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.
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
The sale is made without any legal warranty of quality, at the buyer's own risk
| Cadastral number | 3271127 |
| Total Municipal Assessment | 1790600 |
| Municipal Land Assessment | 283100 |
| Municipal Building Assessment | 1507600 |
| Clearance Height | 8 to 10 feet |
| Number of Storeys | 2 |
| Type of Building | Isolated |
| Type of Construction | Wood and brick |
| Year of Construction | 1960 |
| Building Dimensions | See location certificate |
| Fire System | Alarm system, emergency exit, portable fire extinguishers. |
| Number of Parking Spaces | 38 |
| Gross Area | 18504 |
| Leasable Surface Area | 18504 |
| Land Surface Area | 21703 |
| Building Area | 7763 |
| Ground footprint of approximately 36% = significant development potential |
| Plumbing | PEX/ABS/Copper |
| Condition of Roof | In good condition |
| Service Contract | To be confirmed |
| Heating System | Electric baseboard heaters, air heater, central heating system |
| Hot Water System | Independent reservoirs |
| Electrical Panels | To be confirmed |
| Exterior Siding | Acrylic, Brick and Concrete Block |
| Environmental Report | To be confirmed |
| Condition of Doors/Windows | Aluminium, PVC |
| yearly | $ / PI² | |
|---|---|---|
| Commercial | $329,940 | $17.18 |
| Lockers | ||
| Parking | ||
| Total revenues | $329,940 | $17.18 |
| Expenses recovery | yearly | $ / PI² |
| Total expenses recovery | ||
| Total Gross Income | $329,940 | $17.18 |
| Vac. / Bad debt | ||
| EGR | $329,940 | $17.18 |
| Calc. | yearly | $ / PI² | |
|---|---|---|---|
| Administration | |||
| Management Fees | |||
| Municipal Taxes | Current | $50,995 | $2.66 |
| School Taxes | Current | $1,613 | $0.08 |
| Insurance | Estimated | $7,002 | $0.36 |
| Electricity | Estimated | $13,045 | $0.68 |
| Heating | |||
| Snow Removal | Estimated | $3,600 | $0.19 |
| Elevator | |||
| Lawn | |||
| Structural reserve | |||
| Janitor | |||
| Maintenance | |||
| WiFi | |||
| Heat pump | |||
| Total expenses | $76,255 | $3.97 |
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