Photo Main Photo of the property
$10,500,000 +GST/QST
ULS: 28869183

Commercial for sale
12421 Boul. Lacordaire, Montréal (Montréal-Nord)

NEW: Complexe médical Montréal-Nord. Magnificent new 3-storey commercial rental building + basement/garage, built in 2023 and offering excellent visibility at the corner of Léger and Lacordaire boulevards. More than 35,800 sq.ft. of leasable area and 22,827 sq.ft. of land. Prime tenants with long-term leases: CIUSS du Nord-de-l'Ile-de-Montréal, GMF Clinique médicale Désy, Radiologix, Physio-Expert and others. 3 vacant premises totaling 15,515 sq.ft. Ideal opportunity for an owner wishing to settle on the 3rd floor. Telus antenna on the roof, 34 spaces in the indoor garage, 24 outdoor parking spaces. All visit must be preapproved.
Lot area 22,827 ft²
NEW: CLINIQUE MÉDICALE MONTRÉAL-NORD

Built in 2023, here is a magnificent new commercial rental building with elevator, 3 floors above ground, a basement with large garage, offering excellent visibility at the corner of Léger and Lacordaire boulevards, as well as easy access to highways and major roads.

Building with high-quality steel structure, elastomeric membrane on the roof, exterior brick cladding, metal panels and architectural blocks, good windows, central heating and air conditioning... this modern building will please the most demanding tenant.

Indeed, all rental spaces are heated by a central forced-air system to which central air conditioning is connected, sometimes with electric baseboards as a backup. Each tenant has their own electrical panel. The garage is heated by unit heaters and ventilated.

More than 35,800 sq.ft. of leasable area and land of 22,827 sq. ft. Choice tenants with long-term leases (10, 20 years): CIUSS du Nord-de-l'Ile-de-Montréal, GMF Clinique médicale Désy, Radiologix, Physio-Expert and another. Telus antenna on the roof, total of approximately 34 spaces in the indoor garage, plus covered outdoor parking of approximately 24 spaces for customers.

There are currently 3 vacant premises totaling 15,515 sq. ft. of leasable area, of which more than 10,000 sq. ft. are on the 3rd floor. The premises available on the ground floor would be ideal for a pharmacy or any medical, paramedical or medico-aesthetic service business wishing to benefit from the generous windows and good visibility facing Blvd. Léger and via the building entrance. Lots of potential!

This is an ideal opportunity for an owner wishing to settle on the 3rd floor, or an investor with a business plan to bring in tenants (laboratories, aesthetic clinic, psychologists, dentists, ophthalmologist, etc.).

Built with a medical vocation as part of a Special Project (PPU), certain usage restrictions apply, but the municipality is receptive to complementary uses. Thus, the buyer will be entirely responsible for verifying with the competent authorities (municipality and others) that any use envisaged in the building for its occupation or any new rental of space is authorized and/or complies with the regulations in force. Please note that some leases in force include exclusivity clauses (to be verified).

Effective annual gross revenue (according to leases): $652,480*
Potential gross revenue (if 100% rented): estimated at $1,200,000*

*Including recovery of municipal and school taxes and the additional rent for OPEX.

Property taxes (municipal and school) and all operating expenses for the building are estimated for 2025 at $492,000. To be confirmed.

IMPORTANT NOTICE: NO VISIT AIMED AT THE PURCHASE OF THE PROPERTY without the prior consent of the listing broker.

At the request of the SELLER: confidential information will be shared only following the signature of the NDA on file, and some (such as leases) upon accepted offer only.
Dimensions 180' X 92' irr.
Year constructed 2023
Windows Aluminum
Siding Architectural blocks, Brick, Aluminum
Roofing Elastomeric membrane, Telus Antenna on the roof
Dividing Floor concrete over steel structure of superior quality
Garage Built-in
Basement 6 feet and more, With garage, electrical room, locker room, Outdoor entrance, Finished basement
Lot size 262' X 116' irr.
Lot area 22,827 ft²
Distinctive Features high visibility, with parkings, Street corner
Driveway Asphalt, Covered parking lot
Parking (total) Garage (34), Driveway (24)
Proximity Metro, Public transportation, Schools, parks, restaurants, Desjardins, shops, Highway
Heating System Electric baseboard units, Forced air
Heating Energy Natural gas, Central A/C system, Electricity
Property or unit amenity Elevator, Intercom, Alarm system, Central air conditioning, Fire detector (O), Electrical input (600, 600)
Water Supply Municipality
Sewage System Municipality

Financial details

Municipal assessment (2021)

Lot assessment
$ 954,300
Building assessment
$ 9,745,700
Total
$ 10,700,000

Taxes

School (2025)
$ 10,274
Total
$ 10,274

Inclusions

all equipment in place necessary for the proper functioning of the building

Exclusions

all equipment and furnishing effects of the tenants of the building, as well as those not installed in any vacant and/or uncompleted premises of "base building" type

Desjardins

Mortgage payment calculator

$
$
$
%

Learn more about this property's neighbourhood

The sector in a few statistics

Upgrade to business class with RE/MAX Commercial