143-159 MONTREAL ROAD Ottawa

143-159 MONTREAL ROAD, Ottawa

$5,500,000

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:41353)
  • Listing ID: X9517704
  • Property Type: Vacant Land
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Details

  • Transaction: For sale
  • Zoning Description: TM3,TM

Building

  • Fireplace Present: False
  • Utility Water: Municipal water

Land

  • Access Type: Year-round access
  • Acreage: true
  • Sewer: Sanitary sewer
  • Size Depth: 200 ft
  • Size Frontage: 150 ft
  • Size Irregular: 1
  • Size Total: 1.0000

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    This property for sale is located at 143-159 MONTREAL ROAD in Ottawa. It was last modified on February 19th, 2025. Contact Maggie Horne to schedule a viewing or to discover other Ottawa real estate for sale.

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