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Commercial building for sale

1350 - 1352, Avenue du Mont-Royal Est, Montréal (Le Plateau-Mont-Royal), Neighbourhood Le Plateau-Mont-Royal

$2,994,999 +GST/QST or
Commercial building for sale in Montréal (Le Plateau-Mont-Royal), Montréal (Island), 1350 - 1352, Avenue du Mont-Royal Est, 22667299 - Centris.ca
$2,994,999 +GST/QST or

Commercial building for sale

1350 - 1352, Avenue du Mont-Royal Est, Montréal (Le Plateau-Mont-Royal), Neighbourhood Le Plateau-Mont-Royal

Features

Lifestyle
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Use of property
Commercial, Residential
Year built
1925
Available commercial area
From 1,490 sqft to 2,984 sqft
Building area (at ground level)
7,892 sqft
Lot area
3,277 sqft
Number of units
Commercial (2)
Type of business
Restaurant
100

Description

Located on the corner of Launadiere street and the dynamic avenue of Mont-Royal East, this commercial and residential property with an AAA tenant is an ideal investment opportunity. This trendy neighborhood is anchored by Mont-Royal and Laurier metro stations which provide excellent public transportation and a tremendous exposure to any commercial tenant. 6 residential units and 2 commercial units, see brochure for details.
Centris No. 22667299

Financial details

Municipal assessment (2022)
Lot $486,600
Building $790,500
Total $1,277,100
Taxes
Municipal (2023) $27,185
School (2023) $1,282
Total $28,467
Expenses
Insurance $9,000
Maintenance $4,400
Management/Administration $10,189
Total $23,589

Listing broker

Joé Rullier, Commercial Real Estate Broker

Joé Rullier

Commercial Real Estate Broker
Joe Rullier Inc.

COLLIERS INTERNATIONAL (QUÉBEC) INC.

Real Estate Agency

Location

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Discover Montréal (Le Plateau-Mont-Royal)

Population (2016) 104,000
Population variation between 2011 and 2016 4%
Population density 12,855 hab/km2
Unemployment rate (2016) 8%

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  • The amounts shown above are for information purposes only and do not include taxes, if applicable.
  • You must purchase mortgage default insurance if your down payment is less than 20 per cent of the purchase price of the property. Click here for more information.
  • Learn more about property transfer tax by clicking here.
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