4120, Sainte-Catherine Street W. Westmount, QC Retail investment opportunity HIGH-END RETAIL UNIT IN WESTMOUNT, QC Avison Young is proud to present this unique opportunity to purchase a retail condominium of 2,784 square feet located on the ground floor of 4120 Ste. Catherine Street West in Westmount, Québec. Located across the street from Westmount Square and the Atwater metro station, the unit is part of a six-storey commercial condominium building built in 1989, and includes two parking stalls in the basement. Avison Young Québec Inc. Commercial Real Estate Agency 1200 McGill College Avenue, Suite 2000, Montréal, Québec H3B 4G7 514.940.5330 | avisonyoung.com 4120, Sainte-Catherine Street W. Westmount, QC Retail investment opportunity FINANCIALS Asking Price $2,598,000.00 The unit is fully leased, providing an investment opportunity with good leveraged returns. Municipal Evaluation, Land $119,600.00 Municipal Evaluation, Condo $1,102,400.00 Condo Sales Office, Ground Floor 2,784 square feet Municipal Evaluation, Property $1,222,000.00 Rate $42.00/square foot Municipal Taxes $37,308.88 Net Revenue $116,928.00 School Taxes $2,010.77 Expiry Date May 30, 2020 Total Taxes $39,319.65 Options to renew 2 X 1-year options* Condo Fees $21,955.76 *at the same rate *Participating broker portion: 2% Avison Young | 4120 Sainte-Catherine Street West Downtown West ATWATER AVENUE LAMBERT-CLOSSE AVENUE 4 5 2 6 7 3 SHERBROOKE STREET WEST Westmount RENÉ-LÉVESQUE BOULEVARD WEST TUPPER AVENUE 8 2 1 DE MAISONNEUVE BOULEVARD WEST 4120 Sainte-Catherine Street West GREENE AVENUE SAINTE-CATHERINE STREET WEST DORCHESTER BOULEVARD LOCATION 1 Atwater Metro Station 4120 Sainte-Catherine West is strategically located near Downtown Montreal, in a very active commercial sector. 2 Westmount Square 3 Place Alexis-Nihon (Winners, Canadian Tire, IGA) In addition to being located directly opposite to Westmount Square and adjacent to Alexis-Nihon Plaza, the building is also 4 Montreal Forum (AMC Forum, SAQ) located a few steps away from Greene Avenue and from the former Montreal Children’s Hospital, soon to become a major 5 Dawson College residential redevelopment. The immediate neighbourhood is a wealthy residential area, which fuels commercial activity 6 Cabot Square and the local services industry. The building is also directly 7 Square Children’s Development Project adjacent to the Atwater metro station (green line of the STM), which provides easy access to the entire Montreal transit 8 Greene Avenue system. Avison Young | 4120 Sainte-Catherine Street West 4120, Sainte-Catherine Street W. Westmount, QC Retail investment opportunity GROUND FLOOR SAINTE-CATHERINE STREET WEST SAINTE-CATHERINE GLADSTONE AVENUE ZONING CONTACT US FOR A VISIT For more information about the property or to schedule a Lot Number 4 144 455 visit, please contact : 4 143 015 4 144 456 Robert Emblem 4 144 458 Vice President Common Cadastres 4 144 458 Real Estate Broker 4 144 458 4 144 460 [email protected] 514.360.3629 4 143 028 Parking Cadastres 4 143 029 Avison Young Québec Inc., Commercial Real Estate Agency 1200 McGill College Avenue Suite 2000 Montréal, Québec H3B 4G7 514.940.5330 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..