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Commercial building for sale
2049 - 2053, Avenue Papineau, Montréal (Ville-Marie), Neighbourhood Central
$1,225,000
$1,225,000
Commercial building for sale
2049 - 2053, Avenue Papineau, Montréal (Ville-Marie), Neighbourhood Central
Features
Use of property
Redevelopment
Year built
1875
Available commercial area
3,052 sqft
Building area (at ground level)
3,196 sqft
Number of units
Commercial (1)
Description
DEVELOPMENT POTENTIAL with confirmed zoning for multi-residential, commercial, or hotel projects. Full right to build up to 12 units as is on 3 floors and potentially 17 units by going through PPCMOI. Securing additional approval; Approval of demolition, Derogations mineures, CCU approval, and Adopted modifications to zoning would further enhance its marketability and value. The property is located in a PPU zone and the city plans on increasing the maximum height to 16m and increasing the density. Exclusion of legal warranty of quality.
Centris No. 26476804
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Financial details
| Municipal assessment (2023) | |
|---|---|
| Lot | $482,500 |
| Building | $120,700 |
| Total | $603,200 |
| Taxes | |
|---|---|
| Municipal (2024) | $3,362 |
| School (2024) | $497 |
| Total | $3,859 |
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