$5,500,000 FOR SALE

Land

Lot: 150 x 200 ft

143-159 Montreal Road
Ottawa, ON K1L 6E8 | Vanier

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:47423)

Share

Listed By ROYAL LEPAGE PERFORMANCE REALTY
Data Provided By Ottawa Real Estate Board
MLS® Listing Number 1409440
Last Updated Aug 31, 2024
Property Summary
Property Type Land

More like this:
Neighbourhood Vanier
Price History
Interested in obtaining the full price history for this property?
Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.

Detailed Information
Lot 150 x 200 ft
Listing Contract Date 2024-08-30
Municipal ID 042360277
Ownership Type Freehold
Property Type Vacant Land
Transaction Type For sale
Zoning Description TM3,TM
Building
Utility Water Municipal water
Land
Total Size 0.57 acres
Access Type Road access
Sewer Municipal sewage system
Size of Irregular Land 0.57

The information contained on this site is based in whole or in part on information that is provided under copyright by the Toronto Regional Real Estate Board (TRREB) or by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. TRREB and CREA reproduce and distribute this information as a service for their members and assume no responsibility for its accuracy. All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.