Corner semi-commercial property located at Ontario East and De Chambly in Mercier–Hochelaga-Maisonneuve. The property includes 3 ground-floor commercial units, 2 large residential apartments on the upper floors and a basement. Fully leased, the asset offers a mix of commercial and residential income on an established commercial corridor.
• Fully leased 5-unit mixed-use property
• 3 commercial units and 2 large 6.5-room apartments
• 3 storeys + basement
• Located on Ontario East commercial corridor
• Established Mercier–Hochelaga-Maisonneuve sector
N/A
The sale is made without legal warranty of quality, at the buyer’s risk and peril.
Commercial leases are net-type leases with expense recoveries.
The buyer shall conduct their own due diligence regarding use and zoning.
| Cadastral number | 3 362 844 |
| Cadastre | 3 362 844 |
| Total Municipal Assessment | $687,200 |
| Municipal Land Assessment | $226,000 |
| Municipal Building Assessment | $461,200 |
| Clearance Height | N/A |
| Number of Storeys | 3 |
| Type of Building | Mixed-use income property. |
| Type of Construction | Wood frame and structural floors, concrete foundations, brick exterior walls |
| Year of Construction | 1926 |
| Building Dimensions | N/A |
| N/A | |
| Lighting | N/A |
| Fire System | Smoke detectors indicated, fire hose or fire alarm system. |
| Security System | Security alarm system (To be confirmed) |
| Existing Facilities | N/A |
| Type of Parking | N/A |
| Number of Parking Spaces | N/A |
| Gross Area | ± 6,583 sq. ft. including basement |
| Leasable Surface Area | ± 4,690 sq. ft. above grade |
| Land Surface Area | 180.8 m² / approx. 1,946 sq. ft. |
| Building Area | ± 4,690 sq. ft. above grade |
| Average Surface Area / Unit | ± 938 sq. ft. / unit, overall above-grade average |
| Semi-commercial income property comprising 3 commercial units and 2 residential apartments. Fully leased property located on an established commercial corridor in Mercier–Hochelaga-Maisonneuve. |
| Plumbing | Copper supply; copper and plastic waste piping; cast iron drainage. |
| Condition of Roof | N/A |
| Service Contract | N/A |
| Heating System | Electric baseboards; central heating. |
| Hot Water System | Electric |
| Electrical Panels | N/A |
| Exterior Siding | Brick |
| Environmental Report | N/A |
| Condition of Doors/Windows | Aluminum storefront windows, sliding vinyl windows, commercial glass doors and standard doors. Current condition to be confirmed. |
| In-Building Services | N/A |
| yearly | $ / PI² | |
|---|---|---|
| Residential | $39,792 | $8.39 |
| Affordable res. | ||
| Commercial | $50,208 | $10.59 |
| Lockers | ||
| Parking | ||
| Laundry | ||
| Total revenues | $90,000 | $18.98 |
| Expenses recovery | yearly | $ / PI² |
| General Recovery | $11,628 | $2.45 |
| Total expenses recovery | $11,628 | $2.45 |
| Total Gross Income | $101,628 | $21.43 |
| Vac. / Bad debt | ||
| EGR | $101,628 | $21.43 |
| Calc. | yearly | $ / PI² | |
|---|---|---|---|
| Administration | |||
| Management Fees | Estimated | $5,086 | $1.07 |
| Municipal Taxes | Current | $9,086 | $1.92 |
| School Taxes | Current | $496 | $0.10 |
| Insurance | Estimated | $5,500 | $1.16 |
| Electricity | |||
| Heating | |||
| Snow Removal | |||
| Elevator | |||
| Lawn | |||
| Structural reserve | |||
| Janitor | |||
| Maintenance | Estimated | $1,020 | $0.22 |
| Appliances | |||
| WiFi | |||
| Heat pump | |||
| Total expenses | $21,188 | $4.47 |
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