143-159 Montreal Road Ottawa, Ontario K1L 6E8
$5,500,000
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:20425)
Property Details
| MLS® Number | 1409440 |
| Property Type | Vacant Land |
| Neigbourhood | Vanier |
Building
| UtilityWater | Municipal Water |
Land
| AccessType | Road Access |
| Acreage | No |
| Sewer | Municipal Sewage System |
| SizeDepth | 200 Ft |
| SizeFrontage | 150 Ft |
| SizeIrregular | 0.57 |
| SizeTotal | 0.57 Ac |
| SizeTotalText | 0.57 Ac |
| ZoningDescription | Tm3,tm |
https://www.realtor.ca/real-estate/27346932/143-159-montreal-road-ottawa-vanier
Interested?
Contact us for more information
Joe Oneid
Broker
#201-1500 Bank Street
Ottawa, Ontario K1H 7Z2
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. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
August 31 2024 01:11:54
Ottawa Real Estate Board
Royal LePage Performance Realty