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:4069)
Address
143-159 MONTREAL ROAD
List Price
$5,500,000
Property Type
Vacant Land
Area
Ontario
Sub-Area
Ottawa
Lot Size
Unit=150 x 200 FT ; 1 Sq. Ft.
MLS® Number
X9517704
Listing Brokerage
ROYAL LEPAGE PERFORMANCE REALTY
Postal Code
K1L6E8
Zoning
TM3,TM
