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3850 - 3854 Rue Ontario E., Montréal (Mercier/Hochelaga-Maisonneuve), QC, H1W 1S4

MLS® # 13081841
Investment For Sale In Hochelaga-Maisonneuve, Montréal (Mercier/Hochelaga-Maisonneuve), Quebec
$2,200,000 +GST/QST
Aerial photo - 3850  - 3854 Rue Ontario E., Montréal (Mercier/Hochelaga-Maisonneuve), QC - Outdoor
Aerial photo - 3850  - 3854 Rue Ontario E., Montréal (Mercier/Hochelaga-Maisonneuve), QC - Outdoor With View
Aerial photo - 3850  - 3854 Rue Ontario E., Montréal (Mercier/Hochelaga-Maisonneuve), QC - Outdoor With View
Aerial photo - 3850  - 3854 Rue Ontario E., Montréal (Mercier/Hochelaga-Maisonneuve), QC -  Photo Showing Other Room
Aerial photo - 3850  - 3854 Rue Ontario E., Montréal (Mercier/Hochelaga-Maisonneuve), QC - Outdoor With View
Frontage - 3850  - 3854 Rue Ontario E., Montréal (Mercier/Hochelaga-Maisonneuve), QC - Outdoor
Frontage - 3850  - 3854 Rue Ontario E., Montréal (Mercier/Hochelaga-Maisonneuve), QC - Outdoor
Aerial photo - 3850  - 3854 Rue Ontario E., Montréal (Mercier/Hochelaga-Maisonneuve), QC  - Outdoor
Aerial photo - 3850  - 3854 Rue Ontario E., Montréal (Mercier/Hochelaga-Maisonneuve), QC  - Outdoor With View
Aerial photo - 3850  - 3854 Rue Ontario E., Montréal (Mercier/Hochelaga-Maisonneuve), QC  - Outdoor With View
Aerial photo - 3850  - 3854 Rue Ontario E., Montréal (Mercier/Hochelaga-Maisonneuve), QC  -  Photo Showing Other Room
Aerial photo - 3850  - 3854 Rue Ontario E., Montréal (Mercier/Hochelaga-Maisonneuve), QC - Outdoor With View
Frontage - 3850  - 3854 Rue Ontario E., Montréal (Mercier/Hochelaga-Maisonneuve), QC - Outdoor
Frontage - 3850  - 3854 Rue Ontario E., Montréal (Mercier/Hochelaga-Maisonneuve), QC - Outdoor
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3850 - 3854 Rue Ontario E., Montréal (Mercier/Hochelaga-Maisonneuve), QC, H1W 1S4
$2,200,000 +GST/QST

Property Information:

Prime property at 3850 Ontario E St. featuring Les Canailles, a popular Mediterranean restaurant covering 80% of operating expenses, offering a steady income stream. Located near Marché Metro, Pharmaprix, Desjardins Bank, and green spaces like Parc Hochelaga and Parc Saint-Aloysius. Recent upgrades include new brick walls (2019), front windows (2022), insulation in apartments, and a partially renovated roof (2019). Tenants pay their own heating and electricity, making this a low-maintenance, high-potential investment opportunity.

**For Sale: Prime Semi-Commercial Building in Hochelaga-Maisonneuve, 3850 Ontario E Street, Montreal**

We are pleased to present an outstanding investment opportunity in the vibrant Hochelaga-Maisonneuve neighborhood. This semi-commercial building, located at 3850 Ontario E Street, combines excellent residential and commercial potential, making it a valuable asset for discerning investors and business owners.

The property features a highly regarded tenant, **Les Canailles**, a well-established restaurant renowned for its Mediterranean cuisine, ensuring a reliable income stream. Covering **80% of the building's operating expenses**, this thriving establishment is a key component of the property's value.

Strategically positioned, the building is in close proximity to essential amenities, including **Marché Metro grocery store**, **Pharmaprix**, and **Desjardins Bank**. The surrounding area is complemented by green spaces such as **Parc Hochelaga** and **Parc Saint-Aloysius**, enhancing its appeal for both commercial and residential tenants.

This meticulously maintained property has seen significant improvements, including **new brick walls**, a **partially renovated roof**, **updated front windows in 2022**, and **new insulation** in both apartments. These enhancements contribute to its low maintenance needs and strong investment potential.

Don't miss the chance to acquire this prime piece of real estate in one of Montreal's most sought-after neighborhoods. Contact us today to learn more about this exceptional opportunity!

Exclusions : Tenants belongings

Building Features:

  • Water Supply: Municipality
  • Sewage System: Municipality

Potential Gross Revenue:

  • Residential: $38,340
  • Commercial: $89,400
  • Other: $6,000

Taxes:

  • Municipal Tax: $12,329
  • School Tax: $723
  • Annual Tax Amount: $13,052

Expenses:

  • Insurance: $7,082

Property Assessemnt:

  • Lot Assessment: $269,800
  • Building Assessment: $614,200
  • Total Assessment: $884,000

Property Features:

  • Built in: 1910
  • Zoning: COMM, RESI

Revenue Units:

Unit 1

Unit 2

Unit 3

Data provided by: Centris - 600 Ch Du Golf, Ile -Des -Soeurs, Quebec H3E 1A8
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved.

Sold without legal warranty of quality, at the buyer's own risk.

Location of 3850 - 3854 Rue Ontario E., Montréal (Mercier/Hochelaga-Maisonneuve), QC, H1W 1S4

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

32 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

15 storms expected in 2050

Projected Heat Risk: Moderate

32 hot days expected in 2050

50/100

Moderate

ClimateCheck®

Current data

This property, 3850 - 3854 Rue Ontario E. , experiences 7 hot days per year at around 30.9 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 32 hot days at 34.3 degrees Celsius.

Projected Avg. Temperature

Past
30.9℃
2050
34.3℃

# Hot Days Per Year

Past
7
2050
32

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

15 storms expected in 2050

74/100

Moderate-High

ClimateCheck®

Current data

This property, 3850 - 3854 Rue Ontario E. , experiences 11 significant 2-day storms per year, with about 355.9mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 15 significant 2-day storms with 464.4mm of precipitation per year.

Precipitation Per Storm

Past
355.9mm
2050
464.4mm

48-Hour Storms Per Year

Past
11
2050
15

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 3850 - 3854 Rue Ontario E., Montréal (Mercier/Hochelaga-Maisonneuve), QC, H1W 1S4

Life Stage

Young Singles

Employment Type

Service Sector

Average Household Income

$92,626.88

Average Number of Children

1.61

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

14.01 %

High school certificate or equivalent

15.86 %

Apprenticeship trade certificate/diploma

10.21 %

College/non-university certificate

19.21 %

University certificate (below bachelor)

3.93 %

University Degree

36.79 %

Commuter

Travel To Work

By Car

33.81 %

By Public Transit

45.06 %

By Walking

12.08 %

By Bicycle

7.85 %

By Other Methods

1.21 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

92.32 %

Houses

7.68 %

Own Vs. Rent