Description

Great cross revenue property with multiple potential as investor or owner occupant investor. It is located in Triple AAA location in highly demanded Plateau area . see addendum for more details! lots room still for optimization for new investor buyer(s) Vendor has done lots of improvements and has increased revenues and secured a triple net lease with established Benjamin Moore franchise owners La Cité Des Peintres Inc.

Semi-commercial 1 commercial local & 8 residential studio
appt Unit(s)

Commercial Building description:
-200 Rachel street (commercial premises retail store)
-1st floor; store with mezzanine office
-Basement with 6 feet and more ceilings for inventory
storage.
-Loading dock with garage door
Rental income: Tenant Occupied:$5248.00/month (As of June
1st, 2025)
additional rent(50 % recovery for building Exp) Annual
$11591.00/ Monthly $966.00)

Gross Income : $6214.00 per month /Annual $74568.00

Description residential apartments:
204 Rachel
2 floors - 4 units per floor
common hallway w/storage lockers and staircase
studio apartments
rental income: $7626.00 per month / Annual $91512.00

Gross Income : $13,840.00 per month / Annual $166,080.00 (
Commercial & Residential)

Building Expenses

Municipal Taxes 2025: $14632.00(R)
School taxes 2025: $849.00 (R)
Insurance 2025: $7701.00 (R) (50% recovery total =
$11591.00 )

Total expense: $11591.00 (R)
Hydro 2025: $5591.00 (residential only no recovery)

Total expenses: $17182.00 Annual or $1431.83/Month


NOI: $13,840/Month or $166080.00(annual)

Signed leases and financials where applicable applicable to
a PPG offering.

Sale with exclusion(s) of legal warranty: This sale is made
without legal warranty at the buyer's risk.

-3 residential units fully renovated (2025)
Bathrooms, kitchenettes, flooring, lighting, appliances,
painted
-Common areas & corridors updated & painted (June 2025)
$60,000+ invested
commercial exterior& Interior freshly painted & upgraded
leasehold improvements (2024--2025)
-Basement remediated with new cement slab and completed
Phase 1-4 environmental reports.
-- $100,000 + invested total

Location:
AAA corner property with high pedestrian/vehicular
visibility in the heart of Plateau Mont-Royal. Steps from
bus stops, metro stations, downtown Montreal, McGill &
Concordia University, Mont-Royal Mountain, shopping, and
all urban conveniences.