143-159 Montreal Road

FOR SALE
$5,500,000
143-159 Montreal Road, Vanier And Kingsview Park
143-159 Montreal Road
143-159 Montreal Road
Land
CATEGORY
25,000 Sq Ft
TOTAL AREA
X9517704
MLSID
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Property 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.
Property Details
Address
143-159 Montreal Road
Community
Postal Code
K1L 6E8
Property Type
Land, Land
Use
Unknown
Zoning
TM3,TM
Lot Size
150' x 200'
Total Area
25,000 Sq Ft
Acreage
25,000.0 Feet
Taxes
$40,000 (2024
Heat Type
Unknown
Water
Municipal
Garage Type
Unknown
Listing contracted with Royal Lepage Performance Realty
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