1396 Windmill Lane, Elmvale Acres and Area, ON K1B 4V5
3705 - Sheffield Glen/Industrial Park, Elmvale Acres and Area · Near Innes Rd · View map
About this home
This NNN investment acquisition presents a compelling opportunity for yield-focused investors seeking steady, predictable cash flow in one of Ottawa's most resilient industrial submarkets.Fully anchored by Synergy Formwork under an excellent covenant, 1396 Windmill Lane underwent a custom building-wide renovation in 2021 to suit the tenant's operational needs on a 7-year lease. Spanning 20,050 sq. ft. of Gross Floor Area (including a 1,250 sq. ft. mezzanine). Positioned in a high-demand commercial corridor with historically low vacancy rates and strong tenant retention, this versatile light industrial asset offers immediate income security paired with low-friction operations and stable, risk-adjusted returns.This property has 6 bay doors, floor to ceiling height ranges from 18' to 20', power is 400 amp, 600 volt.
The home
- Type
- Industrial
- Square footage
- 20050 sq ft
- Lot size
- 168.6 x 415.4 ft
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Security
- Yes
Heating & cooling
- Heating type
- Gas Forced Air Closed
- Air conditioning
- Yes
Garage & parking
- Garage
- Covered
- Total parking
- None
Taxes & other
- Property taxes
- $76,475/yr
- Tax year
- 2026
- Occupancy
- Tenant
- Possession
- Flexible
- Cross street
- Innes Rd
- Neighbourhood
- 3705 - Sheffield Glen/Industrial Park
More
- MLS® number
- X13722856
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- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
1396 Windmill Lane, Elmvale Acres and Area, ON K1B 4V5
3705 - Sheffield Glen/Industrial Park, Elmvale Acres and Area · Near Innes Rd
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Listing history for 1396 Windmill Lane
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 1396 Windmill Lane
Answers come straight from this home’s MLS® listing.
How much is 1396 Windmill Lane listed for, and what would it cost each month?
1396 Windmill Lane is listed for $5,599,999. With 20% down ($1,120,000), the mortgage payment would be roughly $22,589 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $28,962 a month, all in. That figure is an illustration, not a quote.
Is 1396 Windmill Lane freehold or a condo, and is there a monthly fee?
1396 Windmill Lane is a industrial in 3705 - Sheffield Glen/Industrial Park, Elmvale Acres and Area. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
Does 1396 Windmill Lane have a garage and parking?
Yes. The listing shows the garage as covered. The listing does not include a parking space.
What style of home is 1396 Windmill Lane?
1396 Windmill Lane is an industrial. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How big is 1396 Windmill Lane, and what is the lot size?
The lot is listed as 168.6 x 415.4 ft.
How is 1396 Windmill Lane heated and cooled?
Heating is gas forced air closed. Cooling is yes.
What are the property taxes for 1396 Windmill Lane?
Property taxes are $76,475 a year (2026), or about $6,373 a month.
Where is 1396 Windmill Lane?
1396 Windmill Lane is in the 3705 - Sheffield Glen/Industrial Park community of Elmvale Acres and Area. The nearest main intersection is Innes Rd. The postal code is K1B 4V5.
Is 1396 Windmill Lane still for sale?
Yes. It is an active listing (MLS® X13722856). Listings here update from the board through the day and come down once a home sells.
What have homes at 1396 Windmill Lane sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 1396 Windmill Lane?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Courtesy of: Initia Real Estate
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.