831 Montreal Road Ottawa, Ontario K1K 0S9
$650,000
Exceptional Investment Opportunity in a Prime Ottawa Location! Welcome to 831 Montreal Road - a unique opportunity for investors, entrepreneurs, and savvy buyers looking for a property with incredible potential. This well-positioned multiplex offers endless possibilities: renovate and continue using it as a multi-unit property, convert it into professional office space, or take advantage of its prime location near hospitals and educational institutions for potential student housing, medical students, or residents. Featuring four separate units, this property offers four independent electrical panels, four separate water meters, and four private entrances, providing excellent flexibility and convenience for future owners. Each unit includes its own bedroom, making this an ideal setup for rental income opportunities. The property offers a great foundation with hardwood flooring on the main floor, abundant storage space, a large storage shed, updated windows in some areas, and cast iron main plumbing. Heating is provided by a natural gas furnace with baseboard heating backup, offering added peace of mind and efficiency. Situated in a highly desirable location with AM10 zoning, the possibilities are extensive. Located on Montreal Road and close to hospitals, parks, recreation, shopping, public transit, and everyday amenities, this property is perfectly positioned for long-term value and growth.Whether you're looking to expand your investment portfolio, create a modern multi-residential property, or explore commercial possibilities, this is an opportunity you won't want to miss.Private viewings available - contact us today for more information and to explore the potential of 831 Montreal Road! (id:65396)
Property Details
| MLS® Number | X13619982 |
| Property Type | Multi-family |
| Neigbourhood | Viscount Alexander Park |
| Community Name | 3104 - CFB Rockcliffe and Area |
| Amenities Near By | Hospital, Park, Public Transit, Schools |
| Community Features | School Bus, Community Centre |
| Equipment Type | Water Heater |
| Features | Irregular Lot Size, Guest Suite, In-law Suite |
| Parking Space Total | 4 |
| Rental Equipment Type | Water Heater |
Building
| Bathroom Total | 4 |
| Bedrooms Above Ground | 4 |
| Bedrooms Total | 4 |
| Amenities | Separate Electricity Meters, Separate Heating Controls |
| Appliances | All |
| Basement Development | Unfinished |
| Basement Type | Full (unfinished) |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Stucco, Vinyl Siding |
| Foundation Type | Block |
| Heating Fuel | Electric, Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 2,500 - 3,000 Sqft |
| Type | Other |
| Utility Water | Municipal Water |
Parking
| Attached Garage | |
| Garage |
Land
| Acreage | No |
| Land Amenities | Hospital, Park, Public Transit, Schools |
| Sewer | Sanitary Sewer |
| Size Depth | 110 Ft |
| Size Frontage | 50 Ft |
| Size Irregular | 50 X 110 Ft |
| Size Total Text | 50 X 110 Ft|under 1/2 Acre |
| Zoning Description | Am10 |
Utilities
| Cable | Installed |
| Electricity | Installed |
| Sewer | Installed |
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