$1,870,000 +GST/QST

Investment For Sale In De Lorimier, Montréal (Le Plateau-Mont-Royal), Quebec

$1,870,000 +GST/QST

Property Information:

Location! with 50' frontage on Plateau Mont-Royal corner of Papineau/Laurier. 4 very large 6 1/2 apartments with 2 balconies each (Front and Back or side) and 1 commercial unit on the ground floor (Garderie). Many renovations since 2010 such as kitchens, bathrooms, windows, balconies, and bricks. Starting July 2024 Residential rent will be $77,268.

Visit only with an accepted Offer.
The land is condominium horizontal.
Electricity is the responsibility of the tenants.
There are tps/tvq on 40% of the building for the daycare.
A mortgage of $900,000 can be transferred to the Buyers, secured by a first-rank hypothec; this loan which bears interest at the rate of 4.65% per annum due in March 2027 (calculated semi-annually and not in advance), shall be calculated according to a maximum amortization plan of 25 years.

Exclusions : Tenant's belongings

Building Features:

  • Style: Multiplex
  • Basement: Less than 6 feet Unfinished
  • Siding: Brick
  • Size: 50.2 x 45.6 Feet
  • Heating Energy: Electricity
  • Water Supply: Municipality
  • Sewage System: Municipality

Potential Gross Revenue:

  • Residential: $71,844
  • Commercial: $52,728

Taxes:

  • Municipal Tax: $15,236
  • School Tax: $949
  • Annual Tax Amount: $16,185

Property Assessment:

  • Lot Assessment: $279,900
  • Building Assessment: $1,070,100
  • Total Assessment: $1,350,000

Property Features:

  • Bedrooms: 3
  • Bathrooms: 1
  • Built in: 1924
  • Lot Depth: 45.6 Feet
  • Lot Frontage: 50.2 Feet
  • Lot Size: 2287.33 Square Feet
  • Zoning: COMM, RESI

Revenue Units:

  • Pieces 6
  • Bedrooms 3
  • Baths 1
  • Pieces 6
  • Bedrooms 3
  • Baths 1
  • Pieces 6
  • Bedrooms 3
  • Baths 1
  • Pieces 6
  • Bedrooms 3
  • Baths 1

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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