Property Information:
Great opportunity! Annual income of $60,000! A 100% commercial building, fully leased, very well maintained over the years, located on Boulevard Henri-Bourassa Est in a sought-after area. In addition, municipal taxes are fully paid by the tenants! A stable and profitable investment! Zoning allows, among other uses, the construction of a multiplex, offering strong potential for residential, commercial, or mixed-use redevelopment, subject to the usual verification with the municipality by the BUYER. An excellent choice for investors seeking both income and value appreciation!
Excellent investment opportunity!
This well-maintained building generates over $60,000 in annual income from its two commercial units, each leased at $2,500 per month.
Municipal taxes are fully paid by the tenants, providing a significant advantage for investors.
Both commercial units feature independent entrances and glass storefront doors. The ground-floor unit is equipped with commercial-grade glass and stainless-steel railings.
Roof: Elastomeric membrane, approximately 2014.
Located between two street corners, offering excellent visibility.
Redevelopment Potential: According to the municipality's zoning by-law, the zoning permits, among other uses, the construction of a residential building with 11 dwelling units or more, subject to the usual verifications and confirmation by the BUYER with the appropriate municipal authorities. A copy of the zoning schedule is available on Centris and can be provided to interested buyers upon request.
In the INCOME section, the amount listed under OTHER represents the municipal taxes, which are paid in full by the tenants and therefore constitute additional income to the owner.
Inclusions: Connected alarm system, shed, dishwasher (without any warranty as to its condition), 2 wall-mounted heat pumps, 1 wall-mounted air conditioner
Exclusions : Hair salon light fixtures, fixed shelves, 2 hairdressing sinks, blinds, 2 fixed hairdressing furniture stations
Building Features:
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Style:
Duplex
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Association Amenities:
Laundry room, Outdoor storage space
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Basement:
6 feet and more, Other, Outdoor entrance, Finished basement
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Bathroom Features:
Other
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Common Walls:
Detached
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Construction Materials:
Wood, Brick
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Cooling:
Wall-mounted air conditioning, Wall-mounted heat pump
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Flooring:
Wood, Ceramic, Laminate floor
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Foundation Details:
Poured concrete
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Heating:
Electric baseboard units, Electricity
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Kitchen Cabinet Features:
Wood
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Laundry Features:
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Lot Features:
Other, Street corner, Highway, Daycare centre, Hospital, Metro, Park, Bicycle path, Elementary school, Réseau Express Métropolitain (REM), High school, Commuter train, Public transportation, Landscaped, Flat
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Other Equipment:
Other, Air exchange system
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Parking Features:
Asphalt
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Roof:
Elastomeric membrane
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Security Features:
Alarm system
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Size:
26.5 x 38.6 Feet
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Utilities:
Water Connected, Electricity Connected, Sewer Connected
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Water Source:
Municipality
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Window Features:
PVC, Casement
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Sewer:
Municipality
