$529,000
ULS: 28928034
Co-ownership
for sale
1244Z - 1250Z 1re Avenue, Québec (La Cité-Limoilou) (Vieux Limoilou)
Commercial building including 2 dwellings of 4 1/2 nc/ne. This strategic frontage location on 1st Avenue, in the heart of Limoilou, will facilitate the success of your business. 2,160 sf lease space on the ground floor which can be available quickly. Currently rented at $3,600 per month until November 2026, it could be occupied with 45 days notice. Great business opportunity and strong development potential for your project.
Sale without legal warranty of quality, at the buyer's risk and peril.
Lot area
2,160 ft²
MICHEL BOUTET
Real Estate Broker
RE/MAX HORIZON
LOUISE BRISSON
Real Estate Broker
RE/MAX FORTIN DELAGE INC.
Addendum
- Potential income of $61,380 annually.
- The commercial premises have a lease until November 30, 2026. It is currently unoccupied and the tenant will honor his lease until expiry. The future buyer will be able to dispose of it and negotiate with this tenant to occupy it or rent it to another occupant.
- Residential leases have been renewed until June 30, 2025.
- The accommodation on the second level has a fabulous terrace allowing optimal use all year round.
- Possibility of obtaining subsidies for the repair of the front galleries of the two accommodations.
- The commercial premises have a lease until November 30, 2026. It is currently unoccupied and the tenant will honor his lease until expiry. The future buyer will be able to dispose of it and negotiate with this tenant to occupy it or rent it to another occupant.
- Residential leases have been renewed until June 30, 2025.
- The accommodation on the second level has a fabulous terrace allowing optimal use all year round.
- Possibility of obtaining subsidies for the repair of the front galleries of the two accommodations.
Building details and property interior
Year constructed
1927
Living area
4,252 ft²
Windows
Aluminum, Wood, PVC
Siding
Other, Wood, Brick
Roofing
Elastomeric membrane
Lot and exterior features
Lot area
2,160 ft²
Characteristics
Heating System
Electric baseboard units
Heating Energy
Electricity
Property or unit amenity
Other
Water Supply
Municipality
Sewage System
Municipality
Financial details
Municipal assessment (2024)
- Lot assessment
- $ 124,000
- Building assessment
- $ 276,000
- Total
- $ 400,000
Taxes
- Municipal (2024)
- $ 12,625
- School (2024)
- $ 374
- Total
- $ 12,999
Annual expenses
- Insurance
- $ 5,275
- Maintenance
- $ 3,000
- Condominium fees
- $ 0
- Total
- $ 8,275
Inclusions and exclusions
Inclusions
Lighting
Exclusions
Personal belongings of tenants. The shed on the 2nd level terrace belongs to the tenant.
Mortgage payment calculator
$
$
$
%
Learn more about this property's neighbourhood
The sector in a few statistics
