1651 Montreal Road, Ottawa, Ontario K1J6N6

$1,495,000
List Price
$1,495,000
MLS® #
1137837
Status
ACTIVE
Type
Commercial
Subtype
Office
Lot Size
0
Subdivision
Rothwell Heights

Property Description

Ideal owner-user office opportunity for medical, dental or health-care owner-occupant. Solid appealing brick & pre-cast concrete building on over 1/2 acre lot, 133' frontage on Montreal Rd with over 34,500 daily vehicles traffic count. Plenty of parking (32) for patients & customers. Currently 3 contiguous of 5 divided office spaces totaling approx 4,000 sq.ft. available for immediate occupancy, approximately 2,000 sq.ft. leased and could be available within 1 year for your future expansion. Great location within 5 minute drive from Queensway interchange, New Blair LRT Station, Gloucester Shopping Centre, Montfort Hospital, CSIS, and walking proximity to NRC Campus. Tremendous population growth nearby, expecting 10,000 new residents in Wateridge Village. Potential NOI if fully leased would be $92,500 = Cap Rate 6.2%. Vendor would consider taking back 1st or 2nd mortgage at good rate. More details and improvements list in attachments. (id:2579)

Additional Information

Ownership
Freehold
Subdivision
Rothwell Heights
Parking Spaces
32
Country
Canada
Frontage Length
133 ft
Lot Size
0

Listing courtesy of EXP REALTY OF CANADA INC..

board logoboard logo

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks