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$3,800,000 +GST/QST
ULS: 13978690

Residential for sale - Montréal (Ville-Marie) (Mille Carré Doré)

1185 Rue de la Montagne, Montréal (Ville-Marie) (Mille Carré Doré)
Situated in the heart of Montreal, this exceptional land offers a rare and lucrative opportunity for commercial and residential development. The property is strategically located near Concordia University, the iconic Centre Bell, and the bustling intersection of Metro Lucien-L'Allier and Guy Concordia.
Sale without legal warranty of quality, at the buyer's risk and peril.
Lot area 4,338 ft²

FRANCO CAMPISI

Real Estate Broker

RE/MAX DYNASTIE

LEONARDO CAMPISI

Residential and Commercial Real Estate Broker

RE/MAX DYNASTIE

Situated in the heart of Montreal, this exceptional land offers a rare and lucrative opportunity for commercial and residential development. The property is strategically located near Concordia University, the iconic Centre Bell, and the bustling intersection of Metro Lucien-L'Allier and Guy Concordia.

Property Details:

Land Size: 4,338 sqft
Zoning: Commercial on the main floor, residential condos as of the second floor
Maximum Building Height: 35 meters

Key Features:

Strategic Location: The property's proximity to Concordia University and key transportation hubs like Metro Lucien-L'Allier and Guy Concordia ensures high visibility and accessibility.

Mixed-Use Potential: With commercial space available on the main floor and the opportunity to build condos as of the second floor, this property is ideal for a mixed-use development that caters to both business and residential needs.

Maximum Height Allowance: The generous maximum height allowance of 35 meters provides developers with the flexibility to create a landmark building that maximizes both function and aesthetic appeal.

Thriving Neighborhood: The dynamic surroundings, including the Centre Bell and the lively urban atmosphere, contribute to the property's attractiveness for potential investors and residents alike.

Development Opportunities:

Commercial Spaces: Ideal for retail, office, or restaurant spaces to cater to the vibrant community and the influx of students from Concordia University.

Residential Condos: With the growing demand for urban living, capitalize on the opportunity to create modern and stylish condominiums on the upper floors, offering residents a blend of convenience and sophistication.
Lot area 4,338 ft²
Water Supply Municipality
Sewage System Municipality

Financial details

Municipal assessment (2018)

Lot assessment
$ 1,506,400
Building assessment
$ 4,700
Total
$ 1,511,100

Taxes

Municipal (2023)
$ 73,256
School (2023)
$ 1,571
Total
$ 74,827
Desjardins

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