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Commercial building - For sale

$1,329,000 Le Plateau Mont Royal

2265Z-2271Z Rue Sherbrooke E. H2K1E4
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Commercial building/Office - 2265Z-2271Z Rue Sherbrooke E.

Reference : #15557668
514-886-3173

Here is a magnificent building located on the Plateau Mont-Royal, a stone's throw from all services. All the accommodations have retained their character of yesteryear, the high ceilings, the original light fixtures, the stained glass windows, etc. Its dual zoning allows it to accommodate residential or commercial tenants! Please note that this very beautiful property offers you rental income of more than $87,000 by year and numerous renovations have been carried out over the years. The accommodations are large and very well maintained and all have an entrance for a washer and dryer as well as a very practical balcony!

Splendid 4plex on the Plateau-Mont-Royal, ideally located just a few steps from Baldwin Park and close to Lafontaine Park. The 2nd and 3rd floor units (addresses: 2265 and 2267) offer a generous amount of approximately 1,450 square feet.

The ground floor accommodation (address: 2269) also offers a living area of approximately 1,450 square feet and benefits from significant additional storage space, comprising a third of the basement (the furnace + the 4 heaters). -water is there) (which is not included in the habitable surface area).

The semi-basement accommodation (address: 2271) offers a living area of approximately 850 square feet, as part of it is reserved for ground floor accommodation. Each apartment retains its original charm thanks to high ceilings, old-fashioned light fixtures, hardwood floors, moldings, woodwork and stained glass windows.

This magnificent 4plex is located in an area of the city that allows residential and commercial use (see attached map). However, it is recommended that the buyer check the City's specific requirements if they plan to use any of the units for commercial purposes.

Here is the list of various renovations undertaken over the years:
- most of the plumbing redone,
- municipal water inlet valve was changed in 2018
- electricity completely redone with installation of new 200 amp electrical panels in each accommodation including grounded electrical outlets
- repointing of the bricks ahead in 2017
- front balconies redone and painting in 2017
- replacement of chair rails, spandrels and lintels in 2017
- new furnace in 2019
- new elastomeric membrane roof in 2022
- division of double living rooms into 2 separate rooms in accommodation 2265 and 2269
-4 new water heaters rented from Hydro-Solutions in 2017

Here is an ideal opportunity to become the owner of a very well-maintained building which will provide you with very attractive residential and commercial income if that is your decision!

This sale is made without legal guarantee of quality at the risk of the buyer.

At the seller's request, visits will only be made following a promise to purchase accepted with proof of mortgage prequalification. Promises to purchase must be sent to the listing brokers. Offers must be open for a minimum of 72 hours.

Apartment at 2265: photos no. 5 to 16.
Apartment at 2267: photos no. 17 to 27.
Apartment at 2269: photos no. 28 to 40.
Apartment at 2271: photos no. 41 to 45 (semi-basement loft).


INCLUSIONS
2265; Stacked washer and dryer 2271; Stove

EXCLUSIONS
All tenants' belongings as well as the 4 water heaters rented from Hydro Solution.

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General Information
For sale
Type Commercial building
Price $1,329,000
Reference 15557668
Unit(s) 4
Year of construction 1931
Municipal tax $8,761 / year
School tax $1,139 / year
Land 3 022.5 sq
Sewage system Municipal sewer
Water supply Municipality
Foundation Poured concrete
Roofing Elastomer membrane
Siding Brick
Heating energy Electricity
Natural gas
Basement 6 feet and over
Rental appliances Water heater
Distinctive features Environmental study phase 1
Environmental study phase 2
Proximity Highway
Public transport
Type of business/Industry Service
Zoning Commercial
Residential
Type of property Commercial building/Office
Type of building Attached
Building dimensions 66.8 x 26.1 pi (irregular)
Land dimensions 28.0 x 114.1 pi (irregular)
Municipal evaluation
Year 2023
Land Evaluation $381,900
Building Evaluation $1,063,000
Total $1,444,900
Taxes
Municipal Taxes (2023) $8,761
School taxes (2023) $1,139
Total $9,900
Composition
Unit Type Total Total vacant Surface Description
Résidentielle (6½)
Résidentielle (6½)
Résidentielle (6½)
Résidentielle (4½)
Reference :
#15557668

Certified Real Estate Broker AEO
514-886-3173





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