1300-1310 Henri-Bourassa Boulevard East

Montréal, QC

Asking Price: $725,000

INCOME PROPERTY FOR SALE IN AHUNTSIC-CARTIERVILLE Avison Young is proud to present this exceptional opportunity to acquire 1300-1301 Henri-Bourassa Boulevard East, a well- maintained residential and commercial property in the heart of Ahuntsic-Cartierville in Montréal.

The property includes a commercial unit on the ground floor (currently used as a fitness studio) as well as three large condominium-style dwellings on the upper floors, each occupying an entire floorplate. Located 700 metres east of the Henri-Bourassa metro station and with a bus stop across the street, the property is situated in proximity to several services, educational institutions and parks.

Avison Young Québec Inc., Commercial Real Estate Agency 1200 McGill College Avenue, suite 2000 Montréal, Québec H3B 4G7 514.940.5330 | avisonyoung.com 1300-1310 Henri-Bourassa Boulevard East

Montréal, QC

PROPERTY CHARACTERISTICS

Lot (Québec Cadastre) 2 496 054

Site Optimal Use

Site Area 2,040 sf

Zoning Commercial, residential

Building Dimensions (irregular) 27 ft 9 in x 52 ft 3 in (irr)

Ground Area 1,126 sf

Building Area 5,503 sf

Year of Construction 1990

Number of Floors 4 floors + basement

Basement 1,102 sf

Ground Floor (commercial) 1,126 sf

2nd Floor (Apartment #1) 1 x 4 ½ of 1,117 sf 3rd Floor (Apartment #2) 1 x 4 ½ of 1,117 sf FINANCIAL INFORMATION 4th Floor (Apartment #3) 1 x 4 ½ of 1,041 sf POTENTIAL REVENUES Parking Spaces 4 exterior spaces Basement & GF (commercial) $7.32 / sf $1,360 / month

Storage Space 3 2nd Floor (Apartment #1) $720 / month

Structure / Wall coverings Concrete and brick 3rd Floor (Apartment #2) $900 / month

Roof (Renovated in 2011) Tar and gravel 4th Floor (Apartment #3) $750 / month

Heating Electric baseboards Gross Residential Revenue $28,440

Electrical Entry 4 x 125 amperes Gross Commercial Revenue $16,320 Tax Recuperation (Commercial) $2,414 COMMENTS Gross Potential Revenue $47,174 • The residential units on the upper floors have been entirely renovated recently. The units are now comparable OPERATING EXPENSES to condominium units. Municipal Taxes (2018) $9,826

School Taxes (2018-2019) $1,146

Insurance (2018-2019) $2,945

Electricity (2017-2018) $306

TOTAL $14,223

Net Revenue $32,951

Avison Young | 1300-1310 Henri-Bourassa Boulevard East 19

PAPINEAU AVENUE

GOUIN BOULEVARD Laval 8

HENRI-BOURASSA BOULEVARD

DES LAURENTIDES BOULEVARD

CARTIER BOULEVARD 1300-1310 Henri-Bourassa Boulevard East 2 CHRISTOPHE-COLOMB STREET 9 3 5 CHAMBORD STREET

10 4

1 SAINT-HUBERT STREET

SAUVÉ STREET EAST LAJEUNESSE STREET 6 Ahuntsic-Cartierville RIVIÈRE DES PRAIRIES

7

SAINT-LAURENT BOULEVARD

HENRI-BOURASSA BOULEVARD

40

METROPOLITAN HIGHWAY

LOCATION 1 Henri-Bourassa Metro Station

Situated near Rivière des Prairies, 1300-1310 Henri-Bourassa 2 Sophie-Barat School Boulevard East benefits from the proximity of several services, educational institutions and parks. Positioned on 3 CLSC Ahunstic the south-east of Chambord Street, the building is located 4 Rachelle Béry Grocery Store minutes away from CÉGEP Ahuntsic, and benefits from its great proximity to the city of Laval. 5 Jean-Coutu Pharmacy 6 CÉGEP Ahuntsic Easily accessible via public transit, the property is located 700 minutes east of the Henri-Bourassa metro station (orange 7 Sauvé Metro Station / Sauvé Train Station line). The building is also close to the Sauvé train station, 8 Frédéric-Back Park which provides quick and easy access to the rest of the Greater Area public transit network and to MRC Les 9 Cartier Metro Station Moulins. 10 IGA Grocery Store

Avison Young | 1300-1310 Henri-Bourassa Boulevard East 1300-1310 Henri-Bourassa Boulevard East

Montréal, QC

Investment opportunity

CONTACT US FOR A VISIT For more information about the property or to schedule a Avison Young Québec Inc., visit, please contact : Commercial Real Estate Agency 1200 McGill College Avenue Jonathan Belec, Commercial Real Estate Broker Suite 2000 [email protected] Montréal, Québec H3B 4G7 514.928.9627 514.940.5330

Julien Marois, Vice President, Real Estate Broker [email protected] 514.940.2109 avisonyoung.com

The information contained herein has been obtained from sources deemed reliable. Avison Young, and/or its representatives, brokers or agents make no guarantees as to the accuracy of the information contained herein, and offer the property without express or implied warranties of any kind.