For Sale...of 4120 Sainte-Catherine Street West in Westmount, Québec. Located across the street...
Transcript of For Sale...of 4120 Sainte-Catherine Street West in Westmount, Québec. Located across the street...
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High-end retail unit in Westmount
Avison Young is proud to present this unique opportunity to purchase a prestigious retail condominium of 2,784 square feet situated on the ground floor of 4120 Sainte-Catherine Street West in Westmount, Québec.
Located across the street from Westmount Square and the Atwater metro station, the condominium unit is part of a six-storey commercial condominium building built in 1989.
Robert EmblemVice President, Real Estate [email protected]
Avison Young Québec Inc., Commercial Real Estate Agency1200 McGill College Avenue, Suite 2000, Montréal, Québec H3B 4G7514.940.5330 | avisonyoung.com
For Sale
WESTMOUNT, QUÉBECSAINTE-CATHERINE STREET WEST
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FINANCIALS
Asking Price $2,999,999
Municipal Evaluation, Land $119,600
Municipal Evaluation, Condo $1,102,400
Municipal Evaluation, Property $1,222,000
Municipal Taxes (2020) $42,367.23
School Taxes (2019-2020) $1,799.69
Total Taxes $44,166.92
Condo Fees $21,955.76
Avison Young | 4120 Sainte-Catherine Street West
Condo Sales Office, Ground Floor 2,784 square feet
Rate $42.00/square foot
Net Revenue $116,928.00
Expiry Date May 30, 2020
Options to renew 2 X 1-year options**
The unit is fully leased, providing an investment opportunitywith good leveraged returns..
*at the same rateParticipating broker portion: 2%
LEASING DETAILS
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LOCATION
4120 Sainte-Catherine West is strategically located near Downtown Montreal, in a very active commercial sector.
In addition to being located directly opposite to Westmount Square and adjacent to Alexis-Nihon Plaza, the building is also located a few steps away from Greene Avenue and from the former Montreal Children’s Hospital, soon to become a major residential redevelopment called Square Children’s. The project will offer different types of residential units, such as apartments for rent, condominiums and community housing.
The immediate neighbourhood is a wealthy residential area, which fuels commercial activity and the local services industry. The building is also directly adjacent to the Atwater metro station (green line of the STM), which provides easy access to the entire Montreal transit system.
Avison Young | 4120 Sainte-Catherine Street West
For Sale
Westmount
Downtown West
SAINTE-C
ATHERIN
E STREET W
EST
TUPPER AVENUE
DE MAIS
ONNEUVE BOULEVARD W
EST
GREENE AVENUE
ATWATER AVENUE
LAMBERT-CLOSSE AVENUE
DORCHESTER BOULEVARD
RENÉ-LÉVESQUE BOULEVARD WEST
SHERBROOKE STREET W
EST
Atwater
Atwater
Westmount Square
Lucille’s Oyster Bar
Taverne sur le Square
Ryu/Liiv Salads
Place Alexis-Nihon
1111 Atwater
1100 Atwater
Dawson College
WinnersCanadian Tire
Staples
AMC Forum 22SAQ
Adonis
Cabot Square
Square Children’s
EstWest Condos
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For Sale
For more information, please contact:
Avison Young Québec Inc.,Commercial Real Estate Agency1200 McGill College AvenueSuite 2000Montréal, QuébecH3B 4G7
514.940.5330 | avisonyoung.com
Robert EmblemVice President, Real Estate [email protected]
GLADSTONE AVENUE
SAIN
TE-C
ATH
ERIN
E ST
REET
WES
T
GROUND FLOOR
WESTMOUNT, QUÉBECSAINTE-CATHERINE STREET WEST
The information contained herein has been obtained from sources deemed reliable. Avison Young, and/or its representatives, brokers or agents make no guarantees as to the accuracy of the information contained herein, and offer the property without express or implied warranties of any kind.