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Investment Highlights

  • Occupied by a nationally recognized AAA tenant with a 17-year history at the location.
  • Five-year renewal option starting January 2027 at a competitive net rental rate.
  • Current lease runs through December 2026, providing $134,000 in annual net income.
  • Premier location on Boulevard St-Laurent in the Plateau-Mont-Royal district, renowned for cultural and retail vibrancy.

Executive Summary

This fully leased ground-floor retail property, located in the vibrant Plateau-Mont-Royal neighborhood, presents a stable investment opportunity supported by a long-standing AAA tenant. Occupied by Jean Coutu for 17 years, the property benefits from consistent income and is secured by a lease extending through December 31, 2026, with net revenue of $134,000 annually. A five-year renewal option commencing January 2027 at a net rate of $36.00 per square foot provides future income predictability.
Positioned along Boulevard St-Laurent, one of Montréal’s most dynamic commercial corridors, the property captures high pedestrian and vehicle traffic, ensuring sustained visibility and tenant success. The surrounding area is a hub for commerce, culture, and dining, further enhancing the property’s value proposition for long-term ownership. Municipal services, including water and sewage, as well as condominium-controlled maintenance, simplify operational oversight. Offered at $2,395,000 plus GST and QST, this asset combines a secure income stream with an irreplaceable location in a high-demand submarket.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Drug Store
Building Size
6,496 SF
Year Built
1987
Price
$2,395,000 CAD
Price Per SF
$368.69 CAD
Cap Rate
5.59%
NOI
$134,000 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.71
Lot Size
0.21 AC
Frontage
133’ on Pins Ave

Amenities

  • Bus Line
  • Metro/Subway
  • Signage
Exceptionally walkable
100/100
Fairly drivable
50/100
Exceptional public transit
100/100
Exceptionally bikeable
100/100

Nearby Major Retailers

Tim Hortons
Second Cup Cafe
TD Canada Trust
Banque Scotia
Thai Express
Anytime Fitness
Küto - Comptoir à Tartares
Starbucks
Provigo
Metro
  • Listing ID: 40879192

  • Date on Market: 2026-06-11

  • Last Updated:

  • Address: 3745-3755 Boul Saint-Laurent, Montréal, QC H2W 1X8

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