Revenue property for sale - Outremont
$10,650,000 +taxes

1075 - 1089 Av. Bernard, Outremont, Montréal

Listing brokers : Anouk Doktorczyk - Engel & Völkers ● Dounia Tiprus - Engel & Völkers ● # 20637794

1,412.9 mc

684.4 mc

1918

Description

Engel & Völkers is pleased to offer for sale the building located at 1075--1089 Bernard Avenue, in the heart of Outremont, consisting of 9 residential units and 2 commercial spaces. This property stands out for its exceptional location, its stable tenant base, and its potential for optimization.

Details

Driveway: Asphalt

Heating system: Electric baseboard units

Water supply: Municipality

Heating energy: Electricity

Distinctive features: Environmental study phase 1; Environmental study phase 2

Foundation: Concrete block

Proximity: Cegep; Daycare centre; Hospital; Park - green area; Elementary school; High school; Public transport; University

Parking (total): Outdoor (3)

Sewage system: Municipal sewer

Topography: Flat

View: Mountain

Zoning: Commercial; Residential

Addenda

A rare opportunity to acquire a prime semi-commercial building in the heart of Outremont. Located on prestigious Bernard Avenue, at the corner of Querbes Avenue, this well-maintained building features 9 spacious residential units and 2 commercial spaces.

Key Features:

* Approximately 15,208 sq. ft. of building area on a 7,366 sq. ft. lot.

* 9 residential units distributed as follows:
2 one-bedroom units;
3 three-bedroom units;
3 six-bedroom units;
1 seven-bedroom unit.

* 2 commercial spaces occupied by established tenants, including Renaissance.

* 3 to 4 outdoor parking spaces located at the rear of the building.

* C-2 zoning (commercial and residential) offering a wide variety of permitted uses.

Ideally located just steps away from shops, cafés, restaurants, schools, parks, public transit, and all the amenities Bernard Avenue has to offer, this building benefits from an exceptional location, strong rental demand, and solid long-term prospects.