Rev Brut 121500$, Expenses 30291$. Excellent investment opportunity offering great value in a strategic location. Two-storey commercial building occupied by long-established, reputable tenants, ensuring stable rental income and solid returns. The property has been fully renovated and well maintained over the years. It includes 11 parking spaces at the rear - a rare advantage in this area. Located in a rapidly developing sector near the Victoria and Jacques-Cartier bridges, the property enjoys high visibility on a busy main road.
91'3" X N/A Irregular
1909
Aluminum , PVC
Poured concrete
Aluminum , Brick
Elastomeric membrane
Low (less than 6 feet)
Gross Income = 121500$
Expenses = 30291$
Net = 91209
Excellent investment opportunity offering great value in a strategic location. Two-storey commercial building occupied by long-established, reputable tenants, ensuring stable rental income and solid returns. The property has been fully renovated and well maintained over the years. It includes 11 parking spaces at the rear - a rare advantage in this area. Located in a rapidly developing sector near the Victoria and Jacques-Cartier bridges, the property enjoys high visibility on a busy main road.
*List of Work Completed Since May 2024:**
**2024
- Replaced 5 water heaters (out of 7)
- Completely overhauled the plumbing in the basement and replaced all questionable pipes and fittings
- Poured new concrete support pillars in the basement of unit 84
- Repaired exterior staircase (welding, painting) and anchored it to the building
- Full inspection of the building's electrical systems
- Replaced the main electrical panel for unit 80
- Replaced the electrical panel for unit 78-B-101
- Repainted the parking lot lines
- Complete caulking of the glass canopy
- Installed new ceramic flooring at the entrance of 78-B
- Repaired and repainted the entire atrium of 78-B
- Installed a thermostatic fan in the glass canopy gable for better temperature control
- Replaced wooden roof cable supports with galvanized steel brackets
- Full perimeter inspection and replacement of caulking where needed
- Installed a new sump pump in the basement of 78
- Installed a new terrace light fixture at 82
- Installed a new control system for the exterior parking lights
***2025
- Repaired plaster and fully repainted unit 78-B-102
- Repaired and partially rebuilt the rear rooftop terrace
- Fully stained the rear rooftop terrace
- Complete renovation of unit #82 (residential rental apartment)
- Excavated and replaced the sealed basement window panels
- Waterproofed the foundation up to the level of the sealed windows (entire front façade)
- Fully rebuilt the front facade (steps, railings, guardrails, planters, etc.)
91'3" X N/A Irregular
1909
Aluminum , PVC
Poured concrete
Aluminum , Brick
Elastomeric membrane
Low (less than 6 feet)
100' X 112'
Asphalt
Driveway : 11
Metro , Public transportation
Commercial , Residential
Electric baseboard units
Electricity
Municipality
Municipality
Not specified
Tenant Articles.
My name is JEAN-PHILIPPE LOISELLE, RE/MAX real estate broker. How may I help you?
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RE/MAX DYNAMIQUE | 5501 de Verdun, Montréal (Verdun/Île-des-Soeurs) (Verdun), Québec, H4H 1K9
RE/MAX DYNAMIQUE | 5501 de Verdun, Montréal (Verdun/Île-des-Soeurs) (Verdun), Québec, H4H 1K9
Hello, my name is JEAN-PHILIPPE LOISELLE, real estate broker. Contact me for more information.
Hello, my name is IGOR JOVANOVIC, real estate broker. Contact me for more information.
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