191 Sainte-Rose, Sainte-Rose

Asking Price

$3,799,900 + GST/PST

Building area

19,200 SQ. Ft.

Land size

21,702 SQ. Ft.

Price per SQ. Ft.

$197.91

Property Description

Rare opportunity in the heart of Old Sainte-Rose, Laval. Commercial building of approximately 18,000 sq ft on 2 floors (offices, retail, and storage), situated on a 21,340 sq ft lot. Strategic location offering visibility, accessibility, and proximity to services. Current gross annual income of $329,946 with potential of $337,086 per year. Diversified income stream. Ideal for investors or owner-occupiers. Large rear lot allowing for the addition of parking. Strong potential for optimization and appreciation. Possibility of building expansion and adding space on 2 floors, subject to municipal approvals.

Building type

Isolated

Building Category

Multi-Tenant Property

Year built

1960

Highlights

Mixed-use commercial building with strong development potential

Diversified income streams

Land suitable for parking expansion

Potential for increasing leasable area

Possibility of adding 2 floors (subject to confirmation)

Optimized rental income and value creation

Flexible for investors or owner-occupiers

Sought-after area promoting asset growth

Other information

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

Location
Building description

General Information

Cadastral number3271127

Total Municipal Assessment

Total Municipal Assessment1790600
Municipal Land Assessment283100
Municipal Building Assessment1507600

Construction

Clearance Height8 to 10 feet
Number of Storeys2
Type of BuildingIsolated
Type of ConstructionWood and brick
Year of Construction1960
Building DimensionsSee location certificate

Electromechanical System

Fire SystemAlarm system, emergency exit, portable fire extinguishers.

Parking

Number of Parking Spaces38

Area

Gross Area18504
Leasable Surface Area18504
Land Surface Area21703
Building Area7763

Building type

Ground footprint of approximately 36% = significant development potential

Features

PlumbingPEX/ABS/Copper
Condition of RoofIn good condition
Service ContractTo be confirmed
Heating SystemElectric baseboard heaters, air heater, central heating system
Hot Water SystemIndependent reservoirs
Electrical PanelsTo be confirmed
Exterior SidingAcrylic, Brick and Concrete Block
Environmental ReportTo be confirmed
Condition of Doors/WindowsAluminium, PVC
Income & Expenses

Revenue

yearly
Commercial $329,940
Lockers
Parking
Total revenues $329,940
Expenses recovery yearly
Total expenses recovery
Total Gross Income $329,940
Vac. / Bad debt
EGR $329,940

Expenses

Calc. yearly
Administration
Management Fees
Municipal Taxes Current $50,995
School Taxes Current $1,613
Insurance Estimated $7,002
Electricity Estimated $13,045
Heating
Snow Removal Estimated $3,600
Elevator
Lawn
Structural reserve
Janitor
Maintenance
WiFi
Heat pump
Total expenses $76,255
Rent roll

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Mathieu Leclerc
Mathieu Leclerc
Team Gisèle Auger et Mathieu Leclerc
|
Real Estate Broker | PMML Partner
514-813-5707 mathieu.leclerc@pmml.ca
Kevin Sirois
Kevin Sirois
Team Mathieu Leclerc & Gisèle Auger
First VP
|
Real Estate Broker
438-777-6445 kevin.sirois@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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