Description

Are you looking for exclusivity? A street corner with lots of light? The possibility of operating a home office while having an A+ location between two metro stations (Mont-Royal and Laurier)? I found for you this jewel with lots of potential! This property has a lot of character to develop for artists and creators of ideas. Who will be the lucky buyer? A permit application must be approved by the borough, that is quite open and flexible (see "Town planning regulations" document). The price takes into account the rental improvements to be made. Triple net lease.

Addendum

Please view all documents prior to asking for a visit.

- Transformation possibility (commercial/residential) - 13 windows through 2 stories : incredible lighting! - Brick and stone walls - High ceilings - Street corner

The lease will have a duration of 36 months, indexed to the cost of living. The rent indicated is only valid for the first 12 months. The rent will be increased every year according to the cost of living established by Statistics Canada. The lease will be triple net.

Triple net rent numbers: -Business tax: 1 972$/month -Condo fees (47%): 1 022$/month Total added rent : 2 994$, added to the regular rent of 3 450$/month, for a total triple net rent of 6 444$/month. Insurance is included in condo fees. Electricity is at the tenants' expense.

A permit application must be approved by the borough, which is quite open and flexible (see "Town planning regulations" document). The price takes into account the rental improvements to be made, in addition to a profit margin for the promising buyer.

www.groupelariviere.ca

Description sheet

Features

Assessment, Taxes and Expenses