Home · Buy · Cityview - Parkwoods Hills - Rideau Shore · 159 Colonnade Road, Cityview - Parkwoods Hills - Rideau Shore, ON K2E 7J4
+ 15 photosFor Sale · Industrial
159 Colonnade Road, Cityview - Parkwoods Hills - Rideau Shore, ON K2E 7J4
Cityview - Parkwoods Hills - Rideau Shore · 7203 - Merivale Industrial Park/Citiplace
116 days on market
—
Beds
—
Baths
25
Parking
10901 sq ft
Sq ft
—
Built
About this home
Freestanding building with ample parking in the established Colonnade Business Park. Three in-place tenants generate $91,445 of Year 1 basic rent. Owner-user occupies 4,589 SF (42%) vacant on closing. The 10,901 SF flex building sits on 0.88 acres in Colonnade Business Park with IM zoning, 6 bays, a partial 2nd-floor office, and recent roof, paving, and HVAC capex. 600A 240V 3-Phase + 225kVA available, sized for industrial owner-occupants and trades. Ideal for industrial owner-occupants who want immediate space plus income, with room to absorb the leased portion as tenant rolls open. Phase I ESA clean (April 2026).
Property details
Listed on
May 22, 2026
Days on market
116 days
Property tax
$32,130 (2025)
Lot
86 × 300 Feet
Heating
Gas Forced Air Closed
Cooling
Yes
MLS®
X13160928
Full details
Parking
GarageNone
Driveway25
Total parking25
Property & sold history
Listing history
| Date Start | Date End | Price | Status | Listing ID |
|---|---|---|---|---|
| May 22, 2026 | — | $3,600,000 | For Sale | X13160928 |
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True cost to close
What you actually need in cash — land transfer tax, closing costs, and your down payment.
Purchase price
$
Down payment · 20.0%
$
Down:or type any amount above
Homes over $1.5M require a minimum 20% down payment.
Legal fees
$
Title insurance
$
Home inspection
$
Ontario land transfer tax$76,475
Legal · title · inspection$2,800
Closing costs$79,275
Down payment$720,000
Total cash to close$799,275
Estimates only, not legal or tax advice. Ontario LTT rates 2025; City of Toronto MLTT applies inside Toronto (incl. Scarborough, North York, Etobicoke, York, East York). Durham and Markham buyers pay no municipal LTT.
