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
$6,200,000 +GST/QST
Income properties for sale
5851 - 5855, Rue Sherbrooke Ouest, Montréal (Côte-des-Neiges/Notre-Dame-de-Grâce), Neighbourhood Notre-Dame-de-Grâce
Features
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
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 |
See all financial details