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

Subdivision 3402 - Vanier

MLS Listing ID X9517704

Annual Tax Amount $40,000

Tax Year 2024

Property Sub-Type Land

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

Province ON

County Ottawa

Community 3402 - Vanier

Area Ottawa

Rooms

Family Room No

Interior

Cooling Unknown

Exterior

Utilities Available Unknown

Roof Type Unknown

Others

Pets Allowed Unknown

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