Revenue property for sale - Downtown$3,388,000
$3,388,000
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
- Land surface area
- 4,413.2 pc
- Front of the property
- 51.20 p
- Depth of Field
- 86.50 p
- Near
- De Champlain
- Construction year
- 1875
- Facade of the building
- 51 p
- Building Depth
- 86 p
- Number of floors
- 3
- Total number of units
- 8
- Construction distinctive feature
- Century
- Building Type
- Attached
- Total number of units
- 8
- Inclusions
- Any equipment ensuring the proper functioning of the BUILDING and all furniture and/or appliances included in the leases.
Assessments
- Building assessment
- $1,605,100
- Evaluation of land
- $732,400
- Assessment year
- 2025
- Reference date (potential revenue)
- 2025/11/07
- Legal warranty
- Sale with exclusion(s) of legal warranty - See listing broker(s)
- Potential gross revenue (commercial)
- $100,068
- Potential gross revenue (residential)
- $166,464
Expenses
- Insurance - General spend
- Amount:$10,000
- Frequency:Yearly
- Caretaking - General spend
- Amount:$1,720
- Frequency:Yearly
- Maintenance / Repairment - General spend
- Amount:$4,880
- Frequency:Yearly
- Municipal Taxes - General spend
- Year:2025
- Amount:$29,511
- Frequency:Yearly
- School taxes - General spend
- Year:2024
- Amount:$1,786
- Frequency:Yearly
Addenda
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.
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
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