1929 Russell Road 1, Elmvale Acres and Area, ON K1G 4G3
$7,685,000
1929 Russell Road 1, Elmvale Acres and Area, ON K1G 4G3, Elmvale Acres and Area, ON
25283.0 sqft
This unit is part of a portfolio of 20 leased medical condominium units in the building and 385 parking stalls For Sale, generating an income of $500,000 and a 6.50% Cap Rate based on Listing Price. The Portfolio totals 25,283sf., and is 95% leased to medical tenants. Please see attached flyer.
Property Highlights
For Sale
MLS NO.
X12750230
Type
Commercial
Sub Type
Investment
Square Footage
25283.0 sqft
Complete Property Details
Property Type
Commercial
Sub Type
Investment
Transaction Type
For Sale
Status
Active
Contract Status
Available
MLS® Number
X12750230
Lot Width
36.58
Garage Type
Underground
Cooling
Yes
Heat Type
Gas Forced Air Closed
Internet Address Display Yn
Yes
Internet Entire Listing Display Yn
Yes
Full Address
1929 Russell Road 1, Elmvale Acres and Area, ON K1G 4G3
City
Elmvale Acres and Area
Neighbourhood
3701 - Elmvale Acres
County / Region
Ottawa
Province / State
ON
Postal Code
K1G 4G3
Cross Street
Russell Road / Lancaster Road
Directions
Turn on 1929 Russell Road
Country
CA
List Price
$7,685,000
Annual Taxes
$64,000
Tax Year
2025
Possession Type
Flexible
Listing Office
PERISCOPE REALTY INC.
Board
Toronto Regional Real Estate Board
Original Entry
2026-02-02T19:51:41Z
Media Updated
2026-03-16T20:41:59Z
Photos Updated
2026-02-02T19:51:41Z
Last Modified
2026-03-16T20:42:05Z
System Modified
2026-03-16T20:42:05.961191Z
MLS Status
Price Change
Ddfyn
Yes
Expiration Date
2026-04-30
Heat Type Multi
Gas Forced Air Closed
Hstapplication
In Addition To
Occupant Type
Tenant
Originating System Id
A00001796
Parcel Number
153170197
Public Remarks
This unit is part of a portfolio of 20 leased medical condominium units in the building and 385 parking stalls For Sale, generating an income of $500,000 and a 6.50% Cap Rate based on Listing Price. The Portfolio totals 25,283sf., and is 95% leased to medical tenants. Please see attached flyer.
