4264-4274 Rue Saint-Denis 8 657 pi² 100% Loué Commerce de détail Immeuble Montréal, QC H2J 2K8 4 500 000 $ CAD (519,81 $ CAD/pi²)

10-UNIT BUILDING FOR SALE BY OWNER OR POSSIBLE EXCHANGE
PLATEAU-MONT-ROYAL, MONTREAL
Asking Price: $4,500,000
DIRECT SALE BY OWNER
NOT LISTED ON MLS
FLORIDA PROPERTY WANTED
Owner may consider an exchange for a Florida house, condominium, waterfront property, vacant lot or income-producing property.
Rare opportunity to acquire a prestigious mixed-use property consisting of 8 residential units and 2 commercial units, located in the heart of Plateau-Mont-Royal, one of Montreal's most sought-after neighbourhoods.
Ideally situated on famous Saint-Denis Street, the property is within walking distance of restaurants, cafés, shops, services and public transportation. Mont-Royal Metro Station is less than five minutes away.
This elegant limestone building offers timeless architectural character and excellent curb appeal. The property is maintained in remarkable condition and benefits from existing permits and authorizations allowing the operation of short-term tourist accommodations, a highly valuable asset given current regulatory restrictions in Montreal.
Current Operating Revenue
• Residential income: $17,700 per month
• Commercial income: $7,600 per month
• Total monthly income: $25,300
• Annual residential income: $212,400
• Annual commercial income: $91,200
• Total annual income: $303,600
The residential units are presently leased to a company specializing in short-term tourist accommodations. A purchaser may maintain this arrangement and continue receiving rental income without being involved in the day-to-day management of the tourism operation.
The property also offers significant development potential. Subject to approvals and verification, there may be opportunities to add additional residential units at the rear of the building and develop basement space beneath the commercial units, increasing both rental area and future revenue potential.
Property Highlights
• 8 residential units
• 2 commercial units
• Annual revenue of approximately $303,600
• Existing short-term rental permits already in place
• Prime Plateau-Mont-Royal location
• Development potential
• Partial seller financing available
Sale Terms
• Asking Price: $4,500,000
• Recent bank appraisal: $4,500,000
• Partial seller financing available
• Direct sale by owner
• Not listed on MLS
• Sale without legal warranty of quality, at buyer's risk
Additional photographs, financial information and supporting documentation may be provided to serious and qualified buyers following an initial discussion.
For additional information, please email:
capitalfamilial@gmail.com
Please include your name and contact information, and I will get back to you promptly.