Ottawa, ON K1L6E8,143-159 MONTREAL ROAD
Ottawa, ON K1L6E8,143-159 MONTREAL ROAD
Ottawa, ON K1L6E8,143-159 MONTREAL ROAD
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$ 5,500,000
Est. payment | /mo

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$ 5,500,000
Est. payment | /mo
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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

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

Rooms

Kitchen 0.0

Exterior

Parking Features No

View Y/N No

Private Pool No

Building

Sewer Sanitary sewer

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Listed by ROYAL LEPAGE PERFORMANCE REALTY
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143-159 MONTREAL ROAD