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143-159 Montreal Road Ottawa, Ontario K1L 6E8

$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:59524)

Property Details

MLS® Number X9517704
Property Type Vacant Land
Neigbourhood Vanier
Community Name 3402 - Vanier

Building

UtilityWater Municipal Water

Land

AccessType Year-round Access
Acreage No
Sewer Sanitary Sewer
SizeDepth 200 Ft
SizeFrontage 150 Ft
SizeIrregular Unit=150 X 200 Ft ; 1
SizeTotalText Unit=150 X 200 Ft ; 1
ZoningDescription Tm3,tm

https://www.realtor.ca/real-estate/27346932/143-159-montreal-road-ottawa-3402-vanier

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