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1229 Colonial Road Ottawa, Ontario K4B 1N2

2 Bedroom 2 Bathroom 1500 - 2000 sqft
Forced Air

$649,900

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. (id:36465)

Property Details

MLS® Number X12172432
Property Type Single Family
Community Name 1111 - Navan
Features Carpet Free
Parking Space Total 11

Building

Bathroom Total 2
Bedrooms Above Ground 2
Bedrooms Total 2
Age 100+ Years
Basement Development Unfinished
Basement Type N/a (unfinished)
Construction Style Attachment Detached
Exterior Finish Brick Veneer, Vinyl Siding
Foundation Type Block
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Interior 1500 - 2000 Sqft
Type House

Parking

Detached Garage
Garage

Land

Acreage No
Sewer Septic System
Size Depth 315 Ft
Size Frontage 74 Ft
Size Irregular 74 X 315 Ft
Size Total Text 74 X 315 Ft
Zoning Description Vm6 And V1e

Rooms

Level Type Dimensions
Second Level Primary Bedroom 4.87 m x 4.57 m
Second Level Bedroom 4.57 m x 4.26 m
Second Level Den 2.43 m x 2.13 m
Main Level Dining Room 4.57 m x 4.57 m
Main Level Kitchen 4.26 m x 3.04 m
Main Level Living Room 4.87 m x 4.26 m
Main Level Foyer 1.21 m x 4.26 m

https://www.realtor.ca/real-estate/28364892/1229-colonial-road-ottawa-1111-navan

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