159 COLONNADE ROAD, Ottawa
$3,385,000
For sale: Other
- Property type
- Industrial
- MLS®
- MLS® X13160928
- Neighbourhood
- 7203 - Merivale Industrial Park/Citiplace
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).
Sold data
Homes in Ottawa — recent sold market
Homes in Ottawa took a median of 26 days to sell over the last 90 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 50, across 2,349 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 46 days.
The median sale price was $644,900.
Homes sold for about 2.1% below asking on average, so there was room to negotiate.
About 10% of sales closed above the list price.
Around 23% of sellers reduced their price before finding a buyer.
- Median days to sell
- 26
- Median sale price
- $644,900
- Sale-to-list ratio
- 97.9%
- Sold above asking
- 10%
Based on 2,349 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Schools in Ottawa
Ottawa has 217 Fraser Institute–rated schools (174 elementary and 43 secondary), averaging 6.2/10.
- Rated schools
- 217
- Elementary
- 174
- Secondary
- 43
- Average rating
- 6.2 / 10
Top-rated schools in Ottawa
- Hopewell Avenue — elementaryFraser rating 8.5/10
- Agincourt Road — elementaryFraser rating 8.4/10
- First Avenue — elementaryFraser rating 8.4/10
- Nepean — secondaryFraser rating 8.3/10
- Elmdale — elementaryFraser rating 8.2/10
- Jean-Robert Gauthier — elementaryFraser rating 8.2/10
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale
Homes for sale near 159 COLONNADE ROAD
$2,200,000
Other15 HUISSON ROAD, 9104 - Huntley Ward (South East), Ottawa
$2,300,000
Other162 WESCAR LANE, 9104 - Huntley Ward (South East), Ottawa
$2,999,900
Other2188 ROBERTSON ROAD, 7802 - Westcliffe Estates, Ottawa
$2,600,000
Other43-45 ECCLES STREET W, 4205 - West Centre Town, Ottawa
$2,999,900
Other2188 ROBERTSON ROAD, 7802 - Westcliffe Estates, Ottawa
$2,650,000
Other6 WATER STREET, Tehkummah
$3,500,000
Other4178 MAIN STREET, 4406 - Ottawa East, Ottawa
$2,650,000
Other499 PRESTON STREET, 4502 - West Centre Town, Ottawa