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3 bedrooms
Lot dimensions 2 307.78 ft² (214.4 m²)

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Semi commercial DUPLEX (plus refundable GST-QST)
3801-03, rue Masson, Montreal, Quebec H1X1S9

Roof:  redone may 2020 (10 years warranty)


Semi-commercial duplex (70% _ 30%), on a northeast corner, facing southwest, therefore very well lit.
Restaurant on the ground floor (860 sq. Ft.), Can also be converted into office spaces. Front door facing south (feng shui) .
With a rear room extension (700 sq. Ft., Karaoke bar type).
And a full-size basement (except back room) (860 sq. Ft.)
A total of 2,300 square feet indoors for the commercial part, plus outdoor parking and outdoor storage space.
Plus first floor apartment with 3 bedrooms, completely renovated in 2018 (860 sq. Ft.)
Total gross income of $ 46,200 per year.
Ground floor: available right now (look on DuProprio For Rent) 
Upper apartment (6 ½, 3 bedrooms with window, double living room to the south): one year lease (Current tenant: family with 3 children, two family incomes)
 
In the heart of the action close to the Olympic Park, Montreal Botanical Garden and services (schools, Cegep). In line with the development of the Promenade Masson.
Type of property: building on street corner
Building type: Duplex
Floors: 2
Neighborhood: Vieux-Rosemont
Rear parking: 1 car
Bathroom, toilet
   2 rooms for the commercial ground floor (without bath)
   1 on the first floor (residential)
Characteristics of the basement
Seven feet or more, separate entrance
Hatch to descend large rooms, from the back room to the basement.
Type of basement
Full basement under the commercial ground floor. (Partially finished: 860 sq. Ft., 7 ft. High)
Building features
Brick, paved driveway, large double windows for trade on the ground floor and aluminum windows for the first residential floor.
Type of foundation: poured concrete, stone
Style: row
Fire protection: fire alarm system.
ADT alarm system: for entry and movement.
Total units: 2
Type of heating (Electric utility): at the expense of the tenants.
Entrance with meter for natural gas with Energir, formerly Gaz métropolitain inc). Gas line inspected in 2018.
__

Sewers: municipal.
Water: water supply by the municipality
Exterior features, exterior cladding: brick
Characteristics of the neighborhood, nearby amenities: highways 40 and 25, two CEGEPs, parks, primary and secondary schools.
Public transportation: rue Masson, boul. St-Joseph, boul Rosemont, Pie IX, metro 10 minutes by bus
Total number of parking spaces: 1
Ground
Lot characteristics: 2308 ft. ca., front of 26 ft
Type of Zoning: residential / commercial
Central electric heating, additional electric heating on the ground floor, electric heating on the first residential floor. Electricity-heating at the expense of the tenants.
 
Roof (asphalt and white gravel, 800 sq. Ft.) Redone in May 2020 (Silva Couvreur Inc.), according to the new standards of the city of Montreal. 10 year warranty, transferable)


Commercial mortgage loan: down payment 25% at banks.
Private lender available (with guarantees)
INCLUSIONS:
$ 25,000 for restaurant equipment (hood with ventilator on the roof, fire sprinklers, gas stove, gas hob, gas fryer; double sink, refrigerators, refrigerated counter for vegetable and condiment service, 3 freezers, 2 of which stand up , stainless steel tables, remote controlled alarm system, storage shelves)
 
Other restaurant equipment NOT INCLUDED for sale: Franke automatic espresso coffee machine, refrigerated glass counter, meat cutter, automatic smoothie machine, panini grill, cash register with MEV
 

Terrace possibility on 18th Avenue, after agreement with the city

Complete Description
Complete Description

Property features

Asking Price
$649,500
Details
With equipment
Year of construction
1924
Number of commercial units
1
Building dimensions
2 267.96 ft² (210.7 m²)
Certificate of Location
Yes
Number of parkings
1
Company
Café du coin Masson et 18e inc
Franchise
No
In operation since
2017
Municipal evaluation's date
2020
Lot's municipal evaluation
$171,500
Building's municipal evaluation
$406,300
Annual incomes
$46,200
Taxes year
2020

Lease:

  • With Lease

Bathroom:

  • Bath and shower

Foundation:

  • Cast concrete
  • Rock

Frame:

  • Wooden part on part

External facing:

  • Brick

Floor coverings:

  • Ceramic

Roof:

  • Gravel and asphalt

Windows:

  • Aluminium

Heating source:

  • Electric

Electric system:

  • 200 amps

Features:

  • Air Conditioning
  • Fire Detector
  • External Lighting
  • Outside Sign
  • Interior Warehouse
  • Stove
  • Restaurant
  • Alarm System
  • Sprinkler System

Basement:

  • Concrete

Upgrades:

  • Cupboards
  • Kitchen
  • 9ft ceilings
  • Floors
  • Bathrooms

Parking / Driveway:

  • Asphalt
  • Outside

Zoning:

  • Restaurant

Location:

  • Near park
  • Residential area
  • Public transportation
  • Near schools
  • Close to all services

Lot description:

  • Flat geography
  • Fenced
  • Corner lot

Near Commerce:

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

Near Health Services:

  • Hospital
  • Dentist
  • Medical center

Near Educational Services:

  • Day nursery
  • Kindergarten
  • Elementary school
  • College

Near Recreational Services:

  • Library
  • Bicycle Path

Complete list of property features

Room dimensions

Storey
Room
Dimensions
Flooring
Suite
Storey: 1st floor
Dimensions: 80' x 25' (24,38 m x 7,62 m)
Flooring: Parquet

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.

$649,500

Commercial / Apartment for sale

No. 881339

With equipment
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Contact the owner
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