143-159 MONTREAL ROAD Active

Ottawa,ON K1L6E8

$ 5500000

- Bed

- Bath

0 SqFt


Key Details

Property Type Vacant Land

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Subdivision Vanier

MLS Listing ID 1409440

Originating Board Ottawa Real Estate Board

Lot Size 0.570 Acres

Acres 24829.2

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. 143 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. All leased with a demo clause. Gross income $249,648, Net income $147,508. Price is not based on NOI it is based on a conservative development potential of retail on the main floor and apartments above. current zoning TM 3 in the front half, TM in the back half. (id:24570)

Location

Province ON

Exterior

Garage No

Waterfront No

View Y/N No

Private Pool No

Building

Sewer Municipal sewage system

Others

Ownership Freehold

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