8387-8397 Boul. St-Michel, Montréal QC H1Z 3E7 Photo 1

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8387-8397 Boul. St-Michel -

* EXCELLENT OPPORTUNITY *

SEMI-COMMERCIAL BUILDING LOCATED ON A EXTREMELY VISIBLE STREET.

PROXIMITY TO ALL SERVICES AND 2 MINUTES AWAY FROM METROPOLITAN HIGHWAY.

6 COMMERCIAL LOCALS ON FIRST FLOOR:

- MONDIAL EXPRESS 750 S/F RENTED AT $1,325/MONTH

PRESENT OWNER OCCUPIES 5 OUT OF 6 LOCALS.

- 5 x 750 S/F (3,750 S/F) POTENTIAL REVENU $6,625/MONTH.

CAN BE EASILY RE-DIVIDED.

2ND FLOOR AS 4 RESIDENTIAL APARTMENTS:

5.5 RENTED AT $740/MONTH UNTIL JUNE 30th, 2019. 

5.5 RENTED AT $595/MONTH UNTIL JUNE 30th, 2019.

- 4.5 RENTED AT $730/MONTH UNTIL JUNE 30th, 2019.

- 4.5 RENTED AT $585/MONTH UNTIL JUNE 30th, 2019.

CONCRETE BETWEEN FLOORS.

ROOF REDONE IN 2011.

ADDENDA:
+ COMMERCIAL LOCALS HAVE BEEN RECENTLY RENOVATED WITH NEW RECEPTION AREA AND MODERN CERAMIC FLOORS.
+ FRONT GLASS THERMOS PANELS CHANGED IN 2014 (COMMERCIAL).
+ PATIO DOORS CHANGED IN 2008 (RESIDENTIAL).
+ EXTERIOR PARKING FOR UP TO 10 CARS.

 

Property Details

  • ID: 16482045
  • Year Built: 1988
  • Status: Active
  • Parking Type Description: Driveway / Parking Apron 10 cars
  • Living Area: 4,608 Square Feet
  • Neighbourhood: Villeray/Saint-Michel/Parc-Extension
  • Property ID: 101390348
  • Beds: 2
  • Total Rooms: 4
  • New Construction: No
  • Lot Area: 8,674.70 Square Feet
  • Body of Water: Ville
  • Style: Apartment
  • Baths: 1 (Full: 1 3/4: 0 1/2: 0 Other: 0)
  • Storeys: 2
  • Building Size: 96 x 48 ft
  • Lot Size: 69x158.50

Features

Basement No basement
Cupboard Wood, Melamine
Equipment available Central air conditioning, Alarm system
Foundation Poured concrete
Heating energy Electricity
Heating system Space heating baseboards, Air circulation
Landscaping Fenced yard
Parking Outdoor
Proximity Public transport, Park - green area, Hospital, Highway, High school, Elementary school, Cegep
Roofing Elastomer membrane
Sewage system Municipal sewer
Siding Brick
Topography Flat
Water supply Municipality
Window type Sliding
Windows Aluminum
Zoning Residential, Commercial

Financial Considerations

Municipal Assessment
  • Year: 2019
  • Lot: $354,700
  • Building: $995,300
  • Total: $1,350,000
Taxes (annual)
  • Municipal: $24,688
  • School: $2,232 (2019)
  • Total: $26,920
Expenses (annual)
  • Other Expenses:: $4,000
  • Total: $4,000
Listed By Mike Trotta and Giuseppe Diodati of CENTURY 21 Excel