$1,750,000 +GST/QST

Commercial For Sale In Mile End, Montréal (Le Plateau-Mont-Royal), Quebec

$1,750,000 +GST/QST

Property Information:

Welcome to 119-123 Laurier W, Elegantly appointed fully leased semi-commercial quadruplex located in Mile-End, steps from Mont-Royal Avenue & Laurier metro station. This property features 5,385 SF and comprises 2 residential units on the upper levels offering open-concept living spaces, charming finishes, high ceilings, large windows allowing an abundance of natural light, private backyard and large private terraces. 2 parking spaces in the back of the building. On the ground floor, a recently renovated commercial unit is occupied by a bakery, and the second space is occupied by a clothing retailer.

Welcome to "119-123 Av. Laurier O!"

** Potential Gross Income as of July 1st, 2024 - $121,561.44 **

* Quadruplex on 3 stories;
* 2 residential units (119 & 121) with large patio / balcony spaces;
* 2 commercial units (123 & 123A);
* Two exterior parking in the back of the building;
* Close to public transportation & all other amenities.

Unit 123A:

* Currently rented by a clothing store;
* Monthly charges of 2,500$+ GST/QST + OPEX;
* Several changing rooms for the clothing store;
* Stairs to a basement level (storage space, approximately 6ft).

Unit 123:

* Newly leased to a bakery;
* Monthly charges of 3,000$+ $660.00 GST/QST + OPEX;
* A/C wall mounted ;
* Large open space;
* Direct access to the back ally.

Inclusions: As per the leases

Exclusions : As per the leases

Building Features:

  • Style: Attached
  • Parking: Driveway
  • Proximity: Highway, Metro, Public transportation
  • Water Supply: Municipality
  • Sewage System: Municipality

Taxes:

  • Municipal Tax: $23,445
  • School Tax: $1,120
  • Annual Tax Amount: $24,565

Property Assessment:

  • Lot Assessment: $525,000
  • Building Assessment: $1,270,000
  • Total Assessment: $1,795,000

Property Features:

  • Built in: 1907
  • Floor Space (approx): 5385.0 Square Feet
  • Lot Size: 2350.00 Square Feet
  • Type of Business: Commercial
  • Type of Operation: Retail, Service
  • Zoning: COMM, RESI
  • No. of Parking Spaces: 2

Courtesy of: Royal LePage du Quartier

Data provided by: Centris - 600 Ch Du Golf, Ile -Des -Soeurs, Quebec H3E 1A8
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved.

Sold without legal warranty of quality, at the buyer's own risk.

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