Investment For Sale In Hochelaga-Maisonneuve, Montréal (Mercier/Hochelaga-Maisonneuve), Quebec
$599,000 +GST/QST-
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Property Information:
This triplex located on Sainte-Catherine Street combines both commercial and residential income. With its convenience store on the ground floor and two apartments on the 2nd and 3rd floors, this property is a perfect business opportunity for investors. The commercial space includes a large storage area in the basement with ceilings over 7 feet high, while the two apartments each offer 3 bedrooms, hardwood floors, and 9-foot ceilings. The building has recently undergone major renovations: a complete roof, facade, and window overhaul in 2022, and the rear terrace was redone in 2023. A must-see!
This triplex combines both residential and commercial spaces, offering a unique opportunity for investors. Located in a dynamic neighborhood, this property includes a convenience store and two apartments. Here is a detailed overview of its features:
** COMMERCIAL SPACE
The commercial space is currently used as a convenience store and has a lease of $1,040 per month until July 31, 2025. It also includes a large storage basement with ceilings over 7 feet, providing practical and functional space for storage. Possibility of parking two cars at the rear of the building.
** APARTMENT 3993 (2nd floor)
This apartment is rented for $1,050 per month until June 30, 2025, with a long-term tenant of over 20 years. It offers 3 bedrooms, one of which is located in a double living room. The large dining room, adjacent to the kitchen, is currently used as a living room and includes washer-dryer hookups. The apartment features hardwood floors, 9-foot ceilings, an enormous rear balcony (25 x 18 feet), and an outdoor storage space.
** APARTMENT 3995 (3rd floor)
This apartment is rented for $1,280 per month until June 30, 2025. It includes 3 bedrooms, one of which is located in a double living room. The large dining room includes washer-dryer hookups. The apartment also offers hardwood floors, 9-foot ceilings, a private balcony, and an outdoor storage space.
ADDITIONAL INFORMATION:
Renovations:
- Replacement of the front door (invoice not found, 2021)
- Complete renovation of the façade and windows (2022)
- Complete roof renovation (2022)
- Basement furnace repair (invoice not found, 2022)
- Renovation of the rear terrace (invoice not found, 2022)
***The commercial space area (1,695 sq. ft. / 158 m²) corresponds to the building's ground-floor area as per the certificate of location.
LOCATION: Ideally located! Walk Score 95 and Bike Score 99
* Nearby parks: Saint-Aloysius Park, Morgan Park, Wolfred-Nelson Dog Park
* Close to shopping, educational, healthcare, and recreational services
* Just a few minutes' walk from Maisonneuve Market
* Close to services and amenities on Sainte-Catherine and Ontario Streets (grocery stores, pharmacies, ATMs, parks, restaurants/cafés/bistros, trendy spots, SAQ, CLSC, etc.)
* Other nearby attractions: Botanical Garden, Maisonneuve Park, Olympic Park, Saputo Stadium, StarCité Cinema, Pro-Gym, etc.
TRANSPORTATION -- EASY WITH MULTIPLE OPTIONS
* Less than a 25-minute walk to Joliette metro station
* Close to several bus lines (34, 139, 125, 353, 439, 355)
* Just a short bike ride to bike paths
* Quick access to major roadways (720, 40, 25), Jacques-Cartier Bridge, L-H Tunnel
* Nearby BIXI and Communauto stations
Inclusions: 3 water heaters
Building Features:
- Style: Triplex
- Basement: Unfinished
- Dividing Floor: Wood
- Driveway: Unpaved
- Floor Covering: Concrete, Wood, Ceramic
- Foundation: Poured concrete
- Parking: Driveway
- Proximity: Highway, CEGEP, Daycare centre, Hospital, Metro, Park, Bicycle path, Elementary school, High school, Public transportation, University
- Roofing: Elastomeric membrane
- Siding: Brick
- Size: 7.62 x 20.67 METRE
- Topography: Flat
- Washer/Dryer (installation): Dining room (2nd and 3d floor)
- Window Type: Guillotine
- Windows: PVC
- Heating System: Electric baseboard units
- Heating Energy: Electricity
- Water Supply: Municipality
- Sewage System: Municipality
Potential Gross Revenue:
- Residential: $27,960
- Commercial: $12,480
Taxes:
- Municipal Tax: $7,015
- School Tax: $400
- Annual Tax Amount: $7,415
Expenses:
- Insurance: $4,215
Property Assessemnt:
- Lot Assessment: $190,100
- Building Assessment: $306,500
- Total Assessment: $496,600
Property Features:
- Bedrooms: 3
- Bathrooms: 1
- Built in: 1925
- Irregular: Yes
- Lot Depth: 27.53 Metre
- Lot Frontage: 7.62 Metre
- Lot Size: 211.20 Square Metres
- Zoning: COMM, RESI
- No. of Parking Spaces: 2
Revenue Units:
Unit 1
- Pieces 5
- Bedrooms 3
- Baths 1
Rooms:
- Bedroom 2nd Level 3.58 m x 3.58 m 11.9 ft x 11.9 ft Flooring: Wood
- Bedroom 2nd Level 3.71 m x 4.52 m 12.2 ft x 14.10 ft Flooring: Wood Note: Double room
- Living 2nd Level 3.48 m x 3.71 m 11.5 ft x 12.2 ft Flooring: Wood Note: Double room
- Bedroom 2nd Level 3.71 m x 3.86 m 12.2 ft x 12.8 ft Flooring: Wood
- Dining 2nd Level 3.38 m x 3.81 m 11.1 ft x 12.6 ft Flooring: Wood
- Kitchen 2nd Level 3.61 m x 3.66 m 11.10 ft x 12.0 ft Flooring: Wood
- Bathroom 2nd Level 1.75 m x 2.39 m 5.9 ft x 7.10 ft Flooring: Ceramic
Unit 2
- Pieces 5
- Bedrooms 3
- Baths 1
Rooms:
- Foyer 3rd Level 2.41 m x 3.40 m 7.11 ft x 11.2 ft
- Bedroom 3rd Level 3.58 m x 3.58 m 11.9 ft x 11.9 ft Flooring: Wood
- Living 3rd Level 3.71 m x 4.52 m 12.2 ft x 14.10 ft Flooring: Wood Note: Double room
- Bedroom 3rd Level 3.48 m x 3.71 m 11.5 ft x 12.2 ft Flooring: Wood Note: Double room
- Bedroom 3rd Level 3.71 m x 3.86 m 12.2 ft x 12.8 ft Flooring: Wood
- Dining 3rd Level 3.38 m x 3.81 m 11.1 ft x 12.6 ft Flooring: Wood
- Kitchen 3rd Level 3.38 m x 3.66 m 11.1 ft x 12 ft Flooring: Wood
- Bathroom 3rd Level 1.75 m x 2.39 m 5.9 ft x 7.10 ft Flooring: Ceramic
Unit 3
Rooms:
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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.