Le Plateau-Mont-Royal (Montréal)3964 Rue St-Denis

1
1,550,000 $ + taxes
Centris No. 11578931
Fully renovated, residential (60%)/commercial (40%) building on beautiful rue St-Denis. Fully rented with long term tenants. 4 residential studio lofts 1 commercial store front plus additional space (unit 102) attached to commercial space that receives separate rent.
Fully renovated, residential (60%)/commercial (40%) building on beautiful rue St-Denis.

Fully rented with long term tenants. 4 residential studio lofts 1 commercial store front plus additional space (unit 102) attached to commercial space that receives separate rent.

Each residential unit is equipped with its own fridge, stove, washer/dryer, wall mounted A/C unit and hot water tank. Tenants pay their own Hydro (heating/hot water/electricity) Each unit also has a storage locker in basement

The building was purchased in 1988 and in 2007, the complete interior of building was renovated and reconfigured to create 4 separate apartments (Studio/Lofts) The lot was divided into separate cadastres. Each unit residential and commercial has its own cadastre. Potential of establishing a divided or undivided co-ownership. (All details to be confirmed with Ville de Montreal)

Please note that the names of ALL 5 owners must appear on a Promise to Purchase.

Pictures shown are a mix of all 4 units to give an idea of the style of the lofts.

Please contact listing broker to discuss any visits to the building.

The square footage of the commercial space is between 1200 and 1300 sqft (gross leasable space) according to Notice of lease dated Nov 2015

Municipal assessment shown is that of new roll, 2019 taxes based on former roll ($1,145,000)

Due to the number of co-owners, please leave all offers open for a minimum of 4 days. Thank you.

Inclusions

4 stackable washer/dryer units, 4 refrigerators, 4 dishwashers, 4 stoves, 4 wall mounted A/C units (one of each in apartments 201/202/301/302)

Exclusions

All tenants` belongings in units 201-202-301-302. Entire contents of commercial space at unit 102 and 3964A Saint-Denis/Simplement D`Liche)

Location

Specifications

  • Heating systemElectric baseboard units
  • Water supplyMunicipality
  • Heating energyElectricity
  • Equipment availableWall-mounted air conditioning, Sign, Entry phone, Wall-mounted heat pump
  • SidingBrick, Stone
  • ProximityPublic transport
  • Sewage systemMunicipal sewer
  • Window typeFrench window
  • ZoningCommercial, Residential

Rooms

RoomStoreyDimensionsFlooringNotes

Assessment

  • Building evaluation982,299 $
  • Lot evaluation368,900 $
  • Evaluation total1,351,199 $
  • Assessment year2020

Taxes and other expenses

  • Maintenance / Repairment3,600 $
  • Municipal Taxes20,804 $
  • School taxes1,684 $

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