$5,500,000 $29,525 est/mo Sourced by Back At You
Address Unavailable , Vanier and Kingsview Park, ON K1L 6E8
Vanier and Kingsview Park, ON K1L 6E8
Description
25000 SF development land fronting on three streets Montreal Rd. Durocher, St Paul. Major node to Vanier and Beechwood. The property has two buildings and a car lot. Land assembly of three properties. 143 Montreal Rd. car lot 50 x 100 Ft, 149-159 Montreal Rd. 100x100 ft. restaurant on main floor , apartments on the second floor, 168-270 Durocher, 100x100ft one storey building two tenants. All leased with a demo clause. Gross income $249,648, Net income $147,508. Price is not based on NOI it is based on a conservative development potential of retail on the main floor and apartments above. current zoning TM 3 in the front half, TM in the back half.
Details
| MLS# | X9517704 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | New |
| Days On Site | 172 |
| Listing Provided By | ROYAL LEPAGE PERFORMANCE REALTY | Not Provided |
Features
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Learn More About This Property
| State | ON |
|---|---|
| County | Ottawa |
| City | Vanier and Kingsview Park |
| Zip Code | K1L 6E8 |
| Area | 3402 Vanier |
| Listing VS Median (in K1L 6E8) | |
Price: $5,500,000 low | high Med: $897,750 On Site: 172 low | high Med: 76.500000 | |
Listing Updated: January 29, 2025 at 5:56:17 PM PST