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Office - For sale

$1,649,000 + taxs Montréal

875 Rue Jarry E. H2P1W6
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Commercial building/Office - 875 Rue Jarry E.

Reference : #18886264
514-354-6240

Hotel-Apartment completely renovated offering high incomes and excellent profitability: unique opportunity in Montreal. Hotel-apartment and Airbnb permits. "Turnkey solution" investment: easy to manage by internet and remotely, requiring only household staff on site. Currently operated by a private concierge and short-term rental company.

Hotel-Apartment completely renovated offering high incomes and excellent profitability. Unique opportunity in Montreal with exceptional location.
Hotel-apartment and Airbnb permits.
"Turnkey solution" investment: easy to manage by internet and remotely, an operation requiring only household staff on site.
Currently operated by a private concierge and short-term rental company.
Net income paid to the owner by the company: - May 2019: $9,487 - June 2019: $10,387 - July 2019: $9,632
- August 2019 : $14,025
> The building has been completely renovated inside to make 6 "trendy" apartments condo style.
> Plumbing and electricity redone.

> Work to be done by the seller before the sale :
- Brick work on St-André facade
- Repointing mortar brick on Jarry facade

The building includes:
- 1 apartment 2 ½
- 3 apartments 3 ½ - 2 apartments 4 ½

> Located in a pleasant area of Villeray borrough which offers quality life: shops, coffee-shops and restaurants. > Just 5 minutes walking distance to Jarry subway station, near an IGA Extra supermarket, a SAQ and a Jean-Coutu drugstore. > Jarry Park within walking distance, easy access to the 40 Highway and to the airport.
> C.2A, H. Permitted zoning uses include:
- Hotel - Office - Personal health care - Medical clinic.
In this zoning, short term rental is permitted on the 6 units.

> Inclusions:
- Outdoor parking for 2 cars. - For each of the 6 apartments: stoves, refrigerators, dishwashers, microwaves, air conditioning units, all the furniture and decoration accessories. - 2 heavy load washers and 2 heavy load dryers (laundry room).
- 7 water heater tanks.
> Note: 24 hrs notice for showing.



INCLUSIONS
For each of the 6 apartments: stoves, refrigerators, dishwashers, microwaves, air conditioning units, all the furniture and decoration accessories. Laundry room: 2 heavy load washers and 2 heavy load dryers. 7 water heater tanks.

EXCLUSIONS
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General Information
For sale
Type Office
Price $1,649,000 + taxs
Reference 18886264
Unit(s) 1
Year of construction 1953
Municipal tax $7,901 / year
School tax $1,398 / year
Sewage system Municipal sewer
Water supply Municipality
Siding Brick
Windows Aluminum
Heating energy Electricity
Heating system Electric baseboard units
Basement 6 feet and over
Finished basement
Equipment available Laundry room in the basement
Wall-mounted air conditioning
Parking Outdoor
Driveway Asphalt
Proximity Highway
Public transport
hops, IGA Extra, Jean-Coutu, SAQ
Kind of commerce Hotel
Type of business/Industry Service
Zoning Commercial
Residential
Type of property Commercial building/Office
Type of building Attached
Building dimensions 10.5 x 14.62 m (irregular)
Municipal evaluation
Year 2019
Land Evaluation $226,600
Building Evaluation $842,600
Total $1,069,200
Taxes
Municipal Taxes (2019) $7,901
School taxes (2019) $1,398
Total $9,299
Composition
Unit Type Total Total empty Surface Description
COM½ 1 1 227 m²
Inscrit par un membre de la communauté 1clic
Reference :
#18886264

William Conte
Real Estate Broker
514-354-6240