1229 COLONIAL ROAD Active

Ottawa,ON K4B1N2

$ 649900

2 Beds

2 Baths

1500 SqFt


Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 1,500 sqft

Price per Sqft $433

Subdivision 1111 - Navan

MLS Listing ID X12172432

Bedrooms 2

Property Sub-Type Freehold

Source Ottawa Real Estate Board

Property Description

Welcome to 1265 Colonial Road, a rare and versatile property offering exceptional potential for developers, investors, and business owners alike. Located just minutes from Orleans in the growing village of Navan, this over half-acre lot features highly sought-after dual zoning VM6 commercial zoning at the front and residential zoning at the rear creating an ideal platform for mixed-use development, land severance, or long-term investment with strong upside.The existing two-bedroom, two-bathroom bungalow is well maintained and move-in ready, offering immediate rental or end-user value. A large detached shop sits within the commercial portion of the lot and is ideally suited for a trades business, rental storage, or a future commercial tenant. The property offers strong holding potential while development plans are pursued, making it an excellent entry point for newer investors looking to build equity with income-producing real estate.VM6 zoning permits a wide range of commercial and mixed-use applications including retail, daycare, office, and low-rise apartments. The residential zoning at the rear offers potential to sever and build a second dwelling, custom home, or simply hold as additional yard space or resale land. With over 0.5 acres and rare dual frontage on Colonial Road and Fairgreen Avenue, the site offers excellent access, visibility, and long-term flexibility. Set in a fast-developing corridor surrounded by estate homes and rural intensification, this property is positioned for continued value growth. Developers and investors will appreciate the proximity to public transportation, parks, and the Navan Fairgrounds, plus easy access to Trim Road, Highway 174, and east Ottawa. Whether youre an experienced builder or a first-time investor, this property offers multiple profitable outcomes. Buy and hold, rent and sever, build new, or develop a mixed-use concept the zoning is in place and the market is moving. Book your showing today. (id:24570)

Location

State ON

Rooms

Kitchen 1.0

Extra Room 1 Second level 4.87 m X 4.57 m Primary Bedroom

Extra Room 2 Second level 4.57 m X 4.26 m Bedroom

Extra Room 3 Second level 2.43 m X 2.13 m Den

Extra Room 4 Main level 4.57 m X 4.57 m Dining room

Extra Room 5 Main level 4.26 m X 3.04 m Kitchen

Extra Room 6 Main level 4.87 m X 4.26 m Living room

Interior

Heating Forced air

Exterior

Parking Features Yes

View Y/N No

Total Parking Spaces 11

Private Pool No

Building

Story 2

Sewer Septic System

Others

Ownership Freehold

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