940 MONTREAL Road, Ottawa, ON, K1K 4E5

MLS® # 1400405

Commercial For Sale In Carson Grove - Carson Meadows, Ottawa, Ontario

$1,500,000

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940 MONTREAL Road, Ottawa, ON, K1K 4E5

$1,500,000

Property Information:

Commercial buildings for sale boasting excellent exposure and location. The property consists of two detached buildings: one currently operating as a pub (owner-operated) and the other leased to a hair salon. Ample on-site parking is available. The property offers excellent accessibility and visibility, situated in an AM10 commercial zone with significant redevelopment potential in the future.Both buildings are well-maintained and up-to-date with building codes. Current rental income is $84,000 per year for the pub (lease renewable or terminable at any time) and $15,600 per year for the salon (lease expiring in November 2025). This presents a compelling opportunity to acquire investment real estate. Floorplan in attachment.

Property Features:

Annual Tax Amount: $33,504
Built in: 1980
Irregular: Yes
Lot Depth: 48.07 Metre
Lot Frontage: 24.21 Metre
Title: Freehold
Zoning: AM10
No. of Parking Spaces: 10

Data provided by: Ottawa Real Estate Board 1826 Woodward Drive, Ottawa, Ontario K2C 0P7
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

Access to Sold Data on this website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of residential real estate.

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Notes:

Ruby Xue

Broker Royal LePage Team Realty , Brokerage*

Mobile:613.276.7777

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Market Price Trends

Location of 940 MONTREAL Road, Ottawa, ON, K1K 4E5

Lifestyle
Neighbourhood

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

31 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

31 hot days expected in 2050

48/100

Moderate

ClimateCheck®

Current data

This property, 940 MONTREAL Road , experiences 7 hot days per year at around 31.2 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 31 hot days at 34.6 degrees Celsius.

Projected Avg. Temperature

Past

31.2℃

2050

34.6℃

# Hot Days Per Year

Past

2050

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

64/100

Moderate-High

ClimateCheck®

Current data

This property, 940 MONTREAL Road , experiences 11 significant 2-day storms per year, with about 322mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 412.8mm of precipitation per year.

Precipitation Per Storm

Past

322mm

2050

412.8mm

48-Hour Storms Per Year

Past

2050

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 940 MONTREAL Road, Ottawa, ON, K1K 4E5

Life Stage

Later Years

Employment Type

Service Sector

Average Household Income

$97,689.08

Average Number of Children

1.79

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

14.53 %

High school certificate or equivalent

31.19 %

Apprenticeship trade certificate/diploma

6.03 %

College/non-university certificate

22.29 %

University certificate (below bachelor)

1.72 %

University Degree

24.24 %

Commuter

Travel To Work

By Car

66.44 %

By Public Transit

21.21 %

By Walking

8.96 %

By Bicycle

0.31 %

By Other Methods

3.08 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

59.72 %

Houses

40.28 %

Own Vs. Rent

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940 MONTREAL Road, Ottawa, ON, K1K 4E5 $1,500,000 MLS® # 1400405

Property Information:

Property Features:

Sales/Price History

Market Price Trends

Location of 940 MONTREAL Road, Ottawa, ON, K1K 4E5

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 940 MONTREAL Road, Ottawa, ON, K1K 4E5

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

940 MONTREAL Road, Ottawa, ON, K1K 4E5

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