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 BERRI STREET
7
SAINT-LAURENT BOULEVARD GOUIN 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 Montreal 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.