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
Need more details?
Visit the real estate broker's website to see the detailed sheet for this property.
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
Need more details?
Visit the real estate broker's website to see the detailed sheet for this property.