381 383 Montreal Road, Ottawa

  • Living area: 2000 square feet
  • Type: Commercial
  • Added: 4 months ago
  • Updated: 1 month ago
  • Last Checked: 1 day ago
  • Listed by: EXP REALTY
  • View All Photos

Listing description
This Commercial listing at 381 383 Montreal Road Ottawa, ON with the MLS Number x12111479 listed by Steve Gabellini - EXP REALTY on the Ottawa market 4 months ago at $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 (id:1945)
Property Details Key information about 381 383 Montreal Road
  • Cooling: Fully air conditioned
  • Heating:
    • Forced air
    • Natural gas
  • Structure Type: Residential Commercial Mix
Exterior & Lot Features Learn about the exterior and lot specifics of 381 383 Montreal Road
  • Water Source: Municipal water
  • Lot Size Dimensions: Bldg=56.6 x 76 FT
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Nearby Listings Stat Estimated price and comparable properties near 381 383 Montreal Road

Active listings
423
Min Price
$100
Max Price
$4,890,000
Avg Price
$870,857
Days on Market
51 days
Sold listings
151
Min Sold Price
$99,000
Max Sold Price
$3,995,000
Avg Sold Price
$698,814
Days until Sold
47 days

Nearby Places Nearby schools and amenities around 381 383 Montreal Road

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La Cité (1.5 km)
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Montfort Hospital (0.4 km)
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Host India (0.5 km)
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Coconut Lagoon (1.5 km)
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Rockcliffe Airport (1.8 km)
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Price History

April 29, 2025
by EXP REALTY
$1,690,000
381 383 Montreal Road
More Details?
Steve Gabellini
  • Steve Gabellini
  • EXP REALTY
  • 613-761-8158
  • Website