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$8,900,000 +GST/QST
ULS: 12364843

Commercial for sale
12415 - 12421 Boul. Lacordaire, Montréal (Montréal-Nord)

The Complexe médical Montréal-Nord is a new rental building on a large 22,827 sq. ft. lot offering excellent visibility at the corner of Lacordaire and Léger boulevards. Leasable space of 36,240 sq. ft. on which 22,893 sq.ft. is under leases. Garage of 35 spaces in basement and 24-space covered outdoor parking. Prime tenants with long-term leases: CIUSSS du Nord-de-l'Ile-de-Montréal, Clinique médicale Désy (GMF), Radiologix, Physio-Expert, Rue Action prévention Jeunesse, Telus Communications (roof antenna). Available spaces: 201, 302 & 303 totaling 13,347 sq. ft. in leasable space. Ideal for owner-occupants or savvy investors.
Sale with exclusion(s) of legal warranty - See listing broker(s)
Lot area 22,827 ft²
12415-12421 Boul. Lacordaire (CMMN)

Recent rental building primarily intended for medical use on a large lot of 22,827 sq. ft., offering excellent visibility at the corner of Lacordaire and Léger boulevards, with a bus stop at the door and easy access to highways and major roads.

Approximately 36,240 sq. ft. of leasable space, of which 22,893 sq. ft. are currently leased. Basement garage with 35 spaces and 24 covered outdoor parking spaces.

LEASED PREMISES:

-12415, CIUSSS du Nord-de-l'Île-de-Montréal: 3,450 sq. ft.
- 5800 Léger Blvd-Rue Action Prévention Jeunesse: 2,543 sq. ft.
-12421 #202: Physio-Expert, 3,410 sq. ft.
-12421 #203: Clinique médicale Désy (GMF), 9,841 sq. ft.
-12421 #301: Radiologix, 3,649 sq. ft.
-12421, Telus Communications for a rooftop antenna

Please note that certain leases include exclusivity clauses and may be subject to modifications.

RENT: All leases (except Telus) include a Base Rent and an Additional Rent (operating expenses, property taxes). The CIUSSS is also paying, until April 2033, a monthly supplementary rent of $7,834 as reimbursement for tenant improvements funded by the landlord.

VACANT SPACES:

- 201: 1,900 sq. ft. (see Centris #24129911)
- 302/303: total of 11,450 sq. ft., currently divided into 2 units but can be subdivided into up to 5 units (see Centris #14608936)

This opportunity is ideal for an owner-occupant or for savvy investors.

Note: The 2026 municipal taxes issued are based on an adjusted taxable value of $10,139,000.

Built with a medical vocation under a Special Planning Program (PPU), certain usage restrictions apply. However, additional uses were authorized following a PPCMOI approved on December 1, 2025, allowing other uses such as architects, engineers, psychologists, physicians, dentists, social workers, etc. The buyer will be fully responsible for verifying with the appropriate authorities the uses permitted under applicable regulations.

As part of due diligence, the buyer will also be responsible, at their own expense, for carrying out all verifications and inspections deemed necessary or useful, including but not limited to title, zoning, leases, income, expenses, physical condition of the building, financial analyses, required work, etc.

The rent roll, operating expense budget, and other documents are available upon signing a confidentiality agreement. Please note that certain documents are only shared upon acceptance of a Promise to Purchase.

NO VISITS WITHOUT APPOINTMENT. Prior written confirmation from the listing broker is required. Out of respect for tenants, visits to leased spaces will only be permitted upon acceptance of a Promise to Purchase.
Dimensions 180' X 92' irr.
Year constructed 2023
Windows Aluminum
Siding Brick, Aluminum, Architectural blocks
Roofing Telus antenna on roof, Elastomeric membrane
Dividing Floor concrete on steel structure
Garage Built-in, In basement
Basement 6 feet and more, Garage, mechanical/electrical room, locker, Finished basement
Lot size 262' X 116' irr.
Lot area 22,827 ft²
Distinctive Features High visibility, Street corner
Driveway Asphalt, Covered parking
Parking (total) Garage (35), Driveway (24)
Proximity Metro, Commuter train, Public transportation, Schools, parks, restaurants, Desjardins, etc, Highway
Heating System Electric baseboard units, Forced air
Heating Energy Natural gas, central A/C, Electricity
Property or unit amenity Wall-mounted air conditioning, Elevator, Fire detector (O), Electrical input (600, 600), Alarm system
Water Supply Municipality
Sewage System Municipality
Environmental Study Phase 1 (2019, 8), Phase 2 (2019, 10)

Financial details

Municipal assessment (2024)

Lot assessment
$ 1,208,800
Building assessment
$ 7,808,200
Total
$ 9,017,000

Taxes

Municipal (2026)
$ 316,580
School (2025)
$ 8,992
Total
$ 325,572

Inclusions

all connected equipment in place necessary for the proper functioning of the building

Exclusions

all equipment and furnishings of the tenants of the building, all equipment which is not on site in the common areas and in any vacant premises

Desjardins

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