$1,690,000
Available - For Sale
Listing ID: X12111479
381-383 Montreal Road , Vanier and Kingsview Park, K1L 6A8, Ottawa
| 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 |
| Price | $1,690,000 |
| Taxes: | $6710.83 |
| Tax Type: | Annual |
| Assessment Year: | 2024 |
| Occupancy: | Tenant |
| Address: | 381-383 Montreal Road , Vanier and Kingsview Park, K1L 6A8, Ottawa |
| Postal Code: | K1L 6A8 |
| Province/State: | Ottawa |
| Directions/Cross Streets: | Alfred St. |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Store With Apt/Office |
| Building Percentage: | T |
| Total Area: | 2000.00 |
| Total Area Code: | Square Feet |
| Office/Appartment Area: | 900 |
| Office/Appartment Area Code: | Sq Ft |
| Retail Area Code: | Sq Ft |
| Net Income Before Debt: | $88942 |
| Expenses Actual/Estimated: | $Act |
| Sprinklers: | No |
| Washrooms: | 0 |
| Heat Type: | Gas Forced Air Close |
| Central Air Conditioning: | Yes |
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Aneta Andrews
Broker
Dir:
416-576-5339
Bus:
905-278-3500
Fax:
1-888-407-8605
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At a Glance:
| Type: | Com - Store W Apt/Office |
| Area: | Ottawa |
| Municipality: | Vanier and Kingsview Park |
| Neighbourhood: | 3402 - Vanier |
| Tax: | $6,710.83 |
| Fireplace: | N |
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