143-159 MONTREAL ROAD Active

Ottawa,ON K1L6E8

$ 5500000

- Bed

- Bath

0 SqFt


Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

Subdivision 3402 - Vanier

MLS Listing ID X9517704

Originating Board Ottawa Real Estate Board

Lot Size 1 Sqft

Acres 1.0

Property Description

25000 SF development land fronting on three streets Montreal Rd. Durocher, St Paul. Major node to Vanier and Beechwood. The property has two buildings and a car lot. Land assembly of three properties.\r\n143 Montreal Rd. car lot 50 x 100 Ft, 149-159 Montreal Rd. 100x100 ft. restaurant on main floor , apartments on the second floor, 168-270 Durocher, 100x100ft one storey building two tenants. \r\nAll leased with a demo clause. Gross income $249,648, Net income $147,508. \r\nPrice is not based on NOI it is based on a conservative development potential of retail on the main floor and apartments above.\r\ncurrent zoning TM 3 in the front half, TM in the back half. (id:24570)

Location

Province ON

Exterior

Parking Features No

View Y/N No

Private Pool No

Building

Sewer Sanitary sewer

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