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Commercial condo for sale

mls 14741086
975 000 $+tx
368-372, Rue St-Paul O.
Montréal (Ville-Marie) / Old Montréal
Source : IMMOBILIER HIMALAYA REAL ESTATE CORP., Real Estate Agency
368-372, Rue St-Paul O., Montréal (Ville-Marie) / Old Montréal
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Commercial condo for sale

Commercial
1877 sq. ft. ground floor space in old montreal rue St-Paul. In the heart of the action in a residential and commercial condo building. Nice front windows, well illuminated. Restaurant tenant since 2010 and newly renovated, with a 72 000$ net lease.

Excluded

Tenant's belongings.

Features

Distinctive features
Other : Old montreal
Heating energy
Electricity
Sewage system
Municipal sewer
Type of business/Industry
Retail
Water supply
Municipality
Zoning
Commercial

Building

Year built1800
Living area1939 square feet

Income spaces

Commercial -
Units: 1, Area: 1877 Square feet

Evaluation (2017)

Building653 900 $
Lot81 200 $
Total:735 100 $

Expenses

 MonthlyYearly
Co-ownership fees480 $5 760 $
Municipal Taxes (2017)2 103 $25 232 $
School taxes (2017)106 $1 269 $
Total:2 688 $32 261 $

Addenda

A) Private Area : Found on the lease presently in force,
which indicates an area of 1877 square feet. On the
certificate of location I obtain 180,10 square meters, thus
1939 square feet.
B) Section 6.3 of the co-ownership agreement (co-owners'
responsabilities): Article 51-52 (civil responsability
insurance minimum 2 million $), Articles 92 (servitudes),
articles 97 (conditions as to the commercial privates
parts), article 16.2 which allows restaurant use under
certain conditions yet does not allow Bar or discotheque.
Other uses allowed by the city are accepted.
C) Semi-Net Lease: 6000$ per month + municipal taxes
(non-residential portion). Condominium fees and insurance
affecting the immovable are at the Lessor's expense.
D) Condo fees: The syndicat of co-ownership has supplied
the information as that the common charges on a monthly
basis are 240,09$ for the 368 unit and 240,09$ for the 372
unit.
E) Is located within the protected area of the old
montreal "Fait partie de l'aire de protection de
l'arrondissement historique du vieux montréal, tel
qu'apparaissant au reglement municipale de zonage."
(extracted from the certificate of localisation)
F) The basement of the restaurant is considered as a
"common area".
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Sébastien Dion
Immobilier & Hypothèque UN TOIT, Real Estate Agency
819-279-0909
514-550-0740

Your mortgage

Rates of the day
2.65%Variable rate
2.99%1 year term
3.24%3 years term
3.29%5 year closed

Loan-Mortgage: $
Down payment: $
% of interest rate: %
Amortization period: years
Payment frequency:  
 
Payment: $
Total of payments: $
Total of interests: $


CONTACT


Sébastien Dion
Courtier immobilier et hypothécaire
200, ave Principale
Rouyn-Noranda, Quebec  J9X 4R2
Canada
 

Phone: 
1-888-716-1508
Toll free fax: 
1-877-349-2959