Revenue property for sale - Downtown
$3,388,000  

1650 - 1656 Rue Ste-Catherine E., Downtown, Village, Montréal

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Listing broker: Audrey Hammond - Engel & Völkers ● # 27571945
1
8
4,413.2 pc
1875

Description

NEW PRICE, RARE OPPORTUNITY IN THE HEART OF THE VILLAGE 1650-1656 Ste-Catherine E. & 1353-1359 De Champlain, semi-commercial building strategically located just steps from the metro, shops, restaurants, and services. Composition: 6 spacious 6½ residential units with strong rental demand + 2 commercial spaces generating excellent revenues. Well-maintained building, same owner since 1988. Exceptional location on a corner lot offering maximum visibility and accessibility. A solid asset with strong optimization potential.

Details

Driveway
Asphalt
Heating system
Electric baseboard units
Water supply
Municipality
Heating energy
Electricity
Equipment available
Wall-mounted air conditioning
Distinctive features
Environmental study phase 1
Street corner
Foundation
Poured concrete
Proximity
Cegep
Daycare centre
Hospital
Park - green area
Bicycle path
Elementary school
High school
Public transport
University
Siding
Aluminum
Brick
Basement
6 feet and over
Parking (total)
Outdoor (1)
Sewage system
Municipal sewer
Roofing
Elastomer membrane
Topography
Flat
Zoning
Commercial
Residential

The full address is 1650--1656 Sainte-Catherine Street E. & 1353--1359 De Champlain Street.

ADDITIONAL INFORMATION

Prime location: Situated directly across from the redevelopment project of the Îlot TVA -- an area benefiting from major investment and large-scale transformation, which is expected to increase property values and rental demand in the coming years.

Mixed-use income property: Consisting of 6 large 6½ residential units with a high occupancy rate, plus 2 commercial storefronts offering excellent visibility.

Well-maintained asset: Same owner since 1988, with consistent upkeep and improvements over the years.

Strategic corner lot: Located at the intersection of Ste-Catherine E. and De Champlain Streets, providing exceptional visibility and accessibility.

Tax details: GST and QST apply only to the commercial portion (ground floor).

Legal notice: Sale made without legal warranty of quality, at the buyer's risk and peril.

A rare opportunity to acquire a profitable, well-located property in one of Montréal's most dynamic and rapidly developing areas, with strong long-term appreciation potential.

Real estate broker and advisor

Audrey Hammond
Audrey Hammond
Certified Residential and Commercial Real Estate Broker AEO (D9862)
Courtière Immobilière Audrey Hammond Inc.
Real estate agency (G7014)
ENGEL & VÖLKERS MONTRÉAL
Real estate shop ⬩ Brossard