Office building for sale of an area of 11,550 sq.ft. presently used for coworking spaces. The property is sold with all the assets of the business. The business generates constant cashflow over the years. Secure investment for the future. Perfect sector for this type of business. Following the signature of a non-disclosure agreement, we will be able to provide further information.
Sale without legal warranty of quality, at the buyer's risk and peril.
BUILDING On three levels (ground floor + 2 floors) as well as a space in the basement. Surface area details: *Basement area: 1,804 sq.ft. *Gross area on the ground floor: 3,945 sq.ft. *Gross area on 2nd floor: 3,945 sq.ft. *Gross area on 3rd floor: 1,856 sq.ft. Rental area (total): 11,550 sq.ft.
LAND Area: 4,044 sq.ft. Dimensions: 50.15 feet by 80.58 feet
RENOVATIONS AND SIGNIFICANT WORK: * Doors and windows were replaced in the mid 80s and 90s; * A large part of the exterior facing was redone in 2009; * One of the two air conditioning systems on the roof has been changed; * Much of the plumbing and electricity has been redone, the electrical panels have been replaced; * The basement slab has been redone; * Installation of a sprinkler and monitoring system for the entire building, bringing the fire protection system up to standard; * The entire building was stripped and redeveloped in 2014 with standard quality materials; * The insulation of the building has been redone; * Construction of two shower in the basement, ten bathrooms (ground floor to 3rd floor), two cafe areas, a kitchenette on the third floor with huge wooden terrace on the roof; * Installation of a telephone and internet network serving the entire building. * Part of the roof was redone in 2014 (terrace roof) and a second in 2021 (elastomeric membrane).
THE DIVISIONS OF THE BUILDING * 21 closed offices * 35 open area stations * 18 free access stations * 6 conference rooms for 4 to 10 people * 1 multifunctional room * 1 lounge area in the basement * 1 reception * 1 roof terrace * 1 large kitchen * 1 large storage space + server room, kitchenette, washer, dryer, mechanical room. * 10 toilets and shower rooms + 2 bathrooms (shower) DETAILS OF THE USE OF THE BUILDING - The ground floor consists of a reception, 6 closed conference rooms of varying size, 4 bathrooms, 2 open spaces where several workstations and a training room are located. - The second consists of 15 closed office of varying dimensions, an open space where several workstations are located, 3 bathrooms and a small coffee counter. - The third floor consists of 6 closed office spaces of varying size, a kitchenette with dining room, 3 bathrooms, a storage space and a terrace with barbecue. - The basement has a multi-functional room, 2 toilets with shower, a room with kitchenette, mechanical space and storage spaces. This information is provided to the best of our knowledge and is subject to change without notice. REMAX Pro/Commercial Inc. assumes no responsibility for any errors or omissions in its content.
This information is provided to the best of our knowledge and is subject to change without notice. REMAX Pro/Commercial Inc. assumes no responsibility for any errors or omissions in its content.
Building details and property interior
Dimensions
50' 2" X 78' 1"
Year constructed
1974
Basement
6 feet and more, Finished basement
Lot and exterior features
Lot size
50' 2" X 80' 7"
Lot area
375.70 m²
Proximity
Metro, Public transportation
Characteristics
Heating Energy
Electricity, Natural gas
Water Supply
Municipality
Sewage System
Municipality
Financial details
Municipal assessment (2023)
Lot assessment
$ 879,100
Building assessment
$ 1,571,300
Total
$ 2,450,400
Taxes
Municipal
(2024)
$ 70,555
School
(2024)
$ 2,084
Total
$ 72,639
Annual expenses
Insurance
$ 6,898
Maintenance
$ 5,750
Total
$ 12,648
Energy expenses
Electricity
$ 18,228
Gas
$ 4,186
Total
$ 22,414
Inclusions and exclusions
Inclusions
Furniture, equipment and assets of the business (Annex A)