11863-11873 Rue Notre-Dame E., Montréal QC H1B 2Y2 Photo 1

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11863-11873 Rue Notre-Dame E. -

Semi-commercial RENOVATED building, with excellent tenants, is situated in the center of revitalization project of Vieux PAT. Rental units: 2 commercial (leases 10 & 3 years), 2 appartments (with leases) & 2 garages (with lease). Potential gross income $81900, gross income $76911, potential net income $64148. Electricity and heating paid by tenants.

Commercial unit 11863

(completely renovated in the last 10 years)

- Air conditioning & heating
- Membrane roofing
- Doors
- Updating of electrical panels
- Exterior aluminum cladding
- Installation of water meters
- Renovation of the music school and the recording studio
- Excellent tenant since 2005, no problem of payment
- Rental 4600 sf: ground floor, studio 1000 sf 2nd Floor, portion basement

Commercial unit 11873

(renovations 2018)

- Installation of new floor covering
- Renovation of the bathroom
- Addition of a 2nd bathroom
- Painting the whole premises
- Renovate the staircase to basement
- New divisions of the machinery room in the basement
- Change the outside exit door of the basement
- Remove the old heating system i ground floor and basement
- Basement half finished
- New tenant with security deposit 3 months
- Rental 920 sf: ground floor and basement

Residential appartments

- Each of 2 appartments in very good condition
- With wooden floors and skylights
- Excellent tenants since 2013 and 2016, no problem of payment
- Rental : 1 x 4 1/2 and 1 x 5 1/2 on 2nd Floor

Garage

(renovations 2017)

- Structure of the roof newly redone
- Roof covering newly redone
- Ciment slab newly redone
- Walls strengthened and redone partially
- Outside walls covering newly redone
- Insulation redone partially
- 2 new garage doors
- 1 new door
- Installation of a new electric system
- Installation of a new heating system
- Excellent tenant, security deposit 2 months, no problem of payment
- Rental : 2 garages in back of building

Inclusions

Stove and refrigerator in appartment 11869

Exclusions

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Other information

- Visits with an accepted promise to purchase

- Price $768,800 plus GST/PST. Taxes will be applied only on the commercial portion representing 72% of the building.

Property Details

  • ID: 20455045
  • Year Built: 1944
  • New Construction: No
  • Lot Area: 5,104.00 Square Feet
  • Property ID: 101437310
  • Status: Active
  • Building Size: 53 x 92 pi
  • Lot Size: 53 x 99 pi
  • Style: Quadruplex
  • Storeys: 2
  • Living Area: 7,182 Square Feet
  • Neighbourhood: Rivière-Des-Prairies/Pointe-Aux-Trembles

Features

Available services Fire detector
Basement Seperate entrance, Partially finished, 6 feet and over
Distinctive features Environmental study phase 1
Driveway Other - Gravel
Equipment available Wall-mounted air conditioning, Sign, Central heat pump, Alarm system
Foundation Poured concrete
Garage Other - 23'X25', Renovated, Heated, Double width or more, Detached
Heating energy Other - Paid By Tenants, Electricity
Heating system Other - Forced Air Commercial Units and Baseboard in Appt, Electric baseboard units, Air circulation
Parking Outdoor, Garage
Proximity Public transport, Park - green area, Other - Near Services, Place du Village Pat, Vieux-Moulin, Highway, Elementary school, Bicycle path
Roofing Other - 2007, Elastomer membrane
Sewage system Municipal sewer
Siding Brick
Topography Flat
Water supply Municipality
Window type Sliding, Other - Skylights
Zoning Residential, Commercial

Financial Considerations

Municipal Assessment
  • Year: 2018
  • Lot: $142,300
  • Building: $392,700
  • Total: $535,000
Taxes (annual)
  • Municipal: $11,021
  • School: $664 (2019)
  • Total: $11,685

Designations

Commercial Property
Listed By Janet Di Lalla and Michel Bergeron of CENTURY 21 Immo-Plus