Development site at 908-912 St. Laurent Blvd. Prime location with development potential. Opportunity to build up to an 8-storey building. Gross income: $108,687. Taxes (2025): $23,834. Operating expenses: approximately $16,617. Net income: approximately $68,236. Two 1 bedroom apartments and two commercial units. One is an Indian restaurant (take out food) and the other commercial unit is a church. We are presenting a prime freehold property boasting 11 convenient parking spaces, 2 bustling retail units, 2 comfortable apartments. Located in a high-traffic commercial hub, this property offers investors a solid foundation for reliable rental income and potential capital appreciation. With a diverse mix of retail, residential, this property has exceptional potential to grow your business or investing. Contact Brad Closs 613-200-1000 for available commercial development opportunities. (id:28469)
Facts & features
Property
MLS® Number
X13212882
Property Type
Vacant Land
Community Name
3502 - Overbrook/Castle Heights
Features
Lane
Parking Space Total
11
Building
Bathroom Total
4
Amenities
Separate Electricity Meters
Appliances
Water Meter, Two Stoves, Two Refrigerators
Basement Type
Partial
Cooling Type
Central Air Conditioning
Exterior Finish
Brick
Half Bath Total
2
Heating Fuel
Natural Gas
Heating Type
Baseboard Heaters, Forced Air
Stories Total
2
Utility Water
Municipal Water
Parking
No Garage
—
Land
Acreage
No
Sewer
Sanitary Sewer
Size Depth
93 Ft
Size Frontage
75 Ft
Size Irregular
75 X 93 Ft
Size Total Text
75 X 93 Ft
Zoning Description
Am(10)2199
Utilities
Cable
Installed
Electricity
Installed
Sewer
Installed
Monthly payment estimate
$
Estimated payment—per month
Mortgage amount
—
Total interest
—
Down payments under 20% typically require mortgage default insurance (CMHC), which is not included in this estimate.
Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.
Cost of ownership
Est. monthly payment
$4,959/mo
Ontario land transfer tax
$18,875 one-time
Payment assumes 20% down over 25 years. First-time buyers may get up to $4,000 back on land transfer tax.