1939 ST JOSEPH BOULEVARD

Ottawa, Ontario

K1C2E2
800,000
Vacant Land
153.68 x 187 total lot size available - see MLS 1135954. Prime location in Orleans for future development opportunity! Walking distance to the future LRT extension in Orleans. Currently rented at $4000/month with 4 years on lease plus 2 year option. Tenants pays heat, hydro & water. 2019 Gross income: $74,400. Total expenses: $9600. Net income: $64,800 (these numbers are across both properties). Property 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. (id:6355)

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THE TRADEMARKS MLS®, REALTOR®, AND THE ASSOCIATED LOGOS ARE OWNED OR CONTROLLED BY THE CANADIAN REAL ESTATE ASSOCIATION. USED UNDER LICENSE. MLS®, REALTOR®, AND THE ASSOCIATED LOGOS ARE TRADEMARKS OF THE CANADIAN REAL ESTATE ASSOCIATION.