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Commercial condo for sale, Ville-Marie (Montréal)
$675,000 +GST/QST

  1. Façade

    Maison a vendre
  2. Extérieur

    Maison a vendre
  3. Extérieur

    Maison a vendre
  4. Façade

    Maison a vendre
  5. Intérieur

    Maison a vendre
  6. Intérieur

    Maison a vendre
MLS 17111341
Address
395, Rue Notre-Dame O. , app.101, Ville-Marie (Montréal)
Description
Rooms : 0 | Bedrooms : 0 | Bathroom : 0 | Shower room : 0
Smart investment! Prime AAA location commercial condo in the heart of Old Montreal, adjacent Downtown. The facade of the building is historic. Meticulously managed 9 unit building. Interior completed gutted and renovated in 1999 and converted to condos. The street infrastructure was re-done by the City of Montreal around 2008 (pipes, electrical)
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Characteristics

Property Type Commercial condo Year of construction 1890 
Type of building Attached  Trade possible
Building Size 28.50 ft. x 60.50 ft. - irr Certificate of Location
Living Area 119.90 m²      
Lot Size Deed of Sale Signature
Cadastre
Zoning Commercial, Residential
Pool
Water supply Municipality Parking
Driveway
Roofing Garage
Siding Lot
Windows Topography
Window Type Distinctive Features
Energy/Heating View
Basement Proximity  
Bathroom  
Kind of commerce Department Store Type of business/Industry Retail
Sewage system Municipal sewer

Room dimensions

Rooms : 0    |   Bedrooms : 0   |   Bathroom : 0   |    Shower room : 0
Rooms LEVEL DIMENSIONS Type of flooring Additional information

Inclusions

Light fixtures, Air Conditioner

Exclusions

Belongings of tenants in the Boutique Rooney

Addenda

Welcome to Lofts Notre Dame a mix of residential condos and

a beautiful ground level commercial space!

The commercial condo is a retail store, but can be used for

other types of commercial services.

Owner pays:

-Confo fees of $175 month

- 40% of the municipal taxes

On top of the monthly rent, the tenant assumes expenses

related to:

- Heating, Electricity, hot Water, maintenance and repairs

- Municipal taxes 60%

- School taxes are 100% paid, as well as the business taxes

SEE Deed of Lease

The lease is on a net basis. Initial rent was $2400

monthly. Presently, rent is $2787.84 monthly or $33454

yearly rounded.

- To this rent you add the school taxes and business taxes

for 2016-17 a recuperation of 11 937,78$ according to owner.

Insurance:

This is included in the condo fees. Tenants also have their

own insurance.

The condo unit includes an open retail space, changing room

and stock room.(small powder room).

-There is a storage in basement, not attached, access from

inside the building.

Clothing store business operates since 2006 (Rooney)

- Lease began on 1st March 2006, Renewed until 28 February

2021

- With an option to renew another 5 years

- The Lessee has a right of first refusal to purchase the

unit at the same price and conditions contained in an

accepted offer.

Presently no special assessement. Roof planned to be redone

in next 5 years.

Dimensions
Width of the building
28.50 ft.
Depth building
60.50 ft.
Living area
119.90 m²
Fees and taxes
Municipal Taxes :
$15,590 (2016)
School taxes :
$770 (2016)
Total
$16,360
Expenses / Energy (per year)
Co-ownership fees
$175 (0)
Municipal evaluation
Year
2016
Lot
$81,400
Building
$352,400
Total
$433,800









Testimonials
  • Thank you!
    I'm still so thankful to Eleni Akrivos for getting it sold quickly!!! So many great things have come out of this move to Toronto. If you're in the Montreal area and need some great real estate or mortgage solutions you have to check out her team! Top notch
  • Thank you!
    Thank you Eleni, Fred and everyone at North East Mortgages and Realties for all your hard work. We love our new home!
    Nadia
    Nadia
  • SOLD in Laval
    Excited to have listed my home with Eleni Akrivos ! Ste-Dorothee, Laval. Beautiful area, amazing neighbours. Reason for selling:#TorontoBound
    Ellie Borden
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