Montreal (Downtown) Commercial property for sale - $679,000

Corner mixed-use triplex on Sainte-Catherine Street East, steps from Théâtre Denise-Pelletier. Two rented 3-bedroom 6½ units and a 2,677 sq. ft. commercial space (ground floor and basement) leased until July 2028 to an established business, with a two-year renewal option. Gross income of $54,960. Well-maintained building: 2017 roof, commercial façade, balconies, heat pump. 2025 certificate of location.

INCOME
- 4226-1: 6½, 3 bedrooms, $1,075/month, lease to June 30, 2027.
- 4226-2: 6½, 3 bedrooms, $1,155/month, lease to June 30, 2027.
- 4224 (commercial): 2,677 sq. ft. per lease (ground floor and basement), garage included in the lease, leased to L'Atelier Lithium Inc. from August 1, 2026 to July 31, 2028 at $2,350/month (base rent of $1,700 + $650 share of taxes, insurance, administration fees and heat pump maintenance), base indexed $100 per year, 2-year renewal option. Gross lease with an annual adjustment of the tenant's share of taxes, insurance and operating costs: cost increases are recharged to the tenant every March 1.
- Potential gross income: $54,960. 2026 municipal assessment: $690,900.

THE BUILDING
- Built in 1900, corner row building, 3 storeys, brick.
- 1,535 sq. ft. lot, lot 1 880 766. Certificate of location dated December 8, 2025.
- Work: roof replaced (2017); commercial unit interior renovations (2018-2019); commercial façade fascia and 4226 window thermal units (2021); basement insulation and urethane, water heaters (2022-2023); 4226-2 balcony (2024); masonry (2025); heat pump and electrical (2026).
- Three water heaters, two of them rented (Hydro-Solution).

THE AREA
Hochelaga-Maisonneuve, on the Sainte-Catherine East commercial strip: Théâtre Denise-Pelletier, Promenade Ontario, Joliette and Pie-IX metro stations, Morgan Park.

VISITS
24-hour notice, building occupied by three tenants. Investor package (leases, rent notices, insurance, certificate) available on request from the listing broker.

Price plus GST/QST on the commercial portion of the building, i.e. 22% (non-residential share on the assessment roll). Sale with legal warranty. Seller's declaration available.

INCLUSIONS
As per the leases.

EXCLUSIONS
Tenants' belongings; the two rented water heaters (Hydro-Solution).