PROPERTY DETAILS

5817 Boul. St Laurent
Montréal (Le Plateau-Mont-Royal)

MLS: 18342682

$2,000,000

 1 BEDS

 1 BATHS

0 Powder Rooms

1900 YEAR BUILT

Description

** Location Location Location ** Well maintained 3 storey semi-commercial building for sale in a sought-out area of Le Plateau/Mile-End/Little Italy area. Strategically located on the corner of blvd St Laurent and Bernard E. The ground floor plus basement currently rented as commercial. The second floor (2 rue Cloutier) is an open concept LOFT style apartment which has been rented on Airbnb for the past years generating around $75,000 per year. The 3rd floor is a 3 bedroom apartment which is currently occupied by the owner. This property holds a legal AIRBNB permit. The new owner can easily continue operating the unit on the same platform.

** Location Location Location ** Well maintained 3 storey
semi-commercial building for sale in a sought-out area of
Le Plateau bordering the Mile-End and Little Italy.
Strategically located on the corner of blvd St Laurent and
Bernanrd E right before crossing the under passage. The
main floor is currently rented since 2021 to same tenant
for commercial use. They also have access to the basement
which is not finished and used as storage. Many
improvements and renovations were completed in the unit
throughout the years. The second floor (2 rue Cloutier) has
also undergone renovations throughout the years and is
currently being used as a Loft open concept. This unit is
currently rented as a short term rental (Airbnb) by the
owner and generates roughly $75,000 gross annually. They
possess the proper permit to do so. The new owner can
easily continue operating the unit on the same platform if
desired.
Third floor apartment (4 rue Cloutier) consists of 3
bedroom and is currently being occupied by the owner.

*** Building located on a corner lot ***

- Building Size 28 x 44 feet

** 5817 blvd St Laurent - Main floor ***

- Rented to for commercial use
- roughly 1250 sqft
- Wall-mounted thermo pump (AC & heat pump)
- also has access to the basement ( unfinished & used as
storage)
- several upgrades and renovations were made throughout the
years
- Lease ends October 2024

** Current rent is $4,000 net **


*** 2 rue Cloutier - Second Floor ***

- Loft unit open concept
- Fully renovated & remodeled throughout the years
- Large functional kitchen
- Entry for washer and dryer
- Roughly 9 foot ceiling
- Wall-mounted thermo pump ( AC & heat pump )
- Fully furnished
- Uses Airbnb as their platform
- Roughly $75,000 gross per year

* Currently rented on AIRBNB with legal permit by the owner
*

** 4 rue Cloutier - Third floor **

- owner occupied
- 3 bedrooms, large renovated kitchen, bathroom and living
room
- renovated entirely 2023
- large windows

BUILDING
Type Triplex
Style Detached
Dimensions 44x28 P
Lot Size 1194 PC
EXPENSES
Municipal Taxes (2024) $ 10431 / year
School taxes (2023) $ 791 / year
ROOM DETAILS
Room Dimensions Level Flooring
N/A
CHARACTERISTICS
Heating system Electric baseboard units
Water supply Municipality
Heating energy Electricity
Siding Brick
Proximity Highway, Hospital, Park - green area, Elementary school, High school, Public transport, University, Bicycle path, Daycare centre
Basement Low (less than 6 feet)
Sewage system Municipal sewer
Zoning Commercial, Residential
Roofing Elastomer membrane
This property is presented in collaboration with IMMOBILIER SAMS AGENCE IMMOBILIÈRE, RE/MAX ALLIANCE INC