A Tradition of Trust 
Amy Assaad TOP 1% OF REALTOR'S IN CANADA Montreal, QC
Phone: 514-934-1818 Email Amy

5060-5064 Av. Papineau Le Plateau (Montréal, Quebec, CA - H2H 1V8)

$849,000

Royal LePage Heritage

Amy Assaad Amy Assaad 514-934-1818 (Office) Request More Info

  • Le Plateau-Mont-Royal
  • Type: Residential
  • Style: Multiplex "4 plex - 3 Residential and 1 Commercial"
  • Garage: Double, Attached "Garage (2)"
  • Lot Type: Rectangular
  • Lot Size: 2951 sq. ft.

Description

Majestic semi-commercial 4-plex located in the sought out neighbourhood of Le Plateau. Triple occupancy. 3 spacious residential units with 1, 2 and 4 bedrooms and well established restaurant on the main floor. Large roof top terrace and double garage. Proximity to Laurier Park, restaurants, shopping and public transportation.

**Addendum

*5060: Spacious 7½ apartment with 4 bedrooms. Master bedroom features walk-in closet or office space. Kitchen with direct terrace access. High ceilings, over 9 feet
*5062-1: Open concept living space, 1 closed bedroom with direct access to front balcony and bathroom with shower/tub. Washer space in the kitchen.
*5062-2: Large 5 ½. 2 full size bedrooms with walk-in closets or office space. Balcony located right off of the kitchen.
*5064: Restaurant Les Cons Servent. Exclusive access to 1 garage.

*Tenant pays business tax ($4,704.87 portion of 55.6% of municipal taxe)

- Roof 2004
- Roof under the terrace 2009
- Front door changed 2012
- Three doors were changed in March 2016

*This property is sold without legal warranty.
*GST/PST payable only on commercial portion.
*The tenants in the commercial space have a 7 days right of first refusal.

**Inclusions
Unit 5060: Dishwasher, Unit 5062-1: Fridge and stove, Unit 5062-2 Dishwasher

**Exclusions
3 hot water tanks are rented

** Number of Units 3 - Residential
1 Unit(s) - 3 1/2 type
1 Unit(s) - 5 1/2 type
1 Unit(s) - 7 1/2 type
**Total - 3

**Other
1 - Commercial
**Total 1
*
** Potential Gross Revenue (2016-08-24)
* Residential - $48,000;
* Commercial - $37,200;
* Parking/Garages
* Other
** Total - $85,200.

** Effective Gross Revenue - $85,200 .

** Operating Expenses
* Municipal Taxes (2016) - $8,839;
* School Taxes (2016) - $801 ;
- Infrastructure Taxes
- Business Taxes
- Water Taxes
* Energy - Electricity -;
- Energy - Heating Oil
* Energy - Gas - ;
* Elevator(s)
* Insurance - ;
- Cable (TV) - ;
- Superintendent
- Sanitary Container
- Snow Removal
* Maintenance ;
-Equipment (Rental)
- Common Expenses
- Management/Administration
- Garbage
- Lawn
- Advertising
- Security
- Recovery of expenses
** Total Operating Expenses - $9,640

** Net Operating Revenue - $75,560

** Monthly Revenue (residential) - 3 unit(s)
*
*Apt. No. 5060
- End of Lease Owner-occupant
- Rental value $1,800
- No. of Bedrooms 4
- No. Bath/PR 1+0
**
*
*Apt. No. 5062-1
- End of Lease Owner-occupant
- Rental value $700
- No. of Bedrooms 1
- No. Bath/PR 1+0
**
*
*Apt. No. 5062-2
- End of Lease Owner-occupant
- Rental value $1,500
- No. of Bedrooms 2
- No. Bath/PR 1+0
**
*Annual Potential Gross Revenue $48,000 (2016-08-24)
*
**Monthly Revenue (Commercial, Industrial, Office, and Warehouse) - 1 unit(s)
*Unit. No. 5064
-Type - Commercial;
-Firm Name - Les Cons Servent;
- End of Lease - 2007-06-01 to 2017-05-31;
- Monthly Rent - $3,100;
- Type of Lease - Net;
- Area- 2950 sqft.

** Annual Potential Gross Revenue $37,200 (2016-08-24).

Attachments

Highlights

  • Le Plateau-Mont-Royal (Montréal): ▪ Near - Rue Laurier E
  • Proximity - Bicycle path, CEGEP, Highway, Hospital, Metro, Park, Public transportation, University.

Features

Interior Features

  • Hardwood Floors
  • Laminate Floors

Exterior Finish

  • Brick

Heating

  • Central Electric
  • Fuel Oil

Lot Features

  • Patio

Extra Features

  • Balcony
P2#210189082
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Information is deemed to be correct but not guaranteed.

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