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:4069)
| Address |
143-159 MONTREAL ROAD |
| List Price |
$5,500,000 |
| Property Type |
Vacant Land |
| Area |
Ontario |
| Sub-Area |
Ottawa |
| Lot Size |
0.57 Sq. Ft. |
| MLS® Number |
1409440 |
| Listing Brokerage |
ROYAL LEPAGE PERFORMANCE REALTY
|
| Postal Code |
K1L6E8 |
| Zoning |
TM3,TM |
