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$3,289,000
ULS: 16996834

5-6-7-Plex for sale - Montréal (Le Plateau-Mont-Royal) (Le Plateau-Mont-Royal)

3501 Rue St-Hubert, Montréal (Le Plateau-Mont-Royal) (Le Plateau-Mont-Royal)
The building is newly transformed and therefore not capped by the Régie/the TAL It is important to note that the owner is awaiting the final municipal revision . The land value entered in this entry is a reference for 2021the actual assesment, and the tax bill in this listing is 2024.
Sale without legal warranty of quality, at the buyer's risk and peril.
Living area 5,250 ft²

Property features

2 Bedrooms
2 Bathrooms

ANDRE DESBIENS

Certified Real Estate Broker, AEO

RE/MAX DU CARTIER INC.

All leases are renewed as of June 30, 2024, annualized revenue at $142,332. for Jul 2023
The site has a frontage of 27 feet (8.15 M) on rue Cherrier by a depth of 82 feet on rue Saint-Hubert, giving it an area of 2,253 square feet.
Semi-commercial building with 3 floors, corner, with basement.
The building originally built in 1951 has been renovated by the National Bank on different occasions. Major general renovations over the years. Windows 1984. Exterior doors 2011. Roof and portion of the plumbing 2011. In 2021 the building was completely renovated with the main objective of converting it into a commercial space for the counter and 5 residential units. Asbestos removed during processing; also municipal inspection following the transformation and the architect for conformity. As part of this major transformation of 2020 and 2021, the building has been reviewed in terms of plumbing, electricity, fire divisions, structure, finishes and building mechanics: Relocation of the main entrance, modification of the ground floor and the 2nd floor into apartments, remodeling of the 3rd floor apartment and construction of a terrace accessible from the 3rd floor
New Entry:
The new entrance has been moved to the center of the building on St-Hubert Street
The entrance is modern in style with a reminder of the history of the building (recovery of the door from the vault of the bank)
The floor and the steps and landings of the staircase are Granite
The entrance and the staircase enjoy excellent natural light
The access door is secured 24/7 -- System of security cameras and lights.

It is important to note that the owner is awaiting the final revision of the new financial assessment of the building and its tax bill (reference 2018). The registered property value in this listing is a reference for 2021 and tax bill is 2023
The apartments :
All apartments are equipped with an air conditioning unit
All kitchens and bathrooms are new with quartz countertops
All apartments are equipped with household appliances (stove, refrigerator and stainless steel dishwasher)
All apartments are equipped with washer-dryers (side by side or stacked depending on the apartment)

Bathroom fixtures will also be new including new vanities
Unit number 5 has two bathrooms including a full bathroom with bath-shower.
Each unit has an electric water heater in the basement located in the mechanical room.
All plumbing and drainage installations are new as well as all water supply piping
All electrical installations have also been redone and served by a new electrical entrance located in the basement
Heating is provided by new electric heaters (some will be concealed in the kickboards of the cupboards)
The lighting is LED through recessed lights, track lights and ceiling lights depending on the room.


Dimensions 26' 9" X 69' 4"
Year constructed 1951
Living area 5,250 ft²
Windows Aluminum
Lot size 26' 9" X 83' 5"
Lot area 2,253 ft²
Distinctive Features Street corner
Proximity Highway, CEGEP, Daycare centre, Hospital, Metro, Park, Bicycle path, Elementary school, High school, Public transportation, University

Unit 1 (Monthly residential revenue)

Living room
Level: 1st level/Ground floor
Dimensions: 12'10" X 10'10"
Flooring: Wood
Details: Huge window
Dining room
Level: 1st level/Ground floor
Dimensions: 12'6" X 5'2"
Flooring: Wood
Details: 1285 SQ FT
Kitchen
Level: 1st level/Ground floor
Dimensions: 14'5" X 4'0"
Flooring: Wood
Details:
Primary bedroom
Level: 1st level/Ground floor
Dimensions: 13'6" X 12'3" irr.
Flooring: Wood
Details:
Bathroom
Level: 1st level/Ground floor
Dimensions: 8'3" X 6'3"
Flooring: Ceramic
Details:
Escalier
Level: Basement 1
Dimensions: 15'2" X 10'0" irr.
Flooring: Carpet
Details:
Bedroom
Level: Basement 1
Dimensions: 20'7" X 19'2"
Flooring: Wood
Details:
Bathroom
Level: Basement 1
Dimensions: 7'6" X 4'10"
Flooring: Ceramic
Details:

Unit 2 (Monthly residential revenue)

Living room
Level: 1st level/Ground floor
Dimensions: 11'9" X 10'8"
Flooring: Wood
Details: HIGH Ceiling
Dining room
Level: 1st level/Ground floor
Dimensions: 12'3" X 9'10"
Flooring: Wood
Details: 1165 SQ Ft
Primary bedroom
Level: 1st level/Ground floor
Dimensions: 9'10" X 9'6"
Flooring: Wood
Details: Huge window
Hall
Level: 1st level/Ground floor
Dimensions: 8'1" X 4'0"
Flooring: Wood
Details:
Espace bureau
Level: 1st level/Ground floor
Dimensions: 7'5" X 6'10"
Flooring: Wood
Details:
Bathroom
Level: 1st level/Ground floor
Dimensions: 7'8" X 5'2"
Flooring: Ceramic
Details:
Escalier
Level: 1st level/Ground floor
Dimensions: 10'2" X 3'0"
Flooring: Carpet
Details:
Den
Level: Basement 1
Dimensions: 15'4" X 7'5"
Flooring: Wood
Details:
Family room
Level: Basement 1
Dimensions: 16'1" X 8'2"
Flooring: Wood
Details:
Laveuse secheuse
Level: Basement 1
Dimensions: 6'7" X 5'4"
Flooring:
Details:
Bathroom
Level: Basement 1
Dimensions: 7'8" X 4'10"
Flooring:
Details:

Unit 3 (Monthly residential revenue)

Living room
Level: 2nd level
Dimensions: 16'2" X 10'2"
Flooring: Wood
Details: corner unit
Kitchen
Level: 2nd level
Dimensions: 12'8" X 12'0"
Flooring: Wood
Details:
Primary bedroom
Level: 2nd level
Dimensions: 9'10" X 9'1"
Flooring: Wood
Details:
Hall
Level: 2nd level
Dimensions: 7'0" X 6'0" irr.
Flooring: Wood
Details:
Bathroom
Level: 2nd level
Dimensions: 7'10" X 5'5"
Flooring: Ceramic
Details:

Unit 4 (Monthly residential revenue)

Living room
Level: 2nd level
Dimensions: 12'11" X 11'0"
Flooring: Wood
Details: on corner
Dining room
Level: 2nd level
Dimensions: 12'8" X 6'7"
Flooring: Wood
Details: 530 sq ft
Kitchen
Level: 2nd level
Dimensions: 9'1" X 7'0"
Flooring: Wood
Details:
Hall
Level: 2nd level
Dimensions: 7'4" X 5'0"
Flooring: Wood
Details:
Bathroom
Level: 2nd level
Dimensions: 5'1" X 5'1"
Flooring: Ceramic
Details: shower/wa/dry
Powder room
Level: 2nd level
Dimensions: 5'7" X 4'0" irr.
Flooring: Ceramic
Details:

Unit 5 (Monthly residential revenue)

Rooms not detailed

Unit 6 (Commercial)

Rooms not detailed
Water Supply Municipality
Sewage System Municipality

Financial details

Municipal assessment (2021)

Lot assessment
$ 548,400
Building assessment
$ 1,951,600
Total
$ 2,500,000

Taxes

Municipal (2024)
$ 18,171
School (2022)
$ 2,337
Total
$ 20,508

Gross annual revenues (potential)

Residential
$ 126,012
Commercial
$ 16,320
Total
$ 142,332

Inclusions

According to the leases, all household appliances are included, also light fixtures, air conditioning wall units, air exchangers, window blinds

Exclusions

Tenants' effects and furnitures

Desjardins

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