$1,196,000
ULS: 26076427
Commercial for sale - Montréal (Ville-Marie) (Village)
1016 - 1022 Rue Ontario E., Montréal (Ville-Marie) (Village)
Superb building, well maintained, offering a commercial unit (convenience store) & 4 residential housing units. The building offers very good income with lots of potential. Rent easily and quickly because it is very well located. It is close to restaurants, Lafontaine Park, the Bridge, public transportation, Beaudry Metro and Sherbrooke Metro. The commercial unit is currently operated directly by the owner who also sells the business. Get informed, it's a good opportunity to be doubly in business!
Sale without legal warranty of quality, at the buyer's risk and peril.
Lot area
210.30 m²
TANIA VASKELIS
Residential and Commercial Real Estate Broker
RE/MAX PRIVILEGE INC.
Addendum
Very well located building, ideally for investor or owner-occupier.
The first floor (including basement) of the building is commercial, the Brière convenience store has operated in this location since 1983. It has an excellent reputation in the sector, loyal customers, excellent revenues. Occupant owner currently seeking to dispose of the building and business to retire. It can guide the new owner on the operation of the first months - The convenience store's business is for sale (Centris #25019617 - commercial portion of the building is taxable (GST/TVQ)). It must be sold before with a new commercial lease or with the building.
At addresses 1016 and 1022, on the 2nd and 3rd floor are the residential accommodations well maintained over the years - Potential for rent increase.
*Renovations*
- Ground floor convenience store (2019)
- Small Roof (2019-10 year warranty)
- Large Roof (2016)
- Masonry (Facade 2010)
- Doors and windows (2010)
French version prevails
The first floor (including basement) of the building is commercial, the Brière convenience store has operated in this location since 1983. It has an excellent reputation in the sector, loyal customers, excellent revenues. Occupant owner currently seeking to dispose of the building and business to retire. It can guide the new owner on the operation of the first months - The convenience store's business is for sale (Centris #25019617 - commercial portion of the building is taxable (GST/TVQ)). It must be sold before with a new commercial lease or with the building.
At addresses 1016 and 1022, on the 2nd and 3rd floor are the residential accommodations well maintained over the years - Potential for rent increase.
*Renovations*
- Ground floor convenience store (2019)
- Small Roof (2019-10 year warranty)
- Large Roof (2016)
- Masonry (Facade 2010)
- Doors and windows (2010)
French version prevails
Building details and property interior
Dimensions
39' 4" X 21' 11" irr.
Year constructed
1876
Siding
Brick
Roofing
Asphalt and gravel, Elastomeric membrane
Lot and exterior features
Lot size
41' 5" X 60' irr.
Lot area
210.30 m²
Proximity
Highway, Metro, Public transportation
Characteristics
Heating System
Hot water
Heating Energy
Electricity, Natural gas
Property or unit amenity
Wall-mounted heat pump
Water Supply
Municipality
Sewage System
Municipality
Financial details
Municipal assessment (2023)
- Lot assessment
- $ 316,100
- Building assessment
- $ 422,700
- Total
- $ 738,800
Taxes
- Municipal (2023)
- $ 9,902
- School (2023)
- $ 576
- Total
- $ 10,478
Annual expenses
- Insurance
- $ 7,000
- Maintenance
- $ 2,500
- Total
- $ 9,500
Energy expenses
- Electricity
- $ 324
- Gas
- $ 3,843
- Total
- $ 4,167
Inclusions and exclusions
Inclusions
5 hot water tanks; gas furnace (Metropolitain) and water heating heaters; exterior lighting fixtures; Central system furnace and heat pump from the convenience store.
Exclusions
Effects of tenants.
Mortgage payment calculator
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