Ottawa, ON K1L6E8 143-159 MONTREAL ROAD

$5,500,000

143-159 MONTREAL ROAD Ottawa, ON - Image 1143-159 MONTREAL ROAD Ottawa, ON - Image 2
Presented By: ROYAL LEPAGE PERFORMANCE REALTY
  • MLS# 1409440
  • 08/30/2024
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Home Details

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:7434)
Presented By: ROYAL LEPAGE PERFORMANCE REALTY

Interior Features for 143-159 MONTREAL ROAD

Other Interior Features

Building Fireplace PresentFalse

General for 143-159 MONTREAL ROAD

NeighbourhoodVanier
Ownership TypeFreehold
Property TypeVacant Land
Zoning DescriptionTM3, TM

Exterior for 143-159 MONTREAL ROAD

SewerMunicipal sewage system

Additional Details

Paul Dojcinovic

TEAM LEADER, REALTOR® at eXp Realty
Price $5,500,000
MLS#1409440
List Date 08/30/2024
Property Type Land
Phone 403.608.2191
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