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2047 - 2049 Rue St-Hubert, Montréal (Ville-Marie), QC, H2L 3Z6
MLS® # 24628832
Investment For Sale In Centre-Sud, Montréal (Ville-Marie), Quebec
$2,599,000
Frontage - 2047  - 2049 Rue St-Hubert, Montréal (Ville-Marie), QC
Frontage - 2047  - 2049 Rue St-Hubert, Montréal (Ville-Marie), QC
Back facade - 2047  - 2049 Rue St-Hubert, Montréal (Ville-Marie), QC
Back facade - 2047  - 2049 Rue St-Hubert, Montréal (Ville-Marie), QC
Exterior - 2047  - 2049 Rue St-Hubert, Montréal (Ville-Marie), QC
Frontage - 2047  - 2049 Rue St-Hubert, Montréal (Ville-Marie), QC
Frontage - 2047  - 2049 Rue St-Hubert, Montréal (Ville-Marie), QC
Back facade - 2047  - 2049 Rue St-Hubert, Montréal (Ville-Marie), QC
Back facade - 2047  - 2049 Rue St-Hubert, Montréal (Ville-Marie), QC
Exterior - 2047  - 2049 Rue St-Hubert, Montréal (Ville-Marie), QC
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2047 - 2049 Rue St-Hubert, Montréal (Ville-Marie), QC, H2L 3Z6
$2,599,000

Property Information:

Unique opportunity with great potential! Two buildings on two different lots communicating with each other and currently used as an intermediate mental health resource and operated by the current owner-occupants. Both buildings are 3 storeys above ground plus basement (the rooms in the back of the basement are full height) and total 22 rooms and 5 parking spaces in the back.

Unique opportunity with great potential! Two buildings on two different lots communicating with each other and currently used as an intermediate mental health resource and operated by the current owner-occupants. Both buildings are 3 storeys above ground plus basement (the rooms in the back of the basement are full height) and total 22 rooms and 5 parking spaces in the back.



Building:

+ Nice area 4064.45 sq. ft.

+ Potential area: (+) 13,707 sq.ft. according to the 2021 Feasibility Study

+ Estimated income: $170,000

+ Electricity, heating at owner's expense

+ 5 parking spaces

+ 22 Bedrooms

+ 4 complete bathrooms (some rooms have toilets included)

+ Ideally located

+ Zoning R.3 (representing an unlimited potential of buildable unit according to the urbanism regulation)

+ 85% implementation rate (the feasibility study shows a maximum square footage potential of 10,500 sq. ft. for Option 1 and over 13,707 sq. ft. for Option 2 while respecting a density level of less than 3)

+ Ideal for a real estate developer



** A minimum 15-month transitional lease will be signed at the time of sale, to allow time to relocate residents to their new location.

*** The buyer will have to take over the mortgage already present (estimated value of 1.2M)

Location:

+ Several shops nearby (pharmacy, restaurants, bars...)

+ 5 minutes from Saint-Jacques Park, Jardin Communautaire Saint-André, Square Saint-Louis

+ Close to route 138

+ Bus stop 125, 24, 360 at less than 10 minutes walking distance

+ Sherbrooke metro station at 5 minutes walking distance

+ Angus Clinic at 2 minutes

Inclusions: furniture for residents' rooms

Exclusions : Appliances

Building Features:

  • Parking: Garage
  • Size: 14.72 x 24.84 METRE
  • Windows: PVC
  • Heating System: Electric baseboard units
  • Heating Energy: Electricity
  • Water Supply: Municipality
  • Sewage System: Municipality

Potential Gross Revenue:

  • Residential: $170,004

Taxes:

  • Municipal Tax: $9,947
  • School Tax: $1,307
  • Annual Tax Amount: $11,254

Property Assessemnt:

  • Lot Assessment: $490,900
  • Building Assessment: $837,800
  • Total Assessment: $1,328,700

Property Features:

  • Bedrooms: 1
  • Bathrooms: 2
  • Built in: 1885
  • Lot Depth: 25.81 Metre
  • Lot Frontage: 14.64 Metre
  • Lot Size: 377.60 Square Metres
  • Zoning: RESI
  • No. of Parking Spaces: 5

Revenue Units:

Unit 1

  • Pieces 1
  • Bedrooms 1
  • Baths 1

Courtesy of: Royal LePage Altitude

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 2047 - 2049 Rue St-Hubert, Montréal (Ville-Marie), QC, H2L 3Z6

Demographic Information of 2047 - 2049 Rue St-Hubert, Montréal (Ville-Marie), QC, H2L 3Z6

Life Stage

Young Singles

Employment Type

Service Sector/White Collar

Average Household Income

$81,776.80

Average Number of Children

0.69

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

10.24 %

High school certificate or equivalent

14.71 %

Apprenticeship trade certificate/diploma

5.2 %

College/non-university certificate

13.11 %

University certificate (below bachelor)

6.72 %

University Degree

48.5 %

Commuter

Travel To Work

By Car

17.38 %

By Public Transit

46.21 %

By Walking

24.46 %

By Bicycle

7.53 %

By Other Methods

4.42 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

95.58 %

Houses

4.3 %

Own Vs. Rent