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Michael Tzakas

Sales Representative
RE/MAX Hallmark Realty Ltd, Brokerage Independently owned and operated. 685 Sheppard Ave East, Richmond Hill, Ontario M2K 1B6 Cell: 416-561-3911Office: 416-494-7653

$4,900,000
Available - For Sale
Listing ID: X13727572
2474 Leitrim Road , Blossom Park - Airport and Area, K1T 3V3, Ottawa


This 5-acre site offers an attractive combination of current income, storage upside and longer-term development potential in a strategically located area between the two rapidly growing residential communities of Findlay Creek and Riverside South . The property currently generates approximately $250,000 of gross income from existing month-to-month tenancies including the monthly mini-storage operation. The 78-unit mini-storage component is approximately 50% occupied, providing an opportunity to increase revenue as occupancy grows and capitalize on the continued residential development surrounding the property. The site also offers longer-term development potential, with conceptual plans showing future warehouse development while maintaining the existing mini-storage use. Ideal for an owner-user seeking residual income today with flexibility for expansion or redevelopment. Contact the listing agents for further information and to arrange a tour.
Price $4,900,000
Taxes: $68362.00
Tax Type: Annual
Occupancy: Owner
Address: 2474 Leitrim Road , Blossom Park - Airport and Area, K1T 3V3, Ottawa
Postal Code: K1T 3V3
Province/State: Ottawa
Legal Description: FIRSTLY : PART OF LOT 16, CONCESSION 3,
Directions/Cross Streets: Leitrim Rd and Albion Rd
Washroom Type No. of Pieces Level
Washroom Type 1 0
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Category: Designated
Total Area: 5.00
Total Area Code:  Acres
Washrooms: 0
Sewers: None
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES
Personal Picture
Michael Tzakas
Sales Representative
Dir:
416-561-3911
Bus:
416-494-7653
 
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At a Glance:
Type: Com - Land
Area: Ottawa
Municipality: Blossom Park - Airport and Area
Neighbourhood: 2605 - Blossom Park/Kemp Park/Findlay Creek
Style:
Lot Size: x 662.93(Feet)
Approximate Age:
Tax: $68,362
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
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