$4,350,000 +GST/QST
ULS: 13030650
8-15-Plex for sale - Montréal (Ville-Marie) (Mille Carré Doré)
1226 - 1228 Rue Drummond, Montréal (Ville-Marie) (Mille Carré Doré)
Building located in the heart of downtown, between Ste-Catherine Street and René-Lévesque Blvd. Exceptional, if not a dream location for a potential real estate development, a retrofit as a medical clinic, hotel, small office tower, etc. Otherwise, the land is worth its weight in gold to do whatever you want... Across from the Sheraton Hotel and just a few steps from the Queen Elizabeth Hotel and all the downtown office towers. Huge foot traffic 12 months a year. Hot water and heating are at the tenants' expense.
Sale without legal warranty of quality, at the buyer's risk and peril.
ALBERT SAYEGH
Certified real estate broker
RE/MAX DU CARTIER INC.
ANTONINA CRECCO
Real Estate Broker
RE/MAX DU CARTIER INC.
Addendum
- GST and QST are applicable only on the ground floor commercial portion of the building.
Building details and property interior
Dimensions
22' 11" X 124' 4" irr.
Year constructed
Unknown
Lot and exterior features
Lot area
264.40 m²
Proximity
Highway, CEGEP, Hospital, Metro, Park, Bicycle path, Commuter train, Public transportation, University
Characteristics
Heating System
Electric baseboard units
Heating Energy
Electricity
Water Supply
Municipality
Sewage System
Municipality
Financial details
Municipal assessment (2024)
- Lot assessment
- $ 1,242,700
- Building assessment
- $ 910,300
- Total
- $ 2,153,000
Taxes
- Municipal (2024)
- $ 30,959
- School (2024)
- $ 2,004
- Total
- $ 32,963
Annual expenses
- Insurance
- $ 18,170
- Total
- $ 18,170
Gross annual revenues (potential)
- Residential
- $ 185,000
- Commercial
- $ 120,000
- Other
- $ 3,600
- Total
- $ 308,600
Inclusions and exclusions
Inclusions
8 fridges and 8 stoves in the 8 apartments + all the appliances located in the ground floor restaurant + 1 commercial washer and 1 commercial dryer. All these items are sold "as is" without the legal warranty of quality.
Mortgage payment calculator
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