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$1,680,000 +GST/QST
ULS: 9406486

Quadruplex for sale - Montréal (Montréal-Nord)

11624 - 11626 Av. L'Archevêque, Montréal (Montréal-Nord)
EXCELLENT INVESTMENT/COMMERCIAL/RESIDENTIAL! Large, well-located building with recent renovations! This plex includes 2 commercial premises on the ground floor, one of which is available immediately! A commercial space in the basement and a large residential unit on the 2nd floor that may be available to the BUYER. Very important: The city may authorize expansion of the 2nd floor and subdivision of this unit into several residential units. Ask about it! THE INCOMPARABLE OUT OF CATEGORY! Perfect for YOU large-scale entrepreneurs who want to combine SUCCESS/ACCESSIBILITY/QUALITY. This versatile 4 plex is available now!
Sale without legal warranty of quality, at the buyer's risk and peril.

Property features

4 Bedrooms
1 Bathroom
1 Powder room

DANIEL MAYER

Certified Real Estate Broker, AEO

RE/MAX SIGNATURE INC.

FRANCE MAYER

Certified Real Estate Broker, AEO

RE/MAX SIGNATURE INC.

Description of the current building:


APARTMENT FLOOR

11626 Av. L'ARCHEVÊQUE

Huge residential DWELLING: Approximate living area of + 2,000 sq. ft.
(no lease and currently occupied by SELLER).
Wood floors.
Total of 4 bedrooms, the master of which is over 15' x 31', WALK-IN closet.
Balcony.
1 bathroom with ceramic shower and glass door.
1 powder room.
Private rooftop terrace accessible from inside and with exterior access via serpentine staircase located on the side of the alley at the rear of the building.
**For residential occupancy**
Expansion option!
Subdivision option!
Increased income potential!

* Subject to approval by the appropriate authorities and verification by the BUYER.
(see listing broker for more information).

** Rental potential of over $3,000/month
(the owner currently lives upstairs and may consider a 2-year lease).


GROUND-FLOOR BUSINESS

11626 Av. L'ARCHEVÊQUE

Currently used as a BEAUTY salon.
Lease in force until January 31, 2027 with option to renew (2 x ).

PREMISES: VACANT ON FIRST FLOOR
4821 Henri Bourassa est. corner l'ARCHEVÊQUE
Area: + 1,500 sq. ft. approximate size: 45p x 35 p. irr.
Clear height; 11' ceiling.
ANNOUNCEMENT FOR RENT: $2,800 / month and available immediately.
Front main entrance doors will be installed soon.


BASEMENT USE

11624A
The commercial premises in the basement are currently occupied by the SELLER
(retail clothing business).
Possible occupancy by BUYER or owner may consider signing a 2-year lease.
* Rental potential of over $2,000/month.



OUR PLUSES AND ASSETS
According to SELLER'S statement

Major investments/renovations/additions/maintenance:
Brick cladding: $ 76,000
Roof sheathing: $ 40,000
Door/Fenestration/Balcony Replacement: $23,000
General commercial renovation: $20,000
Dimensions 85' 4" X 42' 8" irr.
Year constructed 1956
Windows Aluminum
Siding Other, Brick, Stucco
Roofing Elastomeric membrane
Dividing Floor Wood
Basement Finished basement, 6 feet and more
Renovations Roof covering (2023, 40000), Other (2024, 76000), Fenestration (2024, 23000)
Lot size 85' 4" X 42' 8" irr.
Lot area 332.40 m²
Proximity Public transportation

Unit 1 (Monthly residential revenue)

Primary bedroom
Level: 2nd level
Dimensions: 15'2" X 31'0" irr.
Flooring: Tiles
Details:
Bedroom
Level: 2nd level
Dimensions: 14'0" X 13'0" irr.
Flooring:
Details:
Bedroom
Level: 2nd level
Dimensions: 14'0" X 15'0" irr.
Flooring:
Details:
Bedroom
Level: 2nd level
Dimensions: 9'0" X 10'0" irr.
Flooring:
Details:

Unit 2 (Commercial)

Rooms not detailed

Unit 3 (Commercial)

Rooms not detailed

Unit 4 (Commercial)

Rooms not detailed
Heating System Forced air, Hot water, Electric baseboard units
Heating Energy Natural gas
Property or unit amenity Signs allowed
Water Supply Municipality
Sewage System Municipality
Occupancy Triple

Financial details

Municipal assessment (2024)

Lot assessment
$ 151,600
Building assessment
$ 446,200
Total
$ 597,800

Taxes

Municipal (2024)
$ 11,043
School (2024)
$ 490
Total
$ 11,533

Annual expenses

Insurance
$ 6,000
Total
$ 6,000

Energy expenses

Electricity
$ 600
Gas
$ 4,000
Total
$ 4,600

Gross annual revenues (potential)

Residential
$ 36,000
Commercial
$ 96,000
Total
$ 132,000

Inclusions

New floating floors will be installed in the secondary bedrooms on the 2nd floor, and a new balcony will be installed in mid-November.

Exclusions

Tenants' property

Desjardins

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