3850 - 3854 Rue Ontario E., Montréal (Mercier/Hochelaga-Maisonneuve), QC, H1W 1S4
$2,200,000 +GST/QSTMLS® # 13081841
Investment For Sale In Hochelaga-Maisonneuve, Montréal (Mercier/Hochelaga-Maisonneuve), Quebec
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
Property Assessment:
- Lot Assessment: $269,800
- Building Assessment: $614,200
- Total Assessment: $884,000
Property Features:
- Built in: 1910
- Zoning: COMM, RESI
Revenue Units:
Courtesy of: Royal LePage Humania Centre
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.
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