381-383 MONTREAL ROAD

Ottawa, , K1L6A8, Canada

$1,690,000

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

Last updated on : Wednesday 19th of November 2025 02:05:27 PM

ADDRESS

Street : 381-383 MONTREAL ROAD

City : Ottawa

Country : Canada

Postal Code : K1L6A8

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PROPERTY SUMMARY

Property ID : X12559318

Building Type : Residential Commercial Mix

Property Type : Retail

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