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143-159 MONTREAL ROAD
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143-159 MONTREAL ROAD $5,500,000
$5,500,000
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143-159 MONTREAL ROAD
Ottawa, Ontario K1L6E8

MLS® Number: X9517704

Listing Description

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. (36864636)

Location Description

Corner of Vanier Parkway and Montreal Road/Durocher/St. Paul

Property Summary

Property Type
Vacant Land
Community Name
3402 - Vanier
Land Size
Unit=150 x 200 FT ; 1
Annual Property Taxes
$40,000
Time on REALTOR.ca
112 days

Building

Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water

Land

Lot Features
Frontage
150 ft
Land Depth
200 ft
Other Property Information
Access
Year-round access
Zoning Description
TM3,TM
Data provided by: Ottawa Real Estate Board 1826 Woodward Drive, Ottawa, Ontario K2C 0P7

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