77 – 89, Rue Jean-Talon Est, Montréal (Villeray/Saint-Michel/Parc-Extension),

For Sale $1,288,000.00 FOR SALE 
 
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Condo commercial Prime Little Italia! Coeur de la rue Jean Talon. À quelques pas du parc Jarry. Spacieux, occupé par des restaurants asiatiques. Clients établis depuis 2018. Opportunité d’investissement idéale ! Contactez-nous maintenant.

Description

$1,288,000 + GST/QST
77-89 Rue Jean-Talon E.
Montréal (Villeray/Saint-Michel/Parc-Extension)
H2R 1S6
Region Montréal
Neighbourhood Villeray
Near
Industrial Park
Property Type Commercial Year Built 2005
Style Unit Expected Delivery Date
Condominium Type Divided Share 44% Specifications
Use of the Property Commercial and residential Declaration of co-ownership
Building Type Semi-detached    Issued Yes (2005)
Number of Floors 3    Published to RFQ Yes (2005-05-05)
Private Portion Size 68.9 X 41.11 ft / 20.97 X 12.77 m Special Contribution
Plan Private Portion Area 2,920.03 sqft / 271.28 sqm Meeting Minutes Yes (2022)
Building Area 2,920.03 sqft / 271.28 sqm Financial Statements Yes (2022)
Lot Size 3.3 X 3.3 ft / 1 X 1 m Building Rules Yes
Lot Area 5,700.03 sqft / 529.55 sqm Repossession/Judicial authority No
Cadastre of Private Portion 3564110, 3627811 Building insurance Yes (2022)
Cadastre of Common Portions 3564109 Maintenance log Yes (2022)
Trade possible Co-ownership insurance Yes (2022)
Zoning Residential, Commercial Contingency fund study Yes (2022)
Type of Operation Retail Certificate of Location Yes (2005)
Type of Business Restaurant File Number
Occupancy According to the leases
Deed of Sale Signature 30 days PP/PR Accepted

Information

Municipal Assessment Taxes (annual) Energy (annual)
Year 2021 Municipal $25,961 (2023) Electricity
Lot $314,200 School $1,145 (2023) Oil
Building $798,600 Infrastructure Gas
Business
Water
Total $1,112,800 Total $27,106 Total

Financial summary

Annual Expenses (excluding operating costs)

 

Condominium fees $21,828
Total $21,828
Use of Space – Available area 2,970 sqft / 275.92 sqm

 

Type Commercial
Unit Number
Corporate Name 2KFUSHION
Area 2,970 sqft / 275.92 sqm
Lease 2020-09-01 to 2025-10-01
Franchise
Monthly Rent $Contact me (2023-09-04)
Type of Lease Net
Rental Value
Lease Renew. Option Yes (3 years)
Block Sale
In Operation Since 2018
Franchise Renew. option
Included in Lease
Outdoor parking (3), Taxes, Water taxes, Snow removal, Indoor parking (0)
Excluded in Lease
Heating, Internet, Electricity, Hot water, Lawn

 

Type Superficie
(Imperial)		 Superficie
(Metric)		 Hauteur libre
Commercial 2,970 sqft 275.92 sqm

 

 

Additional Space Dimensions
(Imperial)		 Dimensions
(Metric)		 Cadastre/Unit number Description of Rights
Driveway 6.7 X 11.4 ft 2 X 3.46 m 3627811 Private portion

The potential EBIT  is

INVESTMENT -$ 1,311,320.00
1 YEAR  $        75,000.00
2  $        76,875.00
3  $        78,796.88
4  $        80,766.80
5  $        82,785.97
 $  1,311,320.00
Current EBIT $57,000.00

Features

Features
Sewage System Municipality Equipment/Services Central air conditioning, Fire detector (connected), Electrical input (600 volts), Alarm system, Sprinkler system
Water Supply Municipality Loading Platform
Foundation Poured concrete Rented Equipment (monthly)
Roofing Cadastre – Parkg (incl. price) Driveway – 1
Siding Brick Cadastre – Parkg (excl. price)
Dividing Floor Parking (total) Driveway (1)
Windows Driveway
Energy/Heating Electricity Lot
Heating System Electric baseboard units, Forced air Distinctive Features
Basement Finished basement Proximity Highway, Metro, Public transportation
Renovations Environmental Study
Water (access) Garage
Mobility impaired accessible

Note

Property on Map

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