Ottawa Realtor Michele Xu

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143-159 MONTREAL ROAD

Ottawa, Ontario K1L6E8

$5,500,000 for sale

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MLS®:
1409440
Contract Days:
83
Community:
Vanier
Ownership:
Freehold
Property Type:
TM3,TM
Total Size:
0.57 ac
Built Date:
Parking:
Bedrooms:
+
Bathrooms:
Interior Features
Construction Style:
Total Stories:
Total Bedrooms:
Bedrooms Above Ground:
Bedrooms Below Ground:
Total Bathrooms:
Whole Bathrooms:
0
Half Bathrooms:
Basement Type:
Basement Development:
Appliances:
Exterior Features
Built Date:
Exterior Finish:
Foundation Type:
Utitilies
Heating Type:
Heating Fuel:
Cooling Type:
Utility Water:
Municipal water
Sewer:
Municipal sewage system
Total Fireplaces:
Type
Level
Size

Note

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:19004)

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