The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
OWN YOUR SPACE. BUILD YOUR INVESTMENT. An exceptional opportunity to acquire a brand-new, four-unit industrial/office property in Greely Business Park, offering approximately 13,600 sq. ft. on 1.16 acres. With two units already leased, this property offers compelling options for both owner-occupiers and investors. Establish your business in approximately 7,700 sq. ft. across Units 300 and 400 while collecting rental income from Units 100 and 200, or lease the remaining space and hold the entire building as a long-term investment.Built for today's business needs, features include 16-foot clear heights, grade-level loading with 10' x 14' overhead doors, 600V/three-phase power, heat-pump climate control, functional warehouse and supporting office areas, and 18 on-site parking spaces. A standout feature is the rooftop solar energy system, projected to deliver approximately $25,000 annually in energy value through Hydro One's Net Metering Program, helping offset electricity costs and providing a built-in sustainability advantage.The four-unit configuration provides flexibility for business growth, tenant mix and future leasing strategies, while new construction offers modern systems and reduced exposure to near-term capital replacements. Positioned in Greely Business Park with access from Bank Street via Parkway Road, the property serves Greely, Manotick, Metcalfe and the wider south-Ottawa market, including the growing communities of Riverside South and Findlay Creek.Well suited to warehousing, light industrial operations, service businesses and contractor-related uses, subject to City of Ottawa zoning. Anticipated occupancy late 2026 to early 2027. Secure a modern base for your business, an income-producing asset, or a combination of both.
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Estimated Rental Income
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A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$25,813/mo
Mortgage (principal + interest)$25,813
Minimum 20% ($1,380,000 on this price) applies to homes priced over $1.5M in Canada; the slider starts at 20%. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$1,380,000
Ontario land transfer taxProvincial brackets, no first-time refund$158,975
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$1,541,775
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Greely - Metcalfe - Osgoode - Vernon and Area has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
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