Splendid building HALF COMMERCIAL located at the corner of Ontario and Wolfe streets, in Montreal, offering 7 apartments, 3 businesses, and 1 warehouse. 2X 5 1/2, 2X 4 1/2 and 3X 3 1/2, very profitable with excellent income annual, located a few minutes walk from downtown, renovated and surrounded by all services, grocery store, restaurants, schools, transport (bus and metro) Lafontaine Park and the CHUM. IMPORTANT : IDEAL FOR INVESTORS, possibility of adding 6 apartments on the 3rd floor, considerably increasing annual income... NOT TO BE MISSED!
96' X 70'
1931
Aluminum , PVC
Poured concrete
Concrete , Brick , Stone
Elastomeric membrane
Concrete , Wood
Bar: rent $3438.00 (plus taxes) + annual business tax of $5644.00 (which increases the rent annually)
The rent increase is determined by Statistics Canada for Montreal from the previous year with a minimum amount of $50.00 per month;
There is a 5 year option;
Resto: rent $2258.00 (plus taxes) + annual business tax of $3747.00 (which increases the rent annually)
The increase in rent is determined by Statistics Canada for Montreal from the previous year if it is less than 3% per year the increase is $35.00 per month and if it is greater than 3% per year increase is $50.00 per month (plus taxes);
No renewal option
Banco: rent $2913.00 (plus taxes) + business tax of $5447.00 (which increases the rent annually)
The rent increase is determined by Statistics Canada for Montreal from the previous year for a maximum of 4%
There is a 5 year option
96' X 70'
1931
Aluminum , PVC
Poured concrete
Concrete , Brick , Stone
Elastomeric membrane
Concrete , Wood
101' X 98'
6,485 SF
Driveway : 2
Highway , CEGEP , Daycare centre , Golf , Hospital , Metro , Park , Bicycle path , Elementary school , High school , Commuter train , Public transportation , University
Commercial , Residential
Electric baseboard units
Electricity
Electrical input (200 amp) , Central air conditioning , Signs allowed , Alarm system , Central heat pump
Municipality , With water meter
Municipality
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RE/MAX ACTION | 1225 avenue Greene, Westmount, Québec, H3Z 2A4
Hello, my name is JOELLE BITAR, real estate broker. Contact me for more information.
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