381-383 MONTREAL ROAD , Ottawa Ontario K1L6A8

Sale $1,690,000  | 
Listing # X12111479
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Listing courtesy of: 

EXP REALTY  |  Phone: (613) 761-8158

For more information, please contact:
André Major

André Major

Broker

Phone: 613-262-0606

http://andremajor.com

EXP Realty of Canada Inc., Brokerage (Independently owned and operated)

Brokerage

11th Floor - 343 Preston ST
Ottawa,  ON K1S 1N4

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)

Commercial

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