Strong Commercial Real Estate Returns in Ottawa Continue…

FORD innovation centre (3)
Yet another sale of commercial real estate in Ottawa demonstrates the high return potential in the region. This time it was the early April sale of 237 Montreal Road for $1.695 Million. Constructed in 1956, this ±10,000 sq.ft. multi-tenant retail-office building was purchased in late-2015 for $1.1 Million, resulting in a total return of just over 54% in only 18-months.

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