$ 5,500,000
143-159 MONTREAL RD Vanier And Kingsview Park, ON K1L 6E8
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$ 5,500,000
Est. payment /mo
Active
143-159 MONTREAL RD Vanier And Kingsview Park, ON K1L 6E8
0.5 Acres Lot
UPDATED:
11/21/2024 01:20 AM
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.
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
Listed by ROYAL LEPAGE PERFORMANCE REALTY