815-819 Av. du Mont-Royal E.,
Le Plateau-Mont-Royal (Montréal)
$1 075 000 +tx
- 3660sq. ft.
- 2070sq. ft.
Sold without legal warranty of quality, at the buyer's own risks.
PRIME LOCATION ON THE MONT-ROYAL AVENUE
- 2 minutes walk from the Mont-Royal metro station. - Very rare opportunity for any AAA merchants or any prudent investor. - In the most wanted area of the Plateau; the heart of the pedestrian traffic.
ON THE GROUND FLOOR (2 COMMERCIAL STORES) Leases ending on March 31, 2019 and the other on April 30, 2019. *** No additional renewal options *** Commercial rents: $1,750 + $1,450 = $3,200 per month = $38,400 per year.
ON 2nd AND 3rd FLOORS (1 RESIDENTIAL APARTMENT ON 2 FLOORS) Lease ending July 31, 2019. The tenant enjoys a 9 ½ and a large front terrace, as well as 2 rear terraces. On the 2nd floor, you will find high ceilings, and large rooms, double living room, dining room, kitchen, bathroom, and on the 3rd floor, 5 bedrooms and a bathroom. Residential rent: $1,100 per month = $13,200 per year.
Total annual rental gross income: $38,400 + $13,200 = $51,600 per year.
A perfect location for AAA merchants and a great investment.
N.B. The front balcony of the 3rd floor will be redone before signing the deed of sale.
*** The total usable area of 3660 square feet building and the 2070 square feet lot comes from the data of the Montreal City assessment sheet. A new certificate of location will be ordered shortly. ***
- Servitude of view registered under the inscription number 4 228 594. - Notice of inscription in a protected area of a cultural property under the inscription number 3 456 686.