$799,000

Residential with possiblity to have a business for sale - Montréal (Rosemont/La Petite-Patrie) (Vieux-Rosemont)

$799,000

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$799,000

Residential with possiblity to have a business for sale - Montréal (Rosemont/La Petite-Patrie) (Vieux-Rosemont)

$799,000

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3865 Av. Laurier E., Montréal (Rosemont/La Petite-Patrie) (Vieux-Rosemont), H1X 1W2

Unique property in coveted Vieux Rosemont that will appeal to investors, owner occupants, business entrepreneurs, and artists alike. Presently permitted and operating as a duplex, the zoning allows from 1 to 4 residences or one commercial space with 1 or 2 residences. The large windows, great luminosity, vintage terrazzo floors in the very large studio space, exceptionally high ceilings, full height basement, large two bedroom suite and one bedroom suite with quaint loft are sure to charm you. Easy occupancy as both tenants are on leases of indefinite period. A visit will entice you. See the addendum for further details.

  • Lot area: 1,378 SF
  • NUMBER OF ROOMS : 13
  • Year built : 1950
JOANNE BIRTZ
Certified real estate broker
Brokers tranquilit
Building details and property interior
Particularities plusParticularities minus

78' X 17' Irregular

1950

904.17 SF

Poured concrete

Concrete , Brick , Stucco

Elastomeric membrane

Addenda
Particularities plusParticularities minus

Discover the possiblilities!

Presently permitted and operating as a duplex, the zoning allows from 1 to 4 residences or one commercial space with 1 or 2 residences.

There are endless uses for the large open corner space with frontage on both Bourbonnière and Laurier, very high ceilings, original terrazzo flooring, its own entrance, two large street front windows, a two-piece bathroom, a kitchenette and access to the large basement from residential loft to artist studio to any business allowed in the commercial zoning.

Presently the owners rent out the second storey two-bedroom apartment and the one-bedroom furnished apartment with loft on the back part of the main floor, keeping the large open area at the front and the basement for their own use.

With access in place to the main floor suite, the high ceiling open space is as perfect as a separate rental space as it is for an owner occupant or a tenant of the one bedroom looking to have a loft or a commercial wing to the residence.

Furthermore, an owner occupant looking for commercial/studio space can acquire this property for as low as $55,000 down, 5% on first $500,000 and 10% on the balance, without having to pay GST or PST for a commercial space and still profiting from the rental revenu of the second suite.

To use the main floor open area as a private use studio or office part of the residence, there does not have to be any changes made to the present permitted use.

To operate a business on the main floor, the business must have a minimum of 50 square meters and the second storey apartment must remain as a residential suite which in turn must have access to a 7 square meters outdoor area dedicated for its private use.

Providing the second storey with a private outdoor space could be accomplished by either building a rooftop terrace or converting the mezzanine loft of the one-bedroom suite to a covered balcony open on two sides. Design plans for a rooftop terrace were commissioned by the present owners and are available. Of course, permits would be required from the borough for a change in use and for construction, however this use falls under the present permitted uses.

The commercial space could encompass all the main floor or any area beyond the minimum 50 square meters and the rest could remain as a second residential apartment.

Furthermore, the zoning also allows from 1 to 4 residences, allowing for a single-family residence with personal studio space or converting the property to a triplex where the large open area becomes a true loft style apartment. In either case, a permit for change of use would be needed from the borough.

Let your desires become reality!

Note: Although all the suggestions fall in the permitted uses of the zoning, they are not guaranteed and all changes of use must be applied for and permitted by the borough.

Building details and property interior
Particularities plusParticularities minus

78' X 17' Irregular

1950

904.17 SF

Poured concrete

Concrete , Brick , Stucco

Elastomeric membrane

Lot and exterior features
Particularities plusParticularities minus

78' X 17' Irregular

1,377.78 SF

Flat

Commercial , Residential

Room details
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Unit Room Level Dimensions Flooring Description
1 (app.) Living room 2nd level 17'2" X 10'2" irr. Wood
1 (app.) Bedroom 2nd level 12'10" X 11'2" irr. Wood
1 (app.) Bedroom 2nd level 11'9" X 9'7" irr. Wood
1 (app.) Kitchen 2nd level 19'7" X 16'4" irr. Ceramic
1 (app.) Bathroom 2nd level 8' X 4' irr. Ceramic
2 (app.) Kitchen 1st level/Ground floor 20'1" X 10' irr.
2 (app.) Bedroom 1st level/Ground floor 15'5" X 15'1" irr.
2 (app.) Bathroom 1st level/Ground floor 8'2" X 5' irr.
2 (app.) Mezzanine 2nd level 20'1" X 10' irr.
3 (app.) Large loft with commercial potential 1st level/Ground floor 33'2" X 18'8" irr.
3 (app.) Powder room 1st level/Ground floor 5' X 4'
3 (app.) Family room Basement 1 22'1" X 18'6" irr.
3 (app.) Storage Basement 1 25' X 19' irr.
Characteristics
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Forced air

Natural gas

Wall-mounted heat pump

Municipality

Municipality

Included & Excluded
Particularities plusParticularities minus

The list of included items is provided upon request and is available to brokers as a document attached to the listing.

Not specified

Financial details
Particularities plusParticularities minus
Assessment (2021)
Taxes
  • (2023)
  • (2022)
Gross yearly revenu (potential)
Annual Expenses
Energy
3865 Av. Laurier E., Montréal (Rosemont/La Petite-Patrie) (Vieux-Rosemont), H1X 1W2
NEIGHBOURHOOD STATISTICS
  • Statistics Person living alone
  • Statistics Families with children
  • Statistics Families with no children
  • 14.8%
  • 20.5%
  • 11.7%
  • 17.7%
  • 35.4%
  • 0.3%
  • 4.6%
  • 14.6%
  • 77.5%
  • 3.0%
UnilingualFrenchUnilingualEnglishBilingual(fr/en)Other 0% 10% 20% 30% 40% 50% 60% 70% 80% 90%100%
  • Statistics Household
  • Statistics Individual
  • Statistics Owners
  • Statistics Renters
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JOANNE BIRTZ
Certified real estate broker
Brokers tranquilit

MORTGAGE PAYMENTS CALCULATOR

Financial details

Assessment (2021)
Taxes
  • (2023)
  • (2022)
Gross yearly revenu (potential)
Annual Expenses
Energy
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