381-383 Montreal Road, Ottawa, Ontario

$1,690,000

Previous Next

2,000

Square feet

About 381-383 Montreal Road

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:6289)

Features of 381-383 Montreal Road

Listing # X12111479
Price $1,690,000
Bathrooms 0.00
Square Footage 2,000
Acres 0.00
Type Retail

Community Information

Address 381-383 Montreal Road
Subdivision 3402 - Vanier
City Ottawa
Province Ontario
Postal Code K1L6A8

Amenities

Is Waterfront No
Has Pool No

Interior

Heating Natural gas Forced air
Cooling Fully air conditioned
Fireplace No
Has Basement No

Exterior

Lot Description Bldg=56.6 x 76 FT

Listing Details

OfficeEXP REALTY

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?