Commercial Properties for Sale in Gloucester

Gloucester Multifamily for Sale - East Central

Outstanding Multi-Family Investment with Income & Future Potential. Located in Ottawas east end, this well-maintained 6-unit apartment building offers both stable rental income and exciting long-term growth opportunities. Sitting on a generously sized 0.24-acre lot (~80 ft frontage x ~132 ft depth), the property combines strong cash flow with excellent redevelopment potential. Currently fully occupied, the building generates over $10,031 in monthly rental income (~$120,372 annual), making it an attractive turnkey investment from day one. The unit mix is highly rentable and diverse: three 2-bedroom units, two 1-bedroom units, and one bachelor apartment. Recent improvements include a new 50-year roof installed in 2018 and modern renovations in several units, reducing future maintenance concerns and enhancing tenant appeal. The property is zoned R1WW[637], unlocking possibilities for future development while maintaining immediate income stability. The location is a major asset- just minutes from Highway 417, Blair and Cyrville LRT stations, shopping centres, restaurants, and everyday conveniences. Tenants benefit from excellent connectivity, while investors gain peace of mind knowing the property is situated in a desirable and growing area. Whether you are looking to expand your multi-family portfolio, secure a reliable cash-flowing property, or position yourself for redevelopment in the future, this building checks all the boxes. A rare opportunity to invest in a strong-performing asset with both present income and future upside.

Property Subtype:

Apartment

Date on Market:

2026-06-01

Ottawa Land for Sale - East Central

Positioned along bustling Innes Road in the rapidly expanding suburban Ottawa community of Blackburn Hamlet, this exceptional development opportunity offers outstanding potential for both residential and commercial projects. With dual access from Innes Road and Glen Park Drive, the property provides excellent visibility, accessibility, and flexibility for future development plans. Zoned to accommodate a variety of residential and commercial uses, this site is ideal for investors, developers, and builders looking to capitalize on one of Ottawa’s growing suburban corridors. The existing detached home is being sold in “as-is, where-is” condition, with the property being offered primarily for land value.

Property Subtype:

Commercial

Date on Market:

2026-05-07

Gloucester Land for Sale - East Central

Located near the controlled intersection of Leitrim Road and on the east side of Limebank, the Property has excellent access to Hunt Club Road, Highway 416, and the Ottawa International Airport. The Property benefits from its interconnectivity to major transportation routes, proximity to many local amenities, and many upcoming developments. The size, configuration and location of the Property provides an exceptional and scalable development opportunity The Official Plan designation and new 2026 proposed zoning bylaw of Industrial and Logistics permits a wide range of uses including; Automobile body shop, heavy equipment and vehicle sales, light industrial, R&D, storage yard and more.

Property Subtype:

Industrial

Date on Market:

2026-03-13

Gloucester Flex for Sale - East Central

Property Subtype:

Light Manufacturing

Date on Market:

2026-02-25

Ottawa Multifamily for Sale - East Central

Avison Young has been mandated to advise and manage the sale of 2491 Cleroux Cres., Ottawa, ON. This is an exceptional opportunity to acquire a renovated turnkey asset in an established rental market. - Total of 11 residential rental units - 7/8 townhomes fully renovated - Approximately 4.75% cap rate on in-place financials - 20 minute drive to Downtown Ottawa

Property Subtype:

Apartment

Date on Market:

2025-10-14