2 - 2244 RUSSELL ROAD, Ottawa

$16/sqft

For rent: Other

Other at 2 - 2244 RUSSELL ROAD, Ottawa
Property type
Commercial Retail
Bedrooms / bathrooms
1 bathroom
MLS®
MLS® X14099112
Neighbourhood
3704 - Hawthorne Meadows

Bright, open +/-2,500 sq ft ground-floor space for lease at 2244 Russell Road in Elmvale Acres. Unit 2 offers a large open hall with abundant natural light and durable flooring, a kitchenette/servery with extensive cabinetry, a washroom and built-in storage. The space includes the fenced outdoor area on the side of the building, and there is plenty of parking at the back of the 1.8-acre site. Zoned I1A (Minor Institutional). Well suited to rehearsal space, theatre and arts groups, music rehearsals, dance, daycare, community space or a recreation hall (tenant to verify permitted use with the City of Ottawa). Convenient access along Russell Road with public transit nearby. Net rent $16.00/sq ft. No property tax payable; maintenance, insurance, management and utilities are extra. 5-year term. Available immediately.

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 51, across 2,356 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 47 days.

The median sale price was $649,000.

Homes sold for about 2.0% below asking on average, so there was room to negotiate.

About 11% of sales closed above the list price.

Around 22% of sellers reduced their price before finding a buyer.

Median days to sell
26
Median sale price
$649,000
Sale-to-list ratio
98.0%
Sold above asking
11%

Based on 2,356 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 2 - 2244 RUSSELL ROAD