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$1,000,000 +GST/QST
ULS: 18085876

Co-ownership for sale - Montréal (Ville-Marie) (Vieux-Montréal)

510 Boul. St-Laurent app. PH-500, Montréal (Ville-Marie) (Vieux-Montréal)
PENTHOUSE LEVEL of the Sieur-de-Cadillac building! AAA Location! Magnificent office condo fully furnished, renovated with style offering 37 work stations, 2 closed offices, a server room, an inviting kitchen, lots of windows on 2 sides with views and a cathedral ceiling! Facing the Montreal Courthouse and at a stone's throw from Place d'Armes metro station, Palais des Congrès, Quartier des spectacles, Gare Viger, parcs and a wide variety of restaurants, as well as everything making the Old Port irresistible! Love the condo but need more space? Add suite 400 Centris #13058705. The zoning may allow a residential conversion (to be validated).
Sale without legal warranty of quality, at the buyer's risk and peril.

DIANE SABOURIN

Certified real estate broker

RE/MAX L'ESPACE

OLD MONTREAL - AAA LOCATION -
PENTHOUSE LEVEL of the Sieur-de-Cadillac building!

Magnificent office space held in divided co-ownership, fully furnished and in a turnkey condition, renovated with style and quality materials and occupying the top floor of the building.

This commercial office condo is ideal for high-tech companies, marketing and media services, call centers and other businesses looking for a trendy, friendly and mainly open space.

Currently: open area furnished with 37 workstations, 2 closed offices, a server room and an inviting kitchen at the entrance. Generous windows on 2 sides with views, as well as high cathedral-type ceilings!

Hi-Tech specs: separately refrigerated server room in condo, with Cat-5e cabling throughout. Fibre into the building, 1Gbps service in place for the building itself (aside from what tenants have).

Access to the building, the elevator and the condo works with a key/chip system. Separate men's and women's bathrooms, also recently tastefully renovated, are on the floor near the elevator.

The building is located at the corner of boul. Saint-Laurent and rue Notre-Dame, directly opposite the Montréal's Courtroom and a stone's throw from the Place d'Armes metro station, the Palais des Congrès, the CHUM, Place Gare Viger, Montreal City Hall, the Quartier des Spectacles and a wide variety of restaurants and hotels of all kinds, as well as only 2 steps away from the irresistible Old Port area. What a fantastic lifestyle for all your employees!

Uses of the premises: offices (including offices for medical or paramedical services), all subject to municipal rules and regulations and those of the Syndicat des copropriétaires de l'édifice Sieur-de-Cadillac. According to zoning M.7C, a residential use could be allowed for suite 500. Any verification to this effect is at the expense and full responsibility of the buyer and must be verified within his due diligence period.

LOVE THIS CONDO BUT NEED MORE SPACE?
See online listings #13058705 for suite 400.

SELLER'S COMMITMENT: Expertise and masonry and cornices work are underway on the facades of the building in order to preserve and increase the value of the building in the historic district of Old Montreal, which are expected to be completed beginning of 2024 along Notre-Dame street and at Summer 2024 along Saint-Laurent blvd.

In this regard and following a general meeting of co-owners held on May 10, 2023, the seller paid in full in June 2023 the special contributions voted for suite 500, this representing a sum of $223,813 according to its share in the syndicate (please refer to form AM 91128 and the minutes of the meeting of May 10, 2023 available through the listing broker).
Dimensions 77' 3" X 40' 3" irr.
Year constructed 1905
Living area 251.70 m²
Siding Masonry repair work in progress, Brick, Stone
Roofing Redone in 2016
Dividing Floor Concrete
Distinctive Features Top floor, Street corner
Proximity Montreal Courthouse, Palais des Congrès, CHUM, Highway, Metro, Public transportation
Heating System Included in condo fees, Hot water
Property or unit amenity Central air conditioning, Elevator, Alarm system, Sprinkler system, Intercom
Water Supply Municipality
Sewage System Municipality

Financial details

Municipal assessment (2021)

Lot assessment
$ 233,500
Building assessment
$ 817,900
Total
$ 1,051,400

Taxes

Municipal (2024)
$ 27,121
School (2023)
$ 905
Total
$ 28,026

Annual expenses

Insurance
$ 1
Common expenses
$ 12
Condominium fees
$ 25,392
Total
$ 25,405

Energy expenses

Electricity
$ 2,794
Total
$ 2,794

Inclusions

Window blinds, dishwasher and furniture in the premises.

Exclusions

Fridge, computers, equipment and tenant's belongings in the premises.

Desjardins

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