For sale

143-159 Montreal Road

$5,500,000
Ottawa, Ontario, K1L 6E8

Overview

  • Updated On:
  • March 14 2025
  • MLS® Number
  • X9517704

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.\r\n143 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. \r\nAll leased with a demo clause. Gross income $249,648, Net income $147,508. \r\nPrice is not based on NOI it is based on a conservative development potential of retail on the main floor and apartments above.\r\ncurrent zoning TM 3 in the front half, TM in the back half. (id:57887)

Price:
Price Info:
Property Type: Vacant Land
Neighbourhood: Vanier
$ 28,199.59
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 21,324.59
Utility
UtilityWater: Municipal water
AccessType: Year-round Access
Acreage: No
Sewer: Sanitary Sewer
SizeDepth: 200 Ft
SizeFrontage: 150 Ft
SizeIrregular: 150 X 200 Ft ; 1
SizeTotalText: 150 X 200 Ft ; 1
ZoningDescription: Tm3,tm
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