Income properties for sale
1226 - 1228, Rue Drummond, Montréal (Ville-Marie), Neighbourhood Golden Square Mile
$4,350,000
+GST/QST
$4,350,000 +GST/QST
Income properties for sale
1226 - 1228, Rue Drummond, Montréal (Ville-Marie), Neighbourhood Golden Square Mile
Features
Use of property
Residential, Commercial
Year built
Unknown age
Lot area
2,846 sqft
Number of units
Residential (8), Commercial (1)
Residential units
5 x 3 ½, 3 x 4 ½
Potential gross revenue
$308,600
Description
Building located in the heart of downtown, between Ste-Catherine Street and René-Lévesque Blvd. Exceptional, if not a dream location for a potential real estate development, a retrofit as a medical clinic, hotel, small office tower, etc. Otherwise, the land is worth its weight in gold to do whatever you want... Across from the Sheraton Hotel and just a few steps from the Queen Elizabeth Hotel and all the downtown office towers. Huge foot traffic 12 months a year. Hot water and heating are at the tenants' expense.
Centris No. 13030650
Financial details
| Municipal assessment (2024) | |
|---|---|
| Lot | $1,242,700 |
| Building | $910,300 |
| Total | $2,153,000 |
| Taxes | |
|---|---|
| Municipal (2024) | $30,959 |
| School (2024) | $2,004 |
| Total | $32,963 |
| Expenses | |
|---|---|
| Insurance | $18,170 |
| Total | $18,170 |
See all financial details