Button CopyPathCircle CloseCircle Left ArrowArrow Down Icon GreyClosecirclecircleBurger
1051Z - 1053AZ Boul. St-Laurent, Montréal (Ville-Marie), QC, H2Z 1J6
MLS® # 19130980
Investment For Sale In Chinatown, Montréal (Ville-Marie), Quebec
$3,890,000
Exterior - 1051Z  - 1053Az Boul. St-Laurent, Montréal (Ville-Marie), QC
Aerial photo - 1051Z  - 1053Az Boul. St-Laurent, Montréal (Ville-Marie), QC
Aerial photo - 1051Z  - 1053Az Boul. St-Laurent, Montréal (Ville-Marie), QC
Aerial photo - 1051Z  - 1053Az Boul. St-Laurent, Montréal (Ville-Marie), QC
Aerial photo - 1051Z  - 1053Az Boul. St-Laurent, Montréal (Ville-Marie), QC
Aerial photo - 1051Z  - 1053Az Boul. St-Laurent, Montréal (Ville-Marie), QC
Exterior - 1051Z  - 1053Az Boul. St-Laurent, Montréal (Ville-Marie), QC
Exterior - 1051Z  - 1053Az Boul. St-Laurent, Montréal (Ville-Marie), QC
Aerial photo - 1051Z  - 1053Az Boul. St-Laurent, Montréal (Ville-Marie), QC
Aerial photo - 1051Z  - 1053Az Boul. St-Laurent, Montréal (Ville-Marie), QC
Aerial photo - 1051Z  - 1053Az Boul. St-Laurent, Montréal (Ville-Marie), QC
Aerial photo - 1051Z  - 1053Az Boul. St-Laurent, Montréal (Ville-Marie), QC
Aerial photo - 1051Z  - 1053Az Boul. St-Laurent, Montréal (Ville-Marie), QC
Exterior - 1051Z  - 1053Az Boul. St-Laurent, Montréal (Ville-Marie), QC
  • Advertising

Home Insurance - TD Insurance

Get a home insurance quote online for this $3,890,000 property in Montréal (Ville-Marie)

Advertisement
1051Z - 1053AZ Boul. St-Laurent, Montréal (Ville-Marie), QC, H2Z 1J6
$3,890,000 +GST/QST

Property Information:

Iconic Ming Yeng Semi-Commercial building on Prime corner lot of Chinatown, located on a high traffic street with great visibility. Completely rebuilt in 1985 with wood & steal structure, with 6 commercial units in basement, 1st & 2nd floor, 8 residential studio apartments on 3rd floor. NET leases with current total income of $182K, with extra potential income of $58k for the vacant 2nd floor unit. Central AC & heat, Building equipped with sprinkles, fire & smoke detectors. Near 3 Metro stations, universities, parks, shopping, CHUM hospital, Old port, HWY 720 and more.

Building Features:

  • Basement: 6 feet and more, Outdoor entrance, Finished basement
  • Equipment/Services: Central air conditioning, Fire detector, Signs allowed, Alarm system, Sprinkler system, Central heat pump
  • Siding: Brick
  • Topography: Sloped
  • Heating System: Forced air
  • Heating Energy: Electricity
  • Water Supply: Municipality
  • Sewage System: Municipality

Potential Gross Revenue:

  • Residential: $27,240
  • Commercial: $155,700

Taxes:

  • Municipal Tax: $50,829
  • School Tax: $2,416
  • Annual Tax Amount: $53,245

Expenses:

  • Insurance: $15,105

Property Assessemnt:

  • Lot Assessment: $828,300
  • Building Assessment: $1,595,000
  • Total Assessment: $2,423,300

Property Features:

  • Floor Space (approx): 861.8 Square Metres
  • Lot Size: 300.10 Square Metres
  • Zoning: COMM, RESI

Revenue Units:

Unit 1

Unit 2

Courtesy of: Royal LePage Village

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.

Market Price Trends

Location of 1051Z - 1053AZ Boul. St-Laurent, Montréal (Ville-Marie), QC, H2Z 1J6

Demographic Information of 1051Z - 1053AZ Boul. St-Laurent, Montréal (Ville-Marie), QC, H2Z 1J6

Life Stage

Young Singles

Employment Type

Service Sector/White Collar

Average Household Income

$83,493.58

Average Number of Children

0.52

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

19.94 %

High school certificate or equivalent

16.21 %

Apprenticeship trade certificate/diploma

3.86 %

College/non-university certificate

10.54 %

University certificate (below bachelor)

4.57 %

University Degree

42.5 %

Commuter

Travel To Work

By Car

21.62 %

By Public Transit

31.71 %

By Walking

37.23 %

By Bicycle

0.68 %

By Other Methods

8.76 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

99.23 %

Houses

0.78 %

Own Vs. Rent