Favorite
print Print
share Share
iso Calculate Mortgage
For Sale

$1,690,000

381-383 MONTREAL ROAD , Ottawa, Ontario K1L6A8

Remarks

Fully-leased mixed-use building on corner lot. Tenants pay their own hydro, separate meters (four), Natural Gas boiler/ radiators (replaced 2020).Roof replaced 2009 and 2022, Windows replaced 2005. Second floor units have fridge, stove, washer and dryer (apts #1 & #2). Foundation repaired and new cement veranda with metal roof 2020. All Units renovated (electrical and plumbing) in the last five years. Main tenant on leases. Commercial tenants pay their portion of property taxes. Zoned mixed use (commercial & residential).Existing mortgage is at residential rate. Total expenses are $19,057.94 (including taxes, insurance & utilities, & maintenance). The total annual gross income is approx. $108,000.00 and the total annual net income is approx. $88.942.06 (id:7526)

Property Summary

  • Neighbourhood: 3402 - Vanier
  • Lot Frontage: 56.6 Feet
  • Lot Depth: 76.0 Feet
  • Lot Size: Bldg=56.6 x 76 FT
  • Zoning: TM3H(30)

Property Features:

  • Property Type:
    Retail

Building Features:

  • Building Type:
    Residential Commercial Mix
  • Cooling Type:
    Fully air conditioned
  • Heating Fuel:
    Natural gas
  • Heating Type:
    Forced air

Listing courtesy of: 

EXP REALTY

Office Listing: 

STEVE GABELLINI , Broker ROLANDO DI LABIO , Salesperson LOUISE MURRAY , Salesperson

Powered by: REALTOR.ca
Lifestyle
Neighbourhood Info

Get More Info

Security Image

Book a tour

Security Image