Buy to OPTMISE your purchase! An GREAT investment . Here is a unique property, extremely well maintained with prime tenants in the heart of the Plateau Mont-Royal, a few blocks from the famous Parc Lafontaine, Avenue du Mont-Royal and all the bistros, cafes. Semi-commercial building at 35%, with garage and 12 storage spaces. Gross annual income of $ 206 844.00$*. Possibility of adding a 3rd floor to optimize your income **
51' X 101' Irregular
1937
PVC
Guillotine
Poured concrete , Stone
Brick
Elastomeric membrane
Built-in
In the heart of the PLATEAU! UNIQUE! RENTAL, RENTAL, RENTAL
Here is an incredible property located in the heart of the Plateau Mont-Royal! A safe bet with the possibility of adding a 3rd floor and optimizing the performance of the building! Current annual gross income of $ 206 844.00
This property has a commercial space on the ground floor which is occupied by a Massage Therapy Center and 5 great apartments of different sizes, all well appointed and some with their private outdoor terraces. The apartments were renovated a few years ago.
Note the finished basement which is over 7 "high and which is fully organized in 12 storage space. The GARAGE is located at the rear of the building facing rue Courville.
The building is surrounded by 3 streets: Marie-Anne - Marquette - Courville. A few minutes walk from Parc Lafontaine, Bain Lévesque, Avenue du Mont-Royal and all the cafes and restaurants.
Description of the units:
1600 A) Guaranteed Favorite: Magnificent and Rare large 4.5 open concept with a large central skylight to ensure natural light in the apartment, in addition to a huge roof terrace. Very rare on the set.
1600 B) Very nice 3 ½ apartment, renovated with large window to maximize light, it overlooks rue Marie-Anne. Private trasse on the roof.
1600 C) 3 ½ apartment Beautifully appointed
4340 - Large 3 ½ overlooking rue Marquette with a beautiful private roof terrace.
4344 - Spacious modern open concept 4 ½ overlooking Marquette Street. Unit with 2 full bathrooms. The master bedroom has its private bathroom!
* Commercial part: The monthly income from the business is $ 5,767 + 51% of municipal taxes ($ 12,957.14) + 35% of school taxes ($ 562.58) totaling $ 82,727.68 /year
Stable business with a renewable lease ending in 2029.
** Possibility of adding a 3rd floor to the building. Thus increasing the income of the building. The current owner already has plans for this project. See regulations with city planning.
*** Sale price: Calculate the addition of GST / QST on 35% of the sale price to cover the commercial part. (Sale price $ 3,499,000 - 35% for the commercial part ($ 1,224,650) = $ 2,274,350 GST / QST will be added only on the amount of $ 1,224,650.
The $ 2,274,350 part is not not taxable.
51' X 101' Irregular
1937
PVC
Guillotine
Poured concrete , Stone
Brick
Elastomeric membrane
Built-in
51' X 104' Irregular
5,131 SF
Garage : 1
Daycare centre , Hospital , Metro , Park , Bicycle path , Public transportation
Commercial , Residential
Electric baseboard units
Electricity
Municipality
Municipality
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