For sale

31 Montreal Road

$947,000
Ottawa, Ontario, K1L 6E8

Overview

  • Updated On:
  • April 22 2025
  • MLS® Number
  • X12096603

Description

Prime Investment & Business Opportunity in the Heart of the City! Unlock the potential of this recently renovated commercial building, ideally positioned on a bustling main street with flexible zoning that accommodates a wide range of business ventures. Located in a high-visibility area across from the future Gateway to Vanier and just steps from the Cummings Bridge, this property offers unmatched exposure and foot traffic. The expansive 2,600 sq. ft. main-level commercial space features a striking storefront that can easily be divided into two separate retail units, maximizing your rental income or allowing for multiple business operations. Upstairs, a spacious 1,500 sq. ft. residential unit provides steady rental revenue, making this a smart investment for both owner-occupiers and portfolio builders. Fully renovated in 2019, this turnkey property offers a perfect blend of style, functionality, and income potential. Whether you're launching a new business or expanding your investment footprint, this is a rare opportunity to own a versatile property in a rapidly developing area. Don't miss your chance to secure a standout commercial space where your business can thrive while tenants help cover the costs! (id:57887)

Price:
Price Info:
Property Size: 4100 sqft
Property Type: Retail
Neighbourhood: Rideau-Rockcliffe
Cooling & Heating
Natural gas
Forced air
Fully air conditioned
$ 4,855.46
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 3,671.71
Size
SizeExterior: 4100 sqft
SizeInterior: 4100 sqft
Construction
Age: 51 to 99 years
Utility
UtilityWater: Municipal water
Acreage: No
LandAmenities: Public Transit
SizeDepth: 98 Ft ,4 In
SizeFrontage: 33 Ft ,3 In
SizeIrregular: Bldg=33.3 X 98.36 Ft ; 0
SizeTotalText: Bldg=33.3 X 98.36 Ft ; 0
ZoningDescription: Tm3
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