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. - Neighbor of Rudsak, Multimags, Les Chocolats Favoris, Première Moisson, Pharmacie Jean-Coutu, Café Starbucks, etc.
The both commercial local could be available on spring 2019.
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 OF 2000 SQ FT) Lease ending July 31, 2018. 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: $1,200 per month = $14,400 per year.
Total annual rental gross income: $38,400 + $14,400 = $52,800 per year.
A perfect location for AAA merchants and a great investment.
N.B. New front balcony of the 3rd floor.
*** 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. ***
- 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.