6-PLEX semi-commercial units in Rosemont--La Petite-Patrie, located in the heart of a dynamic and high-traffic commercial area on Papineau Street. VERY STABLE INCOME and TENANTS ! The ground floor comprises 4 commercial spaces and three parking spaces. 2 loft-style residential units are located in the basement. Invest in this area of Rosemont-La Petite-Patrie, near Molson Park and Père-Marquette Park. Close to Fabre metro station and bus lines on Beaubien and Papineau Streets.
Sale with exclusion(s) of legal warranty - See listing broker(s)
Investment opportunity in Rosemont--La Petite-Patrie, on the vibrant Papineau section near the Beaubien intersection. Easy to manage, the building generates good income thanks to stable, long-term tenants.
*** Description of Commercial Premises ***
* Common Areas * Powder Room 5.2 x 3.6 ft ceramic tile Hallway 40 x 3.7 ft ceramic tile 7 electrical meters 400 amp electrical service entrance 2 air exchangers for residential units
* Premises * Unit #101: 37.3 sq m irregular x 10.1 ft laminate flooring Unit #103: 32.2 sq m irregular x 14 ft flexible tile flooring Unit #102: 29.8 x 9.9 ft laminate flooring Unit #104: 34.6 sq m irregular x 9.11 ft laminate flooring and flexible tile flooring
* Renewal * Unit #101: Same tenant as #103 - Lease ends August 31, 2027 with wall-mounted heat pump Unit #103: Same tenant as #101 - Lease ends August 31, 2027
Unit #102: Lease expires June 30, 2026 - Renewed for $510 + tax for 5 years until June 30, 2031
Unit #104: Lease expires May 31, 2026 - Renewed for 5 years until May 31, 2031 (amount to be determined)
The rear addition was built from scratch in 2012:
* Underpinning of the foundations with central concrete footings supporting an H-beam steel structure * The H-beams extend above the roof and are ready to support additional floors * The value of this work is over $100,000.
* Several renovations to the existing portion of the building were also completed in 2012: double-layer fire-resistant drywall, 100% new plumbing, and electrical work with a new service entrance. 400A, doors, windows, flooring, heat pump, etc.
* The front section of the roof covering (existing building) was replaced in 2017 (see invoice and warranty).
Building details and property interior
Dimensions
70' 4" X 26'
Year constructed
1910
Windows
Aluminum
Window Type
Sliding, Casement
Roofing
Elastomeric membrane, Asphalt and gravel
Basement
6 feet and more, Finished basement
Lot and exterior features
Lot size
95' X 26'
Lot area
2,470 ft²
Driveway
Unpaved
Parking (total)
Driveway (3)
Proximity
Daycare centre, Hospital, Metro, Park, Elementary school, High school, CEGEP
Room details
Unit 1 (Monthly residential revenue)
Living room
Level:
Basement 1
Dimensions:
20'0" X 9'3"
Flooring:
Laminate floor
Details:
Kitchen
Level:
Basement 1
Dimensions:
10'2" X 9'3"
Flooring:
Ceramic
Details:
Bathroom
Level:
Basement 1
Dimensions:
9'7" X 6'0"
Flooring:
Ceramic
Details:
Washer/dryer installation
Unit 2 (Monthly residential revenue)
Living room
Level:
Basement 1
Dimensions:
22'9" X 9'5"
Flooring:
Laminate floor
Details:
Kitchen
Level:
Basement 1
Dimensions:
14'5" X 5'6"
Flooring:
Ceramic
Details:
Bathroom
Level:
Basement 1
Dimensions:
8'8" X 6'8" irr.
Flooring:
Ceramic
Details:
Washer/dryer installation
Corridor
Level:
Basement 1
Dimensions:
44'0" X 3'6"
Flooring:
Ceramic
Details:
Common area
Workshop
Level:
Basement 1
Dimensions:
9'7" X 6'11"
Flooring:
Concrete
Details:
Common area
Unit 3 (Commercial)
Rooms not detailed
Unit 4 (Commercial)
Rooms not detailed
Unit 5 (Commercial)
Rooms not detailed
Unit 6 (Commercial)
Rooms not detailed
Characteristics
Heating System
Electric baseboard units
Heating Energy
Electricity
Property or unit amenity
Air exchange system, Wall-mounted heat pump