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Income properties for sale

5851 - 5855, Rue Sherbrooke Ouest, Montréal (Côte-des-Neiges/Notre-Dame-de-Grâce), Neighbourhood Notre-Dame-de-Grâce

$6,200,000 +GST/QST or
$6,200,000 +GST/QST or

Income properties for sale

5851 - 5855, Rue Sherbrooke Ouest, Montréal (Côte-des-Neiges/Notre-Dame-de-Grâce), Neighbourhood Notre-Dame-de-Grâce

Features

Lifestyle
14134282 6200000 /en/multi-family-properties~for-sale~montreal-cote-des-neiges-notre-dame-de-grace/14134282?view=Summary /fr/multifamilial~a-vendre~montreal-cote-des-neiges-notre-dame-de-grace/14134282 https://passerelle.centris.ca/redirect.aspx?NoMLS=14134282&Lang=E&source=centris.ca /en/multi-family-properties~for-sale~montreal-cote-des-neiges-notre-dame-de-grace/14134282/photos 45.4693570000 -73.6188010000 true
Use of property
Commercial, Offices
Year built
2011
Living area
9,395 sqft
Number of units
Commercial (4)
Potential gross revenue
$291,744
Additional features
Near the REM
96

Description

Fully rented commercial condo located on the ground floor of a well-known building. It is currently outfitted to include 4 distinct business. It represents a perfect opportunity for investors seeking a lucrative investment in Montreal's thriving real estate market. With its prime location, concrete and low maintenance construction, strong tenant base, and consistent cash flow, the property offers both immediate returns and long-term appreciation potential. OWNER COULD PROVIDE BALANCE OF SALE.
Centris No. 14134282

Financial details

Municipal assessment (2021)
Lot $274,800
Building $1,900,200
Total $2,175,000
Taxes
Municipal (2024) $59,329
School (2024) $1,749
Total $61,078
Expenses
Condo fees $20,472
Total $20,472

Listing broker

Sandra Albornoz, Residential and Commercial Real Estate Broker

Sandra Albornoz

Residential and Commercial Real Estate Broker

GROUPE SUTTON - CENTRE OUEST INC.

Real Estate Agency
GROUPE SUTTON - CENTRE OUEST INC., Real Estate Agency

Location

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Discover Montréal (Côte-des-Neiges/Notre-Dame-de-Grâce)

Population (2016) 166,011
Population variation between 2011 and 2016 1%
Population density 7,718 hab/km2
Unemployment rate (2016) 11%

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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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