$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.\r\n143 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. \r\nAll leased with a demo clause. Gross income $249,648, Net income $147,508. \r\nPrice is not based on NOI it is based on a conservative development potential of retail on the main floor and apartments above.\r\ncurrent zoning TM 3 in the front half, TM in the back half. (id:48414)
Property Details
MLS® Number
|
X9517704 |
Property Type
|
Vacant Land |
Neigbourhood
|
Vanier |
Community Name
|
3402 - Vanier |
Building
Utility Water
|
Municipal Water |
Land
Access Type
|
Year-round Access |
Acreage
|
No |
Sewer
|
Sanitary Sewer |
Size Depth
|
200 Ft |
Size Frontage
|
150 Ft |
Size Irregular
|
Unit=150 X 200 Ft ; 1 |
Size Total Text
|
Unit=150 X 200 Ft ; 1 |
Zoning Description
|
Tm3,tm |
https://www.realtor.ca/real-estate/27346932/143-159-montreal-road-ottawa-3402-vanier