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Vanier And Kingsview Park, ON K1L 6E8,143-159 MONTREAL RD
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Vanier And Kingsview Park, ON K1L 6E8,143-159 MONTREAL RD
Vanier And Kingsview Park, ON K1L 6E8,143-159 MONTREAL RD
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Jeff Somlo

Jeff Somlo

+1(647) 998-3693
$ 5,500,000
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143-159 MONTREAL RD Vanier And Kingsview Park, ON K1L 6E8

UPDATED:

12/19/2024 08:55 AM

Key Details

Property Type Commercial

Sub Type Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID X9517704

Annual Tax Amount $40,000

Tax Year 2024

Property 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.
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.

Location

Province ON

County Ottawa

Community 3402 - Vanier

Area Ottawa

Region 3402 - Vanier

City Region 3402 - Vanier

Rooms

Family Room No

Interior

Cooling Unknown

Exterior

Utilities Available Unknown

Roof Type Unknown

Lot Depth 200.0

Others

Security Features Unknown

Pets Allowed Unknown

Listed by ROYAL LEPAGE PERFORMANCE REALTY
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143-159 MONTREAL RD