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$1,699,000 +GST/QST

RE/MAX Commercial

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

$1,699,000 +GST/QST

$1,699,000 +GST/QST

Loading property...
Loading property...

$1,699,000 +GST/QST

RE/MAX Commercial

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

$1,699,000 +GST/QST

$1,699,000 +GST/QST

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4566 - 4576 Av. Papineau, Montréal (Le Plateau-Mont-Royal) (Le Plateau-Mont-Royal), H2H 1V3

Immense semi-commercial 5 unit in the sought-out area of Le Plateau-Mont-Royal! Located near all services and amenities. The commercial unit occupies the entire main floor which is over 3000 sqft. It also includes an unfinished basement which is ideal for storage space. It is currently being renovated by the tenant and will be occupied by a beauty salon. The other 4 units are residential and currently fully occupied by tenants. Each unit has a washer & dryer installation and a large storage space in the rear. The hydro is paid by the tenants. There is also a large 2 storey storage space complex in the rear. Endless possibilities for this un

  • Lot area: 3,540 SF
  • NUMBER OF ROOMS : 0
  • Year built : 1925
STEVEN ANDRE GONCALVES INC.
Real Estate Broker
Brokers tranquilit
DAVIDE FERRARA INC.
Real Estate Broker
Brokers tranquilit
Building details and property interior
Particularities plusParticularities minus

30'1" X 64'3" Irregular

1925

Aluminum

Stone

Brick

Elastomeric membrane

Low (less than 6 feet) , Unfinished

Addenda
Particularities plusParticularities minus

Immense semi-commercial 5 unit in the sought-out area of Le Plateau-Mont-Royal! Located near all services and amenities. The commercial unit occupies the entire main floor which is over 3000 sqft. It also includes an unfinished basement which is ideal for storage space. It is currently being renovated by the tenant and will be occupied by a beauty salon. The other 4 units are residential and currently fully occupied by tenants. Each unit has a washer & dryer installation and a large storage space in the rear. The hydro is paid by the tenants. There is also a large 2 storey storage space complex in the rear. Endless possibilities for this unique property.

- Roof was redone in 2017
- Roof of the rear terrace was redone in 2021
- Re-jointing of the brick façade in 2021
- Front windows of the commercial unit replaced in 2022

** Unit # 4576**

- Commercial unit located on the main-floor
- Is currently being renovated at the expense of the tenant
- Has a central heat pump with air conditioning ( 2018 )
- Will be occupied by a beauty salon

** Terms of the lease ***

- 4 year lease 2021-09-01 - 2025-08-31
** Base rent $2500 per month plus tps/tvq **
- $50 increase every year
- Tenant pays his portion of the taxes ( 60% ) in 12 monthly installments
Base rent : 2021-09-01 - 2022-08-31 = $2500
2022-09-01 - 2023-08-31 = $2550
2023-09-01 - 2024-08-31 = $2600
2024-09-01 - 2025-08-31 = $2650

** Current rent
- Base : $2550
- TPS-TVQ : $381.86
Portion of Municipal & School taxes : $902.32
Total : $3834.18

** UNIT 4566 **

** Rented at $1015 per month and will be increased to $1057 per month starting September 1, 2023 ***
- Lease ends August 31, 2024

- Electric heating at the expense of the tenants
- 4 1/2
- Updated kitchen
- Hardwood floor
- Large washroom with separate shower & tub
- Washer/dryer installation in washroom
-Large storage unit in the rear

** UNIT 4568 **

** Rented at $600 per month and will be increased to $625 per month starting July 1, 2023 ***

- Electric heating at the expense of the tenants
- 4 1/2
- Hardwood floor
- Washer/dryer installation in the apartment
-Large storage unit in the rear

** UNIT 4570 **

** Rented at $1065 per month and will be increased to $1109 per month starting July 1, 2023 ***

- Electric heating at the expense of the tenants
- 4 1/2
- Updated kitchen
- Large washroom with separate shower & tub
- Washer/dryer installation in washroom
-Large storage unit in the rear

** UNIT 4572 **

** Rented at $780 per month and will be increased to $815 per month starting July 1, 2023 ***

- Electric heating at the expense of the tenants
- Includes 2 closed bedrooms
- Laminate floor
- Washer/dryer installation in the apartment
-Large storage unit in the rear

** LOCATION** LOCATION**LOCATION**

- Walking distance to Park La Fontaine & Mont-Royal metro station

Building details and property interior
Particularities plusParticularities minus

30'1" X 64'3" Irregular

1925

Aluminum

Stone

Brick

Elastomeric membrane

Low (less than 6 feet) , Unfinished

Lot and exterior features
Particularities plusParticularities minus

30'1" X 118'

3,540.25 SF

Highway , Metro , Public transportation

Commercial

Characteristics
Particularities plusParticularities minus

Forced air , Electric baseboard units

Electricity

Central air conditioning , Outside storage , Central heat pump

Municipality

Municipality

Financial details
Particularities plusParticularities minus
Assessment (2023)
Taxes
  • (2023)
  • (2022)
4566 - 4576 Av. Papineau, Montréal (Le Plateau-Mont-Royal) (Le Plateau-Mont-Royal), H2H 1V3
NEIGHBOURHOOD STATISTICS
  • Statistics Person living alone
  • Statistics Families with children
  • Statistics Families with no children
  • 5.7%
  • 13.2%
  • 4.3%
  • 17.4%
  • 59.3%
  • 0.1%
  • 1.0%
  • 6.6%
  • 89.2%
  • 3.1%
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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STEVEN ANDRE GONCALVES INC.
Real Estate Broker
Brokers tranquilit
DAVIDE FERRARA INC.
Real Estate Broker
Brokers tranquilit

MORTGAGE PAYMENTS CALCULATOR

Financial details

Assessment (2023)
Taxes
  • (2023)
  • (2022)
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