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Investment signal

$439,900

33 - 5470 CANOTEK ROAD

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Beds

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Baths

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Sqft

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Year

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Type

Industrial

Suite

Suite potential

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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

*** Visit the REALTOR website for further information about this Listing *** Rare Investment Opportunity Versatile Commercial Space. Unlock the potential of this commercial unit offering exceptional income opportunities. Whether you're looking to expand your business, lease out space, or maximize investment returns, this property provides the flexibility to keep the space you need and rent out the rest. Located in a prime area with excellent accessibility, this property is easily reached via Highway 174, Montreal Road, and the upcoming Ottawa Light Rail eastern extension, ensuring convenience for clients, employees, and deliveries. Commercial condominium zoned Light Industrial, ideal for various business uses. Spacious open layout with 2,000 square feet of space over two floors. Top floor open space with a full bathroom, heating, air conditioning, and a separate electrical panel. Full-size garage door, perfect for storage, loading, or operations. Upgraded interior with track lighting, tile, and laminate flooring throughout. 200-amp, three-phase power to support high-demand electrical needs. City water included. Ample parking included. This unique investment opportunity offers the flexibility to tailor the space to your needs while generating strong rental income potential. Don't miss your chance to own a premium commercial property in a high-demand location. (id:65958)

Subtype: Industrial
Community: 2104 - Canotek Industrial Park
Living area: 2,000 square feet
Lot dimensions: Unit=25 x 40 FT
On market: Mar 23, 2026
Status changed: Apr 24, 2026
Annual tax: $3,458
Zoning: IL2H(14)
Photos: 10
MLS#: X12910530
Area: OTTAWA

Features and systems

Heating

Forced airNatural gas

Cooling

Fully air conditioned

Negative cash flow ~$335/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

-4.56%

Cap rate

3.95%

GRM

15.3

Break-even rent

$2,752

Financing

Down payment$87,980

Loan amount$351,920

Mortgage$1,783/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$202

Insurance$80

Maintenance$367

CapEx reserve$183

Vacancy loss$120

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 $1,783/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.