Commercial condo
5259 - 5263, Av. du Parc, Le Plateau-Mont-Royal (Montréal) H2V 4G9

Centris® #27130141
$ 1,825,000 +tx

Description

Commercial co-ownership property of approximately 1,817 sq. ft., in a four-storey divided co-ownership building with 26 residential co-ownership units and 1 commercial co-ownership unit on the ground floor, well located on a busy artery in the trendy Mile-End district, between Fairmount Avenue West and Saint-Viateur Street West, with two quality tenants, namely a SAQ branch, a AAA category tenant and the IN GAMBA Café. Including three registered parking spaces, including a garage space and two outdoor parking spaces.

Addendum

IN ACCORDANCE WITH THE SELLER'S ANNEX, THE NOTARY WILL BE APPOINTED BY THE SELLER WITHOUT EXCEPTION.

- A deposit of $ 10,000.00 and Vendor's Schedule is required with any offer submitted.

- The notary will be appointed by the Seller without exception. The Buyer will assume all notary fees related to the sale.

- Allocate an acceptance period of 72 irrevocable working hours to any offer submitted.

- The Vendor's Schedule is an integral part of the property listing.

- No guarantee of capacity for all measures, dimensions and areas. See the listing broker for more information.

*1. The information relevant to the leases of the present tenants could be given to all potential buyers following the signing of a Confidentiality Disclosure Agreement - Non Disclosure Agreement (CDA-NDA) by them and conditional on the authorization of the seller according to its directives, and this at its discretion.

This commercial condominium is located on a renowned commercial artery in the Mile End District, which is one of the emblematic districts of Montreal's diversity and creativity, a harmonious, multi-ethnic, artistic, friendly, energetic, and unusual living environment, Mile End is a condensed reflection of the Montreal metropolis.

Many of the neighbourhood's businesses are destination businesses. The commercial condominium is located in a homogeneous sector on Parc Avenue where there are mainly semi-commercial buildings with businesses on the ground floor and residential units on the upper floors as well as businesses of various categories that create a significant attraction in terms of customers for this micro-market.

The cross streets are of a homogeneous category composed mainly of buildings with residential vocations of the type, condominiums, duplexes, triplexes, etc., and of a high density, allowing for a significant population pool near the commercial condominium.

Near Mount Royal Mountain and quick access to downtown Montreal.

Close to the public transportation network by bus and metro.

The primary attraction zone of this commercial co-ownership, that is, the immediate sector (micromarket / local offer) is mainly within a distance visited by a clientele within a radius of a few kilometers.

The secondary attraction zone is within a distance visited by a clientele within a radius of several kilometers.

The tertiary attraction zone is within a distance visited by a clientele within a radius of tens of kilometers, mainly by a clientele travelling for work or for their leisure.

This commercial property is subject to a proportion of 100% of the goods and services tax (GST) and the Quebec sales tax (QST).

Sale without legal warranty of quality, at the buyer's risk

Description sheet

Nb. of rooms
 
Nb. of bedrooms
0
Nb. of bathrooms and powder rooms
0 + 0
Building type
Attached 
Property type
Commercial condo 
Year built
2007 
Building size
 
Living area
1,817.70 square feet 
Lot size
 
Lot area
 
Quebec cadastre
 
Condominium type
Divided 

Inclusions

There is no inclusion; neither inside; nor outside.

Exclusions

According to Vendor's schedule - Sale under judicial authority.

Features

 
Driveway
Asphalt
Easy access
Elevator
Parking
Garage : 1
 
Outdoor : 2
Proximity
Public transport
Sewage system
Municipal sewer
Water supply
Municipality

Assessment, Taxes and Expenses

Municipal assessment
Year
2024
Building assessment
$ 2,140,700
Lot assessment
$ 413,400
Total
$ 2,554,100
Annual taxes and Expenses
Co-ownership fees
$ 1
Municipal Taxes
$ 71,731
School taxes
$ 2,120
Total
$ 73,852
Top  
 
514-992-8291
514-989-3131
 

Photos - No. Centris® #27130141
5259 - 5263, Av. du Parc, Le Plateau-Mont-Royal (Montréal) H2V 4G9

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