Seniors Homes
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2179 Elmira Drive in Ottawa: 6302 - Parkway Park Commercial for sale (Parkway Park - Queensway Terrace S and Area) : MLS®# X12095347
2179 Elmira Drive Ottawa K2C 3S1 
$1 /For SaleCommercial- Status:
- Active
- MLS® Num:
- X12095347
- Major Bus.:
- Seniors Residence
- Total Area:
- 2.97 acre(s)
The Property is being offered on an unpriced basis with a bid-date to be announced. This exceptionally well-located property in Ottawa's west end provides an investor or developer an opportunity to reposition an existing 5-storey, 87,000square foot building while securing a 2.968-acre parcel of land currently with permissions for the development of multiple high-rise towers with maximum heights of up to 18-stories.Nestled within Ottawa West, the Pinecrest neighborhood is amenity rich offering direct access to service retail, necessity retail, employment, entertainment, community services, athletic facilities and schools for all ages. The Property has quick access to all forms of transportation, including proximity to the Pinecrest Light Rail Transit station via a new pedestrian fly-over, access to multi-use pathways and an established network of neighborhood, arterial and highway roadways. The Property is currently improved with a vacant 5-storey, 87,000 square foot former long-term care home with 81 surface paved parking stalls and a well land scaped garden area. More detailsListed by CBRE LIMITED- NEIL JAIN
- 1 (416) 740-0002
- sales@rcbrealty.com
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in Kawartha Lakes: Ops Commercial for sale : MLS®# X12110883
$3,249,900 /For SaleCommercial- Status:
- Active
- MLS® Num:
- X12110883
- Major Bus.:
- Seniors Residence
- Total Area:
- 19,258 sq. ft.
A rare opportunity to take over a well-managed and cared for Retirement Home in South Kawartha Lakes County. This home has over 35 rooms with a mix of studio and one-bedroom units, 2pc and 3pc ensuite bathrooms in most rooms and an operating occupancy rate average of 89%. Excellent mechanicals and upgrades including: updated electrical service (400 amps), new cistern, multiple forced air heating and cooling units, sprinkler system with diesel backup generator, propane generator, updated roofing and windows, new hot water tanks, commercial style kitchen with 6 ft exhaust hood. Improved and profitable trailing 12-month financials as a result of improved occupancy rates and increased room revenues. Exceptionally well-positioned on 2 acres of property and surrounded by existing and future residential development. As a buy-and-hold strategy with solid holding income for future development, this opportunity offers any investor the benefit of current cash flows and upside from future development or land inclusion. More detailsListed by ROYAL LEPAGE REAL ESTATE SERVICES LTD. and RIGHT AT HOME REALTY- NEIL JAIN
- 1 (416) 740-0002
- sales@rcbrealty.com
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Data was last updated May 17, 2025 at 04:15 AM (UTC)
Office Address:
1200 Speers Rd Unit 16
Oakville, ON, L6L 2X4