$12,000,000 +GST/QST
ULS: 25493964
Commercial for sale - Montréal (Rosemont/La Petite-Patrie) (La Petite-Patrie)
7091 - 7111 Rue St-Hubert, Montréal (Rosemont/La Petite-Patrie) (La Petite-Patrie)
Located on a bustling shopping street in Plaza St. Hubert, this commercial building offers a highly strategic position with easy access to metro stations and public transportation. The property has been recently renovated, featuring 26 units and indoor parking, making it an attractive option for businesses. Meticulously maintained by the owner, this building generates a potential rental income of $942,520, presenting an exceptional investment opportunity for investors seeking a reliable and profitable return.
Lot area
815.90 m²
JAAF SERHAN
Real Estate Agency
RE/MAX 2000 INC.
Addendum
The building comprises 23 units.
Potential Revenue: $880,520
Expenses: $188,703
Net Revenue: $691,821
The occupancy rate is 96%.
There are two maintenance contracts: one for the HVAC units, including four annual visits, and one for the elevator, with monthly maintenance. The official environmental study of the land confirmed positive results for the building. Two complete central HVAC units on the roof were replaced in 2022. The lighting system has been upgraded to LED throughout the building, including common areas, stairwells, and 95% of the offices, which have been fully renovated. A live camera system and a main electronic entrance door with programmable remote locking and unlocking have also been installed. Thermostats allow for temperature control.
The buyer must adhere to the existing leases.
Potential Revenue: $880,520
Expenses: $188,703
Net Revenue: $691,821
The occupancy rate is 96%.
There are two maintenance contracts: one for the HVAC units, including four annual visits, and one for the elevator, with monthly maintenance. The official environmental study of the land confirmed positive results for the building. Two complete central HVAC units on the roof were replaced in 2022. The lighting system has been upgraded to LED throughout the building, including common areas, stairwells, and 95% of the offices, which have been fully renovated. A live camera system and a main electronic entrance door with programmable remote locking and unlocking have also been installed. Thermostats allow for temperature control.
The buyer must adhere to the existing leases.
Building details and property interior
Dimensions
97' 6" X 79' 11" irr.
Year constructed
1977
Siding
Aggregate, Brick
Dividing Floor
Concrete
Lot and exterior features
Lot size
97' 6" X 89' 7" irr.
Lot area
815.90 m²
Proximity
Highway, Metro, Public transportation
Characteristics
Heating Energy
Electricity
Property or unit amenity
Elevator, Central air conditioning
Water Supply
Municipality
Sewage System
Municipality
Financial details
Municipal assessment (2021)
- Lot assessment
- $ 1,221,300
- Building assessment
- $ 2,678,700
- Total
- $ 3,900,000
Taxes
- Municipal (2024)
- $ 118,625
- School (2023)
- $ 3,509
- Total
- $ 122,134
Inclusions and exclusions
Mortgage payment calculator
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