Located on a bustling shopping street in Plaza St. Hubert, this commercial building offers a highly strategic position with easy access to metro stations and public transportation. The property has been recently renovated, featuring 26 units and indoor parking, making it an attractive option for businesses. Meticulously maintained by the owner, this building generates a potential rental income of $942,520, presenting an exceptional investment opportunity for investors seeking a reliable and profitable return.
97'6" X 79'11" Irregular
1977
Poured concrete
Aggregate , Brick
The building comprises 23 units.
Potential Revenue: $880,520
Expenses: $188,703
Net Revenue: $691,821
The occupancy rate is 96%.
There are two maintenance contracts: one for the HVAC units, including four annual visits, and one for the elevator, with monthly maintenance. The official environmental study of the land confirmed positive results for the building. Two complete central HVAC units on the roof were replaced in 2022. The lighting system has been upgraded to LED throughout the building, including common areas, stairwells, and 95% of the offices, which have been fully renovated. A live camera system and a main electronic entrance door with programmable remote locking and unlocking have also been installed. Thermostats allow for temperature control.
The buyer must adhere to the existing leases.
97'6" X 79'11" Irregular
1977
Poured concrete
Aggregate , Brick
97'6" X 89'7" Irregular
8,782.27 SF
Highway , Metro , Public transportation
Commercial
Electricity
Elevator(s) , Central air conditioning
Municipality
Municipality
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RE/MAX 2000 | 1620, boul. de l'Avenir, Laval (Laval-des-Rapides), Québec, H7S 2N4
Hello, my name is JAAF SERHAN INC., real estate broker. Contact me for more information.
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