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Rocky Li

Realtor
Dream Home Realty Inc., Brokerage Cell: 416-567-3688Office: 905-604-6855

$1,995,000
Available - For Sale
Listing ID: X14120654
623-655 Laurier St Street , Clarence-Rockland, K4K 1E7, Prescott and Rus


An exciting investment and development opportunity in the heart of Rockland! Offered together, 623-655 Laurier Street comprises two neighbouring properties with approximately 20,000 sq. ft. of combined land, featuring a tenanted commercial restaurant building and a two-unit residential property. The restaurant generates $54,000 in annual rental income, with approximately three years remaining on its current lease, while the two-bedroom apartments generate a combined $1,850 per month. With existing income in place, investors have the opportunity to hold the properties while exploring their future plans. Located in growing Clarence-Rockland, which experienced 8.1% population growth between 2016 and 2021, the properties benefit from proximity to local amenities, Dutrisac Park, the Ottawa River, and Highway 174 with convenient access to Ottawa and Orléans. Whether you're looking to maintain the existing uses, reposition the buildings, or explore future infill or mixed-use development potential, this versatile offering presents an opportunity worth investigating. The properties are held under separate titles and have different zoning designations.
Price $1,995,000
Taxes: $6500.00
Tax Type: Annual
Occupancy: Tenant
Address: 623-655 Laurier St Street , Clarence-Rockland, K4K 1E7, Prescott and Rus
Postal Code: K4K 1E7
Province/State: Prescott and Rus
Directions/Cross Streets: Caron Street and Laurier Street
Washroom Type No. of Pieces Level
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Washroom Type 70 0
Category: Highway Commercial
Building Percentage: T
Total Area: 16590.50
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Sprinklers: No
Washrooms: 0
Heat Type: Gas Forced Air Open
Central Air Conditioning: Partial
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
SYNERCAPITAL INVESTMENT REALTY
Personal Picture
Rocky Li
Realtor
Dir:
416-567-3688
Bus:
905-604-6855
 
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At a Glance:
Type: Com - Commercial Retail
Area: Prescott and Russell
Municipality: Clarence-Rockland
Neighbourhood: 606 - Town of Rockland
Style:
Lot Size: x 126.37(Feet)
Approximate Age:
Tax: $6,500
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
Payment Calculator:
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