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1939 St Joseph Boulevard Ottawa, Ontario K1C 2E2

$800,000

Prime location in Orleans for future development opportunity! Walking distance to the future LRT extension in Orleans. Currently rented at $4000/month with 4 years on lease plus 2 year option. Tenants pays heat, hydro & water. 2019 Gross income: $74,400. Total expenses: $9600. Net income: $64,800 (these numbers are across both properties). Property eligible for St. Joseph Community Improvement Plan subsidies which is a 75% reimbursement of incremental taxes paid for redevelopment, for a period of 10 years. (id:26214)

Property Details

MLS® Number 1135952
Property Type Vacant Land
Neigbourhood Orleans
Community Name Gloucester

Building

Fireplace Present No

Land

Acreage No
Size Depth 187 Ft
Size Frontage 71 Ft ,11 In
Size Irregular 0.34
Size Total 0.34 Ac
Size Total Text 0.34 Ac
Zoning Description Commercial/mixed Use

https://www.realtor.ca/PropertyDetails.aspx?PropertyId=20224766

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