Laurent Paquin
| Team Laurent Paquin et Mélissa Jacob
Executive VP
|
Real Estate Broker | PMML Partner
Mélissa Jacob
| Team Laurent Paquin et Mélissa Jacob
Executive VP
|
Real Estate Broker | PMML Partner
High-quality building occupied by prime, well-established tenants benefiting from long-term leases. The property has undergone significant recent investments and offers robust construction as well as exceptional stability. Ideal opportunity for an investor seeking a secure and sustainable asset.
Located in the heart of Rosemont–La Petite-Patrie, on a recognized and highly frequented commercial artery.
Sought-after neighbourhood
Area animated by a diversity of shops, services, and institutions, promoting traffic and visibility.
Benefits from the urban revitalization efforts of Beaubien East, strengthening medium and long-term potential.
Renovations to ICM and the Dental Clinic (2022-2023)
Montreal Heart Institute: March 7, 2033 plus options
Dental Clinic: July 31, 2032
The sale is made without any legal warranty of quality, at the buyer's own risk.
| Cadastral number | 2 788 058 |
| Land size | 6 962 SQ. Ft. |
| Total Municipal Assessment | 2 471 800 $ |
| Municipal Land Assessment | 711 500 $ |
| Municipal Building Assessment | 1 760 300 $ |
| Number of Storeys | 2 |
| Type of Building | Detached |
| Type of Construction | Steel concrete |
| Year of Construction | 1964 |
| Building Dimensions | 86' X 80' |
| Signs permitted | |
| Fire System | Fire detector (connected) |
| Security System | yes |
| Number of Parking Spaces | 5 spaces |
| Gross Area | 8 667 sq. ft. |
| Leasable Surface Area | 13 167 sq. ft. |
| Electricity: 600 V – 600 A, electric meter 4. |
| Plumbing | 2021 |
| Condition of Roof | Roof renovation (2022) |
| Service Contract | yes |
| Heating System | Electric and HVAC with humidifiers |
| Hot Water System | Tank |
| Electrical Panels | Circuit breakers |
| Environmental Report | Update to be done |
| Condition of Doors/Windows | Replacement of all fenestration (2021) |
| yearly | $ / PI² | |
|---|---|---|
| Commercial | $199,031 | $18.24 |
| Lockers | ||
| Parking | ||
| T.I | $45,366 | $4.16 |
| Total revenues | $244,397 | $22.40 |
| Expenses recovery | yearly | $ / PI² |
| General Recovery | $198,592 | $18.20 |
| Total expenses recovery | $198,592 | $18.20 |
| Total Gross Income | $442,989 | $40.60 |
| Vac. / Bad debt | $3,992 | $0.37 |
| EGR | $438,997 | $40.24 |
| Calc. | yearly | $ / PI² | |
|---|---|---|---|
| Administration | |||
| Management Fees | Current | $2,444 | $0.22 |
| Municipal Taxes | Current | $73,589 | $6.75 |
| School Taxes | Current | $2,061 | $0.19 |
| Insurance | Current | $5,823 | $0.53 |
| Electricity | Current | $33,315 | $3.05 |
| Heating | |||
| Snow Removal | Current | $1,025 | $0.09 |
| Elevator | |||
| Lawn | |||
| Structural reserve | Real | $8,780 | $0.80 |
| Janitor | |||
| Maintenance | Estimated | $4,887 | $0.45 |
| WiFi | |||
| Heat pump | |||
| Ordures | Current | $3,921 | $0.36 |
| Systèmes HVAC | Current | $1,791 | $0.16 |
| Contrat de service | Current | $39,148 | $3.59 |
| Total expenses | $176,784 | $16.20 |
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