$2,850,000
For sale: Other

Financing available!!!!!! This commercial retail plaza presents a strong investment opportunity with stable income and a diversified tenant mix. The property generates approximately $19,000 per month in rental income totalling $228,000 annually.Annual operating expenses are approximately $40,000, resulting in a net operating income (NOI) of approximately $188,000 per year, the property offers a cap rate of approximately 6.6%.The plaza consists of multiple income-producing retail units occupied by established businesses, including an Indian restaurant, electronics store, cigarette/vape shop, hair salon, pizza shop, and a convenience store, providing consistent foot traffic and reduced vacancy risk.The property also offers approximately 30 on-site parking spaces, enhancing accessibility and tenant appeal. This is a solid opportunity for investors seeking stable cash flow with long-term potential.
Sold data
Homes in Chatelaine Village took a median of 22 days to sell over the last 365 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 42, across 75 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 27 days.
The median sale price was $579,900.
Homes sold for about 1.4% below asking on average, so there was room to negotiate.
About 13% of sales closed above the list price.
Around 8% of sellers reduced their price before finding a buyer.
Based on 75 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Ottawa has 217 Fraser Institute–rated schools (174 elementary and 43 secondary), averaging 6.2/10.
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale

$1,899,900
Other183 MONTREAL ROAD, 3402 - Vanier, Ottawa

$2,400,000
Other20731 CONCESSION 5 ROAD, 724 - South Glengarry (Lancaster) Twp, South Glengarry

$2,500,000
Other1/3/5/9/13/15/23 JESSIE STREET, 810 - Brockville, Brockville

$2,400,000
Other75-79 MONTREAL ROAD, 3401 - Kingsview Park, Ottawa

$1,995,000
Other623-655 LAURIER ST STREET, 606 - Town of Rockland, Clarence-Rockland

$2,595,000
Other806 GREENBANK ROAD, 7701 - Barrhaven - Pheasant Run, Ottawa

$2,999,999
Other00 THOMPSON ROAD, 707 - North Dundas (Winchester) Twp, North Dundas

$2,700,000
Other1301 SPENCE AVENUE, 612 - Hawkesbury, Hawkesbury