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:49712)

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)

https://www.realtor.ca/real-estate/28232239/381-383-montreal-road-ottawa-3402-vanier