2944 - 2954 Taschereau, Greenfield Park

Asking Price

$3,975,000 + GST/PST

Building area

25,000 SQ. Ft.

Land size

54,124 SQ. Ft.

Price per SQ. Ft.

$159.00

Property Description

Commercial opportunity located on Taschereau Boulevard in Greenfield Park, near Charles-Lemoyne Hospital. Property of approximately 45,660 sq ft comprising a building of approximately 25,000 sq ft for medical/office use and mechanical space. The property offers excellent potential for optimization or redevelopment, in addition to 95 revenue-generating parking spaces. Full-height basement with potential for storage. High-potential area.

Building type

Detached

Building Category

To be determined

Year built

1950

Highlights

Office/retail building on a highly visible thoroughfare

Small multi-tenant building

Strong focus on medical and healthcare services

Other information

Family-owned business. Potential for hiring. Estimated total payroll: reduced by 20% without causing revenue losses or operational issues.

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

Location
Building description

General Information

Cadastral number2 118 500
Land size54 124 SQ. Ft.

Total Municipal Assessment

Total Municipal Assessment2 190 600 $
Municipal Land Assessment1 484 700 $
Municipal Building Assessment705 900 $

Construction

Clearance Height9
Number of Storeys2
Type of BuildingDetached
Year of Construction1950
Building DimensionsTo be verified
Garage completely renovated in the late 1970s Office space built in the late 1970s Gross parking revenue of $299,600 may be included in the sale

Electromechanical System

LightingFluorescent / LED tube
Fire SystemN/A
Security SystemN/A
Existing FacilitiesMedical offices / Massage therapy practice / Hearing aid sales

Parking

Number of Parking SpacesApproximately 80 spaces for #2944 / Approximately 15 spaces for #2954

Area

Gross Area12,000 square feet
Leasable Surface Area25,000 square feet
Average Surface Area / Unit1,091 square feet

Building type

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

Features

PlumbingCupper / Pex
Condition of RoofRenovated in 2018 / In good condition
Service ContractIn-house management
Heating SystemRoof-mounted heating/air conditioning + Central ventilation system
Hot Water SystemIndependent tanks
Electrical PanelsCircuit Breakers / Fuses (30/40 Amp)
Exterior SidingSteel columns and beams / Brick
Environmental ReportNo
Condition of Doors/WindowsRenovated and original
Income & Expenses

Revenue

yearly
Commercial $66,348
Lockers
Parking $299,600
Total revenues $365,948
Expenses recovery yearly
Total expenses recovery
Total Gross Income $365,948
Vac. / Bad debt
EGR $365,948

Expenses

Calc. yearly
Administration Estimated $2,400
Management Fees Real $10,978
Municipal Taxes Current $58,071
School Taxes Current $1,639
Insurance Current $17,825
Electricity Current $41,045
Heating
Snow Removal
Elevator
Lawn
Structural reserve
Janitor Estimated $1,870
Maintenance Estimated $5,500
WiFi
Heat pump
Total expenses $139,328
Rent roll

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Marc-André Caron
Marc-André Caron
Team Laurent Paquin et Mélissa Jacob
Senior VP
|
Real Estate Broker
514-668-6210 marc-andre.caron@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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