Description

** Location Location Location ** Well maintained 3 storey semi-commercial building for sale in a sought-out area of Le Plateau/Mile-End/Little Italy area. Strategically located on the corner of blvd St Laurent and Bernard E. The ground floor plus basement currently rented as commercial. The second floor (2 rue Cloutier) is an open concept LOFT style apartment which has been rented on Airbnb for the past years generating around $75,000 per year. The 3rd floor is a 3 bedroom apartment which is currently occupied by the owner. This property holds a legal AIRBNB permit. The new owner can easily continue operating the unit on the same platform.

Additional Details

** Location Location Location ** Well maintained 3 storey semi-commercial building for sale in a sought-out area of Le Plateau bordering the Mile-End and Little Italy. Strategically located on the corner of blvd St Laurent and Bernanrd E right before crossing the under passage. The main floor is currently rented since 2021 to same tenant for commercial use. They also have access to the basement which is not finished and used as storage. Many improvements and renovations were completed in the unit throughout the years. The second floor (2 rue Cloutier) has also undergone renovations throughout the years and is currently being used as a Loft open concept. This unit is currently rented as a short term rental (Airbnb) by the owner and generates roughly $75,000 gross annually. They possess the proper permit to do so. The new owner can easily continue operating the unit on the same platform if desired. Third floor apartment (4 rue Cloutier) consists of 3 bedroom and is currently being occupied by the owner. *** Building located on a corner lot *** - Building Size 28 x 44 feet ** 5817 blvd St Laurent - Main floor *** - Rented to for commercial use - roughly 1250 sqft - Wall-mounted thermo pump (AC & heat pump) - also has access to the basement ( unfinished & used as storage) - several upgrades and renovations were made throughout the years - Lease ends October 2024 ** Current rent is $4,000 net ** *** 2 rue Cloutier - Second Floor *** - Loft unit open concept - Fully renovated & remodeled throughout the years - Large functional kitchen - Entry for washer and dryer - Roughly 9 foot ceiling - Wall-mounted thermo pump ( AC & heat pump ) - Fully furnished - Uses Airbnb as their platform - Roughly $75,000 gross per year * Currently rented on AIRBNB with legal permit by the owner * ** 4 rue Cloutier - Third floor ** - owner occupied - 3 bedrooms, large renovated kitchen, bathroom and living room - renovated entirely 2023 - large windows

Included

water heaters x 3 and A/C units x 3

Excluded

Tenant's personal belongings

Location

Room Details

ASSESSMENT, TAXES AND OTHER COSTS

Characteristics