143-159 Montreal Road Ottawa, ON K1L 6E8

Active (83 Days)

$5,500,000

0.57

ACRES

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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. (id:41440)

MLS®:
1409440

Lot Size
0.57 acres

Type
Land

County
Ottawa

Listed By

Joe Oneid, Royal Lepage Performance Realty

Source
CREA
Last checked Nov 21 2024 at 10:11 AM EST

Bathroom Details

Utility Information

Sewer: Municipal Sewage System

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The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Listing Data Last Updated: 11/21/24 02:11

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