Active

143-159 MONTREAL ROAD

Ottawa Ontario, K1L6E8

C$5,500,000


C$221.51 per sqft

Active

0.57 Acres

Land

 Courtesy of ROYAL LEPAGE PERFORMANCE REALTY 

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:41202)

1409440

MLS ID

October 15, 2024

Updated

Map

143-159 MONTREAL ROAD
Ottawa Ontario, K1L6E8

Exterior/Building Features

Lot Size

0.57 Acres


Sewer

Municipal sewage system

Other Property Details

Garage

No


View

No


Pool

No

Courtesy of ROYAL LEPAGE PERFORMANCE REALTY

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