$1,600,000 +GST/QST

Investment For Sale In Parc-Extension, Montréal (Villeray/Saint-Michel/Parc-Extension), Quebec

$1,600,000 +GST/QST

Property Information:

**Prime Investment Opportunity** Commercial /residential building on a prominent corner lot in a sought-after neighbourhood. This property features a versatile ground-floor commercial space and six well-maintained residential units (1 x 3½ and 5 x 4½), offering excellent income potential. Ideally located near public transit, Rockland Center, Marché Central, and major highways (40 & 15), with easy access to shopping, dining, and other amenities. The property's strategic location ensures high demand for both residential and commercial tenants. A turnkey investment in a thriving area don't miss this opportunity to grow your portfolio!

Exceptional Business Opportunity -- Prime Commercial & Residential Property

Discover this spacious semi-detached building perfectly positioned on a prominent corner lot. Offering an unmatched investment prospect, this property is located in the heart of a highly sought-after neighbourhood.

The ground floor includes a multi-purpose commercial space, ideal for various businesses you can have your own business or you can rent it to you decide. The upper levels comprise six well-maintained residential units, including 1 x 3½ and 5 x 4½ apartments, ensuring a reliable rental income stream.

Convenience is a hallmark of this property. Residents and tenants will enjoy proximity to essential services such as public transport, Rockland Centre, Marché Central and effortless access to Highways 40 and 15. Additional nearby amenities include shopping, dining and entertainment.

Don't miss out on this rare opportunity to secure a prime asset in a thriving location. Contact us today to learn more or schedule a private tour!
**GST & QST applicable only on commercial portion**


Inclusions: 1 hot water tank for the commercial space , 6 hot water tanks for residential apartments, /gas hot water furnace. Everything is sold in working order but without quality guarantee.

Exclusions : All tenants belongings.

Building Features:

  • Basement: 6 feet and more, Finished basement
  • Driveway: Asphalt
  • Parking: Driveway
  • Proximity: Highway, Daycare centre, Metro, Park, Bicycle path, Elementary school, High school, Public transportation
  • Roofing: Asphalt and gravel
  • Siding: Brick
  • Size: 16.58 x 9.48 METRE
  • Heating System: Hot water, Electric baseboard units
  • Heating Energy: Electricity, Natural gas
  • Water Supply: Municipality
  • Sewage System: Municipality

Potential Gross Revenue:

  • Residential: $60,300
  • Commercial: $42,000

Taxes:

  • Municipal Tax: $13,265
  • School Tax: $1,043
  • Annual Tax Amount: $14,308

Property Assessment:

  • Lot Assessment: $342,000
  • Building Assessment: $919,800
  • Total Assessment: $1,261,800

Property Features:

  • Built in: 1958
  • Irregular: Yes
  • Lot Size: 343.90 Square Metres
  • Zoning: COMM, RESI
  • No. of Parking Spaces: 2

Revenue Units:

Courtesy of: Royal LePage du Quartier

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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