215 - 221 Angus Sud, East Angus

Asking Price

$1,499,000 + GST/PST on the commercial portion

Land size

217,623 SQ. Ft.

Price per SQ. Ft.

$254.37

Property Description

Opportunity to acquire two adjacent properties offering excellent visibility along one of East Angus’s main thoroughfares. The property includes a commercial building with a garage and retail space, as well as a four-bedroom residence situated on a spacious 4.4-acre lot. The properties may be purchased separately, subject to the conditions governing the sale of the operating business.

Building type

Detached

Building Category

Mixed Uses

Year built

1999 and 1898

Highlights

Garage:

Strategic location offering excellent visibility

Commercial garage with retail space and storefront

Approximately 1,400 sq. ft. of finished upper-level space

Two garage doors measuring 12 x 12 ft. and 14 x 14 ft.

Large paved yard offering parking and outdoor storage space

Residential:

Four-bedroom residence

Residential lot of approximately 4.4 acres

Detached garage

Possibility of separate purchase

Capital spendings in recent years

House: roof and electrical panel replaced around 2023

Other information

Vente sans garantie légale de qualité, aux risques et périls de l'acheteur

Possibilité de vendre les propriétés séparément, le 215 Angus Sud devant toutefois être vendu avec le fonds de commerce

Chauffage du garage au bois, consommation annuelle estimée entre 10 et 12 cordes

Location
Building description

General Information

Cadastral number4180678 et 4180674

Total Municipal Assessment

Cadastre4180678 and 4180674
Total Municipal Assessment625 100 $
Municipal Land Assessment302 400 $
Municipal Building Assessment322 700 $

Construction

Clearance Height18' to 24'
Number of Storeys2
Type of BuildingDetached
Type of ConstructionSteel structure and Brick and wood
Year of Construction1999 and 1898
Building Dimensions40 x 70 ft (Comm.)
Garage and commercial store with storefront House: Stone foundation and concrete slab on the ground. Unfinished service basement. Detached garage approximately 18 ft x 20 ft with an extension of approximately 12 ft x 20 ft

Electromechanical System

LightingFluorescent and light bulbs
Fire SystemSmoke detectors
Security SystemConnected alarm system
Existing FacilitiesHot water radiant heating, wood, and propane

Parking

Type of ParkingExterior
Number of Parking SpacesVery large parking area

Area

Gross Area4,200 sq. ft. (commercial) + 1,868 sq. ft. (residential)
Land Surface Area217,623 sq ft
Building Area5,893 sq ft

Features

PlumbingABS and PEX
Condition of RoofCommercial: sloped metal roof. Residential: asphalt shingles and elastomeric membrane
Service ContractN/A
Heating SystemCommercial: Wood and electric heating with hydronic radiant floor heating. Residential: electric, wall-mounted heat pump, and wood stove
Hot Water SystemTo be verified
Electrical Panels200 A electrical entrance with circuit breakers.
Exterior SidingProfiled metal siding
Environmental ReportNo environmental study confirmed
Condition of Doors/WindowsService doors, commercial storefront
In-Building ServicesRepair, windshield/glass, towing, remote starter, and automotive accessories.
Income & Expenses

Revenue

yearly
Residential $22,200
Affordable res.
Commercial $54,600
Lockers
Parking
Laundry
Total revenues $76,800
Expenses recovery yearly
Total expenses recovery
Total Gross Income $76,800
Vac. / Bad debt
EGR $76,800

Expenses

Calc. yearly
Administration Estimate $1,652
Management Fees Estimate $2,478
Municipal Taxes Estimate $13,200
School Taxes Actual $413
Insurance Actual $3,979
Electricity Actual $6,663
Heating Estimate $2,000
Snow Removal
Elevator
Lawn
Structural reserve Estimate $1,652
Janitor
Maintenance
Appliances
WiFi
Heat pump
Total expenses $32,038
Rent roll

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Karine Thérien
Karine Thérien
Team Jessika Lahaie
|
Real Estate Broker
438-220-7700 karine.therien@pmml.ca
Jessika Lahaie
Jessika Lahaie
Team Jessika Lahaie
Executive VP
|
Real Estate Broker | PMML Partner
819-345-2487 jessika.lahaie@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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