$2,300,000

Investment For Sale In Milton-Parc, Montréal (Le Plateau-Mont-Royal), Quebec

$2,300,000

Property Information:

Project that was started, with a ton of potential, located in the heart of the McGill Ghetto. It consists of a 7-unit residential building constructed in 1880 (only the shell remains, as the building has been completely stripped) and the potential for a 4-unit semi-commercial building (formerly a convenience store on the ground floor with residential units above, as the original building has been demolished; only a new foundation remains as of 2022). Architect, structural engineer, mechanical engineer and landscaping drawings are available with an acceptance promise to purchase and a signed NDA.

Building #1: 3602 Rue Durocher

Former building #2: 455-461 Rue Prince-Arthur O.

* Please note that there is no electricity or plumbing in the building.

Building Features:

  • Basement: 6 feet and more, Unfinished
  • Distinctive Features: Street corner
  • Foundation: Poured concrete, Stone
  • Proximity: Highway, CEGEP, Daycare centre, Hospital, Metro, Park, Bicycle path, Elementary school, High school, Public transportation, University
  • Roofing: Asphalt and gravel
  • Siding: Brick, Stone
  • Water Supply: Municipality
  • Sewage System: Municipality

Potential Gross Revenue:

  • Residential: $69,600
  • Commercial: $43,200

Taxes:

  • Municipal Tax: $14,634
  • School Tax: $1,130
  • Annual Tax Amount: $15,764

Property Assessment:

  • Lot Assessment: $736,800
  • Building Assessment: $765,900
  • Total Assessment: $1,502,700

Property Features:

  • Built in: 1880
  • Lot Depth: 100.0 Feet
  • Lot Frontage: 30.8 Feet
  • Lot Size: 3050.50 Square Feet
  • Zoning: COMM, RESI

Revenue Units:

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.

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