Commercial condo for sale Montreal Downtown
RARE & UNIQUE in Montreal’s Golden Square Mile, 3 divided commercial condos facing Mcgill University and adjacent to the newly transformed Place de l’ave Mcgill College. Current annual revenue is 300K/yr, potential to increase to 1M+/year by exploiting a business in the city’s busiest and most sought after Sherbrooke street west location. ACT FAST!
- Location: Ville-Marie (Montréal), G
- Address: 900 Rue Sherbrooke O. APT R1-2-3
$ 0,00 / month
- Price: $9,488,000
- Category: Commercial
- Type: Commercial condo
- Number of floors: 10
- Construction year: 1915
- Facade of the building: 9 meters
- Building Depth: 18 meters
- Living area: 260 square meters
- Taxes not included: Yes
- Included: 2 storage rooms in basement plus 1 locker (see 3.1). 2 prestigious parking spaces (emphyteutic leases) with direct access to the interior. All permanent installations in the three locals including HVAC and kitchen extraction to roof for the 3 locals.
- Excluded: All tenant belongings
|Type of expenditure||Amount||Year||Frequency|
| Co-ownership fees
- Assessment year: 2020
- 3 commercial condos for sale together.
R01 Thé Perlé
Term: Jan 2025
Rent:$12,336.59 +taxes (14,184 tx incl) /month
Annual increase rent price 2.55%
Term: Dec 2022
Rent: $6,900.00 +taxes (7,933 tx incl) /month (first
refusal option for sale)
The new rental price after Dec 2022 would be higher, more
than $10 000 monthly.
R03 Noodle shop:
Term: August 2023
Rent: $8382.69 + taxes (9,638 tx incl) /month
Annual increase of 2%
Total condo fees: approx $1000/mo for 3 locals ( exact
amount to be confirmed)
Seller has installed new boiler for hot water usage of 3
locals, hot water fees are included in condo fees.
avenue Mcgill College is now the most prestigious and
attractive avenue in downtown Montreal!
- facing Mcgill U