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$2,199,999
ULS: 16592141

Triplex for sale - Montréal (Le Plateau-Mont-Royal) (Mile-End)

278 - 282 Av. Laurier O., Montréal (Le Plateau-Mont-Royal) (Mile-End)
Huge investment opportunity. Prestigious historical building located on the beautiful Avenue Laurier Ouest.The building has a commercial ground floor occupied by La Taverne du Pelican. This trendy Taverne has been occupying the space since 2017. The second and third floors are residential units. With 4 and 5 bedrooms, they offer huge surface area with completely renovated kitchens. The style and uniqueness of this historic building has been kept on the interior finishing and enhanced with modern accents. The two dwellings have just renewed their leases until June 2025.This building has been maintained with care by its owners.
Sale without legal warranty of quality, at the buyer's risk and peril.

Property features

4 Bedrooms
1 Bathroom

OLIVIER BENCHETRIT

Residential and Commercial Real Estate Broker

RE/MAX 3000 INC.

Huge investment opportunity.
Prestigious historical building located on the beautiful Avenue Laurier Ouest .
The building has a commercial ground floor occupied by La Taverne du Pelican . This trendy Taverne has been occupying the
space since 2017.
The second and third floors are residential units. With 4 and 5 bedrooms, they offer huge surface area with completely
renovated kitchens. The style and uniqueness of this historic building has been kept on the interior finishing and enhanced
with modern accents.
The two dwellings have just renewed their leases until June 2025.
This building has been maintained with care by its owners. All of the important points have been redone throughout the years.
Roof and roof ventilation in 2020, the East wall covering in 2019, the third-floor boiler furnace in 2020 as well as both laundry rooms and kitchens in 2021.

The commercial pays for 40% of the municipal and school taxes.

The sale is subject to GST and QST on the commercial portion of the property.
Dimensions 90' 8" X 25' 5" irr.
Year constructed 1911
Roofing Elastomeric membrane
Renovations Heating (2020), Kitchen (2021), Roof covering (2020)
Lot size 90' 8" X 25' 5"
Lot area 210.80 m²
Heating System Hot water
Heating Energy Electricity
Water Supply Municipality
Sewage System Municipality

Financial details

Municipal assessment (2021)

Lot assessment
$ 507,000
Building assessment
$ 1,013,200
Total
$ 1,520,200

Taxes

Municipal (2024)
$ 20,736
School (2024)
$ 1,210
Total
$ 21,946

Annual expenses

Insurance
$ 7,224
Recovery of expenses
$ -8,778
Total
$ -1,554

Gross annual revenues (potential)

Residential
$ 87,000
Commercial
$ 67,128
Total
$ 154,128

Inclusions

All furniture of the residential units: window dressing, light fixtures, 2 washers, 2 dryers, 2 fridges, 2 stoves, 2 dishwashers and all decorative items of apt 280-282

Exclusions

All personal effects of the tenants

Desjardins

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