$2,800,000 +GST/QST
ULS: 9179372
5-6-7-Plex
for sale
1001 - 1003 Boul. St-Joseph E., Montréal (Le Plateau-Mont-Royal) (Le Plateau-Mont-Royal)
SUMPTUOUS QUINTUPLEX IN THE COVETED PETIT LAURIER. Majestic 32.5-foot façade. Profusion of natural light: semi-detached building + windows on 3 sides. For investors or owner-occupier. Well-maintained building over the years. High rental income. Spacious and bright apartments. Vast ground floor available to the buyer. Preserved architectural elements: moldings, stained glass, ceiling medallions and hardwood floors. Private balconies. Basement. Garage. An ideal location in the Petit Laurier: within walking distance of the Laurier metro, Sir-Wilfrid-Laurier Park and the district's best gourmet addresses. Don't miss this golden opportunity.
Property features
2
Bedrooms
1
Bathroom
YANICK E SARRAZIN
Certified Real Estate Broker, AEO
Addendum
The residential use of the building represents SIXTY percent (60%) of the value of the building, and the commercial use represents FORTY percent (40%) of the value of the building.
Consequently, the building is taxable on the 40% of the building.
The 4 residential units are all rented.
The ground floor clinic has an estimated gross floor area of 2,480sq.ft. on the ground floor and 1,200sq.ft. in the basement.
Commercial:
This is a 3-year lease commencing October 1, 2024 and ending September 30, 2027.
Thereafter, Declick has the option to renew this lease 2 consecutive times for a 3-year term. The 1st option will run from October 1, 2027 to September 30, 2030, while the second option will run from October 1, 2030 to September 30, 2033.
The base rent is $3367 per month and does not include the building's commercial taxes, which are paid 100% by the tenant (the Déclick).
As of October 1, 2024, the tenant also pays the business tax of $2002.05 per month.
In January 2025, the City increased business taxes by $156.28 per month, and the lessee has agreed to pay this increase in full, as stipulated in the contract, starting in January 2025.
Each year, starting October 1, we have the right to increase the monthly base rent by between 2% and 5%.
Consequently, the building is taxable on the 40% of the building.
The 4 residential units are all rented.
The ground floor clinic has an estimated gross floor area of 2,480sq.ft. on the ground floor and 1,200sq.ft. in the basement.
Commercial:
This is a 3-year lease commencing October 1, 2024 and ending September 30, 2027.
Thereafter, Declick has the option to renew this lease 2 consecutive times for a 3-year term. The 1st option will run from October 1, 2027 to September 30, 2030, while the second option will run from October 1, 2030 to September 30, 2033.
The base rent is $3367 per month and does not include the building's commercial taxes, which are paid 100% by the tenant (the Déclick).
As of October 1, 2024, the tenant also pays the business tax of $2002.05 per month.
In January 2025, the City increased business taxes by $156.28 per month, and the lessee has agreed to pay this increase in full, as stipulated in the contract, starting in January 2025.
Each year, starting October 1, we have the right to increase the monthly base rent by between 2% and 5%.
Building details and property interior
Dimensions
32' 5" X 70' irr.
Year constructed
1930
Lot and exterior features
Lot size
32' 5" X 100'
Parking (total)
Garage (1)
Proximity
Hospital, Metro, Park, Daycare centre, Elementary school, High school, Public transportation, Bicycle path
Room details
Unit 1 (Monthly residential revenue)
Living room
Level:
2nd level
Dimensions:
14'2" X 10'3"
Flooring:
Wood
Details:
Dining room
Level:
2nd level
Dimensions:
13'1" X 11'7"
Flooring:
Wood
Details:
Kitchen
Level:
2nd level
Dimensions:
11'8" X 13'4"
Flooring:
Ceramic
Details:
Bedroom
Level:
2nd level
Dimensions:
8'3" X 9'8"
Flooring:
Wood
Details:
Bathroom
Level:
2nd level
Dimensions:
7'9" X 5'2"
Flooring:
Ceramic
Details:
Bedroom
Level:
2nd level
Dimensions:
11'7" X 12'4"
Flooring:
Wood
Details:
Unit 2 (Monthly residential revenue)
Rooms not detailed
Unit 3 (Monthly residential revenue)
Rooms not detailed
Unit 4 (Monthly residential revenue)
Living room
Level:
3rd level
Dimensions:
12'5" X 13'5"
Flooring:
Wood
Details:
double room/window side
Office
Level:
3rd level
Dimensions:
11'2" X 11'9"
Flooring:
Wood
Details:
double room/no window
Kitchen
Level:
3rd level
Dimensions:
12'8" X 12'3"
Flooring:
Ceramic
Details:
Bedroom
Level:
3rd level
Dimensions:
9'6" X 8'8"
Flooring:
Wood
Details:
Bathroom
Level:
3rd level
Dimensions:
7'8" X 6'0"
Flooring:
Ceramic
Details:
Bedroom
Level:
3rd level
Dimensions:
13'1" X 11'7"
Flooring:
Wood
Details:
Unit 5 (Commercial)
Rooms not detailed
Characteristics
Rented Equipment (monthly)
Water heater (5, 45)
Water Supply
Municipality
Sewage System
Municipality
Financial details
Municipal assessment (2025)
- Lot assessment
- $ 739,700
- Building assessment
- $ 1,771,300
- Total
- $ 2,511,000
Taxes
- Municipal (2025)
- $ 36,184
- School (2024)
- $ 2,085
- Total
- $ 38,269
Gross annual revenues (potential)
- Residential
- $ 87,072
- Commercial
- $ 40,404
- Total
- $ 127,476
Inclusions and exclusions
Inclusions
1003 (clinic): Fixtures 1001 #1: Fixtures 1001 #2: Fixtures 1001 #3: Fixtures 1001 #4: Fixtures
Exclusions
1003 (clinic): 1001 #1: Tenants' furniture and personal effects. 1001 #2: Tenants' furniture and personal effects. 1001 #3: Tenants' furniture and personal effects. 1001 #4: Furniture and personal effects of tenants.
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