381-383 MONTREAL ROAD, Ottawa
Fully-leased mixed-use building on corner lot. Tenants pay their own hydro, separate meters (four), Natural Gas boiler/ radiators (replaced 2020).Roof replaced 2009 and 2022, Windows replaced 2005. Second floor units have fridge, stove, washer and dryer (apts #1 & #2). Foundation repaired and new cement veranda with metal roof 2020. All Units renovated (electrical and plumbing) in the last five years. Main tenant on leases. Commercial tenants pay their portion of property taxes. Zoned mixed use (commercial & residential).Existing mortgage is at residential rate. Total expenses are $19,057.94 (including taxes, insurance & utilities, & maintenance). The total annual gross income is approx. $108,000.00 and the total annual net income is approx. $88.942.06 (id:25961)
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Details
- Transaction: For sale
- Zoning Description: TM3H(30)
Building
- Cooling: Fully air conditioned
- Fireplace Present: False
- Heating: Forced air
- Heating Fuel: Natural gas
- Size Exterior: 2000 sqft
- Size Interior: 2000 sqft
- Type: Residential Commercial Mix
- Utility Water: Municipal water
Land
- Size Depth: 76 ft
- Size Frontage: 56 ft ,7 in
- Size Irregular: Bldg=56.6 x 76 FT
This property for sale is located at 381-383 MONTREAL ROAD in Ottawa. It was last modified on April 24th 2026. Let us connect you with one of our real estate agents to schedule a viewing or to discover other Ottawa properties for sale.
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