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Jean Richer & Irene Bilinski
Bilingual Sales Representatives

1943 ST JOSEPH BOULEVARD Ottawa, K1C2E2

700K For sale

MLS ID: 1135954

Property Details

Future development opportunity in prime high traffic location of St Joseph Blvd corridor! Walking distance to the future LRT extension in Orleans. Zoned Arterial Mainstreet. Property currently rented at $2200/month on a 5 year lease which commenced July 2018. (Agreed $200/month increase every year). Tenants pays heat, hydro & water. 2019 Gross income: $74,400. Total expenses: $9600. Net income: $64,800 (these numbers are across both properties). Properties are 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.

Community Features


Learn More About "Orleans"

This Vacant Land property is located in the neighbourhood of Orleans in the Ottawa area. The property includes and is priced at $700,000.

When considering this Ottawa real estate, proximity to important landmarks and destinations can be one of the main factors in buying this home.

Priced at $700,000, you can own this Ottawa Vacant Land property, for as little as ${{Data.ModgaeModel.MonthlyPayment}} monthly. Our real estate agents are available to answer any questions about this Orleans, Ottawa home.



Amenities

Price 700K
Status For sale
Type Vacant Land
Location 1943 ST JOSEPH BOULEVARD
Brokerage RE/MAX CORE REALTY INC.

Room and Dimesnions

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