district. Whether you're looking to expand your portfolio or bring a new vision to business, this property delivers unmatched potential. Don't miss your chance to build your future in one of Ottawa's most strategic industrial hubs. (id:65958)

Subtype
Vacant Land
Community
2104 - Canotek Industrial Park
Lot dimensions
249.97 x 269 FT
On market
Oct 9, 2025
Status changed
Apr 24, 2026
Annual tax
$34,114 (2025)
Zoning
IL2H(14)
Photos
4
MLS#
X12454744
Area
OTTAWA

Features and systems

Utilities

SewerElectricityCable
Negative cash flow ~$3,105/mo at these assumptions

Cash on cash

-6.23%

Cap rate

3.62%

GRM

16.7

Break-even rent

$18,219

Financing

Down payment$598,000
Loan amount$2,392,000
Mortgage$12,120/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$1,370
Insurance$80
Maintenance$2,492
CapEx reserve$1,246
Vacancy loss$748

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 $12,120/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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