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$ 649,900
Est. payment | /mo
2 Beds
2 Baths
$ 649,900
Est. payment | /mo
2 Beds
2 Baths
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500-2000
Subdivision 1111 - Navan
MLS Listing ID X12172432
Style 2-Storey
Bedrooms 2
Building Age 100+
Annual Tax Amount $5,247
Tax Year 2024
Property Sub-Type Detached
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.
Location
Province ON
County Ottawa
Community 1111 - Navan
Area Ottawa
Rooms
Family Room No
Basement Unfinished
Kitchen 1
Interior
Interior Features Storage, Carpet Free
Cooling Other
Fireplace No
Heat Source Gas
Exterior
Garage Spaces 8.0
Pool None
Roof Type Metal
Lot Frontage 74.0
Lot Depth 315.0
Total Parking Spaces 11
Building
Foundation Block
Listed by REAL BROKER ONTARIO LTD.
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