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912 St Laurent Boulevard S, Overbrook - Castleheights And Area, ON K1K 3B3

$1,120,000
: 4
BA

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List Price: $1,120,000
MLS#: X13212882
Status: ACTIVE UNDER CONTRACT
Type: Land
SubType: Vacant Land
Style: 2-Storey
Bathrooms: 4
Province: ON
Municipality: Overbrook - Castleheights And Area
Area: Ottawa
Neighborhood: 3502 - Overbrook/Castle Heights
Subdivision: Between Mcarthur Rd And Donald St.

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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.

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Additional Information

Taxes: $23,834
Heat Type: Baseboard
Heat Source: Gas
Air Conditioning: Central Air
Exterior: Brick
Waterfront Type: None
Parking Spaces: 11
Parking Type: Lane