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10plex for sale - Montréal (Ville-Marie) (Centre)
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10plex for sale - Montréal (Ville-Marie) (Centre)
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1151 - 1165 Rue Ontario E., Montréal (Ville-Marie) (Centre), H2L 1R3
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!
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Lot area:
6,485 SF - NUMBER OF ROOMS : 0
- Year built : 1931
Building details and property interior
96' X 70'
1931
Aluminum , PVC
Poured concrete
Concrete , Brick , Stone
Elastomeric membrane
Concrete , Wood
Addenda
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
Building details and property interior
96' X 70'
1931
Aluminum , PVC
Poured concrete
Concrete , Brick , Stone
Elastomeric membrane
Concrete , Wood
Lot and exterior features
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
Characteristics
Electric baseboard units
Electricity
Electrical input (200 amp) , Central air conditioning , Signs allowed , Alarm system , Central heat pump
Municipality , With water meter
Municipality
Financial details
Assessment (2021)
Taxes
- (2022)
- (2022)
Gross yearly revenu (potential)
Annual Expenses
NEIGHBOURHOOD STATISTICS
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10.9%
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17.6%
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7.9%
-
16.7%
-
46.9%
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0.2%
-
1.6%
-
2.0%
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73.1%
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23.1%
MORTGAGE PAYMENTS CALCULATOR
- These online tools were created to help you plan and achieve your goals, and to answer your housing questions. They are for personal use only.
- The results are based on the information you enter. Please contact your caisse advisor for more specific advice, for if you would like to apply for a loan or pre-approval.
-
Calculations are made using the following basic assumptions:
- The mortgage interest rate stays the same throughout the amortization period.
- The results of this calculator are estimates based on the general information you’ve entered. They can change depending on your financial situation and budget when the loan is granted.
- Note: This tool is intended to help you calculate and optimize your payments on a current mortgage loan, or one you are considering. These rates do not include any life or disability insurance. They are subject to change without notice. Some conditions apply.
Financial details
Assessment (2021)
Taxes
- (2022)
- (2022)
Gross yearly revenu (potential)
Annual Expenses
My name is JOELLE BITAR, RE/MAX real estate broker. How may I help you?
Do you have a question?
JOELLE BITAR
RE/MAX ACTION | 1225 avenue Greene, Westmount, Québec, H3Z 2A4
- Ofc. : 514-933-6781 |
- Cell. : 514-239-1414
- Fax : 514-933-5024
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Hello, my name is JOELLE BITAR, real estate broker. Contact me for more information.
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- These online tools were created to help you plan and achieve your goals, and to answer your housing questions. They are for personal use only.
- The results are based on the information you enter. Please contact your caisse advisor for more specific advice, for if you would like to apply for a loan or pre-approval.
-
Calculations are made using the following basic assumptions:
- The mortgage interest rate stays the same throughout the amortization period.
- The results of this calculator are estimates based on the general information you’ve entered. They can change depending on your financial situation and budget when the loan is granted.
- Note: This tool is intended to help you calculate and optimize your payments on a current mortgage loan, or one you are considering. These rates do not include any life or disability insurance. They are subject to change without notice. Some conditions apply.
