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Active
MLS® X12559318

381-383 Montreal Rd

Vanier and Kingsview Park, ON K1L 6A8

$1,690,000

Type

Store W Apt/Office

Taxes (2024)

$6,710.83

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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

Price & Status History

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Property Details

Property TypeStore W Apt/Office
Community3402 - Vanier
Lot Size4,302 sq ft
Lot Dimensions56.6 × 76 ft
Lot Size Area4,302 sqft (MPAC)
Dir/Cross StAlfred St.
Garage TypeNone
Heating TypeGas Forced Air Closed
A/CYes
Taxes (2024)$6,710.83
HSTIn Addition To
SecurityNo
Listed Date11/19/2025
Days on Market145 days
PossessionTBD
Vick Yogeswaran - REALTOR

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MLS® #X12559318