$518,000

Investment For Sale In Chinatown, Montréal (Ville-Marie), Quebec

$518,000

Property Information:

Potential Gross Revenue $53,868. Commercial unit 870.8/SF is located in the heart of China Town, inside the Place du Quartier commercial condo. Unit R19 is presently rented to Fido Cellular until Dec 31, 2026, with a 10-year renewal option. unit R19B is rented to Entrepot Cellulaire until Sept 30, 2025, with a 5-year renewal option. Business Taxes, School Taxes, condo fees, heating and electricity are not included.

Exclusions : All tenants' belonging

Building Features:

  • Property or unit amenity: Signs allowed, Sprinkler system
  • Proximity: China Town, Highway, Hospital, Metro, Park, Public transportation, University
  • Size: 6.94 x 11.52 METRE
  • Topography: Flat
  • Heating Energy: Electricity
  • Water Supply: Municipality
  • Sewage System: Municipality

Potential Gross Revenue:

  • Commercial: $40,836
  • Other: $13,032

Taxes:

  • Municipal Tax: $12,602
  • School Tax: $434
  • Annual Tax Amount: $13,036

Property Assessment:

  • Lot Assessment: $87,200
  • Building Assessment: $431,800
  • Total Assessment: $519,000

Property Features:

  • Built in: 1985
  • Floor Space (approx): 80.9 Square Metres
  • Irregular: Yes
  • Zoning: COMM

Revenue Units:

Courtesy of: Royal LePage Champlain

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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