A 7-minute walk from the Mont-Royal metro station.

Next door to the Bank of Montreal, across from the Laurentian Bank, surrounded by other AAA tenants such as Couche-Tard, La Source, Cool & Simple, Mondou, SAQ, Première Moisson, Kinton Ramen, Notre-Boeuf-de-Grâce, Columbus Café and St-Viateur Bagel & Café

HARDWARE STORES WELCOME
The commercial premises on the ground floor has been occupied by a hardware store SINCE 1916.

Also, a great opportunity for investors looking for a safe bet.
According to the area's rental market, the commercial ground floor is estimated at $8,142 per month (the potential gross rental value), and the four residential apartments bring in $4,665 per month (4 apartments of 3.5, however large 3.5).

After renting the commercial space, a potential monthly gross income of $12,807 for an annual total of $153,684.

MAJOR BUILDING MAINTENANCE
- Complete renovation of the stone facade at the front and new cornice in 2010 and 2011.
- The two elastomeric roofs installed in 2019 and 2021.
- Replacement of the skylight in 2021.
- Front door and front and rear residential windows replaced in 2022.
- The RONA commercial storefront in 2022.
- Double door at the back for deliveries.
- RONA local electrical work (Wiring, Lighting, Heating) in 2020 and 2022.
- Carpentry work, log # 4 complete renovation, partial log # 1 and log # 2, carpentry window finishing, renovation of common areas, renovation of RONA premises and basement masonry.

THE SURFACE AREA OF THE BUILDING
2,333 sq ft on the ground floor
1,719 sq ft on the second floor
1,719 sq ft on the third floor
___________
5,771 sq ft ABOVE-GROUND
1,719 sq ft in the basement
___________
7,490 sq ft TOTAL

According to the area of the surveyor's report on the 2017 location certificate.


REPORTS AVAILABLE
- Assessment of the structure and building envelope 2002;
- Real estate appraisal report, 2018 (Marc Jutras);
- Real estate appraisal report, 2018 (HPDG);
- Environmental study, Phase I (March 2002).

A beautiful building, income below market value, a much better investment than those offered by financial institutions. A great location. You can go for it with confidence.


SELLER'S DECLARATION
- In 2023, the adjacent neighbor's skylight on the east side caused water infiltration through the common wall. The selling owner took the initiative to send a roofer to carry out a partial repair. Since then, he has not noticed any new infiltration.

- There was a fire in the building around 1962.


Welcome everyone!


Sale without legal warranty of quality, at the buyer's own risk.