Ottawa, ON K1L6A8 381-383 MONTREAL ROAD
$1,690,000
16 more
Presented By: EXP REALTY
SQFT • 2,000
Home Details
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:7434)
Presented By: EXP REALTY
Interior Features for 381-383 MONTREAL ROAD
Other Interior Features
Building Fireplace PresentFalse
Building Heating FuelNatural gas
Building Heating TypeForced air
General for 381-383 MONTREAL ROAD
Building Cooling TypeFully air conditioned
Building TypeResidential Commercial Mix
CommunityName3402 - Vanier
Location DescriptionAlfred St.
Property TypeRetail
Zoning DescriptionTM3H(30)
Additional Details
Raj Jhajj
Fraser Valley Real Estate Agent
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