250 Av. des Pins E., Montréal (Le Plateau-Mont-Royal), QC H2W

$4,500,000

0 Bedrooms
0 Bathrooms
1962
MLS: 16189259

Potential gross revenue

$290,916

Description

Semi commercial building for sale in the heart of Le Plateau, steps from Mount Royal. Boasting 8 spacious and renovated units, including a commercial store front, this building conserves its historic charm and has undergone major renovations. The location is unbeatable, steps from Universities, public transit and all that Montreal has to offer! Excellent opportunity for optimization and other projects.

Included

As per leases: All furniture included (tables, chairs, sofas, beds, mattresses, curtains, kitchen utensils and bathroom accessories.

Excluded

Art, antique furniture and decorations. Tenants personal belongings.

Municipal land valuation

$1,004,600

Municipal building valuation

$1,328,400

Addenda

List of improvements:
250 Pins:
-2023 Windows
-2022 roof
-2018: Pieutage of the north + west walls
-2018 Basement: 8-9ft height + new concrete, interior
french drain, sump pump, all new drains, new electrical.
New ceiling supports
-Interior renovations of residential apartments: Plumbing
(2018-2019), electrical (2018-2019),, flooring, kitchens,
bathrooms
-Fire + security system updated (to be connected to
commercial unit)
-Facade work done over the years

260 Pins:
-2018-2019: plumbing and electrical
-Roof apx 12 years old
-Some upgrades done to interior of apartments

Excellent opportunity to enhance the rents

Please contact for more information

Show details

BUILDING
Type
Style	Semi-detached
Dimensions	0x0
Lot Size	3846 PC

EXPENSES
Insurance	$ 24187 / year
Other	$ 1920 / year
Energy cost	$ 10000 / year
Snow removal / Lawn mowing	$ 600 / year
Municipal Taxes (2024)	$ 56627 / year
School taxes (2024)	$ 1870 / year

CHARACTERISTICS
Heating system	Electric baseboard units
Water supply	Municipality
Heating energy	Electricity
Foundation	Poured concrete
Proximity	Cegep, Hospital, Park - green area, Elementary school, High school, Public transport, University, Bicycle path, Daycare centre
Basement	6 feet and over, Unfinished
Sewage system	Municipal sewer
Zoning	Commercial, Residential

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