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.
LT 3, BLK B, PL LT 4, BLK B, PL 45 (some time known as 113 GL; Vanier/Gloucester, etc. additional info to be provided upon an offer presentation
Occupancy
Tenant
Possession Date
90
Taxes (2024)
$40,000
Directions/Cross Streets
Corner of Vanier Parkway and Montreal Road/Durocher/St. Paul
Neighbourhood
3402 - Vanier
Area
Ottawa
Price History
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Detailed Information
Lot
150 x 200 ft
Lot Irregularities
1
Sewers
Sewers
Water
Municipal
Zoning
TM3,TM
Seller Property Info Statement
N
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