381-383 Montreal Road, VanierandKingsviewPark, ON K1L 6A8

Vanier and Kingsview Park K1L 6A8 Ontario

MLS: X12111479

$1,690,000

Added 30 days ago | For Sale

Listed by: EXP REALTY

About Property

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

Features

  • House Style:Store W Apt/Office
  • Bathrooms:
  • Land Size: 56.6 X 76
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:
  • Cross Street:Alfred St.
  • Basement: ,
  • Possession Date:TBD
  • Annual Property taxes: $6710.83
  • Bedrooms:
  • Total Parking Spaces:
  • Parking Places:
  • Heating Type:Gas Forced Air Closed
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:X12111479

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