159 Colonnade Road
7203 - Merivale Industrial Park/Citiplace, Cityview - Parkwoods Hills - Rideau Shore, K2E 7J4
$3,600,000
Listed 151 days ago · MLS® X13160928
About this home
Freestanding building with ample parking in the established Colonnade Business Park. Three in-place tenants generate $91,445 of Year 1 basic rent. Owner-user occupies 4,589 SF (42%) vacant on closing. The 10,901 SF flex building sits on 0.88 acres in Colonnade Business Park with IM zoning, 6 bays, a partial 2nd-floor office, and recent roof, paving, and HVAC capex. 600A 240V 3-Phase + 225kVA available, sized for industrial owner-occupants and trades. Ideal for industrial owner-occupants who want immediate space plus income, with room to absorb the leased portion as tenant rolls open. Phase I ESA clean (April 2026).
Details
- Type
- Industrial
- Lot
- 86 × 300 ft
- Garage
- None
- Property tax
- $32,130 (2025)
- Neighbourhood
- 7203 - Merivale Industrial Park/Citiplace
- Municipality
- Cityview - Parkwoods Hills - Rideau Shore
Heating, cooling and services
- Heating
- Gas Forced Air Closed
- Air conditioning
- Yes
- Utilities
- Yes
Building and exterior
- Building area
- 10,901 Square Feet
More
- Possession
- Flexible
- Cross street
- Colonnade Road and Merivale Road
Location
Location is approximate. See nearby homes on the map
Recent sales nearby
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The neighbourhood
Getting around Somewhat walkable
No subway, LRT or GO station within a short trip.
Within a 10-minute walk: no grocery stores, 9 cafés and restaurants, 3 parks. Nearest park: Nepean Creek Park (750 m).
Schools nearby
Elementary
- École élémentaire catholique Laurier-Carrière Catholic · French
EQAO: Gr 6 reading 88%, math 60%1.2 km - Century Public School1.3 km
- Carleton Heights Public School
EQAO: Gr 6 reading 65%, math 18%2.0 km - St. Rita School Catholic
EQAO: Gr 6 reading 93%, math 64%2.0 km
Secondary
- Redeemer Christian High School Private8 min walk
- École secondaire publique Omer-Deslauriers French19 min walk
- Frank Ryan Catholic Intermediate School Catholic1.6 km
EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.
Closest schools, not school zones. Check which school serves this address with the school board before relying on it.
Who lives here postal area K2E
- Owners / renters
- 56% / 44%
- Median household income
- $89,000
- Average age
- 43
- Children under 15
- 16%
- Homes
- 42% detached, 24% high-rise
- Commute by transit
- 14%
- Population
- 20,172
Languages spoken most at home besides English: Arabic 4.5%, Italian 1.3%, Mandarin 1.3%, Somali 1.2%.
Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario).
Living here
Commute
To downtown Ottawa: 9 km. Transit times · Driving times
Noise 2 sources nearby
- 🚆 Rail line (CN Beachburg Subdivision)50 m
- ✈️ In line with a Macdonald-Cartier runway2.3 km
Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.
Internet High-speed
50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).
From the federal broadband map. Check exact speeds and providers for the address.
Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.
Listed by EXP REALTY.
Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.