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1 bedroom
Lot dimensions 816 ft² (75.81 m²)

Owners’ comments

COMMERCIAL CONDO

Price of $320,000 plus tax

Rarity in the market; Commercial condo located on Papineau Avenue in a prestigious building in the heart of the Plateau, a few steps from Mont-Royal Avenue and Laurier Street, in a busy area with several shops and services around.

Features and inclusions:

  • Ceiling 12 feet
  • 486 sq. ft. on the ground floor
  • +330 sq. ft. sunny terrace
  • Condo fees of $83 per month
  • Empty space (without furniture)
  • Bathroom (toilet, sink and vanity)
  • New windows
  • Polished concrete floor
  • Freshly painted
  • Fixture included
  • Surveillance camera
  • Alarm system

*Bar, pub, restaurant with fried food NOT allowed

Excellent commercial business opportunity; Ideal for boutique, office, retail, gallery, convenience store, workshop, jewelry store, hair salon or others.

Available immediately

Complete Description
Complete Description

Property features

Style
Open area
Asking Price
$320,000
Details
With income
Year of construction
2019
Number of commercial units
1
Building dimensions
486 ft² (45.15 m²)
General condition
Excellent
Certificate of Location
Yes
Company
Galerie d'Art
Franchise
Yes
In operation since
2019
Municipal evaluation's date
2022
Building's municipal evaluation
$191,800
Annual incomes
$19,440
Taxes year
2022

Foundation:

  • Cast concrete

Frame:

  • Steel
  • Concrete

External facing:

  • Stone

Floor coverings:

  • Concrete

Roof:

  • Gravel and asphalt

Windows:

  • Aluminium

Heating source:

  • Electric
  • Thermo-pump

Features:

  • Handicapped Facilities
  • Air Conditioning
  • Monitoring Camera
  • Fire Detector
  • Air exchanger
  • External Lighting
  • Lights
  • Bathroom
  • Municipal Services
  • Alarm System
  • Network Cabling
  • Sprinkler System
  • Fan

Near Tourist Services:

  • Hotel

Zoning:

  • Bar
  • Office
  • Manufacturer
  • Restaurant
  • Services
  • Show
  • Retail sale

Location:

  • Near park
  • Public transportation
  • Panoramic view
  • Close to all services

Lot description:

  • Panoramic view
  • Flat geography
  • Hedged
  • Fenced
  • Patio/deck
  • Landscaped
  • Plane

Near Commerce:

  • Supermarket
  • Drugstore
  • Bank
  • Financial institution
  • Restaurant
  • Shopping Center
  • Bar

Near Health Services:

  • Hospital
  • Dentist
  • Medical center
  • Health / spa Center

Near Educational Services:

  • Day nursery
  • Kindergarten
  • Elementary school
  • High School
  • College
  • University

Near Recreational Services:

  • Gym
  • Sportif center
  • Library
  • Museum
  • Bicycle Path

Complete list of property features

Room dimensions

Storey
Room
Dimensions
Flooring
Bathroom
Storey: Main floor
Dimensions: 5' x 8' (1,52 m x 2,44 m)
Flooring: Concrete
Entrance
Storey: Main floor
Dimensions: 5' 1" x 5' 2" (1,54 m x 1,58 m)
Flooring: Concrete
Open concept
Storey: Main floor
Dimensions: 16' 5" x 28' 9" (5,01 m x 8,76 m)
Flooring: Concrete
Terrace
Storey: Main floor
Dimensions: 22' x 15' (6,71 m x 4,57 m)
Flooring: Other

Annual and Monthly costs

Summary of Expenditures
Monthly
Annual
Land taxes
$311.10
$3,733.20
School taxes
$9.64
$115.67
Electricity
$26.00
$312.00
Maintenance fees
$82.87
$994.46
Insurance
$68.69
$824.28

The steps involved in buying a property

Could this property be “the one”? Here’s an overview of the steps involved in becoming the owner. These steps and the legal implications remain the same whether the property is purchased from an individual or through a broker.

1
Financing

One of the first things to do when looking for a property is to get a mortgage preapproval from a financial institution. The goal is to determine borrowing capacity, and as a result, the price range to be looking in.

2
Offer to purchase

The property suits the budget and needs? Time to submit an offer to purchase! This document sets out the price, the elements included in the sale, the possession date, the conditions of purchase and all other information relevant to the sale.

Need the form?

Documents to download

3
Conditions of purchase

The offer to purchase generally includes conditions. The most common are the property passing an inspection, the buyer providing proof of financing and the buyer selling their own property. Once the listed conditions are met, the property is considered sold.

4
Property transfer

The last step is to see a notary, who is generally chosen by the buyer. This real estate professional drafts the deed of sale and ensures that the interests of all parties involved are respected.

Once the deed of sale is notarized, the new owner gets the keys to the home. All that’s left is to move in!

More details on these steps

See our All about buying section.

$320,000

Commercial space for sale

4753 avenue Papineau

Le Plateau-Mont-Royal Montréal / l'Île

No. 1018943

With income
Contact the owner
Contact the owner
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