5 days on Market

1229 Colonial Rd, Ottawa, Ontario K4B 1N2

Detached
2
2
~1500-2000 sqft
$649,900
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Detached
2
2
~1500-2000 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$379/sqft

Est. Mortgage$2,791/mo

Tax Amount (2024)$5,247/yr

Days On Market5 days


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.


Property Details

Style2-Storey
View-
Age of property100+
SqFt~1500-2000 SqFt
Lot Size23,310 SqFt(315 x 74)
Parking Spaces11
MLS ®NumberX12172432
Community NameNavan - Carlsbad Springs
Data SourceTRREB
Listing byREAL BROKER ONTARIO LTD.

Features

Heating: Forced Air
Cooling: Other
Basement: Unfinished

Main Floor

Dining

4.57 x 4.57

Kitchen

4.26 x 3.04

Living

4.87 x 4.26

Foyer

1.21 x 4.26


Features

Lot size: 23,310 SqFt

Parking

Garage spaces 8

Garage type Detached

Other parking spaces 3

Total parking spaces 11


Property History

May 26, 2025
ListedActive
$649,900
5 days on market
history photo preview29
Listing by trreb®
Property listed by REAL BROKER ONTARIO LTD., Brokerage

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Population and Demographics

Overview

Total population 10397
Average household income $153,148

Age (%)

0 to 19
29%
35 to 49
24%
50 to 64
18%
20 to 34
18%
65 and plus
11%

Household composition (%)

Single family
79%
Single person
18%
Multi person
3%
Multi family
1%

Mother tongue (%)

English
48%
French
33%
Arabic
5%
English and French
5%
Others
4%
Urdu
1%
Spanish
1%

House tenancy (%)

Owners
82%
Renters
18%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget