215 COLONNADE ROAD, Ottawa

$3,899,000

For sale: Other

Other at 215 COLONNADE ROAD, Ottawa
Property type
Industrial
MLS®
MLS® X13149788
Neighbourhood
7203 - Merivale Industrial Park/Citiplace

7,902 SF flex building: 4,023 SF office, 3,115 SF lab and light industrial, plus a 764 SF detached workshop. Vacant possession December 2026, with full owner-user occupancy of all space. Recent capital invested in new roof, window glass, interior updates, and new 764 SF detached workshop (2023-2024). Office, lab, light industrial, and drive-in doors under one roof, a rare combination at this size. 35 surface parking spaces (~4.4 stalls per 1,000 SF), well above the IM minimum. IM (Mixed Industrial) zoning permits industrial, light manufacturing, office, R&D, and flex/mixed industrial uses. Building site coverage of just 11.3%, substantial room for vertical or horizontal expansion. Colonnade Business Park location: 5 km to Highway 416, 9 min to Ottawa Airport, walk to Merivale retail.

Sold data

Other homes in Ottawa — recent sold market

Other homes in Ottawa took a median of 28 days to sell over the last 730 days, with the quickest quarter selling within 11 days and the slowest quarter taking more than 58, across 45 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 35 days.

The median sale price was $799,000.

Homes sold for about 2.5% below asking on average, so there was room to negotiate.

About 13% of sales closed above the list price.

Around 20% of sellers reduced their price before finding a buyer.

Median days to sell
28
Median sale price
$799,000
Sale-to-list ratio
97.5%
Sold above asking
13%

Based on 45 recorded sales in the last 2 years — a small sample, so treat these figures as indicative. 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 215 COLONNADE ROAD