381-383 Montreal Road Ottawa, Ontario K1L 6A8
$1,690,000
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 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:28469)
Property Details
| MLS® Number | X12111479 |
| Property Type | Retail |
| Neigbourhood | Viscount Alexander Park |
| Community Name | 3402 - Vanier |
Building
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Exterior | 2000 Sqft |
| Size Interior | 2,000 Ft2 |
| Type | Residential Commercial Mix |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Size Depth | 76 Ft |
| Size Frontage | 56 Ft ,7 In |
| Size Irregular | Bldg=56.6 X 76 Ft |
| Size Total Text | Bldg=56.6 X 76 Ft |
| Zoning Description | Tm3h(30) |
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April 29 2025 11:32:42
Ottawa Real Estate Board
Exp Realty