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$ 1,120,000
Est. payment | /mo
4 Baths
$ 1,120,000
Est. payment | /mo
4 Baths
Key Details
Property Type Vacant Land
Sub Type Vacant Land
Listing Status Active Under Contract
Purchase Type For Sale
Subdivision 3502 - Overbrook/Castle Heights
MLS Listing ID X13212882
Style 2-Storey
Annual Tax Amount $23,834
Tax Year 2025
Property Sub-Type Vacant Land
Property Description
Development site at 908-912 St. Laurent Blvd. Prime location with development potential. Opportunity to build up to an 8-storey building. Gross income: $108,687. Taxes (2025): $23,834. Operating expenses: approximately $16,617. Net income: approximately $68,236. Two 1 bedroom apartments and two commercial units. One is an Indian restaurant (take out food) and the other commercial unit is a church. We are presenting a prime freehold property boasting 11 convenient parking spaces, 2 bustling retail units, 2 comfortable apartments. Located in a high-traffic commercial hub, this property offers investors a solid foundation for reliable rental income and potential capital appreciation. With a diverse mix of retail, residential, this property has exceptional potential to grow your business or investing. Contact Brad Closs 613-200-1000 for available commercial development opportunities.
Location
Province ON
County Ottawa
Area Ottawa
Zoning AM(10)2199
Rooms
Family Room No
Basement Partial Basement
Kitchen 0
Interior
Interior Features Separate Hydro Meter
Cooling Central Air
Inclusions 2 fridges, 2 stoves
Exterior
Parking Features Lane
Lot Frontage 75.0
Lot Depth 93.0
Total Parking Spaces 11
Others
Senior Community No
ParcelsYN Yes
Listed by RE/MAX HALLMARK REALTY GROUP