Real estate broker
Cellular : 514 909-8277
Office : 514 271-4820
Large semi-commercial building located in the trendy area(or popular area) of Le Plateau-Mont-Royal and sits on a corner lot with tremendous optimization potential. The building consists of two residential units and one commercial space. Located within minutes from Boulevard St Laurent and between metro station Sherbrooke and Mont-Royal, with a walk score of 92. From a public transportation standpoint, close to Jeanne-Mance park, one can take bus #55 or #92
Room(s) : 4 | Bedroom(s) : 1 | Bathroom(s) : 1 | Powder room(s) : 0
Apt. 53 Rachel Includes the dishwasher and light fixtures Apt. 4200 Clark apt. Includes the fridge and stove
The restaurant, 51 Rachel, excludes the restaurant appliances, equipment, furniture, and all other effects belonging to the business
Superb buying opportunity for entrepreneurs or developers.
This semi-commercial building includes:
- 1 residential unit located at 53 Rue Rachel
- 1 residential unit located at 4200 Rue Clark
- 1 commercial space currently rented to a restaurant
located at 51 Rue Rachel
This space is leased to a company that currently operates a
The commercial lease is a net lease and the tenant pays a
business tax recovery of $7,000 plus GST and QST annually.
Annual income is $28,800 plus applicable taxes.
It should be noted that the commercial part of the building
is subject to GST and QST sales taxes.
The 2nd floor of the building consists of 2 residential
units which include 2 bedroom, a living room, a kitchen and
a renovated bathroom. Tenants of residential units pay for
Current annual income:
4200 rue Clark is $10,560 (as of July 1, 2023)
53 Rue Rachel is $10,800 (potential income) currently vacant
The building is located in a zone of category C.2 and H.4 -
the list of operations according to the city of Montreal is
in support. This area allows a maximum of 3 floors and the
number of dwellings could include a maximum of 4 to 8
dwellings subject to the buyer's verifications with the
city of Montreal.
List of recent improvements:
2009-Masonry and windows
2013-Acoustic insulation (commercial space)
2015-Floating floors and painting (53 rue Rachel)
2022-Bathroom of residential units
*Note the area of the restaurant is based on the city's
calculation and is approximate.
Visits to the building will be made with an accepted
promise to purchase only