$2,250,000 +GST/QST
ULS: 11209172
Co-ownership for sale - Montréal (Villeray/Saint-Michel/Parc-Extension) (Villeray)
8585 Boul. St-Laurent app. 300-320, Montréal (Villeray/Saint-Michel/Parc-Extension) (Villeray)
This property offers an excellent investment opportunity with a potential gross revenue of $171,909 annually. Currently, the offices are occupied by tenants, ensuring immediate rental income for the future owner. Whether you're looking to diversify your real estate portfolio or acquire a valuable asset, this space could be the perfect addition. Don't miss out on the chance to add this prime office building to your investment portfolio!
Sale without legal warranty of quality, at the buyer's risk and peril.
GIOVANNI FRENDA
Residential and Commercial Real Estate Broker
RE/MAX EXCELLENCE INC.
Addendum
Welcome to 8585 Boulevard Saint-Laurent, Unit 300, in the vibrant Villeray neighbourhood of Montreal.
This exceptional commercial condo boasts approximately 6,000 square feet of meticulously designed office space.
Currently home to Agence Rinaldi, one of the largest offices on the floor, this space is truly impressive. You will discover two elegantly appointed conference rooms that are perfect for everything from intimate meetings to larger conferences and team gatherings.
In addition to these conference facilities, the office includes a variety of individual offices, a collaborative workspace, and a stylish kitchenette designed to foster a dynamic and engaging work environment. This is more than just an office; it's a space crafted for the growth and success of a vibrant team.
The property also features five additional individual offices, currently leased to top professionals, along with shared common areas and kitchen facilities, enhancing the collaborative atmosphere.
For added convenience, this commercial condo includes 10 exterior parking spots, ensuring easy access for you and your clients.
Lease details - (6) OFFICES - GROSS LEASES:
300 (AGENCE RINALDI) - GROSS LEASE - 4,829 SQFT
$9,250.75 + TPS/TVQ per month, lease ends December 31, 2027.
Early occupancy is a possibility.
310 (FONDATION EN COEUR) - GROSS LEASE - 1200 SQFT
$2700.00 + TPS/TVQ per month, lease ends July 31, 2027
320-A (PRESIDENT'S OFFICE) - AVAILABLE FOR OCCUPANCY - 140 SQFT
INCLUDED WITH (300) AGENCE RINALDI LEASE, lease ends December 31, 2027.
Early occupancy is a possibility.
320-B (PSYCHOLOGIST) - GROSS LEASE - 140 SQFT
$650.00 + TPS/TVQ per month, lease ends OCTOBER 31, 2025
320-C (JEAN FORTIN DEBT COUNSELLOR) - GROSS LEASE - 140 SQFT
$775.00 + TPS/TVQ per month, lease ends November 30, 2026
320-D (VACANT) - GROSS LEASE - 200 SQFT
RENTAL VALUE: $950.00 + TPS/TVQ per month
This property offers an excellent investment opportunity with a potential gross revenue of $171,909 annually. Currently, the offices are occupied by tenants, ensuring immediate rental income for the future owner. Whether you're looking to diversify your real estate portfolio or acquire a valuable asset, this space could be the perfect addition. Don't miss out on the chance to add this prime office building to your investment portfolio!
Take note that there is sales tax - GST + QST which applies to the property at the time of sale.
This exceptional commercial condo boasts approximately 6,000 square feet of meticulously designed office space.
Currently home to Agence Rinaldi, one of the largest offices on the floor, this space is truly impressive. You will discover two elegantly appointed conference rooms that are perfect for everything from intimate meetings to larger conferences and team gatherings.
In addition to these conference facilities, the office includes a variety of individual offices, a collaborative workspace, and a stylish kitchenette designed to foster a dynamic and engaging work environment. This is more than just an office; it's a space crafted for the growth and success of a vibrant team.
The property also features five additional individual offices, currently leased to top professionals, along with shared common areas and kitchen facilities, enhancing the collaborative atmosphere.
For added convenience, this commercial condo includes 10 exterior parking spots, ensuring easy access for you and your clients.
Lease details - (6) OFFICES - GROSS LEASES:
300 (AGENCE RINALDI) - GROSS LEASE - 4,829 SQFT
$9,250.75 + TPS/TVQ per month, lease ends December 31, 2027.
Early occupancy is a possibility.
310 (FONDATION EN COEUR) - GROSS LEASE - 1200 SQFT
$2700.00 + TPS/TVQ per month, lease ends July 31, 2027
320-A (PRESIDENT'S OFFICE) - AVAILABLE FOR OCCUPANCY - 140 SQFT
INCLUDED WITH (300) AGENCE RINALDI LEASE, lease ends December 31, 2027.
Early occupancy is a possibility.
320-B (PSYCHOLOGIST) - GROSS LEASE - 140 SQFT
$650.00 + TPS/TVQ per month, lease ends OCTOBER 31, 2025
320-C (JEAN FORTIN DEBT COUNSELLOR) - GROSS LEASE - 140 SQFT
$775.00 + TPS/TVQ per month, lease ends November 30, 2026
320-D (VACANT) - GROSS LEASE - 200 SQFT
RENTAL VALUE: $950.00 + TPS/TVQ per month
This property offers an excellent investment opportunity with a potential gross revenue of $171,909 annually. Currently, the offices are occupied by tenants, ensuring immediate rental income for the future owner. Whether you're looking to diversify your real estate portfolio or acquire a valuable asset, this space could be the perfect addition. Don't miss out on the chance to add this prime office building to your investment portfolio!
Take note that there is sales tax - GST + QST which applies to the property at the time of sale.
Building details and property interior
Year constructed
1956
Living area
5,949 ft²
Lot and exterior features
Parking (total)
Driveway (10)
Proximity
Highway, Metro, Public transportation
Characteristics
Heating System
Forced air
Heating Energy
Electricity
Property or unit amenity
Central air conditioning, Fire detector (O), Elevator, Alarm system, Central heat pump, Intercom
Water Supply
Municipality
Sewage System
Municipality
Financial details
Municipal assessment (2024)
- Lot assessment
- $ 379,800
- Building assessment
- $ 842,900
- Total
- $ 1,222,700
Taxes
- Municipal (2024)
- $ 31,674
- School (2024)
- $ 1,011
- Total
- $ 32,685
Annual expenses
- Insurance
- $ 3,400
- Condominium fees
- $ 18,420
- Total
- $ 21,820
Energy expenses
- Electricity
- $ 10,000
- Total
- $ 10,000
Inclusions and exclusions
Inclusions
AGENCE RINALDI - Five bar stools, appliances (Fridge and Dishwasher) Kitchenette (320) - Table and FOUR chairs, fridge
Exclusions
All equipment pertaining to AGENCE RINALDI (MOVABLE OR IMMOVABLE) including televisions, computers and electronic systems, All furniture as per desks, chairs, conference tables.
Mortgage payment calculator
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