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Lot dimensions 7,880 ft² (732.08 m²)

Owners’ comments

Automated translation

10442-10456-10458 Hénault Avenue, Montreal

Zoning allows the cultivation and processing of Cannabis.

Building containing 3 addresses

The clearance height is 17 feet

The fenestration has been replaced as well as the two garage doors on the front

certificate of location completed in July 2016

10442 Avenue Hénault is currently occupied by a commercial tenant: end of the lease December 2019 (possible to renew or resume for occupation or lease to another company.)

10458 Avenue Hénault is occupied by a merchant working in the automotive sector (sale, no oil or paint permitted)

LEASE: 53 months, from August 1, 2018 to December 31, 2022. The lease is indexed over time, at a rate of 5.0% per year. This is a semi-gross rent including municipal and school taxes. The costs of energy and maintenance of the premises are explicitly borne by the tenant. However, structural work is at the expense of the owner of the building.

Energy: The costs of heating, air conditioning and electricity inside the rental spaces
are borne by the tenant.

Maintenance and repairs: The building has no common area. In addition, the maintenance of the premises, including minor repairs, is at the expense of the tenant. Therefore, no deduction
for this item of expenditure.

Gross income of +/- $62,000

Complete Description
Complete Description

Property features

Asking Price
$899,000
Number of commercial units
3
Year of construction
1967
Building dimensions
7,380 ft² (685.62 m²)
General condition
Standard
Certificate of Location
Yes
Number of parkings
10
Franchise
No
Annual incomes
$61,579
Taxes year
2015

Lease:

  • With Lease

Heating source:

  • Natural gas

Parking / Driveway:

  • Asphalt

Zoning:

  • Industrial without nuisance

Complete list of property features

Room dimensions

Storey
Room
Dimensions
Flooring
Open concept
Storey: Main floor
Dimensions: 75' x 100' (22,86 m x 30,48 m)
Flooring: Concrete

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.

$899,000

Industrial building for sale

10442-10456-10458, avenue Henault

Montréal-Nord Montréal / l'Île

No. 877347

Contact the owner
Contact the owner
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