381-383 Montreal Road Ottawa, Ontario K1L 6A8
$1,700,000
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 2 more years on leases. Commercial tenants pay their portion of property taxes $400.00 per month ($4800.00 per year). Zoned mixed use (commercial & residential).Existing mortgage is at residential rate. Total expenses are $20,840 (including taxes, insurance & utilities). The total annual gross income is approx. $103,800.00 and the total annual net income is approx. $82,959. (id:53130)
Property Details
| MLS® Number | 1337108 |
| Property Type | Retail |
| Neigbourhood | Vanier |
| Parking Space Total | 7 |
Building
| Constructed Date | 1960 |
Land
| Acreage | No |
| Size Depth | 76 Ft |
| Size Frontage | 56 Ft ,7 In |
| Size Irregular | 56.6 Ft X 76 Ft |
| Size Total Text | 56.6 Ft X 76 Ft |
| Zoning Description | Mixed Use |
https://www.realtor.ca/real-estate/25472384/381-383-montreal-road-ottawa-vanier
Interested?
Contact us for more information
Steve Gabellini
Broker
www.stevegabellini.exprealty.com/
https://www.facebook.com/steve.gabellini.5
https://twitter.com/exprealtyottawa
343 Preston Street, 11th Floor
Ottawa, Ontario K1S 1N4
(866) 530-7737
(647) 849-3180
www.exprealty.ca
Rolando Di Labio
Salesperson
www.dgrealtygroup.ca/
rolandohomes/
343 Preston Street, 11th Floor
Ottawa, Ontario K1S 1N4
(866) 530-7737
(647) 849-3180
www.exprealty.ca
Louise Murray
Salesperson
https://dgrealtygroup.ca/
343 Preston Street, 11th Floor
Ottawa, Ontario K1S 1N4
(866) 530-7737
(647) 849-3180
www.exprealty.ca
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
Ottawa Real Estate Board
Exp Realty
April 15 2023 06:11:11
