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1120 March Road, Ottawa, ON 47 photos

$4,300,000

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1120 March Road, Ottawa, ON· Kanata - Rural Kanata (Central)

About this Property

  • 40 parking spaces with room to expand (new pavement 2022)

This property consists of two parcels, with two separate legal descriptions, PINS and ARN. Kanata North development opportunity. Rapid residential expansion surrounds this site, including a 3,500 unit residential development directly adjacent. 1120 March Road has a commercial plaza with 4,844 square feet on the main level and 4,000 square feet of finished space in the walkout basement. 1126 March Road is approximately 2.7 acres, with a a two (2) story, approximately 1,500 square foot detached home. 4.69 Acres of combined land available for development. Located on the Northeast side of March Road, less than one (1) kilometer from Klondike Road and Kanata's tech district. This location offers excellent exposure and great advertising visibility due to the high traffic along this major thoroughfare. A great income property that is also a superb investment for both the current income stream and future potential. This location is a prime development site for further commercial and residential opportunities to expand along the urban boundary. Fully tenanted four (4) unit commercial plaza. 40 parking spaces with room to expand (new pavement 2022). Propane gas, forced air heating. Municipal water services connected.

Listed by ZINATI REALTY INC. · MLS# X12996066

Features & Details

Property details of 1120 March Road, Ottawa, ON

Property TypeLand
StyleDesignated

Mortgage Calculator

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Mortgage Payment$21,125/monthly
Principal54%
Interest46%
Principal Amount$3,440,000
Interest$2,897,383
Total Payable$6,337,383
Amortization25 years

* Estimate only. Consult a mortgage broker for accurate figures.

Cash Flow Analysis

Mortgage payment$21,125
Mortgage + Expenses$21,125
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$
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Monthly Cash Flow-$21,125

* Estimate only. Consult a mortgage broker for accurate figures.

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Akash Sharma

Akash Sharma

REALTOR® · Ali Realty Group Inc.

Ottawa's trusted real estate partner with 170+ successful transactions and $30M+ in sales.

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