$1,750,000 +GST/QST

Triplex for sale - Rivière-des-Prairies

$1,750,000 +GST/QST

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$1,750,000 +GST/QST

Triplex for sale - Rivière-des-Prairies

$1,750,000 +GST/QST

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11545Z - 11549Z Boul. de la Rivière-des-Prairies, Rivière-des-Prairies, H1C 1R1

Commercial and industrial land for sale in Rivière des Prairie. You're tired of the low yields of residential real estate, so do not miss this incredible business opportunity. GRM of 7,7 and Cap Rate of 7,6%. It's simple it's the most more profitable real estate investment in Montreal!. Virtual tour: https://www.youtube.com/watch?v=M3SzvEqknkA

  • Lot area : 115,583 SF
  • NUMBER OF ROOMS : 0
NICOLAS BEL
Residential and Commercial Real Estate Broker
Brokers tranquilit
Building details and property interior
Particularities plusParticularities minus

26'1" X 33'4"

Unknown

Poured concrete

Asphalt shingles

Addenda
Particularities plusParticularities minus

This land of more than 115,000 square feet is currently used as parking for individuals and businesses. Located in the heart of industrial park of Rivière des Praires, the vacancy rate is very low.

This outdoor parking is fully fenced and monitored by a 24-hour surveillance system. Parking is available at all hours of the day and night through electronic doors through personal access cards.

There are as far as many cars, boats, vans, trailers, trucks, RVs, containers and semi-trailers. Electrical outlets are available on site and can be activated as needed. Leases are flexible monthly and prices are negotiable if there is more than one vehicle.

Zoning is commercial and industrial, it is possible to build on 50% of the area on 3 floors.

Donnée Économique
Economic Data :
Gross Income: $226,362
Ratio of Gross Income: 7,7
Vacancy Rate and Bad Debt: $28,584
Effective Gross Income: $197,778
Expenses: $65,508
Net Income: $132,270
Cap Rate : 7,6%

Note :

The land is zoned commercial and industrial. There is on the land a triplex in acquired right included in the sale.

Cadaster's numbers : Numéro de Cadastre : 4620076, 1509858, 1509857, 1509882, 1509883, 1509884, 4567370, 1509616, 1509617, 1509619, 1509620, 1509621, 1509657, 1509658, 1509659 et 1509661

It is the responsibility of the buyer to check with the competent authorities if the intended destination of the land is in accordance with the laws and regulations currently in force

Non-construction easement in favor of "Hydro-Québec", against the whole lot 4620076. It is currently the only lot declared as a parking lot in the city.
An easement of passage for overhead wires serving the property erected on lot 1509856, against lot 1509857.
An easement of sight in favor of lot 1509857, against lot 1509856,
An easement of sight in favor of lots 1509858, 1509882 and 1509883, against lot 1509857
An easement of sight in favor of lot 1509857, against lots 1509858, 1509882 and 1509883.

Building details and property interior
Particularities plusParticularities minus

26'1" X 33'4"

Unknown

Poured concrete

Asphalt shingles

Lot and exterior features
Particularities plusParticularities minus

334' X 424'10" Irregular

115,582.87 SF

parking , Fenced

Commercial , Industrial

Characteristics
Particularities plusParticularities minus

Municipality

Municipality

Financial details
Particularities plusParticularities minus
Assessment (2015)
Taxes
  • (2019)
  • (2018)
Gross yearly revenu (potential)
Annual Expenses
Energy
IN THE AREA
NEIGHBOURHOOD STATISTICS
  • Statistics Person living alone
  • Statistics Families with children
  • Statistics Families with no children
  • 28.3%
  • 31.0%
  • 13.2%
  • 12.2%
  • 14.3%
  • 37.9%
  • 26.6%
  • 5.4%
  • 28.8%
  • 0.0%
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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NICOLAS BEL
Residential and Commercial Real Estate Broker
Brokers tranquilit

MORTGAGE PAYMENTS CALCULATOR

Financial details

Assessment (2015)
Taxes
  • (2019)
  • (2018)
Gross yearly revenu (potential)
Annual Expenses
Energy
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