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.
An extraordinary business asset for sale opportunity hit the market at 6336 Fallowfield in Ottawa's western corridor, allowing an entrepreneur to acquire a fully built-out outdoor go-kart facility at a fraction of replacement cost. This turnkey venue is situated on a high-visibility, 15-acre parcel with flexible RC zoning for outdoor recreation with mini golf course, ensuring a buyer does not need to start a business from scratch or endure lengthy site development timelines, and heavy civil engineering costs. The previous occupant executed the most capital-intensive phases of construction-including extensive grading, a professionally paved asphalt racing circuit, safety impact barriers, a customer reception building, and a maintenance workshop-before internal partnership challenges forced their exit after 18 months. Because of this early departure, nearly the entire inventory of owned commercial karts and shop tools was left behind and is included in this transaction as a clean asset sale, completely free of past corporate liabilities and sold strictly "as-is, where-is." Strategically located minutes from the booming residential sectors of Stittsville and Richmond, and just 15 minutes from the massive Kanata North Technology Park, the site offers friction-free access to thousands of corporate clients and high-income families. Because the track utilizes only a portion of the massive acreage, a visionary operator can easily maximize cash flow by transforming the venue into a multi-tiered family entertainment destination, adding secondary revenue streams like food truck leasing or miniature golf. Detailed asset inventories and lease templates will be verified by the potential buyer. A showing fee of 25% of the selling side commission + hst will be withheld by the Listing Brokerage if they introduce/show a Co-op broker's eventual buyer, buyer's spouse, partner or immediate family member to the property through a private showing. land for lease: MLS#: X13151302.
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Estimated Rental Income
Rental estimate coming soon
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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$2,411/mo
Mortgage (principal + interest)$561
Property taxFrom listing: $22,204/yr$1,850
Minimum $7,500 down for this price; the slider moves in whole percent, starting at 5%. Under 20% adds mortgage default insurance. 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$30,000
Ontario land transfer taxProvincial brackets, no first-time refund$1,225
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$34,025
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Stittsville - Munster - Richmond 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.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
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