ID 722926

143-159 MONTREAL ROAD, Ottawa, Ontario K1L 6E8

143-159 MONTREAL ROAD, Ottawa, Ontario K1L 6E8

$5,500,000.00

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:25417)

  • Listing ID: 1409440
  • Property Type: Vacant Land
Property
Ownership: Freehold
Lot Size: 0.57 Ac
Building
HVAC: Fireplace
Utilities: Municipal Sewage System
Location
City: Ottawa
Province: Ontario

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143-159 MONTREAL ROAD, Ottawa, Ontario K1L 6E8
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This property, located on MONTREAL Road in Ottawa Ontario, was published on August 30th, 2024. See if this land suits your needs, or speak with an agent about subscribing to similar land. At MoveMeTo.com, we make finding land for sale in Ottawa convenient.