the Revenue property for sale ville-marie-montreal, Buyer Revenue property ville-marie-montreal
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Real estate broker
Samia Ouertani
Real estate broker
VIA CAPITALE DU MONT-ROYAL
Office : 514 597-2121

Revenue property for sale, Ville-Marie (Montréal)

$4,498,000 +GST/QST
Description
MLS 18676201
Address : 305Z , 311Z Rue Ontario E. , Ville-Marie (Montréal)
Rooms : 4 | Bedrooms : 1 | Bathroom : 1 | Powder room : 0
Two sumptuous Victorians properties, you'll be conquered by the mood they set. Entirely renovated and restored, the actual building has five renovated housings and six bedrooms used as covert. It also includes a big field at the back that oversees Joly Avenue and can be developed. It's a rare business and development opportunity!

Characteristics

Property Type Revenue property Year of construction 1870  
Type of building Attached  Trade possible
Building dimensions 23.01 m x 11.84 m - irr Certificate of Location
Living Area 8,468.84 sq. ft.      
Lot dimensions 23.01 m x 38.78 m - irr Deed of Sale Signature 120 days
Zoning Commercial, Residential
Pool
Water supply Municipality Parking Outdoor (4)
Foundation Stone Driveway Not Paved
Roofing Garage
Siding Lot
Windows Aluminum Topography
Window Type Crank handle Distinctive Features
Energy/Heating Electricity View
Basement 6 feet and over, Unfinished Proximity Cegep, Hospital, Bicycle path, Public transport  
Bathroom  
Heating system Hot water Sewage system Municipal sewer
Dimensions
Width of the building
23.01 m
Depth building
11.84 m
Living area
8,468.84 sq. ft.
Lot frontage
23.01 m
Depth of field
38.78 m
Lot dimensions (Sq. ft.)
607.30 m²
Fees and taxes
Municipal Taxes :
$1 (2019)
School taxes :
$1 (2018)
Total
$2
Municipal evaluation
Year
2015
Lot
$1
Building
$1
Total
$2
Annual Gross Revenue (Potential)
Residential
$253,800
Other
$1
Total revenue
$253,801

Room dimensions

Rooms : 4    |   Bedrooms : 1    |   Bathroom : 1   |    Powder room : 0
Rooms LEVEL DIMENSIONS Type of flooring Additional information

Addenda

This is a premium Montreal site offering a lot of business

opportunities. As soon as you enter the building, the place

faithfully reflects the soul of 19th century's Montreal and

inspires the imagination, either in the pursuit of a hotel

business or for any other commercial activities.

Each building includes four floors constructed in 1870 and

has a capacity of six residential units and two commercial

units. For the purpose of municipal taxes calculations,

the building is designed as a class 5 non-residential,

which means that 15% of the surface and less than 30% must

stay commercial, so a minimum of 1 280 square feet and a

maximum of 2 820 square feet, while the rest of the area

can be residential, including new construction at the back.

According to the actual zoning, 100 % of the surface 305

and 307 Ontario East can be constructed, including 85% of

the 311 Ontario East surface. For more information, please

communicate with us.

The building is at the corner of Ontario and Sanguinet and

has an attic roof with three metal slopes, skylights and a

closed porch. Its natural charm has been conserved. Inside,

the woodwork and moldings were restored and others were

added for the sake of authenticity while respecting

Victorian decorative art. It includes exterior stone walls,

high ceilings, and high wooden interior doors. The

bathrooms and kitchens have been redecorated. The facade

of the buildings is 75 feet and the floor area is 8,468

square feet including the two units on the ground floor.

Both buildings have eight-foot basements.

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