381-383 Montreal Road
Vanier and Kingsview Park, ON
- 2,000 sqft
- Store W Apt/Office
- 296 days on market
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
Listing Details
- Taxes (2024)
- $6,711
- Listed
- November 18, 2025
Price History
Property
- Lot Size
- 56.6 x 76 Feet
Parking
- Garage
- None
Location & Legal
- Cross Street
- Alfred St.
- Zoning
- TM3H(30)
- Parcel Number
- 042300190
- Possession
- Flexible
- Occupancy
- Tenant
Commercial
- Office / Apartment Area
- 900 Sq Ft
Included
- Exclusions
- Tenants Possessions
Community
Postal area K1L
- Population
- 18,213
- Private dwellings
- 10,797
- Median age
- 41.2
- Average household size
- 1.8
- Median household income
- $63,200
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in Vanier and Kingsview Park · last 12 months
- Median sold price
- $540,000
- Homes sold
- 175
- Median days on market
- 31
- Sale-to-list price
- 97.2%
Based on 175 recorded sales of commercial properties in Vanier and Kingsview Park over the last 12 months.
Listed by
EXP REALTY
Walk Score
Walk
Transit
Bike
Scores by Walk Score®
Location
Street View
Commercial figures
- Building area
- 2,000 sq ft
- Price per sq ft
- $845.00
- Annual property tax
- $6,711
- Tax per sq ft
- $3.36
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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