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381-383 Montreal Road Image 1

$1,690,000

6 days agoStore W Apt/Office For Sale
bedroomsbed
washrooms0bath
MLS - #X12111479

381-383 Montreal Road, Vanier and Kingsview Park, ON K1L 6A8

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Average Price
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Property Description

Property type

Store W Apt/Office

Lot size

N/A

Style

Approx. Area

N/A

About 381-383 Montreal Road

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

Home Overview

Last updated

6 days ago

Virtual tour

None

Basement information

Building size

2000

Status

In-Active

Property sub type

Store W Apt/Office

Maintenance fee

$N/A

Year built

2024

Listed by EXP REALTY

Additional Details

Basement:N/A
Cooling:Yes
Heating:Gas Forced Air Closed
Parking Features:N/A

MORTGAGE INFO

ESTIMATED PAYMENT

$0 Principal and Interest
$0 Property Taxes

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