2 Meadowbrook, Morin-Heights

Asking Price

$2,500,000 + GST/PST

Building area

9,749 SQ. Ft.

Land size

54,877 SQ. Ft.

Price per SQ. Ft.

$256.44

Property Description

9 000+ sq. ft. commercial building over two floors, fully leased to AAA tenants, including a medical clinic, a well-established dental center, and a reputable restaurant. The property is impeccably maintained and offers an optimal, functional layout. The restaurant space stands out with its impressive double-height ceiling and mezzanine, creating a spacious and distinctive atmosphere. Each tenant benefits from a separate front entrance, ensuring maximum visibility and direct customer access. Ideally located approximately 10 minutes from Saint-Sauveur and close to major highways. A high-quality investment opportunity not to be missed!

Building type

Detached

Building Category

Multi-Tenant Property

Year built

2012

Highlights

Lease type: unfurnished with high-quality AAA tenants.

Ample on-site parking with a loyal local clientele, combined with significant year-round tourist traffic.

Located directly on Route 364, 10 minutes from Saint-Sauveur, a major tourist hub in the Laurentians.

Just 2 minutes from the IGA and SAQ grocery stores in Morin-Heights, generating strong appeal and consistent customer traffic.

Capital spendings in recent years

Construction 2012

Other information

Unit #200 will become available in February 2027, opportunity for an owner-occupier.

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

The building has a wastewater disposal system with a septic tank and a drain field.

Location
Building description

General Information

Cadastral number4 726 168

Total Municipal Assessment

Cadastre4 726 168
Total Municipal Assessment2 105 700 $
Municipal Land Assessment301 500 $
Municipal Building Assessment1 804 200 $

Construction

Number of Storeys2
Type of BuildingDetached
Type of ConstructionTo be verified
Year of Construction2012
Building Dimensions163 x 282 ft (irregular)

Electromechanical System

LightingLED
Fire SystemSmoke alarms
Security SystemTenant's responsibility
Existing FacilitiesRestaurant, medical services and office

Parking

Type of ParkingExterior, gravel
Number of Parking Spaces40 spaces

Area

Gross Area9 749 p.c.
Leasable Surface Area9 749 p.c.
Land Surface Area54 877 p.c.
Building Area9 749 p.c.
Average Surface Area / Unit3 250 p.c.

Features

PlumbingAbs, Pex
Condition of RoofAsphalt shingles
Service ContractElevator
Heating SystemElectric heating, 3 central heat pumps, wall-mounted heat pump, forced air (air distribution system)
Hot Water SystemIndependent tanks
Electrical PanelsBreakers
Exterior SidingWood, brick
Environmental ReportTo be verified
Condition of Doors/Windows2012
In-Building ServicesRestaurant, medical services and office
Income & Expenses

Revenue

yearly
Commercial $263,739
Lockers
Parking
Total revenues $263,739
Expenses recovery yearly
Total expenses recovery
Total Gross Income $263,739
Vac. / Bad debt $10,961
EGR $252,778

Expenses

Calc. yearly
Administration
Management Fees Estimated $5,716
Municipal Taxes Current $17,847
School Taxes Current $1,381
Insurance Current $4,803
Electricity Current $26,757
Heating
Snow Removal Current $7,128
Elevator
Lawn
Structural reserve Current $4,384
Janitor Estimated $6,576
Maintenance Estimated $9,527
WiFi
Heat pump
Total expenses $84,121
Rent roll

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Jessika Lahaie
Jessika Lahaie
Team Jessika Lahaie
Executive VP
|
Real Estate Broker | PMML Partner
819-345-2487 jessika.lahaie@pmml.ca
Alyson Marceau
Alyson Marceau
Team Jessika Lahaie
VP
|
Real Estate Broker
450-521-6898 alyson.marceau@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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