This building has a total rental area of 37,267 square feet, with a large parking space. Currently, 94% of the building is rented, and the Government of Québec occupies 45% of it under a lease valid until 2031, with a 5-year renewal option. No mortgage assumption is required. The roof was redone, and the HVAC system was replaced ± 5 years ago. The building is equipped with sprinklers, air conditioning, and an elevator. It generates an annual income of approximately $680,540, including 2,125 square feet available for rent. The adjacent parking lot, measuring 6,100 square feet, is included in the sale price. Fabulous investment at a 6% Cap Rate GST/QST must be added to the asking price (48692900)
Neighbourhood Name
Rivière-des-Prairies
Time on REALTOR.ca
26 days
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