1488 Stittsville Main St - Retail FOR SALE


Ottawa, ON K2S 1E3- Nepean Kanata
$3,500,000 CAD
613-276-0398
1488 Stittsville Main St, Ottawa, ON for Sale
$3,500,000 CAD
Retail - FOR SALE
1/3
null | Request Cap Rate

1488 Stittsville Main St
Ottawa, ON K2S 1E3
Nepean Kanata


HIGHLIGHTS

  • Located in the core of Stittsville with proximity to public transit and a future transit station.
  • Flexible TM9 zoning supports a wide range of commercial and residential uses.
  • Concept plan includes seven commercial units, 64 residential apartments, and 40 underground parking spaces.
  • Surrounded by established neighborhoods and new residential developments driving strong demand.
  • Convenient access to major highways, shopping, dining, and recreational amenities.
  • Positioned in an area with significant planning and development activity over recent years.

OVERVIEW

This property presents a rare and significant development opportunity in the heart of Stittsville, one of Ottawa’s fastest-growing suburban communities. Currently improved with a retail plaza, the site spans a generous 119 ft by 180 ft and is positioned within a vibrant neighborhood surrounded by established and emerging residential developments. The property benefits from flexible TM9 zoning, allowing for a wide range of commercial and residential uses, making it highly attractive for mixed-use redevelopment. The site is designed for visibility and convenience, featuring oversized windows, ample parking, and quick access to major highways, public transit, and a future transit station. Development plans envision seven ground-floor commercial units, 64 residential apartments (1-2 bedrooms), and 40 underground parking spaces, aligning with the area’s strong demand for housing and retail services. Located near restaurants, shopping, and recreational amenities, this property is well-positioned to capitalize on Stittsville’s ongoing growth and planning initiatives. With strong development momentum in the district and increasing activity in the surrounding area, this asset offers exceptional long-term potential for investors, developers, and business owners seeking a high-visibility, high-demand location.

FOR SALE DETAILS

PRICE

$3,500,000 CAD

PRICE/SF

$492 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1989

SPRINKLERS

-

PARKING SPACES

35

LAND DETAILS

LAND ACRES

0.49 AC

LAND SF

21,344 SF

ZONING

TM9

APN/PARCEL ID

061427282009800

ASK ABOUT THIS PROPERTY

Akram SyedRe/Max Affiliates Realty LTDMore Info
613-276-0398

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Akram SyedRe/Max Affiliates Realty LTDMore Info
613-276-0398

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.