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1051-1061 Bernard Ave 14,717 SF 100% Leased Retail Building Outremont, QC H2V 1V1 $10,000,000 CAD ($679.49 CAD/SF)
Investment Highlights
- Semi-commercial property containing five street-level commercial units and twelve apartments.
- Long-standing mixed-use corridor offering excellent accessibility and long-term investment security.
- Positioned in Outremont on Avenue Bernard, providing strong pedestrian visibility and access to amenities.
Executive Summary
This investment property offers a rare opportunity to acquire a semi-commercial asset in Montréal’s coveted Outremont neighborhood. The building comprises five ground-floor retail spaces and twelve residential apartments, creating diversified income streams that enhance stability and future growth potential. With expected total annual revenue of $456,088 for 2025, this property provides investors with both immediate cash flow and strong long-term value appreciation.
Located on Avenue Bernard, a well-known commercial corridor, the property benefits from exceptional pedestrian activity, convenient transit access, and proximity to boutiques, cafés, and essential services. The submarket’s appeal is reinforced by its established residential base and vibrant local economy, making this property highly attractive for both investors and portfolio expansion. Built in 1924 and municipally assessed at over $6 million for 2024, the site occupies more than 14,700 square feet of building area on a 7,061-square-foot lot within a historically strong Montréal enclave.
Located on Avenue Bernard, a well-known commercial corridor, the property benefits from exceptional pedestrian activity, convenient transit access, and proximity to boutiques, cafés, and essential services. The submarket’s appeal is reinforced by its established residential base and vibrant local economy, making this property highly attractive for both investors and portfolio expansion. Built in 1924 and municipally assessed at over $6 million for 2024, the site occupies more than 14,700 square feet of building area on a 7,061-square-foot lot within a historically strong Montréal enclave.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
14,717 SF
Building Class
C
Year Built
1924
Price
$10,000,000 CAD
Price Per SF
$679.49 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.08
Lot Size
0.16 AC
Frontage
95’ on Bernard St W
Exceptionally walkable
100/100
Somewhat drivable
30/100
Exceptional public transit
90/100
Exceptionally bikeable
90/100
Nearby Major Retailers
1 of 3
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1051-1061 Bernard Ave
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