2049-2053 Papineau Ave.

Asking Price

$1,099,000

Area

3,196 SQ. Ft.

Price per SQ. Ft.

$343.87

Land Description

HIGH POTENTIAL IN VILLE-MARIE. 3,196 sq. ft. mixed-use zoned lot, with a maximum building footprint of 70% and an allowable height of 16 m. Estimated buildable area of ​​10,067 to 11,185 sq. ft., depending on the configuration. Located in a central area undergoing transformation, close to jobs, services, and public transit. An opportunity to create value, subject to municipal due diligence and approvals.

Act quickly!

Location
Area attractions

Central location in the Sainte-Marie district.

Urban setting featuring a mix of residences, shops and local amenities.

Situated on the Papineau corridor, a north-south connection and visibility on a major thoroughfare.

Quick access to Ontario Street E , Sainte-Catherine Street E , and Sherbrooke Street E .

Area served by bus routes and the Green Line metro.

Additional Information

Two cadastral lots: 1,566,933 and 1,566,935

Vacant building of approximately 3,052 sq. ft.

Potential for 4.5 or 5 stories (to be confirmed)

Buildable area: ~10,067 sq. ft. to ~11,185 sq. ft.

Mixed-use zoning (to be confirmed)

Vacant building

No tenant negotiations required

Easy to obtain demolition permit

The sale is made without any legal warranty of quality, at the buyer's own risk.

Zoning

Zoning information

Zoning Code
0400
Zoning Description
Maximum building footprint of 70% and a permitted height of 16 m or 52 ft; mixed-use zone M.4, permitting notably low-intensity retail and services.
Public Services
Water mains and sewers in the street
Specific Uses
Refer to the usage guide.
Special Provisions
Refer to the usage guide.

Project progress

Environmental Studies: Phase I
Preliminary plans and/or subdivision in progress
Project approved
Construction plans finalized
Demolition and/or Construction permits obtained

Information

PPCMOI
Depending on the nature of the project, a PPCMOI application may be required to obtain the necessary authorizations.
Permitted Density
3
Type of Use
Mixed-use zone
Number of Storeys Permitted
4 - 5
$ / SQ. Ft.
343,87 $/SQ. Ft.
Cadastre
1 566 933, 1 566 935

Land description

Lot Number
1 566 933, 1 566 935
Number of Floors
4 - 5

Total Municipal Assessment

Total Municipal Assessment
$ 666 000
Municipal Land Assessment
$ 564 100
Municipal Building Assessment
$ 101 900
Ghizlane Nafidi
Ghizlane Nafidi
|
Real Estate Broker
514-984-6778 ghizlane.nafidi@pmml.ca
The remarks, descriptions, characteristics and financial projections contained in this document are for information only and should not be considered official. The information contained herein comes from sources we believe to be reliable, but for which we cannot guarantee the accuracy. It is the buyer's responsibility to check everything and to declare themselves satisfied or dissatisfied with it during the due diligence process following an accepted promise to purchase.
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