Commercial building/Office

for sale

1555Z Av. du Docteur-Penfield

,

Montréal (Ville-Marie)

$3 199 000

  • 18917685
  • 0
  • 0
  • 39.5ft x 60ft
  • 5573sq. ft.
Virtual Tour
Noteworthy

Commercial building/Office

for sale

1555Z Av. du Docteur-Penfield

,

Montréal (Ville-Marie)

$3 199 000

  • 18917685
  • 0
  • 0
  • 39.5ft x 60ft
  • 5573sq. ft.
Virtual Tour
About

Located in the heart of the Golden Square Mile, this unique property offers a blank canvas with endless possibilities. Formerly operated as a nuns convent for over 20 years, the meticulously maintained three-storey building features a 40 x 60 ft footprint and is detached on three sides on a 5,500 sq. ft. lot. A beautiful centennial staircase as well as an elevator add both character and functionality. An exceptional opportunity for investors or developers to convert into a multi-residential revenue property or potential condo project. Zoning chart and pre-inspection report are included in the documents.

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5149102215
In addition
Taxes of $5 918
Municipal: $5 918
School:
Municipal evaluation $2 404 900
Land: $1 450 700
Building: $954 200
Building
39.5ft x 60ft
Built in 1900
Lot of 5573sq. ft.
50ft x 110ft
Building and Interior
Heating system
Water supply
Heating energy
Garage
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Driveway
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Zoning
Evaluation
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Addenda

The potential revenue is based on an 8-unit income property scenario, composed of one- and two-bedroom units, with estimated rents of $2,250 for one-bedroom units and $3,000 for two-bedroom units. Revenue could potentially be significantly higher depending on the number of units, finishes, and inclusions. All information is to be verified by the purchaser.

The buyer and the seller will agree on the choice of the inspector.

The seller reserves the right to refuse the choice of the building inspector selected by the buyer for the pre-purchase inspection.

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"The licensee who represents a party must inform, as soon as possible, any other party who is not represented of the fact that he must protect and promote the interests of the party he represents while granting fair treatment to the party who is not represented."

In order to make an informed decision, you are hereby informed of the choices available to you, namely : a) deal directly with the seller's broker and receive fair treatment; or b) deal with your own broker, who will ensure that your interests are protected.

If you choose to work with your own broker, it is recommended that he or she be present during the visit of the property.

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