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Income property - For sale
$4,200,000 + tax Ville Marie
1208-1224 Rue Ste-Catherine E. H3B1K1
- Income property
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Revenue property - 1208-1224 Rue Ste-Catherine E.
Prime Semi-Commercial Building in the Heart of the Village Nestled on bustling St. Catherine Street East, this semi-commercial property offers an exceptional investment opportunity. Ideally located in the vibrant Village district and just steps from the Beaudry Metro station, the building features five prime retail spaces and theatre adding extra appeal. Above, you'll find a 28-unit rooming house on the second floor, ensuring a steady combined rental income. Located in a strategic location.
INCLUSIONS
As per lease
EXCLUSIONS
As per lease
General Information
| For sale | |
| Type | Income property |
| Price | $4,200,000 + tax |
| Reference | 25328037 |
| Year of construction | 1940 |
| Municipal tax | $94,238 / year |
| School tax | $2,919 / year |
| Gross annual income | $488,724 |
| Land | 1 144.3 m² |
| Sewage system | Municipal sewer |
| Water supply | Municipality |
| Heating energy |
Electricity Natural gas |
| Proximity |
Cegep Elementary school High school Highway Hospital Park - green area Public transport University |
| Zoning |
Commercial Residential |
| Building type | Semi-detached |
| Building dimensions | 35.3 x 0.0 m (irregular) |
| Land dimensions | 34.98 x 0.0 m (irregular) |
| Occupancy delay | 45 days |
Municipal evaluation
| Year | 2025 |
| Land evaluation | $1,544,800 |
| Building evaluation | $2,295,000 |
| Total | $3,839,800 |
Taxes
| Municipal Taxes (2025) | $94,238 |
| School taxes (2025) | $2,919 |
| Total | $97,157 |
Reference :
#25328037
Kristopher Derome-Low
Residential and Commercial Real Estate Broker