$1,690,000
( $845.00Per Sq Foot )
 $9,072 est/mo Sourced by Back At You

381-383 Montreal Road,Ottawa, ON K1L6A8

Ottawa, ON K1L6A8

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Description

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:13843)

Details

MLS #X12111479
Listing TypeFor Sale
StatusActive
Days On Site73
Listing Provided ByEXP REALTY | Steve Gabellini

Features

SQ Feet2,000
ZoningTM3H(30)

Taxes

Property786

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Learn More About This Property

ProvinceON
CityOttawa
Postal CodeK1L6A8
Sourced by Back At You
Listing Updated: July 1, 2025 at 4:15:18 AM PDT