Montreal (Plateau-Mont-Royal) Commercial property for sale - $1,495,000

Just steps from the Mont-Royal metro station, this beautiful semi-commercial three-plex building with a slate mansard roof is perfect for your future business or as a sound and secure investment. Its magnificent facade, the most rustic and country-style on St-Denis Street, attracts the attention of many passersby every day.

Addendum
THE AREA
St-Denis Street, transformed in 2020 with new urban amenities, its now-popular bike path, and wide sidewalks, offers a new dynamism for both customers and businesses. Located near Marie-Anne Street, in the heart of the Plateau, with excellent visibility, it benefits from very high pedestrian, bicycle, and vehicular traffic.

Other attractive businesses in the neighborhood: Fido, Rogers, Bell Mobility, Shop Santé, Renaud-Bray, A&W, Poulet Rouge, McDonald's, Boutique Courir, Rachelle Bery...

This area offers easy leasing opportunities for commercial space, residential apartments, and parking spaces, which are in high demand.

COMMERCIAL SPACE
1,183 sq ft on the ground floor, plus a finished basement with an exterior entrance for deliveries. The entire backyard, exclusively leased to the commercial tenant, provides parking for up to 5 cars.

Available to the new owner on June 1, 2026, or earlier or later, subject to an agreement between the current tenant and the future buyer.

$4,600/month (+ GST/QST) until May 31, 2026. One-year renewal option.

The tenant is responsible for the non-residential taxes of $11,530 (2025 tax year). The landlord is responsible for the electricity costs for the unit. The unit's hot water tank also supplies hot water to the second-floor apartment.

RESIDENTIAL UNITS
- Unit 4322 (2nd floor)
- $2,300/month ± 1,183 sq ft + sunny-facing terrace.

- 3 bedrooms, 1 bathroom, and 1 powder room.

- Unit 4320 (3rd floor)
- $2,440/month ± 1,183 sq ft + sunny-facing terrace.

- 3 bedrooms, 2 bathrooms, and a heat pump.

Gross annual income: $123,610.

$112,080 in rent plus the $11,530 municipal tax recovery.


IMPROVEMENTS

- Main drain replaced (Oct. 2019 - $3,250)
- Finished basement
- Basement stairs completely resurfaced (Dec. 2022 - $36,392)
- Rear balconies replaced with decks (July 2017 - $44,265)
- 3rd floor heat pump (April 2019 - $7,982)
- Commercial unit heat pump (October 2024 - $16,733)
- New commercial unit electric furnace (October 2024)
- New water heater at 4320, plumbing work (April 2019 - $2,044)
- Floor sanding at 4320 (June 2016 - $1,910)

A written agreement exists between the seller and the Shared space in the former common fire escape staircase.

Its proximity to the three metro stations—Laurier, Mont-Royal, and Sherbrooke—makes it a major commercial street.

The roof is old (built in 2005). The seller had an inspection done; the report is available.

A grant for renovations to the building through the Commerce-Montréal program would likely be available. This should be verified with the City; the seller offers no guarantee in this regard or that the new owner would be eligible.

Sale without legal warranty of quality, at the buyer's own risk.