Bardagi.com/1799 Beautifully located semi-commercial building on the Plateau-Mont-Royal, long-established tenant for over 50 years in a captive market, for discerning investors. Near the Sherbrooke metro station, La Fontaine Park, Berri and St-Denis streets, as well as bicycle paths. Walk Score of 94! Budgeted commercial annual income of $175,500 and residential income of $22,356 for a TOTAL of $197,856 in 2022.
47' X 94'
Beautifully located semi-commercial building on the Plateau-Mont-Royal, long-established tenant for over 50 years in a captive market, for discerning investors.
Description: Commercial space:
Large 4500 sq ft commercial space on the first floor + 4500 sq ft basement set up as offices, staff room, storage, cold room, mechanical room and powder room.
The potential rent is $132,500 per year (or $11,041.66/month).
+ The tenant pays an additional rent of $43,000 per year (or $3,583/month) for his participation in the expenses of the building (municipal taxes, school taxes and insurance).
The total potential commercial revenue is $175,500 per year (or $14,625/month).
Description: Residential dwelling:
Great unit (6 1/2) on the 2nd floor. Living room with windows on two walls, open area consisting of kitchen and dining room, three bedrooms, bathroom with skylight and laundry area. 8'4" ceiling.
Beautiful sunny terrace of about 20' x 12'.
The residential rent is $22,356 per year, or $1,863 per month.
TOTAL INCOME FROM THE PROPERTY: $197,856 per year, or $16,488 per month.
See attached financial summary.
Roofing redone in 2014 for the residential unit and 2020 for the commercial section.
The building is subject to GST-QST for 89%.
An inspection report by an architect will be available at the end of April 2022.
The sale is without legal warranty at the risk and peril of the buyer.
The selection of the inspector must be approved by all parties.
47' X 94'
47' X 94'
CEGEP , Daycare centre , Hospital , Metro , Park , Bicycle path , Elementary school , Public transportation , University
Commercial , Residential
Electric baseboard units
According to the leases, without guarantee of quality.
According to the leases.
MORTGAGE PAYMENTS CALCULATOR
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