381-383 Montreal Road
Vanier And Kingsview Park, K1L 6A8
FOR SALE
$1,690,000
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Store W Apt/Office
CATEGORY2,000 Sq Ft
TOTAL AREAX12559318
MLSIDContact Us
Property 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
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Property Details
Address
381-383 Montreal Road
Community
Postal Code
K1L 6A8
Property Type
Store W Apt/Office, Store W Apt/Office
Use
Store With Apt/Office
Zoning
TM3H(30)
Lot Size
57' x 76'
Total Area
2,000 Sq Ft
Office Area
900 Sq Ft
Retail Area
1,100 Sq Ft
Acreage
4,302.0 Feet
Taxes
$6,711 (2024
Heat Type
Gas Forced Air Closed
Water
Municipal
Garage Type
None
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Listing contracted with Exp Realty
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