1850 Boulevard Le Corbusier, Chomedey

Asking Price

$8,525,000 + GST/PST

Building area

40,469 SQ. Ft.

Land size

61,295 SQ. Ft.

Price per SQ. Ft.

$210.66

Property Description

Well-maintained office building strategically located on Le Corbusier Boulevard, near Montmorency Metro and major highway access. Large 61,000 sq. ft. land and ample parking. Strong rental income with 4,130 sq. ft. available for occupancy or lease. Assumable loan available. Ideally located in close proximity to restaurants and retail amenities.

Building type

Detached

Building Category

Class B - Office

Year built

1988-2009

Highlights

High visibility and easy access

Ample land and rear parking

Elevator in building

Enhancement potential

Other information

The owner occupies an office area and may make it available to the buyer.

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

Location
Building description

General Information

Cadastral number4 207 678
Land size61 295 SQ. Ft.

Total Municipal Assessment

Total Municipal Assessment6 945 800 $
Municipal Land Assessment1 016 800 $
Municipal Building Assessment5 929 000 $

Construction

Clearance HeightTo be verified
Number of Storeys3
Type of BuildingDetached
Type of ConstructionConcrete
Year of Construction1988-2009
Building DimensionsTo be verified

Electromechanical System

LightingLED,
Fire SystemMircom system and sprinklers
Security SystemSecurity alarm
Existing FacilitiesHeat pumps, elevator, waste room; SMEs, offices, beauty centers, local charities

Parking

Number of Parking SpacesApproximately 114 parking spaces (front/rear) + 1 drop-off area

Area

Gross Area39,675 sq. ft.
Leasable Surface Area37 340 sq. ft.
Average Surface Area / Unit2 204 sq. ft.

Features

PlumbingTo be verified
Condition of Roof2009
Service ContractYes
Heating SystemHVAC, Heat pump / Baseboard heaters
Hot Water SystemTo be verified
Electrical PanelsBreakers
Exterior SidingConcrete
Environmental ReportYes
Condition of Doors/Windows2009/1988
Income & Expenses

Revenue

yearly
Commercial $740,148
Lockers $8,190
Parking $540
Total revenues $748,878
Expenses recovery yearly
General Recovery $98,972
Total expenses recovery $98,972
Total Gross Income $847,850
Vac. / Bad debt
EGR $847,850

Expenses

Calc. yearly
Administration Estimated
Management Fees Current $17,482
Municipal Taxes Current $180,961
School Taxes Current $4,771
Insurance Current $7,934
Electricity Current $50,721
Heating
Snow Removal Current $5,223
Elevator Current $2,520
Lawn
Structural reserve Real $8,478
Janitor
Maintenance Estimated $17,026
WiFi
Heat pump
Total expenses $295,117
Anthony Harchaoui
Anthony Harchaoui
Team Anthony Harchaoui
Executive VP
|
Real Estate Broker | PMML Partner
514-649-8820 anthony.harchaoui@pmml.ca
Thomas Giroux
Thomas Giroux
Team Anthony Harchaoui
|
Real Estate Broker
(514) 245-3677 thomas.giroux@pmml.ca
Property Photos
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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