143-159 MONTREAL RD Active

Vanier And Kingsview Park,ON K1L 6E8

$ 5500000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID X9517704

Annual Tax Amount $40,000

Tax Year 2024

Lot Size 0.500 Acres

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.

Location

State ON

County Ottawa

Zoning TM3,TM

Rooms

Family Room No

Interior

Cooling Unknown

Exterior

Pool None

Utilities Available Unknown

Roof Type Unknown

Others

Security Features Unknown

Pets Description Unknown

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