Income properties for sale
1318 - 1320, Rue Sainte-Catherine Est, Montréal (Ville-Marie)
$1,350,000
+GST/QST
$1,350,000 +GST/QST
Income properties for sale
1318 - 1320, Rue Sainte-Catherine Est, Montréal (Ville-Marie)
Features
Use of property
Residential, Commercial
Year built
1875
Building area (at ground level)
2,000 sqft
Living area
4,162 sqft
Lot area
2,234 sqft
Number of units
Residential (2), Commercial (1)
Residential units
1 x 3 ½, 1 x 4 ½
Potential gross revenue
$118,164
Description
The Property a fully leased semi-commercial asset anchored by Tommy Café and featuring two residential apartments. Tommy Café occupies the entire ground floor of approximately 2,000 square feet plus an additional 600 square feet of basement space, with a semi-gross lease signed in 2023.The upper floors of the Asset have been renovated and received over $250,000 in capital expenditures. The apartments have new high-end appliances with air-conditioning units, and all utilities are the tenant's responsibility.
Centris No. 26195548
Financial details
Municipal assessment (2025) | |
---|---|
Lot | $311,400 |
Building | $718,600 |
Total | $1,030,000 |
Taxes | |
---|---|
Municipal (2025) | $18,792 |
School (2025) | $872 |
Total | $19,664 |
Expenses | |
---|---|
Insurance | $6,000 |
Maintenance | $2,000 |
Equipment (rental) | $1,258 |
Management/Administration | $3,492 |
Total | $12,750 |
See all financial details