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143-159 MONTREAL ROAD
Ottawa, Ontario K1L6E8

$5,500,000

ID# 1409440

ABOUT THIS PROPERTY

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:25961)

PROPERTY DETAILS

Property Type

Vacant Land
Courtesy of ROYAL LEPAGE PERFORMANCE REALTY

Listed on: August 30, 2024

On market: 85 days

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