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$ 5,500,000
Est. payment /mo
Active
143-159 MONTREAL ROAD Ottawa, ON K1L6E8
1 Sqft Lot
UPDATED:
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
Listed by ROYAL LEPAGE PERFORMANCE REALTY