$5,750,000 +GST/QST
ULS: 13425391
Commercial
for sale
7340 - 7380 Boul. Maurice-Duplessis, Montréal (Rivière-des-Prairies/Pointe-aux-Trembles) (Rivière-des-Prairies)
ANNUAL REVENUE: ± $680,540 - CAP RATE: 6.52% - NO MORTGAGE ASSUMPTION - BALANCE OF SALE AVAILBALE TO THE BUYER - SEE THE VIDEO. Building with a large outdoor parking with its own cadastral number - Total leasable area: 37,267 sq. ft. - 94% of the building is leased. The Government of Quebec occupies 45% of the building with a lease valid till 2031, plus a 5-year renewal option. Roof redone and HVAC system replaced approximately 5 years ago. The building is sprinkler-equipped, air-conditioned, and has an elevator. Only 2,125 sq. ft. remain available for lease. SEE THE VIDEO.
Sale with exclusion(s) of legal warranty - See listing broker(s)
Lot area
3,163.30 m²
ANTONINA CRECCO
Real Estate Broker
Addendum
NO MORTGAGE ASSUMPTION IS REQUIRED BY THE BUYER.
TO FACILITATE THE TRANSACTION, and if needed, SELLER IS WILLING TO OFFER A BALANCE OF SALE TO BUYER.
CAP RATE 6.52%
BUILDING'S CURRENT OCCUPANCY RATE IS 94%.
ONLY 2,125 SF ARE VACANT OUT OF A TOTAL RENTAL AREA OF 37,267 SF.
- The central HVAC system on the 2nd floor was changed in 2021.
- The building's roof was resurfaced in 2020.
RENT ROLL
* Daycare - area 3,260 sq. ft. - monthly rent $5,531
* Office - area 700 sq. ft. - monthly rent $1,550
* Store - area 2,650 sq. ft. - monthly rent $2,700
* Church - area 7,300 sq. ft. - monthly rent $8,581
* Beauty Salon - area 2,300 sq. ft. - monthly rent $3,327
* Government of Quebec - area 16,835 sq. ft. - monthly rent $26,593
* Dentist - area 2,097 sq. ft. - monthly rent $3,795
* Vacant second floor - area 1,100 sq. ft. - monthly rent $2,500
* Vacant ground floor - area 1,025 sq. ft. - monthly rent $2,135
Building details and property interior
Year constructed
1989
Lot and exterior features
Lot area
3,163.30 m²
Driveway
Asphalt
Parking (total)
Driveway (35)
Proximity
Highway, Public transportation
Characteristics
Heating System
Electric baseboard units
Heating Energy
Electricity
Property or unit amenity
Elevator, Central air conditioning, Sprinkler system
Water Supply
Municipality
Sewage System
Municipality
Financial details
Municipal assessment (2025)
- Lot assessment
- $ 1,265,300
- Building assessment
- $ 4,682,200
- Total
- $ 5,947,500
Taxes
- Municipal (2025)
- $ 189,961
- School (2025)
- $ 5,067
- Total
- $ 195,028
Annual expenses
- Insurance
- $ 15,717
- Other
- $ 12,340
- Total
- $ 28,057
Energy expenses
- Other
- $ 48,000
- Electricity
- $ 33,719
- Total
- $ 81,719
Inclusions and exclusions
Inclusions
None.
Exclusions
None.
Mortgage payment calculator
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