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$2,150,000

RE/MAX Commercial

Commercial for sale - Montréal (Le Plateau-Mont-Royal) (Le Plateau-Mont-Royal)

$2,150,000

$2,150,000

Loading property...
Loading property...

$2,150,000

RE/MAX Commercial

Commercial for sale - Montréal (Le Plateau-Mont-Royal) (Le Plateau-Mont-Royal)

$2,150,000

$2,150,000

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3425 Rue St-Denis, Montréal (Le Plateau-Mont-Royal) (Le Plateau-Mont-Royal), H2X 3L1

Superb building in Plateau Mont-Royal, close to all services and amenities as well as the Sherbrooke Metro. Composed of a restaurant on the ground floor, offices on the 2nd and 3th floor and a 3 ½ apartment on the 4rd floor. The building has been renovated with quality materials and it is possible to extend the apartment. Good income, excellent investment opportunity !! Do not miss !

  • Lot area: 2,500 SF
  • NUMBER OF ROOMS : 0
  • Year built : 1900
JOELLE BITAR
Real Estate Broker
Brokers tranquilit
Building details and property interior
Particularities plusParticularities minus

1900

Addenda
Particularities plusParticularities minus

- The building is not 100% empty, the restaurant on the ground floor pays $60,000 in rent per year

- 25% of the building is residential (the 4th) and it can easily be 75% residential

The commercial portion will be plus applicable taxes.

The 2nd and 3th floor lease's end by August 31th 2022. No renewal.

Note that on the financial statement, Income does not include potential income for the 4th who is worth at least $2,500 per month.

Electricity accounts on the ground floor, 2nd and 3rd floors are paid by the tenants, as indicated in the leases.

The buyer will have to verify with the city the possibility of converting the commercial space into residential space, the seller himself converted the 4th floor from commercial to residential when purchasing the building in 1996.

The building was purchased to house the sellers' company: Gestimed. They sold this one in September 2019 and retired.

Much work has been carried out over 25 years:

- electricity and plumbing have been redone on all floors
- the windows of the facade
- the ground floor and the 2nd floor have been 100% redone
- the 3rd and 4th have been 70% redone
- supporting walls have been modified on the ground floor, 2nd floor and 4th floor

Building details and property interior
Particularities plusParticularities minus

1900

Lot and exterior features
Particularities plusParticularities minus

2,499.54 SF

Highway , Metro , Commuter train , Public transportation

Commercial , Residential

Characteristics
Particularities plusParticularities minus

Municipality

Municipality

Financial details
Particularities plusParticularities minus
Assessment (2021)
Taxes
  • (2023)
  • (2023)
3425 Rue St-Denis, Montréal (Le Plateau-Mont-Royal) (Le Plateau-Mont-Royal), H2X 3L1
NEIGHBOURHOOD STATISTICS
  • Statistics Person living alone
  • Statistics Families with children
  • Statistics Families with no children
  • 5.1%
  • 16.0%
  • 5.4%
  • 14.6%
  • 58.8%
  • 0.3%
  • 1.7%
  • 4.6%
  • 65.6%
  • 27.9%
UnilingualFrenchUnilingualEnglishBilingual(fr/en)Other 0% 10% 20% 30% 40% 50% 60% 70% 80% 90%100%
  • Statistics Household
  • Statistics Individual
  • Statistics Owners
  • Statistics Renters
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JOELLE BITAR
Real Estate Broker
Brokers tranquilit

MORTGAGE PAYMENTS CALCULATOR

Financial details

Assessment (2021)
Taxes
  • (2023)
  • (2023)
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