$649,000
901 Rue Rachel E., Le Plateau-Mont-Royal, QC

Le Plateau-Mont-Royal (Montréal), Québec

MLS : 27837683

About This Property

Unique commercial condo with direct visibility on main artery in the Plateau. This strategic corner unit is inundated with natural light and offers generous fenestration. Presently leased until 2019 under net terms that yield handsome returns. Excellent investment with limitless potential.

Request More Information

Presented By

Property Facts

  • 2,873 ft2 / 266.90 m2 - Living space
  • Year Built 1949
  • $19,335 Taxes Municipal 2016
  • $978 Taxes School 2016

Additional Features

Water supply: Municipality, Sewage system: Municipal sewer, Zoning: Commercial

Addendum

Great opporunity to purchase a commercial ground floor with excellent return. The mortgage can be transferred. Very little downpayment is required to purchase the property. The current mortgage is $560000.
Only the ground floor commercial condo is offered for sale.
The lease terms are net with all property expenses assumed by the tenant.
Net Revenue: $55,200 Lease term: 5 years Option: one option of 5 Years Type of Lease: Triple Net Lease
Annual Rent: March 1, 2015 - February 28, 2016: $4600 per month March 1, 2016 - February 28, 2017: $4700 per month March 1, 2017 - February 28, 2018: $4800 per month March 1, 2018 - February 28, 2019: $4900 per month

Similar Propertiessearch all

Home/Quebec/Montréal/Le Plateau-Mont-Royal/MLS 27837683