Building comprising 5 residential units, 3 of which have private terraces, a 2400 square feet commercial space, a double garage, and 12 interior storage spaces. Here is a unique property, exceptionally well-maintained with high-quality tenants, located in the heart of Plateau Mont-Royal, just steps away from the famous Parc Lafontaine, public swimming pool, and Mont-Royal Avenue with its bistros and cafes. Gross annual income of $213,385.
In the heart of the PLATEAU! UNIQUE! Prime Location! Building on a street corner. Here is a unique property located in the heart of Plateau Mont-Royal! A safe investment! Current gross annual income of $213,850.
This property features a commercial space on the ground floor, occupied by a Massage Therapy Centre, as well as 5 superb apartments of various sizes, all well-appointed. Three units have their own private outdoor terraces. The apartments were renovated a few years ago.
Note the large double garage and the finished basement, with a height of over 7 feet, fully organized into 12 storage spaces. The garage is located at the back of the building, overlooking Courville Street.
The building is surrounded by three streets: Marie-Anne, Marquette, and Courville. Just a few minutes' walk from Parc Lafontaine, Bain Lévesque, Avenue du Mont-Royal, and all its cafes and restaurants.
Unit descriptions:
1600 A) Guaranteed favorite: Beautiful and rare large 5.5-room open concept with a wide central skylight to ensure natural light in the apartment, plus a huge rooftop terrace. Very rare on the Plateau.
1600 B) Very nice 3 ½ apartment, renovated with large windows to maximize brightness, overlooking Marie-Anne Street. Private rooftop terrace.
1600 C) Apartment 3 ½ from 1600A. Nicely appointed.
4340 - Large 3 ½ overlooking Marquette Street with a beautiful private rooftop terrace.
4344 - Spacious 4 ½ modern open concept overlooking Marquette Street. Unit with 2 full bathrooms. The master bedroom has its own private bathroom!
Commercial section: The monthly income from the business is $6,143.92, including shares of property tax and school tax, totaling $73,727.04 per year. The amount of business taxes assumed by the commercial tenant for 2024 is $15,348.19. Stable business with a lease ending in 2029, renewable.
Possibility of vendor financing.
Selling price: GST/QST taxes are applicable only on the percentage of the area occupied by the commercial portion. Please contact us for details.
POSSIBLE MORTGAGE ASSUMPTION at a rate of 3.69%.
Building details and property interior
Dimensions
51' X 100' 8" irr.
Year constructed
1937
Windows
PVC
Window Type
French door, Guillotine
Siding
Brick
Roofing
Elastomeric membrane
Garage
Tandem, Built-in
Kitchen Cabinets
Melamine
Basement
Outdoor entrance, Partially finished, Lockers, 6 feet and more
Renovations
Roof covering (2018, 40958)
Lot and exterior features
Lot size
51' X 100' 8" irr.
Lot area
476.70 m²
Distinctive Features
Back alley, Street corner
Parking (total)
Garage (2)
Proximity
Daycare centre, Hospital, Metro, Park, Bicycle path, Elementary school, High school, Public transportation, Municipal pool