So after an endless pointless battle with the city of Ottawa, Mark Motors will not be going ahead with this project on Cyrville Road. Good news is, they will have an amazing new showroom on Montreal Rd at the former Belisle site. Work started on it today and it paves the way for more future development on that site.
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Originally Posted by BlueJay
Official purchase of land and building was done on January 17th from Belisle Holdings to Mark Motors for Approx. 13,000,000.
The most notable sale for the month of January was the purchase of 458 Montreal Road by Mrak Holdings Inc. (Mark Motors East) from Belisle Holdings Ltd. for $14,600,000 or $243/sf. The property is to be improved with a single-storey, Audi dealership comprised of a showroom, four drive-in doors and 18 service bays